Is scan paper document important

Is Scan Paper Document Important?

For better understanding about why scan paper document, I want to narrate one real experience of my friend.

My friend is having a small company in New York City. He is very happy with scanning paper document. In one conversation, he said “I felt very depressed when I saw a huge bunch of paper file on my desk. Huge bunch of paper files on desk is something like; hitting hammer on the head. It also decreased my efficiency and productivity. My profit chart shown downward trend. All problems are solved through scanning paper document. Now scene is different; I can manage huge amount of work in very small place. I can deliver service with highest efficiency. And the profit chart shows upward trend.” So that’s how he gets benefited with scanning paper document.

Let’s check out why scan paper document:

Prevent Record Loss: Dye on paper degrades over period of time and paper becomes useless because you can’t read information clearly from the paper. There is high possibility of damaged or loss of paper document. If you scan paper document, it prevents record loss. You become secure about digital documents.

Easy Retrieval: Retrieval of paper document is not easy. You can take photocopy of paper document but it is one and the same thing. Ultimately it is paper. You can easily create backup/copy of digital paper without using much space. You can retrieve the information form backup very easily.

Highly Portability: If you want to carry large amount of paper files to your home, it is very difficult task. Digital records are very easy to carry. Just transfer the records to cd or flash drive and you are done with. You can carry huge amount of information in very small space.

Reduce Storage Space: One survey “paper document storage cabinets are utilizing nearly 70 to 85% of office space.” Through scanning paper document you can reduce storage space.

Improve Productivity: As there is no paper files on desk, it relaxes your mental condition. You can work very efficiently if there is not stress. Such efficient work improves your productivity.

At the end, your company becomes paperless through scanning paper document. Through digital document company can decrease stress of staff as well increase the productivity, that’s why your have to scan paper document.

Joint venture your way to the top

Joint Venture Your Way to the Top

Copyright (c) 2008 Christian Fea

Joint ventures are a great way to team up with another company or person who is looking to achieve similar goals. By using your resources in a joint venture arrangement, you can save time and money in achieving your dreams. Before you set up your joint venture arrangement, decide what exactly it is that you want to accomplish from the project. Are you looking to access additional information and resources, do you want to tap into new markets that your potential joint venture partner is already tapped in to, are you looking to extend your marketing reach? What is it that you hope to accomplish? By having a defined target at which to aim, you are more likely to hit the “bulls-eye” and create a winning joint venture plan.

Joint venture vs. partnership: Benefits

Because the main difference between a joint venture and a partnership is that a joint venture is normally temporary or project based, there are tax advantages that can be realized. First, each member of the joint venture retains ownership of his or her property. Secondly, members of joint ventures are taxed on the joint venture profits according to whatever business structure has been established for each business. Also, those participating in a joint venture can choose to use as much or as little of their Capital Cost Allowance (CCA) claim as they would like.

Let’s use an example of an inventor looking to bring an innovative product to market. Normally, an inventor will not have the resources and distribution channels needed to mass-produce his product. Thinking creatively, the inventor decides to research manufacturing companies with capabilities he believes are needed to produce his product. By joint venturing with the manufacturing company, the inventor now has access to additional funds, production resources, and distribution channels that could take months or even years to develop on his own. The manufacturing company has acquired a new product to provide to its existing and potential customer base, thereby potentially creating an additional stream of revenue. However, both parties have retained their autonomy in regards to how the profit share is utilized on behalf of each joint venture entity.

Joint venturing your company

Suppose you don’t have a great new invention to bring to market. Say your company is service-oriented, providing consulting services to the small business sector. Your dilemma is reaching gaining greater market exposure to your target market. How can you accomplish this without spending an arm and a leg on advertising? How about joint venturing with a bank or credit union that is currently servicing your target market? They may be able to offer your services as a resource that will help the businesses they are financing to succeed. Naturally, the bank is interested in the success of the businesses they’re funding, and a part of a successful business is a great marketing strategy. You reach a broader target market, the bank assists the businesses in which it has a vested interest, and you both retain autonomy.

There are a myriad of joint venture opportunities available. You can joint venture your way to the top if you’re willing to think outside the box, outline specific goals for your joint venture agreement, and follow through on the execution.

