What is the Difference Between a Credit Union and a Bank

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Banks and credit unions seem very similar to most people. They both offer deposit accounts and various types of credit. They have many of the same services, telephone banking, online banking and ATMs; but there are some major differences between the two. If youre wondering where to turn for your next personal loan or arent sure where to open a savings account consider the following differences between a credit union and a bank.

Credit Unions

A Credit Union is a member-owned not-for-profit financial cooperative governed by a Board of Directors elected by the credit unions members. The members of a credit union usually have something in common, such as living in the same geographical region or belonging to the same organization.

Credit Unions offer everything from checking and savings accounts to small business loans, car loans, mortgages, personal loans, and more. A credit unions main focus, however, is on savings and it will usually offer higher interest on savings products than a bank. A credit unions not-for-profit status means that any income it earns is given back to its members, usually via lower interest rates and fees.

Banks

A bank is a stockholder-owned financial institution. Its main goal is to make its investors money and it does so by investing its customers money or lending it to other customers. When you make a deposit at the bank you are essentially loaning money to it. The bank pays you back in interest for that loan but the rates vary depending on the bank (consider that 0.05% youre now making on a savings account you opened several years ago when interest rates were much higher).

Banks also make their money in fees (ATM fees, overdraft fees, late payment fees, etc.). Banks carry the same products as credit unions, deposit accounts, IRAs, credit cards, and so on, but unlike a credit union, a banks products are FDIC insured. (Credit unions are insured by the National Credit Union Administration (NCUA) so funds are still guaranteed should the credit union fail).

While it may seem that banks and credit unions both offer the same products and the only difference is in who owns them, credit unions lead the way when it comes to service. Surveys of bank customers and credit union members consistently show a higher rate of satisfaction among credit union members. And while banks are often able to provide more convenience, in that they typically offer more branch locations, customer satisfaction is not as high.

Starting a small business online,500in15,500 in15 review

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Starting a small business online

How to take the first steps to starting a small business online. Today you can easily access anything from online shopping to job information online with just a click of your mouse.

If you already have an idea of the kind of business you plan to start you can begin by researching on the internet to see if this is something people are really searching to buy. You need to establish there is a demand for your idea. If not, however good you think it is, it is not likely to be successful.

If you are not sure exactly what your business will be you can browse the internet to find ideas. You can also visit your local bookstore and look for books and magazines on topics of interest to you. Again you should make sure there is a large group of people, or market, for this product or service.

By browsing the internet and clicking on a few sites of interest to you, it is easy to start an avalanche of information flowing into your email inbox. If you are venturing online for the first time and you have no previous experience it is very easy to feel overwhelmed very quickly. Most people seem to experience what is now referred to as “information overload” at some time.

One way round this problem is to look for an online marketing offer which will help starting a small business online a little easier. There are many online marketers offering a solution to your problem but how can you choose a good fit for you? Beginners in the online business field are often referred to as “newbies” so this is a good place to start.

You should look for an offer that concentrates on the basics for any online business rather than the latest trend at this time. If you can find a course that will take you step by step from the creation of your website, setting up your offer and getting visitors to your website this will reduce the time it takes. Why start from scratch when there are plenty of proven systems that work already.
I highly recommend you stick to one method to start with.

Enjoy the 5 minute video

We Want Entrepreneurs Exhaust All Financial Aid Offered by the Government of Cospedal

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Highlight the gradual increase in the number of autonomous, corporations and the decline for third consecutive month of unemployment data

Spain, June 12, 2013 – The Minister of Employment and the Economy of the regional executive, Carmen Home, said today that the Law on Entrepreneurs, both in its regional and national responds to the needs of entrepreneurs and help accelerate the development of our economy.

In this regard, he said that there were many obstacles that previously prevented the employer was launched to start a business, but now, thanks to the measures taken, any entrepreneur can start your project with a simple communication prior or statement charge, making all the arrangements in the same website, you will not risk all their personal assets and pay VAT on invoices that have not been collected. In his view, these measures will contribute to that those entrepreneurs who had doubts, definitely are launched into the world of entrepreneurship.

