Lifeguard Interview Question and Answer Tips

Congratulations on becoming the newest lifesaving, action taking, challenge meeting professional lifeguard by completing your lifeguard certification exams! Now, it's time to move forward and take those new skills and that deep driven passion to help others and find your first lifeguard job.

Although it takes a special kind of candidate to fit the role and demands of a lifeguard, many of the most common lifeguard interview questions are based on common sense and to test your ambition to simply ensure that you have what it takes to make the team. Much like any career or job, the interview is a chance for both the candidate and the potential employer to get a feel for each other and see how compatible the relationship may be before moving forward.

Before you set off to take on the interview questions head on, here is a list of some of the most common lifeguard interview questions that you may want to prepare yourself for. Take these questions seriously, but do not feel threatened or anxious, as they are merely tools in making sure you can provide the right fit for the job.

Please feel free to tell us a little bit about yourself and about your lifeguard certification and training.
Obviously, the relationship between employer and employee needs to be healthy and compatible, so be open and share yourself as an individual. Be upfront and proud of your training and your lifeguard certification credentials as these are important for your interviewer to know all about.

Why do you feel that you would make a good fit in our team as a lifeguard?
This is your chance to 'sell yourself' and show your potential employer why they should consider you for the position. Do not hold back, but do not get cocky, either!

In your own opinion, what is the definition of "integrity" and how does it apply to the position you are seeking?
Professionalism, maturity and reliability are key points to make in order for you to present yourself as a valuable asset. The responsibilities of a lifeguard are heavy and this is an opportunity to show your potential employer that you have what it takes to spearhead the challenges.

What do you believe are qualities that make for a successful aquatic program?
Show a firm belief in the facilities mission and vision in providing customer service and ensuring that the facilities patrons and customer are safe. Prior to the interview, do some research on the facility and find the information before you ever step foot into the interview.

How would you plan on enforcing rules and regulations of the facility and the program?
This is a chance to show off your customer service skills, yet also to show that you can be firm and provide the "show of strength" in being able to respect the facility regulations.

How would you manage difficult customers?
There are some basic skills here, but the most important one is to – LISTEN – to the customer. In many cases, customers become unruly because they feel that they are not being listened to. Empathize with the difficult customer and let them feel understood, then deal with the issue as professionally and mutually beneficial as possible.

Describe some important qualities to have when working with children.
Children LOVE playing in the water – unfortunately, many young children are not experienced swimmers and lifeguards must take extra caution in ensuring that both parents and children are properly monitored. Children scare easily, so emergency situations can bring some unique challenges when children are involved.

What do you believe are the most important characteristics of a lifeguard?
Illustrate the importance of what you learned in your lifeguard certification program and training. Professionalism, maturity, reliability and maintaining a positive attitude are just a few.

What are you looking to gain from your employment here if you were hired?
Share your planned career path and do not be afraid to ask questions, but it is good to have a structured plan on where you see yourself as a professional lifeguard later on as well.

Why should we consider you for this position ?
More than likely, you are competing with other candidates for the position you are interviewing for. This is possibly a second opportunity to sell yourself and push your name ahead of the list. Be honest and again, show your passion and desire for why you applied for the position in the first place.

Common sense and honesty are two of the most important factors that you can bring to the interview that can help you get the job you're looking for. Your hard work and dedication to get your lifeguard certification credentials can be used in showing your potential employer how ambitious you are in becoming a rescue service professional and move forward in your career as a lifeguard.

Good luck!

Return on Equity – Financial Strategy Tips For Raising Your Return on Investment

People start and grow organizations for a myriad of reasons. One of the often stated reasons is to "make more money" and, in the case of nonprofits, "to grow and perpetuate the cause." Financially-savvy people might state "to improve ROE (Return on Equity)" or "ROI" (Return on Investment), yet most business owners only possess a vague understanding of what this truly means.

The essence of my work with clients revolves around ROE by phrasing the question in simple terms: How do we get more out of what we have?

The Basics

Technically, ROE is simply net income divided by equity (or investment). But do you know how it is derived? Basically, there are three elements that drive ROE:

Total Asset Turnover – the amount of sales derived from the company's assets.

Net Profit Margin – how much the company keeps out of what it sells.

