Category: Business Page 2 of 7

The Gold Price

On April 2, 2021

As one of the world’s most popular precious metals on the worldwide trading markets, the gold price is of great importance to a great many people, banks, and governments. The popularity of gold as a trading commodity is largely because it’s considered to be one of the most valuable and safest investment options out there.

The Gold Standard

As a metal, gold is designated by the symbol AU on the periodic table. On the markets the code XAU is used, making gold an easy commodity to identify.

Throughout history, gold has been used as a currency by most countries. It’s not surprising therefore that some sort of gold standard had to be implemented. The gold standard has been set to provide a benchmark for the trading price of gold all over the world.

Since the beginning of the 20^th century, the gold price has been determined by the London Gold Fixing – a telephonic conference meeting that takes place twice a day between the representatives from the major gold bullion trading companies all belonging to the London Bullion Market Association (LBMA), which is governed by the Bank of England.

What Influences the Gold Price?

One of the major influencing factors in determining the daily gold price is the element of supply and demand, as well as speculative demand.

Most gold exists in some type of physical form, such as gold bullion and jewellery, and because of this it can re-enter the gold market easily through buying and recycling. Because there is more gold in this kind of accessible form than that still waiting to be mined, the gold price is subject to changes in perception in worldwide demand rather than being dependent on the production of raw gold.

Another powerful influence on the price of gold is the need for a stable investment commodity to guard against economic volatility. Stockpiling gold bullion allows governments and banks of the world to protect themselves against weak currencies, inflation, or deflation. For this reason, many countries and banks choose to hoard gold bullion in reserves as a hedge against economic downturns and for national emergencies.

Gold as an Investment

The gold price may decide the value of gold, but as an investment it is available in many forms. The most popular investment vehicle is gold bullion bars. These can be easily bought and sold through gold bullion dealers as well as through most major banks.

Other popular investment types are gold bullion coins and gold rounds. The most popular gold bullion coin is undoubtedly the Krugerrand, and it is owned by more people all over the world than any other type of gold bullion coin. Gold rounds, on the other hand, have no currency value but are judged solely on their weight and purity.

For those investors who don’t want to carry the risk of handling physical gold bullion products, there are a number of gold certificates and gold accounts available where the gold is stored safely while the investor holds the value of the gold price.

The Power of Images in Digital Marketing: How to Make Consumers Pay Attention to Your Ads

By Kyzer Smith

On March 31, 2021

In Business

Almost everything nowadays happens online. People use messaging apps to connect to their loved ones. Kids own tablets that they use to watch video content on YouTube or Netflix. Customers tap on the screen of their smartphones to make purchases. Students can enroll in classes from some of the best universities in the world and about any subject under the sun through Massive Open Online Courses (MOOCs). Patients can seek professional medical advice from their doctor through video calls.

With so much content and possibilities available online, matka trying to capture the attention of consumers is a challenge. And, because of the accessibility and affordability of the internet, numerous brands fight to be noticed. They adopt different strategies and techniques that will set them apart from competitors and, hopefully, gain new clients.

However, what schemes work the best in digital marketing? According to statistics, anything that includes photos.

The Importance of Photos in Digital Marketing

There are very good reasons why you should invest in graphic design for all of your marketing campaigns. Some entrepreneurs make the mistake of cutting corners by hiring outsiders who may not have the right skillset to create compelling images for advertisements. However, business owners should never compromise on the art that goes into marketing materials. They should use a larger portion of their resources toward hiring individuals or groups that have a proven track record to help the visuals of their campaign online.

Here is the proof. Facebook conducted its own study about the topic and found that ads that are photo only outperformed other formats. Over a period of eight days, the social media platform helped an advertiser try three sequencing strategies that include a series of two static ads. The results revealed that photo-only link ad sequence is 75% more likely than control to drive unique traffic into the advertiser’s website. Combining static ads with video ads, meanwhile, increased conversion from visits to sales.

