Hassle Free Insurance » Small Business Insurance

Disabled Homebound with Bad Credit Needs Help Financing Web Projects.?

Anonymous — Tue, 28 Jul 2009 02:13:24 +0000

worked 25 yrs, in car accident 3 yrs ago, nominal settlemeny allowed medical bills to be paid and money to support children and ex spouse. small amount left invested in quality computer. household neccessities. medicine and clothes. Prior work as a professional magician, salesman at promotional products company. Customers were Hewlett Packard, Sapp Bros. Truck Stops, Central Hockey League, and many more. From the good working income to {content} overnite and no heath insurance. I learned how difficult bit is to get around to all the neccessary private and public agencies to survive. Homeless penniless and injured. 3 yrs later I can again walk talk read and write. I have 7 solid unique web based business ideas for the poor elderly or disabled to do from home or RV legitimately. Please help . I thank you for your time in advance

I Am 40 Yrs Old with B.Com. 25yrs Experience in Marketing/Sales/Production/Retail/Exports?

Anonymous — Mon, 27 Jul 2009 10:49:32 +0000

In order to go further in my career, I have planned to take up MBA. I need some guidance about which subject can PAY MORE in today’s international Market. I am based in HK as of now and am planning to move to Canada or Australia or Singapore after doing my MBA.

Major Subjects to be chosen from:
Accounting
Business Law
e-Business
Environmental Management
Finance
Human Resource Management
Information Systems
International Business
Leadership
Marketing
Occupational Health and Safety
Personal Financial Planning
Project Management

I have been into SALES throughout my career and have handled most challenging situations successfully. However, I feel if I do MBA with Major in Marketing, I may only be repeating or polishing what I already know. But if I do Personal Financial Planning (which guides in Insurance and Investments), then I may add to my Sales feature a feature of selling Insurance/Investments/offering Financial Services.

Please suggest me which Major subject may be the best to see a faster growth in a career like mine. You can post your questions and I will reply back for a further feedback.

I shall be very thankful to all of you who will take out their precious time to guide me. Thank You in Advance!

I Am Considering Purchasing an Established Business. Can you Give Me some Advice?

Anonymous — Mon, 27 Jul 2009 04:26:32 +0000

I am considering the purchase of an established commercial mobile car wash. The clientele includes all the new car dealerships in town as well as some fleet accounts, etc. As it is, it generates enough income to pay three employees, maintain the equipment and purchase supplies, carry an insurance policy,carry a 00/month note payment and pay me 00/month to run it. If I let one employee go, I would make an additional 00/month by working as an employee. I have a business meeting with the owner tonight to look over the books and accounts more throughly. As the owner ( Darryl) works closely with my boyfriend ( my boyfriend is the "boss" in one of Darryl’s business ventures), he has committed to completely owner financing the purchase, and will require nothing down. I know I need to consult an attorney, set up business banking accounts, hire an accountant ( because I would significantly screw up the books if i did them). If YOU were in MY shoes, what else would you do? What questions would you ask Darryl? I am going to spend a week being one of the car washers so I will understand the whole business from every angle possible. Helpful advice, stories with similar experience,etc would be appreciated. Obviously, I have never owned a business, much less been an employer. Oh, I’m in Utah, if that changes anything.. as far as laws, etc.

What Will Happend to all Insurence Holders From AIG, If the Company Does Not Make It? ?

Anonymous — Mon, 27 Jul 2009 04:26:28 +0000

US insurance giant AIG raced against the clock to avert collapse Tuesday after three blows to its credit standing, and central banks pumped out 160 billion dollars to prop up financial markets.

AIG was at risk of following Lehman Brothers into bankruptcy despite approval for it to borrow 20 billion dollars and as report said the Federal Reserve had asked two banks to help provide 70-75 billion dollars.

Markets, investors and savers around the world focused on AIG to see if it would be the next failure in the firestorm from the shocks on Wall Street on Monday, when another investment bank Merrill Lynch was bought out of trouble by Bank of America.

Economist Jeffrey Sachs of Columbia University warned: "There is more ahead. The US economy is definitely going into recession … There’s more financial turmoil ahead."

Stock markets fell for a second day on widespread recognition that the financial crisis is the worst since the crash of 1929. The fall in Europe was smaller than on Monday but Asia markets plunged and bank shares everywhere were showing big losses.

AIG was in the eye of the storm as the European Central Bank, and British and Japanese central banks injected 160 billion dollars so that banks, reluctant to lend to each other, have funds.

