Build Your Own Classic Car There has never been a better time to build a muscle car project. The availability of aftermarket parts, crate motors, disc brake kits and other upgrades make almost anything possible. The other plus is the relative low cost of these parts. One can literally start with a bare shell and build a complete top notch car using aftermarket/new parts exclusively. The sky's the limit!!
Another plus with these older era rigs is the simplicity of the cars themselves. They are much easier to work on or build than the newer stuff. No emissions, electronic fuel injection, abs brakes, air bags or any other advanced systems that require extensive specialized training. All the non-sense is outta the way!!
With sites like eBay and Craigslist, there are tons of sources to find solid project cars. You can find just about any make/model imaginable without a lot of effort.
Choosing A Make and Model:
One of the coolest aspects of this whole car building business is choosing your project. You may want to build a numbers matching 100% correct car and re-create a piece of automotive history, or you may want to get an old "mongrel" for cheap and play the creative angle to build something unique. Cost is a big factor here, a highly sought after numbers matching rig is gonna be much more expensive to acquire and build than an old "grocery getter", but both have advantages.
Comparatively, a 1969 RS/SS numbers matching Camaro is gonna fetch top dollar if done well, if being at the top of the food chain is important to you. The same 1969 Camaro with a puny 327/powergide that was never anything more than a basic model is obviously going to cost less initially and be easier to find than the "top dog".
I think the lower model is more fun to build because the sky's the limit. It was never anything special to begin with, so it's really a blank canvas that can be cloned or modified with any crazy mods/upgrades. The engine, tranny, color, pretty much any variable is possible. You really can't do that with an advanced model without de-valuing it.
Wheelin' and Dealin':
There are running, driving cars that need a little tlc, or there are absolute basket cases out there that can be had for cheap. It depends on the amount of ambition you have. I prefer the basket cases for lots of reasons.
The main reason is there are lots of 'em laying around. Lots of guys start these projects with a lot of enthusiasm, but eventually get in over their heads. They don't have the money or the expertise to see the project through to the end, and it becomes a nightmare. It's not unusual to find projects that come with tons of new parts and killer stuff that cost a small fortune, and now the owner just wants it all gone. If a car on jackstands in someones garage disassembled in a billion little pieces doesn't scare you, there are very good deals out there for you.
Assessing The Condition:
The number one thing i look at when assessing any project is structural condition. Look at the frame rails, suspension mounts, crossmembers etc. for damage or rot. Measure the frame diagonally to be sure the frame isn't crooked. Measure from the cowl area to the outer corner of the radiator support to ensure it's dimensionally correct. It doesn't have to measure "dead-nuts" on, but if there's obvious heavy damage you should find it early.
The good news is that any possible damage is fixable! Just because there is a 2 inch square hole rusted through the rear frame rail doesn't mean the car should go to the crusher!! If fact, the more problems you find are just ammunition you can use to get a lower purchase price. DON'T BE AFRAID OF DAMAGE/RUST! It's all fixable.
Look at door hinges and latches. Window regulators. Dashboard wiring. Is the fuel tank dented? Is all the door glass tinted the same? Has someone hacked up the car in any way to do some freaky custom stuff? Are all the nuts/bolts/fasteners there? Brackets? These are often overlooked details that can be a royal pain to deal with later.
It should go without saying to be sure the title is clear. Previously wrecked cars can be re-titled as "salvage" vehicles. This doesn't mean the car is really damaged beyond repair, it means that the insurance company determined that the cost to repair the car at the time of the damage/accident exceeded the value, so it was "totalled". For example if you owned a 1967 Dodge Dart in that was damaged in 1981, it wouldn't take much damage to exceed "book value" on what was at that time a run-of-the-mill grocery getter.
This affects re-sale value more than anything else, it is a mild deterrent from buying the car, but again, it's leverage to negotiate. If you never plan to sell the car, re-sale value wouldn't be an issue.
Practical Thoughts:
It's very possible to spend years looking for a "perfect project". The problem with that type of conservative thinking is that you'll never find anything "perfect". At some point, you have to stop picking every prospective car to death and jump into the game. For example, is a carved up dashboard really going to be the difference in a successful build and a life altering nightmare? It doesn't take long on any project to find surprises, dealing with them without catastrophising them is the difference in cars that get finished and old rustbuckets on jackstands. A finished car with flaws is worth more than a car that'll be perfect someday. There's an old saying in business: At some point it is necessary to shoot the engineers and begin production.
Calculating The Cost To Finish The Build:
This is where most would-be projects go wrong. You should have a clear idea of what it's all gonna cost before you even look at a car. The bad news is these projects can get out of control really quick if you're not careful. The good news is there are lots of good sources for parts, and catalogs to job-cost the project.
A good first time project would be to just re-condition an old rig without a lot of upgrades. You can expand your skills with really super trick stuff after a few builds. It doesn't take long before you'll be able to build about anything you want.
Here's an example of a basic budget for a simple recondition project:
Initial purchase: $4000
Sheetmetal/body parts: $350
Paint/body materials: $800
Rebuild brakes: $175
Rebuilt engine/longblock: $1000
Engine add-ons: $1350
(headers, holley carb, HEI ignition,
trick valve covers, etc.)
Drivetrain upgrades: $300
(u-joints, tranny cooler, steering
linkage, etc)
Bumpers/trim mouldings: $1000
Windshield: $135
Interior Kit: $800
Tires/Wheels: $1200
Misc surprises: $1000
Est cost to build: $12,110
Summary:
Building these cars is a real kick, there is nothing like rescuing an old car with your own hands. The only way to learn to do this is to just get a project and go for it. The good news is it's not that difficult. A willingness to get your hands dirty goes a lot further than high mechanical ability. Someone with basic mechanical aptitude can certainly build a musclecar.
18 wheeler driving musclecar guru. Residing in the pacific northwest.
Showing posts with label Small Business. Show all posts
Showing posts with label Small Business. Show all posts
Tuesday, October 11, 2011
Home Based Business Profitable Alternatives
Home Based Business Profitable Alternatives Home-Based Business - Today's Profitable Alternatives
The growth of home-based business had developed concurrently alongside the growth of the online business. With the explosion of so much businesses and other online commerce in the Internet, businesses that are home-based also grew as well. The reason is simple: A home-based business that was known only by word of mouth before has now the whole world as its main market after going online.
The exponential growth of online business in the Internet promptly carried with it some other businesses. The dime store in the corner had become a multi-million company after it went online. This sudden rise to prosperity had included those little operations that were formerly run from the insides of private homes.
Businesses and more
There are some considerations when one talks about a home-based business. Currently, this classification lists down legitimate businesses like buying and selling merchandise.
For purposes of simplification, this grouping also includes jobs or projects undertaken by someone who works from within the confines of their own homes. The rationale is that accepting jobs is also a form of business enterprise.
In formal business terms, service can be classified as a form of merchandise which can be bought and sold as such. The following are some of the more popular ones listed and classified as items in a home-based business enterprise.
Writing articles
If you have a knack for writing, this piece is good news. This was an offshoot when companies started growing and their staff cannot keep up with the writing requirements of their sites that need new articles regularly.
