Pricing Websites For Sale :: Sell Websites Buy Websites

Pricing Websites For Sale Reprinted with permission of VotanWeb.com As a market leader in existing website sales, VontanWeb receives many questions about valuing websites. It always amazes me how some website owners come up with the value of a website being sold. No wonder many websites never sell. In many instances no consideration is given to the total picture. Will the available cash flow of the website be able to pay the debt of a loan to purchase the website? Will the website as priced be attractive to financing sources? I have seen many â€Å"professional website valuations† where the price just doesn’t make sense – and sellers wonder why buyers are not standing in line to purchase their website. Market Approach There is a solution that is grounded in the fundamentals of economics, and time tested in the marketplace, where the influences of supply and demand ultimately determine where a website belongs on the price scale. One economist explains this market approach by comparing a business to a machine which has the purpose of making money: The more money it makes, the more it is worth. This is why there is greater demand for very small and profitable websites with few hard assets, than there is for large, popular and high maintenance websites that generate a huge cash flow, but can’t make a living for its owner. Adjusted Net Income The first category of information needed is called adjusted net income, and is the total amount of cash produced by the â€Å"money machine.† Of course, this figure includes the website profits and the owner’s salary. It’s important to remember that the adjusted net income should also include all of the many cash-related benefits which are enjoyed by the website owners. Those benefits may include the use of a car owned by the website, the website-paid premiums for health, life and auto insurance, website paid memberships to country clubs and spas, travel and entertainment expenses that are actually vacation and taking the wife out to eat expenses. Don’t forget expenses for high speed internet and cable TV that are needed for the website but also provide entertainment for the whole family. There are many, many other hidden personal expenditures in any typical website business, subscriptions to magazines, gifts for your wife and girlfriend and similar †Å"business expense† categories. Interest expense should also be added to adjusted net income, along with accounting entries—such as depreciation and amortization—that can divert money to the owner’s pocket so that it never appears on the bottom line of the P & L.

