Tag Archives: business

Excessive But Enriched: Having A High Quality Of Life When You’re Too Busy

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Excessive But Enriched: Having A High Quality Of Life When You’re Too Busy

Many guides are making the rounds about living life to the fullest or having that perfect work/life balance. But, the fact of the matter is, that this is incredibly difficult for the vast majority of us. Especially when you think about parents who have more than one child and have things like family commitments in addition to working, it’s bound to have a major impact. There’s a lot of stress that can make an effect on their ability to live a proper life that has meaning, aside from their children. So, how can we all live a rich and fulfilling life when we are so busy all of the time? Here’s how:

Make Health Your Top Priority:

Even though we can work excessive hours and not feel like we have time to ourselves and our loved ones, if we address the mental and physical health aspects of our lives, it means we are better equipped to deal with these overarching stresses in our lives. It is such a cliché, but you are what you eat, and also people seldom make the connection between a bad diet and low mood. It’s best to think of your body like a car, you wouldn’t put the wrong fuel in your car, so why should you put the wrong fuel in your body? You may not even realize you have an intolerance of some sort, and there are plenty of online blood tests you can order to check if there’s anything you have a deficiency in. By getting your health back on an even keel, physically and mentally, it leaves you with more energy, which leaves you better prepared to make the most of what little time you have left during your week.

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Working out is a great stress reliever!

Leave Work Behind When You Leave The Office:

Even the busiest CEOs who work over 70 hours a week will tell you the importance of compartmentalizing your life in this respect. It’s easy for the mental baggage we take with us after we leave the office to hang around us and loom large in our minds, even if we’re not consciously thinking about it. Have a look at the Instagram of Chris Pivik, an entrepreneur with the busiest of careers. He still manages to get out and see the world despite his career. And the entrepreneur to end all entrepreneurs, Tony Robbins, will tell you about the value of a vacation to make lasting memories with your loved ones.

It’s these things that will replenish your emotional well being and leave you with a better outlook on the world. And, granted, a lot of us don’t take many vacations due to time constraints or lack of finances, but many businesses now are hot on the notion of flexi time, and this is something that you should take advantage of. It doesn’t do anybody any favors to get engrossed in your work outside of the office, especially if you have loved ones you rarely get to see. In this instance, it may be worth looking for a different career, one that leaves you feeling more fulfilled, so when you do go home, you have the satisfaction of feeling like you have achieved something throughout the course of your day.

The way to live an enriched life is not completely about tackling your work/life balance, but in feeling that you have a sense of emotional freedom. This is the key to you living a rich life when there are so many every day world pressures to get you down.

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Productivity Boosting: Simple Guidance For New Company Bosses

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Productivity Boosting: Simple Guidance For New Company Bosses

When anyone starts a new company, they often have to navigate many different stumbling blocks. If the individual manages to do that successfully, they should have a profitable business on their hands. However, there will come a time when it makes sense to implement new measures to boost productivity and efficiency, which helps to increase profits and ensure that the company can satisfy as many clients or customers as possible. The problem, is that most new entrepreneurs have no clue where to start. With that in mind, the guidance below this introduction should assist in providing some advice. Use one or more of the strategies mentioned in this post to increase productivity and take the brand to the next level:

Educate Employees: Sometimes the best way to increase productivity is to provide educational opportunities to the workforce. With a bit of luck, that process will help employees to learn new skills that they can apply to their roles within the company. The business owner just has to work out which course is most appropriate. Most entrepreneurs won’t want their workers to spend too much time out of the office. For that reason, it makes sense to select online programs that allow employees to gain their qualifications at home. MBA management online degrees could benefit people in team leader positions. Likewise, anyone working as part of the marketing team would learn the latest techniques from advertising and promotional courses. Employers just have to:

  • Present workers with suitable education programs
  • Offer to pay for the courses
  • Provide support for all learners

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Knowledge is power!

