News on Youtube May 4 2018

Hi, my name is James Shepherd.

In this video, I'm going to talk to you about how much residual can you make selling

merchant services.

Now this is a really important question, one that I get asked all the time because in the

previous videos, we've been talking about up-front bonus money and sales and all that.

Of course, all that stuff is really important, but when it comes down to it of course, you

want to make residual.

That's the whole reason people leave insurance and real estate and automotive to get into

merchant services because they want to build a big residual portfolio.

Today I want to talk to you about your residual split.

Before we dive into that again, if you've been following along with the previous four

videos, you know you got to go to instantquotetool.com.

You don't need to sign in or sign up.

Just go to instantquotetool.com and click on goals.

If you click on goals, what that's going to do is it's going to take you to our income

calculator.

This income calculator is for any processor out there.

It just is a way to help you to figure out based on some core assumptions, how much money

are you going to make selling merchant services.

I want you to scroll down.

I'm going to walk you through real quick in case you missed the previous four videos,

definitely go back and either watch or listen to those episodes.

The sales per month year one we have at 12.

The sales per month year 2 we have at 7.

The sales per month year 3 and on we have at 5.

The average up-front bonus, we have $450 because we assumed that we are doing half leases,

half free terminals.

The gross margin we talked about in the last video, which is extremely important.

For this video, you need to understand the gross margin.

That one is at $70.

We talked about the gross margin in the last video.

Now we are going to talk about residual split.

There is one really important thing I left out of the last video that I'm going to

start this video with and that is your Schedule A cost.

In the last video, we talked about there is two important things in determining how profitable

an account is going to be.

The first one is what size account are you going after?

Is it a big account?

Is it a small account?

We didn't talk about the second one.

The second one is what about your cost structure?

Your processor is giving you something called a Schedule A. One thing I think is just an

absolute must, if you haven't done this yet, I think you are just crazy not to do

this.

We have here at our office at ccsalespro, we have a support team.

So if you email support@instantquotetool.com, send us your Schedule A from your processor,

whatever compensation details you want to have in there.

We will go in and we will load that in as a program for you in our instant quote tool.

Then you can run different scenarios, different size merchants, different types of merchants

and actually see what your projected residual per month is going to be.

I get a lot of people that are like, "Hey, I sell for two or three different companies.

How do I know which one to choose?"

Well, a big part of that decision should be what is your residual going to be.

You can compare apples to apples by loading them in.

Now just to be really clear.

At instantquotetool.com, we have a completely separate database.

Over there we are not using that data for anything.

That's just your data.

You are just putting it in and so if your processor has authorized you to have the data,

you can input the data yourself, or you can ask our support team to help you input the

data.

Again, it is support@instantquotetool.com.

One thing I will tell you that is a huge red flag, if your processor is giving you grief

because "Well, we don't want to share the Schedule A with you.

We don't want you to know what your costs are."

Why do you think that would be?

That's obviously a big problem.

Right?

So make sure you have a good Schedule A. If you do, and you understand the last video

about profitability of the account, there is really only one variable left understanding

how much residual you can make selling merchant services and that is your residual split.

Again, if we go back to the calculator at instantquotetool.com and click on goals, we

have it set at 25% residual split.

That's a very conservative number and that's assuming that you are probably a sub agent

of another ISO.

You are getting a lot of support, a lot of leads, different things like that.

I would say an industry average right now is probably around 50%.

So I'm going to change that actually to 50%.

That is a 50% residual split.

Now the other industry averages I'm going to point out are going to be, don't totally

focus on that.

If you have a processor that offers you 40% residual, but they are going to give you leads.

Maybe you are new to the industry and they are going to give you coaching, whatever it

is.

There are other things.

It's not like you know, "Well, if it is less than 50%, forget that."

No, if they are going to offer you 30 or 40% residual, but you are going to get a huge

opportunity to make a lot more sales; that's great.

Also, some processors will offer more than that usually in exchange for no up-front bonus.

Some processors will offer you 70% or 80%, no up-front bonus.

The other thing to keep in mind is you want to be careful because some processors will

offer you a lot like an 80% split with an up-front bonus.

How are they paying for that?

Well, it's the Schedule A. They've taken the cost up.

So you are getting a big piece of a smaller pie.

You need to understand your residual split.

Work with your processor.

Make sure you understand it.

For the purpose of this mini-series, we are going to put it at 50%.

Then we are going to move on to the last assumption and then I'm going to make one final video

to walk you through.

How do these different assumptions; how do they relate to your overall earnings and income?

We are going to talk about that here in the next video.

