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How to get funding for a business

Introduction

There will be time when you need to raise money or get a new financing round in business. There are many ways to invest cash into your business, but debt or capital is the two most common. Both are very different, and you can see which one is right for your business. Let’s dig deeper to understand and simplify the process. You should know how to raise funds for a business.

Debt finance is the process of borrowing money from a lender and paying it back with interest over a period of time. The most common way to raise debt is to borrow from a bank or NBFC. Debt lending is a common way to raise money for millions of companies across the country. When you collect money through a loan, you haven’t let go of any stock in your business, which means your property remains intact. This makes loans a popular option among borrowers. After all, in addition to an innovative business idea, new businesses depend on financial resources to make their expected rapid growth sustainable. Of course, the amount of capital a company needs depends on the business model. But where did the funds come from?

In addition to traditional creditors such as banks and state institutions, several sponsors nowadays specialize in financing new businesses.

Top funding options apart from a traditional bank.

Crowdfunding

The concept of crowdfunding is very similar to mutual trust at a basic level. This option involves multiple investors and offers a fixed amount based on business ideas, goals, action plans, and profitable plans. All you need are people who believe in your business ideas. This is one of the easiest ways to raise money without a loan.

Consider Self-funding

Commonly known as bootstrap, this plan is an ideal action plan when it is difficult to convince others of your business ideas and visions. Investors often seek traction before investing. The first self-financing round allows you to demonstrate your thoughts’ feasibility and build investor confidence in the new round of financing.

Bootstrap is an excellent idea for startup financing, especially if your initial business requirements are small. It also gives you the freedom to be your boss. You can’t answer anyone, which also allows you to control your income growth.

Private Lending

In addition to the funding options mentioned above, private lending can be a viable option for businesses seeking capital. These are often individuals or investment groups that offer loans with terms and conditions that can be more flexible than those of traditional banks. This can be particularly appealing to startups or businesses with unique funding needs who might not meet the strict requirements of banks.

Some platforms that connect borrowers with a private lender are adopting a “”people-first”” approach, emphasizing transparency, personalized service, and a focus on building long-term relationships with borrowers. These platforms can be a good starting point for businesses exploring private lending options.

Get in touch with the Venture Capitalists.

Venture capitalists, a safe destination for big bets, offer professionally managed funds looking for funding for startups. The best part of venture capital investment is the experience and follow-through they bring. Venture capitalists usually invest in stocks, and they leave when a company initiates an initial public offering or is acquired.

Venture capitalists often look for startups with sufficient traction and a strong team. However, if you choose to raise funds from venture capital, be flexible enough to be informed and accept scrutiny.

Try Angel Investment

Cash surplus people invest in promising startups and try to gain market share when they reach their potential. They can work alone or collectively in a network to find new companies with great potential. This funding option has a business mindset that wants you to be interested in your success and expect up to 30% equity.

The investors for startup are expected to be of high interest and low investment compared to venture capitalists. Still, it’s important to remember that even Google, Yahoo, and Alibaba were the result of angel investing.

Borrow vs. fundraise: which is best for your business.

Fundraising

Advantages

Finding an investor may be a better strategic move to help you grow your business, Des Marteau said. Investors often offer more than just capital. They may have business connections, manufacturing capabilities, distribution experience, etc. He was inaccessible by other means. If that’s what your business needs, you may also be able to receive a much more considerable amount from a venture capitalist or angel investor than from a loan.

When using a crowdfunding route, unlike certified equity investors, entry barriers are much lower than getting a loan. Instead of going through a lengthy application and credit check process, anyone can launch a crowdfunding campaign with just a few clicks. This is also a wise option if you need to raise a small amount of money. Both commercial lenders and investors tend to negotiate large amounts of capital.

Finally, financing works for businesses at any stage. On the other hand, most lenders’ “business hours” requirement eliminates startups that need to procure seed capital to get going.

Disadvantages

One of the most significant drawbacks of equity financing is the need to relinquish ownership of the business. According to Chan, investors are more likely to maintain a larger share of earnings than mortgage repayments and often seek in-house decision-making power as part of their stock.

Consumer crowdfunding sponsors may not demand fairness, but these platforms usually have low success rates, and campaigns take a lot of time and energy to raise money.

Borrow

Advantages

Loans are one of the most profitable ways to fund your business. When you get a loan through a bank or SBA (Small and Medium Business Administration) lender, the interest rate is usually lower than a personal loan. You can also enjoy some tax incentives. Taking a loan also allows you to increase your business credit score when you repay the loan.

Disadvantages

The application process is very long if you consider getting a traditional bank loan or an SBA bank loan. You often need to meet a long list of prerequisites, including being an established business rather than a new company. Mr. Chan also pointed out that the loan also means that if the loan cannot be repaid, there is a risk of losing collateral.

