Substitute Sources of Company Growth Finance There Is A lot more Than A single Way to Fund Growth

17 Mar

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Talk to any business owner or read the enterprise section of any newspaper and you are probably to come across stories of struggles to access enough finance to grow or preserve their company. But we are starting to witness a adjust in how company owners access finance with several now actively in search of out alternative sources.

A survey carried out by the UK’s Forum of Personal Company identified that 26% of businesses were hunting out option economic merchandise, with 21% searching for them outside of the classic primary High Street lenders. In reality, in an additional survey undertaken by the Federation of Modest Businesses, it was found that only 35% of respondents utilised a standard overdraft facility in 2011.

So, if banks are continually reluctant to lend to all but the lowest threat organizations, how can the remainder of the UK’s enterprise population finance growth? Right here are some of the increasingly popular alternative sources of finance to investigate.

Much better Management of Operating Capital

This may possibly appear to be an odd supply of finance but extremely often companies are sitting on undiscovered cash reserves which can be utilized to finance growth. A report issued by Deloitte in 2011 revealed that the UK’s largest companies had been sitting on 60 billion of unproductive functioning capital. Inefficiencies in how operating capital (debtors, stock and creditors) is handled can unnecessarily tie up your cash. Cash can be unlocked and released back in to the system thereby allowing self-financed growth plans by taking a close appear at credit procedures, how credit terms are granted and how outstanding payments are chased.

Ensuring that stock is kept at an optimum level by way of greater inventory management is one more area where cash can be released to support and finance growth. Take a good appear at your inventory management approach and determine regions where cash is trapped.

Good management of working capital is not just about far better control of debtors and stock, it is also about maximising the terms given by creditors. Are you too eager to keep a first class partnership with your suppliers by paying nicely ahead of the due date? You can positively effect your money position by taking complete advantage of terms supplied by your suppliers. Have you totally leveraged your position by seeking an in depth of terms from say 30 days to 45 days?

Becoming far more efficient in how operating capital is managed can release sufficient funds to self-finance development plans.

Individual Resources

With standard avenues of funding being more challenging to access organization owners are now hunting to their individual resources to fund growth. Whether or not it be drawing on cash financial savings, using private credit cards or taking additional mortgages on residential properties, such sources are an instant solution. A survey by the Federation of Modest Businesses discovered that 33% of respondents had utilised their cost savings to fund development. As nicely as becoming more immediately accessible making use of personal sources is typically a more affordable supply of finance.

Family and Friends

Sometimes referred to as the 3 F’s – family, buddies and fools – this can seem to be a significantly less stressful way of raising finance. In some methods it can but it can also be a journey fraught with danger. Tapping into their individual network company owners supply finance by either searching for a loan and providing to spend an interest rate higher than that on supply on a High Street cost savings account, or offering a slice of equity in the enterprise in return for investment.

Raising finance in this way can be reasonably easy simply because the request and fulfilment is extremely much based on personal trust. Typically a Enterprise Plan would be presented highlighting both the investment opportunity and the dangers but at the finish of the day good results is down to the depth of the partnership and level of trust.

The danger in raising funds this way is that the nature of the relationship will modify from that of a individual nature to a business transaction. Failure to frequently pay as per agreed terms, or even total failure to spend, can irreparably harm the relationship so tread with care.

Asset Finance

The Asset Finance sector is based on the notion of either preserving money or speeding up access to it. Asset finance, which consists of invoice discounting, factoring and funding of asset purchases, has been accessible as a source of finance for many years, but it really is only now gaining much more recognition. Figures released by the Asset Based Finance Association, a trade association representing the sector, show that to the third quarter of 2011 the amount financed by the Association’s members enhanced by 9% compared to the very same period in the previous year. Whilst the improve may possibly not seem considerable it is against the backdrop of a fall in traditional bank lending.

In a world exactly where ‘cash is king’ asset financiers support preserve cash by financing the purchase of assets such as automobiles, machinery and equipment. Because the financier is searching to the underlying asset as security there is generally no requirement for extra collateral. According to the Asset Finance and Leasing Association a single in 3 UK businesses that have external finance now utilise asset finance.

