forexsystem.me
forexsystem.me |
- Forex Trades Lock Trading Trick | Hedging Trading Secret Way By Tani Forex in Urdu and Hindi
- How Trucking Technology Improves Fuel Economy
- Forex: Làm giàu từ Forex có dễ? | Yo News
- Free Small Business Budget Template
- 100% Win No Loss Forex Trading Trick | Special one time Trade LTC USD Tutorial by Tani Forex in Urdu
- The Difference Between Onboarding and Orientation
- ��COMO GANAR DINERO EN FOREX��SIN��DESPOSITAR//BONO//BROKERS��
- Guide to Merchant Accounts
- When to move from demo to live forex trading ?
- Directors and Officers Liability Insurance Explained
| Forex Trades Lock Trading Trick | Hedging Trading Secret Way By Tani Forex in Urdu and Hindi Posted: 03 Nov 2021 04:34 PM PDT
Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------  Your trade in loss? Don’t worries Just watch this video. Forex Hedge trading Strategy by Tani Forex in Urdu and Hindi. For more information must visit http://taniforex.com/  UP TO 70% OFF BUY 1 GET 1 FREE UP TO 70% OFF DressLily 9th Anniv Mega sale! Up to 25% off with code: DL9TH from 10th Aug to 18th Aug source Click to rate this post! [Total: 0 Average: 0]  | ||||||
| How Trucking Technology Improves Fuel Economy Posted: 03 Nov 2021 04:03 PM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ Whether you order an item on Amazon, buy produce at a grocery store or fill your car up at the gas station, you’re being impacted by trucking technology. For decades, the trucking and freight industries have been the backbone of American commerce and the national supply chain. As of 2018, 51 million tons of freight, valued at more than $51 billion, were transported on average per day throughout the United States. That tonnage is expected to increase 1.4% per year until 2045. On average, truckers drive about 500 miles per day, or roughly 125,000 miles per year in a 50-week working year. The trucking and transportation industries are vital parts of the U.S. economy, and advances in trucking technology have benefited both trucking companies and their customers. “In the world of commerce, people are expecting more every day,” said Garland Chow, associate professor of operations and logistics for the University of British Columbia’s Sauder School of Business. “All the improvements and adoption in fuel-saving technology [have], in some ways, allowed the trucking industry to respond to demand by their customers to lower the price.”
Editor’s note: Looking for a GPS fleet tracking solution for your business? Fill out the below questionnaire to have our vendor partners contact you with free information. Fuel-efficient trucks, improved dispatching and GPS tracking, as well as the electronic logging device (ELD) mandate, have all impacted the industry at the enterprise level. Fleets comprising thousands of trucks have always had the opportunity to improve their margins through technology and data, but now these fleet management tools have trickled down to smaller fleets as well.
How technology is impacting fuel efficiencyJoel Morrow, co-owner and driver at Ohio-based Ploger Transportation, uses an in-cab tool called PedalCoach, a fleet management technology that analyzes truck driver behavior and coaches drivers to use fuel more efficiently on their runs. “This is a drill-down thing focusing on efficiency,” Morrow said. Most companies “get all this data – they have a hard time figuring out what any of it means. And here we get to look at stuff in real time in the cab with the driver on the road [who] actually understands what’s happening.” PedalCoach accounts for factors like load, driver and precipitation, so drivers get accurate scores for their driving regardless of issues outside their control. Morrow said this can liberate the average truck driver from things like favoritism from dispatchers and skepticism at the shop about vehicle health. If your score says you’ve done your best, it’s hard for bosses or mechanics to challenge you. “I got a device in here that says I drove my truck to the very best of my ability,” Morrow said. Sometimes drivers have a problem with their truck that a mechanic cannot immediately find. Tools like PedalCoach can prove it’s not the driver’s fault that a truck isn’t running as well as it should. “See my score,” Morrow would say at the shop. “It’s 97% now. There’s something else wrong with the truck.” According to Morrow, this has always been a source of friction between the driver and the shop. “Now, I never have a problem, because my shop wants to look at the score and say, ‘Oh, he’s got a problem. Let’s go find it.'” Morrow said this is the most significant advantage of PedalCoach – that it levels the playing field among drivers. Trucks aren’t great on gas. The average semitractor-trailer truck gets around 6.5 mpg of diesel fuel. That means, on a large scale, improving fuel efficiency can mean big savings for freight companies. Vnomics’ True Fuel trucking technology also removes variables like precipitation, load, wind speed and elevation so that drivers can focus on making their run as fuel efficient as possible. Alan Farnsworth, CEO of Vnomics, said True