These companies with sites began outsourcing the writing jobs. The rationale, again, was that hiring freelancers to do the writing frees their staff to attend to more pressing stuff.
Another discovery was the fact that outsourcing is economical than utilizing in-house services. Outsourcing had also allowed them to find genuine writing talents who are passionate writers. It did not hurt that these writers come in cheap, too.
If interested, gather a small portfolio of pieces of your writing and send them out to companies that are looking to hire. You can also check out sites like Elance, ODesk, and GetFreelancer.
After getting some favorable reputation online, you can make quite an income writing for a living. (Some sites reportedly pay up to $50 an article.)
Website building
If you are secure with your writing and you wanted to have your own site and write those items you've always wanted to, then start one. Download a free website builder (WordPress is one very good candidate), take some classes on website building and write away those articles closest to your heart.
As regards making money, take a seminar or do your own research with how affiliate links and ads work in a website. You would then be able to assess what you need to do to get the big slice of the advertising pie of online advertisers. (Google grosses in the stratospheric billions of dollars.)
Virtual Assistant
It might be a euphemism on being a secretary-manager but it really pays much better and you work inside your home. Your boss is away and designates you to do the day-to-day chores on the site.
As a virtual assistant (VA), you handle the customer calls, set appointments, pay bills, arrange travel itineraries, and other businesses on the website. The upside is that virtual assistants work for only a few hours a day but the hourly rate is fairly good. Home-based business is slated to come out with more opportunities like this.
Virtual tutor
You may need your college degree here but having some extensive tutoring (or teaching experience) can still qualify you as a competent tutor. Sign up with a tutoring agency and work one-on-one with anyone from around the world who needs help in their homework, essay writing, language, math and others.
You can also make your own site and advertise yourself as a competent tutor.
Other businesses
There are more home-based business opportunities lined up right now than can be listed here. This is because the list gets longer every so often. It is only up to you to grab these opportunities presented online for everybody. There is no question on the many good benefits of running your own home-based business. However, sit down with yourself to check if it is really right for you.
Note: If you're looking for a legitimate way to earn income online and want to learn how to build a successful internet business, then I STRONGLY recommend you click here - http://Leverage-Income-Plan.com
The growth of home-based business had developed concurrently alongside the growth of the online business. With the explosion of so much businesses and other online commerce in the Internet, businesses that are home-based also grew as well. The reason is simple: A home-based business that was known only by word of mouth before has now the whole world as its main market after going online.
The exponential growth of online business in the Internet promptly carried with it some other businesses. The dime store in the corner had become a multi-million company after it went online. This sudden rise to prosperity had included those little operations that were formerly run from the insides of private homes.
Businesses and more
There are some considerations when one talks about a home-based business. Currently, this classification lists down legitimate businesses like buying and selling merchandise.
For purposes of simplification, this grouping also includes jobs or projects undertaken by someone who works from within the confines of their own homes. The rationale is that accepting jobs is also a form of business enterprise.
In formal business terms, service can be classified as a form of merchandise which can be bought and sold as such. The following are some of the more popular ones listed and classified as items in a home-based business enterprise.
Writing articles
If you have a knack for writing, this piece is good news. This was an offshoot when companies started growing and their staff cannot keep up with the writing requirements of their sites that need new articles regularly.
These companies with sites began outsourcing the writing jobs. The rationale, again, was that hiring freelancers to do the writing frees their staff to attend to more pressing stuff.
Another discovery was the fact that outsourcing is economical than utilizing in-house services. Outsourcing had also allowed them to find genuine writing talents who are passionate writers. It did not hurt that these writers come in cheap, too.
If interested, gather a small portfolio of pieces of your writing and send them out to companies that are looking to hire. You can also check out sites like Elance, ODesk, and GetFreelancer.
After getting some favorable reputation online, you can make quite an income writing for a living. (Some sites reportedly pay up to $50 an article.)
Website building
If you are secure with your writing and you wanted to have your own site and write those items you've always wanted to, then start one. Download a free website builder (WordPress is one very good candidate), take some classes on website building and write away those articles closest to your heart.
As regards making money, take a seminar or do your own research with how affiliate links and ads work in a website. You would then be able to assess what you need to do to get the big slice of the advertising pie of online advertisers. (Google grosses in the stratospheric billions of dollars.)
Virtual Assistant
It might be a euphemism on being a secretary-manager but it really pays much better and you work inside your home. Your boss is away and designates you to do the day-to-day chores on the site.
As a virtual assistant (VA), you handle the customer calls, set appointments, pay bills, arrange travel itineraries, and other businesses on the website. The upside is that virtual assistants work for only a few hours a day but the hourly rate is fairly good. Home-based business is slated to come out with more opportunities like this.
Virtual tutor
You may need your college degree here but having some extensive tutoring (or teaching experience) can still qualify you as a competent tutor. Sign up with a tutoring agency and work one-on-one with anyone from around the world who needs help in their homework, essay writing, language, math and others.
You can also make your own site and advertise yourself as a competent tutor.
Other businesses
There are more home-based business opportunities lined up right now than can be listed here. This is because the list gets longer every so often. It is only up to you to grab these opportunities presented online for everybody. There is no question on the many good benefits of running your own home-based business. However, sit down with yourself to check if it is really right for you.
Note: If you're looking for a legitimate way to earn income online and want to learn how to build a successful internet business, then I STRONGLY recommend you click here - http://Leverage-Income-Plan.com
What Makes Them Tick Entrepreneurs
What Makes Them Tick Entrepreneurs We call them entrepreneurs. They are the new breed of men and women who run their successful businesses in the most divergent, non-traditional ways that we know of from actual business enterprises and from schools. In practice, there had also been people like them in the past - business mavericks that succeeded beyond anybody's imagination. However, with the unprecedented growth of online businesses nowadays, the number of successful entrepreneurs also grew.
From what had been observed by experts (and amply demonstrated in the past) these enterprising men and women have always been unafraid of taking risks. They have an uncommon sense of creativity (financial and more). They also possess an uncanny eye in identifying the banal from the sublime when it comes to business.
Qualities
Entrepreneurs are usually found to work on small niche markets in trying out their unconventional ideas. One other common characteristic they have is fondness for taking calculated risks in everything they do.
People like them are different because they actually love challenges, and they look at the risks of going into new ventures as perfect challenges. They do this because they do not have much to fear. Somehow, they must have felt or probably known most of the things in those areas they set out to conquer. Knowledge usually erases the fear factor.
Still, they can be instinctively creative in most everything they do. You can also see it in kids who run lemonade stands, sell candies to their friends or organize a garage sale. (Of course, not everyone who did businesses as kids will grow into top businessmen.)
Other characteristics
Most entrepreneurs begin their businesses solely based on their personal passion and vision. Most of them, however, (like the rest of us) sometimes stumble into new ideas by solving old problems in some innovative, unconventional ways. The difference between them and us is the speed with which they seize the opportunity.