Benefits of alternative funding

Alternative lenders often charge a higher interest rate for their convenience, although the approval and financing process is usually much faster. Evan Singer, general manager of SBA loan provider, is beneficial in the easiest business loan. It helps in a pinch. They might not be a good long-term strategy because of the highest rates. I warned you.

Rapid application process.

It can take weeks, or even months, for a bank to confirm a loan application. Also, disagreements and concerns about collateral valuation (because banks usually underestimate collateral to reduce their risk exposure) can slow down the process.

At the other end of the speed, the spectrum is alternative financing. Evaluating an application typically takes a few days, or up to a day for National Business Capital & Services.

Access to unsecured business finance solutions.

All bank loans are secured by business and personal assets. This is not always the case with alternative financing, where many financing solutions are not guaranteed in approval of business loan. For example, National Business Capital offers unsecured working capital loans, credit lines, and Merchant Cash Advances.

Impairment or lousy credit approval.

Banks claim good personal and business credit scores. The latter is especially problematic for some applicants who don’t even know they have a business credit score in the first place.

Corporate financing through a capital increase

One way to raise money for your company without going to the bank is to decide to increase your equity capital. This will allow the entry of capitalist partners who will fund the company to exchange shares or participation.

Before publishing your capital increase offer, we recommend that you first research and elaborate on the amount of funding you need and then adjust the offer to your financial goals.

One way to do this is to use Equity Crowdfunding, which follows the same system as crowdfunding, with the difference that investors receive shares in the lending company. This allows the company to raise funds.

Tips for finding the best funding options

Financing to companies by factoring

This is one of the more common ways to raise money among large companies than small businesses. Therefore, this is a way to proceed with collecting company invoices without resorting to commercial discounts.

Corporate financing through venture capital

If your company is a startup with high growth and innovation potential, this is one of the best options for raising private funding for entrepreneurs. Venture capital is a company managed by so-called general and limited liability companies responsible for the funds raised through private investors.

Financing to companies through IPO

This is a financing tool for large corporations, as it requires a minimum of € 1.2 million in capital to do so. If your business is listed, it will be an important way to raise money for your business.

Funding my company with public assistance

Before assessing a company’s financing through this option, remember that the aid or subsidy is a public incentive, not the source of funding itself, as the subsidy rarely fully covers the project’s entire cost.

Conclusion

Financing is an essential aspect of realizing your business vision. Funding and financing are both basic modern business scenarios that support the growth of startups startup. The first round of funding, commonly known as seed funding, forms the basis for financing. Series A, B, and C funding rounds follow. Seed funding usually refers to the essential initial funding round, but Series A, B, and C differ in the business’s maturity and investors’ types. Financing the series will help you evolve your start-up into a full-fledged organization by supporting it with the funds calculated in crucial steps.

5 lessons you can learn from some of the world’s best businesswomen

A businesswoman is defined as someone who is actively involved in the business world. She is responsible for undertaking activities, whether commercial or industrial, to generate cash, sales, flow, etc. Many great businesswomen worldwide work in an important position in a company or who own their own company. Nowadays, businesswomen are much in demand, and almost every country has top businesswomen with them. Many young businesswomen stepped into the business field at a very young age and still are doing wonders. Still, at the very same time, some businesswomen have been excellently ruling their businesses from the past.

5 lessons you can take away from some of the most successful businesswomen in the world

1st lesson

The first lesson to learn is always to put yourself first. We have always been that serving is one of the top characteristics of good businesswomen but along with this one of the most things which we are unaware of is that we only try to instruct our employees about what to do rather we should always think and start asking what it is which we can do to help them.

2nd lesson

First, Impressions are powerful and are long-lasting. This is the second lesson which we need to learn. We should always keep in mind that first impressions are everything and are very long- lasting in anyone’s mind. Starting from the greeting, the handshakes and the presentation, everything you do should be formal so that the other person feels valued and respected. Whenever in a meeting, walk with full confidence from the door and give it your best. In this way, your first impression will be much powerful and empowering.

3rd lesson

Don’t concentrate much on what you say. Rather concentrate on how you say it. Even if you are pointing a mistake at someone in front of them, try not to shout a raise your voice against them. The use of a positive tone of voice or a negative response might influence the other person’s thinking. Your reactions and behaviour matter more than the actual words which you say in the office. Whatever you want to say to your employees, clients or anyone present in the office, you should always come to your anger and talk politely to everyone. This is the key to maintaining good relations in the office.

4th lesson

It is completely ok for the leaders to work in the business. A good businesswoman does not think if she is just a leader or mentor and should not do the employees’ work. In challenging circumstances, be certain that you and your staff put out their best effort to help your company flourish. Always think your business to be small so that it grows bigger each day. And if you start thinking that your business is already in a good state and has already achieved many things, then your business might grow small.

