5 Things You Should Do After a Car Accident

Nobody is immune to a car accident no matter how careful you are as a driver. At any point in time, there are hundreds of drivers on the road trying to get from point A to B. Most drivers obey traffic rules and maintain good, safe road ethics. While others don’t. When you get involved in an accident, whether caused by you, someone else, or any external factor beyond your control, you must stop, call the authorities, consult with a lawyer, and seek medical attention. Accidents have been known to ruin people’s lives physically, emotionally, and financially. It is important to hire a good attorney to help you.

Here’s how you should go about it.

1. Stop, wait and help others involved or prevent further accidents

No matter how little an accident is, once you are involved, you must stop. You might be tempted to flee if it seems like a little accident but that only makes things worse. You will be charged with a hit-and-run misdemeanor. If you are unhurt, clear the road if you determine it will prevent further accidents from happening and help the other people involved as best as you can. Then call for help.

2. Call the essentials

The essential authority to call is the police. The police can coordinate emergency services based on the situation. If there is a fire, the fire service will be called upon. If anyone is hurt, an ambulance will be called. The next call you make should be to an attorney. This is to protect your rights. Giving unadvised statements might put you in trouble or at risk of losing your insurance claim.

3. Take pictures/videos and keep all records

People remember things differently, especially after a shocking event like a car accident. Try to document everything that happened as accurately as you can. Take pictures and videos of the scene, your car, injuries, and other people’s statements. Keep any medical and repair receipts for future reference. Your attorney, the police, or your insurance company might need them.

4. Inform your insurance

The car accident lawyers at Johnston Law Firm are experts at dealing with insurance claims and protecting your rights with the police. Insurance companies are typically slow and reluctant in processing claims. Hiring an aggressive car accident lawyer armed with your detailed records of pictures, videos, statements, and receipts can expedite your claim so you can get back on your feet in no time.

5. See a doctor and get checked out

This is the most important thing you ought to do. See a doctor and get checked out. You might feel fine initially. The adrenalin could give you a false sense of assurance that you are fine. However, there are internal injuries to worry about. Once checked out, remember to keep your medical report and bills.

Your health should be your top priority. Do not exaggerate your injuries or the accident in order to increase your claim. This could harm your case. Always consult with your lawyer before speaking with the police, your employer, and the insurance company. Your lawyer can help you avoid any criminal charges, reimbursement of lost wages, medical bills, and any other cost you may have incurred.

Continue Reading

Cash Doesn’t Grow On Trees: Expanding Your Home Business In A Budget Friendly Way

online casino

Large companies looking to expand have a luxury of being able to throw money at certain problems when growing. A smaller home-based business usually cannot do this due to cash flow and the need for a cost-efficient expansion. The good news is that expanding can be done with very little spending if done in a clever manner. The advantage a smaller company has is there are not multiple approvals that need to be received before starting out on a growth project. As the founder of your home business you can grow as quickly or slowly as you deem necessary with regards to the business’ health. Below are tactics that will help keep costs low when expanding so cash flow of the business is not decimated. 

Create Content Daily 

Creating content daily for social media accounts, the company blog, and offsite publications is important. Being able to rank higher on the search engines can be something that increases leads and sales immensely. If you are running some sort of drop shipping business then you understand how important online marketing is to generate sales. 

On social media you should be promoting content that is created as well as engage with followers. Not only engage with followers but also related social media accounts as this can generate followers in the company’s target demographic. Replying to customers about comments or complaints can also be quite useful. Salvaging a customer simply by acknowledging they might not have been happy with a product or service is at times enough. 

The company blog should be used to educate website visitors as well as be used as a resource by others in the industry. This can also host content like that of podcast, video, or a piece of interactive media. This is not the place to write up clickbait type articles as it is just a waste of time and money if you are paying a writer. 

Offsite publications can be a great way to increase brand awareness and showcase the knowledge of the company in an article. This is going to take outreach for a publication to accept a topic that you will write. Most publications are willing to give you a link in the article or in the author bio. Increasing your search engine presence as a company will end up helping with growth immensely. 

