A Fresh Look At Small Business Financing

The holiday season’s upon us and with it often comes extra stress, rushing around, and a sense of feeling overwhelmed. But as the new year approaches, it can also be a time for creating fresh starts. When it comes to your livelihood, finding a way to finance your small business can also be overwhelming at best, and sometimes downright daunting. However, just like you may be getting ready for the new year on a personal level, now is also a great time to get the ball rolling on funding your new venture. With that comes staying on top of all the options, trends, and resources surrounding small business financing.

How Much Does It Take?

Before determining how to go about financing your business, it’s important to have a concept of how much capital it takes to start a business, as that can impact where you choose to seek finance. One survey done by the Wells Fargo Small Business Index reported that $10,000 is the average amount of startup money required by a small business owner. However, other surveys, such as the Kauffman Firm Survey, indicate that the number is much higher – closer to $80,000.

While these numbers help to give insight into what to expect, the amount of capital needed to start up will vary greatly depending on the type of business, industry, size, etc. The Small Business Administration (SBA) recommends a few simple tips to help calculate your start-up costs. Once you’ve analysed your potential expenses and capital expenditures, assessed your assets, and allocated your costs, you’ll be able to calculate your startup cost using this starting costs estimate calculator, offered by entrepreneur.com.

Small Business Financing Options

There are many options available for small business owners to explore, from traditional to slightly out-of-the-box:

  • Bootstrapping

    Even though funding your small business out of pocket – or bootstrapping – may potentially be the most challenging financing route, it doesn’t mean that a significant portion of U.S. entrepreneurs doesn’t explore this option. In a recent study by BlueVine, results show that 75{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of American small businesses rely on personal finances as their primary source of small business funding and 83{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} have put at least some of their money into their companies

  • Alternative Lending

    If financing your business with your money isn’t an option, you’ll need to plan on borrowing the money, and there are a variety of ways to obtain a small business loan. Emerging over the last several years are alternative lending companies that can offer quicker and smaller loans through a simple online application process.

  • Traditional Bank Loans

    Although big banks are known for a high rejection rate and an extensive application process, bank loans remain a viable option for small business lending – and approval rates are up, as we’ll take a look at it below.

  • Raising Capital

    Venture capitalists and angel investors can be a successful path to take for the right kind of business. However, keep in mind that it will require a very well thought out business plan, strong financial projections, and a lot of passion for your business.

  • Crowdfunding

    A newer form of financing a small business, crowdfunding offers a method of raising money without having to pitch to a team of investors. And while there are certainly success stories out there, crowdfunding has yet to become the go-to option for businesses. According to a survey done by Manta in March 2015, only around 2 percent of business owners surveyed expressed that they had ever used a crowdfunding platform.  However, it could be worth looking into if other avenues have been exhausted.

Approval Rates

According to Biz2Credit’s recent Small Business Lending Index report, approval rates at banks and institutional lenders recently reached all-time highs with the approval rate for small business loans from big banks at 23.5{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} in October (up from 23.4{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} in September). Institutional lender approval rates also rose to a new high of 63.1{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} in October. For small banks, the approval rates have remained stagnant, at 48.7{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}, and alternative lender loan approval rates declined to 59.5{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}.

For SBA loans (specifically the most popular type, the SBA 7(a) loan) the approval rates are relatively low and require stellar credit. In a report by the SBA, approval rates from 2015 were broken down by gender, ethnicity, and location. For minority-owned businesses, the approval rate was 29{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} versus 57{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} for white-owned businesses, 71{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} for male-owned businesses as opposed to 29{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} for female-owned, 67{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} existing businesses versus 33{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} new businesses, and 17{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} rural versus 83{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} urban.

While there are many aspects of starting a business that will undoubtedly overwhelm you, don’t let securing small business financing be one of them. Armed with the knowledge to get started, use the upcoming season as the perfect excuse to get the ball rolling on funding your business.

