Financial Inclusion On Mobile Platform

Pramod Saxena Chairman & MD, Oxigen Services India Pvt Ltd

-We aim to Develop and harness technology in order to enable more efficient service delivery in the Mobile and DTH platform,-

says Pramod Saxena, Chairman & MD Oxigen. In Conversation with Ankush Kumar

What is the main focus area for Oxigen? Tell us about the work you are doing in India? Oxigen was started in July 2004, with a vision to provide telecom services to the masses of India, through a Virtual Network for Payments and Service Distribution. Oxigen started its operations in 2005. The idea of starting Oxygen originated from the new prepaid environment of telecom and large number of telecom users. We wanted to bring the entire process into one platform. The idea of aggregation was to enable the retailer to cut down his investments on payment which he makes to various service providers. It helped in outsourcing the services. We have created various terminals like credit card payment terminal and we have created our own propriety solutions. We were the first company in India to create a mobile wallet called OXICASH bank.

Please tell us about your tie-ups with other organisations?

We have joint venture with a South African company called Blue Label Telecom which is a market leader in distribution of physical and virtual prepaid airtime. They bring to the partnership time and market tested product technology, with a successful track record in competitive markets in South Africa and several other countries. In 2006 Citibank Venture Capital International made investments in the company, to help Oxigen build its footprint. This was followed by Microsoft Corporation, USA, which in 2008, built a strategic business & equity alliance with Oxigen.

Please brief us on OXICASH Wallet?

OxiCash is unique cash based online payment solution which is aimed at customers who use cash to make payments. It is a prepaid stored value virtual wallet where the consumer’s mobile number is the identity. It is unique payment solution developed by Oxigen which is completely secure. Oxicash can be used on the web as well as from the mobile’s unified payment solution. Central Oxicash data server is maintained in a safe and secure environment with SSL encrypted transaction. It is Non-banked Mobile Wallet that empowers the unbanked masses to instantly transfer money to any bank account and receive money from any bank account holder, 247 from OxiCash. We are service provider for airtel money transfers. Our eco system which we have created is providing services beyond the retailer segment.

Tell us about your business model?

Our whole business model is based on value wallet creation. We are the sole company in India to link our wallet system with National Payment Corporation of India (NPCI). Oxigen has Diverse methods of Dispensing it’s Services, which could be suitable across the country to match any retailers needs. Oxigen has multiple options for retailers to conduct their business, using their own PC which has internet connectivity. They can also conduct extra business using the web based tie up’s like Rail/Air tickets, Movie Tickets, and Ecommerce. Retailers also have the option to download a Mobile application to conduct their business.

What steps Oxigen has taken to verify the authentication and identification of users accessing various Oxigen services?

We have undertaken a pilot project for ICICI visa card where we linked the card with Aadhar which is a completely authenticated by the Government of India. Anybody who comes to withdraw money must have to undergo finger biometrics authentication. It ensures the safety in transaction process. We have created a data storage where in were have stored finger biometrics of our customers which is linked with the SBI data storage. Today we accomplish 30 to 40 million transactions every month. These transaction volumes will increase up to 50 million per month. We are expanding at a rate of 2000 retailers every month.

Tell us about the overall revenue growth of company from 2011-12 to 2012-13?

Last year we crossed total annual revenue of `4000 crore and we are hopeful that in the current year we would touch it to `6000 crore. Our growth is 30-40 percent which is really encouraging. We are expecting it grow further in the coming years. Today 50 percent of our total revenue comes from banking and wallet transactions. We are hopeful that it will increase up to 80 percent by the year 2017.

Ways to Determine a dependable Employment Lawyer

Litigations and disputes related to employment are very complex that’s the reason why looking for the best employment lawyer is of paramount importance. It is crucial for folks to consider that not all lawyers have the competency to address employment related cases. For newbies, you can trust the services of a New York employment attorney with an excellent reputation. /p>

Experience and knowledge in taking care of employment related cases is the first factor that a plaintiff must think about when looking for employment attorneys. Moreover, ask them if they have experience dealing with similar cases like yours. This guarantees that they’re capable of making tactics that will work in favor of their client because they already know the case pitfalls to avoid and advantages to use.