This does not really come as a surprise. People are attracted to images, especially if it evokes emotions. This has been leveraged by marketers since the dawn of time by using images to advertise on newspapers, television commercials, and billboards.

Nearly half of marketers stated in one survey that they consider visual marketing as very important. Another 19% went as far as saying that their strategy is nothing without visual content.

Humans are visual learners. When a person hears a piece of information, they will only retain 10% of it three days later. However, when they see an image, there is a 65% chance that they will remember it three days later.

One study found that, when people follow directions that have both text and illustrations, they perform with excellence. Their output is around 323% better compared to those who emulate instructions from text without illustrations.

When it comes to digital marketing, images are clearly better.

Images Build Credibility and Trust

The images that a brand uses to advertise a product or service may be enough to convince a potential client to push through with a purchase.

Bad photos are unreliable. If the customer does not see the details of the goods, there is no assurance that they will receive exactly what they expect. Brands that use high-quality images are seen as more honest.

Images Tell a Story

There is truth in the old adage that a picture is worth a thousand words. You can use images to tell a compelling story about your brand, your products and services, and your mission to make life better for your consumers.

With a great image, you do not need words. Potential consumers would stop on their tracks to look closer whether they are walking down the streets or scrolling through their social media feed.

Through images, you can communicate a complex idea or emotion as quickly and as effectively as possible. For example, if your target market is young women who want to gain confidence about their appearance, showing them ads featuring confident young women would immediately tell them that you sell products and services that cater to their needs.

Images Can Help Develop Branding

The images you use also express a specific style that a brand is going for. For example, if the brand’s aesthetic is feminine and flirty, images are more likely to capture and communicate that to the audience more than texts. Once consumers see enough images, they will eventually associate the style with the brand.

Imagery is one, if not the, most important strategies that you can use in digital advertising. It is effective and people pay attention to it.

3 Tricks For a Hockey Shooting Pad

By Kyzer Smith

On March 30, 2021

In Business

One of the best hockey training aids out there available on the market today is the hockey shooting pad. Shooting pads are compact, portable, and can be used just about anywhere that is safe to shoot pucks. With the help of your hockey stick and a hockey shooting tarp, you can get the most out of your pad and allow it to strengthen your game in a plethora of ways. Here are a few tricks that you can store up your sleeve in order to get the most out of your shooting pad.

Have Lots of Pucks

The best way to sharpen your sniper skills and shoot points with every shot is to keep on practicing the same move over and over again until you get it perfect. If you have to go and get your puck back after every shot, it makes it really hard to get a good flow going, so make sure before you start that you have a good-sized pile of pucks to shoot from so you don’t have to keep chasing your puck every time you shoot it.

First Trick: Snipe Shot Practice

As we mentioned above, repetition is the best way to perfect your skills. In this exercise, you are going to focus your aim on one of the targets on your shooting tarp that is up high, next to the head of the goalie on your tarp. Get your shooting tarp out and ready to go, then have your pucks within reach so you can easily pull them to you so you can rapid-fire your shots. Pick one of the higher targets, either the left or right and stick what that target the whole time. Next, one after the other shoot your pucks for that target and try to hit it every time. You might make all of them, you might not. The main thing is to keep your focus on one of them and aim for it again and again.

Second Trick: Forehand Backhand Combo

Your shooting pad should be big enough so that you can move the puck back and forth with your stick. For this exercise, keep your pile of pucks close, but off of the pad. You will need to be able to maneuver your puck back and forth. Once you are all set up and ready to go, get your body in the forehand position and push the puck forward lengthwise on your pad. Allow it to venture out far enough to where you have to stretch to pull it back in. Pull the puck back with your stick far enough to where4 you can switch your stance from forehand to backhand. As soon as you get into the backhand position, make a backhand shot into the target hole of your choice.

Third Trick: Over the Chair

For this trick, you will need your pile of pucks, your stick, of course, but also a chair. It can be a chair from the kitchen table or a foldup chair from the back end of your garage. It doesn’t matter, as long as you can pick it up and put it where it will be an obstacle for you.

