Is Your Engineering Business Stuck In A Cash-Flow Crisis?

Engineering business plant owners can find themselves stuck when trying to grow their business due to the continuous rising prices of purchasing the equipment they need to satisfy the workload pressure. Like most business owners, you can easily get caught in the middle between supply and demand. You want to increase your client numbers but have no way of being able to keep up with requirements due to the lack of equipment or old or faulty machinery.

You can increase the affordability of the new equipment you need, including any of the newer specialist machinery by obtaining the proper finance most suited to your needs. This not only allows you to expand your business at a speed you control, it also allows you to keep on top of your budget AND ahead of the competition.

To maximise the benefits of this approach, it is important to plan ahead and ensure you make the best possible use of your resources so that you can develop your business in a sustainable way. Build your business without the hefty bills you face when you buy upfront. No matter what size of business you are in to begin with, this option means that you offer more services to clients, so that you can expand your business.

Imagine being able to bring in everything you need from up to the minute manufacturing equipment, tool making equipment and other engineering machinery – you’ll be much more competitive and be able to reach a wider segment of the market.

Don’t just stop at the idea of gaining finance for the equipment you need. One of the most attractive options for financing equipment is renting the machinery you require. Either way, there are attractive tax deductions or other tax advantages available, so it is worthwhile seeking advice from our experts to ensure you are getting the maximum benefits available if you decide to lease or purchase new equipment through us.

Depending upon how you structure your finance and whether you look at renting, you’ll also find that there are some very flexible options available. You may be able to rent and then purchase the equipment you need, or alternatively, you may be able to rent with options for upgrading. This could mean significantly less cost to you in the long run, with periodical upgrading of equipment and with the rental firm removing and disposing of any equipment that is no longer useful for your business. With these options available, your business will be more competitive and you’ll be able to provide up to the minute services and solutions that your customers demand.

Finding a reputable lender will also allow you to structure a finance package that addresses your particular business needs. Engineering equipment is a costly but necessary expense for growing your business but using finance to access the latest equipment and technology will help you to increase your competitiveness, build a successful business and remain more flexible in response to market changes and demands.

Why Entertainment Companies Gravitate to Social Networking

The groups that gravitate to social networking for business success are usually the businesses that deal with entertainment. In fact, if the client has the right amount of fame, then it is very easy to build up a client base. However, most entertainment companies love to use social media because their product fits right into the platform. Social media is mostly about entertainment and there are no better experts at entertainment than those who work in the industry.

Word of mouth is the driving force of a lot of businesses. This is especially true in the entertainment business. Entertainment relies on this form of marketing once the original push of advertisements has run their course. Entertainment relies on the strength of the product to drive higher revenues and more viewership. This, of course, can be greatly enhanced by the use of social media. Companies will pay people to talk about their products and they will spend money to give things away to get more people talking about their product on the social media platforms.

These businesses may also encourage their clients to use the social media systems themselves. This is because the actors and actresses in the entertainment business generate fans who want to hear more from their favorite actress or actor. The ability of the client to use the social media platform gives the movie further advertising. This is all pluses for an entertainment company that looks to grab whatever advertising it can especially when it is cheap advertising (or free in this case).

These businesses may also petition for new actresses or actors to work with them through the social media profiles. It is not unusual for an agent to try to convince a person to leave their current representation for another competitor through a direct message or social media post. This allows a company to gauge the interest of an actress or actor before they commit man-hours or money into swaying the mind of that prospective client.

Another underused resource that entertainment companies are good at using is the testing a movie’s trailer before releasing the movie. This lets the company know if they are spending their money in the right place before needing to spend the money. Market research is always important in any business. This is especially true when the amount of investment needed to make the asset can be over 4 million dollars.

In closing, most entertainment companies are on social media outlets. These outlets allow them to work quickly and find new prospects to work with on a daily basis. They can also see what is hot in the market and make plans to monetize those trends quickly. They also use their employees existing networks of fans and followers to advertise their products (movies).

Every business can learn a lot from the practices of entertainment companies. There are many uses far beyond what the normal businesses use them to do. A business could recruit new employees through the system, they could also test new products before allocating funds for those products, and they could also pitch their services or products there (this is a standard practice). Every business needs to look at the way entertainment businesses use social media and implement it into their own practices.

Investing In The Stock Market, No Finance Degree Needed

How do you know when it is time to move into a stock? Follow these simple facts and you will have your answer.

Always adapt a strategy and portfolio to fit the latest trends on Wall Street. Invest only in healthy, growing stocks and avoid companies that are seeing their sales and profits shrink.

