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Would you like to sell your products on the Internet?

To do so, there are solutions you can use that incorporate several important factors that must be implemented.  Before you begin selling, you need to figure out the method of selling online that fits your type of business.

We have four options for you to choose from so that you can create your e-commerce site and manage e-currency.

Third Party Website

You may use a third party website to sell your products.  It takes the work out of the process; however, your product and sales lose your personal touch.  Third party websites you can use are Amazon, eBay, and FNAC.  These are great to get you started.  These websites are vendors and in turn for selling your product, they receive a percentage of the sales you make.

Web Agencies and Freelance Developers

You have the option to hire a freelancer or a web agency to build your site for you.  An advantage of this method is that you can have a personalized process. The downside is that the costs generated from development can be significant. If you do go with this option, make sure the person or agency you hire has experience in building e-commerce websites.

Custom Content Management System, (CMS)

You may also choose to use a CMS that is specific to online selling, such as PrestaShop, Magento, and osCommerce.  If you go this route, you need to install the software on your web hosting account, and then add and configure your products and their pricing.  This is a great way to go, but it is technical and it requires you to have a lot of experience.

E-Commerce Ready Pack

The fourth option is using e-commerce ready packs.  They do not require much skill and they come with tools you need to tie them in with auction sites along with secure online payment solutions.

Now, ask yourself these two questions; are my products unique, and are my products cheaper than that of my competitors?

An example of a unique product is a line of clothing, or artwork you create.  In this situation, you really need to sell yourself versus your products.  You need to use your website to promote you and earn you online visibility.  When this happens, the sales will happen naturally.  To facilitate this process, you can use social media and forums.

Are your products offered at a lower price than your competitors, or do your products have more features?  If so, you must highlight these aspects.  You can do so via your advertising campaigns.

Nowadays, you need to give your customers an array of payment solutions and those solutions have to be secure.  There are customers who are afraid to shop online, so be mindful of them and offer trusted solutions. To receive money online, you should use  You must be aware of the legal obligations you have when starting a business online.  These obligations include data protection and the like.  Lastly, you can offer credit card payments.  This is a good addition, but it requires you to sign a contract with your online merchant account or your bank. This can be problematic.

How To Evaluate Whether Your Debt Adviser Is Doing A Good Job

If you haven’t engaged a debt adviser yet, choose one from the consumer credit register at to ensure you get a properly qualified and licenced adviser. If you have already engaged a debt adviser, it is important that you are getting the expected level of service from them. This article provides some useful guidance on how to evaluate whether your debt adviser is doing a good job or not. It also suggests some remedies to resolve any poor performance. To evaluate your adviser’s performance, ask yourself the following questions.

Have I been taken in by misleading advertising?

This is a common area for complaint with debt advice companies. Businesses occasionally advertise services that they are not qualified to offer. Or their fee structures are not transparent and people can enter into agreements without fully understanding the charges involved, or that there are any charges involved. According to the Office for Fair Trading, the most common problem is advisers promoting their services as being free when they do in fact charge. Always read the small print on websites. This is often tucked away at the bottom of the page, so it is worth scrolling down to look for hidden information.

Am I being given the right advice?

Unfortunately, there are advisers around who are not properly qualified and trained or who may not have kept up with recent developments and changes in the law. This can result in people being given faulty or sub-optimal advice. Debt advisers have a duty to give you advice that is in your best interest. Occasionally, rogue advisers can recommend a solution that is better for the debt adviser because it might result in less work for them or a higher fee.

A good adviser should spend some time understanding your individual situation. This includes taking stock of all of the money you have coming in, your household outgoings and your entire debt situation. They should also ask about your living arrangements, whether owned or rented and any dependants you have, whether children or older people. It is important that they build a detailed picture of your full financial situation because only then can they recommend the most appropriate solution.

Before signing any agreements, spend some time doing research into different debt solutions. The best source of advice is usually a person or organisation without any vested interest. For example, Citizen’s Advice are renowned for providing fair and unbiased guidance on debt issues. Check their factsheets at before committing to any particular provider.

