Vikram Katral – Best Investment Option to Invest in Your Business

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Listening to investment advice is crucial in every venture and business. We can say that it is common for people, regardless of the work they do, to seek financial stability, but with the worry of having to bear high debts and interest on loans to get it.
According to Vikram Katral for entrepreneurs, knowing how to manage their money in a healthy way is even more important, considering the uncertainties that their own business can bring, mainly for beginner entrepreneurs.
We know that when money is stopped, easily accessible and without a specific destination, it is easier to spend it irresponsibly and unnecessarily.

The importance of investing money in different ways

Some investments allow you to allocate a small amount, while others require a higher value to start. With the withdrawal, it works the same way. There are investments that you can withdraw at any time, such as savings, and others in which you will only see your money again after six months or a year.
If you research the market, you will see that there are investment options available for every entrepreneur profile, from the insecure to the most daring.

Vikram Katral

However, it is not advisable to put everything you have (even if little) in a single investment.
As the financial market suffers many oscillations, mainly in more fragile economies, if you put all your money in one place, in the case of a fall, you can suffer a lot of damage or even lose all the invested value.
“If you diversify your investments, in addition to ensuring that financial resources multiply, you can avoid dramatic losses if there is any negative variation in one of the markets.”

What Value to Invest?

First, it is important to know that there is no minimum or maximum value to invest, the amount will vary according to the type of investment and the profile of the entrepreneur.
However, there are some calculations you can do to think of an amount that is ideal to achieve your goal.
Start recording all your fixed expenses, such as rent, financing, electricity bills, water, health plan, telephone, Internet, monthly bills, taxes, studies, among others. Do not forget to place the expenses generated by your company, such as the rental of space (if applicable), production costs and payment of suppliers.
Record a cash flow value, so that the company continues to operate, even if you are not generating so much income.
To perform this control, you can use Excel, Google Drive or financial management tools available online.

Vikram Katral

Types of Investment

There are several types of investment in the world, so we will present the main formats and explain what differentiates each one of them so that you can decide the best destination for your money.
When analyzing the advantages and disadvantages that the models present, try to also observe which are the ones that best suit the goals you set for your venture.

Savings

Saving is one of the most common forms of investment, probably because it is available at any financial institution.
However, it has lost space in the face of options that, despite being a little more complex, end up being more profitable for the investor.
To start, you only need to find a financial institution with the required documentation in your hands and open a savings book. From there, the investor can deposit and withdraw the desired value when he needs it.

Advantage

Have daily liquidity, which is exactly the practicality of being able to withdraw money at any time.
It is exempt from income tax.
It is a form of safe investment since in several countries it has the protection of protection funds by a natural person.
It has no charges.

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