<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://lololol.zohosites.com/thoughts/How-to/feed" rel="self" type="application/rss+xml"/><title>Sample 1 - Blog , How to</title><description>Sample 1 - Blog , How to</description><link>https://lololol.zohosites.com/thoughts/How-to</link><lastBuildDate>Fri, 02 Aug 2024 23:46:11 -0700</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[What are a company's core values?]]></title><link>https://lololol.zohosites.com/thoughts/post/What-are-a-company-s-core-values</link><description><![CDATA[How to Define Your Core Values: The Secrets to Building a Successful Company&nbsp; As a small business owner, you know the importance of having a clea ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_1xpApTxzQQqO77BdsH0VlA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_IxYt_U1XQUaODc8vONG3TA" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_xlmsMW7WT3CYMPzzvOLjMg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_0dgJMFR7SViY5oia6v8JTQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><div><div><style> .zpelem-heading { } </style><h2><span style="color:inherit;font-size:28px;">How to Define Your Core Values: The Secrets to Building a Successful Company&nbsp;</span><br></h2></div>
<div><style> .zpelem-text { } </style><div><div><p style="text-align:left;color:inherit;"><span style="font-family:lora, serif;">As a small business owner, you know the importance of having a clear and defined set of values. Your core values guide everything you do, from the products and services you offer to the way you treat your employees.&nbsp;</span></p><p style="text-align:left;color:inherit;"><span style="font-family:lora, serif;"><br></span></p><p style="text-align:left;color:inherit;"><span style="font-family:lora, serif;">In this post, we'll explore why core values are so important, and how you can go about defining your own.<br><br></span></p><p></p><div style="text-align:left;color:inherit;"><span style="color:inherit;font-family:lora, serif;">Having a clear set of values is important for any business, but it's especially crucial for small businesses. This is because small businesses are typically built around the vision and values of the owner. Your values will shape the way you run your business, and they'll be the foundation upon which you make all of your decisions.</span></div>
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<span style="color:inherit;"><div style="text-align:left;"><span style="color:inherit;font-family:lora, serif;">Defining your core values is the first step in building a strong foundation for your business. But how do you go about doing that? Here are a few tips:</span></div></span><div style="text-align:left;"><span style="font-family:lora, serif;"><br></span></div>
<p></p><ul><li style="text-align:left;"><span style="color:inherit;font-family:lora, serif;">Think about what's important to you. What do you believe in? What do you stand for? These are the things that should be reflected in your core values</span></li><li style="text-align:left;"><span style="color:inherit;font-family:lora, serif;">Keep it simple. You don't need to have a long list of values; just a few key principles that you can stand behind.</span></li><li style="text-align:left;"><span style="font-family:lora, serif;">Make sure your values are relevant to your business. They should guide the way you operate and help you make decisions that are in line with your goals.</span></li><li style="text-align:left;"><span style="font-family:lora, serif;">Be prepared to live by your values. Your core values should be more than just words on a piece of paper; they should be something you actively practice in your business.</span></li></ul><p></p><div style="text-align:left;"><span style="font-family:lora, serif;"><br></span></div>
<span style="color:inherit;"><div style="text-align:left;"><span style="color:inherit;font-family:lora, serif;">Your core values are an important part of who you are as a business owner. They should be something you're proud of and excited to share with your employees and customers. By taking the time to define your values, you'll be setting your business up for success.</span></div></span><p></p><p></p><div style="text-align:left;"><span style="font-family:lora, serif;"><br></span></div>
<span style="color:inherit;font-family:lora, serif;"><div style="text-align:left;"><strong style="color:inherit;">Tips on inspiring company values:&nbsp;</strong><span style="color:inherit;">There are many ways to show your company values. Here are a few examples:</span></div>
<div style="text-align:left;"><span style="color:inherit;"><br></span></div></span><p></p><ol><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">Put your people first<br></span>This may seem like an obvious one, but it can be easy to forget when you’re trying to run a business. Putting your employees first will not only make them feel valued, but it will also make them more productive.</span></li><li style="text-align:left;"><span style="font-family:lora, serif;">Be transparent<br>If you want your employees to trust you, you need to be open and honest with them. This means being transparent about your business decisions and sharing information about the company’s finances.<br></span></li><li style="text-align:left;"><span style="font-family:lora, serif;">Promote from within<br>One way to show your employees that you value them is to promote from within. This sends the message that you are willing to invest in your employees and that you believe in their ability to grow within the company.</span></li><li style="text-align:left;"><span style="font-family:lora, serif;">Invest in your employees<br>Investing in your employees shows that you value their development and are willing to invest in their future. This can be done through training and development programs, as well as tuition reimbursement.</span></li><li style="text-align:left;"><span style="font-family:lora, serif;">Communicate<br>Effective communication is essential in any business, but it’s especially important in a values-based company. You need to be clear about your company values.<br><br></span></li></ol></div>
<div><p></p><div style="text-align:left;color:inherit;"><strong style="color:inherit;font-family:lora, serif;">How to embed your company values</strong></div>
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<span style="color:inherit;"><div style="text-align:left;"><span style="color:inherit;font-family:lora, serif;">Your company values are the foundation of your business. They guide your decision-making, shape your culture, and influence your bottom line.&nbsp;</span></div></span><p></p><ul><li style="text-align:left;"><span style="color:inherit;font-family:lora, serif;">But how do you ensure that your values are more than just words on a page?&nbsp;</span></li><li style="text-align:left;"><span style="color:inherit;font-family:lora, serif;">How do you make them part of your company DNA?</span></li></ul><p></p><div style="text-align:left;"><span style="font-family:lora, serif;"><br></span></div>
