Recently I came across a few articles of companies looking to find ways to circumvent the fines imposed by the company mandate. As I investigated the story line I realize that the impact of the ACA also affects companies like my own enterprise. Since we have several consultants who work as independent contractors we are now subject to hire and provide them with healthcare if they request it.
This adds @ 100k to our Human resource budget to comply with the ACA terms. For a small company doing less than a million in net profits this is a major blow. Now when you multiply the effect to the companies who have provided many employees with healthcare plans that are no longer eligible due to new cost structure you see the implications.
Its a tragedy when you change the level of issuance of an optional benefit. The perception to your workers is not something you can easily change once tarnished. I watched a fast food worker demand that she be paid $15 per hour for her services and I wanted to take her to an executive training camp and allow her to see that in order for the burger to sell at $1.00 to the customer her wage has to remain at that price otherwise their fast food establishment becomes a premium restaurant and the price of the lowest burgers go to a price of $5.00 and the chances of her getting a job there would decline since the level of services would now increase. There is a major difference in being a waiter or waitress and being a fast food attendant. The clientele and level of service is far and beyond the scope of each other. In addition the presence of tips is also a factor in most restaurants.
When I analyzed the situation the first thing I began to realize is how special it is to have management training. Managers have to keep a balance between the costs and profits. A successful company makes at least 7% to 10% profit goals. So lets do the numbers thats a goal of .10 cents per burger.
Legislation has always provided protection to consumers but from the business point of view they have to bear the costs. Small businesses have no chance in an over regulated economy.
I think many regulations offer a balance approach however we are in need of a few relaxation of restrictions to continue as a profitable stable economy. The SEC offers a major protection for investors and this is a needed function in these markets however the limitations they place on the advisors are reducing the number of advisors yearly.
When legislation hurts an economy its time to create new rules that address the pain.
The question is this: Is the Government hurting your business?
Saturday, November 23, 2013
Friday, November 22, 2013
The Perfect Healthcare Plan rollout.
Doesn't any one listen anymore to the people work for? I am truly amazed at the total liberalism that exists in our political forum. Our nation and our world is in a power grab conundrum.
Luckily the fix is simple: Keep the pre -existing condition mandate for people with other ailments and allow them to register for health care services.
The concept is simple: A cross between what was old and what was new. The higher the deductible the more the payment to the healthcare costs. Let people choose their plan and the companies offer their plan they can afford if at all.
Problem solved. This is a perfect plan because it makes sense and saves dollars.
Luckily the fix is simple: Keep the pre -existing condition mandate for people with other ailments and allow them to register for health care services.
- Take away the company mandate and make it optional for employers to offer healthcare like it was before.
- Keep the individual mandate and have each citizen pay 100 to 250 maximum fine for not signing up for medical coverage.
- reate a Medicaid part G- program for 20k+ wage earners and students.
- 300,000,000 X $100 is a 30 Billion per year influx to the medical system
- Make the lower level plans have a high co pay like $50- $75 for lower plan members-
- Young people year 1 start out at $50 per month for health care then $100 each year after until they hit 25. Have a $50 co-pay per visit.
- Create a digital system that the entire system can use to register and see their medical information.
- Provide the insurance agency with a tax break to sign up new members.
- All premium penalties paid out of income tax at time of filing
- Create medical school vouchers to create a steady stream of new physicians.
The concept is simple: A cross between what was old and what was new. The higher the deductible the more the payment to the healthcare costs. Let people choose their plan and the companies offer their plan they can afford if at all.
Problem solved. This is a perfect plan because it makes sense and saves dollars.
Wednesday, November 13, 2013
New Blackberry Television app available
http://appworld.blackberry.com/webstore/content/40448942/?lang=en&countrycode=US&CPID=SOC_C_WW_IBB1376343703
Try the new Blackberry TV app.
Try the new Blackberry TV app.
The ACA is a disaster that can be resolved by going to the small business sector.
The end game of the Health Care System is simple: make it work. The system used by Verizon and its partners was not adequate to deliver the results at the level of volume of the demand. MyOffice Resources is an outsourced resource center offering solutions. We don't own our systems we build them on existing proven networks. Why rebuild the wheel when you can get BF Goodrich to deliver the best tire on the market within costs.
On review the first thing I realized is the intricacy of the ACA system and how far it reaches with the American information diaspora. When your financial information is pulled in to determine your eligibility it opens up a new world of threats. I believe the way to build the system was done properly but with the wrong cross platform interface. One system did not speak to another.
What could I do for a billion dollars? Bring in a system that could work today. My company can deliver a compelling secure platform overnight and the challenge is set. My system exists currently and needs to be delivered and scaled up. I would make the bet that even when confronted with a secure platform they would still have a new excuse.
