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No Fax Payday Loans Make Your Life Easier And Hassle Free.

We all know how difficult it is for a salaried employee to get a loan. And, above all if there are no securities to be given, the going gets tough. For salaried employees money is received only at the end of the month. But in case, there is an emergency and there arises a sudden need of cash, one can do nothing but wait. Times have changed considerably and moneylenders have introduced no fax payday loans facility for fulfilling loan seekers instant cash demands.

As the name suggest that payday loans are loans issued by banks for short period of time (in between paydays) to conquer the cash shortage. All one had to do was fax all the information to the money lending firm and the loan would get approved instantly making the flow of money speedy. This time the banks have improved the policies and introduced no fax payday loans which are loans that do not require you to fax information. This saved a lot of hassles, as no one has the time to go faxing a lot of documents.

Payday loans are not only easier for employees but also better for banks as they are sure that the loan would be repaid. The time period is also less, about a month or so which makes the banks lower the rates and give more freedom to borrowers to make payments.

The borrower who is also the employee should first analyze all the no fax payday loans schemes available with various banks online and comparing the interest rates, the terms and conditions, and the time duration of approval of loan and money transfer. Loan seeker should consult kith and kin who have availed this loan service so as to have clear perspective beforehand.

Time is very important factor in no fax payday loans. Since they are needed urgently so sometimes the time factor exceeds the interest rate too. Loan application here does not mean that one has to go to the nearest branch of the bank and wait in line for their turn. Instead it is an instant loan application form that is filled online and is approved instantly as soon as completed. This makes the entire procedure faster and quicker.

Once the bank receives a mail with all the relevant personal and professional details of the loan seeker, the information would be verified on a phone call from bank .Some money landing banks do go into analyzing of the information with the data base present with the bank and cross check the referral.

If the borrower is a regular customer then the procedure becomes even faster. But if the borrow is new then the bank checks the credit standing of not only the employee but the employer also. Generally the banks are lenient in giving no fax payday loans as the salaried employees are granted to payback the loans on time. In case of default the banks can always deduct the amount from the salary of the employee or keep adding interest and increasing the total amount due. The money is either wired or sent by post once the loan gets approved.

Author: Amelia Dixon
Source: articlerich.com

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Trademarks – A Quick Introduction

With the combined advent of the internet/dot-com boom and the prevailing trend of individuals going into business for themselves, the focus and importance surrounding intellectual property has been in the forefront of the minds of entrepreneurs, artists, inventors and anyone wanting to protect the fruits of their labors.
Because intellectual property and the laws therewith can change as rapidly as our ever-increasing technological world, it is imperative that when doing research on these topics to use accredited resources – contact either the appropriate governmental agencies, attorneys or private companies that specialize in these topics.
TRADEMARKS :
Trademarks are frequently thought of as those items that identify either a product or a service. This can include names of services (e.g. McDonald’s ฎ for restaurant services) or products (e.g. Coca-Cola ฎ for soft drinks), logos (e.g. Nike’s ฎ swoosh design), slogans (e.g. American Express’ ฎ Don’t Leave Home Without It ฎ), packaging, sounds and smells.
There are over 2,500,000 Trademarks, and over 16,000,000 commercial Common Law trade names in use! An existing Federal Trademark, State Trademark or commercial Common Law use can take precedence over your new business or product name, IF there is a conflict or similarity in sound, appearance or meaning!
SIMILARITIES IN SOUND, APPEARANCE & MEANING:
What exactly is a similarity in Sound, Appearance or Meaning? This is the most complex portion of any legal name research. In order to determine what may or may not be a similarity, one has to be as open minded as possible to include any & all variations that could possibly confuse the common consumer. Some examples may help with this:

