• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Business
  • Commerce
  • Management
  • Insurance
  • Banking Finance
  • Marketing & Advertising
  • Tech

Business Finance Articles

Your First Financial Choice....

  • Education
  • Career
  • Investment & Money
  • Accounting & Taxation
  • Transportation & Logistics
  • Industries

Jason Obrien

How to Become Irreplaceable at Work

Last Updated on July 17, 2020 By Jason Obrien Leave a Comment

Being an important part of a team for a long time means a lot to everyone. And the first most priority of an employee is to make his job secure. No one wants to be someone who can be easy to replace. After all its not a piece of cake to get a job nowadays. Especially the good one.

Great Tips to Be Irreplaceable on Workplace

So, to become irreplaceable, we have to put some effort. We have to invest. And we all know that we can do this only by making our manager happy. But how to do it. Let me give you some tips.

Build Better Relationships With Your Co-workers and Boss

The people you work with are a huge part of your life. Use your free time with your colleagues to build a relationship. Learn about their families, interests and try to solve their problems. When you deepen your workplace connections, you increase the likelihood that your name will come up first when a new opportunity arises.

The most important thing, be loyal to your boss and he will be loyal to you. Don’t let him have any complaints with you. Try to work according to his mood.

Do the Work that Matters Not the Work that is Easy

Your manager won’t be happy to know that you are missing the important task and keep doing things that are of no use to him. So, try to pick up a hard and crucial piece of work. Don’t ease yourself at the job. Otherwise, your boss will have an opportunity to fire you.

Go Beyond Your Boss’s Expectations

Impress your manager. Do a lot then he expects from you. Try to beat the deadlines from your boss. Let him think that you are always working. Reach the office before he has arrived and left for home after him.

Show Off Your Other Skills

The best way to keep your job is to prove you are valuable. Your former experiences can be great pathways to job stability. Whenever a new project starts to offer off all your skills and experiences and not just the one you were hired for.

Establish Your Own Professional Brand

It doesn’t matter if you are an advertising executive, an accountant, or a bank teller — you need to build your own brand. Keep your social media accounts up to date, start a blog or website about something that interests you, and always be mindful of how you portray yourself online because many employers check your social media accounts.

Solve Problems and Give Suggestions

Try to solve the problems. Don’t go and don’t let your co-workers go to the boss with every issue. Have the facts, understand the situation, and suggest solutions. Take the minor problems of the co-workers even if you don’t have any interest in it. This will improve your record and make a path for your job security as your name will come up first if a new opportunity arises.

Take Advantage of Educational Opportunity

Does your company offer an employee assistance program? Take the initiative and reach out to your human resources department or your supervisor and ask him or her to walk you through all the professional development opportunities available to you. Whether it’s a free workshop that will teach you computer coding or reimbursements for college tuition, many employers want to keep hardworking people. Show them you’re worth the investment and stay sharp for future opportunities.

Lead Your Team and Come Up with New Ideas

Lead your team. Bring out new perspectives that your boss will like. Take responsibilities, make commitments, and try to keep them. Be authentic and be confident. Try not to talk too much.

Work Initiative

Always be prepared for any kind of work. Try to volunteer as much as you can but give your first priority to your own work. You can make your boss happy by taking charge if someone else is not present. Never let go of any opportunity.

Be Reliable for Your Co-workers and Boss

Be confidential with your co-workers and don’t gossip about them. Be transparent and never play politics in the office. Give up all the facts even if the outcome will not be in your favor. Apologize and show gratitude.

Conclusion

So, we came to this conclusion that if you want yourselves irreplaceable at work, you should be loyal to your job, co-workers, and boss. You shouldn’t be the kind of person who says “This is not the part of my job”.

You have to prove your values to everyone. You have to convince others by your behavior that you are irreplaceable and that they will be in the loss by losing you.

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Career

How to set up and run an UberEats like online Food delivery business?

Last Updated on October 12, 2020 By Jason Obrien Leave a Comment

With just a few taps on smartphones, the comfort of dining has encouraged multiple users to use more online food delivery apps. The growth rate shows how fast the gap between offline and online is getting closed. And it’s no wonder that in a matter of a few years, online demand will surely surpass offline demand with greater numbers. So there is a need for a readymade UberEats Clone Software suite. This would help entrepreneurs to hit the road running.

Many on-demand food delivery apps like GrubHub, UberEats and Zomato confines two things – food and comfort. The entire process of ordering food has become more simpler with such instant apps.

The on-demand food app scripts are surely an instant hit among a large pool of mobile application users, irrespective of what demographic they belong to. If you are planning to fly the digital wave of the food app industry, This is the exact time to get started

Startup Models

There are generally three ways to get started with a food delivery apps script – the restaurant, the traditional aggregator and the delivery. You can build your own app from scratch or can use any instant app clones of many top applications. But the most suggested is to go with the second option. In that, ubereats clone is the best fit for your search.

