Top Five Benefits of Cloud Computing for Small Business

Many hosted services are offered over the web for a variety of business needs. The general term used to refer to all of these is cloud computing. Cloud computing allows online companies to use resources over the internet rather than build and maintain their own in-house infrastructures.

Cloud computing is a trendy term that can be heard everywhere these days. Simply put, it refers to storing and accessing information and applications over the web instead of getting them all stored on the hard drive of your computer.

Storing or running programs from your hard drive is called local storage. This means that everything you need is physically there with you, making access to data easy and fast, especially for the one computer and the others connected to it through a local network. This was how many industries functioned for a long time before the cloud came along.

The “cloud” refers to the internet. This calls back to the times in office presentations when the internet was represented by a puffy cloud that accepts and gives information as it hovers above everything.

You may be using cloud computing at some aspect of life without realising it. This applies to online services that you use to send email, edit your documents, stream films or TV shows, listen to music, play games online, or store files and images. Cloud computinga makes all these things possible behind it all.

The first services to use cloud computing are a couple of decades old, rising fast so that a wide range of organisations are already using the service. This includes startups to big corporations as well as non-profits and government agencies.

Cloud computing at a glance

According to a study by the IDC, 50% of information technology will transition to the cloud within 5-10 years. Disadvantages of Cloud-Native Computing Among the industries that rely heavily on data are the financial sector, telecommunications, technology, health care, government, advertising, retail, gaming, energy and data services.

Furthermore, 82% of companies have found significant savings in moving to the cloud. 60% of businesses already make use of cloud-based IT for operations. 82% of companies are also planning for a multi-cloud strategy.

These stats show that cloud computing holds much promise as a rising industry as well as a valuable resource for companies to take advantage of.

Cloud solutions for business

There are three different types of cloud solutions that businesses can choose from to find the best fit – private cloud, hybrid cloud and public cloud. Each offer different features and benefits. But with each type, the end result stays the same: cloud computing can be done wherever you are, at any time.

Private cloud

Private cloud works in industries with concerns for privacy, including medium businesses and more established enterprises that need to meet standards for security and compliance.

One example is IoT companies, such as those who trace customers through their phones. Other examples include health data companies, e-commerce sites that store credit card data, industries with high intellectual property concerns, and companies that emphasise data sovereignty.

Private cloud is managed by an in-house team of IT personnel or by a private host.

Private cloud offers complete control and flexibility, enabling businesses to manage their own dedicated resources within a third party datacentre.

Hybrid cloud

Hybrid cloud is for companies that prefer the security offered by private cloud. This type of cloud solution is best for workloads that are highly dynamic and prone to changeability. This includes enterprises that can be split into two spheres, sensitive and non-sensitive.

Hybrid cloud also works best for businesses with seasonal data spikes, big data processing, and those with workloads involving API compatibility and requiring solid connection to a network. Hybrid cloud takes its name from the fact that it is managed by both in-house and external resources.

This mix of private and public clouds offer blending of such services as Office 365 for email with other applications that businesses don’t want to be made available in a shared environment.

Public cloud

Public cloud is for industries that have a significant amount of data with no major concerns for privacy. Companies that use this service opt for a pay-as-you-go structure. This type of cloud solution is managed by third party providers.

Industries that use public cloud include those in development and testing, development platform, training servers, one-off big data projects and websites with public information, product descriptions and brochures.

Public cloud is perfect for services, applications and storage that are made publicly available as well as those that use shared resources that are managed by the cloud provider.

More benefits in the cloud

Now that you know the different types of cloud solutions available, it’s time to go over the benefits of moving to the cloud. As a growing trend, cloud computing offers many. Here are five of them.

1. Time-saving, on-demand services

Cloud computing features self-service delivery for different types of workloads and needs. What makes it so attractive to businesses is that any service can be available on-demand. This effectively removes the need for companies to maintain in-house IT staff, especially for small businesses, or manage physical computer resources.

