Going through a divorce can be one of the worst experiences a person can have. It isn’t pleasant to separate from someone you loved.

Unfortunately, divorce has become a common experience. 40% to 50% of couples in the United States end their relationships with divorce.

When you go through this process, you need to have someone on your side. You can find divorce lawyers everywhere, so how do you know who to pick?

Below are five tips you can use to find the best divorce lawyer.

1. Know What You Want

Before you settle on a lawyer, figure out what you want during this process. Do you want someone who is going to be supportive during the process, or are you just looking for someone to do the work?

You can find a lot of different personalities, so make sure you talk with your candidates to see if they are a good match for you. The last thing you want is to go through the process with someone you are uncomfortable with.

2. Ask for Referrals

You aren’t the only one who has gone through a divorce. You can probably find someone who has been through the process and worked with a divorce lawyer.

A referral is one of the best ways to figure out if someone is worth hiring. You can learn the good and bad of working with a particular lawyer, and what the process with them is like.

3. Consider How Many Assets You Have

Are you wondering if you will pay more if you have a lot of assets? Unfortunately, this is true. When you are dealing with a more complicated divorce, you are going to run up more bills.

Because of this, you need to be careful when you retain a high asset divorce lawyer.

Make sure you find someone that doesn’t go through unneeded motions that run up your costs. You may end up paying much more money than you need to.

4. Read All the Fine Print

Someone may sound like a great fit when you talk to them. But when you go to sign the contract for a retainer, there might be new details in the fine print.

Before you commit to a lawyer, read through any contracts all the way through. This way, there are no surprises that cost you more money.

5. Figure out How Hands on They Are

Every hour your lawyer spends on your case can cost you money. Because of this, some lawyers will suggest you handle some things yourself so you can save money.

Figure out what steps of the process you are willing to take on yourself. If you want to save money, you can hire someone that is more hands off.

But if you aren’t worried about the cost, you can hire someone more hands on to deal with the entire process.

Make Sure You Hire the Best Divorce Lawyer

Divorces usually aren’t a fun process. You need to make sure you find the best divorce lawyer so you can minimize headaches and get through everything without problems.

Make sure you do your research so you can find the right choice.

Do you need to get your finances prepared for the process? Head over to our blog to read our finance tips so you can get things ready.

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If you are a small business owner whose bank loan application just got rejected, don’t lose heart because you’ll eventually find a way to grow your business. Before you delve into the solution, look through various reasons why bank did not approve your application.

There are many reasons why banks are reluctant to lend to smaller businesses. These include:

• Unconvincing business plan – many new businesses lack a detailed business plan to support their loan application which gives the impression that you haven’t given your business idea proper thought and research.
• Little or no record of success – banks want to see a history of strong market position and financial statements which is something new or smaller businesses cannot offer.
• Lack of collateral – collateral acts as security on the loan and if you don’t have any, the bank has no assets to sell to recover the loan amount.
• Cash flow problems – due to limited revenues in comparison to costs, small businesses often have cash flow problems, so they’re likely to default on interest payments.

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Even if you are able to secure a bank loan, the interest rates offered to small businesses tend to be significantly higher than those for larger businesses as it is a riskier investment for the bank – this is evident in the graph above.

Since there are alternative finance options available, you don’t need to get disappointed.

1. SBA Loans

Getting an SBA loan is an excellent funding option for small businesses. These loans are provided under a program initiated by the Small Business Administration.

Lenders (usually banks), are encouraged to provide loans to smaller businesses at reasonably low interest rates for any business purpose, ranging from $5,000-$5,000,000. SBA itself does not lend money – it provides a guarantee to pay up to 80% of the amount, in case the borrower defaults.

2. Venture capitalists

If you have a business idea that has growth potential, you can seek out venture capitalists, willing to invest in your business. These are investors who fund risky business ventures in return for an equity share in the company. Not only do they bring in money but also their expertise, which can be very useful for a small business with little experience of the industry.

3. Partner financing

If you do not mind partnering with another business in your industry or with one that sells related products, partner financing is a viable option. It is beneficial for both parties – the partner provides funds in return for either a share of your sales or special rights of your product or its distribution.

If your partner is a larger business, you can receive other benefits from the collaboration such as, reaching out to their customers to expand your own market.

4. Crowd funding

If you require a small loan for a creative project such as, a documentary or book launch, there are several crowd funding sites where you can put up your case and ask the general public for contributions.

Small amounts of funding from a large number of people adds up to be massive, helping you achieve your goals. You can offer free samples of your products as a token of appreciation in return.

