Easy Merchant Cash Advance – Due to their high approval rate and inconvenience free terms and procedures, Merchant Cash Advances are now ending up being a highly preferable approach of financing capital. A little company with a constant stream of credit card sales can receive from 50 000 to 1.5 million Rand to use for whatever their requirements may be. Can you picture the opportunities and possibilities your business could strive upon with this capital?
Company cash advance suppliers anticipate their money to be paid back within the predetermined payment term. While loans are repaid with interest, the advance is repaid with a fee that is computed as a percentage of the credit card sales of the organisation. Just as the interest rate for long-lasting loans is greater than short-term loans, the charge charged for the advance also increases with the term of the advance.
In addition to the advantages it provides you an excellent source of competitive advantage by permitting you to take financial opportunities at the earliest. Keep in mind, time is loan! If you keep awaiting your loans to pass, then your competitors will march ahead. Don’t wait any longer, choose for an MCA and take your company to the new heights it is worthy of.
The RE exams can be a challenge to pass and lots of people take the exams more than once before passing. There is a large amount of course material and Lets Study Training Services offers you a workshop where we take you through the process, by doing mock exams can help you pass your exam.
What examination must I write?
Both the RE5 and RE1 are Level One examinations. RE5 is for Representatives and RE1 for Key Individuals. The RE3 examination is for licence category II candidates.
The FSB determines the fee. Currently it costs R1226 per exam, also in the case of a re-write.
What preparation material is available?
Please make sure that you first read the FSB’s Preparation Guide to see to it you follow the ideal procedure in preparing.
RE Exams – Both the RE5 and RE1 are Level One exams. RE5 is for Reps and RE1 for Key Individuals. Fully updated resources are available for those requiring access to the legislation applicable to the regulatory examinations. Please make sure that you initially read the FSB’s Preparation Guide to make sure you follow the ideal procedure in preparing. Remember that this exam tests your understanding about the laws applicable to the provision of financial advice and intermediary services. The questions are based on extremely specific qualifying criteria set out in the FSB preparation guide.
RE5 Study Material
RE5 Study Material – The amended requirements contained in the 2017 Determination of Fit and Proper Requirements will impact on the content of the study material for the REs.
RE1 Study Material
RE1 Study Material – It appears that numerous candidates underestimate the significance of correct preparation for this professional examination.
There are two standard documents which candidates need to study in order to ensure success:
The FSB recently updated its Level 1 RE Preparation Guide for Key Individuals and also Reps. Without at least reading through this, candidates have no idea of what to anticipate.
RE1 Exam – These regulatory exams form part of the competence requirements, and consist of two levels:
Regulatory examinations Level 1: These regulatory examinations must be completed within 2 years of appointment or approval. People currently in the industry appointed or approved between 2004 and 2009 must complete these regulatory examinations successfully by 31 June 2012. People entering the industry from 2010 must complete these regulatory examinations successfully within two years of appointment / approval.
RE Exams Expense
RE Exams Expense – The RE exam expense is R 1226 per examination as well as for rewrites.
FAIS Examinations – The students that are required to write FAIS examinations are reps that work in the insurance sector as well as provide guidance and/ or intermediary services to clients. The most common professions or work positions for the delegates who are attending the workshops are primarily, Sales Consultants, Client Services Consultants, Claims Advisors, Broker Consultants, Underwriting Managers, Retention Consultants, Branch Managers, Team Leaders, and Key Individuals and Sole Proprietors. The learners are required to rewrite FAIS Regulatory Exams (RE) Level 1 (RE 5 or/and RE 1), if they have not passed
Inseta RE5 – The content of these regulatory exams are based on the regulatory structure and the regulatory role of the individual, for instance the FAIS Act, Code of Conduct, FICA and so on. Please refer to BN 105 Annexure 1 for even more detailed information regarding the content. These regulatory exams are mandatory and all representatives and also key individuals are required to complete these regulatory examinations.
What Is RE5 Qualification
What is RE5 qualification – All Representatives, including those employed or mandated by an FSP, who provide a financial service to a client (excluding a person rendering clerical, technical, administrative, legal, accounting or other service in a subsidiary or subordinate capacity which does not require judgment or does not lead to a specific transaction in respect of a financial product in response to general enquiries) are required to write this exam.
