For any surgeons working in a busy hospital, medical indemnity insurance can be one of the greatest investments. This kind of policy has been something that professionals have been relying on for years now but there are still some people who have never heard of medical indemnity insurance or don’t understand the benefits.
To clear things up, we thought we would cover what medical indemnity insurance is and discuss some of the benefits. Read on to hear more about this.
What Is Medical Indemnity Insurance?
If you are completely unfamiliar with the concept of medical indemnity insurance, then you should know that this kind of policy is there to protect a surgeon if somewhere were to go wrong. This can include things like claims for physical or mental harm when they are treating a patient. In simple terms, you will find that medical indemnity insurance will cover claims of medical malpractice and it can cover a range of other things.
What does it cover?
When you find out more about medical indemnity insurance, you start to realise just how many different cases it can cover. Some of the things that this kind of policy will cover include medical malpractice, professional indemnity and liability for any slander.
As a surgeon, your reputation is also very important and so many medical indemnity policies can help you to protect this and ensure you keep your job. Of course, each policy will be tailored to your circumstances and some cover more than others.
Why Do You Need It?
There are tons of reasons why a surgeon requires medical indemnity insurance including the fact that they are dealing with another person’s life. Many patients who go into surgery are very ill and could potentially die on the operating table. This can create a very high-pressure environment and while surgeons are trained to deal with this, mistakes do happen. In this case, medical indemnity insurance would typically cover any claims.
Additionally, medical indemnity insurance can also give surgeons peace of mind when they are doing their job. If they needed to worry about potential claims and losing their job each time they went into surgery, they might not be willing to take risks that could save someone’s life.
There Are Exceptions
Like any kind of insurance policy, medical indemnity insurance does typically come with some clauses and exclusions. It is vitally important that surgeons who take out this kind of policy read all of the terms and conditions so that they know exactly what they are agreeing to. The last thing you want is to think you are covered to do a certain kind of procedure, only to find out that your policy excludes this.
Reading the terms and conditions on any contract is important but when you find out more about medical indemnity insurance, you will realise just how many exceptions there can be.
Find the Right Insurer
Now that you know a bit more about medical indemnity insurance and some of the benefits that it provides, you should consider investing in one of these policies, if you need it. Many surgeons will be required by their place of work to have a policy like this in place but not all policies are as good as each other.
Take a look at some of the options and find an insurance provider who will go above and beyond to ensure you are covered to do your job. Don’t fall for clauses in the terms and try to find something that is affordable. This way, you’ll be able to put your patients first without risking your career.
Invoicing is a task that many small business owners dread. It’s paperwork-heavy, and clients don’t always pay on time. This leads to cash flow problems down the road and even more headaches. However, a strong invoicing and payment collection process is essential for small business growth.Thanks to advances in digital solutions, invoicing isn’t as much of a headache as it used to be.
Small businesses should back their digital solutions with solid invoicing processes. Follow these 7 tips to ensure smooth cash flow and a process that you can rely on.
Get a signed contract
How can you ensure your clients follow your payment terms and treat you professionally? It all begins with setting expectations. Verbal and other informal means of agreement might seem like the friendly thing to do, but they result in headaches down the road.
Spell your terms explicitly in a contract and have your client sign it before beginning work. By doing this, you’ll ensure that expectations have been set. You’re also projecting a professional image to your clients and are protecting their rights.
After all, a contract protects you from a lack of payment and protects them from receiving shoddy work. A strong work contract is in both parties’ interests so always make sure one is signed.
Think about your payment terms
Most small businesses set payment terms based on their cash flow needs. This process makes sense on the surface. It makes it easier to project cash flow. However, what is ignored is that clients pay according to their schedules and are unlikely to prioritize your cash flow needs when paying.
Smaller clients usually pay quickly, but larger clients that have more involved payment processes take much longer. It’s no good sending out invoices with Net5 payment terms when you know that a large client will pay after 14 days no matter what.
Therefore, think through your payment terms per client. Create terms that are easy for them to follow, and you’ll have more justification to follow up on late payments. Tailoring payment terms to clients doesn’t mean granting lengthy credit periods. It means taking their needs into account along with yours and setting the right expectations.
Use discounts and penalties
The thought of using a late-fee penalty will probably give you shivers and might get you thinking that your clients will go somewhere else. However, remember that you have discretion on whether you need to enforce them or not. You can always give a long-time customer a pass.