<span style="color:inherit;"><div style="text-align:left;"><span style="color:inherit;font-weight:bold;font-family:lora, serif;">Here are four ways to embed your company values into your business:</span></div></span><div style="text-align:left;"><span style="font-family:lora, serif;"><br></span></div>
<p></p><ol><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">Practice what you preach.<br></span>Your employees are watching you. If you want them to live and breathe your company values, you need to do the same. Walk the talk by modelling the behaviour you want to see in your team.<br></span></li><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">Communicate, communicate, communicate.<br></span>You can’t embed your company values if your team doesn’t know what they are. Make sure everyone understands your values and how they fit into your company culture. Communicate your values often, in both formal and informal settings.</span></li><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">Put them into practice.<br></span>Your values should guide your day-to-day decision-making. When you’re faced with a difficult decision, ask yourself: which option aligns best with our values? This will help to ensure that your values are more than just words on a page.</span></li><li style="text-align:left;"><span style="color:inherit;font-family:lora, serif;">Reward and recognize</span></li></ol><p></p><div style="text-align:left;"><span style="font-weight:700;font-family:lora, serif;"><br></span></div>
<strong style="color:inherit;font-family:lora, serif;"><div style="text-align:left;"><strong style="color:inherit;">Here are answers to some frequently asked questions about company values.</strong></div>
<div style="text-align:left;"><span style="color:inherit;font-weight:400;"><br></span></div></strong><p></p><ol><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">What are company values?&nbsp;<br></span>Company values are the beliefs, philosophies, and principles that guide the actions and decisions of a company and its employees. They shape the culture and define the character of the organization.</span></li><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">Why are company values important?<br></span><span style="color:inherit;">Company values are important because they provide a framework for how employees should behave and make decisions. They help create a cohesive and aligned organization and can be a powerful tool for attracting and retaining top talent.</span></span></li><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">What are some examples of company values?<br></span><span style="color:inherit;">Some examples of company values are integrity, accountability, teamwork, respect, and excellence.</span></span></li><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">How can company values impact employees?<br></span>Company values can impact employees in a number of ways. They can help foster a positive work environment, improve communication and collaboration, and increase employee engagement and satisfaction.<br></span></li><li style="text-align:left;"><span style="font-family:lora, serif;"><span style="color:inherit;">What role do company values play in the success of a business?<br></span><span style="color:inherit;">Company values play a vital role in the success of a business. They can help guide strategic decision-making, inspire employee loyalty and motivation, and build customer confidence and trust.&nbsp;</span></span></li></ol><div style="text-align:left;"><span style="font-family:lora, serif;"><br></span></div>
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 ]]></content:encoded><pubDate>Fri, 16 Dec 2022 08:25:54 -0800</pubDate></item><item><title><![CDATA[Why is it difficult for small businesses to find money to grow?]]></title><link>https://lololol.zohosites.com/thoughts/post/Why-is-it-difficult-for-small-businesses-to-find-money-to-grow</link><description><![CDATA[How can small businesses find money to grow? Some common funding sources for small businesses When we refer to a &quot;small business&quot;, we usually ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_cetTEQolRimBk9PawzzV8g" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_UIgz0H-KRLqp5nBJ7QRZEA" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_pIsLBafYQgKm-XoSMWNOrw" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_YpQyTsS_Sbmrzx-Uof_WTA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><div><div><style> .zpelem-heading { } </style><h2><div style="color:inherit;"></div></h2><h1><div style="color:inherit;"></div></h1><h1>How can small businesses find money to grow?</h1></div>
</div><div><style> .zpelem-text { } </style><div><div style="color:inherit;"><p><span style="font-weight:bold;">Some common funding sources for small businesses</span></p><p><span style="color:inherit;"><br>When we refer to a &quot;small business&quot;, we usually mean those with between one-and-five employees that have a turnover of less than £2.5m or an annual income between £100,000 and £500,000. It's also worth remembering that many small businesses are sole traders or partnerships without employees.</span><br></p><p>When you think about the types of business that fit into this category, you'll probably think of local shops, cafés, restaurants and so on – but the range is much wider than that. For example, many new businesses will start off as one-man bands or home businesses, and there's some really exciting stuff coming out of this area right now. New businesses such as online marketplaces like Etsy or food delivery services like Deliveroo are growing rapidly, which points to the wider category of digital business models being embraced by entrepreneurs with limited funding options.</p><p>One of the main reasons that it can be difficult for small businesses to find money to grow is that they often don't have much in the way of collateral. This can make it tough to get loans from banks, as lenders will typically want some kind of security before they're willing to give out a loan.<br><br>Another reason why small businesses might struggle to find funding is that they simply don't have the same track record as larger businesses. For example, a new business is unlikely to have the same level of revenue or profit as a more established company, which can make it harder to secure investment.<br><br>Finally, many small businesses operate in niche markets, which can limit their options when it comes to finding investors. For instance, if you're running a specialist retail business then there may not be many people who are willing to invest in your company due to its narrow focus.<br><br>One of the best ways for small businesses to find funding is through government grants. There are many different types of government grants available, and each one has its own eligibility requirements. However, the process of applying for a grant can be time-consuming and competitive.<br><br>Another option for small businesses is to raise money through crowdfunding platforms such as Kickstarter or Indiegogo. With crowdfunding, businesses can reach out to a large number of potential investors at once and get them to pledge money towards their project or product. The downside of this method is that it can be difficult to reach your fundraising goal, and you may not get funded if you don’t meet your target.<br><br>Finally, small businesses can also look into venture capital firms as a source of funding. Venture capitalists are willing to invest in high-risk projects in exchange for a percentage of ownership in the company. However, getting venture capital funding can be difficult as they typically only invest in companies that have the potential to generate a lot of revenue.</p><p><br></p><p><span style="color:inherit;"><span style="font-size:18px;font-weight:600;">Grow your business with flexible business finance...</span></span><br></p></div>
