• November 21, 2017 /  Entrepreneurs
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    A person with his own business enjoys more financial independence and greater control on his financial status. But to succeed in any venture, it is important for anyone to visualize first his goals, business structure to follow, and other related details before proceeding to his business. Three Basic Types of Business Entities

    The first thing an entrepreneur should decide is what type of business entity he wants to adopt before he starts the application for Singapore business registration.

    Is it sole proprietorship in which he would be the only owner and will enjoy full control? Is it partnership in which he can have up to 20 business partners which means more funding? Or is it private limited company (or corporation) in which his business will enjoy perpetual existence while his personal assets are protected from the debts and losses of his company?

    Every business entity has its own pros and cons which must be greatly considered. However, most experts agree that a private limited company is the most ideal for entrepreneurs with a long-term goal for their business as this setup will allow them to enjoy protection of asset, attractive corporate incentives, and other benefits.

    The Products and Services

    Bonafide entrepreneurs have always associated their products and services to their target-market so they can estimate the amount of capital they will need, equipment and materials to be purchased, and the level of quality they should offer.

    Meanwhile, these questions can guide budding entrepreneurs on deciding on what products or services they should offer: What are my niche skills and interests that can generate profit? What is the estimated profit of my product? Can it be easily sold? It is easy to produce? Does it have an existing target-market?

    Competitive and Market Analysis

    One of the most important things any entrepreneurs should do is examine the business environment which includes the existing competition, different types of consumers, media, social norms, and other factors which can have a direct and indirect impact on their business.

    When conducting competitive analysis, most experts agree that these four factors should be the main focus of entrepreneurs: who are the direct and indirect competitors, the specific market of competitors, the number of years they have been operating, and how do they attract their target-market.

    Operations of a Business

    Operations usually include the location, how many employees a certain business will need, the equipment, machinery, suppliers, materials, ways to track inventory and sales, and other related-issues.

  • November 20, 2017 /  Business Center
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    If you’re opening a small business, you need a small business bank, pure and simple. Using your regular bank won’t net you the benefits that a specialized banking account can come with. No matter who you choose as a host for your banking needs, you always need to open a new account for a business. Never use your personal bank account as this can make it next to impossible to discern your business income and expenses from more personal sources. Always choose a new account, and look for a specialized bank whenever possible. The right bank will have a deep understanding of your business needs.

    One of the most important features of a small business bank is an assortment of affordable banking solutions. Money is usually tight when you’re starting out. You don’t want to have a high minimum amount on your account that you can’t possibly sustain. If you need to make a large withdrawal for business purposes, you should know that you can do so without jeopardizing your bank account. It’s also important that you’re able to make deposits and withdrawals without a lot of fees. The right business bank will work with you so that you can maximize your profits early on.

    Small businesses today are far different than what they were in the past. A mom and pop shop used to be a brick and mortar store with an easily-defined address and actual location. Today, many businesses are run online. You could be running your business from locations all over the country, or all over the globe. You can’t always work with the bank down the street. You need a small business bank that will go with you everywhere you happen to be. Online banking, mobile banking, and more are essential for a business banking account. You don’t want to be tied down to one location, and with the right account you won’t be.

    When you’re getting ready to open a new banking account for your business, it’s important to take the time to do your research. Look into a variety of banking opportunities to find the small business bank that’s right for you. When you look at other offers, you’re sure to notice where the best deal really lies. It’s important to understand what’s out there so you don’t get sucked into the first well-worded advertisement you see. Compare your options and look for a small business banking account that provides all the services, benefits, and convenience you need to make your company a success.

  • November 19, 2017 /  Finance & Invesment
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    A high yield investment program (or HYIP) is one of the most interesting investments out there. However, like a number of investment opportunities, it has been the target of a number of scams.

    The simple version is that it is an investment method that offers a high rate of returns with some risk. The investor can invest small amounts into a HYIP, which can, if it does well, yields a higher-than-normal rate of return, which you can then cash out or re-invest. While investing, you can discuss how the investments are doing and find out about scams on websites called monitors, which keep an eye on how HYIPs do.

    The slightly more interesting version is that an investor sets up an account with an HYIP, and then invests a certain amount of money into the HYIP, which can be for either very small amounts or for large amounts, depending on how much you want to invest. You decide when to pull out, and then what to do with the funds.

    However, be advised that it is an investment and carries with it all the risks of an investment. As such, there is the real possibility of losing the money that you invest, for all the usual reasons. Dont invest more than you can lose, and thoroughly check out the investment before giving the HYIP a single cent, just as you would any other potential investment. And be aware that, just like other investment, there are some HYIPs that are scams.

