Master of Business Administration (MBA): Fast Track Degree Overview #fast #mba, #master #of #business #administration


Master of Business Administration (MBA): Fast Track Degree Overview

Essential Information

A fast-track MBA program might offer on-site classes on a weekly or monthly schedule. It is designed for working professionals with undergraduate education who are seeking advanced education in order to enhance their careers. These programs usually take 21 to 24 months to complete.

This fast-track degree program could also refer to a dual-degree program that allows a student to earn an undergraduate and graduate business degree in a shorter amount of time than usual. When offered as a dual-degree option, a fast-track Bachelor of Business Administration (BBA)-MBA program often requires only one year of study beyond the bachelor’s degree level. These programs commonly include concentration options through elective courses and could offer internship opportunities. Courses may be offered in the evenings and are usually combined with distance learning components.

Find schools that offer these popular programs

  • Accounting and Bookkeeping
  • Business Economics
  • Business Finance
  • Business Management and Operations
  • Business Marketing
  • Business Support and Administrative Services
  • Entrepreneurship and Small Business Development
  • Hospitality Management
  • Human Resource Management
  • Information System Management
  • International Business
  • Sales and Merchandising
  • Specialized Sales

Master of Business Administration Degree: Fast Track

An applicant to a fast-track MBA program for working professionals must typically have sufficient relevant work experience as well as a bachelor’s degree from an accredited university. For an individual applying to a combined BBA-MBA fast-track program, a high school diploma or the GED equivalent is typically required to enroll at the undergraduate level. Fast-track MBA courses are generally identical to traditional Master of Business Administration courses. Courses focus on management, finance, economics and business strategy. Specific classes might include:

  • Business law
  • Finance
  • Human resource management
  • Accounting
  • Management and organization
  • Microeconomics

Popular Career Options

An MBA program prepares graduates to take on leadership and management roles in a number of industries and professional settings. Some career options for business professionals could exist in various fields, including:

  • Accounting
  • Financial management
  • Banking
  • Production management

Reports on employment growth from the U.S. Bureau of Labor Statistics (BLS) show that during the 2014-2024 decade, accountants and auditors are projected to see an 11% increase in jobs, financial managers a 7% increase, and industrial production managers a 4% decline in job opportunities ( ). Wage information supplied by the BLS indicates that as of May 2015, the median annual salary for accountants and auditors was $67,190, industrial production managers $93,940 and financial managers $117,990.

Continuing Education Information

A Ph.D. in Business Administration is a terminal degree for this field. These programs often allow students to focus on specific issues within business disciplines, like accounting, operations management or human resource management. Ph.D. students are often expected to engage in graduate teaching assistantships while they work toward completion of their dissertation. Unlike MBA programs, which prepare graduates for management positions in the professional world, doctoral programs typically prepare graduates for work in research and academia.

If you want to earn an MBA at an accelerated pace while still getting the same advanced business training, a fast-track MBA program may be right for you.

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Sports Medicine – Athletic Trainer: Career Education Overview #sports #medicine, #athletic #trainer: #career #education #overview


Sports Medicine – Athletic Trainer: Career Education Overview

Find schools that offer these popular programs

  • Athletic Trainer
  • Cardiovascular Technologies
  • Electrocardiograph Tech. – ECG, EKG
  • Electroencephalographic Tech. – EEG, END
  • EMT and Paramedic
  • Genetic Therapy
  • Industrial Radiologic Technology
  • Medical Radiologic Therapist
  • Nuclear Medical Technologist
  • Perfusionist
  • Physician Assistant
  • Radiation Protection Technology
  • Radiological Science and Technologies
  • Respiratory Care Therapy
  • Surgical Technologies
  • Ultrasound and Sonography Technologies

Career Education Overview

To become an athletic trainer who works in sports medicine, students need to earn a minimum of a bachelor’s degree. Any prospective program needs to be accredited through the Commission on Accreditation of Athletic Training Education (CAATE). Students in a bachelor’s degree program related to athletic training will take courses in anatomy, physiology and kinesiology. In addition to classroom work, students will also complete clinical experience education.

