The Dos And Don’ts Of Business Financing

Contributed article in our anti-viral cleanliness series. Enjoy! – Kimberly

Financing a business can be costly and challenging, particularly as you have many ongoing costs throughout the life of your organization.

From growth through to diversification, there’s a range of reasons why your company will need to explore financing options throughout its lifecycle.

When seeking business finance, there’s a range of techniques you should use, and many that you definitely shouldn’t. It can be tough for new business owners to navigate the competitive world of business finance, so to help, we’ve put together a list of the dos and don’ts of business finance.

Don’t: Choose The First Provider You See

Do: Review All The Options Before You Choose A Provider

Choosing a financing option can be challenging, with so many companies out there offering financial products and trying to entice you with fancy advertising campaigns.Continue reading

Things You Need to Know About Swing Trading Strategy

Contributed article in our business series. Enjoy! – Kimberly

A trading strategy should develop based on the trader’s personality. People who love to trade with low risk and execute less trade should go for a swing trading strategy. To them, scalping will be the most aggressive strategy. Most importantly, they will not understand the random execution of the trade associated with the scalping strategy. However, new investors in Australia might face some difficulties in understanding the swing trading method. Due to their lack of knowledge, experience, and skills, they will fail to speculate on the price movement properly.

Learning to use the swing trading strategy is not so hard. If you follow the basic rules mentioned in this article, you can expect to become a professional swing trader.

Swing high and swing low

The first thing which you need to learn as a swing trader is a swing high and swing low. A swing high is such a price zone that was not tested in recent times. On the contrary, a swing low a specific price level where the price most likely to find support. Based on the swing and swing low, the professional finds the retracement point of the trend. Though you can manually find the retracement phase of the major trend, the pro traders prefer to use the Fibonacci retracement tools.Continue reading

4 Types of Insurance You Need to Protect Your Business

Contributed article in our business series. Enjoy! – Kimberly

No matter what type of business you’re planning to run, there is a certain amount of risk that comes with having your own company. Even if you put all your effort into getting your business off the ground, there are all sorts of unforeseen circumstances that can arise, making it more important than ever to take out insurance. Whether you’re a small business or large organisation, keeping your company protected is crucial.

With that in mind, here are four types of insurance you should take out in order to ensure your business is protected.

Employers’ Liability Insurance

If you are employing others in your business you are legally required to take out employer’s liability insurance, which will ensure your employees are protected if they have a fall or are injured whilst at work. It’s important that you display your insurance certificate where your staff can view it.Continue reading