Despite everything, you have a 9 to 5 job. But in your spare time, you have the opportunity to turn into an expert online trader! Stopping your everyday employment to become a productive merchant may appear to be an implausible assignment for many people. A financial analyst at Olsson Capital confirms that there are advances that can enable you to enhance your trading while at the same time working 9-5 and discovering time for leisure activities and your family. [Read more…]
When you want to run your own online business, making sure you have the skills to market your new venture can seem like the biggest priority. However, this is not all there is to convincing customers to trust you as an enterprise.
In an age where there is a really substantial level of fear about identity fraud, and where customers worry a lot about what you are going to do with personal information they have to give you to do business with you, like their contact details and payment credentials, being able to assure customers you are equipped to manage their data safely can be key.
What Are Users Most Concerned About?
In general, most people accept that to take advantage of things like ecommerce, online banking and social media, they will have to give personal information to businesses. However, they do this only when they trust that that information will not be misused, and will be protected by good IT security protocols.
Data privacy has been a concern for users for as long as the internet has been in mainstream use, but as rates of cyber crime and identity theft have grown, and numerous scandals like the PlayStation account hacking and HBO hacking have been reported, it is not really surprising that people feel unease around giving out data online.
Why Is This Important for Online Businesses?
As soon as a customer doesn’t feel like their data is going to be safe, they are likely to back out of a purchase. Abandoned shopping carts account for between 65 and 75% of shopping carts (depending on the year and how the stats were collected), and literally trillions of dollars in missed sales. Concerns about the data security of a site often play a part in why people abandon online shopping carts, and this is something that can directly affect your business.
Even outside of ecommerce, customers are far more reluctant to give details when they are not sure how their information will be used. Nobody likes the idea of their personal details being vulnerable to hackers or exposed.
Learning Data Assurance and Security
Happily, there is a whole field of IT focused on information security, and you can study this online by doing something like an online information security degree which you can study from home in your own time. A lot of well respected universities offer an online information assurance program, so you can be sure of obtaining the kind of knowledge and qualifications your customers will respect when they look at your credentials.
Online crime is becoming a bigger and bigger concern for internet users, and most of their concerns center around how safe it is to give entities access to their data – whether it is retailers they shop with or the government. By studying this field of IT, you as an entrepreneur can reassure your customers that your business has a good control over this, and ultimately win more business.
Starting a business is exciting, but before you get carried away with marketing plans and product development, you need to deal with the nitty-gritty of business banking. To paraphrase the old saying, if you take care of the cents, the dollars will take care of themselves.
Many small traders begin their entrepreneurial journey without bothering to open a business bank account. In the early days, you might find it easier to trade using your personal bank account. After all, there are few if any fees associated with a personal bank account and it is less hassle. But, whilst it is easier, you could end up in hot water if the IRS decides to audit your accounts.
It is always better to kickstart your business on the right foot. Keep your personal and business finances separate by opening a dedicated business bank account. Your accountant will thank you and if you do end up being audited by the IRS, there is little chance of personal income being wrongly labeled as taxable business income.
Choose the Right Account
There is a multitude of business bank accounts on the market. The hard part is choosing a business bank account that suits your needs.
Business bank accounts differ from personal bank accounts in that they typically charge users for issuing checks and making other routine transactions. If you are not careful, you can end up paying a fortune in fees, just to administer your own account. However, opening a business account makes record-keeping much easier, so it’s time to bite the bullet.
Check out business accounts offered by all the big names, including online banks. Each bank will have a range of products, but you need to look at accounts aimed at small businesses. Pay close attention to the fees and charges. The best online banks are often cheaper than their big-name counterparts, but make sure you read the small print to be sure.
Minimize Your Banking Charges
Many banks offer free banking to startups. This is an excellent deal, as it will minimize your fees in the early days, which is precisely when cash flow will be limited.
Once your account is up and running, make a list of all fees, so you don’t get caught out. If your account charges for issuing a check, use online banking to pay suppliers. Does your bank charge for an overdraft facility? Avoid going into the red.
Keep a close eye on your transactions and if you spot any fees you weren’t expecting, query them with your business banking liaison officer.
Open a Savings Account
Once the money is flowing in and business is booming, open a business savings account connected to your main checking account. Move any excess cash into the savings account so you can make the most of an enhanced interest rate.
