If you're planning on buying a home after bankruptcy you'll want to read this article carefully.Buying a home is probably the biggest purchase you will ever make. Having a bankruptcy on your credit report adds an extra challenge.If you've read my book After Bankruptcy Credit Solutions, then know that many people who have had a bankruptcy apply for credit and loans the wrong way.Mistakes in this arena can cost you $10,000s in extra interest and...more
With increased mergers and acquisitions, changes in Phone Company billing systems, telecom costs are on the rise. Take a closer look at your telecommunication bills. There are many ways that your bills have hidden charges applied, not to mention telecom contracts that were signed without Management approval. It's time for Management & their Accounts Payable Department to be on the alert for errors, over-billings, and tariff violations.If more...more
1. A realistic, viable business idea that reflects extensive market research and includes a full analysis of the market and its relevant competition.2. Motivation, credibility, financial responsibility and investment from the owners and directors.3. A manageable amount of risk that is compensated for by a profitable return.4. A road map of goals, targets and milestones that will lead to profitability and the ability of the investors to profitably leave the company within a few years.5. A financial budget that reflects the capital requirements necessary to fuel the operation through the start-up stage, make a reasonable return to the investor and allow for investment in future enhancements and product changes. The financials should include a break-even position, feasibility analysis and realistic profit forecast.6. A comprehensive market analysis, reflecting the demographics of the market, the demand for the product or service, who your competitors are and how much of a threat they are to you. 7. A marketing strategy that will ensure that you penetrate the market quickly and position the company in a place where it can grow, capture market share and build your brand.8. A competitive...more
If you own a lawn or landscape company, you will eventually lose some customers. Most customers will not even tell you why they are letting you go. At many times this will come as a surprise to you.This can create a bad image of you and your company in the customer's eyes.And believe me, they have the potential to let many people know.In my...more
Many people who have filed bankruptcy in the past apply for credit the wrong way.They fill out a credit application and hope for the best. Best case, they probably end up paying a lot more in interest and finance charges - hundreds or even thousands of dollars more, depending on what they're buying.That said, in this article we are going to talk...more
Why the fractional vacation industry is boomingÂ…1.) Demographics - 78 million US Baby Boomers that will retire in the next 15 years (the largest population turned 50 in 2004-05, with 50th birthdays occurring every 7 seconds). The under told statistic is that there will be 103 million Empty Nesters in Europe by 2009 and Japan will have 32 million boomers by 2010, in a total population of only 127 million people. 213 million Boomers will compete for a uniquely similar lifestyle in retirement.2.) Boomers Like Debt - Unlike the previous generation, Boomers have proven that they are willing to pay, and borrow for the lifestyle they want. The boomer generation has innovated everything from disposable diapers to SUV's, they will innovate the idea of retirement homes. 3.) The Wealth Transfer - Not everyone is going to get rich. Boomers are estimated to get the biggest slice of the inheritance pie: $17.8 trillion. Distributed evenly, each of the 78 million US boomers get $228,205. But these inheritance dollars will not be distributed evenly. The 73.5% of the boomer cohort will likely join the wealthier classes. Within the next 15 years, 20.7 million boomers will become over $658,000...more
Real estate broker deals with all transactions of real estate business. A real estate agent finds sellers for buyers and buyers for the sellers of real estate. Real estate brokers provide every kind of help to sellers as well as buyers. Real estate...more
Business brokers or business transfer agents are helpful in selling your business at higher prices. A business broker provides buyers as well as sellers for different businesses. You can easily sell or buy a running business with the help of best...more
Home buying is one of the most important decisions an individual or a couple can make. It is quite possibly the largest purchase an individual or family will ever make, thus, it is important to approach the funding of the purchase with great caution....more
One of the questions we get asked a lot is, I know the limit that the IRS puts on my 401k contributions for the year is $14000 (for a person under 50) (2005) but is this the limit I can get from one employer or is it the total amount I can get from...more
Real estate training is essential for the people who want to become a successful real estate broker. It helps them to learn all about real estate business. Real estate business requires some time, some basic knowledge of the business and skill to...more
The transitional period of returning to work after a prolonged period of sickness absence can be daunting for the employee AND their line manager - especially where the ill health revolved around a 'stress at work' issue. Coming to terms with changes...more