According to the National Athletic Trainers’ Association, nearly 70% of all athletic trainers have completed at least a master’s degree. Completing a master’s degree in athletic training can assist students who hope to gain employment directly after graduation. These degree programs can be completed in two years time, and students will complete courses in human movement, physical motor functions, biomechanics and training administration

Completing a Ph.D. is voluntary for most athletic trainers, but some may need to earn a doctoral degree in order to curry favor with employers, such as professional sports teams. Trainers who complete a Doctor of Philosophy degree program may also want to enter research-related careers, where they can focus on the science of movement and injury prevention. The time it takes to complete these programs varies as doctoral degree programs are often designed to allow students to complete the education at their pace. Common courses include athletic psychology, performance-based nutrition and advanced kinesiology.

Employment Outlook and Salary Info

According to the U.S. Bureau of Labor Statistics, athletic trainers’ average yearly salary was $46,940 in 2015. The number of jobs for all athletic trainers was expected to grow 21 percent between 2014 and 2024, which is faster than the projected job growth rate for all U.S. professions over the same time period.

Licensing Requirements

Students need to obtain licensing in order to run a training business or legally gain employment in the U.S. According to the National Athletic Trainers’ Association Board of Certification, Inc. (NATABOC), 49 states and the District of Columbia require athletic trainers to obtain licensing. The NATABOC requires trainers to have achieved minimum education requirements and pass an exam in order to obtain licensure. Continued education and periodic testing are also required in order to maintain professional licensure. Common areas of continuing education include:

  • Injury prevention
  • Injury evaluation and care
  • Injury rehabilitation
  • Professional ethics

Sports medicine athletic trainers specialize in caring for and treating athletic injuries. While a bachelor’s degree can prepare sports medicine athletic trainers, a master’s degree is more common and Ph.D. programs are also available. In most states, athletic trainers must maintain licensure, which typically requires the completion of continuing education.

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Get info about online programs in sports medicine. Read about program requirements, course topics and degree levels, and check.

Sports medicine programs teach aspiring physicians how to assist with the prevention and treatment of musculoskeletal injuries.

Sports medicine certifications are generally optional credentials that demonstrate specialized competence. Continue reading for.

Courses in sports medicine are available online on a limited basis; they are most commonly offered as part of campus-based.

  • Certification – Medical Assistant
  • Diploma Program – Medical Assistant
    • EdD in Organizational Leadership – Health Care Administration
    • M.B.A. with an Emphasis in Sports Business
    • MBA: Health Systems Management
    • MS in Health Care Administration
    • Master of Public Administration – Health Care Management
    • BS in Sports Management
    • BS in Health Sciences: Professional Development & Advanced Patient Care
    • Bachelor of Science in Behavioral Health Science
    • BS in Health Care Administration
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    • Medical Administrative Assistant
    • Medical Assistant
    • Medical Assistant Technology
    • Medical Assistant

  • Online Doctorate in Special Education: Program Overview #phd #special #education #online, #online #doctorate #in #special


    Online Doctorate in Special Education: Program Overview

    Essential Information

    Doctorate degree programs in special education are commonly available online; however, most programs have several residency requirements of a few days in duration. Some programs require internships in a school or other facility. Depending on the school and the number of courses taken each quarter, the online program takes a minimum of two and a half years to complete. Many students take longer to complete the 120-122 credit hours.

    Courses in a doctorate degree program may cover educational leadership, supervision of teachers and laws that relate to special education. Students look at theories of learning, motivation and intelligence and examine their implications for persons with special needs. A dissertation is usually required.

    Applicants usually need a master’s degree with a 3.0 GPA from an accredited university, as well as related work experience and certification or licensure as a special education teacher. Students must also have a computer equipped with a CD/DVD drive, a printer, 40 GB hard drive and 1GB of RAM. They also need specific software, including Microsoft Office, Adobe Reader, Adobe Flash Player or Apple QuickTime, Windows Media Player and sufficient antivirus software.

    Find schools that offer these popular programs

    • Teaching Gifted and Talented Students
    • Teaching Special Education – Autism
    • Teaching Special Education – Developmentally Delayed
    • Teaching Special Education – Emotional Disturbances
    • Teaching Special Education – Hearing Impairments
    • Teaching Special Education – Learning Disabilities
    • Teaching Special Education – Mental Retardation
    • Teaching Special Education – Multiple Disabilities
    • Teaching Special Education – Orthopedic Impairments
    • Teaching Special Education – Speech Impairments
    • Teaching Special Education – Traumatic Brain Injuries
    • Teaching Special Education – Vision Impairments
    • Teaching Special Education, Children and Young Children

    Doctorate in Special Education

    Students pursuing online Ph.D. degrees in education with a concentration in special education or special education leadership are exceptionally well-prepared to address the difficult situations facing the educationally challenged. Graduates often work in leadership roles, working on the financial, legal and ethical ends of special education. They may end up teaching, directing or administering special education programs in individual schools, school districts or at colleges. A graduate may also work as an independent or government consultant, developing an Individualized Education Program (IEP), in accordance with the Individuals with Disabilities Education Act.

