May 16, 2018
Major corporations may have the deep pockets to help their brands succeed, but small businesses have something up their sleeves as well – happier employees. Studies have proven that people who work for small companies are a lot happier than those who don’t. As an entrepreneur should know, having a team of talented, engaged, productive, and happy group of people, with a professional business plan working for you is invaluable. Not only does this lead to a progressive workforce, but it reduces turnovers, and increases profitability. Below, is a closer look at how small businesses are winning by cultivating positive team environments.
They Realize the Importance of Staff
Large businesses have the capital to invest in tons of software, technology, and the cost of turnover rates. Modern technology such as software, equipment, and devices easily replace the significance of hiring someone while a big budget makes it simple to replace staff that decides to leave. They also have so many more responsibilities to handle, that focusing their time and energy on the happiness and well-being of their staff isn’t always at the top of the list.
Small businesses, on the other hand, realize that every hire is special and a key component to progressing their brand forward. Relying more on the talent and collaborative skills of their team than expensive software, devices, or equipment, smaller companies have a true appreciation for what their staff does to help. Often having more time and reason to focus on the continued growth, happiness, and well-being of their staff, the invest a lot in creating an environment where everyone can work together amicably and productively.
When companies are able to create a positive team environment and keep their staff happy, they experience a wealth of benefits. This includes fewer turnovers, improved productivity, and increased profits. If you’re looking to capitalize on these benefits, the below-mentioned tips should lend you a helping hand.
Get Personal – Smaller organizations with fewer employees have the time that is required to get more personal with their staff. By learning who they are as individuals and what their needs are in the workplace, you can create a more positive environment for everyone to work in. It shows them that you care which encourages them to put their best foot forward.
Invest Where it Counts – Employees do their best work when they have the proper tools at their disposal and employers know the value of workplace productivity. If you want a more collaborative team environment that allows them to work seamlessly together, you’ll need to invest where it counts. This includes looking into collaborative software that makes working as a team easier. From cloud storage accounts and messaging or chat applications to note and document sharing platforms and other software, there are an array of tools that can be invested in to increase productivity and profits.
Create the Ideal Space – How your staff works together is extremely important and can essentially control the destiny of your brand. If you want to help your staff build a more positive relationship with one another, you need to create the space for it. Things like brainstorming rooms, open office layouts, and comfortable places for eating, communicating, or relaxing during downtime can help with this. When your staff feels encouraged to come together more often, they get to know one another making it easier for them to work together as a unit.
From the receptionists and secretaries all the way up to management, it’s the people that matter most to small businesses. It is understood that without their skill, passion, and creativity the ability to progress a company forward is nearly impossible. This is why small businesses work so diligently to cultivate a positive working environment that makes their staff happy, cultivates better team relationships, improves productivity, and saves money. Something that most larger organizations simply haven’t learned yet.
May 15, 2018
Business and technology have a symbiotic relationship. One always influences the other, and you’re better off understanding that your business has to be integrated with the right technology to succeed.
The most influential piece of technology you will need to indulge is the internet. Communication, marketing, and even sales can be greatly enhanced by integrating your company with the internet.
The best way to achieve internet integration is to design a successful business website. How you formulate your business website’s design can make the difference between success and failure of your organization. Here are a few hints at a winning design. Compare, and see how your build measures up.
A web design that encourages communication is one that actively urges web users to make contact with your organization. Creating a “Contact Us” page (like this stellar example) is only one part of the communication puzzle.
You should encourage communication in other ways throughout your website’s design. Your homepage and your blog are both excellent spots to drop a comment box or a phone number. You may also research how to properly use a “call to action” to boost communication.
Link your site to social media
Linking your website’s content to the vast network of social media is a great marketing effort for your business. You want people to easily be able to find information concerning your products or services, and social media will provide a free opportunity to spread the word.