Keeping yourself safe during a fax blast

Keeping Yourself Safe During A Fax Blast

It is unfortunate, but understandable that many states these days are starting to place laws against unsolicited faxing. This means that if you are planning a fax blast, you need to be careful. You don’t want something small, like trying to advertise a sale, end up putting you in trouble with the law, or with a bunch of fines and fees hitting your pocketbook. This is why it is always best to plan and prepare for a fax blast.

In case you are unfamiliar with the term, a fax blast is simply a mass fax that you, or a marketing company, send out to a huge number of clients, customers or businesses. Normally a fax blast would be used for some kind a newsletter, notice of a sale or some other form of advertising.

The first thing that you would want to do when organizing a fax blast is to gather up a list of the all the clients and fax number that you have. If you don’t have many, you may need to hold off and start to collect a couple hundred more. If it is simply because you don’t have a fax number for each client you may want to call each customer and let them know you are updating your database and see if you can get a fax number from them that way. If there is really no way you can get the numbers before your fax blast, you may need to rent a list from your local broker.

Once you have your list, make your flier or ad. You will need to make sure that you add either a fax or phone number that each client may call after the fax blast to be removed from your faxing list. Normally most companies will not mind being updated on new products or sales that you are offering, but they need to have that option. Another way of doing this is to ask each customer when they come into your place of business. Again, most customers will consent to receiving notifications of sales or simply newsletter of new products and information. This is simply a way to ensure that you are not going receive any customer complaints when your fax blast heads out. This is especially important when you are planning on making it a regular occurrence. Things like newsletters, monthly sales, or frequent product updates are great ideas for a fax blast, but should always come with customer approval first. If you are only planning on sending one fax per year or something like that, it becomes slightly less important.

Once you have sent you ad to the marketing company and you have set the date for your fax blast, you just have sit and wait. Normally you will get responses to your faxes relatively quickly. Once the fax blast as finished, normally the marketing company will let you know, you should ask for a report of how the fax blast went. This report should include all of the number that they sent the fax to and how many of them never went through. This serves two purposes for you. First, you can make sure that the marketing company didn’t charge you for the faxes that never went through. And second, it will show you the numbers that are no longer active, so you can erase them from your customer fax file.

As long as you are careful and plan well a fax blast can be the advertising spark your company needed. A fax blast will reach far and wide to keep your in touch with your customers and attract new clients.

If you dont have day trading rules, you will lose

If you dont have day trading rules, you will lose

Expecting a miracle if you are losing in a trade?? Well it won’t happen. This is intended to help traders get out of a losing position by trading, not as an excuse to ignore stop losses. Ignoring stops is the surest way in the world to take all the money in your account and just flush it down the toilet. I am serious. While that might help you in the short run eventually there is a 100% chance you will have a massive loss, like 50% or more on your money lost that is invested in the trade if you don’t use a stop. So the thinking is “They are not gonna get me this time”. This is how traders learn to trade with bad habits.

The first thing to realize, there are 4 reasons losses that can happen when you are in a day trading or swing trading.

1. Timing is just not right on the entry price
2. You are dead wrong on the direction
News items come out and move stock or index against you
4. Your price target to exit is too far away

We will address these one by one.

1. Timing is just not right on the entry price

If your entry timing is off, this usualy means the price will move a bit in your favor, then against you within the first 5 to 10 minutes. The amount the price moves against you will be way more than any profit so far, but it does not go to the stop area either. The key to identifying this is the stock will hesitate up and down, just below your entry for long or above entry for short. It should not make a beeline against you and it should not go right near your stop in the first few minutes.

The best way to deal with this type of trade is to assume most of the time you trade you are going to be off. Enter long or short only one half to two-thirds the actual size you want in a position where you think the timing is right. Most trades will not just run immediate, including breakouts. Once filled, put an initial stop in for that position. Wait 5 minutes and see what the stock does. If it runs in your favor immediately, well then your timing was perfect – trade what you have OR look for the remainder on a small dip.

If the stock moves against you more than for you in the first 5 minutes, but is not a beeline against you (meaning it looks like the trade will stop out etc), then put in an order to add at the low of this 5 minutes (for long) or the high (for shorts). If you get your better price add, cancel the press bets add. If you get the press bets add, move your initial stop up to just below that low of the 5 minutes, and make sure you increase the shares.

