Saving, investing and making money with technology

Month: May 2018

Better Team Relationships Improve Productivity and Finances for Small Businesses

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.

How to Create More Positive Team Relationships

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.

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Make More Money With A Better Business Design

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.

Encourage communication

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.

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Considerations for Launching a Tech Startup

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.

– Internet of Things

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.

– Research

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.

– Capital

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.

Start-up Funding Crowdfunding Investment Venture Capital Entrepreneurship Internet Business Technology Concept.

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.

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Top Private Equity Firms in India a Private Equity Professional Must Aspire for

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.

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5 Ways Having Bad Credit Impacts Your Life

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.

Bad Credit Could Make it Difficult to Find Housing

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.

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inLinx: The New Social Networking Site That’s Starting a Buzz

The globalisation of technology has made social networking a vital part of lives for people across the world. Social networking sites enables people to connect with their friends, families, colleagues and share information. The rise in social networking users worldwide is estimated to reach 3.02 billion, up from current 2.62 billion users, according to Statista. However, concerns regarding online privacy, cultural insensitivity, customisation, and language barriers are crucial to social users. This has led in creation of inLinx, an innovative new social networking site focused on responding to these user concerns through its unique features. inLinx is becoming one of the most highly acceptable websites in the existing social market when compared to other social channels.

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#1. Improved Privacy and GDPR Compliance

inLinx takes privacy of its users with great seriousness and is at the heart of its conception. The website complies with the GDPR regulations that need the protection of EU citizen’s transactions. inLinx lets the users select what information their family members, friends or the world, in general, can see. It helps the user group family into four sub-categories, implying that the user can choose what information is for a particular group and which one is not. It ensures that none of the user’s activities with friends or family is accessible in the search engines, making it a secured social channel. Unlike Facebook, this social site is completely ad-free!

#2. Social Behaviors and Culture Conscious

One of the most crucial needs of global user is that a networking website should always consider the user’s social culture and behaviors. In some countries, different websites have been banned, as they do not accommodate culture sensitivity. inLinx however, is the only networking website that is acceptable in different cultures, as it is competent to offer customised features. If a country does not allow dating websites, this particular feature shall be blocked for that country, as an example.

#3. Exclusive Family Social Networking

inLinx understands the need to strengthen the family relationships. This social network could be used as an exclusive platform to connect with your faraway relatives, may it be uncles/aunties, parents-in-law, etc. It enables to create upto 4 family groups and control what each family sees and sharing and controlling important personal life information with a specific family, leading to stronger relationships. Parents can use inLinx to tell stories about their school days to their children, and this helps bring family members closer. The way it benefits to create virtual families, makes it a distinctive social network.

#4. Introducing the ‘Treat As’ function – A State-of-the-Art Approach in Social Networking

inLinx brings the most innovative feature – ‘Treat as’. This feature enables to treat the connection, either as a family member or a Linx/friend. If the user decides to treat someone as a family member, it means that he or she will only access information for the family group they belong. If the user decides the person to be a Linx, he or she will access both family posts as well as Linx posts. This is the first of its kind feature, giving user 100% control of its social media. The ‘Treat As’ video gives more information on how it works https://youtu.be/gYsMIG50aYo.

#5. Putting you in the Driving Seat and Easy on the Eye User Interface

inLinx understands that users are more satisfied if given the power to control their accounts. As a result, the website is designed to close and even hide any of the family group or friends group, giving users the sovereignty over the privacy of using this social network in public. With more people using social media, it has become imperative how users spend time. inLinx, understands the importance of work-life balance and hence makes it easy for today’s time-deprived professionals to manage their time effectively. The InLinx design is eye-catching and simple to understand.

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#6. A Multilingual Social Platform

Embracing the constant change for global access has made it essential for social networking to be flexible regarding languages and for this reason, inLinx became the first networking website that has been translated into over 50 languages by the day it was launched. The site is aiming to double this number in a year, and this will make it have over 100 languages available, giving users the much needed flexibility and customisation in the social space.

#7. More Than One Timeline

For a long time, social network users have been stuck to just one timeline, may it be Facebook, Twitter, LinkedIn, Instagram etc. inLinx allows the user to have up to 5 different timelines. Doing this empowers the user to place posts of what they want and where they like. The choice of creating more than one timeline depends on the user interests and personal choice.

#8. Storage for Beautiful Memories and Keeping all in One Handy Location

Everyone wants to store the good memories that he or she shares with friends during our day to day lives. Understanding this, inLinx allows users to store all kind of memories they create (videos, and photo albums) on a daily basis on their timelines. In later years, one can look back and remember about the past days, share with children and inform them even about their family tree by telling them about the special things that happened before they were born.

#9. Provides SEO Friendly Business Listing

The competitive business landscape makes it strenuous for businesses to make their digital presence, especially but having a page listed on Google is very challenging and costly. The unique SEO friendly algorithms that inLinx employs, facilitates small and medium-size entrepreneurs to advertise themselves online, free of charge.

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In conclusion, social networking websites are very important in today’s connected world. It is important that when inventing these social websites, organisation’s take account of customer experience for enhanced satisfaction and loyalty. inLinx has crafted its way by listening and comprehending the user needs, making it one of the most forward thinking social networking websites.

Check it out and register today!
https://inlinx.com

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