Sales Materials Mailed Can Increase ROI

Getting sales materials into the hands of a client with a custom proposal is important to say the least. Your company could be in competition with others that might be able to meet the client in person due to their proximity. To even the playing field getting sales materials to the client and trying to close a deal quickly can help salvage a sale that could have been lost to a competitor. Mailing 5X7 envelopes to “invite” the potential client to work with your company can be a touch that helps close the sale. Small details can make all of the difference so investing in print sales materials and the right custom envelopes will deliver on ROI. A sales prospect receiving sales materials the next day after a call will also feel like their business is valued which can be positive for your business. This type of diligence will have a potential client thinking that even if you do run a small company, the company will deliver high quality work. 

Ask Your Current Customers For Referrals

Incentivizing customers to refer your business to others can prove quite fruitful as far as sales go. Those that are proficient at sales just need an introduction from the right person to instantly have rapport with the sales prospect. If you feel uncomfortable asking current customers then asking former colleagues or reaching out to a former client that has moved on in their career can be effective. Reaching out on LinkedIn is a wise approach but not everyone monitors this platform so an email or direct call will get the job done in a faster fashion. 

Have Other Companies White Label Your Services 

The chances are that if you run a home based business is that your prices are lower than larger competitors due to having little to no overhead costs. Having a company sell your services as their own or white labeling them will not have an impact on your margins. Larger companies will set prices on your services to make sure they are earning without having to do any work besides sell the services. Hitting deadlines is far more important in these cases as the company selling your services has to worry about their reputation if a deadline is missed. 

Growing your small home based online business can be done without a large financial expenditure on your part. Track the ROI on all money spent as you might find putting money into a certain area yields great results. Grow your business without impacting your quality of product or service as this healthy growth ensures future success. 

Continue Reading

5 Lead Generation Tips To Grow Your Small Business

Having a wider reach could give you more prospective customers for your products and services. The question is, how can you reach your target audience without spending too much money, time, and other resources?This is where lead generation tactics can play a powerful role.

One thing to consider is how you can make sure that the visitors to your website or social media become truly interested in what you are offering. In terms of marketing, lead generation is a mix of quantity and quality.

However, having tons of leads doesn’t necessarily translate to achieving your goals for higher sales conversion rates. Lots of leads can mean that you have unqualified buyers who may require more persuasion prior to conversion (sale).

The following can serve as your guide to generating high quality leads that will grow your small business.

1. First Things First, Track Your Lead Generation

The first step is to track lead generation return on investment (ROI). This helps you allocate a budgetusing measurable channels that entice leads, whether you are using social media, email, your website, or direct marketing to draw them in.

Google Analytics is good for this. Google can help you identify which pages generate the most traffic to your site. Salesforce customer relationship management (CRM)can also aid you in keeping tabs on the relationshipsyou are building with potential customers.

Marketing automation software,like HubSpot is also useful to track potential customer activity. It also helps you deliver marketing content tailored to your target audience’s interests.

2. Leverage Social Media

Aside from boosting brand awareness and interacting with customers via your website, you can also leverage social media to enhance your sales pipeline. A few social media tips include:

  • Share content that drives traffic. The most effective way of generating leads via social media is publishing content that direct traffic to your site. You can share blog posts, links, and even discounts to compel people to click through to your website.
  • Build a loyal following. Make sure to get to know your online audience and share information that will highlight your expertise. Join LinkedIn groups and other social media groups relevant to your business. When the relationship is built, a customer is likely to trust your business more.
  • Focus on engagement. Don’t focus only on your company, but instead try to interact with others and be more helpful. When customers are ready to make a purchase, they will likely come to you.

3. Make Lead Generation Mobile

When your content entices customers to visit your site, the next step is to get them to convert. It is optimal to get contact information via an intuitive online form. Mobile friendly forms that are designed properly can increase your conversion rate.

Optimizing forms for mobile means that you need to consider how forms will look across multiple devices, and multiple screen sizes. Users are not supposed to make extra effort just to complete a form on a mobile device, so make it easy for them.