5th lesson

Stop comparing yourself access with others and start focusing on building your business more. You can surely learn more from others, but once you start comparing the success they have, the new might get discouraged, and your good going business can get worse. Learning from other companies or even from your employees to better your business should always be done. You need to stay focused and work hard and make your business better each day.

The above mentioned are the most important lessons that every business aspirant should know and learn to be successful like these businesswomen.

How Women Successfully Perform Home Based Business

Home business refers to a small business that operates from the business owners’ home—the number of employees in-home business isis very small in number. Usually, the immediate family of the business owner, and sometimes it is also called a family business. Many people want to have a home business as they cannot go outside and work. We got plenty of the best home business ideas for those people, and a few of them are listed below.

Home-based business ideas for women –

1. Blogging
When it comes to home-based business ideas for women blogging is the first in the best picture which comes to mind. The advantage of blogging for most women is that They get flexible hours for work As per their convenience. Blogging is not much difficult to do, and You need to create a website of yours and start writing articles about your favourite things. You can include many items in your blog based on your interest, such as you can start with food blogging, Beauty blocking, travel blogging etc.

2. Freelance Writing
Freelance writing is referred to as the practice of writing for earning money. It is working on one’s own and not being employed by a company. The freelance writers considered their clients need and create a written text according to that. Working as a freelancer can either be working from home or also from a rental office space. The money the freelancer charges depends on the amount of work they will have to put into the project. The amount may vary according to work done.

3. Social Media Influencer
A social media influencer has an active account in any social media platform and has established credibility in a specific industry. Is social media influencer access to a large audience and achieve this by maintaining an active online presence on their social media accounts. Many social media platforms such as Facebook, Twitter, YouTube, and Instagram Radio can find the number of social media influencers. The more the number of followers these influencers have, the more amount of money they earn.

4. Life Coach
A life coach helps people deal with all the difficult circumstances in their lives and make them believe in life again. If you are one of those people who Would like to help people, being a life coach is a good option. Many people experience stress in their day to day life, and some people can’t even bear with that stress, and sometimes this dress causes serious emotional issues within them. As a life coach, you can help them out in these situations and on a handsome amount of money. Also, if you add a certified life coach, then the amount of money can increase.

5. Owning Rental Properties
If you have rental properties such as cars, houses, furniture, pottery, party chairs, air conditions or even any kind of electronic items, then you can easily rent these things to someone and get a good amount of money in return. The best way to promote this business is to create an app to list these things, and people can have a clear idea about them. The app users will know what they want to rent from you after seeing the list. In this video, work will be in a structural and organized form.

As we know in today’s time, women are no less than anyone and particularly in the home-based business, they have done excellent and are pretty successful. The home mentioned above business ideas are ideal for anyone sitting in their home and want to earn a good amount of money.

TOP 5 Life lessons that Shark Tank’s Barbara Corcoran Teach us

Shark tank is denoted as one of the leading real estate mogul. Barbara Corcoran has not become the highest-paid female investors within one day. She has to grow up her business from nothing to the peak of success.

She belongs from a poor family where she has to earn everything to come to the position in which she is now. With the help of her strong imagination, she has gained the position where she is now.

At the age of 23, she gets a loan from her future husband to start their real estate business, though later he left her to marry his secretary according to Barbara Corcoran, without him cannot be succeeded in life. She teaches us the meaning of life. These are the top 5 lesions remain at the top list it will help you to gain ultimate success in life.

Went through a struggle to gain the actual success

According to the highest-paid female investor, you have to go through a long struggle in order to get the actual success that you want from life. If you got succeed without any struggle, you will not be able to get the help of success. In case you are searching for a success story, you have to remember it in your mind.

Make failure the stair of your success

Success and failure remain as a circle of life. If you got failed in one task, you need to make the failure your success path. In this scenario, you also have to accept the failure to get success in life.

Hear more

You need to hear more from people who follow you. You have to accept the truth in order to know about the truth of life. While you will be able to get success in life, you need to hear more without having an ego.

Grades matter

According to her education can give you the topmost success in daily life. Once you will get the grade, you will be able to know more about life and you will be able to be succeeded in life. So, while reading, make sure you are reading to gather more knowledge, this you have to utilize in daily life.

Your past is not your identification for whole life

It does not matter from which section you belong to. It does not matter you were poor or rich in the future it cannot be the whole identification for your life. You have to create your own success story to shine in life.

Sum It Up

Here are some of the important factors that she teaches us. We have to follow these lines if you want to get success for life. Once you will memorize the entire success story in your mind from heart, once you will memorize all the factors, you will be able to get success for your whole life. Hopefully, these 5 factors will also help you to shine in life to be succeeded in life.

Common mistakes should be avoided by a Female Entrepreneur

Digital transformation is the most growing and strategic opportunity for the women entrepreneurs who want to make the most of technologies in 2020. For the global pandemic and crisis that happened by the COVID-19, many organizations and companies face many different challenges and problems. This pandemic made them re-think their sales channels again and again. When the pandemic started they had no choice but to avoid losing more and more.

