With just under 200,000 applications for payday loans in the UK in 2007, the UK has seen a phenomenal growth in the short term loans industry in the past 7 years, with over 2 million applications this last year. It’s an industry which, no matter where you turn, it’s hard to avoid it in some way or another…be it TV advertising, radio advertising or press advertising. It’s an industry which has been met with bad publicity on some fronts, however, on others, it’s provided hundreds of thousands of people a short term solution to their money worries…allowing them to get over any worries in the weeks running up to payday.
Companies such as www.cashcall.co.uk have been a part of this substantial growth in the industry over the past 5 years into what’s notably the UK’s most advertised financial product at this current moment in time. The industry is now worth over a billion pounds in the UK alone and the birth of the companies came over from where they originated in the USA some years before.
What makes payday loans so attractive is the fact that it can often take weeks for a loan to be approved through your bank and, in many instances of financial emergencies, this is simply too long to wait. Many payday lenders can have money in a borrowers bank in just a few minutes and, when compared to the weeks it can take through traditional means, it makes perfect sense to go down the payday loans route. If a short term financial emergency comes up, having money in the bank in minutes as opposed to days (or weeks) is simply a far more attractive proposition!
Whilst we’ve seen such a substantial growth in the last 5 years, the industry looks set to continue at such a rapid rate of growth over the next 5 and it certainly doesn’t seem to be the case that payday loans are going to be disappearing from our advertising space any time soon!
If you’re one of those business people who is always on the lookout for new investments, it’s strongly suggested that you take a moment to consider and research into potential healthcare franchises currently available. For the sake of example, we’re going to take a look at the 247 PHC Nursing Franchise and the 247 PHC healthcare franchise, two franchises from just one provider offering a fantastic opportunity for those looking to launch a business into a rapidly expanding industry.
If we step back and take a look at why healthcare franchises are such an attractive proposition for investors, it’s important to understand the fact that our older population is increasing and increasing rapidly. It’s been predicted that over the next 20 years, the number of over 65’s looks set to increase by well over 50% and we must question whether or not the NHS can handle this in it’s current state. Whilst there’s no doubting the fact that the NHS will have to make some changes to accommodate such an increase in pensioners and those requiring a greater level of healthcare, this is almost certainly going to come in the form of increased budget allocations towards medical care. Will home care and nursing support be funded in the same way? It’s very unlikely and it seems only certain that there will be an increased reliance on private providers.
As an investor, such a reliance on private healthcare means new opportunities and it seems only fitting that the easiest way into the industry is to buy into a franchise. As an example, the previously mentioned 247 PHC has startup costs of just £16,000 and anticipates turnovers of around £300,000 in the first year alone.
As a keen investor, what are you waiting for? The demand is there so make sure you are!
Anyone who has ever been involved with the organisation of a corporate event will know just how much work is involved. The venue has to be suitable and in the right location, the date has to be convenient so that people turn up and the catering has to be of a high standard to impress the guests. However, don’t overlook the importance of the entertainment. Get it right and it will mean the event is a success. Get it wrong and you could find people wishing they were elsewhere instead.
So, what are the different options open to you when organising this type of event? Well the most obvious one is probably a DJ; one who will play a variety of different types of music as well as requests to keep everyone happy. You could select a certain decade if that’s what you prefer, or take a look at a sample song list to make sure everyone’s taste is covered, adding or deleting anything you think would improve the event.
Of course the biggest impact will be created by booking a live band to really impress everyone. Live music creates an atmosphere like nothing else and the choice available to you will be huge. Minimise the chance of picking the wrong band by going through a music agency such as our favourites, A.T. Music Agency. They will have expert knowledge on what is required for your event and will be able to make their recommendations to you based on your requirements. You’ll be able to choose anything from classical music, jazz, or a tribute act to appeal to your guests. Pick for example a Michael Buble or Madonna tribute act and you’ll certainly have everyone joining in, or opt instead for a band that will play everyone’s favourite cover versions all night; you really can’t go wrong with a suitable live band.
Be sure to speak with your chosen act or agency about a PA system. Many corporate bands will carry their own PA system with them and in that instance, you’ve absolutely nothing to worry about however if they don’t, you’ll need to provide one! Of course, that doesn’t have to mean stress and confusion over what you need to hire, however, as the likes of A.T. Music Group (sister company to the aforementioned A.T. Music Agency) offer PA Hire in Essex and London and are perfectly positioned to offer systems for everything ranging from pub shows to your corporate event!
Running a business is never an easy task. It takes hard work and determination to be successful in your desired business. The good news is, thanks to technology, there are a lot of things that can help you out with whatever business you are running. One of best things that can help you is getting a retail EPoS system like the ones from CyberTill!