Place the chair in front of you between your shooting pad and your shooting tarp. The method that you use to lift your puck with the blade and shoot it over the chair into one of the targets on the tarp is up to you. The main point is that you repeatedly take that shot with the chair in your way. Slap that puck up and over the chair and try to make as many shots as possible. Repeating this kind of shot over and over again will build your shooting skills over the top.

Conclusion

Always make sure that when you are shooting your pucks that nobody is in the way. Be safe and courteous of those around you that could get injured. Stay focused and continue to practice as often as you can. The shooting pad is one of the greatest ways to get out and practice just about anywhere you want.

***Sniper’s Edge Hockey loves Canada! We proudly ship all of our products to Canada and offer the same return policies as we do for everybody else. We realize the exchange rates for the Canadian dollar are not the best right now, so we’re trying to help by giving you free shipping and no customs/duty.***

Things to Consider Before Accepting a Job Relocation

By Kyzer Smith

On March 20, 2021

In Business

Imagine you have been working for a company for a few years. One day, your immediate boss surprises you with unexpected news. He wants you to relocate to a different city as head of your enterprise’s local branches.

At first, this information might seem like music to your ears. You have been waiting for a promotion for quite a while, and this appears to be it. Besides more responsibility, you will be getting a higher salary, and your family can join you. Best of all, your firm will handle all expenses, including courier service fees and half of your children’s educational costs.

This is an example of a prevalent scenario a lot of employees experience. While your first instinct is probably to say yes and jump at the opportunity, there are a few aspects to consider before making a final decision. Let us look at some of them.

Living Costs

In the Swiss city of Geneva, the minimum salary per hour is 25 dollars. If you work eight hours a day, five days a week, this accounts for a total monthly income of more than four thousand dollars. Aside from its beautiful mountains, crystal clean rivers, and delicious chocolate, Switzerland is also one of the world’s biggest tax havens. A married couple will pay on average less than 10% of their combined salary on income taxes. This is much lower than most other developed European nations like Germany, France, and the United Kingdom.

Sounds pretty neat, doesn’t it? Imagine what you could do with four thousand dollars in cash. No wonder Swiss people can afford to buy Rolex and Omega luxury watches and travel worldwide twice a year.

But it is not all rainbows and roses. Switzerland is arguably the most expensive country in the world. A simple hamburger at McDonald’s, no fries or drink, will set you back almost 10 dollars. A gallon of gas for your car is five dollars, more than in places like Japan, the United States, Canada, and Australia.

So before you move, make sure you do your due diligence on the living costs of where you are going. The last thing you want is to realize too late that your current high salary is barely enough for you to make ends meet.

Differences in Culture

Whoever said culture shock is a figment of your imagination has most likely never stayed in a foreign country for longer than three months. As many expatriates will attest to, a period of three to four months is the honeymoon phase. Everything is new and exciting, and the notion of going back will never cross your mind.

Yet, the longer you stay, the more you realize that no city or country in the world is perfect. You will start noticing more and more things that you don’t like, and soon homesickness will begin to kick in.

Of course, being flexible and adapting to all life circumstances is imperative if you want to succeed. But this doesn’t mean you will get used to every single place that you visit. Some locales don’t match your personality, values, or the way you see life. No matter what you do, chances are you will never fit in.

If your boss wants you to go to a place you know nothing about or have never even heard of, take the time to study its culture. Make sure you can find at least one or two things you can relate to. It will help you avoid future headaches.

Long-term Potential

Most job relocations are temporary, lasting between six months and two years. Still, this is not a period you want to waste. Career growth is an integral part of every worker’s life, and making a wrong turn here or there can put you on a path you don’t want to be in.

If the type you will be doing will not help you grow as an individual, it is better to stay where you are. If you aren’t learning any valuable skills that will enhance your profession and level of expertise, you have the right to say no.

On the other hand, you should be open-minded and look at things in perspective. New things are neither always good nor always bad. If you don’t like the new job, but your coworkers are excellent, it will be a wonderful opportunity to build relationships. If you hate both, but the place is enchanting, you can immerse yourself in the culture, embrace the people, and learn a new language.