As a female entrepreneur, it is obviously more challenging than others. So here are some mistakes every woman entrepreneur should avoid in 2020 globally.

1. Know The Time :
Most of the businesses failed because choose ing the wrong time. Transforming a business when the problems are start occurring, rather than taking power to transform it before they do is the biggest challenge here. In some scenarios like the complexity of the process, risky- ness, or when the process is too intimidating it is understandable to some extent. The transforming idea of adapt or die should be taken by studying the Standards & Poor’s data. It will help you in many ways because it is the main stock index in the world. We have noticed a huge number of women entrepreneurs have not achieved their digital goals because of this reason. That is why this point is important for organizations to understand this transformation as a priority thing.

2. Act Quickly :
For a business acting quickly defined as the power and ability of an organization’s to react or respond in a creative and innovative way to changes. It helps to generate more profits as well. It is also responsible for the adaptation power of your system to the world and environment.
To discuss it, it is important to analyze it through the main three dimension
Strategic Agility – It focuses on the market response and the balance between strategy and execution.
Tactical Agility – It focuses on the creation or solution of a particular product.
Cultural Agility – It focuses on the internalization by the company members of the principles and the values that mark the power of a company to adapt. Without a quick response, it is difficult to generate expected value in the market.

3. Try To Forget Human Resources :
According to The Global Leader In Change Management Solutions companies that manage changes effectively are six times more likely to achieve success in their path than others. We need to understand that people are the most important and valuable part of any digitization process of a company. It is more important than the technologies also. At the same time, companies or consumers cannot ignore the changing speed.

4. Innovative Leadership :
Leadership is important for innovation and transformation. In past centuries each change of the company had to face a long time-consuming procedure. And that ended up affecting the innovation power of the company. Today the main question asked by every company is how to support the growth of innovation for a long time?. The short and simple answer is innovative leadership.

Conclusion
Here we discuss the things every woman entrepreneur should avoid for a digital transformation. Keep in mind it is the most important opportunity of the moment for every woman entrepreneur in the world.

Some business acumen for building a business

Being an entrepreneur is difficult and takes an incredible amount of hard work. The past years were difficult for many entrepreneurs, and due to the current economic slowdown, many entrepreneurs thought about what is important personally and professionally to them. Let’s get to know some business lessons that will help those entrepreneurs looking to build a business.

It’s not necessary to have all the answers.

It’s totally fine and unnecessary for successful entrepreneurs to know every aspect of the business, but sometimes we assume so. Knowing everything is not feasible, but it is important to have enough knowledge about the industry as an entrepreneur.

Developing a clear brand identity is essential.

One must know the importance of having a known brand name. It helps the organization to have their unique and own identity. Also, it ensures your customers that a certain organization is there to stay. Moreover, customers could connect to a company’s mission and vision correction for those who are having a clear and meaningful brand identity.

Always believe and don’t take anything personally.

To be treated equally, there are times when BIPOC feel whether they have to work harder. When starting as an entrepreneur, that could be a huge challenge. There will be times when some people might underestimate you and try to make your self-esteem low or take you for granted. But, never let these kinds of negativity surpass you. Instead, take it as a motivation to succeed.

Never try to hide your background, be proud of it.

For being an aspiring entrepreneur, it doesn’t matter what background you are having. It’s not an easy road to success. Something that no competitor can replicate is one’s identity and authenticity. There are many successful business owners with amazing success stories, and you must get it a read.

Use every encounter to learn new things.

Start-up a business or any other thing is hard. One has to go through a lot of ups and downs. And, every business person has to start somewhere. Also, it is known that we daily learn new things, get new experiences throughout our lives. As an entrepreneur, you must learn from everyone around you, as everyone has something to give. Also, you must try to find the best in everyone around you and learn from it. It doesn’t matter what stage an entrepreneur is in or how successful he/she is. There is still more to learn.

Always try to spread love.

It is essential for an entrepreneur to value the people you work with that demonstrates care for the person through your actions. Words are not always enough, and you must always find ways to uplift others. It is also essential to remain humble every step of the way, and it is a trait that more entrepreneurs should develop.

Lastly, you must never forget who you are, where you came from, and who was there during your tough time and helped you to be there where you are now.

The Richest People in the World

Humans nowadays are well skilled to make the best out of their talent and time. And we have to agree that success makes us happy because of the respect and mostly for the money we get from that. And many have made billions and trillions of money just from their job or business all on their own. It’s pretty obvious that it involves a lot of hard work and dedication, but it also places them in the list of few, which included the wealthiest personalities around the world. This makes them famous and respectful, thus adding more to their net worth. These brainy persons are well known for their economic status and have always been the most inspiring. There are many ways to gain money and fame. Mostly the method includes business, but there are many other methods too. Let us briefly know about them in the following context.

