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The Financial Differences of Renting a Car in Jordan Versus the U.S.

December 16, 2017 by · Leave a Comment 

Summary: The costs of renting cars in Jordan are similar to those in the U.S. But you should buy more insurance when you are in an unfamiliar place, to protect yourself in case of a collision.

Renting cars during travel is always a good choice. You can get around from place to place fairly easily and do not have to wait on public transportation or arrange taxis every time you want to see the different sites. It does add to the budget, though. So make sure to take these factors into consideration before you decide to rent a car.

Previous Driving Experience

The more comfortable you are behind the wheel, the quicker you will be to adapt to the Jordanian roads and ways of driving. Roads can be crowded and narrow close to the tourist attractions, so you have to know how to maneuver the car around the streets to avoid accidents. Luckily, Jordan drives on the right side of the road, just like in the U.S.

Day Rates and Insurance Costs

This is a huge factor for you to consider. The day rates in Jordan range from 18 to 70 U.S. dollars for a standard sized vehicle, depending on the rental company. While in the U.S. the rates range from $9 to $58 for the same size and across the same companies. Keep in mind that one U.S. dollar converts to 0.71 Jordanian dollars.

Even though Jordanians also drive on the right side of the road, you want to make sure you are fully insured, in case of any collisions. You should purchase the extra insurance the rental company offers, because that would help keep your mind at ease when driving in the unfamiliar place.

Blog submitted by Monte Carlo Rent A Car, LLC: When you’re looking to rent a car in the Amman airport, go to Monte Carlo Rent A Car, LLC. They will provide you with the best service and price. Visit them online for more information.

Is it Worth the Money to Hire a Construction Consultant to Handle a Claim?

November 22, 2017 by · Leave a Comment 

Summary: Hiring a construction consultant may be a wise method of handling claims, because they are very knowledgeable in the industry.

If you are ever faced with a construction claim it may be best to consider construction consulting services to help you handle the process. These consultants are very experienced and can help you navigate the complicated and changing landscape of construction law.

Keeping Up With the latest Standards

As the construction industry continues to evolve, so do the standards for best practices on how to conduct business. Lyle Charles has continued to develop his firm to perform as one of the industry-leaders in consulting and has helped support both large construction companies and engineers on their projects. Having a reputable and trustworthy source who has kept up-to-date on the latest developments and trends in the construction world can help guarantee that the guidance you receive is coming from highly educated and seasoned professionals in the industry.

An additional beneficial aspect of hiring a construction consultant to help with a claim is their ability to effectively negotiate for lower costs and more efficient practices. A well-rounded and confident consultant will be able to oversee the project to make sure that you are receiving fair and reasonable deals without any unnecessary financial setbacks.

Making Sense of Technical Terms

When dealing with claims, it is important that you fully understand all of the terms the lawyers throw out. Failure to do so could result in accidentally agreeing to unfavorable circumstances. Construction consultants are aware of the different words or phrases that lawyers may use and can help you understand the actual message being expressed and its implications.

How to Launch a Website Customers Will Use

August 25, 2017 by · Leave a Comment 

Creating a website for your business is easy, but creating one your customers will actually use takes some finesse. Your online store should have the customer’s best interests in mind, presenting the products customers want to see first. Soon, you’ll see this channel contributing greatly to your bottom line.

Step One: Devise a Destination

First, you’ll need some idea of what you want your customers to do when they get to your website. Do you want them in store, where you can upsell them personally? Are you trying to be more convenient? Are you trying to provide a method to check inventory? Figure out what you want the customer to use your site for, and try to settle on just one main objective. If your site sees a lot of traffic, you can start building out more features.

Step Two: Moving Money

If you decide to sell internationally, and even if you don’t, odds are good you’ll rely on a payment processor and digital wallet when you’re first starting out. They are reliable and secure methods of sending and receiving money.

Step Three: Functionality

The user interface is the combination of elements on your site the user will click to get what she wants. Structure your website so that it only takes a few clicks. Also, pay attention to the time it takes for your site to load, and look for opportunities to up sell the customer through specific product placements.

Article written by Charge.com. For six years, Charge.com has been the most trusted provider of merchant services worldwide.

The Advantages of Hiring a Mediator

October 26, 2015 by · Leave a Comment 

The-Advantages-of-Hiring-a-MediatorThe skills and techniques of a mediator vary. Because the goal of mediation is for both parties involved in a dispute to mutually agree on terms that would settle the case, the mediator handling the case must be aware of all of the factors and be able to progressively guide each side.

One of the advantages that the mediator has over a judge is that they are able to privately meet with any individual and discuss the mediation process. This is known as ex parte communication. Arbitration involves either the judge or an arbitrator ceasing any communication unless all parties or the parties’ attorneys are present. Bypassing this restriction allows the process to continue at an accelerated pace, therefore a successful resolution is more likely to occur before an arbitration settlement would.