Primary Keyword: small business financing

Variants: financing for your small business, small business finance options,  securing small business financing, surrounding small business financing

Antonyms/Synonyms: small business loan, small business loans, small business lending, business lending options, Crowdfunding, traditional bank loans,  alternative lender loan

References:

https://www.sba.gov/sites/default/files/2014_Finance_FAQ.pdf

https://www.sba.gov/blogs/how-estimate-cost-starting-business-scratch

http://www.crowdfundinsider.com/2016/11/92352-biz2credit-reports-small-biz-loan-approval-rates-big-banks-institutional-lenders-continued-surge-october/

https://www.fundera.com/blog/small-business-statistics

https://www.sba.gov/sites/default/files/aboutsbaarticle/SBA_Lending_Statistics_for_Major_Programs_as_of_01-15-2016.pdf

http://www.businessnewsdaily.com/8703-current-state-small-business-financing.html

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Unblinding With Technology – Five Amazing Gadgets for Visually Impaired

There are various reasons for a person to turn blind, from age, accidents to diseases and strokes. Thanks to the massive renaissance in science and technology, there are many gadgets available for the blind, to help them ease their daily chores and live their lives normally.

The core functionality of our body is to live and enjoy through our five senses. These are ears to hear, tongue to taste, nose to smell, nerves to feel touch/pressure and eyes for sight. But not all are fortunate to have all five senses intact.

Loss of sight or blindness is a condition in which a person’s view becomes partially or completely damaged and cannot be corrected by wearing spectacles. There are various reasons for a person to turn blind, from age, accidents to diseases and strokes. Thanks to the massive renaissance in science and technology, there are many gadgets available for the blind, to help them ease their daily chores and live their lives normally. With these gadgets, blindness will no longer hinder them from pursuing their dreams.

Here is a list of devices designed specifically to ease the visually impaired:

1. Sensor Embedded Sticks

Walking on streets is not easy for blind people. They use a stick to make sound by tapping as they walk to get an idea of the terrain on which they are walking. But now we have i-sticks. These sticks are built with lenses at the end that convert the images received into electronic signals. The stick vibrates, alerting the blind people when are near uneven terrain such potholes or staircase.

2. Color Sensors With Sound

Vision impairment doesn’t mean you leave your style. This is a colour reader that detects the colour underneath it and then translates them into voice signals. It might not be very helpful for people who are blind since birth, but others who have suffered a loss at a later stage can benefit a lot.

3. Sign Convertors

A major problem with deaf and blind people is the communication barrier between them and the rest of the world. Not many people know sign language, and the gestures can vary from region to region. This could lead to a whole lot of miscommunication. This gadget has a dual functionality wherein it converts gestures to voice, and voice signals to speech. You can even select a language of your choice for easier communication. The device is light in weight and worn as a pendant.

 4. E-Braille

Visually impaired people read through braille script, in which letters are embossed in dotted rectangular blocks. It was printed on paper, but now we have ibrailler tablets. This is not as advanced as an actual tablet but lets the user type, edit, read or surf the internet. The user only needs to place their eight or ten fingers, and a voice over integration will help them guide to apps or use other functionalities. It is now available on mobile too.

 5. Artificial eyes

A concept which became the plot of ‘Blind Dating,’ 2006, is now actually reality. The visual prosthesis is a complicated and slightly expensive procedure but helps the blind see the world again. The patient is required to go through a surgery where a device is inserted in their retina. This device gets activated when the accompanying glasses are worn. These glasses have the camera built in them. When turned on, the patient sees the object in front of them in the contrast of light and darkness. Research is being conducted to enhance the quality and provide coloured imagery to the user.

Apart from these, there are magnetic cups, a sensor built shoes, blind watches and even flash cards to help the blind feel as normal as they can in their day to day life.

Keyword: Visually impaired

LSI: Gadgets for blind, science and technology, istick, braille, tablets, blind watches, Visual prosthesis, sign convertors, sensor embedded sticks, blind, blindness

Reference:

http://weburbanist.com/2010/04/05/12-ingenious-gadgets-technologies-for-the-blind/

http://www.digitaltrends.com/mobile/blind-technologies/

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Seven Inventions to revolutionise the Lives of the Visually Impaired

The world of technology is dynamic and always moving forward. However, humanity has always ensured that those who find it hard to move along with us, are not left behind. The following list is a glaring example of that. Here are seven inventions which hope to help people with blindness lead healthy lives.