This often happens to even the most seasoned traders. No matter what you try it fails, breakouts, reversasl, or trend following – common theme is you are just dead wrong. By this I mean the upside is severely limited (for longs) or downside limited (for shorts). This means it can move easily one direction, but really, really struggles in the direction you bet.

You are looking to risk another 15c to 20c on double size, betting it will turn in your favor before you stop out. If you want to attempt this, care must be taken to use discipline. Do not try to force making money on the trade. The goal is to minimize the loss by trying to catch a turn near your stop area. Just move on to the next trade.

If you doubled down and actually caught the turn, you would want to move the stop up on all to just below the turn. When the price moves halfway back from your secondary add position to the price of your first entry, sell the additional shares so you are left with only your original position. Because you added shares and made some back, if you get stopped now you will lose far less than if you did not add. It is your call to decide if that is the best thing or to just exit all of the position with a minor loss and move on.

3. News items come out and move stock or index against you

This is a tough one. The call is would this type of news cause the stock price to go far enough to hit the stop level? If the answer is probably yes, exiting at market before the stop will save you money. If you think that the news that came out will not stop your position, then the best plan is to exit on a small counter move the other way. Most of the time there is no good way to get additional shares if you get caught on the wrong side of a news play. Occasionally the price might react in way A, but after a bit of time that side realizes they are wrong, and they flip around and want out, moving the market in direction B. If you can uncover and notice that this will probably happen, the add point is the high of the bar where the news came out.

4. Your price target to exit is too far away

This is common to. You have to kind of guess based on how the stock has been trading, localized volatility, and support resistance points where a price move might go to. Usually these types if you don’t monitor them real close will turn into losing trades. The main reason is a scale up seller (for long bets) or scale down buyer (for short bets) is betting the other direction and absorbing a lot of the volume.

Most trade setups attract attention, so the more obvious a trade looks, long or short, and it does not really do that or struggles, the bigger the indication is to get the heck out. Some of these can result in a huge move the other way because they trap lots of short term money in the stock trying to trade whatever setup happened. There is no real method to add to work your way out of it, you really just need to pay attention. Getting out is the best solution because you are looking to avoid your stop getting hit and saving a bigger loss.

Do not expect to make money on every trade, its simply not possible – you have to pick your battles. If it appears something is off or wrong with the way the stock is moving, take any loss and just move on. Staying in a trade and always trying to turn it into a profit will result in much bigger losses eventually. You can think of the God rule (just a catchphrase) – When a trade goes wrong, (God) gives you one chance to get out – it’s up to you to realize the chance and take it.

Hunting for a job

Hunting For A Job? You Should Make The Rules

If you’re looking for a job, you know how hard the process can be. Applying for jobs is often a hit or miss situation. If you look at the situation another way, however, a job search can be a great experience. When you’re ready to do whatever it takes, you can secure your ideal job. Three standard steps to finding a job are to look, apply and then interview. Once your part is done, you have to sit by the phone and wait while the employers deliberate. When searching for a job, consider that these “rules” could be meant to be broken. If you want a head start on other job-seekers, take a look at these options. Be proactive rather than reactive. Finding open jobs is easy if you check the newspaper. Anyone can do that. An effective strategy is to get in touch with potential employers whether they have an opening or not. You can call a desirable company and sell yourself or you can ask questions that may open doors for you. Being familiar with particular business practice is also a good idea because it allows you to offer specific ways you can help the company. Don’t let hiring guidelines turn you away. Businesses often use stipulations like years of experience or a particular certification to discourage people who aren’t dedicated to getting a position. Many specialized positions require certification of some kind, but for most others there is no requirement. Even if you don’t meet every criterion, apply for a job if it’s one that you really want. Keep in mind that all businesses show you how they like things to be done. Taking a chance on applying has the benefit of allowing you to sell qualifications that you have that an ad may not have mentioned. Put a spin on traditional methods. There’s nothing wrong with some traditional methods of job hunting as long as you make the process work for you. Classified ads are useful, but it’s also a good idea to try online job searches. Furthermore, consider starting your own blog or website to display your skills or joining a reputable job forum where you can network in a brand new way. There’s no right or wrong way to find a job. The most important thing to remember is to make the process work for you no matter what that may be. Creativity and being proactive are just two of the traits that can help you find the right job path.

October 2017
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