Once the system launched it was a disaster as the hackers began to hack the system. Jeff Bezos had it right they refused the system. The company could have fixed the system in ten minutes.
The website is the tip of the problems for the ACA. The integration of departments such as health and Internal Revenue is a virtual nightmare. Any coder would know this.
Without giving away any trade secrets I know where the issues in this system lie.
On review the first thing I realized is the intricacy of the ACA system and how far it reaches with the American information diaspora. When your financial information is pulled in to determine your eligibility it opens up a new world of threats. I believe the way to build the system was done properly but with the wrong cross platform interface. One system did not speak to another.
What could I do for a billion dollars? Bring in a system that could work today. My company can deliver a compelling secure platform overnight and the challenge is set. My system exists currently and needs to be delivered and scaled up. I would make the bet that even when confronted with a secure platform they would still have a new excuse.
Once the system launched it was a disaster as the hackers began to hack the system. Jeff Bezos had it right they refused the system. The company could have fixed the system in ten minutes.
The website is the tip of the problems for the ACA. The integration of departments such as health and Internal Revenue is a virtual nightmare. Any coder would know this.
Without giving away any trade secrets I know where the issues in this system lie.
Monday, June 3, 2013
Finally some promising first quarter numbers | Media Life Magazine
Finally some promising first quarter numbers | Media Life Magazine We are launching Tvonthego.com as a newly reformatted platform. With new affordable technology its a reality to develop new markets in new locations. We are now working to improve our apps to offer the best market in Online Television viewing. We believe our new platform is socially viral and will be a great place for us to exist over the next few years.
With a funding campaign underway to acquire more digital cameras for our producers its only a matter of time before we can create a new marketplace for our services.
With a funding campaign underway to acquire more digital cameras for our producers its only a matter of time before we can create a new marketplace for our services.
Finally some promising first quarter numbers | Media Life Magazine
Finally some promising first quarter numbers | Media Life Magazine We are launching Tvonthego.com as a newly reformatted platform. With new affordable technology its a reality to develop new markets in new locations. We are now working to improve our apps to offer the best market in Online Television viewing. We believe our new platform is socially viral and will be a great place for us to exist over the next few years.
With a funding campaign underway to acquire more digital cameras for our producers its only a matter of time before we can create a new marketplace for our services.
With a funding campaign underway to acquire more digital cameras for our producers its only a matter of time before we can create a new marketplace for our services.
Friday, May 31, 2013
Wednesday, May 15, 2013
Trade the Vix
The volatility index is referred to the Vix. If you are trying to play the market and not invest for the longterm we expect the volatility to increase in the days ahead. 4 3% moves either way will be a 12% move. If it dips 3% buy if it increases 3% sell. This is a quick and dirty trade if I ever saw one. I prefer the Buffet buy and hold for value play. If you buy ketchup then its only a matter of time before someone eats a burger.
Third world markets are about to see double digit growth. There is cheap money available so its about time to get the focus and the plan. The financials are about to double from here. No one talks about the fees they charge and how they offset the profits by taking the losses on the foreclosures to offset it.
Bank American has rocky days ahead but they are backed by the US Gov't who is trying to cash out so they will be push the stock. Beware that when the fed slowly gets out of the market there will be blood on the street. buy stable names and let it ride for the long term. Please buy my book.
12- 17 from May to June 2013 and going higher.
Third world markets are about to see double digit growth. There is cheap money available so its about time to get the focus and the plan. The financials are about to double from here. No one talks about the fees they charge and how they offset the profits by taking the losses on the foreclosures to offset it.
Bank American has rocky days ahead but they are backed by the US Gov't who is trying to cash out so they will be push the stock. Beware that when the fed slowly gets out of the market there will be blood on the street. buy stable names and let it ride for the long term. Please buy my book.
12- 17 from May to June 2013 and going higher.
Tuesday, April 30, 2013
As the dow hits a ceiling of 14700 we see the sell in May and go away strategy. With portfolios up 8-12% YTD we see a lot of investment managers run to quality with safe products. Here is a tip : Nothing is safe in this market. Apples stock buyback and low cost loan will allow it to make more money than ever before. Any accountant can see the inherent loop hole they have to bring back capital over seas.
For every share of stock they purchase they pay a dividend to themselves. Dell is reaching out to the market for support without shifting their product line. PCs are not dead they are just on break. You can't edit on a Tablet or run complex problems like CAD on an Ipad. So there is a future for DELL.
As the time nears to release my new book we look forward to empowering our youth. If I could sell a few and give a way a few million I would be satisfied. Knowledge is power and as I put my efforts into a future classic this will be a real source of information for our future investment class.
