The 4 Must-Do’s for Home Recording and Setting Up a Studio for Your Business

Although business owners today are certainly expected to wear a number of hats, perhaps producer is one that trips many newbies up. Having a home studio is quickly becoming a must-do for modern entrepreneurs. Whether you’re dealing with audio or video equipment, the importance of studios are paramount for those looking to… • Record high-quality podcasts that people will actually want to listen to • Shooting and editing how-to’s, tutorial and other YouTube-style videos • Conducting calls and virtual meetings where having quality equipment is a major plus So, what…

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What Are the Real Effects of Employee Expense Fraud?

Employee expense fraud certainly isn’t a new concept. In fact, it’s become almost an ingrained part of the concept of the business world. You might hear or see people joking about skimming a little off the top regarding their expense reports but what CFOs and other corporate leaders need to realize is that there’s a lot more to it than meets the eye. There are real and highly damaging consequences that come with employee expense fraud, particularly if it appears it’s just an unspoken and accepted practice in a corporation.…

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Four Tips for Keeping Your Passwords Safe

One of the most important things you can do with regard to securing your data is to protect your passwords. Even if you use a different password for every account, they are quite easy to hack. Cyber criminals are experts at deciphering passwords. Often, people simply use a variation of each password. Why? Because it requires too much memory to recall eight vastly different passwords. That is, unless you use a tool for secure online password storage to ensure that no one can hack any of your passwords or your…

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4 Things to Know Before Hiring Your Real Estate Business’ First Employee

Owning your own real estate business is exciting, but like most businesses, it’s also a lot of work. Getting to the point where you feel like you need to start enlisting more help can be a pivotal moment in your business, if only you knew where to start. How do you know you need to hire someone? How to find that person? And what do you do to bring them on-board? These are all valid questions and important ones to understand before making the leap. Below are 4 things you…

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Three Ways To Make Money Renting Things You Already Own

As people find that their main sources of income are not covering all of their bills, they are turning to side gigs. From driving for Uber to freelance writing, side gigs have turned into big business. One of the most popular side gigs is renting things to other people. When people begin working on side gigs, they often find that they enjoy the work more than they do their traditional jobs. This results in people leaving their everyday jobs to turn their side gigs into their main gigs. Rent Your…

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How to Make Penny Stocks Work for You

When you think of penny stocks, you might think that they just aren’t worth the risk. How can you make money selling stocks worth pennies, right? Well, contrary to some critics, you can actually make a lot of money trading penny stocks. It really comes down to volatility. For example, a stock may jump from $0.09 to $5.00 in a matter of weeks. That is quite a jump. And, let’s be honest, many of us can use the additional income. Continue reading to learn how to make penny stocks work…

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Shares in Grenfell cladding maker sink

Shares in the company that made the cladding used on Grenfell Tower have fallen sharply in New York. Arconic, formerly known as Alcoa, fell more than 7% to $23.76 after the firm said it would stop selling Reynobond PE cladding for use in high-rises. A fire on 14 June killed dozens of residents of the west London tower. Arconic said in a statement it was the “right decision because of the inconsistency of building codes across the world”. The US firm supplied Reynobond PE cladding for use in Grenfell despite publicly warning…

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Business Financing Problems

A business needs positive cash flow to make payroll, cover monthly expenses, provide working capital, expand sales and ultimately grow. The more cash flow a company has over and above its expenses the healthier it will be. Most business financing problems occur when there is a lack of cash flow or when the business has taken on too much debt. Not Enough Cash Flow Cash flow is calculated by subtracting total expenses from total income. If the resulting number is positive, the company is turning a profit, and is considered to “be…

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How Do I Figure the Interest Rate on a Loan?

Most loans are advertised with a set interest rate, which can be fixed or variable over the lifetime of a loan. However, some loans are structured such that a fixed dollar amount is loaned at the beginning of the loan period, and another fixed dollar amount is due to service the loan at the end of that period. These loans can be compared with interest-based structures by calculating the interest rate that results in the amount due. 1. Divide the amount of the additional payment by the amount loaned to…

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How Will an Interest Rate Drop Affect Business & the Economy?

To better understand how interest rates affect business and the economy, think about them as a virtual way of putting money into and taking money out of your wallet. When interest rates are high, the cost of mortgage payments goes higher, the cost of financing a business increases, the cost of buying anything on credit increases and investors have high-interest bonds to invest their money at low risk. When interest rates are low, mortgage payments decline, businesses can afford to expand because the cost of their capital is low, consumers…

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