Casual Articles - Business

Indian Textiles
Indian textile tradition is the world's oldest textile tradition. The origin of indian textile can be traced back to the days of indus valley civilisation. Rigveda, the earliest of the Veda contains the literary information about textiles and it refers to weaving. Ramayana and Mahabharata, the eminent Indian epics depict the existence of wide variety of fabrics in ancient India. These epics refer both to rich and stylized garment worn by the aristocrats and ordinary simple clothes worn by the common people. The fragments of cotton material originating from gujarat found in the egyptian tombs support that discovery. There are occasional comments about the textile craft in most of the ancient indian writings as well. Indian textile was also exported to various countries

Unconventional In a Conventional World
Ah, human nature! It's pretty amazing how much the creatures of habit label really sticks to so many of us, 90 to 95% I am quite sure would be a very realistic number! We go through our lives, getting an education and eventually getting out into the real world, securing our 9 to 5 jobs, working for someone who we hope sees the value of our perceived worth.Year after year, we hopefully assess our position in a financial and professional sense, looking forward to the day when we can retire and eventually enjoy the fruits of our labor! Retirement, simply uttering the word conjures up visions of travel, recreation, little or no worries, and the proverbial good life! What is the amount of financial insulation required these days to experience this sequential event, a

Limitations of Liability Thomas J. Hall, JD It’s a provision found in almost every commercial contract: “Vendor shall be liable only for direct damages, in an amount not to exceed $X. In no event will vendor be liable for indirect, special, consequential, exemplary, or punitive damages or for lost profits.” Although the actual words may vary, the meaning is the same:
• The most vendor will pay is $X;
• For certain claims, vendor has NO liability.
Such provisions raise a number of issues:
• They are unfair. Vendor’s liability is capped, but customer’s is not. In other words, vendor knows his or her own maximum liability under the contract, while customer’s liability is unlimited.
• Vendor’s maximum liability - $X – may be inadequate. For example, “X” may be “no more than customer paid under this contract” or “no more than customer paid in the xyz months preceding the event giving rise to the claim for damages.” If we assume customer is paying 10 grand a month, and “xyz” is 12 months, then vendor’s liability is capped at $120,000. While that is not pocket change, is it adequate to cover damage that vendor could cause? How much damage can a vendor cause?
• How much is the contract worth?
• How much is the over-all project worth?
• Will the vendor have a

Internal Training - 5 Ideas To Make It Work
In a previous article I looked at reasons why training is important and how organisations could look at providing training for employees. In this article I’ll consider some practical ways of going about providing internal training. It must be said that internal training is never expected to replace quality external training but what it can offer is a degree of personalisation and employee involvement that even the best training courses may not achieve. By encouraging employees to generate knowledge and add to their own knowledge, the business or organisation can benefit markedly.Peer TrainingPeer training is one person delivering a short training session on some part of the technology the company uses. As it is informal, "students" are likely to be

plary, or punitive damages or for lost profits.” Although the actual words may vary, the meaning is the same:
• The most vendor will pay is $X;
• For certain claims, vendor has NO liability.
Such provisions raise a number of issues:
• They are unfair. Vendor’s liability is capped, but customer’s is not. In other words, vendor knows his or her own maximum liability under the contract, while customer’s liability is unlimited.
• Vendor’s maximum liability - $X – may be inadequate. For example, “X” may be “no more than customer paid under this contract” or “no more than customer paid in the xyz months preceding the event giving rise to the claim for damages.” If we assume customer is paying 10 grand a month, and “xyz” is 12 months, then vendor’s liability is capped at $120,000. While that is not pocket change, is it adequate to cover damage that vendor could cause? How much damage can a vendor cause?
• How much is the contract worth?
• How much is the over-all project worth?
• Will the vendor have

