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Further audit rules planned

first_imgThursday 10 February 2011 9:13 pm Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoamautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp KCS-content center_img whatsapp AUDITORS’ work came under fresh scrutiny yesterday by EU and UK regulators. EU internal market commissioner Michel Barnier told a Brussels conference he was preparing a directive for November to overhaul audit oversight. He said auditors should be more accountable to wider economic stakeholders – investors, stock exchanges, clients and suppliers – and auditors’ independence should be reasserted. Conflicts of interest that have “tarnished” the profession, such as when auditors supply extra non-audit services to clients, could be prohibited under new rules, he said.“The status quo is not an option for the auditing world,” he said. Barnier said EU authorities would also consider making firms change auditor regularly and would encourage new market entrants. Separately, the Bank of England and Financial Services Authority issued a draft code of practice for auditors to ensure they coordinate their work better with regulators.Richard Thorpe, FSA auditing and accounting sector leader, said: “The FSA and its successor organisations, as supervisors, need to have confidence in audited financial information to ensure that we are making informed judgements and the right decisions.” Show Comments ▼ Further audit rules planned Tags: NULLlast_img read more

Investing in Bitcoin? I think cheap FTSE 100 stocks and shares are better

first_img T Sligo | Friday, 12th June, 2020 See all posts by T Sligo I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img Simply click below to discover how you can take advantage of this. T Sligo has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. Over the past year, those investing in Bitcoin would have seen gains of 25%. This is remarkable, given the turmoil that other investments like stocks and shares have suffered.In fact, what makes the performance of Bitcoin even more extraordinary is the bounce it has seen since its low in March. Since then, it has rebounded by approximately 84%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…On the face of it then, investors should load up on Bitcoin. But there is more to the story than that.Investing in BitcoinAlthough Bitcoin’s price has surged recently, it remains a wildly volatile investment. Earlier this month, the price of a Bitcoin reached recent highs of $10,000. However, it should be noted that this figure represents nearly a 50% drop in its value since its highs in December 2017.This volatility is down to the cryptocurrency having no intrinsic value. And this is the problem I have with Bitcoin: it has no meaningful value.Bitcoin has no fundamentals. Without fundamentals, it is impossible to put an accurate figure on what Bitcoin’s price should be and to tell if you are overpaying for it. In time, the demand for Bitcoin may fall, leaving investments worthless. People invest in Bitcoin with the hope that someone will buy it at a higher price in the future. In this way, it is similar to purchasing a piece of art in the hope that its value will eventually soar. This is not investing. It is speculation.So why are FTSE 100 stocks and shares different?Investing in bargain sharesWhen you purchase FTSE 100 shares, you are buying a part of a business. This means that you take an interest in every aspect of its operation. The company’s revenue, profitability, cash flow, and debt will all play a part in how the market values the company in the long term.The FTSE 100 has indeed crashed multiple times since its formation in 1984. However, it has always recovered in subsequent years. Bitcoin does not have this sort of heritage.Investing with a long-term outlook is the best strategy when buying stocks and shares. This should enable market wobbles to be ridden out and for compound interest to work its magic. As well as investing for growth, FTSE 100 stock buyers can focus on income. I believe dividends make investing in shares more attractive than Bitcoin, and can provide a way to attain passive income. If dividends are reinvested and used to buy more shares, this speeds up the process of compounding interest.I think it pays to avoid investing in fads and get-rich-quick schemes. Benjamin Graham put it best when he said “in the short run, the market is a voting machine but in the long run it is a weighing machine”. Although history might not repeat itself, over longer periods the FTSE 100 has continued to grow. Now could be a great opportunity to buy a part of wonderful companies at ultra-low prices. That is where I would put my money right now. Investing in Bitcoin? I think cheap FTSE 100 stocks and shares are better Enter Your Email Addresslast_img read more