On trade, Casero said the Governments objective is Cospedal modernize the sector and increase competitiveness. As an example of this commitment, Casero recalled the launch of two lines worth 2.5 million euros to cover the cost of salaries for workers who are employed by small businesses during the twelve Sundays or holidays that can open their doors annually, or overtime pay if the worker is already part of the template.

Within this line of support, Casero also highlighted the five actions under the Investment Plan and Employment Creation on the introduction of new technologies and the use of electronic commerce, the promotion of quality in trade, with the intended enhance the design of products that can be marketed, promoting priority trade areas, and the establishment of cooperatives between business formulas that make the sector.

Good economic data During an interview in Castilla-La Mancha Television, Home has been worth that freelancers in our region continue to exist high, the pace of hiring good-more than one million contracts since the beginning of the legislature, and the index of corporations, superior in creating regarding business mortality, as well as more than 200 people a day in recent months have found a job.

Finally, the Minister of Employment and the Economy has also stressed that macroeconomic data indicate that things are changing. Sales of industrial production in Castilla-La Mancha, the increase in sales of commercial vehicles or business confidence index indicate that the situation is corrected and we glimpse a better future, he concluded.

Press Contact: Consejeria de Empleo y Economia Media Relations Consejeria de Empleo y Economia Address: Avda Ireland No 14 512-212-1139

Overseas Trade Ea Trading Myth – They Help Make Substantial Positive aspects – They Do Not, Every W

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The monetary slowdown within the current instances has urged guy to be quite diligent and professional in managing his or her personalized finances. They’re compelled to juggle with a number of business enterprise platforms. Thus Foreign exchange EA trading has turn out to be a blessing for the Foreign trade business.

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The benefits with the expert adviser application usually are one explicit the investor should not be burdened together with brokerage service fee or service expenses. Secondly, it could be run on just about any laptop computer or computer program or cell phone. Thirdly, it analyzes the prior market and might make it pertinent for the present marketplace tactics. Fourthly, it is unperturbed on account of virtually any emotional crisis and makes objective selections. Fifth, the cease loss options assist to increase the revenue and reduce the loss.

This software program package is drastically commercialized and infrequently perform very well. His or her efficiency is very distinctive from your again once more check outcomes. The software program program could be chosen only from stay on the internet revenue account and avert from falling right right into a scam.

Stealth Forex Signals

Precisely what does the software program package really do for that shopper is the fact that the 2 the buying and providing of stock along with a number of forex stock is carried out devoid of human intervention? They do assist to make large profit by means of the funding capital.

The computer software program package ought to be truly customized and particular person friendly. The shopper support needs to be easily readily available. The cash again guarantee schemes should be availed. An authentic developer actually ought to supply fairly a bit of standards to generate the product productive, simulated accounts may very well be operated to test the top quality. The Help forum is normally formulated to voice his or her reactions. The purchaser is likely to be educated with the video and PDF message boards. It might be useful to get experiences of legendary giants who’ve bought the precise time investigated application.

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To interrupt the ice with regards to the Forex EA trading, it is extremely good to undergo the Foreign exchange Computerized robotic opinions, have in thoughts experiences of legendary giants that have obtained the real time researched software and been effective.

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New Coaching Course Freedom Formula 8 Helps Entrepreneurs Make a Realistic Income Tapping into th

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West Palm Beach, FL – 21 January 2013 – Ryan Moran, a renowned Internet Entrepreneur and marketing coach, announces the release of his new coaching course “Freedom Formula 8.” The new course is designed to help Entrepreneurs finally master one of the many ways to make a realistic income online and to show them how to control their income so that they can control your life.

-This coaching course is for Entrepreneurs looking to improve on their online income results and build a sustainable income in just 8 days,- said Brian Owens, one of the coaches on this course. -It provides valuable proven insider information on how to pick a profitable niche online, turn the guaranteed traffic source into recurring customers in just 8 days.-

Highlights from this Freedom Formula 8 coaching course include:

-the 8 exact steps that Ryan uses to create his successful niche businesses online

-how to be in control of your financial health

-how to turn the cyber shopping mega trend into money in your pocket

-follow a proven roadmap with guaranteed results

-start to make money in a little over a week

Brian also says in his Freedom Formula 8 Reviews, -The best part of Ryan’s course is that even someone who has never tried to make money online could follow the instructions and have success. You don’t need to be an expert, so if you’re looking for something geared towards beginners, this is the course for you-.