When each party agrees for ex parte communication, the mediator will be able to speak to any representative involved in the case. This means that the lawyer that handled the construction claim preparation can speak with the mediator behind closed doors – without the parties being present. These discussions are called private caucuses.

Seasoned mediators like Lyle Charles, who owns his own consulting group, guides the mediation process along smoothly – all while in complete control of the situation. While each mediator has their own personality, they all have one thing in common. Their granted freedom to the case allows for quicker negotiations and can affect the gravity of the outcome.

Bio: Lyle Charles Consulting are commercial and construction business decision advisors that offer experienced construction & turnaround services. Speak with them for more detailed information.

The Durbin Amendment and What Business Owners Need to Know

September 17, 2015 by · Leave a Comment 

The-Durbin-Amendment-and-What-Business-Owners-Need-to-KnowWhen Dodd Frank was passed in 2010, one of the provisions put into place by the Federal Reserve was aimed at limiting fees that could be charged to retailers for processing debit card transactions. These fees are fairly common, but they’d been a fairly contentious issue for both banks and merchants up until this legislation.

Prior to the legislation, card swipe fees were unregulated but averaging roughly $.44 per card swipe. For merchants, this uncertainty created an unhealthy business climate. What if merchant services decided to raise fees during Christmas time? That uncertainty caught the attention of Senator Richard Durbin. Durbin added an amendment to Dodd Frank designed at putting limits on these fees.

The new rules that went into affect favored merchants and were widely seen as a loss for banks. Banks were profiting off of those transactions, but the Dodd Frank act limited the fees that certain banks could impose. Those with $10 billion or more in assets had to conform to the new laws beginning in October of 2011.

What You Need to Know

Under Dodd Frank, fees are capped at 0.05% + $.21 cents per transaction. The cost can be raised to $.22 cents if the card has a security chip installed, which many debit cards do.

The issue was disputed several times, but finally brought to a head in January of 2015.On January 20th, the Supreme Court upheld the Federal Reserve’s rule, and the rate has since remain unchanged.

Bio: Firoz Patel is the founder of AlertPay Inc., which was acquired by the UK based company MH Pillars. Firoz Patel is also overseeing operations and development of the Payza platform.

“America’s Match King:” Ohio Columbus Barber

May 5, 2015 by · Leave a Comment 

By Samuel Phineas Upham

Ohio Columbus Barber became “America’s Match King,” but was a fairly well-known businessman and philanthropist for his time. He was born in April of 1841, and it would take 40 years for his to own a controlling interest in the Diamond Match Company.

Barber worked for his father, who sold handmade matches. Ohio’s older brother, George, had died of dysentery during the way and the company was finding it hard to sell its product when no one had money. After the war, prosperity returned and the company eventually became the largest match producer in Ohio. By that time, Barber owned 81% market share and a lack of regulation was making it difficult for him to manage everything. Finally, he merged with 11 other companies to create the Diamond Match Company, which rose to hold 85% of the market share.

Barber was a local legend of sorts. He returned to Akron and opened the First National Bank there, a bank he was president of. He also founded the city of Barberton from a plot of land he’d purchased from the Norton Township. Like other entrepreneurs and industrialists of his time, Barber also had aspirations of making the model working village.

His ideas brought expanded manufacturing, and improved residential development. For a time, they worked well. So well that his development earned the nickname “Magic City” because of its ability to attract new talent and provide well-paying jobs.

Barber was also a fairly well-known humanitarian, and he developed the General Fire Extinguisher Company as part of a larger effort to preach fire safety. Barber died in 1920, and he willed his farm to Case Western University, with intentions of it serving as the basisfor an agricultural college. Unfortunately, the financing for the college was never complete and the University sold his property.


About the Author: Samuel Phineas Upham is an investor at a family office/ hedgefund, where he focuses on special situation illiquid investing. Before this position, Phin Upham was working at Morgan Stanley in the Media and Telecom group. You may contact Phin on his Facebook.

William Simon: Investor, Olympic Committee Member and Philanthropist

March 27, 2015 by · Leave a Comment 

By Phineas Upham

William Edward Simon held many positions over his lifetime. Simon was foremost an investor, and a high profile one at that. His activities got him recognized by the Nixon administration, where he served as Secretary of the Treasury.

Simon was born in 1927 in New Jersey. His father was an insurance executive, and his mother raised him at home. He completed his education in 1952, a bit late but common for those who enlisted in the US military. No sooner had he finished school than he began working at Union Securities. He caught the eye of Weedon & Co., where he was offered position of Vice President. This was the start of an illustrious Wall Street career that would continue until 1973, helping him to amass the fortune he would use later in life to donate to several organizations.

He was America’s first energy czar, and proved a central part of the revisions for the 1973 oil import program. A year later, in 1974, Simon would be called upon to become the Secretary of the Treasury. George Schultz was stepping down and Attorney General John Mitchell supported the move. With their backing, he was able to use his seat to denounce government policies he viewed as meddling or subsidizing business. He was also a vocal supporter of the free market, and fought to uphold those values. He would hold this position through the Nixon administration, into Ford’s tenure as President.

