Financial Education Services Review

Financial Education Services also known as FES is headquarter in Farmington Hills, MI and has approximately 200 plus employees worldwide. The majority of the services offered by FES are proprietary products developed by FES. There are as well some partnerships most notably, LifeLock the number 1 provider of identity theft protection.

The founders of this company, Mike Toloff and Parimal Naik come from a very successful background relating to the financial services industry and over the last 9 plus years have taken what was once an operation ran from a small back room in a shopping mall to a state of the art facility with representation across the country

Financial Education Services Products

Today’s market place demands products that will not only help consumers reenter the market place but as well help to educate them on important factors related to financial literacy that were never taught during formal educational years.

It is this combination of products, service and education that has helped FES to become a powerhouse in the market place today and what separates them from there competition. When you educate your customer base you have a potential for not only referral business but as well retention of existing clients.

Financial Education Services products consist of Credit Restoration, Positive Credit Building, Pre-Paid MasterCard, Wills and Trusts and the inclusive FES Protection Plan Membership that includes previous mentioned services along with DebtZero (Debt Pay-off System) and My Financial Lockbox.

Financial Education Services Business Model

The business model or distribution of these financial services is delivered through a network of independent distributors or what FES refers to as “Agents”. Agents are compensated for the sale of these products and also have the ability to build teams of agents and receive overrides and bonuses based on their team production.

The business model is a form of MLM or as more commonly referred to as Network Marketing. The unique thing about the FES model as that agent’s can opt to simply sell the products and not participate in the team building aspect of the business although to maximizes the compensation plan you will want to participate in both sales of products as well as team building.

Is Financial Education Services Right for You

Well let’s examine the facts; it is estimated that over 50 million Americans have less than a 599 credit score (Sub-Prime Credit), 90% of the population does not have a will and trust combination, the average consumer household debt is approximately 20K with no plan in place to pay it off and identity theft is the fastest growing crime in America. With that being said, it’s almost a certainty that most people know someone that can use the services that Financial Education Services provides.

The most likely candidates for the FES business opportunity are professionals in the financial services industry such as mortgage brokers and Real Estate professionals. There has also been a recent surge in interest from the insurance industry.

This opportunity just like any other home based business is great for anybody looking to enter the network marketing industry. There are no license requirements for the agents since FES is licensed and bonded in all 50 states including Puerto Rico.

The bottom line is if you’re the type of persons that needs the services offered by FES, will to sharing products that can benefit others or enjoy working from home than the Financial Education Services opportunity could be right for you.

Top Five Pros of Hiring a Waste Management Service in New Zealand

Waste management encompasses the collection and disposal of both hazardous and non-hazardous wastes from all areas of our society. It’s no secret that New Zealand is struggling with an increase of waste related issues, from rubbish polluting our sea-life to public health warnings dominating our news. Therefore, it is paramount that we buck up and get serious about dealing with our growing amount of waste safely and efficiently.*

For businesses generating industrial waste, the pros far outweigh the cons when it comes to pairing with a specialist waste management crew to collect and dispose of hazardous waste and chemical substances properly. Here we will look in detail at the benefits of hiring an expert kiwi waste management service.

1. You are helping to keep New Zealand’s environment clean and fresh.

This should be your top priority as a business; to take care of our beautiful environment and safeguard the well-being of your employees, family and future generations. By employing a professional team of waste disposers, you are reducing the risk of disease amongst workers, making a pleasant atmosphere to work in and ensuring that your waste is taken care of fully following legal requirements as well as assuring you that your waste has been removed in an environmentally friendly manner.

Not only will this give you great satisfaction knowing that you and your business are doing your part to protect the environment, it will also give your business an excellent reputation. Kiwi businesses that use a professional waste management company are highly regarded by customers, clients and competition alike.

2. You are encouraging eco-friendly growth.

By engaging with a quality waste management team, you are saying yes to recycling and reducing. A superior New Zealand waste company will endeavour to re-use, reduce and recycle wherever possible, guaranteeing you that as little waste as possible will ever see a landfill.

Much of our industrial waste can be re-used or recycled so it’s important that we acknowledge this and allow a trusted kiwi waste management service to collect our waste and assess the most energy conserving and eco-friendly way to deal with it.

3. You are reducing pollution.

As already stated, if waste is dealt with correctly it not only eradicates the physicality of the waste, but it significantly lessens the amount of greenhouse gases being produced. Carbon dioxide and methane are common gases secreted by industrial waste and can be deadly. Allow a qualified waste management professional to take care of your hazardous waste.

Further to removing toxic waste pollution, by using a waste management service, the use of landfills and incinerators will fall which will in turn further decrease harmful vapours polluting our environment. By reducing the amount of fossil fuels we use, we will ultimately gain a cleaner, greener New Zealand.

4. You will increase your profits.

Hiring a waste management company can not only save you money, it can also make you money. By allowing a special New Zealand company to handle your waste for you, you are actual saving valuable time, resources and ultimately – money. A good waste management business will also offer you training programs and tips on how to reduce, re-use and recycle your waste; saving you money. Some companies will even pay you for your waste!