However, it’s best to set expectations right from the beginning with new clients. The presence of a late payment penalty communicates that you’re serious about receiving your payment. You’ll find that your new clients will treat you more professionally, and their chances of defaulting or delaying payments will be lesser.
To smooth delivery of the late fee penalty, include an early payment discount as an incentive. Balancing an incentive with a penalty presents a balanced picture to your clients. If you have to charge a penalty, you can always point to your early payment discount as proof that you gave them the opportunity to avoid hefty fees.
Remember when to invoice
Most small businesses present invoices right after delivering their products or services. However, in some cases, monthly retainers might be in place, which bundles all services into a single invoice. Plan your cash flow ahead of time by reviewing all of your invoicing schedules.
It’s helpful to specify payment schedules into work contracts so that you always know when you need to invoice a client.
Use digital solutions
These days there are a variety of tools you can use to manage the payment collection process. You can create a professional invoice using a free invoice generator, save customer details, and track payments easily. Most invoice generation programs allow you to automate payment reminders to your clients via email or text message.
Some businesses still use Excel to create invoices and think they’re using great technology because these invoices are saved “in the cloud”. However, you’ll still have to track all of them manually, and settling disputes can be a headache.
For example, if your customer misplaces your invoice and wants you to resend it, it’s good to have an automated solution that does it for you. Digital solutions also allow you to create dependable audit trails that you can easily verify and reconcile to your bank statements and accounting software. The result is better cash flow prediction and working capital management.
Make it as easy as possible to pay
Give your customers as many payment options as possible. One of the hurdles to timely payment is the need to activate special payment procedures. By giving your clients as many options as possible, you remove these hurdles and collect your money faster.
Payment processing solutions can help you provide a single payment link attached to your invoice, and your clients can pay you using any method they choose.
Store secondary contacts
A common problem that results in delayed payments is the client’s primary payment contact going on vacation or going out of the office. In such cases, following up on payment statuses becomes a problem. It’s best to identify and record the name of the secondary payment contact.
By doing this, you’ll ensure there are no hurdles for you to clear in case your primary contact faces an emergency.
Smooth processes, faster payment
Invoicing is often thought of as a back-office process but it has a direct bearing on your cash flow. Set clear expectations and use these 7 tips to collect payment smoothly from your clients. You’ll be viewed as a professional and will find that your payments will begin arriving promptly.
Robotic process automation has the potential to completely change the way businesses work. Gartner predicts that RPA software revenue projected to reach $2 billion in 2021, which is an increase of almost 20% from 2020. What’s more, the RPA market is predicted to grow at double-digit rates through to 2024. Robiquity explain more about the impact RPA can have on businesses.
The challenges of RPA
Implementing RPA can have huge benefits for businesses of all sizes, but it’s important to have the right foundations in place. This allows the software, or robots, to use the data in order to correctly automate the necessary processes. Without this, it can be difficult to achieve standardisation to ensure inputs are as they should be.
Scaling up RPA should also be undertaken carefully. Consider beginning with simple RPA first before widening the automation scope and introducing additional technologies.
Thirdly, successful delivery is everything when it comes to RPA. Without a smart and proven model, you may not get the results you’re hoping for from your automation solution.
RPA could change the way businesses work for the better, but what difference could it really make?
The impact of RPA
RPA could become instrumental in how a business operates. It is particularly helpful in freeing up employees’ time by looking after the mundane and repetitive processes, leaving staff to work on higher value tasks.
The implementation of robots and RPA could result in heightened morale amongst your workforce, leading to increased job satisfaction. As RPA can help to streamline those more monotonous tasks, staff can focus on more stimulating and rewarding jobs. Furthermore, RPA can help to remove human error, which may lead to a quicker turnaround and better customer satisfaction too.
In some instances, RPA can assist with marketing, increasing your efforts to deliver tailored content. Creating personalised content for a target audience can take time and manpower, but RPA could automate some of the processes. This includes the likes of monitoring customer activity, or even identifying preferences to help you increase the chance of success in your marketing campaigns.
Preparation and prediction are two crucial elements of running a business, but they can be the trickiest. RPA can use past data to aggregate trends and determine what is most likely to come next, allowing your business to be prepared and ahead of the curve.
