Top Tips to Help You Avoid Being Scammed

It is a good idea to take time to think about how you can be financially safe. However, the scammers out there have become so smart that it becomes easy to fall into their traps.

Set Up Text Alerts

scam alertIf you like keeping a smartphone near you and like checking it often, it can be your first line of defense against fraud. Usually, it is free to sign up with your bank or credit card provider to receive text alerts whenever your card is used. This can save you headaches. After using your card, you will get an alert telling you that your card has been used.

Do Not Give Financial Information Over Phone

Usually, financial institutions will not call you to ask for financial information over the phone. Instead, they will send a letter. Even if a caller claims to be from customer service or a fraud department, you should not share any information with them. Just hang up and contact the customer support yourself to find out whether the problem is real. You should not contact any other number given to you by the purported support.

Do Not Believe Everything

Anytime you see an advertisement by someone you know or even a celeb, you need to be careful. You should check the official website of that person and see whether the service or product that is being promoted is there. You should never trust; you ought to verify.

Learn Financial Safety Habits

The process of protecting your financial data and information ought to be an ongoing job. Even if you are retired, you have to learn to stay ahead of the fraudsters. Therefore, you should take advantage of the different tools and resources available.

Check Your Credit Reports

digital fraudEach month, you should request a credit report. Remember that you can get a free report annually from different credit bureaus. When you send your inquiries on a routine basis, you are monitoring your financial data throughout the year.

Change Passwords

You should consider creating new passwords twice annually. It is a good idea to use two-step authentication. In this case, you are not only using your username and password, but also codes. This can help you to keep your different accounts safe.

Benefits Of Investor Relations Consultancy Services

Laptop and smartphone

Investor relations are a key part of business operations as it enhances the overall oversight of the business by keeping the interests of investors in the forefront. Most progressive firms embrace a very strict investor relations strategy that covers a variety of facets such as tracking investor perceptions, marketing, management, financial reporting and proper communication of the firm’s corporate events and news. However, bringing on board an expert in investor relations consultancy the firm gets to understand the expectations of their investors and how best to act in fulfilling set goals and objectives for the benefit of the business. The life sci advisors will assist you get the maximum benefits of the investment opportunities. Hence, some of the benefits that accrue from investor relations consultancy are;

Better communication

hand and EURO plant

Consultancy in investor relations acts as a pillar through which a firm can improve on how it communicates with its investors on important issues that involve its operations. The consistency in communication ensures that the investors place a great deal of trust to the management of the firm and are willing to fund the business further when required. Moreover, the investor relations consultancy assists the management to communicate with institutional investors more objectively on challenges faced by the business and how they have chosen to tackle it. Additionally, investor relations consultancy guides the firm on how to propagate the shared vision of the business such that the existing or potential investors are always informed on the progress made and the future of the business.

Improved research and analysis

Most investor relations consultants have a very wide understanding of the business environment and trends in the market. Moreover, they have tools and teams that can collect data and analyze it accordingly for the benefit of the business. Hence, investor relations consultancy brings on board huge resources of market intelligence that can be used as the basis for making fundamental decisions. Improved research will assist to engage investors better by meeting their specific needs and remaining profitable as a company.

Investor targeting

Bag of Money

Importantly, investor relations consultancies enhance methods through which one engages with existing or potential investors. Investor relations consultancy equips the business with knowledge of how to access investors, make shareholder analysis, profile governance and corporate fact sheets in a manner that attracts the interest of investors. Additionally, consultants assist the business in improving on its public relations strategies such that it the brand image and public relations are quite profound. Moreover, consultants address the internal corporate culture and assist the management to make changes that optimize value to investors who become interested in joining in.

Various Ways A business Can Raise Funds For Operations

Coins and box

A consistent flow of funds is crucial if a business has to be smooth in its operations. This calls for enough money to pay the employees, pay debtors, package the products and pay all the other bills that it has. At various times maintaining such operations may be an arduous task especially if the clients are slow to clear the outstanding amounts. This then calls for the business to find alternative sources of funds. Below is a list of the best ways to source for funds to for business operations.

Ways to raise funds for business operations

Accounts receivable funding

A business with a large pool of customer who uses credit purchases may use this to get financed by various accounts receivable factoring companies. If the amount owed by the clients is enough to solve the current financial need, then this is a good option to take. The financiers will need a proof of the money owed after which they will not hesitate to extend the right amount of financing. This kind of financing does not rely on the credit score of the company making it one of the best.

arrow and dollars

Getting a normal business loan

Depending on various factors applicable, a business can decide to take a normal business loan from financing institutions like the bank. This, however, comes with various conditions like credit score rates, interest rates, repayment amount and period. The banks may also ask for collateral or guarantors to successfully secure the loan. Although some businesses find this to be too conditional, it is the best option if the business requires a large amount of money.

