Tag Archives: Financial Services

Business Interruption Insurance Protects Against Lost Profits

The business industry these days is in need of some help. Businesses left and right are being forced into bankruptcy, regardless of whether they’re neighborhood staples or new up-and-comers. On top of having to worry about keeping their profits in the green, business owners also have to adequately protect their establishments against catastrophic disasters such as fires, tornados, floods, etc. A recently published article on InsuranceAgents.com reveals the importance of business owners purchasing a quality business interruption insurance policy.

The article, titled Business Interruption Insurance: When Disaster Strikes, emphasizes that a quality business interruption insurance policy can help prevent a business from stopping or slowing down production should a catastrophe strike. Most standard policies include compensation for profits the company would have earned had the property not been affected by a catastrophe. For example, if a business’s building burns down to the ground and the business is forced to relocate, all of the profits it loses are covered.

Any expenses the company pays for are also covered in a standard policy, particularly electricity and heat, which may occur even if a business’s operations are put on a temporary hiatus. There are some disclaimers, however, to a business interruption insurance policy.

“Keep in mind that a business interruption insurance policy is not your standard policy,” the article describes. “It is not sold by itself, but instead is most commonly added onto a property insurance policy or included in a separate package. More often than not, it takes longer to renovate a building than initially anticipated.”

So how affordable is quality coverage? The price of a business interruption insurance policy depends on a variety of factors, including the location of the establishment, premise of the business and how easily it adapts to operating at a temporary location. Business owners looking to obtain a business interruption insurance policy for their business should contact a business insurance agent today.

Go to InsuranceAgents.com for more information and to receive insurance quotes from up to five local agents.

Via EPR Network
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Expert Edition Book On Amazon Kindle Helps Entrepreneurs Raise Capital For Their Start Ups

The Secrets of Wall Street – Raising Capital for Start-Up and Early Stage Companies”, Expert Edition, by Timothy Daniel Hogan was just published on AMAZON KINDLE by Commonwealth Capital Advisors.

Mr. Hogan has over 24 years experience in the Investment Banking and Securities Industry, held Six (6) NASD securities licenses and registrations primarily of “Principal” status. Mr. Hogan is a former Director of Compliance and Senior Trading Principal for North American Financial Group, Inc. a SEC Registered Investment Bank and Securities Broker. Chairman of the Investment Policy Committee for North American Capital Advisors, Inc. a SEC Registered Investment Advisory firm.

Mr. Hogan supervised the management of eight internal departments in relation to Federal and State(s) securities laws, as well as, overall firm productivity, operational systems design and technological implementation. Mr. Hogan has been a Founding Principal of seven entrepreneurial endeavors, including an eighteen-hole championship golf course and real estate development, a software development firm, other Internet related businesses, as well as, an investment banking company. He has held board and executive committee seats on various firms. His securities industry training started in 1984 with a few large securities brokerage and investment banking firms, such as, Merrill Lynch, E. F. Hutton and Shearson Lehman Brothers, now known as, Morgan Stanley/Smith Barney. Mr. Hogan holds a double major (Marketing & Finance) Bachelors of Business Administration from Grand Valley State University’s Seidman College of Business.

If you are determined to raise capital for your start-up or early stage company, this resource was made for you, and will open your eyes to the process that will get your company funded. It is the only resource available online that shows Entrepreneurs the whole process so they can successfully get the capital they need without wasting time or money where others fail. Get right to the source, and turn your dream into reality.

About Commonwealth Capital Advisors, LLC (CCA)
Commonwealth Capital Advisors (CCA) is comprised of former Wall Street Investment Bankers, Securities Attorneys and CPAs who invented Financial Architect®, a patent pending system designed to substantially reduce the cost (in time and money) of raising capital, through selling securities. The firm has provided conventional investment advisory services to public and private business since it was established in 1998.

Via EPR Network
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USBSwiper.Com Allows Businesses To Affordably SWIPE And Process Credit Cards Out In The Field Using Only A Customer’s Laptop And An Internet Connection,

Newly-developed USBSwiper offers Customers the unique opportunity to simply, easily and securely process customer credit cards with true mobility. Customers can simplify their businesses by being able to swipe credit cards anywhere whether at their store location or out in the field using only the customers Laptop, Internet Connection, USBSwiper software interface and magnetic card reader and the PayPal merchant processing system.

Richard Freedkin was a small business owner with a big problem. As a Real Estate investor and consultant who traveled the country conducting seminars and selling his books, he was wasting time and losing business whenever he typed in customers’ credit card information into PayPal’s virtual terminal by hand at each of his workshops. He needed a simple way to swipe credit cards at any seminar or convention location with only his internet connection and laptop.

When he asked developers in an online forum about available credit card swipers that were compatible with PayPal, everyone said it couldn’t be done except for 25-year-old Drew Angell, a certified PayPal ACE developer. Just over 6 months later, the pair founded AngellFree, Inc., and officially unveiled the only PayPal compatible credit card swiping solution at the annual Ebay Live! event in Chicago.

“I needed a product like this for my business, and thousands of other business people also need and are looking for something like this too. Other Wireless or Mobile Credit Card Solutions are just too expensive,” said Freedkin. “It was a situation where necessity was the mother of invention. Because of USBSwiper, I can now process payments for 30 to 40 of my books in just a few minutes and I have all of my reports and records centralized in one place. The best part is that unlike other merchant credit card processors, the money is deposited into my account instantly.”

The USBSwiper software, along with USBSwiper’s compatible magnetic card reader, can be used on both Mac and PC platforms. Unlike applying for and using merchant credit card processors, using USBSwiper in conjunction with PayPal will save small business owners merchant credit card processor fees, paperwork, time, lost interest, and lost fees during refund transactions.

“All you need is a computer with an internet connection and you’re set to go,” said Freedkin. “We’ve seen USBSwiper utilized by kiosk owners, microbreweries, artists, airport curbside checkers, taxi cab companies, and flea market sellers. The applications are endless for the small business owner, especially if you sell products either online, from a storefront, or in person at a customer’s home such as a home improvement or HVAC company. There are virtually thousands of different applications that this will work for inexpensively. Now everyone can enjoy true affordable wireless credit card processing”

The Word is spreading said Angell. “Everyone is so excited about this product, and it makes me feel great to know how much it’s already helped people out and to hear the positive feedback. I’m looking forward to introducing it to so many sellers who could truly benefit from it and grow their business.”

The True Wireless Mobility that this product offers has now sparked Freedkin and Angell to create a national sales force of Independent USBSwiper Representatives who will market the product Nationwide. According to Freedkin, “In this economic climate of Job losses and layoffs, many people are opening up small businesses. This opens up a huge opportunity for many people to create financial freedom by marketing this phenomenal product and to create a great residual income while at the same time, helping those businesses who have wanted to, but could not afford to have wireless credit card processing in the field before.”

For those who would like to learn more, please visit www.usbswiper.com.

About AngellFree Inc.: 

Founded in 2008 and based out of Lake Zurich, Illinois, AngellFree, Inc., provides small business owners with web and application development solutions.

Contact Details: USBSwiper.com, 830 W. Rt. 22 #235, Lake Zurich, IL 60047 (224) 677-0283 Office, (847) 307-8464 Fax, Richard@USBSwiper.com, www.USBSwiper.com

Via EPR Network
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Barclays Local Business report workplace “dreamers” of today make tomorrow’s entrepreneurs

Barclays Local Business research reveals untapped potential of today’s workforce. Workers caught staring into space at their desk or ‘away with the fairies’ during business meetings are a mass of untapped, entrepreneurial talent, according to research from Barclays Local Business.

The latest survey by Barclays Local Business reveals how employees showing signs of distraction are likely to get out and start their own business, as nearly half of today’s UK business bosses (44 per cent) admit to having plotted their entrepreneurial future whilst daydreaming in the work place of a previous employer.

Although an increasing number of bosses are paranoid about employees wasting time at work on social networking sites like Facebook, it appears they cannot stop employees from dreaming of a more productive and satisfying future in their working life.

John Davis, marketing director for Barclays Local Business said: “This survey highlights what many bosses have probably suspected for a long time – that for some employees, their current job is the last thing on their mind when they are at work. However, whilst they may be wasting their employer’s time they are not necessarily being idle; as they are planning for their own future. For budding entrepreneurs, the routine of their day-job can spark dreams of going onto bigger and better things.”

These dreamers turned entrepreneurs clearly know the value of downtime with only eight per cent interrupting their holidays to come up with a killer small business idea. Similarly, just six per cent were prepared to think about being their own boss in between pints down the pub. It’s also no surprise then that the survey also reveals that almost 40 per cent of UK business bosses view plain old common sense as the winning ingredient for ongoing success.

Davis added: “For employers there is nothing more frustrating than letting untapped talent slip through the net as staff showing entrepreneurial signs provide huge benefits and help small, medium or larger companies grow. Perhaps it will serve as a warning to any boss that they shouldn’t take their eye off the ball when it comes to keeping their staff interested and engaged and developing their people.”

The survey also uncovers the concerns keeping aspiring entrepreneurs awake at night; just under 40 per cent admit to feeling nervous about giving up the financial stability of a full time job, while nearly one in five (19 per cent) worry about getting into debt. Added pressure on their home life was also a worry for six per cent.

About Barclays Local Business
Barclays Local Business provide services and a comprehensive range of tailored business banking products to more than 600,000 businesses typically with a turn over less than £1 million.

