Small Business Financing: A Few Misconceptions Addressed

Navigating the lending landscape seems to be an eternal struggle for small businesses – thanks to the series of misconceptions associated with small business financing, in general. Small business lending rules that existed 10 years ago, don’t really exist anymore. If you have a credit score of 680 or above, some kind of collateral and some experience to boot, you will easily qualify for a loan right? Not really! As a small business owner, there are still chances of you being turned away.

Small business financing miscoceptions addressed

Considering the difficulties of securing a financial assistance from banks—a bank loan itself is considered to be a myth – i.e.…

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Should Small Businesses Adopt Cryptocurrencies?

The ongoing buzz around cryptocurrencies and what they could do for businesses in the future is one that doesn’t look to be dying down any time soon. One of the hot topics in the discussion currently, however, is whether or not small businesses should start to accept cryptocurrencies as payments in the near future. Here, we’re exploring exactly that.

Bitcoin accepted here

photo credit: Duncan Rawlinson / Flickr

An Introduction To Cryptocurrencies

By definition, a cryptocurrency is a digital currency that relies on encryption techniques to regulate and verify transactions, transfers and the generation of new ‘coins’. This means that the currency should be decentralised, operating entirely separate to any companies, institutions or banks which not only increases security and reduced risk of fraud, but also provide a fast, efficient and low-cost method of payments and transactions.…

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5 Investment Mistakes You Don’t Want to Make in 2018

With increasing volatility and frequent market fluctuations, making smart investments is not easy. When you look for information online, several inputs laden with economic jargon tend to perplex you furthermore.

Making investment mistakes

There is always some new way of making quick money that everyone is talking about, and usually that’s the investment that one should not make without doing their research. Instead of figuring out what to invest in, let’s examine five things that one should not invest in the coming year.

1. Not planning well

To earn returns, most people tend to invest in assets. However, lack of prior planning leaves investors with no clarity on their financial objectives or future.…

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Equity Crowdfunding – A Beginner’s Guide

While you once needed a lot of capital to gain equity in private companies, new laws have made possible for small investors to invest using limited capital through equity crowdfunding. In this article, we’re going to give you a small introduction to equity crowdfunding and a few tips to help you get started.

Equity crowdfunding

What is Equity Crowdfunding?

Simply put, equity crowdfunding is similar to regular crowdfunding with the exception that you get an actual share of the company you’re investing in. It allows everyday investors to invest in early-stage companies that aren’t listed on the stock exchange.

There was a time when only accredited investors were allowed to invest through equity crowdfunding.…

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E-Invoicing: The Unsung Hero in Every Business

As humans, we are constantly searching for ways to improve the processes that we frequently encounter during the course of our daily struggle called life. From the invention of the wheel to the invention of the internet a few decades ago, we humans have always been characterized by a penchant for innovation and an unending thirst for knowledge.

E-invoicing

We’ve come a long way from bartering. We’ve been able to create currencies and now, we’ve even been able to create cryptocurrencies. Gone are the days when manually-written invoices and receipts were the norm — even the process of manually punching in item prices on a cash counter seems primitive.…

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How Do You Get Bitcoin The Practical Way?

Since Bitcoin’s introduction in 2009, it has grown from costing less than a dollar to over $9000 as of the time of writing this article. Everybody nowadays wants to know how to get into the Bitcoin game and rake in a slice of profit.

Tips for getting bitcoin

This guide will teach you some of the practical ways to get your Bitcoins safely and quickly. But first, you need to get a Bitcoin wallet. A wallet is merely a software program where Bitcoins are stored. Once you have gotten one and set it up correctly, you are ready to get some Bitcoins.

1. From other Bitcoin holders

This is the most basic form of acquiring Bitcoin – face to face from another person.…

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How Bitcoin Will Eliminate the Customer Dispute from Your Business Forever

As a small business owner, you are likely extremely protective of the entity that you have built up from nothing into an established business. That means that you are probably wary of accepting anything new into your company about which you might not know too much.

Avoiding chargebacks with bitcoin

Such a stance is a good tactic to enforce, but you also don’t want to take it too far into the realm of complacency. If you did, you could be missing out on initiatives and opportunities that could take your business into a stratosphere that you never before imagined inhabiting.

Bitcoin, the digital coins which replace normal currency in transactions over the internet, probably fall into the category of things of which you can’t be too certain as a business owner.…

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No Hassle Ideas for Adding Bitcoin Capability to Your Brand-New Business

Are you about to start up the business that you’ve spent your life dreaming about and planning? Are you worried about your ability to make that business stand out in a market that might be crowded with competitors who have already established themselves? One way you might be able to make that happen is to allow the digital coins known as Bitcoin to be part of your operations.

Bitcoin accepted here

There have been a lot of reports about this technology that might dissuade you, but many of those reports amount to nothing more than the ill-informed skepticism of people reluctant to change. In actuality, Bitcoin makes for a great fit even for businesses who are just in the process of getting things started.…

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Judging Fundamental Versus Technical When Dealing with Foreign Currency

The foreign exchange market is one that many people utilize as part of their investment portfolio. It can even be a way to build up a nest egg that can fund a small business of your own. But, obviously, that will only happen if you have the ability to judge the intricacies of the market with a great amount of efficiency.

And that often comes down to the strategy that you utilize.

Foreign currency chart

It often comes down to a debate between one of two tactics. Some use technical analysis, which focuses strongly on statistics and trends. Other prefers the usage of fundamental analysis, which is a way of determining the strength, or lack thereof, of the underlying financial instrument.…

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5 Pitfalls of Getting a Personal Loan That You Should Try Avoid

Personal loans are the popular jocks of 2018. A recent survey revealed that almost 24 million consumers in America, which equates to roughly 10% of all American adults have their eyes on personal loans.

It’s no surprise really.

Taking personal loan

These loans are indeed a great way to get some quick cash to help you out of a tight spot. But they do not come without their dangers. Lenders are responsible for accepting or rejecting applications within 24-hours.

You are responsible for your due diligence to help you make sure there are no unexpected nasty surprises lurking around the corner.

Never fear! Through this article, we will go through some of the most common surprise expenses and how you can go about avoiding them.…

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