Author: MGSN

Bootstrap financing refers to the process of starting or growing a business using personal savings, revenue generated by the business, or small amounts of outside capital. It is also sometimes called “bootstrapping.” In other words, bootstrap financing means relying on one’s own resources and creativity to fund a business venture, rather than seeking large amounts of outside investment. Bootstrap financing is often used by entrepreneurs who are starting small businesses and do not have access to significant amounts of outside capital. By using their own funds or reinvesting profits back into the business, entrepreneurs can control the pace of growth…

A Lethbridge judge is set to deliver a verdict in the case of a Calgary pastor who is accused of mischief for encouraging truckers to continue blocking the Canada-U.S. border crossing during a two-week protest. Read More

Canada and the United States have agreed to share more information about the smuggling of guns and drugs across their shared border. Read More

The high cost of medications are one of the factors that are driving up the cost of healthcare. In the USA the number one reason for bankruptcy is getting sick. Social medical delivery systems are also struggling. According to the Italian trade Journal, Farmeconomia, the French agency that is charged with the pricing of medicines, Comité Economique des Produits de Santé, (CEPS), struggles to meet its charge based on production and retail cost. Japan’s prices are decided by the government and subsidized by the country’s public health insurance system. The intensity of drug retail places strains on the subsidization policy. Countries…

Pursuant to New York Lien Law Article 3-A, all funds received by a contractor for a construction project, or by an owner under a construction loan, constitute trust finds. The recipient owner/contractor, as trustee, must pay the contractors downstream who have earned those funds, before diverting the funds for any other purpose. Any application of trust assets for a purpose other than the construction costs specified under New York Lien Law § 71 is deemed an unlawful diversion of trust assets, a larceny, that also pierces the corporate veil. This is an extremely powerful law that every owner/contractor should consider…

By Foo Yun Chee BRUSSELS (Reuters) – EU draft rules aimed at staving off spats over patents essential to key technologies for telecoms equipment and connected cars appear to put the onus and cost on patent owners, which could undermine Europe’s leadership in such areas, Nokia said. The comments from … Read More

There is evidence to suggest that companies with strong ethical compliance programs and a commitment to legal and regulatory compliance may be more economically viable in the long term. This is because these companies are less likely to face costly legal or regulatory issues, which can negatively impact their bottom line and reputation.Strong ethical compliance programs can also help to promote a culture of transparency and accountability within a company, which can improve employee morale and retention, as well as customer loyalty and trust. This can lead to increased productivity, efficiency, and profitability over time. MGSN Legal #ETHICALCOMPLIANCE is good…

Entrepreneurs provide most employees with their livelihood. Most employees do not work for large companies. They work in companies in the Small and Median size (SME) sector. The Entrepreneurs that build the SME companies not only contribute to the economic growth to society by creating jobs but also by contributing derivative income.The employment that entrepreneurs create allows the employees to rent apartments or buy homers, invest, shop for food and varied consumer-based products and take vacations.Entrepreneurs are by definition risk-takers. The failing rate for new business ventures is quite high. However, an Entrepreneur can hedge its bet by qualifying it…

QBITS allows the ability to gather, store, analyze and execute large bodies of complex data. The QBITS are the center of the next revolution that will have a profound change on global commerce and societal interaction. Quantum computing (QC) is a type of computing that uses the principles of quantum physics to process information. Traditional computers use bits, which are either 0 or 1, to store and process information. In contrast, quantum computers use quantum bits, or qubits, which can be 0, 1, or a combination of both at the same time.This allows quantum computers to solve certain problems much faster…

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