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Welcome to the new IT Finance Blog

May 21st, 2013 by admin

Wondering what this is going to be all about?

 

Well, glad you asked and here is what we will be talking about.

 

This is NOT going to be one of those typical news sites on business and finance topis as there are already thousands of those once out there. It’s not that we don’t like them (well some of them) but it’s more that we think they are all pretty boring. They all talk about the exact same thing over and over again.

 

Our goal here with IT Finance is not to curate the news that are already out there and everyone is talking about it anyway. We are aiming to only present you with the finance and business news and articles that we find really interesting and that included particular articles from smaller, less popular websites that are just “different” and offer outstanding value.

 

Ok, so now you know what to expect from us in the future…. let’s start with the first gem we found recently. It’s an article from Baggetta & Co in Perth (Western Australia) and it’s titled “Common mistakes made when buying property in your SMSF“.

 

Enjoy the read and check back soon…

Share Investing Basics: How to start

June 13th, 2013 by admin

Contrary to what most people believe, it is not difficult to invest in shares. In fact, you don’t need to be an expert share investor to be successful.

If you want share investing but you do not have any clue about it, we will help you know on how to start with investing in the share market. Included in this blog post is video that can help you know how to start with this type of market investment.

Business Partnership: Advantages and Disadvantages

June 11th, 2013 by admin

A partnership is a type of business entity where two or more people join hands to start and run their own business. A partnership is the type of business wherein “partners” share the costs, profits and losses between them.

Included in this blog post is a video that talks about what you need to learn about partnership. It shows the advantages and disadvantages a partnership business has. Watch the video below:

Advantages and Disadvantages of Sole Proprietorship

June 11th, 2013 by admin

Choosing the correct legal entity from the very beginning is very important to the future of your business. This is because the type of legal entity you choose affects all your business’ decision-making processes, your legal responsibilities as well as your financing capabilities. There are three basic types of business legal structures – sole proprietorship, partnership and corporation.

In this blog post, we will be talking about sole proprietorship: what it is and how will you know if this structure is good for you. Watch the video below for more explanation about sole proprietorship:

Family Business Tips: Human Resource Management

June 9th, 2013 by admin

The performance of every business depends on the skills and capabilities of the people in the team. This idea also applies to family-owned businesses.

However, with regards to family businesses, the most common problem that families face is with their human resource management – nepotism and emotions are the two most common. Below are some of the human resource management tips to solve the most common family business issues:

Wealth Creation Tips: Real Estate

June 7th, 2013 by admin

Real estate nowadays is significantly rising as a popular investment option in the United States and other areas of the globe. That is because the returns that can be availed from this type of investment are beyond compare. Furthermore, the risk factor is also much lesser compared to other forms of investments.

To be successful with real estate, all you need to do is to be cautious and have enough knowledge about this market. The video below can give you tips on  how to become a real estate investor:

Why Do You Need Refinancing

June 4th, 2013 by admin

If you’re a homeowner with mortgage obligations, you may take advantage of refinancing options to have lighter repayment schemes for your house loan. Refinancing your mortgage can give you several advantages but you should also be prepared for some risks involved.

The video in this blog post can clearly explain to you what the process of refinancing is, its advantages and downsides, and how you can use it on your advantage. Watch the video below:

Buy-Sell Agreements

June 2nd, 2013 by admin

What is buy-sell agreement? Why do small businesses need it?

Basically, it is a strategy used to ensure the continuity of a business even if one partner leaves due to his retirement, whether planned or due to disability or death. The remaining owners or partners use this funding arrangement to have the right to purchase the share of the business from the departing partner/s.

For clearer knowledge on buy-sell agreements, watch the short video below:

What is Accounting?

May 30th, 2013 by admin

There is always a misconception that accountants are professionals who only deal with numerical figures and nothing more. However, these experts are actually more than that – they are also capable of business analysis and managerial positions including human resource management.
Arguably, the best way of understanding what accountants do is to study their main area of knowledge – accounting. The video below illustrates what accounting really is. Enjoy watching the video and learn a lot from it!

Retirement Planning Tips for 2013

May 28th, 2013 by admin

Retirement planning is perhaps the most significant segment of financial planning. It becomes more important as a person grows old because his body becomes weaker and weaker until his body decides to give up from working and finally retire. That’s why a lot of experts recommend starting retirement planning as early as possible to avoid financial risks.

So, if you haven’t started planning for your retirement, now is the perfect time! Included in this blog post is a video where you can learn the most effective retirement planning tips for 2013.

Tips for Small Business: Business Insurance

May 26th, 2013 by admin

The primary reason why every business entity acquires business insurance is for them to be protected against risks. Basically, there are two types of risks every business may face – business property risks and liability risks.

Property risks are the possibilities that your buildings, machinery, equipment, furniture, raw materials and some other business properties might get damaged or lost. Liability risks on the other hand are the events which occur that could lead to claims against your company.
For further information about business insurance, watch the video below: