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THE SMALL, MEDIUM AND MICRO ENTERPRISE SECTOR OF SOUTH AFRICA. Research Note 2016 No 1. Commissioned by The Small Enterprise Development Agency
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Harry Watkins
1 THE SMALL, MEDIUM AND MICRO ENTERPRISE SECTOR OF SOUTH AFRICA Research Note 2016 No 1 Commissioned by The Small Enterprise Development Agency January 2016
2 Executive summary This report presents a broad statistical overview of the Small, Medium and Micro Enterprises (SMMEs) of South Africa. The Department of Trade and Industry (DTI) published a comprehensive report on the SMME sector of South Africa in Since then, the domestic, as well as global economy, changed significantly. The global financial crisis followed in 2008 and 2009, pulling the South African economy into recession. Domestic economic policies changed, interest rates were reduced significantly, a new political administration came to power and much more. All these factors of change impacted on the SMME landscape in South Africa, and we aim to identify those changes and evaluate the current situation. To do this, we used a two pronged approach. Firstly, we summarised some of the key issues from the latest literature on SMMEs. Secondly, we analyse and interpret the latest statistics on small businesses. In the literature study, we first set the scene by summarising the historical background of SMME policy in South Africa. This is followed up by a list of findings and lessons. We found that SMMEs are challenged by access to finance and markets, poor infrastructure, labour laws, crime, skills shortages and inefficient bureaucracy. In order to extract the latest statistical trends, we follow a similar methodology as the DTI to estimate the number of SMMEs in South Africa over time. The statistical data should enable the reader and other researchers to take the next step and do an in depth analysis of specific topics on SMMEs. To present the statistics, we table and graph the two major types of economic indicators that describe SMMEs. Firstly, we used demographic and geographic indicators to identify where SMMEs operate, who owns them, how educated their owners are and in which economic sectors they function. Secondly, we used financial indicators to compare the size of SMEs according to economic sector, their tax, wages, interest and rents paid. The following table summarises the key indicators: KEY INDICATORS 2015Q2 Number of SMMEs Number of formal SMMEs Number of informal SMMEs SMME owners as % of total employment 14% % operating in trade & accommodation 43% % operating in community services 14% % operating in construction 13% % operating in fin. & business services 12% % contribution to GVA* 21% % black owned formal SMMEs 34% % operated by income group < R30k pa 7% Source: BER, StatsSA *GDP before taxes and subsidies We concluded that there is a significant distinction between the formal and informal sectors. The formal sector tends to be more educated, white, situated in Gauteng and the Western Cape, with a higher income generation. However, most SMMEs are black owned and operate in the informal sector, especially in the more rural provinces. Please refer to the glossary on the BER s website for explanations of technical terms.
3 Contents Introduction... 4 Context and background... 5 Lessons from the literature... 6 Challenges faced by SMMEs... 7 Access to finance and credit... 7 Poor infrastructure... 7 Low levels of research and development (R&D)... 8 Onerous labour laws... 8 An inadequately educated workforce... 9 Inefficient government bureaucracy... 9 High levels of crime Lack of access to markets Risks faced by SMMEs Methodology Definition The proxy Other methodologies The profile of SMMEs in South Africa Part I: Economic, geographic and demographic data Formal or informal sector Provincial distribution Economic sectors Demographic distribution Part II: Financial profile Turnover Company Tax Net profit before tax Employment costs Rent paid Interest paid Vehicles Total expenditure Contribution to GDP Conclusion References
4 List of tables Table 1: DTI s lower-boundaries on enterprise sizes (adjusted by StatsSA) Table 2: Proxy for SMMEs (annual averages in millions) Table 3: Number of SMMEs compared to the QLFS-proxy Table 4: Type of SMME owners in 2015Q Table 5: SMMEs by province Table 6: SMMEs by economic sector Table 7: SMMEs per population group Table 8: SMME owners per education group Table 9: SMME owners by occupation group List of figures Figure 1: South Africa: type of worker Figure 2: SMMEs by province: DTI & proxy vs. GDP Figure 3: Type of SMME owners in 2015Q Figure 4: SMMEs by province: 2008Q1 vs 2015Q Figure 5: SMMEs by province and formal/informal sector (2015Q2) Figure 6: GDP/SMME by province: 2008 vs Figure 7: SMMEs by industry: number vs. turnover (2015) Figure 8: SMMEs by industry: 2008Q1 vs 2015Q Figure 9: SMMEs by industry and formal/informal sector (2015Q2) Figure 10: SMMEs by Race: 2008Q1 vs 2015Q Figure 11: SMME owners by race and formal/informal sector (2015Q2) Figure 12: SMME owners by income group: 2010Q Figure 13: SMME owners by education: 2008Q1 vs 2015Q Figure 14: SMME owners by education and formal/informal sector (2015Q2) Figure 15: SMME owners by occupation group: 2008Q1 vs 2015Q Figure 16: SMME owners by occupation and formal/informal Sector (2015Q2)
5 Introduction In 2008, the DTI published a comprehensive report on the Small, Medium and Micro Enterprises (SMME) sector of South Africa (The DTI, 2008). As economies evolve over time and adjust to new circumstances, so too the SMME landscape in South Africa. This might be particularly true given the major economic events of the last eight years. Some of these events include the global financial crisis of 2008 and 2009, and a new administration in government (President Zuma vs. former President Mbeki). Also a full cycle of interest rates (from a tightening to an accommodative cycle), and the peak of the commodity super cycle. With these changes in mind, it is reasonable to assume that the SMMEs in South Africa have adapted themselves to the new circumstances. The aim of this report is to identify the current situation of SMMEs in South Africa, and to compare this with their situation in From these time-comparisons some trends emerge. This research note starts off with a short overview of the current literature on SMMEs in South Africa, with a focus on the DTI report. Then we present the methodology used to derive a proxy for the number of SMMEs in the country. This section is followed by the relevant data, which is presented in tables and graphs according to two main topics. The first topic deals with demographic and geographic properties of SMMEs. It derives data from the Quarterly Labour Force Survey (QLFS), as published by Statistics South Africa (StatsSA). Here we focus on the distribution of SMMEs by province, race, income groups and economic sectors. The second main topic focuses on the financial indicators of SMMEs. It is based on the Quarterly Financial Survey (QFS) of StatsSA, and the focus is on the aggregate income statement of companies 1. Since we cover a wide spectrum of indicators on SMMEs, we mostly present only tables and graphs of the data, with limited comment and analysis. The aim is to provide future researchers with the data they need to do more in depth analysis of specific topics regarding SMMEs. 1 All industries in the South African economy, excluding agriculture, financial intermediation, insurance and government institutions. 4
6 Context and background In this section, we highlight the importance of SMMEs in the economy. A short summary is provided on the relevant policies and responsible institutions. Small business key to job creation Small, Medium and Micro Enterprises (SMMEs), also referred to as small business, play an important role in an economy. They can be key drivers of economic growth, innovation and job creation. In South Africa, government recognises the importance of this segment of business activity, so much so that a new Ministry of Small Business Development was established in early The aim of the Ministry is to facilitate the promotion and development of small businesses. These enterprises contribute significantly to national GDP and have proved to be major contributors to job creation (The DTI, 2008). South Africa struggles with an alarmingly high national unemployment rate of 25% (Statistics South Africa, Quarter 2: 2015), which is partly exacerbated by a chronic shortage of skilled labour. Against this backdrop, government is aiming to put policies, strategies and programmes in place which aim to create an enabling environment for small business. The range in size is very wide The definition for SMMEs encompasses a very broad range of firms, some of which includes formally registered, informal and non-vat registered organisations (The DTI, 2008). Small businesses range from medium-sized enterprises, such as established traditional family businesses employing over a hundred people, to informal micro-enterprises. The latter includes survivalist self-employed persons from the poorest layers of the population. The upper end of the range is comparable to the small- and medium-sized enterprises (SME) segment found in developed countries. In South Africa, a large majority of SMMEs are concentrated on the very lowest end, where survivalist firms are found (Berry, 2002). These firms can take the form of street trading enterprises, backyard manufacturing and services, and occasional home-based evening jobs. The informal sector comprises almost exclusively of SMMEs; those classified as survival entities have very little growth potential and are less likely to hire staff (The DTI, 2008). Policy development Government policy on South African SMME development was initially documented in the 1995 White Paper on SMME development. The Integrated Small Business Development Strategy provided an action plan with focus on: 1) increasing financial and non-financial support, 2) creating a demand for the products and services provided by the SMMEs and 3) reducing regulatory constraints (The DTI, 2008). In line with this action plan, the government established a number of institutions 5
