It may sound crazy to say that among the largest franchisees in Europe, one is a pet food franchise. This franchise is ranked with more famous international franchises like McDonald’s and Burger King. The franchise in question is the Freesnapf franchise, which is a German franchise that sells pet food. Many people do not consider pets as business opportunities, but if we go with the success of Freesnapf, many will realize that there is an untapped business niche.

In 1990, a young German entrepreneur named Torsten Toeller saw a business breakthrough that many missed or simply ignored when he opened the first Freesnapf pet store in the German city of Krefeld. It is believed that the founder was inspired by pet stores in the United States, but gave them a European twist. Over time, what many would have considered a bad risk, was working wonders in Germany.

Torsten was clear about his goals and did his best to achieve them. His vision was to have Freesnapf in every country in Europe. Two years after opening the first store, Torsten came up with the Freesnapf franchise stores that were growing like mushrooms in Germany and it was clear that the German market would not be enough to consume all that Freesnapf had to offer. Just seven years after its conception, the franchise opened its first store outside of Germany and the sky was the limit. Today the franchise has 1,098 stores throughout Europe. 769 of these are in the home country of Germany. The other run outside of Germany was distributed in 11 European countries. The franchise opened 33 new stores outside of Germany in the first half of 2010 alone.

Due to expansion outside of Germany, Freesnapf adopted various names to fit the specific. The chain is now known by different names depending on the country. The franchise is widely known as Maxi Zoo in many countries. However, in the Netherlands it is called Jumper and in Belgium it is known as Zoomart, a name carved into the Maxi Zoo. The stores in Hungry still bear the German name, Feesnapf.

Freesnapf has a wide range of pet suppliers. It sells food for cats, dogs, mice and horses. Although this may vary by individual store, stores also sell frozen pet food and food mixes based on the needs of the shopper or veterinarian. Many of the stores also carry pet toys and accessories, such as chains, shoes, and cages. They also stock pet solutions and pet medications for sick pets. Other subsidiary services include grooming for pets, such as dogs, cats, and horses, and veterinary surgeries. The chain has become a household name for pet owners and definitely a one stop shop for pet shopping. Now, many people refer to Freesnapf as a very successful company, something that is distinctively flourishing.

When looking to start any business, it’s important, particularly considering today’s market, that you look for specific ways to reduce, minimize, or reduce overhead and risk. Any business is going to have risks, but it is important to have a full understanding of the amount of investment, the initial cost and the “ROI” (Return on Investment).

Most people are not aware that 80% of ALL franchise efforts fail within the first two to five years, leaving huge debts in the offing for years to come.

One way and in my opinion the best way to reduce your overhead, start-up and investment costs is to take advantage of the new age of entrepreneurship and start a business from the comfort of your home. Opportunities have arisen in the online market that are creating millionaires every day. Learn more about the exciting opportunities associated with a profitable business model by visiting: http://whatsbetterthanafranchise.com.

Policies and Procedures (P&P) are legal contracts that people must sign when they join a network marketing company.

The problem is that most people don’t read them or don’t understand them. (Some companies’ P&Ps can be 30 pages or more, and that’s pretty boring legal jargon.)

Policies and Procedures, Terms of Service, Consultant Agreement, and Independent Sales Representative Contracts are some of the names that MLM companies call the binding contracts that they require you to sign when you join their company.

Does this look familiar to you?
“I have read, understand and agree to the Terms of Agreement, Policies and Procedures and Compensation Plan.”

How many people read the entire contract to the end?
Probably not too many.

If you hired a lawyer to read it first and explain it to you in layman’s terms, you would have a clear idea of ​​whether or not you wanted to sign that contract. But who is going to go to that kind of trouble and expense. And besides, you’re saying right now, “My amazing network marketing company would never trick me out of my business! It’s a totally honest company!”

They want you to think that signing the P&P is just a simple formality. Think again.

Here is a little story.

Joe and his wife Mary joined a large network marketing company. Things were going great for Joe and Mary. In just a few short years, they were able to quit their day jobs and build their home business full time. They were so happy to be living a life they had always dreamed of.

Then one day all the happiness and success stopped.

Joe and Mary received a letter in the mail from their network marketing company. When they read the letter, they tried to understand the devastating news: Joe and Mary were told by the company that their affiliation with the company had ended. No reason, no apologies, just terminated.

