Owner: CASHSPEAK URL:http://cashspeak.blogspot.com Join Date: Wed, 07 Feb 2007 19:14:09 -0600 Rating:0 Site Description: Money, Ideas, and Motivation for the New Entrepreneur! Visit Cashspeak today and acquire the knowledge necessary to achieve success! Learn tips, strategies, and guidance to accomplish your goals and attain your dreams! Site statistics:Click here
The Corporation 2007-06-13 02:15:00 The corporation is probably the mother of all limited liability entities. The case law is vast and the complexities are many. However, a corporation can be a great business form if you know what the differences between the various corporations are.As I stated in a previous post, corporations are subject to double taxation. A dollar earned by the corporation is taxed once as a corporate earning and then taxed again upon distribution to shareholders. However, this is not true for all types of corporations. An S-corporation (named after sub-chapter S in the relevant IRS code) is a pass-through entity. This means that the corporation is taxed as a partnership. Therefore, no double taxation! Unfortunately, with benefits come disadvantages. I do not have the code book open in front of me, but I think some of these disadvantages include, amongst other things, limitations of the number of investors you can have (I think you can only have seventy-five (75) investors for an S-corporatio Read more:Corporation
Credit Card Advice 2007-06-13 01:21:00 Are you about to obtain you very first shiny, new credit card? There are some dangers about credit cards you need to avoid and some information you need to be aware of. First, make sure that you understand the interest structure. If you are getting your very first credit card, many companies like to suck you in with a zero percent (0%) introductory interest rate. The key word in the last sentence is introductory. This means that the great zero percent interest rate will go way, usually after around six months, and then you will get slammed with an interest rate that hovers somewhere around twenty two percent (22%)! Beware of these traps and make sure you read all the information about a credit card before you sign up. If you feel that you do not have enough information about a particular card, do not get it!Second, do some comparative analysis. Do not blindly pick a card because it looks cool or because you like the picture on the front. This is a marketing strategy to get unw Read more:Credit Card
The Types of Business Organizations Part 2 2007-06-13 01:20:00 The other type of business organization is the limited liability organization. These entities can take many forms. These forms are: (1) a limited liability partnership; (2) a limited liability company; (3) a limited liability limited partnership; and (4) a corporation. Note that there are various forms of corporations (such as an S-corporation, a close corporation, and a closely-held corporation), but these are conversations for another day.Like the unlimited liability entities, these limited liability entities have pros and cons. First, and most obviously, these limited liability companies, as the name suggests, limits your liability. You are liable (some exceptions apply such as piercing the corporate veil) only up to the amount of your investment. Therefore, if you investment two thousand dollars ($2,000) into a corporation, and the company has debts, you are only liable up to your two thousand dollar ($2000) investment.Second, all of these entities, except a corporation, are Read more:Business
, Organizations
Spy Sweeper 2007-06-13 00:54:00 The worst spyware attack I ever had completely crashed my laptop. There I was innocently downloading music files from one of the many file sharing programs on the internet, when, without really noticing at first, my computer froze. Anybody who uses a computer knows that this happens from time to time and usually all you need to do is restart your system. So there I was trying to exit the programs using the famous “ctrl, alt, delete” function when suddenly the wallpaper on my desktop changed. I use a have a great picture of a highly expensive car, but in its place now was a black backdrop with a large yellow exclamation mark down the middle. Over this picture were large red words reading: “your system has been infected with spyware.” I did not know what to do so I restarted my computer. Big mistake! My computer would make the noises like it had started up, but all I got was a blue screen.Needless to say, I had to get my computer fixed. It cost my around $150 bucks and I Read more:Sweeper
, Spy Sweeper