Adding social media sharing buttons to your website’s design is the best way to build a bridge between your content and the rest of the social community online. There are plenty of articles on how to create and place social media sharing buttons on your website.
Make navigation natural to follow
When you design the final layout of your business website, you will need to incorporate some form of navigation. People need a way to browse through the content of your website, and it needs to feel natural.
The most traditional way to incorporate navigation into your design is to add a stationary navigation bar. Like this example page shows, stationary navigation is a common method for adding a way to move around your website.
Optimize for mobile viewing
Mobile access to the internet isn’t something your design should ignore. A great portion of the internet’s traffic is now generated from mobile devices, and your website should be set up to properly display on any size screen.
Incorporate the use of media queries, and your design will automatically adjust to the size of the screen accessing the content. There will no longer be a need for pinching and swiping to adequately view your pages.
May 14, 2018
Now the time to launch your tech startup. You have brainstormed and decided to move forward with your plans. Or maybe, you just have the idea and nothing else.
It could be that you appreciate that tech is a hot sector and having an iron in the fire is most important. Whether you have a product in mind or are just looking to get into the sector with the help of some unsecured small business loans, this article will help you consider what you will have to contend with as you begin your journey:
Current Hot Tech Topics
If you are someone with ideas or are unsure where to focus your efforts, the very first thing to do is research those areas of tech that are gaining traction now. What products are being developed and what opportunities may exist? Here are some of the hottest trending areas.
– Wearable Tech
This has been with us for decades but continued advancements and integration with smart home devices and augmented reality will result in even more options being made available to entrepreneurs.
– Augmented Reality
Yes, virtual reality (VR) is still a thing. Manufacturers of VR devices continue to improve on their offerings, but now augmented reality (AR) is ready to be used by government and business, and eventually household consumers. Opportunities exist to create applications that generate the overlays used with a real-world environment.
Smart home devices, traffic cameras, GPS sensors in automobiles, are examples of things that are connected to the Internet but not manipulated by humans. As all aspects of our lives are monitored and controlled by various machines and programs, this segment of technology will continue to grow – as will concerns over the security of IoT and similar tech. When used with other tech, such as AR, numerous possibilities emerge.
Planning for Your Tech Startup
As with any business, you need to clearly define what it is you want to accomplish and put all of this data into a professional business plan. Your business plan is your roadmap to success or failure. It affords you an opportunity to be honest with yourself and with potential investors.
What are you going to produce? Maybe you have a great idea for an improved smartwatch or maybe you want to create an AR application that can present images of someone else’s smartwatch market yourself as a virtual reseller. Examine your ideas and honestly decide if they may be profitable.
How much will this tech venture cost to get off-the-ground and remain afloat? Most high tech ventures are funded by those who specialize in building up tech companies. Seek out those people and make sure you know every word and calculation in your business plan.
Understand the Realities of Running a Tech Startup
Whether you receive venture capital for your tech startup or acquire funding from other sources, you have to face the reality of managing your startup. Even if it is just you, and no employees, you need to be able to manage time and resources. If you have staff, there are other considerations to take into account that place demands on your time and take you away from focusing on your desired goals.
Launching a tech startup is a trying, but potentially rewarding undertaking. It’s always worth following a dream and if yours is launching a tech startup, you should go for it. Just appreciate that it involves a considerable amount of work to accomplish, and keep running.
May 9, 2018
As the heading suggests, this post is about top private equity firms in India and the corresponding career in the private equity industry. Without any fuss, let’s get started.
Blackstone: This is one of the top private equity firms in India. The recent news has it that the Blackstone Group is venturing into private debt in the country. The group manages $90 billion as credit globally and will bring about the investments by its specially managed fund called Tactical Opportunities Group. At the entry level, a private equity professional at Blackstone can either be a PE Analyst or a PE Associate. The professional must have 2-4 years of experience in the private or public sector. The educational qualification is a graduate degree with a certificate in private equity. The private equity industry including the Blackstone group also welcomes CPA or MBA students. The responsibilities involve direct acquisitions, joint ventures, restructuring, and computer modelling.
