Business

by Michigan Municipal League (MML)

Article by Graham Filmer

If you cannot afford to buy a good quality, reliable car then you could end up spending more money in the long run on repair bills and servicing. It will be much more cost effective and less hassle for you to spend a bit more money and get a solid car that will not need a lot of work. Car finance can provide you with a way to afford a good quality car. You may also have always wanted a luxury car with leather seats, air conditioning and all the extras but have never been able to afford it before. Car finance can also provide you with the chance to buy the car you have always wanted.Car Finance OptionsThere are a number of options available for car finance. It is a good idea to spend some time doing research on financing options to get the best deal you can. With the recent credit crunch personal loans from banks have soared in interest costs, but some dealers are still offering some competitive financing options. The Internet is also a good source for car financing options and because there are less administration costs for processing finance products online you can get some good deals over the Internet. This is also a very easy way to sort your finances out as you can go online 24/7 to apply for a car finance deal.Choosing the Right DealBefore you choose a car finance deal you will need to work out exactly how much money you need and can afford to pay back. Review your outgoings and judge how much you can allow to paying off any financing deals. This will help you to work out how much money you can afford to borrow towards your new car. Now you have an approximate figure in place look around for a few suitable cars in your price range. Don’t go out and look at cars until you know exactly what you can afford. This could lead to an impulsive purchase if you see the car of your dreams and you could end up taking out a finance deal that you could struggle to repay.You will pay less interest on a short term finance deal but the monthly repayments will be higher. If your income is already stretched a long term finance deal could be a more suitable option, as although you will pay more overall the monthly repayments will be lower.Dealer FinanceSome car manufacturers offer competitive finance deals on new cars to boost sales. This can be a good option if you want a new car as these deals often come with additional extras such as two to three year warranties and low annual percentage rates (APR).

About the Author

You can finance a car in a number of different ways. This can help you to afford a solid, reliable car or invest in the new car you have always wanted.

by jazzylolo

Article by Dorthy

Commerce can be compared to a race track where lightning-quick cars come flashing before your eyes. It is a place where the slow and the weak perish. Every business owner must know when and where to sell a particular business. A business undertaking sold while it’s at the peak of popularity is like overflowing honey to a beehive.

“When can I sell my business?” “Where can I find the best place to give people an idea that I’m selling my business?” These are some of the questions that business owners always ask. There is a big chance that you’ll miss a great opportunity to sell your business.

Start gaining money by simply registering to Bizilla.com. Bizilla.com will provide a venue where you can sell your business in no time. You simply have to fill out several forms and Bizilla.com will do all the hard work for you. Feed your satisfaction and pocket by availing the services of Bizilla.com.

“I want to sell my business and I want to buy a business,” these are the words most commonly uttered by users of Bizilla.com. Business deals are easy and organized. You definitely won’t get lost in the process.

Today, you will hear nothing but “I will only sell my business through Bizilla.com.” Registering on Bizilla.com will be one of the best decisions that you will make as a business owner or aspiring entrepreneur. Sell your business while it’s extremely in demand to realize exploding profits. Slow services will ruin your business plan and cost you money. A qualified and trusted service is what you need to keep money flowing in your bank account. Never compromise the flow of your business plan, which is why it is important to sell a business when the timing is right. You can surely get your money’s worth once you register to Bizilla.com. Selling your business is now as easy as 123.

“When can I sell my business?” “Which place is the best venue to sell my own business?” These are the common questions asked by business owners here and there. Many of them who do not know how to sell their business once it is at the peak of popularity find themselves losing big amounts of cash.

Start gaining money by simply registering to Bizilla.com. Bizilla.com will provide a venue where you can sell your business in no time. You simply have to fill out several forms and Bizilla.com will do all the hard work for you. With affordable packages, Bizilla.com can give you premium services without burning a gaping hole to your pocket.

In Bizilla.com, people are simply divided into two, those people who say “I want to buy a business” and those who declare “I want to sell my business.” Business deals are easy and organized. Minimize all the chance of getting lost in the middle of any transaction. Pat Hull and Hector Vazquez, experts with 20 years of experience in this field, are the founders of Bizilla.com

Today, you will hear nothing but “I will only sell my business through Bizilla.com.” It is best to sell your business through Bizilla.com because it is the best place to advertise a venture that you want to sell. Sell your business while they are extremely in demand to realize exploding profits. Do not let other services ruin your business strategy, just because they cannot immediately sell your business.

