Getting past credit
OK you’ve now made the big decision to replace that old plotter printer and have found the perfect machine to replace it with. The next task is to get financing, if you haven’t applied for any credit lately you will no doubt find that lending criteria has gotten a lot tougher so in this months article I will try to give you some tips on getting that credit application approved.
Interest rates on the run
There is has been a lot written and said of late about whether the economy is recovering or still sputtering either way it is almost certain interest rates have bottomed. In the case of rates for equipment financing you will probably find they have already started to rise.
To Rent or Not To Rent
For the last ten years Rental and Operating lease have been a popular and effective way to finance the purchase of new equipment. This month I am going to highlight some of the advantages and disadvantages of entering into this type of financing facility.
The small business 50% depreciation tax break, how does it work?
If you are a small businessman like me chances are, the additional tax deductions offered by the government for the 2008-2009 tax year were not of much help given that you have to have had some profit to get any real benefit. Now that the disaster that was the 2008-2009 tax year is over its time to start thinking positive and planning for a recovery.
Geithner, China, and the spectre of technical insolvency
by David Kotok, Nouriel Roubini and Elisa Parisi-Capone
This week I bring you two different articles as an offering for Outside the Box. As a way to introduce the first, let me give you the quote from Merrill Lynch economist David Rosenberg about the rising threat of global trade protectionism:
Forecast 2009: Deflation and Recession
John Mauldin is a best-selling author and recognised US based financial expert who writes for the benefit of investors, both personal and business investors. He is also editor of the free Thoughts From the Frontline that goes to over 1 million readers each week. For more information on John or his FREE weekly economic letter go to: http://www.frontlinethoughts.com/learnmore
This is republished from his January 10th 2009 newsletter
Latest Sydney credit card scam
Protect yourself by reading this warning. It's pretty slick since they provide YOU with all the information, except the one piece they want. You can also check the Motley Fool website, a commercial website about personal finance for additional tips on how to avoid credit card scams.
Practical advice for SME Australian importers
By Clive Isenberg
Importing from overseas markets can be a daunting prospect, but a very rewarding one if implemented with a long-term strategic focus. For many businesses the decision to consider importing can be the start of a business initiative, a necessary addition to facilitate growth or a strategy to positively impact its bottom line.
New finance option for the Visual Display industry when buying from China
Octet, an Australian working capital financier, has created a unique opportunity for Australian importers to expand business transactions in China, while minimising time and expenditure.
Will you Survive? Driving your business to prosperity in lean times
By Glen Chapman
It is always good to anticipate tough times ahead, even if they are not so tough. So what can we do to protect our business in a tougher climate.
Do It Now! - Year end task list
By Glen Chapman
Even though the financial year has started, it is never too late or too early to start the financial year off on the right foot. The following activities will get you started along the road to a great year for your business.