Apax: This is another key player in the private equity industry. $1 billion is expected to be invested in the next 4 years in India by the group. The group entered the country in 2007 with investment in the health care industry. It has also invested in the technology sector. A certificate in private equity along with a graduate or post-graduate degree in the subjects of general engineering,
economics, policy analysis, and chemical engineering. The entry level jobs involve the positions of associate and analysts. The candidates are required to perform the responsibilities of taking care of multiple transactions, consultancy, and advising clients in the portfolio management.
TPG: The Texas Pacific Group entrance into the Indian economy was basically related to financial services. Recently, the group has invested $50 million in Dodla Dairy in India. In the past, the group has invested heavily in the health insurance wherein it invested $270 million in the Care Hospitals health-chain. A private equity professional aspiring for positions in this group must have 2-3 years of experience and a certificate in private equity is always welcome for the group. The educational qualification calls for an MBA or a degree in economics, mathematics or finance. The job responsibility involves modelling skills, research, monitoring portfolios to regularly update them, and operations to decrease wastage and increase efficiency.
The Carlyle Group: This is another powerhouse in the list of top private equity firms in India. It holds over $1 billion holding in PNB Housing Finance Ltd, a mortgage lender. It has become the group’s third largest holding. India is surely the top business destinations for the group. The private equity professional with a certificate in private equity and 2-3 years of experience can expect to grab a position of PE associate or analyst. The entry level job descriptions involve preparing internal analysis reports and assisting preliminary deal screening. The educational qualification requirement is a graduation and post-graduation degree. The private equity industry in India is growing with great investments from the group.
May 8, 2018
Do you have bad credit, but don’t see much reason to try and fix it right now? It’s not uncommon for those with a ton of debt or financial problems to give up or never start the process of improving their credit. The thought of spending the next few months or years living on a tight budget to pay off what seems like an impossible amount of debt is overwhelming, to say the least. Sure, improving your credit history is going to take some hard work and time, however, it can be accomplished. When you consider the consequences of doing nothing, you suddenly find yourself inspired to do the right thing.
Bad Credit Limits Your Borrowing Options
Let’s start with the most obvious consequence to having bad credit – your inability to get a loan. Loans can be very convenient for affording things you want and getting you out of a bind. There are plenty of loans you could consider, however, if you have a poor financial record, you can forget about getting approved by most lenders.
Side note: If you’re really in a jam and your credit isn’t getting you very far, there is the option to apply for alternative payday loans for bad credit. Although not as much cash as you could get with a traditional loan or the attractive low-interest rates you see advertised, it does provide relief. If approved you could receive as much as $1250 in your checking account the next business day.
Thought that your bad credit would only impact you if you were interested in buying a home? Although it would be challenging to get a mortgage with a negative financial history, that’s not the only form of housing that could become unattainable to you. As more landlords look for reliable tenants, credit checks are fairly common. A tenant who has a history of not handling their finances is a red flag and could get your rental application rejected.
You Can’t Get a Car with Bad Credit
If you have bad credit in a town where public transportation isn’t readily available, you’re going to be in a world of trouble. Getting approved for a car loan is an uphill battle with poor credit. Which means you’ll need to find a car you can pay for upfront with the cash you have available in the bank. Since most people don’t have thousands of dollars stashed away for a new ride, chances are you’ll be catching an Uber or Lyft around town until you’ve saved enough to buy your own.
Forget That Job if Your Credit Sucks
Why in the world would an employer need to know your credit score in order to determine if you’re a good fit for the job? While in some industries, like finance, if you’re unable to handle your personal finances, you probably shouldn’t be responsible for handling anyone else’s. Other employers review credit reports to get a good idea of the type of person you are. Are you responsible and trustworthy? A bad credit history may tell a different story.
