Belcanto Business Studio

One of the most frequent questions in regard to insurance for business is how much coverage is enough? Since different events can cost different amounts, there is no set answer to this question. The common consensus is that business owners should be covered in amounts that exceed what they feel a worst case scenario would cost. But how much is this?

In terms of injuries, the cost can be quite high. This is what makes liability insurance so vitally important. Death need not occur for an injury lawsuit to be extremely expensive. Some that have found themselves on the losing end of an injury lawsuit have been required to pay incredible amounts of money. Taking steps to reduce the potential of accidents within your place of business is wise. However, since there is no way to completely prevent every accident, insurance should also be in place.

Pricing insurance for business through the online quote process will allow you to quickly determine what different cover levels may cost. If you business is just getting off the ground and budget will not allow for maximum policy sizes, simply opt for what you can afford. Once your business begins to grow, you can at that time go back and increase your levels. Changes can be made as often as you wish, and you do have the option to change providers if you find a better rate elsewhere.

The CEO and founder member of the John Thomas Financial is Thomas Belesis. This is one of the renowned names and is a member of SIPC, NASDAQ and FINRA. Thomas Belesis had established this company in the year 2007 and he had named the name on the basis of his names of his grandfathers. There has been a phenomenal progress of John Thomas Financial. When his company was started, there were only three people with him.  His company was started for doing brokerage work. Today, his company has been transformed into a large corporation and has more than 300 people working with him. Currently, the focus of the company is in the area of retail brokerage, investment banking services and corporate advisory.

Thomas Belesis is called by many leading news agencies on a regular basis. They call him for various discussions and for getting his opinion about the trends of macroeconomic economic policy as well as its future. Recently, people have seen him in Fox Business News. This had taken place mainly in the Middle East Countries. When this discussion had taken place, the trends of debt market were discussed in detail.

There has been a recent Kudlow report of CNBC. Here, Thomas Belesis had appeared and a discussion had taken place about his personal opinions regarding various equity markets. This discussion had taken place in FOX Business News along with Neil Cavuto about the various policies of USA and Greece.  The differences and similarities between those two policies were tried to be highlighted. There was a TV program on him, named “Money Never Sleeps”. This was mainly conducted with the Wall Street II’s help.

His appearance in this program was really considered to be very noteworthy.  He was also seen as a common trader in this event. There was an active participation of various personalities such as Jacob Moore. In fact, the role of Thomas was very long in this film. However, complete version of the film could not be seen by the people. Besides that, he also had an involvement along with Oliver Stone in his film direction work. Thus, the film will appear very realistic with regards to the activities of Wall Street. Long with various responsibilities of the firm, Thomas Belesis is an active member of the World Energy Forum’s executive board.  He has also received the “Best Businessman Award”.

There is a need for a more practical approach to the problems that may occur when we talk about misunderstanding between unions and companies. They all claim that they are right but the true justice can be done only when we envision the issues from the point of view of the court of law. In the battle concerning industrial problems and even employment problems the trade unions and the solicitors need to work as a team.

The EAD solicitors are ready to offer the entire support needed for the union trades to have. Besides the legal consultancy the firm offers training seminars and also they will advise the unions in the best course of action. This means that they can even train the personnel involved in the movement to have a better knowledge about the legal issues that might be encountered in due course.

Besides thinking about the whole benefit of the union, the solicitors and the union will treat each member as an individual with his specific problems. This means that the members will be represented as one and the cases will be handled separately. In the end the union trade members will be the ones who will benefit most from all these special attentions and they will feel protected in the real sense of the problem by competent solicitors and trade union leaders.

If we read the writing on the media or hear the news, so many horror stories of investment products offered by people who sometimes do not we know it. Still remember the case about 10 years ago in Qurnia Natural estate investment Kingdom or abbreviated QSAR who consume a lot of casualties? Guess, the case was repeated in investment in China is also widely claimed that in the end many victims are shut up in shame. Even up to the latest case of fraud bulging Fund at Century Bank also occur.

