My Top 3 Cryptocurrencies for 2018

What are the top 3 cryptocurrencies you're gunning for in 2018? 

Which ones do you think will shoot to the moon?

Which ones do you think will plummet to zero?

Strategies For Creating Consistency In Your Profits

As a small business owner, you probably struggling with fluctuating revenue. This is commonly the case for commercial organisations that are in their first few years of operation. While you might simply accept that your business happens to be a seasonal one, there are actually ways to ensure that your earnings remain relatively consistent throughout the year.

It is first important to have a clear understanding of the pattern of market demand. This is something that many companies are only able to accomplish after at least one to two years of operation. You, however, can learn more about these patterns and what they mean for your company by simply studying the activities of your competitors. Once you have mapped this out, you will have an idea of exactly when sales are likely to wane.

Identify pain points that you can continue addressing when your sales invariably dip for the season. This could mean having to expand your services. For instance, if you sell surf boards or paddle boards and have tons of business during the warmer months of the year, you might want to offer maintenance services during the cool season. People can bring their boards to you for the upkeep that will keep them from warping or experiencing any structural or aesthetic damages while in storage.

Be mindful of the fact that it's currently easier than ever before to take a local company into the world market. All you really need are feasible shipping solutions and a plan for advertising your services or products online. Expanding your market will allow you to connect with consumers who are in need of your products, even when your local market is seasonally slow.

Consider the benefits of taking a niche specific focus that makes your company increasingly valuable during the slower months. If your business model is nearly identical to those of your competitors, you are virtually guaranteed to experience a dip in profits whenever they do. If you have something to offer your market that other sellers do not, however, you may be able to generate additional revenue all year long.

Make your slow season the time for offloading goods that may not maintain their marketability throughout a busy sales period. There are a lot of shoppers who make a habit of saving money by investing in off-season goods. You may be able to increase the profits gleaned from clearance sales by simply eliminating the costs of storing this inventory.

Have a plan for controlling your overhead costs when your profits dwindle. If you are prone to earning less money during specific months of the year, you can actually stabilise your profits by diminishing your spending. This could be the best time to cut store hours and to focus on options in marketing and advertising that are self-supporting.

If you use an invoicing system, spend off-season times working on collecting past due accounts. You can align yourself with a reputable debt collection service that can do this on your behalf. These entities use professional tactics that are just as effective at preserving customer relationships as they are at improving bottom lines.

To know more about debt collection service, visit Boston Commercial and collect more info about creating consistency in your profit.

Article Source: https://EzineArticles.com/expert/Md_S_Hoque/1459687

Article Source: http://EzineArticles.com/9592089

11 Skills that Millionaires Master

Do you share any of these 11 skills that millionaires around the World have mastered?

Which are your favourite? Leave us a comment below!

This Hated Commodity Could Make Huge Gains in 2018

The forecast showed an extra 20 million pounds of uranium production for 2018... with no buyers. As you can imagine, the uranium price plummeted.

It hit its lowest price in October 2016 at $18.75 per pound. That touched a 13-year low price.

The downtrend began back in 2011. The uranium price peaked at $72.50 per pound in January 2011. It fell steadily since then, down a total of 74%.

This is a shocking result for an energy source that many embraced as a "green" rescue from hydrocarbons just a few years ago. Nuclear power creates safe, carbon-free energy.

The problem is, it can cause huge disasters. That's what we discovered when the Fukushima disaster struck Japan.

The Demise of Nuclear Power

An earthquake and tsunami damaged the Fukushima Daiichi nuclear power plant in March 2011. The earthquake damaged a reactor. Then the tsunami inundated the area, destroying vital backup generators.

Without the backup power, cooling water couldn't get into the plant. That caused a runaway reaction, a meltdown - the greatest fear for all nuclear power plant operators.

A series of human errors compounded the damage. The operator, Tokyo Electric Power Company, was completely unprepared for the situation.

The result killed the nuclear power industry.

Fukushima turned the world against nuclear power. Germany shut down all its reactors in response. Demand for uranium fell, and the uranium price collapsed.

This finally led major uranium producer Cameco Corp. to cut production in early November 2017. The company's earnings fell and fell. It struggled to maintain profitability. It finally announced that it would suspend operations at its flagship McArthur River mine for 10 months.

Cameco's decision cut the surplus to just 5 million pounds... and then the unthinkable happened: The world's largest uranium producer followed suit. Kazakhstan's state-owned uranium miner Kazatomprom cut production by 20% for the next three years.

The result could be a massive bull market in uranium.

The Uranium Price and a Windfall for Uranium Producers

Shares of Uranium Participation Corp., which hold physical uranium for investment, soared in response. Shares are up 30% in just a month and a half.

Shares of uranium companies surged too. However, this is just the beginning. Analysts that cover the uranium sector believe these cuts could add $30 per pound to the price of uranium. That's more than double the current spot price.

For uranium producers, this will be a windfall. Companies like Cameco and Ur-Energy Inc. will see revenue and earnings rocket higher.

This appears to be great news for the uranium sector. It's a story we'll continue to watch in 2018.

Matt Badiali has a hands-on, go-anywhere, talk-to-everyone approach to his investment prospects and research. His work has taken him to Papua New Guinea, Iraq, Hong Kong, Singapore, Haiti, Turkey, Switzerland and many other locations around the world. He's visited countless mines and oil wells the world over, interrogated CEOs about their latest resource prospects and analyzed all manner of geologic data. You can read more read more here.

Article Source: https://EzineArticles.com/expert/Matt_Badiali/2466765

Article Source: http://EzineArticles.com/9850777

How to start a Small Business with no Money and Bad Credit?

How to start a small business with no money and bad credit - did you think that these things were stopping you? Think again!