Stabenow, Braun Introduce Bipartisan Bill to Help Family Foresters Develop Climate…

first_imgHome Indiana Agriculture News Stabenow, Braun Introduce Bipartisan Bill to Help Family Foresters Develop Climate Solutions,… Facebook Twitter SHARE Stabenow, Braun Introduce Bipartisan Bill to Help Family Foresters Develop Climate Solutions, Take Advantage of Economic Benefits Previous articleUSDA Invests More Than $330 Million in Specialty Crops Grants, Incentives to Purchase Fruits and VegetablesNext articleTrade Expansion, Labor Reform and Disease Prevention Among Top Issues During NPPC’s Legislative Action Conference Hoosier Ag Today SHARE On Wednesday, U.S. Senators Debbie Stabenow (D-Mich.), Chairwoman of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, and Mike Braun (R-Ind.) introduced the bipartisan Rural Forest Markets Act to remove barriers for small-scale, family foresters and help them benefit from new economic opportunities through climate solutions like carbon markets. The bill is the latest bipartisan climate-smart forestry legislation to come out of the committee after the REPLANT Act was introduced last month.“Big or small, our forests are an important part of addressing the climate crisis,” said Chairwoman Stabenow. “For too long, there have been barriers that prevent family foresters from being able to take advantage of the economic benefits of the carbon reduction efforts they’ve been doing. Our bipartisan bill changes that by removing those barriers and ensuring that they can tap into new markets and be rewarded for their climate-smart practices.”“As a tree farmer myself, I know sustainable forest management represents both a win for conservationists and all Americans. I’m proud to join Chairwoman Stabenow to reintroduce the Rural Forests Markets Act because it’s a low overhead climate solution that takes advantage of private investment to notch a win for small family foresters and the environment,” said Senator Braun.As companies increasingly express interest in offsetting their footprint through carbon and other environmental markets, foresters are tapping into those opportunities and being financially rewarded for the voluntary, sustainable steps they’re taking in managing their land. However, small-scale and family-owned forests have faced barriers due to high upfront costs. These small, family-owned woodlands make up 36% of U.S. forests.The bipartisan Rural Forest Markets Act provides a federal loan guarantee to support innovative projects that help small forest owners address the warming climate and other environmental challenges by adopting sustainable land management practices. Project developers are already using private capital to band together small foresters, provide expertise, and offset the upfront financial costs producers face in participating in these innovative marketplaces. By establishing a federal loan guarantee to back these private investments, new capital and forestry jobs will flow to rural communities and landowners, all while improving the environment and storing more carbon in our forests.The Rural Forest Markets Act:Establishes the Rural Forest Market Investment Program that offers guaranteed loans of up to $150 million for nonprofits and companies to help small and family foresters create and sell forest credits for storing carbon or providing other environmental benefits.Provides a climate solution by encouraging forestland owners to adopt voluntary land management practices that draw carbon out of the air and store it in forests.Creates new revenue streams for small-scale, family foresters by making it possible to generate innovative credits they can sell in established markets.Brings investment into rural communities by reducing the financial risk to private investors who can contribute the upfront financing that makes these projects possible. The bill text is available here. A fact sheet is available here.In addition to Senators Stabenow and Braun, the bill is co-sponsored by Senators Angus King (I-Maine) and Shelley Moore Capito (R-W.Va.).The bill is supported by over a dozen forestry, conservation, and sportsmen groups, including The Nature Conservancy, American Forest Foundation, National Wild Turkey Federation, the National Wildlife Federation, American Forest and Paper Association, American Wood Council, American Forests, and more.“Family forest owners own the largest portion – 36 percent – of the forests in the U.S., making them a critical component to addressing climate change through natural climate solutions,” said Tom Martin, President and CEO of the American Forest Foundation. “Yet, they have thus far been misunderstood, undervalued or forgotten when it comes to how they can contribute. Carbon markets are a key mechanism that can ignite their participation in our climate fight but does so in a way that leverages private sector investment, bringing more dollars to rural America. We appreciate Senator Stabenow and Braun’s leadership on the Rural Forest Markets Act which will help catalyze more carbon projects, such as the Family Forest Carbon Program for family forest owners.”“By ensuring forest owners are a part of national efforts to naturally sequester carbon, we can simultaneously meet our climate goals while also improving wildlife habitat and strengthening rural economies,” said Collin O’Mara, President and CEO of the National Wildlife Federation. “Chairwoman Stabenow and Senator Braun’s innovative, bipartisan bill is a testament to their dedication to advancing carbon markets and supporting natural climate solutions.”“The National Wild Turkey Federation appreciates Senators Stabenow’s and Braun’s support for creating markets to benefit family forest owners,” said Becky Humphries, CEO of the National Wild Turkey Federation. “During my time as Director of the Michigan Department of Natural Resources, Senator Stabenow showed unwavering support for forestry practices that keep our forests healthy.  Providing a path for family forest owners to benefit from carbon markets will continue to ensure that forests remain forests.”“The Rural Forest Markets Act would help unlock the private capital needed to increase the amount of carbon dioxide removed from our air and stored by family-owned forests, which together represent the largest forest ownership in the U.S. That would be a major win for the environment and rural economies,” said Jad Daley, President & CEO of American Forests. “Given the immense scale of family forest ownership across America, this represents a big step forward to realize the scientifically proven and untapped potential of nearly doubling natural carbon storage in U.S. forests and forest products and making a significant contribution toward stabilizing our climate through carbon dioxide removal. Investment in our nation’s family forests will yield benefits for communities and our climate for generations to come.”Source: Sen. Stabenow news release Facebook Twitter By Hoosier Ag Today – Apr 14, 2021 last_img read more

