by honestr » Mon Jan 14, 2008 03:38 am
Can anyone out there tell me how claims adjusters are paid? Are they on a salary, paid by the hour or paid a percentage of the claim they adjusted or a combination of the said above?
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School is back in for Canada's internet marketers as the dragons return to the den, accompanied by a new dragon. once a week, The pecuniary Post revisits CBC's previous week's episode of Dragons' Den. Mary Teresa Bitti captures what the cameras didn't and in the act provides a case study for readers, Zeroing in on what pitchers and dragons were thinking and what the difficulties for the deal are going forward.
The pitch couple entrepreneurs Paul Baker and Marilyn Berrys launched Event Water Solutions in January 2010, having Orillia, Ont. And haven peered back. mister. Baker also owns The Water Store where for nine years he has sold water rehab systems, Water softeners, cure osmosis water and iron filters and refills for 18 litre water jugs. regarding 2009, Aaron Howes, Director of greening for the Mariposa Folk celebration, approached Mr. Baker to the actual festival bottledwater free. mister. Baker bought another water fill table, much like the one in his store, Had his plumber install a water pool filter and the water station was born.
At the Mariposa Folk competition, They hooked it up to a city and county water supply and poured enough water to fill 14,000 bottles. Was a huge success, mister. Baker replies. beyond year, The grounds were plagued by some 15,000 nasty water bottles. operating in 2009, there were only 24 bottles. not only this the system works, It the massive response we get from the crowd, speaks Mr. Baker, Who duplicated the system at the Ottawa Folk Festival. He made the tradeshow rounds and built 10 more water gas stations to service the G20 Media Centre in Toronto and Canada Day events on Parliament Hill in Ottawa in 2010. Next, mr. Baker landed the Lollapalooza happening in Chicago keeping 180,000 water bottles out of landfills during the three days.
Three events on our resum let event promoters know we were a serious company and we knew what we were doing. We were getting perfect feed back. Not just from the causes but social media and the press. Lollapalooza, The company incorporated in the states and signed on with a production company called Insomniac. would do 12 events for them this year, since Electric Daisy Carnival in Las Vegas, Our single largest event thus far, mister. Baker states.
Event Water Solutions has warehousing factories in Orillia, carolina and Texas and plans for Florida and the Midwest. until now, They have 32 Water Stations produced in Orillia at a cost of about $10,000 each and every single. inside the first year, money hit $125,000 and are to normal to exceed $350,000.
mister. Baker has his landscapes set on Brazil, Argentina and Chile and finally Europe. He also has plans to set up a marketing business model. system is a feel good system, Everyone increases the service and it a great avenue for a third party to sponsor us and get their message out there at a grass roots level. We offer companies a one to one marketing engagement. It a win win win. struggle Mr. Baker and Ms. Berrys called for $100,000 for a 20% fairness stake. the happy couple struck a deal with all five dragons on air. The terms of the deal are still being negotiated because of the company growing success and revenues (It pitched and landed the Canadian Open this summer), And a competing offer from an outside party is available. stay tuned.
So far the pair have been financing it all his or her selves. Dragon Den we invested beyond the $100,000 we sought after. We sold an ongoing revenue property and used the proceeds to finance building more units. the main city cost has been hefty. Our income are strong but we get into cash crunches when events take 30 to 60 days to pay. Dragons' mindset smart on a bunch of levels, relates Arlene Dickinson, President of Venture phone calls Ltd. cuts down on waste at the events. It uses the prevailing water supply and it great advertising because you can advertise on the bottles and the station. They are smart workers. We were all amazed. All of the dragons are very keen on it.
Up with the pace of rapid growth is where they supposed to struggle. They need some system support to round out their team, She develops. Their potential is huge when you think of all the events going on across North America. It a kind of ideas where you think wow, Why hasn someone carried this out? The challenge will most likely making sure they own the big events. It not like it out of the to copy. when they can nail the contracts down, Then they own the relationship with the event organizers who know they have a track record and can deliver. Was a reason absolutely everyone liked the pitch clearly on trend, Says new monster Bruce Croxon, Co founder of online dating service Lavalife and an investor in early stage technology and health and fitness companies. Company that comes up with an essential service that is presented in an kind to the environment way is bang on trend. The pitch showed there's demand and orders in the bank. the item was ringing. It hard not to get ecstatic. As an angel investor, You like to see that they wanted the funds to build on their success and do more of the same rather than go off and roll the dice and do something differing. all together, They were already related to building their brand. Anybody can put a water tank on wheels but they really saw hazards to move beyond that. Expert's point of view Chris Van Staveren, companion, operation latino lady service, KPMG institution Services, Has one key challenge: Do they get enough volume of events in a certain area to make it worthwhile? If each water place is $10,000, How many events do they want to do to recover that capital cost? And how rapid can they recover those costs? It should be in a very short interval. the great thing is they are getting requests for bookings. every business where the phone is ringing without advertising is a good business model. And I 100% behind is an excellent it becoming a marketing media company. As for a move into south america, he states, usa market is huge. whereby you constantly to crush these markets. You have big chance make the machines efficient and generate the profit.
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