Solve your debt in 5 days or less!

to have a clear and provable plan for repaying the money he 
borrows. So long as you work through the commercial banks, 
you shouldn't need any kind of broker's license. But to be 
sure, you will want to check with your local licensing 
authorities. In the end, you'll probably want to get a real 
estate broker's license, because in many cases, real estate 
will figure into the loan in one way or another. However, 
you can get started without one. If you run into an 
immediate need for a real estate broker's license, you can 
always make an arrangement with someone who has one and let 
him be the "license of record."  
Finally - and possible the Number One requisite for success 
in your Business Financing Service venture is this: You are 
going to need, and really must have, enough money available 
or coming in from some outside source(s), to sustain your 
daily living for at least the first three months before you 
open for business. It will probably take you two to three 
weeks to put together each of your first loan proposals. 
You're working (investing your time) but the money won't be 
coming in until you finish the job. But even when everything 
is ready and you begin trying to place a loan, it could take 
you anywhere from three weeks to three months to get the 
final approval. So the best way to get started as a money 
broker is, as we discussed earlier in this report, to start 
on a part-time basis while you are still holding down a 
regular job. Remember, you can work out of your home; do 
some careful planning and become efficient with your time; 
concentrate on getting those "retainer fees" and proceed 
with packaging the loan proposals.  
There is no effortless way to start this or any other 
business. You have to start small, do all or most of the 
work yourself, and in addition to investing your time, 
you'll have to "prime the pump" with money of your own. 
However, it can be done, and most assuredly this particular 
kind of business can take you from pauper to wealth in a 
short time. Businesses in every city and town in this 
country would like to have more money than they currently 
have available. You can become rich beyond your wildest 
dreams by helping them. You identify those with money needs 
and bring them together with the people or organizations 
with money to invest. All it takes is the know-how we've 
passed along within this business start-up manual, and 
ACTION on your part - it's up to you!  
REFERENCE ASSOCIATIONS: 

American Finance Association 
Graduate School of Business Administration 
New York University 
100 Trinity Place 
New York, NY 10006 

American Institute of Financial Brokers 
221 N. LaSalle Street 
Chicago, IL 60601 

American Institute of Professional Consultants 
American Professional Center 
201 S. Lake St., Suite 500 
Pasadena, CA 91109 13

 
50 Ways To Cut Costs And Increase Profits

1. Buy frequently used products in bulk. 
2. Whenever possible, fax it before you discuss 
3. Purchase a fax switch and remove the dedicated telephone 
lone.  
4. If you communicate by modem purchase a new one that 
speeds up communication.  
5. Monitor long distance telephone charges - include them in 
charges to customers or insure that they are included in 
overhead.  
6. Plan now to hire students in the summer or for peak 
periods.  
7. Ensure heating is turned down on week nights and reduced 
more on weekends.  
8. Turn off all unnecessary lights. 
9. Have office cleaning staff reduce visits to once every 
two nights instead of every day.  
10. Ensure faucets are not leaking. 
11. Turn down hot water settings 10-20 degrees. 
12. Retrofit toilet reservoirs to use less water per flush. 
 
13. Cut vehicle car washes to half. 
14. Ensure that postage for parcels is correct by using 
weigh scales.  
15. Encourage the reuse of newspapers, paper for draft 
copies, boxes, incoming Styrofoam packing for outgoing 
packages.  
16. Photocopy paper on both sides for client newsletters and 
other mailings.  
17. File taxes on time...consider municipal, provincial, 
GST, PST and Federal... to avoid penalties.  
18. Review subscriptions to newspapers and periodicals to 
avoid duplications...set up a procedure to distribute single 
copies.  
19. Use reusable interoffice envelopes and re- address 
rather than use new ones.  
20. Increase the deductibles on office business insurance 
policies.  
21. Negotiate for discount vehicle fuel through bulk buying 
or centralized purchasing.  
22. Consolidate credit card outstanding balances with a line 
of credit to reduce interest charges.  
23. Renegotiate your premises lease. 
24. Consider refinancing loans at old rates for new, lower 
rates.  
25. Review credit card membership costs and cancel redundant 
cards.  
26. Negotiate better deals on maintenance contracts such as 
grass cutting, window cleaning, carpet cleaning and 
uniforms.  
27. Entertain at your home or office rather than at 
restaurants.  
28. Encourage customers to pay cash rather than use charge 
cards.  
29. Pay bills that provide discounts on time. 
30. Use refillable cartridges for photocopiers or laser 
printers.  
31. Purge old files into cardboard storage boxes to free up 
space.  
32. Review heating methods used to determine if conversion 
to other fuels, different furnaces or suppliers would reduce 
costs.  
33. Review the effectiveness of advertisement in newspapers, 
trade magazines or monthly mailers. Is there a more 
effective, less costly means to reach your market?  
34. Eliminate bank account that are no longer necessary. 
35. Get your accounting up to date for tax planning for both 
company and owners.  
36. Ensure all withholding taxes for employees are paid on 
time.  
37. Review Workers Compensation rates. Be sure that 
adjustments are handled promptly to provide credits.  
38. Schedule regular maintenance on key vehicles, computers 
or other productivity enhancements to avoid expensive down 
time.  
39. Consider installing a telephone answering machine rather 
than an answering service.  
40. Inquire into government funding for training. 
41. Review accounts payable for large debit balances. Use 
the credit or request refund.  
42. Review vehicle usage for the next six months. For idle 
vehicles, investigate not renewing licenses and redefining