People who are known for their enormous money

Bill Gates

Bill made a remarkable change of dropping out of Harvard in his junior year to become the founder of Microsoft. And due to its hard work, sensibility, and good knowledge of computer software, Microsoft, the largest software company in the world. Apart from this, the company has also shown great achievement in producing a set of their email services, video games, devices, computers, and laptops. It also publishes books via the Press, owned by Microsoft.

Besides this, Gates also runs two welfare organizations combined now to make a foundation named as Bill and Melinda Foundation, where he and his ex-wife are co-chairpersons. Bill is 65 years old as of 2021 but holds great enthusiasm to work for his company and has a net worth of about 124 billion dollars. He has been residing in Medina, Washington, for a few years. The recent data state that he took the responsibility of a chairperson in 2008 before being the chief software architect. And has also joined Berkshire Hathaway’s board in 2004, but finally, he took himself off from both the boards.

Mukesh Ambani

Mukesh is the richest man in India who is the owner of Reliance Industries. It was established in 1966 by Dhirubhai Ambani, his son Mukesh Stanford Business School but left after a year he came back to India to lead Reliance. And in his early days, Mukesh was seen to create and manage the petroleum refineries and petrochemical industries in an amazing manner. As per the recent news, Mukesh and his brother Anil got the entire business after their father’s death a few years.

The business was distributed among the brothers as Mukesh keeps petrochemicals, gas oil, and refining but with the dispute regarding the natural gas business. It has been reported that as of 2021, Mukesh has a net worth of 84.5 billion dollars besides having the property costing about 410 million dollars. He is a 64 years old man who is currently staying in Mumbai, India.

He has taken the company to the height of success with flying colors as one of his biggest achievements was the Reliance Retail and telecommunication known as Jio, which is well known around the county of having about 80% of the population using it because of its facilities and adding a lot to the company’s revenue.

Jeff Bezos

He is a 57 years old man who runs the most widely recognized company ’Amazon’ and is the founder and Executive Chair of the same. It initially started as a one-stop bookstore but was revolutionized slowly, firstly acquiring Whole Foods in the year 2017ad then launching its over-the-counter drugs in the same year in August. In the year 2020, the shares of Amazon increased to a high rate due to lockdown around the world, and then Jeff decided to be the executive chair and left the CEO post of the commerce giant.

He has a net worth of around 177 billion dollars, and he has stayed in Seattle since the day he founded Amazon and built it as a successful business and entertainment company known as Amazon Prime. He is recognized as the first man after Bill Gates to have a net worth of 100 billion dollars in the early days in 1999.

Mark Zuckerberg

Mark is known as the youngest business sensation to develop the most famous social networking site at the age of 19, which created an entirely new world for friends to connect and communicate worldwide. Mark Zuckerberg is at the age of 37 currently and stays in Palo Alto, Calif. Facebook owns various other companies, including the all-famous Instagram, the Oculus, which leads a virtual reality set, messaging app Whatsapp, and the all-new Novi,’ its own new digital payment platform used in the Diem payment System. He currently serves as the CEO and chair of Facebook, which whole handedly runs many software and apps. It has been reported that he holds a net worth of about 97 billion dollars other than his 225 million property worth.

Elon musk

Elon is the most aspiring money man today in the world and out to have it all, starting from digital currency, vehicles, and space gadgets. He used to study at Stanford University but dropped it because of the earliest navigation setup Zip2. Then his business career started when he was the main funder of Tesla Motors, which produces SUVs, sedans, Cyber trucks, and many other electric vehicles. Now he has been the co-founder of Tesla, which manufactures merchandise, automobile devices with the help of SolarCity in 2016, which is a solar power system. In the year 2020, Tesla had a tremendous rise for about 700 times more than ever before. Elon is a 50 years old man staying in Austin, Texas, and having a net worth of about 151 billion dollars.

Conclusion

Money is not absolutely everything in our life, but what matters is the success and respect we get in our lives around us. This part of being rich is beautiful because everyone sees you as an inspiration with the utmost respect. Being a rich person involves a lot of grinding in certain parts of the process along with the process, and it is quite ultimate that everyone wishes to be at their place without knowing the struggle. Still, one can surely reach there if they dedicate themselves to it.

The Future of Electric Vehicle

The Global EV Outlook is an annual report that examines and addresses recent trends in electric mobility around the world. It’s being created with the help of the Electric Vehicles Initiative’s founders (EVI). The study looks at key areas of concern including electric vehicle and charging infrastructure implementation, ownership costs, electricity usage, carbon dioxide emissions, and battery content demand by combining historical data with forecasts to 2030.

