Company In The Country: Rural Business Ideas Worth Investing In

Company In The Country: Rural Business Ideas Worth Investing In

By Jerry Mooney

It’s easy to believe that if you want to start your own business and become an entrepreneur, you have to head to a big city. The successes of Silicon Valley and the power in New York City will always make you feel that way. But, packing your bags and head for the bright lights doesn’t have to be on the agenda for you if you’re a country bumpkin at heart. Because even small towns and rural countrysides need businesses too. In fact, they may often need your ideas, talent, and passion more than some big city does. So if you do want to start up on your own, and you really don’t want to leave your hometown, here are five rural business ideas that could be worth your dime.


Business idea number one is always going to be farming. It’s what a lot of agricultural land and rural areas thrive off of. So don’t discount it. You also don’t have to assume that you have to run a working farm in any particular way. You could choose to go into any kind of farming that you’d like; crop farming, cattle farming – even growing produce or farming fish. You just have to consider what your local area would be great at producing, and what it needs.


Next up, you could consider running a hunting business. Hunting is a huge part of country life, and it can be fascinating to those not used to it. So why not get into the business yourself? By getting your hands on a suitable property, such as those sold by Ranch Marketing Associates LLC, you can get started. Regardless of the kind of hunting you’re used to, you could set it up as an activity style business, with lodge and board included.

Cabin Rentals

The last point leads us nicely onto this one – because a lot of tourists and visitors do want to head out to the country for a mini break or a long vacation. And most of them want a picture-perfect idyllic kind of spot to stay in. So, that makes cabin rentals a hot topic to consider – especially if they’re by a lake and you can offer water sports as part of the deal.

Coffee Shop

If you live in a town that does see a lot of tourism, or you want to move to one, then you might want to open up a coffee shop. This can also work for a town that has a lot of hustle and bustle about it naturally. Because busy towns are full of people that need refueling. If you can come up with your own quirky USP, it will always go down a treat too.

Spa Retreat

And finally, what about a luxury spa? Again, we’re thinking lakeside here, ideally in a remote location, where guests can come to be pampered and switch off under the stars with the sounds of the quiet countryside to soothe them. It might require a bit of an investment, but you should be able to charge a pretty penny for something like this too.

Common Reasons Why A Business Might Dissolve

Common Reasons Why A Business Might Dissolve

By Brian McKay

Businesses fail every single day, it’s sad, but it’s true. In fact, it’s widely believed that nine in ten of all business fail, which is a terrifying statistic if you’re just starting out in business. This figure is disputed a lot, but whatever the true number, there is no denying the fact that a lot of businesses do fail. If your business simply stops trading, you could be considered closed down, but dissolving your business is the legal way to do it, and is recognised by the government. Knowing some of the most common reasons why businesses fail, may help you to avoid your own going down the same path. With this in mind, here are some of the most common reasons why a business might dissolve.

  1.  Retirement

A very common reason why a lot of businesses dissolve is that its owner has decided to retire and didn’t have anyone to take over for them. This usually happens because the business owner doesn’t have any family to pass the business down to and doesn’t want to leave their business in the hands of an “outsider”. However, they could have family, but don’t feel as though they can trust them with the business. Whatever the reason, the decision to find out how to dissolve a Limited Company is sure to be a difficult one, especially if the business was passed down to them from family.


  1. Poor Accounting

If you don’t have much experience dealing with finances, then owning a business is sure to be a difficult task. You need to know where all of your money is going and coming from each and every month, or you could risk losing money. You also need a plan for times when you don’t have as much money coming in as you need. If you don’t have much accounting experience, you might want to consider hiring an accountant to help you out.

  1. Low Income

Very few businesses can survive without any money at all, and no business can do it for very long. Your low income could be because of any number of reasons, such as poor accounting,  a defective or mediocre product, or bad marketing. If you don’t have much money coming in, you may decide that it’s best to dissolve your business before you get yourself into too much debt.


  1. Poor Management

It may sound harsh, but sometimes a business failing has no cause other than poor management by its owner. There are so many things that a business owner can do that could jeopardise the success of their business. For example, a lot of businesses fail because the owner tried to grow and expand too quickly. This expansion could put a strain on the entire business, causing it to lose more money than it’s making. The owner could also have little experience running a business, so don’t set proper goals or manage the books.

No one wants their business to fail, but sometimes it’s unavoidable. Hopefully, the information above can help yours to avoid failing too.

