• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Business Finance Articles

Your First Financial Choice....

  • Business
    • Starting a Business
    • Accounting & Taxation
  • Management
    • Project Management
    • Marketing & Advertising
    • Transportation & Logistics
  • Career
  • Banking & Finance
  • Investment & Money
  • Technology

Blog

VA Approved Condos for Military Veterans

Last Updated: May 23, 2020

Are you a military veteran looking for VA approved condos? As a veteran, you are eligible for quite a few financial incentives and benefits! One of these incentives is known as a VA mortgage. These mortgages have more relaxed restrictions than conventional loans. These loans help former servicemen and servicewomen afford a home once they complete their military service.

While most homes qualify for this sort of loan, some condos, unfortunately, do not. If you are on the market for a condo, you have got to select one among the VA approved condos to use this type as financing.

How does a VA Loan for VA Approved Condos Work?

A VA loan works similarly to a standard 30-year mortgage, except that it has relaxed requirements. With a standard mortgage, you would need 3-20% as a deposit. If you don’t have the complete 20% down, you will need to pay something called “Private Mortgage Insurance” or PMI. This insurance protects the bank from losses just in case of default. Your credit score must be sufficiently high also.

VA loans loosen these requirements a bit – for a VA mortgage on VA approved condos you will typically need a credit score of 650 or better. Many lenders will make the loan on a VA approved condo with a lower score (such as 620). However, with a score of 650 or more, you are far more likely to be approved.

Loans through this program happen to require no deposit and as a veteran you can buy your dream VA approved condo with $0 down. There is an upside to putting a minimum of 5-10% down: VA loans have a funding fee. At 0% down, that fee is usually 2.15% of the entire price. On a $200,000 condo that might be $4,300. With 5% down payment on the condo that rate typically goes right down to 1.5%.

On an equivalent $200,000 condo, the funding fee would be $3,000. By having the ability to put $10,000 down, you’ll save $1,300 on the entire loan amount. If you have got the funds that are sensible to place to use your money!

No matter what proportion you are planning to put down there is no PMI on a VA loan. If you set the bare minimum of three percent down with a standard mortgage, the PMI costs about 1% of the entire loan value per annum. On a $200,000 condo, that might be about $150 per month just for insurance.

In addition to not having PMI, VA loans typically charge 0.25% less per annum in interest. While the typical rate for a standard mortgage could be at 4.5%, a VA loan would often be at 4.25%.

To summarize, on a $200,000 condo with 0% down your monthly payment on a VA mortgage would be $983 per month. For the same condo given a standard mortgage with a deposit of three percent it would be a minimum of $1,100. All in all a VA loan not only saves you from needing $6,000 down, but it also lowers your monthly payment!

A VA Loan Sounds Awesome, but is my Condo Eligible?

While VA loans have incredibly favorable terms for veterans, there is one substantial caveat. You ought to select a unit from among the VA approved condos. If your required condo is not on the approved list, then you cannot get a loan to buy it.

To find condos that are approved, use the Department of Veterans Affairs website: https://vip.vba.va.gov/portal/VBAH/VBAHome/condopudsearch. The website seems like it belongs in the 1990s as opposed to 2020, but it works like a charm!

If you’re using a real estate agent, allow them to know that you simply are eligible for a VA loan so they can pull some listings from MLS that are VA loan eligible. That way once you check out properties together with your agent you simply focus on the ones that you will get a loan for. Employing a real estate agent is by far the quickest and easiest method to explore VA approved condos.

It’s worth noting that the whole complex is either approved or denied for VA funds. The Department of Veterans Affairs doesn’t check out each condo unit. If the condo project is approved, you’ll buy any condo unit within that complex.

If you’re a veteran and are watching buying a replacement residence, let your realtor know. Have them review all VA approved condos with you so you get into your new place with fantastic mortgage terms!

Filed Under: Banking & Finance Leave a Comment

Loan Against Property – Helping Entrepreneurs Realise Their Dreams

Last Updated: August 21, 2024

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.

Filed Under: Banking & Finance Leave a Comment

Three Things to Know Before Opening a Self-Directed IRA

Last Updated: August 21, 2024

Each owner with a self-directed retirement account or SDIRA is unique. You might be a professional investor with years of experience or you’re a Traditional businessman. Maybe doing IRA investments. Or you might be a novice in the world of IRA, and you prefer having more control over your investments. 

