Hub You - Finance

Financing the Acquisition or Expansion of a Small Business through the SBA 7A Program
Recently a prospective client visited our office and was inquiring about the financing of an upcoming business acquisition. I immediately inquired whether the business opportunity that he was contemplating also came with real estate or was it only the purchase of a business opportunity consisting of good will, Furniture Fixtures and Equipment (FFE), work in progress. and, the client/customer list.He immediately responded that it was only a business acquisition along with two five year lease options.As a commercial financial broker I immediately realized the scene was set for a typical SBA 7A loan. Typical is probably not the best word becaus

he do-it-yourself-at-all-costs folks. They believe that nobody can do things as well as they can. Winners, however, understand the importance of synergy (1+1 = more than 2). Winners assemble a team.

Database Marketing - in Search of Statistical Significance
The goal of database marketing is to increase marketing efficiency & Customer lifetime value, with the smart use of Customer data. In example, use Customer data to identify Customer groups, which would yield high response to offers, in order to address them directly.Database marketing is based on Customer information related to: • Customer behavior • Customer profile & demographicsBased exclusively on behavioral information, one can classify customers into RFM (recency - frequency - monetary) or RF cells. The goal is to identify Customer groups with high expected response rates. Different RFM cells are expected to provide significan

Imagine if you will that you are NASCAR driver. (Now don't overextend this metaphor-just go with the flow!) You start the race and put the pedal to the metal. The crowd is flying by in a whirl of colors. You're exhilarated by the speed. You're starting to pass some of the other drivers. You are feeling pretty confident about this race. "Eat my dust!" you yell to no one in particular. Just when you're at the top of your game, you suddenly realize your fuel is getting low. You pull over to the side, turn off the car, get out, refuel it yourself, get back in and restart the car, and off you go once again, having lost valuable time.

A few laps later and things are looking up. You're starting to cut down some of the lead that the other cars have had on you. Next thing you know you blow a tire, which you had forgotten to check at your refueling pit stop. So once again you exit the race, turn off the car, get out, change the tire, get back in and reenter the race. Now you're only 30 laps behind, but you think, "This baby's got power-no problem!" You hit the gas pedal and try to make up for lost time. After only a few laps, though, you're low in fuel-again! Once more you exit the race and refuel your car yourself. As you watch your competitors flying by, you are beginning to realize that this is a race you cannot win.

You compare yourself to the winner of the race and wonder what the difference is. Is it your car? No, it's the same model as his. Is it his accessories? Wrong again. You've got everything he does. Is it your skills? Who knows? You seem to drive just as well as he does. Then what seems to be lacking? He must have something you don't. You rack your brain and finally conclude that the only thing he has that you don't is a "small" thing called a TEAM. His team takes care of his refueling and tire changing and all those necessary details, allowing him to focus on the task at hand - winning. You, on the other hand, have been trying to do it all yourself.

A team makes all the difference between winning and losing. The losers of this world are those people who take it upon themselves to do everything single-handedly. These are the do-it-yourself-at-all-costs folks. They believe that nobody can do things as well as they can. Winners, however, understand the importance of synergy (1+1 = more than 2). Winners assemble a team.

7 Different Fundraiser Letters
Fundraising letters come in many varieties. Before asking your copywriter to draft a fundraiser letter for your organization, perhaps you might want to consider the possibilities (credits go to Mal Warwick, an acknowledged master of fundraiser letters):1. An ACQUISITION letter is sent to new a new list of prospects who have never contributed any donations to your organization.2. A WELCOME letter goes to those who have just joined your organization or sent in their first donations. A warm little welcome message goes a long way in terms of donor or membership loyalty and interest.3. A SPECIAL APPEAL letter urges your donors to contribute

elf, get back in and restart the car, and off you go once again, having lost valuable time.