Asset financiers can assist speed up the flow of money inside a enterprise by allowing quicker access to money tied up in the debtor book. An invoice discounting and factoring facility gives companies the capability to quickly access up to 80% of an invoice instead of waiting for the agreed credit terms to run their program. Such finance facilities will speed up the velocity of money within the organization thereby permitting the organization to fund a high rate of development.

New players such as Market Invoice are getting into the marketplace to permit organizations to raise finance against selected invoices. Tapping into higher net worth individuals and funds Marketplace Invoice acts as an auction property with funders ‘bidding’ to advance against certain invoices.

Crowfunding and Peer-to-Peer

A comparatively new phenomenon is the concept of raising finance by tapping into the power of the crowd. The historically low prices of interest payable on financial savings have led to depositors seeking out new ways to boost their returns. With company owners struggling to raise the funding they require it really is only natural that a industry would be produced to bring these two parties collectively.

CrowdCube entered the marketplace in 2010 to match private investors looking for to be Dragons with these firms searching to raise capital. After a organization passes the initial assessment stage their proposal is posted on the site and potential investors indicate the level of investment they wish to make with the minimum quantity getting as low as 10.

Businesses searching for a a lot more classic loan need to think about Funding Circle. Established in 2010 Funding Circle also matches individual investors seeking for a greater return with these firms in search of additional finance. Businesses can apply for funding amongst 5,000 and 250,000 for a period of 1, 3 or 5 years. As a minimal the organization has to have submitted two years Accounts with Firms House and be assessed in order to arrive at a danger rating which guides prospective investors.

As the crowd sourcing notion matures we are likely to see more players enter this marketplace to capitalise on the require for much better investor returns and simpler access to enterprise finance.

There is Far more Than 1 Way to Fund Development

Accessing finance to fund development plans does not have to be tough if you are ready to look for out alternative providers. Funding growth is now no longer the exclusive preserve of the conventional Higher Street bank and it is now down to company owners to seek out the substitute routes.

