Why Yahoo Finance Is The Best Financial Website

Yahoo Finance is the best free solution for analytical Finance data on the internet. When I was a young Investment Banker, I used to use Yahoo Finance all the time to check on daily stock prices. It is absolutely great for young poor college professionals who don’t have much money and would like to learn more about Finance. If you cannot afford expensive data services like Bloomberg and still want to conduct basic financial analysis, then Yahoo Finance is for you.Yahoo Finance can totally help you with many different tasks. You can get all the latest news on companies that you are interested in. Simply punch in the company’s ticker and get all the latest information about that particular company. It even works for mutual and index funds. If you are looking to study macroeconomic data or country specific currency data, Yahoo Finance can provide you with exchange rate data as well.If you are looking to do financial modeling, you can get excellent historical data on Yahoo Finance about any company or mutual fund you choose. Then you can download the data in csv format to use with any spreadsheet program of your choice. This is a wonderful feature because it provides you with the very raw data you need to make a price graph. Then, you can use the graph to figure out future price movements, trends and shapes. This is incredible for any up and coming technical analyst.Because Yahoo is strong in a lot of different countries around the world, you can even access international data concerning many emerging economies. So, if you are studying Asian or South American economies, you can now get good reliable data about these countries as well. Also, get historical currency exchange rate data that can be of great help when charting forex graphs and predicting prices.The best feature in Yahoo Finance is the ability to create your own mock portfolios. You can now pick companies that you think will do well and create your own portfolio. Then, you can see if you would have made money using those decisions. You can buy and sell as many shares that you want depending on chosen price points.You even get customized news alerts for the companies in your portfolio. I would recommend that you create as many portfolios as possible to learn as much as you can about different types of investments. This is also an excellent learning tool for those people who are looking to learn more about the stock market.Yahoo Finance can be an absolute boon for anyone wanting to start out in Finance. If you are looking to learn how to go about conducting yourself in the market, then getting to learn the ropes is a breeze on Yahoo Finance. I would recommend the site to any newbie. It is truly an excellent offering from Yahoo and it comes at a great price: free. So go ahead and register yourself, get your own user name and password and you can be off on your own Finance adventure.

How to Start a Legitimate Online Business From Home

Understanding how to start a legitimate online business starts by first understanding the way online marketing and sales works. Below I have outlined 5 different phases that you can use to help you prepare and successfully launch your online business Although following these phases will drastically increase your chances of success, ultimately the key to your online success will fall on your own unique ability to get things done! Your drive, determination, ability to set goals and follow through with them will determine your level of success with your online business. Most people tend to rush into things without doing their proper due diligence and research. You need to first know what it is you’re promoting or marketing. Is it a physical product or service? Who your target market is and what do they expect to gain from your company or business. Once you take a moment to figure this out then, you’ll move on to phase 2 of your initial set up.Phase 1 – Register your Business EntityThis is so Important but yet most people totally skip it. Getting your company registered with your state will save you a ton down the road. You can find tons of resources online to register your business name with your state. If you want to create a legitimate online business do yourself a favor and take care of the legal side of your business right from the beginning It will allow you to operate as a legally registered business, accept forms of payment under your business name, hire staff (if needed), write off business expenses, open up business accounts, open up a line of credit for your business, save you in instances when someone trying to sue you and you have the benefit of being able to write of business expenses using your company’s Tax ID number.Phase 2 – Choosing your nicheThis is the simplest step but, for some can take the most time to overcome. I suggest you choose a niche in which you know. Try to go into a niche that you’re comfortable with that you’re also interested in. Don’t let the products decide what niche you’re going to go into. You choose your niche and then you choose a product that fits your specific niche. Don’t try to spread yourself too thin either. If your business is structured around music & equipment, avoid complicating things right off the bat by introducing other non related products that don’t coincide with your main product. Get good at selling one thing before you move on to the next.Phase 3 – Selecting Your Base of OperationsThis is the phase where you decide what online platform you will use to base your initial campaign from. If its physical products then you might want to start off by creating a seller account in the marketplace where your targeted audience is known to be, that receives a good volume of traffic. If you plan on going the digital route or information marketing, you will most likely need to create a website of your own. Whichever you choose, keep in mind that this should be your central hub for all traffic and communications between you and your potential customers. Your online business needs to look as legitimate as possible right from the start. People base a lot of their buying & interaction of perception. The more authentic and legitimate your online business looks, the greater your chances of converting visitors into potential customers and traffic into leads which ultimately converts into a paid customer.Phase 4 – Preparing Your Home Base to Open ShopOnce Phase 2 is completed and you’ve found your central hub make sure that you’ve done everything cosmetic that you can possibly do. If you want to look like a legitimate online business right from the start then it would be beneficial to have a company logo created and a few different website banners designed that match your overall theme. You can have this created for cheap by going to a site like fiverr.com. You also want to decide on a color theme for your website that matches your logo. You’ll need to choose who or what will be presented as the face of your online business. People want to know who or what figure represents this company in the public eye.Phase 5 – Getting CustomersOnce you have went through the 4 phases and you have a product or service to promote your next step will be to drive customers or leads to your online business. What’s having the best product or service in the world if no one can find it? No good at all. There’s two forms of driving customers to your online business or as we online marketers refer to it as “driving traffic” and that’s the free way or the paid way. Paid ways include but are not limited to google ads, banner advertisements on other high traffic websites, TV advertising radio & newspaper ads. Some free ways to drive traffic and generate leads/customers consist of social media, word of mouth, youtube.com, blogging & article marketing or joining a network with other like-minded individuals The free ways could appear to be slower, results wise but in the log run can be the base source of stable traffic & leads for your business, if your marketing budget was to dry out. Consider your budget and map out your strategy wisely.

