Flat Broke? Find Immediate Help with Rapid Auto Loans

Gina Sperry was a single mom with 2 kids. She works a full time job and does as much as she can over the weekend with the kids. She needs to be able to complete her chores as quickly and easily as possible. A few weeks ago, after coming back from one of the kids football practice, she started to do a load of laundry. She had a huge pile of dirty clothes piled up on the laundry room. She wanted to start a load while she got dinner ready. But as she turned the knobs on the washer, she noticed they felt a little loose. They had too much give or wiggle room. The washer was not responding by turning on and filling with water. It was just sitting there. She pushed and pulled the knobs and even giggle the washer a bit. Nothing was happening. After 10 minutes, she realized that her washer was broken. And while she could drive a few miles away to the laundry mat, haul loads of clothes and wash them in an expensive public washer. That was not a chore she wanted to do. She would have to haul lots of wet clothes home and try to dry them. The thought of doing that week in and week out made her feel exhausted. She knew she needed a new washer, but she did not have much money saved up and all of her credit cards were maxed out. She didn’t know what to do. Then she heard about Rapid Auto Loans and decided to give them a call.

Everyone has emergencies. The children get hurt and need extra medial care. Your business may even need a little help. Theses are the most common life emergencies: 1) Divorce – there is paperwork, moving, and updates around all your accounts. 2) Natural Disasters- they usually have large repair costs associated with them 3) Death of a spouse- there are an entire new set of financial obligations that come up. 4) Job Loss- there are so many readjustments that you will need to make if this happens to you. Rapid Auto Loans provides customers with THE ABILITY TO TAKE CASH out of their car regardless of their credit history. Borrow money TODAY based on the value of the car you already own. We provide customers with the ability to refinance a used car loan quickly with no hassles and great service regardless of your credit history. When you work with Miami area Rapid Title Loans, you can keep the car and the cash!

• Apply online for a loan and be approved today.
• No pre-payment penalty.
• You pay interest only for the time your loan is outstanding.

Credit Card Wisdom

Thinking about a credit counselor? Think again. Many entrepreneurs seek out information to get out of debt and find credit counselor scams. Here is how the scam works. They pay for articles to be posted on blogs with links to their pages. You read the article and feel like you got some great information. Then you click and follow the link. The link takes you to a fancy webpage which promises to make your credit problems go away. They either don’t do much or they give you more headaches. If you use a credit counselor use one that is local to you. Visit their office. Find other people who have used them and were happy with the results.

These scammers give you advice like- reduce your costs. Of course, you know to reduce your costs. You have cut back as much as you can. There isn’t any more to cut back. You need a different kind of help. Or you need an increase in income. If you have your own business, you can use a program like Double Your Revenue. This program teaches you how to increase sales in your business. If this is a program you would like to hear more about just text, DOUBLE to 909 235 9744.

They give you advice like update your budget. Most people do not have a budget or are not on their business if they are having a lot of difficulties. It’s pretty hard to budget when there is no money. Consolidating your loans is not an option for people who are in trouble with their creditors. Increasing your income is a great strategy. You can pay more bills with more money coming in. But you have to learn how.

    

5 tips to manage cashflow and improve business costs

5 tips to manage cashflow and improve business costs

Whether planning a start-up or reviewing financial management and operation of an existing business, there are usually two questions at the forefront of the mind: how do I manage cashflow best? And how do I keep business costs low?

To list down every recommendation, trick, piece of advice, process and consideration to address these fundamental areas of business success would require an extensive textbook… so this article offers five quick tips to establish control over your cashflow and business costs, and the impact they have on your profit, survival and growth:

1. Invoice smarter

Slow-paying customers can present a huge issue for small businesses in particular – especially when those businesses are experiencing the same issues as your business and waiting for their own cash to come in. It can be a tricky cycle.

Ensure your invoicing process is streamlined, invoices are promptly mailed out and the invoice content is clear and easy to read. Simple omissions such as failure to include purchase order numbers and payment terms can bring on setbacks and delays.

Assess whether your business is able to go one step beyond and make the payment process easier and faster for your customers.  Electronic payment systems, or discounts offered for rapid payment of invoices, can speed up transactions and may also improve processing times on your side.

2. Negotiate

Just because a price has been quoted, or you have been paying the same rate for years and years, doesn’t mean that is what you have to pay.

Work hard to negotiate with your suppliers since many are willing to discuss pricing and rates (they want to retain your business after all!)

Every little bit might just help – whether addressing standard utility overheads such as energy and phone bills, or working to pay less for the office stationery  – it could have a significant impact on your bottom line.

3. Get close to your accountant 

Many businesses, particularly smaller ones, look to liaise with their accountant only at a time of need.

A solid accountant can provide invaluable advice and serve as a useful resource, sharing knowledge, insight and recommendation all year round.

Services such as cost management, profit management, investment, funding consultancy and general check-ups can help you keep things on track and optimise the health of your balance sheet.

Build a regular relationship and dialogue with your accountant to drive smarter business decisions, higher profits, reduced taxes and improved cash flow

4.  Explore alternative credit and funding options

A wide range of alternative funding solutions are available in the market – non-bank lending is now at its highest in five years as more and more SMEs recognise the benefit of short-term, affordable cash flow solutions.

Beyond the company credit card, hire purchase agreements, leasing arrangements and overdrafts – cash flow products such as crowd-funding and invoice finance could provide much-needed cash and capital to help you manage seasonal demand, or the challenging peaks and troughs of delayed customer payments. If you have followed the previous tip and have a good accountant, they will be full of advice and recommendation on the best path for you.

Overdrafts, premium funding, lease facilities and cashflow funding products such as factoring can all be excellent tools to help match cash supply with outlays. These arrangements take time to set up, so you need to be prepared in advance.

5. Plan, plan, plan – and stick to it

Heavily monitor your balance sheet and your cash flow budget.

The continual review and action planning for the credit you arrange, the bills you pay, how you pay those bills, and when your payments are coming in are all critical for the survival of the business.

It is important to revise your cash flow budget periodically which an accountant can assist with and deliver as an automated, streamlined process. Simple exercises such as payment prioritisation, strategic management of credit terms, weekly cash flow projections and payment collections all form the foundations of the dynamic accounting function of a business.

A solid system in place such as this will also allow you to plan for lean times and schedule purchases and allocation of capital when you need it most.

About the Author: Beth Nicholas is a professional writer for Plus Accounting – chartered accountants and providers of business financial services based in Brighton, England.

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