NFIB and WIA to Provide Better Protection for Wine Investors
Millions of Britons enjoy drinking it and many now see it as a long-term investment. Unfortunately, fine wine has also become a focus for fraudsters who trick investors into buying wines or vineyards that bear little resemblance to what they see in the prospectus, or may not even exist. The increasing number of such rorts in Britain has led to calls for action to be taken to protect investors and to increase consumer confidence in fine wines. In the upshot, the UKs National Fraud Intelligence Bureau (NFIB) is joining forces with the newly-formed Wine Investment Association (WIA) to tackle the problem.
On 14 February 2013, the NFIB and the WIA jointly announced the launch of the new self-regulatory body which will aim to transform the growing wine investment industry by providing better protection for investors in the UK. The WIA has been formed by leading figures from the fine wine investment industry and seeks to support the sector’s growth through voluntary regulation, establishing best practices and setting up processes to identify fraudulent activity.
Director of the NFIB, Det. Supt. Dave Clark, said: “Fraudsters will always follow the money, wine investment is just the latest in a long line of investment opportunities that are being exploited and corrupted to the detriment of the industry as a whole. He added that the NFIB sees the creation of an auditable framework of self-regulation as a step towards maintaining and increasing consumer confidence, while also identifying investment companies which do not operate in accordance with the required high standards.
New Code to Tackle Wine Investment Frauds
Following an extensive consultation period, the WIA has set out the standards and procedures with which its members must comply to remain in good standing. Under the new code of conduct to be drawn up, wine investment firms will undergo stringent audits by accountancy firm Mazars. These will include checks on systems such as stock rotation and to make sure that purchase orders and invoices tally. The director of the WIA, Peter Shakeshaft, revealed that companies which successfully complete the independent audit process commissioned by the newly-formed regulatory body will bear a WIA logo offering consumers a trustworthy safety kitemark. Shakeshaft added: Our industry has been held back far too long by unscrupulous practitioners and issues around fraud. The WIA will really hold the industry to account.
These days, it is not at all rare for one to come across such a stock investment company that offers services with big promises. Stock investment is a serious proposition and stock market positions are very difficult to understand. It is good to do some in-depth research before you choose a stockbroker or stock investment company.
There are many stock trading companies but the choice has to be made based on research. It is important to know and consider the qualifications of the company. The company has to be competent and to ensure this the credentials of the company have to be looked into. The customer should try to get as much information as is possible about the company. There are other issues such as the fees and commissions, which the stock investment company will charge for the stock market trading. If the fees and commissions are excessive, they will take up a major part of your stock trading profits. Your investment goals will be affected. Your decisions in transactions will also be affected. The fees and commissions that the company will charge, therefore, is an important consideration.
There are three principal types of stock investment companies. Some companies just carry out your stock trades. This means that you will instruct and you will buy and sell stocks. The companies will do just this and little else. The next type of companies will carry out your trading instructions and, along with that, provide you with helpful tips and stock market quotes. A type of stock investment company also serves as your investment planner. These companies will see your resources and investment objectives and do the management of the resource on your behalf. It is up to you to decide which type of stock investment company will be the best suited for your purpose.
You may also come across such a stock investment company that does not work with the stock market. The customer has to ensure that the stock investment company operates in the market where the customer intends to invest. If this is not the case, there is a waste of money and time. The advisory services of the stock investment company to help you out should be there. When you choose your stock investment company, you should notice whether it has the right investment advisory services. In stock market investing, no two persons are the same. The capacities of investing in stock markets vary from person to person. The best services are offered by the personalized services of the stock investment company.
There are various ways to promote your web hosting company. For this you should need to mention the name of your city and the state and the province in the beginning of your website. If you add these words along with your service keywords then it will definitely act as a promotion for your web hosting company.
In the Contact page of your website have the full address along with the country as well as the postal code. If you have all the information here then it will be easier for the local search engines and the directories to add your site and it will be a good promotion for your company.
