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James-Miller published in Uncategorized

How to make a small business website – A complete guide

Are you looking to create an online store for your small business to get more customers? Making a small business website has become quite easy and you can do this with the help of easy eCommerce development platforms. In this article, we will discuss how to develop an online store step by step.

Must have domain and hosting 


Unlike the old days, making a website is super easy and you can do it a simple drag and drop editors but you must have :

 

  • Choose a domain name 

  • Buy hosting from a trusted sources 

  • Install WordPress 

  • Choose a template to make your website design

  • Add more features and addons, and extensions 

  • A responsive website

 

Choose the best platform to create a website 

 

The biggest mistake you can make is to choose the wrong website builder. Most of the platforms are not user-friendly that’s why using them can cause some type of problems. 

 

WordPress is the world’s most popular website builder. It powers more than 40% of the websites on the Internet, including millions of small business websites around the world.

 

WordPress is not just a blogging platform for bloggers, but a complete content management system for bloggers to entrepreneurs.

 

The best thing about WordPress is that it gives you access to thousands of pre-built website templates, extensions, and plugins. You can make any kind of website imaginable without learning the code.

Create Pages that you must-have for a small business website

Homepage – This is the introductory page or starting point of your website. Add your business name to your services/products or contact page with a business call. Give a brief explanation of why your customers choose you.

About us – Your customers want to know more about the people behind the business before making a decision. Create a page about us to let customers know who you are, what your business values ​​are, and what relevant experience you have in your industry.

Services / Products – Create a page to enter details about the services or products you offer. For each service/product, add a title and a brief description. You can also set prices or ask users to contact you for quotes.

Contact Us – This is the page where your users contact you. In order for users to contact you directly, you need to add a contact form. Additionally, you can add your business physical address or phone number. 

 

Add plugins to add more features 

 

WordPress plugins are like enhancements for your WordPress site. You can install them to add new features and increase the functionality of your WordPress websites, such as contact forms, Google Analytics, testimonials, social media feeds, and more.

 

There are over 58,000 free plugins in the WordPress Plugin Directory alone. This means that no matter what feature you want to add, there’s a good chance you’ll find a plugin for it.

 

Pixarsart offers the finest Woocommerce Development services to up your WordPress game and enhances your online presence.

Visit Here:Woocommerce Development Services.

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anju-chauhan published in Uncategorized

Everything You Need To Know About Gross income

 

Everything You Need To Know About Gross income

 

A person’s gross income is his or her monthly or annual income before any deductions are made.

 

 Basic wage, home rent allowance, provident fund, leave travel allowance, medical allowance, Professional Tax, and other components of gross compensation are some of the most significant.

 

Employees that are compensated for their services are often provided a gross pay as their CTC (cost to company).

 

 The word “cost to company” refers to the cost that a firm will have to pay for an employee over the course of a year.

 

 However, the cost to the firm is never equal to the amount of money you get to keep.

 

What is Gross Income? – explaining with example

 

Gross income refers to the total amount of money earned before taxes and other deductions.

 

 Salary, bonuses, gratuities, hourly earnings, rental income, dividends from stocks and bonds, and savings account interest are all examples of earned income.

 

 People can make money from various part-time, temporary, or freelance jobs in the less conventional but increasing “gig” economy.

 

 All of the money you make from this employment will be added to your gross income.

 

When producing financial accounts for firms, gross income may also be referred to as gross profit, and it equals the revenues from the sale of products or services less the cost of items sold.

 

Income from the sale of products and services, intellectual property, rental property income, capital gains from investments, and so on are all possible revenue sources. 

 

The gross profit is a profit and loss statement line item.

 

How important is your gross income?

It is vital to know what your gross revenue is since it is utilized for many different purposes, including:

 

Loan Qualification: when you apply for an installment loan, lenders generally check before choosing if your gross income will reach a particular minimum criterion.

 

House Loan: Landlords typically analyze the gross income of potential landlords to discover if they can pay their rent on time.

 

Credit Card Score: Credit card providers often take the gross earnings of your credit limit into consideration.

 

Taxes: The big income of the government and state tax is part of the equation – the beginning point, actually –

 

Components of Gross Income

 

The yearly or monthly income before deductions is referred to as the gross salary, which contains several components. Gross and net salaries, as well as basic and gross salaries, have variances.

 

The following are the different components of the gross income combined.

 

1. Basic wages, pension elements, free component, salary arrears, remuneration, overtime payments, ex-gratia, and monetary rewards connected to performance

 

2. Allowances such as housing rental allowances, medical allowances, trip permits, dearness allowances, etc.

 

3. Terms and conditions such as lodging rent, power, water, and fuel.

 

4. The previous employer’s pension

 

Let’s examine each of the aforementioned components independently.

 

Basic wage

The basic wage is the precise wage before any deductions or other items have been added to the wage. 

 

The employee’s basic wage is often lower than the gross wage or take-home wage.

 

Gratuity

A gratuity is a portion of an employee’s compensation that is provided by the employer to demonstrate gratitude for the employee’s contributions to the firm. 

 

The employer can pay gratuity out of pocket or use a gratuity group plan offered by an insurance company.

 

 Gratuity is usually provided to an employee when he or she retires or leaves the firm.

HRA (House Rent Allowance):

Allowance is a pay component provided by employers to employees to cover the cost of renting a home for residential reasons.

 

 HRA is an important part of a person’s compensation. Both salaried and self-employed persons are eligible for HRA.

Salary Arrears

 Any sum paid as a consequence of the wage increase shall be the salary arrears. In general, wage arrears occur over 1 month in a lump sum. 

