Franchise Startup Costs – How Do I Finance Them?

Don’t be surprised if a franchise executive wants to know three things about you when considering you a franchisee. Franchisors want to know how much cash you can invest in the purchase, how much you can or will be willing to borrow, and your net worth (all your assets minus all your liabilities).

The cash you are willing or able to put toward the purchase, how much will need to be paid during critical startup months, your ability to borrow, and potential partners are just a few of the ingredients that will go into the unique financing mix. of the purchase of your franchise.

Just because you have cash, for example, doesn’t mean you should exhaust it all on a franchise purchase. Like it or not, very few franchises are instantly profitable, so many new franchisees must specifically plan to have adequate operating capital to be able to pay a salary for several months or even years. This decision alone could cause you to borrow more and use less cash. Dave Ramsey proponents will likely want to wait to buy a franchise until they can pay 100% cash. In short, how you finance your franchise opportunity has more to do with your personal needs than the franchise you are purchasing.

One option is to use funds in an existing 401k plan instead of borrowing money. The nuances of this call for a much longer article than this one, but here are the basics. Money from an existing 401k plan can be rolled over to a special 401k rate that will allow you to buy shares in your own company. This often requires your business to be organized as a C-Corporation rather than an LLC or other type of business entity. Many companies like Fran-Fund and Benetrends specialize in helping franchisees make this work. Done correctly, this approach can be easily handled, but should never be undertaken without the advice of experienced professionals and your attorney. It can create some interesting and potentially beneficial financial options, but again it needs to be considered carefully. Some would consider using existing retirement dollars on debt as a conservative approach, while others might find it quite risky. Consult your business advisers if this is a decision you are considering. A final note, using your funds in this way will incur a fairly significant one-time fee that often includes setting up and registering your corporation. Despite this, it’s often a great option for careful investors, but it’s worth noting that if the amount you’re going to use is less than $ 30,000, you might consider simply withdrawing your 401k funds, paying the IRS penalty, and possibly ending. spending less to get the financing. This decision, like any funding issue that has tax consequences, should only be considered with the involvement of your CPA, your attorney, or both.

Many franchises can be operated with little or no investment in real estate, but for those that require commercial space, part of your financing considerations will have to be related to the rental or purchase of real estate. Purchased real estate can often be self-guaranteed, which means that the property will secure the promissory note against them. Unless you can build the space from scratch and get a construction loan, you will likely have to find a way to pay for or finance the franchise-required improvements for the tenant.

Similarly, some franchises require major equipment purchases, while others do not. If your chosen franchise requires equipment, you will need to find a way to finance the equipment. Under many conditions, lenders can provide equipment loans or equipment leasing options to lenders who do not qualify for standard business loans.

Some franchise systems have in-house financing available to qualified buyers, others do not. Internal financing is attractive in many cases, but it can often include interest rates that are not as attractive as those a buyer might obtain from other sources. Franchises that offer in-house financing are much more likely to spend time and energy evaluating your business experience, motivation, sales skills, etc. as a means of prequalifying you as a buyer.

The US Small Business Administration can help new franchisees with loans. This is a topic that deserves a full article, however, here are some limited basics. SBA loans often come from local banks and other regular lenders, not actually the SBA. Instead, they are backed by the SBA. There are several types of SBA-related loans available, but generally lenders want to loan more than $ 150,000 rather than smaller amounts, and these loans will almost always require collateral similar to any other business loan. In some cases, your existing home equity may meet this need. SBA loans often require more documentation, but you might consider locating a Small Business Development Center in your area to help you evaluate your options and complete your paperwork. In some cases, your selected franchise will help you draft the necessary business plans and documentation required for SBA loans.

When starting a new business there is always the option of looking for investment capital. In other words, you can sell a percentage of your new business to investors in exchange for the money to get started. While this is a fairly common approach to financing a new business, it is less common among new franchisees. This may be due to the fact that many new franchisees leave their jobs and become franchise owners as a means of gaining more control over their own destiny and perceive even minority investors as a potential threat to that goal. Similarly, the use of investment capital requires careful planning, the involvement of attorneys, and an understanding of C corporations, LLCs, and similar complex business structures. Venture capital substantially complicates a business deal, and new franchisees often choose to purchase a franchise from scratch as a way to reduce complexity.

As a franchise consultant, I always encourage prospective franchisees to ask the selected franchisee to help them consider financing options. The best franchises will almost always be willing to provide you with information on financial options. Similarly, I advise clients to seek the advice of their CPA and attorney.

Things to know about kitchen cabinet design

Kitchen cabinet doors can add beauty to your kitchen. The appearance of your kitchen cabinets is based on the quality of your cabinets. Therefore, you can completely change the look of your kitchen simply by changing the doors of your kitchen furniture. A good kitchen cabinet design is also important if you want to make the most of the available storage space, and this should also be the goal in any kitchen design.

