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...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 clearly stated.Tom Peters, author of the seminal business bible In Search of Excellence, described great management ideas as " a blinding flash of the obvious" - because they're so right, so simple and so obvious.This is certainly true of Reichelds statements on Customer Loyalty. They are equally extremely POWERFUL. With them we have the key to success. Without them, we are left without a clear direction forward in competing within our marketplace. What Reicheld stated was Customer loyalty appears to be the only way to achieve sustainably superior profits.He used as an example the life assurance business stating that a 5 per cent increase in customer retention has the effect of lowering costs per policy by 18 per cent no small cost in any business.The Customer Loyalty GoalsThe more Customers we keep the more profits...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...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 Guaranty Loan Program, loans to entrepreneurs from private lenders, usually banks, are guaranteed for 80% of loans up to $100,000 and 75% for loans over $100,000. Working capital loans generally have maturities of five to seven years. Longer maturities are used to finance fixed assets, such as land and buildings. Lenders apply directly for SBA loans for their customers. Essentially, you are a customer of the bank, and the bank is a customer of the SBA. You will not deal directly with the SBA but will work through your lending officer.If the bank feels that you are a creditworthy customer and is willing to apply for the SBA loan, which greatly minimizes its risk, it will prepare a loan package to submit to the SBA. This loan package will contain the bank's credit analysis of your venture and the loan request.The SBA will perform an independent review of the loan package. It will determine whether the business is eligible under its...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
As the recession continues to bite, more and more businesses are finding it difficult to continue trading. However, very often these difficulties are not because customers have stopped buying completely. Rather, they are buying in reduced volumes and...more