Author: Nathaniel Sammy

Almost always, starting your business from scratch is the most difficult and challenging part. While it is definitely an achievement to be celebrated, a true business owner knows that this is just the beginning of everything. If you wish to see long-term success, then you need to keep on growing your business and increase sales just as what DominoQQ is doing with theirs. Majority of the businesses do fail just because they lack of funds.

Obviously, it is easy to say to increase sales but during these times of pandemic, we know how hard it can be. As a matter of fact, 38 percent of the small businesses operating in the US say that they are not entirely confident with their financial state because of Covid19. There are a lot of businesses that are struggling to hire a marketing team even in their peak performance. But you need to know that not all marketing and advertising campaigns should be costly.

It doesn’t have to be Expensive

There are creative and at the same time, low-cost approaches that will generate customers.

Number 1. Encourage Customer Reviews

Getting customer reviews in your store is vital in helping you gain a better understanding of your clients and on how to reach them. Also, they can provide credibility to your business. Of course, the more the positive reviews you get, the more customers you can attract and transact with you. Connecting your business listing with free Google My Business profile is one way of getting reviews.

This makes it a lot easier for customers to drop Google reviews and build rapport by simply responding to it. Besides, your profile will increase its visibility on Google Maps and Search, which is perfect for local search and foot traffic.

Number 2. Customer Loyalty

Your business has no better resources than existing customers. And mind you, it is easier to keep them than attracting new ones. There are numerous ways that you can promote customer loyalty and among the most effective is by providing outstanding customer service. Even if other businesses beat you in terms of pricing, providing a better and personalized service can go a long way in attracting and retaining customers.

Number 3. Content Marketing

An awesome way of promoting your business is via content marketing. Basically, this is any fresh and informative content created that is focused on showcasing your services, products or expertise. In this modern era, online content can be anything from article submissions, video posts or making blogs.

One of the biggest expenses that someone would ever make in their life is buying a car. This is why many are trying to look for lån uten kredittsjekk og sikkerhet and buy car at the lowest interest with easiest payment terms. Let us face it, there are few lucky individuals who are well-off and can buy a car with any problem at all.

But most people on the other hand are depending on car loans to buy cars, which become more of a necessity than a “want”. Car loans are just like any other loans. It comes for a price and it must be your best interest to keep it low cost. This is why finding low car loans are vital. It will be ideal if you would find an online loan calculator to figure out the best combination of interest rate, loan period and also, amount of loan.

What Affects the Rates of Your Auto Loan?

You can achieve low car loans assuming that the lender personally lowered the rates for auto loan, which is practically, the interest rate they charge. Majority of the car loans are unsecured and because of that, the lender is assessing the borrower’s creditworthiness by checking and reviewing their credit before granting the loan.

Now let us say that the credit score is good and acceptable, the lender will have confidence that there’s little risk to approve the loan and that their money would be safe. With this in mind, the lender will be pleased to lower the loan interest to the applicant. Otherwise, then the lender will be covering the risk of granting the loan and may not be so lenient in offering low interests.

Therefore, it is vital to have good credit score to be able to acquire low car loans. With this in mind, it is going to be helpful if you would fix your credit score and maintain a good one as well before you pass an application for auto loan. If for example that you have poor credit history, you can try fixing it by doing timely payments and get any mistakes you made in the past rectified.

Debt to Income Ratio

This is another aspect that can impact your loan rates. To improve this, you have to ensure that your credit limits are lower than what is approved for your max amount. Additionally, you must keep all previously paid off accounts open and never close them because zero balance open accounts are quite helpful in trying to maintain healthy debt to income ratio.

Everyone would almost agree that FOREX is a global marketplace. Sellers and buyers are converging from all parts of the world and taking part in trades amounting to trillions of dollars a DAY! Given that FOREX trading becomes globalized activity and almost everyone is into it, it shows that macroeconomics event now has an even bigger role in foreign exchange than before.

As we push through on this article, we will be talking about few of the economic trends as well as events that’ll benefit those who’re new in the market. If you are serious to give this a shot, then see to it that you’ve given the time to understand the movement in this market.

Macroeconomics and FOREX

The market is mainly driven by the overarching factors of macroeconomics. These said factors are influencing the decision of a trader and ultimately, it determines the overall value of a given currency at any given period in time. A country’s economic health is a critical aspect in its currency value. The overall economic health however is then shaped by various events and information that might change on day to day basis, which later contributes to round the clock nature of international FOREX market.

How is FOREX Impacted by Capital Markets?

Perhaps, global capital markets are the most obvious FOREX indicators used in economy’s health. Meanwhile, bond and stock markets are more noticeable in the world. It’s quite hard to miss the release of public info in capital markets given that there’s constant media coverage and information on dealings of institutions, government entities as well as corporations.

