Featured Post

The Day I Left Vietnam Essays - DraftCarson Hill, DraftZoro 4 Eva

The Day I Left Vietnam annon KienCuong Nguyen I despite everything recall that day; it was July 4, 1994. My family including my fol...

Wednesday, August 26, 2020

The Day I Left Vietnam Essays - DraftCarson Hill, DraftZoro 4 Eva

The Day I Left Vietnam annon KienCuong Nguyen I despite everything recall that day; it was July 4, 1994. My family including my folks, my three more youthful sisters, and I were going to leave Vietnam to go to the United States. We had consent from the US government to approach the United States on the grounds that my dad used to work for the United States Army during the Vietnam war. I woke up around eight AM. After breakfast, I spruced up and strolled around to bid farewell to my neighborhood. A portion of my neighbors wished me a decent life and superior training, some disclosed to me stay in contact with them. At that point I returned to my home. It was brimming with family members and companions. They stayed with us once and for all and some of them would go with us to the air terminal. My better half was inside; she was hanging tight for me. I met her one year back and we became hopelessly enamored following a half year. At the point when she knew I would leave, she cried a ton. I took her to the gallery where we had our protection. We plunked down and afterward she quietly cried on my shoulders. I realized she cherished me without question and would not like to release me. She took a gander at me with tears and asked, Will you return? I don't recollect how frequently she posed me this inquiry. What's more, I generally answered with the answer, Yes, I will. I advised her, After I finish school in America, I will return. At that point we went out to eat at a eatery close to my home. At the point when we returned, everyone was prepared to leave since my Dad needed to arrive from the get-go in the event that we needed to do some desk work. The greater part of individuals took a transport with my folks and my sisters; some needed to leave since they needed to deal with their organizations. The air terminal was close my home so I chose to take a bike ride with my better half. We got to the air terminal about 2:30 p.m. There were such huge numbers of individuals, some of them were our family some were companions and family members of different families who had a similar trip with my family. I began to bid farewell to my uncle, my auntie, my cousins, and my companions. I had four dear companions who had been with me from basic to school. We took a few pictures and embraced each other the last time. The time had come to get into the plane. My Dad called me. Rush, child. I immediately gave my better half the last kiss, at that point ran into the checking room without turning around. At that point I understood my eyes were brimming with tears. I would not like to let anyone see me crying so I rapidly cleaned my face. The plane took off fifteen minutes after the fact. From the plane I looked down to see the land the last time. All the recollections went to my mind and indeed my eye was brimming with tears. At the point when I ventured down to the Atlanta air terminal, I understood that I truly left my heart.

