The siege of Mosul and targeted killings of chemical weapons experts in US-led coalition airstrikes have significantly degraded the Islamic State’s production capability, although the group likely retains expertise to produce small batches of sulfur mustard and chlorine agents, a London-based analysis group said on June 13th.
In a new report, IHS Markit said there has been a major reduction in IS’ use of chemical weapons outside the northern Iraqi city. It has recorded one alleged use of chemical weapons by the group in Syria this year, as opposed to 13 allegations in the previous six months. All other recorded allegations of IS using chemical agents in 2017 have been in Iraq — nine of them inside Mosul and one in Diyala province, it said.
“The operation to isolate and recapture the Iraqi city of Mosul coincides with a massive reduction in Islamic State chemical weapons use in Syria,” said Columb Strack, senior Middle East analyst at IHS Markit.
“This suggests that the group has not established any further chemical weapons production sites outside Mosul, although it is likely that some specialists were evacuated to Syria and retain the expertise.”
IS has lost more than half the territory it once controlled in Iraq. It’s now fighting to defend a cluster of western neighborhoods in Mosul, Iraq’s second-largest city. Mosul is the last major urban area held by the group in Iraq, and is believed to be at the heart of its efforts to produce chemical weapons.
IHS Markit says the militant group has been accused of using chemical weapons at least 71 times since July 2014 in Iraq and Syria. Most of these involved either the use of chlorine or sulfur mustard agents, delivered with mortars, rockets, and IEDs.
It warned, however, that the extremist group likely retains the capability to produce small batches of low quality chlorine and sulfur mustard agents elsewhere. It could use such agents to enhance the psychological impact of suicide car bombings in urban areas or in terrorist attacks abroad.
Liberty call is a roller coaster of emotions. There are times when you can almost feel it in the air that something is going to go down over the weekend. There are tell-tale signs more obvious that others. When you see the stars align and the following events happen, keep your phone on. You’re going to need it, sir or ma’am.
1. The boot drop
Across the board in every branch there are ranks earned through time in grade. All a troop has to do is keep their nose clean at the entry-level position over a certain amount of time to rate the next rank. Is it easier said than done? Sort of. Don’t break the law and you’ll be fine. However, since majority of troops are those who exhibit good character, they will be promoted in waves. It’s not intentional– it mainly has to do with when they went to boot camp and their MOS school that will affect when a unit receives new pups.
The seasoned captain knows to place extra NCOs on duty in his company to prevent the opportunity for hazing. The difference between hazing and tradition is humiliation. The military has made great leaps to prevent and discourage hazing. Now-a-days kicking down a troop’s door and making them chug six beers at three in the morning is hazing. Back in my day it was free beer. Take that, stupid seniors. Don’t do it now though, you’ll go to real a** pounding jail.
2. Deployment is around the corner
You know that meme with the dog who doesn’t bite but will hurt you in other ways? Like saying that Kuwait isn’t a real deployment (*because it isn’t). Exactly, whether a deployment meets the infantry’s certified bad a** criteria or not, a unit is going to do what a unit is going to do. They’re going to party. That means a commander has to check the blotter. For the uninitiated, a police blotter is a public record of arrests made the prior evening. Your command will find out if you screwed up.
The brass would rather you went down for selling state secrets to the former Soviet Union than a D.U.I. – don’t do that either! In all seriousness though, officers better give one hell of an entertaining safety brief that communicates ‘don’t F this up for all of us’. I hope you took a course in stand up comedy in college, sir (or ma’am) because a good safety brief does deter stupid sh*t.
Officers, don’t put your reputation on the chopping block for a troop who came back hot during the unit drug test. Everyone is Rambo when they come back. Do not let your personal bias get in the way of protecting the rest of your troops. The odds that there was a mistake at the lab after post-deployment leave block are slim to none. Someone is going to pop.
Apes. Together. Strong. Apes on leave throw poop at everyone.
Yes, it’s your leave block too. However, an officer’s rank is on their shoulders to symbolize the burden of leadership. A phone call once every few days on a long leave block does make a difference. If an incident is going to happen you can at least get ahead of it and prevent it by staying informed. The Navy hits port after being months at sea. A Marine Expeditionary Unit is how the Marine Corps and the Navy can liberate any country in the world at a moment’s notice. Every ocean on the planet has a fleet of angry, bored Marines and sailors. Yet every valve needs a pressure release, or it will explode. When they hit port, R&R needs to be steady and controlled or sh*t will hit the fan. The command needs to make sure that there are plenty of tourist options available.
When we stopped in Dubai, I went skiing indoors at the U.A.E. mall and had chai at the Burj al Arab. We were so caught up in tourist stuff that no one got in trouble. Ports with no activities except alcohol were the most problematic, so, officers should expect the bare minimum if they plan the bare minimum. Honestly, there shouldn’t be any excuse for not incorporating morale because officers have better opportunities to access the internet on a Navy ship than enlisted. Put the social media down for one day and Google some fun stuff.