11 Responses to “Substitute Sources of Company Growth Finance There Is A lot more Than A single Way to Fund Growth”

  1. Mathew February 6, 2013 at 7:51 am #

    Lackluster sales in this holiday season have retailers scrambling to wring a few last dollars from procrastinators by slashing prices, extending hours and wooing customers more persistently than last year.
    The moves show that retailers’ strategy during this final weekend before Christmas — when about 10% of holiday sales are expected to take place — has become increasingly reliant on the same promotions and marathon hours once unique to the “Black Friday” weekend following Thanksgiving. But the discounts also reveal the pinch stores are in this year as the credit crunch, rising gas prices and winter storms have taken a toll on companies dependent on end-of-year sales.
    The tough economy has left aisles more empty this year. Total foot traffic at U.S. retail outlets took an 8.9% dive during the second full week of December, compared with the same period last year, according to an estimate from ShopperTrak RCT Corp., which bases its numbers on a formula that involves an electronic count of shoppers in malls and other retail outlets nationwide.
    A bright spot, however, has been online, where aggressive discounting and cut-rate deals on fast shipping have contributed to a surge in spending. From Nov. 1 to Dec. 16, online shoppers spent $23.5 billion, 19% higher than the corresponding days last year, according to comScore Inc., a Reston, Va., market research firm that tracks Web spending and traffic. Videogames, consoles and accessories are the fastest-growing category, more than doubling from the comparable period last year. Furniture, appliances and equipment ranks second, up 63%, while event tickets and consumer electronics are up 29% and 24%, respectively.
    Now, a final push is on, both online and in stores. Web retailers continued to hunt for business by cutting shipping charges to seal deals before the pre-Christmas shipping window closes. Shoebuy.com, a Boston-based unit of IAC/InterActive Corp. offered free express shipping until today. Online handbag merchant eBags upgraded purchases made by Wednesday from standard shipping to two-day air-shipping through UPS for no extra cost.
    Brick-and-mortar stores, meanwhile, retooled their hours for the weekend, hoping to spark their own shopping flurry. J.C. Penney Co. stores are staying open until midnight tonight and Saturday. Select Macy’s Inc. stores on the East Coast will stay open nonstop throughout the weekend — 107 hours straight for one branch in Queens. And New York-based FAO Schwarz made discounts of 25% to 50% on certain toys. Ed Schmults, the chief executive officer at FAO Schwarz, said that while foot traffic was up, business had not been as booming throughout the season as he hoped.
    The National Retail Federation, a trade group, is predicting just 4% in sales growth for 2007, the smallest growth rate in five years. Britt Beemer, chairman of America’s Research Group, paints an even grimmer picture: He lowered his forecast of 2% retail sales growth to 1.8%, his lowest forecast in nearly 10 years.
    In the apparel category, men’s clothing has showed modest single-digit growth through the first 20 days of the shopping season, according to MasterCard Spending Pulse, a unit of MasterCard Advisors, which tracks spending of all types. But women’s apparel — which last year constituted three times the sales of men’s — has been a major disappointment, as shoppers have avoided big purchases. Sales were down 5.7% from the same time last year.
    Retailers have responded with a flurry of price cuts, but large inventory remains in some stores. One of Gap Inc.’s Old Navy stores in downtown Chicago on Wednesday had piles of festive sweaters marked down to $20 from $36.50. Women’s coats still stuffed the racks, despite being already marked down 50%, and its signature “performance fleece,” also half off, was stacked eight shelves high.
    The bad tidings for apparel have left some retailers looking for other items to push. At Banana Republic, also owned by Gap, $64 gift sets of its perfumes, body creams and shower creams were marked down 30%. Gold-boxed gift sets of a new line of bath products at Ann Taylor Stores Corp. stores were discounted to $19.50 from $29. At Limited Brands Inc.’s Victoria’s Secret, stores were piled with beauty gift sets, many 40% off.
    Meanwhile luxury goods are expected to have a good season this year, and retail consultant Frederick Crawford of AlixPartners predicts “pockets of good news” for high-end retail. For brands like Prada and Gucci, he expects to see 5% to 7% growth.
    According to retail surveys, electronics sales were down 0.5% in the three-week period between Nov. 18 and Dec. 9 compared to a year ago, according to Stephen Baker, vice president of industry analysis for market watcher NPD Group. He said consumers in recent years have been delaying purchases until closer to Christmas, which may account for the slowdown.
    Indeed, Angela Smith has waited until the last week to make her purchases. A 39-year-old bank employee in Dallas, Ms. Smith said she is waiting for prices to drop further as well as trying to spend less. For her three nephews, ages 12, 8 and 7, she plans to buy remote-controlled cars, which Wal-Mart Stores Inc. initially priced at $59 and has since dropped to $49. “I am going to swing by this weekend and see if they are going to take it down one more time,” says Ms. Smith, who was shopping for a co-worker’s present at her local Wal-Mart midweek.
    Home-furnishings retailers, fighting the weak housing market, are being particularly aggressive with their promotions this year. At Williams-Sonoma Inc.’s Pottery Barn store on Chicago’s Michigan Avenue, Christmas-tree-shaped candles were discounted 50%, and holiday garlands of fake evergreen branches were 30% off. Wrapped gifts such as silver jewelry boxes, also marked down 30%, were stacked high Wednesday afternoon.
    Home-improvement outfits like Lowe’s Cos. Inc. and Home Depot Inc. are destined to be hardest hit, says AlixPartners’ Mr. Crawford. “Consumers are absolutely showing us that they will be delaying discretionary purchases” like gear to remodel a kitchen, he said.
    A boom-bust pattern is typical after Thanksgiving’s Black Friday discounts, which encourages a flurry of purchases early but leads to a tapering off in early December, killing shopping momentum. This year the pattern was more pronounced: A double-digit sales surge on Black Friday exceeded retailers’ expectations; but come December, throngs of shoppers didn’t return.
    There was one exception, however: online retail. Web merchants have discounted and promoted heavily this season, say industry analysts. Shipping promotions have been particularly popular. Sixty-eight percent of surveyed Web retailers said they are offering express shipping promotions this year, up from 49% last year, according to Scott Silverman, executive director of Shop.org, an online retail trade group and unit of National Retail Federation.
    As the boom continues, these companies are becoming increasingly creative to draw customers. This year Ice.com, a Montreal-based Internet jeweler, has rolled out new videos to promote products and free overnight shipping. It has experimented with new marketing tricks such as buying front-page ads on Microsoft Corp.’s MSN and Yahoo Inc.’s Web sites this week. Ice.com even tried to tap influencers to drive word-of-mouth among blogs, magazine mentions and celebrities.