They formulate their big business decisions on their own, sometimes founded on solid set of facts. However, a big chunk of this talented group does their decision-making mostly based on their hunches and gut feel. At other times, they do seek advice from experts and other experienced people, although these cases are rare.
More skills
These enterprising types of people have innate skills in making good plans. They seem to follow what somebody said before that "failure to plan is a plan to fail."
In the real world, many small businesses do not last long enough. The main cause is the lack of a concrete plan. Successful people look like they are unafraid to make risky decisions. It had been found that those decisions have been based on solid, sound business plans.
Negotiation skills
Entrepreneurs have been discovered to be gifted with innate negotiating skills - that of making both sides a winner. For ordinary people like us, negotiations have always been characterized as trying to get as much as we can from a deal.
These people have the talent and instincts to make everybody on the negotiating table going away satisfied. They have the knack of making everyone - colleagues, suppliers, even competitors - feel like winners.
People skills
More than the next regular guy, they also possess that special ability to delegate the right work to the right person. They can size up a person and his abilities the first time around.
This is a vital gift in the sense that in many new startup companies there is always the danger of the wrong person doing the wrong line of work. This usually happens in new setups where nobody had tested each person's capacity, aptitude and skills.
Networking /EQ
These people also know in their guts that entrepreneurship is not something you do on your own. In a society such as ours, inter-connectivity is a vital lifeline to anyone, without exception.
The idea and the methods might be your own, but working on it and making it possible still needs the support of everyone - family, friend, colleagues, and probably someone who shares his experiences.
Entrepreneurs also have that other special gift termed as emotional intelligence (EQ). In a nutshell, this is a set of skills that allows you to understand and influence the behavior of yourself and others. This is very important because as entrepreneurs you must have the varied skills of handling other people, the situation and yourself.
Note: If you're looking for a legitimate way to earn income online and want to learn how to build a successful internet business, then I STRONGLY recommend you click here - http://Leverage-Income-Plan.com
From what had been observed by experts (and amply demonstrated in the past) these enterprising men and women have always been unafraid of taking risks. They have an uncommon sense of creativity (financial and more). They also possess an uncanny eye in identifying the banal from the sublime when it comes to business.
Qualities
Entrepreneurs are usually found to work on small niche markets in trying out their unconventional ideas. One other common characteristic they have is fondness for taking calculated risks in everything they do.
People like them are different because they actually love challenges, and they look at the risks of going into new ventures as perfect challenges. They do this because they do not have much to fear. Somehow, they must have felt or probably known most of the things in those areas they set out to conquer. Knowledge usually erases the fear factor.
Still, they can be instinctively creative in most everything they do. You can also see it in kids who run lemonade stands, sell candies to their friends or organize a garage sale. (Of course, not everyone who did businesses as kids will grow into top businessmen.)
Other characteristics
Most entrepreneurs begin their businesses solely based on their personal passion and vision. Most of them, however, (like the rest of us) sometimes stumble into new ideas by solving old problems in some innovative, unconventional ways. The difference between them and us is the speed with which they seize the opportunity.
They formulate their big business decisions on their own, sometimes founded on solid set of facts. However, a big chunk of this talented group does their decision-making mostly based on their hunches and gut feel. At other times, they do seek advice from experts and other experienced people, although these cases are rare.
More skills
These enterprising types of people have innate skills in making good plans. They seem to follow what somebody said before that "failure to plan is a plan to fail."
In the real world, many small businesses do not last long enough. The main cause is the lack of a concrete plan. Successful people look like they are unafraid to make risky decisions. It had been found that those decisions have been based on solid, sound business plans.
Negotiation skills
Entrepreneurs have been discovered to be gifted with innate negotiating skills - that of making both sides a winner. For ordinary people like us, negotiations have always been characterized as trying to get as much as we can from a deal.
These people have the talent and instincts to make everybody on the negotiating table going away satisfied. They have the knack of making everyone - colleagues, suppliers, even competitors - feel like winners.
People skills
More than the next regular guy, they also possess that special ability to delegate the right work to the right person. They can size up a person and his abilities the first time around.
This is a vital gift in the sense that in many new startup companies there is always the danger of the wrong person doing the wrong line of work. This usually happens in new setups where nobody had tested each person's capacity, aptitude and skills.
Networking /EQ
These people also know in their guts that entrepreneurship is not something you do on your own. In a society such as ours, inter-connectivity is a vital lifeline to anyone, without exception.
The idea and the methods might be your own, but working on it and making it possible still needs the support of everyone - family, friend, colleagues, and probably someone who shares his experiences.
Entrepreneurs also have that other special gift termed as emotional intelligence (EQ). In a nutshell, this is a set of skills that allows you to understand and influence the behavior of yourself and others. This is very important because as entrepreneurs you must have the varied skills of handling other people, the situation and yourself.
Note: If you're looking for a legitimate way to earn income online and want to learn how to build a successful internet business, then I STRONGLY recommend you click here - http://Leverage-Income-Plan.com
Friday, September 30, 2011
simplest way to manage your micro business
simplest way to manage your micro business Whether you are just starting out or you are looking for better ways to manage your existing micro business, one of the key factors to making it a success is to manage your business financials and track your business health. Nominal Accounting Software makes it super simple for businesses with up to 5 employees to stay on track.
Accounting is a fact of life for any micro/small business, whether you’re a contractor that bills to one customer on a weekly basis, or you’re in retail and need to keep track of the profitability of different products or the conversion rate of your online store. Each micro business is different and yet they have the same financial needs.
There are various ways and means to keeping your financials in order such as;
1) Pen and paper; The dollar cost is very low but at the same time it is complex and time consuming. Wouldn’t time be better spent working ON your small business?
2) The Shoe Box; All documents, invoices, receipts are collected and then sent off to your accountant. This is probably one of the most expensive ways to do your accounting and it fails to give you any insight to your business.
3) Desktop accounting software; Such as the well known MYOB or QuickBooks. They usually require some kind of training to begin using them or at least a basic understanding of accounting concepts.
4) Online accounting software; Such as Saasu, Xero and many others are available today. The usually have higher ongoing costs and that they lack a lot of the functionality that is available in other desktop solutions.
5) Outsourced bookkeeper; Similar to the shoebox option - it makes it simpler for you but costs more and provides you with less insight into the workings of your own business.
6) In-house bookkeeper; The cost of a full-time or part-time employee comes with the highest costs and is probably an over kill for most small businesses.
So what is the answer? No business can run efficiently without any kind of bookkeeping and Nominal Accounting Software offers a unique accounting program specifically designed with micro businesses in mind, unlike other products that target businesses of all sizes.
The desktop software helps you manage all aspects of your business including:
1) Time Billing; bill customers for time spent, multiple rates and costs, easy to fill timesheet which automatically generates an invoice.
2) PayPal Accounting; integrate your PayPal account, auto create invoices, purchases and payments, account for PayPal fees and transfers.
3) Integration with all your online systems (Freshbooks/Harvest-invoicing, SalesForce/SugarCRM/Highrise-CRM, Magento/ZenCart/VirtueMart-shopping carts and Google – contacts)
4) Invoicing Customers; choose and customise an invoice template (reinforcing your brand), bill for time, print and email invoices, record credit notes.
