How to Choose a Southwestern Rug

southwestern rug

If you are tired of your contemporary rug and feel the need to spice up your space with some amazing textures, fabric, and color, then southwestern rugs are the rugs for you. The southwestern rug will take your interior home decor to a whole new level. These rugs help you create that unique western, Native American or rustic feel in your space. Many designers opt to buy southwestern rugs online due to the growing demand in many homes.  The southwestern rugs are used on floors in many homes, or even used in decorating log cabins and give a western or rustic theme. South western area rugs also give your home an authentic southwestern country feel and look.
Before selecting a southwestern rug, you need to set the tone of your space to match that of the rug since they are available in different colors like blue, yellow, red, orange, green and much more. Therefore, you should use various designs of the rug on different tones in your space. For instance, the rug should try to go hand in hand with some pottery in your area that will give a strong base to the Southwestern decor theme, and you can also try to match it with some of your eye-catching paintings that you possess in your space.  We personally really prefer rugs from American Dakota.

Choosing a western rug may vary depending on the space. You may choose one depending on your choice and preference or even based on your interior design. The rugs’ material can also be a determining factor for choosing the Southwestern rug. These rugs are made up of pure wool which is remarkably tender and soft. So if you are a wool fan, then the southwestern rug would be ideal for you. However, interior decorators love hand woven rugs for they are rich in colors and textures. Whatever your decorating style and interior decor needs, you will enjoy the exceptional richness of warmth and color brought when using the southwestern rugs.

Welcome to Our Home

Décor has always been a thing to me, from painting inside and outside walls to finding knickknacks that I really enjoy like porcelain dolls or ceramic Indians and wind chimes and dream catchers in my home. I even have my own homemade photo wall throughout my house sort of like Facebook but only better. I feel I get it from my Grandma and her momma because they were the same way. I remember growing up in my Great Grandma’s house, she had a red and white checkered kitchen, an old antique Benjamin Franklin stove in the dining room, some gold plates and horn shaped thing in the living room by the other wood stove, pictures of all her 20 some grandkids and great grandkids on the mantel, even lattice work around her bathroom door and fake plants in her bathroom. My Grandma (her daughter) used to have pictures all over the walls of her home, antique things she always collected, and she even kept all the cards she collected from family over the years from Christmas, her birthday and so on just so she could hang them up from time to time or decorate photo albums like her momma used to do as well with the sayings and such.

I do the same thing, you walk into my home and you automatically see eye catching neon color poster board on my white walls with pictures of my family members all over them and quirky little sayings like “OHANA” or “Life, Laugh, Love.” Then your eye catches all my dream catchers on my windows, and my shelf that has two urns and plaques I have collected from the dollar stores or other people. The urns are my Grandma, her momma, and daddy and then one is my momma. Then you walk a couple feet into my office and you see my porcelain Indian statues, yes one is named Kalijah, my Great Grandpa used to sing that song to my son when he was born. Sorry if no one knows what I am talking about. Anyway, then you see all my minion stuff. Yes, I am addicted to the Minions, even named my unborn child Minion while he/she was in my belly. I have more picture poster boards in my office as well these contain more of my giant and loving family and yes, these boards are neon colored too. Then you get ready to enter my kitchen and poof your eye catches my kids’ chores/consequences and rules lists that are too on neon colored poster board. Oh, don’t forget while in the office you have all my Ridgeview Wolfpack memorabilia because my daughter and son go to school there and my daughter cheers for them. Oh, and my bright shower curtain I got from my cousin that is now being used as a curtain to block my window and neighbors from being peeping toms. Then when you get into my kitchen finally you look to the left and on the three windowsills above my sink is a bunch of knickknacks I have obtained from an elderly friend who passed away, and my Great Granny’s porcelain cookie jar ducks she used to have in her red and white checkered kitchen before she passed.

