Monthly Archive: February 2019

Beware Misleading Reviews Can Put Your Online Business on The Wrong Track

A number of retailers who have been researching the site Wholesaledeals have come across rumors that the site is a scam. This is truly unfortunate for two main reasons – one, these allegations are completely false. They are generated by competitors who have resorted to these rather desperate tactics in order to try and smear the company’s good name. These unscrupulous competitors haven’t been successful in their game plan at all. Why? The answer to this question brings us to the second reason why these false reviews are so far from the truth. The site is actually a very useful and effective tool for online retailers. People who have tried the site can testify to the fact that the ugly smear campaign launched by jealous competitors is based on nothing but outright lies.

Many shady competitors like to use these false scam allegations against Wholesaledeals to hide their own shoddy service and products although this useful directory has nothing to hide. In fact, researchers don’t even have to rely on write-ups and reviews – they are free to take a look at the site for themselves. There are even some features which are available for no charge!

Focused and Effective

The articles and write-ups that talk about a scam hate mentioning the truth about Wholesaledeals. The site has been in the sourcing business for a number of years now and the service is primarily focused on sourcing product deals. There is a rather extensive database of verified suppliers which retailers can use, if they prefer sourcing their own products. The site is mainly focused on scouting through these verified suppliers to find the best deals for its members.

Want to get a better idea of just how they source products? All you have to do is head over to the site and click on one of the newest deals that shows up on their home page. Retailers will get a clear product image, the product’s recommended retail price, and the price that it is selling for on eBay. They can even verify the eBay price by clicking on the ‘verify’ link. That’s not all – retailers will also get information on the product’s markup, gross profit, minimum order requirements, VAT and other tax information as well as where the supplier is located. There is also a product description. All of this can be viewed by anybody, for absolutely no charge. Does this sound like a site that is in the business of running scams? It’s clear that Wholesaledeals is simply focused on sourcing the best deals possible.

The Guarantee

The competition also hates to mention the fact that the site offers a money-back guarantee on its services. The retailer literally has nothing to lose by purchasing a deal tracker with the site. If the supplier quotes a different price than what was advertised, wholesaledeals will gladly step in and try to get the supplier, the price that was quoted.

If this doesn’t work, the retailer gets his money back. What kind of scam operation would give their users a money-back guarantee? Wholesaledeals could actually bring a lot of good to an online business. If you believe the lies that are spread by unscrupulous competitors, you could miss out on a great resource.

Business For Sale? Drive Up The Value!

Anytime that you are considering the sale of a company, you always want to bring in a professional business broker to assist in the transaction. However, before making a sale, remember that the value or your organization rests solely in your hands. There are several techniques that you can implement before hanging up your “business for sale” sign that will drive up your company’s value, making it much more attractive for prospective buyers. While many of these will need to be done before contacting a broker, many will also recommend some of these tips to make things easier on them during the prospecting and sales practice. Solid Leadership Though you may be considering the sale of your company, the management team and senior leadership roles must be maintained at a high level. If the business for sale happens to be a large corporation, these positions must be even more stable than average. Many smaller businesses will be sold with the entrepreneur simply turning over the operation, but any mergers or larger sales must involve solid leadership all around. Keeping Things Streamlined If you feel that a sale may be imminent, remember that keeping a streamlined company goes a long way when other organizations consider acquiring it. Whether we are discussing a purchase or a merger, the importance of keeping a simple operation simple cannot be overstressed.

Any unnecessary debt or operational practices may diminish the value of the company in the eyes of a buyer, as they will have plenty to “fix” once they finalize the purchase. Organization One of the most important elements of a successful company is organization. While there are several things on an operational level that you will want to be sure are in place, the proper maintenance of all necessary paperwork is a must. From all tax records to sales information, the better the organization, the higher the sales value. And, when considering how a broker can quickly find a suitor for a valuable company, any business for sale should have everything together in an organized manner. Building Overall Value For a moment, put yourself in the shoes of a prospective buyer. There is a business for sale, and though they have plenty of assets and some enticing value, the operation is a mess and there is no way that the growth can be sustained without a significant overhaul. If you were in their shoes, you would likely find another, highly successful, but more efficient, company to purchase.

