Archive for March, 2009

Bari, Galway & Shannon Climate & Temperature Soundbites

In the case of the Bari climate in the winter average temperatures in February have a range of between 5.3 and 12.7 degrees celcius. The temperature v...

 

In the case of the Bari climate in the winter average temperatures in February have a range of between 5.3 and 12.7 degrees celcius. The temperature values for the Bari climate increase in the springtime reaching a range of 12.9 to 22.2 degrees celcius in May. Summertime is hot and in August the Bari temperature ranges between an average minimum of 19.1 degrees and a maximum of 28.3 degrees. In the autumn Bari temperatures begin to fall and by November the temperature range is between 9.1 and 17.1 degrees celcius.

The Galway temperatures in the December winter month fall in the region of a minimum of 3.0 and a maximum of 8.9 degrees on average. After winter comes spring and the Galway climate warms with mean temperatures in March in the range of 3.2 to 9.5 degrees celcius. In June the summertime Galway temperature range is from an average low of 9.9 degrees to an average high of 16.9 degrees celcius. Average temperatures beging to fall in the autumn so that in September the Galway climate has records of mean temperatures of between 10.1 and 16.2 degrees low and high respectably.

In the case of the Shannon climate in the winter average temperatures in January have a range of between 2.6 and 8.2 degrees celcius. The temperature values for the Shannon climate increase in the springtime reaching a range of 4.8 to 12.7 degrees celcius in April. Summertime is hot and in July the Shannon temperature ranges between an average minimum of 12.0 degrees and a maximum of 19.4 degrees. In the autumn Shannon temperatures begin to fall and by October the temperature range is between 8.0 and 14.2 degrees celcius.

There are many Great Inventions that just sit on the Shelf

 

Nearly 15 years ago my father came up with an idea for a new invention which he thought was innovative in its concept and would be popular in the market place. As it would turn out his initial presumptions would be correct. He took his idea to a friend who had a factory, a prototype was soon made and applications for the applicable Intellectual Property obtained. What they had achieved up until now my father would describe as the easy part.

The next part was to find interested parties that were willing to develop, manufacture and build a retail network for the product both locally and overseas. This was easier said than done. There were many interested parties that all saw the merit of the invention and wanted to get involved but when it came to the crunch pulled out for one reason or another. As a consequence over a period of years my father and his friend eventually became less and less interested and eventually the invention was left to sit on the shelf.

From my perspective, I sat back and watched the story develop and build and then slowly die off. Although my first instinct was to try and get involved and help, I wasn’t qualified and didn’t have the skills required so. All I could do was sit back watch from the sidelines. This to me was frustrating seeing something with such great potential die away the way it did. It was very sad indeed.

It’s funny though how life can turn out and it wasn’t until just over a year ago that all the pieces finally fell into place. I’d gotten involve with a friend a year earlier promoting his invention on the internet and through a series of circumstances that evolved through my involvement in that project the final pieces of the puzzle suddenly fell into place.

What we needed to was now at our finger tips. To cut a long story short I went to my father and his friend with a business plan and now 1 year later we have everything in place to start manufacturing and retailing the product both locally and overseas.

As a consequence over the years I’ve witnessed firsthand just how hard it is to introduce a new invention to the marketplace and I’ve also become very aware that some of the key ingredients are obviously promotion, marketing and exposure to the market. Exposure can mean contacts and it also can mean sales.

Many new inventors and innovators believe the their new invention is the next best thing and expect the all that they have do is show it to someone and then 6 months later it will be a hit. Little do they know when they start on their journey exactly what is involved in getting it to the marketplace. Because the above ingredients are just so important I’ve decided to publish a new website. It’s called Inspirational Innovation. The idea is for inventors and innovators to submit their inventions so that they can expose them to the public, manufacturers and other interested parties. Inspirational Innovation is a platform to draw attention, promote and assist inventions to get the true recognition that they deserve and the best part about it is that it is FREE.

All the inventor has to do is register, write a short article, submit it and if it has suitable content it will be published. In a nutshell it is FREE publicity for inventors.

