Q. This business which is surely going to be a success is to be esterblished and operated in another country, how can i get loan from the United states to finance this business. Right now, i don't have any money of mine that i can commit to this business. i would need about $5 million to start. I live in New Jersey,U.S
A. This is a very curious question, I'm not sure if I understand it,
but I can tell you a few hints to consider:
First of all 5 million dollars is a considerable sum of money, and most lenders that I know of would want heavy collateral and
assurances of making sure their money would be paid back with interest.
You would have to show that you are permanently employed, you have at least 30% disposable income to be available, you would have to show the strengths or possibilites of your business venture, from top to bottom, they would have to know the politics of the country you intend to work out of, the exchange rate of the US dollar which changes daily. potential trouble spots that may
come about as a country might nationalize all its assets, and that
includes private business and property, and other confiscations.
The stability of the government in which you intend to do business in and with (you will have to pay their business taxes)
Your lender would ask you such questions as:
If I grant you the money how can you assure me you will repay it within an agreed upon contractual time limit?
Exactly what is the product or service you will be selling?
Have you done a marketing analysis to assure us there is a market for your product or service?
Do you intend to make or buy at wholesale levels?
Will there be inventories to maintain?
What about transportation if needed? USPS/UPS/FEDEX/DHL?
What modes of advertisement do you wish to use?
What do you intend to do to stay away from undercapitalization?
Once in business, what are the possibilities of going broke, or declaring bankruptcy?
Do you intend to use full information technology(IT) management
aids?
Cell phones, printers, MP3s, Ipods, PDAs, main frame computers, lap tops and desk top computers? FAX?
Software costs associated with all IT users, what would be your plan in that department?
See, the lender will require a master plan laid out clear and proper to be able to see what you got, and then decide accordingly.
If you fall short on any of this criteria, the lender migh become
skiddish, and turn down your request for financing.
But these items I have laid out cover the lion's share of questions
you can expect to answer, when the lender comes to call.
Thats my message, good luck.
Donald H. Sites
sueanddon350@sbcglobal.net
but I can tell you a few hints to consider:
First of all 5 million dollars is a considerable sum of money, and most lenders that I know of would want heavy collateral and
assurances of making sure their money would be paid back with interest.
You would have to show that you are permanently employed, you have at least 30% disposable income to be available, you would have to show the strengths or possibilites of your business venture, from top to bottom, they would have to know the politics of the country you intend to work out of, the exchange rate of the US dollar which changes daily. potential trouble spots that may
come about as a country might nationalize all its assets, and that
includes private business and property, and other confiscations.
The stability of the government in which you intend to do business in and with (you will have to pay their business taxes)
Your lender would ask you such questions as:
If I grant you the money how can you assure me you will repay it within an agreed upon contractual time limit?
Exactly what is the product or service you will be selling?
Have you done a marketing analysis to assure us there is a market for your product or service?
Do you intend to make or buy at wholesale levels?
Will there be inventories to maintain?
What about transportation if needed? USPS/UPS/FEDEX/DHL?
What modes of advertisement do you wish to use?
What do you intend to do to stay away from undercapitalization?
Once in business, what are the possibilities of going broke, or declaring bankruptcy?
Do you intend to use full information technology(IT) management
aids?
Cell phones, printers, MP3s, Ipods, PDAs, main frame computers, lap tops and desk top computers? FAX?
Software costs associated with all IT users, what would be your plan in that department?
See, the lender will require a master plan laid out clear and proper to be able to see what you got, and then decide accordingly.
If you fall short on any of this criteria, the lender migh become
skiddish, and turn down your request for financing.
But these items I have laid out cover the lion's share of questions
you can expect to answer, when the lender comes to call.
Thats my message, good luck.
Donald H. Sites
sueanddon350@sbcglobal.net
how derivatives can be used to hedge risk associated with weather and global warming?
Q. Describe how derivatives (forward contracts, futures, options and swaps) can be used to hedge risk associated with weather and global warming.
A. Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to reduce risk associated with adverse or unexpected weather conditions. The difference from other derivatives is that the underlying asset (rain/temperature/snow) has no direct value to price the weather derivative. Farmers can use weather derivatives to hedge against poor harvests caused by drought or frost; theme parks may want to insure against rainy weekends during peak summer seasons; and gas and power companies may use heating degree days (HDD) or cooling degree days (CDD) contracts to smooth earnings.
Heating degree days are one of the most common types of weather derivative. Typical terms for an HDD contract could be: for the November to March period, for each day where the temperature falls below 18 degrees Celsius keep a cumulative count. Depending upon whether the option is a put option or a call option, pay out a set amount per heating degree day that the actual count differs from the strike.
The first weather derivative deal was in July 1996 when Aquila Energy structured a dual-commodity hedge for Consolidated Edison Co. The transaction involved ConEd's purchase of electric power from Aquila for the month of August. The price of the power was agreed to, but a weather clause was imbedded into the contract. This clause stipulated that Aquila would pay ConEd a rebate if August turned out to be cooler than expected. The measurement of this was referenced to Cooling Degree Days measured at New York City's Central Park weather station. If total CDDs were from 0 to 10% below the expected 320, the company received no discount to the power price, but if total CDDs were 11 to 20% below normal, Con Ed would receive a $16,000 discount. Other discounted levels were worked in for even greater departures from normal.
After that humble beginning, weather derivatives slowly began trading over-the-counter in 1997. As the market for these products grew, the Chicago Mercantile Exchange introduced the first exchange-traded weather futures contracts (and corresponding options), in 1999. The CME currently trades weather derivative contracts for 18 cities in the United States, nine in Europe, six in Canada and two in Japan. Most of these contracts track cooling degree days or heating degree days, but recent additions track frost days in the Netherlands and monthly/seasonal snowfall in Boston and New York. A major early pioneer in weather derivatives was Enron Corporation, through its EnronOnline unit.
Climetrix® Weather Derivative System Launches Seamless Integration With TFS White Board and YellowJacket Software's YJ Weather
Newark, Calif. â July 17, 2006 â Risk Management Solutions (RMS), the worldâs leading provider of products and services for the management of natural hazard risk, today released version 5.1 of its Climetrix® weather derivatives trading and portfolio risk management system. This release provides an automated, direct link between Climetrix and the two most important sources of over-the-counter (OTC) weather market data: TFS White Board and YellowJacket Softwareâs YJ Weather. Climetrix version 5.1 also includes expanded option pricing functionality that automatically identifies the most valuable OTC trades available in the market.
The features added to version 5.1 provide further examples of how Climetrix automates processes that add significant value to a weather trading desk. The new functionality included in Climetrix 5.1 saves traders from performing time-consuming deal entry and also provides automatic notification of any potentially valuable deals posted to TFS White Board or YJ Weather.
Jeff Hamlin, director of Weather Risk Solutions at RMS, comments, âBy directly linking Climetrix with the TFS White Board and YellowJacketâs YJ Weather, our clients can instantly price virtually all weather contracts quoted in the OTC market. Details of these OTC markets are automatically loaded into Climetrix and then updated on a real-time basis so traders can spend less time on deal entry and more time trading.â
Climetrix version 5.1 also includes expanded option pricing functionality that instantly calculates the value of any new OTC market relative to recently traded or recently quoted values. This new functionality ranks all existing OTC option markets according to value, allowing clients to focus on the most valuable opportunities available in the OTC market.
More information about Climetrix can be accessed at: http://www.climetrix.com. Climetrix provides integrated access to all of the data, pricing tools, and portfolio management capabilities that are needed to participate successfully in the weather derivatives market.
http://www.marketwatch.com/news/story/growing-futures-market-lets-businesses/story.aspx?guid=%7B40213F1C-4108-4464-859B-47436F68649B%7D
http://www.ubs.com/1/e/media_overview/media_emea/mediareleases?newsId=117789
http://www.indexuniverse.com/index.php?option=com_content&view=article&id=1044&Itemid=38
Heating degree days are one of the most common types of weather derivative. Typical terms for an HDD contract could be: for the November to March period, for each day where the temperature falls below 18 degrees Celsius keep a cumulative count. Depending upon whether the option is a put option or a call option, pay out a set amount per heating degree day that the actual count differs from the strike.
