Starting one's own business can be the fulfillment of the American Dream. But it's also a risk that should be carefully calculated. According to the Small Business Administration (SBA), more than 50 percent of new businesses fail in the first five years. The SBA cites reasons such as lack of experience, insufficient capital and poor credit arrangements as some of the problems that plague new business owners.
Starting a new business requires sound preparation and homework. In addition to creating a strong business plan, new business owners need to give serious thought to finding a bank which can service their small business needs. While many entrepreneurs will invest personal money for their business, a business loan of some kind may also be needed. There may be SBA or other government-guaranteed loans the entrepreneur may consider. However, to access any kind of small business financing, one needs a solid business plan, good credit rating, and collateral to present to a bank.
Whatever the financial needs, it's important to recognize that one of the most important relationships a small business owner will develop is with his or her bank. Having the appropriate capital is a key element to a successful business. Therefore, this is one relationship for which an entrepreneur must give time and examination.
One place to begin is with other business owners. What banks do they recommend? Why? What types of services make them stand out from the others? Entrepreneurs should also consider the each bank’s specialties and determine which ones specializes in small businesses. A commercial realtor would not be utilized in the personal purchase of a home; and similarly, business owners should not select a bank focused solely on personal business needs. Rather, business owners should seek a bank which works actively with businesses. At the top of the list should be favorable interest rates and knowledge of the unique needs of a small business. It's not a bad idea to look at an average of at least ten banks.
Business banks offer special features such as night depositories, online business banking services, business checking, and commercial loans and lines of credit. It goes without saying that the bank should also be FDIC insured, which ensures deposits of up to $100,000 are covered by the government.
Some may be tempted to completely overlook a smaller or regional bank during their interview process. However, one should keep in mind that a small or medium-size bank may take the time to consider and provide a fledgling business with the cash needed to run the business. In some cases start-ups may find it's these banks that are more flexible and willing to offer credit. Some larger banks must maintain a more rigid philosophy in their lending practices, making it difficult for a new business owner to obtain financial support.
While the bank will be interested in obtaining a clear financial picture of a potential borrower, the borrower should also be prepared to examine the financial health of the bank. In developing an important relationship such as this, both parties need a realistic bottom-line look at the numbers. A small business owner should have a feel for his or her bank's primary source of revenue, as well as exposure to residential and commercial mortgages. In turn, the borrower should be prepared to present the bank with numbers on available assets and any personal or business debt. In today's market, banks are wisely tightening their belts and using caution when it comes to lending money. It is imperative entrepreneurs show their ability to pay loans and manage funds responsibly.
After a decision has been made and a business account established with a particular bank, it's a good idea to become acquainted with the bank's staff. Using a commercial transaction window regularly allows business owners to become familiar with the managers. Taking the time to remember names and faces will help bank staff remember you. A positive business relationship with a bank is a win-win prospect for both parties. And it's key to helping businesses overcome the certain challenges encountered on the road to success.
Anything that bothers your neck is a risk factor for migraines. Migraines affect you ability to think. People that have migraines, migraineurs, have bodies that are more sensitive to light, sound, smell, food, and/or stress. Stressing the neck is not a good thing. Prolonged positioning of the head in a manner that strains the neck can lead to increased migraine activity. Increasing migraines can result in further progression of the migraine syndrome. The migraine syndrome may include headaches, sinus pain, neck pain, temporomandibular joint (TMJ) syndrome, irritable bowel syndrome (IBS), palpitations, vertigo, hypoglycemia, panic attacks, and even fibromyalgia.
I cannot emphasize enough the importance of good posture. If you have played in the band or orchestra, sang in a choir, or played the piano, what is the first thing you are instructed to do? Sit up straight! Sit on the edge of the chair or bench and maintain an erect posture. What is an erect posture? Erect posture is not simply straightening up and holding your head up. When a photographer takes your picture, he will tell you to do three things. “Sit up straight, bring your chin down, and smile.” He tells you all three because nobody wants to take a picture of your nose hair. If you are accustomed to slumping over, when you straighten up, your angle of your head and neck does not change much unless you make a conscious effort to change it. Your eyes are level and you think your head is level; however, it is not. Therefore, I recommend practicing in front of a mirror. Hold your head level and maintain the curve in your lower back as well as the curve, as best you can, in your neck. These curves should be pointing toward the front and not curving back.
The easiest way to sit up or stand properly is to imagine a string attached to the apex of your head and it is being pulled upward. The apex of your head is a lot more toward the back than you probably think. It is right above the top of your ear. Now stretch your string attached to the apex of your head and you will find that you will lift up approximately an inch or more. If you are walking with your head in the air like it should be, then you will not drag your feet anymore. You did not know that you were dragging your feet?
It is extremely important to the happiness of your neck to have proper posture. I will try to drive this point home. Frequently, I will ask patients to hold their arm out at 90 degrees. I ask them to leave the arm in that position until I return to the exam room in about 15 minutes. They look at me like I am crazy. They certainly would not be able to hold their arm out for 15 minutes. I will put my hand on their shoulder and tell them that their muscles will get tight and begin to cramp, and that they will not be able to hold their arm out for that long. Then I tell them that their head weighs approximately 15 pounds. When they hold it out like a Ninja turtle instead of a good military posture, it is just like holding the arm out. When they feel like slumping and holding their neck out, they need to hold their arm up and see how long it takes to cramp. They usually get the point.
I strongly encourage you to maintain erect posture for the health of your neck, back, and ultimately your thinking—yes, even your thinking!
Not able to uninstall Trend Micro Internet Security
Trend Micro Internet Security I am trying to upgrade my PC to Windows 7. The upgrade says that I need to first uninstall a program called Trend Micro Internet Security. This program came on my computer when I bought it, but I deleted the files. I tried to uninstall it, but the program kept reinstalling, so I changed the file name so it wouldn't load, then deleted the directory where the file was stored. Now I can't find the file to "uninstall" so I can upgrade. Is the Trend program still listed in my register, and if so, how do I eliminate the necessary entry?
Keys to the Problem Not able to uninstall Trend Micro Internet Security
After doing all you did, I don't know if this program will help, but it can't hurt. App Remover http://www.technibble.com/appremover-repair-tool-of-the-week/ AppRemover is a small, free and portable utility designed to be a single removal tool for a huge list of security products. It can remove products made by Avast!, AVG, Avira, BullGuard, CA, ClamWin, ESET, F-Secure, Kaspersky, Lavasoft, McAfee, Microsoft, Norman, Panda, Sophos, Symantec, TrendMicro, TrustPort, Webroot and many more.
I must have done something wrong while creating a new Template, and now the regular numbered list button (Word 2007) changes the text into a Heading style, instead of into a regular numbered list. These Templates included numbered Heading styles and regular list numbering. I have tried everything I can think of to correct the problem, but without success. I create all the Templates used in the company I work for, and it seems the problem is now in all of my Templates, at least when I open them from my computer. I'm at my wits end. I know I can create a style to work around it, but all of the other users (engineers, not secretaries) will not know how to use it. I really need to get the numbered list back to normal. Any ideas?
Anwsers to the Problem Numbered list changes text to a Heading style