Business Finance Profile

Archive for March, 2011

Worried about the spiraling life insurance premium? We have enlisted 5 quickest ways to lower your life insurance premium. Well, keep these points in mind but do tread with caution and act prudently.

Shop around and Bargain
Shop, Compare and Bargain! Well, the oldest principle, old as dirt, but still going strong. Once decided on your coverage, don’t just sign up for the first plan that crosses your eye. Ensure that you shop around (internet is a great place to start) and get a feel of the market. This would help you to bargain hard and get the greatest coverage at the lowest possible price.

Opt for Term Life Insurance – The quickest way to lower your life insurance premium is to opt for Term Life Insurance policy instead of a whole-life policy. The idea is to keep insurance as what it is and not turn it into an investment product. Thus, you can get yourself insured under term life policy at the fraction of the cost of a whole-life scheme with typically the same coverage amount. However, do not forget that Term Life Insurance covers you only for a pre-defined period of time.

Keep yourself Fit – Be a low risk proposition for your insurance provider by maintaining a healthy lifestyle and keeping yourself away from addictions such as smoking, drugs and alcohol. A good health record will result in considerable reduction in your life insurance premiums.

Consult an Insurance Advisor – To reduce your life insurance premium, the easiest thing you can do is to consult a good Insurance Advisor. Since the advisor will be pro in the insurance marketplace, he/she would be able to get you to the most affordable deal in line with your coverage requirements. Essentially a good insurance advisor would compare different market rates for you and would also negotiate the best rates on your behalf. Well, internet is a great place to identify an agent.

Start at a young age!
Insure yourself at a young age. Life insurance premium at a young age is only a fraction of what it could be when you are well into your middle-age. The premise is young and healthy people are the lowest risk segment. The low mortality risk is a great incentive for insurance companies to insure you at lower premiums.

Looking for good school fundraiser? Cookie dough sales are an easy moneymaker. What is a cookie dough fundraiser? The basic concept is the same as all order taker fundraisers. You equip your sellers with a brochure, an order form, and a basic sales script.

Your group does catalog sales of a three-pound tub of cookie dough. Average retail price is $10 per three-pound tub. The dough comes in a wide variety of flavors, including some that are sugar free.

Some suppliers are now offering the dough in pre-sliced packages to further simplify the baking process.

Others are offering it in a dry mix that doesn’t need to be refrigerated. All you do is add water, mix by hand, and you have your cookie dough ready for baking.

Profitability
Most fundraising companies offer the three-pound tubs of cookie dough at a 40%-50% discount. Some suppliers also offer a larger four-pond tub for slightly more.

Cookie dough needs to be refrigerated, so this fundraiser requires a little more delivery preparation.  Kids like selling this because it’s something that they enjoy themselves.

The average seller makes ten sales or approximately $100 in revenue. That translates to roughly $50 in profit per seller, which is quite good.

Factors affecting your cookie dough fundraiser profitability include freight charges, quantity discounts, quality of the brochure, number of available cookie dough choices, and the need to keep the dough refrigerated.

This product works well for both elementary school and high school fundraising.

Larger groups can easily earn a quantity discount above 50%. As always, do an RFQ fax quote to the supplier list and get your best possible discount up front.

Sales Tips
Here’s what they need to do to sell:

1 – Smile, use their name in greeting, and introduce yourself
2 – Use the power of “because” (give a reason why)
3 – Ask for their help (ask for the order)
4 – Make eye contact and suggest a favorite

Example sales script: (Keep it short & sweet)

Hi, Mrs. Johnson! (Smile & make eye contact)

I’m Jimmy Roberts from down the street. (Hand over sales flyer with large bold print)

Our school is doing a cookie dough fundraiser because we need new computers.

Can you help us out with a $10 contribution? That gets you a three-pound tub of cookie dough. My favorite is the chocolate chip, but peanut butter is real popular too!

(Pause and wait for a response)

The important points are to smile, use a sales flyer, use the word because, ask for their help, and suggest an order size, then wait for a response.

Each prospect has a potential dollar value to your organization. Don’t waste prospects by not being prepared. Make sure all your sellers know what to say and how to say it.

Debt is something that too many of us have to worry about day after day, feeling as though things might not ever get better some days. It is so very stressful wondering how in the world you could ever possibly find some debt relief and in many instances, it can cause depression, anxiety and even problems within a relationship or marriage. Throughout this article I want to discuss with you some more information regarding debt relief and how you can get it.

There are many options available for those of you who are completely flipping out each day just trying to make ends meet, feeling as if it will never get any better for you. Nothing positive is going to come your way if you do not decide to try and do something about it. Some choices are not easily made but in life, if you do not sacrifice when needed, things just might not get any better for you. We all want more information regarding debt relief, right! So, keep reading this article.

One thing that you could do if you are noticing that debt is controlling every aspect of your life is, start making some changes on the way you spend money, what you spend money on, how much you are spending and anything else within your daily routine that might need to be changed a little, to ease you from some of your financial struggles. Sit down and really give this a great deal of thought, instead of crying all the time, wishing, hoping and just waiting for something to change, without doing anything to make it happen!

Really pay close attention to what financial mistakes you are currently making that is helping to keep this debt burden on your shoulders at all times. Are you doing everything right, are you blowing unnecessary money on unimportant things, are you working hard enough to earn the money that it is going to take to clear up some of the debts that have collected over time? These are some questions that you all need to be asking yourself in order to begin the process of making corrections and different improvements in your life.

You also have the option of debt consolidation but make sure before you make any decision to do something such as this, that you are going through a legitimate company that is highly reputable. This decision needs to be one that is going to really help you financially. Ask plenty of important questions and really make sure that this is the best decision which will benefit you the most.

Get on the internet and do some research in your spare time, to find out more about debt relief, as well as different little things you can do on your own to try and help out with your stressful financial situation. Anybody can run into problems such as these and it can happen when you least expect it. Do not wait for it all to pile up so drastically that nothing could possibly be done about it, do something now!