5) Paying Vendors; record receipt of items, enter and pay bills.
6) Tracking Inventory; manage your item list, adjust physical count and inventory values, adjust prices and costings.
7) Managing Cash and Bank Accounts; spending money, making deposits, transferring money, working with register and reconciling accounts.
8) Paying Employees; setting up payroll, paying employees, editing, printing and emailing payslips and recording payroll liabilities.
9) Preparing Financial Reports; producing reports, customising reports; scheduling and emailing reports.
10) SBR Standard business reporting; using the NEW Australian Government interface, Nominal Accounting is also the FIRST and ONLY small business accounting software that allows you to submit your Business Activity Statement and Tax File Number declaration forms from within the accounting software.
11) Business Dashboard that allows you to view multiple KPIs, such sales over time, average sale, as well as Facebook Feeds, Twitter mentions, Twitter followers over time and your Google Analytics stats.
Nominal Accounting Software helps you to track the health of your business at a glance with monthly, quarterly & yearly reports, so you can make decisions in real time to benefit your business.
If the shoebox is full then it’s time to look at another way to keep your finances on track! Nominal Small Business Accounting Software brings the greatest insights to your business as well as the simplicity that is required by the micro business owner.
Whether you are just starting out or you are looking for better ways to manage your existing micro business, one of the key factors to making it a success is to manage your business financials and track your business health. Nominal Accounting Software makes it super simple for businesses with up to 5 employees to stay on track.
Accounting is a fact of life for any micro/small business, whether you’re a contractor that bills to one customer on a weekly basis, or you’re in retail and need to keep track of the profitability of different products or the conversion rate of your online store. Each micro business is different and yet they have the same financial needs.
There are various ways and means to keeping your financials in order such as;
1) Pen and paper; The dollar cost is very low but at the same time it is complex and time consuming. Wouldn’t time be better spent working ON your small business?
2) The Shoe Box; All documents, invoices, receipts are collected and then sent off to your accountant. This is probably one of the most expensive ways to do your accounting and it fails to give you any insight to your business.
3) Desktop accounting software; Such as the well known MYOB or QuickBooks. They usually require some kind of training to begin using them or at least a basic understanding of accounting concepts.
4) Online accounting software; Such as Saasu, Xero and many others are available today. The usually have higher ongoing costs and that they lack a lot of the functionality that is available in other desktop solutions.
5) Outsourced bookkeeper; Similar to the shoebox option - it makes it simpler for you but costs more and provides you with less insight into the workings of your own business.
6) In-house bookkeeper; The cost of a full-time or part-time employee comes with the highest costs and is probably an over kill for most small businesses.
So what is the answer? No business can run efficiently without any kind of bookkeeping and Nominal Accounting Software offers a unique accounting program specifically designed with micro businesses in mind, unlike other products that target businesses of all sizes.
The desktop software helps you manage all aspects of your business including:
1) Time Billing; bill customers for time spent, multiple rates and costs, easy to fill timesheet which automatically generates an invoice.
2) PayPal Accounting; integrate your PayPal account, auto create invoices, purchases and payments, account for PayPal fees and transfers.
3) Integration with all your online systems (Freshbooks/Harvest-invoicing, SalesForce/SugarCRM/Highrise-CRM, Magento/ZenCart/VirtueMart-shopping carts and Google – contacts)
4) Invoicing Customers; choose and customise an invoice template (reinforcing your brand), bill for time, print and email invoices, record credit notes.
5) Paying Vendors; record receipt of items, enter and pay bills.
6) Tracking Inventory; manage your item list, adjust physical count and inventory values, adjust prices and costings.
7) Managing Cash and Bank Accounts; spending money, making deposits, transferring money, working with register and reconciling accounts.
8) Paying Employees; setting up payroll, paying employees, editing, printing and emailing payslips and recording payroll liabilities.
9) Preparing Financial Reports; producing reports, customising reports; scheduling and emailing reports.
10) SBR Standard business reporting; using the NEW Australian Government interface, Nominal Accounting is also the FIRST and ONLY small business accounting software that allows you to submit your Business Activity Statement and Tax File Number declaration forms from within the accounting software.
11) Business Dashboard that allows you to view multiple KPIs, such sales over time, average sale, as well as Facebook Feeds, Twitter mentions, Twitter followers over time and your Google Analytics stats.
Nominal Accounting Software helps you to track the health of your business at a glance with monthly, quarterly & yearly reports, so you can make decisions in real time to benefit your business.
If the shoebox is full then it’s time to look at another way to keep your finances on track! Nominal Small Business Accounting Software brings the greatest insights to your business as well as the simplicity that is required by the micro business owner.
Nominal Accounting offers a simple and complete accounting software package that is easy for small businesses to use. For more information visit us at www.nominal.com.au
Accounting is a fact of life for any micro/small business, whether you’re a contractor that bills to one customer on a weekly basis, or you’re in retail and need to keep track of the profitability of different products or the conversion rate of your online store. Each micro business is different and yet they have the same financial needs.
There are various ways and means to keeping your financials in order such as;
1) Pen and paper; The dollar cost is very low but at the same time it is complex and time consuming. Wouldn’t time be better spent working ON your small business?
2) The Shoe Box; All documents, invoices, receipts are collected and then sent off to your accountant. This is probably one of the most expensive ways to do your accounting and it fails to give you any insight to your business.
3) Desktop accounting software; Such as the well known MYOB or QuickBooks. They usually require some kind of training to begin using them or at least a basic understanding of accounting concepts.
4) Online accounting software; Such as Saasu, Xero and many others are available today. The usually have higher ongoing costs and that they lack a lot of the functionality that is available in other desktop solutions.
5) Outsourced bookkeeper; Similar to the shoebox option - it makes it simpler for you but costs more and provides you with less insight into the workings of your own business.
6) In-house bookkeeper; The cost of a full-time or part-time employee comes with the highest costs and is probably an over kill for most small businesses.
So what is the answer? No business can run efficiently without any kind of bookkeeping and Nominal Accounting Software offers a unique accounting program specifically designed with micro businesses in mind, unlike other products that target businesses of all sizes.
The desktop software helps you manage all aspects of your business including:
1) Time Billing; bill customers for time spent, multiple rates and costs, easy to fill timesheet which automatically generates an invoice.
2) PayPal Accounting; integrate your PayPal account, auto create invoices, purchases and payments, account for PayPal fees and transfers.
3) Integration with all your online systems (Freshbooks/Harvest-invoicing, SalesForce/SugarCRM/Highrise-CRM, Magento/ZenCart/VirtueMart-shopping carts and Google – contacts)
4) Invoicing Customers; choose and customise an invoice template (reinforcing your brand), bill for time, print and email invoices, record credit notes.
5) Paying Vendors; record receipt of items, enter and pay bills.
6) Tracking Inventory; manage your item list, adjust physical count and inventory values, adjust prices and costings.
7) Managing Cash and Bank Accounts; spending money, making deposits, transferring money, working with register and reconciling accounts.