Government tries to reintroduce censorship about the security situation

first_img June 20, 2006 – Updated on January 20, 2016 Government tries to reintroduce censorship about the security situation Reporters Without Borders voiced dismay today at recent government initiatives aimed at imposing censorship and self-censorship about the security situation and the presence of foreign troops. News media editors and executives were summoned by intelligence officials and given instructions. Then a list of banned subjects was sent out to editors.”The media obviously have a role to play in promoting peace, but it is absolutely outrageous that the Afghan authorities should harass the privately-owned media in this manner and tell them what to say and write,” the press freedom organisation said. “Criticising the Afghan authorities or the coalition forces is not the same as condoning terrorism.”Reporters Without Borders continued: “We call on President Hamid Karzai to have this list of banned subjects officially withdrawn and to make sure the intelligence services do not interfere in media content again.”The organisation added: “It is not by censoring the press that the Afghan government will resolve the security problems or put a stop to all the criticism of the warlords and corruption.”Executives and editors of some 10 Afghan news media, including Kabul Weekly, Kilid, Sibat and Tolo TV, were summoned by Hassan Fakhri, an official with the National Security Directorate (NSD) to a meeting at its Kabul headquarters on 12 June. After making a few general remarks about the role of the media, Fakhri distributed a list of bans and restrictions for the media that was signed by NSD director Amrullah Saleh. Fakhri said it could not been copied or circulated.The media representatives present refused to accept the directive, describing it as a violation of the constitution. As a result the NSD sent a new version – with a few minor changes and no signature – out to the news media on 18 June.The list of bans and restrictions – a copy of which has been obtained by Reporters Without Borders – deals above all with security matters and could be a result of a special meeting which President Karzai held with his security advisors on 29 May, following anti-foreigner riots in Kabul. Karzai wanted to tell the media that they should not endanger national interests.The directive begins by ordering the media not to publish “interviews and reports which are against the presence in Afghanistan of the troops of the International Coalition forces and the ISAF (the NATO International Security Assistance Force).” It also tells journalists not to interview or film Taliban, not to read the “provocative statements of armed organizations,” not to demoralize the army, not to call the Mujahideen “warlords” and not to publish “reports and interviews that are against the government’s foreign policy.”As well as issuing bans, the directive calls on the media to disclose ” of the real face of terrorists” and to promote the “spirit of resistance and the bravery of the armed forces in the capital and provinces and particularly in the country’s border areas.”Reacting to media criticism, President Karzai’s spokesperson yesterday said the government had no intention of restricting the media and only wanted to “prevent the glorification of terrorism.”The Association of Independent Afghan Journalists is planning to stage a protest against the directive on 21 June. Its president, Rahimullah Samander, told Reporters Without Borders that the constitution and the press law in no way allowed such censorship. “Afghan journalists have been covering recent events in Kabul and the rest of the country very well, without sensationalism,” he insisted. June 2, 2021 Find out more News Help by sharing this information News News Follow the news on Afghanistan News AfghanistanAsia – Pacific Situation getting more critical for Afghan women journalists, report says to go further Related documents Instructions to the EditorsPDF – 27.72 KB AfghanistanAsia – Pacific RSF_en March 11, 2021 Find out more Organisation Afghanistan : “No just and lasting peace in Afghanistan without guarantees for press freedom” May 3, 2021 Find out more Receive email alerts RSF asks International Criminal Court to investigate murders of journalists in Afghanistanlast_img read more

