Atricle Dump - Business

Giving A Business Gift To Employees And Customers
You might be new in this company and what is being practiced in your previous company might not be applicable to the present company. It has been a practice to present corporate gifts to almost everyone that has to do with the company; here are some that you should consider on giving a gift, partners, employees, customers and

es Completely go over the end to end process $3.975B

Assuming remaining companies Remaining companies only go over steps 1 & 3 $1.75 B

Why Your Profit Margin Is Not Important
Profit margins seem to be main focus of executives and small business owners.Everyone from the CEO of General Motors to your average eBay seller is focused on it.But think fo what a profit margin actually represents. It’s not an indication of how much money you are actually making, it’s only a figure that tells w

I had a discussion with Erik Lie about the experiences with Stock Options Backdating (SOBD) and the economic impact of his work. According to Erik, at least 15% of the stock options grants between 1996 to August, 2002,were backdated. Some were within 30 days of the grant date, others more egregious. The number of companies though he said that were going to come clean would be far less than 15%. Here is what we came up with.

First the assumptions:

1. # of companies that actually are investigated or asked by the SEC (currenty June 03 is 42) by June 2006 = 100

2. # of companies that will complete the 3 step process of preliminary investigation, comprehensive audit and finally restatement of results (approximately at 30-50%) = 40

3. Approximate amount of time spent performing the initial investigation = 4-6 weeks.

4. Approximate time spent doing comprehensive audit = 20-32 weeks

5. Costs in back taxes, delisting, restatement, defending lawsuits & fines = 30% of cumulative value of option grants

6. Size of company assumed on average: $500M in revenues, 2500 employees, 25+ grants under inquiry

7. Grant value net = $15M per incident

If you want to do your own analysis (how much will this cost my company), feel free to use some of these estimations.

# Expense Item Description Cost

1 Initial Investigation Typically done by Board & Audit team $1.5 M 2 Communication expenses Economic impact of communication loss to company $4M 3 Audit fees Formal investigation fees for auditors $30M 4 Restatement costs Includes delisting, cost of documentation, $9 M 5 Taxes and fines Back taxes owed to IRS, Fines by SEC $15 M 6 Legal fees Defending lawsuits on backdating $20M Subtotal For each company, $500M revenue $79.5M Assuming 50 companies Completely go over the end to end process $3.975B

Assuming remaining companies Remaining companies only go over steps 1 & 3 $1.75 B

Rethinking Learning Retention - Organizational Learning on Steroids
Do you believe that employees drive company performance?Overall globally business faces at least 3 major internal challenges: attract and keep talent; actively engage existing employees;convert productivity lost due to internal infighting, silo turf wars, and destru

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1. # of companies that actually are investigated or asked by the SEC (currenty June 03 is 42) by June 2006 = 100

2. # of companies that will complete the 3 step process of preliminary investigation, comprehensive audit and finally restatement of results (approximately at 30-50%) = 40

3. Approximate amount of time spent performing the initial investigation = 4-6 weeks.

4. Approximate time spent doing comprehensive audit = 20-32 weeks

5. Costs in back taxes, delisting, restatement, defending lawsuits & fines = 30% of cumulative value of option grants

6. Size of company assumed on average: $500M in revenues, 2500 employees, 25+ grants under inquiry

7. Grant value net = $15M per incident

If you want to do your own analysis (how much will this cost my company), feel free to use some of these estimations.

# Expense Item Description Cost

Assuming remaining companies Remaining companies only go over steps 1 & 3 $1.75 B

Belize IBC Structure
The country is committed to remaining 100% attractive in terms of its ability to secure the privacy and wealth management of international companies who choose to incorporate and/or bank offshore in Belize. Shareholders and directors can be the same person or corporate entity, there is only one shareholder and director require

eks

5. Costs in back taxes, delisting, restatement, defending lawsuits & fines = 30% of cumulative value of option grants

6. Size of company assumed on average: $500M in revenues, 2500 employees, 25+ grants under inquiry

7. Grant value net = $15M per incident

If you want to do your own analysis (how much will this cost my company), feel free to use some of these estimations.

# Expense Item Description Cost

Assuming remaining companies Remaining companies only go over steps 1 & 3 $1.75 B

How to Avoid Long-Term Contracts When Buying Music On Hold
The easiest way to avoid long term contracts is to realize first of all, that there are other options available that may better suit your payment needs. Like different pricing models. Detailed below...Pricing ModelsThis is a very important topic because there are TWO ways in which you need to look at the c

ial Investigation Typically done by Board & Audit team $1.5 M 2 Communication expenses Economic impact of communication loss to company $4M 3 Audit fees Formal investigation fees for auditors $30M 4 Restatement costs Includes delisting, cost of documentation, $9 M 5 Taxes and fines Back taxes owed to IRS, Fines by SEC $15 M 6 Legal fees Defending lawsuits on backdating $20M Subtotal For each company, $500M revenue $79.5M Assuming 50 companies Completely go over the end to end process $3.975B

Assuming remaining companies Remaining companies only go over steps 1 & 3 $1.75 B

Top 5 Things To Look For In A Wholesale Directory
Do you know the TOP 5 THINGS you should look for in a Wholesale Directory..?1) MUST have a huge variety of goods including Products* Must have suppliers for at least 75 categories of goods.* Must have listed manufacturers, wholesalers and dropshippers* Must have legitimate and authentic suppliers fo

es Completely go over the end to end process $3.975B

Assuming remaining companies Remaining companies only go over steps 1 & 3 $1.75 B

The other part of the economic impact stems from losses in market capitalization. If you estimate currently (42 companies) lost over $63 Billion in Market capitalization (United Healthcare itself accounted for over 30% of this number) over the last 9 months. Assume that will be 50% less (since the bad news is out) for the remaining 50+ companies. The impact is another $31B. We also did a detailed analysis on this portion of the impact. Total Impact of Stock Option Backdating ~ $100 Billion.

For each company approximately = $50 to $100 Million in expenses.

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Owning two businesses seems like a good idea - potentially double the income, right? Doing it alone can be daunting! Read on to discover what does and does not work.

Establishing standards is critical to the success of every business. That is why numerous companies go for ISO 9000 certification, which is a series of globally identified standards and rules that define an effective quality system. ISO standards themselves do not perform assessments or audits to ensure that they are applied by companies in conformity with the requirements of the standards.

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