Are you a dental professional or healthcare provider in need of working capital? The simple solution could be accounts receivable factoring.

Until recently, individual doctors, dentists and physician groups could easily go to their local bank and get all the working capital they needed.  But, while banks still loan money for that purpose, getting a loan or line of credit can be an uphill battle.

The ‘credit crunch’ has caused a major tightening in underwriting parameters at banks nationwide.  banks typically require a minimum credit score of 685, the practice must have a track record of profitability, and start-ups are excluded. Businesses who would have easily qualified for a line of credit six months ago are getting turned down.

The main problems with a bank loan are: it creates debt on which you pay long term interest at high rates, a low credit score locks you out of qualifying, and it often requires a personal guarantee and additional collateral.

Factoring is an excellent means of acquiring needed cash flow.  Medical receivables factoring is the business of buying third-party accounts receivable at a discount so as to make a profit from collecting them. There are very positive differences between bank loans and factoring.

• Factoring is not a loan. It is an off-balance sheet transaction so the factoring fees are a deductible expense.
• Personal guarantees aren’t required, as they are for a bank loan.
• Funds can be received within a week of applying, provided all documents are received in good order.
• With factoring, additional collateral is not required to be pledged.
• Funding is only limited by the company’s pool of receivables, as opposed to bank financing, which usually loans a maximum amount.
• The credit of the business or its owners is not of major importance to the factoring company.
With factoring, funding is limited only by the amount of third party receivables the professional has on its books.

Third party receivables are those amounts due from insurance companies like Blue Cross and government programs such as Medicare and Medicaid.  With medical invoice factoring, the healthcare provider submits a batch of invoices to the factoring company and receives an advance at a rate that is determined by the contract.

The advance rate is typically 75% - 85% of the estimated net collectible value of the invoices.  The remaining amount (the reserve) is remitted back to the provider upon collection, less the factoring fee.

Are you a healthcare provider or dental professional in need of an infusion of working capital? Referring the best resources for medical receivables factoring is just one of the many money management strategies I provide to my clients to insure they achieve their financial goals and build wealth for their long-term financial freedom.

If you would like a consultation regarding your practice or business contact Sandra Simmons at 727-448-1011 or email me at info@MoneyMgmtSolutions.com . Or visit my website at  www.MoneyMgmtSolutions.com.

If you are wanting to barter for goods and feel positive about it, you should identify the services and/or goods first. You may then decide what you are willing to give for these goods and their worth. There needs to be equal value among the items you are trading so therefore it will be a fair trade for both parties. You will feel at ease when the deal is made.

Barter exchange is becoming more common among business owners - particularly in service-related fields. Oftentimes a business owner will approach you with an offer to exchange services or products. However, if that doesn’t happen you will need to go out and find potential barterers yourself. Networking with other business owners is imperative for the system to work properly.

Don’t be shy about calling on other business owners to ask about the possibility of using non-monetary trades to do business with them. The worst that can happen is they say no, meanwhile they have become introduced to the products or services you have to trade. If a potential barter partner says no, make sure they still get your business card and description of products and services you offer.

The perfect opportunity to introduce someone to your services and products is when you find someone that is willing to trade with you. Care for their business the same as you would a paying client. Make sure that you give them the best you have to offer in order for them to spread the word, seeing that they are happy with what was given to them.

Make sure you provide your bartering buddies lots of cards and information about you, your products and services to pass on to their clients. You might even want to give a small discount to their referrals. Make sure you remember the golden rule for getting referrals, and that is to give referrals, if you are happy with what you receive in the barter exchange, be sure to tell every one you know.

Learn the benefits of joining a local Barter Exchange by downloading our “Free” report titled: Top Ten Tips for Joining A Barter Network. Visit http://www.barterforcash.com to get the insider tips and advantages of using Barter in your business.

- Terry Lamb

Most people are aware of this. But what exactly is money? Money is anything that serves as a medium of exchange for swapping goods and services. When a medium of exchange is used as a proxy for the goods or services, then a barter exchange, also called a trade exchange, is no longer occurring.

Once you begin to trade exchange, you will see that it is a great way to do business, however with a few limitations. Trading without the use of currency is always better than spending cash. But this is only a viable option when both parties involved have what the other party wants.

And now a days it is very rare. That is the reason why you should know how to correctly make use of a trade exchange. Appropriate use of this will help you to exchange whatever you want without any difficulty.