Saturday, August 22, 2020

Auditing Misstatement on Auditors

Question: Depict about the Auditing for Misstatement on Auditors. Answer: Presentation Inspecting is an assessment of books of records, administrative records, records and vouchers for business associations to find out the valid and decency in introduction of the budget summaries (Caplan and Dutta 2016). Inspectors are required to design the methods to lead reviewing for the customer organization that includes the few variables. Review hazard is a danger that a reviewer faces while giving an inadequate review report to the customers because of the confinements or disappointment in recognizing material misquotes because of extortion or mistake (Zhang, Yang and Appelbaum 2015). Conversation (a) Factors that expansion the review chance There are sure factors in an association that expansion the review hazard to shape an unfit assessment by the evaluators. In the given case, there are sure factors in the monetary report of Forest Ltd. that expansion the review hazard in following things. (I) Accounts Payable First factor in quite a while payable of Forest Ltd. that expansion the review hazard is changes in arrangement of recording and perceiving creditor liabilities in a coordinated bundle framework that made contrast in learning the parities. Because of the adjustment in framework, the sums in record accounts revealed contrasts in money US$ and AUD$ bringing about unveiling mistaken adjusts. Contrasts in emerging the incentive in two distinctive cash brings about erroneous money owed to changes in return rates accordingly, it is hard for evaluator to assemble right data of the record balance (Mazza and Azzali 2015). Second factor in creditor liabilities that expansion the review hazard is resetting the credit adjusts toward the start of consistently in an inaccurate way. This blunder of perceiving the underlying adjusts of credit accounts required the historical backdrop of the banks to be returned physically, which is tedious just as odds of mistakes in manual chronicle increments. This factor builds the danger of evaluating on the grounds that the inspector may not locate the fundamental and material proof to check the reasonableness of the adjustments in exchanges recorded (Koblen, and Lestynszka kã… Â ¯rkov 2015). (ii) Commitments and Contingencies First factor that expansion the review hazard if there should arise an occurrence of duties and possibilities is finished and exact exposure of unexpected things and their qualities as comparable with the responsibilities made by Forest Ltd. Since in the given case, it has been found by one the companys clients that the most recent clump of the items woodchips was defiled with a substance that influences the structure of the item. Consequently, it is hard for the evaluators to look at the real thinking and equalization of the record to produce valid and reasonable view (Bhattacharjee, Maletta and Moreno 2015). Another factor that effects and builds the review hazard is recognizable proof of past due equalization on part of the Forest Ltds client, Wood Ltd. that was not paid since five months. Subsequently, it is hard for the examiner to dissect and look at the rightness of the past due exchange in the books of records and revelation made in the budget reports. (iii) Inventory If there should arise an occurrence of stock in the fiscal summaries of Forest Ltd., one of the components that expansion the review hazard is the method of perceiving the equalization of stock. Since, the organization has changed its bookkeeping framework to coordinated bundle the measure of equalization may be perceived in wrong way. In this way, the reviewer may not ready to accumulate right and exact estimation of the inventories to give feeling on evident and reasonable perspective on the companys fiscal summaries (Chiang, Lin and He 2015). The second factor of stock that expands the review chance is misquotes in perceiving the equalization sum in the fiscal reports. Because of the distinction in ascertainment of measure of stock, the parity of money related situation of Forest Ltd. probably won't be exact (Chen et al. 2015). Subsequently, the inspector needs to confront the hazard in shaping sentiment in inadequate review report because of the need acquiring legitimate proof for examining. (iv) Receivables Bookkeeping of receivables relies upon a few factors that an evaluator needs to consider while acquiring the conclusion on fiscal summaries. In the given case, the bookkeeping arrangement of receivables has been changed that influenced the offset as for the adjustments in money group. Thus, the measure of remote trade vacillations influences the benefit and loss of the organization and increment the review hazard (Petherbridge and Messier 2016). Another factor that impacts the review hazard is resetting the underlying parity of the indebted individuals at zero worth that produces an inaccurate shutting equalization of the records receivables. Along these lines, it is a significant review hazard to demonstrate the decency and straightforwardness of the fiscal summary of Forest Ltd. Organization. (b) Adjustment to be made in review arrangement because of the review chance in each of above elements. (I) Accounts Payable If there should arise an occurrence of first factor, the alteration can be made by leading inspecting test for the records payables came about because of the adjustment in arrangement of bookkeeping. Inspecting test can be directed either on irregular premise or by choosing exchanges with enormous qualities. Be that as it may, if there should arise an occurrence of second factor, the review work might be led by checking the record recorded physically for the resting introductory adjusts at zero worth. (ii) Commitments and Contingencies If there should arise an occurrence of first factor with respect to revelation of unforeseen liabilities, the procedure of review ought to include the ascertainment of legitimate confirmations from the administration and survey on expressed unexpected liabilities in the budget reports. In the subsequent factor, evaluating system ought to incorporate the assessment of past due parities particularly if there should be an occurrence of Wood Ltd, one of the shoppers of Forest Ltd. (iii) Inventory The review system if there should arise an occurrence of stock includes the assessment of methodology to find out the estimations of stock. Aside from that, the review plan likewise incorporates the assessment and check of registers and record represents right valuation of stock. If there should be an occurrence of second factor, the equalization conveyed down in the record books for bookkeeping of stock is to be checked. This technique is to be directed to look at the nearness of error in the valuation and acknowledgment of stock. (iv) Receivables Reviewing process incorporates the check of record receivables concerning the acknowledgment of sums according to the cash trade and arrangements for trade change. This procedure will help in social occasion the confirmations for finding out the valid and reasonable perspective on the bookkeeping articulations of the Forest Ltd. In the event of second factor, the reset worth ought to be confirmed with the real receipts of the companys indebted individuals to create proper confirmations for the assessment of records receivables. (c) Factors that demonstrate Forest Ltd. may experience going concern issues throughout the following a year Going concern is a standard or supposition for a business association that it will keep on working in future and is one of the reasonable necessities of bookkeeping structures (Caplan and Dutta 2016). Then again, the evaluator of the association is dependable to survey and show the associations capacity to proceed as going concern. Be that as it may, there are no exact techniques to follow for discovering sentiment on going concern yet there are a few pointers to recognize the going concern issues (Omer, Sharp and Wang 2015). If there should be an occurrence of Forest Ltd., a few elements demonstrate the organization may encounter the issues on going worry throughout the following a year. First pointer of going concern issue is the chance of break in the business activity with the end goal of substitution belt that is utilized to move the woodchips of Forest Ltd. The substitution would roughly take a half year and further four months for establishment and preliminary reason. In the event that a business activity stays hindered for significant stretch, at that point it is a genuine aim on its going concern capacity. The second factor that demonstrates the going concern issue in Forest Ltd. Organization is danger of securing expanded level of timber sourced from state timberlands because of which the creation procedure have been eased back down. Also, there was a postponement in conveyance of woodchips to the Japanese clients, which they forced remuneration and deducted 20% of the sums payable. This is a difficult issue that the organization may experience an issue in going concern. The third factor that influences the going worry of the organization is recording a charge by a dissident against the organization as he endured a wrecked leg because of hit by the item truck. This demonstration influenced the offer of companys items and it may make an issue on the going worry of the organization. Fourth factor that demonstrates the Forest Ltd. Organization may experience the going concern issue is a case gotten from one of the companys customers. The charge made by the client, Wood Ltd was that the item conveyed to it was sullied with organism, which influences the structure of woodchips. Another basic factor that showed the issue on companys going concern is change in bookkeeping framework to completely coordinated bundle because of which the organization experienced mistaken credit adjusts. Aside from that, the organization likewise confronted contrasts in mistaken adjusts of its loan bosses for the underlying time frame. In conclusion, the debasement in the cash trade between Australian dollar and Japanese Yen by 3% just as the downgrading in the economy of Japan by 15% is a fundamental factor. It is a marker of issue in going worry for the organization in light of the fact that the arrangement for cheapening in the event that not made, at that point the organization may experience gigantic misfortunes because of cash vacillations. End It very well may be presumed that the instance of Forest Ltd. gives review chance on