1. See Stick

See stick is essentially a walking stick with a few enhancements. These improvements have made an already useful tool more intelligent.

See Stick is equipped with several sensors that analyse the environment around it and send vibrations to its handle accordingly. This gadget is capable of warning the user against possible threats while commuting.

2. Lechal Shoes

People with blindness usually rely on voice commands from their GPS device to walk through the city. Lechal Shoes takes this idea a ‘step’ forward.

These shoes connect to your mobile phone using Bluetooth and come with vibration motors in the soles which would guide the user about the directions he should take by buzzing the right/left foot accordingly.

3. Bionic Eye

Bionic Eye is a high-tech piece of technology that enables people with Pigmentose Blindness to see the world.

This is achieved through a camera in the glasses which would be worn by the user, and a tiny device placed on the retinas of the user.

These two components capture a digital image and convert it into signals that the brain can process.

4. B- Touch Mobile Device Concept

This soon-to-be-reality concept device will be able to assist people with visual imparity to carry out regular tasks such making phone calls, reading books, etc.

This all-in-one device uses Braille, voice processing and visual reading technologies to perform the tasks mentioned above.

5. Braun Bell Mug

This mug was designed to prevent the burns caused by over-filling hot drinks into the mug.

This convenient piece of technology works by incorporating several sensors which vibrate and beep according to the level of liquid poured into the cup.

6.Feel-The-Time Watch

Individuals with blindness are dependent on either audio clocks or strangers to know the time. This watch aims to change that. It has two concentric circles with a tiny nub at each, which moves according to the time.

It allows the user to know the time by merely feeling the nudges on the dial of the watch, thus saving time and inconvenience in the process.

7. Braille E-Book

The trouble with braille books is that they are way bulkier and more expensive than conventional books. This makes it tough to carry more than one book at a time.

Braille e-book is exactly how it sounds. It can dynamically change the pattern and the texture of the braille letters on the screen, and also store a tonne of books.

Advancement in technology is continuously improving the quality of life for all of us, including the physically challenged. So we wouldn’t be wrong if we said that in the future, the difference in the quality of life of the specially abled and the rest would be minimised to almost zero.

LSI Keywords

Inventions to help the blind

Gadgets for the visually impaired

Technologies for the Blind

Inventions for people with blindness.

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Internet – The Best Tool for Placement Preparation

Placement is a key benchmark on which most Indian colleges are judged. However, campus placement is no longer the only option. Fresh graduates seek placement opportunities beyond their college campuses as well.

However, both on-campus and off-campus placement drives have a common process for preparation. Owing to the popularity of e-learning, the Internet is the best option for all freshers to sharpen their skills with the help of online assessments and methodical course structures.

Buckling up for Company Specific Preparation Online

Performance tracking and conceptual questions by alumni from prestigious institutes like IIMs and IITs are benefits only online placement preparation can provide. Also, various websites, like Studybud, provide metrics for measuring performance and improvement gradient for the undertakers of their courses.

A systematic approach to online preparation includes:

1. Searching for the appropriate company

Different companies have different dates for freshers’ recruitment. They also have different patterns for aptitude exams and different requirements. All such information is readily available on many online websites, thus aiding in smart, company specific preparation. Company mottos and portfolios available online act as a guide on how to approach the preparation process for specific companies.

2. Solving questions and mock aptitude tests.

Online placement preparation has become popular because students have the scope for exploring a lot of different questions. Question banks and online assessments make freshers placement-ready. Test on V Verbal Ability, Quantitative Analysis, Data Interpretation, etc. are all available online. General Knowledge enhancement mock tests and information archives help keep the course-takers up-to-date.