Trade exchange is an association which consists of many local businesses like I.C.R.E. or The International Credit Reserve Exchange, Ltd. This exchange works similar to a credit card company. The people who are members in this are provided a trade account, similar to a bank account. If a member wants to do trading with another associate it is really not essential for them to have what the other needs.

The main advantage to the purchaser is that they are in a position to save money required to make purchases and they can return the borrowed money with the score of their excess time and products, generally afterwards and usually with trade profit they would have got, since they are a part of the exchange.

The seller also has an advantage. They get business which is normally not available and they can collect some cash charges on the work. This allows them to continue trading and have a continuous cash flow while at the same time increasing their customer base.

To understand trade exchange, first you have to understand the difference between a trade and exchange. In simple terms, barter may be trade or you can say trading; nevertheless the word trade may mean exchange of cash, credit cards, checks, or any other forms of money. Another definition is the exchange of goods or services in favor of something without using money. Money is anything that is a medium through which good and services are traded. So when you swap something using any medium, you aren’t actually using the direct exchange by trade system anymore. This is a crucial distinction to make when starting out.

- Terry Lamb

This is one of the most time-tested ways to do business. There is no need for money. It is simply an exchange of something that you need with an item that the other person needs. In ancient times, it may be the exchange of livestock for crops. Today however, an exchange may be made with more modern products and services. By bartering for business, you can work with other barter network members to create a marketplace where you can take what you have and exchange it for something you need.

For this reason, smart business owners will join a barter exchange. A barter exchange serves as a clearing house for each of its member companies, something like a bank. Each barter exchange will track its clients’ credits and debits as they barter goods and services with each other. Such exchanges charge a fee to join, a fee to maintain membership each month, and usually ask for a small share of each transaction to maintain their operations.

The exchange sells your products at their full retail value. Since your products are not discounted, there is no loss of value of your goods and services. Thus, business productivity is increased while downtime and reserve capacity is reduced by conversion to credits within the exchange.

Another advantage to joining a barter exchange is other members will see your business. Your business will be advertised for free. Also this is similar to hiring an extra person to sell, but you don’t have to pay anything for it. If the other members like what you have to offer, they will tell their friends and they will probably end up being cash paying customers.

The business owner should be aware of the tax consequences of barter. Barter income must be reported on the yearly tax return. Although no cash is exchanged, the goods and services exchanged in trade are treated by the IRS as cash transactions through IRS Form 1099B, which is business members received at the conclusion of each fiscal year. The tax, however, is a small price to pay for the additional revenue accrued through the extra business available on barter exchanges.

A barter exchange is an appropriate move for most businesses. If the business is a newly created venture then it can be extremely profitable both in the ways of cash and other needed goods. It can also help to obtain services that a start up or small business would not normally have the money for. Larger businesses can use this system to lower their inventory.

Using a barter exchange is an excellent way to enhance business. Consider the farmers of long ago who traded a cow for the neighboring farmer’s chicken eggs. Trading in this manner has proven over the ages that the trading of products and services can be beneficial to all. Bartering for business has some costs such as transaction and start up fees but the overall benefit is incomparable to the ultimate gains such as reducing inventory, overhead costs, and essentially receiving free advertising. Just remember that U.S. tax laws still apply and you will need to report all income.

- Terry Lamb

1. They never figure out how much money they actually need each week to do better than just pay their bills. They don’t have a budget set up.

The correct definition of a BUDGET is: the calculation of the amount of money needed for an area [organization or household] to function and achieve its purpose. If you are satisfied to just  pay your bills, and you don’t pay yourself first into some type of savings plan, you will make other people wealthy and you will stay poor.

Every supplier you pay is in business to make a profit. You should run your business and your household the same way: like a business that is expected to make a profit. The income target must include a profit or the enterprise will go broke and fail.

2. They don’t work out ways to make more money than they currently need, and then do whatever it takes to execute the plan.

By UNDER estimating the amount of money needed to do better than just break even, they typically set their income target too low and lose money by living on credit instead of going into action to raise their income. Anyone can find ways to make more money; it is often the “willingness to do whatever it takes” that is the problem.

There are two classes of wealthy people. The large majority of wealthy people are working all the time. They have a purpose they are pursuing, and it isn’t money. Money is a sub-product they expect from their work. Their goals and purposes are the driving force in their lives.

The small minority is often called the “Idle Rich” and they are bored to death. They have seen it all, and done it all twice over and there is no thrill left in life. Think about it. If you had done everything you dreamed of and owned everything you could possible want, and were spending your days sitting by the pool in some swank hotel nursing a beverage with a little umbrella in it, would you wish you had some productive work to do? I’d bet my next few paychecks you would.