  2. Faustina February 18, 2013 at 9:29 pm #

    Reporting from Phoenix — Every time a customer buys some of the large fabric tote bags from the Dollar Store at 43rd Avenue and Thomas Road, Najmuddin Katchi sees another piece of his business vanish.

    The purchase of the briefcase-sized shoulder bags means that another one of Katchi’s customers, mostly Latino immigrants, is packing to leave the state before what is touted as the nation’s toughest law against illegal immigrants takes effect July 29.

    Katchi’s store isn’t the only business suffering. The vast shopping center that holds his small shop is almost empty. The Food City supermarket closed this spring. Then the furniture shop. Then the pizzeria.

    The giant apartment complex across the street, once brimming with tenants, is two-thirds vacant. Katchi is behind on his rent.

    “The business is broken,” said Katchi, who has operated his shop at this intersection for 14 years. “After the 29th of July, what happens? Maybe I have to close the store.”

    For the last 20 years, Arizona has been one of the fastest-growing states in the nation. It depends on an expanding population to power its economy, which relies heavily on the construction of new houses.

    At the corner of 43rd and Thomas, it’s hard to determine how much of the neighborhood’s woes stem from Arizona’s immigration laws and how much from the state’s economy, battered by a once red-hot housing marked that cooled. Katchi’s revenues were already sagging before April 23, when Gov. Jan Brewer signed SB 1070 into law. Since then, sales have plummeted.

    In adopting the legislation the state embarked on a grand experiment — trying to drive out hundreds of thousands of its residents by what the law calls “attrition through enforcement.”

    The law requires police to check the immigration status of people they lawfully stop and also suspect are in the country illegally. Civil rights groups and the Obama administration have sued to stop the law from taking effect, and a federal judge heard arguments in the case Thursday.

    The departure of illegal immigrants, proponents of SB 1070 argue, can only help Arizona’s economy.

    “As long as there are legal Arizona residents scrambling for jobs, a slow, steady attrition of low-wage, government-educated illegal aliens is a beneficial facet of the law,” said Bob Dane, a spokesman for the Federation for American Immigration Reform in Washington, D.C., which argues for stricter immigration standards and estimates that illegal immigrants cost Arizona taxpayers $2.5 billion annually.

    But it’s hard to get solid data on illegal immigrants and the economy.

    A 2007 report from the Congressional Budget Office that reviewed 29 studies — but not ones from advocacy groups like FAIR — found that illegal immigrants place a “modest” burden on state budgets.

    Even people whose families use more government services than they pay in taxes still help the economy, said Judith Gans of the University of Arizona’s Udall Center for Studies in Public Policy. In a 2008 study, she found that Arizona immigrants contribute $29 billion annually to the state economy, representing about 8% of its activity.

    When immigrants leave, Gans said, “stores experience dramatic drops in sales. Apartment owners who rent to immigrants have high vacancy rates and risk losing their buildings. Legal workers or renters or consumers don’t generally step in quickly enough to prevent these businesses from experiencing real additional hardship.”

    http://www.latimes.com/news/nationworld/nation/la-na-immigration-phoenix-20100723,0,6111019.story

  3. Julissa February 19, 2013 at 2:09 pm #

    The article is here. http://news.yahoo.com/s/ynews/20100119/ts_ynews/ynews_ts1063

    I think that docking cruises in Haiti is a perfect metaphor of how the well off in the world go about their lives while the poor suffer. It seems like the message being sent is that its rude to go about your usual lives of excess and luxury anywhere that the suffering can see you. Anyone else see that as kinda silly? What your take?

