Alpha Business Consultants

Thursday, March 3, 2011

How Luxury Vehicle owners can avoid Debt problems

          How Luxury Vehicle owners can avoid Debt problems

  • How can Small Business owners Manage the Risk of owning Luxury Vehicles in a Market downturn ?
  • How can Small Business owners avoid having their Luxury Vehicles repossesed ?
         In times of a Market downturn

         Luxury Vehicle Finance Companies
         
         do not want to take back  hundreds of their Client's Vehicles .

         They would prefer to Negotiate a Solution than go to Court .

  • Should Small Business owners contract Business Consultants
         to Negotiate difficult Debts on their behalf ?

         It is quite often difficult for Business owners to seperate themselves emotionally

         from their  attachment to their favorite vehicle .

        Therefore a Business Consultant will be able to Negotiate your Debts with greater clarity .

        Having a third person Negotiate for you can bring tremendous  benefits ,

        and help you to focus on running your Business in a more effectual manner .


        In a recent article in Melbourne's Sunday Herald Sun ,

        Sue Hewitt reported ,

       " BMW is pursuing hundreds of Australians in Bankruptcy proceedings

          over Luxury Vehicles collectively worth up to $18 million ,

          as dreams of enjoying opulent lifestyles crash .

         The social aspirants now face losing their luxury vehicles

         and possibly their homes

         to repay massive debts to Car financing giant BMW Finance . "

        
         The harsh reality for Small Business owners is the dependence

         on Economic Market conditions for their Cash Flow .

        
         There is no gauranteed wage with benefits for the Business owner .

         If Economic circumstances become adverse and Cash Flow is  restricted ,

         there may not be enough funds left over at the end of the month

         to pay for the Luxury Vehicle Lease .

         To protect your Income , Cash Flow and Business ,

         answer these key Questions .


  1. Should you scale down your Luxury Vehicle purchase if Cash Flow is tight ? 
  2. Do you really need the Top of the Range ?
          You can always scale back up when the economic cycle improves .
    
    3.   What is your Accountants advice as to your Vehicle Price Range affordability ?

    4.   Are  any of your current Properties being used as Security for your Luxury Vehicles ?

          If so , ask your Business Consultant to assist with the changeover of Security immediately !

     5.  Will  the Car Finance Company  attack your House and other Properties in  Court ?

     6.  Can a Business Consultant help you restructure your Finances
         
          and avoid Bankruptcy proceedings ?

     7.  How can you better Manage your Risk
         
          by protecting your Income against Sickness or Accidents ?


          By using the Services of a Business Consultant

          Small Business owners can save themselves a lot of pain

          dealing with Debt collection in court ,

          and receive effective and pragmatic assistance

          to achieve greater Success .






        Copyright - Alpha Business Consultants - 2011







              


   









   

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