Other News & Stories

How Pros Grow Their Business, Explained In 3 Ways

Businessmen Shaking HandsIt’s an achievement for every business to be able to afford opening another branch. It shows that they’ve been successful in acquiring profits, and the customers keep coming — even if they need a business loan to finance their operations.

Still, a new branch doesn’t mean the old one won’t get prioritized anymore — business owners need to attend to all branches, in case they need some repairs or new equipment. Here’s a closer look at how to manage a business and its branches.

1. Constructing a New Site

In constructing a new site or branch, business owners would need to spend on a team of engineers, architects, interior designers, and construction workers.

The cost of such a project would normally reach hundreds of thousands to a million, depending on the size of the building or its location. For example, a two-story restaurant would be a significant investment, especially if they’re in a prime commercial location.

2. Getting New Supplies

Business leaders normally have to purchase new supplies and equipment whenever there’s a new branch, or if the equipment in the current branch isn’t functioning anymore.

A lending company could help in these aspects through granting loans to restaurateurs or store owners who lack funds to buy new supplies.

3. Doing Repairs and Maintenance

Lastly, having repairs and maintenance checks on all branches or sites of the business ensures that hidden faults are detected and corrected. For example, a malfunctioning AC in a spa or salon needs to be dealt with right away.

A large-scale repair project would require significant funds, which could be solved by business loans. Doing this would ensure that everything is working fine, and any malfunctions don’t hinder the business.

There are steps that entrepreneurs have to take if they want to run their businesses successfully. For example, you should know what to do about getting a new site constructed, purchasing new supplies, and doing repairs. This is where lending groups come in, which could provide loans to business owners.

August 3, 2018 at 1:00 amStudy Section

Inspirations for Your Little Girl’s Next Birthday Party

Kids in a Birthday PartyBirthday parties are memorable and tender moments in a girl’s life. They are a lasting gift parents can give that extends far beyond the material benefits they bring. There are countless ways to celebrate a little girl’s birthday. Here are a few winning ideas to inspire you to plan your daughter’s next birthday party.

Farm Theme

If your daughter loves animals, a farm-themed party would be perfect for her. Plan a visit to the petting zoo for all the girls before the party or arrange to bring in a few farm animals to your backyard where kids can get to know them. Invite the children to come in their best farm attires and give away straw cowboy hats, which you can get from online shops like A.A. Callister, to set the theme. Prepare a backyard barbecue or picnic for the kids and play some state fair games to continue the fun.

Mini Sparty

For little girls who like to be pampered, sparties or spa-themed parties can be a fun experience. You can host the party at a small spa where the kids can get a mani-pedi together while exchanging stories. If the spa is open to host a small tea party, prepare a sophisticated spread of mini cupcakes and sandwiches. You can also host the sparty at home by setting up a few foot soak stations and hire a nail artist for the day to do everyone’s nails.

Ballerina Studio

For a girl who dreams of being a prima ballerina someday, host a pink and black ballerina studio-themed party. Request a ballet teacher specializing in teaching young girls to do a small class and provide pink tutus for each guest. Style the venue and the rest of the details in pink and black and let the girls twirl and jump all day. Planning a little girl’s birthday party can bring some pressure, but with these inspiring ideas, you can make your princess’s day extra special and give the royal treatment she deserves on her special day.

August 1, 2018 at 1:00 amLifestyle

You Don’t Want to Regret Homeownership, Do You?

Newly built homeWhile the majority agrees that homeownership is part of their dream, there is an alarming number of millennials and first-time homeowners who reportedly regret their purchase. Several factors make the home purchase worth it, even after a couple of years, so if you don’t want to be part of the statistic, you need to sit down and carefully weigh the pros and cons.

Here are just some things to look into when you think you’re ready to buy a home:

Your Current Finances

You have a stable job, but is it a contractual setup? How secure are you about your source of income? Not only will this affect the kind of loan lenders will be willing to give you, but it will also affect your ability to pay for the loan in the future. That home loan calculator exists for a reason, and Utah residents are advised to use it to see how much they can really afford to put into a home purchase while living comfortably.

Your Source of Down Payment Funds

If you’re thinking of dipping into your retirement funds to pay for the down payment, think again. It’s an alarming move, according to experts, and it might be an indicator that you don’t have a handle on your finances. If your savings cannot cover the down payment right now, perhaps it’s wise to delay your dream of homeownership until your bank account can support it. Otherwise, you’re putting your future at risk, and you won’t feel the fulfillment that should come with homeownership.

Ownership Costs

Renters know they have to call the landlord to have a problem fixed, but that’s all on you if you own the house. If you’re not a handyman, that means getting help, which is not free. This is just one of the expenses associated with homeownership. Even the maintenance of the lawn and the electricity and water bills can surprise you if you buy a house that’s too big all because you wanted to show off to people your age.

There are a lot of points for regret when you buy a home without thinking things through. Don’t let your indecision dampen the joy of homeownership.

August 1, 2018 at 1:00 amMind of Money