Tag Archives: invest

Where to Invest Your Time when You are Unemployed

Posted on by

The continuous struggle with the novel coronavirus has led to a higher surge in unemployment rates across the world. Since the emergence of the COVID-19 virus, a lot of people reportedly lost their jobs. This saddening situation gives rise to a whole lot of questions. One of them involves how and where to invest your time if you are unemployed. If you are unemployed, apart from searching for jobs online, you can also consider working online or from a remote destination. Depending on your skill sets, abilities, or qualifications, there are lots of online job opportunities and platforms that serve as income generating avenues.

There are also several activities you can indulge in to make money online. One of them is by engaging in online trading activities such as stock and options trading. Online trading platforms like option income system and many others claim that they can help people improve their knowledge of stock and options trading.

If you have entrepreneurial inclinations, your unemployment status might just be the right motivation for you to begin your drive towards financial autonomy. You can venture into an entrepreneurial activity like starting your own business. If you lack the right amount of capital or funds to begin, you can obtain a loan from the many financial companies that offer lending policies and options.

As an alternative to starting your own business,

you should also consider using a small portion of your savings or last payment to undertake a viable or profitable investment. There are a lot of financial companies that do not only grant loans but offer investment plans with favorable returns, depending on the level of investment. In choosing the right investment company, however, online financial companies review provide information on the diverse financial companies and the investment plans they proffer. This will help you make a well-informed decision.

In addition to the above, you can also apply the following tips:

Search for a Temporal Work

If you are still keen on looking for a job, don’t focus your job search on full-time employment opportunities alone. Actively search for temporal jobs you can do for the main time. With temporal jobs, you can carry out assignments or tasks on a contractual basis. This may mean working through agencies, staffing offices, or placement centers. Asides from the fact that you are kept busy, you also get to enjoy the flexibility that comes with working part-time, and that allows you to try out other business ventures and activities.

Exercise

Being unemployed not only enables you to search for a better job and business opportunity, but it also gives you the time to engage in other important activities like exercising. You can dedicate more time to exercising which ultimately helps you keep a good shape and stay healthy.

Volunteer

Volunteering is another interesting and rewarding way to spend your time if you are unemployed. Apart from the fact that it keeps your mind and body busy, it also helps to improve your work …

Read more

How to Impress Your Investors With Your Business Plan

Posted on by

At your first meeting with potential investors, you’re going to dazzle them with your passion for your new business. The best way to do that is to write a succinct but detailed business plan. Even though you’ve been working on this document for months, you’ve probably missed a few crucial aspects of your business. Spend some time now working out these issues and adding them to your plan.

Supply Costs

A major part of your business plan is spelling out how much you need to buy so that your investors understand why you’re asking for so much money. You’ve already included major purchases such as premises, large machines, and specialized equipment. However, don’t forget about smaller purchases such as RF power dividers. Without them, you can’t get your business started, so be sure to leave room for them in your proposed budget. As a bonus, your investors will be impressed at your attention to detail.

Business Hours

Unless you’re operating completely remotely, you need to set hours of operation for your company. You also need to stipulate how long your workers’ shifts are and when they will take the breaks that labor laws require. Be sure to leave time to set up and close your business.

Health Concerns

In the age of the novel coronavirus, you must devote a large portion of your business plan to your health protocols. Explain how you will enforce mask-wearing, and detail your plans for sanitizing your workplace. Include a budget for disinfectant, hand sanitizer, and employees’ face shields. By the time you open your doors, these concerns may no longer be necessary, but it’s better to plan ahead and have extra room in your budget.

If you include these issues in your business plan, you’re sure to impress your potential investors, particularly if you address them with enthusiasm and determination. …

Read more