Tips For Building A Booming Towing Business

Deciding when to start a business could be one of the challenging decisions for entrepreneurs. For several people, it’s a decision between a typical 9-5 business routine with the risk of exhaustion vs. becoming a businessperson too soon before you’ve had enough hands-on experience.

Don’t sacrifice fairness

Successful entrepreneurs say often, “The first million is eternally the hardest.” It’s true, however, today’s technology can certainly help. In today’s digital age, a businessperson can launch an exceptional san jose towing service online and quickly become profitable. This is especially true when using the right marketing and social media channels to build a loyal customer base and brand following.

Don’t start a new business unless you know you have the drive and funds to make it through third year. And don’t give up your commitment to your own business just to keep the lights on.

Build momentum

By definition, if you are an entrepreneur, you are likely to have some flaws. That’s the norm. But refresh yourself quickly and don’t let it define you. Learn from mistakes and then apply the lessons to your next venture. Try to construct optimistic momentum. Just like sports or even betting, business experiences momentum shifts when the stars seem to line up for you. Staying focused and maintaining a high level of confidence is an important part of building and maintaining positive momentum. Confidence and positive energy will also inspire your team.

san jose towing

Delegate as you develop

The goal of entrepreneurship is to work for yourself. In addition, you create careers, jobs, and livelihoods for others. Once you create a new job, you need to train someone and assign them to do it. If you do it all, you’re wasting your own skills and time that you should focus on generating new revenue streams for your growing business.

Entrusting roles and responsibilities to others gives you the time you need to generate new business and new sources of income. You can’t do everything. Scaling a company will be a big challenge if the founder micromanages it or tries to do all the work himself. Learn how to coach others effectively and the art of delegating, and you will be successful. As a business founder, you need time to work on strategic priorities such as profitability, marketing, cost management, recruiting, employee retention and communications. Remember, you lead projects and also people. Successful businesspersons know the difference.

Global Currency Trading on Forex for Startups

Foreign exchange is a claim for payment in a foreign currency – mostly in the form of credit balances on accounts with foreign banks or as other foreign currency claims. Cash in foreign currency that is in circulation outside the country of origin is referred to as denominations. In general usage, however, a distinction is often not made between currencies and varieties. Here “forex” generally stands for money in a foreign currency.

Global currency trading on Forex
Foreign exchange is traded on the global foreign exchange market – also known as the Foreign Exchange Market or Forex for short. Currencies are exchanged on the foreign exchange market. With a daily trading volume of several trillion dollars, Forex is the largest global financial market. Trading no longer takes place on physical stock exchanges, but via electronic trading systems to which the market participants are directly connected. Important players in Forex are banks, large companies, private foreign exchange dealers, foreign exchange brokers, and trading houses, as well as the central banks – for example, the European Central Bank (ECB).

Private individuals do not have direct access to the market but have been able to participate in foreign exchange trading through high leverage brokers in the forex market for a number of years. This business is highly speculative. It takes place preferably via contracts for difference – CFDs – in order to benefit from the short-term exchange rate volatility. Chart technique and chart analysis play a major role. Professional foreign exchange trading is not purely speculative. This is often also about hedging against currency risks. Central bank actions on the foreign exchange market are usually motivated by monetary and currency policy.

Read also: 4 Reasons Why Forex Trading Is Like Starting A Business

Different types of foreign exchange transactions

The following types of foreign exchange transactions are distinguished:

  • Spot foreign exchange transactions: Buying and selling foreign exchange takes place at the spot rate with very real-time booking of the equivalent value (“real-time currency exchange”). One also speaks of spot transactions (“on the spot” = “on the spot”);
  • Forward foreign exchange transactions: buying and selling foreign exchange forward (in the future) at an exchange rate agreed today;
  • Currency swap transactions: Combination of a currency spot transaction and a currency forward transaction. Spot purchase and forward sale are swapped or vice versa.
  • Currency options: give the right (but not the obligation) to buy or sell currency at a specified price within a specified period or on a specified date.

The Central Role of the US Dollar

The US dollar is of central importance in global currency trading. It is still considered the most important reserve currency in the world. The six most traded currency pairs on Forex have the US dollar as a part. The currency pair US dollar/Euro achieves the greatest turnover. His share of Forex trading is between a quarter and a third. Other important exchange currencies are the Japanese yen, the British pound, the Canadian dollar, the Australian dollar, and the Swiss franc.

The exchange rate as the price of currency

The “price” of foreign exchange is the exchange rate. It expresses how much a unit of the domestic currency is worth in units of the foreign currency (volume quotation). An exchange rate of €1 = US$1.13 for the euro means that one euro is worth $1.13. The reverse quotation (price quotation) is also possible, but less common. In the example, it would be: 1 US$ = 1/1.13 = 0.884956 €.

In the case of international money transfers, financial institutions, online banks, and online payment services often do not use the “officially” calculated exchange rate, the so-called exchange rate, as a basis, but calculate premiums or discounts. These represent an indirect – because not obvious – fee.

There are various theories to explain exchange rates and exchange rate changes in floating currencies. Interest rate differences, different purchasing power, current account imbalances or different economic developments are then important factors that can be responsible for more fundamental exchange rate changes. In addition, there are always short-term influences.

The Ultimate Startup Guide to Creating Your Life Insurance Business

Everyone has their reservations when it comes to starting a business. Starting your own business and creating your own job at the same time? Even scarier. If you want to start your own business and also protect yourself, it would be a wise move to be in the life insurance business.

As a matter of fact, there are many different businesses that revolve around life insurance, such as being an advisor, broker or agent in this field or even starting your own agency.

If you’ve been a life insurance agent in Canada and want to start your own business, we’ll show you how to get started with it to create a new business venture around life insurance instead of working for one. Let’s dive in!

What is a Small Business Life Insurance Company?

A small business life insurance company is a company that offers life insurance as an investment rather than as a protection or savings vehicle. The insurance is usually term-based, which means it will expire after a certain amount of time.

Why Start a Small Business Life Insurance Company?

Life insurance is big business. In the United States alone, there are roughly $10 trillion in individual life insurance policies.

It is also a great way to protect yourself and your family in case something happens to you. Life insurance is also a great way to start your own business.

When you are an agent, broker or advisor at an existing insurance company, you will be limited to what products and services you can offer your customers.

How to Start a Small Business Life Insurance Company?

There are various kinds of policies for life insurance that you can find. But in order to start a small business life insurance company, the first thing that you have to do is to decide on what policies you wish to offer to your target market.

There are many different types of policies you can choose from, such as term life insurance, term life insurance with a cash-value option, whole life insurance, universal life insurance and more. You can also choose to offer a combination of policies.

After you have chosen the type of policies you want to offer, the next step is to get your insurance licenses. In most states, you will need a broker license and a sales agent license to start a small business life insurance company. These licenses will allow you to sell and issue policies to individuals.

How To Grow Small Wholesale Cabinet Business

Business development is a key goal for anyone starting a new business, especially in the early years. With the mostly big competition, this is easier said than done. While it’s good to have vision, there are many other things to consider as well.

wholesale cabinets

Proven strategies to help grow your wholesale cabinets business

Start with a business plan

Your business plan should consider your company’s short and long-term goals. It should also include financial information, an analysis of your target audience, and sales goals to be achieved. It’s worth taking the time to review this information regularly to see if you’re on the right track.

Defining all of your business goals is important so you know where your business is headed. It offers you some bias rather than just “going with the flow”. While this can be a good way of life, it is not always beneficial when it comes to your wholesale cabinets business development.

Ensure the satisfaction of your employees

Never underestimate the importance of your employees. By providing incentives, you can keep your employees positive and engaged. Enough vacation days, company cars or cell phones, and even free coffee and snacks are a good start.

Listen when employees raise important issues. Anonymous surveys or one-on-one interviews are a good way to find out how employees are feeling. The working environment should be pleasant, both in terms of atmosphere and comfort. For example, if your employees are out and about all day, you should provide them with a comfortable space to relax in during their break.

Watch out for new competitors

Keep an eye on your industry to discover new competitors who may introduce new developments. If a similar business opens up near you or online, find out exactly what it does, how it differs from your business, and if it offers something you don’t have.

By observing your competitors, you can find out where you need to improve in order to keep or win customers. For example, if you do not offer trendy treatments or services, you should consider training so that you can retain customers.

In addition, you will not lose customers because a competitor offers more than you. It always pays to keep up with the latest trends.

Keep evolving

One of the greatest opportunities for business development is not to get stuck in stagnation. What works in the first year may be obsolete in the years to come. So research innovations in your field to see if you can adopt them to keep your business interesting.

