Have you ever felt like you just had to share your latest good news with anyone and everyone around you, but they literally had no interest whatsoever in what you had to say? Although intended for the best, sometimes sharing the good news is not always a positive outcome.After all, people know you remember things.And every time they see you coming with that “have I got a deal for you” look of wide eyed innocence about you… they also know to be very aware with the question in their minds… what is he going to try and sell on now!?More often than not it seems as if you’re the only one oblivious to their burn out of your good news tactics and gracious offers for them to improve their lives and make more money and retire to the Florida Keys sooner than later while improving their health and well being with your new vita-pill-drink!.Both they and you know that you’re really not a bad person. The fact of the matter is that you just want to see everyone as healthy and happy as your latest new venture is promising to make the both of you. You’re just sharing the good news. I mean, after all, you could see and realize the benefits of this amazing product and were immediately sold on it… so everyone you know should jump on this opportunity as sure and as fast as you did, right!You don’t need that kind of pressure. Time to get this monkey off you back!So, as a new business person, you have to write these folks off your list and warm and friendly contacts (because the industry of network marketing labels them that way) and you end up losing your rank and status in the arena of family and friends because that same win at all costs industry says if they cannot or will not support you in whatever your dreams are, then you didn’t need them anyway.So, does that mean the pressure is now off and you as a big shot entrepreneur are free and able to tackle anyone you come in contact with using your new found attitude as fair game for your business? I would certainly hope not. That is a pure case of not sharing the good news!What you really need to remember at this point in your little business rant to save the world is… “don’t try to share your seemingly good fortune” with everyone or everything that moves!Keep in mind that some people will be wide open to change and new ideas, having been prepared by the your giving spirit from times past.But, there are those that you have engaged just as soberly before that may not be so open to yet another invitation to be set free from your definition of their less than stellar lives.When you come across those that are not, relax, don’t push them. When it comes to sharing the good news, you need to realize that it’s just not their time.If and when you sense a resistance or an uncomfortable response, just tactfully, professionally and lovingly change the subject.Demonstrate true sensitivity and concern for this person and be mindful that their time will come..it may be next week, next month or perhaps even tomorrow..or even more so, never. You just need to stay close to your moral and ethical business conventions. There’s a time and a place for everything and everyone.Having said that, I have to also state that I am not putting down or am opposed to the great many men and women who make their livelihoods persuading and selling to the masses in our society. Some of these great selling giants do come with even greater values in sharing the good news.Giving in is not necessarily always a matter of giving up.Sometimes you have to give yourself permissions to leave, to walk away, to not challenge certain conventions. And in doing so, you will gain a healthy respect for the individual as you are encouraged to listen to your inner-self and be a guiding force rather than just another selling force for something that many may not be in the market to buy.A Friend in Business… and Life… Always,-Lon-
Business Capital Solutions In Canada: Accessing Proper Cash Flow & Commercial Financing
Business capital requirements in Canada often boil down to some basic truths the business owner/financial mgr/entrepreneur needs to address when it comes to financing for businesses.
One of those truths? Knowing the true state of their financial condition and what financing they do and don’t qualify for when it comes to meeting commercial lending requirements in Canadian business.
Business Loans In Canada
Whether you are smaller or start-up firm looking for information on how to get a business loan or a larger established firm looking for growth financing or acquisition opportunities we’re highlighting 3 mistakes that commercial loan seekers like your company need to avoid making when addressing, sourcing and negotiating your cash flow / working capital and commercial financing needs.
1. Understand the true condition of your company finances – These are almost always successful addressed when you spend time on your financials and understand how your financial statements reflect your access to commercial loans & business credit in general
2. Ensure you have a plan in place for sales growth and financial needs as it relates to commercial financing
3. Understand that actual hard facts about cash flow which is, of course, the lifeblood of your company
Can you honestly answer or feel positive about all those 3 points. If so, pass Go and collect $ 100.00!
A good way to address your company’s finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn – i.e. not growing, losing money, etc; It’s never fun to fund yourself in an economic or industry downturn such as the COVID pandemic of 2020!
When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and cash fluctuations is key.
How do cash flow and sales plans and projections affect the type of financing you require? For one thing sales growth usually starts out by consuming your cash, not generating it. A poor finance plan will drag your business down and addressing financing simply gets tougher and tougher.
Three basics always emerge when it comes to your search for the right business capital and financing.
1. The amount of financing you need
2. The type of financing (debt/cash flow/asset monetization) The business loan interest rate will be dramatically affected by whether you choose traditional or alternative financing solutions. Private business loans in Canada come from non regulated commercial finance companies most often known as ‘ alternative lenders ‘. These lenders are typically highly specialized in one ‘ niche ‘ of business financing and may be Canadian firms or branches of U.S. banks and non-bank lenders
3. How the financing is structured to be manageable with your day to day operations
What Finance Company In Canada Can Meet Your Borrowing Needs & Why Is Capital Important In Business
Let’s identify and break down key financings your firm should know about and understand if they are applicable and achievable to your business. They include:
A/R Financing / Factoring / Confidential Receivable Finance
Inventory finance / floor planning / retail inventory
Working Capital term loans
Unsecured cash flow loans
Merchant working capital loans/advances – these loans are geared toward short term cash needs and are typically one year in duration. Loan amounts are typically 15-20% of your annual sales revenues.