It makes sense when you consider that value is built not only on the earning power of an organization but also the prospects for a seamless integration into the buying company. There are several ways to increase the overall value of a company. By taking great care of your paperwork, ensuring that the management team is stable, and keeping all relevant operations trimmed to maximize efficient, you give prospective buyers something to salivate over. And, once you have taken care of the inner workings in preparing for the sale, you can turn process over to a reputable business broker. Having a business for sale can be a stressful venture. Properly prepare for it, bring in all of the necessary professionals, and always efficient at the top of your list, and you’ll be sitting on a hot commodity once the word gets out that you have decided to sell. Once the process begins, your diligence and hard work will make for a quick closing, allowing you to turn your operations over to the purchaser and enjoy the profits that you have rightfully earned.

Online Selling Using Cause & Effect To Gain Success

There is nothing more than I enjoy than marketing products on the net. Products which have been thoroughly researched and 99.9% of times are exactly the one that I myself use. I use the net each and every day and update myself with exactly what is happening online. All of those little changes, which most times result in big changes. And I meet these by adjusting my campaigns and ideas accordingly. I also love receiving those constant spam messages into my email inbox what a great way to monitor exactly what others are doing. Overall in the research I have done over the past few months here are a few points I would like to address, that will have a direct cause and effect impact on your own online business promotions.

It stuns my senses just how many scams and dodgy products are currently doing the rounds. It is a disgrace and all that it achieves is to directly wipe consumer confidence away from products which actually have a genuine worth and value. There is absolutely no benefit in promoting a product or service which does not have real value or effect. The internet has gained over time this reputation for making a simple quick buck. This is very far from the truth, but there are quite a few people out there who believe this point, and are doing there best to really make those quick bucks at any price. But these type of actions do have consequences and most of these fall back right into the lap of genuine sellers.

If you sell online in any form you really need to ask yourself one question How Long Do You Plan To Operate In Business Online. If your answer is, Forever! Then you have a future. If the answer is, Not Long At All. Then go ahead and just give up right now. I will let you in on a simple truth and it costs nothing! There is absolutely no way to make an easy dollar online, not one way at all. I have seen every scheme and idea in the book and this idea of ‘An Easy Buck’ an idea promoted fairly widely in most dodgy sales pitch’s, is simply not possible. Nor is it possible I might add in offline world business practice.

It is good advice that a degree of knowledge is really a must needed commodity for potential buyers, before they purchase. This action needs to be provided by sellers, in the form of direct product information. A fancy sales pitch without real product information just doesn’t work online. Customers are cautious before spending online already, firstly because of internet security risks and secondly because of the fact they have seen all the gimmicks before. Truth in advertising works online and this is something sellers need to be totally aware of, when marketing there own products. Truth is an absolute online asset, ask yourself the question, would I purchase the product I am selling. And as important are the 2 words, Online Trust.

Customers should be advised to always check their rights and/or the sellers background before purchasing online from any seller, check a sellers online sales policy, about us or contact us page. And if you buy a product you should always have the ability to ask for a refund, within due reason. Consumer confidence is an essential ingredient for good online buying experience. I myself have purchased products with which I have been far from happy. I contacted sellers and have received no response back, so I have had to contact the credit company I purchased the items though re: pay pal etc. And then a sellers response becomes automatic, because there is a negative action in result for the seller.

This type of action is called leverage. If you are unhappy use leverage, but buyers really should not need to resort to this type of action. This is exactly what separates the good sellers from just the plain bad, and exactly one point which ruins consumer confidence which directly effects everyone who operates in real online business. My advice, always follow your sales up with a question, asking for any feedback from your sales. Make sure the customer is pleased with the level of service and product you supply. The customer is number one and always should be treated with this exact respect. If you are serious about long term online success then this type of action is more than necessary. And always remember if you get any negative feedback, fix or negotiate the problem immediately and effectively.

The sharks and internet get rich quick artists have a short life span online, but as soon as one disappears another replaces them. Their actions do put the spotlight onto genuine sellers and we need to be wary of this and act accordingly. Being aware of potential changes and actions of others that may have a direct negative effect on our business provides us with a real option to make our online opportunities more successful. Turn a simple negative into a positive and this is an approach that we can always use no matter where in life, to make things simply better. The only substance that will make you a success in any form is plain hard work. There is no substitute for hard work, and if you already understand this exact fact you are on your first steps to reaching success already.