3 Tech Strategies You Can Use to Earn and Save More Money

3 Tech Strategies You Can Use to Earn and Save More Money

By Lina Martinez

We will all use technology from the moment we wake up each day. But in many cases, we aren’t always using technology in our lives as much as we could do. It is not necessarily meaning that you need to sit scrolling through your social media feeds more everyday. But more about how wisely you are using your tech. It can do a lot more for you than you think. If you’re looking to make money or are in a management position in your career, then using tech can have a massive impact on your personal and business capacity to make money.

So while there are many ways that you can use tech to help your finances, here are a few of them that you can start implementing today to help your bottom line.


Track Your Finances

Saving money is something that we all strive to do, but in many cases, it is so much easier said than done. But sitting and budgeting can be time consuming, which is where tech can come in to help you. There are so many products out there that make budgeting and tracking finances much, much easier. Using something like Mint allows you to have all of your finances, cards, and and loans in one place to track. Then monitoring it all can be much simpler, as many of us will have different accounts with different banks and lenders.

Tell You What To Invest

Saving money is a really good habit to get into. But if you’re just letting that money sit in your bank, then you aren’t going to get as much for it as you could elsewhere. So if you have some saved up, you can use technology to help you when it comes to investing. From checking stock ratings to getting the expertise from those that are more experienced than you, there are sites and apps to help you do just that. Stocks can be a good way to make some money when done well and timed right. But regardless of how you choose to invest, you just need to make sure that your money is working for you, rather than sitting there doing very little.

Selling Products or Services

At work or at home, I bet we all use tech to buy things from other people. Using a store’s app is a quick way to make a purchase, as well as looking what competitors are doing. But you can be using tech in the same way, to sell what you have. Or if you’re able to be selling but don’t have anything to offer, then you can always do it on behalf of a company who will pay you to sell for them. Marketplaces are cropping up regularly, so if this kind of thing is for you, then make sure you check it out.

Another way that you can make money through selling is by using affiliate marketing. The size of your business will depend on what you can make, but something is better than nothing, right? By sharing something you’ve bought and loved, it can create a small income for you too if people buy the same. Technology working at it’s finest!

Isn’t It About Time You Gave Your Business Its Annual Health Check?

Isn’t It About Time You Gave Your Business Its Annual Health Check?

By Lina Martinez

Having already built a successful business, it would be easy to assume the hard work is finished. However, a truly successful company is one that’s geared towards sustainability. As such, ensuring that the operation continues to run smoothly is key.   

No business venture is perfect, which is why you must always look to correct mistakes and improve your shortcomings. Unfortunately, doing this is impossible unless you are willing to analyse the current situation. Giving your company an annual health check is essential for ongoing success, and here’s how to do it in style.


Staff Productivity

Clients may be the most important people in the business. Before worrying too much about them, though, you must focus on maximising staff productivity. Firstly, if you take care of them, then they will take care of the customers. Given that their input also influences everything from assembly to zone pricing, you’d be a fool to overlook this factor.

An effective recruitment drive should sit at the heart of all operations. It should include analysing personality traits as well as skills and experience. Meanwhile, maintaining high spirits is another crucial responsibility for all business owners. Simple gestures like having a coffee machine can make a world of difference. Likewise, investing in perks such as healthcare and gym memberships can work wonders.

Communication is another vital element. Team building exercises can have an immensely positive impact. More importantly, investing in the right tech facilities is vital. Cloud computing, team messaging Apps, and conferencing tools can all take your business to the next level. Time is money, and making yours work harder is key.

Commercial Surroundings

Business premises aren’t just somewhere to work. They provide the foundations of the entire company. Naturally, a great geographic location can actively aid the company’s presence as well as foot traffic in stores. Regardless of where you operate from, however, the most important thing is to build positive surroundings.

Cleanliness is the first factor to consider. Poorly kept work arenas can encourage illness as well as growing physical damage to buildings and business assets. Aside from cleaning the internal office and shop floor spaces, you should use drain cleaners to create a safer and more appealing place of work. On a similar note, treating external areas can make a noticeable difference. Whether it’s painting the walls or adding plants, those impacts should not be ignored.


Good organisational and design skills can create a better working environment for staff members. Furthermore, it encourages brighter responses from the customers. Bright colour schemes, increased lighting, and a generally positive atmosphere won’t go unnoticed. If those tweaks can fit in with the brand’s ethos too, you’ll be onto a certain winner.

Online Presence

In today’s modern business world, there’s no escaping the need for a strong web game. The online audience is bigger than ever while users now consume content on a daily basis via their smartphones, laptops and tablets. Even if your venture doesn’t rely on internet sales, it cannot ignore the need to stand out from the crowd.

