As an accountant, you know that the industry ebbs and flows throughout the year. During tax season, you are flooded with orders from people who are trying to avoid audits and the tax man. However, the rest of the year, things can get pretty lean, unless you have a few big clients that provide steady work. As such, you may have thought about growing your business, but do you know the best way to do that? Well, after reading this Andrew Argue review, you will. Continue reading “Take Your Accounting Firm To The Next Level With Andrew Argue”
Setting up your new business is a rewarding, exciting, if not stressful time of your life. You’re about to launch something that could completely revolutionize your life, and you’re finally able to work for yourself rather than for someone else’s company. Getting started is probably one of the hardest parts of being a business owner. You’ve got to try to work two jobs at once – unless you can take a break from a full-time salary. You’ve got to create a business plan that can withstand intense scrutiny. You’ve got to find ways to attract customers. You need to plug any skill gaps and work out whether you need contractors or in-house employees. Continue reading “Business Funding Routes You Probably Haven’t Considered Yet”
The most important role for any small business owner is managing cash flow. Let’s face it, without bucks there would be no buck rogers, so keeping your eye on the cash coming through your business is a necessary function if you want to survive. However, there are times when you need some extra cash. Maybe it is because you are growing too fast, or maybe you need to buy new equipment. Either way, a little extra cash every now and then can come in handy. Here are five hacks to help get you the money you need for your small business. Continue reading “5 Hacks to Get Money for Your Small Business”
Are you in full control of your business’s finances? The financial affairs of an organization are a huge concern for many business owners and the longer this problem persists, the worse it becomes. However, there are many ways you can take action and start to control the financial side of your business in a much more effective way, including the tips mentioned below. Continue reading “How to Control the Financial Side of Your Business”
There are not many small businesses and startups that focus on the financial industry, despite the market being very lucrative and competitive at the same time. With the economy growing at its present rate and the financial sector as a whole showing significant signs of progress, setting up a business in this field may lead to the great success you have been chasing. Continue reading “The Financial Industry: 3 Reasons to Explore It”
Having a poor credit report can affect you in a multitude of different ways. Not only does a poor credit score limit you from borrowing more money in the future, it can also get in the way of finding great jobs, as many employers – especially those working with finances – will run a credit score on job applicants beforehand. Continue reading “How to Improve Your Credit Score Before Starting Your Business”
With the volatile economic climate of 2017, and a number of surprising election results, the prospect of making money on the stock markets is becoming increasingly attractive to a wide range of people. However, getting involved in forex trading can be easier said than done. Without an easy to use forex trading platform and a number of tools to help you along the way, it’s likely you will struggle. In this article, we’re going to take a look at some of the points to consider when choosing a forex trading platform as a beginner. Continue reading “How to Choose a Forex Trading Platform”
According to the Small Business Administration, if you’re using credit to finance the startup costs of your business then you are not alone. As of 2011, 65 percent of business owners were financing at least some portion of their business on a credit card or through a loan of some kind. Building business credit is crucial to the success of a startup long term, but even the SBA admits that’s a difficult proposition for the short term. Continue reading “Why Personal Credit is a Major Factor in the Success of Your Startup”
When you invest in shares, it is important to regularly review the news because it affects the stock prices. The news may be good, bad, or neutral and you must be able to understand its possible implications and how much impact will it have on the stock markets. Continue reading “Impact of the News on Stock Prices”
In case you are applying for a business loan, there are some essential tips which can help you get proper funding for your business plan or expansion needs and help to protect for business loan rejection or tax deduction.
