When I was a branch manager, there were always certain traits and skills I looked for before deciding to hire someone. After years of experience, and learning things the hard way, I know what it takes to be successful. Not everyone is cut out to be a loan officer. The mortgage business is like no other, and it takes a certain type of person to be successful in this industry. Here are some of the top traits and skills I believe every loan...more
What sets one loan officer apart from another? And how do some people become "top producers" in their office, while others slowly squeak by? Surely, we all have the same amount of time, resources, and intelligence (debatable?!) available to us. So why do some loan officers fail, while others succeed? Here are some points to remember which will help ensure your successÂ…Take control. Stay on top of things and be sure monitor your loans as...more
Converting accounts receivable into cash is a critical process in the development of a healthy cash flow. While booking a receivable is accomplished by a simple accounting transaction, the process of maintaining and collecting payments from your customers requires a steadfast commitment to a systematic process of Accounts Receivable Management. To more effectively convert accounts receivable into cash it's essential that the credit and collection process be highly efficient in order for you to shorten the accounts receivable cycle time. The accounts receivable cycle starts with a sale (credit sales) which in turn creates a receivable (monies due your company), and then, ultimately converts into cash. The length of time that it takes your company to complete this cycle, from sale to accounts receivable to cash, is the collection period. The shorter the collection period, the less time cash (capital) is tied up in the business process, and thus the better for your company's cash flow.Try to limit outstanding accounts receivable to no more than 10 to 15 days beyond your credit terms. If your credit terms are net 30 days, then the collection period should not extend beyond 45...more
To survive - to hang in there - to keep your head while all around you others are losing theirs - to stay in play - is a critical skill of leaders. Let's face it - even the most astute, successful person will suffer setbacks, and surviving and overcoming those setbacks is the true measure of a leader.To some, survival sounds like a skill for a...more
Many supervisors, managers and team leaders bemoan the fact that their team is not totally engaged with what he or she is trying to achieve. Is it poor communication on the boss's part? Lack of direction? Lack or little motivation from the team members?A recent survey by the Corporate Leadership Council reported that from a study of 50,000...more
Author: Esa Jemis Are you in the market to purchase satellite TV for your PC? Whether you have just heard about this great service that many people are becoming attached to and leaving there present cable service I have listed some valuable tips on buying satellite TV for PC service that will literally save you tons of money. We all love to save money; especially with the growing prices of everything like gas, food, telephone and of course you guessed it monthly television services. This article will provide you with some tips on buying satellite TV for PC services that you will find amazing and can save money almost instantly. Click for Start enjoying your favourite TV directly on your PC Tip One: Go with a reputable company. Yes there are many services that will provide you with 1,000 - 4,000 channels; however not all of them are going to be the same. Some are going to provide better customer service than others will. Stick with the ones that provide live customer service and will have someone you can talk to live. There is nothing more frustrating than attempting to speak to speak to someone and then having to talk to an automated system. If the satellite TV for PC service you...more
I hate to say it but simply paying your bills on time is not good enough anymore. It used to be that all you had to do to have good credit was make sure you paid all your bills on time. Today, this is so far from the truth it isn't funny.Now days,...more
The vast red and blue oceans of the marketing world tsunamied into our awareness and vocabulary a few years ago, when two INSEAD professors, W.Chan Kim and Rene Mauborgne, claimed that competition can be rendered irrelevant.Their book, Blue Ocean...more
At any given point you can find groups of economists, known as bears, predicting doom and gloom and herds of others, called bulls, pointing to stock market highs as an indication of brighter days ahead. With oil prices predicted to hit $110/barrel by...more
(c) Gerald Romine - All Rights reserved - www.kickassrealestate.com Today I am going to respond to anl email I received because I know many people are in a similar position. Although the email is real, I've changed the author's name to protect their...more
(c) Gerald Romine - All Rights reserved - http://www.kickassrealestate.com A frequent question I am asked is:"How do I find deals in a hot real estate market?"Actually, there are several ways to find real estate deals in a hot market. The answer...more
Opening your first private practice and being your own boss is cause for both excitement and knee-knocking jitters. You're doing something, frankly, that you know nothing about. You are filled with hope and a desire to succeed. But you know the...more