WEST RIDGE EXECUTIVE PLAZA

Naveen Marasinghe asked:


This mammoth plaza located at a walking distance, away from Beijing’s Forbidden City is home to a wide plethora of offices, apartments, shops and hotels. The Oriental Plaza in Beijing is a one stop shop for practically anything you will ever need. The mall is host to a variety of branded goods stores such as Apple, Bally, Bossini, Burberry, Espirit, Givenchy, H2O, Jack Jones, Max Mara, Only, Paul Smith, Sisley, Soda, Tag Heuer, Valentino and Vera Modo and more.

The Oriental also features a grand cinema hall for those who desire to watch the latest movies in style and a CRC supermarket for all your grocery and household needs. Besides the rich variety of shopping options, The Oriental Plaza is also home to the Sony Explora Science Museum, The Wanfujing Paleolithic Museum, and Ten Fu’s Tea.

The Sony Explora Science Museum displays cutting edge technology as well as offering dramatic recreations of scientific experiments that are mainly targeted at children. The museum’s sleek look is definitely not to be missed.

Visit Ten Fu’s Tea and experience the time honoured tradition of every visitor receiving a free cup of tea as soon as they enter. Visitors can also sit and enjoy various types of tea with no pressure to make a purchase which makes a visit to Ten Fu’s Tea a must.

The Wanfujing Paleolithic Museum was built purely by accident as upon the grand plaza’s initial construction stages it was revealed that the ground that was chosen to lay the foundation was actually the site of a temporary camp over 24,000 years ago. It is said that the discovery was the archeological find of the Paleolithic Era in Beijing since the discovery of the Peking Man in the 1920’s.

Visitors to the museum can find the reconstructed digpit, a selection of original artifacts as well as a variety of displays that help explain the situation at the very site as it was over 24,000 years ago.

Getting to the mall is easy and a variety of Beijing hotels lie in the nearby vicinity of the Oriental Plaza. If comfort is your requirement, you need not fear as the area is home to numerous Beijing luxury hotels.

Sunbelt Business Brokers asked:


My neighbor asked me, “Why would anyone sell a successful company?”. He could not understand why anyone would leave a business that was doing well. Of course successful companies get sold all the time.

So why do these business owners sell? The short answer is that most closely held businesses sell for human reasons, such as burn out, retirement, illness, partnership disputes, family issues or other personal reasons. Usually the business is fine but the human being running the business needs a change. To understand this better it is key to understand the other options for exiting a business.

Close the Business/Liquidation

Closing a business that is profitable never makes sense. Even if the assets are liquidated the price is likely to be pennies on the dollar versus selling the business as a going concern with employees, customers and a reputation that is intact. Not only does the business owner get the lowest value but the employees, vendors and customers are hurt by this type of exit.

Accident, Illness or Death

No one wants to exit their business this way, but many do. The loss of an owner not only creates tremendous issues for the family but also creates a leadership void in the business. Even the most competent management can struggle when a key business leader is lost to a serious accident, illness or death. No one plans for this type of exit but many end up exiting the business this way because they failed to create an alternate plan.

Succession

Succession by a family member or key employee has its benefits. They know the business, its product or service, employees, customers and vendors. Succession can be operationally successful for the exiting owner if they make sure the successor is carefully selected, qualified and groomed for the position. The owner must be careful not to make an emotional choice of a relative or favorite employee but instead choose the successor with the right skills to lead the company into the future. You are not seeking an “Employee” mentality but an “Owner” mentality. If that rare person can be found in the business who can make the transition to Owner, they often do not have the cash needed to purchase the business. They are also likely to want to pay less for the business as familiarity will blind them to many of the value drivers of the company. So although succession can be operationally successful it is rarely a financial success for the outgoing owner.

Sell

Closing or liquidating the business minimizes the value to the owner. Accident, illness or death forces the issue on the owner. Succession provided a very limited pool of options with limited financial reward.

Selling on the other hand allows the business owner to decide their ideal timing, maximize the value of the business they worked so hard to build, coordinate the use of the sale proceeds for financial planning and align their personal goals with the sale of a business. Selling the business allows the business owner to create a wealth event and often significant on-going passive income without having to run their business.

