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Tuesday, March 24, 2009

Managing Your Logistics With Food Products

By Chris Channing

Businesses that deal with food, or are planning to deal with food in the United States, will almost always require a third party logistics company to simplify their business model. Interacting with trade and the FDA alone is enough to frustrate and confuse a business- which would otherwise lead to their downfall.

There is a certain amount of certification required to do any type of business in the United States. Those who work with food and dietary supplements will have to do a bit more paperwork in registering with the FDA. It can be a drawn out process, but a required one nonetheless. Often times a third party logistics company is able to handle such things, if you aren't well versed in law and regulations.

The FDA has been known to delay shipments of a business that has a different address than the one on file. There are many legit reasons why a business would have a change of address, but the FDA likes to double check just to be sure- which can lead to delays in shipment. As such, you should check up business addresses with the one on file with the FDA to avoid delays.

To avoid confusion, you should ensure that every shipment you export from your facility has the FDA product code clearly stamped on it. This code is required by the FDA to help identify what a shipment is, where it originated from, and what industry type it belongs to. This can help cut down on the verification process the FDA has.

One must also follow the Bio-terrorism Act, more specifically Title III. This act specifies that anyone importing foods into the US must adhere to certain rules. For instance, advance notification must be given to the FDA before a shipment arrives. Logistics companies should also keep substantial records on the food and where it is going to appease the title.

Even with this much discussed, there is a boat-load of information to consider when dealing with food and transportation. As you can see, outsourcing this headache to a third party logistics company is a great idea. Logistics companies will not only handle your burden, but also be responsible should anything go wrong. Third party logistics services will also be able to give you the documentation you need of the process to adhere to current laws.

Closing Comments

The United States is continually pushing out legislation to keep its residents safe from bad food products. This is great for consumers, and necessary, but can make businesses bend over backwards so that they can appease such requests. If you would like to work in the food industry, do be sure of the fact that there will be plenty of laws and regulations to abide by. - 23196

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Real Estate - Investment Power

By C. R. Bolden

I would like to show you how powerful investing in Real Estate can be. This is the main reason why we have lots of Real Estate Investors all over the world. Suppose someone gave you $10,000 to invest. What would you do with it?

Put the money in the bank? If you earned 5% interest, your investment would be worth about close to $12,800.00 after five years. Not bad, but with the current rate of inflation of 3% per year, your investment may not make you much in the long run after you pay Federal income taxes.

In other words, you are barely keeping up with inflation. What about investing your $10,000 in the stock market? A good mutual fund can earn 10% to 15% a year. Also not bad, but not all mutual funds will earn that amount. Some go up and down just like stocks do.

Maybe you can get a much higher rate of return by buying stocks, but which stock do you choose? Even stock analysts can't agree on which stock will increase in value, and guessing proves nearly as accurate as relying on the advice of stock experts.

Stocks values can go up tremendously, but many more go down or increase slowly. Although you can make money in the stock market, even the best knowledge can't guarantee a profit. Do you really want to throw your future on something as unpredictable as the stock market? What about starting a traditional brick and mortal type business? Your $10,000 may not even get you in the front door. Maybe a restaurant? Only about 10% of new restaurant nationwide ever make it.

Think about this, if you invest $10,000 in the stock market, a bank account, or a business, what do you have? A $10,000 investment. But look at what happens if you invest $10,000 in real estate. Even with a loan and a down payment of $10,000, you can purchase a $100,000 property. So your $10,000 investment is actually worth $100,000.

Where else can you buy a $100,000 investment for a fraction of its actual value? And unlike any other investment, you can buy all types of real estate without using any of your own money. Imagine the type of return that you can get. - 23196

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Got the Foreclosure notice??? Now what?

By Doc Schmyz

Foreclosures are a nasty "monsters", apart from the worry and stress of possibly losing all you own, is the fact that you lose all control over the sale process.

The painful honest truth is that the finance company is only looking after it's own interests. There is no emotions involved here and they will take offers that do not even fully cover the debt, let alone recover some of your equity.(If you have any that is.)

Do not let it happen if you can help it. Take on another job, get your wife to take in laundry. Rake up the cash the best you can. Everyone has ways we can cut back or living expenses and increase our income a little.

Think outside the box, maybe attempt to sell the property yourself. If the property market is difficult, advertise to exchange/swap your house for something cheaper. Look at how the property could earn you money. Maybe it has an apartment attached that could be rented out. Maybe it has a room at the back of the garage to rent out. Perhaps it might have an extra garage to rent out. If it is a big house maybe you could take in lodgers or students and charge them for room and board. All these little things will help to pay off your mortgage. Your still in charge of how the situation will end up.

Can you restructure the loan?? Can you restructure the loan so that your repayments are lower than you are currently paying. You could pay over 40 years instead of 25 years. Maybe you could have half the loan over 40 years and half on interest only repayments with the ability to reduce the principal with lump sum repayments when you have the extra funds available. Or maybe look at simply getting another loan and paying off the original mortgage.

If a foreclosure is getting closer and you have been unsuccessful in averting it. You can accept the inevitable or you can fight the " monster" and take drastic action. However, if it means saving the equity in your house it may be worth it. - 23196

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