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Keno R. Mullings
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  • Boston, MA
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Latest Activity

Keno R. Mullings replied to Tom's discussion 'Pricing' in the group Entrepreneurs
Quick tip... - Calculate startup cost (sc) - Calculate monthly cost per item (c) - Determine margin (m) - Determine realistically your monthly sales (ms) gross = c*(1+m) price = gross/ms Create a cash flow spreadsheet to calculate how soon before…
February 12
November 4, 2009
November 3, 2009
November 3, 2009
Hi Jasmine, I think most people store data on their hard / zip drives or use some other online file sharing tool such as Dropbox.io. Are you looking to purchase a digital asset management tool or are you looking to build one? -Keno
September 28, 2009
Hi Sheldon, Do you still need reviewers for your eBook? If so I'll be happy to review it for you. -Keno
September 28, 2009
Thanks Andrew. The reason I asked about the network size is that having a sizable network is one of your critical success factors. I liked how you incorporated a rating system for members. I signed up - thanks for providing this service!
September 10, 2009
I have a question for you folks...does it matter the context in which you take the quiz? When I took the quiz I answered based on what I would do if I were in the office which sometimes is not the same as what I would do at home. I suppose balance…
September 9, 2009
I like the concept :) How big is your network?
September 9, 2009
The Art of the Start is a good book to read. Guy has lots of great startup tips - his blog is good too. Personally unless you need to get start-up money I think a business plan is overrated. Don't get me wrong, you do need a plan to help you stay on…
September 9, 2009
Share about marketing books and resources, and ask questions.
September 9, 2009
This group is open to all PMBA members interested in discussing their results of the Strength Finder assessment.
September 9, 2009
Tax Basis = the amount of investment a taxpayer has in business assets http://www.noble.org/ag/economics/taxbasis/index.htm http://www.irs.gov/taxtopics/tc703.html I used TuboTax for 2009 taxes and it defaulted to TaxBasis. I used a CPA for last ye…
September 2, 2009
Entrepreneurs, or those that want to be, that are following the Personal MBA curriculum.
September 1, 2009
August 31, 2009
August 27, 2009

Profile Information

What do you do?
Entrepreneur
What are you most interested in learning?
Knowledge to enhance my skills as an entrepreneur
What do you have to offer the PMBA Community?
Problem solving skills
What do you want to achieve in this community?
Wisdom

Comment Wall (3 comments)

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At 12:17am on November 4, 2009, Eric Standlee said…
Comments in this forum are so limiting, but here goes.

My mother founded the firm over 20 years ago. We are a 250MM alternative funding source for B2B startups, acquisitions, and on-going concerns which are growing.
We can help companies that cannot get traditional funding.
Compared to equity, we are very inexpensive.
Here are a number of benefits for using our alternative funding:


10-Reasons Companies Use Alternative Funding

1. Significantly increase the cash flow of your business
• Earned cash is-available for qualified receivables in as little as 24-hours.

2. Use readily available cash to grow your business
• Funds generated by alternative funding can be used for new equipment acquisitions, inventory purchases, marketing expenditures/ facility improvements, etc. that otherwise may not have been feasible when you needed them most.

3. The process is very efficient and reliable
• Once approved, our clients trust American Prudential Capital for a userfriendly approach to doing business each and every month. Payments to our clients are dependable because we understand what a predictable stream of cash can mean to the life of any business.

4. Use what you need when you need it
• There are NO required monthly minimums for alternative funding and no long-term obligations. We recognize that alternative funding should be a "bridge mechanism" to more traditional financing and that typically our services are a season in the life of most businesses. Our contract is month-to-month because we earn your business.

5. Capital availability is flexible
• Alternative funding is the only means of business financing that can grow proportionally and immediately with your business as you need it.

6. Minimize internal costs associated with collections
• Your company will spend less time on collections since we take on most of this task. Thereby, you can focus more of your efforts on higher value-added activities such as sales and production.

7. Better knowledge of your customer's credit
• We are extremely proficient at verifying your customer's credit and ultimately their ability to pay your invoices. This enables you to make more informed decisions on where to target your efforts for the greatest gain and minimize your bad debt write-offs.

8. Leverage your customer's credit rating
• Your customer's good credit rating is one of the strongest assets you can have when using alternative funding. It is their positive history as much as anything that makes this process work for you.

9. Alternative funding is not a loan
• No debt is created when using alternative funding so there is NO negative impact on your financials. You are not using long-term debt to satisfy a short-term need for cash. This increases your appeal to traditional lenders because alternative funding creates cash in your bank account and not debt on your Balance Sheet.

10. Take advantage of early payment discounts to suppliers
• Minimize some of your alternative funding costs by leveraging supplier offered discounts for early payment and simultaneously increase your credit rating.

Find out what others think about working with us below

What do our clients say about American Prudential Capital?

"As a subcontractor in the Commercial Construction' industry for nearly 12 years, I understand how difficult it can be to survive in a competitive market which is characterized by seasonal fluctuation and increasing demand for strong performance. My association with American Prudential Capital has been a lifesaver for my business. Not only have I received the financial assistance that I needed, but my good friends at APC have been there to help me make right decisions for our company. What I discovered by utilizing their service was that they truly care about their clients and want to help others succeed.' The degree of integrity with which APC conducts its business is unsurpassed. I trust them completely and I would highly recommend their services to any organization."

Gary Carville - Commercial Care Services, Inc.

"American Prudential has been funding Allrail for over a year. They have been absolutely great to work with. Very simple process administered by a solid group of professionals. I have no reservations about referring this company to anyone."

Tom Morgan - Allrail Services, Ltd.

"We have been associated with American Prudential Capital using their funding services for over 7-years. Their helpful and dedicated staff has been a great asset to our business. The funding services are a great help with our cash flow which enables us to receive payment for our services within 24-hours after delivery. This helps us to manage our material costs for new orders and meet the needs of our customers."

Larry and John Haller - Custom Welding & Fabrication

Does that help?
At 1:48pm on August 31, 2009, Shantanu said…
Hi Keno,
Thanks for the comment!

Currently I am focusing on 'Corporate Skills'
under which I am reading:
- Cut to the chase
- The Simplicity Survival Hanbook
- The Unwritten Laws of Business
- Secrets of Power Salary Negotiating

Kind of 'synoptic reading'.

Keep the community posted on your learning,
questions and insights!

- S Deshmukh
At 2:21pm on August 27, 2009, Shantanu said…
Hello Keno,
Good to have you here on the Community!

Which of the books are your starting with?
Please feel free to post your comments on the Forum.

Welcome to the PMBA Community!

- S Deshmukh
 
 
 

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