For more infomation >> How Much Residual Can You Make Selling Merchant Services? - Duration: 5:13.

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How Much Does an Automatic Label Applicator Cost? - Duration: 3:49.

Are you considering automating

your current labeling solution,

but worry about what it might cost you?

What if I told you

that automation can actually reduce costs

and proves a shockingly high ROI.

In this video, I will guide you through the many ways

in which automation can actually lower costs

and help you justify the initial expense.

(bubbly music)

We hear it all the time.

Customers who are desperate for a better labeling solution,

but worry about what it might cost them.

I'll let you in on a little secret.

It's not as expensive as you think it might be.

Your current labeling solution could

be costing you even more.

Let's find out if you're spending more

than you should be on labeling.

And stick around,

because at the end of this video,

I'll be sharing our secret formula

on how to justify this expense.

(light music)

As I'm sure you're expecting,

there are many different variables

to consider that will help determine the price

of your automatic label applicator.

Are you applying labels to flat or cylindrical objects?

Are you looking for a stand alone machine

or one that will integrate into your current processes?

What level of throughput are you expecting?

Are you working with limited space?

Consider asking your label provider to perform

an onsite audit to help you answer these questions.

We will then use all of these factors

to help narrow down our solutions

to find the one that will best meet

your needs and your budget.

(light music)

So, let's get down to it.

What's the price of an automatic label applicator?

The price can range from 20,000 all the way up to 175,000.

Don't worry, I know that's a massive range,

but applying the different variables we just discussed

will help to narrow it down.

For example, let's look at the labeling needs

of the healthcare industry.

A basic Microwell Plate Labeler will get your foot

into the door of automation for around 20,000.

A fully automated Tube and Vial Labeler

will average around 85,000.

Adding custom pick and place robotics

to this solution could get you up to about 165,000.

It all depends on the level of service you are looking

to achieve and what will be most cost effective

for your business.

And don't forget to leave room

in your budget for consumables.

These are recurring costs for things

like label stock and print ads.

These costs will vary based on your volume.

(light music)

Now, we understand that a major purchase

like this might seem daunting.

But consider what your labeling solution

is currently costing you.

If you're relying solely on a manual process,

you are incurring constant overhead expenses

from time and labor.

Add that to the cost of rework and waste

and you're probably already spending

more than what an automatic label applicator would cost.

But how long will it take

for that investment to balance out?

We've seen examples in the tire industry for companies

who have implemented a fully automated tread labeling

system have seen an ROI of less than six months.

All in all, the value the label automation can add

to your production, far exceeds the initial cost.

Follow the link below to use our justification formula

and start calculating how automation can add value

to your business.

Thanks for watching,

and if you liked this video please give it a thumbs up.

And for more videos on label automation,

please click subscribe.

(light music)

For more infomation >> How Much Does an Automatic Label Applicator Cost? - Duration: 3:49.

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How Fat Are You? The String Test - BBC One - Duration: 2:22.

Where we carry excess weight is crucial in deciding how damaging it is and those

most at risk have too much fat in a specific part of their body.

Apparently there's a very simple test you can do with a piece of string to

tell if you need to be worried. I wonder whether I should be worried. Hoping I'll

do better on this test, I'll be shown how it works by a nutritional consultant

Dr. Margaret Ashworth. Margaret, you asked me to bring some string

which I have done. I feel like I was in an Enid Blyton novel, got some marbles as well.

What do we do? Okay I'm going to ask you to step on the string.

No problem.

Margaret uses the string to measure from my heel to the top of my head.

That's your height.

I'm going to cut it there. Now I'm gonna fold the string in half.

To be healthy my waist size should be less than half my height so the folded string

should be able to go around my middle.

And now we see it meets. It just meets

but there's not much overlap there, Chris, is there?

If any. If any, to be fair.

But it does meet. It does meet.

So this piece of string, what does it tell us?

We know that your waist to height ratio increases when you have more dangerous

internal fat. But is this not what BMI tells us? BMI doesn't measure fat

distribution. Best way of explaining is that think of a, you know, a great hunky

rugby player? Like me?

Yeah, yeah, yeah, they might the same BMI as say, you know, one

of these chubby dart players but the rugby player would have much more muscle.

than fat, whereas the typical dart players could have more fat than muscle.

Okay and it's important where the fat is?

Yes, what we now know is it's the internal fat

that's wrapped all around the body organs. It's a physical presence. It wraps

around the heart, the liver, the pancreas and that raises the risk factors for

diabetes, heart disease and blood pressure.

So I'm on the cusp? You are.

