Can a Property Buyer Really Help You Financially?

The property market can always be a difficult area to follow. With the predicted increase of UK house prices by 7 per cent over 2014, many buyers are looking to invest. But what does this mean for home owners and sellers? As a home owner this means now is the best time to sell.

With more people desperate to buy, home owners and sellers can look to sell their properties for as much as 95% of asking price whereas on average sellers tend to sell for as little as 80% of asking price. This benefits any home owner you can gain more for your property than before. Home owners can also expect to achieve a quick house sale.

Although property prices have been increasing steadily over the recent months; studies show that the rate of property transactions have not increased at all. This means that despite the recent surge in property prices, the amount of sales has not increased which could prove worrying over the coming years. The fact is, mortgages are harder to gain and the government scheme ‘Help to buy’ has yet to be seen.

“House prices and the number of transactions remain well off their pre-crisis peak: we are not seeing an all-consuming bubble with prices running out of control and buyers snapping up anything at any price.” Said Nicholas Ayre, managing director of Home Fusion.

Many property experts are predicting a house price bubble. This means even if the prices are increasing now, there is a chance that property values will eventually decline and crash.

So how can a property buyer help you? A property buyer can help you in many ways, the first being landing you a large sum of money. With mortgage interest rates increasing, a property buyer can help to take away any mortgage payments you may currently have and save you from any debts. If you are looking to sell your house fast, there is no better time than now. Selling now will help you to avoid a housing bubble and help you gain maximum value for your property. With some buyers offering cash for property, there is no reason to wait. Selling now ensures a safer route out of any debts and mortgage payments giving you a comfortable future.

To summarise, rising house prices aren’t always a good thing. With recent problems in the British economy, many people are struggling; with wages at a standstill. Many people are stuck with low equity and are unable to progress. Increase in property prices in the short term may help, but with the fears of a possible house price bubble, it is advisable to not to take any risks. If a thought on your mind is “buy our house”, then look into a property buyer.

Jobs in the Film Industry

If you are looking for a career in the film industry, you are looking at a pretty competitive business. The good news is that many people are getting jobs in this area, even when the economy is suffering from a slump, because entertainment is the one thing people still spend money on during tough times. Here are a few statistics pertaining to careers in film.

In recent years, theater admissions did decline, but it seems that the year 2006 ended a three year downward trend because admissions increased three.3 percent over 2005. Revenues from ticket sales increased by 5.Close to 5 percent, making 2006 a $9.49 billion year. Movies released in 2006 were up 607, marking an 11 percent increase over the number of releases in 2005.

If you want to learn how to be a director or a producer the latest published data from the US Bureau of Labor Statistics indicates that the film industry provided 157,000 jobs for actors, directors and producers in 2004. This number is expected to grow between 9-17 percent by the year 2014.

In 2002, there were about 360,000 jobs in the motion picture and video industries, but most of these workers were involved in the production end of film making. There are many companies in the industry employ 10 workers or less. The good news is that a 31.1 percent increase in jobs is expected industry-wide between the years 2002 and 2012. This growth is about twice the 16 percent growth expected across all industries combined over the same timeframe.

How much money can you can make by getting a job in the film industry? It seems that median annual earnings for salaried producers and directors, were about $46,240 in 2002. And if you were really good, and lucky, the top ten percent earned over $119,760.

Those who are really serious about a career in the film business should take a look at programs with film mentor teachers from inside the industry, which takes you out of the classroom of some film schools in colleges and onto real movie sets. This is how and where you’ll learn by doing while you apprentice, one-on-one with a mentor, or by working with a professional – a producer, actor, or a director – in the area of film that you want to study. There are plenty of Los Angeles film schools, and even New York film schools, and many in between in just about any major city in the U.S., but the reality is that in order to really “break into the film business” you will benefit by studying with a working professional.

The reality is that no matter what the economy has in store, or what the job market statistics come in at — if you really want to work in the entertainment or film industry, the best way to do it is to learn your skills from a mentor in the entertainment industry who will help you get a job once you graduate.

