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Casual Articles - DIVERSITY is a BIG word -- With A HUGE Business IMPACT
Financing a business in Canada has its unique set of challenges. If you are like most business owners you have probably relied on the banking industry to obtain financing. However, obtaining business loans is difficult. Your business must have years of profitable operation experience in order to qualify. But what if your business is new (but growing)? Or, what if you don’t qualify for a business loan but still have a great business?You have two options, and they are not available from your bank. They are available from a factoring company. Do you
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the
Throughout the United States many consumers and businesses are electing to purchase bottled drinking water instead of tap or well water. The trend is clearly on the rise. A recent study of the bottled water industry indicates that U.S. bottled water sales and consumption continue to multiply at double digit rates as consumers and businesses increasingly choose bottled water as a beverage of choice. (Source: International Bottle Water Association Press Release dated April 13, 2006, http://www.bottledwater.org) Many consumers are choosing bottled drinkin
You can sit back and simply enjoy the day. Let tomorrow take care of itself. Can't you just hear it? I've got my money "salted" away in a safe place. Getting great returns. No risk! Where? I'm invested in the dot.com firms of the future..... remember the bubble that burst?
YOUR BUSINESS
Obviously, you get the point. There is little need to bash the dot.com failures. Our goal is YOUR business. Your future expansions for growth.
EXPERIENCE is an expensive teacher. There are BETTER resources. Some of us have learned in the School of Hard Knocks. At least YOU can benefit by knowing some of our mistakes which we freely expose for your perusal.
Yes, most of our mistakes were NOT smart. Could have been easily corrected. Most 'goofs' are so obvious AFTER the fact it's embarassing to tell anyone.
DIVERSITY Is KEY --
Is that just a nice "sounding" word? Only to those who FAIL to understand it's HUGE impact. SUDDENLY! Almost an Overnight kick.... your financial well being can be GONE.
Many of us have been there. All of our business LINKED to ONE account. Are you in that position now? I hear you loud and clear. You are saying, "I'm making good money and business is great. Why should I change?"
If that is the case, YOU are NOT in control. Unless you have a service or product without equal or competition, YOU are at risk. Simply ask... if my ONE customer or my major customer GOES AWAY tomorrow... what happens to my business?
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the i
If you’re wondering how to keep your paypal account safe and still useful, I have a few suggestions. These five steps have proven themselves over time, and I’ve had no problems with PayPal because I manage my accounts for privacy.1. Password ProtectionUse a viable password, no dictionary words, add alternate letters, numbers, caps, lower case, and mix up the letters. A good mix of letters, numbers, lower and upper case will make your password more effective, less easy to translate, and should be at least 8 letters long.2. Change Pas
YOUR BUSINESS
Obviously, you get the point. There is little need to bash the dot.com failures. Our goal is YOUR business. Your future expansions for growth.
EXPERIENCE is an expensive teacher. There are BETTER resources. Some of us have learned in the School of Hard Knocks. At least YOU can benefit by knowing some of our mistakes which we freely expose for your perusal.
Yes, most of our mistakes were NOT smart. Could have been easily corrected. Most 'goofs' are so obvious AFTER the fact it's embarassing to tell anyone.
DIVERSITY Is KEY --
Is that just a nice "sounding" word? Only to those who FAIL to understand it's HUGE impact. SUDDENLY! Almost an Overnight kick.... your financial well being can be GONE.
Many of us have been there. All of our business LINKED to ONE account. Are you in that position now? I hear you loud and clear. You are saying, "I'm making good money and business is great. Why should I change?"
If that is the case, YOU are NOT in control. Unless you have a service or product without equal or competition, YOU are at risk. Simply ask... if my ONE customer or my major customer GOES AWAY tomorrow... what happens to my business?
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the
The most successful companies are the ones that are constantly coming up with new and innovative ways of doing business. They are always searching for the one great idea that will launch a successful product line or cut costs in difficult times.Progressive and savvy companies know that great ideas aren’t developed in a vacuum and that ideas can come from anyone in the organization. Taking a cue from their colleagues in advertising, they implement brainstorming sessions to encourage employees to express their ideas.Brainstorming spurs emplo
Yes, most of our mistakes were NOT smart. Could have been easily corrected. Most 'goofs' are so obvious AFTER the fact it's embarassing to tell anyone.
DIVERSITY Is KEY --
Is that just a nice "sounding" word? Only to those who FAIL to understand it's HUGE impact. SUDDENLY! Almost an Overnight kick.... your financial well being can be GONE.
Many of us have been there. All of our business LINKED to ONE account. Are you in that position now? I hear you loud and clear. You are saying, "I'm making good money and business is great. Why should I change?"
If that is the case, YOU are NOT in control. Unless you have a service or product without equal or competition, YOU are at risk. Simply ask... if my ONE customer or my major customer GOES AWAY tomorrow... what happens to my business?
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the
Infosnacking was declared word of the year for 2005 by Webster’s New World College Dictionary. If you are reading this article while at work, and it is not research for your company or related to your job in some way, then you are officially infosnacking. Dang, we use to just call it ‘screwing the dog’, but guess that is no longer Politically Correct. Infosnacking is defined as using the internet, on company time, to check your email, read the news, peruse the sports scores or a myriad of other internet related time stealers.
Many of us have been there. All of our business LINKED to ONE account. Are you in that position now? I hear you loud and clear. You are saying, "I'm making good money and business is great. Why should I change?"
If that is the case, YOU are NOT in control. Unless you have a service or product without equal or competition, YOU are at risk. Simply ask... if my ONE customer or my major customer GOES AWAY tomorrow... what happens to my business?
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the
Trailer records are a subtle animal. They don't seem to do much, but in the world of medical billing and the electronic transmission of claims, trailer records can mean the difference between a whole claim file going through or being rejected like a bad virus. In this installment of our series on medical billing and electronic claims submission, we'll be continuing our review of the XA0 record, picking up with field number 18.XA0 field 18, positions 120 - 126, is the total payer paid amount. This is the total amount of all claims being billed
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the impact and surprise income loss was real.
For 10 years it was wonderful. Profits were basically guaranteed. A major Insurance company needed "outside" typists. Large companies do strange things. Head-count! Move staff (human resource) cost to "service" overhead expense.
Situations change! Buyers of services RETIRE. Management gets promoted to a new location. Offices consolidate. DOWNsize. UPsize. Go out of business! Bankrupt yet still oweing you money that will never come.
Most of the above happened! Our "connection" moved. I had no idea the company was going to suddenly NO LONGER need our services.
It's happening around us every day. Technology! Yesterday is gone -- history. New ways of doing business. Automation. Push-button society. Home based workers.
In a FLASH! ONE day! Our business (95%) was gone. We had NO warning at all before the doors shut in our face.
WHAT COULD HAVE HAPPENED?
To capsule, we were able to use the equipment in our other businesses. Our lease on the space had NOT been renewed. Our own staff was transferred within. We lucked out!!
However, I "shudder" to think of the consequences that could have forced most folks out of business.
Had we signed another 5-year lease, the cost would have exceeded our PROFIT for the prior 10 years.
Equipment leases would still hang over our heads. Staff? Their jobs would have been gone in a flash.
YOUR CHALLENGE
Step back and look carefully at your business risks. Don't assume anyt
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