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Minimizing Construction Claims Can Significantly Reduce Financial Pressure
Summary: Legal claims are inconvenient to construction projects, but knowing your rights and responsibilities will help navigate the issue if it arises. Read below for two common claims and how they affect your project. When working on a project, any legal action is a big inconvenience. When working on a construction project, claims can create very large setbacks, which can lead to even more claims.... [Read more]
The Investment Approach to the Car Rental Agency
Summary: Investing in the car rental industry does indeed have its cons, but its pros definitely outweigh the negatives. Here’s why. It doesn’t take an expert to know that the car rental industry faces a wide array of misunderstandings and biases. Most investors have had some type of negative experience during their rental experience and have drawn similar judgments about the industry as a whole. Misconceptions Setting... [Read more]
The Importance of Transfer Speed
How quickly money can be transferred from one bank account to another is very important. For a business, transfer speed is how fast the money will be transferred after an item or labor service that has been completed. Small businesses especially, count on transfer speed because it is the main way the business can continue to run. The biggest problem for businesses is discovering how credit card processing... [Read more]
The Basics of Accepting Online Payments
One of the needs that will become more apparent as your business grows and scales is a payment processor allowing you to work online. Lots of small businesses who begin selling to a local base of customers eventually branch out to an online business. This brief guide will breakdown some important concepts to keep in mind as you look for a quality merchant service to work with. Payments Your customer... [Read more]
The growing philanthropy of Billionaire Len Blavatnik
Written by Access Industries The London-based billionaire Len Blavatnik has been funding scientific research as well as overall learning for years. Blavatnik who has made his billions by investing in the post-Soviet aluminum and energy companies has a current net worth of $15.7 billion. In addition, he is also the owner of various media properties such as the Warner Music Group. Blavatnik and his wife... [Read more]
Three Distinct Benefits to Using a Digital Wallet
Digital wallets offer a completely new take on paying for goods and services, and could soon become an ubiquitous part of life. These applications allow the secure transfer of money over a network, and through a mobile device. No more cards to carry, no more wallets to worry about. If you secure your device, your digital wallet will be available anywhere you can find a network connection. Here are... [Read more]
REIT Investments Explained
By Phin Upham If you’re new to investing, a term you might hear thrown around a lot is “REIT”, which stands for Real Estate Investment Trust. These companies hold income-producing real estate, and are a source for regular income. That’s because REITS typically pay most or all of their taxable income out to shareholders, who pay the taxes instead. REITs give individual investors an important... [Read more]
Practical Tips on Reducing Financial Risks to Your Business
When you are running a business of your own, there are always risks involved. The first thing that probably comes to mind is your cash flow. When you run out of money or credit, your business ceases to operate until you begin funding it again. Risk management is one of the most important elements of a startup business. This separates the great from the successful. When you are dealing with a limited... [Read more]
The Greek Depression: What Happened
By Phin Upham The Greek debt crisis is the most memorable of the crises to the hit the Eurozone beginning in 2009, but it was actually one of five crises at the time. Greece was struggling with fallout from the Great Recession in America, and weaknesses in the structure of the Greek economy contributed heavily to the decline of the country. Greece was introduced to the Eurozone in 1999, when a common... [Read more]
What is FinTech?
By Phin Upham FinTech, or financial technology, is the backbone of the financial system today and into the future. It’s a system of businesses, and in some cases literal networks, that provide a series of financial services to businesses and individuals. FinTech isn’t big banks, but big banks are very interested in this growing phenomenon. The world of FinTech is extremely fast-paced, with many... [Read more]