Author Archives: Joe Schmitz

About Joe Schmitz

Joe Schmitz has been involved in equipment leasing and finance for over two decades. Joe has a special area of expertise in the fitness industry, having placed funding in excess of 100 million dollars for small to medium sized health clubs, Joe has also funded general equipment projects throughout the United States. Currently one of approximately 200 Certified Lease Professionals (CLP) in the United States.

Economic Update

After my post yesterday the Commerce Dept. came out with new numbers that supported my conclusions. Specifically GDP stalled out in the second quarter of this year to a measley 1.5% growth.  The first quarter was updated to 2.0% (from 1.9%) … Continue reading

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Mid Year Economic Review

In December I offered my economic view of 2012. I thought this would be a good time to see how my prognostications were doing. The short answer is not so good.  Here is how it’s shaking out. Economy.  After last … Continue reading

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The 5 “R’s” – Results

A couple of posts ago, I spoke about the 5 R’s. The first was Relationships, today I thought I touch on “Results“. Look – if you’re in business you can’t determine results unless you measure them. So what needs to … Continue reading

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Would you survive the Shark Tank?

I confess, I love the show “Shark Tank”.  In it, 5 venture capitalists are pitched a variety of business ideas and are asked to invest in the business for a percentage of ownership.  The sharks ask questions of the investor … Continue reading

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5 Signs You’re Losing A Sale

Here’s an article that was referred to me by one of our banks.  The article is in Entreprenuer Magazine written by Jane Porter in Nov. 2011. http://www.entrepreneur.com/article/220689 Here are the 5 Signs 1.  If a client seems indifferent. 2. If there is … Continue reading

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2012 & Your Business

Recent economic indicators are looking positive. US stock markets are at with levels not seen since 2008 with the Dow flirting with 13,000. The US Labor Department said that seasonally adjusted new jobless claims is the lowest since March of 2008. … Continue reading

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The 5 “R’s” of business

I was reading a recent sales article and reminded on how much the details matter.  We forget the 5 R’s at our peril. They are Relationships, Results, Retention, Referrals and Revenue. For most businesses, Relationships are the understated part of … Continue reading

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Good Communication

I get business email tips from http://connect.manta.com. The one today said “don’t send emails when you’re angry“. While emails filter most emotions, especially humor; anger seems to come through even when you don’t mean for it to. So stand up, … Continue reading

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Joe’s Economic Predictions…

Having recovered from my tryptophan induced nap after Christmas, I’m ready to provide my 2011 review and predictions about the US economy for 2012. As always, once the tinfoil hat is off, I’ll disavow any wrong predictions made by the author (that … Continue reading

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Financing for businesses

I generally don’t use this forum to promote equipment leasing or our business but had some recent experiences I thought worth talking about. If you have a small business, there are other options than banks for financing.  Today banks cater to … Continue reading

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