Top 3 promising industries for investment in 2020

Any investor in the UK worth their salt will be trying to work out which industries could do well in the coming year. This allows you to identify promising ones you expect to flourish early and invest in them to get the best return possible. Whether you are a business looking to invest in stocks or a private investor, this makes sense. But which are the hottest industries which could dazzle us in 2020?

Healthcare and pharmaceutical

On both domestic and global scales, the healthcare and pharmaceutical sector is set to be a tempting one for UK investors. This can be seen when looking at a country like China which is becoming increasingly keen to partner with Western drug companies. As well as a large population to run trials on, there is tight regulation by the CFDA (Chinese Federal Drug Administration) on Chinese companies who perform clinical trials. This makes it an attractive proposition for drug companies in the West looking to test out new products reliably and on a large scale before bringing them to market.

The net effect of global business like this could be more healthcare companies bringing new products to market and the people who invest in these companies achieving decent returns. The other factor which could make this sector a wise investment choice in 2020 is that the world’s population is growing older. This means that businesses in this industry will experience a greater demand for their services.

Tech

Canny investors will know that 2019 was a great year for the technology sector with growth of 29.4% recorded. The good news is that 2020 looks set to continue this trend. The major reason for this prediction is that we simply live in a tech-driven world where the latest innovations or gadgets are important to people. You only have to look at how the Internet of Things (IoT) has blossomed in recent years to see this in action. This global demand for tech in business and personal life should be enough to see this sector and the businesses in it have another great 12 months.

Renewable energy

It is thought that around a third of UK investors surveyed by GraniteShares pick renewable energy as the industry they expect to have a great 2020. When you think about it logically, this makes sense after the increased attention that climate change received in 2019. The next 12 months could see companies in this industry experience more demand for their services and products. This in turn could not only bring investors in them profits but also create a feel-good buzz around the sector which will in turn attract more money into it. Do not be surprised if this is one industry which will make 2020 its own.

2020 looks set to be an exciting year

Now that investors have reviewed 2019 and how it affected their portfolios, a new year is the ideal time to make fresh plans. For many, this will involve hunting out promising sectors to invest in. If you are a UK-based investor looking to branch out, the above are some great choices to think about.

5 Ways to Improve Your Chances of Getting Business Finance

For many small and medium businesses, business finance can be their ticket to success. Additional finance can solve cash flow problems and may be used to enable growth.

There’s just one problem: business loans can be hard to secure, especially from banks. 

So if you need business finance, it’s a good idea to prepare your application in advance. To get you started, here are five ways to improve your chances of being approved for Business Finance. 

1. Build Your Credit Score

Most finance providers will take a look at both your personal and business credit score and history when reviewing your loan application. This means that if you’re planning on applying for a business loan in the future, you should start building your credit score now

Improve your credit score by paying bills on time and clearing as much old debt as possible. Being smart with a credit card, or even better a business credit card, can also bump up your credit score — make one-off purchases and pay your bill in full at the end of each month. 

2. Create a Thorough Business Plan

Finance providers will want to see that you have a plan in place for managing finances and initiating growth before providing finance, so before applying for financial support, you should have a thorough business plan

A business plan will give you a clearer idea of how to progress and will prove to lenders and finance providers that you have long-term plans and goals for your business. It also shows that you’ve considered how you will manage your funds and use it to improve your financial situation. 

Any finance provider that considers supporting your business, will first check that you’re worth investing in and that you’re a low-risk lendee. Proving that you can think ahead and manage your finances shows that you’re a good candidate for a loan or finance. 

3. Consider Alternative Finance

Banks can have low approval rates when it comes to business loans. If you don’t have the best credit rating or you haven’t been established for very long, it’s unlikely that you’ll be approved for a bank business loan. 

However, there are other business finance options you can consider. Alternative finance providers offer business finance with higher approval rates. Many alternative business finance providers will also consider your application based on more than just your credit score. They’ll take into account your business’ overall performance. 

4. Prepare the Right Documentation

Regardless of the finance provider you apply for a loan or finance from, they will usually ask you for certain documents before considering your application, and it’s worth having these ready before you apply. 

Make sure you have your business plan written up, your personal and business credit report, and any tax returns and bank statements. You may also need a list of your current and aged debtors and creditors. Most business finance providers will outline what documents you need on their website, so you can prepare these in advance. 

5. Only Apply for What You Can Afford

Finance providers have worked with hundreds of businesses, so they have a pretty good idea of how much finance businesses need to achieve their goals. If a finance provider suspects you might struggle with the repayment of a loan, they’ll reject your application. 

To give yourself the best chance of being granted a loan or finance, first think about what you can afford each month. Consider how much you need, what you’ll do with the funds and how long you want to spend repaying the loan. 

A longer loan repayment period can mean more affordable monthly instalments, which can give you the freedom to borrow more. If you’d rather spend less time repaying the loan, you’ll have to make larger monthly repayments. In this case, to keep costs down, you might need to consider borrowing less.

Learn to play poker – how to do it?

Have you ever wanted to know how these rich poker professionals are making their moneys? We are glad to tell you that they aren’t actually holding any secrets, as most of the poker professionals are giving away lessons (some of them even do it for free) that tell you exactly HOW you are supposed to play in order to win. Even with all this information available, how come it’s not that easy then?

Continue reading “Learn to play poker – how to do it?”

Chill Insurance secures Aaran Insurances acquisition

Online insurance broker Chill has announced the acquisition of Dublin-based broker Aaran Insurances. Chill, which has annual revenues of nearly €24 million (£20.7 million), has been experiencing considerable growth – and this latest move is designed to help further strengthen its market share.

Continue reading “Chill Insurance secures Aaran Insurances acquisition”

MIS-SOLD PENSION WITH CHERISH WEALTH MANAGEMENT

Pension mis selling is almost becoming one of the biggest scandals in the United Kingdom due to increasing numbers of unauthorized introducers. A research done by the Financial Conduct Authority has revealed that out of 8 people who sort financial advice within the last 1 year, one was mis sold a pension product. As a result, insurers and advisers stand paying at least £6 billion as compensation to the retirement savers. Continue reading “MIS-SOLD PENSION WITH CHERISH WEALTH MANAGEMENT”

The benefits of a bridging loan

If you’ve considered bridge finance as a possible means of financial support, here are just some of the ways it can help you

Bridge loans, residential or commercial, can act as an effective means of short-term finance when you need it the most. Unlike more traditional methods of financial support like a mortgage, bridge finance offers you funding quickly in order to cover a gap in your finances or provide the money you need to take advantage of a short-lived opportunity. Continue reading “The benefits of a bridging loan”

Things you need to know as a currency trader

There is no need for the traders to place their trades every once in a while. It has to be with proper planning and the traders will also need to give their best to the trades. Only, then there will be good returns from the trading approaches. The market analysis will have to be done properly by the traders to ensure the trades in the markets. Before that, the traders will have to make some proper preparations from their side to the trades. In this article, we are going to talk on that with more details. Our main concern would be to save yours from investing in too much trades for earning more profits from the markets. Instead, if you can manage the trading process less frequently and with more time, there will be good profits coming to your trading account. So, do not let the trades to be too much of a mess for yourself. Continue reading “Things you need to know as a currency trader”



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