There are some main points you have to remember: * The people you employ must share your vision of the residual online income business opportunity, and as far as possible, there should be no conflicts of ideas. * Though it makes sense to include people who are better qualified than you in your venture, it is not always right. There might be ego tussles. That is the reason it is better you select people with qualities focused in one particular area rather than those who are equipped with the same set of talents as you have. * When your residual online income business opportunity is growing, it is good to be on friendly terms with the people you employ. That is because your business is yet unknown, and people know just you. So it is up to you to establish good relations with them and convey to them what exactly you are looking for. As your business increases, of course, you can make your relationships with your employees more personal. * You must remember that these people are employed with you in anticipation of a fair exchange. They give you work, you give them money. You have to keep up that equation. Delaying payments is a very bad idea. Also, at some point, you will have to manage the tax responsibilities of the payments you make to your employees. Now, where do you get good employees for your residual online income business opportunity? In self employment, most people tend to look at family and friends to work for them. While this could be a good idea in more ways than one, you must make sure that the person you are selecting really fits the bill. There is no point selecting your best friend to work for you if they do not have the talent required. You will lose the residual online income business opportunity, and your friend also. If you are stuck for getting good employees, taking people on a freelance basis is a very good idea. For one, you can assess their work as it goes on. Secondly, you are not bound to each other. That means, you are not taking any obligations of keeping them employed for a year or something like that. You will get most of your freelance employees over the Internet on job sites. This applies if you are looking for creative employees. If you are looking for people to do physical work for you, then you can put ads in the local papers or put up fliers in the shops. Self employment sounds like music to the ears, but it depends in a major way on the kind of people you get to work for you. You must make that a very important part of the agenda for your residual online income business opportunity.
Archive for March 29, 2011
Much like the rest of Europe Netherlands real estate is looking up and the sale prices for the properties are rising. Coupled with the fact that the global economy and the international real estate market is recovering, this is great news for the Dutch market in almost 3 years. Since the data has been released in April 2010 for the increasing prices of Netherlands real estate listings, the industry is on a roll. According to the data that has been released by the Dutch Land registry Office and Statistics Netherlands, the average cost of the owner occupied apartments and flats are now priced at 241,289 Euros and this is higher compared to the same quarter in 2009. The prices for Netherlands real estate for sale in owner occupied apartments are rising much faster than those that are occupied by the single family homes. The average price of the apartments for all Netherlands real estate listings across the country is valued at 189,540 Euros in 2010 quarter and this has seen an increase of almost 5%. Even the number of housing transactions has increased significantly in the month of April 2010 as compared to the same time the previous year. During the month of April the Netherlands real estate listing were many and the Netherlands real estate for sale were about 11,100 units. The sales rose by almost 10% for single family homes as well as apartment units. As compared to international real estate for sale, Netherlands is one of the countries that have performed the best. Within the European Union, Netherlands real estate for sale has seen the highest sales figure. In the coming 2011, the GDP is expected to grow by 1. 3% and this will also reflect positively on the Netherlands’s real estate.
Since the Dutch employment rate is really low currently and stands at 4. 1% currently, one of the lowest in the European Union. This should see the Netherlands real estate for sale moving really fast. The average Dutch real estate for sale prices for apartments in Amsterdam, the capital of the country is approximately 4437 per square meter. The Dutch rentals across the country are quite moderate and stand at around 6%. In “The Hague” and Amsterdam, the Netherlands rentals are lower at around 5. 5%. This is moderate as compared to the international rentals and the property rentals in the rest of the European Union. The tax on the rental income is a flat tax at almost 30%. Even capital gains tax is 30% if the sale of real property was used for generating rental income earlier. The transaction cots are quite low in the country and stand at around 10% – 14% for the dwellings that already exist. The commissions for the real estate agents are from 2%-4%.