The Future of US Accounting – Similarities and Differences Between GAAP and IFRS

The United Sates will begin the switch from Generally Accepted Accounting Principles(GAAP) to International Financial Reporting Standards(IFRS) in 2014. This transition will bring significant changes in the way accountants treat, record, report, and interpret financial and other relevant industry information within U.S. and foreign companies. It is therefore important, before we begin to learn accounting in practice according to IFRS, that we inform ourselves about the key similarities and differences between GAAP and IFRS. Thorough research of web articles concludes that both systems of accounting have numerous similarities but have significantly more differences. Once completed, convergence will break down the accounting standards translation barriers that domestic and foreign firms currently have among their accounting processes and lead to harmonization in the accounting world.

Today, the majority of United States’ businesses are involved in overseas markets and most foreign companies are already using IFRS. The Securities Exchange commission has recognized this and released a statement in support, in February of 2010, of the need for a universal, unified set of accounting standards to be followed, and that IFRS is the best suited set of standards to take on that role. The SEC also developed a road map to achieve this task of convergence and plans to make a final decision in 2011 regarding the definite incorporation of IFRS into the United States. The recent economic recession that affected the majority of the world is one such reason a global set of accounting standards is in need. Many worldwide capital markets were affected by the recession and this only strengthens the argument of the need for a unified set of accounting standards. The convergence of IFRS and GAAP will unify all companies in a common financial reporting language and will iron out any differences domestic and foreign firms encountered in the past. Before this convergence begins, it is important to have a discussion of a few of the major similarities and differences between IFRS and GAAP regarding the Financial Statements, Inventories, and Revenue Recognition so that we may begin to understand how greatly this convergence effort will affect us as U.S. GAAP users.

Before any interested party can begin to examine the internal workings of a company they usually begin in the same place, the financial statements. Financial statements are useful for a multitude of reasons to investors, creditors, directors, internal and external managers etc. and comparability of foreign and domestic financial statements is essential to the modern business. Fortunately, IFRS and GAAP already consider the same financial statements to be the accepted standard for reporting. Under both systems, the preferred statements are: the Income Statement, Balance Sheet, Other Comprehensive Income Statement which is called the Statement of Recognized Income and Expense under the IFRS system, the Statement of Cash Flows, and the Notes to the Financial Statements. Both frameworks require the accrual method of accounting be used with the exception for the Statement of Cash Flows. Both frameworks however, have their significant differences. GAAP allow comparative statements be issued or even a single year in some cases. The balance sheet must be presented with the two most recent years as a comparison and all other statements must cover a three-year period based upon the balance sheet date. Under IFRS, all reports must be released comparatively with the previous period. A standard layout of the balance sheet and the income statement is not necessary under GAAP however, public companies must follow specific rules. Under IFRS, there is no standard layout, just a list of minimum items that must be disclosed. Balance sheets under GAAP must present debt to be paid in more than one year as a long-term liability while IFRS requires all debt to be classified as current unless the agreement to pay the debt was made prior to the balance sheet date. Under GAAP, expenses are classified according to function. IFRS allows expenses to be classified according to function or nature of such expense. Extraordinary items must be unusual and infrequent in occurrence to be included in GAAP income statements whereas extraordinary items are prohibited under IFRS. This is certainly not an all-inclusive list of the differences between the financial statements under both of the frameworks. It is clear to see though, how even the slightest differences between a set of two financial statements, one IFRS and one GAAP, could lead a user of such statements into a troubling situation.

Most businesses in the U.S. and worldwide all have one aspect in common, inventories. Luckily, the basis for valuing inventory under IFRS and GAAP is cost. They both define inventory as assets held for sale in the ordinary course of business, in the process of production for such sale, or to be consumed in the production of goods or services. The cost of inventory is also supported by the money that was spent readying inventory for sale, such as freight-in. Likewise, the two standards have their differences when it comes to reporting inventories. Under GAAP, any cost method can be used for inventories whereas IFRS prohibits LIFO and requires the same costing method be applied to all inventory similar in nature. GAAP requires inventory be measured at the lower of cost or market value. IFRS states that inventory must be measured at the lower of cost or net realizable value. There are several more issues to deal with regarding inventories, in particular mark-down reversals of inventory under each system are different. There are currently no ongoing convergence efforts regarding inventory by the FASB and IASB.