Cash advance from merchant lenders

Giving cash advance to small and medium businesses is a very common nowadays. Merchant lenders with these services only need a proof of previous months credit card and debit cards transactions to know the limit of the cash advance to extend to your business. The interest rates are usually low and affordable by many business people. As a business, the secret to succeeding in this is to identify a reliable merchant lender

Using peer-to-peer lending

Whether it is your friend or the peers from various peer-to-peer websites, this is a good option for the small businesses with little financial needs. In most cases, this kind of lending has no interest and is flexible in repayment plans. Peer-to-peer is, however, not common and may not be readily available whenever you need it.

Alternative Business Finance Solutions

Man and numbers

The main setback to the growth of a small business is finance. Cash flow troubles seem unavoidable. Small businesses look for alternative solutions to succeed. The Merchant Money business finance providers offer alternative business finance solutions. Merchant money offers solutions to finance problems.

Best tips

Pay As You Trade Product

Merchant money considers paying as you trade a revolutionary product. Pay as you trade is flexible sine it has no fixed repayment terms. US dolalrsThe repayments are adjustable basing on future earnings of the business. Pressurizes repayment plans cripple the cash flow of small businesses.

The revolutionary pay as you trade product unsecured advances. The progresses up to £50,000 and is based on future credit and debit card sales. The amount is paid in installments. A small percentage of the daily transactions are deducted until the amount is recovered. Merchant money charges only a simple pre-agreed fee which is added to the cash advance.

Pay As You Trade product allows businesses to pay only when they earn. There is no time limit to repayment. The company is authorized to pay at their pace as they advance. There are no fixed repayment terms hence a business doesn’t have to worry about missed payment.

Application process

In merchant money, the application process for any product is guaranteed fast and straightforward. There is no fees or obligations on the use of any product. The approval rate is 90% guaranteed. There are no fixed or monthly repayments. You only pay when able to pay. Repayments to pay as you trade are never cash but only connected to card sales. There are no hidden extra payments no admin fees. To qualify for Pay As You Trade, you must have been in business for more than six months.

Business Loans

Merchant money offers business loans up to £100,000. The loans are available for 1 to 24 months. Obtaining a loan is guaranteed to be fast and flexible. Repayment terms are engineered to suit the business needs. They discuss terms with the business owner to make sure they are convenient. They cater for needs including cash flow concerns. You can recover your loan early without additional fees. A company can reduce its interest by paying more monthly. The only requirement to getting a loan is telling them about your business. The application process is fast, and there is a 90% chance of approval.


US dolalrsTo qualify for a business loan, you must be the UK registered. The company should also one-year audited trading accounts. The directors must be over 18 years. The application for a loan is guaranteed fast. The terms of repayment are flexible, and business plans are not required.

Merchant money has successfully helped businesses to grow. They consider their growth as their sole priority. They ensure their financial solutions are convenient for use. Their solutions are so far the best.

Benefits of the merchant cash advance

cash in hand

A merchant cash advance is a form of financing that is made for business owners who need quick finance. Unlike another form of financing like bank financing, you do not need to have collateral or a good credit score to qualify for the loan. By taking a merchant cash advance, the money will be paid from future credit card sales of the business. The method of repayment of the cash in advance is from the sales made by the company through the credit card. You don’t have to worry about this because only an agreed amount is deducted and not the full amount.

Why take the merchant cash advance?

No need for collateral

You will be surprised how many businesses fail to access loans due to a poor credit score or lack of collateral. Collateral can be a big problem especially if you are just starting out in business. The best thing with merchant cash advance is the fact that you don’t need all these to access business financing. You can get the money that you want to finance your business without going through the stress involved with other financing institutions.

hands with US dollars

Easy process

When looking for financing as a business owner, the long process involved can be frustrating. You need an easy process that will help you get money without a lot of paperwork and processes. The first step is getting submitting the application together with some few business transactions. After the assessment, you will be approved for the cash advance. The process of collection is also easy when repaying the cash advance.

Quick money

There are instances when you need to get money as quick as possible. At this time, it is impossible to get money from commercial banks or the traditional financial institution. You need to look for a financier that will give you money in the shortest time possible. Merchant cash advance will give you money in the shortest time possible because there is less paperwork involved in the process.

POS and credit card

Easy repayment

With a merchant cash advance, you can be guaranteed of easy repayment. The money is deducted from the credit card sales, and this means that every time you make sales, the money is deducted. When you make low sales, then you don’t have to pay a lot of the cash in advance.

Things To Avoid When Applying For Business Loans

Business people

Recent studies show that small business owners are knowledgeable and hard working people in the world. This is because they have great dreams and there is nothing that can get in their ways. Unfortunately, these motivated and driven people find out that some operational functions are not done correctly. Since business owners want to move quickly, some details may be overlooked. This makes your business not to run as it is required to.

Applying a business loan is one of those operational functions, which small business owners cannot seem to be in control. These are tips to help you apply for a business loan.

