Tag: Canada

World Financial Group Overview

If you’re searching into the World Financial Group home business opportunity, don’t join… at least, not before reading through this overview. In this short article overview, I will concentrate on World Financial Group background, the various services they market, their compensation plan and, whether or not WFG is a fraud.

World Financial Group, is based out of Georgia and was started in 1991 by Hubert Humphrey. Before starting WMA, Humphrey was the #1 Producer for A.L. Williams, now known as Primerica. When Art Williams sold the company to Sandy Weill, Humphrey decided to venture out on his own and start his own financial services direct sales company.

Currently, Hubert Humphrey is no longer associated with World Financial Group, which is now owned by AEGON, one of the world’s largest life insurance and pension groups. WFG markets various financial services, including life insurance coverage, investments and mortgage products though the multilevel marketing business model. Some of World Financial Group strategic partners include some big names in the financial services arena: Western Reserve Life, Pacific Life, Allianz, Transamerica, Nationwide, John Hancock, Hartford Life and Investment Advisors International.

At this moment, the company has a sales force of 85,000 life insurance licensed representatives, and is doing business in the United States and Canada. It’s said that the company recruits close to 10,000 new associates every single month, which is pretty amazing for a financial services-based direct sales company.

To sign up the company, there is a start-up price of $100 ($125 in Canada) plus any qualification costs that the state in which you live charges. More or less, it will probably total anywhere between $500-$1,000 for all your licenses, and about 20-40 hours of certification time. Unlike other multi-level marketing businesses that enable you in making money the minute you join, WFG demands it’s reps to get licensed before they can get paid. And, while this might look like a negative point to some individuals, keep in mind that because you’re dealing with financial products, you must be certified. The great news is that you can make some pretty nice commissions, to the tune of $500-$1,000 for one sale, as soon as your able to write business.

Another aspect of World Financial Group’s pay plan is that even though there is a qualification process you and your team have to go through, you only need a few active producers to create big money. In fact, upon reviewing the compensation plan, it pretty impressive that you only need about 15-25 active producers to produce $150,000-$250,000 a year. Now, clearly you will need to recruit much more than 25 people to get 25 producers, especially since only a few will actually get licensed, and of those who actually get licensed, only a few will produce. Even still… building 25 producers, who sell Two or three products monthly, is a lot more do-able than building a team of 15,000 to 20,000 reps.

There are a ton of incentives in the compensation plan including various trips, a Mercedes Benz, a Role, Rings you get for going over $100,000 a year in income and a variety of bonuses you can earn.

With that said, you do have to be aware of all the fees you can incur for building your WFG business. Besides the licensing costs I mentioned earlier, there are costs to do other lines of business, especially if that line of business requires a state license. There’s also E&O Insurance (Malpractice insurance for financial representatives) that will amount to close to $100 per month. You may also get state fees to do business in other states. If you’re serious about building a financial services organization with WFG, then don’t get too caught up with these fees. After all, if you were to begin a traditional financial services firm, you would easily pay much, much more than this.

In summary, WFG is a legit business. It is absolutely not a rip-off. If you put in the effort and time, you can build a strong business that can potentially pay you multiple 6-figures a year. With that said, simply joining WFG does not mean you are guaranteed success.

At the end of the day, your ability to succeed will depend on whether or not you can brand yourself and generate an never-ending flow of leads. It is important, if you are serious, that you receive the coaching you need to help you sponsor 10-20 new people a month into your team.

Without knowing how to produce leads, even though WFG is a great opportunity. However you will be leaving a lot of money on the table if you don’t have an automatic system to generate leads for your WFG Business.

Learn more on how to generate more leads for your WFG Business Here.

Learn more on how to generate more leads for your WFG Business Here.

You Can Find The Original Post On How To Sponsor More World Financial Group Reps And Acquire More Customers Here

July, 25, 2014: Company Profiles and Conferences presents a Company Report on “Hunting PLC (HTG) – Financial and Strategic SWOT Analysis Review”, who helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

Hunting PLC (HTG) – Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the companys businesses and operations. The profile is bring to you a clear and an unbiased view of the companys key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

– Business description A detailed description of the companys operations and business divisions.
– Corporate strategy Analysts summarization of the companys business strategy.
– SWOT Analysis A detailed analysis of the companys strengths, weakness, opportunities and threats.
– Company history Progression of key events associated with the company.
– Major products and services A list of major products, services and brands of the company.
– Key competitors A list of key competitors to the company.
– Key employees A list of the key executives of the company.
– Executive biographies A brief summary of the executives employment history.
– Key operational heads A list of personnel heading key departments/functions.
– Important locations and subsidiaries A list and contact details of key locations and subsidiaries of the company.
– Detailed financial ratios for the past five years The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
– Interim ratios for the last five interim periods The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

Hunting PLC (Hunting) is a provider of products and services to upstream global oil and gas companies. It manufactures and distributes products that enable the extraction of oil and gas. The companys services comprise well construction, well completion and well intervention; and the other activities consist of exploration and production and broking services to the shipping sector. It offers drilling tools, oil country tubular goods, completion accessories, thru-tubing, wireline and slickline among others. The company has operations in Canada, China, Hong Kong, Indonesia, Mexico, the Netherlands, Singapore, South Africa, Thailand, the UAE and the US.