It is important for companies to keep up with the constant changes in their industries in order to remain interesting and competitive.

Basic SEO for Startups with Little or No Budget for Full Marketing Campaigns

New entrepreneurs need not be overwhelmed by the idea of practicing SEO especially if they still don’t have the budget to go full gear with SEO campaigns. Still, Search Engine Optimization (SEO) experts generally agree that even if startups currently don’t have the means to fully compete against other businesses, they should at least move in the right direction.

It would be best to start picking up on the following SEO approaches, focus on practicing them, test the results and then adjust their applications where and when necessary.

Make Sure Your Website is Mobile Responsive and Friendly

Most of the recent ecommerce surveys revealed that in the US alone, about a hundred million online shoppers own smartphones and tablets. In the last six months prior to February 2022, around 79% of American smartphone users are into purchasing online.

That being the case, the first thing that startup entrepreneurs must make sure of is that the design of their website is not only mobile responsive but also friendly. Responsive means your mobile web visitors must be able to view the content of your website in practically the same way that they appear in PCs. No text or image is too large to view on the screen of the tablet or smartphone. That is because the text and images automatically adjust to the screen size, including the buttons, so they will be clickable.

On the other hand, the website loads fast enough since most mobile users do research while on the go or while simultaneously performing another task.

Ensuring mobile responsiveness and friendliness is an important SEO strategy because Google’s algorithm gives priority to mobile responsive and friendly sites when ranking answers as top results.

Perform Keyword and Marketing Research by Focusing on What Your Closest Competitors are Using

Simply researching about the most popular keywords used in your niche is not enough. Since these keywords are so popular, you and your competitors are vying to get the search engine AI’s attention for the same keyword or phrase.

What SEO experts do is perform competitor research to find out which keywords to replicate whilst adding a specific description to make a difference Also, find out which keywords or phrases already work, apply and test them on your website but make sure your website has better content to offer. While the search engine bots will index your site as potential response to specific searches, Google’s AI will rank those with content that indicates authority or verifiable knowledge about the topic being searched.

Since competitor research eliminates guesswork to a certain degree, knowing where others have failed is likewise a good direction to work on. A Phoenix SEO company will suggest for you to find out from looking at feedback and reviews where your competitors succeed and where they fail. Then think of creative ways on how to top them up or to correct shortcomings.

Startups have to work from scratch but they should do so with a strong SEO foundation; making sure the basic features are incorporated during the web development stage.

Is Real Estate An Ideal Business

Real estate is the best investment opportunity for many people. It can be lucrative, and it’s never too late to invest in the property market. Visit housing market predictions 2022.

The opportunity to buy property has never been better for those looking for a return on investment and a way to grow their retirement funds.
Property investors often dream about the day they will be able to retire and live off the proceeds from their investments. The real estate market is changing, but that does not mean that there are no opportunities for investors with a knack for negotiating deals.

Do you want to invest in a business that is growing and will continue to grow in the future? There is no better option to do it other than investing in real estate.

Can you believe that investing in real estate has been one of the most common investment opportunities since people started using currency?
Real estate is an ideal business as it provides a high rate of return on investment when compared to other assets.

While risky and costly, real estate investments can be lucrative over the long term. Investors should also understand that there are limited investment opportunities available in this sector.

Many people who have never considered themselves businessmen or women have started investing in real estate as an alternative for other assets. In some cases investing in commercial property instead of stocks or bonds can produce higher returns.
The risk is that there is insufficient capital available for many potential investors (particularly new entrants).

Real estate is an investment business with a high potential for profits. A real estate investor purchases properties, renovate them, and sells them to others.

The significant advantage of buying a property as an investment is that there are tax deductions associated with this investment. The drawbacks include higher initial capital, more work, and the need for tenants to make it economically viable.

Underscoring the Main Differences Between Trading in Traditional Investment Products and Bitcoins

Despite the tumultuous trading markets, bitcoin prices surged to $19,864 as the new all time high, since institutional investors are now into buying bitcoins. While many bitcoin owners are up on their toes waiting for trading signals on whether it’s time to buy or sell, some financial traders are voicing caution when it comes to cryptocurrency investing.

Trading on stocks and foreign currencies have not made as much headway as trading in cryptocurrencies have during the past months, and therefore not as encouraging. As it is, several well-known Wall Street hedge fund managers are now looking at bitcoins as viable products for long term investments. The rationale behind the optimism is that the U.S. Central Bank will continue to print money to fund the forthcoming emergency stimulus bills that could amount to as much as $3 trillion; giving bitcoin more room to grow and evolve.

Still, despite all the hype about bitcoin trading, which seems to be drawing a lot of interested investors, expert traders are giving advice about the differences between bitcoins and traditional investment products.

Bitcoin Remains Unaffected by Political and Economic Conditions

The first aspect that makes bitcoins appear more lucrative than stocks and foreign currencies is that cryptocurrencies are unaffected by political and economic conditions and their effects on global trade. This difference became evident when bitcoin prices surged as soon as businesses turned heavily to ecommerce and digital technology as new norms. The option of accepting payments in bitcoins comes with the prospect of realizing additional profits by selling the digital money at a higher value.

On the other hand, global trading of products and exchange of foreigh currencies hardly took off as the COVID-19 pandemic still pose as a formidable obstacle among many nations.

Nonetheless, there have been developments and progress in certain sectors and one way to get real time information about them is through trading signal providers. Although readers can find a number of these entities at Telegram’s Trading Signals Channel, we recommend a curated list of trading signal providers that can be found at this web address: https://altsignals.io

Cryptocurrency Market is More Vulnerable to Trading Manipulation Due to Lack of Regulatory Oversight

The main problem with cryptocurrencies like bitcoin is that they still lack regulatory oversight that can at least mitigate unfair trading schemes. Traditional stocks and bitcoins are both vulnerable to insider trading, where those who have first hand information about factors that can influence markets take advantage of their position.

Insider trading is often used not only to protect personal investments but also as a means to trade profitably; leaving those outside of the insider’s circle dealing with huge losses caused by “dump-and-pump” schemes.

However, the occurrence of insider trading in stock markets has been minimized, if not totally mitigated. Mainly because there are regulators that serve as watchdogs over unusual trading activities of company executives and board members as well as key stakeholders. The punishments for this violation include serving jail time in addition to payment of hefty fines and in some cases, retributions.

Have awareness that insider trading also occurs in cryptocurrency markets but rarely publicized. After all, even if there have been efforts to expose trading manipulations in cryptocurrency markets, no one is listening; much less taking action against those who take advantage of the privilege of having first hand information.

Opening a Business in another Country

Trying to open and run a business in your native country is tough and challenging already. So what more if you are about to do it in a foreign land? The challenge is just doubled, particularly if you are new to setting everything up. But don’t worry, the secret to succeed is to have thorough planning long before putting your hard-earned money and some accredit loan you get in your business. Effective budgeting and forethought help you to open your business wherever you are.

What to Do?

The nature of business you are opening and the country where you will be operating should work harmoniously. Your work experience and personal skills would be your guide in what kind of business to open. Thus, this ought to be the first thing you must secure. Knowing what kind of business to open can make it easier to choose which country to open it with.

Ideally, list down at least 3 to 5 countries you’re interested to open a business for. You have to do your research on each option to have assurance that your business’ service and/or product are needed. You may read the newspaper, search the web or go to a library to expand what you know.

For each country, it is preferable if you would go directly in checking the government website. There, you’re going to find sections regarding foreign business opportunities. As a matter of fact, there are numerous countries that are offering incentives when it comes to startups, especially if the service or product is not widely available.

Your To-Do List

Of course, since you will be a foreigner in that country, you need to familiarize yourself about a number of things similar to the following:

  • Immigration rules
  • Employment law
  • Taxation law and;
  • Financial regulation or the limit on money in and out of the country

It is vital that you acquire this information prior to opening a business in any country you wish. Again, most of the information that you need can be easily acquired from the government website.

Pay a Visit

Since this is a business, expect that you will be forking out money – lots of it. One of it is the fact that you have to visit the country of your choice and its location to do more research. Stay there for a couple of weeks at least. You should be sure that your business will prosper and serve its audience well. Remember, your consumers will be the life and blood of your business so there should be some.

Bitcoin Cryptocurrency In Business

You can associate any investment in cryptocurrencies with a considerable additional risk in addition to the price risk. If potential leverage effects in speculative products and unplanned price outliers come together, you can ruin yourself in a flash and completely when speculating on crypto exchange rates.

