Ask Jason Business

Question: How Many Different Kinds of Bankruptcy Are There?

2009-11-07T23:12:00.000+01:00

When it comes to the subject of Bankruptcy laws in the Unite States, there are six types of bankruptcy under the Bankruptcy Code, located at Title 11 of the United States Code:

* Chapter 7: basic liquidation for individuals and businesses; also known as straight bankruptcy; it is the simplest and quickest form of bankruptcy available
* Chapter 9: municipal bankruptcy; a federal mechanism for the resolution of municipal debts
* Chapter 11: rehabilitation or reorganization, used primarily by business debtors, but sometimes by individuals with substantial debts and assets; known as corporate bankruptcy, it is a form of corporate financial reorganization which typically allows companies to continue to function while they follow debt repayment plans
* Chapter 12: rehabilitation for family farmers and fishermen;
* Chapter 13: rehabilitation with a payment plan for individuals with a regular source of income; enables individuals with regular income to develop a plan to repay all or part of their debts; also known as Wage Earner Bankruptcy
* Chapter 15: ancillary and other international cases; provides a mechanism for dealing with bankruptcy debtors and helps foreign debtors to clear debts.

Question: Why Shop on the Web?

2009-11-07T23:09:00.001+01:00

What shop on the Internet? Well for me its all about getting the Best Buy for my money. Once I see an item for sale in the weekly sale circulars in the mail, I go straight to the web to see if a) the product is any good, and b) is the sale price from the local store actually better than it would be from the web. More times than not, I actually find the item for less money on the Internet from a great retailer and I end up buying it if it has great reviews.

Question: What Happens in Business Liquidation?

2009-11-07T23:08:00.000+01:00

Liquidation, in the legal / business sense of the word, refers to the process where a company is dissolved and the assets and net property of the company is redistributed. The assets of the company can be sold off to different companies, including competitors, where assets are both physical assets (plants, inventory) or non-real assets like brand names or trademarks.

Question: Why Does Everyone Love Coffee?

2009-11-07T23:06:00.002+01:00

What does everyone in your office place love coffee? Well it could have to do with the caffeine in the coffee but I'd say it probably has a lot more to do with the fact that its a) a diversion during the work day, b) its a social habit, and c) it tastes good! It doesn't hurt that elevated levels of caffeine can act as a fat burner -- but its surely not enough to balance out those extra chocolate bars you get from the snack machine. Here's my tip -- use a coffee mug instead of disposable cups and help reduce waste.

Question: Ever Heard of the Global Dow?

2009-11-07T23:05:00.000+01:00

The Global Dow (GDOW) is an index of 150 stock giving corporations from the 4 corners of the globe. The 150-stock index from around the world was created by Dow Jones & Company. The components of The Global Dow are equally weighted and represent 25 countries in total.

Question: Should I Try SEO?

2009-10-02T03:40:00.002+01:00

If you have a presence on the Internet, (and you probably should), then you need to spend a little time on the subject of search engine optimization (SEO). This can be very simple as doing some regular directory submission of your website and using regular keywords in the your online content. A little SEO can go a long way when it comes to business marketing online.

Question: What is the Forex Market?

2009-09-30T02:40:00.002+01:00

The foreign exchange market is where institutions and companies trades currencies. The purpose of the foreign exchange market is to provide a marketplace for the buying and selling of currencies for the purpose of supporting international trade and also investment (speculation). Whereas 20 years ago participating in the FOREX market was not something the individual could do, these days there are marketplaces where people like you and me can trade in Forex (although is does require risk taking).

Question: Which Companies Make Wii Accessories?

2009-09-30T02:36:00.003+01:00

For the first few years of the Nintendo Wii, the only company which made motion controlling accessories for it was the OEM, Nintendo. Sure you could buy Wii accessories like snap-ons to the Wii-mote, but you could actually buy a non-Nineteenth Wii-remote. Well now that has changed and you can buy Wii compatible controllers from Nyko. You can get a generic Wii-mote and also a generic Wii-nun-chuck. Think about it -- save money and have more fun!

Question: What is an Exchange Rate?

2009-09-30T02:32:00.002+01:00

In the world of commerce and finance, the term exchange rate is the relative value of two different currencies. The FX, also know as the foreign-exchange rate or forex rate, between two currencies is a ratio where one currencies is relating in terms of buying power in the second currency. The "spot exchange rate" refers to the current exchange rate, while the "forward exchange rate" refers to an exchange rate that is quoted today but relates to a date in the future.