Cryptocurrencies, especially Bitcoin, have presented an amazing investment opportunity over the past decade, and the Profit Time Machine calculator clearly demonstrates this in monetary terms. According to a recent article comparing crypto and stock investments, the price of Bitcoin has increased during the last 10 years by a staggering 6 million percent!
The Profit Time Machine shows that if you’d bought just $600 worth of BTC back in 2013, you would now be a millionaire! In fact, $5,000 of Bitcoin bought in 2013 would today be worth a colossal $8 million! These huge gains make Bitcoin almost 400 times more profitable than Tesla, which was one of the best performing stocks over that time period.
Even just looking at recent performance, crypto has still yielded impressive returns compared with stocks in 2020:
Netflix up 66% >>>>> Bitcoin was up 302%
Amazon up 74% >>>>> Ethereum was up 470%
Apple up 79% >>>>> Chainlink was up 528%
“So, if you had invested $1,000 in each of Apple, Amazon and Netflix at the start of 2020, it would today be worth just under $5,150. If however, you had put $1,000 into each of Bitcoin, Ethereum and Chainlink at that time instead, you would now have over $42,000! Therefore, the crypto investments would have made you more than 18 times as much profit compared with the stocks.”
If you’re looking for which cryptocurrencies will make a great investment, analysing past performance is a good place to start, and this handy Profit Time Machine tool will do the legwork for you. All you have to do is select a coin, an amount and any date in the past and it will show you what that investment would be worth now, as well as how those returns compare with stocks.
“If you are tired of asking yourself ‘What if…’ and instead want to get involved in this rapidly growing marketplace, use the Profit Time Machine to justify and inform your decision. The figures speak for themselves, and the crypto revolution is only just beginning.”
As ace investor Warren Buffet likes to put it, “If you don’t find a way to make money while you sleep, you will work until you die.”
The “make money work for you” phrase is an inch away from becoming a cliché. Everybody wants to amass wealth while getting their Zs and waking up with more cash in the bank than they had before going to bed.
There is no silver bullet to achieve this freedom or a magic formula that gives investors a single answer. Instead, there are a couple of methods that you can use in combination to deploy funds and earn returns without putting in any work.
Investors must, however, always remember to assess their risk appetite before putting money into any of these asset classes.
It’s assumed here that investors have the required insurance policy set up prior to investing.
Our recommendations are in order of risk—high risk, high return asset classes listed first.
5 Ways to put your money to work
Invest in (Not Trade) Cryptocurrencies
The buzz around cryptocurrency has recently spiked. It had been building momentum since the beginning of last decade, but it now has enough investor confidence to actually produce massive returns.
It’s recommended to NOT trade cryptocurrencies because their volatility can quite easily leave investors with less money than they put in. Instead, investors should use a fundamental approach. Investors must base their decisions on fundamental factors that drive the price of any cryptocurrency—the biggest price-driver for cryptos is demand.
So, what’s hot right now?
Everybody knows about Bitcoin and Ethereum, but few know about their not-so-popular (at least yet) cousin, Chainlink. Before talking about how to buy Chainlink, let’s talk about why it could be a good way to deploy money.
Why is Chainlink good?
Let me give you some data points and a visual. Here’s how much the Chainlink earned for investors over the mentioned time frames:
The prices can be extremely volatile. If you had invested €100 a month ago, you would now be left with €91.9. If you had invested €100 last year, you would now have €1,113.4. This highlights why investment can be more fruitful than trading.
Chainlink prices only started to gain traction around August 2020. The prices have come down from their all-time-high, which means this could be a good time to open a position in Chainlink.
The how to buy Chainlink tutorial is a one-liner: you can buy Chainlink from a cryptocurrency exchange, just like Bitcoin or Ethereum.
I reiterate the importance of realizing your risk appetite beforehand. Cryptocurrency is currently the riskiest asset class. If done right, though, it can make you colossal wealth.
Become a Sleeping Partner in a Business
Next on our risk spectrum are the economy’s money-making machines—businesses. Investing in a business can offer extremely high returns because you assume a lot more risk than investing in a mutual fund or fixed deposit. The smaller the business, the higher the risk.
Another thing to note here is that as a sleeping partner, the investor may not be an active participant in the firm’s day-to-day activities. So, it’s important to come to terms with the fact that you will have little control over the business’ operations.
Let’s nail some basics:
Limit the liability: Partners of a partnership firm are personally liable in case of bankruptcy. It is always prudent to limit the liability while drawing a partnership deed. It’s best to have a professional take care of this.