3. They habitually spend more money than they make.

Using money to buy the “appearance” of having more money than you actually have is a dangerous activity. I call this type of spender a Gratification Groupie. This can catch up with you quickly and eventually drown you in debt. This causes constant worry about money and makes for lots of sleepless nights. Money truly cannot buy happiness. But doing something productive and worthwhile and knowing you are appreciated for it can make you feel like a million bucks.

Most truly wealthy people are not interested in appearing to be wealthy, they are too busy having fun helping others in life and making more money as a result of that. Rich people always pay themselves first, have cash stashed in several places, are always interested in being productive and expect their productivity to produce more income. They don’t worry about money, and they sleep well at night.

4. They don’t figure out what they need to buy in the future and then set aside a little money each week so they can pay cash for the purchase later.

Buying something with a credit card that you can’t pay off when the statement arrives is committing your future earnings to the credit card company. You are then working for the credit card company as an economic slave.

The correct way to buy things, especially big ticket items, is to set aside a little each week till you have the cash to pay for the item, and then go out and negotiate a big cash discount. The guy with the CASH IS KING!

I recently did this when I bought my current car. I found the exact car I wanted. It was 2 years old, had 21,000 miles on it and was still under warranty. The dealer wanted $29,500 for the car. I got it for $17,500 and got an extended warranty thrown in on the deal. Don’t buy new cars. The second the front tires move off the dealer’s lot onto the street, it becomes a “used car” and loses about 25% of its value.

5. They buy products and services based on WANT rather than on NEED.

Buying decisions should be based on how your purchase of the product or service can help you produce additional income for you. Honestly, do you want the latest cell phone that offers text messaging and email retrieval because your friends have one, or do you need it to be more efficient because you are out of the office traveling to close the next business deal?

6. They don’t put money into a long-term savings plan so they have it for use later in life.

If you are relying on other peoples’ future production to pay you Social Security payments so you can retire, that is really taking a gamble.

Despite the fact the government says the cost of living is going up 3 – 3.5% a year, the truth is that it is going up 8 – 12% a year. You have to make that much more income just to stay even. Why does the government say it is only 3 – 3.5%? Unfortunately for the senior citizens, it’s because they government has to raise Social Security payments each year by the cost of living increase they quote. The Social Security system is already bankrupt and those living on Social Security are headed in that direction by going in the hole 5 – 9% every year. Are YOU planning on retiring on Social Security payments alone?

7. They never develop multiple sources of income. If one source dries up they are in trouble financially.

The old saying “don’t put all your eggs into one basket” holds true today, especially for income sources. Look for products or services that you can add, or business ventures you can get involved in that are ethical, and have a great chance of producing a consistent income. The best type of income is “residual income” where you create something that continues to generate income for you while you are off doing other things.  For example if you wrote a book and sold it on the internet as a download where potential customers could buy it 24 hours a day around the world.

8. They get stressed out about how little interest their bank pays on savings accounts while they are getting killed with much higher interest debt by carrying balances on their credit cards.

If you have substantial credit debt, you are better off using excess cash to reduce the debt and stop the high interest payments instead of trying to earn interest from the bank. As you pay off your debt, you should also keep enough cash on hand to cover a few months of living expenses and the unexpected emergency.

Once the debt is gone, or will be soon, then start investing the excess money where you can get real growth. I use a Certified Financial Planner to invest my money for me so I don’t have to do all the research and trading actions. I let the expert do what he does best while I am busy making more income.

Now don’t get me wrong, I think investing in real estate is great if it provides more cash flow in than what you have to pay out. The truth is that any real estate is a liability as long as you have to make payments on it. Only when it is paid off does it become a true asset.

9. They worry about “the economy” in general.

I’m amazed that people are actually more worried about “the economy” than they are about their business or household failing financially. They worry about what the media is reporting about “the economy” which is something they can’t control, while never looking at how they are can affect the economy of their own business or household, which is something they CAN control.

A rise in unemployment is no reason to worry. Small business creation of new jobs far outweighed the loss of jobs in big corporations, according to the latest ADP report. A failing bank is no reason to panic. Banks get bailouts from the FDIC and other investors. No one is standing by to bail out your failing business or household. That is entirely up to you. So stash some cash in a safe, in a bank, or better yet, a tax deferred retirement plan, and sleep well at night while the bad news about “the economy” rages around you.

10. They expect to survive financially without taking full responsibility for controlling their financial future.

There is a very simple solution to money problems. Cut expenses, increase your income, and correctly manage what income you do get. It’s not only about how much money you make, it’s what you do with your money that determines your financial condition.

