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Managing your Wealth: Understanding Risk and Maximising Returns

If you are investor, you will no doubt have become accustomed to strained economic climates and fluctuating returns in the wake of the Great Recession. The current economic landscape is no different, as while it will continue to cool throughout the fourth financial quarter it is likely to remain among the strongest in the developed world over the course of the next decade. More specifically, the National Institute of Economic and Social Research revealed that British economy will have grown by 3% by the end of this year, with further expansion of 2.5% forecast for 2015.

Wealth management

Risk and Return: Wealth Management in the Current Climate

These figures stack up well in terms of the global economy, and this should at least make the life of a UK investor a little easier.…

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Three Top Financial Tips for the Self-Employed

Since the financial crisis of 2008, the ranks of the self-employed have gradually been swelling, with widespread job losses prompting people to take their futures into their own hands. Around 1 in 10 people now work for themselves, but what many fail to realise is that moving from an employed position to self-employment requires some careful financial planning. If you’re newly self-employed and not sure where to start, read on to find out.

Business finance for the self-employed

Tip #1: Tax

People who work for themselves need to be extremely proficient when it comes to record keeping. If you take the time to keep accurate records of your set-up costs and ongoing expenditure, then you’ll find it much easier when it comes to drafting your accounts at the end of the year and calculating your potential tax liability.…

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Further Your Business with These 4 Degrees

As an entrepreneur, you know that your business takes hard work and dedication. One of the best things you can do for your business is to get a degree that will help further your knowledge and skills. There are several different types of degrees you can pursue to further your business, no matter what type of business you run.

Businessman

Public Health

While it may seem unnecessary in some cases, consider a degree in public health if your business has anything to do with the medical field. This will help keep you up to date on what is happening in the public health field.…

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The Psychology of Shopping: Shop Floor Marketing

Search the web and there’s endless information about internet marketing and digital media. It seems that business advice for online operations is readily available anywhere you turn. But when it comes to designing a shop floor or a product showroom, there’s not much information to look at it. Many businesses today operate both online and offline so a good understanding of shop floor marketing is just as important as ever.

Sales girl

Whether you trade from a bricks and mortar premises or have a customer showroom for your retail web business, it’s important to think about shopper psychology. Here are some great psychological takeaways to bear in mind.…

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Understanding How CEOs Become CEOs

Chief executive officers (CEOs) of companies seem larger than life. They’re giants that have learned how to manage their finances, how to create wealth, and, arguably most importantly, how to deal with people.

The path to becoming a CEO has just as many rewards as it does challenges, but it’s the weight of those rewards that makes the journey worth traveling.

CEO

To understand why becoming a CEO of a major company is so rewarding, you first need to understand what it takes to become a CEO.

What Does a CEO Need?

The formula for becoming a CEO can be simplified into just three things that each require a respectable amount of hard work, dedication and skills that can only be acquired from perseverance.…

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How to Take Your Finances from Receipts to Balance Sheets

Many people assume that finances can be a confusing and stressful thing to manage, especially if you’re not prepared or educated in how to manage finances successfully.

Doing business finances

Many people just throw their receipts in a box and then decide to organize these receipts when it’s necessary, such as when tax season is approaching. But this is not an effective financial method, whether for a business or for your personal finances. Having organized financial records is essential, especially when it comes to managing cash flow for business or for personal use.

Luckily, you don’t have to be a tax expert in order to manage finances.…

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Currency Trading: Simplifying the Challenges of Entering the Forex Market

If you are just starting out in the forex markets or want to broaden your horizons and look at other potential trading opportunities, it is important that you have a basic understanding of how these markets work.

Forex trading may potentially seem daunting and challenging but with the help of a forex broker who provides you with the right tools and trading platform to invest with as much ease as possible, you can soon be up and running.

Forex trading

Forex trading simplified

Foreign exchange markets, which are more commonly referred to as Forex or FX, is in a nutshell, the exchange of one currency for another at an agreed exchange price via the over-the-counter (OTC) market.…

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Why a Simple POS System Means More Customer Confidence

Customer confidence is all over the map these days. With worries about identify theft and security breaches constantly the news, it takes something to convince customers that your store is the place where they should drop those dollars and scan that card.

If you want to get ahead in this market you have to beat out the competition not just in prices or incentives, but in confidence. One security breach can set a company back a dangerous amount, forcing them to rebuild or try to woo back their customer base when they’re under the pressure of a lot of stress.

Point of sale

With that in mind, the answer is not a complicated point of sale machine or bristling firewalls and security.…

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Taking your Brand on The Road: Making The Most of Trade Shows

Trade shows are one of the best places to advertise your business. When you attend a show, you can show off your brand and products. But, it’s not a risk-free proposition. If you’re not careful, you can also lose more than the cost of the booth.

Trade show

Decide What Your Goals Are Before You Go

Before you rush out and set up your booth, decide on what you want out of the trade show. For example, some businesses go to collect leads. Others go to showcase their wares for other businesses, but not to collect sales leads directly. Still others go to network or even sell directly at the show.…

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The Main Benefits of a Virtual Office for a Homeworker

Starting a new business requires preparation and planning. Financially, if you have no other income, you should make sure that you have enough put by to keep you going for three to six months, or at least until your new business starts bringing in money. Research is needed not only for the product, but also to ascertain if the market has potential and to check on all competitors who are already in business.

Workstations in a virtual office

When you start, you’ll need to be ready to test your resilience, as the first year of any business is always a difficult time. When you reach the first anniversary and it is still a concern, you may want to take a deep breath before building your strength to begin in the second year.…

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