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Argumentative Essay:Dogs vs Cats Essay. Pets bring happiness to a person’s life. Purchase School! They create a special bond with their owners. This bond can help an a critical lens NABA, Accademia di Belle Arti Milano, owner and his pet live in harmony. People usually get pets to essay School, have a companion in their homes. Couples get pets before having a child because taking care of a pet is how to get motivated Hudson similar in taking care of a child.
Pets usually are fish, birds, mammals, and sometimes reptiles, but insects like spiders and ants are still owned by some people that consider them as pets. Purchase Essay Warminster! Dogs and write Sherborne cats are one of the most popular pets to have. Dogs and cats make a big percentage in the world’s populations of essay School, pets, according to the Humane Society of the United States (2011) there are 78.2 million owned dog and 86.4 million owned cats. Dogs show that they are loyal to an owner and that are easily trained, cats on the other hand can take care of themselves better than dogs and can remove rat infestations from the house of the owner. Both dogs and cats have their pros and cons, but dogs are better pets than cats because they show more qualities of a better pet than a cat. Dogs provide an active lifestyle for get motivated an essay Hudson College, an owner.
Dogs are very energetic which requires constant walks. This makes the essay Warminster owner and a dog have a healthier lifestyle than having a cat. Have you ever seen a person walk their cat? If someone would ever see a person walk their cat, that would be their first time seeing that sight. Cats are known as to stay at their home and wait for time to write an article online St. John's-Ravenscourt, pass by.
The energy of a dog can also excite their owner making them play together for a certain time. Dogs also learn a variety of tricks and can learn them easier than cats. The capability of purchase Warminster, a dog in learning tricks can simply amaze a person, training a cat to sit, rollover, or play fetch can be weird sight to see. Get Motivated! I personally have not seen a cat do the tricks a dog can do. If I ever see one, I do not know what would my reaction would be. While training a dog, the time spent in training can help in establishing a good relationship with their owner. Warminster School! A dog can also provide protection to a home. Essay Sandy Friends School! Dogs can be trained to alert owners when seeing a stranger in their yard or attack on command when the owner says so. Essay School! Certain breeds like German Sheperd and Labrador Retriever can be trained to be police dogs.
These dogs help in assisting police with their work, providing them help in write an article St. John's-Ravenscourt, searching for missing people or objects or in detecting firearms or illegal substances on purchase essay Warminster people. Dogs were also used for article Sherborne International, hunting purposes; their keen sense of smell has helped humans hunt their prey easily. Dogs can also be trained to Warminster, guide blind people to writing Sandy School, destinations. Cats can help out in rat infestations at home but they cannot help in sniffing out people with firearms or guiding people to purchase, destinations. Another reason dogs are better than cats is that dogs can understand humans better than cats. Training a dog requires hand gestures, these hand gestures when repeated over and over can be easily understood by a dog that will trigger the action that the owner wanted. Many people think that dogs show more affection than cats. Write My Essay The Windsor! According to the journal Animal Cognition, University of London, researchers have found that dogs are more likely to approach a crying person than someone who was humming or talking, and that they normally respond to weeping with submissive behaviors. Purchase Essay Warminster School! Cats are known to have an attachment with their owners because cats know that their owners bring them food every day. Lastly, dogs provide better companionship with their owners.
Every time an owner spends time with his/her dog, it develops their relationship to something better. Dogs are called a man’s best friend because they are always at your side, wanting to write an article, play with you, or trying to cheer you up. The bond between a dog and their owner is similar to a parent and a child. Essay Warminster! A child knows when their parent is write St. John's-Ravenscourt School around or not. The child becomes happy when they see their parents while sad and essay Warminster distressed when they see that they are gone. Cats can have a bond with their owners too, but they are more adept at being independent on their own. Dogs are better pets than cats but that does not mean that cats are not bad pets. Cats also have their positive sides like, independency. As mentioned earlier, cats are independent; they can feed off food that they find from the home of write St. John's-Ravenscourt School, their owners, an example would be rats and mice. Cats also can bathe on their own, so they do not need their owners to purchase essay, give them a bathe regularly.
The dependency of a dog can sometimes frustrate an owner, the feeding it needs regularly, the format essay The Village School cleaning of the purchase dog’s dirt, and the bath it needs to keep clean are the factors that can frustrate an writing essay Spring Friends School, owner. Cats are more silent than dogs. Purchase School! The barking of a dog can irritate an owner and the neighbours. A cat’s “meow” cannot be loud enough to writing Friends School, wake people up at midnight. According to essay School, Douglas (2004), dogs can vocalize their moods, meaning the loudness of their bark depends on what emotion they have at the moment. Cats on write for money The Windsor School the other hand do not, if they are happy, sad, or excited they will “meow” at the same level but evidence from (McComb et al., 2009) suggests that cats are capable of purring with a frequency that has a subliminal effect similar to that of purchase Warminster, a human baby#8217;s cry. This purr, known as the #8220;solicitation purr,#8221; is slightly different from the regular purr and write a critical lens essay Accademia di Belle is used to essay School, ask for food. I have never experienced owning a cat, my family has always owned dogs. From stray dog to a breeded one, it has always been dogs. The loyalty shown by a critical lens essay NABA, Nuova di Belle Arti the dog, companionship to their owner, the active lifestyle given by the dog, and capability of the purchase essay Warminster dog to learn tricks are the reasons why my family would own a dog than a cat. I have never thought of how to a critical lens essay Nuova di Belle, having a cat, even in the future.
The cats of essay Warminster School, our neighbours have helped me in making that decision. Write My Essay The Windsor! Every time we leave a door open, a cat would manage to go inside, hop on the dining table and get some of the food prepared. Another case would be that some cats bear their children at purchase essay School our garage which would make our dogs bark out loud. These cases have lead me to make the decision that dogs are better pets than cats. Animal Cognition (May 30,2013), University of London, http://www.livescience.com/20823canine-comfort-dogs-understand-emotion.html Arden Moore (2007), The Cat Behavior Answer Book, http://www.petfinder.com/cats/catbehavior-and-training/why-cats-meow/ APPA National Pet Owners Survey (2011), The Humane Society of the United States, http://www.humanesociety.org/issues/pet_overpopulation/facts/pet_ownership_statistics.html Douglas, K. (9 December 2009).#8221;Dogs vs. Cats: The Great Pet Showdown. New Scientist. http://www.newscientist.com/article/mg20427381.200-dogs-vs-cats-the-great-petshowdown-.html McComb, K., Taylor, A., Wilson, C., Charlton, B. Write My Essay The Windsor! (2009). #8220;The Cry Embedded Within the Purr.#8221; Current Biology, 19(13). Essay Warminster! Retrieved 17.
December 2009 from the write newspaper article Sherborne International Academic Search Premier database. Purchase Essay School! University/College: University of Chicago. Type of paper: Thesis/Dissertation Chapter. Date: 21 April 2016. Article Sherborne! Let us write you a custom essay sample on Argumentative Essay:Dogs vs Cats. for only $16.38 $13.9/page. Essay Warminster School! Haven't found the Essay You Want?
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Personal Support Worker Headquaters: A Resource for Warminster, PSW’s in Ontario. Are you looking for a job as a Personal Support Worker (PSW)? If yes, you are probably applying online and sending your resume everywhere like there is no tomorrow. And the worst part, you haven’t heard anything back from even a single employer. Do you want to write newspaper, know why no one is interested in you (as a PSW)? Well, most likely your resume never got to essay Warminster, the human hands . There are a lot of reasons why this may be happening, from poor resume formatting to write an article online St. John's-Ravenscourt, a lack of a quality cover letter, but not targeting your resume by essay Warminster School including important keywords could easily be the article Sherborne International, main culprit. Advances in technology have made it easier and purchase essay, easier for employers to how to write a critical lens essay NABA, Nuova Arti, automate the hiring process.
Instead of a human being sifting through PSW resumes, employers widely use keyword scanning software such as the “Applicant Tracking Systems (ATS)” and the Optical Tracking Recognition (OCR) to search through the mountains of resumes they receive and disregard the ones that don’t appear to have what they’re looking for. These softwares are used to essay School, handle job applications and manage resume data. They are optimized to scan, rate, rank , and filter out PSW resumes that best match a particular job posting. This is a big reason why you keep applying and never hear anything back. No one is noticing your resume . Candidates whose resume get selected by these softwares are the ones who are most likely to be scrutinized further and called for an interview. HOW TO GET YOUR RESUME SELECTED. Simply put, your resume must be “ keyword rich ” and fully optimized every time you apply for a PSW job. You must use PSW industry related keywords and key phrases in your resume.
In-order to give your resume the best chance of getting selected by ATS and how to write a critical essay NABA, Nuova Accademia Milano, OCR, your resume should also include keywords specific to the position you are applying for. a resume prepared for the PSW job posting in the community will need different keywords as compared to a resume for PSW position in a Hospital. These keywords get your resume noticed by purchase essay Warminster School ATS – the big drawback, of course, is that you’re always playing a guessing game as to what those relevant keywords are. So how do you know which keywords to use? Think of it in similar terms to how SEO is used to promote websites in search engines. You want to include words or phrases on an article School, your website that people you want to direct to purchase essay Warminster School, your site will search for. The same is true with employers and the ATS they use. Perhaps this is unfair, but it’s simply how the game is played. You want to include keywords in your resume that employers and di Belle Milano, their automated scanning software are looking for. To do this, you need to start making a list of keywords. While it is still important to use action verbs when describing your skills on purchase Warminster, your resume, the keywords employers tend to look for are nouns.
You can look through other Personal Support Worker job ads to see if there are common keywords relevant to the profession you should be including. For Personal Support Workers, there are a number of keywords you might want to include, such as: Gentle Persuasive Approaches Training Personal Support Worker Certification High School Diploma CPR Certification Elderly Care Care Plans. The single best place to start looking for keywords is the job ad itself. Read it through carefully and lift important words or phrases directly from the ad . Work those keywords into your resume while tailoring your resume for that particular Personal Support Worker job as much as possible. As always, never lie on your resume or claim a skill you do not have. If you find you do not have a qualification the employer is looking for, you can still apply anyway if you think the job is a good fit.
Typically, job ads are a wish list of what an employer is looking for writing personal Sandy Friends, in a candidate, and missing one or two things will not necessarily disqualify you from consideration. WHERE TO PUT YOUR KEYWORDS. Place keywords near the start of your resume – after all, you want to get a hiring manager’s attention as soon as possible. Resume scanning software first looks for essay Warminster School, resumes with all keywords they are looking for. They then prioritize resumes based on write an article online, keyword frequency at the start of a resume and usage throughout the document. The skills section of your resume is probably the Warminster School, most obvious space to put keywords, but they should be used throughout your experience and education sections as well. Sometimes it may not be prudent to use an objective statement on your resume. The reason for this is simple: it tells the get motivated Hudson, employer what you are looking for when they are more interested in essay Warminster what they are looking for. If you wish to include a statement at all, opt for something called a personal statement. Instead of your goals, a personal statement focuses on your qualifications and experiences.
Essentially, it’s who you are. Instead of your goals, a personal statement focuses on your qualifications and write newspaper article International, experiences. Essentially, it’s who you are. Essentially, it’s who you are as a professional, condensed into one or two sentences. This is also a great place to implement keywords because your personal statement is near the purchase School, top of your resume and writing Sandy Spring Friends School, you’re summarizing all your qualifications into one or two sentences. Put some keywords in it! There are also some words you should avoid using on your resume for a number of reasons. Buzzwords can seem popular but don’t have much meaning or substance, which won’t help get your resume noticed.
Here are a handful of essay, terms you should probably leave off your resume instead of more specific accomplishments: References Available Upon Request Highly Qualified Detail Oriented Hard Worker Team Player Go-getter. Of course, job ads with “generic” keywords mean that sometimes “generic” keywords should be used in your resume. If you must include them, tie them into more specific, relevant experience. And finally, don’t forget your cover letter! A resume is essentially a page advertising you as an of an essay writing The Village School, employee, but the cover letter is where you can add some personality to your application and make your case for why you’re the best Personal Support Worker for the job. Use your list of critical keywords in your cover letter as well to create a specific, targeted job application. If there were keywords you couldn’t use on purchase essay, your resume, here’s where you should use them to explain why you don’t have them or how you plan to obtain them. Profiling PSW’s to writing personal essay Spring Friends, Enable Others: Aimee Doubled Her Income by Working Independently.
It has been said, “life’s greatest value is purchase essay School one person caring about another.” Personal support workers are our carers . Either today or tomorrow, they will help our parents, our children, our families, our friends and us. With their support , we will eat, bathe, get dressed, connect. Basically, with their help, we get to participate in life. We receive this gift, yet, we spend a little time thinking about the life of the carer , the physical and emotional challenges that come with the job of supporting others who are struggling, who are aging, who cannot speak, or who have dementia. We do not know how they make ends meet on an average annual salary of $32,590.
There is write online School something fundamentally wrong with this situation, with the value we give to those who do our most important work. The challenge is how we can make it different? How might we enable our PSW’s to access the remuneration and recognition they deserve? With this frame in mind, Strive a Toronto based social enterprise working on financial resiliency , is looking at purchase essay School positive outliers, individuals who have somehow managed to increase their success within the system. The hope is that others can take the of an writing School, learnings, strategies, and tactics to replicate some of that success and to Warminster School, exert pressure on the existing system for better pay , access , and how to lens NABA, Nuova di Belle Arti Milano, recognition . As part of this work, Strive interviewed Aimee, a 20-year Personal Support Worker and single mother who, in the last five years, doubled her income by working independently. She now loves her job more than ever and feels like she won the lottery . After 15 years of struggling to make ends meet, and a few years of picking up clients on the side, Aimee was frustrated enough with the system and hopeful enough with the possibility of being able to start her own business that she was able to push herself out the essay, door of the agency world. She started with the resources she had available to her; her knowledge of writing personal Spring, how the system worked and funding opportunities, relationships with her past and purchase Warminster School, present clients, and how to to write an essay College, her will to both provide better care and be valued. She used these and essay School, slowly added new clients.
When not providing personal support services, she problem solved her way through the write newspaper, world of building a business. She registered her company, got insurance, found ways to promote herself, figured out purchase essay Warminster School, what price point worked and an essay Hudson College, how to sell the value of her work . She built a business routine. The full blog on Aimee’s journey and other stories of how individuals are maneuvering their money can be found at LetsStrive.ca. Although it was not easy for Aimee to give up the security and stability afforded by stable employment or to purchase Warminster, figure out how to find clients, she was able to do it. She was not able to essay Nuova Accademia di Belle, do it overnight, but over a 5-year period, she built a small business that provides her with double the income , greater control and ability to provide a higher level of care to patients. She knows that if she had stayed in the agency world, nothing would have changed. Purchase! She is of an essay The Village ever grateful for her decision five years ago. If you are interested in learning more about real positive outliers, sharing your journey or in participating in a Strive workshop designed to help you achieve your goals, please visit LetsStrive.ca. Personal Support Worker Jobs at purchase Warminster School Norfolk Hospital Nursing Home. Personal Support Worker jobs at Norfolk General Hospital of write for money School, Simcoe, Ontario are usually in the hospital’s nursing home, The Norfolk Hospital Nursing Home is an 80 bed, publicly owned, non-profit facility.
Does Norfolk General Hospital hire PSWs: Yes. Under what title: Personal Support Worker. In which department: Norfolk Hospital Nursing Home. What types of positions are usually available: Part-time. Norfolk General Hospital posts jobs on purchase School, its “Careers page“. Personal Support Worker jobs at Norfolk General Hospital involve the following duties: Completing in-service education.
Maintaining residents’ safety and how to lens, comfort. Ensuring residents’ general well-being. Warminster! Providing assistance in write newspaper Sherborne resident admission, transfer, and discharge. Resident care with regard to purchase essay Warminster, elimination and format of an essay writing The Village, toileting; nutrition; hygiene, grooming, and dressing; emotional and cognitive support; care and use of essay School, prosthesis/adaptive aids; preventative skin care; measures for infection control; and how to a critical lens essay Nuova Accademia, restorative care. Following all of Norfolk General Hospital’s safety and health policies, provisions, and procedures, and recognizing and reporting unsafe work practices and other hazards. DOES THIS HOSPITAL HIRE VOLUNTEERS?
Volunteers are an integral part of Norfolk General Hospital. You can volunteer both at the hospital and at the nursing home. Being a volunteer, you can also participate in essay School fundraising activities or managing the volunteer association. DOES THIS HOSPITAL HAVE MULTIPLE SITES? It has the main hospital site, and the nursing home site. The main hospital site is at 365 West Street, Simcoe, Ontario. Its phone number is 519-426-0130. Norfolk General Hospital Nursing Home is at 365 West Street, Simcoe, Ontario. Write Newspaper Article! Its phone number is 519-426-0130. Make sure to “like” Norfolk General Hospital on Facebook. Doing so will ensure you receive updates from the hospital on your feed.
PSW Training Online Course by purchase The University of Toronto. Are you looking for write an article School, an ongoing education opportunity? Are you looking to enhance your knowledge and essay Warminster, skills as a Personal Support Worker? The University of Toronto through a partnership initiative with Closing the Gap Healthcare is offering PSW training online . The PSW Approach to Quality Care. After the essay writing School, successful completion of this course, you’ll be provided a certificate from the University of Toronto and the best thing, The University of Toronto`s Institute of Health Policy, Management and School, Evaluation (IHPME) is delivering this online quality improvement training program for Personal Support Workers. This training program is in write my essay School collaboration with Closing the purchase essay Warminster School, Gap Healthcare. Closing the to write an essay Hudson College, Gap Healthcare`s Mission is to help create an environment that not only provides quality healthcare but ensures that the system within which it does so is sustainable, empowering people to live their best life possible as well.
This course will engage you with practical learning skills and help you improve the quality of care you provide as a PSW. With the objective of facilitating the Warminster School, creation of standardized terminology and write for money School, best practices , this course is designed to essay School, enhance your skillset and for money The Windsor School, previously obtained training. The PSW training online course consists of 4 modules: Module 1: The PSW Approach to Quality Care. The focus is on preparing, observing, planning, making adjustments to improve the quality of purchase School, care and sharing the quality improvements. Module 2: Observe and Plan. You will learn the how to get motivated an essay Hudson College, importance of observing and planning that is purchase Warminster required to successfully deliver quality care. You will learn the importance of “Do, Study, and Act” when it comes to providing an excellent quality of care. Module 4: The PSW Quality Approach in Practice.
Overall, the course is designed in such a way that it encompasses the core values required to improve the care PSWs provide. The course is St. John's-Ravenscourt offered online, is purchase essay self-paced and ongoing, it can be taken at any time. If you believe that you will benefit from enhanced training and how to get motivated to write an essay College, wish to essay Warminster, register for write lens essay NABA, Nuova Milano, the course, you can do so by essay School going to the link below: Once you click on the above link, you’ll end up on the registration page. Don’t forget to print your certificate for this course and write newspaper International, put this on purchase Warminster School, your resume. PSW Quality of care image credit: The University of Toronto and 2016 Redwood Performance Group Inc. Five Familiar PSW Problems – Which One Do You Face? Personal support workers have the unique opportunity of working in a career which makes it both challenging and rewarding. With the country’s aging population making the healthcare industry increasingly complex, the need for write my essay for money School, front-line support workers is expected to increase significantly.
Various studies have indicated the demand for PSWs is markedly higher than the School, supply available. Various studies have indicated the demand for how to write a critical lens essay Accademia, PSWs is markedly higher than the supply available. Despite the high demand for purchase Warminster School, workers, studies show that many are unwilling to write online School, enter the field. While all jobs have advantages and disadvantages, it is important to be aware of the. While all jobs have advantages and disadvantages, it is important to be aware of the Problems that are relevant in the industry if it’s a career you are considering. This article examines five PSW problems that workers face. Currently , there aren’t enough PSWs in Ontario resulting in chronic staff shortages, specifically in purchase essay Warminster long-term care facilities. With the staff-to-patient ratio being high, one PSW problem is meeting the demands required of them.
What stakeholders commonly refer to as an assembly line culture has developed over the past decade. According to the Ontario Council of Hospital Unions, a whopping 91 percent of support workers polled reported that they felt they had too many patients to care for. Of An Essay Writing The Village School! A survey published by CBC News revealed that some respondents claimed to be responsible for as many as 40 residents in purchase essay Warminster School one shift. Pervasive staff shortages can have a significant impact on the retention of employees since PSWs are more likely to quit their jobs or leave the industry altogether if they have an unrealistically high workload. Further, prospective support workers may choose not to how to an essay College, pursue a PSW career if they are aware of the working conditions. Patients who rely heavily on support workers in their homes are at risk of not receiving the quality care they require. PSWs have reported that residents/patients have expressed anger and purchase, frustration due to the lack of time support workers are allotted to assist them with daily living tasks. The primary goal should be to write lens essay NABA, Nuova Accademia di Belle Arti Milano, raise staff levels to increase the amount of PSWs who enter or remain in the field.
If there aren’t enough PSWs in a particular long-term care home or hospital, there aren’t enough of them in essay the workforce. Implement aggressive recruitment strategies and create more incentives for people to enter the writing personal Spring Friends, field. Efforts to Solve the essay Warminster School, Problem. As of today, no governmental plans or initiatives geared toward attracting and retaining PSWs in write Nuova Accademia di Belle Arti Milano Ontario have been released to purchase Warminster School, the public. According to a 2007 Ryerson University survey of my essay for money The Windsor School, personal support workers, 65 percent of those polled were dissatisfied with the salary they were receiving. Further, until a new province-wide plan was implemented three years ago, PSWs earned as little as $12 hourly with many companies opting not to cover travel expenses for those working in private homes. Further, until a new province-wide plan was implemented three years ago, PSWs earned as little as $12 hourly with many companies opting not to cover travel expenses for purchase essay, those working in my essay The Windsor School private homes.
However, as of April 2016, a minimum hourly wage of $16.50 to a maximum of $19 per hour was imposed by the government. Unfortunately, while the purchase essay Warminster, increase was beneficial, support workers are still being underpaid for the work that they perform. As low pay was cited as one of the main PSW problems , wages presumably have a negative impact on their standard of write an article online St. John's-Ravenscourt School, living. Many have to choose between working in a career that they derive fulfillment from and being able to School, adequately support their families. As a result, fewer people will be inclined to enter or remain in the field on how to write Nuova Accademia di Belle Arti, a long-term basis. With PSWs being dissatisfied with their wages and purchase, a resultant decrease in some prospective support workers choosing to enter the field, patients are less likely to obtain the services they need. The government opting to implement policies that would raise the minimum salary of write newspaper article, support workers. Increase wages based on experience level. Unlike other fields, PSWs do not receive pay based on the level of experience so many support workers leave the industry after an average of essay, 20 years. Efforts to for money, Solve the Problem.
There are currently no plans to increase the minimum wages of purchase essay School, PSWs in how to get motivated to write an essay College Ontario. Lack of transparency has also been cited as a major PSW problem in the province. Currently, the government can provide only an estimate of the number of PSWs employed in Ontario since no one knows exactly who is working and where they are working. The problem has been acknowledged by the province for several years resulting in a registry being created. In 2012, a PSW registry was launched – boasting an annual budget of $2.5 million a year as of 2014/2015 and School, 30,000 PSWs listed, the initiative was hailed as an effective long-term solution. However, systemic challenges regarding inaccurate vetting procedures resulted in the registry being shut down only three years later. Consequently, PSWs in Ontario are still working in a field that lacks transparency. PSWs can feel as though they are undervalued due to working in the shadows . As a result, both the recruitment and retention of PSWs is at how to NABA, Accademia risk of purchase Warminster, being compromised. Patient safety is personal Sandy Friends paramount, and those that require the assistance of PSWs can be putting themselves at risk due to not being able to verify the purchase essay Warminster School, background of the support workers they hire. Make improvements to previous version of write School, registry Relaunch the registry once it is user-friendly, useful, and Warminster, accurate.
Efforts to Solve the Problem. Currently, the Liberal government has not revealed plans to relaunch the registry to the public. 4. INADEQUATE AND UNPREDICTABLE WORK HOURS. According to how to Hudson, a recent survey, over purchase essay Warminster, 37 percent of PSWs polled are dissatisfied with the hours they are scheduled to for money, work. Although shifts including evenings, weekends, and holidays are typical for most healthcare positions, support workers have cited fluctuating hours as being one of the most significant disadvantages of essay Warminster School, being employed in the field. Also, the write for money School, wage increase policy that was recently implemented resulted in PSWs being scheduled for shorter shifts – some as short as 15 minutes. Randy Hillier, MPP for Lanark-Frontenac-Lennox Addington, recently stated, “What can you possibly do in 15 minutes?
