Reducing Prices in the Recession is Not Always the Answer

Government cuts have created doubt in the minds of many businesses and consumers, but reducing your prices is not always the answer.

Government cuts have undoubtedly been at the forefront of dealers’ minds since the raise in VAT from 17.5% to 20% was announced, along with other spending cuts that will undoubtedly be painful for many consumers, and in this case when searching for the best vehicles and the best car loans. Since 2008 when the recession dawned upon us, many businesses have reacted by adopting a price led structure whereby to get customers in the door, discounts and price promotions are offered so that the most suitable cars and loans are offered to gain competitive advantage.

Consider how this affects the long term productivity of a business. Discounts may see a rise in sales now, but this can have an effect on your brand in the future. If customers perceive you as a low cost provider in the vehicles you sell then over time your brand can become devalued. Given this, it is extremely difficult to raise prices again as consumers simply won’t pay it.

If your business bases its selling point around being a low cost provider however, then you have already accepted that your prices will always be low; but if your business sells quality goods in a quality environment then lowering prices to overcome the recession can cause long term damage.

Consider other strategies that are not price orientated. For example, improving customer experiences and understanding exactly what your customers want can be a better model for the future of your business. In many cases customer experiences play a larger role in sales success than the actual product being sold, so it is no longer about offering the lowest cost car of finance but rather about what you can do to make the process easier for your customers. If you can make a customer feel special and secure then you are more likely to add value to your business in the long term and generate sales, and your customers will walk away feeling positive about their experiences with you. Above all, innovation is a success driver. Continuously consider new ways to create a customer experience that makes you stand out from the crowd, and a means for customers to remember you. During a recession, only the best survive. To help you bring innovation to your dealership, Carlyle Finance have created a link for you to use on your website to help make the customer experience easier and more special, giving them all the information they need, helping them decide the best car financing option for them. Take a look at the site at . …

Personal Financial AdvisorEconomic advisors help folks make sensible decisions with regards to income management. Do not choose a economic advisor or CFP strictly primarily based on their historic returns: this could prove very costly. A bachelor’s degree is required for personal monetary advisors although lots of also receive a master’s degree in finance or company administration Some personal monetary advisors also obtain a specialist designation.

Courses in estate planning, danger management and investments are also beneficial for individual financial advisors. So these people today can be referred to as financial advisors, wealth managers, investment managers, monetary planners, monetary life coaches, all these types of things.

Though they present equivalent solutions, independent economic planners, and those who are aspect of a bank, may give a different encounter. Individual finance is a broad, complicated, and ever-altering field, however just about anyone can contact themselves a financial advisor.

Smaller firms that manage clients’ investments typically require advisors to be registered with state regulators, though larger firms mandate that their personal financial advisors be registered with the Securities and Exchange Commission (SEC).

If you happen to be somebody who just barely tends to make an advisor’s minimum needs, or the advisor ought to make specific arrangements or waive minimums to accommodate you, sooner or later, you may uncover that you are not receiving the attention and individual service that you need to have and deserve.…

Make Huge Savings by Remortgaging

Your Mortgage Remortgaged.

Remortgaging is one of the simplest methods to save huge amounts of money, remortgage is selecting a better mortgage lender to the one you have at the moment and it simply means dumping your existing lender because you now have the opportunity to reduce your monthly payments.

Make Huge Savings by Remortgaging

Remortgage now to achieve reduced payment

Remortgage now to raise money (release equity in your property)

Cost involved is known as the remortgage fee. Building Society and Banks enjoy competing for customers and so they should, as this practice/competition to fight over our custom certainly allows us the end user to select the best they have to offer.

The fastest way to achieve the end result (best deals) is by way of seeking professional advice based on individual circumstances this can be done via our website any time.

3 great Remortgaging tips

1) Your current mortgage

a) Check your recent statement for your balance and the interest rate.

b) Check with your lender to establish an exit fee and establish if there are any early redemption charges.

c) Whether your in any promotional period.

d) When will this period expire and what adjustments you will need to make when it does expire as far as the monthly payments are concerned.

2) APR? Work out benefits of remortgaging

a) Calculate the interest being charged on the deal your in now.

b) Calculate the interest being charged during any promotional periods

c) Now compare and understand the results

Let us say that you have a A50,000 mortgage outstanding and a saving of A1000 a year can be achieved by adopting a lender by remortgaging at a lover interest rate.