How serious are cryptocurrencies?

The seriousness and motivation of the advocates and users of cryptocurrencies are extremely ambivalent. Light and shadow are close together and sometimes blur. That is why the media and decision-makers have such a hard time with the moral and consequently legal assessment of cryptocurrencies.

Bitcoin Immediate software: Are cryptocurrencies useful for your business?

Even if currencies such as Bitcoin continue to regularly multiply their value against the US dollar in the coming months and years, you should only work with this if you delve extremely deeply into the topic. You can work with Bitcoin if you can control risks. This is especially true if larger amounts are to remain in digital wallets over a longer period of time in the form of cryptocurrencies.

Bitcoin Immediate software: Without wanting to demonize cryptocurrencies

Bitcoin Immediate software

From today’s perspective, there is much to be said against working with cryptocurrencies in business, whether as an accepted means of payment or as a speculative position. There are numerous other risks of a total loss, such as technical failure of the decentralized infrastructure or large-scale attacks on cryptocurrencies, which are also possible. Your own mistakes in dealing with crypto technology like Bitcoin Immediate software also lead directly to total loss, such as misplacing your own secret crypto key.

In addition, authorities are eyeing the existing cryptocurrencies with a critical eye. Aren’t they ideal tools for ideal activities, for concealing transactions, ultimately for money laundering? The answer to this question is not necessarily yes, but it cannot be answered in the negative either.

Therefore, you should expect, at least in the back of your mind, that you will be more on the radar of authorities and investigators if you publicly embrace cryptocurrencies, for example by accepting them as a means of payment in your online shop.

In principle, you have every right to accept Bitcoin & others as a digital currency. But in this case, find an affiliated tax advisor and document everything more than precisely in order to be able to give the right answers to queries from the tax office.

Understanding a Startup Company

A startup is a newly founded company that pursues an innovative and growth-oriented business model. This is preferably in the technology sector and in the digital economy.

Due to the high risk of default, startups are financed largely outside of banks. Sponsors are public development institutes, private investors and venture capital funds or companies.

rebate form

What is a startup?

A startup is a newly founded company that pursues an innovative business model with high growth potential. This distinguishes startups from “classic” business start-ups, for example, in crafts or freelance professions. However, the boundaries are fluid. “Startup” is not a fixed-term, sometimes it is only intended to indicate “modernity”, without the business model being really innovative and promising above-average growth. Some startups offer discounts and rebate programs to their clients.

A startup is new and untried

Many startups are active in the technology sector or in the digital economy. Possible business areas are e-commerce, financial technology, biotechnology, nanotechnology, software development, AI applications, big data, virtual and augmented reality and much more.

A typical feature of many startups is that there is only a rudimentary market for the intended offerings and it first has to be developed. Likewise, a mature business model often does not yet exist but has to be found. Some companies that copy existing technology-oriented or digital business models also refer to themselves as startups. The technology and possibly the market are then “new” at best.

Real risk finance

“Real” startups are characterized by a particularly high risk. On average, only one in ten startups can really get off to a flying start. More than 80 percent of start-ups are on the brink of collapse within three years. Around a third of startup founders have previously failed with another startup project. The main reasons for failure are that the business model is unsustainable, conflicts in the founding team, financing and liquidity problems.

Because of the high risk, startups often have no access to the usual bank financing. If – which is usually the case – the necessary start-up capital cannot be provided from your own funds alone, external help is required. The capital then often comes from private investors – including business angels who, in addition to the capital investment, provide advice and support. There are also some public funding programs that support startup funding. In addition, private venture capital funds and companies are involved in financing.

4 Reasons Why Forex Trading Is Like Starting A Business

Forex Trading

 

For some, Forex trading is truly a full-time business – and one which will truly make someone rich. Basically, if you’re trading on 海外FXおすすめ (recommended Forex overseas) with the most effective forex brokers and manage your risks and your capital properly, you’ll make a real business out of Forex trading.

One of the most and most vital arguments to support this claim is the undeniable fact that one must treat trading as seriously a business irrespective of what it actually is to you. Whether or not you’re a beginner trader, you want to still study Forex trading as you’d look at a business that will go bankrupt!

1. It Provides Free Leverage

Anyone who would attempt to borrow tens or many thousands of dollars without a clean log or proof of past reliability would probably not be very successful. The identical applies to businesses. One may have minimal capital and a few basic ideas, but nobody will fund them right off the bat without some convincing.

Forex trading will be considered a business because it provides leverage. It allows you, the trader, to massively increase your borrowing power as it acts like an already established and reputed business. Be careful, however, as major financial risks are translated from increased borrowing power.

2. Decreased Downside Risk

Both traditional businesses and Forex trading include downside risk. This suggests that you just stand to lose what you’ve got invested and, in some cases, even go into debt.

Luckily, significantly decreased downside risk is what Forex trading comes with. In fact, it comes with one in every of the most effective downside risk characteristics within the market. Namely, traders can’t lose quite what they need to be invested, in unless they create some really bad decisions.

 

ALSO READ: Opening An Offshore Foreign Exchange Account

 

3. Massive Flexibility

Forex trading is taken into account by many to be the right business. Well, the subsequent is one in every of the most reasons why this can be.

Unlike the same old brick & mortar businesses, Forex trading has enough room for flexibility. If you don’t sort of a certain currency pair or desire its profitability has run out, you’ll be able to simply change your niche, so to talk.

Obviously, you can’t do the identical with an actual business. Moreover, you’ll be able to even change your broker if you discover that you simply really don’t like something. Then, after a fast search of the highest forex brokers online, you’ll retreat to within the business.

4. No Inventory/Staff, No Problem

Some people like to manage staff and inventory – but others really don’t enjoy that side of the business. The latter can just join the globe of Forex trading and begin their trading business, and chuck having to house inventory and staff – forever.

This also implies that there’ll be no paychecks handy out nor any issues associated with inventory or HR. The sole product or equipment that a trader has got to manage is their computer, laptop, or the smartphone that they trade from.

The Bottom Line

As you’ll be able to see, there are quite a few reasons why Forex is often considered not only a real business but the simplest business model out there. It provides leverage, flexibility, less risk overall, still as scalability.

Ultimately, the simplest thing about trading, in general, is the indisputable fact that it’ll never die. Regardless of age or trends, trading will always be one of the most actions that move the markets around the world.

 

Loan Calculator: Finding Low-Cost Financing

Anyone who wants to start a company usually needs money. And if business operations start successfully, as a growing company you will quickly need fresh capital in order to be able to further expand your core business.

Loan Calculator: Compare the loan offers from the house and direct banks through

Loan Calculator

Your house bank has long set the tone when it comes to lending. However, direct banks that can only be reached via the Internet or by telephone and that do not have an expensive branch network are on the advance.

The cost advantage is also reflected in the conditions for your corporate loan. A fact that you as a company should take advantage of. Even small differences in interest rates have an effect, especially with higher investment sums with longer-term terms.

Loan Calculator: Do not be blinded by general calculation examples with a corporate loan

As an entrepreneur, you should not be blinded by representative calculation examples that you come across when looking for a company loan. They are part of the offers for the private customer sector. Use Loan Calculator before taking any company loan.

Loan Calculator: Strengthen your negotiating position on corporate loans with the help of sales figures and collateral

Sales figures and securities strengthen your negotiating position. For the loan interview, sales data, balance sheets and income-surplus-calculation are essential. What exactly is suitable for your situation depends on the investment project. As a founder, profitability and sales forecasts are important in addition to the actual business plan or business idea. As a well-established company, the business deals of the last few years should be on the table. When applying for your corporate loan, you can pull assets and ancillary income out of your sleeve as a trump card. Strengthen your negotiating position with this additional collateral.

Loan Calculator: As a company, improve your creditworthiness

Banks do not give away any money. They expect something in return for the company loan and not only link the decision to finance the business to your creditworthiness. The higher the risk of default on a loan, the deeper you as an entrepreneur will have to dig into your pockets when it comes to the interest and thus the cost of the loan. But there are ways and means of improving your creditworthiness.

A Good Business Started with Good Planning

When you start a business, you often have to spend money on stuff or training that you need to start your business. This is a leap of faith because you already spend money before you even sent out your first invoice. But, as the well-known proverb goes, ‘the cost outweighs the benefit’. Business investments pay for themselves in the long run. For example, you may need a good laptop, a new desk, or a machine to manufacture something. These operating costs affect your income tax. You can usually (partially) deduct them from your profits and this can ensure that you have to pay less tax. By planning this well, you can make optimal use of the tax rules and benefits. By the way, visit this page for some information

Ordinary costs and investments

When you spend money on your business as a freelancer, a distinction is made between ‘normal’ operating costs and investments. For example, printing paper, a box of pens, or a conversation with a coach or advisor are not seen as an investment, but a laptop or sewing machine is. Here you can see exactly what the tax authorities consider to be ‘normal’ business expenses. The difference between ordinary costs and investments lies in the value, nature, and lifespan of what you purchase. In this article, we will focus specifically on investments.

