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LEAD YOUR BUSINESS

If you own a business you know the value of it. It is something that you have given birth to and taken care of, for quite a long time now. It is something that you love with all your heart and soul. You have given your ideas, your effort and your precious time and watched it grow and prosper. Without your business, you see an emptiness, and you wish to lead your business to glory more than anything in the world.

If you want to become a successful business leader, you need to work methodically. Without taking certain measures, you cannot lead your business successfully. Here are certain tips that’ll help in your business leadership skills:

YOU HAVE TO LEAD BY EXAMPLE: If you want to be a good business leader, there’s one thing that you must understand. You have to be the example for the people you want to lead. Without you working as an example, they would be clueless about what to do. It is your business, and you have to take a step for your entire team.

PASSION FOR YOUR BUSINESS:Without passions, everything is dull. Passion brings spice to life. If you are doing a certain job without having any passion for it, the job won’t yield enough results for you. The same goes with business. If you do not have enough passion for your business, then your business simply cannot prosper. To help a business prosper, taking interest in it and working with patience, practicality and passion is extremely important.

ORGANIZE YOUR STUFF: Organizing your thoughts and ideas for your business can go a really long way for you. Organizing means putting things in place, and is very important for your business. Nothing progresses in a haphazard manner. There should be a systematic way you do your things to make sure the production is continuous and the work life is disciplined.

TAKE RESPONSIBILITY: If you’re the team leader, it is important for you to feel an equal part of the team. If you lay back and give the work to your team mates, nothing productive would come out of such a venture. If you want to be a proper leader, you need to feel, think and act like a team leader. You have to take certain responsibilities for your team. You need to play your part, support and share both the work and responsibility with the rest of your team for a productive outcome.

COMMUNICATE PROPERLY WITH YOUR TEAM:Nothing works without proper communication. If you want to be a good team leader, you need to communicate properly with the rest of your team. Communication paves way to a better understanding, and the better the understanding, the better the outcome. If you communicate properly with your team, you can share your grievances and your problems quite openly with them. With this method you can pave your way to a better relationship with your team, which is imperative for a decent outcome.

CONCLUSION

The above listed ways can help you become a better team leader. Audit firm

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How to Substitute Olive Oil for Butter When Baking?

Baking substitutions can be tricky, so get to know your ingredients before making any changes.

If you’ve ever made an olive oil cake and enjoyed the results, you might want to try other baking recipes that call for olive oil, but is it a simple swap? In any event, keep in mind that olive oil can be substituted for butter in most baking recipes, but not all. While butter is ideal for baking, there’s no denying that olive oil contains better fats and polyphenols than butter.

Olive oil is another option that gives baked items a unique depth of taste. Let us know how to Change from Butter to Extra Virgin Olive Oil in this article.

If a recipe asks for melted butter, you can safely substitute olive oil. Firmer cakes, muffins, quick bread, brownies, and granola are examples of baked foods that are moist and thick. Olive oil, on the other hand, isn’t a good substitute in recipes that call for room temperature butter; these recipes nearly usually include a creaming stage, in which room temperature butter and sugar are mixed until light and fluffy.

The flavor of olive oil shines through in baked items, affecting the overall flavor. For baking and cooking, the test kitchen always opts for high-quality extra-virgin olive oil. The biggest health advantages and purity are found in extra-virgin oil. Within this category, each brand and type of olive has its flavor profile, which is where the baking options come into play. Taste the oil before using it in baking. If you don’t like the flavor of the oil on its own, don’t use it in cooking or baking.

Here are some guidelines for using olive oil instead of butter:

  • Take precise measurements. Use three-quarter olive oil with butter. Use 6 tablespoons of oil instead of 1 stick of butter in a recipe that asks for 1 stick of butter.
  • For savory dishes with meat or vegetables that are cooked on the stovetop or in the oven, you can nearly always substitute olive oil for butter. Remember that extra-virgin olive oil has a distinct flavor that differs from butter. An olive oil’s flavor can range from strong and peppery to smooth and buttery, depending on where the olives were grown. You should taste the oil before using it to see how it will affect your recipe.
  • Use somewhat less olive oil than butter for effective baked items. Use three tablespoons of olive oil instead of one-fourth cup or four tablespoons of butter in a recipe that asks for one-fourth cup or four tablespoons of butter.

