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Jun 11 12

Business debt advice: liquidation to performance improvement

by international

An overview of business debt advice covering from liquidation to performance improvement

 

Are you feeling glum that your business is experiencing a period of low cash flow? It is a common affair for a company to face financial issues. In this situation, the owner should take immediate measure and work to end the vicious cycle of debt. You can hire the professionals to guide your organization to get out from this distressful situation. Your organization can be debt free and improve the situation by choosing the right debt solution program offered by the debt relief agency.

 

  • What are the different types of debt solution available for the company to get out of debt?

 

When your company is undergoing financial crisis then you should hire professionals who will help you choose the right debt relief solution that will be appropriate for the financial situation of the company.

 

1. Business debt settlement program:

In this debt relief program the professional debt arbitrators negotiate with the creditors of the organization to make the outstanding balance affordable to pay off. He will design a repayment schedule with the consent of the company owner and the creditors over an agreed time scale. When the business debt outweighs revenue then this program can be a perfect solution to the problem.

 

2. Member Voluntary liquidation:

When the company owner thinks that the company is on the verge of insolvency and the company is no longer in a situation to trade then voluntary liquidation can take place. Many owners use voluntary liquidation instead of selling the company when they show interest to retire.

 

3. Company voluntary bankruptcy:

This debt relief solution safeguards the company from the creditors and they can’t take legal action against the company. In case the company is bankrupt then its remaining assets are liquidated and they shut down the company. But this debt relief program is the last resort for a company.

 

 

 

  • What are the other options that a company has when it is facing financial crisis?

 

What is company administration order?

This process is organized by the court that is designed to safeguard the company against the creditors. This process helps the company to buy time to rearrange itself by bringing some significant operational changes that helps in the future development of the organization.

 

Know about commercial mortgages:

Commercial mortgages can be employed in the process of using it for consolidating debt as well as raising working capital. The new organizations that are developing can use mortgage as short term fund to expand their business.

 

An overview of business refinancing:

The company with blemished credit report can opt for business refinancing as it is considered to be a feasible alternative for traditional company bank loans. The company owner can pay off the current debt with the help of the new loan. In this case, the business can consolidate debt with the help of refinancing and enjoy the benefit of affordable interest rates.

 

Therefore, a company that tends to crumble with the pressure of debt can overcome this distressful situation with the help of right guidance from the financial experts.

 

 

Oct 4 11

Venture Capital Advice

by Braxton7

Braxton offers advice for early stage businesses

Braxton Venture Capital Advice for start ups

Early stage companies can avoid the “mistakes of youth” that can cause problems down the line by hiring a lawyer who has experience working with young companies as early as possible, reports Legal Magazine (www.legal-magazine.com ). According to partners of Braxton Lawyers (www.lawyers.braxton-group.com ), the issues businesses face during their early stages it is stuff that comes up over and over again. Maybe no business lawyer will be an expert in every area, but that person should know enough to spot issues and refer a client to a specialist when necessary. An experienced corporate lawyer will prepare for almost every eventuality, will know the issues and counsel a client through them, said Braxton lawyers.

Jul 4 11

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by Braxton7

Abr 14 11

Find lawyers

by Business

“If you needed a lawyer for a personal legal matter, how likely would you be to use the following resources to find one?” Among the resources listed were webistes, directories, social networking sites and blogs, asked ABA.

 

According to the survey, Forty-nine percent of respondents were very likely or somewhat likely to turn to websites where viewers can ask lawyers for legal information if they needed a lawyer for a personal legal matter. Sometimes sites offer answers exclusively on legal matters, while other sites include legal matters among a variety of topics such as accounting, plumbing and health issues. The interest people have in using Q & A sites to help find a lawyer for a personal legal matter seems consistent with the notions that people want fast and free information on the Internet, be it legal information or otherwise. It is unclear from this research whether people anticipate using Q & A sites to simply solve their legal matters or whether they think about using it to identify a lawyer who is knowledgeable about their particular issues, who they then anticipate subsequently hiring.

Forty-seven percent of respondents were very likely or somewhat likely to turn towebsites where lawyers are rated. This type of third-party credentialing is not unlike the verification a person gets when they turn to a trusted source such as a friend or family member. Obviously, the distinction is that the viewer is unfamiliar with those who provide the ratings. Nevertheless, customer rating sites have becoming popular in a variety of matters, including hotel and travel resources, doctors and teachers.

The second tier includes directories and online matching services. Thirty-nine percent of respondents reported they were very or somewhat likely to turn to online directories as a source to find a lawyer for a personal legal matter. Online directories were an early resource for legal services when the Internet emerged as a commercial vehicle.