Friday, August 21, 2020

Why You Shouldnt Take Venture Capital Money When You Dont Need It

Why You Shouldn’t Take Venture Capital Money When You Don’t Need It Not enough money when needed â€" but aplenty available when you are not seeking…that is the way the venture capital market works!It is ironic really â€" investors are not all too keen on investing in your business in the initial stages when you actually need money to get established and grow. But once you take off and have proven yourself as a successful business venture, they are ready to battle with other investors to give you venture capital money for your business, money that you may not necessarily be in need of at that particular point in time.Venture capitalists like to cover their risks and therefore, they feel safer investing in your business when it is running along nicely. They may not have given you money for product development but if the new product you have launched has taken over the market and is getting a good response, venture capitalists would like to have a part in your success by giving you money for further investment. However, the question you need to ask yo urself is “do you need VC money or not?” © Shutterstock.com | SIHASAKPRACHUMIn this article, you will learn about 1) the advantages of taking venture capital money, 2) the 9 reasons why you shouldnt take VC money when you dont need it, and 3) how to politely decline an investment offer from an investor.ADVANTAGES OF TAKING VENTURE CAPITAL MONEYOut of all the different funding options available to you, venture capital is a safe choice. There are a number of benefits associated with venture capital money. To begin with, it fuels your business. You may have a great idea but no money to translate the idea into a viable business. Venture capitalists give you the money to move ahead and materialize your business idea.If you are already in business, you can use the venture capital for growth and development. You can expand your product line or grow your reach by expanding your target market and entering new markets.Your existing revenue may be getting consumed in maintaining your business operations; venture capital provides you spare funds for enhancements. Venture capital can help you improve your business processes and give you funds for automation and technological development.One of the most enticing features of venture capital is that since it is equity and not a loan, you will not have to worry about repaying it. With venture capital, you get access to money for doing business without having to fulfill loan application formalities and without having to worry about following a repayment schedule. You are spared from paying off exorbitant interest rates and meeting the terms and conditions of a loan.Venture capitalists get to participate in your business operations and contribute towards decision-making. They are experts at analyzing business opportunities and therefore can give you useful insight that can be beneficial for your business’s future. Quite a lot of them are good business managers as well. So you get to have an extra pair of hands to help you manage your business operations.Venture capit alists have a vested interest in your business’s success and therefore they can give you access to their contacts. This will give you a chance to enhance your business network and get connected with professionals who can share their experiences and give you valuable business advice. Venture capitalists can also get you in touch with specialists and consultants whose expertise can be fruitful for you. For example, an HR consultant can help you with hiring competent staff for your business.Interested in a quick introduction to what Venture Capital is all about? Read this slides.[slideshare id=3188792doc=insiteventurecapital101-100215190248-phpapp02w=640h=330]REASONS WHY YOU SHOULDN’T TAKE MONEY WHEN YOU DON’T NEED ITWho doesn’t want money? When the money is there â€" you should take it, right? Sounds awkward that you should say no to an investor? But should you always welcome investment even if you don’t need it?With venture capital, you should proceed with caution. Just as everything else does, venture capital also has a downside to it; which is why there are sound reasons why you shouldn’t take money when you don’t necessarily need it.#1: Investors Become PartnersVenture capital money is equity; thus, venture capital allows investors to become partners in your business. You are literally giving a part of your business to the investor in return for their money. This means they get a share in your business decisions and most importantly, in your business’s success.So if you are making profit, you won’t get to keep the entire profit to yourself, you will have to share a percentage of it with your investors. This percentage will depend upon the percentage of equity share of the investor. The more investors or venture capitalists you have, the greater chunk of your profit will go to them.You Lose your Freedom to ChangeIf you want to exit from a particular market or withdraw a particular product from your product line, you cannot just take the deci sion in isolation and implement it.Since the investors are owners as well, for any bigger change you want to bring in your business, you would have to consult with the venture capitalists. You need to get their consent before implementing any changes. Therefore, you lose your freedom to change.You Divide your Decision Making Authority Make the Decision Making Process potentially LongerWhen you were the sole owner of your business, you had the complete decision making authority with yourself. But now you would have to consult your venture capitalists while making decisions. This can sometimes elongate the decision making process. The more venture capitalists involved, the more time it may take to reach a unanimous decision.Learn everything about going from your business idea to IPO and the startup funding process.#2: The Venture Capitalists May Not Have the ExpertiseSome investors are more involved and are willing to help you with your business; the rest aren’t as involved and not interested in interfering in your business operations. Then there are some who are unable to help you because they don’t have the expertise. They may be from a different field or background and therefore, not have much knowledge regarding the kind of market you are working in.Such venture capitalists get to have a share in your business’s success without contributing anything towards it (apart from their money of course).#3: The Venture Capitalists’ Expectations May be Too HighSince venture capitalists want to get the most out of their investments, their expectations may be too high, always keeping you under pressure.They may expect decisions and changes to bring results too quickly and get dissatisfied with a change if it doesn’t bring results as per their expectations. They may expect new product development to happen in unrealistically short times or demand you to deliver the final product much sooner than your process allows you to. They may have unrealistic expectation s concerning the number of hours you put-in in a day or your availability during holidays and weekends.