Dec
04
2022

Reducing Portfolio Risk With Timber Investments

Investing in Timber is something that has become increasingly popular in recent years and this is largely because it is seen as a way to protect your portfolio in hard economic times. Retail investors as well as institutional investors have started using timber investment as a way to add a great deal of stability to their portfolios. Timber is becoming a great alternative to bonds and stocks which are seen as more volatile financial products in times where the economy is in turmoil.

One reason why the price of timber is so stable, making it such a secure investment, is because prices are negotiated for timber ahead of time. Supply contracts mean that manufacturers are able to hedge potential movements in prices in the market, making investing in timber a safer option for those looking for a low risk investment.

Cash flow in timber is rather interesting because it can often be a while before the investment matures. Once you have major investment it is likely you’re going to have to wait several years before the investment becomes profitable. The rate at which the investment matures largely depends on the sort of wood that you’re investing in as different trees grow at different speeds.

Interestingly, it can sometimes be financially sensible for the company to harvest the trees before the intended period. This is because trees are used for many different purposes, and not all of them require the trees to be fully mature. It will often depend on supply and demand in the market whether the trees are harvested early or not.

This can best be explained through an example: If timber is being grown and it is intended to be harvested for construction purposes when it is mature, this can change if the demand for wood pulp increases. If the demand has increased for wood pulp, then its price is going to increase as well, and it can be effective for companies to harvest the trees before they are mature, pulp them, and return the money to the investors.

Alternatively, if the price of pulp is very low, then trees that were intended for pulping, might be grown to maturity and sold at a later stage in order to return a higher amount to investors, although they are going to have to wait for a while.

There are several simple reasons why timber is going to be a good investment, and why it is going to become an even better investment in the future. One is the simple fact that the demand for timber is consistently increasing. Despite increased levels of recycling, the amount of wood pulp required continues to grow every year.

Investing in an industry which has constantly increasing demand is a sensible financial decision. Timber is also a good investment because it consistently beats the stock-market for returns and as we have already mentioned, is a safer investment.

Nov
03
2022

Business Owner: No! Not The Feedback!

“No, Not the Feedback!”

These were the exact words from a new business owner as a customer walked in the door looking straight into his eyes.

The suggestion was to move some boxes for everyone’s safety.

The word feedback may be a threatening word for some business owners, but it doesn’t have to be, especially if you keep an open mind and couple that with a bit of business savvy.

If you’re a business owner that struggles with accepting feedback, the following suggestion may help.

Dealing with Comments:

  • Comments are just that, Comments. As a business owner it’s important to understand that comments can be used to benefit your business. They can help you see another person’s perspective. For example, you may not have noticed the boxes blocking the aisle as you just went around them while responding to a text message on the way in to check on your store. But you’d surely notice if a customer tripped over the boxes and yelled at you or your representatives. Why wait for such an event to unfold?

Dealing with Opinions:

  • Opinions are other people’s ideas or views about an issue based on that individual’s personal judgment. Someone may come to you with their personal opinion about your business, yes it happens. As business owners we prefer to be told how well our business is doing, but every now and then someone comes up with, “What were you thinking?” That’s an opinion, don’t just let it sit at that, ask for clarification so you may resolve what the issue really is. Here’s where having an open mind will benefit you. Try to put yourself in the other person’s shoes and understand their issue.

As a savvy business owner, try to remember that ‘feedback’ is simply another’s person’s view; it’s neither right nor wrong. It’s merely their view and you’d be wise to consider their words. You never know, you just may be inspired to make a few changes to grow your business.

In summary, as business owners, we are not exempt from ‘feedback’ and on the bright side, it’s good for us. It keeps us on our toes so our business doesn’t stagnate. So keep your business running smoothly, take that feedback and see how you can use it to strengthen your business.

Oct
02
2022

What Else You Should Know About Motorcycle Insurance Rates

Pennsylvania is a state situated in the Northeastern and Middle Atlantic section of the United States. It has a scenic beauty which is quite famous for it lush green look. In this idyllic beauty, people are bound to have motorcycles as it could be best enjoyed by riding a bike. Pennsylvania motorcycle insurance rates are something that we will be discussing in this article.

Pennsylvania motorcycle insurance rates are soaring very high. So it is always good to check things by yourself. It is not that you need to have an in depth knowledge in insurance. To get insurance for yourself, all you need is to understand it properly.

To understand Pennsylvania motorcycle insurance rates properly you need to first shop around for some time. You need to check all the insurance companies and their services and facilities. Check on all their premium rates also. Choose any one of the companies that best suit your budget and needs.

In order to get in touch with the insurance companies, you can log in to their websites, go to their offices physically, call or even ask an insurance agent to come over to your house. So it is not that difficult to contact an insurance agency as well.