Only trust the websites that are reputable in this kind of industry. Retain your business strategy by availing of the cheap services of Bizilla.com. Spend wisely and invest properly only in Bizilla.com. Selling your business is now as easy as 123.

Thousands of people have been asking question, “Where Can I sell my business online?” This question can only be answered by Bizilla.com, the top website offering services associated with selling a business. Let someone find and buy your business for sale quickly and easily.

About the Author

Justin Hong is a business strategizes of international market. He has written lots of financial and business related books and articles to clarify the recent trends of increasing business and also mentioned how to get opportunity on time through business skills.He recommends to visit sell my business.

by doug88888

Article by Stan Prokop

Many of our clients can be easily forgiven for being confused and mis-informed on Canadas SR&ED program, aka ‘ SRED ‘, as most people call it. They can be even more forgiven for not know the basics about SRED finance. We try and simplify that discussion into two very basic things you need to know :- If you have a sred claim its financeable for cash and working capital now- To finance a claim you need to have filed a claim, but not always!! Your ability to monetize or cash flow a claim is in fact a superior way of generating additional working capital and cash flow now based on the value of your filing. We will add one technical point here, in that claims are generally financed at 70% LTV. LTV means ‘ loan to value ‘, so we are simply saying that for every one hundred thousand dollars of sred claim filing you can generate seventy thousand dollars via a short term sred loan. We can expand on that point a bit to ensure you are well informed. After filing a claim it is clear you are in a ‘waiting mode ‘ for your claim to be analyzed, potentially audited, and then of course waiting for the proverbial government cheque – we are of course all familiar with the expression ‘ it’s in the mail ‘ – With Ottawa backing your non repayable cheque you of course have the assurance funds will come, but you just don’t know when!We recommend that if you have filed a claim that you investigate the ability to finance that claim now. If the cheque under the program is a non payable grant ( other than paying tax on the income that’s as close to free money as we can get in Canada from the government!) Why wouldn’t you consider a financing option to accelerate cash flow and start using those funds now?Uses of funds under SR&ED financing are totally within your control. We see clients utilize sred financing to further invest in even more R&D, i.e. next years claim! or you can choose to reduce payables, invest in additional equipment or business assets, etc.In a small handful of cases we meet with firms who have a tax liability to Ottawa or the province re source deductions, GST/PST back remittances, etc. If you work with a trusted, credible, and experienced sred financing Sr&Ed consultant you can structure your financing to ensure that you’re past due remittances are taken care of during the sred financing process. No firm wants to be in the governments bad books re past due government super priority issues.The actual SR&ED financing process should be treated by yourself as any other business financing – we try and actually make the case its easier in some cases, because the actual asset behind the sred loan is the sred claim itself, so even if you think your firm might not qualify for financing for other forms of traditional borrowing your probably qualify for the sred – why?? Because you have a sred claim as an asset that’s verifiable! Ensure you are aware of this great program within Canada that generates billions of dollars in working capital and cash for Canadian corporations.Yes you can wait for funds, which may take a couple months or the better part of a year – if you cant wait consider financing your Sr&Ed claim via a short term sred loan which is collateralized against your filing. We strongly recommend you have a professional filing prepared, by your accountant or sred consultant (there are many) – this will significantly positively impact your ability to finance your claim.It’s a great cash flow and working capital strategy, and no debt is on your balance sheet, as it is offset by your sred asset that is in fact a monetizable account receivable.

About the Author

Stan Prokop – founder of 7 Park Avenue Financial – http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies, specializing in working capital, cash flow, asset based financing. In business 6 years – has completed in excess of 45 Million $ $ of financing for Canadian corporations.Info re: Canadian business financing & contact details:http://www.7parkavenuefinancial.com/sred_tax_credit_financing_2_things_you_must_know.html

by dealspwn

Article by Dorthy

Commerce can be compared to a race track where lightning-quick cars come flashing before your eyes. It is a place where the slow and the weak perish. Knowing when and where to sell a business is a major requirement before one can be considered as a good entrepreneur. Selling your business at the best time and to the right person can be a great and profitable experience.