3. Brushing up on Technical skills

Question banks dedicated to particular domains such as Computer Engineering, Accountancy, Electronics, etc. are available online. These provide freshers insight into what sort of interview questions they might get. Also, the Internet is the perfect place for getting to know interesting and unique questions that will give an edge over the others. Studybud provides systematic courses on a wide range of topics.

4. Soft-skills and Professional Grooming

The HR round of interview can be overwhelming at times. Online forums and presentations provide various tips and tricks on how to impress the interviewer(s) from the moment you step in through the door. Many ideas and guidelines for resume and cover letter presentation are also available.

A Bouquet of Advantages

A major advantage of online preparation is that a compilation of past years’ interview questions for numerous companies is available. Online forums are very popular when it comes to solving doubts one faces during self-study. It garners the participation of people from all over the country and guarantees some helpful suggestions. Studybud provides detailed explanations to all the answers to their online assessments.

Peer Learning and Accessibility

Online placement preparation can also involve the participation of peers for faster and more interactive learning. Faculty and mentors are also available to clarify doubts and clear concepts.

Smart preparation is the key due to time constraint, and online preparation provides the benefit of learning at the student’s convenience. 24×7 availability of content implies that the study materials and mock tests make the process of learning more user-friendly.

Keywords: Company specific preparation, Online assessments, StudyBud

LSI Keywords: Online tests, aptitude tests, mock tests, peer learning, question banks, online forums, 24×7 availability, e-learning.

References:

  1. http://p3.placement.freshersworld.com/power-preparation/online-tests
  2. https://www.blog.epravesh.com/advantage-of-online-assessment-during-campus-placement-training-for-your-institute/
  3. https://www.btechguru.com/PlacementReady
  4. http://placement.freshersworld.com/
  5. https://www.studybud.in/additional/features/
  6. https://www.studybud.in/courseintro/introtest/?id=QA01
  7. https://www.studybud.in/courseintro/introtest/?id=VA01
  8. https://www.studybud.in/courseintro/introtest/?id=EC01
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Company Specific Preparation: Key To Landing Campus Recruitment

Campus placements are important to students and companies alike. For the students, this is a positive first step towards their future in the professional world and a recognition of their talent and hard work in the academic arena. Companies, on the other hand, gain a fresh perspective on their established policies and projects.

Every year several reputed colleges organise a placement drive for their graduating class. The aim is to afford them a chance to be hired directly into the recognisable workforce.

Institutes that offer 100{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} placement figures and opportunities from top tier companies get a maximum number of student applicants. Students too want to enter colleges that offer them a job placement guarantee after completion of their respective courses.

The Need For Online Assessment

In the current economic climate, just being part of a premier institute and being a top scorer is not enough.

The organisations these days look for dynamic individuals who stand apart yet are part of a team!

Typically, college recruitment process includes:

  • Presentations
  • Written tests
  • Group discussions
  • Panel interviews
  • Technical rounds.

This old system of campus recruitments, though effective, costs the company in terms of time, human and financial resources.

Therefore, online assessment has been adopted by the companies to screen for the most eligible candidate! This ensures that the most suitable person reaches the last rounds of the campus selection procedure!

How Should You Do Placement Preparation

To begin making company specific preparation, first, you need to know which organisations visit your campus. Like TCS, Cognizant, Infosys, Wipro, Accenture, etc.

Then, you need to find out what percentage chances your campus holds regarding the ratio of its students that get recruited by these companies. This will help you prepare for the competition accordingly.

Next, you need to be aware of their individual recruitment process. If the respective companies have eligibility criteria, you would know beforehand if you should be preparing for placement in that company or not.

Last, you need to find a suitable employability product to help you in your placement preparation.

How Do These Online Placement Preparatory Solutions Help

These company-specific learning and assessments like StudyBud, help you save about 40{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of your preparation time while you are getting ready for the aptitude and technical test rounds.

With them, all you need to do is select the companies for which you want to prepare. They would then assist you with learning key modules that are important for those organisations.

Lastly, they will assess you on your preparedness for that organisation.