The most important asset to a business, many say, is cash. Without cash the business will be in trouble when it comes time to pay off debts, make any capital expenditures, or simply get lines of credit. One of the ways of getting cash is from revenue into the business. Revenue is defined as the gross inflow of economic benefits during the period arising in the course of the ordinary activities of the entity when those inflows result in increases in equity except increases in equity from distributions from owners.

Under both sets of standards, revenue is not recognized until it is earned or realized(or realizable). When discussing the sale of goods, GAAP requires that there is a legal transfer of ownership and the goods have been delivered at a set price and the seller can reasonable expect payment. Under IFRS, revenue can only be recorded when the risks and rewards of ownership are transferred and the buyer has control of the goods. When recording service revenue, GAAP does not allow any up front revenue recognition if the services are to be performed over a period of time. Such revenue must be amortized. IFRS does allow the option to record the revenue all at once even if the services will be performed over a period of time. In regards as to when to recognize revenue for contingencies, U.S. GAAP requires companies to wait until the contingency is resolved before they record any revenue. IFRS does allow for contingent revenue to be recorded as long as certain mandatory requirements are met. This presents a problem because a company using IFRS could potentially record revenue earlier than it actually received the inflow of assets, misleading users of financial statements.

As one can see just by viewing the similarities and differences among these three categories, the task of convergence is going to be quite challenging. The two sets of standards both have their logic in some areas yet have their downfalls in others. Convergence will benefit the United States in the sense that our financial statements will be much more easily compared to foreign companies’. Though it may take some time and money to be completely unified in our financial reporting, the benefit to global accounting harmonization far outweighs the cost.

Content Marketing Ideas: 14 Simple Ways To Get Awesome Ideas For Your Content Marketing

Content marketing is continuing to play an increasingly important part in marketing your business effectively.

There’s only one small problem. You need to have a steady and consistent supply of content for it to work… and how can you come up with enough content marketing ideas to keep that flow going?

What content can you continue to create that will attract the right traffic for your business, and bring new leads and customers through your door?

That’s where this article comes in, and it’s actually far simpler than you might believe.

Here are fourteen awesome ways to keep ideas flowing into your content marketing funnel, and allow you to build an increasing level of online visibility and traffic for your business in the months and years ahead.

1. Keyword research

Did you know sites like eHow.com have built much of their success on keyword research? Their content is largely created on what their research tells them people are looking for online. You can simply employ the same strategy.

2. Quora

Quora has a huge amount of potential for idea generation. It contains queries on a ton of different topics – simply find your niche, and look through the queries to discover what people are trying to find out about.

3. Customer Questions

Your own customer support is an invaluable source of ideas, because you hear straight from the horse’s mouth what information your customers and prospects are looking for.

4. Blog Comments

Similar to the above, comments on your blog enable you to listen directly to your marketplace, and you can then create content to respond to those needs.

5. Other Blogs In Your Niche

By reading other blogs within your niche, you can get some great ideas for your own posts, and gain further inspiration from the comments they receive. For example, you might be able to flesh out a topic they briefly touched on in their post, or approach it from a new angle.

6. Twitter

Search Twitter and discover what’s happening in your own niche. As well as comments you’ll see links to a lot of other content that could help inspire your own.

7. Hot Topics

What are the main topics of conversation in your industry right now, from your customer’s point of view? What are their primary concerns, right now?

8. How-To Tutorials

How-to type content remains very popular, and providing such content is a great way in which you can immediately gain authority and trust with someone. You’ll also find people get referred to your tutorial from others who have benefited from your advice.

