SRED Credits – How to Finance Your Claim For Immediate Cash Flow

Canadian business owners and financial manager who file for SRED credits are often not aware that these claims can be financed in order to generate working capital and cash flow out of the claim. They are even more surprised to hear that it is actually possible under most conditions to obtain financing even prior to financing the claim.What could be a better working capital and cash flow strategy than getting immediate cash flow for a government grant that is non repayable? We frankly can think of no other risk free way to bring valuable cash funds into your company if you are utilizing this great government programme.Let’s establish some bedrock around what we are talking about. The programmes formal name of course is the Scientific Research and Experimental Development aka ‘(SR&ED) ‘program that is funded by the federal and provincial governments. Each SRED claim has a federal and provincial portion, and, combined, they provided you with a non- repayable tax credit for a significant amount of the funds you spend on qualifying R&D and business processes.Many clients we work with have their claims prepared on a contingency basis – that simply is letting someone else, known as a SRED consultant, prepare you claim and letting them absorb all ( yes all ) of the cost of that claim. When you finance a SRED claim you can actually arrange to have the SRED consultant paid at the same time also.SRED claims continue to be on the rise in Canada, and when you couple the filing of those claims with a somewhat challenging financial environment for business financing you have a perfect storm, so to speak, for the consideration of financing your claim.The financing of SRED claims is the ultimate ’boutique ‘financing business in Canada. We urge clients to work with a business financing advisor who can ensure they are receivable maximum funds and market rates, terms and structures for the amount of the claim.Clients want to know how ‘complex ‘a SRED financing is. The reality is that you should view a SRED tax credit financing in exactly the same manner as any business financing, other than to understand perhaps that the main collateral on the SRED loan is really the claim itself. We use the word ‘SRED loan ‘but in reality the SRED financing brings no debt to the balance sheet – you are simply monetizing your claim for cash flow and working capital now.The essence of the entire process can be simply described under the following process- SRED financing application- due diligence- legal/documentation- Funding!!It’s as simple as that, and we advise most clients the entire process can be completed within a few weeks, which is standard for most business financings anyways.You would only want to consider SRED financing if in fact you don’t want to way from 1-12 months, (sometimes longer) for your grant cheque from the government. As a Canadian business that is growing you probably have much better uses of those funds now, including reducing payables, investing in even more r&d, acquiring new business assets, etc.Consider SRED tax credit financing as one more toolkits you have in your overall business strategy. Work with an expert and maximize the amount of your return and the overall most effective use of that essentially free cash flow and working capital.

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A Guide to Help You Pick the Best Air Purifier for Your Loved Ones

Holidays are around the corner. This is the time of year when people start purchasing gifts for their loved ones. If you are going to purchase an air purifier for someone you love, we have some helpful tips for you. If you want to purchase the best unit, you may be able to use this guide to your advantage. Read on to find out more.

1: Set Your Budget

Just like anything you purchase, make sure you have set your budget first. The price of the unit will vary based on a lot of factors, such as the capacity, filter type, features, and brand of the unit. If you don’t have a flexible budget, we suggest that you go for a product that is available to purchase for less than $300.

2: Consider the Needs of the Recipient

Your next move is to consider the needs of your recipient. If you are going to purchase this unit for everyday use, we suggest that you go for a unit that comes with a HEPA filter. On the other hand, if your loved one has a specific need, we suggest that you consider a specialized unit.

For example, if they are more prone to respiratory issues, such as allergies and infections, we suggest that you get a UV purifier for them. The devices are designed to neutralize viruses and bacteria.

3: Think About the Available Space

Another primary factor is to consider the available space in the office or house of the recipient. For example, if they need a general-purpose unit for a small apartment, you may want to consider a filterless unit.

On the other hand, if they have plenty of free space, you may consider a bigger unit that features a higher airflow rating. These units are powerful enough to cover a large face.

4: Consider Extra Features

Lastly, we suggest that you consider additional features that they will just love. For example, some units come with an indicator that turns on when the filter needs to be replaced. This will allow the user to change the filter so that the device continues to work properly.

So, you may want to consider these features before you place your order. These features may not be important to you, but your friend may just be over the moon.

Long story short, we suggest that you consider these four tips if you are going to purchase a gift for your loved one on these holidays. Since the air is full of pollution during winter days, nothing can make a better gift than an air purifier. Therefore, you should consider these tips before looking for an online or physical store to make your purchase decision.

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How To Create A Lead Magnet To Get More Prospects

A lead magnet is the free incentive you offer in exchange for somebody joining your email list. Email marketing is one of the most effective marketing strategies for running a profitable online business. It doesn’t matter which niche you’re in you must have a responsive email list.

People will not give you their email address to receive something that doesn’t interest them. When you create a lead magnet it has to be something so enticing that your prospect would otherwise pay for it.

Types Of Lead Magnet

Your lead magnet can come in a variety of formats. Think about what your audience is most likely to respond to. Here are some examples

Cheat Sheet: This might be in the form of a worksheet, notes, a mind map, or some kind of visual.
Course: People often like email courses that they receive over time.
Report: A short, easy-to-digest report that offers a great strategy or tips.
eBook: A longer, more comprehensive lead magnet in the form of an eBook.
Audio File: A sound recording or course that teaches something.
Video: A video that teaches something, shares a great strategy, demonstrates something, etc.
Coupon: A discount to new prospects who sign up for your list.
Quiz: People like to answer questions and see if they’re correct, so you can deliver their results via email.
Keep It Simple
Don’t over complicate things. Your offer should be simple and effective. It should be easy to understand the value that you’re offering and easy to sign up. Make sure your lead capture page (also called a squeeze page) is clean and straightforward.

Be Precise

Ensure that your offer is specific. Offering one solution to one problem people in your market have. You don’t want to be to general or attempt to cover lots of different areas. Really spell out exactly what people can expect to receive.

Build A Great Lead Capture Page

Remember that you really have to encourage people to sign up for your list. You really have to “sell” it so people will sign up. Make it an offer they can’t refuse and put the strongest 3 to 5 benefits on the lead capture page.

You Need Highly Targeted Traffic

Direct targeted web traffic to your lead magnet. This means you know your audience will be interested in what you have to say. You can use paid or free traffic or a combination. If you have a good lead capture page and you create a lead magnet that your target audience will want, you’ll get a sizeable amount of sign ups for your list.

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