It’s a paperwork exercise. It’s not delivering home care.” As a result, PSWs have seen their salaries reduced by as much as $10,000 annually in addition to their work hours becoming increasingly erratic. In an article published by The Sun in August 2016, a PSW revealed that workers were effectively working without being paid: “I work for free all the purchase School, time. An Article St. John's-Ravenscourt! We do it because we love the clients. We need at Warminster School least to format of an writing, pay our bills. We have to support our families.” PSWs cannot earn a living wage and are unable to enjoy financial security and stability when working in their chosen career. Patients can be negatively impacted if fewer people are willing to purchase essay School, work as PSWs, thereby reducing the amount of of an, support they can receive about private home care. Workplace shifts/hours available for purchase Warminster School, PSWs could be stabilized through governmental intervention. While the issue cannot be resolved in the context of private home care, regulations geared toward ensuring that more full-time positions are offered could be a viable solution.
Efforts to Solve the Problem. The Ontario Personal Supporter Worker Association has received approximately 100 complaints over the past year, and The Ministry of Long-Term Care has been advised of the issue. This PSW problem has also been raised by at least one Member of my essay for money The Windsor, Parliament, and many stakeholders have called for action. However, there is no evidence that plans are being made to purchase Warminster, make workplace hours for PSWs more stable. 5. Format Of An Essay The Village School! POOR WORKPLACE CONDITIONS. Recent polls reveal that 44 percent of the PSWs surveyed in Ontario are not satisfied with workplace conditions in private homes, long-term care facilities, and purchase essay, hospitals. Over half of the support workers polled reported they had been the victim of some form of abuse with 24 percent of the cases being classified as physical violence. With many residents/patients suffering from cognitive impairments, PSWs are often subjected to verbal or physical abuse when performing their duties. Despite the prevalence of writing essay Sandy Spring School, workplace violence, survey respondents indicated that management personnel are often unwilling to School, address incidents that occur, only doing so for approximately one-third of the cases reported. Sexism has also contributed to poor workplace conditions for PSWs. Because the field has a high percentage of write a critical essay NABA, Accademia Arti Milano, women, feminists have argued that the work they perform is not fully recognized due to the fact that caretaking is supposedly inherent to the female gender.
Additionally, racism has become a concern as visible minority groups comprise a large percentage of the PSW workforce in the province. Many have revealed that they are often treated unfairly by management due to racial biases. Poor working conditions can impede one’s ability to perform tasks effectively and potentially result in essay School psychological challenges or physical injury when not addressed. As PSWs are responsible for ensuring the safety of those they care for, it is crucial that workplace conditions are conducive to them meeting that objective. Patients who require the lens essay Nuova Accademia, assistance of purchase essay School, support workers are often vulnerable and need PSWs to how to a critical NABA, di Belle Arti Milano, be in the best mental, emotional, and physical state possible to perform their duties. Improving workplace conditions for PSWs would require the Warminster, effort of both the government and personal School, private sector Developing an effective system for reporting workplace violence Providing sensitivity training for personnel in management positions.
Efforts to Solve the Problem. Currently, no plan to purchase, address the problem has been made available to the public. While working as a PSW offers satisfaction and fulfillment, you have to be prepared to School, face numerous challenges including workplace violence, unpredictable hours, and a relatively low pay rate. While efforts have been made recently to address some of the issues raised, such as the minimum annual salary for PSWs, other issues are likely to remain unchanged in the foreseeable future.
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Understanding the Difference between Forbearance and Deferment. Thursday, June 18, 2015. The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by Warminster School, any of these entities. Will Lipovsky is Sherborne International, a personal finance writer and webmaster. You can contact him at FirstQuarterFinance.com. There are many differences between forbearance and deferment.
I’m going to cut to the chase right now and say that deferment will always be the better option. It’s because interest doesn’t accrue during deferment as it does with forbearance. This article will cover all facets of the essay, question, “What’s the difference between forbearance and deferment of my student loans?” Your question is justified. For Money The Windsor! It’s a confusing topic. The basic definitions are: Forbearance – a refraining from the enforcement of something (as a debt, right, or obligation) that is School, due Deferment – the act of article delaying or postponing. Confusing, right? This post will cover which loans qualify, key differences between forbearance and deferment, when to take action, the application process, and how to essay restart regular repayment.
You’re probably reading this article because you’re in write for money, an unfortunate situation. You may feel helpless. But it’s important to Warminster give yourself credit. Of An Essay Writing School! Instead of hiding from your loans, you’re facing them by reading this article. Essay Warminster School! You’re attempting to better your situation. Things will get better. By the end of this article, you’ll know exactly what to write my essay for money The Windsor do with your loans. Forbearance and deferment are available for all federal loans (Stafford, Perkins – you name it). They rarely apply to private loans.
Since private loan forbearance and deferment is uncommon, contact the lender that originated your private loan(s). If you’re unsure who that may be, you may need to pull a credit report to find who originated your loans. Key Differences between Forbearance and Deferment. Check out this free chart provided by the U.S. Department of Education Federal Student Aid Office: Forbearance Will Be Granted if Any of the Following Pertain to You (Mandatory Forbearance): You are enrolled in a medical or dental internship or residency.
You are serving in a national service position such as AmeriCorps, are part of the Department of Defense repayment program, are in the National Guard, or are eligible for teacher loan forgiveness programs. Your monthly loan payment is 20% or more of your gross monthly income. You are teaching in a program that qualifies for loan forgiveness. You qualify for partial repayment under the U.S. Department of Defense Student Loan Repayment Program. You are called into active military duty. Forbearance May Be Granted If (Discretionary Forbearance): You are enrolled less than half time (each school has their own definition of School ‘half time’). Lens Essay NABA, Nuova Di Belle Arti Milano! Poor health.
Unemployment (beyond the maximum deferment time limit). Purchase Essay School! A reduction in write essay NABA, Nuova Accademia di Belle, work hours. A life-changing circumstance. You May Qualify for Deferment If You Are: Enrolled at least half time at an eligible postsecondary school. In a full-time course of study in a graduate fellowship program. Purchase Essay School! In an approved full-time rehabilitation program for write an article online individuals with disabilities.
Unemployed or unable to find full-time employment (for a maximum of three years). Experiencing an economic hardship (including Peace Corps service) as defined by federal regulations (for a maximum of purchase essay Warminster three years). Serving on active duty during a war or other military operation or national emergency and, if you were serving on or after Oct. 1, 2007, for how to get motivated to write an essay College an additional 180-day period following the purchase essay Warminster, demobilization date for your qualifying service. Performing qualifying National Guard duty during a war or other military operation or national emergency and, if you were serving on or after Oct. 1, 2007, for an additional 180-day period following the format School, demobilization date for your qualifying service. A member of the National Guard or other reserve component of the U.S. armed forces (current or retired) and you are called or ordered to active duty while you are enrolled (or within six months of having been enrolled) at least half time at purchase essay Warminster School, an eligible school. Right now!
Do not let your loans go into default. Default occurs when you are more than 270 days behind on your payments. If you are in writing essay Spring Friends, default, you are not eligible for either forbearance or deferment. If it’s too late, get out of default as soon as you can. School! You can get out of default in a few different ways: The Application Process for Deferment or Forbearance.
The rule to always follow when struggling to get motivated Hudson College pay any debt is to keep in Warminster, contact with the servicer. Be sure to keep the lines of communication open. You’ll need to work with your loan servicer(s) to apply for write St. John's-Ravenscourt School deferment or forbearance. Again, visit http://www.nslds.ed.gov/ to Warminster School see who services your federal loans. For deferments, payments are deferred in six-month intervals for up to three years. Forbearance can be granted for newspaper Sherborne up to 12-months.
Please, reassess your financial situation prior to the end of Warminster School each period. Note: Get ready to cheer! Putting loans into essay Friends deferment or forbearance does not hurt your credit score! It is noted on your credit reports but has no impact on your credit. However, if you are late or miss a payment, expect repercussions. Before your deferment or forbearance term expires, contact the servicer of the loan. School! You will need to write for money explain your current situation. Both you and the lender will create a repayment plan which will work for School your new situation.
Note that if your situation changes before your deferment or forbearance period expires, you can resume payments at write for money School, any time. Here’s your game plan: If you’re having trouble paying your student loans, contact your loan servicer(s). Keep paying towards the essay Warminster School, current agreement. Do not let your loans go into default. If they do go into for money The Windsor default, you must get current before applying for either deferment or forbearance. If your loans are current, begin the application process for purchase Warminster deferment. Within 10-14 days, you will be notified as to format of an essay The Village whether or not you have been approved. If denied, go the forbearance route. You should be all set.
The United States now holds $1.2 trillion in student loan debt. Lenders want their money. They are willing to work with you in order to make that happen – even if payments are delayed. Talk with them. They will listen. Whether you go with deferment or forbearance, what’s important is purchase essay Warminster, you’re improving your situation. Will Lipovsky is a writer at MagnifyMoney. You can email Will at firstname.lastname@example.org. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit.
Best Travel Credit Cards With No Annual Fee. This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an of an The Village School advertising-supported comparison service which receives compensation from some of the financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and where products appear on the site (including for example, the order in which they appear). Purchase Essay School! To provide more complete comparisons, the writing personal Spring School, site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. College Students and Recent Grads, News. 3 Reasons to File Your FAFSA Right Now. Tuesday, October 3, 2017. The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by any of these entities. Brittney Laryea is purchase essay School, a personal finance reporter for format essay writing The Village School MagnifyMoney.
She graduated from the University of Georgia's Grady College of Journalism and Mass Communication and lives in Brooklyn, N.Y. It’s October, and that means college-bound families can start applying for financial aid for essay Warminster the 2018-19 school year. the newspaper, Free Application for purchase Warminster Federal Student Aid, or FAFSA, opened Oct. 1. Technically, families have until next summer — June 30, 2018 — to online St. John's-Ravenscourt submit their FAFSA for purchase essay 2018-19. But experts recommend filing as soon as possible in order to maximize the amount of a critical lens NABA, Accademia di Belle Milano aid students can receive. That’s because state, federal and Warminster school funding for various types of financial aid is often limited, and can run out.
Don’t leave money on essay Friends School, the table. A recent study by essay Warminster, social sciences researcher, Michael S. Kofoed at how to to write College, the United States West Point Military Academy found that each year, students who do not file miss out on as much as $9,741.05 in federal grant and School student loan money, aggregating to some $24 billion annually. “To get the write article International, most aid, you’re going to Warminster School want to make sure you are doing it early,” says Jasmine Hicks, national field director with Young Invincibles, a nonprofit advocacy group for young adults. Hicks has trained college-bound families on what they need to successfully fill out and submit the write my essay for money The Windsor, FAFSA. Here are a few tips to help you file your FAFSA for the maximum amount of purchase Warminster aid available to you. 1) Your state and college FAFSA deadlines might be even earlier than the how to an essay Hudson College, federal cutoff. Adding to your list of dates to remember, states and purchase essay Warminster schools have their own FAFSA filing deadlines for grants and how to write a critical lens NABA, Nuova di Belle scholarships.
For example, for Delaware students to be eligible for essay state scholarships and grants for how to an essay Hudson College 2018-19, they must file their FAFSA by April 15, 2018. But the submission deadline for students who wish to be considered for Delaware State University scholarships and grants is even earlier, on March 15, 2018. You can check here to see your state’s filing deadline. Be sure to enter your state of legal residence and the school year for which you’re applying for aid to view the purchase essay, cutoff date for your state. Write Sherborne! Be sure to double-check the purchase Warminster, deadline, as it could be earlier than the federal filing deadline and some states have different deadlines for different programs. For example, Alaska’s Education Grant asks applicants to file the financial aid application as early as possible after the Oct 1 open date, since awards are made until the fund is depleted. But the “official” FAFSA submission deadline for my essay The Windsor School the scholarship is the same as the federal one. Hicks says families should check a school’s website to check and see if there is a different filing deadline date than June 30, 2018. Some schools may require students to file earlier than June 30 to be considered for institutional scholarships and grants. 2) The FAFSA is the key to unlocking more than just need-based aid. If you don’t file the FAFSA, you might also remove yourself from the pool of eligible recipients for state and Warminster institutional aid, as well — even if they aren’t income-based.
Many aid offerings require a FAFSA. Here’s a list of all the federal aid for which you need to complete a FAFSA to be eligible: Federal direct student loan Federal work-study program Federal PLUS loan (for parents) Federal PELL grant Federal Supplemental Educational Opportunity Grant (FSEOG) Teacher Education Assistance for College and Higher Education (TEACH) Grant Iraq and Afghanistan Service Grant. And that’s just federal aid. As we mentioned before, states and schools may use information from your FAFSA to determine if they will award you merit-based grants and scholarships. And they may have their own submission deadlines. 3) Financial aid money may run out. Students may think they have tons of to write an essay Hudson College time to submit their application, but, if you wait to file, you may miss out on “free money” due to limited resources.
Let’s put it another way: If the purchase Warminster School, funds run out before you submit your FAFSA form, you could receive less money compared with what you would have gotten had you filed earlier — or you might get nothing at all. If you know you will need scholarship or grant money to fund your education, you should make filing the FAFSA early your first priority. Write St. John's-Ravenscourt School! “There’s really no reason to purchase essay Warminster School wait,” says Hicks. Fortunately, it’s become easier for families to tackle the newspaper, FAFSA. The Department of Education moved the application’s from purchase Warminster School, January to October, beginning with the 2017 graduating high school class. Prior to the rule change, families could not submit their FAFSA until January for students attending college in the fall.
The rule change allows families to personal essay Sandy Friends School submit the FAFSA form earlier, and use older tax information to fill out the form so they are able to purchase essay Warminster School meet early deadlines for financial aid. Students can now use family tax information dating back as far as two years, so applicants no longer have to wait to file until their parents or guardians file their taxes for the current tax year. On top of that, FAFSA forms now include a new IRS data retrieval tool, which will automatically pull in your parent’s tax information from get motivated to write an essay, two years ago, so you don’t have to shuffle through a stack of papers looking for letters and numbers corresponding to the information you need to input. Where to get help to purchase Warminster finish up your FAFSA. The tax information may be easy to pull in electronically, but the FAFSA has more than 100 questions and isn’t the easiest form to decipher overall. “Students often think of the FAFSA as a huge and daunting task,” says Hicks. “They don’t feel like they are able to do it or equipped to do it.” Get help if you aren’t confident in filling out all the information on your own, so you don’t put off filing the to write an essay College, FAFSA any longer. There may also be follow-up requests, like income verification, that, if overlooked or left incomplete, could delay your receiving all or part of your financial aid award. Up to essay 40 percent of writing School college-bound students who apply and are accepted to purchase college fall prey to a phenomenon called ‘summer melt.’ They never make to campus their freshman year because of mistakes that trip them up in the process. Many of the mistakes have to do with the an article online, financial aid process and can be avoided if you get help early on. Your high school guidance or college counselor may be able to assist you with your application.
If you feel you need more assistance than your counselor can provide, look to purchase Warminster School organizations or access programs that focus on helping students complete the forms required to lens NABA, Nuova di Belle Arti give financial aid, like the College Goal Sunday Program hosted by the National College Action Network, or Reach4Success. Brittney Laryea is a writer at MagnifyMoney. Purchase! You can email Brittney at email@example.com. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit. Best Travel Credit Cards With No Annual Fee.
This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an advertising-supported comparison service which receives compensation from some of the financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and where products appear on the site (including for example, the order in which they appear). To provide more complete comparisons, the site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. Building Credit, College Students and Recent Grads, Credit Cards, Earning Cashback. I Got My First Credit Card One Year Ago – Here’s How I Already Have a Good FICO Score. Monday, October 2, 2017. The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by any of these entities.
Shen Lu is a reporter with MagnifyMoney. When I moved to format essay writing School the U.S. from my hometown, Hangzhou, an eastern Chinese city, in 2012 to pursue my undergraduate degree, the thought of establishing a credit history wasn’t even on my radar. I was, after all, an international student from China, where day-to-day credit card use has only recently caught on. It wasn’t until I returned to the U.S. a few years later to purchase essay pursue my master’s in writing personal Sandy, Chicago that I realized I’d need to establish credit if I planned to launch my career in the States. It’s been only a year since I opened my first card last September, and I already have a solid FICO score – 720, the School, last time I checked. That’s not a perfect score by any means, but it lands me safely in write newspaper, the “good” credit range, meaning I probably won’t have trouble getting approved for new credit in the future. Essay! I still have work to do if I want to get into the “very good” credit category, which starts at 740, according to MyFICO, but for a credit card newbie I’m not disappointed in my progress so far. Here’s how I did it: I selected the right card for my needs.
I wish I could say I diligently researched credit cards to how to get motivated to write College choose the best offer and purchase essay best terms, but honestly, I just got lucky: Shortly before graduate school started, I visited friends in Iowa. When we were about to split the bill after dinner at write my essay for money School, a Japanese restaurant, I noticed that all my friends had a Discover card with a shimmering pink or blue cover. The Discover it for essay Students card was known for its high approval rate for student applicants, and had been popular among international students. I thought, “Oh, maybe I should get this one, too.” One of the friends sent me a referral link that very night. I applied and got approved quickly. Write Newspaper Article International! We both received a $50 cash-back bonus after I made my first purchase — an iPhone — using the card through Discover’s special rewards program. Purchase Essay Warminster School! I even received 5 percent cash back from the purchase. Besides imposing no annual fee, the card has other perks, like rewarding me with a $20 cash-back bonus when I reported a good GPA, letting me earn 5 percent cash back on purchases in rotating categories, and essay Spring School matching the cash-back bonus I earned over School, the first 12 months with my account.
For me, it was a great starter card, but there are plenty of other options out there. I also could have explored other options of establishing credit, like opening a secured card, for example, which would have been a smart option if I hadn’t been able to essay School qualify for the Discover it student card. Despite my very limited financial literacy at the time, I attribute my current stellar credit score to the old, deeply ingrained Chinese mentality about saving and purchase not owing. I never missed payments, and I always paid off my balance in full each month, instead of just making the $35 minimum payment. I didn’t want to pay a penny of interest. Credit cards carry high interest rates across the board, but student credit cards generally have some of the my essay for money, highest APRs. This is because lenders see students like me — consumers without much credit history — to be risky borrowers, and purchase essay School they charge a higher interest rate to offset that risk. It wasn’t until much later when I learned that payment history is essay Friends School, critical to credit establishment. In fact, it is the biggest factor there is. It accounts for Warminster School as much as 35 percent of my FICO score. Naturally, I felt like I dodged a bullet!
I was careful not to use too much of my available credit. My friends with more experience advised me to use as little of my available credit as possible. They warned me that overuse had hurt their credit scores in the past. This didn’t much sense to me, but I followed their advice, for the most part diligently.. I later learned this is almost as important as paying bills on how to to write an essay Hudson College, time each month. Your utilization rate is another 30 percent of the essay Warminster School, FICO score. Credit experts urge cardholders to keep their credit utilization ratio below 30 percent. That means if you have three credit cards with a total available limit of $10,000, you should try never to carry a total balance exceeding about $3,000. I beefed up my score with on-time rent payment s. Keeping in how to to write, mind the purchase School, importance of how to write lens di Belle Milano not maxing out my credit card, I never considered paying my rent with the card.
In fact, some landlords charge credit card fees for Warminster School tenants who try to pay with plastic. But I did find a way to establish credit by personal Spring School, paying rent using my checking account. I paid rent to my Chicago landlord through RentPayment, an online service. RentPayment gave me the option of having my payments reported to Warminster School TransUnion, one of the three major credit-reporting agencies. Because I knew I’d always pay bills on time, I signed up for the program. This likely helped me improve my credit mix, another key factor influencing one’s credit score. Sherborne International! The more types of accounts you show on purchase School, your report, the better your score can be — providing you make all your payments on time. Yes, I made mistakes. Writing Personal! This was my biggest one. My first foray into the world of credit wasn’t completely blip-free. The only purchase Warminster thing that hurt my credit, besides my short credit history, was that I had tried signing up for a Chase credit card and other ways to finance my iPhone just a few days before I applied for how to get motivated to write College my Discover card.
None of the other banks approved my applications, and School my score went down from the very beginning due to the number of “hard inquiries” against newspaper Sherborne, my report. Hard inquiries occur when lenders check your credit report before they make lending decisions, and Warminster having too many inquiries in a short period of time can result in writing personal Spring, several dings to your credit score. I’ve learned my lesson, though. And I haven’t applied for a new credit card since. Purchase! Today, as I said, my FICO score is a healthy 720, and I am on the lookout for a second credit card now that I’ve graduated and personal essay Spring gotten a job. Shen Lu is a writer at MagnifyMoney.
You can email Shen at essay, firstname.lastname@example.org. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit. Best Travel Credit Cards With No Annual Fee. This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an advertising-supported comparison service which receives compensation from format essay writing The Village, some of the Warminster, financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and where products appear on the site (including for example, the write for money, order in Warminster, which they appear). Newspaper Sherborne! To provide more complete comparisons, the purchase essay Warminster, site features products from our partners as well as institutions which are not advertising partners. Of An Essay The Village School! While we make an effort to purchase School include the newspaper Sherborne, best deals available to the general public, we make no warranty that such information represents all available products.
Best of, College Students and purchase Warminster Recent Grads, Credit Cards. Best Student Credit Cards October 2017. Sunday, October 1, 2017. The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by get motivated an essay Hudson, any of these entities. Getting a credit card while you’re in college might seem dangerous or confusing. But if you are able to use a student credit card responsibly, you do not need to purchase be afraid, and you can set yourself up for financial success after you leave school. Fortunately, learning how to Sherborne choose and use the right student credit card is relatively simple. Make sure you avoid annual fees and go with a bank or credit union you can trust.
When you get the card, make sure you use it responsibly and pay the balance in full and on time every month. If you do these things consistently over time, you can leave school with an purchase essay excellent credit score. And if you want to rent an apartment or buy a car, having a good credit score is very important. on Discover’s secure website. Good Grades Reward program: Did you study extra hard this year? If you’ve gotten a 3.0 GPA or higher for an entire school year, Discover will reward you with an extra $20 cash back. Essay The Village School! You can get this reward for purchase essay up to five years in a row as long as you’re still a current student when you apply.
Free FICO score: Just like how you have grades for your classes, your FICO score is your “grade” for writing School your credit. Credit cards have a huge effect on School, your FICO score. You can watch how your new credit card affects your score over write my essay for money The Windsor, time with a free FICO score update on purchase School, your monthly statement. 5% cash back categories: You can earn up to 5% cash back on specific categories that change each quarter, on my essay for money School, up to $1,500 in purchases every quarter that you activate. Past categories have included things like Amazon purchases, restaurants, and ground transportation. Even if you don’t buy something in the bonus category, you’ll still earn 1% cash back on purchase Warminster School, all other purchases. Cash back match at end of your first year: In addition to rotating 5% cash back categories, new cardmembers will also get an intro bonus.
When your first card anniversary comes around, Discover will automatically match your cash back rewards you earned during your first year. Remember to sign up for bonus categories: Even though this card comes with a great cash back rewards program, it comes with a catch: you’ll need to online St. John's-Ravenscourt manually activate the bonus categories each quarter. You can do this by calling Discover or logging in to purchase essay Warminster your account online. If you forget, you’ll still earn 1% cash back if you make any purchases in the qualifying categories. Gift certificates only available at certain levels: You can redeem your rewards for many things such as Amazon purchases, a statement credit, or a donation to a charity, to name a few. But, if you’d like to get a gift card instead, you’ll need a cash back balance of at least $20 saved up in your account.
The Discover it for Students card offers great perks for write my essay for money School college students, such as a rewards program for essay School good grades and a free FICO score so you can learn about your credit firsthand. Its cash back rewards program is our favorite. No other card for students (that we could find) offers the opportunity to earn up to 5% cash back. And with no annual fee, this is our top pick. on Discover’s secure website. Good Grades Reward program: We salute Discover for to write rewarding good behavior.
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Cash back match at end of your first year: Discover will actually match the purchase essay Warminster, amount of writing The Village cash back you earn at Warminster, the end of International your first year as a new cardmember. That will be a great bonus at the end of the year. Gift cards only available at essay Warminster School, certain levels: You can redeem your rewards in the form of article Sherborne a gift card; however, you’ll need a cash balance of at least $20 in your account to do so. If you don’t have that much, don’t worry. Warminster! You can redeem any amount in an article online, the form of a statement credit, a bank transfer, as Amazon credit, etc. Purchase School! Limited overseas acceptance: Discover is a great card for your spending in the U.S. Write The Windsor! If you travel overseas, acceptance is purchase Warminster, a lot more difficult. In Europe, you would be relying on the Diner’s Club network, which has limited coverage. If you're a commuter and frequently dine out, the Discover it Chrome for students card is a good option with 2% cash back on write Sherborne, gas and restaurant purchases. A $20 bonus for getting good grades and cash back match at purchase essay School, the end of your first year make this card good for School earning rewards and building credit at purchase Warminster School, the same time. on Capital One’s secure website.
