You may have talent or an idea and want to turn it into reality; it’s likely you need to get a loan to start up business. Both the Internal Revenue Code, popularly known as the Congress and the Treasury Department constitute the governing rules on how loans are to be handled. The treasury department’s regulation is another set of rules that interpret the internal revenue code. The underlying loan policy includes:

1. Note that a loan is not a gross income to the loan borrower
2. The lender may not deduct the amount of the loan from your gross income.
3. The amount paid to satisfy the loan rights is not deductible by the borrower.
4. You should also be aware that prepayment of the loan is not gross income to the loan collector.
5. Inside the ledger’s gross income, the interest to be paid to the lender must be included
6. The borrower may deduct the interest paid to the lender.

Getting a loan for a startup business shouldn’t be an arduous task, but at the same time, it is not as easy as it was before the Great Recession. Right now, all banks and other lenders still give credit money for a start-up business. Below are a few pieces of advice on how to get a loan for a start-up business.
One major thing to note is the fact that establishing a relationship with the people at the lender before the loan is needed and should be taken seriously. This means that you may try to start the business before you apply for the loan. Starting up your business before applying for the loan is necessary because people do business with who they know, who they trust, and this is the same with lenders. So try as much as possible to lay down your business foundation before asking for a loan. This will also serve as an incentive for your proposal.
The next line in action is that you need to decide what the money is meant for. A good reason to get a loan for a start-up business could be financing a piece of equipment, long term software development or large seasonal sales varieties. Wrong intentions could be to acquire non-essential business assets. Thus, you must be strategic in decision making.

Of course, after knowing what you need the loan for, you should have calculated everything and make a total sum up. Be precise on the exact amount required. Startup business doesn’t ask for a large amount of loan. Lack of working capital could rise sooner than expected if you underestimate the amount of money required. Similarly, business lenders could be curious about your assumption and credibility if you miscalculate. So, for that reason, you need to be precise and correct. You must design your budget with great support by financial projection such as profit & loss statement and a cash flow statement. You must be thorough in research and reasonable in the presentation. All these tips coupled together make you a great borrower before the lender.

One of the ways the lenders ascertain your credibility as a borrower is your credit scores. It is essential to know your score and compare to that of the lender’s expectation.

Credit score: if your credit score is meager, there will be a small percentage of getting a loan. Also, a credit score of above 650-700 does not guarantee a loan but considered acceptable. Let your credit score be at least in the 700-800 range; this is what most lenders look out for.
• Debt to income: Do not let your debt payments be more than 33% of gross monthly income.
• Time in business: Reflect a strong record of incoming account receivables to sustain your company for a future loan in your proposal.
• Report on industry risk: you need to find out how the industry you want to get a loan for a start-up business is rated. Industry risk is evaluated based on the government SIC Codes which are ranked.
• Report on cash flow: Long term survival and growth increase the chances of the business to survive slower market conditions if the operating cash margin is high. This analysis gives more future opportunities to get a loan from your lender because your ability to successfully repay can be justified

Also, make sure you know much about the lender, there are different types of lenders, and it is to your best advice to research and know which kind of lender is best for your startup business.

• Commercial banks: This type of bank is best for traditional loans
• Non-bank lenders: Lenders in search for higher return are making this multiple.
• Region-specific lenders: This refers to local community banks and other lenders that have an interest in economic development in a defined geographic or industry area.
• Micro and alternative lenders: Capital needs under $10,000 can be sourced from various crowdfunding sites. Peer to peer sites can also be sourced in getting personal loans for a startup business.

Adequately research and prepare the loan application package. myinstantoffer is helpful for investigating. This package refers to the paperwork to be submitted to get a loan. Its content often includes:

• The business owner’s resumes with the inclusion of a business plan.
• Must have projected financial results and projections.
• Must have at least three years tax return with personal financial information
• Have it at the back of your mind that lenders will search your social media sites as part of their research in giving a loan to start up business owners.

Be patient and expect to get a response within weeks (mostly between two to four weeks). Check in each week for a status. It is possible the company needs some additional documentation from you.


Celebrities’ obsession with discover the downside of Twitter

Is celebrities’ obsession with Twitter starting to wane? When singer John Mayer, one of Twitter’s most high profile users with 3.7 million followers, shut his account on Monday, he was just the latest celebrity to quit the micro-blogging site.

Some stars are finding that Twitter may be great as a promotional tool or for reaching out to fans, but it also comes with a downside.