Make Use of the Latest Technology: There is no getting away from the fact that we are living in the digital age now. New technology reaches the market every single day and business owners need to keep their fingers on the pulse. Failure to do that could mean that the company never reaches maximum productivity and it could also mean that the brand loses out to their competition. Many different software packages could assist in reducing workloads and making the operation more efficient than it was in the past. For instance, entrepreneurs might like to invest in:

  • Cloud storage
  • Accounting software
  • Inventory software
  • Social media management tools
  • 3D printing technology

Many tech blogs and websites release articles discussing the latest advancements. It only makes sense for business owners to bookmark those addresses and take a look at new posts every day.

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#technology

Offer Bonuses to Workers: Human beings are simple creatures and they tend to respond well to incentives. Bosses who want their employees to go the extra mile should offer financial bonuses. People who do that should notice a vast improvement in productivity almost immediately. The process is much the same as dangling a carrot in front of a donkey. Of course, some companies don’t have enough money in their accounts to hand out cash bonuses every week. In that situation, it’s wise to think of some alternative perks for employees who make an effort. For instance, bosses might consider offering:

  • Cinema tickets
  • Food vouchers
  • Alcoholic drinks (for the weekend)
  • New job opportunities
  • Workplace discounts

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$$$$

Know When to Outsource: Most business owners have read about the process of outsourcing in the past. However, a significant percentage of entrepreneurs never push ahead with the idea. That is a terrible mistake to make for anyone who wants to boost productivity. There are going to be many tasks within the company that take a long time to complete. It often makes sense to employ outside specialists to handle those processes. For instance, many firms choose to outsource their customer service departments these days. That is a fantastic move because it means other people deal with correspondence and employees can focus on pushing the operation forward. Customers don’t know the difference because the business owner will create a script for the call center staff to follow. Other jobs individuals tend to outsource include:

  • Parts of the manufacturing process
  • Marketing and promotion
  • Accounting and bookkeeping
  • Human resources

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Move Towards Automation: Experts claim that automation is the key to success in the modern business world. That is especially the case for people who own manufacturing companies. There are many specialists out there who develop custom-built robots that can perform many tasks without human interaction. Automating the production process would mean business owners can get their products made in the fastest time possible. It should also mean there are fewer mistakes than before and the items are made to the highest of standards. However, even those running an office can benefit from automation. With the right tools, it’s possible to automate:

  • Employee salary payments
  • The recording of financial information
  • Inventory monitoring
  • The placing of supplier orders

Business owners just have to search online for the best-automated software packages. If they can’t find anything suitable, the entrepreneur should get in touch with developers. There are people out there who will build almost anything for a price.

Remove the Weakest Links: Just as company bosses have to reward hard workers, they also need to remove the weakest links from their team. If there are employees who show up late every day and never perform as expected, it’s time to terminate their contracts. Of course, all employers will have to follow a standard disciplinary process to avoid any disputes. Some workers will say mistreatment has taken place and that can result in them taking the boss to a tribunal. However, that should never happen if the entrepreneur treads carefully. Anyone who needs to understand the process should get in touch with experienced lawyers. People in that profession know how to get rid of useless workers without creating repercussions. Listen to their advice and put it into practice. In most instances, company bosses will have to:

  • Give the employee a verbal warning
  • Offer two written warnings
  • Present the employee with a final warning
  • Hold a meeting to discuss the situation
  • Fire the employee

People who follow that strategy will have done everything possible to resolve the issue in the eyes of the law. While some ex-employees might try to take the business to court, they will not succeed in their bid for compensation.

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Bye bye!

Remain Flexible: All entrepreneurs should aim to stay as flexible as possible when it comes to their working processes. That is the only way to ensure that they always maximize profit potential. Maybe a new piece of software appears on the market that could slash working times in half? Perhaps a new material could assist in reducing the cost of product production? Only those with flexibility will manage to implement the changes quickly and reap the rewards. Time is often of the essence when it comes to making use of new ideas before the competition. All company bosses should ensure that they can change any part of their operation at the drop of a hat. Strategies for that might include:

  • Ensuring all departments are self-reliant
  • Improving workplace communication channels
  • Employing experts who can adjust the structure of the company quickly

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The tips and tricks listed in this article should be enough to point all entrepreneurs in the right direction. Boosting productivity can help to increase profits and make sure that the business has enough capital in its accounts to expand. Failure to use the advice from this page could mean the company becomes set in its ways. That is the worst thing that can happen to any modern operation, because it is only a matter of time before a rival blows it out of the water. Out of all of the guidance in this post, remaining flexible is the most important, so start working on that as soon as possible!