Types of wood for kitchen cabinets

Kitchen cabinets can be made from dozens of woods including oak, maple, pine, cherry, walnut, poplar, alder, and birch. Hickory and Oak are the hardest and heaviest. Cherry, birch, and maple are considered to be well suited to cabinets. Less expensive and more abundant woods, such as alder and poplar, work best with glazed finishes that are used to create an “antique” look. Pine is a soft wood that can be more prone to dents and scratches.

There are three types of cabinet door shapes: slab, recessed panel, and raised panel.

There are many cabinet design styles to choose from. Four of the most common cabinet design styles are: Traditional, Country, Vibrant, and Contemporary.

Kitchen Cabinet Construction

Kitchen cabinets are generally constructed using a combination of these types of woods, as well as particle board or plywood.

Some cabinet doors are made of solid wood, which is generally more expensive. Although solid wood and plywood kitchen cabinet doors are considered stronger and thicker, particle board is considered to be less likely to expand.

When selecting kitchen cabinets, it’s a good idea to start by defining your style. Will your kitchen design be more in the vein of a traditional look with raised panel doors and lots of ornate trim? Or will it be more of a rustic style with knotty pine and simpler details?

There are three main types of kitchen cabinets. These include, stock kitchen cabinets, semi-finished kitchen cabinets, and custom kitchen cabinets.

While custom cabinet doors are more expensive than what you can make yourself, the upside is that you can get exactly what you want with a very high level of craftsmanship. You can tailor cabinets to the exact specifications and needs of your kitchen.

There are also several styles of cabinet doors that can relate to one or two of the general design styles. The doors for a custom kitchen cabinet can be flat or frameless, raised, curved, simple, or carved.

Flexibility is key for Jeep in 2015

The Jeep Renegade will arrive in Australia in 2015, filling a gap at the bottom of the company’s range. It will enter a difficult market, competing with models from Ford, Skoda, Mitsubishi, Nissan and Suzuki.

That was said by Jeep CEO Mike Manly at the recent Detroit Auto Show. For traditionalists, that’s good news, as the Wrangler is one of the few truly iconic vehicles and possibly the most recognizable of all.

Changing it would cause problems that would affect the popularity of the Wrangler and Jeep as a whole. Let’s face it: Complaining about new models is a Jeep thing to do, but if the Wrangler were to stop being a “proper” wrangler (yes, TJ owners, the JK is a proper Wrangler!), The complaints would be deafening.

The rest of the Jeep range? Do you know how the new Cherokee differs from anything that has been around before? Expect more of that, because Manly said Jeep was going to be a lot more flexible with its shapes.

Pointing to Cherokee KJ, KK and KL as examples, he said Jeep had experimented with flowing lines, went boxy, and now with the KL, a completely different look, all to broaden its appeal.

He said the cars will remain recognizable as Jeeps, but the appearance will evolve. “You’ll start to see how flexible we can be,” he said.

Given how well jeeps have sold in the last year, you may be in for a winning formula, and you certainly have a bit more leeway to experiment.

Chrysler could be gearing up to offer just what you’re looking for: the Pentastar UpGrade (PUG), which will add a turbo to the Pentastar 3.6 and 3.2 engines. Not only are they putting in a turbo kit and calling it a day, but they are reworking the engines to add direct injection and variable valve timing as well.

The changes will bring higher production and lower fuel consumption to engines and help Chrysler meet its CAFE obligations.

The “new” 3.6 V6 may make its first appearance sooner rather than later, and is rumored to be installed in the 2016 Grand Cherokee, due out later this year.

We’ve been watching Jeep’s successful 2014 closely, and what a year it was!

A host of solid products, new and old, have propelled the company to its largest number of vehicles sold worldwide – 1,017,019 (692,348 of them were in the US). That beats the previous record year, 2013, by 39%.

Globally, the breakdown by vehicle was as follows: Grand Cherokee – 279,567, followed by Cherokee – 236,289, Wrangler – 234,579, Compass – 134,629 and Patriot – 122,387. The Renegade, although it officially went on sale in Europe in September and has reportedly done well, does not appear in the figures.

In Australia, Jeep has done particularly well, selling 30,408 vehicles (Chrysler sold 17,422 more). For Jeep, that’s an impressive 37% year-over-year increase, and the company even made it into the top ten for the first time in September when the Cherokee was launched. The Grand Cherokee made it into the top ten best-selling vehicles for the first time in May.

The Grand Cherokee remains a particularly good seller, with 16,582 sales, giving it 15.4% of the market in its size segment. This compares favorably with its supposedly more popular rivals in the size range: the Prado with 16,112 sales and 15% of the market, and the Kluger with 11,484 sales and 10.7% of the market.

