Category Archives: Foreclosurepedia

Business 101…Preservation Thursday Style

Organics Admin
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Organics Admin

COO at Aladay LLC
Organic Farmer, Property Preservation Specialist and Custom Glass & Wood Worker. Blogger extraordinaire...
Organics Admin
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Latest posts by Organics Admin (see all)

PRESERVATION THURSDAY…

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I recently received a correspondence from Alex which is below. As the PPI industry starts another metamorphosis and one I sincerely hope is for the best, I once again call on labor to become more independent thinking.
I call on Labor to start actually start thinking as a business person. To assist I will start posting weekly Business 101 articles. In addition we welcome any business related questions you may have for our weekly feature.
This week is courtesy of Alex Nordeen Editor at Guru99.

I am Alex Nordeen Editor at Guru99. Our Goal is to provide Fun and Free Education for ALL
I was doing some research on Accounting and I came across your page https://aladayllc.com/category/promotional/ and I noticed you linked http://www.investopedia.com/terms/p/plstatement.asp
I want to highlight that we recently created tutorials on Accounting
that took 190+ hours to create with beautifully annotated screenshot, interactivity and is very comprehensive.
The tutorials are created by an Amazon veteran and I have personally edited them.

The course covers

• Accounting Basics like Introduction, Assets and Liabilities, Accounting Equation, Revenue, Expenses, and Drawings.
• It also introduces Accounting transactions, Journal Entries, Ledgers, Profit and Loss Statement, Fixed Assets, and Depreciation.
• We also touch on advanced topics Trial Balance, Balance Sheet. Cash Flow Report, and Analyze Financial Reports.
Do you feel it could be a good fit for your audience? Might be worth a mention 🙂
Here is the Link: https://www.guru99.com/how-to-produce-a-profit-and-loss-statement.html

So What is a Profit and Loss statement???

P&L Example courtesy Guru99

A Profit and Loss Statement illustrates how much profit you made in any given period, usually it is 1 year.
A Profit and Loss Statement is important because it illustrates whether or not we have made a profit – one of the most important objectives of being in business. This is also important to various other parties – the bank would like to know we made a profit so they can be sure we can continue to repay their loan, and the government would like to know the size of our profit in order to calculate our tax. It also summarises our revenue and expenses for the year, which is important for analysing how money has come in and out of our business.

Next week we’ll take a look at The difference between Cash Flow statements and your Profit & Loss statement and how they intertwine. If you have a question or would like information on setting up your spread sheet feel free to drop a line
In addition to assistance with spread sheets Aladay LLC has promotional and educational videos on various accounting procedures such as Breakeven Analysis and Breakeven points on our You Tube Station.
https://www.youtube.com/channel/UCzj1RglJcinxytNKdAGycyQ

Today’s podcast

Until Next Time

Happy Gardening

Employee or Independent Contractor…Question has been answered

Organics Admin
Follow Me!!

Organics Admin

COO at Aladay LLC
Organic Farmer, Property Preservation Specialist and Custom Glass & Wood Worker. Blogger extraordinaire...
Organics Admin
Follow Me!!

Latest posts by Organics Admin (see all)

This entry is part 4 of 4 in the series PPI Watch List
Time for a vacation

For about seven years now there has been an ongoing debate whether the Property Preservation Industry (PPI) is Employee based or Independent Contractor based. Friday March 17, 2017 the Honorable

William H. Orrick has finally laid the debate to rest. Now many are not going to like his decision, mainly the Offender Members of the National Association of Mortgage Field Services, (NAMFS).  So here is podcast number one .

No Matter Where You Are…We’ll be Watching

Now many of you are probably asking how this decision will affect your business. Well for the Emplactors afraid to open their mouths, for them nothing will change. However, for business folks that have kept records you may have a payday coming….in 2010 alone our company had over $50,000.00 in reimbursable fees. Yes, phone systems, dump fees, hourly wages, transportation costs, and tools for this job including the laptop we had to purchase to use the Pruvan system. With that thought I’ll queue up podcast number two.

PPI Watch List Honorary Inductee. EDNAMFS For knowingly Allows members to skirt business laws.

Now for whatever reason back in 2010 when the Hurst v Buczek. came to light NAMFS did nothing but double down on allowing the illegalities of the membership. This organization did nothing even after the May 2, 2012 final ruling, the “ED” nor the Board of Directors lifted a finger to stop the improperly licensed membership or the incorrectly classified IC Employee mess. Instead of cleaning the mess up five years ago Eric Miller has allowed this nightmare to continue.

Contact us today to inquire about radio advertising for your company

Yes ladies and gentlemen…you are an employee just like I said six years ago in a Linkedin forum that had Don McPhearson demanding I “be specific” with my claim that NAMFS was and I still maintain to this day is responsible for the deterioration of the PPI.  At that time I made the claim we are Employees not IC’s. .. I knew then I was correct, how you ask???? Simple I removed FAS from the contract and inserted Aladay LLC. I then sent it to our local UEID, Unemployment Insurance Divison office, and had the contract reviewed “before” we hired or used it for Independent Contractors. Jennifer at the UEID office said …this is nothing more than an Employment contract and anyone work g u Dr it would be considered an employee.

 

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For years I asked others to do the same. I even broke contracts down by removing companies name and inserting “Company A” & “Company B” and translating the legal ease into English.  See Kim Savage’s group on Facebook the series may ve archived there as that was where the videos were posted… I have been saying for a very long time we are employees. I know some if you do not want to five that fact. That is your choice. You can get you paperwork together and get paid or you can continue to argue with me and others in the face of the courts decision, your choice.

Myself I’m getting  our paperwork together for payday…BTW in civil litigation damages are treble…or 3X what the original damage was….2010 is looking awful good….and right about now so is Tahiti.

Until Next Time

Happy Gardening