Fuel provides auditory coaching to drivers. “A quiet cab means a fuel-efficient cab,” he said. True Fuel prioritizes real-time coaching with post-shift data so drivers can understand their current performance and plan for a better run the next day. “It’s a combination of game-day coaching plus looking at the films after the game and figuring out how you want to do better the next time out.” Vnomics provides manageable, actionable data so both drivers and fleet managers can better understand their fuel economy. For example, Vnomics can help fleet managers plot truck speed with fuel efficiency in mind. Farnsworth said that up to a certain speed – say, 58 or 60 mph – fuel burns at a steady rate. In some cases, when drivers go above a certain speed, the burn rate outweighs the perceived time saved by the drivers. This type of information can encourage drivers to slow down, help small companies save on fuel and ensure consistent delivery times. “Usually, the amount of time saved [by speeding] is dwarfed by the cost of the fuel that is wasted,” Farnsworth said. Tools like PedalCoach and True Fuel not only level the playing field among drivers, but they also provide companies with actionable data. Morrow said it’s easy for companies to drown in fleet data and that the simple insights often have the most impact.
Other ways trucking technology is transforming the industryFuel efficiency is far from the only concern that new trucking technology addresses. In fact, the trucks of tomorrow are here today. Autonomous vehiclesAutonomous trucks may sound like the future, but they’re already here. At least one truck driver in Florida reported encountering an autonomous truck on a major Florida highway earlier this year. In the future, people traveling on highways may see the occasional autonomous vehicle on their routes, as autonomous trucks are cost-efficient and generally less likely to crash. Plus, in the event of a driver shortage, an autonomous vehicle can make up for any potential disruptions to the supply chain. Electric trucksThe transportation industry has long relied on diesel fuel to power its trucks, but electric trucks are making an impression on trucking companies. Some leading industry figures predict that electric trucks will make up one-third of the total national trucking fleet within the next 15 years, presenting an eco-friendly alternative that will lessen the transportation industry’s environmental burden. GPS trackingWith GPS tracking tools, fleet managers can not only locate all their trucks, but also easily reroute their drivers as needed. GPS tracking technology can also check truck drivers’ behavior, explain any delivery delays, allow for better customer service and delivery tracking updates, and more easily compare the distance traveled to fuel used. These types of GPS tools allow for smarter business decisions by fleet managers, which can increase fuel efficiency and cut costs.
Camera systemsInstalling a camera system on a freight truck can help an individual truck driver more safely complete routes and indicate to fleet managers which habits they need to reinforce in their drivers. A camera system can also protect trucking companies from financial threats such as theft. Perhaps most importantly, a proper camera system for trucking purposes eliminates blind spots for the truck driver, potentially reducing accidents – thereby improving the safety of everyone on the road. Freight matchingRide-hailing services like Uber and Lyft changed the way people travel around their local cities and towns. Their business model has been applied to how truck drivers find and ship freight. Trucking companies sometimes have extra room in their semitrailer trucks, and frequently, after a long-haul ride, a trucker may return home with an empty trailer. Apps like Convoy allow truckers and trucking companies to consistently find available freight so that small businesses can get their products and materials moved efficiently. Because of this, freight companies can increase their bottom line. Better fleet softwareAs is the case with GPS fleet tracking and camera-based software, overall SaaS fleet programs allow freight companies and small businesses alike better track and manage fuel efficiency. Fuel usage metrics and driver efficiency scores are a baseline feature of many telematics solutions and software. This increased usage of data, and the findings that can accompany it, provide fleets with another tool in their arsenal to improve business operations. Tech adoption in fleet tracking driven by safety and efficiencyTechnology has always been a major factor in trucking, but with the ELD mandate, smaller fleets that might not have adopted solutions are starting to use trucking technology that cuts costs and increases driver safety. This opens the door for fuel economy tools like True Fuel. By coaching drivers and understanding basic fleet data, trucking companies can drive down fuel costs and make better decisions. Max Freedman contributed to the reporting and writing in this article. Some source interviews were conducted for a previous version of this article.