So if you are an inventor or innovator that has an idea or someone that has a new and innovative invention that is already in the marketplace and just want some FREE publicity, then submit your invention to Inspirational Innovation and get it off the shelf and out there in the public domain, where it really should be.

Why form a Company?

 

A company is a legal entity in its own right and therefore enjoys all of the commercial privileges of an individual. It can own properties, conduct business, invest funds in a variety of investments, and of course, be sued in a court of law.

The most common company is the proprietary company (identified by the letters “Pty. Ltd.”) and it must be incorporated under the federal Corporations Law. Two documents are prepared for every company which basically set out the objectives and ground rules of operation.

Owner/managers should have a working knowledge of these documents known as the Memorandum of Association and Articles of Association. The Corporations Law assumes that the directors will act within the stipulated rulings.

Ignorance is not an acceptable excuse at law. This means if you establish a company you should find yourself an accountant that knows what he or she is doing, or obtain a copy of the Corporations Law and Regulations and start reading. Because if anything goes wrong or you forget to lodge a particular form you can be fined.

Useful information can be obtained from the Australian Securities and Investment Commission (ASIC) in most capital cities. The ASIC is the government body that controls incorporation of companies and controls their activities (they replaced the old Corporate Affairs Commissions in each state).

You have found a business for sale, you have bought it and you are now considering forming a company. What are the advantages of a Company? The main advantage is the so called limited liability principle, where a company has separate legal status, the debts it incurs are its responsibility and not those of the shareholders. An example would be if two people set up a business selling “widgets” to the trade and do so by incorporating a company as their trading structure.
 
They then borrow $100,000 from an investor or financier to purchase stock. Now the investor decides NOT to take any security like a personal guarantee from the directors because the directors have offered him 30% return on the $100,000 invested.

Unfortunately, the business goes bust with nothing left in the business, no stock, no money, nothing of any value. The investor/financier has lost the lot. The directors have lost the business but do not have to pay back the $100,000, because the company owed the money, not them personally. This is one of the main advantages of a Proprietary Limited company, the Proprietor’s liability is Limited.

Now before you set up a company, borrow a million dollars and send it broke and retire to Spain, there are wide ranging laws these days for corporate fraud, and directors negligence and incompetence which could land you in Jail if you try to deceive an investor or commit fraud. So, don’t even think about it. For this reason, most companies you deal with will request a personal guarantee before they will sell you any goods.

Once signed, you will be liable for the debts of the company if the company can’t or doesn’t pay the bill, regardless of Pty. Ltd. Always try to avoid signing personal guarantees because if you sign one you have Just given up one of the main advantages of a company.

Try to compromise with the supplier on a lower initial purchase until the supplier is a little more confident with your paying patterns. Of course when you are the one offering credit (selling things to other companies), you always insist on a directors personal guarantee when dealing with small companies, particularly when dealing with large amounts.

If they don’t pay you, your own company could be in trouble paying it’s bills to someone else. So always be aware of how much unsecured credit you are giving and how many personal guarantees you’ve signed yourself (if any). You see the idea is to have others sign personal guarantees, but sign none yourself!

Trading as a company can often assist the management process by virtue of the fact that directors can be separate from the owners (shareholders). Also, their responsibilities and duties are spelt out in the Memorandum and Articles of Association and the Corporations Law and Regulations.

A company can, because of its separate legal status, trade indefinitely regardless of shareholders dying, becoming , incapacitated. Companies allow a great degree of flexibility when it comes to transferring a percentage of shares if required.

It is a relatively easy procedure to transfer shares or issue new shares. Under a company structure, it is very easy to have different classes of owners (shareholders). This may be desirable if you want to allow people the right to vote on company policy but not earn some of the profits or visa versa. It may be easier to obtain capital in larger amounts when a more formal trading structure such as a company is utilised.

There are of course some disadvantages, for instance, every company is required to file an annual return which gives details of the shareholders and directors. In companies where an audit is not performed, an abridged summary of the financial results is required.

