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5 Tips If You Intend To Sell Your Business In India

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5 Tips if you intend to sell your business in India

High consumer confidence in the midst of an upward economy means now it the best time to sell a business. If you desire to sell your business in this year there are certain tips that you need to keep in mind so that you derive the maximum profit. When the consumer confidence is high and your business is successful then it is the apt time to sell your business.

Another benefit is the low rates of interest makes it also feasible for the buyers to acquire businesses at a lower capital cost. However, the time may be feasible but sell the business you need to remember the following points.

Business for sale in India needs to assess the following:

1. Seek legal and financial expertise

It is highly important to hire a legal financial advisor who can help you with the necessary financial, legal, tax, and business advice so that the process of business for sale in India goes smoothly.

There are so many details that will come in the process of sale and if you are unprepared the chances are that you will not get maximum profit.

2. Always hire a professional business broker to help you to get your business listed for sale

A business broker is a right person who can help you with listing as he is totally aware of the markets. And he can also help you in asking realistic prices for the business and also market your business and help you with the potential contacts that can be your leads.

3. Set realistic price

If your business is earning profits it is deemed that you can get carried away and ask for a high price. But remember not only the profit capacity of your business but also other factors like goodwill, client relationship, personal investment of time and some other factors that will be crucial in deciding the price for your business.

4. Keep it quiet

If you are planning to sell your business the customers and the workers will undergo panic and this will negatively affect the reputation of your business and then the price for your business may go down and also then finding a good seller will become all the more difficult.

Thus if you intend to sell your business do it silently and once you have the buyer and the details have been finalized for the sale, also the legal process has started only then make it go in the public.

You also need to determine how the transition of the customers will happen and then make the announcement.

5. Get the bids in written documents

As the business gets listed there are several offers that will make but having things written will help you make a proper and accurate comparison and thus decide the best option for you.

Not only the prices but other factors like the period or the mode of the payment and such factors that will help you in the decision of finding the best suitable buyer for the business.

Writing is like breathing to me and sharing my ideas with my friends in the virtual world is bliss. I live to write and relive the moments that I had written. Enjoying the write-ups that I had once written and sharing with all is all that matters to me.

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Trusted Investment With The Block Charter

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Block charter

Are you in quest of an opportunity to gain profits that are higher than the market rates with full confidence? The Block Charter provides you all. You don’t need to invest a large amount to earn a profit. By using modern technology you can easily do so. A layman does not know how to earn profit through investment. He may make a wrong investment and go in a loss. So, you can make an investment through professionals who know how to turn investment into huge profit.

Our top priority is to provide a high rate of revenue on all investment. We can do so by using advanced algorithms. Since the investment is done in an automated way, the chances of making an error are very rare.

Our computing tools gather particulars from the market and operate fiscal values within no time. No major differences in prices are observed because of instant operations. All of this happens at the promising rates.

How Does The Investment Happen?

1. Manual Trading:

In manual trading, buying and selling decisions are made through humans. Computer programs may also be involved in the entire process of dealing. Still, manpower is required to make it happen. We do so by making use of altcoins which is a digital cryptocurrency.

2. Algorithmic Trading:

It is also known as automated trading. It relies on programmed dealing instructions. Cryptocurrency is utilized in this kind of trading. The algorithms create surplus profits by buying and selling. Through algorithmic trading, we can implement large orders.   

How Do We Secure Your Investments?

The very first thought that comes in your mind while making an investment is about security. We have made firm rules that do not let any harm happen to the customer’s resources. We have a system of cold storage that keeps all digital assets to avoid any unauthorized access.

The contact between the website and your browser is encrypted. To lessen the risk of DDoS attacks, we are working together with Cloud fare and some other dealers. All of the information is encrypted including passwords. Our monitoring system is dynamic.

Only allowed personnel can have access to it. All of the buying and selling is done on an immediate basis on the prices that are established in advance. The assets are not held for long.

Our Earnings:

We have different packages including Amateur Trader, Rising Star Trader, Champion and Elite traders having a contract of four years. A minimum asset under management is $500 for amateur traders. Rising Star Traders have AUM of $3,000. Champion Traders have the opportunity of having minimum AUM of $7,000.

Elite Traders are placed higher than the rest with minimum AUM of $25,000. These are all a four years contract. We believe in keeping contact with our valued customers.

So we are available 24/7 and provide guidance immediately. Our investment department is in Meggen, Switzerland which is our head office too. All of the developments take place in Minsk which is in Belarus.  