8) Paying Employees; setting up payroll, paying employees, editing, printing and emailing payslips and recording payroll liabilities.
9) Preparing Financial Reports; producing reports, customising reports; scheduling and emailing reports.
10) SBR Standard business reporting; using the NEW Australian Government interface, Nominal Accounting is also the FIRST and ONLY small business accounting software that allows you to submit your Business Activity Statement and Tax File Number declaration forms from within the accounting software.
11) Business Dashboard that allows you to view multiple KPIs, such sales over time, average sale, as well as Facebook Feeds, Twitter mentions, Twitter followers over time and your Google Analytics stats.
Nominal Accounting Software helps you to track the health of your business at a glance with monthly, quarterly & yearly reports, so you can make decisions in real time to benefit your business.
If the shoebox is full then it’s time to look at another way to keep your finances on track! Nominal Small Business Accounting Software brings the greatest insights to your business as well as the simplicity that is required by the micro business owner.
Whether you are just starting out or you are looking for better ways to manage your existing micro business, one of the key factors to making it a success is to manage your business financials and track your business health. Nominal Accounting Software makes it super simple for businesses with up to 5 employees to stay on track.
Accounting is a fact of life for any micro/small business, whether you’re a contractor that bills to one customer on a weekly basis, or you’re in retail and need to keep track of the profitability of different products or the conversion rate of your online store. Each micro business is different and yet they have the same financial needs.
There are various ways and means to keeping your financials in order such as;
1) Pen and paper; The dollar cost is very low but at the same time it is complex and time consuming. Wouldn’t time be better spent working ON your small business?
2) The Shoe Box; All documents, invoices, receipts are collected and then sent off to your accountant. This is probably one of the most expensive ways to do your accounting and it fails to give you any insight to your business.
3) Desktop accounting software; Such as the well known MYOB or QuickBooks. They usually require some kind of training to begin using them or at least a basic understanding of accounting concepts.
4) Online accounting software; Such as Saasu, Xero and many others are available today. The usually have higher ongoing costs and that they lack a lot of the functionality that is available in other desktop solutions.
5) Outsourced bookkeeper; Similar to the shoebox option - it makes it simpler for you but costs more and provides you with less insight into the workings of your own business.
6) In-house bookkeeper; The cost of a full-time or part-time employee comes with the highest costs and is probably an over kill for most small businesses.
So what is the answer? No business can run efficiently without any kind of bookkeeping and Nominal Accounting Software offers a unique accounting program specifically designed with micro businesses in mind, unlike other products that target businesses of all sizes.
The desktop software helps you manage all aspects of your business including:
1) Time Billing; bill customers for time spent, multiple rates and costs, easy to fill timesheet which automatically generates an invoice.
2) PayPal Accounting; integrate your PayPal account, auto create invoices, purchases and payments, account for PayPal fees and transfers.
3) Integration with all your online systems (Freshbooks/Harvest-invoicing, SalesForce/SugarCRM/Highrise-CRM, Magento/ZenCart/VirtueMart-shopping carts and Google – contacts)
4) Invoicing Customers; choose and customise an invoice template (reinforcing your brand), bill for time, print and email invoices, record credit notes.
5) Paying Vendors; record receipt of items, enter and pay bills.
6) Tracking Inventory; manage your item list, adjust physical count and inventory values, adjust prices and costings.
7) Managing Cash and Bank Accounts; spending money, making deposits, transferring money, working with register and reconciling accounts.
8) Paying Employees; setting up payroll, paying employees, editing, printing and emailing payslips and recording payroll liabilities.
9) Preparing Financial Reports; producing reports, customising reports; scheduling and emailing reports.
10) SBR Standard business reporting; using the NEW Australian Government interface, Nominal Accounting is also the FIRST and ONLY small business accounting software that allows you to submit your Business Activity Statement and Tax File Number declaration forms from within the accounting software.
11) Business Dashboard that allows you to view multiple KPIs, such sales over time, average sale, as well as Facebook Feeds, Twitter mentions, Twitter followers over time and your Google Analytics stats.
Nominal Accounting Software helps you to track the health of your business at a glance with monthly, quarterly & yearly reports, so you can make decisions in real time to benefit your business.
If the shoebox is full then it’s time to look at another way to keep your finances on track! Nominal Small Business Accounting Software brings the greatest insights to your business as well as the simplicity that is required by the micro business owner.
Nominal Accounting offers a simple and complete accounting software package that is easy for small businesses to use. For more information visit us at www.nominal.com.au
Sell Your Music Beats for Money
Sell Your Music Beats for Money Some of the best songs are created as a sweet combination of different beats. Beats are made and sold online for this reason. A lot of song makers and artists are now looking for some beats that they can purchase. Their goal is to enhance their songs and they can only do that with good beats. Because of this, there is some decent money to be made in this industry. If you have a computer and an internet connection, then you may be on your way to beat selling greatness.
Learning to create your own beats is really easy and selling it is not difficult if you know how to promote your instrumentals. Fortunately, this article will clue you in on how you can sell your beats for money. Here are some steps that can help you jump start your beat selling career.
Know How To Create Beats First
Of course, before you can sell beats, you first need to know how to create some beats. Creating some beats may need some time. First, you need to decide on a beat making software. There are a lot of programs on the market. You need to go through its different features and see if you can work with it. Once you get a feel on how your software works, then you can start making your first beat. Be sure to ask for feedback from beat fans so you know that your beats will sell.
Promoting To The Right Audience
Once you have some good beats, you can start promoting them. As a beginner, I suggest creating an account in MySpace and sound click. MySpace is a website that is loaded with artists and rappers. This is an instant market that you can tap into. While you can also promote your beats in websites like Twitter and Facebook, it is still better to promote them on MySpace for the market is more targeted. Soundclick is the same. You can create an account here and put your beats up for sale. You can set your profile to paid and make money from it right away. Also, if you are smart, you will create your own website and promote it on the search engines.
Expanding Your Territories
And once you have sold a few beats, it is time to expand your territory by breaking into new ground. This means that you will look for a new market you can tap and I am talking about the high paying market.
You can get paid higher for your beats if you do custom made beats for your clients. You can contact artists directly and ask them about what type of beats they are looking for. You can also look for opportunities for commercials or films. These deals pay higher than getting a mere $20 for your beats.
So if you want to make a living selling beats online, you have a great chance in succeeding. As long as you take the time to learn the craft and do your promotion to the right market, then you can expect to make a decent income out of this business.
Know How To Create Beats First
Of course, before you can sell beats, you first need to know how to create some beats. Creating some beats may need some time. First, you need to decide on a beat making software. There are a lot of programs on the market. You need to go through its different features and see if you can work with it. Once you get a feel on how your software works, then you can start making your first beat. Be sure to ask for feedback from beat fans so you know that your beats will sell.
Promoting To The Right Audience
Once you have some good beats, you can start promoting them. As a beginner, I suggest creating an account in MySpace and sound click. MySpace is a website that is loaded with artists and rappers. This is an instant market that you can tap into. While you can also promote your beats in websites like Twitter and Facebook, it is still better to promote them on MySpace for the market is more targeted. Soundclick is the same. You can create an account here and put your beats up for sale. You can set your profile to paid and make money from it right away. Also, if you are smart, you will create your own website and promote it on the search engines.