He finally left government in the early 80s and shifted his focus to the private sector. He’d also been active as the US Olympic Committee treasurer from 1977 to 1981. When he relieved himself of government responsibility, he became the committee’s president. Most of Simon’s philanthropic activities took place in the realm of sports, but he also established the Simon Professorship at the U.S. Air Force Academy.


About the Author: Phineas Upham is an investor at a family office/ hedgefund, where he focuses on special situation illiquid investing. Before this position, Phin Upham was working at Morgan Stanley in the Media and Telecom group. You may contact Phin on his Phineas Upham website or Twitter page.

“Dude, you’re getting a Dell!”

February 25, 2015 by · Leave a Comment 

By Phin Upham

That was the tagline for the Round Rock, Texas-based computer company throughout the late 90s and early 2000s. Dell is known as a consumer brand, but it focuses extensively on corporate customers as well. It is one of the largest technology companies in the world, employing more than 100,000 people.

The bulk of Dell’s sales come from personal computers, data storage, network switches, software and computer peripherals. The company also sells HDTVs, MP3 players, cameras, printers and other electronics. Dell is known primarily in the business world for its supply-chain management, and its approach to eCommerce.

Dell offers a model you don’t often get with many computer manufacturers. They make a computer to fit your specifications, and they don’t ship it until you order it. This made them popular amongst techies who wanted to outfit their computers with the latest hardware.

Hardware was the company’s bread and butter until it entered IT in 2009 with the acquisition of Perot Systems. The basic goal of these acquisitions is a complete offering to enterprise customers, from desktop to networking and all of the support along the way.

Until the company went private in 2013, I was listed at number 51 on the Forbes 500 list. Dell currently holds the top spot for monitors shipped, and is the third largest computer manufacturer behind Lenovo and HP.

In Texas, Dell is the sixth largest, but it is only the second largest company that does not produce oil. Apple may cling to the top for now, but Dell is no stranger to the landscape and continues to rank well among top firms in America.


About the Author: Phin Upham is an investor at a family office/ hedgefund, where he focuses on special situation illiquid investing. Before this position, Phin Upham was working at Morgan Stanley in the Media and Telecom group. You may contact Phin on his Phin Upham website or LinkedIn page.

How to Save Money on a Construction Dispute

November 27, 2014 by · Leave a Comment 

Litigation is probably one of the last places you expect to save money in construction, but costly litigation can put a small outfit out of business. Most disputes arise from changes outside of the contractor’s hands, like weather or personnel challenges, so it’s important to have someone in your corner. Fortunately, private mediation is much cheaper and better for your long term business relationships. Here is how mediation works, and what you can expect from the process.

Mediation Defined

Mediation is when two parties come together to discuss a dispute. Since neither party is capable of solving the dispute on its own, a third party is brought in to review the case with an impartial eye. The mediator reviews everything, from the design process to obligations outlined by construction turnaround services. Their job is to help gather all of the necessary paperwork and help find legal grounds to settle the case.

Why Mediation Works

Mediation has two major advantages over litigation: it’s faster and better for relationships. Mediation is used to help courts clear their dockets without the hassle of trial, which can go one for weeks or months in extreme cases. Mediation also allows both parties to air their grievances, so everyone feels that their issues were addressed. It’s a small thing, but the benefit to both businesses is huge. Mediation is like sitting down for a drink with a friend you are arguing with. There is a dispute to be sure, but both of you will leave feeling satisfied.

: Lyle Charles Consulting offers construction turnaround services and short term management solutions. Consult Lyle Charles for assistance mediating construction disputes.

Interim short term management for any vacancies in management positions

May 14, 2014 by · Leave a Comment 

Written by Lyle Charles

Construction & turnaround services means that when your business is in trouble, you need to have immediate results. Think of it as a shock to a failing system to get it running smoothly and normally again. This is where the value of interim short-term management comes in. You could say that these guys are the A-team of getting troubled businesses out of the woods. Instead of spending time hiring and training new management personnel for short-term goals, you might as well appoint interim management personnel who are experienced and can deliver you quick results. If you’re business is in trouble, say you’re experiencing liquidity problems and you need management to act swiftly before it becomes a bigger problem, the cost and time alone of screening applicants for management positions could have been used to hire interim short-term management personnel. Besides the savings in time and money, you’ll also realize that interim management personnel do not require a longer learning curve to understand your business. It’s precisely their job to go in, fix the problem, and get out. You might see this as a short term solution, and indeed it is. But the results of that short-term solution will be able to carry you forward with as little problems as possible. They will also be able to help you spot areas for improvement, potential problems, as well as ways and means to help your business become more efficient and effective. This allows you to continue your business as well as keep your clients happy as well.

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Lyle Charles Consulting has carved its name on the wall of respected consulting firms. Private mediation, turnaround, and interim short-term management are among the many services that they can offer you.

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