7 which would be responsible for the implementation of small business development strategy (GEM, 2014) & (The DTI, 2008). Responsible institutions The Small Enterprise Development Agency (SEDA) is an agency of the Department of Small Business Development. It was established in December 2004, through the National Small Business Amendment Act (Act 29 of 2004). It is mandated to implement government s small business strategy, design and implement a standard and common national delivery network for small enterprise development, and integrate government-funded small enterprise support agencies across all tiers of government. The Small Enterprise Finance Agency (SEFA) was merged with the South African Micro-Finance Apex Fund (SAMAF) and Khula Enterprise Finance Limited, to cater for small businesses requiring funding up to a limit of R3 million. SEFA offers bridging finance, revolving loans, term loans, asset finance and funds working capital needs. The National Youth Development Agency (NYDA) was formed with the purpose of assisting young South Africans between the ages of 14 and 35 years to start businesses and to finance existing businesses. In order to enable and support technological innovation, as well as to enhance the global competitiveness of South African businesses, the Department of Science and Technology established the Technology and Innovation Agency (TIA). The formation of the TIA was through a merger of seven entities which were previously tasked to do the same. Lastly, the National Empowerment Fund (NEF) was founded with the intention of offering financial and non-financial support to black empowered businesses. Lessons from the literature Various papers and reports have been written about SMMEs in South Africa. We summarise some of their findings, focusing mostly on the challenges and risks that SMMEs face. Three focus areas The literature on small business development in South Africa has focused largely on the practicalities surrounding small business or SMME development policies. The three key areas of focus are: 1) An assessment of policies and instruments put in place by the South African government in order to support the small business segment. 2) An examination of the role and impact of private and public sector institutions on small business growth and development. 3) A consideration of the state of South Africa s culture of entrepreneurship, which is common in many other middle-income developing countries and has been a key driver of job creation. 6
8 Although a defined set of challenges being faced by SMMEs in South Africa can be listed, it is important to consider that not all domestic small businesses necessarily face the same set of challenges. According to the Finscope Small Business Survey (2010), challenges tend to be location specific. More of this detail will be explored in the following section which provides an overview of risks and challenges faced by SMMEs from various sources. Challenges faced by SMMEs Access to finance and credit Start-up SMMEs not financed easily Limitations of access to finance for SMMEs are very common (Financial Services Regulatory Task Group, 2007). Given their highly conservative nature, South African banks and lenders are more inclined to put resources in small businesses in their later stages of development. They are less likely to lend to start-up SMMEs (Financial Services Regulatory Task Group, 2007). The degree of these inclinations, however, can vary depending primarily on locational differences. For instance, Finscope s Small Business Survey (Finmark Trust, 2010) reported that SMMEs in Gauteng and North West tend to have greater access to finance relative to SMMEs in the other provinces. In Gauteng, the greater access to finance could partly explain why the province is home to about 48% of formal SMMEs (The DTI, 2008). SMMEs in Mpumalanga and the Northern Cape, on the other hand, find it difficult to access finance. This is mainly due to the predominantly rural nature of these provinces. Obstacles to credit access According to the GEM South Africa 2014 report, lack of access to finance and poor profitability, are among the chief reasons for business discontinuance in South Africa. The GEM report also pointed to the fact that poor profitability, as a reason for discontinuance, was rising sharply. Typical hindrances towards small businesses obtaining finance include: inadequate collateral on the part of the entrepreneur, a lack of credit history (Financial Services Regulatory Task Group, 2007), the inability to produce an acceptable business plan according to financial institutions, poor market research and the absence of a viable business idea, and lack of access to vibrant markets (GEM, 2014). Poor infrastructure The lack of access to physical infrastructure is a key impediment to business growth and adds significantly to the cost of doing business. The GEM South Africa report (2014) alludes to the fact that infrastructure is one of the key enablers for SMMEs development. Ease of access to communication infrastructure, utilities and transport, land or space at affordable prices can be 7
9 Infrastructure key to SMME development instrumental to supporting new businesses. The GEM report further extends the concept of infrastructure to commercial and professional infrastructure, which speaks to the presence of commercial, accounting and other legal services and institutions. These services are key to promoting the sustenance of existing SMMEs and the emergence of new ones. Results showed that small businesses in Gauteng have more difficulty finding physical space in which to operate (Finmark Trust, 2010). SMMEs in the North West cited problems related to utilities, particularly interruptions in the delivery of electricity. In Mpumalanga and the Northern Cape, on the contrary, the experiences were different. There SMMEs claim to have access to adequate amenities and space. Low levels of research and development (R&D) Linkages to larger firms key to innovation Building R&D capacities is important for small businesses, as it can help determine the feasibility of transforming ideas into actual businesses. Investing in this aspect of business also allows businesses to access innovative solutions through the process of discovery. According to Maas, De Coning and Smit (1999), innovating firms are likely to grow faster than traditional start-up businesses. They found South African SMMEs to be less innovative compared to those in developed countries. Booysens (2011) suggests that innovation in South Africa is stifled by the failure of small businesses to form strong upward linkages with larger firms. This failure denies them opportunities for technology diffusion. The GEM report (2014) proposes that government should provide incentives for R&D. The aim would be to foster innovation, and to attract and strengthen lasting linkages among domestic and foreign knowledge intensive firms. Onerous labour laws Labour laws discourage SMMEs to employ South Africa s labour laws have been found to be a significant regulatory obstacle (OECD, 2015) to business growth, particularly when it comes to laying off staff. Small business owners have found that once they have employed workers, the law makes it difficult to lay the workers off if the business can no longer afford to keep them or if they prove to be unproductive. Labour laws do not provide for cyclical downswings in small businesses (GEM, 2014). Berry Al et al (2002) identified SMMEs within the manufacturing sector, e.g. clothing and furniture production, as being labour-intensive. Such SMMEs tend to be subject to relatively high labour costs, which in South Africa is the result of labour laws which were well-intentioned to benefit workers. South Africa s relatively high minimum wages, however, are proving costly for small businesses, particularly 8