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</div></div></div></div></div></div></div></div></div></div></div></div></div> ]]></content:encoded><pubDate>Sat, 30 Apr 2022 03:14:00 -0800</pubDate></item><item><title><![CDATA[How technology can help small business growth and expansion]]></title><link>https://lololol.zohosites.com/thoughts/post/How-technology-can-help-small-business-growth-and-expansion</link><description><![CDATA[4 tips for small businesses to compete globally with the help of technology Technology is the new global currency. It makes our businesses more effic ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_MdRTRjlXThWv6rXR7a033w" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_0DEHhfdvSUKowjguU5XjkA" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_FIAijSghSmOCkNJFcou5Lw" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_6KzPI2ULQyma6r2KirfrBg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><style type="text/css"> .zprow { } </style><div><style type="text/css"> .zpelem-col { } </style><div><style> .zpelem-heading { } </style><h2><div style="color:inherit;"></div></h2><h1><span style="font-size:18px;">4 tips for small businesses to compete globally with the help of technology</span></h1></div>
</div><div><style> .zpelem-text { } </style><div><div style="color:inherit;"><h1><div><br></div></h1><div><div> Technology is the new global currency. It makes our businesses more efficient and helps us reach consumers on new platforms. Today, we can sell our products and services – and keep an eye on our competition – without leaving the office. Using the power of technology we can: </div>
</div><div><div> 1. Expand your customer base: Make sure you’re following and engaging with prospective customers on the digital platforms they already use: email, social media, and online review sites. Create a social media persona that’s consistent with your business image. If you’re a young company, then be young; if you’re established, then be established. It’s about consistency. </div>
</div><div><div> 2. Drive sales: Incorporate online sales into your overall sales strategy. Use social media to highlight product offers or special promotions when you don’t have staff to take calls or process orders. </div>
</div><div><div><br></div></div><div><div><span style="font-weight:bold;">Mobile technology is key.</span></div>
</div><div><div><br></div></div><div><div> Mobile is the new norm for almost everything in modern life. This is especially true when it comes to shopping. Many small businesses don’t plan or implement meaningful mobile strategies.se of apps. A well-designed app for researching and buying products is not the exclusive preserve of big business. Integration of Augmented Reality, for example, can place products in a user’s home before they buy. Whether it’s a small business or a large enterprise, mobile apps can be an important part of your digital marketing strategy. </div>
</div><div><div><br></div></div><div><div><span style="font-weight:bold;">Online Advertising</span></div>
</div><div><div> If you want your business to be successful online, it takes a lot more than &quot;sprinkling&quot; a few keywords and product names on a site. Such outdated SEO practices will ensure that your sites appear nowhere near the top of search engine rankings. Developing an effective SEO strategy takes time, patience, and the willingness to think outside of the box. Fortunately, with the help of the right SEO tools and resources you can develop a successful SEO strategy for your online business. Search engine optimization (SEO) is one of the most involved, time-consuming, and often misunderstood aspects of web development today. </div>
</div><div><div><br></div></div><div><div><span style="font-weight:bold;">Working Smarter</span></div>
</div><div><div> Modern employees are increasingly flexible, working wherever they want to work. You can hire them on a part-time basis or pay them per job instead of an annual salary. Your business can become a &quot;location-independent&quot; operation. It means you can tap into the global talent pool and hire people of all ages, races, and ethnic backgrounds. Businesses that use a distributed team or a workforce of independent contractors no longer have to be constrained by the number of employees they have. </div>
</div><div><div><br></div></div><div><div><span style="font-weight:bold;">Twitter, Facebook, LinkedIn, Instagram, etc.</span></div>
</div><div><div> Social media enables businesses to connect with their target market. It gives them more of an opportunity for advertising, which drives new or existing customers to their business. Besides using traditional advertising on social media platforms like Facebook, venues like Instagram and Twitter can build a real connection between customers and businesses.&nbsp; </div>
<div><br></div><div><span style="color:inherit;"><span style="font-size:18px;font-weight:600;">Business finance can be a real issue for small and medium sized business owners.</span></span><br></div>
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</div></div></div></div></div></div></div></div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 29 Apr 2022 00:28:00 -0800</pubDate></item><item><title><![CDATA[How to Use Video Marketing to Grow Your Small Business]]></title><link>https://lololol.zohosites.com/thoughts/post/How-to-Use-Video-Marketing-to-Grow-Your-Small-Business</link><description><![CDATA[Video Marketing For Small Business Owners. Video is a great way to connect with customers and grow your small business. It's an effective tool for mar ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_hp-K-Dw9QAGm2Kv794dJFg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_fEgfXPxDSFCVKn_N6-xjuQ" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_XUVSFGj2QQmRdolsxVgV4Q" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_vYitypcUSo6LrMto-BpXnw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><div><div><style> .zpelem-heading { } </style><h2><span style="color:inherit;"><strong>Video Marketing For Small Business Owners.</strong></span></h2></div>