This week, as our business of the week, we’d like to welcome Edwardes Bros, South East London based electrical wholesalers and suppliers. The company are one of the South East’s longest established electrical wholesalers and are proud to boast a total of three branches located in Penge, Dartford and Maidstone, as well as a fleet of twelve delivery vans which deliver to businesses and tradesmen across the area on a daily basis.
The business was founded upon three core principles of Service, Stock and Competitive Pricing, something which is rarely seen in retail businesses these days. The company strongly believes that by offering an unrivalled level of customer service throughout the whole purchase process, a fantastic level of stock on more than 16,000 individual items and products and highly competitive prices when compared to many leading competitors, they’re gaining a strong competitive advantage and helping to maintain their reputation as the South East’s leading electrical supplier.
When it comes to purchasing either branded electrical supplies or their own brand products, you ultimately need to take the time to check out what Edwardes Bros has to offer. Their product range is simply unbeaten when it comes to other independent wholesalers and there’s very little doubt that you won’t find what it is that you’re looking for. Either in one of their three branches or in their recently re-launched online store, you’ll find a whole host of electrical supplies ranging from SWA cable through to sockets and switches and pretty much anything and everything in between.
If you’ve currently got an electrical supplier of choice in the South East…do yourself a favour and take a look at what Edwardes Bros have to offer. There’s every chance you’ll be pleasantly surprised at both their range of stock and their prices and should you come to order, their excellent level of customer service!
If you are under any stress or distraction, your productivity levels will drastically fall at work. This happens to even the most productive employees and it could be the result of a number of problems such as lack of sleep or family problems, but it could also stem from internal factors in the workplace such as distracting work colleagues. Stress prevents the brain from working effectively but relaxation can dramatically turn this around, all you need to do is find the best personal strategy and you will benefit both in the workplace and at home.
One great way of relaxing is by spending time in a hot tub. You can purchase the likes of a Vita Spa Hot Tub which offer a fantastic solution to enable you the facility to have your own at home. Hot tubs are not just luxury products and a fun way to spend the evening, but it is a proven fact that they have many health benefits. With being able to hire a hot tub nowadays, it means that it can be done on a budget too. Hot tubs improve health problems such as insomnia, stress, and joint pain relief which are problems which could all lead to unproductivity in the work environment. They work by providing three important elements which have been shown to improve physical and emotional health: heat, buoyancy and massage. With prices many hot tubs now classed as affordable to both buy or hire, there is really no excuse if it will show improvements in your career and productivity everywhere.
In my opinion, hiring a hot tub would definitely be the most enjoyable and beneficial method of relaxation, however there are much simpler ways which do not require spending any money such as listening to music. Music has the power to completely transform the way we are feeling and although some professional environments don’t allow it, consider using small headphones or even just listening to your favourite band before you enter the workplace as it will set your mood for the rest of the day.
When it comes to making your money work for you, it always makes sense to take the time to speak with your local independent financial advisor to be able to sit down with them and work out how to get the best return from your money. In the current times of low interest, leaving your money sat in the bank generally isn’t the best way to make your money work for you and, as such, it’s generally the case that you need to be considering investment of some sort to provide the return you’ll likely be looking for. Of course, with any investment opportunity, there’s always going to be some level of risk, however by working with an experienced and professional financial advisor, you can at least do all you can to minimise that level of risk and reassure yourself that the investments you make are sound ones which at least stand a very good chance of making a return for you, especially when you weigh up risk and reward.
In terms of how to select the right financial advisor for you, however, you need to look at what your goals are and select an advisor who you know will help you to meet these. When considering the services of any financial advisor, you need to ask yourself the benefits of them as opposed to anyone else. Take a look at their fee’s, their approach and whether they’re independent or are tied to certain providers. As far as we’re concerned, you should always ensure you’re dealing with financial advisors who are independent so you can be sure they’ve got access to the whole of market for financial products and you should always carry out a bit of research into their approach. Every advisor approaches financial planning a little differently and you need to ensure their practices match with your goals and financial aims.
As an example of a team of financial planners who offer a range of tailored solutions, let’s take a look at Blackpool base Questa Chartered, one of the North West’s only chartered financial planners. Taking a look at their website showcases their range of offerings which include planning for public sector employees, medical professionals, successful individuals and professional service individuals. As you can see, this team tailor their services specifically to the needs of their clients and it’s very easy to see that their solution is there to help those across a wide range of financial situations based on either career or net worth.
When searching for a financial advisor, we couldn’t recommend enough taking the time to meet with a LOCAL advisor as face to face meetings will undoubtedly help your chosen advisor to understand your needs and requirements far better and be able to put together a solution which not only meets but exceeds them and, above all, makes your money work for you!