Equity Multiplier – how much debt the organization uses relative to owners' investment in the company (equity).

Total Asset Turnover

Total Asset Turnover is what finance people call an efficiency ratio, measuring how much production (revenue) an organization derives from its assets. While every industry has its own benchmark for success, the higher the ratio, the better.

To increase your total asset turnover, measure the effectiveness of your largest assets. For retailers, the goal is to rapidly sell inventory over and over again. For companies with investments in equipment and real estate, the idea is to maximize revenue from these fixed assets.

Another, less used method for maximizing total asset turnover is to actually decrease total assets while maintaining or increasing sales. For retailers, it means carrying less inventory in smaller locations. For manufacturers, it's outsourcing certain production capacity to other companies with underutilized facilities. For restaurants, it's opening less expensive locations or finding low-cost venues for selling food.

During these economically challenged times, this is becoming a popular strategy. A recent Wall Street Journal article even featured high-end chefs who are operating "lunch trucks" (you know, the ones that usually sell donuts, soda and old sandwiches) to sell their gourmet food. Whether by choice or not, there is little doubt that this business model enjoys a higher ROE with the emphasis on reducing initial investment requirements. Another benefit is that companies can sell assets to increase cash flow or reduce outstanding debt.

The Masters of Total Asset Turnover – Some Examples

One of the grandmasters of total asset turnover is the specialty grocery store, Trader Joe's. Not only do their stores turn their inventory every 7 days, which is unheard of in the grocery business, but their smaller stores require less investment on a unit by unit basis.

Wal-Mart takes it a step further. They do not even own most of the inventory they keep in stock. Instead, the vendors own the inventory. This reduces the company's per store investment and risk. The company enjoys the same sales with less investment in assets.

Net Profit Margin

The second element of ROE is net profit margin, which is in essence, is what you keep out of what you sell.

While each industry is different, most companies operate on razor thin margins. Consumers are often shocked to hear that the average grocery store only keeps $ 1.25 from each $ 100 sale made.

For all its simplicity, many people lose focus when it comes to net profit margin. Business leaders often obsess over total sales while giving little concern to the bottom line. No one goes out of business by increasing their profit margin, but many have gone under from increasing sales. It's what you keep, not what you sell. The media is no help. During the holiday shopping season, all one hears is "sales are up over last year". How about profit margins?

The Balancing Act – ROE Nirvana

Here's where ROE gets challenging. Total asset turnover and net profit margin are often at war with each other. An easy way to increase total asset turnover is by lowering your prices. The only problem is that you run the risk of hurting your company's net profit margin.

So how do we find ROE nirvana? The answer is simple: Sell high-margin products at high volumes. Sounds simple, but the execution is far more difficult.

The trick is finding the optimal balance between the two. While there are no easy answers or secret formulas to maximizing ROE, the following tips should help your company maximize ROE.

ROE Tips

  1. The main driver for ROE? A lways work to increase perceived value on the part of the customer. New Ferraris represent a good value because customers perceive them as containing superior exotic experience and prestige.
  2. A higher profit margin may be a good thing. Or not. If you're a restaurant with a food cost of 25% while your industry average is 32%, how did you do it? If you did it by simply increasing prices, you may get into trouble if consumers perceive you as a poor value (see tip # 1) and will say (to paraphrase Arnold) "I will not be back".
  3. Your core strategy should drive your ROE decisions. Trader Joe's ROE strategy is to turn over inventory quickly by selling unique private-label food items at a small markup in small (low investment) locations. As of this writing, Apple Computer's cheapest notebook computer is $ 1,000. They do not care about market share; they care about higher gross profits for each sliver of market share.
  4. An easy way to increase ROE is to improve service quality. This increases customer purchase frequency, retention, gross sales and allows you to increase profit margins by raising prices. One of the reasons Apple is so profitable is that one gets the feeling that if you get into trouble with your iPod or MacBook, you can have one of the "geniuses" in their stores help you with a problem.
  5. Differentiate yourself. What can you provide that others can not? Or, what can you do well that others will gladly pay a premium for?
  6. What assets should be liquidated (even at a loss) that could free up capital which could be invested more efficiently?
  7. Provide incentives for performance. Frederick Winslow Taylor, the original management consultant and author of Scientific Management in 1911, developed systems that would provide 60% more compensation to superior-performing workers.
  8. Analyze every product / service you sell against percentage of total sales, gross profit margin per item and synergy between items. Keep the best, dump the rest.
  9. Excess inventory reduces total asset turnover and leads to carrying assets that are depreciating before your eyes, thereby forcing the company to sell at a lower price later (and hence, lower profit margin).
  10. Conversely, little inventory (or immediate access to it) means your customer will go elsewhere, which brings no sale at all.
  11. Carefully consider adding new products or services to your existing mix. Adding new items can increase operational complexity resulting in increased training costs, higher errors rates and potential degradation of your brand.