The more waste-savvy you and your business become, the more rewards you will reap. Take the time to familiarise yourself with waste matters and encourage your workers to do the same.

5. You are creating employment opportunities.

In the current job climate, this is music to many kiwis’ ears. The waste industry requires a massive amount of workers, and New Zealand is no different. From collection to disposal, admin to advertising, there are countless opportunities for people to climb the job ladder.

When you make an agreement with your waste management service, you are providing new jobs and new opportunities for the people of New Zealand whilst making a great environmentally friendly statement.

*Don’t forget to do your research and check whether or not you are supporting a REAL kiwi owned and operated waste management business. With so many overseas business’s flooding the market, it’s important to support local companies.

The pros of employing a professional waste management service are plenty. Which company will you hire?

Dishonest Debt Settlement Companies Hurting Financial Services Industry

With burst of the housing bubble and subsequent worldwide recession, Americans are facing more credit card debt than ever before. Despite many consumers’ best efforts, eliminating thousands of dollars in unsecured credit card debt is extremely difficult to accomplish alone, more often than not requiring extreme financial discipline and an impressive savings account. This situation has opened the door for bogus debt settlement companies who prey on these misguided consumers.

Debt Settlement companies burst onto the scene in 2003, offering an alternative to traditional debt consolidation firms. These companies offered the ability to bargain with banks and collection agencies to forgive large amounts of what was owed, enabling the consumer to make a down payment, and then pay monthly until the debt was paid off. This was different than the traditional programs which often wrought lower interest rates and fee’s, but did nothing to reduce the total amount due.

This atmosphere presents a fertile breeding ground for predatory companies.

Consider the case of a 65-year old woman in Maryland who asked not to be identified. She signed up with a company who promised to help relieve her of the $10,000 in credit card debt she had accumulated. She gave the firm full access to her savings account (A red flag in all cases) and deposited $400 per month into an account toward her settlement.

However, when debt collectors continued to harass her, she realized the firm had never contacted her creditors in the first place.

Five years of battling with the company, while continually depositing money into her savings account, caused her to wonder if she would ever get her debt under control. She realized she had been swindled when the Attorney General’s office called to inform her of the imprisonment of the firm’s leaders. Unfortunately, she never got her money back and has recently filed for bankruptcy.

Luckily, this situation is still the exception to the rule, as many of these debt settlement companies offer legitimate financial services and the opportunity to become debt-free. Still, due to a lack of governmental regulation, the predatory firms still lurk, waiting for the perfectly desperate person to come along.

Protect yourself. Do your research on the firm with whom you are planning to do business. Ask friends and family, visit their website, and most importantly, check with the Better Business Bureau. Debt settlement companies can be a wonderful tool in the fight against credit card debt, just make sure you choose the right one.

Why Recession Can Be Good For Business

Business today is so often won at the expense of a competitor.

In a recession many small and medium sized enterprises (SME) ‘batten down the hatches’, indulge in an extensive cost cutting exercise. Large corporate business has learnt to invest in continual customer acquisition programmes, in an attempt to avoid the feast and famine / boom and bust cycle that is typical of the global economy (ten year cycles?). Almost always this knee-jerk reaction by SME management involves stopping most marketing activities or canceling the marketing budget, which amounts to the same thing and produces a similar poor performance.

If your competitors are cutting down on marketing, might not there be a good business case for your business to increase or diversify its marketing activities or maintain its marketing budget? What about your customers? What are they doing? Have they stopped wanting and needing your services? This is unlikely. The usual reaction by customers is that they require more guarantees, better service, and better value-for-money. Even in the travel industry which relies on consumer surplus spending power, customers generally do not stop wanting holidays, they merely choose different holidays, fewer days or shorter durations, nearer destinations, sometimes choosing less expensive accommodation, and always reducing the amount of add-ons and extras they purchase. How best can a business respond to the changing expectations of its customers? The answer must include flexibility.

This means something different dependent on each market sector, and niche. The ability to respond quickly in today’s increasing complex business world requires an important blend of the following:

1. Established network of business contacts.

2. Strong and reliable source of finance.

3. Strong relationships with its key stakeholders (customers, suppliers, employees, shareholders).

4. Strong psychological contract with its workforce.

5. Robust business processes.

6. Strong management information and control systems.

All the six business functions need to be managed and balanced. Most SMEs possess in-house one or two management specialisms, such as personnel or operations expertise e.g. manufacturing, engineering, but will not have the other four disciplines. Large medium and corporate companies possess all the key management disciplines internally, but their weakness comes from the inner conflict caused by departments competing for resources.

How can a SME compete effectively with larger businesses? Management gurus will tell you it is flexibility. This is true. How does a SME optimise itself to deliver sustainable flexibility is many times beyond the reach of the average business or ‘mission impossible’. This is precisely where outsourcing becomes so vitally important. The business service industry is well-placed to deliver business support that can be the ‘magic bullet’ that many SME senior management is seeking. A professional business adviser can quickly establish what are the critical success factors (CRS) and as an outsider or external resource of business expertise can provide a focus and ‘driver’ to achieve vital business objectives.

One key way to do this is in the form of coaching senior management, with a specific focus on empowering them to take key business decisions more quickly, more decisively based upon better information.