Arrival of Vidyo in Asia Pacific to Boost Growth of Video Conferencing

Video conferencing is fast becoming one of the most popular virtual communication tools in Asia Pacific in the corporate sector. It is already used by many large enterprises that aim to maintain face to face communication with their distantly located business associates. Singapore itself has many Small and Medium Businesses (SMBs) that are looking for adopting this communication solution, though only a few can afford it. However, with the arrival of companies like Vidyo and LifeSize, this is about to change as these solution providers will cater to the SMBs rather than large enterprises.

According to an official at Frost & Sullivan, SMBs only contributed to 20 per cent of the whole video conferencing segment earlier, though this figure rose to 30 to 40 per cent in 2011 and will cross the 50 per cent mark in the coming 3 to 4 years. However, experts do not believe that this growth would be so easy to achieve, though they are still extremely optimistic. In Asia Pacific, video conferencing is largely out of the reach of SMBs due to high initial costs and running costs as well as tremendous bandwidth requirements.

The primary barriers in the growth of video collaboration among the small and medium sized companies of the region have, traditionally, been cost and complex network infrastructure. Both these factors have held back many smaller companies that are either risk averse or do not have access to the required resources. Though overall costs associated with video have considerably come down over the past few years, bandwidth availability is a roadblock that is not expected to go away soon. For this, governments of emerging markets of South East Asian countries like Singapore need to put a robust infrastructure in place that can support High Definition video as well telepresence solutions.

Any company that regularly hosts video conferences for business can easily save tremendous costs and increase individual as well as overall organisational productivity. Apart from these ‘tangible’ benefits, successful implementation of this Conferencing also presents ‘intangible’ benefits like more collaboration, higher morale and improved rate of client satisfaction. Notably, experts working at research house Ovum said that companies which adopt this solution can easily recover 100 per cent costs in just one year.

Such positive predictions by prominent research houses as well as the presence of Vidyo have bolstered confidence of SMBs themselves in video collaboration. Therefore, the Compound Annual growth Rate (CAGR) of the segment in Asia Pacific is expected to be close to 7.8 per cent between 2011 and 2016, higher than the 5.8 per cent projected for the international market. This shows that video collaboration is all set to grow in the region over the next few years and reach new heights.

Lee Mark is an accomplish expert in the field of Video Conferencing, with experience of more than 6 years under his belt. His expertise also extends to video and High Definition Video solutions.

Economics masquerading as Altruism

Economics masquerading as Altruism It is a human tendency of getting envious when someone else pose a threat to your stature or is on the verge of overtaking you in any field, one tries every possible methodology in order to retain his stature and do not even abstain himself from adopting devious methods in order to restore it. The above tendency is synonymous with the developed countries as well who are boggled by the pace at which the economic development of the developing countries is taking place. Global warming is a very grave issue and requires concerted efforts from both the developed and developing countries. The developed countries have perceived this issue in a very immature way by putting the onus of this problem on the developing economies irrespective of all the commercial activities being carried by them contributing to Global warming. It is indeed interesting to note that the emission levels had shot up unprecedently in the 1970’s but this issue was never heeded as the economies of the developed countries were blooming at that point of time. Eversince the late 1990’s the economies of the developing countries started to expand and that too at a rapid pace which made the developed economies wary of the threat being posed by the developing economies. In order to encumber their growth, they started using Global warming as a tool to fructify their objectives by masquerading this issue in an exaggerated manner. Recently during the Copenhagen meet, a lot of restrictions were being imposed on the developing economies in order to compel them to cut down on emissions. In a study it was found that U.S.A accounts for 25% of the Global emissions whereas developing countries like India accounts for a miniscule 0.2%. It is therefore imperative for the developed countries to get their facts right and try to cut emissions on their part rather than imposing unwarranted restrictions on the developing countries in order to curtail their Economic development. At the same time it is essential for both the developed as well as developing countries to join hands and work together with efficacy in order to tackle Global warming which is indeed a serious problem. It should be vacillated as the repercussions could be very dreading rather than finding out ways to retain economic supremacy by encumbering the growth of each other.

London School Of Economics Mba Course

London University of Economics MBA program is actually a network analysis specialist within the social sciences; it is situated in London, United Kingdom, as well as a principal federal college of University of London. I t is founded in 1895 by members of the Fabian Society. London School of Economics arranged teaching and research across a range of social sciences, including finance and accounting, economics, anthropology, history, geography, law, international relations, media and communications. In addition, they conduct teachings in philosophy, politics, psychology, social policy and sociology.