Wait we are not quite done with the tour of décor. Smiling while writing that was a good feeling by the way. When you go through the door to the right of the kitchen you enter my bedroom. As soon as you enter my room you see a big poster of Jesus and three wooden crosses made from puzzle pieces. That picture has sentimental value to me because my old friend gave it to me when his wife passed (who was a good friend too) plus I lost a friend back in 2000 to an auto accident and now there are three wooden crosses on the right side of the highway. Yes, I relate Randy Travis’ song to that accident and RIP Kurt, Anthony, and Kristen. When you look to your left you see a Vacational Bible School poster from my sister’s church’s summer program because it has the constellations on it (I am intrigued by astronomy), a picture of my awesome fiancé is on that wall as well on a bright neon poster board that he wrote in big words “I heart U forever,” on. My mom’s birthstone is on a necklace hanging there, I have two hats hanging there as well, oh and a postcard from my daughters 1st trip to Dollywood this year (ever) with her friend and her family. Then on the next wall, you have a picture of my awesome fiancé and me, and two ultrasound pictures of my minion (who I had a miscarriage back in January with due to health issues), another one of my hats, a lei from the fourth of July of this year and a glow bracelet. Then you look to the right and you see a big puzzle picture of a Harley Davidson that belongs to my fiancé and a bunch of cardboard pictures my kids drew on for us. If you look to the left again you can enter my bathroom that has bathroom knickknacks on the walls oh and look behind the washer and dryer there is a witch’s broom that smells like Cinnamon from Halloween, my daughter has one in her bathroom too.

If you come back out into the living room from my room you take a left and you’re in my son’s room, he has old t-shirts hanging on his wall that have Pokémon on them. He loves Pokémon and Mario. Then you walk out into the living room like your leaving my home and you look to your right you see photo frames with my kids in two of the frames, my minion in one of them and a photo of me, my kids, and my cousins which make up two of five generations of Haller/Palmateer children. You also see a big plaque that has house rules on it that I obtained from helping my elderly friend clean out his house before he moved in with a family friend of his. You also see my daughters room on that side as well. If you enter (be careful when you do a teenage girl lives in there) you see a mirror with signatures (of all her friends who have come over) on it. She also has a hat or two on her walls, pictures all over her walls on poster board, cheer bows hanging everywhere and she even has some doodle drawings she has done. When you enter her bathroom, you see her witches broom and then you see a picture frame with a doodle drawing in it as well, not to mention her call horns from cheerleading and some porcelain knickknacks on the shelf behind the toilet. Also, note the bookshelf she has made of her windowsill.

The décor isn’t just inside either, we have two windchimes with bears and frogs hanging from our front porch, a flower bed in front of our living room window and a plaque hanging on the porch that says Welcome to Our Home. Oh, and be careful not to bump into my eternal fairy lights and my angels alongside the bottom of the porch and walk way. They are fragile and have sentimental value as well.

Décor matters in my life and my family’s life a great deal because it is also a way we can express ourselves, whether it be our artistic sense of life, our memories, our family, our love, our history, our life, our friends, or just some things we have acquired along the way. It all means something to us and we will keep adding to it as we go. I myself am thankful for my decorative ideas and know how even it others think it weird.

Record Setting Year for Austin Real Estate

austin texas

“According the to report released today, Austin-area home sales reached a historic high for the month, while housing inventory dropped to an all-time low.”  That was the opening sentence to the end of year (December) Austin housing market report released by the Austin Board of Realtors but in all honesty you could have plugged in just about any month over the past year and the story would have read the same.

The Austin Real Estate Market set records across the board in 2013, a year that echoed the significance of a bustling local economy.  More than 27,000 single-family homes and 3000+ condominium units sold in 2013, setting all-time highs in both categories.  The 30,460 total single-family residences sold in 2013 marked a 19.5% increase over the prior year.  Home prices rose by eight percent and condo prices by nine.  At the end of the year, the median price for a home in the Austin metro area was $223,890, considerably higher than years prior and a glaring indication of widespread housing demand.

The year began with an insufficient supply of local housing to support an increasing buyer pool that had been waiting on the sidelines (albeit impatiently) for the past 3-4 years for the national economy to signal a significant change of direction.  The year ended with similar challenges as December capped off a monumental year with just 2.1 months of available housing inventory.  In other words, a market that would be completely wiped out in two months should new listing activity stall completely.  Sarah Williams, a Realtor for Liberty Hill Real Estate said the market was doing so well that she couldn’t believe it.  A seller’s market to say the least, but an extremely challenging market for buyers and sellers alike who are faced with a quick purchase timelines after having their previous home sell so quickly. 

The average home spent just shy of 50 days on the market ahead of sale in 2013, 31% less time than the year prior.  Further, median days on market for local housing fell to 22 days for the year and less than two weeks for a four-month span from April to July.

