The real deal is this. No one knows the terms of these contracts. For example. 1. No money down, payment due in 12 months, or 16 months or what ever time frame?. Interest rate on past due accounts? Maybe A/R is rising because SB’s standard contract gives a car dealership ample time to sell product before being obligated to pay. A common sales technique in some of the most power and successful companies in the world. A technique that leaves any buyers feeling safe in contracting with your business. Holding others debt is POWER and while AR builds in the beginning receivables eventually catch up. Especially as your market share builds you strengthen and shorten the terms of your contracts. Remember if SB is nothing else, he’s a great salesman. These are “100’s -of thousands -of- dollar” contracts. Car dealers would not sign on the dotted line unless they have some sort of safety net. I suspect that safety net is built into the terms. Some of you are treating these contracts like they are $100 or $1000 deals and they should be paid in 30 days. Get real!!!. Try $100,000-$500,000. For all we know they have 24-36 months to pay. Either way though, they are contractually obligated. And believe you me...they have the money. So it will turn into cash for ONCI according to the terms. ( which none of us know ).
In today's era, technology has revolutionized sectors, including the mortgage referral program industry. By harnessing technology's capabilities, mortgage referral programs have become more efficient, streamlined, and accessible. This article will delve into how technology plays a role in these programs and its advantages for both lenders and customers.
Streamlining Referral Procedures:
One of the benefits of incorporating technology into mortgage referral programs is streamlining ... Continue Reading
Category: BusinessTotal Views: 120 By : EditorUpdated: 05-28-2024
Email is undoubtedly the main channel of communication for businesses, nevertheless, many encounter the problem of finding their vital messages in junk folders. Such can create a barrier to communication and to the effective performance of business representatives. Also, it can lead to reputation damage. Learning why emails get into spam as well as what to do to stop it is a vital thing to learn because lots of emails never get to their destination due to spam. Here are seven common reasons your... Continue Reading
Category: BusinessTotal Views: 103 By : EditorUpdated: 05-28-2024
The outsourcing approach can significantly transform your business’s operational dynamics. It is an effective strategy as your business advances through different stages. The global market mainly focuses on effectiveness, productivity, and expansion. For this reason, there is a growing number of small enterprises that outsource functions to enhance the quality of their connections with their customers.
Although outsourcing can boost your business, you should carefully consider the short... Continue Reading
Category: StocksTotal Views: 134 By : EditorUpdated: 05-28-2024
Introduction
Renewable energy is slowly becoming a new norm across the world mainly due to a rise in consciousness regarding climate change and policies as well as technological progress. In 2024 and the subsequent years, the investment in the green energy sector is expected to present promising investment prospects. In the article below we aim at delivering the potential investors with the panoramic view of the green energy sector in terms of the current state, trends, key players, and inves... Continue Reading
Category: StocksTotal Views: 118 By : EditorUpdated: 05-28-2024
Canopy Growth Corp. (NASDAQ:CGC) Executive Summary
Canopy Growth Corporation (NASDAQ:CGC) is a company that has managed to find a place for itself in the ever-growing cannabis market. It stands out due to the variety of its goods and services as well as strategic partnerships that it has established. The company however had its own share of difficulties such as being regulated strictly and experiencing huge changes in demand. This document contains detailed information about Canopy’s fi... Continue Reading
Category: BusinessTotal Views: 102 By : EditorUpdated: 05-28-2024
Introduction: Key Trends in 2024
As we make our way through 2024, the landscape that small businesses need to navigate changes just as quickly. Small businesses continue to evolve and adapt in response to an ever-changing marketplace, influenced by technology advances and shifts in consumer behavior. Below we discuss and go over 10 important trends for small businesses in 2024.
1. Digital Transformation
The Evolution of AI Tools and Integration
Artificial Intelligence (AI) is no long... Continue Reading
Category: StocksTotal Views: 163 By : EditorUpdated: 05-28-2024
Mullen Automotive, Inc. (NASDAQ: MULN) Executive Summary
Mullen Automotive, Inc. (NASDAQ: MULN) is an innovative Nanotech Energy Company focused on the manufacturing and distribution of electric vehicles along with developing and pioneering solid-state polymer battery technology. Although it is operating with a fresh take, as well as having recently formed key Strategic Alignments, Mullen Automotive has an established process of significant unpredictability and liability in its financial outp... Continue Reading
Category: Real EstateTotal Views: 228 By : EditorUpdated: 05-27-2024
Introduction: Understanding Rising Interest Rates in 2024
The CRE market is an operative and volatile industry that depends on several factors that reflect and determine its performance: one of the most significant ones is interest rates. Finally, as from 2024 there is a relatively high risk of raising interest rates that has an impact on investors, developers and other participants of the CRE market. This paper focuses on the scenarios and impact that the rising interest rate trends pose on ... Continue Reading
Category: MarketsTotal Views: 312 By : EditorUpdated: 05-27-2024
Introduction: Sector Performance in May 2024
As we turn the page on May 2024, investors are eager to hear which sectors are on the up or down, and which might still be troubled by wind in their face of a new month come. Various data, persistent inflation as well as the Federal Reserve's unpredictable signals were major factors in how May unfolded for various sectors. The S&P 500 fell by 4.16% in terms of returns – clearly investors are faced with an ever-changing environment. Th... Continue Reading
Introduction: Setting the Stage for Financial Success
As we quickly move into the second half of 2024, it is the perfect time to come up with new plans to achieve your financial goals. It is widely acknowledged that personal finance tends to involve the allocation of money over time toward the purchase of financial goods and services that meet an individual's needs and help him or her achieve personal goals and objectives. Here are the major financial goals that you should consider for th... Continue Reading