Restaurant App – Just like its name, this works only with restaurants that need to launch their own ubereats clone for their customers.

Aggregator Model – This is an idea where a solopreneur launches a food delivery script that brings customers and restaurants together. A third party admin, the food startup owner, will manage the restaurants and customers near the demographics. However, the delivery will be carried out by the restaurants only.

Delivery With Logistics

This model brings more footfall than its previous aggregator version. Because eight out of ten restaurants prefer food apps which handle delivery too. If you are a newbie, and planning to launch a food delivery business more likely as UberEats, then this is the place where your business belongs.

Features Of UberEats Clone App

The following features are to be focused while planning to launch an UberEats like app:

Data Access

Information is the key behind every purchase. The realm of mobile apps has made it much easier in providing all the information with APIs. An API will fetch all the required information from different restaurants in a very automated way. The API will give all the aforementioned details to the customer, once he selects a food item from the menu of any restaurant. An informed customer is actually a loyal customer.

Payment

When it comes to online payments, give your customers the options by paying the way they want to. This gives a tantamount to great user experience. In recent times, customers are making a wide switch from paying through their cards to any UPI or mostly Google Pay. Integrating a number of payment options in your system will make them move faster with the checkout funnel. The faster they move, the quicker they’ll pay.

Order Update and Tracking

Customers should be kept informed about their order status which keeps them in the loop. Real-time notifications will definitely enhance user experience as customers know when the order will reach.

This real-time tracking feature can be carried out with the help of Google Location API (Android apps). At the same time, Google Maps helps the delivery partner to get the best route to the customer’s residence.

Analytics & Reports

The key to improving your services is actually analyzing customer behavior. With this, you can reach out to your customers in a highly personalized way. From frequently ordered food items to buying preferences, the information gives you the best power to enhance your food business.

The same data will help you make better recommendations based on the customer’s budget preferences, their favorite cuisine, and many other parameters.

Promo Codes

Do you want to increase the number of downloads of your renowned UberEats clone app? Then referrals are definitely the most efficient ways to go with. Promo codes will also be a great way to increase your ubereats clone AOV. Make sure that  you are sending promo codes and  referral points through push notifications.

Review and Ratings

The fastest way to analyze how your ubereats clone script is doing is in terms of user experience. Reviews are the real-time feedback on how your customers feel about your services. Reviews added to your app are really dynamic content.

Good reviews can be used for promotions and marketing, while bad reviews can be used as an improvement scope.

Ways to build the food delivery app

If you are clear with what essential features your UberEats clone app should have, then probably you need to finalize how the app should be built.

Hiring your developer is best applicable if you are going to work on your app every hour of the day, forever. A freelancer can also help you out in the best way, if that person lives in your timezone. Going with an application development company is the best choice. Because that will be the best custom solution which meets all your requirements.

 Conclusion

With a wide palatable food available with just a tap of a screen, the scope of food delivery providers will stay higher for a long period of time. You are able to focus on your business in parallel while your app gets built. So a totally win-win situation.

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Business, Technology

How to write a dissertation proposal?

Last Updated on April 29, 2022 By Jason Obrien Leave a Comment

The dissertation proposal in your academic career must be up to the mark for you to get the goods marks in your paper. Even though each document has a different structure in style in which it is represented, this is highly based on the type of research that you’re doing. The use of future continuous tense is very common while writing a dissertation proposal. It is important to know that every institution has different rules that a student has to follow.

There are different websites available that can help you make your dissertation paper up to the mark. If you are an expert in this field and have something to offer to help the students struggling to write their dissertation proposal, make your own brand website on which you can offer your services and earn a few bucks.

If you feel that writing your dissertation proposal can be a hard task for you because you’re already too busy with your other subjects, you can always hire a dissertation proposal writing service. All you have to do is to provide them the rules and requirements of the type of paper you want, and you will get the related services in a reasonable amount of time.

Your research proposal should contain a professional tone that can convey your insight effectively. The submitted paper should sound confident and should provide the required knowledge that can be counted as the highest possible academic standard.

What to remember while writing a Dissertation Proposal?

The dissertation proposal paper should have been very precise and appropriate. Your paper should be very arranged and accurate. The topic of your dissertation proposal should be interesting so that you take an interest in writing it.

Please do not pick a boring topic because it will not be a pleasant experience for you while you are right. As you know, a proposal is a small amount of paper that requires you to provide an insight into the problem and how you can solve it.

Make sure that you give the relevant theories and models. To give your paper an authentic look, provide appropriate methods, and use a suitable research methodology with a conclusion that sums up the whole document. 

Only by following and using the guidelines provided by your university, you will be able to write a very high-grade dissertation proposal. This proposal will surely help you get the goal scorer you have been aiming for.

Write your proposal ahead of time

Depending on your class schedules, you may be asked to deliver your proposal ahead of schedule. It is essential to know that if there is a chance of anything wrong that can happen, it will definitely happen.