So it is always good to compare the motorcycle insurance rates in Pennsylvania. In fact anywhere you go, you should always weigh the pros and cons before any kind of investment.

One of the most notorious things involved in any kind of insurance, let alone motorcycle insurance in Pennsylvania or any other state, is claims processing. People can be misguided and fooled if they sign up with the wrong insurance provider.

This problem could also be curbed by researching well on the company of your choice. You can also search online properly. In fact you can look for testimonials by satisfied on their sites. You also need to check for authentication of that website, like look for a BBB or D&B accreditation for Pennsylvania motorcycle insurance rates.

Once you become adept, you may also guide others regarding Pennsylvania motorcycle insurance rates. This way your knowledge can be of some help for your near and dear ones.

The state of Pennsylvania is situated in the Northeastern and Middle Atlantic section of the United States. It has a scenic beauty and is famous for its greenery. In this idyllic beauty, people are bound to have motorcycles as it could be best enjoyed by riding a bike. Pennsylvania motorcycle insurance rates are something that we will be discussing in this article.

Pennsylvania motorcycle insurance rates are soaring very high. So it is always good to check things by yourself. It is not that you need to have an in depth knowledge in insurance. To get insurance for yourself, all you need is to understand it properly.

To understand Pennsylvania motorcycle insurance rates properly you need to first shop around for some time. You need to check all the insurance companies and their services and facilities. Check on all their premium rates also. Choose any one of the companies that best suit your budget and needs.

In order to get in touch with the insurance companies, you can log in to their websites, go to their offices physically, call or even ask an insurance agent to come over to your house. So it is not that difficult to contact an insurance agency as well.

So it is always good to compare the motorcycle insurance rates in Pennsylvania. In fact anywhere you go, you should always weigh the pros and cons before any kind of investment.

One of the most notorious things involved in any kind of insurance, let alone motorcycle insurance in Pennsylvania or any other state, is claims processing. People can be misguided and fooled if they sign up with the wrong insurance provider.

This problem could also be curbed by researching well on the company of your choice. You can also search online properly. In fact you can look for testimonials by satisfied on their sites. You also need to check for authentication of that website, like look for a BBB or D&B accreditation for Pennsylvania motorcycle insurance rates.

Once you become adept, you may also guide others regarding Pennsylvania motorcycle insurance rates. This way your knowledge can be of some help for your near and dear ones.

Sep
01
2022

Outsource Tax Preparation – The Best Thing You Can Do to Meet Tax Deadlines

Outsourcing is now one of the most common practices being done by small to medium businesses when it comes to such business needs like tax preparation. This is because it spares them from the cost of having to recruit and train the necessary manpower to deal with this process. While tax preparation may just be pertaining to the preparation and the filing of tax returns for corporations or individuals with the federal or state government, this is not a task that could be done by just anyone. This calls for firms or people who have great knowledge when it comes to laws and codes of taxation.

As such, there is a need for businesses to have people handle their tax preparation, especially if they do not want to pay more than their rightful share of taxes. This is where outsource tax preparation comes in for a number of companies now. Because the tasks coming with tax preparation deal with great attention to even just the smallest particulars and extensive research, then these could be handled better by companies or persons with the necessary know-how on handling the processes of this business need. So, it can be said that businesses would fare better and pay lesser if they hire the services of accounting firms or CPAs, who handle outsource tax preparation.

Benefits Businesses Could Get from Outsource Tax Preparation

Going for outsource tax preparation has been proven to be a profitable venture for businesses. This is because through this move, business owners would be able to dispense with the costly need of recruiting and training people to do in-house tax preparations. So, instead of getting overhead expenses for recruitment and training, business owners who go for outsource tax preparation can invest their money on more important areas of the business like marketing ventures and improving their products or services. This could result in increased profitability for their businesses. Another great thing about hiring the services of a firm or a person who does outsource tax preparation is that it allows a business owner to save on the effort and the time of the staff he already has. Thus, he would be able to let his staff focus on the more important matters in his business. With an outsource tax preparation, a business owner would be able to let his staff work on meeting the demands of the customers, instead of handling tax returns. As firms handling outsource tax processing specialize in providing this service, they are known to provide efficient as well as timely service. So, with this, a business owner would always be guaranteed to beat the tax deadlines set by the government.

Getting the Best Firm to Handle Your Outsource Tax Preparation

However, hiring the service of a firm to do your outsource tax preparation may not be all that easy because there are just a limited number of these outsourcing firms available online or offline. So, there is still a need for you to do some scouting and research first before you can decide on which firm could best meet your needs and standards. You would have to check on the reliability, competence and reputation of these firms as well as see to their endorsements and referrals. When it comes to firms available online, it is always best to make sure that they have the tough security features needed for the protection of your identity and data as a business.