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  • Why did Verizon sell Yahoo and AOL for half of their value

    On 3 May 2021, Verizon had announced that it is selling Yahoo and AOL properties to Apollo Global Management. It is estimated that the company has sold Yahoo and AOL for almost half of what it had paid for acquiring the company. Let’s look at why Verizon sold Yahoo and AOL for half the price.

    About the Deal
    Acquired Amount
    Reason for the Sale
    Recent Sales of Verizon
    Apollo Capital Management
    FAQ

    About the Deal

    Verizon has sold its properties, that is Yahoo and AOL to Apollo Global Management. The deal is said to be worth USD 5 billion which is half of what the company had paid for both the properties which were around USD 9 billion.

    Verizon will maintain around a 10 % stake in the company in Yahoo and the company will continue to be led by the CEO Guru Gowrappan.

    Acquired Amount

    In 2015 for the company AOL, Verizon had actually paid around USD 4.4 billion and two years later, the company had paid around USD 4.5 billion for the acquisition of Yahoo.

    The media divisions included properties such as Yahoo Sports, Tech Crunch and Engadget. All the media companies were consolidated under the inappropriate name Oath, which was later renamed as Verizon Media Group in the year 2018.

    At the time of acquisition, people connected to the internet through AOL and its front page was Yahoo. Yahoo and AOL were at their peak with a market capitalization of more than USD 200 billion for AOL and Yahoo with a market capitalization of more than USD 100 billion.

    Verizon Acquisition
    Verizon Acquisition

    An interesting Guide to the Process of Startup Acquisition
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    Reason for the Sale

    The main reason for the sale of Verizon’s Yahoo and AOL was due to
    their failed attempt to turn itself into a major player in the online advertising market and digital content. Since at the time of the acquisition of AOL and Yahoo both the companies were at their peak in the market with a huge market capitalization.

    In the early days of the internet era, both AOL and Verizon were success stories of the internet. Later both the companies failed to catch up with the trends in the market.

    AOL had become a corporate giant after it sold its dial-up internet services for millions but later the company started declining and faded as a dial-up service which was replaced by broadband.

    While Yahoo was a widely known and popular search engine and a web service portal, but later its competitor Google started capturing the market which led its business to suffer. AOL which is Verizon’s ad tech business is said to be suffered and is under closing conditions.

    This deal will be a closing for Verizon’s experiment into the media production and advertising businesses.


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    Recent Sales of Verizon

    In the year 2019, the company had sold Tumble for an amount that was not disclosed. The estimated amount is said to be below USD 3 million but Yahoo in the year 2013 had paid around USD 1.1 billion for acquiring the blogging platform.

    In the year 2020, the company had sold HuffPost to Buzzfeed which was acquired by AOL in the year 2011 for an amount of USD 315 million.

    Apollo Capital Management

    Apollo Capital Management is a private equity firm. The company owns Cox Media, Arts and Crafts retail chain Michaels and Venetian resort in Las Vegas. The company also owns the tech companies which include Shutterfly and Rackspace which makes the company more familiar with the tech industry.

    Reed Rayman who is the partner of Apollo said that the company is excited to unlock the tremendous potential of Yahoo and its unique collection of brands. He added that they have a great amount of respect and admiration for the work and progress the entire organization has made over the last several years.

    He said that they are looking forward to working with the CEO Guru and his talented team and the partners at Verizon in order to increase the growth of Yahoo in the coming future.

    FAQ

    How much did Verizon pay for Yahoo?

    Verizon acquired Yahoo for $4.5 billion.

    How much did Verizon pay for AOL?

    AOL was acquired by Verizon Communications for $4.4 billion

    Who is the parent company of Verizon?

    Verizon Communications is the parent company of Verizon.

    Conclusion

    The deal between Apollo Capital Management and Verizon is expected to close by the second half of 2021. Verizon has plans to focus on its 5G network once it gets rid of the media arm.

  • Why Joe Biden proved to be Best US President in last 75 Years for Traders

    Joe Biden is the newly elected President of the United States of America. He is the 46th President of the United States and is considered to be the best President for stock market traders compared to the President’s of the last 75 years. Let’s look at why Joe Biden is considered to be the best President for the traders.

    U.S Stock Market
    Returns
    Reason
    Earnings
    FAQ

    U.S Stock Market

    In the first 100 days of Joe Biden’s Presidential rule in the United States, the stock market of the country has provided better returns compared to any other President from the past 75 years. The data was provided by JP Morgan.

    JP Morgan’s analysts that were led by John Normand reviewed the administration performance of Joe Biden since the day of the inauguration and discussed on how the various policies on tax and the programmes related to spending could move the markets in the coming months. This was discussed on 23 April 2021 in a note to the company’s clients.

    The analysts said that the record fiscal stimulus had increased the returns on equity to all-time highs in the first 100 days of Joe Biden’s rule. They added on to the note saying that the results are not bad for Biden whom Donald Trump had labeled as Sleepy Joe during the election campaign.

    Returns

    The returns provided by the S&P 500 after 100 days of Joe Biden’s Presidential rule are around 25% for the first 100 days from the day of inauguration. When compared to the returns received after the former President Donald Trump’s Presidential rule was below 15 % for the first 100 days from the day of inauguration.

    The data from JP Morgan showed that the average S&P 500 returns on equity of the Democratic Presidents were more than double the average returns provided by the Presidential rule of Republicans since the end of World War II.

    The highest returns which were received by any President for the first 100 days mark previously was by President John F Kennedy which was more than 20 %.


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    Reason

    JP Morgan added on saying that the Biden’s policies since the day of the inauguration have benefited the market. This was because the proposed policies of Joe Biden were undoubtedly positive. Joe Biden has also planned to increase the capital gains to nearly double as much as around 43 % for the wealthy Americans.

    The JP Morgan team said that there would be a drag on the market in the year 2021 due to the hikes on the taxes for corporations and individuals in order to fund spending on social and infrastructure with a strict regulatory environment.