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The Young And Dynamic 27-Year-Old Ankiti Bose Owns A $1 Billion Fashion Startup “Zilingo”

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Ankiti Bose Zilingo

Zilingo Pte’s journey to creating a fashion platform with the worth of $1 billion started in December 2014 when Ankiti Bose, who was at that time working as an analyst at Sequoia India, was chatting with a neighbor in a house party in Bangalore. Then she was just 23, and Dhruv Kapoor was a 24-year-old software engineer at gaming studio Kiwi Inc, had soon realized that they have similar ambitions and complementary skills to lay the foundation of their startup.

Soon they left their jobs and started with their $30,000 savings to find the Zilingo, an online platform that lets the small merchants in the Southeast to build scale.

On Tuesday the Singapore –based company said that it raised $226 million from investors that included Seuio Capital and Temasek Holding Pte. As per the latest financing value Zilingo is at $970 million.

Thereby with the given figures, it makes 27-year-old girl among the youngest female chief executives to lead a startup of this big size in Asia. Female founders remain unique in the global startup world.

Of the 239 venture capital-backed startups around the globe are worth at least $1 billion only and have only 23 female founders as per data from the Pitchbook in May last year.

We were a bunch of twenty-somethings with nothing except this dream and we decided to chase it.”

– Ankiti Bose

She is now a group of the founders in Southeast Asia who are beautifully using the region’s rapid increase in the tendency of using smartphones and rising incomes. Online shopping in the region has reached new heights and is $23 billion in 2018 as per a survey of Google, also by the year 2025 it is bound to increase to $100 billion.

Since its start in March 2016, from about s$434000 it has reached S$1.8 million in the year ended March 31, 2017. The revenue of the company has grown 12 times in the year-end March 2018 and fourfold in the April to January period, as per the company.

Dhruv Kapoor continues to be the company’s chief technology officer. The company started with the vision to help the small merchants to sell to the consumers and since then has entered new arenas. When they founded and dealt with small sellers they realized that technology, capital, and economies of scale was missing big time.

Thus they expanded in developing software and other tools to help the sellers to access the factories in Bangladesh, Vietnam and such other countries and they helped with cross border shipping and inventory management.

Since 2018, Zilingo worked with financial technology firms to provide capital to small sellers to procure raw materials and make the finished goods ready for sale. The listing is for free in the company but they charge a commission of 10 to 20 percent on the orders.

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Cryptocurrency Firm CEO Dies In India, And he Locked With Himself In His Grave $145 Million

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Gerald Cotten

It has happened in reality and to believe it is not easy and may seem to be very dramatic for many but trust this article it has happened. A Canadian man Gerald Cotten, CEO of a cryptocurrency firm called QuadrigaCX has passed away, and with himself, he has taken away the password for accounts that almost have $145 million.

As per the reports Cotton was travelling to India with his wife Jennifer Robertson and he dies in Jaipur due to Crohn’s disease (inflammatory bowel disease). He was intending to open an orphanage for the underprivileged children and help them lead a better life.

 

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Gerald Cotten unfortunatly died on the 9th of December 2018.⠀ ⠀ Leaving a major cryptocurrency exchange platform unusable. He was the only one knowing the password.⠀ ⠀ For now, no one succeedded in hacking his personal devices, or the platform, to get the password.⠀ IT, and his family are trying to find his password too, but in vain. ⠀ ⠀ Will these 192 million dollars in cryptocurrencies be lost forever? 💹⠀ ⠀ @moneymindset.mm ⠀ @moneymindset.mm ⠀ #successhabits #millionaire #success #prilaga #wealthymindset #entrepreneur #work #motivationalquotes #entrepreneurship #business #workhard #successful #focus #successfulmindset #motivational #millionairemindset #mindset #working #millionaremindset #moneymaker #goalkeeping #wealth #entrepreneurs #money #motivation #entrepreneurlife #successmindset #moneymindset #bitcoin

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His wife, Robertson has filed for bankruptcy protection as Cotton was the only one who had access to the accounts. Experts are trying hard to crack the password but all their efforts have gone waste. Nova Scotia court granted Cotton’s widow appeal.

On asking her about the same she answered, “I do not know the password or the recovery key. Despite repeated and diligent searches, I have not been able to find them written down anywhere.”

The fact that Cotton was only the one with the password of the accounts that had money the investors are in tension. There have been stances where other cryptocurrency firms have lost the money of their clients’ but this first of its type case where the money is there but cannot be accessed.

The currency was kept in ‘hot wallets’ and it was accessible through the internet and the withdrawal requests were to be met by the ‘cold wallets’ like USB and it was kept offline. This was done to ensure the safety of the currency.

 

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Interestingly 12 days before his death, he had made a will. And had named everything in the name of his wife and had made her the director of the firm.

 

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There are mixed feelings for his death while many are in grief and are in support of his family but few consider it to be fake news and a way to run away with a huge amount and spend his life in utmost luxury.

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