Promissory Note Template

A promissory note is also known as simply “note”. It is meant to provide specific details about the amount of original loan kwon as principal, repayment schedule and interest rate to be applied on original loan. A promissory note is basically a written promise signed by involved parties promising to pay a loan under specific terms and conditions.

Main contents of a promissory note will include:

· Names of involved parties

· Amount of obligation/principal amount

· Terms of repayment

· Interest rate

· Acceleration clause (optional), this clause will make the entire amount of the note due if a payment is not paid

It is important for business people to know about a promissory note considering state laws. There are different legal terms associated with promissory note. These legal terms include:

Promisor: Person making promise to pay a certain amount of money under certain conditions.

Promisee: Promisee is a person who will receive the payment. In context of a promissory note, promisee is a person who is entitled to receive certain amount of money on due date by promisor with interest.

Obligor: He is another person who binds himself to another contract or legal agreement. This term is alternatively used for promisor.

Obligee: This is another word used for promisee.

Consideration: Consideration is a legal term that means something in return for entering in contract. Consideration is one of the 9 essentials of a valid contract.

A person getting involved in a contract of promissory note needs to avoid certain pitfalls including:

Security for the Loan

A promissory note is basically an unsecured form of debt or obligation. This statement means that if promisor declares bankruptcy, debt against this loan will be paid after all secured loans are paid out of promisor’s property. If the loan under promissory note is too large then it is necessary for the promisee to get security for loan for instance a lien or mortgage against loan. If you are ready to lend money under unsecured promissory note then you should not lend more than what you are ready to lose. Consult a lawyer to confirm that your promissory note is bulletproof if you are going to lend large amount to determine possible ways for making your loan secured.

Unlawful Interest Rate

This term is commonly known as usury that means unlawfully higher interest charged on a loan under promissory note. You will have to face several consequences for entering into such illegal contract. Check your state laws for setting interest rates for a promissory note.

Late Fees

There are always certain limits on late fees that you can charge on a promissory note other than interest. Make sure to check local laws before you decide late fees for promissory note.

You may find specific promissory note forms for different states containing specific information like instructions, information about maximum limits for interest. You need to make sure that these forms and information are not out of date.

Meeting Minutes Template

Minute is a business document that is usually maintained during meetings. This document includes overview of meeting. Writing meeting minutes that will be useful in further business operations or next meeting requires a great deal of attention. Meeting minutes can serve as legal evidences in many cases therefore there is no flexibility to compromise with rules of writing meeting minutes. You need to be very careful in summarizing meeting discussions accurately. Once the meeting is over and you have made necessary editing in meeting minutes, create several copies of this document and distribute in relevant parties. Make sure to have some extra copies of meeting minutes save for future uses.

Old meeting minutes are sometime used as references in new meetings. New parties may need to view old meeting minutes to know about company’s rules and regulations. Meeting minutes will also be used as vouchers in facts finding work. Meeting minutes should be simple and easily understandable. You need to keep some important points in mind while taking meeting minutes. These important points are discussed below:

You should create meeting minutes in word document. You can make a sketch for meeting minutes that will serve as a minute template. Using this template in every meeting you will just need to replace items that will change keeping other elements same.

Your meeting minutes form should include organization name, nature of meeting, meeting location, meeting date, start and end time of meeting, attendees of meeting, facilitator and suitable space to record notes about different agenda topics. You can prepare minutes form beforehand according to meeting agenda. Suppose meeting agenda you are using to create minutes form includes 7 topics then you will make 7 sections with headings agenda topic 1, agenda topic 2 and so on. Every agenda topic section will include:

· Few lines for discussion

· Few lines for conclusion

· Action items

· Person responsible for each action and deadline

Having a well prepared meeting minute form, you will just need to record information during meeting without creating headings. Create meeting minutes immediately after meeting. This will help you to remember and clarify specific points that you could not record clearly during meeting. Proofread the minutes before submitting them.

Make a separate heading for notes for next meeting. Where and when it will be held and what will be agenda for next meeting.

Name Card Template

Business name holds enormous importance because it defines what you are doing and what you capable of. A different and unique name can helps you develop brand loyalty while it can destroy your whole set up on contrary. So, choosing a business name require your 100% attention and vision. Similarly a business card that include your name and introduction also holds colossal significance. It is your first impression and therefore must be very effective. Every businessman wants to deliver positive and attractive first impression for long partnership and never ending goodwill.

Name Card Template is a assistance template that used to create unique and quality business cards. These templates can be used as separate source for your business name card. The use of this template depends on its user that how well he/she can use this template. You may use this template as given or may wish to make some changes in design and contents to make it a dream name card. In both cases, you will need to understand what your users want to see in your card.

Name Card Template further depends how business category and nature. The color scheme, design, contents fonds and layout all reflect all about your business nature and operations. Similarly dark color scheme and bold fonds reflects your decision making power. While light color scheme with formal fonds reflect a corporate company. So, name card template 's purpose is to provide you a helping hand but how you optimize help defines your capabilities.

Wedding Card Template

Now by going into dept, my intentions are clear to provide you more knowledge about popular word templates. So, I have decided Wedding Card Template as my first word template for today's discussion. Wedding card is mainly used in inviting guests for marriage ceremony. It is a traditional style to invite guests by sending them wedding cards. Very surprisingly, still in modern era, this practice is adopting with same passion. Its increasing demand has made it our first priority to review it. As per current usage of peoples around the world, the attractive and decent wedding card template gets more vote as compare to traditional style templates.

The other important aspect that makes wedding card template the most demanding template is its prompt use. For instance, if you choose to create your own wedding card, you will need to pass through different difficult steps like, designing, space issues, color combination etc. By simply downloading it from any of your favorite word templates site, you can use it in couple of minutes. Why you wish to create your own template when good quality templates are available for download?

First Site I have found - WordsTemplates.org

Hi Friends, Just wanted to share one site I have found that allows downloading MS Word Templates. It is, https://www.wordstemplates.org  I specially liked their Newsletter Word Template. It is great. This is what I was looking for. Meanwhile I have also found more word templates there. Such as, Business Card Word Template, Word Brochure Template and Invoice Word Template. Overall they have less collection but I will be in touch to see if they add more templates. If they added, i shall post them here to. Thanks Guys for your time. Bye

My Search about MS Word Templates

Hi Guys, I am going to start this blog as I have been searching for more than 10 days and yet not found a site where I can get bunch of MS Word Templates to download for my day to day operations. I am big fan of MS Office and now playing with MS Office. Sometimes it takes lot of time to create professional looking documents. The built-in templates in MS Office are not enough hence need arose to find more templates. I am going to find templates on the Internet and will give you link here so you can quickly find those templates and save lots of your time. Will post my first finding very soon. Till then... Good Bye