Are your clients using vendor capital to finance their expenses or
businesses? Vendor capital’s only similarity to venture capital is that it
comes from outside. When a customer puts off paying your account for 120
days, you are making a four-month interest-free loan you can ill afford.
Even worse, it becomes an outright grant if you, the vendor, aren’t able to
collect at all.
When customers are squeezing extra weeks and months out of their
As summer approaches, many U.S. workers look with envy to their
counterparts in other countries. While most Europeans and Asians enjoy an
average of more than 35 days off a year, Americans lag far behind with an
average of 22 total vacation, holiday and personal days taken annually.
Although most employers cannot grant their employees a month off, many are
beginning to re-evaluate their vacation and leave policies in light of
lifestyle changes and competitive pressures.
Tech incubators are so popular these days that they’re practically passe. With more than 800 of them, they’re just “too common” — to steal the words of one uppity boutique owner who once sneered at me when I asked for Calvin Klein sunglasses. But there’s a new class of company emerging that’s part incubator, mixed with a pinch of holding company, and a dash of venture capital. True, these companies bare many of the same marks
Online broker Ameritrade has a reputation for entertaining television ads. So, too, has rival E-Trade. But their stocks have turned in less-than-amusing performance.
Just look at how these brokerages performed after reporting results that exceeded even the most optimistic expectations. In the first quarter, Ameritrade netted 306,000 new accounts — nearly equal to the 332,000 new accounts it tallied in all of 1999. Still, the stock price dropped — along with the rest of the Nasdaq
For the vast majority of businesses, loan
financing comes from private banks. As what
a lender is able to offer varies signifi-
cantly from bank to bank in terms of cost
and size of loan, as well as repayment
schedule, it is advisable to shop around
at several lending institutions (both large
and small) for capital. Also keep in mind
that while small independent banks have
long been committed to financing community-
based firms, several major
Doug Miles, who owns and manages an apartment house in Ellensburg,
Washington, uses his computer system to create attractive, professional
signs like “Out of Order” and “Don’t Slam the Laundry Room Door,” as well
as rental applications, agreements, notices and building rules. He also
generates large type templates for professional sign makers to use as style
guides when they produce more permanent signage for the property.
Binnie Perper, owner of Writing By Design, a copywriting and