Joe has a pending Federal trademark for his auto detailing service called It’s in the Details. Becky wants to call her new auto detailing service, It is the Details. They are both offering the same service and their trade areas cross. This is a Strong Similarity, based on Sound & Appearance, their crossing of trade areas & Joe’s pending Federal application.
Mary has a Federally registered trademark for her clothing line, Scary Mary’s Apparel. Dan wants to use the name Mary Frightful Wear for his clothing line. This is a Strong Similarity, based on Meaning & Mary’s Federal registration.
Sam has a California state registered trademark for his restaurant, Crabtastic Eats! and has no plans to expand outside of the state and primarily serves locals. Hannah’s restaurant, Crabtastic, is located in Maine. She also has no plans to expand outside of the state and primarily serves locals. This is NOT a Strong Similarity based on their different trade areas.
Lorena’s online payroll service, Pay Up, has been in use for 15 years and has clients across the country. Gene wants to start an online payroll service called Wage Wizard. Neither of them have trademarks. This is NOT a Strong Similarity based on the dissimilarity in the names.

No claim is made to the ownership, knowledge or liability of the above personal and/or company names. The above examples are merely for informational purposes and should only be seen as such.
Naturally, there will be exceptions to every situation. For instance, similar trademarks (in name and goods/services) can coexist peacefully if both parties are comfortable with one another’s existence. This can happen if trade areas do not cross (e.g. located on opposite coasts), if they appeal to different consumers (e.g. one sells to private industry while the other sells to the general public), etc.
FAMOUS TRADEMARKS:
Trademarks that are famous are afforded slightly different protection based on the very nature of their recognizability. Simply, the argument for famous marks is that since their brand name is recognized by a vast majority of consumers, any marks similar to it, even in different industries, could be construed as an infringement. The main justification for this is if “the owner of a famous mark shall be entitled, subject to the principles of equity and upon such terms as the court deems reasonable, to an injunction against another person’s commercial use in commerce of a mark or trade name, if such use begins after the mark has become famous and causes dilution of the distinctive quality of the mark.”
Of course, like with all trademark issues, there are gray areas. Each potential infringement is taken on a case by case basis. Not all cases end up favoring large corporations either. Take the famous case of Victor’s Secret & Victoria’s Secret (Moseley et. al. d/b/a Victor’s Little Secret v. V Secret Catalogue, Inc., et al.), in which the smaller company won their case.
The best route to take if there is a possibility of an infringement, famous mark or not, is to speak to a trademark attorney. She will assist you in determining what the next best step is as well as offer assistance with any preparation and filing of documents.
SUMMARY:
While trademark law can be intimidating to the uninitiated, obtaining the help of a trademark attorney or an experienced private company will make the entire process go much smoother. There are preliminary steps one can do when starting a business and/or renaming a business:

Choose a name that is unique & distinctive – generic or descriptive names are not generally allowed registration by the USPTO and are more difficult to enforce.
Do as much free research as you can before hiring an attorney or a private company. Check the internet, yellow pages, domain names & the USPTO.
Be aware that any research you do for free online is merely preliminary and only comprehensive research will tell if the name is available.
Once you receive the trademark, it is your responsibility to enforce your trademark rights. To do this, either have research conducted every 2-3 years OR hire a monitoring service.
Link to Above Quote
Shannon Moore is the General Manager, East Coast for TradeMark Express. Since 1992, TradeMark Express has met the needs of their clients with comprehensive research, application preparation, attorney referrals and trademark consultation. For further details, please visit us on the web at http://www.tmexpress.com.

Author: Shannon Moore
Source: articleage.com

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Payroll Processing Does Not Have to Be a Headache

In today’s fast-paced markets, any time spent abroad from your primary business ability is time abroad from barter and accouterment casework they need. Amount processing is a part of the top things that business owners acquisition themselves absent from active their business or searching for new customers.

Company amount is one of the a lot of time-consuming processes if done centralized and requires accomplishing it on a bi-weekly or account basis. Furthermore, amount software needs to be kept abreast and training is capital to get the job done. This is actual important as governments accept a addiction of alteration amount accompanying laws and regulations annually.