Tetra Tech Acquires New Corps of Engineers Contract U.S. Army Corps of Engineers

first_img Community News Make a comment STAFF REPORT First Heatwave Expected Next Week HerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeautyZac Efron Is Dating A New Hottie?HerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyThe Most Obvious Sign A Guy Likes You Is When He Does ThisHerbeautyHerbeautyHerbeautyDo You Feel Like Hollywood Celebrities All Look A Bit Similar?HerbeautyHerbeauty CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday 96 recommended0 commentsShareShareTweetSharePin it Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Tetra Tech, 3475 E. Foothill Blvd. in Pasadena, as pictured in a Google Street View image.East Pasadena consulting and engineering provider Tetra Tech Inc. has been awarded a $49- million, multiple-award, architecture and engineering services contract by the U.S. Army Corps of Engineers (USACE), Louisville District.Under the five-year contract, Tetra Tech will provide environmental services for the protection and restoration of the natural environment, including designs, studies, surveys, and application of sustainable and innovative technologies.Tetra Tech’s scientists and engineers will leverage high-end technology and advanced analytics to address priority issues such as emerging contaminants, including per- and poly-fluoroalkyl substances, often referred to as PFAS.In a number of epidemiological studies, PFAS have been linked to the occurrence of adverse human health effects.“USACE has been a valued client for more than 40 years,” Dan Batrack, Tetra Tech Chairman and CEO, said. “We look forward to continuing to use our ‘Leading with Science’ approach to support USACE’s environmental management initiatives.”Headquartered in Louisville, Kentucky, the USACE Louisville District is part of the Corps’ Great Lakes and Ohio River Division.Tetra Tech, whose corporate headquarters are at 3475 E. Foothill Blvd. in Pasadena, has about 20,000 associates working on consulting projects worldwide. The company provides solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. Business Newscenter_img More Cool Stuff Business News Tetra Tech Acquires New Corps of Engineers Contract U.S. Army Corps of Engineers STAFF REPORT Published on Wednesday, April 7, 2021 | 5:51 pm Community News Name (required)  Mail (required) (not be published)  Website  Subscribe Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Top of the News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Public reminded of meeting over future of AIB building in Derrybeg tomorrow

first_img Previous articleGardai advise of road closures during tomorrows Royal Black Preceptory parade in RaphoeNext articleTeenage boy in serious condition following motorbike crash in County Derry admin People are being reminded that a public meeting over the future of the AIB building in Derrybeg is taking place tomorrow night.A for sale sign appeared outside the building some weeks ago, prompting calls for it to be gifted to the local community.The meeting is taking place in Ionad Naomh Pádraig in Dobhar at 8pm tomorrow evening.One of the organisers of the meeting is Danny Brown :Audio Player Up/Down Arrow keys to increase or decrease volume. Man arrested on suspicion of drugs and criminal property offences in Derry 365 additional cases of Covid-19 in Republic Twitter Google+ Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan fire Pinterest RELATED ARTICLESMORE FROM AUTHOR Twitter 75 positive cases of Covid confirmed in North center_img By admin – August 26, 2016 WhatsApp Pinterest Facebook Facebook WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th Homepage BannerNews Public reminded of meeting over future of AIB building in Derrybeg tomorrow Google+last_img read more