What exactly is an investment?

According to the tax authorities, investments are all purchases of goods or products that have a value of €450 (excluding VAT) [i] or more. In addition, there is an investment if your purchase lasts for several years and the purchase must directly contribute to the turnover of your company. We refer to all purchases that meet these criteria as “assets.”

Investing in your business

Almost every self-employed person needs a laptop

Investment Plan for your company

As an entrepreneur, it is smart to make an investment plan. The investment plan provides an overview of what you need to get your business off the ground and what it will cost. In this plan, you can also estimate how long you expect the investments to last. It is not only nice for yourself to have everything in order, but it also offers you insight into which you can make optimal use of all tax schemes.

Investment deductions

Investing is good for the economy and is therefore stimulated by the government. Still, novice entrepreneurs are often reluctant to spend large amounts of money before money has come in. That makes sense because the step to start for yourself is exciting enough in itself. To encourage entrepreneurs to invest, the government has therefore created various incentives. Think of a discount on your income tax or corporate tax.

Small-scale

investment deduction (KIA) If you invest more than €2,300 in business assets as a freelancer, you may be entitled to the KIA (small-scale investment deduction). The amount by which your profit is reduced depends on the size of the investment. Please note, not all purchases you make for your company are eligible for the KIA. Examples of business assets that do qualify for this deduction are a laptop or tablet, a mobile phone, and office furniture.

Environmentally friendly assets

invest in environmentally friendly assets? Then you may qualify for the MIA (environmental investment deduction) or the Vail (arbitrary depreciation of environmental investments). Here too, the investment amount must be at least €2,300, and the investment must be eligible for investment deduction. An additional condition is that the asset must be on the environmental list. In addition, you must register the investment in advance.

Energy Investment Allowance (EIA)

The business asset must then be eligible for the investment deduction and must be on the energy list of the Netherlands Enterprise Agency. You can submit an annual proposal for new business assets.

Depreciation of investments

The ‘normal’ costs that you incur for your company can be deducted from your profit in the year of purchase. This is not allowed with investments. You have to deduct the costs over several years. We call this ‘depreciation’. You then reserve a part of the profit every year for the moment that the business asset has to be replaced.

Do investments affect VAT?

Investments do not affect VAT. After all, you can set off and reclaim the VAT if you have provided services that are taxed with VAT. When you make an investment, you do not have to take VAT into account.

Investing is lucrative

Investing in company assets can provide tax benefits. These resources must then meet all kinds of criteria set by the government. It is therefore important that you have a clear investment plan in advance and that you are aware of the options you have. We hope this article has at least helped you a little further. If you have any questions or need help drawing up an investment plan, we can of course help you with this.

Startups and Small Businesses

business-startup

Over and over again you hear this term from left to right: Startup! Too often we think of a small company type. But have you ever stopped for a moment and wondered, “What really is a startup?”

Is it simply a trendy expression for a quickly developing tech organization, or is there a genuine and significant contrast between what establishes a startup and what qualifies as a “small business”?

Truth be told, there is a genuine contrast between a small business and a start-up. We went through the specific definitions and today we give you genuine clues about them.

Why do startups talk so often about investors and stocks?

Small businesses and startups have one thing in common: the challenge of finding financing options. Because opening a coffee shop and running it successfully is often associated with considerable costs.

With traditional business models, founders often turn to traditional banks or online lenders. They carefully check that the risk is not too high, then offer principal amounts and charge interest on the financing. Small business founders often remain 100 percent shareholders in their business.

Startups tend to take a different approach. Since the risk is often significantly higher here, startup founders like to turn to venture capitalists or angel investors. Although they also carry out extensive review processes, they are prepared not to receive any guarantee of their financing when in doubt. In exchange for capital, the founders give their investors shares in the company so that they can recoup a multiple of their investment in the event of a subsequent sale.

When startups and small companies choose a path without external financing, they speak of the so-called “bootstrapping”.

And how is the future different for startups and small businesses?

startups are assumed to be temporary. If all goes well, the supplier of the product will be established. From time to time it is made public. In these successful cases, we speak of the so-called “unicorns”. Extremely rare exceptions, which nonetheless keep the motivation of many founders and investors high.

And even if they don’t fully explode, the business model can turn into a lucrative venture. Once the idea has been established, that is, tested, the old startups become permanent companies.

Of course, every entrepreneur has different intentions about what to expect from their company, but in general, all founders have the intention of starting self-sustaining and sustainable businesses. And that definitely includes a lot of joy, energy, and a little bit of luck to find out more.

Insurance Stocks As Profitable Asset For Investors

A life insurance policy is an agreement that you make with an insurance provider wherein the policy guarantees that your insurer pays an amount of money to the beneficiaries that you, the insured policyholder, have named in the policy upon your death. In exchange, you pay the premiums for a certain span of time during your lifetime.

There are various types of life insurance available to match the diverse needs and preferences of people interested in getting a life insurance plan. Life insurance premiums also varies from one insurance company to another. So it is crucial that you shop around and compare policies before making a decision.

Life Insurance For People Living With Cancer – Click Here

For people with cancer, it could be difficult to get approved for a life insurance. However, people with cancer do have life insurance coverage options, even with pre-existing conditions. The Insurance Surgery is one of the top experts in the industry that secures life insurance policy for people with Cancer – Click Here.

For more than a decade, The Insurance Surgery has been helping individuals with cancer secure a life insurance cover as well as travel insurance and other financial products that they might need. With their experience and their extensive knowledge on medical underwriting, they can definitely help you find the best cover that would meet your needs at the best possible price. Click Here to find out more.

Insurance Stocks As Profitable Asset For Investors

Many are disinterested in getting an Insurance. However, owning an insurance can be a good investment as this, in the long run, may provide you and your loved ones financial security as well as protect you and them from significant financial risk.

In terms of opportunities for trading, apart from it being a tool for risk management, insurance companies could also an asset to push revenue towards your trading portfolio. While investing in insurance stocks might not sound exciting, it could bring a private investor profit. Here a number of reasons why investing in insurance stocks will pay off:

Quick Growth

Health insurance often changes to go with the market demand as well as to keep pace with politics. Typically, with these changes comes growth in existing as well as new insurance companies.

Unique Prospects

Insurance companies comprise large network of, policies, coverage, as well as attorneys. This means that there are numerous opportunities for you to diversify your portfolio in this industry. Every prospect is unique and have their own set of advantages and disadvantages. So, it is crucial to assess several different kinds of insurance prior to making investment in order to be profitable.

High Potential For Profit

Insurance firms are designed to have a profitable output. Each year, insurers have millions of clients paying them from a few hundred to several thousands. Every claim raises insurance premiums, a good thing for the insurance company as well as investors. With every policy and increased premiums, both get bigger profits.

US Dept. of Trade Releases Report Indicating the Viability of Investing in Malaysia

The U.S. Dept. of State’s Investment Statements pertaining to Malaysia somehow explained the rationale behind the growing interests in Malaysian securities. The report describes how the Malaysian government, under the leadership of new Prime Minister Muhyiddin Yassin, has been carrying out its plans for the country’s economic recovery. Such plans include inviting more direct foreign investors to put up businesses in Malaysia, particularly in the fields of high technology asd research & development.

A Quick Look at Some of Malaysia’s Post-Lockdown Economic Recovery Plans

Specifically, Malaysian government officials are encouraging businesses focused on developing artificial intelligence software and designing Internet of Things (IoT) innovations that support smart cities, telecommunications, infrastructures and automation of manufacturing processes.

At the same time the Malaysian government has been launching initiatives in support of traditional business sectors such as oil and gas; financial services, tourism, palm oil and rubber, as well as wholesale and retail operations for various products, whether for terrestrial or e-commerce trade.

On the domestic front, the government led by PM Yassin has released a $60 billion stimulus package to fund measures aimed at protecting Malaysia’s citizens and businesses, against the detrimental effects of the COVID-19 lockdown period. The measures are deemed important in steering the nation toward economic recovery as they move forward into year 2021.

What are Direct Foreign Investments and How Do They Work?

