In the 1990’s a children’s clothing business nearby to me in Vancouver BC suddenly collapsed. Revenues and profits had grown at a breakneck speed with a multi-location expansion project. But they did not take into account that expansion vacuums up a ton of immediate cash that can only be replaced by profits generated over time. […]
Archive | Debt Solutions
8 THINGS YOU NEED TO GET YOUR TOUGH PROJECT FUNDED
Build Your Business Business Turnaround Debt Solutions FinancingWhen an acquisition or refinance is turned down by lenders, it is too often because the borrower is not prepared. The following will help you to get your project funded even if the banks say NO! Ability to support the loan. You must have the ability to support the loan payments. This must come […]
What is profit engineering? How to create pre-determined profits.
Build Your Business Business Turnaround Coaching Debt Solutions UncategorizedWe believe that profit engineering is designing your company to produce a predictable, pre-determined profit. I owned a service company in Vancouver Canada that produced a 45% gross margin every month, steadily, for 13 years. So it can be done. And if you have predictable margins you stand a better chance of making a profit. […]
The Art of the Business Turnaround and Corporate Renewal
Coaching Debt Solutions Financing Pricing StrategiesWe would all like to own a business that just grows and grows whilst pours money into the bank account. What a dream that would be! But the truth is that many businesses go through periods of slow or reverse growth that tax the ability of the owner to keep going, draining resources, losing sales […]
11 ways to get your loan approved….FAST
Debt Solutions Financing UncategorizedIt does not matter whether you are borrowing money for a mortgage, for your business, or to buy a business, the borrowing process most frequently goes off the rails due to lack of preparation. Nothing gets a transaction shoved to the far corner of the desk faster than incomplete documentation. Here is the list of […]