Managing Parent – Subsidiary Relationship

Introduction

A Company that owns more than 50% of the stock is said to be the parent company of the Subsidiary. A subsidiary may be wholly or partially owned by the parent company. The Parent company incorporates the subsidiary, names its board of directors and officers, and adopts bylaw provisions preserving the parent’s control on its subsidiary. The subsidiary must be established and recognized by the parent, as well as third parties, as an independent corporation managed by a board of directors.

It is important that the subsidiary is recognized as an independent corporation managed by the board of directors even though it was incorporated by the parent company. This does not mean that the subsidiary is uncontrolled. The parent company has the legal authority to hold the subsidiary accountable to meet the financial objectives.

For the Parent company to control the independent subsidiary it should be
The sole shareholder
Include voting control provisions in subsidiary article
Prepare bylaws defining the authority of the officers, their term in the office and removal
Prohibit bylaws amendment without shareholders approval

Managing Parent-Subsidiary Relationship

As long as the parent company holds its subsidiary accountable for the expectations of its board of directors there is little risk for the parent for the wrong doings of the subsidiary. If the parent company exercises excessive control over the subsidiary, i.e., having the same board of directors, using a common letterhead, sharing office facilities, then the distinction between the parent and the subsidiary will be at risk. A subsidiary can be held accountable for its performance by the parent company by its voting control. It also has the authority to select the board of directors. This board manages the affairs of the subsidiary, makes policy, selects its officers and functions as a governing body. Most critical is the decision taken by the parent company in selecting the board of directors.

Important Tips for Cash Child Trust Funds

Child trust funds are a long-term investment strategy that allows parents, grandparents, friends, and virtually any interested adult, to ensure that a child is well equipped for a productive adult life. Three types of child trust funds are (1) cash (2) stakeholder (3) share-based.

Cash child trust funds carry the least amount of risk to the investment. They are equivalent to a savings account. One advantage is that the interest is tax-free. Investing in cash CTF is the ideal scenario for those investors who realize the importance of saving for their child’s future, yet do not want to utilize the stock market for such investment.

A Stakeholder child trust fund takes on somewhat of a higher investment risk than cash CTF, but usually earns a higher return. There are restrictions on stakeholder child trust fund to ensure that money is diversified. In addition, when the child is 13 years old, the investment is typically shifted to lower risk markets to ensure that the end of the CTF lifecycle will be rather stable.

A share-based CTF permits higher returns, but it incurs charges to manage such fund. Meaning that one can typically earn higher rates of returns because the investment is placed in riskier funds, but in order to shift the investment between funds, one must pay to have the CTF managed. Thus, a profit will not be realized until one deducts the appropriate charges that will be assessed. The share-based CTFs give investors two options upon opening the CTF. One option is to choose a couple of funds and shift the investment between the two at the investors’ leisure. The other option is to choose from an unrestricted list of funds, and shift the investment accordingly.

The following useful tips can be applied towards either type of CTF:

In cash CTFs, monitor the interest rate. Make sure you are receiving the most competitive interest rate as possible.
Keep in mind that any contributions to a CTF cannot be withdrawn until the child turns 18, and at that time, the child himself can only withdraw it.
Be aware of up-front charges when opening a stakeholder CTF and share-based CTF.
Remind friends and family members that they are able to contribute to a CTF
Understand the risks before deciding against a cash CTF
Start early. If one starts to invest early in a child’s life, and chooses a stable fund, the long-term benefit will be realized.
Be a savvy investor. Research, and study your options. Evaluate your particular situation i.e. realistic monthly contributions, etc., and make an educated decision based on that information.

Download Funny Videos Of Animals For Kids

Put your hands on funniest videos of animals for kids as it is the best thing you can look for kids entertainment and it is possible to meet up with all sorts of activities showed in the video that will be great thing for kids development. Look towards all new funny videos of animals for kids and enjoy the day with your kids at home. Download funny videos of animals and that way you will find the finest method to spend time with kids and they will feel the pleasure of funny tricks showed at the videos.

Funny videos of animals for kids always makes our mind refreshed as it is the thing we look for total entertainment and it is fine with us to download such videos from somewhere and watch that with entire family. Its good to be part of funny moments for kids as we can spend good time with the people and that way creates some sort of reasons to educate kids about animals and their behavior. Time to play with your kids but its raining out there than what you would like to do, it is the perfect time to watch funny videos of animals for kids and enjoy time at home with kids.

