CashFlowExperts.Biz

Is your business in more danger during the summer?

I like to take time occasionally in these messages to share some lessons with you that I’ve learned the hard way and ultimately overcome so that you might benefit in your business from them.

(By the way, someone left a nasty comment recently about him not wanting to get what he called email BLASTS from me. I write every one of these letters personally with the intention of giving you some kind of info of value. Since he volunteered to receive communications from us originally my staff politely told this guy to simple remove himself from future contact.)

Anyway, back to my story…

Many businesses get SLOW in the summer because more people are out having fun or gone away for vacation. Some business owners just accept this and say, hey, there is nothing we can do about it so lets just accept that our sales will slow down.

They even start to cut back on marketing and slack off a little bit which ultimately creates the SLOW sales and then they say, see I told you business was slow in the summer.

My attitude in running all my businesses and my advice to you is to do the OPPOSITE of what other people do.

In the summer you should get MORE active in driving customers to your business. By doing this I have actually seen sales increase over the busy months because we created a culture of being busy and serving more customers.

Nothing is JUST THAT WAY, unless you accept it.

So take action and change your business to serve your reality!

In that spirit, you should call our office this week and ask about our ALL NEW getting started package for business credit.

It will help you get the dough you will need to increase profits in your own business!

Your really going to like it and my phone staff LOVES to talk to folks about what we can do to help people getting more funding.

Call 702-235-3969

Thanks, Tom.

P.S. we don’t really take summer vacation here in Las Vegas because when it is 114 degrees every day, it’s just too hot to do anything outside!

P.P.S. even my pool feels like a warm bathtub this week.

Here are some of the common questions we get and Tom’s direct answers in brackets.

Tommy VanZandt May 31, 2010 – 2:28:58 PM said -
Does personal credit have any bearing on the amount of credit I would receive.
(TOM – No, not if you follow our instructions of using a business name and profile to separate yourself from your business loans.)

Callie June 2, 2010 – 5:08:37 PM said –
I’m just starting out and I have no credit of any kind — will I still be able to get a loan??? (TOM – Yes, that is what we teach our clients to do quickly.)

Bryan A. McHowell June 1, 2010 – 8:20:11 AM said –
What is the length of loan offered, interest rate? How do I utilize the line of credit?
(TOM – You can use these ca$h lines for anything because they are long terms and are offered at the lowest rates in the market. We have shopped around to find the BEST.)

Leia June 3, 2010 – 12:08:03 AM said –
How long will it take to get this going once I get?
(TOM – It can be done in a few weeks. It depends on you and how fast you work at it)

Lawrence June 2, 2010 – 7:00:01 PM said –
Do you supply the lending sources? (TOM – Yes we do, we give them to our clients or we can apply for you if you prefer)

Usha June 3, 2010 – 1:29:38 PM said -
Hi, am I guaranteed a loan? (TOM – Yes, if our staff applies for you in the name of your business)

Gina Estrada June 2, 2010 – 5:06:01 PM said –
How long the corporation need to be establish. What is the score that I need to have to get this type of business loan? (TOM – Even a brand new business can get this funding with no score requirements if you follow our methods)

RILE TIPPIE June 4, 2010 – 7:16:54 PM said -
WHERE CAN I GET AN BUSINESS LINE OF CREDIT.. TOO INVEST IN REAL ESTATE. (TOM – Get ours. You can use the mon*y from our lines for ANY purpose)

Marcus McIntosh June 4, 2010 – 12:09:23 PM said -
What if you have a tax lien can you still get funding? (TOM – Yes, we show you all the ways to get the funding no matter what your situation)

Norris June 4, 2010 – 1:03:23 PM said -
MY LOAN ONLY NEEDS TO BE AROUND 25,000 TO START MY BUSINESS. I AM A HOME OWNER AND HAVE PERSONAL PROPERTY. (TOM – You do NOT need collateral to get approved for our business lines. They are unsecured and can be used in any amount you choose)

Enjoy a recent Real Estate Investor Training with TV Star of Flip This House and national business credit expert, Thomas Kish.

Webinar REPLAY is at: http://www.fortunebuilders.com/wholesaling-real-estate-tom-kish/

Harvey MacKay is one of my business education hero’s. And he is from Minneapolis MN just like me! (Born and Raised until I was 30)

Here is Harvey’s article…

There are literally hundreds if not thousands of little things we can do to raise the bar in our professional and personal lives. So many of these things are easy to do and can be accomplished in less than 10 seconds. They just require an
intentional effort.

What is CRITICAL to understand is that your ultimate success, fulfillment and happiness will come from doing the little things that matter.

As entrepreneur and best-selling author Harvey Mackay said, “Little things don’t mean a lot. They mean everything.”

Here is a short list of 35 things you can do in less than 10 seconds that will make you a better person, enhance your self-image and improve the quality of your life.