By now, you should know that a strong SEO strategy is vital for increased organic traffic. Familiarising yourself with the methods for a localised presence should be one of the top items on your agenda. On a similar note, all social media streams must use images with the right dimensions while the content posted should always stay on brand. Otherwise, you could inadvertently alienate some of your audience.

The website needs to look and navigate well too. Finally, if selling via your site, the ecommerce facilities need to be of the highest standard. Get all of these items right, and your online strategies will look better than ever.   

Customer Satisfaction

Every business sets out to provide customers with the right products. In truth, though, client expectations are far more complex. If your business wants to go the extra mile for increased sales and loyalty, adapting its approach to customer care is essential. Ultimately, a happy user isn’t just likely to come back for more. They’ll additionally spread the word to friends and family. Given the power of recommendation, you should be eager to gain those benefits.


All clients want value for money, regardless of financial backgrounds. Loyalty schemes, special offers, and freebies are all obvious gestures. However, you could also review your approach to social media. A blog, for example, gives them free hints and tips that can enhance their experiences with your products. Another simple solution is to simply ask for their feedback, and use those responses to give them the service they crave.

Above all else, you need to ensure that your products give them the winning emotional reactions that confirm they’ve had their money’s worth. Failing to do this might not stop you from getting sales right now, but it will do once your competitors take advantage.

Overhead Control

Ultimately, everything you do in business should be geared to generating a profit. Increased revenue is a crucial factor, but only signals half of the battle. In terms of the operational ongoings, keeping a close eye on your spending is a major responsibility.   

Wasted money is the biggest sin of any business, but it’s very easy to overlook those issues without the right analysis. Accounting shouldn’t be an annual task, especially as computer software makes it very easy to stay on top. Meanwhile, establishing a budget can be beneficial as you look to take a more responsible approach to business management. If nothing else, the improved organisation should reduce the threat of unnecessary expenses. These could be related to late payments or simply making bad decisions.

It’s worth noting that shopping around can generate huge savings too. Price comparisons can save money on a whole host of features, especially ongoing services. This will keep the business in far greater health.


The Final Word 

In truth, your business is probably operating OK as things stand. However, there’s always room for improvement. Appreciating this factor is the hallmark of a winner. Make those upgrades today, and your business will reap the rewards tomorrow.

Could A Simple Budget Be All You Need To Stay In The Black?

Could A Simple Budget Be All You Need To Stay In The Black?

By Brian McKay

Be honest. How much do you know about your current financial situation? When was the last time you opened a bank statement or had a good look at your accounts online? Do you know exactly how much you earn each month, how much you spend and whether or not you’re in debt? Many of us try hard to stay hard in the black, but this is not always plain sailing. If you’re worried about your finances, it’s worth taking time to draw up a simple budget. It sounds dramatic to say that this could change your life, but it’s so important to have an accurate view of what’s going on in those accounts and how much you can afford to spend. If you don’t have a budget, you’ve come to the right place!

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The basics of budgeting

Budgeting is a technique, which helps you to plan how you’re going to spend your money and enable you to keep track of payments that are coming into and going out of your accounts. In the simplest form, a budget is two columns of numbers. One represents money coming in, and the other represents your expenses. In order to stay afloat, you need to find a balance and make sure that you haven’t got a deficit between your income and your outgoings. If you’ve never done a budget before and you tend to just hope for the best, being a little more organized could have a really positive impact on your financial situation. There are several different ways you can budget including using apps and spreadsheets or resorting to old-fashioned pen and paper. You’ll find sites like WiserRobo helpful, especially if you’re looking to use budgeting techniques to try and save or make more money. Once you’re used to budgeting, it will become a way of life, and you’ll probably wonder how on earth you managed before you started crunching numbers and paying attention to your statements. When you are doing a budget, it’s useful to have a list of payments that you make on a regular basis and one-off expenses you plan to cover during that specific time period. At Christmas, for example, you may find that your additional expenses are much higher than normal.

Why budgeting is so important

When you carry cash, or you’re making contactless payments on a daily basis, it can be really difficult to keep track of how much money you’ve spent, and this can easily lead to overspending. If you’ve got no idea how much disposable income you’ve got per month, there’s every chance that you’ll end up spending cash that should actually be earmarked for something else. Budgeting doesn’t take long, it’s easy to do, and it can have an incredibly positive impact on your finances. With a simple budget, you know exactly what you can spend, what you can save and what you’ve got to pay for in the coming weeks or months. You can identify potential pitfalls, such as a shortfall in the run-up to the holidays, and this can help you plan ahead and prevent unexpected surprises.

