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Profiling Omar Amanat: Businessman and Philanthropist
Omar Amanat was the founder and CEO of Tradescape, an electronic brokerage company that quickly became an industry leader by offering investors a direct connection to all nine Electronic Communications Networks. Responsible for processing over 10% of NASDAQ’s daily trading volume, it was deemed one of the top 50 private companies in the United States. In 2002, Mr. Amanat sold Tradescape to E*Trade for $280 million. Mr. Amanat studied at the University of Pennsylvania and the Wharton School of Business before working with CyberTrader founder Philip Berber to develop a stock trading platform that was acquired by Charles Schwab for $488 million. He survived the dot-com crash, and narrowly avoided the…
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Time Impact Analysis
Written by Lyle Charles A Time impact analysis will help to understand the extent of the delay in the construction process. A Time impact analysis is conducted to help with the negotiation process or with delay claims. If done once a delay claim occurs, this will be part of the company’s construction claims analysis process. The analysis is done by examining current schedules and including the inputs that have a bearing on the schedule. Request a time impact analysis from the company’s construction claims consultant or the claim management team. The analysis will add activities indicating delays or changes to a schedule representing progress. The goal of the analysis is…
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Advantages of private mediation
Written by Lyle Charles Private mediation has become a movement in many countries as they offer an alternative to the traditional courtroom battleground and litigation process. Normally mediation follows five processes and they are negotiation, conciliation, expert determination, round-table conference, and arbitration. Mediation has allowed many disputes to be more open, empowering, and cooperative. Here are some advantages of private mediation. Reduced costs and time – Most disputes, especially those involving construction can take months or even years to be resolved in a court setting. To speed up proceeding many construction consulting firms are not recommending private mediation to reduce time and costs for both parties. Less polarizing – Courts generally…
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Employee background checks – what you should and shouldn’t do
Written by Tenant Screening Services, LLC Making a wrong hiring decision can cost a firm time, money and unnecessary disruption. Therefore, most employers have hiring procedures that include an employee background check. Here some tips on conducting employee background checks. You should be broad and thorough – It is vital that hiring personnel get an expansive spectrum of information. Therefore, the information should include a background criminal check, education, employment and driving history, social media details etc. Concentrating only on one area will not give the hiring manager an overall picture of the candidate they have selected. You shouldn’t ask the candidate if they have a conviction – Instead of…
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Four key areas to consider when buying furniture for your workspace
Article Written by : Total Merchants The right furniture will contribute to the comfort, atmosphere, and productivity of your employees. However, with so many different stores offering some designs, finding the right office furniture can be difficult. Here are a few areas that should be considered. Cost – It is important to set up a budget of how much you can You should then allocate money for each employee, depending on their designation and job role. Needs – You will mainly have to buy chairs and desks, but it is important to match your furniture with the needs of the business. If you want to cultivate an office culture that…
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Three ideas for cross-promoting your small business
Article Written by : Debt Settlement Online Cross-promotion is a great way to reach your target market by collaborating on marketing with the right business partners. Here are a few cross promoting possibilities that are perfect for small businesses. Co-produce a newsletter – Co-producing a newsletter will keep your costs low and help you expand the expertise you offer your clients. For example, a small elementary school can include articles in a school’s newsletter, which will be seen by parents, students, school members and the city council. It is important that the newsletter is related to the business you are in and not solely about a company. Cross-promote your brands on…
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5 Things entrepreneurs should never say to journalists
Entrepreneurs should be careful what they reveal to journalists since what you say can be immortalized in print. Although the press is useful for a startup, they should be used effectively and correctly to move your business forward. Here are 5 things entrepreneurs should never say to journalists. ‘I’ll pay you to write it.’ – It is best not to approach a journalist with these words. Since most journalists will only write a story if they believe that it is interesting to them. Therefore, find a journalist that will appreciate your story and will offer your decent media coverage. ‘I must review it before you publish.’ – It is important…
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Five myths about job references