To this extent, a accomplished industry exists about amount processing. This can in fact be a absolution in beard for a baby business owner. How? By outsourcing amount to a reliable amount accounting company, a baby business buyer can about annihilate errors, enhance their all-embracing business performance, and absorb top talent.

Choosing the appropriate amount accounting casework aggregation is actual important. What are some of the things to accede afore outsourcing your payroll? First of all, is the aggregation reputable. What are their added clients. Ask for referrals and testimonials. Next, how big is the aggregation and how abounding audience do they handle monthly. Are they able to yield on added clients? You wish a amount aggregation that will yield your accounting actively and be able to address acceptable assets to your payroll.

Payroll processing does not charge to be a headache. Once you acquisition a amount aggregation that you feel adequate with and body a accord with, again your amount worries will dissipate. You again will be able to focus on the absolute aspect of your business, carrying superior articles and casework to your clients. The Internet has a abundance of advice to advice you. Why not alpha by appointment Aggregation Amount today?

Author: Tom Klos
Source: ezinearticles.com

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Time and Attendance Systems – Helping Organizations to Increase Efficiency

It the highly competitive market, it is very important for business organizations to make optimum use of the available resources and increase the productivity. The time and attendance software is an essential workforce management tool which helps an organization to make optimum use of the most important resources of an organization, i.e, human resources. Keeping a track of the time and attendance of employees is not a new practice for organizations. Earlier manual methods were used to keep a track on the performance and attendance of employees. Maintaining records manually was not only a time consuming and tiring job, but the records also had a number of errors. Above all it led to wastage of labor. Since the manually maintained records were not accurate, workforce planning could not be done efficiently by the organizations. Lack of accurate records also made it difficult for managements to determine the overtime worked by employees, their productivity and their performance. This not only made businesses undergo loses, but also led to employee dissatisfaction, which further hampered the productivity. The need and demand for efficient workforce planning and management tools, led to the development of several solutions such as time-attendance software, rostering and scheduling, payroll software etc. Among all these, the time and attendance and absence tracking software are most widely used by organizations of different sizes and from numerous sectors. The absence management and time and attendance solutions are more than simple programs which help organizations to maintain regular and flawless records of time spent in work by an employee. With these solutions, organizations can keep a track on the performance of employees and calculate the actual extra hours worked by them and their efficiency. Therefore, managements no more have to deal with over- or under-payments problems. The possibility of presence of human errors and miscalculations of payroll are also eliminated. The latest workforce management solutions available in the market are the tracking systems which run on biometrics. These are expensive and high end solutions. These solutions work on personal identification systems such as iris recognition, finger recognition etc. Theses solutions specially eliminate the possibility of dishonesty and inaccuracy in the employee time and attendance records. The different workforce management systems are crucial and essential tools for ensuring the smooth functioning of a business. For the small and medium sized organizations, there are several time and attendance tracking solutions available in surprisingly affordable prices and are functional as well. Therefore, now there are workforce management solutions available for one and all.

Author: Arkadin
Source: articlesbase.com

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Taking Control Of Your Financial Life

Wouldn’t it be nice to feel less stressed about your finances? It’s a goal that many people share. Money can cause stress in a variety of ways: the hassle of cashing a paycheck, the worry about bills being paid on time, the danger of losing a wallet full of cash.

Taking control of your financial life can enable you to better budget and plan ahead for life’s big expenses and ultimately reduce financial stress. Setting priorities can inspire you to take control of unnecessary spending and set you on track to achieve your financial goals.

Consumers have increasingly embraced payment cards-including credit, debit and prepaid cards -to assist with money management. Bank-issued prepaid payment cards, such as the Visa prepaid card, are the most recent addition to the payment card family and provide convenient, speedy, secure ways to receive a salary, make payments and track spending-all without the need for a traditional bank account.

