Sticking with the regular frameworks of the financial industry might not always be the best fit, at least when it comes to the digital era. Yes, things are changing according to the client requirements. Because of that, companies within this niche need to adapt. And there are a lot of things to consider here,...
Being the owner of a small business has its own set of advantages. You are your boss but then again you need to have the majority of the responsibilities in your head. You need to manage the finances with efficiency and take decisions that would drive your business’s success. There are a lot many...
A review of the different money transfers options for electronically transferring funds for business or personal accounts Whether you are a business, entrepreneur or individual, you need to know the basics of transferring money from one bank account to another. Depending on the type of transfer you want to make, different types of money...
A commercial mortgage is a non-residential mortgage that may be able to help your small business expand and increase capital – here are the pros and cons If you’re a business owner you’ll likely have considered taking out a commercial mortgage, whether it’s to buy a new commercial property or extend your current premises....
Everything a small business needs to know about how a business credit score is determined and how to improve your credit standing What is a Business Credit Score? Your business credit score is a number that tells potential lenders how likely it is that you will repay the loan. It’s based on your past...
Options are becoming an increasingly popular asset, mainly because of their cost-efficiency. Since the derivative gives you access to greater leverage, you can secure a position at a significantly smaller cost. For instance, if you buy shares of an $80 stock, you’d have to pay $8,000 to purchase 100 shares. If you were to...
Most of us aren’t that vigilant and efficient when it comes to managing our finances. There comes a time in everyone’s life where our financial situation seems either too static or going down the hill. There isn’t enough in the savings accounts, you are always spending way too much every month than earning, and...
How to deal with some of the typical business financial challenges you will likely face as a small business owner Running a small business is already a challenging endeavor. Aside from all the challenges small business owners face on a daily basis, like risk and staff management and a never-ending race to beat the...
Money doesn’t always buy you success – these business issues unrelated to money can also cause your small business problems Nine out of ten startups fail during the first five years. Sure, the main cause behind this is usually the lack of funds required to keep the business running, but this isn’t always the...
How to pitch your business idea to get potential investors interested and practically begging to give you money If you want to enter the business world, the first thing you’re going to need is a good idea. And if you’re not going to finance the business yourself, you’ll simply have to know how to pitch...