Are you applying for a business loan? You should definitely follow a few tips which ensure success as far as getting funding for your blueprint or business plan is concerned. Submitting your very first business loan proposal can be a hugely daunting affair with the gazillions of financial documents required along with a thorough scrutiny of your personal and business credit history as well. Here are five tips that will help you get your application successfully approved without any hitches. Continue reading “Everything about Business Loan Explained: Interest Rate to Tax Deduction”
For many years, if you wanted a loan to finance your business, your only option was going to the bank. Times have changed, though, and there are now a host of non-traditional small business lending options. If you need money to get your business off the ground or to expand it, here are a few options: Continue reading “Non-Traditional Small Business Lending”
Ask any business owner, big or small, what the biggest challenge is when running a company, and they will tell you it is managing finances. What makes it so difficult? Many people feel that a company will only function successfully once it has acquired clients. While this is partly true, what is equally important to a company’s success is how well it can manage, and strike a balance between the funds that come in and go out. Continue reading “How to manage your working capital requirements”
Many small business owners find that at some point in their business’s lifespan they are in need of a little extra cash. The reasons for this sudden influx of money will vary from business to business, but there is one thing they all have in common: their business likely won’t survive without it. And that’s where small business loans come in. However, getting a small business loan isn’t necessarily as easy as getting a car loan or even a home loan. So to help you get the money you need to keep your business running smoothly, here are three tips for acquiring a small business loan. Continue reading “3 Tips for Acquiring A Small Business Loan”
Accounting is one of the most important aspects of any enterprise, but it’s still surprising how many small business owners are completely unaware of basic accounting principles. If you’re a small to medium business owner who handles most of the accounting in your business on your own, or have your have your accounting done by an accounting department or a third party, there are some crucial mistakes that you need to steer away from if you don’t want to face severe consequences. In this article, we’re going to touch on five of the most common mistakes business owners make when it comes to accounting. Continue reading “5 Common Accounting Mistakes Small Business Owners Make”
If you have recently started a business, you know just how much time and energy it takes to make a business succeed – or even stay in business. Keeping a business financially afloat is one thing; keeping your personal finances afloat at the same time is another. If you are running a business, make sure you do what it takes to avoid these common personal finance traps that afflict entrepreneurs too often. Continue reading “Personal Finance Traps That Affect Entrepreneurs”
It’s time to make New Year’s Resolutions and yours may just be to start your own business. Maybe you are tired of making money for someone else while struggle to make ends meet, or maybe you simply have a great business idea and want to put it into action. Whatever the reason you want to start a business you’re going to need some money. Continue reading “Four Tips For Funding And Starting A New Business In The New Year”
As a business in operation, there are a lot of things to be attended to ensure that things are being done and money is being made. The idea might be simple, but entrepreneurs find that the acting out of those ideas becomes increasingly complicated as the business grows. In business, the number one concern is that the company is equitable and that the cash flow statement reflects positive numbers. Continue reading “3 Ways to Make Your Business More Equitable in 2017”
Regardless of whether you’re investing in short- or long-term opportunities, having good control over your investment portfolio is still a must. A strong portfolio with healthy investments will have a much better return, especially when you start looking at your portfolio as a way to grow wealth in the long run. Continue reading “The Different Ways Good Portfolio Management Can Help You in the Long Run”
Budget airline EasyJet has seen its profits fall by 28% amid tough economic conditions. Chief executive Dame Carolyn McCall said that the company would remain “resilient,” despite the setback, which has largely been attributed to the economic uncertainty associated with Brexit as well as the new-found threat of global terrorism affecting what were previously popular holiday destinations. Continue reading “EasyJet Profits Fall in Response to Economic Uncertainty”
We have seen that there are three important financial statements for any public limited company. They are
- The Balance Sheet
- The Statement of Profit & Loss
- The Cash Flow Statement
Starting your own business, even if it’s small, requires money. Startups face more and more challenges because they have no record of success. Knowing where to look for money will give life to your new business. Continue reading “7 Creative Ways to Fund Your Startup”
Ras al-Khaimah (which literally translates into ‘top of the tent’) is the northernmost emirate of the United Arab Emirates (UAE). While the emirate does not get the same level of attention as Abu Dhabi and Dubai, it should. The government is pro-western and pro-investment and foreign businesses are beginning to take notice. As such, here are six excellent reasons to invest in Ras al-Khaimah Continue reading “6 Excellent Reasons to Invest in Ras al-Khaimah”
The current exchange rates for the GBP are, as we all know, very low, the pound is weak compared to other currencies such as the US dollar and the Euro. While this can mean good business for those who manufacture and sell from within the UK, for those who import or sell products abroad, it can mean lower profits.