Facilities management services have gained a huge importance in effective functioning of businesses today. In the past few years, these services have become so prominent that none of the businesses existing today can think of surviving without them. It would not be exaggerating to say that facility management services help an organization in gaining competitive advantage, enhancing productivity and most importantly minimizing your operations expense. Their main function is to optimize an organization’s primary functions and thus provide support for enhancement of core business process. Thus, to avail the above stated advantages, one needs to understand what actually these facility management services are. Common facilities include The general facilities include physical entities such as buildings, complexes, structures or spaces. To be more specific, they can include corporate offices, office buildings, restaurants, bars, movie theaters, banks, hospitals, play grounds, schools, etc. Responsibilities associated with facility management It requires proper management both at strategic and operational levels to maintain a facility properly. Hence the responsibilities associated with facilities management cover wide areas of business functions, such as: •Maintenance of furniture and electronic appliances (like lighting systems, HVAC systems and others) •Space utilization, interior designing etc. •Conducting inspections, approvals and payment of associated fees and costs •Safety and security •Overall cleanliness of the organization •Maintenance of expense records •Maintaining stable financial position of the organization •Check if the activities of business are in compliance with Federal, State and Local laws regarding zoning, reporting of income, operation of a business and employee practices Different businesses – different needs Though there are few needs which are common to every facility or business, there are many specific needs, unique to each business. Let us learn about some specific facility needs, which are unique to each business. •Real estate – Employing skilled labor, acquiring good suppliers, reducing material costs •Retail and shopping malls – Infrastructure management, power management, safety issues, dusting, cleaning and other miscellaneous needs •Offices – Building and ground management, maintenance of building, furniture & furnishings, interior decoration services etc. •Sports complexes – Maintenance of sports complex, equipment, necessary preparation for practice sessions and competitions (marking up sports fields, setting up of equipment, bleachers, chairs, etc. ) and security •Schools – Maintenance of playgrounds, landscaping, toilet cleaning, lighting, acoustics, furniture, transportation, food services, cleaning, etc. •Hospitals – Improving procurement of drug supplies, equipment, clinical units, etc. ; building maintenance, waste management and pest control Business owners outsourcing FM tasks to specialized companies Many businesses these days are keen on outsourcing their facilities management tasks to specialized facilities management companies. These companies design their roles and responsibilities to fulfill distinctive needs of the specific businesses. The main reasons for businesses opting for these services are to reduce costs, need for skilled professionals or equipment and to reduce in-house staff. Benefits provided by specialized facility management services Facilities management services have been very successful and are rapidly gaining importance in every business. This is due to their effective performance, which assures significant benefits for the businesses. Specialized facilities management service providers bring in many benefits such as increased productivity, enable businesses to focus on core functions, optimum utilization of resources, reduction in costs, flexibility in business processes, expert assistance, better services, management of data using business intelligence which facilitates effective decision making, compliance to agreements, laws and contracts; project enhancement, improved customer satisfaction and brand loyalty, etc. Facilities management service is business friendly, which helps a business in effective functioning. Its role in the overall performance of a business is very valuable. Facilities management services not only enhance productivity of a business, but also create a value for it in the market by increasing the customer value.
When the word career comes to anyone’s mind, they tend to think differently and the perception about career is different for different people. Even scholars and researchers define the term differently. In normal sense, career is used to describe a sequence of related jobs that a person takes up during his/her tenure. Researchers Greenhaus and Schein came up with good definitions for the word career in a technical sense saying, “the pattern of work related experiences that span the course of a person’s life. ” An individual and an organization have interests in an individual’s career and both parties may take actions to influence that career. These set of related activities are referred to as career planning and career management. Career Management can be defined as an ongoing process of preparing, implementing and monitoring career plans undertaken by the individual alone or in concert with the organization’s career systems. It may include activities that help the individual develop and carryout career plans, but the focus is on taking actions that the organization’s anticipated HR needs will be met. At its most extreme, career management is largely an activity carried out by the organization. An example of such an activity is succession planning, which is typically carried out by senior management to determine which employees can and should be prepared to replace people in positions of greater responsibility. Typically, career management revolves around the employee’s role, the organization’s role and the goals of both the individual and the organization. The organization’s role is to establish a favorable context. The management of an organization does this by providing management support, providing collaboration between line managers and HR managers, training management personnel and setting goals which include planning human resources strategy, changing HR policies as and when required, providing