Is A Franchising Business For You?

A franchise business is popular and many people chose to start a franchise business because they think that it guaranteessuccess. This is however not something that is true and one who plans to start a franchisebusiness should know the benefits and the drawbacks of starting a franchise business.

Pros of starting a franchise business

There are some benefits of starting a franchisebusiness.Cryptocurrencies are in great demand among traders and you may want to look for franchise options in this segment as well.Find thisbusiness and its details here.

  • Thefailure rate is low in a franchisebusiness model. When you buy the franchise of a company, you are basically buying a business that is well established already and that which has provenits success in the market. It is seen that those whoenter into a franchise do much better than starting a businessindependently. Thechances of a franchise business surviving are high.
  • You also get the necessary helpwhen you start a franchise business. Youwill get help and the required training not only to start it but also in the later stages of the business. You get all the equipment and supplies as well as detailed instructions on how the franchise should run. You may also get help in the marketingfront. When you starta franchise business, you are hand-held to start the business andyou get to reap the benefits of the marketing campaigns of the parent company.
  • Thebuying power of the parent company is also high and this saving is passed down to you. In case you were to run a companyindependently then the inventoryand thesupply costs would have been higher.
  • Many of the companies have already made a big presence and arewell-knownacrossthecountry. If you plan to buy this companies franchise then people in your area already know about this company and thus you get footfall automatically.
  • It could be very profitable to work on a franchise model. Therate of returnis very high in this model.

What you should be aware of

Even though there are many benefits of starting a business on thefranchise model, it does come with its share of cons.

The main disadvantage of starting afranchisebusiness is that you need to follow the rules and the regulations of the parent company. Some companies have very tight rules on the franchiseowner that many entrepreneurs may not appreciate.

You may have to abide by the rules like the location of doing business, thehours of doing operation andthe pricing of the product. There could also berestrictions on the use of the products supplied by the franchise andthe resale terms of the franchise as well.

The Market Participants In The Options Market

 

The market participants in options can be divided into four categories. Thisincludes the buyer of calls, the buyer of puts, the seller of calls and sellers of puts. When you enter into a buy of a call or aput option then you are the option holder. When you sell either a call or a put option then you are an optionswriter. Check this useful reference about Bitcoin Code before you start to trade on options.

Buyers and sellers

Those who buy options have along position and those who sell options take a short position. There are some differencesbetween the buyers and the sellers.

Thosewho buy the call or the put options do not haveany obligation to buy or to sell that asset. When you buy either a call or a put option then you get the purchasing right of that asset at a future date, however, if you do not want to exercise this right then thismeans that your option contract willexpireworthlessly.

If you, however, sell the options contract that is if you are an options writer then you are obliged to buy or to sell that asset if the buyerchooses to exercise his option. Everyoption contract will have two sides and the obligation on both the sides is not the same. When you sell the options contract then you take large risks andthus it isrecommended that if youare new to options trading then you buy rather than sell theoptions contract.

Profitability

To understandprofitability in the options market you need to understand some terminologies. When the option is said to be in-the-money then this means that you have started to accumulate profits in your position. If the option is out-of-the-money, then this meansthat you have started to accumulate losses in your position. Ifthe option is at-the-money, then this meansthat the market price is equal to the strike price and thus you are neither making any profits or any losses on your position.

Selling options

Thebuyer of an option takes the lesser risk as compared to an options seller. Theseller of an option has to deal with the volatile market movements in case thebuyer decides that he wants to exercise his option. The option writer has to execute the trade in case the buyer chooses to. However, the buyer of the option has no obligation to exercise his option at expiry. Sellingoptions are thus considered riskier.

 

 

Business Development

Not many succeed in business and reach the destination as planned. The reason behind, not many are aware of how to develop the business or they have not studied Business etiquette. Just for the sake of it, they start the business for a push. But building on the Setup and bringing up the standard in the Business they do are very few of them.

For a business to flourish the base has to be strong. First set up the rules and regulations. Business need not be started on their own finance. It is wise to get assistance from the Bank for building the Company.

Bank Loan

Does the bank directly approves or sanction funds while requesting for a Business loan. Not at all. Bank has to be provided with valuable documentation about the purpose of the loan. If it is Partnership firm then the partner has to register a deed with all their details, address, and percentage of the fund each one has contributed and how the business profits will be split.

The company has to give detailed documents of what is manufactured, what is the raw material and if it going to exported or in the domestic market. No of employees in the organization. What will be the market value for the product?

Supporting Documents for Bank

General Information required for a Bank to provide loan:

Name of the Enterprise

Name of the director

Address Mobile No

Email id/ City

Year of Establishment

Turn over

Loan amount

While providing all the above information it is vital to provide the said documents as supporting for the proof. The below mentioned are the KYC documents

Identity proof, Address proof, Passport, voter ID, Lease agreement, ( if the property is rented),  Partnership Deal and Bank statement.

