Tuesday, July 08, 2008

"Retailers: Turn on Your Financial Headlights!"™

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"May I take you to lunch?"
If word gets out that your Debt-to-Worth ratio is below 1:1, like 0.7:1, bankers gladly will pay for you to have a fancy lunch. Similarly, if your Debt-to-Worth ratio is near 1:1, he/she will still pay for your lunch...but a more modest one.
However, if your D/W ratio is above 1:1, like at 3:1, you should expect to pay for the lunch. Higher than 3:1? Maybe they'll sit long enough for a soda, but don't count on it.


Why Join The ROI ?
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It's NOT rocket science, after all!
We pay a lot of money for bookkeeping and/or a CPA. But they never actually teach me or explain the numbers.


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