Hunting PLC Key Recent Developments

May 12, 2014 Hunting: Payment of 2013 Final Dividend in Sterling
Mar 06, 2014 Hunting Announces Full Year Results
Aug 29, 2013 Hunting Half Year Results
Aug 29, 2013 Hunting Interim Results for the six months to 30 June 2013

As a network marketer, with almost 10 years of financial services experience, I’m often approached by World Financial Group representatives to take a look at their business. And, while I never became a WFG rep myself, I did do quite a bit of research on how they started, what they sell, how what their track record has been. If youre looking into the World Financial Group business opportunity, dont join at least, not until you read this review. In this short article review, I will highlight WFG’s background, the various services they market, their pay plan and, whether or not WFG is a scam.

World Financial Group, formerly known as World Marketing Alliance (WMA), is headquartered in Duluth, Georgia and was originally founded by Hubert Humphrey in 1991. Before starting WMA, Humphrey was the #1 Producer for A.L. Williams, now known as Primerica. After Art Williams sold his company to Sandy Weill and The Travelers Group, Humphrey decided it was time to start his own company.

Today, Hubert Humphrey is no longer part of the company and WFG is now a wholly owned subsidiary of Aegon, one of the worlds largest life insurance and pension groups, and a strong provider of investment products. WFG markets various financial services, including life insurance, investments and mortgage products though a multilevel marketing model. Several of World Financial Group’s industry partners include some big names including, Pacific Life, TransAmerica, John Hancock and Hartford Life.

As of this writing, the company has a sales force of 85,000 life insurance licensed representatives, and is doing business in the United States and Canada. Its rumored that the company recruits close to 10,000 new associates every single month, which is pretty impressive for a financial services-based direct sales company.

To join the company, there is a start-up cost of $100 ($125 in Canada) plus any licensing costs that the state in which you live charges. Give or take, it will probably total anywhere between $500-$1,000 for all your licenses, and about 20-40 hours of licensing time. Unlike other network marketing companies that allow you to make money the minute you join, WFG requires its reps to get licensed before they can get paid. And, while this might look like a negative point to some people, keep in mind that because youre dealing with financial products, you must be licensed. The cool thing is that, once you do get licensed, you can make some big commissions for simply writing sales.

Another aspect of WFGs compensation plan is that while there is a licensing requirement, and it will take a little longer to train people because youre dealing with financial products that may get complicated, you only need a handful of producers to make a good income. For example, you can potentially make a multiple six-figure annual income with just 25 active reps.Obviously, you will need to bring in a lot more than 25 people to get 25 people producing, especially because only a small percentage of recruits will get licnesed, and from those that get licensed, only a handful will actually produce. Even still… building 25 producers, who sell 2 or 3 products monthly, is a lot more do-able than building a team of 15,000 to 20,000 reps.

Lastly, there are several other incentives in place including: Contests and trips, a Luxury Car Program, Superbowl Rings and stock incentives you can earn for building a strong business.

With that said, you do have to be aware of all the fees you can incur for building your WFG business. Besides the licensing costs I mentioned earlier, there are costs to do other lines of business, especially if that line of business requires a state license. Theres also E&O Insurance (Malpractice insurance for financial representatives) that will run you close to $100 a month. Also, may be some fee to do business in other states, depending on what products you plan on selling in those states. If youre serious about building a financial services organization with WFG, then dont get too caught up with these fees. After all, if you were to start a traditional financial services firm, you would easily pay much, much more than this.

In closing, World Financial Group (WFG) is definitely not a scam. It may not be for everyone, but it is clearly not a scam. If you put in the time and effort, you can actually build a very lucrative business and make a multiple six-figure income a year.With that said, simply joining WFG does not mean you are guaranteed success. The only thing WFG gives you is a chance to build a business.Ultimately, your success will rely on your ability to brand yourself, market and generate more leads than you can get to. Its extremely vital, if youre serious, to obtain the knowledge and skills that will allow you to personally sponsor 10-20 reps a month. Without knowing how to generate leads, even though WFG is a great opportunity, you will be dead in the water.

July, 31, 2014 : Company Profiles and Conferences presents a Company Report on “Aecon Group Inc. (ARE) – Financial and Strategic SWOT Analysis Review”, which helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

Aecon Group Inc. (ARE) – Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the companys businesses and operations. The profile is bring to you a clear and an unbiased view of the companys key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

– Business description A detailed description of the companys operations and business divisions.
– Corporate strategy Analysts summarization of the companys business strategy.
– SWOT Analysis A detailed analysis of the companys strengths, weakness, opportunities and threats.
– Company history Progression of key events associated with the company.
– Major products and services A list of major products, services and brands of the company.
– Key competitors A list of key competitors to the company.
– Key employees A list of the key executives of the company.
– Executive biographies A brief summary of the executives employment history.
– Key operational heads A list of personnel heading key departments/functions.
– Important locations and subsidiaries A list and contact details of key locations and subsidiaries of the company.
– Detailed financial ratios for the past five years The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
– Interim ratios for the last five interim periods The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

Aecon Group Inc. (Aecon) is a provider of construction and infrastructure development services to the private and public sectors in Canada and internationally. The company constructs roads and highways, tunnels, hydroelectric power projects and dams, bridges, airports and marine facilities. It also offers construction and installation services for utility distribution systems, water and sewer mains, telecommunications and electrical networks, and highway lighting and signals. In addition, the company focuses on industrial construction and fabrication services, and develops, finances and operates heavy infrastructure projects.

Aecon Group Inc. Key Recent Developments

Aug 13, 2013: Aecon reports second quarter 2013 results