Unlawful Possession of Marijuana in New York

Despite its harsh Rockefeller Drug Laws, New York State is relatively lenient when it comes to marijuana possession. If your attorney knows what he's doing, a first-time marijuana offense should be resolved with an ACOD (adjournment in contemplation of dismissal) pursuant to Section 170.56 of the Criminal Procedure Law. This applies to the Unlawful Possession of Marijuana violation (221.05 of the Penal Law); Criminal Possession of Marijuana in the 5th degree (221.10) and Criminal Possession of Marijuana – 4th (221.15). The latter two are both misdemeanors – crimes. A violation is not a crime.

In many courts the judges and prosecutors are aware of this rule and will generally go along with an attorney who makes the motion properly. However, there are courts where prosecutors and judges may not accept this easily. In some courts they will try to get the defendant to do community service as a condition of the ACOD. This is improper. While community service can be a part of a regular ACOD under CPL 170.55, a marijuana ACOD generally comes under CPL 170.56. The former statute specifically mentions community service. The marijuana ACOD statute does not mention community service as an option.

In other courts, they may not like the idea of ​​a marijuana user "getting away" with no consequences. This perception is unfair, as the defendant will have endured an arrest and paid an attorney a substantial amount of money. There are consequences. But more important, the legislature decided that an ACOD is how a first-time offense should be handled.

An attorney should be able to explain these issues to the local judge handling the case. And if that judge still does not follow the law, the attorney should be able to appeal to a more sensible Court. There will usually be an additional fee for an appeal. To make sure it's done right, the attorney should review CPL 170.56, make sure to follow all of the requirements of the law, and make a record showing that all of the necessary elements were proven so that any appeal will succeed.

It's important for clients to get the ACOD if possible, especially for young clients. Under federal law, a person convicted of any drug offense is ineligible for financial aid. So that $ 200 marijuana violation can cost tens of thousands of dollars in lost financial aid. Also, the marijuana ACOD is more than a dismissal. New York law treats it as a nullity – something that never happened. If you're asked if you've ever been arrested, this nullity means that you were not arrested. The records are also supposed to be sealed. If the client requests it, the attorney should follow up with the Court to make sure the records have been sealed.

Revealed – What Does a Controller Really Do? Best Practice Secrets Highlighted

Once the mission and vision are tweaked, Chief Executive Officers (CEO) and other executives are faced with the issue of implementing the new plan. Often that requires extensive help from accounting or finance. Since a number of CEOs, panel creators, and others ask what is the difference between a Chief Financial Officer (CFO) and controller and bookkeeper, you can start with a look at a more detailed definition of a controller.

We will begin with what to expect from the levels of the accounting staff. For the purposes of this discussion, the following will serve as definitions of two of the top players in the accounting department:

Chief Financial Officer -Person who makes the financial statements understandable. This person ranges from a true business partner to a technician.

Controller – Is the working manager for the accounting department. This person ranges from someone on the CFO track to a technician.

Controllers also have highly specialized duties that require a variety of multitasking skills. Again, a person in this position should be able to cover but is not limited to the following tasks:

Controller Duties:

o Manages bookkeeper
o Handles Executive Payroll
o Can sign checks prepared by bookkeeper
o Signs Sales Tax returns
o Creates the more difficult journal entries
o Prepares Financial Statements
o Approves customer credit limits
o Is responsible for payroll processing
o Implements basic financial and accounting systems
o Can coordinate with external Certified Public Accountant (CPA) on tax returns, compilations or audits
o Implements polices and procedures
o Creates non standard reports, including variance reviews
o Handles insurance and risk management with assistance
o Begins safeguarding assets
o Creates budgets
o Inventory overview with assistance

Think of this as a common sense list of how you want to see how this key team member will help you execute strategic programs or processes like: risk management process, enterprise risk management (ERM), strategic planning, risk assessment, risk management assessment, entire enterprise risk management assessment, operational review, due diligence, or scenario budgeting.

