POST CATEGORY : Finance

PPI Refunds: Claiming What Is Rightfully Yours with A Little Assistance

Money matter needs careful consideration whenever it is about any kind of loan or insurance. People who are taking loans for any purpose are bound to repay it later. Unfortunately, the insurance that you take is not really exactly what you need (read: Claiming would be a problem.)

PPI claims

There is always a chance that while securing payment protection insurance (PPI) you have been mis-sold. This is quite a common issue which has been coming to light lately. Not always that you will be able to catch it early, whenever it is known better start to reclaim what is rightfully yours.…

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Buying Property Overseas? Why you Should Use a Specialist Money Transfer Company

Are you considering buying a property abroad? Once you’ve found the perfect plot, managed to decipher the multitude of complicated rules that often accompany a foreign purchase and had your offer accepted, it’s time to start thinking about funds.

Sold home sign

Transferring large amounts of money abroad can be very expensive and complicated – especially if you decide to do it through your bank. A number of fees could exist, not just for you as a sender, but for the recipient too. In many cases, the amount of commission you pay might not be clear and fluctuating exchange rates may also affect the final price.…

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What Are Merchant Cash Advance “Double Fees”- and How Can You Avoid Them?

If your company does a considerable amount of its business in credit card and debit card sales, the chances are that you’ve already heard about merchant cash advances. If you aren’t familiar with MCAs, though, they are in essence a type of loan available exclusively to businesses (usually merchants or vendors) that accept credit or debit cards.

Merchant cash advance

These types of loans are especially common for restaurants and retail stores. If such a business had a major expense they had to cover—whether for new equipment, inventory, or the like—they could apply for an MCA instead of a traditional bank loan. If approved, the MCA would be delivered in a lump sum amount, same as a traditional loan.…

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A Brief Guide to Commodities Trading

Commodities are the raw materials that we use for sustaining lives. Some of the examples are energy and fuel, agricultural products, and metals. Metals, agricultural products, and energy are three classes of market commodities. These are the essential pillars of the global economy.

Trading commodities

Criteria that commodities need to fulfill

Commodities need to fulfill these three criteria:

  • Tradability: Tradable commodities needs to have values that can be used as production materials of other goods or servicers.

  • Deliverability: Can you physically deliver the commodities to the buyers?

  • Liquidity: Commodities’ liquidity offers you an opportunity to get in and out of an investment easily.

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Four Steps to a Great Business Credit

The path to great business credit for your company can be a complicated one without the right direction. There are a lot of facts and figures to consider, and vendors change their policies regularly. Below is a simple, four-step guide to how you go about gaining a business credit.

Business credit financing

1. Make it legal

The first step on your business credit journey is to make sure that you have all of the legal requirements in place. Your company must be a separate entity in the eyes of the law, with a separate address, phone number, tax ID, Employer Identification Number and so on.…

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6 Common Spending Mistakes New Businesses May Make

Most of today’s small businesses experience failure during the first few years of their operation. Whether it’s a lack of planning at the beginning or some other pitfall, there are common mistakes you need to avoid in order to stay alive. You can boost your company’s chances by avoiding the six following mistakes.

Startup mistakes

1. Begin Your Business with a Huge Loan

The first two years of business is critical for small business owners. Since many fold at the beginning, you want to ensure that you’re getting the most out of your employees. Although you want to focus on efficiency and meeting deadlines, you also want to set a positive environment for your employees to work in.…

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Mis-sold a PPI Policy? Rush To Claim What’s Yours – It’s Your Money!

Sometimes the technicalities that take place within the banking sector are quite long winded and sometimes could be very tiring so that you lose interest in the whole thing. This also holds true when it comes to claiming on your insurance, such as getting mis-sold payment protection insurance (PPI) refund.

Getting mis-sold PPI refund

When you have a PPI policy, chances are, you’re not eligible to claim on, especially when you’re self-employed.  If that’s the case, you’re not alone.  In fact, there are at least two million people in the UK who have the same fate as yours: You’ve been mis-sold a PPI policy.  In other words, your PPI policy is useless in your circumstances.…

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Forget Banks, Manage your Money in The Cloud

Banks can help you in managing your money passively.  However, you can do better than that: How about actually managing your money better with the help of your stationary, an accountant and the cloud. Interested in learning more?

Cloud piggy bank

If you won the lottery big time, what would you do with your new found riches? I mean after you buy your sexy new Aston Martin and charter a yacht around the Greek islands. Keep the money in your bank account and not only will you have to trust yourself not to touch it, you’ll entrust an investor, an outsider with your millions.…

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5 Accounting Tips for Overwhelmed Small Business Owners

When you run a small business one area that many do not enjoy to do but is vital to the on-going operations is accounting. It can often be tedious, boring and isn’t what you imagined your time would be spent doing when you started your business.

Regardless, it still needs to be done, but there is help at hand!

Stressed out business owners doing accouting

The following list of hints and tips will hopefully help you reduce the stress and time it takes to do your accounting and make it much less of a chore.

Related: Accounting Tips for New Small Business Owners

1. Keep Records of Everything

It is extremely important to keep good records and be able to trace all aspects of the companies spending.…

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What Does Your Choice of Van Say About Your Business?

Remember Del Boy Trotter’s Reliant Regal van? That hideous yellow plastic tricycle was the anti-hero of the BBC’s Only Fools and Horses show, endlessly belching black smoke onto the main streets of Hackney. And yet the Trotter’s Independent Traders van wasn’t just a three-wheeled punchline – it was a painfully accurate reflection of what small businesses across Thatcher’s Britain had to do to keep mobile… not to mention a painfully accurate reflection on the quality of business itself.

The Reliant Regal was never a popular workhorse, but plenty of people struggled through the Eighties in clapped-out Morris vans or Mark 2 Transits with their doors tied shut using string.…

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