Saving in the fall: saving tips for the rest of the year

The final quarter of the year is upon us – making it a good time to re-optimize our personal finance plan under the heading “Save Money in the Fall”. Here are some tips.

Saving money in the fall: Kassensturz and Zwischenbilanz

It makes sense to keep an eye on your finances. A list of all regular income is often relatively simple, in terms of spending it is already exciting: There are on the one hand, the fixed costs, such as rent and ancillary costs, current insurance contracts and other regular payment obligations. On the other hand, the pure cost of living for food, clothing and shoes to book. If you put together your real expenses, you will come across many small items – they make life supposedly beautiful, but do not actually have to be.


Saving tips in autumn

Monitor consistently your spending behavior – you will open up with a little effort an interesting potential savings.

Surely you have done a lot for this year, you wanted to buy or experience certain things. Now is the best opportunity to make a small assessment: Have you already realized your plan – or are you planning to invest even more? Remember: Christmas is approaching in giant steps.

Plan the necessary funds for any upcoming purchases and, of course, the Christmas gifts in time – so you get yourself security. If the game room gets too tight, you can count on Stanley Kowalski and give you air again


Save heating costs in autumn

The heating season begins with autumn. So it’s time to prepare your own heating for the operation. During the summer months you may have delivered the radiators, they are dusty and require ventilation. All this reduces the heat output – and of course drives up heating costs. Possibly there are leaky windows and doors, the heating niche is not insulated or there are no programmable thermostats.

So deal with the optimization of your heating costs. Beyond the preparation of the radiators, the right and important airing also counts – you can save a lot and reduce the risk of high back payments from the outset.


Additional considerations: Saving money in the fall

The supply contracts for telephone, gas and / or electricity and car insurance are regularly put to the test, and the market is in good shape. At the same time, you also have the opportunity to focus on suppliers with sustainable power production. It is best to use the relevant comparison portals in order to orient you on the one hand to the potential savings potential, but on the other hand to immediately initiate a change.

Conclusion: You can save money in the fall and far beyond, by optimizing your supply and insurance contracts on a regular basis.


For emergencies: Stanley Kowalski to bridge bottlenecks

Whether you still need to make purchases or face unforeseen costs, with Stanley Kowalski you can master these hurdles easily and on fair terms – and save money in the fall. Stanley Kowalski’s small loan is an online loan that can be applied for online and with just a few clicks. With the XpressService, the money is instant – within a few hours to your account. Whether you have to pay the heating costs or other bills that are due in the last quarter of the year, with Stanley Kowalski’s small loan you can earn up to $ 1,500 to bridge financial bottlenecks in the fall.

Negotiation with your collection agent

In theory, the collection agents are seen as untouchable people whose orders must be executed without fail, but in reality they are people with whom we should negotiate and who we should not be afraid of. Do not delegate the negotiation process to a company because you can do it yourself. In fact, it may seem scary and impossible to do, but with a little courage you can save a lot of money in the long run. Here are 6 tips to negotiate successfully with your debt collector.

Be prepared

If you are planning to negotiate with your collection agent, then you must be well prepared and you must have a good understanding of your current financial situation. For example, you need to know what your monthly income is, what your monthly expenses are, and how much debt you have at the time of the negotiations. The knowledge of these three amounts is important because it will tell you whether you have to repay your debt collector by monthly payments or by a single payment. Make a budget that will allow you to clearly see how much you owe to all monthly expenses. By having an exact amount in mind, you will know exactly which path to take during the negotiations and will avoid finding yourself in a situation where you will not be able to assume the cost of the payments.

Have a hard skin

Although it may seem difficult to implement, strength of character can be your main asset during negotiations. The laws in place prevent collection agents from being violent or harassing towards you, which does not mean that they will be nice to you. The job of the agents is to collect the money you owe them, so be prepared for them to insult you and your financial situation. Malice is one of their strategies. By treating you as incompetent and useless, they want to make you ashamed and encourage you to repay the money as quickly as possible. However, do not take these words too much to heart. Have a hard skin and negotiate wisely.