Source link Click to rate this post! [Total: 0 Average: 0]  | ||||||
| Forex: Làm giàu từ Forex có dễ? | Yo News Posted: 03 Nov 2021 03:33 PM PDT
Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ Forex, hiểu nôm na là giao dịch ngoại hối, là hoạt động trao đổi của 1 loại tiền tệ này với 1 loại tiền tệ khác để ăn chênh lệch tỷ giá. Tại Việt Nam, pháp luật đã quy định rất rõ, chỉ có các tổ chức tín dụng và các tổ chức khác được Ngân hàng Nhà nước cho phép mới được kinh doanh giao dịch ngoại hối. Thế nhưng, khoảng gần 1 năm trở lại đây, các nhà đầu tư cá nhân tham gia vào các sàn Forex đến từ nước ngoài đang có xu hướng nở rộ tại Việt Nam. Forex vốn là lĩnh vực chuyên sâu, chỉ dành cho những nhà đầu tư chuyên nghiệp tại các thị trường quốc tế. Nhưng những người tự nhận là môi giới của các sàn Forex tại Việt Nam lại luôn quảng cáo " Không cần phải có kiến thức tài chính, ai cũng có thể trở thành nhà đầu tư ngoại hối." ————————- Hãy bấm đăng ký theo dõi kênh để nhận thông tin bổ ích, thiết thực và cấp bách mà quý vị cần biết mỗi ngày. Yo News kính chúc quý vị luôn khoẻ mạnh, bình an © Bản quyền thuộc về VTC & YO NEWS . Vui lòng không đăng tải lại dưới bất kì hình thức nào. © Copyright by VTC & YO NEWS ☞ Do not Reup! #Forex #YoNews source Click to rate this post! [Total: 0 Average: 0]  | ||||||
| Free Small Business Budget Template Posted: 03 Nov 2021 03:02 PM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ Creating a budget for your business may seem like a daunting task, but it’s a vital step in your business’s development. In fact, you’ll probably need one as part of your business plan. A business budget can take multiple forms. At its most basic level, it is a document that shows how much money you have coming in and what you need to spend money on. It also shows how much money you will need to make to continue making a profit and satisfy your expenses. How do you create a startup business budget?If your business is new or still in the planning stages, creating a budget is tricky – even with a template – because you don’t have actual numbers to plug in. Still, it’s something you need for your business plan. This is especially important if you’re planning to apply for a small business loan to help you launch your business. Here are five steps to help you create a startup budget so you can start your business off on the right foot. 1. Set your budget goal.Your budget goal is the total amount you are willing to spend on your business. This helps you establish clear parameters for your budget from the beginning and keep your spending in check. To set your goal, consider the amount of money you currently have or can realistically obtain. How much makes sense for you to spend? Keep in mind that loans must be paid back, often with interest, and you must not deplete your personal savings. [Read related article: How to Decide Which Type of Business Loan Is Right for You] 2. Categorize your expenses.For this step, start by brainstorming all of your potential expenses on a budget worksheet. Begin with your startup costs, which are any one-time expenses related to starting your business. This could include things like a building (if you’re buying, not renting), computers and photography equipment. Be specific and write down the exact costs of every item you will need to purchase and any associated costs. For example, to build a website, you will need to pay for a designer, host, domain name, plugins, stock photos and security software. Next, categorize each item as “essential,” “nonessential” or “later.” Essential items, as the name suggests, are purchases that are crucial to getting your business off the ground, such as a business license. Nonessential items are things that will make your life easier but are not crucial to the operation of your business. This can be subjective, but try to look at your business as a whole and use your best judgment.