The course is available at at just $47 and with your purchase you will get a special bonus report -Convenient Commissions- that shows you a live case study on how to build a website that generates thousands a month.

The coaching course is run by Ryan Moran and a selected group of mentors. Ryan Moran is a successful internet marketer.

About Brian Owens

For the last 5 years, Brian Owens of has been working with internet entrepreneurs teaching profitable marketing strategies online and is one of the coaches on this new coaching course, Freedom Formula 8.

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Contact: Brian Owens
Company: Brian Owens Biz
Address: 2064 Pleasant Hill Road, West Palm Beach, FL 33409
Phone: 561-966-5983
Email:
URL:

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Why Use a Small Business Bank

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One of the most important decisions a small business owner, or any business owner for that matter makes is what bank they are going to use. Small business banking provides a wealth of financial services beyond simple deposits, check writing, and withdrawal. Many small businesses need to establish a line of credit or perhaps even take out a loan. Another one of the many services that small businesses need to setup is credit card processing, payroll services, and automatic bill pay. A small company cannot function without the proper financial setup. In order to withstand the financial needs of a successful business, the company needs to set up an account with a bank that is familiar with small business needs.

In order for a bank to attract small businesses, they need to provide aggressive attractions and a wide variety of services. The bank must offer convenience. For example, many small businesses deal with cash and coin. Therefore, they will likely make many trips to the bank to deposit and withdraw money. A bank must also offer plenty of convenient ATM locations so that the small business can have access to their account at any time of the day or night when they need it.

Many banks charge fees ranging from credit card fees to ATM charges, wire transfer fees, and many other normal fees. As a small business owner, you should not find any surprises. Therefore, do not be afraid to ask the small business bank of your choice what fees they charge so that they are not caught by surprise. Make sure and choose a bank that is upfront about their charges, one that is capable of providing you with the lowest rates, the most feasible financial options, and the best in banking service so that you can run your business smoothly and efficiently.

Small business banks must also provide excellent customer service so that when a small business owner has a problem; bankers that can guide the business owner through their problems address the problem. There are many reasons why a small business owner would experience a banking problem such as transaction issues or a forgotten PIN. That is where the small banking specialists step in and take care of your worries so that they can get you and your account straightened out.

Tips On How To Start An Investment Club

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Investment club is formed by a group of people who pool their money for joint investments. If you are a new to investing in stock market and have limited funds, starting an investment club is a great way to learn from other investors and get hands on experience in investing.

Here are some tips to starting an investment club.

1. Make sure all members understand the risks of investing. Many people who invest think they are going to be very successful, and are not prepared to lose all of their money. Unfortunately, there are no guarantees when it comes to the stock market. No one should invest money they are not willing to lose.

2. Find the right people who share the same investment objectives and goals. It is easier to get along with right minded people and learn from each other.

3. Make sure all club members agree to the partnership agreement and any other rules.

4. Join the National Association of Investors Corporation (NAIC) that provides support, information and tools on starting an investment club and investing, and publishes a monthly investor-learning magazine.

5. All members must agree to make a monthly contribution. The typical range of contribution is $20 to $100 a month. Members who contribute more than the required contribution are allowed greater share of profits.

6. Decide on how to meet and the frequency of meetings. For the initial setting up of the club, it may be best for everyone to meet in person. If all meetings are held online, it may be good to meet in person once or twice a year for social interaction. To keep up to date, it is recommended to meet 1-2 times a month.

7. Start with a small number of people. It is easier to come to an agreement when there are fewer members. When the club is established and all formal procedures are in place, new members can be invited to join.

8. Education is the main goal of an investment club. An investment club made up of educated investors will be more successful and cohesive than an investment club which is solely focused on making a profit.

9. Every investment club must have a well-defined investment style or investment philosophy. There must be clear selection criteria such as what type of stocks to invest, the acceptable risk tolerance level and rate of return. All club members should be aware of and agree to the investment style of the club.