Whatever they are, human reasons are always pushing and pulling on a business owner. Burn out, stress, divorce, illness, partner disputes and limited growth capital are some of the human reasons that push owners out of the business. Retirement, enjoying life, relocating, a new business opportunity and passive income are some of the reasons that pull a business owner out. Whatever the motivation, the fundamental reason a business owner chooses a sale as their ideal exit plan is control. The business owner chooses to understand the value of their business and to proactively pursue the right buyer and the right price. By selling a business you choose to exit your business by choice, not by force.

The professional team at Sunbelt Midwest can help you confidentially sell or buy a business in Minneapolis, Milwaukee, Chicago, and surrounding areas. For more information check out our site at http://www.sunbeltmidwest.com.

Sean Williams asked:


 

Have you seen statements such as:

“I earnt $253,256.34 online last year from the comfort of my home!”

 

What these statement are doing are advertising online business opportunities in which you sell a selected product or service, and then train other people how to do the same and make a commission from their efforts. This is otherwise known as network marketing.

 

I’m sure you have been tempted to invest in one of these businesses so you can make some great money, just as I was. But it is very important that you read the following article first…

 

Doing your due diligence before investing in anything – especially in a business is VERY important. It can minimise your errors and help you to avoid wasting precious time and money, not to mention avoid embarrassment.

 

I am now extremely happy about what I am involved in and can see the massive adavantages over a traditional ‘brick and mortar’ type of business. But I wasn’t always this excited… let me explain how my skepticism quickly changed to excitement.

 

How did I become so excited about what I am now involved in? I asked a simple question that applies to all businesses. Is there a DEMAND for this type of business? After some thought – the answer was a resounding YES! But let me explain why…

 

Firstly, you need to look at exactly what the products of these online businesses are. At surface value, you may find a travel club, or courses, seminars or perhaps even nutritional supplements like pills or juices for example. We shall call this the ‘Front End Product’.

 

But there is another product which is much more important that all these businesses have under the surface…

 

Actually, it’s a combination of a product AND a service. We shall call this the ‘Back End Product / Service’.

 

First let me ask you – why do you want to own a business in the first place?

 

It’s not the actual business that you want, but the things you think it can give you right? Whatever way you look at the question – it can be broken down into two main reasons:

 

*You have a passion for the product/service and want to share it with as many people as possible.

*You want to create wealth so that you can live a better quality of life.

 

The second reason is the most common answer. This is typically why you would buy into any business. You expect that the business will generate wealth for you, and set you and your family up for a more comfortable life.

 

So if we refer back to the ‘Back End Product/Service’ that would be part of your business – you are also paying for a service that will be provided by your sponsor or enroller. They will show YOU how to grow a successful business.

 

You will then provide that service to the people YOU sponsor. That is the back end SERVICE.

 

The back end PRODUCT that you will offer is leaders. Your online business will produce LEADERS.

 

So there are two key components to these online businesses – both must be there, both must be of a high quality, and both must be in demand.

 

Front End Product: Usually something tangible that you can read, listen to, experience or consume (a nutritional product for example).

 

Back End Service: Train people to become leaders, set themselves free financially.

Back End Product: Leaders that can produce more leaders.

 

Is there a demand for the back end SERVICE? Absolutely yes. Millions of people around the world desire to fire their bosses, work for themselves and have more money. You can show them how! You have a way for them to exit the ‘rat race’.

 

Is there a demand for the back end PRODUCT? Without a doubt yes. The world always needs more leaders. Human beings are drawn towards leaders. People with the ‘alpha’ personality will always thrive. It’s encoded into our DNA.

 

I hope you can now see why I am so excited about the online business I am involved in. If you have the desire to create wealth and help other people – then this industry is going to be very rewarding for you.

 

I must warn you though – online businesses are a ‘dime a dozen’ these days. Some are a complete waste of time and have very hollow products and poor leadership. They are out to make a quick buck off you.

 

Be responsible and do your due diligence. If you look hard enough the cracks will show and something won’t sit right with you. Listen to your gut. You will know.

 

And likewise when you do find the right online business opportunity, it will just make sense to you and you will feel good about it (again, listen to your gut here).

 

To save yourself a load of time and wasted money – take the time to review the business that we are involved in. Click here: http://www.cashflowultra.com and follow the simple steps to get an overview of our exciting business opportunity.

