Category Archives: Business

Is CFD trading worth it? The Truth Revealed

There have been lots of mixed feelings on the whole issue of CFD trading. Countries like Australia and Britain greatly advocate for the trade as a lucrative venture, but Germany is on the brink of shutting it down completely. So what exactly is CFD trading and why is it receiving so much attention?

Contract for Difference (CFD) is a form of trading where the investor doesn’t own assets but only gambles in their shift in prices. This can be currencies, commodities, bonds, shares, indices, gold, silver or just about anything that can be traded in the stock market. The contract is established between trader and broker to speculate in price movements, in over 10,000 markets globally, and profit from that.

Buy and sell are terms seldom used and at no point will the trader be required to own tangible assets. This stock trading concept was directly borrowed from a gambling style originally used by punters in horseracing. By evaluating its low risks and high gains traits, the stock market quickly caught up and today there are dozens of CFD trading companies like CMC markets.

Advantages of CFD Trading

The major advantage, which we have already mentioned, is the freedom to never own any stocks. It’s a definite stress reliever since you aren’t tied down to one market. All you do is move in and out of markets predicting price movements and making money from it. Any wise investor would give you a go ahead on any opportunity that yields profit minus the risks of asset ownership.

One other thing to appreciate about CFD trading is that you can go at it solo and still excel. Unlike conventional stock trading, there is no need to involve a broker as you can open an account with online CFD companies like CMC markets. Once you sign up, you are required to deposit money to start you off on the CFD trade journey. Here is the best part; you can first trade in dummy account to get acquainted with the craft before investing in real money. Such CFD companies also offer free investor information to guide you on how to speculate on price movements and avoid the loopholes that lead to losses.

Thirdly, you are almost guaranteed a profit when investing in a contract for difference account. If it’s all about price shift predictions, this means there are probability odds just like in real gambling. And where there are odds, there are avenues one can exploit to improve the odds of making an accurate prediction. You also get to decide to go long (invest a large sum) if the odds look favourable, or go short (invest minimal amounts) when you foresee a fall in price. You are able to cushion your losses and diversify your portfolio to reduce the risk of losses.

So why the mixed feelings?

If CFD traders are the envy of conventional stock traders, how come the craft is not popularised globally? A country like Germany has established an act that controls all forms of gambling, and CFD trading is included in the list. They will control how much leverage a trader has, screen all CFD broker activity and introduce trade airbags that prevent German investors from losing all the money in their account in the event of a loss. That’s not all; any sign of a scandal or misconduct that occurs anytime from when this act was implemented will lead to an automatic disqualification of CFDs in Germany for good.

Backing Germany’s decision is Belgium who also put an end leverage Forex and binary options trading. CFD trading is banned in Japan and the USA as well, and more countries keep joining this quest of censorship. Nonetheless, countries like Britain and Australia continue to offer the CFDs and even encourage it as a side venture.

Why the mixed feelings you would ask? Perhaps it’s because no one ever mentions the risks involved in CFD trading. Yes, there are blogs, articles and financial website that mention some downfalls but few get to mention the magnitude. Because the craft resembles gambling, one has the potential of losing everything invested instantly.

Moreover, CFD has its addictive side and many investors have burned out from blind uncontrolled speculations. Thus, some countries see the usefulness of controlling the trade with the consumer’s welfare in mind.

CFD trading is a highly profitable venture when executed wisely and with control. Countries like Germany are already exercising control on behalf of the citizens while the USA does away with the concept completely. But you can still access the trade in Britain and several other Anglo countries.

Make Use Of Sem For Promoting Your Online Business

We are in technology world, where many people depend on it for enormous task. Especially people are more in need of internet for enormous task. Majority of individuals are dependent on it for their work. Moreover, online businesses are in growing trend, since people are more in use o them, for making their task simple. Online shopping plays a major role in today’s trend; especially youngsters are more addicted to it. For doing this business, they need to connect with people and get their feedback. For making their task simple, they are using SEM service. Service is offered by professional and experts, so you will get better result. Your product is advertised in online website, so people also get aware and this result in purchase and ultimately your revenue will get increase. People are spending most of their time in online website, so it’s easy to cover large audience. You too will get review form the customer, since they won’t spend time for making review; but this service makes it possible. Marketing through online websites is more popular in current generation, although this is the best alternative available for connectingto people.

