Should You Invest In Silver Bars Or Coins?

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In case you are a beginner investor, and you wish to start investing in precious metals such as silver, you should know how to start and what to do. The first consideration that you have to make understands the difference between silver bars and coins.

It is not that simple to answer the questions about silver bars or coins, mainly because we cannot provide you a concrete answer to it. You can easily pick one over the other, and you will still have to handle the specific advantages and disadvantages of both of them.

When searching for silver coins for sale, you have to be aware of your current situation, budget capabilities, and goals before you decide anything.

The only similarity these options feature is the silver that you wish to invest in since it has the great advantage of the paper money. Silver coins and bars are an excellent solution for the perfect investment because their price will remain consistent for a long time.

Since the paper currency tends to fluctuate, investing in them will feature riskier solutions, and you will enter the volatile market, which is affected by both financial and political factors.

You will always be able to resell gold and silver, and you do not have to stray and change the original price. That is the main reason why most investors tend to switch part of their wealth into precious metals so that they can protect themselves against a market crash.

Since we live in the age of economic uncertainties, you will be able to rely on these metals so that you can get the perfect investment in general. 

The Difference between Silver Bars and Coins

Coins feature legal tender, which means that you will be able to use them so that you can pay your debt, for instance. On each side of it, you will notice the specific design that tends to change based on the year and amount of precious metal inside.

Government mints are making them, and you will be able to enjoy in face value, which is stamped on the front, while their weight and purity are on the reverse.

The main disadvantage of owning coins is that you have to pay a hefty premium when compared with bars, especially if you are buying from a certified dealer. This is due to numerous reasons, such as rarity, collectability, and many more.

However, they are simpler to collect, and you will be able to use them for numerous purposes. During the times of crisis, you will be able to sell them with ease, which makes them liquid when compared with bars in general.

On the other hand, bars are rectangular and thin parts of precious metals that you can find in almost any private mint that produce them. Even though they do not feature the ability to pay debts with them, you will still get a worthy investment that will pay itself off in time.

Therefore, when you own bars, you will … Read More

Restaurant Management: How to Ensure a Great Start

While there is no denying how enriching and rewarding it can be to run your own restaurant, it can be a miserable experience if you are unsure about what you are doing. After all, a start-up company is vulnerable to plenty of beginner’s traps – and a start-up restaurant is no exception. Sometimes, all it takes is a single bad review from a disgruntled patron to cause everything to come crashing down.

That said, there are ways to help alleviate some of the issues and make an excellent first impression. You do not have to risk trial and error, as you have plenty of opportunities to learn from established restaurants. Here are a few ways to ensure you have a great start!

The success of your business will depend on your employees

While the same can be said about most industries, it applies to restaurants more than most. How much your customers enjoy their meal and your restaurant’s service will depend primarily on your employees – which means that if you do not treat them right, it will reflect on their behaviour. You can help make things easier for you and your staff by adding incentives for working hard. While some might consider it an optional route for a start-up, it makes much more of an impact than many might realise.

Adding incentives to work hard means that you are encouraging those who work under you to do their best. By acknowledging and compensating their hard work, it will motivate them to try even harder. You can bet that your clients will enjoy themselves thanks to your efforts.

Do not be afraid to make changes to your menu

There are too many restaurant owners out there who are unwilling to sacrifice the theme of their list to make positive changes. While it might be fine for established restaurants, start-ups do not have that kind of luxury. A great place to start would be the ingredients that your establishment uses. It would be wise to add at least a single dairy alternative, to ensure that those who have health issues with dairy can still enjoy your food. By setting up a social media account, you can study the feedback of your customers, which will undoubtedly help in making positive changes to your menu.

Your utility bills must always be taken seriously

If there is a way that can help you save money on utilities, it is always worth the effort to give it a try. After all, if a start-up restaurant makes a mistake and ends up with a contract that puts them at a disadvantage, it is only a matter of time before your establishment buckles under the weight. Business gas prices are always to be taken seriously, which means it would be a good idea to read the fine print in case there are hidden charges.

Trying to maintain a start-up restaurant can be a harsh experience due to the sheer number of competitors in the market. Focusing on … Read More

Why Chauffeur Service Is A Good Option To Rent A Car In Dubai For Business Owners?

Wanna rent a car in dubai along with a driver? If yes then chauffeur service is the best option for you to avail. Chauffeur service is a type of car rental in which the driver included along with the car. Let say you are a businessman, who is visiting dubai for a business trip and you have to stay for some time here. In this case, how you can move around the city as you don’t own your car. You also don’t know the roads, places and good restaurants to eat. Chauffeur service dubai is the perfect answer to overcome all these issues.  

Most of the luxury car rental companies in dubai offer chauffeur services per day, weekly and monthly basis. You can also get a customized plan that will perfectly suit your needs. According to dubai law, you need a six-month valid driving license in order to drive a car or if you are a tourist then you have to show your international driving license. But business owners who visit the city just for the business purpose they don’t have time to waste in dubai terrible traffic. So by renting a car with a driver enable them to move around the city with much freedom. 

Types Of Car You Can Rent

You have an option to rent a luxury or executive car with a driver. Cars like Audi 8, BMW 7 Series, Mercedes Benz S-class are some of the choices in sedan. But if you are coming with a group of more than 5 people then you can go for bigger cars or vans like Toyota Previa and Honda Odyssey that can entertain 7 people along with the driver. Suv’s like Toyota Land cruiser and Cadillac Escalade are also in great demand in the luxury car rental dubai market. Economy cars are not allowed by the driver to protect the service ambiance. 