Lori Olson asked:


want to start a legitimate online business, you must start by separating the facts from the hype. Commonsense will tell you that if it seems too good to be true, then it is. Why then do so many people “fall” for these claims? It is because these claims tug on our emotions, dreams, hopes and desires. They take advantage of the mystery of the internet; the fact that many people are just a bit in the dark as to how things “work” with an online business. On top of this, there is a pile of testimonials that support the claims of making a ton of money overnight. This additional element is what pushes people to suspend commonsense. People figure, “What do I have to lose? It is not that much money….and what if it really works?” The trouble is that this sort of thinking can lead to a string of purchases that really do not amount to much online progress but instead really start to add up dollar wise. People who go to weekend guru seminars really need to guard their wallets, because the hype is on maximum drive at these events. No doubt that the seminar attendee will pick up some valuable information. It is a well known sales tactic that giving away free information earns buyer trust and that it will encourage people to want more. This formula really works

This formula should be used by everyone with a product or service to sell; whether the business is online or offline. It is just that the emotions and the expectations are so out of whack with so many online plans that they seem to border on being schemes. Anyone who wants to establish a legitimate online business needs to guard against unrealistic expectations and develop a plan and timeframe for getting things done. Those who do this will remove themselves from the ranks of opportunity seekers and place themselves on the path of establishing a real online presence.

So, the first important step to developing a legitimate online business is to realize that it will take time and planning to establish an enduring online presence. A systematic approach that has proven methods will help your business be found online. There needs to be a commitment to sticking to a plan and discipline to follow these methods in a consistent fashion.

The second step is to understand what your particular strengths and interests are. This can help you identify an online business model that will be right for you. You must consider the way you expect to monetize your site. Will you sell goods or services, generate leads, have a membership site/subscription program or have a content site that sells advertising space? These models all generate money. Sometimes it is possible to overlap these models, but with a startup business in particular it is best to focus on just one.

Step three is to research your target market. You must know if there is a demand /interest for what you want to do. Are people buying in your selected market? If your target market is just information seekers consider that it may not be feasible to sell advertising (since your visitors would be already getting what they want from your content). There is an abundant supply of free resources that will clue you in to what people want. You can type in a keyword at Google trends to see what the interest in your topic is. The highest rated articles in any given category on Digg will give you ideas too.

Step four is to do thorough keyword research. This means that you find out the number of searches, the amount of competition for those keywords/keyword phrases and also if these are buying terms. If any of these three topics are not taken into consideration, your online business will be swimming up a raging river from the start. You can invest in all kinds of software to do your keyword research or you can make the decision to have experts do it for you. You really cannot afford to goof up here.

Step five is to select a domain name that has your keywords in it. This really is beneficial, so do the best you can.

Step six is to be smart about your website’s development. This means that you understand that your site really has two types of visitors; human and robots. It has to be user friendly to both of them. If the search engine spiders cannot make their way around your site; much of what you have done will be ignored. Your site must be code friendly and search engine optimized (SEO). Very often people think that it is enough to just place a list of keywords in the meta tags. Stuffing keywords is always a big mistake whether it is in your meta tags or on your web page. Good SEO is so much more than meta tags and meta descriptions. Great SEO is a full time job. When your keyword research is done right and you work consistently on SEO, your site will build an online presence. When this happens you will be found by search engines and human visitors.

When you build your website, you also need to build it for your human visitors. It needs to have a professional look (no spelling or grammatical errors and a polished look regardless of the style you choose) but it does not have to be fancy. It needs to deliver what your visitors expect for the search terms they used to find you. Your site needs to easy for people to navigate to find what they want. This will help you convert visitors to customers.

When this is done, you will need a way to measure and track your website’s visitors. This will give you the information you need to constantly make improvements and get the results that you want. Google analytics is free and is a great place to start.

These are the basic steps for creating a legitimate online business. It involves a lot of commitment in time, energy and money. Those who do it all themselves will be investing a lot of time in learning the details of what needs to be done. They will also need to spend a lot of time in order to get the SEO portion done right. People who do not have the time or interest in learning about all of this can just hire experts who will get it all done right in a timely fashion. It’s nice to know that affordable expertise is available (and cheaper than a lot of weekend seminars).

business phone australia asked:


If you are running a business then an effectual and clear communication is vital for a successful business. Hence, selecting a right business phone line is very important which sets up the communication among you and your business clients, staff and vendors directly. It has been proved that for the success of business whether it is of large, small and medium scale of enterprise, these systems plays great role and proved to be economical and valuable. Some companies consider the system to be complex but cannot ignore the convenience provided by it. Now, there are various service providers in the market that they are providing reasonable business phone answering machine.