The US Treasury, as it had done for Lehman, ruled out using taxpayer money to prop up AIG.

The Wall Street Journal, citing people familiar with the situation, reported that on Monday the US Federal Reserve asked Goldman Sachs Group and JP Morgan Chase to help make 70-75 billion dollars in loans available to AIG.

New York state has thrown the only lifeline of sorts to AIG, announcing Monday that the company can, in effect, loan itself 20 billion dollars, by borrowing against its assets.

But even that failed to reassure credit rating agencies. In blow after blow late Monday, the three main agencies — Standard & Poor’s, Moody’s and Fitch — lowered AIG’s credit score.

Bottom line: they judge the solvency of AIG, the largest US insurer, with a global reach, at risk.

As a consequence, AIG will need to raise huge amounts in new capital to survive, although it already has sought billions of dollars to keep it going.

The Wall Street Journal reported Tuesday that people close to the situation say AIG may be forced into filing for bankruptcy if it cannot raise the money by Wednesday.

"The situation is dire," an anonymous source close to AIG told the Journal.

The three ratings agencies gave essentially the same reasons for the downgrade: the US housing crisis, to which AIG is highly exposed, and its share freefall.

On Monday AIG shares plummeted 61 percent to 4.76 dollars; they have lost 93 percent of their value in a year.

"The rating actions reflect Fitch’s view that AIG’s financial flexibility and ability to raise holding company cash is extremely limited," Fitch said in a statement.

Standard & Poor’s Ratings Services lowered its long-term counterparty rating to ‘A-’ from ‘AA-’ and its short-term counterparty credit rating on AIG to ‘A-2′ from ‘A-1+’ according to a statement. Moody’s downgraded AIG to ‘A2′ from ‘AA3′ and Fitch lowered its rating to ‘A’ from ‘AA.’

Far more than other insurers, AIG has been a big player in a complex parallel market called credit default swaps (CDS), financial instruments in which Wall Street companies take out a form of market insurance against the risks of bond default.

These products, often linked to the US real-estate market, are at the heart of the current banking crisis and have led to massive write-downs of assets around the world.

AIG alone has written down 25 billion dollars amid spiking defaults on US mortgage payments in the United States.

In a filing with US market regulator, the Securities and Exchange Commission, AIG said it would need 13.3 billion dollars to meet its CDS obligations, if S&P and Moody’s lowered its rating a notch.

Moody’s, in a dire warning, said that "further downgrades of the parent and certain operating units are likely if the immediate liquidity and capital concerns are not fully addressed. Such downgrades could amount to multiple notches."

The stakes are high for a company that until only recently had been long considered the world’s largest insurer. In the past year it has been battered by the global credit crunch and the worst US housing slump in decades.

AIG has 74 million customers worldwide, most of them American, who would find themselves without insurance if the company goes bankrupt. It employed 116,000 people in 130 countries at the end of 2007.

According to US media reports, among the assets AIG is hoping to sell is its aircraft leasing business, International Lease Finance Corporation, which has a fleet of 1,000 planes.

http://www.msnbc.msn.com/id/22425001/vp/26735472#26735472" frameborder="0" scrolling="no">
http://www.msnbc.msn.com/id/26746909/
AP Sources: B gov’t bailout of AIG imminent By IEVA M. AUGSTUMS and STEPHEN BERNARD, AP Business Writers
1 minute ago

The government is expected to announce an billion bailout of the huge insurer AIG, people with knowledge of the situation said Tuesday, in a bid to avoid further market upheaval. An announcement from the government about the plan was expected by 9:30 p.m. EDT, the people said.

If AIG had failed, it could have triggered a wave of problems for banks around the world and opened the ugliest chapter yet of the financial meltdown that has slashed billion of dollars from global stock markets.

The people, who asked not to be named because of the sensitive nature of the negotiations, said bankers and federal officials had decided a government bailout of American International Group Inc. was the best solution to save it from collapsing.
The people said the Federal Reserve would receive warrants that could be exchanged for an ownership stake in the company in return for its billion loan. The ownership stake could total close to 80 percent of the New York-based insurance company, one of the world’s largest.

Earlier, Federal Reserve Chairman Ben Bernanke and U.S. Treasury Secretary Henry Paulson met with Sen. Christopher Dodd, D-Conn., Majority Leader Harry Reid, D-Nev., and House Republican leader John Boehner of Ohio, to brief them on the government’s option.

