The Business Rates Appeal Consultation for your business

To maintain a fair trade, the Valuation Office Agency is rating properties in Scotland, Wales, and England. While this is being called an assurance of good setup, it has some bad news for many small to medium-sized businesses. If the rates of the properties are made high, then tax will be paid more. If you think of it, there are numerous businesses in the whole United Kingdom and such decisions are not in favor of them at a level. However, amidst this whole chaos of economy, there is a happy tiding to such parties that now you can challenge the decision passed on your property. But it is advised that before you take such step get a business rate appeals consultation from an organization like CNG business services.

How to demand a fair price?

The owners of these businesses can ask for a fair rate of property in three simple steps on their own or they can reach companies like CNG business services for Business Rates Appeals Consultations who are always ready to help in such instances.

The Three-Step Procedure for this

There is a three-step procedure called “check, challenge, and appeal” that has to be followed.

1. Under the first step of “check”, the value officer will check the kind of business that you do. He would also want to know the trades and types of goods being sold or whatever. As we all know there are different types of taxes on different kinds of goods, for example, liquor taxes will be different compared to beverages. Under this stage, only this much is enquired about. The Value officer takes at least 3 months to respond to the request and after the response, you will have only 4 months to go for the challenging part. 

2. The next step is called “challenge” under which you can challenge as to why the rates are too high by providing the righteous justification to your opinion along with evidence. The pieces of evidence may include your receipts, your current rent, the location you have your business in (value of a location outside the city will be lesser), etc. The value officer will make a decision about what to do with your property. If that decision is agreeable to you then fine, otherwise, you can appeal for amendments, changes, etc. The VO has then 18 months to response, long run, right?

3. The final step is called “appeal” that requires a fee about 100-300 Ponds which is refundable if what you claim is proved true and accepted by the Value Officer. In a case where it is found that the request/ query was not right then a fine of 500 ponds can also be charged. But one should not worry more if the claim is true and hence a piece of advice to those who think they can get lesser values by playing a little dishonest, please don’t.

This whole process may seem quite hectic and complicated, so, what if someone else does that for you? Well, here in CNG business services we can do a business rate appeal for you. You can contact us or come to us directly anytime to get a business rate appeal consultation and we will be happy to do that for you.

Loans Secured efficiently on Credit Card Sales

One of the common Achilles heels of any emerging business is its requirement for working capital. This poses a huge burden on businesses to arrange loans from their respective banks. A major hallmark of credibility to advance any loan is the sales the business has made so far. Merchant service customers are exploring avenues to repay only when they get paid. Loan plays a crucial role, especially in the case of credit and debit cards sales. Businesses can source their advances on the basis of sales made on credit cards and avail merchant loans. In this way, instances of cash crunch or the bank account running dry can be easily avoided.

How are loans secured via credit card sales?

Any amount which is advanced to a business depends upon the average monthly credit card sales which are made by the business. In a way, a transparent metric of cost is agreed upon with no additional rates or late fees or penalties anywhere.

The loan is secured as there is no collateral in the first place. Following are the ways in which loans are secured through sales on credit cards:

1. Fast Approval: Unlike banks, the process of getting approved is simple, clean and fast. Any approval typically takes about 72 hours and funds are processed quickly.
2. The high rate of Approval: Not just fast approval, but a large number of businesses are absorbed under the secured shelter of loan, making loan on credit card sales literally creditworthy.
3. Flexibility: Repayments are virtually hassled free with no rigidity of paying on a term basis or advancing fixed payments whatsoever. There is no anxiety of failing to make any late fee payment or penalty. Thus, loans secured via credit card sales are very flexible.
4. Safety: What makes securing loans on credit card sales different from a regular bank loan is that there is no threat to any asset with the former. Gone are the times when the business had to put precious assets as collateral to fulfill the cost requirement of securing loans. Ironically, such sources did not make loans secured any longer.

In a nutshell, it can be said that the sales of a business can be used to bootstrap further growth with a secured loan mechanism, serving as a conduit to achieve the same. This is most suitable for small and medium-sized businesses having a wider scope and opportunity of growth and market share. Loans secured on the basis of credit card sales can catalyze businesses to devise cost-effective strategies to generate higher sales volume. Furthermore, loans can help finance marketing and ad campaign costs in certain cases or generally for the upkeep of additional stocks. Credit card sales relieve both the supply side and demand side of infrastructural roadblocks. On the supply side, no negative externalities are borne by the business to reach out to banks for loans. On the demand side, there is a clear record of a transaction made with the convenient use of credit cards.

