Allied Wallet CEO Andy Khawaja, a leading global provider of online payment solutions, multi-currency business services and a secure Layer 1 PCI payment gateway, appeared on the topic of international acquisition after assigning Allied Wallet as a provider of specific payment solutions for the year.
International Acquisition identifies and honors the most successful companies in the world, rewarding success and results. Every month they publish their posts detailing the latest news on corporate and corporate finance.
The September issue featured an exclusive interview with CEO Andy Khawaja in an article titled “Leading the Way in Online Payment Processing.”
CEO Andy Khawaja, or “E-commerce Christ,” as Acquisition International refers to, built his business from scratch, specializing in global payment management and security for more than 100 million users worldwide. The growth of his business was not easy and CEO Andy Khawaja certainly faced his fair share of adversity.
“When they reject you, you work harder. My advice is: never give up. Hope is around you. Andy Khawaja said, trust you and follow your dream.”
Andy Khawaja overcame obstacles and served more than 190 countries around the world. With a low fraud rate in the industry of 0.02%, Allied Wallet protects leading business owners against fraud and security protection.
“We need to protect consumers around the world,” said Andy Khawaja.
Andy Khawaja and Allied Wallet have certainly made an impact and remain at the forefront of billions of dollars in online credit card transactions, offering safe and efficient services and technology.
“We are race winners, we are masters of global processing. Today we are changing the future of transactions,” said Andy Khawaja, CEO.
Steps to a Perfectly Written Business Plan
Learn, improvise, pivot. Learn by doing. Everyone has a plan until they get punched in the mouth (thank Mike Tyson for that quote). That’s the excuse most people use when avoiding writing a business plan when starting the entrepreneurial journey.
Don’t make that mistake. Business plans are an essential part of any successful enterprise. They create structure and clear expectations. They set paths to growth and profitability, with key milestones. And if you’re looking for financing, it’s an all-important tool. In short, you can’t go without having one. Here’s how you can write your perfect business plan, even if you have no clue how to do it.
Before You Write: The Rules
Before you put digital pen to paper, let’s get a few things straight right from the get-go. Follow these rules when writing your business plan and you’ll avoid many of the common pitfalls.
Take Your Business Plan Seriously
Business plans are not add-ons or a box you need to tick to get started. If you’re taking more time perfecting your business card or signage over your plan (although the print is also important when starting!), you’ve got issues.
Keep Things Short and Simple
It’s tempting to want to write a sizeable tome when putting together a business plan. We recommend going the opposite direction: keep it short and sweet. Instead of writing 300 pages, go for a concise 30. It’s a guideline document, not a play-by-play.
Don’t Use a Thesaurus
Remember back in high school when you thought using a thesaurus would improve your English essays? Yeah, it won’t help here either. Instead of waffling on while using superfluous language, you want to get straight to the point using simple terminology.
You’re just starting out. You don’t have much money and you’re not exactly a business expert. Writing a business plan seems like a daunting proposition. And it is if you expect perfection. Getting the ball rolling is the most important rule; the rest will come.
To summarize this section: make your business plan an easy and smooth read. This is important on two counts. First, they’re often frequently used as reference points. Future you will be annoyed about having to struggle through painfully complicated language or what’s akin to a thesis. Second, potential investors will hate you if they have to trawl through what’s essentially unnecessary garbage when assessing your business.
What You Need to Include
Business plans can be split up into distinct parts. You’ll need to include these if you want to be taken seriously. We’re giving you a quick run-down of each one, but SBA.gov has a handy guide that goes over the following in a little more detail:
- Executive summary. If someone asks you what your business does and where it plans ongoing, this is what quickly answers that question.
- Company description. This is where you do a deep-dive on your organizational structure and how your business will deliver their product and service.
- Market analysis. What’s your target market? You want an in-depth analysis of who you are selling to, your competitors, and how you’ll stand out.
- Organization and management. How is your company structured? Who does what? You also need to include the legal structure of your company.
- Service or product. What is it that you’re selling, exactly?
- Marketing and sales. Sure, you have a solid product. But how are people going to find out about it and buy it?
- Funding. If you’re going to try and raise funds for your business, you need to know the numbers inside out.
- Financial projects. Don’t include pipe dreams or pie in the sky figures. Serious businesses do proper calculations in this section.
Write, Review, Edit
Finished? Ready to print it off and then leaving your business to gather dust? Not so fast. Before you hit CTRL+P, you want to review your document with painstaking detail. It’s annoying but necessary.
And once you’re done, consider it a version 1.0. As your business develops, matures, and becomes successful, you’ll want to go back and edit accordingly. Consider your business plan a ‘live’ document, revisiting it as things change.