New York Times Essay

The newspaper serves as the first draft of history and is the most important source of primary documents in which historians use in order to better gauge exactly what were the concerns and motivations of a specific age. In 1900, America was celebrating a new century although there was little to celebrate. The Boar War in South Africa was taking far too long and costing far too many money and lives in what was perceived to be an invincible British Empire. A massive explosion in West Virginia killed dozens of miners and in China, the Boxer Rebellion; a Chinese nationalistic movement in which all foreigners were sought after and either expelled from the country or killed, was causing international headaches for America and President McKinley. The December 24, 1900 issue of the New York Times, the most prestigious newspaper in the country, detailed many of the aforementioned events as well as the smaller stories which never did make the history books but were vitally important for those who were involved. As 1900 was coming to a close and moving into what would be the bloodiest century in human history, the readers of that day, saw a world with no shortage of pessimistic news and depressing facts about the state of their world. In the backdrop of the Christmas season, the concern of the people of New York, as detailed in this issue of the New York Times, were detailing the hatred and strife which much of the world, and especially New York City had, in the day before Christmas.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The most important international issue of this day was the Boar War.   America would remain neutral in this war but with British soldiers deep in the heart of South Africa and fighting a war, the details commanded a position on the front page. The headline in the top left corner of page 1, â€Å"Boars Take British town,† detailed the pursuits of the British army in relation to the Boar War, which was ending its second year with no sign of victory. The war would continue from 1899-1902 and cost more lives and money than would ever have been conceived and historians marked this as the beginning of the end of the British Empire.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There were other important issues of the day. One issue which the people of New York were talking about that day was the firing of District Attorney Garnier by then governor Theodore Roosevelt. This story was seen on page 1 of the Times as well as a detailed editorial on page 6 of the paper. Theodore Roosevelt was seen as a free thinking Progressive Reformer who had no use for patronage, nor public opinion dictating his actions. He was one of the most unique Presidents this country ever had served in the White House. These aspects came through when Governor Roosevelt, under the idea that Garnier: â€Å"that he did not acknowledge the telegram of the governor directing attention to these officers†¦ and allowed his assets to interfere with the prompt trial of election cases.†[1] In other words, Garnier’s association with Tammany, the political force of the Democratic Party in which graft and patronage ran rampant, could not be separated from the demands of this office. In the election of 1900, it was asserted that Garnier had done little or nothing to stop the election tampering which the Republicans asserted had occurred. Governor Roosevelt believed this to be the case and promptly fired Garnier.   The New York Times, in their editorial, criticized this move, through the professed to be no friend of Garnier. â€Å"We think that the people’s rights and not Garnier’s are infringed by the action of Governor Roosevelt and are forced to condemn that action as a blunder in the nature of a crime.†[2] Tammany, since the days of Boss William Tweed, had been under a suspicion of grafting politicians and Roosevelt, always the reformer, sought to free New York City from the patronage which he felt was choking the lifeblood from the city. Tammany had been a source of patronage for decades and it sometimes served as the only source of employment for immigrants who were being ignored by the establishment. However, Tammany always ran under a cloud of suspicion for corruption and the reform candidates of that age, sought to starve Tammany of patronage. It is also interesting to note that since Governor Roosevelt was causing so much trouble, for both the Democrats as well as the Republicans, that he was placed on the Republican ticket as President McKinley’s Vice President in 1900 only a few months earlier as a way to silence him. Little did they know that the assassination of President McKinley in September 1901, propel Roosevelt onto the world political stage for the next 7  ½ years.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The newspaper also details the stories which never did make the history books. There are many one or two paragraph stories which served as life changing for those involved but which were quickly forgotten in a day or two by the rest of the public. One such story is of five year old Marie Horen who went into convulsions when she drank a bottle of whiskey as she copied what she had seen her father doing. She was rushed to the J. Hood Wright Hospital where her condition was deemed serious. Another story involves nine year old Nathan Roth who was shot in the head by one who the paper deemed crazy. He was shot in the head and the bullet exited the right eye of the boy. The boy was pronounced dead and the defendant, John Galletus, a father of three and one who had attempted to shoot others, was captured and sent away.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Another negative aspect of this day in New York History was the number of fires that were reported. There was listed, sixteen fires that had occurred. One of these fires ripped through a tenement in which it was reported that there presumed to be, a number of victims but as the records of those living in these tenements were sketchy at best, it seems as though the exact count will never be known. It has been suspected that a number of these fires, especially the ones in which barns were being set ablaze, was suspected of being done by a group of sixteen years from the many notorious gangs which New York City housed.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   It was also reported that Andrew Carnegie, the steel magnate, one who had originated from Scotland and had made his fortunes in steel, donated $20,000 for the assembly of a new library at the all black Tuskegee School in which Booker T. Washington founded and led. During these last years of his life, Carnegie sought o give away millions of dollars in the construction of libraries all across the country; from the large cities in America, to the small towns. He had earned his money through the ruthless exploitation of capitalism and now sought to right his wrongs and become a philanthropist and give money to support a new school at Tuskegee. This occurred at a time when only four years later, calls of treason arose from the South when President Roosevelt invited Booker T. Washington, a leader in the African American community to lunch in order to discuss the issues of the day concerning African Americans. It was reported that the entire building would be built from the hard work of the students themselves; a practice which had been adhered to when the school was first built. This speaks to the social culture of the day and is in contrast to the arrest of Ed. Johnson, a â€Å"dark† man who was suspected of kidnapping a woman. The story states, on page 1, that Mr. Johnson had been identified by a child witness as not having been the suspect but which did little to dissuade the authorities to immediately free Mr. Johnson.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Since this issue was dated Christmas Eve, there is also a religious aspect to this day as millions of Christians in the city were set to celebrate the birth of Jesus. This aspect of loving one’s neighbor which is seen more often around Christmas time than any other, was seen in a large advertisement which detailed the Salvation Army’s feeding of the poor as well as the performance of a passion play. These plays were designed to detail the last hours of Jesus before he was hung on the cross. These plays have served as a popular and touching aspect of the Christmas Season but which have become more popular during the Easter season. In this spirit of alms giving, the New York Protestant Episcopal Society was also feeding Christmas dinner to the poor. However, with New York City containing a large Jewish population, it was stated by the prominent rabbis of the city, that the Jewish people can enjoy this Christmas season, the joy and fulfillment which their fellow New Yorkers are experiencing this Christmas season but that Jews should be careful not to blend their appreciation for the enjoyment of others, with their own sense of faith, which it was stated, â€Å"has fundamental and final differences between Judaism and Christianity.†[3]   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   1900 was an important and event-packed year. Reading the newspapers, specifically the New York Times, serves as a reminder that ever day, there occurs events, large and small, important and socially irrelevant, that occur every day and which are important to the people it affects. In a city as large as New York City, there still occurs individual interest stories like the death of nine year old Nathan Roth or the case of five year old Maggie Enloin who went into convulsions after drinking a bottle of whiskey after seeing her father do the same. These stories occur every day, in every part of the country, as well as the world. Many times, they are not reported but in this day, December 24, 1900, the editors of The New York Times, felt that the tragic death of a nine year old to street violence, or the burnings of tenements on the Lower East Side, as well as the involvements of the Boxer Rebellion, the Boar War or the issues of patronage and corruption within the Tammany machine, all fell under the definition: â€Å"All the news that is fit to print.† This day in American History as well as New York History, saw a wide array of human interest stories, coupled with heavy issues and the larger questions of: â€Å"What role will political patronage serve in the city and how much damage can Governor Roosevelt make before he assumes the Vice Presidency? Are the problems of the tenements to only being reported or sill any actions are made to help the poor and to help them rise above their circumstance? Can the deaths of innocent children be reconciled in a city who believes that it is on the cutting edge of the country’s reforms? Also, to what degree, if any, will America get involved in the issues overseas such as the Boar War and the Boxer Rebellion and how their outcomes will affect America’s relations with these countries. The December 24, 1900 issue of the New York Times, had contained within its twelve pages, a wide array of stories from all walks of life and on all levels of importance. Many of the above mentioned people are to be remembered, when they are remembered at all, in the pages of the newspaper: the first draft of history. WORKS CITED The New York Times.   December 24, 1900 (Twelve Pages) [1] Governor Roosevelt’s Error The New York Times.   December 24, 1900 pg. 6 [2] Governor Roosevelt’s Error. The New York Times.   December 24, 1900 pg. 6 [3] The New York Times.   December 24, 1900