Choose Best Service Provider For Getting Better Result

Many companies are involved in this process for offering their service, so you must cautious before choosing them; you need to analyze, whether they are yielding quality service and that will increase your sales. For top pozycjonowanie stron, you should prefer best service provider. They must create huge web traffic for your site, since it is your main goal. Service provider must make your website stands top in search result, so more people visit it. They must charge adequate money, based on your affordability. Moreover, they must yield benefit in long run as well as in short run period. Services offered by all service providers are not similar and unique, so analyze various alternatives and end up in choosing best service provider for amazing result.

The difference between property and real estate as investor


By the time I was 22 I had bought, sold or developed more than 40 properties. I thought I knew a thing or two about real estate. I had no idea!

Like a lot of ‘would be’ property moguls I had reached that place where I was tapped out financially. I had maxed out my borrowing capacity and cash flow was stressful. I decided to look for a partner. Someone with deep pockets and, more importantly, someone I could learn something from.

My criteria for the right partner was having a minimum 20 years in the business and at least $100M in property under their belt.

One day I was bragging about my accomplishments when one of the moguls asked me the one question that hit me right between the eyes: “how much land tax did you pay last year?” I had no idea.

In fact I’m not sure I even paid land tax or even why it was relevant. Then he told me a truth I live by today… In this business, everybody has a story – but there’s really only truth in numbers.

Lesson learned

Always remember the difference between property and real estate.

This is important because the golden rule of property and step 1 in my 7 Steps to Wealth book is “Land appreciates, buildings depreciate’. Real estate is the land. Property is what sits on the land. Land is the commodity and the only part that grows in value.

Last year I spoke at the Sydney Property Expo and tested my audience of 150 people or so. I showed a slide with some interesting stats from RPData/Corelogic:

— The Sydney median UNIT price in 1985 was $70,500 and is now $660,000.

— The Sydney median HOUSE price in 1985 was $88,350 and is now is $920,000.

I then gave the audience my take on the REAL value of that 1985 median HOUSE price: “It is, in fact, now worth $1.2M not $920,000”.

I asked my audience why I would make such a statement. The answers were quite interesting; it went from different suburbs, inflation adjusted, income not accounted and so forth, and of course let’s not forget the usual default answer everyone uses in property: location – location – location.

The answer is a number!!! In a sea of perplexed faces, I then surprised them with the real data:

— The average size block of land in 1985 in Sydney was 800m2 when today it’s down to nearly half at 435m2.

— The 435m2 house and land might sell for $920,000 but in reality the 800m2 lot with any sort of house on it – that you purchased back in 1985 – is really worth at least $1.2M.

There is only truth in numbers.

What does it all mean to you as a real estate investor?

It means whenever you invest in real estate you must know your land content. Our clients invest with a minimum of 40% land content and this is one of the seven key factors I believe you need to be successful in your investment strategy.

Here is an actual example of how it works: We bought 400 blocks of land in Sydney from 2011-2013 for around $558/m2. We put houses on them to give us leverage, cash flow and tax deductions; today the land is worth between $1,200-$1,500/m2.

That represents an average growth of 140%, while the median house price in Sydney went up by 72% for the same period.

A fool and his money are soon parted

There are a lot of people out there providing advice who don’t actually own any real estate, so here’s an essential question to ask before you follow any real estate advice: “Can you show me your land tax statements for the last seven years?” That will tell you all about their true property expertise and experience. These numbers are very relevant in a world dominated with overload of information.

For the record I paid $187,000 in land tax in one state alone last year and have done so for more than 15 years. I own property in three other states.

In 2015, Sydney land price per m2 went up by 46% while the average block size dropped by 7%. The median house price also went up by 11.5%. These numbers clearly indicate that in this rapidly evolving climate, the end game in property is and always will be land use.

Source :

Top on Market Financial Website


For every dime, you have tens of options to invest in. So where do you go for sound investment advice? The web is chock-a-bloc with financial websites and personal finance blogs. To wade through them you will need the most precious resource of all – time.

And if it is something you don’t have then you can thank these websites who have built-in mass communication tools like RSS feeds, newsletters, Twitter, and Facebook updates.

But it still pays to visit these ten websites because of the sheer depth of financial guidance.



Three well known names are behind all the financial information on this site: CNN, Fortune, and Money. The business and financial news gets updated throughout the day and so you can expect to pick up fresh tips and market hints thanks to the range of newsletters and the alerts. It is also one of the neatest newsletter sign-up pages you can ever get to see.