Regardless of the reason for choosing SDIRA, below are the three things you should know before starting your journey. 

Table of Contents

Toggle
  • 1 – Select your IRA custodian carefully
  • 2 – Pick among the Traditional IRA or Roth IRA
  • 3 – Don’t make prohibited transactions
  • To conclude

1 – Select your IRA custodian carefully

Yes, it’s feasible to open your IRA with any financial institution out there. But, very few of them know how to hold alternatives assets in SDIRA. A reliable custodian can help you with the complexity of owning an SDIRA.

They can also help you learn about potential risks like prohibited transactions and red flags, etc. If you’re looking for a reliable custodian, then you should consider approaching NuView Trust Company.  

2 – Pick among the Traditional IRA or Roth IRA

You might not know, but the IRS doesn’t identify the term ‘self-directed IRA.’ Since SDIRA is nothing but a Traditional or Roth IRA where you are managing or self-directing the investments. So, when you’re going for SDIRA, you have to pick between a Traditional IRA and Roth IRA. 

3 – Don’t make prohibited transactions

When you are making investments in an SDIRA, you have to avoid making transactions considered prohibited by the IRS. Otherwise, you might end up paying for inevitable tax consequences. Such transactions may involve using IRA money to purchase a property for personal use, or lending money to yourself or your family from your IRA, etc.

To conclude

Those were three things to know before opening a self-directed IRA. You need to choose the IRA services trust company carefully and avoid making prohibited transactions at all times. 

Filed Under: Investment & Money Leave a Comment

What are the Different Internal and External Sources of Recruitment?

Last Updated: August 21, 2024

A famous billionaire businessman, Jorge Paulo Lemann, once said: “The greatest asset of a company is its people.” Hence, employees are the key to success or failure in any firm or organization. If the employees work wholeheartedly with full efforts, the company will rise towards success.

This is the reason why entrepreneurs are critical in choosing the right staff members. Recruitment is a proper procedure which helps in finding a suitable worker for a specific job. There are two sources for recruitment, Internal and External.  

Internal recruitment means to hire an employee within the organization by notifying the job opportunity. In addition, the higher authorities try to find the best suitable candidate amidst. 

External Recruitment is the hiring of the people outside the organization. The employer hunts for the most qualified and the experienced candidates from the interested batch of applicants.   

Table of Contents

Toggle
  • Which Recruitment Source is Better 
  • 2 Main Sources of Internal Recruitment 
    • Transfer
    • Promotions 
  • 4 Most used Sources of External Recruitment 
    • Advertisements
    • Freelance Market Places
    • LinkedIn
    • Career Expos / Job Fairs

Which Recruitment Source is Better 

Although there are various ways to hire employees from both internally and externally, there are just as many positive and negative factors among both. 

First of all, internal recruitment does not need thorough evaluation as external job hiring of candidates. The employer has some knowledge and background of the employee. 

Furthermore, new ideas and skills are not passed in the company when hiring internally. On the other hand, external hiring gives birth to new ideas and enthusiasm which regenerates the company system. 

Moreover, an employee chosen from inside the firm does not need any special training or time while choosing from the outside requires some efforts to get the employee started. 

When selecting employees internally, the chances of hiring the wrong one is close to zero percent while the chances of hiring the wrong person for the job is risky.  

In addition, recruiting from an internal source does not solve the problem of unemployment around the world, but choosing from external sources gives a freshly new candidate a chance to give its best. 

Lastly, the managers have a limited choice when selecting internally. There is always the chance of finding someone more suitable. Likewise, the manager has a variety of candidates to choose the best possible.  

2 Main Sources of Internal Recruitment 

Transfer

The staff members of the organization are transferred to a similar job in another department with the help of reference from the higher authority. There is no change in the salary package, no change in the nature of work or position of the job. But on the bright side, it energizes the employee to perform better.   

Promotions 

Promotion in an organization or firm is the process of upgrading a particular employee to the next higher position. This increases the salary package, status, and responsibilities. Ultimately, it encourages other employees to work hard and achieve the next higher level.  

4 Most used Sources of External Recruitment 

Advertisements

Advertisement is the most widely used method to attract suitable candidates for a vacancy. The message for a vacant spot can be announced through print or electronic media. This is the best way to reach out to a massive number of job seekers. 