The key is to look at both sides with a blend of optimism and caution.

Going to a different place for an extended period is a great opportunity. Still, make sure you look at local living costs, study the culture, and analyze its long-term potential. It will not only give you confidence in your decision but also improve your chances of success.

Shangri La Online Casino Is Ready To Offer New Shangri La 100 Lucky Fruits Brand Slot

By Douglas Walters

On March 19, 2021

In Business

A unique slot has appeared on the Shangri La Online Casino & Sports internet platform. Shangri La 100 Lucky Fruits online slot was developed by Spinomenal specifically for this web casino.

Shangri La 100 Lucky Fruits is a classic slot with a fresh take on the familiar fruit slots retro style. One of the most attractive things about this game is its striking design. Juicy glossy fruits literally ignite when a winning combination comes out. At the same time, each spin runs smoothly and is filled with opportunities for winning.

Shangri La 100 Lucky Fruits is a simple slot with powerful potential. With the maximum bet per spin, the game can bring up to 2,000,000 credits, which is very impressive.

If you like playing online slots with a classic atmosphere, simple gameplay and great winning opportunities, then this slot is for you. Please note that since this is a branded game, it is only available on the Shangri La online casino website.

General site information

For those unfamiliar with the Shangri La Online Casino & Sports online platform, it will be interesting to know that it was created in 2016 and has become one of the best in the field. The portal has many strengths that have made it one of the leading brands in the online gambling industry over the past years.

Over the years, the games collection has grown as more developers have been added to the list. As a result, a huge variety of slots, table games, video poker, games with live dealers and other gambling entertainment appeared, as well as its own online sportsbook. Today, more than 2,000 diverse games and many sports betting opportunities await you here.

At the same time, the resource offers modern software from 30+ world providers, which is compatible with all popular web browsers, which allows you to instantly play with bright and advanced graphics.

The interface of the online portal is intuitive and convenient for both beginners and experienced players. Finding the game you are interested in is very easy. To do this, you can use the convenient search and filter functions.

In addition, you can easily access the portal from your smartphone or tablet running iOS, Android and Windows without downloading applications.

Free game

The best way to see the games in action is to play them for free, and it’s very easy to do on Shangri La. All you have to do is select the demo mode on the game image. And you can enjoy the full-fledged gameplay as much as you like without risking your money.

Financial questions

Moving on to payment methods, it’s worth noting that there are many options to fund your account. More than a dozen banking methods are provided to customers, and of course they include all the popular ones such as Skrill, Neteller, Qiwi, Visa, MasterCard, and bank transfers. At the same time, there is no commission from the casino. All deposits are processed instantly, and withdrawal of money takes from several hours.

Security

Shangri La’s online platform is known as a fair and secure gaming space where users can safely deposit, store and withdraw their money. The site is licensed under the Curacao International Online Gaming License, which confirms this resource’s excellent reputation for fairness and safety. The portal is also protected by SSL encryption protocol. At the same time, a completely secure connection is guaranteed on any compatible device.

Casino games

In terms of the games selection, the site offers a very extensive catalog including over 1,000 online slots. This includes classic fruit games and ultra-modern video slots with unique features.

In addition to the many slot games, the portal also has table games, progressive jackpots and even live dealer games. Within each of these categories, you will find many game options. Among other things, there is a good set of scratch cards here.

Among dozens of progressive jackpot games, the popular Mega Moolah stands out for its generosity and record payout of € 19 million.

The Live Casino section contains all the classic table games as poker, blackjack, roulette and baccarat in various variations. By choosing this category, you will no doubt have a vivid and unforgettable experience in the atmosphere of a real casino.

Sports betting

In sports betting section, the Shangri La casino web platform offers its own bookmaker with bets on both real and virtual sports, as well as e-sports.

