Financing small businesses: Tips for SMEs

If your excellent business idea is hampered by a lack of funds, these tips to raise capital will help you go a long way.

India is currently witnessing a burgeoning start-up culture that is making millionaires out of some business owners. The best ideas are not just becoming successful domestically, they are also generating huge funding from foreign investors. At the same time, several other small businesses are waiting to see the light of day owing to lack of capital. If your business is one of the latter, you need to consider these: (more…)

Life Insurance – For those undesirable moments in life

One of the sad truths of life is that we all face that moment when all of it goes away. Of course, none of us are really prepared for those moments which take our breath away, in a very different way. We can however plan, if such a thing happens, when we least expect it, so that our loved ones are taken care of. While we may not be there personally in those moments of stress and need, we can at least plan in such a way that such stressful moments of life be taken care of, at least financially. (more…)

How to Approach Sales and Promotions Properly in a Marketing Campaign

Marketing campaigns can be tricky to put together. No matter what you end up doing, it’s going to cost you money, but the point of the campaign is to bring in enough money that you more than make up for the sum that was spent on the campaign in the first place. For any business, no matter what they make, it’s commonplace to put about 10 percent of the budget towards marketing. Without marketing, you have no market, so it makes sense. (more…)

Tips and Tricks to Access Work From Anywhere

When you ask people what their dream is in regards to work, they usually talk about how they wish that they could work less, work from home more, and ideally work from anywhere that they like at whatever time that they want. Thought this dream is a reality for some, most of the world is stuck in 9 to 5 jobs that require that they work very specific hours and slave away making somebody else’s dream a reality.

If you want to make your aspirations of working from anywhere real, here are tips and trick for ways to make that happen: (more…)

The Business of Building a Home: Things Not to Do

From the moment of birth, life is filled with people telling you what you can and can’t do. As a child, you’re constantly told to not touch things and to stop crying, but you’re also told to smile at visitors, let them hug you, and do things like eat your vegetables. It’s a necessary part of life. In order to learn how to operate on a day to day basis, you have to be told what is socially acceptable and what is not, or else behaviors are left as a free for all based upon the whims of your emotion.

As you get older, the issue of being told what to do and what not to do doesn’t go away. You’re able to say no easier, but it’s still a part of everyday life. When you’re in the business of building a home, you’re going to be told what you can and can’t have a lot and you’re going to be told what you can and cannot do. Here are some of those things you can’t do when building a home on the business aspect of things: (more…)

Keeping Your Business Vehicle On The Road And On The Go

When it comes to business vehicles, these things can get a lot of wear and tear. They get driven a lot, often by many different people. That means they need a lot of care if you want to keep them working for you, and not have to regularly replace them.

Upkeep on vehicles can get expensive, especially on older vehicles, but it’s often a necessity. When it comes to work vehicles you want to make sure that they are safe to drive for everyone, and not a liability. You need to make sure, also, that your vehicles are insured to cover all possible drivers, and that you have licensed drivers behind the wheel. (more…)

How to Read the Statement of Profit and Loss

Statement of Profit & Loss (P&L), as the name suggests, gives the summary of incomes and expenses arising during a particular financial year for a business. When the net income (i.e. income minus expenditure) is positive the company is in Profit and when the net income is negative the company is said to have incurred a Loss.

There are several types of expenses listed under the ‘Expenditure’ section of P&L Statement. When you are a beginner, you need to broadly understand the difference between these types of expenses in order to assess their impact on company’s future and present profitability. (more…)

Is It Time to Outsource Your Marketing?

Oftentimes it feels like that are millions of moving pieces when it comes to our marketing efforts, especially online. When you’re an entrepreneur trying to do it all with limited time and resources, those efforts can quickly become overwhelming. Thankfully, many modern companies are reaping the benefits of outsourcing their marketing efforts to build leaner, swifter businesses.

For example, outsourcing your marketing can help you save… (more…)

5 Tips for Buying an Attorney Practice

As a lawyer, you always want to be sure you’re making the right decision
for your career. For some, this means going out on their own and tackling the
reward of owning your own practice. While some lawyers prefer to start from
scratch, there are those who prefer to work with something existing. This is
why they make the decision to buy an attorney practice instead of create a
startup. If buying an attorney practice sounds like something right up your
alley, it’s very important you make the right choices. Take a look at the
following tips for buying an attorney practice. (more…)

Term insurance plans review

Life is unpredictable and full of ifs and buts. It is important to keep your  family members secured in your absence. A term plan is an insurance solution that  provides financial security to your family members in case an unfortunate event of death occurs to you. A term insurance plan ensures that the entire sum assured is provided to the  nominee in case an event of death occurs to the policyholder. This Sum assured can be utilized the way your spouse/ nominee wishes to use it – pay bills, pay EMIs, pay for child’s school fees, health bills, etc (more…)

5 Ways to Raise Cash for Your Business

Are you starting a business, or do you already have a business, but need more money to expand it? If you want to start a business, or already have a business and want to make improvements, there are different types of investors you can look at for your business – they include banks, angel investors, peer to peer lenders, venture capitalists and personal investors. This article will discuss these five different types of investors. (more…)

13 reasons why you need to start email marketing now!

