Company Voluntary Arrangements were introduced into the law in 1986. A Company Voluntary Arrangement allows a limited company to settle its debts with creditors over a fixed period of time, normally 3-5 years. Once the arrangement is completed, the creditors agree to write off any outstanding debt leaving the company to continue to trade debt free. On the face of it, a Company Voluntary Arrangement is beneficial for both the company and its...more
If you do not want to continue running your business or you think it is in difficulty and cannot continue to trade, then you need to get good information about your possible options. One area which you will need to consider is company liquidation. The purpose of this article is to explain in simple language what company liquidation is and when its use might be appropriate.Liquidation is simply the term used to describe the process of closing a...more
As the recession continues to bite, more and more businesses are finding it difficult to continue trading. However, very often these difficulties are not because customers have stopped buying completely. Rather, they are buying in reduced volumes and asking for lower prices. Facing these circumstances, many businesses could continue to trade if they did not have the burden of servicing legacy debts. Since the Enterprise Act of 1984, it has been possible to request relief from corporate creditors using a Company Voluntary Arrangement or CVA. With the agreement of creditors, a CVA allows a portion of corporate debt to be repaid at a manageable rate over a set period of time, the remaining debt being written off. However, this procedure has long been criticised by both creditors and insolvency professionals alike due to the high percentage of early failures. The main argument against the CVA is that the fundamental structure of the business and its management team do not change. As such, even if the burden of legacy debt is lifted, the reasons for past failures are not likely to be resolved in the future. Given the criticism levied against CVAs, the process of Phoenixing (also known...more
To manage an effective risk management solution requires more than the calculation of VaR. Ultimately a successful risk management program requires the execution of an effective hedge. Technical analysis is a vital element of this strategy.Recent market reversals brought about by the Sub-Prime mortgage melt down is clearly a significant market...more
When considering a Forex trading system, the first and foremost thing to consider is proof of its profitability. Who would want to waste their time and money learning and implementing a strategy that only incurs losses? Trend Forex has been overwhelmingly proven to be immensely successful. How about CONSISTENTLY making over 3000 pips per month? How...more
Health leads generally relate to finding people who are interested in health insurance. Many people are searching for health insurance coverage, but are totally confused and overwhelmed by the choices and options. The best health leads generation systems filter your leads so that it is not hard for you to find the right leads.It is extremely hard for insurance agents to continually chase cold leads. It is nowadays very difficult to approach thousands of people with the hope that a few will buy your insurance policy. In the days of old, people were less self-educated and were not aware of the choices available. Nowadays people conduct their own research on the Internet and as such, insurance companies are vying for the attention of a highly educated public. You truly need to know your audience to convert your health leads into sales.One tip to get health leads is simply to ask people you know for referrals. This is a surprisingly simple, yet effective tactic. You can ask family, friends, acquaintances, and anyone else. After all, everyone is human and most people require health insurance. It helps if you have a friend or family member who is influential and associates with a lot of...more
Getting mortgage leads is easy - converting them is the hard part. But it does not have to be that hard as long as you follow a plan of attack.The Internet provides a cheap and easy way to generate mortgage leads. You can either buy leads, or...more
It used to be very time consuming to generate sales leads for a business. But besides the time involved, the expense was even more concerning and could really limit the number of leads that you could generate. These days you can use the Internet to...more
Many people enter trading, whether it be stocks, options, commodities or other markets, after having been very successful in their primary occupation. Many of these new traders are perfectionists by nature and driven to be successful. This often...more
Beginning options traders often are confused about the organization of option chains. This paper covers the basic concepts surrounding which options are available at any given point in time, and how that may affect the options you trade.Equity...more
It is common to see web site banners or other advertisements similar to the title of this article, touting the benefits of options trades with probabilities of success of 85-90%. Technically, these trades indeed have a high probability of success,...more
Perhaps the most critical characteristic shared by successful investors and traders is their psychological approach to the market. All forms of financial investments have foundational knowledge that is essential to success in that market. I am not...more