#4: Investors Gain a Say in How You Are Running your BusinessWhen investors fund your business, they gain an influence over your business’s management. Some investors may not like to interfere in your day-to-day operations and short-term management decision; whereas others like to be involved in all the day-to-day matters of your business.Your way of running the business may differ from theirs but the thought of losing venture capital may force you to compromise and run your business the way investors want you to.#5: Investors Will Always Ask for Progress ReportsIn order to safeguard your investments, you will have to continuously prove your worth. Investors like to keep tabs on their investments and anticipate profits; therefore, they will keep bothering you with inquiries about how things are going and what results your business is achieving. You will have to collect and presen t data and numbers so investors are aware about how your business is progressing. They will continuously demand progress reports from you on a regular basis so they know that their investment is safe and earning a high return.#6: Investors may De-Track you (Due to Different Company Strategy Expectations)You may want to focus on a new target market you have recently identified for yourself but the investors may keep you busy in preparing a presentation for the next investors’ meeting. You may want to improve customer services but the investors may want you to explore the option of revamping your business’s website.What is important for you may not be as important to your investors; their priority list may differ from yours, de-tracking you from what you want to do. Other situations concerning investors may also become a source of distraction for you. Rather than working on your strategy, you may have to spend your time and effort in trying to contact the investors so they are ava ilable for meetings at the decided time.#7: Self-Reliance is the Best Kind of RelianceIf you set-up, grow and run your business with your own money, you own the entire business. You are your own boss, answerable to no one but you. Being the sole proprietor makes you depend on yourself. No one can match the level of commitment and passion you have for your business and therefore, it is best to rely on yourself for financing the business as compared to availing any other option â€" including venture capital.Things may not always run smoothly and when your business is faced with a tough time, the investors may not be very helpful (but they would still be expecting you to deliver results). Therefore, relying on self is the best kind of reliance.#8: It May Become Difficult to Take all Investors On-BoardWhile making decisions, short-term and long-term, conflicts may arise between the different investors. They may put you in a difficult situation and it may become hard for you to resolve t hese conflicts peacefully. These conflicts can arise due to different reasons including varying backgrounds, experiences and expertise of the investors as well as differences in their interests (one may want to expand customer base while other may want to focus on improving retention rate of existing customers).#9: Getting Venture Capital Money is Associated with High Legal CostsSince high stakes are involved, a venture capital deal has to go through rigorous legal and accounting formalities. Both parties need to go over the terms and agreements of the deal over and over again.For this, you would need to hire a legal expert or a professional accountant â€" who charge heftily for their services. So ultimately, the venture capital deal costs you a lot in terms of paying accounting and legal consultant fees.HOW TO POLITELY SAY ‘NO’ TO AN INVESTOREven though you may not need the money at the particular point in time, you could need it at some point in time in the future. You don’t want to blatantly say no to investors and offend them because you might need to ask for investments later on. Here are a few ways of politely saying no to them right now but keeping doors open for future:Ask them to Reschedule their MeetingMake an excuse of being busy with some unavoidable commitment. This way you indirectly communicate to them that meeting with them isn’t a high priority for you since you aren’t looking for investors. So you aren’t actually saying ‘no’ while at the same time letting them know that they aren’t urgently needed by your business.Explain your Priorities to ThemYou can let them know that you are not looking to grow right now and that your strategy is to strengthen your existing customer base. You can tell them that you have not reached your economies of scale yet.Ask them about their Other Investment InterestsAsk them about the other companies they are considering investing in, and subtly reflect that the other options are good options. Give them strong reasons as to why they should move ahead with another company, but don’t be too pushy. This can give them an idea that you aren’t interested in their investment proposal.Communicate Openly HonestlyBe honest with the investors and let them know that currently you are not looking for investment for your business. Your genuine attitude will enable them to take the offer rejection positively and also keep the doors of investment open for you.Tell them you Need Time to Think/Analyze Their OfferListen to the investment offer and ask them to give you time for looking deeper into the terms and conditions of the agreement. This way you can buy some time and then politely say no rather than saying no to them upfront. This way the investors feel that at-least you gave a chance to their offer and that you spent time in considering it.Set your Own TermsInvestors like to set-up investment terms that put them in an advantageous position; rather than saying no, put forward your ow n terms and conditions. Chances are that the investors will back-off from the offer themselves.CONCLUSIONThe business world is full of risks. Whether you accept a venture capitalist’s offer or reject it, think twice and then once more. You should have solid reasons for your decision and your focus should be on the long-term effects.If you have worked out the long-term goals for yourself, you will have a clearer picture of the future of your business. If you feel that in future, your growth and expansion plans will require you to seek venture capital, then evaluating and accepting a few of the current offers may be the right decision for you.If you do not foresee the need for money in the long-term even, then giving ownership of your business in return for investment money may not be a smart decision.Support your decision to accept or reject investments with logically strong reasons; if you decide to move ahead with venture capital funding then try to get investors that share the s ame business interests/background as yours and those that bring more to the business than just money.