In total, the Shangri La sportsbook covers over 100 sports: from football, boxing, hockey and basketball to virtual tennis, virtual horse racing and various eSports disciplines such as DOTA 2, Call of Duty and CS: GO.

Here, every month you have the opportunity to place bets on 25,000+ events. In this case, you can choose from 250+ betting options.

Conclusion

All gambling fans will have a lot of fun and many benefits from the moment they join the Shangri La Online Casino & Sports online space. Access to generous promotions, secure banking and quality customer support round out the myriad of gaming and sports betting options.

4 Tools to Assist You with Your Financial Expenses

By Kyzer Smith

On March 18, 2021

In Business

You will take on many responsibilities as you grow old. Some of them involve taking on household chores, maintenance tasks, and family responsibilities. You will then come across duties that you will have to focus on full-time. One of them involves financial obligations. If you are not responsible for handling your money, you might end up suffering from lots of debt and low quality of life.

However, it can be challenging to improve financial responsibility if there are many expenses you have to accomplish with no reliable guide. Fortunately, you will find a few tools that could help you achieve your goals. Once you incorporate these in your financial management tactics, you will reach stability in no time.

Strict Budget

Adults will accumulate lots of expenses as they take on more responsibilities for themselves. The changes might start during their academic years, where they have to find work to pay off student loans. More expenses will soon pile up, like mortgage bills, utility bills, groceries, and other essentials. Getting thrown into adult life without preparation can lead to a miserable situation, but it could be most people’s reality.

If you want to give yourself a chance at a comfortable life, you will have to learn how to stay disciplined with your spending habits. A strict budget can prevent you from overspending on things you can live without while ensuring that you have enough to pay off your essentials. Your income will be an essential factor in your budgeting plans.

If you have an understanding of how much you will earn, you can distribute your funds equally. It might take a few years before you can stabilize your budget, but you will prevent missed payments and dues from becoming a monthly occurrence. If you want to stabilize your financial responsibility fast, discipline will be an essential part of the tool.

Loans

Despite your efforts to maintain a strict budget, you might find that some of your expenses are too challenging to accomplish. Your income might not be enough to purchase the things you need. You will come across big purchases like a home, a car, or a business. If your savings account does not have enough to help you accomplish them, you might be better off delaying the expense. However, life circumstances could force you to purchase them.

If you have no other choice, you can get a loan according to what you need. You will be able to find the best mortgage lenders to finance your home. You can get a small business loan from the bank to fund your goals. The financial tool will help you afford things you need, but you have to ensure that you are responsible for them. You will be making your purchase more flexible, but you have to commit to the agreement.

Failing to meet the demands of loan payment could lead to high-interest rates, which could put you in further debt. Your valuables might also be collateral, which means your investment might end up becoming nothing.

Financial Tracking App

Every cent of your income counts when creating a budget that allows you to attain financial stability. You will be distributing them to your rent, utilities, savings, food, and other essential categories you have to spend on in your life. However, you might find that you do not have enough for some of your necessary expenses, which means you have to make sacrifices.

Before you do that, you will have to figure out where each of your dollars is going. Fortunately, you can utilize financial tracking apps for your budget. The program allows you to identify the areas where you are overspending. You will be able to create plans or adjustments to provide balance for your finances. It might take lots of tweaks, but you will find that your budget will become better.

Emergency Fund

Despite your efforts to maintain financial stability, you might encounter unexpected expenses that will derail your budgeting. Injuries, theft, and long-term illnesses could all cause a lot of money. Your budget might suffer from setbacks for months because you are playing with an airtight account. Anticipation will be your only way out for this, which is why it is critical to set up an emergency fund. If you encounter an unexpected expense, you will have the money to fund it. Do not use your savings for anything other than an emergency, which is why these rules are also important.

Financial responsibility can be challenging to achieve if you do not have the awareness and discipline to handle it. Fortunately, these tools can save you from debt.

Groundbreaking Innovations Over the Last Decade

By Kyzer Smith

On March 17, 2021

In Business

Simply looking around in your current surroundings will show you how much technology has influenced our way of living. With our continuous learning and groundbreaking discoveries, we can now utilize the current state of our technology to further improve our quality of living.

