Monthly Archives: August 2016

The Business Credit Card Summary Box

When you are looking for a great business credit card for your purchases, you want to be sure to get one that will benefit your business. In order to discover the best one, you will need to take a serious look at the credit card summary box, which will give you all the details you need to know. The condensed information also helps you easily compare one credit card with another one.

After you find the type of credit card you want, such as gas cards, reward cards, air miles cards, etc., you can pick three or four based on the ads. Then, you want to start looking at the credit card summary box of each one to find out which one is ideal for your business needs.

The Interest Rate

The interest rate you will receive on your business credit card is going to be based on your credit score. This means you may not know what it really is until you get the credit card. Be sure to understand what your interest rate is on the card once you get it, and what the interest-free period is for new purchases.

The Interest-Free Period

Most credit cards have some kind of an attraction or Introductory Offer on them to get people to take their credit card – but not all of them. While many credit cards will have lengthy periods in which to make interest-free purchases, business credit cards usually do not extend them out very long, many having only 45 days, or so. In order for this to be of any real value to you, you will need to pay the balance in full at the next bill, or you will be charged interest.

Personal credit cards will often permit the card owner to make balance transfers, and give them the length of the Introductory Offer to not pay any or little interest. Many business credit cards will not permit you to do this – at least you are not apt to get any zero interest deal on the balances transferred. Like most of them, CapitalOne starts charging interest on the day the amount is transferred to the new card.

The Credit Limit

Every business credit card will have both a minimum and a maximum credit limit. This will be based on your ability to pay back the money borrowed. The credit limit will be set for you, but the maximum amount will vary based on your ability to repay the loan. Like most credit cards of this kind, the Lloyd’s credit card indicates that the maximum credit limit is subject to your status – which generally means whether you are caught up in payments or not.

Cash Withdrawals

One type of transaction that will be the most costly on a business credit card is the cash withdrawals you make. You will want to be aware of what the interest rate is, and you also want to know if there is a limit to how much cash you can get. Even if the interest rate is the same as purchases, there is often a fee attached, as is true with the TSB Business Card.

Annual Fees

Some business credit cards have an annual fee, but other ones will not. Be sure to compare the credit card summary box for this information, and then see if there are other benefits or discounts that still might make it the ideal card to have.

The Introverted Business Owners Guide to Thriving (and Wowing Others) at Holiday Parties

As introverts know all too well, the holidays can be a challenging time of year. All the parties and gatherings that make this season so enjoyable for some people make it stressful for others, particularly for those of us who find large crowds exhausting, rather than energizing.

Still, if youre a business owner, you cant afford to be a no-show at holiday functions. Parties are good networking opportunities, and your presence helps make your business more visible. So you grit your teeth and go, all the while envying your extroverted peers who always manage to be the life of the party, the ones who bounce easily from telling jokes to making small talk to delivering great introductions.

Attention, introverts: its time to change your viewpoint and turn your perceived liability into an advantage.

First, lets talk about what being introverted means. In an article titled “When Introverts Should Avoid Coffee,” author Melissa Dahl shares research suggesting that introverts have more than the optimal level of neocortical arousal in their brains. That means an introverts performance will be negatively affected by a stimulating situation such as a noisy, crowded holiday party because it pushes them even further beyond the optimal arousal level.

In her book The Introverts Way, Sophia Dembling offers a wealth of ideas for how to make social gatherings easier for those of us who would rather be home with a cup of tea and a good book. Yes, its possible to attend social events and create those important connections, while still taking care of yourself and not trying to be someone youre not. Here are eight tactics that may work for you this holiday season:

* Know thyself. Just because Im an introvert doesnt mean I dont crave connections and conversations. However, I prefer them one-on-one and spread out over time. I dont want to be “on” every minute of every day. So, after a few consecutive days of social events, I need to withdraw and recharge. Figure out your own needs for solitude vs. human interaction. Follow a day of being “out there” with a day of quiet work at your desk. When you respect your limits and manage your energy, youll enjoy socializing more and make a stronger impact when you do.

* Recognize what you bring to the party. Maybe you dont provide the evenings entertainment, but when you allow others to hold the floor, you give the gift of an appreciative audience. Introverts are great listeners. People love to talk about themselves, and when you grant them this opportunity, theyll perceive you as friendly and approachable.