So if you hope you may have a little time to procrastinate. Do not procrastinate. If you want to attain good grades in your research paper, complete your paper before its due date. So this is why it is crucial to complete your paper on time.

What should be included in a Dissertation Proposal paper?

A dissertation proposal paper has a proper structure and outline that must be followed when you write a proposal paper. The primary step of writing a proposal is to investigate your subject thoroughly so that your paper is filled with subject-related information. Here is what should be included in your proposal.

Title page

On your title page, you will have to structure the first page of your proposal and give it a structure that has been required by your university. This standard structure design will help your paper appear arranged. When the title page is done, move on to the next page.

Introduction

The introduction of the paper design should always attract the attention of the readers. It should be precise and accurate. The introduction of your paper should have an insight into what is available in your paper.

Research context

Once you have done your research, make sure that your subject is apparent and precise. The context of the paper must convey the theme accurately.

Overview of the research

This section should describe how your outline will continue to benefit the existing data. It should provide a valuable portion of information to systematic and organized research. This section should show the importance of your work for future research.

Research questions

In this specific area, the review should contain the central aspect of your proposal. Always include the related and relevant research questions in your paper, along with answers to those questions.

Research methodology

This section is the most fundamental section of your paper. In this part of the research proposal, your paper should make your paper have a profound investigation, configuration, theory, information variety, research methods, and materials and techniques.

Literature reviews

You must include original and crucial research investigations in the field of study in order to prove that the topic you choose has been examined and studied extensively and in detail to distinguish major perspicacity, speculations, and structures.

References and links

All surveys depend on fundamental and complementary scientific resources. You must be the sources of writing and other data sources for overhead reviews.

Conclusion

If you think you cannot complete your dissertation paper, get help from a dissertation proposal writing service. With the help of proposal writing services and administration, you will get the suggestions and topic choices that will be according to the type of your research. The proposal can be changed and altered to different criteria according to your needs.

Make sure that your dissertation proposal has to be unique and plagiarism free. This proposal may be your only chance to impress your teachers by giving them a well-arranged proposal paper and leaving them in owe.

As we know that all universities in the world have a different set of rules according to the requirements for their proposal papers, you must follow the standards set by the university in order to achieve the goals that you have set for yourself.

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Education

Why Accounting & Bookkeeping Outsourcing is a must in UAE

Last Updated on April 9, 2022 By Jason Obrien 1 Comment

Accounting and bookkeeping can take your business from bottom to top. Both of these functions are of huge importance to the company. The bookkeeping and accounting services are both functions related to finances.

In bookkeeping, the financial transactions of the company. This step is carried out before accounting. Accounting is the process of inferring, classifying, analyzing, and then summarizing and reporting the financial data of the company.

All types of companies no matter small, big or medium-sized go for accounting and keeping practices in order to keep their business going and growing in the right direction.

Small and medium-sized companies usually go for outsourcing the function of bookkeeping and accounting. The main reason behind it is that the services offered by the outsourcing firms are quite inexpensive and fast as well.

The experts working in the UAE agencies of accounting and bookkeeping are very well at carrying out the tasks related to accounts of the company. They are thus a good option for carrying these important functions out.

As we all are aware of the fact that there are a number of offshore companies that work in the UAE. These companies must know that accounting and bookkeeping functions are very crucial.

They are thus advised to go for outsourcing the functions of accounting and bookkeeping. This is because offshore companies are usually not fully aware of all the laws in the UAE.

It would, therefore, be better for such companies to outsource the function so that the accounting and bookkeeping firms in UAE may provide them with their services and help the companies in running their business operations properly and legally.

Bookkeeping is not very different from accounting. It has different financial nuances to tackle and that is why outsourcing service providers are the best option to consider. The bookkeeping firms in Dubai are a very preferable choice because it helps the offshore and inshore companies manage these functions in quite an easy way. Read more about the benefits of outsourcing accounting services.

If you want to set up a business in Dubai, take the help of accounting and bookkeeping firms in the UAE to help you with all such functions. This is because the experts working in these firms have good know-how about these business paradigms. They have very qualified staff which makes it easy for the companies to get disburdened.

For company formation in UAE, getting the help of accounting firms is very important because there is no company that can run without these operations. The accuracy and efficiency companies need can be achieved by outsourcing the firms.

The firms have expertise in providing the best services to their clients by appointing highly qualified accountants and bookkeepers. They also have proper knowledge about the changes in accounting laws and regulations which makes them follow the laws as per the need of the time.

There is a number of firms providing easy access to accounting and bookkeeping services to the international companies in the UAE. So, take their help and get the most convenient accounting solutions for your companies.

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Accounting & Taxation

What, Why and How About Video Marketing

Last Updated on October 25, 2020 By Jason Obrien Leave a Comment

Social media marketing is unraveling lucrative opportunities for people and grabbing them at this moment can become a great choice. Some social media marketing tips can work in your favor and add novelty to your business.