Business Cash Advance

Everyone and anyone who dreams of becoming a successful businessman always dreams of becoming the best at it. Nobody wants to become an average simply because most already are. But in this money-minded era, how is this possible that a small business can afford an easy loan that can be paid back without losing peaceful sleep in the process? Well, we assure you after reading this article you will get a good business loan and you won’t lose your peace either. Here next we are going to talk about business cash advance.

A business cash advance is unlike any other form of loan available in the market. In Business cash advance, the lender lends you money for a certain period of time (that is your deadline) before which you have to repay the sum but here is a twist, you don’t directly pay money through installments or other options. You shall pay back the loan through the sales that you have made that is, a business cash advance is directly depended on the sales of your firm. The money you pay back from time to time is directly proportional to the sales you have made.

Understanding business cash advance

Let us make you understand the concept of business cash advance with an example. Suppose that the lender lends you a sum of £1500 with an interest rate of 10% and you are given a deadline of 8 months (may not be applicable in some scenarios). Now in normal loan lending system for as much time as you keep the money you need to keep paying the interest on a monthly base through installments. In business cash advance, you do not payback on a regular basis; you are offered a flexible return. Suppose on the first day you make a sale of £300, 10% from this £300 (£30) will be deducted and given to the lender. You will keep the rest £270. On the second day, you make a sale of £278, 10%from this £278 (£27.8) will be deducted and given to them and so on.

On each day your sale won’t be the same, hence the amount you pay them back will also not be the same. You will pay from whatever you sale in the market so sale more and return more.

How to check if you are eligible for a business cash advance?

You are required to be an established firm for the period of time as the lender’s terms and services proposed. Every good businessman knows the position of their business that how it’s going to make more profit. If you think you can make a good profit in the future but need a little “easy go” kick start then Business cash advance should be ideal for you. Your sales should be good and should be matching the criteria of the lender. If you are a firm that uses debit/ credit cards for pavements then this should be easy for you as you can make a record of the sales.

The lender has a right to check your sales so you should be open to that too. A business cash advance is a simple medium of growth for small and medium-sized businesses in the world. Small restaurants, beauty parlors, growing supermarket stores or any other vocational business that is fulfilling the criteria, are most benefitted.

Role of the lender and borrower in business cash advance

The lending companies usually maintain an eligibility criterion for the lending of loans to seeking businesses. Different lending companies have different criteria so a borrower should check for the one that suits best for his/ her needs. The lender has a right to see the records of your sales so as to maintain trust in your firm that it can return the amount within the deadline (if set). The lender takes pavements from the fixed proportional of your sale only (that is the whole idea). The lender can decline your future loan requests if you do not maintain the criteria for the current or last loan lent to you. The borrower should only request the amount that he/ she are confident to return.

In a business cash advance, there is nothing like you are in a debt or something because at the end month you are paying honest repayments.

What if you suffer a huge loss?

In a business cash advance, you pay from what you sale so nobody will come and ask you to pay back until you start making money (that is why some lenders set a deadline). You need not worry, just improve your sales and gradually pay back the loan you lent.  If you are suffering from a natural calamity then many lenders offer financial help that you can use to stand again. And when you start making money again, start paying back. This is the main benefit of having a loan lent as a business cash advance.

As said above there is nothing like you are in debt or something so do not be worried about your status that much. No lender shall ask you to access your bank accounts to pay them there and then. Your interest is a fixed amount of money that you have to pay; it will not increase like the regular loans you take.

A business cash advance is an effective and efficient loaning method that can be used to get a good sum of money to boost your business. Unlike traditional loaning methods where the interests as you keep the money for long duration business cash advance ask for a fixed amount of money back. It is good for those firms who dream of making their small firms big. The more the sales your business does the sooner you pay back the loan you lent, that’s it. A business cash advance is not a new concept in the market, it is known for a good time. It goes by another name called “merchant cash advance” where the merchant is anyone who is a businessman or an authority of a business responsible for these things.

Let’s Analyze The Benefits & Drawback Of Corporate Outsourcing

There are several aspects of every business. And, each one of those needs equals attention from the business owner. This is why some businessmen think of hiring the in-house staff and some others look out for Corporate Outsourcing to provide the needed services. Depending on the feasibility and affordability, you can choose any of the two mediums because both of them have their own set of pros and cons. If you are a business owner and are debating about whether or not you should invest money in Corporate Outsourcing, then let us have a look at its advantages and disadvantages. After a thorough discussion about both, we are sure that you will be able to take a wise decision about which method to choose.