“Is today the best time to sell my business?” “Where can I best sell my business? These are the common questions asked by business owners here and there. There is a big chance that you’ll miss a great opportunity to sell your business.

Avoid losing money and start gaining profit by registering to Bizilla.com. Do not let those big opportunities pass by, be part of Bizilla.com to sell your business in the easiest way possible. The website contains a well-organized and easy to use system where you only have to enter specific details, and the system will do the rest for you. With affordable packages, Bizilla.com can give you premium services without burning a gaping hole in your pocket.

On Bizilla.com. you can’t stop the people from saying “I want to sell my business and I want to buy a business,” because this is how things simply work. Transactions are easy and are step by step. You definitely won’t get lost in the process.

More people are beginning to claim this: “I will sell my business only through Bizilla.com.” Registering on Bizilla.com will be one of the best decisions that you will make as a business owner or aspiring entrepreneur. Sell your business while it’s extremely in demand to realize exploding profits. Do not let other services ruin your business strategy, just because they cannot sell your business. Never compromise the flow of your business plan, which is why it is important to sell a business when the timing is right. You can surely get your money’s worth once you register to Bizilla.com. Selling your business is now as easy as 123.

“Is today the best time to sell my business?” “Which place is the best venue to sell my own business?” These are the common questions asked by business owners here and there. There is a big chance that you’ll lose huge amount of money if you do not grab the big opportunities right away.

Start gaining money by simply registering to Bizilla.com. Do not let those big opportunities pass by, be part of Bizilla.com to sell your business in the easiest way possible. The website contains a well-organized and easy to use system where you only have to enter specific details, and the system will do the rest for you. With affordable packages, Bizilla.com can give you premium services without burning a gaping hole to your pocket.

“I want to sell my business and I want to buy a business,” these are the words most commonly uttered by users in Bizilla.com. You won’t be lost in the middle of any transaction in Bizilla.com. Minimize all the chance of getting lost in the middle of any transaction. Working for almost 20 years already, Paul Hull and Hector Vazquez are the experts who made Bizilla.com.

More people are beginning to claim this: “I will sell my business only through Bizilla.com.” Market your business in Bizilla.com and immediately experience the benefits. Sell your business while they are extremely in demand to realize exploding profits. Slow services will ruin your business plan, and will cost you tons of dollars.

Don’t commit the mistake of believing those websites which claim that they will sell your businesses for free-that is simply unrealistic. Never compromise the flow of your business plan, that is why it is important to immediately sell a business if the time is right. Bizilla.com will surely give you your money’s true worth. Selling your business is now as easy as 123.

Thousands of people have been asking question, “Where Can I sell my business online?” This question can only be answered by Bizilla.com, the top website offering services associated with selling a business. Let someone find and buy your business for sale quickly and easily.

About the Author

Justin Hong is a business strategizes of international market. He has written lots of financial and business related books and articles to clarify the recent trends of increasing business and also mentioned how to get opportunity on time through business skills.He recommends to visit sell my business.

As tsunami hits japan, Govt starts damage control , Nuclear Plants are closed, Airports are closed and market goes down.
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by alfoeldi0815