    Prerequisites often include a master’s degree with a 3.0 GPA from an accredited university, a number of years of related work experience and certification or licensure as a special education teacher. Professional references are also commonly required.

    Information and Requirements

    Courses are delivered via online classrooms and discussion boards, but in-person components are commonly required as well. Generally lasting 3-6 days each, the three or four residency requirements are spaced out over the length of the program and typically consist of seminars, research sessions and colloquia.

    Technical requirements include a computer with Internet access and a current operating system. The computer should be equipped with a CD/DVD drive, a printer, 40 GB hard drive and 1GB of RAM. An up-to-date browser must be used, and the computer should also have Microsoft Office, Adobe Reader, Adobe Flash Player or Apple QuickTime, Windows Media Player and sufficient antivirus software.

    List of Common Special Education Courses

    In addition to core courses, specialization courses and electives, students must also prepare, present and publish a dissertation based on individual research. Courses cover the management principles of special education programs, as well as highlighting topics related to curriculum development and the legal issues concerning special education.


    In this overview of special education administration services, students learn how different factors affect the integration of special needs students to the educational system. The responsibilities of the administrator in relation to students, their families and the school staff are examined.


    Students develop the skills necessary to understand the theory and design of doctoral-level research programs. Quantitative and qualitative reasoning are examined as students develop research plans. The questions of the implications of research with regard to social and ethical change are addressed.


    Students learn to plan, assess and implement special education curricula and programs as different needs are addressed. Modern programs are analyzed in order to examine how standards for educational services are provided in different environments.

    Law and Finance

    Legal and financial aspects of special education programs are emphasized in this course. Focus is placed on historical precedent and current case law, with an emphasis on state and federal regulations. Political and ethical questions regarding the implementation and operation of programs are surveyed.


    Collaboration with staff, families, concerned personnel and individual students is the emphasis of this course. How to achieve successful and respectful cooperation of all parties in the development of a quality special needs program is the desired outcome.

    Career Information

    According to the U.S. Bureau of Labor Statistics (BLS), opportunities for all special education teachers are expected to increase by 6% from 2014-2024. The BLS also notes that as of May 2015, the average annual salary for special education teachers in pre-school was $58,210. All other special education teachers earned an average annual salary of $57,670. ( ).

    Membership in organizations such as the Office of Special Education and Rehabilitative Services of the U.S. Department of Education, the Council for Exceptional Children and the National Association of State Directors of Special Education, is recommended. Such associations offer educators information on careers, state and federal programs and grant money for special education projects.

    In online doctoral programs in special education, students take advanced courses in the practical and logistical aspects of the field, and they conduct independent research leading to a final dissertation in a particular area of interest. Once they graduate, they are well-qualified to work with special needs students or to hold executive positions in schools, the government or as an independent consultant.

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    • Education
      • Counseling and Guidance
      • Curriculum and Instruction
      • Educational Administration and Supervision
      • Educational Evaluation and Research
      • Library Science and Related Professions
      • Special Education
        • Teaching Special Education – Hearing Impairments
      • Teacher Education for Specific Levels and Methods
      • Teacher Education for Specific Subject Areas

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    10 Popular Schools

    The listings below may include sponsored content but are popular choices among our users.

    • EdD in Organizational Leadership – Special Education
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  • Doing Business in Bulgaria – World Bank Group #ease #of #doing #business #in #bulgaria, #data

    Starting a Business

    The steps of launching a business are shown below. Included are: the number of procedures entrepreneurs can expect to go through to start up and formally operate an industrial or commercial business, as well as the time and cost to complete these procedures and the paid-in minimum capital requirement as a percentage of gross national income (GNI) per capita.

    DB 2017 Rank: 82

    DB 2016 Rank: 78


    Last year’s rankings are adjusted. They are based on 10 topics and reflect data corrections .

