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Commodity trading is a popular alternative to trading stocks and forex. It provides many huge benefits for those who dare try it and trade properly. However, there are also huge risks that come with the benefits. Check them out below. 

The Ups 

Serves as a Safe Haven 

Even if many investors do not feel super confident about investing in commodities, assets and precious metals like gold, silver, and platinum remain one of the most popular safe haven assets in the financial markets.  

They can offer solid protection especially during times of high inflation and periods of economic turbulence. Investing in them allows you to have some room for adjustments when tough times come. 

Helps a lot with Diversification 

To implement a good asset allocation plan, you have to have a well-diversified portfolio. And when it comes to diversification, commodities are a major component. 

Investing in stocks and bonds is only the first step; you should also invest in raw materials. Doing so means you’re not going to lose all that you have if ever the capital markets crash.

In addition, having stocks, bonds, and commodities in a portfolio ensures better risk-adjusted returns and lower portfolio volatility, since the slumps in commodities would be offset by a rise in stocks or bonds. 

Transparency 

Commodity trading is a highly transparent process. The steps of the transactions result to fair price discovery, which is handled by large-scale participation. The massive size of participation also reflects different views and outlook of a wider section of people who are dealing with that commodity. 

Highly Profitable Returns 

It is a known fact that commodities are somewhat riskier than other investments, since it sports larger price swings, making them more highly volatile. Companies may hit the jackpot on a resource or totally lose it. You can take advantage of this and make profits as long as you have a solid plan for your investments. 

Protects you Against Inflation 

When the economy is slumping, the money weakens and becomes less valuable. And inflation occurs. The prices of commodities typically go up when inflation is high and prices of raw materials go high. Adding some commodities in your portfolio will help you get something out of this upswing. 

The Downs

Trading Speed 

There was a time when commodities were traded in pits. That means if you wanted your order to be executed, you needed to ask your broker to transmit your order to the pit trader. After executing, the pit trader will inform your broker who will then inform you. Because of this tedious process, risk of slippage is high. 

Leverage

There are times when poor margin requirements encourage careless money management. That means you’d be taking more unnecessary risks. Bear in mind that leverage multiplies your chances of losses as well as your chances of winning. 

High Risks 

As mentioned, trading commodities is a highly risky business. And that’s a bit of an understatement. Most traders regard commodities trading as a game for experts. 

When trading commodities, you will have to decide how much risks you want to take on. You can choose to trade carefully and risk only a couple hundred bucks for each trade. But that would also mean lower profits. 

 

LLC stands for Limited Liability Company. It provides reasonable protection to businesses incurred by significant obligations and debts. So, forming LLC in New York can be a great stress-buster for you. Your creditors will no more ask you to pay back your debts with your company’s assets. Follow the steps given below for creating LLC in New York State properly.

  • Choose an LLC Name: Start by choosing a proper LLC name according to the state’s protocol. Name it as either Limited Company or Limited Liability Company or an abbreviation of any of these. Your chosen name shouldn’t be an imitation of any other business of your state.
  • File Articles of Organization: File Articles of Organization at your state’s corporate office for making an LLC in NY properly.
  • Manager vs. Member Management: You can run your LLC by its direct members or some external members according to your choice.
  • Make an LLC Operating Agreement: Make an operating agreement for your LLC. It will provide you a clear idea about the exact mode of operation and management of your LLC. Hire a registered agent: A registered LLC agent will handle all the legalities on your behalf if your LLC gets sued. He/she must also have a physical residence in the state where you’re establishing your LLC. In this case, New York.

So, when you’re setting up LLC NYC, it should be done in the right way. To do that, follow the five tips given above correctly. It will let you set up a perfect LLC by adhering to New York’s legal rules and regulations.

You may not realize it, but the benefits of industrial etching are all around us. They’re in our homes, our workplaces, and even outer space. Chemical tooling is a detailed manufacturing process that can make metal parts large and small that are essential in our modern society. Here are some of the remarkable items made possible thanks to etched metal parts. 

