Back Office

The passageway to achieve and sustain wealth (defined as prudent income which grows and outperforms economic conditions) comes from learning, recording and analyzing actionable intelligence.

CAREER enhancement prepares individuals for change; at entry level position (targeting individuals now entering an organization after formal schooling), at leadership post (targeting individuals under consideration for promotion into a leadership role), and at business startup (targeting individuals considering opening they own business), all to fit the right person into the right job.

The Wise Wind

After the recent unprecedented increases of oil prices on international markets and the rippling effects that followed causing higher prices across many sectors of the economy, very few would argue, from an economic viewpoint, against the need to diversify away from fossil fuels. From an environmental position, the need to reduce carbon emissions worldwide to slow global warming and as a consequence, manage climate change has been widely accepted.

The Kyoto Protocol, negotiated by more than 160 nations in December 1997, aims to reduce net emissions of certain greenhouse gases (primarily carbon dioxide (CO2)). Each of the participating developed countries must decide how to meet its respective reduction goal during a five-year period (2008-2012); but specific ground rules remain to be worked out at future negotiating sessions. Under a climate change Bill announced in the Queen's Speech in November 2006, the British Government promised to monitor annually progress towards the five-year milestones, in order to deliver a sixty (60%) percent reduction on 1990 levels by 2050.

The Big Issues

In building a sustainable society, one in which the quality of life is measured by the efficiency in delivering and reducing the dependency on basic services, focus must be on the big issues; Health and Education.
The health of a population is paramount to it development. This is made clearer when water availability, agriculture, food processing and trade, crime prevention and detection are seen as part of the overall health issues. Health is more than the research of the root causes of illness and development of treatments or cures, it is more than diets and exercises to maintain fitness levels, it extends into lifestyles incorporating disease free water supply, defense against nature’s ailments, well prepared foods and safety against accidental or criminal events in all aspect of daily living. Separating these very important issues leads to miscommunications and adversity.

Government Jobs

In a recession, it is well accepted that the safest income comes from Government programs, backed by taxpayers and the Government’s ability to borrow or print more money. Programs such as welfare or social assistance, health services, public transportation, law enforcement, infrastructure maintenance, are necessary to stimulate a quick economic recovery. The private sector earnings is reduced to the flow of funds out of these programs, hence they too must become Government employees.

Prioritizing Yourself

Personal Success can only be measured against preset and pre-stated targets; I am going to be physically and mentally healthy for as long as possible, I will earn higher qualifications within the next four years and generate more revenue in my chosen field directly after, I will build trusting and loyal relationships with family and friends over my lifetime, but which carries the most importance - Health, Wealth or Relationships.

Asset Valuation

The key issue, at the centre of the crisis of confidence that has driven the world’s financial slowdown, is clearly the present value of assets. Many of these assets are a mix of tangible and intangible component. For example, the value of a thirty year old business is its current and fixed assets plus its inventory less its liabilities, plus the intangible goodwill from customers that has accumulated over many years. Because of the goodwill and many other elusive values, which form significant parts of a balance sheet, an association of accounting and auditing professionals with worldwide recognition, set standards for valuating such assets.

Standard Accounting Practices are a set of rules which were developed and are constantly reviewed to ensure that comparisons can be made and understood. Regulators, such as tax collectors and securities and exchange commissions, are guided by these rules. Noting that the same highly trained and experienced accounting professional that is charged to set and enforce the rules also serve clients, whose objectives are to make profits even if it means breaking the rules, hence, the complexity to hide an asset’s true value.

One Technology Card

Eliminating the stigma associated with Government handouts by applying public relations strategies to gain universal acceptance firstly for the programs themselves and then for the delivery (qualifying, administering and auditing) systems. Computer Programmers along with hardware manufacturers design solutions targeted to build and improve societies. Working in collaboration with various experts, trained in a multitude of disciplines, to eliminate waste and employing efficiency techniques and measures to the delivery of numerous public services.

Recession Business

During this global recession some business sectors will continue to be profitable. Agriculture, Processing and Packaging, Transportation and Maintenance are all reliant on Energy and Security.

Agriculture, both animal (including fish) raring and plant cultivation of any basic food items at any scale or size of farm, can offer the much sort after food security. From massive farms to home gardens, utilizing all available space, state-of-the-art technologies and practices, to grow food, is an opportunity for everyone to benefit. Mixed farming and multi-storey green houses are the latest techniques for all year round profit generation. Green house construction and farming support services, such as agricultural consultancy and education, animal feed supply and plant nutritional supply, are further profit generation opportunities.

Funding Opportunities

Whether expanding an existing business or establishing a new project, financing can be an enormous challenge. The funding requirements forces decisions to be taken on the ownership structure, succession plans, debt funding, management incentives, employee share ownership participation and most importantly, an exit strategy, to guide success.

The ownership structure can be a mix of common (by class) or preference shares, with different powers (voting rights) and rewards (returns options) and requires a skilled financial negotiator to get the best mix. The best arrangement to the ownership structure of any business or project is determined by the entity (individual or group) that intent to provide the most valued capital (the key component that the business or project needs the most). Hence the golden rule, the one with the gold makes the rules. So the ownership structure is decided by the one with the most to lose.

Understanding Financial Institutions

Money is an economic tool created to measure ownership and development activities, giving rise to many opportunities for countries, groups and individuals to measure net worth (the difference between the value of what is owned against what is owed) with the same tool, money. Tracking the exchange of property, goods and services is therefore the function of the financial system compiling many complex entities.

Financial Institution, in a free market system and in most of the developed world, is a legal status given to an organization holding a license from the relevant and recognized regulatory body to operate depository accounts on behalf of a public. Ideally, this license grants the right to the issuer and regulator to examine and step in and take any necessary action to protect depositors’ accounts, most of which are protected to a specified limit by depositor’s insurance backed by taxpayers and the regulator’s statutory deposits from the pertinent financial institution as a percentage of all deposits held.