You Can Balance Your Life While Running A Successful Business

Running a business means maintaining control over your company. As a result, it can become more difficult for you to find an appropriate work-life balance, but you should struggle to maintain a proper work-life balance. This article will tell you how you can reach a better work-life balance and get the right merchant services based on merchant account comparison.

UK Business Owners: Work-Life Balance

According to a recent survey in the field, 45% of business owners work 40-60 hours per week. 16% work over 60 hours a week.

A 2017 report called “Entrepreneurial Britain” by the Telegraph’s research team and Omnicom Media Group agency, OMD UK shows some interesting facts. The research was conducted from May until August 2016 and is based on a survey of over 1.000 entrepreneurs and interviews with a sample of respondents.

So, the desire to make money was the 6th reason why people had started a business (54%). To have greater control over one’s work-life balance was the top reason (80%). For 56% of respondents, using personal funds to finance their business had been challenging. 38% reported having struggled with personal finances.

If you’re interested in merchant services in the UK, you can get the best deal for your business by turning to a payment expert in the UK. With the true professional in the field, consultations will be free. You’ll get reviews of contracts, rates, and fees so you can find the right processor to work with. With an experienced payment specialist, you can get the right merchant account comparison and the most honest snapshot of the company at the time of writing.

How to Organise Work-Life Balance?

According to a Xero’s 2017 Make or Break report, 52% of British small-business owners want to take more time off to avoid burnout. Only 39% state they’re able to take a long holiday. 18% would prefer to continue working from home. So, how business owners can keep the right work-life balance?

  • Keep your body healthy to help your mind deal with the pressures of running your business.
  • Don’t avoid taking all your holidays and encourage your staff to do so either.
  • Schedule your day based on whether you work better in the morning or in the evening.
  • Delegate the right work to the right people.
  • Stop checking emails constantly. Have periods of time when you switch off.
  • Divide your time properly. Have time for your personal needs. Don’t forget to let others know about your schedule.
  • Evaluate your in-office activities. See how long it takes to perform key tasks. Make better use of your time.
  • Use technology (software applications) to remain organised, save time, and be more productive.

Neglecting time for yourself will not only damage your health, but it’ll also negatively impact your business. Reach work-life balance to take your business to the next level easily.

Author Bio: Electronic payments expert Taylor Cole is a passionate entrepreneur who enjoys to write, produce music, and travel. Bestpaymentproviders is the UK’s best merchant account comparison company, serving both traditional and high-risk merchants.

Why Your Children Need to be insured This April and May?

As the education cost is going higher with time, your worries too reach the peak when it comes to your child. You worry about their career, health, education and every other major stage of their life. Particularly during summers, children are at higher risk for any infection. It is hard to stop kids from going out and playing in the sun, having ice cold water or ice cream making them more prone to diseases and infections.

Exposure to the sun and the heat outside can lead to dehydration, diarrhea and other problems. Thus, April and May is the right time to invest in insurance that is made to protect your child. When you sort out the financial expenses for your child, you will feel relaxed.

What is Child Plan?

This is the investment cum insurance plan that secures the child’s future financially and finance the major points of his or her life such as education, career, and marriage etc. the best child plan protects your child’s future in case of unfortunate death of the policy holder and at the same time build corpus to be utilized to finance the major moments of his or her life.

Child Plans Available in India

Child Plans  Entry age Maximum Maturity age Minimum Annual Premium Minimum Sum assured
Bajaj Allianz Young Assure 18 – 50 years  60 years N/A 10 times Annualized premium
Birla Sun Life Insurance Vision Star Plus 18 – 55years 75 years N/A Rs. 1.00,000
Max Life Shiksha Life Super 21 – 50 years 65 years Rs. 25000/- Rs. 50000/-
ICICI Pru Smart kid Assure plan 20 – 60 years 75 years Rs. 15000/-

 