1. Smartphone Parts

What you hold in your hand every day is a product of the power of etched technology. Smartphones have many metal parts inside that were chemically etched, including battery cells, speaker grills, and EMI/RFI shielding. Sometimes these parts can be salvaged or remade from old phone parts, which is why smartphone recycling is a beneficial practice to consider.

2. Telescopes

From powerful building-sized telescopes to your father’s tripod, digital tooling makes a lot of the tiny parts required for telescopes to see the heavens. If you think about it, the amazing things we have seen from the Hubble telescope would not have been possible without etched parts like the ones inside this famous telescope. Since its launch in 1990, Hubble continues to observe phenomena in space.

3. Microscope Objectives

Industrial grade tooling helps make the parts that observe things close up as well as far away. Tiny springs, gaskets, shims, and other components help build these useful tools. Microscopes play important roles in medical, scientific, welding, and manufacturing applications. For example, they are applied in the examination of quality control checks in assembly lines.

4. Medical Equipment

The equipment laid out on a surgeon’s table is made in the same way as the parts in a microscope. You guessed it – chemical tooling. Scalpels, foreceps, and mesh screens are some of the many medical devices that surgeons and dentists use every day. These special items must be precise in their applications. The intricate etched process ensures this is made possible. 

5. Spacecraft Parts

Astronauts depend on their equipment for survival in space. Every part that functions in a spacecraft is vital, from large pieces to small. Leaf springs, antennae, clip-on and board-mounted battery contacts are just a few of the countless parts inside a spaceship. Communication, travel, and a hospitable environment all depend on how these pieces perform. The safety of these astronauts begins with the parts being fine-tuned through the tooling process of chemicals. 

Etching helps make some pretty cool stuff, right? That’s not the whole list, either… chemical tooling makes a lot more. Technological advancements have helped sharpen this process by harnessing UV light and chemically cutting the material down to fractions of a single millimeter. The next time you use your smartphone, think about etching. 

Sources

Sources of Inspiration:

https://www.uweinc.com/photo-etching/everyday-objects-that-use-photochemical-etching/

https://www.precisionmicro.com/chemical-etching/

https://www.harvardapparatus.com/surgical/surgical-instruments-tools.html?p=3

https://www.microscopeworld.com/c-290-industrial.aspx

There are several small business organizations and small business owners who have never come across the term high risk merchant account. And one thing is that they (small business) cannot identify their business as high risk until they find it out by some source or as the case may be. From the point of view of the merchant providers, it is more often a sign that there is a greater risk in your business for chargebacks. And another factor in high risk merchant account is that it has got nothing to do with how you work or how your business is performing. 

High Risk Factors

Now, there are many reasons as to why some of the businesses are defined as high risk merchant account. Now, if you understand this then it will further help you to understand how the merchant services work, and through this, you can identify one of the best payment processing team to work with your business. There are some factors which can simply make your business a target for high risk and some such factors are as follows – 

Work from home, now in this the location of your work really matters a lot. A home-based business is at more risk plans for the payment processors. And for this purpose, if you do business out of the country then this can put you as a high risk merchant account. So, you should keep in mind while doing any kind of such transactions, etc. Then another important thing is the duration of time in which you have been in business. Then, your past with other merchant accounts also matters. All you should do is keep your records and be genuine when you are into shopping for a novice merchant partnership. Then comes, the rate of chargebacks, much cannot be said about this topic, but is advisable that you avoid the chargebacks as much as possible. 

Create Policies

Also, one of the most important things while using high risk credit card processors is that you have to create strategies to solve various kinds of customer problems, plus, offer refunds, and also communicate very well with your customers to avert them. It is also possible that you are working in the area which is one of the identified high-risk trades. From the point of view of payment processing partnership, some trades are riskier than others. Also, you have to improve your credit, so that you become more satisfactory risks for business associates to accept. 

