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Eminado

Active Contributor
Ask Eminado
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16 Questions
Home» Eminado»Answers
  • About
  1. Asked: September 4, 2023In: Money & Business

    Is it important we track our business expenses?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 11:03 pm

    Yes, it's important to track our business because as you said earlier, we all want our business to succeed, tracking our business expenses come with various benefits. Firstly, tracking our business bring financial control, It helps you monitor where your money is going, enabling better budgeting andRead more

    Yes, it’s important to track our business because as you said earlier, we all want our business to succeed, tracking our business expenses come with various benefits.

    Firstly, tracking our business bring financial control, It helps you monitor where your money is going, enabling better budgeting and financial control.

    Secondly, it bring out business decision, It provides data for informed decisions about cost cutting, investments, and pricing strategies.

    Hope this helps.

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  2. Asked: September 4, 2023In: Money & Business

    Can seeking for financial advisor helps manage your finances?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 10:54 pm

    Yes, seeking a financial advisor can be very beneficial for managing a business. A financial advisor can provide expert guidance on various financial aspects of your business, including budgeting, investment strategies, tax planning, and risk management. They can help you make informed decisions toRead more

    Yes, seeking a financial advisor can be very beneficial for managing a business. A financial advisor can provide expert guidance on various financial aspects of your business, including budgeting, investment strategies, tax planning, and risk management. They can help you make informed decisions to optimize your business’s financial health and stability.

    Hope this is brief and sound enough to reach your satisfaction.

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  3. Asked: September 4, 2023In: Money & Business

    How to make a living from your business?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 10:47 pm

    Sure, you can make a living from your business besides the reason for owning a business is to make a living from it and that is the benefits of owning a business. Making a living with your business depends on various factors, including the type of business, your market, your business plan, and yourRead more

    Sure, you can make a living from your business besides the reason for owning a business is to make a living from it and that is the benefits of owning a business.

    Making a living with your business depends on various factors, including the type of business, your market, your business plan, and your dedication. Many businesses are successful and profitable, allowing their owners to make a living.

    Hope this help.

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  4. Asked: September 4, 2023In: Money & Business

    Does business establishment requires skills?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 10:41 pm

    Hey guy, it is important to acquire skills related to your business before starting a business because is often crucial for success, skills relevant to your industry, such as product development, marketing, finance, and management, can significantly impact your business's chances of thriving. HoweveRead more

    Hey guy, it is important to acquire skills related to your business before starting a business because is often crucial for success, skills relevant to your industry, such as product development, marketing, finance, and management, can significantly impact your business’s chances of thriving. However, the extent and type of skills needed can vary depending on your business idea and industry.

    Hope this brief and sound enough to reach your satisfaction.

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  5. Asked: September 4, 2023In: Money & Business

    What will happen if a business owner keeps selling on credit?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 10:36 pm

    It's true that selling on credit can attract more customers and lead to increased sales since it allows customers to purchase products or services even if they don't have immediate cash on hand but there is disadvantage when selling on credit. One of it include strain relationship, this is dangerousRead more

    It’s true that selling on credit can attract more customers and lead to increased sales since it allows customers to purchase products or services even if they don’t have immediate cash on hand but there is disadvantage when selling on credit.

    One of it include strain relationship, this is dangerous because when your customers keep making late payments or disputes can strain relationships with customers and it can potentially harm the business’s reputation.

    Hope this help.

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  6. Asked: September 2, 2023In: Money & Business

    Students with backup from parents, Why still need savings.

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 10:28 pm

    Actually you're not the only person that ask this same question, I once remembered when a friend of mind ask his other friend this same question, throwback to then I didn't really understand why the guy was really eager to save money because his parents were rich, I was shock with what he answered,Read more

    Actually you’re not the only person that ask this same question, I once remembered when a friend of mind ask his other friend this same question, throwback to then I didn’t really understand why the guy was really eager to save money because his parents were rich, I was shock with what he answered, he said that peer pressure and social dynamic is so impressive, even thought his parents usually checked on him, he let me realize that student still need saving to navigate those situation especially peer group influence on their own.

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  7. Asked: September 4, 2023In: Money & Business

    What are the tips to save money when going for holidays?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 10:16 pm

    I save money on holiday my cooking my own meal at home, you know going for holding sometimes you need to take a long trip to reach your destination, so preparing extra meal at home will help save money on food or snacks. When traveling, I do save some money by comparing transport fare to avoid spendRead more

    I save money on holiday my cooking my own meal at home, you know going for holding sometimes you need to take a long trip to reach your destination, so preparing extra meal at home will help save money on food or snacks.

    When traveling, I do save some money by comparing transport fare to avoid spending much on transportation, I do this by researching the price from different station or buses.

    Hope this is brief and sound enough to reach your satisfaction.

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  8. Asked: September 4, 2023In: Money & Business

    Should you allow someone manage your business?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 10:05 pm

    It's not really advisable to let people especially stranger to manage your business but sometimes it happens that letting people manage your business is the only choice left to choose, this happen at times when you grow older or unexpected incident occur. Sometimes people also employ people as managRead more

    It’s not really advisable to let people especially stranger to manage your business but sometimes it happens that letting people manage your business is the only choice left to choose, this happen at times when you grow older or unexpected incident occur.

    Sometimes people also employ people as manager to manage their business, this happen when the body of the company doesn’t have the full knowledge to run the company or business, when it happens this way, the only choice is to employ experience personel to manage your business or company.

    Hope this contribute a little.

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  9. Asked: September 4, 2023In: Money & Business

    How can we make money selling old household items?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 9:58 pm

    You can make money on selling your old household in various ways, this includes going through your home and identify items you no longer need or use, these can include furniture, electronics, clothing, kitchen appliances, collectibles, and more. if you consider selling your stuff on social media, yoRead more

    You can make money on selling your old household in various ways, this includes going through your home and identify items you no longer need or use, these can include furniture, electronics, clothing, kitchen appliances, collectibles, and more.

    if you consider selling your stuff on social media, you can capture high quality photos of your items from various angles to post or update them in your preferable platform to attract customers, you know good images can attract more buyers.

    Hope this help.

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  10. Asked: September 4, 2023In: Money & Business

    What's your own way of saving money?

    Eminado
    Eminado Active Contributor
    Added an answer on September 4, 2023 at 9:50 pm

    Even thought saving has been so complicated this days for me, I still keep pushing and striving harder, so talking about my own method or waybof saving, I literally save my money on bank account with target and that enable me to at least have some certain saving at the end of the month. Saving yourRead more

    Even thought saving has been so complicated this days for me, I still keep pushing and striving harder, so talking about my own method or waybof saving, I literally save my money on bank account with target and that enable me to at least have some certain saving at the end of the month.

    Saving your money on bank account with target really help because when you remember your target, your plans of saving the specific money, you won’t think of using it.

    To answer your question straightly, I save my money on bank.

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