POST CATEGORY : Finance

Getting A Forbrukslån: 8 Tips For Choosing Lenders

No matter how hard we try to avoid it, we all find ourselves short of money at one point or another. And, no, I am not talking about the fact that you might run out of money a couple of days prior to your salary and that you will be impatient to get paid for your work.

Man finds online lenders

That’s also a completely normal situation, but it is simply not the one I am referring to here. What I am referring to is the idea of needing money to cover some expenses or to buy something, such as a car for example, and simply not having it.…

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Services Offered by a Bookkeeping Company

If you have been running a business for some time now, you must have hired a bookkeeping service provider at some point. Every company needs to have a trustworthy bookkeeping partner.

Bookkeeping tips

Having an experienced and competent financial expert working hand in hand with you can only do wonders for your company. You can determine whether the company that offers bookkeeping services is efficient by their accuracy, punctuality, and error-free record keeping.

But what are the specific tasks you can expect from a bookkeeping service provider? Here’s a list of services provided by most bookkeeping companies:

Prepare Financial Statements

A good bookkeeping service provider will prepare financial statements that include balance sheets, income statements, cash flow analysis, and other accounting reports needed for your company.…

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Refinansiering Av Gjeld (Debt Refinancing) From An Existing Personal Loan

Refinancing the debt of a personal loan means the existing debt will be replaced with a new loan with the possibility of a lesser interest rate or updated terms. Refinancing is an option to consider if the rates have fallen substantially below what they are on your existing loan, ultimately saving money, or if you have a need to take a longer-term in order to afford the debt.

Debt refinancing using personal loan

Anyone who struggles with repayment av gjeld (of debt) will find securing refinancing with lower rates to decrease borrowing costs so there will be less reimbursement on the overall loan. Plus, extending the term will allow the minimum repayment each month to drop, but that will increase the loan’s overall repayment cost.…

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Finding Funds for Your New Business

Entrepreneurs face quite a few challenges. However, the largest one seems to be finding the funds you’ll need for your new business. From hiring staff to renting office space and buying materials, every single thing required to start a business costs money.

Business funding options

If you haven’t inherited quite a hefty sum from a relative or are independently wealthy, you’ll need to find that money somewhere. Here’s a look at a few places to start.

Crowdfunding

This option is growing in popularity rapidly. Crowdfunding investment sites allow entrepreneurs to sign up and try to raise funds on them. You’ll set a monetary goal for the amount you want to raise and a time limit in which you want to raise it.…

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What are Construction Bonds

Construction bonds are a wide variety of bonds issued to protect the client’s interests or the customers. If you are a contractor expecting to receive a project from the government, then getting a construction bond is necessary. However, when working for a private firm, you might not require construction bonds at all. But when it comes to working for the government, construction bonds are a must.

Construction business

But, what are construction bonds?

The construction bond covers payment, performance, and a project’s bid. The bond ensures that the work gets conducted as per the standard and conditions defined in the agreement. The bond also enforces a deadline and ensures that the deadlines are met, suppliers are paid, labour is paid, and construction work is completed promptly under the local laws and regulations.…

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5 Tips For Choosing A Precious Metals Company

When you decide to build your retirement portfolio, you will need to think about the assets that you want to add to it. For a long time, people have relied solely on the traditional options, i.e. the options of investing in stocks and bonds. While those solutions are still quite good and while you definitely shouldn’t ignore them, the truth is that you now have a few more options to consider.

Precious metal IRA

In simple words, you can now add precious metals to this portfolio. The fact that this option is now available has led to the emergence of Noble Gold and many other companies that are there to be your partners in this investment process.…

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How Android Phones Make Bitcoin Trading Easier

Bitcoin trading has become a mainstream topic in the last few years, but it’s still not easy for most people to take part. It can be complicated and intimidating, but that’s where Android comes in.

Crypto trading on smartphone

You can trade Bitcoin on your phone or tablet with Blockchain wallets because mobile devices are easier to use than desktops for trading coins. The same thing can be said about the Blockchain wallet, which will allow you to trade Bitcoin on your smartphone or tablet.

Bitcoin is a decentralised currency that can’t be forged or altered in any way. It’s also hard to steal because people have to have Bitcoins in their possession to spend them, and it’s impossible for anyone to create more coins.…

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4 Ways to Save Money in Your Small Business

When starting a small business, a lot of entrepreneurs often make the mistake of overpaying for certain expenses. To be more specific, most small business owners spend more than twice their initial expected cost just within their first year of operation.

Small business finance

photo credit: Pexels

This overspending led to a large chunk of small businesses failing not long after they started simply due to the lack of funds. Statistics from the Small Business Administration Office of Advocacy revealed that only 80 percent of small businesses were able to survive during the first year of operation.

That might sound healthy, but after a 5-year mark, only half of those businesses survived.…

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5 Important Steps to Open a Checking Account

Having a checking account can help you manage your finances better. It not only keeps your money safe while earning interest, but it’s also the best account option if you are making large purchases.

Opening a checking account

photo credit: RODNAE Productions / Pexels

If you plan to open an account, whether or not you already have one, you should consider getting a checking account. Its application process is pretty straightforward.

Here are the steps you can follow to open one.

Choose an Institution

When you are ready to apply for an account, you need to find an institution. You can get a checking account in banks and credit unions, so you better start searching for one.…

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Some Facts About Bitcoins and Cryptocurrencies

The valuation of cryptocurrencies is around $1.49 billion in the U.S market. The projected valuation can reach the extent of US $4.94 billion, if not more, by the year 2030. So you should not miss this chance to get a high return from this market.

Embracing bitcoin

Again, it is predicted that the compound annual growth rate or CAGR can be around 12.8% from 2021 to 2030. With banking interest going down, banks becoming bankrupt and people are investing in cryptocurrency to get good returns.

However, one should always go through the statistics before investing their bounty and let us discuss the same for various cryptocurrencies including Bitcoin.…

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