5times the annual premium
Aegon Life EduCare Advantage Insurance Plan 20 – 60 years 75 years N/A Rs. 100000/-
MetLife Smart Child Plan 18 – 55 years N/A Rs. 18000/- 10 times annual premium
Shriram New Shrividya Plan 18 50 years 70 years N/A Rs. 100000/-
Bharti AXA Life Child Advantage Plan 18 – 55 years 65 years N/A Rs. 25000/-
HDFC SL YoungStar Super Premium 30 – 60 years 75 years Rs. 24000/- Subject to underwriting
Exide Life MeraAshirvaad Plan 21 – 50 years 65 years N/A Rs. 3.5 Lakhs
SBI Life Smart champ Insurance Plan 21 – 50 years 70 years Rs. 6000/- Rs. 1 lakhs
Edelweiss Tokio Life Edu Save Plan 18 – 45 years 60 years Rs. 6968/- Rs.225000/-

Types of Child Health Insurance-

You can either choose individual health insurance policy or a family floater plan. They both have their own advantages on the basis of finances, conveniences etc. Here is your guide to select a plan that suits your needs.

  1. Family Floater Health Insurance Plans-

These plans are customized for families. These plans have some features of individual plans with additional benefit of health coverage for the entire family. It can cover 15 different kinds of relationships.

The entire family is covered for a fixed sum assured. This can be used for an individual or sum total for treatment of one person. During the tenure of the policy multiple claims are available. But as it is a scheme for entire family, the premiums are slightly higher.

Benefits of Family Floater Health Insurance Plan

  • It is an easy way to ensure that your entire family is covered and protected. You do not have to keep a look at separate premiums for everyone.
  • Along with incentives, special discounts too are available. The younger your kid, the lower premiums you get to pay.
  • You can easily add more new family members to the plan. Your grandchildren too can be made a part of this plan. In your absence, your children can continue with the family floater plan.
  • For up to 2 years, you get continuous policy cover. And during this period there will be no increase in premium.
  • Additional features like maternity and new born baby cover are also available.
  • According to section 80D of Income Tax Act, a maximum of Rs. 25,000 can be availed as tax rebate. For senior citizens it can be up to Rs. 30,000.
  1. Individual Health Insurance Plan-

This provides coverage against a variety of illnesses with the benefits if cashless hospitalization and many other additional features. The policy only covers your child. Considering fewer risks of payments and claims, this is a financial gain situation as this has very low premiums for children.

Benefits of Individual Health Insurance Plan-

  • Your child will have a separate insurance policy as comprehensive coverage is provided including cashless benefits.
  • There is No Claim Bonus facility. If there is no claim for a particular time period, discounts in premiums or increase in sum assured is given.
  • Ambulance cover, medical check-ups etc. are taken care of.

Conclusion-

The earlier you get insurance for your child, the more you are going to save. When you buy insurance for them at an early age, it helps them in the longer run even if they do not claim it. As a parent it is your responsibility to ensure that your child is protected financially and covered under a good health insurance plan.

 

 

 

 

What You Should Understand When It Comes to Online Lending

If you are employed, you know that it comes a time when you need to pay for something that requires urgency but you may not have the money. Without the money just means that you have to wait for the end of the month when you can get your salary. If you are pressed, you need to do something and taking a loan would be a good option for you. However, you must know that applying for investment in a bank can be hectic because you have to wait for many days before you can receive the money. A quick online loan can be the best option for you and will solve you many problems that you could be facing. You can also read more information here https://captaincash.ca. There are things that you should understand to avoid regretting taking an online loan.

  1. Comparison of rates

It is a norm that when you are buying something you should compare the prices from different platforms. It is also the same case with online lending because you must research to find the company that is offering the best interest rates. The good thing about the online loan is that many companies are doing the business. You can go online and compare the prices to know which group you are going to apply. For example, Captaincash has been in the market and is known for providing fast services whenever customers are in need.

  1. They make quick decisions

If you applied for a loan with a bank today, you should be prepared for meetings and submission of documents. Once the bank representatives go through your documents, you will have to wait for the process to end. Banks are not giving loans easily today since they have to scrutinize you well before you can qualify for the loan. Online lenders are different because they do not require you to submit a lot of documents. The process of application is also quick, and the decision is never delayed.

  1. Funding is not delayed

Since you are in need of quick cash, you cannot wait until you are funded by an institution that will take days to send you money. You need quick money to solve a pressing issue hence if it is delayed, you will not solve the problem you are facing. That is why online lenders are preferred because of the simple application process and swift response when it comes to giving you money. Once your request has been accepted, it will only take a few hours before the money is sent.