Technology: BusinessServices

Showing posts with label BusinessServices. Show all posts

Monday, August 7, 2023

Small Business Start Up Financing

[ad_1] The number one question I get asked as a small business start-up coach is: Where do I get start-up cash? I'm always glad when my clients ask me this question. If they are asking this question, it is a sure sign that they are serious about taking financial responsibility for start it. Not All Money Is the Same There are two types of start-up financing: debt and equity. Consider what type is right for you. Debt Financing is the use of borrowed money to finance a business. Any money you borrow is considered debt financing. Sources of debt financing loans are many and varied: banks, savings and loans, credit unions, commercial finance companies, and the U.S. Small Business Administration (SBA) are the most common. Loans from family and friends are also considered debt financing, even when there is no interest attached. Debt financing loans are relatively small and short in term and are awarded based on your guarantee of repayment from your personal assets and equity. Debt financing is often the financial strategy of choice for the start-up stage of businesses. Equity financing is any form of financing that is based on the equity of your business. In this type of financing, the financial institution provides money in return for a share of your business's profits. This essentially means that you will be selling a portion of your company in order to receive funds. Venture capitalist firms, business angels, and other professional equity funding firms are the standard sources for equity financing. Handled correctly, loans from friends and family could be considered a source of non-professional equity funding. Equity financing involves stock options, and is usually a larger, longer-term investment than debt financing. Because of this, equity financing is more often considered in the growth stage of businesses. 7 Main Sources of Funding for Small Business Start-ups 1. You Investors are more willing to invest in your start-up when they see that you have put your own money on the line. So the first place to look for money when starting up a business is your own pocket. Personal Assets According to the SBA, 57% of entrepreneurs dip into personal or family savings to pay for their company's launch. If you decide to use your own money, don't use it all. This will protect you from eating Ramen noodles for the rest of your life, give you great experience in borrowing money, and build your business credit. A Job There's no reason why you can't get an outside job to fund your start-up. In fact, most people do. This will ensure that there will never be a time when you are without money coming in and will help take most of the stress and risk out of starting up. Credit Cards If you are going to use plastic, shop around for the lowest interest rate available. 2. Friends and Family Money from friends and family is the most common source of non-professional funding for small business start-ups. Here, the biggest advantage is the same as the biggest disadvantage: You know these people. Unspoken needs and attachments to outcome may cause stress that would warrant steering away from this type of funding. 3. Angel Investors An angel investor is someone who invests in a business venture, providing capital for start-up or expansion. Angels are affluent individuals, often entrepreneurs themselves, who make high-risk investments with new companies for the hope of high rates of return on their money. They are often the first investors in a company, adding value through their contacts and expertise. Unlike venture capitalists, angels typically do not pool money in a professionally-managed fund. Rather, angel investors often organize themselves in angel networks or angel groups to share research and pool investment capital. 4. Business Partners There are two kinds of partners to consider for your business: silent and working. A silent partner is someone who contributes capital for a portion of the business, yet is generally not involved in the operation of the business. A working partner is someone who contributes not only capital for a portion of the business but also skills and labor in day-to-day operations. 5. Commercial Loans If you are launching a new business, chances are good that there will be a commercial bank loan somewhere in your future. However, most commercial loans go to small businesses that are already showing a profitable track record. Banks finance 12% of all small business start-ups, according to a recent SBA study. Banks consider financing individuals with a solid credit history, related entrepreneurial experience, and collateral (real estate and equipment). Banks require a formal business plan. They also take into consideration whether you are investing your own money in your start-up before giving you a loan. 6. Seed Funding Firms Seed funding firms, also called incubators, are designed to encourage entrepreneurship and nurture business ideas or new technologies to help them become attractive to venture capitalists. An incubator typically provides physical space and some or all of these services: meeting areas, office space, equipment, secretarial services, accounting services, research libraries, legal services, and technical services. Incubators involve a mix of advice, service and support to help new businesses develop and grow. 7. Venture Capital Funds Venture capital is a type of private equity funding typically provided to new growth businesses by professional, institutionally backed outside investors. Venture capitalist firms are actual companies. However, they invest other people's money and much larger amounts of it (several million dollars) than seed funding firms. This type of equity investment usually is best suited for rapidly growing companies that require a lot of capital or start-up companies with a strong business plan. [ad_2] Source by Susan L Reid https://4awesome.streamstorecloud.com/small-business-start-up-financing/?feed_id=38196&_unique_id=64d125c59b867