Loads of websites provides us with all new features on video download and we can look on them for the total pleasure and entertainment without payments. It is the best offer to download videos from websites and watch them on any media player as most of the sites will provide all possible format videos and we can make them the ideal choice for entertainment at home. It will be better option to download latest funny videos of animals for kids and enjoy them with entire family. Get the best video of funny animals and download on your computer to watch on weekends and we can think about the pleasure that way. Most of the time we need some sort of entertainment from videos and it is only possible when we are thinking about the kids videos which are far better then useless movies or any television series.

Videos like polar bear videos for kids will be the best thing we can get from the different sources and it is popular mode of working with all new companies where we get the chance to download as many videos as we want. In few videos we will not find the good quality sound and picture and it is the case when we dont pay for the videos and it is a free service offered by companies, but if we pay for the services then no such issues will erupt.

Get the best videos from the video library and enjoy time with your kids when nothing special you can do with the weekend.

Kids learning scope through educational toys

Play is the language of children and an essential part of a child`s learning and development. It serves as a channel for their creativity in which a child can express his thoughts and emotions. Children learn more during their early years by playing with educational toys. As children play with toys, they acquire new skills and improve their existing ones.

Parents too play a crucial role in motivating a child`s development. During this important time, it is their responsibility to provide an environment for physical and intellectual growth. Every parent wants to give their child a head start when it comes to their early development, and there are many educational toys available that can stimulate your child to grow and develop in fun and playful ways.

An educational toy can be anything that provides knowledge and develops skills for learning. Many educational toys provide an enjoyable medium to learn effectively. These toys must stimulate the child.s imagination during play to be effective. Interactive toys are some of the best educational and fun toys for a child. They usually stimulate and entertain the child so that they can learn while having fun.

There are educational toys available on the market for all age groups. Educational toys offer the best ways to help a child learn and have fun simultaneously. Although educational computer games are good for children they should still be used in moderation.

Computer games are a fun way to help your child learn new things and do better in school. Providing appropriate games and letting your child decide when to play while setting time limits will maximize the benefits of these great educational resources.

There are many online merchants that offer educational toys on the Internet. People can easily access their websites and search for brand name toys. The most popular educational toys offered nowadays on the Internet are kid`s laptops. These laptops are a good as they make little kids computer savvy at a young age. There are also other electronic learning toys for kids of all ages that provide a complete learning experience.

Climbing structures, puzzle blocks, balloons, interactive dolls, toy bikes, and cars designed for their size, puppets and stuffed toys, colored building blocks, peg boards, pedal toys and swings are some of the educational toys. These toys provide physical and mental exercises, developing the body muscles and brain cells, including thinking and logical capacity. Let the children enjoy the pleasure of being a child, have the freedom to play and have fun!

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Telling a Child What to Do and How to Behave will Often Backfire on You

The most effective way to get someone to do something, especially children, it to model the desired behavior. Nobody likes to be lectured to or be constantly told what to do. Lecturing will quickly send children in the opposite direction.

Model healthy interactions with your spouse and other adults. Always speak lovingly and respectfully.

Save shouting for safety only.

To teach your children manners say it for them rather than asking them to use the “Magic Word”. As you serve say, “Thank you Mama!” When your child demands service say, “May I have some juice please Papa?”

Or, try using non-verbal signals. Decide with your children what the hand signal will be when they have asked for service inappropriately. Use the hand signal, such as touching your lips with your index finger, every time they demand service.

Maria Montessori has shown us that modeling appropriate behavior is particularly critical during a child’s first six year of life, because children enter the Absorbent Mind developmental phase. A child’s mind acts like a sponge, integrating everything accurately, nonjudmentally, uncritically and effortlessly.

During the approximate ages of 2 1/5 to five years, children enter the Sensitive Period for Social Development phase. A child explores and absorbs group and social behavior. Due to this sensitivity, a child needs to have modeled acceptable social behavior at home and in a positive school setting.

The late guru, Rudolph Dreikurs, teaches us to teach and model mutual respect. Be kind and firm at the same time. Kind to show respect for your child, firm to show respect for yourself and the needs of the situation. This is difficult!

Ask, Tell, Respond, Act:

Ask first: “Please put your activity away.” Back off and wait. If needed:

Tell once: “This goes right here.” Hand her the toy and pat the shelf.

