Understanding The Basics Of Individual Voluntary Agreement

An individual voluntary agreement, or IVA for short, is a binding legal document that acts between any unsecured creditors and your business. Indeed, in the event that your financial situation becomes untenable, then an individual voluntary agreement will stop any unsecured creditors from taking legal action against your business, especially relating to the application for and enforcement of legal action, including county court judgements if you fail to pay your debts. An individual voluntary agreement is important because it can help to protect your business assets from seizure by unsecured creditors or from passing your debt onto a third-party collection agency which could incur additional costs. Therefore, if your business is experiencing financial difficulties, then you should understand the advantages and disadvantages of entering into an individual voluntary agreement to prevent your business from becoming bankrupt. Contine reading

Could Building a Lifestyle Around Hunting also be a Financially-Sound Choice?

Living is expensive. The costs for basic living essentials alone (i.e., rent/mortgage and groceries) leaves most of us with a limited disposable income at the end of each month. Add on costs from things like student loans, car payments, and insurance, and we wonder how we’ll ever get ahead in life financially. We ask ourselves how we can begin to build for our futures by building financially-responsible habits such as saving for retirement. Contine reading

4 Arguments in Favor of Moving Your Business towards Document Centralization

Every organization has their own intricate patterns for growth, and each and every department within the company merges together to achieve that growth. This can be illustrative, for example, of an organization operating in the IT sector, which will obviously have a larger customer service department than that of a retail store.

Due to the differences and the individual modular needs of organizations, departments within every company are responsible for storing and managing their documents separately, without the presence of a single unified system of organization. However, problems arises when an organization starts growing and there comes a time when the duties of departments start overlapping. Individuals working across different departments now require access to each other’s files and documents in a bid to remain up to date and aligned with what’s happening across all corners of the company. Contine reading