Sunday, August 6, 2023

An Introduction to Home Kitchen Appliances

[ad_1]

In order to make life a whole lot easier, kitchen appliances were invented and developed in order to make food preparation and cooking fast and efficient. Over the last 50 years, a lot of major changes have been made to the most commonly used appliances in the kitchen. Furthermore, labor saving kitchen appliances have been brought about by the introduction of electricity.

Typically, the most familiar equipments that you can find in a kitchen are refrigerators and cabinets for food storage, a sink for dishwashing and cleaning food, and, of course, a stove for cooking.

For centuries, kitchens have been present in each and every household, whether big or small. Servants used to do most of the kitchen work in the past, especially in the homes of affluent families. However, housewives ended up doing most of the culinary tasks in the kitchen after the civil war period since most people don't have servants anymore. And because of this, majority of the kitchen appliance were invented to help in carrying out the job at a lesser time and with greater ease.

Choosing kitchen appliances can be a little overwhelming. There are both large appliances and there are also small ones. So it is necessary to plan your kitchen first before making any purchases so as to avoid going over the top. This will also prevent your kitchen from being cluttered with appliances that you might not even use at all. In that way, you can also avoid wasting money buying things that you don't need.

Another important consideration is the amount of time you are going to use a certain kitchen appliance. If you rarely have guests and you live on your own, buying a double oven cooker is not really a wise decision. It will just sit around the corner of your kitchen. So it would be better to purchase a smaller cooker instead and save a sizable amount of money.

You also have to consider the brand, size and style. You have to assess the available kitchen space and imagine how your kitchen would look like with the presence of your chosen appliances. Try to find something that would fit your kitchen and suit your cooking needs.

Before any kitchen appliances were developed, inventors and manufacturers were aiming to provide convenience. Users can save time and effort with almost all of the kitchen appliances available today. Because of the demands of modern society, households would truly appreciate the help that they can get from modern appliances because time is not a luxury that everyone can afford.

In terms of food safety, kitchen appliances can also fulfill this requirement. The quality and freshness of foods can be preserved with the help of large kitchen appliances like refrigerators and freezers. Also, one can cook at reliably hot and sufficient temperatures with the help of modern day stoves.

The development of kitchen appliances is endless with the acceptance of the public and with creative minds formulating technological advancements. Around the globe, people are always looking forward to new things that will help them have a more hassle-free time in the kitchen.

[ad_2]

Source by Stuart Max

Kitchen Appliances

Kitchen Utensils

Surge Protectors

Food Storage

Cookware

Indoor Grills

Camping Equipment

Kitchen Gadgets

Employee Retention Tax Credit

https://1home.streamstorecloud.com/an-introduction-to-home-kitchen-appliances/?feed_id=38181&_unique_id=64cfe3f75161e

Wednesday, July 19, 2023

Grass Colors and What They Mean

[ad_1]

Everyone knows that grass is green, but did you know that your lawn can change its color slightly throughout the year? The color of grass depends on the environmental conditions - how much sun and rain it gets and what the soil is like. Most subtle color changes are harmless, but if your lawn seems to be changing color drastically it could be a sign of an underlying problem. Below are some colors your grass may go, and what they all mean.