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Turn Your Love Of Crafts Into A Full Blown Business

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Turn Your Love Of Crafts Into A Full Blown Business

Do you love trying your luck with some at home DIY? Perhaps you love sinking your teeth into a craft project and not stopping until you have a finished result that is both stunning and a major conversation starter. If that’s the case, it might be worth considering whether you can turn your love for crafts like sewing, knitting, or woodwork into a full blown career. If you love it that much, it’s never a bad idea to explore the possibility of basing your life and your earnings around it. Let’s explore how to get started with this idea:

Getting Set Up:

If you’re completing woodwork, at the very least, you’ll need a tuner and a few saws. You might also need a work table and, if you are operating in a small space, a piece of equipment to keep the air clean. Safety might also be a concern for this one, so make sure that you have goggles because if a wooden splinter gets in your eye… you’re going to cry. For some crafts, the set up is a tad simpler. If you are sewing clothing, for example, you just need something like an embroidery machine. You can get an affordable embroidery machine for your business on the market at a price that you should easily be able to fit into your budget. Once you have this, you can get started producing gorgeous products.

It is worth pointing out that at this stage, you should not be focused on making money. Instead, you should put all of your time and effort into producing items that are of high quality and will interest a few buyers. But quality should always be your top priority.

How To Sell:

Once you have a few products ready to sell, you should think about the source that you’re going to use to sell them. The easiest option here would be to set up a website. That way, you will be able to sell all of the products you want without any trouble at all. If you don’t want to invest a lot of money into this idea just yet, it’s worth just starting with a free blog using a basic template. As your business grows, you’re going to need to be a little more clever with marketing. But for the first few weeks, you’ll probably only be selling to family, friends, and acquaintances anyways.

Finding The Right Price:

When you start your business, it doesn’t matter what price you sell your products at. You don’t even have to make a profit, because it’s all about finding your footing on the market and gaining the interest from target customers. But eventually, you will need to focus on making money, and to do that you need to have the right price to make a profit. You will need to take into account production costs, the price of materials that you use, and deliveries. When all of this is taken into account, you might find you need to sell your items at a tad more than you expected.

If you use these steps, you will find yourself with the starting blocks to turn a passion for crafts into a money making career. Good luck, you beautiful, crafty genius!

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Is Now The Right Time To Get Into The Healthcare Industry?

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Is Now The Right Time To Get Into The Healthcare Industry?

Healthcare businesses are booming at the moment. So, it isn’t hard to see why starting a firm which delivers patient care is so tempting. The problem is, that even though the landscape appears good now, it may not be in the future. Sadly, entrepreneurs see a ‘sure thing’ and dive in head first, only to have things turn sour shortly after. For obvious reasons, you don’t want this to happen! It’s essential that you think before you act. With that in mind, here are the pros and cons of starting a healthcare business in 2017:

Pro: It’s Easier To Obtain Qualifications

Most people think that they need seven years of medical training before they can open the doors. Or, they believe that some need to pay their dues. The reality is, that qualifications are a lot easier to come by today than ever before. Yes, lots of medical professionals do spend years training to get a foothold in the industry. But, it’s also possible to do it online. With courses such as healthcare administration bachelor’s degree online, there is no base that you can’t cover. As an added bonus, online classes tend to be less expensive.

Con: Industry Is Complex

The problem with starting out as a novice is the complexity of the industry. Simply put, there is a lot to deal with on a daily basis, and that is only the tip of the iceberg. To provide an extensive care package, it is essential to keep up with the latest trends and attend seminars. You will also need to review your practices to ensure that they are up to date, not to mention the logistical side of things. Sure, it is possible to learn as you go, but it is extremely difficult. If you’re going to succeed, you need tons of brainpower and the drive.

