Bank finance articles and tips

This holiday season, many news stations and publications are cautioning Americans to steer clear of payday loans. Oftentimes, the press will depict this means to get money as detrimental and dangerous. By trying to warn people of the pitfalls of unwise spending, publicity skews payday loans into a monster that they are not. Wise borrowers are almost always satisfied with their loans....

A corporation is a legal entity treated as an individual and is created through legal means. It is subject to the laws of the state and has its own set of privileges and liabilities apart from the members of its body. Corporations come in many form but its popular form is intended to conduct business. They were once created by charter passed by legitimate body. There are now jurisdictions that acknowledge its formation through registration.

Setting up a corporation is popular among start-up businessman. There are many benefits of choosing a corporation rather than a sole proprietorship and one of the most important is its limited liability. If a corporation loses its sustainability and goes down, there is a high chance that all of its shareholders will lose their investments. Senior employees also may lose their position and they cannot blame or point a finger to anyone except to the corporation itself. Neither the shareholders nor employees are held responsible for any debts incurred by the corporation to its creditors....

End year is an ideal time for investors to review their investment funds and investment activities throughout the year and make adjustments that will save them on their taxes. There are various moves that one can take to save on the tax that they would otherwise, pay during tax time....

In my selling skills workshops, I ask the participants to nominate what they believe is the most important interpersonal skill they need to master. The usual suspects - the meet and greet, qualifying, objection handling, closing routines - all get to figure in the discussion, and predictably, good questioning technique soon rises towards the top of the pile. However, to the surprise of many of the participants, we always finish up agreeing that, irrespective of how well we get to master the skill of asking carefully-chosen, well-timed questions, it will all amount to nothing unless we have the dedication and discipline to actively listen to the answers. I guess we should keep in mind that people don't care how much we know until they know how much we care... and they will quickly appreciate how much we care by how attentively we listen to them....

Merchant Banks are now making a large proportion of their profits by charging fees to both end consumers or account holders (although they worry about overdoing this to prevent customer "churn") and to merchants who want to offer payment services to their customers. In the latter, there are many direct and indirect fees in the mix that need to be closely scrutinised. In this follow-on article a philosophical perspective is taken and we gaze into the crystal ball a little. We will therefore look at what the future might hold for merchant bank fees of all kinds....

People today are growing more and more tired of being sold. Consumers aren't interested in being sold on either products or services. In general, most people don't want to be sold, they want to buy.

When you approach an individual to sell them something, their sales radar obviously goes up and they naturally back away. They may even back away without knowing what you are selling. The sales process was too much for them and they bailed on you before it begin....