June 2017

3 Compliance Levels Business Owners Must Watch for Sustainable Growth

Running a compliant business will help you avoid litigations. You won’t have to worry about penalties and fines. You’ll protect your corporate veil and find it easier to access credit. This piece provides insight into three most important compliance levels for small businesses.

You should note that being complaint along these three compliance levels doesn’t necessarily guarantee that you won’t face some challenges in your business. Yet, being compliant will increase the odds of your business ship sailing smoothly.

Pay attention to Corporate Compliance

Corporate compliance generally refers to the activities and actions expected of your business as a corporate entity. Most small businesses are set up as LLCs. Hence, corporate compliance is a function of the actions that members and managers take.

An LLC must have filed articles of formation and paid filing fees. As part of corporate compliance, your business activities must remain within the scope outlined in your articles of formation. More so, you’ll be expected to pay taxes, annual report filing fees, and other fees for membership such as chambers of commerce to keep your business compliant in your state.

Top 5 Ways to Lower Your Car Insurance Bills

by Hank Coleman

The Four Of The Best Car Insurance Discounts

There are a lot of myths surrounding car insurance out there, from the color or sportiness of your car affecting your rates (or not) to the question of accidental coverage for instances when a driver other than the car’s owner is behind the wheel.

To avoid confusion, it’s important to rely on research conducted by credible companies and organizations, such as the big study from Insurance.com on the impact different tickets have on your car insurance rate.

Save with USAA Auto Insurance. Get a quote today!

How to Lower Your Car Insurance Premiums

If you want to decrease your auto insurance premiums, then don’t fall for unproven methods and myths in hopes of saving money. Instead, consider these tried-and-true ways for lowering your car insurance bills:

Increase Your Deductible

One of the most popular ways people try to lower their auto insurance premiums is the deductible. Increasing your deductible isn’t always the best approach – it might cost you more than it saved you in monthly payments if you’re involved in a serious accident – but for some people, it can definitely relieve the regular financial burden of insurance payments.

Recent survey findings suggest that raising your deductible from $250 to $500 could result in an average 7% reduction in your auto insurance premiums, while $250 to $1000 results in an average of 9% savings for American drivers in the survey. For drivers who increased their deductible from $500 to $2000 saved an average of 16% on their car insurance premiums. This could be a great way to save money if you’re a safe driver, but be sure to have emergency savings as a backup in case you need to pay the higher deductible later on.

LearnVest Review – Affordable Investing Advice and Budget Strategies

by Hank Coleman

Learning how to save money and plan your financial future shouldn’t require an expensive financial advisor to help get you started. This mentality is what convinced LearnVest founder Alexa von Tobel to drop out of Harvard Business School and start a financial services company dedicated to offering affordable advice and budget management strategies to everyday consumers.

LearnVest’s approach is simple: teach people how to budget and save money without charging them hundreds of dollars for that advice. LearnVest works with budgets for any income, and since the company was founded in 2009, hundreds of thousands of free and premium subscribers have benefited from LearnVest. LearnVest™ Official SiteGet a Personalized Financial Plan.Create Your Free Account Today!

Since you can start using their services for free (no risk involved), here are a few things to consider before signing up for LearnVest:

LearnVest’s Free App

As a free LearnVest member, you’ll get access to an online dashboard that you can also view from the free LearnVest app on your smartphone. The dashboard includes information such as linked bank and credit card accounts, loans, other debts, and a handy chart that tracks your spending levels.

These basic tools can work wonders in getting your financial records organized into one place and set up a personalized financial plan that could help you pay off debts more quickly and build your savings/investments by eliminating wasteful spending and finding new areas for you to reduce your ongoing expenses.

An Overview of Varooma Logbook Loans

by Guest Contributor

After doing all your research, you have decided to go the Logbook Loan route and get a loan against your motor vehicle. It’s a smart thing to do, as long as you are the proud owner of the vehicle and have all the documentation to go with it.

All the information you could possibly need, as long as you are in the UK, is on the Logbook Loans Varooma page on Logbook Calculator. We will make it even easier for you by putting together a summary of what you need to do.

What do you need to apply for a Logbook Loan?

Residency in the UK, Scotland or Wales.
A car that belongs to you.
Registration papers of the car.
Insurance documents relating to the car.
A valid ID.
Proof of income, via a pay slip or your latest bank statements.

How do you apply for the Logbook Loan?

Go online and fill out a form. If you do not want to go online, visit one of the Logbook Loan offices. Scan or hand over copies of all the necessary documents. Chat to the underwriter that Logbook Loans has assigned to your case. Ask him for progress.

What Are Some Reasons to Apply for an EIN?

by Guest Contributor

You most likely already have a social security number in your possession as it required for a variety of things throughout your life. However, if you’re a business owner or someone who has employees, you may need to consider applying for an employer identification number (EIN). How to Apply for an EIN The process to apply for an EIN is fairly simple, and there are many benefits to having an EIN separate from your personal social security number. Here are a few reasons you may want to consider getting your own EIN number for yourself. Reasons for Applying If you’re not sure you should apply for an EIN, here are a few reasons you should keep in mind for the … Read more

Never Execute Any Trade in the Choppy Market

by Guest Contributor

Forex market is extremely volatile. Many traders think this market as a moving market and place their trades without assessing the perfect market conditions. But when the market is in a choppy condition, it is something different.

Trading in a choppy market is like a suicide mission. There is a high chance of losing your money and even 100% of your account capital if you are not skilled and a master trader in Forex. Even the professional traders of Forex also avoid the choppy markets.

There are some good reasons behind why every trader try to avoid this market condition. We are going to discuss it with you why you should never trade in a choppy market. Not only it has the risk of cut down your profits, you can also lose your investment in Forex.

Never trade in a choppy market

This choppy market is very confusing for the buyers and sellers. In a choppy market, the price level of the currency pairs in Forex is always moving upward and downward. It is changing in every second but most of the time trade in the boxed region.

There is no way any trader can exit the market with a profit in his account due to the high frequency of false spike. In a market with high risks, not many traders think it as a good choice to trade their money. To be honest, traders who trade Forex professionally also do not place trades when the market condition is choppy.