What Do These Employability Products Offer To The Job Candidates

College job seekers are offered an interactive learning module which features more than 100 lecture videos that cover all placement related topics.

These modules are flexible and are easy to use. Because they are cloud-based solutions, there are no operational hassles.

This online preparation for placement products like StudyBud, offer company specific learning and assessment for over 150 organisations.

They test you on everything including verbal ability, data interpretation, logical reasoning, body language, HR interview, technical ability, and much more.

They offer dashboard and constant analysis to measure your speed and accuracy, as well as real-time monitoring to keep track of your improvement and progress.

To Conclude

These online placement assistants give students an option to prepare specifically for organisations they wish to work for in the future.

The online preparations help mould the student in the thought process of their ideal recruiter improving their chances of succeeding!

Keywords – Company Specific Preparation, Online Assessment, StudyBud

LSI Keywords: online placement assistants, online preparations, online preparation for placement products, employability products, online placement preparatory solutions, placement preparation, recruitment process, campus recruitments, campus selection procedure, college recruitment process, 100{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} placement, job placement guarantee, placement drive, campus placements.

Reference Links:

https://mettl.com/blog/how-online-assessments-help-in-campus-recruitment/

http://www.crazyengineers.com/threads/how-to-prepare-for-campus-placements-preparation-tips-tricks.69274/

https://www.quora.com/How-do-I-prepare-for-aptitude-tests-for-placements

https://www.quora.com/How-should-one-prepare-for-a-campus-placement

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7 Inventions To Revolutionise The Lives Of The Visually Impaired

As we break barriers in science and technology at blitzkrieg pace, we hope tobetter serve those among ourselves who haven’t been lucky enough to receive the gift of vision. In recent years, our endeavour in this direction has moved only forward letting us know that we are coming close to eliminating visual impairment as a problem.

Here are a few inventions that have made lives of blind people a little easier-

  1. Shoes That Guide In The Right Direction-

Available for online purchase, these ‘Lechal’ shoes designed by Ducere Technologies connect with your smartphone to guide you in the right direction. As you walk, a vibration produced in the shoes will help you navigate routes with relative ease. A vibration in your left shoe indicates that you need to turn left while a vibration in your right shoe indicates that you need to turn right.

These are almost a necessity for the people who are both blind and deaf, as people with only vision loss can still use sounds to navigate routes.

  1. Guide Dots-

Guide Dots is an app that makes use of social networking sites to let you know which friend is near you. Plus, you can also use it to let your friends know where exactly you are. The app also informs you of points of interest with geotagging. It does all this via the use of sound. You need to wear earphones to keep listening to the information the app gives you. You can also give certain commands to the app using its push to talk feature.

  1. iBrailler Notes-

iBrailler brings the standard Brailler device used by the visually challenged onto an iPad. Once the app is opened on an iPad, you need to calibrate the device by placing your hands where usually, the keyboard would be. The app places a virtual Braille pad in place of a keyboard.

You can now use this calibrated Braille pad to do your work, type documents, write or Google. Google can be used by one-touch open button on the Braille pad itself. Using the Apple VoiceOver option, whatever you want to hear will be read back to you.

  1. Argus II Bionic Eye

Taking a page out of ‘The Terminator’ book, Dr Robert Greenberg workedfor 25 years to make the bionic eye a reality.

Argus II is designed to help patients with retinal pigmentosa, which causes vision loss and eventually leads to blindness.

Patients are implanted with a small device that sits on their retinas. Patients have to wear a set of corresponding glasses which has a camera. When the glasses are on, the signal from the camera turns into electrical impulses on the patient’s eye allowing them to be able to see.

  1. Enchroma Lenses-

Enchroma lenses are lenses specially designed to help colour blind people see properly. The lenses have a lot of scientific work going on in them that makes it hard to produce these glasses. These lenses are shaded such that people who have trouble seeing particular colours will no longer have the same problem. From outside, these glasses look like regular sunglasses.

  1. Tiffy Template-

Tiffy template is an extremely simple device which helps people to keep track of what kind of currency notes are there in their pockets.