Therefore these are the particular methods to bake using olive oil instead of butter.

Stephanie L. McJury: Importance of Relationship Building with Clients

With years of experience under her belt in the hospitality field, Stephanie McJury is using that experience to help others connect in a positive way with their clients and customers. It is important to establish a good working relationship to help facilitate repeat customers and clients that help a business to thrive. Whether the time spent connecting clients or customers is a short amount or a lengthy relationship, there are many things that can be done to foster a good and successful relationship.

Good communication is imperative for any relationship, including that of a business owner and its customers and clients. Stephanie L. McJury said the main thing is to provide clients with several ways to communicate, such as cell phone numbers, email addresses, and office numbers to key people at the company or small business.

Secondly, it is important to stay positive in the way that you handle situations with clients, even when there is some sort of problem that needs to be solved. It is important to always present a positive environment, so clients feel free to talk about the issues to help come up with a remedy. Stephanie L. McJury said you should also share knowledge on a regular basis with customers so they better understand the details that are needed to conduct your business and the reason why things are done a certain way.

Stephanie McJury said it is important to learn and understand the needs of your clients so you can meet them where they are to achieve success in your business endeavors. It is also important to be open-minded with your customers or clients so that you are more open to their ideas in suggestions which may be better than your original ideas in some cases. She said you should always remain human with your clients by giving a personal touch to everything you do for them or for your customers so they feel a stronger connection to you and your company.

It is extremely important to learn the needs of your clients or customers so that you can cater each project or product to those specific needs so that they can be fulfilled and your clients or customers will return to you for your service or products in the future.

Stephanie L. McJury also reminds company officials and business owners that clients come to you because of your expertise in a certain area through your services or products, so be sure to provide consistent messaging to your clients and customers on a regular basis, so you all stay on the same page.

She cannot stress enough that to succeed in business, you must be in tune with your clients or customers and their needs on a regular basis.

Why is Andrew Binetter the best?

Andrew Binetter is a visionary businessman and company leader who has witnessed various business ideas come and go. Binetter earned a Bachelor of Marketing degree from New South Wales University in the late 1980s and a Master of Management degree from the same institution in 1997.

He enrolled in the academy’s Masters’s program a few years later, which was a collaborative academic initiative with the College of Sydney. Binetter’s academic training enhanced the mentoring and business skills he had already acquired, stylizing his voyage into a profitable venture. Here’s why Andrew Binetter is the best.

Best Known For

Andrew was the co-founder–and later CEO–of Nudie Foods Australia. He previously served as the Director of the Australian Fruit Juice Association. The entrepreneur is perhaps most known for his work in the organic beverage market, where he has established multiple profitable businesses. These jobs, as well as the many others he would hold throughout his distinguished career, provided a great opportunity for him to put his ingenuity and unique marketing strategy to good use.

Early Business Ventures

Binetter developed a keen interest in studying as a young professional. He began his career selling running shoes at a well-known Australian retailer. He gained excellent commercial and management expertise throughout his time there. Andrew’s contemporaries in the market recognised his abilities and predicted his triumph throughout his career.

His first business venture was Tamarama, a small 100 percent natural juices company that grew to become Australia’s largest juice producer and distributor. Tamaramaseverald several customers in the hotel and air travel gastronomy service sectors.

Breakthrough

He was one of the founders of nudie Foods Australia in the early 2000s, and from 2005 to 2007, he served as the company’s President. The company started relatively small but quickly grew in sales income and production, eventually earning international recognition in the form of two Australian Beverage Awards.

Investment managing roles

He took an investment management role with Whitlam Turnbull, an investment banking firm. He developed the ability to spot emerging foreign markets and purchase them for commercial investment purposes. Andrew began the real estate specialty in Auckland, where he quickly rose to the position of managing a number of large industrial land projects in the Sydney area.

Present Role

Andrew Benetter is a managing supervisor at a commercial producer of pre-cooked pasta and grain commodities for local eateries, in addition to his endeavors in the investment services market. He always expresses the vast knowledge that has helped him become a leadership legend whose achievements are recognised all over the world.