Bernanke and Paulson left the meeting without commenting.
"At the administration’s request, I met this evening with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke. They expressed the administration’s views on the deepening economic turmoil and shared with us their latest proposals regarding AIG," Reid told reporters. "The Treasury and the Fed have promised to provide more details in the near future, which I believe must address the broader, underlying structural issues in the financial markets."

On Tuesday, shares of the insurance company swung violently as rumors of potential deals involving the government or private parties emerged and were dashed. By late Tuesday, its shares had closed down 20 percent — and another 45 percent after hours. Still, no deal emerged.
The problems at AIG stemmed from its insurance of mortgage-backed securities and other risky debt against default. If AIG couldn’t make good on its promise to pay back soured debt, investors feared the consequences would pose a greater threat to the U.S. financial system than this week’s collapse of the investment bank Lehman Brothers.

The worries were triggered after Moody’s Investor Service and Standard and Poor’s lowered AIG’s credit ratings, forcing AIG to seek more money for collateral against its insurance contracts. Without that money, AIG would have defaulted on its obligations and the buyers of its insurance — such as banks and other financial companies — would have found themselves without protection against losses on the debt they hold.
"It might not just bring down other financial institutions in the U.S. It could bring down overseas financial institutions," said Timothy Canova, a professor of international economic law at Chapman University School of Law. "If Lehman Brother’s failure could help trigger AIG’s going down, who knows who AIG’s failure could trigger next."

New York-based AIG operates an insurance and financial services businesses ranging from property, casualty, auto and life insurance to annuity and investment services. Those traditional insurance operations are considered healthy and the National Association of Insurance Commissioners said "they are solvent and have the capability to pay claims."

I Am Buying an Insurance Agency. Need Advice ASAP!?

Anonymous — Sun, 26 Jul 2009 02:32:18 +0000

A friend of mine offered to sell me his book of business. In about 12 months, he built a M book with over 3000 clients mainly P&C pers lines. To say the least, it will be a problem book that will require lots of work. IE. invalid discounts offered, low limits, bad service, underinsured homes, etc. Service is my strong point and do believe that i can salvage about 50-80% of the business. He is offering it to me at very low risk…Here are the details. 10K down (owner financed for 36 mo 0% interest). I pay him 50% of the renewal commisions every mo for 36 mo with no minimum guarantee on his part and the most i would have to pay is 190K, whichever occurs first. Also, I have to take over his lease which is approx 1K/mo for 5 years. He has non competes from him and his producers. I am too inexperienced to make this decision on my own. Please give me any advice and your thoughts. Thanks.

What Steps Do you Take to Open a Car Dealership? Government Financing?

Anonymous — Sun, 26 Jul 2009 02:32:12 +0000

My husband would like to open up his own used car lot. What are all the steps he would have to take, and how does he do them? I know he needs numerous licenses and insurance and dealer tags…how does he go about it all? Also, I know the government provides grants to those wanting to start their own business….does anyone know hot to go about this?

Contractor Being Sued By Owner/Builder Just 3 Days Before the 10 Year Statue of Limitations. Any Hope?

Anonymous — Sat, 25 Jul 2009 07:01:33 +0000

Owner/builder pulls building permit and signs permit as Owner/builder, then hires contractor for $ 250K project. Project started 01-06-1996, completed around 11/30/96. Owner/Builder screened all sub contractors before hiring. Owner then instructs contractor who to hire. Some sub-contractor payments are paid by the contractor and some are paid by the owner. On January 03 2006 the Owner/builder files suit against the contractor for defects, the amount is more than double the amount he received. A lawyer has been hired. Lawyer has spent thousands of dollars (from the contractor), now asking for more, with no hope in site. Trial date set for January 2007. Note: Owner has won mutiple lawsuits with insurance companies, general liability for contractors and homeowners for work completed on her permanent residence. We are at a loss, is there any hope for the small business owner against the property owner who uses insurance claims to finance their next project.

Who Wants to Form a Group of Teen Entrepreneurs with Me in Order to Start a New Business in Houston/Internet?

Anonymous — Fri, 24 Jul 2009 23:37:12 +0000

I have been trying to start a business for years, but I am always either short on finances (I pay 0 a month for car insurance without a steady income) or it would be a lot easier once I’m 18… So I decided that if I can get a group of teens together, we could come up with a good idea and see if it works.