Business banking needn’t be a huge headache if you select the right account and monitor it closely. Be aware, however, that you will need to have a decent credit rating if you want to open a business bank account.
Many businesses use the cloud to increase their data storage capability. Yet, news of breaches occurs almost every day. What do you do to ensure your data is safe? Let’s look at some ideas to keep your data safe and secure.
As Christmas draws closer those who work in offices may be looking for just the right gifts to get their bosses. Of course, there are many different opinions of what the right gifts should be.
Some people feel only items they make themselves should be given. Others choose to buy items that are quick and easy to pick up, such as gift cards or prepackaged gift sets.
Still others insist on shopping around until they find the perfect gifts. But all that shopping can take time. If you have been struggling with what to get, here are 6 tips for giving gifts to your boss that can help.
1. Don’t Overdo it
If you don’t have a ton of money it isn’t wise to buy extravagant gifts. There are a couple of reasons for this.
One reason is that you certainly don’t want to go into debt buying gifts you can’t really afford. That could make the coming months difficult as you try to scrimp on other bills and pay off credit cards.
But another is that you don’t need to try to impress your boss or outdo your coworkers either. An overly expensive gift to your boss can come off as though you are trying to by your bosses favor.
Instead choose inexpensive, quality gifts your boss can use to save time or get organized. Or, pick a game they can play with their family for the holidays.
2. Get Something Useful
Another tip for giving gifts to your boss is to get something useful. Try giving a solar phone charger or a cell phone power bank as a gift.
A good gift option is to give some fun pens, patterned mousepad, or a keyboard protector. Choose patterns or colors your boss likes to score bonus points.
3. Know What the Boss Likes
Do you need another tip for giving gifts to your boss? Learning what the boss likes can be used as a tool to help you choose gifts.
If your boss likes to grill, perhaps you could pick up a cool apron and add a pair of BBQ tongs and some grilling spices. Or, if you know their favorite football team, snag a few fan items for them such as a t-shirt or a cup koozie.
4. Beware of Gifts That Are Overly Personal
Gifts of perfume or lingerie definitely send the wrong message in an office atmosphere even if you know your boss really well and consider them a friend. Unless you are giving small lotion bottles to everyone even those types of products could be misconstrued.
5. Co-ordinate with Coworkers
A great way to give a really nice gift to your boss without making anyone else in the office feel guilty about what they gave is to all pitch in together. To do it discreetly, send an envelope around and have everyone put in what they can before marking their own name off the outside of the envelope.
This method prevents others from knowing how much everyone put in. It can also remove the pressure of you trying to come up with a give yourself.
Designate one person to pick up or order the gift item and wrap it. Then assign another the job of bringing a card each person can sign.
6. Bake Your Gift
When all else fails and you just don’t know what to get or spend, bake. This is an especially good idea of you know your boss is too busy to bake but loves homemade goodies.
The holidays are stressful enough without adding to it. Cut down on the pressure you feel by using some of these tips for giving gifts to your boss for Christmas.
What kind of gift do you feel is appropriate for a boss at Christmas?
As a parent, you want to instill good lessons and habits in your children so they make healthy choices when they become adults and are no longer under your care. From teaching them good table manners to showing them how to do laundry, cook, and keep a home, you’re ready to give them the life lessons they need to be a success. However, you may not have considered teaching good money habits on that list. Many people don’t consider themselves qualified enough to teach their children how to make proper financial choices, but that’s not true. You don’t have to be an investment banker to give your children the tools they need to succeed financially. All it takes is a little basic knowledge, some patience, and modeling to help your children learn good money habits.
With everything to think about as the year comes to an end, such as hitting final goals, receiving a bonus, applying for a promotion, planning a workplace office party, sorting out vacation time and the like, you would think that worrying about Christmas office gifts would end up at the bottom of the list for most people. However, working out how much money to spend and what exactly to buy colleagues and bosses can be very stressful. Read on for some top tips you can follow this December to navigate holiday gifting, whether you work in an office, as a freelancer, or in other position.
As the year draws to a close, now is the perfect time to think about where you want to take your career over the next 12 months and beyond. If you’re currently working in a job you’re not finding rewarding (financially or mentally), fulfilling, challenging or just plain interesting, you can start planning ways to make a change.
Moving away from your old family home can be a lot of stress. Memories and emotions will keep pouring back as you get the old home ready for viewing and sale. But, if you manage to get a good price for the home, the blow of moving out will be significantly gentler.