The well known name in financial circles brings business forecasts and personal finance advice across the entire media spectrum. The Kiplinger Letter (a weekly business and economic forecasting periodical) requires a paid subscription, but the email updates from the site does not. The site has a section for the first time investor who needs to know the basics.

This Is Money


The UK-centric financial website is a part of Daily Mail, the second largest selling British newspaper. The financial website covers personal finance with investment tips, news, predictions, advice, and guides. Check out the site map at the foot of the homepage for all the wealth you can find on the site. With all the tools on the site, it’s better that you be there, but if you can’t then make do with the weekly roundup newsletter packed with investment advice or the one which covers breakings news and special deals.

The Street


The Wall Street based financial website has a mix of free and premium services for financial updates. The website gives you a choice of seven free e-mail newsletters “” The Daily Booyah!, Before the Bell, Midday Bell, After the Bell, Winners & Losers, TheStreet Top 10 Stories, and TheStreet ETF Weekly that help you be on top of market trends with timely investment advice from guys like financial journalist (and bestselling author) Jim Cramer.

Smart Money

smartmoney is a part of the Wall Street Journal media network. The financial website caters to the high brow professionals who go deep into day-to-day markets with stocks and mutual fund investments. The site gives the individual investor a range of tools like watchlists, stock screeners, market maps, and the SmartMoney LifePlan as a step-by-step guide to investments. With a free registration, you can access these tools and the bundle of free investment information. You can stay on the WSJ network and keep tabs on the market with the sites in their portfolio.

Seeking Alpha


Seeking Alpha more like a financial news aggregator packaged as a blog. It sifts through the top market blogs, money managers, financial experts and investment newsletters to bring nearly 250 articles dally. The site says that it’s the only free, online source for over 1,500 public companies’ quarterly earnings call transcripts, including the S&P 500. The site has an interesting section called Long & Short Ideas where you get tips on long term stocks and those that are falling.



One of the best financial websites out there, Bloomberg is all about up-to-date business analysis and financial data. The site has a good personal finance section with news supported by videos and four calculator tools. The news coverage is international and if you are on YouTube, you can catch their channel there too. Bloomberg also owns BusinessWeek and all-in-all it has a one-third share of the financial data market.



If you are in the least bit interested in money, then you would know the lists which Forbes brings out annually. But the site is more than that as it packs in news on business, technology, stock markets, personal finance, and lifestyle with bytes of advice, tools, and investing tips.

Investor Words This financial website is not one for investment news, but it hands out words which can help to make you a better investor. You can get the Term of the Day delivered to your inbox with a free sign-up. The term of the day email newsletter provides one definition and one investing aphorism per day to subscribers. The financial glossary has database of 8000 terms which is constantly updated. In between, you can also catch up with other finance related articles.

My Money is the official U.S government website setup to impart financial literacy to the American public. The site is well designed with three clear cut sections that help with financial knowhow for each stage of life, supported by other resources and tools.

These ten websites can serve the newbie investor best with the 5 Websites Where You Can Learn To Invest Money because learning how to invest and when to with informed investment decisions go together. Do you have a favorite financial website that’s in your bookmarks?

source :

How to keep a profitable gold investing


Some of the tricks, tips and strategies for your benefit when investing in gold bullion. Tricks and strategy of investing in gold itself many kinds, which include gardening techniques ala Rully Kustandar gold, gold stock investing, business  forex trading gold, gold dinar investment, buy gold coins, buy gold jewelry and more way of investing in gold. Although gold has entered the world of forex or gold trading, but that does not mean gold can not be used as a long term investment. Gold remains gold remains a good security for your business as long as you know how to manage it. Below will be given guidance on how to invest in gold to keep it profitable.

1. Classical Technique Gold Investment

The first way to invest in gold is favorable for the beginner is to apply the techniques of classical gold investment. Applying the techniques of classical gold investment intention is to buy gold when the price is quite cheap and sell when it rises and the difference between the selling quite a lot. The technique is often done by the parents of the past have proven to be quite effective if done in the right time and in the long term. By running this technique could be said of gold that you have this be a long-term investment timeframe eg 5 to 10 years.