Later items are things that you can put off for at least six months and are not required for the function of your business, like a fresh coat of paint for your building. Add up your essential and nonessential items to get your estimated startup costs. 3. Estimate your losses.Your losses are how long you will go without turning a profit while accumulating overhead expenses. Losses are a result of a new business needing time to build a customer base, and your budget must reflect them. Start by calculating your estimated monthly overhead costs. These are things you will need to pay for more than once that are not tied to your business’s product or service, such as subcontractors, payroll, software subscriptions, website fees, rent and advertising fees. This will create your operating budget. Next, estimate how many months you will go without revenue. It can be difficult to forecast your income when starting out, so begin with the number you will need to hit to break even, and then use that number to come up with an educated guess. 4. Build in a safety net.Many small business owners exceed their budgets. It is easier to do than many think, given the unpredictable nature of starting a business. Build some financial padding into your budget to cover you in the event of unexpected costs. Think of this money like a vehicle’s airbags; they’re used only in a true emergency. To create your safety net, add 10% of each expense in your startup budget, and add 15% of your monthly operating costs. 5. Refine your budget.Now that you have some rough numbers to work with, it’s time to tighten them up to make your budget more actionable. Start by going through your nonessential startup items. Is there anything you can cut out or move to the “later” category? Can you reduce the cost of any items by, say, buying something secondhand or trading labor? Next, look at your overhead costs. Determine if any of them are unnecessary, at least while you’re starting out, and can be cut. You can also reevaluate your essential costs if you cannot get your budget to balance. Go through them with a trusted friend or colleague to determine if they are all truly essential to start your business.
What is a business budget template, and how do you choose one?The good news is that you don’t necessarily have to create a budget from scratch. There are a number of preexisting budget templates you can use. Budgets can be complicated, so you may want to download a template if this is your first time creating a business budget. A small business budgeting template is a handy tool that gives you a place to record all your numbers in an organized way, making your budget easy to read and update. As it can be complicated for first-time entrepreneurs to create a budget from scratch, it is nice to know there are a number of preexisting budget templates you can use. Even if you choose to create your own, it may be helpful to refer to templates or sample budgets to keep yourself on the right track.
What does a business budget template include?If you’ve never used a business budget template before, you may feel slightly confused. Our budget template comes with five tabs. To get started, rename the first tab with your business’s name. Once you do that, it will automatically fill in the other pages. Let’s look at a breakdown of each of the other four main tabs: Annual budgetThe annual budget tab looks at how much money your business brings in each year. Use this tab to input your company’s yearly revenue and expenses. You want to be as specific and detailed as possible because this information is used throughout the budget template. Monthly budgetThe monthly budget tab looks at your monthly expenses. You’ll notice that since you already filled out the annual budget tab, that information has been prorated, so you have monthly estimates for each of your yearly totals. Each month’s budget is weighted equally by default, but you can change this by updating the percentages in line 5. Just keep in mind that your percentages must add up to 100. Monthly actualsThe monthly actuals tab is used to track your actual expenses and revenue as they come in each month. This lets you see how much money your business is bringing in. OverviewFinally, the overview tab shows how your actual numbers compare to your budget. It gives an overview of your annual and monthly budgets. This information helps you to see where your business is doing well and to identify areas for improvement. To see your finances for a particular month, you can select that month from the dropdown list in line 4. Editor’s note: Looking for the right accounting software solution for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs. Why do you need a business budget template?A business budget template is vital to keep your expenses and financial goals up to date. A good template makes it easy for you to see how much money you have available, what you need to pay for and how much money you have left after covering your necessary expenses. It will show you if you can grow your business, give yourself or your employees raises, and purchase inventory and assets. If you don’t have sufficient money coming in, it will show you which bills you don’t have the funds to pay or if you are nearing bankruptcy. If you need to apply for loans or grants, the applications may ask you for a monthly or annual budget, as well as an income statement or balance sheet, to give the lender an idea of where your business stands financially and how you manage your money. For these reasons, it is in your best interest to have an up-to-date budget from the beginning. Kiely Kuligowski contributed to the writing and research in this article.