3. A holiday leave block longer than a 96
The risk is higher but that doesn’t always mean something will happen. Months like December are a minefield, so, calling your troops to at least check up on them is a worthwhile investment. You don’t want to do it. They don’t want to do it either. It’s reminder that, before they do some Wolf of Wall Street shenanigans, that they still have a career to get back to.
4. The 2nd promotion wave
Those E1s that got promoted to E2s are now ready to climb to E3s. The difference this time around is that they’ve ‘gotten with the program’ and won’t snitch if they’re getting hazed. It could be something as small as a light tap on their chevrons or full blown meritorious a** beating. In a good unit, it shouldn’t get out of hand, but officers know what they have. Even if your platoon doesn’t break the rules, if you got a bunch of rowdy, recently promoted war fighters, you’re in a rough ride.
5. The lance corporals are getting out
Terminal lances are out of f**ks to give. They’re a wild card even if they are getting out. They may be bitter from their four years of service and will disregard the rules. But even the lance corporals like to have a good time – find fun things to do in every port, or have them voluntold for plenty of admin.
In the early days of World War II the Germans still had an advantage over the British. Even though the Royal Air Force had won the Battle of Britain, its bombers suffered heavy losses when they crossed the channel into occupied Europe.
British scientist believed this was due to advances in German radar technology.
Reconnaissance photos showed that the Germans indeed had a complex radar system involving two types of systems – long-range early warning and short-range precision – that allowed them to effectively guide night fighters to British bomber formations. In order to develop effective countermeasures against these radar systems the British scientists needed to study one.
Operation Biting was conceived to steal a German “Wurzburg” short-range radar.
A German radar installation at Bruneval, France, was identified as the best target to conduct a raid against.
The plan called for C Company, 2nd Parachute battalion led by Maj. John Frost to parachute into France, assault the German position, steal the radar, and then evacuate by sea back to England with their loot. Accompanying the paratroopers would be a Royal Air Force technician who would oversee the dismantling and transport of the radar.
After extensive training and briefings, the raid was set for late February, 1942, when a full moon and high tides would provide the perfect environment for the assault force.
On the last night of the mission window, the conditions were just right and the men of C Company embarked for France aboard converted Whitley bombers of No. 51 Squadron.
The company was divided into five sections each named after a famous British naval officer: Nelson, Jellicoe, Hardy, Drake, and Rodney. Three sections – Jellicoe, Hardy, and Drake – would assault the German garrison at the station and capture the Wurzburg radar. While this was taking place, Nelson would clear the evacuation beach and the area between it and the station. Finally, Rodney would be in reserve guarding the most likely approach of a German counterattack.
The drop was almost entirely successful with only a portion of the Nelson section missing the drop zone a couple miles. The rest of the paratroopers and their equipment landed on target. Frost and the three assault sections were able to rendezvous in just 10 minutes. The Germans still had no idea British paratroopers were in the area.
That didn’t last long though, as the paratroopers assaulted the villa near the radar station. The paratroopers killed the lone German defending the house with a machine gun on the upper floor. But the attack alerted the rest of the garrison in other nearby buildings who immediately began returning fire killing one of the paratroopers. Frost stated that once the firing started “for the whole two hours of the operation there was never a moment when some firing was not going on.”
As the paratroopers battled the Germans, Flight Sgt. C.W.H. Cox, the RAF technician sent along to dismantle the radar, led the engineers to the radar set to begin its deconstruction under heavy German fire. After a half hour of work they had the parts and information they needed and loaded them onto special carts to haul them to the evacuation beach. The men of C Company had also managed to capture two German radar technicians who had vital knowledge of the operation of the Wurzburg radar.
Frost then ordered the force to withdraw to the beach. This was just in time, as a column of German vehicles began to arrive at the radar station. Almost immediately upon departure the paratroopers encountered a German pillbox that should have been cleared by the Nelson task force. Due to a communications breakdown Frost had not learned about the missed drops of a large portion of the Nelson group.
A small portion of the force had arrived and was fighting to hold the beach but the remainder had been moving at double time to reach their objective. After a brief firefight with a German patrol, the remainder of Nelson arrived on the scene and cleared the pillbox allowing the rest of the force to continue to the beach.
Once on the beach, the communications problem became even worse – the paratroopers had no contact with the Royal Navy flotilla assigned to evacuate them. Frost tried to raise them on the radio and when that failed, he decided to fire signal flares. The flares worked, and just in time, as a lookout spotted a trail of headlights moving toward the beach. Three Royal Navy landing craft came ashore and the paratroopers hastily loaded themselves and their prizes onboard before setting out for home. The return trip was without incident and the raiders returned to England to a hero’s welcome.
The British losses were two killed, two wounded, and six men captured who had become separated during the fighting. But the amount of intelligence they returned to England was near priceless. The information provided by the captured Germans and the radar itself allowed the British to advance their countermeasures.
This would prove crucial in the airborne operations at Normandy two years later.
