Business Online Journal
 
By: Bizop Team
Published: August 7, 2017, 11:38 pm
Merchant Cash Advance: How It Can Help You Fund Your Business Do you need funding for your business? If your business accepts credit or debit card payments from your customers you could qualify for a merchant cash advance. Typically, funding starts at £2500 and goes up to £300,000. It’s an easy, straightforward funding solution that will work with your business cash flow. This type of funding is unlike a traditional bank loan where you pay a set amount on your loan each month. With a merchant cash advance, you repay as and when you make sales on credit (Read more...)

By: Bizop Team
Published: July 27, 2017, 6:05 am
Freight Bill Factoring Can Keep Your Fleet Running Freight bill factoring can help freight and trucking companies to manage the intensive cash expenditures of their day-to-day operations. The nature of the transport industry is such that customers pay for services rendered only after they have received the goods. Oftentimes, the customer will take weeks or even months to address the invoice and pay the balance owing. In many cases, this causes stress on cash flow management that can hinder operational efficiency. Trucking companies that are affected by these factors can benefit enormously from receiving advance funding on account receivables.   RELATED (Read more...)

By: Bizop Team
Published: July 18, 2017, 4:29 am
Need Your First Personal Loan? No Problem Are you considering taking out a personal loan to launch your business? And is this your first foray into the field of personal loans? Never fear, help is here. Read on to muster your courage.   Don’t Fear Your Fear The first time you do anything is scary. In some cases, it’s our fear of the unknown that makes us hesitant to take that step towards new situations. In other cases, like when you’re about to take out your first personal loan, it’s the fear of the consequences of your actions that turns you (Read more...)

By: Bizop Team
Published: July 14, 2017, 1:55 am
CFD Trading: What It Is and How to Use It to Fund Your Business CFD, which stands for “contract for difference,” is a form of derivative trading. With CFD trading, you speculate on the rising or falling prices of fast-moving global markets.     Let’s say you’ve decided on CFD trading as one of the financial vehicles you’ll use to raise the money you need to expand or launch your business. You’ve done your research, and you’ve chosen the market you’ll focus your CFD trading efforts on. You know that market inside and out, and your quantitative and qualitative (Read more...)

By: Bizop Team
Published: July 3, 2017, 5:04 am
Tips for Controlling Investment Losses and Investing to Win Wouldn’t investing be great if the old adage of “buy low, sell high” were consistently true? However, it’s human nature to dislike losing, and emotions often sway our judgement. That’s because when we lose on stock, not only do we hurt our pockets, we also injure our egos. It happens frequently. Investors take the profits from selling an investment that has been appreciated. However, they cling to declining stocks in the hope they will bounce back. Unfortunately, these investments usually sink to a fraction of their original worth.   How Do (Read more...)

By: Bizop Team
Published: June 19, 2017, 12:36 am
Debt Consolidation Scams: Know the Signs to Avoid Getting Burned In a perfect world, debt consolidation scams wouldn’t exist. But unfortunately we do not live in a perfect world. So just like any other industry, there are unscrupulous companies out there. These companies try to take advantage of businesses that need their services as well as good, unsuspecting people like you. Instead of falling prey to these heinous scams, prepare yourself. Know what to look for when you seek help from debt consolidation companies. Let’s take a look at some of the most important things to look for when you’re seeking to (Read more...)

By: Bizop Team
Published: June 19, 2017, 12:34 am
Get Creative: Use Consolidation Solutions to Diminish Business Debt One of the biggest problems with any debt, but particularly business debt, is the concept of lending at interest. This is great for the lender, but it’s not so great for your business. Interest can double the cost of a loan relatively quickly. Consider a $10,000 loan at 5% interest compounded monthly. After the first month, the price goes up to $10,500. After the second month, you’re looking at $11,025. At that rate, the principal will double in less than a year and a half. Now, this (Read more...)

By: Bizop Team
Published: June 19, 2017, 12:32 am
Remember the Tax Man: Tax Consequences of Debt Relief for Businesses When you’re trying to get your business out of debt, you have some options. However, regardless of what you choose to do, you’ll need to consider the tax consequences of debt relief.   Covering All the Angles If you can negotiate with creditors and end up with a debt consolidation or a debt settlement, you’ll have to consider the taxable implications of those actions as well. What basically happens is that, in the US, the Internal Revenue Service considers funds which have been excised from debt to be income. According (Read more...)

By: Bizop Team
Published: June 19, 2017, 12:29 am
Debt Consolidation: A Path to Giving Your Customers Better Service If your small business is struggling under a mountain of debt, you might try seeking out a debt consolidation loan. Doing so could give you some breathing room going forward and allow you to provide better service to your customers right now.   Companies with Debt Can’t Be Very Customer-Centric When your business is in debt, it can be difficult to have the funds you need to take care of your existing customers. For example, say your business is a managed service provider (MSP), and you want to obtain new (Read more...)

By: Bizop Team
Published: June 12, 2017, 1:59 am
How to Improve Your Finances with Free Credit Reports and Free Credit Scores Your credit score and credit report can affect your business in profound ways. A low score, late payments, or errors on your credit report could mean that you pay higher interest rates—if you can get approved for credit in the first place. However, with free credit reports and free credit scores, you can better manage your finances. But first, there are some things you need to know and understand.   What Are Credit Reports and Who Uses Them? A credit report has information on your current and (Read more...)

 
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