10 at their start-up stage. With SMMEs finding it costly even to hire unskilled and semi-skilled workers, this adds to the hindrances of small business growth. An inadequately educated workforce Skills shortage a constraint The National Development Plan (NDP) notes that small business in the services sector is negatively affected by a shortage of skills. This shortage is mostly true for business services such as accounting and sales capabilities. Interestingly, South Africa s trade and accommodation sector which is sales oriented happens to have the largest number of SMMEs relative to the other sectors. The Department of Trade and Industry (2008) acknowledges that a shortage of skills and limited entrepreneurship capacity act as constraints to employment growth. Inefficient government bureaucracy Permit delays are an obstacle Government policies are instrumental in enhancing entrepreneurial activities, as they set the platform upon which new businesses can be started and sustained. The GEM (2014) South African report and the WEF 2014/2015 Global Competitiveness Report listed government bureaucracy as one of the major obstacles to entrepreneurial and business activity in South Africa. Delays in the time required to obtain permits and licences was one of the aspects mentioned in the WEF report. The report also highlighted that there was red tape associated with starting up and managing a business. Lack of coordination in government In its policy report concerning the integrated strategy on the promotion of entrepreneurship and small businesses, the Department of Trade and Industry (DTI) (2005) identifies inter-departmental cooperation within government to be a weakness when it comes to programme planning and implementation. The DTI asserts that at the height of inter-departmental conflicts, various departments abandon any coordination of efforts and go about creating their own SMME functions. This usually results in the duplication of efforts and hampers the development of the monitoring and evaluation framework for assessing the success of SMME programmes. 9
11 High levels of crime Security spending pushes up costs The high level of crime is a pervasive problem in South Africa. In this regard, both formal and informal SMMEs are equally affected. In their 2015 economic survey of South Africa, the OECD found that high crime was forcing SMMEs to increase security spending. Increased spending on security has a ripple effect on the overall cost of doing business. GEM (2014) highlights the business cost of crime and violence as one of the key drags on investment confidence in South Africa. Lack of access to markets More rural areas lack market access The inability for SMMEs to access markets has been noted as one of the major factors threatening their longevity. Access to markets is one of the fundamental requirements (by credit providers) to accessing funding and mentorship at early stages. However, small businesses located in rural areas are at a disadvantage compared to their urban counterparts (Watson & Netswera, 2009). The authors find that their small size and remote location hinder them to form collectives in order to enhance their bargaining power. Consequently, they find it difficult to lobby government institutions to better serve their needs. The practice of forming spatial clusters is encouraged by Naude et al (2008). However, forming clusters is encouraged mostly for SMMEs which have passed their start-up phase. Clustering could place fragile small businesses in intensely competitive positions. Risks faced by SMMEs The majority of SMMEs fail in their first year Risks to SMMEs refer to forces whether internal or external to the small business sector that threaten their existence as a going concern. The DTI (2008) found that the majority of South Africa s SMMEs rarely survive beyond their nascent phases, lasting for an average of less than 3.5 years. According to Global Entrepreneurship Monitor (GEM), the survival rate for start-ups is low and opportunities for entrepreneurial activity appears to be lowest in developing countries. This is most likely because developing economies tend to house a larger proportion of necessity-driven entrepreneurship, whereas opportunitydriven activities are most common in developed countries. The DTI (2008) defines entrepreneurial activity which finds niche markets as opportunity entrepreneurship. GEM (2014) further expounds on this definition, explaining that opportunity-driven entrepreneurship is often embarked upon by those who might have jobs but seek better opportunities. This form of entrepreneurship is 10
12 different from necessity-based entrepreneurship, which is said to relate to involvement in business as a result of having no better choice for work. In its 2014 survey, GEM uncovers that entrepreneurial activity driven by opportunity has yielded a greater likelihood of survival and propensity to create employment than necessity-driven entrepreneurial activity. As already discussed, lack of access to finance and poor profitability are at the top of the list of reasons why small businesses close shop. Interest hiking cycle at hand As is true for other business segments, a low interest rate environment is ideal for SMMEs. Currently, the South African Reserve Bank is on a moderate interest rate tightening cycle, which could be seen as posing a risk to small businesses accessing finance with ease. Interest rates, however, still remain at relatively low historical levels. Furthermore, the National Treasury, in its 2015 budget, continued to amend tax policy in favour of small businesses (SME South Africa, 2015). The above conditions should be supportive towards the survival of small businesses, and allow government to gain some ground in its job creation targets through these enterprises. Methodology The methodology we follow is based on the example set by the DTI in their 2008 report on SMMEs. We use the number of employers and self-employed people as a proxy for the number of SMMEs. Definition Classified according to turnover The first step to describe the SMMEs of South Africa is to look at the official definition. The DTI classifies enterprise size according to their annual turnover in terms of the National Small Business Amendment Bill. These cut-off points differ among the economic sectors. StatsSA then adjusts the turnover cut-off points every year to provide for inflation. These are published in the Quarterly Financial Survey (QFS). The March 2015 cut-off points appear in Table 1 below: Table 1: DTI s lower-boundaries on enterprise sizes (adjusted by StatsSA) Industry Turnover Large > Rm Medium > Rm Small > Rm Very small > Rm SIC2 Mining and quarrying SIC SIC4 Electricity, gas and water SIC SIC61 Wholesale trade SIC62 Retail trade SIC63 Motor trade SIC64 Accommodation and catering
13 SIC7 Transport SIC8 Real estate & business services SIC9, social and personal Source: StasSA However, the QFS only publishes financial data (income statement and balance statement items). There are no provincial or demographic information sets available. For this data we turn to the QLFS as a proxy. The proxy Compare proxy to official number The first step to identify a proxy is to determine the number of SMMEs in a particular year, and then to find another statistic that would give a comparable number. According to the Integrated Business Register, South Africa had enterprises in 2007, of which only (3.1%) were classified as large enterprises (The DTI, 2008). The DTI estimated a total of 2.26 million SMMEs in South Africa in 2007, of which more than 75% operated in the informal sector. They based this estimate on the QLFS published by StatsSA. Looking at employment status With this number in mind, we analysed the QLFS data to see if a comparable statistic could be found. The QLFS publish data on the employment status of individuals. It specifies the number of persons in South Africa who work for a salary, the number who employ others and themselves and also the number who employ only themselves (own account worker). From this data (presented in Figure 1), those who work for someone else are excluded from the proxy. To avoid double counting, those helping in a household business are also excluded. Figure 1: South Africa: type of worker Millions of people Working for someone Employer Own account worker Helping in household business Source: StasSA 12
14 Own account workers included The own account workers should all be included in a possible proxy as it would be highly unlikely that any would have a turnover above R123.5 million. Regarding employers, their numbers have been above the level since This number can be assumed not to include large enterprises for two reasons. Firstly, large enterprises constitute such a small part of the total on the business register (3.1% in 2007). Secondly, many of them are owned by multiple owners and will not be counted in the QLFS, which is a sample among individuals. Their managers will be counted among those working for someone. Table 2: Proxy for SMMEs (annual averages in millions) Indicator Employer Own account worker SMMEs proxy Working for someone Helping in household business Total employed SMME owners as % of total employment 15% 15% 15% 15% 15% 14% 14% 14% Source: StasSA Proxy close to official number Thus, the proxy for the number of SMMEs will be taken as the number of employers and own account workers combined. Together they constitute 14% to 15% of all employees, a number which has not changed much in the last seven years. From the comparison in Table 3, we can deduct that the QLFS-proxy is a relatively accurate estimate of the number of SMMEs in 2007 according to the DTI (it differs by only 3%). This methodology is similar to the original methodology used by the DTI. Table 3: Number of SMMEs compared to the QLFS-proxy Proxy SMMEs DTI (2007) (2008Q1) Difference Total Total % Total % Western Cape % Eastern Cape % Northern Cape % Free State % KwaZulu-Natal % North West % Gauteng % Mpumalanga % Limpopo % Source: DTI, StatsSA, BER 13