Approaching stock picking is a lot like buying a car. When you buy a car, you look at the gas mileage, the warranty, the horsepower, the safety features, and a host of other options. The same rules apply to stock picking, you need to “look under the hood” to make sure that your investments are safe, reliable, and ready to perform.

There are 8 fundamentals that you should study when selecting stocks:

1) You should look to see if your stock has had it’s earnings estimates increased by analysts. This usually tips us off to a stock that is about to beat earnings. Positive earnings revisions are a good thing for sure.

2) And speaking of beating earnings, look for a stock that has been able to beat it’s earnings estimates and by how much. This is an important number to watch, because it often says Wall Street isn’t paying much attention to this stock yet or doesn’t yet “get.”

3) You should look for a company consistently growing it’s sales over time. Why you ask? Because this is one number that is hard to fake. Steer clear from companies that use questionable accounting practices. Sales growth is a solid indicator.

4) if a company is expanding operating margins, this will tell you if earnings are growing faster than sales. A company that is able to expand it’s operating margins is usually a company that has a dominate position in the industry. A company that can raise prices without seeing a drop off in sales is a wonderful thing to be able to do.

5) Can you say free cash flow? This says how much money a company has left over after paying the costs of its business. A strong cash flow is important because it allows a company to invest more resources in growing its business.

6) Earnings growth is the heart of all good financial analysis. As long as any company is able to grow its earnings consistently, the stock will do well.

7) And it is not enough to see a company’s earnings grow, you also want to see them grow rapidly!

8) The return on equity or ROE is the gold standard. ROE tells you how efficiently a company is managing its resources. You can’t interview every senior manager at a company, so the ROE is a report card for management.

Just like when you are out there doing your homework for your dream car, do your homework on how to pick your next stock and follow these 8 steps. You definitely don’t want a lemon in a car and I think it is fair to say that you don’t want a dud of a stock pick either. Both can and will hit you hard in the wallet.

What An Online Finance Degree Can Do For Your Future

Acquiring an online finance degree is one of the most flexible and lucrative option for becoming a professional. If you haven’t acquired your degree yet due to time constraints or other binding problems, taking an online course will give you the flexibility to balance your work or family life with gaining an education. Choosing just any degree would probably not be the best move, but choosing a finance degree is a safer bet than a degree in the humanities.

Flexibility is one of the greatest components of attaining a degree online. Unlike in high school, you’ll have the freedom to decide on your own time. Not only that, but there’s no longer any authority figures hovering over you, treating you as if some child. This will allow you to become more independent and become better at time management. It also allows the opportunity to still be socially active since you can plan around your social activities. Do you hang out with friends during the afternoon, maybe in the evening? You can easily create a schedule that will leave those time frames open.

With a finance degree so many options become open to you, from becoming a financial consultant to a manager. It’ll give you the skills and knowledge that will help you excel in your chosen career after graduation. Not only that, but this is one field that can withstand a recession; a recession may even boost job opportunities. With so many financial woes that require financing and consultation during a recession, there should be plenty of job opportunities. Gaining an online finance degree will allow you to acquire those jobs.

Gaining knowledge in finance will not only help you acquire clients or land a job, it will allow you to better evaluate your own finances. The practical skills you gain through an online degree, along with involvement with your professors, you’ll be capable of better understanding the financial market and how to use it to your advantage. This will also empower you in ways you may not have imagined. In this society, despite how horrible it may be, those lacking a degree have fewer options and are less regarded as their degree-holding counterparts. By gaining a degree, online or not, you gain more power to use the current social system to your advantage.

Of course, an online degree is no easy getaway. There will be work assigned, texts to read, and exams to take. But let me ask you this, is that really any harder than the problems you’ve dealt with in life? For those who are currently working a minimum wage job, perhaps even two, those hours spent on studying probably wont compare to the feelings of tiredness you’ll feel after finishing a job. Assignments probably wont be as hectic as handling a family. There’s so many other barriers that you have already overcome, gaining a degree shouldn’t be seen as any more difficult to overcome. At the end of your school work load, after you finally gain that finance degree, all those efforts in studying will be sure to show. You’ll be able to get a higher paying job, spend less hours working, and in effect, more time doing what you want.

For those who are already have a career, but wish to change, getting an online finance degree is a great option for maintaining your current job while learning a new field. Taking an online course, especially due to its flexibility, will take a lesser toll on your work. You’ll still be able to maintain the same hours of work which means no negative impact on your pay. Getting this degree also means that you’ll have time to create a safety net for yourself so that when you try and establish yourself in the field, you’re less likely to become stressed out.