4. Create Powerful Content

The most important part of a powerful lead generation strategy is content. People are attracted to websites, because of the valuable content that is served up on a consistent basis. The great thing about it is content marketing is far more affordable than traditional marketing, and can generate more leads. Generate more leads with these smart tips.

To make your content marketing effective, you need to find a defined target audience and tailor content just for them. Create engaging and informative blog posts, ebooks, webinars, videos, and landing pages that provide solutions to pain points and prompt visitors to take action.

5. Use Email Marketing To Your Advantage

Emails are an affordable and effective way to generate new business opportunities when used properly. Concentrate on an opt-in strategy to make sure that your subscribers are happy.

They should love receiving your emails and remember to include a link for your audience to subscribe. A few tips include:

  • Send valuable offers. Your offers should feel exclusive and give useful information.
  • Include clear CTAs. Ensure that your customers know what you want them to do with CTAs.
  • Link to landing pages. This is where your customers will provide their details for future remarketing efforts. “For example, a page intended to sell a product will be focused entirely on that product,” DreamHost explained.
  • Optimize your website for speed. Make sure you optimize your WordPress website speed so every page loads quickly. Every second matters!
  • Thank your customers. Be sure to have additional content and don’t forget to incorporate social media sharing buttons that encourage leads to share.

Maximize Small Business Growth With Lead Generation

There are a number of ways to grow your small business, and lead generation remains one of the most effective. Build a lead generation strategy with string content marketing and be sure to connect with potential customers in a meaningful way. Are your lead generation efforts maximizing profits?

Continue Reading

3 Ways to Start Earning More Money on the Side

If things have been a little tight recently, you’re in need of a boost to your income. Your first option is to ask your boss for a raise. But they decline, even though you ask politely.

So what are you going to do? First of all, don’t give up. More money is in your future when you check out these three simple ways to make extra cash on the side.

1. Start freelancing

With more than 56 million people in the U.S. freelancing, the gig economy is booming. You can join their ranks by offering up your services as a freelancer.

In other words, you can take on individual contracts outside of your full-time job and offer your skills as a designer, accountant, or consultant to clients online. There’s really no limit to the kind of work you can find online.

If you aren’t sure where to start, these apps can help you find your first job:

  • Indeed
  • Fiverr
  • Upwork
  • CloudPeeps
  • Freelancer

One of the bigger perks of a freelancer is being able to choose jobs that fit your schedule. However, one of the downsides is how these jobs may affect your taxes. In the eyes of the IRS, you’ll be considered self-employed, so you’ll have to make your own tax deductions from your earnings.

Most financial advisors suggest you save as much as 30 percent of each invoice for tax purposes. You should put this into a separate savings account used solely for taxes, so you’re prepared for when you owe these deductions in April.

2. Become a rideshare driver

If you own your car, becoming a driver for Uber or Lyft is an easy way to make some extra cash. All you need is a vehicle that passes basic safety tests and a smartphone, and you can find passengers in your area.

Most ride-sharing apps operate 24/7, so you’ll be able to fit in time behind the wheel regardless of what your day job is. You can choose to work days, evenings, and even overnights to pick up people in need of a lift.

If you can manage to drive during peak travel times, you’ll be able to cash in on surge pricing. Since there will be more passengers looking for a ride, you’ll be able to charge higher fares during these busy times.

While most rideshare services will pay you like a regular employee (i.e., you’ll see tax deductions from your earnings), they won’t cover any maintenance you’ll need on your vehicle.

Whether due to a collision or simple wear and tear, repairs can be expensive. You should contribute some of your earnings towards an emergency auto fund in case you need to bring your car into the shop for work.

If your emergency fund isn’t enough to cover these essential repairs, you can find an installment loan online to help cover the bill. Online installment loans are easy, convenient alternatives to personal loans distributed by mainstream banks.

Their online applications are quick to fill out, and they have less stringent approval criteria. While you’ll have to produce contact and financial information, you may not need a prime credit score before you’re accepted like you would with most mainstream personal loans.

