How To Create A Business Note That Is More Attractive To A Note Investor

How To Create A Business Note That Is More Attractive To A Note Investor

You are selling your small business (business value under $1 million for this article). You would like the buyer of your business to come in with an all-cash offer, or be able to qualify for an SBA guaranteed loan. However, in many cases the owner of the business ends up taking back the financing because the buyer is not able to make an all-cash offer or does not qualify for an SBA guaranteed loan. So you create a “business note” and you now become the “bank”. At first that may seem okay, but after a couple of years of receiving payments you may decide you want to get back into business and you need the cash that is tied up in your business note on which you are receiving payments. So now you want to sell your business note to raise cash for your next business venture. What is it worth? That will depend a lot on how you structured the note. The objective of this article is to help you structure the note so that it is more attractive to a prospective business note buyer.
Assumption: This article discusses the structure of a note that includes only the business assets of a business. If a business also includes real estate that is being sold at the same time as the business, that real estate should be sold in a transaction that is financed separately from the business assets. This allows each to be valued and financed in the most optimum manner. For example, it may be possible to finance the real estate with a lower down payment, for a longer term, with a lower interest rate, and without a personal guarantee.
The objective of a business note buyer or investor when buying future business note payments is to minimize the risk of a default on the note. Therefore, they look for specific things when evaluating the purchase of future payments from your business note. Those include the following.
buyer’s down payment
number of payments made on the note (also known as “seasoning”)
buyer’s credit history
personal guarantee of the buyer
total amount of payments being sold
cash flow of the business and past profitability
length of term of the note
payment amount
lien position of the note
amortization of the note
experience of the buyer with the type of business purchased
interest rate on the business note
documentation of the business sale
Unlike the purchase of a piece of real estate, the tangible assets of a small business may not be adequate to cover the amount due on the business note if the buyer of the business defaults. Therefore, the business note buyer is looking for ways to lessen the likelihood of a default. If there is a default on the note, the business note buyer will require that the business buyer follow through on their personal guarantee which secures the business note.
A cash down payment of at least 33 percent should be made by the business buyer. This down payment should not come from borrowed funds. The reason for requiring such a large down payment is to make it less attractive for the buyer to “walk away” from the business if they encounter problems. If they have a significant amount of their own money invested in the business, they may think twice about walking away from the business when things get tough.
If the down payment was less than 33 percent, then the business note buyer will require that the difference be made up by additional payments on the business note. The business note buyer wants to see that the new owner of the business has at least a one-third equity investment in the business between the combination of cash down payment and payments made on the business note while operating the business.
Business note buyers want to see that at least two monthly payments have been made on the note by the new owner of the business. For new owners of professional practices such as doctors or dentists, a larger number of paid monthly payments will be required. This serves a couple of purposes. It should show that the new owner is generating cash flow from the business. It also allows the new owner to see if the business is meeting their expectations. As part of the “due diligence” performed by the business note buyer, they will interview the new owner to see if any problems exist that might lead to future problems making payments on the business note. They will want to know if the new owner was “mislead” by the seller of the business.
The buyer of the business should have a credit score of at least 600. A higher score is required by the business note buyer when the value of future business note payments being purchased reaches a certain level. Any “clouds” on the business buyer’s credit history should not be current. These should have been resolved before purchase of the business.
The business note must be personally guaranteed by the buyer. It cannot be guaranteed by the company buying your business. Specifically, it cannot be guaranteed by a person signing on behalf of the company. If there is a default, the business note buyer will be coming after the personal assets of the individual(s) making the personal guarantee. A personal financial statement for the buyer should be obtained to verify that they have the necessary assets should it be necessary to fulfill the personal guarantee.
The maximum amount a business note buyer will buy in a single transaction is between $300,000 and $450,000. You can create a business note for more than this maximum amount, but the business note buyer won’t buy more than their maximum at one time. This means when the period is completed for which payments have been sold any remaining payments will once again come to you. At this point you will have the option of selling future payments again, if you want to.
The cash flow of the business must be adequate to service the note and provide additional cash for the new owner to live on. The cash flow should be at least 1.25 times the amount required to service the note. The business should have been in the same location for at least 3 years (4 years for restaurants and bars), and it should have been profitable over that time.
The term of the note should not be longer than 72 months with 36 to 60 months being preferred. You can create a business note for longer than the recommended period, but a business note buyer will only buy the number of payments with which they are comfortable. The objective is to minimize the risk to the note buyer. The longer the term, the greater the likelihood that something will go wrong. The note buyer is looking to minimize their risk because the note is not fully secured by the assets of the business.
A key item related to the term of the note is the term of the lease of the space in which the business operates. In order to avoid a major disruption to the business due to a problem renewing the lease, the term of the lease should be at least as long as the term of the business note.