Article by Zhuping

In todays changing scenario of market along with the economical, financial change in global market the business needed a lots of exercise to sustain in the market. In current situation one who are the new business owner or going to start the new business they find difficulty to figure out that what kind of business they should start and convenient for them to achieve success One of the biggest struggles for new business owners is that to choose a profitable business and establish in the market and important factor to gain profits. In present situation there is rapid change in the world as this changes technological and economical .It is difficult to keeping up with innovations and new business strategies is crucial for long-term success. Most small business owners don’t invest much time or money in developing their business and marketing knowledge. The amount of time and money you invest in your marketing education directly relates to your business success. As new business owner it is important to choose business that was scalable as well as needed in our society. To running a business success full need a strategy and planning which help to start and establish the business. There are essential elements or business ideas for business growth is very helpful to start up or running a business. . So, what is a perfect idea? Each individual entrepreneur has their concept of the perfect business. Therefore, each perfect business is defined by the business owners. Keeping this in mind, let’s start on my five concepts of finding the perfect businessNow that you understand why you need a business plan and you’ve spent some time doing your homework gathering the information you need to create one, it’s time to roll up your sleeves and get everything down on paperBusiness concept. Financial features. Financial requirements. Current business position. Basic principles of small business strategy1.Strategy is focus: Allocate resources where they will do the most good. Work towards your strengths and away from your weaknesses. 2.Strategy is consistent over the long term: Better a mediocre strategy consistently applied over several years, than a series of brilliant strategies. It takes time to develop and implement a strategy, more time for the world to react and turn in the right direction. Its very hard to stick with a strategy, because the people executing the strategy tire of it long before the rest of the world does.3.Understand the problem of displacement: Strategy is subject to displacement, meaning that everything you do rules out something else that you cant do4.Specific responsibilities, activities, deadlines, and budgets: We call these Milestones. They are the bricks and mortar of business planning, critical to business success.5.Financial plan: One of the most important gains from an annual plan is the financial plan, which of course hinges on cash flow. A business needs to stress its priorities by making sure they get the right amount of money. Growth costs cash.6.Understanding your customer: This might seem strange to start here as how do you know your customers before you have a business idea in place. The answer is simple – your customers make the business, therefore without customers there is no 7.Your Competition: Every business has competition – either direct or indirect. They also have indirect competition from any other activity that consumers spend their disposable. Further, some competitors are ruthless. MeaningRosetta Stone Spanish that if you promote and offer a product that is similar to theirs but at a lower price, these competitors will just lower their price to match or beat you8.Cash Flow: Lots of entrepreneurs enter the business world with great ideas but very poor understanding of the capital it will take to get their venture off the ground. If you want to take more advices you can also hire a and take advices from business management consultant who give you a completed business ideas with solutions of your problems. You can also take advantages of top leader of business industry t grow your business in right directions such us asksamboyer. who will help you in this regards.

About the Author

Rosetta Stone,Rosetta Stone Spanish,learn spanish,language software, language learning

by mars_discovery_district

Article by Paul Godfrey

Increasing complexness and order of magnitude of farming and Financial agriculture have lead to the innovation of agriculture machinery which speeds up the process of agriculture while cutting down the dependency on labor as well. Knowing the complex functions which agricultur emachinery perform, they are undoubtedly expensive and for purchasing them would lead to requisite of farm machinery Finance.

Farm Finance is available on special farm machinery such as Tractors, power tiller, ploughing equipment, planting equipments, combine reapers, irrigation systems. Nonetheless there are certain prerequisites to availing farm machinery Finance UK.

Farm loans are offered calculating up the farmer’s necessities. In UK, farm machinery Finances are offered in the range of GBP 10000 to GBP 150000. Farming itself is an irregular activity which makes it imperative to extend highly flexible Finances. Farm machinery Finances can be availed to buy new farm machinery or second hand farm machinery.

You could avail farm loans either through fixed charge per units, variable rates or prime rates. Farm finance options taken under fixed rates means your installment is spread over fixed period of years viz 1 year to 10 years. The Finance repayment sum will be comparatively small since the Finance period is spread over a period of time.

You could also opt for farm machinery loans through varying rates. Through variable rates, the interest rates shift consorting to the diverging rates in the markets on monthly basis as well. The term of repayment options of Finances on variable rates is between 7 to 10 years.

Lastly moving on to Finances offered quality rates imply specific margin to prime rate. In case of any change in the prime rates, the rate of interest also varies. These Finances have a margin lock of 1 to 3 years while they can be repaid within 7 to 10 years maximum.

In case you go up special financial institutions you could also raise capital from your surviving property and expand your agriculture business substantially. In case you have Finances from multiple origins you could always consolidate all your borrowings into a single affordable Finance. These financial institutions also offer repayment vacations which mean you do not have to pay for the initial years (usually 5 years) after which you do have to pay a more or less higher amounts of money of instalments considering the accrued interest.