Before the Business loan is received from the bank, first Partners have to understand the plan of action inside the Registered office. How to plan daily work. Raw materials have to be procured well in time and all essential items should be in place before production is been taken.

Always the work done by the staff should be supervised on a regular basis so that even if they do any error done can be rectified at the office instead the product goes out to Suppliers place.

Staffs have to be informed on their working time and weekly off. Workers should not be made to work beyond the schedule. Overtime should not be practiced instead additional pay can be paid for the extended time or rotation shift should be planned if the work order received is beyond the current staff strength.

Boss has to be a leader and be a set of Example by guiding the team, being in office at the right time and spending more time with the staff. The boss should move in such a way he is one among them, which will be a great strength for the Company to grow. Look here for more information.

Common Legal Issues Faced by Businessmen

Legal suits are expensive. These are time-consuming as they drag on for years.  While running a business it is all the more dangerous to face legal issues.  Get more info here on the commonly faced legal issues which cripple the growth of business:

  1. Employee issues: Litigations raised by employees normally relate to situations where employees are removed from their jobs.  Sometimes when they are not satisfied with disciplinary action taken against colleagues, the employees resort to strike.  Also, when employees feel compensation is not adequate, they are dissatisfied.  Such employees turn out to be a potential source of litigations.  Planning recruitment properly will avoid retrenchments.  The packages must be pre-defined clearly.  It should match the financial situation of the business.  Any confusion of mishandling of the above points can lead to legal issues.  Ensure a good HR policy.  Educate the employees about the terms and conditions of their employment.
  2. Discrimination: When career advancements are not backed by gender equality there is a high chance of facing litigation.  In most businesses, people from all nations and cultures work as a team.  Denying rights and privileges based on religion or race will be dangerous.  Litigations based on such issues hamper the public image of your business.  Have a code which every employee should follow without fail to avoid discrimination-related issues.
  3. 3. Statutory audits: Depending on where your business is located you have a set of laws to adhere.  When the government checks to find whether everything is fine, your business must be able to prove it.  Government litigations would invite more trouble.  These might result in freezing your finances and operations until the case is over.  Follow correct immigration rules while hiring employees from offshore.  Never compromise on quality.  Ensure the safety of employees and customers.  Have proper norms for safe waste disposal.  Besides all the above points keep your records clear and clean.  Pay all the taxes correctly.  Store the documents related to tax and accounting properly.
  4. Copyrights: Ensure that your business process, innovations and ideas are patented properly.  This will help in avoiding fake claims from rivals.  Also, copyrights and patents would bring you long term benefits and protection.
  5. Customer issues: Customer is the king of your business.  Ultimately what you want is win customers.  When the product or service quality is poor firms face customer litigations.  Hence do not compromise on quality.  Also never commit what you know well that you will not be able to honor.

 

Latest Trading Platform- Bitcoin Compass Review

Latest Trading Platform- Bitcoin Compass Review

Bitcoin compass is recently developed and is new in the cryptocurrency market. There is a professional team behind this robot with the knowledge and experience has created the system. The purpose of the team for the creation of the robot is to trade with different crypto assets.

Is it really worth to choose this system? –After going through all the reviews given on the system it can be said that it is perfectly legit and suitable for both new traders and the experienced one. The craze for online trading and cryptocurrency exchange has increased a lot. It has become difficult to differentiate between a scam and a unique robot. Users should not worry about this system as it is 100% legit. Below you can learn more about this features and properties of this new investment platform. We will also come to know how to make full use of the sophisticated technology implemented in the creation of software.

What does it offer to the clients?-It is released on a global scale. Users now have a chance to acquire a free trading license with some of the best platforms. It has the potential to provide huge earnings to its customers. Not only this it is user-friendly and provides an intuitive environment to its customers and make use of laser-sharp technology and precision for trade. It gives equal opportunities to the customers no matter the price rises or fall. It is due to the careful and professional optimization of the system. It doesn’t matter whether you have knowledge of online trading and investment or not or what is our experience level the system will guide us at all level to help us make a good profit.

High-level system- The clients will be connected to the leading industry brokers as soon as the trader will start using it. It is only compatible with reliable, experienced and trustworthy brokers. What to expect from a unique trading robot? It will choose one of the best suitable robots for the client depending on the region of residence in order to provide the customers with the best services available. Users find this very interesting and helpful for them.

Independent analyses in the background- After funding the account user will be to start trading immediately. There will be independent analyses running in the background around the leading technical indicators.

The system is not a scam and there isa number of reasons we can choose this robot for trading and can have full trust on it.