With the ongoing developments in the automotive industry, the electric vehicle market has seen rapid growth. Favorable government policies and support in the form of subsidies and grants, tax rebates, and other non-financial benefits such as carpool lane access and new car registration (particularly in China, where ICE engine new car registration is banned in some urban areas), increasing vehicle range, better charging infrastructure availability, and proactive participation by automotive OEMs.

Furthermore, as policymakers become more concerned about environmental issues, demand for zero-emission vehicles has increased. Developed countries like the United States, Germany, and the United Kingdom are aggressively encouraging the use of electric vehicles to minimize emissions, resulting in an increase in electric car sales.

EVs are predicted to have a promising future, and the price of batteries, one of the most important components in an EV, is expected to drop dramatically over time, making them more affordable. The mid-priced vehicle class has less features, with less reliance on costly features like infotainment and instrument clusters. For the mid-priced market, China is one of the leading countries. BYD, Smart, and Great Wall Motors, for example, produce vehicles that are comparatively less costly.

The commercial vehicle market is expected to rise at the fastest pace. The growth of the electric commercial segment has been aided by the growing adoption of electric buses, especially in China and India. Electric buses are set to replace current fuel-based bus fleets in a number of countries. During the forecast era, the growing trend of replacing fossil fuel-based public transportation fleets with electric buses would drive the growth of electric commercial vehicles. During the forecast era, the growth of e-commerce, logistics, and shared mobility would also drive the growth of electric commercial vehicles.

The fastest-growing market is projected to be Asia Pacific, followed by Europe and North America. In countries like China, Japan, and South Korea, the automotive industry is geared toward advanced electric vehicle innovation, technology, and growth. Electric vehicle growth is expected to be fueled by the demand for carbon reduction and the development of more modern and fast charging stations. The Asia Pacific electric vehicle market is dominated by BYD, BAIC, Chery, and SAIC, among others.

It also includes an update on battery capacity and costs. It expands on the life cycle analysis performed in Global EV Outlook 2019, evaluating the technologies and policies that will be required to ensure that EV battery end-of-life treatment contributes to sustainability and CO2 emission reduction goals to the greatest extent possible. Finally, it examines how off-peak electricity demand charging, dynamic regulated charging (V1G), and vehicle-to-grid (V2G) could minimise electricity generation capacity needs, mitigate the effect of EVs on peak demand, and promote the incorporation of variable renewables.

In the year 2019, signs of a continued change away from direct subsidies and toward policy approaches that depend more on regulatory and other systemic steps – such as zero-emission vehicle mandates and fuel efficiency standards – have sent consistent, long-term signals to the car industry and consumers, indicating that policymakers can make the move in an economically sustainable manner.

Effect of COVID on EVs

The current pandemic (COVID-19) would have a smaller effect on global electric vehicle markets than it will on the overall passenger car industry. Based on car sales data from January to April 2020, we currently forecast that the passenger car market will contract by 15% year over year compared to 2019, while electric vehicle sales for passenger and commercial light-duty vehicles will remain largely flat. Second waves of the pandemic, combined with a slower-than-expected economic recovery, may result in a variety of outcomes, as well as strategies for automakers to comply with regulatory standards. We forecast that by 2020, electric car sales will account for around 3% of global car sales.

China’s and Europe’s New Energy Vehicle mandates and CO2 emissions regulations, respectively, have recently been improved and expanded. Finally, there are indications that recovery efforts to address the Covid-19 crisis will continue to prioritize vehicle performance in general, and electrification in particular. Other modes of transportation are now electrifying. Since their introduction in 2017, electric micro-mobility solutions have rapidly expanded, with shared electric scooters; e-scooters, electric-assist bicycles (e-bikes), and electric mopeds now available in over 600 cities across more than 50 countries.

Due to bans on two-wheelers with internal combustion engines in many Chinese cities, an estimated 350 million electric two/three-wheelers, the bulk of which are in China, account for 25% of all two/three-wheelers in circulation worldwide. Approximately 380 000 light commercial electric vehicles are in use, most of which are part of a business or government vehicle fleet.

Brief on Challenges

Electric vehicles’ high production costs have been a significant barrier to their widespread acceptance. As the popularity of electric cars grows over the next decade, battery prices will fall and R&D costs will fall, bringing the total cost of electric hatchbacks, crossovers, and SUVs to levels comparable to ICE vehicles.

When building a charging station, a service provider must adhere to a set of guidelines. When installing on private land, service providers must obtain permission from plot owners, municipal government for regulatory mandates, and utility providers for energy transmission.

Many electric vehicle owners are curious about how far their vehicles will go on a single charge. Electric vehicles have a narrower range than conventional vehicles.

