Archive for June 2020

GOLD RUSH

Typically, when winter hits, us girls all have some instinct that leads us towards the perfection that is the black and gold combo and I’m clearly no exception to this – it’s an excuse to dig out my Jeffrey Campbell nightwalk’s after all, and if I’m honest they really don’t see much daylight! 

Lately my ensembles have been quite overpowered with black, and I’m generally the kind that prefers a bit more colour in my life – but apparently when the summer sun dissipates, so does any form of colour in anyone’s winter palettes. Maybe that has something to do with the excessive amounts of treats we eat this time of year, because you know it’s almost Christmas and it’s fine to have 10 cream cakes in one serving that one time (that one time that just so happens to be five times a week, but it’s ok because it’s Wednesday….) and you know, our ‘New Year’s resolution’ is to sign up to the gym and burn it all off… Excuse me while I go and sob into my tin of Quality Street, all widow-like in my black outfits, mourning the loss of the summer body.

But now, for some sparkly things! And so they return, the essentially ‘vintage’ Zara fur coat that I’ve had since my extremely early teens, along with a wonderfully battered pair of Ray-Ban Sunglasses. Despite the totally ripped up lining, there’s something about it that I just can’t part with, and I just love the way it finishes off a winter party outfit. 

Whilst growing Pretty Little Thing’s website, I noticed they had some serious sparkle going on this season, and I couldn’t resist the 60’s fit of this dress. There’s something so Edie Sedgwick about it – or maybe that’s just me, but I love it even still! For me, fur and sequins are the ultimate NYE look – it’s the best of both worlds, coziness and glamour!

I’ve never been much of a layering person, but this sequin cami from my previous post was the perfect excuse for a time to start and this cute little roll neck from Primark is so perfect for the job. I do love getting dressed up, but when it’s cold outside it’s so easy to prefer not to leave the house and freeze in the name of fashion, which is where a bit of casual and sparkly layering is our savior – the best of both worlds!

Advantages of venture capital

The growth of new small businesses has increased in recent years. New ideas of firms are the choice of young entrepreneurs and some old business houses. And for these investments remain the blood. No matter which phase it is, funds are essential aspects. The fact is that businesses face problems in getting finances for their work. Venture capital is a useful option for them. It means the investors provide money to the one who deserves it. And with that, the entrepreneurs get motivated towards their idea and work.

Opportunity

The primary benefit of these types of funds is they provide and offer to explore. They allow organizations to enter the markets. With no risk of repayment, the unknown players find it interesting. NYCL lending services bring both parties together. They work with the best of skills and try to give the best results. It makes the venture capital a preference over other sources of funds.

Guidance

Investors not only give their money; they also share the knowledge they possess. No one will ever want to lose the money they invest. The fact is those who invest try the best to gain out of it. From the other side, new start-ups come to know about new things. And such help makes them grow faster. New people in business come with no or less experienced, and the experts help them with data and analysis of years. Technicalities are challenging to understand, and this is where another role of investors comes in.

Trust

Venture capital is easy to get, but this does not mean they do not secure it. Often such investors and start-ups are recognized with the authorities. Such a feature provides security to both parties. Be it identities, or safety of investment the regulations and reach are enough.

Finding investors

Earlier it was tough to get an investor for your business. But now things are distinct, and there are lots of investors ready to invest in companies. It makes the venture capital a preferable source of funds. Going for other sources makes it difficult for investors in terms of formalities and repayments.

Best for new business

Looking for banks as a source often requires you to keep something as collateral. Collateral is the major issue with such business. In this scenario, venture capital is the best source as there is no need for collateral and interest.

Understanding Credit Card Processing Fees

New merchants are often overwhelmed after they receive their first bill from a credit card processing company. The long list of mysterious charges will leave you exploited and powerless. However, a little information in understanding your law will go a long way to help you. Go through http://www.easyfinance.com/blog/understand-credit-card-processing-fees/ for more!

In this blog, I have tried to break down credit card processing fees to give you a greater understanding of what you are paying for.

Credit Card Processing Entities

You can breakdown the processing entities into three parts:

Interchange Fees

Assessment Fees

Processing Fees

Interchange Fees

This fee is for the bank or the credit card issuer, and it makes for the vast majority of the entire processing expense. These charges are pre-determined by an issuer, and in no way can be negotiated. They depend on the following factors:

  • Credit Card network; Visa, Amex, etc.
  • Card type: both credit and debit cards have different charges. Moreover, some credit cards can have upcharges like business and reward cards.
  • The method of payment processing also impact the expenses of the transaction; it depends on the chargeback risk factor. Swiping a card has a different rate than entering the card information. Some issuers also distinguish between the online payments and the card-not-present payments.
  • The merchant category code, or MCC, which marks the classification of your business industry is based on a couple of risk factors. Industries of high risk like adult products, gaming, and CBD have significantly elevated rates when compared with other sectors.

Some card issuers make their fees details available publicly. This is even more helpful when you are trying to figure out the validity of the bill. Some issuers don’t make this information available publicly; usually, this indicates higher than usual price.

Assessment Fees

Issuers charge this price, which is why it is not negotiable. These rares are under the discretion of the company, but they depend on a couple of factors like card type, type of transaction, the volume of sales. International operations have high rates.

Processing Fees: Now this is the only negotiable part of your entire bill, and it hoes to the credit card processing company. However, before you attempt to negotiate the prices, you must know how much of your bill contributes to their profit margin.

Types of charges

All the three entities of the bill fall under the following categories:

Transactional: A small fee you pay during each transaction. This is the rate that is advertised to you before you sign up. However, they make up only for a small portion of the actual fee.

Scheduled: This is the regular fee that does not depend on the transaction volume. These charges include fixed acquirer network fee, Merchant location fee, Annual fee, among others.

Incidental: These charges depend on the behaviour of the account and can be avoided. Some ancillary fees include account closure fee, application fee, chargeback fee, among others.