Absolutely. Of having safe levels of fat? That's right. Yes. But it's not where you want to be. You

want to be under half? Just a bit under would be nice.

For more infomation >> How Fat Are You? The String Test - BBC One - Duration: 2:22.

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How Much Military Power Does The Netherlands Have? - Duration: 10:08.

The Netherlands is one awesome and amazing country filled with a great amount of diverse people and

Culture and although it may be small compared to other nations

It does have a lot of tricks up its sleeve such as a powerful economy culture and as well

They have

Contributed a lot to the world and you might be surprised at how strong its military might actually be and here on FTD facts we

Are gonna look at the country other Netherlands and learn some more things about the country and more especially its military. Hey everybody

How's it going welcome to FTD facts the channel where we talked about people?

We talk about cultures places and in this case we're talking about militaries from many places from all around the world now today

We are looking at the Netherlands because well first of all if you guys are from the Netherlands

You might be happy to know that we've done a lot of videos talking about this country in the past literally

I'm gonna put some cards up above throughout this video that you guys can check out

also

There will be some at the end of this video and for all those new people that are just tuning in for the first time

Here on FTD facts and wanting to learn more about the world

Well if you like learning about the world you like learning about cultures countries

Militaries and even like to learn about historical figures well hit that subscribe button because that's what we do here

We got a lot of surprising content

Which you will learn from but in that guise let's get started and before I do

I want to know if you guys could be in the military service which military branch would you be in I almost said like?

Military service, would you be in but you know that wouldn't made a lot of sense

But what military branch, would you be in would you be in the infantry would you be in the Navy?

Would you be in special commando units let me know down there, okay?

well

Let's get started now at any time during this video if you guys have suggestions for future videos be sure to put it down there

but here we go so looking at the military of the

Netherlands now the military is not really something you think of when you think of the Netherlands. I mean personally me

I think of just a very peaceful country kind of keeping to themselves

And doing great business around the world and very nice people and like it's fellow countries to the north Denmark

Sweden Finland and Norway

They don't seem to have a very extremely armed country and as a matter of fact its east-west and southern

Neighbors like Germany the UK France and Belgium are a little more equipped for all the countries in Europe

But either way that doesn't teach her that the fact that the soldiers of the Netherlands are some of the best trained in the world

As well they trained with other countries from around the world and defend their nation for a good cause now

Let's start off by breaking down the numbers

Let's take a look at how big this military actually is now the military is known as the Netherlands Armed Forces

and they have approximately a population of

17 million people throughout the entire country now that is the population of the Netherlands and not the population of the army

Overall the whole country has a manpower of approximately seven million eight hundred

Thousand people and approximately six million three hundred and twenty-five thousand people are fit for service

But diving deeper the actual military personnel of the Netherlands sits at approximately

53 thousand two hundred and five people with an active personnel meaning people that are currently in the service working full-time are

About forty two thousand seven hundred and five people and the rest about ten thousand five hundred people are considered reserve personnel

Now also guys just a heads up when it comes to these videos

These are rough figures now no military likes to give out its complete numbers

I mean let's be real they just want to be secretive about certain things just

Because that's the way they are so these are rough numbers if they are slightly off guys. Don't go all like ah

Crazy because you know we're just getting a general idea here now one thing to mention when it comes to the military of the Netherlands

When we look at the army division it is known as the Royal Netherlands army

And they traced back to 1570 to but were officially created on january 9th

1814 and

because of its age it's one of the oldest standing armies in the entire world and this army has definitely taken place in many of

The wars in Europe throughout history especially the 80 year war now in today's world as of May 1st

1997 the Netherlands ended its compulsory attendance

However that doesn't necessarily mean conscription has ended within the country as a matter of fact

There is conscription within the Netherlands however

It is slightly different from what you think because basically every male citizen gets a letter at 17 years old saying they have been

Registered for the army, but keep in mind that doesn't mean they actually have to go to the service

It just means if they need you guess what they may call on you

Now keep in mind other countries like Carissa

Which is a country that is part of the Kingdom of the Netherlands does follow this?

Constitution and has what is called active social conscription meaning basically underprivileged males get the opportunity to have military training

Now let's dive even further

Let's go up in the air and let's take a look at their Air Force currently the Netherlands Air Force has

approximately an aircraft strength of

164 now to break that up approximately

61 of these are considered fighter aircraft with the f-16 being their main fighter aircraft and besides the

f-16 the Netherlands is looking to replace these fighter aircrafts with the

F-35 as the Netherlands is one of the original nine partner nations for the f-35 and is actually the second international

Partner to receive f-35s and it was in March of 2015

That the Dutch parliament approved the order for these new aircrafts in which approximately eight of them will be delivered by 2019

Now as for their attack craft

they set out approximately 66 and

Transport craft come in at 41 their helicopter strength however comes in at 74 and with that in mind their attack

helicopters come in at 28 and their main attack helicopter is the

ah-64d Apache

helicopter now

Let's go back on down earth and see what they got on the ground now the combat tanks of the Netherlands sits at

approximately 18 and

basically the Dutch give approximately a hundred troops to the German Dutch Panzer Division of the four fourteenth battalion and

Currently the main battle tank of the Netherlands is the leopard 2a6?