Direct Foreign Investments (DFIs) are investing opportunities for major companies, since DFIs involve huge sums of money as a means to expand business operations in a foreign country like Malaysia.

Some other DFI opportunities are brokered by venture capitalists to institutional investors. The latter are large organizations who handle equity traded funds (ETFs) or mutual funds on behalf of multiple investors looking to grow their wealth without the need to participate as traders. The money placed as investments may be offered as capital funds to help a business organization, or an entrepreneur start up a proposed business that shows great potential for succeeding.

Can Retail Investors Trade in Malaysia’s Financial Markets?

Retail investors can also become foreign investors by buying stocks and bonds of publicly traded Malaysian companies. However, an investor cannot buy foreign shares of stocks directly from the domestic financial markets. Foreign investments are usually acquired by way of ETFs or Mutual Funds. Still, Malaysian fintechs were able to disrupt this approach by introducing online trading platforms that enable retail investors and day traders to buy Malaysia-issued shares of stocks.

Example of a Malaysian Online Trading Platform

Online trading platforms are proprietary in nature as they are operated by investment brokers who have direct access in the local financial markets. The great news is that the leading Malaysian broker and provider of online trading platform known as Rakuten Trade is available and accessible in the UK, U.S. and other Asian countries. This denotes that through the Rakuten Trade platform, retail investors can directly buy equity shares and other investment products directly from Malaysian financial markets.

Recently, Rakuten Trade announced that through its online trading platform, Malaysian investors will also be able to invest and trade in U.S. shares of stocks. While at first many had doubts if it was safe to use Rakuten’s Malaysia-based trading software, doubts over its integrity were quickly erased. Publishers of rakuten review Malaysia provide information that this fintech innovator has received multiple awards.

Rakuten Trade lays claim for having pioneered the operation of licensed online trading platforms in Malaysia. Since its inception in 2017 as a joint venture between Kenanga Investment Bank Berhad and Japan’s securities firm Rakuten, this fintech has been the recipient of numerous awards, including the “2018 Fintech Company of the Year.”

Getting Funding for Small Business

If there’s something you need to know about business financing, then it’s the fact that even successful ones needs it. Startups most specially are dealing with serious challenges with the startup cost as well as the ongoing expenses to keep their business alive.

Thinking to take on some debt is pretty common however, financing option will mostly depend on the type of business that you have. Factors may also include market opportunities, performance, position, age and its team among others. So, should you personalize your funding approach and search, following are some tips that may help you get through it.

Preparing for Your Small Business Funding

Just before everything else, it is best to be mindful of what’s real. So many business financing primarily depend on specific details presented. Realities can go on a case to case basis, depending on the resources, growth phase and several other factors. It is much like when trying to get the worth of your house from, there are several things that are taken into account like the location, condition and everything in between.

The same is with business as reviewers will be looking at the location, type of business, products offered, risk factors, potential rewards and so on.

Is Your Business a Startup or is it an Existing Business?

The general consensus for business funding is based on the different specifics of a business. For instance, numerous ongoing businesses have easy access to the standard business loans via traditional banks that is oftentimes not available to newly opened business. In addition to that, high-tech and high-growth startups have investment funding access. Likewise, it is not available to established and stable businesses with slow growth.

Developing or Refining Your Business Plan

On this matter, it doesn’t necessarily mean that you should not be concerned about your business plan. In fact, you should be. Business plans is an integral piece of the success of your business. This explains exactly how much money will be needed, where it has to be spent and on how much time it will take your business to earn it back.

So what investors do is look at the summary and pitch of the applicant. On the other hand, if you ever get into the screening, they will request for your business plan primarily for due diligence process. Even before it, throughout the early stages, they are expecting you to have business plan imposed in background for your personal use.

Tips on Investing not to be Disregarded

Gearing or borrowing helps in boosting your wealth accumulation. This is why there are some investors who have opted to borrow from https://www.frontline-collections.com/premier-debt-collection/private-debt-collection/ to get started in investing. Of course, this is after performing thorough consideration on all possible aspects of the investment.

Once you have the fund needed, you’d be able to purchase assets like shares or investment properties that you might not be able to get outright. On the other hand, borrowing to invest is sometimes deemed to be a risky strategy. If done hastily, it could lead to losing more money than what is initially invested.

Therefore, before you take out a share investment loan, it is imperative to ensure that you could service the associated cost of the loan which includes the repayment of principal amount of the loan. It is highly recommended to seek professional advice from a financial and tax expert. This way, you can discuss with them the potential benefits and risks of geared investing and enlighten you prior to coming up with a decision.

Borrowing to Invest in Shares

You may take out margin loan as a way to invest in shares. With margin loan, it lets you buy shares by paying just the fraction of cost of shares upfront. The lender on the other hand will be using your shares as a security for borrowed amount.

The cost of shares are moving often and you are risking loss if ever they fall in value. Normally, lenders are expressing the level of gearing by using LVR or Loan to Value Ratio, otherwise referred to as gearing ratio.

LVR is basically the value of the loan that is divided by total value of the shares. In the event that the value of shares have fallen to where the LVR exceeded the approved maximum amount, you might be required to repay parts of the loan or top-up on your loan collateral.

This is called as margin call and if it isn’t met within the given timeframe that is scheduled by the lender, then your shares might be sold by the lender in order to meet the margin obligations. If this happens, it means an automatic loss.

Managing the Associated Risks with Margin Loan

As a matter of fact, there are several strategies that can be used for risk management of margin loan like:

  • Setting borrowing limit that you’re comfortable repaying with
  • Making regular interest repayments to the loan to maintain the loan balance
  • Regularly check the LVR

Looking for the Best Car Deals? Make Haste as Great Financing Offers are Up

The way things are today, with the COVID-19 pandemic impacting the car selling industry as well, it’s the right time to buy that car your startup business needs. According to US News, there’s quite a number of manufacturers and car dealers that have come out with special financing offers due to the economic uncertainties wrought by the pandemic.

The US News Best Price program reported that auto manufacturers Buick and Chevrolet are offering zero percent (0%) interest rates, while Ford came out with a financing deal that gives qualifying car buyers up to six months to make their first installment payment. Still, even if the deals look enticing, it would be best to check out the terms and conditions particularly those appearing in fine print.

Actually, even before the coronavirus outbreak, some savvy car procurers who moonlight by buying and selling cars, had shared one of their best kept secrets. Perhaps as a way of explaining why they are able to sell cars at prices lower than those offered by established car dealers, they say they usually invest on a car during the month of December.

Based on their analysis, it’s the best time of the year because some car companies still need to meet their quotas or their sales target for the year in order to hit their annual revenue projection.

Why December is Touted as the Merry Month for Buying a Car

Be in the know that generally, accounting books close yearly by December 31. All financial reports, particularly the Income and Expense Statement a.k.a. Profit and Loss Statement will reflect the Net Income generated by a business for the current year. The ideal report is one where all figures reported, specifically the Earnings Before Interest, Taxes, Depreciation, and Amortization EBITDA), meet the company’s projections for the year.

The EBITDA being the measure of a business organization’s overall financial performance, after all important financial matters have been considered. In order to keep investors and creditors happy, car dealers for one, have to present financial reports that will not cast doubt on their ability to generate expected returns on investment (ROI) as well as on their capability to pay current and future loan amortizations.

Otherwise, car companies relying greatly on loans coming from money market investors and credit lines granted by banking institutions, could encounter difficulties in securing additional funds when needed. Moreover, the sales people are under great motivation to push car sales even beyond the projected goals, since the size of their year-end bonus largely depends on how much they contributed to the company’s sales for the year.

Speaking of bonuses, December is also the time of year when regular employees would have received or expect to receive their Christmas bonus. According to Cars.com, the last week of December records the highest figure in terms of incentive spending. TrueCar.com on the other hand, said that as much as 8.3% of the regular price of a new car could be taken off on car purchases made on December 31.

On the car insurance aspect, carinsurancesnearme.com gives advice to purchasers of a new car that car deals no matter how great, does not necessarily come with the best deal in insurance coverage. When buying a new car, you don’t have to sign the insurance contract being presented by the car dealer when signing the sales documents. Since you will become the new owner of the car, it’s your prerogative to know the kind of coverage, as well as the terms and conditions that come with the policy.

That being the case, know beforehand the car dealer’s insurance partner so you can make proper assessments on whether or not it’s the best car insurance deal available near you.

Startup companies: A brief introduction

Startups are young companies that are based on an innovative business model with high growth potential. They were usually only founded a few months or years ago, or they are still in the founding phase. Initially, they finance themselves with start-up capital and then look for additional sources of outside capital such as venture capital, fundraising, or business angels to expand. This applies to kiss918 when they start their business.