    DB 2017 DTF (% points): 86.82

    DB 2016 DTF (% points): 86.31


    The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more.

    Execute the minutes of the constituent meeting of the shareholders in the OOD; obtain a notary certified statement of consent and signature specimen of the manager, and a certified copy of the articles of incorporation of the OOD.

    Agency: Public Notary

    Each newly appointed general manager must sign and submit the following affidavits:

    (1) affidavit under Article 141 of the Commercial Act, where the general manager declares that (s)he has not been declared in bankruptcy and (s)he has not been a general manager, a member of a managing or controlling body of a company, dissolved because of bankruptcy during the last two years preceding the date of the resolution declaring the bankruptcy, and that, in addition, (s)he has not been a general manager or a member of a managing or controlling body of a company, that has been ascertained by an effective and enforceable penalty decree as not complying with such company’s obligations for establishment and storage of the determined levels of reserves under the Bulgarian Law on Reserves of Oil and Oil Products;

    (2) affidavit under Article 142 of the Commercial Act where the general manager declares that without the prior consent of the company (s)he will not (i) enter into commercial transactions either in his/her personal capacity or on behalf of third parties; (ii) participate in general partnerships, limited partnerships and limited liability companies; and (iii) occupy positions in the managing bodies of other partnerships or companies; and

    (3) affidavit under Article 13 paragraph 4 of the Commercial Register Act to declare that the circumstances, as would be applied for registration in the Commercial Register and the adoption of the acts as would be applied for promulgation therein, are genuine and true.

    Deposit paid-up capital in a bank

    Agency: Commercial Bank

    The capital-accruing bank account must be opened either by the company manager or by a person authorized by a notary-certified power of attorney. Those persons delegated authority over the bank account must provide a signature specimen in person or a notary-certified specimen. The amount of capital stays blocked in the bank account until the registry issues a decision on the company registration. The Commercial Act requires the minimum capital prescribed by law, i.e. BGN 2, to be paid-in prior to incorporation. After opening the escrow account and depositing the funds therein the company under incorporation is issued a certificate evidencing the shareholders’ deposit of the capital. The certificate must be presented at the registry.

    BGN 10 -30 BGN (depending on the bank)

    Register with the Commercial Register at the Registry Agency

    Agency: Registry Agency

    The registration is done using a Standard Application (A4 Form – “Application for registration of circumstances
    related to a limited liability company”).

    The following documents must be attached to the application:
    (1) Agreement of Association,
    (2) Resolution for appointment of manager(s),
    (3) Notary certified consent and signature specimen of manager(s), and
    (4) Bank certificate for deposited capital.

    The state fees are BGN 110 if the documents are filed with the Registry Agency on paper or BGN 55 if the registration documents are filed with the Registry Agency electronically.

    The following affidavits by each of the appointed general managers of the company must also be attached to application A4: Affidavit under Article 141 paragraph 8 of the Commercial Act; Affidavit under Article 142 of the Commercial Act; and Affidavit under Article 13 paragraph 4 of the Commercial Register Act.

    As of January 1, 2016 the applications for initial registration of companies have to be reviewed by the Commercial Register officials by the end of the next business day following submission of the application.

    BGN 55 for electronic registration and BGN 110 for hard copy application

    Register for VAT

    Agency: National Revenue Agency

    The Value Added Tax Act (promulgated on August 4, 2006 in State Gazette issue 63) became effective on January 1, 2007 (Bulgaria’s EU accession date). Under this new law, the company may voluntarily register for VAT purposes at any time, because the current threshold requirement has been abolished. A voluntarily registered person shall remain VAT-registered for 24 months starting from the beginning of the year following the year of VAT registration. The company must register for VAT purposes in Bulgaria if its turnover for 12 consecutive months exceeds BGN 50,000.

    Specific grounds for obligatory registration for VAT purposes apply when:
    – A person from an EU member state who is not established in Bulgaria and provides taxable supplies of goods that are to be assembled or installed in Bulgaria by that person or at his or her expense (if the recipient is not registered for VAT in Bulgaria).
    – A person from another EU member state supplies goods to Bulgaria exceeding total value of BGN 70,000 under the conditions of distance sales of goods within a given calendar year.
    – A person (whether resident or not) performs taxable intra-community acquisitions in Bulgaria exceeding BGN 20,000 within a given calendar year.
    – A person (whether resident or not) receives supplies of services under chargeable supplies having place of performance on Bulgarian territory with respect to which the VAT is due by the recipient.
    – A Bulgarian resident performing supplies of services having place of supply the territory of another EU member state.