Why You Shouldnt Take Venture Capital Money When You Dont Need It

Why You Shouldn’t Take Venture Capital Money When You Don’t Need It Not enough money when needed â€" but aplenty available when you are not seeking…that is the way the venture capital market works!It is ironic really â€" investors are not all too keen on investing in your business in the initial stages when you actually need money to get established and grow. But once you take off and have proven yourself as a successful business venture, they are ready to battle with other investors to give you venture capital money for your business, money that you may not necessarily be in need of at that particular point in time.Venture capitalists like to cover their risks and therefore, they feel safer investing in your business when it is running along nicely. They may not have given you money for product development but if the new product you have launched has taken over the market and is getting a good response, venture capitalists would like to have a part in your success by giving you money for further investment. However, the question you need to ask yo urself is “do you need VC money or not?” © Shutterstock.com | SIHASAKPRACHUMIn this article, you will learn about 1) the advantages of taking venture capital money, 2) the 9 reasons why you shouldnt take VC money when you dont need it, and 3) how to politely decline an investment offer from an investor.ADVANTAGES OF TAKING VENTURE CAPITAL MONEYOut of all the different funding options available to you, venture capital is a safe choice. There are a number of benefits associated with venture capital money. To begin with, it fuels your business. You may have a great idea but no money to translate the idea into a viable business. Venture capitalists give you the money to move ahead and materialize your business idea.If you are already in business, you can use the venture capital for growth and development. You can expand your product line or grow your reach by expanding your target market and entering new markets.Your existing revenue may be getting consumed in maintaining your business operations; venture capital provides you spare funds for enhancements. Venture capital can help you improve your business processes and give you funds for automation and technological development.One of the most enticing features of venture capital is that since it is equity and not a loan, you will not have to worry about repaying it. With venture capital, you get access to money for doing business without having to fulfill loan application formalities and without having to worry about following a repayment schedule. You are spared from paying off exorbitant interest rates and meeting the terms and conditions of a loan.Venture capitalists get to participate in your business operations and contribute towards decision-making. They are experts at analyzing business opportunities and therefore can give you useful insight that can be beneficial for your business’s future. Quite a lot of them are good business managers as well. So you get to have an extra pair of hands to help you manage your business operations.Venture capit alists have a vested interest in your business’s success and therefore they can give you access to their contacts. This will give you a chance to enhance your business network and get connected with professionals who can share their experiences and give you valuable business advice. Venture capitalists can also get you in touch with specialists and consultants whose expertise can be fruitful for you. For example, an HR consultant can help you with hiring competent staff for your business.Interested in a quick introduction to what Venture Capital is all about? Read this slides.[slideshare id=3188792doc=insiteventurecapital101-100215190248-phpapp02w=640h=330]REASONS WHY YOU SHOULDN’T TAKE MONEY WHEN YOU DON’T NEED ITWho doesn’t want money? When the money is there â€" you should take it, right? Sounds awkward that you should say no to an investor? But should you always welcome investment even if you don’t need it?With venture capital, you should proceed with caution. Just as everything else does, venture capital also has a downside to it; which is why there are sound reasons why you shouldn’t take money when you don’t necessarily need it.#1: Investors Become PartnersVenture capital money is equity; thus, venture capital allows investors to become partners in your business. You are literally giving a part of your business to the investor in return for their money. This means they get a share in your business decisions and most importantly, in your business’s success.So if you are making profit, you won’t get to keep the entire profit to yourself, you will have to share a percentage of it with your investors. This percentage will depend upon the percentage of equity share of the investor. The more investors or venture capitalists you have, the greater chunk of your profit will go to them.You Lose your Freedom to ChangeIf you want to exit from a particular market or withdraw a particular product from your product line, you cannot just take the deci sion in isolation and implement it.Since the investors are owners as well, for any bigger change you want to bring in your business, you would have to consult with the venture capitalists. You need to get their consent before implementing any changes. Therefore, you lose your freedom to change.You Divide your Decision Making Authority Make the Decision Making Process potentially LongerWhen you were the sole owner of your business, you had the complete decision making authority with yourself. But now you would have to consult your venture capitalists while making decisions. This can sometimes elongate the decision making process. The more venture capitalists involved, the more time it may take to reach a unanimous decision.Learn everything about going from your business idea to IPO and the startup funding process.#2: The Venture Capitalists May Not Have the ExpertiseSome investors are more involved and are willing to help you with your business; the rest aren’t as involved and not interested in interfering in your business operations. Then there are some who are unable to help you because they don’t have the expertise. They may be from a different field or background and therefore, not have much knowledge regarding the kind of market you are working in.Such venture capitalists get to have a share in your business’s success without contributing anything towards it (apart from their money of course).#3: The Venture Capitalists’ Expectations May be Too HighSince venture capitalists want to get the most out of their investments, their expectations may be too high, always keeping you under pressure.They may expect decisions and changes to bring results too quickly and get dissatisfied with a change if it doesn’t bring results as per their expectations. They may expect new product development to happen in unrealistically short times or demand you to deliver the final product much sooner than your process allows you to. They may have unrealistic expectation s concerning the number of hours you put-in in a day or your availability during holidays and weekends.#4: Investors Gain a Say in How You Are Running your BusinessWhen investors fund your business, they gain an influence over your business’s management. Some investors may not like to interfere in your day-to-day operations and short-term management decision; whereas others like to be involved in all the day-to-day matters of your business.Your way of running the business may differ from theirs but the thought of losing venture capital may force you to compromise and run your business the way investors want you to.#5: Investors Will Always Ask for Progress ReportsIn order to safeguard your investments, you will have to continuously prove your worth. Investors like to keep tabs on their investments and anticipate profits; therefore, they will keep bothering you with inquiries about how things are going and what results your business is achieving. You will have to collect and presen t data and numbers so investors are aware about how your business is progressing. They will continuously demand progress reports from you on a regular basis so they know that their investment is safe and earning a high return.#6: Investors may De-Track you (Due to Different Company Strategy Expectations)You may want to focus on a new target market you have recently identified for yourself but the investors may keep you busy in preparing a presentation for the next investors’ meeting. You may want to improve customer services but the investors may want you to explore the option of revamping your business’s website.What is important for you may not be as important to your investors; their priority list may differ from yours, de-tracking you from what you want to do. Other situations concerning investors may also become a source of distraction for you. Rather than working on your strategy, you may have to spend your time and effort in trying to contact the investors so they are ava ilable for meetings at the decided time.#7: Self-Reliance is the Best Kind of RelianceIf you set-up, grow and run your business with your own money, you own the entire business. You are your own boss, answerable to no one but you. Being the sole proprietor makes you depend on yourself. No one can match the level of commitment and passion you have for your business and therefore, it is best to rely on yourself for financing the business as compared to availing any other option â€" including venture capital.Things may not always run smoothly and when your business is faced with a tough time, the investors may not be very helpful (but they would still be expecting you to deliver results). Therefore, relying on self is the best kind of reliance.#8: It May Become Difficult to Take all Investors On-BoardWhile making decisions, short-term and long-term, conflicts may arise between the different investors. They may put you in a difficult situation and it may become hard for you to resolve t hese conflicts peacefully. These conflicts can arise due to different reasons including varying backgrounds, experiences and expertise of the investors as well as differences in their interests (one may want to expand customer base while other may want to focus on improving retention rate of existing customers).#9: Getting Venture Capital Money is Associated with High Legal CostsSince high stakes are involved, a venture capital deal has to go through rigorous legal and accounting formalities. Both parties need to go over the terms and agreements of the deal over and over again.For this, you would need to hire a legal expert or a professional accountant â€" who charge heftily for their services. So ultimately, the venture capital deal costs you a lot in terms of paying accounting and legal consultant fees.HOW TO POLITELY SAY ‘NO’ TO AN INVESTOREven though you may not need the money at the particular point in time, you could need it at some point in time in the future. You don’t want to blatantly say no to investors and offend them because you might need to ask for investments later on. Here are a few ways of politely saying no to them right now but keeping doors open for future:Ask them to Reschedule their MeetingMake an excuse of being busy with some unavoidable commitment. This way you indirectly communicate to them that meeting with them isn’t a high priority for you since you aren’t looking for investors. So you aren’t actually saying ‘no’ while at the same time letting them know that they aren’t urgently needed by your business.Explain your Priorities to ThemYou can let them know that you are not looking to grow right now and that your strategy is to strengthen your existing customer base. You can tell them that you have not reached your economies of scale yet.Ask them about their Other Investment InterestsAsk them about the other companies they are considering investing in, and subtly reflect that the other options are good options. Give them strong reasons as to why they should move ahead with another company, but don’t be too pushy. This can give them an idea that you aren’t interested in their investment proposal.Communicate Openly HonestlyBe honest with the investors and let them know that currently you are not looking for investment for your business. Your genuine attitude will enable them to take the offer rejection positively and also keep the doors of investment open for you.Tell them you Need Time to Think/Analyze Their OfferListen to the investment offer and ask them to give you time for looking deeper into the terms and conditions of the agreement. This way you can buy some time and then politely say no rather than saying no to them upfront. This way the investors feel that at-least you gave a chance to their offer and that you spent time in considering it.Set your Own TermsInvestors like to set-up investment terms that put them in an advantageous position; rather than saying no, put forward your ow n terms and conditions. Chances are that the investors will back-off from the offer themselves.CONCLUSIONThe business world is full of risks. Whether you accept a venture capitalist’s offer or reject it, think twice and then once more. You should have solid reasons for your decision and your focus should be on the long-term effects.If you have worked out the long-term goals for yourself, you will have a clearer picture of the future of your business. If you feel that in future, your growth and expansion plans will require you to seek venture capital, then evaluating and accepting a few of the current offers may be the right decision for you.If you do not foresee the need for money in the long-term even, then giving ownership of your business in return for investment money may not be a smart decision.Support your decision to accept or reject investments with logically strong reasons; if you decide to move ahead with venture capital funding then try to get investors that share the s ame business interests/background as yours and those that bring more to the business than just money.

