Archive for January, 2009
Downturn to last 10 years
I heard that Bill Gates thinks that it will take up to 10 years for things to come back to normal. Don’t quote me on this as I don’t read the papers or watch the news, I only know this because somebody told me so (that somebody reads the papers and watches the news – [...]
Low Expectations Lead to Success!!
I’ve just been reading an articles from one of my favourite business websites Flyingsolo.com.au (read it here) about sustaining the “holiday feeling” by Peter Crocker and I can’t help but disagree with the point of view of lowering our expectation in business and these types of headlines frustrate me a little because the whole reason [...]
Broker commissions are about to explode – in a good way!
Contrary to popular belief in the finance broking market place, commissions are set to go nuts.
I am just putting my finishing touches on a free book that is going to teach you how to grow your comission as a finance broker and give you the life you have dreamed of (sounds corny, but after all [...]
Broker’s don’t have to sit back and have their throats cut by the banks!
All we hear about these days is how the banks are slashing mortgage broking commissions. I came across this interesting document when looking for a logo for my previous post. If you are concerned about protecting the commission you receive from the bank as a mortgage broker then you simply must read this. Especially when [...]
This quote sums up the finance broking predicament, lets hope something changes and soon
Recently I asked Matthew Bransgrove from Bransgroves Lawyers who is one of the leading experts in mortgage law about the future of mortgage broking. I did not expect the following response. I have included it in its entirety as I really could not say it any better myself.
“The drastic falls in property values which accompanied [...]
Is a factor really a debt collector?
A common question a potential client will often ask me is: Will you hassle my customers? The simple answer to this is no. Yes we do collect your money for you and yes we do chase payments for you. However, factors only really do what you do, or what you should be doing. This means we simply [...]
Sometimes even we go round in circles chasing invoices
I had a call from a recent potential client about having to chase his customers to pay invoices. He explained it in such detail about the excuses he was getting and the run around he got every time he called that it reminded me of a funny episode of the Simpson’s which I think visualises [...]
I just found some great quotes from Brian Tracy
“Your greatest resource is your time.” – Brian Tracy - see his website
“Perhaps the very best question that you can memorize and repeat, over and over, is, “what is the most valuable use of my time right now?” – Brian Tacy - see his website
Another great video on youtube by Brian Tracy:
Posted by: leigh@arcashflow.com.au
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Cash flow & factoring are like peas in a pod
I have been reading an article in the Wealth Creator magazine (wealthcreator.com.au) and the trend in the majority of the articles is the economic climate and the toll it is and going to take on small businesses.
One particular article I noticed was the “to do” list for SME’s this year written by Sue Prestney (MGI [...]
The Just In Time Approach (Jit) To Business Finance
I am sure you are familiar with this inventory strategy associated with the processes of reducing stock and therefore carrying a minimum cost.
The Japanese car manufacturers have pioneered this approach for its many advantages: Improve productivity, eliminates waste, improves quality, saves costs and brings production in line with demand.
Now, you are asking yourself, what does [...]
Is it boom or gloom? Can factoring be the answer?
If you have been reading the papers a lot this year already you might have noticed a few articles popping up about the boom in invoice factoring. The constant articles skewed towards banks restricting lending and tightening up on criteria seems to be the constant theme of gloom in the small business finance sections of [...]
Cash flow is king, welcome to 2009
The old cliché of ‘cash is king’ has never been more important than at the present time. Traditionally most businesses have relied on some form of third party funding whether it be bank overdraft or business loans.
“Now may be the time to consider alternative forms of funding such as invoice factoring, which is increasingly popular [...]