    Earnings

    The JP Morgan team added that they did not expect that the increases in the tax would cause a big dip in the earnings. The view since the campaign of 2020 has been that a higher rate on corporate is expected to reduce the Earnings Per Share of S&P 500 by many dollars.

    But within a sudden growth in the earnings environment which is because of the higher tax rates and the reopening because of the vaccine drives. The strategists of JP Morgan with regards to the US equity have checked and expanded the original analysis this week which shows that there is no change to the target of the 4400 mark by the end of this year in the S&P 500.

    JP Morgan said that an increase in the capital gains tax rate in 1986 from 20% to 28% and 2013 from 15 % to 25 % had led to about 5 % drawdowns in a month in the equity market before the new codes coming into effect.

    But the analysts said that it is a sample size that is smaller and the Tax Reform Act of 1986 had lower individual and corporate rates. The analysts added that overall, from the Biden’s tax policies they expected that it would increase a continuous rotation into the value based stocks that would be far from the big growth companies and the tech companies. This would be instead of a downturn in the market.


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    FAQ

    What is the Net worth of Joe Biden?

    The president of America is paid a $400,000 a year; on top of that, they receive an extra $50,000 expense allowance, a $100,000 non-taxable travel account and $19,000 for entertainment.

    How old is Joe Biden?

    The age of Joe Biden is 78 years.

    Who is the wife of Joe Biden?

    Joe Biden’s wife is Jill Biden.

    Conclusion

    The view of JP Morgan has been supported by the UBS Global Wealth Management. They have informed their clients in a note in the month of April that they had not found any correlation between the valuations of equity markets and tax rates on capital gains.

  • 5 ways to Grow a SaaS company with No Funding

    SaaS, or “Software as a Service” simplifies the user experience by cutting down the need to install software, allowing access to the application via an internet browser instead.

    Started a SaaS-based business or have a brilliant SaaS idea to implement? Great! But worried about raising funding?

    It is all indeed a game of numbers,

    • getting more new customers than customers not renewing or cancelling.
    • Getting paid subscription sign-ups rather than trail sign ups

    What new ideas can you apply for boosting growth and customer retention without taxing your funds?

    Various low-cost ideas can be applied in most business models with ease. Here are some growth hacks to help your SaaS start-up.

    Give away a valuable incentive and start charging early
    Target Acquisition and Retargeting
    Create engrossing content, keep engaging and increase your reach
    Listen to your customers
    Make competitors your partners
    FAQ

    Give away a valuable incentive and start charging early

    You want people to use your services, think about giving away something useful. Offering free trials and giveaway gadgets have become very common. So what else can you do?

    When customers switch to your service, they import information. So, how about offering them some extra storage? Or a bonus for every referral, after all, who doesn’t like some money?

    Get your existing customers involved and do the precious marketing for you. Offer them something that is linked to your service and connects them directly with your business.

    On the other hand, don’t be hesitant to charge for your service. You may think expanding the customer base is important but earning revenue is just as necessary.

    Believe in your product and put it to the test. Most people don’t value things that are available free of cost. Also, this would help reduce your risk in the investment.

    Don’t invest a huge amount of money in launching the product, but start at a modest level and continue building up. Your customers demonstrate their faith in you by buying, while this also drives away freebie users.


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    Target Acquisition and Retargeting

    When the product was designed, did you think of potential users? And was your campaign aimed at specific customers?

    In many instances, time, effort, and even funds spent do not yield results. And the issue is simple: the message did not reach the correct person.

    Everyone does not need everything. Precious resources can be used selectively. You need to focus on the right audience who requires your solution.

    How do you go about it?

    • First, give a thought about the user’s attributes: Age, gender, location; types of business; problems, budgets, and so on.
    • Now, what about businesses similar to yours? What are they doing? Look at their strategy and analyze, how can you be different and make an impact?
    • Meet up with potential customers, attend seminars, webinars, forums, and use them to understand the market better.
    • Use analytics tool for your website, you will get to know your visitor, areas of interest, and content effectiveness, it will be a good exercise to identify customers

    Finally, use retargeting techniques to bring previous visitors, churned or likely leaving customers back to the fold, and sign up for your service.


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    Revenue of software as a service (SaaS) companies in India
    Revenue of software as a service (SaaS) companies in India

    Create engrossing content, keep engaging and increase your reach

    Content is compelling and engaging and has the power to bring people back for more. Also, it is a fantastic way to stand apart in a crowd especially in a competitive space.

    But the quality of the information matters, so you have to believe in the idea. You must produce quality work regularly and most of all information should be freely accessible.

    Share your knowledge about the industry, introduce your solution, and present a valid case to your intended audience, this will garner their attention.

    This will work in building an email list, and once sufficient numbers are reached higher traffic and brand awareness will follow. This should be good for business growth and ultimately revenue.

    Listen to your customers

    You will have a lot of voices talking to you, but the most important ones are your customers. So, listen you must. What are the best ways to contact you?

    • Start with welcome call minutes within minutes of customer signing up. Get feedback on your marketing funnel, personalize your solution support. You will obtain real-time experience data and know if you are reaching the intended crowd.
    • Offer weekly contact points i.e. Q&A sessions, Webinars, pre-recorded pieces of training, etc. to demonstrate, explain, and help your customers embrace the product. Your SaaS solution has to be embedded in customers’ business fabric, so let them learn the benefits and improvements as it develops.
    • Pay special attention to subscribers, as they are serious about your product and care about it. They have paid to utilize the facility, thus should be given preference and special privileges like access to new features.

    Listening to your customer will make them feel valued and create a personal connection with your company. Another good way to increase and retain your customers.


    3 Easy Steps to Create Kickass Video Tutorials for SaaS with 10 best Examples
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    Make competitors your partners

    Ever heard the proverb “Keep your friends close, and your enemies closer”, well a direct example would be when your partner with your competitors. You and your new partner(s) can work and play together.

    You will have plenty of smaller competitors usually and few big players in the SaaS marketplace. Instead of quibbling over the pool of customers, it may be worth combining forces to take on big players.

    Another way would be to actually partner with the big players. Becoming a direct competitor would be a difficult task. So it may be a better idea to work with them, like offering a peripheral utility. This would increase traffic, your brand awareness, and revenue growth.

