How to Avoid Debt in Your Business

calculator and paperIt’s often reported that the number one reason why most businesses fail is because they accumulate too much debt too soon, and this quickly leads to the finances going well into the red.

While you don’t necessarily want to avoid all debt in your business, as there is such a thing as good debt, the vast majority of debt you really don’t need and. Let’s take a closer look at what you should be doing.

Come up with a budget

One of the main reasons why many businesses end up with too much debt is because they never have any kind of budget in place. This leads to spending, spending, and more spending, without any kind of thought towards can we really afford this and is this the right thing to do? Take the time to come up with a sensible budget and then stick to it.

Buying equipment on credit

Buy now and pay later is one of the easiest ways to get in a lot of debt. For example, when buying equipment like gas abatement systems it’s easy to start buying in bulk when you can’t really afford it. Then 6 months down the line the invoices need paying and you just don’t have the cash.

Get a good accountant

If you don’t consider yourself much of a numbers person, then you should quickly bring someone in who is. Usually, this comes in the form of a good accountant, who can delve into the numbers and let you know what you can and can’t afford. The next best option is accounting software, although the right accountant will pay for themselves in the long run.

Be careful about employing staff

Taking on staff is necessary to take the business forward, because at the end of the day you can’t do everything. However, employing full-time staff is a major commitment, and if you’re initially paying them from loans and credit cards, it’s a surefire way to go broke.

That’s why our experts recommend you outsource to freelancers or take on temporary staff at first. Sure, it might cost a bit more, but you don’t have any contract, which means if the work slows down you won’t have to keep paying them.

Keep it simple

Most people end up buying things their business really doesn’t need, and this is why the debt starts to get out of control. Do you really need an expensive car, or to upgrade to a bigger office, or to buy new computers? Keep it simple until you can comfortably afford to buy new things with money you have sitting in the bank.

Christmas – Good or Bad?

christmasWhen it comes to Christmas, are you like an excited child running to open your presents on Christmas morning, or do you feel more like Scrooge and his “bah humbug.”

Below we are going to take a closer look at the good and bad of Christmas time, so you can make up your own mind which side of the fence you’re on.

The good:


It doesn’t matter how old you are, there is nothing better than receiving Christmas bags with lots of presents in them.

Not only that, but it’s also really good to give presents to family and friends, and then sit back and see the reaction on their face when they open them.

Ultimately, the main idea behind Christmas is to give, and as long as you don’t get carried away by spending more than you can afford, then there is nothing wrong with buying presents.


Christmas is a time to let loose and enjoy the foods that you might not normally eat at other times of the year.

Whether it’s turkey and roast potatoes for dinner on Christmas day, mince pies, or lots and lots of chocolate, you are allowed to eat a bit more than normal as long as you promise to get back on your diet in the New Year.


Another good thing about Christmas is that it’s the perfect excuse to let your hair down and hit the town.

You might be invited out to the pub by friends, have to go to the office party, or maybe a nice meal with the family. There are usually many opportunities to go out and enjoy yourself.

The bad:


It seems that every year the hype for Christmas starts earlier and earlier. Supermarkets start putting Christmas items on the shelves around September/October, and TV ads play constantly from around the beginning of November.

Because of this, many people are burned out by the time December 25th comes around and just want Christmas to be over with.


In the weeks leading up to Christmas the roads and shops are much busier than usual, especially on the weekends, which means it takes you longer to get anything done.

This is why more and more people are going on vacation during the festive period to get away from the madness.


You can’t get away from the fact that Christmas is typically accompanied by some of the worst weather of the year, as temperatures reach freezing conditions throughout the day and snow is regularly forecast by the weather people. Make sure you wrap up warm.

Real Estate Investing – 4 Tips for Beginners

money buildingThere is no doubt that real estate investing is something millions of people have become rich from…the only question that remains is can you follow in their footsteps and have the same kind of success?

If you are ready to try it out for yourself, then these 4 tips for beginners will help you get started in the right way. Read on to find out more…

Think long term

Sure, making quick profits in real estate is possible, but if you want to turn it into a living and have it pay you for years to come then you must think long term.

At the end of the day, this isn’t a get rich quick scheme or make millions in your underwear type of activity, it requires planning, patience, and a willingness to wait a while before you start seeing the cash.

Get educated

You wouldn’t attempt to fly an plane without a few flying lessons would you? Well, the same principle holds true with real estate investing. If you want to become someone who can create money at will from buying and selling properties then it’s essential that you get educated and learn all of the insider secrets.