Let’s learn how you can advance social media marketing through video marketing:

What is Video Marketing?

Video Marketing, in a nutshell, means to promote your product/service using a video. You can create different types of videos for a strong marketing strategy. For example, there are explainer videos, how-to videos, live events video, promotional videos, etc. You can experiment among these to break the monotony for your audiences.

Video marketing can become handy for brand awareness, product description, tutorials for makeup, food, and fashion, and service-based videos. According to a survey by Wyzowl, 93% of businesses believe that it increases a user’s understanding of their product or service. So, why not to use a marketing video maker for your projects.

The term is itself self-explanatory, but many people are still not familiar with technical jargons linked with video marketing. For instance, we have SEO, CRO, and CTR.

Let us understand these technical jargons in a simple language:

SEO (Search Engine Optimization)

It means driving the traffic to your website through organic search engine results. For example: If a person is looking for a related topic on google or YouTube, your video will appear first. Tagging the right people will boost SEO.

CRO (Conversion Rate Optimization)

It is a systematic process of increasing the number of website visitors who take actions such as subscribing to the newsletter or buying a product. For example, many people may be visiting your website, but a conversion happens when a user buys a service or product.

CTR (Click-through rate): It tells about the number of people who are engaging in your videos.

Why Video Marketing? Video marketing is gaining popularity over traditional paper marketing.

Let’s learn why people are adding video marketing to content making:

  1. Awareness: If you want to educate your customers about the product or services you are offering, then video marketing is the right choice. It helps in retaining information in the minds of users. Everything can be easily explained in a video; for example, product demonstration.
  1. It boosts SEO: With the right keywords and tagging the right people, your video can reach a million people. Users will give likes and share your videos, which will eventually boost traffic and engagement.
  1. It boosts CRO: People tend to buy the product if there is an explainer video attached. It can act as a virtual doorway to the items you are suggesting. People order the products even though they are not in dire need of one, which increases the conversation rate.
  1. Videos can be full of emotions: You can connect with your audience and win them over. You can tell your story and engage with them. Like-minded people will start seeing you as an inspiration, and it helps in gaining loyal customers.
  1. Videos can increase social sharing: These days, social media platforms are becoming all about video sharing. Instagram allows sharing 60 seconds of video as a post, or you can put it as a story for a 24-hour display. Twitter and Facebook have also paved the way for videos.
  1. Users prefer videos: Not everyone is a reader. People usually skip through long posts, but when it comes to spending time watching videos, they are more comfortable.
  1. Videos build trust: A face-to-face interaction will give a personalized touch and help in providing an overview of what you do and what products or services you offer them. It can be followed by a fun session or giving updates (behind the scenes) for engagement. 

How Does Video Marketing Work?

  • Planning: Brainstorming is a prerequisite before you shoot the video. Plan your content, what it is you are going to talk about. Are you doing a promotional video with a voice-over or are you facing the camera? You can ruminate over a plethora of ideas before getting started.
  • Content: Tailor your message to the audience for brand awareness. Prepare core messages and reach out to the people.
  • Prepare a mini-script: Prepare the content you will speak beforehand. If you keep blabbing, you will lose out on people, and nobody will show interest in what you have in store for them.
  • Use advertisements: Use paid advertisements like displays on search engines to increase traction on your linked videos.
  • Get in touch with influencers: You can create videos and boost engagement but collaborating with influencers who are already in this field will give your work a push.

The cascading effect of video marketing has on upscaling business is quite evident. Once you start creating, you will learn the ropes. Video marketing can be easily mastered following the given tips. To make a video in the first place, you can easily access free video makers and YouTube editors like InVideo, which lessens your burden to create a gripping video.

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Marketing & Advertising

How to check for plagiarism in document free online

Last Updated on June 18, 2020 By Jason Obrien Leave a Comment

Plagiarism is considered as the act of ‘’stealing or theft’’. When an individual creates a specific content and you copy it without referencing the source and without giving credits to the person who has actually done the hard work, then your work is said to contain plagiarism.

Plagiarism is not only considered immoral but there are also some serious punishments for the people who steal another person’s work and pretend it to be their own.

What is plagiarism and types of plagiarism

Plagiarism can be of many types. Some of them have been talked about below.

Direct plagiarism

This includes copying someone’s work directly without the use of quotation marks. However, it involves taking parts and chunks of someone else’s effort, and therefore, it is different from other types of plagiarism. In such a case, academic disciplinary actions are taken against a person committing the act.

Paraphrasing plagiarism

Yes, this type of plagiarism also exists. When you take someone’s written work and just make some minute changes to it and portray it as your own, the plagiarism is detected. This kind of plagiarism is very common is especially found in the work that students do.

