IMPROVING YOUR CREDIT BY PAYING Multi Profit Websites
BILLS LATER, RATHER THAN SOONER! The World's Quickest & Simplest
point and click software
Every business will get to the point where suppliers will build a Website in 3 Simple Steps!
offer terms on bills, rather than requiring payment up front for more info click here
or on delivery. Their bills will probably be marked "2/10,
net 30." This means you get a 2% discount if you pay within
10 days, and the bill is due within 30 days.
Many business owners will jump at the opportunity to save the 2% by paying early, and
rightfully so. However, believe it or not, they can help their credit rating by paying at the
end of 30 days.
How is this so? It's all a matter of your business' CREDIT HISTORY. All
of the companies who offer you terms will be reporting your history to
various credit bureaus. These bureaus are who gets consulted by banks when
they decide whether or not to give you a loan.
By always taking advantage of the 2% discount, a business establishes a
paying pattern. Thus, if you've been paying a company's bills in 5 days
for the past year, this is what they will expect from forthcoming bills.
Now, say one month has a tighter cash flow than normal, and you must take
20 days to pay that bill. This sends up a red flag for the billing company.
You normally pay in 5 days, why are you now paying in 20? Even though you
paid the bill well within the deadline, you have given a sign that you had a cash
flow problem. This uneven paying pattern can show up on your credit rating.
Even though all your bills are paid on time, an uneven paying pattern can jeopardize
your future chances for more and larger credit limits.
Now, if you always pay your bills on the 25th day of the due period, even
when you can pay them early, that cash poor month won't look any different
to the billing company. Most companies would rather grant terms to a
company that always pays on the 25th day, than one that sometimes pays
early, sometimes pays later, as this reflects an image of disorganization
and uneven cash flow.
Also, always paying toward the end of the due period will aid your cash
flow. If you pay your bills consistently, at the same time every month, you
will not be surprised by a sudden cash shortage. For example, say you
decide to pay a bill early one month. Then, the next week, your main
supplier calls to tell you about a closeout deal he has that would double
your profits.
Only problem is he can't offer terms, it has to be cash.
Because you paid that bill early, you can't take advantage of the special
deal. If you would have waited to pay it, your cash flow would have allowed
the purchase, and the resulting higher profit margin would have yielded the
cash to pay the bill.
So, you see, paying bills later, and not taking advantage of any early
payment discounts, CAN work to your advantage. You need to consider your
future plans and decide if saving 2% now is really worth it.
Emergency Preparedness Checklist
TORNADO*FLASHFLOODS*WINTERSTORM* HURRICANE*FIRE*HAZARDOUS*
MATERIALS SPILL
The next time disaster strikes, you may not have much time
to act. Prepare now for a sudden emergency.
Learn how to protect yourself and cope with disaster by
planning ahead. This checklist will help you get started.
Discuss these ideas with your family, then prepare an emergency
plan. Post the plan where everyone will see it--on the
refrigerator or bulletin board.
For additional information about how to prepare for
hazards in your community, contact your local emergency
management or civil defense office and American Red Cross
chapter.
Emergency Checklist
Call Your Emergency Management Office or American Red Cross
* Find out which disasters could occur in your area.
* Ask how to prepare for each disaster.
* Ask how you would be warned of an emergency.
* Learn your community's evacuation routes.
* Ask about special assistance for elderly or disabled
persons.
Also...
* Ask your workplace about emergency plans.
* Learn about emergency plans for your children's school or
day care center.
Create an Emergency Plan
* Meet with household members. Discuss with children the
dangers of fire, severe weather, earthquakes and other
emergencies.
* Discuss how to respond to each disaster that could occur.
* Discuss what to do about power outages and personal
injuries.
* Draw a floor plan of your home. Mark two escape routes
from each room.
* Learn how to turn off the water, gas and electricity at
main switches.
* Post emergency telephone numbers near telephones.
* Teach children how and when to call 911, police and fire.
* Instruct household members to mm on the radio for
emergency information.
* Pick one out-of-state and one local friend or relative for
family members to call if separated by disaster (it is
often easier to call out-of-state than within the affected
area).
* Teach children how to make long distance telephone calls.
* Pick two meeting places.
1) A place near your home in case of a fire.
2) A place outside your neighborhood in case you cannot
return home after a disaster.
* Take a basic first aid and CPR class.
* Keep family records in a water and fire-proof container.
Prepare a Disaster Supplies Kit
Assemble supplies you might need in an evacuation. Store
them in an easy-to-carry container such as a backpack or duffle
bag. Include:
* A supply of water (one gallon per person per day). Store
water in sealed, unbreakable containers. Identify the
storage date and replace every six months.