Alternative for Whatsapp | Whatsapp New Privacy Policy

Currently Whatsapp is the biggest and was first of its kind to be social engaging and connecting mobile application with contact-detailed identification. With over a billion users in 180 countries and counting, WhatsApp is the undisputed to-go instant messaging app on the globe. The social media giant—Facebook and its applications, including FB Messenger, Instagram, and other third-party apps, have been involved in several security breaches and have breached user privacy over the years. WhatsApp, on the other hand, is a Facebook-owned app that has resisted introducing user-centric security features such as End-to-End Encryption and other security protocols. WhatsApp began as an instant messaging service before being purchased by Facebook in the year 2014. While Facebook did not insert advertisements or violate users’ privacy on WhatsApp during the early years of its acquisition, it did cause security-conscious users to be worried about their privacy and security.

Facebook recently changed its privacy policies, allowing the company to use the data collected by WhatsApp in whatever way it sees fit. Instead of having to download three separate applications, As per various reports, Facebook is rumored to be merging Instagram, WhatsApp, and Messenger into a single platform, allowing users to communicate with others via messages and more in a single app. In certain cases, this will also include WhatsApp’s robust E2E encryption.

The changed policies by Facebook for Whatsapp, are stated below:

The latest privacy policy concerns WhatsApp’s service and how it manages user data. It provides end-to-end encryption, but with the recent policy update, WhatsApp and its family of applications and businesses under Facebook will be able to receive and transmit data from other companies. Operating, providing, understanding, improving, customizing, supporting, and marketing programs are all part of this.

One of the most surprising provisions of the privacy policy is the ability of WhatsApp to send necessary user data to the government in the case of unusual incidents. WhatsApp stores a large amount of data and is able to gather knowledge about these facets of your identity. Contact information, financial information, user material, usage data, diagnostics, identifiers, contacts, venue, and transactions are all included.

Moreover, Facebook and its subsidiaries, including WhatsApp, would be able to use data collected on the apps to enhance user experiences such as product recommendations, among other items. Users’ messages are not saved, according to the privacy policy, but the user’s profile image, status message, profile name, and account information are. In layman’s words, WhatsApp stored user data on its servers that could be used for marketing purposes directly or indirectly on WhatsApp or any of Facebook’s other apps/companies.

1. Skype

Millions of people use Skype around the world. Skype has established itself as one of the most popular instant messaging and voice/video calling apps on the market. It allows you to hold a high-definition video call, and it won’t lag or display a pixelated or blurred video feed of other participants if you have 3 to 4 or more people on board. On Skype, you can have an HD video call with 1 to 49 of your family and friends.

You may form groups with other people. Make new connections by searching for people on Skype by username, email address, or even phone number. You can set your Skype status to “Busy” or “Available” so that others can contact you. If they aren’t on Skype, you can communicate with them using Skype Credit, which is a pay-as-you-go service. You can also make phone calls and send SMS messages to non-Skype users.

2. Signal

Signal—founded by the founder of Whatsapp, is one of the most obvious options for users. It has millions of users and was recently endorsed by Elon Musk, the CEO of Tesla and SpaceX. Signal Private Messenger uses the open-source Signal Protocol to provide end-to-end encryption. This protects your chats and conversations while allowing security experts to identify and patch vulnerabilities and flaws.

Signal protects every call and message with open-course encryption. It is completely free to use and contains no trackers or ads, so go ahead and try it out. If you don’t want the brightness of your screen to irritate you, particularly at night, the application has a Dark Mode. There are a few drawbacks, such as the lack of animated emojis, but hey, if you’re serious about protecting your privacy from intruders and prying eyes, Signal is one of the best WhatsApp alternatives.

3. Telegram Messenger

When it comes to the best WhatsApp alternatives, Telegram Messenger is at its best. It’s fast, secure, and synchronizes across all of your devices. Telegram, which has over 400 million users, allows users to share unlimited multimedia files of any size or kind. Since it is a cloud-based app, the entire chat history will not take up a single byte of your internal storage. Above all, it protects your data from prying eyes and places a premium on privacy.

It has open-source encryption for chats and calls (both voice and video calls), but you must turn it on manually. It helps you to build groups of up to 200K people. Telegram is capable of sharing extremely large videos and files, such as 1.5GB of any movie. It is fully ad-free and has no advertisements at all. You can also download movies, TV shows, and other content from Telegram’s various channels.

4. Session private messenger

An email address or phone number is usually required when creating an account on any instant messaging app. Is that correct? To build an account with Session Private Messenger, you don’t need a phone number or an email address. Session generates a Session ID that you can ask anyone to enter once you’ve set up your account. Session has set up user-operated servers all over the world, which means it doesn’t have power over them and therefore reduces the risk of them leaking any user data.

When you use the app, no metadata is recorded, and no UP addresses are ever recorded on the servers. End-to-end encryption ensures that no one is expecting your messages. Session has no idea who you are, who you’re communicating with, or what the messages are about. One of its mottos is “free expression,” so if you use Session, you’re in for a treat.