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If you make five on-time payments in how to write a critical lens NABA, Accademia Milano, a row, you can call Capital One and ask them to increase your credit line. No foreign transaction fee: This is a great card to take overseas, because you won’t have to pay any foreign transaction fees. Most cards charge an essay School average 3% foreign transaction fee, but Journey allows you to use your card abroad without being charged extra fees. High 24.99% variable APR: This card carries an interest rate that’s almost twice as high as some other student credit cards, such as the Wells Fargo Cash Back College Card with a rate as low as 11.90% APR. My Essay The Windsor School! It’s just one more incentive to pay off your bill in full each month. We really like this card because it actively rewards you for essay Warminster School developing good credit-management behavior by offering a small cash back bonus for on-time payments. In addition, the cash back program is straightforward with no confusing categories to remember or opt into, making this card a good option for students who want a simple, flat-rate card. Wells Fargo Cash Back College? Card. Interest rates as low as 11.90% APR: Depending on your credit, your interest rate could be between 11.90% and 21.90% APR, but their is no gurantee you'll receive the online St. John's-Ravenscourt, lower rate.
This is a lower APR range than most student cards, and can help if you aren't able to pay your balance in full one month. 3% cash back rewards for the first six months: Normally you’ll earn 1% cash back on essay Warminster School, all purchases. For the personal Friends, first six months, though, you’ll earn 3% cash back on any purchases you make for gas, groceries, or drugstores. Access to credit education: Wells Fargo provides you with all sorts of tools and purchase essay School information to learn about write an article St. John's-Ravenscourt things like credit, budgeting, and expense tracking. While this is purchase Warminster, a nice feature, it’s not exclusive to Wells Fargo. You can get this information from free tools such as Mint, or even reading books and write St. John's-Ravenscourt School blogs. But it is pretty handy having it right at your fingertips when logged in to your account.
Need to be a Wells Fargo member to purchase Warminster apply online: You can go into any one of the 6,000+ branches and apply for the card. You can also apply online, but you’ll need to writing personal Spring School be an existing Wells Fargo customer. However, anyone can open a checking account online with a minimum deposit of $25. Purchase Warminster! High bars for some cash back redemption options: There are a lot of redemption options available through Wells Fargo’s own online cash back rewards mall. Format Of An! However, if you’d just like straight cash, you have a few options.
You can request a direct deposit into your Wells Fargo checking account, savings account, or Wells Fargo credit card (if applicable) in $25 increments, or request a paper check in $20 increments. Warminster School! That can take a long time to accumulate if you’re not spending much with your card. The Wells Fargo Cash Back College Card is format writing, a relatively simple card with a great intro bonus of 3% cash back for Warminster the first six months. In addition, the low APR is handy for those who think they’ll be carrying a balance on their credit card from writing personal essay Spring, month to month at some point in the future. This is generally something we recommend against, but if you can’t avoid it, the Wells Fargo Cash Back College Card is your best bet. on Altra’s secure website. Altra Federal Credit Union Student Visa.
$20 reward for essay Warminster good credit card usage: If you can maintain your account in how to a critical Accademia Arti Milano, an “exceptional way” for purchase your first year, you’ll get a bonus $20 reward on your card’s anniversary. All you have to do is newspaper article Sherborne, not have any late payments, don’t charge over your card’s limit, and use your card for at least six out of twelve months. Essay Warminster School! Up to $500 random winner each quarter: It’s like playing the lottery, except you don’t have to buy a lottery ticket. Each quarter Altra will choose one student cardholder at random and pay back all of Sandy their purchases from the previous month, anywhere between $50 to $500. Purchase Essay! Earn rewards: For the online, first 60 days after you open your account, you’ll earn 2 points per dollar spent. After that you’ll earn 1 point per dollar spent. You can redeem these points for purchase essay Warminster School cash back, merchandise through their online rewards mall, or travel. Redeem points for a lower interest rate: If you’ll need a car in write online School, the future, this might be a good credit card to get. You can trade in 5,000 points for a 0.25% reduction, or 10,000 points for a 0.50% reduction on an auto loan through Altra Federal Credit Union.
That could end up saving you a ton of cash in the long run. 1% foreign transaction fee: This is definitely one card to leave at purchase Warminster, home if you’ll be traveling or studying abroad. My Essay For Money School! Most credit cards charge a 3% foreign transaction fee, so this is on the low side. School! Still, it’s not too hard to find a student credit card with no foreign transaction fee, such as the essay Sandy Spring Friends, Discover it for Students or the Capital One Journey Student Rewards card. Must join Altra Federal Credit Union: Luckily, anyone can join, but it might take a bit of legwork on purchase essay Warminster, your part compared to a bank. If you don’t meet certain membership eligibility criteria, you can join the Altra Foundation for $5. Then you’ll need to open a savings account with a minimum $5 deposit that must remain in the account while you have your card open. If you're a student who doesn't mind working with a credit union, Altra provides a card that has several rewards benefits. This card is a good option if you may be taking out an auto loan in the next few years, since you'll benefit from a reduced interest rate by Nuova Accademia di Belle Milano, trading in purchase essay, your rewards points. Writing Essay Sandy Spring School! In addition to earning rewards, using this card responsibly can help you build credit. Golden 1 Credit Union Platinum Rewards for Students:
This credit card offers a snazzy rewards program: rather than accumulate points, you’ll get a cash rebate instead. All you have to do is purchase School, make a purchase. At the end of the personal, month, you’ll get a rebate of 3% of gas, grocery, and restaurant purchases, and essay 1% of all other purchases deposited back into to write Hudson your Golden 1 savings account at the end of the month. You can join Golden 1 by joining the purchase essay Warminster School, Financial Fitness Association for $8 per year and get motivated an essay Hudson College keeping at essay Warminster, least $5 in a savings account. What should I look for write newspaper article Sherborne International in a student credit card? The most important thing to consider when looking for a student credit card is purchase essay Warminster, that it charges no annual fee.
You should never have to pay to an essay College build your credit score. Fortunately, most student cards don’t charge you an annual fee, but it’s still something to purchase Warminster School watch out for. The second most important thing you should keep an article Sherborne International eye out for are tools that help you learn about credit or even promote good credit-building habits. For example, some student credit cards will give you a free monthly FICO score update. You can use this freebie to purchase essay Warminster see in real time how your credit score changes as you build credit history by keeping the format, card open, or paying down your credit card balance, for example. The last thing you should be considering when picking out a student credit card is the rewards program. I know, I know, it seems counterintuitive. But stick with me — I’ll show you why in the next question.
Why shouldn’t I be concerned about maximizing my rewards while in college? Rewards cards are nice to have. Warminster School! But if you’re a college student, here’s the write an article online St. John's-Ravenscourt, truth: you probably won’t spend enough to purchase Warminster School earn meaningful rewards. Why? With a good rewards program, you can earn points or cash back. Writing Personal Sandy School! A small percentage of your monthly spending can add up quickly. However, given the tight budget that most college students live on, it will probably take a while to earn meaningful rewards. For example, if you earn 1.25% cash back and spend $300 a month on essay, your card, you would earn $45 of format of an School cash back during the year. College students are very good at making good use of $45. And our favorite card offers a great cash back rewards program. Essay Warminster! Just don’t expect to earn a lot of cash back, given the tight budget of a college student.
Why should I get a credit card as a college student? There are a lot of great reasons why you should get a credit card, as long as you can commit to write an article St. John's-Ravenscourt using it responsibly. The single biggest reason why you should get a credit card as a college student is because you can start establishing a credit history now . When you graduate from college, you will need a good credit score to get an apartment. And your future employer will likely check your credit report. School! Building a good credit history while still in college will help prepare you for life after graduation. Getting a credit card while in college can also train you to develop good credit habits now.
But you need to be honest with yourself. If you find that you can’t avoid the temptation of maxing out your credit card, you might want to switch to a debit card or cash. Finally, getting a credit card now can be the motivation you need to an article St. John's-Ravenscourt start learning about credit. Purchase Warminster! These skills aren’t hard to learn, and personal essay Spring they could save you thousands or even hundreds of thousands of dollars later in life (when you want a mortgage, for example). What is the CARD Act and why should I care about it? Many years ago, credit card companies would market on purchase School, college campuses. You could get a free beer mug or t-shirt in exchange for a credit card application. Spring! And you would be able to qualify for a credit card without having any income.
The Credit Card Accountability Responsibility and Disclosure (CARD) Act was signed into law in May 2009 to change a number of practices. How did the CARD Act change student credit cards? The CARD Act made a lot of purchase changes in how credit card issuers do business with students. One of the biggest changes was requiring students to be able to demonstrate an ability to pay. If you are under 21 and do not have sufficient income (a campus job, for example), you would need to get a co-signer. In addition, colleges must now limit the amount of credit card marketing on article International, campus.
The days of free t-shirts and pizzas in School, exchange for write lens NABA, Nuova Accademia Arti credit card applications are gone. Purchase Warminster! But that doesn’t mean it is impossible for a college student to how to NABA, Nuova Milano get a credit card. Some highly reputable banks and essay Warminster School credit unions still offer student cards. And building a good credit score while still in college is still highly recommended. How can I protect myself from racking up debt? When used properly, credit cards are a very convenient method of repayment. However, when not used properly, you can end up deep in my essay for money School, credit card debt. It is important to essay establish a healthy relationship to credit now, with your first credit card. You should try to ensure that you pay off your credit card bill in full and on of an essay writing School, time every month. Ideally, you should set up an essay automatic monthly payment.
And to keep yourself on track, take advantage of The Windsor School alerts offered by most credit card companies. Purchase Warminster! You can even get daily text messages reminding you of your balance. How can I automate my credit card usage? If all of this sounds confusing, don’t worry. There’s actually a way you can automate your payments so you never even have to bother with the hassle of using a credit card. Write Newspaper Article International! All it takes is a few minutes of Warminster School upfront work. First, you’ll need at least one recurring monthly bill of the same amount, such as Netflix or Spotify. Format Of An Writing The Village! Log in to your account and Warminster School set up an automatic payment each month using your credit card. Make a note of how much your monthly bill costs.
Next, log in to your bank account. Set up a second automatic payment to go to your credit card each month for the same amount as the bill. If your bank doesn’t offer the option to writing essay Sandy Friends School set up automatic payments, you may also be able to set up your credit card to essay Warminster School automatically withdraw the amount of the bill from your bank. Because you know this bill will be for how to get motivated Hudson the same amount each month (barring any price increases), you can literally just leave this running in the background each month on autopilot. You don’t even have to carry your credit card in Warminster School, your wallet if you don’t want to. Then, when you graduate, you’ll automatically have an improved credit score! What happens to my student credit card when I graduate?
Congratulations! You’ve made it to the finish line. But what about Sherborne International your student credit card? You will have a few options once you graduate. First, you can simply keep it. You will want to keep the essay Warminster School, credit card open, because it helps you build a long credit history. Write A Critical Lens Essay Nuova Accademia Di Belle Arti Milano! However, you might want to call your credit card company and ask if you can migrate to a standard (non-student) credit card. But if you have been using your credit card properly, you will have an essay Warminster excellent credit score when you graduate – and you will be able to get any credit card that you want.
Here is a summary of our favorite cards: Lindsay VanSomeren is a writer at MagnifyMoney. Write Article International! You can email Lindsay here. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit. Best Travel Credit Cards With No Annual Fee.
This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an purchase Warminster advertising-supported comparison service which receives compensation from some of the financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and where products appear on how to write NABA, Accademia di Belle Milano, the site (including for example, the order in which they appear). To provide more complete comparisons, the purchase Warminster School, site features products from our partners as well as institutions which are not advertising partners. Write A Critical Milano! While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products.
College Students and Recent Grads. 7 Ways for College Students to Build Credit. Wednesday, September 27, 2017. The editorial content on this page is not provided by any financial institution and essay Warminster has not been reviewed, approved or otherwise endorsed by any of write these entities. Brittney Laryea is a personal finance reporter for MagnifyMoney. She graduated from the University of Georgia's Grady College of Journalism and purchase Warminster Mass Communication and lives in Brooklyn, N.Y. College is a great (read: strategic) time to work on building a credit score from Sherborne, scratch.
If you work on building credit while in school, you could graduate with a healthy credit score in the high 600s to purchase Warminster mid-700s. Coupled with a solid starting salary, graduating with a good or excellent credit score puts you in a great position to rent your first house or apartment and, eventually, make larger purchases like a new car or a first home. On top of format of an essay The Village School that, you’ll qualify for the best terms when it comes to essay borrowing personal loans or opening credit cards. How to build a positive credit history. Here are a few inexpensive things you can do to bulk up your credit report and build your credit score before graduating from college. #1: Learn how to use a credit card — the right way. You can start working on an article St. John's-Ravenscourt, your credit score by opening a student credit card with a bank or credit union.
Having a credit card can be risky — there are plenty of essay School stories of students overspending or seeing their credit limit as “free money” — but opening a student card also gives you an opportunity to learn good credit-building habits. Here’s a simple strategy for building credit with a student credit card: Charge only of an The Village School a recurring bill like a phone bill or monthly streaming subscription to the card. Purchase Essay School! Set up automatic payments to pay off the credit card bill on write article, time and in full each month. Rinse and Warminster School repeat for a critical lens essay Nuova Milano four years. When selecting a credit card, you’d ideally choose a credit card that doesn’t charge an annual fee.
You shouldn’t use the card for anything other than the recurring bill — and, if absolutely necessary, the occasional emergency. The recurring bill should ideally be less than 30 percent of purchase essay a your total available credit. (Using as little as possible of your available credit helps you get a good credit score.) Eventually, your credit score should reflect a history of consistent, on-time payments and will likely be in the good or excellent range. These are some of the how to a critical lens essay NABA, Nuova Accademia di Belle, best student credit card offers available now. While credit cards generally carry high interest rates across the board, student credit cards tend to have some of the highest APRs. The rate is purchase Warminster School, high because students don’t usually have much credit history, so lenders see them as risky borrowers and charge a higher interest rate to how to write lens essay NABA, compensate for the risk. Using the purchase essay School, strategy described above — making a small purchase and paying it off each month — you can establish a healthy credit history without paying a cent of interest.
Assuming you pay the bill on time and you’re using the card to buy something you’d purchase anyway, there’s no cost to newspaper article Sherborne this approach of building credit. Limits on student credit cards are generally pretty low, as banks want to minimize risk of Warminster lending to an inexperienced borrower. A low limit makes it pretty easy to online St. John's-Ravenscourt School use more than the suggested 30 percent of one’s total credit limit. For example, 30 percent of purchase Warminster a $500 limit is $150 — basically the cost of how to lens essay NABA, Nuova Accademia a textbook. Pro: Access to an unsecured line of credit. Having a credit card gives you a line of Warminster School credit to borrow from when you need to. This can be helpful if you can’t immediately cover all of your personal costs like books, food or an emergency.
The student credit card is write NABA, di Belle Arti, also unsecured, meaning the student won’t have to make an initial deposit to open the line of purchase essay Warminster credit. Con: Easy to how to write essay Accademia Arti make credit mistakes early on. A credit card comes with a lot of responsibility. Having a credit card can make it really tempting to spend more than you can afford (which results in expensive debt) or use a lot of your credit limit (which can hurt your credit score). Be prepared to exercise a lot of self-control if you get a student credit card, because it can take years to undo the damage caused by irresponsible credit card use. If your parent has good credit history, ask them about becoming an authorized user on their credit card. When you become an authorized user, your parent’s behavior with the credit card will be reported like it was your own. Pro: A passive way to build credit history. If you use this tactic, you can build credit history while never having to actually apply for credit yourself.
Not all credit card issuers report authorized user accounts to the credit bureaus, according to purchase Warminster School Experian. On top of that, not all credit scores look at authorized users the write for money, same. There are dozens of credit scores, each with their own algorithms, and School some may not give an authorized user much weight in determining a score, according to Experian. While authorized users are not liable for write my essay for money School debts on the account, missed payments or high credit card balances on the account could hurt you. If that happens, you can either file a dispute to have the negative information removed or contact the card issuer and ask to purchase Warminster School be removed as an authorized user on the card. You can thank the 2009 Credit CARD Act for making it more difficult to get a credit card before you’re 21. The CARD Act stopped companies from marketing credit cards to write for money The Windsor School students on essay School, college campuses and made it so people who are younger than 21 must either have a co-signer, such as a parent or a guardian, or have an independent source of income to qualify for a credit card. Pro: Allows a student who can’t qualify on their own to open a credit card.
Lenders generally consider it risky to hand a line of credit to for money The Windsor School a college student with little or no credit history. By requiring a co-signer, lenders transfer part of purchase essay this risk to someone else, giving you an opportunity to write newspaper article Sherborne build your credit you may not have had on your own. If you go with a co-signer, you need to be very careful to only charge what you can afford to pay off in full each month. Both you and purchase your co-signer’s credit scores will take a hit from any negative behavior like missed payments or high credit card balances. Asking someone to co-sign a credit application is no small request and School can affect your relationship with that person.
Be sure to purchase essay set ground rules for the arrangement before agreeing to it. If you’re unable to get approved for an unsecured credit card, you can try opening a secured credit card instead. A secured card can help prove your responsibility to Spring Friends School lenders without a lender taking on much risk. You’ll have to put down an initial deposit in exchange for access to a line of credit on the card. Essay School! Typically, the line of credit will equal the amount of the how to get motivated to write an essay Hudson College, deposit. Purchase Warminster! You can check out our roundup of the format of an writing The Village School, top secured credit cards for people looking to improve their credit scores. Because the required deposit lowers a lender’s risk, you have a better shot at getting approved for a secured credit card over an unsecured student credit card. You will likely have to come up with $100 or more to essay put down as a deposit before a credit card issuer will approve you for how to get motivated to write an essay the account. If you miss a payment, the purchase Warminster, lender can take your deposit. And because the writing Spring Friends, deposit will likely serve as your credit limit, you won’t have much room for spending if you want to reap the credit-score benefits of using little of purchase essay School your available credit.
You can get credit-builder loan through banks and credit unions. School! When approved for a credit-builder loan, your loan is deposited into a savings account, but you can’t access the money until you’ve paid back the loan. A credit-builder loan is good for students who want to build credit but don’t want to risk overspending on a credit card or using a credit card irresponsibly. Warminster! Credit-builder loans are secured loans, so they often have lower interest rates than credit cards, too. Write My Essay For Money The Windsor! The loan also gives you the advantage of making equal, periodic payments so you aren’t caught off guard when a bill arrives. You can find a credit-builder loan account through a variety of lenders.
For example, online-only lender Self Lender specializes in credit-builder loans, but they’re common products at credit unions as well. Research a variety of options and compare borrower requirements, as they vary from purchase, lender to lender. You won’t have to come up with any money upfront to open this secured line of Spring Friends credit. You will, however, need to make periodic, on-time payments to effectively build your credit history. Con: No access to essay Warminster the line of writing personal School credit.
You won’t have access to essay the funds from a credit-builder loan right away. This could become an issue if you suddenly need money. Write An Article! If you want to Warminster access the money, you must first finish paying off the loan to the lender. Some credit-builder loans come with fees, making this a potentially costly option for format The Village building credit. #6: Stay on School, top of student loan payments. If you have student loans, repaying them will be a crucial part of your credit history.
After graduation, you can easily hurt your credit score by missing a student loan payment. Personal Spring! Many student loans have a grace period of six months after graduation, meaning you won’t have to essay Warminster make payments during that time. If you’re not paying attention to when that grace period ends, you could easily miss your first payment and hurt your credit score. A missed payment can cause your credit score to drop significantly and how to College stay on essay Warminster, your credit report for writing Spring Friends School years, which can be seriously harmful to someone just starting to build a credit history. Keep an eye on your email inbox and physical mail for purchase School information from how to write a critical NABA, Accademia di Belle Arti Milano, your loan servicer (the company to which you make loan payments) regarding your first student loan bill and be sure to make your payment. Continuing to essay make on-time payments on student loans will help you build a good credit history. If you can’t afford the student loan payments and have federal loans, you can learn all about how to enroll in an income-driven repayment plan here. Enrolling in an income-driven plan can reduce or eliminate your required student loan payment, making it easier to for money The Windsor stay on top of payments and purchase School avoid credit damage. #7: Build credit with a rent payment.
If you rent an off-campus apartment, you can build your credit history by write The Windsor, simply paying rent on time, if it’s reported to the major credit bureaus. Students should ask their landlord or property manager if their rent payments are reported to Equifax, Experian or TransUnion. If the rent-taker doesn’t report the payments, you can ask them to sign up for a rent payment service like PayLease or RentTrack that will let you pay rent online and give the landlord the option to essay Warminster School report the payments to the bureaus. The rent payment information will be included on a standard credit report and write newspaper can help students build good credit history without ever opening a line of credit. Pro: Build credit with money already intended to spend. You’re already spending money paying rent each month, so why not make that payment serve both your housing and credit-building needs? Con: Some landlords may not agree to report payments. Many landlords check credit scores when a tenant applies, but not many report regular, on-time payments to the big three credit bureaus. Getting your landlord to switch to (and pay for) a payment service they aren’t familiar with might be a long shot, but it’s worth asking. Con: Not all credit scores factor in rent payments. This isn’t a sure-fire way to build credit, as not all credit scoring models include rent-payment history.
The same goes for purchase essay utility payments: They could help you build credit, but they may not. My Essay School! If you’re looking for a certain way to work on your credit, the other strategies in this article make more sense. Brittney Laryea is a writer at MagnifyMoney. You can email Brittney at email@example.com. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit. Best Travel Credit Cards With No Annual Fee.
This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an essay School advertising-supported comparison service which receives compensation from some of the financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and where products appear on the site (including for format of an example, the order in which they appear). To provide more complete comparisons, the essay Warminster, site features products from our partners as well as institutions which are not advertising partners. While we make an personal Sandy Spring Friends effort to include the best deals available to the general public, we make no warranty that such information represents all available products.
College Students and Recent Grads, News. More Than 40% of essay Warminster School U.S. Adults Struggle to a critical lens essay NABA, Accademia di Belle Arti Milano Make Ends Meet. Tuesday, September 26, 2017. The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by purchase essay Warminster School, any of these entities. Shen Lu is a reporter with MagnifyMoney. You may be struggling to for money The Windsor pay bills every month, but so are plenty of essay Warminster School other people.
The Consumer Financial Protection Bureau on Tuesday reported that 43 percent of writing personal essay Sandy Spring School American adults struggle to Warminster make ends meet, based on the results of a national survey conducted in newspaper International, 2016 on the financial well-being of U.S. consumers. About 34 percent of all consumers surveyed reported experiencing material hardships — these include running out of food, not being able to afford a place to essay live or lacking the money to seek medical treatment — in my essay School, the past year, the bureau said. In the survey, the bureau asked more than 6,000 participants from all walks of life to purchase answer 10 questions about current and future financial security and freedom of write my essay for money choice, and to give a score from purchase School, 0 to 100 on The Windsor, each question. The average consumer score was 54 in the survey. Not surprisingly, consumers surveyed said that their financial conditions were closely tied to their level of purchase essay Warminster education, income and employment status, according to the bureau. Young adults are especially susceptible to financial hardships, the my essay for money The Windsor, agency found. Millennials — those age 34 and below — reported an purchase Warminster School average score of 51 for their financial well-being, 10 points lower than seniors ages 65 and up and three points lower than the national average. The report, what the bureau calls “the first of its kind,” not only personal provides a view of the the overall state of financial conditions in purchase essay, the U.S., it also sheds light on personal Sandy Spring Friends School, how individuals from different demographics are faring financially.
Adults with scores of 50 or below have a high likelihood — more than 50 percent — of struggling to purchase essay Warminster School pay bills and of experiencing difficult financial situations, according to the report. In contrast, those who reported scores of 61 and above had a much lower probability — less than 10 percent — that they would have trouble paying for basic needs. Of all the factors examined, the bureau found that the amount of savings and financial cushions is the most important when it comes to disparities in people’s financial situations. The average financial well-being for adults with savings of less than $250 — the lowest level — is 41. That compares with 68 for people with the highest level of NABA, Nuova Accademia di Belle Arti Milano savings — $75,000 or more, according to the report. Similar differences in scores were seen with the ability to absorb unexpected expenses. “These findings highlight the importance of savings and other safety nets in helping people to feel financially secure, one of the basic elements of financial well-being,” the essay Warminster, report said. Having some sort of financial knowledge appears to benefit financial well-being.
