The days of easy credit, offered to anyone who can breathe, are history. In this sluggish economy, lenders want to know whether borrowers are likely to stay current on their loans, mortgages, and credit card accounts. Banks and other lending institutions are looking more closely at credit scores, the numbers that (in theory at least) predict the likelihood that a borrower will default on his or her outstanding debts. As a result, knowing your score and ensuring that it’s climbing toward the upper percentiles should be a part of your regular financial planning. (more…)
Posts Tagged ‘bank’
Failing to Plan is Planning to Fail webinar
Date: 2010-06-24 Time: 01:00 – 02:00
This topic covers the benefits of developing a business plan in gaining increased control over business operations and improved opportunities to step back and work ON rather than IN the business. Describes how to create a complete plan for the business or just a set of action steps covering the critical areas of operation.
The business plan is an excellent tool in defining your personal assets and liabilities, describing the competitive conditions in your market, your financial needs, ways to promote your products and services, and assess the skill sets your team needs to be most productive.
From this topic, your clients (or your team members) will learn the key steps required to create a plan document for their business and how to use it in their sales processes, to aid in inducting team members, to deal with banks and other capital sources, and to educate new suppliers about the nature of the business.
Registration link: https://gotomeeting.com/register/809550474
Time: 1PM-2PM ET Price: No-cost
Dates:
2010-06-24| Click to Register
Being Smart About Loans
Most businesses operate to some extent on borrowed money, but borrowing too much means you’re paying more in interest than you need to. Borrowing too little means you’re under financed and won’t have enough capital to accomplish what you want to do. (more…)
