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Write You - Business Ethics: Sometimes It's Hard To Do The Right Thing
Factoring And Purchase Order Financing In Canada oking even more distraught than she did last night. Cheryl figured the VP must have come down hard. She decided to reassure Michelle that her career was not over. "Hey kid," she said with a kind smile. "There are other companies."There was a time when obtaining business financing in Canada was very hard. But this is changing as small business financing companies are moving into an area previously dominated by large banking institutions.As most business owners know, qualifying for a business loan or a line of credit is very hard. Bank lending criteria is so strict that few companies ever manage to get any financing. But that is changing.If you own a company that sells goods or services to other businesses (or the government), then there are two financing options that are available to you. They are invoice factoring and purchase order financing.Are your clients taking up to 60 days to pa "Oh, no, that's not it. I'm not worried about my job anymore." Michelle allowed a slight smile to interrupt her malaise. "Before meeting with Patel, I had a short meeting with my boss. I let him know that if I ever even sensed him blocking my career, I would make a beeline to the president and maybe even the Justice Department. He got my message loud and clear. He won't be an issue." "Well, now. I'll bet that knocked him on his keister." Cheryl was impressed with Michelle's preemptive strike. "But why are you upset? You should be ecstatic. It was an incredible day!" "I'm not so sure about that, Cheryl." Michelle paused to press a napkin to her glistening eyes. "I really don't think I did the right thing." A Quick Lesson on the History of Power Tools "So now I'm in a pickle," Michelle concluded. "Do I do what is right, or do I stay on the Senior VP's good side?"For the vast majority of us, power tools have been around as long as we can remember in one form or another. When we look back to see such items of our childhood, it’s funny how they seem so primitive, yet at the time they were the most up-to-date invention making the lives of our families so much easier than those of past generations.Centuries before the wheel was invented, the Egyptians built the pyramids with nothing more than copper tools to quarry and cut the colossal blocks. It’s believed that this was one of the first uses of a copper drill, sharpened by the many metalworkers of the day, spun by twine attached to a cross piece that was moved back and forth like a bow. "I hope that is a rhetorical question," Cheryl replied. "You know the answer." Cheryl had just invested in three cups of coffee while her mentoring partner described an agonizing issue at the office. As Michelle's mentor for almost two years, she had witnessed her prot?g?'s impressive climb up the career ladder. Michelle began as a manager in a national fast food chain and worked her way to supervisor while still in college. Just after graduating, she was offered a corporate position in the franchising department. At age twenty-six, Michelle had reached a position of considerable influence, including an especially prestigious role on the franchise-approval committee. Here's how that committee operates: In order to secure the right to own and operate one of the company's restaurants, prospective franchisees must win the approval of representatives from finance, real estate, and operations. Each member has veto power over the applicant's fate. As the operational link, Michele held significant responsibility and this assignment was a real jewel in her career crown. But it now held the potential for stopping her career in its tracks. Thus, Michelle had called her mentor for this midnight, Waffle House rendezvous. "So let me make sure I've got this straight. Your boss sent word to you—he didn't talk to you directly, he just had his assistant tell you? Is that right?" Cheryl was as incredulous over the boss's cowardice as she was his blatant bigotry. Michelle nodded. "Of course he wasn't going to tell me directly. He is a corporate officer. He needs to maintain deniability." Cheryl could understand why he wanted to keep some distance from the message. He had ordered Michelle to veto the application of a franchise candidate named Sadid Patel. "Yep, that's exactly right. Mr. Senior Vice President had his assistant order me to veto him, because he feels we have too many foreigners in the system as it is," Michelle summarized. "Any chance that finance or real estate will do the dirty work before you have to meet with him?" Cheryl was fishing here, hoping to find a way Michelle could sidestep the conflict. "Not a chance. His finances are impeccable and he has picked a prime site to build on. Besides, they've both already signed off on him." Michelle continued to stare at the wall just behind Cheryl's seat, as if the answer might be written somewhere within the wallpaper. "There's no way around it. Tomorrow at 10:30, I can