A New York Times article dated March 3, 1942, predicted that the success of the raid had “changed the nature of warfare itself” and that soon these types of commando units and actions would grow to encompass much larger formations such as the airborne divisions that the Allies formed.
As for the men of C Company and Frost, they would see action in North Africa and Italy before being a part of the ill-fated Operation Market-Garden.
Make-A-Wish Foundation sets up special experiences for kids diagnosed with life-threatening medical conditions. While kids can wish for forts in their backyard, shopping sprees, or trips to Disney, some choose to get in the dirt and mud with the U.S. military. These 7 kids used their wishes to join (and in a couple of cases command) military units.
1. Evan takes command of Naval Air Station Fallon.
When Evan was offered a wish from the Make-A-Wish Foundation, he wished to become a Top Gun fighter pilot. The commander of Naval Air Station Fallon welcomed Evan into his office and had an instructor escort him around the school. Evan was then able to attend a Top Gun graduation ceremony where he received an honorary certificate. His escort, Major Chip Berke, told a Marine Corps journalist, “There were so many volunteers to help escort Evan and his family, but I was fortunate to get the job. Evan tells me that I work for him. He even asked to be taken back to ‘his office’ a few times after leaving Base Admiral Mat Moffit’s desk.
3. Ian Field packs a 20-year career into two days.
The Army’s 1st Infantry Division learned Ian Field wanted to be a soldier for his wish and their 4th Infantry Brigade Combat Team set up a two-day event for Ian to climb from private to command sergeant major April 14-15, 2011. He began by enlisting in the Army and being promoted to private first class. He then fired weapons, trained with grenades, shot artillery, rode in a helicopter, drove a tank, and rescued an injured comrade. As a final event, now-Command Sgt. Maj. Ian Field led his squad during a ceremony commemorating their time together.
4. Carl “pilots” his plane right into the ocean.
Carl, an avid history buff, asked to be a World War II pilot for the day. Specifically, a pilot on the run after being downed. The Air Force trained him in survival skills before he flew to Hawaii. Soldiers and Marines welcomed him at the Hawaii airport with 1940’s military vehicles and gave him a tour of military museums and installations on the islands. Then, he was flown in a Navy bi-plane to a remote beach where he had to cut himself out of a parachute, find his gear, and lead his dad to safety. While they were setting up their position, a pair of Navy SEALs swam in and Carl led their assault on an enemy camp.
5. Andrew becomes a Marine, sailor, soldier, and airman in one day.
Andrew toured multiple bases and served with the Navy, Air Force, Army, and Marine Corps in a single day for his wish. First, he visited March Air Reserve Base and toured a C-17 in a custom flight suit and helmet and saw a Predator drone and F-16 up close. Then he headed to the Marine Corps’ Camp Pendleton where he became an honorary sergeant major. The Navy showed him some of their inflatable boats and let him fire weapons on a computerized shooting range before the Army showed him around their vehicles.
6. Riley learns the Ranger’s Creed in time for graduation.
Riley Woina chose to be a Ranger for a day and practiced jumping out of planes with them before witnessing an actual airborne parachute drop with the 6th Ranger Battalion at Eglin Air Force Base, Florida. During airborne training, a Ranger pulled Woina’s reserve parachute for him and accidentally gave the boy a black eye, but Woina decided to continue with training. He also assisted the Ranger candidates in clearing a room and was able to fire off some blank rounds from an M4 and M249. At Ranger graduation, he recited the Ranger Creed from memory.
Riley gave an interview to the Fort Benning Public Affairs Office where he discussed why he chose to be a Ranger for his wish, available here.
7. Jacob makes a World War II movie to honor the military.
Jacob Angel wished to be a World War II soldier in a movie depicting the exploits of World War II heroes. In the film, embedded above, he has to take a hill and fly the American flag over it.
The chief of Naval Operations said today that the collisions in the Pacific that killed 10 sailors aboard the USS Fitzgerald and seven sailors aboard the USS McCain were entirely preventable, and the service is committed to correcting the actions that led to the accidents.
Navy Adm. John Richardson told Pentagon reporters that many aspects combined to cause the accidents, including lack of training, hubris, sleep deprivation, failures in navigation, and failures in leadership.
The guided missile destroyers USS Fitzgerald and USS McCain sailed when they shouldn’t have, he said, and that decision falls on the commanders, who are responsible for conducting risk assessments.
The demand for ships, or any military capability, is defined by the security environment, Richardson said, adding that the Pacific has been a very demanding environment of late.
The demand of the security environment must match against the resources that can be applied. “When you have a gap between those two, that’s risk,” the admiral said. “It’s all part of that … day-to-day assessment. Every commander has to wake up each day at their command level and say, what has changed in my security environment? What is my new risk posture? And how am I going to accommodate or mitigate that risk?”
At some point, commanders cannot mitigate the risk, and they should say no to the mission, he said, but the present culture is such that commanders will assess the risk to be acceptable when it is not.