Correct money management is something educational institutions don’t teach. People get false information and bad advice about how to handle money. Then they make these silly mistakes, get into trouble, try to solve the problem using credit, create more trouble, and then go looking for debt relief.

Fortunately there is a proven, inexpensive, easy-to-install, easy-to-learn, easy-to-use money management software system that can reverse all the money management mistakes a person has made in the past, and keeps them from making those same mistakes in the future. It is an old-school system that your great grandparents used before the days of credit cards. Very wealthy people know and use this system today.

Sandra Simmons, President of Money Management Solutions, Inc. specializes in helping business owners and individuals manage their money to achieve financial freedom. For more information about her system, claim your complimentary copy of the Money Control Solutions Guide.

© 2008 Sandra S. Simmons. All Rights Reserved.

For those who do a little legwork, you can not only find homes that have reached the point of auction but also homes that are going through the phase of pre foreclosure. Many homes that banks are preparing to foreclose upon are often placed on another Pre foreclosure that denotes them as preparing to enter the process, and also places them in a special state where you can easily prepare a bid and purchase the property.

If a bank determines that a homeowner is behind on their payments- 3 months of more - they may move towards pre foreclosure, a move that signals the beginning of the foreclosure process. This gives the homeowners a chance to improve their current state of payments before the bank will begin to selling or seizing the property.

This state uses a foreclosure list, and you can get information about this list from a realtor, the county sheriff, or banks that hold the foreclosure liens. Who will have this information depends on the particulars of the jurisdiction. Pre foreclosure leads can help you avoid the auction process and negotiate directly with the owners or bank. This gives you an edge over your competitors, and also helps the current owners get out of a tight situation more quickly.

If a house on the Pre Foreclosure Listings has not been put up for auction yet, then you can buy this house at a lower price for less than it is actually worth, but don’t expect too much of a difference. The bank usually takes the money you pay them, and uses it to settle the outstanding debt of the former owners. This has two purposes, meaning you can own the house free and clear, while the former owners can reduce their debt on a defaulted mortgage.

There are many benefits of buying a pre foreclosed home. For example, you can avoid paying a fortune or having to worry about buying at auction by taking a few simple steps. If you are interested in this process you should contact a bank and get a copy of their list of pre foreclosures and/or you can find out from the local authorities if there are negotiable properties in the pre foreclosure category.

If a house on the Government Foreclosure Properties has not been put up for auction yet, then you can buy this house at a lower price. This has two purposes, meaning you can own the house free and clear, while the former owners can reduce their debt on a defaulted mortgage. Buying a home from pre foreclosure leads is an excellent way to get your dream home without spending a fortune. If you are interested in taking this route, the first thing to do is to contact a bank and obtain a Pre foreclosure.

- Ben Pate

In these circumstances, consider getting a gas credit card. How will that help you may be saying? With a gas credit card you can get to the gas station and not have to empty your wallet into the gas tank. With a gas credit card you can buy gas and put it on the credit card and pay for it later. Another advantage: you can get nice cash back for your gas purchase and save some money. Consider, that you could save up to 5% on fuel, using gas credit card. Also you can earn up to 5 points per dollar spend. You can redeem them on gas or vehicle service later.

You need to know, that gas credit cards are not the same. We can divide them on 2 main categories: ‘gas station brand name cards’ (no visa/mastercard/amex logo on it) and gas credit cards issued by banks with visa/mastercard/amex logo. What it the difference?

Gas station brand name cards let you buy gas or merchandise only from any particular gas station name, like BP or Sunoco, for example. You cannot use this card anywhere else. You shoul get this card if you know exactly that you going to use any of these particular gas stations for buying gas. But know, that with these credit cards discounts and cash backs usually better, because they work like ‘Fidelity card’, that forces to be loyal to any particular gas brand.

Other type of gas credit cards are being issued by banks. They let you buy fuel everywhere you want. Agree that sometimes gas price could be better across the street, and and its nice to have a little discount on top of that. These gas cards give you more freedom in making decisions, where to buy gas for your car. Also it’s useful for trips: you have no idea, at what gas station you going to pump next. At the same time, with bank gas credit cards you can buy anything you want, not only gas. Its just you will not earn points or cash back on these type of purchases.

Many well known gas stations offer their own credit cards. You can apply at the station you use most often or you can go online to a credit card comparison site and compare the gas cards side by side to see what is the best one for you and apply for it right there on the internet. Having a gas card is also useful for keeping track of your gas expences, especially if you have business or several cars at home.

