CFO

CFO - Why Do We Forecast

admin — Mon Sep 06, 2010 4:49 pm

Author: admin

Posted: Mon Sep 06, 2010 4:49 pm

Below is a link from Michael Barbarita a Part Time CFO who performs CFO Services on why the business owner needs a business and cash flow forecast. This is a 4.5 minute presentation

http://keaney.freeyellow.com/Webcasts/whyforecast/index.htm

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The Supreme Court prevents forum shopping in international

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

In the recent Supreme Court case of <em>Abbott v. Abbott</em>, 130 S.Ct. 1983 (2010), the Court ordered a child returned to Chile. In this case, the mother had custody under proceedings in Chile and removed the child to the United States in violation of Chilean law. While the case is steeped in the language international child custody disputes (Hague Convention, right of ne exeat, etc.) the decision prevents forum shopping in international custody disputes. Forum shopping is the idea that a litigant can control the orders of a court by moving from one country (forum) to another. For over thirty years, the United States has had laws that prevent moving from state to state for forum shopping (Parental Kidnaping Prevention Act and Uniform Child Custody Jurisdiction Act). This decision reinforces the concept that the United States will return children to foreign countries if they are removed in violation of the law of the foreign country.

In the <em>Abbott </em>case, the mother argued that since she had custody, she could remove the child without permission of the father of the child or a court. Even though the father did not have custody, under Chilean law, he had the right to prevent the child from being removed from Chile. This right to prevent removal, called ne exeat, was sufficient to cause the Supreme Court to return the child to Chile.

This decision should prevent future attempts to remove children and bring them to the United States. The predictability of a return of the child should prevent removal from occurring.<div></div>

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Source: Boston, MA Divorce and Law Blog

Unmarried parents can collect child support

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

I received an email from a woman who was told that she couldn’t get child support because she never married the father of the child. I don't know why she was told this. However, it is wrong advice. An unmarried parent can get child support if they can establish the identity of the other parent. Before DNA testing, this was difficult and embarrasing as it required public testimony about sexual activity. Today, most cases are resolved by DNA testing. A lawyer can assist a person to establish and obtain child support. Another resource is the Department of Revenue. Parents can fill out a form and request that DOR establish paternity and collect child support. DOR is free but will take much more time than an atttorney. If you can't afford attorney fees, then you should contact DOR.<div></div>

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Source: Boston, MA Divorce and Law Blog

Is mediation to settle a divorce right for you?

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

Mediation as a way to settle divorce cases is growing in popularity. If it works, it will save the parties money and will be quicker than a divorce trial. However, mediation is not for every couple. Mediation is a process that encourages compromises. If both parties are not willing to compromise to settle the issues, then mediation is not appropriate. Both parties must be willing to share financial information and look for a fair and reasonable settlement. Custody disputes are not well suited to mediation. Mediation looks to compromise by both parties meeting halfway. If both parties want primary custody, meeting halfway results in a custody situation where the child spends equal time with each parent. This may not be in the child’s best interest.<div></div>

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Source: Boston, MA Divorce and Law Blog

When does a child get to choose which parent they will live

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

A common misconception is that children can decide custody at age 14. This leads parents to try to influence or bribe the child to gain an advantage in a divorce. Legally, a child can decide which parent will get custody at age 18 when the child is an adult. Before that, as a general rule, children don't decide custody. If the child is 14 years old or older, the Judge must have the child interviewed to determine the child's wishes. However, this is not the determining factor. A judge should decide custody based on the best interests of the child and not the child's wishes. Attempting to influence the child can backfire as a judge may decide that such attempts are harmful to the child.<div></div>

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Source: Boston, MA Divorce and Law Blog

What is a successful divorce

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

A successful divorce means different things to different people.  To some people, it means that they beat the system and hid assets so they received more assets in the property division.  To others, it means that they made their spouse suffer during the divorce process.  For some people, it means that they spent as little money as possible on the divorce process.  I think that a successful divorce should be measured by the success of lives after the divorce is over.  Children should grow up to lead "normal" lives with healthy relationships with both parents.  Parents should be able to lead individual lives without facing financial ruin.  In an ideal world, divorced parents should be able to communicate with each other for the benefit of children.  Success should be measured by long term results and not by the immediate results of a divorce.<div></div>

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Source: Boston, MA Divorce and Law Blog

Parents should exchange financial information on a regular

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

In Massachusetts, a modification action to increase child support can be filed upon a material change of circumstances or every three years.  A person receiving child support needs to know about the other parent's income or they are likely to file a modification just to find out what they currently earn.  While this can be good for lawyers, it is expensive for the parties and harms the working relationship between the parents.  A better alternative is for the parties to exchange financial information on a regular basis and calculate the child support guidelines.  This gives the parties the option of making an agreement on the new amount of child support and avoiding fighting in court.  If they resolve the issue between them, they can file the agreement with the court and make it a court judgment.   They should exchange information  at least every three years.<div></div>

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Source: Boston, MA Divorce and Law Blog

Massachusetts now allows postnuptial agreements.

