Insights, Ideas, Results
They say money can’t buy happiness, but that doesn’t stop many of us from daydreaming about raking in the big bucks and living the life of a billionaire. As a small business owner, your first billion dollars can seem a long way away. However, following the advice of the entrepreneurs that came before you can give you the best chance of living the high life in the future.
Money in the bank is everything to small businesses. If you don’t have enough cash, you will experience cash flow problems which could hold up some of your operations. You also need plenty of money to help the business grow and develop. Not only that, though, but it is also useful to have plenty in the bank if you ever hit a rocky patch.
But even though money it acutely important to small businesses, there are still some who aren’t looking after theirs as well as they should. Here are some of the ways various small businesses regularly put their money at risk.
Starting a new business is always exciting. The economy is growing at a steady rate, which means your startup is enjoying more businesses and getting bigger by the day. At some point, however, you may need to start thinking about your startup’s finances and whether you need a financial advisor.
So, does your startup need a financial advisor? The answer is most definitely a big YES. We are going to take a look at how an experienced financial advisor can help your startup grow at a healthy rate and reach new heights.
Thinking of trading in CFDs? You are not alone. In today’s market, any determined, ambitious and patient person can trade securities, either as a part-time job or as a full-time broker. CFD trading is becoming more popular by the season, with people developing careers and professions from it. Some people have perfected their trading skills such that it has turned out so successful for them; they would rather not do anything else.
The contract for difference (CFD) is an agreement between a seller and a buyer demanding that a seller pays the buyer the difference between an asset’s current value and its value during contract time. If the gap in question is negative, then the buyer has to pay the seller.
For small business owners cash flow is king. They do not have large line of credit or other ways of easily accessing the cash. Many times they will find themselves in a crunch situation when vendors are waiting at the door for the payment and you are not able to get the cash from your customers fast enough. You may need to resort to unconventional methods to get that short-term cash quickly. One of the ways to do it is by selling or putting away gold or other high value items as collateral in the hope that you will be able to pay back that short-term loan quickly. Here are 4 ways to quickly raise the cash you need by selling valuable items.
Getting higher education by attending college is more important than ever in this global economy. At the same time, it has become more challenging to support the cost of attending the college. Ideally, students attending the college should not have to worry about how they are going to pay for it and instead focus their effort on gaining knowledge and studying, but in reality it doesn’t work that way.
With so many options available to you, finding the right car for your business can be difficult. Since most small startups are working on a strict budget, they can’t afford to pay for all of the additional features that many manufacturers try and entice you to buy either. Fortunately, there are still some basic models that come fitted with the kind of technology you’ll need as standard. Here are 4 important attributes you should consider when purchasing a new vehicle.
Whether it’s a part of your mobile sales team or you run a delivery service, a reliable vehicle is essential for many different kinds of businesses. Finding something that suits your requirements is often the easy part, but figuring out how to successfully finance the vehicle is another story. Here’s what you need to know about sourcing your next car.
A new vehicle is often one of the most significant purchases a business needs to make. This is especially true for small businesses who can’t afford to make a mistake choosing something that doesn’t fulfill their needs. While everyone’s criteria will be different, there are a few rules that every buyer should follow. Here’s what you need to know.
Taking the first step onto the property ladder is a big move in any person’s life, so it is important that you do not rush when deciding about it. Read up about mortgages as much as you can as there are lots of websites with plenty of useful information, such as the Australian Competition and Consumer Commission website. When you know the type of mortgage you require, you will then need to find a reliable and trustworthy broker to help you make that first step.
