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5 Pitfalls of Getting a Personal Loan That You Should Try Avoid

Personal loans are the popular jocks of 2018. A recent survey revealed that almost 24 million consumers in America, which equates to roughly 10% of all American adults have their eyes on personal loans.

It’s no surprise really.

Taking personal loan

These loans are indeed a great way to get some quick cash to help you out of a tight spot. But they do not come without their dangers. Lenders are responsible for accepting or rejecting applications within 24-hours.

You are responsible for your due diligence to help you make sure there are no unexpected nasty surprises lurking around the corner.

Never fear! Through this article, we will go through some of the most common surprise expenses and how you can go about avoiding them.…

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8 Ways to Maximise your Business Import and Export Profits

Opening up your business structure to a borderless playing field is a step that you may have already taken, or have at least considered in your future plan. International trade can be very lucrative, but it is always necessary to properly consider the many financial, logistical and administrative components in maximising your business import and export profits.

Export-import pforiei

1. Consider purchasing power parity

Successful international business products equate to those that are purchased in an offshore market and sold for a higher price. Sounds simple, doesn’t it? However, maximising profit also means taking into account variable factors such as the best exchange rates ie.…

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Three Areas to Expand If Your Business is Ready to Grow

The oft-cited statistic that 90% of startups fail has been attributed to various factors, from not being able to carve a niche in the marketplace to lacking a solid business model. However, in a 2017 article, Entrepreneur noted that most of the reasons that the remaining 10% succeed are related to attitude and flexibility within their staff.

Business team meeting for business growth planning

In a sense, if your startup is lucky enough to be included in that ten percent bracket, you’ve found success. However, finding a way to continue expanding your small business after its initial flush of prosperity is the crucial next step to ensure its longevity.…

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How are Business Analysts Valuable to Companies?

The process of getting insight into business operations to expose the cause and effect relationship behind failure or poor results is often managed by a change expert, known as a “business analyst” (BA). However, a lot of businesses believe hiring a business analyst is irrelevant or simply just an extra added cost, but in actual fact, they are highly valuable to company progression and evolvement.

Business analyst

Business analysts have a wide variety of responsibilities within a business. They not only need to understand the current business needs of an organisation, but they must identify and resolve any problems that may be happening too.…

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The Changing Nature of Transportation Factoring

Ask any business owner in the trucking industry and they will tell you how important financing is to their day-to-day financial strategies. And yet, for years owners of trucking companies were unable to secure funding when they needed it because banks and other traditional lenders often used difficult hurdles and long turnaround times to dissuade the trucking industry from seeking loans at all. This should come as no surprise, considering banks and other traditional lenders consider trucking to be a fickle and high-risk industry.

Transportation factoring

Luckily, over the last few decades, a new type of financing has slowly become more and more popular among trucking company owners.…

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4 Surefire Ways to Effectively Engage Your Customers

Enlightened marketers have been prioritizing customer engagement over the past few years, and you should, too.

In a world that is becoming even more connected, the modern customer is more empowered on account of the seemingly unlimited amount of resources available to them. Customer expectations are at an all-time high, and it is for this reason why customer-centric businesses have much to show in terms of ROI.

Happy customers

As a business owner, you’d do well to play the long game, and the best way to do that is to engage your customers on a regular basis. In fact, a Gallup research reports that a fully-engaged customer represents 23% more revenue than average.…

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4 Time-Sucking Activities That Take Away From Your Business

Companies have lots on their plates, and small business owners, in particular, wear many hats. However, not all of those hats are equally important, though it can be hard to know which responsibilities are worth your time and which are major drains.

Time-consuming business activities

Watch for these four ways that businesses — especially small operations — waste money, resources, and time without realizing it.

Constantly Checking Emails

Answering emails is a surprisingly time-consuming task. Far too often, people waste time answering unnecessary emails or lack the discipline to refrain from checking emails and answering messages constantly throughout the day.

Of course, it’s important — even vital, in some cases — to answer certain emails.…

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Microfinance is Not the Miracle Pill to End Poverty

The biggest misconception about microfinance is that it is the miracle pill to put an end to poverty. This is just untrue. No one said that microfinance is the key to stopping poverty or to lift all people in developing countries out of poverty.

Microfinance

Poverty is an issue that has confronted several countries over the years. Not even the best leaders have been able to do something to fix the problem. Therefore, to put this kind of burden on the concept of microfinance is just unfair.

Microfinance targets poor people because the idea is for them to have easy access to loans as long as they use the money wisely and repay the loans.…

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How To Reduce Stress In Your Financial Life

No one ever said that dealing with finances was easy. In fact, without knowledge or practice, it can actually be extremely difficult.

Stressful financial life

Balancing incomings, outgoings, necessary costs and debts can seem like a never-ending juggling act and as a result, stress is a fairly common response. While you could turn to a payday loan from a Wizzcash lender in the case of a financial emergency, keeping track of your finances for the most part can help reduce stress considerably and ensure your budgets are kept to at all times.

Here, we’re exploring how you can reduce stress in your financial life.…

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Tips to Safeguard Your Connected Devices with IoT Security Solutions

A report from Gartner states that in the year 2016, cybercriminals originated distributed denial of services (DDoS) attacks.

Internet of things

During DDoS attacks, hackers exploited possible bottlenecks and security weaknesses such as common weakness enumeration (CWE) in IoT devices. It enabled them in hijacking the devices and turn them into the originators of domain name system (DNS) requests. The primary aim was to direct the real-time traffic to the DNS hosting provider by the name of Dyn, headquartered in the United States. The DDoS attacks afflicted companies like Twitter, Amazon and Netflix and caused them a huge loss of revenue.

To prevent IoT devices from such cyber-attacks, enterprises must convoy them with IoT security solutions.…

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