 

For instance, in the case of a raise in your pay in June but from January. Then the remaining 6 months are eligible for delays.

Pension

Pension must be defined as a certain sum provided to a retired employee on a regular basis. 

Your company or the government will either pay for pensions to employees in the government sector.

What is the difference between gross and basic incomes??

 

The basic wage is an employer’s agreed wage rate without additional time or compensation. The basic wage shall not apply.

 

 However, gross compensation includes overtime pay and bonuses, and amounts before tax or other deductions.

 

 For example, if an employee is paid a gross salary of Rs. 50.000 and the basic salary is Rs.16.000 then, in addition with other allowances like house rent allowance, conveyance, DA, city allowances, and other special allowances, he or she will get Rs.18.000 as fixed salary.

How is the monthly gross income calculated?

Depending on whether they are salaried or paid periodically there are two techniques for calculating the monthly gross income of a person.

 Individuals can divide their salaries by 12 to determine gross monthly salaries.

 

Gross monthly income = Annual income / 12

 

Individuals need to know their annual salaries in order to compute their gross monthly wages.

 

 It can accomplish this by increasing the number of hours worked in a week in their hourly rate of pay.

 

 In each of the weeks of the year, this can be increased by 52. The outcome may be split into twelve.

 

Gross monthly income = Hourly rate x (Weekly hours x 52) / 12

 

It is a little different to calculate gross revenues for firms. They must look at their COGS rather than examine the weeks or months in one year. 

 

The gross revenue for companies is their income minus COGS, thus the calculation is:

Gross revenue = Gross revenue — Goods sold 

Conclusion

Before deducting taxes and other expenses, your gross income is calculated by putting all of your sources of income together. 

 

Gross income is significant because it is used to determine your ability to make payments and the amount of credit that lenders feel they may securely extend to you, among other things. 

 

Other types of income, such as net income, adjusted gross income, and modified adjusted gross income, are calculated using gross income as the starting point.

Read more – VAT vs GST Complete Guide

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alianasharma published in Uncategorized

Can A Foreigner Open A Personal Account In An American Bank?

Financial institutions, headed by the American Reserve Bank, act as a guarantor of the safety of funds, which, together with the level of service, ensures a steady growth in deposits, including attracting foreign customers.

 

Bank account in the USA

For the first time, the idea of ​​paying by bank card was voiced at the end of the 19th century, when the American Edward proposed using a new calculation option. It was too bold a thought for that time, which did not receive public support. Only in 1950 did the payment card become a reality and an alternative to cash circulation.

 

Major American banks

The rating of the most famous American banks is also a significant component of the list of the largest financial institutions in the world. Their fortune is steadily growing and, according to experts, amounts to billions of dollars. According to official data, the top American banks include the following 3 organizations, the names of which have long been well known.

 

Bank of America

 

The historical backdrop of the association started in 1928 and throughout the next many years, it tenaciously won the situation with a monetary aggregate. A wide range of services provided meets all the requirements of legal entities and individuals. Bank of America is a national American bank with assets of over $ 2.3 trillion in the Forbes magazine ranking it ranks 23rd. 

 

The structure of the financial organization includes branches in all states of America, as well as many branches in 35 countries around the world. The entire network is coordinated by 5 main divisions, each of which is responsible for a certain direction. 

 

The service sector covers areas ranging from consumer banking, where the issuance of loans, account maintenance, depository, and ending with global processes with trading on various stock exchanges. The wire transfer facilities with the bank of america routing number, and the process to wire money is easy with the Bank of America.

 

JPMorgan Chase

 

Thanks to assets, the size of which is about $ 2.6 trillion, leads the largest American banks.

 

The structure is the result of the merger of two financial institutions in 2000, which in 2015 made it possible to obtain the status of the best investment institution, and take the sixth spot in the Forbes rating among the best public organizations. JPMorgan Chase has a wide range of banking products and regional offices outside the country, but only provides retail services in the United States. 

 

As you already know to make a wire transfer you have to provide your bank’s routing number. And all banks own unique routing numbers. 

 

If you have Chase Bank’s account then you can find the routing number using the chase routing number.

 

Citigroup Inc

 

It is a powerful aggregate as a result of the consolidation of the Travelers Group and Citicorp with resources of more than $ 1.9 trillion. According to 2010 statistics, the bank serves over 200 million clients from 139 countries. The structure has representative offices on five continents. A Citibank has multiple citibank routing numbers. These numbers are based on the location of the bank account, and the branch of the bank.

Can a foreigner open a personal account in an American bank?

American law does not provide for any restrictions and prohibitions regarding foreign citizens. The difficulties that may arise in this matter are rare and relate to the paperwork. As a rule, this is the shortfall of any archive from the setup list. As a second reason, you can indicate the peculiarities of the organization when the bank does not cooperate with foreigners. It is this circumstance that is the source of rumors that non-residents of the United States, cannot open an account in American banks.

 

How to open an account for a citizen of another country (non-resident)?

The task will become much easier if you immediately contact American banks, which by default provide services to foreigners. The most famous of these are Citibank, Wells Fargo, and Chase. Those who come to their branches in order to open an account in a foreign bank will not need a legal education in order to understand what are the differences between “resident” and “non-resident” and what the term “citizen” includes.

 

It does not matter which country a person has a passport in, the algorithm of actions will always be the same. As an example, we can consider the situation on the example such as if you’re not that good in English or you can’t speak English, then you don’t need to worry that much. Because difficulties with English are not uncommon, departments with your native language-speaking staff remove the language barrier. In a number of cities, there are different language-speaking areas where there will certainly be a branch of such a bank. Hotline phone numbers are also available, so finding the address you want shouldn’t be difficult.

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