If presentation and conference titles were looking for extra work, they might double as a cure for insomnia. Think I’m kidding? Try reading the titles in your industry’s conference brochure and staying awake!
If you have decent credit, start with cards with a lesser interest rate and no annual fees. If you have marginal credit, compare cards that offer a reasonable interest rate, a small annual fee, but always read the fine print for penalties, etc. And, if your credit history is really poor, find a Secured Instant Approval Credit Card. These will offer credit up to an amount you put on deposit with them in advance. They will take a fee for the privilege which is why you should first consider your local bank for such a card.
Cash Flow. Keep track of all your expenses. Make a record which shows you daily, weekly, and monthly numbers along with quarterly reports and Annual Reports for Companies. Seeing the figures will help you understand the business current financial trends. Tax. Pay your tax on time. This will not only spare you the monetary fees but also keep you on the right track. Update your accounting and never forget that deferral of income can make the best sense for many sole proprietors, partnerships, LLCs, and S corporations. Ensure your cash flow can handle the deferred income. Exercise using a cost benefit analysis program for your cash flow. Improve your liquidity.
Bad credit history of the borrower is not a hurdle as these loans find approval without any credit checks. However, ensure that the lending company reports the loan repayment to the credit bureaus. This way, you are able to improve your credit rating.
If you have $1000 to work with, here’s a great way to establish a credit history. First, take $1000 to a bank, and open a 6 month CD account. Then, apply for an installment loan for $1000, using the CD as collateral. Now, here’s what you do. Take the $1000 loan, and open another 6 month CD at another bank. Get another loan for $1000 from the second bank. Do all the steps again at one more bank.
Once you make a payment, make sure you print a copy of the confirmation for your records. If you prefer to pay bills only a couple of times a month, most companies will allow you to schedule your payment in advance and it’s processed on your due date. It doesn’t get much easier than that!
How many years until commercialisation and what’s the probability of commercialisation? Have a read through the company annnual report to work out a timeline and the business plan for the organisation. What’s the potential market once commercialisation has been achieved? What P/E ratios are potential competitors or similar companies trading at? What type of return can you hope for based on those valuations?
The book is divided into two parts. The first is written by David and tells you how to find stocks that are “Rule Breakers.” That is, small companies that have revolutionary products that are going to kick the rear-ends of their industry giants and grow the companies into powerhouses.
Or… you can go to some websites that offer complete annual report for a number of different companies in alphabetical order. Our website is one of them. Admittedly, while having hundreds of annual reports in one place is convenient, it is not as thorough as what the company’s own website has to say.