POST CATEGORY : Finance

Startup Financial Management: 8 Tips for Staying in the Black

Are you managing a startup with little or no sales as yet? Running on a lean skeleton crew of employees banking on your promises of success?

Small business accountants

At this stage, it might seem most important to just do everything possible to keep the doors open, but that’s the wrong kind of thinking. Working on a day-to-day approach is the same as saying “We might not make it.”

In order to keep your startup in the black, or get it to that point if you’re not even there yet, you need to put systems in place that will help you both presently and in the future when sales start to pour in and potential investors start to show interest in your company.…

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What Small Business Owners Should Know About Investing In The Stock Market

If your small business is taking off and you have spare cash to invest – there are few things to consider before you make a decision where to put the money. Experts warn that a sound investment strategy is an important business plan to have – and there is a list of what must be taken care of before you decide to invest in stocks.

Entrepreneur reading stocks on tablet

First things first

Although a good idea, investing in the stock market should be fairly low on your list of priorities, and should not be something you jump into without careful planning. Small business owners should first have a sound investment plan.…

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Finding Out The Cheap and Exclusive Car Insurance Policies With Ease

The high rates of car insurance premium have been a significant reason why many avoid investing in the car insurance policy. Well, the same is the biggest mistake committed, which can count much on cost.

Finding car insurance policies

Car insurance is a vital step which should not be neglected. The insurance cover plays a significant role in overcoming the unexpected financial expense in case of any event leading to breakdown or theft of company cars. The primary perspective of the policies and its potential to save the individuals from the financial trap makes it a recommended choice.

Insurance considerations on costs

Have you ever wondered why do the insurance premium cost so much?…

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What is a Home Equity Loan and How Does it Work?

If you are a homeowner, you may be sitting on tens of thousands of dollars in cash. In recent years, housing values across the nation have dramatically risen since the housing crisis in 2008. According to Zillow, the upward trend in home values began in early 2015. From 2017-2018, home values increased by 8.7 percent. Home values in 21 of the top 35 housing markets are higher than they were at the peak of the real estate boom in 2006. This is an excellent option if you need large sums of cash for anything, including launching a startup.

Gorgeous house with large lawn

If you were fortunate enough to purchase a home soon after the 2008 housing crash, you can have access to a large sum of money through a home equity loan.…

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How To Diversify Your Investment Portfolio

The importance of diversifying your investment portfolio is something that most investors are already very much aware of. However, the question of what the reliable ways you can actually go about achieving it and the steps you need to take may still be somewhat unclear.

In order to answer those questions, and to help you form a deeper understanding of the issue at hand, here we will look at the best ways to diversify your investment portfolio and the reasons behind them.

Picture of circle graph showing investment portfolio

Why diversify?

Let’s first take a look at what the ultimate goals of diversifying your investment portfolio should be.…

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How Vehicle Safety Ratings Are Determined

Buying a car means envisioning yourself behind the wheel, driving to and from various destinations—maybe you even picture the windows rolled down and the radio playing your favorite songs as you cruise across town.

Safety text on top of vehicle tires

But what’s more difficult is considering how a vehicle will fare in an accident before you buy it. Though – knock on wood – hopefully you’ll never find yourself involved in any sort of crash, it’s important to acknowledge that it can happen. Only then can you thoroughly evaluate various manufacturers and models based on their safety credentials.

Here’s more on how vehicle safety ratings are determined, and how you can find a safe car at a price suiting your budget.…

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10 Tips for Beginning Day Traders in 2019

Wondering how to become a modern day trader in 2019? The following 10 tips will have you well on your way to success.

Screen view of stock charts

1. Know what is happening in the markets.

“Knowledge is power” is cheesy but true. You likely already know all the basic procedures and hacks, but you have to stay on top all of the latest trends, news, and events which have an impact on your business. A good daily or weekly review of the situation can make all the difference. Make a list of stock you want to deal in and keep up to date with what is happening with those companies.…

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Understanding the Role of a CFO and Its Importance in a Company

The Chief Financial Officer (CFO) plays an essential role in a company. It’s the CFOs responsibility to ensure that the company’s finances are utilised properly and report this information to all of the major stakeholders. The business advisory services that a CFO offers to their company are invaluable in terms of keeping everything financially stable as well as growing the business.

Successful CFO

To understand the position of CFO better, let’s break it down into two parts: the duties and the role that a CFO needs to fulfill. Keep in mind that there are different options for hiring a CFO. You can hire one in house or hire a fractional CFO from CFOshare to provide all the help you need at an hourly rate and a fraction of the cost.…

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Can You Pick Stocks Better than Your 401k?

If you’ve been reading or hearing about the stock market lately, you may be wondering why you’re contributing a percentage of your monthly income to your company’s 401k plan instead of just putting that money directly into the stock market.

Indeed, stories of people who bought stock in Google or Apple early abound on the internet, as do articles stocks about people who followed a gut feeling and struck it rich.

The advantages of a 401k

While a 401k isn’t as liquid as a normal investment account, that isn’t to say that there aren’t any benefits to 401ks. One of the biggest benefits of investing in your company-sponsored 401k plan is the fact that you will likely get some form of an employer match in addition to the percentage of your income you elect to invest.…

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5 Essential Tips to Save Money on Your Business Van Insurance

Running a business is hard enough without having to worry about those little extras that crop up from time to time. Expenses such as business ban insurance can be enough to at least make a good dent in profits and at most drive a business over the edge. With a bit of planning and foresight, however, you can cut the costs and give yourself adequate cover to mitigate against something going wrong.

Business van insurance

Here are our top tips.

1. Use a broker

If you use a broker, they will also help you find the best deal. They know all the tricks of the trade, who might be the best insurers for your particular situation and they also have access to deals that the general public doesn’t.…

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