Changing that culture is one goal for the chief — he wants commanders to be honest about assessments and the shortfalls they have.
While the changes are in the 7th Fleet area, the Navy is on all the seas. “A review of your Navy today shows that this morning there are 100 ships and 64,000 sailors and Navy civilians who are deployed,” Richardson said.
“This includes three carrier strike groups and their embarked air wings, three amphibious readiness groups, and their embarked Marine expeditionary units, six ballistic missile defense ships on station, 11 attack submarines, five [ballistic missile submarines],” he said. “The vast majority of these ships are conducting their missions, some of them extremely difficult, effectively and professionally, protecting America from attack, promoting our interests and prosperity, and advocating for the rules that govern the vast commons from the seafloor, to space, and in cyberspace.”
The Navy and its sailors are busy, and they have been integral to the wars America has fought since 9/11. “Recent experience has shown that if we’re not careful, we can become overstretched, overextended. And if we take our eye off the fundamentals, we become vulnerable to mistakes at all levels of command,” the admiral said.
To address this, the Navy has taken some immediate actions, including restoring a deliberative scheduling process in the 7th Fleet, conducting comprehensive ready-for-sea assessments for all Japan-based ships, establishing a naval service group in the Western Pacific — an independent body in Yokosuka, Japan that will keep their eye on readiness generation and standards for the Pacific Fleet commander — establishing and using a near-miss program to understand and disseminate lessons learned, and establishing policies for surface ships to routinely and actively transmit on their automatic identification system, Richardson said.
Midterm actions will emphasize training, establishing comprehensive policies on managing fatigue and accelerating some of the electronic navigation systems upgrades, he said.
“Long-term actions include improving individual and team training skills, with an emphasis on basic seamanship, navigation and integrated bridge equipment; evaluating core officer and enlisted curricula with an emphasis on fundamentals [and] navigation skills,” the admiral said.
“I have to say that fundamental to all of this is how we prepare leaders for command,” Richardson said. “We will deeply examine the way that we prepare officers for increasing leadership challenges, culminating in assumption of command with the capability and the confidence to form, train and assess warfighting teams on the bridge, in the combat information center, in engineering and throughout their command.”
In recent weeks, Wall Street has talked a lot about the fears of a coming recession, fueled by a drop in government bond yields. The casual investor may have no idea what this means for them, but for homeowners in the military and beyond, it means now is the perfect time to refinance a mortgage.
What any potential refinancer needs to know is that the falling bond yield is pushing mortgage rates to their lowest levels in three years. In November 2018, the interest rate was steady at five percent. Eight months later, the interest rate in now at 3.6 percent and looking to fall further.
This isn’t some shady internet ad, promising easy money on Obama-era mortgage laws or new Trump-era government home loans – those certainly exist and everyone should be wary about trusting easy money. But the drop in mortgage rates comes directly from Freddie Mac, whose rate on a 30-year, fixed-rate mortgage fell to 3.6 in August 2019. The reason is that the 30-year rate is linked to 10-year Treasury Bonds. The rate of return on those bonds just fell to their lowest since October 2016.
(St. Louis Federal Reserve)
What this means is that suddenly your homeowner dollar goes a little bit further, considering the cost of taking out a new loan or refinancing an old one just dropped. According to Caliber Home Loans, a lending company who specializes in military and veteran homebuyers, the rule of thumb used to be that the interest rate for a new mortgage must be about two percentage points below the rate of a current mortgage for refinancing to make sense.
With new low- and no-cost refinancing from Caliber and other lenders, refinancing could make sense any time – especially right now, given the latest interest rates. A refinance could reduce overall interest while reducing a monthly payment. If you acted right now, you wouldn’t be alone, not by far. Falling rates boost the U.S. housing market.
It’s important to think of your home as an investment, too.
“My applications are up across the board,” said Angela Martin, a Nashville, Tenn.-based loan officer told the Wall Street Journal. “Every time the Fed starts talking is when my phone starts ringing off the hook.”
What Martin means is the Federal Reserve just cut the benchmark interest rate after a few successive rate hikes. This is when people start looking for a better deal. But be wary – lenders will sometimes employ different perks after a rate drop to entice customers to accept things like credits at closing instead of a lower rate.
For military families and veteran homeowners, look into military-oriented lenders like Caliber Home Loans. Caliber and companies like it specialize in the needs and benefits afforded to military members and veterans. Caliber is also a proud sponsor of the 2019 Military Influencer Conference, a three-day conference of service members, veterans, and spouses who work to elevate the military veteran community.
On December 4, 2020, President Trump signed a bill that waives a federal law requiring that requires a Medal of Honor to be awarded within five years of the actions for which the award is recommended. The bill, H.R. 8276, was introduced by Representatives Michael Waltz (R-FL), Stephanie Murphy (D-FL), and Dan Crenshaw (R-TX). By signing the bipartisan bill into law, President Trump has authorized U.S. Army Sergeant First Class Alwyn Cashe to posthumously receive the Medal of Honor.