Freelance Market Places

Due to the Covid19, hiring clients through the freelance market place is at its peak. There are many places to get the job done by hiring freelancers through Fiverr, Upwork, Freelancers, etc. There is no need to follow the old ritual way to hire workers.  

LinkedIn

Technology has taken a role in many fields these days to facilitate us in various ways. One such way is the use of the LinkedIn app in job-seeking opportunities. This app allows employers to reach candidates from all over the world. 

Career Expos / Job Fairs

Nowadays, career expos are held on virtual platforms where the employers give details of the job they are offering. Both parties interact using services like videos, live chats, downloadable material, etc. This gives the organization the benefit to include expats in their staff. 

To sum it up, when it comes to hiring, the employer has a variety of choices to choose the best from the crowd of candidates. There seems to be no holding back to unlock the key of success! 

Filed Under: Career 7 Comments

The Five Most Threating Attacks Highlighted by RSAC

Last Updated: May 18, 2020

Ground purpose of the RSA conference is to take defensive initiatives hang around IT security events all over the globe that is particularly associated with industries and enterprises. It was first conducted in 1991 from then it has been taking place in the United States, Asia, Europe, and Current year San Francisco hosted RSA conference.

Team of experts and researchers from The SAN Institute enlisted the most threatening attack technique any organization can counter in the current situation which may go throughout the whole year. The session was also continued until the precautionary measurements have been discussed.

Out of so many threats I have listed some of them which have been facing for several years.

Table of Contents

Toggle
  • Command and Control (c2)
  • Living off the Land
  • Deep Persistence
  • Mobile Device Integrity
  • Two-Factor Authentication (2FA)

Command and Control (c2)

Command and control activity was supposed as a noteworthy threat highlighted by one of the instructors named Ed Skoudis. C2 which refers to command control is syndicated by botnet activity.

Skoudis suggested that if an organization maintains to control outbound traffic and focus on beacons and log anomalies then somehow successful to get rid of c2 activity.

He further advised us to keep a check over what is moving within organization IT systems means defender can do security checks within a system.

Living off the Land

Another chief threat raised by Skoudis was that a company or organization can have venomous attackers. They intend to do malevolent activities within the company’s boundary to defame its reputation. To encounter these mentioned attacks, an organization can implement protection measurements against living off the land attacks.

He recommended that organization can take help from LOLBAS project, which scrutinize the risk of attacks by providing effective tools system.

Deep Persistence

It is associated with unauthorized access to the computer systems through different software, which can damage computer devices of any organization.

Most of the time attached malware within cables connected to systems gets them towards catastrophe. These charging cables are the main source of storing malware which is responsible to reinfect the given system again and again. This is not the only reason for the failure of the system but it also manifests fragility of the company.

He suggested that organization can purchase cables and other peripherals from trustworthy resources.

Mobile Device Integrity

Hearther Mahalik, senior instructor and director of The SANS Institute identified mobile devices as one of the most common sources of technique attacks.

Mobile phones are the foremost essential thing in our life. Cell phones can be affected when they are stolen and snatched sometimes lost. Mobile phones get repaired also. In all these circumstances memory of cell phones is not cleaned and I can be misused by anyone.

She also indicated Apple IOS devices have high risk factor due to silicon vulnerability.

Two-Factor Authentication (2FA)

Implementation of Two-Factor authentication (2FA) is to provide adequate security to mobile users.

Hearther Mahalik highlighted the fact that some apps require phone numbers and automatically this gives rise to security issues in the sense that one can either give up from phone number or it can be allotted to another user. To low down the risk of being misused cell phone number by anyone else company can allot password as well as phone number which can change once it is entered in any application.

Filed Under: Journals Leave a Comment

Mental Barriers of Students and their Remedies

Last Updated: August 21, 2024

The term “Mental” is related to the state of the human mind and its psychology. The sense of a person works in such a way that it generates different impulses for different kinds of tasks, and our mind works well with the help of intellectual functions performed by our brain. If the human mind is kept away from psychological disorders, the aging process delays.

Psychological disorders include depression, stress, loss of appetite, OCD, and anxiety issues. These disorders have led students to give up easily and go broke. The major reason behind that is our education system.

Since a student is expected to stay busy with school/ college or university, from the dawn till dusk. This leads a student to develop anxiety and depression in his/ her personality and behavior.