All in all, Farm finance is easily usable. You need to finalize the farm machinery you wish to fit out your farm with and go up the financial institutions with your Finance form. At the same time you could even think of ambitious farm elaboration plans and increase your agricultural concern as well.

find out more information about farm finance

and more help with agricultural loans as well as many other articles to help improve your busines

About the Author

I have been trying to help farmers and smallholders get off the ground and also show how it is possible to obtail special loans for farm improvements

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by mars_discovery_district

Article by Stan Prokop

The reality of film finances in Canada has changed dramatically over the last couple years. Unlike many aspects of business financing though, they have improved, and tax credit financing is a large part of that improvement.Our information is particularly beneficial to independent owners and producers – it naturally goes without saying that the larger studios and film finance conglomerates historically review your production in any of our three entertainment segments, ( film / tv, digital animation ), they buy into your concept or production, and then they fund it via their own often substantial resources.Naturally if your production can get on board that above boat that is truly a perfect world, however the reality is that the majority of production, even larger names one with ‘name actors ‘still struggle to find proper financing. The truth is simply that the financing of a project comes from a variety of solutions that are cobbled together to form a full financing complement for your production. Film finance is no different than the financing of any business venture – it all comes down to two components, debt and equity. Your job is of course to maximize the right mix of those two essential elements of any type of financing.Equity financing is your springboard for your venture naturally, however today’s reality in the Canadian marketplace is that the ‘ soft money ‘or non equity portion of your production in film, tv, or digital animation can in fact come from the various tax credit incentives made possible by combined federal and provincial initiatives in Canada. Want to know a secret? It’s the secret we refer to in our teaser title in this document. Here it is  99% of the entertainment world might believe that tax credits for film financing in Canada can only be monetized when they are filed and certified, using traditional year end accounting guidelines. That is not necessarily the case! You can also, in many circumstances, access film finances via an ‘accrual strategy ‘. In that case we determine your overall sense of eligibility for future credits, and you receive the cash upfront, based on certain per cent ages, allowing you to immediately access the ‘ soft money ‘ that we have previously started to discuss. That’s a solid working capital and cash flow strategy for your production, which at the same time brings valuable cash flow and working capital into your project on an up front basis.The quick example we can utilize in a film type scenario (it could just as easily be TV or animation) is the proverbial 1 Million dollar budget. If you utilize the right tax credits in Canada, which are non repayable of course, then you can immediately access cash flow in the 400,000- 500,000.00 range for your project. Given that you probably have raised some equity already those funds, plus the tax credits have you probably financed to the 90% of the total project at this point. That simply leaves the ‘gap’, which all of a sudden is less of a challenge than you, thought. Canada doesn’t have as robust a banking focus on film TV and animation financing, but there are a number of methods to still fill ‘the gap ‘.Financing for tax credits in Canada is often done on an approximately 60-80% loan to value based on the value of the credit. Each situation is a little different only because of the size of the production and resultant credit, as well as the team you bring to the table Vis a Vis proper accounting and financial documentation of your project.Speak to a credible, trusted and experienced advisor in this area to monetize your film finances in Canada based on your tax credit financing strategy as a key component in overall project success.

About the Author

Stan Prokop – founder of 7 Park Avenue Financial – http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies, specializing in working capital, cash flow, asset based financing. In business 6 years – has completed in excess of 45 Million $ $ of financing for Canadian corporations.Info re: Canadian business financing & contact details: http://www.7parkavenuefinancial.com/film_finances_canada_film_tax_credits.html

Download Excel workbook people.highline.edu Learn the basics about formulas and functions for the beginning Finance class. See formulas for Period Interest Rate, Net Income. See the functions SUM, AVERAGE, PMT. Learn about formula inputs and cell references and when to use cell references for vaiable data and when it is okay to hard code formula inputs into formulas. Highline Community College Busn 233 Financial Management with Excel taught by Michael Girvin.
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by Leonard John Matthews