On October 17, 2005, Sfc. Cashe was part of a route clearance mission in Daliaya, Iraq. He served as the platoon sergeant of 1st Platoon, Alpha Company, 1st Battalion, 15th Infantry Regiment, 3rd Infantry Division. Previously, the experienced NCO infantryman served in the 1991 Gulf War and the 2003 Invasion of Iraq. During the route clearance, Cashe was in the lead M2 Bradley Infantry Fighting Vehicle when it struck an IED.
The explosion ruptured the vehicle’s fuel cell which covered Cashe in fuel, and caused the vehicle to burst into flames. Initially slightly injured, Cashe exited the Bradley, helped the driver out, and extinguished the flames on his clothes. Six of Cashe’s soldiers and their interpreter remained in the Bradley which had been consumed by the flames. Cashe moved the the rear of the vehicle and reached through the flames to rescue his men, his fuel-soaked uniform burning. He rescued six soldiers and refused medical attention until the others were evacuated. Sadly, the interpreter was killed in action. 10 soldiers from the Bradley were wounded, 7 of them severely. Cashe suffered 2nd and 3rd degree burns over 72% of his body. He succumbed to his wounds on November 8, 2005.
For his heroic actions, Cashe was awarded the Silver Star. Since then, Cashe’s family has led the effort to upgrade his award to the medal of honor. Recently, however, Cashe’s valor and his family’s campaign have gained public attention. Maj. Gen. Gary Brito, Cashe’s battalion commander at the time, said that he was not aware of the extent of Cashe’s injuries when he nominated Cashe for the Silver Star. The general since has submitted additional statements to the Army to justify upgrading Cashe’s Silver Star to the Medal of Honor.
On October 17, 2019, 14 years after Cashe rescued his men from the burning Bradley, Reps. Waltz, Murphy, and Crenshaw wrote to Secretary of Defense Mark Esper and Secretary of the Army Ryan McCarthy formally requesting Cashe’s award be upgraded to the Medal of Honor. On August 24, 2020, Secretary Esper agreed that Cashe’s actions merited the upgrade. The following month, the House of Representatives unanimously passed H.R. 8276 to waive the five-year statute of limitations. The same month, Pittsburgh Steelers left tackle Alejandro Villanueva, a former Army Ranger, brought public attention to the campaign by taping Cashe’s name on the back of his helmet.
On November 10, 2020, the Senate also unanimously passed the bill and cleared the way for Cashe to posthumously receive the Medal of Honor. With President Trump’s signing of the bill, the last hurdle to recognize Cashe with the nation’s highest military honor is cleared. “I applaud President Trump for signing our bill into law, recognizing Sergeant First Class Alwyn Cashe for his bravery in risking his own life to save his fellow soldiers,” said Crenshaw. “He is deserving of the Medal of Honor, our nation’s highest military award for bravery on the battlefield, and now he is finally receiving proper recognition for his bravery and sacrifice.”
Once the President receives endorsement from the new acting Secretary of Defense, Christopher Miller, he will be able to award the Medal of Honor to Cashe. This would make Cashe the first African-American to receive the award for actions in Iraq or Afghanistan. On July 23, 2020, Cashe’s son, Andrew, followed in his father’s footsteps and graduated as an infantryman at Fort Benning, Georgia.
Since World War II, flat-topped aircraft carriers have been the backbone of US power projection and military might at sea, but a new generation of long-range missiles being developed by the US’s adversaries could push these mechanical marvels off the frontlines.
The US’s massive aircraft carriers have a problem. The F-18s aboard US aircraft carriers have a range of about 500 nautical miles, as noted by Ben Ho Wan Beng at the US Naval Institute.
The incoming F-35Cs are expected to have a marginally better range of about 550 nautical miles.
Aircraft carriers, which have been the star of the show since their emergence during World War II, may therefore end up taking a back seat to smaller vessels.
The US Navy has long been working toward achieving “distributed lethality,” or a strategy that entails arming even the smallest ship with missiles capable of knocking out enemy defenses from far away. Engaging enemies with smaller ships also helps to keep extraordinarily valuable targets like carriers out of harm’s way.
So instead of putting a carrier in harm’s way, the Navy will most likely look to use longer-range platforms, like cruiser-destroyers that carry the Tomahawk land-attack cruise missile, which have a range of about 900 nautical miles.
In the end, a carrier strike group would no longer lead with the carrier.
Instead, destroyers firing Tomahawk missiles would initiate the attacks, softening up enemy anti-access/area-denial capabilities before the big carriers moved in closer to shore.
“Worry about the dollars and the pennies take care of themselves.” — anonymous
It’s worthwhile to keep that adage above in mind when you are being pitched to buy a franchise business.
One of the most costly mistakes veterans can make is paying too much upfront for a franchise that you can’t sell for the same price the next day. It’s the venture equivalent of buying a used Chevy for the price of new BMW.
I hate it when I receive letters from veterans who “want out” of a franchise they just bought. They feel snookered, trapped, and annoyed at themselves for not looking at the details before signing on the dotted line.
