Month: February 2016
How can I participate and what could be my part to further the advance are some questions in the minds of people always looking to put to use what they have. Individuals need to join in the fray and enjoy the benefit of being a part of an activity that is thriving. The participation could be hardly recognized maybe but nevertheless the pleasure of being even a minute factor gives immense satisfaction and pride. However, it also depends what the activity is all about whether it is ethically correct and has a moral behind it. Many who do have the potential yet refrain from being identified with the organisational movements purely because their conscience contradicts the objectives despite monetary gains are assured in the process. For saner judgement one has to weigh the pros and cons about a particular activity since ignorance can misdirect the thoughts and conclusions.
Once that is done, the other check is done on the outcome or results by such involvement. Even for this awareness he /she should be able to measure the benefits comparing with the personal input. Comparisons should be done between other possible options so as to decide on the optimum benefit. This is what reliable share market news in Australia provides an investor or buyer of chips: comprehensive information at a given time to make the right decision. In such pages of data that appear in the media print and electronic and now the internet for the public to know all the necessary business behaviour indicators are vividly portrayed. A fundamental accounting knowledge would serve to assess the health of a company or even a decline of its performance.
Since the stocks are dealt between multinational conglomerates these reports display the mobility of business in different commercial activities, B2B transactions and trading. When such bartering are robust what is termed as bullish, it could be noted how it affects the economic climate of the countries to whom these belong to and therefore the establishments within. Therefore share market news publishers delve into international monetary indices which change moment by moment, revealing the gainers and losers in the process.
This help the investors or participants in the growth of business to identify the right opportunities no matter what field of production or activities are. One needs no particular employment skill to throw in the dice, after all it is their money that is contributed and not any particular aptitude like a degree, talents, physical prowess etc. Looks like a children park where kids choose whatever to enjoy. This is a much larger picture but not kidding though. Prudence is needed and that is why the indicators of growth and decline are reported across regions, industries, portfolios and individual corporate companies etc. In fact those agencies who publish are doing a great service to economic dynamism by exposing the true situation and not concealing anything like a secret cult.
There are so many types of investment available and investors are always looking for different types of investment products to diversify and include in their portfolio. Investors who are Muslims usually have more difficult time in expanding their investments because of restrictions of their practice of Islamic belief. Before a Muslim investor invests, he/she need to first check if the product is permissible to invest or not.
Under the Islamic law which is known as sharia, Halal is defined as what is permissible. In simple word, halal means permitted. If an action or object is selected as halal that means it is permitted under the Islamic law. The opposite of halal is haram which means forbidden.
Investing in a permitted manner requires the decision of investing to be made in agreement with the Islamic principles. This is a faith based investment management. Halal investing is considered to be socially responsible or an ethical way of investing for investors.
Sharia, the Islamic law requires the Muslim investors to evaluate and asses an organization’s financial records and business activities before they think in investing in it. This research is done to determine how the company manages it income expenditure and from where the company gets it primary revenue. This information helps the investor in deciding whether the investment is acceptable, that is halal or not (haram).
For apparent religious reasons, halal investments are beneficial. The investors are required to share in profit and loss according to the Islamic principles and they cannot receive or take any / no interest which is known as riba. Muslim investors do not or cannot invest in a business that is prohibited under the Islamic law.
Halal investment is great way in diversifying and making good plans in an investment portfolio. These types of investments are carefully screened and filtered, thereby allowing the investor to avoid forbidden or haram businesses. This allows the investor to actively keep away from companies that have interest or riba and also companies with element of chance or gharar.
Some of the unacceptable companies by the Islamic law or sharia are producing or marketing of alcohol, gaming or gambling activities, pork, pork products, pornography, tobacco and conventional interest based financial service, etc. These companies primary business activities, violates the core beliefs of Islam.
There are many benefits in investing according to the Islamic principles for both the Muslims as well as the non-Muslims. It encourages a disciplined process in investing which also promotes in-depth security monitoring and research. These investments adhere to strict Islamic guidelines.
Your dream to run your own business should be clean and well planned to reap good fruits. For this you may need a lot of help from others as well. Whatever your business maybe or how big and small it is it’s important that you have a visible plan that will direct you to certain targets. Here’s what your business plan need in case you tend to forget.
What’s your brand and what are you going to sell?
This should be very clear before you make your plan. Whatever service or items you are going to sell it should be done after a good research in the market. Sometimes your products might be very out dated so before you make up your mind its best to do a small survey in the market to know what the customers really need. After you plan out your items you need to choose a name, motto and labels for your products. Your products will reach the globe through these names and labels so they have to be picked carefully and creatively. These all should be included in your plan.