Expect Life to Get Pretty Expensive
If not being able to get a loan, housing, buy a car, or land that dream job wasn’t enough of a blow to your life, then this next one’s a doozy. Those with bad credit will pay a lot more on average on things you need. When you have a negative financial history, you’re required to pay deposits for utility or television services. If you are approved for a loan, you’re going to pay a lot more in interest. Products like car insurance will automatically skyrocket. The list goes on.
You may have thought that having bad credit was no big deal. Perhaps, at the moment it isn’t. However, if you plan on doing any of the above-mentioned things in the next 7 to 10 years, you may want to do something about it. That means figure out ways to improve your credit and start adopting more positive financial habits that will set you up for a better future. If you’re seriously having trouble with debt, talking with a debt counselor or financial advisor can guide you down the right path.
April 30, 2018
Office is one of the places where you spend most of your times so you have to be particular. Particular in every aspect starting from the chambers to meeting rooms to the conference halls to the parking area. Light has a great effect on your mood swings and your feelings. The way the lights are set plays a pivotal role in getting that final look of your place, and especially when it’s your office you need to know the right places to put the commercial led light fittings. Lighting always plays an important aspect in any interior space as well as the exterior space too. This is the reason why the Light has a great effect on your mood swings and your feelings. This is why office lighting quality is so important because Office lighting can affect our productivity.
Business calls for strategy, and you have to be very strategically correct when you install the commercial lights. The way you light your office space can do a lot to attract customers and create a safe place for people to come and go during both daylight and evening hours. It should give people the feeling that your taste is something to be acknowledged that is going to impress your clients as well as your employees and co workers.
Let us look at the ways you can use the commercial lighting to improvise your office premises:
- Lighting in the parking lot is often done at the end but no remember that parking lot is the entrance to your office for marking an impression. One of the first places you should consider commercial exterior led lighting fixture is in your parking lot. You want it to be well-illuminated for safety reasons because in the night hours or evening hours that will be a major trouble if there’s no arrangement of lights for both the employees your clients.
- Be strategic about the placement of the lights at your office premises. And most importantly the parts that are generally forgotten are the stairs. Your commercial lighting plays a large role in making it easier for your patrons to go up and down safely. Wrong placement of lights can definitely give the wrong shadows at your office. Also if you are using dimmers in the hall room so then placing proper lights in the stairs becomes important for safety issues.
- If you want to make your office to look all the more vibrant and attractive so that your workers never feel out of house, then we have some hacks for you. There are various kinds of commercial lights which you can use in the lawn area of your office especially in the plants and shrubs. That would highlight the look but make sure it should not be too bright or loud that it ends up looking like some clubbing destination instead of your office.
- While you are lighting up your office be aware that the safety measures are well read. If you get the lights from commercial lighting companies they will either have a manual book or the employees will let you know about it.
April 30, 2018
The use of technology in the realm of business is obligatory for today’s organizations to succeed. You need technology to keep up with the rest of the world and especially to remain relevant to your specific industry.
We use technology every day for so many different tasks that the world would be in quite a pickle without it. In a society dependant upon tech tools, your business should invest time and focus into fine tuning it technological output.
Here is a quick overview of a few ways your business can use technology to boost success levels.
Use a business blog to reach the masses
Assuming you have a business website (every business today should have one), you need to make sure to nurture a commanding blog presence online. Your business blog is an outlet to all sorts of opportunity.
Your blog posts should also be relevant to the industry your organization operates within. Check out how this business website uses its blog to draw in more viewer engagement.
The most important thing to remember when it comes to forming your business blog is that it should have substance. Invest time and money (if you have to) to make sure that every post is informative and engaging.
Befriend social media in your web design
Social media is one of the most beneficial pieces of technology you should invest in linking to your business. If you can successfully link your website, or any of your online content, to social media, you have an instant chance at free marketing.
Litter your business website with social media share buttons for a better chance at the action. Your blog and homepage are both great spaces for dropping the handy little buttons into your design.
