essential tidbits

Why people sell their endowment policy

March 7, 2008

Thank God it’s Friday. Yes its TGIF day. Another busy week is over. So time to relax a bit, read the news, watch TV, and write my musing for the day. After my relaxing evening I will head off to bed early so I can wake up early and be healthier and wiser.

But before doing so, I’ve read an article about selling of Endowment policy. Why would people do so? There’s always a possibility of people selling their policy because of various reasons. Perhaps they can’t keep up with the monthly payments because they have been laid-off, they need funds to start a business or buy a house, and maybe they decided to pay their debts before it becomes a burden. Most people do sell some of what they own when they are on a tight situation. (more…)

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Debt collection

I was reading the breaking news in CNN a while ago. What struck me was the reality that employers cut down 63,000 jobs last month. That’s according to America’s Labor Department. Subsequently, unemployment rate is now at 4.8 percent. If this is happening, a lot of unemployed people would be looking around for a job. On the other hand, some American businesses might be facing hard time collecting money. 

If you ask me: Is there a way for American businesses to better deal with reducing bad debts collection? There are services available to assist a business in getting back their profits. Most of them are doing this service nationwide. However, we can’t shun the fact that majority of the companies want to do their collection process internally to avoid paying high fees to third-party debt collectors or losing their valued customers.  If you are doing this internally, reading some tips that might help you analyze your current Debt Collection processes is useful. (more…)

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What’s your marketing strategy?

As I was hopping from one site to another looking for a Marketing Company, I opened a familiar online company which offers this kind of services and was astonished at the change in look and feel of their website. So this is how branding strategy can change the way your website looks. The first thing that greeted me was a quick video demonstration about the company. I can add this one to the list of ‘talking guy’ that I mentioned in my previous post.

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