Selling Your Business Properly

Selling a company can make the current owner of that company rich. In many cases, a company is sold for two or more times the amount that it makes in a single year or two years. If your business made $1 million in the past year, it could be sold for as much as $2 million or $4 million if it is sold for double the amount of two year's worth of earnings.

Get Your Information Together

The first step to selling a company is to make sure that you have all the information needed to make a pitch to a buyer. This means that you need to have sales information, projected profit or loss for the year as well as information regarding all current debt that the new buyer would have to take on. In addition, information about any fixed assets that the company has should be revealed to potential buyers as this could increase the value of the business.
 
Selling Your Business Properly

Asset Deal or Stock Deal?

If your company is going to be purchased, it is a good idea to know how the deal is going to be structured. In the event that your company is going to be sold as a stock deal, you need to make sure that you are lowering your tax burden as much as possible. Typically, a long-term investment is taxed at no more than 15 percent if sold 12 months or longer after it is purchased.

Will You Stay on as an Employee?

Will you be offered a position within the company, and would you want to stay within the company if offered a position? It is not uncommon to see a former business owner accept a position as a top executive within the company because that person has knowledge or connections to the community that have value after the company is sold.

Be Patient During the Process

The sales process can take months or years depending on the complexity of it. Therefore, it is critical that you are patient throughout the process and take all steps to ensure that is completed correctly. Otherwise, there could be tax or regulatory issues that could kill the transaction.

High Risk Merchant Account Processing

A high risk merchant account is a needed item for every business that has been deemed too risky for a traditional processor to represent. The credit card processing technology that is offered by these companies allows small businesses to increase sales when their customers use credit cards and debit cards. The technology changes the way businesses operate, and the technology brings in customers who do not carry cash.

The Software

The software for merchant accounts can be installed on every computer or every workstation. The registers in the building can carry the credit card processing software, and the computers in the office can use the same technology. The software is compatible with all machines, and the business will not have to change its operating protocol.
High Risk Merchant Account Processing
The Hardware

The hardware that accompanies these accounts will make the checkout process faster. A terminal for processing credit cards can sit right next to a register so employees can swipe the cards quickly. The terminal communicates with the credit card company, but it uses the same software as the computers to sync information for accounting and inventory purposes.

Online

This processing technology also works well online. The software can be used to allow customers to use credit cards to pay on a website. The payments pass through the system as if the customers were in the store, and the payments happen immediately as if they were made in the store.

Service

The merchant account provider gives the business service for every unit and every terminal. The hardware in the building can be repaired, serviced or replaced at the request of the business owner, and the client will not have to go without their processing equipment.

High risk credit card processing makes it simple for businesses to offer credit and debit card options to their customers. The customers will see the sticker for credit card acceptance in the window, and they are more likely to enter the store as a result. A business that wants to increase sales needs to consider what they can do when they are offering new payment options to their customers.

More on Fibonacci Numbers

Most Forex traders are familiar with Fibonacci numbers and their use in Forex pricing. But Fibonacci is actually one of the most famous names in mathematics and his number sequences have been around for quite a while.
 
More on Fibonacci Numbers

So who is Fibonacci? While the name, Leonard Fibonacci, has been credited as the developer of this mathematical accomplishment, his real name was Leonardo Pisano. Leonardo Pisano was born late in the twelfth century in Pisa, Italy (Pisano in Italian indicated that he was from Pisa). His father was a merchant by the name of Guglielmo Bonaccio and it's because of this name that Leonardo Pisano became known as Fibonacci. When scholars centuries later were studying the hand written copies of Liber Abaci, published before printing was invented, they misinterpreted part of the title – "filius Bonacci" meaning "son of Bonaccio" – as his surname, and the name Fibonacci was born.
Fibonacci Numbers

The famous sequence – 0, 1, 1, 2, 3, 5, 8, 13, for which he has been immortalized was actually not what he set out to realize. Rather, he considered something else his greatest mathematical achievement, i.e. helping to popularize our modern number system in the Latin-speaking world.

The Roman numeral system  used by the Roman Empire was not displaced until the mid-13th Century AD, and Leonardo Pisano's book, Liber Abaci (which means "The Book of Calculations"), was one of the first Western books to describe their eventual replacement.

Rabbits

The impact of Fibonacci's book at the beginning of the spread of decimal numbers was a great mathematical feat. But Fibonacci is better remembered for a certain sequence of numbers that appeared as an example in Liber Abaci. And this began with an experiment involving rabbits and how fast they could breed. He took a newly-born pair of rabbits, one male, one female, and at the end of one month they mated.  Assuming the rabbits never died and that the female always produced one new pair (one male, one female) every month from the second month on, how many pairs would there be in one year?

And here’s how he got to his famous sequence:

At the end of the first month, they mate, but there was still only 1 pair.

At the end of the second month the female produced a new pair, so now there were 2 pairs of rabbits.

At the end of the third month, the original female produced a second pair, making 3 pairs in all.

By the end of the fourth month, the original female had produced yet another new pair and the female born two months before produced her first pair also, making a total of 5 pairs.