Technology facilitates communication
Communication is vital to the success and longevity of your business, no matter the industry or size. You need to be able to communicate with your professionals and with your target audience.
In addition to adding a contact page on your business website, you should invest resources in building an engaging presence on social media. Whatever communication endeavour your embark upon, make certain to follow through with your side.
Save money with remote workers
Advancements in technology have made it much more affordable for small business owners to hire more qualified professionals. Remote workers don’t need an office, because they work from the comfort of home.
If there is no need for an office, then your business isn’t paying out as much overhead to operate. Hiring people online gives you the chance to more thoroughly vet their accomplishments and competency before offering employment.
Technology makes it possible to go paperless
Technology has advanced to become such a major part of our lives that it has made going paperless possible. It is actually possible to run a business successfully without causing a huge impact on the environment through paper waste, and businesses are beginning to see the benefits.
April 22, 2018
In the current world, financial trading has become one of the daily sources of life for many people. As a result of this, millions in terms of financing has been directed to new discoveries on the same line. This has made it possible to trade in the same. Thus tech guys also ventured in this line and as a result there was a revolution in the financial technology. Many and different organizations have allocated some part of their resources to this business venture to discover new and better methods so as to furnace thousands from the same. As a result, some huge investors have taken to the business of helping start-up companies that have new ideas in the financial technology line or as it is best known as the FinTECH industry. There are a variety of investors and some are the Motive Partners who we are going to discuss in depth below.
Motive Partners is a group that contains various entrepreneurs and investors all from different fields and all have different expertise in the various environments to ensure that they help start-up businesses that have decided to venture in the financial technology sector. On top of this they also ensure that old businesses that are focused to improve the financial technology are also boosted and given some sort of backup. The company is made up of people who have different expertise including: operators, investors, industry leaders as well as technologists all that help guide the said company to ensure its success. The core mission for the investment firm is to build as well as backing of the various start-up financial technology organizations to ensure that the said firm has a stable and bright future.
The above investment firm will take the company that they plan to invest in hand in hand through all the hardships that they face. Since many people in the world are taking into ensuring that they manage their accounts as well as their property personally ensuring that financial institutions do not handle this, they educate the public about the various financial technologies that they have. This will ensure that the start-up company has a stable and steady customer platform. The start-ups suffer from different hardships and the main ones are that they do not have enough capital to ensure that their ideas transform to something tangible. The investment firm will ensure that in a case where the idea is a good one, your ideas will be helped so that they can manifest to something tangible. They will also help different start-ups to ensure that there is an innovation that is line with the financial sector.
Since time in memorial, there has been domination from the financial institutions in the financial services and as a result there may be some sort or reluctance from this institutions. The group Motive Partners will fight for financial stability as well as the rights of their customers to ensure that there is some competition to the financial institutions so that the services offered also improve. The economic situation is also affected by the ways in which the financial institutions carry out their businesses. This is caused by the fact that most institutions in the line currently do not get the share of the capital that they intended to have. As a result they will have to better their services or face death due to the fact that most people are taking matters to their own hands. The group Motive partners has also had a hand in this due to the fact that they have educated their customers on the business.
The group has changed the FinTECH market through the following ways investing, innovating and also operating. In the investing arena, the group has taken to the different areas to figure out the various methods that may result to the improvement of the financial technology. Through this, they have invested in the different firms and made the ideas from the firms develop to actual algorithms or more tangible material to trade in the financial market. Through innovation, they have seized opportunities that others deemed not possible to ensure that there is sanity in the financial trading sector. They have also made vast changes that are visible to people in the financial services department. Through operation, they have helped the organizations that they partner with in their managerial areas so that they have stable companies and as we all know happy workers give the best results in any working condition.
