Questions When You Are Buying a House

Massachusetts, Methuen resident, Benjy Orbach has gathered experience over the years in everything that surrounds business, including real estate. Benjy Orbach provides friendly customer care treating clients like family and his guiding principle in business is listening and helping clients get what they want matching all their needs.

When you are buying a house, the first thing that comes to mind is how much time you want to spend there. A house is a pretty expensive purchase for most people and to break even on one with a loan can take a lot of years. Job security is another aspect that people encounter when buying a house. Safety in the employment department is mandatory for a purchase like this, and having opportunities in the community can help make that decision in case of an unpleasant surprise.

Buying a house should be a well-thought decision as a house represents a responsibility. Once you own a house, it is your responsibility to fix any problems. Local Market Indicators also can dictate the pace of a transaction or offer and eliminate options when buying a house. Some cases and markets offer a better deal if the house is bought rather than rented and the other way around, so keeping in touch with the local markets and the options you have can help you save some money.

Importance of Leadership in Business

Benjy Orbach is a resident of Massachusetts, Methuen and he is an experienced entrepreneur and businessman. Over the years he gained experience in real estate and sales. Benjy Orbach was given an award by the Emerging Leaders Development Institute (ELDI) for his leadership programs.

Leadership is an important aspect of everything whether it is a sport, an organization, or a business. Strong leaders translate into strong results and achievements and more productivity whereas weak leaders can hurt the business in the long run. Leaders provide support, guidance, and advice for the employees that enhances both the organization and all the employers inside it. Motivation is an important aspect that a leader has to cover.

Not having a plan of business will likely lead to poor outcomes, so a leader has to come with effective plans and provide good communication with all employers so that everyone can understand their job and position. Handling people is a hard task for anyone and success comes on the back of the employers, keeping them happy and motivating them will get bigger results than making them scared or stressed. A good relationship with employers eventually leads to success.

The Leadership Journey Training Program

Based in Methuen, Massachusetts, Benjy Orbach has acquired extensive experience as an operations and sales manager over the past 30 years. Benjy Orbach completed a leadership certificate program at the Leadership Development Institute.

The Leadership Development Institute (LDI) provides leadership training programs and seminars. As part of its catalog, LDI offers a six-month program titled The Leadership Journey (TLJ). As a leadership development program, TLJ is designed for employees who seek to become skilled supervisors and managers.

The competency-based program curriculum covers five key executive core qualifications: leading people, leading change, mission success, building partnerships, and business acumen. By learning the necessary skills to achieve these objectives, participants will be prepared to excel as senior leaders in any organization.

Additionally, participants attend six sessions scheduled over the course of the program’s duration. Each in-person training session is led by a qualified instructor who guides the participants throughout the program. Sessions address important topics such as strategic thinking and data analysis.

Integrating action-based learning, TLJ also includes a team project which all participants must complete by the end of the program. Teams cooperate on the project, which will tackle real life problems. 

Race for the Cure Goes Virtual

Residing in Methuen, Massachusetts, Benjy Orbach is an accomplished operations manager. In addition to his professional achievements, Benjy Orbach actively participates in charity events such as the Race for the Cure.

The Race for the Cure is a fundraising event organized by the Susan G. Komen Foundation for breast cancer. Typically held in different states throughout the year, Race for the Cure consists of 5K runs that promote awareness about and raises funds for the fight against breast cancer.

Due to the coronavirus pandemic, the 2021 Race for the Cure event series will be held virtually. On the day of the race, a live opening ceremony will be hosted on Facebook. Breast cancer patients and survivors will have the opportunity to share their stories online.

A special mobile application has been launched where participants can track the event, take quizzes, and engage in challenges. Participants will be encouraged to complete their runs in neighboring parks or on their treadmills. To successfully earn the Virtual Finisher Medal, participants must walk 6,000 steps and log them on the application.

Exploring Byron Glacier, Alaska

A resident of Methuen, Massachusetts, with experience in operations management, Benjy Orbach has a passion for travel and outdoor activities. Benjy Orbach’s travels have taken him to destinations including Alaska, which offers a wide range of scenic highlights, from fjords to mountains.

One noteworthy site is Byron Glacier, about an hour south of Anchorage near Portage Lake, on the way to the Kenai Peninsula. Starting at the Begich Boggs Visitor Center, a moderate trail less than a mile long follows a glacier-fed creek through an alluvial plain in Portage Valley that is verdant, rocky, and lightly forested with alders, aspen, and cottonwood trees.

Near the end of the trail, the forest thins out and approaches rugged cliffs that frame an expansive glacier. Every visit, the glacier has a different appearance, as the ice is constantly freezing and melting. At times, there may be ice caves, which some hikers explore, though the caves can be slippery and dangerous. With avalanches a risk during high-snowfall conditions, the valley tends to trap clouds, and rain is common. For that reason, full rain gear is recommended.

