Archive for the ‘debt consolidation’ Category

With credit you have to move away from independence March 23rd, 2010

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46Finally, as you move into the Perform stage, you begin to feel an increase in Comfort with Interdependence with your partners. You must learn to move away from being independent and begin to think as much about your partner’s success as your own. You must begin to consider consequences your decisions have on your partner and learn how to dance a tango in perfect rhythm—not an easy task for people who live in a culture that values its independence.

Partnering isn’t easy. In fact, it is probably the hardest work you’ll do. Moving effortlessly through the Stages of Relationship Development happens only in an ideal world with perfect human beings. But human beings aren’t perfect. I confess I’ve made many mistakes in my partnering efforts.

But I understand that if I want a good partnership, I need to work to be a good partner. Even the best blueprint for  partnering—such as the Partnership Continuum model—cannot make up for a low PQ. The model works only as well as the people who are using it. And while using a blueprint is better than just letting your partnership evolve through happenstance, it is the individuals in the partnership who must have the skills to make it work.

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Characteristics of a good credit lender February 17th, 2010

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All of the characteristics of a traditional MBO apply to a company that is seeking to exit through an MBI with one very important exception: where there is no one suitable for the role of CEO, or other key management function within the business, the investors will insist that outside expertise be brought in to cover this deficiency before they will give the buy-out their financial support.

When planning for a management buy-out you should always be alert to possible management shortcomings. Where you recognise that your management is weak in some area, you will need to put someone else in place. If this is not possible, you need to accept that the VC investors will insist on bringing in a recognised industry expert as a part of the team.

This could completely change the dynamics of the buy-out team and your ability to negotiate the most favourable deal.

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Make money with web standards conformance of your site November 9th, 2009

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Designing your financial website with conformance to current standards means that – by proxy – the documents will be smaller. As a result, the pages will be displayed much faster for the users seeking data on latest currency values and loans interest. Moreover, download times have proven to be an important factor in usability of financial websites. Users often look for latest financial information (for example from stock exchange) and any perceivable delay will harm the evaluation of your website. Users tend to rate sites with slow financial data display as less interesting and offering lower quality content. Additionally, they claim that delays tend to severely interfere with task continuity, their ability to remember financial details from your site, and use flow. Really slow display of stock market information can lead users to believe some kind of error has occurred. Finally, users correlate site performance and security: financial sites that are constantly slow are considered to be less secure resources, and this is extremely important if you deal with matters such as banking, loans or forex.

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