For the sake of comparison, the Landcruiser sold 9,067 units and the Patrol 1,859.

Addiction Marketing

“Addiction marketing” is a phrase I coined a few years ago while waiting in line for my drink at Starbucks. He was observing the mass of people who, like lost explorers in the desert, running in search of an oasis, seemed desperate for their daily (if not more frequent) dose of caffeine. It was around this time that I realized that one of Starbucks’ key business drivers, if not its most critical business driver, was that Starbucks sells products that cater to people’s addictive tendencies. What Starbucks has done better than many other addictive marketers is that they also make it cool and trendy to succumb to their addiction. In today’s blog post, I’ll examine addiction as a key success factor in business.

When I was in school, economics professors lectured on using supply and demand drivers to create business advantage … business professors evangelized the strengths of recurring value and the stability of consumable products. Marketing professors would embrace the benefits of relationship marketing, but nowhere do I recall being able to sign up for a class on addictions. However, if you think about “addiction marketing,” you’ll quickly realize what the “media promoters” on Madison Avenue and the marketing and product development gurus in the business world have known for years. All people have their unique set of vulnerabilities that, if exploited creatively and effectively, will generate strong sales and powerful brands.

If you read the business news over the weekend, you may have noticed that the Indian government is trying to force Coca Cola and Pepsi to reveal the formulas of their popular drinks. One of the charges being held in the High Court of India is that Coca-Cola and Pepsi products are addictive and harmful to health … Hmmm … Examine the following representative list of successful companies and / or industries and Come to your own conclusions as to whether these companies or industries take advantage of the addictions of consumers around the world to generate their income:

Las Vegas – The motto “What happens in Vegas stays in Vegas” satisfies practically every possible addiction under the sun … Sin City lives up to its reputation.

Sticker Body Spray – Tag’s recent commercial campaign has taken the phrase “Sex Sells” to a whole new level … In this campaign, all a teenager has to do is spray themselves with the Tag product and they find themselves instantly being attacked by hordes of attractive young women … If you have a teenage son, it would be a safe bet that Tag is his favorite cologne.

The beer and alcohol industry – It will be difficult to find a beer or alcohol company that does not represent the consumption of your beverage as the key ingredient for a lifestyle of fast cars, beautiful women, successful races, etc.

The tobacco industry – The tobacco industry has been publicly criticized for selling products that take advantage of the addictive effects of nicotine and even with all the known health hazards that smokers face, in many cases the addictive nature of the product is greater than people’s ability to make a logical decision.

I don’t think anyone would dispute the examples noted in the list above as obviously taking advantage of addictive consumer tendencies. However, what about the more subtle side of the addiction business? Isn’t Starbucks using the same addictive business tactics as the industries mentioned above? What about companies in the luxury goods sector? Companies that sell high-end products and services cater to the elite attitudes of this segment, allowing consumers to make statements about their socioeconomic status based on the products they buy. Doesn’t this also address addictive tendencies?

Okay, now I’ll get a little closer to home … What about my company’s value proposition? We sell success … Is it not possible to consider success as an addiction? What about the social media industry? Are social media users and bloggers addicted to interaction, attention, etc.? What does the new media platform offer? While I could go on, I think my point has already been made … I am certainly not implying that all consumers are addicts, nor am I implying that all companies are “traffickers”, but I am pointing out that addiction marketing sells and that many companies use this as a strategic advantage. In fact, I think the evidence is clear that a company can create a strong strategic advantage in sustainability if it does not find ethical flaws in what I have called “addiction marketing.”

Bottom line is that I love traveling and watching movies and I don’t think that will make me an escapist … I have a predilection for Starbucks (venti caramel Frappacinos in particular) and I don’t think I’m caffeine addicted, I appreciate fine clothes and cars from quality and I don’t think that makes me a social elitist. However, I have also come to realize that my perceived addictive tendencies are clearly trying to be harnessed by creative and smart marketing and product development efforts. I leave you with the following questions for you to ponder:

What is the difference between pleasure and addiction?

Do you think “addiction marketing” is ethical?

Does your business engage in addictive marketing strategies and tactics?

And when was the last time you made a purchase based on your addiction?

Is it safe to have rats and a cat in the same house?

One question that I get asked a lot is whether it is possible for those who already have a cat to adopt rats as pets. There are a number of factors to consider before making this decision. While there are few people who say their cat poses no threat to their rodent friends and happily post photos of their cat and rat getting along, this is a very rare case and should not be treated as the norm.

I should point out at this stage that I live with my 2 pet rats, Pea and Mingles, my dog, Charlie, a Maltese x Shitzu and my cat, Dylan, a Ragdoll x Persian. All of my animals are rescued and they are all wonderful in different ways. However, despite his Ragdoll bloodline, Dylan definitely has the hunting instinct and would never let rats run out of the rat cage while he’s in the room. It is important to remember that even if you choose a gentle breed like a pure Ragdoll cat and have them from a kitten, you should never leave them out with your pet rats.