The survey found that individuals with higher levels of financial confidence, knowledge and get motivated an essay Hudson College day-to-day money management behaviors tend to report better financial conditions. Apart from the survey, the bureau initiated an interactive online tool allowing consumers to measure their own financial well-being. 7 tips to improve your financial health: Have “rainy day” cash available. Often, people who feel they are broke don’t have the means to absorb unexpected expenses. We’ve ranked the best options for Warminster when you need cash fast. A good rule of thumb is to set aside at least three to write online St. John's-Ravenscourt School six months’ worth of living expenses. Save. Purchase Warminster School! Save.
Save. It’s never too early to start saving for retirement. St. John's-Ravenscourt! Financial planners often suggest you stash at Warminster, least 10 percent of your income every month. Writing Personal Sandy Spring! Focus on paying down high interest debts . Sometime it makes more sense to pay off debt than to save, especially if you have high-interest debt like credit cards. Here are four fast ways to achieve that goal. Purchase Essay Warminster! Consider changing your lifestyle . Lifestyle inflation is the ultimate budget-killer — a widespread phenomenon that occurs when people spend more as their incomes increase. Learn to ignore the write my essay for money, Joneses . Focusing on School, your needs and write essay NABA, Nuova Arti goals rather than aligning them with the people in School, your life or in write article Sherborne, your social media feed is critical to being happy with the state of your finances and your life. Purchase Warminster! Come up with strategies to help break your negative spending habits.
For example, we’ve written about a simple $20 rule that can help break your credit card addiction. Explore other ways to to write an essay break bad money habits here. Purchase! Educate yourself . The more you know about your finances, the write newspaper article, better off you’ll be. It doesn’t have to be complicated. Simply using an app to purchase essay track your spending or asking your HR department for a review of your retirement savings options are good places to start.
The key is to engage in day-to-day money management and establish a habit of how to to write an essay saving and budgeting. Shen Lu is a writer at MagnifyMoney. You can email Shen at firstname.lastname@example.org. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit. Best Travel Credit Cards With No Annual Fee. This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an Warminster advertising-supported comparison service which receives compensation from a critical lens Nuova di Belle Milano, some of the financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and School where products appear on Sandy Spring Friends School, the site (including for purchase essay Warminster example, the order in which they appear).
To provide more complete comparisons, the site features products from our partners as well as institutions which are not advertising partners. While we make an effort to School include the best deals available to the general public, we make no warranty that such information represents all available products. College Students and Recent Grads. Is It OK to Spend Your Financial Aid Refund? Tuesday, September 19, 2017. The editorial content on this page is not provided by purchase essay, any financial institution and has not been reviewed, approved or otherwise endorsed by any of these entities. Brittney Laryea is write an article St. John's-Ravenscourt, a personal finance reporter for MagnifyMoney. She graduated from the University of Georgia's Grady College of Journalism and Mass Communication and purchase Warminster lives in Brooklyn, N.Y. Just a few weeks into their college education, many students receive funds totaling hundreds or possibly thousands of dollars — the write, “extra” money from the student’s financial aid package.
Usually, the purchase Warminster, money comes with little to an article online St. John's-Ravenscourt School no information on how students should spend it, or how to return any funds they may not immediately need.What many students may not realize immediately is, the majority of the essay, time, taking any extra money not truly needed to pay for educational expenses results in writing Friends School, them owing even more student loan money and Warminster making payments over write newspaper article Sherborne, a longer period of time after graduation. Simply learning about the money and creating a budget could prevent many students from adding to the average $34,144 student loan balance they are already expected to purchase essay School pay back. Your refund is the amount of money left over after all of your scholarships, grants, and federal and private student loans are applied toward tuition, fees and other direct educational expenses for the semester. The refund could come as a lump-sum direct deposit to your bank account, as cash or as a check. The school legally has to The Windsor School disburse any leftover Federal Student Aid money you are awarded. Warminster School! “[Schools] cannot hold onto that credit balance unless the student gives written consent,” says Karen McCarthy, Director of Policy Analysis at National Association of Student Financial Aid Administrators (NASFAA). In the case of a PLUS loan, the parent must give consent for the school to hold the credit balance. Most refunds most likely come from write article Sherborne International, leftover federal student loans, but recipients of some grants may receive a refund for unused funds as well. In fall 2009, Brooklyn, N.Y., resident Crystal Chery, was just beginning an associate’s degree program at Kingsborough Community College. She qualified for the Pell Grant, which covered $5,350 of purchase essay Warminster her tuition and writing Sandy expenses for the school year.
After tuition and fees totaling $1,550 were paid, Chery received a credit for about $1,125 to purchase essay Warminster School her bank account each semester. While there is no official record of exactly how many college students end up with a positive balance on their account after all of their financial aid package is applied, each semester possibly thousands of U.S. college students in the United States find themselves in a similar position as Chery did her freshman year. The total amount of financial aid that a student is able to receive is up to the institution’s calculated cost of article International attendance, which is a big part of the purchase essay School, math that goes into calculating a student’s financial aid award. Sometimes colleges pad their total cost of attendance estimates to how to get motivated to write Hudson include things that aren’t directly paid to essay Warminster School the school, like books, housing, transportation or child care. The idea is that the student will use any leftover funds for other things they need in order to go to school. “Kids going to a $4,000 community college can walk away with about $5,000 of refunded money,” says college aid expert Joe Orsolini, especially if they find ways to save on expenses like housing. In Chery’s case, she lived at home, which meant she didn’t need any funds for essay Spring Friends housing. If you received a refund from essay, a mix of loans, scholarships and grants, carefully examine your refund to understand where it came from and if you’ll have to pay back that money.
Grants and International scholarships — truly “free money” — are usually applied to your institutional bills first. There may be restrictions on how you can use money from purchase Warminster School, these sources, as rules vary widely by my essay The Windsor, state, institution and scholarship program regarding how students are allowed to spend the funds they receive. Usually the essay Warminster, amount of “free money” a student gets is smaller compared to a critical lens Accademia Arti loans they receive and is depleted by direct institutional bills, so most students don’t get that money refunded to them. However, it’s possible for some students who received a large amount of scholarships to be refunded “free” money. Chery isn’t required to repay the leftover Pell grant money she received for her education, as she doesn’t fall under any special circumstances like students who may have withdrawn early from their program, or dropped to part-time enrollment during the payment period. In addition, the school was legally required to issue her a refund credit for the excess federal funds. If you receive a refund from unused federal student loan money, you’re free to keep it, but remember you’re still borrowing that money. You will need to pay any federal loan money refunded to purchase Warminster School you, with interest, starting six to nine months after you graduate. Generally speaking, you should return any unused loan money that you don’t need right away to avoid taking out how to get motivated College more in loans than you really need. Purchase! But if you need to keep it, make sure you spend the money wisely. Whatever you do, “don’t go buy a car or go on spring break with [your student loan refund],” says Orsolini.
If you’re spending federal loan money, a $10 pizza today at 6.5% APR will cost close to $20 to The Village pay off in purchase essay Warminster School, 20 years. Do that math for thousands of dollars in student loans. Write My Essay For Money School! Make your best effort to limit any flexible, frivolous or impulsive spending to money you don’t have to pay back with interest. How you handle your student loan refund may also depend on what kind of loan it is purchase essay, — unsubsidized or subsidized. Interest won’t begin to accrue on subsidized student loan money until six months after you have graduated.
So, if you keep your refund, you don’t have to writing personal essay School worry about racking up interest charges on the debt you owe while you’re in school. For that reason Orsolini argues students shouldn’t give back any “extra” subsidized loan money until they are in Warminster School, their last semester of college. “Until you know for sure that you’ve made it to write lens NABA, the finish line, hang on to that money because you never know what is purchase essay School, going to write newspaper article Sherborne International happen,” says Orsolini. He recommends placing excess financial aid funds into a 529 college savings account, where it can grow, and you can use the money if you plan to attend graduate school. If students don’t want to open a 529 account, Orsolini recommends they stash unused subsidized loan money in an emergency savings fund, to help maintain as much flexibility as possible in paying for purchase essay Warminster college. Orsolini says this method provides a financial safety net for students, as you never know what can happen to your income. If you choose to do this, you should pay back any unused subsidized loan money the month before your graduation to avoid paying interest. Warning: Orsolini’s method takes a lot of self-restraint. Students shouldn’t pocket any unsubsidized student loan money, as interest will begin to accrue immediately, and my essay The Windsor keeping the money won’t be worth it. “Even if you put it in purchase Warminster, a savings account for a few months, it’s going to accrue more interest as a loan than it would in the savings account,” says Ashley Norwood, Consumer and Regulatory Adviser at American Student Assistance (ASA), a nonprofit student loan advocacy group that helps students finance and repay their student loans. Avoid keeping unneeded unsubsidized loan money at write online St. John's-Ravenscourt, all costs if you can.
If you find yourself keeping the loan because you need to essay School live off of it, Betsy Mayotte, Director of Consumer Outreach and Compliance at ASA, suggests you do your best to reduce your cost of attendance. You could make up some or all of the maximum $2,000 a student can receive in newspaper Sherborne, unsubsidized loans by School, getting a part-time job or a work-study job, for to write College example. If cost of living is too high at the school you’re attending, look at Warminster, a cheaper school or consider moving home if the school is close enough. Should You Spend Your Refund — or Return It? Unless you have restrictions on how you can use it, what you decide to do with your refund money as a college student is really up to you. “The assumption is that the student is using that credit balance to pay for those [indirectly billed] expenses,” says McCarthy. But students don’t always do that. “When I was in college, I remember all of my friends getting True Religions and all of this stuff [with their refund money] … I did not,” says Chery. “I was focused on other things.”
Chery used her fall semester “refund” to buy equipment to launch a DJ career, starting with a $1,350 MacBook, which she used to create her own mixes and to how to get motivated to write College use at gigs she booked while in purchase Warminster School, school. Write An Article! With the following semester’s refund, Chery purchased a Canon 60D DSLR camera for another $1,200 because she wanted to “dabble in photography and essay promote [her business].” Chery says the investment paid off. After booking larger, professional gigs and gaining some experience, she was able to present work that helped her land an write Sherborne International internship with Hollywood, Calif.-based media company, REVOLT TV, where she got to work with big-name music artists like Sean “Diddy” Combs and purchase School Damon Dash. “When I started making these investments, I didn’t know that they were going to article alter my career like that,” says Chery, who now hosts and books events with hundreds or thousands in Warminster School, attendance throughout the northeast United States. After you’ve allocated funds to different areas of your budget, you need to figure out what to do with any extra funds. If the money is “free,” meaning you don’t have to pay it back later, you can keep it, but you may need to look into what you are allowed to spend it on, says McCarthy, as there may be restrictions on how you can use scholarship or grant money.
If you think you have enough money for essay Sandy your needs, the experts at ASA and NASFAA agree students should immediately send back any money they don’t think they need, since students can always ask for that disbursement again later on. Giving money back or canceling a federal student loan won’t affect how much financial aid you are offered the purchase essay, following semester and format of an writing School if you need the Warminster, money later on in the current semester, Mayotte tells Magnify Money. “Let’s say you refused all of the write a critical Nuova Accademia, loans. Warminster School! You can go back to how to an essay College the financial aid office and Warminster School ask for part or all of that loan money up to write online School 180 days after the last day of classes,” adds Mayotte. As long as you were eligible to receive the student loan funds during that pay period, you can receive a federal loan for essay Warminster a prior or the current payment period without penalty if you ask for it within the 180-day period. For example, you can technically still receive loan money you denied during the how to get motivated Hudson, fall semester if you request a late disbursement for that money during your spring semester as long as it’s within 180 days after the end of the payment period. Ask Yourself These 3 Questions Before Spending (Or Returning) Your Refund. Have you paid for all of your non-negotiable expenses for purchase Warminster School the semester?
Certain non-negotiable expenses (read: tuition and fees) are usually billed at write Sherborne International, the beginning of the semester, but the school won’t send you a bill for everything you can’t succeed without, like technology for essay Warminster classes, a working laptop, or sheets for your dorm bed. Here are a few possible spending categories you may or may not include in lens essay NABA, Nuova Arti Milano, your budget: Living expenses not billed by the institution Books and purchase School other educational supplies you’re going to Sherborne International need over the course of the whole term Transportation (gas, on- and off-campus parking) Child care, if you need this so that you can attend school Miscellaneous personal expenses. Do you need the money to purchase essay Warminster School cover other college-related expenses? There are a host of writing personal essay Sandy Friends School hidden college costs college-bound families fail to essay consider for one reason or another, and they can dry an unsuspecting student’s checking account. They are all the little things families don’t think about during move-in, like organization membership fees and paying for food outside of a prepaid student meal plan. If you can’t cover those things with part-time income during the school year, tally up an essay The Village estimate and keep what loan money you need. You should have every reason to have savings, especially if you’re paying for school on your own.
You won’t get many opportunities to stash away $1,000 in cash working for minimum wage as a barista in school. Warminster! Pocketing some of the of an writing The Village School, money now will help you steer clear of rainy days and expensive borrowing options in purchase essay Warminster School, the future when those hidden costs creep up on you. Set one up ASAP. How to return your refund to an article St. John's-Ravenscourt the Department of Education. The rule is simple: Return the loan within 120 days of disbursement, and it will be like you never took it out in the first place.
The rule is purchase, found in the text of the Master Promissory Note, which all FSA borrowers are required to sign promising to pay the loans back before they can receive any federal aid funds. Newspaper Article Sherborne! The following information is found under “Canceling Your Loan”: You may return all or part of your loan to us. Within 120 days of the date your school disbursed your loan money (by crediting the loan money to your account at the school, by paying it directly to you, or both), you may cancel all or part of your loan by returning all or part of the School, loan money to School us. Contact your servicer for guidance on essay School, how and of an essay writing The Village where to purchase essay School return your loan money. You do not have to pay interest or the loan fee on the part of your loan that is cancelled or returned within the write a critical lens NABA, Nuova Accademia di Belle Milano, timeframes described above. Purchase School! We will adjust your loan amount to eliminate any interest and loan fee that applies to the amount of the loan that is cancelled or returned. If you make the write an article online St. John's-Ravenscourt, 120-day deadline, you’re in the clear.
You won’t be required to pay loan fees or any interest already accrued on unsubsidized loans in that time. Sometimes, your university can send it back on your behalf, so your first point of contact should be the purchase School, financial aid office at your institution. Of An Essay! Check with them to see if they can send the purchase School, unused federal student loan funds back on your behalf, or if you will need to send the money back to your loan servicer on your own. After the deadline, you’ll need to to write an essay Hudson simply make a loan payment back to essay Warminster your loan servicer. You can begin to pay your loans back while still in article International, college.
If you do, you won’t pay any interest on purchase essay School, subsidized student loan money (it doesn’t begin to accrue until six months after you graduate), but you will pay any loan fees charged to your account. When will I get my financial aid refund? If you’re expecting a refund, you aren’t likely to see that money until after the write NABA, Nuova Accademia Arti, add/drop period for classes — the grace period during which you can change your choices without penalty — ends. That can be about three to four weeks into the semester, although some schools may disburse funds earlier. According to the Department of Education, schools must pay a credit balance directly to a student or parent no more than 14 days after the first day of class or when the purchase essay Warminster School, balance occurred if it occurred after the writing The Village, first day of class. Until then, you’ll have to cover your costs out of pocket. “Students who are expecting refunds are very anxious for them,” says Norwood. Norwood adds the anxiety may be because many students who see a refund check are lower income — they may see the money because they qualified for more aid. They may depend on essay Warminster, the funds from the refund to pay for personal essay Spring important costs related to their education such as rent for off-campus housing or educational supplies for classes. If you missed something on purchase Warminster School, your financial checklist — like signing the Master Promissory Note or completing Loan Entrance Counseling — over the summer, you may see funds even later than four weeks.
Overall, if you’re hoping to use refund money to cover your rent or other school expenses, you may need to come up with the cash by other means. “If [students] don’t budget well for the whole year, it’ll be the same thing in January,” says Mayotte. There is a silver lining for you if you received Federal Student Aid (FSA). As of July 1, 2016, Title IV schools are required to provide a way for FSA recipients to how to an essay Hudson College purchase books and supplies required for purchase School the semester by the seventh day of the semester if: The school was able to online St. John's-Ravenscourt disburse FSA funds 10 days before the semester began, or The student would have a credit balance after all FSA funds are applied. The school doesn’t have to write you a check outright for books.
Institutions can award the funds in school credit or bookstore credit, too, but must grant you the purchase, amount you are expected to spend on educational supplies according to the institution’s calculated cost of personal essay Friends attendance by the end of the first week of classes. Brittney Laryea is a writer at MagnifyMoney. Essay Warminster! You can email Brittney at write, email@example.com. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit. Best Travel Credit Cards With No Annual Fee.
This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an advertising-supported comparison service which receives compensation from some of the financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and purchase essay Warminster where products appear on the site (including for get motivated Hudson College example, the order in which they appear). To provide more complete comparisons, the site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. College Students and purchase essay Recent Grads, Pay Down My Debt, Reviews. CommonBond Student Loan Refinance Loan Review.
Thursday, September 7, 2017. The editorial content on this page is not provided by any financial institution and College has not been reviewed, approved or otherwise endorsed by any of these entities. Erin Millard is purchase Warminster School, a personal finance freelance blogger and founder of JourneyToSaving.com. CommonBond was founded by three Wharton MBAs who felt the sting of student loans after they graduated. The founders decided to an article online provide a better solution for graduates, as they thought the student loan system was broken and in need of reform. As a result, they strive to make the refinance (and borrowing) process as simple and straightforward for graduates as possible. CommonBond* began by servicing students from just one school, and has rapidly expanded. Today, CommonBond loans are available to graduates of over 2,000 schools nationwide.
Although the company traditionally offered loan refinancing to undergraduate and graduate students, CommonBond recently started offering loans for current students as well (both undergraduates and graduates). CommonBond is one of the essay Warminster, top four lenders identified by write The Windsor, MagnifyMoney to refinance student loans. As you might be able to tell by the name, Common Bond thinks of its community as family. There is a network of alumni and professionals within the community that want to help borrowers. This alone sets it apart from other lenders, as members often meet for essay Warminster events. While these are all great things, we know you’re more interested in how CommonBond might be able to help you make your student loans more affordable. Let’s take a look at write School, what terms and School rates they offer, eligibility requirements, and how they compare against other lenders. CommonBond offers low variable and fixed rate loans. Variable rates range from 2.81% – 6.74% APR, and write for money The Windsor fixed rates range from 3.35% – 7.12% APR. Note that these rates take a 0.25% auto pay discount into consideration. There is no maximum loan amount.
CommonBond will lend what you can afford to repay. CommonBond offers fixed and variable rates with terms of 5, 7, 10, 15, and essay School 20 years. The hybrid loan is only offered on a 10 year term – the format essay writing The Village, first 5 years will have a fixed rate, and the 5 years after that will have a variable rate. CommonBond has a great chart listing repayment examples based off of Warminster borrowing $10,000, which can be found on write, its rates and terms page. To pull an purchase Warminster School example from that, if you borrow $10,000 at a fixed 4.74% APR on a 10 year term, your monthly payment will be $104.80. The total amount you will pay over the 10 year period will be $12,575.90. CommonBond is available to article Sherborne International graduates of 2,000 universities. While that is a very long list, not all colleges and purchase Warminster School universities are included. One pro to consider is the hybrid loan option available.
It might seem a little confusing at format, first – why would someone want a variable rate down the purchase, road? If you’re confident you’ll be able to make extra payments on your loan and pay it off before the 5 years are up, you might be better off going with the hybrid option (if you can get a better interest rate on it). This is because you’ll end up paying less over the life of the loan with a lower interest rate. If you were offered a 10 year loan with a fixed rate of essay 6.49% APR, and a hybrid loan with a beginning rate of 5.64%, the hybrid option would be the better deal if you’re intent on paying it off quickly. CommonBond doesn’t list many eligibility requirements on Warminster, its website, aside from the following: You must be a U.S. citizen or permanent resident You must have graduated. CommonBond doesn’t specify a minimum credit score needed, but based on the requirements of online St. John's-Ravenscourt School other lenders, we recommend having a score of purchase School 660+, though you should be aiming for 700+. The good news is CommonBond lets you apply with a cosigner in case your credit isn’t good enough. Documents and Information Needed to Apply. CommonBond’s application process is very simple – it says it takes as little as 2 minutes to complete. Get Motivated To Write An Essay Hudson! Initially, you’ll be asked for basic information such as your name, address, and school.
Once you complete this part, CommonBond will perform a soft credit pull to estimate your rates and terms. If you want to move forward with the essay Warminster, rates and terms offered, you’ll be required to submit documentation and a hard credit inquiry will be conducted. CommonBond lists the following as required: Pay stubs or tax returns (proof of employment) Diploma or transcript (proof of graduation) Student loan bank statement ID, utility bills, lease agreement (proof of write online St. John's-Ravenscourt School residency) CommonBond also notes it can take up to 5 business days to Warminster verify documents submitted, so the loan doesn’t happen instantaneously. Once your documents are approved, you electronically sign for the loan, and CommonBond will begin the process of paying off your previous lenders.
It notes this can take up to two weeks from the time the loan is write, accepted. Who Benefits the Most from Refinancing Student Loans with CommonBond? Borrowers who are looking to Warminster refinance a large amount of student loan debt will benefit the most from refinancing with them. CommonBond does not have a prepayment penalty, and there are no origination fees nor application fees associated with refinancing. As with other lenders, there is a late payment fee. This is 5% of the unpaid amount of the payment due, or $10, whichever is how to write essay NABA, Nuova Accademia di Belle Arti Milano, less. If a payment fails to go through, you’ll be charged a $15 fee. It’s also noted that failure to essay Warminster School make payments may result in the loss of the 0.25% interest rate deduction from auto pay. Getting in touch with a representative is simple and there is a chat and call option right on the homepage.
Some lenders have this hidden at the bottom, or they don’t offer a chat option at all. CommonBond also lets borrowers know they can shop around within a 30 day period to lessen the impact on get motivated Hudson College, their credit. It does not list its late fees on its website, unlike other lenders. Essay! However, after making a chat inquiry, the question was answered promptly. CommonBond does offer a cosigner release and how to write lens essay NABA, Nuova Accademia is ranked with a A+ transparency score. Alternative Student Loan Refinancing Lenders. The student loan refinancing market continues to get more competitive, and essay School it makes sense to shop around for how to get motivated to write the best deal.
One of the market leaders is purchase Warminster, SoFi. How To An Essay Hudson College! It’s always worth taking a look to essay Warminster School see if SoFi* offers a better interest rate. The two lenders are very similar – CommonBond offers “CommonBridge,” a service that helps you find a new job in the event you lose yours. SoFi offers a similar service called Unemployment Protection. SoFi’s variable rates are currently 2.815% – 6.740% APR with autopay, and its fixed rates are currently 3.35% – 7.125% APR, which is in line with what CommonBond is offering. SoFi also doesn’t have a limit on how much you can refinance with them. on SoFi’s secure website. Another lender to consider is Earnest. To Write Hudson College! There is no maximum loan amount, and Earnest has a very slick application process. Interest rates start as low as 2.82% (variable) and 3.35% (fixed).
Lastly, you could check out LendKey. It offers student loan refinancing through credit unions and community banks, but only offers variable rates in most states and fixed rates in a select few. The maximum amount to School refinance with an undergraduate degree is $125,000, and the maximum amount to refinance with a graduate degree is $175,000. All three of these options provide forbearance in how to essay di Belle Arti Milano, case of economic hardship and offer similar loan options (5, 10, 15 year terms). As CommonBond initially conducts a soft pull on your credit, you’re free to continue to shop around for the best rates if you’re not happy with the purchase essay Warminster, rates it can provide. As the write St. John's-Ravenscourt, lender states on its website, if you apply for loans within a 30 day period, your credit won’t be affected as much. Since CommonBond does have strict underwriting criteria, you should continue to shop around and don’t be discouraged if you are not approved. The market continues to get more competitive, and a number of good options are out purchase essay School there. *We’ll receive a referral fee if you click on of an essay The Village, offers with this symbol. This does not impact our rankings or recommendations. School! You can learn more about Sherborne how our site is financed here . Erin Millard is a writer at MagnifyMoney.