The opportunities you may create from improving your company resources may open up some incredible opportunities for you with competitors whose companies have a weaker management team.

Preparation Tips for NISM Mutual Fund Distributors Certification Exam

NISM-Series-V A: Mutual Fund Distributors Certification Examination is one of the important exams, conducted by NISM (National Institute of Securities Market). It's very helpful module for the peoples, those are willing to work in the field of mutual funds. The aim of this certification is to enhance the quality of sales, distribution and related support services in the mutual fund industry.

To clear NISM Series VA: MFD Certification Exam, candidate should have knowledge of following things:

  1. Concept and role: Before attempting NISM VA Certification Exam, you should have a clear picture of MF in your mind. In other words, we can say that how it works. So just try to know the concept and role model of a mutual fund. In this section, you have to learn lot of things like Advantages and limitations of a mutual fund, Exchange Traded Funds (ETF), Investment objectives, Fund running expenses and some of the others.
  2. Fund Structure and Constituents: In this, you need to learn the things about the Structure of MF in India and related regulations, Role of the sponsor and Role of other fund constituents and related regulations.
  3. Legal and Regulatory Environment: Know the Role and functions of SEBI (Securities and Exchange Board of India) in regulating MF and take a look on investment restrictions and related regulations.

There are some other important sections in this module as: Offer Document, Fund Distribution and Sales Practices, Accounting, Valuation and Taxation, Investor Services, Risk, Return and Performance of Funds, Scheme Selection, Selecting the Right Investment products for Investors, Helping Investors with Financial Planning and Recommending Model Portfolios and Financial Plans.

Before attempting NISM Series VA Certification exam, you should have knowledge of above listed things. Now collect relevant information from your books or try to find out the things online. In modern age, it's very easy to find out any of the informations online easily and quickly. You may also collect some information from the site of NISM.

So learning all of the above listed things will help you in clearing NISM-Series-V A: MFD Certification Examination easily with high marks.

Other thing, you can find out the model paper of NISM series-VA online for preparation. Take a mock test or practice test online for the module of NISM Series VA: Mutual Fund Distributors Certification Exam. Now you can also test yourself by giving NISM series VA mock test online.

Web Design Jobs for Felons – Tips To Getting Hired As a Web Designer

Jobs for felons in web design is an industry that is in demand. Felon Employment can be readily available with jobs associated with the internet, computers and the growing mobile market. All of these industries are in need of web designers and do supply jobs for felons.

It can be difficult for felons to get jobs, especially in the down economy. This is unfortunate, as many times felons have turned their lives around. However, there are plenty of good opportunities out there, regardless of what your past might be like. Website design is a great example, as it is a job you can do from home. There are plenty of web design jobs for felons because you have the option to start your own business and work from home. Clients will not care about your personal history and will not ask whether or not you are a felon.

In order to be successful in website design, you need to be creative, hard working, and motivated. If you have these traits, then you will be able to thrive working for yourself at home. Potential clients will want to see some examples of work that you have done before hiring you, but that is all they will care to know. This is what makes web design jobs for felons such a great option. Of course, that is not the only benefit to the website design industry. You will be able to enjoy a career that has a very bright future and you will be able to make a nice salary.

New businesses will always need websites, and they look to talented web designers for that. What you charge per website is up to you, and whether you work out of your own home or an office is your decision as well. You can essentially set your own hours, and you will not ever have to worry about explaining your past mistakes to anyone. Few jobs can boast all these luxuries, which makes web design jobs for felons something to consider.

Many people are intimidated by starting their own business, and would rather work for a firm where they could count on a steady paycheck though. Even still, web design firms are not usually reluctant to hire felons because of the fact that they can work from home. As long as you can show them that you know how to design quality websites, they will most likely be willing to hire you. So while it can be difficult to find employment if you have a bad record, there will always be web design jobs for felons. Consider that career path, and you will be able to truly leave the past behind you.

