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Rachel Eve's Finance

About us

Rachel Eve’s Finance is one of the reliable and trusted names in the field of finance that has been offering unparalleled financial services in many parts of the world.

Sources of finance

Supporting Growth

Our financial services have always played an important role in the growth of many institutions.

Lending Money

We also have money lending services, which gives money with a low-interest rate.

Corporate Finance

We have a separate team working to handle the finances of our corporate clients.

Debt Finance

We offer solutions for corporate suffering from big debts and help them recover from the debts.

Equity Finance

Trade shares through us, with zero percent commission.

Finance Management

Our financial management service is considered to be one of the best in the world.

Financial Areas

Business Finance

Money Management

Corporate Finance

Investments

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Personal Finance

Income Streams

our Blog

large truck purchased with financing

Reasons Why You Should Consider Financing Large Purchases For Businesses

Starting a business of your choice and of something that you enjoy might be one of the most fulfilling jobs there is. Earning money while doing the things you love is obviously very rewarding. However, not a lot of people have that chance because a lot of factors need considered before getting started with a business.

Now, if you think that once you had already established your business, then you no longer have to face any problem- you’re wrong. A lot of people who own a small business have to make large purchases to get started. For example, a friend of our who owns Roadside Assistance St Louis had to make a lot of large purchases to get his business started. Without financing these large purchases, he wouldn’t have been able to start his business.

The goal of this post is to educate others on what a big purchase is and why it can be valuable to your small, medium or large business to finance these large purchases instead of paying for them all out of your own pocket.

What is a Large Purchase?

Also known as a big purchase, the definition for large purchase is very direct, it’s something that you want to purchase, but you cannot afford.

Let’s say, you’re someone who earns enough money for your rent and food, just enough money to get by on a day to day basis. Now, you want to buy a pair of shoes that’s 6x the price of what you can afford. Buying the shoes means you have made a large purchase.

However, this idea can be different if we apply it to businesses, This is because most business owners have a lot of things to consider before they want to have a large purchase. Some business owners need to make a large purchase in order to be able to increase their revenues. However, some things may get compromised if the business owner decided to make a large purchase which is why these business owners look for financial firms to support their large purchase.

Not a lot of people support businesses who want to make a large purchase. Here are 2 reasons why you should finance large purchases for a business:

  1. You’ll Get Good Returns

Just like making a large purchase, financing requires a lot of careful consideration before you decide to finance a certain business for their large purchase. You have to weigh in the pros and the cons before you give them a go at their large purchase. However, if you decide to finance a business’ large purchases and the purchase was able to pull the business’ revenues up, then you have made a good decision. The business who have asked for your financial support will most likely pay their debt, with interest.

There’s even a chance that the business will give you a share of their company because of the support you have provided them.

  1. You’ll Be Helping Business Owners

This may not be the best option out there, but believe me, helping others, especially business owners like you, is very fulfilling. As mentioned on the first point, financing a large purchase can give you huge returns, especially because you have lent them your support during one of their company’s tough times.

With the financial support, you have given, you’ll be helping others as well as earning money yourself. That’s hitting two birds with one stone.

Final Thoughts

Providing financial aid to business owners, especially when it comes to making large purchases can be very beneficial for you. You just have to make sure that the business you’re providing financial aid is worth the help that you have given because it will all be returned to you with bonuses.

Why I Hired A Virtual Administrative Assistant For My Business

Large companies and small businesses alike are turning towards hiring virtual administrative assistants more often these days, mainly because the benefits of doing so include having more time to focus on the things you need to, allowing you to spend your energy and time towards tasks that you want to do, increasing revenue and receiving expert advice on how to make your business successful.

As a business owner, it is safe to say that, in order to get the ball rolling and keep it in motion, you’re going to need a team that doesn’t only consist of yourself and the many grey hairs you’ll develop over time trying to handle everything on your own. That’s why virtual assistants, or VAs, are available for hire to help!

 

At Rachel Eve’s Finance, we recognized early on the Admin segment of our company wasn’t running as smoothly as we wanted it to. Additionally, we were spending large amounts of time on areas of our business we 1) didn’t enjoy, and 2) weren’t helping us increase our revenue. After a long search, we decided to go with Lorie Nelson at Signature Virtual Assistance (https://www.signaturevirtualassistance.com/)

 

While most VAs tend to focus on a single niche, Lorie and her team is able to analyze your entire Administrative piece of your business and turn it completely upside down, helping your entire company run more smoothly and efficiently.

 

She helped us realize that in the long run, virtual assistants save you money because their job is to help your business run smoothly and you don’t have to cover the costs of their office space, resources, employee benefits and taxes, vacation days, sick leave and more.

 

They are independent contractors who are available when you need them, and they don’t have to show up to your business to punch a time clock to be helpful. Being “virtual” means they’re usually on call 24/7 and discuss matters with you via an online form of communication.

 

How A VA Can Help

Here are just some of the many areas where a virtual assistant can help a business like yours, just as they did mine:

  • Email management
  • Appointment management
  • Planning and arranging travel
  • Accounting
  • Researching topics
  • Bookkeeping
  • Tracking expenses
  • Locate vendors
  • Website management
  • Social media management
  • Other administrative support

 

Recommend Missing Job Positions

Virtual administrative assistants can also recommend job positions or programs that your business may benefit from by implementing them. For example, if you’re a business owner trying to reach a target clientele, your virtual assistant may recommend that you hire a marketing director to handle that department if they feel it will benefit your company. Their working hours are dependent on the duties you’ll assign them to complete for you, and salary rates are negotiable, which is perfect for new and small businesses!