    FAQ

    What is B2B SaaS?

    B2B SaaS stands for business-to-business Software-as-a-Service. It encompasses cloud-based software used by businesses for various tasks, such as accounting, office productivity, customer relationship management (CRM).

    What are the top SaaS companies?

    HubSpot, Microsoft, Asana, and Shopify are some of the top SaaS companies.

    Why do SaaS companies fail?

    Most SaaS businesses fail because they are simply not solving any existing problem and a lack of market.

    Conclusion

    Setting up a business is a difficult task, continuous growth is even harder. All of this needs you to have belief in your product, a flexible approach, and lots of smart work. You can implement these to attract and retain the correct clientele; create your brand in the market, get useful feedback to effectively manage decision making, and fulfill your goal of a prosperous business.

  • Top Recruitment Startups

    Hiring the right staff can make or break your company, especially when you are a small business or just starting; this is why many companies rely on recruitment agencies to minimize risks and enhance their recruitment processes.

    Recruitment agencies find the best candidates to fit your company’s needs and wants. They do this by researching open roles, identifying qualified people, and thoroughly screening candidates. One factor that makes recruitment agencies so valuable is their access to a recruitment database — specialized software that matches applicants with jobs, optimizing the entire hiring process and saving valuable time.

    Thus, if you are thinking of using a recruitment agency for your business, we suggest you first take a look at these top recruitment startups that are making big waves and re-shaping the recruitment business:

    Smart Recruiters

    Smart Recruiters is an enterprise-grade talent acquisition suite that enables companies to hire talent on-demand and without breaking the bank. It uses complete CRM and sourcing capabilities to find and connect with the high-quality talent you seek.

    Employment Hero

    Employment Hero is an applicant tracking software (ATS) for total employee lifecycle management from hiring and onboarding to off-boarding. It allows for a customizable hiring process and can help you improve your pool of candidates by 40%, according to its newest data.

    TalMix

    TalMix is a specialized platform that connects your business to the talent you seek. It’s smart, fast, and convenient! Plus, it allows you to review applications, set up interviews, and message applicants directly to help you narrow your pool of candidates and help you make a better hiring decision.

    HiringThing

    HiringThing makes each step in the recruitment process simple, intuitive, and effective by combining award-winning ATS with your hiring needs through custom workflows. It is the go-to software for renowned companies, including Coca-Cola, Orange Theory, Krispy Kreme, Loenbro, and more.

    Pymetrics

    Pymetrics is a new and innovative platform that helps companies build their workforce through behavioral science and audited AI technology. It measures potential not only based on CVs or resumes but also by using use behavioral assessments to evaluate job seekers.

    In consequence, companies are provided objective behavioral data that measures candidates’ true potential to ensure success within the job post.

    Additionally, other more user-specific startups target different niches such as tech companies, female-founded businesses, recent grads, and more. Some of the most noteworthy include:

    Fairygodboss

    Fairygoodboss is a Glassdoor-like platform aimed at helping women find female-friendly workplaces. Its goal is to empower and connect women by providing expert career advice, job openings, and company reviews.

    Today is one of the fastest-growing recruitment startups and is supported by hundreds of globally acclaimed enterprises such as Apple, General Motors, Hilton, and JPMorgan Chase.

    Handshake

    Handshake is a new platform that helps students and recent grads find part-time or full-time paid internships by connecting them with companies offering entry-level jobs or college programs.

    Companies like Amazon, TikTok, Procter & Gamble, Bank of American, and General Mills are all using handshake to find qualified candidates to join their teams.

    Hackajob

    Hackajob is a platform designed for the tech industry, matching qualified candidates with relevant job opportunities based on their skills, salary expectations, location, and experience. It is especially popular in the UK, although it also offers international job-seeking options.

    Finally, keep in mind that the recruitment process can be much more costly than what you initially expected. In fact, according to an article dedicated to inspecting the business cost and impact of employee turnover, sometimes the cost of hiring a new employee can surpass that same employee’s yearly salary when you consider hiring fees, training costs, and lost productivity costs.

    As a result, most companies, even if they are not working with recruitment agencies, opt to buy access to these recruitment databases or specialize software to help minimize costs and save time when hiring new team members.

  • Scribe: Best Online Email Signature Tool

    Sending and receiving Emails counts as a regular activity in a business.

    Every business professional wants to sign-off with their signature that can add to brand awareness. It enhances your marketing campaigns’ popularity and leaves a great impact on the viewer.

    Meet, Scribe. An online email signature tool that will nail every signature of yours as per the occasion.

    What is Scribe?
    Scribe – Features
    Scribe – Competitors
    Scribe – Review
    Scribe – Pricing
    Scribe – Appsumo Deal
    Closing Note
    Scribe – FAQs

    What is Scribe?

    Scribe Appsumo Deal
    Scribe Appsumo Deal

    Scribe is a web-based tool that helps you to add promo banners and C.T.A.s (call to action) for attractive product branding by inputting your very own email signature.

    Tool Name Scribe
    Scribe Official Website scribe-mail.com
    Free Plan Available
    Best For Brand promotion and marketing agencies
    Scribe Developer Clement Scribe
    Alexa Ranking (Global) #450,221

    With Scribe, Users can easily use inbuilt C.T.A.s in the template features where you only have to add a Title, a connection, your picture, and a straight link for your audience that directs to your thriving marketing channel.

    More good news to you guys!

    Now let’s discover what Scribe has to offer?

    Scribe – Features

    Smartly carved Email Signatures

    Doesn’t that sound like a miracle that Scribe can transform your email signature into an attractive marketing channel to get more potential customers? Worth giving a shot.

    Enhancement in Brand Awareness and Sales

    We all want to see our brand getting more popular and attracting more sales, but with Scribe, you can add a call to action or a banner for the promotion of your signatures.

    And after that, you also can track and examine the conversion rate with inbuilt Scribe analytics and also shape your DNS to escalate email deliverability.