The best way to avoid buyer’s remorse is to become a smart shopper of franchise opportunities. Here are five tips to help you assess if you are more likely to make money or lose money in the franchise world.
1. Set higher standards
If your objective is to merely “go into business for yourself” or “own a franchise” then your aspirations are not high enough to be a successful business owner. After all, you will achieve your goal of business ownership the day you sign the franchise contract! Then what?
A more purposeful objective is to own a franchise that will make money for you. When you set high standards for your financial return on your invested time and savings your tire-kicking “due diligence” questions become more precise and purposeful.
2. Understand sales rep motivations
When you start to explore different franchise opportunities, you will come in contact with franchisor representatives and business brokers who have just one purpose—to sell you a franchise as fast as possible. These individuals are not your trusted friends or unbiased financial advisors. Certainly don’t sign any franchise agreement without prior review from an experienced corporate attorney who understands franchise valuations and royalty obligations.
3. Add up cost of acquisition
Sneaky franchise brokers are adept at hiding the true investment cost of a franchise purchase. If you sign up to buy a franchise, your cost of acquisition is more than the down payment. Include the amount you have to borrow to acquire the franchise plus other savings you may have to apply to the business until it achieves at least cash flow breakeven. (when net sales revenues exceed expenses every month) This is the total amount you will have at risk in your new business. How comfortable are you with this amount? What would happen if you lost it all?
4. Evaluate owner’s compensation
Another trick of franchise sales reps is to present impressive financial projections of average franchise unit performance. Look closely at these projections. Do they include a budget allocation for the owner’s salary, healthcare, adequate insurance and other real world expenses associated with running a business? If there is no allocation for an owner’s salary and benefits and you intend to work full time in the business, beware!
Remember, year-end profits should be your financial return on your invested capital, not your sole source of compensation for working 40 to 70 hours a week to keep the franchise alive! Of course, the business could fail to generate a profit too which means you as the founder earns nothing for a lot of work.
5. Understand market value
Buy low, then sell high. If you pay $25,000, $50,000, or $100,000 to buy into a franchise, then you should find evidence that other franchises can be sold at least for that much or more. Unfortunately, the opposite is often true.
Research the market for this brand of franchise. What are the average resale purchase prices in your state? Who buys up franchises when the owner wants out? Does the corporate office buy back franchises? What does the franchise agreement call for? Frequently, one regional franchise operator buys distressed properties at deep discounts.
Given all the risks associated with owning a business and personal obligation to repay debt, you should walk away from any franchise that cannot eventually be sold for at least two times your invested capital.
Unfortunately, I get too many letters from franchise buyers who are desperate to get out of a money-losing franchise. They realize they overpaid for a franchise usually within a year of purchase. They didn’t pay attention to the quantitative issues where they could lose hard cash because the sales reps kept their attention on how great it will be to at last be the boss of a money making business. At the end of the day, they didn’t make any money and didn’t have any fun as a business owner.
Now you know better.
Susan Schreter is a devoted Yellow Ribbon Reintegration Program workshop presenter and founder of Start on Purpose, a service organization that empowers business owners anywhere in America to find and manage business funding with confidence. Connect with her at Susan@StartonPurpose.
Check out these five military veteran comedians you should look out for in 2018.
5. Mitch Burrow
This Marine veteran served in Operation Iraqi Freedom in 2003. Afterward, he started a career in manufacturing, but quickly realized that it sucked. He began his stand-up comedy career after driving down to the Comedy Store in La Jolla, drinking three shots of tequila and a couple of Budweisers, and getting on stage. Later, Mitch was told it went pretty well.
To follow Mitch or check out one of his shows visit his website: MitchBurrow.com.
4. Thom Tran
After enlisting in the Army at 18, Thom spent most of his career as a Communications Sergeant and Civil Affairs Sergeant. Thom decided to become a comedian after sustaining an injury during combat operations.
In 2008, he moved to Los Angeles and soon created The GIs of Comedy tour — a show that travels the world performing for both military and civilian audiences.
3. Isaura Ramirez
After serving 13 years in the Army, this former captain deployed to Iraq for 15 months. When she returned home, Isaura enrolled herself in a comedy class as a form of expression.
This Philadelphia native joined the Marine Corps at 18, serving as an infantry rifleman (0311) with 3rd Battalion 6th Marines. After leaving the Corps in the mid-90s, Rocco moved to Los Angeles where he’s had luck landing gigs, including headlining his act at several comedy stores throughout the U.S.
This comedian and Marine veteran also serves the community as a knowledgeable yoga instructor
Before James was cracking up audiences with his flawless stand-up routine, he was giving orders while stationed at Marine Corps Base Camp Pendleton. This former captain served in both Operation Desert Shield and Storm before exiting from the Corps.
Now, he performs wherever he can find work, but you follow him on his website JamesPConnolly.com.
They will be here all week and don’t forget to tip your waiter.