Benefits of having a reliable answering service

It is simple to handle calls from anywhere and though you are out of from your office. With the help of business phone line answering machine you can reduce your phone bills and only you have to pay reasonable monthly bill. Now, no need to spend hours in attending phone calls and you can focus on your business.

Well-organized Call managing Service 24/7

With an answering system your works get much easier and with no delay all incoming calls are answered by call answering machines. If nobody is there to attend phone calls then all incoming calls are attendant by auto responders with a professional way. Your call can be directed to your numbers directly if you are not in the office or you are somewhere else. There are many features you will get with answering machines and these are like: Call conferencing, Dial by name, Fax, Dial by extension etc.

The business phone line systems are available in market in a wide range and you can choose the best plan at affordable rate for you. With its easy to use and quick responding features, you will have great benefit in your business.

You will get the features like:

Caller Id Call forwarding Auto attendant Recording of the calls Conference calls Multiple line capability Auto attendant Speaker phones Voice mail facility

 To choose the best business phone line you can browse internet and there you will get large information and you can compare features among many service providers. You can also have agents number who can guide you for selecting the right system.

Nowadays market is flooded with large collection of business answering machines and many providers are providing great discounts on their products. So, availing right answering machine for your business is not a big deal now. Only you have to choose the best suitable plan for you according to your business need.

We all know that voice plays a vital role for a successful business and whether it is easy PABX connectivity or a customized voice solution, you will get the best technology. At a very reasonable rate you will have a good automatic call responding machine and you can spend your valuable time for your business. Every successful business is having answering machine so consumers don’t get irritate of calling again and again.

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Abhishek Agarwal asked:


Financial executive recruitment is a very important process in any company. A lot of thought must be put into selecting the proper candidates for the post a good candidate will be an asset to the firm and so many companies actually outsource the process of recruiting their financial executives.

Business houses both large and small acknowledge that the process of recruiting financial executives is a very important process for the business. This is one reason that the top executives put in a lot of thought and effort when it comes to recruiting anyone involved with the financials of the business. Such is the importance of selecting the proper candidates for the post of financial executives in a company that there are companies set up for the very purpose of selecting financial executives and offer their services to all forms of businesses all over the world.

These financial executive recruitment companies are only too aware of the importance of selecting the right candidate for the post. They know that the talent of the financial executive will determine the productiveness of the business and so they assure the management of the best candidates from their data bases. All businesses large and small ate increasingly turning to these recruitment services to get the best executives to fill the vacancies in their companies.

These financial services recruitment companies are not limited to recruiting financial executives for the banking and the financial organizations but even for the accounting departments of all other businesses that need their services. Blue chip and regional companies are one of their largest clients. These recruitment services cater to companies needs for executive as well as director and CEO level executives as well.

So whatever the need for a business organization they invariably turn to a recruitment service provider who has a good reputation for providing a timely list of the most appropriate financial candidates for interview. The grass root sorting is done by the financial services and the final interview and selection is done by the top management of the business that requires the executive. A lot of effort is cut out for the management and they are presented with a list of the most eligible candidates for final interview.

In order to locate and recruit the best financial recruits for the industry it is important to have in-depth knowledge of the financial world and its requirements. You must also have the ability to attract the best candidates who are looking for a change and even those who are well settled but do not know that you have something better to offer them than they are getting presently. Financial recruitment services have this ability. They are in constant contact with the candidates they have placed and are doing well for themselves. These services can attract and recruit the very best financial candidates in the shortest time possible.

Getting the right employee is the first step towards better productivity. You definitely do not want someone who will change jobs a few months or a year down the line. Financial executive services ensure that the candidates they get you stick with you for longer periods of time by choosing the right candidate for the job.

Gregg Elberg asked:


There is a reason why accounts receivable financing is a four thousand year old financing technique: it works. Accounts receivable financing, factoring, and asset based financing all mean the same thing as related to asset based lending- invoices are sold or pledged to a third party, usually a commercial finance company (sometimes a bank) to accelerate cash flow.

