Archive for January, 2021

2 Major Benefits of Purchasing an Umbrella Policy

An umbrella protects you from getting drenched on a rainy day. Much like the tangible object shields you from harm, so too does umbrella insurance. The policy is designed as a catch-all plan. Use it to fend off the additional costs of liability that may pop up at the most unexpected of times. Your rainstorm may not be literal water. It could be an accident claim or lawsuit seeking to take your savings. When life throws you inclement weather, the insurer has your back, keeping you from getting soaked and depleted. Find a place today that specializes in insurance services Maitland FL. The investment has two major benefits.

Reduce Your Stress

Lawsuits create tension, and they have become more common over the past few decades. A fender bender might lead to lawyers seeking financial damages. If your child fights another neighborhood kid, the parents could take you to court. Workers repairing the roof shingles might slip and fall, blaming unsafe conditions for their injury. These are unexpected situations that cannot be predicted and could go on for months to years.

The umbrella policy, though, defends you and your family members from claims so that you don’t have to worry about losing your property or personal belongings.

Safeguard Your Assets

When legal letters start arriving in the mail, it may feel frightening. The firms threaten to seek damages over your auto or home insurance. Where is that coming from? Is your house at risk? Could your 401k be at risk? The umbrella policy handles anything over the initial policy, securing your possessions and protecting your family from feeling like they may lose everything.

You don’t know when a storm is going to happen. All you can do is carry your umbrella with you, shielding you from unwanted wetness. An umbrella policy is a ticket to relief, giving owners a chance to know that an extra layer of protection is always there even during rough times.

4 Career Fields That Necessitate Liability Insurance

Although all people who drive a car should have liability car insurance, not everyone needs additional coverage for liability related to their occupation. For certain lines of work, however, professional liability insurance is a must. Consider a few types of jobs that call for extra coverage.

1. Health Care Workers

Many health care providers, such as doctors, counselors and physical therapists, would be wise to invest in liability insurance Newark DE. Because these professionals take on so much responsibility for peoples’ health and wellbeing, they are often held accountable when something goes wrong. Even the best doctor in the world could make a questionable judgment call in a tricky situation.

2. Business Owners

Businesses can be held liable for events on their premises or elsewhere. For example, if a customer falls and becomes injured in a store, the company would likely have to cover medical and legal costs. Businesses must also take responsibility for products that result in harm to the consumer.

3. Contractors

It is important for contractors to have liability coverage due to the hazards present at construction sites. These plans can help pay for medical and legal fees if someone is injured at the site. Additionally, insurance comes in handy if the construction crew accidentally causes damage to private or public property.

4. Financial Advisors

A final career field that often is held legally liable for bad outcomes includes financial advisors, accountants and other people responsible for large sums of money. Law suits are sometimes filed if one of these professionals is thought to have handled a client’s money irresponsibly.

If your line of work requires similar accountability as the jobs mentioned above, you may want to consider purchasing a liability insurance plan. Every professional makes mistakes and every worker experiences a very unhappy client at one time or another. Be prepared so that a small mistake doesn’t mean the end of your career.

Stock Trading With Good Buy and Sell Targets

Stock trading has made tons of people money for both long-term holders and day traders. Knowing the ins and outs of the market, when to hit your buy and sell points, and how to be patient are great ways to make money in the market consistently.

Understanding the price target for stocks that you’re aiming at could make the difference between making a few dollars and making hundreds of dollars in the market. Whether you’ve already started to invest in the market or you’re just thinking about it, read on to find out about stock trading, making money in the market, and hitting your buy and sell targets.

Buy and sell targets

Buy and sell targets are the points in which you want to enter and exit a position of holding a stock with a company. These targets can make you more money or lose you money depending on how close you get to hitting them. For example, if you leave a holding too early by selling stock and miss your target price, you’ll lose money if the stock goes up to your target.

The same thing can be said with buying targets. If you buy too soon and a stock depreciates in value more, you’ll end up getting a stock at a higher price than you would’ve wanted and losing some profit. The name of the game with stocks is to buy low so you can sell high. If you buy low and then sell at a much higher price then you’ll find yourself making a lot more money in the market.

Why are target prices important?

Target prices are important because if you set certain targets then you’ll have a certain idea about how much profit you’ll make. Sticking to these targets will help you actually obtain that profit. If you panic and sell, or buy too early, your profit margins could be messed up or not be as you planned.

It’s best to hit your target prices by staying calm and investing when a stock price reaches where you want it to go. At the same time, investing by trading options is another reason why buy and sell targets are important. Trading options is a contract you make that says if a stock price hits a certain amount, you’ll make more money. These certain amounts are your target prices. If stocks go up (or down) you’ll need to analyze your target prices more closely to make sure you’re hitting them and trading your options at the best time.

Where do you find your target prices?

Your target prices will all depend on your trading strategy. You might receive an alert or a tip that one stock will be dipping into a certain price range for its stock price and think that once it dips you should buy in. This is your target price. If you’re trading options, you will need to invest into your options contract at a certain price and hope that the stock swings to another price so you can make your money and exit at your target price.