Disadvantages

• As the Corporate Outsourcing Companies work for numerous clients and that too from different parts of the world, sometimes you get poor quality results from them. As they have to focus on different businesses at the same time, they fail to deliver superb quality to each and every client of theirs.
• Sometimes, there can be language barriers as well. For instance, if you have most of your clients from American or English countries, and you give Corporate Outsourcing task to a company from African or Asian country, there can be language barriers amid the service providers and your clients. This is because both countries have extremely different accents.
• Also, the outsourcing company might lack compassion as compared to your in-house staff. For them, you are just like another client, to whom they have to offer the same services which they are delivering to several other clients of theirs. However, from your in-house staff, you can expect loyalty and a complete dedication towards your company.
• Inspecting the performance of in-house staff is also way easier and convenient as compared to the outsourcing company. You can monitor your in-house staff easily because they are always accessible and most of the times in front of your eyes. However, in the case of Corporate Outsourcing, you are never sure about whether the third-party company will be there at the time when you need them. In the worst case scenario, imagine the company fleeing away after taking your money!! There is never any guarantee, isn’t it?

Advantages

No matter there are some drawbacks of hiring another company for your corporate tasks, but you must bear in mind that these disadvantages appear only when the company you are working with is a novice or someone with really negative reviews over the World Wide Web. If you research well about the company you are going to hire for Corporate Outsourcing, you can easily expect to get back the following set of advantages.

• They help you to save money. By residing in a developed nation and hiring an outsourcing company in some developing nation, you can easily save an excessive amount of money in terms of currency difference. Moreover, you can also cut short the expenses that will else be invested in hiring in-house staff, paying them salaries and buying necessary equipment for them.
• Provided that you give Corporate Outsourcing task to a professional company such as CNG Business Services, you can expect to get the utmost professionalism from the service providers. As they are dedicated to providing a specific type of service to their customers, they surely have all the necessary knowledge that is required to complete that type of task. Hence, you can expect to get the best results from them and that too in the shortest timespan possible.
• Apart from these, corporate outsourcing companies also make sure that they are fully dedicated to their client’s business. They not only fully understand your business before providing the necessary services to your customers, but also make sure that they give you new ideas to get more returns out of your business. In totality, the customer satisfaction rate is much higher in case of Corporate Outsourcing rather than hiring in-house staff.
• Unlike the staff working within your office, an outsourcing company has way shorter turnaround time. Where your in-house staff members can be working on several tasks at the same time, they cannot provide equal quality results in every aspect of your business. However, when you opt Corporate Outsourcing, they not only provide results much faster but also make sure that the quality of results delivered by them is unmatched.

Having a thorough look at both the pros and cons of Corporate Outsourcing, what do you think? Isn’t it worth it to hire a professional third-party company to deliver outstanding results each time?

Top 3 Reasons To Hire A Corporate Outsourcing Company

A fully functional company – be it of any type – needs to devote equal time and attention towards its different aspects. And, if the company is a blossoming one, it needs to take the assistance of Corporate Outsourcing in order to provide timely services to its clients. Before having a look at the enormous amount of benefits that can be availed by hiring a Corporate Outsourcing Company, let us explore the different work fields it can handle efficiently.

• Database services
• Ethnic sales
• Marketing
• Customer support
• Telephone answering services
• Lead generation
• Telemarketing
• Telesales
• Telecom services
• Web designing

Well, these are the basic services that you can receive from reputed companies such as CNG Business Services, but depending on the type of company that you hire, the number of services can be more or less.

Now, coming back to the title of the article – reasons to hire a Corporate Outsourcing Company!

1. Adds Expertise – No matter you are a well-versed company or just a beginner, having expertise in every field is not that easy. And, if you think of hiring the in-house staff for serving every aspect of your business, it ultimately adds on to your overall expenditure. However, if you spend a little money and outsource your work to a third-party Corporate Outsourcing Company, you get the best staff to work on your business. Those people are proficient in the field for which they are offering the services. And, they also keep themselves updated about the current trends and make sure that their customers get the best results within the shortest time span.

2. Saves Money – You might be thinking that in the first point we said that you need to pay money to the Corporate Outsourcing Company, so why we are saying that it helps you save money? Well, the answer lies in the different ways in which Corporate Outsourcing helps you save money. Firstly, when you hire one such company, you are paying a set amount of money to the company in order to get the work done from them. You need not bother about arranging the equipment and software/hardware products to do the task. It is all their headache and you just pay them to get the work done in a timely manner. Therefore, you are saving money on the infrastructure. Secondly, hiring in-house staff and allotting them salaries is way more expensive than hiring a Corporate Outsourcing Company and paying them a prefixed amount of money. Thirdly, if you are residing in some developed part of the world, then Corporate Outsourcing can help you save tons on money due to the currency difference. You can simply hire a company in the developing parts of the world and pay them less money (in terms of your currency) and get the work done by them.

