What’s a Career Coach? Do I need one?

You may have noticed one of the latest trends in … is to have your own career coach. It’s not really anew concept. … have known for years the value … in the …

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You may have noticed one of the latest trends in career
management is to have your own career coach. It’s not really a
new concept. Executives have known for years the value of
investing in the expertise of a career professional. You may
still wonder, “What’s a career coach?” and more importantly, “Do
I need one?”

The best way to illustrate the value of a career coach is to
compare them to personal trainers. Anyone can go to a gym and
work out. Having a personal trainer is not a prerequisite to
fitness. The value of a personal trainer is that he/she helps
their client achieve their fitness goal quicker and with better
results. Similarly, a career coach accelerates the job search
process resulting in significantly higher starting salary.

A job-search campaign demands specific skills such as resume and
cover letter writing, networking, interviewing and negotiations.
The best jobs don’t necessarily go to the most qualified, but
rather, to those with the sharpest job-search skills. An
effective career coach provides expert advise, insight and
training on these essential skills giving their clients a
tremendous competitive advantage.

The most effective job-search campaign has a strategic marketing
plan and focus. No corporation would launch a new product
without a marketing plan. Every phase is carefully orchestrated
to maximize sales results. A career coaches can help you develop
an action plan designed to 1) uncover more job leads, 2) secure
more interviews, 3) maximize interview results, 4) increase the
number of job offers, and 5) significantly increase your salary.

Not all job seekers need a career coach. If you already have
headhunters calling you with job leads, you’re probably OK on
your own. Here are some situations were job seekers could
benefit from the expertise of a career coach: 1) changing
industries, 2) moving into management, 3) changing functional
roles (like accounting to sales), 4) relocation to a new area, 5)
unstable work history, 6) been with the same company for many
years, 7) over or under qualified, 8) over 50, or 9) lack
confidence in your salary negotiation skills. Another way to
tell if you need a career coach is lack of positive results. If
you aren’t getting responses from your resume postings or you
aren’t getting called back for second interviews, a career coach
could most likely help you improve your skills and get your
campaign moving forward.

If you decide to invest in a career coach, here are a few things
you’ll want to look for. A career coach should be an expert in
the field of career management. Ask about their background and
how they stay abreast of national employment trends. A career
coach should understand employer buyer motivations. Ask if they’
ve ever sat in the hiring seat. A career coach must be a good
listener. If he/she talks more than listens, your objectives won
‘t be heard or understood.

Like the athlete running a race, your job search is a competitive
event. Prepare to win first place in your job search. As every
runner knows, second place doesn’t take home the prize.

RRB PO Coaching Center in Tirupati

Elevate Your RRB PO Preparation with Vivek Coaching Center: Your Ultimate Destination in Tirupati!

Welcome to Vivek Coaching Center, the epitome of RRB PO coaching in Tirupati. Our unwavering dedication to your success has solidified our reputation as the premier institute, renowned for providing top-notch coaching tailored specifically to the RRB PO examination.

Why Choose Vivek Coaching Center for Your RRB PO Preparation?
Proven Excellence: Vivek Coaching Center boasts an impressive track record of nurturing successful RRB PO candidates. Our success stories stand as a testament to our effective teaching methodologies and the commitment of our experienced faculty.

Expert Faculty Team: Our faculty is comprised of seasoned educators and subject matter experts who possess in-depth knowledge of the RRB PO exam pattern, syllabus, and the latest trends. Their expertise ensures you receive unparalleled guidance and mentorship.

Personalized Learning Approach: We recognize that every student’s learning style is unique. Our coaching programs are thoughtfully designed to cater to diverse learning preferences, ensuring you receive a personalized learning journey that maximizes your potential.

Comprehensive Study Material: Gain access to meticulously crafted study material that comprehensively covers the entire RRB PO syllabus. Our material simplifies complex concepts, making them easily understandable and helping you build a strong foundational knowledge.

Strategically Designed Mock Tests: Practice is the cornerstone of success. Vivek Coaching Center offers a series of meticulously crafted mock tests and practice papers that closely simulate the real exam environment. This empowers you to assess your progress, pinpoint areas for improvement, and refine your exam strategy.

Mastering Time Management: Excelling in RRB PO exams requires efficient time management. Our faculty imparts invaluable tips and techniques to help you manage your time effectively during the exam, ensuring you tackle all sections with confidence.

Supportive Learning Environment: At Vivek Coaching Center, we foster a collaborative and supportive learning atmosphere. Engage in insightful discussions, participate in doubt-solving sessions, and benefit from collaborative learning with your peers, creating an environment that fuels holistic growth.

Continuous Guidance and Updates: Stay up-to-date with the latest developments related to RRB PO exams. We provide regular updates about exam notifications, application procedures, and any modifications in the exam pattern to keep you well-prepared.

Embark on your journey towards a triumphant banking career with Vivek Coaching Center. Our mission is not only to prepare you for the exam but also to empower you with skills that will guide you throughout your professional journey. Join us in Tirupati and experience excellence in RRB PO coaching. Your pathway to success begins here!

Invoice Discounting For E-Commerce & Retail Industry

India has experienced remarkable growth in both retail and e-commerce industries over recent years. India was predicted in 2017 that revenue generated for these sectors would increase from US$ 39 billion in 2017 to US$ 120 billion by 2020; marking 51% annual growth. No other country can boast this achievement!