Joe and Mary were very upset, of course. They spent years building a great organization of honest, hard-working people. They helped the company train people and gave seminars. They gave everything they had to this company.

They took all of their documents to a lawyer to find out what they could legally do to prevent the company from firing them.

The attorney sat down to read the company Policies and Procedures that Joe and Mary had signed when they joined the company. After reading the document, the attorney took out a red marker and marked something on the paper and handed it to Joe and Mary.

Joe and Mary looked at it and read:

AGREEMENT TERMINABLE AT WILL
You can end your relationship with [company] at any time by providing signed written notice to [company]. [Company] You may also terminate the relationship with you (including partnerships, corporations, or other entities) at any time by giving you written notice. you or [company] are not required to have any reason, neither you nor [company] have to allege or prove any cause to terminate this relationship. In the event that the relationship is terminated, you will not have the right to claim against [company] nor any right to claim or collect lost profits, lost opportunities or any other damages. Termination will result in the loss of all benefits as [company] Independent consultor.

There was nothing they could do about it. The loyalty and dedication they had shown to the company had not been reciprocated.

Please, if you are thinking of joining a network marketing company, read the Policies and Procedures, do not become another victim of heartless companies. You deserve more than that.

Follow up quickly with the employer by learning how to write an email thank you letter for an interview. Typically, only about 5% of job seekers send thank you letters. Be one of the few and get a second interview or get the job.

The key to success is to send a note the same day or no later than the next. This way you can get your name in front of the employer as quickly as possible.

Professional experts and employers disagree on whether or not sending a thank you letter via email is the proper protocol. Technology has changed the job search market with today’s online job boards, email, and web resumes. Let the company culture guide you when you make the decision to send an email thank you letter. Your best bet is to send an email and then follow up with a formal letter through the mail.

Follow the tips below and keep your thank you note short:

• Be sure to check your spelling, grammar, and punctuation.
• Thank the interviewer for their time.
• Tailor the letter to the company and the relationship you established with the interviewer.
• If you forgot something important during the interview, mention it in your email.
• Reinforce important information provided during the interview.
• Indicate your interest in the job offered to you.

Quick and to the point, this is how you write an email thank you letter. This sample can serve as a template when writing your email thank you note:

Dear Mr. Jones,

Thank you for the opportunity to interview for the Loan Officer position at Bloomington National Bank. I believe my education and experience are a good fit for your organization. I look forward to helping your bank expand its market share and achieve its goals as it expands into the commercial mortgage field.

If I can provide you with any additional information, please let me know.

I look forward to working with you soon!

To be honest,

james lychner

(123) 456-7890

Email address

Follow up with your thank you note ASAP and put yourself ahead of the competition in the job search race.

Students fear failure. It’s not just a failing grade that many students fear; it may be the fear of not receiving a perfect score each week on all required learning activities. I have worked with many PhD students who earn less than 100 points for their discussion posts in a previous week and believe they have failed. All they can focus on is losing points, even if it’s only six or eight points. The same applies to written assignments. A less than perfect grade in some way indicates failure because they “worked really hard,” “put a lot of effort into the assignment,” and “should get all the points.” Some students may believe that I have somehow been overly critical or picky with my comments, when they did not meet their expectations.

I try to change the narrative from a loss of points to a focus on what was achieved and pivot to what still needs to be completed. When possible, I have a conversation like this over the phone to convey empathy for my students online, and more importantly, to use this as a teachable moment and discuss the feedback provided. I understand the importance of a grade and what it means to feel that you have fallen short in some way, as I was also an online student and held myself to a very high standard, and pushed myself to produce what I thought was at that moment. I work above average. However, I also knew that in the end I was going to receive a degree and what I learned was the most important thing. For me, I tied my hard work directly to what I was accomplishing and then grades followed.

However, there have been times for me as a former student, as well as for my students now, when a less than perfect score is necessary. I tell my students that it would be very easy for me to recognize their effort, give them all perfect scores, and move them on to the next course. But then I would really be failing them as they would not be getting genuine or authentic feedback from me. They would never understand where there are areas of development to do, even if a six point loss is minor, simply because I didn’t want to take the time to go through their documents in depth or listen to the sound of their disappointment. after receiving your feedback.

