Advisory 2009 - Time To Fund Companies, A Bad Time To Pay Cash  

Posted by ahshan in

We sell products to customers in important diseases, right? Do not even think to let them pay the cash purchase. Sounds like blasphemy? Not in the current economic situation, where money is king. What makes us, the Bank of Cardiff, qualified to give you some advice? We finance thousands of copier equipment and truck categories, and microscopes and excavating around the United States. But we are not here to talk about it, it comes to our customers and your business.

Set your eyes squarely to 2009. Uncertainties real advance is that the president-elect can do next year, the only year in which the changes he and Congress can turn disastrous and get the economy going into shock. This is not a theory, but instead supported by empirical data from the last century. Data on the S & P 500, a good measure of U.S. stock market and economy since 1950, shows the first year of office of a presiding officer was a year down for stocks held in September of 15 times , 1981 and 2001 are recent examples. Other years have been down six of 15 times with the dubious honor of having the greatest reduction in value of 20% in 1974 and nearly 30% in 2002.

If the new president to raise taxes or offering financial incentives for a group of citizens, but not the second, which creates winners and losers. Winners and losers cry, smile. Losers hate losing more than one winner in the victory, as the economy sucks. Entrepreneurs are treading on dangerous ground now. Many people have trouble paying mortgages that have signed when real estate prices than five years ago. Our company is looking at your credit reports throughout the day and the boy is in America with borrowed money! If we have a $ 20,000 credit lines available to us, we spent $ 19,999.

Can not we get another card and fix it? Not only do you have any problems with the mortgage that was five years ago today, but credit card companies will not help you accumulate more debt because they see the flaws of origin, month after month.

Cash is king and companies like that can be gathered in 2009. Sales are down, profit margins are compressed, so be careful with your bank balances so carefully. If you sell physical products, you must provide the financing, leasing and credit lines for good credit and poor credit customers. Get arrogant and make sure you have a strong financial partner sharing the risk with you.

You will move more product today because customers will not have to worry about buying an additional machine, when the price is just slightly higher monthly payment. Thus, they can come back tomorrow for something else. Doctors do not worry give you prescriptions when they think you need medication.



This entry was posted on Wednesday, October 19, 2011 at 9:49 AM and is filed under . You can follow any responses to this entry through the comments feed .

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