Dark Green

Dark green grass is a sign that it's producing lots of chlorophyll - this is a sign of a healthy plant. It's got enough nutrition to produce chlorophyll and thrive. Your grass may turn a darker green during the spring and summer when it has lots of sun, especially if you've fertilized during the spring. Make sure your lawn has enough water and you should have a lush green garden all summer long.

Yellowish

Yellowish grass isn't producing much chlorophyll because it isn't getting enough of the right nutrients from the soil. You may need to use a fertilizer to get the green color back. The best time to fertilize is during the spring and autumn, as this gives the grass time to take on nutrients before its main growing and 'sleeping' phases. If the fertilizer doesn't work your grass may have a disease.

Red

A red tinge to your grass could mean several things. Sometimes it's just a sign that the grass isn't producing a lot of chlorophyll. If your grass turns red during autumn and winter, wait for the warm weather to come round again because this might cure the problem. Some grasses, like Ryegrass, have a natural reddish hue so check what species your plant is. Red can also be a sign that the plant is under stress - this could be because of environmental conditions, or it could be because of disease.

Orange

Orange color is normally produced by fungi that live on the grass plant. Rust disease for example leaves orange-colored spores that come off if you rub the grass between your fingers. They're harmful and can kill the grass, but they usually don't kill the whole thing off. If you do have rust disease you'll need to treat your lawn to minimize damage.

Tan color

By the time your grass goes tan it's most certainly dead. Tan grass has been scorched and dried out in the sun, shriveled due to lack of water, or mown too harshly and succumbed to damage. If you've looked after your lawn and it's still dead it's probably been a victim of disease.

You should always try to make sure your grass has a healthy growing environment, as this may halt or reverse the color-changes you see. Make sure your lawn gets enough water and nutrients and ensure that you mow correctly. A stressed lawn is prone to weaknesses and this is when negative (although reversible) changes can occur. If nothing works then you should assume your lawn has a disease and look into that instead.

[ad_2]

Source by Sylvia Kittens

Hose Storage

Grass Seed

Wheel Barrels

Badminton Sets

Grilling Tools

Outdoor Speakers

Leaf Blowers

Limb Trimmers

Health and Entrepreneurs

Business Services

https://1home.streamstorecloud.com/grass-colors-and-what-they-mean/?feed_id=37933&_unique_id=64b8272aa484a

Sunday, June 25, 2023

Data Analytics Certification: Your Key to Building a Successful Career As a Data Analyst

[ad_1]

WHY SHOULD ONE PURSUE A DATA ANALYTICS CERTIFICATION COURSE?

Today's world is described as data-driven since gigantic amounts of data are being generated on a regular basis across various industries. In the current, highly-competitive scenario, access to it is fundamental for the businesses to have appropriately leveraged information that will give a competitive edge over others. For handling the enormous amount, there is an unprecedented demand for skilled professionals. You can discover how to extract worthwhile information from it and to enhance the ROI of a business by taking up a wide range of analytics certification courses.

The direction that the corporate world is taking today has made IT experts indispensable and the need is for current market leaders to be skilled in how to collect, organize, analyze and interpret data and how to transform it into valuable insights.

BENEFITS OF ANALYTICS CERTIFICATION COURSES

Certification is the best method to make a switch to a happening career. Certifications are regarded as proof of competency and expertise that you have gained and they are a trustworthy, accepted standard in this hi-tech world. Certifications are speedy and realistic "crash courses" to gain the necessary expertise as compared to acquiring an advanced diploma or a degree.

Undergoing analytics certification courses can assist you to expand your job prospects and to advance in your career. This certification is not only beneficial for the short term but provides long-term benefits. After learning the ropes of big data and analytics, it will help you make a financially productive career switch.

The best part of undergoing analytics certification is that it is applicable across each and every sector of the industry since all sectors have awakened to the need for adopting big data methodologies and techniques. These courses are also available on-line so now you can learn while you earn, expand your career and boost your job prospects.