Enron Collapse

What are the main reasons that Enron collapsed? I think the reasons for the collapse are three fold. Firstly Enron’s accounting practices(mark to market accounting- companies estimate how much revenue a deal is going to bring in and state that number in their earnings the moment the contract is signed) Its managements goal was to maintain the appearance of value by always having rising stock prices rather than focus on creating real value for the company.Secondly its reliance on Special Purpose Entities to constantly raise capital without increasing its indebtedness. It allowed losses to be kept off the books while assets to be stated. Enron had its own executives manage these partnerships and would make the deals work by guaranteeing that if whatever they had to sell off declined in value, enron would make up the difference in its own stock. So basically it was selling part of itself to itself.It was these financial bolications to the SPE’s that ended up triggering the collapse. Thirdly its lack of a truly independent auditor to stand up to Enron ultimately caused its downfall. 2. Do you think Enron could have survived? I think if the company had acted internally when Sharon Watkins reported suspicious accounting, and dealt with it internally , Im sure the share prices would have dropped upon reporting of the actual financials but maybe the company could have avoided bankruptcy. 3.Crisis Management Consultant of Arthur Anderson, what would your advice be to the CEO? I think I would have admitted the absurdity of performing both auditing and consulting functions I maybe would have focused on the hiring of of Arthur anderson employees as enron employees, who then managed the affairs of their old colleagues. Ethical lines got blurred. Then use this platform to lead the industry to reforms and act oversear of how to avoid their mistakes and breakdowns of communication within their corporation.

