Make sure to take the correct legal precautions
From selling your favorite skin care line to your social
media connections to building a website for a former client, today’s technology
allows us to easily bring in extra income with casual side projects. However at
what point does it become a viable business.
“aka” In-House Customer Payment Plans
With majority of business processes automated – payment plans are more
readily available than ever before. This includes business goods, services, and
consumer goods – almost everything under the sun can be financed.
With that being said it is crucial for a business to offer payment plans for products and services to keep up with competition and most importantly grow sales and increase revenue.
Commonly, a customer that wants or requires a finance option is often not going to share that with whom they are purchasing from. Keep in mind, 100% of your customers that pay cash are already doing so. So suppliers offering a financing option have the chance to convert more existing prospects into buyers.
Debt comes in many different forms. At ILS we use it as a revenue generator. Watch to learn more about business asset.
Yes debt does affect your business to borrow in the future, however in a good way! Watch to learn more about business debt.
Do you know what it takes to have a successful brewery?
This past week, June 14, 2016 at Silo in the Makers Quarter of Downtown San Diego, a group of brewers, future brewers and industry folks gathered to discuss the current state of the brewing industry and its’ future. Elaine Rodriquez, ILS’ very own Brewing Finance Expert was amongst the attendees.
The educational event spotlight was on the panel of 4 experienced, well-known brewers from San Diego. Panel consisted of: Doug Constantiner of Societe Brewing Co, Jim Crute of Lightening Brewery, Jacob McKean of Modern Times Beer and Curtis Hawes of Second Chance Beer Co. Continue reading