Due diligence: Businesses can be vulnerable to several kinds of risk including operational and financial risk. Before investors put their hard-earned money into a business, they must analyze the financial statements to gauge the potential return on investment. During the analysis, investors should pay due attention to not just general, but industry-specific risks as well.
Are the partners trustworthy?: As a sleeping partner, an investor will have a minimal role to play in the business. Investors will leave their money in the hands of other active partners. Unless there is trust among the partners, it is unlikely that the partnership will last long.
Owning a business can generate one of the greatest ROI digits for investors in the long run. Take the leap of faith only when you’re completely confident, though. Investment in a business is illiquid, so investors looking for a short-term or liquid investment may want to look at other options in the list.
Alternative Investments
Alternative investments include real estate, art, private equity, and the like. These investments are risky and illiquid. Selling a house takes months, if not years. Given their high risk, they also have the potential to generate mammoth returns.
There is also a barrier to entry with alternative investments because they often require a large amount. This issue has been partly done away with for real estate investments with the growing popularity of REITs, though. Think of REITs as a mutual fund for real estate. They offer liquidity and make real estate investment accessible for small investors.
The latest wave in alternative investments is non-fungible tokens (NFTs). An NFT is a blockchain-linked digital asset that is generated cryptographically. In fact, just 6 hours prior to this writing, Elon Musk (who else!) tweeted out that he is selling an NFT-themed song about NFTs via NFT.
Note that this is not the most ideal category for beginners. Beginners are better off with mutual funds and fixed-income investments. Speaking of which…
Invest in Equities and Mutual Funds
For investors keen on investing in a business while still retaining the ability to liquidate in minutes—equities are a perfect fit.
When you invest in the equity of a corporation, you derive the benefits of the business, and you reserve an option to exit the minute you feel you want out.
Why are equities listed after business in terms of risk?
Equities are high-risk assets too. However, investors can diversify their equity investment portfolio far more easily than they can diversify their business’ product or service portfolio.
Many investment platforms will give investors their portfolio’s standard deviation as a measure of risk. That being said, this is a dynamic number that changes with changes in factors like the country’s economic landscape, industry regulations, or just the market’s “sentiment.”
A shortcut to managing risk
Adriaan Van Ketwich, a Dutch businessman, introduced the world to its first mutual fund in 1774 precisely for this reason. Most investors can’t actively manage their portfolio–some lack knowledge, and some, time.
Mutual funds are managed by qualified investment professionals appointed by the fund house (or AMCs, i.e. Asset Management Companies). They operate under a regulatory framework established by the country’s governing body (FCA in the UK). Put simply, mutual funds pool money from investors and invest it in equities (or bonds). They charge a small fee for this, but it is rarely a significant amount unless your investment is in millions.
Evidently, mutual funds can make smart investors a lot of money:
An investment worth £100 in Quarter 1, 2020 in the Premier Miton UK Smaller Companies Fund would have grown to £240+ in a year. That’s more than a 100% return on investment! To be precise:
That being said, the Premier Miton UK Smaller Companies Fund is a high-risk fund given it invests in small companies, and therefore, the returns generated over various timeframes may fluctuate significantly.
Investors who are wary of the fees charged by AMCs may want to consider investing in Index funds. These funds are passively managed and track a benchmark index, like the FTSE SmallCap.
Invest in Fixed-Income Securities
This is where investors would want their money to be if they’re closer to retirement. Even young investors should have some fixed-income investments in their portfolio to keep the portfolio’s standard deviation in check.
Investors may choose to invest in these fixed income securities, as listed in order of risk and return potential, with high-risk securities listed first:
Corporate Bonds (maybe further classified in terms of risk with ratings like AA, AAA, etc.)
The driver of risk and return for fixed income securities is its duration and rating. Duration is a metric used to measure the risk of fixed income securities, while a rating is assigned to fixed income securities by credit rating agencies like S&P and Fitch Ratings.
Double Down on Debt
A penny saved is a penny earned. Always consider the opportunity cost of investing in any securities discussed above. If an individual has savings worth €1,000 that he wants to invest in equities with a target return of 12% p.a., while he’s paying interest at the rate of 20% p.a. on his credit card debt, his opportunity cost of investing in equities is 8%.
