Posts Tagged ‘financial’
Wednesday, November 19th, 2008
I recently found out about Dotsie Bregel who has a couple of sites for baby boomer and over 50 woman. One of her articles is about the “Boomerang Generation”. Can you guess what the term means? I got it wrong.
The Boomerang Generation refers to those born in the 1970s and 1980s. So allegedly, these people are the children of baby boomers. But the term does not apply to all people in that age bracket. It more specifically refers to those who, due to economic conditions and challenges, are back at home with their parents, the senior citizen empty nesters. So the “boomerang” part of the phrase is quite clever.
However, the boomerang concept is not limited to the 70s and 80s groups. Everyone is at risk. With the business / corporate financial failures, mortgage crisis, layoffs, gas prices, etc, many who are trying to conserve their financial resources are forced to re-evaluate and revamp their living situations. I’ve thought about renting out a room in my house to tide me over until Noble & Associates Consulting and / or Noble Finances start bringing in some substantial revenues. And, sometimes it’s the senior citizens and retirees who are moving back with their children. So there are variations on the boomerang theme.
I’m not in touch with the economic situation in other countries. But. we in the United States need to pull together to help each other out. Just saw a video of the Donnie McClurkin story. Marvin Winans allowed McClurkin to stay in his house for months. But there comes a time, when helping becomes enabling. So McClurkin was kicked out. Each situation is different.
As Shakespeare says “The quality of mercy is not strained”. When it becomes strained, it’s up to you to take the appropriate action.
Sandra Noble
NOBLE FINANCES
NOBLE & ASSOCIATES CONSULTING, INC
Tags: AARP, blog, Business, Business Over 50, businessover50.com, economy, financial, gas prices, layoffs, mortgage crisis, Noble & Associates Consulting, Noble Finances, over 50, Sandra Noble, senior, Senior citizen
Posted in Business, Business People Over 50 - Who are we?, Finance, Senior Citizen / Baby Boomer | 3 Comments »
Wednesday, October 1st, 2008
Cash and cash flow problems are big topics in the news these days. Large, global investment and financial institutions are in trouble. Banks are failing and being taken over. If you listen to some, without financial bailouts, the United States economy is in danger of financial ruin. Many who insisted that the country was not in a recession a couple of weeks ago, are now mentioning the dreaded “d” word: Depression.
It’s big news when the big guys are in trouble. Small, women owned and minority businesses have always had difficulty with finances. Lack of cash flow and working capital is a leading cause of business failure. Noble Finances has some solutions that can help cure financial woes for companies turned down by traditional banking institutions.
The Atlanta Tribune’s “Moving Your Business Forward” (MYBF) event will be held October 9, 2008 in Columbus, GA. The theme for this 3rd annual MYBF conference in Columbus, GA is “Strategies for Business Growth: Finding Money & Understanding of the Benefits of Certification”.
Sandra Noble, that’s me, is featured on the financial panel at the Columbus MYBF event. I get to share about Noble Finances and the alternatives to traditional bank financing that we provide.
See our press release at
Need Cash Flow? Business Financing Secrets at MYBF
Register for Moving Your Business Forward Conference Columbus
Sandra Noble
NOBLE FINANCES
NOBLE & ASSOCIATES CONSULTING, INC
Tags: bank, Business, Business Over 50, businessover50.com, cash, cash flow, economy, Finance, financial, financial crisis, money, Noble & Associates Consulting, Noble Finances, recession, Sandra Noble, working capital
Posted in Business, Economy / Economics, Finance, Noble Finances on Squidoo, Recession or Not? The Answer Lies in the Physics, Strategy | 3 Comments »
Monday, August 25th, 2008
Baby Boomers Go Into Un-Retirement is an interesting blog post about how baby boomers are handling retirement or not. Don’t know if Atlanta is different, but I know a lot of over 55 people who are going the NOT route.
Why?
Telecommunications used to be big in Atlanta. Telecommunications has taken a deep dive. And lots of other major employers in metropolitan Atlanta are faltering. And of course, the problem is not unique to Atlanta.
The three main effects of the recession or the financial downturns:
1) people are prematurely forced into requirement,
2) people are laid off and
3) pension funds and retirement accounts have lost value.
We’re not even going to talk about real estate, which in years past have been a source of funds for the senior citizen group. Our homes were the investments that were supposed to allow us to sustain ourselves after our working days were over. The equity that has been lost in our housing has forced the AARP aged folks to continue working to get the extra or essential spending money.
In an ideal world, many more would choose to retire. But the economic climate, both national and personal, removes some of the options. So I, as a late stage entrepreneur, am not alone in working long days and in pursuit of the dollar.
