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Getting Out of Debt: A Guide

Getting Out of Debt: A Guide
Debt can be an incredibly destructive force in your life – ravaging your finances, your investments, your family and your reputation, and threatening to eclipse all the hard work you’ve done in your life. In recognition of just how difficult debt can be for ordinary consumers, this guide I have designed will help you to find your way out of debt by whichever means possible. By using some of the tips outlined below, you’ll be able to take control of your financial situation, bringing to your life a sense of stability that debt can often destroy. Loans If your debt is only small, and easy to manage for a week or a month, then you may wish to look to a loan to bolster your finances for the period ahead of you until the next paycheck you receive. These loans can be incredibly helpful, but you need to remember that not all loan providers are ethical, and many are hoping that you slip into further debt as a result of your exchange with them. As such, be very careful to vet any loans company that you interact with in order to know which you can trust. Cashing In Your second option is to cash in on some of your wealth and your assets in order to service your debt. Depending on the size of your investment portfolio, you may well have a choice of what you can sell to make the biggest impact on your debt while also not losing valuable possessions or investments. So, whether you choose to divest in your car and stocks, or release some equity from your home, you can make use of your assets in order to avoid larger spells of serious debt in your family finances. Lawyers Another option, if you find yourself in a predicament in which you feel injustice is being practiced, you may wish to find a lawyer to represent your interests in court. If you choose to go down this route, be sure to pick lawyers that you can trust, and those with a track record of successful comparable cases. You can seek great help with a debt lawsuit by searching for representatives online. Only turn to lawyers if you feel you have a decent chance of winning your case – otherwise, your loss will only result in further debt for your family. Making Sacrifices Finally, debt is usually the result of financial mismanagement. Sometimes it’s just bad luck, and often it’s related to socio-economic class – but most working families should be able to avoid debt in the modern era. If you do fall into debt, you will have to realize that sacrifices need to be made. These might include cutting down the food and drink that you love the most, selling some of your possessions, downsizing your home, turning to public transport, not personal transport, and dipping into the savings you’ve accrued for other purposes. Sacrifices, too, can get you out of debt. These four tips are crucial to help you get out of debt, whatever your particular financial scenario and however much you find yourself in...
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How to File a Patent for Your Invention

How to File a Patent for Your Invention
How to File a Patent for Your Invention Inventors are highly prized in any market, since their work is often the focal point that other infrastructure, marketing, and production coalesce around. But as an inventor, whether in a startup or independently, it is important to make the most of any invention you create. This means protecting your original work legally. In this article, we look at one of the primary tools at the disposal of any inventor: the patent, and how to file one.     Why File a Patent? Patents provide a level of economic security and market edge for their holders. They are specifically designed to incentivize invention and innovation, offering an avenue to significant potential profits for an invention that is patented quickly and correctly. Patents fall under the category of intellectual property (IP) law, and are one of four kinds of IP protection, the others being copyrights, trade secrets, and trademarks. Copyrights cover original creative work, trade secrets involve confidential information that benefits a company competitively, and trademarks protect branding and brand identity. However, patents may be the most powerful intellectual property tool. Holding a patent grants a twenty-year monopoly (in the United States) for the development, production, and sale of the invention in question. This means that no other companies can compete via imitation for this time period, allowing the best possible version of the invention to be produced and sold, gaining more profits by being a unique entity in the market. Filing a patent can make the difference between being swallowed by competitors who have the infrastructure to take your idea and produce it more cheaply or more quickly, and having the time and resources to perfect your invention and get rewarded for its genesis. Sure, the patent filing process is time consuming and costs money, but the potential benefits are immense. Is Your Invention Eligible? The United States Patent & Trademark Office, or USPTO, outlines what is and is not eligible for patenting according to the patent statute codified in federal law. Eligible areas include a process, machine, “article of manufacture” (manufactured product), composition of matter, or “improvement of any of the above,” as well as specific designations for unique plant patents and design patents that govern the nonfunctional design and aesthetic components of a product. So, if your invention happens to be a machine or a composition of matter, is it automatically eligible for a patent? In short, no. There are additional requirements that must be met for patent eligibility. These boil down to usefulness, novelty, and non-obviousness. To have any chance of being granted a patent, the invention in question must be useful. Usefulness here can be very broad and does not only encompass crucial or definitive needs and benefits. Things like entertainment and enjoyment can also qualify as uses. Novelty refers to being sufficiently unique and new in order to deserve a patent. This can often be an issue of contention, with gray areas existing between what constitutes a slight tweak or variation upon an existing idea versus a truly novel improvement. Lastly, being non-obvious may seem quite easy, but this determination usually helps to weed out inventions that are not really inventions but obvious combinations of previously existing factors. Before delving into the patent search and filing process, it may be a good idea to seek out a qualified patent attorney or law firm to determine what the best course of action is, as a professional will better know how your invention might fare.   Picture Courtesy: Taylorip The Patent Search Now that you’ve determined your invention may be patent eligible, it’s time to hone in on the...
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4 Questions to Ask When Choosing A Financial Advisor