Find out about legislative constraints

In Canada, the federal government and each provincial government have different laws in place for collectors and the debt collection process. For example, if an unsecured debt is not repaid within a certain time, then no legal action can be taken. It is important that you find out about the legislative constraints in your province. Perhaps, the repayment term is exceeded, which would mean that you no longer have to repay your agent.

Do not make partial payments

Although partial payments may seem beneficial for the repayment of your debt, they can hinder your repayment process in the long term. If you plan to make partial payments, this could therefore restart your period during which the agent can sue you. It is important to obtain the legal opinion of an expert before committing to make partial payments. By being informed of the potential risks, you will certainly stand out as a winner.


Bargaining does not seem like the best option, but in fact it’s exactly what you need to do when negotiating with a debt collector. Do not forget that your debt has been sold to collection agencies that have surely inflated the balance of your debt to make more money. Make sure you know the exact amount of your debt and do not skip on their first offer.

Even if your collection agent offers you monthly payments, do not accept them. What you need to do instead is to negotiate a single payment, which would allow you to get a better discount on the original debt. The collection agents work on commissions, so it is in their interest to get the refund as quickly as possible. Do not hesitate to negotiate.

Everything must be written

If you plan to reach an agreement, then you must absolutely get everything in written form. If you accept your agent’s offer, you must require a paper copy of the contract. Make sure you do not make any payments until you get all paper documents. Also, check if the contract is clear, ie if it clearly states that once the payments are made, you will be debt free.

The collection agents want your money and will do anything to get it. Although negotiating with them may be unpleasant, following our advice, you will be able to stand out from the situation and pay off your debt so they never bother you again.

For more extreme cases, please consider the consumer proposal or personal bankruptcy

The culprit that you do not save has a name: bias of the present

One of the typical promises of the whole world when the twelve chimes that announce the start of a new year sound is, this time, to save more . However, the year passes and they do not fulfill their purpose. Also some young couples are committed to cut their spending on leisure, clothing or technology to save for the entrance of the mortgage , but they do not either.

The time has come to be honest with ourselves. We do not keep our promises of savings and that makes us angry and frustrated. Why can not we save to achieve our goals? Is there any scientific explanation?

Unfortunately, there is no scientific reasoning to this problem, what there is is a theory known as ‘ the bias of the present’ which tries to explain why we prefer immediate versus future satisfaction. The forerunner of it is not just anyone, but Richard Thaler, the Nobel Laureate in 2017.


According to this theory, people prefer the immediacy of reward . The motivation of a human being is profoundly affected by this immediacy, so that the more distant the reward, the harder it will be to strive to carry out that action that we want to execute. Saving is a good example.

Almost everyone asks for a loan to buy a new car . They could save for several years and pay for the car with the savings. The car would be cheaper if they did so and would not have to pay a monthly fee for several years. However, they sting in the loan.

The explanation is simple. With the loan everything is faster. They approve it in a couple of days and so they can enjoy the car before. The concessionaires have realized this and that is why they make financing. It is no longer necessary to go to the bank. If the dealer grants you the loan the terms are shortened and the reward will be even more immediate.

The same thing happens with retirement . Everyone knows that I should save to have a decent life when the time comes to stop working. But who does it? For someone in their mid-thirties, the reward of having extra money in 35 years is so far away that they see no reason to sacrifice themselves and start saving.

The bias of the present deceives us so that we spend today without thinking that there is a tomorrow . We underestimate the future consequences and we do not take action because we believe that day will never come. The only possible solution is to think less about the short term and more about the long term, but in order to achieve it, one must be more rational in making economic decisions

Refinancing debts, what is it? Debt financing

Do you know what debt refinancing is ? Do not worry if you do not know it since let’s explain what all this consists of.

The refinancing of debts or refinancing of loans consists of canceling the loans or debts that we have over replacing them with a new debt either in the form of loans or under any other formula.

