Adding Programming to My Mobile Plan

I have had AT&T for nearly a dozen years. I knew that they had recently merged with Directv, but I had never researched adding that service to my package. I had cable from a local company, and I was happy enough with them. However, once I received a letter stating they were raising my prices by nearly 20 dollars a month, I knew it was time to look for other options. I looked here and there on the internet because I wanted to find the best deal. That is what is so great about finding entertainment nowadays.

When I first moved here, cable was really my only option unless I wanted to go with a satellite company. I liked the offer given to me by the local company because they were on an aggressive campaign to win customers from the satellite TV companies. Nowadays though, it seems people are streaming programs more than watching them as they air. That is not good news for the cable companies, but it is great news for us consumers.… READ MORE ...

Obtaining a Business Line of Credit

When you are deciding whether or not your company needs a business line of credit, the first thing you should determine is how much your business can safely borrow. In order to do this, you should review your cash flow analysis to see the amount of principal that can be repaid on an ongoing basis if it is required by your lending institution.

In some cases, a principal repayment does not need to be made on a monthly basis as it relates to your business line of credit. Instead, at the end of the credit facility, the outstanding principal balance is converted into a loan and regular payments of interest are made.

However, this methodology is becoming somewhat antiquated as banks are taking fewer risks when it comes to the extension of credit. Now, you will most likely be required to immediately repay any outstanding balance once the term of the credit line is complete.

When you are obtaining a business line of credit, you are going to need to have a business plan that showcases to the financial institution that your company can handle a specific amount of debt. Your banker is going to be most interested in your balance sheet as well as your cash flow analysis.

Prior to visiting a financial institution, you should work with your certified public accountant to determine the metrics that will be used by the bank when they are considering your business line of credit request. Additionally, your accountant and business adviser can assist you in putting together the credit request application that you will need when you are discussing your capital needs.

One of the most important things that you should discuss in your credit application and your business plan is how you intend to use these funds. This is one of the most crucial factors as the bank is going to want to see that a good portion of your line of credit it for tangible asset purchases. A smaller portion of the facility can be geared towards working capital purposes or for ongoing inventory needs.

In closing, obtaining a business line of credit is a difficult process that will require a full examination of your business as well as your personal financial situation. You are always going to be required to provide a substantial personal guarantee, including your primary residence and vehicles, as it relates to undertaking this type of debt. As such, and with any business decision, you should carefully review the benefits and risks that are associated with using a business line of credit.… READ MORE ...

Capital, Skills, and Personal Interest – A Perfect Recipe for a Business

One quotes says, ‘the road to success begins with a failure!’ That is true indeed. Hardships, failure, troubles, are all there, but the one who has the courage and desire to confront those hardships is the one who reaches the top eventually. Starting a business is not easy at all, but is not very difficult either. All you need is to gather in some capital, your skill set, and most importantly, your personal interest. Bang! You’ve got your own business!

Feed with Capital

It is said that communication is the lifeblood of an organization. Applying it in business, it won’t be wrong saying that capital is the lifeblood of a business. It is important to raise a myth regarding capital investment. It is a common assumption that a business can only be started with load and loads of money, or else it would remain no more than a mere business plan on a piece of paper.

To be very frank, this is not true at all. The business world is bursting with hundreds and thousands of entrepreneurs who have actually started their businesses with minimal capital and predominantly from their own homes. A few most prominent examples are Apple Computer, Mary Kay Cosmetics, Hershey’s, and the Ford Motor Company. Isn’t that surprising? Indeed it is! Who knew these giants were small home based businesses a time ago.

A few sources of capital investment are:

  • Personal Investment
  • Angel Investors
  • Venture Capitalists

Skills, the Foundation Stone of Expertise

Most of the times, the dream that people have while starting a new business is to be an expert of a particular business sector they are about to hit. It goes without saying that this is the kind of dream one should have. There is nothing wrong dreaming high, setting bigger goals, or being too ambitious; the only requirement is to couple it with the required resources.

Skills, it is believed, are the most important resource one can have. Skills turn into expertise with the passage of time; as it is said that coal turns into a diamond over a thousand years. Even the very basic skill set may transform into industry expertise, provided it is backed by hard and smart work, and one’s willingness to come up with masterpieces every time.

It is advised to always go for the business line that your skills match with. There is a fine line between what you want to be, and what you can be. Therefore, it’s never too late to figure that out. There are chances that you may end up doing nothing when you jump into a business line that is not meant for you.

Lack of Interest and it is Doomed to Failure

When your interest becomes your work, it actually becomes your passion. So it’s important to start a business that you have lots of interest in. Irrespective of the business sector, product, service, or ideas one deals with; one thing that makes business a success story is the personal … READ MORE ...

Tips To Help You Survive These Tough Economic Times

Most of us are feeling some sort of strain from the current economic situation, even those who are good with money. The loss of a job or a cut in pay to keep a job are both real events happening all around us. How are we to make “ends meet” with money so tight and not negatively impact our credit?

Tips To Help You Survive These Tough Economic Times

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There is no easy answer to that question. However, here are nine suggestions that may offer an option to your personal financial situation.

Look at your spending habits and determine what are real NEEDS vs. WANTS.

Reduce your spending to only needs, and learn to live within your new means.

Stop using your credit cards. If you can’t “part” with your credit cards, here is a suggestion: Take a plastic container, fill it with water and place your credit cards in the container. Place the container in the freezer, and let it freeze. This is putting a “freeze” to your credit card spending.

Create a weekly meal plan. Make a list of the foods that you will need for your food plan. When you go shopping, ONLY buy what is on the list.

Clip coupons. Did you know that the average household could save almost $100.00 a month by using coupons?

Stop eating out. Statistics show that we spend an average of 14% of our income on eating out. This can be in restaurants, vending machines, snack bars or fast food.

Avoid the temptation to spend money by avoiding the malls or stores just for entertainment. If you need something, make a list and take only enough money for the items you need.

Trim your “entertainment” expenses. Everyone has a hobby or something that they enjoy doing, but if it costs money and your budget is tight, you might need to suspend your hobby for the time being until your finances are stable once again.

Take a walk through your house and look at all of the things you don’t need or use anymore. Turn them into money that you can use now by having a yard sale or selling them on the internet via numerous free websites.

While these are all ways to help get your “financial feet” back on the ground by curbing spending, there are also suggestions on how to possibly bring extra income into your budget.

Do you have a talent or skill? Can you write resumes, decorate cakes, tutor students, create web designs, sew or do alterations, for example? There might be a possibility to create a little extra income with a talent or skill that you possess.

Do you have a little extra free time? There are always people looking for someone to do odd or routine jobs. Maybe it’s something like babysitting, running errands, checking on an elderly relative, fixing or moving things, dog or house sitting. All of these could provide you with a little additional income to help ease the stress and strain of your financial burden.

If you … READ MORE ...