PDMarch Data Portal

Ideal Ways to Invest in Oil

Van Pittman • 30/12/2020

Oil is the “Black gold” of the world market and the basis of energy in most countries. These epithets, it would seem, should secure the status of the most profitable basic investment asset for oil. Countries that are unable to mine oil by themselves have contracted foreign companies to do the job. A perfect example is the contract between the Sudanese government and Swedish oil company Lundin Petroleum to produce oil in a war zone.

However, this did not end well following the Lundin Petroleum Sudan allegations where it is said the company paid the Sudanese army and armed vigilantes to forcibly remove the locals from oil-rich areas, resulting in deaths and displacements. This is not the case in most oil-producing countries. There are multiple ways you can invest in oil and make a fortune out of it.

Investment Methods

The following are some ideal ways to invest in oil.

Oil Refining

Direct investment in mining and processing.

The demand, cost, and profitability of subsequent processing products (for example, gasoline) is significantly higher than that of pure raw materials. Prices are much less volatile. Thus, during the period of oil price subsidence, the cost of gasoline does not change so much or does not change at all. The margin forms your income. The option is distinguished by ideal reliability, payback, and profitability. Disadvantage: Building your own refinery will cost you at least $ 100 million.

Oil Production

Direct investments in own production.

The method, of course, is good because you will get a guaranteed source of income and quickly recoup your investment. Whatever the spot price on the market, just pumping oil is still cheaper.

The minimum investment amount is from $ 100 thousand (the cost of the field plus investments in construction and equipment). A good project with several towers and a transport network will cost you $ 5 million. A lot, but not sky-high. Disadvantage: tough competition for promising fields (the weak one is eliminated).

Strategic Portfolio Investments

Long-term investments in shares of oil companies.

You have access to blue chips or young stocks with good growth potential. The spot value of shares depends on the price of oil and the prospects of the investment object (for example, access to new fields). Since the price of oil is a poorly predictable factor, investing only in oil-producing assets carries a high degree of risk. Investments in refining structures are more justified. The largest foreign companies are listed on the New York or London stock exchanges and are united in the Amex Oil Index (XOI).…

Advantages of Legal Business Registration

Dian Brien • 28/12/2020

Before you start a business, it is advisable to take care of the legal aspects. Registering your business can help protect you from suits and for the efficient running of the business. When it comes to registering your business legally, it is advisable to think about the type of business you want.

If you are running the business alone, you will need a sole proprietorship. We also have other forms of businesses like partnerships and also LLCs. It will depend on the nature and the type of business that you will be running. Here are some advantages of legal business registration:

Protect Yourself

One of the main reasons for registering your business is to protect yourself. When running a business by yourself, you are responsible for all the liabilities. This means that you are also likely to fall into debt if your business falls into debt. The benefit of registering a business is to draw a line between you and the business. When you do this, you will be able to protect yourself from any liabilities that are likely to face your business. This is because the business and yourself will be two different entities.

Improve Business Credibility

If you want to make your business more credible and professional, it is advisable to register. When your business is dully registered, clients and other stakeholders will take you seriously. It shows that you have made efforts to set the right structures for your business. When you register your business, you will build trust with all the people you work with professionally. Clients feel safer working with a registered business than working with an individual.

Access to Capital

Financing a business is never easy. Sometimes you need more funds to grow or expand your business. Most financial institutions are hesitant about lending money to individuals because of the high risk involved. If you want easier access to capital from financial institutions or other investors, it is advisable to register your business.

Remain Anonymous

Registering a business can help you to stay anonymous. You can use a business name or a company name that is different from your real name. By doing this, you will stay anonymous, and no one will know that they are dealing with you. It is the best way to go about it when running multiple businesses, and you want to stay anonymous from the ownership or running of the business.…

Reasons a Business Should Become an LLC

Van Pittman • 24/12/2020

Some years back, many people registered their businesses as sole proprietors because they wanted total control over their assets. However, this has changed now as many start-ups are being reported as Limited Liability Companies (LLC). This is because people have realized the benefits of running your business as an LLC.

When setting up a business, there are several forms your business can take. It can be a partnership, sole proprietorship, an LLC,

Here are some of the primary reasons why you should run your venture as an LLC:

To Protect Personal Assets

One of the main advantages of an LLC is limited personal liability. When you run a partnership or sole proprietorship, you and your business cannot be treated as a spate entity. This means that if your business incurs liabilities, personal assets can be used to settle these liabilities.
On the other hand, if your business has become an LLC, you are treated as a separate entity. This means that personal assets are shielded from being used to pay liabilities incurred by your LLC business. Even if you lose the money invested in the venture, personal assets will remain intact.

To Enjoy Tax Benefits

When it comes to tax benefits, LLCs benefit the most. Governments understand the significant role companies play in helping the economy of a country grow, and as a result, LLCs are given tax benefits to attract more investors. When your business operates as a sole proprietorship, it is taxed on everything as it cannot be treated as a separate entity from the owner.