1. Make it a point to say the words ”I love you” to the people in your home every single day.
2. Offer a friendly authentic smile- a great smile radiates warmth, puts people at ease and makes you likable.
3. Make comfortable eye contact- your eyes send messages; establishing and maintaining eye contact with people demonstrates confidence, respect, and genuine interest.
4. Use someone’s name – everyone likes to hear and see his or her name.
5. Acknowledge people- smile and say hi to the people around you.
6. Express your appreciation- say “thank you” to everyone who does something for you even if they are paid to do it.
7. Be unselfish and put others first- it could be as simple as holding the door open for someone.
8. Offer a word of encouragement- sometimes this is all a person needs to build confidence and take the next big step. This is big!
9. Accept responsibility when you are wrong- it’s the sign of a person with character.
10. Be friendly- it lifts the attitude of others and is the #1 factor in being likable.
11. Maintain a positive mental attitude- your attitude is a choice and that choice is 100% within your control.
12. Be kind and considerate- to people you know as well as strangers.
13. Be like a dog and be the first to greet people- it helps new people entering the room feel more comfortable and demonstrates your interest in them.
14. Offer people you meet a warm greeting- this will set the tone for the entire encounter.
15. Say please- make it a habit to use the word please EVERY TIME you ask someone to do something for you even if they are paid to do it.
16. Get up and walk into the other room to speak to someone, rather than yelling.
17. Put the toilet seat down.
18. Turn your head and cover your mouth when you sneeze or cough.
19. Improve your body posture- poor posture is an indication of low self-esteem.
20. Say goodbye- make a good last impression.
21. Offer a proper handshake- a good, firm handshake demonstrates confidence and makes a good impression.
22. Give someone a hug- a hug is a sign that you really care for the other person.
23. Proof your email, text or post- this is an important component of portraying a professional online brand.
24. Click the LIKE button on someone’s Facebook post- it’s an easy way to demonstrate interest.
25. Turn off your phone in meetings- even though your phone may not make sounds, your eyes and attention will be diverted from the other people in attendance and your lack of attention demonstrates disrespect.
26. Repeat your phone number twice when leaving a voicemail- speaking slowly and repeating your phone number will make you stand out.
27. When scheduling appointments use the other person’s time zone- this avoids misunderstandings or missed opportunities.
28. Speak with life and energy in your voice- no one likes to be around people who are “dead, dull and lifeless.”
29. Walk with a bounce in your step- it’s evidence of an energetic attitude that ultimately leads to success.
30. Turn off the notifications that are bugging those around you.
31. Write things down- it prevents you from forgetting things that are important.
32. Say something positive to others about another person- reverse gossip.
33. Congratulate your opponent- good sportsmanship is evidence of leadership.
34. Introduce yourself- be proactive and introduce yourself to people whom you have never met.
35. Look for the good in others and tell them what you see- you have the ability to bring out the best in people, especially when they may not know it themselves.

As you can see, each of these tips is easy to do. They don’t require any formal education or financial investment. We can begin to incorporate them into our lives this very minute. All we need is to be conscious of them and be willing to take 10 seconds to do them.

An EIN is a federal identification number issued by the IRS to identify a business entity (similar to a social security number being issued to identify an individual, except that an EIN is used to identify a business entity instead of a person).
An EIN is also known as a Tax ID number. Legally, you are required to identify your business with one of two numbers: either your social security number or an EIN.
Generally you need an EIN when your business:

• Is new
• Hires, or will hire, employees
• Is an LLC or Corporation
• Opens a bank account

Small business owners should get an EIN and use that number as the only way to separate your personal credit and personal liability from your business activity.
There is no personal asset protection or personal credit protection for people that do business as a sole proprietor.
Furthermore, banks require an EIN in order to open a business bank account.

Have you seen the raw and uncut video I posted on Youtube about how to season money using business credit?

This video answers one of the big questions of how do we pay back the lines of credit in a start-up business.

Watch it at: http://www.youtube.com/watch?v=4ULWbthI_RE

An unsecured business line of credit is simply a loan you get in the name of a business without having to hand over any collateral.

These business lines of credit are cash lines of credit. That means they are real money you can use for anything.

The money available from these business line of credit can be accessed as a multi year loan with a fixed rate, from regular check writing privileges at low interest rates or like any other credit card with cash advances and through purchases with an interest free grace period.

That means you can literally use a banks money, interest free, during the grace period to make profits and get more business before the first payment is ever due.

And did you know that one of the easiest ways to improve your personal financial statement and increase your scores is by using business credit.

Business lines of credit will prevent you from doing harm to your personal credit score because when you use them it does not show up on your personal report.

The E-Myth concept has turned what people think their business goals are on its head.

Take a quick assessment of what matters most in your business.

Do you:

*Stay within your means
*Keep your objective always in mind
*Choose the line of least expectation
*Exploit the line of least resistance
*Take a line of operation which offers an alternative objective

Becoming an Entrepreneurial Leader means using these tactical methods like a military strategies.