In simple terms, the process follows these steps. A business sells and delivers a product or service to another business. The customer receives an invoice. The business requests funding from the financing entity and a percentage of the invoice (usually 80% to 90%) is transferred to the business by the financing entity. The customer pays the invoice directly to the financing entity. The agreed upon fees are deducted and the remainder is rebated to the business by the financing entity.

How does the customer know to pay the financing entity instead of the business they are receiving goods or services from? The legal term is called “notification”. The financing entity informs the customer in writing of the financing agreement and the customer must agree in writing to this arrangement. In general, if the customer refuses to agree in writing to pay the lender instead of the business providing the goods or services, the financing entity will decline to advance funds.

Why? The main security for the financing entity to be repaid is the creditworthiness of the customer paying the invoice. Before funds are advanced to the business there is a second step called “verification”. The finance entity verifies with the customer that the goods have been received or the services were performed satisfactorily. There being no dispute, it is reasonable for the financing entity to assume that the invoice will be paid; therefore funds are advanced. This is a general view of how the accounts receivable financing process works.

Non-notification accounts receivable financing is a type of confidential factoring where the customers are not notified of the business’ financing arrangement with the financing entity. One typical situation involves a business that sells inexpensive items to thousands of customers; the cost of notification and verification is excessive compared to the risk of nonpayment by an individual customer. It simply may not make economic sense for the financing entity to have several employees contacting hundreds of customers for one financing customer’s transactions on a daily basis.

Non-notification factoring may require additional collateral requirements such as real estate; superior credit of the borrowing business may also be required with personal guarantees from the owners. It is more difficult to obtain non-notification factoring than the normal accounts receivable financing with notification and verification provisions.

Some businesses worry that if their customers learn that a commercial financing entity is factoring their receivables it may hurt their relationship with their customer; perhaps they may loose the customer’s business. What is this worry, why does it exist and is it justified?

The MSN Encarta Dictionary defines the word worry as:

“Worry

verb (past and past participle wor•ried, present participle wor•ry•ing, 3rd person present singular wor•ries)Definition: 1. transitive and intransitive verb be or make anxious: to feel anxious about something unpleasant that may have happened or may happen, or make somebody do this

2. transitive verb annoy somebody: to annoy somebody by making insistent demands or complaints

3. transitive verb try to bite animal: to try to wound or kill an animal by biting it

a dog suspected of worrying sheep

4. transitive verb

Same as worry at

5. intransitive verb proceed despite problems: to proceed persistently despite problems or obstacles

6. transitive verb touch something repeatedly: to touch, move, or interfere with something repeatedly

Stop worrying that button or it’ll come off.

noun (plural wor•ries)Definition: 1. anxiousness: a troubled unsettled feeling

2. cause of anxiety: something that causes anxiety or concern

3. period of anxiety: a period spent feeling anxious or concerned…”

The opposite is:

”not to worry used to tell somebody that something is not important and need not be a cause of concern (informal)

Not to worry. We’ll do better next time.

no worries U.K. Australia New Zealand used to say that something is no trouble or is not worth mentioning (informal)”.

Query: if a business is financing their invoices with accounts receivable financing, is this an indication of financial strength or weakness? Query: from the point of view of the customer, if you are buying goods or services from a business that is factoring their receivables, should you be concerned? Query: is there one answer to these questions that fits all situations?

The answer is it’s a paradox. A paradox is a statement, proposition, or situation that seems to be absurd or contradictory, but in fact is or may be true.

Accounts receivable financing is both a sign of weakness with regard to cash flow and a sign of strength with respect to cash flow. It is a weakness because, prior to financing, funds are not available to provide cash flow to pay for materials, salaries, etc. and it is an indication of strength because, subsequent to funding cash is available to facilitate a business’ needs for cash to grow. It is a paradox. When properly structured as a financing tool for growth at a reasonable cost, it is a beneficial solution to cash flow shortages.

If your entire business depended on one supplier, and you were notified that your supplier was factoring their receivables, you might have a justifiable concern. If your only supplier went out of business, your business could be severely compromised. But this is also true whether or not the supplier is utilizing accounts receivable financing. It’s a paradox. This involves matters of perception, ego and character of the personalities in charge of the business and the supplier.