 

Start-up companies: young, innovative, and dynamic

“Start-Up” is more than just a buzzword. The young, innovative start-ups stand out from all companies in terms of products, services, and technologies used, but also in terms of their structures and growth strategies. Sometimes startups with disruptive business models manage to turn entire industries or branches of business inside out.

Startups often roll up emerging markets or create entirely new markets by introducing and optimizing scalable business models. As soon as their business models are mature and established, such companies are actually no longer startups. In many cases, however, they try to keep the typical “startup spirit” alive after they have established themselves on the market. In doing so, they rely on their original strengths such as flat hierarchies, high dynamics, creative freedom, flexible office solutions, etc.

 

What distinguishes start-ups from traditional companies?

Startup companies:

  • are younger than ten years old
  • are considered innovative in terms of product/service, business model, or technology used
  • aim for significant growth in sales and/or the number of employees

This means that startups clearly stand out from the majority of start-ups.

The imitators of successful business models in the high-tech sector are often mistakenly regarded as startups, although they usually lack their own innovative strength and it is difficult for them to catch up with the originator’s market lead.

Start-ups – also in franchising?

Franchisor businesses can emerge from startups. But at the latest from the franchise system structure, they can no longer be compared with start-up companies. The same goes for franchisees. When you set up your company, the business model is already mature, the processes standardized, and successfully tested on the market by the franchisor and other partners in the network. Financing is generally not carried out through risk capital, as tried and tested systems are trusted by institutional lenders.

SME Loan Singapore – The Right Loan Broker And Business Loan For Your Business Venture

In terms of taking out a business loan when starting a business, this idea could be met with diverse views and attitudes wherein they give their thoughts and stories as to what may transpire or materialize if you decide to get a business loan to begin or expand your startup.

Although there are those who have bad experiences when they took a business loan, it doesn’t mean there aren’t any good ones to look forward to. If your business and you as a business owner are ready to take that plunge to start or expand yet don’t have the financial resource to make it possible, it is good to consider getting a business loan.

Choosing The Right SME Loan Broker

There are a lot of products to choose from when it comes to business loans and it may be difficult for you to know which would match your needs. The right loan broker is who you need. SME Loan Singapore by avantconsulting.sg, for example, offer loan brokering services that will surely make your search for the right business loan much easier.

When you hire the services of an SME Loan broker by avantconsulting.sg, you will save much time and effort as they are directly in communication with bankers which means speedier loan application, approval and disbursement. Moreover, negotiating for a reasonable rate isn’t needed as they already straight up present the best reasonable rates they offer.

Why Consider A Business Loan

Provided that you hire the right business loan broker and make use of your business loan the right and smart way, it will be very much possible for you to start or grow your business venture. But apart from using a business loan as a working capital, there are other reasons as to why you should consider getting one. Below are a few:

For Purchasing Assets

As your sales increase and your business grows, you may require to purchase some assets, like new equipment or anything you might need for the expansion and growth of your business, to make certain this growth is sustained. Although you might have adequate funds to cover the operational costs of your business, getting a loan to purchase new business assets is a great way to make your business expansion possible.

To Consolidate or Restructure Debt

If there is a need for your company to restructure its debt, a loan that would consolidate all your business debts is an option. Not only will you reduce cost but also be able to manage your business finances much better as you only need to think of one loan to repay on a fixed schedule.

For Funding Business Growth

Getting funding for the growth or your business is crucial for your plans to be implemented. Whether it is to increase sales, fire more employees, add your services or products, or expand to a new location, the right business loan may be the solution.

Startup Business Tips not to be Disregarded

There are so many situations in which businesses were born; some were thoroughly planned while some because of accident or simply brought by random scenarios. Actually, it isn’t as hard as you may think to keep your business running as long as the full year. But the period after that is when things get real. Here’s the thing, opening a business is the easy part; keeping it running beyond that point is tricky process and where most business persons fail.

Now, if you’re trying to read deribit review at Bitcoin Tester to use as additional funding for your business, that’s fine. But you ought to know that there are more things that you need to know than that.

Change Your Circle

As a start, you need to be surrounded with likeminded people. When you are forming your business, you may start it out with your own work or, shape the framework of what you want it to be. Ultimately, for you to build it effectively, you have to accept the fact that it’s going to need bright minds to execute it.

In this case, you have to surround yourself with the right people who are experienced and knowledgeable and share the same vision as you do. For some entrepreneurs, they’ve built their companies together with their family or friends on their team. Why if you may ask? It is all because of the simple reason that they share the same idea, vision and mission.

Plan Your Strategy for Human Resources

Every business regardless of its size will need to implement some sort of an HR strategy even if they do not have a different department for it. This is an important function for any business as this is the phase where policies for the workplace are established and enforced. This additionally includes the employee’s benefits and hours of work and how it should be managed.

There are instances in which the HR department will be overseeing the payroll and accounting services. Perhaps you are running a business but do not know much about the HR management. Don’t worry, there are several other ways that you can do it like hiring professional employer to do this. As your business begins to grow, there are more factors to be considered and the HR will take action into that.

Never Proceed without a Strong Marketing Plan

You might have ironed out every possible situation and scenario in your business to take off but, there’s still one thing that is missing. This is to have an actionable market plan. Without it, you will go nowhere in your business. Basically, a strong and effective marketing plan will put your business in the map.

Small Business Funding: Personal Loans And Other Alternatives

money lender shenton wayLending companies, such as money lender shenton way, are financial firms that offer loans to individuals as we as businesses. These loans allow you to pay for housing especially if you don’t have enough funds to pay in full, purchase appliances, or carry out home renovations. Businesses, on the other hand could make use of these loans to purchase business equipment, finance business operations, or use it venture into new markets.

Regardless of the requirements and conditions, it is best to obtain loans from reliable, trusted and licensed lenders like money lender shenton way as they bring more benefits and less risks compared to getting loans from unlicensed lenders. By borrowing from authorized lending firms, you are sure to have a trouble-free process from beginning to end.

For individuals wanting to begin a startup or a small business, realizing this dream may be challenging especially with inadequate funding to set up the business.

personal loans for businessWhat Are Personal Loans?

Many traditional financial institutions would ask for a lengthy, at times unnecessary, list of requirements before businesses are provided with the business funds they need. At times, one of the requirements may be difficult to get a hold of. Hence, the best option for them is to get a personal loan.

Basically, personal loans are used by borrowers for simple home renovations and improvement, consolidate debts, or make big purchases. Personal loans have fixed interests and are issued just about immediately and without a great deal of paperwork.

Personal loans could be provided by financial institutions, credit unions or lending firms. Usually, this loan doesn’t require a collateral but would mean that the settlement period could be very short and strict. Tall the borrower would have to do is to specify a fixed regular repayment amount and indicate how long the repayment period would be.

Apart from the above-mentioned, many individuals actually make use of personal loans to make worthwhile investments or set-up a start-up or small business, and have actually succeeded and are doing quite well.

Personal Loans Alternatives

Besides personal loans, there are other alternatives you could consider which you could utilize to fund your business. However, know that they have their own requirements, interest rates, repayment plans, and terms and conditions.

  • Credit Card Loans. This type of loan is very popular and could match your business needs and if you need to quick funding.
  • Crowdfunding. The internet is generally the place to look for crowdfunding. It is imperative to look for a reliable and the most fitting crowdfunding platform to persuade investors (or donors) that their contributions, regardless of the amount, will be for setting-up a business.
  • Government Grants. There are numerous programs by the government that specifically provide funding for start-up businesses which necessitates only a few requirements.
  • Investors. With the Internet, you could find angel investors as well as venture capital investors. You will have to convince them by pitching your business idea. If they find it appealing and worthwhile, they will provide you the funds you require almost immediately.

Are Investors Turning to Binary Options Trading in the Midst of the COVID-19 Crisis?

Binary options trading is fast becoming an item now that stock markets are operating under unstable conditions due to the COVID-19 pandemic.

How Does Binary Options Trading Work?

Trading on binary options is one of several speculative investments offered in the commodities market. Its mechanics work on the principle of “supply and demand,” which drives the prices of globally and widely traded investment commodities like foreign currencies, cryptocurrencies, oil, precious metals, or even agricultural products like cattle meat, pork bellies, coffee, cocoa, soybeans and corn, just to mention a few.

That is basically the reason why there is growing interest in commodities trading, particularly in binary options speculations. The ongoing COVID-19 pandemic has disrupted businesses and the global markets for such products and major investment assets, greatly affecting “supply and demand.” More so now that countries are making a move to reopen economies, causing price indexes to fluctuate and change in a matter of minutes.

