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  • Actual for You - Romania: Investing in a Land of Unexpected Opportunity

    High Definition Update: Paul Wheeler Interview
    High Definition Update - Paul Wheeler InterviewIn July 2005, I wrote an E-Zine with the headline “High Definition – When?” At the time we saw little demand for HDCAM equipment aside from some clients in the U.S. Seven months later, the situation has changed dramatically. We added two Sony HDW-F900 HDCAM camcorders (Sony’s top of the line HDCAM camera for television and/or cinema) to our stock in January 2006 because of growing demand and see this as the beginning of a trend. And we have just taken a booking for a multi-camera shoot in March with six HDW-F900s.Interview With Paul Wheeler – Soon Available on DVDWith this increase in demand, we recently hired Paul Wheeler BSC, a highly experienced film and digital cinematographer who wrote the book, “High Definition & 24P Cinematography”, to run some workshops for us. While he was here, I interviewed him. We are going to make available DVDs with an edit of the interview. If you’d like one, contact me at cal@procamtv.com.BBC – Drama and High DefinitionOne of my first questions to Paul was about the apparently sudden leap in demand for HDCAM. Paul’s response: “Five years ago the BBC was saying within two years everything they record will be on high definition. Three months ago they said everything we record in two years time will be on high definition so trying to predict what happens is very difficult. The BBC who wanted to move in that direction haven’t moved as fast as they wanted to. But that’s not a technical problem. That’s a problem with persuading producers that using a new technology is safe. And I think this year (2005), we’ve just begun to see the confidence in the system and I’m very hopeful that we’re now going to see a cascade effect. Where a couple of very expensive period dramas have been done on HD,
    ich offers an alternative to the over-priced hotel room rates in the city, and with a pretty good occupancy rate, rent the apartment on a daily or weekly basis at 50 Euro per night.

    Our friend is just one of countless foreign citizens and Romanians who have already profited greatly from investment in the Romanian real estate market. Yet, as you will soon discover in this article, there are still better deals out there to be had then the one he and others have so far benefited from. While the prices have already jumped significantly in recent years, the near-certain speculation is that they will continue to rise dramatically until the time of the ascension of Romania into the European Union. The certainty of this speculation is bolstered by the 10% rise in cost of houses, apartments, and property in Bucharest over the p

    IT Usage in the Apparel Industry
    The Indian Apparel and Textile industry is largely fragmented with the largest player having less than 2% of the market share. Apart from contributing the highest net export earnings (16 percent), it contributes about 14 percent to the total industrial production and 4 percent to the GDP. It is a labour-intensive industry that provides large-scale employment especially for women since it is non-hazardous, thus creating a level-playing field for them in terms of job opportunity. It is the second largest employment provider in India after agriculture. (Annual Report, 2005-2006, Ministry of Textiles).For an industry of this stature and size, the usage of IT by the Indian apparel industry has been woefully inadequate. North American and European apparel companies spend about 3 to 5% of their revenues on IT. The Indian apparel industry in contrast, has typically invested less than 1%.Historically there have been many reasons for this low usage.1) Earlier most of the software suppliers in the Indian market have been North American or European companies for e.g., in the case of CAD, the earliest vendors in the Indian market were Gerber and Lectra. In 1995 CAD solutions were available for about USD 45000! Today the same solution is available at USD 15000.2) Earlier vendors had proprietary solutions that were not compatible with other applications. Customers who bought a CAD system had to buy it from the same vendor the next time; this was used for 'vendor lock-in’. Often this meant that the vendor had no incentive for quality support or for innovative research leading to reduced prices.3) The small pool of professionals trained on IT applications of the apparel industry meant there were not enough people who could be recruited from the market in case someone change
    I have to admit it. I had almost no knowledge of the country of Romania just five short years ago, when I came here for the first time. What came to my mind were images of Dracula, Frankenstein, and under-cared for orphaned children, the kind that were featured in fund-raising specials that appeared on television when I was a kid. At least I can say that I knew for sure that it existed, and so did it's province of Transylvania. That's partially contrary to what I was taught in elementary school, by the way, when our teacher assured us that Transylvania was only a storybook land and therefore we need not be frightened that the horrible creatures that inhabit it actually exist!

