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.

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!