6 Benefits of Using an Electric Car for Daily Use and Companies
Along with the changing times, now technology is increasingly developing and making various interesting discoveries that can benefit humans. Including developments in the automotive field, in the automotive sector, various automotive companies are increasingly competing in the production of electric cars as one of the innovations and solutions to overcome problems to reduce pollution, save fuel and various other problems. If you want to try using an electric car without buying an electric car you can try “electric car leasing deals“, So what exactly are the benefits of an electric car? The following explanation.
1. Without Emissions
One of the advantages of electric cars is that they contribute to protecting the environment and do not produce emissions. Several studies explain the use of electric cars can greatly affect the environment compared to using cars with petroleum fuels, especially in the level of air pollution. Also, other benefits will, of course, make the air quality even better.
2. Quieter When Driving
Another benefit of electric cars is that they provide more comfort when traveling. This is because its superiority is quieter and smoother, so it impacts on comfortable driving because it doesn’t cause much air pollution. This is different from most cars with petroleum fuels, especially as in cars with diesel engines whose engine performance is noisier.
3. Faster
Electric cars have incredible acceleration. Why? because electric cars can send torque in a fairly fast time to the wheels. For example, the Tesla car with the S model has an acceleration of around 3 seconds for speeds of up to 100 km / h.
4. Cheaper Prices
Who does not want to have a car at a cheap price? It seems everyone will make the purchase price of a car as an important factor in buying a car. If you buy an electric car, then you will incur a much lower cost, especially in terms of car use, of course also will reduce the costs used for fuel. Especially if you have a company that uses a lot of vehicles such as trucks or minibusses, or even companies that provide vehicle facilities for company workers, in addition to buying lots of vehicles at lower prices, it also reduces vehicle operating costs for each day. If you are interested in using electric cars for your company, you can visit “Business electric car leasing” for more information.
5. Minimal care and not complicated
A car certainly requires maintenance, one of them is like car engine maintenance. But on electric cars, it doesn’t need much maintenance. This is because electric cars do not have exhaust systems and do not need to change car oil, even spare parts on the combustion … Read more
Advantages of Finding Funds through Receivables and Factoring Funding
Slow cash flow movements are often a problem that prevents your business from developing more successfully. One of them concerns the problem of accounts receivable (granting loans to other people or companies). The receivable collection process is quite long causing delays in the smooth running of the company’s balance sheet.
If it continues, this can cause serious problems for your business. It is not possible, right, you run a variety of operational activities without having an adequate availability of cash. Therefore, it is important to deal with it well from the beginning to avoid the impact or risk that will arise.
In this problem, entrepreneurs will usually take away to finance receivables or by using factoring. This method is considered as an alternative to short-term or long-term financing according to a mutual agreement or quick solutions to get funds that can make cash flow stable again.
Before deciding to choose one of these solutions, you need to understand the difference between receivable financing and factoring financing. If you are interested in getting more complete information or want to consult more clearly you can visit: factoring companies.
Receivable Financing
Receivable financing or known as invoice financing/invoice discounting is an act of borrowing several funds against several company receivables that are running in a company.
Broadly speaking, factoring-brokers will lend you the funds as borrowers as long as the receivables are still running and have not been billed. Then, when the consumer has paid your loan, you must return the funds to the investor. Of course the loan repayment and all the interest following the agreement that was agreed upon from the beginning.
If you have urgently needed funds to run the company’s operations, and are confident of being able to collect receivables from those who pay you in quick time, then this credit financing solution is suitable for you to choose. But keep in mind, you should still consider the risks that will arise if the collection of receivables does not go according to your estimates.
Benefits of Receivables Financing
1. Receivables financing can expedite cash flow in a short time.
2. Can overcome a variety of urgent financial problems for your business, especially if you can no longer find other sources of loans in a fast period.
3. Company activities can continue to run well and normally, until the time the receivables can be disbursed.
Factoring
Factoring is an act of financing by purchasing company receivables. Understanding factoring is financing activities in the form of purchases or transfers, as well as the management of receivables or short-term bills of a company from domestic and foreign trade transactions.
Broadly speaking, the understanding is, the owner of the receivables will sell … Read more
Posted: January 30, 2020 by Ginger
3 Ways To Improve Your Financial Health
“Personal finance” is a term which refers to the way you manage your money and how you plan for the future. All of your current financial decisions and activities have an impact on your financial health, both now and in years to come.
Often, we are guided by certain phrases or “rules” which have been passed through the generations, such as “don’t buy a house which costs more than 3 years salary” or “you should save 10% of your monthly income for your retirement”. Whilst many of these wisened quotes stand the test of time and truly are helpful, it is important that we take a closer look at what we should be doing in general when it comes to improving our financial health and spending habits.
Work out your net worth and personal budget
Money comes in, and then money goes out. For many, this is pretty much as far as their understanding of money and personal finance goes. Rather than ignoring your finances and chancing whether you have the money needed for your planned purchases, a bit of budgeting can help you to reevaluate your current financial health and determine how you can reach both your short and long term financial goals.
As a starting point, it is vital for you to calculate your net worth, which is the difference between what you own and owe. To do this, you need to calculate your net worth by taking note of your assets, which you own, and your liabilities, which you owe.
If you have property, or own business properties, then you should list these and you may want to discuss this with a chartered surveyors, Manchester based if you believe there may be a change in the property valuation. By tracking your net worth over time, this allows you to evaluate your successes and identify potential areas which require improvement.
Recognise inflation
Most individuals will spend more money if there is more money to spend. When people advance in their careers and go on to earn higher salaries there is often a correlating increase in terms of spending, which is something known as lifestyle inflation.
Whilst you might be able to still pay your bills, lifestyle inflation can be extremely damaging in the long run as it limits the ability to build wealth. It isn’t uncommon for people to feel the need to match the lifestyles of their peers and friends. It’s easy to overlook the fact that actually, this way of spending leads to a lot of debt as people battle to keep up.
If you own business properties, then you might want to review the rent you currently charge. Due to inflation, you may find … Read more