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Recovery or No Recovery? That is the Question.
James Dicks examines the discrepancies of what economists are telling us about a possible technical economic recovery and what the American public is actually experiencing.

Living a Credit-Free Lifestyle
James Dicks examines the benefits of living a cash-only lifestyle.

Financing Tips for Small Biz Entrepreneurs

From start-ups to 20 year old companies, I am asked everyday to help people find business financing for their companies. The answer is usually a function of the type of business, the time in business, the financial status of owners/business and what is needed to be accomplished with the money. I would like to lay out some basic guidelines and considerations when funding is needed. You will see that time in business has a big impact.

Cash is King
In small companies, managing cash is critical. Not managing cash is one of the primary reasons that small companies fail, even when they may be making a profit

Hardship Debt Settlement Taxes explained by Credit Alliance Group
A look behind the scenes about reporting forgiven or cancelled debt as income and how you could possibly be able to not have to pay by declaring yourself insolvent explained simply and directly by Credit Alliance Group

Credit Alliance Group Shows You How To Save Money While In Debt?
Many of us, me included, are in debt and have no savings. While some people tell you not to save money while in debt, the fact is if you don't have money for emergencies, then you will increase your debt by having to turn to your credit cards. Here are some great tips to help you save that emergency money even with debt.

Credit Alliance Group Knows You Need Help With Debt?
Here is a checklist that will help you understand if you need help with your debt.

Financing Your Business In 2010 – 3 rules that have changed
The rules of business financing have changed and will continue to evolve in this new year. But, that does not mean that financing your business will be impossible. It only means that you have to understand these new rules and work within them.

Financing Your Business In 2010
Unlike 2009, finding capital or credit for your business in the coming year will not be easy but not impossible either. As a borrower, you must first understand the new lending rules then work to make your business fit those rules. It is that easy!

What Bankers Look For And Why
There is a plethora of commercial loan products for businesses, small and large. While each may have their own terms and conditions, all lenders ‘first’ must be confident in the borrower’s ability and willingness to repay the loan.

Start-up your small business - 5 steps
Starting a small business can be a daunting task for a new entrepreneur. But, there are a few simple steps that you can take to help ensure your success. Incorporate these steps into your early development and you will be on your way to financial freedom.

Businesses battle for funding as allowance deadline looms
Many small businesses are battling to secure bank funding with only weeks remaining before the Federal Government’s December 31 investment allowance deadline that allows them to claim an additional 50 per cent tax deduction on eligible depreciating assets.

Chicken or the Egg Is it SAVE jobs or CREATE jobs
James Dicks examines the "supposed" effects of the Obama Administration's stimulus package

Create a Personal Financial Survival Plan
James Dicks examines the need to prepare for financial hardships ahead of time.

Diversification is the Key
James Dicks explains the benefits of diversifying your personal financial investment portfolio.

Facing Foreclosure? Listen Up!
James Dicks offers an eye opening account behind the reality of today's housing market as it pertains to foreclosures and banking.

I Made More Money with Bad Credit Paying 18 Percent and 5 Points
James Dicks shares his strategies and methods of making money in Real Estate.

Personal Financial Checkups
James Dicks examines the importance of conducting financial checkups to ensure that you stay on track financially.

Pioneering the Current Economic Situation
James Dicks examins the need for business to be innovastive in order to exit the current recession successfully and profitably.

Remembering the Best in the Worst of Times
James Dicks examines the lives of American show business icons, Michael Jackson, Farrah Fawcett and Ed McMahon

Should you really care about market movement?
James Dicks looks at the movement of the stock market

Sign of the Times
James Dicks compares the Great Depression of the 1930s with the current state of the global eocnomic situation

Success and Failure Are Learning Experiences
James Dicks examines how failure, if treated correctly, can help lead to future success.

The Best Time to Start a Business
James Dicks examines the benefits of starting a business, even in periods of eocnomic downturn

The End is Near?
James Dicks discusses the importance of sifting through the news of the day to find what is important to your personal economic situaiton.

The FOREX and the Recession
James Dicks examines the benefits of investing in the FOREX market, even during times of economic weakness.

The Importance of Goal Setting in Trading
James Dicks examines the need to set solid goals before you invest your money in trading opportunities

The Need for Hopefulness
James Dicks examines the benefits that a positive attitude creates when creating personal goals and getting through tough times.