The business note must be in first lien position. The business note cannot be a second position lien behind a bank loan. If there is a default, the second position lien holder may have a difficult time recovering their investment.
The business note should be fully amortized over its term. There cannot be a balloon at the end because there is probably no way to refinance the balloon at the end of the note term. If a bank was not willing to finance the original transaction, it is unlikely that they would be willing to finance the balloon at a later date.(Notes: Some business note buyers may accept a balloon if it can be amortized within 24 months using the same monthly payment used to pay the note. Other business note buyers may buy payments up to a few months before the end of the note term, but leave the balloon for the business note holder.)
The business note buyer wants to see that the new owner of the business has prior experience running the type of business being purchased. This is especially important for the purchase of a “high-tech” business or a professional practice. The assumption is that someone with experience in the type of business has a better chance of succeeding than someone without prior experience.
One of the biggest factors contributing to the discount that the seller will have to take when selling the future payments is the difference between interest rate on the original business note, and the yield required on their investment by the business note buyer when they buy the future note payments. Therefore, the interest rate on the business note should be set as high as possible while still allowing a monthly payment that can be covered by the cash flow of the business for the term of the note.
The deal is not done until the paper work is done. There are stories where people documented the sale of a business on a napkin or restaurant place mat. That will not be adequate if you have any thought of selling your business note in the future. There are four main documents that should be produced. It is recommended that a lawyer be used to help properly prepare these documents. The documents are listed below.
chattel security agreement or chattel mortgage
promissory note
purchase agreement
The UCC-1 documents that the seller is holding a “perfected” lien on the business. This document is filed with county government and is part of the public record. If there is a default, this document indicates that the business seller will be first (after tax liens) to receive proceeds from the sale of any business assets.
The “chattel security agreement” is a list of the tangible assets of the business. This will usually be the furniture, fixtures, and equipment that are the tangible assets of the business. The intangible assets are things like a loyal customer base that can be lost if the new ownership does not provide the service received from the previous ownership. The chattel security agreement does not become part of the public record, but is necessary to document what the tangible assets were at the time of the business sale.
If any vehicles are part of the security for the business, the title of the vehicles should indicate that you are the owner of the vehicles so that the new business owner cannot sell these vehicles without your knowledge.
The promissory note documents the details of the sale like value of the note at the time of sale, the term of the note, the monthly payment, the interest rate, and any other special terms such as late payment fees.
The purchase agreement ties the whole transaction together. It may contain information that is not specifically contained on the other documents such as provisions to provide periodic financial statements to the seller which could then be made available to a prospective note buyer for evaluation.
The promissory note or the purchase agreement should not contain any “offset” statements which would allow the business buyer to deduct from payments made on the note due to problems running the business or problems with equipment purchased as part of the business. If the promissory note or purchase agreement does contain “offsets”, then the business note buyer will require at least 6 months of seasoning to see if there have been any events that would activate the “offset” provisions.
The following table summarizes the factors contributing to a business note that will be more attractive to a prospective note investor.
Note Factor
Preferred Value for Note Factor
Buyer’s Down Payment
At least 33% in cash that was not borrowed
Minimum Number of Payments Already Made (Seasoning)
2 monthly payments (more are preferred and more are required for professional practices) by the new owner
Buyer’s Credit History
Buyer must have a credit score of at least 600 with no recent “clouds” on credit history
Personal Guarantee
Personal guarantee required (cannot be a person signing on behalf of corporation or partnership)
Total Amount of Payments Being Sold
Maximum is $300,000 to $450,000 in a single transaction (note can be created for more than this amount, but the maximum that can be sold at one time is $300,000 to $450,000)
Cash Flow of the Business
Cash flow should be at least 1.25 times the amount of the monthly payment on the business note.
Length of Term of the Note
72 months maximum but 36 to 60 months is preferred (Note can be created for a longer term but business note buyer won’t buy the payments beyond a certain point.)
Lien Position of the Note
First lien position only
Amortization of the Note
Note must be fully amortized within the note term
Experience of the Buyer
The buyer should have prior experience in the type of business being purchased.
Interest Rate
As high as possible such that cash flow can support the required payment for the term of the note.
Documentation For Sale
Chattel Security Agreement
Promissory Note
Purchase Agreement
Real Estate
Real estate that is part of the business should be sold in a separate transaction from the business assets
Of course, a business note can be structured other than recommended above, especially if the seller does not anticipate selling future note payments. However, if the seller has any thought that they might want to sell future note payments, then the seller should follow the above recommendations as much as possible.
If you have an existing business note or are in the process of creating one as part of the sale of a business, and you are thinking about selling some or all of your future payments on that note, then we can help you determine what an investor would be willing to pay for those payments. Please contact us today for a free, no obligation quote on the sale of your future business note payments.