Difference between RE1 and RE5 – RE1 is a basic exam that applies to all key individuals and sole proprietors in all the Categories. This exam contains 80 questions. All sole proprietors as well as key individuals that are responsible for managing and supervising a company relating to the rendering financial services for FSPs in Category I, II, IIA, III and IV are required to write this exam.
RE5 is all Representatives, consisting of those employed or mandated by an FSP, who render a financial service to a client (excluding a person rendering clerical, technical, administrative, legal, accounting or other service in a subsidiary or subordinate capacity which does not require judgment or does not lead to a specific transaction in respect of a financial product in response to general enquiries) are required to write this exam.
Regulatory Examination – It is accepted worldwide practice and standard to establish professional examinations for professions. The FAIS regulatory examinations are, therefore, not one-of-a-kind.
RE5 certificate – There are daily requests for duplicates of outcomes, or RE1 certificates and RE5 certificates from candidates who mislaid their own. You can download and install these from the website of the company where you wrote the exams.
RE1 Examinations Study Material
RE1 examinations study material – The Inseta website has been redesigned, and students wishing to download and install the preparation material for the regulatory examinations may experience some trouble in finding it.
How To Pass RE5 Exam
How to pass RE5 exam- The first two will be easiest for those who understand their material well. Levels 3 as well as 4 are usually much longer type questions, requiring much more thinking to reach the right answer.
A simple bit of math will certainly reveal that 35 of the 50 questions in the Representative’s examination are taken from levels 1 and 2. This constitutes 70% of the questions.
When it comes to the Key Individual examination, it is 54 of 80 questions, or 67.5% of the questions.
A longer type of question will take more time to read and answer than a shorter one, yet a right answer for either type of question will only score one point. According to the exam tips from the regulator, the following is a guide to the time allocation per type of question:
– Knowledge: ½ – 1 minutes per question
– Comprehension: 1 – 1½ minutes per question
– Application and analysis: 1½ – 2 minutes per question
This is clearly just a basic guide, yet it helps to know where you can save time, and where you are most likely to spend more time.
RE5 Training course
RE5 training course – In truth there is no course for the RE5 qualification. There are however workshops that usually strech over 2 days where you will get the assistance you require to pass your RE5 exam.
RE1 Training course
RE1 training course – In truth there is no course for the RE5 qualification. There are however workshops that usually strech over 2 days where you will get the assistance you require to pass your RE5 exam.
RE Exams Registration
RE exams registration – There are several centers where you can register for the RE exams, the most popular being Moonstone. Some of the workshop providers will also assist you with your registration when attending the workshops.
RE5 Study Material pdf
RE5 study material pdf – The study material for both RE1 and RE5 is available in pdf format from the INSETA website. When attending a workshop to prepare you for the exams you will most likely receive the printed material.
The Financial Advisory and Intermediary Services Act, 37 of 2002, (“the FAIS Act”), came into effect on 30 September 2004. The objective of the FAIS Act is to:
Protect consumers, and Professionalise the financial services industry.
The Act requires all financial advisors and intermediaries (providers) to meet certain competence requirements. At the time, the competence requirements consisted of experience and qualifications. To aid industry participants, the initial qualification requirements needed to obtain a licence to act as a provider were “reduced” from full qualification requirements to skills programmes (or credit requirements) to help those in the industry that did not have any formal qualification as well as those who had to start with studies as a result of the promulgation of the FAIS Act. The intent was always to gradually increase the qualification requirements to the requirement that providers should have full qualifications.
Consequently thereof, the Decision for Fit and also the Appropriate Needs for Financial Services Providers, 2003, had to be assessed. The FSB started an extremely intensive consultation procedure with the industry regarding the competency requirements. A “blank slate” approach was followed. Simply put, the existing Fit and Proper requirements were set aside completely and industry stakeholders were welcomed to provide input as to what requirements would be suitable, reasonable and “workable for them”. Input was likewise acquired regarding what would be a useful and efficient method to implement the requirements, and what those requirements should be? The consultation procedure with stakeholders begun in October 2006 and continued up until September 2008. The consultation was open to any provider, individual, industry associations, professional body etc. Participants were mostly product experts, professional bodies, industry associations, providers, representatives from larger corporate companies, and even training providers that specialise within the financial services industry.