London, UK School of Economics MBA are listed as the top though they’ve fallen from the rankings then, they have regain their visibility lately. A London School of Economics MBA ranking is still the leading MBA institution within the globe. They have been ranking fifth, fourth, third and second in the last 5 years until now. LSE also ranks high in other listings like the employer review surveys. In the beginning of the rankings of the employers eyes, they’ve by no means ended outside the leading five universities inside the world.

All through the United Kingdom, London School of Economics MBA had the highest percentage of study on the world’s leading institution of greater education. A leading company school in the UK these days that excels from the rest is performing their ideal in relation to MBA programs. Ashridge Business School facilitates men and women and organizations to be the finest. They’re proud to collaborate with a number of the organizations leading the company to manage the complicated challenges they face, like the formulation as well as implementation associated with tactical enhancement, current administration and also transformation.

The mission of most colleges and universities that gives social sciences courses would be to have a relatively graduate student in enterprise with an Mba degree. London School of Economics MBA offers similarly desired to have their own portion of these kinds of graduate students. LSE has produced many prominent alumni within the fields of law, organization, economics, literature and politics. You will find presently 16 Nobel Prize winners among the alumni and staff of the LSE, past and present, as well as 34 globe leaders and many Pulitzer Prize winners and colleagues of the British Academy.

Fabian Community, left funds in trust to be placed inside the path of advancing its objectives in any way these people deem suggested. London School of Economics MBA report that the proposition to build the varsity was envisioned within the breakfast meeting. The trustees approved the actual suggestion. LSE maintain to have an impression in British society by means of its interactions and also reassurance in politics, economics and law.

Observing The Home Economics Curriculum And Its Profits To Your Child

When it comes to school education, there will probably not be a person in sight that would argue that math, science, and English are important. But for the future of the child, home economics curriculum is just as important because they will someday have to move out of their parent’s house and fend for themselves.
The home school curriculum review seems to show that even though this is an important study, there are not too many people taking that part of the curriculum serious enough. The home economics curriculum is what will help teach the student how to cook and sew on his or her own. Since these are two big things that really should be understood before moving out on their own, more focus should be put on home economics curriculum.
There are a lot of valuable things that can be learned from the home economics curriculum and there really should be no reason why a student is not taking the course serious. If the parent or the teacher takes the home economics curriculum serious then the child will as well.
Other Things To Think About
When it comes to the home economics curriculum feel free to add in your own special lessons on top of what the curriculum already has planned. There is nothing wrong with learning a little bit extra about laundry, dishes, cooking, or sewing. So make sure that you are giving your little student every shot he or she has at getting a good education for him or herself.
This way your child will know a little bit about everything and will just be that much more prepared for the real world when he or she finally steps out into it. It is so important to be ready and it is up to the parents to make sure that it is taken car of. Make sure that all of the studies that are taking place through the home economics curriculum are being taught and practiced under strict supervision. This is the only way to make sure that major accidents do not happen.
While getting a little burn mark on the food is a part of the natural learning process, burning down an entire kitchen is not. So make sure that you never leave the child unattended when you are teaching parts of the home economics curriculum. You should always be present during your child’s school studies anyways so there should be no real concern there.

Start A Singapore Corporation And Its Legal Requirements

A Singapore corporation provides several advantages especially in terms of bankruptcy protection and tax exemptions and benefits. With this, many foreign and local entrepreneurs choose this legal business formation for their companies.

However, corporations are required to follow certain legalities stated by the Singapore Companies Act. In addition, it is a mandatory for the business to submit an annual filing requirement to the Accounting and Corporate Regulatory Authority (ACRA) and the Inland Revenue Authority of Singapore (IRAS).

Meanwhile, these are the basic legal requirements for corporations in Singapore, according to Asiabiz which is the countrys leading business solutions provider.

1. Company secretary

Within six months of incorporating a company, it is a legal requirement in Singapore to appoint a qualified secretary who must be a local resident and has a professional knowledge in handling all the compliance matters stated by the countrys corporate law.

2. Submission of the financial year-end document

This document is the basis for the deadline for the submission of the accounting requirements and financial statements.

3. Corporate meeting (also called as the annual general meeting)

This is a required formality which must be held within 18 months of incorporating a company. Meanwhile, the succeeding meeting will be held once every fiscal year but not more than 15 months apart.

4. Directors report

This report must consist the unaudited financial statements including the income statements, balance sheet, etc.; the directors and shareholders interest and accounts; disclosure of the companys operations; and documents showing the accounting policies adopted by the company.

5. Annual returns

Annual returns, which consist of financial accounts of a company, should be filed to ACRA one month after the companys annual general meeting.