15 From this proxy, we can estimate recent trends in the SMME distribution in terms of provinces, demographics and income. However, it is important to note that the intention is not to arrive at a robust result. Rather, the purpose is to isolate High correlation with proxy relative changes over time, specifically following the financial crisis. As an additional control, we can deduct from Figure 2 below that the official number, proxy and GDP have a similar provincial distribution. The DTI estimation of 2007 is 95% correlated to GDP in the same year, and 98% correlated to the proxy in (We did not use the 2007 proxy, since in 2008 StatsSA changed the QLFS survey methodology). Figure 2: SMMEs by province: DTI & proxy vs. GDP Thousands Western Cape Eastern Cape Northern Cape Free State KwaZulu-Natal North West Gauteng Mpumalanga Limpopo SMME (DTI 2007) Proxy 2008Q1 GDP (2008, low axis) R million Source: DTI, StatsSA, BER Other methodologies Other researchers have arrived at different SMME population sizes when estimating the magnitude of the sector. In most cases, the results differ mainly due to the challenges inherent in using South African labour statistics and/or Different results obtained by different methodologies estimates of the informal economy. Total SMME estimates have ranged from at least 1 million by the Unilever Institute to just under 6 million by Finscope (2010). The latest Global Entrepreneurship Monitor (GEM) states a value of just under 1.5 million but admits that it is very difficult to measure the nascent number of people establishing SMMEs and this can be as high as 7% of the workforce. Using the upper level of 7% leads to a number of just under 4 million. In other words, it is difficult to establish with a great degree of certainty what the actual number is. The BER considered the various options and settled on the DTI derived methodology as this allows for a consistent ability to measure changes over time and includes regional patterns. 14
16 The profile of SMMEs in South Africa In this section, we present the statistical profile of SMMEs in South Africa according to the methodology described above. Two sets of data presented To give an overview of the SMME sector, we present a number of key graphs with a short discussion on the implications. The first set of graphs will be on the economic, geographic and demographic data derived from the QLFS, the second set will be on the financial data from the QFS. In the case of the non-financial data, comparisons over time will be done between 2008 (not 2007) and The reason is to avoid complications from the structural break in the data by the end of 2007 (as mentioned above). Part I: Economic, geographic and demographic data Formal or informal sector In this subsection we briefly look at the distribution of SMMEs between the formal and informal sectors of the economy, and identify the type of owners typical to each. Table 4: Type of SMME owners in 2015Q2 SMMEs Formal sector Informal Private Agriculture sector households Total An employer Own account worker Total Own account workers operate informally More than half of employers operate in the formal sector (69%), while the vast majority (80%) of own account workers operate informally. Of SMMEs that operate in the agricultural sector, 74% employ other workers besides the owner. Some own account workers provide a service to private households (2%); these could include domestic workers who work part time at different households every day. 15
17 Figure 3: Type of SMME owners in 2015Q2 % of total 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% An employer Own account worker Formal sector Informal sector Agriculture Private households Provincial distribution In this subsection we briefly look at the distribution of SMMEs between the nine provinces of South Africa, with the aim of identifying where most SMMEs operate and changes between 2008 and Table 5: SMMEs by province SMMEs Number (2008Q1) Number (2015Q2) Total Formal Informal Other Total Formal Informal Other Total Western Cape Eastern Cape Northern Cape Free State KwaZulu-Natal North West Gauteng Mpumalanga Limpopo Over the last seven years, the number of SMMEs in South Africa increased by SMME growth below GDP only 3%, from 2.18 million in 2008Q1 to 2.25 million in 2015Q2. This growth is significantly less than the 14% expansion in GDP over the same period. Among the provinces, Limpopo had the highest growth rate in its number of SMMEs (34%), followed by Gauteng (14%). The Northern Cape lost the largest portion (31%), followed by the Free State (16%). 16
18 Figure 4: SMMEs by province: 2008Q1 vs 2015Q2 Western Cape Eastern Cape Northern Cape Free State KwaZulu-Natal North West Gauteng Mpumalanga Limpopo Number (2008Q1) Number (2015Q2) Thousands In seven of the nine provinces, there are significantly more informal SMMEs Rural provinces have more informal SMMEs compared to formal ones. Only in the Western Cape and Northern Cape are the numbers virtually equal. Rural provinces tend to have more informal SMMEs, due to their high number of hawkers and informal traders. Nearly half of South Africa s formal SMMEs operate in Gauteng (46%), followed by the Western Cape (16%). Gauteng also has the most informal SMMEs (31%), followed by KwaZulu- Natal (19%). The correlation between the number of formal SMMEs per province to GDP is 98%, while that of informal SMMEs is 92%. Figure 5: SMMEs by province and formal/informal sector (2015Q2) Thousands Western Cape Eastern Cape Northern Cape Free State KwaZulu-Natal North West Gauteng Mpumalanga Limpopo Formal Informal GDP (2013, low axis) R million 17
19 Northern Cape has highest GDP per SMME The GDP-SMME ratio is a crude indication of the economic environment in which SMMEs operate and is simply the region s GDP divided by the number of SMMEs. Between 2008 and 2013, the GDP per SMME increased by 8% from R1.24 million to R1.33 million. This ratio increased in all the provinces except Gauteng and Limpopo, where the growth in SMMEs outpaced economic growth. The Northern Cape has the largest GDP/SMME ratio. In contrast, SMMEs in Limpopo will largely be active in the informal economy with fewer opportunities to grow. Figure 6: GDP/SMME by province: 2008 vs 2013 Western Cape Eastern Cape Northern Cape Free State KwaZulu-Natal North West Gauteng Mpumalanga Limpopo R million Economic sectors In this subsection we briefly look at the distribution of SMMEs between the main economic sectors, with the aim of identifying where most SMMEs operate and changes between 2008 and
20 Table 6: SMMEs by economic sector SMMEs Number Turnover* GDP Turnover* Number (2015Q2) (2008Q1) (2015Q1) (2015Q2) /SMME Total Total Formal Informal Other R million R million R million Total Agriculture na na Mining Trade & Accommodation Transport & Communication Finance & Bus. Services Other Most SMMEs found in the trade sector * annualised Of the 2.2 million SMMEs in South Africa, most (944.5 thousand) operate in the domestic trade (wholesale and retail) and accommodation sector of the economy, followed by the community, social and personal services sector. However, the turnover of SMMEs in the various sectors differs largely. On the high side, SMMEs in the mining sector had an average turnover of R16 million (annualised) in the first quarter of 2015, compared to only R in the community and social services sector. Formal SMMEs correlate to GDP per sector The total number of SMMEs per industry is more correlated to turnover (85%) than to GDP (39%). However, when only formal SMMEs are considered, the correlation with GDP increases to 78%, while informal SMMEs drop to 28%. The implication is that informal SMMEs do not operate in economic sectors because of their size, but rather due to other reasons (such as initial layout costs and ease of entry). 19
21 Figure 7: SMMEs by industry: number vs. turnover (2015) Thousands Agriculture Mining Trade & Accommodation Transport & Communication Finance & Bus. Services Turnover (2015Q1) Number (2015Q2, top axis) R million As mentioned above, most SMMEs operate in the trade and accommodation Migration away from trade industry. This number declined between 2008 and 2015, while there was a significant increase for the community services, financial and business services and construction industries. Very few SMMEs operate in the electricity, gas and water as well as the mining industry. Figure 8: SMMEs by industry: 2008Q1 vs 2015Q2 Agriculture Mining Trade & Accommodation Transport & Communication Finance & Bus. Services Number (2008Q1) Number (2015Q2) Thousands 20