Cloud hosting allows users to get access to their files from any device, anywhere and at any time. This means that files don’t get stored in just one computer, enabling faster operations and availability. Storing in the cloud also makes it safer for businesses to protect their files, with faster backup options and recovery in cases of breaches or similar scenarios.

According to TSG, 45% of companies that use private cloud solution in their operations have enjoyed significant reduction of the time it takes to install applications. This time-saving feature enables companies to enjoy faster processes and improve productivity for employees.

Cloud computing can make integration easier for you. A lot of cloud computing applications include an Application Programming Interface (API) where you can find apps that are compatible instead of having to pay to have them customised for you so you can integrate them.

2. Flexibility

One of the biggest benefits offered by cloud computing is its flexibility. People on your team can access files and information that are relevant to work anywhere and on any device. In a highly mobile world, this is especially important.

Moreover, many companies now offer flexible working arrangements, such as remote workers and telecommuting. With cloud computing, employees can access work files even when they are not in the office, making it easier for them to work wherever they are. For small businesses, this also makes it easier for them to easily manage their operations wherever they are.

Increased flexibility and mobility enable businesses to let their employees use the devices they are comfortable with. This can include tablets, laptops and smartphones, helping employees improve their personal productivity.

With this type of elasticity, companies are able to scale up as their computing needs increase as well as scale down when they decrease. This saves them from having to invest in infrastructure that may not be needed later on in time.

3. Lower costs with pay per use

One of the best immediate benefits of moving your business to the cloud is that there is significant financial savings involved. Cloud computing fully makes use of hardware. With virtualisation, the value of the physical server is increased, giving businesses the opportunity to do more with less.

Cloud computing enables businesses, especially startups, to decrease the need for physical space, power usage, IT resources and more. As a result, there is a lower need for installation, maintenance, upgrades and costs for support and hardware. For SMBs, this is a valuable way of saving resources so they can concentrate on online growth.

Cloud-based resources are measured at granular level, which means that users only pay for the workloads and resources that they use. You also don’t need to buy software anymore or pay for someone or a team to update or install the software, manage email or file servers or run backups.

The benefit of cloud computing is that all of the applications and services are taken over by the cloud vendor, instead of you having to be responsible for any of it.

Best Lottery Tickets Online for Your Personality Satta Matka

Are you in search of the lottery secret formula? Have you continued to play the lottery with little to no luck? Do you ever feel like you are just giving your money away by playing the lotto? If you said yes to these, then you have probably felt like I have. I to, was looking for the lottery secret formula. I have always dreamed on winning the big JACKPOT and quitting my job. The feeling of knowing you no longer have to worry about money. I would always tell myself why couldn’t that be me? But now I no longer dream of winning the big JACKPOT.

You might be asking yourself why do I no longer dream about winning the lotto. I mean who wouldn’t want to win the lottery? Well about 1 year ago I took a big pay cut at my job. So as bad as this was, I at least still had a job. I use to play the lotto at least 4-5 times a day. I would love the excitement of knowing that any day I could possibly win the lottery. But I was tight on money at the time, so I figured I would stop for a while.

About 3 months after that a friend of mine asked me how I was with the lotto, since he knew I loved to play. The reason he was asking me was because he told me he saw a book online that supposedly has the lottery secret formula, and would show you how to win the lottery. At first I didn’t believe it, but figured I would read Matka what he had as entertainment. So after going online and reading a little more on this book I was intrigued. I decided I would by the book with my next paycheck. Even if it wasn’t true the book was pretty cheap so if anything I figured it would be entertainment for me. So when I started reading I was anxious to see if what this lottery secret formula was.

Like I said before I didn’t have a lot of money at the time so I was not able to play the lotto as much as I wanted but, I ended up splitting tickets with my friend. The first week after buying the lotto we each decided to put in 10 each. This way we could test out the lottery secret formula. To both of our surprise we ended up winning money that week. We won a total of 83 dollars, which mean between the two of us we had a profit of $63. This was great because it gave us more money to play the following week.

