Business

5 Entrepreneur Tips to Deal with the Chocking Debt Trap
Business, Personal Finance

5 Entrepreneur Tips to Deal with the Chocking Debt Trap

The debt situation in the U.S is worrying if data from the authorities is anything to go by. Statistics from the Federal Reserve show consumer debt stands at $2.5 trillion or an average percentage of 7,800 per person. The U.S Small Business Administration (SBA) says much of the unsecured debt has been used in business operations. If you are running a business today, it is most likely that you have borrowed at one point or the other.  The problem comes when you are stuck in a debt rut forcing you to bankruptcy or total collapse of your treasured venture. With SBA reporting over 65% of enterprises are struggling with debt, how do you maintain a healthy debt sheet? Here are some ideas. Evaluate Your Budget This might sound like an obvious step but you will be surprised by the number ...
7 Tips For An Ergonomic Office
Business

7 Tips For An Ergonomic Office

With 2016 approaching, businesses everywhere should be considering how they can ensure that the working environment is productive and positive in the New Year. Creating a positive working environment is one of the best ways to keep your employees at their best when it comes to work and wellbeing. By ensuring that the work place is well designed and ergonomic, you can guarantee a happier and healthier workforce in 2016. What is ergonomics? Ergonomics refers to the applied science of equipment design and how it affects people when they use it. So, an ergonomic office would be a space where the equipment, furniture and so on is designed to benefit employees. For those working in a warehouse or on a shop floor, safety and ergonomics need to be considered by employers. Consider upgrading yo...
Five Forex Price Action Trading Tips to Guarantee You Success
Business

Five Forex Price Action Trading Tips to Guarantee You Success

Forex price action trading is often a rather broad term used to depict trading with the naked charts, devoid of any indicators. It encapsulates both candlestick patterns as well as chart patterns. While there are many articles written about forex price action trading and the subsequent trading strategies based off this approach, when applying the same to the real markets, it is often a different story. For one, the occurrence of a near textbook chart patterns are very rare and secondly there are a lot more variables to consider as well. A simple example that illustrates this point is to open any chart and look for candlestick patterns. Chances are that in most cases, price often ends up going in the opposite direction than intended. For traders who have been using forex price action and...
How to Expand Your Business Abroad
Business

How to Expand Your Business Abroad

The prominence of the internet in establishing modern businesses should not be underestimated. Technological progression has fundamentally altered the manner in which commerce is conducted, and one of the key changes that it has catalysed is the growth in foreign business expansion. Today, it is not only the biggest businesses that boast clients from all around the world. Even the most minor enterprise can have an overseas following, helping to dramatically expand the average customer base. For those enterprises that fall behind the trend, continued success can prove incredibly challenging. If you don’t intend to be left behind, and have continued prosperity firmly fixed in your sights, then here’s a basic guide to help you expand your business abroad… Step One: Connect with Overseas ...
Using Technology to Improve the Efficiency of Your Business
Business

Using Technology to Improve the Efficiency of Your Business

We live in a time dominated by gadgets and tech aimed at making our lives easier and more convenient. It’s more than likely you’ll have a smartphone or tablet that you use at home, or at least having some kind of device that provides you with this aforementioned convenience; so why not bring this into the workplace? From a business perspective it makes sense to make your company more efficient and productive and by simply investing in some new tech or systems you can easily achieve this. On top of all this, such streamlining could see your firm making more profits in the long run as you and your employees enjoy better systems and processes. Why not consider the following? Improved Computer Systems Working on slow computers is bad enough when you’re at home but at work it can be a nig...
What to Know Before Renting Out Your Property
Business, Real Estate

What to Know Before Renting Out Your Property

If you’re getting ready to rent out your property, there are essential steps you must take to ensure your assets are protected. Follow these guidelines to ensure the best rental process for you and for your future tenants. Understand the Responsibility If you’re looking to rent out your own property, you have to understand the responsibility that accompanies this venture. Should something break, it will be on your shoulders to have it fixed as quickly as possible. Becoming a landlord can be a fulltime job depending on the amount of properties and tenants you choose to rent to. If you’re not sure you can handle the responsibility or inconvenience of being at the beck and call of your tenants, managing your own property might not be your preferred way of renting. Hire a Professional ...
Why Your Business Needs to Start Using Payroll Software
Business

Why Your Business Needs to Start Using Payroll Software

Whether you’re in the market or not for new payroll software, it’s important to understand that today’s software comes with the latest technology and features that makes your business a better place to work for your employees and your financials more secure.  Here are a few features that make having payroll software a must-have solution: Employee self-service Employees constantly want to know how much they made on their paycheck, how much they’ve accrued for paid time off, how much vacation they’ve taken or how much they’ve contributed for federal taxes. Today’s payroll software does that for them. Payroll software like Xero gives employees that self-service portal that allows them to look at paycheck history, in addition to adjusting information for their taxes, like address or even allo...
Is Your Small Business Ready For Exporting?
Business

Is Your Small Business Ready For Exporting?

Exporting can open your business up to new opportunities in new markets. There are some obstacles that need to be overcome; not least paperwork and currency issues, as well as other financial matters including taxes and bank accounts, but careful research and effective marketing could lead to generous rewards for your efforts. You’ll also have to consider the logistics of how you will get your products to your customers, but the modern market is already a global one and courier services like TNT Direct offer international shipping as well as national. Very few people set up their own business because of a love for meticulous record keeping and a desire to complete paperwork, but it is an important part of running any organisation. Exporting requires very good organisational skills, and ...