Regulatory examination — It is accepted worldwide practice and standard to establish professional examinations for professions. The FAIS regulatory examinations are, therefore, not one-of-a-kind. The purpose of the regulatory exam is to establish a minimum standard in regards to the following:
Knowledge and understanding regarding the role and responsibilities of a key individual or a representative under the FAIS Act. Although the FAIS Act has been in operation since 2004, it was generally accepted that the level of understanding, awareness and understanding of the responsibilities enforced by the FAIS Act on providers was lacking. This led to non-compliance with the provisions of the FAIS Act for instance; providers did not provide clients with the needed information as required by the FAIS Act.
Providers are further under the misconception that ensuring compliance with the legislation is the responsibility of the compliance officer. This is not the case– the key individual is accountable|liable to ensure compliance with the FAIS Act and also representatives also have specific responsibilities in respect thereof. The compliance officer is responsible for the monitoring of compliance only.
It was agreed that a once-off regulatory examination should|ought to address the problems referred to above, and would ensure that all providers have a proper understanding of their specific regulatory roles. The examinations would be compulsory for everyone rendering financial services to clients. This was also viewed as part of the objective to professionalise stakeholders in the industry and to have confidence that providers know as well as understand the legislation that governs their industry.
Students who attain these unit standards will be able to plan and conduct assessments within their field of know-how. This programme also covers the abilities needed to create and establish reliable assessment tools, within an outcomes-based framework.
Learners will be needed to finish a Portfolio of Evidence to support the proficient findings of the assessor. The student will be supported and directed towards reaching this objective.
With these unit standards, successful learners will be able to pursue a career as a/an:
Human Resources Consultant
Training and Development Specialist
Training and Development Manager
What does an assessor do?
In the context of education, an assessor identifies whether a student is proficient in relation to the requirements or results for a specific system basic or qualification on the National Credentials Framework (NQF). An assessor is accountable for:
Explaining the assessment process, as well as the required outcomes, to the learner.
Assessing the learner’s competence.
Giving constructive feedback on the assessment to the learner.
Recording the outcomes of the assessment.
This is a thorough course for effort prospects wanting to get in the expert market of training and advancement. Educators in addition to assisting in learning, require to be competent assessors to comprehend how reliable they have actually been in transferring learning. Our thorough course will supply you with all the necessary abilities and understanding for a successful profession in Assessment.
This course is designed to prepare you for a range of obstacles faced when dealing with learners in a school or the office environment. Understanding how to handle tight spots objectively, and with tact, is as crucial as being educated about the training and advancement of office abilities. The course is very useful and permits you time to internalize your discovering through activities, so you are be able to finish your POE on the last day.
In short, the workshop prepares you for writing and passing the exams.
The RE1 and RE5 exams are exams that you physically write at an exam provider such as Moonstone. The exam consists of a set amount of questions and a prescribed pass mark that you have to achieve. You have to register and pay the set fees at the provider when you register.
Upon the successful completion of the exam you will be awarded the certificate which is issued by the exam provider.
The RE1 and RE5 certification is not a SETA accredited certification and also does not count toward your NQF points.
The certificate is issued within the regulations of the FAIS and a requirement for certain services in the financial industry.
The RE1 and RE5 workshops are provided by service providers who are not necessarily registered as exam providers.
The exams are difficult and there is a huge amount of information that you need to know to pass the exams.
The purpose of the workshop is to provide you with a deeper understanding of the study material and the knowledge to enable you to pass your exam. Lets Study is a Workshop Provider and we have our own exclusive learning material which is condensed so it is easier for you to study for and pass your exams.
The reason why people do not write the exams directly after attending the workshop is that you still need some time to study the material.
The knowledge you attain at the workshop combined with your self study will enable you to pass your exams successfully.
The workshop and exams are separate costs, the cost for the exam at Moonstone is around R1300, and should you fail you will need to register again and pay the prescribed amount again.
The workshops cost is around R1995 – R3000 for a two day workshop (6 hours per day). This cost does not include the exam fees payable when registering for the exam at the exam provider.