What I have learned over time and practice is that students need to fail in order to learn and continue to grow. This failure can be anything from the perception of missing the mark or receiving a less than perfect score, to failing a class. When a student fails a course, it usually means that there is too much in her life to manage the required workload, or any number of other life-related possibilities. Regardless of the reason, a hard reset often helps prioritize activities and reset the reason you got your title. When students fail due to lack of motivation, despite an instructor’s best efforts to keep them engaged, they must determine if they are right for this environment and if they can re-engage once again.

Every time students fail, whether it’s due to losing points, unmet expectations, or the inability to complete a course, it provides them with an opportunity to learn more about themselves, provided they are willing to look beyond the letter grade and Develop a growth and development mindset. There are strategies an instructor can implement to help encourage their students to develop this type of failure set-up and be better prepared for the next attempt.

Teaching personal responsibility

I believe that accountability is an important aspect of teaching, no matter what setting you are teaching in. However, therein also lies the challenge because one of the basic tenets of andragogy or adult learning is the idea that adult learners are self-directed and want to be personally involved in their own learning. It would seem that students are responsible enough to sign up for their classes and understand the basic premise of what taking a class should entail.

However, why is it so difficult for instructors to get all students to accept that they are responsible for their own results? Why do some students choose to blame everyone but themselves for their achieved results? Those are questions that may never be fully answered. I can’t answer them from the perspective of teaching students online after 15 years and it may have to do with internal factors that are beyond the scope of anything I or any instructor can control. That does not depend on me to evaluate, since I can only evaluate what I observe inside the classroom.

What I do know is that I can hold students to a fair standard or expectation of how they will perform in class, and the higher the standard I hold, the more I expect of myself in return. In other words, if I expect my students to achieve the highest possible level of writing on the scoring guide, then I need to make sure that I provide instructional guidance, substantive feedback, and availability for students to talk with me about their feedback. and progress in class. Accountability begins when I set clear and fair expectations with students, and continues when I support them with each new attempt.

Strategies to foster growth and development

When I see students struggling or failing to reach their full potential, I am very aware that they have a perception that they have probably done enough to complete the task and expect to “get ahead” or “win the most.” points” for the effort put in. It seems that there are already few students who can easily accept a score below 100% without personally believing that they have failed in some way. Since I am aware of this mentality in advance, there are strategies I have been using to encourage and nurture a different mindset, one of growth and development.These are strategies that you can also use in your teaching practice.

Strategy: Academic Preparation

The topic of academic unpreparedness is something my colleagues and I discuss quite often, and I’m sure it may be an issue you’ve also addressed, especially if you’re an online educator. When students start an online program, they will have a huge gap between them in what skills they already have or need help with, regardless of what academic experience they may have.

From time management to writing and productivity skills, all students will need help in some area, and some may need ongoing support throughout their entire program of study. The art of academic writing can be difficult to master, especially something like APA formatting. What an instructor can do is help address some issues and refer students to the right resources. It is about encouraging students to make mistakes until they learn the correct methods.

Strategy: Management of results, not of expectations

As a PhD student, I remember receiving scores below 100% and how I felt, because I tended to be a perfectionist who set high standards for myself. However, my approach with my instructors was not to tell them that I was outraged that I had lost some points or that they had been unfair, I sought answers. He wanted to know how he could improve next time and the areas where he could improve. For my students today, I find myself facing expectations first, rather than questions about results.

The expectation is to receive perfect scores, which I did not address. What I am talking about is the loss of some points and how this is an indicator of something more to learn. I then spend time reviewing the document and/or discussion posts in detail, along with the provided scoring guide and comments. In other words, I manage the results. Once I am able to have a conversation with my students about the areas in which they excelled (the most points earned) and the areas of development (the few points lost), they often have a different view.

Strategy: Encourage students to try harder, even if they may fail

My last degree was awarded almost 10 years ago to date and the classes I remember the most were the ones where I received feedback that pushed me and challenged me to do better. I felt that I could try my best and test my ideas, thoughts and transform my work to the point where I could almost fail if necessary. That’s how supported I felt. Actually, he knew that he probably wouldn’t fail; however, it was such a safe and supportive environment that I felt I could try new ideas and approaches to projects. I was so motivated by those instructors, I wanted to teach at that school and now 10 years later here I am teaching at the same school.