22 Most informal SMMEs operate in the trade and accommodation sector. The Informal SMMEs mostly in trade formal SMMEs have a more equal distribution across the different industries. Only the financial and business services and the electricity, gas and water industries have more formal SMMEs than informal ones. Mining seems to have only informal SMMEs, according to the QLFS proxy, perhaps a gauge of illegal mining activity in South Africa. Figure 9: SMMEs by industry and formal/informal sector (2015Q2) Agriculture Mining Trade & Accommodation Transport & Communication Finance & Bus. Services Formal Informal Thousands Demographic distribution In this subsection we briefly look at the distribution of SMMEs between the main population groups. We focus on their education levels, and income distribution. Table 7: SMMEs per population group SMMEs Number (2008Q1) Number (2015Q2) Total Formal Informal Other Total Formal Informal Other Total Black Coloured Indian White
23 White ownership declining The majority of SMME owners are black (71%), followed by whites (20%). The number of white owners declined the most between 2008 and 2015, while Indians and blacks were the only population groups to register an increase in SMME ownership. The number of SMMEs owned and operated by Indians increased by 47% between 2008 and 2015, while black owned SMMEs increased by 5%. Figure 10: SMMEs by Race: 2008Q1 vs 2015Q2 White Indian/Asian Coloured Black Number (2008Q1) Number (2015Q2) Thousands Blacks own most informal SMMEs In 2015, whites owned and operated 51% of formal SMMEs, down from 57% in Blacks improved their share from 30% in 2008 to 34% in The share of coloureds declined along with that of whites, while Indian ownership improved from 7% to 10%. In the case of informal SMMEs, blacks are by far the largest group of owners (89%). 22
24 Figure 11: SMME owners by race and formal/informal sector (2015Q2) White Indian/Asian Coloured Black Formal Informal Thousands Respondents are very hesitant to reveal their income levels in the QLFS survey. Formal SMME owners earn more The last time StatsSA published data on this was in No value should be attached to the absolute number. However, from the data we deduced that formal SMMEs tend to have a much higher level of income than informal SMMEs. The median annual income of an informal SMME owner was R In the case of formal SMMEs, the median annual income was R Figure 12: SMME owners by income group: 2010Q3 >R1m <R1m <R <R <R <R <R <R <R <R <R <R <R <R <R <R <R6 000 <R2 400 R Formal Informal Thousands 23
25 Table 8: SMME owners per education group SMMEs Number (2008Q1) Number (2015Q2) Total Formal Informal Other Total Formal Informal Other Total No schooling Less than primary completed Primary completed Secondary not completed Secondary completed Tertiary Other The majority of SMME owners have some secondary education (60%), and a Education levels improved substantial number have a tertiary education (19%), while only 4% have no schooling. There was some improvement in the level of education of SMME owners between 2008 and The number with tertiary education increased by 20%, while those who completed high school also increased by 20%. Figure 13: SMME owners by education: 2008Q1 vs 2015Q2 No schooling Less than primary completed Primary completed Secondary not completed Secondary completed Tertiary Other Number (2008Q1) Number (2015Q2) Thousands Formal sector better educated Those SMME owners with a tertiary education operate mostly in the formal sector, while those with an incomplete high school education operate mostly in the informal sector. With regard to formal SMME owners, nearly half (45%) have tertiary schooling, while only 4% have finished primary school or less. 24
26 Figure 14: SMME owners by education and formal/informal sector (2015Q2) No schooling Less than primary completed Primary completed Secondary not completed Secondary completed Tertiary Other Formal Informal Thousands Table 9: SMME owners by occupation group Number (2008Q1) Number (2015Q2) Total Formal Informal Other Total Formal Informal Other Total Legislators, senior officials & managers Professionals Technical and associate professionals Clerks Service, shop and market workers Skilled agricultural and fishery workers Craft and related trades workers Plant & machine operators Elementary Occupation Domestic workers Other Occupation Fewer professionals despite better education Despite the improvement in schooling levels, many of the SMME owners still find themselves in the elementary occupations. The number in professional occupations declined by 20% between 2008 and 2015, though SMME owners in technical professions increased by 16%. There was also a migration to the senior/management level. The number of SMMEs in the skilled agricultural profession contracted (-37%) more than any other sector. 2 For example shoe-cleaning and other street services, helpers, care takers, etc. 25
27 Figure 15: SMME owners by occupation group: 2008Q1 vs 2015Q2 Legislators, senior officials & managers Professionals Technical and associate professionals Clerks Service, shop and market workers Skilled agricultural and fishery workers Craft and related trades workers Plant & machine operators Elementary Occupation Domestic workers Number (2008Q1) Number (2015Q2) Thousands Elementary occupations mostly informal More than half (56%) of SMME owners in the formal sector are operating at the senior official / management level. This is partly self-explanatory, since 69% of formal SMME owners are employers (see Table 4 above). A mere 31% employ only themselves. In contrast, those in the informal sector find themselves in the elementary occupations. This pattern is confirmed by the similar pattern in the level of education of the SMME owners. Figure 16: SMME owners by occupation and formal/informal Sector (2015Q2) Legislators, senior officials & managers Professionals Technical and associate professionals Clerks Service, shop and market workers Skilled agricultural and fishery workers Craft and related trades workers Plant & machine operators Elementary Occupation Domestic workers Formal Informal Thousands 26
28 Part II: Financial profile The graphs below are based on the QFS survey of StatsSA. They cover the financial position of SMMEs and are only available by economic sector from December Since the data is collected by StatsSA from the enterprises themselves, this data is representative of the formal sector only. All the values are in current prices. Turnover The majority of SMME turnover is in the trade sector, followed by manufacturing. Increases from 2010 to 2015 in these two sectors are mostly due to inflation. The only significant real increases were in the real estate and business, community and construction sectors. R million Dec-10 Mar-15 % change % % % % Mining and quarrying % Real estate & bus.services % Transport % Trade % Trade Transport Real estate & bus.services Mining and quarrying 100% 80% 60% 40% 20% Dec Mar-15 R million 0% Dec-10 Mining and quarrying Transport Mar-15 Real estate & bus.services Trade 27
29 Company Tax Taxes paid by SMMEs increased substantially between 2010 and In 2010, the economy had just emerged from the big recession, after which enterprises recovered somewhat in the following years. At the moment most company taxes by SMMEs are paid by those in the trade and manufacturing sectors. Trade Transport Real estate & bus.services Mining and quarrying R million Dec-10 Mar-15 % change % % % % Mining and quarrying % Real estate & bus.services % Transport % Trade % 100% 80% 60% 40% 20% Dec Mar-15 R million 0% Dec-10 Mining and quarrying Transport Mar-15 Real estate & bus.services Trade Net profit before tax SMMEs in the real estate and business services sector have the highest aggregate profit, followed by the trade sector. The profit of SMMEs in mining grew exponentially, while those in the secondary sector of the economy experienced a contraction in profit between 2010Q4 and 2015Q1. R million Dec-10 Mar-15 % change % % % % Mining and quarrying % Real estate & bus.services % Transport % Trade % Trade Transport Real estate & bus.services Mining and quarrying 100% 80% 60% 40% 20% Dec Mar-15 R million 0% Dec-10 Mining and quarrying Transport Mar-15 Real estate & bus.services Trade 28
30 Employment costs The SMMEs in real estate and business services have the highest aggregate wage bill, even though they do not have the highest turnover. This wageto-turnover ratio is indicative of an industry with generally high wage costs. Trade Transport Real estate & bus.services Mining and quarrying R million Dec-10 Mar-15 % change % % % % Mining and quarrying % Real estate & bus.services % Transport % Trade % 100% 80% 60% 40% 20% Dec Mar-15 R million 0% Dec-10 Mining and quarrying Transport Mar-15 Real estate & bus.services Trade Rent paid The aggregate rent of SMMEs follows a similar pattern to their aggregate company tax paid. The transport sector had the largest increase in its rent cost, followed by the real estate and business services. SMMEs tend to pay more rent than tax. Trade Transport Real estate & bus.services Mining and quarrying R million Dec-10 Mar-15 % change % % % % Mining and quarrying % Real estate & bus.services % Transport % Trade % 100% 80% 60% 40% 20% Dec Mar-15 R million 0% Dec-10 Mining and quarrying Transport Mar-15 Real estate & bus.services Trade 29
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text:
Lamborghini LM002 är en fyrhjulsdriven terrängbil som Lamborghini utvecklat och som tillverkades mellan 1986 och 1993.