* A supply of non-perishable packaged or canned food and a
non-electric can opener.
* A change of clothing, rain gear and sturdy shoes.
* Blankets or sleeping bags.
* A first aid kit and prescription medications.
* An extra pair of glasses.
* A battery-powered radio, flashlight and plenty of extra
batteries.
* Credit cards and cash.
* An extra set of car keys.
* A list of family physicians.
* A list of important family information; the style and
serial number of medical devices such as pacemakers.
* Special items for infants, elderly or disabled family
members.
Emergency Plan
Out-of-State Contact
Name__________________________________________________
City__________________________________________________
Telephone (Day)________________(Evening)______________
Local Contact
Name__________________________________________________
Telephone (Day)________________(Evening)______________
Nearest Relative
Name__________________________________________________
City__________________________________________________
Telephone (Day)________________(Evening)______________
Family Work Numbers
Father_________________________Mother_________________
Other_________________________________________________
Emergency Telephone Numbers
In a life threatening emergency, dial 911 or the local
emergency medical services system number.
Police Department_____________________________________
Fire Department_______________________________________
Hospital______________________________________________
Family Physicians
Name___________________________Telephone_______________
Name___________________________Telephone_______________
Name___________________________Telephone_______________
Reunion Locations
1. Right outside your home____________________________
______________________________________________________
2. Away from the neighborhood, in case you cannot
return home___________________________________________
______________________________________________________
Address_______________________________________________
Telephone_____________________________________________
Route to try first____________________________________
______________________________________________________
Escape Plan
In a fire or other emergency, you may need to evacuate
your house, apartment or mobile home on a moment's notice. You
should be ready to get out fast.
Develop an escape plan by drawing a floor plan of your
residence. Using a black or blue pen, show the location of
doors, windows, stairways, and large furniture. Indicate the
location of emergency supplies (Disaster Supplies Kit), fire
extinguishers, smoke detectors, collapsible ladders, first aid
kits and utility shut off points. Next, use a colored pen to
draw a broken line charting at least two escape routes from
each room. Finally, mark a place outside of the home where
household members should meet in case of fire.
Be sure to include important points outside such as
garages, patios, stairways, elevators, driveways and porches.
If your home has more than two floors, use an additional sheet
of paper. Practice emergency evacuation drills with all
household members at least two times each year.
Example:
Home Hazard Hunt
In a disaster, ordinary items in the home can cause injury
and damage. Anything that can move, fall, break or cause a fire
is a potential hazard.
* Repair defective electrical wiring and leaky gas
connections.
* Fasten shelves securely.
* Place large, heavy objects on lower shelves.
* Hang pictures and minors away from beds.
* Brace overhead light fixtures.
* Secure water heater. Snap to wall studs.
* Repair cracks in ceilings or foundations.
* Spore weed killers, pesticides and flammable products away
from heat sources.
* Place oily polishing rags or waste in covered metal cans.
* Clean and repair chimneys, flue pipes, vent connectors and
gas vents.
If You Need to Evacuate
* Listen to a battery powered radio for the location of
emergency shelters. Follow instructions of local
officials.
* Wear protective clothing and sturdy shoes.
* Take your Disaster Supplies Kit.
* Lock your house.
* Use travel routes specified by local officials.
If you are sure you have time ...
* Shut off water, gas and electricity, if instructed to do
so.
* Let others know when you left and where you are going.
* Make arrangements for pets. Animals may not be allowed in
public shelters.
Prepare an Emergency Car Kit
Include:
* Battery powered radio and extra batteries
* Flashlight and extra batteries
* Blanket
* Booster cables
* Fire extinguisher (5 lb, A-B-C type)
* First aid kit and manual
* Bottled water and non-perishable high energy foods such as
granola bars, raisins and peanut butter.
* Maps
* Shovel
* Tire repair kit and pump
* Flares
Fire Safety
* Plan two escape routes out of each room.
* Teach family members to stay low to the ground when
escaping from a fire.
* Teach family members never to open doors that are hot. In
a fire, feel the bottom of the door with the palm of your
hand. If it is hot, do not open the door. Find another way
out.
* Install smoke detectors. Clean and test smoke detectors
once a month. Change batteries at least once a year.
* Keep a whistle in each bedroom to awaken household members
in case of fire.
* Check electrical outlets. Do not overload outlets.
* Purchase a fire extinguisher (5 lb., A-B-C type).
* Have a collapsible ladder on each upper floor of your
house.