Starting and running an investment club is an invaluable learning experience, where you can leverage on the expertise and knowledge of other investors. Investment clubs facilitate the exchange of ideas and collective decisions that are likely to produce sustainable returns.

Essential Points To Keep In Mind While Preparing For Bank As Well As Ibps Recruitment 2013

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In a bank job, a person needs to deal with transaction of large amounts of money, which does not belong to him, so the person needs to have qualities like honesty and sincerity. A candidate who wants to get recruited in banks should be good with mathematics, should have sound knowledge about computers, be adaptive to different challenges and environments and should always be ready to put extra efforts on demand. This just doesnt mean that you would have to stay back in the bank for the whole night or something. Its about maintaining a perfect balance between your personal life, family and work.

Most banks look for efficient candidates. The Recruitment programs like South Indian Bank Recruitment 2013 want its future employees to have the will power to handle work pressure. If you go through the bank exam papers carefully, you should mark the fact that there are huge loads of questions that needs to be answered in comparatively less time. These exams not only judge the ability of the people appearing for the exams they also test their presence of mind, competitive nature and the zeal to give the best of performance even under pressure. None who panics by looking at the number of questions may be able to solve more of them.

Before appearing for a particular bank interview a person is advised to study about the banks history – how it could expand and what is the strategy behind its growth. Understanding these facts about the bank increases the probability of getting selected in personal interviews. Just go through the previous papers and mark the pattern. See which kind of questions you cant solve. This way, one can easily overcome ones shortcoming and will be able to crack recruitment exams. A periodic revision is also very important for people who want to crack bank exams. So never dare to ignore revision. One more important thing is that attitude matters. You might have cleared the written exam, but the interview and group discussion panel might reject you if you dont have the right professional attitude. Tamilnad Mercantile Bank Recruitment 2013 looks for this quality in a candidate.

When IBPS came into the scenario, many questions were asked regarding the effectiveness of a common written examination pattern. Overcoming each of these questions, IBPS Recruitment 2013 has become one of the most challenging exams in India. This exam has different sections and to be IBPS certified, a person needs to get a minimum score in all these sections. It is compulsory to attend all the sections but a person should concentrate more in a section, which he is best at, be it the English section, reasoning etc. It is important to remember that every second matters when a person is appearing for IBPS exam. Therefore proper management of time can take you one step forward. When a person gets good score in IPBS examination, he will be eligible for most of the bank recruitment programs.

Famous Scottish Entrepreneurs

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Invention and entrepreneurship are concepts that are synonymous with Scotland. Scotland has a long standing tradition of producing world renowned inventors and entrepreneurs. The invention of the steam engine, television and penicillin can all be attributed to Scottish inventors and in this article I would like to highlight some of the most famous Scottish entrepreneurs of recent years.

Arnold Clark

Sir Arnold Clark grew up in Glasgow and joined the RAF in 1944, aged 17. He rose quickly through the ranks eventually becoming a Corporal and a Motor Mechanics Instructor. Upon leaving the RAF, Clark began buying and selling cars, and opened his first showroom in 1954 in Glasgows Park Road. Arnold Clark Automobiles is now the largest car dealership in Scotland, with over 145 car dealerships throughout the UK.

Michelle Mone

Michelle Mone OBE is the co-owner of MJM International and creator of Ultimo. She grew up in Glasgow and began her corporate career with Labatt Brewers. She rose quickly through the company and was running the Sales and Marketing department by the time she was 20. In 1996, came up with the idea to create Ultimo after wearing an uncomfortable bra to a dinner dance. Today Ultimo is one of the UKs leading designer lingerie brands.

Sir David Murray

Sir David Murray was born in Ayr in 1954 and educated at Ayr Academy, Fettes College and Broughton high School. By the age of 23 Murray had set up the metal company, Murray International Metals Limited. The Murray Group has expanded to include a wide range of industries including property, call centres, venture capital and mining.

Sir Brian Souter

Sir Brian Souter is another famous Scottish entrepreneur. Sir Brian Souter started his working life as student bus conductor while studying at University. Upon finishing University, Sir Brian Souter began working with Arthur Andersen, a leading chartered accountancy firm. In 1980, using his fathers redundancy money, Sir Brian Souter established Stagecoach Group with his sister. Thirty years later Stagecoach is one the largest transport companies in the world with 13,000 buses, coaches, trains and trams, employing over 30,000 employees worldwide. Sir Brian Souter also founded Souter Investments and the Souter Charitable Trust.