Now imagine that there are   pairs of rabbits after  months. The number of pairs in month n+1 will be  (in this problem, rabbits never die) plus the number of new pairs born. But new pairs are only born to pairs at least 1 month old, so there will be  new pairs. So we have  which is simply the rule for generating the Fibonacci numbers: add the last two to get the next. Following this through you'll find that after 12 months (or 1 year), there will be 233 pairs of rabbits.

Hence the famous mathematical sequence--0, 1, 1, 2, 3, 5, 8, 13,….and the Golden Rule which involves taking the ratio of two successive numbers in Fibonacci's series, dividing each by the number before it, and getting the following series of numbers:  1/1 = 1, 2/1 = 2, 3/2 = 1.5, 5/3 = 1.666..., 8/5 = 1.6, 13/8 = 1.625, 21/13 = 1.61538... Fibonacci’s  Golden Rule continues to be used in many spheres such as finance, biology, ecology and more.

Avoid Trading Risk With Cedar Finance

Cedar Finance is one of the most trustworthy broker there is and being controlled by the CySec (Cyprus Securities and Exchange Commission) only shows us that it’s secure and safe to invest your money with.

Trading has it risks, especially for those who lack experience in this domain and rather take this business as a gambling trick. Binary options are farm from gambling, it might require a hint of luck as any domain does but everything depends on how well you are informed.

Information is power and Cedar Finance knows this all too well, that is why there is a special domain on their web page called Traders Resources. There you can find titles such as Market News for all the daily updates and changes, Account types for those who wish to invest more or less, Islamic Trading Accounts, Asset index which is quite complete but more on that later, Expiry Rates for those who wish to see the evolution of an asset and of course the Glossary.

Avoid Trading Risk

The platform that Cedar Finance is offering is 100% web based which gives an incredible edge over the market because you can invest from anywhere using any computer without having to install any software. You simply log in using your account ID and Password which are protected using the latest encryption software.

There are two types of traders, beginners and experienced and Cedar Finance is suited for both. For the newbies there is a Trading Academy available where you can find titles such as: How to trade for the basics of basics, Trading Guide to make sure you know how the system works, Trading Videos where a financial expert will teach you step by step how to trade binary options, Traders Course for a deeper understanding of binary options, Webinars and ZOOM Magazine.

Depositing is easy and fast at Cedar Finance, you can deposit money via Credit Cards, e-wallets and Wire Transfer. The currency used is Euro, Pounds and Dollars, there is no fee when you deposit the minimum required amount and that is: 200 for e-wallet and credit cards and 500 for wire transfer (for a smaller amount you will have to pay a fee of 25). It must be mentioned that the maximum amount per transaction on credit cards is set at 5000 (USD, EUR, GBP).

The payout percentage system is balanced and with a good strategy can pay out incredible amounts. The percentage of payout can vary from 65% to 85% depending on the asset, method of trading and time. The assets available at Cedar Finance are as follow: 32 stocks, 9 commodities, 15 currency pairs and 27 indices.

Scamming isn’t possible at Cedar Finance, the platform is protected by top class SSL encryption. All sensitive information is protected and you are the only person who can access your account. It is very important to read the Terms and Conditions before trading, understanding how the broker works will help you avoid any problems which some customers get into by own fault and the accuse the company of fraud.

Steps Towards A Good Budget Plan

If you are drowning in financial problems and want to save yourself from the situation, then you must look for a tight budget. However, if you are in a situation where you are proceeding towards debts but not completely into it, then you can consider various precautionary measures to ensure your financial health. One such measure is the formulation of a budget.

It is very essential for you to know how to formulate a budget in order for the budget to be effective. Some steps that you can follow in order to formulate a good budget are as follows.

1) List what you earn: 

The first step that you must follow in order to formulate a budget is that you are to list your income. This list should contain a record of all your income. Not only your salary but also all the sources of alternative earnings that you have must be listed. The budget that you make should be a very dependable document so you must not put in income that you earn occasionally. For those fluctuating earnings you can take an average amount.
 
Steps Towards A Good Budget Plan

2) Add up all your expenses:

You are to add all your expenses while making your budget. Expenses comprise of fixed as well as variable expenses. Fixed expenses are those that you will have to spend on every month such as food, clothes, rent, etc. On the other hand variable expenses are those that are not fixed every month and sometimes can be cut down on. Both these categories of expenses have to be put in while calculating your total expenses.

3) Make a calculation of the net income:

Your net income is the amount that is left behind after you subtract the total expenditure from the total income. This is the amount of money that you have in order to pay your debts. This amount will usually be a positive quantity and you will have to decide on how to allocate this amount towards your debts. However, in case the amount is a negative quantity, then you will have to try and cut down on your expenses in order to get financial help. This is to be done with both your fixed and variable expenses. You are also to try and increase your income if you can. This will ensure that you save enough to pay off your debts even after you are done with your monthly expenses.

4) Keep track of what you spend:

It is essential that you keep proper track of what you are spending and where you are spending it. You must update even the smallest of expenditures that you incur in the right categories. This is essential so that you can figure out clearly where you have spent your money.

These are a few things that you can do in order to set up a budget for yourself which will further help you in getting financially secured life.