Teen singer Miley Cyrus deleted her account a year ago, persuaded into silence by her new boyfriend, Liam Hemsworth.

“Hairspray” star Amanda Bynes deleted her Twitter account last week without any notice to her fans. Earlier this month, Disney starlet Demi Lovato, 18, tweeted that she’s saying “goodbye to Twitter” because “the access that the other people have is uncomfortable to me.”

“The blessing of tweeting for celebrities was this idea that you could bypass sending out a press release and go directly to those who are following you,” said Robert Thompson, professor of Television and Popular Culture at Syracuse University.

However, many celebrities have found that their tweets are being made fun of, or blow up in their faces.

Although Bynes, 24, offered no explanation for quitting Twitter, she seems to have had a volatile relationship with the so-called “Twitterverse.” The actress got flack for announcing on Twitter that she was retiring from acting earlier this year, and then subsequently “un-retiring” a month later.

She also got into Twitter fights with users who disagreed with her tweets, including those about her taste in men.


“Many celebrities are realizing the old saying that familiarity breeds contempt,”  “We used to think that celebrities were distant people we could never communicate with. Twitter reversed that and some celebrities are growing tired of that.”

Just ask country singer LeAnn Rimes, who was an active Twitter user when her marriage ended after she cheated on her husband with married actor Eddie Cibrian.

After Rimes and Cibrian divorced their spouses, the duo was photographed kissing each other, which sparked outrage. The singer began to get attacked on Twitter but when she tried defended herself on the site, users retaliated even more.

Rimes closed her account in July 2010, tweeting that it was “unhealthy for me and my family to have to read negative comments.” However, a week later she was back on Twitter, saying she missed her fans and wanted to let them know “how much ur appreciated.”

Paul Levinson, the author of “New New Media,” says Twitter has now reached a sort of “shaking out point.”

“Those who joined as part of a bandwagon because their peers were on the site, are now finding out if it is truly a medium that works for them.

“For some, it will continue to be one of the best things they could do. For others, it has become an imposition, a pain,” Levinson said.


Comedian Ricky Gervais joined Twitter last December because he was hosting the Golden Globes and “they want me to do a running commentary on Twitter.”

However, less than a month later, he quit. In his last Twitter post, Gervais wrote he was “going to stop these tweets because I don’t see the point.

So is this the beginning of a mass Twitter exodus? Not so, said Bonnie Fuller, president, and editor-in-chief of celebrity website

“For every celebrity that quits Twitter, there’s 10 who sign up,” Fuller said. “There are just too many of them benefiting from Twitter. Celebrities see it as a great opportunity to communicate with fans, give them information and get feedback.”

Fuller cited reality TV star Kim Kardashian, who uses Twitter to successfully promote herself, the products she’s lent her name to, and the careers of her sisters.

As for Mayer, a spokesperson for the Grammy-winning singer said he had closed his Twitter account because his concert tour has ended and Mayer is preparing to head back to the studio.

Mayer used Twitter to talk to fans and address controversies, including an expletive-laced Playboy magazine interview in February about his sex life.

The bluesy writer of hits like “Gravity” remains active on Facebook, his own website and what appears to be his new favorite blogging site, Tumblr.

In a post on Tumblr last week, Mayer said he felt he had “made the right move” to the new site. Despite having only 50,000 Tumblr followers, he admitted to having “an even larger Tumblr addiction” than the one he had to Twitter.


Stroke Rate Rises for Patients With HIV Infection

Jan 24:  While the overall hospitalization rate for stroke has declined in recent years, the numbers have jumped dramatically for patients infected with human immunodeficiency virus (HIV), suggesting they may be up to three times more likely to suffer a stroke than people uninfected by the virus that causes AIDS.

In a paper published in the Jan. 19 online issue of Neurology, Bruce Ovbiagele, MD, professor of neurosciences at the University of California, San Diego School of Medicine and Avindra Nath, MD, of Johns Hopkins University, reviewed a national dataset of all hospital patients primarily diagnosed with stroke between the years 1997 and 2006.

艾滋病毒, 疾病, 保佑你, 健康检查, 艾滋病, 免疫, 免疫缺陷, 保护They found that the number of stroke diagnoses in the general population declined 7 percent during this time period (to 926,997 from 998,739) while stroke diagnoses among HIV-infected patients rose 67 percent (to 1,425 from 888). The rise in strokes among HIV patients was entirely driven by an increase in ischemic strokes, which are caused by impaired blood flow to the brain due to clots. Ischemic strokes are significantly more common than hemorrhagic strokes, which involve leakage of blood from the circulatory system into the brain.

