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August 17, 2018

The Periphery Earnings That Can Help A Small Business Grow

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Small businesses are often in the act of establishing their working base, and generating enough profit to potentially grow or at least break even. This means that often, most things are on the table in order to secure an extra income provided they are through competent means. For this reason, you may consider branching out a little, and taking in more business through various means open to you as an organization.

The tips for doing so are laid out in the following headings: 


Renting Equipment 

If you desire, you can rent your equipment out to those who may need it when you aren’t. You may find that old or unused equipment should contribute to your business in some way instead of storing space, and sometimes this can help you build goodwill with other businesses, or perhaps introduce people to your main business functions. It might be that your business is in possession of a type of product that is only found via organizations in your industry, allowing you to serve as the hotspot for this. 

For example, if you run a nightclub and have recently undergone an upgrade, it could be that you rent your old in-house DJ CDJ mixers out to hobbyists for a nominal fee. This might help you generate long-term income, perhaps much more than simply selling it. This is a highly specific example but you can see how with a little creative thinking, assets you’re still in possession of could help serve you as a surrounding income offering. 

Freelance Work 

A little freelance work as your business can help you capitalize outside the scope of your usual enterprises. For example, if you’re a screen and print store but you have some artistic ability, it might be worth flaunting your skills online and designing graphics for companies, or perhaps even something as specific as a tattoo design. A little freelance contract here and there can help tide you over in the quiet periods, especially if your work is somewhat seasonal. 


Investing 

Investing, especially when using an algo trading platform, can be an excellent method of slowly building your portfolio and increasing your understanding of the trading world. With apps like this, the robo advisors use the best information available dedicated to finding the hottest tips and best predictions, you could truly learn something and use some of your working profit to diversify your investments. 

It can also pay to invest in assets that may not have immediate value to your firm in terms of operation, but simply grow in value. For example, new property developments in growing areas, or perhaps in purchasing a large volume of necessary stock ahead of time can help you enjoy some real benefit later on. For example, Facebook was known to invest in VR technology long before the actual specific silicon chips were on the market with full recognition for the scope of today’s technology. A little forethought can go a long way. 

With these periphery earnings, your small business could potentially become aided in its growth.
August 16, 2018

Don’t Let Car Repair Bills Drive You Into Debt

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Car repairs often aren’t cheap – if you’re tired of having to borrow money to pay for vehicle repairs, why not try some of these methods to help you spend less. 

Shop around for repairs 


Whilst some car repair centres offer loyalty rates, you should always shop around for quotes from other repair centres just in case. If you know the fault, many technicians will be able to give a quote over the phone. There are also sites that can allow you to compare repair centre costs in your area.

Buy your own parts 


If you need a part replaced, it’s possible you may be able to save money by sourcing this part yourself online. Car repair centres often aim to make a profit on any parts they order in. Try to use reputable parts sites and be careful of partially worn used parts – in the case of tires or brake pads you could only get a couple months out of them before having to replace them again. 

August 13, 2018

Can Your Business Be Better?

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When it comes to running a business for the first time there will always be things that we don’t know and that we can improve on throughout the years. If you have recently opened up your own business and got used to the way it works you might have also started to see things which you might be able to do better. Here are some of the questions you can ask yourself this year to determine whether or not your business can be better than it was before. 

How’s your online presence? 

Online presence is a crucial part of running a business and you must make sure that you keep a great presence online all year long. You will need to have a clean and clear website which is full of SEO friendly content, social media accounts which are updated every single day and a dedicated team of people who make sure that you are seen and heard online amongst the sea of businesses in your niche. 

Are your prices competitive? 

When we look at the most basic function of a business, it is to seek products or services to your customers. The question you might be avoiding asking yourself is whether or not the prices you offer are competitive in the market. We all wish we could charge the highest price for products and services to make more profit, but often this isn’t how a good business works. If you want to be successful and sell more products to your audience you need to offer a price they can’t refuse. Take a look at your biggest competitors and see if you are able to price match or go lower than them to pull people in. 

Are you in the best place? 