Money Management Tools To Empower You

Here are some tips on how you can use a prepaid card to streamline your finances, save money and, ultimately, give you greater control of your financial life:

• Switch to paperless payroll. Sick of wasting time waiting in line to cash your check on payday? Ask your employer about Visa Payroll cards, a prepaid option that lets you make everyday purchases and payments electronically, online or over the phone, and even obtain cash at ATMs.

Alternatively, you can set up a direct deposit into a prepaid card account or visit your local bank to load funds directly into your account. You’ll save time, avoid check-cashing fees and get faster access to your cash.

• Build an accurate budget. Begin by tallying up fixed expenses such as rent, utilities, transportation. Then estimate what you spend each month on items such as food, entertainment, clothing and gifts. Not sure where your money is going? Pay for goods and services with your prepaid card and receive a monthly statement online or in the mail, making it easy to track your spending.

• Cut your losses. Cash is so easy to lose. Visa Prepaid cards are covered by Visa’s Zero Liability, which means that if they are lost or stolen, the money on the card is still yours*.

• Increase your flexibility. Unlike a check or cash, prepaid cards give you the flexibility to make a purchase over the Internet or by phone. In some cases, products and services such as airline tickets can be cheaper if purchased online. By carrying a prepaid card, you have even greater flexibility and another way to save money.

• Develop good spending habits. Prepaid card transactions, just like checks, are drawn against the money you already have on the card. It’s not a temporary loan from the bank to be repaid later, so it’s a good reminder to live within your means and spend responsibly.

Author: Stacey Moore
Source: articledashboard.com

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Employee Salary Surveys

Employee salary surveys are conducted by organizations to determine the latest trends in salary and compensation. This is very useful, since companies can set their own salaries on the basis of these results. This would enable the company to attract as well as retain the most talented people in the industry.
Companies as such do not undertake comprehensive salary surveys. They use the survey results of special organizations that conduct these surveys. There are many organizations that provide professional employee salary survey services. These companies not only offer salary structures for different kinds of jobs, but also provide additional information services like cost-of-living comparisons, employee relocation allowances, geographic reference reports, compensation reports, job analysis reports, salary structure analysis and so on. Specific salary reports such as executive compensation, non-profit executive salaries, charity executive salaries, college graduate salaries, salary increase reports, are also accessible.
Globalization has made the employee salary surveys even more significant, as the salary trends in different parts of the world have to be analyzed to arrive at the right figures. Some salary survey consultants even provide salary comparisons for over 1,000,000 jobs in around 200 countries. The reports are also categorized on the basis of the industry. These companies use highly reliable international data and sophisticated statistical techniques in these employee salary survey reports.
Another kind of employee salary survey is the personal salary report that determines whether a person is getting the right kind of salary for the job he/she is doing, and experience and education level. Salary comparisons to check with the current competitive labor market rates can also be done. Most of these tools are also available online and can be purchased at exclusive websites. The software needs a minimum system configuration of 32 MB RAM and a 150 MHz processor speed.
Employee Surveys provides detailed information on Employee Surveys, Employee Satisfaction Surveys, Employee Exit Surveys, Employee Attitude Surveys and more. Employee Surveys is affiliated with Online Surveys.
Article Source: http://EzineArticles.com/?expert=Eric_Morris

Author: Eric Morris
Source: articleage.com

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Adoption and the Workplace

Barb and Maxine work for a large corporation whose profit for the last quarter was $400 million. Both women are new moms, currently at home caring for their children. Barb will be at home for 52 weeks and will receive 85% of her regular salary. Maxine, on the other hand, is able to stay home for only 35 weeks during which she receives 55% of her usual salary. What’s the difference? Barb is a biological mother; Maxine is an adoptive mother.

Both the Federal Government and the employer are treating these women differently, based on the way they have chosen to build their families. Their employer, like many organizations, “tops up” the payments received from Employment Insurance so that employees receive full (or near full) salaries while they are off work. In Maxine’s case, however, their employer does not extend the benefit to adoptive parents.