Made by Paul D’Souza, the Tiffy template is a metal plate which helps the blind measure the length and width of their currency notes, thus being able to differentiate between them. The length and breadth are measured using grooves on the template that can be felt after placing currency notes against the template.

  1. Be My Eyes-

Be my eyes is a non-profit app that helps blind people feel the world around them a little better. This app is aimed at blind people who don’t have anyone living with them to take care of them.

First, a person needs to take a video by pointing his camera at the place or object about which he wants to know more. The app uploads this video online, and volunteers using the Be My Eyes app will help describe the look of that object via audio.

Further, this app can also be used by taking pictures of documents and having the text read aloud by potential volunteers.

We still have a long way to go to make the lives of the visually impaired as comfortable as the rest of us. It is our duty to appreciate, and bring to forefront ways that help the visually challenged.

LSI Keywords- visual impairment, vision loss, Blind, blindness, visually impaired, Revolutionize The Lives Of The Visually Impaired, make the lives of the blind as comfortable as the rest, Enchroma lenses, retinal pigmentosa, Argus II Bionic Eye,

Reference Links-

www.thebetterindia.com/topics/inventions/

https://www.pinterest.com/pin/39688040441959033

mashable.com/2011/10/05/tech-disabled

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7 Inventions To Revolutionise The Lives Of The Visually Impaired

For people who aren’t visually impaired, it’s sometimes difficult to comprehend how much the world is designed for people who aren’t visually impaired.

From traffic lights to coffeemakers that indicate they’re done with lights, even the smallest thing can be frustrating because of designs that are automatically made for people without visual impairments.

Here are seven innovative products for visual impairment to even the score just a little bit:

  1. Braun Bell Concept Mug: Sang-hoon Lee and Yong-bum Lim have made a mug that emits a sound when the liquid reaches water sensors that mark certain places inside the mug: you can now fill up your mug to exactly 3/4ths with no problem. People who can’t see how full the cup is, have to resort to dipping a finger in, this is not only unsanitary, it’s downright dangerous for mugs full of scalding hot liquid.
  1. The Eye Stick: The walking stick that sees for you. This walking stick is equipped with a lens that recognises special hazards like stairs, or traffic lights and then communicates to the user through sonic vibrations. New environments are now less dangerous and unknown for the visually impaired who get hold of this nifty little thing.
  1. The B-Touch Mobile Phone: Designed by the brilliant Zhenwei You, if this smartphone had an IQ, it would be off the charts. Along with braille touch screen tech, this phone incorporates voice activated software as well. This phone will read out loud to you, act as a navigator, and do object recognition, so you don’t have to, and so much more. All it needs now is a laundry setting.
  1. LeChal Shoes: Wear the future with Lechal’s shoes. They connect with apps on your phone or tab to act as navigator. Vibrations on your shoes will tell you how to walk. Move left if you feel a vibe on the left shoe and so on. The latest version doesn’t work with obstructions in your path yet, but they’re working on it, and I for one am eager to explore what they come out with.
  1. Enchroma Lenses: Opening up a whole new world for colourblind people, these spectacles may look like shades, but they can help a lot of colourblind people see more colours than before. Colour blindness happens due to a different balance of absorption in retinal cone cells which will cause ‘spectral overlap.’ Red-green colourblind people are likely to not have full spectral overlap so that they can be helped through this.
  1. Bionic Eye: Visual impairment through retinal pigmentosa can be a terrible thing. However, with Robert Greenberg and the Argus II, there may be a light at the end of that tunnel. This is a two-step process with a device that is implanted in the retinas combined with a pair of glasses which will send signals to the device that will then send electrical impulses. The image is low-resolution, but at least it’s possible. Unfortunately, it is still extremely expensive and unlikely to be accessible to a majority of patients.
  1. Braille E-Book Reader: Electroactive polymers may fulfil the dreams of many readers worldwide. While not a reality yet, and not cost-effective enough to be commercially available, it’s a good thought and one that needs to be pursued.