It is possible to keep rats as a pet if you have a cat, although you should weigh the pros and cons before adopting your new pets. Here are some things to consider:

1. Separation – You should be able to easily separate your cat and rats when you want to let the rats out. This could mean using a spare room as a ramshackle room. This is what I do. The free room is free from rat hazards like wires, sharp objects, and small things that they could choke on. It is also completely sealed. There are no small holes in the wall that rats can escape from. I try to spend an hour a day there with my rats. We can play together and I can train a little with them safely away from the mischievous claws and teeth of cats. I also have lots of fun tubes, boxes, and even a rat pool for them to explore. Cats are usually fine with this time outside and as long as they have enough space to roam and their food, water and litter tray (and in our case a dog companion) will be fine.

2. Security – You must be 100% sure that your rat cage is secure. Of course, you would need to do this anyway, because you don’t want your rats to run away and put themselves in danger. When we first adopted our two rats, Pea and Mingles, the old owners gave us their cage and it had a hole in it. It was a small hole and I blocked it with plastic boxes and duct tape, but I had the scare of my life when I found Pea running across the floor with Dylan the cat about to jump. Luckily I picked up Pea on time and the rats have moved into a 100% safe (and huge!) Cage, but don’t let your pets get into this situation. Rats are famous escape artists. You may think the space is too small for them to squeeze in, but they will surprise you. Make sure the rat cage is sturdy (cannot tip over) and that there are plenty of areas for rats to hide from prying eyes.

3. Common sense – You know your cat better than anyone, but even if you have the kindest cat in the world who seems to want to be friends with your rats, be very careful and never leave them together unsupervised. I can have my rats sit on my shoulder while Dylan is sitting next to me on the couch, but if he’s sitting on top of the couch, I’m very careful. Rat tails are irresistible to most cats.

If you have a cat and are willing to go the extra mile to ensure the safety of your rats, there is no reason why you shouldn’t keep rodent pets. However, make sure you have more than one rat. This is always best, as rats can keep each other company when in their rat cage. Even if you can spend a lot of time with your rat, when you’re out or sleeping, rats can snuggle, play together, and groom each other. It will make all the difference in their lives.

Rats can seem fearless at times, but if you have more than one cat, you may need to think about whether a rat is really a good pet for you and your family. Imagine how the rats will feel as all the cats investigate the cage and try to find ways to get inside.

If you have decided to adopt some rats, make sure you take responsibility for their well-being. If you have a child who has begged you for rats, they may learn some responsibility, but ultimately it is the adult who must look out for the welfare of the animals and make sure that cats are not a problem. It is also essential to ensure that your cats receive the same care as before, before new additions.

I hope this article helped you determine if keeping rats and cats together might work for your family.

Good luck!

Bacterial vaginosis diet: foods to eat and avoid with bacterial vaginosis

Bacterial vaginosis is a condition in which the natural environment of the vagina is disturbed as a result of the overgrowth of harmful bacteria that inhabit the vagina. Harmful bacteria multiply rapidly due to various reasons, notably poor hygiene and unhealthy eating habits. When these harmful bacteria multiply and outnumber the good or beneficial bacteria that also live in the vagina, this imbalance triggers the infection.

Some of the symptoms of this disease include grayish-white vaginal discharge that is more obvious after intercourse, a foul fishy smell from the vagina, vaginal itching, and difficulty or pain when urinating. The main cause of this infection is still unknown, but certain factors can increase the risk of this condition, and these include; excessive douching, having multiple sexual partners, having unprotected sex, using intrauterine devices for birth control and vaginal sprays.

Antibiotics are usually prescribed for the treatment of bacterial vaginosis. Conventional treatments using antibiotics can only provide temporary relief, as there is always the possibility that the disease will recur. This could lead you to take more doses of antibiotics that are harmful to the body, as they are likely to cause side effects.

If you are diagnosed with bacterial vaginosis or have any of its symptoms, the most important step toward treating it is modifying your diet. There are certain foods that can help you control the symptoms of bacterial vaginosis.

The following are some foods to eat and avoid to prevent and control your bacterial vaginosis infection:

Food to eat

You must follow a diet rich in fiber. Fresh fruits, vegetables, and whole grains are high in fiber, so eat them regularly. You should also include nutritional supplements like vitamin C in your regular diet to boost your immune system.

Drink lots of water every day. Drink at least 8-10 glasses of water every day. This is necessary so that you are hydrated at all times. Drinking plenty of water will remove all unnecessary fluids from the body and will also aid in the digestion of the extra sugar in the system. This will eliminate an important food source for bad bacteria in the vagina. Also, try to drink a lot of cranberry juice. It contains a high level of acid that inhibits the growth of harmful bacteria in the vagina.