Impact on Your Business

For example, if you are selected as a high risk merchant account, it would mean that your account will have to go through, extra inspection, so that you can get the merchant services. It can also happen that limitations can put upon your number of transactions per month, also are required to have a certain amount of cash reserve. And in many cases, it can happen that you will have to pay higher charges or processing rates, so that you can get varieties of merchant services due to the high risk position. And it may happen that some providers would deny working with you. 

As we head towards the winter and the darker nights, businesses should consider their risk of burglary and introduce new measures to protect their premises, assets, and staff. You’ll need much more than a standard burglar alarm system and 999 on speed dial if you want to outmanoeuvre today’s criminals – below, we’ve put together some tips on boosting security.

Consider CCTV installation

 

Whilst it may seem expensive initially, CCTV installation is one of the best ways to give your business added protection against criminals, and peace of mind when you’re away from your premises. Perhaps one of the biggest benefits of CCTV installation is that, as well as being a deterrent to most criminals, it protects you should your business fall victim to crime. You will not only have evidence of a burglary or other wrongdoing, but you can prove it to your insurance company and ensure you’re protected financially. Paying a third-party facility management company to monitor your CCTV and provide on-the-ground security can help.

Know who’s coming in

Unless you’re a customer-facing business and see hundreds of clients at your office space each day, the chances are that you’ll only welcome guests occasionally. Because of this, you should invest in a system that allows you to track who is coming into your premises, and who is leaving. You could go down the old-fashioned route of a visitor’s book, but a self-service system could prove to be an alternative, welcoming guests into your premises and collecting information on them. This can prevent unwanted visitors, account for everyone in your office at any one time, and also allow you to collect data for future marketing and sales purposes.

Don’t forget about your staff

In the UK, employee theft costs businesses more than £190 million every year. It’s vital that you know who has access to sensitive information and money and vet them regularly to ensure they’re performing with your company’s best interests at heart. Employee theft can have a significant impact on your business, so create a policy, supervise staff carefully, and be sensitive when handling a potential theft; collect evidence before you go in for the kill.

Plan for the worst

Something else that businesses should do is make a plan for the worst-case-scenario. It’s an unfortunate fact of life that crime does happen, and whether it’s a break-in, a robbery, or even a terrorist attack, having a plan in place will give you added protection. Think about how you can secure sensitive business assets, have dedicated contacts to hand, and think about how your staff can be protected from physical harm; you may need a secure room.

Think about locks

Finally, think about locks in your office space. Who has access, when were the locks last changed, and do they work? More advanced technologies such as contactless keyless entry or even facial recognition entry could be offered as an alternative to both streamline the locking and unlocking process, and protect your office space and assets from entering into the wrong hands. Some measures may seem extreme, but they’re vitally important.

There you have it – some tips on boosting office security. Stay tuned for more tips and tricks on running a safe and successful business, and leave your questions in the comments.

Frequently your staff is outfitted to take care of precautionary air compressor maintenance in-house. Yet, one mistake that people often make is that some equipment drivers are less educated when it concerns an air system’s total complexities. This can trigger problems when you consider how costs can accumulate yearly with just slight quantities of daily ineffectiveness. It’s not sufficient when your team is just educated on the fundamental procedures of machine procedure yet do not have a broader understanding of how air compressors function.

The operation, as well as management of an air system, requires an in-depth knowledge base that expands past a straightforward handiness with the devices. In order for air compressors to be operated effectively, every person on the team needs to recognize the rates of operation. To that end, all staff should be educated on energy conservation and the partnership in between the numerous components within an air system.

However, there are a few tasks that are better off being done by an air compressor maintenance specialist, even more so if the device is large or complicated. Unless your company is staffed with highly skilled workers to take care of air compressor maintenance tasks, it’s ideal to speak to a professional for the following:

  • System safety-shutdown inspections
  • Relocation of large, hefty air compressors
  • Motor replacement
  • When mechanical malfunctions occur
  • When you don’t have qualified staff to deal with your compressed air systems

When you work with a professional for these and various other time-consuming and potentially harmful tasks, it can save you money and time, as well as additionally ensure that the task is done properly. Specialist air compressor maintenance makes certain utmost safety and security for the harder facets of the job.