A Soccer Dvd Can Help Take Your Game To New Heights

A Soccer Dvd Can Help Take Your Game To New Heights

Soccer is the world’s most popular game, and consequently there is no shortage of books, videos, and DVD’s that focus on the game. Like fans of most any sports, soccer lovers are likely to want to focus on their game even when they are far away from the field of competition. However, unlike sports like football, basketball, baseball, golf, and many others, there is a shortage of television programming that is dedicated to soccer.

That void is especially noticeable when it comes to television programming that is dedicated toward instruction or fundamentals of the game. However, soccer fans can fill that void by purchasing a soccer DVD to help them pass the time, and elevate their game, during their time at home.

Whether you are an aspiring player, coach, or fan of soccer, there is a soccer DVD that is sure to deliver the information you need in an entertaining format. Any soccer lover is sure to enjoy the action oriented DVD titles that are currently available. From titles like The 2006 FIFA World Cup Film – narrated by Pierce Brosnan – to Champions of Europe, a highlight film covering fifty years of European Cup action; watching soccer played at the highest levels is sure to raise anyone’s appreciation of the game, and it can even help them develop their game by watching the finest players at their finest moments.

And if retrospective video is what you really enjoy, then no soccer DVD collection is complete without the two disk Special Edition of FIFA Fever. FIFA Fever takes you through 100 years of the greatest action and players in soccer history. From Beckham to Pele, Ronaldo to Zidane; you will find all the greatest players and moments on this special set.

While watching a soccer DVD such as FIFA Fever or Champions of Europe is sure to entertain any soccer fan – and you might learn a thing or two as well – if improving your skills or expanding your understanding of the fundamentals is what you seek then there are hundreds of DVD titles that are sure to help you on your way to that goal. A soccer DVD can bring the best coaches and players into your living room where they can pass all their valuable information on to you in a format that allows you to watch it again and again. From tips on coaching premier players from a former elite coach in Europe – such as David Williams in the Coaching the English Premier League series – to tips on coaching young children who are just learning the game, the soccer DVD is the perfect medium for passing along this timeless information.

More advanced players and their coaches are sure to make use of DVD titles that address game situations that better players will encounter, and with proper practice and coaching, exploit. The Tactics and Drills series takes players and coaches through exercises in passing and possession, attacking and goalscoring, and zonal defending, and that series is hardly alone in the marketplace. No matter what your skill level or relationship to the game, there is a soccer DVD that will help you raise your understanding, expertise, and skill.