  4. Jong February 21, 2013 at 1:46 pm #

    World Heavyweight Champion – Heith
    YWF Champion – Christian Viper
    United States Champion – Ric F
    Intercontinental Champion – Adam
    Royal Rumble Winner – The Extreme Jeff Hardy

    My music (Modest by Peroxwhy?gen) hits and I walk out. “Ladies and gentlemen, I give you, the Royal Rumble winner: The Extreme Jeff Hardy!” The Extreme Jeff Hardy’s music (Rip It Up by Jets) hits and he comes out celebrating. Many fireworks go off and confetti falls from the roof. “Thanks Seth. Growing up in Staten Island, New York, I was always a fan of professional wrestling. I’ve always wanted to make it big in the business, and here I am!” Shaun Cold’s music (Chic Chic Bang Bang by Dale Oliver) hits and Shaun walks out with a mic. “I’m not here to ruin your party Jeff, infact, I’m here to celebrate.” Shaun hits a Stunner on Jeff. Shaun and I are face to face. Shaun pushes me and I push him back. He attemps a Stunner on me, but I reverse and hit a Stunner on him.

    Andrew Adams vs. Million Man in a Two out of Three Falls Submission match.
    They lock up. Million Man is quick on the attack. He backs Andrew into a corner and starts stomping on his face. Adams rolls out of the ring and grabs the bell. He turns around into a diving elbow from Million Man. Million Man rolls Adams onto the table. Adams delivers a low blow to Million Man and hits a DDT though the table. Adams whips Million Man into the ring and applies the chokehold. Million Man taps out. Adams throws him to the ground and Million Man has a look of disbelief in his eyes. Million Mam rolls out of the ring and grabs a steel chair. Million Man goes back in the ring and superkicks Adams. Million Man wedges Adams’s leg into the chair. Million Man goes to the top and hits the chair with the elbow. Million Mam then puts in the Sharpshooter and Adams taps. They are both at their feet now. Million Man picks up the chair and starts beating Adams with it. Adams is on the ground covered in blood. Million Man wedges the chair between Adams’s arm and starts stomping on it. Million Man picks up Adams and puts in the Full Nelson. Adams taps out. Million Man is celebrating when Adams comes from behind with the steel chair. Adams hits Starship Pain and walks off.

    The cameras are backstage to see me talking to Brett Daniels. “Man what are we going to do about Fortune? They interfere in matches, they aren’t just gaining members, they’re gaining members fast.” “I don’t know Seth…we’ve gotta stop them though.” “Yeah, wait I’ve got it…” Fate Darkshadow and Virus enter the room.

    Seth Hayes and “The Beast” Brett Daniels vs. Fate Darkshadow and Virus in a Backstage Brawl
    Virus attacks Brett and puts him in a boston crab. I go to break it up but Fate stops me and hits me with the Scorpion Powerbomb. Fate grabs a sledgehammer and begins beating me with it. Brett breaks out of the boston crab, but Virus is still attacking him. Shaun Cold enters the room and hits Fate and Virus with a Stunner. Shaun helps me and Brett up. Shaun then hits me with a Stunner and Brett with a Rock Bottom and exits the room.

    “Mr Amazing” Adam vs. Ric F for the United States Championship
    Ric F walks down with Fortune. Adam looks around the ring. Ric F comes up and hits a buzzsaw kick. Ric F picks up Adam and Adam tries to fight back but Ric overpowers him. Ric F hits the Gutwrench Powerbomb and pins Adam. Fortune enters the ring and starts stomping on Adam and kicks him out of the ring. Ric gets a mic. “Seth, there is nothing you can do about us. We will be here forever and we will run YWF.” I walk out with Brett Daniels and The Extreme Jeff Hardy. “So there is nothing I can do Ric?” “Nothing not a thing.” “So I can’t make a match like oh say YWF vs. Fortune in a Extreme Rules Elimination Tag Team Match at the No Way Out PPV?” “Wait…Seth that would be over half the entire roster in one match!?” “Oh I know. The match at No Way Out will definatly weaken the group. The thrid step is total domination! We run to the ring and pick up sledgehammers from under the ring and Fortune jumps the barricade. They run all the way out of the arena. “And Vince, just incase you’re watching, this is my show!”
    Sorry the show is s short guyz. I had another match planned but it went past the 5000 character limit.
    If you want to join the YWF, just post an application below consisting of:
    Name
    Nickname
    Height
    Weight
    Birthday (doesn’t have to be real life birthday)
    Hometown
    Signature
    Finisher
    Theme Song
    Ring Attire
    Style (High Flying, Dirty, Powerful, Showoff, Hardcore)
    Prefered Brand (We don’t have brands yet, but once we get more people to join we might)
    Crowd Reaction (Cheer or Boo)

  5. Lupe March 31, 2013 at 9:02 am #

    what do swiss bank offer??..that all rick people ..and presidents store thier money there!!…

  6. Carroll April 16, 2013 at 4:47 pm #

    College Drop Outs:
    ——————————–
    Are college dropouts more successful than people with good education? It would seem so if you consider that many billionaires are people who dumped college. However, what this hides is the fact that although millions quit studies before completing them, very few of them go on to become rich.