Unintentional plagiarism

Not every plagiarism can be considered unintended but yes, it does exist and make a type of plagiarism. This mistake is usually made by the students when they do mistakes with paraphrasing and show negligence.

Full or complete plagiarism

As the name indicates, this is the type of plagiarism in which instead of copying bits of other person’s research, the whole research is used and portrayed as one’s own. This makes it different from direct plagiarism which did not talk about complete but pieces of someone’s work. Full or complete plagiarism is the most severe type of being existing.

There are also other types such as self-plagiarism, source-dependent plagiarism and etc.

Why should one produce plagiarism free articles?

Every person’s or publisher’s work is now protected by copyrights. Copyrights are those rights that have been given to the owner of specific research or content which makes him or her able to protect their work. This means that legal actions can be taken against the person who commits such an act.

If you are a student, you can even get yourself expelled from your college or university. Students were even permanently expelled from their institutions which severely impacted their academic career. Moreover, it is dependent upon the institute’s rules whether they punish you by making you fail the course or they expel you.

On the other hand, some even more serious consequences include you violating the copyright laws and hence facing big penalties. These penalties might include monetary ones and even jail with a bad impact on your whole career and a closure of great opportunities from pouring in.

How to check plagiarism in a document free online

Since plagiarism is a serious issue, you have to be sure you check plagiarism before publishing an article or submitting an assignment.

Checking plagiarism is just as important as producing quality content. But going through numerous documents yourself and looking for plagiarism can be a problem and extremely time-consuming.

You can use an online plagiarism checker for this. The ones which have been listed below are some of the best pdf plagiarism checkers which can be used and are available online easily. Let’s like through their features.

Prepostseo

Prepostseo despite being free, has one of the best features that you would find in an online plagiarism detector. From being multilingual to advanced scanning techniques, it does it all.

As it has been mentioned above, plagiarism is of numerous types. Prepostseo makes sure that it detects all types of plagiarism by matching your documents against a vast database.

Since numerous plagiarism detectors do not offer privacy, people usually feel insecure and hesitant while using the software. Prepostseo makes sure that it does the maximum to protect your content so whatever you enter is removed as soon as you are done working.

It’s a free 5/5 plagiarism checker that offers efficiency, accuracy, and privacy.

Check for plagiarism

Check for plagiarism is considered one of the most suitable ones to be used for academic purposes. It has a large amount of audience simply because it is highly flexible and checks files in around 100 different languages which are great.

Since it is academically really friendly, it makes sure your documents are checked not only against different books but also against journals and articles.

In the end, it generates a report to tell you regarding the detected plagiarism which makes everything clear for you.

Plagiarism detector

Last but by no means the least, is the plagiarism detector. This tool, although costs nothing, does not have any limitations to the number of times it can be used in a day. You can use it without limits which are a huge plus because there are no hurdles in your work.

A highly user-friendly interface gives you the option to exclude the URLs which you do not want to check against and allows deep scanning through content which has been reposted numerous times before – all for free.

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Education

6 Benefits of Recurring Deposits in India

Last Updated on June 3, 2020 By Jason Obrien Leave a Comment

From the times where our grandmothers used to set aside an amount from their daily expenses to recently where individuals are opting for several investment schemes, savings have remained an integral part of our financial planning.

There are multiple investment options available in the market today, each offering attractive benefits to potential customers. One of these instruments is Recurring deposit. RDs aid in the savings plans of the individuals by allowing them to save bit by bit and earn guaranteed returns on the outstanding amount.

The Recurring Deposit Calculator

Many banks provide the feature of an online recurring deposit calculator. This calculator helps you in computing the interest and the maturity amount the depositor would earn from his recurring deposit account. One must remember that the returns from a recurring deposit are taxable and a majority of the banks levy around 2% on the premature withdrawal of a recurring deposit account.

This, in turn, results in most of the depositors making around 3.5% to 5% as returns on their deposits. Given these conditions about an RD, it becomes imperative for the depositors to use the recurring deposit calculator to determine the interest and amount they would earn out of their savings.

How to use the recurring deposit calculator

Using an online calculator is not only very easy but also saves a lot of the time of the investors. The output from this calculator is accurate which gives the investors clarity on their funds and in turn, helps in financial management. Using a calculator also helps in comparing several RDs from different banks and financial institutions.

Here is a quick guide on how to use the RD calculator:

  • Enter the amount that will be deposited in your RD account each month
  • Enter the tenure of the investment
  • Enter the rate of interest on the deposit using the slider available

The calculator gives the initial deposit, maturity amount, and wealth gained.

How is the recurring deposit calculator helpful

Since recurring deposits are continuing investments, the investors might find it complicated to calculate the returns on these deposits. There are numerous variables involved in the computation which makes it even more complex.

The Recurring deposit calculator makes this computation hassle-free and provides the investor with the exact value that their savings will accumulate after the tenure. All the investor needs to do is compute the TDS as it varies from institution to institution.