2. Make Gold Savings

Tips and secrets subsequent profitable to invest in gold is to make gold as savings and insurance. Saving gold indeed we save using gold instead of money. For example, every month we would save 1 gram of gold. When these savings is collected, then we can use as a tool to purchase a wide variety of needs, for example, to buy a car, a house, the cost of Hajj, Umrah, married, family health insurance, vacation, children’s education and others.
By running tips with the concept of saving this gold, we will not know the inflation. So the savings we will remain intact even though there are likely to increase inflation in the products that we want in the future. This is because the increase in inflation there will soon be covered with the current gold price is converted into gold in grams.

3. Gold cite Venture Capital Investments

This one strategy that is often undertaken by lien system. So let’s say you have 100 grams of gold, then to increase the value of gold, we should be pawned. Then, the money from the pawn used as venture capital and business. To actually run this technique, you must understand that the system has its own weaknesses, that is, when the business went bankrupt, then the gold we would be lost or reduced. But if our efforts forward, then it is not likely you can increase the amount of gold you have.

4. Mechanical Gardens Gold

Mechanical gold garden which had been booming in the 2010s and older. But it turns out this investment concept slowly abandoned because it is considered no longer appropriate. Moreover, this technique uses pawnshops which, if calculated, the cost is quite high and not a turnover if the gold price ‘freefall’ as in the last 2013 years.

5. Gold Investment Forex Trading System

Lastly, how to invest in gold is favorable for the beginner is to use a Forex Trading system. In carrying out this way you will use gold as venture capital or deposit trading. Your gold will be mortgaged and used as trading capital. For those of you who do not like the risk, it is better to avoid this strategy for forex trading is high risk businesses or high risk high return. If you are not expert in the world of forex trading, then you should choose how and other investment strategies.

Gold Investment Provides Many benefits

That five-way secret way of investment gold bullion and forex trading. Hopefully with the information we have stated above, you are expected to have an understanding and wider knowledge about this type of investment, because gold investment is an investment that can provide many benefits for investors. Good luck and remain cautious in carrying out this investment.


What is the Best Way to Invest and Grow your Money ?


When thinking of business and investing, I began to look for find the right step for me to start doing. Then I found the article investments from a website, and I’ll share as below, may be useful for all of us, and success in business and investing in particular.

I remember reading Tina Sellig’s (executive director of the Stanford Technology Ventures Program) book- What I wish I knew when I was 20. (I don’t know Tina, though I wish I did, and I love her book.)

She gave her students the exact same problem. Here are her words, with my emphasis. If you don’t have time to read the whole thing, just skim and read the words in bold.

“What would you do to earn money if all you had was five dollars and two hours? This is the assignment I gave students in one of my classes at Stanford University, as part of the Stanford Technology Ventures Program…

Each of fourteen teams received an envelope with five dollars of “seed funding” and was told they could spend as much time as they wanted planning. However, once they cracked open the envelope, they had two hours to generate as much money as possible. I gave them from Wednesday afternoon until Sunday evening to complete the assignment.

Then, on Sunday evening, each team had to send me one slide describing what they had done, and on Monday afternoon each team had three minutes to present their project to the class. They were encouraged to be entrepreneurial by identifying opportunities, challenging assumptions, leveraging the limited resources they had, and by being creative.

What would you do if you were given this challenge? When I ask this question to most groups, someone usually shouts out, “Go to Las Vegas,” or “Buy a lottery ticket.” This gets a big laugh.. These folks would take a significant risk in return for a small chance at earning a big reward.

The next most common suggestion is to set up a car wash or lemonade stand, using the five dollars to purchase the starting materials. This is a fine option for those interested in earning a few extra dollars of spending money in two hours.

But most of my students eventually found a way to move far beyond the standard responses. They took seriously the challenge to question traditional assumptions—exposing a wealth of possibilities—in order to create as much value as possible.

How did they do this? Here’s a clue: the teams that made the most money didn’t use the five dollars at all. They realized that focusing on the money actually framed the problem way too tightly. They understood that five dollars is essentially nothing and decided to reinterpret the problem more broadly: What can we do to make money if we start with absolutely nothing?

They ramped up their observation skills, tapped into their talents, and unlocked their creativity to identify problems in their midst—problems they experienced or noticed others experiencing—problems they might have seen before but had never thought to solve. These problems were nagging but not necessarily at the forefront of anyone’s mind. By unearthing these problems and then working to solve them, the winning teams brought in over $600, and the average return on the five dollar investment was 4,000 percent! If you take into account that many of the teams didn’t use the funds at all, then their financial returns were infinite.