Directories typically enabled viewers to identify an area of practice, such as domestic relations or bankruptcy and cross tab that with a geographic location, often a state or major city. The refinement of a few dominant search engines may have disintermediated and reduced the value of online directories. Now a viewer can now merely search for a divorce lawyer in Peoria through a search engine rather than first finding a directory and then using that to ultimately find the lawyer. Search engines are facilitating local searches for lawyers in a field of practice in a particular location and enhancing the search through mapping features that help viewers find the lawyer’s office. Nevertheless, the likelihood of using online directories was in the middle of the pack in this poll.

Twenty-seven percent of respondents reported that they were very or somewhat likely to use a website where people posted their problems and lawyers interested in representing them would then follow up and contact the potential client. This question was intended to ask about matching services. However, it may have been awkwardly presented in a way that led respondents to the belief that their personal information was posted online for all to see. This possibility is supported by the fact that 50% of respondents reported they were very unlikely to use such a model, a percentage substantially higher than the other first and second tier models.

Respondents reported they would be far less likely to use interactive tools that commonly fall under the banner of Web 2.0 compared to the other models included in the research.

Less than one of out five of the respondents were very or somewhat likely to use social network sites such as Facebook as a source when they needed a lawyer for a personal legal matter. Fifteen percent were very or somewhat likely to use blogs.

Just fifteen percent said they were very or somewhat likely to use blogs. It follows, therefore, that blogs are ineffective as tools for client development, right?

Of course not. The question makes no sense. A blog is not a selection tool. It is not a directory. It is not somewhere anyone would go to “find” something.

Rather than looking at blogs and social media as something new, we think people look at blogs and social media as accelerators of relationships and your word of mouth reputation.”

The lead conclusion of the ABA survey is that the first place people turn when looking for a lawyer is to a trusted source.

The goal of all legal networking, we believe, can be summed up in those two words: trusted relationships. Just as consumers buy brand names over generics, legal consumers hire the lawyer their cousin recommended and corporate counsel retain firms based on colleagues’ referrals. In each case, what sways the decision is trust.

A blog is a reputation accelerator. Not every blog is. It has to be well done. It has to have thoughtful posts. It has to offer insight. I’m not talking about the blogs that are nothing more than SEO engines.

It is rare that a potential client will call a lawyer and say, “I’m calling you because you have a blog.” It is far more common, however, for a potential client to call a lawyer who blogs and say, “I’m calling you because I researched lawyers online who handle this kind of law and found frequent references to you.”

Trust is an amorphous and highly subjective concept. A blog is certainly no magic bullet. A blog can, however, provide substantiation for why you should be trusted.

Online networking is no different than traditional networking – if you overlook the fact that it is plugged in, supercharged and global in reach. When done right and to full effect, social media tools add rocket fuel to all of the ways lawyers traditionally get new business. They support client referrals and recommendations, they support peer referrals and recommendations, they take in-person networking beyond physical limits, they strengthen alumni relationships, they simulate conferences and publishing by enabling you to highlight your knowledge and expertise, they even allow you to respond to RFPs.

Social media are a set of tools for broadening and strengthening your network of trusted relationships. Used properly and effectively, social media will enhance your reputation, strengthen confidence in your “brand,” and broaden your professional and personal networks. All of these combine to give others a reason to trust you – and you them.

Blogging is a powerful tool for building a lawyer´s reputation. You need to have a foundation to build on. Blogging won’t make you a great lawyer or even let you pretend to be one. But if you are a thoughtful lawyer with knowledge and insight to share, blogging lets you do that on a level far beyond that of any other publishing platform.

 

Abr 12 11

Investment Funds and Adviser Registration

by Business

Dodd Frank Act in its Title IV related to Investment Funds and Adviser Registration covers a vast array of financial activity from retail to institutional with domestic and extra-territorial consequences and makes major changes to the registration of private fund managers and eliminates the availability of the registration exemptions by foreign hedge funds and private equity funds.

The old exemption from registration for advisers with fewer than 15 US investors is eliminated as of July 21, 2011 and is replaced by new exemptions that are limited and therefore not terribly useful.

Consequences of this are to file a SEC registration to passport across the US and avoid the tremendous burden to undertake a review of the securities law on a state by state basis.

Advisers’ registration with the SEC implies the filing of Form ADV to disclose detailed information regarding the adviser’s business.

Registered advisers will face many obligations including compliance procedures, code of ethics, conflicts of interest disclosure, compliance officer designation, extensive books and records maintenance requirements…

Registered investment advisers will be required also to report once a year through the filing of Form PF thus providing significant amounts of detail regarding the private funds they advise – compliance date for filing may be as earlier as 12/15/2011.

Although seemingly in contradiction with Dodd Frank, Foreign Account Tax Compliance Act, FATCA is an over-reaching peace of legislation on tax avoidance that will trigger all financial intermediaries to enter agreement with US tax authorities and enforce tax information reporting and withholding for US persons investing via/in non-US entities.

Investments funds and Collective Investment Schemes are in the scope; therefore mutual/hedge/private equity/FoFs/ETF/managed accounts are all concerned by FATCA with some exclusion that would need to be reviewed and monitored on an ongoing base.

Custody, fund administration, private banking and transfer agency functions are all impacted by FATCA and it is therefore paramount to understand the different duties of FATCA and how they will need to be address on the value chain of your organisation.

Braxton has financial regulation expertise in cross-border provision of asset management services and is able to offer help on the consequences of these provisions to non-US investment advisers and all financial intermediaries and fund structures.

Mar 16 11

Sub-national/Regional Approach to SME Internationalization Support

by international

Sub-national/Regional Approach to SME Internationalization Support

The Italian Government has always made an important distinction between regions where companies are located, namely between Northern, Central and Southern Italy. The Australian Government has committed A$23.3 million over four years to continue the successful TradeStart network, which, among other things, assists export innovation in regional areas, where exporter numbers are growing at three times the rate of their metropolitan counterparts and where exports account for one in four of all jobs Eight Export Hubs in key locations have been established to offer local businesses a one-stop shop for trade and industry assistance from Austrade and AusIndustry. This blend of industry development and export support is deemed particularly useful to regional innovators seeking to do business on the world stage, whilst benefiting their communities in the process.
This reflects the marked variations observed in the structure and size of SMEs from one area to the other, including the severe problems found in Southern Italy. The Structural Funds Reform of 1988 renewed in 1993, established priority objectives, including the “development and structural adjustment of regions at low development rate” and the “conversion of regions or parts of regions severely affected by industrial decline”. Only 18 of 83 regions (21%) implemented activities to support export-oriented SMEs using regional and national funding in 2006, implying that in nearly 80% of the regions, SMEs did not receive any support for their internationalisation activities.These regions tend to be dominated by small firms and are particularly affected by Italian policy for small firms. Among the key thrusts of this policy are to seek, within EC rules, to reduce disadvantages of small-scale production ,by assisting in the stabilisation or improvement of SMEs‟ position in foreign markets and in the internationalisation and development of foreign trade. In close cooperation with the Italian Institute for Foreign Trade, the Italian government offers eight multi-level regional support programs – among which an export finance fund of EUR 50 million – and additionally finances feasibility studies and the search and selection of export experts.
A key objective of the Estonian national policy for SME development is balanced regional development. Thirteen regional groups are identified and objective(s) and specific support measures are defined for every subgroup. Although “Enterprise Estonia” and “KredEx” have the overall responsibility for implementing most of the measures, regional business centres and the Ministry of Economic Affairs also play important roles in delivering the support programs to SMEs.
The Russian Ministry for Economic Development operates a national export support facility, which involves providing additional financial backing for regions that apply for state funds to assist their SMEs. The uptake for this facility among the Russian regions, however, appears to be low.
Source: Adapted from various websites.

Ene 22 11

Braxton Global Institute

by Braxton7

Braxton Global Institute’s independent investigations combine Braxton’s microeconomic understanding of companies and industries with the rigor of leading macroeconomic thinking to derive perspectives on the global forces shaping international business.

Jun 1 10

what include in recovery?

by Braxton7

Corporate Recovery at Braxton

Our Corporate Recovery services include:

Restructuring
The primary objective within any financial restructuring is to ensure the continuation of your business. All vested interests such as financial institutions, creditors, government and members have a common purpose to maintain operations and a desire to resolve the situation. Whether our clients are stakeholders or lenders, we establish, implement and monitor key financial and organizational solutions to enable the business to adapt to changing local and global economic conditions. Our Corporate Restructuring team draws on its wealth of experience and knowledge to develop innovative solutions to our clients´ most complex problems.

Examinership
Sometimes, the problem may be too far advanced or outside the control of the company. The Examinership process can bring about the re-organisation required in such situations by providing the necessary time, under the protection of the courts, to devise and implement a recovery strategy to the mutual benefit of all stakeholders.

Receivership
The Receivers primary responsibility is to maximise the return for lenders holding security over certain of the company’s assets. A Receiver can be appointed at the request of the Directors or by the charge holder and can provide an efficient mechanism to extract a charge holder while provide the possibility of disposing of an asset as a going concern.