As we continue to develop our technology, we’re able to develop some of the best inventions that don’t just upgrade our lifestyle but also keep our environment safe and clean. If you haven’t heard of these innovations before, this article will give you a brief insight into how far we’ve reached into the future.

The Decade’s Best Inventions

As the years pass, the world as we know it will keep on changing for the better, thanks to all the technological advancements we keep coming up with. If you haven’t them before, we’ve listed some of the best inventions that have shaped the decade.

Electric Vehicles

Our cars used to run on gasoline or petrol, and that can cause lots of damage to our environment because of carbon emissions. Fortunately for all of us, the last decade has seen the birth of vehicles that don’t need this type of fuel. Thanks to the most popular electric car companies, vehicles that run on electricity are now widely available for commercial use. The market for electric vehicles has steadily risen at about 60% annually since 2014. In addition to this, there are now plenty of recharging stations being constructed in the United States to accommodate this wide market.

Solar Panels

Have you checked how much your electricity bill has risen over the past months? Nowadays, we are starting to learn how to live a more sustainable life, and that includes replacing non-renewable energy sources with renewable ones. One important innovation we’ve seen supporting this is solar panels. These panels are equipped with an energy-converting mechanism that turns the sun’s rays into electricity. Batteries are also installed with solar panels to store the energy for later use. Looking for solar panel installation services and having this innovation installed in your roof can significantly reduce your power consumption.

LED Light

A few decades back, we only use incandescent bulbs to light our houses. However, we soon realized that this type of bulb uses 10% of the energy it gathers into a light source, and the remaining 90% is converted to heat. This inefficiency in power consumption brought forth the necessity to invent a different type of light source. Soon after, LED light bulbs became widely available in the commercial market. This type of light source uses five times less energy and can last up to 25 times longer than incandescent bulbs.

Wind Turbines

The sun is one of the world’s most efficient sources of renewable energy. However, that’s not the only form of energy efficiency method we currently have. Through the use of big turbines, wind power can now be converted into energy. This invention has been around since the 1980s, and today’s wind turbines can generate up to 330 gigawatts of energy and are expected to increase by 35% in 2050. Wind turbines function almost the same way as solar panels, but instead of the sun’s rays, the wind causes the huge blades to spin, which is then converted into energy.

Breathing Buildings

As we move towards the future, we do not forget that innovations should not just be about a better life but also a better world. That’s why buildings are now capable of mimicking trees’ ability to breathe. By using large panels of algae and installing them in the exterior windows, buildings can now take in carbon dioxide. The algae will then use the harvested carbon dioxide and releases it back to the streets as oxygen. With this innovation, even huge cities with skyscraper buildings can contribute to our pursuit of a greener life.

Container Houses

One of the biggest problems that our world faces today is the rapid decline of greenery as our lands are turned into buildings and houses. One solution that we have found to slow this down is through micro-living. People can now reside in smaller spaces by turning shipping containers into small apartments, also known as micro-homes. Luckily, this decade also saw the rise of minimalism as a form of living, which means people are now finding it more efficient to live with lesser material possessions and leave out just the necessary equipment.

Our modes of living in the past decade have negatively affected our resources, and without sustainable solutions, we will quickly spiral into poor quality of living. Now is the time to reverse this, and with all the recent advancements in the technological industry, we can finally see some light on the horizon.

Back to Basics: Marketing Tips for Small Businesses

By Kyzer Smith

On February 16, 2021

In Business

The transition of a business from workplace functioning to remote working made businesses ready for a change in their marketing plan. Marketing plans change with time, but this time the world changed completely.

Many businesses were unaware of what they are going to face when the year 2020 started. The coronavirus outbreak forced the reluctant company leaders to adapt to the work from home culture. And now that we have entered the New Year, things are still the same for many businesses.