<div><style> .zpelem-text { } </style><div><div style="color:inherit;"><p>Video is a great way to connect with customers and grow your small business. It's an effective tool for marketing, sales, customer service, training, and more. Now that you have a strategy for creating meaningful video content, it's time to turn that strategy into something actionable. This guide will show you how to use video marketing to grow your small business by creating videos that attract customers and increase engagement with your brand. There are a few key things to keep in mind when creating videos for your small business. First, be sure to create content that is relevant and interesting to your target audience. Secondly, keep your videos short and sweet- no one wants to watch a long, boring video. Finally, make sure your videos are high quality and professional-looking; this will help you attract more customers and grow your small business.<br><br>Now that you know how to use video marketing to grow your small business, it's time to get started! Begin by brainstorming some ideas for videos that would be relevant and interesting to your target audience. Once you have a few ideas, start planning out the logistics of each video -&nbsp; what equipment will you need, where will you film, who will star in the video, etc. Once you have everything planned out, it's time to start filming! Be sure to pay close attention to detail while filming so that your final product is high quality and professional-looking. After you've finished filming, edit your videos and add any final touches before uploading them online.<br><br>Video marketing can be a great way to connect with customers and grow your small business- but only if it's done correctly. Be sure to create engaging and relevant content, keep your videos short and sweet, pay attention to detail while filming/editing, and soon you'll see the positive effects that video marketing can have on your small business!</p><p>Different types of videos can be used for different purposes when marketing a small business. For example, a short and sweet video clip could be used as an attention-grabbing social media post, while a longer, more informative video could be used on your website's landing page to give potential customers an overview of what your business does. No matter what type of video you create, be sure to keep your target audience in mind so that the content is relevant and interesting to them.<br><br>It's also important to keep your videos high quality and professional-looking; this will help you attract more customers and grow your small business. Be sure to pay attention to detail while filming/editing, and use high-quality equipment to ensure that your final product looks its best.</p><p><span style="color:inherit;">With a little planning and effort, you can easily create videos that will engage potential customers and help grow your small business!</span><br></p></div>
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 ]]></content:encoded><pubDate>Wed, 27 Apr 2022 23:44:01 -0800</pubDate></item><item><title><![CDATA[Buying or selling a house during the pandemic]]></title><link>https://lololol.zohosites.com/thoughts/post/Buying-or-selling-a-house-during-the-pandemic</link><description><![CDATA[
 An article by Caroline Vernon, Partner at Sherrards solicitors.&nbsp; Caroline Vernon, Partner at Sherrards solicitors explores the impact of the ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_H0tqv5CRRtCqwYIPVCecKw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_OY0cWJ9SSbiAtcQ58WW4Ow" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_soXgcxQqQwSEr4g4Yq59qA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm__F8jiA9YQ9W3xElq23U6VA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><style type="text/css"> .zprow { } </style><div><div><style> .zpelem-text { } </style><div><div><br></div>
<div></div></div></div><div><style type="text/css"> .zprow { } </style><div><style type="text/css"> .zpelem-col { } </style><div><style> .zpelem-image { } </style><div><figure><a style="cursor:pointer;"><img src="https://www.giccapital.co.uk/files/blog_images/key-2323278_640.jpg" alt="" style="height:208px;width:313.32px;"></a></figure></div>
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</div><div><style> .zpelem-text { } </style><div><div><span>An article by Caroline Vernon, Partner at Sherrards solicitors.&nbsp;</span></div>
<p><span style="color:inherit;"><br></span></p><p></p><p><span style="color:inherit;"></span></p><div> Caroline Vernon, Partner at Sherrards solicitors explores the impact of the Coronavirus on the residential property market and provides guidance for those currently in the process of buying or selling a property.&nbsp; <span>Click&nbsp;</span><a href="https://www.sherrards.com/property-law/6290/" target="_blank">here&nbsp;</a><span>to read the full article.</span></div>
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</div></div> ]]></content:encoded><pubDate>Tue, 21 Apr 2020 12:01:21 -0800</pubDate></item><item><title><![CDATA[Economics 101 - &quot;How the Economic Machine Works.&quot; By Ray Dalio]]></title><link>https://lololol.zohosites.com/thoughts/post/Economics-101-How-the-Economic-Machine-Works.-By-Ray-Dalio</link><description><![CDATA[Schedule a call We aim to deliver much needed capital for SME’s and Property Developers. //www.youtube.com/embed/PHe0bXAIuk0 Created by Ray Dalio this ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_bMyh8N2fQayjYPr124m1eA" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_DTkkfG2-TSiYo9qreSmVlQ" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_Qth58e1TS5KoduLINYsd6A" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_hmu5Fmk3TzK9pf_kXI2bAQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><div><div><style type="text/css"> .zprow { } </style><div><style type="text/css"> .zpelem-col { } </style><div><style type="text/css"> .zpelem-iconheading h4.zpicon-heading { } .zpelem-iconheading { } </style><div><span><svg></svg></span><h4><span style="color:inherit;"><span style="font-size:24px;"><a href="https://www.giccapital.co.uk/schedule-a-call">Schedule a call</a></span></span></h4></div>
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</div><div><style> .zpelem-text { } </style><div><p><span style="color:inherit;">Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, &quot;How does the economy really work?&quot;&nbsp;</span><br></p></div>
</div><div><style> .zpelem-text { } </style><div><p><span style="color:inherit;">Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.</span><br></p></div>
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</div></div> ]]></content:encoded><pubDate>Mon, 23 Mar 2020 06:21:37 -0800</pubDate></item><item><title><![CDATA[Three Basics to Keeping Your Real Estate Investment Strategy Simple... KISS]]></title><link>https://lololol.zohosites.com/thoughts/post/Three-Basics-to-Keeping-Your-Real-Estate-Investment-Strategy-Simple...-KISS</link><description><![CDATA[ Amassing a personal fortune through real estate may seem beyond possibility, but it can be done —&nbsp; Keep it simple and pay close attention to the ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_HLGRuIwuQLaKJqCzd06dug" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_ti45CIH0S2-_xdBR3Nm_IQ" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_jD_rdvkySKG6btQVnsQvDg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_4k2I4r-WSKWWiFtS1gVNfg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><div><div><style> .zpelem-text { } </style><div><div> Amassing a personal fortune through real estate may seem beyond possibility, but it can be done —&nbsp; Keep it simple and pay close attention to these three basic concepts.&nbsp; </div>
