Software Startup: Be one or help one?

My day job pretty much involves evaluating startup ideas all day, and then building a plan that makes them grow  really quickly. So it goes without saying that I live eat and breathe this stuff all day. That said, I still get questions about the Startup world, and am hoping that this will answer some of the questions.

Are you sitting on a piece of code that needs a little spit and polish to be the next big thing in the software industry? If you’re a talented developer with a particular vision, entering into the software fray today is a risky yet extremely rewarding proposition – if you make it.

You’re probably itching to bring your product to the forefront of people’s consciousness and turn it into a household name ala Facebook, but breaking into the industry is no easy feat. Just ask the thousands of new developers and startups who fail on their first few attempts and run out of funding for their next project.

You must have a Game Changer in your Hands

The first thing you have to consider is to make sure you have something that the public wants and needs, something that nobody else has been able to provide. The world doesn’t need another search engine or another email provider. Your idea or software has to be simple enough to be accepted and practical enough to be used. Your baby has to be a game changer. Lose sight of that and you’re pretty much screwed.

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 5 Ways to know if getting a Variable Rate Home Loan is for You

Every time interest rates fall to a new low, home owners can’t help but focus their attention on fixing their house mortgages to lock in the currently existing low interest rate. However, there is more to variable rate home loans than just having the option to switch to a fixed rate whenever you feel the need to. Although fixed and variable rate loans have their own share of pros and cons, knowing which type of loan is most suitable for your current financial situation is the first step to having a successful loan take out. So, is getting a variable rate home loan for you? Find out how.

  1. You always keep yourself updated with the latest interest rates

When your interest rate is fixed throughout the life of the loan, there is little motivation to read up market predictions. Variable rate home loans are ideal for people who want to take advantage of the lower-than-before-interest rate as the market crashes. These people can afford to be wrong with their predictions because they don’t mind paying a little extra and they know they can easily switch to a fixed rate. [Read more…]

How to save Money on House Repairs

Your house is a big investment, probably the most expensive one you’ve ever made. With this in mind, it makes complete sense to take care of the little things so they don’t turn into big ones that can bite you in the future.

Periodically checking on your house is a surefire way of spotting any potential problems you may encounter. Plus it would also be a lot cheaper to fix it now rather than wait for it to be a bigger issue. Here are a few ways you can save money on any repairs that need to be done now or future repairs down the road.

Do it Yourself

Most minor home repairs don’t usually need a trained professional to handle. You can do it yourself if you have some basic tools and a rudimentary understanding of how to fix things. When in doubt, Google it and watch how-to-videos so you’ll see how it’s done. Never handle anything with electricity if you’re not sure what you’re doing. Same goes with major plumbing issues or you may end up with a flooded home.

Rent your tools

If you’re doing bigger DIY jobs and need more power tools to finish the job, don’t buy, especially if you’re only going to be using it once for that particular project. You can rent or even borrow the tools you need (if you know someone who has them). If you really want to buy, there a lot of used tools you can get on Cragslist or any garage sale. If you’re not going into the handyman business, don’t buy brand new tools.

Do some Preventive Maintenance

If your car gets regular preventive maintenance service to prolong its road worthiness, so should your house. One PMS you can do yourself would be going up the roof to clean the gutters. Making your downspouts clean and free of debris can save you money in future leak repair or gutter replacement.

Another job you can do is install insulation in your attic to help save you money on your energy bill. Hire a plumber to inspect your system every 3-5 years. A skilled plumber with a trained eye will catch any current and future problems and advise you on what to do.

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Ten Advantages of Online Invoicing

Online billing is a superior method for accounting for small business, and for organizing and carrying out a critical company function. Revenue and cash flow are major concerns for most businesses, as success and growth depend on them. Cloud-based storage adds an element of security to the process and the records that support tax records and business status reports and documents. With cloud-based software systems, the service can permit an unlimited number of invoices. Ten advantages of online, cloud-based billings are summarized as follows.
Audit Trail

Online invoicing provides an exacting basis for audits. It provides precise date and records of the disposition of every request. Whether for internal use or external requirement, the records of invoices and payments will be strong and readily retrieved. Audit procedures are difficult; an accounting for small business provides a firm factual basis and well-organized records. The audit process can go as easily as possible.

Security

Many may resist online payment because of custom and practice. Some may prefer the familiarity of cutting a paper check and are not bothered by the time and effort involved in processing paper documents. However, online payments are as secure as other methods of payment. Financial institutions involved in payments processing devote substantial resources and effort to security and the results are convincing across the volume of transactions done each day. The accounting systems keep records and base tracking on cloud systems. Service providers maintain them with advanced security safeguards against loss and interference.

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