5 Common Reasons That Small Businesses Fail, and How to Avoid Them

Establishing a new business can be a daunting task. However, what is even more challenging is to ensure that the business sustains its initial years and flourishes in the long term. For entrepreneurs, the initial years of their venture are the most difficult. It has been observed that approximately half of the start-ups are not able to overcome the challenges faced during their primary years. The common reasons for failure among most businesses are the same, but fortunately, they’re avoidable. Some of them are mentioned below:

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5 Common Reasons That Small Businesses Fail, and How to Avoid Them

Establishing a new business can be a daunting task. However, what is even more challenging is to ensure that the business sustains its initial years and flourishes in the long term. For entrepreneurs, the initial years of their venture are the most difficult. It has been observed that approximately half of the start-ups are not able to overcome the challenges faced during their primary years. The common reasons for failure among most businesses are the same, but fortunately, they’re avoidable. Some of them are mentioned below:

Continue reading “5 Common Reasons That Small Businesses Fail, and How to Avoid Them”

Factors to Know before Getting Personal Loan: Flat Rate vs. Reducing Balance Rate

Personal Loans are all-purpose, unsecured loans that can be raised for an array of needs. There are no restrictions attached, whatsoever on the end use of the funds; and thus this credit product extends a lot of flexibility to the borrower. 

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7 Things You Need to Understand Before Starting a Franchise

Most people imagine that starting a franchise is an easier way of starting their own business. Franchising has been on the rise here lately, but this is not to say that starting out one means that will automatically be a roaring success.  Anyone who wants to purchase a franchise must do his or her homework well. With the right information, you can have a better chance of making their venture a success.

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Why Businesses Might Want Purchase Order Financing Instead of a Loan

Business owners are excited to grow their business and rarely begrudge any customer that shows interest in dealing with their startup. In the heat of the moment, some large orders may be accepted that the business may not be able to afford to fulfill. A better alternative to breaking the contract (which you never want to do) or taking a loan is purchase order-financing. This form of funding can aid startups and even smaller-scale businesses in gaining the trust of their buyers, by actually leveraging the trustworthiness of those buyers in securing the financing. If we analyze the application process  and advantages of purchase order-financing over taking a loan, we can find out which is the most useful for a given business scenario.

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What Are The Best Real Estate Investments You Can Consider

So, you want to become a savvy investor. After all, you know that saving money alone won’t cut it; you also need to invest a portion of your income to become financially free down the road. And while many people seem to think that investing refers solely to stocks, those who go the traditional route still believe in real estate investing.

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4 Ways to Look After Your Business Funds

When you are managing a business, it can be difficult to maintain the capital that you started out with, especially in the face of potentially damaging costs and the financial impact of running your business. However, if you are looking for easy ways to keep your business financially afloat, here are some top tips for aspiring entrepreneurs.

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Confused where to invest? Select best investment options

Most individuals look for an opportunity to invest, to increase wealth. Among the attractive investment options available to individuals, Bank Deposits come very low with fixed and rather poor returns. Next in line comes investment in the share market either directly or through mutual funds, which require commitments over a long period. When opting for any investment, two things stand out, the long gestation period for investments to give good returns as well as the risk involved in trying to get maximum returns. We will in this context, examine some options for optimum investment returns in 2019.

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Which is Better for a Couple: Joint Term Insurance or Two Separate Term Plans?

The most affordable form of life insurance is a term plan. It offers complete life coverage over a specific period of time, and in case of the death of the insured, the beneficiaries are paid the lump sum. It is important to understand what a term plan is before making a buying decision. A term insurance plan is offered at a low premium. It provides for complete coverage for life. Hence, when you buy a term plan, you can ensure the financial security of your loved ones in case if an untoward event was to occur.

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Bitcoin ATMs Revolutionizes the Cryptocurrency Trading

Why torture yourself with the long, tedious process of traditional cryptocurrency exchanges when you can skip the hassle and join the company that aims to give the best cash to crypto experience possible. CoinFlip provides the newest generation terminals, which make the purchase and sale of cryptocurrency much easier. A company that offers retail technology, CoinFlip, is a trendsetting leader of its kind. They have given the market the very first cloud-based rules and adjudication engine, which incorporated retailer POS systems and loyalty programs.

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Insurances: Safeguard for Today and Tomorrow

Savings should always be significant. All earning individuals understand and appreciate the need of a significant amount of savings to address all future needs. The requirements can be multiple, be it the event of a marriage ceremony, buying a new home or vehicle, children’s higher education or medical expense of elderly parents, need of money is indispensable in all situations. The case worsens under conditions of untimely death of the only bread earner of the family. It is always advisable to opt for term life insurance to take care under such circumstances.

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