How to Buy Notes...You and Your SellerSun Tzus is a famed Chinese warrior and everytime before going into battle he would instruct his soldiers to know their enemy.This same belief is also true with note buying.Knowing your seller should be the mantra for any note buyer or broker for that matter.Why is this?Not knowing your seller will place you in a position where you will be entering a negotiation with no idea of what your negotiating tactics...more
Economics is not a complicated topic when viewed in a broad sense. The economy can either do well or do poorly. When it does well, prosperity lasts for a while, but it almost always slows down and starts to do poorly again in the future. Then, it will swing back up again. Those times of economic slow down are called "recessions." Recessions are inevitable, so it is only sound financial advice to tell you to plan ahead for them, even if you are...more
RECESSION is looming! Admitting it is not being negative. The signs are there. It may not be Nigeria's worst ever recession. But the economy is slowing down all the same. Are you prepared for it? Are your defences up against it? Will you be able to cope when it starts to bite?Asking -- and finding the right answers to these questions -- is the right exercise that anyone with at least a little sense should be engaged in at this time. Not to do so is to behave like the proverbial Ostrich.This is no time for burying your head in the sand and pretending that nothing is going on; that you will wake up tomorrow and discover that everything is fine. That is sheer wishful thinking. And it will hurt you badly.When King Pharaoh had a dream and the gates of the prison was opened for Joseph to interpret the dream, neither Pharaoh, who had the dream nor Joseph, who interpreted it, was being negative as the events that unfolded later proved.GOD showed Pharaoh what was about to happen. And HE positioned Joseph to provide the solution to what would've been a calamitous event. Joseph pointedly told Pharaoh, seven years of plenty will be followed by seven years of famine. Make no mistake about...more
IF you were presented with three choices -- time, money [seed or working capital] and good health -- which one will you absolutely go for? Which of the three will you hang on to while ignoring the other two?Tricky question, you say? Maybe. But I don't think so. Not when you give it a deep thought. Depending on the level you're in your...more
Financing is one of the most difficult tasks for any business, especially during a financial crisis. Obviously cash flow is the life's blood of any business, at any time, good or bad. The important thing to remember is that because of this crisis all businesses are in the same position you are, as far as cash flow is concerned which directly...more
The problems IT Help Desk customers often encounterIf your company or organization has an in-house or outsourced IT Help Desk, chances are that some of your Help Desk customers are dissatisfied with the service they are receiving. Some of the many possible causes of dissatisfaction with IT Help Desks include:1. Long wait times when calling the Help Desk or after submitting a service request by e-mail or using a Help Desk Web portal or ticket system2. CSRs that do not understand their customers' problems3. Rude CSRs4. Closing IT incident tickets before the problem is resolved5. Lack of follow-up by IT Help Desk CSRs6. IT customers (IT users) having to deal with recurring problems for which the cause never gets addressed and/or eliminated7. IT Help Desk CSRs that are not adequately trained and that lack knowledge required to solve problems8. IT customers having to explain their question or problem to multiple CSRs and IT technicians9. IT customers having to wait a long time for Help Desk problem resolution, hardware repairs, software installation, and other IT support provided at their desk or by phone/e-mail10. IT Help Desks not being staffed when customers need support (nights,...more
In a challenging economic environment you often you must work harder and longer to maintain your profitability. If you can become 10 more efficient through the diligent use of office software, that can help make up for the losses of a bad...more
Lost your Job? Experiencing a sudden or unexpected career change? Worried about your future? The emotional response to career change is similar to dealing with loss as characterized by Kubler-Ross.DenialThere are typically two stages of denial that...more
Sometimes our closest friends, family members, and even our spouse can be lobsters. Are you acquainted with any of these walking, talking crustaceans? You probably know lots of them, and you're in good company if you do. Almost everybody has at least...more
For a society as complex as the United States, categorization is very important. From the legal area to the political, from the medical area to the academic, every field has categories. The area of finance is no different. One aspect of finance that...more
In every business time is considered as gold. There are many company think of how they can save time because time is very important. Saving time is a ways of saving a lot of money too. This is true when it comes to their payroll department. Using a...more
Many contractors struggle with cash flow. Although this can be attributed to many factors, admitting you have a problem is the first step to recovery. Before you can take corrective action, however, you first need to understand where problems are...more