Egyptian Banking System Expanding on Middle Class, Financial Meltdown Ineffective

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RNCOS, a leading market research firm, said in its new report -Egypt Banking Sector Analysis-, with the significantly low penetration and growing middle class segment, the total deposits at banks in Egypt are projected to grow at a CAGR of 14% from 2007-08 to 2010-11.

As per the report, banking penetration is quite low in Egypt and most of the Egyptians are still unbanked. This is evident from the fact that only 10% of Egyptians currently have a bank account, and only 4% had a debit card as on end of 2007. But the growing middle class population (due to increasing income) and rising awareness level is enabling this unbanked population to access banking services like bank deposits facility. Thus, prospects of the banking sector are reasonably bright as the emergence of middle class population will support the rising demand of banking services like saving and current account deposits and related services like payment cards.

But the most astonishing fact about the Egyptian banking industry is that it will remain unaffected by the ongoing economic meltdown. As per a Research Analyst at RNCOS, -We do not see any significant impact of global financial turmoil on the deposits as the Egyptian system is dominated by state-owned banks. Otherwise also, the system is enjoying a high-support environment, with the country’s authorities having historically demonstrated both their willingness and their ability to intervene and prevent a banking default by any of the Egyptian banks, irrespective of their size or relative importance to the system.-

-Egypt Banking Sector Analysis- provides a comprehensive research and prudent analysis on the banking industry of Egypt. This extensive research will help the clients to identify the market trends and evaluate the leading-edge opportunities critical to the success of the banking industry in the country. This study gives an overview on the various factors driving the banking industry, together with the forces that are blocking the growth of the industry.

This research supplements the past and current information on the Egyptian banking market with forecast on various important industry aspects, including population, consumer durables (television, refrigerators and washing machines), Internet penetration, mobile subscribers, passenger car registrations, banking deposits, loans with the possible sub-categories and net interest income.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.

For more information visit: Current Industry News:

Healing your Love, Relationship, Health, Money issues By Sumant Kual

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Many of us erroneously believe that our Fate is set in stone. However, Grand Masters Sumant Kaul and Sumeet Kaul believe our future can be reframed as per our wish. Grand Masters Sumant and Sumeet Kaul, Ambassadors and Representatives of Theta Healing in India and the United Arab Emirates, have created a life-changing and profound Love and Wealth Ultimate Life Breakthrough Seminar Course and Karma Kundalini Yog – a step-by-step sureshot technique to discovering one’s true potential. Here are some insights from the Kauls’ Miraculous Life BreakThrough Course: Why do people have money problems? When people chase money, money runs away from them. Therefore, they must attract money. But money may not be in their karma. In that case, they need to attract it by using special techniques which we teach. The amount of wealth that you have is truly equal to how much value you have provided to the world and how much you care about the world.Your unconscious mind may be blocking you from money and you may not even know about it.We have film stars ,businessmen with failed projects coming to us and realising how their Beliefs and their mind was sabotaging them. Why do people have relationship problems? Why are they unable to find love? If you observe people who have failed in relationships or been divorced, it is seen that in the maximum number of cases, they fail again in new relationships or get divorced again. This is because even when they do not want the same partner as before, they still manage to attract the same type of person into their lives and therefore, get divorced once again. Alternatively, they continue in an unhappy marriage due to the social stigma attached to a divorce in India. This is pure karma of suffering and sacrificing in life. The person thus must work upon his/her negative beliefs. Why do people have health problems? Most health problems are caused by emotional pain. Accidents happen to those who are rebellious, angry and frustrated, or those who do many things in very less time. Critical and judgmental people develop stomach problems and joint aches. People lacking love or suffering from guilty love, develop spine problems. People with cancer have hidden feelings of hate, while people with heart problems have known betrayal. Is there a solution to these problems? Not only is there a solution to these problems, it is also child’s play after one has learnt the right technique which renowned teacher and healer Mr.Kaul teaches Find a course near you: Past Life and Spiritual Regression Foundation and Intermediate Course – 10-12th Jan 2014 Karma Kundalini Healing Foundation and Intermediate Course – 24-26th Jan 2014

Hotel Suryaa [Formerly Sofitel Suryaa ,New Friends Colony ,New Delhi

Visit: , or mail at sumant.; call Neeta Kaul 00-91-9582692321, 91-9891371212 , 0-11-41437521,40573217, or visit E-129, Greater Kailash-Part 3, New Delhi 110048.