Pro: Returns Tend To Be High

If you’re savvy, the returns on your investment can be significant. The reason for this comes down to low startup costs. Normally, new businesses have to fork out a lot of money to break even, but healthcare firms don’t follow the same rules. For example, there is no need for an office if you provide care to people in their homes. Plus, there is no reason to hire a plethora of workers, either. As long as you can keep the initial cost down, there is an excellent chance that you will be in the black.

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#stackingpaper

Con: Everything Is Changing

A few years ago, the Affordable Care Act came into action and changed the industry. Now, the Trumpcare legislation is about to come into effect, and everything will be different again. Some people will see this as an opportunity, which it is in some respects. Others, however, will understand that the industry is on a knife edge. Taking the gamble now could pay off, or it could leave you with nothing. Regardless, it isn’t worth the risk until you know more.

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Are you up for the ever changing challenge?

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Keeping Multiple Doors Open Throughout Your Career

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Keeping Multiple Doors Open Throughout Your Career

Securing a great career is one of the most rewarding accomplishments that anyone can ever achieve. But given the fact that we are individuals, you cannot fall into the trap of placing all of your eggs into one basket. Maintaining a sense of flexibility could be the key to finding a pathway tailored to your unique needs. As such, keeping multiple doors open is essential.

Gaining a sense of direction is important, or else your career could start moving backwards. Nonetheless, retaining a sense of versatility will bring many benefits as you aim to juggle the various aspects of your life. Here’s how you can achieve that goal in just five easy steps:

1) Don’t commit to the longest course: You never know when an opportunity may surface. You may even have a chance to secure your dream job without taking your education to the very highest level. Community college transfers allow you to switch over to an advanced course after graduation from a foundation level. Split your education into two parts and see where you stand at the end of part one. With the money saved thanks to reasonable community college tuition costs, you’ll be glad that you did!

2) Be open to digital opportunities: The evolution of modern tech has opened up several new doors ranging from freelance work to working at home. Build a suitable home office space, and your prospects will look better than ever. Not only can this enable you to reduce the need for commuting, but it may allow you to work during hours that are better suited to your current lifestyle. If you’re a parent, for example, this can make a world of difference to your family life and financially.

3) Consider learning a new language: Let’s face it; the world of business is a smaller place than ever, and even small companies now do international deals. Having the ability to work with clients and partners from all over the world will make you a far more attractive prospect for employers. Moreover, it could potentially open up the possibility of relocating for another role. That might not be an avenue you wish to take, but having the option can only be a positive. And, if nothing else, learning something new is fun!

4) Sign up to job sites and networking channels: In business, it’s often who you know that matters. As such, using LinkedIn and similar platforms can be hugely helpful. Meanwhile, posting your details for potential employers to find you could result in new jobs being offered to you. Even if you’re happy in your current role, you should never rule out the possibility of something better being out there. You might not necessarily chase those vacancies. But still, shutting the door on them completely would be a tragedy.

5) Have the ambition to do something on the side: This could mean increasing your skills with additional courses and experience. Alternatively, you may wish to start a small business of your own with a goal to eventually make it your full-time career. In any scenario, following your passions in a productive fashion can bring many rewards. Not only for your long-term earning potential but for your continued happiness, as well.

The business world is expanding daily with new advances and ideas. Being open to all of the future possibilities only makes sense in a world of constant change!