One of the things you might not consider at first when running your empire is location. If you have a store in the city, is it in the best possible place to bring as much footfall as it can? If not, you might want to consider moving to a new location which is higher in traffic. You can move with the help of a larger truck, a great portable bring rental, and your employees during the working week. If you can get set up in a new spot in a thriving area, you will notice a huge hike in success. 

Are your staff loyal and happy? 

The most important part of your business aside from what you are selling is your workforce. If you want to have a great business which thrives and grows exponentially through the years, you need to have a workforce who are happy to go the extra mile to make it happen. Keeping your workers happy and offering them great benefits will benefit your business, so make sure to always invest in your workers. If you do this, you will notice that they are more loyal, they will work harder and you will grow and expand as a business as a result of this.
August 09, 2018

Killing Time At Work In The Best Way

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While you should always focus on the task at hand, sometimes we may find ourselves in a circumstance of having little to do. When you work hard and perhaps your workload often comes in fits and starts, you may find yourself with plenty of free time. For example, working as a security guard on the night shift can often leave you alone for hours at a time, and patrolling a certain area and conducting inspections may only be something you need to partake in a couple of times an hour. Of course this is a super specific example, but the point remains. While many jobs require your full intellectual and mental capabilities, often we can be left with dead space that we may need to fill, quite allowed by our employers as long as our presence is still felt. 

But how should you kill this free time at work? Could you fill it in a productive manner? Absolutely. Consider the following: 

Read Challenging Articles 


Reading challenging articles can help enlighten you to the state of the world, consider another perspective, and introduce you to stories in industries or environments that you may not usually be concerned with. One moment you may be reading a challenging analysis on the difficulties of farmers in South Africa, the next about current workers rights in the Philippines. Time spent informing yourself about the lives of people around the world is often time not wasted, and trying to contend with high-level journalism like this can surely be a challenging affair - helping your literacy and reading skills develop over time. You never know, with such a varied intake of new information via a range of important publications, you may read something that sparks your curiosity, leading you to research more about a particular topic, perhaps having it become something to orbit your life around.

August 02, 2018

Alternative Ways To Study A Degree

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Higher education is now more accessible than ever before. There are all kinds of ways to study a degree that could offer added experience or simply allow more flexibility. Here are just a few examples of alternative ways to study for those that don’t want to take the traditional route. 

Study abroad 


Studying abroad can be a great opportunity to travel and gain an education. It’s popular for those learning another language to study abroad so that they can immerse themselves in the foreign culture. That said, there are many English-speaking degrees abroad such as these computer science courses in India that could be great for those wanting access to top quality education whilst getting the opportunity to experience life in another country. Some courses abroad can even be cheaper even with travel expenses added on top. 

Study online 


There are many online courses such as this public safety degree that could allow you to study from home. Such courses can be worked around other commitments as you can study them in your free time. Online courses can also save money if you don’t want the fees of living on campus. 

August 01, 2018

Are You Ready To Start A Business?

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Starting a business is going to be one of the biggest commitments in your lifetime. You have a company to run, a bit like a new baby in your house who you have to raise, and you’ve always got to do right by it to make sure your dreams thrive! But there’s so much to constantly keep track of, and there’s a good chance you’re not going to get a good night’s sleep again for at least a year or two into the process! 

But it’s not something impossible to master, and when you believe in your business, it’s always going to be worth it. And don’t worry, there's plenty of ways to make being the boss a lot easier on you; but let’s make sure you’ve got a confident foundation to work of. Here’s a few questions to ask yourself before you take the final leap in registering your business. 

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Your days are going to be filled to the brim with itineraries like these, make sure you’re able to keep up with the graft it takes (Image Source)

Do You Believe in Your Idea? 

If you’re the kind of person who believes starting your own company is the best way to make money, a.k.a your only way to bring in a 6 figure sum year by year, and you’ve not given it any other thought but that, you might not be ready to start a business. Only focusing on the money you could make, whilst an exciting prospect, is not the best foundation for a company of your own, and you’ll be lucky to last a year on the high street. 

