FasterCapital (a virtual incubator based in Dubai, UAE) has launched its second round of funding for 2016 which has begun on 15th of March, 2016 and ends on 16th of Apr, 2016. The first round of funding (which ended on 19th of Feb, 2016) has attracted more than 800 entrepreneurs from more than 80 countries. 50 startups were accepted into the acceleration program.
FasterCapital will release the names of the accepted startups on its website an the incubator hopes that the message will reach a wider audience of dedicated and enthusiastic entrepreneurs who seek both capital and incubation.
Each startup goes through three level of assessment: Business, Financial andTechnical.
Invoice factoring can be a boon to your business if you handle it right. It is always great to have funds to handle your finances, meet expected and unexpected expenses in business and increase your working capital when a need arises. Bank loans may be great but they do not work for all. By using invoice factoring, which is a best option with the least eligibility conditions, you can manage your financial needs perfectly well.
Invoice Factoring – Quick And Lasting Solution
You cannot always predict when an urgent financial need would arise. Even if you are eligible for bank loans, the process involved for sanction of loan could be tiresome and definitely not as fast as invoice factoring. Moreover, you do not bind yourself to any long term commitment if you seek factoring firm for cushioning. You can have a comfortable arrangement where you can seek their help when a need arises. Since you get paid on your invoice, you do not suffer the hassles involved if you go for a loan. The procedure is quite simple. Once you have your invoice ready for a product sold or a service offered, you can send it across to invoice factoring firm, which, after verification pays you up to 90% of your invoice value in advance. You get the remaining amount paid after deducting a nominal fee once your customer pays your bill. This arrangement helps to improve your cash flow. Let us see how.
Immediate Funds For Urgent Needs
Many businesses offer up to 3 months credit for payment to their customers. If you fall under this category, invoice factoring will help you to have a smooth cash flow. Since you get paid by the factoring company you need not wait till your customer pays you. You can manage your expenses using the cash and you are perfectly in trouble-free zone. Continue reading “How To Improve Your Business Cash Flow Via Factoring?”
Money management skills do not come effortlessly and naturally to all. Spending wisely and living frugally prove to be a challenge to a number of people, and this is when money management becomes of utmost importance.
No other bunch of individuals can best offer pieces of advice on how to properly handle money than the world’s billionaires. The fact that they have risen above everyone to amass great wealth should be enough reason to trust what they have to say.
If you’re looking to spend less, save more, and do all the right things with your money, we suggest you take note of these money management tips from seven of the world’s billionaires:
Bill Gates (net worth: $79 billion)
The Microsoft co-founder and former CEO believes in learning from past mistakes. According to him, “It’s fine to celebrate success, but it is more important to heed the lessons of failure.” Never forget the money problems you’ve had in the past and the factors that caused them. Think of what works and what doesn’t whenever you’re making a money-related decision.
Oprah Winfrey (net worth: $2.9 billion)
The inspirational woman billionaire, TV personality, media executive, and philanthropist says finding your true passion is the first step to success. Figure out what it is you really love to do, and you’ll see that spending for it will be worth it. Nothing can ever present real value for money than something that brings fulfillment. Continue reading “Money Management Tips from 7 Billionaires”
Simply put, Invoice Finance refers to the short term loan provided by various financing companies to supplement a business with working capital. When a business provides a product or service to a company it issues an invoice to the buyer. Depending on the nature of business, there can be several situations when the business receives the payment in a time of 30-90 days. While the payment is being processed, the business would often require working capital to maintain itself for those 30-90 days. Invoice Finance is a loan provided by financial institutes utilizing the unpaid sales invoices as collateral.
New Girl star Zooey Deschanel enjoys an income of $95,000 a month but reportedly still lives on $22,500 a month, and that already includes her donations to charity. Veronica Mars actress Kristen Bell is also very proud of using coupons for her daily expenses. Facebook founder Mark Zuckerberg, whose net worth is $9.4 billion, still drives a simple Acura. Zara founder Amancio Ortega still lives in a low-key apartment with his wife in La Coruña, Spain, and still drives a simple Audi A8.
Wealth creation is not an exclusive ability, but there are common aspects that rich people share that average people do not possess.