Apart from the education system, being a little hindrance in the way of a student’s academic life, there is another major factor. That factor is societal norms and curricula.

Every society holds two types of factors: Encouragement as well as discouragement. These factors exert pressure on students such as social, academic load, stress and financial burdens. These effects a student life in a very bad manner. Students feel overwhelmingly anxious.

In accordance with the survey made “National College Health Assessment”, it is reported that 30% of the students were hopeless and heartless and had lost will-power whereas 20% had developed symptoms of being depressed and anxious. This makes them stay dull and tired, which affects their academic performance.

Depression affects cognitive functioning of the brain. This is the mental health problem, and it triggers the thinking problems of the students. It can build memory problems in student. Depression contributes to learning disabilities and leads to low performance in the school.

Those students who suffer from disorders like depression and anxiety have poor performance due to lack of participating in class, no relationship with peers, class fellows and teachers, mental disorders really influence academic performance.

Mental Barriers cause poor performance in the overall routine of a student. As Personality Grooming is a key factor in achieving success. But these mental barriers cause a full stop for Personality Grooming in student life.

The bad academic performance in the encouraging factor for underachievement. A student’s unpredictable performance is the major sign that indicates towards developing depression and anxiety.

For instance, a student does one task in an incredible way, but cannot do another task; this is a sign of anxiety and depression. When, for the long-term, these mental orders are not addressed or treated on time, they can create many long term side effects on child’s mind. It can cause them to forget things easily and make them not being able to socialize and interact.

Responsibilities of the Elders

Mental disorders have physical side effects too like fatigue, nausea and illness. A college is a stressful place for many teens, so it is very important for parents, friends, faculty, and counselors to get involved if they suspect a student has depression. In order to solve the issues that pose a hindrance in the way of student’s education lives, there are many solutions.

  1. The academic institutes must introduce services, i.e. psychiatric and counseling, so that students may not struggle.
  2. Students activities must be kept in check since the adolescent stages of his/ her life.
  3. More specifically, the students must be taken care of during their puberty stages
  4. The academic institutions, media, and counseling services should work together to sort out this problem.
  5. Students must be made feel free to expose themselves in front of their teachers, parents, and counselors.

Remedies of Mental Barriers of Students

There are seven remedies outlined below that can be used to overcome the mental barrier that acts as an obstacle in students’ academic life:

  1. Psychotherapy engagement rather than letting students coping alone
  2. Medication is better than suffering, and it really helps one out to feel more relaxed, happy and stress-free
  3. Healthy workouts and exercises for mindfulness
  4. Contemplating in nature: this factor is revealed by the philosophical model that “spending time in nature and connecting with it reduces depression and relaxes one’s mind
  5. Putting up with positive vibes and setting better social connections
  6. Improvement of Nutrition and having a balanced diet, as there is saying you are what you eat so one should always eat well to stay healthy and relaxed
  7. Avoiding alcohol consumption and usage of drugs
  8. The setting of healthy boundaries recognizes self-worth and achieve settled goals. These can work out the mental barriers to the students and their academic lives.

Filed Under: Career Leave a Comment

Why Digital Marketing for Small Business has become a Necessity?

Last Updated: August 21, 2024

Starting off as a small business is not a straight road. There are multiple impediments at every nook and corner. And, each of these hurdles tends to keep the business owner always on their toes. Among all these hurdles, marketing is one such area that is critical for the success of the firm. From planning a marketing strategy to implementing it with perfection requires complete business knowledge and the knowhow of targeted customers. And, even if you have that knowledge, leveraging it for the success of the business depends completely on the expertise.

The Need for Online Marketing for Small Business

In recent years, there is heavy competition on the rise, no matter what business you are in. This is why, it is important to carve a different marketing strategy for your small business and catch your competitors off guard.

Digital marketing is one such area that is extremely popular and relevant to what you want to achieve for your small business. The Local Dude Marketing, a digital marketing agency in San Diego California highlights internet marketing as the very foundation to win competition over other marketing strategies.

Developing an online presence eventually offers you an edge over competitors in your industry and provides a strong grip on the market. While the traditional advertising is pretty costly, digital marketing can be ramped up even from social media platforms, and that too for completely free. Plus, it is completely relevant to the targeted base of customers you want to tap and attract them for the growth of your business.