Written by Tenant Screening Services, LLC If you are planning on interviewing for a new job, it is important to understand what your former boss or references will say about you. Here are 5 myths about job references. Myth 1 – Companies are not allowed to say negative things about a former employee – Some companies have policies that only give out details like title, dates of employment and eligibility for rehire. However, sometimes employees in HR may violate these policies. Myth 2 – Most companies direct their employee screening requests to the HR department – In most instances, employee screening requests will be directed to the HR department, but…
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How to secure your important digital information
Protecting the credentials used by your business is just as if not more important than those of your personal accounts. A compromised email account of a high level executive for example can result in everything from financial losses to trade secret loss. There are some basic steps that can make this harder that should be followed at a absolute minimum: Passwords Almost everything is digital these days. As a result, there are going to be passwords for a multitude of services. The first step is to ensure that all users who have access to systems use strong passwords. Some systems can enforce this by policy. Some companies even go so…
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Essential things to know when it comes to Credit Card fraud detection
A lot of the times people do not know they have been the victims of credit card fraud until it is either too late or it has some impact on their day to day lives. Most people do not pay attention to the charges on their cards. Either they use the card for everything, and as a result cannot tell most charges from the other, or they don’t use any of the notification features a lot of banks provide. The fact of the matter is that you will always find out about the fraud after it has happened. The sooner you find out and inform the bank, the less hassle…
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How to Properly Anticipate Risk in a Construction Project
When you’re in the construction industry, risk isn’t a matter of possibility it’s one of probability. Even small-scale projects, like a renovation, can run into snags that can delay the work getting finished. When delays occur, they cost money for every stakeholder involved. It’s in your best interest to learn how to perform proper construction claim analysis, and how to anticipate potential problems before they occur. Always Review Review documents with outside experts to be sure that everything on your end looks safe to proceed. If you’re ordering materials, for instance, it would be a good idea to have a structural steel expert go over the work order before it’s…
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Tips to Open a Net Cafe Business
The Net Café went through a short period of obscurity, but seems to be on the rise again. While not the gaming-centric beast that it used to be for American audiences, the Internet café still acts as a place for locals to gather and use the Internet. It leads to interesting interactions, fun scenarios, and it can be a profitable business. Before you get started, read these tips. Use Rentals to Launch Before you can accurately anticipate demand for your business, use computer rentals. Why pay for a dozen high-powered PCs when you can pay a fraction of the cost for a computer rental in Santa Ana? Your community might…
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Things to consider when choosing a cash register
For any retail outlet or business that deals in sales transactions, a cash register is an absolute necessity. The type of cash register used will depend on the requirements of that business and can range from a basic register to an advanced point of sales unit. Here are a few things to consider when making that choice: Size The first and most important factor is size. You will need to consider how many items and transactions you will need to process now and in the near future. Cash registers can be a costly investment and you will need to future proof your purchase so consider where you see your sales…
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Common Mistakes Marketers Continue to Make
Email marketers continuously follow the same repetitive nature that hurts them in sales. When done correctly, email marketing can be the most valuable tool to raise revenue. However, many marketers continue to make mistakes that eventually doom their campaigns. It’s important that you avoid these mistakes so that you don’t fall into the same trap that other businesses are currently in. Here are some of the most common mistakes that marketers continue to make with their email marketing campaigns. Your Call to Action Shouldn’t “Turn Off’ Your Reader A call to action should always be included within your email. But, it shouldn’t be overwhelming to the point where it turns…
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The Best Questions to Ask Before You Open a Merchant Account
If you want to use a merchant service provider, you’re eventually going to need to speak with a merchant service provider. These calls can be intimidating for newbies who are more interested in selling a product than finding a mechanism to accept payment. This guide will help you direct some pointed questions at your representative. After reading this guide, you’ll be able to choose the best payment gateway for your business based on the benefits that directly help you the most. Ask About Pricing One way to tell you’re working with a good company is to ask about pricing structures, which is a fairly common question. Your rep should be…
