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Month: June 2018

5 Reasons to Invest in Commercial Property

Investing in commercial property is a great idea for anyone who has ever thought that they would love to answer only to themselves while earning a little passive income. Once the property has at least one tenant it will start to generate a little money every single month without any additional input. All that is required is some general upkeep and maintenance from time to time.

So while it is clear that investing in property is a wise move the question is whether it is better to utilise this investment by buying a residential or a commercial property. Usually, for most landlords, it is a much better idea to buy commercial property. Here are 5 reasons why.

  1. Greater Potential Earnings

Investing in a commercial property usually allows for a much greater earning potential than any residential property. This is particularly true in the event that you are able to invest in a commercial property which contains multiple units that can be rented out individually to various businesses. Generally speaking, a well located commercial property will generate around 6% of its value in rent each year and this can rise to as high as 12%. This means that within a decade a commercial property can have paid for itself purely in terms of rent, not taking into account any future profits that may be made in the event of a resale.

  1. Low-Risk Income

If you were to rent a residential property out to tenants, there are always risks involved. You could find yourself suddenly having to deal with failed rental payments or a sudden end to the tenancy agreement. While renting out commercial property is not entirely risk-free, the risks involved are lessened. For starters, commercial rental agreements tend to be a lot stricter than those agreed to by residential tenants. Also, you can divide the risk by having multiple businesses renting separate spaces within the same property.

  1. Reduced Maintenance Work

When renting out a residential property you are effectively on call 24 hours a day and 7 days a week to come and fix one issue or another. This can be subverted by hiring a property management company but that involves incurring yet another expense. Meanwhile, most businesses only operate during regular business hours. This means that any issues are likely to come up and be dealt with at a reasonable time of day rather than the middle of the night. Not only that, but it is not uncommon for a commercial tenant to employ their own professional maintenance team to look after their space and deal with any minor issues that may arise.

  1. Higher Quality Tenants

It goes without saying that the majority of residential tenants are responsible people who will do their utmost to look after the property they rent and take good care of it. Most will be happy to abide by any rules, and when their tenancy does come to an end you will find it has been left in much the same state as it was given to them. However, this is not always the case and there is little worse than a destructive tenant. The fact of the matter is that commercial tenants tend to be even more reliable and the risk of this kind of damage to your property is much less with a commercial rental than a residential one. This is because the appearance of their business matter to their clients or customers so there is a much stronger incentive for them to look after it.

  1. Longer Contracts

A residential tenancy is likely to have a contract that lasts from 1 to 2 years, maybe longer. On the other hand, a business is going to want to keep the same space for as long as possible especially as their customers get used to their location. A residential tenant is always going to be looking to move onwards and upwards and may leave at any time. Commercial tenants need the stability that comes with staying in one place for a long time in order to let their business flourish.… Read the rest


What are the Advantages of E-Payment Systems

If you are keeping up an online business and are putting forth things to sell then you require an e-payment system.

Today item is offered over the web and clearly, this is the place where online payment systems accept a basic part. People who buy things on the Internet like moment results and are used to right away paying for what they buy. Businesses that proceed online exchanges can help their business get more traffic since online clients tend to buy more things because of the effortlessness, settlement and protection offered by secure e-payment systems.

Working of these systems are quite simple. The customer enters in his/her exchange information into the payment gateway and the exchange entry gets the payment elements, by then passes it on to the Merchant bank processor by methods for a safe link. The Merchant bank processor sends the exchange to the Credit Card Network and this sends a payment approval request to the issuing bank of the customer. This bank will approve or diminish the exchange request, by then hand-off the results to the Credit Card Network. This will send back the results to the Merchant bank processor. The results are transmitted to the payment portal. If exchange is approved, the issuing bank will send the trade to the Credit Card Network, which will trade the exchange to the bank of the Merchant.

Advantages of e-Payment System

  • As earlier stated, online purchasers are used to the quick processing of paying for what they buy, so the key partner for shopping on the web is fast fulfillment. Recollecting this, when your online customers encounter inconsequential delays, they will in all probability search somewhere else that recognizes easy transactions on the web. With a safe and easy e payment system, you can make a point to give customer dependability in a minute
  • At whatever point customers buy from your online store, their exchange is right away affirmed, by then sent to your business account and all this ensures security for the merchant. This resolves all kinds of security issues quite effectively
  • This will also help in more sales. Right when customers pay for their purchases with cash or checks, they require sufficient money to immediately pay over the required amount. The people who pay electronic using their cards are given the option to pay for all the more expensive things via installments. Thusly, choosing transactions online can fundamentally bolster your arrangements when the product you offer are costly
  • Allowing exchange online lets you to interface with customers over the globe. With just a single click, your web business store can get exchanges from online customers – in your general vicinity, and in addition from abroad as well

It is evident here to state that you are excited about e-payment systems and for your benefits, different options like CCAvenue, Paytm, PayPal, MobiKwik are there to make your online transactions be smooth, secure and easy to complete. So, choose the one that suits your needs and optimize your e-business quite emphatically.

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