Play Online Bingo – The fast food of online entertainment

Play Online Bingo – The fast food of online entertainment

Okay, so by now you should have all heard about this ‘fast food’ style phenomenon called online bingo. Interested? Want to know what it tastes like? Slightly afraid you might become addicted to the flavour and so you are staying well clear?

Well, let me give you a bit more food for thought. It may help you decide that online bingo is a tempting dish, and if you do not play immediately you will enter a kind of spasmodic epilepsy, cured only by the sound of a voice in the distant bingo halls calling ‘BINGO’. Or it may confirm your initial view that online bingo is for those with an appetite for loneliness, a craving for bankruptcy and a hunger for the monotonous.

Fortunately online bingo is none of these things.

For many people, bingo is a chance to meet new friends, to have a bit of fun and to spend money on something, in their spare time, which they feel they get a return from, whether emotionally for financially.

Of course, a return financially is highly unlikely because the odds are stacked against you, right? Or are they? Current bingo software is coded to deliver a return to the bingo operator of a specific percentage. Current research shows that percentage to be around 30-35%. That means for every £1 you spend, the bingo site will keep around 35 pence for operating costs and profits. The rest will go into the jackpot as prize money for each game with a percentage towards a progressive jackpot. And of course, it does not benefit a bingo site to keep most of the money for themselves, otherwise their players will soon realise that no-one is winning, their prizes will become small, the dish has gone cold, and the hunger for a different bingo site grows rapidly.

So to ensure that you are playing on a reputable site and one which delivers the right ingredients for a rewarding and tasteful experience, look on the homepage for a logo which refers to a Gaming Commission or Game Auditors, such as Thawte, or that the site is closely associated with GamCare. Also try and play on a site licensed within the European Union, for example Gibraltar, which is highly regulated. You can also tell if a site is paying out regularly by the numbers of people online against the level of the jackpots for each game. On first glance, a reasonable jackpot, with a good number of players, equates to a popular and successful site with good payout rates. A good place to start is on a site which is part of a network of bingo sites, such as Chit Chat Bingo which is part of the highly reputable St Minver network and supported by Parlay software, with lengthy experience in the online bingo industry and audited on a regular basis.

The odds of winning a bingo game depend on how many players are playing at a given time. But for everyone playing you can be sure of one thing – somebody will win and that someone could be you. There are sites that may use unscrupulous marketing ploys to tempt you to part with your money. Promotions you should be wary of are the ones like ‘win £100,000 jackpot in under 40 balls’. The odds of winning this kind of amount in under 40 balls, equate to about 20 million to one. You have more chance of winning the national lottery. Your best option is to keep it simple and keep it realistic. Don’t follow these types of outrageous promotions. No company is going to give away that kind of money in a hurry.

But we all know that the odds are stacked against us, right? Yet both the offline and online bingo markets are growing at an enormous pace. A recent survey showed that of the 3 million plus land-based bingo players in the UK, around 50,000 of these now play online bingo. Around 2000 land based people play bingo online every night, bringing approximate monthly tickets sales to over £10 million .

So is playing online bingo another true form of gambling addiction, or is it just another way of feeding our fast-food like lifestyles, with the need for instant satisfaction and immediate fulfilment before we move onto the next fad?

Psychologists suggest that the internet in itself is known to be addictive and presents particular problems for those who may suffer from a gambling addiction. However, recent research by Ms Winstone (a Southampton University psychologist) shows that it can improve reactive mental abilities in all ages.

In some ways playing bingo is no different to playing the national lottery or having a flutter at the races. Granny used to play bingo and to call granny a gambler seems ludicrous. But the national lottery or the bookies are simple forms of gambling, and is bingo really any different.
Always the odds are stacked against you but yet people still place bets or huddle around the lottery TV shows, fingers crossed in one hand and lottery tickets in the other.