Sunday, May 24, 2020

My Exchange Program to Tokyo, Japan - 827 Words

Something as small as a film or a book is all it takes to put an idea in a child’s head for the rest of their life. At a young age, I was filled with the desire to explore and learn about everything that was unfamiliar to me, particularly culture and society. My family was never wealthy enough to travel, so I had to educate myself and explore through other methods. I read books, watched movies, and played video games in many genres, from educational to science fiction and fantasy. Now that I am an adult, I have the option to explore and learn about the real world firsthand, and a study abroad program is the best way to do that. I am currently a student at the University of Memphis, and my interests in different cultures have influenced me to choose anthropology and Japanese as my majors. For the 2014-2015 academic year, I will be participating in an exchange program at J.F. Oberlin University in Tokyo, Japan. This program will help me gain knowledge of a culture very different from my own, and it will also bring me one step closer to becoming fluent in Japanese. Since it is an exchange program, I will pay my university’s tuition, making my trip much more affordable. This was a requirement in making my decision. J.F. Oberlin University offers a range of levels of Japanese language courses, and they teach many electives pertaining to Japanese society and history in English for exchange students. Having the option to take multiple courses specifically on Japanese culture wasShow MoreRelatedI Am An International Student945 Words   |  4 Pagescontext. My family has always been interested in travelling. Since I was five, we have been travelling to Japan, Vietnam, Philippines and China and explored different cultures. These experiences allowed me to have a particular interest in English and Japanese languages, which led me to study at a language specialist school in Korea, majoring in English and minoring in Japanese. This inspired me to consider using different languages as well as becoming a cultural bridge as a significant part of my futureRead MoreCapital Markets: Domestic and International Essays1965 Words   |  8 PagesCapital Markets: Domestic and International Capital markets involve two parties in the midst of a financial process. There are domestic markets (markets in the US) and there are foreign markets (international such as Japan and China) that investors put much faith in. The term capital market is the market for securities and where companies and governments raise long-term funds, usually longer than a year. The market itself includes the stock market and the bond market. The capital market alsoRead MoreThe Little Things3032 Words   |  13 Pagesworld can provide them. Well, I’ve had one such chance. I’ve been to a place, commonly know as the land of the rising sun, and yes it was an amazing episode of my life which I could never forget. It all began my sophomore year in high school. There was a summer exchange program in which I would be able to travel to my sister city in Chichibu, Japan. I was excited beyond all recognition. I went through all the motions of such an opportunity: writing essays, commissioning le tters of recommendation, andRead MoreMarketing Plan For Green Fresh Entry Plan3510 Words   |  15 Pages INTERNATIONAL MARKETING PLAN Meadow Fresh Entry Plan in Japan NAME: Sanjay Suthar Student ID: 140005901 Submitted to: MR. Arjan Van der Boon Content: 1. Executive Summary........................................... 1.1 Background of company 2. Opportunity....................................................... 3. Objectives......................................................... 4. Country Market Environment Analysis............... 4.1 Culture 4.2 Legal 5. CompetitiveRead MoreThe Potential Investment Of Sony Corporation1473 Words   |  6 Pages As I stated in my previous letter, I am writing you in regards to your potential investment in Sony Corporation. As a member of Marquise Consulting, I strive to give all potential investors a greater understanding of Stocks and how beneficial investing can be, if you invest in the right company. I make every effort to give you as much information about Sony Corporation and how it has remained an excellent company. However, I also want the information presented to you to be relevant so you are notRead MoreThe Graduation Standards From Cherry Creek School1293 Words   |  6 Pagesstudies. This will make foreign language(s) a mandatory class in order to graduate. As an aspiring educator and polyglot (I speak English, French, Japanese, and I have an advanced understanding of German and am learning Korean), I only wish to give my future students and all future students the best possible opportunities to excel and succeed in life. The 2015-2016 school year finds the United States ranked at 14th place on a global education scale, and South Korea currently holds the first placeRead MoreUniqlo Annual Report21563 Words   |  87 Pagesthe world. In another development, in January 2004 the FAST RETAILING Group made steady progress in its globalization program by taking an equity stake in the owner of the U.S. contemporary apparel brand Theory. world 2001 A message from the Chairman, President CEO Tadashi Yanai transformation Cutting a new pattern for greater growth Those of you who have read my letters over the years know how I feel about growth, and I’ll say it again, â€Å"A company is as well as dead without growthRead MoreStudent4268 Words   |  18 PagesP. Barnes My Personal Life General Idea about life: People throughout the world have different lifestyles. Living standard is so dramatically different from country to country. It means that the way of living is not really similar in comparison. Some people are living in a very poor situation while other people are living in a good situation or in a privileged family. About Author: To begin with, I would like to brief my personal biography. Sophyra Sokhan, my official name,Read MoreAdvertisement as a Cultural Product Values, Practises and Cultural Symbols Reproduced in the Japanese Commercials4727 Words   |  19 Pagessteps in Japan a foreign visitor might think the Japanese have adopted all the modern aspects of Western culture. The same feeling might occur if the visitor looks at the advertisement and commercials which often show faces, music and language that he is familiar with. A deeper look at the Japanese culture and Japanese values inside those commercials, though, may show you something completely different. 75 Identity, Diversity and Intercultural Dialogue Since the World War ii Japan continuouslyRead MoreCaso 07 Hatsune Miku Japanese Virtual Idol Ignites Global Value Co creation8417 Words   |  34 Pagesin August 2007, it released Hatsune Miku, a singing synthesizer application based on Yamaha’s second-generation speech synthesis engine Vocaloid 2. Users of the Hatsune Miku application could create songs by entering the melody and lyrics into the program, after which the songs would be â€Å"sung† by Miku, whose picture was featured on the software packaging. Originally targeting professional music producers, the release of Hatsune Miku set off an unexpected burst of creative activity by amateurs, who

