POST CATEGORY : Finance

How to Use Your Business Credit Score to Your Advantage

While many business owners are more than aware of their personal credit scores, there are many who are simply unaware of how their company’s credit score contributes to their potential success.

Business credit score

As most professionals know, a good, clean credit score can be the difference between loan or mortgage approval. If you have ever applied for credit, a lender will generally use this metric in their assessment of you and the risk you pose to their business. This three figure number (generally between 300 and 900) is a representation of your history of how you have handled credit. This information is widely available in 2018, meaning that there is no excuse not to be familiar with how lenders treat you, considering that almost everyone has access to their free credit score.…

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Superannuation Solutions for Every Size & Type of Business: Find the fund that is right for you – no matter the business you are in

Choosing the right superannuation fund for your employees can be a complex process regardless of the industry you are in or the size of your business. The number of superannuation fund options is vast and, even though you may already be an experienced employer, the laws and requirements concerning employers and super are not always easy to master. From 1st July 2018, new legislation regarding super will be coming into effect – adding further considerations to the existing rules. Therefore, it is crucial to have a clear strategy for selecting super for your employees.

Superannuation solutions

This article will discuss different sizes and types of Australian small businesses, the common superannuation problems that employers in these businesses tend to encounter, and what superannuation strategies these businesses could employ to solve these common problems.…

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How to Find Money to Start Your Own Business

Entrepreneurial endeavors are becoming more and more commonplace as technology continues to place the tools to do the job in the hands of regular people. The path to starting your own business is no longer shrouded in obscurity.

Business start up funding

The steps are easy to figure out, and with a quick online search, you could be on your way to business ownership within a few days (though we would not recommend moving that quickly through the process). The problem is, how to fund your new business?

Take a few moments now, and check out some of the most effective ways to use the internet to find the money to start your own business.…

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How to Start Your Investment Portfolio Construction

Starting an investment portfolio can be an intimidating task. Whether you are planning to monitor and trade regularly or set up a one and done growth portfolio, the amount of time it can take to set up a solid plan for growth with your money can shake even the most stedfast of us.

Investment portfolio construction

Although it can be intimidating, setting up a stock portfolio is a great way to build your wealth over time, and can even be the reason you never “work” again. Getting there takes time, patience and market knowledge, but it all starts with the construction of your investment portfolio.…

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The Power of Anticipation

As a professional you experience a multitude of problems on daily basis.  If you don’t know how to handle all the pressure, then you’ll break. So, what should a professional do? Read on.

Thinking businesswoman

“Just try and be present” is something people with anxiety and stress hear an awful lot. It’s not bad advice, but it’s also a little vague. No one really says what “being present” means. If it means moving forward with your life even in the face of adversity, then that’s a good thing to tell people.

We all want to be able to close our eyes and just experience life as it is in that particular instant, but it’s so much easier said than done.…

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How Does a Business Cash Advance Loan Work?

In recent times, Merchant Cash Advances (MCAs) have continued to grow in popularity. This loan product began as a solution to loan future sales of credit cards. It would later evolve into a solution that allows organizations to finance future sales of many other things. A business cash advance is probably the best way to define it. With this type of cash advance loan, you can sell off your future sales and get financed quickly.

Business loan

This is a short-term financial solution whose payback time occurs in months. The repayment process starts almost immediately. The lender can either choose a part of your continued sales or debit your business bank account on a daily basis.…

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Which Makes More Cents In Canada: A Big Banking Institution or a Credit Union?

Credit unions perform the same functions as banking institutions around Canada, but not everyone knows what they are or how they work. Whether the average Canadian is looking to invest their money in a savings account or borrowing money for a home or car purchase, they typically go straight to their local bank lender. But that might be a mistake. Not investigating the many opportunities to join a credit union and reap the benefits may have many consumers missing the financial boat.

Credit union

It isn’t just Lehman Brothers who got caught doing unscrupulous things over the past decade; Wells Fargo is still involved in a class-action lawsuit for signing up customers for products unwittingly and using their banking information without their clients’ knowledge.…

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Benefits of Contract Hire for Small Businesses

Today, so much work is conducted on the information superhighway, that it is easy to forget that we still need to spend a certain amount of our time on the real one, too.

For a manufacturing business or a retail concern, you will probably have at least one or two vans that you lease, but for other businesses, the thought of vehicles is one that is often shelved, and you will either drive around in your private car without a second thought, or perhaps purchase one through the business.

Businesswoman and her contract hire business car

Both of these courses of action can be big mistakes, and even if you are not spending huge amounts of time on the road, you will almost certainly find you can save money and bring other business benefits through a car lease.…

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Forex Trading Tips to be a Successful Trader

There are many who are working on Forex market to gain profits from it. The trading is exciting and often educational for the traders. Here are some trading tips that you may want to follow:

Forex trading using mobile device

Plans must be made and followed

The trading is important for you and so you should make proper plans before starting the career. You should know what the reasons of failure in this trade are and then you can plan the ways to be taken for successful career. You will also have to define the time frame you must give for the trading purpose and what your aims are while trading?…

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Spending Smart by Maximizing Technological Investments

Technological investments are a part of business. Your business can spend $1 million to invest in new technology and equipment, but how will these technologies transition to profit? That’s the question.

Technology investments analysis

Increased investment doesn’t necessarily mean improved financials.

And small businesses need to know how to maximize these investments, or maybe they shouldn’t invest in certain technologies too early. Oftentimes, a small business will make an investment that keeps them cash-strapped and not able to recoup their money fast enough.

Missed opportunities can be a result of these decisions, which leads to lost financial gain.

Business Case Analysis

Subjectivity in an investment can be offset by business case analysis.…

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