Federal and state laws are always being modified every so often. Because of these modifications, people choose employing employment attorneys NYC who are constantly updated with the alterations in employment laws. Chances that an employment-related litigation will flop are higher if your lawyer is giving advices based on outdated laws.

Attitude is one other factor that a complainant should think about in choosing an employment lawyer. Lawyers often give free consultation during the initial meeting. This is a major thing since it simply implies that the lawyer is concerned about their clients. You can easily tell that the NYC employment lawyer you’ve hired is uninterested due to the lack of passion and professionalism. With a pathetic lawyer like that, there’s no way they can represent you professionally and productively.

Feel free to ask questions concerning your case when you meet up with the employment attorneys. This will assist you understand how the legal system works, and know more about your rights and legal options available. In addition, many employment lawyers NYC will offer you a written legal advice. This written legal advice pinpoints the strengths and weaknesses of your case. As a result, the employee will be able to prepare in advance in case they are going to be summoned.

The more complex a case is, the more time should be rendered. It is very important to make sure that the employment lawyer is transparent with his or her fee structure. Payment can be given either hourly or through a contingency arrangement. If it’s likely to take a long time before the case could be fixed at court, then it is far better to combine a contingency and hourly payment. This way, it is possible for a clientele to pay the fees of their NYC employment lawyer without depleting your financial resources.

When looking for employment attorneys firms, see to it they’ve got a Lexcel or ISO 9001 accreditation. If a firm has such accreditation, it only shows that they’re trustworthy when it comes to providing extraordinary client care as well as in meeting the highest standard in case management.

I wish you have learned great things about NYC employment lawyer. That actually was the goal with this write-up. If you want additional information about employment lawyer, then you should definitely lookup and explore https://www.linkedin.com/company/young-&-ma-llp.

Free Book Summary – Unfair Advantage The Power of Financial Education – Written by Robert Kiyosaki

Robert Kiyosaki has one glaring message. The U.S. needs financial education. Right now our education system is broken and nothing is being taught that prepares people for financial freedom. All of Robert’s books are good and teach basics about financial education and the need for continuous learning. Rich Dad / Poor Dad is another famous book by this author. We will profile that book in a separate summary

The Cashflow Quadrant is a very important concept that people need to cement in their memory if they want to get a handle on financial freedom. The quadrant consists of the following: 1.) E – Stands for employee 2.) S – Stands for small business or self-employed 3.) B – Stands for big business (500 employees or more) 4.) I – Stands for investor

Traditional education prepares us for the E and S quadrant. The mantra has been go to school and then college to hopefully get a good job and save in a 401K for retirement. As many of you know this is not a good model in this day and age. On a side note, I was very fortunate to grow up with an excellent financial teacher. My father taught the principles that Mr. Kiyosaki teaches in his books Rich Dad / Poor Dad, The Cashflow Quadrant and this book Unfair Advantage. I can also tell you that most people are financially uneducated. Authors like Mr. Kiyosaki as well as Dave Ramsey are really needed and our doing what should be taught in our school system at a national level.

Why is this important to me?

This can be answered by asking a few more questions. Do you know the difference between good debt and bad debt? Can you define an asset and liability in simple terms? Do you know there are three types of taxes for income? If you are unclear on any of these then you need to read this book. In short form, I will answer all of these questions. Good debt is anything that spits of positive cash flow and increases in value. Thus if you have a debt on a rental house that yields positive monthly cash flow then that is good debt. If you have credit card debt that you don’t pay off each month then that is bad debt. In a nutshell, good debt makes you money and bad debt costs you money. Assets and liabilities! Anything that generates positive cash flow is an asset while anything that costs you money is a liability. Example: A business that generates monthly profit is an asset. Your home is a liability. I know many of you will disagree with this but your home costs you money each month. This is not a bad thing but because you need a place to live but it is a liability. The three types of income include: Ordinary, Portfolio and Passive. We will get into more detail on how these play a role in your financial freedom later in this summary. This book is important to you if you want to be financially free and escape the rat race of running out of money before the end of each month.

