All Posts in "NEW BUSINESS MATH"

When Should You Get a Loan For Your Business?

Do you face the dilemma, whether to lend money to start a business faster, ask the state for a business grant, or start more slowly? Don’t worry, you are not alone.

As a first step, make a list of all the investments that are necessary to be able to start your business, as well as to ensure the development during the first three months. Remember to add smaller items to the list, as smaller things make up more.

Also check– Instant loans

The list of business investment expenses may include:

  • Start-up expenses establishment of a business
  • Permissions documents
  • Deposit for rent or rent
  • Office supplies
  • Software
  • Vehicles
  • Marketing/advertising
  • Licenses, copyrights
  • E-shop or website
  • Reserve for your private expenses for the first three months
  • Legal advice, etc.

Plan (at least) twice, pay once

Before you pay for any item, first consider whether you really need it and whether you can … READ MORE ...

Sofia Benjamin by — March 5, 2021 in Financial Mathematics Topics
Tips For Saving Money On Office Supplies In Light Of The Pandemic Effects

Coronavirus hit the world of finance heavily. Economic downturns, a lot of businesses folding up, forced laying off of workers, etc – it did a whole lot. In light of this, it will be unreasonable to keep incurring unnecessary heavy costs if your business managed to survive the pandemic. As such, you must cut off unnecessary cost. Office supplies are major things that take up a lot of money, but you may never know if you are not discerning. Here are ways you can save money while buying the best office supplies:

Always Make an Inventory of All You Need

Do not be haphazard with your buying, plan before you spend your money. Make a list of all you need and buy them at once. This will pay you more than buying them in bits whereby you can be tempted to spend more money. You can check TheOfficeSuppliesSupermarket products to … READ MORE ...

Sofia Benjamin by — October 9, 2020 in Economics Business Mathematics
Personal Finance Advice For Your Upcoming Business

Personal finance is a concept that includes both the management of your money and saving and investing. This covers budgeting, banking, insurance, deposits, investments, planning for retirement, and tax and estate planning. The word often applies to the entire sector that provides individuals and households with financial resources and advises them on financial and investment opportunities. For growing your business, you also need debts and loans, you can check more on Business debt relief here.

By learning how to spend, the fastest way to expand your cash is. There are different safe sites available for economics advice; when you become an investor, you will be using your capital to buy items that provide the opportunity for lucrative returns by one or more of the following:

  • Interest and dividends from stocks paying savings or dividends and shares
  • Production of capital from corporations or real estate
  • Profit appreciation from a portfolio
… READ MORE ...
Sofia Benjamin by — October 2, 2020 in Finance Business
Are You Running a Business or Just Created a Job for Yourself?

I met using a potential client earlier this week and that he tells me that he feels as though he’s on a hamster wheel, but if he gets off his business won’t survive. At that point I remembered a write-up I read years back that asked the question; “have you been running a business or perhaps you have created a project for yourself?”

The difference is probably not obvious, but your answer is likely to make a significant difference in the way you operate your small business. Question! What will happen to your small business if you had to leave for a few months? Will your business still generate revenue?

Will your company survive?

I’ve arrived at the outcome that you can’t say you have a business unless you can let it rest for several months as well as the sales carry on and come in. So I ask you, … READ MORE ...

Sofia Benjamin by — May 24, 2020 in Outsourcing Business Calculations
Are You Building Your Wealth? Or Foolishly Wasting It?

If you happen to be linked to a small company that is certainly operating as a corporation or perhaps a limited liability company, have you considered the dangerous wealth loss implications and lethal asset destruction potentials of letting owners, directors, officers or managers (entity “actors”) of these business entities, because they operate it, to foolishly stray from the path of rectitude that normally results in effective asset development and wealth protection?

Trouble spots that can defeat personal wealth accumulation will truly develop along that path when those “actors” slip into improper groups of activities.

The following list consists of examples from your large domain:

failing to get and look after business financial records diversion of business funds to non-business purposes failure to adequately capitalize the organization acting without appropriate authority in the business failure to hold required and/or sensibly appropriate business conferences using business assets as a personal property using … READ MORE ...

Sofia Benjamin by — May 22, 2020 in Finance Business