Question: What is an SOS Service?

2009-09-30T02:28:00.002+01:00

In the world of business and government operations, an SOS service is a company which is there to "rescue" its clients from dangerous situations. Think about this -- if your employee is doing business in the Middle East and there is suddenly a terrorist attack, then you need help for emergency evacuation. This is where the SOS service comes in. They can have helicopters, private planes, and security personnel available to extract your person from the dangerous situation.

Question: What is the IMF?

2009-09-30T02:24:00.002+01:00

The IMF stands for the International Monetary Fund. The IMF is an international body which manages the intertwined global financial systems and sets policies to regulate financial results. A major objective is the stabilize world economies. This ranges from regulating and stabilizing exchange rates but also to help out countries which are in financial distress. The headquarters of the IMF are located in Washington, D.C. Although the IMF has had a lot of criticism, it does allow any country to request membership and is open for all for support.

Question: Should I Hire a Landscaper?

2009-09-30T02:22:00.004+01:00

Well it all depends on how much of a green thumb do you have. If you consider yourself to be rather handy in the garden, then don't worry about it. But if you're like me and can't tell the difference between garden tools and pond pumps, then maybe a landscaper could help you get your lawn figured out. The winter is coming and that means its time to winterize your lawn. Get professional help or handle it on your own -- just remember that your garden is a full time job.

Question: What is The Bretton Woods System?

2009-09-30T02:17:00.002+01:00

The Bretton Woods system is a framework of monetary management which governs how global financial networks work and they rules which they follow. The Bretton Woods system established rules which have been credited as boosting the world's major industrial states in the mid 20th century. The main aspects of the Bretton Woods system is an obligation for each country to adopt a monetary policy that maintained the exchange rate of its currency within a fixed value—plus or minus one percent—in terms of gold and the ability of the IMF to bridge temporary imbalances of payments.

Question: What is a Flash Mob?

2009-09-30T02:12:00.002+01:00

A flash mob is a large group of people who come together in a short period of time and perform something together. The main element is the element of the surprise. The purpose can be for anything from dancing in silent in a public square or all going rug shopping or buying the best wrinkle cream at the local store. The origins of flash mobs are thought to come from performance art in the 1980s.

Question: Is the G-8 Dead?

2009-09-30T02:09:00.002+01:00

With the recent rise in importance of the G-20, the so-called G-8 seems to have less importance. But are they dead? No, the Group of Eight is a forum for governments of the seven richest countries in the world plus the EU. Although they have been given the back burner over the newer G-20, the G-8 remains an important part of the global framework of financial superpowers. The G-8 countries are as follows: Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, the European Union and Russia.

Question: What is the FDA?

2009-09-30T02:05:00.002+01:00

The FDA is the acronym for the U.S. Food and Drug Administration. The Food and Drug Administration is a major agency of the U.S. Department of Health and Human Services. They are responsible for regulating and supervising the safety of foods, tobacco products, dietary supplements, drugs, vaccines, biological medical products, blood products, medical devices, radiation-emitting devices, veterinary products, and cosmetics. Contrary to popular belief, they are responsible for over the counter supplements like fat burners as long as those products advertise to treat or cure an ailment.

Question: What is the G-20?

2009-09-30T02:02:00.002+01:00

The G-20 also know as the Group of Twenty Finance Ministers and Central Bank Governors is the group of finance ministers and central bank governors from 20 economies. The following is a list of G-20 members, not including the EU:
* Argentina: President Cristina Fernández de Kirchner
* Australia: Prime Minister Kevin Rudd
* Brazil: President Luiz Inácio Lula da Silva
* Canada: Prime Minister Stephen Harper
* China: President Hu Jintao
* France: President Nicolas Sarkozy
* Germany: Chancellor Angela Merkel
* India: Prime Minister Manmohan Singh
* Indonesia: President Susilo Bambang Yudhoyono
* Italy: Prime Minister Silvio Berlusconi
* Japan: Prime Minister Yukio Hatoyama
* Mexico: President Felipe Calderón
* Russia: President Dmitry Medvedev
* Saudi Arabia: King Abdullah
* South Africa: President Jacob Zuma
* South Korea: President Lee Myung-bak
* Turkey: Prime Minister Recep Tayyip Erdoğan
* United Kingdom: Prime Minister Gordon Brown
* United States: President Barack Obama

Question: What Are Up and Coming Businesses?