Every day, every month thousands of customers accept millions of dollars of goods and services in contracts that involve notification, verification and the factoring of receivables. For most customers, “notification” of accounts receivable financing is a non-issue: it is merely a change of the name or addresses of the payee on a check. This is a job for a person in the accounts payable department to make a minor clerical change. It is a mainstream business practice.

Bobby McFerrin wrote and performed a song called “Don’t Worry, Be Happy” for the movie “Cocktails” starring Tom Cruise. The song was a number one U.S. pop hit in 1988 and won the Grammy for Best Song of the Year. Here are the lyrics:

”Here is a little song I wrote

You might want to sing it note for note

Don’t worry be happy

In every life we have some trouble

When you worry you make it double

Don’t worry, be happy……

Ain’t got no place to lay your head

Somebody came and took your bed

Don’t worry, be happy

The land lord say your rent is late

He may have to litigate

Don’t worry, be happy

Look at me I am happy

Don’t worry, be happy

Here I give you my phone number

When you worry call me

I make you happy

Don’t worry, be happy

Ain’t got no cash, ain’t got no style

Ain’t got not girl to make you smile

But don’t worry be happy

Cause when you worry

Your face will frown

And that will bring everybody down

So don’t worry, be happy (now)…..

There is this little song I wrote

I hope you learn it note for note

Like good little children

Don’t worry, be happy

Listen to what I say

In your life expect some trouble

But when you worry

You make it double

Don’t worry, be happy……

Don’t worry don’t do it, be happy

Put a smile on your face

Don’t bring everybody down like this

Don’t worry, it will soon past

Whatever it is

Don’t worry, be happy”

The bottom line: “notification” should not be an issue in most situations involving accounts receivable financing; non-notification factoring is another option that is available for businesses concerned with confidentiality that meet minimum credit standards for asset based lending. Bobby McFerrin was right: “Don’t Worry, Be Happy”.

Copyright © 2007 Gregg Financial Services

www.greggfinancialservices.com

Nancy Bryan asked:


Guggenheim Museum

It is a museum of modern art! It was designed by Frank Gehry and situated in Bilbao. It was built on the shore of Nervion River. Main feature of this building -its curves, they are destined to catch light and to make unusual glimpses. This museum contains different exhibitions.

Plaza Mayor

It is a central Plaza in Madrid. It has a typical to Spain shape – rectangular. And it is a neighbour of another famous Plaza -Puerta del Sol. It was constructing during the Austrian period. If to count this Plaza has in general 9 entranceways! It name was changed several times! But nowadays, it has original meaning!

Toledo Cathedral

In general, Spain is well-known because of its cathedrals. There are three of them. This one is a bright representative of the Gothic style. This cathedral has great doors and facade of incredible beauty! Baroque altar is one of the most outstanding parts!

Segovia Aqueduct

This amazing site was built in the 1st century AD, it still exists because its foundations were mortar-less. It was built in Roman times. Also, this monument was left by Romans on the Iberian Peninsula and this monument is well preserved!

VH International Business Solutions asked:


For businesses that can’t afford to or simply don’t want to unnecessarily spend thousands on a full-time office… we offer a physical office address, phone, fax, reception and meeting space access for a fraction of the price.  A New York Virtual Office may be just the solution for you. Find out today with our July 2009 Virtual Office Address Trial Offer for only $12.50 per month.

Within one business day you can open your New York office on Broadway in the trendy Flatiron district taking our advantage of our trial office of US$12.50 per month, for 2-months of service including a physical New York office address with reception and access to meeting facilities.  

During the trial period, you receive everything you would at the standard rate.  Mail handling is available as well as meeting rooms, phone service, fax service, and all the extras!  All the benefits of having a real staffed office (not a mailbox or a fake suite number) without the overhead or headaches.

VIRTUAL OFFICE TRIAL

$12.50 per month for 2-months of Virtual Office. Virtual Office address includes:

-Physical Office address on Broadway with reception and meeting facilities.

-Mail handling privileges including mail-forwarding

-Meeting room rental privileges

For more service details, visit:  http://manhattanvirtualoffice.com/virtualoffice.html

To apply for this offer, simply click here to access the online application.

Offer valid for new approved clients only. Offer may not be combined with any other offer. Not valid on renewals or reinstatements. Applicants must order and have their completed applications approved prior to July 31, 2009. After the 2-months are up, you can opt to renew service. Renewal rates revert to standard rates.