    Register fiscal device (cash register)

    Agency: National Revenue Agency

    Ordinance No. 18 of 2006 (amended SG49, June 29, 2010 for registration and sales register in the commercial objects through fiscal device) on the recording and reporting of sales mandates that companies conducting commercial activities register their cash register machine. The registration of the device with the NRA usually happens at the moment of purchase. The licensed provider of the fiscal device shall submit to the competent territorial office of the National Revenue Agency a notification requesting the establishment of a connection, along with data about the merchant and its premises and the certificate of registration of the fiscal device. In a 7 days’ time from receipt of the certificate, the local office of the NRA is obliged to certify or reject the certification. The local office of the NRA will send a certified copy of the Certificate or the rejection by registered mail. The company has no right to report sales via a cash register or fiscal printer introduced for work after the purchase or change of ownership, without a certified certificate of registration.

    The price of the machines can vary from 50 BGN – 200 BGN

    Register Commercial Object of the company

    Agency: Sofia Municipal Council

    Companies need to register the commercial object with the Sofia Municipal Council in order to inform the municipality about the type of activity the company will perform. The following documents are needed to complete the registration process.

    – Application form;
    – Declaration, Registry Agency Certificate,
    – Registration certificate of the fiscal device.

    Theft Overview #jobs #today

    #retail theft


    Theft Overview

    The term theft is used widely to refer to crimes involving the taking of a person’s property without their permission. But theft has a very broad legal meaning which may encompass more than one category, and multiple degrees, of crimes. Theft is often defined as the unauthorized taking of property from another with the intent to permanently deprive them of it. Within this definition lie two key elements:

    1) a taking of someone else’s property; and

    2) the requisite intent to deprive the victim of the property permanently.

    The taking element in a theft typically requires seizing possession of property that belongs to another, and may also involve removing or attempting to remove the property. However, it is the element of intent where most of the complex legal challenges typically arise in theft-related cases.

    For example, Alex goes to Patrick’s computer store, puts two flash drives in his pocket, and walks out the door intent of keeping them. Alex can be charged with theft. Had Alex stolen Patrick’s car from the parking lot, Alex would likely be charged with grand theft.

    Is Larceny Different from Theft?

    While some states have merged larceny with general theft statutes, other states have kept larceny as its own separate offense. Larceny is an offense that developed through the common law and encompasses behavior that most people consider common theft: the taking of someone else’s property without permission. States that still have retained larceny have usually codified the common law definition within the state’s penal code.

    Most states that still recognize the crime of larceny have codified its elements into their penal code. The exact definition of larceny varies between states and most of them incorporate the following elements in some form. Larceny is:

    1) The unlawful taking and carrying away of

    2) Someone else’s property

    3) Without the consent of the owner and with

    4) The intent to deprive the owner of the property permanently

    The taking element in a theft typically requires seizing possession of property that belongs to another, and may also involve removing or attempting to remove the property. However, it is the element of intent where most of the complex legal challenges typically arise in theft-related cases. In order for a theft to be proven, it often must be shown that the accused acted with the specific intent to take someone else’s property and to keep it or otherwise convert it. Some of the most common defenses in theft cases reflect this challenge, as a defendant may claim that they thought certain property was theirs or that they were just borrowing it.

    Types and Degrees of Theft

    Other key questions in theft cases are: 1) what type of property was stolen; and 2) how much the property was actually worth. This determines the category and/or degree of theft charges that an accused could face. Many jurisdictions create degrees of theft crimes. For example, a third degree theft might be a misdemeanor involving property with a relatively low market value. On the other hand, a first degree theft could be classified as a felony with stolen property valued above a limit established by law. Alternatively, some states categorize their theft (or related offenses) as petty or grand .

    Petty or petit thefts typically occur when someone steals property below a certain value specified by law. The amount at which a theft is classified petty varies depending on the jurisdiction, but a couple of examples would be property worth less than $500 or $1,000. Petty thefts are usually categorized as relatively minor crimes, also known as misdemeanors.