Binary Options Trading Different from CFDs

It should be clear that binary options trading is different from CFDs, or contracts for difference. Although both speculate on the price of a specific product or investment asset for a specific date or time agreed upon by two contracting parties, with CFDs, the speculator does not necessarily own the commodity.

Whereas in a binary options trading, a trader places a specific investment asset as stake to a proposition that the price of his asset will either yield an increase, or will incur a price decline in the global market.

If the outcome favors a trader who projected an increase in the price of his staked asset, that trader gets to collect a gain based on the yield he projected. On the other hand, if the price goes down and in effect brings down the value of a trader’s staked asset, he loses ownership over that same asset; as it will serve as the winnings of the opposing party.

The Importance of Choosing a Binary Options Trading Platform Operated by a Licensed Broker

If binary options trading seems attractive to you, it is a must to make sure that the platform you are using is being run by a licensed and regulated commodities trading broker. That way, you are assured that the trading activities you participate in are being closely monitored by a regulator, who has the authority to act on disputes as well as impose measures to protect you and your investment assets.

To cite an example, IQ Options Europe Limited, which offers a a wide range of CFD trading services through its website ipoption.com (https://ipoption.com) is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). The significance of IQ Option’s CySEC accreditation is that this Cyprus financial institution pioneered the regulation of binary option trading back in 2012. CySEC has in fact implemented regulatory measures that allow close monitoring of licensed CFD brokers.

Another distinction of a licensed and regulated Cypriot Investment Firm (CIF) like IQ Options Europe, is that each client who maintains an account with this brokerage firm has the assurance that an investment deposit is protected by an insurance that can cover up to a maximum of €20,000.

In other countries belonging to the European Economic Area (EEA), IQ Options is registered under the trade name IQ Options Limited, and operates under the regulatory supervision of the Seychelles Financial Services Authority (FSA). Take note that EEA member countries are not necessarily under the jurisdiction of the European Commission.

However it is also important to take note that some licensed brokers do not offer their commodities trading services in other countries. IQ Options Europe Ltd./ IQ Options Ltd. for one, does not offer its services and platform to traders in the U.S., Canada, Australia, Belgium, Japan, North Korea, Syria, Iran, Israel, Pakistan and Sudan.

The Corona Pandemic – A Challenge To Startup Businesses

The corona crisis hits startups particularly hard. More than 90 percent are affected.

In the end, it got worse than feared: In the survey on the effects of the coronavirus, it was assumed that many startups were affected (nine out of ten). The scene had never been so existentially affected. Startups are often small companies that depend on private capital. If that doesn’t happen, they have a problem. The current crisis also hits startups particularly hard because many have no financial reserves.

Corona crisis: State aid does not benefit all startups

The federal association surveyed over 1,000 startups. The result: Around 91 percent of companies are affected by the corona pandemic. With only a few exceptions such as the construction industry, all sectors are affected equally often. Over 80 percent of those questioned are also at risk of their existence due to Corona. The measures against the coronavirus are causing companies to complain about more and more delivery failures.

Another finding of the study: The threat to startups will be acute for both large and small startups in the next six months. Startups with an upcoming round of financing are particularly affected. Some government aid, such as short-time work helps startups – but not all. Many startups are classified as “not bankable” and therefore cannot apply for a loan but sort to alternative financial solutions (https://looselending.com/). Nevertheless, two-thirds of the startups plan to use government aid measures.

State aid: The startup association proposes this measure

Larger companies with a capitalization of 50 million euros will probably receive support from the planned economic stabilization fund. An estimate of around 150 to 200 startups fall into this category. Smaller companies with few employees can rely on emergency aid from the federal and state governments. For example, there are 9,000 euros for affected companies with less than five employees.

According to the WHO, Europe is the region most severely affected by the coronavirus pandemic in the world. However, medium-sized companies are left behind for a while. According to the study, startups need help over the next few weeks to avoid bankruptcies. The federal association has therefore drawn up a four-stage plan to hopefully be able to avert the disaster.

These include so-called matching funds, in which not only the state but also private investors help – mostly in a ratio of 70 to 30. An estimate states that the startup scene needs a single-digit billion amount to be able to catch all healthy startups. It is in hope that the federal association can do this together with politics.

The 3 Stages of a Business Startup

Whenever someone is starting a business, there are so many questions that entrepreneurs are excited and dreading to answer. Among the most common would be the things that they have to do during the start-up stages of their investment. So in the next paragraph, why don’t we take a deeper look at the critical stages of any startup along with some tips on how this could be averted and reach success in your journey.

Idea-Stage

For most people, this stage as well as the pre-seed stage blend well particularly when talking about funding. Regardless, this is where entrepreneurs are figuring out to understand the solution they can provide to the market and frame how their idea can help in solving that dilemma. In such stage, you’ll commonly read or hear of words like:

  • Customer discovery
  • Market opportunity and;
  • Minimum viable product

In the idea stage, oftentimes your main concern is focused on validation such as the problem you’re attempting to fix does exists, your solution really provides solution and that it is a problem big enough to motivate and to influence people to buy your product or service. Just look at how San Diego bankruptcy attorneys, they may not be a business but they make sure that their potential clients see and understand their service and that it is something they need to solve their problems. If you can do that in your business, then you are on the right path.

Seed-Stage

This is where you actually kick-off your idea. You need handful of users or customers and you are beginning to see a bit of profit.

However, you were not able to get the formula and find success. This stage is where your go-to/sales marketing strategies have to pick up and take shape. Once you have done that, your next course of action is to create a formula to make it bigger.

Early-Stage

By the time you reach this stage in your startup business, oftentimes you are in full-swing and open for growth. You know you have already reach this stage because you have a repeat sales model, established market strategy and most likely, you are looking for big capital to expand your business and grow faster.

Though, you need to be aware that these stages are not exact science and there can be lots of things that could happen in between. But that is what business is for. There are hiccups and obstacles that will come along your way and these are what would help you learn and grow.

10 Ways To Fund Your Start Up Business

Financing a business is a challenge for many businesses. You may have extra cash from your investment in Stocktrades best dividend picks in Canada. But for some, there is a need for more for various reasons.
Need financing? You can often go to the bank for this, but there are also other options. Here, we have laid out ten options to find the money for your start-up company.

Startup Funding Explained: Everything You Need to Know

1. Private investors
Private investors (Informal investors) want to invest part of their equity in a start-up company. In the business world, they are also sometimes referred to as business angels. They are often former entrepreneurs who also bring knowledge and expertise in addition to capital (money).
Remember that many typical investors prefer to stay intensively engaged in all business processes even following the launch of the business itself.
2. Traditional Financing via Banks
Most entrepreneurs are still financed by the bank. In order to qualify for this, in most cases, you must first write a good business plan. In this plan, you show that you have a promising idea in the current market.
3. Guarantee credit
Suppose you have been active as an entrepreneur for less than three years and you need a business credit (money). At the moment you cannot offer banks enough collateral when it comes to collateral. The bank is therefore at extra risk.
In that case, the bank with which you have approached for financing can make use of a special government scheme: a guaranteed loan. The government then takes over part of the risk. Do you want to know more? This Rabo page gives you access to more information.
4. Family and acquaintances
Some business owners are a bit wary of this. But if you make clear agreements with each other, your environment can indeed be a good stepping stone to a successful start of your company. You can borrow from family and friends and avoid disagreements in the future by laying down clear agreements like specific repayment schedule and interest payments.
5. Financial lease
Starting entrepreneurs don’t always have the luxury to purchase necessary equipment, machines, or vehicles to sustain the business. This is where financial leasing comes in place. Financial lease is increasingly used by starting entrepreneurs and freelancers. Moreover, the assets are just yours, which in turn offers tax benefits.
  • You can write off the business asset.
  • You can reclaim the VAT paid.
  • The interest you pay is deductible.
  • You benefit from an investment allowance (often 28% of the purchase price).
Did you know, for example, that you often do not need annual figures for a lease? And that you can also lease second-hand goods? You can calculate within one minute what the lease of your desired business asset will cost you per month.
6. Venture Capitalists and Funds
Venture Capitalists are private equity companies that manage the so-called “venture capital” of large investors and/or lenders. They prefer to invest in somewhat established entrepreneurs with a well-founded business plan.
Financing through funds
At first sight, funds are very similar to private equity companies but generally have a special objective. There are regional funds, starter funds, and funds for innovative and sustainable initiatives.
Funds are usually set up with government support, but they simply finance under commercial conditions. Depending on the type of company and the industry in which you operate, the support a fund can give you that final push to grow into a company of size.
7. Crowdfunding
Crowdfunding – literally: funding (investment) by the crowd (mass) – is becoming increasingly popular. Entrepreneurs and potential investors can come into direct contact with each other via online platforms.
With a good crowdfunding campaign, you quickly attract more interest in your plans and increase the chance that someone wants to invest in them. Although it is important that your project is shown on the right crowdfunding websites. Read here how to set up such a campaign.
8. Guarantee credit for agriculture
The government strives to support farmers financially so that it is possible for them to invest in innovation and to produce more sustainably and efficiently.
The Ministry of Economic Affairs supports these farmers by guaranteeing an additional loan. You can think of a loan for investments, with which production costs can be reduced or animal welfare can be improved.
9. Innovation financing
There are many other government financing schemes that you can make use of in this area, such as the SEED Capital scheme and Innovation Credit. Keep in mind that not every company or project can qualify for innovation credit.
Rabobank offers entrepreneurs with good innovation the opportunity for a Subordinated Innovation Loan (AIL). You do not have to pay repayment for the first two years.
10. Stacked financing
You don’t necessarily have to choose. Many starting entrepreneurs mix and match different forms of financing. This is called stacked financing. For example, you can make combinations with Financing via the bank, Crowdfunding, and Own capital