Expanding Your Territories
And once you have sold a few beats, it is time to expand your territory by breaking into new ground. This means that you will look for a new market you can tap and I am talking about the high paying market.
You can get paid higher for your beats if you do custom made beats for your clients. You can contact artists directly and ask them about what type of beats they are looking for. You can also look for opportunities for commercials or films. These deals pay higher than getting a mere $20 for your beats.
So if you want to make a living selling beats online, you have a great chance in succeeding. As long as you take the time to learn the craft and do your promotion to the right market, then you can expect to make a decent income out of this business.
Start selling beats now fast and easily! Visit Live off your beats today to learn how you can make money from selling your beats online.
Thursday, September 29, 2011
Entrepreneurship As Student
Entrepreneurship As Student Some people dream about the opportunity of being their own boss. The flexibility to carry out what you wish whenever you want to do it, and not have to answer to any person but ones self sounds like an optimal employment situation, but one that is out of reach to many. Not as a student. Being a student is the greatest time to start a business.
Not so in today's climate. Self-employment and freelancing has continuously risen during the last years and goes on to do so. Freelancing as a student is relatively easy. Working from a home office is no longer just a clever bluff for out-of-work creatives or an option for company owners after thirty years of hard graft, but it's accessible to anyone with a talent that is willing to work extra hard for the merits of managing themselves.
There are two main easy ways to be independently employed. You are able setup a business of your own, which requires registering your organization, looking for premises and recruits (and the finance to do so!) etc, or you might be a freelancer or contractor, which requires advertising your services to businesses and other individuals and hoping that someone chooses you. Use student freelancing websites to get your student business started.
Freelancing will still call for you to pay attention to deadlines and do the work that is set, but does allow you to prefer whether you take the work, and allow you to choose your own pace and work schedule. It also pays more frequently and securely. You need to be an organised student in order to succeed.
Starting your own business is riskier, but gives you true independence, there can be no work except if you set it, and the work mind set you are expected to fall into is completely made up by you! However, if you don't do the work, the money doesn't come in and your business will find it difficult to stay money making, so it is a double-edged sword. At university, students have the opportunity to start a business. The UK government is getting behind students who want to achieve their business dreams.
With the use of real love for what you do together with a peaceful mentality which is able to keep you content throughout the drawbacks of self-employment, there exists plenty of advantages to make it all worth chasing!
Independence: The important one. Student self employment means never having to call in sick, never needing to brave the commute on a wet winters day or take the criticism for something that wasn't your wrong doing. If you wish to take lunchtime at 10am or perhaps even take a nap til midday then that's fully one's own prerogative you will easily finish up plummeting into a routine entirely of your designing, that matches with the life that you want to lead.
Variety: We are all good at some thing. Whether it be writing, bookkeeping or embroidery, everyone is able to do something, do it well, and accomplish this with a big smile upon their faces! With student self employment you choose that one thing you're keen on working on above everything else and make it give you the results you want. The vast majority of skills can easily be converted into cash but you have to look for the right angle, and many times passion is just as, if not much more significant, than anything above competence at a job.
Achieving extra money: Security can be a large challenge with being your own boss. Never experiencing a regular pay cheque may mean which you don't always know where the upcoming income is coming from and this will make rent and bills a pain to work around. This is the reason it is best to begin your student self-employment career part time and around your main occupation.
Not only does this usher in two salaries, but you feel secure and also have recurring cash flow arriving in to take your venture off the ground before you can make the leap to functioning self-employed full-time. Once you determine you really are creating enough to make yourself your own boss, you will find that self-employed individuals also catch a great deal of breaks in relation to monthly spending, with tax breaks are available to them, and a abrupt decline in travel money! Of course, you'll have even more tax breaks as a student, being a student is the best place to start a business. Network with other students.
By way of a little guts and a large amount of exertion, becoming self employed will not be such a challenging transition. The benefits and advantages outweigh the setbacks without question, and once you've started out you'll be stunned at how rapidly you forget what it previously was like to work for an employer at all! Just manage your precious time effectually and take risks when you need to, to truly enjoy a work/life balance unlike any other. As mentioned, students are in the ideal place to start a business. Students ordinarily have the most time on their hands and there is sufficient support options for students to start a business.
There are two main easy ways to be independently employed. You are able setup a business of your own, which requires registering your organization, looking for premises and recruits (and the finance to do so!) etc, or you might be a freelancer or contractor, which requires advertising your services to businesses and other individuals and hoping that someone chooses you. Use student freelancing websites to get your student business started.
Freelancing will still call for you to pay attention to deadlines and do the work that is set, but does allow you to prefer whether you take the work, and allow you to choose your own pace and work schedule. It also pays more frequently and securely. You need to be an organised student in order to succeed.
Starting your own business is riskier, but gives you true independence, there can be no work except if you set it, and the work mind set you are expected to fall into is completely made up by you! However, if you don't do the work, the money doesn't come in and your business will find it difficult to stay money making, so it is a double-edged sword. At university, students have the opportunity to start a business. The UK government is getting behind students who want to achieve their business dreams.
With the use of real love for what you do together with a peaceful mentality which is able to keep you content throughout the drawbacks of self-employment, there exists plenty of advantages to make it all worth chasing!
Independence: The important one. Student self employment means never having to call in sick, never needing to brave the commute on a wet winters day or take the criticism for something that wasn't your wrong doing. If you wish to take lunchtime at 10am or perhaps even take a nap til midday then that's fully one's own prerogative you will easily finish up plummeting into a routine entirely of your designing, that matches with the life that you want to lead.
Variety: We are all good at some thing. Whether it be writing, bookkeeping or embroidery, everyone is able to do something, do it well, and accomplish this with a big smile upon their faces! With student self employment you choose that one thing you're keen on working on above everything else and make it give you the results you want. The vast majority of skills can easily be converted into cash but you have to look for the right angle, and many times passion is just as, if not much more significant, than anything above competence at a job.
Achieving extra money: Security can be a large challenge with being your own boss. Never experiencing a regular pay cheque may mean which you don't always know where the upcoming income is coming from and this will make rent and bills a pain to work around. This is the reason it is best to begin your student self-employment career part time and around your main occupation.
Not only does this usher in two salaries, but you feel secure and also have recurring cash flow arriving in to take your venture off the ground before you can make the leap to functioning self-employed full-time. Once you determine you really are creating enough to make yourself your own boss, you will find that self-employed individuals also catch a great deal of breaks in relation to monthly spending, with tax breaks are available to them, and a abrupt decline in travel money! Of course, you'll have even more tax breaks as a student, being a student is the best place to start a business. Network with other students.
By way of a little guts and a large amount of exertion, becoming self employed will not be such a challenging transition. The benefits and advantages outweigh the setbacks without question, and once you've started out you'll be stunned at how rapidly you forget what it previously was like to work for an employer at all! Just manage your precious time effectually and take risks when you need to, to truly enjoy a work/life balance unlike any other. As mentioned, students are in the ideal place to start a business. Students ordinarily have the most time on their hands and there is sufficient support options for students to start a business.