In addition, investments in financial products like Mutual Funds were also often reap the storm. Mutual Funds in Indonesia several times has decreased quite dramatically that in 2003, 2005, and 2008 when the global crisis yesterday, and lately in the presence of uncertainty due to the European case. Well, then there is no safe place to invest ? Should not we saved money at home alone cupboard or under the pillow?

Saving money at home is equally risky to put money in financial institutions. Risk is stolen by a man of the house, stolen the thief can cause the money we save at home is reduced or lost. How to save money in the bank? Despite the relative safety of the decline or loss of our money (because the government guarantee), but there is a risk of inflation on our savings because the savings we flowering is very small compared to the current inflation.
In Indonesia there are still many people who can not distinguish between saving money and investing. If saving money at home or in the form of savings Citibank contain the risk, let alone the name investing. One thing to always remember is that no investment has no risk at all. Due to this risk, therefore we have to do an analysis before investing to minimize his risk (not eliminate).

Many ways you can do. The first should always be remembered that investment risk is always proportional to their investment. That is, the higher the interest rate or the expected results (or offered), the higher the risk. As for now there are several investment products that can provide a competitive return on investment (not high) but with the risks that were controls (managed). However, there are many investors in Indonesia alone who are not using common sense to invest in products that promise high yields.

Do not ever in terms of a put Eggs in One Basket? Or it can be interpreted if we have a lot of eggs that do not put all your eggs in one basket. So if the basket falls, the eggs will break all. This proverb can also be used in our investments. Because no single type of investment that is 100% safe, then the investment should be made into several baskets (financial products) investments. In the financial world this is known as diversification. Unfortunately there are still many who have misunderstood this diversification.

Investments can be done using investment products offered by financial institutions and non-financial products. Using a combination of these products also help reduce the risk. Some non-financial products that can be used to invest is: Property (house, apartment, shop, kiosk, etc.), Motor Vehicles, Gold / Precious Metals (jewelry and gold pieces / bars), diamonds and precious jewelry, paintings, goods antique, and many other products that can be used.

While financial products including banking products such as savings deposits, time deposits and SBI, capital market products such as stocks, bonds (bonds), mutual funds, insurance products such as whole life and unit linked, foreign exchange (currency), indexes, futures and more investment products are offered both locally and are sold abroad. Then see the profile of each product. Whether the product is high risk, medium, or small. The risk of this product who later adapted to our risk tolerance. And finally use a combination of these products to produce a set of investment products known as the portfolio or portfolios in the Indonesian language. Where the percentage of each product to be used tailored to their respective investment objectives. By using these methods are expected investment risk can be minimized.

Why say “again”? Because of this fact issue that has been discussed at the beginning of 2011 but again became the talk in the last week. So actually like it or not, willing or unwilling, slowly but surely turned out to plan the Government has continued to perform Rupiah Redenomination on our beloved. This is evident with the approval of the draft Redenomination by the government in mid-March 2011 yesterday. Now we just wait to see whether the proposal would be approved by Parliament to be implemented.

In concept Redenomination is the process whereby a government, in this case Indonesia discard 000 alias three zeros behind our rupiah currency with the aim to simplify the writing, recording, and mention of future transactions, but does not reduce the value of the transaction. So if we now have the money Rp. 1,000,000, – (one million rupiahs), then after Redenomination our money would be “only” Rp. 1.000, – (one thousand dollars) the new currency. This new value of one thousand dollars will be used to buy items (transactions) whose value is equivalent to one million today.

Why? If so simple then why do so many people talk about it? And there are several groups of people who actually oppose it? This is not apart from the trauma of the past where there is never an incident when cutting the value of money (sanering) on ​​the years 1959-1966. Hyper-inflation conditions at that time that caused the government to take action sanering where the dollar value of Rp. 500 cut to Rp. 50 and Rp. Cut to $ 1.000. 100, -.