Foods to Avoid

Eating some foods can increase the risk of contracting the disease or aggravate the symptoms of an existing infection. Stop eating foods that are high in glucose and sugar, such as white bread. This type of food is a source of nutrients for the bad bacteria in the vagina. Therefore, you should avoid them in your diet. Instead, opt for whole wheat bread that is lower in glucose and sugar.

Avoid salt or reduce excessive salt intake in your diet. Too much salt in the body can cause water retention and can also increase the risk of urinary tract infection.

Some advantages of bento lunch boxes

Now most of us reading this have grown up with the old classic lunch box that was metallic, and it probably has your favorite characters from TV shows. Including the thermos that our parents would put milk or some kind of juice in the box. The lunches were delicious, sometimes healthy, sometimes not so much. However, as children we did not care about that, of course. We just wanted to eat. However, as things have always changed, times have changed, and a more conventional and portable type of lunch box has entered the mainstream market. This is a concept and design of the famous Japanese bento box, and if you have children, once you see one of these lunch boxes, you will not want to use anything else.

Several advantages of bento lunch boxes over old metal ones are the safety factor. With metal you are dealing with rust and possible cuts when metal bends, and it always does sooner or later. We all know how our children treat their lunch boxes. Most bento food containers are made of a safe type of plastic. So it will be durable and seal against moisture. They also each come with separate containers that fit into their own slots within the box. This little food container also comes with its own cutlery set. This idea of ​​separating food into small containers helps you maintain portion control. All of which is very important for children to lead a healthy lifestyle and not overeat. Many of the bento containers also come with a small case to store the entire lunch box inside.

The advantages of bento lunch boxes are numerous for simply tossing a sandwich in a brown bag. Also, these can be used not only by children but also by adults. They are perfect for a lunch in the park or when traveling, either by train or by plane. Other benefits of bento lunch boxes are that they are dishwasher safe. Now show me a metal food box that you can put in your dishwasher. Another great thing is that many of these come with great laptop lunch ideas and recipes that fit perfectly in the bento lunch box. So if you’re looking for a better way to pack your kid’s lunch for them, or if it’s just to give you an easy lunch on the go, then the bento lunch box is the way to go.

Fundamentals of agency law

“Hello, my name is James … James Bond and I am … well … a Realtor.” In the Greater Vancouver area there have been a lot of famous real estate agents at one point, at least famous by name which is. In addition to James Bond and of course my own last name (‘Frascati’ is one of the famous wines of Italy besides the seventh hill of Rome), we have had Agents of the caliber of Omar Sharif, Vera Cruz, Charlie. F. Brown and a certain Giuseppe Mussolini (you could see him on the street because he invariably wore a black shirt and had that certain martial style … how would I say … goose step …). Not to mention Yuri Gagarin (no relation to the astronaut), Carl Marx, Richard (Dick) Nixon and, yes, Douglas MacArthur (tough guy to deal with …) with his newfound friend John Yamamoto, to name a few more. . . And, faithful to the oriental tradition that characterizes this neck of the woods, we have worn on several occasions a Ding Dong, a King Woo Kong as well as a Sing T. Sing, a Wu Win-chi Wu (which used the initials WWW) and two Ho Chi Minh’s. The longest name I have come across is Guillermo Oreporemotichovea (but his friends called him ‘Cy’ … no wonder) and the most memorable catchphrase ever adopted to my knowledge by a real estate agent belongs to an agent named Bob. Goodbye (now missing, possibly starving …) who used to run newspaper ads like “List with Bob Bye – The Guy with the Tie”. However, despite the variety of names and lifestyles, all Agents, especially in real estate, must abide by the axioms of the Agency Law when it comes to fulfilling their professional mandates.

An agent is a person who is authorized to act on behalf of another person. The person for whom you are acting is called your Principal. Because the Agent has the authority given to it by the Principal, it can create a legal relationship between the Principal and a third party. For example, a purchasing agent may order goods from a third party on behalf of its principal, provided that the purchase is made within the scope of the agent’s authority. In such a case, the principal must pay for the goods because he is effectively bound by the agent in a contract with the third party. The agent, on the other hand, is not a party to the contract.