Concerns of looming “shadow inventory” of foreclosure & distressed properties waiting to be dumped on the market proved largely unfounded – in Texas especially. Foreclosure activity dipped to less than 1.5% of households in the state of Texas as escalating property values pulled many an underwater homeowner back on dry land.  Many experts are now predicting that such an impending doom is no longer a cause for concern for two reasons.  First off, the controlling institutions (banks) have nothing to gain by watering down the market with distressed inventory and second, rising property values have offset the typical burden of carrying such properties for a longer term.

Austin Condo Market –  The Austin condo market enjoyed massive gains in 2013 as sales showed a 24% increase over the previous year.  Median and average sale price rose 8/10% for the year and price per square foot jumped 13%.  Condos spent only 50 days on market, thirty percent less time than 2012.

Austin Rental Market – A market with very little room for upward mobility showed modest gains in 2013.  The number of res. leases rose 3% for the year.  Average lease price increased 4% and median price 6%.  At the end of the year, the rental market in Austin was 95.7 occupied.

Central Texas Rural Market – Though small in relative size, the farm and ranch market showed the largest gains of any market segment in 2013.  Sales of farm and ranch properties rose 34% for the year.  Average price followed suit at +11% and median price at +4%.  Properties spent 5% less time on market (196 days).

Central Texas Land Market – Austin has a huge shortage in desirable lots in buildable condition.  But that didn’t slow sales in 2013.  Volume increased 21% and prices climbed 7 percent.  An average lot sat on the market for 225 days before sale over the past year.  Active lot listings are down 17 percent at year’s end.

Professional HVAC Repairs The Best Solution

The Web is full of personal methods and suggestions that should be handled by a professional instead of an amateur. HVAC repair is just one such field. You could find numerous videos and blogs on the web that gives tips on how to deal with HVAC problems. But stuff like this are the best hand led by experts in the marketplace. There are lots of features of calling an experienced to mend your HVAC system. Allow me to share important reasons why you should depend upon an experienced HVAC repair service like Fort Wayne HVAC in Indiana.

The time associated with repairing an HVAC product is a lot of for your average home improver. Although there are particular expenses related to using DIY methods, time involved is enormous. For most jobs trying to save some dollars during this process ends up costing you more in the end. On the flip side, a seasoned professional are capable of doing a far faster job because they are well-familiar with diagnosing and fixing the issue quickly. A home-owner might have the knowledge to solve easy issues with their HVAC systems. Here is where the assistance of an experienced HVAC technician comes in useful. They could diagnose the problem faster and offer the best solution. Since an experienced HVAC contractor spent some time working on countless machines, they may be quick to identify an issue and correct it. You can anticipate reliable results if you work with a professional as opposed to attempting to carry out the repairs using DIY methods.

Servicing an HVAC system includes handling the electrical parts, sharp metal pieces, and fan blades. You ought to be cautious when attempting DIY techniques to repair these machines. Actually, except if you are very well-trained and skilled in this work, you must not try such activities. You could possibly electrocute yourself or wind up creating a fire in your house at the same time. Alternatively, servicing the ducts from the system requires precise work where you must use professional grade suction equipment and air conditioning strategies. Anybody who thinks about his safety should consult a specialist for the task. This is when an experienced HVAC repair company is your best solution.

With a myriad of HVAC contractors operating in the community, choosing a reliable team is just not always easy. You must consider a lot of things before accomplishing this. The reputation and connection with the contractor are important. They ought to hold the necessary license, insurance coverages, and bonding to conduct their business in your community. Never decide to do business with a contractor without having the necessary documentation. You could possibly regret your final decision at a later time since there are numerous fly-by-night contractors functioning on the market. Check online review sites to find out how other customers are rating the help provided by the possible candidate. It may help you pick the right HVAC contractor for the position.

Evaluating a Locksmith Business

locksmith business

I recently was asked to evaluate a few locksmiths in Renton and that got me thinking about how to value a locksmith business.  There are a lot of choices to be made when assessing the value of a business, but the objective is clear: find an accurate estimate that will maximize return on your investment. The type of business you’re looking at, though, can have a large effect on what methods you might use to acquire said estimate.

A frequent starting place is the valuation of the business’s assets. There are typically two types of locksmith businesses: mobile and brick-and-mortar. The mobile business will have fewer assets compared to the brick-and-mortar locksmith; however, in this case, assets can be a misleading figure. A business of sufficient scale will have a large number of assets; however, this does not guarantee that the business will make you money without selling off assets.