Civil Service streamlining motion

first_imgRelated posts:No related photos. Civil Service streamlining motionOn 7 Mar 2000 in Personnel Today The Civil Service should be streamlined to form a core staff of just 50,000,according to a former senior civil servant.Sir Peter Kemp, a permanent secretary at the Cabinet Office under MargaretThatcher, called for a reduction in the size of the half-a-million-strong CivilService.Speaking at the Royal United Services Institute in Whitehall, Sir Peter saidthe remaining 450,000 should be contractors.He said, “It does not much matter whether these are public sectorpeople or private sector people. There were only 50,000 civil servants in 1900.It would be no bad aim for a government to go for something like this onceagain a hundred years later.”Sir Peter said the public sector had no monopoly on delivering good publicservices. He argued the private sector was often able to deliver “the sameoutput for less or more output for the same”.But a spokesman for the Association of First Division Civil Servants said hesaw no benefit in dividing civil servants into core staff and contractors.”Core values are always going to be different. In the private sectorthings are always going to boil down to shareholder profit,” he said. Comments are closed. Previous Article Next Articlelast_img read more

Ailing online agency House Network saved by drilling magnate

first_img House Network, the UK’s first online estate agent, has been acquired by a London-based company after ‘dramatic’ increases in the cost of gaining instructions forced the agency into administration.The purchaser is Universal Acquisitions Ltd (UAL), which was set up last month ahead of House Network being named in a winding-up petition. UAL has one shareholder, 43-year-old construction drilling entrepreneur Marc ‘Ziggy’ Seagroatt.House Network is up and running again and has a new management team with wide estate agency, digital market and e-commerce experience. The revived firm will be reorganised and a new business plan is to be implemented.UAL says its research shows House Network was a “strong business that delivered strong profits for many years and built market share through customer referrals”.Softening market“Unfortunately, investment was made into the firm, preparing it for a potential IPO, at a time when the market was softening.“A dramatic increase in the cost of acquisition led to financial difficulties forcing the firm into administration.  We are delighted we have been able to very quickly get the firm operational again so it can continue to offer the quality of services it is known for.”House Network was first incorporated in 2003. Its most recent accounts to include profit and loss figures reveal that it made a loss of £3.1 million before tax during its financial year to 28th February 2017.“We are not coming into this blind with grand plans to disrupt an industry overnight,” says UAL. “We are realistic about the online estate agency sector and, for example, do not believe it will have a 25% market share in the next 12 months.“However, we do see areas of growth and expansion which can be achieved by stabilising the business and providing the excellent staff at House Network with the products they need to excel.” house network Universal Acquisitions Ltd Ziggy Seagroatt April 3, 2019Nigel Lewis2 commentsAndrew Stanton, CEO Proptech-PR Real Estate Influencer & Journalist CEO Proptech-PR Real Estate Influencer & Journalist 3rd April 2019 at 12:10 pmWhy would someone pay for the assets of a company that was losing £250,000 a month? I am not sure what value there is in buying into an online model, given that since last September, Hatched, Emoov, Tepilo, and others have failed, and none of them made a profit. Marc ‘Ziggy’ Seagroatt would be better off setting up some cold start offices, at £160,000 a go, break even year two with all cost back, marginal profit year three, and £200,000 plus profit year 5 onwards.Instead, ‘Ziggy’s’ online model will probably involve hundreds of thousands if not millions in advertising the service of the company, backed up with a tiny a self employed listing sales force and a minimal after sales service.If only the onliners had a marketing strategy that included sales people who promoted the listed property, rather than waiting for the passive influx of buyers finding the properties online and then interfacing with the vendor direct, that might actually be useful.Log in to ReplyAndrew Stanton, CEO Proptech-PR Real Estate Influencer & Journalist CEO Proptech-PR Real Estate Influencer & Journalist 3rd April 2019 at 8:51 amBuying the assets? (whatever they might be) of a business that losses £250,000 a month, to me is a questionable concept.With Purplebricks share price at 2016 levels, under 140p a share all last month, and Tepilo, Emoov, Hatched, House Network and two other online agents having ceased trading since Sept 2018, are online agents not proving to be Proptech Dinosaurs of the present?A large lumbering, cash burning giant, moving unsteadily, and aimlessly in the property jungle until they finally keel over when the food supply (cash flow) runs out. Proptech is a brilliant aid to agency, but it does not replace the human element the men and women in the industry whose experience, effort and expertise makes transactions flow.My thoughts are unless it is just a tax write off, Marc ‘Ziggy’ Seagroatt should perhaps of invested 160K into a traditional cold start office, (maybe 20 of them, so 3.2M) and break even in 2 years, all cost recovered (so 3.2M recovered), make a marginal profit year 3, and by year five you will be making 200k profit on a turnover of 700K if you have a multi-discipline business per branch.His alternative strategy seems to be more speculative, spend multi-millions on advertising your brand as you have no offices, employ sales people on a self employed basis, mainly as listers, employ no front line negotiators or sales managers to run the sales strategy.Then cross your fingers that properties listed online ‘sell themselves’ as buyers and vendors connect directly to organise viewings and sales. And invest limited money in sales progression as the business model relies on instructions and upfront fees, rather than fees on completion.Thoughts?Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Ailing online agency House Network saved by drilling magnate previous nextAgencies & PeopleAiling online agency House Network saved by drilling magnateUK’s first online estate agency recently went into administration after facing dramatic increases in customer acquisition costs, but is now up and running again.Nigel Lewis3rd April 20192 Comments3,781 Viewslast_img read more