    What the list of the super-rich dropouts signifies is that in business, a top degree is not as important as having the right aptitude, attitude, determination and vision.

    Here are some dropouts who went on to become billionaires:

    1. Bill Gates & William Henry Gates III

    (1955-), along with Paul Allen, co-founded Microsoft Corporation, the world’s largest software maker. Bill Gates, the wealthiest person in the world with an estimated net worth of

    $480 crores (Rs 211,200 crore!),

    is probably the best-known college dropout.

    Gates attended an exclusive prep school in Seattle, went on to study at Harvard University, then dropped out to pursue software development. As students in the mid-70s, he and Paul Allen wrote the original Altair BASIC interpreter for the Altair 8800, the first commercially successful PC. In 1975, Micro-Soft – later Microsoft Corporation – was born. Three decades on, Gates has been Number One on the Forbes 400 for over a dozen years.

    2. Lawrence Joseph Ellison (1944-)

    , co-founder and CEO of Oracle Corporation, founded his company in 1977 with a sum of $2,000. Once a school dropout, he is now, according to

    Forbes , one of the richest people in America with a net worth of around $184 crores. The figure also makes him the ninth richest in the world.

    3. Dhirubhai Ambani—-(1932-2002)

    was born into the family of a schoolteacher. It was a family of modest means. When he turned 16, Dhirubhai moved to Aden, working first as a gas-station attendant, then as a clerk in an oil company.

    He returned to India at 26, starting a business with a meagre capital of $375. By the time of his demise, his company – Reliance Industries Ltd – had grown to become an empire, with an estimated annual turnover of $120 crores!

    Dhirubhai was, in his lifetime, conferred the

    Indian Entrepreneur of the 20th Century Award

    by the Federation of Indian Chambers of Commerce and Industry. A

    Times of India

    poll in the year 2000 also voted him one of the biggest creators of wealth in this century.

    4. Steve Jobs

    Steven Paul Jobs (1955-) and Apple Computer are names that have long gone together.

    Born in the United States to an unknown Egyptian-Arab father, Jobs was adopted soon after birth. After graduating high school, he enrolled in Reed College, dropping out after one semester.

    In 1976, 21-year-old Jobs and 26-year old Steve Wozniak founded Apple Computer Co. in the family garage. Jobs revolutionised the industry by popularising the concept of home computers.

    By 1984, the Macintosh was introduced. He had an influential role in the building of the World-Wide Web, and also happens to be Chairman and CEO of Pixar Animation Studios.

    ==================================================

    MORAL OF THE STORY:-

    we have wasted our time

  7. Dick April 23, 2013 at 2:32 am #

    I’m already 14 years old and in 9th grade. I’m from the dominican republic. Well, im dominican american, because i was born here in the US. I’m caramel colored, have dark brown hair with natural light brown/ ash blonde highlights, and im 5’6. I weigh 97 pounds. IM NOT ANOREXIC. No, I do not want to become a star for the money, the fame, or the glory. I’m thinking about getting my big break from disney channnel. I have taken modeling classes, but am looking into singing and acting classes. I suppose the modeling experience can go into my resume, because I have been on tv about 4 times and in People in Espanol, by way of the fashion shows. (The woman who owns the academy, Celines Toribio, is a celebrity in the spanish world.) Honestly, singing is my true passion. Not to sound too confident, but I’ve been told by many people that i have an amazing voice. I think so too. ;]

    I’m sure that a few of you will answer saying that my “broke parents are trying to exploit me for their own selfish needs” or something like that. NOT THE CASE!!!