The Federal Government pays Employment Insurance (EI) benefits to provide financial assistance to new parents (currently 55% of average insurable earnings to a maximum of $413 / week). Maternity benefits are payable to biological mothers for a maximum of 15 weeks. Parental benefits are payable to parents (biological or adoptive) for a maximum of 35 weeks. Thus biological parents are eligible for 50 weeks of employment insurance while adoptive parents hit the maximum at only 35 weeks. One adoptive parent is mounting a Charter of Rights challenge on this very issue in the E.I. Legislation.

Biological parents are provided with EI benefits over a one- year period comprised of:

a) 2 week disqualification period (i.e. no EI payments) and

b) 15 weeks of maternity benefits; and

c) 35 weeks of parental benefits

Total: 52 weeks

Many employers also pay top-up wage compensation to their employees for the two-week E.I. disqualification period by topping up their wage to between 85% and 100% of their normal salary (i.e. the employer pays all of this benefit during the first two weeks). For the next 15 weeks, the top-up reduces by the amount of the E.I. maternity benefits (described above). Some employers also top-up the employees’ salary for the full 35 weeks of parental benefits as well.

As a result of complaints we received about how adopting parents were treated in the workplace, Sunrise conducted a limited and informal poll of its clients to see how widespread the differential treatment of adoptive and biological parents by employers is, and we were stunned by the responses. Many of our clients reported situations in which a biological parent receives top up payments, while an adoptive parent is refused. Here are some examples of what we heard:

Government of British Columbia: The B.C. Provincial Government is one of least discriminatory employers we heard about. It offers a top-up to both biological and adoptive parents (to its unionized and non-unionized employees.) It also offers adoptive parents a ” Pre-Placement Adoptive Leave.” This leave allows adoptive parents to attend pre-placement visits for their homestudy or to complete legal requirements for the adoption while collecting 85% of their regular salary.

Government of Canada: A federal civil servant, who is an adoptive parent, received 93% of her wage by top-up for 37 weeks. The real irony is that the Federal Government treats its adoptive parent employees better than most employers do, but discriminates against all adoptive parents with its EI policy!

Police: The RCMP (a federal government employer) offers both adopting and biological parents the top-up for 37 weeks. Other police forces in British Columbia (Municipal forces) generally do not pay the top-up to adoptive parents. (The municipal public force in Saanich, B.C., however, does pay the top-up for 37 weeks).

Municipalities: One adopting parent reported that the Municipality she worked for finally gave her the top-up right after she filed a complaint with the Human Rights Commission.

Hospitals: Regional Health Districts are the employer for nurses in British Columbia. One adoptive parent reported that in his hospital, biological parents receive a top-up on the EI Maternity Benefit only. No one receives a top-up on the Parental Benefit. Since adoptive parents don’t qualify for maternity benefits, they don’t receive any top-up at all.

Universities: Universities do not seem to take a consistent approach in how they treat their employee parents. Adopting parents employed by universities told us about a wide variety of benefits payable to adopting parents. Often these were inconsistent, unusual, and at times discriminatory.

At the University of British Columbia, adopting parents get topped-up for 12 weeks, while biological mothers receive 20 weeks. At the University of Toronto, adopting parents receive 27 weeks of top-up, and biological mothers receive 3 weeks more. At Capilano College, parents on parental leave are topped-up to 80% of salary, and for parents on maternity leave to 90% of salary.

Professors at Simon Fraser University are the only employees we found who were treated absolutely identically whether they were biological or adoptive parents. To do this, the maternity benefits not paid to adoptive parents by EI are covered by the university. Kudos to SFU!