In the About page you should include the state or the province name and the city and the country name. This would not only promote your business but also assure the website owners that they are doing business with a company having a proper address to verify.
Create accounts in Google so that you can list your company in the Googles Local Business Center. Identify your location in the Google Maps too. Other search engines where you should register yourself is the MSN Live Search where you can just click on the Help link, get the form and add the listing. Yahoo! Local is another good search engine where you can go to the Add a New Business page and add your company.
Other than the search engines, those of you who want to promote their web hosting company should give an advertisement in the yellow pages with the company name and the domain name. The local newspapers, your own vehicle, the giveaways are other avenues where you can provide the advertisement of your company. In the visiting card of your company as well as the company letterheads, mention the domain name along with the name of your company to attract the attention of the public.
Attending the networking events such as visiting the Chamber of Commerce and the trade shows would also be beneficial in promoting your web hosting business. The Meetup.com meetings for entrepreneurs can also be beneficial for you as they provide good business opportunities.
Franchised operations in India are increasing by the day. Being geographically vast and culturally diverse, India offers the most favorable franchising environment. While companies benefit by having many profit making outlets in different parts of the country, franchisees in India benefit by being able to generate good returns with little investment and risk involved. Entrepreneurs are making the most of India’s franchising market and growing economy by becoming successful franchisees. Indian franchisees can now choose from a plethora of international as well as domestic franchising companies. There are numerous attractive franchising options available in various sectors.
Ever since the franchising boom in the nineties, there have been many success stories. Franchisees in India helped many businesses grow and establish, while also gaining immensely from their business ventures. Examples of international franchises that have been successful in India include food and beverages giants such as Subway, Mc Donald’s and Kentucky Fried Chicken among others. Indian companies that have benefited from franchising include names such as Barista, MRF, NIIT and Apollo hospitals among others. It’s not just the bigger companies; smaller international and domestic companies also look for franchisees in India. The capital required for such ventures would be smaller when compared to highly reputed companies. The downside however, is that the risks are more, since you cannot ride on the popularity wave generated by the reputed companies.
Depending on your choice of business, you can either work from home or from an outside location. The initial capital you may require to start a franchising venture will depend on the type of business and the franchisor’s requirements. Most home-based franchise options are suited for work-at-home women. Cosmetics, healthcare products, services, home business household products and e-commerce ventures, make for convenient yet rewarding franchising options. Franchisors provide training and support and your business can gain from the image and professionalism of the franchising company.
Franchising allows entrepreneurs to have their own business, without many of the risks associated with a start-up business. Franchising also offers you great income and a flexible work style. But, as a potential franchise purchaser, you need to carefully consider the finances and risks associated, prior to starting your business. Read Franchise Plus to learn about the benefits, profits and risks associated with franchising in India. We help you make an informed franchising decision for a successful franchising venture in India.
The moment that you begin with your new online business you are taking the challenge and beginning a new part of your life. Entrepreneur success is about making changes to your habits and your to your thinking, so when you take the 30 day challenge with your online business you set the seeds for success in you.
Habits take about 30 days to become a part of our new way, and by building sturdy entrepreneur habits you set off the process of creating a solid foundation for yourself and for your business. Make some time in deciding what you want to do and achieve over the next 30 days in your online business.
Take the 30 day challenge and set your goals for your entrepreneur success. Make an action plan of what you will to gain knowledge of and begin to master and build an action list of what exactly you will do to develop your online business. It is the process of daily action in the pursuit of your goals that leads to business success.
The very process of starting a new business means you expect to set up a new way of life. Make the new way a way of self empowerment. By educating yourself as much as you work on your business, you will be creating the new habits that are critical factors for entrepreneur success. You can reach whatever you believe you can, and the same applies to you will fail at whatever you believe you will, so by settingstrong empowering beliefs and following your action plans you will lead yourself towards the outcomes that you want. Positive thoughts and actions are the critical success factors.