Jobs for felons in web design are in demand and there the people with the skills are getting hired. This industry is not going anywhere and is actually expanding every year. If you have a knack for computers and enjoy art this may be a good career fit. If you have a criminal record and can not find a job, just know that there are web design jobs for felons out there.

Top 5 Tips for the CTP Exam in Treasury Management

If you are planning to take the CTP Exam, it is important for you to be fully prepared. With a pass rate of around 50%, it is a very challenging corporate finance certification.

Tip # 1: Begin Studying Early

Whether you have 1 year of treasury management experience or 100, it is in your best interest to begin studying as early as possible for this exam. The CTP covers such a wide variety of material that it is very unlikely that you will know all the information necessary. We suggest 3 months, but it all depends on you, your existing knowledge and your ability to take standardized tests.

Tip # 2: Know the Text

The CTP Exam is based on the text issued by AFP, Essentials of Treasury Management. No question will be on the exam unless it is in this text. Know the text!

Tip # 3: Purchase Qualified Study Material

If you're going to purchase additional material for the CTP, make sure it's qualified. Pay attention to ratings, reviews, etc. We like TMExam.com because its owners have taken the exam. Much of the other material that's currently available is sold by companies who mass produce material for a wide variety of exams. So be careful when you choose supplementary material.

Tip # 4: Practice the Math

The CTP is comprised of very complex financial calculations, many of which are reliant on other calculations to be completed first. Practice the formulas and be able to write and rewrite them on demand. Understand when and where each formula is needed and should be used or you will find yourself lost and frustrated when the time comes.

Tip # 5: Be Prepared for the Testing Facility

All CTP Exam test takers in the US will have to visit their nearest Pearson Vue location. There's no reason to bring anything with you like a calculator or pen, etc, because one will be provided. Once you sit down, you will be given a white board or paper to write on. TMExam.com suggests that you write down your formulas immediately before you begin. Whether or not the test location will let you do this is debatable, bt after you hit the "start" button, they can not stop you from quickly jotting down notes that are relevant to the exam.

Being prepared for the Certified Treasury Professional exam is the key to passing. Follow these 5 tips and you're closer than most to becoming a CTP.

Student Dental Insurance – Affordable Options For Students

Whether your are 18 years old and just starting out in college or are an older student furthering your education, congratulations on taking such an important step toward preparing for your future. Besides studying and exams, students have other worries as well. One of them being where to find an affordable dental insurance plan. Whether you are looking for individual coverage or a family plan, there are ways to find cheap but quality student dental insurance.

1) ISO. The ISO, or the International Student Organization, is a great option for international students looking for student dental coverage. For people who live in other countries, but are studying at universities or colleges in the United States, the ISO is a great place to turn to to find an affordable plan.

2) A school offered capitation plan. This is a dental plan offered by the school itself that covers basic dental needs. While plans differ from school to school, it is not unusual for these plans to require that you see a set list of dentists. Often, the school will allow you to roll the cost of the plan into your tuition and if you are receiving financial aid or are on scholarship, the fee can be taken care of so you do not have to come out of pocket.

3) Dental insurance scheme. Another form of student dental insurance that is offered by the school itself is a dental insurance scheme. This plan is offered by a private insurance company but in agreement with the school. Because insurance companies can afford to give discounts for group coverage, the fact that many students participate makes securing this type of coverage cheap.

4) Discount dental plans. Sometimes, if you are not anticipating needing much dental work at all, these discounted dental plans can be a much more affordable way to go. Unlike insurance, you do not pay premiums. You pay a nominal annual fee and get access to a list of dentists that will do basic work at greatly discounted prices. Another great thing about these programs is that they also offer great discounts on major dental procedures in case of emergency.

Understanding Commercial Real Estate Leases

When you list a property to sell or to lease you need to understand the type of lease that you are dealing with. There are definite differences in leases at all levels and hence a lease must be read fully before proceeding.

Leases are the foundation of property performance. The best salespeople understand the leasing process and the high value that it brings to the future sale. A good lease can enhance a sale price when the time comes.

