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... Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Apartment Owners - "How Many Hats Do You Wear?"3/25/2014 12:00:00 AM by CompleteMarkets Editor This content has not been rated yet. Dear (Customer Name): HOW MANY HATS DO YOU WEAR? Many apartment owners find themselves saddled with more work than they bargained for. Often they wear too many hats: that of a maintenance worker . . . a bill collector . . . building inspector . . . risk manager . . . the list goes on and on. Why not let the insurance experts wear one of your hats? At (Your Agency Name), our specialty is insuring apartment owners. We've got the knowledge and experience to assess your risks and provide the best insurance package for your needs. Our Apartment insurance experts will survey your property, your present policies, and your insurance history to devise the package that's right for you. You won't have to worry about the danger of gaps in coverage or expense of overlapping policies. It's a load off your mind to know you've got the experts working for you. Why not let us review your program? One of our specialists will give you a call in a few days to discuss ...

... x No Thanks Loading.. Apartment Owners - "How Many Hats Do You Wear?"3/25/2014 by CompleteMarkets Editor This content has not been rated yet. Dear (Customer Name): HOW MANY HATS DO YOU WEAR? Many apartment owners find themselves saddled with more work than they bargained for. Often they wear too many hats: that of a maintenance worker . . . a bill collector . . . building inspector . . . risk manager . . . the list goes on and on. Why not let the insurance experts wear one of your hats? At (Your Agency Name), our specialty is insuring apartment owners. We've got the knowledge and experience to assess your risks and provide the best insurance package for your needs. Our Apartment insurance experts will survey your property, your present policies, and your insurance history to devise the package that's right for you. You won't have to worry about the danger of gaps in coverage or expense of overlapping policies. It's a load off your mind to know you've got the experts working for you. Why not let us review your program? One of our specialists will give you a call in a few days to discuss a convenient appointment. Sincerely, (Your Name) Login or Register (for FREE) to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & money when you use our directory of carriers, wholesalers and service providers. Negotiate lucrative ...

...ing so. Agencies that were good collectors would also lose the income that the...

... . Here's a rough, but accurate way to identify your time value: Divide your income by 2,000 (50 weeks x 40 hours/week) . If you make $50,000, you earn $25/hour. Make $100,000 and you earn $50/hour. It's estimated that fewer than 5% of us earn $100,000 annually. If you're earning $500,000 a year, that's $250/hour for every hour you work. What hourly pay did you come up with? According to a Parade magazine study, the average physician in America earns $26.80/hour or $53,600 annually. Does that surprise you? I don't know a single doctor who works only 40 hours a week. A garbage collector in New Jersey can earn as much as the average physician. Here's the challenge: If you want to increase your time value, you must do work that pays you more than you currently earn. You must be rigorous in engaging in those activities that produce at least your hourly value, or more. Doing lower value tasks is the surest way to devalue yourself, limit your income, and reduce your profitability. This "negative leverage" will result in you accomplishing less than you're capable of achieving, and earning far less than you're worth. We all do these tasks, but we want to reduce or eliminate them as soon as possible. If you're in business for yourself and have the talent, skills, and ability to earn $50/hour to $100/hour ...

... test the liquidity of your business. All you need are the formulas and benchmarks to convert this data to meaningful results. Here are the formulas and liquidity ratio benchmarks that you should apply monthly to your Balance Sheet. Running a balance sheet without applying these ratios is like collecting data but never evaluating it: CURRENT RATIO The general liquidity ratio measures your agency's short-term health. If current assets can't meet current liabilities (within 12 months), you need to strengthen your liquidity. Formula: Current Assets/Current Liabilities Benchmark: At least 100% ACID TEST The acid test is a primary liquidity measure used to determine whether the firm can meet its current obligations. Formula: (Cash+ Receivables)/Payables Benchmark: At least 90% RECEIVABLES TO PAYABLES A poor receivables-to-payables ratio indicates a poor collector. Formula: Trade (Co.) (or All) Receivables/Trade (premiums) (or All) Payables. Benchmark: Less than 75% TANGIBLE NET WORTH (TNW) The book' value of your company (not the Book of Business value, which is excluded) . Formula: Total Owners Equity (Treasury Stock subtracted) less Intangible Assets (such as Goodwill, Purchased Renewals or Expirations, Covenants) and any loans to officers or owners that arent likely to be repaid. Benchmark: Should be a positive number unless the agency is in the process of being perpetuated (causing negative TNW) . But in that instance it should be a positively growing number each year toward an eventual positive number. WORKING CAPITAL Measures the extent to which the excess of current assets ...

... been a determination that noise levels in the facilities are within acceptable levels? [ ] Are steps being taken to use engineering controls to reduce excessive noise levels? [ ] Are proper precautions being taken when handling asbestos and other fibrous materials? [ ] Are caution labels and signs used to warn of hazardous substances (e.g., asbestos) and biohazards (e.g., bloodborne pathogens) . [ ] Are wet methods used, when practicable, to prevent the emission of airborne asbestos fibers, silica dust and similar hazardous materials? [ ] Are engineering controls examined and maintained or replaced on a scheduled basis? [ ] Is vacuuming with appropriate equipment used whenever possible rather than blowing or sweeping dust? [ ] Are grinders, saws, and other machines that produce respirable dusts vented to an industrial collector or central exhaust system? [ ] Are all local exhaust ventilation systems designed and operating properly such as air flow and volume necessary for the application, ducts not plugged or belts slipping? [ ] Is personal protective equipment provided, used and maintained wherever required? [ ] Are there written standard operating procedures for the selection and use of respirators where needed? [ ] Are restrooms and washrooms kept clean and sanitary? [ ] Is all water provided for drinking, washing, and cooking potable? [ ] Are all outlets for water not suitable for drinking clearly identified? [ ] Are employees' physical capacities assessed before being assigned to jobs requiring heavy work? [ ] Are employees instructed in the proper manner of lifting heavy objects? [ ] Where heat is a problem, have all fixed ...