Hindenburg - A Giant and Luxurious Zeppelin

Hindenburg - A Giant and Luxurious Zeppelin In 1936, the Zeppelin Company, with the financial aid of Nazi Germany, built the Hindenburg (the LZ 129), the largest airship ever made. Named after the late German president, Paul von Hindenburg, the Hindenburg stretched 804-feet-long and was 135-feet-tall at its widest point. That made the Hindenburg just 78-feet shorter than the Titanic and four times larger than the Good Year blimps. The Design of the Hindenburg The Hindenburg was a rigid airship definitely in the Zeppelin design. It had a gas capacity of 7,062,100 cubic feet and was powered by four 1,100-horsepower diesel engines. Although it had been built for helium (a less flammable gas than hydrogen), the United States had refused to export helium to Germany (for fear of other countries building military airships). Thus, the Hindenburg was filled with hydrogen in its 16 gas cells. External Design on the Hindenburg On the outside of the Hindenburg, two large, black swastikas on a white circle surrounded by a red rectangle (the Nazi emblem) were emblazoned on two tail fins. Also on the outside of the Hindenburg was D-LZ129 painted in black and the airships name, Hindenburg painted in scarlet, Gothic script. For its appearance at the 1936 Olympic Games in Berlin in August, the Olympic rings were painted on the side of the Hindenburg. Luxury Accommodations Inside the Hindenburg The inside of the Hindenburg surpassed all other airships in luxury. Though most of the airships interior consisted of gas cells, there were two decks (just aft of the control gondola) for the passengers and crew. These decks spanned the width (but not the length) of the Hindenburg. Deck A (the top deck) offered a promenade and a lounge on each side of the airship which was nearly walled with windows (which opened), allowing passengers to watch the scenery throughout their trip. In each of these rooms, passengers could sit on chairs made of aluminum. The lounge even featured a baby grand piano that was made of aluminum and covered in yellow pigskin, weighing only 377 pounds.Between the promenade and the lounge were the passenger cabins. Each cabin had two berths and a washbasin, similar in design to a sleeping room on a train. But in order to keep weight to a minimum, the passenger cabins were separated by only a single layer of foam covered by fabric. Toilets, urinals, and one shower could be found downstairs, on Deck B. Deck B (the lower deck) also contained the kitchen and the crews mess. Plus, Deck B offered the amazing amenity of a smoking room. Considering that hydrogen gas was extremely flammable, the smoking room was a novelty in air travel. Connected to the rest of the ship through an airlock door, the room was specially insulated to keep hydrogen gasses from leaking into the room. Passengers were able to lounge in the smoking room day or night and freely smoke (lighting from the only lighter allowed on the craft, which was built into the room). The Hindenburgs First Flight The Hindenburg, a giant in size and grandeur, first emerged from its shed in Friedrichshafen, Germany on March 4, 1936. After only a few test flights, the Hindenburg was ordered by the Nazi propaganda minister, Dr. Joseph Goebbels, to accompany the Graf Zeppelin over every German city with a population over 100,000 to drop Nazi campaign pamphlets and to blare patriotic music from loudspeakers. The Hindenburgs first real trip was as a symbol of the Nazi regime. On May 6, 1936, the Hindenburg initiated its first scheduled transatlantic flight from Europe to the United States. Although passengers had flown on airships for 27 years by the time the Hindenburg was completed, the Hindenburg was destined to have a pronounced affect on passenger flight in lighter-than-air crafts when the Hindenburg exploded on May 6, 1937.