Which is actually a very popular tank within all of europe places like Germany and even

Sweden use them and as for their armoured fighting vehicles. They have approximately

979 with 200 of them being box or armoured fighting vehicles which are actually German and Netherlands in design created through a cooperative

European design project and besides the boxers they also use the Swedish CV 903

5nl which approximately 92 of those are an active service and the rest of them are in storage giving a total of

149 now for the Navy assets let's go on to the sea now similar to the Netherlands neighbors to the north such as Sweden

Finland and even Norway

They have a very small Navy with approximately 56 Navy assets now two of them are

considered frigates which are ships from the early 90s and for the destroyers they sit at four with most of them being in the

2000 eras with the most recent being the Everest InDesign from 2005 as for their submarines they are from the 1990s

And they're approximately four of them being in diesel and electronic design, and of course the Netherlands doesn't really need it

But they don't have any destroyers or any aircraft carriers and the rest of it is all patrol craft

Minesweepers and things like that now before we move on to some other things

It should also be noted, and I like hearing this because I am Canadian

But the main battle weapon that the Netherlands uses for its soldiers is the Canadian c8 and LD which fires a NATO

5.56 round and asked for its light machine guns

They use the Belgium, FN minimi now one thing for the Netherlands when it comes to this country

We got to keep in mind with all these machines

They do need a lot of oil and as a matter of fact when it comes to the Netherlands they produce approximately 28,000

120 barrels a day however they consume about nine hundred and ninety thousand barrels a day and for the reserve oil barrels

They have approximately

114 million seven hundred

thousand barrels also guys

I don't really know if when it comes to the consumption of oil whether or not that is all government stuff

Or it's just military

I'm not entirely sure but one thing that we do know for sure is that the Netherlands does not have any nuclear

Capability however this country is a part of NATO which basically means that they have nuclear weapons sharing agreements

But keep in mind guys

This is a country that actually does create a lot of the

Compounds to make nuclear weapons and weapons of mass destruction and of course throughout the years that has done many things to ratify the nuclear

non-proliferation treaty and

Biological convention, and it close it all out guys last thing

We got to look at is the budget of this military because for the budget of the Netherlands military as of 2015 they spend approximately

1.2. Percent of its GDP and as for their budget in 2018 it was recorded to be approximately nine billion two hundred three

Million nine hundred fifty-three thousand euros so that is a brief look at the military area of the Netherlands

I'm sure we could go into greater detail about what this great country has to offer when it comes to its military power and although

It may be a small country

We should not forget the fact that the troops and the soldiers of the Netherlands do great to contribute around the world when necessary

My name is Dave Walpole, and I want to thank you guys for tuning in and learning about the Netherlands

I hope you guys really

Really liked learning about this video and as well as like I said if you guys have any suggestions for future

FTD facts videos if you guys want us to talk about any military from any other countries around the world

Just let us know down there in the comment section below because that is what we do here also

We also talk about countries and stuff so if you guys want to learn more about the Netherlands at the end of this video

I'm gonna have a playlist for you guys and also something down there in the description box below

But thank you guys for watching, and we will see you guys in the next one cool alright. See you later. Bye. Bye

Wow

So you guys made it to the end all right?

so here's those videos that I was telling you all about it's always great to learn about many countries from all around the world and

What they are doing not only to protect themselves?

But also to help the world around them so stay tuned with us guys because we got some great videos for you guys to check

Out and we will see you in the next one okay, alright. I'm finally getting out of here. I swear. It's happening

Bye

For more infomation >> How Much Military Power Does The Netherlands Have? - Duration: 10:08.

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Tax Reform 2018: How the new tax bill will affect your mortgage - Duration: 0:48.

Today I'm going to specifically talk about the home mortgage interest deduction.

Many of you know you can only deduct interest up to $1 million dollars of mortgages.

That was what the prior law was.

Now under the new law effective December 15th,

for any new mortgages, the limitation has been reduced to $750,000.

In other words, interest on a mortgage will only be deductible

on any new mortgage up to $750,000.