Get Equipment For Your Home Business With A Personal Loan!
However, there is nothing to fear as it is always possible to get a personal loan that adjusts to your particular needs given that personal loans are the most flexible financial sources in the loan market. For this kind of venture you normally need finance for purchasing equipment, maybe computers, a printer, or provisions for whatever production is in your mind. Obviously, this implies a fair amount of money, but personal loans can provide any range of funds provided that you meet the requirements for approval.Personal Loans And Lines Of Credit There are personal loans and personal lines of credit available to obtain finance to fund your home business. Personal loans provide a predefined amount with an agreed repayment program that you’ll have t

unfair. Vendor’s liability is capped, but customer’s is not. In other words, vendor knows his or her own maximum liability under the contract, while customer’s liability is unlimited.
• Vendor’s maximum liability - $X – may be inadequate. For example, “X” may be “no more than customer paid under this contract” or “no more than customer paid in the xyz months preceding the event giving rise to the claim for damages.” If we assume customer is paying 10 grand a month, and “xyz” is 12 months, then vendor’s liability is capped at $120,000. While that is not pocket change, is it adequate to cover damage that vendor could cause? How much damage can a vendor cause?
• How much is the contract worth?
• How much is the over-all project worth?
• Will the vendor have

Business - Did You Understand That?
There are times in the corporate world where we may get frustrated with our boss. They may even say things we may agree with, but sometimes they won’t even make sense.The following statements are from memos or emails from some well known national and international businesses. The names of the businesses have been removed to avoid any unintentional embarrassment.As of tomorrow, employees will only be able to access the building using individual security cards. Pictures will be taken next Wednesday and employees will receive their cards in two weeks.What I need is a list of specific unknown problems we will encounter.How long is this Beta guy going to keep testing our stuff?E-mail is not to be used to pass on information or data. It sho

may be “no more than customer paid under this contract” or “no more than customer paid in the xyz months preceding the event giving rise to the claim for damages.” If we assume customer is paying 10 grand a month, and “xyz” is 12 months, then vendor’s liability is capped at $120,000. While that is not pocket change, is it adequate to cover damage that vendor could cause? How much damage can a vendor cause?
• How much is the contract worth?
• How much is the over-all project worth?
• Will the vendor have

Rental Cars, Building a Business that Never Goes Out of Style
Why start a car rental business? Well a rental car company makes a lot of sense for many reasons, not the least of which is because rental cars are utilized by many companies for their employees, and for pick-up and drop-off services.In order to start a rental cars business, carefully examine and analyze the viability of the idea. Research and study of your car rentals competition can help you decide whether your venture is a wise one or not. Is there a demand for rental cars in a particular location? Are people out looking for rent a car deals? Are they looking for cheap car rentals? If there is a demand for rental cars, what is the extent of the demand? Who rents cars, individuals or businesses? So many questions, it's crucial to ask them all and more!

capped at $120,000. While that is not pocket change, is it adequate to cover damage that vendor could cause? How much damage can a vendor cause?
• How much is the contract worth?
• How much is the over-all project worth?
• Will the vendor have access to sensitive/valuable information?
• Will the vendor have access to sensitive systems or facilities?
Being good business persons, vendors will resist expanding their potential liability, and they will offer a variety of arguments in opposition. Some of these arguments carry more weight than others:
• “We cannot accept unlimited liability.”
Customer is not asking for unlimited liability, just responsibility. Customer should not bear a loss resulting from errors or omissions of vendor. Curiously, standard language routinely exposes customers to unlimited liability.
• “Our pricing tied to the amount of liability we can accept.” Again, customer is simply looking for responsibility. In addition, a great price combined with an unacceptable level of risk is not a good deal. A customer who is concerned only with price may be persuaded by this argument. Customers willing to assess the project as a whole may decide that the “great price” is not a good deal after all. There is nothing wrong with telling a vendor “N

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Transnational Corporation, on Tuesday, said that British Telecom had not pulled out of the technical services agreement between the two companies for the management of NITEL and its mobile subsidiary.

If you do medical billing, most likely you use computers. So what happens when the power goes out? This article takes a look at some backup plans that are good to have.

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