Future of VA Services in India

Posted on December 10, 2008 | Filed Under Business Management

In today’s modern times, projects can be accomplished without even meeting the client. With the growing ease of the Internet, VA Services industry is flourishing in India and providing us with a new class of new class of skilled entrepreneurs – the Virtual Assistants who help you in making your work easy. Virtual Assistants provide you with following benefits:
• Increased productivity,
• More time for family, friends, hobbies and interest,
• Payment for time on your tasks only,
• Support for growing a business,
• Handling both business and personal tasks,
• No additional office space or equipment,
• No tension of payroll taxes, insurance, holiday or sick pay, overtime, or paid
vacations,
• Same virtual administrative assistant can be used even if you relocate.

Ramps Software Solutions Pvt. Ltd.

Established in 2006 Ramps Software Solutions specializes in VA Services and eBusiness optimization solutions for companies across the globe.

Web-based application services at Ramps Software Solutions include:

• Prototype development,
• Site architecture planning,
• Creative graphic design and photo imagery,
• E-Commerce solutions,
• Content management systems,
• Programming solutions using Microsoft technology,
• Multimedia production,
• SEO and site globalization services.

Ramps Software Solutions is a myriad of business services and provides VA Services virtually via phone and internet based technology. Our VA Services are a helping hand to a successful business.

VA Services at Ramps Software Solutions include:

• Administrative support,
• Data conversion,
• Online data entry,
• Writing blogs,
• Copyright articles & e-books,
• Web mining, and
• Internet research related jobs.

Ramps Software Solutions – A customer driven organization offers an innovative range of both development and support services under one umbrella. What makes Ramps Software Solutions unique is the creative approach in building applications, focus on quality and commitment to the customers. The corner stone of our success is Our Workforce. To invest in our staff and work environment in order to create a congenial environment that promotes creative thinking and intellectual interaction facilitating teamwork is our philosophy.
As a result, the highly motivated and trained professionals at Ramps Software Solutions put their hearts and souls into the projects they are involved in.
Benefits
Once you are with Ramps Software Solutions, you can say goodbye to impossible deadlines and administrative work overloads.
Ramps Software Solutions is the outsource solution for both short term and long term support services for small businesses, associations and entrepreneurs.
Ramps Software Solutions is committed to ensuring unparalleled satisfaction to all customers no matter big or small.
Associating yourself with Ramps Software Solutions will have following benefits:
• Increased efficiency and productivity,
• Projects done accurately and on time,
• Saving money on office space and equipment,
• Reduced responsibility of hiring staff.
The above benefits help you to present a more professional image to your clients.

Whether you’re looking for someone who can handle your general office needs on a continual basis, or someone for that special project, Ramps Software Solutions can be your stop.
For more information, visit http://www.rampssoftware.com

This post was submitted by Amit Sharma.

Tax Deferral or Tax Reduction – Cost Segregation

Posted on October 25, 2008 | Filed Under Business Management, Business and Management

Tax deferral is a key benefit of cost segregation; however, a popular misconception about cost segregation is it is just used for tax deferral, it does not reduce taxes. The tax deferral and tax reduction issue is misunderstood both by sophisticated real estate investors and tax professionals. The consequences of this incorrect information is unfortunate since numerous real estate investors forgo tax deductions, which would lead to material income tax deductions and tax deferral.

Cost segregation generates both income tax deferral and income tax reduction. Income tax deferral is effective since more depreciation is taken in the early years of real estate ownership. Income tax reduction is obtained since more income is taxed at the capital gains rate (15% maximum versus the ordinary income tax rate at 35%). The tax deferral delays the payment of taxes until a future date.

The mechanics of the tax deferral and tax reduction calculations are straight-forward but are not intuitive. Many accounting professionals believe the only benefit is tax deferral until they consider the mechanics or recognizing gain on sale. Tax deferral is not the only benfit to be realized.

The following example illustrates the mechanics of the recognition of gain on sale and the tax deferral and tax deduction benefits accruing from a cost segregation study.

John purchased apartment building five years ago. Cumulative depreciation during ownership was $600,000 based upon the results of a cost segregation study. Cumulative depreciation would have been $400,000 without the cost segregation study.

The cost segregation study identifies five, seven, and 15-year property in addition to 39-year property and land. John’s tax preparer discusses the condition of the five, seven, and 15-year property at the time of the sales. They agree the value of the short life property (five, seven, and 15-year) is the same as its depreciated cost basis. Hence, the tax rate for the additional $200,000 of depreciation is the capital gains rate.

During each year of ownership, John received an additional $40,000 of depreciation as a result of the cost segregation study. This additional depreciation reduced his federal income taxes by $14,000 per year ($40,000 X 35%) and by $70,000 over five years. Upon selling the property, the capital gains tax is increased by $30,000 ($200,000 X 15%). The net tax saving are $40,000 ($70,000 – $30,000).

Cost segregation provides both tax reduction and tax deferral.

Cost segregation produces tax deductions and reduces federal income taxes across the country and in every size market. Below are just a few examples of where cost segregation generates meaningful tax deductions.

City:

Orlando, FL
New York, NY
Houston, TX
San Francisco, CA
Los Angeles, CA
Boston, MA
Atlanta, GA
New Orleans, LA
Miami, FL
Bridgeport, CT
Portland, OR
Stockton, CA
Santa Rosa, CA
Little Rock, AR
Charlotte, NC
Palm Bay, FL
Austin, TX
Boise, ID
Durham, NC
Providence, RI
Baton Rouge, LA
Detroit, MI
Wichita, KS
Omaha, NE
San Jose, CA
Oxnard, CA
Greenville, SC
Lancaster, PA
Poughkeepsie, NY
Nashville, TN

Cost segregation produces tax deductions for virtually all property types.