How Demonetization Affected The Business

How Demonetization Affected The Business

Demonetization, the eminent and the often word we would have continuously heard in the past two years. On Nov 8, 2016, suddenly our prime minister of India Mr. NarendraModi announced that old 500 and 1000 rupee notes were not valid. Though it was a great and amazing step, it failed due to many reasons. The government did not take any actions to tackle the negatives and they did not print the new currency notes to issue in the public market. That is the main reason for its failure. Because of this, almost all the poor and rich people suffered a lot as they were not able to withdraw money from the nearby ATMs.

The unexpected demonetization affected the businessmen badly as no customers were ready with the fund to have dealings with them. The ATMs in all the cities and villages were running out of cash and the banks were filled up with the crowd to withdraw and deposit their old currencies.

The impacts of demonetization in business are discussed in brief in this post.

  1. Loan demand:

The loan demand on banks got increased as the businessmen were down with no money in hand.

  1. Liquidity:

Liquidity was the major impact because the companies running with a large amount of fund did not able to run their organizations since they were invalid.

  1. Interest rate:

The money lenders increased their interest rates for the cash they lent to the borrowers and the businessmen were the main sufferers and some landlords shut down their companies due to the higher interest rates.

According to the survey it was found that the smaller businesses faced a lot of issues than the bigger ones since the poor businessmen did not find any other way to run their personal lives.

I could say demonetization is a stunning idea but the way it happened was not proper. Demonetisation is only to dodge black money corruption.

Do you agree black money was entirely wiped?

Not at all. Still, the politicians and many people are corrupting this nation with black money. In foreign countries too, demonetization happens but they do it the right way which predominantly helps the common people.

The higher valued currencies get banned and they print new lower valued currencies in the main reserve banks.

But here in India, lower valued currencies like 500 and 1000s were stopped and 2000 was introduced and this is really a waste one as still, the corruption is going on in the country by the same set of political people without any change.

 

 

 

How Government Loans Helps to Start a Business

How Government Loans Helps to Start a Business

The person who never has to take a loan in his life is a lucky person. Loans are the fund which is borrowed from any financial institutions, bank, or other sources in a condition of repayment of principle with interest in a fixed period of time. Loans are very useful when we are in a financial crisis. But sometimes it can put us in trouble; meaning if we cannot repay the borrowed amount, the interest according to the loan will get doubled even if we miss any single repayment. The loans are mainly of two types secured and unsecured. In an unsecured loan, the lender doesn’t pledge any of the assets of the borrower. In a secured loan, the lender pledge the asset of the borrower equal to the amount is taken as a loan. In a secured loan, the lender takes the possession of the asset if the lender doesn’t repay the amount taken as loan.

In general, the persons take a loan from private banks or financial institutions to start a business, but now the government also helps new business entrepreneurs to achieve stability through small business loan programmes. But most people do not take this government provided loans because of their misconception towards the government procedures. They believe that the government loans can pay off new business cost with little or no risk.

What are the major features of Government Loans?

We have a misconception that most of the government projects or grants are always provided for targeted customers. The government provides these loans to benefit all of the business owners without any discrimination. The government loan service fees are very low as compared to another type of commercial loans, but the repayment is just like other loan providers.

Types of Government Loans

The government start-ups loans are available in different types according to the need and area of the project development. For instance, sometimes the government loans are provided to start some agricultural development of a rural area, or for some disaster relief projects etc.

Benefits of Government Loans

Most of the commercial loans are secured type of loans, so they ask securities such as a house, car for taking a loan. As a new entrepreneur, this type of pledging of assets causes a lot of difficulties. But in the case of government loans, these types of terms and conditions are not followed. So the government loans are less expensive than other commercial bank loans.  Another thing is that new entrepreneurs always face difficulties in opening consumer credit card accounts.  The government loans providers help the new firms to build their own credit histories. Moreover, the start-ups can approach the commercial banks for further financial help after closing the government loans.

 

 

Technical Indicator Relative Strength Index

Technical Indicator Relative Strength Index

 

Relative strength index or RSI gives you trading signals that let you know if the price of the asset is overvalued or undervalued. There is a mathematical formula that goes behind plotting these technical indicators. However, the maths could be a little intimidating. All that you need to know when using these technical indicators is to read them visually. These give trading signals and show you when the asset is expensive or overbought and when it is cheap or oversold. This information is used by many future traders to take a position in the futures market.

Relative strength index

Relative strength index or RSI can be plotted on the chart and you will be able to see it below the price chart. The value of the RSI ranges from 0 to 100. When the RSI value is high then this means that the asset is expensive and you should look to sell it. The RSI is in the overbought region when its value is above 70.

When the relative strength index is low and its value is less than 30 then this means that the asset is oversold and one should look for opportunities to be a buyer in the market.

