Getting a foothold in the forex market can be a challenge.  Many people are unsure about how much money they should aim to earn in an average day and as a consequence are confused about their starting strategy. Failing to limit aims often leads to greed, which is always dangerous when looking to play the […]

24
Feb

The current challenging economic situation means that many businesses are struggling with debt. If that is the case with your company, you should do what you can to help ease the situation. Here are a couple of suggestions. Clarify the situation If you know your firm is in debt, your first priority should be to […]

Not everyone who steps into the world of fx trading makes a success of it. The question is often asked, what makes a forex trader successful? It can certainly be said that individuals who first properly familiarise themselves with the workings of the marketplace have a greater chance of success than others. Forex training is […]

17
Feb
stored in: Business Finance and tagged:

The primary objective of a firm or business is to generate wealth.  In operational terms this means creating positive cash flows resulting from successful trading.  Firms which create cash from successful trading can invest in new products, increase production and expand to other markets.  If a firm has positive cash flows it will find it […]

When it comes to maximising your cash flow you can release money from your unpaid invoices.  You can use Touch Financial services, a finance broker, to assist you in finding the most competitive solution and provide you with the necessary finance to develop your business. They can provide you with advice on a range of […]

12
Feb
stored in: Business, Business Finance and tagged:

A primary objective of any firm is to maximise profit while ensuring long-term financial stability.  In other words, the objective is long-term rather than maximising short-term profit.  Budgetary control is one tool used to monitor the achievement of these objectives and to ensure the most efficient use of available resources. The main purposes of budgetary […]

Significant world events and news stories can have a major effect on the forex market.  It is important for traders to understand the best ways to react in order to protect their earnings at times when events cause instability. Terrorist attacks and natural disasters can shake the markets violently, causing traders to panic.  They can […]

03
Feb
stored in: Business, Business Finance and tagged:

When choosing a bank for business transactions, there are several factors to consider before making that final decision.  Practical considerations such as a brick and mortar bank, one that could be visited in person, or whether to opt for one of the many internet banks.  If visiting the bank in person is a key factor, […]

01
Feb

To make the most of factoring services from factoring brokers such as Touch Financial, you need to have a certain amount of outstanding invoices and a turnover in excess of £50,000 per year.  Financial brokers will then agree to collect outstanding payments from your customers for a fee which is taken from the invoice total.  […]