POST CATEGORY : Finance

Loan or Line of Credit? 7 Key Differences you Need to Know

There are several key differences between a loan and a line of credit (LOC). Differences you need to go before putting yourself at the mercy of a bank loan manager or outside lender.

Business loans

1. A loan is a one time deal

Once a loan is paid off, you have to reapply again if you need a cash-infusion in the future. A line of credit is always there to be drawn upon as needed, provided you keep it in good standing.

2. Loans are largely based on needs

When you need cash, you head to the bank or other creditor and apply.…

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Lights, Camera, Action: Set Up a Home Video Studio on a Shoestring

If you want to get into shooting YouTube videos, one problem you might run into is the perfect setting. Professionals have a studio, but you can’t afford that. Some YouTube content creators set up and tear down sets every day. You don’t want to do that. Here’s a compromise: why not dedicate a spare room in your home or apartment for video shoots? Here’s how to pull it off.

Home video recording

Get a Good Set Of Lights

A 3-point lighting system is pretty much standard. That’s the minimum you want to use. Ideally, you’ll go with four-point lighting, which gives you an extra back light and better control over shadows.…

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Investing your Capital for Maximum Business Growth

Growth should be a core part of the business plan of any organization serious about success. Whatever its size, a business should always be thinking about the future in order to stay relevant and competitive, and the future should always include a vision of growth.

Small business investing

This is a particular challenge for small businesses, which always run the risk of not growing beyond the size they were when they started up, and stagnating as a result. There are many examples however, of small businesses that bucked this trend and achieved remarkable growth against the odds.

Investment is critical to growth and small business owners must understand how various aspects of investment work.…

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5 Considerations to Make When Your Stock Falls

Investing in the stock market can be an incredibly rewarding, and dangerous, game. Many investors are successful in turning a profit every year due, in part, to their choices when deciding whether to keep or sell stock. When you have invested in a stock and it drops, you may be considering whether or not to sell. Included here are a few tips to consider when your stocks fall.

Falling stock prices

Weakness in the Market

When your stocks fall, it is crucial to keep in mind whether the problem is the specific company, or the stock market overall. Weakness in the stock market is never a good reason to sell, as stocks are always prone to rises and falls.…

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Are You Ready for a Mortgage?

As a CEO, you’re used to making some big decisions. Every day, you’re responsible for securing the future of your business, and for helping it to thrive. However, sometimes the most momentous choices that you have to make affect your personal rather than your professional life.

Taking mortgage

The money that you earn from your enterprising endeavours won’t just sit in your bank: you’ll use it to support, improve, and attain the lifestyle that you want. When your enterprise is doing well, you might choose to upgrade your home, and this is where one of these big decisions rears its head.

The question: are you really ready to upgrade?…

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Why Covering Your Business Vehicles Is Important

No matter how good you think you are at fixing vehicles, you and your company will feel much safer having the right cover for all work vans and cars. For many small and new businesses it can be incredibly tempting to avoid the added expense of breakdown cover and any extras, especially when you feel confident fixing problems yourself.

Car insurance

However, this isn’t always the safest or cheapest option. Taking out breakdown cover and insurance for all your business vehicles will keep the business in a good position, especially in the event of any accidents.

Cost-effective Option

Breakdown cover is only really appreciated when your vehicle breaks down part way through a journey.…

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Save Money Sourcing a Business Car

Having a smart, professional looking vehicle is important for most small businesses. Whether it’s just for visiting clients and potential investors, or a necessary asset for the running of your company (such as gardening and catering businesses), this can be one of the largest expenses.

Business vehicles

Many will spend hours scouring the internet for the cheapest used cars and vans available. This isn’t always the most cost-effective method for sourcing a vehicle for your business though. For new and small companies especially, paying for a new or used car upfront can be a struggle and result in losing money in the long run.…

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The Many Benefits of Mobile Trading Platforms

For most forex traders, investing is something of a sideline. Many have existing businesses to deliver an income, and a multitude of commitments aside from those connected to their trades.

Mobile trading platforms

As a result, the advent of mobile trading – easy, straightforward, and perfect for investing on the go – has proved something of a revelation. It has opened the markets up to a whole new breed of investors, from entrepreneurs to housewives to overworked CEOs.

If you’re considering entering the world of forex yourself, here are three reasons why a mobile trading platform might prove the perfect choice for you.…

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Financial Pointers for the Start-Up Business Owner

Working for yourself and running a start-up business can be a dream come true for many, being both rewarding and profitable. However, if taking the risk and setting up on your own is something you’re willing to do, make sure you know which financial pitfalls to avoid. We’ve put together a guide below, covering some of the common money worries new business owner have, plus how to avoid them with our expert pointers.

Startup finance

Just Starting Out? Get advice before you jump ship and set up

If you haven’t set up your own business yet, or at least fully committed financially, get some advice.…

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How Crowd Funding is Best Option to Commence Startups

Any entrepreneur that is far off from the reach of domestic or international network of venture capital can rely on something that is modern and practical. This is the method of “Crowd Funding” that can get the much needed initial case or seed capital to an entrepreneur and have things commence as per the planned dates. Although many ecommerce online platforms and email marketing platforms like Mailigen are active in each continent, while some are pretty common across entire globe, but there are few things that ensure a successful crowd funding campaign.

Crowdfunding

  1. Idea: The entire business proposal or idea that the startup will be based upon matters a lot.
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