I would prefer to get a group together in Houston so that we wouldn’t be restricted to the Internet, but if you live outside of Houston it will be easier to recruit from all around the U.S….

E-mail me at titans8904@yahoo.com if you have an idea/want to join or just post here…

Do you Agree that Wal Mart Wants the People to Pay their Taxes Do you Agree with these Statements Against WM?

Anonymous — Fri, 24 Jul 2009 09:02:55 +0000

Wal-Mart’s Business Plan

"Let the American taxpayer fund our expenses"

Wal-Mart is the second coming of the 1920 Robber Barons

Wal-Mart Is The Ultimate Predator

It has destroyed 100,000 small businesses, is breaking the union movement, has shipped massive amounts of jobs overseas, and has the news media in it’s pocket. They are a version of the Pullman Company, but much more dangerous.

Wal-Mart’s Lives On It’s Facade

The image of "Sam Walton was just a good old boy" and "Wal-Mart is just a warehouse" is total propaganda. Wal-Mart is peddling the same nonsense the Bolsheviks/Communists used in talking the Russians into destroying their country. Wal-Mart wants you to believe that the company’s efficiency, and size, are responsible for the low prices, but that is total BS.

Wal-Mart’s price advantage

Third World Countries

This girl makes .20 an hour. She replaced a Tennessee housewife that made .40 an hour, plus health insurance benefits. The housewife paid taxes which paid for local schools.

You may be buying a item for , but it is slowly wrecking your economy, and eventually you will be paying full price. Nike shoes pulled the identical scam, when it gave you sneakers for , but as soon as they bankrupted their competitors, you were paying full price.

A Look At Wal-Mart’s Costs

Wal-Mart does 0 billion in annual sales, and 0 billion of it is the cost of merchandise, and the rest is land, buildings, advertising, etc. Wal-Mart employs a staff of attorneys and accountants, whose sole function is to shift expenses to the Federal, State and local governments aka the tax payer. States pick up health insurance, unemployment taxes, real estate taxes, electrical, bond financing,etc.

They will negotiate a special fee from their electric power supplier, and guess who picks up the tab.

Outsourcing To The Third World Is A Giant Swindle

Income Taxes

Most of Wal-Mart’s 0 billion in merchandise is not made in America. 60% is from out of the country. Their suppliers may be in America, but the merchandise, or major components, are made offshore. Not only does a supplier get cheaper labor, but there are income tax considerations and lax accounting practices. When you trans-ship a product through a ‘No income tax country’, you inflate the bill and pay less income tax in the US.

The trans-shipping swindle

Made in China Inc Tax
Made in America Inc Tax

Pair of sneakers’ cost $ 6.00 Pair of sneakers’ cost .00
Sold to Cayman Corp .00 Sold to US Store .00 .50

Sold to an US store .00
Sold to customer .00 .50

Sold to customer .00 .50

======= =======
.50 .00
Their Federal Income tax on the sneakers is .50 instead of .00.

Nike, which could be considered to be a "baby Wal-Mart", with it’s Chinese factories, should show a profit of billion on sales of billion, but strangely it only shows a profit of .5 billion. China not only provides cheap prices, but enormous opportunities for scamming thanks to trans-shipping and no accounting regulations.

The Consumer Swindle

When the pair of sneakers leave China, it costs .00, but once it enters the ‘Sea of Trans-Shipping’, and the ‘Land of Mystery Expenses’, the cost skyrockets to .00.

Employee Taxes

Chinese worker
American worker

Base Wage $ 1.20 Base Wage .60 = $ 30,300
F.I.C.A. $ .91 = $ 1,800
Medicare $ .18 = $ 363
Fed Unemployment tax $ .73 = $ 350
State Unemployment tax $ .92 = $ 800
Paid Vacation $ $ 1,680
State Income tax $ 1,500
Health Ins $ $ 8,000
Annual cost $ 2,500 Annual cost $ 42,000

By outsourcing the production to China, you have avoided ,250 in taxes that pay for schools, unemployment, Social Security, Medicare and public services.

Typical Mayor

Typical incentives Wal-Mart gets

States and political hacks prostrate themselves to get Wal-Mart stores in their areas. They will forego 10 years of state income taxes, five years of property taxes, build the infrastructure (roads and power).

Why will local politicians go along?

A super center can cost ,000,000, and the average skim is 10%. Whose family owns the land Wal-Mart builds on? You have the general contractor who hires favored subcontractors, and there is lots of room for ghost employees and service contracts. There is the always the next election. The same newspapers, that overlook Wal-Mart’s predatory practices, can quickly destroy a political career.

