text: With the holiday season in full swing and the New Year just around the corner, 2010 will end going down in history as a year small business would like to forget. The more things seemed to change the more they stayed the same. The reality is the credit crisis continued to inhibit growth due to the record bank declines. Traditional forms of financing have become an anomaly to cash flowing small business. With all the uncertainty, looming for 2011 the Factoring Industry remains strong, recession proof and has become the financing tool of choice. "TFI” is launching January 3rd, 2011 and with over 100 years of Industry experience “TFI” is poised to revolutionize the Factoring Industry and help small business…more to come! … [Read more...]
  December 18, 2010 Filed Under: Nuts and Bolts Tagged With: factoring industry, factoring training, Mike Ponomarew, small business finance, the finance institute
  You probably have heard the many benefits of factoring receivables but may have thought it's only viable for those companies with large profit margins. Well, you might be surprised to know that many companies with small profit margins are benefiting from factoring also. For example let us say that you are only making a 3% profit on your product and the factoring fee is also 3%. … [Read more...]
  December 6, 2010 Filed Under: From the Experts Tagged With: accounts receivable financing, Factoring Information, How to Factor on Small Margins, Make money in factoring, sell invoice
  If you are planning or interested in travelling to Oman for business, visiting or importantly working, you should read this piece.
  Despite the fact that the Sultanate State of Oman does not maintain an Embassy in Nigeria, statistically Oman is one of the top 10 countries Nigerians are travelling to frequently.
  It is important to emphasise that Oman does not have an Embassy in Nigeria therefore an intending traveller to Oman must relied on 2 options to obtain their visa.
  A cable visa in this case is an approval issued or granted by Omani government to an intending traveller from Nigeria. It is produced electronically and forwarded by email to the visa applicant, to enable him or her enter Oman.
  While it eliminated the hardship of physical appearance at the embassy, it is possible to fall a victim of fraudulent cable visa agent and also it denied the visa applicant the use of visa stamp as a souvenir in his passport
  5. VERY IMPORTANT you must ask how you can exit Oman incase the place did not meet your expectations and you want to get out.
  This is vital because most of their residence permits have two years life span and it may be impossible to leave or exit before it expiration.
  7. You must guide against rushing to a strange country and systematically entering a slave contracts.
  8. You must enquire about your potential employer because some of them are not discipline, hostile without human feelings, and with little respect for human rights.
  11. Finally be ready to face a very hash weather conditions. Oman is in the Arabian desert with an unfriendly weather, but the government has a very good cooling system.
  When your visa arrived and you’re ready to travel, in order not to get refused departure treatment in Nigeria, and to be allowed entry into Muscat you must have most or all of the following documents:
  The Gulf state of Oman is a country practising absolute monarch system of government, it is a well organised society, with a well-managed economy.
  Unlike most other Gulf States, Oman has a relatively diversified economy. Low in population but very good in developmental planning and programmes which enables foreigners to key into the economy and provide opportunities to work and earn living wages.
  Am a Nigerian but living in Benin Rep, and lookinf for visa to Oman for my business. how do I appliy safetly???.
  Am an accountant here in Nigeria and seeking for An opportunity in oman how do i process the Visa and Job selection?
  Hello sir, please am interested in getting a sponsor for me to come and work for how do I go about it
  Presently we do not have a sponsor to recommend. If we have one in future I will contact you. Thanks
  Hello, I just got a job offer from Oman but I need to do certificate attestation from the Omani embassy. Since they have no embassy in Nigeria, Please how can I get my certificates attested?
  Please check the internet for reliable agents. Furthermore do your research very well before going to any country.
  Hello sir, I’m a nigerian and I came in Oman with e-visit visa and my days are up. I’m going back to Nigeria end of this week. Is it possible to come in Oman after 1month? And which is the best visa to come with for searching for work in Oman? Waiting for your reply please sir. Thanks in advance
  Before departing Oman try and arrange for a sponsor or search for work and get a letter of employment, to allows you process a work visa which will enables you return without restrictions.