Cedric Naudon is a wealthy French entrepreneur with a penchant for fine food. Nothing notable there— French foodies are a dime a dozen. But unlike most those other foodies, Naudon owns half of a neighborhood in Paris, and his plans for the area would make anyone’s mouth water.
Naudon’s plan for the neighborhood, as featured in The New York Times, is to turn the area into an epicurean village called La Jeune Rue (Young Street).
Developed with the help of an international team of designers, the plans include a butchery, a cheesemonger, an organic bakery, an oyster bar, a fishmonger, ethnic restaurants, and a clique of neighborhood mainstays. The butchery will include a library to allow patrons to read all about the cuts on offer. Continue reading “Entrepreneur Develops Food-Based Neighborhood”
According to gogetitnews.com, Panama’s underdeveloped province of Colon is about to undergo significant development ventures. Focusing on development of Colon, Panama’s second largest province, was a central aspect of President Juan Carlos Varela’s recent election platform. The Ministry of Public Works and the Ministry of Housing will work together towards renewing the province, including building better homes for the inhabitants. Furthermore, Varela has signed the tender calling for an urban renewal project, but exact costs and construction dates are currently unknown. According the gogetitnews.com’s report, the project will benefit about 25,000 people in the city by building up to 5,000 … Continue reading Colon Province Focus Of Renewal
According to the team at LiveAndInvestOverseas.com these are the world’s 21 best places to live, retire, or have the adventure of your lifetime right now… Enjoy the list, choose one and … retire today!!!
1. Argentina… From cosmopolitan Buenos Aires to Mendoza wine country…
2. Belize… Beaches, rain forests, reefs, Mayan ruins, and rivers…
plus one of the easiest places in the world to get foreign residency…
3. Brazil… A huge, diverse nation boasting excellent investment opportunity and bargain beach properties…
4. Chile… The ease and comfort of “First World” living, plus easy residency with little hassle…
When I’m asked to recommend a single spot in Ireland for the would-be retiree, I come up with at least five possibilities. Then, for each place, I ask one critical question: Could a non-local (one not born into a harsh Irish winter) survive here year-round? Is there enough to amuse when the nights are long and it rains for a week at a time? The one place that stands out to me right now—passing this year-round test with flying colors—is Kilkenny.
This “Medieval city” (now officially a town) is the arts and artisanal center of Ireland. From April to October, its streets buzz with local and tourist shoppers in search of unique clothing, gifts, and home-wares. They come in the winter months, too, though in lesser numbers. The big event in town is the annual Cat Laughs Comedy Festival in June that attracts comedy fans from around the world, while November’s Kilkenomics Festival—a quirky marriage of economists and comedians from around the world—is growing in popularity. And, any time boredom strikes, you can reach Dublin in 70 minutes by direct motorway.
Until 6 months ago I didn’t even know how big the industry of virtual currencies or crypto currencies is and how many very specialised jobs were created in the last years to support it. In the meantime I had the privilege to start using my knowledge and experience and support the marketing team and the launch of a new (and) amazing player in this market – Logos. As in the last years I’ve attended RE/MAX European Conventions in Vienna – starting this year it will be in Barcelona I have to say that Vienna is a great choice for corporate events.
Vienna is getting ready to host the first Bitcoin conference in the region and at the same time becoming part of Logos Ecosystem! Central European Bitcoin Expo takes place this weekend at Technical University in Vienna, Austria, the
organizers are proud to announce a brand new partner for the conference, Logos.
Often times there is a misconception that you can’t develop an amazing business without VC’s, investors and stuff. Mindvalley proved that not only this can be done but their success can be emulated and … you have to screw it and just do it. Vishen draws seven important lessons he learned in the past nine years of building Mindvalley from scratch. The takeaways fro this article are: 1. Your College Degree is Meaningless (and sometimes a liability) 2. Don’t Quit Your Day Job Too Soon 3. Business Plans are Mostly Bullshit 4. Control Your Equity 5. Forge Networks … Continue reading 7 Lessons from Building a $15-Million-a-Year Lifestyle Business with No Loans, VCs or Angel Money