It all depends on what your investing strategy is to determine where you can find your target price. Everyone is different depending on what they are trying to do with their portfolios. The best thing you can do is find a strategy that works for you or a mentor that can give you a strategy that has worked for them.

Avoid bonds

If you’re looking at buy and sell targets, avoiding bonds is probably your best bet. Bonds do hold their value over the years. At the same time, it doesn’t make much sense for active investors to invest in. They are more for the mature investor, people who are closer to retiring, so they can secure their money more safely. Bonds do not care as much about target prices or anything like that because people will hold them for the long haul.

Target prices in the future

According to The New York Times, the stock market could be in a bubble but that doesn’t mean it should impact your target prices. It’s best to stay calm and continue to work your investing strategy the best way you know how.

3 Reasons To Use a Coworking Space

Working from home has its benefits. Sweatpants and no commute top the list. Eventually, though, you may find that you are more productive working in an office space. Perhaps you need to hold meetings with clients and need a professional space to conduct them. If this is the case, you should look for a MA office for rent. Coworking offices are perfect for people who telework or have their own business. It allows you the benefits of an office without the need to rent a whole suite.

1. More Control Over Work Hours

When you work from home, you have obligations that can take you away from your work. These may be things like laundry or dog walking and they can be a distraction that can negatively affect your work. Working in an office space removes the distractions and allows you to focus on your work. You can choose the hours you work. If you are more productive late at night, these spaces are available for you to use. No need to clean your work off the kitchen table so your family can have dinner.

2. Networking Opportunities

Although the other people working in a coworking space may work in a different industry than you, there are still networking opportunities available for you. You never know when you might find the perfect person to collaborate with on a project.

3. Cost Savings

There’s no denying that commercial real estate can be expensive. If you work alone or are part of a small team, it may be more cost-effective to use a coworking space than an office suite. These spaces usually come fully furnished, so you don’t need to worry about that expense, either.

No matter how convenient working from home can be, sometimes you need to get away from the bustle and distractions. Coworking spaces offer the peace of an office with many perks.

How to apply for the Coronavirus Business Interruption Scheme – by All Star Funding Solutions Limited


Throughout 2020 and continuing into 2021 many small businesses have been affected by coronavirus. With forced closures, national lockdowns and people spending less, many businesses have seen their income decline over recent months. To offer a level of support, the government announced the Coronavirus Business Interruption Loan Scheme, to help support those businesses that have been affected by this. They also recently announced that the date for applying had been extended until the end of March 2021, to allow more businesses to apply.

Who is Eligible?

In order to apply for a loan from £50,000 – £5,000,000 your business must:

–              Be based in the UK
–              Have an annual turnover of between £200k and £45million
–              Be able to show your business would be successful if it wasn’t for the pandemic
–              Not be in certain sectors (banks insurers, public-sector bodies and state-funded schools)

How To Apply For The Coronavirus Business Interruption Loan Scheme

If you wish to apply for a CBILS loan, first you’ll need to decide which route you wish to go down:

  • Up to 3 years invoice finance facilities
  • Up to 6 years, for loans and asset finance facilities

To start the application process we will need to reach out to one of the 117 lenders that are taking part in the scheme.

The first questions they’ll ask you are how much you would like to borrow, what you intend to use the money for and how long you would like to repay it back.

You’ll then need to show proof that you’ll be able to afford to repay the loan back. This could be via Year End accounts, cash flow forecast, or a copy of your business plan.

The documents needed will depend on the lender and something that they’ll go through with you as part of the process. They’re also responsible for checking the loan is suitable for a business purpose, affordable and right for your current circumstances.

Is A Coronavirus Business Interruption Loan The Right Thing For My Business?

Each business is different and has been affected differently, so the matter of it being the right thing for your business is a personal decision.

If you’d like some advice on whether a loan is the right thing for you or what other type of financial support is available, get in touch with All Star Funding.

We can even talk you through what support is available if you have previously had funding through something such as a Bounce Back Loan.

Applying With All Star Funding

We have been working hard throughout the pandemic to ensure that businesses are able to access any funding and help that they’re entitled to. We’d love to help you get access to a Coronavirus Business Interruption Scheme Loan. We’ll need from you

–              Bank Statements from 1st November 2019 to present
–              A copy of your Year End Accounts
–              A completed application form

Get in touch – UK Businesses only

Please click below or call 0161 8211478 to speak with one of our specialists.

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Finally as members of the Financial Intermediary and Broker Association you can be assured of a great service.

Additionally some of our specialist areas of Finance are:

Asset Based Lending • Asset Finance • Business Loans • Cashflow Finance • Factoring • Invoice Discounting • Single Invoice Finance • Trade Finance • Stock Finance • Credit Insurance

I am discussing all kinds of business and finance topics on this blog and I hope that the information I provide will prove to be useful.