Interview Question bank PO

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Tell me about yourself? This is an open question generally asked in every interview. This question provides a good opportunity for candidates to tell their strengths that have been mentioned in their resume. This also provides a platform at the beginning of the interview to explore their personality in front of interviewer and leave a good first impression. While answering this question, Be yourself. Another question that might be asked is what are your biggest accomplishments till date? The answer must be related to job, it provides an opportunity to show your competency level. Another generally asked question might be where do you see yourself in five-ten years time-span? How do you handle criticism during different situations? While answering these questions try to reflect the positive attitude and convey a message that all criticism has an advantage if taken in positive sense, all the criticism provides an opportunity for self-improvement. Also illustrate them by giving an example that how a week idea that has been criticised have some good points also. Another question might be how will you cope with a change in environment surround you? Tell how you can adapt and learn quickly in different situation. Turning negatives circumstances into positives (change your weaknesses into strengths) and increase the productivity of the individuals and organisation as a whole. An important question may be what can you do for us that someone else can’t do? Answer this question must be in accordance to job skills needed. If the candidate has understood the details of the job in a proper sense, then he tries to answer this with a combination of your skills/experience with others. Another question that generally asked during interview is to describe a difficult problem you’ve to deal with. Clearly explain the interviewers that you have approached a problem, the process, the result and how you overcome the difficulties come in front of you. This will reflect your positive attitude towards challenges, and you were not discouraged by the situation comes in front of you. What is your greatest weakness is a commonly asked question? This question gives you an opportunity to show that you have identified your weaknesses and now working on reducing your weaknesses. How do you handle tension/stress is a difficult question generally being asked? Explain how you avoid stressful situations, and if not how you deal with them, give some examples also. How do you decide your direction? Show by giving some examples of how an individual can finish up the task without unnecessary complications. You can give examples from your personal life. Do you prefer working with others or alone? Explain how you can work well in both situations and can be benefited in both the situations ”

For More Information You Can check the Upcoming Bank Exams Portal having Latest 2011 Bank Exams Updates and Notification with Information about Recruitment in Banks .

Mobile Marketing and Advertising for Small Business

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The mobile marketing and advertising news-wires are abuzz and more and more companies are jumping into the game on a daily basis. Powerhouses like Google and Apple are building their arsenal for the mobile advertising phenomenon that is all the talk right now.

Companies large and small are jockeying for position within their target markets and local niches in an effort to get a first mover advantage in the inevitable transformation to the Mobile computing tsunami that is already taking shape.

What this means to the Small Business owner and in-house marketers is that the mobile marketplace has gained momentum. A solid mobile strategy can provide a huge advantage and be your secret weapon for success among a targeted niche audience or in a localized small to medium size metropolitan area.

You see, we understand that you don’t have the time to keep you ear to the ground on all of this Mobile mayhem, because you are busy with your two hands on the wheel with your companies. What we also know is that you rely on other small businesses to provide you with the knowledge and the tools to make sure that you are keeping you marketing and advertising efforts relevant and effective. In the ever evolving multimedia e-marketplace, you need solutions and you either need them to be service based and low cost, or you need them to be extremely easy to understand and integrate on a do it yourself basis.

After all, one of the coolest things about being a small business owner is the adventure of wearing a variety of hats and learning the latest and greatest techniques to stay ahead of the competition. Today, Mobile Marketing might be one of the most effective and efficient means to push your business out ahead of the pack. Whether you are a retail shop, professional service, restaurant, hotel, craftsman or independent artist, you can engage your customers like never before.