5. Threema

It prioritizes your safety and privacy above all else. Despite the fact that there is no free edition, it is one of the most common safe messengers. On Threema, you will have uninterrupted and seamless end-to-end encrypted voice and video calls. E2E encrypted instant messaging is also included in the app. Unlike every other app you’ve used, the app is designed to produce as little data as possible. It employs the aforementioned encryption method for all audio, video, group chats, media files, and other elements of Threema that users communicate with on a daily basis. Threema Site, Dark Theme, Syncs Contacts Optionally, and Private Instant Messaging are some of the features.

Why Portfolio Diversification is Important

Asset management is the direction of all or part of a client’s portfolio by a financial services institution, usually an investment bank, or an individual. Institutions offer investment services along with a wide range of traditional and alternative product offerings that might not be available to the average investor.

When the stock market is flourishing, it appears almost impossible to sell a stock for less than what you paid for it. However, since we never know what the market will do at any given time, we must never underestimate the value of a well-diversified portfolio in any market environment.

The investment community preaches the same thing the real estate market preaches for buying a house when it comes to developing an investing strategy that tempers possible losses in a bear market: venue. To put it another way, you can never put all of your eggs in one basket. The principle of diversification is based on this core theory.

What is Diversification:

Most financial advisors, fund managers, and individual investors use diversification as a rallying cry. It’s a portfolio management approach that combines various investments into one. Diversification is the principle that investing in a number of things would give you a better return. It also implies that diversifying one’s investment portfolio would lower risk.

Diversification is a term that has been around for a long time. With the benefit of hindsight, we can examine the market’s gyrations and responses when they started to falter during the dotcom crash and again during the Great Recession. We must note that investing is an art form, not a reflex, and that the time to practise disciplined investing with a diversified portfolio is until diversification is needed. When the average investor “reacts” to the market, 80% of the harm has already been done. A strong offence, more than most places, is your best defence, and a well-diversified portfolio paired with a five-year investment horizon will withstand most hurricanes.

One might desire to add index funds or fixed-income funds to your portfolio. Investing in stocks that track different indices is a fantastic way to diversify your portfolio over time. You can further hedge your portfolio against market fluctuations and uncertainty by adding some fixed-income solutions. Rather than investing in a particular field, these funds aim to mimic the performance of large indices, so they try to reflect the value of the bond market.

Another advantage of these funds is that they often have low fees. It means you’ll have more cash in your wallet. Because of what it takes to run these funds, the management and operational costs are low.

Make frequent additions to your investments. Using dollar-cost averaging if you have $10,000 to spend. This strategy is used to help smooth out market volatility’s peaks and valleys. The aim of this approach is to reduce your investment risk by consistently spending the same amount of money over time. Dollar-cost averaging is when you invest money in a certain portfolio of securities on a regular basis. When prices are low, you’ll buy more shares, and when prices are high, you’ll buy less.

Purchasing and holding is a good strategy, as is dollar-cost averaging. However, just because your investments are on autopilot doesn’t mean you shouldn’t pay attention to the powers at work. Keep up with your savings and keep track of any shifts in the overall market. You’ll want to know what’s going on with the businesses you’ve invested in. You’ll be able to say when it’s time to cut your losses, sell, and move on to your next investment if you do it this way.

If you’re not a trader, make sure you know what you’re getting for your money. Some companies charge a recurring fee, while others charge per transaction. These expenses can quickly add up and deplete your budget. Being conscious of the price you’re paying and the value you’re receiving. It’s important to remember that the cheapest option isn’t necessarily the best option. Check to see if your fees have changed.

Investing can and should be a pleasurable experience. It has the potential to be educational, insightful, and enjoyable. Even in the toughest of times, trading can be profitable if you use a disciplined strategy and use diversification, buy-and-hold, and dollar-cost averaging strategies.

Equities can be excellent investments, but don’t put all of your money in one stock or sector. Consider starting your own virtual mutual fund by investing in a few companies you’re familiar with, trust, and even use on a daily basis. However, stocks aren’t the only factor to remember. Commodities, exchange-traded funds (ETFs), and real estate investment trusts (REITs) are other options (REITs). Often, don’t limit yourself to your own home base. Consider expanding your horizons and going global. You’ll spread the risk this way, which might result in bigger rewards.

Some claim that investing in what you know would lead to the average investor being too retail-oriented, but understanding a business and using its products and services can be a safe and wholesome approach to this market. Yet, don’t get carried away and go too far. Make sure you limit yourself to a manageable portfolio. It’s pointless to invest in 100 different cars if you don’t have the time or money to keep up with them. Try to keep your savings to no more than 20 to 30.

One might want to add index funds or fixed-income funds to your portfolio. Investing in stocks that track different indices is a fantastic way to diversify your portfolio over time. One can further hedge your portfolio against market fluctuations and uncertainty by adding some fixed-income solutions. Rather than investing in a particular field, these funds aim to mimic the performance of large indices, so they try to reflect the value of the bond market.