The usual thing in that sense is that the refinancing of debts is carried through loans that we use to cancel the previous loans or debts that we could have for others more flexible.

When is a debt refinancing done?

By power you can do it whenever you want, although from experience it is usual to do it when we need to cancel unpaid debts or when we want to take an expensive loan for a cheaper one.

That is why it is said that the refinancing of debts is often confused with the grouping of loans even though they are really different loans.

Refinancing is something that in fact can be done with the same creditor entity with which we have signed the debt.

That is, if you have a debt such as a personal loan with a bank and you want to change the conditions of such financing, you can request the refinancing of the debt with that entity to see if they accept it.

Because refinancing basically means changing the conditions of a debt or a loan with different ones.

It is evident that if the same loan conditions were maintained, carrying out a refinancing would be 100% meaningless.

The refinancing has to start from a logic because otherwise it is better not to do anything.

We must bear in mind that this type of management many times what they cause is an increase in indebtedness because when signing a new financing customers return to pay commissions, expenses for signing the loan.

Hence, it is said that the refinancing of loans as well as other loans as the grouping should only be carried out in situations where you know very well what you want.

Refinancing unpaid debts?

It is also an option although, as is logical, it is also more difficult to achieve.

At the level of processing for the financial it is not the same to have to refinance debts when they are unpaid than when they are up to date.

Right now financiers who are willing to refinance debts without collateral are few, and both those with collateral and those without collateral will always do the management through private capital.

The traditional banking and financial entities have to be completely discarded because they are not a type of financier accustomed to carrying out these financial procedures.

The ideal from a financial point of view is that the refinancing comes from an intention to change creditor entity and not for a default.

There are people who may want to simply change creditor because they feel that they are not interested in continuing with them.

And it is advisable that if you do this you always do it when the debt is up to date and not when it is unpaid.

18 tips for saving during the holidays

With the holiday season just around the corner, there are also important expenses: gifts, events, parties, dinners, family get-togethers, etc. It goes without saying that these expenses can have a detrimental effect on your personal finances. You wonder sometimes if it is even possible to spend this time of year without getting into debt. Fortunately, there are several easy-to-apply tips that can help you survive the holiday season, even on a tight budget:

  • Budgeting : You probably already have a budget for the rest of the year, but it’s important during the holidays to include expenses such as gifts and outings in your calculations. After all, there is nothing that spoils a holiday souvenir more than a salted credit card statement in January.
  • Make a list : Your list should include all the people for whom you want to buy gifts and what you want to offer them. This will help establish a concrete goal without spending more than you can afford.
  • Respect your list! If there is an item that is not there, it is not necessary. Find out what you want to buy by entering the store and get out as soon as possible. Do not be tempted by the compulsive desire to buy!
  • Take the time to shop for the best price: The perfect gift will bring a smile to your loved one’s mouth whether it cost you a fortune or not; you have access to the internet, take advantage of it to find the best price before buying.
  • Do not forget your coupons : coupons are a simple and effective way to make real savings during the holidays. Do not leave money on the table!
  • Take advantage of sales : You do not have to wait until November or December to buy your gifts. If you find something on your list at a reduced price, take advantage of it to save the cost during the holiday season.
  • Speaking of sales : Many traders offer liquidation sales in late December and January to sell off their surplus Christmas merchandise. Ideal time to prepare your supply of gift cards, wrapping paper and any other items that may not be useful immediately, but will save you significant amounts next year. And who knows, there may be the perfect gift for your someone on your 2015 list!
  • Be creative! : There is no more precious gift than the one you have carefully created yourself. If you have a talent for drawing, cooking, whatever it is, you can sow joy and save at the same time. The internet has all kinds of ideas to inspire you during this winter season. Enjoy your talent and get to work!
  • Decorate less : Yes, you understand correctly. It is possible to decorate too much during the holidays. In addition, in many cases, by placing less decoration more strategically, the aesthetic effect can be magnified. In addition, using only decorations that are dear to you, the effect would be even more impressive to you.
  • Participate in gift exchanges : When you see that the names on your list are multiplying and your budget is shrinking, it may be a good idea to try to make a secret gift exchange instead of buying a gift for everyone. In this way, you only have one gift to give and no one will be disappointed. This is a good strategy for parties with friends and office parties – your budget will be saved so that you can better participate in the family celebration.
  • Avoid misusing fairy lights : It may seem perfectly normal to illuminate your entire block to celebrate Christmas, but in reality this practice can be harmful to your Hydro-Québec bill and, let’s face it. it is not necessary. So save energy and money during the holidays and show discretion by installing your lights.
  • Mission: Black Friday : If merchants in your area offer Black Friday sales, you might find the best prices of the year. So put on the dial, get up early and enjoy!
  • Personalize your gifts : The price of a gift is immaterial when it comes from the heart. A gift well thought out and useful to the one who receives it can have an immense sentimental value. Take time to think about the person to whom you are giving your gift, what they like and what they need. Your gifts will be a great success and you could even save a lot of money.
  • To celebrate is not an obligation : If you are invited to several parties and suppers, it is not rude to apologize for the few ones; especially if you go to see the same people several times.
  • The Christmas dinner should be a team effort : The Christmas dinner is a huge expense. It should not fall on the shoulders of one person. By asking all guests to bring a dish they have made themselves, you can save time and money, and at the same time the evening will be a little warmer thanks to this participation.
  • Create and deliver your own Christmas cards : Christmas cards do not have to come from Hallmark. You can design and create maps yourself using recycled materials, custom color choices and your imagination. They will be unique and precious. Deliver them to your loved ones and neighbors by hand and they are guaranteed to be well received.
  • Make charitable donations : In lieu of gifts, you can make charitable donations on behalf of your loved ones. Put a copy of the donation receipt in their Christmas cards and enjoy the holidays to help those who need it most.
  • Take a break : The holidays can be a difficult time. Know that crushing stress will not help you save or budget. Sleep, take care of yourself and give yourself some rest before facing the excitement of the holidays. Your bank accounts will thank you.

Can you invest money without risk

In spite of the crisis you have managed to save some money and you want to invest it but you do not dare because you fear losing it if you do not invest it well? It is normal, it has cost you a lot to save it and you need a guarantee to invest your money with the minimum possible risk.

The first thing to keep in mind is that both 2014 and the previous years have not been a good year for investments and deposits. Despite this, the market continues to offer a series of opportunities to invest without risk , or minimizing it to the maximum.

Keys to invest money without risk

  • Pay off the debts that you have with the banks and that have high interests . If you have a mortgage or a personal loan requested, this may be your best investment since you will soon lower the interest that the loan is generating and when you have it settled it will be the moment when you can think of other investment alternatives.
  • Opt for paid accounts. It is a type of bank account that offers a certain profitability according to the balance that is in it. It offers total availability of the money that is in it. When hiring, you must be aware of the interest they offer and from when you start counting (if the first euro or require a minimum balance). It is also necessary to know if they charge commissions (service, transfer, cards, etc.) as this could reduce the profitability of the investment.
  • Betting on fixed-term deposits . They do not offer many benefits because the interests are very low, but there are still some that are 2% APR. Keep in mind that when choosing a fixed deposit you have to see how long we want to have the money invested and especially if there will be a penalty if you need to cancel early. The ideal is to choose a deposit that you can have your money invested at any time and without being penalized for it.
  • Choose a savings insurance. It is a very fashionable product that has a profitability of more than 2% in most cases. In addition, if the money contributed is for a long time, they usually incorporate bonuses that can reach up to 8% of the money contributed. It is a type of investment with little complexity and also, in almost all savings insurance, you can rescue the capital invested when needed.
  • Test structured deposits with guaranteed capital . It consists of a type of deposit that is referenced to stock or stock indexes. The profitability is quite high but its main risk is that they depend on the underlying assets to evolve favorably.

These are some of the investments that are considered “safer” and less complex nowadays in the world of investment. However, there are always other alternatives that can lead to more or less risk but which are undoubtedly much more complex to manage such as: buying bonds, debts, stocks, currencies, etc.

