Business for Sale – Find Restaurants and Bars for Sale in an FSBO Directory
Perhaps owning your own restaurant or bar has been a lifelong dream, or you are looking for a new business opportunity in your area. Skeptics may tell you that owning a restaurant is a risky venture, and that most restaurants go bankrupt within a year of being sold, but not if you avoid the most common mistakes. Before you start searching for restaurants and bars for sale, the most important thing to do is avoid the common pitfalls.Find out if you are a good candidate for owning this type of business before you consider buying an existing bar and restaurant for sale.* Do you have experience in running a restaurant? If you have zero experience in this area, there are a number of things you must learn about before jumping in and searching the “bar/restaurants for sale” listings. Consider taking some courses or shadowing a restaurant manager for a few days.* Are you good at managing the books and dealing with cash? Unless you are able to manage a cash business on a day-to-day basis, owning a restaurant could be difficult. This is also something to consider when valuing a restaurant and bar for sale, so be prepared to investigate the figures of any business you plan to buy.* Do you know how to uncover hidden problems that may negatively impact your ability to succeed in a given restaurant? This means properly inspecting the equipment, researching the economic viability of the neighborhood, determining the real cost of food, learning about potential issues with the health department of any bar/restaurant for sale.Knowing what you are getting into and having the skills to manage it properly is the key to success in the restaurant industry. Be sure to ask yourself these important questions before searching in a for-sale-by-owner directory of restaurants and bars for sale.
Finding the Right Automotive Lifts, Truck Lifts, Car Lifts Or Motorcycle Lifts
Car lifts, automotive lifts, truck lifts, and motorcycle lifts can all play an important role in a home or commercial garage. However, it is important that they match the vehicles you’re working on, the space you’re working in, and the type of repairs you’re doing. Otherwise, the job will become far more difficult and even dangerous if you choose the wrong type of lift. Luckily, as long as you understand what to look for, you’ll be sure to find the right lift for your needs.Comparing Car Lifts/Automotive Lifts/Truck Lifts/Motorcycle LiftsBe sure to watch out for poor quality and super inexpensive car lifts as well as overpriced models. This is why it’s important to purchase from a reputable dealer. Otherwise, you could be stuck with one of the hundreds of fly-by-night companies. While some of these appear to offer quality products, they’ve only been in operation for a few years, so there’s no way to tell how long their car and truck lifts will last.The other issue with purchasing from new dealers is that a majority of the products they offer aren’t ISO-9001 compliant. In fact, many of these dealers bring machines from Asia, place their stickers on them, and put them up for sale. These automotive lifts often fall far below national standards in terms of safety and quality.Warranty is another important consideration. Most of these poor quality units will only come with one year’s worth of warranty that covers nothing except the parts. This means that if there are any repairs, you’ll have to consult with a customer service agent over the phone to identify the problem. Then, the parts will be shipped to you, and you’ll be left on your own to make the repair. With a quality product and a reputable dealer, you’ll never have to worry. Your warranty will cover two or more years of parts and warranty and you’ll have experienced repairmen to help return your machine back to its original state.Because these companies have survived for a number of years, you won’t have to worry about not getting the parts you need in the future. Many of these companies continue to offer parts for various models long after they’ve been discontinued.The automotive lifts and motorcycle lifts produced by reputable companies have a lower chance of breaking down simply because they are better constructed, with higher quality materials and with better welds.Use & Application Of Different Types Of Automotive, Truck And Motorcycle LiftsOnce you can identify the traits of good quality automotive lifts and motorcycle lifts, you need to decide which type of lift is going to work best for the work you have in mind. Here’s a look at the uses and applications for the various types of car lifts and truck lifts:- Portable Automotive Lifts: When you want to make repairs on the go, or need a lift for car shows and similar types of events, this style is ideal. They are small, light, and easy to move around, giving you the freedom to get the job done quickly and easily no matter where you are.- Turf Equipment, ATV, and Motorcycle Lifts: When you’re working on specialty equipment, you need specific lifts in order to do the job safely and efficiently. Motorcycle lifts are the best option for your favorite two-wheeled toy because they are designed specifically for this purpose; other styles are simply an accident waiting to happen. Turf and ATV platforms are ideal for machines because they bring the equipment up to a comfortable height while leaving you room to work on the undersides as well as giving you room to change the heads in the front.- Two-Post Car Lifts: These are small enough to fit into a small garage or shop bay while still leaving you with room to work on the vehicle. For heavier vehicles, choose an asymmetrical design for added security.- Four-Post Truck Lifts: The extra posts not only make this style sturdier, but they’re also a better choice for commercial repair bays because of the added convenience of driving the vehicle on and off the platform.- Scissor Car Lifts: Professional and amateur mechanics both love this style of automotive lifts because of their ability to handle more weight and longer vehicles while still giving you enough space underneath to give you access to the undercarriage.- Pit Truck Lifts: These are ideal for a busy automotive garage or for areas where space is at a premium because they sit flush with the floor when not in use. They also give you lots of space to work and can be either mounted in the floor or completely portable.- Storage Lifts: Single and two posts hoists are the best choice when storing any style of vehicle for any length of time. Some of these models are completely freestanding while others will require anchoring, but either way, you’ll find these to be a secure and safe option for almost any vehicle.Finding The Best Brands In Automotive Lifts, Truck Lifts, Car Lifts & Motorcycle LiftsThe best brand doesn’t just offer quality machines. The best brand offers an entire package that offers you the best value from start to finish. The proper regulatory authorities should certify the equipment and there should be a solid warranty on parts and labor in the event that something goes wrong. The brand itself should also have some longevity to ensure you can get parts, service, and help long after you make your purchase.