The next week we figured we would each put $20 this way we could improve our odds. After we saw the lotto drawing we could believe we won again. We didn’t win the lotto, but at least we made some money. We ended up getting $92 dollars that week. My friend and I continued playing each week, and would lose every once in a while, but at the end we were always up.

Then about 7 weeks ago when we were playing the Fantasy 5, we ended up hitting all 5 numbers. When we saw this we couldn’t believe it. The Jackpot was split by 2 winning tickets that day, which resulted in each winning ticket receiving about $106,000. My wife was so happy we won that she could not stop crying. This jackpot was more the enough to make up for my pay cut I had received.

So the reason I told you before that I no longer dream of winning the big lotto jackpot is because I expect to win it. After putting these strategies to the test I have won countless times and even managed to win the Fantasy 5. Now my next goal is to win the Florida lottery. Hopefully I will be writing a story about how I won the Florida lotto in the near future.

 

How Lottery Tickets Online Can Improve Your Life Satta Matka

Lottery games enthusiasts would often get updates on the daily winning combinations and they do so for either of three reasons. First, they would want to know whether the bet they have placed won. Second, they are simply curious about the daily lottery results. Third, they get the updates so they would have an idea how to make predictions about the next winning combinations. Whichever of these reasons the spectator or player has, many resources are available online. As many bettors play the pick 3 game in New Jersey, the nj lottery pick 3 results midday is updated information done on a daily basis to give the freshest winning combinations.

If you are from New Jersey, you may be familiar with the different lottery games played in the area. Perhaps you would agree that among these games, the most played is the pick 3. The pick 3 game allows you to play the lottery with a much easier task of choosing 3 digits for your combination, rather than four, five or six. For a minimum of $1 as well, you can already have your cash slip and play. Winning the pick 3 is fairly easy. Satta You would only have to be concerned about winning three digits and nothing more unlike with the other games where things do not stop with getting the first three digits right. The pick 3 also allows for a much bigger chance to win the consolation price if ever you are not able to get all three digits.

Some people give advice on winning the pick 3 game. Some would say that they can predict the numbers right there and then, based on premonitions and dreams. On the other hand, some would say that calculating probabilities is the key. In this latter information, they vary. Some would have software that would calculate for the possible winnable combinations, others would come up with mathematical formulas, and still others would recommend making tables and charts for reference. If there is one thing that these probabilities theories agree with, then it is the idea that the winning digit is more likely to be drawn again at the odds of 1:3. Between the personal significance and probabilities, the latter seem to be more plausible as it is able to give a more intelligent guess. If you follow that theory on probability and are looking to place a bet to be played on a midday draw, then it helps to know the nj lottery pick 3 results midday.

The game pick 3 can be played twice daily- during midday and the evening. When you have the lotto card, there is an option for you to choose which between the daily draws you are participating in. Remember that once you have made an option and pays for a single draw then your game qualifies only to that draw you have chosen. However, you can participate in as many draws as you like- make it daily and up to 7 days. Yet of course, you would have to multiply the amount to the number of draws you wish to have and pay that amount in full. Again if you wish to follow the probability theory and make your own lottery wheel at home for a midday draw, then better know the nj lottery pick 3 results midday.

Rent a Temporary Telecom Manager!

Business Cost Control Strategies

I cannot tell you how many times I’ve started a new relationship with a client whose telecommunications invoices totaled several thousand dollars a month across a wide network of locations, and the company employed only one (unqualified) person to manage all their telecom billing and ordering. Unfortunately, the result is always the same: these companies had been unknowingly hemorrhaging money for years by overpaying outrageous sums and erroneous charges for their telecom services.

Bringing in a professional telecommunications consultant (AKA, a temporary telecom manager) with appropriate resources and experience makes sense. This can effectively fix ineffective cost management and show quick, dramatic results. In today’s economy, you could easily bring in an outside expert on a temporary basis, because many great former telecom managers are out of work and working as consultants. Why not take advantage of this win-win opportunity?