Remember Your Why
We’re ending with a slight cheesy note, apologies. But we think it’s a worthwhile point nonetheless. When writing your business plan, remember your Why. This harks back to Simon Sinek’s seminal book on what inspires a business.
It’s not the How. It’s not the What. It’s the Why. That’s what makes people tick. And it’s that exact thing that makes your business unique, why it will (hopefully!) succeed. Your Why needs to permeate throughout your business plan, weaving itself through the raw financial data, the fancy market graphs and analysis, and your company structure. Do that and your business plan will go next-level, we promise!
Saad Mushtaq was born and raised in the busy city of Memphis. As a journalist, Saad Mushtaq has contributed to many online publications including the USA Today and the Huffing Post. In regards to academics, Saad Mushtaq earned a degree in business from the University Of Texas and an master’s degree from the University of Tennessee. Saad Mushtaq follows the money and covers all aspects of emerging tech here at The Hear Up.Thanks
Allied Wallet Founder Andy Khawaja Becomes Boys Town Honorary Citizen
Dr. Andy Khawaja of Allied Wallet, the global FinTech company that provides multiple payment solutions in 196 countries, has received an honorary citizenship certificate in Boys Town, Nebraska, for his company’s contributions to society.
The founder of the Allied Wallet has always led dedicated efforts that have benefited from the company’s success in giving back to communities around the world. For more than a decade, they have supported organizations that have had a positive impact, helping children, animals, the police, veterans and various communities, and disaster relief.
Dr. Andy Khawaja said, “It is important to respond, we offer an unparalleled e-commerce solution that promotes success and entrepreneurship, but I do not think our responsibility ends there. We want to make a positive difference in societies around the world and give people more opportunities for success.”
Some Allied Wallet contributions will support: STAR Children’s Team, Wounded Warrior Project, Innocence Action, United Service Organizations, Eagle and Badge Foundation, After-School Alliance, Brent Shapiro Foundation, ASACP, and Harte Productions Police Association Los Angeles, Organization Hope for international change and paralyzed veterans in America.
Boys Town is a non-profit organization dedicated to caring for children and families. Boys Town has nine locations in the U.S. that provide shelter and counseling for children with distress. It helps families, saves children and strengthens societies.
Boise Town, Nebraska was established as a municipality in Nebraska and has its own police and fire departments, churches and post offices. There are about 400 boys and girls living in the famous city in the city and it has been named as one of the “Top 100 Youth Communities”.
Dr. Andy Khawaja and Allied Wallet are proud of this certificate and appreciation for their efforts and contributions to Boys Town.
“We look forward to helping Town Town continue to influence young people today and give these young people more opportunities for success and prosperity,” said Dr. Andy Khawaja.
Allied Wallet and Founder Andy Khawaja Recognized as ‘Fastest Growing Payment Solution Provider’
Allied Wallet, a leading online payment processing provider offering multiple payment solutions in 196 countries around the world, and its founder and CEO, Dr. Andy Khawaja, is featured on the cover of APAC Business Headlines as one of ” 10 fastest growing payment providers. ”
APAC Business Headlines is a publication in Asia and the Pacific that provides a platform for the dissemination of technical knowledge and the latest news. APAC entrepreneurs communicate with clients, offering innovative ideas, better-rated companies, new channels, and broader levels of technology adoption.
The November issue features Dr. Andy Khawaja of Allied Wallet on the cover to promote his lead article, “Learn about the future of payment.”
The article is about an interview with Dr. Khawaja highlighting some of the brightest product/service offerings. Allied Wallet’s NextGen payment gateway is known for protecting the next generation against fraud and ultimately eliminating 100% fraud, providing an unprecedented level of e-commerce security.
In addition to core products and advanced technology, APAC focuses on Allied Portfolio’s core focus, which is its dedication to customers.
Featured as Inc. 500, Fortune and The Guardian, the company remains focused on ensuring the happiness of its customers. APAC wrote: This feature, combined with its ability to innovate, makes Allied Wallet one of the world’s leading payment solution providers.
Dr. Andy Khawaja said: “We are very proud to win this award … and we have more to come. We are leading the industry with new alternative payment methods and new partnerships to increase communication with society globally. We are very excited about that. Merchants and consumers alike will have an almost unlimited number. ” One way to deal with our payment system. ”
Allied Wallet’s massive growth this year can be attributed to its fast-tech division, with new support and expanding the range of new payment options announced weekly.
The company is preparing to end the year with many new features.
Dr. Andy Khawaja said: “Allied Wallet has relationships to connect many parts of the e-commerce industry and provide merchants with the best, one-stop solutions,” and perhaps that “first customer” mindset is what the company success.
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