In simpler words, using those €1,000 to pay off the debt will leave him with more money in hand than investing that money in equities.
The only place you should put your money in when you have outstanding debt is insurance.
Conclusion
Making your money work has become astonishingly simple over the past few decades. You can invest or redeem your investments at the press of a button, and access information whenever you need it.
Before you hop onboard the investment train, make sure you have the 2 essential elements of the equation figured out: insurance and debt. The first step is to make sure that you have a life and health insurance policy to take care of your family even in your absence. Next, fight out any debt that is eating away your income.
When you have insurance coverage and are debt-free, you can make your money multiply without even moving.
Humerus fracture occurs in the upper arm bone and due to this, it is also known as upper arm fracture. Humerus runs from the shoulder and shoulder blade to the elbow. Surgical treatment of upper arm fracture may involve the use of orthopedic devices like Titanium Elastic Nailing System, Locking Plate, or Bone Screws.
Humerus fractures can be classified into two categories:
Proximal humerus fracture
Humerus shaft fracture
Proximal Humerus Fracture
In proximal fracture of the upper arm, the bone break occurs at the upper part of the humerus. This condition is known to reduce the ability to move the shoulder.
Humerus Shaft Fracture
This type of fracture is known to be a common one. Humerus shaft fracture occurs at the middle of the upper arm.
Causes of Humerus Fracture
Humerus fractures generally occur due to traumatic injuries like falling on the outstretched hand, automobile accident, or injury during sports. Upper arm fractures can also occur due to low-impact accidents, especially in elderly people.
Symptoms
Symptoms of humerus fractures will depend upon the type and severity of the condition. Below-mentioned are some of the common symptoms that are seen in the case of humerus fracture:
Pain at the site of injury
Bruising and swelling
Difficulty during shoulder movement
Feeling of grinding sensation during the shoulder movement
Occasional bleeding in case of open fracture
Inability to use the arm normally in case of nerve injury
Diagnosis of Upper Arm Fractures
After a physical examination and noticing symptoms, the orthopedist will suggest an X-ray to see the exact location where the bone break has occurred. In the maximum number of cases, humerus fracture is easily diagnosed with the X-ray examination, but in certain cases, the doctor may also indicate a CT scan.
If the symptoms and examinations done by the orthopedist indicate that the patient may be suffering from osteoporosis, then a special test named dual-energy X-ray absorptiometry may also be performed. This test will confirm the occurrence of osteoporosis.
Treatment of Upper Arm Fractures
Depending upon the type of fracture, the treatment may be done either surgically or non-surgically. Let us see the treatment of humerus fractures based on their classification:
Proximal Humeral Fracture
In case of non-displaced proximal humeral fracture, non-operative treatment is preferred. This is because, in non-displaced fracture, fractured bone fragments do not leave their position. During non-operative treatment, a sling or shoulder immobilizer is applied with no shoulder mobility for at least two weeks. After that, the patient may be suggested to perform specific exercises for improved and quick recovery. To check the progress of fracture healing, a periodic X-ray examination will be done by the doctor.
In displaced fracture condition, surgery will be done to realign & fix bone fragments using Bone Plates & Screws. Siora Surgicals is one of the top Orthopedic Products Manufacturers in India that offers an international quality range of trauma implants.
Humerus Shaft Fracture
For the initial management of humerus shaft fracture, a temporary splint may be applied to hold the elbow bent at 90 degrees.
In most cases, fracture bracing is applied for treating the fracture without surgery. After three to four weeks, the bracing is replaced with a cylindrical brace that will set the elbow free. With time, the doctor will suggest certain exercises to restore muscle strength and flexibility of the joint.
In severe cases, internal fixation may be done using Bone Plates, Screws, or Elastic Nail. After surgery, the doctor may suggest the use of a sling to ensure comfort and better arm support.
Recently, cryptocurrencies have been the talk of the town. A lot is going on concerning this new form of tender. Many investors and speculators are jumping into the game to trade cryptocurrencies and make huge profits because of the volatility that has been seen when it comes to cryptocurrencies in recent years. It would be a sound decision to get yourself educated on the topic with the help of a cryptocurrency trading course.
What is the technology behind cryptocurrency?
Cryptocurrencies are digital tender, and these are mind using special purposed computers. Anyone with a proper setup can participate in cryptocurrency mining and the most important piece of technology in this process is a graphics card. Since it is very difficult to create unique items digitally, cryptocurrencies carry a ledger for their unique identity.