As mentioned, there are many different types of leases, but there are some rules and common basic elements which will allow you to understand the lease or the potential lease that you can apply to a property. It's all about interpretation of the lease document and that means that you must read the document.

Professional Property Services

After many years of working in the industry, I have seen the best people set the foundations of success around the leasing process. This means that they have grounded themselves with investment skills and knowledge by leasing property for a few years. So let's now look at how you can move down this path of skill development regards leasing.

The better you negotiate and the more fully that you interpret a lease, the more professional you are and you appear to the people that you work with or serve.

You can and should add strategic value in the client in every lease that you negotiate. A lease is not just a document to allow a tenant to occupy premises; it is a tactical cash flow that can attract to or detract from the property.

The way that leases work for the property investor will solidly impact on the property and its performance for the duration of the lease. As you work with tenants or buyers for the property, the type of lease that applies will also impact on the negotiations. Let's look at the main lease types and expand on some of the most relevant issues for you.

Gross Lease:

Under a gross lease the tenant pays a full rent that includes a component for outgoings and the building owner will pay all building operating costs (also known as outgoings). This means that the lease itself will have rent review provisions that escalate the gross rent only.

In a lease of this type the landlord needs to know that they can maintain the building outgoings to predictable levels over the lease term as the landlord holds all the risk of paying the outgoings. The levels of rent review escalations in the lease must be expected to cover or exceed the escalations in the level of outgoings over future years otherwise the landlord will loose money.

Gross leases are common in retail and office property. Your choice in using this rent and lease type should be balanced against the predicted levels of outgoings costs and future changes for the subject property.

Obviously an older building will have steady escalations in outgoings above that of a building that is younger. As a building ages and deteriorates, the gross lease method becomes less attractive and more risky for the landlord.

Semi Gross Lease:

In this type of lease the landlord is initially setting a gross rent which is paid by the tenant and is reviewed over the term of the lease, however the landlord also gets paid some regular money for outgoings that increase under a specific calculation. This is how it is done:

The landlord specifically recovers the escalation in outgoings above a nominated outgoings base year. This base year is selected at the start of the lease and is usually the last reconciled outgoings year prior to lease commencement, which is usually the previous financial year to the start of the lease (because it is fully reconciled and known as a set value) .

As the new semi gross lease proceeds through its term, the tenant has to pay the escalation of the outgoings above the nominated base year. For example, if in a lease the base year for outgoings purposes was set as the financial year 08/09 and the known level of outgoings for that year was $ 85m2 pa, then in the financial year 09/10 when the outgoings escalate to $ 97 m2, the tenant will have to pay outgoings of $ 12m2pa. As the lease ages and in the financial year 12/13, the outgoings could be $ 108m2, and in that case the tenant will need to pay $ 23m2.

In this type of lease the base year is set and the outgoings 'gap' will likely increase significantly as the lease gets older. This type of lease is good for the landlord with younger properties, in that it protects the landlord against the escalation of the outgoings above the base year yet still allowing the landlord to use a gross rent as the foundation for rent charge and collection.

It is common in this type of lease for the base year of outgoings to be updated at the time of any market rent review during the lease. Market reviews in this type of lease would be undertaken if the lease was lengthy (over 3 years) and so the market rent review would occur say each 3 or 4 years.

It is not necessary to do a market rent review at any particular time in a lease as the matter is negotiable at lease commencement, however be aware of the fact of re-setting the base for outgoings and the impact it will have on the landlord.

As a further interpretation of this type of lease you should look at the type of outgoings that are recovered in the calculation. It is not unusual for 'lease savvy tenants' such as the government or large corporations to nominate the type of outgoings to which the base year escalations will apply.

Naturally it is better for the landlord to recover the escalation in all outgoings in a building above the base year, however the government and corporate tenants are well known for limiting the calculation to rates and taxes escalations.

Clearly a lease is a product of a negotiation, but you need to understand what can be done and then get the best lease deal possible for your client.

Net leases:

The term net lease is firstly generic; hence you should be aware that there are 3 types of net leases within the category. So let's look at them.

Net lease: In this lease the tenant pays some or all of the rates and taxes for the property or premises.

Net-Net lease: In this lease the tenant pays the rates and taxes as nominated in the 'net lease' method but they then also pay for insurance premiums for the property and premises.