4 Questions to Ask When Choosing A Financial Advisor
4 Questions to Ask When Choosing A Financial Advisor Research indicates that many people are intimidated by money and are, therefore, not so great at managing their personal finances. That’s because most people lack personal finance knowledge, according to sources. As a result, only 40% of Americans would be able to cover a $1,000 unexpected expense, Bankrate reveals. That means they’re only one emergency away from bankruptcy. About the Author: Michael Deane has been working in marketing for almost a decade and has worked with a huge range of clients, which has made him knowledgeable on many different subjects. He has recently rediscovered a passion for writing and hopes to make it a daily habit. You can read more of Michael’s work at Qeedle. Not knowing the basics about money management can cost you a lot (much more than what you would pay for the services of a financial expert). If you are one of those confused individuals, turning to a financial advisor seems like a logical choice. But how to choose one? Here are some questions to help you choose the right financial advisor for you.  1. How Will You Help Me Reach My Financial Goals? Let’s start with the basics. You would like to start saving for your retirement or you’re interested in becoming an investor but have no clue how to begin. The first thing you should ask your potential financial advisors is, therefore, this: how will you help me achieve that? In order to answer, the potential financial advisor will have to ask you several questions first. Don’t worry, that’s what they do. In order to help you achieve your financial goals, the advisor must know what your goals are, whether you’re looking for long-term or short-term wealth growth, if you are thinking about early, what is your current financial situation, how much you earn, etc. After receiving this information, the advisor will then recommend the best path for you to follow in order to achieve your goals. Keep in mind that the questions above are crucial for you to know whether to hire said financial advisor. They should not simply give you generic advice before hearing the details about your financial situation. 2. What Qualifications/Credentials Do You Have? Don’t forget to ask the financial advisor you’re talking to about their credentials and qualifications. Why should you hire them? Why is this important? Because there are countless financial advisors out there  and unfortunately, not all of them are equally good at what they do. You want someone you can trust with your finances. As you yourself don’t know much about personal finances, it would be easy for someone to misguide you when it comes to money management. Try to find a way to check their credentials and ask about their previous clients. Perhaps there’s someone you know among them so you can check this information. Speaking of that, if you don’t want to risk it, you should ask a friend or family member to recommend a financial advisor that has helped them before. 3. How Much Do You Charge and How Are You Paid? You have the right to know what this service will cost you so make sure that you don’t forget this question. You should know how much they charge and how they are paid too. Are they paid by commission or is there a flat fee? Some financial advisors charge a percentage for the assets that they manage while others charge an hourly fee. Knowing exactly how much the service will cost you will help you determine which financial advisor to hire. If you can’t afford an expensive advisor, perhaps you should...
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Local SEO Guide 2019 for Small Businesses

