Archive for

Investing Your Own Commercial Real Estate

If you are planning to put up your own business, then there will be no other perfect place than the Florida. Florida is considered as the business capital of the United State. Now there are lots of Florida commercial real estate properties that are available to cater the needs of your business.

Of course you can never tell if you have the perfect commercial property unless you know the type of business that you want to put up. Keep in mind that there are lots of Florida commercial real estate properties that are available out in the city and for sure you will get confused of which one will be perfect to purchase if you do not have any plans yet.

And because there are lots of them that are available, it is important to narrow your search by knowing the different category of the different commercial real estate property. It will be helpful if you are going to have your plans ahead of time so that it will be a lot easier for you to determine what you need. There are different commercial properties that are available and for sure you will be able to pick one that will cater the needs of your business. But if you are making business, rental properties are the best properties that you can invest.

And because there are lots of people who are planning to put up their own business, the demand for the Florida commercial real estate continue to increase that is why prices also increases. Though prices may be expensive, you can be sure that there will be a high return on investment. There is no doubt that you will earn a lot because Florida is considered as the business capital of the country. Earning a lot is one of the goals of most businessmen and for sure putting up your own business in Florida will help you achieve your goal though commercial properties are expensive.

We all know that there are lots of people who flocked together in Florida to spend their vacation and because of this businesses in this city will surely hit the peak of success. Aside from those vacationers in the city, there are also foreigners who even decide to stay permanently in the city and spend the rest of their life. And because it is the business capital of the country, staying permanently while doing business is what most people will do in this city.

In order to avoid being confuse, you have to list down everything that your business needs so that you will be able to get the perfect Florida commercial real estate property that will cater your business needs.

Executive Bonuses – Another Reason to Start a Home Business

It’s good to know that rich corporate goons are protecting themselves and their bonuses.
Washington Mutual Inc. executives don’t have to worry about their 2008 cash bonuses taking a hit, regardless of the recent struggles in the housing market. WaMu lost $1.87 billion in the fourth quarter of 2007 alone, and executives anticipate that they will need an additional $8 billion to cover the expected losses for 2008. Sounds bad right? Sounds like the kind of losses that would hinder executive bonuses? Well, you’re just not being as creative as WaMu! It turns out that when it comes time to calculate executive bonuses and compensation; all the WaMu board has to do is EXCLUDE costs related to real estate foreclosures and mortgage defaults. It’s good to know that any upper level exec at WaMu will still be able to pay for that third vacation home or that yacht which they so desperately need.

In the meantime, those at the bottom of WaMu will surely be facing a “freeze” of some kind that keeps them earning as little as possible. I could be wrong. Maybe they’re going to be as generous with the lower ranks as they are with themselves, but it’s highly doubtful. After all, WaMu is a publicly traded company and it must account to it’s shareholders, which means it’s needs to be profitable or lose as little as possible (executive bonuses aside).

Also, Wamu announced last December that, at some point, approximately 3000 employees would be laid off. Hopefully, some of those 3000 will be the boneheaded executives that allowed their company to get into such a mess, but, again, that’s highly doubtful. Unfortunately, these types of situations usually cost those who are least responsible their jobs. I remember when the CEO of the investment company I worked for was fired. He walked away with some $60 million in stock options and cash. That seems like a pretty nice parting gift for someone who wasn’t doing his job as well as he should’ve been. Maybe I shouldn’t have quit my job after all. If I had known that a $300,000 bonus was coming my way if I just sat around waiting to get canned, I surely would’ve opted for that.

All sarcasm aside, I am actually glad that I quit my job. Now when I read about something like the WaMu bonuses, I know that although it still makes me angry it doesn’t affect me anymore. I own my own business and nothing I do is controlled by those who make too much and do too little. Everything I make, I earn. If I have a bad year, it hurts me… not those under me. I am truly happy to be done with the corporate world. The only way to get to the top is to be merciless and hurt others as you climb past them. Now, I am in control of my world and my success isn’t at the expense of others.