A gas credit card is a welcome sight when you see the price signs at the gas station these days. But you should always remember that gas card is like any other credit card, that you should be careful with, because interest rate on unpaid balance is usually high and you can get into debts fast if you will not watch your spending. True, that it is much easier to swipe a card than it is to walk into the gas station, wait in line, then pay the cashier, then go out and pump your gas. Go to your favorite station or visit a website like http://www.credit-card-accepted.com and apply for your gas card today.
gas credit cards at http://www.credit-card-accepted.com

- Michael Huch

Cash back credit card as any source of instant credit, is a good thing to have for convenience and tracking you expences on certain categories. However they are only good if you are able to pay off your monthly statement right away. If you getting into debts, all cash back bonuses will be eaten by late fees interest charges.

The best way to choose a cash back card is to go online to a website like http://www.credit-card-accepted.com and compare cash back credit cards. There are many different ones and each one is different in their offers. Since you are the best one to know which ones are best for you it will be easy to apply for the ones that catch your attention. Applying online will allow you to get an instant answer and you will know weather or not to apply for another if you are turned down.

When you applying for a card you need to know that cash back bonuses sometimes have their limits. There are some offers that cap the amount of points that you can earn a year. And some take up some of that by giving extra points just for getting approved for their card. Some banks charge an annual fee and others - don’t. So you want to get one that does not so you don’t have to worry about loosing your bonus to the annual fee. But be aware that cards with annual fee have higher cash back return rate and could serve you better if you spening a lot of money on purchases in bonus category. At the same time, consider that your cash return is supposed to be more then you annual fee for that card in order to make it reasonable.

Getting a cash back is very great way to take advantage of you own spending. The more you spend the better your bonus will be. Just make sure that you don’t go way over your budget and if you are will are not able to pay off your monthly statment then your cash back reward will not mean anything because then you are into paying interests and loosing more money than you will be getting back. You can use your bonuses for whatever you want but the key is to be responsible and not ruin your credit with a credit card designed to help.

Online credit card application at http://www.credit-card-accepted.com

- Michael Huch

Over time, the list of keywords can dynamically expand to include associated search terms and other related keywords that can bring more traffic to your website. These traffic booster scripts can grow some page traffic to double or triple the current level of daily page views, which can help the page builder to sell more products, earn more advertising dollars, or grow their page into something that is well spoken of around the internet.

So, if you’re a site builder who is struggling to boost your traffic, or want a means to grow your page traffic without having to struggle with the processes of search engine optimization, consider using a traffic booster script like Happar. These scripts can work to help your page grow in content, traffic, and revenues.

- Traffic Wizard

Due to the increased importance of search engine traffic, deciding upon proper traffic building keywords to associate with site content has become a major task for the typical online firm. The new business of search engine optimization has thus grown to meet this need. Seo traffic (or search engine optimized traffic), when used properly, can make up the majority of a site’s traffic.

Numerous website operators aren’t, however, aware that they can maximize their pages using traffic building keywords that improve the stream of their business without the necessity of individual services operating to spur on search engine placement of key word searches. Selecting the right traffic building keywords on your site is easy if you heed the crucial rule of selecting keywords : be sure they are pertinent to your subject.

An effective way of turning page visitors into actual page customers is to bait the people into visiting your website by using keywords that have no relation to your actual business type or page content. However, this strategy is not always a good thing because the increased traffic to your page will allow visitors to voice their negative opinions of being tricked into visiting a page that has nothing to do with what they were looking for in the first place.

Using relevant traffic building keywords on your page will work to your benefit in every area, since those visiting your page will find more relevant content relating to their search keywords and will then tend to buy something to come back to your page later. Customers who find what they have been looking for are satisfied, so making sure your keywords match page content will create more satisfied customers.

Ensure your keywords are relevant to your page content, and ensure that they cut to the point of your page. Use specific product keywords, popular alternative names for products, alternative references to your official service names, and other keywords that will bring customers in without leaving them yearning for what they’ve actually searched for. Creating keywords in this manner will ensure your site will rise in the search listings.

The proper traffic building keywords used by online firms is extremely important when trying to increase the number of hits from search engine traffic. A major business has grown to help users gain maximum optimization from search engine programs. These programs are known as seo traffic. According to many website owners, the most effective way to create traffic monetization is to bait them into visiting your site with keywords that are not related to the contents of your page. However, this can be a double edged sword in that the increased traffic to your page may be outweighed by the negative reactions of those who visit the page.

- Paul Coskun