Courses run by real estate experts such as Than Merrill is a good place to start, as well as the many books that are available on sites such as Amazon and eBay.

Buy cheaply

The number one rule of investing in real estate is to buy properties as cheaply as possible. It may sound obvious, but most beginners ignore this rule completely, which leads to them overpaying and struggling to make a profit.

So where do you find cheap properties that are suitable for buying? One place is property and foreclosure auctions as there are usually many bargains to be found that are way below market value. Also, make friends with real estate agents in your local area because they often learn about cheap properties coming up for sale before anyone else.

Keep it simple

Ultimately, real estate investing is not hard or complicated as long as you keep it simple and stick with one course of action until it becomes profitable.

If you try and do a bit of everything then you have a high chance of failure because your focus will be all over the place. Instead, choose something such as house flipping or renting to tenants and become an expert at that one thing.

How to Buy Scaffolding in New Zealand

scaffoldingWhen you’ve got a construction job to complete and you need to work safely at height, then you’ll no doubt be looking to buy scaffolding in New Zealand either online or at a local building suppliers.

However, it’s important that you don’t rush into buying any old scaffolding, as only the best will do, especially when you have employees and want to guarantee their safety. That’s why you should read our guide below on buying scaffolding in New Zealand, as our resident experts have given out their top tips. Let’s get to it…

Look for certification

No matter where in the world you are buying scaffolding, it should come with some certification from a recognized authority within the industry.

This seal of approval gives you complete peace of mind, as you can be 100% sure that all of the materials that went into producing the scaffolding is grade A and been properly tested.

Going cheap is not a good idea

Sure, you’ve no doubt got a budget and are looking to keep costs low, but when it comes to buying scaffolding it really isn’t such a good idea to go cheap.

The vast majority of cheap scaffolding on the market is fake, usually imported from China where it has not been tested and it is not made with grade A materials. Don’t put the safety of yourself and everybody else in jeopardy. Pay that bit extra to get the best.

Stairway feature

The old way of accessing scaffolding on construction sites around New Zealand was to use a ladder. Ultimately though, this is not always safe, especially when working quite high up.

Luckily a solution has been found to make scaffolding more secure and it comes in the form of a stairway feature. In a nutshell, this means that each level of scaffolding has a drop down stairway, allowing easy and safe access to all areas. This is far more convenient than ladders, as well as safer for everyone involved.

Buy from respected websites

If you are planning to purchase scaffolding online then make sure you only buy from respected websites. Look for previous customer reviews to see if people are happy with their service and make sure all stock being sold on the website is certified by the appropriate authorities.

Even more importantly, ensure that every piece of scaffolding you buy from the website is traceable and has information that tells you exactly where and when it was manufactured.

5 Things You Should Know About Law School

buchman law schoolPerhaps you’re thinking about going to law school, but are still not sure if it is the right thing for you? There is no doubt that studying law is tough and definitely not for everyone, which is why you must think long and hard before making your final decision about what to do next.

Below we have listed 5 things you should know about law school. Keep reading to find out more…

You are not guaranteed a career

Many people think that having a law degree will instantly guarantee them a high paying career in the law profession. Actually, nothing could be further from the truth, as not only are the number of openings in firms being reduced, but the competition for each position is intense.

You can do your law degree online

Don’t like the idea of having to do your law degree at a university? If this is the case them you’ll be pleased to hear that you can apply to an Online Law School in order to do your degree. This is especially helpful if you are a mature student who wants to balance studying law with family and working at a job, or you would just prefer to study from home.

Get prepared to read a lot

Anyone that has studied law before will tell you that there is a lot of reading included when studying law. This means you have to be prepared to put the hours in and even spend all night at the library. Because so much studying and work is involved in getting a law degree, it’s no surprise to learn that the dropout rate is high, with up to 25% of students dropping out within the first year.

Buy second hand books

You will be required to buy a lot of textbooks for your studies, and if you didn’t know, law books are extremely expensive when you purchase them brand new. That’s why we highly recommend you buy second hand books at all times and save yourself a lot of money. Look for students in the year above who are selling their books or even check out sites such as eBay to pick up a bargain.

Enjoy it

While law school is a lot of hard work, if you want to get the most out of it and have the best chance of success, then you must try to enjoy the whole process as much as possible. People who become bored or tired of the subject won’t have what it takes to do everything that is required.

