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Margaret Gaskin
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Margaret Gaskin   My Press Releases

When is it Time to Call it Quits/

Published on 6/18/2012
For additional information  Click Here

Most businesses are struggling at the present, but there are still some red flags. DON'T WORRY Members of On Fire Miracle are not because there is a huge future ahead if they continue to work hard and use the training tools and products provided for any and everyone that has a mind set for wanting something better. Don't be the person who needs to be hit with a brick. The longer you hold on the harder it will be to withdraw or quit. Every business is different. Paying attention allows you to make better decisions before the business falls apart. Don't think of it as failure. Many small businesses owners are suffering since a number of banks canceled their credit line. You deplete your savings account, credit card limits go down, interest rate go up. Losing credit can devastate a small operation. It drives you crazy. You are still making money but if you can or may be forced into bankruptcy Don't ask for a loan the first time you walk into a local bank. They want to get to know you first. Build a relationship. Casual ask a loan officer how the bank feels about your type of business. If they have too many already or the credit line you are interesting in is too large you would be glad you found out in a casual conversation. Many credit unions are offering membership to the public. If banks or credit unions don't give favorable results, other financing companies can provide short term cash. Be warned: many agents sell their financing statements. Business-t-business lending is unregulated. The line of credit can carry extremely high fees and interest rates. It is not wise to borrow against receivables because they charge fees and may also trap you into using them longer than you wanted to. It is a good business to set up a business saving account which you can use only when necessary, or set up a merchant account where clients can pay with a credit card, which will relieve some of the cash flow problem. Being a member of O Fire Miracle you avoid the line of credit that will allow you to devote your time to building On Fire Miracle. A business that can pull you out of the financial down fall and put you in profit or with a stable business again. On Fire Miracle allows you to register for a one time fee of $50.00, recruit 2 people and you are in business and can start making money as long as they remain a member. This has not been heard of before. There is only a $10.00 back office fee per month while some other home business charge $97.00 to $100.00's of dollars each month. On Fire Miracle provides training, webinars and live conference calls.Our motto is "you are in business for yourself but not by yourself." Skype is another means of training where you can ask questions and have them answered. Join On Fire Miracle now. Our team will teach, train, encourage and support you and help you learn how to become successful in your home business. http://www.onfiremiracle.com/?id=mgaskin Margaret V. Gaskin Phone: 225-218-1531 Skype: margaret.gaskin2
Member Note: To comment on this PR, simply click reply on the owners main post below.
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