    Schedule Creative Marketing Campaigns

    Organizing marketing campaigns is the thing that we constantly do. With Scribe, you can schedule various creative marketing campaigns with different C.T.A.s that you can launch as and when you want to.

    Personalized Signatures for Every Department

    Here in Scribe, Users get to manage the email signatures of their co-workers by creating a separate department for a perfectly customized marketing message.

    Plus you also get to update every information related to signatures between departments in just one click.

    Brand Consistency

    Here in Scribe, you get a full package of several eye-catchy signature templates to create your own option of customizing them as per the need of your branding.

    No Coding Required

    The other good news is that with Scribe any person with or without coding knowledge can create a noteworthy and unique email signature with an easy to use interface.

    Scribe – Competitors

    • Mailbum
    • MySignature
    • Signature.email
    • MySigMail
    • Sigstr
    • Htmlsig

    Scribe – Review

    As we just read, Scribe turns out to be an amazing and reliable tool to bring in more audience to your marketing channel and impress them with your creative brand awareness and personalized email signatures.

    Scribe email signatures will also let you schedule the pre-designed marketing campaigns that you can launch whenever.

    Moreover, for doing all of this, you don’t have to be a master of coding. A person with zero knowledge of coding can also get fabulous email signatures and make their brand noticeable at the platform.

    Scribe – Pricing

    Normal Price Scribe Appsumo Deal
    $288.00/year $69.00/lifetime (single pack)

    Scribe – Appsumo Deal

    • Personalized Email Signature
    • Call to Action (C.T.A.) and Promotional Banners
    • Creative Brand Awareness and Sales option
    • Track Conversion Rate
    • Schedule Marketing Campaigns
    • Customized Email signatures for every Department
    • One-click installation
    • No coding is required.

    Closing Note

    So as far as we’ve figured that Scribe is an amazing online web-based email signature tool that will enable you to create your personalized email signatures. And you can also turn that email signature into an incredible marketing channel.

    Scribe signatures not only designs email signatures but also has this C.T.A. option and carves pretty good promotion banners.

    So what are you waiting for? Give it a try today!

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    Scribe – FAQs

    What is Scribe?

    Scribe is a web-based tool that lets you create and design your personalized email signatures to a noteworthy marketing channel with C.T.A.s and banners for product promotion.

    Is there a free trial available in Scribe?

    Yes. There is a free trial for seven days in Scribe.

    Can you track the conversion rate in Scribe?

    Absolutely yes. You can track the conversion rate in Scribe.

    Which email services are supported by Scribe?

    Email Service Providers like Gmail, G-suite, Outlook, Exchange 365, MacMail, Firefox Thunderbird are supported in Scribe.

  • How To Start Your Own Tax Preparation Business

    Many tax preparers find that their passion lies in helping others with tax related issues, and going above and beyond to guarantee the most favorable tax outcome possible for their clients. This drive often leads these individuals to pursue an independent tax business of their own, but the question of where to begin can be daunting.

    More than 3 crore people file taxes in India every year, and this number sees an increment of 5% every year. Hence, starting a tax preparation business won’t be a bad idea. If you are an experienced tax preparation specialist interested in starting your own business, the time is perfect.

    This post will discuss about starting your very own tax preparation business. The points given below will give you certain milestones to follow in setting up your own tax preparation business.

    How to Start a Tax Preparation Business?

    How to Start a Tax Preparation Business?

    Check With Your State

    The first thing that you want to do if you want to start a tax preparation business is checking with your state to see if there’s any exam or certificate necessary for you to take.

    Obtain A Piece

    The second point is to obtain a piece. It is a preparer identification number. If you are a tax preparer, you are required to have peon number. This number is provided by the IRS in case you are receiving money for your tax preparation business.

    Obtain An Ethan

    Do as much as research as possible about Ethan. Of course, you can go to the IRS website or you can look up videos on how to do Ethan. But Ethan is something that you do want to have. If you don’t, your tax preparation business will falter.

    Marketing Plan

    Marketing Plan In Tax Preparation Business
    Marketing Plan In Tax Preparation Business

    If you are a tax preparer, you need a marketing plan. Anybody can be a tax preparer. It takes three to five minutes to do a tax return. The competition is high when it comes to tax preparation business but it isn’t meant to discourage you. It is of utmost priority to have a marketing plan. If you have become a tax preparer recently and are new to the business, you won’t go too far without appropriate marketing tactics. People start off small by doing taxes and returns for a few individuals the first year and get disheartened. They get discouraged and lose their interest to continue tax preparation. The cause is the absence of a marketing plan, because you don’t know what to do. Marketing helps increase those five or so customers the first year to higher numbers the next year.

    Figure Out Your Tax Office

    Do you want your tax office at home, or want to set up an office workspace? You go into the tax industry, you want to be a tax preparer but where will you function from? Do you want to have a brick and mortar location, work from home, or function out of a co-working space. Figure this out while keeping your budget, liking, and other constraints in mind.


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    Create A Budget For Equipment

    Create a budget for equipment, no matter whether you are working from home or have a dedicated office space. You need a computer, printer, paper, and other stationery. Think of everything else under the sun that you may require: high speed internet connectivity, virtual conferencing subscription, etc.

    Bank Products

    Bank product decides how much you get paid. In case you are going for e-file, decide what banks do you want to go with. If you are not going to e-file, you don’t have to worry about bank products.

    Tax Preparation
    Tax Preparation

    Retaining Clients

    Congratulations, you have 20 clients in the first year. Now what? You need to retain them! Figure out how you will retain your clients because not everyone is going to be happy. If you are able to keep each client happy, kudos to you. After you complete the tax return for someone, he or she will get a letter. And it’s very common for the client to call you for help. You can assist them with the verification process, “Send me a picture or come into the office and let see how I can help you.”

    CTEC Tax Preparer

    So you want to be a tax preparer in California. Unless you are an attorney, CPA, or enrolled agent, you will have to register with California tax education counsel or CTEK for short. It’s a state requirement.

    What To Do?