Article by Stan Prokop

The reality of film finances in Canada has changed dramatically over the last couple years. Unlike many aspects of business financing though, they have improved, and tax credit financing is a large part of that improvement.Our information is particularly beneficial to independent owners and producers – it naturally goes without saying that the larger studios and film finance conglomerates historically review your production in any of our three entertainment segments, ( film / tv, digital animation ), they buy into your concept or production, and then they fund it via their own often substantial resources.Naturally if your production can get on board that above boat that is truly a perfect world, however the reality is that the majority of production, even larger names one with ‘name actors ‘still struggle to find proper financing. The truth is simply that the financing of a project comes from a variety of solutions that are cobbled together to form a full financing complement for your production. Film finance is no different than the financing of any business venture – it all comes down to two components, debt and equity. Your job is of course to maximize the right mix of those two essential elements of any type of financing.Equity financing is your springboard for your venture naturally, however today’s reality in the Canadian marketplace is that the ‘ soft money ‘or non equity portion of your production in film, tv, or digital animation can in fact come from the various tax credit incentives made possible by combined federal and provincial initiatives in Canada. Want to know a secret? It’s the secret we refer to in our teaser title in this document. Here it is  99% of the entertainment world might believe that tax credits for film financing in Canada can only be monetized when they are filed and certified, using traditional year end accounting guidelines. That is not necessarily the case! You can also, in many circumstances, access film finances via an ‘accrual strategy ‘. In that case we determine your overall sense of eligibility for future credits, and you receive the cash upfront, based on certain per cent ages, allowing you to immediately access the ‘ soft money ‘ that we have previously started to discuss. That’s a solid working capital and cash flow strategy for your production, which at the same time brings valuable cash flow and working capital into your project on an up front basis.The quick example we can utilize in a film type scenario (it could just as easily be TV or animation) is the proverbial 1 Million dollar budget. If you utilize the right tax credits in Canada, which are non repayable of course, then you can immediately access cash flow in the 400,000- 500,000.00 range for your project. Given that you probably have raised some equity already those funds, plus the tax credits have you probably financed to the 90% of the total project at this point. That simply leaves the ‘gap’, which all of a sudden is less of a challenge than you, thought. Canada doesn’t have as robust a banking focus on film TV and animation financing, but there are a number of methods to still fill ‘the gap ‘.Financing for tax credits in Canada is often done on an approximately 60-80% loan to value based on the value of the credit. Each situation is a little different only because of the size of the production and resultant credit, as well as the team you bring to the table Vis a Vis proper accounting and financial documentation of your project.Speak to a credible, trusted and experienced advisor in this area to monetize your film finances in Canada based on your tax credit financing strategy as a key component in overall project success.

About the Author

Stan Prokop – founder of 7 Park Avenue Financial – http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies, specializing in working capital, cash flow, asset based financing. In business 6 years – has completed in excess of 45 Million $ $ of financing for Canadian corporations.Info re: Canadian business financing & contact details: http://www.7parkavenuefinancial.com/film_finances_canada_film_tax_credits.html

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by Paul Jacobson

Article by James Copper

Personal finance is something many people do not take very seriously. That is why so many people are fighting with debt problems. Personal finance is about keeping a balanced debt to income ratio and ensuring that expenses never exceed income. Personal finance is crucial to keeping a good credit record and maintaining credit worthiness.

Personal finance starts with a budget. Every person should have a budget to track and mange their income and expenses. A simple budget lists all income and all expenses for a month. The bottom line of a budget is that the income should never be less then the expenses. Should the expenses exceed the income the person is going to have to cut back on expenses. They should start by cutting out non-essential expenses. This can be difficult, but for someone wanting to be serious about their personal finance, it is important. Budgeting takes a lot of self control and little sacrifice.

The next step in personal finance is managing debt. Most people have some debt. Debt is essential for building credit. However debt should never become overwhelming. A person should make a list of all debt. The list should include the name of the creditor, the amount of credit, the amount of debt and the interest rate. If there is any debt problems they should be handled immediately.

Next is credit. If a person is easily handling their budget and their debt then they can consider getting more lines of credit. However, if a person is not handling their debt and budget then getting more credit is out of the question. A person should also make sure they understand all of their credit obligations. This includes all terms and conditions.

After a person has all of their personal finances in order they need to look them over. They should check to see if they are struggling with anything. If they are then they need to manage their finances to get them back in order. This may involve some credit counseling or debt consolidation. A person should be committed to whatever it takes to get their personal finances back in order, so they do not suffer damaged credit or financial difficulties.

