The primary role of a mortgage broker is to assist you in landing the best home loan. This means that it is essential to work with nothing less than the best broker to get an appropriate home loan. Getting the right one might be a bit of a challenge in most cases, especially given how competitive that market is. There are a couple of factors, which you need to consider before signing a deal with one.

What to do

Look for referrals

When it comes to brokers, word of mouth usually counts a lot. Try to get referralsadfadfcsfbsf from your friends and colleagues who have worked with agents before. Once you get a potential broker, go an extra mile to find out what other clients that have worked with the broker are saying about their experience. Good jobs build excellent reputations, which goes a long way through word of mouth.

Check the licensing status of the broker

Before making a deal with any broker, ensure that he or she has the proper and relevant licensing to do the job. The broker should also be registered with the competent regulating bodies to ensure that he/she will act only in your best interest. If the broker works for a particular brokerage company, the company should acknowledge her as their representative.

Consider fees and commissions

Brokers have to be paid for the services that they offer. The payments are usually regarding fees and commissions. Various brokers charge different amounts of fees and commissions. Find out upfront all that you will be expected to pay and ensure that you are comfortable with the amount. Go for fair prices only. Too cheap may be an indicator of incompetency or lack of experience. With any deal offered, ensure that you are aware of all the conditions behind it.

wfqaefefdzfbzsebfCheck track record

The experience of a broker is another primary factor to consider. Experienced agents tend to be better at closing great deals. However, check the kind of experience gained. Her previous work should shed a lot of light on this.

Consider personality

The nature of the broker might be a minor, but a very important consideration when it comes to finding a home loan. Besides confirming that the broker can do an excellent job for you, ensure that you are okay with their personality as well. He/she should be good at dealing with people and make you feel good and comfortable with everything. You will probably work better with an outspoken and charismatic person.…


Liquidation also referred to as winding-up or dissolution is the act of bringing a company’s life or existence to an end and redistributing its assets and property. This happens when the company is no longer able to pay its debts.
Once it is confirmed that the company is not able to meet its debts, a decision to liquidate it is reached.

Either of the following can reach this decision

A court order

This is a compulsory kind of dissolution. Occurs when the creditors, shareholders, directors or the registrar of a companies make an application to a court alleging that a company should be put under liquidation because it is not able to pay its debts. The court considers some factors before deciding if the company will be put under a compulsory dissolution order or not.

Voluntary liquidation

Occurs when the company’s shareholders or board of directors voluntarily decide to wind up the company, because it is not able to pay the creditors or an event stated in the company’s constitution occurred.

Creditor’s resolution

The creditors of a company meet and decide that a company should be liquidated for them to get payments. They take charge of the liquidation process, and it is at this time when they make an application to the court.
For liquidation to take place, a liquidator must be appointed either by the shareholders, or court depending on the type of liquidation.

He or she perform the following duties

-Represents the creditor’s interests.
-Takes control of the liquidation process that is collecting all the company’s assets and property and changing them to cash.
-Clearing the company’s debts. Giving all the creditors what they deserve.
-Distributing any cash left after discharging the liabilities to the shareholders of the company

The steps below summarize the liquidation process

-The company is not in a position to pay its creditors.
-The decision to liquidate the company is reached, can either be a court order, shareholders voluntary liquidation or the creditor’s resolution.
-Appointment of a liquidator by the court or the shareholders.
-The liquidator appointed notifies the company’s office about the liquidation decision.
-The public is made aware of the liquidation through an advertisement on the insolvency and Trustees website.
-The creditors meet to confirm the liquidator.
-The real liquidation takes place, this includes, closing the company, identifying all the company’s assets, identifying all the creditors, receiving claims and making payments.
-Reports on the ongoing processes are made known to the creditors.
-Payments are made to the creditors and any funds remaining distributed to the shareholders in the form of dividends.
-Final reports send to the creditors, and a notification that the liquidation process is complete is sent to the registrar of companies, the company is then removed from the list of companies of that state.

Consequences of liquidation

dfghsdfg-The company cannot dispose of its assets anymore.
-The only business that can be carried out is for purposes of completing the liquidation process.
-The company’s director’s power end immediately a liquidator is appointed.
-A liquidation marks the dismissal of all employees in the company. Employees on contract basis are entitled to damages.…


Accounting involves setting up, maintaining and auditing financial books of business. It is used to analyze a business’s financial position via its sales, purchases, and even overheads. The records should be kept in order of occurrence and should be in a useful summary form. It is still accounting which is responsible for the identification of information about transactions, analyzing and interpreting all documents available. From the above definition of accounting, it is clear that accounting plays a big role whether in small or large businesses.

Below are the main reasons why accounting is important and should be practiced by all companies


The main goal of accounting is to keep a record of all transactions taking place in and out of the business. All money coming in or going out of the organization should be duly recorded; it is very useful for the organization.

Preparation of financial statements

cvbnmProper and accurate accounting records are used in the preparation of a business’s financial statements. These statements are used to secure investors, a business that publishes its financial statements is more trusted hence investors approach it to do business with them. This, therefore, means availability of more working capital for your business.

Tax calculations

With accurate accounting records, it will be very easy to calculate taxes your business is supposed to pay. It is important that a firm pays the correct amount of tax. With poor accounting, it is most likely that the firm pays either too much or less of the expected tax from their profits.

Tracking expenses

A proper accounting system helps you track your businesses expenses; this is to mean; it will be possible to identify areas where too much cash is being used or departments being allocated fewer finances and take the necessary actions in each situation.

Keeps a business in order

fcvbasdfnAccounting will ensure that all accounts of activity are in good order. All transaction will be recorded accurately as per the dates of occurrence. Ensuring that your business is organized is the number one key to prosperity, and this will be achieved through proper accounting.

Evaluate performance of your business

An accounting system will help you know if your business is growing, depreciating or remaining at the same point. If the income recorded for the last financial year is more than the current year, then it is obvious that your business is depreciating, if less then there is growth. With all these information it will be possible to take the right actions to help the business positively.…