Change is scary. Changes to a routine that you’ve had for years is daunting. Yet as infamously quoted by Heraclitus, “change is the only constant in life”. Companies must continue to evolve their routines and processes due to both internal and external forces. The prominent external forces driving change include remaining relevant and up to date with societal changes and expectations. In order to meet the demands of their customer, the company must be willing to make changes in order to accommodate their needs. Typically the changes made to the organization are structured to achieve desired external outcomes such as to bolster sales, distinguish themselves amongst competitors, and to establish expertise. Yet other changes made in the workplace are not just to benefit the external forces, but to benefit the internal factors such as work flow of the office, the employee’s performance, or the morale of the organization. Described below are the most common changes in the workplace that employees tend to struggle with, and tips on how to best tackle these changes.
GSG has an extremely diversified customer portfolio which includes customers of all sizes- from mom-and-pop shops to large universities. At GSG our foremost core value is to put Customers first, there are certain customers however that we have built an exceptionally strong relationship with, who we like to refer to as Major Accounts. A Major Account customer has a particular profile – it is a customer who sends in recurring equipment lease requests. In order to accommodate the influx of schedule requests, GSG utilizes a process for Major Accounts unlike other “one-off” schedules. This process is flexible and is adapted to fit the needs of each individual account, but the core of this process is relatively standard.
This very common phrase is not used commonly enough in the office. It is used when someone burps or two individuals cross paths, but are they used enough in the workplace? The current trend in office design is an open concept. Cubicles with 6ft. high walls are out, and pods are in. Offices don't have doors or if they do, they are made of glass, as is the remainder of the office. The best leaders want everyone to be part of the team. We are also in the midst of communal office space, such as WeWork.
A lttle while back we took a look at what the GSG team was reading, so now we have decided to ask them what they are listening to. While we would love to share our favorite music, we have focused on which podcasts we listen to. Podcasts are a great way to learn about something new, pass the time while commuting, or keep up on current events. We’ve interviewed some podcast connoisseurs from our office to get their take on the best podcasts out there, and why they suggest you tune in! Please take a look at what we have in our headphones, and we would love to hear what you have in yours!
Dialogue in the equipment finance industry is heating up on the topic of managed services, bundled payments and financing agreements tied to usage models. Some people call them consumption agreements, cost per use or managed solutions.
August 2, 2016- (New York, NY) GSG Financial LLC, a leading independent finance company, announced the addition of Frank Stellato as a member to the Sales team. Frank will be responsible for new lease originations within the office technology space while developing relationships with manufacturers, dealers, and end users. He will report to the Vice President of Sales, JP Nicoletta.
It doesn't matter if you've got an hour long commute on the train everyday, a long flight or some well deserved down time, there is always something to read. Despite how busy we have become, more of us than ever before are finding time to read. Deciding what to download or, if you're old school, actually pick up next, can be overwhelming.
After prospecting, selling, negotiating and closing a deal with your customer, the easy part should be getting their John Handcock on the lease contract. Unfortunately, legal technicalities and simple mistakes have a way of bogging down the process at the most pivotal moment. Seemingly innocent signing or dating errors can send you back to your (now frustrated) customer to have the forms recompleted. But short of craning over the lease package as each party signs, how can you make sure the job is done correctly? The questions may keep you awake at night:
Every year companies look forward to trade shows specific to their industry. It’s a time to strengthen current relationships, network for potential new business, and learn about upcoming trends. While these gatherings give your company the opportunity to market its name, the costs of attending any show can challenge the potential return on investment. Whether you’re attending or exhibiting an industry show, here are a few things to consider to ensure your experience is a successful one.
This year, the Financial Standards Accounting Board (FASB) has issued the final standards on lease accounting (ASU-2016-02). The biggest change is in how operating leases will be accounted for. In the past, operating leases appeared as a table of future payments in the company’s financial statement footnotes. Under the new guidelines, these operating leases will appear on the balance sheet as non-debt liabilities. The rules on whether to classify a contract as an operating lease or a finance lease are still the same. These rules will be implemented retroactively, so existing operating leases will need to be capitalized in the financials.