From the most important concerns of persons who are preparing to begin a organization will be to how are they going to fund their business. Obviously, an incredible business enterprise program wouldn’t function without the need of the funds to run the concept. Some people borrow funds from wealthy friends, some use crowd-funding technique even though other loan in the bank or greater however seek equity funding from a venture capital firm.
Most small business owners opt for equity funding from a venture
capital firm. Nonetheless, prior to you seek approval from venture capital
investors, you need to ensure that you prioritize their welfare. You should
realize that after they invest inside the company, they will be aspect owners
and not just mere creditors. Consequently, they will need to view long-term
revenue with your company.
Here are other recommendations on how to find venture capital investors:
Make sure to come up with concrete business
enterprise plan presentation – most investors look for companies with great
plans that they’re able to support. You may not count on investors to are
available in without having compelling suggestions for the business enterprise.
As a result, ahead of seeking for VC’s, it is best to 1st care for the company
plan that you will present to them.
Show the investors the return of investment that
they could expect – most investors are seeking to three to five occasions
return of investments. You ought to make sure to present to them clearly, how
much they must anticipate in return for investing inside your business.
Investors might be a lot more confident to commit money in your company when
they understand that they may be dealing with a businessman who knows precisely
what he’s undertaking.
home becomes an easy target for burglars especially when you are away on an
overseas trip. But did you know that the travel insurance you purchased for
your overseas trip also insures your home against burglary when you are away?
insurance companies such as Bharti AXA GIare offering burglary cover under travel insurance policies. The policy
basically states that if the home has undergone a theft or burglary whilst you
were away on an overseas trip, the insurance company
will have to compensate you as per the financial protection offered. This will
typically cover the damage or loss as a result of the burglary.
there is a catch here. The home burglary will have a cap that will be defined in
the policy. This means that the insurance company is only liable to pay the up
to the maximum limit set under the travel policy burglary cover. For
example, your home has been ransacked and you have experienced a loss or damage
of several lakhs of rupees, but your insurance only covers you for Rs. 50, 000
as the maximum limit. Your insurance company will only make a payout of Rs.
50,000 in that case, regardless of the actual loss or damage that you may have
What are the Conditions that Requires Fulfilling at the Time
of Settling the Claim?
you have raised a claim against a burglary that occurred when you were away on
a trip, then you are required to fulfill certain conditions. These include:
As soon as you become aware of the burglary,
you must alert the insurance company who had issued the travel insurance policy
and submit the required claim forms that have been duly filled out along with
any supporting particulars.
The Hong Kong Capital Investment Entrant Scheme was first
launched in October 2003. The objective of the program is to allow reasonably
well-off people to come to HK and take up residency without needing to join in
or establish an operating business. The Scheme rules are reviewed by the Immigration
Department on a regular basis.
To qualify for this capital investment visa, 10 Million Hong
Kong Dollars is required to be invested in ‘qualifying investments’ (which does
not include real estate).
The essential cut and thrust of the Capital Investment
Entrant Scheme (“CIES”) means that if you invest HK $10 million cash
into Hong Kong’s economy, you will be able to procure a visa to take up
residence in the HKSAR.
In the first instance you will secure a two-year period of stay which is then, subject to having maintained the 10 million HKD in the qualifying investments, extendable every two years for up to seven years. Once you get to 7 years continuous ordinary residence, you can apply for permanent residence.
Even if you have not in fact resided in Hong Kong in all of
that time, but have maintained the visa status nonetheless, you will be able to
secure ‘unconditional stay’ and in the process free up the HKD10m investment
for deployment elsewhere. Namely, by then it will have served the process of
procuring your residency in the HKSAR with no further strings attached.
One of the benefits under the Capital Investment Entrant
Scheme program is that you are entitled to bring your immediate family along
with you (i.e. your legal spouse and unmarried children under the age of 18 –
who secure dependent visas,).
A condition precedent to CIES visa grant is that you must
have owned the HK$10 million for at least two clear …