Strokes can result in rapidly occurring, permanent loss of brain function due to severely reduced or interrupted blood supply to the brain. They are the third leading cause of death in the United States, with more than 143,579 fatalities annually, and the leading cause of serious, long-term disability.

“Generally speaking, strokes in patients with HIV are not common, so the rise is notable,” said Ovbiagele, who is also a staff physician in the VA San Diego Healthcare System. He noted that the time period studied coincides with the emergence and widespread use of highly active antiretroviral therapy (HAART) for HIV patients. HAART has been notably successful in extending the lives of HIV/AIDS patients, but Ovbiagele said emerging data suggest that these drugs can be associated with metabolic complications linked to a higher risk of stroke.

“The rise in HIV stroke rate may simply be because patients are living longer,” Ovbiagele said. “Stroke risk is highly correlated with increasing age. Almost three-quarters of strokes occur after the age of 65. Indeed, after 55, the risk doubles for each successive decade.”

However, among HIV patients the average age for a stroke was in the 50s and Ovbiagele said it has been previously shown that drugs used in HAART affect lipid and glucose levels, which are metabolic biomarkers associated with ischemic stroke risk.

Ovbiagele intends to pursue further studies to better examine the relationship between HIV drug treatment, metabolic complications, and stroke risk.

“Patients on HAART will clearly need to remain on the drugs to extend their lives, but the challenge will be to clarify whether HAART therapy is an innocent bystander or a direct culprit in this process. Furthermore, it would be helpful to find out if rates of myocardial infarctions, more commonly known as heart attacks, are rising among HIV patients since they share similar underlying biological mechanisms to ischemic strokes.”


Abanindranath Tagore, was a Bengali poet, novelist

Abanindranath Tagore, the nephew of Rabindranath Tagore, was born on 7th August 1871. He was one of the most prominent artists of the Bengal school of painting, along with being the first major supporter of swadeshi values in Indian art. Abanindranath is also regarded as a proficient and accomplished writer. The painter tried to modernize Moghul and Rajput traditions as an answer to the growing influence of Western art under the British Raj. With this biography, we are trying to throw light on the life history of Abanindranath Tagore:

Abanindranath Tagore was born in the Jorasanko town of West Bengal. The younger brother of Gaganendranath Tagore, an eminent artist, Abanindranath was introduced to art in the 1880s when he was studying at the Sanskrit College. In the year 1889, he married Srimati Suhasini Devi, the daughter of Bhujagendra Bhusan Chatterjee. It was around this time that he left the Sanskrit College and joined St. Xavier’s College as a special student for one and a half years.

In 1897, the Vice-Principal of ‘Calcutta Government School of Art’ started teaching the traditional European academic manner to Abanindranath Tagore. During that time, Tagore developed an interest in watercolors and also came under the influence of Mughal art. He made some beautiful paintings based on the life of Lord Krishna, reflecting a strong influence of the Mughal style. A meeting with E.B. Havell convinced Abanindranath Tagore to work with him in the process of the renewal of the style of teaching at the Calcutta School of Art.

His Style

Abanindranath Tagore believed in the traditional Indian techniques of painting. His philosophy existed in rejecting the materialistic part of the west and coming back to the Indian traditional art forms. He was very much influenced by the Mughal School of painting as well as Whistler’s Aestheticism. In his later works, Abanindranath started integrating Chinese and Japanese calligraphic traditions into his style. The intention behind this move was to construct an amalgamation of the modern pan-Asian artistic tradition and the common aspects of Eastern spiritual and artistic culture.


Mobile phone and remote that can be worn on the wrist

London, Oct 3 Sony Ericsson has launched a new watch-sized device that enables you to control your smartphone remotely, without taking it out of your bag. The tiny gadget can be worn as a watch, on a keychain or clipped to a laptop, the firm claims.

The LiveView microdisplay is designed to sync wirelessly with any mobile phone and lets you take calls and e-mail and control your music player.

The gadget is designed to work with Google’s open platform Android software which means it won’t work with the iPhone or even Sony Ericsson’s own high-end Xperia smartphone.

It even comes with a ‘Find my Phone’ feature that helps locate your missing Android device, the Daily Mail reported.

Some gadget experts have said that the innovative device is what Apple should have done with its latest iPod Nano, which some users have taken to wearing on their wrists.

The LiveView is smaller than an iPod Nano at 1.3 inches, with a color 128×128 pixel OLED display, and with a watchband mount.