3. Improved Productivity – Having a designated Corporate Outsourcing Company working for you means that your customers will be valued and responded to in time. There won’t be delays in the turnaround time because the hired company will be hired for just this purpose. What’s more, if the Corporate Outsourcing Company that you hire is in a country having different time zone as that of your nation, you can expect them to be working for you even when you in-house staff members are sleeping at night. All in all, it will keep your business proactive and increase your ROI due to improved customer satisfaction.

Do you want to avail all these advantages of Corporate Outsourcing and increase the overall productivity of your business? If yes, then you need to approach CNG Business Services today! Don’t delay because laziness at your end will cost you much later on.

Quick Overview About Loan Secured on Credit Card Sales

Are you looking for financing options for your new or existing business? Or, are you existing business, and want to invest more money into your trade? If you answered any of these questions with a yes, then chances are you might have looked for several financing options such as business cash advances, bank loan, and others. But have you ever thought about getting a loan secured on credit card sales?

This is a wonderful financing option for the businesses that want instant money, but do not want to get into the trouble of arranging so much documentation and collateral proofs.

In 2017, it was seen that nearly 16% of individuals relied on credit cards for starting their new business. What’s more, the percentage was even higher (37) in the case of millennial businessmen. These wonderful statistics are a proof in itself that loan secured on credit card sales can be used as the best resort to meet your financial needs and that too without being into too much of documentation related hassle.

Getting loan secured on credit card sales is a pretty easy process, and to top it off, it requires no personal guarantees or collateral. Anyone who has a business credit card can use the money for investing in their business, without having to ask for references from other businessmen in the area. The funding process of such an option is also very fast and can be completed just within a few days. Some companies such as CNG Business Services help you get a loan secured on credit card sales approved within just 24 hours!

Another benefit of getting a loan secured on credit card sales is that once you pay back the loaned amount, you have the liberty to take a new loan all over again, without any further formalities. Just get the money as you did before, and you are good to go. However, this is not the case in case of a bank loan or business cash advance. In those, once you have paid back the loaned amount, you need to reapply for a new loan by following the initial formalities all over again. And, trust me! That can be really chaotic and time-consuming sometimes.

As you can see, a loan secured on credit card sales is a boon for individuals who aim for hassle-free financing options. Avail this benefit by approaching CNG Business Services today!

Install E Top-Up Service In Order To Maximize Your Profits

E Top-Up service is pretty much in trend due to a variety of reasons. Most of the retailers have E Top-Up machines installed in their stores because having one such service gives them not only an increased number of customers but greater business profits as well. Different ways in which E Top-Up machines can be used to make profits have been listed below:

1. Utility Bills – Every UK home has to pay utility bills from time to time in order to enjoy continued services. Hence, if you make it easier for homeowners to pay their utility bills on an E Top-Up machine, there are improved chances for you to get more customers at your store. Customers will come to your store in order to make payments for their utility bills because they will be doing so hassle-free, and in return, you can get extra income (in the form of a commission that you get over every bill payment).

2. Mobile Top-ups – Most of the mobile phone users still have prepaid connections. These connections are the ones in which they have to top-up their mobile number beforehand in order to avail calling, internet and texting facility for the duration specific to the top-up plan that they get. If you have E Top-Up kiosk at your store, you can help the customers top-up their cellphone in no time. They can simply provide you their card details, and you can use the same to make a payment and generate an e-voucher or do online top-up as per the choice of the customer.

3. The Health Lottery – Lastly, another fascinating way of using E Top-Up machine to increase your profit is by giving your customers the opportunity to buy lottery tickets for them. Although you will just be selling the tickets and the company actually holding the lottery will be paying for the draw, yet you will be making a profit from the marginal commission that you’ll be getting after every lottery ticket sale.

As you can see for yourself, installing just one E Top-Up machine in your store can help you in getting numerous benefits in terms of customers, profits, reputation etcetera. But, to avail such benefits, you need to make sure that you get the E Top-Up machine from a reputed seller such as CNG Business Services. They are the best service providers in the UK and assist you in getting fantastic deals from two of the most reliable companies in the UK: pay zone and pay. Approach CNB Business Services today and get an E Top-Up setup today to improve your income!