    Using an HYIP as a scam is abetted by a number of factors. The first is the mystique of investing; too many people jump into investing without really bothering how it works, and hoping to get something big for something little. There is also that it relies on e-gold, which, although it has a number of advantages, but transfers cant be reversed; unlike a credit card, if a transaction goes wrong, you cant get the money back. The last is that it looks like just another HYIP, and can therefore fool most people into putting money into it, which then disappears.

    Another part of the problem is that they can be easily be used for ponzi schemes, either fueling one or being the bottom layer of one. Just be watch out for very-well performing HYIP, including those with an outrageously high rate of returns, and trust the monitor sites.

    Although it can be a great opportunity, you need to go into it with your eyes open. If you find a scam, then report it to the nearest Treasury office or monitor website. If you dont, then you may have just found the way to an early retirement.

  • November 18, 2017 /  Trade & Franchise
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    Although process automation facilitates better management international trade risks, latent risks still exist. Implementation of technologies not withstanding, international trade risks need to be managed in real time and on a totalitarian basis. The first of such risks is ramifications the slump in US economy can instill due to housing market crash. Volatility of financial markets with renewed oil market threats could trigger inflation and hikes in interest rates. The third most significant risk is the heightened scrutiny of exports due to security concerns, which makes managing international trade risks harder.

    On the other hand, exporters’ risks include insolvency of the importer, protracted default in which the importer fails to pay off the due within the legal period after the due date and risk of rejection. On a far sight, export ban, possibilities of war, changes to the law/tariff or even confiscation of importers’ properties also count as major possible risks in an international trade.

    -Possible Steps to International Trade Risk Mitigation

    International banks provide with expert support and service to conduct international trade and international transactions rather safely.

    Getting paid in an international trade is a different thing due to a number of factors that influence it. One must note that no amount of planning can entirely eliminate the payment risks in international trade and carefully resorting to your preferred mode of payment and hedging the risks besides securing proper credit insurance and credit checks on your customers before engaging with your trading partner is the safest way out.

    -Regional Trade Organizations

    International trade related disputes are resolved by the World Trade Organization which is a multilateral agency because it sets the rules that govern the global trading. There exist a few regional trade organizations but regulative powers are limited with them. Some quarters have raised fears that regional trade organizations can be used against them, which on the contrary has contributed to a messier situation.

    -Availing Credit Can Help Mitigate Some Risks

    One way to safeguard international trade is via credit insurance policy with multiple covers such as the potential insolvency through which the customer provides reimbursement, although to a limit. Products like Bills for Collection (BC) and Letters of Credit (LC) come in very handy in international trade situations. An LC is a bank-to-bank commitment of payment favoring the exporter and guaranteeing the payment against presentation of certain compliant documents. Both BC and LC are governed by regulations from ICC.

  • November 17, 2017 /  Entrepreneurs
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    What does it take to become an online entrepreneur you ask? It is not always easy. It takes a serious, burning desire to become an entrepreneur.

    I am not kidding either. You need to want this more than anything else. (There are a couple of exceptions to this, but not very many.) >

    You need to be willing to focus on the end result, which should be, becoming an online entrepreneur. Will you do whatever needs to be done to accomplish your immediate goal?

    To become an internet entrepreneur you must have the ability to ignore all the outside negative words and influences of family and so called friends which are said, not meaning to hurt you, but to in their eyes, keep you from making a fool of yourself or them.

    Realize also that most likely, you will have some failures and that these failures will only help you learn.

    Becoming an Online entrepreneur also requires the ability to accept that you will probably will be doing the same thing over and over again. After all, that is basically what you will be doing, having financial success doing a certain technique, then repeating it.

    Let’s not forget organization and the ability to manage your time. If you are organized, you are more likely to know where everything is, which will in turn, give you more time to work. Time management most likely means that you will have written out a schedule as to when to do everything required for a internet entrepreneur thus saving you even more time.

    Becoming an online entrepreneur may sound difficult, but the reward for your stick to it attitude will be more then you could ever imagine. I am very excited to offer you the ability to join me, so read my resource box because it will be worth it.

    My name is Samantha Livingston and I am an active member of the millionaire society. Come and join me on my journey to becoming a millionaire online. Just follow me to see how, I guarantee you’ll will be amazed at www.whatismillionairesociety.com

  • November 17, 2017 /  Finance & Invesment
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    How technology has affected the financial department in organisations?
    Theres no doubt that new cloud technology has had an incredible impact on todays workplaces, particularly those who work in, or are involved with the financial aspects of an organisation. Over the last few decades, new and different technology has been injected into the workplace at an ever increasing rate. One of these is the use of the mobile device.