The next Real Estate Get Rich Quick Plan - Rentals
James Dicks discusses the next Real Estate trend - rental property

The Power of Entrepreneurship
James Dicks examines the joys and difficulties of becoming an entrepreneur.

The Value of Mentorship
James Dicks explores the value of mentorship.

Time for a “REAL" Change
James Dicks discusses the need to structure your personal financial life around cash and to begin saving money - even if it is just the change in your pocket at the end of the day.

Time Management Increases the Team Effort
James Dicks examines the importance of managing your time effectively for your sake and the sake of others

We All Need a Mentor
James Dicks examines the need and the importance of finding the right people to use as mentors in your personal and professional life

Your Most Valuable Business Asset
James Dicks explains the need to realize that a well-trained and loyal staff is a businesses largest and most important asset.

Bank Mortgage Canada – 70 Lenders And 5 Banks
The little secret is out: there are just 5 main banks in Canada. On the other hand, there are more than 70 lenders who can render you a variety of loans. So, if you’re interested in bank mortgage Canada, look beyond the official banks.

If You're In Trouble, Reach Out for Help... Now!
Last week, I got a call from a client asking me to help a friend, the owner of a small manufacturing company. "What's a Forbearance Agreement?", she inquired. Gulp! "Tell me more," I suggested, knowing full well that a few months of trouble had certainly preceded her friend's question.

The Forgotten Side of Bootstrapping a Business
Bootstrapping can mean many things to different people but the overall idea is to find simple, off the shelf, ways of raising needed capital to start, run or grow a business. However, raising money may not be the only way to bootstrap your business.

Prepare Your Business for the New Lending Market
Banking and overall lending have changed. It has gone back to sound banking policies and requirements. Which means many businesses hurt by this economy will not qualify for any lending or business loans. But, it does not have to remain that way!

Credit Alliance Group busts the Bankruptcy Myth
Is there an alternative to filing Bankruptcy that does not have the disadvantages that goes along with Bankruptcy?

Idea Versus Execution
An article that addresses the common issues of "idea versus execution" and getting the credit you deserve. This article is partially a response to the Tech Crunch article, "If Execution is What Matters, Where Does That Leave Ideas?"

The Mortgage Problem. Where Did It Go?
James Dicks examines the lack of recent news on the mortgage crisis in the U.S.

Need a Bank Line of Credit Use a Bank Guarantee BG Program

A bank line of credit is a flexible lending option that can bend to fit the needs of virtually any individual or business. Banks tend to specialize in extending lines of credit, however these are usually home equity lines of credit. This means in order to qualify, an applicant must show some from of guarantee collateral, but also sufficient. Subsequently, this BG is also a form of collateral, and the loan becomes secured on the BG.

The Positive Leader, Put Your Mind To It
James Dicks examines the importance of positive leadership

You Can Get a Loan- Meet the Five C’s of Credit
Building a relationship with your lender is as important as meeting the five C's of lending. Knowing the five C's of credit will get you prepared for the loan process. Take a look.

Build a Financial Plan “as you see it”
My goal is to help you achieve that kind of discipline, so that you can move from where you are to where you want to be. That means slightly different things for different people-there's no "one size fits all"-but that is the fun and beauty of financial independence.

Using your dreams and goals to create wealth Part 1
I thought, you can go where you want to go and do what you want to do, when you want to do it. What I had to discover-and in fact didn't discover for many years-was that having the money wasn't as important as knowing what to do with the money once I got it. In reality, as it turned out, money was only a tool.

First Step-Using your dreams and goals to create wealth Part 2

To take your first step and set your mind on the course to financial success, you must begin to dream. You must begin to envision the kind of life you desire. For some of you, this will be easy, because you have dreamed all your life. For others, it will be more difficult. Why? Some people simply don't know how to dream-they've never tapped into their imagination deeply enough to let their thoughts run free.

Dreaming is fun, isn’t it? Part 3

Someone once said that what the mind can see, the body can achieve. I believe it. I go a step further. I believe that the mind must see it before the body is able to work for it. Look at another realm of human endeavor: sports. When Roger Bannister broke the four-minute mile, he saw it long before he did it. Over and over in his mind, he later recalled, he visualized doing what had been deemed to be impossible. Interestingly enough, once Bannister did what no one else had ever done before, others quickly succeeded in doing it.