Now, with my students, I want them to do their best too. They may not have the best writing skills, and yet I don’t want them to think that this should be a reason not to try to write an article or post a discussion reply. When I post your feedback video, I’ll let you know how I can understand what you’re putting across, as far as the overall message, and then after discussing the strengths of your work, I’ll address what you can continue. work in. If I can continue to support them, they will make another attempt, even if there is a possibility of failure. Even if a student completely fails the task, I always assure them that this is not the end of the game or the end point in time. They always have something more to learn and they can use this to create a much better next piece of writing.

Why students must fail to succeed

Consider a student who is enrolled in a class and receives a “good job” and a score of 100% on each written assignment and discussion requirement. What has this student learned? If the student learned anything, it was from her own studies and discussions. But from his involvement with the instructor, it was minimal. Now consider a different scenario where an instructor provides extensive feedback and scores vary from 88% to 100% over the term, and the student believes that many failures have occurred. What has this student learned? This student has been presented with a much greater opportunity to learn because outcomes, which are indicators of the need for continued development, have not been achieved. Will this student recognize the need for development? Only if the instructor has fostered a mindset and disposition that is open to continued growth. Every student needs this way of “failing” in order to succeed. It’s not about not meeting expectations or failing a class overall, it’s about receiving accurate and supportive feedback and learning where development is needed.

Does this help change the way you view your students’ failure? Are you providing substantive feedback and support to your students? When you can have a conversation with your students about results, rather than expectations, you can also transform their attitude about grades and feedback, and perhaps then you can teach them more about personal responsibility.

Business loyalty. Do I stay, stay or should I try a new business? Can you imagine how many times you would lose business when the next opportunity rolls out the red carpet to build relationships? Lost business is hard to reconnect, especially when you realize that the only way to reconnect is by creating a better package that might not be the smartest investment for the consumer.

Winning business in your own backyard is just the beginning of learning how to relate to others. Simply put, you have to sell yourself to everyone. From a new client, to an old client or even a neighbor. I’m sure your eyebrows went up when you read about a previous client, but the truth is that you have to stay in front of your previous client to keep their business or ask them to come back to your business. Especially if you have changed companies and want to look for them as your new client.

I recently ran into a previous business relationship at a networking meeting. We had lost touch for the last few years and as soon as we met again and almost immediately I thought about reconnecting my business with her because there was a customer loyalty that developed many years ago. But as soon as that thought came to mind, I changed my mind just as quickly. Why? Within seconds of reconnecting, I was asked to change my current relationship to a new relationship with the assumption that I wanted to change and a career to criticize his former employer with the recent merger. Fortunately, I have loyalty to the original relationship that was established years ago and the only dissatisfaction I have is the mergers that have taken place in recent years, however, each merger has been smooth and consistent, the inconvenience of the change being the only challenge. . Then the question was never asked, it was just assumed that I would like to change.

Reconnecting with an old customer doesn’t mean you immediately focus on rebuilding the business relationship. There needs to be a system in place to find out if they are candidates for your new business connection.

Some simple suggestions that offer the invitation to re-engage with a former client.

– In the first 30 seconds of reconnection, don’t ask your old client to switch arms and legs.

– Learn about them again and what is going on in their life.

– Find out about their business and what they are doing, how they are growing and learn what their needs are.

– Ask questions, show interest and this keeps you in control of the conversation.

– Invest in the relationship and ask how you can meet your needs in something else, not what you have already established in the past.

– If you do not know what the needs are, you will not connect and not connecting means that there is no possibility of change.

All this to remind you that business starts in your own backyard. New jobs come up frequently, sometimes unexpectedly, but losing a former client’s site can be dangerous for your new business. The expectation that they jump straight to you as a customer should not be an expectation, but recognized as commendable.

For the customer who makes the verbal link to reconnect, think before you jump to the aid of a former business partner. Ideally, wanting to help and participate may be in your best interest, but you’ll always be bouncing from one relationship to another and missing out on key components to creating long-term, loyal relationships.

People often throw around the word “personal development” without bothering to explain what it is. Personal development is the process of self-care to create a better personality and greater purpose in life.

It is a general term for several specific courses that help people reach a state of self-realization. Here are 7 types of personal development training courses that can significantly impact your life:

Advanced communication skill

Good communication is a top skill priority. It not only polishes professional life, but also benefits personal life in many ways.