Why do so many company executives still insist on using an in-house employee to manage their telecom billing? I have come to realize that they just don’t understand why this doesn’t usually work to their best advantage. They are stuck in old ways of thinking – not like the competent businesspeople they usually are.

Not only is it unfair to dump telecom management duties on some unfortunate, ill-prepared employee, but these poor souls are also destined for ultimate failure and blame. Having a person inexperienced in the intricacies of managing complex telephone bills is not conducive to running a solid, more profitable business.

A great many employees who manage the telecommunications function in-house have been assigned the task because it’s been delegated from management, often because no one else wants to do it – not because they are qualified to take on the role. These employees often fail, and not because they don’t want to do a good job. 085 nummer aanvragen It’s because they have not had the necessary cost-cutting education that consultants get by routinely working with hundreds of different telecom vendors, a wide variety of complicated billing technologies, constantly changing promotions and special offers, and executing proven cost-saving processes.

What’s more, in the recent past throughout corporate America, many valuable in-house telecom managers were phased out as VOIP and IT-intensive services and technologies took over, making some of their formerly valuable services expendable. Nevertheless, those same telecom managers are still available to lend their telecommunications audit expertise as valuable business consultants who can still help companies save money. They have the background and experience to help.

Another reason small companies lack competent employees to oversee telecom activities is that many medium-sized companies believe that they cannot afford to hire someone with experience. This is a huge mistake. Employees who manage telecommunications costs that total over $50,000 each month usually justify their salaries with the cost-saving techniques they bring to their job. Your investment pays off with their expert industry knowledge, negotiation skills, and ability to get your company the best price for telecommunications services. This type of employee – as well as cost consultants – should be able to justify their existence through the actual cost savings they produce.

For smaller companies, finding an in-house qualified person to manage telecommunications vendors and telephone spending is not realistic. For companies spending less than $50,000 each month, the expense of a full-time employee to manage the phone bills is not usually a good financial investment. Instead, these businesses should rent a telecommunications manager-consultant, even if it’s for a only a few months. This person can cut spending and get control of your telecommunications billing network. It makes great financial sense, and it works because great savings are always produced.

Smart business people bring highly qualified, objective and impartial outside professionals (AKA, a temporary telecom manager) on board to manage and audit their company’s telecom spending. Contingency-fee-based project management consultants are a great way to do this. Since there is no out-of-pocket cost, there is no risk. If the consultant doesn’t generate savings, there is no cost.

Proven management consultants can save many more times their actual fees by doing the specialized telecommunications work for companies. These consultants understand that when entering into a consulting relationship that the work is not permanent. They are expected to evaluate the current situation, clean things up, produce dramatic cost savings and depart.

The byproduct of a consultant’s participation is a more profitable bottom line to the clients and companies served. Some would argue that companies should just hire a telecom expense management company to take away the task. However, the main difference between a telecom auditor and a telecom expense management company is that telecom expense management companies are there for the long run, and you might find yourself somewhat stuck with them. With a temporary telecom manager, a short-term expert fixes problems and leaves you with a smooth-running operation.

For most executives, it makes more sense to rent a telecommunications manager to manage their expenses. All CEOs, CIOs and CFOs should consider outsourcing telecom billing expertise for just a few months and see what I’m talking about. You can measure the actual value to your company’s bottom line.

Finding Domain Name Availability in an Instant

Domain names play a key role in how visitors to your website perceive your business. This is precisely why you should spend sufficient time to find a domain name that best suits your business. Choose a name that not only enables visitors to relate with your site instantly but also helps in achieving higher search engine rankings. However, many a times finding a suitable name for your website can be a very demanding task since the name you choose may already be taken. Though this can be quite disappointing, you can get over this by using tools that can help you find domain name availability in an instant.

