How to Start Your Investment Portfolio Construction

Starting an investment portfolio can be an intimidating task. Whether you are planning to monitor and trade regularly or set up a one and done growth portfolio, the amount of time it can take to set up a solid plan for growth with your money can shake even the most stedfast of us.

Investment portfolio construction

Although it can be intimidating, setting up a stock portfolio is a great way to build your wealth over time, and can even be the reason you never “work” again. Getting there takes time, patience and market knowledge, but it all starts with the construction of your investment portfolio.…

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The Culinary Tastemaker – 10 Tips For Effective Hospitality Management

Whether you’re new to the business of hospitality management, or looking to improve and develop your rapport with staff and customers, there may be factors you’re overlooking or unsure of approaching. The following 10 tips are aimed at making your management (and your business) more effective – without leaving any passive-aggressive notes.

Hospitality management

1. Look The Part (Without the Cost)

While it’s obvious that your personal presentation matters, it’s even more important that your business is well attired and stocked with supplies. Clean, matching glasses, crisp linen and shining cutlery are all signs of a well-run establishment. There’s no excuse for looking like your serving ware has been through a war.…

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3 Steps to Choosing the Best Website Hosting Plan for Your Small Business

As a small business owner, you have to make many decisions when it comes to how to set up and run your business. You have to decide where you’ll be located, what you’ll sell, how much you’ll charge, and what type of customer you want to serve. Well, one of these decisions also involves choosing the best website hosting plan for your company’s online presence.

Web hosting servers

If you’re not sure what that would be, not to worry. There are three fairly simple steps you can take right now that can help make this decision-making process easier.

Step 1. Determine Your Website’s Hosting Needs

It’s pretty much impossible to pick the best website hosting plan for your small business if you have no idea what your hosting needs are.…

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Outsourcing Marketing Functions: 7 Things Chief Marketing Officers Should Consider

While outsourcing exists in every nook and cranny of various industries, it is the B2B marketing sector, which is rapidly expanding with its aid. However, for the chief marketing officers (CMOs), outsourcing functions need more thought that you could imagine.

Outsourcing

We’ve seen copious examples of this with the outsourcing commercials. And at present, it has expanded to digital content creation, analytics and so on and so forth.

Here are some of the factors we’ve pinpointed for CMOs to take into consideration while outsourcing marketing functions.

1. Remembering The Purpose Of Outsourcing

Why do companies outsource?

According to a Deloitte’s Global Outsourcing Survey 2016, companies outsource owing to the following reasons:

  • Use it as a cost-cutting tool – 59%
  • To enable focus on their core business – 57%
  • To solve capacity issues – 47%
  • To enhance the service quality – 31%
  • Critical to business needs – 28%

Sometimes, CMOs tend to forget why they are outsourcing in the first place, which should not be the case.…

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3 Ways To Get More For Your Money When You Start A Business

It’s one thing to run a business and it’s another to grow your business. The difference between the two is the use of the Pareto Principle, better known as the 80-20 rule. According to this principle, 80 percent of your results will come from only 20 percent of your efforts.

Business operations

Since the aim of every business is to increase profits, a person who runs a business focuses on marketing and sales. Meanwhile, someone who grows a business will also focus on marketing and sales—but they will also apply the Pareto Principle to overheads. He or she will try to isolate the 20 percent of B2B services that increase 80 percent of the business’ performance.…

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The Power of Anticipation

As a professional you experience a multitude of problems on daily basis.  If you don’t know how to handle all the pressure, then you’ll break. So, what should a professional do? Read on.

Thinking businesswoman

“Just try and be present” is something people with anxiety and stress hear an awful lot. It’s not bad advice, but it’s also a little vague. No one really says what “being present” means. If it means moving forward with your life even in the face of adversity, then that’s a good thing to tell people.

We all want to be able to close our eyes and just experience life as it is in that particular instant, but it’s so much easier said than done.…

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Business Taxes That Small E-Commerce Businesses Should Be Aware Of

Managing taxes for your business is, well, taxing. It involves a lot of paperwork and several receipts, all of which you need to properly sort out and file. Even if you’re running a small business, taxes are still part of your responsibility, and this same goes for small e-commerce businesses.

Calculating taxes

Are Online Businesses Required To Pay Taxes?

One common misconception is that selling online does not involve paying taxes. Some e-commerce store owners may not know this, but paying taxes may be required in the area where your business market is operating.

In some places, taxation includes Internet marketplaces – that is, e-commerce websites like Amazon and eBay whose products are sold by individuals and not by the websites themselves.…

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4 Ways to Optimize Your Business Landing Pages

Business landing pages need to pop. Consumers and clients are very picky, and who can blame them when there are so many options at their disposal? Statistics show that 81% of shoppers do research online before making a purchase, 22% of businesses are happy with their conversion rates, and 72% of consumers who did a local search visited a store that was within 5 miles of their location.

These are impressive statistics, and one that really sticks out is that 78% of businesses aren’t happy with conversion rates.

Landing page optimization

It’s time to break away from this trend and make small changes to your landing page that can have a major impact on your sales.…

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4 Skills to Master for Improving Business Processes

Business owners often look for ways their companies can improve. After all, nothing is ever perfect and the more your company evolves, the more likely it is you’ll succeed long-term. Fortunately, improving your business doesn’t mean you have to make drastic changes. There are small skills everyone in your company can learn to help improve your business processes. You can inculcate these skills by offering green belt training and start focusing on these often-overlooked business skills.

Developing business skills

1. Problem-Solving Skills

Problem-solving skills are essential to every business, but it’s not something that comes naturally to everyone. Consider offering a Six Sigma certification program to your employees to help them improve their problem-solving skills.…

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The Rise of Do-It-Yourself Home Business Security

Running a home business? If so, then home security is even more important for you. Not only protecting your personal well-being, but you also need to protect your business’ continuity.  Indeed, it’s essential for peace of mind. It doesn’t matter if you live in a normally safe neighborhood. Unwanted, nefarious intrusions can happen anywhere, at any time.

Business premise security padlock

For a long time, folks have been relying on security companies to guarantee their protection. However, many people are now finding it better to find their own ways of securing their home business. Here are some ways you can perform DIY home security.

Secure the Exterior of Your House

The outside of your house is what a criminal is going to use to determine whether it’s worth breaking into.…

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