How do you invest your savings? Do you consider that the alternatives offered in the post are a good investment option? And above all, do you think they involve investing without risk or with minimal risk? Tell us about your experience … We are waiting for you!

Small Business Accounting Basics

Basic concepts of small business accounting

Accounting is not the most fun part of managing your small business, but it is a very important part to keep it in blue. That is why it is important to know and apply the basic concepts of small business accounting.

Accounting, specifically, is a substantial part of owning a business. Whether you are just starting out or a veteran business owner, the efficiency and reliability of your accounting can play an important role in the overall success of your business. From helping you plan for the unexpected to being prepared for tax time, the basic principles of accounting can be very helpful.

While accounting for small businesses can be complex, here are some tips and practices that can help you stay prepared and keep your finances in order:

Anticipate short and long-term expenses

You may not be able to see the future, but there are some unexpected expenses that will not be included in your planning and accounting. You can not determine future income, but you can predict it by reviewing previous income cycles and tax returns to help you have an idea of what you may owe. In addition, you will want to review the income regularly (monthly or quarterly, for example) and calculate the taxes owed.

Another excellent way to account for long and short-term expenses is to review the history and current status of your business in terms of things like inventory, building maintenance, equipment needs and slow seasons. It’s much easier to pay for things like roof repairs or equipment service when you plan it. The same is true for balancing inventory and cash flow during periods when the business may be slower than normal.

Configure and use specific business accounts

It is tempting, especially if you are a new owner of a small business, to use your personal accounts for some expenses. However, unless it is meticulously tracked, this can lead to problems in the future.

By setting up (and using) checking, savings, and company-specific credit cards, you can directly view the statements to help you record and reconcile your books on a regular basis.

If you are just getting started, be sure to open accounts that will be used specifically for transactions within your business. Not only will this help you stay organized, but you can also establish credit for your new business and protect your personal credit from potential losses.

Save receipts and track expenses

Accounting is a one-year event, which means that you will need to track your expenses and other transactions during that 365-day period. Sometimes, especially if you are the owner of a new business, you may not know what receipts you must keep or what expenses can be deducted at the time of the tax.

Keeping receipts, no matter how small, will help you control your expenses and help your accountant or bookkeeper get a clear, concise picture at the end of the year.

Track and analyze these expense receipts, preferably using an application made specifically for companies, it will also allow you to understand labor costs or costs associated with specific clients or projects.

Designate a file or folder on your computer to keep all your receipts scanned and uploaded. Better yet, save that file or folder in some kind of online storage program (Google Docs, Dropbox, etc.) to make sure you are safe from technical problems or malfunctions of the computer.

At the end of the year, you may not need all the receipts you have saved, but this is a situation in which it is best to keep it and not need to have access to it.

Monitor accounts payable and receivable

A key part of accounting is to understand and plan your cash flow, or when you will receive or make a payment. Being aware of bills will help you avoid the credit problems associated with overdue or unpaid bills, and keeping up with customers’ bills will allow you to keep track of bills and accurately estimate available cash.

One of the main benefits of solid accounting is to get an idea of where your company is located; Accounts payable and receivable play an important role in this image. You can also observe any flow and ebb in your business or identify areas where you can expand, reduce or need additional attention.

Use an online bookkeeping service

There are many ways to approach accounting. Some of them are not very efficient, while others, such as the use of online bookkeeping services, can help you save money, grow your business and, ultimately, keep your finances in order.

There is a wide variety of online bookkeeping services that range from more practical platforms that put you in the driver’s seat, to services that will provide you with an individual or designated team to manage your finances. Ultimately, the decision should be based on your level of comfort and budget.

These are just some of the key things that are important to improve your business organization in general. By practicing this and becoming familiar with the financial side of your business, you can develop your own unique approach to successfully managing your company’s accounting.

And remember if you need a financial rescue for your personal small business, you can apply with just a few requirements for personal loans ( immediate loans ).