Attending the workshop does not guarantee that you will pass the exams, BUT at Lets Study we are confident that once you have attended our workshop and have our exclusive study guide you will pass. We back this up with the only guarantee you will find, if you do not pass after attending our workshop we will enroll you in the next workshop free of charge.
The Advantages of Home Buying Programs For Single Parents
Several shops and groceries stores are now offering home buying programs for single parents. Single parents may not need to go to stores and shop personally. All they have to do is avail the home buying programs for single parent. Home buying programs for single parents covers shopping through website. You can shop online with a discounted rate and goods are delivered in front of your doors.
Saving energy and time means a lot to single parents. Their saved time and energy may be used to other useful things or chores. Single moms and dads are very thankful with these home buying programs for single parents, which afford them more time to monitor their kids’ activity.
To avail one of the ome buying programs for single parents, a mom or a dad must apply for membership. They may register at various shopping malls, websites, groceries, drugstores, bookstores, bakeshops or hardware stores.
The home buying programs for single parents are not only available at product oriented establishment but also at service oriented establishments. Service oriented establishments include barbershop, hair salon, massage and spa, health care and dental care.
Home buying programs for single parents offer products at discounted rates while others offer a ‘buy one take one’ scheme. Some establishments also offer surplus products in good quality conditions.
Service oriented establishments normally offer rebates or discounts. Sometimes they even offer free services for single parents. They even offer home rewards based on the consumables.
Home buying programs for single parents also offers home rewards wherein a mom or a dad can earn points for every shopping or services that they availed. Earning points in home buying programs for single parents have a corresponding product or item.
Home buying programs for single parents also offers free delivery. Members of home buying programs for single parents may place their orders via internet and through phone. Customers who purchased through home buying programs for single parents don’t need to pick-up the goods. All they have to do is wait for the items to be delivered at their doorsteps.
Some establishment requires certain distance to deliver the goods to their local customers. Customers living outside the delivery perimeter do not have to worry. The establishment offers delivery charges that every single parents will surely can afford.
Establishments also benefit greatly with their home buying program for single parents. The program minimizes and controls the number of people purchasing in the store, which in effect lessens the number of personnel. Home buying program for single parents also decreases the tension felt by the crews in dealing customers not to mention the advantage that they give to single parents.
Establishment offering home buying programs for single parents sprouted like mushrooms through years because of the advantages it caters to the single parents.
Single parents who come home straight from the office do not have much energy to carry heavy load of shopping items. It is very clear and understandable that single parents also need to rest and recharge their energy. Some single parents are not well informed about home buying programs to save on energy and cut the cost of their expenses.
Single parents who are in doubt of availing the home buying programs due to lack of information may simply call the desired establishment they wish to register for home buying programs for single parents and ask for their assistance.
Single parents should not take for granted the home buying programs even others are requiring for membership with payments in a lower amount. There are other establishments that are offering home buying programs for single parents with lifetime membership. Just think of the advantages of home buying programs for single parents that will bring to the life of single parents. The quality time, quality product and reserve energy that single parents will enjoy because of the home buying programs for single parents.
Single parents nowadays are very blessed because of modern technology they are now enjoying. These are one of the benefits of modernization. Computers and telephones are considers as necessity especially for single parents. Because of computers, establishments can create strategies and techniques to that can give convenience to people like the home buying programs for single parents.
The failure of marriage may be the cause of inconsistency among couples in communicating and interacting with one another both physically and emotionally. Couples tend to hate each other when they do not compromise each other’s mistakes. This often leads to unhappy marriages and even result to divorce.
Adultery is one reason why a marriage can lead to a divorce. Records show that the involvement of the spouse in an adulterous affair could trigger the separation and the spouse has the legal chance to file for divorce cases. Some people may think that adultery has little impact on divorce. Some believe that it is a symptom for a divorce. Adultery is an act of abuse, damaging both the emotional and physical aspect of the relationship.
The crud could be one reason why a couple resorts to divorce. There are times that even when the couple lives together, both could no longer feel the presence of each other in terms of the emotional aspect of their relationship. The lack of love and affection triggers a couple in grueling conflicts and physical abuse, which leads to divorce. Here are some tips on how husbands and wives can prevent divorce.
