Looking for Debt Financing? Don't Ignore Working Capital Funding Sources

Looking for Debt Financing? Don’t Ignore Working Capital Funding Sources

We’re not shocked – You won’t be either – a newly released U.S. survey by CFO Magazine stated that cash flow and working capital and accessing working capital funding sources were the most important concern of the financial manager.

Welcome to Canada! We are convinced we are in the same boat even as we talk to clients seeking alternatives to debt financing and liquidity for companies.

The other key item within the study was that business generally speaking was dissatisfied with their banking relationships – again not surprising.

So many of us agree there is a gap in working capital solutions for Canadian business. Let’s discuss why that gap exists, and, more importantly, perhaps there are alternatives to signing up for more debt financing while at the same increasing cashflow with your firm.

As we’ve written inside the past we always tell clients the most effective program in Canada, bar none in your opinion may be the government small company loan program, which is underwritten by our buddies in Ottawa. Great rates, terms, and structures, as well might you obtain. Well here’s the challenge, this software only covers equipment, leaseholds, and real estate – that’s called debt financing. So bust capital or cashflow is ever going to emerge from that program to your firm. Let’s move ahead then.

We can start by defining our working capital problem by simply saying it does not take daily liquidity within your business that we have been talking about -, the number of funds you’ve in your company that may be liquid in case you didn’t have them tangled up in inventory, accounts receivable, and perhaps prepaid current assets. And of course the ‘double whammy’ also comes in when you have your obligations conversely of the balance sheet, i.e. accounts payable and term loans.…

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The Challenges of Being an Individual Investor in Turbulent Times

The Challenges of Being an Individual Investor in Turbulent Times

Other than the depression generation, I really don’t think there has been a more difficult time for individual investors than right now. In fact, even in my lifetime I’ve seen investing go from a “relatively” safe and predictable venture (good markets in the U.S. will often bring reasonable returns) to a market that can be very unpredictable and unsettling for the average investor. No longer is what markets do in the U.S. a good predictor for what markets will do elsewhere. We are now a nation of investors that must keep our eye on the international scene to truly understand where markets are going. Even with this knowledge, we can be deceived sometimes into thinking we have a handle on things, only to be kicked square in the seat by the unpredictability of it all. Case in point; the recent Euro zone loan to Spain to shore up its teetering economy. If you’ll recall, the market responded very positively to this action the day after, for awhile, and then gradually began to drift south. The Dow ended down by over 140 points that day. You ask, “What’s that all about?” So do I. I might add that the market was up the very next day, according to some reports, because of anticipated stimulus action. Who can figure, right, but this is the environment in which we strive to be successful investors today.

The complexity and mystery that comes to the market with international play is but one variable that faces today’s investor. There are a lot of other variables that didn’t seem to loom nearly so large in times past.

Joe Investor has to be asking himself these days if he is being dealt a straight hand. In other words, is the average investor really playing a game that’s fair …

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Gold-Investment Advantages

Investing in gold is one of the smartest investment choices. Gold is not just valued as an ornamental metal. It is one of the oldest investment solutions. You may invest in gold coins or gold bricks to keep your gold in pure form. It has plenty of benefits that set it apart from other investments. They include;

Gold Investment Advantages

Global Acceptability

  • Global Acceptability

People from all parts of the world recognize and accept gold. Gold is the same in all parts of the world. You can use it to trade regardless of where you are. It is always on demand regardless of where you go. Most other investments are only marketable in certain parts of the world. You can keep our gold or sell it to make high commissions.

High Demand

  • High Demand

The demand for gold is high. It has a number of uses including making different kinds of jewelry. The demand continues to grow for both investors and consumers

Tangibility

  • Tangibility

Gold is a tangible asset. You can see and touch it. Even though it is tangible, it does not require maintenance. It is resistant to weather elements and it cannot be damaged by fires. With gold, what you see is what you get. You do not need to sign contracts or do anything else to use your gold.

It Takes Up Little Space

  • It Takes Up Little Space

Gold does not take up a lot of space. A little amount of gold has a high value. You can make huge profits from gold that fits in the palm of your hands. It is possible to store it discreetly a home or in safe deposit boxes at the bank. You can easily travel with your gold.

History of Holding Value

  • History of Holding Value

No matter how old your gold …

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How to Inform In case your Individual Finances Are Out Of Control

Struggling below a mountain of debt is no exciting, however it can be a way of life for many who usually do not hold their individual finances in balance. Some people ignore warning indicators that they genuinely really need to regain manage of their finances till it really is as well late. Listed here are some speedy approaches to tell for those who are in danger of getting buried by debt, in addition to some tips on the way to take charge of your income problems.

Have you ever taken a cash advance on one bank card in order to make the minimum month-to-month payment on a further card? This means that your debt load is way also high, and also you need to obtain a technique to bring it down speedy and restore order for your individual finances. Do whatever is necessary, whether it is actually taking a part time job or just limiting spending to bare essentials till your economic picture improves. Commit to paying off the cards together with the highest interest rates 1st, if achievable, and also the ones together with the lowest balances if it really is not. Set a particular time limit, for example six months, to reach your goal, and comply with via on your commitment to manage your finances. And usually do not add any new charges unless it really is literally a matter of life and death.

Have you ever taken a money advance on a bank card to create a bank deposit to ensure that a check will not bounce? That is equivalent to using one card to spend another, only worse. This means your finances are so out of manage that it is essential you obtain a resolution. Maybe you’ve got not been reconciling your checking account on a …

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How To Employ A Nanny In Canada

FinanceGlobal Monetary Crisis is the worst crisis because the Wonderful Depression. It produced fundamental modifications in the structure of labour-market.

Many of our little company customers use QuickBooks for their accounting and economic demands as it pertains to their businesses. Although I cannot say if this application is adequate for your economic needs, I can say that it is very a strong tool and comes in numerous varieties. I do not consider QuickBooks is necessarily a replacement for an Accountant but it is a very good supplement.

The purpose why you should call the dealership swiftly is this. The longer you delay the dealer assumes you are using the automobile. This would undoubtedly make it much more challenging to cancel the car loan. If you are rapid to get in touch with the dealership, and be genuine adequate like I said, you can be allowed to cancel the loan easily basically as a matter of returning the funds.

Be ready to cut fixed & non-discretionary expenses and accept a lower salary. You have to be ready to lessen all fixed & non-discretionary expenses. The longer you keep unemployed, the far more drastic your measures will have to be. Probabilities are your subsequent job will also have a reduce salary simply because you are not in any position to negotiate for a greater spend. It’s desperate times as soon as you have to commence drawing on your emergency fund no matter how large it is.

A security net may possibly be required for many of the under-employed and overly leveraged. In fact, the efforts to keep people in legacy” jobs and to place families in residences to make their life better may have resulted in a entire generation of individuals getting excluded from the mainstream. They are going to require some …

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