<p><br></p><div><div><span style="font-weight:bold;font-size:18px;">1. Maintain Conservative Ratios&nbsp;</span></div>
</div><p>If you’re building or buying real estate as a long-term hold, make sure that property is going to cash flow very well, even if that means you utilize more equity and accept a slightly lower return. Debt-service coverage ratio (DSCR or just DCR) is calculated by taking the net annual cash a property produces and dividing it by the total annual payments for any/all debt on the property. So, if a property will generate £100,000 per year after all expenses such as taxes, maintenance, vacancy, etc., and you put a loan on it where the total monthly payments for the year equal £50,000, then you have a 2.0 DCR.&nbsp;<br></p><p><br></p><div> A 2.0 DCR may seem overly conservative, but when over-leveraged owners get in trouble, equity evaporates, and banks can foreclose, leading to a total loss of capital. I like to say that real estate experiences temporary setbacks. If the market drops and you have plenty of cash, you might have to accept a lower return on equity for a while, but you won't lose the asset to foreclosure. Then, when the market rebounds, all your equity will come right back.&nbsp; </div>
<p><br></p><div> Remember, accepting a lower return and/or keeping cash on the side-lines will serve you very well when the time comes. Not losing money is often better than making a huge return. Over time, not losing will be a better strategy than always chasing yield — because eventually, almost all highly leveraged individuals and/or companies will take a big tumble.&nbsp; </div>
</div></div><div><style> .zpelem-imagetext { } </style><div><figure><a style="cursor:pointer;"><img src="https://www.giccapital.co.uk/files/blog_images/kiss.jpeg" alt="" style="height:350px;width:526.5px;"></a></figure><div><div><div><span style="font-weight:bold;font-size:18px;">2. Location&nbsp;</span></div>
</div><p>I know, location is traditionally said to be the three most important things, so maybe this should be No. 1 on this list. Stay close to town, close to services and close to the right level of wealth/money. For instance, don't try to locate a low-income housing project in Westminster, and don't build £2 million properties in Inverness (unless maybe there's a ski resort or something there I don't know about). The point is, your properties blend in with their surroundings. This is not a place to try to be the one who bucks the trend.&nbsp;<br></p><p><br></p><div><div><span style="font-weight:bold;font-size:18px;">3. Supply And Demand&nbsp;</span></div>
</div><p>This concept is equally easy to quantify and easy to avoid or not pay attention to — I see it all the time. Here’s the scoop: Find the information, and pay attention to it. Are there more projects coming to the area than there is demand for? If it’s even close, move on. Believe me, even a top-notch yoga studio and gourmet coffee shop aren’t going to earn an extra £200 per month in rent or fill up or sell your units if there’s no demand for them. That’s where many find themselves right now. Development is starting to run rampant, and people are working to justify their deals because they think their projects are better than the four other similar ones going up. But whether they’re better or not is not the right question. The right question is: “Are there enough buyers/renters/tenants to fill up all current deals as well as any others in the planning phase?”&nbsp;</p></div>
</div></div><div><style> .zpelem-text { } </style><div><p><span style="color:inherit;">If you are investing in a project or looking to create one, don't underestimate the importance of being conservative, making sure it your location is right and paying close attention to supply and demand.&nbsp;</span><br></p><p><span style="color:inherit;"><br></span></p><p><span style="color:inherit;"><span style="font-weight:bold;font-style:italic;">(source/credit: John Bogdasarian)</span>&nbsp;</span><span style="color:inherit;"><br></span></p></div>
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</div> ]]></content:encoded><pubDate>Tue, 10 Dec 2019 06:01:01 -0800</pubDate></item><item><title><![CDATA[Leaders are only as good as the teams they build!]]></title><link>https://lololol.zohosites.com/thoughts/post/Leaders-are-only-as-good-as-the-teams-they-build</link><description><![CDATA[High p erformance teams that win all the time...&nbsp; Excerpt from just released book by Douglas R. Gerber “TQ Team Quotient – How to Build High Per ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_Rv6apbCBSNqwhz95n4vhMg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_Q7s4u7FjTKeGi1XSZtU9_w" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_UvywfoNuT2aXLgRim06bjg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_Xj6CR_lUSp-tA3ohNWzhWg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><div><style type="text/css"> .zpelem-col { } </style><div><style> .zpelem-heading { } </style><h2><span style="color:inherit;font-size:26px;"><span>High p</span><span>erformance teams that win all the time...&nbsp;</span></span><br></h2></div>
<div><style> .zpelem-text { } </style><div><div> Excerpt from just released book by Douglas R. Gerber </div>
<span style="color:inherit;"><div><span style="font-style:italic;">“TQ Team Quotient – How to Build High Performance Teams that Win Every Time”&nbsp;</span></div><p></p></span><div><span style="font-weight:bold;color:inherit;">AT THE END OF THE JOURNEY IS A NEW TEAM CULTURE&nbsp;</span>&nbsp; </div>
</div></div><div><style> .zpelem-imagetext { } </style><div><figure><a style="cursor:pointer;"><img src="https://www.giccapital.co.uk/files/blog_images/orchestra.jpeg" alt="" style="height:339px;width:508px;"></a></figure><div><div><span style="color:inherit;">Culture defines us in our family units, businesses, and organizations. It distinguishes who we are and how we are described. Employees can readily describe their organizational culture, using such words as supportive, open, results focused, etc. Much of that culture is built up over years or even decades. Yet we don’t have decades to build a successful team culture; we endeavour to create a strong and powerful culture within one to two years. We do this deliberately and consciously by </span><span style="color:inherit;font-style:italic;">defining the culture we want</span><span style="color:inherit;"> and then </span><span style="color:inherit;font-style:italic;">bringing it to life</span><span style="color:inherit;">. When team members start to identify strongly with the team, we know that the team culture has become embedded.&nbsp;</span><br></div>