Barclays Local Business supports businesses with:
– Named business manager, locally based allocated to the clients business. 1,600 Local Business Managers in 600 locations

– Barclays Trading Places’ Awards, recognising people who have overcome adversity to set up in business

– Give start-ups standard banking transactions free for up to 18 months. Wide range of free advice and information -Starting & Running Your Business CD-ROM; consultations with a panel of legal, accountancy & marketing experts; Business Opportunity Profiles & Business Information Factsheets; Legal & tax helpline

– Free ‘Mindleaders‘ online business skills training worth £1,000 and award winning software packages that will help save businesses time and money

– Individual solutions that offer support outside of the usual banking services e.g. unique award winning software packages that will help save businesses time and money

– The ability to speak to a qualified business Manager – out of hours or when their local business manager is engaged with customers. Flexibility to bank when and how they want – online and telephone banking and a full counter service at 1600 branches nationwide.

Figures taken from research carried out by YouGov on behalf of Barclays Local Business Banking. Total sample size was 2427 SME owner-managers from across the UK. Fieldwork was undertaken between 11-17 May 2007. The survey was carried out online. The figures have not been weighted.

Via EPR Network
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Expert System Enables Start-Ups and Early-Stage Companies to Control Their Own Financing at Low Cost

Commonwealth Capital Advisors (CCA), an investment banking advisory firm, today announced that it has combined a number of software modules and features that were previously sold separately under its Financial Architect System™ product line. It has also significantly reduced the overall cost of the combined products and services.

The Financial Architect System™ is a patent-pending method designed to help entrepreneurs simplify the process and reduce the cost of raising capital through issuing securities. In addition, CCA has added templates for issuing “Seed Capital Convertible Bridge NotesTM” – a simple and rapid form of financing for small companies – to one of its two consolidated product suites.

“The goals of the Financial Architect System™ and the changes we’re announcing today are simple,” said Charles Dreher, CCA’s Executive Vice President. “We want to help start ups and early stage companies significantly lower the costs and increase the speed of raising capital. Just as important, we want to provide business owners with an easy-to-use expert system that will enable them to choose the right deal structure for capital they need without giving up equity unnecessarily.”

“Using our system, an entrepreneur can create the necessary documents for convertible bridge notes in about two hours and start raising capital the same day,” Dreher noted. “To raise additional capital using our system, a client can then produce a securities-offering document, for legal counsel review, compliant with Regulation D of the Securities Act of 1933 in as little as 20 hours at a fraction of the time and cost it would take using conventional methods.”

“We believe there’s significant and growing demand among business owners for control over their financing strategies. The low cost of the Financial Architect System™ and the way we’ve simplified our offerings into just two product suites designed to meet this ‘do-it-yourself’ approach,” he concluded.

About Commonwealth Capital Advisors, LLC
Commonwealth Capital Advisors is an investment banking advisory firm with representation in Chicago, Harbor Springs, MI, and other locations in the United States as well as internationally. The firm has provided conventional investment advisory services to public and private business since it was established in 1998, and has spent the last four years developing the Financial Architect System™ as a complete expert system for start-up, early-stage and seasoned companies, both public and private, that seek capital.

CCA’s software allows clients to evaluate and create securities-offering documents for deal structures including common equity, notes with equity kickers, participating preferred shares, and common equity with bank debt.

In addition to its capital raising software, the firm provides clients with access to accredited “angel” investors, private equity funds, hedge funds, registered investment advisors, broker-dealers and many other sources of capital, around the world, that have an interest in funding start-up and early-stage companies. Access to this “Commonwealth Capital Club” network is on a password-protected area of CCA’s website and is part of the Financial Architect System™.

More information on CCA is at www.CommonwealthCapital.com/members/4750 or at its international web site www.CCAIntl.co.uk For a limited time, CCA is offering its comprehensive proprietary guide to financing, The Secrets of Wall Street – Raising Capital for Start-Up and Early-Stage Companies, at no cost through the above links.

Via EPR Network
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Welcome to EPR Small Business News

EPR Small Business News is a new blog, part of EPR Network, that is going to be focused on and will be covering the small business and stories from press releases published on EPR Network.

EPR Network (EPR stands for express press release) is one of the nation’s largest press release distribution networks on Web. The EPR’s nationwide network includes 12 State based PR sites, one major PR forum and a number of industry specific PR blogs and what started as a hobby on Internet years ago turned out to be a rapidly growing business today. EPR Network is also known as one of the most trusted (human optimized, published, edited and monitored, spam/scam/low quality PR content free) PR sites on the web with more than 10,000 company and individual press releases distributed per month. EPR Network is putting your press releases on top of all major search engines’ results and is reaching thousands of individuals, companies, PR specialists, media professionals, bloggers and journalists every day.

EPR Network has thousands of clients around the world including global 500 corporations like Hilton Hotels, Barclays Bank, AXA Insurance, Tesco UK, eBay/Skype, Emirates, just to name a few. The network’s PR web sites are currently reaching from 150,000 to sometimes 500,000 unique visitors per month while our viral reach could possibly go to as much as 1M people per month through our presence across various social media sites. EPR Network was established in 2004 and as of May 2008 it had more than 800,000 press releases (pages) published on its network.

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