How to Decorate a Room With Minimum Cash

wallpaperIf you’re not careful, then decorating a room can quickly turn into a money pit, with no end in sight to the amount of expenses that keep piling up. Tasks such as installing carpets or floors, painting the walls and adding new furniture are not cheap, especially if you don’t stay in control of the costs.

It doesn’t have to be this way though. With just a little bit of creativity and out-of-the-box thinking it’s more than possible to decorate a room with minimum cash. Perfect for when you are on a budget and don’t have much funds to spare.

Don’t buy new furniture

The main expense when decorating is usually buying new furniture. However, unless your existing furniture is dropping to pieces then you don’t really have to do this, as all it needs is a bit of repair.

For example, let’s say you are decorating the living room and considering buying a new couch. Instead, it may be a better idea to keep your old couch and then simply put some new upholstery fabric over it. This can be done for a fraction of the cost of a new couch, which ultimately helps you to keep costs low.

Go second hand

When you have minimum cash then buying everything brand new is not the best option. Why pay sky high prices when you can get similar items that are “nearly new” at a fraction of the price? The choice is clear.

Things such as mirrors, lamps, tables, and cabinets are great to buy second hand, as all they want is a coat of paint or a good clean to get them looking new again. Search local thrift stores in your area, or check online sites such as Craigslist and eBay to find suitable second hand items.

Keep it simple

Costs normally start to spiral out of control when your decorating project starts to become too complicated. For this reason, when you want to spend minimum cash you must go in the opposite direction by keeping everything as simple as possible.

One good example is to go with a very basic color scheme so you don’t end up having to buy many tins of paint in different color variations. It’s small things like this that make all the difference to the amount of money you end of spending on decorating a room.

The bottom line

Not only can you decorate a room with minimum cash, but there is no reason why the room can’t look amazing and on par with the results you would have got from spending 10x the money.

Save Money at Christmas – Quick Tips

child christmasDecember is very often the most expensive month of the year, but it doesn’t have to be this way. Read these quick tips to save money at Christmas while still having a great time.

Buy gift boxes in bulk

Instead of spending a fortune on gift boxes on the high street, why not buy them in bulk online? You can easily buy a few hundred black gift boxes from a site like PaperMart at very reasonable prices.

Stock up on tinned goods

Whenever tinned goods are on offer throughout the year, make sure you stock up your pantry and cupboards with them. This way, you will already have more than enough food when it comes round to Christmas, and you won’t have to spend huge amounts of money on a big grocery shopping trip.

Set a price limit

If you don’t want Christmas gift shopping to be too expensive this year, then consider setting a price limit with all the people you will be exchanging gifts with. Let’s say that you’re only allowed to spend $10 on each gift. Not only does this help keep expenses to a minimum, but it also helps you to be more creative in your Christmas shopping.

Send e-cards

Save money on Christmas cards and postage costs by sending e-cards instead. Just about everybody is connected to the internet these days, which means you can send one of the many e-cards available on Christmas greeting sites online to email addresses of family and friends with a personalized greeting.

Buy gifts from the dollar store

One of the best ways to save money at Christmas is to do most of your shopping at the dollar store. Here you can find a range of items, and even bundle things together so it looks like you spent more than you actually did. If the dollar store is too expensive then consider trying out the 99 cents store!

Sell stuff

Why not sell stuff at Christmas to make money instead of spending it? Consumers are always looking for a bargain, so if you have an LCD TV you want to get rid of a gold watch that is just sitting around in a cupboard, then advertising it on a site like Craigslist of eBay is the way to go.

During the month of December these kind of items sell really fast, so you should have no problem at all getting some quick cash in your pocket.

Going to Your First Fancy Dress Party? 3 Tips to Consider

man in paintAlmost everybody is invited to a fancy dress party at some point, and if this is your first time going to one then you might be wondering how to proceed?

Let’s face it, you don’t want to end up doing something wrong that makes you look silly, and that is why you need to be fully prepared.

Here are 3 tips to consider if you are going to a fancy dress party:

Double check that it is a fancy dress party

How would you feel if you turned up at a “fancy dress party” only to realize that you were the only person to be in fancy dress. It’s happened many times before and it will happen many times again.

People simply misunderstand the instructions on the invitation or the host of the party change their minds and the news doesn’t reach everybody. With this in mind, it’s always a good idea to double check.

Choose an outfit that is recognizable

Once you are sure that the party is fancy dress then it’s time to choose an outfit. Sometimes, the party will be following a certain theme, and if that is the case then find a costume that is suitable. However, most of the time you are free to choose whatever kind of costume you want, and in this type of scenario it’s best to go with something that is recognizable and well known by most people.