Crypto Currency Vs Fiat Currency
Crypto currency vs. Fiat currency
Are you aware of the fiat currencies and the crypto currencies? They both are currencies in one form or the other and are open for public use across the world. But they are both different and distinct in their own ways. There is always one group that favors the use of cryptos, while the other has a soft corner for the fiat currencies.
In cashless society- crypto money play a huge role
If you have a look at the market of the 1970s and 1980s, you will find that the cash played the dominant role. But, with the change in the technology, electronic transactions have become the usual norm. Today, more and more people are influenced in becoming the cashless society. With the progress towards the cashless society, cryptocurrencies have a big role to play.
Crypto currency and fiat currency are always at loggerheads
Cryptocurrency and fiat currency are popular types of digital currency, especially when it is about an online transaction. They both are currencies currently in use in the market but have some differences in them. There is a hell lot of hypes that you will hear on a daily basis comparing the crypto money and the fiat money. This article will highlight the difference between the two in a more comprehensive and clear manner.
Differentiating in what the currencies stand for
Before going for the difference between the two, you must understand what do they stand for and how are they are defined.
The fiat currency is a legal tender that has the support of the central government, and it operates in the physical form. For instance, US dollars, British Pounds, Euro etc. On the other hand, the crypto currency is a non-legal tender, and doesn’t have any backup from the central government or bank.
Hence, the difference between crypto currency and fiat currency is noted as follows:
• Crypto-currencies are decentralized and global in nature. There are no one entity or government that controls the currency with their laws and regulations. The Fiat currency is centralized, under the control of the laws and regulations of the banks and government.
• Crypto-currencies have their existence only in the digital domain. On the other hand, you will find that the fiat currencies have a tangible and physical existence.
• There is a limited supply of crypto-currencies with a maximum set of them getting supplied in the market. Whereas, the fiat money has an unlimited supply as the government and bank are entitled to produce coins and paper money whenever the situation is required.
• The Bitcoin and other crypto type currencies are created by the computers, while the fiat currencies are issued by the local government and the banks.
• Cryptocurrencies are presented as the public and private code pieces. On the other hand, the fiat currencies are presented in the form of coins and paper money.
• The value of the crypto currencies is not recognized by the supply and demand of the market. Whereas, the fiat currency value is determined by the market regulations of supply and demand.
The different types of crypto and fiat currencies
In the last one decade, the popularity of crypto type currencies has emerged as a huge success. It was in 2009, when Bitcoin was first introduced, and years after several other types of crypto currencies have emerged. Starting from Litecoin. Dogecoin, Ripple to the Dcash and Zcash, there is a plethora of them. On the other hand, the fiat currency has a rich and ancient roots, with the Great British Pound, that dates back to 775 AD. It is considered as the oldest currency in the world that is still in use.
The differences in the anonymity between the two currencies
When you are using the fiat currencies, you need to undergo a user identification or verification process. You are asked to upload a recent picture of yourself and some of the required documents to be issued as per the public authorities. You don’t need to undergo any of the required processes with the crypto currencies. Though your personal information and confidential details don’t get public, but all your transactions are recorded and tracked in both the fiat and the crypto currencies.
Fiat currency vs crypto currency: transparency level
• The transparency level with the crypto type currencies are considered to be more. This is because the revenue streams are displayed in a public chain. Everyone can witness their own and others’ transactions.
• The fiat or govt. currencies are not transparent, as there are not public chains to see the revenue streams of the people.
A comparative historical roots
If you compare the crypto money with that of its counterpart, fiat or government currency, you will find that their existence and creation brings the difference. The Fiat or government currency, dates back its existence as early as 775 AD with the introduction of the Great British Pound. This is why fiat type currency is easily accepted by the people all over.
On the other hand, the crypto coin was perhaps first introduced only a decade ago, with the introduction of Bitcoin in 2009. The challenge that the Bitcoin and other crypto currencies face is catching up with the immense popularity and increasing fan base of the fiat currency. Crypto currency, is no doubt gaining importance and popularity in the economic market, but it has still not been accepted widely in the society as the fiat currency.
A comparative history of the two currencies:
• It was in the 11th century, when the Chinese Song dynasty was perhaps the first one to issue the paper money. It was not allowed to exchange with valuables like gold and silver or silk.
• There were Tally sticks that were introduced as a fiat or government currency. 1100 Tally sticks were introduced as a combat for the shortages in gold.