Run your business “Like a General” in order to win the day to day battle to profitability and to win the war of achieving the dream lifestyle all entrepreneurs want.

From the desk of Thomas Kish.

I just had a really interesting conversation on our phone lines with someone trying to place a order for our business credit.

I normally don’t answer the phones, but I over-heard one of our phone people sounding frustrated with someone trying to place an order.

It reminded me of that TV show where the boss goes undercover and snoops on his people. But I was in plain sight so I just asked my phone guy if he would put me on the phone with this client.

John was the person on the other end of the phone. John was calling to ask question about me and about the business credit service that we offer.

When I introduced myself on the phone, John kind of stopped. Then he said, “So there really is a Tom Kish”.

I asked him why in the world he would ever say something like that? And he said because there is no such person as Betty Crocker, so he figured there was no one at our company called Tom Kish.

I told him that Betty Crocker doesn’t do 100 webinars, tele-seminars and live speaking events each year, BUT I DO. So why would you wonder whether I am real. You can see me in person if you attend any of my events!

And by the way, there absolutely was a Betty Crocker many years ago working at Pilsbury who helped develop some of those recipes. My mother worked in accounting at Pilsbury in MPLS, MN for about 5 years, so I have heard all the stories about Betty Crocker when I was growing up!

But back to my conversation on the phone with John.

I asked him to cut to the chase and just tell me why he took the time to call up but was acting so skeptical and was not willing to place an order.

**John said two very important things**

He said he had been BURNED before and had only gotten vendor credit lines from a company that he had hired in the past.

*The first thing I explained to him was that we offer cash lines of credit that can be used for anything. We do not limited you to credit that can only be used at some store nobody ever heard of.

Our service is about getting you approved for cash that you can actually use.

*The second thing I responded to was his comment about how everything is a scam and he had been burned so many time before.

Now, I will admit that I got a little hot under the collar on the phone with him at this point because it is NOT reasonable to lump everyone together in these kind of blanket statements. Most companies are run by good people and most companies provide quality services.

I told him that just because people don’t lose weight when they buy a d*et plan does not mean that they are all a scam. Sometimes people need to take responsibility for their own lack of follow through.

**Not everyone in the world is out to get us!**

I told John that we offer a guarantee with all our products that allowed him to get a refund if we did not do what we offered.
And I told him that we have been in this financial service industry for a long time (over 7 years) because what we do works if people will carefully follow our instructions.

We have also been third party verified by all the merchant processing companies as a secured provider of these services, so there is NO DOUBT as to the effectiveness of what we do.

And guess what happened next?

John thanked me and told me he was ready to place his order!

So I handed the phone back to my phone guy and let him do his job and get John enrolled in the program he wanted.

I love all the great business people I meet as the owner of this education company and people like John help keep things interesting for me. And I hope that this open letter to every one of you newsletter subscribers helps move you forward in hiring us to get you the business credit you need.

Call us during business hours and we can help you too!

But don’t expect me to personally take your call. I like to take really long lunches at my favorite sports book here in Vegas. That is one of the perks of being the owner, right?

I do take as many questions as I possibly can during my live call-in shows! So don’t miss them when I offer them.

Thanks, Tom.

P.S. John, if you are reading this, I hope you are smiling at how accurately I paraphrased our whole conversation.

As the tax deadline comes and goes, it is a good time to reflect on and act on proper tax planning for today and the future.

Are your books in order and is your business structured properly? Are you taking all the legal deductions you are entitled to? If not, there is a good chance you are paying more taxes than necessary.

Many new small business owners struggle with whether or not to form a corporation or remain as sole proprietors for their businesses. Forming a corporation allows for some tax benefits that small business owners should know about that could save them a lot on their annual tax bill. Knowing the advantages of forming a corporation for tax purposes can save you tons of money in the long run. And a properly form business entity is an asset that holds it’s value and can be sold for a profit in the future when the business owner is ready to move on.

A major benefit of incorporating your business allows for greater tax deductions for the business, your employees, and potentially for family members of business owners. Even if you’re the only shareholder and employee of your business, benefits such as health insurance, life insurance, travel and entertainment expenses may be deductible. For example, corporations can deduct 100 percent of medical insurance premiums. Incorporating may also eliminate self-employment taxes and lower your payments for social security tax and Medicare tax. Your individual tax liability may also be reduced, as you will become an employee of the corporation.

The following illustration shows how one individual, who has $60,000 per year in revenue, can save almost $7,000 in taxes just by incorporating.

Joe the independent contractor:

*revenue $60,000
*total tax due $14,054

Joe the employee of his own corporation:

*revenue $60,000
*total tax due $7,280

The difference is in the power of being able to determine what you pay for yourself, what is subject to additional self employment taxes and what stays in the corporation for future expenses of the company.

These kind of benefits of incorporating rather than running their businesses as sole proprietorships is what draws so many people to build a simple corporate image. Not to mention other fringe benefits and lower state income taxes.