The first weather derivative deal was in July 1996 when Aquila Energy structured a dual-commodity hedge for Consolidated Edison Co. The transaction involved ConEd's purchase of electric power from Aquila for the month of August. The price of the power was agreed to, but a weather clause was imbedded into the contract. This clause stipulated that Aquila would pay ConEd a rebate if August turned out to be cooler than expected. The measurement of this was referenced to Cooling Degree Days measured at New York City's Central Park weather station. If total CDDs were from 0 to 10% below the expected 320, the company received no discount to the power price, but if total CDDs were 11 to 20% below normal, Con Ed would receive a $16,000 discount. Other discounted levels were worked in for even greater departures from normal.
After that humble beginning, weather derivatives slowly began trading over-the-counter in 1997. As the market for these products grew, the Chicago Mercantile Exchange introduced the first exchange-traded weather futures contracts (and corresponding options), in 1999. The CME currently trades weather derivative contracts for 18 cities in the United States, nine in Europe, six in Canada and two in Japan. Most of these contracts track cooling degree days or heating degree days, but recent additions track frost days in the Netherlands and monthly/seasonal snowfall in Boston and New York. A major early pioneer in weather derivatives was Enron Corporation, through its EnronOnline unit.
Climetrix® Weather Derivative System Launches Seamless Integration With TFS White Board and YellowJacket Software's YJ Weather
Newark, Calif. â July 17, 2006 â Risk Management Solutions (RMS), the worldâs leading provider of products and services for the management of natural hazard risk, today released version 5.1 of its Climetrix® weather derivatives trading and portfolio risk management system. This release provides an automated, direct link between Climetrix and the two most important sources of over-the-counter (OTC) weather market data: TFS White Board and YellowJacket Softwareâs YJ Weather. Climetrix version 5.1 also includes expanded option pricing functionality that automatically identifies the most valuable OTC trades available in the market.
The features added to version 5.1 provide further examples of how Climetrix automates processes that add significant value to a weather trading desk. The new functionality included in Climetrix 5.1 saves traders from performing time-consuming deal entry and also provides automatic notification of any potentially valuable deals posted to TFS White Board or YJ Weather.
Jeff Hamlin, director of Weather Risk Solutions at RMS, comments, âBy directly linking Climetrix with the TFS White Board and YellowJacketâs YJ Weather, our clients can instantly price virtually all weather contracts quoted in the OTC market. Details of these OTC markets are automatically loaded into Climetrix and then updated on a real-time basis so traders can spend less time on deal entry and more time trading.â
Climetrix version 5.1 also includes expanded option pricing functionality that instantly calculates the value of any new OTC market relative to recently traded or recently quoted values. This new functionality ranks all existing OTC option markets according to value, allowing clients to focus on the most valuable opportunities available in the OTC market.
More information about Climetrix can be accessed at: http://www.climetrix.com. Climetrix provides integrated access to all of the data, pricing tools, and portfolio management capabilities that are needed to participate successfully in the weather derivatives market.
http://www.marketwatch.com/news/story/growing-futures-market-lets-businesses/story.aspx?guid=%7B40213F1C-4108-4464-859B-47436F68649B%7D
http://www.ubs.com/1/e/media_overview/media_emea/mediareleases?newsId=117789
http://www.indexuniverse.com/index.php?option=com_content&view=article&id=1044&Itemid=38
Can someone help me find inventory software. I work in a small office and just need to track equipment?
Q. I don't need bar codes or any ting like that. Just office inventory, i.e. desks, phones, computers, etc. I just want an easy way to track and print reports. Such as how many dell computers, how many lap tops, how many cameras, etc. I also need to assign asset numbers. PLEASE HELP!!!
A. You can take a look at inFlow Inventory. It is a basic inventory system that has all the esstenials.
They have a Free version that is free forever, but limits to 100 products and customers. The software itself is very easy to use and fast to install.
Here is their website:
http://www.inflowinventory.com
Hope this helps!
They have a Free version that is free forever, but limits to 100 products and customers. The software itself is very easy to use and fast to install.
Here is their website:
http://www.inflowinventory.com
Hope this helps!
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