Local SEO Guide 2019 for Small Businesses
Local SEO Guide 2019: Rank Your Local Business In Google Maps 3 Pack For all types of small businesses, local SEO is considered to be very important. There are approximately 4 out of 5 consumers who use a search engine to get local information. This indicates that if your business is not optimized enough to be part of the local search engine, then you will miss out on almost 80% of the customers online.  To learn how to do SEO with the help of the best local SEO services, this article will act as your comprehensive guide. What is local SEO? The job of the local SEO is to promote the goods and services of a business to local customers and prospects.  To provide the correct information, the local search engine heavily relies on factors such as the links, profile pages, citations, and local content. This helps in delivering the most relevant yet accurate results to the user.      Understanding the local SEO tactics To make your presence known under the local SEO search results, there are three main things you need to do. The things you need to do is optimize your Google My Business profile, improve the on-page SEO through website updates, and try excelling on the World Wide Web.  Although these three tactics might sound a bit overwhelming, you can perform them perfectly, with a little perseverance and patience.  Google My Business The Google my business is the ultimate “crème de la crème” for local SEO search. This is because Google understands and feels very much comfortable in verifying and showing support. Therefore, this is the ultimate tool that will help your business meet all the requirements of Google. Once Google can verify your business, it will initially reward you with a sidebar space in the Local Google search. However, to be ensured that you are optimized under Google My Business tool, take the help of Google post in your account. Try encouraging your customers to leave positive reviews and reply only to the authentic ones. Updating websites Unlike optimizing the account of your Google My Business tool, five website updates will help you to improve the local SEO. The updates are, improve the internal structure of linking, optimize the URL, meta descriptions, title tags, headers, and contents, add location pages, and create top-notch content. Rather than that you also need to make your website user-friendly for all the online consumers. Engaging with the Wild Wild Web and the Directories After you are done with the above-mentioned tactics, it’s time to move to the next level. You now need to use your directories, NAP consistency, and inbound links to take your business near the end of success. If steps are done carefully in the process, then there is no one to stop you to reach the top search results on Google. Author Bio Ravi Sharma Ravi Sharma, CEO of Webomaze is a highly enthusiastic entrepreneur. His love for making every business reach the greatest heights in their industry made him establish his digital marketing company delivering the best local SEO services. He has got a great grip on the idea of effective SEO process and tactics which are vital for virtual exposure. He is a fun-loving person and a keen traveler who always hunts to find adventure in new places. Types of local SEO tools There are numerous types of tools used by the local SEO services, and some of them are mentioned below. They are Whitespark location citation finder. Moz local. Screaming fog. Ahrefs. Buzzstream. BrightLocal. The above-mentioned are widely used in the process of optimizing your local SEO search rankings for business to get noticed....
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Small Business Finance

Small Business Finance
Small Business Finance: What You Need To Know   Happy to associate with SeekCapital that provides consulting services and funding procurement to small businesses in a quick and efficient manner. This article originally appeared on seekcapital.com by Jon Zacharias.    Starting and running a small business without having some form of credit is nearly impossible. Many small businesses do not make it simply because they’re under-capitalized. One month where sales and expenses budgets cannot be met could signal the end for business that could otherwise have succeeded. Others find themselves unable to grow their operations owing to insufficient access to the necessary funds. The answer may appear to be simple: get a loan and grow your business. However, getting a small business loan isn’t always easy.   Tips for Super Organized Small Finances   Pic Courtesy: Solopreneurdiaries Getting a Bank Loan Since the recession, the FIDC has ensured that small businesses who apply for loans are subjected to very close scrutiny. The Dodd-Frank act of 2010 has effectively limited the possible sources of funding for small business. Many analysts feel that in doing so, economic recovery was slowed. Whether this is true or not, small businesses in need of additional capital often find themselves unable to secure conventional bank loans. But is a conventional loan best for your business? The convoluted application process takes a great deal of time and effort and few loans are granted. In addition, repayment terms are highly inflexible. Small businesses are increasingly turning towards alternative lenders in order to get the business finance they need quickly, successfully and under less onerous repayment terms than banks allow.   The SBA 7A Program   Pic Courtesy: Fundera   Getting the Small Business Administration to guarantee all or part of a bank loan might sound like a great idea in theory, but the program has been widely criticized for its limitations. Once again the application process is complex and lengthy and not all businesses can afford to wait up to three months to get finance approved — if it’s approved at all. Then too, the SBA isn’t actually offering the finance itself. The small business entrepreneur still has to work through a conventional bank and banks remain reluctant to supply credit to small businesses. By 2011 a Gallup survey found that although 88% of businesses had access to credit, only 29% were lending from banks despite the SBA program.   What Banks Don’t Take Into Account The main problem with getting bank loans is that banks want to see guarantees that you’ll be able to pay back the money. That’s fair enough, but instead of looking at how good your business’ chances of success are, they look at financial history. That makes things difficult for a newer business that doesn’t have the track record banks are looking for.     Remember, banks aren’t investors, they’re lenders. If the business or its owners don’t have the kind of credit history they’re looking for, they won’t issue the loan. Nowadays, financiers can use algorithms to project business income, but banks don’t use these tools when deciding whether you’ll get a loan.   Other Financing Options Getting finance fast, especially startup business loans, can be crucial to the survival and growth of small businesses, especially startup business loans. Since the banking sector isn’t making things easy for them, small business owners are increasingly turning to alternative sources of finance that offer them faster turnaround time, rate their creditworthiness based on the business itself and offer plans with flexible repayment options.   Merchant Cash Advances Businesses that handle a volume of over $5000 in monthly credit card transactions often choose the merchant cash...
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