Schools: We heard from many teachers across the province. School Districts in British Columbia bargain separately with the teachers’ union (BCTF). As a result, adopting parents (who are also teachers) receive different benefits depending on where they work. For example, Surrey Teachers do receive the top-up of 95% of salary for the first 2 weeks, 70% for next 15 weeks and zero for the balance of parental leave. North Vancouver District teachers receive 95% for the first 2 weeks, but then 70% for only the next 10 weeks (while biological mothers receive it for the next 15 weeks). Most other school districts do not pay top-ups at all to teachers. There is no rational basis for treating teachers, who choose to create their families by adoption, differently. One parent was told that top-ups are not paid to adopting parents because the school district follows “Government of Canada rulings”. This doesn’t accord with our findings; all federal government departments that we heard from do top up adopting parents.

One adopting parent employed by the Coquitlam School Board was recently refused the top-up. When she told her employer that she was filing a complaint with the Human Rights Commission, she immediately received a top-up.

Falling Between the Cracks

Some adopting parents are in a catch-22 situation and the problem may not be resolved until a parent takes action. We heard from several British Columbia parents who reported that employers dodge responsibility by saying it is up to the union to ask for benefits through the collective bargaining process.

One city police department we heard from only offers the top-up to biological parents. A Port Moody police officer said, “I am a union member and was entitled to nothing under the collective agreement. However, we were in the middle of negotiating a new one, and I asked for a provision to be added. I was unsuccessful”.

Pursuant to Labour Relations legislation, unions are required to represent minority interests (like those of adopting parents). Failure to do so can lead to a complaint with the Labour Relations Board. Exercising that legal right against your Union, however, can be a scary prospect.

Another adoptive parent reported:

“I wasn’t sure if there are many others in the same boat as myself, and considering the extremely daunting task of applying for change in our organization (my employer is Vancouver Coastal Health), I have not bothered to try. I would have to put forth a motion to the union (membership = 40,000) and the union would then vote on whether or not to pursue this issue with the Health Authority and ultimately the Government. Another union colleague who adopted several years ago felt the same as I do now.”

Many adopting parents had similar experiences when they approached their union. They were told that nothing could be done. Studies in the USA show that less than 1% of eligible employees receive adoption employment benefits. No wonder adoptive parents can feel lost in big unions!

What Can Be Done?

In a landmark 2002 study, 94% of respondents stated that adopting parents should receive the same benefits in the workplace as biological parents4. It is clear our society feels overwhelmingly that adopting and biological parents should be treated equally.

This doesn’t seem right. Large government employers (such as hospitals, health districts, municipalities and school boards) should not justify continuing to discriminate by claiming that the unions need to ask for it. They should take responsibility and end the discriminatory treatment.

Employers should treat parents equally, whether they give birth or adopt. If an employer pays an E.I. top-up to a biological parent, then the same compensation should be paid to an adopting parent. To not do so is discrimination.

The need for change is apparent and many parents expressed an interest in making that change happen. Unless adopting parents object, this discrimination will not end. One possibility is to file a complaint with the BC Human Rights Tribunal. The most effective solution may be for adoptive parents to lobby their MLAs and MPs for legislative change. How about a law that simply says adopting parents and biological parents must be treated the same in any workplace. (After all 94% of society already thinks this is what should happen)

Talk to your employer and/or your union officials. If your organization tops up biological parents, insist that they treat adoptive parents equally.

Author: Douglas Chalke
Source: ezinearticles.com

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FLS Approved for E-Filing of Employers’ Quarterly Tax Returns

FOR IMMEDIATE RELEASE

CONTACT:
Ken Bell

Paul Rafferty

Federal Liaison Services, Inc.
Holland-McAlister Public Relations, Inc.

Voice: 972.239.8881 x147

Voice: 214.691.3456, ext. 13

Fax: 972.239.9540

Fax: 214.691.3309

kfbell@flsinc.com

paul@hmpr.com

Compliance Leader First to Offer Alternative to Expensive EDI Filing of Payroll Tax Data

Dallas, January 10, 2001 – Employers will soon have a new affordable tool for electronic filing of quarterly payroll tax data with the IRS. Federal Liaison Services, Inc. (FLS), the leader in employer compliance automation, is the first tax processor approved by the IRS for non-EDI e-filing of employers’ quarterly payroll tax returns.

