The rising of education cost makes college education become more and more expensive; especially in today’s bad economy situation where students are hardly get a loan to finance their study. It may stop some of students from pursuing a higher education due to unaffordable education cost. Thanks to the available of online education that makes college education more affordable and becomes a better option for students to earn a degree online.According to college education & funding survey reports found, the results show that college tuition fees have increased by over 400 percent from year 1982 to 2007 while households’ income rose below 150%. Situation may become worse following the bad economy that leads to a recession, which may put higher education out of the reach for most students. An alternative education option is needed and online education is the solution, it makes college education more affordable.Online education has been around for years providing an alternative option for students for earning their degree. Online degrees have been wisely accepted in job market, most online students have no problem to use their online degree to start their career or find a job. During economy up-time, online education is an alternative; students can choose to pursue their degree either online or at a brick-and-mortar university. However, when comes to a recession, the education cost is the key consideration factor for many students, online education become a great option for students to pursue a degree at an affordable cost.Online education saves cost in a variety of ways. Most of learning materials are in downloadable format, helping students to reduce the cost needed in purchasing printed books and references. Students don’t need to travel back and forth the campus by attending classes online through internet connection, saving them time and money on transportation. For students who take the traditional path to earn their degree at the brick-and-mortar university, they may need to relocate to the area near the school if they leave far away. The relocation cost can be saved if they choose the alternative education option and earning their degree online. With online education, distance does not matter, any school that offers online degree programs can be reached at a mouse click.Generally, the tuition fee for online degree is cheaper than the same degree cost in campus-based school. Since most of teaching materials are in online format and the classes are done through the online learning system which does not require physical classroom setting, most schools are afforded to offer the online degree in cheaper way without scarifying the teaching quality. Online education provides a more affordable channel for students to pursue a degree from their computer through internet connection.SummaryThe education cost has risen 3 times faster that the household’s income, stopping more students from pursuing higher education due to unaffordable education cost. The online education helps to reduce the total cost in the ways of reducing some major expenses, making it a more affordable education option, meeting the tight budget for many students in the time of recession.
Things You Need to Know About Finance Jobs
Finance and finance jobs can be quite complex, but for people who are endowed with great analytical and numerical skills, the challenges can be quite minimal. If you want to pursue a career in finance, here are a few things you might want to know:1. Basic RequirementsJobs in the finance industry are promising. It is one of the reasons why getting them requires a lot of effort, skills, and education. The most basic educational requirement for a job in finance is an undergraduate college degree. But when you apply for a job here, you will usually find that some applicants have in fact graduate degrees such as MBAs and other masters’ degrees.Like other industries, finance has an established set of professional qualifications for evaluating applicants. Requiring applicants to be licensed as Certified Financial Analyst, Certified Financial Planner, or Certified Public Accountant is not uncommon in the finance industry. Careers in finance are bright and rewarding, but since they involve money, they require great care, accuracy, and attention to details.2. Where to Find Job Opportunities in FinanceFinance institutions can be found in almost every city anywhere in the world, but many of them are located big cities. If you want to get a finance job abroad, you should consider that most companies prefer employees who can speak in the native tongue. Besides English, you should learn a second language to qualify for a finance job in other countries.3. Job Opportunity ResourcesBecause of fierce competition, finding a finance job can be a challenge, but there are resources that can help you find the job you want. A lot of finance professionals join the workforce straight from college or graduate school. They found their job when financial firms visited their school and offered them work.The school is therefore a good place to start to find work especially if you are still in studying. If you have graduated from the university, there are lots of job resources to go to including online job postings of reputable finance companies, recruitment firms, and social media sites such as LinkedIn.These are some of the most important things you need to know when considering a job in the finance industry. When looking for a job, you will see that competition may be fierce. But if you have the qualifications and persistence, you will surely find the job you’ve been dreaming about.
Looking for Ways To Finance a Franchise? There Is Only 1 Way When Financing a Franchise Investment!
You’re there. You have made the decision. You’re committed. You have timelines now. We’re talking about your franchise finance decision and the next challenge you have in the franchise process – financing a franchise. How many ways to finance a franchise are there? Only one… the right way! And we’ll show you how.The ability to finance your franchise properly and satisfy the requirements of the franchisor without putting you overly in debt is what it’s all about of course. And if you do it right then you of course have the potential to grow a business, profit from it, and build owner equity for either long term resale of personal financial gain. That’s simply what it’s all about, and boy does it help if you like what you are doing, at the same time taking on the entrepreneurship role in Canadian business.The good news is that your are lucky, because franchising couldn’t be any hotter or more popular. Franchises move goods and services in the billions in Canada, and you’re now part of that movement.But let’s be realistic, whether it’s a franchise investment of any other business start up the same critical needs apply relative to planning and financing.Homework. Did you hate it in school? Well here it is again because we strongly suggest to clients that you are now in homework mode when determining how financing a franchise works. It’s all about planning, which includes ensuring you have a profitable potential business on your hands, as well as understanding ways to finance a franchise in Canada.Business plans are critical to your franchise investment. It’s a case of demonstrating your business has both profit potential plus, and this is what interests the lender, that you have the ability to repay your debt and loans. The franchisor naturally is interested in long term success of the chain, and your ability to pay royalties as they become due, usually monthly.When you address the franchise finance decision you must consider a number of items – they are as follows – what is the total all in cost, what methods are available to finance each part of the cost breakdown, and finally, and perhaps most importantly, how is the actual financing done.The costs to assess in a franchise finance investment are as follows – the initial franchise fee, the cost of fixed assets or leaseholds to your business – i.e. equipment, signage, vehicles if required, etc. And finally, if you did all that and didn’t address working capital for ongoing operations and growth then you are setting yourself up for failure.Clients are always looking to us for a magic solution and a one stop finance strategy for their franchise investment. The closest we can come to that is the government BIL/CSBF loan, under which the majority of franchises are financing in Canada. You can successfully augment this strategy by equipment financing for a variety of assets as well as a small working capital loan, usually unsecured. Don’t forget also that your own owner equity investment becomes the final piece of the puzzle.And getting back to our business plan, ensure that you have covered off all the debt you need and that if reflects your ability to pay it back.Financing a franchise. Challenging? Yes, we guess so. Possible? Of course. Speak to a trusted, credible and experienced Canadian business financing advisor with franchise experience who will help you navigate, successfully, the only way to finance your new business – the right way!