Domain Name Search

With literally millions of businesses on the internet, finding a specific name that identifies your business can be quite difficult. The name may have already been taken by someone else. So, what should be done in such situations? Well, the answer is quite simple really. Use a domain name checker to find out whether the name you want for your website is available or not. What if the name is not available? Well, it really depends upon how serious or how committed you are to having a specific name.

Buy Domain Names

If you already have an existing brand that is well known, it does not make good sense to ditch it just because you could not find a domain name of your choice, isn’t it? After all, you would have spent a lot of time, effort and money to establish the brand. Just because the domain name is owned by someone else does not mean that you cannot buy it from the existing domain owner. Just look into the “whois” information of the domain so that you can get the contact details of the owner. Next, contact the owner and find out if he or she is willing to sell the domain name. As it happens in most instances, the owner may be willing to sell the domain name for a premium. domeinnaam kopen prijs This means you will have to pay more for getting the name you want than what you pay for a new domain.

Few Suggestions

It may be quite disappointing to know that the domain name you want is not available as it is already owned by someone else. If it is not up for sale, what are your options? Well, there are different ways of getting over this. You can try a few domain name suggestions that will enable visitors to instantly relate with your business. One way of doing this is by adding the word ‘site’ at the end of the name. This is a common technique that most domain owners use. For instance if you want ‘jewelry’ and it is already taken then you can try ‘jewelrysite’ to get over the issue. Likewise, you may also use the word ‘online’ before or after the domain name you want so that it makes perfect sense to your visitors. Another domain name suggestion is to use your own name or use the word ‘reviews’. For instance you can use ‘jamesjewelry’ or ‘jewelryreviews’. Lastly, these suggestions will help you find the domain name you want, with some variations.

How I Won The Lottery – 40 Cool Things That I Did Satta Matka

I won a moderate sum on the lottery. I still win moderate sums. These are the 40 things that I would recommend if you want to win too.

1. Buy a ticket – No one has ever won without buying a ticket first

2. Remember to check your numbers – This is the second step to winning

3. Remember to claim your win – There is a lot of lottery money still awaiting collection

4. Buy, Check, Claim

5. Join a group or syndicate of lottery players. If one person wins, everybody wins

6. More people win with syndicates than without

7. Remember to play regularly

8. Subscribe

9. Make it easy to play

10. Play by SMS text message – No need to wait in lines or queues

11. Play online – No need to wait in lines or queues

12. Make it fun to play – Dream

13. Dream a lot

14. Dream about Boats, Houses, Cars, Holidays, Donating

15. Winning Satta India numbers are random – Choose your numbers randomly

16. Use lucky dips

17. Use random number generators

18. Use a good spread of numbers

19. I would try 4, 13, 25, 32, 39

20. You might have some luck with 17, 24, 26, 31, 40

21. Buy lottery tickets for friends. They may be luckier than you

22. Remind them to share wins

23. It is possible to buy 100,000 different lottery tickets and not win

24. Do not get addicted

25. Do not overplay

26. Get professional addictive behavioural help if you are worried

27. Get professional financial help if you have serious money problems

28. Lottery is a game

29. Lottery alone will not solve your problems

30. Though If you win (unlikely) it might

31. Do not use a system to choose numbers – You need to be random

32. Do not form patterns on the ticket sheet – You need to be random

33. Do not form zig-zags on the ticket sheet – You need to be random

34. Do not form circles, shapes.

35. Do not pick numbers that have already won. You need to be random

36. Do not use Birthdates. They stop you going higher than 31

37. Do not use repeating numbers. This is not random

38. Do not use consecutive numbers. This is not random

39. Do not use all even numbers

40. Do not use all odd numbers

41. 1, 2, 3, 4, 5, is not random

42. 22, 23, 24, 25, 26 is not random either

43. 7, 17, 27, 37, 47 you get the picture

MOST IMPORTANT: Send me half of all your winnings. It is only the right thing to do.