Property Type:

Warehouse
Apartments
Motel
Discount store
Country club
Strip shopping center
Used car lot
Department store
Truck stop
Self-storage

Almost every industry, including the following, can generate cost-efficient tax deductions by using cost segregation.

Industry:

Warehousing and storage
Nondurable good wholesalers
Electronic and appliance stores
Fabricated metal products
Electrical component manufacturing
Textile product mills
Printing activities
Truck transportation
Automotive parts distributors
Chemical manufacturing

The appraisal division of O’Connor & Associates is a national provider of commercial property real estate appraisal services including cost segregation studies, due diligence, insurance valuations, commercial real estate appraisal, business personal property valuations, business purchase price allocations, single-family litigation support and business valuations.

http://www.brazoria-countyappraisaldistrict.com/

This post was submitted by Patrick O Connor.

How To Get More Out Of The Traffic You Already Have

Posted on September 25, 2008 | Filed Under Business Management, Online Marketing, Revenue Generation, Website Tips

By Jack Humphrey

Easy, fast conversion booster included at bottom of post…

Most people only want to hear what I have to say about getting them more traffic. Everything in my business is geared toward more, more, and more targeted traffic.

While I am sure there are a few readers out there who have completely studied, tested, split tested, and tracked their conversion results to a strong control conversion, most people fail pretty badly at this task. I’m talking about the optimization of your sales conversion and monetization strategy of your site to come up with the most income you can generate with the traffic you already get.
Read more

HyperQuality connects with $10M

Posted on September 23, 2008 | Filed Under Business Management

Ignition Partners Leads Financing in Contact Center Monitoring Leader; Rustic Canyon, Miramar, Divergent Invest for Second Time in 18 Months.

HyperQuality Inc. raised $10 million in a Series B round of financing led by Ignition Partners of Bellevue, Wash., to support growth of outsourced Call-Center monitoring services and take the Company to profitability by the end of this year.
Including first-round investors Miramar Venture Partners of Corona del Mar, Calif., Rustic Canyon Partners of Santa Monica, Calif., and Seattle-based Divergent Ventures LLC, the round brings total equity investment in the Four-year old Company to $15.5 Million.
The new capital will allow Seattle-based HyperQuality to boost capacity at its Haryana, India, fulfillment facility, which currently has 450 Employees, and to expand the Company’s U.S. Marketing efforts as it targets Fortune 1000 companies.
Read more

This post was submitted by Clifford Carlsen.

Customer Service: Reconnecting with Customers

Posted on September 22, 2008 | Filed Under Business Management

No one likes to be put on hold or to endure high pressure sales tactics. Even Business owners, who, after all, are also consumers, probably hate the “hard sell” that is common at many firms.
Yet Companies often don’t let this shared experience inform their own transactions with customers. This disconnection from the consumer’s perspective can make for bad service.
It doesn’t have to be this way, says Howard Lee, Founder of Hyperquality.com, a Seattle-based consulting firm that assists Company Call Centers in improving their Customer assistance quality. Lee, who has long studied the good and bad of Customer Service, maintains one of the biggest mistakes Customer-Service workers make is to assume what Customers will say before they say it. Erasing assumptions and actually listening to Customer sounds simple enough, but it can lead to clearer communication, says Lee, who has 23 years of experience in the field, with time as CEO of PhotoWorks and as a Senior Vice President of Disney Direct.

Another major problem for businesses is underestimating the cost of poor Customer Service.
Consumers who experience bad service can be deadly to a firm. Making the extra effort and expense to communicate with Customers, whether by telephone or some other means can make a major difference for a business.
But when things inevitably do go wrong, there are proven strategies for soothing the savage Customer beast. Lee stresses that a Company should acknowledge the problem immediately and asks, “How can we improve our service?” And, as difficult as it might be, it’s important to “say it with a smile,” whether the conversation is in person or over the phone.
Here are some examples of the local businesses that Lee cites as doing an excellent job with customer service. He categorizes their approach in three distinct styles:
• “Off-the-charts” service—The Herbfarm Restaurant in Woodinville is one example of a firm that goes above and beyond Customer expectations, with details that make Guests feel special: “They go out of their way to delight you with details,” Lee says. “They have your name on a plate. They make you feel like it’s all about you.”
• Familiar service—this style is employed by many neighborhood Coffee Shops by creating a cohesive ambiance that extends from décor to the baristas who know your order by Heart. Seeing a friendly face in a familiar environment day in and day out, says Lee, builds understanding between the Serviceperson and the consumer.
• Deep-knowledge service—Businesses that cultivate encyclopedic product knowledge among their employees can be as comforting as the “familiar service” style. Swansons Nursery and Sur La Table are two local companies, says Lee, that do this well. At Dunn Lumber recently, Lee encountered another example: “I walk in and said, ‘I need to shingle my garage.’ They asked questions [and] the next thing I knew, I walked out with everything I needed to do the job.”
As for companies with poor Customer Service, Lee, of course, won’t name names. But, as a general example, he points to Auto dealerships and the inevitable Customer discomfort they create. “It’s universal how poorly that process is managed,” he says. The root of the problem, Lee explains, comes from the pressure on the Salesperson from management, with a commission hanging in the balance. That structure shifts the experience away from buyers. “It isn’t the Salesperson’s personal process,” says Lee. “It should be about the Customer’s process.”
That, at least, is one thing both consumers and business owners can agree on.

This post was submitted by Howard Lee.

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