Many people were expecting a revival of the regular working mode due to the availability of vaccines, but there is little chance of returning to workplaces any time soon. So the instead of expecting the unexpected, it is time for businesses to work through their marketing plans so that they can achieve success in the coming months.

Staying digitally relevant, keeping marketing plans under budget, and keeping short-term and long-term goals into consideration are some of the things that are required to create a good business marketing plan.

Here is more to learn:

Business Strategy and Branding

It should not come as a surprise to you that online marketing strategies will spur growth in 2021. The last year has not been kind to businesses but it has managed to bring change into the working mode of many.

For instance, many small businesses in the country did not have a social media presence. However, due to pandemic restrictions businesses were forced to accept the online world.

This change opened a treasure of new opportunities for small businesses to have a new online presence. Opportunities such as developing better interaction with customers, finding new ways to cater to queries, and making sure customers are satisfied with the products or services.

This brings us to creating a brand identity and brand design language to include in the marketing plan. A successful marketing plan is to ensure that correct brand structures are related that helps the ideal audience in understanding how the business world.

Not only that, but businesses should convey their messages through the company logo, website, signage, product packaging, and customer experience. By setting this uniform strategy, you can create a marketing plan that brings success to the brand.

Email Marketing

Emails are still alive and very much effective.

If you want success in 2021, then you should not forget to put efforts into this marketing technique. Email marketing is successful when it reflects your business with the same uniformity as other platforms do.

To create a good marketing plan for your business, you need to make sure that your email marketing plan can connect the people who have visited your website but did not turn into your customers. Email marketing is the best when it helps the business in turning visitors into customers. Email marketing also helps in collecting relevant information about the customers; contact information, preference, and demands.

Several websites are using tools that let visitor’s signup for emails and notifications by the business. You can also try on investing in such tools.

Social Media Marketing

Social media marketing can get messy, but that only depends on how many platforms you are using. The more platforms you use the trickier it gets. Also, what makes social media marketing messier is the unavailability of high-speed internet service.

So, before including social media marketing into your marketing mix for 2021, make sure you and your team are equipped with high-speed internet service. Having a high-speed internet connection isn’t that hard. All you need to do is find the best internet service providers in your area.

For this there’s a whole website; www.buytvinternetphone.com, that can help you in finding high-speed internet service from providers like Cox high-speed internet, HughesNet, Spectrum, and any more. Cox high-speed internet service provides its service at super affordable rates.

Apart from that, having a high-speed internet connection you will form a social media plan that helps you stay alive on the platform that has a major chunk of your target market.

If handling social media platforms seems overwhelming to you then you can try investing in hiring a social media account manager. Not only that, you can hire a whole team for handling social media tasks. This will enable your business to grab more light from the social media world.

Key Takeaways

There is a lot that goes into creating a successful marketing plan. In this blog, we have covered the basics yet extremely essential techniques and tools for a successful marketing plan for business operating in 2021.

Taxi Drivers Being Versatile During Pandemic

By Kyzer Smith

On January 28, 2021

In Business

You only have to look at some of the news articles on the Internet to get a feeling for how flexible a number of taxi drivers are being during the coronavirus pandemic in various parts of the UK. Some taxi drivers are providing their services for free in certain circumstances and others are charging a reasonable fee.

Obviously, taxi drivers and private hire drivers have suffered a significant drop in income in recent weeks due to the pandemic. Some drivers will no doubt have spent more time behind the wheel to try to earn a reasonable income but there is so much competition out there and insufficient work to go around from standard sources of revenue.

You read about some taxi drivers in Hull delivering parcels in competition with courier firms who usually do this sort of work. It would be interesting to see how online sales have been doing in the last two or three weeks as many people will not be spending money on such things as clothing but perhaps more people are buying groceries online.

You hear of some taxi drivers offering a discount of say 20% to transport key workers such as NHS staff to and from their places of work who may usually use public transport.

Apparently, there are some taxi drivers who are offering free rides to those people who are elderly or are vulnerable who need to get to the likes of supermarkets and are no doubt transporting them back home fully laden with shopping.