6. Registration number

ACRA issues the business registration number which must be present on a companys invoices, billings, letterheads, and other business documents used for communications purposes.

7. Tax returns

Tax returns including the directors report, tax computation, and Form C must be filed earlier than 31st October.

8. Estimated chargeable income (ECI)

The ECI is an estimate of a corporations chargeable income for the Year of Assessment. To submit this requirement, a company should provide these following information: estimated revenue, financial year-end, and estimated profits.

9. Form C

This form should be filed every June after a fiscal year. However, this deadline may be extended until December if a company has submitted its ECI within three months after the end of its accounting period.

10. Audited or unaudited accounts

For a private limited company with less than S$5 million of turnover, IRAS will allow it to file unaudited accounts. However, the agency is stricter for the branch offices of foreign companies which are required to submit the parents audited financial statements.

Major Uk Payday Loan Lender Taken Over By An American Corporation

Bury St Edmunds based Fortress, founded in 2004, continues to grow fast to turn into considered one of the UKs major cash advance lending businesses. Fortress is an fully online loan provider, and was set up with very best of breed IT techniques and compliance processes to let it to be scalable. It is growing rapidly since creation and a current review found it to be one of the leading five players in the industry. Fortress, which sells under the brand name 1 Month Loan offers quick unsecured loans to private individuals generally known as payday loans as they are designed to be paid back on payday. Such lending products have higher interest rates but their expense compares more positively to unauthorized overdraft facilities and they are a great deal easier to obtain than bank funding. For the consumers they are easy and confidential.

The business, which works totally online and sells under the name “1 Month Loan”, was launched in Cambridge in 2004 but moved in 2009 to Bury, where it presently employs about 50 men and women. The value of Think Finance’s purchase is not being disclosed, but Fortress chief executive Kieran Moulden claimed that, as a consequence of the new finance, the corporation planned to increase its internet business 10-fold, and increase its labourforce to between 150 and 200 over the next two years. These work opportunities would all be primarily based in Bury, he added, with the village having been determined in 2009 as an great place for growth and there being no plans to move or start offices in a different place as a consequence of the company’s purchase.

Payday credit is a mature industry in the Usa without a doubt there are a lot more payday lending shops than there are branches of McDonalds. The UNITED KINGDOM market is less developed but rising swiftly and is attractive to US acquirers as shown by the new arrangement by NASDAQ listed Dollar Financial Corp to purchase Purpose UK Holding the biggest UK payday lender for ?124M

Think Finance is certainly one of the USs best growing non-public businesses with three year profit growth of over 70% . Think Finance delivers revolutionary financial solutions which supply under-banked consumers with superior solutions for their financial demands mixing comfort, affordability, and transparency. Set up in 2001, Think Finance has served over 1 million buyers. The firm is privately held and backed by some of Silicon Valleys most respectable venture capital corporations, which includes Sequoia Capital and Technology Crossover Ventures. Think Finance will offer capital to support Fortresss enlargement. All of the Fortress Directors will remain with the company to direct its development.

Gross Domestic Product Not A Good Measure Of Economic Health

The percentage of growth in GDP is used, at times, to measure health of the economy. The United States GDP estimate has been downgraded recently to just a couple percentage points. News reports often cite the Gross Domestic Product to explain the health of the economy. Economic progress, however, is far too complicated for one number to measure. The GDP is simply outdated. Article source – Why GDP is not the best measure of economic growth by MoneyBlogNewz.
What you need to know about the Gross Domestic Product
The entire value of goods and services in a country is represented by the GDP. GDP began as a measurement of the standard of living in various countries, however it is used in several other ways. Finding the GDP takes a special formula. It calls for adding up government spending, exports, gross investment and private consumption. Congress was given a report of Gross Domestic Product in 1934 for the first time. Simon Kuznets put it together. Decisions were made by the Federal Reserve on this. That is what the GDP was good for.
The information measured by the GDP
The limitations of the Gross Domestic Product have been clear for a long time. The “real” Gross Domestic Product is released by the Bureau for Economic Analysis that adjusts the number. Without that adjustment, the GDP would always appear to be growing with the rate of inflation. The Consumer Price Index, which is a way of measuring the inflation or deflation of the cost of most household goods, also has no impact on the Gross Domestic Product. Even though the American has less income if households go up by 400 percent, the GDP will go up.
Comparing GDP with credit card
Since negative numbers aren’t taken into account, the Gross Domestic Product has the biggest problem with that. To translate the Gross Domestic Product in terms of a household budget, it would be as if you calculated the health of your household finances based on how much money you spent — both in cash and on your credit cards. There are several things left out. There is the possibility a mortgage payment won’t be made, the spending budget could be damaged and eventually the cards have to be paid. Measuring the economic growth of the United States — or any country — based solely on Gross Domestic Product is too simplistic to be accurate.
Citations
The Money Alert
themoneyalert.com/GDP.html
Blogging Stocks
bloggingstocks.com/2010/09/10/economists-lower-2011-u-s-gdp-growth-forecasts-to-2-5/
Investopedia
investopedia.com/study-guide/cfa-exam/level-1/macroeconomics/cfa3.asp