 

Free Online Slots – The Next Big Thing With Online Casinos

Online casinos, as a concept, are not particularly new. Despite having been around for quite a decent period of time, very few people are actually making use of this particular option. It is necessary that you also think about this option, slot online gacor terpercaya if you haven’t done so already. Compared to traditional casinos, the amount of money that you can end up saving with online casinos is quite phenomenal. In fact, one of the other big advantages with these casinos would perhaps be the option to play free online slots. This is something that you are most probably sure of enjoying.

There are lots of things that you might perhaps expect from an online casino. But, when it comes to getting a truly unique solution, nothing can quite come close to free online slots. In any casino, one of the best things that you could perhaps spend on your time on would be the slots machine. However, you should also be sure that you would actually like the concept of online casinos. One of the best ways in which you can perhaps be sure that you are addressing these problems would be by going in for these slots based games.

There are other advantages as well to free online slots, besides the obvious one that it is free. You can go in for it when you have just a short period of free time and need something that could perhaps take your mind away from things for a moment. This is very important as you would need to perhaps get the break from your daily mundane activities. Nothing can really be as entertaining as this particular option for this purpose. You could perhaps look around, but it is very unlikely that you will be able to find something that is genuinely good and worthy of opting in for.

Finally, you should also know that free online slots are the option that you would perhaps think more about if you want something that is completely free and has no commitments required on your part. Much unlike some of the other options around, slot gacor gampang menang you might find that these slots are actually the ideal choice when you want to experience the casinos without actually driving all the way there. After all, online casinos didn’t become an instant without proper help from the right places. This is perhaps the thing to keep in mind if you just need a simple, contract free source of entertainment.

Surviving the National Lottery – Football Pools Strike Back Satta Matka

The concept of the football pools dates back to Liverpool, 1923 when the late Sir John Moores printed off and distributed football coupons by hand after football matches. Fixed-odds betting on football matches had actually been in existence since the 1880s when newspapers in England began to present fixed prices on football matches. However, the concept of a football pool was radically different to that presented by the newspaper and has stayed relatively unchanged since.

Essentially, whereas the newspaper carried odds on teams to win or a match to end in a draw, the football pools allowed players to predict the results of multiple matches, with their entry ‘stake’ being pooled together. Winners would then be given a share of the ‘pool’ depending on the amount of money in the pool and the number of winners.

The basic premise of the coupon was to amass 24 points from the list of games played on a Saturday. In order to do this, players selected matches that they thought would end in a ‘draw’ and mark their coupon with an ‘X’. The number of selections a player could make depended on the ‘perm’ (permutation) they wanted to play, as well as the cost of the bet. For example, an 8-from-10 perm allowed players to select 10 matches in the hope 8 of them would result in a draw. Players would hand their satta completed coupons and stakes to a collector or agent, who would send them on to the operator’s office for checking.

Once all the matches had been played, the pools operator would check each coupon and allocate a score to each selection, depending on result of the match. Commonly, draws were awarded 3 points, with away-team wins being awarded a point-and-a-half and home-team wins being awarded 1 point. Coupon scores would be calculated on the highest scoring combination, depending on the perm played and a dividend announced based on the total amount of the pool and the number of winning players – the more players who scored 24 points, the lower the winning payout was likely to be. Meanwhile, pools players would huddle around the TV or radio – coupon in hand – and await the football results being announced.

Football pools co-existed with high-street bookmakers, who provided much more specific betting opportunities on football matches and horse-racing. While the growth of the football pools had no adverse effect on bookmaker turnover, the easier access to gambling provided by bookmakers did not affect the football pools business either. In fact, many gamblers combined the two elements, contributing to the success and growth of both industries.

However, with the introduction of the National Lottery in 1994, the numbers of people who played football pools began to decline and threatened the pools operators’ long-term future. In fact, immediately prior to the launch of the National Lottery, there was an estimated 10 million football pools players but the introduction of the National Lottery has seen the loss of around 90 percent of football pools customers – lured away by the potential huge lottery jackpot. This is despite football pools still holding a potential payout in excess of £1 million!