HMAS Hobart fires CIWS in another milestone

first_img Australian destroyer HMAS Hobart fires CIWS in another milestone Authorities View post tag: AWD View post tag: CIWS Prior to entering the city of Hobart for a first visit to her namesake city, the lead ship of the Royal Australian Navy’s air-warfare destroyers, HMAS Hobart, tested her armament with a program of firing serials.During the trials, Hobart tested her 20mm close-in weapons system (CIWS) against an inflatable surface target, marking the first ever time an Australian warship has fired a CIWS capable of striking air and surface targets.The ship’s five-inch main gun was tested against a towed target from varying distances and directions in an early morning naval gunfire exercise.Two practice delivery torpedoes were also fired from the port and starboard tubes with both torpedoes recovered for analysis by navy’s surface forces branch.Test director Lieutenant Commander David Small of Surface Forces oversaw the program of firing serials and said they would help prove the true capabilities of Australia’s newest warships.“First-of-class trials set a baseline for the performance of a new class of ship”, he said.“The next key aim is to validate our standard operating procedures as two more guided missile destroyers come online.”“Surface Forces will now prepare a trial report of observations and recommendations, including changes to procedure or potential physical changes to the ship itself.”Hobart completed a number of other evolutions for the first time during her trial period, including a replenishment at sea with HMAS Anzac and a deep water anchor in the waters off Jervis Bay.Commanding officer Captain John Stavridis said the ship had shown its capability in a number of war-like scenarios.“HMAS Hobart is an outstanding warship that is up to the rigours that come with a busy tempo”, he said.“Many of the things we have achieved for the first time these past several weeks will be daily requirements of this ship over decades to come and we’ve shown we are a guided missile destroyers with a ruthlessly professional crew that gets the job done.”Hobart will conduct further trials throughout the year culminating with an evaluation period in the United States. Share this articlecenter_img February 15, 2018 View post tag: Royal Australian Navy Back to overview,Home naval-today Australian destroyer HMAS Hobart fires CIWS in another milestone View post tag: HMAS Hobartlast_img read more

One man jailed, another hurt after OWI-related crash in Elkhart County

first_imgIndianaLocalNews Google+ (Jon Zimney/95.3 MNC) One person is recovering from injuries and another is behind bars after a crash in Elkhart.The collision happened on Saturday night, Oct. 10, on County Road 16 and County Road 3, when Joseph Comeau of Elkhart ran off the road, hitting a mailbox and power pole.Another Elkhart man was driving behind Comeau and struck the wires from the power pole. That driver suffered a cut to the head and foot. Comeau was taken to the Elkhart County Jail on preliminary charges of operating while intoxicated. Twitter WhatsApp By Jon Zimney – October 11, 2020 0 417 Facebook One man jailed, another hurt after OWI-related crash in Elkhart County Twitter Facebook Pinterest Pinterest WhatsApp Google+ Previous articleSouth Bend Police asking for public’s help after several weekend shootingsNext articleHow to avoid catching the common cold Jon ZimneyJon Zimney is the News and Programming Director for News/Talk 95.3 Michiana’s News Channel and host of the Fries With That podcast. Follow him on Twitter @jzimney.last_img read more