 

Help Keep Overhead Low

Often, there is a large chunk of your business profits that do not need to go towards hiring someone full time, especially if their working hours may fluctuate each week. Virtual assistants help keep your overhead low, which only promotes the expansion of your business.

 

Lesson Workload of Other Team Members

If you’re a business owner who already has several employees on your team, VAs can help lessen their workload. This leads to happier, more productive staff.

 

Summary

Most of us start a business in an area of expertise that we know well and enjoy, whether that be a law firm, pet grooming parlor or a real estate agency. Quickly, we come to find that more time is spent exhausting yourself with tasks that need to be done but (in all honesty) you do not want to have to complete. That’s where virtual administrative assistants come in to play, and they typically are happy to get the job done for you. After all, it’s what they do!

Financial Practices For A Better Living

For most of us, life is not a smooth ride. It is filled with obstacles, bumps, unexpected twists and turns. There are times when we can avoid them, and there are times when we have no other choice but to go through them. In most of the cases, money will be the main reason for the problem. If there is a proper cash inflow, and if few financial practices are cultivated, then there are very fewer possibilities of the problems occurring in life. In this article, we will see some financial practices that one should have for a better living.

Save like hell

There are a few people in the world who does not know the concept of saving. At the same time, there are ones who are stingy. Saving and being stingy are two different things. Saving is avoiding unnecessary expenditure, but being stingy is not spending even when it is required. So, start saving as much as possible with whatever you get. You don’t know what the future holds, hence be ready for anything that can happen tomorrow.

Verify your coverage

 

Most of you might have got your assets covered with some insurance plan. At least check with other policies once in a year and make sure that your coverage is the best option. It is because there might a change in policies that you might not have noticed while you are renewing it. So it is better to check with every insurance policy that you have signed.

Proper investment

We are not denying the fact that investment is important. But you should also make sure that you should not be under financial burden for a long time just because you have invested in something. A wise investment is something that you should grow slowly and should not hit your hard in terms of finance. Investing in things that are way beyond your capacity is not advisable.

Credit Cards

Make it a point to use credit cards for normal and regular expenses. It might sound simple, but it is one of the hardest things to do. Just like that, we swipe the credit cards for most of our expenses, and we are shocked at the credit card bills that come at the end of the month. Using the credit cards for normal expenditure will let us have a clear picture of where and how much we have spent.

Form a budget and stick on to it

Forming a budget and sticking on to it is one thing that will definitely save you a lot of money at the same time it is one of the hardest tasks to do. It is said that more than ninety percent of the population miserably fail to stick on to the budget.

Be ready to pay taxes

This is one part of the routine that most of the people hate, except for the auditors who make huge lumps of money out of it. It is the duty of every citizen to pay taxes properly. Tax planning will be difficult if you are piling up things to the last moment. If you are keeping track of the expenditure on a monthly basis, then it should be a piece of cake. If you are handling a huge amount, it is better to get some professional help so that you get some benefits.

Eminent Personalities In The World Of Finance

The finance of a normal person is very limited to his earning capacity. The truth is that there is not much to think beyond that. But there are few people in this world who have a very different approach to finance and are considered to be unique in their own aspect. In this article, we will see some of the eminent personalities in the world of finance.

Warren Buffett

Warren Buffett is the CEO of Berkshire Hathaway. He started trading stocks at the age of 11. It was a perfect kick start, and there was never looking back. He was one of the early investors in some big companies like Coca Cola and American Express. After he took over the company in the year 1964, he invested 1000 dollars in it. Now the value of the stocks is more than 10 million dollars. All these years the company has invested and acquired many companies.

 Janet Yellen

Janet Yellen is the Chair of Board of Governors of the Federal Reserve. She is the first women to hold the post. It was during her period, the country lowered its unemployment rate up to 5% by adding 271000 jobs. There was also an overall rise in the interest rate. Her financial expertise and her guts to take some risks are to major reasons for the drastic transformation and a phenomenal success.

Jiang Jianqing

Jiang Jianqing is the Chairman and executive director of the Industrial and Commercial Bank of China. It is the world’s largest commercial bank that possesses assets over 3.5 trillion dollars. During the Chinese revolution, he worked in the farms and coal mines. ICBC was started in the year 1984. He became its president in the year 2000; thanks to this financial genius the bank is making an annual profit of 45 billion dollars.

Abigail Johnson

Abigail Johnson is the CEO of Fidelity. Fidelity is the second largest mutual fund company in the United States. It has assets of over 5.2 trillion dollars. It is no surprise that she had taken the firm to greater heights by increasing the overall profit because she started working in the company when she was in high school.  Her personal wealth accounts for nearly 18.5 billion dollars. She is one among the wealthiest women on the planet.

Larry Fink

Larry Fink is founder and CEO of BlackRock. It is the world’s largest asset management firm. Fink is known for the risks that he takes and is regarded as the best when it comes to analyzing risks. His company is now responsible for overseeing the assets worth 4.5 trillion dollars all over the globe. Fink is often considered to be the ideal candidate for US Treasury Secretary.

James Diamon

James Diamon is the CEO of JP Morgan. He has been holding the post for more than a decade. We all know that JP Morgan is not just the largest bank in the US, but is also one of the largest in the whole world. It has assets worth 2.6 trillion dollars. Diamon attained the rock star status in Wall Street after the financial crisis, because JP Morgan was one of the very few banks that was able to withstand damages during the financial crisis.

Our clients say

Aubrey M. Morris

Rachel Eve’s Finance is a name you can trust when it comes to financing. Their financial advice is one of the reasons why my company is making huge profits today.

Virginia J. Gries

They offer amazing services. They lend money with very fewer interest rates.

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