Monthly Archives: January 2018

Family Boat Buying Economics

When you buy a family boat, you are a hero of world economics.

You probably think you are doing something to make your family’s life more enjoyable, but you also are setting off an economic event that impacts the life of a lot of

From the dealer that sells you the boat to the finance company that lends you the money to the folks at EdgeWater Power Boats that make the boat, you have contributed to the livelihood of people the world over.

The Federal Reserve has been keeping rates low to encourage businesses to borrow and expand, and consumers to borrow and buy. With those low rates, buying a family boat is more affordable right now than it was a few years ago. A loan at 4 percent interest means you would pay half what you would for a loan at 8 percent interest. In other words, if you borrowed $15,000 to buy your boat, at 8 percent interest over five years, you’d pay $304.15 a month. At 4 percent interest over five years, you’d pay $276.25 a month. That means over the life of the loan, you’ll be paying $1,474 less.

If you looked at buying a boat four or five years ago and couldn’t afford it, you might want to revisit the idea while interest rates are so low.

So how do you create those jobs?

At the dealership, a salesman probably works with you to help decide which boat you want. He may consult with his manager as they create a sales proposal for you. Once you agree to it, then the salesman will hand you off to a finance manager while a service worker prepares your boat for you to take with you. Yes, that’s four jobs you are helping to support already. At a small dealership, the manager, salesman and finance manager may all be the same person, but hopefully he will have a service worker to help, so it’s two jobs.

At the finance company, you have one person who processes your loan and another person who services the loan (makes sure you’re making payments), and a manager for both. That’s three more jobs.

At the boat manufacturing plant, you’re really an economic engine. Anywhere from 10 to 15 people could be involved in assembling your boat. That spreads out to the workers assembling or building your trailer, engine and all the parts that go into the boat, so you’ve multiplied it up to another 30 to 45.

Add all those workers up and on the conservative side you are helping maintain 45 jobs. On the long side it could be as many as 67 jobs.

So by taking on the risk of buying that family boat, and putting your own work into paying for it, you could be helping more than 60 other people. So, you are an economic hero to them.

Florida-based EdgeWater Power Boats makes top quality family boats for cruising, fishing and skiing.

Money Matters – Leading Financial Services Company

Money Matters Financial Services Ltd. – One of the fastest growing Financial Company in India, was established in 1997, by Mr. Rajesh Sharma. Money Matters Financial Services Ltd. is a Non Banking Financial Services Company (NBFC) and is categorized as a non-deposit taking systemically important i.e. (ND-SI) NBFC as declared by Reserve Bank of India.

Money Matters Financial Services Limited was started in Mumbai with the help of his determination and gifted core values of excellence, integrity, passion, knowledge and distinctiveness. Rajesh Sharmas Money Matters has grown up to a whooping net worth of Rs. 750 Crore.

Money Matters Financial Services Ltd. provides services in debt syndication, debt placement and financial restructuring. They also provide other services like investment banking and corporate finance advisory, private equity funding and equity broking for high net worth individuals and organization. Money Matters is involved with the projects like Real Estate, Power, Telecom, Hospitality, Retail and Financial Services. With the corporate giant like TATA Group, Birla Group, Reliance ADAG, Adani Group, Jindal group, Future Group, Bharat Forge and DLF.
Money Matters Financial Services Ltd. believes in building the long term relation with clients by providing services at their doorsteps.

Money Matters Financial Services Ltd. successfully completed QIP placements in 2010 and raised Rs. 445 Crore to meet the funding requirement and capital expenditure for proposed asset financing business to the house products such as bridge Financing, Corporate Loan/ Project Financing structured Product Funding, Pre- IPO Financing etc. to the corporate industries. The house has corporate lending fund of total Rs. 330 crore till Feb, 2012 which is a huge jump in terms of growth. By looking at the above stats and milestones achieved we can say that Money Matters have surpassed all the bars and grown. Credit for this goes to none other than Rajesh Sharma and his fellow associates who dreamt of building Money Matters as one of the most renowned financial firm in India.

Rajesh Sharma, Chairman and Managing Director, Money Matters Financial Services Ltd. is a Chartered Accountant who brought Money Matters to such a height today that now its competing with leading financial firms today.

Disaster Recovery Planning For Corporations

Disaster recovery planning for corporations is an essential piece of any successful large business operation. The energy and growth put into a corporation is immense, and it’s important to protect this investment and its resources. Large numbers of clients and customers depend on you, as do your employees, and a proper IT continuity plan can keep you safe as you continue to grow.

IT Considerations for Corporations

Corporations tend to be larger businesses, a size which has its pros and cons. The positive side is that they tend to have a good deal of cash and resources to get them through lean times, as well as an extensive management team with the skills to persevere in times of adversity. The downside is that because of these resources and skill sets, they can get overconfident and not properly think through their recovery plan. They also have to make those resources stretch farther to meet the greater needs of a corporation. It’s not enough to have the ability to withstand disaster. Mitigating it and getting up and running as soon as possible are what save your bottom line.

While your corporation may have a disaster recovery plan in place, one thing that is rarely discussed is having a power backup. In the event of a natural disaster, you could be without power for days, which will utterly shut your business down. No matter how well you have planned for data recovery and for reinstalling critical software, if you have no power, you have no computers. Your network is vital to running your business, so having a separate power source that can generate electricity to run your systems is a great idea. All you have to do is make sure it’s maintained and ready to go, and it will be there when you need it.

In a large business, small changes can have a larger impact on the company for the money than in a small business. A tweak of security here and there or a review of network protocol by experienced IT consultants is a minimal cost to a large business. All the same, this small investment can reap great rewards for a large corporation. A corporation’s disaster recovery planning needs are extensive and intricate, and a team of security professionals are the people best equipped to handle it.

Disaster recovery planning for corporations is a large undertaking because the risks and rewards are also so great. Their sheer size requires an extensive plan, even though they often have the resources to survive if business is shut down in the short term. All the same, getting back up and running is best for the corporation as a whole, and proper planning, security experts, and a simple backup generator can help make this happen.