Slow moving and the fast-moving RSI

The RSI has plotted two lines. One is the slow-moving RSI that is plotted over a 14 days period. There is a faster moving RSI that is plotted over a 6 day period. You can use either of these to plan your trades. Since the fast-moving RSI takes a lesser amount of data it shows you a change in trend fast but it may not be as accurate as a slow moving average that averages out the data for 14 days.

Buy and sell using RSI

The upper line of the RSI is an indicator of being overbought and its value is 70. This is where you need to look to sell the asset. When the price is at the overbought area this means that the price has risen very fast and too high and it is due for a correction.

The lower line is an indication of an oversold position. This is where you should be a buyer in the market. When the RSI value goes below 30 then it means that the prices have fallen very fast and too far and one should look to buy the asset now on the automated trading robot.

 

Role Of Insurance In Your Finance

Introduction: Insurance is an important element for financial planners. There are different types of insurance available in the market depends upon your needs. Certain restrictions are there for applying for insurance, people who are single have less necessity to apply for life insurance which is highly necessary for the one who has spouse and children. Disability insurance can be used when you are fallen sick and unable to do work, which is very important for each and every Individual.

Most important insurance needed for life:

Life insurance: Always its better to discuss with the insurance company and insurance agent regarding the policy and how much you need to invest every year for the policy, what kind of policy needed for you. Life insurance can be used only after the person lost his life, the funds will be provided to your spouse, children or other dependents to maintain their standards of living, repay depot and for educational purposes. The amount can be used by them in any situations, to know more about the automated trading robot.

 

Health insurance:  Most of them highly need medical insurance, it will help in unexpected emergency situations. If there is no medical policy then you need to face a financial crisis and financial fall. Many insurance companies will provide an insurance policy which will support employees in many medical emergency situations.

 

Long-term care insurance: This is used to an aging population and for future safety and security. It is used to cover the expenses from a nursing home or healthcare. Mediagenic insurance will be used to cover the medical expenses where Medicare is not applicable.

 

House owner insurance:   It should allow you to rebuild and rework your house damages caused on your property by natural calamities or after any disaster, earthquake etc., it has to cover at least 80% of your replacement, there are several grades of policies available in the market

 

Auto insurance: The insurance will cover your vehicle damage or injury caused to you or someone who has driven your vehicle. It is necessary for anyone who owing to the car, In many countries, people should apply for insurance before buying the vehicle. Policy varies according to the company, agency, age of the driver, Choice of coverage, deductibles, vehicle model etc., discounts are available for people who do not smoke or drink, safe drivers and those who use public transport. fire or theft coverage is also advisable for the vehicle.

 

Conclusion: Its always better to choose insurance to live our life happily, it gives surety for individual lives and families too

How To Spot A Good Business Leader

 

Introduction: The Business leader should be inventive, confident and persistence in business. Before launching a business they should give all their energy to establishing it. A business leader should be a good communicator and he should know how to set goals and to strive for success.

However, if a business leader is concentrating only on their business growth, if he strives to reach success quickly, it will not end up in a successful business learn more about the automated trading robot.

 

Good leadership qualities:

Honesty and integrity: The two main important ethics to be followed by a leader is Honesty & Truthful. If the leader is not honest how come the co-workers will follow the honesty. Leaders will succeed if they follow the norms and ethics they must be truthful.

 

Confidence: The Effective leader should be confident enough about their decision they take. If the leader is not confident about his decision then subordinates will not follow him. At the same time, the shouldn’t have Over confidence as well.

 

Good listener: Leader should always listen to their subordinates. Allowing them to speak and share their feelings and ideas will help workers to feel comfortable and will motivate to work a lot “Listen and then speak “ it will help a leader to gain co-worker support.

 

Good communicator: Clear communication to team members and other subordinates is essential. If there is any lack of communication then it will be very difficult for a leader to succeed in his business. Good communication gives peer to the word and it motivates people to achieve better results.

 

Decision-making skills: A leader should have good decision-making skills during an uncertain situation, its important, leader should take the right decision at the right time. Before taking any decision a leader should think hard and long because benefits or suffer is depended upon the leader decision.

 

Creativity and innovation: Creative and innovative skill decide the best leader, it will help to differentiate a leader from the co-worker. Creativity and innovation ideas will make you stand out from the crowd. The leader should always come with unique ideas and goals into reality.

 

Inspiring others: one of the most difficult jobs is to inspire others. No need to take special steps to inspire others. If the leader is having good communication skills and knowledge, creative thinking skills then many will be inspired by the leader. By setting a good example people will follow you, Your action should motivate others to dream more.

 

Conclusion: The leaders who are able to make decisions at a local level, Its high levels of customer service provide it with a competitive advantage over its rivals.