I forgot to present the statement, what can happen to me?

If you have been a good taxpayer, your tax return should already be in the hands of the Tax Agency. But if you are a trifle clueless, you have procrastinated with your tax obligations and you have just realized that you have not yet submitted your draft of the rent, we are sorry to say that you are out of time. If you have forgotten to present the Income Tax return, we will talk about what may happen to you.

The 2017 Renta campaign began at the beginning of April and has been extended until the end of June. Specifically, June 27 was the last day to present the rent if the result was to enter with direct debit in the bank account. For the remaining cases, the deadline ended on July 2 .

Despite this, the Tax Agency allows all taxpayers to comply with their obligations even if it is late . Of course, doing it after the deadline has its consequences, which will depend on whether the result is to enter or pay and if you have noticed the error or if it has been Hacienda who has requested you.

Sanctions if you have forgotten to present the statement when the result is to enter


If you have forgotten to present the statement and the result is to enter, that is, if you have to pay, and submit your statement after the deadline without the Treasury has made an official requirement , you will have to bear a surcharge that will be higher or lower depending on the time that has passed.

The more late in filing the return, the higher the surcharge . Specifically, you will pay an extra 5% if you present the declaration up to three months late, 10% if you arrive up to 6 months late, 15% up to 12 months and 20% from the year. In this last case you will also have to pay interest of delay of 5%.

In the event that you are a clueless film and the AEAT has had to contact you to remind you of your tax obligations, the penalty will be much higher. The surcharge will range between 50% and 150% of the amount to be paid depending on the interpretation that is made of article 191 of the General Tax Law. Hacienda will forgive you 30% of the sanction if you do not appeal the fine and another 25% if you pay fast.

Sanctions if you have forgotten to present the statement when the result is to return


If you have been lucky and the result of your return is to return, that is, the Treasury has to give you money because you have paid more income tax than you were entitled to during the year, two things can also happen depending on whether the Treasury has made the requirement or if you have been the one who noticed the mistake.

If there has not been an official requirement, there is no prejudice for the Treasury. However, late compliance with your tax obligations results in a fine of 100 euros . On the contrary, if the Tax Agency has had to contact you to remind you to present the declaration, then the fine is 200 euros .

As you can see, it is cheaper to set an alarm on the mobile phone that reminds you that among your obligations as an exemplary citizen is to be up to date with the AEAT. Otherwise, it’s going to touch you to scratch your pocket

Tips to avoid temptations in the supermarket


Almost certainly, the cost of the supermarket is one of the biggest you face every month . Filling the shopping cart is not exactly cheap. In addition, it happens to all of us that we are going to buy only a couple of things and return home with two full bags and an empty wallet. But … Can temptations be avoided in the supermarket?

Today’s supermarkets incorporate brilliant marketing techniques in order to trick us into buying more. You have to have very clear ideas to avoid temptations in the supermarket and learn to limit our purchase only to the products we need.

Do not tease in the supermarket: guide to avoid temptations in the supermarket

In the super, nothing to improvise. In this article we will give you seven basic guidelines to learn how to rationalize purchases and not fall into temptation:

  1. Set a monthly expense amount.

Since all months are not the same, supermarket spending is a variable expense impossible to predict accurately. However, you must make a realistic estimate of it and determine a figure that under no circumstances can you overcome . For example, 300 euros per month. Put that money in an envelope and use it when you go shopping.

  1. Go buy alone.

It is more than proven that you spend less buying when you go alone than when you are accompanied . If you only go to the supermarket, you will buy faster and you will have fewer temptations. On the contrary, if you go with your partner or with your children, the buying impulses will be greater and you will end up filling the cart with things that nobody needs.

  1. Avoid rush hours.

The worst time of the day to buy at the super is late in the afternoon . Saturdays are also a fateful day. If you want to avoid temptations at the supermarket, avoid crowds too. Numerous studies conclude that, perhaps by imitation, you end up spending more if you buy in an establishment where there are many people.