Canadian Commercial Business Bank Financing – What’s Right And Wrong With Banking

Canadian business owners and financial managers assess their commercial business banking and financing needs at different times in their company’s life.

As in many other facets of business it’s a little difficult to develop a solution and fix a problem if you don’t understand the fundamental problem.

The need to grow your business and be profitable usually drives a bank financing need. A growing business consumes, and needs more cash, if only for the fact that you’re building up receivables and inventories.

In Canada business operating lines of credit are offered by our chartered banks. These facilities finance your A/R and inventory via specific margin calculations.

Most Canadian firms that have this type of credit facility submit monthly financials and aged receivables, which in turn create a new borrowing base under which you can draw funds. Companies that are having challenges ( i.e. they are in special loans ) or who are in breach of covenants may in fact be required to submit almost daily cash flow and receivable reports .

Although the basic arithmetic around bank financing and commercial banking is simple in reality there are a lot of other factors that might end up affecting your bank facility.

What are some of these? In the continuum of time certain industries fall in and out of favor. No better example of this is offered up than the auto industry. Other factors that you as a business owner might not like that affect your bank financing are issues such as your profits ( or lack thereof!) , they quality of business and outside collateral, and your banks insistence on personal guarantees.

Bank financing works best under the following condition – your company is expanding, but at a reasonable rate. One of the greatest ironies of Canadian business financing is that a hyper growth business, even if its generating profits, is often viewed as financing challenged by a Chartered bank.

Business banking utilizes a very basic concept that is often misunderstood by the Canadian business owner. That’s simply the fact that with a commercial bank line of credit you’re drawing on assets of your growing business to pay older items. But wow, when your business ceases to grow, or profit your ability to draw cash flow out of your A/R and inventory business line of credit stops. But you still have operating and fixed term payment obligations and it now becomes difficult to pay suppliers.

Companies that have a solid handle on cash flow needs and their historical working capital inflows and outflows are in the best position to manage their firms and access bank financing.

Time and time again we meet with clients that tell a very similar story – business grew, expansion plans were put in place, fixed and operating costs grew, and .. you guessed it .. sales started flattening or going down. The result – a recipe for financial disaster!

The ability to manage your cash flow, or, alternatively, slow down your business is key. Speak to a trusted, credible and experienced Canadian business financing advisor for commercial bank financing that makes sense from where your firm is now.

A Business Should Rightfully be Amongst Contemporaries Competing For Market Share

The real worth of a venture gets known when placed amid contemporaries. When put with competitors from the same business, one finds out within no time whether it surrenders or surges ahead. With hundreds of similar businesses all catering to the same target audience, only that stands out and does well which has something different to offer which others do not.

But then, there has to be a common ground or dais where they all stand and push for the lead. That is when the business directory comes into the picture. It is home to various verticals with every vertical having hundreds of thousands of businesses listed all offering the same service. Some of them do well and make money, some do not. But then that is the way ahead, and the real way in which one can find out which business is competitive and which one is not.

This is the reason why promoters list their business on the most important business directory of all. They find such overwhelming competition on that directory that within no time, they get a clear picture as to where does their business actually stand and what chance does it have to go further, that too if possible. They come to know quickly all those things they need to do to make their business competitive.

A business directory like is the most appropriate place to get your business listed in case you happen to be operating within Britain. Home to thousands of them, yours too is placed in that already crowded horde where it gets a real taste of business. All of a sudden, those which do not perform at all or have no substance to show are always found scampering to get business. Those which do have the mettle in them go onto do exceptionally well and outshine the rest to take the largest share of the cake.

The business directory is a real eye opener. First, the business is thrown into a sea bustling with competition. Second, the world gets to know what it is. Third, over a period of time if it does not get enough business the promoters get to find the real reasons why the business does not work or why it does not perform.

But in the end, the effort is worth it. By all means and methods, the business comes into its own finding its real worth. It is only when you flow against the tide or fight off all the odds stacked against you that you really find out what substance are you made up of. Unless thrown to the sharks, you never really learn swimming.

A business directory like does everything to provide businesses the right pedestal to compete with each other and find out which one deserves to be the best and take home all the bragging rights. It competes tooth and nail for market share, gets what it deserves besides getting to know itself more and finding out ways and methods to improve its own performance.