On the other hand, when running an LLC, you have several options in which you can choose to be taxed, either as a corporation, a partnership, or even sole proprietorship. LLCs usually get tax incentives, which can help reduce your tax expenditure.

To Have Flexibility in Management

Another huge benefit of operating an LLC business is that it offers flexibility in management. Running a corporation is much difficult when compared to an LLC. Corporations’ management entails a fixed management structure made up of the board of directors and officials responsible for overseeing policies and the business’s day-to-day running.

LLCs, on the other hand, have a more flexible way of running the business. You do not have to follow the formal structure of corporations strictly. However, you can run your business in whatever way you think is best and explore various options for decision-making.

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Health Benefits of a Low Carb Diet

Dian Brien • 15/05/2018

Lifestyle diseases have become common over the recent years, and have also resulted in many deaths. These are illnesses that come about as a result of how we conduct ourselves, the things we come into contact with and also the type of food we eat. Some of the well-known lifestyle diseases include diabetes, cancer, heart conditions and obesity.

The food you eat plays a significant role in ensuring your body is in good shape. Eating certain types of food may lead to some of these conditions. You should stick to a healthy balanced diet for your general well-being. One plan you can follow as advised by most nutritionists or dietitians is the ketosis diet.

This is a type of low carb diet which triggers the production of ketones from one’s liver, which is later utilized as energy in the body. It keeps the body going, especially when there is minimal food consumption, and this is essential during a weight loss journey. In a ketogenic diet, your meals should have high levels of healthy fats like the olive oil and coconut oil.

It also needs non-starchy vegetables like cucumber and asparagus. Meals rich in proteins and low in carbohydrates are also essential for the ketogenic diet. You can benefit healthwise when you consume this type of food. Here are the health benefits of a low carb diet.

Reduced Appetite

This has been a topic of debate in several quarters, but a low carb diet helps reduce your appetite in the right way. A diet that has minimal carbs will help reduce your appetite significantly, therefore minimizing overeating which is one cause of obesity. Those who take in a low carb diet and high proteins and fats do consume fewer calories.

Increased Weight Loss

Excess fat in your body can be dangerous because it may trigger conditions like heart attack and even diabetes. Consuming a low-carb diet will help you cut off some weight very fast. It is one of the most effective ways of shedding off extra pounds quickly. You get to lose weight rapidly without feeling hungry.

Reduced Insulin Levels

Carbohydrates are broken down into simple sugars once they get to the digestive system, after which they are absorbed into the bloodstream and boost blood sugar levels. Hormone insulin helps regulate the blood sugar levels which can be dangerous when high. Once you reduce consumption of carbohydrates, there will be no need for insulin because your blood sugar will go down. This diet can be of significant benefits, especially to those who have type 2 diabetes.…

Duties of a stucco attorney

Van Pittman • 11/09/2017

Professional ethics are vital in the legal profession to ensure that legal practitioners carry themselves in a manner that is acceptable. In this regard, professional misconduct consists of acts that are in violation of the code of conduct that is observed by constituents of a given jurisdiction. Ethics are highly valued in stucco because lawyers play a fundamental role in the political, social and economic progress. Scholars have noted that the attorney’s knowledge and skill are not to be held by the advocate for his own interest but for the benefit of the society.

In the case of Groom v. Crocker, Lord Denning was at the forefront of setting out the roles of a lawyer. It was fortified that the duties include an obligation to his client, a duty to the profession, a duty to himself and a duty to the court. The collaboration of these duties set a threshold on which lawyers can be guided to practice utmost professionalism. The lawyer’s duties may conflict, but it is the responsibility of the advocate to balance these functions and ensure that preservation of justice. The duties are thereby illuminated as follows;

Duty to client

The lawyer must at all times put the interests of his client before his own in order to administer justice effectively. Confidentiality is a common practice that is accorded to clients and hereby a lawyer must always withhold information that is shared within subsistence an attorney client relationship. The lawyer must also represent his client zealously and diligently. The lawyer should use his best skills and knowledge to take up an arguable point of law that will preserve the interests of his client.

Duty to himself

A lawyer has a responsibility to act reasonably, honorably and morally in the administration of his functions. Professional undertakings require that a lawyer is truthful and forthcoming in obedience of his duties therein. Further, an attorney must not indulge in practices that are likely to bring about a conflict of interests.

Duty to court

An advocate is an officer of the court and therefore has a duty to be truthful and observe the rules of the court. Also, the lawyer must not mislead the court or participate in fraud and misrepresentation of evidence. The advocate must ensure that cases are brought to a close within reasonable time and thereby avoid tendencies that are likely to prolong the case.

Duty to the profession

The legal profession must instill confidence in the public, and this can only be achieved through dutiful practitioners that are observant of the binding code of ethics.…

Ultimate guide to organizing the musical tours

Van Pittman • 10/07/2017

It is a formative experience for artists that are going on tour for the first time. If such musicians have everything worked out, then it should not be hard to organize a successful trip. Each tour presents its own set of challenges, and it’s important to be ready for whatever happens. The blink 182 honda civic tour always pulled great crowds. Here is an outline that will help you organize a great musical tour.