Principles of Wealth Creation

To accomplish your goal of becoming financially free, you will need to master specific principles of wealth creation. No, these aren’t some magical set of principles we found scratched in papyrus scrolls in the ruins of an ancient temple. They’re contemporary, commonsense principles. At the same time, though, they are magical, because they create the basis for a sound foundation of wealth creation.

A millionaires dreams

Financial freedom is your dream. As long as you can dream, you can continue to succeed. Show me a person who has no dream, and I will show you someone who is poor. A millionaire dreams, and then sets out to make those dreams real. Once you stop dreaming, you stop the magic. That’s because you have created the world you wanted. You stop moving forward, because your dreams have ended. Either you are content to live with what you have or you are constantly frustrated because you don’t have enough-or you learn to dream again.

Focus Your Dreams to Make Them Come Alive
What will you be interested in after you buy all of those lavish things you always thought you wanted? What’s beyond the bigger car, the faster boat, and the fancier house? Whatever they are, those are the really important things.

Tips to Take Control of Credit Card Debt

Credit Card debt has become an overwhelming factor in many of our lives. Although no one is to blame but ourselves there comes a point where you have to come to terms with it and put a stop to the spending. As with any habit, it's addictive, we always want what we can't have and the ability to spend, spend, spend is addictive. Begin the plan today, put the bad spending habits away and choose a course of action to eliminate your debt.

How to get free credit without burning bridges

You lay the wad of envelopes out on the table. A quick scan tells you that there will be more bills than cheques. As you open each one in turn you mentally add up what is owed and what you have received. The big payment you are expecting isn’t there and the deficit is bad news for your ailing bank account. A story familiar to many business owners and a problem which the business owner must grapple with immediately.

Diminished Value and Gap Insurance “Know your Rights”
Did you know that if you are in an accident that you can get a second check from the insurance company for diminished value on your automobile? There are numerous financial strategies that can and will assist you and your family achieves financial success.

Still Can’t Get A Business Loan?
Most small businesses still can’t seem to get that needed business loan. Well, if what you are doing is not working, try something else. Here’s why.

Improve Your Business Cash Flow While Extending Credit To Customers
Extending credit to customers can put your business in a cash flow bind. But, there are a few tips to negate these negative impacts.

Keep your credit record squeaky clean
At one time or another, you will probably have to apply for a loan or overdraft to expand your business, buy equipment or finance some other aspect of your operations. This is when having a good credit history becomes very important.

Credit Card Processing 101

Accepting credit cards offers an array of advantages to companies: Reduced administrative cost, improved cash flow, quicker access to funds, the image of a modern, innovative company, etc. Consumers also like using credit cards as a form of payment because it is a simpler and safer method, no hassles with cash or delayed payments as with billing. Accepting credit cards can be a big decision for some businesses. For others, accepting credit cards can be their most widely used form of payment, including cash! The following guide will assist you with moving your business into the world of electronic payments. Accepting credit cards should be an easy decision once all the facts have been clearly defined.

Credit Card Processing Accounts
Credit card processing accounts can be quite a daunting task, especially if you are new in this field. This article will give a brief overview of them and their importance to businesses of all sizes.

Credit Card Processing/Merchant Account Basics

Managing business finances is quite a responsibility and those of you who are serious about selling products or services on the web must be able to accept payment from your customers. Although you have at your disposal a variety of payment methods, the most popular one for web based merchants is to accept credit cards. Credit card merchant accounts enable you to accept credit and debit card transactions. These accounts are established by submitting an application to certain Merchant Service Providers or by Independent Sales Offices.

Custom Gift Card Programs for Businesses

Nowadays, some merchant service providers are able to provide your business with the ability to create and sell custom gift cards. These custom gift cards are designed by the business owner and often depict your business logo or some other graphical representation of your business. The cards are used by consumers to make purchases at your establishment and consumers appreciate the flexibility they provide as they do not need to carry cash or credit cards to shop at your business. Custom gift cards are a relatively easy and affordable way to expand your brand awareness and customer loyalty.

