Have you ever gotten $20 from an ATM and then wondered what happened to it? Start writing down everything you spend every day so you can keep track of where your money goes. Try it for a week, and you'll be surprised at how much you can spend on...
Setting up a business needs to work for you personally as well as from a business point of view. It's a big commitment that will take a lot of hard work, so you need to be sure you can do it and that your lifestyle can handle it. You also need to...
Once you know if your business will work and have looked at the market, it's time to make a business plan.
What is a plan for a business? It's a thorough look at your business, including its goals and finances. It shows what the company's...
A good business idea and a thorough business plan are the two most important parts of a successful business. The plan will put meat on the bones and turn your idea into something real and workable.
If you want to start a business, having a...
The "Merchant" is the name for the business that takes credit cards. The Merchant must open a "Merchant Account" with a "Merchant Bank," also called a "Sponsoring Bank" or a "Acquiring Bank," in order to accept credit cards.
This is the...
Operating expenses are costs that every business has to pay for that aren't directly related to its main business. Operating costs include sales and marketing, research and development (R&D), administrative costs, and other costs that don't...
Loans for businesses aren't always easy to get, and minorities may have an even harder time. Many communities and government agencies have set up programmes to help minorities get a small business loan when they need one, but the minority still...
When starting a new business or trying to grow an old one, money is always the first thing you'll need. As the old saying goes, money doesn't just grease the wheels of business; money is the wheels of business. It's the key to everything in...
Tired of the same 9 to 5 job? Tired of your work that doesn't pay off? Have you given up your dreams for a life that doesn't make you happy? If you've finally decided to break free, it's time to take a look at your finances and see how small...
One of the best investments you can make in your life is to pay for university or college. But, as you know, it is also one of the most expensive investments. Because of this, you need to plan your finances well before you go to the college of...