Business Posts

The weekly networking group

For several years now I’ve been attending a weekly business networking meeting at a local restaurant. Fortunately for the group they have found a restaurant that allows them to meet there without any charge. The hope is that the participants will actually order and pay for something, but I’ve noticed that most of the time the participants only order a cup of coffee. (Which really is too bad, I think that people should eat a meal there too, there is good food and the prices are very reasonable.)

The organization is loosely modeled after an organization called BNI, but there are several differences. One difference is the fact that there are no dues charged. Another is that the group welcomes more than one business of the same type. And the people who run the group frequently remind everyone that attends that there are “no rules.”

Normally at the meetings one of the members shares an educational moment with the group, someone stands up and explains the purpose of the group, and everyone takes a minute to introduce themselves to the entire group and give a very brief description of their business and state what they are looking for from the group that day. Also as part of the meeting one of the members has a ten minute presentation to talk about themselves and their product. Last week’s speaker was a really great presentation by a businessman who sells customized top of the line business apparel. Next week’s speaker is a person who owns an Advertising Agency. The week after that is a woman who works for the area’s Chamber of Commerce. I’ve learned a lot from these meetings!

Posted by Monica in At the Office, Business, Life, Local and tagged with , , , ,

People watching

Having just arrived at the Sheraton, I was people watching while waiting in line at the check-in desk. I like to while away my time such as this trying to guess what the people around me do. The well-dressed youngish man in front of me held himself with an air of self-importance. Lawyer from New York, I thought to myself. The flashy woman beside him, his apparent travel partner I guessed to be his girlfriend, a realtor. The middle aged man with the horn rimmed glasses and receding hairline with a slight rounding of shoulders behind me; raleigh accountant. The young man in jeans and a T-shirt that said “Redskins” behind Mr. Accountant I guessed to be his son. I wondered what event brought all of these people to this location at this point in time.

Posted by Monica in At the Office, Business, Fun, Life, Opinion, Travel and tagged with , , , , , ,

Catch 22

When we moved five years ago, we listed our house in New England for sale. The house is in a great location, a popular tourist area. We had no reason to believe that it would not sell quickly. So, we listed it for sale with a well-known real estate agent, expecting the offers to simply pour in. She told us that the house was worth twice what we thought it was worth, and she convinced us to list it at a high price.

So, we signed a one-year exclusive contract with her, and sat back and waited for the hundreds of buyers to come pouring through the door and waging a bidding war! Little did we know that the only thing that the real estate agent would do to sell our home was to give our papers to her secretary to have it posted on the MLS and their website.

In the year that the house was listed with her, the house was shown only three times. Having anticipated a quick sale, we bought another house, which we are currently living in now. Then my hubby was in a bad car accident last fall, which left him unable to work, and no money is coming in yet from the insurance settlement. Mainly because we haven’t gone into settlement yet, my hubby is still going through medical treatments and procedures.

So, long story short, we have run out of money to pay the mortgage on the house in New England. I sent a letter to the mortgage company for that house, requesting special hardship forbearance. I explained the circumstances that the house was for sale, my hubby was injured, that we could make up the payments when the house sold or my hubby went back to work.

The mortgage company denied our request, saying the reason for the denial was that we did not make enough money to pay the mortgage! Talk about a Catch-22! That’s why I sent them the hardship forbearance request!
What is even more upsetting about the denial is that this particular mortgage company is “the one” that has been in the news almost every week, in stories about how hard they are trying to help their customers avoid losing their houses!

So, we have stopped making payments on that house, and are hoping that an offer comes in from a buyer before the mortgage company forecloses on it. I was really hoping to avoid foreclosure because we have had excellent credit our whole lives, and the foreclosure will mark us with bad credit ratings for seven years, which will make our lives a lot more difficult.

Posted by Monica in Business, Family, Finances, Life, Opinion, Shopping and tagged with , , , , , ,

New Job

Guest post written by my buddy Bernardo Graham

I just got a new job and moved to Arizona. I am really excited about living here. I think it is going to be an adventure. I do not know anything about this state and I do not have any family or friend nearby. I am going to have to do a lot of exploring as I start my new life here. I was able to go ahead a buy a house that is very convenient to my work and all of the big restaurants and stores. Since I do not know anyone around and I am not familiar with the area, I think I am going to have a security system installed. I would just feel safer with a security system and I know that my family would feel better about me living by myself in another state if I had a security system in my house. I googled “glendale home security” and found a company that was affordable and they said they could install the system within a few days. Now that I have that taken care of, I can move on to more important things, such as finding the best restaurants in town and the nearest mall.

Your own product solutions

Have you ever wanted to create your own product but didn’t have the logistics in place for how to store the product and then execute the  order fulfillment requirments? Days of having the product fulfillment done in-house are no longer the only option. With the help of the http://www.amsfulfillment.com website, you can outsource the fulfillment process in a state of the art facility using someone else’s employees.

Doing product fulfillment in this manner saves you on payroll expenses and the trials and tribulations of having to provide your own warehousing and shipping solutions. This type of service enables small businesses to keep their costs competitive and lowers the risk of inventory shrinkage. What a great idea!