either perform a reprehensible act or I can see my career come to slithering stagnation at the age of twenty-six." Michelle picked up her napkin and wiped at a small water spot on the table. Maybe just this once I can compromise a principle, she thought. Just this one time. Finally making direct eye contact, she quietly added, "You've always told me that I have to pick my battles." Cheryl returned the eye contact and firmly replied, "And you know this is one you've got to pick, Michelle." ****** ****** ****** ****** It was eight o'clock the next evening. Cheryl and Michelle were occupying the same seats in the same coffee shop. "Well, let it out," Cheryl said. "You have that distant look on your face. What did you decide to do?" "The only thing I could do," Cheryl replied. "I couldn't be a part of any racist act." Michelle took a deep breath and slowly let it out. "So, I approved Mr. Patel. He has his franchise." Michelle leaned back in her seat, continued stirring the coffee but never drinking from the cup. "Good for you. I know it was tough, but you did the right thing." Cheryl was relieved to know that Michelle had valued integrity and character over developing a plastic career. But, Michelle was looking even more distraught than she did last night. Cheryl figured the VP must have come down hard. She decided to reassure Michelle that her career was not over. "Hey kid," she said with a kind smile. "There are other companies." "Oh, no, that's not it. I'm not worried about my job anymore." Michelle allowed a slight smile to interrupt her malaise. "Before meeting with Patel, I had a short meeting with my boss. I let him know that if I ever even sensed him blocking my career, I would make a beeline to the president and maybe even the Justice Department. He got my message loud and clear. He won't be an issue." "Well, now. I'll bet that knocked him on his keister." Cheryl was impressed with Michelle's preemptive strike. "But why are you upset? You should be ecstatic. It was an incredible day!" "I'm not so sure about that, Cheryl." Michelle paused to press a napkin to her glistening eyes. "I really don't think I did the right thing." Shipping Boxes For Your Packaging Needs f representatives from finance, real estate, and operations. Each member has veto power over the applicant's fate. As the operational link, Michele held significant responsibility and this assignment was a real jewel in her career crown. But it now held the potential for stopping her career in its tracks. Thus, Michelle had called her mentor for this midnight, Waffle House rendezvous.One needs to appropriately pack the goods with the right shipping boxes. There are lots to choose from, and you can either purchase this from the shipping company that will ship the goods for you, or you can purchase this from other stores. You can try checking out the Internet for such retailers, as there are now many who have online stores where you can order online – this would make your purchasing a lot easier.You can check www.uline.com for a list of their products. They have shipping boxes available as their easy-fold mailers, bulk cargo containers, heavy-duty boxes, corrugated boxes, computer boxes, and many more. They also have corrugated pads for your shipping nee "So let me make sure I've got this straight. Your boss sent word to you—he didn't talk to you directly, he just had his assistant tell you? Is that right?" Cheryl was as incredulous over the boss's cowardice as she was his blatant bigotry. Michelle nodded. "Of course he wasn't going to tell me directly. He is a corporate officer. He needs to maintain deniability." Cheryl could understand why he wanted to keep some distance from the message. He had ordered Michelle to veto the application of a franchise candidate named Sadid Patel. "Yep, that's exactly right. Mr. Senior Vice President had his assistant order me to veto him, because he feels we have too many foreigners in the system as it is," Michelle summarized. "Any chance that finance or real estate will do the dirty work before you have to meet with him?" Cheryl was fishing here, hoping to find a way Michelle could sidestep the conflict. "Not a chance. His finances are impeccable and he has picked a prime site to build on. Besides, they've both already signed off on him." Michelle continued to stare at the wall just behind Cheryl's seat, as if the answer might be written somewhere within the wallpaper. "There's no way around it. Tomorrow at 10:30, I can either perform a reprehensible act or I can see my career come to slithering stagnation at the age of twenty-six." Michelle picked up her napkin and wiped at a small water spot on the table. Maybe just this once I can compromise a principle, she thought. Just this one time. Finally making direct eye contact, she quietly added, "You've always told me that I have to pick my battles." Cheryl returned the eye contact and firmly replied, "And you know this is one you've got to pick, Michelle." ****** ****** ****** ****** It was eight o'clock the next evening. Cheryl and Michelle were