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Author Archives: Glasses or Contacts

Ways to Finance Your Startup Business for Expansion and Upgrade

Regardless of the type of business you are operating, you will need start-up capital to get the gears running. If you’ve been operating for some time now – say, a year – you might be already thinking about expansion via office renovation or a new rental space. You might also want to start upgrading your machines – all the business tools you’re using to improve your processes. Some typical start-up costs facing new business owners include: Electronic equipment: computer, printer, scanner, fax machine, photocopier, etc. Vehicle Office supplies Furniture and fixtures: desk, lamps, bookshelves Reference books Licenses Permits Supplies/inventory Corporation fees Legal fees Security deposit for renting a business location Manufacturing machinery and equipment Advertising: domain name, domain hosting, mailers, website design, etc. Operating Space What you need to purchase can also depend on the degree to which you want to put a line between your business and personal life. Many people use their personal vehicle, mobile phone, and room in their own house to meet business needs inexpensively. Incorporating to separate your business assets and liabilities from your personal ones costs a bit of money, but it offers an extra layer of protection if ever the business fail. Where ...

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The Financial Struggles Startups Face And How To Overcome Them

Entrepreneurs are required to work out a lot of kinks when starting a new business. They’ll need to jump through numerous hoops, while attempting to put together a fully functional budget. Unfortunately, this will be much more difficult than you might imagine. It will be pertinent to hire employees, find suitable office space, and obtain funding for operational activities. Most startup businesses will struggle in the beginning and many will actually lose money during their first few years. Below, you will learn more about the financial struggles startups face and tips for overcoming them. Hiring Employees In all likelihood, it will be impossible for you to hire five or six employees during your first few months. Full time employees can be enormously expensive and your company will likely be required to pay their benefits. Therefore, you may want to think outside of the box. Depending on your current situation, you may not need a full-time employee. If you only need someone to work a few days a week or a couple of days a month, you should consider hiring freelancers. Alternatively, you should look for tax breaks for hiring specific workers. You may be able to obtain tax breaks for ...

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Bcapital: The Tools To Be An Expert Trader

Trading at a professional level requires adopting a set of disciplines and tools. The most successful hedge fund managers and retail traders didn’t achieve such fame and fortune just through innate talent. Instead, they’ve used the tools listed below to consistently extract profits from the foreign exchange market. Trading Platform The trading platform is where every transaction takes place, whether it’s a short sell of the Euro versus Dollar or a long of the Dollar versus Yen pair. Regardless of the strategy you are looking to execute, the functionality afforded by your trading platform will play a huge role towards your year-end bottomline. A good trading platform, such as the one provided by Bcapital, is loaded with a robust set of features including technical indicators and real-time price quotes you can use to derive high-probability trade setups. Economic Calendar The economic calendar lists all if not most of the global market events that could potentially move currencies. This ranges from central bank interest rate fluctuations to geopolitical changes, such as the recent Brexit. All of these market events have a degree of influence towards price action hence keeping track of them can benefit your trade entry and exit points. Brokerage ...

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Efficiently Managing Your Student Loans While in College

If you’re new to college and student loans, you’re probably feeling overwhelmed by a great many novel experiences – choosing and taking college classes, applying for and receiving federal aid and scholarships, even living away from home for the very first time. Graduation, and all that it entails, seems so far away! It’s probably the last thing on your mind. Really, though, when it comes to student loan debt, you should be considering how you’re going to repay those loans from the very first day you take them out. Waiting until post-graduation, when those payments first become due, isn’t a smart strategy. That’s because there are things you can do now, as a borrower still in school, that will set you up down the road to save money on your loans. Managing your debt is something to think about from day one. Subsidized vs. unsubsidized loans, and why the difference matters. If you’ve taken out federal student loans, there’s a good chance you have a mix of subsidized and unsubsidized loans. And of course, private loans are always unsubsidized. Subsidized loans are loans you aren’t charged interest on while you’re in school because the federal government pays the interest on ...

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3 Reasons to Check Your Credit Report Today

Most people don’t have a great deal of sophistication with credit. Sure, they might have a card or two (or ten), but all of the fine print on those agreements, as well as the complex terms in credit theory – it’s just a little much to deal with. The problem is, if you don’t have knowledge about how credit works, you’re liable to use it in ways that will set you up for failure in the long term. We’ll assume for the purposes of this article that you aren’t badly in debt. If you are, fix that first. But if you are in fairly good shape with regard to debt, it’s time to get serious about your credit history. You can get a free credit report once a year. The government allows it. That report will show all of the credit cards you have, all of the times you were late on payments, and all the other times you messed up or used credit too much. Maybe you’ll see the opposite problem – you don’t have enough credit history to support a good credit score. One great course of action is to get a credit card specifically for people with ...

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