The cost of an annual return will be around $200. Companies are costly to set up and will cost you between $700 and $1,000 depending who you use to obtain the company for you. A solicitor or an accountant can arrange this for you, but from my experience shelf company specialists are cheaper. Look up “Shelf Company Services” in Google.

These companies specialise in setting up companies and can arrange name changes, share class structures and any other individual requirements you may have. They cost about $800 to $1,000. You probably require an accountant to administer the company records for you, such as annual returns, company registers, directors and shareholder details etc. This could be as much as $1,000 per year depending on how complicated your company is, and this doesn’t include accounting services, this will be extra.

The company only requires one director who must reside in Australia as well as a company secretary, but one person can do both jobs. This makes life easy for the sole trader as he or she can be director, company secretary and shareholder all by themselves.

The ASIC can assist you with any questions you may have and have some excellent brochures and information they can send, so give them a call. The company secretary’s role is the administration of the company such as responsibility to lodge and sign tax returns, annual returns, maintenance of registers and lodgement of government forms. Most of this work is usually done by your accountant so don’t have a heart attack.

If you are looking for a Cairns MYOB bookkeeping service or Townsville MYOB bookkeeping service for your company, make sure you contacy Dollarwise Bookkeeping.

Best Diet For Fat Loss – the Healthy Way

 

Detecting the best diet for fat loss may look like an impossible chore but here are a few tips to help you on your fat loss journey and later I will share the best diet for fat loss secret with you.

There’s no doubt that many individuals ought cast off a few pounds. Wander around where individuals gather, you’ll see it. Don’t laugh. Regrettably you’re probably to see it in the mirror too. When your purpose is to discover the best diet for fat loss, keep a few simple matters in mind to drop the excess fat rapidly and safely.

When folk need to shed fat one of the most common things they do is to omit meals. It makes sense, right, reduce the calories by eating one less meal. Doesn’t burning fat come with eating lower calories? That’s right on but omitting meals is not the suitable process to reduce calories. Your body thinks it’s being starved when you omit meals. It goes into starvation mode. It begins to retain fat to countercheck what it perceives as a shortage of food.

When you skip meals you will finish up feeling starved at the next meal. The upshot is binge over eating. Skipping a meal plus binge feasting, then, will likely result in consuming additional calories and the body gaining even more weight from those calories than usually. It’s the worst of both worlds. Don’t omit meals. Do not do it.

Have a program on how much to eat. Portion control is just as significant as eating the right food. Excessive amounts of even a healthy food still results in weight gain. Portion control is difficult when big servings are so common. Restaurants serve ultra-large portions, as do most individuals at home. Sources such as the FDA list suggested daily allowances. Bear in mind serving size when you eat at restaurants, especially fast food restaurants. Do not ingest the total dish dished up at the eating place, or order less than a complete meal, such as soup and a salad.

Feed on more whole grain nutrients, omit the white grains such as white bread, sugar and white rice. Whole grains are full of nutrients and low in fat. The fiber in whole grains will make you feel fuller more speedily and stay appeased longer. Also complete grains contain many nutrients that are often deficient in individuals diets.

Drink more water. Substitute juice and pop with water since fruit juice and soda adds 90,000 calories to an average person’s diet every year. Drink water between meals too. The intention is 8 glasses of water every day. It appears like great deal, but it is not. Drinking water aids health generally by keeping you well hydrated and facilitating to prevent overheating.

Chew on healthy snacks between meals. The organic structure requires nutrients every three to four hours to maintain proper blood sugar. Eating nutrient rich snacks, such as fruits, aid in curbing hunger at meal times.

Getting hold of the best diet for fat loss to shed weight isn’t inconceivable with some education and planning. Keep these things in mind and pretty soon you will see a trimmer you when you gaze at your reflection.

Visit our site to discover the secret of the best diet for fat loss, safe weight loss product, best exercises to burn fat and receive a free fat loss mini ecourse.

This article is not intended to be used as medical advice, to diagnose or treat any illness. Please consult your medical expert for advice.