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

In the recent case of <em>Ansin v. Craven-Ansin</em>, Massachusetts established that spouses can contract with each other in limited circumstances.  Known as marital agreements, postnuptial agreements, or postnups, these agreements can be used in an effort to save a marriage or for estate planning.  Such agreements will be valid and enforceable provided they meet the highest standards of fairness and good faith.  This means that there must be full disclosure of finances and assets and the agreement must be free of fraud, and coercion.  Each party must have the opportunity to consult an attorney before execution.  In addition, the agreement will be compared to property division under the divorce laws to determine fairness.   <div></div>

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Source: Boston, MA Divorce and Law Blog

Bring proposed solutions to court

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

Courts deal with problems.  Every case is brought because the parties have a problem that can't be solved without the assistance of a Judge.  The parties should think about ways to solve the problems and propose these solutions to the Court.  While most criminal cases involve punishment, most civil cases look to ways to solve problems and not punish.  If you are suing for money, know how much money you want.  If you are suing for custody or visitation, be prepared to explain where a child will sleep, eat, and go  to school.  Be prepared with a visitation plan for the other parent.  Judges are more likely to give you what you want if you are able to tell the judge what you desire.<div></div>

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Source: Boston, MA Divorce and Law Blog

Welcome to my Family Law and Divorce Law Blog

admin — Sat Sep 04, 2010 10:12 pm

Author: admin

Posted: Sat Sep 04, 2010 10:12 pm

Thank you for visiting my Divorce and Family Law Blog.  Please check back daily for new information on topics of interest.<div></div>

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Source: Boston, MA Divorce and Law Blog

Does Your Culture Support Innovation?

admin — Sat Sep 04, 2010 9:48 pm

Author: admin

Posted: Sat Sep 04, 2010 9:48 pm

There's a lot of people talking about innovation these days, myself included.

The good news is that business leaders seem to be sitting up and taking notice of this important subject...

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starting a business

Money for starting a business

easy steps to starting a business

first step in starting a business

advice on starting a business

Source: [url=/articles]New articles in Business plans | Biznik[/url]
The last 12 articles posted to Biznik.

Common mistakes small business owners make

admin — Sat Sep 04, 2010 9:48 pm

Author: admin

Posted: Sat Sep 04, 2010 9:48 pm

Small business owners often dedicated the majority of their time in ensuring that their business succeeds. They nurture their business carefully with each step but unfortunately very few start up businesses make it beyond their 3rd year.

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starting a business

Money for starting a business

easy steps to starting a business

first step in starting a business

advice on starting a business

Source: [url=/articles]New articles in Business plans | Biznik[/url]
The last 12 articles posted to Biznik.

How to Install the Facebook Like Button On Every Page of Yo

admin — Sat Sep 04, 2010 9:48 pm

Author: admin

Posted: Sat Sep 04, 2010 9:48 pm

Facebook is the most rapidly growing social networking platform, with over 400 million active users. With so many users and with people's preoccupation with Facebook...

Read more...

starting a business

Money for starting a business

easy steps to starting a business

first step in starting a business

advice on starting a business

Source: [url=/articles]New articles in Business plans | Biznik[/url]
The last 12 articles posted to Biznik.

Posted by Brad Srebnik, in response to Excellent product, N

admin — Sat Sep 04, 2010 9:47 pm

Author: admin

Posted: Sat Sep 04, 2010 9:47 pm

Perhaps send out mailer coupons to your area to get people in the door for the first time.

Or if you're on a busy street, get an attractice sandwich (how appropriate) board sign designed.

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starting a business

Money for starting a business

easy steps to starting a business

first step in starting a business

advice on starting a business

Source: Recent comments in Starting a business | Biznik
What's it take to start your own business? What makes a business successful? Ask questions and share your experience around anything related to starting a business.

Posted by Kelly Ross Kerr, in response to Excellent product

admin — Sat Sep 04, 2010 9:47 pm

Author: admin

Posted: Sat Sep 04, 2010 9:47 pm

Jason,

Check out Groupon.com, LivingSocial.com, Restaurant.com. Those are the big "group buying" sites out there. They work with you to set up a coupon/deal, then list that deal for sale to all of their members. I have used them all many times to find new restaurants, as well as visiting favorite haunts.

Also, are you using social media tools at all to pull in folks? Some of my clients have had great success in posting exclusive specials on their twitter and facebook feeds. Giving away deals to the next new fan/follower. Posting simple little videos of store events, or how to's on their sites and blogs. Anything to connect you with your target customer.

Pick out your "best" customer or customers and give them something special or an exclusive deal to build them into champions for the shop. If they feel "special" and connected to the business, they will help bring people in.

Finally, I would recommend that you check and make sure that you are listed in Google Local and that all of your info is correct. I know a lot of people that search around their office for new lunch spots, and that tool comes in handy!

Keep pushing forward!
Kelly