For every share of stock they purchase they pay a dividend to themselves. Dell is reaching out to the market for support without shifting their product line. PCs are not dead they are just on break. You can't edit on a Tablet or run complex problems like CAD on an Ipad. So there is a future for DELL.
As the time nears to release my new book we look forward to empowering our youth. If I could sell a few and give a way a few million I would be satisfied. Knowledge is power and as I put my efforts into a future classic this will be a real source of information for our future investment class.
Tuesday, April 23, 2013
When a great product is killed by the egg heads in development
A letter to Blackberry development team.
I wrote this letter to your team- Its a shame that the operation team is killing the company. Your marketing is terrible.
I wrote this letter to your team- Its a shame that the operation team is killing the company. Your marketing is terrible.
The product is awesome. Im a marketer trying to be a programmer and I know I suck - Its time you programmers mutually acknowledge that your marketing sucks as well.
We could help each other- I am available for marketing the platform plus I think the playbook is the best product you have and its not even marketed as such. A simple www.bluestacks.com .exe wrapper to install this third party software would make the playbook run android programs natively without having to recode. Yes you would lose revenue but the sale of the unit and additional development you would receive would make this a win win win.
When you are ready to help me program - I am ready to help you market.
Peter Benjamin
Wednesday, April 10, 2013
JCPenney Too little too late.
http://www.mobilecommercedaily.com/jcpenney-ceo’s-departure-highlights-challenges-dept-stores-face-with-in-store-mobile
Try to figure out how an elite vision kills the company. Within a year a company bets on the creation of a new consumer and loses. The key to retail is traffic. If you are in sales the key to maximize returns is really to reach more qualified clients. If you are targeting higher end clients and you are in a lower end market then that is a formula for disaster. The truth is simple: Ron Johnson had the right vision at the wrong time.
We contacted JCP to discuss some mobile coupon options and never received any contact with the company. The strategy of coupon elimination was totally nuts. How can you take away the strategy that made you successful. The next phase of the JCP saga continues. What are your thoughts. The average JCP customer comes in twice per year and spends on average of $200 per visit.
Try to figure out how an elite vision kills the company. Within a year a company bets on the creation of a new consumer and loses. The key to retail is traffic. If you are in sales the key to maximize returns is really to reach more qualified clients. If you are targeting higher end clients and you are in a lower end market then that is a formula for disaster. The truth is simple: Ron Johnson had the right vision at the wrong time.
We contacted JCP to discuss some mobile coupon options and never received any contact with the company. The strategy of coupon elimination was totally nuts. How can you take away the strategy that made you successful. The next phase of the JCP saga continues. What are your thoughts. The average JCP customer comes in twice per year and spends on average of $200 per visit.
Monday, April 8, 2013
Success is the New Cool!!!
In life there will always be obstacles. In every breath we take the outcome is eventual as we reach for another and another. While we learn to do these basic survival functions one moment at a time automatically we try our best to multi task and have an enjoyable experience while on this world.
Our goal is to maximize our pleasure and minimize our pain. Increase our Joy and work towards our goals. This is the human way. The path is paved with great souls who have tried it before us and then our turn will come to reach the end of the journey. Its the level of intensity we leave between the attempts that give us the reputations we deserve. life
The best way to grow is to plant a great garden. From this garden you can plant all the elements you will need in this journey called life. This journey will have steep hills to climb so plant a tall tree that you can use to spring from. You will need to have weapons to ward of the predators so plat trees with steady barks that are light enough for you to yield. You will need a Shield so plant trees that are strong enough to protect you in battle. Then when that is done plant fruit that will make you strong and plant vegetables that will nourish you. When this is one plant flowers that will please you with their beauty that will make you smile when you see them sway in the wind.
Lastly plant yourself in the garden as the caretaker and the responsible one for the farm. In this was you will have done the will of the creator who has made you and you follow in our original destiny.
C.Peter Benjamin
Our goal is to maximize our pleasure and minimize our pain. Increase our Joy and work towards our goals. This is the human way. The path is paved with great souls who have tried it before us and then our turn will come to reach the end of the journey. Its the level of intensity we leave between the attempts that give us the reputations we deserve. life
The best way to grow is to plant a great garden. From this garden you can plant all the elements you will need in this journey called life. This journey will have steep hills to climb so plant a tall tree that you can use to spring from. You will need to have weapons to ward of the predators so plat trees with steady barks that are light enough for you to yield. You will need a Shield so plant trees that are strong enough to protect you in battle. Then when that is done plant fruit that will make you strong and plant vegetables that will nourish you. When this is one plant flowers that will please you with their beauty that will make you smile when you see them sway in the wind.
Lastly plant yourself in the garden as the caretaker and the responsible one for the farm. In this was you will have done the will of the creator who has made you and you follow in our original destiny.
C.Peter Benjamin
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