Making a Compressed Air Preventive Maintenance Plan

To make sure optimal performance, minimum downtime, and reduced repair service costs with your air compressor, follow your precautionary maintenance checklist according to routine. Depending on the needs of an offered part, upkeep needs to be carried out daily, regularlyon a monthly basis, on a quarterly basis, or on a yearly basis.

When you do preventive upkeep according to a list, your air compressor, as well as its components, will last longer and do more successfully. Preventive upkeep makes it possible to detect problems beforehand, prior to they cause serious system damages and lead to costly repair work, as well as downtime. You can invest the money you conserve with precautionary upkeep back right into your company’s facilities and staff.

If you have ever been involved in an auto vehicle accident, you will accept as accurate with the incident will be very stressful, painful, chaotic, and confusing. This can be to the extent of being completely disoriented and confused, not knowing what to and do.

In many states, filing for compensation after a personal injury is legal. Also, the law permits you to induce agency to ensure sleek filing of your legal proceeding and better possibilities of receiving fair compensation for damages. However, there are some common blunders which might hinder you from receiving even one penny for the traumatizing expertise you have been through. These mistakes include

  1. Failure to Call The Police

It is essential to call the police to the accident scene and create an accident report also known as a police report regarding what happened and the injuries you sustained from the accident. The accident report could be a crucial piece of proof within the filing of a claim. Without it, the liable party could deny being guilty, which may ruin your injury claim.

  1. Failing to Contact a Lawyer Immediately

After you sustain a personal injury from an accident, It is crucial to hunt the assistance of an expert and knowledgeable personal injury lawyer. Think about consulting with a knowledgeable and reliable car accident lawyer to understand your legal options. You may think that you can able to handle the accident case on your own and even with the success file for a personal injury claim. However, having the correct agency will add leverage to your situation, increasing your possibilities of receiving truthful compensation.

  1. Failing to Keep Medical Documentation

Showcasing of proof is one amongst the foremost essential elements of winning a case. Documentation could be a pivotal contributor to, and it goes an extended means in serving to your legal proceeding. You ought to take photos of your injuries, car damages and anything associated with the scene of the accident. You should additionally keep a record of your medical records after seeking treatment. This could be used as proof before the jury and insurance adjusters to indicate precisely the pain and suffering you have been through.

  1. Not Seeking Medical Attention.

No matter how minor your injuries are, seeking medical attention is incredibly vital for your health and your case. Failure to seek medical care could also be used against you once filing for a personal injury claim or lawsuit. The suspect (negligent party) may say that you were not extremely hurt within the accident. Moreover, even insurance adjusters could mean that your claim is worthless as a result of you were not injured within the crash. Failing to hunt medical attention once an accident can also lead to future health complications due to undetermined injuries. In lightweight of this, it is elementary to go to a doctor at once if you are involved in an accident. This can be permanently health assurance and to cement your possibilities of being rewarded relatively.

  1. Contact  With Other People Before/After Hiring An Attorney

You should avoid talking to people regarding the legal aspect of your case before hiring an attorney. Abstain from issuance statements of any kind to your physician or insurance adjusters. As a result of no matter, you can be twisted out of context and used against you. This might eventually ruin your injury claim. Even once securing the services of an honest attorney, you should not seek advice from the other people particularly insurance adjusters, without the permission or superintendence of your professional attorney.

  1. Waiting to file your claim

Every state has a time limit over that a private injury victim should file a claim. For instance, within the state of Illinois, this can be restricted to 2 years from the date of the accident. This might appear to be an extended amount of your time. However, it quickly elapses due to frequent visits to the doctor and therapists. Once you fail to file your claim inside the prescribed time as per your State, your claim could also be dismissed. The surest means of avoiding these mistakes is by consulting the consultants during this field. You will need a reliable and professional Ontario Personal Injury Attorney to assist you out.

Currently that you know of what you ought to not do to ruin your injury claim, you should obtain an attorney for additional steerage on your case.