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Business, Headline »

Why it’s an Expensive Mistake Not to Have a Debt Recovery Service

Debt recovery is a very important and possibly crippling branch of credit management, that a company should take note of, should the company wish to survive long and prosper in today’s market. Every single company, big or small, needs money to start and money to stay afloat in the field. Without money, the business lacks the resources to work as efficiently as it should, as the money would be required to pay for the resources. That notwithstanding, many companies have issues with their financials as a result of the debt …

Business, Headline »

Destined for Digital Why More Businesses Are Transitioning to Virtual Offices

Indonesia’s vibrant culture, comprised of a multi-lingual population, is teeming with opportunities to engage with your inner entrepreneur. While you might find tackling local laws and permits challenging, finding office space is no longer an issue. With virtual office solutions, you can find reasonable office space that allows your business to grow.
In fact, for many savvy entrepreneurs, the days of making the daily trek to the office have long passed, as more and more businesses are taking advantage of office leasing that allows them to work remotely. More than just …

Headline, Personal Finance »

Tips on Buying Home Appliances

If you have your own house then at one point you’ll have to buy at one or two home appliances, be it a cooker, a refrigerator or even an electric kettle. The good things is that they are now several players in the home appliance market giving you a wide range of choices to choose from.
On the other hand, having too many brands presents a dilemma to you as the consumer since, for most of the time, it seems that is only the manufacturer’s logo that sets these appliances apart …

Headline, Trading »

Online Trading: The Risks and Rewards

Recent studies show that six out of every ten US households has a securities investment. In part, this is thanks to the evolution of the internet and the ease of connecting online. Today’s traders are choosing to leverage their talents within the digital domain. If you’re considering a foray into this potentially lucrative sector, it’s wise to be cautious. Adopt an objective viewpoint to better appreciate the benefits and pitfalls. Let’s look at some of the risks and rewards of this lifestyle. That way, you’ll stay one step ahead of …

Credit, Headline »

Making Contact With a Debtor

Collecting debts can be a tricky business. However, the following are some key areas to consider when making contact with a debtor:
– Some basic definitions
– Basic tenets of contact
– Purposes of contact
Key Definitions
Debtor
The term ‘debtor’ includes an alleged debtor, and the term ‘debt’ includes an alleged debt. The term ‘debt collector’ includes creditors, independent collection agencies, collections departments within businesses, debt purchasers, assignees, agents, lawyers, government bodies engaged in trade or commerce, and other persons3 collecting on behalf of others.
Contact
‘Contact’ with the debtor or other person is interpreted widely. It …

Business, Headline »

Warning: How Cash Flow Problems Can Sink A Profitable Business

One business phenomenon that always baffles the public is hearing about how a well-run, successful company can go bankrupt. The most common explanation is something that accountants understand only too well.
It’s called a cashflow problem.
A business can run into financial trouble when its bills arrive ahead of the money it expects from its customers. A company can’t stay in business if it doesn’t have the money to pay its workers, cover its rent, keep the lights on, or manage its other overheads. The money necessary to operate the business just …

Business, Headline »

Four Areas of Your Business That You Have to Invest in

As a business owner, it is important that you are managing your finances wisely. Every time you spend money, you need to make sure that you are going to see a return on your investment. Otherwise, you run the risk of driving your company into debt. While there are some areas of your business that should not be taking up too much of your finances, there are also areas that need to be supported as much as possible. Below are four examples that will help you to ensure your funds …

Headline, Personal Finance »

Use Online Gaming Safely With These 5 Simple Steps

Gambling online can become a real problem if you don’t know what you’re doing. As it’s so easy to place a £100 bet at an online casino, here are 5 steps that you should follow to ensure that you are gambling safely and responsibly. With the right mindset and discipline, there are ways to enjoy gambling online.
Make sure you can trust the website
Any website that takes your money could be a scam. This kind of scepticism is healthy and knowing this is the case is vital for any kind of …