2009-09-18T15:25:00.001+01:00

I still see strength in the weight loss supplements and detox programs segment of the market. As the population of the united States ages, it will become more and more focused on health and the topic of best weight loss supplements and best detox programs will become more discussed. Detox is a good business because it appeals to persons worries about what they eat and what the environment is doing to their bodies. I see a big upside int his business in the next decade as baby boomers want to get the most out of their golden years.

Question: What is General Equilibrium Theory?

2009-09-18T15:21:00.002+01:00

General equilibrium theory is a branch of theoretical economics that focused on how to explain supply and demand as they relate to prices on a macro scale. Its goal is to prove that buyers and sellers will reach an equilibrium and at that equilibrium there is a market price which is set. This is a very old theory of economics which dates back to the 1870s. As with most theories, it has its detractors. In this case it is the Keynesian and Post-Keynesian economists who generally oppose General Equilibrium Theory as an unreal model of the world.

Question: How Can I Maximize My Web Sales?

2009-09-18T15:18:00.002+01:00

If you are online selling a product, its not about how big your store is or how friendly your sales staff is that gets you the money. No, its all about how much traffic you can drive to your site and how many of those visitors will buy something from you. Maximizing this result is what search engine optimization (SEO) is all about. There are many ways to improve your SEO. You can find tricks and tips on the Internet; you can read books on the subject and you can even buy seo software to improve your results. Lastly you can even hire a professional company to handle your SEO for you.

Question: What is Arbitrage?

2009-09-18T15:14:00.002+01:00

In world of global economics and finance, the term arbitrage relates to the practice of taking advantage of a price differential between two or more markets. For instance if you can buy a pound of gold for $1,000,000 in China but sell a pound of gold for $1,050,000 in Brazil, then you can potentially make up to $50,000 by using arbitrage across the two markets. Basically it is striking a combination of matching deals that capitalize on the difference in pricing and you get to keep the difference between the market prices. This can also happen in the world of stocks when you can buy at one price and immediately sell at another price.

Question: Is Off-Shoring Ending?

2009-08-15T00:41:00.002+01:00

You all remember this buzz word of the early 2000's -- Off-Shoring. It is the practice of using services in foreign countries to substitute for local resources. The most famous example is of the call center. Countries like India and Singapore would offer call center services for a much lower price than businesses would find in the U.S. But now I see a trend for reversal of that. With the U.S. economy in the dumps, many of the same companies are bringing their off shore operations back to the homeland because of the high jobless rate and tax benefits.

Question: What Different Kinds of Bankruptcy is there in the U.S.?

2009-08-15T00:40:00.001+01:00

When it comes to the subject of Bankruptcy laws in the Unite States, there are six types of bankruptcy under the Bankruptcy Code, located at Title 11 of the United States Code:

Chapter 7: basic liquidation for individuals and businesses; also known as straight bankruptcy; it is the simplest and quickest form of bankruptcy available
Chapter 9: municipal bankruptcy; a federal mechanism for the resolution of municipal debts
Chapter 11: rehabilitation or reorganization, used primarily by business debtors, but sometimes by individuals with substantial debts and assets; known as corporate bankruptcy, it is a form of corporate financial reorganization which typically allows companies to continue to function while they follow debt repayment plans
Chapter 12: rehabilitation for family farmers and fishermen;
Chapter 13: rehabilitation with a payment plan for individuals with a regular source of income; enables individuals with regular income to develop a plan to repay all or part of their debts; also known as Wage Earner Bankruptcy
Chapter 15: ancillary and other international cases; provides a mechanism for dealing with bankruptcy debtors and helps foreign debtors to clear debts.

Question: What is the FDA?

2009-08-15T00:36:00.003+01:00

The FDA is an agency within the United States Department of Health and Human Services which is wholly responsible for protecting and promoting the nation's public health through regulation and action. The FDA is headquartered in Rockville, MD and it has over 220 field offices in the country. The Dietary Supplement Health and Education Act of 1994 created the mandate that the FDA regulate dietary supplements as foods, rather than as drugs. This includes weight loss supplements and herbal supplements which are marketed that way.

Question: What is Liquidation?

2009-08-15T00:29:00.002+01:00