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If you don’t already work to a monthly budget, now is the time to get organized and start figuring out those numbers. You won’t regret it!

Debunking The Biggest Myths About Your Credit Score

Debunking The Biggest Myths About Your Credit Score


By Lina Martinez

Credit scores are one of the most talked about topics in the financial world. Consequently, there tends to be so much information about them online. Sadly, a lot of this information is more fiction than cold hard facts. As a result, we’ve decided to take a look at the biggest credit score myths, and debunk them once and for all.

A Bad Credit Score Stays With You Forever

Some people are led to believe that a bad credit score stays on their back forever. There are numerous examples of people I know that have worried about applying for credit because they once had a very bad credit score. Is a bad score in the past something to worry about in the present and future?

Truthfully, no, it really isn’t. A bad score will only hurt you in the present moment, for as long as it remains bad. As you can see on, there are loads of ways you can improve your credit score. It’s something that fluctuates over time depending on your financial behaviour. If it was once bad but is now good, then you don’t have to worry about the past at all. When you have a credit check against you, they’ll only look at your current score and nothing else.


Your Credit Score Is Based On Applying For Credit

Many of us believe that a credit score is made up simply by looking at our credit applications. People will tell you that the more credit you apply for, the lower your score will drop. There’s a lot of truth in this statement; your score does drop when you apply for credit. This is simply because applying for any form of credit is seen as a potential financial risk. People that rarely apply for any credit and owe very few people money will generally have better credit scores.

However, this isn’t the only thing that your score is based on. There are many other factors of your financial activity that come into play. If you visit, you’ll see a whole list of other things that combine to make your credit score. This includes things like bankruptcies, payment history, debt, and so on. So, no, your credit score isn’t solely based on your number of credit applications.

You Need A Good Credit Score To Get A Loan

Incorrect, well, partially incorrect. There are some loans out there that do require you to have a good credit score. Furthermore, some lenders only give out loans depending on how good your score is. For example, it’s rare to find a bank that will hand out a mortgage to someone with a bad score. So, in this instance, you do need a good credit score to get a loan.

However, saying this is the rule for every scenario is just plain false. You can still get various loans even with a bad credit score. If you visit, you will see that debt consolidation loans are available to people with bad credit. There are personal loans, car loans, and a lot of other loans available as well. Mainly, it depends on how much money you’re borrowing, and the lending institution. Typically, you won’t be able to apply for as good of a loan with bad credit compared to if you had good credit. But, the fact remains, you can still get loans with a poor score.


You Can Damage Your Score By Checking It

Checking your credit score is a normal thing to do as you’re keen to know the state it’s in. This isn’t something you get in the mail every month or see on your bank statement. You have to actually go out and check it. Some people believe that doing this will damage your score and lower it. However, this is only true if you check your score in the wrong way.

The right way to check your score is to do it through a credit score checking service. This won’t hurt your score at all, and you can do it as often as possible. The wrong way is to check your score by applying for credit. As mentioned earlier, applying for credit can lower your score slightly. But, most people will only ever check their score when they apply for loans, and the lender does the check for them. Don’t do this as it will hurt you. But, use the right credit checking services, and you can see where you’re at without worrying about damaging your score.

People With Low Income Will Have Bad Credit Scores

Another very common thing that’s thrown around is this idea that having a low income will automatically grant you a bad credit score. This is built around the ideology that the more money you have, the better your credit score will be. Like a lot of the things on this list, there is some truth behind these claims. For one, having more money means you’re less likely to be at risk of certain factors that lower your credit score. As an example, you might be clear of any debt, and you may not be applying for lots of credit. Both of these factors could apply to poorer people who may depend more on credit and be in debt.

Having said that, there are many instances where someone that earns a low income has a better score than someone that earns way more than them. It all boils down to money management and how good you are at it. You can earn minimum wage and be so good at saving money that you’ve got no debts, don’t depend on credit, and pay all your bills on time. The myth here is that your income affects your credit score when it simply doesn’t.

There’s a high chance you believe a lot of the things mentioned in this list. Hopefully, this article has helped clear everything up and present you with the facts. Yes, there is some truth in many of the things suggested here. However, a lot of the time, they’re generalizations that don’t apply across the board. Use this post to help you understand credit scores without worrying about fact or fiction.


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