Sandra Noble
NOBLE FINANCES
NOBLE & ASSOCIATES CONSULTING, INC
Tags: Atlanta, Baby Boomer, blog, Business, Business Over 50, businessover50.com, economy, elder, financial, Noble & Associates Consulting, Noble Finances, over 50, recession, retirement, Sandra Noble, senior, Senior citizen, telecommunications
Posted in Business People Over 50 - Who are we?, Finance, Senior Citizen / Baby Boomer, telecommunications | 1 Comment »
Tuesday, May 6th, 2008
Despite the debate about whether there is officially a recession, in 2008 many Americans are suffering. Those in the top income brackets are unaffected. But the fuel prices / crisis is impacting all but the super rich in this country.
It doesn’t help to hear that Europeans and citizens of many other countries have long been faced with high gas prices. Or that, people in many countries are accustomed to spending much higher percentages of their incomes on necessities like food and clothing. Any decrease in standard of living is traumatic. The post World War II American dream was that the standard of living would be higher for our children. But that expectation is changing. All change requires adjustments. And the fear and stress associated with financial downturns can have profound effects on health and emotional well being.
As in software or technology implementations, satisfaction and success comes when the impacted people / users / employees embrace the changes. This is not automatic, especially in large scale implementations and projects. The consultants at Noble & Associates Consulting, Inc have found that change is rarely embraced unless change management programs have been put in place.
Americans who manage to still have adequate disposal incomes, are still vacationing. US travelers to Europe are shocked and disheartened by the lack of buying power of the US dollar. Other Americans are just bemoaning the fact that they either have less spending money or that the money they do have does not go as far.
So how can Europe be of benefit to the United States and it’s de facto recession economy? I saw a Managing Automation blog post about increased interest in procuring good, services and workers from the US. Due to close quarters and limited land mass, small cars have been in vogue in Europe. Our automakers are fighting for survival. As US automakers finally get on the fuel efficient bandwagon, perhaps they can sell more cars domestically and internationally. And, as suggested by the “Manufacturers Set to Take Advantage of the Downturn” article, perhaps the laid off engineer or executive should be floating their resumes overseas.
Sandra Noble
NOBLE FINANCES
NOBLE & ASSOCIATES CONSULTING, INC
Tags: blog, Business, Business Over 50, businessover50.com, Consultant, consulting, crisis, default, economy, Finance, financial, forecast, foreclosure, fuel prices, Jobs, Maslow, Noble & Associates Consulting, Noble Finances, prices, recession, Sandra Noble, unemployment
Posted in Business, Finance, Software, Strategy, Technology | 2 Comments »
Saturday, April 26th, 2008
Now there is a new breed, which normally refers to them as network marketers. I guess to get past the defenses of people like me who found the term MLM distasteful. I’d hear about “those people” and run into “those folks”. But it was really background noise.
Two or three years ago, I heard John Di Lemme speak. He’s a powerful speaker, motivator and success coach. He made his millions in multi-level marketing. At that point I was neutral about MLMs and even respected some of the people I knew in them. Then there was the onslaught of the YTBs – a travel MLM. But since I rarely take luxury vacations anymore, that had no appeal. But recently an old friend has a very upscale professional approach to YTB. Much more palatable, but still didn’t move me.
I think I’ve found an MLM that is different. No ordering, no inventory, no deliveries, no collections, no customer contracts, no customer risk. Sounds good to me. So, I’ve decided to let down my defenses and my disdain about network marketing income opportunities.
Sandra Noble
NOBLE FINANCES
NOBLE & ASSOCIATES CONSULTING, INC
Tags: blog, Business, Business Over 50, businessover50.com, Consultant, financial, John Di Lemme, MLM, Network Marketing, Noble & Associates Consulting, Noble Finances, over 50, price, pyramid, Sandra Noble, Senior citizen
Posted in Business, Finance, Marketing | 2 Comments »
Wednesday, April 23rd, 2008
My first intro to multi-level marketing was for Amway, about 30 years ago. I was living in Ohio, but went to Philadelphia to visit. I was invited to the presentation. I only remember one thing about the presentation. They either demonstrated or described their drain cleaner product. Then Barbara who invited me, turned to me and said “Aren’t you excited”. I thought it was ludicrous for me to be excited about drain cleaner.
I didn’t write them off altogether, since the benefit part was intriguing. Stories of writing off vacations and travel appealed to me. Not to mention the possibility of a big boost in my finances and financial situation. I even did a light weight query of some of my friends. All the ones who I thought would be good at it had already heard about it and or tried it.
At that time, MLMs were structure as the infamous “pyramid” structure. What that meant was that new people coming in could never make more than those above. Organizations with that structure were deemed illegal. And thus, they went away or were restructured.