And the demographic is changing too – with 90% of online bingo players now below the age of 50. So whereas before, the bingo organisations would target granny’s hard earned pension, operators are now targeting a much younger and broader internet savvy audience, looking for a new way of feeding us instant ‘fast-food’ like entertainment in an ever evolving internet dependant world.

So while the average household is spending £20 per week on fast-food (National Statistics survey) the fundamental reasons why people like to play online bingo are the same reasons why you and I may enter a Chinese Takeaway on a Friday night – the need for a speedy response to a craving, a desire for instant satisfaction, and a longing for a taste that leaves you wanting more.

So before you lick your lips and tantalize your taste buds with the delights of online bingo, remember that it is to many a form of gambling and to others a form of entertainment. Make of it what you will but enjoy the taste while it lasts… you will certainly be back for more!

The Best Art Schools in the United States

The Best Art Schools in the United States

If you are serious about earning your art degree, you need to investigate the many different schools throughout the United States that offer degrees in your field. You may want to get a degree in art at an accredited university or college and then proceed to specialize in a certain field. Finding the best art schools in the United States depends on what field of art you plan to work in. What may be an excellent school for one field may be inappropriate for another.

If, for example, you wish to go into the culinary arts, you are going to have to train with a professional chef. There are many culinary arts schools in the United States. Culinary Arts Programs vary from school to school. If you are interested in learning French Cuisine, you may be interested in attending a LeCordon Bleu Culinary Program. If you like to bake and want to learn how to specialize in gourmet pastries, you may try a pastry arts baking school. Most culinary arts schools not only teach how to cook, but also about how to maintain sanitary standards, how to run a kitchen and even the business aspects of running a restaurant.

If you want to be a painter and have always dreamed of painting portraits for a living, you can attend art college but will then want to study with an individual artist. Many museums have resident artists who work with a select number of students who are deemed to be gifted. In order to get into one of these programs, you will have to submit your work for approval.

The best art schools in the United States for anyone who wants to specialize in the fine arts, such as painting or drawing, would be within the art institutes in various cities where one can have the opportunity not only to exhibit their work but also work with a professional artist.

To find the best art school for the field in which you want to go into, you will have to think of several things. First and foremost is the budget that you have to enter school. Although there are scholarship programs available, if you travel far you will have to consider room and board while attending art school. You will also need to purchase supplies. Fortunately, most people who attend art school tend to be very creative and can find creative ways to earn money while attending school. They can teach classes for children or paint portraits at craft and art shows to earn some money.

Another consideration must be made to location. How far are you willing to travel to go to art school? This will also be determined by your budget. However, there are many different financial aid programs for someone who has talent and ambition but not a lot of money to make their dream of going to art school a reality.

When searching for the best art schools in the United States, consider your budget and the distance you will have to travel to reach the art school. Also make certain that the art school has the appropriate classes in the art for in which you plan to specialize. Most important, make sure that the school is accredited and that earning a degree from the school will put you on the path towards the art career you have always wanted.

How to Recognize Exercise-Induced Asthma

How to Recognize Exercise-Induced Asthma

Exercise and sports that require continuous activity, especially running and cold-weather activities, can induce asthmatic symptoms. Exercise-induced asthma affects about 17 million Americans, many of which are children.

Symptoms include coughing, wheezing, chest tightness, breathing difficulty and shortness of breath. Children with exercise-induced asthma often start to experience symptoms five to 20 minutes after they begin to exercise.

Recognizing exercise-induced asthma in your child can be difficult because symptoms often take a subtle form. Your child may complain that he cannot run as quickly as friends or may express a dislike for sports. Avoiding sports or physical activity limits quality of life for some children and can lead to problems with fellow students and low self-esteem.

Sports that may act as triggers for exercise-induced asthma include soccer, basketball, field hockey, long-distance running, cross-country skiing and hockey.

“There is no cure for exercise-induced asthma,” said Dr. Michael Kaliner, medical director of the Institute for Asthma and Allergy in Chevy Chase, Md. “But by preventing inflammation, you can successfully reduce the chances of having an asthmatic attack.”

