Business Finance Consultant
Below is an excellent illustration on the ups and down's of a business plan. (You could also use this illustration for life in general.) For our purposes here, we will look at it from a business point of view. If you are going into business or you are already in business, a detailed business plan … [Read more...]
Things you need to consider in financing your business: Know the experience of the lender you intent to do business with. Network with other business owners so you know whom to approach and if they have the right experience. Be well prepared (That is where we come in and can help). This … [Read more...]
Here are some examples of the various businesses/industries where assistance was provided in arranging financing over the many years spent in the banking industry. Hotels/Motels Golf Clubs Moving companies Clothing stores Office Supply companies Tourism Professionals i.e. … [Read more...]
We have been asked on several occasions to give an example of different thinking around helping companies with their financing needs either new money or a refinance of existing debt. In this example we have highlighted the benefits, of a refinance. All situations are different, and this example … [Read more...]
Here are some very well known quotes on failure: “Success is not final, failure is not fatal: it is the courage to continue that counts.” - Winston Churchill “Success is stumbling from failure to failure with no loss of enthusiasm.” - Winston Churchill “The only real mistake is the one from … [Read more...]
The Bank of Canada recently increase it’s overnight rate to 1.75% the highest it has been since December of 2008. The big 5 banks responded and raised their prime lending rates from 3.70% to 3.95%. What does this mean? We will leave that to the experts to comment on. We want however to draw … [Read more...]
Below is an example of 11 of the most commonly used ratios by financial institutions as they assess the credit worthiness of potential commercial clients. Please provide us with your feedback on the helpfulness of this information. If you have any suggestions on other topics that you might want … [Read more...]
The act of postponing, delaying or putting off, especially out of habitual carelessness or laziness. Procrastination is a word that most of us may have been guilty of at some point in our professional or personal lives. At times, it is so easy to take your eyes off the goal and procrastinate. … [Read more...]
We have had the opportunity of attending a couple of sessions on this subject, which have been put on by MNP and hosted by the Chamber of Commerce of Nanaimo & the Chamber of Commerce in Parksville. While legalization is quickly approaching, this will be a highly regulated market place with … [Read more...]
When you say, "it's hard", it actually means, "I'm not strong enough to fight for it". Stop saying it's hard. Think POSITIVE! Any obstacle you come across in life or in business can be overcome with a POSITIVE attitude! Business financing help is one call away! We do all the legwork for you! … [Read more...]