Bond markets are critical too. It has a say as well on what’s happening in FOREX market for both currencies and fixed-income securities heavily rely on interest rates. Fluctuations of treasury price are factored in to the movements of currencies.

In other words, if there’s a change in yields, then it will affect the currency values directly. With this in mind, it is vital to have better understanding on how bonds, most especially governments are valued to be able to excel and succeed as a trader in foreign exchange.

FOREX and International Trade

The balance of trends and trade levels between nations are also a key aspect to be taken into account. Trade levels between nations do serve as proxy for relative demand of goods from nations. Nations with services or goods that command high demand in the international market are likely to have appreciation of currency.

It doesn’t matter if you do believe in cryptocurrency bubble or not, but one thing that most people would agree is that, investment frenzy are attracting untrustworthy people searching for their next trader greed. In this article, we will try to identify some scams while laying out steps that traders can take in order to be on the safe side whenever they’re trading cryptocurrency.

Scams in the Market

It is fairly easy to think that everyone becomes rich after investing in crypto such as Bitcoin. This is a poor mindset and many people have fallen into this misconception. As a result, there are tons of scammers that are taking advantage to lure traders with unscrupulous services and products which include the following:

Number 1. ICOs

This is known as Initial Coin Offering and is actually fundraising mechanisms that are often coupled to newly introduced cryptocurrencies. ICO investors receive tokens for their new venture. Believe it or not, investors have put ridiculous amount of money to over 1000 ICOs for the past several years.

While most ICOs are legitimate, many of it actually has no real technology to back them up or plans.

Number 2. Exchanges and Brokers are Unregulated

There are literally hundreds of brokerage firms and online exchanges that are unregulated and yet, they are offering cryptocurrency trading products and cryptocurrencies. Most of which are teaching to know the use of the best crypto bots for trading. For any suspecting investors, you should take a step back especially for promotions that seem too good to be true.

As soon as you have made a deposit, most of these firms are going to charge you with unbelievable commissions or perhaps, make it hard to withdraw your funds. In fact, worst offenders are just stealing your money.

Number 3. Bitcoin Trading Systems

Bitcoin’s volatility is such an extreme. It has even spawned wide industry of automated trading system. Promoters of the products are making claims that they have a way of beating the market by means of arbitraging prices between exchanges. As a smart trader, do not believe the HYPE!

Exchanges in Bitcoins oftentimes have expensive withdrawal procedures and high fees for trading it with fiat currencies like Euro or Dollar. Furthermore, the settlement trades may take hours. And all of these factors are going to eliminate profits from the Bitcoin arbitrage and could even result to your lost.

Safe Practices for Trading Coins

We’ve known that trading these coins come with a risk but there is a way to be the next victim for these scams. When trading cryptocurrencies, see to it that you invest money in what you could afford to lose, do thorough research before investing and the likes.

Providing financial assistance for launching small businesses and stay afloat is puts a government in an advantageous position. Local businesses are helping to support tax base via business taxes and also, through wages that are provided by employees. The probability of workforce expansion as well as economic growth has prompt federal government, states, counties and municipalities in offering different types of assistance. These include but not limited to the following:

• Research Opportunities
• Worker Training Programs
• Beneficial Legislation and;
• Grants

In order to figure out the services available near you, better get in touch either with your local and state economic development offices. After doing so, inquire about the business incentives that are available in your area.

Loans that are Prioritized

There are many benefits that small businesses can provide to the economy as a whole.

For one, there are government programs that are helping businesses to properly run their operations, grow and to relocate to other areas. In some methods, county, state and local governments are competing with one another for jobs. They are doing this by means of offering a start-up incentive and by taking steps in creating business-friendly environment.

These steps consist of:

• Worker Training
• Tax Credits
• Free Land
• Zoning changes
• Infrastructure Improvements
• Loans w/ Low Interests and;
• Assistance with fast tracking licensing

Loan Guarantee Programs

Believe it or not, government agencies similar to US Small Business Administration is providing loan guarantees to SME and encouraging local banks and private lenders like Zebra loans to approve loans of those who are applying for a business loan.

In this regard, if you are applying for such a loan, it will be wise to contact your banker or a financial institution and inquire about federal or state loan programs that are offering low interests rates.

If you’re a minority or operating a business in selected industries, then additional loan options might apply.

The only way that you can learn about this is by contacting the economic development office of your state.

R&D

Federal Government is providing grants to the academic institutions that are working on the development and invention of new technologies. This is true especially on those that would benefit the industry. In some cases, the government is providing grants among private companies to create new service or product that’ll further improve vital aspects of the economy similar to agriculture, energy, communications or transportations.

You may or may have not heard of what a credit score. However, it has to be in your best interests to truly understand how it works and the way it affects your financial state. The credit score is the same with the school’s grading system. Thing is, rather than denoting how bad or good you are with academics, it is using banks as well as other lending institutions in determining how worthy you are for a credit.