* Consider installing home sprinklers.
BILLS LATER, RATHER THAN SOONER! The World's Quickest & Simplest
point and click software
Every business will get to the point where suppliers will build a Website in 3 Simple Steps!
offer terms on bills, rather than requiring payment up front for more info click here
or on delivery. Their bills will probably be marked "2/10,
net 30." This means you get a 2% discount if you pay within
10 days, and the bill is due within 30 days.
Many business owners will jump at the opportunity to save the 2% by paying early, and
rightfully so. However, believe it or not, they can help their credit rating by paying at the
end of 30 days.
How is this so? It's all a matter of your business' CREDIT HISTORY. All
of the companies who offer you terms will be reporting your history to
various credit bureaus. These bureaus are who gets consulted by banks when
they decide whether or not to give you a loan.
By always taking advantage of the 2% discount, a business establishes a
paying pattern. Thus, if you've been paying a company's bills in 5 days
for the past year, this is what they will expect from forthcoming bills.
Now, say one month has a tighter cash flow than normal, and you must take
20 days to pay that bill. This sends up a red flag for the billing company.
You normally pay in 5 days, why are you now paying in 20? Even though you
paid the bill well within the deadline, you have given a sign that you had a cash
flow problem. This uneven paying pattern can show up on your credit rating.
Even though all your bills are paid on time, an uneven paying pattern can jeopardize
your future chances for more and larger credit limits.
Now, if you always pay your bills on the 25th day of the due period, even
when you can pay them early, that cash poor month won't look any different
to the billing company. Most companies would rather grant terms to a
company that always pays on the 25th day, than one that sometimes pays
early, sometimes pays later, as this reflects an image of disorganization
and uneven cash flow.
Also, always paying toward the end of the due period will aid your cash
flow. If you pay your bills consistently, at the same time every month, you
will not be surprised by a sudden cash shortage. For example, say you
decide to pay a bill early one month. Then, the next week, your main
supplier calls to tell you about a closeout deal he has that would double
your profits.
Only problem is he can't offer terms, it has to be cash.
Because you paid that bill early, you can't take advantage of the special
deal. If you would have waited to pay it, your cash flow would have allowed
the purchase, and the resulting higher profit margin would have yielded the
cash to pay the bill.
So, you see, paying bills later, and not taking advantage of any early
payment discounts, CAN work to your advantage. You need to consider your
future plans and decide if saving 2% now is really worth it.
Emergency Preparedness Checklist
TORNADO*FLASHFLOODS*WINTERSTORM* HURRICANE*FIRE*HAZARDOUS*
MATERIALS SPILL
The next time disaster strikes, you may not have much time
to act. Prepare now for a sudden emergency.
Learn how to protect yourself and cope with disaster by
planning ahead. This checklist will help you get started.
Discuss these ideas with your family, then prepare an emergency
plan. Post the plan where everyone will see it--on the
refrigerator or bulletin board.
For additional information about how to prepare for
hazards in your community, contact your local emergency
management or civil defense office and American Red Cross
chapter.
Emergency Checklist
Call Your Emergency Management Office or American Red Cross
* Find out which disasters could occur in your area.
* Ask how to prepare for each disaster.
* Ask how you would be warned of an emergency.
* Learn your community's evacuation routes.
* Ask about special assistance for elderly or disabled
persons.
Also...
* Ask your workplace about emergency plans.
* Learn about emergency plans for your children's school or
day care center.
Create an Emergency Plan
* Meet with household members. Discuss with children the
dangers of fire, severe weather, earthquakes and other
emergencies.
* Discuss how to respond to each disaster that could occur.
* Discuss what to do about power outages and personal
injuries.
* Draw a floor plan of your home. Mark two escape routes
from each room.
* Learn how to turn off the water, gas and electricity at
main switches.
* Post emergency telephone numbers near telephones.
* Teach children how and when to call 911, police and fire.
* Instruct household members to mm on the radio for
emergency information.
* Pick one out-of-state and one local friend or relative for
family members to call if separated by disaster (it is
often easier to call out-of-state than within the affected
area).
* Teach children how to make long distance telephone calls.
* Pick two meeting places.
1) A place near your home in case of a fire.
2) A place outside your neighborhood in case you cannot
return home after a disaster.
* Take a basic first aid and CPR class.
* Keep family records in a water and fire-proof container.
Prepare a Disaster Supplies Kit
Assemble supplies you might need in an evacuation. Store
them in an easy-to-carry container such as a backpack or duffle
bag. Include:
* A supply of water (one gallon per person per day). Store
water in sealed, unbreakable containers. Identify the
storage date and replace every six months.