3) The fee

a) From point 1b and taking any valuation, arrangement and legal fees

b) Remortgage (most) also means inclusive as most remortgage deals offer free services, infect these services are incorporated within the deal

Sourcing the best deal (exposing the secrets)

Look, its hard work to source out the best deal on the market, you are well equipped with the above 3 tools to work out and compare.

Banks and Building Societies apply the above methods to calculate and present many different mortgage/remortgage packages some inclusive and some exclusive deals, variety of charges/fees, conditions and the small print, all this makes it hard work to compare deals yourself.

FSA approved professional advisor is the perfect person to help you walk through the maze, he/she can certainly find you the best deals on the market.…

Tips in Securing Venture Capital for Your Business

Are you planning to build your own company, but hesitant to do so due to lack of funding? Do not know where to get funding for your business? If so, then, this article is for you. Read on to gain tips on how to get the needed capital for your business.

With the onset of recession and with the strict policies that most financial institutions have, it is difficult for you to obtain the needed capital to start-up your proposed company.

Not all business enterprises can survive without venture capital (VC) or seed capital. You need this type of capital to keep the company running, to finance product innovations, expansions and research developments. There are numerous sources of seed capital for your business, but before choosing one, you must weigh in their advantages and disadvantages.


With seed capital, you do not need to pay back the company’s investors if the firm goes insolvent or bankrupt.

You do not need to pledge the business properties as collateral when you need to obtain a loan or equity

With sufficient seed capital, you look better to investors and lenders

You have more cash available and does not need to make debt payments.


You need to transfer share and ownership of company profits to other investors.

Other business owners or stakeholders may have different ideas on how the company should be managed and run.

Payments made to investors in corporation type of business are not tax-deductible.

Not at all times that stakeholders need to raise this type of capital, but there are scenarios in companies that you must consider before deciding to raise the said funding like:

You can raise VC if you are working with a prototype and need additional funding for the completion of the project or to construct a manufacturing facility.

You need additional VC if you are planning to expand your company due to the growing demand of your product or services. You need additional capital to hire additional employees to increase your production and to manage your branch offices in other territories.

You need more funding if you intend to acquire your rival companies.

Sources of VC:

Credit cards – it can be an ideal source of additional capital if considered wisely because if you failed to pay your amortization on time, then, you are at risk of rising interest rates.

Supply chain financing – your supplier, manufacturer or distributor can also issue the needed loan or line-of-credit.

Small business administration (SBA) microloans – it is a small and short-term loans usually used to finance equipment and supplies purchases.

Grants – is one of the difficult funding to obtain because these are usually given by state or local government.

Personal savings – your own personal money. By using your personal savings, you can own 100% of the firm’s equity. It is considered the most ideal source of financing because you are only liable to yourself.

Friends or family members – you can also consider borrowing …

Independent Financial Suggestions Hackney

Independent Financial AdvisorsNow, far more than ever, financial advisors are deciding on to move from the wirehouse firms to independent models. Ahead of you decide on your financial advisor, make certain that their designation is held in very good standing”, and that they have no history of disciplinary action. If you are searching for infrequent guidance, commission-based advisors provide a excellent way for people today with significantly less disposable income to save.

Advisors who work at a bank or credit union are tied to their company’s goods. This is the view of Wouter Fourie, director at Ascor Independent Wealth Managers and the Financial Planning Institute’s (FPI’s) Financial Planner of the Year 2015/16. Interestingly these networks usually co-create robo-tips services that are accessible to all monetary planners in the network, he says.

Also, several advisory firms permit their advisors to speak to their existing consumers when leaving the firm in order to let them know when the advisor is leaving and to where they are moving. Although they give equivalent solutions, independent economic planners, and those who are aspect of a bank, could supply a diverse encounter.

When browsing for a planner or wealth management professional, appear for someone with a CFP (Certified Financial Planner) or an RFP (Registered Monetary Planner) designation. Paying your monetary advisor hourly can perform nicely – if you will basically follow through on the guidance they present.

When I travel to conferences, the lack of expertise by some of these advisors/brokers, some who even practice as independent fee-based advisors, astounds me. Like me, they got a securities license and have been sent out to sell. E-mail Column: Having monetary suggestions is a excellent thought, but check the modest print”.…