5. Home equity loan

Seeking a business loan by using their home as collateral is also an option utilized by many business owners. Once they are able to offer personal guarantee, they secure sufficient funds for their business. However, the option is risky as you put your home on the line, in case of a default.

The bottom line

To sum up, there are many options for smaller businesses to raise capital so they do not just have to rely on banks anymore. Look into the different financing options available in the market and choose the one that best suits your needs.

You must observe that there are so many financial technology companies like Zmarta are working great in this filed. You must also wonder how they do that in a very short time that they earn so much money and fame through their work. Well, it is never easy for anyone, and it takes time and effort to do such great things. Many people who start by proper planning, and homework, always find the best way to run the business. In the end, they get the reward in this form.

Our article is all about starting a financial technology business that is a very technical business one can run. However, it becomes easy of the person who is starting it know the background of the business, its strategies, the tactics to handle different situations, the hiring of capable staff, and at the end, the best customer services.

So, stay with us, because we are going to help you learn all this by discussing the top three things one must know before starting a financial technology business.

1.  Funding

Whatever business you start in your life, the first thing that you need to have is the finances to run it. You can never start blindly without having any budget in your account. So, the first thing that you should know about starting a financial technology business is that you have proper funding for it. The funding must be decided by keeping your current and immediate expenses on the business.

As the financial technology business will require you to have a proper office at a good location where people could approach you easily, so first get money for it. Then the equipment that you will have to put in the office is very important. After this, when you properly furnish your office, you have to hire employees, so make sure you have finances to pay them as well.

2.  Niche

Well, niche for all businesses is important. You cannot just randomly start your business without having any focus on it. All you have to do is to develop an idea simply, and that should be unique. You will need to attract the clients, so you better make sure they get attracted only by listening to your products and services. It is very important because without it it will be difficult for you to get traffic of people towards your business.

When we specifically talk about the financial technology business, you have to be even more careful about your niche. As many people are offering their services in this field, and are working before you for many years. So, if you will not offer something different, it will not be easy for you to get the customers as they like to reach out to previous ones because of trust.

3.  Marketing and Advertisement

Another important thing that you need to know is that marketing and advertisement of financial technology business sis very important. You cannot avoid it, and you cannot expect that your business will grow as much with it as you suppose. So, try this out right from the start so that everyone knows what you are offering.

You can do this by using various platforms, such as television advertisement, newspaper post, social media, and magazines. These platforms will help you to reach out as many people as you might want.

Conclusion

Financial technology business is very good in terms of profit margin. The present world is all about technology, and you are working in that field means you will earn good. But, you have to learn how to do it, and that is what we taught you in this article.

With a relatively wealthy and urbanised population the UK is an ideal place to launch a taxi business, but there will inevitably be a lot of planning you’ll need to do and things you’ll need to sort out before you begin taking fares.

If you’ve already chosen your vehicles, gone through the necessary licensing requirements, and set up your business plan, one of your biggest challenges is to obtain the funding you need to get on the road. Fortunately, there are a number of business loans that you can consider. Read on to learn more about obtaining a loan for your taxi business.

Initial Planning

Before you begin your search for a loan you should run through the costs that come with starting a taxi business. This will help you determine just how much funding you’ll need. Aside from your taxi licence, you may also need to pay for medical, language and knowledge tests in addition to a Disclosure and Barring Service.

Also consider your initial marketing costs, running of your vehicles, and employing other drivers if you plan to do so.

Another important cost to consider is taxi insurance. Finding an affordable yet reliable insurer is important, because taxi insurance is almost certainly going to be more costly than regular car insurance would be. You can find a comprehensive overview of taxi insurance on Quotezone.co.uk and compare quotes from a range of insurance providers in order to find the best deal.

Funding Your Taxi Business

To find the best business loan for you, consider just how much you’ll need, the repayment terms, and which type of loan is the most viable option. You can choose from a variety of providers, including the bank, peer-to-peer loans, invoice finance, cash advance loans and government start-up loans.

It’s important to carefully prepare your application in order to increase the chances of your loan being approved. It would also be wise to consider alternative funding to reduce the amount you need to borrow. For example, the money in your savings account may be a good option, especially considering today’s low interest rates.

Before we review the types of loans you might want to consider let’s run through some helpful points that will increase your chances of securing a loan.