Although different types, many community members will still be unable to distinguish between the two. It is feared could cause panic. Although in practice in several other countries have done Redenomination had been a hyper-inflation in the first few years of this policy is applied. Hyper-inflation itself is often the case for many things. One of the is the effect of panic psychology of people who “do not believe it” holds its currency so that the spending / buying assets. As a result the law of supply demand occurs and commodity prices could rise. Other causes can occur because the act of businessmen / traders who may be “naughty” that went along with raising the selling price of goods / services because they think their prices are too low. Recent increase in the goods that cause hyper-inflation could have occurred because of rounding prices up if there is no small change for the new currency.

Therefore will need the cooperation of various parties so there are no parties who stole the opportunity “raise the price of” selling their wares because suddenly the price is “impressed” cheap. Example we eat steak “side of the road” for Rp. 75.000 to Rp. 100.000, – with the sudden price redenominasi so “only” USD. 75 and easily impressed, then the steak  so Rp. 150, -.  same steak was immediately increased to 100% of the price duration. Still good if only rose 100%, once wrote elevated from Rp. 75 to Rp. 750 could wrote it? This is what makes the hyper-inflation.

Hyper-inflation will then fall and subside a few years later. This will be greatly influenced by the readiness of the government in this Redenomination to socialize and conduct market operations to prevent employers and rogue traders who raise the selling price of their goods. Or if this is not done carefully could have an impact on people who think the panic is cutting money again. So consequently people will buy other currencies and gold (LM) plus hyperinflasi going to get worse. Many countries especially developing countries that have done this redenominasi. While the last country to successfully perform the Turkish Lira Redenomination her. Within the last 10 years they Redenomination their currencies and quite successful and unsuccessful.

Back to the beginning of the Government’s intentions for his redenominasi the rupiah. For the longer term this will indeed be very useful and beneficial to the people and the dignity of the Unitary State of Republic of Indonesia and our currency. However, once again the process of implementation should be done and heavily guarded. And the socialization process that must be done in the long run so that no parties who seek an advantage in this condition. So that was one of them redenominasi intended to curb inflation even have caused the prolonged hyper-inflation.

In the UK, the installation of PV solar panels (the type which generate electricity) is a relatively simple job to get done. The installation can be done in one day and almost all the work in done outside so there is little disruption to your family’s routine.  There are plenty of solar panel installation companies to choose from, just make sure that you select a company that has MSC accreditation.  MCS which stands for Microgeneration Certification Scheme and only installations with MSC accreditation are eligible for the feed-in tariff.

Very, very few people in the UK purchase PV solar panels without the intention of joining a the feed-in tariff and earning a tax-free income generating by generating electricity for their own use and to sell back to the national electric grid.

If you are a homeowner interested in generating electricity with PV solar panels, you might first want to check with your electricity provider for a quote on the solar panels and installation. You are free to use any MSC certified installer you wish, of course. Installations can run anywhere from £8,000 to£14,000 depending on the system you choose. Most people arrange for financing, your electricity provider or PV solar panel installer may have a finance plan for you. Consider the installation an investment that will increase the value of your home.

Technology Business turns to get the highest confidence

Business turned out to gain confidence in the high technology, from the Trust Barometer 2010 survey results indicate the level of stakeholder confidence in almost all business sectors have increased. “Especially the technology sector who have the highest confidence,” said Director of Edelman IndoPacific Bambang Chriswanto in Jakarta, Tuesday (4 / 5).

The survey showed about 90 percent of 200 educated in Indonesia trust companies in the technology sector, an increase from last year’s value is only 81 percent. Automotive industry are ranked second with 85 percent confidence level.

The banks occupied the third position with 84 percent confidence value. “Among Indonesian banks get the highest value compared with other countries in the Asia-Pacific region had experienced despite the global crisis,” said Bambang.

The sector that experienced a decrease of trust is retail. If last year the value of this sector reached 81 percent, but this year fell to 75 percent. Insurance sector have the lowest trust, only 59 percent of respondents.

