Finance

Jun152020 by VELOCENo Comments

5 Ways to Protect Your Business Finances

As a business owner, it is vital that you try and safeguard the quality of your product and that you focus on your brand image as much as possible. If you are having a hard time doing that or if you want to give your business the protection that it deserves then you can find out everything you need to know, right here. Protect your Liability If you are a small business owner then you can’t risk having someone close down your entire business because of one mistake. Almost every business owner needs to have some degree of liability coverage as this will cover you for injury claims that might come to employees and clients. If you have a bigger business then you may need to look into commercial vehicle cover and even property insurance too. If you don’t then you may not be protecting y...

Feb32020 by VELOCENo Comments

The Benefits Of Automation In Finances: How Has It Shaped Fintech Technology

Finance, Tips & tricks

Automation In Finances Automation can benefit businesses in a number of ways, particularly smaller businesses that are low on staff. But with cloud software and the implementation of super-fast computing, could this be the future of Fintech as we know it. In this article, we will be looking into the benefits of automation in finances as we head into 2020. Fluctuations In The Value Of The Pound One of the biggest issues that the UK has faced since 2016 is the value of the pound. Since the severe drop in the value of the pound following the referendum result, this has gone on to change value a number of times since then leading to many being hesitant to invest. Though there is no definitive answer for how the price of the pound will change following the 11 pm deadline on January 31st ...

Nov192019 by adminNo Comments

4 Essential Finance Tips that All First-Time Entrepreneurs Should Know

Finance, Tips & tricks

Each year, a staggering number of startup businesses are launched. However, very few can achieve the necessary profit to sustain their operations and thrive within their respective industries. And while many believe that this is caused primarily by the lack of quality in the products offered or services rendered, more often than not, the reason for failure lies in their inability to manage their monetary resources properly. So to avoid encountering any money problems in your business venture, here are some essential finance tips that you should keep in mind. 1. Organise all of the costs in your business plan In any business plan or model, it is essential to have a section dedicated solely to accounting and finance-related information. After all, without a clear outline of all th...

Oct182019 by adminNo Comments

Lessons on Creating Successful Marketing Strategies from the World of Finance

Finance, Tips & tricks

Companies that operate around financial markets undoubtedly work within an incredibly competitive industry. Frequently handling and moving large amounts of money, they require a constant stream of customers to keep their enterprise in the game and on top form. It’s not only about attracting clients in the first instance, however. On top of this, these businesses have to retain those individuals who trade with them in a world where they’re faced with constant competition, and their marketing strategies can make all the difference. A vital tool not only in growing their client list, but also ensuring customer retention, most of them are experts in how to market themselves in order to achieve maximal success, and their lessons apply not only to their own industries but to many others ...

Sep192019 by Guest writerNo Comments

4 Ways to Streamline Your Business And Personal Finances- Starting Today

Business, Finance

According to Fundera, mixing personal and business finances is an all too common issue being faced by business owners, particularly small business owners. In 2018, around 23 percent of small business owners admitted to mixing personal and business expenses on their commercial credit cards while 51 percent of owners use their own money/credit to fund their business expansion plans while only 29 percent of them actually turn to business profits and retained earnings as a source of funding. Using personal credit to finance your business can sometimes prove to be beneficial. However, mixing finances can leave business owners (and their businesses) vulnerable to negative consequences on their credit score, business growth prospects and even management of their business operations. With this in...

Apr162019 by Guest writerNo Comments

An Effective Guide to Help you Easily Manage your Finances

Entrepreneur & Lifestyle, Finance

One of the most difficult things for a working-class person, these days, is to have a stable and secure way for managing their finances. The world has gone through a lot of topsy-turvy, especially, in the field of market economics with recessions and stunted job growths. This has meant that fewer and fewer people are now aware of the ways through which they can get a stable income while trying to increase their wealth. Managing finances is a difficult job and especially with the markets being so volatile. In this small article, you will be learning about some effective tips that can help you in managing your finances. Bill Payments It is very important that you should pay your bills on time. These bills are the ones which you have to pay every month like your gas bills, water bills, e...

Jul252018 by adminNo Comments

How to use Crowd-sourced Funding to Improve Your Business Finances

Business, Crowdfunding on Kickstarter, Finance

These days, with the arrival of digital marketing and the presence of social media, have resulted in changing the business world completely. Today business owners have a lot of new methods to help them explore wider horizons for developing their businesses. Social media has helped business owners to market their products in various ways and also do thorough consumer research. Social media and digital marketing have also helped companies to indulge in crowdsourcing. In this article, you will learn more about how crowdsourcing can be used to improve your business funds. What is crowdsourcing? Crowdsourcing is basically a practice whereby companies and individuals go on to obtain the services, ideas, content, or even funds by soliciting some contribution from large groups of people, spec...