It is important for children to receive proper diagnosis and treatment.

“For children 5 years and older, one option is Intal,” Kaliner said. “It works by preventing certain cells from releasing substances that may cause inflammation in the air passages. It is important to note that Intal should be used prior to engaging in exercise, as it cannot treat acute asthma attacks.”

It is also a good idea to provide your child’s gym teacher or coach with written instructions, including:

* The nature and severity of the exercise-induced asthma

* Which medicines are used to prevent it and how to use them

* Techniques to avoid exercise-induced asthma, including a sufficient warm-up period

* Warning signs when your child is experiencing an asthma attack

With appropriate management, most children are able to exercise and perform to their full ability.

The most common side effects from Intal therapy in controlled clinical studies were throat irritation or dryness, unpleasant taste, cough, wheeze and nausea. Intal Inhaler should not be used in patients who have shown hypersensitivity to cromolyn sodium or other ingredients in this product. Intal has no role in the treatment of an acute asthma attack.

Dowsing For Prosperity

Dowsing For Prosperity

I get many e-mails and letters regarding using dowsing for wealth and prosperity. They range from dowsing winning lottery numbers, stock market dowsing to getting a job or a contract. I think we all have a birth-right to be prosperous as long as we do it in a conscious manner without hurting others or the environment and use the wealth for overall growth, not just selfish reasons.

When it comes to using dowsing for getting the winning lottery numbers – well, I haven’t met or heard of anybody who has been successful at that. (if there are any – they probably keep it to themselves :o)

The way I see it – there are so many people involved in the process that it’s virtually impossible to get an agreement on a higher level – all of them (or rather their Higher Selves) would have to agree to loose in order for you to win – probability of that is rather very slim, regardless if you want to win just “to get rich” or have a noble idea of creating or supporting some charitable cause. If you prove me wrong – let me know!

Dowsing Stock Market – I don’t have much personal experience with that, but from what I’ve seen and tried with others – it’s much easier to dowse a long term trend then it is to dowse tomorrow’s stock.

The best place to apply dowsing for prosperity is on personal level. First – in finding all the blocks – both: conscious and subconscious, that you or the society you grow up in places on you, the next step is to remove those blocks and allow yourself to be prosperous. There are many techniques that you can apply here – check my website to find out more.

That’s all for now, live healthy and prosper!

Chris Gozdzik

Keep A Sketchbook And Have Fun

Keep A Sketchbook And Have Fun

A sketchbook is like diary for an artist, a place where you can just let out all your art without any worries. Any person who wants to get better at drawing should have a sketchbook, because it not only records your ideas, thoughts and experimentations, but a sketchbook also gets you drawing and drawing, building your skills with every moment. You will see that the quality of your sketchbooks will be better and better, and what at first was dull then will become almost a work of art for itself.

In a sketchbook you can do anything you want, although some artist prefer to have sketchbooks based on themes. For example you could have a sketchbook only in human anatomy, and another just a “test sketchbook” where you try any kind of ideas that comes to your mind. And remember that sometimes is not all drawing on your sketchbook, you can write some ideas too, you thoughts, all this is valuable when years pass and you can have a better perspective of how your art has evolved.

What can you draw? That is up to you, but I know sometimes is hard to just start drawing. And this trivial things often end up taking more time than they are supposed to. Luckily, there are websites and books where you can get some ideas on what you can draw in your sketchbook.

About techniques, don’t hold back. This is personally what I like most about sketchbooks. Since sketchbooks are personal, not meant for the public to view, you can experiment as much as you like. That applies to style, medium, composition. This way you can truly discover what can be done to make your art better. Just go wild would be the better advice.

Consider your first sketchbook as a beginning of a journey, just imagine all the things you will learn on your way, through a road that is full of surprises. Let freedom and creativity be on your sketchbook and have a lot of fun!