You can email Erin at firstname.lastname@example.org. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit. Best Travel Credit Cards With No Annual Fee. This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an advertising-supported comparison service which receives compensation from some of the financial providers whose offers appear on our site. Purchase Essay Warminster! This compensation from our advertising partners may impact how and where products appear on for money The Windsor, the site (including for example, the order in which they appear). Purchase Warminster School! To provide more complete comparisons, the newspaper article Sherborne International, site features products from our partners as well as institutions which are not advertising partners.
While we make an effort to purchase essay Warminster include the best deals available to the general public, we make no warranty that such information represents all available products. College Students and Recent Grads, Pay Down My Debt. 19 Options to get motivated to write an essay Hudson Refinance Student Loans in 2017 – Get Your Lowest Rate. Thursday, August 31, 2017. The editorial content on this page is not provided by any financial institution and Warminster has not been reviewed, approved or otherwise endorsed by any of these entities. Nick Clements has worked in consumer banking for nearly 15 years and is the co-founder of an article MagnifyMoney. Are you tired of paying a high interest rate on purchase essay Warminster, your student loan debt?
You may be looking for ways to refinance your student loans at a lower interest rate, but don’t know where to turn. We have created the most complete list of how to Hudson College lenders currently willing to purchase essay refinance student loan debt. You should always shop around for the best rate. Don’t worry about the impact on for money The Windsor School, your credit score of applying to multiple lenders: so long as you complete all of your applications within 14 days, it will only essay count as one inquiry on your credit score. You can see the full list of lenders below, but we recommend you start here, and check rates from the top 4 national lenders offering the how to a critical essay Accademia di Belle Arti, lowest interest rates. These 4 lenders also allow you to check your rate without impacting your score (using a soft credit pull), and offer the best rates of 2017: We have also created:
A student loan refinance calculator, which can help you find out how much money you can save if you refinance A comparison tool which lets you see student loan terms all at once, with no need to give up personal information. But before you refinance, read on to see if you are ready to purchase essay refinance your student loans. Loan approval rules vary by of an essay The Village School, lender. However, all of the essay Warminster School, lenders will want: Proof that you can afford your payments. That means you have a job with income that is write a critical lens Nuova di Belle Arti, sufficient to cover your student loans and all of your other expenses. Essay Warminster! Proof that you are a responsible borrower, with a demonstrated record of on-time payments. Write School! For some lenders, that means that they use the traditional FICO, requiring a good score. For other lenders, they may just have some basic rules, like no missed payments, or a certain number of on-time payments required to purchase essay Warminster School prove that you are responsible. If you are in financial difficulty and can’t afford your monthly payments, a refinance is not the my essay The Windsor, solution.
Instead, you should look at options to purchase essay Warminster School avoid a default on student loan debt. This is particularly important if you have Federal loans. Don’t refinance Federal loans unless you are very comfortable with your ability to repay. Think hard about the chances you won’t be able to make payments for format of an essay The Village a few months. Once you refinance, you may lose flexible Federal payment options that can help you if you genuinely can’t afford the payments you have today. Check the Federal loan repayment estimator to make sure you see all the Federal options you have right now. If you can afford your monthly payment, but you have been a sloppy payer, then you will likely need to purchase essay Warminster demonstrate responsibility before applying for a refinance. But, if you can afford your current monthly payment and how to get motivated College have been responsible with those payments, then a refinance could be possible and help you pay the debt off sooner. Like any form of Warminster debt, your goal with a student loan should be to pay as low an interest rate as possible. Write Lens Accademia Milano! Other than a mortgage, you will likely never have a debt as large as your student loan. If you are able to reduce the interest rate by re-financing, then you should consider the purchase essay Warminster, transaction.
However, make sure you include the following in any decision: Many lenders have no fee, which is great news. If there is an origination fee, you need to make sure that it is worth paying. Write Article Sherborne! If you plan on paying off your loan very quickly, then you may not want to pay a fee. But, if you are going to be paying your loan for a long time, a fee may be worth paying. Is the interest rate fixed or variable? Variable interest rates will almost always be lower than fixed interest rates.
But there is a reason: you end up taking all of the interest rate risk. We are currently at all-time low interest rates. So, we know that interest rates will go up, we just don’t know when. This is a judgment call. Just remember, when rates go up, so do your payments. And, in a higher rate environment, you will not be able to refinance to essay Warminster School a better option (because all rates will be going up). We typically recommend fixing the rate as much as possible, unless you know that you can pay off your debt during a short time period.
If you think it will take you 20 years to format of an essay The Village pay off your loan, you don’t want to purchase Warminster School bet on the next 20 years of get motivated Hudson College interest rates. But, if you think you will pay it off in five years, you may want to purchase essay School take the bet. Some providers with variable rates will cap them, which can help temper some of the risk. If you go to other sites they may claim to compare several student loan offers in one step. Just beware that they might only show you deals that pay them a referral fee, so you could miss out on writing essay, lenders ready to essay Warminster give you better terms. Below is what we believe is the most comprehensive list of current student loan refinancing lenders. You should take the time to shop around. FICO says there is writing School, little to purchase no impact on your credit score for rate shopping as many providers as you’d like in a single shopping period (which can be between 14-30 days, depending upon the version of FICO). So set aside a day and write an article St. John's-Ravenscourt School apply to as many as you feel comfortable with to purchase get a sense of who is ready to give you the write newspaper article Sherborne International, best terms. Here are more details on the 5 lenders offering the lowest interest rates:
1. SoFi: Variable Rates from 2.815% and purchase Fixed Rates from write, 3.35% (with AutoPay)* SoFi (read our full SoFi review) was one of the first lenders to essay start offering student loan refinancing products. Write Newspaper International! More MagnifyMoney readers have chosen SoFi than any other lender. Although SoFi initially targeted a very select group of essay School universities (it started with Stanford), now almost anyone can apply, including if you graduated from a trade school. Write Lens Di Belle Arti! The only requirement is purchase essay Warminster, that you graduated from an article, a Title IV school. You need to have a degree, a good job and good income in order to purchase qualify. SoFi wants to be more than just a lender.
If you lose your job, SoFi will help you find a new one. If you need a mortgage for a first home, they are there to help. And, surprisingly, they also want to get you a date. SoFi is famous for article International hosting parties for essay School customers across the country, and creating a dating app to match borrowers with each other. on SoFi’s secure website.
2. Earnest: Variable Rates from format essay writing The Village, 2.82% and Fixed Rates from 3.35% (with AutoPay) Earnest (read our full Earnest review) offers fixed interest rates starting at 3.35% and essay Warminster variable rates starting at 2.82%. Unlike any of the other lenders, you can switch between fixed and variable rates throughout the life of your loan. You can do that one time every six months until the loan is paid off. That means you can take advantage of the low variable interest rates now, and then lock in a higher fixed rate later. You can choose your own monthly payment, based upon personal essay Sandy Spring School, what you can afford (to the penny).
Earnest also offers bi-weekly payments and “skip a payment” if you run into difficulty. 3. Purchase School! CommonBond: Variable Rates from 2.81% and Fixed Rates from 3.35% (with AutoPay) CommonBond (read our full review) started out lending exclusively to an essay Hudson College graduate students. They initially targeted doctors with more than $100,000 of debt. Over time, CommonBond has expanded and now offers student loan refinancing options to graduates of almost any university (graduate and essay Warminster School undergraduate). In addition (and we think this is Sandy Spring School, pretty cool), CommonBond will fund the purchase essay School, education of someone in need in write my essay School, an emerging market for essay every loan that closes. So not only will you save money, but someone in need will get access to an education. 4. To Write An Essay Hudson! LendKey: Variable Rates from 2.57% and Fixed Rates from purchase Warminster School, 3.15% (with AutoPay) LendKey (read our full LendKey review) works with community banks and credit unions across the country. Although you apply with LendKey, your loan will be with a community bank. Format The Village! If you like the idea of working with a credit union or community bank, LendKey could be a great option.
Over the past year, LendKey has become increasingly competitive on pricing, and frequently has a better rate than some of the more famous marketplace lenders. In addition to essay Warminster School the Top 4 (ranked by interest rate), there are many more lenders offering to write an article refinance student loans. Below is purchase essay School, a listing of all providers we have found so far. This list includes credit unions that may have limited membership. We will continue to update this list as we find more lenders.
This list is writing Spring Friends School, ordered alphabetically: Alliant Credit Union: Anyone can join this credit union. Interest rates start as low as 4.25% APR. You can borrow up to $100,000 for up to 25 years. Citizens Bank: Variable interest rates range from essay School, 2.77% APR – 8.62% APR and fixed rates range from 4.74% – 8.24%.
You can borrow for up to 20 years. Citizens also offers discounts up to writing 0.50% (0.25% if you have another account and 0.25% if you have automated monthly payments). College Avenue: If you have a medical degree, you can borrow up to $250,000. Otherwise, you can borrow up to $150,000. Fixed rates range from Warminster School, 6.22% – 11.58% APR. Write! Variable rates range from 3.69% – 9.25% APR. Credit Union Student Choice: If you like credit unions and community banks, we recommend that you start with LendKey. However, if you can’t find a good loan from a LendKey partner, this tool could be helpful.
Just check to see if you or an immediate family member belong to one of their featured credit union and you can apply to refinance your loan. Laurel Road (formerly known as DRB) Student Loan: Laurel Road offers variable rates ranging from 2.99% – 6.42% APR and fixed rates from 3.95% – 6.99% APR. Essay Warminster! Rates vary by term, and article International you can borrow up to 20 years. Purchase Warminster! Eastman Credit Union: Credit union membership is restricted (see eligibility here). Fixed rates start at essay Accademia di Belle, 6.50% and go up to 8% APR. Education Success Loans: This company has a unique pricing structure: your interest rate is fixed and then becomes variable thereafter. You can fix the rate at 4.99% APR for the first year, and it is purchase essay School, then becomes variable. The longest you can fix the rate is 10 years at 7.99%, and it is then variable thereafter.
Given this pricing, you would probably get a better deal elsewhere. EdVest: This company is the non-profit student loan program of the Accademia di Belle Milano, state of New Hampshire which has become available more broadly. School! Rates are very competitive, ranging from 3.94% – 7.54% (fixed) and how to to write 3.16% – 6.76% APR (variable). First Republic Eagle Gold. The interest rates are great, but this option is not for everyone. Fixed rates range from 2.35% – 3.95% APR. You need to essay visit a branch and open a checking account (which has a $3,500 minimum balance to avoid fees). Branches are located in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland (Oregon), Boston, Palm Beach (Florida), Greenwich or New York City. Loans must be $60,000 – $300,000. First Republic wants to recruit their future high net worth clients with this product. For Money The Windsor! IHelp: This service will find a community bank.
Unfortunately, these community banks don’t have the purchase, best interest rates. Write! Fixed rates range from 4.65% to 8.84% APR (for loans up to 15 years). Essay Warminster School! If you want to get a loan from write School, a community bank or credit union, we recommend trying LendKey instead. Navy Federal Credit Union: This credit union offers limited membership. For men and women who serve (or have served), the credit union can offer excellent rates and specialized underwriting. Variable interest rates start at 3.42% and fixed rates start at purchase Warminster, 4.00%.
Purefy: Only fixed interest rates are available, with rates ranging from write for money The Windsor School, 3.95% – 6.75% APR. You can borrow up to $150,000 for up to 15 years. Just answer a few questions on their site, and you can get an indication of the rate. RISLA: Just like New Hampshire, the state of Rhode Island wants to help you save. Warminster! You can get fixed rates starting as low as 3.49%. And you do not need to have lived or studied in Rhode Island to benefit. UW Credit Union: This credit union has limited membership (you can find out write newspaper International who can join here, but you had better be in Wisconsin). You can borrow from $5,000 to $60,000 and rates start as low as 2.76% (variable) and 4.04% APR (fixed). Wells Fargo: As a traditional lender, Wells Fargo will look at purchase Warminster, credit score and debt burden.
They offer both fixed and variable loans, with variable rates starting at 4.49% and newspaper Sherborne International fixed rates starting at 6.24%. You would likely get much lower interest rates from School, some of the new Silicon Valley lenders or the newspaper article, credit unions. You can also compare all of these loan options in one chart with our comparison tool. It lists the rates, loan amounts, and purchase Warminster kinds of Sandy Friends School loans each lender is willing to refinance. You can also email us with any questions at email@example.com. Nick Clements is a writer at MagnifyMoney. You can email Nick at purchase essay Warminster School, firstname.lastname@example.org. 2 Credit Cards Charging 0% Interest until 2019. Getting Approved For 1 Of These Credit Cards Means You Have Excellent Credit.
Best Travel Credit Cards With No Annual Fee. This Cash Back Number May Surprise You. Advertiser Disclosure: MagnifyMoney is an advertising-supported comparison service which receives compensation from some of the for money School, financial providers whose offers appear on our site. This compensation from our advertising partners may impact how and essay Warminster where products appear on the site (including for example, the an essay, order in which they appear). Essay Warminster! To provide more complete comparisons, the site features products from our partners as well as institutions which are not advertising partners. Hudson College! While we make an effort to include the best deals available to essay Warminster School the general public, we make no warranty that such information represents all available products.
College Students and Recent Grads. Guide to Paying for College in 2017. Friday, August 25, 2017. The editorial content on write my essay The Windsor, this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by any of these entities. Brynne is the blogger behind FemmeFrugality. According to CollegeBoard, the cost of tuition, fees, and room and board has gone up about purchase Warminster School 162 percent at private nonprofit four-year colleges since 1971 when adjusted for inflation. Public schools have seen an increase of 142 percent in in-state tuition, fees, and room and board over the same time period. College is an expensive endeavor, yet we know that those who hold bachelor’s degrees make an average of $1 million more over writing essay Sandy Spring Friends School, the course of purchase essay Warminster their lives than those who do not.
Higher education is still worth investing in, even if prices have increased astronomically. Today we’ll look at how to evaluate the costs of write newspaper International college and purchase how to get your education funded. Part I: How Much Does College Cost? When you first look at the cost of tuition and fees, room and lens essay NABA, Nuova Accademia di Belle board, and meal plans, most colleges appear oppressively expensive. Appearances are sometimes deceiving. The first number most people find is the advertised sticker price, and it isn’t what you end up shelling out for your education. The number you actually end up paying — the net price — is usually lower for most students. Net price is how much the school charges minus the essay Warminster, amount of financial aid you are awarded. If you already know how much financial aid you will be receiving, you can subtract that number from your school’s sticker price. The difference will be your net price. If you want to how to to write an essay Hudson get an estimate of the net price prior to applying, you can search for Warminster your school’s calculator via the U.S.
Department of Education. There are some things to keep in mind as you use these calculators: The numbers they produce will be estimates only, and are not guaranteed. Some calculators base all calculations on in-state tuition. Write Online! If you’re an out-of-state student, be mindful that your costs may be higher unless explicitly stated otherwise.
Some calculators base their numbers on financial aid opportunities available to essay Warminster first-year students. There is usually more funding for freshmen, so you can expect the subsequent three years to be more expensive. Nonprofit schools tend to cost a good deal less than for-profit institutions. And, when you look at the net price of for-profit schools, they can cost even more than private nonprofit schools. This is because for-profit schools offer less institutional aid — or financial aid through the college itself. Instead, they rely heavily on federal financial aid for the funding of their students’ education. As a result, students who attend for-profit schools generally wind up with far more student loan debt after graduation. With 59 percent of students enrolled in write lens NABA, Nuova di Belle Arti, a certificate or associate’s degree program, average student borrowing per essay School, year was at $6,179 for to write an essay Hudson the 2011-12 school year compared to an average of essay just $953 at comparable public, nonprofit two-year institutions, according to a recent analysis by the Brookings Institution. Because of this, the bulk of their advertising efforts are focused on low-income students who qualify for maximum federal financial aid.
These students should be careful to weigh net prices at nonprofit institutions before agreeing to attend a for-profit school based on the sticker price. Nonprofit institutions will offer more scholarships and grants, reducing the number of loans — and therefore debt — they have to take on. The sticker price on a public college is undoubtedly lower than that of private institutions. However, many private schools have large endowments providing substantial student aid at writing essay Sandy Spring Friends School, the institutional level. This aid is often extended to middle-income families even if they don’t qualify for a large amount of aid through federal programs. For example, Cornell University offers significant grants to students from families with under $60,000 in annual income as long as their assets are under $100,000. In an example generated by the university, a traditional student from a household with $51,000 in purchase essay, annual income can qualify for over $64,000 in institutional grants — even when they hold personal assets of $3,000. In this example, the student’s net price is a whopping $3,450 for how to a critical Accademia Milano one year at an Ivy League university.
What college expenses should I be prepared for? There are several different ways to find money for college expenses. Essay School! If you stay on top of an article St. John's-Ravenscourt School financial aid application deadlines and have a high GPA and essay high test scores, you can easily shave tens of thousands of St. John's-Ravenscourt dollars off your cost of attendance. In this section, we’ll cover the most common sources of college funding. Understanding the FAFSA: The key to purchase Warminster financial aid. The Free Application for Federal Student Aid (FAFSA) is the write essay Nuova di Belle Milano, single most important document you will likely fill out purchase Warminster School as a college student. Because without the FAFSA, you won’t be able to access the majority of the best financial aid options we are going to cover in this guide. Those include: Grants Work-study opportunities Federal student loans Direct PLUS Loans for parents. Not only will the my essay School, FAFSA tell you how much aid you are eligible for through the federal government, but it is essay, also a required step to my essay for money The Windsor School getting institutional financial aid from your college or university. It’s important to note that you do not have to pay to file the purchase Warminster, FAFSA.
It is entirely free. Go to https://fafsa.gov/ to create a Federal Student Aid account and start your application. Important: You must fill out a FAFSA every year that you attend college. The Expected Family Contribution (EFC) is writing personal Spring Friends School, how much the federal government determines you or your parents should be able to purchase essay contribute to a critical lens essay NABA, Nuova your education costs. This number is then used to figure out Warminster how much aid the government is newspaper, willing to extend to you. For example, to qualify for a full Pell Grant in the 2017-18 school year, your family’s expected family contribution can’t be higher than $5,328. It should be noted that students interested in FSEOG Grants and Perkins Loans should apply as soon as possible, as these funds are doled out on purchase essay School, a first-come, first-served basis and write School actually do run out. The final form of aid distributed by purchase essay School, the federal government is student loans. You will know which federal student loans you qualify for after you fill out your FAFSA. Because student loans will have to how to a critical NABA, Accademia Arti Milano be repaid with interest, they should only be pursued after you have exhausted all grant, scholarship and purchase essay Warminster work-study options. As an undergraduate student, there are a variety of my essay federal student loans you may be offered.
Direct Loans, both subsidized and unsubsidized, come with the purchase Warminster School, advantage of income-driven repayment options. There are also generous deferment, forgiveness and cancellation programs offered. Important: You should be absolutely sure that you have maxed out your federal student loan eligibility before turning to private loans. Federal student debt often has better rates than private loans and get motivated College a range of flexible repayment options. If federal student loans aren’t enough, you can turn to private student loans as a last resort for college financing. These loans from banks, credit unions and online marketplace lenders do not have the same generous repayment programs, though some may have deferment options in some situations, such as unemployment.
Private loans come with variable or fixed interest rates. At this moment in time, interest rates are low. If you take out a variable interest rate loan, the rate is purchase essay School, likely to go up over the course of your loan. Fixed interest rates start higher, but remain stable throughout the course of your repayment. If you haven’t yet established credit, you will likely need a co-signer in order to qualify for private student loans. If you’re a nontraditional student and have a less-than-stellar credit history, you’ll likely also benefit from write newspaper article Sherborne, having a co-signer. If you have a good credit score, you can skip the purchase essay Warminster, co-signer. But if you do need some help, look for loan options with a co-signer release. This lets the co-signer off the hook after a certain period of personal Spring Friends time — generally once your payment history has allowed you to establish a better credit history yourself. You don’t want to borrow more than you can reasonably afford to pay back. Certain professions that require extensive education, like doctors and lawyers, will have considerably more student loan debt than other professions.
However, some professions, such as teaching, may require a master’s degree in some regions. Four years of Warminster undergrad plus grad school isn’t cheap, but a teacher’s entry salary typically doesn’t make up for all of your education expenses. In these situations, talk to professionals in get motivated Hudson, the field you want to purchase essay Warminster School enter to find a reasonable expectation for entry salary and potential salary growth over the course of a career. While using online sources to find this information is for money The Windsor, great, it’s not going to replace the regional knowledge of a professional working in the field. You can then plug that number into CollegeBoard’s Student Loan Calculator, along with how much money you intend to borrow. It will analyze and tell you if your monthly payments will exceed 10 to School 15 percent of your monthly income — which is essay writing, generally considered to be the absolute maximum you should allot to student loan payments. If you take out federal student loans, you may be able to borrow more as most loan options allow you to pay based on your income level. Purchase Warminster! Just be careful not to bury yourself in debt — you don’t want to be paying student loans into your seventies. You won’t find scholarships on the FAFSA, but they’re a great alternative to write School student loans. When you are awarded a scholarship, you receive free money for essay Warminster school that you never have to write pay back. Merit-based vs. need-based scholarships.
While the majority of grants are need-based, the majority of scholarships are merit-based. There may be maximum income levels or priority given to purchase essay School those in dire financial straits, but for Sherborne International most scholarships, you’re going to have to essay do a little bit of how to get motivated Hudson work beyond filling out an application. Most scholarships will require you to maintain a certain GPA, though standards vary wildly. Almost all scholarships will require some type of essay. Traditionally, this is done in written format, but in 2017 some scholarship essays can be done via multimedia such as video.
If your family’s income doesn’t help you establish a strong financial need, don’t lose hope. There are plenty of scholarships out there that have no financial requirements and are completely based on your essay — on essay Warminster School, rare occasion, they won’t even ask about grades. Recurring vs. one-time scholarships. Most scholarships only last one semester or one school year. However, there are some you can apply for that will cover your entire tenure as an undergrad. Keep in mind that these options are likely to for money The Windsor require you to maintain a certain GPA throughout your studies. The first place you can look is your financial aid office.
Many schools have endowments not just for grants but for scholarships as well. After you have exhausted scholarship options at your school, look in places such as: Professional organizations in purchase School, the field you want to enter Professional organizations or unions your parents may belong to National student organizations related to your major Potential future employers — especially if they’re a larger company Within the community you grew up in Organizations based on your ethnicity or heritage Religious organizations Organizations related to any extracurricular activities or hobbies. You can look for scholarships on major search engines, like Fastweb, CollegeBoard and write my essay Scholarships.com, but you’ll find a ton of competition. If you can look for scholarships focused on what makes you unique, you’re likely to purchase essay School find a dramatically smaller applicant pool, boosting your chances of winning an newspaper Sherborne award. Start applying for essay Warminster scholarships as soon as possible. It is possible to fund your education this way in write my essay for money, its entirety, though you will have to fill out a lot of purchase School applications and writing essay Spring write a lot of essays. Warminster! The sooner you get started, the personal essay Friends, better. Each scholarship has a window, which is School, typically opened annually or once a semester, in which you can file an application. While high school sophomores will be able to write an article School apply for some scholarships, opportunities really start opening up in your junior year. Grants are money you never have to pay back unless you drop out of school or in some other way violate the terms of agreement.
In undergraduate studies, they are typically need-based. In order to qualify for federal grant programs, you must fill out the purchase essay Warminster School, FAFSA and personal Friends meet eligibility requirements. There are four types of purchase School federal grants: Federal Pell Grants are distributed based on income-eligibility only. They can be granted to full-time, three-quarter-time, half-time or less-than-half-time students. For the 2017-18 school year, the maximum Pell Grant awards are: $5,920 for full-time students $4,440 for three-quarter-time students $2,960 for write an article School half-time students $1,480 for less-than-half-time students. These awards are distributed in two parts over two semesters. During the summer of 2017, Summer Pell Grants were awarded for the first time since 2011.
These grants gave you an additional 50 percent of the full award to spend on summer studies — particularly helpful to community college students whose course of study typically runs through the summer. The 2017 expansion was part of a budget deal passed by Congress in essay Warminster School, May affecting only my essay for money The Windsor School one school year. School! Whether Summer Pell Grants will be available for the 2018-19 school year or any other future years still remains up in the air. Legislation for the permanent reinstatement of Summer Pell Grants was introduced in the Senate in April, but received no vote. Federal Supplemental Educational Opportunity Grants. Federal Supplemental Educational Opportunity Grants (FSEOGs) are available to students with financial needs in excess of what the Pell Grant can address. Writing Essay Spring Friends School! These funds are distributed to schools up front, and essay Warminster School then awarded on a first-come, first-served basis. The maximum award is writing School, between $100 and $4,000, depending on your personal financial situation.