Adopt change, welcome the change that will occur. The more that you prepare the changes the more you will feel in control of what is happening. We all are happy in ourselves to the degree that we have control of what is happening around us. By organising yourself for the next 30 days you will be taking control of your new habits and actions and at the same time taking control of your new business.
Entrepreneur success is a habit, take the challenge and shape a forward momentum in your life. By changing how you see yourself and how you behave you will at the same time change how others see and believe in you. That will change the outcome with your business.
Like so many people on the internet I have tried a number of ways of making “big” money on the web and yes, I have made at least one bad investment. There is more than one money making formula out there. Some formulas are good and some not so good. God knows more than a little about financial prosperity and He desires the Christian to prosper. However, God wants the Christian to prosper His way.
Formula to a Relationship
God desires that instead of looking to a formula, the Christian should look to Him and not to a formula. God wants you to shift your allegiance from a money making formula to a deep relationship with Him and then you will prosper the best way. Are you seeking to know God intimately and have a deep relationship with Him? He says in Matthew 6:33, “But seek ye first the kingdom of God, and His righteousness; and all these things shall be added unto you.”
The Financial Prosperity Revelation
God gave me a revelation of Matthew 6:33 and showed me if I would seek Him and put His agenda first place in my life then my prosperity would be manifested. Seeking God is the best investment in your destiny.
In Hebrews 11:6b He states, “He is a rewarder of them that diligently seek him.”
“Delight thyself also in the Lord; and he shall give thee the desires of thine heart” (Psalm 37:4 KJV).
Serve God or Money?
Remember what is stated in Matthew 6:24 of the Living Bible, “You cannot serve two masters: God and money. For you will hate one and love the other, or else the other way around.”
Seek and love God with all your heart and get involved with His program. Good investment. He has just the formula for your success: a deep relationship with Him which will unfold the glorious destiny He has for your life. And that destiny does include prosperity.
But what if you refuse to do the will of God? Here is your answer: “Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father which is in heaven” (Matthew 7:21 KJV).
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Real estate investment is about finding good deals; the crux is that money is made when you purchase.
Real estate investments are often treated as one the best ways of investing money. However, what you are looking for is not just any real estate investment, but real estate investment that can give you good returns. By real estate investment we mean investing money into property i.e. buying property at a low price and selling it at a higher price so as to make a profit out of it. So the most important part of good real estate investment is to get hold of such properties which can give you good returns.
Now, how can you get these potential profit-making deals?
1. Your first avenue for finding good deals is the local newspaper (the property newspaper). Just search for properties that are listed directly by the owners who want to avoid paying commission to the real estate brokers. Since the owner is saving on the commission that they would otherwise have to pay to the broker, they would probably be able to offer a lower price to you and be more open to negotiations.
2. You could also place your own wanted ad in the local newspapers. On the same lines, you could use internet to search for the real estate investment avenues. In fact, you would be astonished by the number of real estate investment opportunities you are able to locate on the internet. Not only that, searching for real estate investment opportunities (i.e. property for sale) is much easier on internet than anywhere else.
3. Another good way to hunt for real estate investment opportunities is by using the services of real estate brokers. Some people use real estate agents as their first (and maybe the only) touch point for getting real estate investment opportunities. The real estate agents act as information hub for people looking to buy property. In fact, a lot of sellers find it much more convenient to sell their properties by listing it with real estate agents.
4. Multiple listings service (MLS as known in the real estate industry) is another good way to find real estate investment opportunities. Since the multiple listing book is provided only to the real estate agents and not to the general public (unless you are very lucky), all the cream (good real estate investment opportunities) would have already been taken before you get to see the book. The key here is to look for expired listings that didnt get converted to a deal.
5. Another good way to get a property, that is a good real estate investment, is to look for foreclosures by banks or to visit public auctions. You can generally get a good deal here. Divorce settlements are another good real estate investment opportunity.
To sum up, real estate investment is really about knowing where to look. And finding good deals does require some effort.