There are several examples and details outlined in Unfair Advantage but for the sake of time we will cover each in summary.

1.Knowledge – Knowledge put to use equates to power. There are several ways to make money be it in a business, real-estate, stock market, content creation, licensing deals, internet marketing or several other endeavors. The point here is that nothing happens without educating yourself. Warren Buffet the second riches man in the world is known for his constant reading and learning abilities. The premise of Unfair Advantage is with very high financial education, money flows in rather than out. You can pay zero in taxes and earn millions with very low risk by using other people’s money in good or bad economics. This creates an extreme unfair advantage.

2.Taxes – Taxes are government incentives to get people to do what they want them to do. Thus because businesses create jobs and wealth, they have tax strategies as incentives to keep the economy going. There is one huge premise that people need to understand. I will lay out the difference. When you are an employee, you work, pay your taxes and then get your money to pay your expenses. When you are a business, you work, pay all your expenses and then pay taxes on what is left. This is totally legal and can boost rates of return legally. Remember one thing – Tax avoidance is prudent while tax evasion means jail time.

3.Debt – Good debt creates true wealth by allowing you to use OPM (Other People’s Money). This is very powerful and requires discipline. This is one area I wish this book talked about in more detail. Please note that debt used wisely can create leverage and unlimited wealth. To much debt used wrong can create financial ruin. Also, know that 85+% of the U.S. population has too much BAD debt. This is not what we are talking about. This needs to be taken care of as well to truly achieve financial freedom. The use of debt is an advanced strategy and needs to be used wisely which requires financial education.

4. Risk – The biggest risk in investing comes from the financially uneducated giving their money to financial planners and hoping things work out. This by far has caused large losses for people. Inflation is running rampant right now even though the government says it is not. This is a bigger risk for savers than taxes. Saving money as an investment is a bad idea because over time the value is eaten away through inflation. 401K’s and mutual funds along with diversification are all pitched as NOT risky. This is furthest from the truth. 1. Mutual funds are subject to double taxes as well as fees which eat away at your returns. Also, you are not in control of your money. Note: This does not mean that ALL funds are bad. This is where financial education comes in. Several financial planners will tell their customers to diversify. According to Warren Buffet – “Diversification is a protection against ignorance.”

5. Compensation – The rich don’t work for money. Think about hard work for a moment. If you work overtime then you are trading hours for dollars. The problem becomes that your marginal tax rate increases as you make more ordinary income. Your overtime is taxed higher as you work more. I am not against hard work. Just make sure you couple it with SMART and RIGHT WORK as well. The rich work to buy assets that create cash flow. Your goal should be to have your money work harder than you do and make you more money as soon as possible.

What asset will pay for your liability? This concept was first covered in Rich Dad / Poor Dad. This simple question changes the whole frame of mind and if people followed it then they would be in much better shape financially. This means that if you want a new boat then what asset will pay for the boat? Once you grasp this simple idea then your world will change.

I hope you have found this short video summary useful. The key to any new idea is to work it into your daily routine until it becomes habit. Habits form in as little as 21 days. I highly recommend ingraining the knowledge of compounding in your head. Answer the following correctly and you understand the power of compounding. Would you rather have $1,000,000 cash today or a penny doubled daily for 31 days? You can email me at with your answer.

Joe Mosed invites you to subscribe to http://www.successprogress.com to receive free video book summaries. Our vision at Success Progress is to provide relevant & meaningful content to our user community. To view the video summary of this article please visit http://www.successprogress.com/videos/unfair/

(c) Copyright – Joe Mosed / Success Progress All Rights Reserved Worldwide.