Iraq and essay Warminster School Afghanistan Service Grants. If you lost a parent while they were serving in the military in Iraq or Afghanistan post-9/11, you may be able to get a full Pell Grant regardless of your family income through the write my essay The Windsor, Iraq and Afghanistan Service Grant. In order to essay Warminster qualify, you must: Meet all Pell Grant requirements save EFC requirements. Format School! Have lost your parent before the age of 24 — or while you were enrolled in college at purchase essay School, least part time at writing Sandy Friends, the time of your parent or guardian’s death. Over the next couple of years, the maximum award for this grant will be reduced thanks to budget sequestration. If your grant is distributed prior to Warminster School Oct. 1, 2017, you will receive a maximum award of $5,511.52. If your grant is distributed between Oct. 1, 2017, and Oct.
1, 2018, you will receive a maximum award of $5,529.28. If you are planning on format of an writing, becoming a teacher, you may be interested in a Teacher Education Assistance for College and Higher Education (TEACH) Grant. In order to Warminster qualify, you must be enrolled in a TEACH-eligible program. Lens Nuova Arti! Not all schools participate, and the ones that do determine which of their programs qualify for TEACH Grants, so be sure to sit down with your financial aid counselor to determine your potential eligibility. When you accept a TEACH Grant, you are agreeing to serve four out of your first eight years in School, the workforce in a high-need specialization in to write an essay College, a low-income area.
You can also meet this obligation by teaching at a Bureau of Indian Education school. High-need specializations include: If you do not keep your promise to serve in this capacity, your grant will turn into a Direct Unsubsidized Loan, which will have to be repaid. The maximum grant amount is Warminster School, $3,724 if disbursed prior to to write an essay Hudson Oct. 1, 2017. If disbursed between Oct. 1, 2017, and Oct. 1, 2018, the maximum award is $3,736. Your state may also issue need-based grants.
Generally you will be redirected to your state’s application page at the end of your FAFSA application, but if you want to check out School your options beforehand, you can find information from of an The Village School, your state’s department of higher education here. Your college or university may also issue need-based grants. While your EFC is not likely to purchase Warminster be measured in the same way, a FAFSA application is still required in order to be considered. Some colleges, though typically not Ivy League schools, will offer merit-based grants, as well. For Money! Your grades will be a factor here. Work-study programs are another form of purchase essay aid that will not be accessible unless you complete your FAFSA. Many schools participate in federally backed work-study programs for how to to write an essay Hudson students with a financial need. School! You are assigned a set amount of hours dependent on your financial need. You may find yourself working for the school, in a community service role, or in a field relevant to your course of study.
Work-study programs pay at essay The Village, least minimum wage and pay at purchase essay School, least once per month. You can choose to receive a monthly paycheck or have your pay directly counted against any money you may owe the school. Your eligibility for work-study will be determined by your FAFSA application. 529 accounts are tax-advantaged accounts to write newspaper article help you save for future college expenses. Contributions go in after you’ve paid taxes on your income. That money is invested and grows tax-free — as long as you spend the money on purchase Warminster, qualified educational expenses. Not all 529 accounts are created equal. They are issued by state, and each state has specific rules on how their 529 accounts can be used.
However, many states will let you purchase their 529 accounts even if you are not a state resident. There are two basic kinds of 529 accounts. The College Savings Plan structure allows your money to grow in online St. John's-Ravenscourt School, traditional investments as made available by essay Warminster School, your state. You can use this money to pay for how to get motivated an essay Hudson school at almost any U.S. institution — and purchase essay Warminster even some schools abroad. When you take money out, it will be based on the real dollar value your investments have grown to. For example, if you have $20,000 in your account, you would be able to take $20,000 out. If school cost $25,000, you would still have to find $5,000 to fund the get motivated an essay College, additional tuition and Warminster School fees not covered by write an article St. John's-Ravenscourt School, your 529.
Utah’s 529 plan is a College Savings Plan, and commonly cited as one of the best in the nation. Prepaid Tuition Plans allow you to Warminster save for tomorrow’s college at today’s rates. There may be different tiers of saving for different types of write my essay for money The Windsor schools. For example, Pennsylvania’s Guaranteed Savings Plan 529 option currently allows you to buy credits at 2016-17 rates. These credits will be valid when your child goes to school in purchase Warminster, the future — even if tuition rates have skyrocketed. One thing to be careful of with Prepaid Tuition Plans is that if you save at the state school level, and your child ends up not wanting to attend a state school when they graduate from high school, you could run into some funding problems. Write An Article St. John's-Ravenscourt School! Pennsylvania allows you to change your investment tier at any time, but this is a potential point of friction you should consider at the outset of your 529 decision. You will also notice that price per credit is quite high for Ivy League schools. As discussed earlier with the example of Cornell, Ivy League schools tend to purchase essay Warminster School have extensive grants. If you’re making a median income, saving in personal essay School, this manner may reduce your child’s future institutional aid, costing you more money than you would have had to Warminster pay without the to write College, dramatic savings.
What can I use my 529 account for? You can only use the money in your 529 account for qualified educational expenses. If you use the money for anything else, you will have to purchase essay Warminster pay taxes on of an writing The Village School, the withdrawal. Qualified educational expenses include: Tuition and fees* Room and board — though you must be enrolled at Warminster, least half-time to claim this expense Books Technology required for school — including internet access Required equipment and materials as dictated by your professor. *Some Prepaid Tuition Plans cover tuition and fees only. Most programs allow you to make a withdrawal online or via postal mail. Your 529 account issuer will not keep records of how that money was spent. Producing documentation to show that the money was spent on educational expenses falls squarely on your shoulders.
Studies show that regardless of my essay how much you save, the fact that you are saving for college makes your child more likely to essay Warminster School attend college. If you have a high enough income level, your child may not qualify for need-based financial aid. Saving in a 529 plan is a generous investment in their future given that they won’t have as many funding opportunities available to them. Because you are investing, your money is how to get motivated to write College, likely to grow — and grow federally tax-free at that. Essay! This means you won’t have to writing Spring save as much in a College Savings Plan in purchase essay School, order to meet your goals. The amount you have saved could reduce institutional aid — especially if you open the how to get motivated to write Hudson College, account in your child’s name. Open the purchase essay Warminster School, account in your name and list your child as a beneficiary instead. Article Sherborne International! When saving in a Prepaid Tuition Plan, do your best to ensure you’re saving at a level your child will actually be able to essay Warminster School use.
If they don’t end up going to school in format essay writing, state, you could hit a bump in the road if you’ve been saving at state school tuition levels. Because you are investing, there’s no guarantee of growth. Purchase Essay School! You could conceivably lose money in a 529 account. How much can I borrow for college? Through a combination of federal and article International private loans, there’s really no set limit on how much you can borrow. You should figure out how much you want to borrow, though, after realistically examining your potential future earnings. Is my college degree worth the money? To figure out if your college degree is purchase Warminster School, worth the cost, you need to figure out the net price of your education and write your expected salary. A good tool to essay figure this out is write my essay The Windsor, College Reality Check. Funded by the Bill Melinda Gates Foundation, College Reality Check helps you estimate the net price of essay School your school based on write article Sherborne International, a number of different factors.
Then it shows you how much you can expect to make upon graduation. Be wary when using these income estimates, though. Purchase Warminster! They are pulled from a source that relies on self-reporting from younger professionals. An Article School! A better way to figure out essay potential future earnings is by talking with someone at the local level who is get motivated to write, already working in your field. What can I use my student loans for? Technically, you’re only allowed to spend federal student loans on educational expenses. These can include: Tuition and Warminster fees. Online St. John's-Ravenscourt School! Room and board Books, supplies and equipment Transportation while at school Dependent child care expenses. No one will be monitoring your bank account. However, if you end up having the money to essay Warminster School go on shopping sprees after you’ve paid for all of the above expenses, you’re probably borrowing too much.
Consider returning the money rather than paying interest on it after you graduate. Check your loan agreement with non-federal lenders for write a critical lens essay NABA, Nuova di Belle Arti Milano specific restrictions on private student loans. Do I have to essay Warminster live in on-campus housing? Should I make student loan payments while I’m in Sherborne, school? If at all possible, yes.
Make an effort to purchase Warminster School make at format essay writing The Village School, least interest-only payments. This will keep interest from accruing while you’re in school and deferment, which costs you more money in the long run. The only Warminster School time it doesn’t matter as much is when you have Direct Subsidized Loans — which will not accrue interest while you’re in school. Write Lens NABA, Nuova Di Belle Arti! Even then, making principal payments early isn’t a bad thing if you can swing it. If you take out a Direct Loan, you will be assigned one of nine loan servicers. Purchase Warminster School! You will make payments through your assigned loan servicer. Those who take out a critical essay NABA, Accademia di Belle Perkins Loans will repay directly through their school or a loan servicer designated by their school.
You can repay private loans through your lender. What happens if I miss a student loan payment? If you miss one payment on your federal student loans, you will have to make it up before 90 days — otherwise you get reported to essay School the credit bureaus. If you miss several payments on your Direct Loans and don’t make payments for 270 days, you will be in writing personal Sandy Friends, default, which puts you at risk of not only essay Warminster School being reported to the credit bureaus but also losing all benefits of federal student loans like income-driven repayment options. You could also end up in court.
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Create your free Business Plan now. Make an investment-worthy business plan easily with our free template. Select a Industry Fill in the Form. Complete your Business Plan. Print and Download For Free. Business Plans: Writing Guides, Downloadable Templates, and Samples. Updated February 15, 2017 by purchase, Legal Templates. 1. Free Business Plan Template Download. Are you an entrepreneur looking to download a free business plan? If so, you have come to the right place.
Legal Templates is happy to provide you with a hassle-free document downloads. Click the format essay School, buttons below to download (1) a blank document, and School (2) a document that is to write Hudson filled in for you to reference. Related Business Documents: Click to View. What’s included in the blank template: In the first download, you will find documents with all of the chapters, section titles, and section subtitles that you will need to successfully complete your plan.
Our first plan contains the 8 chapters of a basic business plan including: Chapter 1: Executive Summary: The executive summary provides investors with a general layout of your company. This chapter is essentially your hook to convince potential financiers that your model is purchase worthy of their investment. Chapter 2: Company and Financing: In this chapter, the goal is to outline the legal and of an The Village School operational structure of your company, financing requirements, the history behind the company, mission statement and purchase essay the management team. Essay School! If you are forming a corporation, be sure to include your Articles of essay School, Incorporation here. Chapter 3: Products and Services: This section describes what products and/or services your business will sell (now and in writing School the future), and how you will build, assemble and essay Warminster deliver them. It also offers a comparison of your company and your direct and indirect competitors. Chapter 4: Customers and Market Analysis: The customers and market analysis page indicates your target customer segments, what needs you are filling for them , and the latest trends among these consumers in write The Windsor School terms of growth and behavior. Chapter 5: Marketing and Sales: The marketing and sales chapter allows you to describe how you will sell your product/service. Particularly what are your company’s strategies for positioning, pricing, promotion and distribution. Chapter 6: Strategy and Implementation: This chapter will give you an opportunity to set the key milestones that help establish a timeline of progress towards your goals.
Additionally, it includes subsections like SWOT analysis, competitive edge, and strategic alliances. Chapters 7 + 8: Financial Plan, Sales Forecast, Financial Statements: In the final two chapters, entrepreneurs must define and calculate the financial variables that will go into Warminster, the creation/expansion of your idea, including its expenses, your anticipated sales forecast, personnel plan, cash flow assumptions, and more. If you are purchasing an existing company, you should also include the business purchase agreement in your plan. What’s included in the template with sample text: In the second download, we give you a completed ice cream shop plan to reference. Write! Each section gives an example of what you should write. Our guide also includes example graphs and charts, so that you are aware of the types of financial calculations, plans, and forecasts that a plan should offer to attract investment.
For guidance on purchase essay Warminster, what you should include in of an School your plan, and Warminster why, please reference our How to Write a Business Plan set of articles below. Downloading this small business plan comes at no cost, so feel free to start your download and get started. However, you should be aware that there are some pros and cons to using free business templates, rather than using professional software or an experienced writer. Writing a business plan is a prerequisite to your company’s success. How To Write A Critical Essay Di Belle! A solid plan is necessary to help found your company and essay School ensure that your goals remain on track over time.
Your plan can and will change as you encounter the unpredictable variables that come with starting your own company. If you have an existing company, crafting a solid plan is equally important if you’re hoping to attract investment and expand your company beyond the limits you’ve already reached. Your business strategy should account for the next 3-5 years in advance, and cover every aspect of personal Sandy Spring School, your industry, including the critical relation between marketing and purchase sales to writing personal Sandy Spring Friends your company’s finances. Your plan should include the following sections before you submit it to investors. Essay School! Click each accordion to read a how-to guide for get motivated to write an essay, each chapter: “How to Write a Business Plan” Table of Contents:
How to Write the Executive Summary. The executive summary contains all of the essential information about what makes your business strong and worthy of investment . Essay Warminster School! It covers the major highlights of the rest of your plan’s chapters. The goal is to my essay The Windsor School briefly tell your reader what your company will do, where you want to Warminster School take it, and how to get motivated College why your business idea will be successful. Purchase Warminster School! If you are seeking financing, the executive summary is your first opportunity to grab a potential investor’s interest. The executive summary will be the write St. John's-Ravenscourt School, first chapter of your business plan, though it’s actually the last section that you should write . First, you’ll need to do heavy research to ensure that your plan is essay Warminster sound before you can write the write my essay for money The Windsor, executive summary. This section will be different depending on if you are an essay Warminster School established business or a new startup. A startup company’s executive summary will need to be interesting and writing Spring Friends convincing to essay School capture the how to get motivated an essay Hudson, attention of investors. Your company will lack the historical data and trends that existing companies are able to provide, but there are strategies to mitigate these factors. First, you’ll need to briefly explain who you are, the background of purchase essay Warminster, your management team, and your reasoning behind starting a business in your chosen niche. Secondly, you’ll need to demonstrate that you’ve done quality research that supports how you’ve conceptualized your business.
Investors know that talk is cheap – do you have the data and analysis to back up your claims? Even in a standard plan, the executive summary for an existing business has no set template, although there are several suggested guidelines that you can find around the web. We suggest the following basic template – feel free to add or subtract sections according to your own needs: Summary Management Team Products and Services Customers Marketing and Sales Financial Forecast Financing Requirements (optional) Describe the purpose of the plan (e.g.; to raise a specific amount of debt financing to expand a store location) as well an overview of the company (name, location, company type, products sold, founder(s) and founding date). Describe the key milestones or objectives that you want to achieve with this business (these are the tangible results in which you use to prove success of the venture).
This statement should be concise and to the point. Summarize the members of the management team, including highlights of personal Spring Friends School, their expertise and purchase essay School experience . Describe how each member contributes to the success of the organization. Keep this section brief, as you will go into more detail in the Products and Services section. Products and Services. Describe the products and services you are providing and who the competitors are within the industry . Keep this section brief, as you will go into more detail in the Products and Services section. Describe whom your customer groups are and whom your key customers are , as well as how you will market to them. Keep this section brief, as you will go into more detail in the Market section. Describe briefly how you will market your product or service. Summarize the major points in a critical Nuova Arti Milano the Marketing and Sales chapter, which may include market positioning, pricing, promotion, and purchase Warminster School distribution.
Summarize the most important points from the Financial Plan section here. Sherborne! This should include your sales forecasts and projected expenses as well as the logic behind the projections. If you are a new company, describe when you expect to turn a profit . If you are an purchase essay Warminster existing company, highlight past financial performance. 7. Financing Requirements (Optional) Summarize the amount of equity and/or debt financing that you are seeking, when you need it, the how to write essay Accademia Milano, use of the funds, and purchase School when you expect to reach your next milestone event and/or start paying back the loan. Keep this at an overview level , as you will go into more detail later on in other chapters. Note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the write online School, entire writing process first . Warminster! In particular, complete the to write Hudson College, financial planning process before attacking this section. Only then will you be able to identify the amount of money you will need to raise. With these sections fleshed out, you’ve finished your executive summary. How to Write the Company and Financing Chapter.
The company and finance section of Warminster School, your plan is important, because introducing the management team is critical for both start-ups and to write Hudson established companies alike. Investors will use this information to gauge the future likelihood of success. Company and purchase essay Warminster Financing Sections. Company Overview Management Team Required Funds (optional) Exit Strategy (optional) Mission Statement (optional) Company History (optional) Location and Facilities (optional) There are many variations and approaches on how to write a critical essay NABA, di Belle Arti, how to lay out the various components of a business plan. Our approach for the company overview section is to provide the reader with the company’s legal information, address and a brief description of the company’s history.
Since there are follow up sections in this chapter that over go the company’s location and purchase essay School history in more detail, you will want to keep this short (2-3 sentences). A BRIEF PRIMER ON COMPANY TYPES. The optimal company type is best determined by International, a credible Attorney. The primer below is meant only to explain the broad differences between the most common company types. A sole proprietorship, according to the IRS: “A sole proprietor is someone who owns an essay School unincorporated business by him or herself.” While the most simple to set up and format The Village School the most common, there is purchase Warminster a significant drawback: you will be personally liable for any obligations. So for example, if you sell someone a cupcake and they sue you because they found a hair in it, and you lose in court, the creditors can legally go after your personal possessions – such as the roof over your head. A partnership, according to the IRS: “A partnership is the relationship existing between two or more persons who join to how to a critical lens NABA, Nuova Accademia di Belle Milano carry on a trade or business. Warminster! Each person contributes money, property, labor or skill, and expects to share in personal essay Sandy Spring the profits and losses of the purchase essay School, company.”
A partnership has certain advantages compared to a LLC, such as not needing to file formation documents when setting up a partnership, and not needing to file dissolution documents if dissolving the partnership. However, similar to sole proprietorships, partners in a partnership have unlimited liability for the company’s debts and liabilities. Limited Liability Partnerships (LLPs) LLPs are different from my essay The Windsor School, traditional partnerships in that there are two classes of purchase Warminster School, partners: (1) General partners that have full management and control but also full personal liability and (2) Limited partners that have no personal liability beyond their investment in the partnership interest. Limited partners are often times “silent partners” that wish to how to write NABA, Nuova Accademia Arti invest in the venture but limit their exposure to liability. A corporation is purchase essay Warminster a separate legal entity owned by shareholders. A corporation is commonplace for businesses that anticipate seeking venture capital financing. Write My Essay For Money! The downside to a corporation is the problem of “double taxation” since the corporation’s profits is purchase School taxed at the corporate level, and then any dividends distributed to how to get motivated Hudson shareholders are then taxed again at the personal level. You can elect a special tax status with the IRS to Warminster have your corporation not be taxed at the corporate level (instead, it would be taxed as a pass-through entity).
Some of the drawbacks include not being able to have more than 100 shareholders , and not being able to have non-US citizens/residents. A popular choice among many small businesses , a LLC limits the member’s personal liability and only taxes profits at the individual level (acts as a pass-through entity). Describe the type of company you plan to open, along with the write essay Nuova Accademia, registered name you plan to use. Explain your rationale – for example, if you are starting a company where you plan on seeking venture capital financing, then you will want to start a C-Corporation as majority of VCs will insist on essay Warminster, this legal structure. If you have a home office/no dedicated business address. Include your current office setup and your future office plans once your company expands, if applicable. For start-ups, and article Sherborne International especially those seeking financing, the Management Team section is especially critical. With the lack of history, there is little investors can go by to gauge the purchase essay, future success of a venture. The question lenders and investors will ask: Why should we trust your team with our money? You must demonstrate your team’s ability to execute on write an article online St. John's-Ravenscourt School, the stated goals.
To accomplish this, you should highlight: Background of purchase, each member of the management team (education, relevant work experience, etc.) Roles and online St. John's-Ravenscourt School responsibilities within the company. Tip: Don’t include details about members of the purchase School, Management Team that are not relevant to writing Friends the reader. Everything presented should reinforce why your team is the essay Warminster, right team to of an writing The Village School execute on the company’s vision. If you have an established business the information you want to present is the same. Keep in mind, however, that you also want to purchase essay Warminster School demonstrate that your team has the capability to how to to write an essay manage growth of the company. As a company grows from start-up to established business, the management team must also change. They must be able to manage employees, institute standardized systems, and ensure the business’s ability to purchase School scale operations while keeping profitability stable. If you already have a Board of Directors and/or Advisory Board, list these individuals and a brief description.
In a publically trading company the write for money School, Board of Directors is elected by the shareholders and is the highest authority in the management of the company. For our purposes (context of a private company that is most likely a startup or small but growing business), a Board of Directors is comprised of investor(s), founder(s), CEO and independent board member(s) who have substantial business and industry experience. A Board of Director’s typical responsibility is to set broad policies for the company, determine compensation for company management, and approve annual budgets. An advisory board is a group of purchase essay Warminster School, business leaders that can help guide your company and provides it with assistance when needed. Choose individuals with knowledge in your industry and newspaper article International are willing to play a role in your company . While some advisors are compensated, it comes down to a case-by-case basis, frequently depending on purchase essay Warminster School, how much time the member is committed to your company. Tips on building your Advisory Board: Choose a well-respected and well-known individual as the first member of your Advisory Board. My Essay For Money! This will help you to recruit other members of the Board.
Choose individuals that have strengths and relationships your business will need. As your business evolves, so will the members of essay, your Advisory Board. Feel free to shake up the line up over time. In this section you will tell the reader how much money you need to raise, what you are going to use it for, and of an essay School how you got to the requested amount. Important note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the entire writing process and in particular, complete the financial planning process. Only then will you be able to identify the amount of essay School, money you will need to raise. There are two primary financing options: equity and how to get motivated to write College debt. The primary difference between equity and debt financing is that debt financing is essentially a loan that is backed by your assets or via a personal guarantee. If your company is already in existence and purchase Warminster School has trading history, then you may also secure a loan off of an article, your receivables. In contrast, equity financing is essentially you exchanging a stake in your company for purchase, a specific sum of money from an investor . Therefore, the amount you are able to writing Sandy Spring School raise from investors comes down to how much they value your company.
There are three fundamental questions every savvy investor will ask you: Cool idea, how do you make money with it? How much money do you need, and why and when? What do you think your company is purchase essay School worth? If you are seeking financing (regardless of its equity or debt), that most likely means that your financial model shows your company taking a loss in the initial stages, followed by break-even and subsequent profitability. Personal Spring! The money you are seeking to purchase School raise will simply allow you to have enough cash to cover the initial period where you will be taking a loss so that you can eventually make a profit. This is a simplification; you may be raising money to further grow your company, which may already be profitable. Or you might use the financing to write get your product to the next stage in its product development lifecycle (i.e.; milestone event).
But the essay, general concept is the same; the investment you are seeking bolsters your company’s cash position , allowing it to grow revenue and/or profitability. Cool idea, how do you make money with it? / How much money do you need, and why and when? The financial statements provide the for money School, answer to the first two questions (which is why we recommend you complete your plan first). To answer how much money you need, analyze the cash flow statement to determine the purchase essay Warminster, cumulative cash flow. The lowest point on this curve will tell you what your maximum financing needs are , and at writing essay Sandy Spring Friends, what point in time. What do you think your company is essay Warminster worth? The third question is much harder to answer, especially for a new company. At the a critical NABA, Accademia di Belle Arti, end of the day it really comes down to what an investor thinks your company is purchase School worth (which is more art than science).
However, there are three popular methods of valuing a company that can help you come up with a valuation to facilitate the negotiation. Cost approach (asset based approach) The cost approach seeks to determine a company’s value by analyzing the to write an essay, market value of its assets. In other words, in this approach the company is purchase essay School worth the sum of all its assets if they were to be liquidated . This approach may be appropriate for some industries such as real estate where the writing School, asset value may actually be worth more than the essay Warminster, going concern value (present value of future cash flows generated by the asset). However, for newspaper Sherborne, many companies the value of Warminster, its branding and reputation, along with its ability to generate profits, will exceed the write lens NABA, Nuova Accademia di Belle Arti Milano, value of purchase essay Warminster, its assets. The market approach seeks to determine a company’s value by analyzing recent sales of similar assets, with the theory that valuations of write newspaper article International, similar companies can serve as a good proxy. Purchase Essay Warminster School! This is a common approach in the real estate industry. The income approach seeks to determine a company’s value by write, using its expected profit over time and then placing a value on that future stream of income in today’s terms . Since there is inherent uncertainty with a future stream of income, there are numerous ways to discount that expected income to account for School, risk. Now you have all the pieces to complete the my essay, equation. Purchase Essay! You have the amount of write an article online School, money you need by looking at cumulative cash flow. You also have an idea of how much money your company will be worth.
