Top Tax Tips for Small Businesses

Maintaining good tax and accounting records and preparing your own tax return are major jobs that can take considerable time and effort. Small business owners are usually so busy running their businesses that these tasks can be neglected and they may not always have the budget to employ a chartered accountant. In London and other major cities in your region look out for government funded Business Hubs that will often provide some free information to give you a helping hand with tax affairs. If you do not completed your paperwork fully and accurately you could end up costing your business a significant amount of money in fines and interest on unpaid taxes. Keeping that in mind, take a look at these top tips for making your business more efficient with regard to all issues relating to tax.

Keep a separate bank account just for tax

It is essential to open a distinctly separate bank account into which you transfer regular amounts to cover your tax bills. Depending on when you get paid by clients and customers set up a periodic automated payment. This will help with controlling your cash flow and ensuring you have sufficient funds once your tax bill arrives. If you keep funds intended for tax payments in your main business bank account it is all too easy to spend that money before the bill arrives then receive a nasty shock and risk potential fines if you are unable to pay the full amount.

Tax Tips for Small Businesses

Use tax efficient payment schemes

Companies that are set up with one or more directors can often pay the directors a basic salary and then their remaining income can come from dividend payments (assuming the company has adequate profit to issue a dividend). This does not affect the amount of corporation tax a company will pay but it will minimise the amount of personal tax that the directors have to pay and happy executives make for a happy company.

Claim back Value-Added-Tax (VAT) on bad debts

If any client defaults on a payment then your business will not want to have to pay VAT or sales tax on the unpaid debt, particularly since you will already be out-of-pocket. So remember that for any invoices remaining unpaid after 6 months the business can reclaim any sales tax or VAT that has already been paid.

Take advantage of free advice from an accountant

Whilst your business may not be able to employ a highly qualified chartered accountant, especially if you are based in London or some of the other very expensive cities worldwide, there are still various government-backed initiatives designed to help start-up businesses, often with free accounting and tax advice available. However, accountants and tax advisers can be more affordable than you might think and a fixed-fee accountancy service can help budget effectively for these costs. What many business owners soon realise is that an accountant is one of those costs worth paying for the peace of mind that all your tax affairs have been handled correctly; that you have paid the right amount of tax – neither too much nor too little.

There are also many ways in which an accountant can save you money because they are familiar with all the current tax-reliefs available, and hence can easily cover their fee in the tax savings they make for you.

Apps for Forex Trading

Active investors and traders need to be able to access their accounts even when they are not at work or near a computer. Traders that are travelling and spending time with friends and family can benefit from mobile trading apps for iPhone and Android. These apps are provided mostly by brokers for their active traders. These types of apps also include stock market software apps.

Listed below are the best apps which cater to all the needs of traders:

  • StockTwits – This app has versions for both iOs and Android. It is similar to twitter and meant only for traders. It regularly shows the updates of the market in which they are trading. Market news, financial information, videos and charts can be accessed from the numerous websites and blogs. All the information available is in the real time. This app is considered the best mobile trading app for iPhone and Android and is available for free. One of the special features of this app is Watchlist which provides information about the stocks the trader is interested in.
  • Bloomberg – This tool is compatible with Blackberry, Android and iOs. It works on tablets and smart phones allowing traders to access their accounts even on the go. The information and news that this app provides is from the most reliable online sources. It lets the trader find stocks, view charts and also create a list of the stocks he/she is interested in. 
  • StockTouch – This app provides interesting visuals which make the process of learning easier. This free tool works only on iOs devices. It can zoom in onto a particular stock so that all its details can be viewed. This app also provides an interface to manipulate the charts of the trader. With a few clicks this app stays updated and keeps the trader informed as well. It has a very simple and user friendly interface as on the screen the stock which is rising is marked green and the one which is falling is red.

Each Forex broker uses their own preferred trading app. AlfaTrade for example uses the most popular and reliable MT4 mobile platform for trading and sends its clients trading signals for free.

How To Make Money Today?

There are a lot more options to make money online today and anyone can earn a solid income by working from home. No matter where you live, what you know and how skilled you are, you can earn money now.

Even though some people think that it takes time to get to some cash, that’s simply not true nowadays. 5 or 10 years ago, things were different. But today, you can complete the smallest tasks and get paid today. I know this sounds strange to some of you, but it’s the truth.

I’ll show you some of the examples here. They will provide an answer to every person who is asking: “I need money now, where can I get it?”
i need money
The first and the easiest thing to do is to join one of the survey companies and start earning money there. You will have to register, fill out the application and then you will start getting various surveys and forms to complete. You will get pay for each task you complete and the amount of payment will depend on the survey taken. Of course, some other factors will determine how much money you can earn, like where do you live and how quickly you can do the surveys.