The learning outcomes of taking this course are:

• Building a relationship on communication quickly.
• Learn to be assertive without being aggressive.
• Develop personal presence and impact.
• Employ advanced communication skills techniques in regular conversations.

Decision making

Decision making is a critical tool for any aspiring business leader. When you’re in a position of importance, a split-second decision can have tremendous consequences. Gaining the ability to make quick decisions that work in the decision maker’s favor can go a long way toward achieving goals and objectives.

The learning outcomes of taking this course are:

• Understand conscious, intuitive and even unconscious decision making.
• Recognize the ability to make informed decisions.
• Ability to generate alternative solutions to problems.
• Understand and control the role of emotion in making a decision.

interpersonal skill

In today’s goal-oriented world, people often forget to give importance to the other person’s feelings and perspective. Interpersonal skills can generate empathy in a person and allow him to interact with the other person by measuring it from his emotional point of view.

The learning outcomes of taking this course are:

• Preparation of a report based on the level of empathy.
• Acquire skills to form one-on-one relationships.
• Understand how values ​​and ethics drive corporate social responsibility.

creative thinking

Creativity is a skill that tends to go into hibernation mode under the stigma of daily stress and strain. However, creative thinking, when harnessed properly, can open up a pool of resources. Creativity allows a person to make decisions that are out of the ordinary and take advantage of their innovative capacity.

The learning outcomes of taking this course are:

• Propose creative solutions to problems.
• Show an understanding of the potential of an idea.
• Learn to see an innovative idea through to successful completion.

self expression

Self-expression is the ability to select and regulate emotions to enhance a person’s authentic leadership styles. The purpose is to express yourself ‘clearly’ and ‘effectively’.

The learning outcomes of taking this course are:

• Identify the emotions that arise from change and design ways to deal with them effectively.
• Understand how emotions drive behavior.
• Apply communication skills with emotional independence.

teamwork

Being able to build a team is one of the most important facets of being in a leadership role. A leader’s job is not just to further their individual goals but to further the collective goals of the organization. To do that, one needs to be able to foster the right spirit within the group.

The learning outcomes of this course are:

• Point out the strengths and weaknesses of the team.
• Ability to work on team weaknesses.
• Develop strong and well-defined team roles.
• Demonstrate a better level of communication with team members.
• Create an overall cohesive team strategy.

Problem resolution

Problems are an integral part of professional and personal life. The ability to quickly and accurately identify solutions to a problem is an important quality for a team leader, team member, or even an everyday person going about their day.

The learning outcomes of this course are:

• Propose quick and creative solutions to problems.
• Understand various models of problem solving.
• The ability to collect quality information and provide alternative solutions.
• Challenge existing patterns and models with original input and ideas.

These are some of the most popular and constructive personal development courses that can help people in their work and personal lives.

Let’s face it, many of the good franchise money-making opportunities were taken a long time ago. But do you still want a franchise? What and where do you look? In my opinion, what’s new, what’s hot, what’s the latest and greatest. Is it a fad, does it have growth potential, who is behind it?

First you need to find what interests you. Remember that you will spend more time running your own business than at home. So it had better be something you like and be affordable. Do not risk the fortune of your life, your home, your family for a franchise. Don’t roll the dice and risk everything. Make sure you leave yourself in a back position.

Once you select a franchise, do your homework. Start with franchisees who have stores for sale. This is done for two reasons: First, you can get a better deal buying an existing store than a new one. Also, you want to know why they are dating. The number one reason is that they are generally not making it. They will tell you all the problems with the franchise, some true, some not. The more franchisees you talk to who are selling, the better questions you will develop if you decide to approach this franchise for a new location.

When you’re done with your data-gathering quest, focus on the main people running this franchise. How long have the CEO, President, and COO been with this company? Has there been a constant rotation at the top? If so, it is not a good sign. Has the company moved several times to different states? Usually a sign of problems with that status, it’s not good either.

Support is a huge and important topic. What type of training will you need and for how long? Do you also get help when you open the store? Do they have a good marketing system and funnel enough money to market the concept? Strong support or the lack of it tells you a lot about a company.

Is the growth of new stores a constant 10% or does it not exist? Every good concept must have some part of positive growth. If everyone is selling their stores, that’s not a good sign either.

