All Posts in "NEW BUSINESS MATH"

Complete Guide On How to Short Bitcoin in 2021

Do you want to learn how to short Bitcoins? If yes, then this guide is all you need.

Shorting Bitcoin is a good option for those who believe that soon there will be a fall in the currency graph. It is for the investor to remain on the safe side. But some investors hesitate to do so because they lack the knowledge of short selling. 

Keep the worries aside as this guide will walk you through the question of how to short Bitcoins.

What is Short Selling? 

Investors use the term short selling, also known as short in the finance industry, to earn a profit from the commodity when they believe it will be down soon. To know more, click here https://www.delta.exchange/blog/the-ultimate-guide-to-shorting-bitcoin

How Does it Work?

Now you must have started wondering about its working. Well, in the process of short selling, one can borrow Bitcoins from a broker or an investor at a specified price to sell them and then buy them again. In simple words, you purchase the stocks afterward and return them to the brokerage or person who loaned them to you. The point behind this purchasing and reselling is the gut feeling that the value will be decreased by the time one repurchase it.

Let’s understand the complete process. For example, suppose a person short sells 5 Bitcoins at the price of $3000. This means a person is borrowing the 5 Bitcoins and selling them back at $18000. Now the price of Bitcoin drops to $2000. … READ MORE ...

Sofia Benjamin by — August 31, 2021 in Finance Business
The Differences Between Accounting and Finance

Often, these two concepts get used interchangeably. However, doing this is a mistake that you can avoid. The reason is that while these concepts or fields are pretty similar to an extent, they are very different from each other. Therefore, if you consider studying any in school or as a career, you need to understand each entail. A proper understanding will ensure that you choose the best for you.

For instance, you may try to check digital marketing agency services online to help you learn more about these agencies, their services, peculiarities, and, more importantly, the actual differences that exist in their accounting and finance departments.

You may consider looking these up on luminablog.com, a credible online review platform that will provide to you reviews written by others about a particular subject, service, or brand. Before you do just that, it would be best to continue reading this article as it aims to provide a sense of clarity on the actual differences between accounting and Finance. It is also imperative that you understand that these differences exist in the basics, career paths, specialists’ roles, amongst other crucial factors.

ACCOUNTING vs. FINANCE: The Crucial Differences

One of the crucial differences that exist between these two fields is in the area of their essential purposes. For instance, one of the purposes of considering a career in accounting may likely be your interest in keeping books. On the other hand, an interest in Finance as a field of study may stem from … READ MORE ...

Sofia Benjamin by — July 20, 2021 in Finance Business
5 Benefits Of Using A Proforma Invoice

Most of the customers, prior to incurring the cost for goods and services, try to get an estimate regarding the approximate amount they will have to pay. In such a situation, a regular GST invoice is not suitable. To help the customers or buyers in such a situation, the seller or client provides them with a proforma invoice.

A proforma invoice format is not to be confused with that of a regular invoice. The key purpose of a proforma invoice is to give the customers a rough estimate of the expenses they will have to make for the said good or services.

The proforma invoice format is constituted of information like time and date of the delivery of the products, the approximate charges to be borne including those name of the sender and the customer to whom the product is sold and various other terms and conditions.

The proforma invoice format before and after the GST remains more or less the same.

Benefits of Proforma Invoice

There are several benefits a proforma invoice provides which you, as a seller, can take advantage of. Some of these benefits are as follows:

Serves As A Binding Agreement Between The Parties

A proforma invoice allows monetary communication between the seller and the buyer. For whatever the goods or services a buyer contacts the seller, the latter fulfills the requisite demand and offers an estimated invoice. It is this estimation which is reflected in the proforma invoice rather than a specified sum which the … READ MORE ...

Sofia Benjamin by — April 8, 2021 in Finance Business
5 Reasons Why Your Food Truck Business May Fail

If you are the type that loves to eat, chances are you are familiar with the services of the food truck business. This form of business is more affordable and more accessible than a restaurant. Most importantly, it is overseen by independent business owners who cannot afford a brick-and-mortar shop. Rather than get a restaurant, which is expensive, they convert a large vehicle (usually trucks) into a kitchen to make and serve food.

Although the business, when handled well, has been known to be very productive; it is as well — like other businesses — open to risks, losses, and uncertainties. Checking through reviewsbird.co.uk, the following are reasons provided by business owners on why the food truck business fails. If you are interested in the business, you may need to be acquainted with them.

1. Lack of Execution and Planning

Inadequate planning and poor plan execution are not only relative factors to a failing truck business but are also dominant in business bankruptcy generally. A poorly planned business hardly meets its targets. It doesn’t take into consideration its mode of operation, marketing strategy, and financial assessments. Through food companies reviews, it is noted that most food truck businesses fail when expenses (running costs) overwhelm revenues. This is the attendant result of a poorly planned business not hitting its targets.

2. Lack of Understanding

Most food truck owners do not even know how it works before venturing into the business. Every business requires prior knowledge about its capital, environment, mode of … READ MORE ...

Sofia Benjamin by — March 27, 2021 in Economics Business Mathematics
When Should You Get a Loan For Your Business?

Do you face the dilemma, whether to lend money to start a business faster, ask the state for a business grant, or start more slowly? Don’t worry, you are not alone.

As a first step, make a list of all the investments that are necessary to be able to start your business, as well as to ensure the development during the first three months. Remember to add smaller items to the list, as smaller things make up more.

Also check– Instant loans

The list of business investment expenses may include:

  • Start-up expenses establishment of a business
  • Permissions documents
  • Deposit for rent or rent
  • Office supplies
  • Software
  • Vehicles
  • Marketing/advertising
  • Licenses, copyrights
  • E-shop or website
  • Reserve for your private expenses for the first three months
  • Legal advice, etc.

Plan (at least) twice, pay once

Before you pay for any item, first consider whether you really need it and whether you can turn the money invested in the business into a value. Because business should be all about creating value that you can turn into profit. Can you create something (new) that other people want and are willing to pay you for it?

Once you’ve decided that you need the item, consider renting instead of buying it. Today, you can rent basic business equipment, such as a mobile phone or computer. If you are in doubt about whether to finance the acquisition of the necessary equipment through a lease or a loan, compare and check small business loans reviews. Choose a … READ MORE ...

Sofia Benjamin by — March 5, 2021 in Financial Mathematics Topics