The relationship between an agent and its principal is created by contract. Under the agency contract, the agent has the authority to do certain things in place of his principal. In exchange for the service provided by the agent to act on behalf of its principal, the principal country the agent a fee or commission. Agents are not employees. The distinction between an agent and an employee is the degree of control and the method of remuneration. A manager tells the agent what he wants and lets the agent achieve the result. An employer, on the other hand, tells the employee what to do and how to do it. In addition, the agent is usually paid through a commission that is paid only when it contributes the result. An employee, on the other hand, expects to be paid for the number of hours he works regardless of whether the result is achieved or not. Real estate agents are a particular type of agent. A real estate agent acts on behalf of his principal, almost always the Seller, but can also act on behalf of a Buyer and, in fact, can act on behalf of both the Seller and the Buyer at the same time subject to certain restrictions. The contract that spells out the terms and conditions of authority conferred by a seller to the real estate agent is called a Listing Agreement. With the buyer, the name changes to the Buyer’s Agency Agreement.

Depending on the wording of the contractual agreement between the principal and the agent, the authority to act vested in the agent falls into one or more of one of the following categories. The agent’s authority to act may be Fast, implicit,, by ratification,, usual, and apparent,.

Express authority

Express authority is the authority granted by the contract to the agent. The contract can be in writing or verbal. Real estate agents are generally given express authority under a Listing Agreement and here in British Columbia, all listing agreements that involve land or an interest in the land (such as a lease) must be in writing to be executable, in accordance with the Real Estate Services Law. . It should be understood that a listing agreement is not a contract to sell or convey an interest in the land but, rather, an agreement by and through which one party (the Agent) agrees to market an interest in the land and the other party ( the Principal) agrees to pay a commission upon completion.

Implied authority

Even when precise words are used in express authority, an agent may find himself in circumstances where the acts he wishes to perform are not covered by those words. Sometimes it is possible to imply authority from precise words. More specifically, an agent would have implied authority to carry out an act if the agent has no choice but to do so in order to comply with his express authority. For example, the authority of a real estate agent may only be to sell a certain parcel of land or a certain house for its principal. The agent may want to show the property to potential buyers during the owner’s absence. If the agent had no authority to do so, both he and potential buyers would be trespassers and therefore liable to the owner for damages. Because showing a property is necessary and incidental to effect a sale, the agent may imply the authority directly from his express authority, provided that nothing in the contract indicates otherwise.

Authority by ratification

Sometimes an authority can be created retroactively. For example, when an agent enters into a contract on behalf of his principal, but the contract is beyond the express authority of the agent, he may be given authority in the past. This is done by ratification. If the principal consents after the fact to be bound by the unauthorized acts of his agent, he has ratified the contract. The bottom line is therefore that the principal is bound by the contract as if the agent had been authorized to do so in the first place.

Usual authority

The usual authority arises when the principal hires an agent to act in a particular transaction and that transaction is governed by the “customs of the trade.” In such a case, the principal is deemed to have given his consent for the agent to act in accordance with such customs, provided that they are legal and reasonable and the principal has not indicated otherwise.

Apparent authority

Also, under certain circumstances, an agent may bind its principal to a third party even though the agent is not authorized to do so. This arises when a principal has acted in such a way as to induce third parties to believe that his agent has the authority to perform certain acts on his behalf. If the third party deals with the agent in the genuine belief that the agent has the authority represented, it is called apparent authority.

In general, anyone in their right mind can act as an agent, as the agent does not need to have the ability to outsource that the principal must have (see my article entitled ‘Basics of contract law’ for more information). As a result, a child agent (that is, an underage agent) can negotiate a binding contract between the principal and a third party. However, the child agent is party to the agency contract and therefore could use his own inability to hire and repudiate the agency contract with his own principal.

Luigi frascati

Is your cougar net empty? How to write a winning online profile

One of the problems with trying to connect with people online is getting their attention. There is a lot of competition and the cougars are selective. They know what they want, which also means they know what they don’t want. If older men are no longer inspiring, don’t follow in their footsteps. Cougars are looking for fun, excitement and someone who reflects that on their profile will get responses.

When I read the profiles here and on other dating sites, I start to feel like I’m seeing repetitive scenes from the movie Ground Hog Day; you know … the one with Bill Murray where every morning when he wakes up the day is exactly like the day before.

Each profile begins to look and sound the same. Everyone is confused with each other. I read. I click on the following. I read. I click on the following. If there’s nothing on the first line that catches me, I click DELETE and go to the next one.


People are busy. We only have a limited time to do so many things on any given day. If you’re unlucky with your online profile answers, take some helpful tips and do a profile makeover. What can you lose? Oh yeah … another lonely Saturday night …

Here we go:

1) Read a lot of profiles of both men and women.
See which ones get your attention and why. Take some notes. Take a close look at the first line. That’s your “signature” line that tells people why they should bother reading the rest of your profile. When you read the profiles of the women, you begin to understand what they are looking for and what kind of language they speak.

2) Don’t put yourself down.
Don’t say, “Well, it’s just me” or “Wow. I never know what to write about these things” or “Ask me if you want to know more.” It makes you look weak, lame, and like you have a lot of insecurity issues. It also makes you seem like you don’t know who you are. If you don’t know who you are, why should anyone be interested? If you are online, you are already in a public place. So don’t hide who you are and then wait for someone to “recognize” how special you are through magical telepathy and call you to find out more.