It is vital that you have good debt advice because poor advice can have long-term effects on you and your family. For example, a good debt adviser will try to come up with a solution that puts you in the best possible position. If you own a property and wish to retain it, then a good adviser needs to point out that an Individual Voluntary Arrangement (IVA) can mean having to remortgage your house and give up some of the equity.

Do I understand the fees involved

Sometimes, it is possible to get free assistance with some debt solutions. For example, offer many of their services free. This is because they are a recognised service and they run on donations from the credit industry who appreciate the service that they offer. However, in most circumstances, there are fees to pay, especially with services like IVAs. These vary enormously between providers and it is vital to understand the costs before entering an agreement. A good adviser will explain carefully what the fee structure is and there should be no hidden payments.

What can I do if something has gone wrong?

If your debt adviser is not doing an effective job for you, whether that is because of misleading advertising, failing to be honest about their fees or not giving you the most appropriate advice, you can complain. The Office for Fair Trading has an official scheme in place for dealing with complaints about debt advisers. There is a complaint form on their website at If all else fails, you can appeal to the financial ombudsman at as they are responsible for businesses who offer financial services.

This information has been compiled by Paul O’Hara on behalf of the The Debt Advisory Line is a member of the Debt Managers Standards Association (DEMSA) and has been voted “Debt Management Provider of the Year” at the National Credit Today Insolvency & Rescue Awards.

Are Payday Loans Just Legal Loan Sharking?

Leading payday lender Wonga has been heavily criticised after it was revealed they are due to sponsor a prime time television programme on ITV.

Red or Black – hosted by popular TV personalities Ant and Dec – is set to be financially backed by a company who provides short term loans for those in need of a quick cash fix that is to be re-paid over a period of around 30 days.

However, the move has been slammed by Labour MP Stella Creasy who insisted that Wonga are just a form of legal loan sharking.

The lender charges their consumers a massive 4,214 per cent interest rate but claims that because the borrowing offers the opportunity to get cash advances quickly and asks for payment over a shorter timescale that the loan is purely representative of value.

Critics argue that Wonga’s wide-ranging and extensive advertising campaign is geared towards targeting vulnerable unemployed people who can’t afford to re-pay their short term loans which in turn lead to even greater sums of debt that are owed to the lender.

Broadcaster ITV has also come under scrutiny for approving the sponsorship and promoting the use of short term loans.

However, not all payday loan companies offer credit to the unemployed – instead, branding themselves as ‘responsible lenders’ who have the best interests of their customers at heart.

Measures have also been taken to make lenders much more transparent in their operations with the major trade bodies –which include the Consumer Credit Trade Association and the Finance and Leasing Association – committing to a new charter which details a code of practice for all lenders to adhere to.

The promises include lenders clearly publicising their rate of interest and the exact amount of repayment on respective their web pages. Lenders have also been instructed to freeze interest payments after a maximum term of 60 days if customers are unable to cover the costs of the payday loan.

It leads us to the question; are payday loans worth it? Or do they merely promote further and more excessive sums of debt?

As with any type of loan, the answer is all about affordability. The only real use of a short term loan is to pay an impromptu bill with the knowledge that you’ll be able to pay the cash advance back comfortably within the respective time scale.

The newly introduced charter should add greater visibility to the real rates of payday lenders, meaning that you shouldn’t be under any illusions when borrowing credit that will leave you in debt.

Are payday loans just legal loan sharking? Well, unlike your traditional loan shark, a responsible payday loan company isn’t going to threaten you with physical violence if you fail to pay back your credit. They might take you to court, though.

An experienced and talented copywriter, Matthew Wood writes SEO savvy content for a collection of online publications and web projects.  Matthew’s latest work involves writing creative and engaging content on the subjects of Short Term Loans and Payday Loans for the established online brand Ferratum UK.

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