What Are the Main Advantages of Investing in Gold?

While there are few true safe-haven assets in the global financial space, gold is undoubtedly one that fits this coveted description.

Gold investing

photo credit: Michael Steinberg / Pexels

In addition to being a relatively secure store of wealth and a precious metal with at least some industrial demand, gold also provides a viable hedge against the inflationary pressures of fiat currency.

This can prove invaluable during a recession and periods of economic decline, which is just one of the reasons why the value of gold soared and achieved brand new highs during the coronavirus pandemic through 2021.

In this post, we’ll explore the main advantages of trading and investing in gold, especially in the current economic climate.…

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All You Need to Know about Guarantor Loans in the Coronavirus Crisis

Usually, it can be tricky to get a loan if you have a poor credit score, but guarantor loans are changing that. As we come out of the coronavirus crisis, many of us are reassessing our finances and considering what is important to us, which is leaving many people searching for help from credit providers.

Consider guarantor loans during the pandemic

To help you, we’re giving you everything you need to know about guarantor loans before you approach a payday loan direct lender to secure the cash you need.

What Is A Guarantor Loan?

A guarantor loan can make a good alternative to a standard personal loan, particularly if you have poor credit.…

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The Rise of Data Science and Big Data: Everything You Need to Know

Everything we do produces data. In the past, that data has to be recorded to be useful in any meaningful application. Today? Today you cannot escape it. Apps track each other, information that you gave to one site might be available to others, and of course your behavior, your accounts, and more are all logged. Your behavior is worth money, and today they can quantify it and commodify it.

Big data science

There are new privacy laws coming into effect that are set to improve the control you have over how other company’s track you, but they are still slow coming. What is more, the power and potential of what data science and Big Data can do for the world mean that it is in everyone’s best interest if certain types of data are universally available – albeit not connected to you.…

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The Ins & Outs Of Investing In Commercial Real Estate

Looking to venture into the world of commercial property investment? Investing in commercial properties can differ in select ways from residential property investments.

Commercial real estate investing

For this reason, it’s recommended that investors looking to diversify their portfolio with some commercial properties first engage with the unique considerations that need to be made both by commercial property owners and tenants alike, ranging from fitting the property for retail or industrial operations, as well as navigating long-term leases.

As the owner of a commercial property, you can imagine that your responsibilities can take on a different vein to the responsibilities of your commercial tenant. We’ve taken it upon ourselves to outline for you just what you’ll need to know in order to land your first commercial property investment.…

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5 Professional Development Ideas for Small Businesses

No one is born exceptional at their job, nor is there a shortcut to success. Every brilliant leader spent years honing their skills, and businesses do not become empires overnight.

Professional development

In a constantly evolving market that is becoming increasingly competitive, the key to achieving your goals is through professional development. It does not only enhance your current skills and keep you up-to-date on industry trends. It also allows you to gain a clearer perspective of the business landscape, enabling you to create a more effective strategy and come out ahead of your competitors.

Here are four professional development ideas that every small business should consider.…

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How Tech Is Changing the Way Small Businesses Run

Technology propels companies forward, from streamlining processes to boosting security to improving communication and expanding research capacity. However, it is also evolving at a breakneck pace, and keeping track of the ongoing advancements is an enormous challenge.

Businesswoman using tech

In a tech-driven world, any company will not survive without embracing the changes. To determine which tech is most suitable for your organization, let us first understand how technology is reshaping the way businesses work.

Candidate Tracking Systems

An expanding business needs new talents to sustain its growth. Recruiting an HR staff to handle the hiring process is a crucial step. However, it is not enough to get the best candidates.…

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An Ultimate Guide To Keeping Your Startup Safe From Financial Frauds

As a startup, you don’t have a lot of data to protect compared to other massive companies. However, the small amount that you do have is extremely valuable and, if leaked, can ruin your business completely. More than three million people in the US alone have been victims of a financial scam in a single year.

Protecting against financial fraud

In reality, avoiding these frauds is not all too difficult if you implement the necessary measures. The following six tips will help maximize your startup’s safety and make you a poor target for any potential scammers.

1. Fortify Your Cyber Environment

With almost all crucial data and transaction information being stored online, it’s vital to put robust systems into place in order to stop anyone wanting to access it from outside.…

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Tips for Setting Up a Food Truck Business

Food trucks have become quite a cultural phenomenon in the last decade. However, since the fallout from the global pandemic caused many restaurants to close or radically change their setup for social distancing needs, more people are considering turning to a food truck business rather than one in a set location with expensive rent.

Fancy food truck

If you’re thinking of launching a venture within the next year, here are some tips to help.

Do Your Research

It’s crucial to look into who your target market might be and where these people frequent. What kinds of foods do they like, what price points do they buy at, and what type of marketing appeals to them?…

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How to Keep Scams from Hurting Your Business

At even the best of times, it can be challenging to be a business owner. Unstable supply chains, unreliable employees and, yes, pandemics can throw a big wrench into things. The last thing you need is a scammer showing up and trying to take advantage.

Business owner managing his buiness

Photo by Monkey Business Images, courtesy of www.shutterstock.com

Unfortunately, scammers are everywhere. That’s why it’s so important for you to know how to identify them and stop them from affecting your bottom line.

Whether they come by phone, email or even in-person, you can stop scammers in their tracks by knowing the following:

Phone/Text Scams

We’ve all gotten them: calls or texts from phone numbers that look familiar.…

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Invest in Every Employee

Investments made in any business activity are always measured by the returns they give. Be it an investment in a plan, product, or even in employee training, a business always expects returns that compensate for the investment made.

Happy employees

Investing in employees and their training procedures often maximizes profits and minimizes expenses. Effective employee training results in reduced turnover time and a lesser number of fines because of incompliances. Proper training can enhance revenues through augmented sales and high productivity.

Investing in employees can evidently enhance profits through a planned process that results in:

  • Retaining the existing clients
  • Increasing the upselling
  • Short sales cycle
  • Growth in productivity
  • Reduced turnover rate

Role of Human Resources in the Investment of Employee

While human resources training seems to be never-ending, it’s actually for good reason.…

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