Banks do not want to riskdollars

Nowadays, lending institutions and banks do not want to take any form of risk whatsoever. In fact, the great recession spooked lenders not to give money to any person or business which does not meet the criteria they are looking for. Thus, you need to know the underwriting guidelines of the bank. You should not be intimidated by loan officers or banklån. If you understand the guidelines and processes, it will be easy to get the loan you are looking for.

  • Do they need a particular personal credit score?
  • Do they check the number of years you have been in business?
  • Do they want an excellent business credit score?

After you find out the guidelines they need, you need to work within those guidelines. Never just walk into a banking mall and apply for a loan without knowing their underwriting rules.

Not knowing your credit score

The credit scogroup on people re is one of the most important factors in determining whether you are approved for a business loan or not. The majority of banks require you to have the great credit score to qualify for a loan. Thus, you should check both business and personal credit scores first. You risk when you apply for a business loan without knowing your credit scores. This can also affect your future chances of qualifying for a loan in the future. If you are denied by one bank, you may end up being denied by all banks. You should do yourself a favor and understand the numbers before another person does.

Several loan applications

Nowadays, thousands of small business owners are looking for loans to run their businesses. Also, loan officers are paid in commission. This means that they get payment after closing the loan. With these two, it is possible to assemble a good loan package for your business.

Features of Umbrella Firms

group of people in suits

Umbrella firms refer to the companies that act as agency contractor to workers and usually work under a contract that is typically fixed. The contracting company usually expects work to be completed within the requested timeframe. The employment recruitment agency is located in the United Kingdom. The contracts are issued to the limited companies since the liability of the business is reduced as a result. The invoices and other financial statements are delivered by the umbrella firms. Most owners work around the clock to have the best umbrella company. Once the payments of the invoices are made, they will pay the contractor through PAYE. They also have the added benefit of offsetting some of the income by claiming some of the expenses like accommodation, meals, and transport.


PAYE Umbrella

The PAYE umbrella is whereby the contractor becomes the employee of the umbrella enterprise. Usually, the timesheets are submitted to world mapthe umbrella firms who in turn invoice the agency for the work that has been done. The employees are then usually paid as PAYE employees less the fee that is charged by the umbrella firm

Employees are allowed to claim the necessary expenses like meals and accommodation. Care should, however, be taken on the umbrella businesses that advertise expense policies that have been approved by the Inland Revenue or the special dispensations. These enterprises that claim that they do allow expense claims without the need of proof should be avoided like a plague. This is one platform that many fraudulent companies use to avoid paying taxes. Employees working for an umbrella company usually take between 60 and 65 percent home. The other percentage is usually taken by the agency and the umbrella company.

Umbrella companies in the UK

The umbrella firms have become common in the United Kingdom since the government of Britain introduced the IR35. This legislation was created to test the employment status and the ability to utilize the small firm tax reliefs.

Offshore companies

the word projectThere are many offshore accounts which offer different products and services to the Britons, yet they are compliant with the set rules and regulations. What this means is that not all the off-shore accounts are not compliant. There are so many such companies that give their full remittance to the government.

For the few firms that are not compliant, the law will catch up with them sooner rather than later with the taxman tightening the noose on the loopholes of the existing legislation.

Finance Concepts for Beginners

Finance is something that touches on the lives and activities of everyone.

Two men pushing a circle of cash

Having a basic knowledge of financial concepts can come in handy not just in daily life, but also in career.

Finance and accounting are closely related and should be taken together. The later takes are of recording and reporting on the economic condition of various entities.

On the other hand, finance is the function which makes use of the recorded information from accounting so as to make decisions such as hoe to utilize available resources most effectively or even raise additional funds.

So, in at least one sense of the word, finance can be said to be a future-looking concept which makes use of past data in order to make decisions.
There are three major financial statements in finance, a balance sheet, the income statement and statement of cash flows.

The income statement is used to describe the results of activities which are related to the development, production, sales and marketing of the products or services offered by a company.

It communicates the net income of a company which is defined as revenues less expenses for a certain period of time.

It has various components such as gross margin, operating earnings, earnings before income tax, net income and significance to investors.
Another concept is the balance sheet which summarizes what a financial entity owns and owes.

It can be used as a measure of net worth and describes a figment of the financial position of a company at a certain point in time.

The components of the balance sheet are assets, liabilities and the equities of shareholders.
Last but not least is the statement of cash flows which simply outlines the flow of cash into and out of a business over a given period of time.Finance Concepts for Beginners (3)

It reflects the liquidity of a firm or its ability to use cash in order to settle outstanding liabilities.The components of this statement are cash from operating activities, investments, financing activities and its significance to investors.

All of the above financial statements are usually made available to the public via annual reports, 10-Qs and 10-Ks. The annual report is an obligation for public companies to provide to their shareholders including information on their financial conditions, operations and management.

Now you have it, a simple beginner introduction to finance which can be a basis for further reading, research and development.
Hopefully, the information provided here will be enough to give you a glimpse into the world of financing and how big companies make and use their funds.
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