Source link Click to rate this post! [Total: 0 Average: 0]  | ||||||
| 100% Win No Loss Forex Trading Trick | Special one time Trade LTC USD Tutorial by Tani Forex in Urdu Posted: 03 Nov 2021 02:31 PM PDT
Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ Special Forex Trading Litecoin profitable way. 100% profit no loss forex very profitable and secret strategy by Tani Forex in Urdu and Hindi. For more information must visit http://taniforex.com/ UP TO 70% OFF BUY 1 GET 1 FREE UP TO 70% OFF DressLily 9th Anniv Mega sale! Up to 25% off with code: DL9TH from 10th Aug to 18th Aug source Click to rate this post! [Total: 0 Average: 0]  | ||||||
| The Difference Between Onboarding and Orientation Posted: 03 Nov 2021 02:00 PM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ Onboarding and orientation are two processes HR departments undertake after hiring an employee. They both provide the new employee with resources and familiarize them with the organization. Many people confuse onboarding and orientation, or use them interchangeably. However, they’re two different – and important – processes. What is onboarding?Onboarding is the process of introducing a new employee to your organization through a series of integrated tasks. These tasks allow employees to better understand their new roles and responsibilities within the company. Onboarding can happen over a few days; however, employees will usually continue the onboarding process for at least the first few months they’re employed. Onboarding initiatives may include completing new-hire paperwork, receiving on-the-job training, learning about company policies and reviewing the employee handbook. “It is important for leadership to send the message from the moment that new employees are brought on board that their success is the company’s success,” said Stephen Kohler, CEO and founder of Audira Labs. “This means that companies with remote employees need to work hard on finding opportunities to connect with their new colleagues both in the business and personal sense.”
What is orientation?Workplace orientation gives the employee a chance to learn where they’ll be working, what their work environment will be like and how to navigate their workspace. Additionally, they’ll be introduced to their new managers and colleagues. Orientations can be for individual employees, or departments may have several new hires go through the same process together. Orientation will likely also include a tour of the company’s facilities and a review of any perks, including parking, gym access and dining options. Employees are also given an overview of their role’s responsibilities and have the chance to ask an HR representative questions or meet their manager. Orientation can last anywhere from a few hours to a few days, depending on the company and the employee’s role. What’s the difference between onboarding and orientation?Orientation and onboarding may have similar purposes at first glance. However, the main difference between onboarding and orientation is that orientation is a shorter part of the overall onboarding process, which can take months to a year to complete. Orientation is a time to generally familiarize the new employee with the company’s vision and values. It also serves as a time for them to meet new colleagues and tour their workspace. On the other hand, onboarding has a series of events that provide more detail into things like job training, best practices and company policies. Onboarding basicsWhat are the benefits of onboarding?Here are the benefits of taking the time to onboard a new employee:
What does the onboarding process include?Over a certain period of time, the onboarding process will include the following tasks:
Orientation basicsWhat are the benefits of orientation?Here are the benefits of providing a proper new-employee orientation:
What does orientation include?An orientation will usually include the following initiatives:
Effective onboarding and orientation in the remote work eraWith more companies embracing a virtual hiring process, it’s crucial to ensure these processes are given the same dedication as in-person onboarding and orientation. A Paychex survey shows that managers find video recordings, group conferences and shared documents to be the most effective methods with new employees. Surveyed employees chose their preferences as Wiki links, group video calls and shared documents. [Read related article: How to Remotely Onboard New Employees During COVID-19] The majority of employees found greater satisfaction through in-person onboarding and training. The downsides of virtual processes included tech issues and difficulty engaging with the office culture. While these issues may be difficult to avoid, there are some upsides to remote onboarding. In fact, 46% of survey respondents enjoyed the ability to individually pace themselves, while 42% appreciated the flexibility.