Explain Where Your Funding Will Go

Lenders will be more willing to provide a loan if they understand how you intend to use it. Instead of simply saying it’s working capital, explain exactly what the money will go towards; for example, new hires, equipment, marketing and vehicles. Your credit provider will be more confident knowing how their help fits in with your plan to grow.

Master Your Business Plan

By having a polished business plan and a comprehensive executive summary, your chances of securing a loan will increase drastically. List your business model, expenses, how you’re going to make a profit, why customers will choose your business and what makes you stand out among competing taxi businesses.

Prepare Your Presentation

While you should ensure that your lender is reasonable, honest and trustworthy, you also need to be clear and straightforward when explaining why you need the loan and how you plan to repay it. Fudging the numbers is no way forward, as the truth will eventually present itself and this can be detrimental to your chances of being approved in the future.

Family Loans

Borrowing money from family is perhaps the most simple and straightforward way to secure the funding you need. Loved ones are likely to provide the lowest interest rates and less complications than with a commercial organisation. Granted, it’s worth weighing up the pros and cons when it comes to family loans, as this isn’t an option for everyone.

Small Business Grants

Obtaining a small business grant usually involves finding a suitable government or private body and filling out what is often a tedious application process. That said, it is still a reliable way to obtain the funding you need to get off the ground – provided your business qualifies.

Crowdfunding

Crowdfunding is an innovative approach to funding your taxi business. The key to success here is offering something unique that backers would be willing to put their money into.

For example, if your vehicles are eco friendly or offer passengers services that other taxi companies don’t, then it may be well worth considering.

Bank Overdraft

If you have a good track record when it comes to your credit, a bank overdraft can provide fast and flexible funding. Tailored packages are often available for new businesses and will only charge interest on the money you overdraw. Most major banks offer business overdraft for up to a year, with no minimum monthly repayments.

Obtaining the funding you need to start any business is usually the biggest hurdle to overcome. Be sure to thoroughly research all your options until you find one that is best suited for your business. Do it right and the steps that follow will be much easier to take.

So, you have decided to start your own business, but you don’t have much money to spend on getting started. This is a problem that many people face, and it can often mean that dreams don’t come true and that ideas get cast aside. The good news is that there are plenty of ways that you can fund your business through lenders, the general public and much more.

In this article, we are going to give you some of our top tips for financing your new business. Keep reading to find out more.

Crowdfunding

Do you have an idea for a business that you think could really take off? There are so many websites out there right now that allow you to pitch your idea and get some funding from the general public. These sites are known as crowdfunding sites and they have helped many new businesses get off the ground. You might need to offer investors something in return which could be a discount on your product when it launches or whatever else you think could encourage them to invest. Check out some of the best crowdfunding sites and you might be interested.

Commercial Lending

One of the biggest expenses that you’ll come across when you are trying to get your new business started is in the initial investment of a property or equipment. This can be tricky, especially if you don’t have much of your own cash. For this reason, we suggest that you take out some commercial real estate loans from companies like Avana Capital who specialize in specific niche industries, helping to ensure all businesses are covered. Commercial real estate lending can help you to get on track and find the cash that you need so make sure to check these out.

Angel Investors

Our final tip for those who are trying to finance their new business is to look out for some angel investors. These are people who have some spare cash and want to invest it in order to get some back in the future. Angel investors aren’t always easy to come by but there are some sites that you can use to find them. Make sure to have a look online at some of the sites that provide this service and you might find that you can create a deal with someone that can give your new business the boost that it needs.

Final Thoughts

Getting your new business off the ground isn’t always easy and you are likely to come across some financial and personal struggles along the way. Make sure that you have the right funding in place to get started and that you can cover your own personal expenses at the same time. Look for angel investors and consider some lending if you think that this might be the best option for you. Soon, you’ll have the funding that you need for your new business and you’ll have the property that you need to run it from. Get financing today and you’ll love seeing your new business blossom!

Have you heard of Amazon Business and you’re wondering what is it? It’s Amazon’s new online store entirely dedicated to businesses and professionals.

Amazon launched Amazon Business in April 2015 in the USA. It has features tailored to companies’ purchasing needs.

Among the most interesting options are:

• Displaying prices net of VAT.
• The ability to set approval procedures and multi-user accounts.
• Custom spending limits.
• Digital invoice management.

What are the benefits of Amazon business accounts? Is it worth setting one up? We explain everything you need to know about Amazon business accounts.

How Amazon Business works

Amazon Business is similar to the Amazon that we all know. But before you can use it, you need to create a company account. You can even convert your current account into a business account.