Equation to determine how much equity you should offer: Equity to offer = Company Valuation / Money needed. If raising debt, you are not exchanging equity for purchase School, cash. Instead, you should focus on the loan’s interest rate and payment schedule. Make sure you will be turning a profit that is how to a critical lens NABA, Arti both large enough and soon enough to ensure there is no delinquency on purchase Warminster School, servicing the loan. For equity financing, answer the following: Investment amount needed When you need it How much time it will buy you / When you expect to turn a profit or get to the next milestone event % of equity offered and at what company valuation (you may wish to writing personal essay Sandy Spring Friends School keep exact figures vague in order to further negotiate) Exit strategy. For debt financing, answer the following: Loan amount needed When you need it When you will be able to pay back the loan The amount and frequency of loan payments. In addition to the information above, you should also summarize how you plan to use the funds. The level of detail should be at a high level ; if the investor or lender wants to see expenses in more detail that will be available in purchase School the Appendix within the writing personal essay Sandy Friends, Profit/Loss statement.
Construction of purchase School, new kitchen: Kitchen remodeling, March 1, 2014, $25,000 Kitchen hardware, April 1, 2014, $50,000 Total Loan Amount: $75,000. If based on your financial model you anticipate relatively small yet variable expenses month to month, a line of credit may be a good choice. With a line of credit you draw upon it when you require the funds and pay interest immediately on the money as it is borrowed. It works very similarly to a credit card in that you typically have a pre-set limit to how much you can borrow, the major exception that since you may be able to secure the line of credit with assets, you may be able to get better terms. In the Quick Start Guide we briefly went over newspaper article Sherborne International the different strategies available and how thinking about your company’s eventual exit will help shape your business model. It’s recommended you review the Quick Start guide and practice that exercise. Depending on your company, there are various exit strategies available, including:
Selling your business Passing it down through the family Taking the company public (IPO) Liquidation. If you are seeking equity financing, then your investors will pay close attention to essay Warminster this section. Angel investors and VCs demand a large return on their investment since they are taking a large risk by investing into your company. Therefore, you need to include detailed information on how you intend to sell the company or take it public. Demonstrating a large market opportunity. If investors are going to take a big risk, they demand a big return. You need to demonstrate your business has the potential to either take substantial market share from an incumbent competitor, or create a new market. Investors like to be in hot, growing industries such as biotechnology, mobile e-commerce and healthcare. Write Newspaper! These are all industries that have huge upside growth potential and ones that investors are more inclined to invest in. Solving a larger company’s problem. If your exit strategy is to purchase Warminster School sell your company to a larger company, then identify how your company’s product solves that larger company’s stated problems and/or goals.
For example, Apple’s mapping software is how to to write an essay Hudson College playing catch-up to Google Maps. If your company can help Apple improve its software, your company would become an attractive acquisition target. The mission statement reflects the core purpose and purchase essay Warminster School vision of the get motivated to write an essay, company. It’s a statement your employees and customers can get behind. Some tips on purchase essay Warminster School, writing a well-crafted mission statement: Keep it short. 1-2 sentences max.
Don’t use “fluff” words. An Article St. John's-Ravenscourt School! Make the statement mean something. A mission statement, if done well, should encapsulate both what the company does (what it sells) as well as the culture/vision/purpose. Examples of Fortune 500 firms that really get it right: A. BRISTOL-MYERS SQUIBB COMPANY (PHARMACEUTICALS) Mission Statement: “To discover, develop and deliver innovative medicines that help patients prevail over serious diseases.”
Why it’s great: The keywords “discover, develop and deliver” demonstrate the company’s capability to essay Warminster in delivering an end-to-end solution. By using the words “innovate” and write article Sherborne “prevail over serious diseases” it serves as a rallying call for their thousands of employees that what they are doing is purchase Warminster (1) cutting edge and (2) has a higher purpose then themselves. Mission statement: “ We will be the easiest pharmacy retailer for customers to use.” Why it’s great: In one short sentence, the company has managed to (1) describe what it sells (2) how it will win in essay Sandy Friends the marketplace. Warminster! It is a pharmacy retailer and it will solely focus on making itself easier for the customer to use (that could mean so many things, such as innovating online to fulfill prescriptions to improved customer service within their stores). Example of how to write a critical NABA, Nuova di Belle Milano, poorly written mission statements. A. FORTUNE 500 FOOD AND BEVERAGE COMPANY. Mission statement: “ The Company’s primary objective is to maximize long-term stockholder value, while adhering to essay Warminster School the laws of the jurisdictions in which it operates and at all times observing the highest ethical standards.” Why it’s horrible: It does not serve as a rallying call for employees, suppliers, or partners.
Its objectives are obvious (what company does not want to maximize value) and format essay School borderline absurd (are there companies that do not want to purchase School adhere to local and federal laws)? Lastly, it does not mention what the company actually does. B. How To Get Motivated An Essay! FORTUNE 500 VEHICLE PARTS SUPPLIER. Mission Statement: “ We are committed to attracting, developing, and keeping a diverse work force that reflects the nature of our global business.” Why its horrible: While a diverse workforce is certainly not a bad thing, only stating that as the purchase essay School, company’s mission statement is ineffective, lacks direction or focus, and how to a critical NABA, Milano completely misses the point of having a mission statement. This is predominately for School, businesses that have previous trading history, but can also be used by new companies that want to highlight relevant history on how the company came to existence, work completed to date, milestones achieved, etc. Some information you may want to include: Start date First location First product/service Significant milestones/events. Reminder: keep in mind that there is no set rule as to the level of detail you want to include. This is dictated by the relevancy of the information to the reader and how this information helps strengthen your plan’s ability to my essay build credibility for your company. Every company is purchase made of newspaper article Sherborne International, milestones.
Milestones for a business are achievements that demonstrate the business is on the right track. They are best when quantifiable and essay measureable. To Write Hudson! For example, achieving a working prototype of your product, or getting to break-even, are both huge milestones that showcase your ability to essay School execute and reduces subsequent risk of your company. Key concept: The more uncertainty that you can take off from the an article St. John's-Ravenscourt, table, the better valuation you can get for your business. For businesses that have a retail or manufacturing component, this is an important section of your plan. Information you may want to include: Size (e.g.; in sq. ft.) Location/Address Other notable facts, such as equipment at the facility.
Location is essay Warminster important for a large number of retail businesses, whether you are a restaurant or purveyor of consumer products. If possible, provide statistics about the retail location you have chosen or are planning to write article choose. Describe the lease terms you are able to secure, and if there are any laws that protect the lessee from unreasonable price increases. You can read a detailed article about what to look for in a lease agreement here. Provide detailed information on the manufacturing facilities. Purchase! For example, your operation may require a reliable source of electricity and water. Describe how the facility provides the business with these resources.
If the facility is pre-existing equipment or structures that can be leveraged, make mention of that. Location can be an important aspect of your business even if you are not in retail or manufacturing. For example, you might want to open your software company in Silicon Valley as that provides a competitive advantage from an employee recruitment and fundraising perspective. If you operate out of a home office. Describe your future expansion plans, including expected date of expansion. Upon completing these sections, you will then be finished with the company and financing section of write an article online, your business plan. Writing the Products and Services Chapter. The products and services chapter of your business plan should be written clearly and essay School descriptively, to help give investors a comprehensive understanding of the bread and write St. John's-Ravenscourt School butter of your business.
Your products and services section should include the following sections. Products and Services Chapter Sections. Products and Services Competitors Sourcing and Fulfillment (optional) Technology (optional) Intellectual Property (optional) Future Products and Services (optional) Your products and services are the lifeblood of your business – it’s what your customers need, and if you get this right, everything else will follow . Commonly referred to as “product lift”, which essentially means getting the School, secret sauce working. It means that customers want to buy your product/service, and you are filling a need that was previously not satisfied. Thinking in terms of benefits vs. features. What is the consumer really buying? For example, a person buying a Rolex watch is not only buying a device to tell time, but the prestige and status that comes with a luxury product.
Think about what end benefit your product/service delivers. Of course, the to write an essay College, functional aspects of your product/service are also important. Depending on what you are going to sell, think through the features it will provide, packaging, design, branding, quality, and other aspects that help position and/or differentiate it from competing products/services. You may have heard the business adage that acquiring a new customer is indefinitely more expensive then keeping an existing customer. Purchase Essay Warminster! One of the reasons this is true is the potential to essay Sandy Friends School sell additional add-ons, upgrades and purchase essay Warminster substitute products/services to existing customers . Think about how you can drive incremental revenue. Whether it’s via subscriptions, repeat business, or annual contracts, you may be providing products/services that generate a recurring revenue stream. This is a good thing, because (1) your revenue can be more predictable and stable (2) you are maximizing earning potential . Write Lens Arti Milano! Think how you can generate recurring revenue, which is essay Warminster expressed with a metric called Lifetime Value per customer. You will complete the price you want to The Village set your products/services in the Financial Plan chapter, and we also have a section for you to describe your pricing strategy; however it is advisable to essay Warminster start thinking about how you want to how to get motivated to write Hudson price your products/services. Competitive analysis is an extremely useful tool and one that should be revisited often as the competitive landscape changes over time. It starts with competitive analysis.
Background (location, history, ownership) Financials (revenue, profitability) Products (product line, services, patents, licenses) Marketing (channels used and budget, pricing, alliances/affiliates) Personnel (headcount, notable executives, compensation, job openings) Market share Strengths, Weaknesses. Tips on how to perform competitive analysis. The Internet makes this much easier then in days past. Some ideas: Google search using keywords that your customers would use to find you Look up industry association websites Look up directories such as Yahoo or Crunchbase Use Indeed.com to find your competitor’s job openings Competitor’s websites Find your competitor’s management team members on purchase essay, LinkedIn. Not only format writing, do you have to worry about current competitors you can see, but you have to be vigilant and be on the lookout for new entrants. Purchase! For example, a company that already sells to your customer base may see your industry as a logical next step. You should consider the likelihood of new entrants high if: The industry sees high margins (its super profitable) There is get motivated to write an essay Hudson unmet demand (more customers then suppliers) There are no major barriers to Warminster entry (does not take much to start competing) There is future growth potential (such as mobile apps)
Much of this is common sense – if you see a market opportunity that no one is Hudson College competing in yet, don’t expect that you will be alone for long. Sourcing is simply the process of procuring goods and services from suppliers that are required for your company to make its products or deliver its service. Warminster School! Some things to for money School consider when choosing and managing your suppliers: Cost: This is an obvious one – the lower the essay, price, the higher your profit margins will be. Payment terms: The longer you have to pay your suppliers, the more working capital you have on hand. Reliability: You must consider how reliable your suppliers are and what would happen to get motivated to write Hudson College your ability to School operate if they cannot deliver. Scalability: As your business expands, will your suppliers be able to write lens essay NABA, Milano meet your needs?
Fulfillment is simply the process of how your company delivers its products/services, from point of sale to delivery. There are several popular fulfillment options: Engineer to order: the product is purchase essay School designed and built to customer specifications (e.g.; large construction projects) Build to order: the writing School, product’s design is standardized but manufacture of final product is based off of customer specifications (e.g.; aircraft and yachts) Assemble to School order: the product is assembled to the customer’s specifications using pre-fabricated components (e.g.; Chipotles burritos, Dell computers) Make to stock: the product is manufactured in quantity based on expected sales of the product (e.g.; retailers) If you are going to of an essay be selling physical products and expect to Warminster hold inventory, then you should pay very close attention to how you forecast the write article International, amount of inventory you need to meet your projected sales. Too little inventory and you may not be able to meet demand. Too much inventory and you tie up all of purchase essay Warminster, your cash on essay Spring, excess inventory. Some key points: Have accurate sales forecasts.
Use historical sales data if you have it, and make sure you account for Warminster School, seasonality. Have accurate inventory tracking. Use bar code scanning or equivalent to format of an essay School ensure there are no data entry errors. Purchase Essay! Utilize inventory management software. QuickBooks, Sage, and writing personal Friends a plethora of other vendors provide a cloud-based solution for you to manage and maximize your inventory levels. Technology in today’s business environment is becoming more and more important and serves as a source of competitive advantage.
Take Wal-Mart or FedEx as two examples of companies that provide services (low-cost products and shipping), but utilize technology as a critical means of delivering those services. Wal-Mart uses a sophisticated supply chain management IT system to ensure its low prices. Purchase! FedEx uses technology to write an article St. John's-Ravenscourt optimize delivery routes and times, which enables it to ship to purchase essay Warminster practically every corner of the globe, seamlessly and with very low error rates. Think about how technology plays a part in your business and if it is critical to your business operations. If technology is critical to how to get motivated to write an essay your business operations, then you must think about your disaster preparedness and contingency planning . School! Depending on your business, you may want to create back-up copies of Sherborne International, data and essay School software, routine security checks, and securing physical assets. Write An Article Online! What would happen if you lost access to the technology? Think about alternatives that you could utilize.
For example, if you license a piece of software and later down the purchase Warminster School, road decide that the cost is too high, is there a competitor who can license you an personal Friends alternative? If you have exclusive rights to a technology, either through a patent or through an exclusive license agreement, this is a great competitive advantage and one that you will want to describe in detail. There are two types of intellectual property that may be applicable to a business: industrial property (such as patents and trademarks), and copyright (such as novels and movies). If you have intellectual property that you want to purchase essay Warminster protect, it is advisable that you seek the professional advice of a good Patent/IP Attorney , since this is of an essay writing The Village School a great way to provide a barrier to entry for your business. Intellectual property type 1: Industry property. These include inventions (patents), trademarks and industrial designs (trade secrets, trade dress).
If you have any proprietary process or technology then it is recommended that you apply for purchase essay Warminster, a patent to writing personal Spring protect your invention. Essay School! You should apply for a trademark for your company name and logo as well. Intellectual property type 2: copyright. These include literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs. In 2011, counterfeit copyrighted and trademarked goods were a $600 billion dollar industry worldwide. Enforcing your intellectual property may be feasible from a legal point of view, but many times is not practical in practice. For example, Microsoft cannot possibly prosecute every single instance where its popular operating systems are copied and downloaded. IP and your employees and contractors.
It is just as important to secure your intellectual property in article relation to your employees and School contractors. Everyone should be required to sign an invention assignment agreement, which basically states that the company owns all works produced while contracted by the company. To Write College! In addition, you may consider handing out serialized notebooks for employees to use , so that if there is purchase essay Warminster School ever a conflict as to whom owns a piece of intellectual property, there is a physical record. If you have future products and services planned, it is a good idea to how to NABA, Accademia describe the product roadmap and strategy behind it . A key concept is that of product lifecycle, which describes the stages of the life of a product. During this phase, your product will incur heavy promotional costs as you get the word out.
You may discount the price of the purchase Warminster School, product to encourage new customers. During this phase, you may focus on expanding your product to new segments in the marketplace, and online St. John's-Ravenscourt expand the Warminster School, product line (for example, with new colors or other variations). During this phase, you are enjoying the fruits of your labor. You may add new features to your product to stay competitive and to further differentiate your product from competitors. Marketing spend for your product starts to dissipate as sales of of an writing The Village School, your product are in steady decline. After including all of this information, you’ll have completed the purchase Warminster School, products and how to lens essay Accademia di Belle services chapter.
Writing the purchase, Customers and Market Analysis Chapter. The customers and market analysis chapter will give you an opportunity to describe what your customer segments are, what needs you are filling for them, and how these groups of customers are trending in terms of growth and behavior. For Money The Windsor School! This chapter also includes any regulatory restrictions specific to your industry. Customers and School Market Analysis Sections. Market Overview Market Needs Market Trends (optional) Market Growth (optional) Industry Analysis (optional) Key Customers (optional) In the market overview section you are going to calculate the write a critical lens essay NABA, Nuova Arti, total market (referred to as Total Addressable Market) for your products, and then the segment of that market your business can capture. Total addressable market can be thought of in several distinct levels.
At the highest level is an estimate of the total market given 100% saturation. Purchase! Another way of looking at writing essay Sandy Spring School, this is what would be the purchase essay Warminster School, total market if one company had 100% market share. Once you have the total addressable market, then you can estimate what percentage of this you can realistically capture. This, of course, is much harder to predict with accuracy. Personal Sandy Spring! So the important thing to remember is to utilize strong sources for your assumptions. For example, lets say you plan to open a high-end steakhouse in purchase essay Warminster School downtown Miami. Personal Essay Sandy School! To calculate your total addressable market, you might count how many high-end restaurants are in the downtown area and research the average annual sales for each restaurant. Then multiply the two to essay Warminster get the total sales for all high-end restaurants.
This would be your total addressable market. Using the example above, we can then drill down to the next level and personal Friends determine what percentage of the market you can realistically capture. You might assume that you will take an equal share of the market, thereby decreasing all other competitor’s shares in the market. Or you might offer cheaper prices, which you assume would take a larger percent of the market. Whatever your assumption, make sure it is well documented and logical. To obtain jaw-dropping product-lift you must solve a difficult and painful problem for the customer. And if there are competitors, you must solve the problem better than them, and enough so that customers are willing to switch to your company. Describe what problem your product is essay Warminster solving. If you are targeting multiple customer segments, make sure you go into detail on how your product serves each customer segment. Describe how your solution better solves customer’s pain points then your competitors. We as consumers are inherently lazy.
We do not want to go through the time and how to get motivated Hudson College cost of switching from one company’s product/services unless it is compelling enough, which is dependent on the switching cost. Essay Warminster School! For example, there is write a critical Milano virtually no cost to switch from Coke to Pepsi. On the other hand, there is high switching cost associated with migrating from a Mac to a PC. To overcome this problem, describe how your product either is able to overcome customer’s inherent adversity towards switching products, or if your product is able to reach new customers and purchase essay School bypass switching costs altogether (in other words, instead of Sandy, taking customers away from your competitors, you are creating a new market for your products). Understanding market trends at the macro level is critical for various aspects of your business. A growing or shrinking market is essay described in more detail in write article International the market growth section. Below are some of the other factors that will affect market trends: The overall economy has a disproportionate effect on purchase essay Warminster School, some businesses. For example, dog-walking services usually see a decline in sales as households reduce spending on non-essential purchases. Government regulations and policies can completely alter an write St. John's-Ravenscourt industry, so it is imperative that you are up to purchase School date on upcoming changes.
For example, the Jobs Act of 2012 allowed for the first time non-accredited investors to participate in private placement of securities. Write Lens Essay NABA, Nuova! This in purchase School turn has created a new market for format essay writing, crowd-funding websites to emerge to connect startups with all types of purchase essay School, investors. You may be in an industry where political conditions have an impact on the bottom line. St. John's-Ravenscourt School! For example, if you count the Dept. of essay School, Defense as one of your clients, then the across-the-board budget cuts (i.e.; Sequestration in the Budget Control Act of 2011) would surely have a negative effect on your business. If you build your business on top of a technology platform that will soon be replaced with a more cost affordable, powerful, and of an essay The Village School easier to use technology, then that will surely put you in a less advantageous position. Knowing technology trends is valuable in purchase essay ensuring you are gaining a competitive advantage through the use of technology. Your customers may change their sensitivity to price depending on personal Sandy Spring, a variety of factors, including competition, macroeconomic conditions, and changing consumer tastes.
Keeping an purchase Warminster eye on this trend will ensure you optimize your pricing strategy. Market growth, mathematically, is simply measuring the change in market size from one time period to the next (usually in years). So if the market in the first year was $100 million and $150 million the second year, then the market can be said to write newspaper article Sherborne have grown by 50%. You will find that measuring market growth using historical market size data is purchase much easier then forecasting market growth. Utilize publically available data sources, trade publications, market research firms, and government agencies to find much of this research. Being able to demonstrate a market is growing is write my essay The Windsor obviously important – for example, the market for Blackberry accessories is clearly a declining market. Most investors and lenders will not want to see a new business chase after dwindling customers. On the purchase Warminster, other hand, the market for Apple and Samsung phone accessories have seen great growth and will continue to newspaper International grow as those companies continue to add new customers. Your industry is defined as the group of companies that are related to essay School you in essay Sandy Friends School terms of what you sell/how you derive your revenue. Purchase Warminster! For example, Ford and Nissan are both in the automotive industry. Ford and Nissan’s market (i.e.; customers) would be the how to write NABA, Accademia Arti Milano, end consumers who buy their cars.
You will want to describe your industry name/classification (SIC/NAICS Code), which can be found on essay, the Dept. of Labor website. Understanding your industry’s dynamics is how to get motivated an essay Hudson College imperative to knowing it’s profit potential and purchase Warminster School attractiveness. A popular framework for conducting industry analysis is Porter’s five forces analysis, which analyzes an industry’s competitiveness (and therefore attractiveness). By performing this analysis you will have a clear picture of format of an writing The Village, your competitors and how your company fits within the competitive landscape. If your industry has low barriers to entry and low switching costs, then expect increased competition, as there is little standing in the way for new entrants to enter the market and compete. If your industry is supplied by very few suppliers with little alternative but to Warminster School source from write an article School, those suppliers, then expect downward pressure on your margins. If your industry only has a small number of Warminster, buyers, or there are many alternative products to choose from, then expect downward pressure on your margins.
If there are many substitute products in your industry and write NABA, Accademia di Belle the switching costs between them are low, then expect substantial competition. An industry is Warminster School very competitive if there are many competitors about the same size, there is The Windsor School little differentiation between competitor’s products, and purchase Warminster it is mature with little growth (so the write International, only way to grow is to take a competitor’s market share). Although your product may cater to essay Warminster School many different sets of write my essay for money The Windsor, customers, you want to focus on a select group that will be the most likely to purchase your product/service and account for the lion’s share of your company’s revenue. For many businesses, you will soon realize that a large portion of your revenue comes from a small percentage of your customers. For example, Starbucks may realize their key customers are white-collar business types that purchase a cup of coffee every day, versus the student type that comes in once a month. When you can name your key customers. If you are in a business where volumes are low and prices are high, then you should be able to name your key customers individually. In this case, you should describe in detail your relationship with each of Warminster School, them separately.
If you’ve filled out this chapter, congratulations. How To To Write Hudson! Doing market research and purchase customer analysis is a complicated and time consuming task. A Critical Lens NABA,! Time to move on to the next chapter! Writing the Marketing and Sales Chapter. The marketing and sales chapter gives you an purchase Warminster School opportunity to describe how you will manage your sales force and what sales activities they will conduct in order to close sales. Overview Positioning Pricing Promotion Distribution. In this section, summarize your marketing plan, being sure to my essay The Windsor include: Positioning: Are you going to purchase essay Warminster be the lowest cost provider or provide a differentiated product? Pricing: How will you price your products/services? Promotion: How will your market your products/services?
Distribution: Where will your product/services be available? Tip: It will be easier to write this section after you complete the subsequent sections as the overview section summarizes key findings from the other section. Keep this section at the summary-level, as you will go into further detail in format essay writing The Village the subsequent sections. Describe how you position your company within the competitive landscape. Will you compete on price, or will you differentiate your offering and stand out from Warminster, your peers?
For example, Wal-Mart positions itself as the low-cost provider in an industry, while Apple designs premium products to write an article online St. John's-Ravenscourt reach the luxury end of the market. Provide your product/service at the cheapest price point in the marketplace. Purchase Essay! There are three primary ways to achieve this: Economies of write, Scale: For example, being able to purchase Warminster School turn more tables in a restaurant or produce more widgets in write newspaper article International a factory. The more you are able to produce from your asset, the cheaper it becomes. It will also be harder for your competitors to purchase essay Warminster School enter the market since you have fixed assets and experience that requires a large investment. Low operating costs: Keeping costs down across all aspects of the business, including: Standardization: Limited customization Outsourcing: Outsourcing labor to writing personal essay Spring low cost production centers Thrift: Limiting advertising and RD spend Optimized supply-chain: By lowering inventory and negotiating with suppliers, companies can substantially improve their profitability and cash flow. Making your product/service unique by purchase, targeting a specific segment of the market is a compelling strategy, especially if:
Your customers are not price sensitive The market is competitive Your are targeting a specific niche You can provide a product/service that is not easily copied. You can also achieve differentiation through branding and marketing – for example, Starbucks sells premium coffee at a premium price point, primarily through the strength of their branding and not through the taste of a critical di Belle Milano, their coffee. Determining the optimal price for purchase, your products/services will require you to think through several factors: If you are going shooting for how to write lens Nuova Arti, the low cost provider strategy, then you will want to price yourself accordingly. Likewise, if you are going for the luxury end of the market, then a higher price is purchase Warminster School often times a proxy for quality. How price sensitive are your customers? If your customers are making their purchase decision primarily based on price, then you will want to be sensitive to this. The price you set must be high enough to over your costs so you can turn a profit.
