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New Year, New Hope: Plan to Get Ready to Surf the Big Wave
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First of all, I would like to apologise for not posting in this past few days.
I’m not being lazy, but actually I spend more time with my family and ‘trying hard’ to cut myself from the Internet, including blogging.
In my free time, instead of blogging, I create mini plans that will guide me throughout 2009.
If you haven’t got any plan for 2009, I urge you to start right now, as planning is very, very important.
My 2009 focus - ready to surf the big wave of economic recovery!
Why planning is essential
To me, planning is like setting up your own carrot to chase.
What’s amazing about human being is, that we are adaptable in every situation and in each of us, there is a always an urge to get more with less effort.
Some of you wouldn’t agree with me. “No! I like to earn what I receive - so I’ll work hard for better result,” you say. I’ll say, “Yes, but wouldn’t it be wonderful if you get more with less effort, and focus the extra free energy to achieve more in life?”
‘More’ is not all about money. ‘More’ is all about your vision, desire and goals in life. ‘More’ could mean giving back more to the community - Like Oprah’s Big Gift, for example. ‘More’ could also mean more time for your family. And so on - There are many other things in life NOT related to making more money.
Eventually, planning makes your effort more focused on what’s important. Master your planning will bring you to business opportunities and many more!
The best bet is to create mini plans
I love mini plans - they are more achievable and reward you in every small achievement you make.
You can start with mini plans of many, if not every, facets of your life - your personal finance mini plan, your relationship mini plan, your business mini plan, your investment mini plan, your personal endeavour mini plan, and so on.
The possibilities are limitless, really.
Here’s some of my plans… ‘Care to share yours?
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The Pros and Cons of Business Cash Advance
(1 votes, average: 5 out of 5) Loading ...There are practically numerous methods to fund your business, short term.
Short term business loans are needed if your business is in need of immediate cash. Some examples would be purchasing equipment, store remodeling, and even paying off debt.
The most common way to fund such short term business financing need is bank loans and borrowing from relatives.
Bank loans involves collateral, or if not, a form of personal guarantee. With the today’s tightening credit control practiced by banks, It would be difficult to obtain a loan these days.
Borrowing from relatives might be your best bet. However, in my opinion, borrowing from relatives is a more difficult and riskier than a bank loan. How come? Simple - you put your relationship at stake, and a single problem with your payback will put a strain in you relationship that could last for a long time.
Alternative funding: business cash advance
If you run a small business with a good amount of your business transaction are credit card transaction, business cash advance could be the solution for you, especially when bank loans and relatives funding are difficult to obtain for some reasons.
Business cash advance is basically a form of lending, which lenders pay borrowers a fixed amount of cash now, in exchange for a fixed percentage of the borrower’s future credit card transaction value until the contract is fulfilled.
Just like any other small business loans, there are pro and cons with this kind of business funding.
Pros of business cash advance
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