Debt consolidation loans are more like politicians who make lot of grandiose promises but fail to deliver them when the time arrives. They promise lower monthly payments, lower interest rates and also the convenience of a single combine monthly payment. Although the pitch of lower monthly payments might seem to be great options to repay their soaring debt, but little do they know that the reality behind this is often high fees, potentially more interest payments and greater debt. Are you drowning in a sea of high interest debt and thinking of combining them through a debt consolidation loan? If answered yes, you should remember that when debt consolidation becomes something that tries to hide things, they should be avoided...Read More >
The work debts management programs are the one of very famous options of debt elimination, however that doesn’t essentially mean they’re best and great choice for the specific condition. Agencies which provide these debts plans are the CCCS and really they vary hugely in the quality. In this article, we will discuss advantages of the work debts plan. And when you truly contact the agency of credit counseling, they must first offer you with the counseling meeting in order to find out the situation of finance and, if really appropriate, recommend the DMP. And if you truly agree to register, they’ll attempt to stop the late charges and really negotiate low rates of interest with the creditors...Read More >
Drowning in debt has a bigger impact on your financial future which you might not realize until you face such dire financial straits. Moreover, when you owe bad debts, they haunt you and your credit report for years, especially when you don’t take immediate steps to deal with it. In all cases, the first step is knowing where you stand financially by taking out a copy of your credit report. Credit reports provide you with credit sores and breaks down information in your report to let you know the total amount of debt that you owe, the debt accounts where you’re paying high interest rates and many more. Getting help with debt is either possible on your own or through professional debt relief options but there are some who prefer seeking help of the legal options and some others try their be...Read More >
Unless you have substantial savings put away or someone else to support you, starting a business full-time is usually not the best way to go. Many of the women business owners featured in this book are still working part-time in their businesses. Others went full-time after their part-time business warranted it.
According to the SBA, millions of people work at home part-time. Many of them work for other companies, but the number that are working for themselves is increasing every year. Working
part-time in your business will give you time to learn how to run a business. You can take courses as needed or work in a similar business to get the experience and know-how you will need in your own...Read More >
Whether your business will be full- or part-time is, of course, a factor. Regardless of your choice, it is better to start small and grow with your business than to take on a full-size endeavour unless you are completely prepared to do so.
Careful planning will save you time in the long run. There are scores of books and motivational tapes that can help you manage your time. Here are some basic time-management tips:
* Keep a record of a week’s worth of day-to-day activities to see how many free hours you have a day.
4» Set your priorities. Family, business, and volunteer work should each have their place...Read More >
This is a good question to discuss with your attorney. He or she can tell you the advantages and disadvantages of a sole proprietorship (a business owned by one individual); and a partnership.
(a business owned by two or more persons).
Three out of four businesses are sole proprietorships. If you start
a business by yourself, you are the sole proprietor. You make all
the decisions; you decide which direction your business is to take;
and you get any related tax savings and, of course, all the profits.
In other words, it’s your “baby.”
As with a baby, though, a sole proprietorship is also the full responsibility of the parent (owner). You have to pay any business debts,, and anything you own can be subject to liquidation if you cannot pay the debts off...Read More >
1. A good accountant can be worth his or her weight in gold! He or she can show you how to set up a good bookkeeping system and keep vital records for tax purposes. Two women who run a party business have this to say about their accountant: “We send him our quarterly statements, and he tells us how much money we are making and if we should even be in business!”
2. A lawyer who specializes in small business matters is a valuable resource. He or she can legalize your business name (even though you can do this yourself) and can give counsel on steps to take to protect yourself and your business from possible lawsuits.
If you can only afford one hour of a lawyer’s time, take it. Even a brief appointment may help save you time and prevent future costly, legal mistakes...Read More >
Where will you work?
Where you work will depend on whether your service involves going to your customers’ homes or offices or their coming to you. With a cleaning business, for example, you (or your workers) will be going to clients’ homes; but if you have a tax or financial service where your customers come to you, you will need adequate parking spaces and a home office, preferably with a separate entrance (or one that can be shut off from your house so that your customers do not hear the cartoons your children are watching, or, worse, their squabbling!)
Your home office may be a corner, closet, room, or other space that can be used exclusively for your business. Pam Baker’s office is now in her dining room, but she has plans to remodel her garage into an office...Read More >
Four years ago, Pam Baker, a mother of two, quit her job as a bookkeeper. “I liked my job, but was tired of the looks I’d get from management if I missed work because one of my children was sick. Plus, after my expenses I was only clearing an extra $20 a week!” Pam decided to start her own bookkeeping service, which now grosses more than $28,000 a year. As busy as her business is, though, she still is able to arrange her business around her first priority—her family.
Pam is just one of the millions in the last decade who have begun home-based businesses. According to LINK Resources Corporation, a New York City-based research firm, 4.1 million women had home-based businesses. Further, the total number of full- and part-time home-based businesses should hit 24...Read More >
You should be practical if you truly lose the job and don’t have income to really make the payments on the bills. The creditors and lenders may work really with you, however they can’t aid you if you don’t reach to them, and you should explain the condition and truly offer to perform what you truly can. The creditors have whole departments make to handle the debts negotiations and settlement, since several clients are having the problems with making the ends meet. And you’re not truly alone in that condition. The creditors would get the partial payment than really have to eliminate the whole debts. They’re really want to settle the debt if client can’t reimburse full amount...Read More >