Health Care For Canadian Entrepreneurs The Most Sensible Option Is A Best Kept Secret

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The Shocking Truth is that you will only realize 70% of the value of a traditional health plan.

The reality is that for the small businesses (especially the sole owner type), monthly health benefit plans are designed to yield around 30% in profit for the Providers when it comes to routine health care expenses. On average, for a small business, you will only get out 70% of the premiums you put in – the traditional monthly plans are designed that way. And, if you claim more in one year, your premiums or limitations will normally increase to maintain that 70/30 ratio.

A Health Spending Account is a great alternative for entrepreneurs.

In contrast, a Health Spending Account (HSA) is far more cost effective for these routine health care expenses, without the artificial percentage and coverage limitations imposed by the insurance carriers. For example, most monthly health plans cover 80% for routine cleaning, up to a fixed annual limit per person. HSA’s have no percentage limits imposed – 100% is covered.

Monthly health plans typically cover only certain services. Few monthly plans cover things like glasses, massage therapy, orthotics, contacts, laser eye surgery, etc. A Health Spending Account allow entrepreneurs’ and their dependents to gain access to a full spectrum of health care services.

The final good news is that Revenue Canada (CRA) allows incorporated Canadian businesses to write-off 100% of the costs of a Health Spending Account, and all claim reimbursements to employees (and dependents) are completely tax-free.

Is it any wonder that today the majority of small Canadian incorporated businesses are now looking at a Health Spending Account, as either their primary, or secondary form of health coverage.

The bottom-line is that it is more economical to cover the routine costs, and the broader range of health care services through a Health Spending Account. In these situations, the monthly benefits plans are more restrictive, more costly and far less flexible.

Small Business Computer Consulting Appropriately Setting Your Rates

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In small business computer consulting, $100 an hour can be a reasonable and livable rate. Why can setting your rates at $100 an hour make all the difference in the world?

Take the $100 an hour and multiply it by 1,500 hours a year. This is reflecting a 75% utilization rate; or 75% of a typical forty hour work week as billable time. Now youre at $150,000 a year gross.

Salary and Affordability

As a small business computer consulting firm, you will want to take a third of the gross and plow it into sales and marketing. Therefore you can afford a $40,000 base salary for your sales account executive. So, of that one third of your gross small business computer consulting income, $40,000 can go to the base salary and $10,000 can go to related marketing expenses.

Additionally, one third will take care of taxes, insurance and overhead items for the most part, and you have a third of it or $50,000 left to pay a technical staff salary.

Surpassing $100 an Hour

You may be considering exceeding a rate of $100 an hour for your small business computer consulting firm. At that point, you can hit what we call the not-so-imaginary-hourly-billing-rate ceiling.

Needless to say, if your small business computer consulting clients are paying $110 to $125 an hour, it gets even easier to be able to afford really bright, motivated, highly qualified sales and technical staff.

Higher Rates Equal Bigger Businesses

However, if you want to charge above $100 an hour in your small business computer consulting firm, youll almost always need to move above and beyond sweet spot small business clients into really large small businesses, medium size businesses and enterprise-sized accounts that require a different business model and technical skill set.

Once you do that, youre going to be operating under a completely different type of business model. And you will need even more polished and seasoned salespeople to be able to handle those accounts.

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Legal for trade digital scale for easy and certified performance

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A weighing scale performs a crucial function in a commercial transaction. It is the pivot about which trust in businesses is leveraged worldwide. It would be slow and painful if worldwide people could not trust one another and still had to do business together. Therefore the businesses worldwide need to trust another when it comes to measuring the weight. But the best policy is to trust but verify and for that we need to have reliable weighing equipment. The administration recognizes the need for the trust to be maintained in a verifiable manner so that businesses can operate smoothly and efficiently confident that the trust reposed by them is justified.

And for the trust to be justified the equipment used to measure the weight has to be accurate, reliable and durable. And for such a sensitive operation as the measurement of weight it cannot be left to the manufacturers alone to assure the quality. It is for this reason that the government takes it up itself to certify the quality of legal for trade scales. With the advent of digital scales the accuracy and ease of use of weighing scales has improved a lot. And when you buy a legal for trade digital scale you assure yourself of convenience and quality.

Even if you are not doing the weight measurement for a commercial transaction, and you are not required by law to use a legal for trade scale, it still makes sense to opt for one because it is a simple and effective way to purchase highly reliable equipment for your critical operations. A legal for trade scale can be expected to cost more than a similar scale which is not certified but that premium is well worth it because you can be sure to have an accurate scale that is able to perform reliably and does so for a long time.