    You need to take 60 hours of qualifying education from federal and state laws from a CTEK approved provider. You can get a list at CTEK.org. Next, you need to get a $5000 tax preparer to assure bond. If you need help, ask an insurance agent. You will then have to register for an IRS preparer tax identification number, also known as p10. Visit irs.gov for more details.

    All Done? Not Yet.

    You still need to register with CTEK. This is important. A lot of new tax preparers assume education providers register for them but they don’t. It’s up to you. Visit CTEK.org and click on the green box that says tax professionals. Then click on the tab says “register renew now”. Enter the last six digits of your social security number and your last name. Some important information in bright red letters will appear. Please read it.

    Fill in the blanks and pay 33 dollars registration fee. Congratulations, you are now a CTEK registered tax preparer, or CRTP for short. CTEK will give you a certificate and registration number that is valid for one year. You have to renew by October 31st every year. If you don’t and keep charging fees to do tax returns, you could face penalty up to five thousand dollars from the franchise tax board.

    Conclusion

    Establishing yourself as an independent tax preparation professional is a great way to acquire financial independence, whether you’re practicing full time or supplementing your income from another source. With the right tools, experience and an entrepreneurial drive, you can become one of the many tax return   preparation businesses that help millions of people file taxes each year in India.


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    FAQs

    How to start a tax preparation business in India? or How to start a tax preparation business from home?

    Steps to start a tax preparation business in India:-

    Check With Your State
    Obtain A Piece
    Obtain An Ethan
    Marketing Plan
    Figure Out Your Tax Office
    Create A Budget For Equipment
    Bank Products
    Retaining Clients
    CTEC Tax Preparer

    Is a tax preparation business profitable?

    Yes, tax is a preparation business profitable.

    What do I need to start a tax preparation business?

    1. Social Security documents.
    2. Income statements such as W-2s and MISC-1099s.
    3. Tax forms that report other types of income, such as Schedule K-1 for trusts, partnership and S corporations.

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  • What will be the Net Worth of Bill Gates after his divorce

    On 3 May 2021, Bill Gates and Melinda French Gates had announced that they were ending their 27 years of marriage. Bill Gates is the co-founder and the former CEO of Microsoft whereas his wife Melinda French Gates is one of the most powerful women in the world. Let’s look at what would be the net worth of Bill Gates after the divorce as he is one of the richest men in the world.

    About the Divorce
    Net Worth of Bill Gates
    Cascade Investment
    Other holdings of Bill Gates
    Dividing the Wealth
    FAQ

    About the Divorce

    The couple had announced on 3 May 2021 that they have planned to end their 27 years of marriage life. Bill Gates and Melinda French Gates conveyed through Twitter that they had come to the decision to end their marriage after a great deal of thoughts and a lot of work on their relationship.

    Bill Gates Tweet
    Bill Gates Tweet

    They added that they have raised 3 incredible children and also worked together to build a foundation that works across the globe which will enable all people to lead productive and healthy lives.

    Net Worth of Bill Gates

    Bill Gates is one of the richest men around the globe making him one of the world’s richest billionaires. A global high net worth data and intelligence company called Wealth-X has estimated the net worth of Bill Gates to be around USD 134.1 billion.

    The success of Bill Gates had begun with Microsoft. But as of now, He has just 19.6 % of his wealth through the shares of Microsoft. According to Wealth-X, the amount added to Bill Gates’ net worth through Microsoft is estimated to be around USD 26.1 billion.

    The majority of the money of Bill Gates is now tied up with Bill and Melinda Gates Foundation but the exact value is not yet revealed. Bill Gates has also joined with Warren Buffet where they together founded the Giving pledge which asks the billionaires to give away more than half of their wealth to philanthropy.

    All these have been a hurdle in the division of wealth between Bill Gates and Melinda Gates making it much more complicated. They have separation agreements but it is seen that the terms have not yet been made public according to the court documents.


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    Cascade Investment

    The Cascade Investment is considered to be one of the biggest assets of Bill Gates. He funded the company with the amount he received after the sales of Microsoft’s stock. According to Wealth-X, his investment in Cascade has a valuation of around USD 30 billion. This accounts for around 22 % of his net worth.

    Through Cascade Investments Bill Gates has shareholdings worth of billions of dollars in different companies such as Deere and Company of around USD 11 billion, Canadian National Railways of around USD 11 billion and Diageo of around USD 1.6 billion.

    Through Cascade investment Bill and Melinda Gates Foundation trust reportedly own stocks.

    Other holdings of Bill Gates

    The real estate portfolio of Bill Gates is considered to be worth multi billion dollars. According to Wealth-X, his portfolio is worth more than USD 160 million. Some of his valuable real estate investments include a lakeside home in Washington of around 66,000 square feet, 30-acre estate in Florida, two additional properties in California and so on. He also has a private island called Grand Bogue Caye in Belize.

    Bill Gates House
    Bill Gates House

    The car collection of Bill Gates is estimated by Wealth-X to be around USD 650,000 and an extensive art collection estimated around USD 130 million which includes some works of Leonardo da Vinci. His car collection includes brands such as Porsche, Jaguar and Ferrari.

    Other than these over the years, Bill Gates has provided billions of dollars to their foundation that is Bill and Melinda Gates Foundation.


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    Dividing the Wealth

    Monica Mazzei who is a divorce attorney reacting towards Bill and Melinda’s foundation and family offices has said that the decision will depend on what extent both of them are planning to work together.

    She said that even in the friendliest divorces she has seen the preference has always been to split the foundation into two so that there are fewer chances to mingle with each other and more freedom for each other. She said that the same was applicable to the family offices as well.

    There are certain predictions that the assets may be divided into halves. The law of Washington states that any asset which is acquired during a marriage is equally owned by both the partners. But it does not mean exactly half, the court can allocate it according to what is just and right. According to Forbes, if the Bill gates and Melinda split their fortune equally, Melinda would be worth approximately $65.25 billion.

    FAQ

    What is Bill Gates wife worth?

    According to Forbes, if the Bill gates and Melinda split their fortune equally, Melinda would be worth $65.25 billion.

    What is the Net worth of Bill Gates?