Got any vets you think will make us laugh? Leave a comment.
Iran’s talking tough again, threatening to close the Strait of Hormuz in the event of an attack. This is not the first time such threats have been made. Furthermore, when Iran mined USS Samuel B. Roberts (FFG 58) during Operation Earnest Will, the United States delivered quite the beat-down to the mullahs’ military forces in Operation Praying Mantis. But it raises the question of whether Iran could carry out its threats. Iran’s threat cannot be treated as idle, given that they did try to shut down the Strait of Hormuz during the Iran-Iraq War.
Currently, the Iranian Navy has at least five frigates, three Kilo-class submarines, fifty-four guided-missile patrol boats, and at least sixteen mini-submarines. It is a force that could be beaten by the United States Navy – much as was done in 1988 – but that task may be tougher now than it was back then. To understand why just take a look at the map.
At less than sixty miles wide for most of its length, Iran can not only count on its naval forces to attack tankers in the Strait of Hormuz, but also truck-mounted and fixed-position anti-ship missile batteries on the coast, primarily consisting of the C-802 and C-201 missiles. Iran’s control of Qeshm and Larak Islands adds further reach to shore-based missiles as well. These bases could also be protected with surface-to-air missiles like the SA-10 “Grumble” that Iran has been trying to buy from Russia for years.
With missiles flying in at 685 miles per hour, even an Aegis vessel will have some problems protecting a supertanker from being hit by an anti-ship missile. The good news is that supertankers are very big, and as a result, they are very tough. Even an 1100-pound warhead from a C-201 won’t sink a supertanker. But it will create one hell of a mess. The hit will cause a fire, and it will send oil spilling out. In the “Tanker War” that took place during the Iran-Iraq War, over 500 commercial vessels were hit.
Iran’s other traditional weapon for closing the Strait of Hormuz would be mines. The shallow depth of the Strait of Hormuz (less than 300 feet deep) makes it a prime ground for moored contact mines and bottom mines. The most insidious thing about a minefield is, to paraphrase Tom Clancy, the fact that all you really need to create one is a press release. In fact, in the last thirty years, mines damaged three of the five United States warships damaged by hostile action – and the 2000 attack on USS Cole (DDG 67) was done with a makeshift mine.
What makes Iran even more capable, though, is its submarine arm. The three Kilo-class submarines are bad enough. Capable of holding 18 533mm torpedoes, they could sink a supertanker in the Strait of Hormuz, but they also are constrained by the shallow depths of the Strait of Hormuz.
Less constrained are the 16 Ghadir-class mini-subs. These subs can carry the same acoustic homing torpedoes as a Kilo-class sub, there would be a lot of them out in the Strait of Hormuz. In essence, these are mobile minefields, and a lot more dangerous than their size would lead you to believe. A North Korean sub similar to Iran’s Ghadir-class minisubs sank the South Korean corvette Cheonan, killing 46 officers and men.
In short, Iran has a lot more options to close down the Strait of Hormuz if they want to. Re-opening that important chokepoint (through which over a third of the world’s oil production transits) is likely to be a very dangerous undertaking.
Soldiers and Marines have risked life and limb in dangerous breach operations on the battlefield, but new technology will help keep them out of harms way.
“We never, ever want to send another soldier into a breach, so how do we do this completely autonomously?” Gen. Mike Murray, head of Army Futures Command, asked at Yakima Training Center in Washington state recently, Defense News reported.
The answer to the general’s question: A monstrous robotic Assault Breacher Vehicle, an 80-ton battlefield bulldozer built to rip up minefields and remove obstacles.
A M1150 Assault Breacher Vehicle (ABV) from 8th Brigade Engineer Battalion, 2nd Armored Brigade Combat Team, 1st Cavalry Division prepares to conduct gunnery qualifications.
(US Army photo by Sgt. Patrick Eakin)
The Army and Marines have been using manned M1150 ABVs for breach operations for nearly a decade.
An Assault Breacher Vehicle (ABV) is essentially an M1 Abrams tank that has been upgraded with armor improvements and had its turret replaced with either a mine plow or a combat dozer blade able to clear a path for other assets.
These mobile, heavily-armored minefield and obstacle clearing vehicles have traditionally been manned by a crew of two.
The plan is to get those troops out.
“That is a very dangerous point to put soldiers and Marines, especially when dealing with explosive obstacles,” 1st Lt. David Aghakhan, ABV Platoon Commander, said in a statement, adding that new robotic variants give “us the option to take the operator out of the vehicle, and still push that vehicle through the lane, creating that mobility for follow-on forces.”
Marines from the 2nd Combat Engineer Battalion, Camp Lejeune, N.C., operate an Assault Breaching Vehicle with robotic operation capabilities at Yakima Training Center, Yakima, Wash., May 1, as part of Joint Warfighting Assessment 2019.
(U.S. Army Photo by Staff Sgt. Monte Swift)
The Army and the Marines tested a robotic version of the ABV for the first time out at Yakima Training Center a few weeks ago in a first step toward pulling troops out of the breach.