In order to survive, football pools operators were forced to consolidate and regroup, which saw some of the major operators amalgamate into a single, larger entity. Furthermore, with the introduction of the internet and online gambling, football pools operators also cast their nets wider in an attempt to entice a greater range of customer.

 

10 Steps on How to Develop a Business Properly

So you want to develop a business, huh? Well, you’re just in luck. This article will help you whether you are planning to start up new or have an existing business that you would like to expand. This is a step by step guide on how to start, improve, and expand a business while minimizing loss on your part. If you are starting new, please read this article carefully from the very beginning. For those, who already have an existing business and would like to improve or expand, the latter part of the article will be more useful.

Every business starts with an idea. You will find that throughout the article, I have emphasized the mental aspects of people rather than physical or financial aspects. Call me philosophical, but the mind is where everything happens. I have seen and experienced it time and time. When your mind is fully committed, there is literally nothing that you cannot do. Let’s begin.

Step 01: Find Your Passion

To start a business, you need to find out what it is that you are truly passionate about. “Why is that important”, you say? The answer is simple. You really do not want to get yourself stuck into a kind of work that you hate. There are plenty of planning and executing involved in a brand new business and if you are passionate about it, they would not feel like work at all compared to a kind of business you do not care for. After all, happiness is the end result of anything that we do in life.

Step 02: How to Sell It

Now that you have found your passion, let us figure out how to use it to bill people who are in need of the kind of service you can provide. Even though yours is the most ridiculous passion ever, believe me, there are millions of people who would be glad to have your services. As a matter of fact the stranger and more unique your passion is, the more likely you are to succeed simply because that type of business doesn’t exist yet. That also doesn’t mean that if your passion is something common or usual, you shouldn’t do it. Even if it is something common, if you really love it, you will always find ways to do things differently than the others and that itself is the winnerStep 03: The Planning

Write down your unique ideas and prepare a presentation. Take some time to do it. You should not rush this part. If a new idea comes while you are in the middle of the planning stage, do not hesitate to change. Edit and modify until you are fully satisfied and you can see a clear mental picture of your business.

How A Business Loan Helps Business People

Overview:
Becoming a self-employed businessman is a great reputation in the society but the problems faced by the entrepreneurs from the day one of their business is enormous. It is a great challenge for a person to overcome all obstacles to become a successful businessman. The numerous problem faced by all is finance. Even great entrepreneurs of various industries have struggled a lot of financial crisis for setting up their business and to run their daily business operations. Thus finance plays a major role in the life of business people. Great ideas require the necessary financial support to bloom into a successful business.

Introduction:
There are various sources for business people to raise capital for their business. The most trusted source is from banks. There are various reasons why people choose banks as the best source for raising capital for their business. Banks provide a lower cost of funds in the form of Business Loans. There are various types of business loans at differential interest rates to facilitate business people to solve their financial crises.

Types of Business Loans:
Businesses are of different types and need finance at different stages of their business operations. The need also being different, banks help them in providing different types of business loans helping various small and medium enterprises to raise capital.

New Project Loan – Banks are interested in funding for new businesses and also for new projects of existing business. There are various criteria for getting new project loan and differs from bank to bank. Project loans are approved against the collateral of the person like residential property, commercial property or empty land.

Top-up on Existing Loans – These loans are issued for expansion, replacement, diversification of an existing business. These loans are approved for short term or long term basis to buy goods, machinery or any fixed assets for the company.

Working Capital Loans -These loans are provided for the business to solve sudden financial crises and repaid within short durations. Banks are more interested in providing working capital loans against their inventories, stocks or receivable bills of the company.

Secured Business Loan – Business loans in which companies raise their capital against any security for the bank. It may include plot, residential or commercial places, gold, shares, bills, insurance as collateral to get funds for their business. The interest rate is preferably less.