Debt management consists of various plans & strategies which help the debtor to repay the debt in the shortest period or repay debt in the best way.A person can appeal to debt Management Company if he does not know how to manage the payment. It’s an unofficial agreement between the creditors and debtor to the repayment of debt in the shortest time period with better plans.There are various companies out there offering the best dept management plans & programs to their valuable … [Read more...] about Debt Management Plan Pros and Cons
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Types of Taxes
Basically there are two types of taxes i.e. direct taxes and indirect taxes. However, there are further types of direct and indirect taxes. A brief list of both the major taxes is as under:Types of Direct TaxesProportional taxesProgressive taxesRegressive taxesDigressive taxesTypes of Indirect TaxesSpecific taxesAdvalorem taxesValue added taxesDirect TaxesThe taxes for which the burden of taxes cannot be transferred, are called direct taxes. According to H.Dalton, “A … [Read more...] about Types of Taxes
Advantages and Disadvantages of Holding Company
Advantages of Holding CompanyLarger capitalThe capital volume may be increased by the formation of combination. The constituent members combine together their financial resources in order to conduct large size business. Moreover improve method of production may be applied, scientific inventions may be adopted, new formula, latest technique and specialization within industry may be introduced due to sufficient amount of capital.Efficient ManagementCombination pools the services of … [Read more...] about Advantages and Disadvantages of Holding Company
B2B Benefits of SMS Marketing
SMS Marketing has been very famous because it delivers your message in cents, You can easily advertise your product to numberless people who you even don't know and can't reach too.Most of the businesses practice it. SMS marketing has many advantages to it. More than 97.5 % of messages are opened with 05-10 seconds of receiving.B2B SMS Marketing – The NecessityBusinesses are not practicing it as much as they should yet it is necessary for every business. We receive many Marketing SMS … [Read more...] about B2B Benefits of SMS Marketing
Advantages and Disadvantages of Debt Management Plan
Debt Management Plans (DMP’s) are agreements made between creditors and debtors via a third-party company. These agreements help you in paying your debts at a rate that you can afford with ease. Companies that offer Debt Plans usually involve helping you in paying out your non-priority debts such as:small medical debts; collection debts; bank or building society loans; money lend by friends and family; payday loans;overdrafts etc.The companies that arrange these are called Debt … [Read more...] about Advantages and Disadvantages of Debt Management Plan
Advantages of Advertising
Advertising is not bad; it is good in multiple perspectives, from the Company view, from the Media view & from Society view. Advertising is actually an introduction through different types of Advertising Media. Advertising is a costly tool used to increase sales which results in a more profitable company.Why Advertising ??There are lots of toothpaste brands. Some big companies own more than 1 brand of the same product with little variation. If brand A sale is decreasing company … [Read more...] about Advantages of Advertising
Disadvantages of Advertising
Advertising is good in some perspectives but Advertising Disadvantages are always neglected by Advertisers. In our daily life, we see lots of advertisements through different channels like TV commercials, Internet Ads, Email, Bill boards, boards at road, fixed LCD/LED at famous malls or roads etc. For registered companies these ads perform two basic functions to human mind.The first is to create your need for specific thing and second one is to build your interest in that product to satisfy … [Read more...] about Disadvantages of Advertising
Advantages of Partnership
The partnership is combining two or more people in the same business for mutual interest. There are multiple Characterized reasons behind the popularity of partnership comparing to a sole proprietorship, joint stock companies and public limited companies. The other side of the coin is the Disadvantages.Ease of OrganizationPartnership can be organized without any legal formalities. There is no license fee, registration fee, registration fee for the formation of this type of … [Read more...] about Advantages of Partnership
Advantages and Disadvantages of Paper Money [ Updated with Types ]
Paper Money defined as currency note used as medium of exchange and issued by State Government. People consider currency notes is a kind of money which performs all the function as good medium of exchange.Paper currency is convertible in the sense that it may convert in to gold and precious metals while it may inconvertible because it is not exchangeable in to coins.Now a day’s, Like Credit Cards (form of plastic money) paper money got more popularity than other forms of money.4 … [Read more...] about Advantages and Disadvantages of Paper Money [ Updated with Types ]
Top 9 Payday Loan Benefits – Why to Get Payday Loans
A payday loan is a little amount of money that is borrowed by an employee from an employer or the bank. This amount is paid back with higher interest rates. These loans are offered to those who can pay it back on earning their instant salary.This is the easiest borrowing service to qualify for. Almost all consumers who have a source of income will qualify, so if you are a potential customer, we recommend you to read the payday loan benefits and decide if this suitable service … [Read more...] about Top 9 Payday Loan Benefits – Why to Get Payday Loans
14+ Disadvantages of Partnership Business | Firm – Beware
A partnership can be formed without any legal formalities. Like sole traders, it is easy to form and simple to run. The partnership may be dissolved without performing any legal process. It does not possess a legal identity apart from its members but if you have written it clearly in contents of partnership deed, you may need to visit the court. There are much Partnership demerits that may be ranked differently by different writers but to me the biggest demerit is trust.From the operating … [Read more...] about 14+ Disadvantages of Partnership Business | Firm – Beware