<p><span style="color:inherit;"><br></span></p><div><span style="font-weight:bold;">THE 8 ELEMENTS OF HIGH—TQ TEAMS—‘VIVRE FAT’&nbsp;</span></div>
<p><br></p><div> As a result of working with hundreds of teams over many years, I have found that there are certain elements of High-Performance Teams that can be summarized by the acronym <span style="font-weight:bold;">VIVRE FAT</span>!&nbsp; </div>
</div></div></div><div><style> .zpelem-text { } </style><div><p><span style="color:inherit;">The idea of&nbsp;<span style="font-weight:bold;">VIVRE FAT</span>&nbsp;is not to create a group of ‘bon vivants’ or ‘gourmands.’ It’s rather about focusing on the ingredients that will create a great team that fulfils its mission and realizes its vision. Let’s examine each of the eight elements more closely.&nbsp;</span><br></p></div>
</div><div><style> .zpelem-imagetext { } </style><div><figure><a style="cursor:pointer;"><img src="https://www.giccapital.co.uk/files/blog_images/vivrefat.jpeg" alt="" style="height:480.58px;width:218px;"></a></figure><div><div><span style="font-weight:bold;">Vision (Mission)&nbsp;</span></div>
<p>High-Performance Teams know where they are going and have a keen sense of direction. The Vision syncs with the overall company vision yet is distinct to the team. The Vision is not something created and communicated by the team leader, alone; rather it reflects a core team effort, allowing all to feel ownership. It is a motivating factor that propels the team forward. It allows team members to set clear goals, and targets and measures success. The Vision encompasses not only the business but also other aspects, such as team, people, key financial metrics, industry, and stakeholders. Besides Vision, we may also want to define the ‘purpose’ or ‘mission’ of the team, which essentially defines its ‘raison d’être’ or reason why the team exists.&nbsp;<br></p><p><br></p><div><span style="font-weight:bold;">Identity&nbsp;</span></div>
<p><span style="color:inherit;"></span></p><div> High-Performance Teams identify with the team and are proud of it. This sense of pride is due, in part, to the personal efforts that each team member has invested in moving towards High Performance. Identity forms an important part of one’s own self-perception and may even be more powerful than company or industry Identity. Identity places the team first and knows that team effort is a key to overall success. The sense of being part of something much bigger drives team members the extra mile. They believe what they are doing has meaning and creates value.&nbsp; </div>
<p><span style="color:inherit;"><br></span></p><div><span style="font-weight:bold;">Values</span></div>
<div> High-Performance Teams know what is important to them. They have defined how they want to appear, interact, and be together. Values are not just words on the wall. They contain emotion and are packed with meaning. Values drive <span style="font-style:italic;">behaviours</span>, and all team members are expected to live the team’s Values. These Team Values are synced with Company Values, yet they are specific to the needs of the team. They are easy to communicate, both internally within the team as well as to external stakeholders. The Values are top-of-mind, drive the standards, and raise the bar. Just as the core team members are committed to Values, they need to be integrated into the larger team.&nbsp; </div>
<p><span style="color:inherit;"><br></span></p><div><span style="font-weight:bold;">Results&nbsp;</span></div>
<div> High-Performance Teams drive for consistent Results. They are clear about what Results they are committed to and realize that a ‘Results focus’ needs to be linked to <span style="font-style:italic;">defining team success</span>. They review and measure Results frequently and understand that “What gets measured gets done.” They are not only focused on Results but also on the elements that go into achieving the Results. All team members feel an obligation to deliver their part of the equation and help others do the same.&nbsp; </div>
<p><br></p><div><span style="font-weight:bold;">Effective&nbsp;</span></div><p>High-Performance Teams know that they need more than a maniacal Results focus. They need to master the drivers and processes that will create the results. They have clearly established processes for key aspects of the business and interactions. They believe both in doing things right and in doing the right things. They are constantly learning and continuously improving. They understand that team governance is an important part of the team process. Being Effective particularly applies to <span style="font-style:italic;">team meetings</span> in which over half of the time is typically spent on ‘reporting’ and ‘updating’ as opposed to making decisions on the truly important issues.&nbsp;<br></p><p><br></p><div> I once interviewed a client who said she enjoyed the monthly team meetings because it gave her time to catch up on her emails! Don’t laugh; that’s the state of most team meetings—lots of time wasted being ineffective.&nbsp; </div>
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</div></div><div><style> .zpelem-text { } </style><div><div><span style="font-weight:bold;">Fun</span>&nbsp;&nbsp; </div>
<div><p>High-Performance Teams know that sustained motivation comes from loving what you do. Team members enjoy being together and interacting in all ways. They also celebrate successes frequently.<span style="font-style:italic;"> If a team is not highly motivated and having Fun, it’s probably not a High-Performance Team</span>. That’s because the drive required to perform Effectively can readily be accessed through the power of emotion, which is generated from the energy of interacting with the team. As we have seen with sports teams, there is little motivation that is equivalent to wanting to show up for your team. That’s also why people refer to the power of team spirit, which has the power to overcome obstacles.&nbsp;<br></p><p><br></p><div><span style="font-weight:bold;">Aligned&nbsp;</span></div>
<p>High-Performance Teams are aligned on what to do and how to do it. They quickly resolve conflicts and move forward. They believe in the power of <span style="font-style:italic;">support, commitment, communication, collaboration, and agreement</span>, both within the team and with stakeholders. As a Vice President in PepsiCo, one of the key principles I learned was the importance of alignment. For every initiative, we endeavoured to get all those involved aligned. Alignment is half the success of an initiative. Once people are aligned, execution is smoother. Conversely, when you don’t have alignment, you will have a manifold increase in obstacles.&nbsp;<br></p><p><br></p><div><span style="font-weight:bold;">Trust&nbsp;</span></div>
