Archive for the ‘Business’ Category

Ask Questions as the speaker

Friday, October 9th, 2009

Speakers will often open a presentation with a question or series of questions. Questions start the audience thinking about a topic and also get them actively involved. Sometimes the questions will call for a direct answer. For example, Holly Carison, a student at Vanderbilt, opened a speech on censorship by reading a list of banned books. As she read off the title of each book, she asked listeners to raise their hands if they had read it.
Not all questions used in speeches call for direct answers, however. Rhetorical questions (such as, “Have you ever thought about what your life would be like if you were a different color?”) arouse curiosity and start listeners thinking about the topic. Wendy Liebmann, president of WSL Strategic Retailers, opened a speech to the Non-Prescription Drug Manufacturers Association with the following series of rhetorical questions:
Have you ever wondered of late what’s going on with consumers? Why they are so full of contradictions when it comes to spending money? Why they will buy a $500 leather jacket at full price but wait for a $50 sweater to go on sale? Will buy a top-of-the-line sports utility vehicle then go to Costco to buy new tires? Will eagerly pay $3.50 for a cup of coffee but think $1.29 is too expensive for a hamburger? Will spend $2.00 for a strawberry-smelling bath soap but wait for a coupon to buy a 99 cent twin pack of toilet soap?
The economy is booming. Unemployment is at a 25-year low. Real income has increased. Why isn’t everyone out spending like they did in the 1980s—shopping everywhere, buying everything? Why are so many companies struggling? What is this paradox? Is there a paradox? Well, that’s what we are going to talk about today. This apparent consumer paradox: what it is, what it means, and how to make sense of it.13

Adjunct Methods Of Staving Foreclosure

Sunday, August 9th, 2009

Irwin cites other possible options you may discuss with your lender to avoid foreclosures:
1) restructure the mortgage by extending the term so that you have lower payments as long as the lender does not ultimately lose any interest,
2) temporarily allow you to miss payments until you get back on your feet by adding interest not paid in the amount of the loan, and
3) completely forgive interest or grant a vacation from payments for up to a year or more, as long as you can demonstrate you have the potential to once again pick up payments after that time.

Selling In Foreclosure

Thursday, July 9th, 2009

Some property owners may attempt to sell their property before it is foreclosed. That means they could lose their entire equity if the buyer is not found quickly. Buyers of real estate know that the best time to approach sellers who are in foreclosure is sometime before the property is sold. If it goes on sale, the buyers may get the property at a good price, but the terms would be stiff— all cash. This may be difficult if the buyers have not developed a quick source of cash through their bankers or friends. If the buyers meet with the distressed sellers prior to the sale, the sellers may be motivated to dispose of the property up to 30 percent under market. The sellers may accept extremely creative terms with some flexible carry back financing. Perhaps the buyers could trade them a recreational lot and a personal note. These sellers are not in a position to drive a hard bargain (Beckley, supra),