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Business travel could be a profitable, enjoyable and even exciting experience. The moment you spend conducting business in other destinations increases your business reach and opportunity and increases you as a person too. Getting skilled at business trips is a strong business objective because there is knowledge related to business travel and being productive on the road that is not possible to learn if you don’t get out there and travel.Many of the knowledge associated with business travel are locked up in how you can live productively on your way. This is especially important when you’re on a long business travel. The life of moving in and out of hotels, traveling by car or airplane and also the challenges of the job could wear down even the most sturdy and knowledgeable business traveler.Keeping healthful eating while traveling for business is a critical challenge and one that really can only be attained with a few serious planning. You will finally find yourself consuming in a lot of dining establishments on your way and that kind of meals does not provide itself to a diet that is intended for fat loss or for a diet you must sustain for wellness reasons.The first but greatest step forward to accomplishing diet plan targets while traveling is to converse your wants to your traveling companions. In a business environment, there is normally a lot of encouragement to eat and drink well. Everybody is on the cost account so it’s an easy task to go crazy. Yet if you permit your coworkers and customers understand you’ve convincing reasons to sustain a disciplined diet, most of the time they will regard that and find methods to allow you to become successful.Another magic of business travel isn’t to rely on restaurants for your foods totally. If you may get out to a market early in the travel and buy some fresh fruit and vegetables, you can prepare some healthy food in your room to satiate and keep you on track. Then in the event that you have to eat in a restaurant to talk about business with colleagues or build relationships with the client, your appetite will be low so you can get by on a smaller amount.You can also be a voice for small amounts in the choice of eating establishments for your foods. Obviously, fast food is not going to be considered a good choice for you. So when there is discussion about where you can stop, you can vote for a spot that will serve a good variety of meal choices including some healthy choice menu options. In that way if you must eat in a restaurant, you’ll find items to order that can be prepared in accord with your diet requirements.You’ll be amazed how many allies you will find both in your travel associates and with those you are doing business with at your place who’ve diet plan targets but haven’t been successful because of the temptations of the life on the road. Your open statement of intent to stay to your diet regardless of the rigors of business trip could be a huge motivation to them. Furthermore, because they build partnerships in your purpose to reside wholesome, it’s entirely possible to consider your business to a healthy restaurant or deli and permit the rest of the party to go to a place of their liking. As long as this is performed without bitterness, everybody wins.Avoiding alcohol and snack foods could be a large concern on the road too. Very often in a seminar setting or within a lengthy day of conversations, the sponsor organization or office will give you biscuits or other treats to assist the conference go well by keeping everybody’s blood sugar up. These snacks are going to be difficult to resist. One way to help yourself in that situation is to be prepared with your own snacks in your brief case to bring out to replacement for the fattening food being supplied.By thinking ahead about your diet plan needs and how you will offer yourself while traveling, it’s possible to sustain a healthy lifestyle even during business trips. By supplementing theses steps with exercise and rest, you may find that your weather the travel much better than those who abuse their bodies and find yourself more productive as a business person as well because you made the effort to eat well on the road.

Business capital requirements in Canada often boil down to some basic truths the business owner/financial mgr/entrepreneur needs to address when it comes to financing for businesses.

One of those truths? Knowing the true state of their financial condition and what financing they do and don’t qualify for when it comes to meeting commercial lending requirements in Canadian business.

Business Loans In Canada

Whether you are smaller or start-up firm looking for information on how to get a business loan or a larger established firm looking for growth financing or acquisition opportunities we’re highlighting 3 mistakes that commercial loan seekers like your company need to avoid making when addressing, sourcing and negotiating your cash flow / working capital and commercial financing needs.

1. Understand the true condition of your company finances – These are almost always successful addressed when you spend time on your financials and understand how your financial statements reflect your access to commercial loans & business credit in general

2. Ensure you have a plan in place for sales growth and financial needs as it relates to commercial financing

3. Understand that actual hard facts about cash flow which is, of course, the lifeblood of your company

Can you honestly answer or feel positive about all those 3 points. If so, pass Go and collect $ 100.00!

A good way to address your company’s finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn – i.e. not growing, losing money, etc; It’s never fun to fund yourself in an economic or industry downturn such as the COVID pandemic of 2020!

When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and cash fluctuations is key.

How do cash flow and sales plans and projections affect the type of financing you require? For one thing sales growth usually starts out by consuming your cash, not generating it. A poor finance plan will drag your business down and addressing financing simply gets tougher and tougher.

Three basics always emerge when it comes to your search for the right business capital and financing.

1. The amount of financing you need

2. The type of financing (debt/cash flow/asset monetization) The business loan interest rate will be dramatically affected by whether you choose traditional or alternative financing solutions. Private business loans in Canada come from non regulated commercial finance companies most often known as ‘ alternative lenders ‘. These lenders are typically highly specialized in one ‘ niche ‘ of business financing and may be Canadian firms or branches of U.S. banks and non-bank lenders

3. How the financing is structured to be manageable with your day to day operations

What Finance Company In Canada Can Meet Your Borrowing Needs & Why Is Capital Important In Business

Let’s identify and break down key financings your firm should know about and understand if they are applicable and achievable to your business. They include:

A/R Financing / Factoring / Confidential Receivable Finance

Inventory finance / floor planning / retail inventory

Working Capital term loans

Unsecured cash flow loans

Merchant working capital loans/advances – these loans are geared toward short term cash needs and are typically one year in duration. Loan amounts are typically 15-20% of your annual sales revenues.

Royalty finance

Asset based non bank business lines of credit

Tax credit financing (SR&ED bridge loans)

Equipment Leasing / Sale leasebacks – Equipment financing in Canada is used by almost 80% of all companies looking to acquire new, and used, assets.

Govt Guaranteed Small Business Loan program – Government Loans in Canada are sometimes referred to as ‘ SBL’, aka Note: BDC Finance solutions are available from this Canadian non-bricks and morter crown corporation. A small business loan via the government-guaranteed loan program comes with true flexibility around term loan duration, market rates, no pre payment penalties, and of course the low personal guarantee that is required by borrowers. These two ‘ government ‘ loan solutions are often perfect for financing a new business.

If you’re focused on not making mistakes in your business finance needs and want to capitalize on the solutions your competitors are probably already using seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and commercial financing needs.

Stan has had a successful career with some of the world’s largest and most successful corporations.

His employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) In 2004 Stan founded 7 PARK AVENUE FINANCIAL – He is an expert in Canadian Business Financing.