Real-world application of cryptocurrency
Digital tenders can be very flexible when it comes to payments and storage. Though the greenness of this tender is still in question, the future possibilities cannot be denied. Cryptocurrencies are accepted by companies that include Wikipedia, Microsoft, AT&T, Burger King, KFC, Subway, Twitch, Pizza Hut, Norwegian air, Gyft, The Pirate Bay, Express VPN, etc. This is a list of companies with very diverse sets of core business. This diversity in the usage of cryptocurrency exemplifies the usefulness of a currency that is digital.
Cryptocurrencies: Legal or not?
Multiple economies around the world are sceptical towards cryptocurrencies. The question is not about its legality or its functionality; instead, it is a question of who controls this new technology which is very useful to the common people around the world. One such example would be the People’s Republic of China. The Government of China has declared cryptocurrency as an illegal tender. But, at the same time, they have been working on their cryptocurrency.
This has been done to have total control over the cryptocurrency market in the country. This implies that a time would come when countries would start using these digital tenders in day-to-day transactions. So, it is better for an early adopter than to suffer as a laggard.
Cryptocurrency in the UK
The United Kingdom has not been very open about cryptocurrencies, but the London Stock Exchange has been granting IPOs (Initial Public Offerings) to companies that are pro cryptocurrency. A large market is in creation for cryptocurrencies all around the world and there is a reason to believe that the London Stock Exchange and New York Stock Exchange would not stand in the way of this great technology.
Benefits of pursuing a cryptocurrency trading course
Recently, Bitcoin (a cryptocurrency) reached a market cap of $1 trillion, which is larger than the likes of Visa. It would be a great time to adapt to the changes that are foreseeable when it comes to the future of cryptocurrency trading. A course that takes you through the basics of trading in Bitcoin, Ethereum, Litecoin, Dogecoin, etc., would be bliss for a market participant.
For sure, you’ve heard about the enterprise of flipping houses. It’s a rather popular way of making a profit in real estate. House flippers purchase a home, make improvements on it, and sell it for a price higher than the amount they bought it. The duration of the sale should – ideally – take no more than a year.
Besides flipping houses, did you know that you can also flip vacant land? Yes, flipping vacant land can also be an excellent way to make money. If you want to learn how to make money by flipping vacant lots, read these tips below.
Find Affordable Vacant Land
Nowadays, it’s fairly easy to look for low-priced vacant land that you can resell for a profit. And, of course, we should be grateful for the internet for that!
Although you can now find affordable land with less hassle, it’s still crucial to know what type of vacant lots you want to purchase. In this way, you can utilize the right platforms and tools that can help you find the type of land you’re searching for.
While there are listing sites that offer general land type selection to buyers, there are platforms that provide a more specific catalog. For instance, some online listing websites cater to buyers of recreational land, farmland, residential land, or commercial land.
Moreover, you can visit websites and social media pages that catalog off-market vacant lots or those properties that aren’t advertised publicly. Real estate builders, contractors, individual realtors, and real estate auction houses have more knowledge about off-market properties. So, make sure to go to their websites or follow their social media pages.
Off-market vacant lots are way cheaper than those properties that are publicly advertised. Therefore, they’re great for land flippers who want to make more money.
Buy Only Verified Land
Land disputes become more common when the land market is at its peak. Kudos to those people who acquire property free of any legal disputes since that would be a no-small achievement nowadays.
However, there are several ways to prevent yourself from getting into a legal mire when purchasing vacant land. One way is to ensure that the land title is genuine and has no legal problems whatsoever. For land buyers who want to resell the property they just bought, confirming the authenticity of the land title is a must.
It’s also crucial to obtain an encumbrance certificate to ensure that the property doesn’t have an uncleared loan or pending mortgage. Asking the previous property owner for tax slips is another essential tip since tax slips are proof that the land in question is registered legally.
Selling legally verified vacant land is a lot easier because buyers will prefer it over a property with legal issues tied to it.
Entitle Land for its Highest Use with the Help of an Expeditor/Architect
It’s essential to entitle the land for its highest use after purchasing it. In such a case, you want to get the services of an architect or expeditor. By this process, you can determine the best potential of the property in terms of its development per land use and local zoning laws.