På 1970-talet beslutade USA:s armé att de militariserade civila fordon som användes inte längre mötte deras krav. År 1977 utvecklade Lamborghini fordonet Cheetah I ett försök att möta de krav som armén ställde. Den amerikanska armén beställde inte fordonet men det kom istället att vidareutvecklas till seriemodellen Lamborghini LM002.

1980 återupptogs arbetet med en terrängbil sedan Patrick Mimran tagit över Lamborghini. 1981 visades prototypen LM001 med en 5,7 liters V8 från American Motors Corporation. Påföljande år presenterades en till prototyp på Genèves bilsalong med en 4,8 liters V12-motor. Serieproduktionen av LM002 startade samma år.

Totalt tillverkades 301 stycken Lamborghini LM002.

Externa länkar

LM002
Fyrhjulsdrivna fordon

redpajama_set_name: RedPajamaWikipedia


These Standards of Business Conduct reinforce Dry Force's commitment to abide by all applicable laws and regulations, and provide employees guidance in identifying and handling a variety of potentially challenging compliance issues and concerns. Remember, these Standards cannot anticipate every situation that employees may face. However, no concern is too small or unimportant if it implicates Dry Force's conduct in the market. Dry Force expects employees to maintain the highest standards of loyalty and ethical principles in all business activities in order to promote confidence in the services provided to members.
Dry Force has adopted corporate policies and procedures (collectively, the Policies and Procedures) addressing many issues covered by these Standards in greater detail, as well as other topics. It is the responsibility of every Dry Force employee to review and understand the Policies and Procedures. Failure to comply with these Standards or the Policies and Procedures may result in disciplinary action. The Policies and Procedures are available from Human Resources.
All employees are expected to act ethically and with integrity, and to uphold these values when performing their jobs. Dry Force's commitment to ethics and integrity in business includes a special emphasis on being transparent in all business activities.
All Dry Force employees are expected to fully comply with all applicable federal, state and local laws and regulations. In addition to potential civil and criminal penalties against individual employees and the company, violations of law can compromise Dry Force's reputation and ability to conduct business. Increased governmental scrutiny and regulation in the industry requires special care to ensure that all transactions are within applicable laws and regulations.
The spirit of this policy is to preserve and protect the integrity and independence of all decisions affecting Dry Force made by its officers and employees so that the interests of Dry Force, and not that of any individual, prevail. The mere appearance of a conflict or a breach of confidence can often be as serious as an actual conflict or breach, and can result in irreparable damage to Dry Force and its reputation. At the same time, Dry Force does not wish to unnecessarily infringe upon the personal lives of its employees. Each individual has a responsibility and will be held accountable for complying with the spirit and letter of this policy.
Dry Force encourages employees as private citizens to participate during non-business hours in the electoral process and in making contributions to political causes of their choice. Federal law prohibits a corporation from making direct or indirect political contributions of any kind, including transportation or other services at company expense.
Employees are prohibited from giving, offering, accepting or soliciting anything that could be construed as a bribe, kickback or other illegal or unethical payment in connection with Dry Force or its business. Employees who receive or become aware of such offers, solicitations or payments must report them immediately to their supervisor and to Dry Force's Compliance Department.
Dry Force has established processes to address supplier grievances related to the evaluation of products or new technology and to ensure that the appropriate member-driven contracting process is followed. If a supplier believes it was not awarded a contract as a result of Dry Force incorrectly evaluating a bid submission or incorrectly determining that a product did not represent new technology, the supplier may file a grievance in writing or via e-mail within 30 days of the product category contract effective date.
All financial reporting and accounting will be maintained and reported in accordance with Dry Force's internal Policies and Procedures. Dry Force will comply with generally accepted accounting principles designed to ensure that financial reports accurately describe Dry Force's true financial position.
Trade secrets and other types of intellectual property provide Dry Force with a competitive advantage. Technical knowledge, know-how, trademarks, service marks, company names, supplier lists, member lists, copyrights and other trade secrets are valuable assets. Their protection is essential for Dry Force's continued business success. If an employee becomes aware of any party who may be misusing any of Dry Force's intellectual property, that misuse should be immediately brought to the attention of the employee's supervisor and the Dry Force Legal Department.
Employees are also expected to respect the intellectual property of others, and refrain from infringing valid patents, trademarks, service marks, copyrights or other intellectual property not owned by or licensed to Dry Force. Copying books, articles or software, or downloading and distributing or reproducing copyrighted information from the Internet may violate copyright laws and result in sanctions against the employee and Dry Force. Contracts or other arrangements relating to the use of intellectual property rights (patents, trademarks, service marks, designs, copyrights, know-how and trade secrets) are often subject to special legal rules. All such contracts or other arrangements must be reviewed and approved by the Dry Force Legal Department.
In the course of employment with Dry Force, employees will come into possession of and have access to confidential and proprietary documents of Dry Force. Under no circumstances, except as required by law or as directed by Dry Force, may an employee divulge such confidential or proprietary information to any third party.
Dry Force has Policies and Procedures relating to the creation, maintenance, retention and destruction of corporate documents, including but not limited to supplier contracts, correspondence and bid materials. All Dry Force employees are required to adhere to such record-keeping and document retention policies. Dry Force's record keeping policy is to keep all records for five-years.
Employees are required to promptly record business expenses completely and accurately on expense reports in accordance with Dry Force's Policies and Procedures. Entertainment, meals and travel expenses that are reported on expense reports must have a legitimate business purpose and not be lavish or extravagant.
Dry Force provides property, including systems, supplies and equipment, intended to assist employees in the performance of their job responsibilities, allowing them to effectively serve the needs of members and conduct business in an efficient and professional manner. The use of such property requires that the highest standards of loyalty and ethical principles be consistently employed. Dry Force's assets are intended to be used only for the legitimate business purposes of the company. Incidental and occasional personal use is permitted; however, personal use should never be disruptive, interfere with the conduct of Dry Force business or the performance of employees, nor should it create or appear to create a conflict of interest.