For many who are unsatisfied with your work environment or earnings, a degree in finances is a great solution. By attaining this degree, you have a variety of jobs to choose. For instance, by becoming a financial consultant, you’ll be able to choose your own clients and determine your own environment. Not only that, but there’s a lot of money to be made in this field. So no matter whether this degree will be your first or if you just want to change career paths, attaining a degree in finances is one of the best options available. This is especially the case for those who can’t disregard their current obligations and are in great need of flexibility.

Exhilarating Ideas for Home Decor – Because Each Home Has A Story To Tell!

“I’m a designer who loves to decorate the home with utmost simplicity yet to display the grandeur; I take charge of the things in my life as well as in the home, showcasing my timeless love for perfection,” say most women. Decorating your home the way you like only increases your affinity towards the things that you’ve chosen, thus creating a more personal touch to the interior.

“Home Decor is nothing but a method of alchemy, to mutate the generic, the quotidian, or just plain unworkable into- Something more beautiful, something rarer and something that’s more usable!”

To establish a beautiful interior it is important to choose the right home pieces, things that will not only accentuate the existing but will also add an entirely new look to the home. Remember, each home has a story to tell and your home decor pieces do that for you.

Here are the home decor pieces that add a charismatic look to the interior-

1. Lamps & Lanterns – Add fervor to your home and life by introducing an exciting range of lamps and lanterns, a symbol light, optimism and of course ethereal beauty. Here’s what you can buy -

Candle Stands – Prepare your home for a beautiful night with a marvelous collection of candles and candle stands, a unique home decor item, chosen by a few who love to embellish their home with masterpieces.

Lamps – To complement the urban and rural touch, a lamp is all you need to add to your list of decor pieces for your home. Buy traditional lamps and bring them in symphony with the contemporary look of the home.

2. Wall Decor – To create decorative and pleasing walls it is important that you choose the right wall decor pieces, each casting its unique look and importance in the room. Here’s what you can buy -

Photo Frames – Your life is full of heartwarming memories, and each picture that speaks of those memories deserves to be displayed in an absolute photo frame.

Wall Hangings – As beautiful as the name, the wall hangings are not only used to hang you keys and clothes, but also to add a somewhat appealing look to the mundane walls of the home.

3. Decor Seating – Giving your guests a generic yet pleasing place to settle down definitely wins a lot of compliments for you, and the adequate decor seating is exactly what it takes. Here are the options for you -

Stools – Traditional as they sound, stools are a perfect decor item for homes that want to stick to the generic touch or even for homes that like to blend the old and the new.

Ottomans & Pouffes – Adding colorful ottomans & pouffes in your home will certainly add a majestic touch to your interior because these colorful units add brightness and sparkle to the empty home.

4. Antiques – Antiques are always pleasing, taking you down the memory lane and helping you memorize all those beautiful days that you’ve lived. Here’s something that might please you a bit -

Magazine Racks – Buy antique magazine racks for your age old collection of magazines, and every time you pull out a magazine from the rack, you’ll think of the many ways this rack has simplified your life.

Figurines – Add a classy ambiance to the room with a few figurines, each exaggerating the look of your house, decked for almost any occasion.

5. Antique Furniture – As I said earlier, antiques make you remember the old, and if it’s all about fond remembrances, then what can be better than adding antique furniture pieces to your home decor list.

Antique Table & Antique Chairs – For the undocked look in the house, it is best that you add a few antique chairs and a table to your list of home decor pieces. These antiques create a striking look at the house with a lot of ease, thus creating a sophisticated yet ethereal look in the room. It is recommended that you choose the right antique chairs and an antique table for your living room for the fabulous look.

Adding one of more of these decor units mentioned above will indeed add a charming look to your home, thus developing a more positive outlook in your life, simply because each unit has a story to tell. So bring out the designer within you and buy these units to make the house look like “Home”.

5 Ways To Make Your Business Work Harder for You and Your Family

Many business owners are working so hard at their business that they fail to enjoy the rewards of being the business owner. If you are letting the life of your business overrule the business of living your life, then it is time to begin turning the tides.

Finding ways to make your business work harder for you and your family is the reason we all started our businesses in the first place. If your business is obstructing your efforts to enjoy life with friends and family, this is a problem. We all know a lot of work goes into building a successful business, but if it is consuming all your time, effort and energy… is it worth it?

Why this coordination is important:

Every time you find new ways to help your family benefit from the efforts of your business, your life balance and family life improves.

If your business consumes your entire life and your family life suffers because of it, your spouse and children may actually resent the time that you spend there. Even if it provides a great deal of income, the value of family and social life may be sacrificed.

