POST CATEGORY : Finance

3 Ways to Find Extra Cash to Invest in Your Business

When it comes to running a business, the phrase you have to spend money to make money is extremely relevant. Although these days, it’s easier for entrepreneurs to bring their ideas to life with minimal initial investment, thanks to the cloud and the online world, it’s almost impossible to run a successful company without spending anything at all.

Cash to invest

Ultimately, whether you’re paying for an amazing website for your ecommerce company, investing in new marketing strategies, or simply looking for the right professionals to hire, you’re going to need to spend some money eventually. The challenge is finding the cash you need to keep your organization growing.…

Continue reading →

A Guide to The United Kingdom Cryptocurrency Regulations

Amongst the most widely accepted concepts at the moment is cryptocurrency. Despite the numerous multiple kinds of crypto assets, Ethereum, Litecoin, Bitcoin, and other popular ones have become the most widely used. These are now finding applications as the mainstream payment methods.

Crypto regulations

photo credit: Jonathan Borba / Pexels

In the UK, cryptocurrency, such as Bitcoin, is just authorized to prevent financial fraud. Other nations like the US, Australia and India have introduced regulations to govern the crypto world.

The FCA, i.e., Financial Conduct Authority in the United Kingdom, has taken control of the CTF or Counter-Terrorism Financing and AML or Anti-Money Laundering operations related to cryptocurrencies.…

Continue reading →

Six Signs Your Plumbing Business is Experiencing Profit Leaks 

Imagine this scenario: Your plumbing business appears to be running smoothly. You are receiving a reasonable number of service requests. You have a team of highly trained and experienced plumbers to handle those requests. Your customers seem happy with your service based on the positive reviews and testimonials they are leaving. But your profit margins remain constant or even decline. Your plumbing business is leaking profit if this situation seems familiar to you.

Plumber fixing leaked faucet

Multiple factors could be causing your business to lose profit. You need to recognize what exactly is causing profit leaks and fix it. The identification process might involve examining business procedures, staff members, and customers to determine the aspects that might be hurting your profits.…

Continue reading →

3 Cost-cutting Practices for Businesses

At a time when we’re all looking to reduce our expenditure, businesses are seeking new measures to preserve their income.

Remote working

But keeping costs down shouldn’t just be an exercise for hard times – it always pays to put efficiency first, and your company should always be looking for ways to improve in the day-to-day workings as well as processes and procedures.

With that in mind, these are just a handful of cost-cutting exercises for businesses to help you protect your team, conserve budget and reap success.

1. Ditch the office

Remote working has become something of a new normal since the start of the pandemic, and many businesses have adopted it at least partially into their working routine.…

Continue reading →

Everything About Bitcoin’s Price Fluctuations

If you’ve thought about starting on the path of cryptocurrency trading, you’re not alone. An ever-growing number of traders have begun approaching it. Even some of those that used to see crypto as a holding entirely too volatile ever to be part of the portfolio of any sensible investor has had a change of heart after Bitcoin recorded some of its highest increases even in the last months of 2021.

Bitcoin prices

photo credit: Austin Distel / Unsplash

However, the situation has changed a little since then, and in 2022 the digital asset ecosystem has frozen under the influence of crypto winter. The market is still reeling from it, and the dipping prices have indicated that the situation won’t change very soon.…

Continue reading →

Palm Jumeirah and Four More Areas in Dubai to Invest in 2022

Dubai is famous for many things: excellent conditions for the activities of foreign entrepreneurs, great opportunities for recreation and entertainment, a high standard of living, an ever-expanding job market, etc. But for many, Dubai represents the ideal real estate market. Construction here does not stop even for a minute.

Palm Jumeirah

photo credit: Jason Mrachina / Flickr

Every year, new and new properties are added to the already existing magnificent buildings that amaze with luxury, the use of the latest materials and technologies, and the convenience of planning. Although, some may consider villas prices in Palm Jumeirah, Downtown and other areas of the city quite expensive, others understand that this is a highly profitable investment that is able to bring its owner a high ROI.…

Continue reading →

Passive Investments That Pay Off

There are many different types of passive investments that can potentially pay off. Some of the more common ones include real estate, stocks, and bonds. While there are no guarantees with any type of investment, those who choose to go the passive route often find that they have less stress and more peace of mind, knowing that their money is working for them, even when they’re not actively involved in the day-to-day operations.

Passive investments

The following will explore some of the more popular passive investments and how they can provide a stream of income.

Real Estate

One of the greatest and biggest benefits of investing in real estate is that it can provide a steady stream of income.…

Continue reading →

Which Gives More Profits in Crypto? Trading Or Investing?

Trading and investing require different approaches to the cryptocurrency market. While trading involves frequent risks and constant market monitoring, investing requires a more relaxed approach. It is possible to combine the two strategies to maximize your profits. However, cryptocurrency is an extremely volatile market that should be cautiously approached.

Crypto trading & investing

photo credit: Ivan Babydov / Pexels

To avoid losing money, it is important to understand the main differences between trading and investing.

Trading or Investing

You should know a few things before you begin trading or investing in crypto. The first thing is that the crypto price in a cryptocurrency OKX trade spot is very volatile, which means you could lose a lot of money in a day.…

Continue reading →

Why Automating Cash Forecasting in 2023 Is Important

Using manual methods for cash forecasting has always been a long and tedious process. Along with being time-consuming, manual methods also increase the risk of costly errors that leave business owners wondering, “What is cash flow forecasting really doing for my company?”

Many of the problems businesses face with creating cash flow forecasts can be solved with automation.

Cash flow forecasting automation

photo credit: Joshua Sortino / Unsplash

Here’s why automating cash flow forecasting is important.

Data Input Takes Too Long

It’s no secret that manual data input requires a lot of time. Prior to automation, this was something that just had to be accepted as par for the course.…

Continue reading →

How to Pick the Perfect Company to Provide the Top-Rated Cost Segregation Services

What if it turns out that this year is the year that you finally get that substantial credit note on your income tax return? If your business has a positive cash flow, you could make tens of thousands, hundreds of thousands, or even millions of dollars. We can assure you that this happens daily, although it might sound too good to be true.

Cost segregation

Cost segregation studies are an acceptable method of analysis that adheres to all requirements set forth by the Internal Revenue Service. Therefore, it is highly recommended that you work with a company that employs a whole team of experts, as they will be in a better position to provide you with the best cost segregation services.…

Continue reading →