1. A couple must deal on all conflicting issues. It could be better for a couple to talk about their problems and be open to one another’s opinion. In this way, the couple may find ways on how they will resolve the problem.
2. Make some value on mutual interests. Couples who want to prevent divorce may find ways to have some moments where they can spend time and evaluate their emotions. They should make some effort to make it up for some lost time together.
3. A person always has the option to choose the person that could be right for him. It could be better if the person has the same perspectives and beliefs. This could lessen any irreconcilable differences that would lead to divorce.
4. Make the relationship work as the best of friends instead of just being partners. If there is friendship established within the marriage, there is a strong indication that the marriage can get stronger and even last forever.
5. Learn how to accept any disappointments and failures in the relationship. It can sometimes help when the couple knows all their limitations and imperfections in the marriage. Expressing anger is only normal but they need to make sure that it would only take a little time to release that kind of emotion.
6. It is important to take care of ones physical appearance. Staying beautiful and handsome can spice up the relationship most of the time. However, couples should stay healthy even when there is dieting involved in maintaining a perfect body.
7. Couples should be faithful and honest to one another. To make a long lasting marriage there must be fidelity and honesty in the relationship. They should not tell lies and should be courageous enough n bringing up any problems that may arise.
Always remember that couples are bound together because of love. Divorce may be prevented if couples will always put in mind that their marriage will last long enough and live up to the expectations that they promised to one another when the they exchanged vows. Those who do not agree on divorce are couples who believe that staying together gives them enough reason that marriage is very important as a family.
One of the hardest issues to survive in, as a single parent, is an overwhelming emotion that you should complete the role of both mother and father. This feeling evolves and will be more intense if the other single parent is not portraying a role that is active with the children.
You would probably fight this feeling often in two ways. Either you try to compensate by being both the mom or dad or you get on one of those wild life hunting explorations to search for a partner to fill in the other role. May I tell you a piece of advice? Neither one of these options will work. It is easier to say it than to do it.
Single parents always bring this feeling of guilt for the reason that their children do not obtain the love and care they could be getting from another parent. So what are you supposed to do? It is a very difficult situation.
For example, you are a single father with three children. This gets even more complicated if two out of the three are girls and you will have to choose between being a mom or to hunt for the mom to be able to have a better orientation for your daughters.
You would most probably go on an exploration to fill the second. Not a year has passed and you would probably go back to being a single parent.
As mentioned, this is never the answer. The lesson on that example is that you cannot replace the mom or the dad. Of course, this does not mean that it is impossible to find people who are ready to be a huge portion of both yours and your children’s life. What is really meant is that this should not be the reason of the relationship you from.
Instead of feeling that you need to replace your wife or your husband for your kids, why don’t you focus on what you need to provide or give to them? Being a single parent is not a reason for you to feel guilty. You should rather be proud that your sons and daughters have you.
This article is written to help you, single parents, realize that your children love you and if you are going to find another spouse or feel guilty, you are not going anywhere. Yo have to comprehend that single parents do not have to have a mate to make your kids glad.
If you are a single parent, then you are probably strongly thinking that you should fill both roles. This is empowered by the feeling of guilt for fitting our children in difficult positions. You have to get over this and recover as fast as you could.
You are only human; you are not a super hero. You cannot do everything by yourself and you should never feel that you are second best just because of this.
Your children do not all the time give a helping hand either. Children are not evil, crazy or anything of that kind, they are just being what they are, kids. It is what kids always do, and it turns out that it really works well for them. You need to adapt to working with your kids with your own provisions and not feel lower than appropriate for the reason that you cannot do something.
In total, you gain the respect of your kids if you follow what this article just said. No matter how much and how well you try, you surely cannot be both your children’s mom and dad. So take this as an advice, quit trying.
You do not need to be fit and lean to make your kids love and appreciate you. They love you just the way you are. You should even appreciate yourself first in order to make your children and others appreciate you. You should know that parenting exercise is different.
Hmmm… You are most probably thinking that being a single parent drains your energy and will not let you have time for yourself. Well, tell you what, it does not. It helps you become stronger and it makes you appreciate yourself because of what you do.