One problem with MLMs is that the product costs are inflated to fuel the payouts to the independent marketers. And then there were the personal disasters I heard about. There was the scenario of people with garages full of product inventory that they could not sell. For couples (meaning married people) in the business, when the business failed, the marriages generally failed also.
But, there are people who swear by MLMs or network marketing. Not sure I have the personality for it.
Sandra Noble
NOBLE FINANCES
NOBLE & ASSOCIATES CONSULTING, INC
Tags: Amway, blog, Business, Business Over 50, businessover50.com, Consultant, financial, MLM, Network Marketing, Noble & Associates Consulting, Noble Finances, pyramid, Sandra Noble, Senior citizen, Tupperware
Posted in Business, Process | No Comments »
Saturday, April 12th, 2008
Noble Finances offers alternative financing solutions for Business.
Following is the post from www.squidoo.com/NobleFinances:
Is your business having cash flow problems?
Noble Finances provides financial solutions to foster business growth.
Companies with at least $10,000 in monthly revenues, can leverage accounts receivables from their creditworthy customers to get cash in 24 hours.
Businesses with as little as $2000/month in Visa/Mastercard credit card sales also qualify for cash advances against their future sales volume.
And, we also offer equipment leasing and pre-settlement lawsuit funding.
Clients sleep better at night knowing they sufficient cash and working capital to survive, to meet payroll, and to pursue bigger deals.
Who do you know whose business could be more successful if they had better cash flow?
Call 404-374-3384
Noble Finances
http://www.GetCashFromReceivables.com
http://www.BusinessCashSmallReceivable.com
Tags: blog, Business, Business Over 50, businessover50.com, company, Consultant, consulting, corporate, Finance, financial, Noble & Associates Consulting, Noble Finances, Sandra Noble, Senior citizen
Posted in Business, Finance | 2 Comments »
Wednesday, April 9th, 2008
Recession is defined as two consecutive quarterly declines in GDP (Gross Domestic Product).
US Fourth Quarter 2007
Financial industry profits fell $104.6 billion annualized. Nonfinancial industries’ profits fell $30.7 billion annualized. Corporate after-tax profits fell $37.9 billion at a quarterly rate of 3.3%. But despite the quarterly decline, corporate profits after taxes are up 3.3% compared with a year ago. And the U.S. economy, as measured by GDP, grew at a 0.6% annual rate, the slowest pace since late 2002.
But the operative word is “grew”. Believe it or not, we have yet to have one quarterly decline in GDP. Companies and institutions are losing money but the overall US economy is healthy and growing.
State Economics
So, let’s move down to the state level. I lived in Cleveland, OH for many years. Ohio has been hit hard by the non-recession. Ohio and other similar high take, high labor union states are losing jobs and population. These states tended to not have had the housing bubble that other states have enjoyed. The high unemployment rates have caused the increase in mortgage defaults and foreclosures. So the mortgage crisis in the country has a greater negative impact in states like Ohio. Housing prices have gone from steady-state to a decline. Hence my friends in the Ohio would find it more difficult to be bullish on the economy.
Personal Finances
Then on a personal level, many are convinced that there is a recession. There has been a significant reduction in the amount of disposable money. Consumer spending is down, at least for me and most people I know. Tears came to my eyes the first time I saw $3.25 per gallon at the gas pump. I have since seen even higher prices. So those of us struggling to make ends meet are at the lower levels of Maslow’s “Hierarchy of Needs”. Our focus is on putting food on the table, keeping a roof over our heads, and having gas in the car so we can get to work and earn a living.
Relativity
According to quantum physics, nothing is real unless it is observed and outcomes are influenced by the observer. This conforms to conventional thinking about what relativity is. It all depends on how you look at it. Two people can look at the same situation and draw different conclusions.
One of the tenets of Albert Einstein’s Theory of Relativity is that outcomes are the same for all observers. However, the theory also indicates that two simultaneous realities exist at the same time.
Reality
So yes, the US economy is still growing, however slowly it may seem. But the other reality is that many people are seeing and feeling a recession in their personal financial situations. And the forecast for many business industry sectors is bleak.
Sandra Noble
NOBLE FINANCES
NOBLE & ASSOCIATES CONSULTING, INC
Tags: Albert Einstein, blog, Business, Business Over 50, businessover50.com, Consultant, consulting, consumer spending, corporate, crisis, default, economy, Finance, financial, forecast, foreclosure, GDP, gross domestic product, Housing, Jobs, labor union, Maslow, mortgage, Noble & Associates Consulting, Noble Finances, Ohio, physics, prices, profits, quantum physics, rate, recession, Sandra Noble, tax, theory of relativity, unemployment
Posted in Business, Finance | 1 Comment »