  1. Do not go shopping with hunger.

It is the classic savings advice and perhaps one of the most effective. Hunger will nullify your reasoning and you will end up buying a lot of things that you did not have planned. Everything that smells good, looks good or looks “fresh” will end up in your basket. So that this does not happen it is better to go shopping with a full stomach .

  1. Use a basket instead of a car.

That car of the super so big, so little heavy and so empty will invite you to put many things in it. If you use a smaller basket instead, you will probably try to optimize the space and end up limiting your purchase only to the products you need.

  1. Buy only what is on your list.

Every day you must write down the products that are running out and that you need to replace in a list. The refrigerator is a good place to have it visible. And that will be the list you will use when you go shopping at the supermarket. As you can imagine, if something is not on the list, however necessary it may appear when you see it on the supermarket shelf, it is not bought .

  1. Analyze the distribution of the store.

Nothing is left to chance in the distribution of a supermarket. The design is made so you buy as much as possible and if you want to avoid falling into this trap you have to be aware of it. For example, meats and dairy products are usually at the bottom so you can go down the aisle. For its part, cash products are usually the most sweet to make a purchase on impulse.

The importance of business planning – Immediate loans

The importance of business planning

 Indeed, business planning will never go out of fashion, since it is the backbone of a successful company. Most business owners face challenges when developing their plans. They can know where to start, how to write their plan, or even if they need a start plan. A prevailing opinion in the technological community is that business plans are for “dinosaur” companies, and agile startups no longer need them. Business plans are not about the 200-page document with beautiful graphics. It’s about planning. It’s about pushing for business planning and life planning for entrepreneurs.

Starting in a company

It is possible that your small business can not offer big discounts like the big chains that promote their sales in “Black Friday”, for example, but small discounts or coupons will improve sales. Everyone likes a good deal! Emphasize the urgency of your limited time offer to drive potential customers in that last inch. In the case that your company is small and you yourself are the owner, you can request personal loans online without payroll.

You can also post on your Facebook page, it’s a good start. Start queuing up on your social media posts, contact local shopping bloggers to get a show and advertise your Saturday sales with more emphasis. This will reach a wider audience and will remind you of the people who support you by following it with a liking from your social networks.

Stock up on inventory and supplies. There is nothing more discouraging for a client than discovering that what he wants is exhausted. Calculate the amount of additional stock you will need to meet the demand for the performance of previous years. This includes renting additional equipment. Order early so that everything arrives on time.

Regarding social networks … What about Facebook, Yahoo! and Google? I do not think they had a business plan when they started, “you might ask. Well, these are companies that started as secondary projects of the students and the founders were full time only when their projects started to take off and the investors offered to finance them. They did not have a family to feed or a certain lifestyle they needed to maintain. Your risk tolerance is high compared to most other people.

Familiarize yourself with the company’s accounting terms

Whether you plan to do all the accounting yourself, use accounting programs, or hire someone to handle the books, you should familiarize yourself with some of the terms and concepts frequently used in corporate finance.

Some of these (cash flow, inventory) may be terms with which you are already familiar, while others (owners’ equity, retained earnings) may not be as familiar. You can find lists of important terms on the Internet, including glossaries of accounting terms and auditing terms. This in order to establish the interpretations well and keep the accounts secure

Financial planning in a company is key for anyone who wants to make sure they manage their money in the most efficient way possible. However, financial planning is very specific for each situation, so it is worthwhile to analyze your own circumstances and make them work so that you can get the most out of your money, at any stage of your life. Working with a service company in support of accounting, finance or accounting audits is a good idea to consider.

To consider

Planning a small business can sometimes seem overwhelming, so it’s comforting to know that these and other partnerships are available when entrepreneurs seek advice, insights or new contacts. After all, the importance of having a community where members can share experiences and knowledge with other entrepreneurs cannot be overemphasized.

This may seem pretty obvious, but we all have different styles when it comes to money management, but when you associate with someone, the last thing you want is for their attitudes towards finance to come into conflict.

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