I assume that almost all of us who are involved in business and finance have heard about Bitcoin. To some, it’s just a fad. To some other, it’s a wealth of opportunity. Well, if you are in doubt in deciding on which side you will stand, let’s get some Bitcoin basics covered, shall we?
1. What is a Bitcoin?
A Bitcoin is basically a cryptocurrency or digital money. It is a decentralized payment network powered by users without a central authority managing or regulating it.…
Whether you have a small business or are in the process of starting up then one must-have is ensuring you accept card payments – be it chip and pin or contactless like the ones you can find at Card Cutters, for operations in-house or online.
This efficient and easy to use system will not only increase your sales but also help your business grow and develop which is always good news in this time of economic instability. It isn’t only just your profits you will see improve but also your reputation as a retailer, so what exactly are the advantages you will find?…
To ensure the success of your business, you must have a seamless communication network running among your team members and customers. If you have problems with dropped calls but cannot afford to invest in expensive hardware, you should definitely consider using a virtual telephone system.
What you should consider while choosing a Virtual PBX system
Although several companies offer virtual phone systems, choosing the right service provider is not exactly easy. Each provider has their own strengths and specialties. This is something you need to consider before selecting a service plan or provider.…
The road to business success is paved with pitfalls, whether these are external economic factors or internal issues that lurk within your venture. Either way, it is important that you remain proactive as a business owner, and take adequate steps towards insuring your venture and protecting the financial investment that has launched it. Even as the British economy continues to grow, there is no guarantee of long-term prosperity and individual success often comes down to planning and preparation.
3 Reasons why you should invest in Comprehensive Insurance Coverage
While this may work in theory, however, what are the practical benefits of insuring every possible aspect of your business venture?…
Starting a business can be tough, especially if you enter a competitive market space such as retail. This is especially difficult in the existing market, as retail sales came in lower than expected during July against the back-drop of rising three-monthly borrowing figures. Sales rose by just 0.1% between June and July, for example, and while this is higher than the corresponding figures from last year it still fell short of the projected 0.4% month-on-month growth.
Retail Start-up: How a Temporary Location can boost your Chances of success
Given the challenging nature retail, it may be worth testing your proposed business model and venture in a simulated environment.…
With the UK economy back at a pre-crisis level, many business are starting to see that little bit of extra money move through their books each month. Of course, just because business is going well for many companies, it doesn’t mean that other companies are struggling to make ends meet in this post-recession climate. Thankfully, most business sit somewhere comfortably in between these two positions, and if you find that you identify with this, pay attention. Although you might be doing okay – financially speaking – financial upset could be just around the corner.…
In many ways, the existing economic climate in the UK is particularly empowering for small or aspiring business owners. Even though the validity of growth in the housing market and construction sector has been questioned by some, most data sets point to genuine growth and long-term promise for businesses nationwide.
Even good news such as this must to be treated with caution, however, as economic growth can never be guaranteed over a prolonged period of time. If you are launching a start-up firm or enjoying your first year of trading, it is therefore crucial that you protect your venture with adequate insurance coverage.…
If your investors recently pulled out, or if your loans simply aren’t enough to cover your start-up costs, it may be time to get creative with your business funding. You may be surprised that there are many types of financing that you can take advantage of especially if you have a great credit history. Other than these, there unique ways for you to get the capital you need for your business.
1. Downgrade Your Lifestyle
You might be surprised at how much money you can raise from selling your home or trading in your vehicle for an older model.…
As financial market traders and investors can testify, there is a common mind-set and philosophy required to access sustainable financial gains. While the way in which it is translated into individual strategies will vary depending on your appetite for risk and the specific market that you choose to operate in, it is underpinned by a number of fundamental values that must be clearly understood. It is therefore crucial that aspiring investors ask themselves some serious questions prior to making a financial commitment, in order to ensure they are equipped to achieve long-term success.…
In 2014, keeping costs low and profits high can often seem at odds with our companies’ need to be green. Despite this unfortunate reality, there are plenty of ways to increase the profitability of your business without causing any damage to the environment. In fact, if you’re smart about it, you can make your office a greener place to by and all the while increase your profits. In other words, although it might not seem like it at first, economic growth of your business and implementation of green ideas go hand in hand.…