The new FLS e-filing module exports payroll data as flat ASCII files, which are far cheaper and easier to produce than Electronic Data Interchange (EDI) files. Companies are looking for an alternative to EDI because EDI translation software for payroll tax compliance is very costly to build and maintain.

Companies using the client-server version of the FLS Payroll Tax System will receive the new e-filing module with their regular software updates early this year. E-filing using FLS Employer’s Direct Pay.COMpliance (eDP.COMpliance) Web-based browser software will be available later in 2001.

“Small and mid-size service bureaus are very interested in using ASCII files for e-filing with the IRS, and we can now offer them a fast, affordable solution,” said Fran Bartlett, Founder and President of FLS. FLS Payroll Tax System users include more than 425 of the 1000 largest U.S. corporations.

FLS was the first company to participate in the IRS pilot program to develop and test non-EDI software. Employers register with the IRS to file electronically, and receive a Personal Identification Number (PIN) and password. Payroll tax data is then transmitted by modem, eliminating the need to file a paper return. The IRS wants 80% of the nation’s 6 million employers to file all their tax returns electronically by 2007.

About Federal Liaison Services, Inc.

FLS is the leading provider of software solutions and services to employers for government reporting and compliance. FLS solutions automate payroll tax payments and filings, wage garnishment processing, and year-end W-2 and 1099 processing. Applications are Web- and client/server-based, and are scalable to enterprises of all sizes. FLS clients include more than 400 members of the Fortune 1000, as well as several major government agencies. Visit FLS online at http://www.flsinc.com or call 972/239-8881; fax 972/239-9540. The company’s headquarters are located at 12001 N. Central Expressway, Suite 700, Dallas, TX 75243-3715.

Author: Anonymous
Source: free-articles

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Cash Flow Management Made Easy

Small business owners soon learn that Cash Flow and Profit are not one and the same thing. The two may be related but are not always in concert. There can be high profits reported during a period of extremely tight cash flow and low profits reported during a cash rich period.
Profitability is based on invoicing and the relationship of costs, either expended or accrued, to those sales. The actual payment of expenses or receipt of invoice payments can, and often do, occur in periods different that when the sales occurred, so that cash flow can be widely different from reported profit in any period.
Cash Flow is based on changes in cash balance and can be affected by changes in assets that don’t affect profitability. Allowing inventories to build or accounts receivable to go uncollected and grow can have a tremendous cash draining effect on the business. In effect you are converting cash to an investment in these other assets.
During a period of strong growth even a very profitable business can (and usually will) experience cash flow problems. Therefore, corporate growth or sales success should not be viewed as a reason to stop performing a cash flow forecast. On the contrary, it is more important, even critical, that management has access to timely cash management information during growth periods.
Just as many businesses have succumbed to poor cash management as have been adversely affected by bad profitability. It is imperative, therefore, that cash be monitored and managed efficiently, separate and apart from budgeting and auditing of profit performance.
There are two types of cash flow forecasting that can be done: short term and long term. We focus in this article on short term forecasting only.
What a Cash Flow Forecast Is and Does
A cash flow projection is a forecast of anticipated cash expenditures and receipts over a time span. Typically for short term forecasting the time period is expressed in weeks and covers a projection of 4 to 8 weeks out. As a minimum, the cash flow forecast should take into consideration the following possibilities:
CASH RECEIVED (each week):

Cash Balance Day1, Week 1

Cash Sales

Accounts Receivable Payments

Draw from Line of Credit

Loan Proceeds or Stockholder Funding

Miscellaneous Income

CASH EXPENDITURES – Recurring Expenditures

Payroll

Payroll Taxes & Fees

Rent/Mortgage

Utilities (Gas & Electric, Water/Sewer/Trash)

Telephone (Office, Cell, Pagers/Answering Services)

Computer Services (Internet, Maintenance, Equipment Lease)