    I want to become a star SOLEY because I am one of those modest, sweet, people who everyone loves and who loves everyone. I love being on stage, and I love the happiness that washes over me when I sing, or do anything that has do with performing arts.

    All I would like to know are my chances at becoming a disney channel star as well as the steps I would need to take in order to go through with it…(ex.: agencies, classes, auditions, etc.)

  8. Erika April 23, 2013 at 2:32 am #

    http://www.yesonprop2.com/index.php?option=com_content&view=category&layout=blog&id=35&Itemid=75

    This November 4, Californians should vote YES! on Prop 2 – a modest measure that stops cruel and inhumane treatment of animals, ending the practice of cramming farm animals into cages so small the animals can’t even turn around, lie down or extend their limbs.

    Voting YES! on Prop 2…

    Prevents cruelty to animals.
    It’s simply wrong to confine veal calves, breeding pigs, and egg-laying hens in tiny cages barely larger than their bodies. Calves are tethered by the neck and can barely move, pigs in severe confinement bite the metal bars of their crates, and hens get trapped and even impaled in their wire cages. We wouldn’t force our pets to live in filthy, cramped cages for their whole lives, and we shouldn’t force farm animals to endure such misery. All animals, including those raised for food, deserve humane treatment.

    Improves our health and food safety.
    We all witnessed the cruel treatment of sick and crippled cows exposed by a Southern California slaughter plant investigation this year, prompting authorities to pull meat off school menus and initiate a nationwide recall. Factory farms put our health at risk—cramming tens of thousands of animals into tiny cages, fostering the spread of diseases that may affect people. YES! on Prop 2 is better for animals—and for us.

    Supports family farmers.
    California family farmers support YES! on Prop 2 because they know that better farming practices enhance food quality and safety. Increasingly, they’re supplying major retailers like Safeway and Burger King. Factory farms cut corners and drive family farmers out of business when they put profits ahead of animal welfare and our health.

    Protects air and water and safeguards the environment.
    The American Public Health Association has called for a moratorium on new factory farms because of the devastating effects these operations can have on surrounding communities, spreading untreated waste on the ground and contaminating our waterways, lakes, groundwater, soil, and air. Prop 2 helps stop some of the worst abuses and protects our precious natural resources. That’s why California Clean Water Action and Sierra Club-California support YES! on Prop 2.

    Is a reasonable and common-sense reform.
    Prop 2 provides ample time—until 2015—for factory farms using these severe confinement methods to shift to more humane practices. Arizona, Colorado, Florida, and Oregon have passed similar laws. The Humane Society of the United States, the ASPCA, hundreds of California veterinarians, including the California Veterinary Medical Association; California family farmers; the Center for Food Safety, the Consumer Federation of America, the Center for Science in the Public Interest, the United Farm Workers, and the Cesar Chavez Foundation; Republican and Democratic elected officials; California religious leaders; and many others.

  9. Oscar April 25, 2013 at 1:19 pm #

    http://therearenosunglasses.wordpress.com/the-russian-israeli-mafia-off-limits-to-fbi-us-intelligence/

    The Russian-Israeli Mafia: Off-limits to FBI, US intelligence

    http://onlinejournal.com/artman/publish/article_3479.shtml

    By Wayne Madsen
    Online Journal Contributing Writer
    Jul 11, 2008, 00:19 Email this article
    Printer friendly page

    (WMR) — The same cancer that bankrupted the Soviet Union and the early Russian Federation, namely the Russian-Israeli Mafia — the global organized crime syndicate that uses Israeli government protection and passports to cover their illegal worldwide activities — has so thoroughly permeated the American political and business system that the FBI and U.S. intelligence agencies are virtually powerless to bring the major perpetrators to justice.

    Across the United States, FBI agents have been hamstrung by the Justice and Homeland Security Departments, led by two individuals, Michael Mukasey and Michael Chertoff, whose close links to the Russian-Israeli Mafia in New York and New Jersey have seen case after case involving Russian-Israeli mobsters going un-investigated and virtually ignored.

  10. Phillip May 2, 2013 at 2:32 am #

    Will it be harder to start a new business after health care reform?

  11. Verona May 2, 2013 at 7:29 am #

    Are there any loans that I can get with a bad credit score?

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