Learning Business And Real Estate From Board Games (business coaching services)

August 28th, 2008 admin Posted in business |

By Victor Epand

There are many board games that teach you something; many games are designed to teach math skills, strategy, and spelling. Some give you the facts by having you answer a ton of trivia questions. Then there are those who teach players the concepts of buying real estate, running a business, renting their properties and banking. One such game is one of the most successful of its kind, Monopoly is known for teaching more than 750 million people how to manage their money and become more successful.

Other real estate genre games include the game called Rochester on Board; it is a game of real estate trading that teaches its player a concept of property trading. The board it self looks a lot like the Monopoly board and is played in almost the same way you would play that game.

For a major twist on your classic business and real estate board game players are also invited to check out the Anti Monopoly game, the twist is that players will get to choose from free enterprise or working towards getting a monopoly of their properties. In addition, it gives you real life legal problems that you must overcome before you can become the winner of this game. In this process you will be able to decide whether or not your competitor is charging fair market values or is he a monopolist and wants to have all of the properties and charge huge fees.

When you are playing real estate games, you will learn about developing the property in the game, by adding houses and hotels, you will also learn that you can charge rents and get direction from the bank like paying taxes. You learn buying strategies throughout these games, you learn when is the right time to buy a lot of property or when you should buy one monopoly and develop the property.

Another thing you learn about this type of game is how to develop alliances with the other players, they may hold some property, you may need then you will also learn about negotiating with the seller to sell you his or her property. In many of the variations of these games, you learn other concepts such as real estate trading and investments, where you learn the same negotiating skills and are played by those who enjoy being Wall Street tycoons. It give children the ability to learn something about what is happening in the world of real estate, also giving them counting skills, and memorization, that they will need in order to succeed in the world today.

Lastly real estate games are great family games that can be played by everyone in your household. These games also have a children friendly component that families find age appropriate for children who do have counting skills can learn to buy property, learn to be the banker, trade real estate and enjoy a fun time beating their parents at this game. When playing real estate board games make sure that children know all of the rules before they start playing the game.

Victor Epand is an expert consultant for board games, chess boards, and dungeons and dragons miniatures. You will find all these things and more if you visit business and real estate board games, chess boards, and dungeons and dragons miniatures.

What Lenders Check on Before Approving a Small Business Loan
By Irish Taylor

All lenders are concerned about getting paid back. Of course, no lender would risk his money to a borrower who is clearly incapable of repayment. The same principle applies to business loan lenders. Before granting approval for a small business loan, the lender would first make sure that the business has the potential to grow and stay profitable until the loan has been completely paid.

What are your chances of getting approved?

If you own a business and you plan on applying for a business loan, how can you increase your chances of getting approved? What can you do to avoid getting denied or rejected? Consider the following pointers:

Check your credit score. Lenders would be checking on your personal credit report especially if you havent yet established a separate credit history for your business. Do you have good credit or bad credit? Obviously, having a higher credit score would ensure your business loans approval. More importantly, an excellent credit gives you the power to negotiate with lenders and ask for better rates.

Is there a way to improve your credit score? Do you have existing balances in your credit card accounts? Why not pay off these balances first before submitting your loan application? If you have plans on applying for a business loan, avoid submitting various applications to different lenders at once too many inquiries in your credit report creates a negative impression to lenders.

Prepare your business plan. Lenders would carefully examine your business plan to see if your business is indeed capable of making it in the industry. Pay attention to the details you will include in your business plan. Any discrepancy with the information you provide can raise doubts to a prospective lender. Your business plan should be concise and complete.

Prepare your collateral. If youre going to apply for a secured business loan, be sure that you have your property title or assets ready for submission. Remember that if you have bad credit or a low credit score, applying for an unsecured business loan would be a waste of time. Unsecured business loan lenders often require good to excellent credit from its applicants. Therefore, your best bet to getting approved is to apply for a secured business loan.

Check the lenders requirements. To be sure that your application wont be denied, check your lenders qualifications. What particular paperwork do you need to submit? Does the lender require good credit or excellent credit? Would your credit score be enough to pass?

Register your business licenses. Obtain all the necessary business licenses and registrations required in your state. Lenders would want to make sure that you are operating your business legally and with permission from the government. If you havent yet secured your licenses, youre business loan application would most likely be rejected.

Check your business accounts. Lenders would also check on your business account statements, daily balance sheets, inventory and other accounting documents. Make sure that you have all these records or documentations on hand to speed up your application process.