So what did they do? All of the teams were remarkably inventive. One group identified a problem common in a lot of college towns—the frustratingly long lines at popular restaurants on Saturday night. The team decided to help those people who didn’t want to wait in line. They paired off and booked reservations at several restaurants. As the times for their reservations approached, they sold each reservation for up to twenty dollars to customers who were happy to avoid a long wait.

As the evening wore on, they made several interesting observations. First, they realized that the female students were better at selling the reservations than the male students, probably because customers were more comfortable being approached by the young women. They adjusted their plan so that the male students ran around town making reservations at different restaurants while the female students sold those places in line. They also learned that the entire operation worked best at restaurants that use vibrating pagers to alert customers when their table is ready. Physically swapping pagers made customers feel as though they were receiving something tangible for their money. They were more comfortable handing over their money and pager in exchange for the new pager. This had an additional bonus—teams could then sell the newly acquired pager as the later reservation time grew nearer.

Another team took an even simpler approach. They set up a stand in front of the student union where they offered to measure bicycle tire pressure for free. If the tires needed filling, they added air for one dollar. At first they thought they were taking advantage of their fellow students, who could easily go to a nearby gas station to have their tires filled. But after their first few customers, the students realized that the bicyclists were incredibly grateful. Even though the cyclists could get their tires filled for free nearby, and the task was easy for the students to perform, they soon realized that they were providing a convenient and valuable service. In fact, halfway through the two hour period, the team stopped asking for a specific payment and requested donations instead. Their income soared. They made much more when their customers were reciprocating for a free service than when asked to pay a fixed price.

For this team, as well as for the team making restaurant reservations, experimenting along the way paid off. The iterative process, where small changes are made in response to customer feedback, allowed them to optimize their strategy on the fly.

Each of these projects brought in a few hundred dollars, and their fellow classmates were duly impressed. However, the team that generated the greatest profit looked at the resources at their disposal through completely different lenses, and made $650. These students determined that the most valuable asset they had was neither the five dollars nor the two hours. Instead, their insight was that their most precious resource was their three-minute presentation time on Monday. They decided to sell it to a company that wanted to recruit the students in the class. The team created a three-minute “commercial” for that company and showed it to the students during the time they would have presented what they had done the prior week. This was brilliant. They recognized that they had a fabulously valuable asset—that others didn’t even notice—just waiting to be mined.“

Tina was trying to teach her students something. And she gave them a powerful gift– she helped them see for themselves that they were boxing themselves in with limitations.

Yes, a lawyer could make money just working a couple of hours. Yes, it takes time and physical effort to make money. But what are the assumptions you’re making in your daily life? What are you not looking at? What have you taken for granted?

Anybody can ask you those questions, but not everybody can set you up and put you in a place that makes you most receptive to appreciating the full power of those questions.

If you can tell me that you go about your life questioning every assumption and leveraging every hidden advantage, sure. But are you? What would it take to get you to start doing that?

source :

Key to Success and Stages Starting a Small Business


Small businesses especially are almost no capital need perseverance, tremendous effort. Far above average businesses have a large capital. However, these efforts will not mean anything when you’re wrong mentor to fall everywhere to try without directing, can not make money and lead to despair.


Strategy plan success to start business

a. See, blackouts and Modifications

When creating a business model, look around and find a successful example of a business model that you want, and learn, observe, imitate and modifications. Keep in mind, all businesses must be a model that has never been there, if you can not find, whether you exceptional genius, or the business model you’re not going to succeed in the real world.

b. Search Partner for sharing risks

Even if the capital needs, try not to invest its own money. Since most business is a risky trip, especially since you do not understand well the risks that will be the case, then look for a partner. So, if everything does not go all the plans, you’re not going to go bankrupt because of start-up funds before, and did not pursue the debt.

c. Price Time, Convert to Money

Convert the time you spend on doing business with the money. Give a monetary value on your time, for example Rp20 thousand per hour. The goal is to help when you have to make decisions: for example, only a store charge Rp10 thousand for shipping every week, and it takes 2 hours to go to the store by yourself, then pay continues postage from the company, because it is cheaper. This is the basic principle of the respect of time.

d. Make the Most

Early stages of starting a business, you must be willing to work hard, long hours, forgetting personal gain and health. As a budding entrepreneur, you certainly will not be able to pay employees, even though employees were cheap. So, your employees, is your own. The company is me!

e. recruit Employees

If your business has started to walk, do a show of force alone. Begin to recruit good employees. To that end, do the recruitment process carefully, without haste. Find who have a passion in that field. Employees are the key to the future of your business. In their hands the vision, your mission will be realized.