The Sony Ericsson LiveView also links to social networking sites like Twitter and Facebook.

And it allows the user to control the Sony Ericsson music features of the handset from the micro display, selecting tracks and controlling the volume.

Luke Peters, the editor of the T3 technology magazine, said LiveView seemed to be slightly out of step with current gadget trends.

‘When the tech world is pushing towards one-device-does-all convergence, this seems to rally against that notion,’ he added.

Health Life and Style

10 Dry Skin Remedies

The best cleaning method for dry skin is soaking the face in the lukewarm water for 10 minutes. It is better to avoid warm water to clean the face, especially in winters. This is a very useful dry skin treatment. Also, for washing the face, it’s better to use mineral water instead of tap water and see the result. Take a good look at your face in front of a beauty mirror to ensure there is no problem with your face.

Nutritious Diets
a. Fruits and vegetables that are rich in vitamin A and B should be included in the diet.
b. Omega 3 Fatty Acids – Eating oily fish like salmon which contains omega-3 fatty acids will help hydrating and nourishing skin.

2. Almond Oil
Massage the face with almond oil or olive oil every night before going to bed. The oils can also be used to massage the other parts of the body. The good home remedy for dry skin.

3. Castor Oil
Dry skin remedy – In severe cases of dry skin castor oil or avocado oil is highly beneficial.

4. Aloe Vera
After bathing applying Aloe Vera gel is also effective. This is a good dry skin remedy.

5. Avocado
Mash half an avocado and mix it with a few drops of fresh lime juice and spread this paste over the cleansed skin. Stay it for fifteen to twenty minutes. Wash the skin alternately both with cold and warm water. This is also effective home remedies for dry skin.

6. OAT Remedy
a. Make a mixture of cooked oatmeal and honey for moisturizing and cleaning the face. This is also one of the useful natural remedies for dry skin.
b. Before bathing add 5-6 drops of oat extract or lavender oil to the bathtub.

7. Banana
Mash a ripe banana and apply it on the face and neck. Leave it for some time and then wash the face with lukewarm water. This is the best dry skin cure.

8. Grapeseed Oil
Massaging the skin with grapeseed oil is the best and effective method for dry skin.

9. Egg
Take the yolk of an egg and dab it on your face leave for 15 minutes. keep using this pack every day till your face is clear

10. Exercise & Yoga
Regular exercise will improve the blood circulation and encourages blood flow providing nourishment to the skin.

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Fiat CEO says drop in Sept car sales was expected

A sharp fall in new car registrations in Italy for September reported this week was expected, and no major recovery is likely before next year, Fiat SpA Chief Executive Sergio Marchionne said on Saturday.

New car registrations in Italy fell 18.9 percent in September to 154,429 vehicles. Sales by Fiat, which accounts for almost 30 percent of the market, fell 26.3 percent to 44,161 vehicles, according to Transport Ministry data.

“The figures were completely in line with expectations,” Marchionne told reporters at the sidelines of a conference in Florence. “The market is looking for stability, and until the process of getting supply and demand into line is completed, we will continue to suffer.”

He said lower range models were feeling the most impact and added: “We’ll probably have to wait until 2011 to see a pick-up in demand.”


More effective new anti-clotting drug

A new oral anti-clotting drug, rivaroxaban (Xarelto), is an effective, convenient and safer treatment for patients coping with deep-vein thrombosis (DVT). DVT, sometimes called “economy flight syndrome” as it is associated with immobilization during long flights, can migrate to the lungs and form life-threatening pulmonary embolisms.

Physicians prescribe well-known anti-coagulant medications, such as oral warfarin (Coumadin) and/or heparin injections to treat the condition.

According to two new studies published in New England Journal of Medicine, oral rivaroxaban is superior to enoxaparin and vitamin K agonist for treating the potentially life-threatening clots, most typically formed in the lower leg or thigh.

Patients with symptomatic deep-vein thrombosis have a recurrence rate of 2.1% while receiving rivaroxaban for a 12-month period compared to 3% when taking enoxaparin and a vitamin K antagonist for the same duration, the study found.

“Rivaroxaban is at least as effective as the older drug warfarin and seems safer. It is also far easier to use since it does not require blood testing to adjust the dose,” said Harry R Büller from the Academic Medical Center at the University of Amsterdam.

“This new treatment regimen of oral rivaroxaban can potentially make blood-clot therapy easier than the current standard treatment for both the patient and the physician with a single drug and simple fixed-dose approach,” he added.