Respond: “OK Mama, I’m putting it away!.” (Say if for her.) If needed:

Act: “Let’s do it together!” Do it with joy! (Even if she doesn’t help.)

Teach and model that mistakes are great opportunities to learn:

Clean up your messes:

1. Own your part: “Wow, I just made a mistake!”

2. Apologize: “I apologize for_____. (Be specific)”

3. Commit: “The next time I will do _____ instead.”

4. Amends: “To make it up to you I will do _____ for/with you.”

When you want to make your child do something you are in a power struggle. Say “Oops, I’m trying to get my way, I’m going to go do something to help myself feel better.”

Children express what we repress. When your child acts up, look inside yourself first. Clean up your act, resolve your feelings, mend fences.

Preparing Your Child for a Kids Teeth Childrens Dentist Visit

Going to the dentist is a big deal, especially for kids. Everything in there looks different, smells different, and sounds different. Kids know that something is up! It can be scary if it’s your first visit. That’s why it’s important to prepare your child before their first visit to the Kids Teeth Childrens Dentist, and to select a dentist that not only works with your insurance plan but also an office that you feel will be a kid-friendly environment.

The first hurdle is to prepare kids at home before their first visit. A child as young as three years old should have their first visit to the dentist. They have already had some of their Kids Teeth Childrens Dentist grown in at that point. The dentist will be able to catch problems early this way. Some dentists will have the parent hold the child on their lap the entire time to ease the child’s fears. It’s not so scary if mom or dad can hold you the whole time. They’ll get to understand that all the dentist wants to do is take a look at their teeth, and that it doesn’t hurt.

The dental office wants to educate parents about how to care for their young child’s teeth, so the dentist will have good tips on what kind of toothbrush and toothpaste to use, and techniques for brushing your child’s teeth. When a child is ready to try on their own to hold their own toothbrush, the dentist can show the child how. If this is your first child, you may pick up a few pointers you hadn’t though of before.

Some parents talk to their kids about the tooth fairy, and encourage them to write a letter to the tooth fairy, or have mom and dad write the letter for them. The child can tell the tooth fairy they’re about to have their first dentist visit. Then, after the visit, that night they can write another letter to the tooth fairy. Even though it’s too early to begin leaving teeth under their pillow for the tooth fairy, they might find the tooth fairy has left them a little surprise in the morning for being so good at the dentist office.

Kids Teeth, LLC has been providing unique kids dentistry services for more than 10 years.

The Importance Of Science Projects For Kids

Science projects for kids are very important as they grow. Kids are so curios as they grow. Their curiosity sometimes makes your patience tested. Kids have questions. Sometimes your kids might ask you about science projects on school and youre wondering what to say to them.

Science projects for kids can help you and your child develop a strong bonding. Kids love attention. They want their questions to be answered as soon as possible. As you and your kids do these science projects it will make your relationship grow closer. As parents you want your child to be on the top always. You could be proud of your kids if they can accomplish something. As a child, their learning is important. In growing stage, their interest in learning is high. They want to know things on their own. They also learn fast if they can see on how things work. Science projects for kids can give learning and fun that your kids needs while they grow.

Student needs school project and they dont know how to make it or maybe they dont have any idea on what to make. Science projects for kids can be a help for you although its for kids but sometimes its also good for school projects. School project sometimes can be challenging and stressing. Science project for kids can prevent this problem. It would be easy for you as a student to make. As a student you want to impress your teacher with your project so it could be an answer for you.

Sometimes teachers think on what kind of project theyre going to give their students. Teachers consider how their students learn from that certain project. They also consider that the project could be useful but sometimes they run out of ideas. Science projects can give you the idea you needed.

Science projects for kids are easy to make. You dont need to spend much just to have a science project. Things on your house that are not being used, it can be your materials to make this project. In the internet you can find instructions and steps that are easy to follow.

Survive Going On Holiday With Your Parents

No matter what age you are, and what stage of your life youre at, the prospect of travelling with your parents can bring the calmest and most collected person to their knees. You may love your parents, you may enjoy spending time with them, but sometimes going on holiday with them can be a little too much, so if youre dreading the start of your holiday, here are a few tips that could help you and your family get on that little bit better while youre away.

Accept it

It doesnt matter if youre 14 or 40, your parents are always going to picture you as a small child, and therefore, you may find that theyll inadvertently treat you like one. Try not to get upset by this, and try to calmly remind them that you are now an adult; you may even have children of your own, so direct your parents attention towards them instead.

