The majority of people who try to sell their home this year will look to do so with a real estate agent, paying the big fees associated with that service to get their home on the market. Statistics show that roughly four out of every five people will choose to sell their home this way, but there is another option out there.In reality, if you know what you are doing you can save a lot of money by selling your property privately. To put it quite...more
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 currently experiencing a time of economic prosperity. If you are in a recession, there are steps you can take to keep it from impacting you too much.The most dangerous thing that happens in a recession is job loss. As the economy slows down, people slow down their spending, and businesses suffer. This forces them to lay off workers, and those workers are the ones that suffer the most during a recession. The best way to protect yourself from this possibility is to lay up some cash reserves. Economists recommend having three to six months worth of living expenses saved. This takes time, but you need to start working towards this goal in your financial planning. Another danger of a recession is price increases. As companies try to make up for...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...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 affects the ability for any company to obtain financing. So how do we proceed?Mind SetThe first thing is for you to get into a different "Mind Set" by this I mean that you have to understand that you are not the only individual in need of funding. You have to realize that lending institutions are being inundated with cash starved businesses that ALL need funding now, or they will be out of business. When you understand and accept the fact that you are just a number to the underwriters, you will begin to get yourself into the right mind set and will be better poised to present your case.Preparation of the "Financial Crisis Funding Request" Basic and expected financial documents and reports that typically acompany a business loan applicationBasic Information Financial Statement Cash Flow Receivables Payables Projected Receivables...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...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