One thing I would like to mention here is – make sure the company you choose is legit. There are several scam sites that will allow you to fill out surveys and never actually pay you. Stay away from these sites.

Your other option is to market your skills. If you can do something that other people might want to use, you can sell your services. There are many websites that you can use today and you can register immediately and start making money today. That’s right, if you complete a short task, you can get paid the same day. One of the most popular sites today is Fiverr, where you get $5 after you complete a certain task.

As you can see, it’s not difficult to find an answer to I need Money now question. A lot of websites and services are ready to pay you today if you are willing to do some work. So get out, find what you want to do and get some cash today!

Stock Market Software Speeds Up Your Business

Investing in the stock market is a lot easier than it was 10 or 20 years ago. The technology improved considerably in the last 2 decades, making it easier for the investors to make a profit. And today, with the help of stock market software, you can invest from the comfort of your home.

There are several types of software and even more companies who make it. You will have to do some research in order to find the stock market software that would suit your needs. Let’s take a look at three different types of this useful and efficient software.

First and the most basic type will track your purchases, prices, dates and will calculate the return. The most helpful feature is the one that helps you with the taxes. It’s very difficult to keep track of all purchases so this tool is a must if you want to stay hassle-free when the tax time comes.
stock market softwareThe second type of software is best suited for long-term investor. It’s meant to help with the investment safety and with predicting the potential of the stock. Instead of the price, it uses underlying fundamentals of a company you are interested with. Earnings are tracked in order to predict the growth, besides other things. This type of stock market software is a must for anyone who is serious about investing money in the stock market.

Third type is meant for all those people who are interested in short-term investments. The software helps with picking those stocks that will quickly increase so you can buy them and get out on time. The day trader has to understand the stock market a bit better to use this software correctly. It takes experience and knowledge to analyze the movement spikes and curves.

You will find various programs that will help you select the right stocks and most of the best stock market software are available for free download. Some of them are more, some are less complicated to use. In the same time, some of them can take many factors into account and sort through hundreds of stock to present you with good opportunities. You will have to do less work if you choose a better, more powerful stock market software. Of course, this comes with a price, but if you are serious about making money on the stock exchange, you need to have good tools!

Who Are You Rivaling Internally For Dollars?

Make certain any project proposal attracts your company’s, your company unit’s as well as your project stakeholder’s focal points, and than, you’re competing for the similar factor and capital as everybody else. This isn’t political. This really is survival game. Don’t make it happen and be a ‘green roof’ conquer your orbital stretch wrapper packaging line!

Sustainable packaging - what’s going to work most to take down ‘ recycle system for packaging’ . Could it be that eco-friendly and green roof proposal, or perhaps your horizontal stretch wrapepr line which will run light weighted packs with less scrap and fewer energy? Packaging lines perform exactly the same photo opp that goat’s munching turf in your plant roof will - however your Chief Sustainability Officer should much like your amounts better.

Will your require your packaging system save air supply, water consumption, electricity, and/or location space on the factory that must definitely be hydraulic station, the level of light, temperature? Today many factories face the problem in labor cost, it need cutbacks in most these assets, and each bit helps.

packagingConsider distributed drive technologies that lessen the warmth buildup inside electrical cabinets and eliminate the requirement for pricey ac and filtration, it helps to reduce machine dimension and require less space on the floor. To maximize the machine performance with energy-efficiency, also consider high quality components about electrical energy supplies part. The good idea is to have restorative energy supplies for your motor driving and servo drive along with normal Electricity designing between servo drives.

How easily operation in stretch packaging line running? Can your horizontal orbital stretch wrapper packaging system be reconfigured in control panel when the intended products go through? This is when automation can really assist the product entrepreneurs mitigating the danger of the program proposal.

What’s your technical trading service available in growth marketplaces? Could your automated orbital stretch wrapping machine line be readily used and supported worldwide with little if any modification, following worldwide electrical and safety standards instead of the neighborhood site’s internal standards? That might be a large plus.

Accounting impact programs for the stretch wrapper machine increase the packaging effective and lower labor requirement. Growing packaging capacity without requirement in more labor is a great justification. But automation in production line and horizontal orbital wrapper packaging line that may be a effectively scale for upper or lower with reduced attention from plant personnel.

Remember convergence of advanced technologies and finest practices that have an optimistic effect on apparently unrelated facets of procedures. For example, applying integrated device and shield for safety doesn’t simply make a stretch wrapping packaging line more safety for operator, this means more uptime which leads to measurable Overall Equipment Effectiveness enhancements. Now, the security with new technology network could be same network that links machinery together on the line, which also enhances OEE.