For more on what to know before you borrow, do some research on the online options in your state. You’ll be able to see if you’re eligible for these fast-acting loans.

3. Hold a garage sale

With the arrival of spring’s warmer weather, there’s never been a better time to hold a garage sale. The conditions are perfect. If you choose a weekend free of rain, you’ll be able to hock your wears for an entire day without feeling too cold or too hot.

In all likelihood, you have a lot of stuff to sell, too.

That gives you a prime opportunity to go through closets and cupboards to find items that you don’t need anymore. Go through your entire house with this mindset and start collecting duplicate or unnecessary items you can sell in a garage sale.

Don’t worry if where you live makes a physical garage sale impossible. With the right app, anything’s possible. You can find consignment stores to sell your clothing and online auction sites to sell everything else, including:

  • Amazon
  • eBay
  • thredUP
  • eBid
  • Swappa
  • Letgo

While most of these apps will take a cut of every sale, you’ll still earn money while decluttering the house. Now that’s a win-win!

Whether you’re a skilled IT technician, an expert driver, or a collector, you have the opportunity to make more money without relying on a raise. Forget about your boss and rely on yourself to boost your paycheck. Choose the option that works best with your skills and schedule, and you’ll be raking in more dough each week.

Continue Reading

Ways to Prevent Fights from Escalating in a Brainstorming Session

When brainstorming for the next marketing strategy to use, it is inevitable for people within the marketing team to fight. Everyone has great ideas, and no one would want to give up. It is okay to have different views on what to do next to advertise the products you sell, but it does not mean you can allow fights to continue. If you fail to control the situation, it could get too personal. These tips will help ensure a healthy discussion.

Find a facilitator

You can facilitate the discussion, or you can have someone else in the team do it. The role of the facilitator is like a referee, to determine who will speak first and who will speak next. If someone is interrupting the other, the facilitator can step in. This person needs to be in control of the situation and pause the session if it gets ugly.

Avoid shutting people down

When someone says an idea is terrible, you need to step in and prevent it. The session needs to be open. At this point, you cannot judge one idea to be awful in favour of another. Brainstorming is useful to ensure as many ideas as possible come out before you start delving deeper into each suggestion. It also needs to be clear to those participating in the discussion that shutting an idea down is a big no.

Set rules

Even before the brainstorming session commences, it is crucial that you talk about what will happen and what the rules to follow are. You will have a smooth discussion if everyone agrees to the rules. You can even include the members of the team to determine the rules to follow to allow ownership.

Invite the right people

You need different views for the next marketing campaign. If you intend to use a trade show stand since you received an invitation to join a trade show, you need various viewpoints. You can invite someone from your marketing team. You can also have another one from your production team who knows the products well. You can also have some of the most senior employees who might have a different take on the ads along with the newest employees since they might have opinions that are without bias as they do not yet feel a strong attachment to the company. Hearing different voices could help promote a more productive discussion.

Set an agenda

You need to let everyone know what to talk about. You can even inform them before the session date so they can prepare. You would rather have people come with ideas than telling them on the spot. They can research the topics to discuss. They can also look for trade show stand samples and trade show displays that could work if you are taking that route. If you start the discussion, and no one has anything useful to contribute, the meeting will be useless.

Making a successful trade show display along with other marketing campaigns could be challenging. It helps if you listen to different people and respect what they have to say.

Continue Reading

Six Ways To Save Yourself From Financial Ruin

Financial Ruin

Financial Ruin

As we all know, life can be unpredictable and no one knows what may happen next year, next month, or even tomorrow. Financial crises, poor investment decisions, or an overly extravagant lifestyle may undermine your financial situation. These six tips will help safeguard you from financial ruin and let you create a cushion against hardship.

