President Bush has indicated it is imperative to kick America's oil habit. In conjunction with this goal Antonio Senzatela Jersey , the Department of Energy has just announced a $119 million dollar research initiative.
Money for Research and Development
Obviously, automobiles are the basis of America's oil addiction. Everyone seems to have at least one car if not more. To attack this problem, the current administration is putting a lot of emphasis on hydrogen fuel cell research for vehicles.
Hydrogen fuel cell vehicles are extremely environmentally friendly. They work by converting hydrogen and oxygen into electricity through a chemical process. This process is particularly attractive because it produces no pollutants, is nearly twice as efficient as combustible gas engines and relies on extremely plentiful resources that are not located in foreign lands. There are Tyler Anderson Jersey , however, a few drawbacks to hydrogen fuel cell vehicles.
Hydrogen powered cars are much more expensive than traditional gas powered vehicles. The technology is simply not advanced enough to make production cost effective. The vehicles themselves are also not particularly efficient at this point in time from both a performance and range perspective. The answer to these problems, of course, is research and development.
To spur research on hydrogen fuel cell cars Chad Bettis Jersey , the Department of Energy has created a Research Roadmap that is designed to identify and set goals for overcoming technical and manufacturing problems related to this new energy platform. At the Washington Auto Show, the agency also indicated it was kicking in $119 million dollars in grants to get the ball rolling.
The Department of Energy is focusing on a few key issues for research. They include improving fuel cell membranes, water movement within the fuel cell, advancing the chemical conversion process and addressing the impact of impurities in the fuel cells on performance and length of service of the automobiles. Each of these subjects has proved to be a barrier to mass production of hydrogen fuel cars.
The ultimate goal of the Department of Energy is to have hydrogen fuel cell vehicles in mass production by 2020. To this end Bryan Shaw Jersey , the $119 million dollar kick start represents a small part of the over 1 billion dollars the agency will devote to research and development on fuel cell automobiles. While 2020 may seem far into the future, at least we are taking steps to move beyond our reliance on foreign energy sources.
Small Business Tips: The Benefits of Factoring Business Articles | December 17, 2008 Owning a small business means keeping accurate financial records so you can monitor And determine its successes every month. Good record keeping also provides you with the information you need to evaluate financial decisions such as when it's time to consider factoring to make ends meet.
As many people know, owning and operating a successful small business means keeping accurate and timely financial records. Why? Because your financial picture allows you to monitor your small business and determine its successes every month. Good record keeping also provides you with the information you need to evaluate the financial decisions that you've made.
One thing many small business owners think is that they have to hire an outside accountant to run the business. This is not necessarily ture. Consider the fact that you could save money if you or someone in your company or family were to keep the books David Dahl Jersey , rather than a costly outside accountant. An accurate set of financial records in-house will minimize costs of paying an accountant and enable you to have more control of your business finances.
For example, what if your clients are late paying you one month, and you need more money to pay bills? Then you would know right away that you might consider factoring, a solution that could provide funds in about 24 hours. Accounts receivable factoring has been around for about 4 Ryan McMahon Jersey ,000 years, but single invoice factoring is a great new way to provide short-term working capital to a small business.
As you may not always get paid right away for a product or service that you have already delivered, factoring could be the answer. Today it is harder than ever before to secure alternative financing through banks or venture capitalists. Accounts receivable factoring, also known as spot factoring Chris Iannetta Jersey , is a fast way to turn your receivables into cash rather than waiting up to 90 days for an invoice to be paid.
It works like this. A factoring company will take a long look at your client's credit, instead of yours, then if approved, you will get paid in around 24 hours. Fees for this service vary. Factoring companies collect the funds from the customer.
Financial tips for operarting a small business includes the fact that it is important to keep your records including canceled checks and other business documents in an orderly and safe place. Put your receipts in the proper categories throughout the year so it will be easier to total them as tax time approaches.
Small businesses aren't required to keep a formal set of books Kyle Freeland Jersey , but make sure you choose the best record keeping system. Here are a few more tips:
- Employee compensation records -- make sure you keep tabs on what you pay your employees and when raises, bonuses or commission checks are due.
- Expense summary -- keep records of your monthly business expenses.
rd of gross income that is totaled daily, weekly or monthly Ian Desmond Jersey , and keep track of where the funds came from.