The Types of Business Organizations 2007-06-13 00:53:00 Business entities can be distinguished into two different categories: (1) unlimited liability entities; and (2) limited liability entities. In order for you to have a better understanding of these various entities, this post will be broken into two parts. This part will discuss unlimited liability entities.Unlimited liability entities mean that in the even that you get sued, a claimant has the possibility of recovering against all of your assets. You are not personally protected if you form an unlimited liability entity.Two types of unlimited liability business entities exist: (1) a sole proprietorship; and (2) a general partnership. You may be wondering why somebody would set up one of these entities. If you can be held personally liable for all judgments against your business, what is the advantage of forming one of these? Although a person may be held personally liable, there are some advantages to setting up one of these entities.First, no filing requirements exist with eithe Read more:Business
, Organizations
$7 Million Investment 2007-06-12 11:50:00 Payperpost, the famous get paid to blog site, has just released a press release (copied in its entirety below)that states that Payperpost received an additional seven million dollars ($7,000,000) in capital. This means that Payperpost has raised ten million dollars ($10,000,000) in capital. This definitely puts Payperpost on the map as the industry leader in paid blog advertising. Thus the question arises, what should Payperpost do with this additional seven million dollars?I think that Payperpost should expand. This seven million dollar investment was made for a good reason. The investor expects to get a return of its investment as well as a return on its investment. Bloggers have helped make Payperpost the industry leader. Let us face it, without the demand by bloggers, Payperpost would not have the large amount of opportunities that they have. But now that they have these additional funds, they should seek out new advertisers and thus create new, better, and higher paying op
Article Submission List Part 14 2007-06-12 11:42:00 If you want to add pictures to your article submissions, be aware that not that many article submission sites allow you to do this. As I stated in Part 13, many sites disable html and other programming code in the “body” part of the article. Therefore, a picture code will not appear as a picture. If the site you are submitting to disables code in the body portion, just make a reference to the picture near the relevant information in your article. For example, state, “See picture at www.______.com.” Another way to tackle the problem is to put the picture in your resource box. However, the down side to this is that sites usually allow only two links in a resource box. This means you will have to sacrifice a link to your website in order to install the picture. The choice is up to you.Anyway, here they are:www.articlevillage.comwww.articlevista.comwww.articlewarehouse.comwww.article-warehouse.comwww.articlewell.comwww.articlewiz.comwww.articleworld.comwww.article-world.ne Read more:Article
, Submission
Article Submission List Part 13 2007-06-11 22:19:00 Make sure that you html code is correct. The worst thing you can do is submit all of your articles to all of the sites and then find out that your link is dead. A dead link prevents you from getting backlinks. The various search engines’ (Google, Yahoo, etc.) web-crawlers follows all the links on the pages. How can it follow a link if it is dead? Make sure your links work!Anyway, here they are:www.articlesrus.netwww.articles-submit.comwww.articlestack.comwww.articlestash.comwww.article-store.comwww.articlestreet.comwww.article-submitter.comwww.articlesworld.netwww.articleteller.comwww.articletime.comwww.articletogo.comwww.articletower.comwww.article-treasure.comwww.articletrunk.comwww.articlevenue.com Read more:Article
, Submission
Drug Rehab 2007-06-11 21:53:00 Are you or somebody you love in need of a treatment center? Drug addiction is a very serious problem that can ruin many lives. Admitting that you or a loved one needs treatment is one of the hardest conclusions you are ever going to have to fathom. Once you have concluded that you or a loved one needs help, Stone Hawk treatment center can help. Stone Hawk is known for its Narconon® program and for being the most successful drug treatment center in the country. Stone Hawk has a seventy six percent (76%)+ success rate.You can download the Stone Hawk information packet from its website and find out all the information you need to get help for yourself or a loved one. Do not let drugs ruin any more lives. Change your future or the future of a loved one today. Read more:Rehab
, Drug Rehab