Furthermore, it’s one way of knowing the value of the land and how financially feasible it will be when building on it or developing it. Thus, it’s time to hire an architect or expeditor to entitle your land for its best use.
Make Some Improvements
Land buyers will get attracted to a vacant lot that underwent essential improvements. If you’re the property owner, making improvements on your land isn’t so hard a task to tackle.
You can make the property look presentable by cleaning up its premises and surroundings. Get rid of the trash, fallen leaves, tree branches, debris, and other clutter. You can also trim the grass and plants and cut back the weeds.
For areas where there’s soil erosion or uneven surfaces, you can fill them up with soil. It’s also crucial to fix damaged fences and gates.
Buyers might also want to see plants, flowers, and trees on the property. So, make sure to have and organize them in a way that’s pleasing to the eyes.
List the Land for Sale
Pricing the land according to what it’s worth is crucial. You can work with a realtor or hire an appraiser to know the market value of your property. It’s recommended to have multiple appraisals on your land.
You should list the property on multiple listing sites. Make sure to write an awesome and honest description of it. Also, don’t forget to include professional photos because they can help persuade buyers to purchase your property.
Takeaway
Flipping vacant land can be an excellent way to make money. However, you should learn how to increase your chance of success in this enterprise and maximize your profits. Make sure to take note of the tips mentioned in this article for that purpose.
Managing our finances always prove to be taxing and insurmountable at times. Detailing every single dollar that comes in and out of our accounts is just too much. But, it doesn’t need to be that difficult. With the help of personal finance apps, you can now manage your finances effectively.
Personal finance apps can help you with a lot of things. They can connect with your bank account and help you monitor your spending. They can also keep track of upcoming bill payments, check your credit score, help you out with a debt repayment calculator or any financial calculator, and even pinpoint specific expense categories that you have been spending on.
Some personal finance apps even provide clients with various features that can accommodate their needs. This includes bill due dates, email reminders, shared wallets, track subscriptions, and others. Below are some of the best personal finance apps you can check out:
Mint
Mint is the most popular personal finance app in the market today. Intuit developed this app, and it is absolutely free to use. Moreover, Mint has multiple features that can help you understand your finances much easier.
For example, after you connect your personal accounts to the app, it will automatically use that information to make suggestions about the best budget options that fit your current financial situation. The app will also categorize the budget options into “entertainment,” “lifestyle,” and others. You can then freely use the data to decide what area of spending you should cut back on to save more money.
Recently, the app has introduced access to your credit score. This will allow you to know the breakdown of the factors that influences your overall credit score. Also, because of this, you can now find ways to improve those factors and eventually improve your overall credit score.
You Need A Budget (YNAB)
One of the things YNAB asks you to do is to prepare a budget goal, such as a major expense or a holiday. After that, you will then be asked to link your accounts, and YNAB will then import all of your transactions. They will then give you the option to assign each of the transactions to a specific category.
Your account balance will also be incorporated through the app. It will be brought to a debt manager to give you an accurate idea of your financial status. Once that is done, you can freely check your detailed financial reports to know how much you have spent.
YNAB stated that an average new user could save up to $600 in the first two months of using the app. This computes to about $6,000 a year. However, it is best to know that this app is not free. You will be required to pay about $6.99 per month.
Quicken
Quicken has been in business for more than 30 years. It is trusted by over 17 million members globally. That is why it is considered one of the best personal finance apps worldwide.
In order to use Quicken, you might need to pay with cash first. However, don’t be discouraged. This is because Quicken can provide you with a 30-day full money-back guarantee if you think the app is not right for you.
Quicken has features such as investment tracking, payment tracking, budgeting, and it even safely stores all of your data. Moreover, Quicken also now offers credit cards for all of its members. By using the credit card, you can now monitor the pending transactions, purchases, budgets, bills, and spending habits.
Prism
Prism has a goal to eliminate the need to log in to different financial accounts just to get a glimpse of your current financial situation. This app was developed to allow its clients to view and pay all of their bills in one location.
Setting up your account in Prism might take time. However, once you have successfully done it, the app will automatically send you due date reminders and will even pay your bills if you want them to.
Just like any of the apps on the list, Prism can let you view all of your financial accounts. However, what makes this app stand out is the payment management and bill tracking feature they offer to its users.
Spendee
Spendee is an app that can allow you to manage shared expenses or open shared accounts you have with friends or family members. You can opt to link all your personal accounts and vital data to this account to get started. Once that is done, Spendee will use the information and translate your current financial status into something easier for you to understand.