Of course, sometimes being money savvy is a person’s hidden talent, but only because the idea they had for a business was something they were passionate about, and totally believed in! If you’ve got the idea for a product, and you know it’s something all your friends and family and other acquaintances could use in their daily life, you’ve got something that’s worth exploring. Without it, you’re just out for a cash grab, and plenty of investors will see you coming.

Are You Responsible Enough? 

Before you start looking into Your Company Formation, you need to ask yourself: am I someone who can sit at the helm of an operation each day and keep track of everything that’s going on within it? Of course, with more and more experience on the job you’re going to get better at picking up tabs and following lines of questioning, and you’ll be able to write out those invitation emails and customer complaint forms without even needing to think. But you need to know you can commit to that journey to make sure you get to that stage. 

And if you’re someone who has a history of flaking out, of being less than stellar at finishing the day’s work before your shift ended, you might not be ready for the responsibility. It’s all going to be up to you after all, and passion for your craft won’t be the only thing needed to make sure you’re returning a profit day in and day out. You need the polish on top of the fire, and that doesn’t come naturally. 

Can You Lead a Team?

Business is rarely conducted alone, even when you’ve only got a home business to work with. Employees make the corporate world go round, and they’re some of the most hardworking people you will ever come across in your life! So if you’ve got the idea for a business, and you know it’s one that’ll work and that you can keep up with it, make sure you know you’re confident enough to always do right by your team

You’re going to need to be confident, you’re going to need to be fair, and you’re going to need to put yourself last compared to their needs. Being in control is one thing, but being able to delegate out correctly, and play to people’s strengths, is something entirely different. Sure, you’re all working together in the office, but they’re chasing up communications and operations you don’t have time for, and thus you always need to spare them a moment to see how the work is going. Could you handle that, realistically? 

Being ready to start a business is an important step in forming a company. People don’t realise that how you feel about your chances is one of the biggest determinators in company success; you can’t risk if you don’t believe!
August 01, 2018

Some Advice For Those Who Want To Own A Classic Vehicle

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For car enthusiasts, the idea of owning a vintage vehicle is exhilarating. Whether it’s a car that you remember from your childhood or even one that predates your birth, there’s something enchanting about those classic manufacturers and their beautiful cars. Of course, if you want to own one for yourself then you need to know what that entails. You shouldn’t hastily purchase any vehicle, but it’s particularly important not to do so when it comes to older cars. Here’s some advice for any enthusiasts who want to own a classic vehicle. 

Get the best deal. 


The first step to owning a classic vehicle is actually finding the car you want and buying it, obviously. But you need to get a feel for the marketplace. A lot of sellers know that there are plenty of classic car enthusiasts out there who are willing to part ways with their money. You just need to avoid getting swept up in the excitement of buying a beautiful vintage vehicle because you could end up signing off on an unreasonable deal. 

You just need to do your research before committing to a specific buyer. With age, most cars depreciate in value. However, classic cars are usually more expensive because they’re old. You just need to play your cards close to your chest and learn how to haggle with potential sellers to get the best deal. After all, you’re going to need to save some of your money in order to fund the restoration process... 

Learn about restoration techniques. 


People who buy vintage cars (or any sort of vintage item) are trying to recapture some of the glory of a bygone era. Of course, vintage cars fade as the years go by, so you might have to put a little work into restoring your “new” car if you want it to actually look new again. If you own a black classic vehicle then you might want to check out companies such as Autodeets for plastic restorers. The bodywork of your car can be restored to its former glory with a little bit of work. You also need to keep the bodywork clean so that dirt doesn’t turn into rust. 

As for the interior of your car, you might need to put in some work to make it comfortable again. Obviously, there’s a certain beauty to the age of a classic car, but you might not be thinking that when you’re sitting in a worn-out driver’s seat. When it comes to restoring leather seats, for example, you might have to restitch them and use some dye to help them regain their colour. Cleaning the interior is essential too, of course. This initial restoration process is crucial to getting your classic vehicle in good shape. And, as we’ll discuss in this article, maintenance is crucial to keeping your vehicle in good shape. 

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