Article Submission List Part 12 2007-06-11 21:48:00 Upon submitting your articles, make sure that you put your links in the appropriate resource box. Many sites disable html code in the article body. If you try to put a link in this part, your article will most likely be rejected. Additionally, your article, if accepted, will look like junk because your paragraph will be broken by unrecognized code. Therefore, put your code in the correct place!Anyway, here they are:www.articles-hub.comwww.articlesindex.comwww.articles-keyword-rich.comwww.articleskingdom.comwww.articlesmagazine.comwww.articlesnatch.comwww.articlesnet.co.ukwww.articlesnetwork.comwww.articlesolutions.comwww.articleson.comwww.articles-online.bizwww.articlesonline.orgwww.articlesoup.comwww.articlesphere.comwww.articlesrightnow.com Read more:Article
, Submission
Kihei Maui Condo 2007-06-16 16:12:00 Imagine yourself at the beautiful Hawaiian Islands. There you are sitting on the beach, letting the ocean waves gently crash against your feet as you watch the sunset. Basically, everything is great! Unfortunately, it is time for you to leave. You get in your car and fight traffic back to your hotel. Maui was packed that weekend so your room has a spectacular parking lot view. You find out you lost your room key, so now you have to wait in line at the front desk to get a new one. You climb in to an already overcrowded elevator and have to wait as the elevator stops at each floor. You finally make it into your room and everything that was great about the evening has dissipated in the jumble of getting back into your room.The amazing thing about this, is that all of this could have been avoided if you would have had a Kihei Maui condo. If you are going to do Hawaii, why not do it correctly? Getting your own Kihei Maui condo allows you to have breathtaking views, the joys of s Read more:Condo
Burn Notice's Survivor 2007-06-19 02:49:00 I woke up and my head hurt. Everything was blurry at first but slowly objects came into focus. As I looked around, I realized that I did not know where I was. The streets were bare and the buildings were old. The moon was covered by a thick layer of black clouds and the street was dimly lit. I slowly stood up and reached into my pocket to grab my phone. Nothing! I quickly reached for my other pocket. Nothing! As I reached into my back pockets, I discovered that my wallet, phone, identification, and all other personal belongings were stolen. What was I going to do now?I had no idea what time it was, I had no money, and had no phone. How was I going to survive this situation? After wandering around aimlessly for hours, I finally ran into somebody. I tried to ask for help and directions, but was immediately disappointed. The stranger spoke no English and I am not bilingual. I was getting very hungry and desperate times called for desperate measures. I casually walked into
Multiple Streams of Income: The Internet Part 10 2007-06-19 02:04:00 Recently, there has been a large emergence of Adsense revenue sharing websites. The concept is simple. Like many other websites, you submit content (articles, videos, podcasts, blog entries, pictures, etc.). The difference with the regular websites is that the webmaster takes one hundred percent (100%) of the Adsense revenue. You get the benefits of backlinks, reputation, and traffic building, but you do not actually share in any of the advertisement revenue. With Adsense revenue sharing websites, you still get the backlinks, reputation, and traffic building benefits of other content submission websites, however, these revenue sharing websites also give you a percentage (usually fifty percent (50%) or more) of advertising revenue. These websites are easy enough to find and usually have a submission procedure similar to the other content submission websites.Here is how it works. For each piece of content you submit, you get one (1) point. The more content you submit, the more po Read more:Multiple
, Streams
, Income
, Internet
, Multiple Streams
Keep Cash 2007-06-24 21:54:00 More and more people are discovering the ease of Internet shopping, and as a result, Internet shopping keeps expanded every year. This is why coupon codes are a great way to save money! I am currently in the process of remodeling my house. I am trying to save money by doing the whole project by myself. However, I also want to save money on the products and supplies that I buy. That is why I love the Ace Hardware coupons. First, I like the selection and prices at Ace Harware, but now that I can save additional money by using Ace Hardware coupons, I am sold!If you are a person who loves to shop online, always use coupon codes to save some extra money. If you are not an Internet shopper, maybe the idea of saving additional money by using coupon codes will entice you into checking out the Internet shopping phenomenon. The coupons are updated daily, so you always get the best deals. Check out Keepcash.com today!
