Author Archives: Personal Finance

What are the Different Methodolgies for Business Valuation?

Business valuation and analysis

Banks, lenders and financial institutions all rely upon business appraisals to make important lending decisions. Business valuations can also be used by business owners for their strategic planning, to divide up or sell a business or in divorce and inheritance proceedings. Even so, business valuation is not and absolute, and the results of the exercise will depend upon the methodology used. The methodology itself is chosen with the purpose of the valuation in mind. Hence different techniques, like income, asset and market valuation all produce different kinds of data. Comparables valuation looks at value in comparison to other similar entities.

Choosing a methodology
Bu (more…)

28 Dec 2017

Using Cash and Coins Counting Machines at Retail Stores

Commercial coin counting machines

Running or managing in a business which sells products directly is challenging task, and in this day and age of online stores, companies that still sell at brick and mortar locations definitely have the same challenges that have always existed. Dealing with the maintenance and overhead costs of a brick and mortar store is in itself a tough responsibility, and if you add to that the requirement to keep perfect accounts and to manage all the cash money that is taken in on a daily basis, there is the prospect of quite a number of different problems and roadblocks. Fortunately, with the advent of technological innovations, life for those who run or manage brick and mortar stores have also become a lot easier, with targeted solutions that make retail cash management a relatively easier and more in (more…)

02 Nov 2017

Important Characteristics of an In Store Sign

Banner displays

Signs have been used for many years to increase sales and brand awareness. What makes a sign effective though? What type of information should be on a sign to encourage a sale? How much information is too much? Carefully planning and designing a sign is just as important as using store signage to attract a customer?s attention. These are some of the most important aspects of a successful store sign.

Sign location

The sign?s location needs to be in a well thought out place. If the sign is not easy to find, it will not serve its purpose. If the sign is covering the merchandise, its effectiveness is also reduced. Careful placement can draw the customer?s attention to the item, without overpowering the effect. Utilize different sign holders to display certain types of signs. For example, use (more…)

10 Aug 2017

Are You Looking for a Way to Make Cash Handling Responsibilities More Accurate?

Coin sorter and counter

Many businesses depend on accurate attention to making change and and ensuring the authenticity of paper currency and checks. And while the science of making accurate change seems to be a lost skill, many merchants rely on the foolproof method of using coin sorter counters and scanners for business as part of their improved retail enterprise management systems.
The decision to switch to coin sorter counter machines and other resources like counterfeit bill detector machines help businesses provide a successful environment for both employees and customers. A machine that uses technology to enable recycling coins can also provide many other benefits.
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08 Jun 2017

Do You Struggle to Teach Your Employees How to Count Money and Make Change?

Commercial coin counting machines

After years of struggling to teach your high school and college age employees how to make accurate change for the guests at your summer water park, you have finally found the secret: a coin sorter and counter machine!
The fact of the matter is fewer and fewer people have the necessary skills to make and count change. With an increasing number of people using a card swipe to pay for their purchases, however, it is often difficult to blame the ill prepared younger employees. In your business, at least, the majority of the guests who bring their entire families to spend a long day at the water park begin their visit with a card swipe to cover the admission cost.
After they enter the park, the payments at concession stands become a mix of card swipes and cash payments, though, and it has (more…)

04 Jun 2017

3 Important Questions to Ask Yourself About Payroll Processing Ability

Overtime pay for exempt employees

Is it better to outsource your payroll processing service or to keep it in house? This is a common question that many businesses come across at some point or another. As you grow your business and employee numbers, you are likely to find it more difficult to keep up with human resource and payroll processing tasks. It is important to regularly evaluate your financial and HR needs to ensure that you are making the best decision. If you are currently evaluating your need for outsourced payroll processing firm service, consider the following situations.

Are you keeping up with current payroll?
How are you or your in house team currently keeping up with the payroll services? Do you find it difficult to get them completed every paycheck time? Are your employee?s c (more…)

16 May 2017

New breakthroughs in counting and handling money

Currency counter machines

For as long as there has been an economy to consider, people have tried to figure out its future. After all, if you could know the future of your money, or money in general, there’s no limit to how much you could make. This isn’t entirely possible, of course, but it hasn’t stopped people from inventing all sorts of systems, equations and machines in order to predict the future of the economy or technology in general. We are just lucky because we are living in a time where many of those predicted advances in money technology are finally being created. From inventions as advanced as high quality scanners to methods that just make it easier when managing coins, there are so many innovative ways that money is being processed, handled and stored. What follows is nothing more or less than a short history (more…)

04 May 2017

Be Safe and Smart with Your Loans

Residential hard money lenders

Money is scarce nowadays so you have to be careful where and when you spend it. And, yes, sometimes you run into some hard times. Those are the times that hard money loans come in handy. You might need a boost to get you going and there’s nowhere else to turn. Well, when you need a hand, those loans are going to be there for you, with fair rates and fairer ideas behind them. What follows is a list of a few things you can finance or buy with a hard money loan and what you can expect when you do. By following these few tips, you can keep yourself financially solvent and rest easy in the comfort of the knowledge that your money is safe and well-invested. All it takes is the smallest bit of effort and awareness.

    Places to Live
    There are a couple places you can choo (more…)

18 Apr 2017

Are You Having Cash Management Problems at Your Small Business?

Cash management software

Retail cash management is big business.
As the cash management industry attempts improve their services to their customers, tools like money counting machines and electric cash counters attempt to provide clients with accuracy and protection. From determining if a check cheque is authentic to limiting access to coins and bills to avoid theft, these systems protect business owners, consumers, and employees. By providing phone support and expedited shipping, these check cheque verification services and retail management systems help business owners go about the job of providing goods and (more…)

13 Mar 2017

The Different Approach Hard Lenders Take to Real Estate Values

Hard money loans

Commercial real estate investing can be a great way to make money. For many people, the best way to make these investments is to talk to hard money lenders and get a different kind of loan. Hard money loans make it possible for some people to get access to the money they need to make the deals they want to make.

According to Reality Biz News, part of understanding private hard money lenders is understanding the way they view real estate values. There are a lot of ways to invest in real estate. Hard money lenders have working with investors for a long time. They provide loans when more traditional ones are not an option. Hard money loans are also looked to when the turnaround time needs to be short. When peo (more…)

17 Feb 2017