PREFERRED CERTIFICATION COURSES

The following certifications mentioned are the topmost data analytics certifications preferred:

1) CCA Data Analyst

2) CCA Spark and Hadoop Developer

3) CCP: Data Engineer

4) Certified Analytics Professional

5) SAS Certified Big Data Professional

6) SAS Certified Data Scientist

7) IBM Certified Data Architect

8) IBM Certified Data Engineer

9) CCA Administrator

10) MCSE: Data Management and Analytics

WHO SHOULD DO THESE COURSES?

Pursuing a certification course associated with data analytics has become vital for those who want to advance their career in the field of big data and analytics. One must have the expertise and passion to deal with numbers, as working with enormous amounts of data is an extremely complex task; it is almost equivalent to solving a mystery with the help of evidence at hand. Data Analytics professionals use the data to conduct data mining, discover relationships between diverse types of data, test previous decisions and make predictions.

Choose a certification course that suits your career aspirations. There are innumerable career paths available after undergoing data analytics certification such as Data analyst, Data Scientist, Data Architect, Data Administrator etc.

[ad_2]

Source by Shalini Madhav

Epson Eco Tank Printers

Dell Laptops

Home Exercise Equipment

Health and Wellness

Products and Services Options for Business Owners

https://4awesome.streamstorecloud.com/data-analytics-certification-your-key-to-building-a-successful-career-as-a-data-analyst/?feed_id=37595&_unique_id=6498afa2bdfef

Sunday, May 21, 2023

Top 10 Small Business Bookkeeping Tips

[ad_1] These small business bookkeeping tips will help you get your books up to date and keep them that way in less time. They'll help you maintain financial control, and help you manage your working capital more effectively and securely.

Before you contemplate recording any transactions in your ledgers, organize your paperwork in your files according to these bookkeeping basics. It will save you time, and time is money.
Work out how much you earn in your business per hour. If the answer is more than what it will cost to hire a professional bookkeeper, then hire one. If not, then do the transaction processing yourself. Get a tax accountant to do your year end filing so you don't have to keep up with arbitrary government rule making, and miss out on tax allowances.
When you've got your paperwork in order then consider how you're going to record your transactions. This could be in a traditional hand written ledger, or more likely using software. Understand your bookkeeping software requirements before you buy anything to prevent dissatisfaction.
If you don't have much money for investing in financial software, then consider using open source accounting software.This can be obtained for little or no cost. Click the link above to learn the advantages and disadvantages of using open source.
After you've decided what you're going to record your transactions in then follow these basic bookkeeping tips to make sure you record your transactions in the most efficient manner possible.
Make sure all cash is accounted for by performing a bank reconciliation. Ensure the transactions that are recorded on your bank statements are recorded in your books, and the balance on your statement is in agreement with that in your books. Make sure that you know the amount of any uncleared and unpresented checks (cheques) which will explain any actual difference between the statement and the account on your ledger.
Likewise, make sure all petty cash is accounted for by counting the cash in your cash box and agreeing it to your cash book.
Perform routine counts on items you carry in stock, and ensure that what is recorded in your books agrees with the quantity you have on the shelf. This is an area where strict control pays dividends as unexplainable differences often occur usually due to sales 'samples', spoilage, quality defects, returns etc. This is an important area to get right as any differences will have to be reflected in the financial statements and usually affect the profit line directly.
Keep a Fixed Assets register. While not a ledger in your books as such, a fixed assets register is essential to keep track of essential business equipment. This means the cost, the location the depreciation, the purchase date and the remaining life. The value of these assets are carried in your balance sheet. It can be surprising how, as you grow, things you thought you had have gone! Especially small high value technology.
Follow these small business bookkeeping tips, but don't forget to use the information kept within your books intelligently. Working capital management is how you manage your daily, weekly, and monthly cash, debtors, supplier payments and inventory/stock control to keep you in business, and really make a difference to the bottom line (the profit line) of your business.