As far as modernising your commercial property goes, there’s many an argument for doing so! If your own business occupies the premises, you’ll present a far more professional image and increase the morale of your workforce and if you simply rent out the space, you’ll be in a position to command a higher level of rent. Of course, there’s certain things which you need to take into consideration, however and, as such, we’ve teamed up with commercial maintenance specialists, Wilkinson Maintenance, to bring you three top tips for modernising your commercial property.
1. First things first, always sit down with your contractors and put together a plan of action. What do you want to achieve with the modernisation? Is it simply a cosmetic overhaul or are you wanting to use this as an opportunity to restructure the internal space and make it a little more functional? Perhaps there’s things you’ve been wanting to change in there for years but haven’t been able to because of what a big job it is? Perhaps you’re looking to expand and see this as the perfect opportunity to add that extra space to your premises? Whatever your visions and goals are, sit down at the start of the project and define them clearly!
2. Second on our list is be realistic! Rome wasn’t built in a day and significant renovations do take time! You’ll need to have a plan in place to deal with any building work going on at your premises and that can often mean temporarily closing sections of retail space or relocating staff on a short term basis. If you look at it in the way that it’s a worthwhile investment and inconvenience, you’ll be in a far better position to put together a plan to ensure that the building work doesn’t affect day to day business and that things still run as smoothly as possible.
3. Thirdly, it always pays to consider the exterior as well. On so many occasions, it’s only the interior which is considered for modernisation and renovation but what about the outside? Never forget that the exterior is the first thing which potential customers or clients see and, if anything, should be held of at least equal importance. A new shop front or general overhaul could make the world of difference to your premises (or business) and now is the perfect time to do it. See this as an opportunity to completely overhaul both the inside and out of your space and that it will be a worthwhile investment. Don’t be the one who has a fantastic interior but no one understands that because of a let down exterior!
All in all, working with the right commercial contractors can help to ensure you are able to get the best out of your modernisation and that, at the end of the day, you end up with a premises which works for you and your business!
If you’re a brand new business just starting up, you ultimately have a lot of decisions to make. If you’re a products based business, as opposed to a service based business, the first problem which you’re likely to encounter is that of storing stock. It’s not uncommon for businesses in the current digital age to trade solely online, without business premises and, as such, run an e-commerce store from home. Whilst this can work absolutely fine when you’re selling only a handful of products, if you’re selling say a few hundred, stock issues can come around very quickly! You get fed up of tripping over boxes piled in your hallway and your bedroom looks more like a store cupboard than somewhere you sleep! Many of us have been there in the past when we first started our businesses, however one thing to consider is to rent a small storage unit.
You may think they’re simply for household storage needs when you’re moving house and the like, however self storage units which you can find within a few miles of almost any location in the UK, offer a fantastic solution when it comes to storing your business stock! You don’t simply have to use such units for domestic storage as most are more than happy to offer the same services to businesses.
To rent a small storage unit, it shouldn’t cost you much more than £10 per week (using our local firm The Self Storage Warehouse as a reference point) and as far as we’re concerned, it’s worth every penny! In addition to the fantastic prices of most units nowadays, the flexibility is also key to their attraction and as your business grows and your stock levels increase, you should be able to simply upgrade the size of your unit! Most won’t tie you in for more than a month and you’ll find that it’s a fantastic solution for solving your storage needs!
If you’re running an e-commerce store from home, why not contact your local storage unit (you can find a list on Compare The Storage) and give them a call to discuss your needs and requirements?
It happens to us all…the car breaks down or the boiler busts in the middle of winter and we’ve absolutely no money in the bank to pay for it! Even if it’s only a couple of hundred pounds, it can seem a fortune if you haven’t got it and if you urgently need to pay for repairs or similar, you often have no option other than to borrow! For most of us, that’s no issue at all, however what if we have bad credit history? Is it possible to still get a credit card or is the only option we are left with to take out a payday loan? Now we all know how much we should avoid payday loans but do we have any other option of borrowing if we have bad credit? We’ve spoken to leading family site My Family Club to see what the options are and to see more of their tips, visit their website here.
Above all, it’s important to understand that yes, you can get a credit card if you’ve got bad credit but you just need to know that it may be a little more difficult. You won’t necessarily get an instant decision on whether or not you can get a credit card and you may need to provide additional information when applying however in most circumstances, it is possible to still get a credit card. You don’t and shouldn’t opt for the payday loan option as, even though it my be quicker, it’s not a long term solution and you can end up in financial difficulties as a result of them! Seeking a credit card is a far better option and it’s more than likely that you’ll be able to find someone who’ll offer you a credit card, even if you do have bad credit!
It may be the case that you have to simply accept a lower limit and a higher rate of interest but in an emergency, this shouldn’t put you off applying for one when you need it an more often than not, you’ll find you have your credit card relatively quickly! Just be sure that you can afford the repayments and you’ll have nothing at all to worry about!