Today’s world is very volatile and filled with trials and uncertainties. There are only so many ways of making money and many of these are fast getting saturated. Everywhere, people are looking for new and ingenious ways of earning money. People want to have their own business, but do not want to make a big investment. In such cases, it is good to look for a business idea which does not require too much initial investment. There are many websites which offer budget business Franchises for Sale. The ideas on these sites offer a wide range of businesses from pet grooming to babysitting to tutoring to caring for the elderly.
In addition to traditional low cost business opportunities like babysitting, pet walking, or personal chef business, one of the leading new age businesses to think about is to be a Virtual Assistant. Many small business owners have too many tasks on their hand and wish to have someone to whom they can delegate. Virtual assistants can be of great help to them. They do everything that office assistants do, without even once meeting their bosses. They work on a contract basis from their household. In addition to basic administrative duties and keeping books, they also deliver specialized services like market research, technological troubleshooting.
Business Consulting/Image consulting
There are many low cost franchise opportunities like SEO solutions firms, or round the corner cafes available to people willing to put in the hard work and sincere efforts and of course part with some much short cash. But if parting with the initial capital is a problem, Business consulting or image consulting is another good opportunity for you. You could offer services like business plan writing, marketing, communications, help with legalities involved and so on. If you plan to offer image consulting services, you could advice on etiquette, fashion, dresses, accessories etc. This is one way of building a business around what interests you and what you are passionate about; all the time without too much of initial investment.
Planning an event requires elaborate planning and organizing skills. Events/parties can be fulfilling and profitable if adequate hard work and efforts are involved. The overall success of an event planning business will be based on the experience that the planner brings to the clients. An event planner will have to have certain skills which are imperative to Low Cost business opportunities like this one. Good organization and time management, negotiation and budget management, creativity, public relations and marketing skills are a few of them.
An entrepreneur does many wonderful things. In fact, many people are amazed with how the entrepreneur’s mind works. But for some who have not taken the plunge, there is some wonderment….some real curiosity….and for some of us, even some questions about successful entrepreneurs morals and integrity….But for most onlookers there are two important questions to ask. How does an entrepreneur become successful? And most importantly, do you want to be a successful entrepreneur too?
First of all, an effective entrepreneur should have great ideas. And then you need to test those ideas…You have to research to be able to make an informed judgement about whether your business idea is feasible. It really is critical to do this investigation, and in many cases its not necessarily a tedious task…Once you have gathered all the needed information, you can decide whether to pursue the business idea now, or simply file it and do it in the future.
The projects undertaken by successful entrepreneurs are normally done in a very careful manner. Research about Demand is a very important aspect to help determine business feasibility. Saturated and established markets can be a big no for entrepreneurs because their aim is to earn more money. Entering a saturated market can be suicidal (unless you have a very unique selling proposition), because of the extreme competition.
If you want to become a successful entrepreneur, you have to work on some concepts such as ROI or return on investment, compounding capital, economy of scale, speed of business returns, and many others. You can’t work your way to success if you dont know these concepts. So you have to study and continue your learning. If you have the opportunity to study a business related course, do so. Gaining knowledge, skill and education, can only help you to succeed in the business world.
According to many expert entrepreneurs, education is not enough. As an entrepreneur, you must have the right attitude and qualities. Now what are these attitudes and qualities? Firstly, you have to be hard working. You have to be willing to work many hours of the day or night especially if you’re a beginner. Almost eighty percent of your time will be allotted for encouraging customers or subscribers. In the case of an internet business, you have to attract a lot of traffic to your site otherwise, your business will fail.
Secondly, you need to be a risk taker. Most entrepreneurs are not afraid to take risks. This does not mean that entrepreneurs enter the market with their eyes closed hoping for success. Entrepreneurs are willing to take risks especially if after a careful study they can see high chances of success. Not many individuals are willing to take risks because they are afraid to fail. But you see, an entrepreneur learns a lot from past failures. It’s all part of life and so you should not be scared. Its also important to be organized.