* A supply of non-perishable packaged or canned food and a
non-electric can opener.
* A change of clothing, rain gear and sturdy shoes.
* Blankets or sleeping bags.
* A first aid kit and prescription medications.
* An extra pair of glasses.
* A battery-powered radio, flashlight and plenty of extra
batteries.
* Credit cards and cash.
* An extra set of car keys.
* A list of family physicians.
* A list of important family information; the style and
serial number of medical devices such as pacemakers.
* Special items for infants, elderly or disabled family
members.
Emergency Plan
Out-of-State Contact
Name__________________________________________________
City__________________________________________________
Telephone (Day)________________(Evening)______________
Local Contact
Name__________________________________________________
Telephone (Day)________________(Evening)______________
Nearest Relative
Name__________________________________________________
City__________________________________________________
Telephone (Day)________________(Evening)______________
Family Work Numbers
Father_________________________Mother_________________
Other_________________________________________________
Emergency Telephone Numbers
In a life threatening emergency, dial 911 or the local
emergency medical services system number.
Police Department_____________________________________
Fire Department_______________________________________
Hospital______________________________________________
Family Physicians
Name___________________________Telephone_______________
Name___________________________Telephone_______________
Name___________________________Telephone_______________
Reunion Locations
1. Right outside your home____________________________
______________________________________________________
2. Away from the neighborhood, in case you cannot
return home___________________________________________
______________________________________________________
Address_______________________________________________
Telephone_____________________________________________
Route to try first____________________________________
______________________________________________________
Escape Plan
In a fire or other emergency, you may need to evacuate
your house, apartment or mobile home on a moment's notice. You
should be ready to get out fast.
Develop an escape plan by drawing a floor plan of your
residence. Using a black or blue pen, show the location of
doors, windows, stairways, and large furniture. Indicate the
location of emergency supplies (Disaster Supplies Kit), fire
extinguishers, smoke detectors, collapsible ladders, first aid
kits and utility shut off points. Next, use a colored pen to
draw a broken line charting at least two escape routes from
each room. Finally, mark a place outside of the home where
household members should meet in case of fire.
Be sure to include important points outside such as
garages, patios, stairways, elevators, driveways and porches.
If your home has more than two floors, use an additional sheet
of paper. Practice emergency evacuation drills with all
household members at least two times each year.
Example:
Home Hazard Hunt
In a disaster, ordinary items in the home can cause injury
and damage. Anything that can move, fall, break or cause a fire
is a potential hazard.
* Repair defective electrical wiring and leaky gas
connections.
* Fasten shelves securely.
* Place large, heavy objects on lower shelves.
* Hang pictures and minors away from beds.
* Brace overhead light fixtures.
* Secure water heater. Snap to wall studs.
* Repair cracks in ceilings or foundations.
* Spore weed killers, pesticides and flammable products away
from heat sources.
* Place oily polishing rags or waste in covered metal cans.
* Clean and repair chimneys, flue pipes, vent connectors and
gas vents.
If You Need to Evacuate
* Listen to a battery powered radio for the location of
emergency shelters. Follow instructions of local
officials.
* Wear protective clothing and sturdy shoes.
* Take your Disaster Supplies Kit.
* Lock your house.
* Use travel routes specified by local officials.
If you are sure you have time ...
* Shut off water, gas and electricity, if instructed to do
so.
* Let others know when you left and where you are going.
* Make arrangements for pets. Animals may not be allowed in
public shelters.
Prepare an Emergency Car Kit
Include:
* Battery powered radio and extra batteries
* Flashlight and extra batteries
* Blanket
* Booster cables
* Fire extinguisher (5 lb, A-B-C type)
* First aid kit and manual
* Bottled water and non-perishable high energy foods such as
granola bars, raisins and peanut butter.
* Maps
* Shovel
* Tire repair kit and pump
* Flares
Fire Safety
* Plan two escape routes out of each room.
* Teach family members to stay low to the ground when
escaping from a fire.
* Teach family members never to open doors that are hot. In
a fire, feel the bottom of the door with the palm of your
hand. If it is hot, do not open the door. Find another way
out.
* Install smoke detectors. Clean and test smoke detectors
once a month. Change batteries at least once a year.
* Keep a whistle in each bedroom to awaken household members
in case of fire.
* Check electrical outlets. Do not overload outlets.
* Purchase a fire extinguisher (5 lb., A-B-C type).
* Have a collapsible ladder on each upper floor of your
house.
* Consider installing home sprinklers.