How Credit Card Processing Works
This article provides a basic explanation of how credit card processing works - from the moment a customer hands a cashier their credit card, to the point when the merchant receives the proceeds from the sale in their business bank account.

The Difference Between Qualified, Mid-Qualified and Non-Qualified Credit Card Transactions
The three general categories under which a credit card transaction is approved at is often a very confusing topic for small business owners. This article aims to provide an explanation as to how and why transactions will be processed at the different qualification levels - Qualified, Mid-Qualified, and Non-Qualified for Retail, MOTO and Internet merchants.

Interchange 101

Interchange is the wholesale price, charged by Visa/MasterCard, for Authorization and Settlement of a credit card transaction. What is Interchange? • The foundation of the entire Bankcard Processing industry’s cost structure. • It is extremely complex and constantly changing. • Understanding interchange and its evolving nature is critical to a deep understanding of the Merchant Bankcard industry.

Finding New Financing From Your Vendors
Your vendor just might be willing to finance your small, growing business. In fact, many vendors will provide direct loans to companies just like yours.

Working Capital Finance Loan Advice – What Business Credit Is Available For Your Firm ?
Information on working capital finance requirements and solutions for business credit for Canadian businesses . Your business doesn’t need a ‘ loan ‘ Do you really need a ‘ loan ‘ and there are alternatives to monetize assets into cash flow .

Growing Your Small Business with Non-Traditional Financing
Small business owners are always seeking ways to grow their business. Whether you are going after business-to-business (B2B) clients, business-to-government (B2G) contracting opportunities, or business-to-consumer customers (B2C), growing your business is the foremost thing on your mind.

How To Finance Working Capital – Imagine Your Canadian Company had the Credit & Financing It Needed
Information on how Canadian business can assess and access methods to finance working capital . Does your company have the credit and financing it needs to grow sales and profits ?

At Last ! Solid Info On Canadian Accounts Receivables Loans & Financing – A Business Credit Alternative
Information on accounts receivable loans to increase working capital financing via a business credit alternative strategy that maximizes cash flow and creates growth financing .

Deed in Lieu of Foreclosure - Might Be An Answer
Jams Dicks examines an alternative to foreclosure.

Heavyweight Canadian Invoice Finance Funding '" C I D Credit Financing & Factoring for Your Firm
Information on C I D invoice financing funding. A Solid alternative to traditional factoring financing brings your firm credit capacity and working capital .

Freeing Yourself From Debt

With the way the worlds economy is today debt has become just a way of life for so many individuals. So many of us have home and car loans, have credit on furniture and clothes or are even still paying off education costs. Many of us are so over whelmed in debt that we really have no idea how much in arrears we are in and who we even owe the money too and in some extreme cases we don't even know where the debt has come from.

Having Trouble Paying The Bills
In today’s world with the way the current economic climate is there are so many of us struggling to cope with debt whether it be struggling to pay the phone or electricity bill, getting those frightening letters from creditors or even worst having the debt collector banging at the door and all this leading you to worry whether or not you are going to lose your house or car.

A Practical Discussion of Credit Bureaus and Their Scores
Understanding the importance of the Principal’s personal credit report and having the ability to explain the credit bureau’s decisions to your vendor or broker and give them the confidence to know that you are capable of handling their next transaction.

Peer-To-Peer Lending and Your Small Business

Before the internet, before computers, before the stock market, businesses still needed money. Terms like ‘Barter’, ‘Partner’, or even ‘Susu’ were a critical part of the financial vernacular. With the advent of the internet, so much has changed. Here is one such major change – “Peer-to-Peer Lending”. This form of financing has drastically changed and improved because of the internet. Due to its supercharged online growth, this is now a term you must know.

Boat loans, what you need to know.
House boat finance, and some of your questions answered.

The State of the Microcredit Summit Campaign Report 2006
In 1997, RESULTS Educational Fund, a U.S.-based non-profit organization, organized the Microcredit Summit. The summit focused on catalyzing the international development community to recognize that scaling up microfinance was essential to reaching the Millennium Development Goals and creating a just world.

The State of the Microcredit Summit Campaign Report 2006
In 1997, RESULTS Educational Fund, a U.S.-based non-profit organization, organized the Microcredit Summit. The summit focused on catalyzing the international development community to recognize that scaling up microfinance was essential to reaching the Millennium Development Goals and creating a just world.