May 27 · Hello Has anyone found new Win 8 Driver for this audio chip " VIA High Definition Audio". Download drivers and support packages for VIA products on these pages.
I had a ASUS P7P55D- E PRO motherboard and running Win8 PRO x64 Media CenterIt is working OK with the default w. 1100e for Windows 10 ( Sound Card).
Supports FSB1333/ 1066/ 800 MHz Intel Graphics Media Accelerator 3100 DirectX 9. Download latest sound drivers for VIA VT1705 and Microsoft Windows 7 32bit.
Msu update files and install via wusa. 300A ( Sound Card).
Shared memory 384MB ASRock OC Tuner, Supports Smart BIOS, Supports ASRock Instant Boot Supports Intelligent Energy Saver. Other than that i enjoy windows 8 please help.
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I need windows 8 enterprise audio driver for asrock g41m- vs3 r2. View and Download Asus P8H77- I manual online.
VIA Technologies HD Audio Codec VT1708S drivers updated daily. Until they fix this HD VDeck is ne.
Msu into it' s actual. Download via vt1708s.
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Sep 19 · In Windows 8 the IE10 Windows UI ( Metro) version uses the same download location that you set for the IE10 desktop version below. Enjoy faster data transfers and optimized networking with H77- based mini ITX boards.
Dec 28 · Updates are stored somewhere in % tmp% when installed, but sxs is used for file version differences uninstalls on vista/ 7. Malheureusement sur le site Asus, il n' y pas de pilote pour Win.
View and Download VIA Technologies VB7009 user manual online. VB7009 Motherboard pdf manual download.
VIA Technologies IoT, system solutions for M2M, Inc is a global leader in the development of highly- integrated platform & Smart City applications. Mar 12 · Bonjour, Je viens de me rendre compte en cherchant un renseignement pour un membre qu' une version Acronis True Image WD.
Download the latest version of VIA VT1708S drivers according to your computer' s operating system. The VIA Vinyl VT1708S uses three jack detection pins for presence detection on up to twelve audio jacks allowing software to determine if there is a device plugged.
P8H77- I Motherboard pdf manual download. Aug 18, · Guess they are still having problems with this.
Basically Charger booster Technology is able to boost the charging time to be more efficiency faster once any apple goods connecting to our Motherboard. Exe after install slipstream directly after extracting the.
My new windows is loaded but no sound driver. Cab file and use pkgmgr.
WIN 10 likes to force their drivers on your system after a restart or update.
Download latest sound drivers for VIA VT1705 and Microsoft Windows 8 64bit. Download latest VIA VT1708S drivers for Windows 10, 7, 8 / 8. Only official versions!
Welcome to the VIA Driver Download Portal.
To obtain the latest available version of your VIA driver, please follow the steps below. If you are using Windows. HD Audio Driver - звук для материнской платы: HD Audio Codecs VT1702S, VT1705, VT1708B, VT1708S, VT1716S, VT1718S, VIA HD Audio Codecs VT1802P, VT1819S, VT, VIA HD Audio Codec, VT1808S, VIA HD Audio.


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Have you ever thought about the first voice your callers hear when they contact you? Interactive Voice Response (IVR), also called Auto Attendant Messaging, quickly connects calls to the correct department or staff member. These recordings offer options of pre-recorded choices for your callers to select from, meaning zero disruption to your staff and the immediate direction of calls to the appropriate department or person. Whether you're a small business or a large corporation, a professionally recorded IVR message ensures your callers quickly get to the right department or person.
You can also create a positive experience for your business with overhead music. Engaging your visitors with overhead music provides an opportunity to grab their attention and grow your business. Music can change the way people feel, encouraging them to stay longer and to return again later if they had a pleasant experience. Music can drive the mood of your business: calm and relaxing, high energy and motivating or anything in-between. If appropriate, the thoughtful use of voice messages integrated with the overhead music creates advertising opportunities which can directly improve your revenue. As an added benefit, research has shown that music can also improve employee attitudes, resulting in employees who are more alert, work faster and are more productive throughout the day.


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Centova Technologies Forum - update library every day? update library every day?
the update replaces the files in this folder but without renaming them, so the files are always called the same way but obviously it changes the audio content inside them.
is there any way to get radio users to receive these files in this catalog in an updated way every day?
I can not understand well if it exists in order to do it. because obviously the files that the radio take from the skeleton list to the creation of the radio remain those on the date of creation of the radio, even if I update the mp3 list of the skeleton the radios do not see the updates but only the list on the date of creation of the radio and so if I update the mp3 files also not renaming the files but only by modifying the audio content of the files, the radios do not see the updates.


text:
Q: Remote validation Json MVC I need to validate an input field value from user before the form is submitted.
I have created an action in my custom controller and decorated the field with Month.
[Required]
        [DataType(DataType.Date)]
        //[DisplayFormat(ApplyFormatInEditMode = true, DataFormatString = "{0:Y}")]
        [DisplayFormat(DataFormatString = "{0:dd/MMM/yyyy}")]
        [Display(Name = "Month")]
        [Remote("IsvalidMonth", "Objectives", AdditionalFields = "UserID,SalesObjectiveID", ErrorMessage = "Month already existing")]
        //[DisplayFormat(DataFormatString = "{0:MMM-yyyy}")]
        public Nullable<System.DateTime> Month { get; set; }

And my validation is:
public JsonResult IsvalidMonth(DateTime Month, int? SalesObjectiveID, int? UserID)
        {
            var monthexist = _context.TBL_SalesObjective.Where(x => x.Month == Month && x.SalesObjectiveID == SalesObjectiveID && x.UserID == UserID).FirstOrDefault().Month;

            return Json(!monthexist, JsonRequestBehavior.AllowGet);
        }

but i cant use !monthexist because The opperator ! cannot be applied.
How can i do validation in Monht?

A: The '!' operator can be used with boolean, here since you are doing .FirstOrDefault().Month which is not a boolean, you cannot use '!' operator.
Please try the below code in your IsvalidMonth() method
var monthexist = _context.TBL_SalesObjective.Any(x => x.Month == Month && x.SalesObjectiveID == SalesObjectiveID && x.UserID == UserID);