Governors Agree…… "What’s good for Wal-Mart is good for my state".

Wal-M

The Best Deal for Miracle Loans?

Anonymous — Fri, 24 Jul 2009 06:47:37 +0000

I have searched all over the internet for the absolute best offer.
So far the best I found was at http://moveto.ws/hd1m25mjm
Anyone know of a better deal?

I have searched:

Miracle loans
http://moveto.ws/hd1m25mjm

borrow money
borrowing money
borrow money loan
borrow money fast
borrow money online
borrow money from
money to borrow
need to borrow money
borrow money today
borrow money bad credit
borrow money quick
borrow money now
banks borrow money
borrow money tax
family borrow money
borrow some money
business borrow money
can borrow money
borrow money against
borrow money cheap
where to borrow money
how much money can i borrow
borrow money as
borrow money at
borrow money at a
borrow money com
borrow money online com
www borrow money
www borrow money online
borrow money directly from
where can you borrow money
borrow money interest
microsoft borrow money
borrow money do
borrow money and don
borrow money and i
i borrow money
www borrow money online com
borrow money on line
and borrow money
companies borrow money
bank borrow money
borrow money from another
borrow money from credit
borrow money from a credit
where can i borrow money
lend and borrow money
lend borrow money
borrow money for free
borrow money and pay back
borrow any money
borrow money by
borrow money bad
borrow money without a job
borrow money without credit
borrow money for a
borrow money without collateral
friend borrow money
friends borrow money
need to borrow money fast
borrow all the money
borrow its money
borrow free money
borrow money directly
borrow the money
borrowing money against life insurance
borrow money from life insurance
borrowing money against
borrow money agreement
borrow money even
advisable to borrow money to take a cash
borrow money for the
borrow money from china to pay
borrowing money from 401k
borrow money contract
advisable to borrow money to take a cash discount
borrow money without credit check
borrow money and not
borrow loan shark money
borrow money private
loan money
personal loans
lending money
borrow
short term loan
borrow loan
loans
short term loans
bad credit loan
personal loan
bad credit loans
unsecured loan
unsecured loans
secured loans
unsecured personal loan
online loans
payday loans
payday loan
cash loans
lending
cash loan
mortgage
pay day loans
debt
fast cash loans
money lenders
borrow cash
personal lending
get a loan
family loans
secured loan
quick loan
bad credit
borrow loans
private personal loan
loans for people with bad credit
no credit check loans
fast cash
instant loans
loans for bad credit
bad credit unsecured loan
unsecured bad credit loans
small personal loans
unsecured personal loans
bad credit personal loan
small personal loan
unsecured personal loans bad credit
personal bad credit loans
unsecured personal loan bad credit
personal loans for bad credit
bad credit cash loans
private loans personal
military loans
fast loans
personal loans document
secured personal loan
money to lend
how much can i borrow
payday advance
faxless payday loans
personal business loans
loan to family member
payday loans online
i need money
pay day loan
fast money
cash advance
debt consolidation
personal financing
money
debt settlement
poor credit personal loan
quick cash loans
cash money
poor credit loans
home improvement loan
intra family loan
private lending
business loans
loan
family loan
loan companies
to lending
bank loan
borrowing
circle lending
p2p lending
loan rates
borrow debt
bank loans
borrow credit
lenders
lend money
private loan agreement
lender
private lender
loans to family
mortgage loan
home loans
home loan
bankruptcy loans
mortgage companies
personal loan bankruptcy
debt free
secured money
bad debt loan
loan to family
online loan
bankruptcy loan
credit money
unsecured money
mortgages
loans to family members
lending money to family
unsecured lending
credit
personal loan document
quick cash
homeowner loan
credit loans
quick bad credit loan
bad credit loan companies
bad credit payday loan
bad credit loan secured
bad credit home loan
bad credit auto loan
bad credit car loan
bad credit loan lender
loan for bad credit
guaranteed bad credit loan
instant bad credit loan
fast bad credit loan
short term bad credit loan
personal loan with bad credit
bad credit unsecured personal loan
loan for people with bad credit
personal loan for bad credit
bad credit loan rates
bad credit loan online
bad credit loan approval
bad credit loan lenders
bad credit signature loan
bad credit cash loan
bad credit loan money
easy bad credit loan
bad credit loan mi