Other Equipment Leases or Loan Payments

Vehicle Lease and Loan Payments

Insurance (Health, Business, Life, Property)

Loan Paybacks

CASH EXPENDITURES – Accounts Payable

Vendor Payments for Merchandise (by Invoice)

Vendor Payments for Services (by Invoice)

All Other Non-Recurring Payments
You can devise a spreadsheet that accounts for all these items or purchase a pre-designed system that automates the forecasting process and tracks payments, including the ability to adjust receipt and payment dates quickly and easily. One such system is available at the reference given at the Bio at the end of this article.
The goal of cash flow forecasting is to determine deficiencies or excesses in cash position that may occur in the business during the periods for which the projection is prepared. In the event projected cash balance goes negative or below a safety factor, financial plans must be altered, either to provide more cash through aggressive collections, loans, draws on lines of credit, increased (cash) sales, and/or delaying payments as necessary, until a proper cash balance is reached.
If excessive cash is projected, it may indicate idle money that could be put to other possible uses such as prepaying expenses or for investment into short-term money market instruments.
The objective is to develop a plan that, if followed, will provide a well-managed flow of cash and its efficient, optimum use.
Robert A. Normand is Executive Director of the Institute for Small Business Management (http://www.isbminc.com) and author of “Entreprenewal!, The Six Step Recovery Program for Small Business” (http://www.entreprenewal.com). Mr. Normand has served as principal management consultant for more than 100 businesses ranging from $500,000 to $50,000,000 in annual sales and has owned and operated several small businesses of his own in diverse industries. Mr. Normand’s small business philosophy is premised on the belief that small business management skills can be developed by busy entrepreneurs using readily available information, tools and procedures not found in business schools or formal degree programs. He can be reached by telephone at 941-330-0889 or by mail at 3751 Almeria Avenue, Suite A4, Sarasota, Florida 34239.

Author: Bob Normand
Source: download

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Training Pharmacy Tech – What You Are in For?

Get the Right Training – Pharmacy Tech Field is a Hot One

Learning about the latest in vitamin and mineral supplements as well as prescription medications can be quite an interesting challenge. If you are up for it and enjoy working with people, becoming a pharmacy tech could be the right move for you career-wise. You would get to work with pharmacists and other medical personnel, depending on where the job may be. Add the fact that pharmacy technician jobs are on the rise and you have a plenty of opportunities ahead.

Training and Requirements

While some places may offer on-the-job training, most states mandate that pharmacy techs need special certification or training from an accredited school or program. For the right training, pharmacy tech programs can be found through post-secondary technical schools, special university programs and local junior or community colleges.

Because this career avenue is considered vocational training, you can be ready for a new career as a pharmacy tech in about nine months to a year. In order to become one, you cannot have been convicted of a felony or have prior drug or substance abuse.

Typical Work Duties

Pharmacy technicians assist Pharmacists by creating medication labels, count pills for filling prescriptions, describe drug interactions and instructions for customers, and even mix medication when necessary. Regular administrative duties are also needed such as retail sales, answering phones, corresponding with doctor offices and handling insurance companies and claims.

Great attention to detail is a must when dealing with prescription medications. Basic filing procedures and computer basics are important skills to have too. A background in chemistry or previous experience working in a medical or clinical setting is advantageous.

Salary and Work Environment

For most training, these programs focus on work in the retail or hospital sector. Most pharmacies are considered retail establishments but there is a growing need in hospitals and even nursing or retirement facilities. The typical starting salary for a pharmacy technician is around $10 an hour although this may vary according to where you live. The average median salary is $12-$14 an hour and the high end of the scale is $16-$18 an hour.

With just training from an accredited program, you will likely earn the lower end of the scale. However, if you study for certification, you can easily increase your pay. With flexible shift work, you can easily balance working as a pharmacy technician with other things in life and earn a good salary as well.

Author: Amanda Smithsin
Source: ezinearticles.com

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