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Are You a Budding Entrepreneur? How to Secure Early Success

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Are You a Budding Entrepreneur? How to Secure Early Success

Being an entrepreneur and making a success of it is always going to be an uphill struggle. Most of the people who choose this path in life fail and have to switch to another career later on. That’s just the way it goes in a competitive marketplace. However, that doesn’t mean that you should just resign yourself to failure, too. There are plenty of things that you can do to make sure that you do better than all of those that have tried before you, like the following:

Know What Kind of Business You Want to Run: First of all, you need to know what kind of a business you actually want to run. If you get this wrong, you could get your entire approach wrong. Give some thought to this. Do you want to start a business that operates in a risky sector but has fantastic growth potential? Or you might want to take a safer bet and opt for a franchise. You could choose a franchise in home care. You will be responsible for running the business, but there is less risk involved. It’s entirely up to you to decide what kind of business you want to run, but give it plenty of thought beforehand before committing to anything.

Planning Can’t Be Skipped: Many people arrogantly think that they can just skip the planning stage of the process when they start a new business, but that’s not the case at all. In fact, it’s a very bad idea to think that you can skip over something as important as planning. If you don’t have a solid and sturdy plan for how you’re going to push the business forward and make sure that it is always progressing, you will experience problems later on. You can’t afford to not do this, so don’t let your ego get the better of you when you want to shrug off a planning brain storming sesh.

Have a Concept That Will Stand Out: If you’re going to find early success and get to where you want to be as a business owner and entrepreneur, you really need to arrive with a fully formed idea. This idea is going to have to be big and good enough to make you stand out from the other businesses that are already operating in the market. You can’t just roll in and expect people to ditch the companies that they are already loyal to. If that’s going to happen, you need to give them a proper reason through the services that your company offers.

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Know Your Long and Short Term Goals: Yes, short-term goals can be very important when you’re looking for early success in your business. But having long-term goals is just as important. You might think that this is a strange thing to say when we’re talking about early success for your startup. But having long-term plans and aims is a sign that you have thought through the journey that you want for your business. It shows foresight and seriousness, and those things are important at any stage of running a company.

Starting any new feat for work can be a daunting task, so remember to think things through and plan, plan, plan every step of the way for your ultimate success.

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Avoiding The Legal Headaches Of The Business World

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Avoiding The Legal Headaches Of The Business World

Running your own small business is like every other aspect of your life, as you need to be cognizant of the law. Just as you will know when you are at home how loud you can play music and that you need planning permission to make any changes to your house. And while you are in public, you will acknowledge the importance of not behaving in certain ways, you should also be aware of the things that you have to do in the business world when it comes to your legal obligations and limits.

A lot of laws are ostensibly superfluous because the things that they prohibit are already governed by a sort of tacitly agreed social contract. Many people do not do certain things because they would not want to do them in any case, irrespective of whether there is a law in place that tells them that they shouldn’t. However, with some things, the law imposes obligations on you that you may find to be quite restrictive or expensive. The reality is, that you still need to attend to these things because they often have the benefits of your employees or society as a whole in mind. Failing to do so can result in legal difficulties which can feasibly end the viability of your business. Here are a few things that you should consider to make sure that your business is compliant:

Some things are rather obvious, like the importance of running an office or other business venues in such a way that reduces the potential risk of fire. These measures are sensible not only because they can help prevent horrific injury or death, but also because a fire can be disastrous for business. Taking out business insurance is always a good idea. It is not just for pessimists; in the event that your office does burn down, you will realize that it is for realists. However, there are also lots of fire codes, which you need to know and submit to. They are often detailed and complex and rather than reading, understanding, and implementing them yourself, you may want to hire a fire safety franchise to come into your business and make sure that everything is as it should be. It will ensure that your business is not closed down by government inspectors, as well as keeping you and your employees safe.

Not all of the threats to your business are so impersonal as something like fire, though. The people that you hire can also prove to be a disadvantage to you. Research conducted by the Ponemon Institute in Tucson, Arizona, found that 60% of employees who quit a job or who are asked to leave steal from that company. 65% of those same people took email lists, while 35% took employee records. Remarkably, 16% had the temerity to take financial information. This is illegal and can present a major threat to your business. If that person takes that data to one of your competitors, you may not be able to compete as effectively as you’d like. However, if that data is leaked, it could hurt your reputation and leave you vulnerable to being sued. Encrypting your data and implementing clearance levels and non-disclosure agreements is a good idea.

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