Modest Marketing Tactics for Small Businesses with Serious Positive Impact

Are you lacking enough funds for your business? Don’t fret that easy as there are various marketing strategies that can be used without blowing off your budget. Believe it or not, even established and known property management Atlanta and several other companies have taken advantage of the tactics that we will be discussing today.

Get Ready!

If you are serious about growing your business or simply being smart with its cash flow, then this is the article for you!

Publish Informative Content

This one is somehow self-explanatory. However, it would be a shame not to exploit its importance. If you don’t have the knack for composing great content, then go hire freelance writers who can do this for you. The best part about this, you can outsource such service and take advantage of low fee packages while enjoying awesome content and SEO from these professionals.

Prepare Instructional Videos

One of the best ways to convert prospects to customers is by creating videos. Yes it is true that it may cost you serious sum of cash to produce professional-grade videos to be uploaded in YouTube, it is worth giving a shot. If you want to save though, you may sift through online job boards to hire freelance or amateur film students.

Use Ad Promo Credits                                                                                          

While there are huge Ad campaigns that are out of your league, there are coupons and discounts you can use for Google ads or even Facebook ads. Some of the web hosting services are also offering discount codes for advertising as part of its membership offerings.

However for this to be enjoyed, you really need to be committed and serious in what you are doing.

Reddit

Reddit’s tagline, “the front page of the internet”; as a matter of fact, this is the bare-bone of social networking sites and it can additionally be a very powerful tool for your business. So long as it is used strategically. Reddit does compose of tech-savvy and smart audience and being able to tap into these markets can help your business grow.

Indulge Yourself in Social Networking Sites

You have to make business accounts and take part in activities of social media giants with the likes of:

  • Facebook
  • Twitter
  • Instagram
  • Google+
  • LinkedIn

If you really want to like explode your marketing potential to these platforms, then it will be wise to invest enrolling or studying online advertising. You don’t know how much value it can bring to your business.

The 5 Tips for Strong Business Operations

Bill McBean authored the book “The Facts of Business Life”. In his book, he detailed valuable and critical advice to steer clear of failure for business startups and how to reach success. So before you put your hard earned money to start a new venture or use your crypto that was mined from with the help on https://cryptostory.io, better read the points below:

Tip number 1. Leaders are the True Foundation of a Successful Business

As per Bill, effective leaders are well aware of defining their goals and objectives as well as creating plan to direct company to attain such objectives. Leaders must have a vision of the strategy to be used and on how to execute it. Employees are likely to follow the kind of philosophy, direction and work habits that their business leader is implementing.

Tip number 2. Mindfulness of the Ins and Outs

Exceptional leaders ought to know what every employee is into and should understand their daily operations. Successful companies require management that could overlook for ways that’ll make the processes a lot more efficient. It is recommended among business owners to pinpoint the areas of improvement and to be clear of the consequences in the event that employees have deviated from procedures and policies.

In case that the business owner is loose with these things, there is a possibility that he/she will gradually lose control of the company.

Tip number 3. Money is the Name of the Game

Among the critical factors in preventing business failure is by protecting the financial assets of the company. Businesses should be aware of their investments and make the most of their profits. It is quite risky to have no idea of the investment because it might possibly cause more damage than good.

Tip number 4. Plan in Advance

Business leaders don’t have the special powers in foreseeing the future. But, they could come up with hypothesis to plan what to do if the situation arises.

Tip number 5. Be in the Know and Understand Your Brand

As soon as you have established a great service or product, you have to make an effort in marketing yourself. McBean is encouraging new businesses to make investments in solid marketing budget to be able to ensure that consumers are mindful of the service and/or product. You have to allot energy and time to invest your marketing funds in strong strategy that will work for your target audience.

How to Write A Simple Business Plan

Writing a business plan takes time. And it should be properly written especially if your intent is to take out a business loan regardless if it is No Guarantor Loans For Bad Credit (UK) | £50 – £5,000.

Take the smart approach to such a business plan and get started with these simple steps.

How to Write a Business Plan

The purpose of your business

In the first chapter, you can immediately grab attention. So try to describe your business goal in one clear sentence. With this, you immediately give a good description of the purpose of your company. Why are you starting this company? For whom? What do you think you can achieve that? The main purpose of this first point is simple: how do you arouse the reader’s interest? Short but sweet. That is the common thread throughout your entire business plan

Also know who you write for, banks or private investors usually don’t have a lot of time to read comprehensive business plans extensively. The more concrete your business plan, the greater the chance that it will ultimately be looked at carefully. Good to keep in mind: the ideal length is around twenty pages.

Find your client

In this section, you describe the current situation of your future customers and/or clients in the region. What problems do they encounter? How are they dealing with this at the moment? Click on ‘Preview’ to see what this looks like in practice.

Example of the current situation. Of course, you must be able to substantiate these claims with the right facts, for example from Statistics Netherlands. Or take a look at Figures and Trends at Rabobank. Here you will find up-to-date information about, for example, the opportunities, threats and perspectives about your industry.

Your added value

The title actually indicates it: here you tell about what your product or service adds to the customer. What will you do to offer these customers and / or clients a good alternative to the current situation? And is this financially feasible?

Keep a few things in mind here:

  • Make sure you describe these issues clearly.
  • Do not avoid potential obstacles.

Therefore always state briefly which problems you may encounter and how you expect to be able to circumvent or solve them.

How relevant is your company?

You use this part of the business plan to convince the reader that this is an excellent time to start the business. Support your story again with accurate data about the developments of the last years in your industry and region. Which developments make your company relevant now?

From market research to a marketing plan

No business plan is complete without the results of market research even if you know you are starting a brilliant tech company. As an entrepreneur, you have to know how your market works and you want to stay informed of the latest developments in the sector. 

Added-value of your product or service

Just like a potential investor, the customer will soon have to be convinced of the added value of your product or service. A marketing plan helps you gain more insight into your market, with which you can then sketch a clear profile of the target group via the marketing mix.

Then take a look at the possibilities of drawing up SWOT analysis.

The competition

Here you write about the established companies in your field and region with whom you will soon be competing. In this competition analysis, also briefly indicate to each competitor what your company will do differently (and better).

The product

In this section, you can describe your product or service in detail. What is the goal? How is the product made? For example, would you like to write or translate web texts for companies from Dutch to English or Russian?

  • Describe step by step how you will proceed exactly and what the costs will be.
  • Is a possible second correction included in the price or do you charge extra hours for this? And what about copyright, for example?

If you want to start manufacturing, importing or exporting products with your company, this is the place to explain the exact import or production process in clear terms.

Business model

The business model helps you display certain aspects of a company. From the expected turnover, price, potential customers, target groups, the maximum size of the assignment or job that you can take on, and the sales model. This is a way to visually represent the aspects of your business model. 

Sole trader or large team?

Are you going to set up a sole trader? Then you just have to put your own name here. But when you start a business together with others, you have to record this on paper:

  • Who are the founders?
  • Who is responsible for operational management?
  • If relevant, who is the management board?

Financial information

Finally, the business plan must also include financial obligations. For example: Making a realistic estimate of the cash flow

A profit and loss account, the balance, what you can offer the acquired investor financially, and when do you think you will reach the break-even point?