Monthly Archives: February 2017

Why It Makes Sense To Sell Royalties

While it may seem like good fortune to be placed in the position of receiving gas or oil royalties, there may be times when the long term money may not be suitable for the recipient. Here are some of the top reasons why one may want to sell oil and gas royalties.

If there are multiple recipients of royalties toed to one estate, the amount that each person gets after the money is divided may be a small pittance when thinking in terms of distribution over the course of time. For this reason, many people may prefer to just take their share in one payment and not have to deal with the hassle of dividing the money up between siblings or other relatives.

Many times, beneficiaries of royalties underestimate the amount of paperwork and tax preparation that needs to be done. This paperwork is not a one-time occurrence, either, it must be dealt with on an annual basis for as long as the person is receiving royalties, no matter how large or small the amount may be. To relieve themselves of this kind of needless stress, many people choose to just sell their claims to any royalties outright.

Never let it be said that the oil and gas industry is without risk. In fact, with the fluctuation in market prices and political uncertainty, there could be times when the royalty payments could amount to next to nothing. To avoid this uncertainty and cash in when the price is still at a fair rate, it may be wise to sell your claim to any royalty payments and just get paid in one lump sum.

Many people enjoy the convenience and relative safety of selling their royalties in return for a guaranteed lump sum payment. This frees up their time to take the money and travel, buy a new home, pay off debt, or any number of things that they may have been wanting to do but could not when being paid in small annual or bi-annual royalty payments. For recipients of these smaller payments, they are much happier with their single payment.

Simple Ways to Promote a Safer Work Environment

Image courtesy of David Castillo Dominici at

Despite many advances in technology, accidents can and will happen on the factory floor. Although it’s practically inevitable, there are some steps that can be done to both reduce the occurrence of accidents, and to hopefully mitigate most of their potential for damage as well. With that in mind, this guide will offer a few tips that any manager can undertake to promote a safer work environment and ensure that their company is insulated from any potential lawsuits.

Stay Updated

One of the most important ways for a factory to stay safe, or any business for that matter, is to always be investing in new technologies that can remove much of the work’s burden on humans. For example, industrial mixers, such as those built by Aim Blending, can ensure that chemicals and waste are properly handled. This prevents workers from taking the unnecessary risk upon themselves, and can potentially keep the entire area safer as a result.

Adopt Efficient Management Techniques

There has been a considerable amount of research conducted on the difference between a manager and a leader. While some people try to imagine themselves as a leader, the truth is that more people need to recognize their role as a manager instead. Leaders are really only concerned with results, and tend to view people as a means to an end. By contrast, managers should be concerned with each person as an individual, and look for opportunities to help them be comfortable in their work environment. With that in mind, try to adopt a management style that takes this into account. The more attuned you are to the needs of your workers, the less likely something unexpected will happen to them on your watch.

Develop a Cohesive Safety Program

Safety manuals can typically be filled with a lot of information. Even if most of it is useful though, odds are good that people will ignore it or disregard it the first chance they get. Even with an effective manager, it can be difficult for people to simply keep up with all of the protocols and bureaucratic steps involved with a process. In order to make things easier to remember, the first step is to roll everything into a single and cohesive program that is easy to remember. In doing so, you’ll ensure that people are more likely to actually pay attention to it and not take it for granted.

While these steps may not completely remove any accidents from your factory or work environment, they can at least make it feel safer. By treating people well, and investing the proper technologies, you can make your place of business somewhere that workers actually want to go, rather than dread.

Movies on Netflix

Since I’m recuperating from last year’s surgery I was able to finish watching several movies on Netflix. I’m currently watching season 6 of Teen Wolf, an American supernatural drama. Next on my list is a movie titled The Music of Strangers, which is a documentary about the journey of cellist Yo-Yo Ma’s ensemble, a group of more than 50 artists who broaden musical horizons around the world. I’m sure to see several instruments some of which could be from braintree ma at Guitar Center.