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    Learn to Profit from Mistakes Other Small Businesses Have Made in Planning, Marketing and Promotion

    Article was written by  Herb Kimble . Small business owners often make their biggest mistakes before they even open their doors. These tend to be costly mistakes and the reasons why between 90% and 95% of new businesses fail during the first year. Before starting out, many prospective owners don’t conduct a written feasibility study to determine the potential market and profitability for their business. Even the most original businesses, run by incredibly talented people fail because the market potential is too low, operating costs are too high, or for some other unforeseen reason. That’s why successful large businesses never start a new venture or launch a new product before doing an…

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    The benefits of online tenant screening

    If a landlord does a full screening of their potential tenants, the chances are that the tenant they choose will be a well-rounded tenant who will pay their rent on time and take care of their property. With more and more people being time poor, online tenant screening has become popular as they provide details of a potential tenant quickly and accurately. Here are some other benefits of using an online tenant screening service. Better predict evictions – Most sites provide eviction predictions, that will look at a tenant’s credit information and provide predictions on evictions. Immediate screening – Sites now offer you the chance to enter limited details, that…

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    The basics of construction claims

    Summary: Construction claims cost all parties’ time, money and resources. A claim is between the contractor and owner and involves monetary compensation. Understand the different types of claims and evaluate your options, before you proceed with a claim. One of the biggest causes of delays in construction are construction disputes or claims. These claims cost time, money and resources for all parties involved since work grinds to a halt until there is a resolution to the satisfaction of all the parties involved. Here we look at the basic elements of a construction claim: What is a claim? The basic definition of a claim is when there is a demand asserted…

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    How to choose a general contractor

    Written by Lyle Charles It is important to get the assistance of a construction consultant when handling medium to large construction projects. Usually, general contractors will take the responsibility of completing a project for a bid price. This means that your contractor will hire the subcontractors and therefore you will only have to communicate with the contractor directly. Since your entire project is in the hands of your contractor, it is vital that you choose one that processes the right experience, knowledge, and integrity required to handle your project. It is important that the cost is not the main reason why you choose one contractor over the other. As these benefits…

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    Polyurethane Foam is Used More than You Think

    Flexible polyurethane foam is one of the most commonly used products in today’s world. Known for their strong support and flexible usage, they are used in a majority of the things that we use on a daily basis. They support your back on those long drives, make furniture a bit more comfortable, and even keep you warmer than usual on those cold nights. Polyurethane is used in places that we don’t see with the naked eye but feel through its’ contributions. What is Polyurethane? Polyurethane comes from a large family of polymers or plastics. They can have an open-celled structure to them or they can also be rigid, mimicking a…

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    The History of Restraint of Trade

    Restraint of trade was used throughout the 1700s as a means to enforce restrictions on the practice of businesses in order to protect intellectual property. To understand how restraint of trade came about, and some of the implications of this important legislation, one must take a trip through time to 1711. A baker from St. Andrew Holborn, named Reynolds, decided to rent his business out to another man named Mitchel for a length of five years. The two men agreed to a small bond, which would become void if Reynold continued baking in St. Andrew Holborn. Reynold, understanding the terms of the bond to mean that he could not practice…

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    How NASDAQ Was Able to Compete with NYSE

    By Phin Upham A stock exchange is a place where multiple sellers are able to come together and exchange equities. Two components are necessary: a buyer and a seller. In today’s markets, there are two major exchanges, both based out of the United States: the New York Stock Exchange and the NASDAQ. It’s important to understand that location played a large role in the development of both exchanges. NYSE was able to flourish because of its proximity to importing locations like the pier. The constant movement of goods made New York a prime center for commerce, and Wall Street was close enough to the action. The traditional image most people…

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    Edwin Cannan: Author of “The Wealth of Nations”

    By Samuel Phineas Upham Edwin Cannan was an economist from Britain who wrote “The Wealth of Nations.” The book, published in 1904, helped to set the tone for what economists today call “the tragedy of commons.” Cannan was a professor at Oxford who inherited a fortune that allowed him time to be something of a professional philosopher. He dabbled around London, learning how the economy worked and how its individuals invested and profited from those workings. Cannan’s work didn’t draw much scrutiny during his lifetime. He’d attempted criticisms of Marshall and Keynes, but neither had really fallen on enthusiastic ears. He’d also written a host of works, none of which…

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    Jamie Dimon’s Rapid Ascension Through the Banking World

    By Phineas Upham Born in New York City in 1956, Jamie Dimon was a third-generation stock broker who began his career working for Wells Fargo. It was at Wells Fargo that he worked under Sandy Weill, until personal differences drove the two apart. Dimon left Fargo to join Bank One, which would eventually merge with the firm known as JP Morgan Chase. Dimon’s ascension through the ranks of choice would culminate with position as CEO and as chairman of the board. Dimon was instrumental in a few important mergers and acquistions that have shaped the financial industry today. He helped integrate Smith Barney with Travelers Group. Dimon also helped in…

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    Porsche and the War Economy

    By Phineas Upham Porsche began as a motor vehicle development and consulting firm. Established in Austria in 1931, the company got its first big start helping to design the first Volkswagen car. Namely the Volkswagen Beetle, a design the company still uses today. In fact, the Beetle design was so groundbreaking that Porsche reused some of its components in designing the 1939 Porsche 64. When Volkswagen production shifted to the war economy, Porsche followed suit. He helped design heavy tanks, but his designs were never incorporated into the final product. Instead, the government settled on Henschel & Son’s Tiger I and Tiger II designs. Porsche did design the chassis for…

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