Find The Best Kpis Collection Ever

Balanced scorecard system has a very simple concept. Its creators, Norton and Kaplan, were the first to include nonfinancial indicators to the list of measures to be evaluated in order to assess business performance of a company. Key performance indicators (KPIs for short) are all important. It is possible to set the right goals and make the right decisions but it is not possible to achieve positive results when evaluating the wrong key performance indicators. Choice of key performance indicators predetermines overall balanced scorecard success. The history of business world knows many examples of balanced scorecard failures related to the wrong choice or the wrong evaluation of key performance indicators.

To begin with, it needs mentioning that key performance indicators are not just measures that demonstrate company progress or regress on the way to implement strategic goals. KPIs represent critical success factors in various environments the company operates in. Balanced scorecard consists of four categories: financial, customer, internal business processes, learning and growth. Logically, each category has own set of key performance indicators which are however are related to KPIs in other categories. For example, such key performance indicator as sales proposals per one customer is directly related to sales growth rate. Employee satisfaction is linked to customer satisfaction as statistics show that the most satisfied employees in the company have the most satisfied customers, i.e. those who bring the most money for the company.

One shouldnt be in a hurry when making a choice of key performance indicators. Of course, there are KPIs collections and ready to use sets. It is OK to use them but one needs to remember that every business is individual and every implementation process of balanced scorecard is individual as well. Something that perfect lease use one company may be hazardous for another, even if the companies are operating in the same market and in the same industry. At the same time it is very useful to refer to KPIs collections. As a rule, key performance indicators are grouped by industries and balanced scorecard categories. For example, if are most interested in financial indicators youll certainly find the most effective KPIs in financial category in such a KPI collection. In case youre looking for key performance indicators for nonprofit sector you should browse such categories as government, public and nonprofit organizations.

What should one pay attention to when selecting key performance indicators? First of all they should be measurable. One should clearly understand how a particular key performance indicator is measured and what they obtained information means for the company. The second most important factor is significance of the selected KPI for the overall performance. This explains importance of setting weights for Paris key performance indicators. For instance, if the company has problems with customer relations the customer category and all customer KPIs should have more weight than those key performance indicators in the learning and growth category.

We should stress again that there are no universal key performance indicators that will perfectly suit all companies. Use as many resources and KPIs collections as you can and choose the best KPIs for your company.

Surprisingly Simple Way To Find A Personal Injury Attorney

When you see yourself in a situation that requires legal service, it is best if you know who the good Personal Injury Attorneys are. Whether you want to file a claim against your insurance company, or are involved in a lawsuit, a litigation lawyer can help you.

Finding the right injury lawyer may not be difficult, if you follow our simple tips. Remember that having a competent lawyer is your best tool to have a good litigation or settlement. There are many ways to find lawyers who do well in their specialization.

Your friends, relatives and even colleagues can be a good source. Maybe, at one point in their lives, a few of them had hired a lawyer. Whether it was divorce, immigration, or car accident lawyers, they can be helpful.

Surely, the attorneys whom your friends or relatives hired before may know many personal injury attorneys who can take care of your needs. Depending on your situation, you can even get a free consultation from a litigation lawyer.

If they cannot recommend a good legal help to you, or if they do not know where the law offices are located, in your local area, you can do a search on the web.

If you have access to the internet, you can type the word injury attorneys, to narrow down your search to your specific needs. A list of their websites will then appear on your screen.

Start getting the contact details of the ones that are nearest to your home or office. You can also visit their site to determine the reputation of the law office.

The American Bar Association can also help you to find the best personal injury attorneys. When you visit their website, you can do a search of lawyers on the box that says, -Find Legal Help-.

The search tool will take you to the US Map. You have to choose which State you are located in so that the website will give you links to a list of attorneys in your area. The bureau can even provide other legal resources that can help your legal situation.