“This is something we cried from the mountain tops for. Somebody listened,” Lonni Johnston, program manager for Army Future Command’s Robotic Complex Breach Concept (RCBC) and former assistant program manager for the ABV program, told Business Insider.
During the recent demonstration at Yakima, a prototype was put to the test. “This is the first time this has been used. We’ve never had a robotic version of this until now,” Johnston explained.
The robotic ABVs in the recent test were supported by a robotic Polaris MRZR vehicle capable of creating smoke screens, as well as suppression fire units, which in a real situation could be either manned or unmanned.
“A breach is one of the most complex maneuvers during any type of military operation because there are so many components to it,” Johnston explained.
Marines from the 2nd Combat Engineer Battalion, Camp Lejeune, N.C., operate an Assault Breaching Vehicle with robotic operation capabilities at Yakima Training Center, Yakima, Wash.
(U.S. Army Photo by Staff Sgt. Monte Swift)
The breach is one of the most dangerous places a soldier or Marine can find themselves.
“The breach is literally the worst place on Earth,” Johnston, a retired Army officer, told BI. “It’s the most dangerous place on the planet.”
“Every gun, every cannon, everything that shoots a missile or a bullet is going to be aimed at that breach,” he added. “When you are attacking an enemy force that is hellbent on keeping you out, they are going to do whatever they can to do that.”
So, the Army and Marines are looking at robotic systems smash through the breach, which soldiers and manned vehicles can then flow through.
U.S. Marine with 1st Combat Engineer Battalion services Next Generation Combat Vehicle Surrogate during a demonstration of next generation technologies in support of Joint Warfighter Assessment 19 at Yakima Training Center.
(U.S. Army Reserve Photo by Spc. Patrick Hilson)
The services have a number of challenges to surmount for robotic ABVs to be effective against a tough adversary.
It’s unclear when the robotic ABVs will be ready for deployment, but the Army is envisions fielding six per brigade, four with mine plows and two with combat dozer blades. That is how many the service believes it needs to clear two breach lanes.
Each vehicle would be operated by one person in either a stationary or mobile command and control center.
Challenges include electronic countermeasures, such as jamming technology that could be used by an enemy to incapacitate these vehicles. There are also concerns about what to do if it dies mid-breach, inadvertently becoming just the kind of obstacle it was meant to obliterate.
These are some of the things the services will have to explore as they push forward on this technology.
This article originally appeared on Business Insider. Follow @BusinessInsider on Twitter.
A new report compiled by U.S. Senate researchers warns that Russia has been emboldened by its efforts to interfere in U.S. and European elections, and calls for a stronger U.S. response to deter Moscow.
The report, released Jan. 10 by staff members of the Senate Foreign Relations Committee, listed a series of policy recommendations to counter what it called “Russian President Vladimir Putin’s nearly two-decade-long assault on democratic institutions, universal values, and the rule of law across Europe and in his own country.”
The document highlighted various efforts by European governments to counter what researchers called Kremlin policies.
For the United States, the report calls for establishing a single government body to coordinate the U.S. response to Kremlin operations, publicizing assets and wealth held by Kremlin officials and politically connected businessmen in the West, and formalizing various Russia-related sanctions programs into a single designation: “State Hybrid Threat Actor.”
Other recommendations include working more closely with U.S. allies in Europe on a joint approach to deterring Russia and cyberthreats, pressing social-media companies like Facebook and Twitter to be more transparent in political advertising, and reducing European imports of Russian natural gas and oil.
But the report also strongly criticizes President Donald Trump’s administration, saying its response has emboldened Moscow.
“Never before in American history has so clear a threat to national security been so clearly ignored by a U.S. president,” it says.
The White House did not respond to requests for reaction to the report.
In the past, Trump officials have given mixed messages about how to deal with Russia, with Trump himself espousing more conciliatory policies, while others backing stronger responses, including financial sanctions and more U.S. military weaponry for European allies.
The Republican-controlled Congress, meanwhile, has pushed forward with Russia-related legislation, largely in response to the U.S. intelligence agencies’ finding that Moscow actively meddled in the 2016 presidential election.
In August, lawmakers passed the Countering America’s Adversaries Through Sanctions Act overwhelmingly and the measure was reluctantly signed into law by Trump.
Russia has repeatedly denied any effort to interfere in the 2016 presidential election.
On Jan. 8, Deputy Foreign Minister Sergei Ryabkov rejected assertions by CIA chief Mike Pompeo that Moscow planned to meddle in the November 2018 elections that will determine whether the Republicans retain control over both houses of Congress.
The report was authored by staffers working for Democratic members of the Senate Foreign Relations Committee, and commissioned by the panel’s lead Democrat, Ben Cardin, an outspoken critic of the Kremlin.
Asked at a briefing on Jan. 9 why Republican committee staffers or members were not involved in the report, staffers insisted that Republicans would be supportive its findings and recommendations.