1. Don’t overextend yourself financially.

It’s always best practice to manage your debt rather than allowing it to manage you. If you notice yourself in situations where your spending habits outweigh what you’re able to pay off, or just having a difficult time paying your month to month bills, then consider curbing your spending patterns down to a level that is more manageable for you financially. Think, maybe you spend too much on things you don’t need? Perhaps, there is a decent alternative to expensive things and services? Extravagant spending patterns are potentially red flags to upcoming financial problems.

2. Utilize employment benefits to the max.

Many employers offer benefit plans that, when properly taken advantage of, can be worth their weight in gold. Medical and dental insurance and even profit sharing are becoming more commonplace practices among larger companies as a way to retain loyalty, reduce turnover, and increase productivity. Be sure to utilize these benefits as they can substantially reduce out-of-pocket expenses in addition to lowering future tax liabilities. If you’re currently stuck in a lower paying position offering little or no benefits, consider the help of a job placement or resume writing service to kickstart the process of moving up the corporate ladder.

3. Consider getting health insurance.

Insurance no doubt will increase your expenses even more. Then how can it save from financial problems? It’s simple, if any trouble happens to you, instead of paying hospital bills from your own pocket, an insurance company will pay them for you. Of course no one wants to think about bad things happening to them, but we’re not immune to diseases and accidents. In countries where there’s no free medicine, health insurance will save you from potential hefty debts. It’s great if insurance is provided by your work, but if not, then it’s better to pay a little every month rather than risk being broke.

4. Choose Your Bank Wisely.

Many people don’t give it much thought, but bank fees bite off a significant portion of the family budget every month, especially if you happen to have a loan. Before signing a bank agreement, you should carefully study all the details, specifically what’s written in fine print. There may be hidden fees or sky-high fines if you don’t pay on time. If you don’t have the best credit history, most banks automatically offer more expensive loan rates. In this case, it makes sense to opt for second chance banking with reasonable rates despite previously having a less than perfect financial history.

5. Save money for a rainy day.

Everyone understands that saving money is a good idea, but not every person sees the right opportunities. Meanwhile, there are countless ways to put aside some money each month for those “just in case” situations. For example, you can open a savings account and automatically deposit into it with each paycheck. The most important thing is that this money is not too easy to access so that you don’t have the temptation to spend it.

6. Don’t trust questionable ventures.

Quick enrichment with minimal effort — isn’t that what each of us dreams of? Unfortunately, more often than not it’s just a pipe dream. If you’ve fantasized of riches from the internet, or a friend has pitched to you “the secret” for making easy money, take this information with a grain of salt. Because it’s more likely than not, it’s just another shady financial pyramid / get-rich-quick scheme. Is the opportunity to earn a few dollars worth the risk of losing everything? If you wish to invest some spare money, it’s better to contact a reputable broker or purchase government bonds. Profits may not be big, but the risks are going to be way less.

Continue Reading

Knowing Your Rights When Working for a Home Based Business

Working for a home based business can be a great experience. You get to be a part of a small company and can build camaraderie within the company that turns into lifelong friendships. You also get to learn how to multitask and do many jobs that are outside of your skill sets. So you get a great chance to learn new skills.

But sometimes these companies are run much looser than a company that is set up in an office and you as the worker must make sure that you pay close attention and protect yourself. Here are some tips to make sure that your working experience at a home business is the best one.

One That Acts Within the Law

When you choose to work for a home based business, it is vital that you select a company that abides by all of the laws for business that are applicable. This means making sure that they are legally registered and that they provide you all of the benefits as a worker required by law. This includes insurance, a minimum wage, and set working hours.

One important issue regarding working at a home business is how the company has listed you as a worker. Home businesses often try and save costs and open way to do this is to list their workers as independent contractors rather than employees. This allows them to save money on insurance and taxes. For you the employee, you will lose out on valuable benefits that you are due when you work for a company. In addition, if the government finds out that you have an inaccurate working status you can be legally viable and ordered to pay penalties.  

There are specific guidelines for an independent contractor but you can tell that you are an employee essentially if the company treats you like one meaning they provide specific orders to you regarding your job, you work in their premises, and you are not on a contract. Making sure of your proper status can keep you legal. If you suspect that you have an inaccurate employment status you need to contact a reputable worker misclassification lawyer like the Sattiraju Law Firm. They will help you to understand your rights and how to take action.

