Discover Unknown Benefits of Having a Travel Insurance on Canada Trip

Canada is a land of scenic beauty. However, a badly planned trip to Canada can give one a sour time. In the itinerary checklist, one should never forget to get travel insurance. Travel insurance for Canada can save you from unforeseen expenses. A wide range of cover can be availed in travel insurance such as cover for damage from an accident, medical emergencies, theft of personal belongings or cancellation of flights. While evaluating travel insurance plans, make sure to look for different categories of policies based on factors like category of the person traveling – senior citizen, businessmen, etc. A frequent traveller, for example, can choose an annual plan. Tailoring an insurance policy so that it covers a group is also available. Some of the major benefits that you can avail on buying travel insurance Canada are: 

Discover Unknown Benefits of Having a Travel Insurance on Canada Trip

Get a Cost-Efficient Comprehensive Cover 

The mundane task of buying travel insurance can actually sometimes help you avoid grave financial losses. Begin by listing down the covers that you need. Then, if you are traveling in a group, list down the categories of people. In case you are a frequent flyer, list down the number of trips. Buying a policy that suits your needs means avoiding buying an expensive policy that does not meet your demands. It also assists in avoiding cheap policies that do not provide adequate cover.

Travel Policy Covers Medical Emergencies

Traveling overseas can mean falling prey to unfamiliar illness. For anyone who is travelling to another country, this is one of the most undesirable situations. Any such health emergency can lead to sky-rocketing medical costs. Buy a travel insurance policy that provides comprehensive coverage such as cover for hospital expenses, expenses pertaining to medical emergencies, medicinal bills, expenses for existing illness, et al. Have a relaxed time in Canada after having you and your family’s health expenses covered by a comprehensive insurance plan. Make sure that you furnish all the information regarding your medical history in the proposal form so that issues do not arise while making a claim.

Cover for Cancellation of the Trip

Another major challenge while traveling comes in the form of flight cancellation. The benefit of buying a travel insurance policy is that it provides a cover for the cancellation of the trip for the following reasons:

  • Cancellation of flight due to natural or man-made disasters.
  • Cancellation of flight due to issues with flight.
  • Emergency medical situation of a family person not traveling along, et al.

Get a Cover for Theft or Loss of your Personal Belongings

Travel insurance policies also provide cover for baggage carrying valuables or important documents,  that can get lost or stolen while on a trip. A comprehensive travel insurance policy can offer financial reimbursements in such cases.

Buy a Policy with Minimum Exclusion to your Needs

At times, travel insurance policies have certain limits on the range of cover and the amount of cover. It is recommended to compare any possible exclusions in the policy with your needs to get …

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Alternatives and Tips for Working Capital Financing by Banks

Canadian business owners and financial managers who seek finance by banks or other sources generally experience growth in sales and profits. That’s the good news, which of course is offset by the fact that this type of success requires additional working capital.

Liquidity has become the name of the game and ‘money is king’ even today never seems like an old-fashioned cliche? . A recent study by the Conference Board of Canada shows that the main concern of business owners is working capital cash flow. (Also referred to as ‘regulatory and competition issues’)

Alternatives and Tips for Working Capital Financing by Banks

So you have assets … but can those assets generate cash flow by banks or other alternative sources.

For working capital needs, this is all about ‘current assets’ which includes receivables and inventory. When you invest in these two assets to generate sales, your working capital needs increase, and your ability to manage and hand over those assets plays a key role in the provision of working capital by banks, and non-bank institutions.

You don’t need to be afraid to get into traditional or alternative working capital solutions if you have managed your current assets correctly – you only make money for liquidity, and that is rarely a bad thing.

So, Canadian chartered banks are the solution for your needs. Maybe, maybe, maybe our answer, which means that if your company is able to meet the bank’s criteria for a revolving credit line, your needs can usually be met. What is even more concerning for our clients is their ability to not be able to produce enough financing for a sister from receivables, aka inventory.

That then led us into an alternative to bank financing, which is a fast-growing area of asset-based financing, specifically asset-based credit lines. This facility is more expensive, but gives you a total margin of the market value of your receivables, inventory, and, guess what, we will throw equipment and real estate if you want to provide a temporary margin. And remember, your balance sheet doesn’t take on debt when you enter a bank or alternative asset-based credit line, you only get money from your finances for cash flow.

The reality is that alternative financing methods are increasingly popular – yes they are more expensive, but if your company generates sufficient margins and returns on capital, your ability to utilize almost unlimited working capital can prove to be a very positive experience.

The reality of working capital financing by banks or alternative methods is always the same – you need to determine the turnover of your assets, there will always be times when you need a bulge in your inventory and A / R to fund your growth.

Liquidity, that’s the problem. Talk to a trusted, experienced, and credible Canadian business financing advisor to make sure your traditional and alternative business financing options are available first, clear, and second!…

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What is Manufacturing Financing?