f. Take advantage of the Latest Technology

Because you are based online, then use the latest technology. New technologies such as application and data storage with cloud technology is very cheap and make a small company can compete with larger companies. Allocate your time to learn some of the latest technological developments so that you can take advantage of the low cost of the technology on the market to support your efforts

g. Avoid a price war by selling excess

Avoid price wars, to sell the surplus, rather than price. When you start a business, naturally you frustrated market, considering the product or service is new and unknown. Avoid competing on price, you will be defeated by the incumbents. Selling the excess service or product, master the skills to communicate with customers, to explain that the higher the price of your product because it has a better value.

Do not be Afraid of Trying

Starting a business is not easy, a lot of obstacles that will challenge and you have to face. The key is to never give up, because in every challenge you have there will always be lessons that you can take. Not only that, every difficulty in each challenge will make you more resilient and persistent. So, do not be afraid to try!


source :

How to became Stockbroker


Becoming a stockbroker isn’t easy, and the process can be quite intense and stressful at times. Still, many individuals coming out of school want to join the ranks. But how can they go about doing that? Is there a defined path that one should follow? This article addresses those questions and provides greater insight into this alluring career.

Desire And Skills
Being a stockbroker sounds like glamorous work; we have Hollywood movies like Wall Street to thank for that. But the fact is that many first-year brokers end up dropping out of the business because the job usually requires long hours, can be very stressful and requires a large amount of dedication. If you are considering entering the profession, you should first do some soul searching and try to determine whether you have the desire and patience to do what it takes to be successful.

While no particular personality traits are required to become a broker, generally speaking, successful Registered Representatives have an inner drive to succeed. They also make the most of their day, and they can take rejection. These are important qualities to have, given that most of a broker’s day is likely to be spent on the phone, pitching stock ideas to prospective or existing clients.

Other key skills that can come in handy are:

– an ability to sell
– an ability to effectively communicate
– an ability to explain to others concepts that are sometimes hard to grasp

Although classes and seminars are offered to improve communications ability and salesmanship, that takes time and money. Therefore, it’s usually best if you already posses these skills before entering the field. (If you’re still trying to figure out where you’d fit best in the financial world, check out Finding Your Place In The Financial Industry and Is A Career In Financial Planning In Your Future?)

A college education is generally a must these days, as the competition to get into certain firms and training programs can be quite intense.

There are no specific types of majors or degrees that will guarantee you a job, but individuals who majored in finance probably will have a leg up on the competition. In addition, a master’s degree helps the candidate stand out from the crowd, as it implies that the candidate has learned additional skills in communication and finance that can be helpful on the job.

A Firm Fit
Be on the lookout for companies that have reputable and structured training programs. These companies can be extremely helpful in teaching certain sales techniques, time management skills and the ins and outs of the industry. (For tips on getting accepted into the training program you want, read Get Into A Broker Training Program.)

To find this information, conduct a search on the internet and, more specifically, on the websites of individual firms. Good old-fashioned help-wanted ads in major newspapers such as the Wall Street Journal or New York Times might also detail information on training programs.

And, even beyond that, consider firms that match your personality and preferences. For example, as a would-be broker, consider whether you want to work for a large, internationally known firm or a smaller firm. (To learn how to find a firm that’s a great fit, read Trying On Potential Employers.)

Sometimes brokers who start off at larger firms feel like small fish in a very large pond. And small regional broker-dealers might provide a higher commission rate and a warmer and friendlier cultural atmosphere. However, the downside to a smaller firm is that landing customers or ensuring confidence in your firm might harder because of its lesser-known name.

Series 7 and 63 Exams
Even if you are hired by a firm and you have the desire, there is no guarantee you will become a fully functioning stockbroker – to do that, you must first pass specific exams:

The Series 7 exam is traditionally taken by beginning brokers. It is a general securities license that enables an individual to sell securities such as stocks.
The Series 63 exam focuses on state laws and regulations.

Would-be brokers should understand that these exams are not easy, and the brokerage firm sponsoring you for the exam expects you to pass it. (Need help passing the exams? Our Series 7 and Series 63 exam guides have the information you need.)

Building Clientele
Just because you pass the exams and officially become a stockbroker doesn’t mean that you can sit back and relax. On the contrary, this means that your work is just beginning. You now must focus on building a book of business.