One can also determine the value based on valuations of similar locksmith businesses – however, it can be difficult to determine the “similarity” of two seemingly like businesses.

In the case of a locksmith, which is typically a small business, you’ll likely find that the most assured method of evaluation is to first examine the company’s books, determine the annual profits (if you don’t know how to do this, you should learn before attempting to evaluate), and multiply by a standard coefficient. A common technique is to divide the profits by the current relatively solid interest rate of Treasury bills. This technique tends to provide reliable and accurate estimates and is widely used.

It’s important to remember, though, that businesses have no inherent value. Businesses are worth what they’re worth to you and the business owner– if you’ve had a childhood dream of owning a locksmith company, you’ll likely be willing to pay more than any “market value”; conversely, if the business owner had always dreamed of owning his own locksmith company, and especially if he’s put years of work into it, he may not accept an otherwise fair evaluation.

Evaluating a Company’s Credit Profile

company evaluations

Businesses undertake a credit analysis to determine their ability to meet their financial obligations. It involves analyzing audited bank statements for a company. The primary goal of embarking on this process is to assess the risks that can get borne in the case of a default. It also entails analyzing the value of the security that the company owns. It gives lenders a cushion for any unexpected losses that may result from failure to honor repayments.

 

How to evaluate a company’s credit profile

· Determine the ratio of assets to liabilities

It can get achieved by dividing the worth of assets by the value of liabilities. One should check out for a ratio of two or above. This ratio implies that the company is servicing its debts efficiently without any defaults. A lower ratio is a danger sign to the survival of the enterprise. It means that the firm is currently handling higher debts than it can manage.

· Check the bank statements

Lenders usually check the financial statements before issuing new loans. They look for the net earnings which should surpass the expected monthly payments. The financials which are commonly analyzed include the balance sheet and the profit and loss statement.

· Consider the length of servicing a loan facility

Existing loans that have a longer repayment period tend to be less attractive to new lenders. It is because of the risk factors involved due to the inability to determine the strength of the business in the future. Consequently, banks will opt to charge greater interest rates to cushion themselves from risks of non-repayment. Financial institutions will favor companies that have a clean record of monthly installments. You want to be sure to recognize how long do hard inquiries stay on your credit during this point.

 

How the credit profile affects the overall value of the company

Companies with a higher credit rating are better placed when it comes to accessing loans from lenders. It can help them meet their day to day activities since they are liquid. Creditors can be paid on time ensuring a smooth flow of business functions. Acquiring funds can also enable them to expand into other areas of operations hence reaching more customers. It gives them an edge to compete with rivals in the market. Partnering with other businesses becomes easier since new stakeholders feel at ease when it comes to availing of funds.

Credit analysis is a tasking but unavoidable process in any line of business. It aims mostly at availing crucial information needed by financial institutions that may consider lending to any enterprise. Getting accurate data is essential since it helps lenders avoid lending to risky businesses.

How To Appraise a Rug and Textile Business

rug company

A lot of people want to know how to appraise a rug company. A rug and textile company is like any other firm when it comes to buying a business. So you need to understand some important things before diving into the deep water of business acquisitions. So read on just to find out even more about this.

 
Assess the Assets
You need to assess the business`s assets. Take a look at the balance sheet so you can get an estimate of the value of the enterprise. You need to take a close look at the firm`s books. If you see that these books are not neat, you should walk away. The owner of the business should show you how the business is making money. He or she must have good books so you can know what`s going on. You can also value the business based on the cash flow, which means the money that the enterprise generates in revenue.  It’s also important to assess the cost of the materials and, whether or not, they are made in the USA.

 
Ask the Stockbroker
You can even ask your stockbroker so you can get the sales multiplier for a particular industry. This professional can help you out right away, as he or she might have done tons of valuation in many industries. Remember that you need to do your due diligence and research. You should also write a letter of intent to your seller. This document should have the terms of the purchase, the price, and the conditions to buy the business. You should also write a confidential agreement. Now, you just have to review the business`s financial statements.

 
Tax Returns
Take a close look at the enterprise`s tax returns. You need to review the document from the last 3 to 5 years. Look over also employee contracts, sales reports, and customer lists. Call in a lawyer to help you out dealing with the process. He or she will review any legal document. Hire an accountant to look over any financial record. You should also assemble a team of professionals in various areas of the business landscape such as operations, sales, marketing, finance, investment banking, accounting, law, valuation, and others. Make sure there is constant communication inside the team too.
As you can see, purchasing a rug firm is not hard. Remember that you can use a wide array of valuation methods ranging from asset valuation to cash flow valuation. You should keep these types of valuations constantly in mind if you want to purchase a business these days. So what are you waiting for? Purchase a rug company right now and gain more market share right away.