    Grand theft, on the other hand, occurs when property is stolen that is worth more than the limit for petty theft. Typically the market value for the property at the time it is stolen is used to determine that property’s value for purposes of petty or theft charges. Grand theft or comparable violations, such as grand larceny, are classified as felonies in all states. This is the most serious category of offenses and can have severe consequences for individuals convicted of such crimes.

    Additional Categories of Theft

    Jurisdictions may create additional classes or categories of theft to address a particularly troublesome types of theft. Probably the most well-known example is grand theft auto , which of course refers to stealing a car. Typically, these more narrowly-categorized types of theft receive harsher punishments than standard, comparable theft-crimes.

    Get A Free Consultation

    Theft crimes carry potential punishments that range from the relatively minor to the extremely serious. Depending on your circumstances, even a misdemeanor conviction can damage or complicate your life for years to come. Having professional assistance can make the difference between a disaster and an inconvenience. Contact a qualified local attorney to schedule a free consultation and learn how an attorney can help develop the strongest defense available.

    Retail Math Formulas – A Basic Overview #coupon #online

    #retail math


    Retail Math Formulas A Basic Overview

    Love math? Hope so! If you are working in retail at any level, math will definitely be a part of your responsibilities. From counting inventory to managing your open to buy, numbers will be a big part of your day. Below is a break down of the basic math formulas retailers should know in order to run their business effectively.

    Cost of Goods + Retail Markup = Retail Price

    Retail Price Cost of Goods = Markup

    Retail Price Markup = Cost of Goods

    Beginning Inventory (in $ or Sku Count) + Purchases Endoing Inventory = Goods Sold(in $ or Sku Count)

    Total Sales Cost of Goods = Gross Margin

    Gross Margin $ / Average Inventory Cost = Gross Margin Return On Investment

    Net Sales / Average Retail Inventory (Sku Count) = Inventory Turnover

    Gross Sales Returns Allowances = Net Sales

    Projected Sales + Projected Markdowns + Planned End of Month Inventory Planned Beginning of Month Inventory = Open to Buy (OTB)

    Units Sold / Units Received = Sell Through %

    Beginning of Month Stock / Total Month Sales = Stock to Sales Ratio

    Retail Banks: Overview and Services #retail #store #jobs

    #retail banking


    What is a Retail Bank?

    Updated June 03, 2016

    A retail bank is a bank that works with consumers, offering basic banking services like checking accounts, savings accounts, loans, and more. Retail customers are members of the general public taking care of personal needs (as opposed to organizations such as governments and businesses that might need more complex services).

    Retail Banking Services

    Retail banks handle financial needs for everyday spending as well as life events like buying a home.

    These banks are often the household names you’re familiar with (with branches on busy street corners), but small institutions also offer retail banking services. Local community banks and credit unions offer many of the same services as the big banks. Online-only banks are also an option, especially for keeping fees to a minimum.

    Bank accounts like checking accounts, savings accounts, and retirement accounts. Checking accounts often come with a debit card for making purchases and the ability to pay bills online or electronically. Money market accounts pay slightly more, with a few restrictions on how often you can spend the money .

    Certificates of deposit (CDs) pay more than savings accounts. but you usually need to leave your money untouched for at least several months to avoid early withdrawal penalties .

    Safe deposit boxes keep small valuable safe within the bank’s walls (so they can’t be stolen or destroyed while in your home).

    Home loans help people buy a home, and second mortgages allow borrowers to refinance existing loans or take cash out of home equity .

    Auto loans help people buy a car, and can also be refinanced.

    Unsecured personal loans can be used for any purpose and do not require you to pledge collateral. Revolving lines of credit (including credit cards) allow borrowers to spend and repay repeatedly without applying for a new loan.

    These services make it easier for individuals to handle their finances. It is possible to live without a bank account. but life is more difficult. Without banks and credit unions, you might end up spending more time on routine tasks and paying more fees for one-off transactions.

    Cost of Banking

    Banks exist to make a profit, and credit unions also need to bring in revenue to pay the bills. How do they do it? The most basic way banks earn money is to make loans with customer deposits and charge a higher interest rate on those loans. The reality is a bit more complex. and service fees also boost banks’ bottom lines.

    For example, banks earn overdraft fees when you spend more money than you have available, and they charge modest fees to print cashier’s checks or send wire transfers for customers.

    Other Types of Banks

    It might help to contrast retail banks against other types of banks and talk about what retail banks don’t do. This can be confusing, because some banks work in several markets: they are retail banks, and commercial banks, and investment banks.

