Problem debt is often caused by not matching the length of the loan with the life of the purchase. If loan lasts longer than the benefit then a replacement has to be bought and adds a new layer of debt.
Loan Periods – Some Simple Questions
A fewer simple questions will guide the borrower to a suitable loan length.
How long will the benefit last or will the borrower enjoy the purchase?
What is the life of the asset?
How much value will the purchase retain over potential loan periods? Will it take the purchaser into negative equity?
An Alternative or Additional Framework for Strategy Development
Solidus has taken the traditional PEST (Political, Environment, Social, Technology) analysis a stage further and developed InSPECT to facilitate development of business strategy.
They make the point that innovation is a key capability for business in a fast changing world. InSPECT builds creativity and new ideas into the analysis to inform the development of business strategy.
Uncertainty as a Trigger for Positive Life Changes
This book by Timothy Butler is a guide to using crises of confidence as a starting point for making fundamental improvements to one’s life or career. He argues that feeling stuck and doubting oneself is an important opportunity to put life on a new track.
Getting Unstuck identifies three stages that takes the reader from the initial doubt to the having a new direction based on his real interests and enthusiasms.
Felix Dennis Did and He Explains How to Become Wealthy
Felix Dennis suggests anyone who has a genuine compulsion, not just a vague desire, to get rich can do so. How to Get Rich is not a volume of false promises and glib answers like many get rich quick books. Following the advice will be hard work but for the committed it will be worthwhile.
Making Money – A Real Desire
In How To Get Rich Dennis starts by stressing that to do so requires the drive that comes from a compulsion to be wealthy rather than a mere wish that one had money that passes when the moment changes. It is only with that inner drive that the budding entrepreneur will withstand the challenges and tribulations of building a business, especially in the early days.
Pricing strategies are a key marketing decision for any business. Price says a lot about how the business sees itself and its customers.
The price chosen will affect, amongst other things, whether all costs are covered and how the product is perceived by customers. Is it a Rolls-Royce or a Lada? It will affect the market share that the product will achieve and the profit that will be made. Pricing for profit is not simply a case of taking costs and adding a big mark-up.
An Alternative or Additional Framework for Strategy Development
This book by Timothy Butler is a guide to using crises of confidence as a starting point for making fundamental improvements to one’s life or career. He argues that feeling stuck and doubting oneself is an important opportunity to put life on a new track.
Pricing strategies are a key marketing decision for any business. Price says a lot about how the business sees itself and its customers.