If you cannot access the web, you can do your search using the telephone directory. It contains complete contact information on legal offices in your city. You can start making a list of potential personal injury attorneys and start calling their offices for appointment.

Sometimes, people have a list of questions they will ask the potential injury lawyer once they meet. This is a good way to gauge the competence of the litigation lawyer.

It depends on your style and confidence, but some people are straightforward in asking questions about the lawyer’s qualifications. For example, people may ask directly how long they have has been in their specialization and what are their rates.

They also ask how many cases he had handled and how many juries have given him favorable verdict. Most importantly, people ask how many settlements he had worked out in behalf of his clients.

Good personal injury attorneys put you at ease during your meeting and are attentive to your needs. They may also give you advice on how to proceed with your situation or what your best options are.

At times, it will be useful to know straightforward about their legal fees. Some personal injury lawyers have been in business for a long time and their reputation gives them the ability to charge a bit higher than others. Take those free consultations that lawyers give so you can evaluate them. Work with one that you feel comfortable with, since you will be talking with him frequently.

Are you having trouble finding a good personal injury lawyer? At http://www.smpadvance.com we offer assistant to find your attorney. We have a telephone number you can call. We want your business so we will give you the best information. Get more tips to solve your personal injury problems at our site. Visit us at Personal injury lawyers and discover how you can help yourself.

Dragon Capital Group, Corp. (drgv) – Financial And Strategic Swot Analysis Review

April, 30, 2014 : Company Profiles and Conferences presents a Company Report on “Dragon Capital Group, Corp. (DRGV) – Financial and Strategic SWOT Analysis Review”, which helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

Summary

Dragon Capital Group, Corp. (Dragon Capital) is an information technology (IT) service provider. The company offers various software applications such as network software, gas pipeline risk assessment system, e-business software development, financial and enterprise information management systems, computerized automation control applications for commercial and residential buildings, commercial third-generation (3G) wireless applications and mobile business solutions, and multi imaging applications. It operates as an investment consulting firm in Shanghai, China through Shanghai Dragon Capital Management and Consulting Co., Ltd. The company operates its business through its network of subsidiaries, namely, Shanghai Dragon Capital Management and Consulting Co., Ltd.; Shanghai Yazheng Information Technology Co., Ltd.; Shanghai Cnnest Technology Co., Ltd. Dragon is headquartered in Shanghai, China.

This comprehensive SWOT profile of Dragon Capital Group, Corp. provides you an in-depth strategic analysis of the companys businesses and operations. The profile has been compiled for bring to you a clear and an unbiased view of the companys key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

This company report forms is the part of Profile on Demand service, covering over 50,000 of the worlds leading companies. Once purchased the highly qualified team of company analysts will comprehensively research and author a full financial and strategic analysis of Dragon Capital Group, Corp. including a detailed SWOT analysis, and deliver this direct to you in pdf format within two business days. (excluding weekends).

The profile contains critical company information including,

– Business description A detailed description of the companys operations and business divisions.
– Corporate strategy Analysts summarization of the companys business strategy.
– SWOT Analysis A detailed analysis of the companys strengths, weakness, opportunities and threats.
– Company history Progression of key events associated with the company.
– Major products and services A list of major products, services and brands of the company.
– Key competitors A list of key competitors to the company.
– Key employees A list of the key executives of the company.
– Executive biographies A brief summary of the executives employment history.
– Key operational heads A list of personnel heading key departments/functions.

South Carolina Residents Who Have Lost A Loved One May Be Eligible For Wrongful Death Benefits

The loss of a loved one is overwhelming emotionally and too often that grief is intensified by worry over funeral expense and other bills related to the loved one’s death. And if the death was due to an accident or negligence, the loss may seem unfair.