The group in itself also has a chain of command within itself. The group that manages the investment firm is broken into three parts that include: Managing Partners, the founding partners and finally the team that is in the administrative role. The managing partners include Rob Heyvaert, Stephen C Daffron, Mike D Hayford and one man that is known as Andy Stewart that was just promoted from the partner’s level.
The next level of managerial, comes the founding partners that include: Frank Martire III who is the general head of counsel in the firm. Next is Etienne Castiaux who is in charge of the technology and has a title as the chief technology officer in the firm. Luc Philippi is next on the list and he is in charge of the operations that occur within the firm. Jon Bradford was one of those founding father to the company from its early stages and has since held a part in this managerial office. Alastar Lukies is the final member within the founding partners.
The group that is held responsible for the organization of the firm consists of people who are the principals in the investment sector the people that fill this shoes include Sam Nayden, Neil Cochaine and finally Yuting Zeng. There are also two people who act as the principal chiefs of staff and the two include: Brad Yankiver and Sam Tidswell. Next there is a man that is responsible for the investments and acts as the vice President to the principals and his name is Jeff Yellin. Jessica Roy is next in the ranking order and she is the director in human capital sector. AK Patel is the guy that is head in the IT area. There is an associate that is added to the list and his name is Ashvin Sinnathamby.
Early this year, the firm took an investment in a company that is known as LMRKTS. The amount that they invested in the said company as of now has not yet been revealed to the public. The company is responsible for reducing counterparty risks in most banks. The company is based in New York.
The investing firm is located in the current day New York as well as in London.
April 20, 2018
You know being an entrepreneur doesn’t mean you have to go it alone. Most successful business owners will tell you they could not have accomplished their goals without help–from a mentor, colleague, even mom and dad. For many, their ability to evaluate, internalize and act on the counsel they received was instrumental in getting their companies off the ground. In an effort to tap some of this wisdom, we called on business gurus to tell us the very best piece of advice they’ve received. From hiring to philanthropy and more, their responses were as varied as the companies they run. The integration of self-service is called embedded bi with the tools commonly used in business applications. BI tools support an enhanced user experience with visualization, real-time analytics and interactive reporting.
And this was the mantra he adhered to when he decided to get his master’s degree at NYU’s Interactive Telecommunications Program instead of going for an MBA. It was also behind his launch of social networking companies Dodgeball (which he sold to Google in 2005) and Foursquare, and his decision this past May to launch Swarm, an app that will unbundle the check-ins and other social media functions from Foursquare. (Foursquare will focus on helping users discover restaurants and other venues.)
Finance What Your Business Needs, When You Need It
I believe there are far too few resources directly addressing the nonacademic trials and tribulations young entrepreneurs face along their journey. Whenever possible, I encourage up-and-comers and established entrepreneurs to mentor the next generation of dream-seekers; for it is this insight and insider education that will provide the foundation for the entrepreneurs of tomorrow. With that, here are 10 pieces of advice that I wish someone had given to me before I launched my first venture.
And also the path to success isn’t always straight. There are often bumps and turns and forks in the road. But a little bit of guidance can help you find your way.In fact, many of the most successful leaders are where they are today because they took advice from people they trusted. Here we’ve compiled some of the best tips that executives have shared throughout the years.
Helping Small Business Owners Launch + Grow
Traditional business advice isn’t always best served to small business owners. Don’t agree? Just ask any entrepreneur and you’ll likely find that what has worked for them doesn’t mimic the advice their large, big-box competitors may have followed. Keeping this in mind, consider the following tips aimed specifically at small businesses.
You know the best advice to a small business owner… is never stop thinking about how to delight your customer. Not to satisfy your customer, but to delight your customer. And when you wake up in the morning, start thinking about it. During the day, think about it. At night, think about it. And then dream about it.
During early days of starting a small business it can be very exciting… but also a bit daunting. When you’re a beginner trying to get your first entrepreneurial venture off the ground, it can help to have some expert perspective in your corner. Here are some tips and insights from members of the online small business community specifically geared toward beginners and new businesses.