    Today, five years later, I have a radically different and much more well-informed view of Romania. The things that used to come to mind about this country, rarely do anymore. When I think back about my old preconceptions of Romania, it never ceases to take me aback the great difference between the infamous legends and surprising reality about this country.

    Now, instead, I am captured by many of the same things that ancient Roman emperors like Cesar and Napoleon found so alluring about this place. (Romania was a part of the Roman Empire and takes it name from the Latin word for Rome.) From incredible natural resources to majestic mountain and seaside landscapes, Romania is a place that has a little of everything you would find elsewhere and a number of things you can't find anywhere else. And as for Transylvania, my teacher was right on one point - it is a storybook land- but, on the contrary, for it's beauty and that of it's people.

    Ultimately as concerns Romania though, the most important discovery I made in my search for the truth about this land of legends, is the tremendous real estate investment potential that exists here.

    Romania presents the investor with an exceptional opportunity to benefit from the ascension of an eastern block country to the European Community. The timetime line this opportunity, however, is limited. Romania is one of the last European countries in ascension talks with the EU and it is projected to enter in either 2007 or 2008. The expectation around this hallmark event has resulted in much needed economic and government reform, making conditions more suitable for foreign investment.

    The pre-ascension excitement has also given way to a dramatic increase in real estate prices in recent years, especially in major cities and tourist areas. For example, a friend of ours bought a 2-bedroom apartment in central Bucharest in early 2002 for $25,000 USD. Today his apartment is valued at 75,000 EURO ($100,000 USD) and the amount of interested buyers is more then sufficient.So much so, that potential buyers have actually posted advertisements on the entry door to his apartment building stating that they are eagerly looking to buy an apartment in the building or a nearby one. This friend of ours can choose to sell his apartment today at a significant profit or hold on to it until closer to the actual ascension of Romania to the EU, allowing him to benefit from the greatest possible appreciation in value of his property. During the mean time, he could continue to rent out the apartment at 700 EURO ($890 USD) a month or get in on the burge oning short-term rental market which offers an alternative to the over-priced hotel room rates in the city, and with a pretty good occupancy rate, rent the apartment on a daily or weekly basis at 50 Euro per night.

    Our friend is just one of countless foreign citizens and Romanians who have already profited greatly from investment in the Romanian real estate market. Yet, as you will soon discover in this article, there are still better deals out there to be had then the one he and others have so far benefited from. While the prices have already jumped significantly in recent years, the near-certain speculation is that they will continue to rise dramatically until the time of the ascension of Romania into the European Union. The certainty of this speculation is bolstered by the 10% rise in cost of houses, apartments, and property in Bucharest over the pe

    Cut Down On Business Paperwork With HR Workflow Management Software
    At its simplest definition, workflow is the movement of documents and/or tasks through a work process, and for many people, the idea of Human Resources and workflow in business involves the improvement of processing paperwork. Workflow is the operational aspect of a work procedure: how tasks are structured, who performs them, how they are synchronised, how tasks are tracked; the tasks involved in determining workflow are numerous and can have a serious impact on a business' productivity. The most common HR processes include appraisals, new starters, maternity, absence, holiday booking and leavers.Workflow involves various components and people and each facet must integrate with the others in order to process and complete a task. For example, an employee wants to book a holiday and fills in a paper form. Details of the holiday from will be delivered to the employee’s line manager, who will check to see if there is sufficient cover before authorizing the holiday. The paper form is then delivered to the HR department who then makes a note of details of the employee’s holiday and subtracts the time from the employees holiday balance. The employee then receives a form showing that the holiday has been authorized and details of their new holiday balance.Workflow is critical to driving greater efficiency within HR. It is a process which delivers the right work to the right people at the right time, eradicating the need for highly labour intensive activities and considerably reducing the need for paper to be pushed around the office. In essence Workflow can help to reduce costs, improve productivity, provide faster processing times and of course is a major player in helping to sustain the world’s declining tree population. A HR process may require interaction from many departments. Therefo
    s country, rarely do anymore. When I think back about my old preconceptions of Romania, it never ceases to take me aback the great difference between the infamous legends and surprising reality about this country.