Make your business help you, your family and your social life. You will be happier, healthier and live a longer more rewarding life.

5 Ways To Consider:

Consider paying children’s education expenses as wages for work

Many small business owners make a good living and have higher than average incomes. This can cause their family to qualify for little to no college financial aid when their children are ready to attend college.

If you are going to have to pay for it anyway, why not pay your children to help out at your small business. Pay them as an employee, contractor or consultant to do work for you and your business.

If you pay them enough to cover their college costs, you will receive a tax deduction for the cost of their college education by deducting their income from your business. They will be responsible for helping out with your business and they may surprise you with how much value they add to the business. New ideas, new technology, a new and different viewpoint might be just what your business needs.

Schedule family vacations around business travel

When a family vacation is something you’re considering, think about coordinating it around a work trip. Do you need to go to conventions, trade shows, seminars or other training for work? If you drive to go to those business activities, your gas mileage is tax-deductible regardless of how many individuals you have in the car with you. Does this conference or training trip require you to stay in a hotel? Your hotel expenses for that night can also be deductible regardless of whether you have your family with you in the room.

Scheduling family vacations around business travel can help make it more manageable. This allows you to enjoy time with your family or friends while also working on your business. Consult with your spouse or family to coordinate the two.

Manage taxable income and year-end purchases to lower tax bracket

Operating and owning a business requires seeing the big picture and planning for the future. Your business will likely need new or updated equipment, computers, other technologies etc. to operate smoothly and efficiently. Be able to forecast these needs.

Here is where you coordinate your tax situation with these needs. If you know you are in need of new equipment, computers, etc. in the near future, look at your taxes. If you are looking at a higher tax bracket for the year you may want to make these necessary equipment purchases sooner than expected. Or you may want to wait until next year. This requires consulting with your business advisor to determine the best option.

Use Retirement Plans

Consider reducing your current income by using a Retirement Plan. Not only will this help you once again for tax purposes, but it’s also helping you and your families future. So many small business owners neglect to put retirement needs on their priority list. Often we hear “my business is my retirement plan.” Putting all of your eggs into one basket can be extremely risky and even dangerous for your future.

You may want to consider adjusting your salary in order to account for contributing to a retirement plan. There are many ways to rearrange things to make it possible to contribute. The tax savings alone can help justify the redirecting of your income into a retirement plan. Be sure to look at all of the different options and scenarios as this will provide further clarity.

Also if you choose to offer your employees a retirement plan, this will help attract quality employees, retain them and allow for an additional tax savings for any company match. You may even be able to take a few days off without worrying about the business functioning without you! Think of how that would allow you more family time. Consult with your financial advisor to clarify your options and the benefits to you, your business and your family.

Consider adding or using a home office arrangement

There are many benefits of utilizing a home office arrangement for you, your business and especially your family. If you’re currently renting or paying for office space it may be feasible to create or use an office space at home. With technology today, working out of the house has become much more functional.

If you’re solely stationed out of your home, this provides for another tax benefit. You are able to write off the portion of your mortgage that accounts for the square footage of your home office. Also any improvement expenses, internet expenses, utility expenses or taxes that are directly related to your home office may also be deductions. Finding ways to cut taxes is crucial for a small business owner.

If your line of work makes it unable to be based completely out of your house, even just working a day or two from home will allow you to spend more time around your family and add some flexibility to your work schedule.

Your Challenge:

Here are 5 ways to help your business work hard for you and your family. Share your ideas with your spouse, children and business advisers. In every case that we have executed these strategies properly, the rewards were three-fold. Family life improved, your work-life balance improved, and the business also benefited.

Natural Health-Body Detoxification: Is it Necessary?

Everyday, people are exposed to various toxins, which harm the body and cause serious diseases. These toxins can be internal toxins that are released in the body as a by-product of normal metabolic activity; or external toxins such as heavy metals (lead, aluminum etc), smoke, drugs (cocaine, steroids etc), food preservatives and additives, alcohol, chemicals, harmful organic compounds etc. The list is practically endless, which is why the process of body detoxification assumes vital proportions.

Body detoxification refers to the ability of the human body to rid itself of harmful toxins. The body performs the detoxification process through four main organs, which are:

The Kidneys
The Liver
The Skin
The Intestines

All toxins in your blood, whether internal or external, reach your liver before they reach any other part of the body. The liver then acts upon these toxins and removes them through the bile and kidneys. Some water soluble toxins may escape the liver detoxification, but these are then eliminated through the kidneys. Your skin too helps in the process of body detoxification by eliminating toxins through sweat and skin rashes.