South Carolina law provides a way to file a claim for wrongful death and guidelines for collecting compensation. A direct relative–spouse, child, parent or sibling–can file a wrongful death claim. If there is no direct relative, the law allows the heirs to file the claim. .

Wrongful death claims can be filed in a number of cases. The types of cases include:

Auto accidents. These are some of the most common wrongful death claims. Through no fault of their own, someone dies as the result of another person’s negligence. This could be because they were driving under the influence or not paying attention when they were behind the wheel.

Medical negligence. This covers a variety of claims. For example, a person goes into the hospital for routine surgery and because a health professional made an error, they lose their life. Another common medical negligence claim involves giving the wrong medications which results in death.

On-the-job accidents. Construction workers, factory workers and those who drive for a living are vulnerable to an on-the-job accident.

Defective product. This covers everything from food poisoning to an automobile with a defective part. Often these cases involve large corporations and could be part of a class action suit.

Nursing home claims. Many nursing home residents don’t speak up when there is abuse or negligence because they are being abused by the people they depend on the most. Sadly, some die but could have lived longer with proper care.

Loved ones can collect money for two types of losses. Economic losses include not only the funeral and burial expenses but the loss of support in the future. For example, when a father who was the sole breadwinner dies, it can devastate a family’s finances. The money can cover hospital expenses and future lost benefits and wages. Non-economic losses include loss of companionship, loss of consortium and mental anguish.

Wrongful death law suits are often complicated and aggressively defended. Although no amount of compensation can replace the lost family member, taking legal action can often help the family during this difficult time. Having an experienced lawyer on your side will help ensure the process goes as smoothly as possible.

If you need assistance with legal matters involving personal injury, workers’ compensation, auto accidents, medical malpractice lawsuits or general civil litigation, contact Angus Lawton at 843-881-9901 for a free consultation. You can also browse through our website, http://www.lawtonlawfirm.net and familiarize yourself with our attorneys, legal resources and practice areas.

Financial Advisor Marketing Creating Your Foundation with Vision and Mission

Financial Advisor Marketing Creating Your Foundation with Vision and Mission Top financial advisors (as well as top producers in all industries) who have a great advisory business (and life) incorporate a mission statement that is built on principles.

The first step to creating an amazing financial advisory practice and life is to decide what you want. Not deciding what you want, in my opinion, is the most common reason why most financial advisors fail or never reach their potential. Once you decide what you want, you are ready to create a mission statement and a clear vision. n.

In Steven Covey’s book, -Principle Centered Leadership,- he shares that your mission statement should include — four basic human needs: psychological or growth, social or relationship, economic or money, and spiritual or contribution.-

Principle based mission statements remain stable regardless of the outside circumstances in the economy, market or political environment. A mission statement that is based on principles should include: values of your financial advisory firm, the niche you serve, financial products and services you offer, how you offer your product or service as well as how your advisory firm gives back to the community.

Step One: Determine the core values of your financial advisory business

Having clarity on what we value makes decisions easy. Roy Disney shared, -When your values are clear to you, making decisions becomes easier.-

Select the top values that govern your financial advisory firm and life.

Identify & circle your top four financial advisory business values from the list below or select others that may better represent your firm.

Fun

Relationships

Honesty

Delegation

Learning

Community Education

Connection

Volunteer Work

Education

Fitness

Balance

Spiritual Connection

Financial Literacy

Advice

Creating

Serving

Teaching

Compassion

Financial Security

Include all members of your financial advisory firm, when creating your financial advisor mission statement. Buy-in from your team will do more for execution than almost anything else you can do.

Step two: What affluent niche market do you serve in your financial advisory practice?

Be as specific as possible when identifying your ideal niche market, for example traditional affluent women is a better niche market description than all women. Corporate law firms is a better niche market description than simply all lawyers.

Step three: What goals do you aspire to achieve, in your financial advisory firm?

For example, the goal of our affluent women niche market is to provide a legacy of financial literacy for non- traditional and combination affluent women. Your legacy may be to educate and advise corporate attorneys and their firms on risk management through disability and overhead insurance products.

