Keeping on top of your finances and business accounts comes part and parcel with being a business owner. Part of your job is ensuring you are keeping track of the numbers so that you know how much profit you are making, as well as your outgoings so that you can make a decision as to whether you need to cut down on business expenses or whether there is room in the budget to bring on another employee.Not all of us are number savvy or understand where to start when it comes to keeping on top of … [Read more...] about The Best Financial Tips for Business Owners
Banking & Finance
5 Reasons To Open An Offshore Trust Account For Your Business
Keeping your money in banks outside the country was once perceived as dubious. Usually, as seen on television or news, the ones who normally keep their money overseas are businessmen doing illegal transactions. However, opening an offshore trust account is completely legal.There are a lot of reasons why it’s beneficial to keep your money overseas. Also, if you have a business and you’re planning to expand globally, having bank accounts in other countries will surely give you an … [Read more...] about 5 Reasons To Open An Offshore Trust Account For Your Business
3 Things You Must Know About Capital Gains Tax
Learning about tax laws is essential for you to have an idea about capital gains. As such, there are various ways to determine your capital gains tax. It may vary depending on the items that you’re selling and your profit.Capital gains tax may not be a problem if you fall under the lowest income-tax bracket. It's because people who fall under this bracket are seen as not capable of acquiring taxable assets. Conversely, you can still have assets without worrying about the tax. This is because … [Read more...] about 3 Things You Must Know About Capital Gains Tax
3 Hidden Benefits of Debt Relief
Has it been a constant struggle with you to get your debt under control? Or perhaps, you are concerned about making payments timely or you have fallen slightly behind. Maybe it’s time to think about debt relief as a means of resolving your debt issues. Much has been written about the strategy and yet, there remain several hidden benefits to debt relief, let’s take a look at some of them... Financial AdvantagesOne of the perks of establishing a debt relief plan is the money you will … [Read more...] about 3 Hidden Benefits of Debt Relief
4 Tips For Getting A Payday Loan
There are a number of factors that can influence your current financial standing; you might have a lower tier salary that has you coming up short on occasion, maybe you had to take a pay cut due to the current economic crisis. Whatever your situation, you may need extra cash for a medical or financial emergency. One fast course of action available is applying for a payday loan.Reasons You Might Want A Payday LoanThere are many reasons a person may want a payday loan. To be frank, … [Read more...] about 4 Tips For Getting A Payday Loan
6 Steps To Setting Up Your Business’ Credit Card Payment Method
Consumers have grown accustomed to companies accepting credit and debit cards. With the right credit card processing company, accepting credit and debit cards is a simple process. Those who wish to accept credit card payments must do some research and determine which payment methods work best for them. Approximately three in four transactions today are made without cash, according to the 2019 Federal Reserve Payments Study.The increasing popularity of credit cards is attributed to … [Read more...] about 6 Steps To Setting Up Your Business’ Credit Card Payment Method
4 Tips to Be on Top of Your Personal Finances
If you find yourself constantly running low on funds, stuck in debt, or find yourself earning less than your desired living standards, then it is time to get your finances in order. No matter how much income you generate every month, there’s always a way to maintain control over your resources. The key is to stay on top of your personal finances. And to help those struggling with their financial situation, here are some tips to keep in mind.1. Begin BudgetingIf you’re having some … [Read more...] about 4 Tips to Be on Top of Your Personal Finances
Things to know about USDA Loan
The current Coronavirus pandemic has not left a single country into economic decline. Even the United States of America is experiencing an upscale in unemployment. As a result, its people need a helping hand in this time of disturbance. Indeed, this is the time where bank loans can come in handy. When it comes to mortgage loans, there are many options. However, there is one particular loan that can help in the current scenario. What is the USDA Loan?USDA loan stands for … [Read more...] about Things to know about USDA Loan
What is Green Banking?
Green banking is a type of banking in which public or semi-government financial organization partners with private organizations to accelerate clean energy deployment. It promotes environmentally friendly practices that reduce carbon footprint.The green banking concept is about the types of banking that promote online banking. It is a way of using online transactions for paying bills to avoid mailing them. It reduces the carbon footprint because of fewer banking activities and is also called … [Read more...] about What is Green Banking?
Canadian Fintech 101: What’s New In Lending?
The financial technology (fintech) sector is in a precarious yet prospective position right now. The ongoing pandemic has fast-tracked the adoption of systems like cashless payments and electronic loan applications. More people feel less compelled to exchange paper cash or appear in person to apply for a loan, given the risk of spreading the infection and prolonging the crisis.Canada has a growing fintech market, among the top ten alongside the U.S., The Netherlands, and Australia. According … [Read more...] about Canadian Fintech 101: What’s New In Lending?
A Guide to Reducing Your Financial Risk When Moving Abroad
Moving abroad has massive financial implications. You’ll likely have to sell valuable assets – like your home and your car – in your home country, which could mean coming into quite a bit of cash before you move. On the other hand, you’ll likely be investing in new things – again, like a house and car – once you’ve moved abroad. Not to mentions all the other expenses, like doctor’s visits, application fees, and plane tickets. Once you’ve landed, it may take quite a while for you to become … [Read more...] about A Guide to Reducing Your Financial Risk When Moving Abroad