Day trading involves buying and selling shares on the same day. It is extremely difficult to do but if successful, the rewards can be substantial. The flipside is that it is also extremely risky which means that you could see your capital wiped out very quickly. It's easy to focus just on the potential profits to be made but most smart traders will tell you that day trading is all about risk management. The motto should be to plan for the worst...more
There are many bargains on the market and one way that bargains can be identified is to use the net tangible assets (NTA) value.Here I'll explain how you can use this measure to help you identify cheap assets listed on the sharemarket.Net tangible assetsNet tangible assets measure what the company's assets are worth. It takes all the assets of the company minus liabilities and then removes the things that are difficult to value such as goodwill,...more
Positive belief has a direct impact on everything we do in Telephone Sales. It will increase our motivation to achieve higher sales results and our drive to perform well on each telephone sales call. It will improve our skills and abilities with each potential customer they will HEAR that we believe in our products, our Company and ourselves. It will increase our sense of achievement and job satisfaction. Above all, it will increase the number of sales we achieve each day, each week and each month.Telephone Sales can be a tough game monotonous, boring even frightening! Whether it is incoming or outbound sales, we hearing negatives all day long Im not interested, You are too expensive, I like your competitor and worse!Pretty soon the negativity gets inside the Sales Person, and deeply embedded in the Sales Team. No-one will ever buy from us; these prospects never buy anything; our products / services are no good anyway; our prices are far too high; we are working for a rotten company and so on.When this happens, sales go down dramatically, and personnel start leaving. The low morale feels very powerful within the Team something that cant be changed....more
We now know that building Customer Loyalty is key to success in any organization.The philosophy was first articulated by Fredreich Reicheld who studied the relationship between three factors - customer satisfaction, customer loyalty and profits. (Bain & Company)He stated several facts that seem glaringly clear now, but until then, had not been...more
This special report was created at the urging of many of my clients and students. Apparently there is a myth that as a Realtor you must do everything yourself. Too often there are articles written touting the super strength of a Realtor who is being featured. He/she is bragging that the customer can always feel confident knowing that he/she is...more
In these changing political times, for those seeking secure locations for offshore protection of assets, Panama remains a top choice.In a letter to the OECD after the London G-20 meeting at which Panama arbitrarily, (along with Switzerland and a number of other respected offshore financial centers), was placed on a less than black list (the Grey List), President Martin Torrijos Minister of Commerce and Industry, made clear that his government would only go so far in exchanging tax information.She condemned the G-20 and the OECD for discriminatorily affecting the good name and competitiveness of the international [financial] services offered by the Republic of Panama and that are the backbone of our economy.The minister laid down these pre-conditions under which Panama would exchange tax information:1) The privacy of persons will continue to be protected and guaranteed against undue interference.2) There shall be no automatic exchange of information.3) There shall be no undue triangulation of information furnished among nations.4) Any exchange of information shall be done based on individual requests supported by a specific and justified principle or law.5) There shall...more
The SBA or Small Business Administration loan is a significant source of financing for small businesses. Typically, SBA loans are used to finance plant construction or expansion, to purchase equipment, and to provide working capital. Under the SBA...more
As the credit crunch has drastically effected the domestic removal industry, more and more local removal companies have branched out into the European removals market to keep their vehicles moving. Whilst they may be experts in moving you locally; do...more
The first quarter of 2009 saw difficult trading conditions for many businesses across the UK. The official Insolvency Service figures showed that in the first quarter of 2009, the number of companies being put into liquidation in England and Wales...more
According to the latest Insolvency Service figures for England and Wales published on 1st May 09, nearly 5000 companies went into liquidation in the first quarter of 2009. This figure is over 50% higher than the same quarter of 2008. Clearly the...more
Company Voluntary Arrangements were introduced into the law in 1986. A Company Voluntary Arrangement allows a limited company to settle its debts with creditors over a fixed period of time, normally 3-5 years. Once the arrangement is completed, the...more
If you do not want to continue running your business or you think it is in difficulty and cannot continue to trade, then you need to get good information about your possible options. One area which you will need to consider is company liquidation....more