Business Capital Solutions In Canada: Accessing Proper Cash Flow & Commercial Financing

Business capital requirements in Canada often boil down to some basic truths the business owner/financial mgr/entrepreneur needs to address when it comes to financing for businesses.

One of those truths? Knowing the true state of their financial condition and what financing they do and don’t qualify for when it comes to meeting commercial lending requirements in Canadian business.

Business Loans In Canada

Whether you are smaller or start-up firm looking for information on how to get a business loan or a larger established firm looking for growth financing or acquisition opportunities we’re highlighting 3 mistakes that commercial loan seekers like your company need to avoid making when addressing, sourcing and negotiating your cash flow / working capital and commercial financing needs.

1. Understand the true condition of your company finances – These are almost always successful addressed when you spend time on your financials and understand how your financial statements reflect your access to commercial loans & business credit in general

2. Ensure you have a plan in place for sales growth and financial needs as it relates to commercial financing

3. Understand that actual hard facts about cash flow which is, of course, the lifeblood of your company

Can you honestly answer or feel positive about all those 3 points. If so, pass Go and collect $ 100.00!

A good way to address your company’s finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn – i.e. not growing, losing money, etc; It’s never fun to fund yourself in an economic or industry downturn such as the COVID pandemic of 2020!

When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and cash fluctuations is key.

How do cash flow and sales plans and projections affect the type of financing you require? For one thing sales growth usually starts out by consuming your cash, not generating it. A poor finance plan will drag your business down and addressing financing simply gets tougher and tougher.

Three basics always emerge when it comes to your search for the right business capital and financing.

1. The amount of financing you need

2. The type of financing (debt/cash flow/asset monetization) The business loan interest rate will be dramatically affected by whether you choose traditional or alternative financing solutions. Private business loans in Canada come from non regulated commercial finance companies most often known as ‘ alternative lenders ‘. These lenders are typically highly specialized in one ‘ niche ‘ of business financing and may be Canadian firms or branches of U.S. banks and non-bank lenders

3. How the financing is structured to be manageable with your day to day operations

What Finance Company In Canada Can Meet Your Borrowing Needs & Why Is Capital Important In Business

Let’s identify and break down key financings your firm should know about and understand if they are applicable and achievable to your business. They include:

A/R Financing / Factoring / Confidential Receivable Finance

Inventory finance / floor planning / retail inventory

Working Capital term loans

Unsecured cash flow loans

Merchant working capital loans/advances – these loans are geared toward short term cash needs and are typically one year in duration. Loan amounts are typically 15-20% of your annual sales revenues.

Royalty finance

Asset based non bank business lines of credit

Tax credit financing (SR&ED bridge loans)

Equipment Leasing / Sale leasebacks – Equipment financing in Canada is used by almost 80% of all companies looking to acquire new, and used, assets.

Govt Guaranteed Small Business Loan program – Government Loans in Canada are sometimes referred to as ‘ SBL’, aka Note: BDC Finance solutions are available from this Canadian non-bricks and morter crown corporation. A small business loan via the government-guaranteed loan program comes with true flexibility around term loan duration, market rates, no pre payment penalties, and of course the low personal guarantee that is required by borrowers. These two ‘ government ‘ loan solutions are often perfect for financing a new business.

If you’re focused on not making mistakes in your business finance needs and want to capitalize on the solutions your competitors are probably already using seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and commercial financing needs.

Stan has had a successful career with some of the world’s largest and most successful corporations.

His employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) In 2004 Stan founded 7 PARK AVENUE FINANCIAL – He is an expert in Canadian Business Financing.