Spendee can help you out if you find it quite challenging to set up a budget. Not only that, this app also has a bill tracker. This means you don’t have to worry about forgetting your bill payments any time soon.
Apps Make Financial Management Easy
If you opt to manage your finances on your own without any help, it can be challenging. However, with personal finance apps, managing your funds can now be easier than before. Not only that, personal finance apps can help you stay on top of your finances and can provide a glimpse of where you are financially, even in just a few seconds.
Custom size, custom printed wholesale boxes are available for your products. Printing and packaging companies are specialized in custom printed packaging and die cut mailer packaging boxes, so experts receive many questions by phone and email. On average once a week expert is asked some dissimilarities of the following: “Is custom printing less costly if you go with a standard, stock size?”
That shows a basic misunderstanding of how custom printed packaging boxes are printed. Although there are brands that will make inkjet or post print packaging boxes that are already developed, that process has restrictions and can be very expensive.
Like us, most brands use a much faster flexographic method which results in a much more reasonable cost because the copy is pre-printed on the board before it is developed into packaging boxes. In simple words, custom printed packaging boxes are generated for a custom order, so there are no stock or standard sizes. By the way, this also means you can get the same size you require, not just something that is “close and present.”
Custom Printed Corrugated Mailers, Reason for Affordable Printed Packaging:
Most people are charmingly surprised when they get how comparably inexpensive custom packaging boxes can be. It helps when professionals help them realize their “plain” packaging boxes are really already printed. When you glance at the outside bottom of most packaging boxes, you will likely see a developer’s cert stamp, an eco-message, a recycled logo, or perhaps a developer’s name printed there. Your packaging boxes may not be printed with your copy, but they are already printed by and for the box developers. Since printing is already part of the developing process, your copy can generally be added simply and reasonably. Most stocks die cut mailers are not printed, but it can be added with a comparably small, onetime financing in a print plate.
Why Does Ink Coverage Have Slightest Impact on the Price?
Another very usual question generally asked about die cut mailers is, “How much more is it if you print brand logo on all four sides, and not just two?” Like packaging boxes, die cut mailer boxes are printed before they are generally transformed into packaging, so every panel is printed concurrently and at the same “cost.”
The print plate cost might be strike by a flood coat or substantial ink coverage, but that is a one-time cost. If the packaging price is influenced at all with heavy ink coverage, the distinction is pennies and the expert’s advice is usually “go for it.”
Why Do So Many Businesses, Not Deal with Custom Printed Packaging?
Some considered customers question why so many businesses do what we do and why some very large “stock box” internet sellers do not deal custom printed packaging. The sincere, straightforward answer is that selling custom printed packaging boxes takes a lot more time and conveys greater risk.
The time needed – A new or first-time custom printed project takes a lot more time because of the number of instructions involved. Professionals work very hard to make it as pain-free as possible for the buyers, but there is no question that the agreements for the vital proof, plate, and colors engross time. In some situations, press compliances are done as experts actually supervise the job being run on the press. Professionals look at all this as financing of time that is designed to result in completely customer satisfaction and a long-term connection with valued customers.
Potential Possibility – Packaging boxes that are printed imperfectly or incorrectly will only have scrap value, so the stakes can be high. However, suppose you as an expert, resist the urge to cut corners and follow your “customer friendly” process to the letter. In that case, designers eliminate the possibility and end up with a happy client and end-users.
A Slogan to Meet Up To:
One of my all-time favorite advertising slogans comes from Sym’s Clothing, known for “An educated end-user is our best customer.” We also agree with that philosophy full heartedly and feel a wholehearted responsibility to help enlighten a market that has been misguided or even misleads into trusting custom printing is costly and hard to accomplish.
On a regular basis, and as often as possible via our script (blogs and articles) or in presentation, we demonstrate that it is simply not right. Professional’s aim is always to help their customers make instructed decisions about their packaging.
Experts are well aware of the style setting strategies and they work on those strategies to boost your brand reputation. Get your custom created packaging boxes for the advertisement and exhibition of your products printed with your brand’s logo and theme colors. Because the outlook and exclusive packaging force the buyers to have a glance at the items. The entire printing and packaging of the custom packaging case that fits the goods catch the potential customers’ attention before buying decisions.
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