    Smart phones, netbooks, iPads and other such tablets detach us from our desks and give us the freedom to roam with our work. Imagine using a cloud-based accounting and finance system. This would allow you to review budgets or produce financial reports from the garden, a taxi, or even on holiday. Having access to your financial data and information, whenever is suitable for you and wherever you are, cant be a bad thing for business.

    Managing the accounting and finance function on the go
    Most businesses have adopted mobile technology in some way or another, as its hard to ignore the lure of the high mobility and other strengths that come with cloud computing, particularly for accounting and finance professions. Smart phones started this revolution, and they are now an important device for the hard working professional. But now, the tablet device has enhanced our mobile experience even more. Theres more mobility offered than we get with laptops, and the screen is bigger than you get with smart phones, making it all the more easier to view and analyse your financial budgets, reports, expenditure, etc

    Tablets enhance user experience
    How many times have you been in a finance or board meeting and someone has requested some information that you can only provide once youre back at your desk? Well, with a tablet or any mobile device its right at your fingertips. It can be discussed straightaway, a decision taken and communicated to the business without you leaving your meeting.

    With easy access to email, calendar and contacts built in to most devices, the most simple business functions are now easy to get up and running in a few easy steps. Add on many of the freely available apps and you have a fully functioning business tool.

    Where next?
    All mobile devices are tools that should ultimately enable, not disable business. So if you find a cloud-based accounting and finance system that allows you to work on the go, and allow other people access to the information they need without needing your help, then the way organisations are run can change for the better.

  • November 16, 2017 /  Banking & Money
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    Axis Bank is one of the best renowned and reliable private bank in India. Axis bank was also known as UTI Bank. Home loan offered by Axis bank is having high demand. Axis Bank home loans with its power-packed features make your dream home a reality.

    The attractive rate of interest, minimum documentation, door step service, assure hassle-free processing, property counseling, easy repayment options, secured document storage and many other striking features made Axis the most preferred bank for Home Loans.With the help of Axis Bank home loan many people are able to make true their dream of owning a sweet home where they can spend their all life in peace and pleasure.

    Axis bank offers loan in both type of property either commercial or residential at the same time the Bank serves home loan to salaried, self-employed businessman & self employed professionals. Axis bank is offering you home loan in a very easy rates of interest at the same time the bank is also giving you choice of repaying the loan by floating interest rates and fixed interest rates.

    Axis bank is committed to its all borrowers to offer them the most flexible and easy home loan. The Bank is also providing its services along with the team of experts and professionals who are always trying to provide best services to its clients in case of loan.

    The Bank has to do verification before sanctioning the desired loan of clients. The motto of this bank verification is very simple bank just want to be confirm that it is not providing money to any wrong purpose or cause. The criteria of doing this verification are simple and easy. Axis Bank judges its clients in its own way. The dealing out and executive fees cover all these expenses. After the relevant verifications the financer funds up to 80% maximum of the cost of the property (Agreement value + Stamp duty + Registration charges) based on the repayment capacity of the customer. Axis Bank offers best home loan interest rate for purchase of fresh property (directly from builder) resale or for construction of houses.

    In spite of home loan Axis Bank offers other loan also for its client, such as, Personal Loan, Car Loan, and others.

    The Bank also offer some other facilities to its clients by which its clients can get the maximum satisfaction, such as, Set up Repayment Facility, Flexible Loan installments plan, and Tranche Based EMI.

  • November 14, 2017 /  Banking & Money
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    The Federal Reserve Bank in midtown Atlanta welcomes visitors who would like to tour its Monetary Museum and Visitor Center exhibits. Anyone who has ever wondered just what goes on in a Federal Reserve Bank will find the museum interesting and informative. The self guided tour chronicles the story of money from various forms of barter to modern day e-commerce. The museum also relates the history of banking in the U.S.

    The Monetary Museum has interesting examples of what people through the centuries have used as barter, from wampum to Chinese shoe money to gold nuggets. There is an outstanding collection of historical monetary artifacts, including rare coins and currency from around the world as well as some Confederate money. Displays also include an actual gold bar worth $500,000 and a real $100,000 bill.