Who are you targeting for?
For an example if you are opening a toy shop your target will naturally be small kids. So, your shop has to decorated and built in a way that will attract children and their parents. Likewise, you need to target a certain age group. Now if you are running a cloth shop you can have clothes for several age groups or all age groups. It’s your choice to decide who you will be targeting for. Also your plan needs to consist of your competitors in the same field. They also will want the same customers that you get. So, you need to have something different that no others will have like new products, new services or multiple services, offers and much more. When you are making a business plan you can seek help from corporate advisory firms in Sydney who will provide you with necessary knowledge, ideas and effective strategy planning in all occasions.
It’s very much easy to get their help rather than planning your business alone since these corporate advisory firms have good experience and knowledge about the global market and new techniques. Get to know how you can improve your business over here http://www.eatoncapitalpartners.com/impact-investment/.
How will you be reaching the world?
As aforementioned your brand will be the main way that will grab attention of others. But there should be a way you will be publicizing yourself. For this you can maintain your own website. Search for a good company that undertakes the task of doing this. Also social media is another easy and free way for you. By the use of Facebook, LinkedIn, Twitter, Instagram and Google+ you can reach anyone quickly and efficiently. Many restaurants and clothing shops have their own apps as well. With time you too can seek help from this new technology. Don’t forget the old school way of publicizing things through TV, Newspaper and Radio. They also can be very useful at times.
If you are running a small medium business, you may be always in need of financing your business. Whether is it a small amount to manage the cash flow in the company to pay salaries or to buy an asset you need to be very careful when taking loans? There are several things to consider before applying for a loan.
What do you need the money for?
Before jumping in to applying for unsecured business loans you need to figure out why you need the money for. Just like borrowing any money, you need to be sure that you absolutely need the money. The method of your financing is based on the reason you need the money. For example if you need the money to manage the cash flow on the month you can go for a overdraft or a credit form the bank since it will be a small amount and you can pay it back later when your money comes in. But if you are looking to buy an asset like a vehicle for the company or a building or any machinery, then you need a higher amount with a longer term to pay up. So before deciding the method of finance clear out why you need the money for.
How much can you repay?
When applying for any unsecured business loans Australia you need to determine how much you can afford to pay. This can be calculated by looking at your financial statements and the budget for several years. You need to have an idea of how much money you will e earning in the future and whether that is enough to repay the loan you are applying for. It is important to pay your debts on time. Because if you don’t it could affect your credit score as a company. This is bad because in future when you have to find investors and shareholders the bad credit score could be a negative point.
How to get the money
This is the most crucial part. There are several ways to finance your business needs. You can take a loan, you can get a credit card, you can get an overdraft or you can even sell some assets to finance your needs. The problem is you need to select the financing method carefully. Because if you select the wrong way of financing the need you may end up in bigger financial mess than you already in. For example if you decide to sell your assets to pay the salaries for a month, it is a bad move because you won’t be able to easily afford assets.
You might be running a business or you are looking at opening one a short term business loan might be just what you need to get your business going, Keep in mind that this method can be expensive for you than taking out a normal traditional loan. Here are some tips on loans for you to consider:
It is important that you go slowly with the borrowing process. You must be careful as to how you take out a loan make sure you evaluate your financial position first and check the cash flow a couple of times with your accounting head or financial advisor. Sometimes if you have to make daily payments it can be difficult for your business to do so too. You can even attend free counselling and workshops which might be provided by your country of residence.
Look into the APR
You must carefully evaluate the APR as most short term lenders will not show you their percentage rates and figures. If you know the APR you can compare the cost of the loan with others too. You can even try using financial calculators like Fundastic.com which will help you check on the costs of taking cash even from reputed institutions for asset funding which is a great place for you to start.
Look into the fees
You must carefully check out the fees structure too. There are so many lenders who will charge different fees some might take cash from you upfront and others might ask fees for an automatic payment. Some might as you this to check on how much of cash you might in your account too.
Check on the payment penalties
You must carefully check on the payment penalties. If you pay back the loan before the time period it can be a problem for you. You might require interest on the loan if it has to be paid off early too and some might even ask you for a discount too.
Check if they report to the credit bureau
Some places might not report to the credit bureau. This can then become a problem for you later on. Some short term lenders in Australia are worried to find out if certain loan information on credit is not reported to the credit bureau, to know more about short term business lending Sydney, visit http://www.prequinsecurities.com.au/. You must check on details of the institution in order to find out how much they will charge you for. Do not blindly sign anything always read the contract and terms of payment.