One That Values Your Contributions

You should receive specific guidelines and a set of objectives from your employer and when you meet or exceed these you should be in line for a promotion or a bonus of some sort. Companies today must realize that good employees are valuable and should be rewarded. If your company does not realize this and act accordingly you should consider leaving.

One that Pays You on Time

One of the challenges in working for a home based business is that small companies often have cash flow issues. This can lead to the owners asking you to take less money or to allow to not be paid on time. You should never allow a company this accommodation. When you work you should expect to be paid and on time. If your place of employment has cash flow issues this might be an indication that they are not going to be around long. It is definitely time for you to look for employment elsewhere.

Knowing what you can expect as an employee at a home based business helps you to understand your rights and what you should anticipate.

Continue Reading

Key Elements of Success For Small Businesses

There has been no more difficult time than the present to start a home based business. The competition is stiff and things are moving at top speed within industries anywhere in the world. With this in mind small companies must do all they can to keep up with competition and to gain an edge. There are some proven business approaches that any small business can adhere to that will greatly improve their chances for success.

Hiring the Right Employees

When you have a small business each employee you hire is important. Large companies can have the luxury of having employees who are not engaged or skilled. But your business needs people who want to see you succeed and are willing to do what it takes to get you there. When you hire you must get the best talent possible and if they agree to work with you, you have to treat them well and share any financial success you have at your company. Small businesses too often function as feeder companies for large businesses where employees will get trained by you and then leave for a large company to make money. So you have to pay them well and also make them comfortable at your business. In some cases small businesses give their key employees equity in the business and this is definitely an idea to be considered.

Managing Their Money

Small businesses typically go out of business because of money matters. They will raise too little capital, manage the money improperly or not generate enough money to fulfill their business plan and keep things going. For this reason money matters must be a primary focus for a small business. The business must bring on key money management tools like the free small business budgeting template from The Business Backer. This valuable weapon helps business owners keep their spending accounted for and to make smarter business decisions. Using tools like this can go a long way to adding to the good health and bottom line of a business.

Treating Customers Well

Small business owners must understand that their main job is to keep customers happy about them, their products and services. This means making their entire organization customer focused and always being available and ready to meet any customer needs. Today for a small business this also means having a robust online and digital marketing presence that interacts with customers and prospective ones on an up to the second basis. Companies must be responsible and ready to assist with any questions or complaints. They can also use these channels to offer discounts and rebates to those loyal customers or as incentives to get more loyal customers. In the end focusing on the customer gets a business positioned right and able to hold on to them as the competition heats up.

Companies today have the greatest challenges but they also have the most opportunity for business success, provided they do all of the right things

Continue Reading

Why Freight Factoring Has Become So Popular

If you are the owner of a trucking company, you need to make sure that every vehicle in your fleet is well-maintained, and that all of your drivers are paid. This is why cash flow is so critical to both truckers and trucking companies, as it not only keeps the business in operation, but it allows for growth opportunities as well.

This is why so many companies in the trucking industry rely on freight factoring to stay in the black month after month. Factoring continues to be one of the best options for truck drivers to collect money faster — because it generates the funds you need when you need them. Factoring freight invoices allows trucking companies of every size to receive immediate funding in the form of advances on unpaid invoices from a third-party factoring company.

The first step of the freight factoring process is quite simple, and as a trucking company owner you’re already doing it — you deliver your load normally. The second step is to submit a copy of the freight bill and other supporting documentation to your factoring company. This can be done digitally and instantaneously.

As a carrier, you will then be given an advance typically between 90% to 95% of the value of the invoice. A top-tier factoring company such as Accutrac Capital will advance carriers up to 97% of the value. The remaining 3% is kept in reserve and is remitted to the carrier once the customer pays on the original invoice.

You can see why this is such a popular financing option. Not only do trucking companies have access to a generous advance, but the actual job of collecting on the invoice now shifts to the factoring company, freeing up trucking company owners to do what they do best — track down leads and generate new contracts.