* Create a plan before you go. Prepare some astute questions to ask people (see Experts Share 5 Networking Tips for Business Owners). Go beyond standard topics like “Who do you know here?” and “Hows your year going?” What and why questions are particularly useful (Why did you get into this field? What are you most proud of accomplishing this year?) Again, step aside and let the other person shine.

* Take a breather from the action. My daughter, Anna (who, like her mother, is an introvert) excuses herself to go to the bathroom when she needs to regroup and re-energize. Another way to take a break is to turn your back on the party and peruse a bookshelf. You might even be inspired to bring a title into your next conversation. You can also go outside is there a porch where you can catch a breath of fresh air? Or make a pet connection. Petting a dog relieves your need to talk for a few minutes, and interaction with animals has been shown to reduce stress. (But good luck finding a cat to hang out with: they tend to be introverts, too!)

* Figure out where to stand. While you may prefer to position yourself in an out-of-the-way corner, it may be better to stand in the flow of traffic where people will walk by. That way you can smile, extend your hand, and introduce yourself without expending energy in seeking people out. I tried this last week and it worked great: no more wandering around figuring out how to interrupt conversations. People came to me instead (and I met a new client!). When youve had enough, go back to #4.

* Change your ideas about small talk. Think all conversation has to be fascinating? It doesnt. Sometimes its just about making a friendly connection. In The Introverts Way, Dembling reminds us that its not the content of a discussion; its the action itself. Let a conversation be what it is. Smile and respond.

* Be selective. Not all parties are created equal. Attend the ones with the biggest potential payoff. Do a cost-benefit analysis and choose quality over quantity. Think of the social event as a job, and create a project plan. Target a few people you want to connect with, slap a back or two, and then go home. You dont have to stay until all the champagnes gone.

* Wow em with a follow-up. Be sure to send the host and other people you connected with an email, or better yet, a handwritten note, the next day. The follow-up is a very effective way for an introvert to set herself apart from the crowd. Even if you dont think you made a powerful impression at the event, you can gain points afterward by taking a minute to write a card. Trust me: it will stand out!

Risk in Business, Investments, and Life

Risk in Business, Investments, and Life

For the past 15 years my title has been a banker. I spent the majority of that time in option strategies and stock investments. This netted me the private banker status. I received a tip to read a lot and it will help me with my choices along the way. So I started reading each day. What I read included specialist reports that were specifically designed to help those who would like to invest. I came to the conclusion that this was a bunch of nonsense. No one can truly know what stocks are going to be better to invest in because over time they all see their ups and downs. So I stopped reading and found another way to improve, managing risks and technical charge. Instead of investing, I have found another way to make money by working hard and getting my hands in the dirt. It makes me feel better about myself and my life.
I believe I have a talent for calculating risks, so I am frequently managing risks. I despised math and it didn’t like me either, but when it comes to calculating risks I found it to be fairly easy. How is this possible? I think with my head, logically. Will something happen, what are those chances? I can use my logical way of thinking emotionally and in my business. Emotionally, it can be difficult because I do not use my mind, rather my gut. That gut feeling can make a huge difference.

For Example: The banking business is in an era of change. For every job posting, 200 or more people would apply causing it to lower my chances of being accepted or qualified for the job. I began applying in the banking department, but my chances of scoring a job were slim to none. Bus driving was an alternative job that many people didn’t want to do or apply for. While making my routes every day I slowly built up a superfood business which was in popular demand.

I worried about investments and leaving mine in the hands of someone who might or might not do their best to see me succeed. Several concerns arose about hiring someone to help me invest my money. Not only did that person fail at being an expert in his field, but they had a job, they weren’t a millionaire and the chances that they would take the utmost respect in my money managing were slim. It was only a job for them, whereas it was my life savings.

Learning to think with my head and trust my instincts from my gut, I became great at calculating risks emotionally. I take a relationship that I may be in and I consider my gut feelings accordingly. If I have a gut feeling that I might not be in love, but I am growing closer to the person, I will try to work things out. If I have a gut feeling that is horrible and I’m sick most of the time, chances are it is not going to work out and I walk away. That sick feeling can change the outlook of a relationship for me. If the other person is trying really hard and my emotions are spoken and understood by them, then I know that our relationship is worth holding on to.

I will write more articles with tips etc that are simple and easy to use. Most of the time nice opportunities are right in front of you.

See you Roshi

https://mrrosshowmethemoney.wordpress.com/