    The net worth of Bill Gates is 13,050 crores USD.

    What is Bill Gates IQ?

    The IQ of the Bill Gates is 160.

    Conclusion

    Since Bill Gates and Melinda Gates have clarified that they would be working together in the foundation and asked to provide some space and freedom, we will have to look forward to how the wealth will be divided among them.

  • Why did Twitter Acquire the news reader service Scroll

    Twitter is an American based microblogging platform and a social media networking service that has around 192 million daily active users as of 2021. According to a data received from 2019, an average Twitter user spent around 3.39 minutes on the platform. Recently Twitter has acquired the reading service called Scroll. Let’s look at why the company had acquired Scroll.

    Twitter Scroll Acquisition
    Twitter’s plan
    Twitter’s Subscription service
    Future of Scroll
    FAQ

    Twitter Scroll Acquisition

    On 5 May 2021,Twitter said that it had acquired Scroll which is a service that is based on the subscription that provides news articles with removed advertisements.

    They added saying that the company had built a new way that led the subscribers to read the articles without the ads, pop-ups or any other disturbances that a user face on the digital platforms. The company will clean up the reading experience of their users by providing their subscribers with what they require.

    Scroll Website
    Scroll Website

    Twitter also told that the publishers who work with Scroll have revealed that they get a chance to make more revenue than they will be able to make from any page through the running of traditional advertisements.

    Twitter’s plan

    Twitter said that they consider it to be an exciting opportunity for them to introduce this proven business model to the publishers on Twitter’s platform. This is expected to make reading the news much more better for everyone involved with it.

    The company said while looking into the future, Scroll will be added to their subscription model in a much more meaningful manner as the company has plans to build and introduce a subscription service on their digital platform in the future.


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    Twitter’s Subscription service

    In the year 2020, the microblogging platform had confirmed that it was working towards exploring an idea to create a paid service on the basis of a subscription model which would include a lot of new features and services. The company expects to develop it in a way where the users will be willing for subscribing to it as per reports.

    The company is also working towards developing a feature for its Publishers and content creators called Super Follows. Earlier this year, Twitter had mentioned about this feature during its Analyst Day Event.

    The feature is planned to work as an account subscription where the subscribers will get access to various services offered by the content creators and publishers on the social media major’s platform.

    These include paid newsletters, audio conversations, special access to direct messages, exclusive tweets, etc. At the beginning of 2021, Twitter had acquired Revue which is a platform that offers users such as writers and content publishers to publish the editorial newsletters.

    Twitter had conveyed in a blog post which said that imagine as a Twitter subscriber getting access to the premium features where one would get an easy access to read articles from your favourite news outlet or a newsletter from a writer through Revue.

    It added on that the portion of the subscription amount would go to the publishers and the content creators.


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    Future of Scroll

    Twitter said that Scroll will temporarily stop new sign-ups because of the latest acquisition. Twitter added that they will work towards including the company’s services into their subscription plans and will look forward to growing the number of publishers of Scroll’s platform.

    The social media major said that they will continue to support the community that already exists on Scroll such as the publishers, content creators and the customers and it added that the new Publishers who are interested to join the Scroll’s community can sign up on their website for the latest updates.

    FAQ

    What is Twitter’s net worth?

    Twitters net worth is estimated around $4.4B.

    Which country uses twitter the most?

    United States, Japan and India are the top three countries that uses twitter the most.

    Who is the CEO of Twitter?

    Jack Dorsey is the CEO of Twitter.

    Conclusion

    Twitter has around 11.7 million downloads on the app store and around 67 % of the B2B businesses using it as a digital marketing tool. Around 40% of the Twitter users have claimed that they have purchased something after seeing a tweet on the platform. We will have to see how the new subscription model of Twitter would bring a change in the market ecosystem.

  • Benefits and Business Uses Of No-Code Development Platforms

    In this internet age, the world is innovating day-to-day. There are numbers of software developing day-by-day. In this tech world, many companies want to develop their software to reduce the tension and manpower and to increase the efficiency of the business. If you are an employee of an IT company then you have an idea that how many requests come to your department for developing new software or fixing errors in existing applications.

    You have been given time limit to complete the work. Within this many, more requests are in the queue. It is like a never-ending process or cycle. To break this cycle, the no-code platform is the best way to manage all these requests. Read this article to know about Best No-Code Development Platforms for mobile apps, web applications, and Benefits of no-code platforms.


    What is No-Code Development Platform?

    A no-code development platform is a platform where you can create your application without having prior knowledge of coding. You can create by using graphical visualization and drag and drop method. It can do all the works without code what have done before with traditional coding. It is becoming very popular and promising day-by-day. It is an alternative to traditional software development for programmer and non-programmer business users allow them to create their full-fledged applications.

    With the rising of the no-code platform, it doesn’t mean that it can replace software developers. It will become more valued than before now. Every business has something unique that can not be solved by no-code development platforms. You still need developers to solve the issue or create many visual tools that aren’t supported by no-code platforms.

    To qualify for inclusion in the No-Code Development Platforms category, a product must:

    • Offer drag-and-drop elements to assemble applications
    • Allow non-developers and non-technical users to build applications
    • Integrate with databases, web services, or APIs to connect data

    You can also create many applications using low-code platforms. It is a platform similar to the no-code platform but it needs a little bit of programming knowledge. Are they helpful in business? Is it worth investing in these platforms? We are going to discuss all the points in the coming sections.


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    Benefits of No-Code Platforms

    There are several benefits of using no-code development platforms for creating mobile apps, web applications, and variety of software. Some of them are:

    Use of Internal Resources

    The reason why companies choose a no-code platform for app development is to offset a lack of internal IT skills and internal resources and costs. Companies without any skilled developers choose to outsource which is cost-prohibitive and that will lead to extra costs. Using a no-code platform, companies can empower their business users and its developers. This helps them in creating business applications as per their needs without requiring additional resources.