What about the fees? How much do these people get paid, is it high or is it low? What is your purchase and does it make sense? These are just a few ideas of what to look for in your search for a franchise. As you can see, don’t make an uninformed decision. Do your homework and go into this with a good knowledge base. good luck

Growth hacking has been around for some time. Different multinationals have coined their own definition of growth hacking, however, in simplified terms we understand growth hacking as SEO.

People who have used SEO to improve their website’s ranking in the Google search engine are already exposed to various growth hacking techniques.

Now let’s understand what is Growth Hacker?

To understand the profile of the growth hacker it is important to understand their job role. The profile is a combination of digital marketing and software programming and coding. He primarily focuses on generating website traffic and devises a strategy to increase business sales.

For example, they test landing pages, email deliverability, viral factor, and open graph, etc. They do a lot of analysis by studying business verticals in detail in management information system reports.

The growth hacker primarily focuses on the rapid spread of business-related information on a large scale, reaching millions of people on the Internet. This allows them to promote business services and products in a wide spectrum that reaches the large number of potential customers.

Given the fact that success in promoting the business is that more specialized services are used compared to conventional digital marketers.

Let’s understand how it benefits the business.

Growth Hacking makes the business accelerate at a fast pace.

A growth hacker is an experienced and specialized digital marketer with a unique set of skills that help them focus on a different set of challenges that are more critical compared to the challenges faced by the digital marketer. For startup business growth, digital marketing is an important task.

However, when the business is on the move, it faces the challenges of rapid growth. This is when such experts come into use for the detailed inspection of the online business and the issues that can be resolved with ease.

Growth hacking services are also helpful for people when their business is seeing the market trend change. Because of this, business owners are looking for streamlined ways for constant business growth or diversification.

Think of these services as an elevator that transports the passenger to the upper level. Similarly, the use of growth hackers ensures that the business grows by getting rid of critical challenges.

Growth Hacking Emphasis on Strengths for Quick and Big Business Launch.

Growth hackers target the customer base that is relevant to business growth and has high purchasing power. Compared to them, digital marketers focus on the large group of consumers on the web in the hope of generating leads and sales from them, while the response is generally not certain.

A famous example is LinkedIn, a professional networking website that has targeted working professionals and created a specialized networking platform. They could have been another famous social networking website. Instead, they chose to progress as a networking platform for working professionals and the corporate sector.

Focusing in this way helps growth hackers create a platform in a niche segment of an online business that needs to do well.

Now that we have understood how growth hacking can benefit growing businesses.

It is important to understand, how to become a growth hacker to boost your startup growth?

• Learn Programming: Growth hackers must have good knowledge and experience in computer languages ​​like C, C++, Java, PHP, Cake and Python, etc. Learning programming is essential because it plays an important role in creating, developing, and testing web applications, mobile phone and tablet applications, and various other tasks. Not everyone excels at programming, it takes dedication and an analytical mind to learn the same.
• learn analytics: Analytics is an essential part of growth hacking. Growth hackers are required to think analytically to ensure they have information available in a structured way. It is important to think and act analytically because the solutions to business challenges are long-term and concrete.
• Learn Digital Marketing: Digital marketing is an essential tool to promote the website on the Internet. The business becomes popular with its target audience when it is promoted online with its products and services. Digital marketing promotes the business on different platforms such as social media, e-commerce, and famous blog sites, etc.

Growth hackers benefit from this skill set because they know how to market the business and its services to the saturated target audience to increase the customer base that is vital to business growth.

If you’re looking for a career in growth hacking, make sure you’re prepared to invest time in long-term practice, work experience, and experimentation. Also, focus on solving business challenges before an effective solution for business growth is presented.

Business cash flow financing for many companies in the SME sector involves the need to convert accounts receivable into liquidity for the business. In fact, we’re talking about “cash bill,” that’s the type of financing that customers here at 7 Park Avenue Financial receive. Looking for ie Cash Flow Loan That term is synonymous with cash flow challenges that plague many businesses all the time. So how does using an AR finance company help meet that challenge?

Sooner rather than later is the need for business owners who want cash flow to support their business requirements. In many cases, certain industries require much more cash for companies participating in the sector. That could mean a greater focus on capital assets or even research into new products and services.

However, what happens when you can’t get the credit financing you need from traditional banks/business-oriented credit unions, etc.? That’s where an AR Finance company comes in.

Your ability to quickly and efficiently set up an accounts receivable discount service allows you to immediately eliminate the hassle of waiting 30, 60 or even 90 days to receive customer funds for your goods and services.