There are many ways to seek clients. Some of them include:

A phone book and an order to “smile and dial”, which means to make cold calls in order to open accounts. (For tips on making the sale, read Cold Call Without Getting The Cold Shoulder and Alternatives To The Cold Call.)
A list of pre-qualified prospects, from which to start contacting to drum up business. These may be given to you by your firm or bought from marketing firms.
Tapping relatives or friends to obtain referrals.
Organization memberships, such as the local chamber of commerce in order to network and meet prospective clients.

Bottom Line
This entire process can be a very time-consuming and costly adventure. As a would-be broker, consider the effort that must be put forth and whether you have the patience and mindset to take on something like this. Keep in mind the time and effort it takes to attain such a position. If you are lucky or motivated enough to possess the necessary aptitude, take heart – although it isn’t for everyone, being a stockbroker can be a very rewarding job.

source :

What are investors looking for, if a small business in need of funding


Small businesses looking for financial help from an “angel” often turn to individuals willing to invest in promising, start-up opportunities. Angel investors can be a good funding source to consider after you’ve tapped your friends and relatives. But angels usually don’t write blank checks. They’ll want to see progress and a way to exit the deal down the line with meaningful profits. So expect angel investors to do a lot of research and careful investigation into your business plan.

Be thoughtful in approaching potential investors. Biotech investors, for example, don’t want to hear about a clothing manufacturer. A scattershot approach is likely to turn them off. Industry associations, local trade groups or, in some states, business-incubator centers can help point to potential angels.

Angel investors often invest through groups or networks. These provide due diligence, extra research, access to potential deals and shared expertise that one person operating alone generally doesn’t have. For instance, one member of an angel group might have background in a particular industry or the know-how to set up deal terms, sharing that knowledge with the other investors.

Angel investors are usually thorough, so don’t expect to get your money quickly. It could take several months to meet with different individuals or groups and answer all of their questions. (There are exceptions, including the case of Google, which got funding from an angel before its cofounders finished their presentation to him.)

Because they’ll own a part of your company, they’ll likely want a say in major decisions, and they’ll watch to see whether you listen to them. Don’t expect them to write a check and walk away. Many angel investors are former business owners who want to help people like themselves. They may be able to provide good advice based on their previous experiences.

Getting funding from angel investors isn’t easy, but it can be done if you take the right approach and are a good match with their interests. And the benefits can beyond the money for your business, but their expertise in both in business operations and your industry niche.


source :

The importance of knowledge to developing a budget

A budget is a document that allocates financial, physical and human resource use over a specified period of time to attain certain goals.

A good budget upholds organizations’ long-term goals and should allocate resources to activities that will drive the company towards achievement of such goals.

Developing a business budget is an exercise that all accountants undertake on an annual basis and which forms an integral part of any successful business planning.

The following are the best practices adopted by world class businesses while developing a budget:

1. Link budget development to corporate strategy

To best serve the company’s long term goals and objectives the managers develop a budget that is in line with the company’s corporate strategy.

This unites together personnel in focusing what matters most to the organization and avoids uncoordinated and scattered efforts by various departments and managers.

Read more on corporate governance:

2. Leverage on technology while designing the budget

More companies are automating their budget management to ease the process and also involve every stakeholder as much as possible. When developing a budget it is best that every stakeholder is kept in the loop on progress during the budget implementation period on performance.

Technology eases business budgeting process and makes it possible for line managers inputs to be incorporated in the budget. Effective technology can be used to make, updating and track of budget much easier.

3. Tie employee incentives to performance measures

To ensure that the business budgeting is a success leading companies tie organization reward system to how best they meet the budget. While managers are expected to uphold the organizational goals in some instances they can engage in counter productive activities creating risks. Tying budget to the reward system can bring a balanced conduct within the management.

4. Keep an eye of cost management in the budgeting

Managers should keep abreast current costs and probable futures costs to ensure that they provide the budget developers with accurate and relevant information.

This is very useful as it reduces time and cost of developing a budget, since information is readily available.

5. Manage effectively the budget process

To develop a quality budget at low cost the managers should streamline the process by ensuring necessary information is available for access during budgeting and avoid possible delaying circumstances. This will ensure the budget cycle is cost effective and budget developed is effective.

6. Ensure that the budget is flexible to accommodate change

A good budget should be flexible such that it can incorporate changes in the future. Ideally the future cannot be fully be determined and therefore a good budget should be one that can accommodate changes brought by uncertainties in the future.