What would be the Perfect Digital Marketing Channel for Small Business?

From being completely free to paid digital marketing channels, there are multiple types of internet marketing techniques that could render relentless benefits in a small span of time. Some of these digital marketing techniques are:

  • SEO
  • PPC
  • Facebook Marketing
  • Google Adwords
  • Email Marketing

SEO – No matter, what is the budget of your small business; SEO (Search Engine Optimization) would be the perfect bet to drive both growth and leads for your business. SEO is completely free that helps you gain maximum advantage of traffic from Google and other search engines. However, SEO requires a lot of time to ensure that your website follows and maintain quality standards. But, it could unleash huge benefits in long term

PPC – PPC means Pay per Click is an online marketing technique to gain leads on per click basis. So, you market your business online on a fix fee per click when a potential customers lands on your business page.

Facebook Marketing– Facebook is extremely popular social media platform but is a hub of potential targeted customers that is attracting multiple businesses to market their product and services. And even if you don’t’ have a substantial amount of marketing budget; you could leverage groups and pages to market your business for free. But, you can even start with a small budget on Facebook and start a campaign on your own. Check why social media is so much important.

Email Marketing – Email Marketing in sync with social medial marketing could be a showstopper by turning leads into customers. Captures leads from social media platforms and turn them into customers with the power of email marketing. Check this cool infographic on the combination of email and social media marketing.

Google Adwords– Google adwords is a paid marketing channel that advertises your business on search engine as well as numerous websites worldwide. Hitting the nail on the head is quite important in the race to survival. With growing competition among businesses, the success mantra would be to be a trailblazer amongst all.

Filed Under: Marketing & Advertising Leave a Comment

Best Free Tools for Better SEO

Last Updated: May 14, 2020

So, folks today, we are going to enlighten you guys with the details of the top free online SEO enhancing tools on the web. Search engine optimization of your website is very much important if you are focusing on getting to the top ranks.

You guys must understand that without proper search engine optimization, you cannot even get your website to be indexed in the list, let alone top ranks of the list. For those of you guys who don’t know about SEO, know that SEO is the term that is used for the techniques that you use to get unpaid and organic traffic to your website so that it can be recognized by the search engine!

You must understand that you can easily traffic by paying bucks but that traffic would not at all be permanent and static and would not bring any specific improvement in your ranking position, especially if we talk on a long term basis. We want you guys to know that there are two types of seo, the first type of seo is known as on-page and the second one as off-page.

Now the first type of SEO which is also known as on-page SEO is the type in which you use the tools and tech to manage your website content and optimize it in the best possible way and the second type which is the off-page SEO is the one in which we use different signally and linking technique to improve reputation and position of the list.

Below we are going to talk about the tools that will surely help you in getting a better seo score and also in improving your position!

Article rewriter tools!

Now you must have been hearing a lot about these tools on the web and must be wondering that what has an article rewriter tool has to do with SEO, now we want you to know that this is a tool that helps you in on-page SEO and with these tools, you can easily get new and valid content and that for free too.

You see, an article rewriter or paraphrasing tool is the tool that helps you spin an already published content into a new one by changing its structure and explanation but by keeping intact the main idea of the content.

With the help of online article rewriter tools, you should know that you can not only save thousands of dollars that you pay to writers, but you also save hours of time.

Writing a 1000-word article can take one hour, but with these tools, you can easily get new content within less than two minutes. Now there are a lot of free and paid tools on the web that can be used for article rewriting, but we will recommend you to use the rewrite tool by the PlagiarismDetector.net, you can also use this link to get to the tool https://plagiarismdetector.net/paraphrasing-tool

Plagiarism checker tools!

Plagiarism tools are also other on-page SEO improvement tools. You guys should know that plagiarism checkers are an important part of your life, especially if you are related to the website business.

Today search engines don’t cater to even minor plagiarism in content, and if you have some plagiarism in your content, may it be accidental self, or deliberate, you are going to face a lot of penalties and consequences from Google and other search engines.

We want you guys to know that the plagiarism checker tools can help you authenticate your work for duplication and originality, and if your work has some portion of duplication in it, then these plagiarism checker tools can also help you in removing it very efficiently! One of the best tools for checking is by small SEO tools and duplichecker!

Backlink maker tools!