Credit Score Loophole Closes 2007-06-24 21:47:00 As we are all well aware, a good credit score is an important asset to possess. Not only does a good credit score save you thousands on interests payments, it is also an essential item needed to qualify for most loans.It order to help out close friends and family (usually children), people put a specific person on their credit card as an “authorized user.” An authorized user is authorized to use the card, but is not liable for the card’s debt. Before recently, credit card reporting companies (Experian, TransUnion, and Equifax) did not distinguish between the original card holder’s credit record and the authorized user’s record. Therefore, for example, if the original cardholder had a flawless ten year record on a particular card, the authorized user receives the benefit of this flawless record regardless of the length of time the authorized user is on the card. The benefit to the authorized user is huge. These benefits to the authorized user’s report could boost his/h Read more:Score
, Credit Score
What is the Purpose of your Corporation? – A Brief Look at the Doctrine of Ultra Vires 2007-06-29 01:30:00 Many states have created a standardized document for forming a legal entity. These standardized forms were created partly to prevent lawyers from drafting and submitting extremely long incorporation documents and partly as a way to create ease of use for the general public. Most standardized forms contain a section for the name of the entity, the name of the resident agent, the name of the officers and/or directors, and a section for the corporate purpose. We are going to take a closer look at the “purpose” section of an entity formation document. Today, lawyers generally use broad language such as, “any lawful purpose” in the purpose section of these documents. However, such was not the case many years ago. Incorporation documents used to be drafted with a very specific corporate purpose. As such, the doctrine of ultra vires was created by the courts. The doctrine of ultra vires was the cause of much litigation and judicial interpretation. The dictionary definition of Read more:Purpose
, Corporation
, Brief
, Ultra
Blogging News 2007-07-01 20:14:00 Blogging is a great way to create income online. As I have written in the past, blogging can produce several income streams from the internet. However, blogging also creates an information stream for people. You would be amazed how much information you can obtain from reading blogs. Before I attempted to create a revenue stream from blogging , I did a little research. At first, I randomly surfed around the internet. I found some interesting websites, but for the most part, these websites offered very little useful information. It was not until I started looking at blogs that I acquired relevant information about producing income online through blogging.My goal was to create as much income as possible from the internet while spending as little money as possible. Blogging was my first and best choice. Blogging creates the benefits of a website without all of the liabilities. Recently, an income stream used by bloggers has been criticized in the news. That income stream is blo Read more:Blogging
Adsense Revenue Sharing Websites 2007-07-08 17:05:00 Many article submission websites exist. I have provided many of them in previous posts and many more are still to come. However, Adsense
revenue sharing websites also exist. When you submit your articles to these websites, you also submit your Adsense publisher ID. If you do not have an Adsense publisher ID, then you have to get one from Google by submitting you website for approval. Once approved by Google, you will get an Adsense publisher ID. As you are all well aware, when you submit an article to websites, your rewards are backlinks, page hits, and reputation building. However, if you want to make any money, people have to visit your website. With Adsense revenue sharing websites, when you submit articles, Google Adsense advertisements appear next to your article. When a person clicks on these advertisements, you get paid on these clicks. For providing these services, the webmaster takes a percentage of the Adsense revenue, usually between 10-50%. If you do not feel lik Read more:Revenue
, Sharing
, Websites
, Adsense Revenue
Buy Your Car 2007-07-07 14:59:00 Everybody needs a car. This is plain and simple fact. The concept of a person’s need to own a car is so engrained in modern day culture that United States Bankruptcy Courts will not take a person’s car to satisfy his/her debts. The theory is that we all need a car to get to work. However, with car depreciation rates, most people opt for used cars. This can actually be a wise choice. The problem with car buying is that it is an all day event. First you have to drive to the lot, then you have to pick a car, then you have to test drive the vehicle, then you have to haggle with the salesperson for hours to attempt to pay the price you wanted to pay, then you have to sign papers, and then when they tell you that everything is done, you have to sign more papers.Car buying is getting easier. Buyyourcar.com creates more than just a simple listing and a picture. When a dealer advertises its stock through Buyyourcar.com, that dealer gets a standard listing, a individual listing and
Reverse Piercing and the Myth of Limited Liability – Beware of the Alter Ego! 2007-07-07 14:25:00 A novel situation has presented itself in recent court decisions. In 2004, the New York Court of Appeals ruled in favor of granting a new type of remedy, “reverse piercing.” Piercing the corporate veil is a fancy way of saying that the shareholders of an entity are personally liable for the debts and liabilities of that entity. This means that if the entity does not have enough money to pay all debts and liabilities, creditors came attack a shareholder’s personal holdings.Reverse