A good bet is movie costumes from movies that everybody has seen such as Back to The Future or Indiana Jones.

Buy your costume online

Unless you live in a big city such as Los Angles or New York, then it’s usually hard to find really good fancy dress shops that have a lot of costumes on offer. This is why you’ll find it a lot more convenient to buy your costumes online, as you have pretty much every costume imaginable at the click of a button.

Not only that, but it also gives you the chance to browse different sites to find the best price, as well as find out who can offer next day delivery if you need your costume in a rush.

The final world

Hopefully, the above tips have given you a better understanding of what needs to be done before you go to your first fancy dress party. Even if you do feel a bit self conscious at first, remember that everybody else is in the same boat, and in no time at all you’ll forget about everything and just focus on having a great time.

Everything You Need to Know About Ugly Christmas Sweaters

child in xmas sweaterPerhaps you’ve heard people talking about ugly Christmas sweaters and are not sure what all the fuss is about? Well, like it or not, these clothing items have become very popular around the festive period with thousands of customers spending good money.

In fact, Justin Bieber spent over $1500 on one of these sweaters that he wore for a Christmas performance on the television. This is proof that it has gone mainstream.

Fortunately, you don’t have to spend as much as Bieber to get you hands on a sweater. Simply head on over to and grab yourself a bargain.

The beginning

Actually, ugly Christmas sweaters are not new at all. They were very popular back in the eighties, especially when many TV and movie icons of this decade started to wear the sweaters.

Eventually it faded though, and in no time at all it seems that all of the ugly Christmas sweaters were sent to warehouse in the countryside never to be seen again.

The party phase

Around 2001 in Vancouver, a few college guys decided to host a party around ugly Christmas sweaters, kind of like a fancy dress concept where everybody looks silly. It quickly took off, and over the next few years these kind of parties were held all over North America.

Let’s face it, most parties over the festive period are bland and boring, so it’s easy to see why this unique concept took off so quickly and became popular.

The mainstream phase

As mentioned earlier, celebrities likes Justin Bieber are now embracing ugly Christmas sweaters, and this has led to many people buying them as gifts for their family and friends.

Not only that, but many people now wear these ugly sweaters as a fashion statement, and can often be observed walking around the cities and towns of America.

The future

It’s hard to say where the future of ugly Christmas sweaters is heading. Maybe they will continue to be popular and keep on selling well? Or it’s possible they could fade away again like they did in the eighties, and go back to that big warehouse in the countryside? Only time will tell.

One thing is for sure though. Right now ugly Christmas sweaters are extremely popular, which means you should buy one this Christmas, either for yourself or for someone else.

You might even want to host your very own ugly Christmas sweater party, and invite everyone you know to join in the fun.

3 Tips for Beginner Real Estate Investors

skyscrapersAre you thinking about adding real estate to your investment portfolio? Many experts are now urging people to start buying again as the market begins to pick up after the crash a few years ago. Make no mistake about it, property will always be a great way to make money, as long as you know what you’re doing of course.

Unfortunately, a lot of people get into real estate investing without having a clue of what it’s all about, and that is why they end up losing a lot of money. Don’t be fooled. There is risk in any type of investment (including real estate), so you definitely need to educate yourself before diving in.

Reduce your risk significantly by following the 3 tips below…

Invest with experts

Websites such as allow you invest in real estate with the least amount of risk possible, mainly because their experts do all of the hard work and heavy lifting for you.

As an example, they choose the right kind of location and property type for the amount of money you want to invest, which means you have the best chance of seeing a return on your money in a short amount of time. Why go it alone when you can have experts on your side? The choice is clear.

Find a good lender

If you have to borrow money to invest in real estate then it’s essential you find a good lender. The reason? Because if the interest rate is too high or the terms and conditions are not in your favor, then you’ll find it extremely hard to make any money with your investment, as any profit will go towards paying back the lender.

There are many different options for you to explore when looking for a lender. You could go to a bank, mortgage broker, or even an online personal loan company. Make sure you take your time and weigh-up all of the options before coming to a final decision.

Join a real estate club

Many beginners would benefit greatly from joining a real estate club, which can be found in just about every city and town across America.

In order to find one close to you, simply perform a quick Google search and you’ll find what you are looking for. In these kind of clubs, you can network with other real estate investors, as well as learn insider information about how to be successful in all kinds of deals so you can make a lot of money.