Instead, write something that plays on your personal strength. “A handsome young man with a penchant for making you lose control and take you to the dance floor is looking for a fun-loving, the protagonist of an everlasting relationship.”

Do you understand my drift? Shine! Shine! Excite us! Give us the wow factor!

3) Don’t make clichéd statements.
Don’t start your profile with “I am …” statements. “I am beautiful, sexy, compassionate, honest, intelligent …” yes, yes … everyone says that. Have you ever read a profile that said, “I’m a loser, a drug addict, an unemployed bum sleeping on my mother’s couch”?

Tell us something about yourself that makes you different from others. “One of my passions is animal rescue and this summer our group is hosting the Basset Hound Olympics to raise money for his veterinary care.” Wow, doesn’t that tell someone how compassionate you are and how much you love doing charity work? Be specific. Actions speak louder than words.

Avoid “I like to work hard and play hard” or “I feel as comfortable in a dress as I do in jeans and a T-shirt.” How many times do you see those statements? “I enjoy good food.” (Who doesn’t?) “I’m independent.” (And does that mean …?) And for God’s sake, aren’t we all sick of “I like to take long walks on the beach” and that nauseating term “with that special someone”? (Forgive me while I die.)

4) Be convincing
Take a stand. Express an opinion. In this way, you will see yourself defined as a person to someone and will attract people who share your views and interests. “My idea of ​​a great first date is to microwave crayons in the shapes of famous historical figures and then discuss socialism over a fine glass of port,” is more definitive than “I like to fool around and discuss the events of the day.” .

People like to meet people who know who they are. Show that you have something to contribute and that you can delay the end of the date or relationship.

5) Post a good, clear picture of yourself.
Smile. Don’t post a serious photo because you think it makes you look cool. It makes us wonder if he just got out of jail. Do not wear sunglasses. Don’t try to look or act cool. Look friendly, happy, approachable, and fun! Do not display gang signs or peace signs or turn the bird over. Leave your penis in your pants. We’ve seen them before and they aren’t all that and a bag of potato chips.

Post several photos, especially of you doing fun things that we might enjoy doing with you. Don’t put a picture of you and your ex. Do not put a photo with you and half of your ex has been cut out of the photo. Ladies, believe it or not, not all men like to see us with our dogs. * sigh * So include a photo of you and Bonster, but also add other photos. If a man doesn’t own a pet or loves his 23 cats, it will probably happen to you and fido.

6) Your username says a lot about who you are and what you are looking for.
If your username is “Young and Hung” or “Licking My Eyebrows” we know you are looking for booty calls and not a serious competitor for anything beyond a one night stand and you are probably expecting us to walk up to you and pick up. a pizza. in the path. We also know that you probably have a different girl every night, some illnesses are brewing, and an ax in the hall closet. REMOVE.

7) Be sincere and honest in what you are and what you are looking for.
Be honest about your age, weight, and height. Do not post photos older than a year or with brown hair if you just dyed it tomato red. When people see your photo and arrange to meet you, they expect to meet who they see in the photo. Anything else is misleading and disappointing. Don’t post a group photo. We cannot say who you are and we are not interested in meeting the group. We are interested in meeting you.

Don’t say you’re looking for a long-term relationship if you’re really looking for friends with benefits. One of the reasons I have so many options to choose from on profiles is so that people can really connect with people who are looking for the same things. If you’re married, separated, divorced, and a bit fragile and just want to test the waters, say so. “I just got out of a long-term situation and I just want to meet new people to have fun and chat and see how it goes for a while before I start thinking about something serious again.” People appreciate honesty and transparency. Show that you respect them and also show that you have a level of integrity with yourself.

8) Tell us who you are.
If you want to get someone’s attention, you need to put something on the hook before casting your line. No fish on earth will bite a clean hook. Few people will respond to a profile that has nothing or very little. Why should they when the next one they click on has a lot of information that they can read and connect to?

Talk about your hobbies and interests and convey your enthusiasm: “I like to skydive” is informative, but “There is nothing like nude skydiving to get your adrenaline pumping. There is something so exciting about plummeting 100 miles an hour. As Grandma follows me with her telescope that transcends spiritually, “it really gives us a clear idea of ​​her passion for it.

9) Tell us what you do professionally.
Why is this important? Because it helps us visualize you at work doing what you do during the day and helps us connect with that image and with you. In addition, it defines who you are and helps us determine if we want to connect with you. If you are a butcher and the woman reading your profile is a member of PETA and a staunch vegetarian, why waste time emailing and chatting and then meeting up if you know in your heart that this will never work?

