POST CATEGORY : Finance

How to Ask for Money When Your Business Is Just Starting

What’s one thing every new business needs?

A product or service? Customers? A gap in the market?

Yes, yes and yes, but one thing comes before everything else: capital.

Raising capital for start-ups

That’s right, cash is key to any start-up success. In simple terms, you need money to make money. Indeed, it’s been found that 29% of new businesses fail through having a lack of cash.

Any new business needs sufficient investment capital.

Now, you could use your personal savings. Sooner or later, though, most businesses need external investment. And for that, you need to know how to ask for money.

It doesn’t matter whether you’re seeking support from banks, venture capitalists, angel investors, or friends and family.…

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7 Tips To Secure The Mortgage For Your Dream Home

If you are securing a mortgage for the first time, things can be very confusing and challenging. But fear not, these seven tips can help you in getting started on the right foot. Without further adieu, here are the tips:

Securing mortgage

1. Clean Up Existing Debts

Most commonly, a mortgage will be the biggest debt you and your family have ever taken on. If you have existing debts or loans, these should be paid back first. This will not only ease the financial burden on you, but it will also make it more likely that you get approved for a mortgage.…

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6 Factors to Consider When Choosing a Mortgage

Getting approved for a mortgage is often easier said than done. That is why you need to work with someone that can help you assess the practicability of the purchase of a home. To get the best mortgage, here are 6 factors that you need to put into consideration.

How to choose a mortgage

1. Issues that will affect your approval

Most lenders will not agree to give you money until they see the house you are interested in. Why? This is because they must know the total cost of ownership. This covers the actual price of the home, maintenance fees, any stamp duty fees, and other fees associated with the purchase of the house.…

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5 Factors to Consider When Choosing Title Loan Providers

Depending on your financial situation, you may need to consider taking out a loan. If you need quick cash, for instance, a title loan could be right for you.

Car title loan tips

Title loans can help solve your immediate financial difficulties—as long as you use them responsibly and choose a reliable and trustworthy loan provider such as Advance America. As you shop for providers of title loans, here are a few tips to guide your search.

1. Seek title loan-specific experience

Experienced title loan providers will have the right level of knowledge, the right tools, and a drive to continuously improve their services to meet consumer demands.…

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Is Robotics Automation a Viable Cost Control Strategy for Your Small Business?

As a business owner, you should always be looking for ways to improve your ROI. Robotics automation could be a great thing to invest in. However, not all automation technology is worth the investment.

Robotic arms

You should familiarize yourself with different robotics automation technology on the market and make sure to allocate your capital expenditures wisely. This requires assessing your business needs and calculating the expected ROI from your robotics technology.

The state of robotics automation under capitalism in the 21st-century

Automation is a complicated concept that has received a lot of attention inside and outside the business community. Many clueless political pundits state that automation is a form of worker exploitation.…

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How to Get Sponsorships for Your Event

Organizing and running an event is no walk in the park. There are plenty of moving parts, and it takes a committed team to make it happen. Yet, events are such an integral part of running a business; when you host events, you build brand awareness, expand your audience and reach, and open yourself up to new business opportunities. In the event, the ROI for events is far-reaching, and can even be tremendously lucrative for your business’s bottom line.

Business event sponsorship

One of the most difficult aspects of putting together an event is acquiring the funds for it. To help you manage those costs effectively, it’s important to work with sponsors.…

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How To Identify A Credible Debt Collection Agency In Australia?

One of the main challenges many businesses face is the recovery of bad debt. Many businesses simply don’t offer any credit options. However, if you opt to extend lines of credit, it is valuable to work closely with a reputable debt collection agency. Credible debt collectors can help you avoid getting bad debt and save you the trouble of debt recovery.

Debt collection agency

Here are some tips on how to identify a credible debt collection agency in Australia.

1. Learn the Basics of Debt Recovery in Australia

Study the basic principles of debt recovery before you talk to debt collectors. This will give you an understanding of the typical terms and conditions used in the industry.…

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Company Helps Entrepreneurs Leverage Underutilized Accounting Tool to Raise Capital for their Business

Countless entrepreneurs are watching their business languish on the vine because they have exhausted traditional funding sources and don’t know where else to turn.

That limited perspective bothers serial start-up entrepreneur Peter J. Burns III, whose company Burn$ Funding has built a discipline around what are called Cost Segregation studies.

Cost segregation for raising capital

What is a Cost Segregation study?

A Cost Segregation study identifies aspects of physical property that can be placed on accelerated depreciation life cycles, potentially resulting in huge tax savings for eligible property owners.

“One of the first questions that comes to mind when I tell a small-business owner about it is, ‘Is it legal?’,”…

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Surefire Ways to Keep Your Business Afloat During a Financial Crunch

Owning your own business is not as easy as some people think. It is actually a 24-hour job, especially when you’re just starting to grow your business because you have to think about so many things, from marketing plans, employee schedules, stock supplies, and more.

Keeping business afloat during crisis

But, of course, the financial rewards and the fulfillment that you get from managing something that is entirely your own cannot be beat. This is the main reason why there are many businesses in the world. Owning your own company is very rewarding, although it does entail a lot of work.

Some companies that are more stable, who want to grow and expand even more, consider going public.…

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What Are the Costs of Big Data?

Big Data has taken over the mainstream headlines for the last decade or so, and continues to be one of the most featured technologies in the headlines today.

Cost analysis of big data

Forget the attention-catching headlines and talk of a new dot com collapse for businesses that don’t adopt Big Data for a while. Think of the other implications of adopting Big Data for your business. Surely, a massive undertaking such as a whole network of servers dedicated to crunching your data isn’t going to be cheap, right? Well don’t be so sure about this as web scraper websites can fetch all this data for you in a fraction of time.…

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