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Tech addict, the explorer, living with the internet. The passion for technology has never failed to fascinate in every stage of his life. He maintains his own blog Tripontech. Now, he regularly contributes to some of the popular magazines, sharing his experience with the world. His work has appeared in Huffingtonpost and Socialnomics.net.

Managing Inventory Carrying Costs To Boost Profit

When reviewing the balance sheet of any company—be it a startup or a large corporation—inventory usually takes up one of the biggest asset balances. As you gain more experience in operating your business, you’ll find that all assets need additional spending. These include storing, repairing, and ensuring your assets. In business terms, the costs related to holding inventory are called carrying costs. Keeping inventory carrying costs under control is crucial. Otherwise, you might be wasting money without even noticing. Top 3 carrying costs Storage – You need to shell out money for storing inventory in a warehouse or your store. Insurance – Inventory is one of the most valuable assets of your business, so you need to insure it against damage or theft. Interest – Borrowing money to purc...

How Businesses Gain A Competitive Edge Using Bespoke Software

Any business that aspires to climb their industry needs to invest in technology. Many proprietary software and commercial packages are readily available. However, most of these are designed to be a one-size-fits-all solution. Investing in bespoke software development proves the superior option, particularly for businesses with specific needs that cannot be addressed by proprietary software. Greater control Using tailored software means businesses gain more control over the design and functionality of their software. Through this, unnecessary features can be cut off and only the most useful ones will remain on the finished product. This can have a huge impact on the ease-of-use of the software and its overall efficiency. By working with professional software developers from the start of the...

Breaking Down Some Of The Biggest Competitors For Bitcoin

Bitcoin gets most of the attention when it comes to the world of cryptocurrency. It was the first major player in the world of cryptocurrency, and it hasn’t gone anywhere, remaining in the public consciousness before really surging in value in the past year or two. It still leads the way in terms of market capitalisation among the various forms of digital coins. But there are many competitors in the cryptocurrency field for Bitcoin, and while none have yet been able to ascend to the level of the market leader, they are making inroads almost every day. If you are going to get involved with cryptocurrency, either on an individual level or as a driver for your own business, you should know what all these different coins are about. You should also try to find a digital mining company, such as ...

Is 2018 The Right Time To Invest In Cryptocurrency?

Have you been thinking about putting your money into Bitcoin but still having plenty of doubts in your mind? As a beginner, it’s inevitable to think that it’s already too late to jump on the ship, with Bitcoin’s price now hovering below the $10,000-mark after hitting an all-time high of $19,000 in December last year. You’d hear people saying that Bitcoin is no longer profitable and that it’s downright impossible for Bitcoin to reach tens of thousands of dollars in value as some analysts predict. But despite the noise, you may still want to push through with this investment decision. Learning The Basics Anyone who wishes to be a Bitcoin investor should first understand what it really is. Bitcoin can be used to pay for goods and services, but it works differently from fiat. Basically, it’s p...

Bitcoin vs Altcoins: A War With No End?

If you’ve been following Bitcoin for a long time now, then you have probably heard countless people say that its biggest threats are the central bank and the government. But as the popularity of cryptocurrencies continues to surge, it appears that the real threat to Bitcoin is blockchain itself, as this technology enables anyone with the requisite know-how to launch new digital coins. Over the past year, there has been a significant rise in the supply of cryptocurrencies, many of which challenge Bitcoin. While a huge percentage of these new coins will be gone after just a few months, some of them come with a huge potential that many investors think that Bitcoin is slowly losing its grip as the most dominant cryptocurrency of them all. The Case For Altcoins People who trade cryptocurrencies...

Important Decisions To Make When Trading Binary Options

Binary options have gained in popularity in recent years. Many beginning investors are drawn to the fact that they are easy to understand and don’t take much in terms of capital to get started. Meanwhile, experienced investors also try to take advantage of them if they have a solid sense of market timing or, in some cases, if they are looking to hedge on another position they might have taken. In any case, binary options can be a useful tool for investors of all stripes. There are many factors that come into play at each point of the decision-making process for trading binary options. And a wrong move at any of those points can cost you money and make the difference between a winning proposition and a losing one. Top 10 Binary Signals can show you the best methods of setting triggers in pl...

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