    Better Agility to Change Management System

    No code is required in this system, so it is one of the fastest ways to create an application. It can give a boost to any organization as it allows much agility. Due to less coding, it can provide an automated system for the organization. In the no-code development platform, if you want to change something in an app developed by you in the no-code platform, you can do easily in minimum hours. But in traditional coding, you can not change whatever you want. It is also very complex and more problematic if the app is in a foreign language.

    Reducing the Cost of Ownership and Cost-Saving

    To develop an app, we need developers. Today’s developers are very expensive and more talented developers even more. In the no-code platform, you can save the cost of a developer. It can reduce the burden of an IT team of an organization. You can also build in a short period and also increase the efficiency of an application.

    Quick Response to Change Management

    Business requirements make it difficult for software developers to change coding midway. Using no-code platforms, it’s easy to make changes in applications, or enhancing their functionalities, and many other things. This platform helps in eliminating the backlogs of applications. Users can make changes and can create a better experience as well as track efficiency.

    More Productivity and Career Advancement

    No-code platforms are removing the skill gap of organizations which results in a better return of investment. No-code apps can work faster so it can reduce the work overload of employees of an organization. The work which is done in months or even years, by using no-code apps work can be done in days or hours.

    No-code development platforms are very helpful for many employers also. They are also getting promotions by using no-code platforms. 64% of no-code users reported that they are getting a great response from their customer or market. 18% reported that they are getting promotions by using no-code platforms. 17% are reported that they are gaining skills and improving their existing skills and getting a new job in new companies.

    Fast Delivery of Applications

    The biggest advantage of choosing this platform is the ability to develop the business application in very little time. This reduces development time compared to other methods. Before this Developers manually write hand code. Using a no-code platform, users can drag and drop features for creating, configuring, and customizing business applications.

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    Is the No-code platform really changing the world?

    This platform is increasing day-by-day. It is going to be very difficult to find the best developer in the market. In the upcoming years, coding is going to rule the world. According to Forester, it is predicted that the market will grow from $3.8 billion in 2017 to $21.2 billion by 2022. It shows great growth in the no-code platform. The no-code platforms are adopted by many IT companies to reduce the request coming for them.

    According to the Gartner forecast, the low-code platform will also increase 65% by 2024. Most of the applications will be developed in no-code platforms.



    No-code Platforms for Business

    The number of applications businesses build are drastically rising. More than 500 million apps will be created by 2023. No-Code platform revolution has huge impact on your business. There are numbers of no-code platforms for business usage, here are some best no-code development platforms:-

    AppSheet Reviews

    It is a best no-code app builder startup company purchased by Google in January 2020. This platform is able to create apps and web apps by using Google Drive, Dropbox, Office 365, and other cloud-based spreadsheets and database platforms. It is best no-code web app builder.

    Salesforce Lightning Reviews

    The Lightning platform is a simple platform to build customized applications for business. The best feature in this platform is it can automate business workflow and able to link external apps by APIs, provide templates, widgets, and many more in a row also. It is very easy to create desktop and mobile apps by using the drag and drop method.

    Microsoft Apps Reviews

    Microsoft is also not out of the race of the no-code website. They released their first platform as a service of the no-code platform in January 2017. Mobile apps and web apps can be created by using pre-built apps and drag and drop simplicity. Soon, there will be a new launch showcasing the innovation of Microsoft.

    Airtable Reviews

    It is a spreadsheet platform which is used to develop custom applications with no-coding skill. It was founded in 2012 with the feature of the database but it can be used as a spreadsheet. According to the company, this company is ready to compete against giant companies Google and Microsoft in the no-code platform.

    SnapBoard Reviews

    It is a Y combinator supported company (early stage of startup) founded by Calum Moore. It is founded when the founder decides to automate and manage all his apps without coding and he created the SnapBoard platform. This platform provides a range of no-code tools to create and control customized applications. You can design your applications without creating a team of engineers. Today more than 50 apps are accessible in this platform including MailChimp, Shopify, Dropbox, Google Analytics, and many more.

    no code mobile app builder
    no code mobile app builder

    Why To Choose No-code Platform?

    It is a reliable way to create apps for your business. If you are not able to hire developers and not able to find a good software developer then it is one of the best platforms you can use with minimum cost. It reduces the workload of many IT departments. You can make your application according to your choice and able to edit whenever you want.

    Conclusion

    So, you are looking for a way to reduce the queue of requests from your department. With the innovations of these platforms, you can say that these are the future of the IT industry. It is innovating the traditional way of programming and it is very helpful to create mobile apps and web apps. What is your view with the development of these platforms, let me know in the comment section below.

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    FAQs

    What is no code development platforms?

    No-code development platforms are visual software development environments that allow enterprise developers who have no expertise in coding. The platform allows developers to drag and drop application components, connect them together and create mobile or web apps.

    What are Free no-code platforms?

    • Appy Pie
    • Zvolv
    • Appsheet
    • Pipefy
    • Caspio
    • Bubble
    • Ninox
    • PandaSuite

    What can you build with no code?

    • Mobile Applications
    • Web Applications
    • Database Applications

    Are no code apps good?

    No code development platform is quite good and engaging, as it is easy to use and allows non-programmers to build apps.

  • How To Break Out From Your Comfort Zone

    If you think about a place where everyone loves to be, feel safe and secure, and prefer to stay there forever, that would be a mother’s arms and comfort zone. Well, being with mom is nice however, if you’re someone who’d love to give your mom, yourself, and your family a comfortable life, it is imperative to learn how to tear your comfort zone apart.

    Success is not a comfortable procedure and neither is breaking our bubble. We live our entire lives doing the same job, chilling with the same set of friends, family, monotonous routines. Doing these ‘Same’ tasks periodically over and over again will bring you the ‘Same’ boring results every day. Before reading further, question yourself, do you want to break free and change your life or stay the same?

    How To Get Out Of Your Comfort Zone
    The 5 Second Rule By Mel Robbins
    “You’ll Never Feel Like Doing It” By Mel Robbins
    Make Your ‘I can’ More Important Than Your IQ By Robin Sharma

    How To Get Out Of Your Comfort Zone

    Breaking the comfort zone isn’t comfortable, you have to get comfortable being uncomfortable. Put some extra on ordinary and you get extraordinary. That’s the only way. You have to walk the extra mile yourself without anyone having to push you. A student shouldn’t expect a rank when he/she is willing to break a coconut before the exam and not study. One has to pull uncomfortable night outs while studying more than your classmates to get close to your targets.