Thursday, May 14, 2020

Timeline of the Little Rock School Integration

In September 1927, Little Rock Senior High School opened. Costing more than 1.5 million to construct, the school opened for white students only. Two years later, the Paul Laurence Dunbar High School opened for African-American students. Its construction cost $400,000 with donations from the Rosenwald Foundation and Rockefeller General Education Fund. 1954 May 17: The U.S. Supreme Court finds that racial segregation in public schools is unconstitutional in the Brown v. Board of Education of Topeka.May 22: Despite many southern school boards resisting the Supreme Court’s ruling, the Little Rock School Board decides to cooperate with the Court’s decision.August 23: The Arkansas NAACP Legal Redress Committee is led by attorney Wiley Branton. With Branton at the helm, the NAACP petitions the school board for prompt integration of public schools. 1955 May 24: The Blossom Plan is adopted by the Little Rock School Board. The Blossom Plan calls for the gradual integration of public schools. Beginning of September 1957, the high school would become integrated followed by lower grades over the next six years.May 31: The initial Supreme Court ruling provided no guidance on how to desegregate public schools yet acknowledged the need for further discussions. In another unanimous ruling known as Brown II, local federal judges are given the responsibility of ensuring that public school authorities integrate â€Å"with all deliberate speed.† 1956 February 8: The NAACP lawsuit, Aaron v. Cooper is dismissed by Federal Judge John E. Miller. Miller argues that the Little Rock School Board acted in â€Å"utmost good faith† in establishing the Blossom Plan.April: The Eighth Circuit Court of Appeals upholds Miller’s dismissal yet made the Little Rock School Board’s Blossom Plan a court mandate.   1957 August 27: The Mother’s League of Central High School holds its first meeting. The organization advocates for continued segregation in public schools and files a motion for a temporary injunction against integration at Central High School.August 29: Chancellor Murray Reed approves the injunction arguing that the integration of Central High School could lead to violence. Federal Judge Ronald Davies, however, voids the injunction, ordering the Little Rock School Board to continue with its plans for desegregation.September: The local NAACP registers nine African-Americans students to attend Central High School. These students were chosen based on their academic achievement and attendance.September 2: Orval Faubus, then governor of Arkansas, announces through a televised speech that African-American students would not be allowed to enter Central High School. Faubus also orders the state’s National Guard to enforce his orders.September 3: The Mother’s League, Citizenà ¢â‚¬â„¢s Council, parents and students of Central High School hold a â€Å"sunrise service.†September 20: Federal judge Ronald Davies orders the National Guard to be removed from Central High School arguing that Faubus has not used them to preserve law and order. Once the National Guard leaves, the Little Rock Police Department arrive.September 23, 1957: The Little Rock Nine are escorted inside of Central High School while a mob of more than 1000 white residents protest outside. The nine students are later removed by local police officials for their own safety. In a televised speech, Dwight Eisenhower orders federal troops to stabilize violence in Little Rock, calling the behavior of white residents â€Å"disgraceful.†September 24: An estimated 1200 members of the 101st Airborne Division arrive in Little Rock, placing the Arkansas National Guard under federal orders.September 25: Escorted by federal troops, the Little Rock Nine are escorted into Central High School for their first day of classes.September 1957 to May 1958: The Little Rock Nine attend classes at Central High School but are met with physical and verbal abuse by students and staff. One of the Little Rock Nine, Minnijean Brown, was suspended for the remainder of the school year after she reacted to consistent confrontations with white students. 1958 May 25: Ernest Green, a senior member of the Little Rock Nine, is the first African-American to graduate from Central High School.June 3: After identifying several disciplinary issues at Central High School, the school board requests a delay in the desegregation plan.June 21: Judge Harry Lemly approves the delay of integration until January 1961. Lemly argues that although African-American students have a constitutional right to attend integrated schools, the â€Å"time has not come for them to enjoy [that right].†September 12: The Supreme Court rules that Little Rock must continue to use its desegregation plan in place. High schools are ordered to open on September 15.September 15: Faubus orders four high schools in Little Rock to be closed at 8 am.September 16: The Women’s Emergency Committee to Open Our Schools (WEC) is established and builds support to open public schools in Little Rock.September 27: White residents of Little Rock vote 19, 470 to 7,561 in support of segregation. The public schools remain closed. This becomes known as the â€Å"Lost Year.† 1959 May 5: Members of the school board in support of segregation vote not to renew the contracts of more than 40 teachers and school administrators in support of integration.May 8: WEC and a group of local business owners establish Stop This Outrageous Purge (STOP). The organization begins soliciting voter signatures to oust the school board members in favor of segregation. In retaliation, segregationists form the Committee to Retain Our Segregated Schools (CROSS).May 25: In a close vote, STOP wins the election. As a result, three segregationists are voted off the school board and three moderate members are appointed.August 12: Little Rock public high schools reopen. Segregationists protest at the State Capitol and Governor Faubus encourages them not to give up the struggle to keep schools from integrating. As a result, the segregationists march to Central High School. An estimated 21 people are arrested after police and fire departments break up the mob.