    Now, instead, I am captured by many of the same things that ancient Roman emperors like Cesar and Napoleon found so alluring about this place. (Romania was a part of the Roman Empire and takes it name from the Latin word for Rome.) From incredible natural resources to majestic mountain and seaside landscapes, Romania is a place that has a little of everything you would find elsewhere and a number of things you can't find anywhere else. And as for Transylvania, my teacher was right on one point - it is a storybook land- but, on the contrary, for it's beauty and that of it's people.

    Ultimately as concerns Romania though, the most important discovery I made in my search for the truth about this land of legends, is the tremendous real estate investment potential that exists here.

    Romania presents the investor with an exceptional opportunity to benefit from the ascension of an eastern block country to the European Community. The timetime line this opportunity, however, is limited. Romania is one of the last European countries in ascension talks with the EU and it is projected to enter in either 2007 or 2008. The expectation around this hallmark event has resulted in much needed economic and government reform, making conditions more suitable for foreign investment.

    The pre-ascension excitement has also given way to a dramatic increase in real estate prices in recent years, especially in major cities and tourist areas. For example, a friend of ours bought a 2-bedroom apartment in central Bucharest in early 2002 for $25,000 USD. Today his apartment is valued at 75,000 EURO ($100,000 USD) and the amount of interested buyers is more then sufficient.So much so, that potential buyers have actually posted advertisements on the entry door to his apartment building stating that they are eagerly looking to buy an apartment in the building or a nearby one. This friend of ours can choose to sell his apartment today at a significant profit or hold on to it until closer to the actual ascension of Romania to the EU, allowing him to benefit from the greatest possible appreciation in value of his property. During the mean time, he could continue to rent out the apartment at 700 EURO ($890 USD) a month or get in on the burge oning short-term rental market which offers an alternative to the over-priced hotel room rates in the city, and with a pretty good occupancy rate, rent the apartment on a daily or weekly basis at 50 Euro per night.

    Our friend is just one of countless foreign citizens and Romanians who have already profited greatly from investment in the Romanian real estate market. Yet, as you will soon discover in this article, there are still better deals out there to be had then the one he and others have so far benefited from. While the prices have already jumped significantly in recent years, the near-certain speculation is that they will continue to rise dramatically until the time of the ascension of Romania into the European Union. The certainty of this speculation is bolstered by the 10% rise in cost of houses, apartments, and property in Bucharest over the p

    Rare Postage Stamps
    Postage stamps are extensively used in the US. They are used on mails, envelopes and packages and help post offices ascertain where they are to be delivered. Stamps are made in the U.S. every day but the manufacturers of some stamps have been prevented from doing so. This is the reason that the stamps manufactured by such companies have become rare.The first postage stamp issued in the world was in 1840. This stamp was introduced by the British and was named One Penny Black. These stamps were imperforated and had to be cut with scissors. They had a picture of England's queen, Victoria, printed on it. The unused samples of these stamps are very rare to come across. For small countries stamp collectors, who collect rare stamps can prove to be a source of revenue for both, the country as well as the individuals.Some collectors that observe the rise in prices of rare stamps indulge in Philatelic Investment. Stamps prove to be the most potable of tangible investments. Rare stamps offer an attractive and striking alternative to art, valuable and precious metals and other collectible investments and are easy to store.Recently, sale of some rare stamps in the world had fetched about 350,000 francs and attracted a considerable amount of interested individuals. This recent sale has directed the minds of many people to the curious and interesting branch of collecting stamps known as philately. There are eleven extremely strange and rare stamps in the world. The Two Penny Blue was one of the earliest stamps made in Britain and it lacked the country's name. The 'Mauritius Post Office Error' was also one of the world's rarest. These stamps had the words "Post Office" instead of "Post Paid." Another stamp that falls under this category is the "Hawaii Missionary Stamps". An unused set of
    rns Romania though, the most important discovery I made in my search for the truth about this land of legends, is the tremendous real estate investment potential that exists here.

    Romania presents the investor with an exceptional opportunity to benefit from the ascension of an eastern block country to the European Community. The timetime line this opportunity, however, is limited. Romania is one of the last European countries in ascension talks with the EU and it is projected to enter in either 2007 or 2008. The expectation around this hallmark event has resulted in much needed economic and government reform, making conditions more suitable for foreign investment.