Online Auction Sites: Oh the Possibilities!
Online auction sites are set up in such a way that they can be very profitable both for you and for the auction house itself. But, what most people do not realize is that there is a world that is beyond that of Ebay! Yes, there are many other online auction sites for you to consider. Take a look at your options and see just what they offer you before you get started bidding on the web.Let’s face it, Ebay is the largest online auction site. It has become so very successful because of its vast marketing plan and the ease of use it offers users. Everyone knows that if you can find something in the local retail area or you can find it online that yo

to make up for lost time. After only a few laps, though, you're low in fuel-again! Once more you exit the race and refuel your car yourself. As you watch your competitors flying by, you are beginning to realize that this is a race you cannot win.

Having Trouble Doing the Right Thing
It is easy to get sidetracked in life and business by conflicting values. You can think you are doing the right thing and later you can feel terrible as you look back on what seems like a big mistake.When your values are not in alignment you can never really do the right thing. That’s because values that are not in harmony will cause a clash somewhere in your life: Like my friend Dolly:Dolly loved her parents, and her parents loved her. Dolly respected her parents but it seems her parents didn’t really think Dolly was very smart, pretty, or capable. So they tried to prepare her by letting her know that she would never be able to do things

lacking? He must have something you don't. You rack your brain and finally conclude that the only thing he has that you don't is a "small" thing called a TEAM. His team takes care of his refueling and tire changing and all those necessary details, allowing him to focus on the task at hand - winning. You, on the other hand, have been trying to do it all yourself.

College - Student Loans
In this article we're going to discuss the topic of student loans and what a parent needs to be careful about.Let's face it, sometimes your kid just isn't smart enough or you're not poor enough to qualify for a scholarship or financial aid. Yet, when it comes time to pay for your kid's tuition, you just don't have the money. So what do you do?In these cases the only recourse, unfortunately, is to apply for a student loan. Well, before you get yourself in over your head, there are things you need to know about student loans now so you're not surprised later on.Even if you're well off, tuition rates are insane. The average yearly tuit

he do-it-yourself-at-all-costs folks. They believe that nobody can do things as well as they can. Winners, however, understand the importance of synergy (1+1 = more than 2). Winners assemble a team.

How do you win the Super Bowl, Stanley Cup, World Series, NBA Championship, World Cup, or any other athletic event for that matter? With a team consisting of coaches, players, staff, and a whole lot of other supporting people. Nobody wins on his own. A great coach is nothing without great players. A great player gets nowhere without a great coach (and probably a great agent, too!). Great coaches and players can do nothing without facilities and the people to take care of them; without doctors and nutritionists, physical therapists and other sports medicine professionals; without team owners and financial backing from advertisers. The list could go on endlessly.

You see, everything you do is inherently connected to a team: eating your food, reading your newspaper, buying a home, driving to work. Think about all the teams involved in each of these situations. In fact, the world is so dependent on connections that we cannot function without teams. And yet when it comes to money that is exactly what many of us try to do. We think we know everything we need to know about handling our finances, and no way are we going to pay someone to help us, even if it nets us more in the long run.

Like the winners of the world, the wealthy of the world assemble teams to help them build their financial futures and keep them. The wealthy see their team as an investment, an investment to protect their investments, so to speak. Their team consists of (but is not limited to): a good honest attorney, a tax consultant, an accountant, and many others whose job it is to keep them [the wealthy] wealthy.

So, how would you go about building a team whose job it is to lead you on to financial victory? The first place to start is a mentor, who is probably the most important part of your team. A mentor is someone or something that guides you along your path to wealth (and presumably he or she has already walked that road). Mentors don't have to be actual people (although this is extremely useful for feedback and one-on-one support). Mentors can also be books and other information. Experiences can also serve as mentors. You may have many mentors at different points in your life; often they show up just when you seem to need them. Mentors can also be key to introducing you to other potential team members, such as attorneys, planners, consultants, investors, accountants, etc.

Using a team to achieve your goals is really much simpler than doing it yourself. Nobody can know everything about eve

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My goal is to completely move online with all of the applications I use to do my job. I am missing the following applications: Photoshop, Quicken and Quickbooks are all that are left. Then, I am free to use a super cheap PC or Mac to do my work.

Five Fiducial franchisees were right in the thick of things when Hurricane Katrina devastated the U.S. Gulf Coast and are experiencing first hand what it takes to rebuild a small business that has lost everything.

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