Blazo Gjorev Talks About How Knowledge Enhances A Leader

There are many skills that a leader needs, financial knowledge being one of them. According to Blazo Gjorev, financial knowledge contributes to a leader making smart choices in the workplace. Leaders with financial knowledge always analyze how certain decisions will impact the day-to-day running of the business. In addition, it promotes communication with stakeholders and makes leaders more competent and confident in their roles. Here is how financial knowledge makes one a better leader.

Good Use Of Resources

One of the challenges that businesses face is the scarcity of resources. That means making good use of the little that is available. Whether you want to invest in a simple printer or get into a new market, you need to build a business case. If you understand how cash flows through the business, you will easily show why that particular investment will bring in returns. For instance, if it is getting into a new market, what makes location A better than location B. Weighing options ensures that resources are put to the best possible use.

Easily Meet The Needs Of The Workers

Financially literate leaders will respond to and satisfy the needs of their employees using the available resources. Blazo Gjorev says that through in-depth financial knowledge and good budgeting techniques, a leader will know how to share resources equitably to meet the needs and goals of the workers.

Ability To Forecast

To determine the current worthiness of assets and projects, Blazo Gjorev says that one needs to examine how certain issues may change in the coming months or years. Financially savvy leaders aim to make decisions that benefit the company both in the short term and long term. They use the data available and assumptions to forecast outcomes. They will weigh the benefits and drawbacks of projects using various factors like existing earnings metrics to calculate whether the project will still be viable in the future.

Assess The Financial Health Of A Company

One of the advantages of financially literate leaders is that they understand financial statements. This is a much-needed skill as it allows one to make solid decisions. To evaluate how a department or business is doing, there are three financial statements that one needs to know how to read and interpret. That is the

  • Balance sheet: A statement showing the financial position of a business at a particular time.
  • Cash flow statement: A report showing how much cash the business has generated over a certain period.
  • Income statement: A report summarizing the company’s earnings minus expenses over a particular time.

A leader that understands the data in these reports is in a better position to know the current financial position of the company.

Blazo Gjorev recommends all leaders work on their financial skills. The world is changing and it is not just enough to keep making decisions using the knowledge you had a few years ago, he adds, You also have to keep up with financial trends if you want to become a better leader.

Read books, attend seminars and listen to financial gurus. You will be in a better position to lead the company in the right direction.

How options can lower risk in Hong Kong

Options are one of the most effective ways to diversify, and they can even help reduce risk. Hong Kong has had an excellent track record, and people may want to invest in it, but there’s more than just investing in the stock market. 

One type of investment people could put their money into is options, which give you the right to sell at a specific price for a set period, as long as they’re below that price during that time. It reduces unnecessary exposure to losses and gives you access to gains from other parts of the Hong Kong economy should prices rebound higher.

Options are an increasingly popular method of hedging risk for people living in Hong Kong. By using options, investors can protect their investments without selling their assets. Options contracts allow the purchaser the right but not the obligation to buy or sell an underlying asset at a later date at a previously agreed-upon price. This gives them downside protection if the market moves against them while retaining upside potential should things go well. 

Benefits of investing in options

There are many benefits to using these contracts, including higher potential for capital appreciation and limited downside. These options are not as susceptible to large fluctuations in the markets. They also allow you to participate in other areas within the economy should prices rebound higher.

Diversifying your investments in Hong Kong

Diversifying your investments can lessen risk and increase return potential. In the world of business, there are many options that you can choose from when it comes to diversifying your portfolio. Hong Kong stocks offer a great case study on how diversification through options can lower risk in trading strategies.

Hong Kong is a city rich with economic history and opportunities for growth. It has been heralded as one of the best economies in Asia, mainly because it does not have heavy exposure to China’s growing pains which have been widely publicized as problematic for both investors and companies alike within the country. 

An excellent way for investors to help expand their portfolios would be investing in Hong Kong stocks, as they provide you with an excellent opportunity for growth and access to better diversification options.