Source link Click to rate this post! [Total: 0 Average: 0]  | ||||||
| ��COMO GANAR DINERO EN FOREX��SIN��DESPOSITAR//BONO//BROKERS�� Posted: 03 Nov 2021 01:30 PM PDT
Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ Traders en este video encontraran 6 brokers que brindan bono de bievenida a usuarios nuevos, se muestra la forma de registro que es facil y una buena oportunidad de operar para aquellas personas que no cuentan con el dinero para hacer trading con una CUENTA REAL.  El proposito de estos videos es poder brindar informacion sobre el TRADING a personas que estan iniciando en este mundo y asi poder hacer una comunidad
LINK DEL CANAL: LINK DE PAGINA DE FACEBOOK: LINK BROKER Robot Forex: https://roboforex.com/es/clients/promotions/welcome-program/ traders muchas gracias porla atencion prestada, espero que sea de gran ayuda para todos, y no olviden apoyar mi canal subscribiendose y compartiendo los videos para asi llegar a mas personas y cumplir un objetivo mas. ME PUEDEN AYUDAR CON DONACIONES SKRILL: cheoeddyjesm@gmail.com source Click to rate this post! [Total: 0 Average: 0]  | ||||||
| Posted: 03 Nov 2021 12:59 PM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------  Learn what a merchant account is, why your business might need one, and how to set it up. UP TO 70% OFF BUY 1 GET 1 FREE UP TO 70% OFF DressLily 9th Anniv Mega sale! Up to 25% off with code: DL9TH from 10th Aug to 18th Aug Source link Click to rate this post! [Total: 0 Average: 0]  | ||||||
| When to move from demo to live forex trading ? Posted: 03 Nov 2021 12:29 PM PDT
Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ When to move from demo to live forex trading ? It is often said that practice makes a man perfect, but never has it been said how much practice and what kind of practice will make the man perfect. How Long should you spend on a demo Account? How much time should be spent on demo accounts?: https://forexmonopoly.com/blog/how-much-time-should-be-spent-on-demo-accounts/ 00:00 – Introduction And the same thing goes with forex trading. But what time required in trading demo account ? Well, there is no perfect answer to it. that what time required in demo account. By the way, if you are new to this channel a like and a sub would be amazing. And try to spend time on demo account max to max. Whatever you will spend time on demo account is beneficial for you. How much time of practice will it take for a football player to play in professional games, or how much practice is enough for a musician to perform in front of an audience? There is no definite answer to such questions. then there is no answer for how much time required in demo account. Let us consider two traders ben and Patrick. Ben is intending to trade forex full time and does not have any other work commitments while Patrick has a job and wants to trade forex part-time. In case the trader is of the opinion that he can still improve in some aspects of trading, he can spend a bit more time on the demo account before trading live. Now spending too much or too little time has its adverse effects. So, when he shifts to a live account any new market conditions may cause him trouble. Now, let us suppose Patrick decided to spend 2-3 months on demo trading. Like, he won’t be witnessing any emotions as it’s just dummy cash he is trading for. I still remember in my early trading days I happen to demo trade for too long, and during that time I developed a habit of not using a stop loss. source Click to rate this post! [Total: 0 Average: 0]  | ||||||
| Directors and Officers Liability Insurance Explained Posted: 03 Nov 2021 11:58 AM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ When someone serves on the board of directors or as a company officer, they represent that organization. If it’s perceived that their actions have an adverse effect on the company, they’re vulnerable to lawsuits. Directors and officers (D&O) insurance covers fiduciary claims made against those who serve as directors or officers of the company, protecting their personal assets. Editor’s note: Looking for the right liability insurance for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs. What is D&O insurance?D&O insurance is a type of business insurance that pays for the costs of lawsuits that claim a director or officer breached their fiduciary responsibility while serving the company. Without a D&O insurance policy, directors and officers could be held personally liable for losses. The insurance policy can either pay legal fees directly or pay for the company’s defense of its directors and officers. D&O insurance is available for directors and officers of nonprofit and for-profit companies. It gives those serving on the board of directors the confidence to devote their time and energy to the organization without the fear of being held personally liable for damages. If they’re accused of misuse of funds or other fiduciary violations, the D&O policy kicks in.
Why do you need D&O insurance?Without a D&O policy, it would be hard to convince qualified executives and board members to become part of your company, because they’d have too much at risk. Stakeholders with a financial interest in seeing the company – and its board – succeed may also require a D&O policy to ensure the proper protections are in place. A D&O policy is critical because it protects people who represent the company through the board of directors or as company officers if they’re accused of financial mismanagement of company funds. Without a D&O policy, they could be sued personally. The D&O policy steps in and pays costs associated with any potential lawsuits. The D&O policy also protects directors and officers if the company declares bankruptcy. If bankruptcy proceedings seek financial restitution for those who are owed money – for example, a creditor who financed equipment purchases – the D&O policy protects the personal assets of those on the board.
Who needs D&O insurance?Some types of companies and organizations may benefit more from a D&O policy than others. Many nonprofit organizations have volunteer directors on their boards; these people would be taking on liability for no real benefit if the organization didn’t have a D&O policy. By getting D&O insurance, you demonstrate your desire to protect those who are helping to build the organization. When it comes to for-profit companies, including publicly traded companies, you’ll want to get a D&O policy to appease stakeholders. Often, startups or companies that fundraise fall under heavier scrutiny for the actions of their board of directors. Without this insurance policy in place, raising capital could be more difficult. For smaller companies, perhaps run by family members, there will be less scrutiny from stakeholders regarding the actions of those on the board. While less common among smaller businesses, if you have an active board making critical business decisions about operations or financial strategies that could raise concern among other stakeholders, you should consider a D&O policy.
