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How a business advanced from $56,000 behind to $30,000 ahead and actually doubled its net worth in only 4 years. A U.D.C. case history: Advice Offered Result Eight years ago Harvie U.D.C. considered the Today Harvie’s company is in a > X was in deep financial water. circumstances and investigated strong financial position using . \ ‘ \ ( From a steady business before the. the business. The results showed normal overdraft facilities with V ■ L-gA war he had caught the crest that a substantial loan would his original bank. Harvie paid of the wave in the post war boom allow him to pay off his overdraft, back the loan in 5 years without and been carried along on its his creditors and give him the having to go to outside ' s '''' tide ever since. financial flexibility he needed to shareholders to do so. Harvie is - jgy With his success came a feeling complete his outstanding •> still his own boss. invincibility. Harvie several bold strokes had But a number of basic changes Find out how U.D.C. extended his company beyond to structure of his company- . „„„„„ * Um' were necessary.-These were: C3II put money IO WOFK W x for you -j® Problem Identified have many Harvie’s profits were good. 2 - Introduction of effective They have money available to many contracts were on help But Harvie was strapped for But actual finance is just part proven In order to his bank and administrative help. experience provides the method the The 556,000 he was faced with the modest advertising liquidation of his $150,000 programme. If you genuinely want company. 5. The introduction of a financial and advisory help At this stage he consulted U.D.C. proper costing system. mail the coupon or contact nrnvpd had > Harvie put these changes into U.D.C. to arrange for a proved himself a capable effect—budgets were prepared and confidential meeting with a marketing and producttort U.D.C. advanced $lOO,OOO. eeting With a » manager, this was the first time he representative. had ever sought financial advice. There is no obligation. to be the The ■ JB •••••••••••••••••••••••••••••••••••••• This is a factual case history from our files. Only identity ■, of the company and its management have been changed. W. united dominions corporation finance limited, WB W >BawJOWBB"Iw Kington. >■ ■ BB Please have your nearest, representative telephone for an UNITED DOMINIONS CORPORATION FINANCE LIMITED NAME H H 1 ADDRESS ■ .■ TELEPHONE No ’ B •••••••••••••••••••••••••••••••••••••it tB w«4ia

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19680415.2.66.1

Bibliographic details

Press, Volume CVIII, Issue 31654, 15 April 1968, Page 7

Word Count
633

Page 7 Advertisements Column 1 Press, Volume CVIII, Issue 31654, 15 April 1968, Page 7

Page 7 Advertisements Column 1 Press, Volume CVIII, Issue 31654, 15 April 1968, Page 7