Put Options

One option that investors have when investing in Hong Kong stocks is the use of put options. Put options give investors who possess them the right, but not the obligation, to sell an asset later and at a pre-determined price called a strike price. 

If the underlying security falls below this strike price during the life of the contract, then holders can choose to exercise their rights to sell their shares at this pre-determined price, thus mitigating risk on the downside while still being able to participate in some upside should prices climb? 

There are many benefits to using these contracts, including higher potential for capital appreciation and limited downside. These options are not as susceptible to large fluctuations in the markets. They also allow you to participate in other areas within the economy should prices rebound higher.

In conclusion

Those who invest in Hong Kong stocks should consider adding put options into their portfolios as a means of diversification that includes risk mitigation by having a safety net against significant downturns. Not only will this help reduce some market exposure, but it also provides you with an opportunity to participate in other areas within the economy should prices rebound higher, thus allowing for more upside potential. New traders are advised to use an experienced and reputable online broker from Saxo capital markets and trade on a demo account and practise different trading strategies and build your trading confidence before investing real money.

Tips on how to make your resume shine

A CV is a powerful tool that can be used to get an interview for any job. You should create one if you want more than just your qualifications highlighted on paper, or maybe as part of getting some automatic entry into certain careers like engineering where there’s often only one position available at each company!In this article, we’ll outline some tips on how to create a CV that will stand out from the crowd.

Tailor your resume to match the requirements of each job you apply for

It is highly recommended to tailor your resume to match the requirements of each job you apply for. Doing this shows that you understand what the position entails, and it makes it more likely that an employer will choose your resume over someone else’s.Use keywords that reflect the type of position, skills and experience that are needed.If a company asks you to send a cover letter, address it to someone specific and mention something about the ad or position that caught your eye.For a professional document, there are a lot ofonline tools which help you create a cv online uk.

Use keywords throughout your resume to help it stand out in applicant tracking systems

Keep your resume keywords consistent throughout your document. This is one of the most important things that will help you land your dream job.If your resume has keywords from the job description, it is very likely that you will get the job fast. In fact, applicant tracking systems use keywords to sort documents into different bins for each position. Moreover, according to a recent study by Jobvite, resumes with keywords and phrases in them get 50% more views.

Make sure your CV formatting is clean and easy to read

Your CV is the first thing that an employer will see, so it needs to look good.When you’re writing your resume, double check that the formatting is easy to understand. If it isn’t organized well, many employers will pass up on your application.We recommend keeping a consistent font (Arial or Times New Roman) and making sure all of your information is easy to read.The more organized it looks, the faster a recruiter can process through it.

Proofread your resume for mistakes

The most important thing to remember when writing a resume is to proofread it. Otherwise, you’ll end up sending out resumes full of mistakes!Not only does it look more professional, but you will feel better about your resume if you proofread.

Checking eligibility for a personal loan.

A personal loan is a collateral-free and unsecured loan that comes with no-end restrictions and is used to meet urgent cash requirements. As it is a collateral-free loan, the risk involved for lenders is higher as compared to secured loans. Therefore, there are multiple factors and parameters that banks/NBFCs consider when deciding the eligibility of an applicant before personal loan approval. It is good at personal loan in toa Payoh . Further discussed are the basic eligibility criteria of salaried individuals and self-employed professionals, along with other related aspects.

Eligibility & Documentation

 Eligibility

You need to meet some basic conditions to be eligible for a Personal Loan. Following are the general Personal Loan eligibility factors:

 Documentation

You need to submit:

The documents required to establish your credentials like Voter Card, Aadhaar Card.

Proof of identity and proof of residence.

Income documents – salary slip for the last three months.

What are the Eligibility criteria and documents required for salaried individuals?

A salaried person can get a personal loan with Tata Capital by meeting the following eligibility criteria –

  • The applicant’s age must be between 22 to 58 years

  • The applicant must have a monthly income of at least Rs.15,000

  • The applicant must have at least one year of work experience

     Documentation
  • The documents required to establish your credentials like Voter Card, Aadhaar Card.

  • Proof of identity and proof of residence.

  • Income documents – a copy of your bank statements for the last 6 months

  • Employment Certificate – a certificate stating 1 year of continuous employment

What are the Eligibility criteria and documents required for self-employed individuals?