Here are a few advantages of a recurring deposit calculator:

  1. It enables investors in their financial planning with exact amounts of interest and maturity value
  2. Since the computation involves several variables, using a calculator for the purpose saves time of the investor
  3. It provides accurate figures which help in prudent planning

Factors affecting the rates of interest

The computation of interest rates on recurring deposits is done quarterly and these rates vary depending on numerous factors. The rate of fo interest is slightly higher for senior citizens than the regular RDs. Apart from that, here is a list of factors that affect the rate of interest of a recurring deposit account:

  1. RBI policies
  2. Recession
  3. Inflation
  4. State of the economy
  5. Tenure
  6. Applicant’s age
  7. Issuer’s rating

Features of a Recurring Deposit Account

Here are some fundamental features of a Recurring Deposit Account which make it a rather safe and convenient investment option in India:

  1. It inculcates a habit of savings
  2. The minimum amount to start an RD varies from bank to bank with the minimum amount being Rs. 10
  3. The tenure of an RD account ranges from t6 months to 10 years
  4. The interest rate offered by RDs is higher than that offered by savings bank accounts
  5. Generally, banks do not allow premature withdrawal. In case, they do allow premature withdrawal, they charge a fee
  6. RDs can be used as collaterals to get a loan equal to 80 to 90% of the deposit
  7. It can be regulated by directing the banks to credit amount from the saving account to the recurring deposit account

6 Advantages of Recurring Deposits in India

Here are a few benefits of investing in a recurring deposit account:

  1. Guaranteed deposits: Recurring deposits are one of the most preferred options among investors who are risk average and want to invest in an instrument that provides guaranteed returns
  2. Easy to understand: Recurring deposits are simple to understand and thus are a favorite among new investors. This type of savings instrument helps in inculcating a habit of regular savings
  3. The flexibility of tenure: RDs have several options such as short-term, medium-term, and long-term with respect to tenure. Starting from 6 months, this tenure can be as much as 10 years
  4. Low minimum amount: The minimum deposit required by banks for an RD ranges from Rs. 100 to Rs. 1000. This feature makes it a convenient savings measure
  5. High liquidity: RDs are highly liquid investments that can be withdrawn whenever required. However, banks levy a small premature withdrawal penalty for the same
  6. Collaterals for loans: RD holders can avail a loan up to 80 to 90% of their deposit by keeping their RDs as collaterals
Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Investment & Money

Standard Chartered digismart Credit Card Review

Last Updated on February 18, 2022 By Jason Obrien Leave a Comment

Standard Chartered’s DigiSmart credit card comes with a host features and perks on several popular brands that you can avail on while shopping online. This credit card lets the cardholders save some money and earn big on online shopping.

If you are looking for amazing discounts on big brands but don’t have this credit card specially tailored by Standard Chartered bank yet, you should consider applying for it. The detailed review of this credit card below will help you understand why!

Fee & Charges of DigiSmart Credit Card?

The first question that can pop up in our head is- what is the annual fee for this credit card? The unique feature of the DigiSmart card is that instead of a yearly fee, it charges a monthly fee of INR 49 only, which is waived off on spends of INR 5000 and above in the previous month. If you are plan to apply for a supplementary card along with this, same terms apply to this card as well.

Fee TypesAmount
Annual Fee (Primary & Supplementary cards)INR 49 per month, for each, waived off on spending INR 5,000 and above in the previous calendar month
Cash Advance Fee3% of the cash withdrawal amount subjected to a minimum amount of INR 300
Cash Replacement FeeNil
Cheque Bounce FeeINR 500
Late Fee ChargesINR 100

Features and Offers on Standard Chartered DigiSmart Credit Card

  • Myntra:
    • 20% of instant discount on the Myntra app or website
    • Discount is applicable on only for one transaction every month
    • Maximum discount capped at INR 700 for each transaction
    • No minimum transaction criteria are applicable
  • Grofers:
    • 10% of instant discount on Grofers app
    • Use the promo code DIGISMART while checking out
    • Applicable for five transactions every month
    • Maximum discount of INR 1000 every month
    • No Minimum transaction criteria are applicable
  • Zomato:
    • 10% of instant discount per transaction on Zomato app or website
    • Discount is applicable only on five transactions every month month
    • Use the promo code DIGISMART to complete a purchase using Standard Chartered DigiSmart Credit Card
    • There isn’t a minimum transaction limit
    • Maximum discount of INR 150 can be availed per transaction
  • INOX:
    • BOGO (Buy 1 Get 1) offer on movie tickets bought from the INOX box office, mobile app or website
    • Applicable to movie shows on Saturdays and Sundays
    • This benefit can be availed twice, per card, every month
    • Maximum discount of INR 200 per transaction, twice per month
    • No Minimum Transaction limit is applicable
  • Yatra:

International Flight Booking

  • 10% of instant discount on International flight bookings
    • Transaction size of minimum INR 20,000
    • Maximum discount limit is up to INR 10,000
    • Applicable on one transaction every three months
    • Use promo code DIGISMART while completing the purchase using SC to avail the discount

Domestic Flights Bookings

  • 20% off on domestic flight bookings
    • Use promo code DIGISMART while completing the purchase using SC to avail the discount
    • No minimum transaction limit
    • Maximum discount that can be availed is capped at INR 750
    • Applicable on one transaction every three months

             Domestic Hotel Bookings

  • 25% off on instant discount on domestic hotel bookings with Yatra
    • Use promo code DIGISMART while completing the purchase using SC to avail
    • No minimum transaction limit
    • Maximum discount that can be availed is capped at INR 4000
    • Applicable on one transaction every quarter
  • OLA:
    • 15% cashback on paying with DigiSmart credit card for cab rides using the Ola app
    • Maximum cashback of up to INR 600 per month
    • Not applicable on Ola auto, bikes or pool rides

Additional Features of the DigiSmart Credit Card by Standard Chartered

  • Balance Transfer Feasibility

You can transfer your credit card balance of an amount up to INR 5,00,000 from any other bank’s credit card to Standard Chartered’s card at attractive interest rates

  • Contactless Transactions

With the contactless feature, you can ensure faster checkouts along with secure, instant payments. You can still relish all the benefits of this card that can be swiped and used for standard transactions like your regular credit card for daily use

  • Kuch Bhi on EMI

This is an exclusive feature of the DigiSmart credit card where your credit card purchases can be easily converted into easy EMIs at any retail outlets or even at any eCommerce shopping site. You can make use of this feature through online booking, phone booking, or SMS

  • Loan on Credit Card

Eligible cardholders can get a chance to avail for a loan on this credit card for an amount up to INR 5,00,000 with a flexible tenure period between 12-60 months

Did you Know?

Anushka Sharma was the brand ambassador for the DigiSmart credit card campaign.

DigiSmart Credit Card: Why You Should Apply for it?

DigiSmart credit card by Standard Chartered Bank is a beginner level credit card that having a monthly fee of INR 49. Cardholders not having an existing account with Standard Chartered Bank can also apply for this credit card. Other than that, you can also apply when-

  1. looking for attractive discounts on online platforms for shopping, groceries, movies, cab rides
  2. looking for a credit card that has a low annual fee with the requisite perks

The Bottom Line

In a nutshell, the DigiSmart credit card comes with several attractive offers on online shopping, fine dining, travel, perfectly curated for the expedient lifestyle of the Millenials. The bare minimum monthly fee of this card also makes it exciting.

For people looking out for a standard credit card having exclusive discounts on various renowned brands, the Digismart credit card can be a good option. With its basic monthly fee with stellar discounts, it does stand out from the other credit cards.

This is an excellent option to explore, especially for millennials who prefer everything online be it shopping, travel perks, movie tickets, or ordering delicious food.

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Banking & Finance

Loan Against Property – Helping Entrepreneurs Realise Their Dreams

Last Updated on June 5, 2020 By Jason Obrien Leave a Comment

There has been an increased focus on entrepreneurship in India in the past couple of years. With the government easing policies and providing several benefits to small business owners, the start-up culture has taken firm roots in India, and many individuals aspire to set up their own ventures. However, there is one problem that is common to most aspiring entrepreneurs and small business owners – funding.

It is a fact that arranging for capital is almost as challenging as setting up a new venture. However, you can choose to borrow money against any property you own to procure the initial capital needed to set-up your business with minimal documentation at an equitable rate.

What is Loan Against Property?

Loan against property for business offers quick money with less hassle for business expansion by enabling entrepreneurs to mortgage their property and borrow money against it. Many individuals also mortgage their property to borrow money for personal requirements, like education and wedding, but this option is most popular with small businessmen owing to the low-interest rate as compared to an unsecured personal loan. 

If you are a self-employed individual or are planning to start a new business, here is what you need to know about securing business finance against your property:

  • Loan against property interest rates is much lower when compared with unsecured personal loans.
  • By mortgaging your property, you can borrow up to 60 percent of the property’s cost with a financial institution like PNBHF.
  • Borrow money as a lump sum or avail an overdraft facility.
  • Flexible repayment options and extended repayment tenure of up to 20 years.
  • Fast loan disbursal with minimal documentation. Some lenders like PNBHF also offer door to door personalized services for borrowers.

Who is Eligible For Loan Against Property For Business?

Loan against property is offered by leading financial institutions in India at competitive interest rates. Both self-employed and salaried individuals can avail such a loan by mortgaging any commercial or residential property. 

If you are a self-employed individual above the age of 18 years and earning more than INR 25,000 per month, you can apply for a loan against property to turn your business idea into reality.

Most banks offer multiple eligibility programs and will assess your loan application on criteria such as monthly income, age, property value, and your repayment capacity.