Your Credit Score is Your Report Card

Aside from that, the credit score or history can be used by various insurance companies, landlords as well as employers. The acceptable scores for your credit are ranging from 300 to 850. Anything lower than 300, and you are considered high risk when applying for a loan.

Here’s something that you have to know about having low credit score. It can effortlessly complicate your life and make it expensive. Since you’re considered to be a high-risk entity by banks, they will be stringent with the approval.

The restrictions that will apply would come in form of tighter, higher interests and anyway the bank deem necessary.

Besides, your odds of being rejected from the application are higher compared to those with higher credit scores.

What’s it Like to Apply for a Loan Today?

These days, the acceptable credit score should be at least 740 or higher. Having a score like this, it is going to be easier to get competitive rates as well as financial products. For this reason, make it a point that you are doing the best you can to improve or maintain a good credit score. There are many ways that you can do this actually like for instance, buy tradelines wholesale at this site, pay loans on or before the due date and such.

Banks will be checking for these criteria and if they found out that you are a good payer and with untarnished credit history, they may even be the one to offer you other deals you may not know.

A Shortcut or a Quick Fix?

There are credit bureaus as well that you can get in touch with wherein you will be paying a small amount for their service and you’ll get high credit score. This is regardless of your actual credit score. To acquire free credit, you will have to sign-up for their free trial subscription service. Though, you can cancel your subscription prior the expiration of the trial.

When tax problems are up to your neck and you’ve received a letter from IRS starts taking action, you better not dare them. You’ll lose eventually. Because whatever the IRS said, the IRS would. In fact, the moment that you received such letter, you should be scared and start taking actions.

The reason for this is that the IRS has this uncanny ability of getting into people who have tax problems.

You have the Option to Seek Help, Use It

It’s highly recommended that you stop taking things into your own hands. The right thing to do is to look for a tax lawyer as they are specializing in tax law and code. They’re the people who are in better position to help you out.

By the time when the IRS has sent you a letter that they’re going to seize your prized possessions and assets in the coming days or weeks, take action immediately. There are many ways that you can avert this from happening.

• Negotiate
• Ask for more time
• Try to work out a payment schedule and;
• Make partial payment

The abovementioned are temporary solutions that might just appease the IRS and help you to buy more time for your situation. Otherwise, you might consider moving your assets and bank accounts. You may file the paperwork appealing the IRS’ decision. Endorsing this to a lawyer is crucial as it adds gravity to your requests and get assistance with the IRS.

Still You’re not Free from Trouble

Assuming that you’re not that deep in trouble, then good for you – it gives you enough time to resolve these problems before they become critical. Say that you owe back taxes or failed to file taxes, you might not be dealing with these problems now, but you sure can do anticipate them in the future. Talk to a tax lawyer to know what should be your moves.

They may advise you to appeal to stop penalties and interests, file tax returns that you wasn’t able to complete before or seek for audit reconsideration. If all else fails, then they may take over and help you file for bankruptcy.

Just remember this, when you have trouble with the IRS, immediately get help before things get worse. This is the reason why WOT and other companies make sure that they’re always up-to-date with their taxes.

Let’s face the fact that running your own business can be complicated. But one thing that most founders enjoy and love is taking multiple tasks and roles. This is without a doubt a sought-after quality and something that is truly incomparable feature especially in early days of a company.

However is, as you start scaling and expanding your business, your time becomes valuable and you may find yourself boarding a business consultant to help you out.

Small business consulting is definitely a general term which captures wide varieties of skill sets. It may include bookkeepers and accountants, security experts, marketing strategists, HR experts, database administrators and a lot more. Simply speaking…

Anyone who has knowledge of setting up and running basic functions of a business can have the expertise you would want to have.

Ascertain the Consultant You Seek

As you start scaling your business, there is likely to be several areas to which you may utilize outside expertise. The secret here is figuring out which areas are under your core aspects and to which should be left to experts. Following are common areas where budding entrepreneurs are turning to consultants.

Marketing

Sometimes, a good product can sell itself but the truth is, even truly exceptional products require guidance to land in the right audience. With the presence of a marketing team, they can help big time in identifying your best market and devise a strategy to achieve it. It doesn’t matter if you are into crypto or whatnot, rest assure that you’ll get the help that you need.

Bookkeeping and Accounting

It’s totally normal for newly established businesspeople to take bookkeeping and accounting into their own hands. However, as your company grows, it becomes both a potential liability and time consuming process.

This is the same reason why hiring freelance bookkeepers and accountants are a sensible decision. They have the knowledge and expertise in setting up scalable payment systems as well as invoicing, getting your books in order and assist you to accurately prepare taxes.

IT & Security

Considering that your business is still gaining its momentum, you should not feel comfortable that it is vulnerable to hackers. Believe it or not, hackers specifically target small and medium sized businesses for they are less likely to implement solid and firm security protocols and has higher probabilities of paying ransom demands.