20 Brilliant Winston Churchill Quotations

20 Brilliant Winston Churchill Quotations Listed below are twenty Winston Churchill quotations that we found amusing and insightful. After you get over the initial abruptness of these quotations, you will begin to see a deep underlying meaning. Strength Today we may say aloud before an awe-struck world: We are still masters of our fate. We are still captain of our souls. Never give in- never, never, never, never, in nothing great or small, large or petty, never give in except to convictions of honour and good sense. Never yield to force; never yield to the apparently overwhelming might of the enemy. Courage is the first of human qualities because it is the quality which guarantees all others. There is nothing more exhilarating than to be shot at without result. Truth There are a lot of lies going around... and half of them are true. In wartime, truth is so precious that she should always be attended by a bodyguard of lies. A lie gets halfway around the world before the truth has a chance to get its pants on. Truth is incontrovertible, ignorance can deride it, panic may resent it, malice may destroy it, but there it is. Humor I like pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals. Golf is a game whose aim is to hit a very small ball into an even smaller hole, with weapons singularly ill-designed for the purpose. This report, by its very length, defends itself against the risk of being read. We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle. The best argument against democracy is a five-minute conversation with the average voter. We are all worms. But I believe that I am a glow-worm. Leadership However beautiful the strategy, you should occasionally look at the results. When I am abroad I always make it a rule never to criticize or attack the Government of my country. I make up for lost time when I am at home. The price of greatness is responsibility. If you go on with this nuclear arms race, all you are going to do is make the rubble bounce. Those who can win a war well can rarely make a good peace and those who could make a good peace would never have won the war.

Theory and Knowledge Development in Nursing Essay - 4

Theory and Knowledge Development in Nursing - Essay Example Metaparadigm of nursing involves its global concept, global propositions in accordance with the concepts and such propositions as those that define a relationship between concepts. Such concepts are such as pain and blood pressure that aid communication between a nurse and the patient. The metaparadigm of nursing was established in 1970 and demands that its scope revolve around, health, environment, person and nursing. Metaparadigm internationally emphasizes professionalism in nursing as a field. It defines the peculiarity of nursing among other sciences for the sake of the public. They also define broad interests of nursing and provide perimeters for nursing. In intensive care unit for example some of the concepts that are spread to become conventional involve caring as a primary aspect and value of nursing. Further, nurses in critical care, nurse educators a home nurse can be described as being metaparadigm. As a critical nurse, I share the same aspects of environment with the home nurses and nurse educators. The most important is especially the patient around who I center my attention and his health (Pavev, 1953). We create the same environments for such patients and provide them with similar nursing values like care around the world. In this context therefore, conventionalism of the concepts we use define the profession in an international setting common ground for nursing universally. Nursing revolves around certain truths and basic values that define its profession. It is also based on ethical principles that enhance its acceptability as legalistic and useful in its specialty to deliver reliable promise to service. Nursing is based on such philosophy as builds faith in persons and gives them hope while acknowledging technicalities in process of delivery such services. It communicates with the persons in public to inform them of virtues and truths that are incorporated when

In what ways are an organisations employment relations influenced by Essay

In what ways are an organisations employment relations influenced by external factors Use a PESTLE analysis supported by illustrative examples to substantiate your answer - Essay Example These components can combine together that they can substantially create strong influence on the existing employment relations in the corporate world. In order to understand further this issue, there is a need to cover important information about employment relationship management and other related aspects. It is by understanding this that the basic factors influencing employment relationships can be substantiated. Blyton and Turnbull (2004) argued that employee relations, personnel management and human resource management are different areas of studies as far as collective aspects of employment relationship is concerned. Under employee relations, personnel and human resource management, the focus is highly emphasised on individual and employment relationship (Blyton and Turnbull, 2004). However, if this has to be closely observed, the details about employee relations, personnel management and human resource management require basic understanding about individuals. Since this concern about individuals and the organisation, the existence of relationship between these two essential components of the business is a central focus as far as understanding employment relations is concerned. There are different attachments that characterise employment relationship such as employee commitment to organisation’s values and acknowledgement of both instrumental and calculative motives (Leat, 2007). The close tie that exists between the employer and employees is at some point can be attributed to given commitment by the two parties. It is important to understand in detail how this commitment comes into maturity in the business world. According to Daniels (2006), organisation and its employees should together have one common understanding of their corporate goals and such can be enhanced further by employees’ success or failures and their existing relationship. In