A self-employed person can get a personal loan with Tata Capital by meeting the following eligibility criteria –

  • The applicant’s age must be between 22 to 58 years
  • The applicant must have a monthly income of at least Rs.15,000
  • The applicant must have at least one year of work experience

Documentation

  • The documents required to establish your credentials like Voter Card, Aadhaar Card.
  • Proof of identity and proof of residence.
  • Income documents – salary slip for the last three months.

What is the maximum Personal Loan you are eligible for?

The maximum amount of Personal Loans that can be availed depends on the income of the person. You need to have a minimum income of ₹ 15,000 per month. You would be eligible for a maximum loan of ₹ 25,00,000.

What are the Factors Affecting Your Loan Eligibility?

Personal loan eligibility can be greatly affected by factors such as your income, age, CIBIL score, job stability, and even work experience.

Budgeting 2022 Top Tips from Moshe Weisblum

In an era where almost everything is done online, it’s tempting to leave your money management to technology. And while apps and online banking have certainly made money management easier, they can’t fully take the place of thoughtful and purposeful budgeting, says business consultant Moshe Weisblum.

The best way to manage your finances is by finding a budget that fits your lifestyle. But how do you create a budget?

Money management isn’t as hard as it seems. We’ve gathered our top three best practices for budgeting in 2022. From creating a realistic plan, to studying your spending habits, these tips will help take the guesswork out of financial planning and give you peace of mind no matter what the economy does.

Create a Realistic Plan 

The first step to creating a budget is to create a realistic plan, says Moshe Weisblum. This should include your monthly expenses, your savings goals, and any unexpected expenses or income that you might have coming up. Your plan should be built around your income but should also account for emergencies and unforeseen events like an increase in rent or medical bills.

Spend Less Than You Make Advises Moshe Weisblum

One of the most important budgeting tips is to spend less than you make, advises Moshe Weisblum. This seems like a simple idea, but many people fall victim to lifestyle inflation and overspending.

Lifestyle inflation is when your spending habits increase to an unsustainable level. This happens when we suddenly get a raise or we start earning more money due to our hard work. The problem with this is that we aren’t just making more money; we’re also starting to change our lifestyle to accommodate for the increase in income. And this can result in spending the same percentage of your income as before, if not more!

The best way to combat lifestyle inflation is by creating a budget that reflects your current income and savings–not what you hope it will be someday down the road. It’s better to have a more limited budget with realistic expectations than a high-end budget with an unrealistic outlook on your future finances.

Study Your Spending Habits

Budgets aren’t one-size-fits-all, says Moshe Weisblum. You have to find a budgeting style that works for your lifestyle and savings goals. And remember, the best budget isn’t the most detailed or complicated one–it’s the budget you can actually stick to!

One of the best ways to create a budget is by tracking your spending habits. How much money do you spend on food? What about clothes? Housing? Take note of how much you spend on each category for a full month. Multiply that by twelve and you have your annual budget. 

This will give you a basic idea of how much money you have coming in, how much you need to live, and how much of it you’re spending extraneously. You may find that some things are costing more than they should, which can help you cut back on needless expenses. 

Even though it can feel tedious, taking the time to track your expenses will allow you to plan accordingly for the future. And once you see your trends, it may only take a few minutes once a week or so to stay on track. Understanding where your money goes will help ensure that you’re sending it in the right direction for your financial and savings goals!

Darcy Bergen Discusses Risk Management and Insurance Planning

Financial Advisor Darcy Bergen of the Bergen Financial Group recently discussed the importance of risk management and insurance planning in preparing for retirement.

A financial advisor assists clients in developing a strategy to build their wealth over the long term while decreasing financial risk. They are experts at providing a “game plan” to help clients reach their financial goals. Financial advisors can help with debt management, budgeting, health, and long-term care planning, retirement and inheritance planning, tax and investment planning as well as risk management and insurance planning. Darcy Bergen CRFA is the managing partner and founder of Bergen Financial Group bergenfinancialgroup.com and has over thirty years of experience in the financial services industry.