Compromise

As with all holidays or short breaks, there will be times that everyone wants to do different activities and see different places. This is fine, so try to come to some kind of compromise with your parents and agree to meet up later if this has to happen.

Be Grateful

There is an old saying that says that you cant choose your family, but you can choose your friends, and this is just one of those sayings that may be actually be very true for many people. But some people dont get the opportunity to go on holiday with their family at all, so its perhaps a good idea to let your parents know just how grateful you are for their company. Get everyone together for a family photo on the final day of your break, and then give a framed copy to your parents once youre safely home, it will serve as a perfect reminder of your family holiday.

Child Rights You Can Help to Change Their Lives

Often taken for granted, many fundamental rights of under-privileged children across the world are taken for granted. These children sadly live in unimaginable harsh conditions and are unable to go to school or even have their basic meals. They often go for long hours without drinking clean water and are forced into employment in dangerous jobs right from an early age. Some of these professions may include working in factories, brick kilns, as domestic workers, etc.

Many of these children run away from their homes as well, in fear and are not given the guidance, affection or support that is required at such a delicate age. They pick up the filthy habits of the people surrounding them and often live in extremely unhygienic conditions with no proper ventilation, making it extremely easy to fall sick. Many of them die from diseases for which they do not even have the finances to purchase medicines. Furthermore, they are also subject to abuse, discrimination as well as violence.

These children are denied their basic rights as a child and are robbed of the mirth and joy associated with childhood.

Some of the basic child rights include; the right to survival, the right to participate and fulfil their potential, the right to grow, right to health, the right to a childhood, the right to be heard, the right to be treated fairly and the right to have their views expressed freely. These rights go on to extend to the right to leisure and the right to arts and culture. Children have the right to a name as well as a nationality and the right to live in a family environment which is conduicive towards their growth.

These children have the right to health and health care. Furthermore, there should be provisions made to protect refugee children, children deprived of their liberty, children in the juvenile justice system as well as those children who have suffered from economic, sexual or any other type of exploitation. However, despite various laws being enforced, the rights of many under privileged children are denied.

Despite almost every Government across the world promising to not only protect, respect and fulfil these rights, they are yet violated across the world. Their rights are rarely prioritised by the Governments across the world owing to the vast amount of already impending problems on the society. Many non-profit organisations work towards the welfare of these children. These organisations firmly believe that every child deserves fundamental rights, irrespective of who they are, where they are living or their economic status.

Express Your Love and Care for Your Child with Personalized Kids Books and Kid Calendars

With the advancement in technology, the market is witnessing end numbers of technically advanced gifts for children from toys, sports equipment to puzzles, books and 3D games etc. But, we all know how happy or emotional one can be if he or she is presented with some kind of personalised gift. Personalized gifts certainly have their own importance and value and do holds the capability to portray a sense of affection and warmth. Personalized gifts for the kids can be made in any form starting from books, calendars to albums.
Though, with the growing popularity of internet, children have got themselves addicted to it, thereby, avoiding to spend any extra time with books. Thus, if the kids are gifted with personalized children books, then it will certainly encourage them to spend some time with books.

Personalized kids books can be given a unique touch by incorporating the child’s name as the protagonist of the story, for example any character like super hero can be given the child’s name making it more fun for the child to read. Incorporating the child’s name in the book can surely arouse the child’s interest in reading the whole story.ry.

The story ideas for the books can be either searched upon internet or the incidents from personal life can be included making it more real and livelier. Moreover, personalized kids books can also be created based on the story and true incidents of your own child. This will not only make him or her realizes about his or her childhood days but will also be a fun to read your own life story in a book. Books can also be filled with photographs of your child with the incidents described below the picture in the chronological order.
Similarly, gifts can also be presented in the form of calendars with special days marked for your child. Thus, kid calendars can also be one of the best ideas that can be personalized in the unique manner. Here, one can also paste pictures of your child’s special moments under special dates.

However, themes for personalized gifts can be anything such as it can either be about child’s school days or birthdays or it can be about the family photographs or it can be about your child’s favourite cartoon character or pet that will certainly make him or her very happy.

Moreover, it is very true that nothing can replace or can substitute the sense of warmth than the personalized gifts as it clearly sends a message of care and love to your child. Thus, a bit extra effort and unique thinking can certainly change any ordinary occasion or gift to a special one.

The author is an experienced Content writer and publisher on the topics related to Personalised kids books and kid calendars.