    Commercial banks focus on business customers (and you might be able to open a business account at the same bank you use for your personal needs). Businesses have different needs, such as the ability to borrow for operations and the need to accept various types of payments from customers.

    Investment banks are also different. They help businesses operate in the financial markets. For example, an investment bank might help a business raise money by selling bonds to investor.

    Retail Industry in India 2016 – Trends, Overview, Analysis #retail #finance

    #retail industry


    Retail Industry

    The Indian Retail sector has come off age and has gone through major transformation over the last decade with a noticeable shift towards organised retailing. A T Kearney, a US Based global management consulting firm has ranked India as the fourth most attractive nation for retail investment among 30 flourishing markets.

    The retail market is expected to reach a whooping Rs. 47 lakh crore by 2016-17, as it expands at a compounded annual growth rate of 15 per cent, accordingy to the Yes Bank – Assocham study.

    The retail market, (including organised and unorganised retail), was at Rs. 23 lakh crore in 2011-12. According to the study, organised retail, that comprised just seven per cent of the overall retail market in 2011-12, is expected to grow at a CAGR of 24 per cent and attain 10.2 per cent share of the total retail sector by 2016-17.

    In terms of sheer space, the organised retail supply in 2013 was about 4.7 million square feet (sq ft). This showed a 78 per cent increase over the total mall supply of just 2.5 million sq ft in 2012.

    Favourable demographics, increasing urbanisation, nuclearisation of families, rising affluence amid consumers, growing preference for branded products and higher aspirations are other factors which will drive retail consumption in India, said DS Rawat, Assocham Secretary General.

    Retail industry can be broadly classified into two categories namely- organised and unorganised retail.

    • Organized retail – Organised traders/retailers, who are licensed for trading activities and registered to pay taxes to the government.
    • Unorganized retail It consists of unauthorized small shops – conventional Kirana shops, general stores, corner shops among various other small retail outlets – but remain as the radiating force of Indian retail industry.

    In the past few years, Indian Retail sector has seen tremendous growth in the organised segment. Major domestic players have stepped into the retail arena with long term, ambitious plans to expand their business across verticals, cities and formats.

    Companies like Tata, Reliance, Adani Enterprise and Bharti have been investing considerably in the booming Indian Retail market. Along with these giant retailers, a number of transnational brands have also entered into the market to set up retail chains in close association with bigger Indian companies.

    High consumer spending over the years by the young population (more than 31% of the country is below 14 years) and sharp rise in disposable income are driving the Indian organised retail sector s growth. Even Tier I Tier II cities and towns are witnessing a major shift in consumer preferences and lifestyles, the result of which, they have emerged as attractive markets for retailers to expand their presence.

    The Indian retail sector is highly fragmented and the unorganised sector has around 13 million retail outlets that account for around 95-96% of the total Indian retail industry. However, going forward, the organised sector s growth potential is expected to increase due to globalisation, high economic growth, and improved lifestyle.

    Although the growth potential in the sector is immense, there are obstacles too, that could slow the pace of growth for new entrants. Rigid regulations, high personnel costs, real estate costs, lack of basic infrastructure, and highly competitive domestic retailer groups are some such challenges.

    Key drivers of the Indian Retail Industry

    • Emergence of nuclear families
    • An increase in the double-income households trend
    • Large working population
    • Reasonable Real estate prices
    • Increase in disposable income and customer aspiration
    • Demand as well as increase in expenditure for luxury items
    • Growing preference for branded products and higher aspirations
    • Growing liberalization of the FDI policy in the past decade
    • Increasing urbanisation,
    • Rising affluence amid consumers
    • A long way to meet international standards
    • Lack of efficient supply-chain management
    • Lack of required retail space
    • No fixed consumption pattern
    • Shortage of trained manpower
    • Lack of proper infrastructure and distribution channel

    Emerging sectors/trends in Indian retailing

    Within retail, the emerging sectors would be food and grocery, apparel, electronics, e-commerce, fashion and lifestyle.

    Incorporation of technology in the organised retail segment has been something to reckon with in the past few years. Use of computers for merchandise planning and management, control of inventory costs and supplies and replenishment of goods done electronically, internal store billing, etc has changed the face of product retailing.