 

Why Hire an ASA?

business valuation

THE ADVANTAGES

  • Experience  –  ASAs must demonstrate five years of full-time equivalent experience in business valuation to get their professional designation. The American Society of Appraisers also awards the professional designation AM (Accredited Member) requiring demonstration of two years of full-time equivalent experience. ASAs have experience in appraising a wide variety of companies – public and closely held, large and small – and have experience in appraising a wide variety of business intangible assets.
  • Education  –  ASA has an extensive, long-established educational program including a core series of courses, various advanced courses and seminars, an annual cross-discipline international conference, and an annual advanced business valuation conference. To get their designations, candidates for an ASA or AM designation must complete the core series of four three-day courses in business valuation and successfully finish a half-day test following each course. (Alternatively, a candidate for a designation may challenge and pass the final eight-hour comprehensive examination.) To retain their designations, ASAs must demonstrate participation in continuing education.
  • Standards  –  In their business valuation work, ASAs and AMs are required to adhere to clearly defined standards. The compliance of ASAs and AMs with these standards assures those who rely on their appraisals that there are standards for the techniques utilized and that the techniques are accepted in the professional community. The American Society of Appraisers, through its Business Valuation Committee has developed a set of Business Valuation Standards (click here to see these standards). These standards are to be used in conjunction with the Uniform Standards of Appraisal Practice (USPAP) developed and published by The Appraisal Foundation, which was authorized by Congress as the source of appraisal standards and appraiser qualifications. (The USPAP Standards can be purchased from the Appraisal Foundation at: www.appraisalfoundation.org/ )
  • Tested  –  To get their designations, candidates for an ASA or an AM must pass (with a score of 75%) four half-day tests following the first three core level courses (or they must pass an 8-hour challenge examination). In addition, they must pass a 1-hour ethics examination.
  • Review  –  An ASA’s work product has undergone strict professional review. To get the ASA or the AM designation, a business appraiser must submit two appraisal reports that meet the examining committee’s approval.
  • Ethics  –  One of ASA’s primary objectives is to ensure ethical practices and procedures on the part of its members. The society is diligent in its efforts to strengthen and uphold the Principles of Appraisal Practice and Code of Ethics (the code of conduct to which all members must subscribe) in order to protect the client.
  • Professional Journal  –  The Business Valuation Committee of ASA has published a quarterly technical journal, Business Valuation Review, since 1982. This professional journal gives ASA members access to innovative discussions of business valuation theory and practice.
  • Multi-discipline Appraisal Organization  –  The multi-discipline nature of ASA strengthens business valuation members of ASA. They have the opportunity to share information with and learn from appraisers in other appraisal disciplines, such as real property and machinery and equipment.

THE VALUATION EXPERTISE YOU NEED

The meticulous ASA accreditation process ensures that ASA-accredited appraisers are accurate, impartial, and credible. They are educated and experienced in their fields and are respected members of their communities. ASAs include leaders in the business valuation field and the authors of many of the most authoritative business valuation texts. Among the ASAs who have authored leading texts, are the following:

  • Shannon P. Pratt, FASA, is the author of many texts in this field, including the pioneering Valuing a Business and The Lawyer’s Business Valuation Handbook recently published by the American Bar Association.
  • Gordon V. Smith, ASA, and Russell L. Parr, ASA, are authors of a number of books, including the recently updated Valuation of Intellectual Property and Intangible Assets.
  • Z. Christopher Mercer, ASA, is also a widely-published author and his books include Quantifying Marketability Discounts and Valuing Financial Institutions.
  • Robert F. Reilly, ASA, and Robert P. Schweihs, ASA, who along with Shannon Pratt have authored editions of Valuing a Business and Valuing Small Businesses & Professional Practices and who together authored The Handbook of Advanced Business Valuation and Valuing Intangible Assets.
  • Jay E. Fishman, ASA, along with Shannon Prat are the authors of Guide To Business Valuations, volumes 1,2 and 3.

 

In short, ASA-accredited appraisers have the valuation expertise you need.