Wednesday, May 6, 2020

The Correction Treatment Of The Progressive Era - 2742 Words

The correction treatment that characterizes the rehabilitative ideal emerged out of the Progressive Era (the early 1900s). This correctional mechanism made use of pre-sentence investigations, indeterminate sentencing, the invention of a non adversarial juvenile justice system, whose purpose was to â€Å"save† disobedient children, endorse probation, with its focus on presentence reports and offender supervision; and the growth of parole release, and the perception that interventions with offenders should alter their criminal propensities and make them productive, law-abiding citizens. Prison is a place where the criminal justice system put its entire hopes. The correctional mechanism or treatment, if fails will lead to the collapse of whole criminal procedure. The concept of reformation has become the catchphrase in modern criminal justice system. Human rights jurisprudence advocates that no crime should be punished in a cruel, humiliating or in an brutal manner. From history of world especially of countries like USA, India it can be find out that punishments rang- ing from lashings, confinement in stocks, and public brandings for minor offenses to hanging for heinous crimes—including theft were given.1 for those who were awaiting trial. At that time emphasis was placed on the importance of hard labor and silence— the latter so as to give the offender the chance to do penance for committing the crime even as the conditions of confinement grew moreShow MoreRelatedThe Incarceration Of The Correctional System910 Words   |  4 Pagesimprisonment as a form of criminal punishment became a widespread in the United States. The Jackson Administration use rehabilitative labor as a penalty during the American Civil War. Parole, probation, and indeterminate sentencing came in the Progressive Era, which later became a main mechanism in the American penal practice. Incarceration is one of the main forms of punishment and rehabilitation in the United States. According to the U.S. Bureau of Justice Statistics there a 2,266,800 adults wereRead MoreJuvenile Offenders And The United States1092 Words   |  5 PagesDepartment of Corrections; this agency is responsible for the regulation and controlled of convicted prisoners. The Department of Corrections allows the safety of the community by performing safe and secure facilities which keeps the prisoners and offenders under control. In prison there are wide facilities are available for offenders and prisoners such as medical treatment, educational and vocational programs. These programs are there to help the offenders become better citizens. Corrections are providingRead MoreHistory of Punishment2331 Words   |  10 PagesClass Notes for CJ 352_Spring 2011 History Instructor: Marcos L. Misis (ABD) . 1 HISTORY OF CORRECTIONS IN AMERICA Early History of Corrections †¢ Codified punishment for offenders was developed in the early ages of human history. †¢ One of the earliest known written codes that specified different types of offenses and punishments was the Code of Hammurabi in 1750 B.C. The Code of Hammurabi was divided into sections to cover different types of offenses and contained descriptionsRead MoreThe Articles Of Cullen And Jonson1240 Words   |  5 Pagesto reduce crime through treatment, as in mental help for the criminal to see if doctors can assist criminals in stopping their bad ways. Restoration is the idea of healing the harm done by the offenders to the victims. As in to restore the injured parties to make them whole again, to restore balance in the justice system, also to get back to a normal state rather than getting even within the crime, this method focus on the offense and the offender of the crime. Correction is a serious business forRead MoreTaking a Look at Biliary Artisia728 Words   |  3 PagesIt is widely agreed upon in medicine that time is of the essence when it comes to diagnosis and treatment of disease. The pediatric disease, biliary atresia (BA) is no different in this regard, as it has been well accepted for several decades that the timely recognition and repair of BA is essential1. BA is a progressive, idiopathic disease characterized by extensive fibrosis of the extrahepatic biliary tree resulting in blockage of bile flow. BA is the most common cause of surgically correctableRead MoreEssay on Does The Punishment Fit The Crime?851 Words   |  4 Pagesin which we punish those criminal behaviors changes. In the early modern era in Europe, public executions were the primary punishment given to members of society who were involved in criminal behavior. This form of punishment served to showcase the absolute power of the state, King and church to take away the life of any citizen who disrupts peace. It was a way to make the criminal justice system visible and effective in an era when the criminal justice system was in its beginning stages of demonstratingRead MoreCriminal Laws Should Be Organized1513 Words   |  7 PagesThroughout the 1980s, crime and corrections became very important to the public and elected officials since crime was increasing and with constant media coverage, violent crime created fear and anger and the target grew into holding offenders accountable for their conduct and the current Retributive Era came into existence. This model emphasized public safety above all else. Correctional punishments were tough with very little inmate resources. This was the return to the Classical School of criminalityRead MoreEssay on Alternatives to Prison1677 Words   |  7 Pagessecurity prisons are utilized for the offenders serving a sentenced amount of time for their offenses. Their levels of security and prison design are more intense than the minimum security prisons. The effectiveness of prisons has decreased due to progressive overcrowding, and the lack of conclusive alternatives. The need for alternatives has grown immensely over the last decade. Nonetheless, the State and Federal governments are desperate for competent, less expensive solutions. Costs of keeping a prisonerRead MoreThe Effects Of Substance Use Disorder On America s Prison System1339 Words   |  6 PagesHeroin was discovered in the cell he resided in, and in an unprecedented legal proceeding, Judge Richard Berman gave Cameron the longest sentence on record for a prisoner found to have drugs while incarcerated. Instead of receiving much needed treatment for his disorder, Cameron will spend nearly the same amount of time in prison as his original sentence called for. The Numbers Drug use and abuse is not a new problem for America’s prison system, and is one which speaks to the larger issue corruptingRead More Preventing Juvenile Delinquency Essay2173 Words   |  9 Pagesoffenders above the age of seven were treated and incarcerated like adult offenders† (Bartollas Miller, 2008, p.5). The treatment of youths had created distaste among the reformers towards jail terms for juveniles; they desired a system to be more compliance with the â€Å"due process of law.† Furthermore, the reformer was seeking to convert from what they saw as inhumane treatment of the juvenile therefore, facility such as the house of refuge was started. â€Å"The earliest Reformatory Refuge was built