Although the level of trust achieved high enough, according to Bambang, Indonesian businesses are also required to have a higher standard of accountability. “Despite the very strong performance of the local economy but businesses can not relax,” he said.

Survey level of confidence among businesses involved 4875 respondents opinion leaders in 22 countries including Indonesia, China, India, Singapore, Japan, South Korea, and Australia.
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Economic and Industrial News

Economic and Industrial News; Regional Morning: The majority of Asian stocks rose after Japan’s economy grew faster than previously reported in 1Q. Reinforcement is also driven by strong commodity prices. Mitsubishi UFJ Financial Group Inc., the largest bank by market value Japan, rose by 1% in Tokyo. Toyota Motor Corp.. (+0.3%). Mitsubishi Corp.. (+1.2%). BHP Billiton Ltd.. (+0.2%) In Sydney. Nikkei (+0.3%) 9.464 S & P / ASX 200 (+0.6%) 4.410 Kospi (-0.11%) 1.645 STI (+0.23%) 2.751

Commodity: Crude oil fell for the first time in three days in New York after the Federal Reserve said the U.S. economy in many countries dampen, send a signal that fuel demand may be moderating. Crude oil starts to weaken again after experiencing a 3.3% gain yesterday after U.S. stocks fall in energy and financial sectors in the release of the Fed’s Beige Book survey.

Fed Chairman Ben S. Bernanke said the recovery is not as strong as expected in the face of risk of European debt crisis. Energy Department report showed gasoline supplies are higher than expected. WTI Crude (-0.6%) $ 73.9/barrel Gold (-0.3%) USD 1.230 / t oz CPO (-0.1%) 2.544 RM / MT Nickel (+4.3%) USD 19.270 / MT Tin (+2.4%) USD 16.325 / MT.

Economic: 3 Sectors relaxed for ASEAN investors

Investors from ASEAN countries who wanted to invest in Indonesia are given leeway in the shareholding of foreign investors than the other three sectors in particular. The third sector is the business of loading and unloading of goods (maritime cargo handling services), sea freight business overseas are not included sabotage, golf and leisure businesses. This was stated by Deputy Trade Minister Mahendra Siregar additional rules related to the new Presidential Regulation No.36/2010 listed in the Investment Negative List (DNI) issued by the government today.

Energy: Weighting increase in TDL assessed

After Basic Electricity Tariff rise 10% certainty, the Ministry of Energy and Mineral Resources (EMR) and the House of Representatives Commission VII soon to discuss the weighting scenario examines the increase in TDL per customer classification, determination of the plan related increase in electricity tariff (TDL) starting July this year. Director General of Electricity and Energy Ministry of Energy and Mineral Resources Purnomo said Jacobus ministry has submitted a proposal about the increase in TDL scheme to the Commission VII of DPR.

Economic: Hold LPS at 7% Interest Guarantee

Deposit Guarantee Institution (LPS) provides deposit guarantee a reasonable rate of rupiah deposits in commercial banks the period 15 May 2010 – 14 September 2010 by 7%. Reasonable interest rate foreign currency deposits and deposits amounting to 3.75% in the Rural Bank redemptions of 10.25%. LPS Secretary Fajarprana Ahmad, said the policy was taken in the LPS Board of Commissioners Meeting of LPS.

Energy: OPEC Oil Demand Declines

Although neither the Organization of Petroleum Exporting Countries OPEC see world economic growth would be higher than originally estimated, it does not mean demand for black gold is going to increase. In an official report in June this OPEC, oil demand in the second half of 2010 was not going to go up. Although OPEC expects global growth will be 3.8% or jumped higher than his original prediction of 3.5% in 2010. The reason is that estimated the Greek crisis has far-reaching impact.

Property: Finance minister: Buy Apartment Rupiah Mandatory Use

Finance Minister says Agus Martowadojo obligatory transactions in all regions of Indonesia using dollars. No exceptions to areas that there are many foreigners visiting or residing. But in general that there would be another example like in Batam to buy flowers, but the quote in Singapore dollars.

