Porter's Five Forces Analysis Harvard professor Michael Porter describes five forces affecting the profitability of companies. These are the five forces he noted: 1) Intensity of rivalry amongst existing competitors 2) Threat of entry by new competitors 3) Pressure from substitute products 4) Bargaining power of buyers (customers) 5) Bargaining power of suppliers These … [Read more...]
How to Calculate your mortgage online?
Calculating your mortgage online Mortgage calculators are very useful when it comes to giving you a good idea about your mortgage loan. With these calculators you can analyze your loan options depending on your finances as well as a few other factors. When you are looking for mortgage in order to be able to buy a new house, you can make use of a mortgage calculator. If you … [Read more...]
Self-Liquidating Loans – Fact or Fiction?
Self-Liquidating Loans - Fact or Fiction? A self-liquidating "LOAN" is fiction. You will never get a loan that youwill never have to pay back from anybody. You need to be very careful whenyou are presented with the opportunity to get "money for nothing!" A true, self liquidating "LOAN", standing on it's own, is a pipe dream - it'sperpetual motion. A loan that pays itself off … [Read more...]
What is Short-Term or PayDay Loans
Short-Term or PayDay Loans Short-term loans, payday loans, and cash advances, these are often frowned upon by some people. Yet there is a large market for these loans. Most advice concerning these loans is not to obtain them, however the fact remains that thousands of people obtain these loans every month. If they weren’t profitable, places like ACE, Cash America, and other … [Read more...]
How to Create Ultimate Debt Elimination Plan?
Create Your Own Ultimate Debt Elimination Plan The method is simple. 1) Set a monthly amount. 2) Pay all minimum amounts. 3) Pay extra money toward the debt with the highest interest rate. This method will ensure that you pay the least amount of interest and repay your debts as soon as possible. The trick to paying the least amount of interest possible is to pay extra … [Read more...]