Can You Acquire Chauffeur Service On Long-Term?

Yes, you can and register chauffeur service companies give you different rental plans that tailor to your needs. In your contract, you need to ask questions like the duration of the contract, how many hours you need service per day, what type of car you need and insurance documents. You will get a good discount if you book the service in advance and on a long term basis. 

There are some great benefits of chauffeur service dubai that makes it a perfect choice to opt for your business trips. 

Saving Time

They are lifesavers, As chauffeurs are professionally trained drivers and they know the city very well. They also know all the shortcuts and understanding of roads with terrible traffic load. A chauffeur will make sure that you will always be on time. If you live in dubai, you already know that finding parking is a big headache, but once you have a private driver, you don’t need to think about it. Here You can hire Chauffeur Service Dubai that helps you in saving your time. 

Comfort And Protection 

As … Read More

How to Prevent Monetary Loss in a Restaurant Business

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One of the most common problems that restaurant owners face is employees stealing from them. Even if you claim that you know and trust your employees well enough. Workers can still get tempted to take some of the money in the cash register or steal some of your bulk olive oil supplies in the pantry. You can never predict this kind of scenario which is why it is crucial for you to always be on the lookout in your business. 

One of the reasons employees steal from a business is because they can get away with it. It means that the company lacks security and has an imperfect process. If any of your employees do this to your business, then you will most likely end up filing for bankruptcy in just a matter of time. So, here are some tips to prevent financial loss in your restaurant business.

You should have records of all your sales

Running a restaurant business can take up a lot of your time. However, this should not be an excuse for not knowing your daily sales figures. It is an excellent idea to invest in a POS system that can efficiently monitor all the food and drinks that are being served to customers. Also, be careful when it comes to cancellations of orders. Not all employees should have access to void sales. A manager or supervisor should only have access to change them in the POS system. 

Limit your freebies or giveaways

It is usual for restaurant owners to give freebies or items to lucky customers. However, if you do not put a limit on these giveaways, there could be a possibility that it can end up in the wrong hands. Employees can keep the freebies instead of giving them to deserving customers. There are even cases where they sell the freebies for a lower price so they can earn extra cash. 

Conduct an inventory before the end of each working day

One of the most challenging things to monitor is kitchen stock and ingredients. There are cases where several employees try to steal ready-made food products like milk, meat, spices and cheese right from the supplier’s delivery truck. Since the restaurant is a bustling place, it can be quite challenging to monitor everything in real-time. So, it is best to regularly conduct a quick inventory of all the ingredients that are used for the day. All employees should be held accountable for the losses in the restaurant. 

Install CCTV cameras, especially at the counter

One of the most vulnerable areas for fraud inside a restaurant is by the cash register. Any employee can get tempted and steal some cash without anybody seeing it. They can also take a customer’s credit card information and use it for personal gains. It is better to be safe than sorry. Protect your business, employees and customers by installing CCTV cameras. 

Lastly, take into consideration hiring a security guard to look after the entire restaurant. 

Image: https://pixabay.com/photos/breakfast-food-eating-meal-morning-690128/Read More

Why Dubai Is The Best Place To Setup Your Business [My Take]

Dubai is one of the best places when it comes to setting up a business because of its business-friendly policies. Dubai government offers tax-free business setup that encourages investors to invest in the city. One more thing that is also a deciding factor to come into dubai for investment is greater profit. As dubai, it has become one of the fastest markets not only in the middle east but also in the world. According to the UAE government, there are more than 180 country nationals lives here that make dubai a potential market to invest the capital. But as a newbie what you can do if you don’t know anything about business set up procedure here. Business setup services in dubai are your only option to choose. You need to hire a company that knows all about the business setting process and procedure. 

Dubai is a place where everything works under the law and you can’t set up anything without acquiring a license. In general, UAE offers 30+ free zones in all of its 7 emirates and dubai is a hot zone when it comes to business. In this article, I will discuss the reasons why business enterprises choose dubai to expand their business endeavors. All In All, Whether you are looking for company management services in dubai or offshore company formation services you are in the right place to get the answer. 

Advantages of Setting Up Business in Dubai

Dubai offers endless opportunities and benefits to all investors. When it comes to set up business here. Things like the flexible tax system, location, progressing economy are some of the advantages that any business needs in order to flourish. Here you can consult for the business setup from the leading Business consultants in Dubai.

Fair Tax System

If you ask any businessman, they will tell you that tax system is the most discouraging and annoying part of every business. Because business wants to make money and if they have to share the most chunk of their profit as tax, they likely don’t want to do business there. Dubai government ensures a flexible tax policy to all business holders that appreciated by all businessmen. Dubai offers 0% tax on companies and this is the reason companies love to do business here. Contact any business set up service provider in dubai for updated tax policies. 

Strong and Progressing Economy

Dubai is the fastest-growing economy in the whole middle east. This is due to friendly policies, a peaceful environment and investor’s trust in this emirate. According to experts, UAE demography consists of young, educated and skillful. These youngsters are the future architects of this region’s prosperity and stability. 

UAE Geo Location

Geostrategic location of dubai is perfect, all Asian, African and middle east markets are nearby. This is the main reason companies set up their headquarters in dubai to manage all these regions. 

Easy Business Setup

Company formation in dubai is super easy and you can up and run your business in … Read More