piercing is different. In a reverse piercing situation, an entity is held liable for the debts and liabilities of its shareholders. This is an amazing theory because the whole point of a limited liability entity is to protect the personal assets of its shareholders and vice versa. In other words, the shareholders and the business are two completely separate entities. However, many of the factors used by the court to determine whether an entity should be pierced are used in determining whether a re Read more:Liability
, Beware
, Alter
Portable Scanning 2007-07-06 12:48:00 Every entrepreneur knows that business today is on the go. No longer do we sit behind a desk and hope clients come to us. We are mobile, agile, and motivated. We are go-getters that go and find business before it is swallowed up by our competitors.Due to this new, successful style of business, most of us carry some sort of portable computer. As the technology gets better, laptops get smaller, lighter, and more powerful. Entire cities are soon to be wireless ready. However, no matter how much the technology advances, these new computers do not come with accessories. That is why the portable scanner is a great accessory to have. The ScanShell 2000N (2000NR) portable scanner is a great color scanner. Weighing only 14 oz (that is less than one pound) and not needing an eternal power adapter are just two of the features that make this little device a hot commodity.This portable scanner works by plugging into your computer through its USB 2.0 port. This portable scanner only has o Read more:Portable
, Scanning
Do You Know What Is In Your Credit Report? 2007-07-06 12:25:00 Many Americans would be amazed as to what they find in their credit report. I have had to deal with errors in my credit report for a long time now. My problems arise because I am named after my father. You would think that in this day and age, and with the many technological advancements that exist due to computers, distinguishing between two different people would be easy. Apparently, this concept eludes the credit reporting bureaus.Due to the fact that my father’s accounts appear on my credit report and vice versa, I constantly have to contact the three bureaus and the reporting banks. It really is a nightmare! I have to do this because two things are happening when the bureaus and the banks incorrectly report accounts in my credit report. First, I lose confidence in the credit reporting system and the bank that incorrectly reports. Second, my father loses the benefits of having his accounts in his reports and my debt to available credit ratio changes, which could lower my
Debt In The Post 2007-07-06 02:07:00 It is so easy to fall victim to debt even if you are able to pay all of your creditors each month. Whilst we are cautioned to take care when purchasing goods online, many are falling victim to fraudsters through the post.Mrs Fenton eagerly filled in her ISA application for an online savings account and rushed down to post off her documentation. After several days, she was shocked to discover that her correspondence had never reached Bradford and Bingley. Though she wrote her return address on the back of the envelope, her application was never found.Mrs Fenton is worried that she may be vulnerable to fraud as her application contains all the information a criminal would need to extract money from her bank and credit card accounts. Implications Of FraudThousands of similar cases results in people’s accounts cleaned out, leaving the sender with a mountain of personal debt that they are not even aware of.Whilst the building society have offered Mrs Fenton commission and even debt coun
Debt to Income Ratio 2007-07-06 02:05:00 Your debt to income ratio and your credit score are two things that a lender will look into before he will agree to loan you money. This ensures that you will comfortably be able to meet repayments which include interest.Your DTI ratio will be the deciding factor in how much money you can borrow. However, if you have no outstanding credit, your DTI does not serve of any use as you will not have any debt to compare it against. As an unsecured loan carries more risk, a lender has to be sure that he will not have to keep chasing you for repayments. If your debt to ratio is low at around 25%, you are likely to receive offers for a very competitive loan as this figure shows that you owe very little to other creditors. How Is My DTI Ratio
Worked Out?Your debt to income ratio is worked out by adding up all of your monthly income. This figure is then divided by the total amount that you pay out to your creditors each month. This figure is expressed as a percentage term. The higher your Read more:Income
Debt Consolidation Loans For Tenants 2007-07-06 01:43:00 Most people can manage to pay back debt if there are not too many outstanding creditors but when they owe money to more than five companies, keeping everyone at bay becomes an uphill struggle.This is the time when some people start to look for debt solutions so as they can manage all of their outstanding debt in one affordable sum. What Can Be Done?Debt consolidation is an ideal way to do this but if you are a tenant, you may find it harder to find a debt consolidation company who will work with you, as most prefer homeowners. However, there are tenant debt consolidation companies who are willing to help non home-owners out of debt. These loans do incur higher interest but they do give piece of mind in knowing that all outstanding debt can be tied up into one affordable monthly sum.When individual payments are made to creditors, staggered amounts of interest are incurred with each payment. With a debt consolidation loan, one fixed interest rate covers all outstanding debt, thus mak Read more:Consolidation