    Rich don’t get rich overnight and neither do rich people sleep 8 hours a day. That’s a ⅓ of our ordinary life. When you wake up at 11 am in the morning, the stock market’s already been open for 2 hours and people have already taken their decision for you while you were sleeping.

    Your wildest desires, your most ambitious goals, and aspirations begin right when you break out of your comfort zone. You and only you have to program your mind for success. When you get comfortable being uncomfortable you easily face many fears that you once thought you wouldn’t.

    Breaking Free From The Comfort Zone
    Breaking Free From The Comfort Zone

    “There is no nobility in poverty. I’ve been a rich man and I’ve been a poor man and I choose Rich every single time” -Wolf of the wall street. This mindblowing movie quote simply explains how your pragmatic life needs to be. You cant be the richest entrepreneur of the unicorn club if you don’t dream big and make your dream a reality. The only one stopping you is you. Nobody wants you to stay in your bed all day. It’s you who is staying there. Thinking about your problems and mistakes which are stopping you to get out of bed.

    Here’s a simple logic by Gaur Gopal Das “If you don’t laugh at the same joke twice why do you crib about the same problem twice?”. Success is all about your perspective. You are bound to make mistakes. In fact, if you’re on your way to success you’ll be making more mistakes than everyone combined and that’s what will take you ahead as you’ve already broken out of your comfort zone. No gender, time, situation, person can stop you from what you wish you to do. It’s only you who decides to make it or break it.

    However, to actually go about it, it’s imperative to know how to break out of your comfort zone. To do that, we’ve cumulated a few tricks and mindset tweaks for you to get out of bed and make your bank account as big as your phone number.


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    The 5 Second Rule By Mel Robbins

    Each one of us has a snooze button inside us which we press every time we see a minor inconvenience. A car break of sorts. Every time we have an idea we hit the snooze button and delay the action required to fulfill that idea. We have thousands of ideas bubble up every single day but the moment we see minor inconvenience we hit the snooze button, immediately.

    What is the first decision we take every morning? it’s simple. Going back to sleep. Yes, that’s literally the first decision we take every single morning. Having ideas is not the problem, hitting the snooze button and killing those ideas is.

    In order to stop doing that, here’s a simple trick suggest by Mel Robbins, a renowned motivational speaker. She says, If you have an impulse to do something, do it within 5 seconds. If you don’t, hit the snooze button and kill the idea. But if you get up in those 5 seconds, you will do it in its entirety.
    If you find an interesting person and you have the impulse to get to know them more, walk over there within 5 seconds and Talk! if you have the impulse to walk over the stage to dance, get up within the next 5 seconds. If you don’t you’ll be in your seat making excuses while completely depriving yourself of having a memory of a lifetime.

    “You’ll Never Feel Like Doing It” By Mel Robbins

    Another one of Robbins’s eye-opening statements, “You’ll never feel like doing it”.
    If you think people who are trying their best to lose weight love to eat boiled vegetables and not yummy burgers, you’re wrong. If you think athletes prefer to get seriously injured on the field instead of staying cozy in their blanket in winters, you’re absolutely wrong. She simply says, you’re never going to feel like doing things.

    Nobody wants to take the extra step to be extraordinary. Realize that you’re never going to feel like doing things that make you uncomfortable. Nobody wants to do hard things. If nobody is doing it, you should definitely do it and break out of your comfort zone.

    Zones Beyond The Comfort Zone
    Zones Beyond The Comfort Zone

    Make Your ‘I can’ More Important Than Your IQ By Robin Sharma

    Our brain runs in two modes: Manual and Autopilot. And our brain loves to mindlessly work in autopilot mode. It hardly loves to feel conscious and run on manual why? because it a tad bit difficult and we always hit snooze. Whenever a minor inconvenience arrives we think that we aren’t smart or equipped enough to do the task.

    Realize that you saying a simple ‘I can’ and committing to it is much more important than you being smart enough to do the task, trust yourself. Commit to task by simply saying I can and your mind and the free internet will get you tons of step by step blogs and videos for you to do your job.

    The Difference Between You And The Richest Man On The Planet

    24 hours. That’s it. The difference between you and the richest man on the planet is the 24 hours and the way you use it. You use the same 24 hours to sleep and mess around they use the same 24 hours working hard and smart to be the richest man on the planet. You’ve got to decide if you’re willing to break your comfort zone and utilize your 24 hour like them.

    When you read 1 self-help book a year, an average CEO reads 60 books a year. You’ve got book shops literally everywhere. You can order one on amazon right when you finish reading this article or read a pdf for free the question is, are you willing to do it? Excuses are not an option anymore.

    Are you willing to break out of your comfort zone Within 5 seconds by not hitting your snooze button and committing to it by saying ‘’I can?’ if you will, just do it.
    Here’s a tiny list of Books, Movies, YouTubers recommended for you to get started, motivated, and take upon the world!

    • Wolf of the wall street (Movie)
    • Never back down (Movie)
    • Gary V (YouTube)
    • Robin Sharma (Preferably all Books)
    • Atomic habits By James Clear (Book)
    • Power of your subconscious mind By Joseph Murphy (Book)

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    FAQs

    How to overcome fear in life?

    Ways to Overcome Fear and Break Out of Your Comfort Zone

    • Take nothing for granted
    • Switch up your routine
    • Move toward your fears
    • Give up control
    • Try something new until you feel comfortable
    • Ask the questions other people don’t like to

    What does it mean to step out of your comfort zone?

    It means doing things that you don’t feel comfortable with doing. Getting outside of your comfort levels.

    Why do we love to stay in a comfort zone?

    Human beings build comfort zones everywhere they arrive. These are places where you can safely relax, and where your basic needs are met. And because of this, you can direct your attention to other aspects of life besides survival, which is human connection and self-development.


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