Conclusion

If you plan to start a new business and are searching for capital, don’t let your dreams wait by availing a loan against property to get your business off the ground.

If you own a commercial or residential property, you can mortgage it with any of the leading banks in India that offer loans against property to borrow up to 60 percent of the property price. 

However, bear in mind that when you borrow money against a property, you can continue to use it. But, you will get the property papers back only after you have paid off the entire loan amount to the lender. Assess your business risk before making the decision of mortgaging your property so that both your assets and business are well-protected.

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Banking & Finance

7 Essentials to Look For While Hiring a Virtual Assistant

Last Updated on April 11, 2022 By Jason Obrien Leave a Comment

We will not drain when telling you about the benefits of outsourcing virtual assistant services but of course, while deciding on the appropriate one you need to consider some valuable details. That’s why here in this article some of the essential qualities are discussed which will help in deciding.

A virtual assistant can be of great value to your business. They can take your business to new heights with increased productivity and smooth functioning. However, you can only reap the benefits of virtual assistant services when the person you have hired is of great skill and expertise.

If you want to be pretty sure about the usefulness of virtual assistants for your business, you need to have a brief look at the qualities that he/she must possess.

Skills of managing time

When you hire a virtual assistant you have to be sure that he matches your deadlines and time-bound tasks. A skilled virtual assistant will plan your things in advance and schedule tasks for increased efficiency. People with good time management skills will help you in organizing and aligning your tasks well. He will be able to manage multi-tasks simultaneously to ensure work is done on time.

Skills of communication

The virtual assistant that you are hiring must be a quick response to your messages, calls, and emails. If he is going to deal with the customers of your company on your behalf then he must hold the competency of dealing with them. The person you are hiring must be a good listener and work according to the instructions.

High-spirited

Virtual assistants are expected to be problem-solving and creative while giving solutions to their customers. He must hold the spirit and willingness to learn and apply in difficult and tricky situations. A good virtual assistant never hesitates and takes steps back when problems and situations arise. He must take out a way to combat the situation in the company’s favor.

Trustworthiness and reliability

A virtual assistant when given a task must perform it without reminders. They must reply to the queries of customers asked over emails or chats to ensure quality service. He must be honest with his work otherwise there is no point in keeping a constant check on his work. When you hire a highly professional virtual assistant you are ensured that their work is transparent and should not breach any company laws.

Pressure handling

Working can be very tedious sometimes but an excellent virtual assistant knows how to work in even a stressful situation. He must give the expected output stated by you under any circumstances.

Past experiences

A good virtual assistant should be experienced in his field apart from having an education in the respective field. It takes years to master some skills and time to polish them. Personal assistance gets refined while working in a real environment while cooking the skills in the furnace of real life situations.

Computer knowledge

Nowadays almost every task is done on the computer. A good Virtual assistant must be proficient in MS Office, email, the Internet, some software skills, and research skills. This will help him to carry out the tasks with much ease and perfection.

Final thoughts

A virtual assistant is someone who works in the desired role for your company and can handle all the work assigned to him. Hiring a virtual assistant is less expensive and proved to be a boon to the company. It’s like investing in an asset for assured returns. A virtual assistant is a profitable solution to all your small and bigger problems. Invest wisely!!!

Jason Obrien

Jason is the Marketing Manager at a local advertising company in Australia. He moved to Australia 10 years back for his passion for advertising. Jason recently joined BFA as a volunteer writer and contributes by sharing his valuable experience and knowledge.

Filed Under: Business

  • « Go to Previous Page
  • Go to page 1
  • Interim pages omitted …
  • Go to page 25
  • Go to page 26
  • Go to page 27
  • Go to page 28
  • Go to Next Page »

Primary Sidebar

House Security-Backed Mortgage
chip
Global supply chain
office meeting for Mastering Business Management
Packages
Mock test
apy vs apr
person hand holding paperboard and calculator, papers and book on a table
Sale for land
woman hand holding Pointer and writing in Notebook
home office meet in young boy and girl's
laptops on white table
girls hand on paper and man writes on it
consider every opportunity in your life as a road to a better future
businessman near stand in Window and using smartphone
woman hand holding black book and near man working
person using calculator and papers on table
a person scanning his credit card
Insurance Trucking Company
car accident
man use Shot Peening Machine
Hiring lawyer
property-insurance
Contingent Beneficiary
money in the envelope

Footer

  • About US
  • Contact Us
  • Blog
  • Comment Policy
  • Terms & Conditions
  • Privacy Rights
  • Privacy Policy
  • Follow Us On
  • – Google News
  • – Facebook
  • Entrepreneur Skills
  • Business Cycle
  • Business Ideas
  • Speculator
  • Be Wealthy
  • Psychology in HRM
  • HRM in Business
  • Businessman Qualities
  • Salespeople Types
  • Health & Business
  • Business Success Rules
  • Stress At Work
Copyright © 2018-2022 BFA