Europe: A ban on Short Selling of Europe in Door Threshold

Berlin and Paris compact requested ban also shows they have the same vision. Germany and France urged the European Commission to consider a ban on short selling transactions that apply to the whole of Europe. German Chancellor Angela Merkel and French President Nicolas Sarkozy issued a joint statement published by the German government, yesterday in Berlin. They emphasized the importance of strict control of the transparency of short selling transactions on shares and bonds, especially government securities.

Dependency Analysis Of Media Companies In Indonesia

Dependency Analysis Of Media Companies In Indonesia: Indonesian companies still have to build trust through a variety of communication channels, both traditional print and electronic media, as well as online, following the high expectations of corporate accountability in comparison with other countries in Asia Pacific.

The survey results Edelman Trust Barometer 2010 shows that the business should begin to assess themselves through the lens of social expectations. No single communication channel has a significant level of confidence.

Magazine business is ranked top source of credible information on a company’s nearly 48% of respondents Indonesia see the media as ‘very’ or ‘very very’ credible. But the popularity of search engines are ranked the second 48% and 43% free online resources, which beat the television coverage of 42%.

“We see the binis located on the edge of civil society, and public expectations will impact on the interaction with stakeholders conducted by the business. Now all the world has shifted from shareholders to stakeholders, so that businesses must adapt to this new reality, “said Chadd McLisky, Chairman Edelman IndoPacific today.

The results this year indicate that business circles in Indonesia can not relax, even though the performance of the local economy is very strong. The belief has evolved from the side effects of corporate activities into a separate business lines should continue to be monitored closely by the companies and managed effectively so the company can continue to operate.

Survey level of trust among businesses is part of the Asia Pacific Edelman Trust Barometer to 11, including results of surveys in Indonesia issued recently. Trust Barometer 4875 survey of opinion leaders in 22 countries, including the 1575 opinion leaders in the countries of Asia Pacific al Indonesia, China, India, Singapore, Japan, Korea and Australia.

“The results last year demonstrated that Indonesia businesses can no longer walk alone, partnerships with non-corporate institutions is an important component in a modern business,” said Chadd.

The companies also have to see how they are present in the online world to support the relationship with stakeholders. Website of a company is the most trusted source of digital information ranked third, with 34% of respondents – aligned with corporate communications such as news releases.

But what is communicated by the company are as important as how companies communicate – much information about how a company improve its financial performance and deliver new products and services are not sufficient to meet stakeholder expectations for justice and accountability.

According to the survey, businesses in Indonesia may have been out of the global financial crisis, but these companies can not escape the expectations of higher corporate accountability, along with the onslaught of the global crisis. Because educated in Indonesia have higher expectations of corporate accountability in comparison with other countries in the Asia Pacific region.

According to the survey, 88% of 200 educated Indonesia stated that in order to restore confidence level, Indonesian companies have to release a management team whose performance is less good, and return the government borrowing. 85% say that companies should reduce the age gap between senior executives and the average wage of workers.

In the third category, the results of the survey in Indonesia exceeded regional and global survey results as far as 9 percentage points or more. Even for the first time in 11 years history of the Trust Barometer, quality products and services are not on the top ranks of good characteristics of a firm and responsible.

By contrast, in Indonesia, 83% of respondents in Indonesia stating how a company treats its employees is a key driver of corporate reputation and 78% expressed the importance of business practices that are open and transparent.

Quality of products and services at the level to 5 with 70%, below the company believed “75% and the frequency of communication and honesty (71%), providing consistent financial results (54%) and admired leadership (47%).

“In Indonesia, we look at the factors which is softer and less ‘tangible’ as the driver of reputation. For most stakeholders, what is achieved by the company becoming increasingly less prominent compared to how it behaves, “said Chadd.

These results are underlined by the fact that 68% of respondents Indonesia believes that the CEO must give equal weight to every need of stakeholders – investors, customers, employees, governments and the general public – while taking business decisions. Again these results are higher than the global average which reached 52% and Asia Pacific 53%.