Business Grants for Women

Business Grants for Women

Many women in business find that in order to meet their business’ financial needs, they turn to searching out a loan source. Business loans for women are widely available through the Small Business Administration and a variety of other sources such as banks, credit unions and other financial institutions. Loans, however, are not the only source for financing. In some instances, business grants for women are available.
Business grants for women are a wonderful option for some women in business. Grants are an excellent source of funding because grants are not repaid. The funding is provided through government resources that have been budgeted for specific needs in our national community. Anyone is open to apply, so business grants for women are available to anyone regardless of gender, race, religion, or background.
The downside of grants is that business grants for women are not widely available. Rather, business grants for women are available only to select businesses and under very strict circumstances, mostly for research or development. Technologically-focused businesses, for example, will find it much easier to qualify for a grant than a craft or retail business. Still, because the money is readily available, even if your business is retail oriented, it may be of benefit to check into business grants for women available for various resources that could assist you in your business.
According to Denouement Solutions and, the United States government and its government organizations offer more 1000 grants totaling more than $400 billion in grant funding every year. Only 10 percent of citizens that qualify for these grants actually apply for grants, despite the fact that many more than that would qualify for a business grant for women. Therefore, even though not every individual or business is eligible for a business grant for women, it certainly can be beneficial to check into business grants for women.
According to, the United States government’s web site and main resource for grants that are available and can be applied for, there are more than 1000 grant programs offered by the 26 Federal grant-making agencies. These programs fall into 21 different categories, as defined by the Catalog of Federal Domestic Assistance. While some agencies may list available grants under multiple grant categories, the Federal government lists these categories of grants as follows:
– Agriculture
– Art
– Business and Commerce
– Community Development
– Consumer Protection
– Disaster Prevention and Relief
– Education
– Employment, Labor, and Training
– Energy
– Environmental Quality
– Food and Nutrition
– Health
– Housing
– Humanities
– Information and Statistics
– Law, Justice, and Legal Service
– Natural Resources
– Regional Development
– Science and Technology
– Social Services and Income Security
– Transportation
Even though the category of Business and Commerce may be what appears to have the largest selection of resources for business grants for women, consider the other categories as well, according to where your business falls. For example, if your business is a restaurant, don’t hesitate to check the Food and Nutrition category for grants currently available. If your business is a farm, check the Agriculture section.
Grants aren’t available for starting or opening a new business, and they also aren’t available for expanding on an existing business. However, business grants for women can offer funding for research or development of the business. Many grants may not be applicable to your particular business or needs, but there may be funds available for research, education, or other things needed for you to operate and improve your business to help you achieve business growth.
In general, when considering the options for a business grant for women, do your homework and read carefully. Look at all grants available that might be related to your particular business. Consider looking into the Business and Commerce section, of, as mentioned, and also look into the different categories of grant fundings. Take the time needed to read the grant qualifications carefully. With any business, check into the Regional Development category, as well as the Community Development category. Depending on your location within the United States, it’s possible to qualify for a grant to economically develop certain areas, and expanding a business in one of these areas can possibly assist you in qualifying for a business grant for women.
Additionally, consider applying for an educational grant if returning to school is an option you’d like to consider. Many grants for higher education are offered each year, and not all are awarded. Knowledge is an extremely valuable business tool, and because the money is readily available for those who qualify, and educational grant is an excellent option to consider as a business grant for women.
Contact the specific government agency offering the grant for tips, information, and to ask questions before submitting your application.

Sports Betting Affiliate: Benefiting From The Success Of Online Sports Betting Webites

Sports Betting Affiliate: Benefiting From The Success Of Online Sports Betting Webites

Gambling has always been a popular pursuit, from the introduction of money as a method of measuring wealth, greed and the sense of thrill has driven millions of people to risk ruin. Today gambling has become a way of life for millions of people worldwide. A large contributing factor in the modern explosion of gambling can be attributed to the introduction of the interactive realm of the Internet. The new online generation was able to access gambling sites and games for the first time ever at any time and from almost any place. Every aspect of the gaming industry has grown many folds since the inception of online gambling. Casinos have become commonplace and are in themselves a hugely lucrative industry. The world of poker playing has been given a major face-lift, with online games rejuvenating and popularising the game to a whole new audience. But one of the largest success stories of the Internet gaming boom has come in the form of sports betting.