Net-Net-Net lease: In this lease the tenant will pay for the rates and taxes, the insurance of the premises, and they will then also pay for repair and maintenance costs associated with the premises.

So what lease type is the best for the landlord? In most cases the Net-Net-Net Lease is the way to go, however it is a matter of if the tenant will accept and sign that type of lease.

As a point of negotiation it would be wise in any Net Lease, or a Net-Net Lease to have a higher start rent for the landlord and better rent review provisions that offset the lesser outgoings recovery for the landlord.

Net-Net-Net leases are common on properties that are fully occupied by one tenant. This is method of lease structure is widespread in industrial property and office property.

Percentage lease:

This type of lease is more commonly seen in retail property as the calculation of rent is linked to the trading figures for the tenant. In most leases of this type the tenant firstly pays a fixed base rent that is geared to some rent review method, and then the tenant also pays additional rent that is calculated from their turnover or sales. As the tenant improves its trading, then the rent escalates.

An essential part of this lease structure is to obligate the tenant to give you accurate and regular audited turnover figures. The lease has to support and enforce the audit process for the landlord. Monthly turnover figures are the best way to go in this, with the tenant providing the audited figures to the landlord by say the 7th of the next month. The landlord then charges the turnover rent to the tenant based on the audited figures.

This type of lease is also seen in new shopping centres as new tenants stabilize levels of custom and sales, in supermarkets for the same reasons, and in hotels or motels. The basic strategy with turnover rent is to give the landlord some cash flow from the establishment of a base rent from the start of the lease, and then to collect additional rent as the property and the tenancy becomes more successful in generating sales and customers.

Spell it out

In all leases, the recovery of rent and outgoings must be clearly set out to avoid debate and disagreement with the tenant. As you can now see, the selection of the lease type that you are to use on a property will significantly impact on the future for the landlord. It will also impact on any sales situation.

It pays to know what is going on in the market regards lease and rent types so that you do lease deals that are similar to or better than the rest of the market. The right lease structure, document, and rent will help sell properties at better prices.

Why Businesses Fail Without Accounting Finance Help

To succeed in the business world is tough and especially if you are not too familiar with the different strategies which are needed to make a business successful. Accounting finance, bookkeeping, promotion, marketing, production and manufacturing are some of the strategies that you need to undertake for running a business successfully.

Accounting finance is something that any business needs to seek help with. If you are running a large scale business, there is no question that a separate department or outsourcing is needed. If a person is running a small scale business, they may be able to handle the accounting finance work themselves, but background knowledge is a must. Attempting to calculate these figures can be very time consuming and frustrating if the education or skills are not possessed.

Accounting finance will service a business by keeping a proper record of all the financial aspects of the business. Each business needs to keep a record of all the fiscal dealings that they do on a daily basis, as this is the only thing which will help in determining how good or bad the business is doing.

Often it happens that the person handling the accounting finance or the financial aspect of the business does not make it a habit to maintain all the financial records consistently, especially the small transactions that are done on a daily or weekly basis. It is very important to have all the things documented and it will be best if these things are written down because they are quickly forgotten.

Now accounting finance help is something that you can not avoid and so you must make sure that you get the best professionals to do the work for you. There are many well-known firms that perform excellent accounting finance. Using a true army of dedicated, experienced personnel such firms have the capacity to deal with various financial accounts, engaging in bookkeeping and income tax services. The benefits of outsourcing the accounting finance helps in every aspect of a business, and this is the reason why there is a large surge in the number of business owners and entrepreneurs opening up to the idea of ​​outsourcing the work.

The experience of professionals can help people understand and maintain their financial records in a more effective manner. With accounting finance services, one can learn the true basis of accounting and benefit from an advantageous tax system suitable for corporations. Their intention is to use all the available resources and trained staff to help deal with issues such as audit and budget possibilities. Using such a service, greatly assists in accomplishing a company's clear objectives.

The strategy, which will be needed for maintaining the accounts of your business properly, is different for every business. Therefore, the professional who is offering accounting finance help to your business must make sure that he is fully aware of all the different aspects of your business. Then based on that, decide what will be the best way to handle the accounts and finance of your business. Accounting finance help can do wonders to your business when doe in the correct way.