    The pre-ascension excitement has also given way to a dramatic increase in real estate prices in recent years, especially in major cities and tourist areas. For example, a friend of ours bought a 2-bedroom apartment in central Bucharest in early 2002 for $25,000 USD. Today his apartment is valued at 75,000 EURO ($100,000 USD) and the amount of interested buyers is more then sufficient.So much so, that potential buyers have actually posted advertisements on the entry door to his apartment building stating that they are eagerly looking to buy an apartment in the building or a nearby one. This friend of ours can choose to sell his apartment today at a significant profit or hold on to it until closer to the actual ascension of Romania to the EU, allowing him to benefit from the greatest possible appreciation in value of his property. During the mean time, he could continue to rent out the apartment at 700 EURO ($890 USD) a month or get in on the burge oning short-term rental market which offers an alternative to the over-priced hotel room rates in the city, and with a pretty good occupancy rate, rent the apartment on a daily or weekly basis at 50 Euro per night.

    Our friend is just one of countless foreign citizens and Romanians who have already profited greatly from investment in the Romanian real estate market. Yet, as you will soon discover in this article, there are still better deals out there to be had then the one he and others have so far benefited from. While the prices have already jumped significantly in recent years, the near-certain speculation is that they will continue to rise dramatically until the time of the ascension of Romania into the European Union. The certainty of this speculation is bolstered by the 10% rise in cost of houses, apartments, and property in Bucharest over the p

    What Are You Worth
    My millionaire mentor taught me another way you can quickly increase your income is to find out what are you worth. Let’s say you work for one company. Can you go out and look for more job options with other companies? To be in a stronger position to negotiate what you want to have is at least 3 or more alternatives where you could work.If you had 3 or 4 companies that would be interested in your services (you would have to go out and investigate that and find out what you are worth), then you can go back and negotiate with your current employer – “look I’m considering leaving. I believe I’m worth this amount of money and this is what I’m prepared to do to add value that makes me worth that amount of money, and this is the money I would like to be compensated for doing this. I’d like you to consider that.“Now as long as you are committed to adding value and you communicate that effectively, then what you will find is the company suddenly realizes the value you add and how hard it is to replace you. Remember your boss is never usually going to walk up to you and say I’m going to give you a pay rise today. You normally have to ask for it, but to get something you must first give so you must put a plan to them that’s going to provide evidence to why they should pay you more.It’s not until you are willing to leave that they realize how valuable you are and they are willing to pay you more. This has happened so many times so if you apply this strategy, you could be pleasantly surprised.
    . For example, a friend of ours bought a 2-bedroom apartment in central Bucharest in early 2002 for $25,000 USD. Today his apartment is valued at 75,000 EURO ($100,000 USD) and the amount of interested buyers is more then sufficient.So much so, that potential buyers have actually posted advertisements on the entry door to his apartment building stating that they are eagerly looking to buy an apartment in the building or a nearby one. This friend of ours can choose to sell his apartment today at a significant profit or hold on to it until closer to the actual ascension of Romania to the EU, allowing him to benefit from the greatest possible appreciation in value of his property. During the mean time, he could continue to rent out the apartment at 700 EURO ($890 USD) a month or get in on the burge oning short-term rental market which offers an alternative to the over-priced hotel room rates in the city, and with a pretty good occupancy rate, rent the apartment on a daily or weekly basis at 50 Euro per night.

    Our friend is just one of countless foreign citizens and Romanians who have already profited greatly from investment in the Romanian real estate market. Yet, as you will soon discover in this article, there are still better deals out there to be had then the one he and others have so far benefited from. While the prices have already jumped significantly in recent years, the near-certain speculation is that they will continue to rise dramatically until the time of the ascension of Romania into the European Union. The certainty of this speculation is bolstered by the 10% rise in cost of houses, apartments, and property in Bucharest over the p