, Loans
, Tenants
, Debt Consolidation
Debt Counselling 2007-07-06 01:39:00 Debt counselling was a word that Brian Day had heard so many times in the past but never pursued until desperation led him to find out more.He sought the advice of a debt counsellor back in January 2007 to help him to resolve his mounting debt issues. Brian says that he was impressed with the way that the counsellors offered a sympathetic and caring approach to his financial situation. The first aspect of the counselling was to find debt solutions for his current financial situation; the other was to prevent him from falling into debt in the future.What Kind of Debt Solutions Are Available?As Brian’s debt was quite large, the debt management company advised him against debt settlement as he had too many outstanding bills to contend with. He was advised to take out a debt consolidation loan which would get to the root of his financial problems and provide him with a way out.Before seeking debt advice, he was confused by the many debt solutions available which included debt consolid
Warning - Debt Kills 2007-07-06 01:33:00 I once overheard the saying ‘debt kills’ which scared the life out of me until I fully understood what it meant. The saying refers to the fact that debt tortures a man every day and crushes him with fear and anxiety.Most young people spend the best years of their lives worrying about how to repay student debt but without the option of being able to obtain credit, many of us would not have received the appropriate education to pursue our chosen careers or the funds to live in our dream homes.We have to find a way to live comfortably with our debt by keeping our creditors happy. At the same time we must not pay more than we can afford. The majority of people find it difficult to achieve this without seeking debt advice. Which Type Are You?There are two types of people in this world, the savers and the achievers. The savers tend to hold back from every opportunity and prefer to hoard their money for a rainy day. The achievers take every opportunity coming to them and will willin Read more:Kills
Be Positive with Debt 2007-07-06 01:27:00 When you are in debt, it is easy to slip into depression and allow your creditors to do their worse. This negative state of mind will not lead you to greener pastures as you nurse your shattered pride and hide away from the world.The most important thing to do is to raise your head up high and tackle your creditors head on. Showing responsibility for your actions will prove favourable with them and show them that you are financially responsible for your actions. It is important to realise that there is nothing to feel shameful about as millions of people everyday experience financial difficulties. Debt in the 21st century is a way of life for many people.Most people see debt as failure but looking at is as a learning curve will help you to tackle the situation and avoid the pitfalls that led to your financial demise in the first place. A Positive
Mental Attitude Towards Debt!Scientific research has shown that people who deal with their debt problems with a positive attitude are mo
Good Debt or Bad Debt? 2007-07-06 01:22:00 As long as credit is easy to receive, debt will continue to walk with us through life, taunting our every move and aggravating our very existence.Some debt advisors state that the total amount of debt accrued per month in credit cards, loans, mail order catalogs etc., should not exceed any more than 36% of our gross monthly incomes. This is the maximum target level a mortgage lender will allow while assessing a potential borrower.What is the best next step to take?The secret to using debt to your advantage is to make sure that you buy assets which will increase in value. For example, a mortgage will allow you to live in a nice home with the hope of making a profit from it in the future. A student loan will allow you to study for a good job which will bring you many financial rewards.Instead of using credit for profitable purchases like the above, most people use their cards to purchase everyday items which decrease in value the moment that they are bought, for example, food or clot Read more:Bad Debt
How to Choose a Debt Consolidation Company 2007-07-06 01:20:00 There are thousands of companies bombarding us with debt consolidation loans but how can we find the right one for us?Do not limit yourself to just searching online. Try flicking through the Yellow Pages or one of your local newspapers. Once you have made a list of the best five companies, give them a call and ask them any questions that you need to know. It is vital that you work with a company who can answer all of your questions competently and put you at ease. Many debt counsellors are busy and do not have the time to go into detail with you. If you find any such counsellors, cross them off your list.What should I look for in my Debt consolidation company?Make sure that the debt consolidation company you choose, combines all of your unsettled debts and not just a few of them, so as you are left with one manageable sum and no other debt worries.Make sure that you are aware of any upfront fees and check that there are no hidden costs along the way. It is a good idea to ask fo Read more:Consolidation
, Debt Consolidation
Recommend Site To A Friend