9. Items in the News

What’s in the news right now that affects customers in your niche? Alternatively, how could you adapt and apply key news stories to your business? Tapping into the conversation already in your customer’s mind can be a powerful way to capture their attention and reach audiences who haven’t come across you before.

10. Previous Content

Content you have created before can easily form the basis of new content. For example, you can approach it from a different angle, or use a different media. A blog post written previously can form the basis of a video on YouTube. Topics briefly touched on before can be expanded into completely new content items.

11. List-From Content

This article is a list-form article – content formed on the basis of creating a list about something. What lists could you create of relevance for your own potential customers?

12. Stay Alert!

Train your brain to take advantage of new ideas as they arise. Opportunities for new content are all around you! Start carrying a notebook and pen around with you, or use your smartphone. Jot down new ideas whenever they arise… your brain will get used to it, and supply you with increasing numbers of ideas to pick from.

13. Interview Someone

Who is well known and familiar to your customers, and who has relevance to your business (or how can you make what they do relevant)? You’ll be surprised at how willing most people are to be interviewed. Just make a list of questions, and record the conversation… use Skype or a Google Hangout.

14. Interview Yourself!

Either ask someone to interview you, or interview yourself. This gives a great opportunity to display your expertise, gain credibility with your audience, and reach new audiences you wouldn’t otherwise reach. For example, someone interviewing you could make the interview available to their own list.

So there you have it… 14 simple ways to get an everlasting supply of awesome ideas for your content marketing.

Semiconductor Industry Sales Overview – 2013

According to a report from the Semiconductor Industry Association, worldwide semiconductor sales in 2013 totaled $305.6 billion, hitting an annual record. This was an increase of 4.8% from 2012 sales of $291.6 billion.

Brian Toohey, president and CEO of SIA, reports that this is the first time that the global semiconductor industry exceeded $300 billion in sales for the first time ever, spurred by robust sales growth across nearly all regions and all product segments. Toohey notes that the industry finished the year with the strongest December sales on record, an indication that this momentum is likely to carry over to this year.

Toohey also adds that the semiconductor is becoming ubiquitous and is present in many products, from the home, the car, and mobiles. This indicates a favorable position for the semiconductor industry.

The SIA report indicated that total chip sales for the fourth quarter of 2013 came to $79.9 billion, which was 7.7% higher than the $74.2 billion reported in the fourth quarter of the previous year. In December 2013 alone, chip sales totaled $26.6 billion, which was an increase of 17.3% from December 2012.

The American market showed the biggest growth in sales, exhibiting an increase of 13.1% in its annual semiconductor sales. Europe and the Asia Pacific region also showed increases of 5.2% and 7.0%, respectively. However, sales in Japan actually suffered and decreased by 15.2%, part of which is due to the devaluation of the Japanese yen.

Falan Yinug, SIA director of industry statistics and economic policy, says that Japan has been artificially devaluating the yen in order to stimulate exports, leading to lower sales in the Japanese market, but there could be better growth this year. On the other hand, Europe’s sales had been suffering in 2012 and in the first half of 2013, but the numbers showed that the market there is already recovering.

Among the industry segments, memory was the fastest growing with sales increasing 17.6% in 2013. DRAM performed well in the memory segment, with its sales increasing by 33.3%, while NAND flash also showed strong growth with an 8.1% increase. Optoelectronic products and analog also showed positive growth, with annual sales increases of 5.3% and 2.1%, respectively.

It’s still too early to say whether the record sales is significant in itself as semiconductor sales has fluctuated yearly since 2008. However, even as industry sales remain cyclical, the extreme numbers are slowing down and are being replaced by numbers indicating small but steady growth as the semiconductor industry matures.

A Deutsche Bank Market Research release expects that growth in the industry would accelerate to 8% in 2014, but this projection has already been discounted by many sectors within the industry itself, such as analog and PLDs.

In contrast, the World Semiconductor Trade Statistics (WSTS) organization forecast a more consistent market growth for this year as well as in 2015, projecting sales of up to $317 billion in 2014 and $328 billion by 2015.