Showing posts with the label Business and finance

NPS vs Fixed Deposit: Which Scheme is Better to Invest?

  NPS vs Fixed Deposit The National Pension System is a voluntary pension scheme that lets you plan for your retirement by investing a fixed amount every month. As it belongs to the EEE category, it is a tax-free investment that attracts many investors each year. Ho wever, the NPS with drawal policies might not suit everyone.  Fixed deposit generates interest income at a fixed interest rate. A one-time lump sum amount needs to be deposited to reap high returns at maturity. The benefit with fixed deposits is that you don’t have to wait for a long time to withdraw the deposits. Some banks and financial institutions allow you to withdraw the entire amount post completion of 3 months from the deposit date. With FDs, you can also choose to withdraw the interest periodically as per your financial needs. Some of the basic differences between these instruments are highlighted in the below table:  Features NPS  Fixed Deposits  Investment method A fixed sum needs to be paid every month in the N

What You Need To Know About Family Wealth Management Services?

As one of the most important aspects of wealth management, family wealth management is the act of organizing your finances, investments, and other assets such as real estate or personal property to efficiently manage these resources. You might be asking yourself what you need to know about this type of wealth management service. Here are some things that you should be aware of. Do you have an idea of the different options that exist for a family wealth management service ? This article reviews and compares the various family wealth management services in order to help you decide which one is right for you. undefined What is a family wealth management service? A family wealth management service is an investment professional that's responsible for managing the assets of a private individual, family, or corporation. They're generally charged with protecting your assets and making sure that you get the most out of them in terms of financial return. FWSs provide a range of service

Choosing The Right Small Business Loan: Factors To Consider

You would be surprised by the number of funding options available for small businesses in recent times. That being said, be it an established small business or a startup, the need for additional funding or financing is quite common. If any small business requires funds for managing business expenses and for other business purposes, a small business loan is the perfect financing option.  Unless you have adequate funds to manage the business expenses and maintain adequate cash flow during the growing stages and decline periods by yourself, securing such loans is the best way to go. Although when looking for financing options for your business, you need to make the right choice. There are a variety of loans available and we have already told about the availability of several lenders offering loans to small businesses.  The Purpose And Advantages Of A Small Business Loan To begin with, the business owner needs to figure out why they need the loan. There can be a variety of purposes why th