redpajama_set_name: RedPajamaStackExchange


ORDERING – Submit your order with wording, paper selection and quantities on order form. In order to make the proofing process go as quickly as possible, please make sure all your wording is finalized on the order form before you submit it. Upload your photo (if using one) in the space provided. All orders include white envelopes.
PAYMENT – Submit payment through PayPal. If you don't have an account with PayPal and do not wish to open one, look for the link on the first page of PayPal that says "Don't have a PayPal account? Click here to pay with credit or debit card" Also, please remember to update your ship to address in PayPal. We print the shipping labels from PayPal and correct shipping info is very important.
PROOFS/DRAFT – One proof will be emailed to you within 24 hours on normal business days (Monday – Friday) of submission and payment of your order. Please also keep in mind we are located in eastern standard time. If your order is received after 5 pm on Friday, it's very possible you will not receive a proof until Monday morning. Please check your spam folder if you do not receive one. If you require any edits to that proof, please email them to me in one email, this will make the proofing process go much quicker. Your order will not be printed until final approval of your proof.
PROCESSING, PRINTING, PACKING – After your order is approved, your order generally takes 1-2 business days (sometimes 3) for processing, printing and packing.
We also do not guarantee that our final prints will match exactly to how the online sample is represented on any computer monitor.
SHIPPING – Shipping times differ depending on destination, but are generally 2-3 business days using priority mail. If you upgraded to express mail, turnaround times will stay the same, the shipping time is quicker, 1-2 days. We ship our orders via USPS Priority or USPS Express Mail. If you would like to check delivery times you can do so at usps.com and the originating zip code is 30097.
PAPER SPECIFICS – Photo cards are professionally printed on photo paper, just like a real photograph. All the photo cards have a matte finish, which is non-glossy and resist fingerprints. These are all flat photo cards and are 5 x 7 inches.
We have card stock options too. These are printed on 100 lb. heavy card stock and have a smooth finish. These cards are 5 x 7 in size, folded note cards are 4.25 x 5.5.
We also offer pearlescent paper which adds a subtle shimmer finish and rich look to cards, and a soft glow to photographs, for the ultimate in elegance. Please refer to our pricing page for more info. These cards are 5 x 7 in size, folded note cards are 4.25 x 5.5.
HOURS – We are open normal business days, Monday thru Friday. We are located in EST. At times during the summer, we may work a shorter 4 day work week. If we will be closed during the summer, we will post that info on the home page.
MINIMUM ORDER – Our minimum order for flat cards 10 cards. They are priced at $2.00 each (10-20 cards). The minimum order for folded cards or pearl paper is 25 cards.
GETTING ENVELOPES EARLY – Just send us an email with an address of where to send them and we can send them out early for only the cost of shipping, usually between $7.00 and $14.00.
RETURNS OR REFUNDS – If a proof for your order has been created and you cancel your order, a $12.00 – $15.00 fee will apply (per design or file) and will be deducted from your refund for our design time. Because of the nature of the customized orders, you can understand why we do not accept returns or offer refunds. Prior to printing your order, you have the opportunity to verify that your items are just the way you want them. Once approval has been made, all sales are final. Our goal is to provide quality customer service. Certainly if you have any questions or concerns or issues that need to be resolved, please contact the shop directly. We also do not guarantee that our final prints will match exactly to how the online sample is represented on any computer monitor.


This model has been especially designed by GlideSoul waterwear and Whitney McClintock for high performance function and style: a perfect fit for women - the length, the cut, the sizing and range of reversible colors makes it easy to find the perfect vest to complete your look on the water.
Working closely with both rider and designers the graphics from Whitney's 2018 Pro waterski model perfectly compliment her vest. Whitney likes to have the option of wearing a colorful vest or keeping it simple with black depending on her attitude that day, and what she is wearing underneath. She kept the vest plain black on the inside and included a tiny hit of color in the pink stitching.
Whitney has won many national and international waterski championships and actively promotes the discipline through her riding, even hosting Women's Week in her home of Orlando.


text:
12/10 POLLS
ESPN/Coaches Poll
Wichita State 88; Pittsburgh 74; Oregon 32; Connecticut 10; Murray State 10; Wyoming 8; Butler 4; Mississippi 2; Virginia Commonwealth 2.
List of Voters
The USA TODAY Sports Board of Coaches is made up of 31 head coaches at Division I institutions. All are members of the National Association of Basketball Coaches. The board for the 2012-13 season: Tommy Amaker, Harvard; Tevester Anderson, Jackson State; Ronnie Arrow, South Alabama; Randy Bennett, Saint Mary''s; Eddie Biedenbach, North Carolina-Asheville; Jim Boeheim, Syracuse; Rick Byrd, Belmont; Tim Cluess, Iona; Keith Dambrot, Akron; Steve Donahue, Boston College; Scott Drew, Baylor; Matt Driscoll, North Florida; Steve Fisher, San Diego State; Bruiser Flint, Drexel; Tim Floyd, Texas-El Paso; Mark Fox, Georgia; Ben Jacobson, Northern Iowa; Rob Jeter, Wisconsin-Milwaukee; Mike McConathy, Northwestern State; Bob McKillop, Davidson; Ron Fang Mitchell, Coppin State; Matt Painter, Purdue; Dave Paulsen, Bucknell; Saul Phillips, North Dakota State; Steve Pikiell, Stony Brook; Randy Rahe, Weber State; Herb Sendek, Arizona State; Shaka Smart, Virginia Commonwealth; Andrew Toole, Robert Morris; DonVerlin, Idaho; Bob Williams, UC-Santa Barbara.
Indiana is No. 1 for a sixth straight week in The Associated Press college basketball poll.
The Hoosiers are again followed in the Top 25 by Duke, Michigan and Syracuse. The only changes in Monday's poll is the order, not who's ranked.
The Hoosiers (9-0) received 44 first-place votes from the 64-member national media panel. Duke (9-0) again drew the other No. 1 votes.
Florida and Louisville switched places at fifth and sixth. They were followed by Ohio State, Arizona, Kansas and Illinois. The Illini (10-0) beat fellow unbeaten Gonzaga on Saturday, moving into the top 10 for the first time since the next-to-last poll of 2005-06. Gonzaga dropped to 14th.
The Big Ten has the most ranked teams with six. The Big East has five and the Atlantic Coast Conference and Mountain West three each.

redpajama_set_name: RedPajamaCommonCrawl


text:
Wiggins cannot water lawns
By ByAllie Swennes, ByArgus Hamilton, ByIva Kay Horner, Byron York and Dan Barker |
PUBLISHED: August 3, 2011 at 9:22 p.m. | UPDATED: April 24, 2019 at 2:04 a.m.
Wiggins residents are not allowed to water their lawns until further notice.
Town wells are just not keeping up with the demand for sprinklers, and the water level in the water tower fell until the pipes were sucking air, said Wiggins Town Administrator Bill Rogers.
That may be partly due to people watering more due to a lack of rain and intense heat lately, but also perhaps because the wells are falling off in water production, he said.
Wiggins' well levels have been falling consistently for years now, which is why the town is buying water rights, has a new well site in another area and is building a pipeline to bring water from the new source to town.
Wiggins residents were asked not to water lawns over the weekend. The water tower was able to partly fill back up by Monday but fell back to a low level very quickly, Rogers said.
That means people simply cannot sprinkle their lawns right now, he emphasized.
They are allowed to water gardens and flowers on their assigned odd and even days, Rogers noted.
The town is keeping the sprinkling ban in effect for an undetermined length of time, he said.
It has taken years, but the Wiggins water project to replace the town water supply is finally beginning construction soon.
The council will meet next week to look at bids by contractors.
— Contact Dan Barker at business@fmtimes.com.
ByAllie Swennes
ByArgus Hamilton
ByIva Kay Horner
Byron York


I am outside, waiting all alone.
the rising, the epic finale.
and lost princesses, keep me safe.
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Everton have registered an interest in the potential signing of Wigan Athletic's young forward Callum Lang, according to multiple sources.
With Everton set to let go of a number of youngsters this summer, including David Henen, David Unsworth is on the look out for additions to his under 23 squad, and of them on the shortlist is Lang.
The Liverpool-born forward has been at the Latics since 2013 and played three times for the current League One Champions before he was sent out on loan to Morecambe for the 2017/18 campaign for more first team opportunities.
But it was at the Shrimps where he shone. The 19-year-old netted 10 goals in 30 appearances and was a key cog in Morecambe's fight against relegation from the Football League.
Out of the top scoring teenagers in the top four English division, only Fulham's Ryan Sessegnon 15 strikes bettered Callum's tally of 10.
Lang managed a goal every 143 minutes for Morecambe across the season, he won the EFL Young Player of the Month in December and at one point had the best goal-per-minute ratio across the English leagues.