<p>High-Performance Teams realize that trust is an essential ingredient. They communicate openly and with transparency. They believe in a feedback culture, actively giving and seeking feedback. To do this Effectively, building relationships and earning trust is a priority. Team members have each other’s backs. When I survey my clients, they say, “<span style="font-style:italic;">Trust is the hardest element to build, but it also makes the most powerful impact</span>.”&nbsp;</p><p><br></p><div><span style="font-weight:bold;">VIVRE FAT</span> is a simple reminder of what really matters in team excellence. It would behove leaders to master the art of building their teams.&nbsp; </div>
<p><span style="font-weight:bold;">“Leaders are only as good as the teams they build”&nbsp;</span><br></p><p>Read more: <a href="https://chiefexecutive.net/experiential-approach-to-organizational-learning/" title="An Experiential Approach To Organizational Learning" target="_blank">An Experiential Approach To Organizational Learning</a>&nbsp;<br></p><p>The post <a href="https://chiefexecutive.net/eight-core-elements-performance-teams/" title="Applying the Eight Core Elements of High Performance Teams" target="_blank">Applying the Eight Core Elements of High Performance Teams</a> appeared first on <a href="https://chiefexecutive.net" title="ChiefExecutive.net" target="_blank">ChiefExecutive.net</a>.&nbsp;<br></p><p><br></p><div><div> Also see the &quot; <a href="https://www.giccapital.co.uk/blogs/post/the-five-dysfunctions-of-a-team" title="The Five Dysfunctions of Teams" target="_blank">The Five Dysfunctions of Teams</a>&quot; by Patrick Lencioni&nbsp; </div>
</div><p>&nbsp;<br></p></div></div></div><div><style> .zpelem-text { } </style><div><div style="font-size:12px;"><p><span style="font-weight:bold;font-size:11pt;"><span style="color:rgb(112, 180, 45);">GIC Capital</span> – Matching Capital With Opportunity&nbsp; London +44 (0) 203 290 9019</span><span style="font-size:11pt;">&nbsp;</span></p></div>
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</div> ]]></content:encoded><pubDate>Tue, 03 Dec 2019 13:20:54 -0800</pubDate></item><item><title><![CDATA[How To Strengthen Your Relationship And Investing Strategy At The Same Time&nbsp;]]></title><link>https://lololol.zohosites.com/thoughts/post/How-To-Strengthen-Your-Relationship-And-Investing-Strategy-At-The-Same-Time</link><description><![CDATA[For many people, talking about money is one of the last things they want to do. When you're single, it’s relatively easy to keep track of your own fin ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_Emkm7uNeQ5i9DMqkDgYyGg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_vFNM4ZiVTii17rdngsUiZg" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_q2On07DISmeIzzt0HClk2w" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_b5QgA-IJQoqMp5E94hh0ow" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><div><div><style> .zpelem-text { } </style><div><p style="text-align:left;"><span style="color:inherit;">For many people, talking about money is one of the last things they want to do. When you're single, it’s relatively easy to keep track of your own finances and financial goals, without having to discuss, plan and compromise together with a partner. However, when you’re in a relationship, it’s important to maintain an open dialogue about shared finances and goals, and in fact, that dialogue can lead to stronger investment decisions as well. Misalignment around financial goals can often lead to friction that could put both the investments and the relationship at risk.&nbsp;</span><br></p></div>
</div><div><style> .zpelem-imagetext { } </style><div><figure><a style="cursor:pointer;"><img src="https://www.giccapital.co.uk/files/blog_images/couple.jpeg" alt="" style="height:321px;width:482.5px;"></a></figure><div><div><div> In a recent Honeyfi <a href="http://blog.honeyfi.com/love-and-savings-survey/" title="survey" target="_blank">survey</a> of 500 millennial couples, the majority of couples (71%) reported feeling stressed, overwhelmed, nervous, frustrated and/or confused about saving for financial goals with their significant other. This financial stress can often bleed into other areas of the relationship and put a strain on potential investment decisions as well.&nbsp; </div>
</div><p><span style="color:inherit;"><br></span></p><div> On the other end of the spectrum, couples who were “very aligned” on finances and investing were twice as likely to report being extremely happy in their relationship and 59% less likely to fight about money at least once a month.&nbsp; </div>
<p><span style="color:inherit;"><br></span></p><div> When it comes to investing in real estate together, getting aligned with your spouse on investing goals is a must. Just as misalignment on financial goals can cause tension in the relationship, misalignment on investing goals and investing strategy can lead to dissonance as well, especially for the larger and more long-term investments that you tend to find in real estate.&nbsp; </div>
</div></div></div><div><style> .zpelem-text { } </style><div><div> Of course, we all want to be aligned with our spouses on financial and investing goals, but it’s often easier said than done. Each person develops a different relationship with money over the course of their life due to various experiences, including their own family's notions about money, the neighborhoods where they grew up, friends they had and more.&nbsp; </div>
<p><br></p><div> Because of this, each person has a different risk tolerance when it comes to money, and those risk tolerances in a relationship might not always align. Often, one person in the relationship tends to be more risk-averse than the other, and this can lead to disagreements on whether and how to invest shared savings.&nbsp; </div>
<p><br></p><div> But, believe it or not, this can actually be a huge advantage to your long-term investing strategy and growth. Let me say that again: Disagreeing with your spouse on investing strategy can be an advantage.&nbsp; </div>
<p><br></p><div> Think about it this way. If you tend to be risk-averse, and you were making all the investing decisions on your own, you might see a ground-up development deal and turn it down before ever giving it any serious consideration. Because you're focused on all the risks, you might miss out on all the potential rewards on the backend. On the flip side, if you tend to be more open to risk, you might come across a long-shot opportunity and take it without fully understanding all the potential risks, which could lead to unexpected losses down the road.&nbsp; </div>
<p><br></p><div> That's why it can be so valuable to have an investing partner whose viewpoints differ from yours, even just slightly. Talking through the pros, cons, risks and rewards of each deal can help you find and create stronger investment opportunities and will make you both more comfortable and committed to the deal when you finally decide to pull the trigger.&nbsp; </div>
<p><br></p><div> This is why it’s so important to have regular and ongoing conversations, not just about real estate investment opportunities, but also about your long-term financial goals. To make it fun, plan financial date nights. Get some treats and a couple glasses of wine, and dream about your future together. Before you break out the spreadsheets and the budgets, focus on your shared vision of the future. Where do you envision yourselves in five years? What are some pain points in your life today that you wish you could change? What does the ideal retirement look like for you?&nbsp; </div>