Now that a person has organized their personal finances, they need to manage them. Managing personal finance is about sticking to a monthly budget, keeping debt under control and not getting overwhelmed by credit. Management of personal finances is on going. A person has to review every month to ensure they are not over extending themselves or breaking their budget.

Personal finance is an important topic. It is something everyone needs to think about and something everyone needs to control. Too often people let their personal finances get out of control. It is this that leads to debt problems and eventually financial difficulties.

A person that controls their personal finance will be using their monthly budget, keeping up on debt and not over extending themselves credit wise. A good, well managed personal finance is going to produce someone who can afford their lifestyle and who benefits in the form of a good credit record.

About the Author

James Copper is a writer for http://www.any-loans.co.uk

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by mars_discovery_district

Article by Stan Prokop

Canadian business owners and financial managers often ask about assessing the different alternatives to their overall business financing strategy – Receivable financing – factoring can be one of the cornerstones of a creative alternative financial solution for their business. We sometimes hesitate to use the word ‘alternative ‘because quite frankly this method of financing is becoming as mainstream as things can get!Canadian business can be financed in one of four different ways – You need to be able to asses the methods utilized in those four categories and which one, or ones, makes sense for your firm. Business is financed of course by your own shareholder equity – Equity is expensive because when you give it up, or sell ownership in your business your overall position becomes diluted and your return on investment diminishes.The three other methods of financing, in lieu of equity of ownership relinquishing are:DebtGrantsAsset FinancingDebt of course comes in the form of good debt and bad debt – we would, as an example categorize a commercial mortgage as good debt – a cash flow working capital loan might be another example. However, the reality is that most business owners recognize the dangers of debt and how that increased leverage can be a double edged sword.Clients are always asking us about ‘governments grants and loans ‘. In our opinion there are only two respectable grant/loan programs in Canada – the SR&ED program, and the CSBF program – the former is a non repayable grant, the latter is simply a great government loan for financing equipment and leaseholds.So that brings us to # 4- Asset financing. Depending on the type of business and industry you are in your asses include inventory, land, equipment, and receivables.A very strong case can be made that #4 should in fact be #1 when it comes to working capital and cash flow financing – Simply speaking your assets need to be monetized in the best manner in which to bring you liquidity. Receivable financing – factoring is in fact the quickest and most efficient manner to bring immediate cash flow to your business. Why is that the case – simply because it involves no debt coming on our balance sheet, no payments are made as in a loan type scenario, cash flow is immediate, and the reality is, that if you have negotiated the right factor facility then you are in control of your overall cash flow requirements?The benefits of a receivable financing factor facility are very clear once you understand the process. Generally a factor facility, aka an invoice discounting or receivable financing facility can be negotiated in a couple of weeks from start to finish. To the extent that your business is growing you essentially have successfully completed a financing that gives you unlimited cash flow. We say unlimited, because if your sales and receivables grow your cash flow and working capital grow in lock step to that growth! Cash flow and working capital from a factor facility can be used to increase inventory, take on more purchase orders and contracts, and, in general meet working capital guidelines.The overall process for a receivable financing -factoring facility is simple. You sell some or all of your invoices to your factor partner firm – You receive generally 90% of that invoice amount that same day as cash in your bank account. When your customer pays the factor firm keeps a ‘discount fee ‘based on the total time it took your customer to pay. Discount fees, or as clients prefer to call them, ‘factoring rates ‘vary in Canada. Factors (excuse the pun) that affect your fee are the size of facility, who you deal with, the method in which your facility operates, and the overall quality of your customer base.Speak to a credible, trusted, an experienced business financing advisor – Find out today why the 4th method of financing your business might just be the best!

About the Author

Stan Prokop – founder of 7 Park Avenue Financial – http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies, specializing in working capital, cash flow, asset based financing. In business 6 years – has completed in excess of 45 Million $ $ of financing for Canadian corporations.Info re: Canadian business financing & contact details: http://www.7parkavenuefinancial.com/receivable_financing_factoring_working_capital.html

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