Royalty finance
Asset based non bank business lines of credit
Tax credit financing (SR&ED bridge loans)
Equipment Leasing / Sale leasebacks – Equipment financing in Canada is used by almost 80% of all companies looking to acquire new, and used, assets.
Govt Guaranteed Small Business Loan program – Government Loans in Canada are sometimes referred to as ‘ SBL’, aka Note: BDC Finance solutions are available from this Canadian non-bricks and morter crown corporation. A small business loan via the government-guaranteed loan program comes with true flexibility around term loan duration, market rates, no pre payment penalties, and of course the low personal guarantee that is required by borrowers. These two ‘ government ‘ loan solutions are often perfect for financing a new business.
If you’re focused on not making mistakes in your business finance needs and want to capitalize on the solutions your competitors are probably already using seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and commercial financing needs.
Stan has had a successful career with some of the world’s largest and most successful corporations.
His employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) In 2004 Stan founded 7 PARK AVENUE FINANCIAL – He is an expert in Canadian Business Financing.
Did Senator Pauline Hansen Break A Religious Code By Wearing a Berqa Into the Senate?
When Senator, Pauline Hansen, arrived to take her seat in the Australian Federal Senate today she caused an outrage from the leader of the House. She was wearing a berqa, a Muslim complete body cover, which many think is a religious garb. The rhetoric that headed her way from Senator Brandis was one of sheer disgust that she would offend a religious group in this way. The question is whether the covering is actually a religious garment?My observations and research into the Islamic faith proves that it is not. In the times when the Islamic religion was established in Babylon, some 4,000 years ago, there is no sign of any head covering for women in the images of that city or others built by the Amor, the inhabitants.They became the Romans when they established the city of Roma (reverse Amor) and the new religion set up by Constantine was the Catholic Church in 325 AD. Nowhere from the Assyrian Empire, the Egyptian or the Roman Empires shows anything like this garment being worn. By the time of the Romans women were wearing full length dresses but no head-gear.The Catholic Vatican appointed Augustine to start the Muslim Branch of Islam, based on its own formula, to add credibility to the things it claims, such as the virgin birth of Jesus Christ. He used a man named Mohammed whom he trained as a prophet and then possibly wrote the Koran. These things are verified in the Vatican archives and were released to the public by a Jesuit priest who worked with them.The first time I became aware of this garment is in relation to the Taliban and the Sharia law. It apparently follows the tradition from the 10th Century that women customarily veiled their faces as a sign of their upper-class status. At that time women were not allowed to partake in public-activities which heralds the start of the persecution of women.In 1899 a book by Qasim Amin noted that wearing a veil was a customary thing and not related to Islam. He lobbied for a new copy of the Qu’ran which caused considerable debate. In 1910 a woman, Malak Hifni Nassef, published the Womenests which argued against his claim, with some vigour.In the 1920′s King Amanullah stated that religion does not require a woman to cover their hands, feet, or faces. He reiterated that this was a tribal custom that impeded the ‘free will of the individual’. This is the best response to the veil so far. Also in the 20′s Ataturk from Turkey spoke out against the veil calling it demeaning, but he did not ban it.The Iranian king, Reza Pahlavi, banned the chador (means shadow) claiming the garment should be burned and anyone wearing it were not allowed on public transport and could have it cut up with scissors. He called it a symbol of injustice and shame.After the six days’ war in Egypt in 1967 women started wearing the veil as a symbol of superiority and domination. It appears that this is still the case in Australia, where it has become offensive to many in this free democracy.When Iran returned to a Republic after the revolution of 1979 women wore the chador as a symbol of defiance against the deposed king and its western support. Here again is purpose unrelated to religious values but more to a status symbol. The women were targeted who appeared in public without the veil. That means it is now a weapon of discrimination.In 1996 to 2001 the Taliban in Pakistan forced women to wear the garment in public. Their law allowed for beatings and worse if a woman defied the order. In 2004 the French government banned the burqa, and the hijabs in public schools. This brought about more rebellious reaction from Muslim women who seemed to delight in upsetting everyone around them. The president stated that “women who are prisoners behind a screen are cut off from society and deprived of identity.”In 2009 Belgium followed suit and banned the wearing of such garments in schools. In 2010 the French banned the wearing of berqas from public services and transport. Belgium then also banned the covering for public safety reasons.Pauline Hansen has called for the Australian government to follow suit as it is a mockery of women in general. With their faces covered they cannot be identified and the shield is a hindrance to law enforcement and the subject of abuse from objectors and who knows who is parading around under cover?In my opinion there is no place for berqas or any head covering in our society. The quicker they are banned for what they are the better. They have nothing to do with religion but more to do with sticking it up our noses and its time they were taken to task. Good on Pauline for raising the matter so dramatically that the world has taken notice of her.