It is possible to start a business as a student and on our site we have advice from top entrepreneurs and experts who want to help you do just that. Come and visit the forums a wealthystudent.co.uk/ entrepreneur section on our site and see how we are helping students start businesses.
Understanding Website Promotion For Business Performance
Understanding Website Promotion For Business Performance Do you manage your own website online? Then, for sure you are looking for effective ways on how to reach out to more clients and craft big sales and profits for you to enjoy. Well, the real deal in launching a business online is for you to sell the products or services that you offer the general public and get something in return.
For you to achieve this goal, you have to work on what is known as website promotion. But before that, there are a couple of concepts for you to learn.
For you to achieve this goal, you have to work on what is known as website promotion. But before that, there are a couple of concepts for you to learn.
To promote the website means to employ the most effective and highly used marketing strategies known in the world of Internet marketing. These methods are of course very vital to the growth of your business.
Thus, website promotion refers to popularizing it so you may reach a wide range of potential customers. It also involves increasing web traffic and visitors. When these aspects are met, you can expect a positive effect on your online business. Therefore, the promotion of the website should be done with an utmost dose of zeal and dedication.
Proven Techniques in Website Promotion
These days, there are several techniques that webmasters use to promote the websites. A basic understanding of what they are and how to do them will truly be of help to you.
Look at the following checklist:
Be sure that your website is clearly visible. Make announcements, submit to directories, come up with promos, link with other websites, and so on just to let the public know that your website and your business exist.
Provide tweaks in your website. By doing so, your page will be more user-friendly and more visitors are likely to take a look at it.
Make sure that you employ the pertinent search engine optimization techniques on your website. An SEO company or expert can help you work with the algorithms and a bunch of statistics so that your page will be easily tracked by the popular search engines.
Include a couple of features in your website that will make it easy to locate. Take note of the effective distribution and use of the headers, hyperlinks, web site title, Meta tags, and keywords. The latter should be distributed all throughout the content but without the need to stuff the entire content.
Apply the good linking methods that many experts use. It also helps to get your website a part of the leading online directories. Reciprocal linking must be considered as well.
Be active in popular social networking sites, send newsletters and e-mails, and do blogs because these are ideal ways on how to promote the website and get in touch with real customers.
Become a part of the audio or print media, sponsor events, and spread awareness among the people.
Thus, website promotion refers to popularizing it so you may reach a wide range of potential customers. It also involves increasing web traffic and visitors. When these aspects are met, you can expect a positive effect on your online business. Therefore, the promotion of the website should be done with an utmost dose of zeal and dedication.
Proven Techniques in Website Promotion
These days, there are several techniques that webmasters use to promote the websites. A basic understanding of what they are and how to do them will truly be of help to you.
Look at the following checklist:
Be sure that your website is clearly visible. Make announcements, submit to directories, come up with promos, link with other websites, and so on just to let the public know that your website and your business exist.
Provide tweaks in your website. By doing so, your page will be more user-friendly and more visitors are likely to take a look at it.
Make sure that you employ the pertinent search engine optimization techniques on your website. An SEO company or expert can help you work with the algorithms and a bunch of statistics so that your page will be easily tracked by the popular search engines.
Include a couple of features in your website that will make it easy to locate. Take note of the effective distribution and use of the headers, hyperlinks, web site title, Meta tags, and keywords. The latter should be distributed all throughout the content but without the need to stuff the entire content.
Apply the good linking methods that many experts use. It also helps to get your website a part of the leading online directories. Reciprocal linking must be considered as well.
Be active in popular social networking sites, send newsletters and e-mails, and do blogs because these are ideal ways on how to promote the website and get in touch with real customers.
Become a part of the audio or print media, sponsor events, and spread awareness among the people.
Finally, website promotion takes a lot of varied forms. It is up to you to widen your horizon so as to reach more target clients. Be guided by this checklist so that you may ensure the success of your online entrepreneurship. However, as mentioned, you can actively make use of social media to brand yourself. To help you, down load the free "Social Branding Report" from http://www.socialbrandingreport.com
Top Five IVA Questions
Top Five IVA Questions Thinking of starting an IVA? We answer 5 key questions that people ask before they begin an IVA debt solution.
The IVA or individual voluntary arrangement can be a very good debt solution to choose.
However before starting an IVA there are a number of things you should consider so that you can be sure that it is the right debt solution for you.
How much will I have to pay to my debts?
The first thing to understand about an individual voluntary arrangement is how much you will have to pay towards your debts each month.
Your monthly IVA payment is based on the amount you can afford, not the amount that you should pay to meet your minimum monthly debt repayments.
You work out what you can afford to pay by first taking your total monthly income including any benefits that you receive. You then deduct your living expenses budget which includes everything you need to pay all of your reasonable living expenses.
The amount you are left with is what you can afford to pay to an IVA.
The only rule is that generally speaking it will be difficult to start an IVA debt solution unless you can afford to pay at least £150 a month to your creditors.
How long will an IVA last?
One of the main advantages of an IVA is that you only have to pay it for five years.
After you have made your payments for five years any debts included in the IVA which you have not been able to repay will be written off and you will not have to pay any more.
You might be able to reduce the amount of time that you pay into your IVA if during the five years you can settle what you owe in full with a lump sum payment.
This lump sum would have to be made available from a third party such as a friend or family member
Some IVAs will last longer than five years however this is unusual.
Will an IVA mean I lose my house?
No you will not lose your house. If you are a homeowner the IVA debt solution gives you protection against any of your creditors taking further legal action which might put your property at risk.
This action could include things like applying for charging orders or even trying to make you bankrupt.
When you start an individual voluntary arrangement you must ensure that you continue to pay your mortgage and any other secured loans.
These debts will not be part of your IVA agreement but you will always be able to afford to pay them as they are calculated within your living expenses budget.
In addition, as a homeowner you need to understand that as part of your IVA you may be required to release equity from your property to help repay your creditors. You need to fully understand this by speaking to a debt expert before starting an IVA.
Will my credit rating be affected?
As with any other debt management solution, if you start an individual voluntary arrangement your credit rating will be made worse.
The fact that you have started an IVA will be recorded on your credit file. This will prevent you from borrowing more money from most high street banks. You may also have difficulty getting things like car finance and a contract mobile phone.
Your credit rating will not start to improve until one year after your IVA finished when the record of the IVA is taken off your credit file.
Although your credit rating will be affected, you need to understand that if you start to miss your monthly debt repayments and take no action this will also have a serious negative effect on your credit rating.
Will my friends, family or employer find out?
An IVA is not publically advertised and no-one will be automatically told that you have started an IVA.
As such, none of your friends, family or employer will automatically find out about your IVA unless you chose to tell them.
However, it is important to understand that as soon as your IVA starts, your name and address will be added to the insolvency register. This is a register of everyone who is in an IVA or has been made bankrupt.
The register is a public document and can be easily accessed via the internet. As such, if someone you know wants to find out whether you are in an IVA, they will be able to do so by going to the register and carrying out a simple search on your name.
