Avoid Giving Away Too Much Equity: Ten Easy Tips

by / ⠀Entrepreneurship Finance Startup Advice / June 24, 2022
avoid giving away too much equity

Let’s imagine that you are a brilliant entrepreneur. You get your eureka moment with an idea that can help people. You do everything in your power to create the product or service. Or, at least a prototype. You test it with potential buyers and you have a business plan all set and ready to go. Awesome! But one problem exists: You don’t have any money to get this…

How Venmo is Giving Away Money on Instagram and Twitter

by / ⠀Finance / June 20, 2022
venmo giving away money

Instagram is a social media platform where users can post photos and videos. Recently, Venmo, a mobile payment company, announced that they will be giving away $100,000 in free money through a contest held on Twitter and Instagram. But the question is, why would they do this? Well, by giving away $100,000 through social media, Venmo is hoping to attract new users and keep them interested in their…

Smart Reasons Where Taking A Business Loan Is A Good Idea

by / ⠀Entrepreneurship Finance Funding / June 15, 2022
smart reasons

As a business owner, whether you’re starting a business or planning to expand your existing enterprise, taking a loan is an effective way to finance your venture. Although taking a loan comes with risks to your business, there are justifiable grounds and smart reasons for seeking small business loans to help move your business to the next level.  Read on to learn more about why you need to consider…

Registering Your Business for GST: A Quick Overview

by / ⠀Entrepreneurship Finance / May 17, 2022
Registering your business for a goods and services tax (GST) isn't difficult but it is almost always necessary. Here's how to get started.

When you start a business, you need to register for goods and services tax (GST), a value-added tax on the supply of goods and services sold to domestic and international customers. The tax is levied on the sale price of the goods and services and is paid by the consumer. In any government-regulated economy, businesses are required to remit taxes. The tax amount is generally a percentage of…

Best Stocks Research Tools for Young Investors

by / ⠀Finance Investment / May 12, 2022
Are you a beginner in stock trading? No problem! These stocks research tools for new investors will provide you with the edge you'll need.

Are you an absolute beginner at stock trading? No problem! These seven best stock research tools for investors will give you an added advantage over other investors. With a little practice, they’ll help you become a pro. Introduction All successful stock traders agree that doing thorough research is the key to making the best stock investments. When you take the time to research different stocks, you acquire better…

Is Knowledge Management A Key Factor To Drive Digitalization In The Finance Sector?

by / ⠀Finance / May 4, 2022
Knowledge Management

Banking, investing, insurance, credit cards, tax preparation, accountancy, and asset management primarily rely on documentation. Because of this, the knowledge management techniques emphasize features such as version control, trust, transparency, and compliance. AI is assisting in the industry’s digital transition. Given the complex legal and regulatory challenges of working in the financial services industry, proper knowledge management techniques and platforms are a critical business strategy. Accessing and sharing…

Young Millionaires: What Did They Do Right?

by / ⠀Career Advice Finance / May 3, 2022
Here are some of the secrets of millionaires and what they did to achieve their goals. What did millionaires do right...so that you can too!

Plenty of people have become self-made millionaires. But how did they do it? Did you know that 68% of millionaires — with at least a net total of $30 million — were self-made, according to a 2019 study by Wealth-X? A self-made millionaire, let alone a young one, tends to do things a little differently from the rest of us. Researchers who have studied them over the course…

A Beginner’s Guide to Managing Expenses as a Freelancer

by / ⠀Finance / April 29, 2022
Managing Expenses

Over the years, freelancing has become an increasingly popular alternative to a traditional full-time job. In 2020, 2.2 million freelancers were working across the UK and, as a result of changing priorities and a greater need for work-life balance, this number is set to increase in the future. However, despite the benefits freelancing has to offer, it also comes with some significant challenges, such as managing expenses. One…

Are Bitcoin Transactions Relevant in Today’s World?

by / ⠀Finance Investment / April 19, 2022
Wondering whether Bitcoin transactions are relevant in today's world? If so, here's a brief overview of what makes Bitcoin important.

Satoshi Nakamoto created Bitcoin, a digital currency, to allow individuals to transfer value via transactions over the internet. Bitcoin provides an alternative, cashless payment method operating without centralized control as a digital currency. However, nowadays people use it just like conventional currencies. Bitcoin uses cryptography based on the SHA-256 algorithm to enhance safety, which the U.S. National Security Agency designed. Thus, cracking this is almost impossible because it…