Betting on popular sports such as soccer, football, baseball, hockey and horse racing have always been popular with people in countries where the sports are most popular. But with the introduction of the Internet sports betting people from all corners of the world were finally given the ability to bet on almost every major sporting event, no matter how seemingly obscure the location or sport. Everything that can be assigned odds can be gambled on, therefore the popularity and diversity of the gamblers has become so widespread that inevitably there was an explosion.

Like all large businesses small outlets of possibility have emerged from the online sports betting boom. The range of opportunity and relative value is staggering especially by traditional standards. One of the most creative subsidiary industries to have been born out of the Internet boom, is that of affiliate marketing. It is a simple advertising plan that allows the distribution of wealth to be spread from the large sports betting companies all the way down to standard Internet users. It is also an industry that maintains competition within the sector and helps companies grow into larger businesses. It works as a sort of reward scheme for websites that host the sports betting sites advertisements. When a player joins via an affiliate site, identified by a unique URL, the affiliate then shares a percentage of said players lifetime money generated for the site. Therefore with the affiliate amply rewarded for their part in generating new customs, it becomes their duty to continue bringing in more and more new customers. It is through this success and reward strategy that the affiliate program has become such a successfully and profitable marketing strategy for so many industries, including that of online sports betting.

The Rise and Rise of Poker – An article by The Sportsman

The Rise and Rise of Poker – An article by The Sportsman

The immense diversion of the gambling and betting industry over the last ten years has without question changed forever. The likes of football betting, online casinos and, of course, poker hardly existed on the betting landscape as horse racing was in a market of one. The internet coupled with the Lottery have transformed the industry permanently and it’s all the better for it.

The National Lottery place a crucial role in all this despite being hailed by bookmakers at the time as being the deathnel of the ff-course betting shop. The reality, and to be fair nobody, saw it coming, was that The Lottery sanitized the whole notion of betting – it was now seen as OK to have a small flutter for a bit of fun. The internet arrived simply as the rocket fuel to pour on the naked flame.

Nevertheless, the real product winner is without question poker. The exchanges have a case but they are still, at present, seen as only for the sophisticated gambler. No doubt as the rest of the world catches up with the UK the likes of Betfair will flourish more globally but perversely they almost need the traditional bookmaker to be established before them.

Poker however seems to have swept all before it and unlike Betfair it’s a multitude of companies that are seeing the benefit from online bookmakers to bespoke poker sites. But why has a game that has been around for hundreds of years suddenly exploded so much?

The reality is because it is, in fact, very easy to play, if you want to see exactly how easy then check out the rules of poker. True it does take longer to master as much of the marketing will tell you but, especially online, where your face doesn’t give you away those with the basics can still beat the best and the David and Goliath factor is what drives most people, especially when gambling. Whether it’s you versus the bookie, other poker players or other exchange users, the drive is the winning. Not necessarily the amount – watch a new gambler winning a long odds-on bet with £5 wagered – still delighted despite only collecting a matter of pence.

Now that so many people play can there ever be a true World Number 1? It is surely very unlikely from now that any single player will win the WSOP twice – ever! This is because te sport is now completely swamped with new players many of whom are very good at their craft but elements of luck will always play a part. Some will argue this is true of any sport but in most traditional sports the best players are there or thereabouts.

Nevertheless, the figures show the game to be in rude health and seemingly not showing sings of reaching a plateau which it must at some point but the figures coming out of Party Poker and show nothing but the rise and rise of poker. Nobody should be talking of flushing or folding just yet, just wait for the Chinese to get online and the sky will be small fry as far as limits are concerned.

The above article was brought to you by the The Sportsman.