The tools, knowledge and abilities to put this into motion for your specific marketplace are right at your fingertips. Although this might seem like a complicated technological maze, you’ll be pleased to find that many other small companies within the Mobile Marketing industry have brought forth some interesting and easy to understand guidelines and tools that you can utilize today in efforts to launching your company into the Mobile arena.

Sweepstakes Scams Are a Form of Financial Elder Abuse

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Sweepstakes scams continue to rack up victims, despite warnings to the public. Often, senior citizens are the target of these types of scams. Thus, sweepstakes scams are a form of financial elder abuse. In a typical sweepstakes scam, a fraudster contacts an elderly victim and informs them that they have won lottery. The catch is that the elderly victim is then told that they must send in money in order to collect the sweepstakes prize. California financial elder abuse attorneys warn senior citizens not to fall victim to sweepstakes scams.

Recently, the Federal Trade Commission announced that it is putting an end to one large sweepstakes scam based in Ventura County. The defendant in the case owned three companies that allegedly mailed out more than 3.7 million letters to people in more than 156 countries. In this case, instead of asking for large sums of money from senior citizen victims, they asked for smaller sums of money. California financial elder abuse attorneys warn the public not to fall for sweepstakes scams no matter how much money the fraudsters ask for.

In this case, the senior citizen victims received personalized letters with official looking seals, stamps and bar codes. The seniors were told that they had won millions of dollars and could get the money by first sending in a small fee of $20-$30 within a limited period of time. According to the Federal Trade Commission, the scam has brought in more than $11 million dollars, mostly from senior citizens. California financial elder abuse attorneys say that senior citizens are often targeted for these kinds of mailings.

One of the letters that was mailed out as a part of this scam states that the victim has been chosen from a pool of 250,637 names. There is fine print on the back of the letter that states that consumers will actually only receive lists of sweepstakes they can enter instead of a cash prize. According to the Federal Trade Commission, the fine print does not clear the company of wrong doing because the claims are misleading and victims do not get what they are promised. Frequently, people do not see the fine print and send in the $20-$30 fee.

Sweepstakes scams such as this are widespread and one of the top five scams targeting consumers, according to the Federal Trade Commission. The fact that sweepstakes scams successfully target senior citizens makes them another form of financial elder abuse.

Evans Law Firm, Inc. handles elder abuse cases in California. If you think that you have witnessed or are the victim of elder abuse then, contact Evans Law Firm, Inc. at 41

Setting goals To become That Successful Internet Entrepreneur

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Starting out to become a successful entrepreneur is a exciting emotional time in a persons life. A decision has been made to break away from the normal way of thinking about work and money possessed by the majority. The majority meaning about ninety seven percent of the population.

Becoming a successful internet entrepreneur requires changing the way you were programmed to think. The decision has been made, backed by a commitment to become one of the -three percenters- that have chosen to take control of their financial future and live life on their own terms. There is no longer a boss making decisions about when, where, and how you will make a living. It will be all up to you either to succeed or fail.

The most important aspect of becoming a successful entrepreneur will be your ability to set a goal and do what ever it takes to reach that goal. Realize that you must not just show up for the game, you must play to win and to win you must set goals.

Almost everyone from business professionals to athletes have been coached on the need for setting goals and just how important it is, but many do not understand why they can not reach their set goals.

What does it Require to reach a Goal?

Why some succeed and most do not is that those that succeed have learned to attach a strong emotion to why their goal must be reached.

Whether we are money hungry entrepreneurs or some other noble profession there has to be a deep underlying emotion attached to a goal. Just saying I want to make more money in itself can not be a goal. The questions must be asked, why do I want to make more money, how much money do I want to make and how will I feel when I receive this money? How will it make me fill emotionally, happy, jubilant, thankful, relieved? Concentrate on this emotion and how making more money will enforce this emotion.

Finally, a time frame must be put on this goal.

What exact date and time will this goal be met? A goal without a date and time set on it is merely becomes a wish and not reality.

To become a successful entrepreneur, one must learn the proper way to set goals both short term and long term.

Steve Kimball has been a business owner and entrepreneur for over 25 years. His main goal is to assist others in achieving the success they deserve online. He has teamed up with the elite marketers at carboncopypro and together they are striving to change the world one person at a time. For more information go to