    The Visitor Center has interactive touch screen exhibits which show the role of the Federal Reserve Bank in America. Multimedia exhibits and films explain how the Federal Reserve maintains the stability of the countrys financial system and the economy, and how the Federal Reserve regulates banks. The interactive Bankers Challenge game demonstrates how banks earn profits and manage risk. Through windows in the Federal Reserves cash processing center, visitors will be able to watch the process as robots and Federal Reserve personnel handle large amounts of cash. Millions of dollars are counted and sorted every day. Visitors will see how worn out currency is shredded, and watch as the cash bus goes back and forth all day. Even children will enjoy some of the interactive exhibits and the cash bus. Upon leaving the Visitor Center, guests are invited to take home an unusual free souvenir, a bag of shredded money.

    The Atlanta Federal Reserve Bank is located at 1000 Peachtree Street NE. It is a hidden gem in midtown, just a five minute walk from the Midtown MARTA Station and across the street from the Margaret Mitchell House. One of the best things about the Federal Reserve Bank Museum is that admission is free. Visitors to the Federal Reserve Bank must pass through security before entering the building, and at least one adult in the party should have a photo ID. No cameras or bags are allowed, but free lockers are available. The Federal Reserve Bank is open Monday through Friday from 9am-4pm. The facility is not usually crowded, and the museum makes a great stop for people visiting downtown and midtown Atlantas other attractions.

  • November 13, 2017 /  Banking & Money
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    You can easily manifest money very quickly and do so in droves if only you will allow yourself to literally expand. There are secrets to nature and reality that can easily explode your ability to manifest if applied correctly with understanding. Again and again these techniques have yield outstanding results.

    The science to manifesting large amounts of money is so amazingly exact that two people in business could be selling the same product and one does exceedingly well while the other fails miserably. Its not the product of the service that makes one rich, its something far greater yet quite simple.

    People who do not succeed at manifesting money or those who doubt that money can come quickly are themselves blocked. Those who are wealthy have a strong dynamic energy that literally expands far beyond their present body, home or even their community. Not only can they see beyond their present conditions their own personal energy influences in mass proportions. Their energy is so powerful that they don’t need to go out or struggle in order to influence.

    Manifesting money is about expanding mentally, physically and spiritually. Can you supply a service to the millions of people on planet earth who are in need of it? If someone in your town has that need could it be that there are also millions of people around the glob who would eagerly pay you for that service? As you can see your mind must expand in order to create in large quantities.

    The universe is abundant and if you are unable to see abundance all around you then you are blocked and no matter how great your service or your wish to manifest more money is you simply wont.

    The fastest way to manifest something is to move beyond that thing. Become bigger than the thing you wish to manifest. You gain power and dominance over anything that you can go beyond. When you go beyond money it no longer has control over you and you dominate where it goes and how it comes.

    It seems like a simple concept but few people are able to remove themselves from beneath the spell of money. They remain cowardly beneath their wish for more money not realizing that whatever they place above themselves will always dominate their lives.

    Choose the goal which you wish to manifest then imagine yourself moving beyond it as if the goal is like a grain of sand. Then, see that goal in the grand scheme of the planet and realize all the incredible possibilities that can allow your money goal to become real. There are miracles and magic to manifesting if you go outside of your immediate box.

  • November 12, 2017 /  Finance & Invesment
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    If finance experts are to be believed, green investment is still worth despite the global economic blues. Sustainable investment options are set to become more attractive in the long run with the incorporation of the eco-stimulus. Currently, green stocks are showing stable returns on investments and investors who care about how and where their money is being used are opting for the “go green” option.

    Investment can be a great way of making money if done in a logical and systematic manner. In the last few years, significant changes have been visible in the interest of investors across the world. Other than oil and gas, interest has deviated to sources of energy as it causes less harm to the environment and society. Thanks to the increased awareness on sustainable investment opportunities, several companies across the world are realizing the importance to preserve and protect the planet. In the form of a contemporary type of stock investment, green investments are becoming popular for the investors who want to use it as a source of helping the earth and the atmosphere.

    There is no significant difference in green investment and stocks and mutual funds. The difference lies in the fact that green investment is made in companies committed to conservation of natural resources. These companies are actively involved in producing sources of alternative energy, clean water and air projects and products and services that bring a significant change to the communities and environment.

    As far as sustainable investment is concerned, green based projects are the main concern. Even though this movement includes companies that are into other lines of business, organizations that have modified their operations for running environment-conscious business can also be included in it. For the next several decades, green building, recycling and water will be the strongest growth points. Earlier this year when the market was up for 21% in March, market for green stocks rose to 30%. As part of the American Recovery & Reinvestment Act of 2009, approximately 14% is comprised of clean energy and efficiency.