You can say, “I’m a student,” or you can say, “I’m in my third year of college studying marine biology. You haven’t seen anything in life until you see two starfish mating. It’s the most life-affirming.” on earth. When I finish school, my goal is to have a catfish farm in a small town in the southern Delta and export catfish to Dubai. “

Wow. I’m so there …

10) Be open. Be nice. Be accessible. Be funny.
Be someone someone else would like to get to know better. And express who you are through writing. Profiles are written. Not all are good writers, but this is the medium in which you are selling yourself. It is a visual medium. If you don’t write well but can express yourself by speaking, upload a 60-second video telling everyone who you are and what you’re looking for. Keep the video short. Famed Canadian award-winning filmmaker Mack Sennet said never have a joke longer than 90 seconds. The audience loses interest.

Be respectful. Think about what you write before writing it. “I like women with big butts” is not in any way flattering to any woman, even if she has a big ass. Do not be rude. Raw is gross. Rude women.

A well thought out and prepared profile with good photos will catch your eye. If it is obvious that you did not spend time on your profile, whoever sees it assumes that you are just a gamer and that you are not seriously looking to meet anyone and will close it. If you don’t take the time to complete your profile, why should someone take the time to respond? Nobody wants to respond to a gap or a profile that says “I’ll tell you later.” That’s like saying, “I have a secret and if I think you are worthy enough, I will share it with you.” (Skeeving again.) NEXT.

Write complete sentences. If your language skills are not that great, ask someone to help you express yourself in writing. If you can’t communicate who you are and what you’re looking for, no one will be interested.

You have to remember that there are millions of profiles on many dating sites. You are competing with all other profiles online. You have to see yourself as a product and undertake an ad campaign to get results. If you had to do a commercial for yourself and you had to produce a 60 second ad, what would you say? What would your main line be? You need an attention-grabbing beginning, a thoughtful, informative, and exciting medium, and a “close” ending.

The goal is to get answers. When you receive responses, you can decide with whom you want to continue communicating.

The bottom line is: if you are NOT getting responses online, it’s because your profile sucks. Even a profile without a picture will get a response if it is well written and forces someone to want to know more. Your profile is your business card. It’s your ad. It is your presentation of yourself to the online community. If you say nothing, offer nothing, then you will get nothing. And nothing is exactly what you can expect.

The retirement community of The Villages, Florida

Right in the heart of Central Florida, a beautiful retirement community offers a lifestyle of nothing but sun and fun for retirees. With homes ranging from all budgets, The Villages is the Florida community you’ve waited your whole life to live in. With its own monetary system and golf cart lanes on each road, it is one of the fastest growing retirement communities in the country.

Modeled after Florida’s Spanish settlement history, The Villages’ Spanish Springs Town Square has daily happy hour gatherings with live bands, great food, and local vendors. Surrounded by restaurants like Katie Belle’s and Tierra Del Sol, as well as the Rialto Movie Theater and countless shops and boutiques, Spanish Springs Town Square is the busiest place in town. Daily festivals, parades, and organizational fundraisers invite residents and visitors to dance, sing, and shop every day.

Meeting the high standards of the Florida retirement community, the community boasts a prestigious golf course that offers rounds for beginners, executives, and even championships. Complete with a fantastic health and recreation program, The Villages offers participation in competitive sports such as polo, swimming, fishing, boating, golf, bowling, tennis, and many more. Because recreation and club memberships are extended to residents only, they are a great way to satisfy social interaction and build friendships with your peers.

There is no need to worry if you don’t meet other residents when moving into the community. An age requirement of 55 years ensures that all residents are surrounded by people of the same age, who share the same interests. With an organization for every personality type, including religious and worship groups, sports teams, musical theater clubs, arts and crafts gatherings, and even special interest clubs, you’re sure to find your niche in no time. You can examine the beautiful Florida sky at night with the astronomy club and then again during the day with the bird watching club. Learn about your family history at the Genealogy Club, showcase your lifelong collectibles at the Collectors Club, or even learn a new language at the Language Club. The excellent community clown club is a community favorite when they perform in various parades and entertain at local Florida schools.

Aeronautics and kite flying clubs draw crowds of spectators as residents show off their elegant flying skills and knowledge to young aspiring astronauts. The community’s competitive Irish step dance group offers regular shows and lessons for young people throughout the area. While the Girls Scouts of America organization has a very strong alumni association that organizes events and fundraisers with troops from all over Florida. However, if you are looking for a more spiritual involvement, the huge St. Timothy Catholic Church is an ideal place for religious involvement. Every Sunday, hundreds of residents and visitors from the surrounding communities come to hear the famous St. Timothy’s Choir.

No matter how you prefer to be involved during your retirement, the retirement community of The Villages, Florida has more than enough sun, fun, organizations and activities to keep you entertained and make friends as you enjoy the golden years.