Starting My Own Business Online – Are Free Websites Ever OK?

Would you say “I am interested in starting my own business online”? Maybe you already have an offline business of some sort but have yet to take it online. On the other hand, you might be at least thinking over the notion of starting your own business online. Either way, you want to avoid free websites and be sure to invest in your very own website.Why free websites are bad:
you often cannot put your own ads there or conduct any ecommerce
most of the time, you are required to have a subdomain in your URL (such as yourwebsite.WordPress.com instead of yourwebsite.com) – this does not make you look professional
you may have to deal with someone else putting ads on your website – where you often don’t get any share of revenue
Why investing in your own website really pays off:
this gives you a more professional appearance – your customers will see that you mean business
you have full control over what you put on your website
this is essential if you plan on conducting any ecommerce or online business
your website could act as your “24/7 salesperson” that never takes a break, never calls in sick, and never asks for a raise – questions regarding what you do, where you are located, etc., could easily be answered by your website
overall it’s like owning your own piece of online real estate where you can do just about anything you want with your online space without the restrictions of a free website service
After saying “I’m starting my own business online,” you could possibly get away with using a Facebook Fan Page or a Twitter page to make yourself known online. However, just keep in mind that if you really want to impress your customers and see success over the long haul, then you’ll want to invest in your own website.How much does it cost to set up your own website?
registering your domain – nameofyourwebsite.com – typically costs $10 – $20 per year
establishing your own hosting account – the company that “hosts” online space for your domain – typically costs $120 – $360 per year (or $10 – $30 per month depending on what features you need)
if you hire a designer, it can cost somewhere between $100 – $800
if you prefer to build it yourself, most experts recommend using the WordPress platform because you don’t need to know any special coding or computer languages – most hosting companies can help you with setting your website with WordPress
Whether you decide to hire a designer or do it yourself, the key point is to get your business online. A business without a website is just as bad as a business without a phone.

Unsecured Personal Loans – Satisfying The Need for Extra Cash

Would you like going on a holiday through the sale proceeds or your home? Or, how about repairs in a home that has been effected at the cost of home itself? Ones home is too prized an asset to be frittered away thus. Loans against home, may if not paid on time, result into repossession of the home or any other asset serving as collateral. The fear of losing assets, particularly home, has forced many people to opt for unsecured personal loans.Unsecured personal loans do not guarantee use of home for recovery of unpaid loan proceeds. However, the swiftness with which a secured loan provider liquidates collateral is not possible in unsecured personal loans. The provider of unsecured personal loans will have to move the courts for recovery. This will often be a protracted process, but the defaulter borrower will have to cough up the loan proceeds.However, a majority of borrowers take loans to successfully repay them after a certain time with interest. Therefore, their interest in opting for unsecured personal loans is only to save their homes from the loan sharks and the hard moneylenders.The best feature of unsecured personal loans is the relative speed with which they are available for use. Since one of the most important tasks of valuation of asset has been made unnecessary, savings in time is obvious. Therefore, while a person has to wait for at least two weeks to get hold of loan proceeds, unsecured personal loan proceeds will be released much faster, sometimes within 5 days of application. Hence, unsecured personal loans find good use in situations that demand hasty supply of cash.Borrowers with bad credit history will sense some limitations when using unsecured personal loans. Loan providers need to have something to fall back upon in case of defaults in loan. If it is not the collateral, it must be the personal credibility of borrower that must lead to trust. Therefore, it is preferred of borrowers to have good credit.A person is said to have good credit history when he has paid all his dues on different debts on time. Credit reference agencies, namely, Experian and Equifax prepare the credit file of borrower. A borrower in need of a fast approval of unsecured personal loan must append a copy of his credit report, requested from both these agencies.Bad credit borrowers may find getting good deals in unsecured personal loans difficult thence. Borrowers with bad credit surely can find deals appropriate to their condition if they associate with brokers. Brokers are helpful since they are associated with several banks and financial institutions in the UK. Such lending agencies provide unsecured personal loans to the applicants when a reputable broker forwards their application.The principal drawback of unsecured personal loans is the high rate of interest charged from borrowers. There is little borrowers can do about this. The borrower gets freedom from clause of collateral; in exchange, he needs to pay a high rate of interest to compensate lender for high risk. The interest rates on unsecured personal loans go as high as 7 to 30%. The interest rate or APR is fixed based on applicants credit score. Apart from credit history, there are several factors, which are taken into consideration while preparing credit score. The APR determined on this basis will be offered to borrower. Because of the prevalence of a large number of loan providers in the UK, borrowers can exercise their power of choice. The lender whose product is constituted of the best features is the one that is chosen by the borrower.If negotiated well, the borrower will be able to design the unsecured personal loan as fully befitting his situation. There are several decisions to be made on unsecured personal loans, such as repayment, lender, term of repayment, rate of interest etc. The key to a best deal unsecured personal loan is to be alert while making such decisions.