Way of Improving Business Processes

A Methuen, Massachusetts, professional, Benjy Orbach has a leadership background spanning operations management, sales, and marketing. Benjy Orbach’s expertise includes organizational strategies for improving efficiencies and decreasing operational costs.

One area of emphasis, particularly for smaller companies without large-scale solutions in place, should be on automation through the use of business process management software. Keep in mind that flow charts, Google Docs, and MS Word are tools for organizing data, rather than automation.

For automating strategy, look toward specialized platforms, such as QuickBooks for accounting and other platforms that automate human resources, workflow, customer support, and payroll. These are designed to amplify what human workers accomplish and reduce errors through populating data in ways that integrate with complex processes and decision points. In addition, such systems can bridge reporting gaps between departments and help eliminate the silo mentality that often arises when teams act independently of one another.

Business process automation, while beneficial, requires careful planning, as the division between automated functions and those managed by internal staff must be delineated in ways that make strategic sense. Consider bringing outside consultants on board to assess organizational needs and dynamics before implementing a change.

Ascending Quandary Peak in Colorado Rockies

Benjy Orbach is an entrepreneur in Methuen, Massachusetts who has overseen diverse sales, marketing, and operations management activities. An avid skier, Benjy Orbach also enjoys hiking and has explored mountains in the Colorado Rockies.

One of the classic routes in the Rockies is Quandary Peak, which is the most accessible of the “14ers” that rise more than 14,000 feet in elevation. Twenty minutes from Breckenridge, the 6.75-mile trek starts just to the north of Hoosier Pass and includes a significant climb, from 10,850 feet to 14,265 feet. Despite the elevation changes being within short stretches, there is little exposure to drop-offs along the course.

However, the trail gains a daunting 1,100 feet over the last mile to the summit, which makes the hike strenuous and recommended only for those who are fit. The peak also has the highest number of accidents for any peak of its height, which reflects the popularity and year-round accessibility of the route.

With the Quandary Peak ascent above the tree line, hikers often encounter marmots and hardy mountain goats. With lightning risk in summer months, hikers are advised to climb before midday to avoid the frequent afternoon thunderstorms.

The Secrets to Assembling a Profitable Rental Real Estate Portfolio

A resident of Methuen, Massachusetts, Benjy Orbach is a former sales manager who specialized in warehouse optimization. A real estate professional, Benjy Orbach has a record of matching buyers with their dream properties. He also specializes in helping real estate investors keep rental portfolios profitable.

Maintaining a profitable real estate portfolio boils down to two things, first is getting a great location and second is keeping a lid on costs. A property in a good location has great employment numbers, has low crime rates, and is in a well-performing school district.

You can check an area’s job availability rates from the US Bureau of Labor Statistics or from the local library. You can find data on crime rates at the local library or police station. Similarly, watch out for upcoming developments which may indicate the area is growing and a property’s proximity to public amenities that will appeal to tenants.

Next, consider the costs of owning the property. First, investigate the area’s average rent. Will this be enough to cover your mortgage payments? If not, look for a property that’s selling below market rate. Listing platforms like RealtyTrac.com usually have sections with properties up for foreclosure. Buying below market locks in a profit at the start and lowers your monthly mortgage payments.

Next, factor costs such as average vacancy rates, property taxes, and insurance. Municipality assessment offices have data on property taxes. Other costs include maintenance and repair costs as well as management fees. A profitable property will earn you a lot of rental income, incur little monthly expenses, or do a bit of both. 

Why Companies Calculate Their Expense

A sales and operations leader in Methuen, Massachusetts, Benjy Orbach worked as an operations manager for one of the largest import retailers in the country. Overseeing a territory that consisted of 10 stores and two customer service centers, Benjy Orbach had oversight over warehouse operations and budget preparations. He performed critical financial arithmetic such as calculating the business’ expense-to-sales ratio.

The expense-to-sales ratio, also called the operating ratio, is a calculation that reveals a company’s operational financial health. In simple terms, it is calculated by dividing a company’s expenses by sales and then multiplying the result by 100 to get a percentage. Therefore, if a company’s expenses in 2020 were $100,000 and its sales $200,000, it had an operating ratio of 50 percent.

In practice, however, deriving a company’s operating ratio is much more complicated. For example, only operating expenses are used in the calculation. These are the costs directly attributable to producing and selling a product or service. They include rent, utilities, office supplies, advertising, and salaries. Non-operating expenses like tax and interests on debts are not considered.

For sales, only net sales figures are included. This is the total revenue received in a year minus the cost of returns, discounts, and allowances. Both the net sales and operating expenses figures are derived from the company’s income statement.

Managers, executives, and investors use the operating ratio for comparative purposes. They can compare one year’s operating ratio to another year’s, one department’s or product’s ratio to another’s, or one company’s to another in a similar industry. Generally, a lower operating ratio is a good indicator that the company or department is efficient in how it spends cash to generate cash. A high operating ratio, on the other hand, shows that a company is inefficient in how it uses up cash to generate revenue.