Marketing is the key to everything. Wonder why these cosmetic brands and toothpaste peeps and those footwear people have celebrities endorsing their products and wonder why they pay wads of money in this process? Because, marketing! One needs their product or brand to go into the audience. They want it to get popular. To go viral and why, this we all know. No hiding. That is exactly why marketing people are in such a demand. Why mediocre marketers kill the whole scene and why creativity and intelligence is included in the requirements of marketers.

Usually, when the word ‘marketing’ is heard somewhere, bells ring. Yes, the traditional marketing we all are talking about. The sales person ringing us up and asking us our precious two minutes, the way they used to explain the perks of products and persuade us to buy that certain product. And generally, all of us had fake smiles plastered to our faces all the time and at times, we had even rudely told them to get out because we didn’t have time for them all. (more…)

Automation is Streamlining Business

The greatest asset in any business is its people. The knowledge, heart, and skill they bring to the table are irreplaceable. Yet some people feel that our inability to substitute for those human elements is reason not to substitute for other things that a worker can do. This is misguided thinking.

The most obvious example of this is automation. When manufacturing began to create new ways to mechanize tasks on the assembly line, there was a great outcry about the jobs that would be lost. What was missed with that conclusion was that there would still be humans to build and maintain the machines and that there were always plenty of jobs that a human would have to do.

And more importantly, automation allows humans to be used where their strengths are greatest and most irreplaceable. The menial tasks in any workplace that used to require the commitment of many man-hours of labor can now be handled by automated systems that free up human workers for more skilled tasks. (more…)

Ten Tips For Great Branded Apparel

Branded apparel is a great way to market your company – but you need to inspire people to actually wear your clothes. Here’s how you can do so.

Whether you’re establishing a new clothing brand or simply promoting your business with some sweet duds, there are a few rules you need to be aware of. See, while the successful marketing of branded apparel can be extremely rewarding, it’s also very easy to get wrong.

If you’re looking for examples of branded blunders, you’ll find no shortage of them. The industry is filled with designers and hopefuls who, while they may have their hearts in the right place, seem to have little understanding of what’s involved in a successful branding venture – let alone how to translate that onto a shirt. That’s where we come in, naturally. (more…)

Back Away from The Bin: Why You Shouldn’t Toss That Prospectus

If you read investing articles, especially ones for mutual funds, you may run across the term prospectus. And if you’re an investor, you’ve surely gotten these in the mail. More than likely, they’ve ended up in your recycle bin before you’ve opened the first page. But is trashing the prospectus really that harmless?

It can be. Why? Because knowing how to understand prospectuses is crucial for any investor so they can make an informed decision about buying or selling a stock or other security. Let’s go over what you might expect to see inside of a prospectus. (more…)

Digital Safeguards and Compliance: Are You Doing Enough?

If your business exists in the digital or online realms anywhere at all, then you have to be aware of how to use digital safeguards, and how to make sure that you’re compliant with any requirements within your particular industry as well. The tech industry and the medical industry in particular have compliance laws on the federal level to ensure all sorts of different types of client privacy [1].

So, if you aren’t already familiar with how these safeguards work, either through software or hardware means, then give yourself a refresher about topics like HITECH, HIPAA, personal password best practices, website administrator responsibilities, and how important it is to work with different types of encryption. (more…)

3 Tips for Giving Discounts to Customers or Clients

Providing your customers with an enticing discount is a great way to quickly boost sales and see some income into your business. However, discounts can also become a slippery slope that your business can get stuck on, ultimately lowering sales and hurting your brand—something no business wants. So to help you make smart decisions regarding how and when to offer discounts to your customers or clients, here are three tips you may want to remember the next time you’re considering giving a discount on your products or services. (more…)

4 Tips For Marketing Your Business In San Diego

There is a lot that you need to do in order to have a successful business. Besides running your business well, offering a good product or service, and having good customer relations, you need to market your business. Word of mouth will only get you so far, and without a proper marketing plan your business will not be able to grow to its full potential. If you are opening up a business in San Diego, or you already have one there, here are a few tips on how you can market it. (more…)

4 essential qualities to look for when hiring promo staff

Are you in the market for some promotional staff? It pays to do your research to ensure that you hire the right kind of people for your product. Within the promotional model industry, there are a huge number of talented individuals that work across a range of specialities. Some people are especially good at promoting fitness products due to their physique, while others are perfect for promoting a food or drink event due to their previous hospitality experience or professionalism. A promo model by the very definition is someone who can promote and sell a company’s products or services by sparking interest with potential customers or guests. You can use promotional models at any kind of event – whether it’s a trade show, a convention, or an exhibition. The models you choose are going to reflect on your company and will create a connection between your business and your customer. As a result, you need to make sure that the models you choose reflect your company well, and that they’ll do your business justice! Take a look at these tips to find the four essential qualities to look for when hiring promotional staff, brought to you by the promotional model experts, Gaston Management. (more…)