Step four: Identify the various roles you offer as a financial advisor to your affluent niche market.

Examples may include debt counseling, budgeting support, risk assessments, risk management, tax planning, insurance analysis, life planning, financial analysis and financial planning, investment planning and/or estate planning.

Other services for affluent discerning clients may include concierge services, animal services and care, cosmetic surgeons, medical or dental referrals, travel agencies and anything else your affluent client’s desire.

Step 5: Draft your financial advisory mission statement.

Step 6: Confirm that your draft mission statement compliments your purpose and -why.-

Step 7: Finalize your mission statement for your financial advisory firm.

For example: Advisor Marketing Practices provides solutions to increase retention, referrals and repeat business for advisors, and the firms that support them, through relationship marketing programs. Our goal is to improve the lives of all of our stakeholders by elevating their business & life. We offer this through a fun, educational learning environment. Our programs are also designed to help improve financial literacy of all clients, especially women.

An example of a mission statement for XYZ financial advisor firm would be – XYZ Financial Advisory Firm provides objective comprehensive life, financial, estate and investment planning services to non-traditional women facing a life transition. Our goal is to provide a combination of programs that increase financial literacy and also provide social connection. We offer community educational workshops each month to ensure financial literacy for all women.

Once you are clear on your financial advisory business mission statement, the next step is to see your future clearly which is done through your vision.

Vision your future!

Our imagination often is referred to as our inner vision. When used properly, it can bring you anything your heart desires. Unfortunately most financial advisors (and people in general) don’t possess the ability to control what enters their minds. When our minds and imagination are out of control, the result is a life that is also out of control.

Follow these steps to create the inner vision you desire.

Set your intention

Interestingly, the majority of top financial advisors , we have interviewed, who have attended our advisor marketing practices training, have shared that setting intentions for their day, life and financial advisory business had the greatest impact on their bottom line as wells as their overall happiness.

Create a Visualization Board and Book

Your financial advisory visualization board and book is a collage of pictures. The goal of it is to motivate and inspire you to achieve your dreams. Include pictures that represent your ideal financial advisory business, specifically the affluent clients you wish to serve, the income you want to earn, and the impact you make in your niche market, etc.

Include personal pictures that represent your ideal life, too.

Examples include pictures of your family or future family (if you don’t have one), dream vacation spots, favorite inspirational quotes and pictures of your ideal look (physically and mentally), that resonate with your goal .

Each morning, when you rise and evening when you retire, review your visualization book. After reviewing, take a few moments, close your eyes and see your ideal financial advisory firm and life. In addition, to creating a visualization book that represents your ideal financial advisory business and life, you may also want to create a board. Viewing the board during the day can help to keep you focused on your ideal goals and objectives. Experts agree that visualizing an event can dramatically improve our odds of achieving the result!

Continue to spend time working on your mission and also getting clear on what you want in your financial advisor marketing and business plan as well as your life. Then visualize exactly how it will look when you achieve it.

If you want to learn more about including a strong mission statement and vision in your Financial Advisor Marketing Plan go to the Advisor Marketing System and attend our next advisor marketing webinar.

Drawbacks Of Financial Accounting

Accounting is not at all free from some accompanying limitations. In fact, financial accounting permits some alternative treatments as well. Bookkeeping is generally based on the concepts usually referred to as generally accepted principles. But there exist more than one principle for the efficient treatment of any one of the items to take place. This permits alternative treatments with in the big framework of generally accepted financial principles. Financial accounting, sometimes, does not provide one with the essential timely information. Actually, it is not at all a limitation when high powered software applications are used to maintain online and concurrent accounts, where the balance sheet will be made available in an instant.

