Pool noodles. You know those coloured foam round sticks that children play with in swimming pools? Two summers ago, I saw a gas station selling them in a rural area displaying a sign proclaiming their price. The sign said “Cheaper than Canadian Tire in Town”. Why, I thought would you advertise like that when you […]
Archive | Financing
CAN YOU SAVE A COMPANY ON THE ROCKS BY INJECTING MORE MONEY?
Build Your Business Business Turnaround Debt Solutions Financing ProfitabilityIn 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. […]
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 […]
NOW IS THE TIME
Build Your Business Coaching FinancingAccording to a 2013 TD report, a huge percentage of their business clients had no exit strategy. Some 50% of the baby boomers, who had built their business, were simply going to lock the doors and go home, when retirement day arrived. They are on the Freedom 85 plan. Since that time, some companies have […]
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 […]
2 Secrets to Selling Success
Build Your Business Business Turnaround Financing60×60 rule: Upsell a product that costs 60% less Your customer has said that they will buy your product or service. The sales trainers will tell you that now is the time to shut up and get out the pen or credit card machine. Too many sales people talk their way into, through and […]