A Completely New Level Of Psychic Business

If you run a business, you know how stressful it is to make so many decisions during the day. And like if those small decisions aren’t tiring you down enough, there are those big, important decisions you have to make. Although these don’t come often, they can make or break your business. So, what would be the best way to stay prepared for the crossroads you will eventually come to? What would you say if I told you a great way to stay prepared and make a good decision is to turn to a psychic.

There’s a new business trend that everyone’s talking about because there’s a lot of celebrities who are involved in this trend. It seems that psychic Christopher Golden is doing something right because starts like Katy Perry, Rihanna, Angelina Jolie, Hilary Duff, Brad Pitt, George Clooney and Justin Bieber used his services.

Katy_Perry_sees_Psychic_Christopher_GoldenSome, like Hilary Duff, asked for advice about personal relationships. And the rumor is, immediately after Hilary visited psychic Christopher Golden, she divorced her husband. Rihanna also uses psychics to get out of or avoid bad relationships, find herself and move on to better things in her life. She and some other celebrities asked for career advice and wanted some help in decisions making.

When we know this, it’s no wonder Psychic Christopher Golden is paid $1,200 an hour. And I would say this is the main reason Playboy Magazine, Wall Street Journal and the Huffington Post call him The Psychic to the Stars. There’s a lot of psychics out there and many of them claim that they provide business advices to famous people, but you will find that Christopher Golden doesn’t do that at all. Even when someone contacts him about this issue, he claims that he doesn’t have any rich clients.

You have to say that this is a pretty interesting business model. You would definitely show off your portfolio if you had celebs for clients, but this psychic says he deals with clients who have everyday problems. He only explained he understands why famous people use psychic services, but here never mentioned any names.

If you browse the Internet for a bit, you will find many celebrities whose names are mentioned next to psychic Christopher Golden. A lot of famous, rich clients who seek advice are probably willing to pay a lot of money to get help. No wonder you have to pay $1,200 an hour to see this guy. And considering how much business he has, he is awfully modest.

AlfaTrade Forex Broker – A Great Business Opportunity

If you are looking for a good capital market trading broker, you should check out AlfaTrade. I’ve been using them for 4 months now and now that I got some experience, I have to say they offer a good platform for newbies and experienced traders both.

There’s a lot of educational material you can use (videos, eBooks, webinars) so you can go through these and connect the dots before you actually start trading. I usually had some time to read these in the evening and then make a couple of investment choices. Sure, Forex is a fluctuating and complex marketplace so you really have to understand what you are doing. And this is why all those educational tools are for!

AlfatradeWith AlfaTrade trading solutions, it is easy to follow other successful traders and figure out how Forex works. What’s best, you don’t have to spend a dime to learn all this. You can learn a lot before you start investing real money and I think this is a great benefit for all who decide to go with AlfaTrade. I would say that this was one of the biggest reasons I joined this brokering service. I had wasted enough time with the wrong brokers and I’m happy to say that customer service here rocks! I had a few questions and I got the answers quickly, which helped me a lot. There are some obstacles you simply can’t overcome on your own, so you need some help. And this is exactly what you get with this broker. I’m not sure if I would be able to learn so much in such a short time without all the tools they provide, with the help from customer support and other traders who were willing to share some tips and tricks.

Another thing I learned is that AlfaTrade is funded by knowledgeable Forex pros who know what their customers want and how to improve their experience. This is a powerful ECN Forex brokerage company that is FCA regulated. You will get a full support, 24/7, and will be able to become an affiliate. This is really interesting because you will be able to create a lot of partnerships. You can get marketing materials and get help to convert your traffic properly. The more traders you send to AlfaTrade, the more money you make. Revenue share goes up to 35%, which is superb! You can make money by trading and my marketing AlfaTrade services to others. At this moment, I think this is one of the best business opportunities.

The Dangers Of Online Business

The last post got me thinking about how hard it is to start an online business for an individual or small group of people. The things are much more easier for large companies or brands that are entering online world. They have a lot of experience, already know where to look for resources and their budget is quite substantial.

If you are an individual or a small company that wants to make a living online, you are in for something special. Finding free information has become very difficult, while this wasn’t so problematic 5 or 6 years ago. Now there are many companies offering you help for a fee, and some of these are quite expensive. Besides a large fee, your other problem are companies that are out there to take your money without giving you much helpful information or proper tools. It’s difficult to determine who to trust (more about that later) and finding people or bloggers who are willing to help for free is not so easy. You will need to invest a lot of time to find helpful information, than study it, compare it with other information out there and apply something that matches your business style or niche.