To receive full financing for your accounts receivable from a Canadian chartered bank, there is of course an extensive business and loan application, with much emphasis on historical cash flow analysis, balance sheet analysis, income statement and operating indices, etc.! Bill collection services eliminate 90-95% of that type of waiting and negotiating.

So why does ‘factoring’ work, the more technical name for cash invoicing and in fact showing more popularity every day when it comes to ‘cash lending’ solutions? The answer is simple, an immediate flow of funds based on your sales revenue. That becomes the biggest part of the solution to what professionals call your ‘working capital cycle.’ That cycle, simply speaking, is the amount of time it takes for a dollar to travel through your company and return to the balance sheet as cash.

When you finance through a bill collection, also called a bill discounting service, you’re not borrowing funds for the long term. Your balance does not accumulate debt; you are simply liquidating current assets in a more efficient manner.

Is there any type of facility in the ‘cash bill’ area that works better than others? We’re glad you asked! We consistently recommend Confidential Accounts Receivable Financing, it’s the ‘no notification’ part of this solution, allowing you to bill and collect your own accounts, deposit your own funds and choose the amount of financing you need on an ongoing basis. It’s classic “pay as you go” financing when you work with the right partner.

What is a cash flow loan? What are my company’s financing cash flow options?

A/R Finance is not always the ‘only’ way to finance cash flow needs. Other strategies may include:

short term loans for working capital

Sale-lease strategies

inventory financing

Tax credit financing (sr&ed rebates are financeable)

Mezzanine Financing – (Cash Flow Unsecured Loans)

Longer-term solutions, of course, involve scenarios like new actions.

To receive full financing for your accounts receivable from a Canadian chartered bank, there is of course an extensive business and loan application, with much emphasis on historical cash flow analysis, balance sheet analysis, income statement and operating indices, etc.! Bill collection services eliminate 90-95% of that type of waiting and negotiating.

Long-term financing activities, of course, may involve scenarios such as further action by owners.

So let’s recap: your business requires additional cash flow. Either it has facilities and they don’t work, or it is self-financing and needs cash flow to pay suppliers, employees, etc. Find and speak with a trusted, credible and experienced Canadian trade finance expert who can meet cash invoices for your business needs.

Small business owners with bad credit find almost every door to financing slammed in their faces. No one wants a bad business risk. He is vulnerable and the vultures take advantage of him by offering him cash but on Shylockian terms. A trader who finds himself in this unenviable position must be patient and refrain from making rash decisions that he will regret at a later date.

never be in a hurry

Because the situation is so bad, the business owner with bad credit may be tempted to go with the first lender they come across without knowing that there are options. With patience and a bit of searching online, one can easily find a lender with the right approach to helping people with bad credit.

Do not agree to pay the application fee or processing fees in advance

Just because one is in a bad position due to bad credit does not mean one should pay exorbitant processing fees and application charges when applying for small business loans with bad credit. Look online and it is possible to find a lender that will not charge such fees.

I do not agree to set up a new merchant account

If a business owner already has an existing account, there is no point in agreeing to the lender’s terms that the borrower must open a new merchant account. Lender must be willing to offer financing and work with existing card account. The creation of a new account implies the payment of fees and charges to the service provider, an additional charge that the borrower can do without.

Do not agree to install new card processing terminals

If a small business owner already has card processing terminals, there is no reason to agree to the lender’s terms of the borrower purchasing, leasing, or renting additional card processing terminals. If such terminals are required, the lender should be able to provide them at no additional cost to the loan process.

You do not agree to provide warranty

There is no reason for a borrower to agree to provide collateral when applying for bad credit small business loans. As it is, the borrower has to pay a higher interest rate than usual. One can find a lender capable of offering small business loans without asking for any personal guarantee or property mortgage or collateral.

Disagree with a high factor rate

Lenders can take advantage of situations and ask for a high factor rate of 1.5. What this means is that you pay 1.5 times the amount borrowed or a whopping 50% interest rate. One should select a lender that offers a rate of around 1.2 to 1.3, which is fair given the situation.

Making the right decision in selecting a loan provider is absolutely imperative for people with bad credit if they want to get out of their situation. A wrong decision could make things worse. Finding a lender who also provides advice and the loan is like finding a lifeline.