Legal for trade digital scales are available in a wide range. You can find one that matches your needs conveniently by going online. You can also look for special offers. You can see the latest legal for trade digital scales at www.paylessscales.com.

About Author :

Lawrence has been in the weighing machines industry for the last 14 years. He has been interested in the penetration of digital scales across various market segments. His special area of interest has been maximizing the value proposition of a digital scale. You can know about a legal for trade scale & other digital scales at www.paylessscales.com.

Stock Investment Company – The ins and outs

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These days, it is not at all rare for one to come across such a stock investment company that offers services with big promises. Stock investment is a serious proposition and stock market positions are very difficult to understand. It is good to do some in-depth research before you choose a stockbroker or stock investment company.

There are many stock trading companies but the choice has to be made based on research. It is important to know and consider the qualifications of the company. The company has to be competent and to ensure this the credentials of the company have to be looked into. The customer should try to get as much information as is possible about the company. There are other issues such as the fees and commissions, which the stock investment company will charge for the stock market trading. If the fees and commissions are excessive, they will take up a major part of your stock trading profits. Your investment goals will be affected. Your decisions in transactions will also be affected. The fees and commissions that the company will charge, therefore, is an important consideration.

There are three principal types of stock investment companies. Some companies just carry out your stock trades. This means that you will instruct and you will buy and sell stocks. The companies will do just this and little else. The next type of companies will carry out your trading instructions and, along with that, provide you with helpful tips and stock market quotes. A type of stock investment company also serves as your investment planner. These companies will see your resources and investment objectives and do the management of the resource on your behalf. It is up to you to decide which type of stock investment company will be the best suited for your purpose.

You may also come across such a stock investment company that does not work with the stock market. The customer has to ensure that the stock investment company operates in the market where the customer intends to invest. If this is not the case, there is a waste of money and time. The advisory services of the stock investment company to help you out should be there. When you choose your stock investment company, you should notice whether it has the right investment advisory services. In stock market investing, no two persons are the same. The capacities of investing in stock markets vary from person to person. The best services are offered by the personalized services of the stock investment company.

Top Banks In Egypt

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Egypt’s transformation into one of the emerging economic powerhouses of the twenty-first century has been powered by a combination of smart, reformist economic policies and the hard work and innovation of the private sector. To business leaders here, success is about more than just profits.

Egypt needs to create over 700,000 new jobs every single year, which will require average economic growth of 7% per annum,” says Hassan Abdalla, vice chairman and managing director of Arab African International Bank (AAIB), one of the nation’s leading private-sector financial institutions.

iven the depth of the Egyptian market, he stresses the need to broaden the financial system beyond banking to include other forms of financing such as private equity funds, consumer finance companies, especially mortgage finance, leasing and venture capital. Empowering SMEs is another crucial area for invigorating the financial system. To a considerable extent, these developments are in the process, but they need to have the proper regulations to have them work effectively. This is perceived as increasingly the role to be played by the private sector and NGOs with the government role tilting towards becoming the regulator.

Arab African International Bank is well-equipped to lead change in the Egyptian financial market. Abdalla is the CEO who leveraged the bank to become a forerunner in the Egyptian market in a record time. A visionary banker with a piercing insight partly attributed to his long experience in international financial markets in Europe and the U.S, a deep feel of the potentials of the local market and the inherent competitiveness of AAIB. “It is our deep knowledge of the market, our ability to move fast, our ability to face less risk in innovative ways, and to serve our clients with deep understanding of their needs”, he says.

Established as the first private sector bank in Egypt in 1964, AAIB has placed itself at the centre of an exciting emerging economy through a long, successful history that has combined innovation and trusted partnerships with its customers – from individual account holders to industrial conglomerates. AAIB has posted the industry’s top growth figures for five years running as the Egyptian economy liberalizes and expands. From being the first bank to introduce a foreign currency trading desk in the 1960s to the introduction of credit cards in the 1980s and smart cards in 2003, AAIB has always ensured that its clients enjoy innovative services from a trusted local partner. The bank’s status as the leading private-sector player in Egypt has been affirmed by awards from international observers including Euromoney (“Best Bank in Egypt” for 2007) and the Financial Times, whose banking publication The Banker named AAIB Egypt’s “Bank of the Year” in 2006. International ratings agency Moody’s, in recognizing the bank’s solid prospects moving forward, upgraded its credit rating for the bank in 2006, moving it from an “A” with a positive outlook to “A+” with a stable outlook.