The tour concept

Some of the things to consider when organizing a tour include whether the tour and the show you are going to present is right for you. Once you have figured this out, you need to think about why people will need to give up their money and time to come to the concert and what makes it different from any other concert of the same kind.

The funding

Everyone would like to do the tour for love, but the truth is you need money to organize a successful tour. Therefore, it’s important to think of ways you are going to pay for your trip before you begin. If you don’t strategize on getting the funding model right then, your tour won’t get off the ground.

There are different funding options you can consider. For instance, you could think of hiring venues, security guards, pay support acts and organize ticketing then hope that the room will fill with paying customers. This can be a great option for one gig, but a whole tour can be scary especially if you are just starting out.

The budget

Once you have planned how your tour should be funded, it’s time to spell out the expenses you will have to incur, and this includes transport, artists, per diems, marketing as well as sound equipment and engineer. All these factors should be considered as they play a huge role in the overall tour organization

The media

If you are looking to produce your show, then it means that you will be taking roles you have never done before such as publicity and media. It is not an easy task, and you need to think how you can get free coverage for your event. There are a lot reasons why media outlets should consider giving you free publicity, but there are a few things you need to consider.

First, you need to evaluate the towns that are relevant to your concert and whether your event is bringing in anything new to the town.TV and radio programs are looking to relay relevant information to their listeners, and it’s important to show them that your concert is worth talking about…

Benefits of entrepreneurship

Dian Brien • 29/04/2017

Even with most economies suffering right now, there are so many opportunities that are yet to be exploited. One of the under-exploited sectors is entrepreneurship. Through entrepreneurship, jobs and wealth can be created. However, no emphasis is made to encourage people to participate. In schools, most of the studies focus on preparing students for employment. This is simply because they fail to notice the importance of entrepreneurship, hence the reason why not so many people partake in it.

Here are some of its benefits.

Nationwide benefits

Creates employment

Entrepreneurship is one of the top sources of employment in the world. If a country encoura
ges their citizens to take part in it, it ensures that they create opportunities for their citizens, and help reduce poverty.

Drives development

This is one of the top drivers of development. In case you were not aware, most developments and innovations come from the private sector. In a country where there are economic freedom and proper entrepreneurship, people learn to capitalize on their skills and in the process help develop their nation. That way they create wealth for themselves and the country.

Fosters self-reliance

For a country to be self-reliant, it needs to ensure that it reduces the number of imports. This means that it has to have a thriving economy; and workforce. It should also be able to produce most of the essential items. Through entrepreneurship, industries can be developed, jobs created, and self-reliance made possible.

Individual benefits

As an individual, there are so many things that you can gain by pioneering the spirit of entrepreneurship. Here are some of them

You invest and build what you love

One important thing is that you will be working on something that you are passionate about. For instance, if you like cooking, then you might want to invest in restaurants and other eateries. This is much better and will ensure that you always have fun. A wise saying goes—love what you do and you will never work a single day in your life.

More financial freedom

The money that you make from your investments will give you more financial freedom, enabling you to live a better life. You can buy property, or even invest in other ventures that are important to you.

Choosing an ISP for your business

Dian Brien • 29/04/2017

The internet has changed the way we run things these days, and to ensure that your business stays competitive; you need to have it connected. The fast paced consumer industry attributes most of its success to affordable internet connections and better delivery connections such as fiber optics.

Why your business needs to be connected to the internet

Now that connecting to the internet is affordable, a lot of services have shifted to online platforms. This means that rather than investing in an expensive business intranet, you can subscribe to cloud services and have a network that is not bound to geographical barriers. Simply put, any business that uses the internet to facilitate its activities has more to gain.

Selecting the perfect ISP

Now that you know a few of the benefits that the internet provides, the next step is getting the perfect ISP. An ISP is simply the Internet Service Provider—the company that provides the connection.

Here are some tips to help you compare and find the perfect ISP for your company.

Availability

You have to find out what ISPs are located or offer services to the area where your business in located. You will find 2 to 4 companies offering the services. Don’t make your decision right away; below are some more tips to help you narrow the list down
to the perfect company.

Connection type

Once you know all the companies offering internet connections, make sure that you know the type of connections they use. The most common ones are Wireless and Fiber optic. The latter is much better as it offers more bandwidth and might be cheaper in the long run. However, go for the best depending on the kind of services available to you.

Service quality

Service quality is very important and should be taken very seriously. The better the service, the more your business will have to gain. Avoid services that receive a lot of complaints from their customers. Do some searching on social media to see what kind of reviews and rating they get from their users.

Customer support

Customer support is very crucial, especially if your business fully depends on their services. It is not good to call customer support and wait for 30 minutes before you get a response. This might result in losses for your company. Go for an ISP that has robust customer support.

Prices

Last but not least, the price. Go for a service that is both affordable and reasonable. It is essentially an expense, so make sure that your business can afford it.…