occupying the same seats in the same coffee shop. "Well, let it out," Cheryl said. "You have that distant look on your face. What did you decide to do?" "The only thing I could do," Cheryl replied. "I couldn't be a part of any racist act." Michelle took a deep breath and slowly let it out. "So, I approved Mr. Patel. He has his franchise." Michelle leaned back in her seat, continued stirring the coffee but never drinking from the cup. "Good for you. I know it was tough, but you did the right thing." Cheryl was relieved to know that Michelle had valued integrity and character over developing a plastic career. But, Michelle was looking even more distraught than she did last night. Cheryl figured the VP must have come down hard. She decided to reassure Michelle that her career was not over. "Hey kid," she said with a kind smile. "There are other companies." "Oh, no, that's not it. I'm not worried about my job anymore." Michelle allowed a slight smile to interrupt her malaise. "Before meeting with Patel, I had a short meeting with my boss. I let him know that if I ever even sensed him blocking my career, I would make a beeline to the president and maybe even the Justice Department. He got my message loud and clear. He won't be an issue." "Well, now. I'll bet that knocked him on his keister." Cheryl was impressed with Michelle's preemptive strike. "But why are you upset? You should be ecstatic. It was an incredible day!" "I'm not so sure about that, Cheryl." Michelle paused to press a napkin to her glistening eyes. "I really don't think I did the right thing." Wholesale Name Brand Clothing Versus Non Branded Clothing ht. Mr. Senior Vice President had his assistant order me to veto him, because he feels we have too many foreigners in the system as it is," Michelle summarized.A customer called me recently and asked me whether I think he should focus on non branded clothing or brand name clothing.His question is based on the following idea.Brand name clothing is highly recognizable by customers because the brands spend millions of dollars marketing themselves. Non branded clothing, basically clothing by smaller labels or imported from overseas, have no name recognition. But the flip side is that non branded clothing can be purchased and resold for allot less than branded clothing.So how do you decide between selling non branded and brand name clothing?For starters you need to know who your customers are.Although the follo "Any chance that finance or real estate will do the dirty work before you have to meet with him?" Cheryl was fishing here, hoping to find a way Michelle could sidestep the conflict. "Not a chance. His finances are impeccable and he has picked a prime site to build on. Besides, they've both already signed off on him." Michelle continued to stare at the wall just behind Cheryl's seat, as if the answer might be written somewhere within the wallpaper. "There's no way around it. Tomorrow at 10:30, I can either perform a reprehensible act or I can see my career come to slithering stagnation at the age of twenty-six." Michelle picked up her napkin and wiped at a small water spot on the table. Maybe just this once I can compromise a principle, she thought. Just this one time. Finally making direct eye contact, she quietly added, "You've always told me that I have to pick my battles." Cheryl returned the eye contact and firmly replied, "And you know this is one you've got to pick, Michelle." ****** ****** ****** ****** It was eight o'clock the next evening. Cheryl and Michelle were occupying the same seats in the same coffee shop. "Well, let it out," Cheryl said. "You have that distant look on your face. What did you decide to do?" "The only thing I could do," Cheryl replied. "I couldn't be a part of any racist act." Michelle took a deep breath and slowly let it out. "So, I approved Mr. Patel. He has his franchise." Michelle leaned back in her seat, continued stirring the coffee but never drinking from the cup. "Good for you. I know it was tough, but you did the right thing." Cheryl was relieved to know that Michelle had valued integrity and character over developing a plastic career. But, Michelle was looking even more distraught than she did last night. Cheryl figured the VP must have come down hard. She decided to reassure Michelle that her career was not over. "Hey kid," she said with a kind smile. "There are other companies." "Oh, no, that's not it. I'm not worried about my job anymore." Michelle allowed a slight smile to interrupt her malaise. "Before meeting with Patel, I had a short meeting with my boss. I let him know that if I ever even sensed him blocking my career, I would make a beeline to the president and maybe even the Justice Department. He got my message loud and clear. He won't be an issue." "Well, now. I'll bet that knocked him on his keister." Cheryl was impressed with Michelle's preemptive strike. "But why are you upset? You should be ecstatic. It was an incredible day!" "I'm not so sure about that, Cheryl." Michelle paused to press a napkin to her glistening eyes. "I