    Medical Billing - User Licenses
    One of the things that medical billing companies don't like about DME software companies is how they nickel and dime them for just about everything that comes with the software. One of the biggest areas where this is a major source of pain is with user licenses.When you purchase your DME software, most software companies sell the software in two different versions. One version is standalone, to be used on a single PC and the other version is to be used on the network. There is more different between these two versions than just the fact that one version runs standalone and the other runs on the network. The biggest difference is the user licenses that come with each version.Usually, by default, with the standalone version, you will get a user license for only one user. If you want to install the standalone system on multiple PCs, assuming you don't need network support, then you have to purchase additional licenses. These licenses can cost as much as a couple hundred dollars or more, depending on how complex the software is and the original cost.The network version gets a little more complicated. Because the software runs on a network, usually the number of people who can access that network is controlled by the network itself and not by the software. But software companies have this covered very well. What they do is make it so that when the software is installed, it places data on the network that indicates how many people can connect to the software at one time. Once the maximum number of users is reached, no other users will be allowed to connect.Most software packages come with anywhere from five to twenty licenses to begin with. If a medical billing company wants additional licenses, then they have to pay for them. When they do this, what the softwar
    ich offers an alternative to the over-priced hotel room rates in the city, and with a pretty good occupancy rate, rent the apartment on a daily or weekly basis at 50 Euro per night.

    Our friend is just one of countless foreign citizens and Romanians who have already profited greatly from investment in the Romanian real estate market. Yet, as you will soon discover in this article, there are still better deals out there to be had then the one he and others have so far benefited from. While the prices have already jumped significantly in recent years, the near-certain speculation is that they will continue to rise dramatically until the time of the ascension of Romania into the European Union. The certainty of this speculation is bolstered by the 10% rise in cost of houses, apartments, and property in Bucharest over the period of December 23, 2004 and January 5, 2005. With the amount of interested clients sufficiently high this means that an investor could have bought and sold a property and made a 10% profit in less then 2 weeks in the Romanian real estate market while he or she was celebrating the holidays with family or busy skiing.

    . The amazing reality is that such opportunities for substantial profit continue to exist, for now at least, here in Romania. In the capitol city of Bucharest, deals can still be found for investors with ready cash from sellers looking for quick money. Another great speculation is office space in Bucharest. At 1.2 Euro per square meter, Bucharest is now close to the cost of office space in Vienna which is currently at 1.8 Euro per square meter. These prices continue to accelerate. Such opportunities though are only the beggining. While the general over-evaluation of real estate in Bucharest has caused prices to rise and made the average cost of entry higher then just several years ago, this very reality, gives clear indication that clever investors can continue to benefit from this over-evaluation of property value in the mayhem surrounding Romania's anticipated EU entry.

    It is generally held that prices will continue to rise sharply until leveling off, or perhaps dropping slightly, after the entry of Romania into the European Union. This has created a short time period in which investors can yield serious turnaround on their investments and those wishing to relocate can do so while getting in at a good bargain.

    The best bet for investment oriented apartment-hunters in Bucharest today is high-end luxury apartments. The potential for profit off of lower to middle end apartments has began to tweak off as prices have already risen closer their final expected levels. A luxury apartment however, which can currently be had for between 120 to 200,000 Euro (2-3 bedrooms), will likely climb in value 10-20% a year, over the next two years leading up to EU ascension. By looking at the price of luxury apartments in any European Union capitol city versus Bucharest, the capitol city of Romania, one can observe the great disparity in prices which still exists at the moment between the luxury apartment market here verses in EU capitol cities. While the investor waits for his investment to mature he can rent out his apartment for 1,500 to 2,000 Euro per month, further adding significantly to his overall profit. The number of multi-national companies present in the city makes this a relatively easy sum to get for such a place on a rather consistent basis. . At this point it stands to mention that any real estate purchase made by a foreign individual can be financed by leasing available through only one Romanian company, as long as a 20-30% deposit is initially made.

    While Bucharest abounds with investment opportunity, the opportunities outside of the capitol are also ripe with potential for significant profit matching or exceeding that of Bucharest. Romania offers a diverse landscape ranging from a large stretch of seaside along the Black Sea Coast to the impressive Carpathian Mountain range in the fairy tale land of Transylvania. In between is just about a little of everything else, from natural healing springs, to flatlands highly suitable for agricultural use, to a

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