Steve Marr Blog

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Category >> Planning
Apr 10
2012

Prepaid Customers: A Source of Financing

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When a business requires capital; most will use personal savings, cash from other investors, or a bank loan for funding. An often overlooked method of financing is obtaining loans from customers. Customer loans may seem counter intuitive; however, businesses use this method more often than most realize.

Feb 17
2012

Advance Planning: A Personal Story

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Recently I required surgery to repair my left shoulder rotator cuff. I developed a bone spur that contributed to one full muscle tear and a partial tear on another. I can’t trace the injury back to any one event. I started having some discomfort last September and mentioned it to my internist during an October checkup. I started physical therapy with no results.  Then, an MRI revealed the tear and I was referred to a shoulder specialist.

Dec 26
2011

Pay a Price for Enhanced Productivity

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New computer software, machinery, or just new business processes may cause short-term difficulties. King Solomon wrote, "Where no oxen are, the manger is clean, but much increase comes from the strength of the ox." (Proverbs 14:4, NASB) 

Sep 02
2011

Network, or Multi Level Marketing

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From time to time I receive questions regarding participating in Multi level marketing programs from readers. You can read an earlier article here: http://bit.ly/qWM3LD .

One major negative is when you build a clientele and decide to leave for any reason; you are unable to sell your customer list. The value of the customers reverts back to the company. Any investment of time and money is gone.

A positive is you can be in business literally in five minutes. Being in business is not the same as making money, but you can get started easily.

Mar 07
2011

Pricing When Your Costs Go Up

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One reality is prices are rising for many businesses. You can read my earlier article on how businesses are trying to get ahead of this: http://bit.ly/fqV2bx .

A reality is the value of a merchants stock will rise, and fall with the market.  For example, you order 96 dresses you believe will be hot sellers at $35.00 each. Four weeks later you still have 90 in stock. You discount the stock to move beyond your mistake. You take the loss.