for job rotation, providing outplacement service, announcing the program and explaining its philosophy to the employees. Successful Career management practices include: Placing clear expectations on employees. Giving the employees the opportunity for transfer. Providing a clear and thorough succession plan. Encouraging performance through rewards and recognition. Giving employees the time and resources they need to consider short and long term career goals. Encouraging employees to continually assess their skills and career direction. Career opportunities and requirements for a particular job include Competency Analysis: Competency analysis measures three basic competencies for each job: know how, problem solving and accountability. Job Progressions: The hierarchy of jobs a new employee might experience, ranging from starting a job to jobs that require more knowledge and/ or skill. Career Paths: Career paths include the lines or ways for advancement in an occupational field within an organization. There are a lot of possibilities in career paths like promotion, transfer, demotion or exit. Promotion: A promotion can be defined as a change of assignment to a job at a higher level in the organization. Principal criteria for determining promotions are merit, seniority and potential. Transfer: The placement of an individual in another job for which the duties, responsibilities, status and remuneration are approximately equal to those of the previous job. Demotion: Demotion is defined as the downgrading of work. An employee who was given greater responsibility, after demotion will be given lower level in the organization. Exit: an employee who quits the organization is defined as exiting. A career span of a person is divided into 5 stages based on the age of the person. Stage 1 Preparation for work (ages 0-25): Develop occupational self-image, assess alternative occupations, develop initial occupational choice, pursuing necessary education. Stage2 Organizational entry (ages 18-25): Obtaining job offers from desired organization(s), select appropriate job based on complete and accurate information. Stage 3 Early Career (ages 25-40): Learn job, learn organizational rules and norms, fit into chosen occupation and organization, increase competence, pursue goals. Stage 4 Midcareer (ages 40-55): Reappraise early career and early adulthood goals, reaffirm or modify goals, make choices appropriate to middle adult years, remain productive. Stage 5 Late Career (ages 55-retirement): Remain productive in work, maintain self-esteem and prepare for retirement. Often employees want to change job because of one reason which is career plateau. A career plateau is a situation where the probability of moving up the career ladder is rather low. The types of plateaus that have been observed include: Structural Plateau: Structural Plateau is defined as a situation where the chance of advancement is very low or there is no advancement at all. Content Plateau: Content Plateau is defined as the situation where the job is no longer any challenging. This is also a demotivating factor for many employees. People want jobs that are challenging. Life Plateau: Life Plateau is a situation where there is a danger of crisis of personal identity. Every person is unique and the uniqueness is especially seen in someone’s work. An organization is a good place to improve the individuality and self-esteem of a person. If the job is threatening to endanger the personal identity of a person, then this paves the way for life plateau.
When buying investment property abroad, you should always take your time to research your options, and the property market, and get some advice from independent experts. Buying a property overseas is a very exciting prospect but never rush the decision. Here are some of our tips that can enable you to choose a successful and high-yielding overseas investment property. 1. Define Your Motives and Think About your Exit Strategy – Before buying an overseas property, you should always think about your aims and potential exit strategy. What is the purpose of the property? Do you want to purchase a buy to let property, or are you looking for quick or future resale? Do you want to use the property as a second home as well? 2. Research Overseas Locations- If you don’t yet know where you want to buy an investment property, you should research overseas property markets and explore their respective benefits and disadvantages. Focus on up-and-coming areas, that also have future potential. Buying in the most fashionable locations in Spain and France might mean less property appreciation in the future, while buying in Turkey or Bulgaria, where property prices are still low might be more profitable in the long term. Below market value properties, combined with potential economic growth in the future also represent good investment opportunities. The recent economic downturn in the US for example offers unique property investment opportunities. 3. Get specialist property advice – Investors who take time to choose a reliable overseas property agent will have fewer problems and can significantly lower their costs. Research the company you’ve chosen and dig around for the company’s track record and testimonials. You should also seek independent advice from lawyers, who will be able to protect your rights and inform you about any potential problems. 4. Do the numbers – Buy an investment property that you can afford and think about any future expenses. If you are getting a mortgage, your repayments will last for years, which could become a significant burden. Think about possible exchange rate fluctuations that can substantially affect the value of your property, and any mortgage repayments. Consider any additional expenses and taxes you will have to pay, as the costs of purchasing a property abroad can be higher than in the UK. 5. Research the property location – Buying investment property abroad can be risky as you might not always see the property before purchasing it, and travel costs can mean further expenses. Always try to visit the property before investing, or at least ask for the advice of people living in that area. Even if your primary aim is not to rent out the property, you will need to assess the attractiveness of the property, proximity to local amenities and the economic and political stability of the location.