India has one of the highest penetrations rates for online retail market segments, but customers are now showing greater preference towards purchasing other products through e-retail platforms – leading to an increase in products to meet customers’ various demands.

Retail and e-commerce industries face many obstacles in managing daily operations and clearing unpaid invoices, necessitating quick access to working capital. Invoice discounting provides quick relief by freeing up cash sitting in unpaid invoices – retailers and e-commerce alike need products from their suppliers, while suppliers often wait 30 to 90 days for payment; other hurdles could include upfront payment to sellers, delayed receivables, prolonged and delayed payment cycles, high overhead costs and operational inefficiency that might further complicate matters further.

What is invoice discounting?
Vendors or merchants that receive bills receivable from clients usually honour them after an agreed upon period, creating a time lag between delivery of goods and payments being received. To combat this situation, vendors can take their approved bill receivable to any participating bank or financial institution to get discounted or sell at a discount for cash up-front.

Invoice discounting is the process by which businesses leverage receivables to secure short-term funding needs. Small and midsized companies issue invoices against larger corporations (blue-chip companies), often for services provided or products supplied, to avoid delays. They bring these invoices directly to one of several invoice discounting service platforms where within 1-2 days they are converted into funds at a discount rate that varies based on risk analysis, market acceptability and tenure (typically 30-150 days).

How does invoice discounting benefit retail and e-commerce companies?

Invoice discounting services provide multiple advantages to retail and e-commerce industries.

Unlock trapped cash by clearing unpaid delivery invoices: Enjoy hassle-free working capital within 24-72 hours of clearing unpaid invoices, increase cash flow with no collateral policy, and keep inventories updated by making optimal use of unpaid invoices.

Manage Your Supply Chain Efficiently: By fulfilling orders quickly with access to working capital at all times and running an efficient supply chain from retailers to suppliers resulting in improved customer satisfaction, your supply chain should function at peak performance.

Use quick access to liquidity to accelerate business expansion: Increase orders through timely payments leading to more orders, which in turn increase sales resulting in business expansion, whilst simultaneously expanding your reach by connecting with larger retailers or online marketplaces that fulfil orders more efficiently.

How does invoice discounting work?
Retailer raises an invoice of the customer payable within 30 – 90 days

The unpaid invoices are uploaded on the Falcon Invoice Discounting platform post KYC and verification.

The retailer gets fund credited to the account within 24 – 72 hours.

How are invoices settled, and why is this necessary?
Deferred credit transactions have become an increasingly common way of conducting transactions. For instance, when businesses sell goods or provide services to their clients they often offer payment terms of 90-120 days as part of an invoice agreement. Businesses often outsource invoice payments to third-party financing companies that buy the accounts receivable from them. On acceptance, the finance company agrees to pay a specified percentage of the face value (often 80 percent) less interest charges for credit periods (such as 60 days). When customers make their payments, any balance due will be returned back to businesses by deducting a service fee and issued exchange vouchers in accordance with the Negotiable Instrument Act 1881.

An invoice discounting financing solution provides a way to bridge the credit gap between small and large enterprises by making it simpler for SME’s to access export finance without providing hard collateral or business financials as security.

Features and benefits of invoice discounting:
No collateral required. You just have to present the raised invoice to the lender.

The seller retains invoice ownership.
Get as financing of 90% of the invoice amount.

Get financing offline or online.
Financing amount’s quick disbursal.
Lenient eligibility criteria.
Low-interest rate.
.

Methods involved in invoice discounting:

With Recourse: Lending institutions conduct an intensive round of verification on the documents submitted by sellers and submit them for validation by their bank. If the bank determines that there has been a default on payment by either of them, they could become responsible for any potential debts owed by either of them.

Without Recourse: The lending institution does not conduct any verification on invoices and documents provided by sellers, nor do they check with their bank accounts.

What are the factors on which invoice discounting depend?
Company’s financial turnover.
Financing amount needed for the business.
Total amount of the invoices.
Business customer base.
Visibility of the business.
Why to prefer invoice discounting?

Invoice discounting provides businesses with the means to continue operating without worrying about cash constraints or lengthy loan applications. With this short-term financing solution, cash can be secured without collateral requirements; alleviating invoice backlog and providing you with extra funds for everyday business expenses. Customers don’t need to chase you for bill amounts any longer! Instead, let them manage their finances freely while still having enough money on hand for ongoing costs.

Does this financing method suit newly formed and small businesses?
Yes, lenders in the market welcome applications from newly formed small businesses and finance their invoices. Lenders take into consideration your current sales volume and potential for growth when considering whether to approve financing for your invoices.

Conclusion:
Falcon Invoice Discounting has made invoice discounting investment possible for individuals by providing multiple platforms to facilitate investment depending on risk and other considerations. Minimum investments vary with each platform and could start as low as Rs. 25,000 for minimum investments on some platforms. Invoice discounting platforms provide verified vendors and enterprises with investors seeking returns. Businesses use invoice discounting platforms to list unpaid invoices that need working capital, while investors provide instant cash assistance and then reap returns within 30-150 days of investment. Investors could include anyone from individuals living in India, HUFs/proprietorships registered in India, institutional investors like banks/NBFCs/other financial institutions as well as NRIs.