What does D&O insurance cover?While the D&O policy is designed to protect directors and officers from personal financial loss in a claim, policies have different aspects that offer coverage in various situations. When you choose your business insurance provider, they’ll explain the three parts to a D&O insurance policy:
Often, a company and its board of directors will be named in the lawsuit. By naming all parties, including the company, those filing the lawsuit stand the best case of getting restitution from one or more of those named in the suit. What does the D&O policy pay?The D&O insurance policy will pay for the legal fees involved as well as any settlements or judgments obtained. It’s important to understand that the policy’s limits are an aggregate total, meaning the policy limit includes both legal fees and awards. Depending on how costly the litigation is, the D&O policy could quickly reduce claim limits. For example, if the D&O policy had an aggregate limit of $1 million and there were $300,000 in legal fees, there would be only $700,000 left to pay settlements. Duty to indemnify vs. duty to defendThere are two ways the D&O policy will approach legal defense. Either it will reimburse the costs of the defense, or it will pay them directly. While that doesn’t seem like it would really matter, there’s slightly more to it. When a policy is designed with a duty to indemnify, it allows the insured to choose their own counsel. This gives the insured the confidence that they are getting the best representation possible. However, if this is the case, the D&O policy will indemnify those costs based on what is deemed reasonable. This is where the frustration can occur: An insured’s idea of what is reasonable can be very different from the insurance company’s view. This may leave some costs not paid by the insurance company. When the policy is designed with the duty to defend, the insurance carrier directly pays the costs of the legal counsel. In this case, the insured doesn’t have a choice of counsel. While this mitigates any extra costs that might not be paid and often expedites the settlement process, an insured may feel they’re not getting the absolute best defense since they didn’t get to choose their legal counsel. What doesn’t D&O insurance cover?As with any insurance policy, there are limits to what a D&O insurance policy will cover and what it excludes. While it is designed to protect directors and officers from lawsuits over organizational mismanagement, there are parameters. A D&O policy will not protect directors and officers who sue each other. If there is an internal conflict, this falls outside the scope of the policy. And while covered lawsuits deal with mismanagement of financial assets, the policy will draw the line on fraudulent acts. If a final judgment is made against a director or officer that finds them guilty of fraud, the insurance company will not pay the claim. In that case, the defendant would have to pay all legal costs on their own. How much does D&O insurance cost?Many factors affect the price of a D&O insurance policy. The insurance carrier will consider things such as: Obviously, the bigger you are, the more risk you have and the more your policy will cost. Insurance carriers are looking for financially stable companies with a low incidence of lawsuits and claims. That’s where premiums remain the lowest, but that isn’t to say that D&O policy premiums are inexpensive. As a rule of thumb, you’ll pay approximately $5,000 per year in premiums for every $1 million in coverage. The more coverage you need, the costlier the policy gets. If you already have critical business insurance policies in place, such as employment practices liability insurance or professional liability insurance, check with your insurance provider about adding a D&O policy.
Source link Click to rate this post! [Total: 0 Average: 0]  |
Did you know?The ELD mandate has been in effect since 2019, so it’s in freight companies’ best interests to pair ELD logging with 
Tip: Using a 
FYI: An example of a nonessential item would be a 
Bottom Line: The end 
.
La negociación de divisas con apalancamiento conlleva un alto nivel de riesgo y podría no ser apropiada para todo tipo de inversores. El alto grado de apalancamiento del mercado puede jugar tanto a favor como en contra del inversor. Por ello, antes de operar debe considerar cuidadosamente sus objetivos de inversión, nivel de experiencia y tolerancia al riesgo. Recordamos que existe la posibilidad de perder una parte o toda la inversión inicial por lo que no debe invertir dinero que no pueda permitirse perder. Se debe tener conocimiento previo de todos los riesgos asociados a la negociación con divisas y, en caso de que se tenga alguna duda, buscar la ayuda de un asesor financiero independiente.
SALUDOS Y DIOS NOS BENDIGA 
| You are subscribed to email updates from Forex System. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
Comments