If you are a taxi driver then there may be an opportunity in certain villages where residents place a telephone grocery order with their local general store to pick up their shopping for them and deliver it to their home for a moderate charge.

A taxi driver could offer his or her services collecting and delivering takeaways such as a Chinese or Indian take-away meal and charging a modest fee.

In the current climate, it is important that taxi drivers try to think of any way that he or she can generate further income to supplement their normal income derived from fare paying passengers.

Needless to say, you should make sure that you have adequate insurance cover in place to undertake work that you would normally carry out as a taxi driver or private hire driver.

How to Create A Business Plan for A Start-Up Business

By Kyzer Smith

On January 16, 2021

In Business

Achieve a vision for your business with a business plan

Get clarity on your business with a business plan

Your start-up needs a business plan to get off the ground

So, you have a great business idea. But what is your next step? You’ve probably got a million thoughts running through your head. Should I hire somebody? Do I need to get myself registered? Should I borrow money? Where do I see this going in five years? That’s a good sign it’s time to put pen to paper and write out a business plan.

Your business plan is a living document that will serve as a north star to anchor growth and monitor progress. First, it shows you the extent of what you do know. Second, it can help you work out a schedule for your tasks to get your idea to where it can be called a business. Third, a coherent document can give you the foundation to seek help from others, whether that is a friend, family member, or bank. We’re happy to help you put together a great business plan for your start-up.

This article will not cover a formal business plan as required by an investor. That kind of business plan is often a more technical exercise and is put together in a structured document. Here, we will cover how to put together a plan so that you have a direction for your business and a clear idea of how you’ll get there.

Goals

It is first important to know where you see your business in 5 years. A lot of us think it’s a waste of time to think about our business goals and skip this step. But without a clear objective, you, as an entrepreneur, will have no idea whether your work is doing your business any good.

Set objectives. How much of the market would you like to cover? How much revenue would you want your business to make? What sort of clients do you see yourself having? These goals may change later, but having some direction is key to building a business.

Define your customer

As an entrepreneur, you probably know that you need to be the business’s biggest salesperson. Defining your customer early on will help you craft a marketing strategy for when you need to reach them. You do not need to go to an agency, as you can probably do this yourself with a little market research. Ultimately, you must know your customer base better than anyone else.

Competitive analysis

Do research on the industry and who the major players are. What sets you apart from them? What will convince customers to buy from you versus the established players? You can’t expect to achieve success by doing what someone else is already doing. They have spent the time building a reputation for themselves. So, their reputation will wipe out any possibility of a market for you if you do not differentiate yourself.

Can you do something faster, cheaper, or better? Is there a niche that you specialise in? Figure out what makes you different and amplify that. You’ll have a better idea of what you can offer once you do a competitive analysis of what the competition is doing.

Prepare a budget

Many people are uncomfortable with numbers. As a business owner, it’s better to get rid of that feeling early on. You will have to have discussions about money every single day. The quicker you learn about it, the better.

Your business performance is closely tied with its financial health, and this depends on your ability to budget well. Consider all your financial requirements: your equipment, payroll, legal costs, inventory, and any property. Err on the side of prudence: A little extra cash never hurt any business.

Sales and marketing

This section of your business plan should detail how you plan to reach your customers, where you plan to reach them, and what your message should be. Your definition of your dream buyer and competitive analysis will come in handy here.

Legal requirements

Check out the legal registrations and requirements, including taxes, that will be relevant to your business. You should focus your energy on making your business grow, and not on legal battles. So, the quicker you get them out of the way, the better.

Your might be required to get business insurance to start your operations. To know more about business insurance for your start-up, you might want to check out this website.

SWOT Analysis

A useful tool to plan for your start-up business is a SWOT (strengths, weaknesses, opportunities, and threats) analysis. Detail out each of these categories for your business. You will then have a holistic picture of what you need to overcome and what you can leverage to grow your business.

With these tips, you’re well on your way to having a concrete plan in place for your start-up business. Having a plan in place amplifies your chances for success as a business.

*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.