Understand what an IVA means for you
An individual voluntary arrangement can mean that you will be free of your unsecured debt after five years.
However using an IVA debt solution is a serious undertaking and before you start an IVA it is very important that you understand all of the implication for your personal circumstances.
In order to do this you should make sure you take advice from an experienced debt advisor who can explain exactly what an IVA will mean for you.
However before starting an IVA there are a number of things you should consider so that you can be sure that it is the right debt solution for you.
How much will I have to pay to my debts?
The first thing to understand about an individual voluntary arrangement is how much you will have to pay towards your debts each month.
Your monthly IVA payment is based on the amount you can afford, not the amount that you should pay to meet your minimum monthly debt repayments.
You work out what you can afford to pay by first taking your total monthly income including any benefits that you receive. You then deduct your living expenses budget which includes everything you need to pay all of your reasonable living expenses.
The amount you are left with is what you can afford to pay to an IVA.
The only rule is that generally speaking it will be difficult to start an IVA debt solution unless you can afford to pay at least £150 a month to your creditors.
How long will an IVA last?
One of the main advantages of an IVA is that you only have to pay it for five years.
After you have made your payments for five years any debts included in the IVA which you have not been able to repay will be written off and you will not have to pay any more.
You might be able to reduce the amount of time that you pay into your IVA if during the five years you can settle what you owe in full with a lump sum payment.
This lump sum would have to be made available from a third party such as a friend or family member
Some IVAs will last longer than five years however this is unusual.
Will an IVA mean I lose my house?
No you will not lose your house. If you are a homeowner the IVA debt solution gives you protection against any of your creditors taking further legal action which might put your property at risk.
This action could include things like applying for charging orders or even trying to make you bankrupt.
When you start an individual voluntary arrangement you must ensure that you continue to pay your mortgage and any other secured loans.
These debts will not be part of your IVA agreement but you will always be able to afford to pay them as they are calculated within your living expenses budget.
In addition, as a homeowner you need to understand that as part of your IVA you may be required to release equity from your property to help repay your creditors. You need to fully understand this by speaking to a debt expert before starting an IVA.
Will my credit rating be affected?
As with any other debt management solution, if you start an individual voluntary arrangement your credit rating will be made worse.
The fact that you have started an IVA will be recorded on your credit file. This will prevent you from borrowing more money from most high street banks. You may also have difficulty getting things like car finance and a contract mobile phone.
Your credit rating will not start to improve until one year after your IVA finished when the record of the IVA is taken off your credit file.
Although your credit rating will be affected, you need to understand that if you start to miss your monthly debt repayments and take no action this will also have a serious negative effect on your credit rating.
Will my friends, family or employer find out?
An IVA is not publically advertised and no-one will be automatically told that you have started an IVA.
As such, none of your friends, family or employer will automatically find out about your IVA unless you chose to tell them.
However, it is important to understand that as soon as your IVA starts, your name and address will be added to the insolvency register. This is a register of everyone who is in an IVA or has been made bankrupt.
The register is a public document and can be easily accessed via the internet. As such, if someone you know wants to find out whether you are in an IVA, they will be able to do so by going to the register and carrying out a simple search on your name.
Understand what an IVA means for you
An individual voluntary arrangement can mean that you will be free of your unsecured debt after five years.
However using an IVA debt solution is a serious undertaking and before you start an IVA it is very important that you understand all of the implication for your personal circumstances.
In order to do this you should make sure you take advice from an experienced debt advisor who can explain exactly what an IVA will mean for you.
How to Avoid Stock Trading Mistakes
How to Avoid Stock Trading Mistakes Nothing is impossible these days. Technology is working for our good, for our convenience, safety and curiosity. Thanks a lot to emergence of the internet, nothing seems impossible to find. Surfing is as easy as ABC provided you have the keywords on hand;
the search engine is always there as an indispensable internet tool. Nowadays, we can now search, surf and scan for any kind of information even personal ones. The idea of how to find people by phone number is some kind of detective work that you may need to undergo within reasons. Be it some scammers, or a prank caller, a business contact, distant relatives or someone that is a reminiscence of your past, just with a landline phone number or cell phone number, with internet access, voila! You can now track down the person's details quite easily. How to harness the power of international web within a flick of your finger is an amazing adventure. You have a lot to gain about information you seek regarding one's person's identity from his landline phone number or from his cellular number.
the search engine is always there as an indispensable internet tool. Nowadays, we can now search, surf and scan for any kind of information even personal ones. The idea of how to find people by phone number is some kind of detective work that you may need to undergo within reasons. Be it some scammers, or a prank caller, a business contact, distant relatives or someone that is a reminiscence of your past, just with a landline phone number or cell phone number, with internet access, voila! You can now track down the person's details quite easily. How to harness the power of international web within a flick of your finger is an amazing adventure. You have a lot to gain about information you seek regarding one's person's identity from his landline phone number or from his cellular number.
A telephone directory normally contains contact numbers for the names of people, business entities and other groups, and how to find people by phone number appears to be not that easy thing to do. Because of this need, the emergence of reverse directories came to exist through various service providers in the internet. They have the list but in opposite manner, names against number which is just exactly what you need when you look on people by phone numbers. The list of reverse landline numbers is separated from the list of numbers. If you want to avail of the free service, you may do so but be ready to receive just the basic. Many people felt awkwardly cheated when they found out that free reverse lookup with name is simply a phony because a lot of websites advertise a free reverse lookup service to some extent, but no one really offers it. Its main reason is that cell numbers are not made public by phone companies for identity security of their subscribers. However, that doesn't necessarily mean that you cannot ever trace a particular cell number owner's identity. You may of course, but you cannot get it for free. This is business, and there are lots in the net that provide reverse lookup services, and they also pay a price to acquire those lists from private records.
After all the information cited in this article, you are now equipped with the knowledge on how to find people by phone number. As earlier stated, reverse lookup free is not really available for free. You will have to spend a minimum amount (via credit card payment) for tracing names out of cell numbers in search, but landline numbers (listed with the owner's consent) are all the more provided free, but with limited information, otherwise you will have to pay as well for the additional detail.
Finally, choose a reliable kind of service provider which are too plenty in the net. Be sure it can able to organize qualitative and quantitative people-related information from vast online and offline sources. They must virtually locate and present a coherent, integrated and easy to follow format of public data through a revolutionary people finder in the best fastest way.
After all the information cited in this article, you are now equipped with the knowledge on how to find people by phone number. As earlier stated, reverse lookup free is not really available for free. You will have to spend a minimum amount (via credit card payment) for tracing names out of cell numbers in search, but landline numbers (listed with the owner's consent) are all the more provided free, but with limited information, otherwise you will have to pay as well for the additional detail.
Finally, choose a reliable kind of service provider which are too plenty in the net. Be sure it can able to organize qualitative and quantitative people-related information from vast online and offline sources. They must virtually locate and present a coherent, integrated and easy to follow format of public data through a revolutionary people finder in the best fastest way.
Subscribe to:
Posts (Atom)