There are, of course, exceptions. For example, you might want to achieve economies of scale by maximizing units sold, or you might be maximizing revenue to achieve dominant market share. There may be regulatory/legal constraints on how much you can charge. How To A Critical Lens Essay Nuova Arti! For example, payday loan vendors are restricted in how much they can charge their customers. Looking at what your competitors charge can give you a understanding of what current customers are accustomed to paying and will likely be willing to pay for your products/services. There are price points that consumers are psychologically more accustomed to, such as amounts ending in .99 or .95. In this section, you move from describing your marketing plan onto how you will convey your marketing message to your intended audience. What marketing channels will you utilize to reach your target customers? Depending on your business, traditional media may be an important component of purchase, your complete marketing toolbox.
These would include television, radio, billboards, flyers, etc. In today’s environment few companies can afford not to write an article have a strong online presence. There are a myriad of options available. Each marketing channel must be carefully measured for effectiveness, as online marketing can quickly add up and Warminster School consume a small business’s entire marketing budget. A website is a key component of your digital marketing efforts as it will be the destination in write lens essay NABA, di Belle Arti Milano which your online leads will first visit. Some online marketing options include:
Search engines (i.e.; Google, Bing) Directories (Yelp, Angies List) Daily deals (Groupon) Email marketing Social media (Facebook, Twitter) Word of purchase essay School, mouth marketing is by far the most profitable and powerful marketing channel available to NABA, any business. New customers that are referred to your business are more likely to purchase and more likely to purchase School continue referring your company. There are ways to boost word of write an article School, mouth marketing, especially with the advent of social media. For example, asking a satisfied customer to essay Warminster School like your business on Yelp and Facebook will potentially reach hundreds of their contacts, all with one click. Integrating social media into your word of mouth marketing strategy is invaluable for every business. Blogging/Becoming a subject matter expert.
Having a leading voice in your industry will help your business gain credibility from how to an essay Hudson College, customers, suppliers, partners and competitors. You can start by participating on public forums and blogs related to purchase essay Warminster School your business and adapting the adage “give more to of an writing get more”. How will your products be available? On one end of the spectrum is direct marketing, whereby you sell directly to your customers. Or if you manufacture your products, you might sell through distributors, who in turn sell to retailers, who in turn sell to consumers. School! Three common models: Product is stocked in mass-market distribution channels. Examples include soft drinks, magazines, etc. Product is specialized and how to essay Nuova Arti sold through specialized channels. Purchase Essay! Examples include nautical computers and tooling/machinery.
Product is only sold through an exclusive channel. Examples include luxury products such as high-end motorcycles or designer handbags. The Internet presents an unparalleled opportunity to reach customers directly, as well as working with online channel partners to write a critical essay Nuova di Belle Arti Milano reach and sell to customers. Writing the Strategy and purchase essay Implementation Chapter. The strategy and implementation chapter will give you an opportunity to define the key milestones that mark meaningful progress towards your goals. It also includes sections that further elaborate on your competitors. Strategy and Implementation Sections. Milestones SWOT Analysis (optional) Competitive Edge (optional) Strategic Alliances (optional) Milestones are the key events that demonstrate progress is being made , such as completing the company’s first prototype or breaking even. These provide a tangible way to measure the success of the business venture. Milestones are so incredibly important to a business yet are one of those things that can be easily overlooked.
Why are milestones so important? Because they are a way to measure meaningful progress of get motivated to write Hudson, a company that in effect, makes that company less risky (and therefore more valuable). A new company has an extremely high-risk profile – but as it meets tangible milestones, such as completing a prototype or breaking even, the company’s risk decreases. It becomes more apparent that the venture will succeed. Investors and lenders will be looking at what milestones your company has reached in order to create a fair valuation. Milestones might include: Assembling company team First working prototype Filing/receiving patent or other IP Securing physical location for purchase School, store First paying customer Breaking even Turning a profit* *If you can demonstrate not only write lens essay Nuova di Belle Arti Milano, turning a profit, but also sustaining that profit, then that is a huge milestone.
SWOT Analysis is a useful technique for purchase School, understanding your company’s strengths and weaknesses , while identifying both the write newspaper article Sherborne, opportunities open to essay your business and Sandy Spring School the threats it faces. Strengths and purchase School Weaknesses refer to internal factors in how to an essay Hudson your company, such as: Employees and staff Physical assets such as equipment and facilities Financial assets. Opportunities and Threats refer to external factors facing your company, such as: Market trends Regulatory and purchase essay Warminster legal Macroeconomic conditions Competitors.
Competitive edge can be bucketed into personal Sandy Spring, four primary areas: cost, differentiation, innovation and operational effectiveness. Are you providing a product/service at a lower cost then your competitors? This is a straightforward competitive edge that is very difficult to deliver. Providing the purchase essay Warminster, lowest cost may require operating on razor thin profit margins or heavy investment in fixed costs in order to achieve economies of how to get motivated to write an essay College, scale. Are you providing a product/service that your competitors are not offering or cannot offer?
This is essay Warminster School a common strategy whereby you provide differentiated value in order to better serve customers and/or reach a portion of the market that may be under-served. Are you leapfrogging your competition and providing a notably superior or new product/service? Popularized by the book “Blue Ocean Strategy”, creating new demand in an uncontested market space is a powerful business strategy. Do you provide superior time to how to a critical lens essay NABA, Nuova di Belle Milano market or customer service? For example, your customers may be willing to pay a higher price for better customer service . Nordstrom’s is an example of a company that uses superior customer service as a competitive advantage. Forging strategic alliances is purchase essay School a commonplace occurrence in business. Personal Spring School! There are a wide variety of alliances you might encounter, with various parties in which you do business. Even if you do not have any alliances, there may be an opportunity for purchase essay, a partnership in the future and lens Nuova Accademia di Belle Arti Milano that should be included in this section.
You might have a supplier who has a disproportionate amount of purchase Warminster, influence and write a critical essay NABA, Nuova di Belle power of your business. Striking a partnership in this case may decrease those risk factors and provide a competitive advantage over your competitors. You might have a large portion of your revenue coming from several key customers. Inking an exclusive agreement to lock in revenue would, for instance, give you predictable cash flow. It is not uncommon to partner with competitors under certain circumstances – for example, to purchase essay set standards for how to get motivated to write, the industry or to help further adoption of a technology. For example, Sony and Panasonic partnered together to increase the adoption of Blu-ray DVDs. Aligning your brand with another company is frequently used, especially if both brands are targeting the same demographic. For example, Samsung is the official sponsor of the Olympic games and will provide free mobile phones to all Olympic athletes.
Upon completing these sections, your strategy and implementation chapter will be finished. Writing the Financial Plan, Statements, and Sales Forecast Chapters. Writing the financial plan, financial statements, and sales forecast will be the most difficult part of your entire plan. Purchase Essay Warminster! It requires making a large number of writing personal essay Sandy Spring School, intelligent assumptions about the size of the purchase School, market you can realistically target, and the costs associated with making your product or rendering your services. These sections are the red meat of your plan — these are the chapters that any seasoned angel investor or venture capitalist will dig into to make sure they know they’re making a solid financial investment. Chapter 7: Financial Plan and Sales Forecast Sections. Sales Forecast Personnel Plan Budget Cash Flow Assumptions Loans and Investments Starting Balances Historical Financials Key Metrics for write for money, Success. Define the purchase Warminster, price in write an article St. John's-Ravenscourt which you will sell your products and services, the cost it will take to produce or sell the product/service, and the number of units you will sell. Be conservative when making your estimates on the number of units you will sell, ensuring you have a reasonable methodology when making your forecast.
It is highly recommended that you first complete the following sections as they lay the foundation for defining the sales forecast. Products/Services section: Defines what you will sell and at what price point; also seeks to purchase School define the how to lens NABA, Nuova Accademia Arti Milano, production cost Target Market section: Defines the size of your target market and what quantities you can sell. Tip: Your sales forecast should sync with your Sales and Marketing plan. Purchase Warminster School! For example, if you plan on hiring several sales people nine months from the start of your business, you should forecast an increase in sales thereafter. This is the price you will sell your products/services. Fixed price: Suitable for most sales forecast modeling Price changes over time: The price of your product/service may increase/decrease in price over time for several reasons: Keep up with inflation Keep up with increased cost of raw materials or components Seasonal product – discount to write my essay for money The Windsor School offload excess inventory Promote new product – discount upfront to encourage sales, then increase later.
This is the direct cost of purchase School, producing your product/service (at the write St. John's-Ravenscourt, unit level). Otherwise known as cost of goods sold (COGS). Fixed costs: Suitable for most sales forecast modeling % of sales: A good way to forecast costs; as sales increase you can set the cost as a % of sales on a sliding scale. Costs vary each month: The cost of your product/service may increase/decrease in price over time for several reasons: Economy of scale: the more units you produce, the cheaper it becomes to produce them Bargaining power: the essay, more units you buy from your supplies, the format of an essay The Village School, cheaper they become Seasonality: cost of raw materials may fluctuate based on time of year. This is the expected number of units you will sell. My units are constant: Not particularly suitable as most businesses will expect to have some growth over time. Units sold changes over time: The quantity sold of your product/service may increase over time for several reasons: Growing market share Finding new markets.
Sales tax requirements vary by country and by products/services sold. In the United States, there is no sales tax at the federal level; however, many states levy selective sales tax on purchase essay Warminster School, particular goods or services. Check with your state department of taxation if you are required to collect sales tax. Format Of An Writing School! If yes, you collect the sales tax from your customers and School then remit the tax to School the state each year. If the individual assumptions used for purchase essay School, each component of the sales forecast is accurate, so will the writing personal essay Spring School, overall sales forecast. Essay School! You should be able to of an essay writing The Village School explain where each number comes from, citing studies/research that validates your assumptions.
The costs of hiring personnel are often the largest expense of any business. Warminster School! In this section, you will enter forecasted employees and contractors you plan to hire. The number of personnel you plan to hire and at what time is more of an art then a science. Too much staff too soon and you’ll burn through your working capital. Write Sherborne International! Too few staff and you’ll run the risk of alienating your customers and essay Warminster partners when you can’t deliver. A good way to think about your personnel plan is to think about the milestones you want your business to accomplish and what personnel are required to get your business there. You can always revise your estimates, so start off with your best estimate and come back to this section later. How To Write Nuova Di Belle! Tweak as needed so that your business model demonstrates profitability within your target time frame. The type of company you are building and the financing required also makes a big difference in your staffing plan. For example, if you are seeking venture capital that mean you are going to essay Warminster want to hire and scale quickly in order to generate large revenues.
Conversely, if you are seeking debt financing, you want to operate as lean as possible and maximize profitability so you can service your loans. Fixed amount: Suitable for most situations. Changes over time: You might want to define a compensation plan for sales personnel that have an annual bonus component, for example. Employee: If choosing employee you will have to consider certain employee taxes and other considerations. Contractor: If selecting contractor, ensure that you are classifying said contractor correctly. In the United States, for example, you are legally required to provide employee-type benefits in certain situations even if you classify the personnel as a contractor. If hiring employees, you will be responsible for additional costs such as (but not limited to) payroll taxes, worker’s compensation and health insurance, paid time off, training and personal Sandy Friends School travel expenses, vacation and sick leave, pension contributions and other benefits. This is referred to the burden rate, which provides a truer picture of total labor costs than payroll costs alone.
Burden rate only affects employees and not contractors. If unsure what to enter, 15% is a fair estimate. Explain the assumptions and purchase School methodology used to define the personnel your business plans to retain, including how you came up with your compensation figures and writing essay Sandy Spring School burden rate. For example, you might explain that as you plan to essay Warminster School hire several sales people to coincide with the release of for money The Windsor School, a new product. Enter expenses you plan on incurring for your business.
A good way to make sure you capture majority of your business’s expenses is to think through costs associated with each functional area of your business, such as product development, marketing and operations. Categorize expense into groups, such legal and purchase Warminster administrative, rent and leases, and telecommunications. Article Sherborne! Do not include fixed asset expenses (assets whereby you derive value from for more than 12 months) such as a company van or computers. Purchase Essay School! You will enter these in the next step. Advertising Expense Amortization Expense Auto Expense Bad Debt Expense Bank Charges Cash Over and Short Commission Expense Depreciation Expense Employee Benefit Program Freight Expense Gifts Expense Insurance – General Interest Expense Professional Fees License Expense Maintenance Expense Meals and Entertainment Office Expense Payroll Taxes Printing Postage Rent Repairs Expense Salaries Expense Supplies Expense Taxes – FIT Expense Utilities Expense Gain/Loss on Sale of Assets. Enter long-term asset expenses here. Long-term assets are comprised of two types: tangible and how to a critical lens essay NABA, Arti intangible assets. Fixed assets are tangible assets that provide value for more than 12 months, such as a company van or computers. Fixed assets are depreciated over its useful lifetime. This is an accounting method that allows the business to purchase Warminster allocate the costs of the write article Sherborne International, asset over essay School its life by gradually reducing its value.
Common fixed assets: Land and Buildings Motor vehicles Furniture Office equipment Fixtures and fittings Plant and machinery. Intangible assets are long-term assets that are not physical in write School nature. Intangible assets are amortized over its useful life. These might include: Intellectual property (items such as patents, trademarks, copyrights, business methodologies) Goodwill Brand recognition. Enter other short-term assets here, which most likely will be any prepaid expense that lasts for purchase essay, less than 12 months. Besides prepaid expenses, other current assets also include short-term investments and NABA, Arti securities that are likely to turned into cash within a year.
A prepaid expense can be described as such: A 12-month office lease is signed with the total lease amount of $12,000 being paid upfront. Classifying this as a regular expense would not be accurate because then the PL Statement and Cash Flow Statement would both show the essay School, $12,000 as a one-time upfront payment on the month it which it was made. This type of write my essay School, expense is better described as a prepaid expense, since the use of the purchase Warminster, office is spread out over a 12-month period of time and can be considered an asset on the Balance Sheet that is expensed over time. By classifying this as a prepaid expense (or an amortized short term asset) then the PL Statement would show the $12,000 prepaid expense spread across 12 months at $1,000 each month, while the Cash Flow Statement would reflect the online, $12,000 payment on month in which it was made. Under Assets, the Balance Sheet would then show the amount of Prepaid Lease that is Warminster remaining at the end of the accounting period. Enter an estimate for income taxes you expect to Hudson College pay, which should be a summation of purchase, federal, state and local income tax. Write A Critical Lens Nuova Accademia Arti Milano! Do not include other taxes such as property tax (should be entered as a separate expense) or employee-related taxes (this is covered in the Personnel Section as the purchase School, Burden Rate). Write Newspaper Sherborne International! As this is only an estimate, 100% accuracy is not required (if unsure what to purchase Warminster enter here, use 20%). Dividends and distributions (for corporations and LLCs/partnerships, respectively) are payments to the company’s shareholders/owners, taken from the writing The Village, company’s profit. Dividends are typically paid out at the end of the essay, fiscal year, while distributions can be given out at the discretion of the owners.
You may want to set this to zero initially and see how the financials of your business model work out; then you can work backwards and determine how much of write newspaper Sherborne, retained profit you want to distribute to owners/shareholders. Here you can explain any regular costs that are associated with running your business. What are the monthly or ongoing costs that you must pay to keep the business up and running? For example, this could be paying monthly utilities and rent expenses for your office space, insurance, or any marketing or advertising costs. For a start-up, remember that there are always up-front costs or one-time costs associated with getting things started, so be aware of any of these expenses and include them in your budget. Accounts receivable is defined as sales that the company has made but has yet to collect the money from the purchaser. Most companies operate by purchase, allowing some portion of their sales to be on credit. How To To Write An Essay College! These types of sales are usually made to frequent or special customers who are invoiced periodically, and allow them to essay avoid the hassle of physically making payments as each transaction occurs.
You want your accounts receivable to get motivated Hudson College be as low as possible to purchase essay School increase your cash flow. Defining what percentage of your sales will be on credit. You want this percentage to be as low as possible, while keeping in writing personal essay Sandy Friends School mind that for some businesses it is Warminster School preferential to provide some credit to your best customers. Defining how long it will take to collect payment. Of the customers that you provide credit to, you need to define when they are to pay you back. The faster, the better your cash flow will look like. It is typical to provide net-30, which is 30 days. Accounts payable is defined as short-term debt owed to suppliers and write School banks. It is to your advantage to negotiate longer payment terms with your suppliers, as it will improve your cash flow.
When looking at accounts receivable (what is owed to you) and purchase essay Warminster accounts payable (what you owe), the key thing to remember is that you want to be paid as soon as possible, and newspaper article Sherborne you want to pay others as late as possible (cash on hand is king). Defining what percentage of your purchases will be on purchase essay School, credit. You want this percentage to be as high as possible, as that will improve your cash flow. However, ensure you are able to pay your vendors on the purchases made on for money, credit. Defining how long it will take to collect incoming payments. How many days will it take, on School, average, to essay Sandy Friends School collect incoming payments?
Select the typical number of days between when you make a credit sale and when the payment arrives. Keep in essay Warminster School mind that shortening this period can vastly improve your cash flow. If your business will sell physical products and you plan on keeping inventory on hand, then you need to write online define how many months of inventory you wish to purchase Warminster keep on hand. The more months of inventory you hold on hand, the more cash is write Sherborne tied up in inventory. This will affect your cash flow. How much inventory should you carry? The ideal amount varies from industry to industry, and business to business. Warminster School! A good place to find more information is trade associations for write article, your industry. In order to improve your company’s inventory management, you will need to start by collecting good records on your inventory. Using inventory turnover rate as an essay School indicator.
Inventory Turnover Rate = Costs of Goods Sold (COGS) / average cost of inventory on hand. A low inventory turnover rate means that you may have too much inventory on hand. Understanding and managing cash flow is very important to any business. The time period for credit sales and payments may depend on your suppliers or your industry. An Article! Paying and getting paid later rather than earlier can entirely change your cash flow projections.
You can utilize this section to purchase explain any assumptions about cash flow, including details on the time period in which you will make and receive payments. How did you come to these assumptions and how will it affect your business? When taking out a loan, you borrow an amount of money (principal) from a lender, and are obligated to pay back at a later time (usually in installments). You will typically pay interest on the loan. If you are seeking a loan then enter the amount, as you want to forecast the essay writing School, financials assuming you have secured the loan. Personal vs Commercial Loans. For many small businesses, taking out a personal loan to purchase School finance growth is commonplace. These might include credit cards, home equity line of credit (HELOC), and installment loans.
If you have an existing small business, commercial loans can be obtained, which are based on International, a variety of factors. Secured vs Unsecured Loans. A secured loan is a loan in which you pledge some asset (equipment, property, etc.) as collateral. Unsecured loans (credit cards, personal loans) are not secured against a borrower’s assets. Interest rates will be higher for unsecured loans versus secured loans, for obvious reasons. If you have a pre-existing loan, then you can specify those details in the Starting Balances section. A line of credit is similar to a loan with the difference being that interest is not charged on the part of the School, line of credit that is unused, and the borrower can draw on writing, the line of credit at any time that he or she needs to. If you are seeking a line of purchase essay, credit then enter the amount, as you want to a critical lens essay di Belle Arti forecast the financials assuming you have secured the line of credit.
The line of credit may be classified as a demand loan, which means that any outstanding balance will have to be paid immediately at the financial institution’s request. Investments include injections of purchase, cash into write International, the business from you, other shareholders or owners, or investors. This typically refers to equity investments where investors contribute cash to the business in exchange for purchase essay Warminster, equity (ownership). In this section, you can describe how your business will be funded. If you are a startup, it is likely that the money you make from format The Village School, sales will not cover all your business expenses so you may need additional sources of funding, such as taking out a loan, receiving investors’ capital, credit lines, or other ways of borrowing money. What type of funding will you acquire? At what point in your plan are you expecting these funds? For existing businesses only. The starting balances will be used to purchase School adjust the how to write a critical essay di Belle Arti, balance sheet to take into account your company’s financial history. Important: all starting balances should be entered as they are at the start of your plan.
Enter starting balances for assets: Cash Accounts Receivable Inventory Other current assets Long term assets Accumulated depreciation. Enter starting balances for liabilities: Enter starting balance for Capital and Earnings: Enter your Recent Sales: One month before start date Two months before start date Three months before start date Four months before start date Five months before start date Six months before start date. If you are an existing business, you can enter past financial data here. This is purchase essay Warminster optional and will be used to calculate historical financial ratios in the Financial Statements section. For each year of your company history , include: $ Sales $ Gross profit $ Income from operations $ Net profit $ Current assets $ Current liabilities $ Inventory $ Total assets $ Total liabilities $ Total owner equity. Every business model has several key metrics that management can use to see if the business is personal Friends healthy.
For example, a restaurant might use the Warminster, number of Sherborne, tables it can turn per night and purchase essay the average revenue per dinner. Think about what levers make the most impact to your business. You will want to continuously track and personal essay Sandy Friends monitor these metrics to ensure your business model is working. Chapter 8: Financial Statements Sections. Profit and Loss Statements Balance Sheet Cash Flow Statement Financial Ratios. The Profit Loss (i.e.; income statement) shows your revenue, expenses, and essay Warminster profit. It is the most common of the three reports as it provides a view into the company’s projected “bottom line”. The statement here is a read-only display, calculated automatically from the information you entered in the Sales Forecast, Budget, and Personnel Plan sections.
If you wish to edit or change any information, you may do so by going back to those sections. The statement here will update automatically. The balance sheet gives a snapshot of your company’s financial position at a given point in time, usually the last day of a fiscal period. It is called a balance sheet because assets (what you own) will always equal the sum of writing Spring, your liabilities (what you owe) and stockholder’s equity (your investments from stockholders plus money that your business earned that is put back into Warminster School, running your business). The balance sheet here is a read-only display. If you wish to change the balance sheet, you can do so by going back to Spring Friends School the builder in the Financial Plan section.
If you are an existing business, you have the option of purchase School, adding starting balances under the get motivated to write an essay, Financial Plan section. The cash flow statement displays the cash inflows and outflows from your operating, investing and financing activities. Rather than providing an overview like the Warminster, balance sheet, the cash flow statement will measure the change in cash during a period. Format Essay The Village! In other words, how much money did you start and end up with? The statement here is a read-only display. Purchase Essay Warminster School! You can go back to edit the sections in the Financial Plan section in order to personal Sandy Spring Friends change the purchase Warminster School, accounts affected in the cash flow statement. The Financial Ratios section gives a general overview of the health of your business. The report here is a read-only display. If you wish to change any of the information, you may do so by write for money The Windsor, editing the relevant financial information you’ve entered previously.
The ratios here will update automatically. The Liquidity Analysis shows how solvent your company is, or how easily convertible to cash is the company in essay Warminster School case. This is writing essay Sandy School important in Warminster School determining the ability of the business to meet its obligations, or paying off what it owes in debt. The Profitability Analysis shows the overall performance of the company in write my essay The Windsor School its ability to make a profit. The ratios show how much of sales revenue is actual profit after taking costs and expenses into Warminster School, account. The Debt Ratio shows how much of the business’s assets are financed by debt and write for money School how much of the business’s assets are financed by stockholders’ equity.
The Investment Measures show ROI (Return on Investment) which is the percentage of the purchase essay Warminster, return (net profit) of the business divided by the cost of the how to a critical lens essay NABA, di Belle, investment. The most common method of calculating ROI is to divide net profit by total assets. Finishing these chapters represents a massive achievement in completing your business plan. It is by far the purchase essay Warminster, most difficult chapter, as it requires doing somewhat complicated math to generate accurate financial statements. In all likelihood, you will need to hire an an article online expert or accountant to purchase essay Warminster School help you create an accurate and detailed plan that adheres to realistic outcomes. To finish it off, you’ll need to for money School write an appendix and a glossary of terms. Your appendix will be a more detailed version of the financial statements detailed in this chapter, and your glossary of terms will simply define the essay Warminster, terms of your business that an investor may not understand. Upon including those chapters, your plan will be complete. Feeling inspired to start a business, but don’t know how to writing personal Sandy Friends write a plan? We have a sample database of plans that you can look through to learn the different chapters and sections necessary to attract equity investments and loans. Although our examples are specific to essay each industry, keep in write my essay for money School mind that every plan will be unique depending on purchase essay School, your location, your customer base, and your own vision, so these will only serve as a starting point for you and your dream.
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