Thus, the natural body detoxification process generally ensures that all the toxins are removed from the body. However, in recent times, natural body detoxification processes may not be very efficient in removing all the harmful toxins from the body, due to several reasons such as:

Sluggish detoxification enzymes in the body.
Presence of too many toxins in the modern world.
Poor nutrition and unhealthy diets.
Increased constipation.
Loss of equilibrium of bowel flora.
Presence of beta-glucuronidase, which is an enzyme that reverses the detoxification process, thus leading to an increase in the amounts of bodily toxins.

Due to all these factors, the natural process of body detoxification can take a severe beating, which is why it is essential to get body detoxification support. In order to optimize the body detoxification process, you may need to do several things including:

Go on a detoxification diet.
Take natural nutrients and antioxidants which support the liver detoxification process.
Undergo various therapies for colon detoxification.

By simply doing one thing and not doing the other, you will not be able to detoxify your body effectively. For best results regarding body detoxification, it is recommended that you seek professional help. A natural health expert will advise you about the best combination of body detoxification therapies, depending on your individual needs and interests. You will thus not need to rely on a single product which may or may not benefit you, but will have the finest resources at hand for optimum body detoxification and good health.

The Nuts and Bolts of a Business Plan

Do you need investors? Looking for a loan? Do you want to apply for a grant? Or has the time just come to do a self-analysis of your business? Are you expanding your business? Looking for new markets? Seeking the next level in your business? These are all times that you need a business plan? What are the nuts and bolds of a business plan?

All business plans have more or less the same sections some even have the same content.
However, when they arrive at the investor’s or lender’s table some remain where they are and others pass to the “I’ll read them later” pile or worse still the trash can! So how do you make your business plan readable and memorable for all the best reasons.

Let’s look at what really is at the heart of a business plan. A business plan is a methodology that defines and integrates the activities that are necessary for a business idea to become a company and provides expectations that prove it will be profitable. In other words, it is the hook to get an investor and tell them that your idea is innovative and will be very profitable. Note those two important words: innovative and profitable. No investor will be interested in a company that is not going to be profitable enough to give them their investment back plus a very healthy profit. Now the what could be an interesting word – innovative. For a company to be successful it must have something that is different to all the other companies working in the same market. After all if your company is going to be the same as all the others, they are hardly going to move over and let you take their customers. No, your company needs to have something different that will attract these customers away from what they buy all the time. So innovative in some way, be it products, business model or service.

Lets add another word that your need to prove within your business plan – viable. Your investor or lender wants to see that you company is going to be viable. If you do a Google search about the “Internet Bubble” of circa 1995 you will see that thousands of investors invested and lent to new fangled internet companies that promised to make them millions of dollars in easy profits. Memories are long and now investors look to see that new companies are going to be viable for the for seeable future so that they continue to receive an income stream and have a good chance of getting their loan or investment back.

Your business plan should be a communication tool selling an original idea that serves to attract and convince people that you have the ability to implement the plan by establishing and managing the company.

At the beginning we highlighted other reasons for business planning. In addition to raising funds, your business plan is also the best tool for you to assess the viability of your business.

So that is the NUTS of a business plan, lets look at the BOLTS that hold it together:

Professional: Internally it should be well structured with an index, page numbers, headings and bulleted paragraphs that explain complex matter. Plenty of graphics break up the boredom of too many words. Externally it should be expertly bound and have a colorful and attractive cover page. It stands to reason that full company details and contact information should also be on the front cover.

Tempting. Written in a way that encourages the reader to assess the possibilities of entering the business. Take care of the writing style, be concise but not brief and certainly not so wordy that tiredness beckons. Keep to the point, zwoding extraneous information that does not support your business planning or business model. Avoid jargon and if you must use initials ensure that the first example is spelt out completely with the initials in brackets afterwards.

Dynamic. You have to be creative, but with some restraint. It is best if you tell a story but not one that is found in the fiction section of a library. If the business you propose does not invite big flourishes, save them. It can be counterproductive to distract the reader. Creativity is important as long as you highlight something about the business and is there to keep the attention of the reader. Creativity must only be used to paint a picture of how the business will operate in the future.

Accurate. Clarity is fundamental, but so is accuracy and truthfulness about the current state of your company and its future aims. A little bit of license is offered by the reader but they do expect you to be truthful about your figures, customer numbers and state of the production of your goods.

Ordered. Guide your reader through your business plan and put supporting documentation within the appendix of the report. Although the key information should be in the main sections of the report, in the appendices you can include secondary data, market study results, resumes of professionals and any letters from recommendation or favorable report.