Now, these tools are the ones that are used for off-page SEO, and with these tools, you can easily index our new page and rank it to the next level without any complications and payments. Backlinks are actually the signals that you pose on other sites that will direct their audience to your page, and this traffic would be organic and will help you a lot increase your business.

Making backlinks or the concept of link building is not as easy as it looks like especially while talking about manual link building.

Using online backlink maker tools will get you a complete list of links and sites that will cater to your domain in their content. You can easily get high-authority, trustworthy, free, and relative links for your site with these tools!

To tell you about the best backlink maker tool, you can get the services from search engine reports. There are many more SEO tools, but we will like you guys to give these three a spin before you get more information about others!

Filed Under: Marketing & Advertising Leave a Comment

The Advisement of Muay Thai in Thailand for Business

Last Updated: August 21, 2024

Business all about people. It begins with a problem-solving skill which leads to the product and eventually it reaches the people who become your buyers. You understand the buyer’s needs and use your knowledge to find the best solution to tackle that problem. Companies who are doing well in their business are the pioneer in solving some problems.

Anyone can become a businessman and start making money. You just need to have a passion for what you do. When your passion generates commercial value, you start getting paid for what you do.

Then the next step is automating the business by having a skilled employee who will then replicate the process and make it fully autonomous.

Remember, the growth of the business is in autonomy. You cannot build the enterprise by working every day. You have to find a way to break the chain and get the work done by having skilled employees. This is where the management begins.

As soon as you notice your product has good demand and people are liking it. Start progressing in the structure creation. Get the essential technology onboard and you can have managers who will be taking of the smooth functioning of the business.

Your job will be overlooking the activities to avoid any breakdown. Once your business structure is implemented, you will have the opportunity to spend more time on expansion, idea development, and resource planning. These are a very important aspect of the business assures the high return.

With business development activities, you should also focus on marketing and brand building activities. When your brand reaches the targeted audience, it creates awareness in the industry. People from the same industry will visit your website to know more about your business and product or services that you are selling.

They will try to understand what you are doing in the industry. Your users will analyze the product you are offering. If they find your product is different then others, then they will reach you for purchase.

Everyone needs some sort of exclusivity. Your product will provide them and make them solve their product effectively. The quality of the product and customer satisfaction will decide how long you will sustain in the industry.

You should keep a close eye on the consumer who is coming back and leaving your company. If your customer is visiting again and again to purchase your product, that indicates your product is better than others. It is a sign that your product has the potential to reach a larger audience.

Things to do for Muay Thai Business

Muay Thai business owner needs to be more creative in structuring the business. It is the right time to grab the opportunity as the world is dealing with the pandemic situation.

Everyone is looking for a solution to improve their health. The Muay Thai practice would become their lifesaver technique. Start promoting Muay Thai online such as Suwit Muay Thai using various videos, images, and social media platforms to reach your targeted audience.

Use the educational video to make the people aware of this technique. Once you have built the audience, it will be easy for you to get them in the training program.

Awareness is the key to drive more users and align them to join the Muay Thai training program. Implement the given strategies and experience a big difference in the growth of your business.

Filed Under: Marketing & Advertising Leave a Comment

How you can make money with buying-selling used Jeeps

Last Updated: August 21, 2024

Since 1940, there are more than 30 jeep models designed by keeping buyer needs and requirements as a top priority. Jeeps are one of the most demanded vehicles in the US and company continuously upgrading their models.

Not everyone can purchase a new jeep, the same way; and not everyone is willing to keep using his old jeep. This brings the balance in demand and supply of used Jeeps. Ultimately; it develops the demand of Broker, Trader, Resellers, or Investors who buy old ones, modifies them, and sell on higher prices.

Table of Contents

Toggle
  • How to make money by buying old Jeeps and selling them at better prices?
  • How to buy parts at cheap prices
  • Best 6 ways to find a buyer
  • Final Words

How to make money by buying old Jeeps and selling them at better prices?

You can buy anything if you have cash in pocket. Being a startup, always keep looking for good options to buy; Jeeps are not depreciated too much. You must expect a higher price compared to other used vehicles. Buyers always want to buy a ready-to-use vehicle. They do not want to visit the workshop and pay money for repairs. It is you who has to show them good conditioned and well-maintained jeep.