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Should I Pay Myself Salary Or Dividends From My Corporation

Should I pay myself salary or dividends from my corporation as a business owner?
By Accountant Mississauga

Should I pay myself salary or dividends from my corporation?

This is a very common question that I encounter in my accounting practice in Mississauga, and the answer can make a big difference in your bottom line.

Advantages of Salary – Should I pay myself salary or dividends from my corporation – Accountant Mississauga

Should I pay myself salary or dividends from my corporation? To answer this question, you should look at the advantages and disadvantages of each.

The advantages of paying yourself a salary from your corporation are:

Salary is treated as earned income for RRSP purposes. This means that salary increases your RRSP room.
Salary is provable income for financing purposes. If you are planning on applying for a line of credit or a mortgage, then paying yourself a salary will help you qualify.
Salary is subject to Canada Pension Plan (CPP) premiums. By paying into the Canada Pension Plan your entitlement to CPP will increase.

Disadvantages of Salary

The disadvantages of paying yourself salary from your corporation are:

Paying salary is administratively cumbersome. You may have to hire an accountant in Mississauga to manage payroll remittances to the Canada Revenue Agency, preparation of T4 slips, calculation of source deductions, etc.
Salary is subject to CPP premiums at a rate of 9.9 cents for every $1 of salary. This can be expensive.

Advantages of Dividends – Should I pay myself salary or dividends from my corporation – Accountant Mississauga

The advantages of paying yourself a dividend from your corporation are:

Dividends are taxed at a lower rate than salary. In fact, the first $40,000 of dividends can be received completely tax-free.
Dividends are not subject to CPP premiums, which can add up to big savings.
Dividends are administratively simple. You do not have the burden that you do with payroll. To pay yourself a dividend, you simply write a cheque to yourself from your corporation.

In order to pay dividends, your articles of incorporation must allow for dividends to be paid. I recommend having your articles of incorporation reviewed by a business lawyer or Accountant in Mississauga.

Additionally, at the end of each year, a business lawyer should update your corporations minute books and prepare a directors resolution for the dividends paid.

Conclusion

Now that you know the advantages and disadvantages of dividends and salary, you should consult with an accountant in Mississauga to determine which one best fits your circumstances.

The Availability Of New Homes Can Spark Economic Development

Have you ever thought about investing in one of the new homes being built in or around your town? It doesn’t matter if the housing developer in question is building a dozen residences or a hundred. These communities usually entice businesses to enter the area and set up shop. This perpetuates economic growth on many levels.

Perhaps you are interested in opening a small, independent business of your own. If you buy yourself one of the new homes close to a growing shopping district, you can keep an eye on development nearby. Then, if a commercial space becomes available, you can decide if the traffic in the area is heavy enough to warrant signing a lease. When there is an affluent neighborhood within walking or driving distance of the commercial space, you can anticipate that a lot of people with disposable income will drive by and see the shops. Just make sure that the businesses housed near yours will draw crowds. You will be sure to benefit if you are located near a grocery store or some other big-box retailer.

Maybe you are interested in working out of your home. New homes are perfect places to host sales parties and gatherings where ladies and gentlemen can sample various products and make purchases. In fact, a lot of newly constructed houses are in gated communities where it is popular for people to host events in an effort to get to know their neighbors. If you have folks over in order to promote your business, the inviting atmosphere might prompt them to take a closer look at your products and spend some money. You might even make some new friends in the long run.

Imagine the many networking opportunities that are possible when you are in constant contact with the residents in new homes around you. You will be able to promote your business, pass out samples, invite people to events, and seek advice from other professionals. These are all things that can make a significant difference in the growth of your business. Just be sure that you do not pressure anyone into promoting your services or buying your products. Products sell themselves if they are truly innovative and worth buying.

Keep an eye on new developments being constructed in your area and tour some of the houses in these developments. Try to learn more about nearby neighborhoods that seem to be experiencing rapid growth. You might want to think about moving if an area seems to have a lot of potential.