I mentioned it is difficult to determine who to trust. This is why:

  • It’s easy to create a facade of a reliable, successful business online while the internal structure may be awful
  • Testimonials are easily faked
  • Portfolio is easily faked as well, while it’s difficult for you to confirm the real clients
  • Results can be faked as well (Rankings in search engine, the number of sales or social media signals)
  • Not many online businesses will create a binding contract with you, at least not without a hefty fee that comes with their service
  • Difficult interaction due to all communication being through a cell phone or Skype

These are just some of the obstacles I came up with. There are certainly more and you stumble into them as you try to build up your online business. Creating a website is just one of the issues you will have to deal with, then you have to take website security into consideration, how to ship your goods or whether you should use PayPal or not. No wonder so many people fail to succeed online.

There are too many dangers lurking arround, especially if you stumble onto people who promise to help you with their useful eBooks, tools for website promotion or marketing campaigns that won’t reach any potential customers. If you are unable to hire an expert or invest in a company that will develop your business idea, you should dedicate a lot of time to do the research. You will need months to figure things out, to learn the basics on getting started and how to promote your website/business online. It is possible to do all this by yourself, but unless you really have a fantastic idea, you will need to implement a lot of work.

 

4 Strategies for Taking Your Business to the Next Level

One of the most common goals among entrepreneurs is to attract more customers to their business. This is true across industries, whether you’re asking a restaurant owner or a retail store manager about their priorities. If you are an entrepreneur that’s interested in connecting with a broader audience in the coming year, there are a number of approaches you can take. Here are four marketing strategies that can help you take your business to the next level.

Get Involved With Your Community
If you’re a local business owner, getting involved with your community is a great way to raise awareness about your company. Many communities host a variety of special events for residents. Maybe your town or city has an annual parade during the holiday season, a festival celebrating the beginning of the summer, or regular movie nights on the town common when the weather is warm. Whatever the case may be, consider reaching out to event organizers to see how your business might be able to participate. Perhaps you can set up a booth or table, or sign on to sponsor an upcoming event in your community.

brand buildingBuild Your Brand Online
Digital marketing is an important component of every business owners’ marketing toolkit. There are a number of ways you can reach new customers online. Consider getting started on social media, claiming your business listings on popular search engines like Google and Bing, or reaching out to local bloggers to inquire about advertising opportunities. If you haven’t created a digital presence for your company, you could be missing out on an important opportunity.

Launch a Direct Mail Campaign
Direct mail is still one of the most effective ways to reach local customers. Recent data estimates that 40% of recipients try a business after receiving their communication in the mail. The proof is in the numbers, and a print campaign is worth the investment. If you are interested in getting started with direct mail for your business, consider partnering with an established company like US Data Corporation to connect with local customers.

Engage With Your Existing Customers
While it may seem counterintuitive, one of the best ways to broaden your businesses’ reach is to cultivate relationships with your existing customers. Your customers are your brand ambassadors, and word-of-mouth marketing is a powerful tool. Think of it this way: if a restaurant is highly recommended by your best friend, chances are you’re probably going to be excited to dine there. You might even visit together. Focusing your efforts on improving customer loyalty can help you forge relationships with new customers as a result.

Every business owner wants more customers. If one of your company goals for the new year is to reach a broader audience, there are several ways to do it. Consider getting involved with community events, taking your business online, launching a direct mail campaign, or coming up with creative ways to turn your existing customers into brand ambassadors. These four strategies can help you connect with new customers locally and improve your business’ bottom line.

Business Ideas That Don’t Require Capital Investments

In these days, great business ideas are based on the interests and skills you have more than on the amount of investments you can gather. I have a couple of ideas you can use if you are looking to work on something, have a lot of persistence, want to learn and are confident.

Consulting

Some of your former employers may be able to hire you as consultants. You can get a first paying client and then move on further to find new ones. This can be easily done if you had good relationship with one of your former employers.

Internet Business

There are more than 100 million users actively using eBay, which is a huge market. In case you know and enjoy retail, you might want to start a home business and create a sales channel. Amazon is another market that has a lot of potential, you only need to focus on your niche and start expanding from there.

Social Media And Website Consulting

Corporations are eager to get their foot in social media websites like Twitter, Facebook, YouTube and LinkedIn since there are a lot of people engaged in all sorts of topics there. You can start a consulting firm that will help small and medium businesses to reach their customers and find new clients.Marketing, sales, customer service – it all needs to be handles via social media, so if you can learn this language and are tech-savvy, you can reach for the stars.

Virtual Assistant

There are many websites that offer outsourcing, like Freelancer, Fiverr, Elance, oDesk and others. You can make money from home if you can offer some marketable skills. It is quite possible to expand your business once you show you can deliver quality. You would be paid on an hourly basis or after the project is completed.

Network Marketing

This is an old one, but is still a viable way to earn money with little or no investment made. You would have to be a goal oriented person to succeed in this business, but you would still have to invest a small amount of money.

You will find more business ideas if you read this article. I’m sure you’re like one of the ideas presented there or at least the information provided there will spark your motivation and get your creative wheels going.