Get linked with some workshop and let them know about your startup to get rock bottom prices. Never buy any part from the workshop, they have already added their margin in pricing. Try buying parts yourself to save a few more bucks.

How to buy parts at cheap prices

  • Initially, get a list of parts that are repairable and which must be replaced.
  • Find promotional campaigns for replaceable parts
  • To build your longer relation with the customer, always use the best options
  • Check different company’s parts, read customer’s reviews. You can get unbiased reviews about steering stabilizers on jeepequipment.com
  • After checking and buying things, let the mechanic do his work
  • After mechanical work, focus on appearance i.e., denting, removing scratches, lights and things that are seen
  • All this process will take some time and it must be done because Logically, being a buyer – no one will pay for less maintained or poor conditioned
  • Keep noting each penny you pay in all these processes to find the accurate cost per project/unit

Best 6 ways to find a buyer

You are ready to sell but who will buy it? Finding a good buyer is the most important thing. There are many easy ways you can do like

  • Social Media Advertisements, like Facebook ads, Instagram, etc
  • Advertising in local newspaper and magazines
  • Joining Different vehicle dedicated forums
  • Posting your vehicle photos on different buy-sell websites
  • Travel and Vehicle Lover’s Facebook groups are also powerful
  • Telling your neighbors and friends about your “Jeep for Sale”a

By doing all these, you shall start receiving queries for pricing. Many will want to visit you and take a test drive.

Final Words

Finding and turning the prospect into the client is the most important task in every business. Here you need to be a good salesman who knows everything about what he/she is selling. It’s all about dealing. If you are not good at convincing or selling, sell it using a different angle, you can also find a trader/broker who will charge a commission on sales. The other way is to contact a trustworthy used vehicle selling showrooms.

Filed Under: Investment & Money Leave a Comment

  • « Go to Previous Page
  • Page 1
  • Interim pages omitted …
  • Page 141
  • Page 142
  • Page 143
  • Page 144
  • Page 145
  • Interim pages omitted …
  • Page 175
  • Go to Next Page »

Primary Sidebar

Guys Check a Determine the Value of a Company

Every day, business owners and investors face an … [Read] about How to Determine the Value of a Company

American Express Gold Rewards Card Review

The American Express Gold Card remains one of the … [Read] about American Express Gold Rewards Card Review (2025 Update)

Good Project Management

Every organization aims to complete its projects … [Read] about Importance of Project Quality Management (2025 Update)

End-to-End Project Management

Every successful project needs a clear structure, … [Read] about Things to Know About End-to-End Project Management

Forklift

In warehouses, factories, and large distribution … [Read] about What Is a Forklift Tracking System and How Does It Work?

Project Management Budgeting Methods Explained

Every successful project starts with a plan — and … [Read] about Project Management Budgeting Methods Explained

Minimum Wage in Illinois

All employers in Illinois must pay their employees … [Read] about Minimum Wage in Illinois 2025 — What You Should Know

Taco Bell Entrance

Taco Bell, a globally recognized fast-food chain … [Read] about How Old Do you Have to Be to Work at Taco Bell?

Minimum Wage in Georgia

Different states have the power to set a legal … [Read] about What is the Minimum Wage in Georgia in 2025? State vs Federal Rules & FAQs

Smartphone open the Social Media App

Every startup dreams of building a loyal audience … [Read] about 7 Common Social Media Mistakes Startups Should Avoid in 2025

Calculate Receivables Turnover Ratio

Effectively managing accounts receivable is … [Read] about How to Calculate Receivables Turnover Ratio

Visa Lawyer Can Protect Your Future and Business Opportunities

Immigrating or obtaining the right visa can be a … [Read] about How a Visa Lawyer Can Protect Your Future and Business Opportunities

Personal Injury Disrupts Work and Financial Stability

Personal injuries can happen unexpectedly, whether … [Read] about When Personal Injury Disrupts Work and Financial Stability

A personal injury can turn your world upside down … [Read] about How Personal Injury Can Affect Your Finances and Business Life

car accident

Most people don't think about car accidents until … [Read] about How One Crash Can Derail Your Finances if You’re Not Prepared

Copyright © 2018-2024 - Business Finance Articles
About Team - Editorial Process - Contact US - Go to Blog - Terms and Conditions - Privacy Rights - Comment Policy - Privacy Policy
Follow us on Facebook - Google News