Business
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3 Ways to Invest Your Company’s First Profits
Summary: Reinvesting profits can be beneficial for both your company and your consumer base. So you’ve officially earned your first dollar and you’re not wondering what to do next. Here are the top 3 ways that you can invest your money back into your company to pave the way for future endeavors. Digital Marketing Marketing is a key component that plays a significant role in the success of a business. Most startups that hit the beginning phases of their business wait months before they invest in marketing. Most of the time it’s because they don’t exactly know where they should start. One solid investment is in performance metrics. Keeping track…
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How is Money Transferred Globally? Is it Safe?
Summary: The complex system of transfers involve numerous pit stops in various countries along with embedded security systems to prevent sensitive information from leaking. More than likely, you’ve transferred money to a relative or acquaintance that you know at least once in your life. But, have you done so to another person overseas? This is much more complicated and requires additional security measures to ensure it reaches its destination safely without compromising sensitive information like account numbers or addresses. Now, there are numerous solutions to overcoming the difficulties of micro-transactions and bank transfers, but there is still an overwhelming issue of security for each credit card processor. The fact that…
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Profiling Omar Amanat: Businessman and Philanthropist
Omar Amanat was the founder and CEO of Tradescape, an electronic brokerage company that quickly became an industry leader by offering investors a direct connection to all nine Electronic Communications Networks. Responsible for processing over 10% of NASDAQ’s daily trading volume, it was deemed one of the top 50 private companies in the United States. In 2002, Mr. Amanat sold Tradescape to E*Trade for $280 million. Mr. Amanat studied at the University of Pennsylvania and the Wharton School of Business before working with CyberTrader founder Philip Berber to develop a stock trading platform that was acquired by Charles Schwab for $488 million. He survived the dot-com crash, and narrowly avoided the…
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The Important of a Checking a Tenant’s Credit Report
Renting out a property can be a lucrative opportunity for you. Not only is it a great secondary source of income, but if you hire a management company to take care of all of the work, you can basically sit back and enjoy the extra cash flow. One thing that is important to note though is that there is a chance you’ll come across some issues with your tenant’s monthly payments. It’s extremely common as financial emergencies do happen with people – but it’s obviously not acceptable if it’s a consistent pattern. If you want to minimize the chances that the latter would happen, it’s best that you run a…