Darcy Bergen DarcyBergenLinkedIn is both a Licensed Fiduciary (a fiduciary is an individual that is certified to handle another individual’s financial and personal matters on behalf of that individual’s goals and not by commissions) and a Certified Retirement Financial Advisor (CRFA).

Darcy Bergen who grew up in Canada and moved to Phoenix in the summer of 2000 now operates Bergen Financial Group which has a staff of six and includes eight financial advisors. Darcy has just completed four years as the co-host with his wife Heather of a radio program about safe money and keeping income safe.

Darcy Bergen recently explained that especially in the current health and economic environment it is extremely important to recognize that one’s life can drastically change overnight. This is why Darcy emphasizes the importance of having adequate insurance coverage as well as the best type of asset protection game plans in case of unforeseen disasters such as sudden or premature death, accidents, lawsuits, or major natural disasters such as earthquakes or hurricanes.

Darcy Bergen said that people who are affluent have special insurance needs as they may need to insure such luxury items as large estates, large boats and planes, fine art, jewelry, employees in the home, and even insurance against the risk of extortion.  Oftentimes, the most competitive pricing and terms to accommodate the needs of a wealthy client may involve coordinating different types of insurance coverage with a number of different insurance brokers.

Financial advisors should have strong ties to many professionals in the insurance industry ensuring the most competitive pricing and terms while being sure to shield their client’s assets from all potential risks. They should make sure all personal and business insurance policies are coordinated with any work-related policies to ensure there are no gaps or redundancy in insurance coverage.

In addition, Darcy notes that financial advisors should coordinate all insurance policies with the estate plan that is in place and will also evaluate the titles of any assets to make sure that clients are protected in the event of a potential legal suit or claim. In addition, they will help to inform all involved family members of how these safeguards are structured to the benefit of the entire family money management. 

Darcy Bergen explains that asset protection often is a matter of forming trusts to shield assets from potential creditors. In addition, limited liability corporations can be formed and certain assets can be placed with a spouse to avoid potential judgments. He also says that there are specialized insurance policies that can become effective when a judgment is in excess of the insurance policy limits. In addition, Darcy goes on to say that a good financial advisor will ensure that whatever happens your family will be protected.  

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, a Registered Investment Advisor. Sub-advisory services are provided by Advisory Alpha, LLC, a Registered Investment Advisor. Insurance, Consulting and Education services offered through Bergen Financial Group. Bergen Financial Group is a separate and unaffiliated entity from Simplicity Wealth and Advisory Alpha.

Functions of a money lender.

Money lenders have basically one function and that is lending money. By lending money they make money. How? By charging interest on the lended principal amount. Who can borrow from money lenders? Anyone can borrow money from money lenders. Borrowing money or taking loans have two basic approaches.

The first is to approach a bank. Banks will only lend you money if they think you will be able to pay them back in time. They lend you money based on your credit score and history, and decide your eligibility based on other important factors such as your occupation and property.

The second approach is to borrow money from a money lender such as money lender toa payoh. They also take your credit score and history into account. Their interest charges are higher and it is less difficult to borrow money from them.

Here are some functions of a money lender in a society.

They lend money

Simple as water. Money lenders lend money. They make money by charging interest on the lended money. The concept of a money lender is not new. Money lending is a very old practice. Even if you borrow money from a friend, it is also called money lending. The only difference is that the friend won’t charge you interest. On the other hand, the money lender will charge interest on the borrowed money.

They charge interest

Money lenders lend money so that they can charge interest. Interest is the profit that they make for lending the money. It is a simple concept. For purchasing something, you exchange money for that item. For purchasing money, you exchange interest plus the amount you borrowed. So, interest is what you pay in return for the lending service.

Investment

They can also use their money to invest in something. Money lenders have a big pool of interest coming their ways. The money they make is used in investing which makes them more money. Investment can be either positive or negative for the lender. However, no person invests money at a bad deal. Investment is a sort of lending. The difference here is that they can lose the money if volatility is high.

Conclusion

Therefore, the functions of a money lender is primarily to lend money to people in need. By lending money, the lender makes more money by charging interest on it. The lender can also invest money in businesses or in other ventures.