really don't think I did the right thing." Developing and Deploying Leaders in the Right Way aking direct eye contact, she quietly added, "You've always told me that I have to pick my battles."Helping people realize their potential as leaders means clearing a path for them to grow, but it also means identifying what they need to work on in the current job. This is where leadership gets very personal. There's no substitute for ongoing face-to-face dialogue with people about what's going well and what isn't. You can't let fear of their response undermine your know-how in helping leaders grow and improve.Stuart, the CEO of a global manufacturing and services company, found a simple way to save Kate, who had the potential to be a great CFO but was having trouble adapting to the company's Midwestern culture. Kate was hired for her tremendous talent in finance, and she ma Cheryl returned the eye contact and firmly replied, "And you know this is one you've got to pick, Michelle." ****** ****** ****** ****** It was eight o'clock the next evening. Cheryl and Michelle were occupying the same seats in the same coffee shop. "Well, let it out," Cheryl said. "You have that distant look on your face. What did you decide to do?" "The only thing I could do," Cheryl replied. "I couldn't be a part of any racist act." Michelle took a deep breath and slowly let it out. "So, I approved Mr. Patel. He has his franchise." Michelle leaned back in her seat, continued stirring the coffee but never drinking from the cup. "Good for you. I know it was tough, but you did the right thing." Cheryl was relieved to know that Michelle had valued integrity and character over developing a plastic career. But, Michelle was looking even more distraught than she did last night. Cheryl figured the VP must have come down hard. She decided to reassure Michelle that her career was not over. "Hey kid," she said with a kind smile. "There are other companies." "Oh, no, that's not it. I'm not worried about my job anymore." Michelle allowed a slight smile to interrupt her malaise. "Before meeting with Patel, I had a short meeting with my boss. I let him know that if I ever even sensed him blocking my career, I would make a beeline to the president and maybe even the Justice Department. He got my message loud and clear. He won't be an issue." "Well, now. I'll bet that knocked him on his keister." Cheryl was impressed with Michelle's preemptive strike. "But why are you upset? You should be ecstatic. It was an incredible day!" "I'm not so sure about that, Cheryl." Michelle paused to press a napkin to her glistening eyes. "I really don't think I did the right thing." Chart Your Road To Success With A Winning Business Plan oking even more distraught than she did last night. Cheryl figured the VP must have come down hard. She decided to reassure Michelle that her career was not over. "Hey kid," she said with a kind smile. "There are other companies."Success of your business largely depends on the quality of your business plans. You need to design a detailed, written plan that allows you to clearly see what your ultimate goal is, the reason for that goal, and each waypoint that must be passed in order to reach your goal.You need a complete, easy to use, but successful tool in order to define your basic products, income objectives and specific ways in which you are going to achieve them. The need of a business plan is imperative and is also a way to attract investors, obtain financing and get financial credits, particularly in times when you are short of cash. In this situation, the amount of money you have at your disposal "Oh, no, that's not it. I'm not worried about my job anymore." Michelle allowed a slight smile to interrupt her malaise. "Before meeting with Patel, I had a short meeting with my boss. I let him know that if I ever even sensed him blocking my career, I would make a beeline to the president and maybe even the Justice Department. He got my message loud and clear. He won't be an issue." "Well, now. I'll bet that knocked him on his keister." Cheryl was impressed with Michelle's preemptive strike. "But why are you upset? You should be ecstatic. It was an incredible day!" "I'm not so sure about that, Cheryl." Michelle paused to press a napkin to her glistening eyes. "I really don't think I did the right thing." Cheryl was stunned. "How can you possibly say that? How could you possibly doubt your actions?" Michelle spoke slowly and with an intensity Cheryl had never before heard from her. "Because Mr. Patel is, without question, the most unqualified person I have ever interviewed for a franchise approval. He has no understanding of customer service, looks down his nose at foodservice workers, and had no concept of quality standards." Michelle leaned forward, "Cheryl, I approved a compete incompetent as a franchisee of the very company that entrusted me to select its business partners. I violated that trust." Michelle paused and then quietly added: "Now, where is the integrity in that?"
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