Financial accounting systems are designed in such a way as to supply information in the form of statements called balance sheets and profit and loss accounts, generally for a period of one year. So the information received is said to be of historical interest only, and only the post-mortem analysis of the past figures can be conducted. The whole business requires information given at the right time, at frequent intervals, in order for the management team to plan and take corrective actions. As the tradition goes, financial accounting method is not supposed to bring in relevant financial information in a time interval less than one year. Now, with the advent of computerized accounting soft wares, monthly profit and loss account figures can be known and this will help overcome the existing limitations.

Some are of the opinion that financial accounting statements and reports get influenced by personal judgments. The ‘convention of objectivity’ is respected all over the world in accounting; but, to maintain records of certain events excellent estimates have to be made, which requires informed and intelligent personal judgment. One cannot expect accuracy when it comes to future estimates; and, as a result, objectivity suffers. Financial accounting sometimes ignores some of the very important non-monetary information. But, the interesting fact is that financial accounting does not consider these transactions as something that is non- monetary in nature. As for reference, the intensity and extent of competition faced by the company in business, the latest technical innovations possessed by the organization, the loyalty and efficiency factor of the employees, etc. are some of the important matters the management of the business would get highly interested.

However, accounting is not tailor-made to take note of these kinds of matters. Thus any end user of financial information will, naturally, get deprived of some vital information which is non-monetary in character. Today, good accounting soft wares with MIS and CRM can prove to be of great use for bookkeepers to overcome this limitation, at least partially. Another disadvantage is that financial book-keeping does not provide a very detailed analysis. The information provided is, in reality, just the aggregate of the different financial transactions that have happened during the course of a financial year. In a way, it enables bookkeepers to study the overall results of the business trends, where the information pertains to the cost, revenue and profit of each and every product.

Ecn Forex Brokers For Your Resourceful Financial Growth

ECN Forex Brokers is a company that shows you a way to better and secure means of financial growth. There is a huge world of opportunities waiting for you to be explored in the world of currency trading. With us you will be in professional hands that guide you and lead you to success. We ensure that the financial investments you make in the world of currency or foreign exchange trading are safe; we also ensure profits and secure return of investments for a long list of clientele in the same way that we would like to reach out to you. We will constantly monitor your portfolio and our expert team will guide you for selling and buying at the right time.

We have some of the best forex trading brokers available with us. Along with this we also select companies carefully that will provide maximum and secure opportunities for financial investment and growth. There are various measures for evaluations and assessments carried out on our part before exposing you to trade with them. We have a round the clock availability of services which makes connectivity and accessibility not a hindrance in course of doing business with us. We will always be available for your queries and investment assistance.

At ECN Forex Brokers we initiate a direct involvement of our clients in the progress of their investment businesses. There will be personalized account created in your name; with it you will get a feel of the work and be more focused and involved in your investments and returns scheme of business. To give you a feel of the business you can also have a demo account created in your name; this will be on for 35 days and give you complete idea of the process of work. It will also ensure that you will be comfortable with the business process once your live account is created. If you arent sure completely we will also offer you a second demo account for greater confidence in our abilities to succeed.

With our options of highly efficient fx online trading you can now enjoy greater access from your home computer or even when you are traveling through your Smartphone or laptops. We have more than 28 pairs of currencies in which you can invest and then sell off at the best bid. The online accessibility enables you to be in touch no matter where you are located and not miss an appropriate business deal when you can sell off and make profits. This is a sphere of business where right timing is very important for successful returns.

As part of our fx online trading we provide our clients the options of different types of live accounts. We also offer a live demo account which will be able to help you in a clear understanding of the business and its method of operations. There is a greater understanding available with the demo account that we offer for all clients who are relatively new in the arena of forex trading. Each account will come with its varied minimum account deposits and even returns which will be fully explained to our clients.

We have online forex traders who have years of experience and the financial expertise to serve you better. Our company grows and succeeds as you do the same and thus we pay focused attention on your accounts and dealings. Your money and investments will be safe with us and our constant monitoring will bring you to success.