The manufacturing industry as we know it is one of the most important and biggest industries in the world. In fact, it is so large that it has a value of over 2 trillion dollars, and is known to make up 11% of all the industries that exist financial though this is an industry that is very valuable and worth a lot of money, some manufacturing companies find it hard to keep financial sustainability. Financing is no doubt important for every industry, especially for manufacturing companies that have a lot of product production expenses. Financial organizations can be complex for manufacturers to keep up with since they have multiple factors that have a lot to do with funding. This includes completing purchase orders, paying bills to run the factory, buying essential tools and materials and of course running the projection of the machinery and equipment. Once all of this adds up, the price and total can make almost any manufacturing business feel pressured in their finances. But fortunately, there are ways that manufacturers can get help in their financial area so that they have balance in their business. Here are details about manufacturing finances and also how to get a loan for financial help :

What is Manufacturing Financing?

First, What Is Manufacturing Financing?

If there is no excellent financial health when managing a manufacturing business, it is most likely that the manufacturing production will be unsuccessful. But the problem that most companies find with manufacturing is that others can come in very rapidly like a constant clock. This is where some manufacturing companies can stumble because if they can’t keep up with their financial health, it’s nearly impossible to keep up with the overflow of orders. This can lead to the business having to reject a manufacturing request which is not good for business. The good news is that if manufacturers are finding it hard to complete and accept orders due to their finances, they can get manufacturing financing loans. There are many companies and even banks that are willing to support manufacturers with their expenses and product production. Getting manufacturing finance support does just have strings attached to it, but it’s definitely something and is considered applying for if a financial boost what a manufacturing company needs.

How To Get Manufacturing Financial Help

Being able to get a financial loan for a manufacturing company can either be complex, straightforward or plain easy. It usually depends on multiple factors; the company, how much it needs to and what companies they are getting the loan from. All of this varies, so it would be very hard to tell right off the bat if the company can even get a loan. Then, the manufacturing companies have multiple options to choose from and will need to pick one fits their needs and interests. Loan options like; business cash advance, SBA Financing, supplier financing, asset-based lending and more. But despite the fact that there are many factors that apply to get a loan, there are fortunately some …

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Investor Presentation – Powerful PowerPoint Pointers

In an earlier article entitled, “The Investor Presentation – Your Chance to Set The Hook”, I talked about the importance of making an effective, compelling investor presentation. I mentioned that an investor presentation was an opportunity to make a great first impression, establish credibility and create trust. Today I would like to pass along some pointers that will help you do that. And remember, these pointers don’t just apply to investor presentations, they apply to any presentation.

Your slides should be used only for the purpose of supporting your verbal remarks. Your slides should not draw attention away from you. Again, they should support you, not complete with you for audience attention.

The best way to accomplish this is to keep the slides simple. Limit each slide to 3-4 bullets, use fonts that are large enough to be seen from a distance and contrast with the background of the slide.

Use as few words as possible on each slide. Try not to use industry specific jargon. You do not want to confuse your audience or leave them wondering what you are talking about.

It is important to use graphs, charts and images, but use them selectively. You will not achieve any of your business goals simply because of how clever you are at creating graphically pleasing PowerPoint slides. Also, don’t forget that the slides should be easily printable on a black and white printer.

Put energy and passion into your presentation. Have fun and relax and make your audience feel at ease. We are hard wired to enjoy a story. We’ve been listening to stories since we were born. So, use the presentation to tell a great story about your business. Try to concentrate on the 3-4 most important issues you want to discuss. Don’t try to do too much.…

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How to Invest Into Initial Public Offering and IPO Investments

Are you wondering which portion of the current marketplace is the most profitable area of the market to place your funds? If you are searching for the areas of market that holds the most promise for investors, you should certainly be investigating the potential of initial public offering/IPO opportunities.

As you likely already know, IPO stocks present a very unique opportunity for anyone who is investing into the open market. If you have the opportunity to invest in one of these stocks, you will be able to purchase the investment before the rest of the market has found the opportunity to do so. For this reason, you can be sure you are entering the stock at a very good time, for the company is about to experience a fairly large surge in the amount of a recognition it receives from the overall marketplace.

Even though the IPO stocks are generally a fairly decent investment when it comes to the timing of your purchase, you should still investigate a few factors to ensure you are entering a valuable investment. The basic premise of your research will be based on uncovering whether or not the stock is being sold for two high of a price and whether or not the stock will increase in value over time.

As you may already know, IPO investments are often the most difficult investments to assess. On many occasions there is a limited amount of information relative to the company’s operations, as well as a lack of data about how the public is going to respond to the company’s stock offerings.

This is why you should certainly access as much background research on the company as you possibly can. As you find out more information about the background of the company, you increase your ability to assess the overall value of the opportunity.

A good idea to base your research on is the fact that the company is releasing an IPO in order to raise more capital. Most of the time, companies utilize new sources of capital for expansion activities. There are some circumstances where a company will simply utilize the newly available funds for decreasing interest rate costs they must pay on the capital they borrow, but for the most part though, companies utilize the newly found capital they raise through IPOs for expansion activities. If you can predict that the company will be implementing substantial expansion activities after releasing their IPO, you will be able to easily assess whether or not the company is increasing its overall value as a result.

The fact that the company is attempting to raise capital for expansion is certainly a good sign for investors, but it should definitely not be your only source of information for the decision on whether or not you should buy the stock. You should keep in mind that the fact the company is raising capital to invest into its operations is only in a planned stage at the moment an initial …

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