Two Reasons to Get a Working Capital Loan for Your Business

When it comes to financing a business, there are many different options for securing working capital. Some businesses operate completely based on revenue. Others get help from banks or investors. Some entrepreneurs even have enough savings to pour their own assets into their businesses until the ventures begin to turn a profit. Unfortunately, there might be instances where none of those options are workable for your business. You might have a series of customers who haven’t paid their invoices yet, leading to a temporary cash flow problem. Your business might be too young and green to attract investors or get approved for a traditional bank loan. And you might not have the savings necessary to keep your business afloat for the long-term—at least not without risking your personal financial future. (more…)

How Office Ergonomics Can Impact Employee Well Being

There’s every chance that you’re reading this because you are looking for a new way to help to improve the worker’s compensation and health care costs that are happening in your business right now. That’s great! Improving the overall productivity and outcome of your business should be a key part of the overall growth and development of your company. After all, when your workers are more productive, they will create a better product with greater quality overall. Don’t believe us? Take a look further. After all, you might not be aware of how office ergonomics can improve your workplace overall – but you’re about to learn just how ergonomics can impact on your company. Let’s take a look now: (more…)

Three Things To Emphasise When Marketing

When it comes to marketing your business, it’s likely you’ve spent a lot of time coming up with all the things you want people to know about your business. You’ve taken time to determine who would benefit most from your business, and how you can reach out to them. What most matters, is what you are reaching out to them with. (more…)

A Complete Guideline for Personal Loans in India

A Personal Loan is a debt taken from a financial institution, which must be repaid within a number of years, and at a particular rate of interest rate. The amount you receive from such a loan can be used as per your discretion, be it for home renovation, funding a vacation, or purchasing a vehicle. Keeping that in mind, the loan is only sanctioned after the verification of your income and personal documents.

Although the rate of interest is quite high, many apply for Personal Loan because it allows for a high amount to be dispensed within a short period. Add to that an uncomplicated application process and flexible repayment procedure, and you get a convenient way of getting money when you really need it. (more…)

Presentation Skills Your Office Needs to Learn

Employees with great presentation skills are coveted assets across industries. They project confidence, inspire trust, and represent their organizations in the best possible light. However, people are not born with these talents. Some employees with academic or extracurricular backgrounds in public speaking, business competition, or performance may seem like “naturals,” but every individual is capable of effective public speaking for business with the right training. (more…)

How Your Business Marketing Techniques Can Cross Over From Digital To Print

Marketing your business is important, no matter how big or small it is. Businesses don’t just magically get their names out there and gain customers, it takes a lot of work. That work includes digital and print marketing, but these things can cross over with one another, making some of the work easier.

If you aren’t utilizing every marketing opportunity available to you, then you are missing out on customers galore.So, without further ado, here are some marketing attempts that you should be using and how how they can crossover into some other creative marketing ideas. (more…)

How To Save Money On Your Business Advertising And Marketing

When it comes to advertising your business, you definitely need to have the funds to get your name out there. You can opt for a small loan, if you don’t have the money saved up. You can also work to save money on advertising, while still getting your business name and info out there, and to the most people. You may not think that you need to put that much effort, or money, into advertising, and think relying on word of mouth will be enough. However, it can really pay to invest in your advertising and get your business name out there as often, and in as many places, as possible. (more…)

How Nurturing Creativity Can Help Your Business Succeed

There are a lot of things you need in order to have a successful business. While many of these things can be learned in business school or with another type of formal education, there is one thing that is pivotal to a business’s success that can’t be taught—creativity.

Without creativity, businesses would never be able to improve upon their current way of functioning, create new and exciting products, streamline processes, and so many other things that contribute to having a productive and successful business. But if you’re still not convinced that you should begin nurturing a creative culture within your company, here are three more ways having a focus on creativity can help your business succeed. (more…)

4 Ways to Increase Your Startup’s Chances of Being Funded

Launching a business is usually not cheap, and for this reason the majority of successful entrepreneurs aim to have their startups funded by others rather than relying solely on their own personal funds. Indeed, raising capital is the name of the game when it comes to picking up momentum in the early stages. Unfortunately, if you have no clue how to approach investors, where to find them, or even how to devise a professional looking business plan, you’re probably doubtful that you’ll ever be able to raise enough money to launch a startup. Luckily, with the following four tips you can greatly increase your startup’s chances of being funded almost every time. (more…)

3 Ways To Assist An Employee With An Addiction Problem

With the amount of people who have one form of addiction or another, the odds are that you will have to deal with an employee with an addiction at some point in your business career. While this can have a negative impact on your business and operations, it could also be a chance for you to build up your company culture and seek to assist your employees to live healthier and more fulfilling lives by giving help and support to both the individual and their loved ones.

However, because addictions are often strongly tied to emotions and hard to break, it can be hard to know what you as an employer or manager can do to make a difference. To help with this task, here are three ways you can assist an employee with an addiction. (more…)