    Online retail business is the next gen format which has high potential for growth in the near future. After conquering physical stores, retailers are now foraying into the domain of e-retailing. The retail industry is all set to test waters over the online medium, by selling products through websites. Food and grocery stores comprises the largest chunk of the Indian retail market.

    An emerging trend in this segment is the virtual formats where customer orders are taken online through web portals which are delivered at the door step the very same day or the following day. This trend has been catching up with most of the large sized retail chains that have their websites.

    The Road Ahead

    According to panel members at the seventh Food and Grocery Forum India, the opportunities in food and grocery retail in India are immense, given that it constitutes about 69 per cent of India s total retail market. The Indian retail market, currently estimated at $490 billion, is project to grow at a compounded annual growth rate of 6 per cent to reach $865 billion by 2023. Modern retail with a penetration of only 5% is expected to grow about six times from the current 27 billion USD to 220 billion USD, across all categories and segments.

    Organised Retail is emerging as the new phenomenon in India and despite the slump, the market is growing exponentially. As economic growth brings more of India s people into the consuming classes and organized retail lures more and more existing shoppers, by 2015, more than 300 million shoppers are likely to patronize organized retail chains.

    Consumer markets in emerging market economies like India are growing rapidly owing to robust economic growth. India’s modern consumption level is set to double within five years to US$ 1.5 trillion from the present level of US$ 750 billion.

    The growing middle class is an important factor contributing to the growth of retail in India. By 2030, it is estimated that 91 million households will be middle class , up from 21 million today. Also by 2030, 570 million people are expected to live in cities, nearly twice the population of the United States today.

    Thus, with tremendous potential and huge population, India is set for high growth in consumer expenditure. With India’s large young population and high domestic consumption, the macro trends for the sector look favorable.

    Company Overview – Corporate Website of Ashley Furniture Industries, Inc #baby #retailers

    #furniture retailer


    Company Overview

    Explore How It’s Made. The Ashley Way.

    Ashley Furniture Industries is the #1 Furniture Manufacturer in the World. But our products aren t the only heroes. The people of Ashley Furniture Industries also help this company truly define itself. Our team lives and breathes a “dirty fingernail” approach that breeds success unlike any other. And it gets the job done. That s what we re made of and what it means to be Ashley made.


    Furniture Design

    Ashley Furniture Industries in-house designers and engineers react quickly to consumer tastes, and have conquered the ability to make style and selection affordable. Talented and ambitious, they travel the world to gain an understanding of the latest trends and discover emerging materials, constructions and technologies.



    Residential Bedding, Case Goods, and Upholstered Furniture comprise the three major manufacturing divisions at Ashley Furniture Industries. that support our customer’s needs.


    Supply Chain

    Ashley Furniture Industries Global Supply Chain blends and optimizes domestic and foreign production efforts to the maximum benefit of our customers, providing quality products on time and at an exceptional value.


    Quality Control

    Our clear and comprehensive approach to improving the quality of our products adds to our reputation as a “World-Class Furniture Manufacturer”. Drawing from over 65 years of innovation, Ashley Furniture Industries has become the largest manufacturer of quality furniture products.


    Information Technology

    Ashley Furniture Industries information systems unite an expert staff with state of the art technology to serve internal and external business partners 24/7 across the globe.

    Overview – Online Retailer Conference – Expo #retail #me #no

    #online retail industry



    Since 2010, StarTrack Online Retail Industry Awards celebrates the excellence of Australasia’s vibrant and innovative multichannel and online retailing visionaries. The awards night honours the retailing champions that set new standards of brilliance for online and in-store. This is a fantastic opportunity to recognise the hard work, dedication and results of your peers.


    The 2016 edition will also see the introduction of the StarTrack ORIAs HALL OF FAME, an invitation-only honour to be bestowed upon those who have delivered sustained excellence and contributed over the life of the awards. Each year from 2016, the judging panel will debate and nominate several inductees, with each brand inducted into the Hall of Fame earning permanent status as a member.

    StarTrack Online Retail Industry Awards are your opportunity to be recognised as a leader in the country, to showcase the great work you and your team have achieved this year and to celebrate your successes within the industry.


    Dates: 21 July 2016
    Venue: Dockside Pavilion, Darling Harbour

    Event Time:
    6.30pm til late


    What inspires you to look over the horizon?

    CAN YOU BELIEVE IT | WiFi first launched way back in 1997! Imagine how different our lives would be without it…