The Amazon Business account is free. You can create it without any commitment or the least turnover.

How to Register for Amazon Business

Want to know how to create an Amazon Business account?

Here is the step by step procedure!

• Connect to the page dedicated to Amazon Business
• Click on Create a free account.
• Enter a new email address to create a new account or enter the current email address to convert your account.
• Click on the “Send” button.
• Enter the name and your password.
• Click on the Next step.
• On the new screen enter the company information i.e. company address and the VAT number.
• Finally, click on Send.

The requirement to register an Amazon Business account is a VAT number and email address.

Complete the “Company name” section. Don’t use your personal name or your department’s name in this section.

You can either create a company profile from scratch or convert your existing one.

The procedure will take about 5 minutes. Afterward, everything will pass to the verification process that takes about 3 days.

Benefits of Amazon Business

Being a platform dedicated to businesses, it offers a series of specific advantages.

Let’s have a look at them!

1. Multi-user Accounts

First of all, it’s possible to add more users to a single account. You can also create different groups, and share payment methods.

Other features include order customization, set spending limits, and manage the company purchases.

Convenience, variety, and quality! Amazon Business can help you simplify the whole process of purchasing.

You can check, compare, and purchase what you require. It also has a payment option that is fast and flexible with reliable deliveries.

Besides, it can incorporate functionalities only designed for companies.

2. Extra Options in Your Purchase

This is where some more operational changes happen. It’s quite transparent for the client.

Amazon business users will have extra options such as a field to enter a project code or cost center. You can also set up an approval process to control your spending.

Amazon Business can help simplify your whole purchasing process. You can find, compare, and buy whatever you need.

Can you track your Amazon business account expenses?

Of course, yes! The Purchase Analysis tool makes it possible. Companies can track and analyze the various expenses made with their accounts.

3. Precise Control of Your Account

The main problem of using a personal account for business management is that you lose a lot of control. You might mix purchases, and you’ve to keep sharing the account with other users.

We all dread encountering such a situation!

Amazon Business accounts contribute a lot in terms of management. You can configure the Amazon Business catalog based on your purchase policies

It’s also possible to print the purchase receipt or a copy of the invoice.

What Are the Advantages for Small Businesses?

Have you had of the Amazon Tax Exemption Program? It’s a program that assists clients to apply the tax-exempt status to qualifying product purchases.

Account administrators help you set up the tax exemptions for your business accounts.

This tool guides users through the application process. You can use it to update your status and upload or edit certificates.

You can modify which items should have the tax exemption certificate applied. This should be after reviewing your order.

1. Better VAT Management on Your Invoices

This is always a worry to the company managers.

Does it worry you too? It shouldn’t! Keep reading to find out why.

The VAT management system has the following benefits:

• You can view the prices of each product net of VAT.
• You can manage the catalog. Thanks to the ability to specify preferences on products and sellers.
• Limit certain product categories.
• Generate alerts if someone tries to buy products that are not allowed.
• Associate an order number, project code, payment center for your orders.
• You can associate your orders with invoices.
• Integrate Amazon Business with your online systems.

When you adopt the price service with VAT excluded, they receive the Business brand. Do you need Amazon seller bookkeeping services? We’ll get you there.

2. Exclusive Price and Quantity Discounts on Products

Obviously, Amazon Business is a service designed to buy large quantities.

Are there any discounts?

Amazon offers a discount according to the number of products that you want to buy. It also reduces prices on multiple purchases.

With it, you can view offers placed by vendors on a single page. Therefore, ensure you get the best price possible.

To show items for sale at a discounted price, you can click “Request a quantity discount.”

Want to spend less money on more goods? Then you got to register Amazon Business.

3. Delivery and Shipping Cost

Wondering how much money you’ll have to spend on shipping?

Amazon Business account has free delivery for purchases. It’s cheaper than that for private accounts.

Always confirm in advance that the seller delivers to your location. You can find this next to the “number of ordered items” and the “add to the basket button.”

Wrap-Up

Amazon Business is a powerful and flexible tool for professionals and companies. It allows them to manage their purchases efficiently and efficiently.

Since the registration is free, it’s worth trying and judging it for yourself.

Are you looking for additional benefits of Amazon Business Account?  Keep checking our blog for this and more business tips.

You have a couple of different options when applying for a mortgage. You can go directly to lenders or you can work through a mortgage broker. Understand that in the UK, a mortgage broker is not just someone who arranges deals between lenders and borrowers. A mortgage broker is a financial adviser with specialised experience in the mortgage market.

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