Freight factoring is so appealing because it offers a great deal of advantages that other financial solutions simply can’t. Factoring your freight bills is a great option because:

  1. It’s easy to receive your funding when you need it. Traditional loans from banks and other lenders are often very difficult to secure. If you don’t have the best credit in the world, or you’re a startup without a considerable amount of collateral, factoring invoices is going to be easier than securing a loan.
  1. Factoring speeds up your cash flow. Anyone in trucking knows that carriers need to be paid, and if they have to wait 30 to 90 days to receive their payment, it will detrimentally affect their bottom line — sometimes even to the point of bankruptcy.

Rather than waiting 90 days to receive payment for a service you’ve already rendered, freight factoring allows you to turn your accounts receivable — which would otherwise be sitting uselessly by — into the funding you need when you need it. With all the work you do as a trucking company owner, there is no reason why there should be a waiting period standing between you and the money you’ve already earned.

  1. Factoring gives you money to spend on growing your trucking business. When you are routinely stuck waiting for payment, it can become more and more difficult to take on jobs because cash flow is tight and you don’t have the cash on hand to pay for your drivers or maintain your fleet. Freight factoring alleviates this issue because you can receive payment upfront for invoices often within a day, allowing you to move seamlessly onto the next job.
  1. Factoring is not debt. Because you are essentially selling something you already own at a discount in the form of an unpaid invoice, factoring is not a loan and therefore there are no interest rates or hidden fees. Carriers simply pay a small one-time factoring fee when they receive their advance.

In order to stay afloat in the choppy waters of the trucking industry, consider freight factoring as an option for your business. Whether you have a fleet of four or four hundred, factoring can help you manage your cash flow, so you can keep your head above water.

Continue Reading

How Easy Is It to Achieve Funding for Your Home Business?

home business

home business

Many people dream of starting their own business and becoming their own boss but are being held back by a lack of funding. When you have a viable business idea that you know is going to make you a lot of money, not having the available capital to get started can put you in a very frustrating situation. No matter how unique or ground-breaking your business idea is it’s difficult to get it off the ground without the right funding. The good news is that getting business funding for your home business is much easier than you may realize. Let’s take a closer look.

Use a Business Credit Card

Business credit cards are one of the most efficient options to fund a startup, and it’s worth considering for any new business owner. Usually, obtaining a business credit card is a much easier process than applying for a business loan from the bank, and you have the option of only using it when you really need to, allowing you to have more control over how much you’re borrowing. And, many business credit cards come with relatively low rates; many even offer 0% interest promotions, making them a very cost-effective option of financing your startup.

A Small Business Loan

When it comes to applying for a bank loan, small, new startup ideas are facing an increasing amount of rejection. However, the good news is that there are now more small business lenders who’ll be willing to help provide your new company with the funding that it needs. Lending Express, for example, helps rejected SME applicants find the funding that they need to realize their business dreams by connecting them to viable funding solutions using algorithms and technology. When you apply, they will optimize existing funding and use the information that you provide to match you with a suitable lender.

Crowdfunding

Crowdfunding has become more and more popular, particularly when it comes to raising money for charity. However, it could also be a great way for your new home business to get the capital that it needs to get off the ground. It’s based on raising small amounts of money from a large number of people and can be done on popular crowdfunding websites such as GoFundMe or Kickstarter. Basically, anybody who believes in your business idea can donate as little as a few dollars to help you get started. Once you’re successful, you can reward your supporters.

Angel Investors

Generally, angel investors are those who are wealthy and prominent in the business world. An angel investor who believes in your mission will help with funding in return for an agreed percentage of your profits. And, some of the biggest businesses in the world today, such as Google and Yahoo, were helped out by angel investors during their early days. So, it’s definitely worth looking into, particularly if you want business support as well.

Today, there are several great options to choose from when it comes to funding your home business. Even if the bank rejects you, getting the funds that you need is easier than you think!

Continue Reading
1 2 3 16