    Using electromagnetic signals, it is possible to produce refreshable braille patterns or an e-book reader that will make millions of books accessible to visually impaired people in a lightweight and simple form. The design was proposed by Seon-Keun Park, Jin-Sun Park, Sun-Hye Woo, Byung-Min Woo.

Seven things that prove that with technology and will, you really can change the world for the better. This will improve the lives of many people, and give them the tools to change the world as well. It’s a beautiful domino effect.

LSI Keywords:visual impairment, visually impaired, blindness, blind, Accessible to visually impaired people, Products for visual impairment, Visual impairment through retinal pigmentosa, Colorblind people, Braille

References:

http://www.yankodesign.com/2009/08/06/no-more-overspills-even-if-you-are-blind/

http://www.concept-phones.com/cool-concepts/btouch-concept-touchscreen-mobile-phone-blind/

http://www.yankodesign.com/2009/09/08/blind-stick-with-eyes/

http://enchroma.com/technology/

https://www.nbp.org/downloads/cbi/EAPActuators.pdf

http://www.massdevice.com/restoring-sight-blind-conversation-with-second-sights-robert-greenberg/

https://www.entrepreneur.com/slideshow/245443

http://weburbanist.com/2010/04/05/12-ingenious-gadgets-technologies-for-the-blind/

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6 Reasons Sovereign Gold Bonds Are Safer Than You Think (Content Strategi)

6 Reasons Sovereign Gold Bonds Are Safer Than You Think

The Reserve Bank Of India will soon be issuing Sovereign Gold Bonds on behalf of the Government of India.

How They Work

Investing in Sovereign Gold Bonds is similar to investing in physical gold. Investors receive returns that are linked to the market price of gold.

The bonds are issued on payment of Rupees and are denoted in grams of gold. Investments can be as small as two grams or even as large as 500 grams per fiscal year.

These bonds will be available from designated post offices and individual commercial banks. When applying for a Sovereign Gold Bond, the potential investor includes a bank account. This account will be credited all rofits from the bond.

The bonds can be purchased through cash, cheques, demand drafts, and electronic fund transfers. They are paid upon maturity in direct payment credited to the bank account provided.

Sovereign Gold Bonds earn interest at the rate of 2.75 percent per year on the amount of initial investment. They will be available in both paper and demat forms.

Exiting The Investment

Though the tenor of Sovereign Gold Bonds is eight years, it is possible to exit the investment early. There are a few ways to do this:

● Trading the demat form of bond on the Exchange

● On the 5th, 6th, and 7th years there is the option of coupon payment dates.

● Approach the bank or post office purchased from within thirty days of the coupon payment date.

● Must be done at least one day before the coupon payment date.

Once early redemption has been completed, proceeds will be credited to the bank account provided when applying for the bond.

Better Than Gold?

Investing in physical gold can come with issues and risks. These problems are removed when investing in Sovereign Gold Bonds.

Sovereign Gold Bonds eliminate the risk and cost involved with storing gold. These bonds also remove the issue of purity level involved in gold jewelry investments.

Using Sovereign Gold Bonds In Other Ways

Sovereign Gold Bonds can also be used as collateral when applying for loans. The loan to value rate for Sovereign Gold Bonds would be the same as it is for gold loans.

The Sovereign Guarantee

Sovereign Gold Bonds carry a Sovereign Guarantee on both the capital invested and on the interest obtained.

The quantity of the investment is protected since payment when redeemed at the market price per gram.

Secure Records Prevent Loss

With Sovereign Gold Bonds, there is no risk of losing the bond. The files of the bonds are held in the books of the Reserve Bank of India.

When the bond is one month from maturing, a notice is sent to the investor. On the day it matures the proceeds are credited to the bank account on record.

Tax Exemptions

The capital gains tax on the profits from redeeming a Sovereign Gold Bond has been exempted. This exemption will transfer to the new holder if the bond is traded or transferred.

The only risk of Sovereign Gold Bonds is one attached to any investment based on gold. The risk that the market price of gold will drop.

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