The document introduces the Rent.Grow.Own solution, which allows customers to rent equipment with the option to eventually own it. It provides benefits to both customers and vendors. For customers, it allows them to try equipment before owning, with simple weekly rent payments that are tax deductible. For vendors, it captures extra sales and increases the value of each sale through the rental program, while preserving their position in the used equipment market. The process involves pitching the rental solution to customers, submitting applications, scheduling equipment, sending agreements, and having GoGetta pay vendors upon delivery and handle returns.
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Mike Cardus' How Teams Work - Biggest Team Leader Meeting Mistake Mike Cardus
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Give members the chance to get to know one another, build trust, voice expectations and goals, establish credentials, discuss desired roles, raise concerns, etc…
This approach is viewed by some as waste of time instead of a necessary step in creating high performance.
When teams have problems later, everyone gets frustrated and things come to a halt.
Do you work hard for great hires only to have them leave after a few months? This presentation shares some of the important areas of onboarding a new hire to get them engaged from day one. These important onboarding milestones will prepare your new hire for success and a longer life with your company.
Speaking in a foreign language can be a challenge in and of itself—giving a presentation in a foreign language makes that challenge even more…. well, challenging. Whether you’re presenting to your classmates, your co-workers, or your community, you’ll want to practice a little harder than normal. These tips will help you perfect your presentation, leaving minds blown rather than tongues tied.
Creative financing solutions - Money Forum 2015FundThrough
Obtaining financing can be tough for Canadian Entrepreneurs, discover some of the alternative financing options for small businesses.
Evaluate the pros and cons of the four different financing options: personal loans, accounts receivable financing, merchant cash advances and leasing.
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2. Agenda
• What’s in it for you!
• Rent.Grow.Own Overview
• The Process
• The Partnership Agreement
• What’s in it for the customer?
• How to Sell Rent.Grow.Own
• Questions and Answers.
3. What’s in it for you?
• Capture extra sales
• A powerful sales tool
• Take the customer off the market
• Overcome the most common objections
• Increase the $ value of each sale
• Keep your top margins
• Go Reward Program
• Prompt Payment.
4. Who is GoGetta?
• A division of Silver Chef Ltd.
• Silver Chef Limited Story
• Started in 1986 – Publicly listed company
• We help people achieve their dreams
GoGetta keeps your clients options open
and preserves their cash to grow their business.
5. Rent.Grow.Own
Options!
1. Can purchase the equipment at anytime
75% rental rebate (ex GST) in the first 12 months
2. Return the equipment at the end of the 12 month agreement
3. Continue to rent – and the purchase price keeps getting lower
4. After 12 months, lower rent by 30% and own at end of 36 months.
6. Benefits to Customers
1. Try before you Own
2. Simple one page application form
3. Easy weekly rental repayments
4. Off Balance Sheet funding
5. Not locked into long term finance
6. Rental payments are 100% tax deductible.
8. Tools of the Trade
• The Application Form
• The Equipment Schedule
• Brochures
• GoGetta video
9. Vendor Partnership Agreement
• You partner with GoGetta to remarket used equipment
• 24 month commitment from time of sale
• You maintain control of the second hand market
• Equipment is returned to you and cleaned at our expense
• You have 90 days to remarket the asset.
10. Vendor Partnership Agreement
• Cost price to vendor is on a sliding scale…
– 0 to 18 months: 50% of original sale value
– 19 to 24 months: 35% of original sale value
– Beyond – Offer to remarket
• After 90 days you have 2 options:
1. Can purchase the asset for wholesale cost
2. Enter into a master rental agreement for the asset until the
asset is sold or re-rented
• Cost benefit analysis.
11. 1. Pitch the GoGetta Rental Solution
2. Submit application via the GoGetta Approval Centre
3. Submit equipment schedule
4. Rental Agreement sent to customer
5. GoGetta receives signed agreement and bond
6. GoGetta pays you prior to delivery
7. Customer pays rent 7 days from payment to you.
The Process
12. What’s in it for the customer?
• Keeps their Options open
• Better use of ‘Valuable Working Capital’
• Not locked into a long term contract
• House and other assets are not on the line
• Overcome budget timing issues - Overcome Cap Ex Budgets
• Doesn’t affect their ability to borrow.
13. Your Business…
• How would GoGetta fit?
• Who are your customers?
• What is the potential?
• Next steps.............
14. Conclusion
• A powerful selling tool
• Increase your sales
• Simplicity
• ‘Take the Fear out of Finance’
• Improve cash flow – prompt payment
• A commitment from GoGetta.