Using lines of credit can help companies who are facing these challenges – so what are lines of credit and how do they work? Continue reading “How to Use Lines of Credit: Weather the Storm!”
The concept of crowdfunding isn’t waiting to hit it big – it already has. The numbers plainly tell the tale with more than 600 crowdfunding platforms around the world raising billions of dollars in the few years that it has rested high in the public consciousness. What exactly is crowdfunding? It’s exactly what the name implies; a way to raise money for almost any project by soliciting small donations from many individuals. There are a variety of ways to go about crowdfunding your business startup. Here are some of the most effective approaches for startups: Continue reading “Ways to Crowdfund Your Startup”
Kolkata has always been considered the underdog of Indian real estate market but seeing how the city is showing signs of stability even when the Indian real estate market is about to hit the real estate bubble, is slowly bringing Kolkata in the limelight. In the recent times, Kolkata Real Estate has been in the news for all the right reasons – from finding itself on the top in the list of cities with least commercial space vacancy to new infrastructure developments aimed at the growth of Kolkata property market. Continue reading “A composite study of Real Estate Performance – 2016 Results”
A group of financial experts have identified 5 winning financial peculiarities, which will make every business prosper. Yes, there are plenty strategies, which the websites offer to consider, but not every strategy will lead a businessman to success. Finances are the complicated subject, which prefers people, who can wisely deal with them. Every responsible and promising entrepreneur should 5 crucial things about the successful business! Continue reading “5 Killer Financial Tips for Successful Businessmen”
When it comes to financing a business, there are many different options for securing working capital. Some businesses operate completely based on revenue. Others get help from banks or investors. Some entrepreneurs even have enough savings to pour their own assets into their businesses until the ventures begin to turn a profit. Unfortunately, there might be instances where none of those options are workable for your business. You might have a series of customers who haven’t paid their invoices yet, leading to a temporary cash flow problem. Your business might be too young and green to attract investors or get approved for a traditional bank loan. And you might not have the savings necessary to keep your business afloat for the long-term—at least not without risking your personal financial future. Continue reading “Two Reasons to Get a Working Capital Loan for Your Business”
Why Do Companies Need Accounting?
The owners and managers of any business need records of monetary transactions. These records are useful to measure the amount of money invested or spent during a given period of time. Also these records inform the readers about the profit or loss resulting from the operations during a given period of time. Accounting helps in summarizing vital details that are used in planning and strategizing future course of actions for a business organization. Continue reading “What are Corporate Financial Statements?”
Loans against security are gaining public confidence of late. Read on to find about the current trends related to this popular option in India.
Did you know that loans against shares have sharply increased to 78%, pushing retail growth to 18% year on year in November 2015? This RBI data analysis published in The Economic Times mentions that this steep rise is reflective of the burrower’s confidence in this funding option.
There are various types options that can be used as collateral for loans against securities, including demat shares, mutual funds, gold deposit certificates, Kisan Vikas Patra, National Savings Certificates, life insurance policies and more. In this type of funding, you pledge your shares for one year to raise the required burrowing sum. Continue reading “Loans Against Security: A Trend Analysis”
Can home loans be a type of loans against property? Read on for what you must know before taking a home loan and how Budget 2016 favours borrowers.
Finance Your Dream Home
First time home buyers are now eligible to get an extra tax deduction of Rs. 50,000 on home loan of up to Rs. 35 lakhs, subject to the fact that the property must not be worth more than Rs. 50 lakhs, according to the Budget 2016 released by Finance Minister Arun Jaitley, according to an article published in Hindustan Times in February 2016. Buying a house of your own is no less than a lifetime achievement for some. While some people invest their lifetime savings, others opt to borrow money and pledge their future earnings. Borrowing money from a bank or NBFC could be an overwhelming procedure, especially if you are a first time buyer. Home loans are generally loans against property. The house to be bought acts as collateral. Banks and NBFCs generally finance up to 80 percent of the property value. Continue reading “Loans Against Property and Other Home Loans”