The business enterprise has two, and only two, basic functions: marketing and innovation. It is not necessary for a business to grow bigger; but it is necessary that it constantly grow better. - Peter F. DruckerThe organization that fails to continually innovate new products and services will not survive long. But not all innovations produce commercial success. A new business idea must offer customers exceptional utility at an attractive price,...more
How do you help leaders succeed? Give them some coaching, that's the widely accepted solution. Then why do some executives give up on coaching programs designed to help them improve?Executive coaching offers a tremendous opportunity to leverage leadership talent and resources. Coaching is no longer reserved for problem leaders. It is more frequently sought by top performers whose organizations value their management and growth potential. Yet,...more
Small Business Administration (SBA) loans are provided to loan seekers under section 7(a) of the Small Business Act. This Act gives power to the Agency to sanction loans to American Small Businesses. Founded on July 30, 1953, the U.S. small Business Administration has provided loans, loan guarantees, contracts, counseling and other type of assistance to small businesses. Most American banks and non-banking lenders participate with SBA in 7(a) loan program.SBA loans are provided to the borrowers against a guarantee for a percentage of loan amounts, if deemed necessary by the SBA loan providers. In case of default, the Agency is, in no way responsible to pay the entire amount - it only reimburses the guaranteed amount to the commercial lender. The borrower is obligated to pay the entire loan. The Government or the Agency (SBA) can neither offer loans as it does not have resources nor can it compel the lender to provide the loan. A loan applicant should contact the lender directly and not SBA.Loan seekers repayment ability is the top consideration in sanctioning these loans. Other important considerations like good character, management capability, collateral and business owner equity...more
When talking to people who are trying to sell their house I'm often asked the question, "Why should I sell my house to you?"That's a great question. Today's house seller has lots of options: they can list their house with a real estate agent, they can try to sell the house themselves or they can sell their house to a real estate investor. None of...more
Many businesses have long used the services of a conference call company to spread their message to the investment community, where investment professionals could hear many firms in several days. To accomodate those who couldn't travel, the conference call allowed hundreds of analysts to hear a presentation and ask questions in real time. But...more
The business world is changing and your company must catch up. Consumers are driving the quest for information and personality. Customers are demanding to trade their hard earned cash for prompt, reliable, trust worthy and friendly services. Clients yearn for the days when a company took care of them.Is your company doing all it can to establish a regular, consistent, focused, friendly relationship with each and every customer? Are you delivering powerful content and information to your clients? Are you providing answers to their concerns and questions before they have to ask? Are you doing all of this through old-fashioned, out-dated and ineffective marketing techniques?Forget about the postcards that remind your customers to get their oil changed or the weekly sales circular. That is not innovation. In today's business world those techniques are considered par. Your company should be doing something similar already.However, your company needs an innovative, never-ending marketing campaign that leverages your database to its fullest potential. Your company needs to become the leader in your field; you must set yourself apart from all the others. You must put your...more
What Is MICR?Here's a concise guide to MICR and associated technologies.By Charles KatzMagnetic Ink Character Recognition (MICR) was developed to utilize the benefits of computer technology in the banking industry. Prior to the use of a MICR line,...more
Have you started receiving credit card debt settlement notices in the mail? Have you been receiving collection calls? If this is the case, you have probably been in debt and been dealing with financial difficulties for quite some time.Creditors are...more
Before you decide on taking payday loans, make sure that you fully understand what it entails. Let us understand what exactly what payday loans or a cash advance loan is. Payday loans, as its name indicates, is related to your pay and payday. With...more
There are many markets: markets for stocks, futures, options and currencies. These are probably the most accessible markets for everyday traders like you and I. People easily understand the basics of trading shares, so I will occasionally use...more
Historically, the FX market was available most to major banks, multinational corporations and other participants who traded in large transaction sizes and volumes. Small-scale traders including individuals like you and I, had little access to this...more
A lot of people have been 'burnt' from scam operations on the Internet. Their sites may look so perfectly legitimate that you doubt whether they would have gone through all that trouble building a trading platform just to steal your money. Beware....more