Missing Sales?

How many more sales would YOU EARN if you offered a 90-day NO CREDIT CHECK payment program which GUARANTEES you receive full payment?

Complete the following worksheet to determine the $$$ you are losing?

 

Investment

Average fee/sale $____________

X 4 new customers per month $____________

= New business per month $____________ x 12 months

= TOTAL NEW BUSINESS IN ONE YEAR

Return on Investment (ROI)

Monthly lease fee, rental price or purchase price $____________

- 100% annual tax deduction for lease $____________

+ Statement fee $____________

+ Processing fee $____________

+ Equipment insurance, if needed $____________

- Monies from customer application or yield spread $____________

= Monthly investment $____________ x 12 months

= Total annual investment $____________

- New business in one year $____________

= ADDITIONAL ANNUAL INCOME minus investment from 90-day NO CREDIT CHECK PROGRAM $____________