Posts Tagged“finance”

Just like an individual wants to save as much money as they can on their bills, so does a business. Companies can end up spending quite a bit of money a month for their utility expenses. However, there are ways for businesses to reduce the amount they spend monthly. Before you can understand how companies can become eco-friendly and sustainable, you need to see ways they can reduce their energy usage; you need to see what options are available to lower their utility bills to a reasonable amount. Keep reading for the top six ways for businesses to lower their…

All businesses need capital to get started and/or grow, and most businesses will need to seek funding or a loan to do it. Your first options are to fund the business yourself, if you have the savings to do it, and to seek venture capital or angel investments from outside investors. If those two options don’t work for you, your next best option is to seek a business loan. How Business Loans Work Business loans work much like personal loans. You’ll receive a sum of money upfront, and you’ll eventually be required to pay that money back, with interest. There…

Few businesses can succeed without a significant injection of capital, and unless you’re already wealthy or lucratively well-funded, you’re going to need business loans and lines of credit to get by. You probably understand that your credit score will have a bearing on whether you’re able to secure these loans, and what terms you’ll get if you’re successful, but you may not realize that there’s a sharp distinction between personal credit and business credit. So what is this distinction, and how should you handle business credit differently? How Personal Credit Works It’s most effective to describe how personal credit works,…

Financial specialists like Stephen Buzzi often come across people who believe a forbearance agreement and a mortgage modification to be one of the same thing. However, this isn’t entirely true. Essentially, when someone enters into a forbearance agreement, they can miss a monthly payment, or pay less towards their monthly payments, for a period of time agreed with their lender. The penalties and unpaid interests are then added to the loan principal. By allowing this, a mortgage provider enables a homeowner to recover from a financial difficulty. To be accepted, most will require to complete a forbearance form, which can…

You’ve finally made it to India, a place of holy men around every street corner, to finally visit your guru at his ashram, which you’ll do tomorrow. You’re now in transit, sitting in a restaurant in Mumbai, after having just finished a delicious curry and chapati, with your backpack securely tucked between your legs and out of the way under your table. After you pay your bill, you head out again into the hot afternoon, eager to explore what Mumbai has to offer. However, after visiting a few bazaars, the weather and the heavy meal you ate makes you sleepy—so…

Getting funding for anything can be a tricky business and whilst saving up is always an option, you will find that the time you need to work in order to save up, will take you away from what it is that you need the money for. Thankfully, we live in a modern world where it has never been easier to get funding for an idea or an incentive and today we are going to focus on scientific research in particular, and how you can get the money together to make it happen. Newton’s List Newton’s list is a great place…

Despite recording its worst January in three decades this year, down 2.7% against a basket of other major currencies including the pound, the U.S. dollar had been on a bull run since Donald Trump’s shock presidential election victory in November. One British pound currently buys around $1.25, down from $1.35 immediately prior to the Brexit vote. Experts such Mark Astley, CEO of currency management specialists Millennium Global, expects GBP to drop to as low as $1.2 by some point over the course of 2017. With most analysts expecting the USD to resume its surge over the course of 2017, what…

Are you trying to determine if credit card debt consolidation is the best choice for your personal situation? As with anything in this life, there are upsides and downsides to consolidating your credit card debt. To help you determine if this is the best choice, we’re going to share the pros and cons of consolidating credit card debt. So take a look and see if this is the best course of action to meet your specific needs. Credit Card Debt Consolidation Pros Eliminate Multiple Monthly Credit Card Payments and Roll Them into One Unfortunately, some people are just so disorganized…

Creating a budget plan is the first step to successfully getting out of debt and planning a strong financial future. However, making an effective budget and sticking to it isn’t always as easy as it sounds. Here are seven free online budgeting courses that can start you down the right path. Budgeting 101 (Credit.org) Created by the nonprofit financial literacy organization Credit.org, Budgeting 101 is a free online budgeting class that you can take at your leisure. First, you’ll take a pre-quiz that measures your current knowledge level about budgeting, then you’ll take interactive classes on tracking spending, calculating income,…

When was the last time you had a really good feeling about how your small business was doing? In the event it has been a period of time now since things have truly gone well, have you been looking at possible solutions? When the term solutions comes up, this means those that are for the long run, not just temporarily patch things up. For many small business owners, that feeling of gloom and doom can set in sooner rather than later, leaving them wondering if even getting into business in the first place was smart. Before you end up in…