Why do MFIs charge such high interest rates to poor people? FAQ

Providing financial services to poor people is quite expensive, especially in relation to the size of the transactions involved. This is one of the most important reasons why banks don't make small loans. A $100 dollar loan, for example, requires the same personnel and resources as a $2,000 one thus increasing per unit transaction costs. Loan officers must visit the client's home or place of work, evaluate creditworthiness on the basis of interviews with the client's family and references, and in many cases, follow through with visits to reinforce the repayment culture. It can easily cost US$25 to make a microloan. While that might not seem unreasonable in absolute terms, it might represent 25% of the value of the loan amount, and force the institution to charge a “high” rate of interest to cover its cost of loan administration.

Why do MFIs charge such high interest rates to poor people? FAQ

Credit Card Piggybacking

What is Credit Card Piggybacking? Credit card piggybacking is much like the childhood game of being carried around on someone else's back; but instead, you're “carried” on someone else's credit card account. Once you're added as either a joint card holder or an authorized user to a credit card account, the entire credit history typically appears on your credit report and included in your credit score.

What Recovery
THE Bureau of Economic Analysis released its estimate of GDP growth, and the pace of expansion was revised down again. Currently we are below the rate of population growth, which is to say that in per capita terms output continues to shrink. So how are things looking forward?

9 Things Business Owners Must Know Before Seeking Capital
Business owners are always seeking ways to improve their business. These improvements can include updating equipment, hiring new staff, developing a better marketing strategy or figuring out how to improve cash flow. When cash is not flowing effectively, a business owner must take any and all necessary steps that can and will lead to financial growth.

Should I get a business loan?

“Dan, Thank you for all that you do. I would like to know what your opinion is on getting small business loans. It takes me a while to put money to the side from my regular job to invest in my businesses. I have tried buying wholesale collectibles on ebay to resell and also affiliate websites but found the long hours and no return on investment in the beginning hard to overcome. I could not get any traction going and would quit before I felt I ever got started. Would you recommend a business loan to get things going faster?”

How do you feel about getting tax breaks?
Stephen Harper may not be able to break wooden boards as well as some of us in the martial arts community, but his breaks when it comes to taxes are something we can hold a mutual respect with him for. This blog is about what the fitness tax credit planned for 2015 means to our organization.

Reasons To Try Federally Backed Instruments:
To meet their credit needs, a number of commercial borrowers are turning to the U.S. Department of Housing and Urban Development (HUD) and its mortgage insurance arm, the Federal Housing Administration (FHA). In the process, they are discovering the qualities that make HUD/FHA loans attractive in any economic cycle.

Reasons To Invest In Commercial Real Estate
Real estate has always been, and still is a great long-term investment. While the residential real estate market has been in a slump for quite some time now, the commercial real estate market continues to thrive for a number of reasons. Investing in a commercial property is an excellent choice for both tax savings and growing your bottom line.

Credit Scoring
Ever wonder how a creditor decides whether to grant you credit? For years, creditors have been using credit scoring systems to determine if you'd be a good risk for credit cards and auto loans. More recently, credit scoring has been used to help creditors evaluate your ability to repay home mortgage loans. Here's how credit scoring works in helping decide who gets credit -- and why.

Why A Good Credit Score Is Important To Your Business
Whether you're in business or an individual, you should have an idea of what your credit score is, even if you're not currently applying for credit. Knowing your credit score and occasionally checking your credit reports also helps you protect yourself from identity theft and credit fraud.

I Want To Improve Your Credit Score, But You Won't Let Me Help!
Credit score ignorance is just as bad as accumulating too much debt or not paying your credit cards on time. If you don't understand how your credit report score is calculated then you can't improve your credit score. read this brief primer and learn -- How do they calculate your credit score and who are "They"?

Establishing Business Credit with a Secured Business Credit Card
One of the best ways to start establishing business credit is with cards specifically designed for businesses with no credit or less than perfect credit history. Learn what type of credit you can apply for to start building your business credit today...

Facts About Bad Credit Unsecured Credit Cards
Do you know the facts about bad credit unsecured credit cards and how they can help or hurt you and your small business? It is no secret that having bad credit can be a real hurdle for any small business. But bad credit does not have to mean no credit.

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