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</div></div><div><style> .zpelem-text { } </style><div><div> Having a shared vision will put all the potential real estate deals and investment decisions into context, as you'll both be aiming toward the same end goal.&nbsp; </div>
<div><br></div><div> If your spouse is more risk-averse than you are, be sure to give them plenty of time to do their own research and get comfortable with the real estate investing ideas and strategies you’re proposing. Share blog posts, books and podcasts that you’ve found to be especially helpful in your learning journey, so your spouse can hear from other experts and start to build their own understanding and perspectives about real estate investing.&nbsp; </div>
<div><br></div><div> Real estate investing can be intimidating for those who have never done it, so be sure to give your spouse ample time to get comfortable with the idea. Be patient when they express doubts and ask questions, provide resources when appropriate and find ways to learn together.&nbsp; </div>
<div><br></div><div> Then, when you’re both ready to take the plunge, start with a low-risk real estate investment so you can test the waters. Once the cash flow starts coming in, your spouse will likely be much more willing to continue investing and to try other, potentially more aggressive, real estate investment strategies.&nbsp; </div>
<div><br></div><div> Overall, when embarking on a real estate investing journey with your significant other, remember that you’re in it together. Because real estate investments tend to be more sizable and longer-term than other types of investments, it’s important to talk through and gain alignment on investing strategy and investing goals from the outset.&nbsp; </div>
<div><br></div><div> Ultimately, by having these investing and financial conversations consistently and frequently, you are deepening your relationship, building a shared vision and increasing the chances that you'll realize the financial and life goals you each have. Along the way, remember to dream about your future together, take risks together, support each other and of course, to have some fun as well.&nbsp; </div>
<div><br></div><div><span style="font-style:italic;">Source: Annie Dickerson, Forbes Council Member&nbsp;</span></div>
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</div> ]]></content:encoded><pubDate>Tue, 26 Nov 2019 00:13:13 -0800</pubDate></item><item><title><![CDATA[How to use your SME overdraft to your advantage]]></title><link>https://lololol.zohosites.com/thoughts/post/How-to-use-your-SME-overdraft-to-your-advantage</link><description><![CDATA[
 SMEs often find that no matter how hard they try, it’s not always possible to guarantee how much money you’ll have in the bank account on any given d ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_L7TVZVIWRbCJuMl91iMPDw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer"><div data-element-id="elm_DqrvxsXRQIusJCE8yNz8QA" data-element-type="row" class="zprow zpalign-items- zpjustify-content- "><style type="text/css"></style><div data-element-id="elm_y_5mT8ilQHGUFdKN5EjuSg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_-U9NsQE2ReSIdyYlD3iKqg" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div><div><div><div><div><div><div><p><img src="https://www.giccapital.co.uk/files/blog_images/business%20overdraft.jpg" style="width:552px;height:367px;"><br></p></div>
</div><div><div><p><span style="font-size:14px;">SMEs often find that no matter how hard they try, it’s not always possible to guarantee how much money you’ll have in the bank account on any given date. There are a large, varying number of factors which mean that an overdraft might just be an essential lifeline.</span></p><p>&nbsp;</p><p>In our extensive experience in <u><a href="https://www.giccapital.co.uk/revolving-capital-facility" target="_blank">providing financial solutions for SMEs</a><a href="https://www.giccapital.co.uk/revolving-capital-facility"></a></u>throughout the UK, we know that an overdraft that is always there just when you need it is a safety net that comes in handy at a pinch. Here’s how to use your SME overdraft to your advantage.</p><p>&nbsp;</p><p><br></p><p><b><span style="font-size:16px;">Late invoice payments</span></b></p><p><b>&nbsp;</b></p><p>While any business would love to guarantee that everything will run smoothly, there are some things which just end up going slightly wrong. Inevitably, one of the things which most commonly arrives late is an invoice payment. If a business in your supply chain is maybe not as organised as they could be, this can have a huge knock-on effect. Even if your books are perfectly balanced and in order, that doesn’t mean that you can 100% guarantee those invoice payments will clear by the time you really need them. Should this happen, it’s a great benefit to know that your overdraft will be there to ensure you’ll remain in the black.</p><p>&nbsp;</p><p><br></p><p><b><span style="font-size:16px;">Delay in imports</span></b></p><p><b>&nbsp;</b></p><p>Similarly, depending on the type of services you offer, you could find your business unable to deliver your end product due to a delay in imported items, meaning that you might not be able to receive customer payments when you need them the most. This can make managing finances difficult, but an overdraft like <u><a href="/" title=" those we offer here" target="_blank">those we offer here</a><a href="https://www.giccapital.co.uk/revolving-capital-facility"></a></u>at GIC Capital can be invaluable.</p><p>&nbsp;</p><p><br></p><p><b><span style="font-size:16px;">Projects exceeding expectations</span></b></p><p><b>&nbsp;</b></p><p>When a project exceeds expectations in size and scope, you might find that they go over budget. Whether you’ve wildly stretched your budget or you’ve just been nudged slightly too far, the money all has to come from somewhere. Luckily, you can rely on an overdraft to ensure payments aren’t bouncing.</p><p>&nbsp;</p><p><br></p><p><b><span style="font-size:16px;">Short-term investment options</span></b></p><p><b>&nbsp;</b></p><p>Aside from negatives like late payments or projects outgrowing their budget, there are plenty of positive ways you can use your loan to help your business. Should you come across a short-term investment option which would be of great financial benefit to your company in the long run, an overdraft is a perfect tool to utilise when funds are low.</p><p>&nbsp;</p><p><span style="color:inherit;"></span></p><p><span style="font-size:14px;"></span></p><p>To find out more about how we can help SMEs get off the ground, take a look at <u><a href="/" title="the services we offer" target="_blank">the services we offer</a></u>.</p></div>
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</div></div> ]]></content:encoded><pubDate>Sun, 22 Jul 2018 22:32:00 -0800</pubDate></item></channel></rss>