The impact of global recession on the computer hardware companies is left behind and they are back on the progress track. It seems that the forecasts that were made before recession are going to turn true. Different segments of the computer hardware industry are growing with improvement in their design and functionality and rise in their demand. Not only the big computer hardware manufacturers, but the small and medium sized enterprises too are making big contributions towards the industry growth at a global level. Below you can find few sections that analyze the growth of computer hardware industry segments in different countries. Before that, here is a list of the main segments of the computer hardware industry: Finished goods like computers and laptops. Networking hardware consisting of routers, modems, network cards, network adapters, hubs and switches and other components. Storage hardware ranging from the hard disks to the USB storage devices. Input and output peripherals like keyboard, mouse, scanners, video cards, speakers, headphones, game controllers and so on. System hardware consisting of motherboards, UPS, monitors and other components. Personal Computer Market In 2008, the global PC market generated the revenue of $203. 7 billion that represented the compound annual growth rate of 8 percent from 2004 to 2008. The PC market in China had total worth of $21. 8 billion in 2008 representing the total compound annual growth rate of over 14 percent. The United States PC market generated $50. 6 billion in 2008 showing 3. 8 percent compound annual growth rate. An impressive growth of 42 percent was shown by the PC sales between October and December 2009 in the Indian market. The 52 percent of the desktops sold were contributed by the multinational computer hardware companies and 13 percent by the Indian computer hardware manufacturers. The remaining 35 percent consisted of assembled desktops. Growth of Other Segments From October to December 2009, the Indian computer hardware market witnessed the 70 percent growth of laser printers. The dot matrix printers grew by 13 percent while the inkjet printers grew by 17 percent over the same period in India. The UPS market too recorded the growth rate of 28 percent during the period. In Chin, the total revenue generated from the networking hardware was $4. 8 billion in 2008. For the same year, the network hardware growth in the United States was $23 billion. The total revenue for the global network hardware market in 2008 was $112. 8 billion. Also, the global storage hardware and peripheral market recorded the revenue of $160. 3 billion in 2008. The Future Trends Going by the latest growth rate, the global computer hardware market is expected to attain the worth of $537. 3 billion by 2012. The computer hardware manufacturers have started following the concept of green computer hardware manufacturing and this is further going to add to the profits of the computer hardware companies. The small and medium sized computer hardware manufacturers from the developing countries like India have a great future in the computer hardware components. They along with the major players are going to take the computer hardware industry to a new level in the nearby future.
During global economic crisis, which have not yet arrived at its heights, people worldwide anxiously think how to safeguard their assets from the potential political and financial discord. Some people plan to gain second citizenship. If you are the one among such people then this is the right time to think about it and work to gain it. You have an option to spend funds for something worthful or lose them in the inflation. St. Kitts economic citizenship is a real estate program run by the government of St. Kitts and Nevis that offer more choices to people in terms of locating their funds at one safest place. When you invest in this economic program, you will be granted with the citizenship of a nice landscape and passport of an interactive country simultaneously. St. Kitts is a small Island nation in the Caribbean Basin, featuring a luxuriant tropical landscape associated with sunlight, sea air, beaches, striking scenery, lush vegetarian, rich culture and interactive environment. Established in 1984, St. Kitts citizenship program is the oldest and most honorable program of this kind in the world. Though the government looks for foreign investors of good character, any person can apply for the program and may be granted with status of St. Kitts citizen, if he/she have invested substantially in the country real estate and have met other requirements. Generally there are two ways to qualify for the citizenship program – direct investment in the real estate and/or cash donation to the Sugar Industry Diversification Foundation (SIDF). SIDF option needs an investment of $200, 000 – $400, 000 and it depends on the number of applicants in a family. This amount includes all registration and due diligence fees however, you have to additionally pay the promoting agent’s service and legal fees. Under direct investment, the amount starts with $350, 000. For spouse and children, the amount goes up to $15, 000 per person. Apart from this, you need to pay the extra fees related with the purchase of the land including real estate closing, tax on the land and property, insurance, etc. If you are seeking an alternative for your current passport, which should be safe and comfortable then St. Kitts & Nevis would be the perfect option. The country possesses a respectable international image and offers many benefits that impart to your business and personal freedom. With this country passport, you can travel to many foreign counties without visa.