• 1971, was the year, when the fiat currency received a worldwide recognition. President Nixon introduced it in order to eliminate the dollar pegging system to gold.
• It was in 1998, when the idea of an anonymous electronic cash system emerged by Wei Dai. Bitgold-the very first crypto currency was created by Nick Szabo, but it didn’t receive as much attention as Bitcoin.
• In 2009, Bitcoin was introduced in the market, that became the first crypto currency that was accepted across the globe. In 2011 and after, a series of several other crypto currencies were introduced. Some of the popular ones include, Litecoin, Dogecoin, Ethereum, Ripple, Zcash, Dash and so on.
The traits of both the currencies
The potential of the crypto type currencies and fiat currencies, accessing their traits is important. You will find that in some of the criteria, Bitcoin and other crypto currency is superior than the fiat or government currency, and in some cases, the latter surpasses. It is absolutely your call to choose the type of currency (crypto type currency or fiat type currency) based on your personal needs and requirements.
Let us compare their traits with respect to certain factors.
• Both the crypto coins and fiat type currencies are interchangeable in nature.
• As per the portability is concerned both the currencies secure more or less the same position.
• With respect to the non consumable criteria, crypto currency and fiat type currency have the equal status.
• Crypto type currencies have high durability as compared to the fiat-currencies that have moderate level of durability.
• Both the crypto or virtual currencies and the fiat or government currencies ensure secure and safeguarded transactions and exchange.
• Crypto or digital currencies are highly divisible in nature. On the other hand, the fiat type currencies are moderately divisible.
• In terms of the transaction process, the crypto currencies are easy and hassle free. Whereas, on the other hand, the traction process associated with the fiat currencies are easy, but not like the cryptos.
• The crypto based currencies are decentralized and global in nature, unlike the fiat currencies that are centralized and functions under the laws and regulations of the government.
• The crypto based currencies have high scarcity, where as, the fiat currencies are unlimited as the government can issue coins and paper money whenever there is a need.
• The crypto based currencies are based on mathematical algorithms, and are programmable. The fiat currencies are not at all programmable.
• The fiat currencies are sovereign in nature, while the crypto currencies are not.
The process of the functioning of the currencies
You can find the significant differences between the crypto or digital currencies and the fiat currencies with the way they both operate and the transaction process that take place. They are contrasting in nature. The transfer of money using the Bitcoin is very quick, and you absolutely don’t need any third party association.
On the other hand, if you are involved with the money exchange using Fiat type currency, a mobile wallet is in use. You can exchange an amount of e-money that gets transferred into the equal e-value amount. Both the fiat and the crypto currencies enable you to purchase everything that you desire. But the processes involved are absolutely distinct from each other.
Depending on the things you purchase, you will find that one currency form is better than the other. This is absolutely your choice.
Is Bitcoin, a crypto currency better than the fiat-currency?
The long term benefits and the capability of the Bitcoins is still not established. But it has been predicted by the crypto currency gurus and experts, that they will go a long way, especially revolutionizing the way the online transactions are done. In the current market, the Bitcoin is mainly included in the online casinos and the gambling, but it is not limited to it.
Furthermore, when you compare the fiat currencies, the Bitcoin allows you to seize the power and authority from the banks and the government since it is not controlled. The cryptography based currency has the capability to create or come up with the free market capitals. Fiat currencies are affected by the inflation and the changes in the market, unlike the crypto based currencies. Such aspects make individuals believe that cryptograph based currencies will soon take over the mainstream currencies and bring a transformation in the way the money is used.
Why is Bitcoins considered to be a better aspect than the fiat type currencies?
• Bitcoin gives you the opportunity to re-create a free market capitalism.
• The power of controlling the money is absolutely with the individuals, and not with the banks like the fiat type currencies.
• When there is an inflation, the Bitcoin is not affected. But the Fiat type currency will be easier to lose and get affected by it.
• The Bitcoin currency is easy easier to exchange and transfer as compared to the fiat or government currencies.
• The transaction fees involved with the Bitcoin are way cheaper and easily affordable.
Crypto currencies seem to be a favorable option among the people
The fiat type currencies are the centralized and legal way of exchanging money. But, the crypto currencies have acquired immense popularity in the past few years. There will never be anyone who would act as a middle man, like the case with the banks. Moreover, the cryptos are way cheaper and less expensive that the conventional fiat currencies.
Send money anywhere directly without waiting for the bank’s approval
You can send money to anyone in the world directly, and it is super fast. The money gets cleared within a few minutes time. You don’t have to wait for the traditional clearing and verification processes of the banking systems, which might take up to several days to get a clearance. Since it is decentralized and doesn’t come under the law and regulations of the government, nobody has any power to do anything with your account.
The blockchain technology has a very big role to play
Thanks to the crypto currencies, that gives us the power and the authority to become our very own bank, and take control over our finances. It is because of the blockchain technology that offers a higher level of sophistication while dealing with the finances. In fact, there are some mainstream financial industries that have started incorporating the idea of the technology.