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  • 4 Less Formal Lending Transactions That Need a Legal Contract Jan 4, 2021

    The transactional circumstances today vary widely and in many cases, agreements are involved between the parties. Sometimes, people tend to lend to their friends or relatives under mutual agreement and ignore a legal contract.

    It is important to record the details of all lending transactions, including the date, time, amount involved, and repayment terms and conditions, regardless of whom you are lending to. A legal contract is not only important in formal transactions but also in the less formal ones.

    Lending to a person for attractive returns

    According to, before lending money to someone for attractive returns, it is important to include a legal contract in the form of a loan agreement with all the proper considerations. This may ensure that the lender gets paid and gives provisions on what to do in case of default. Ii may therefore reduce any kind of conflicts that may arise in the future.

    The contract provides details of the amount involved, when the money should be paid back, and repayment terms. When the contract is executed, it is a promise that the money will be paid. The loan agreement is proof that the money involved is not a gift.

    Lending to a friend for a joint venture engagement

    A joint venture is a temporary partnership where two people engage in a business for a specified period after which it is dissolved. Sometimes, some of the partners may need to borrow from others to be part of the partnership.

    In such a case, it is important to enter into a legal agreement to protect all the parties involved whether the borrower is part of the joint venture or not.

    The joint venture agreement should constitute the lending terms and conditions, profit sharing ratio, partnership length, and how to resolve disputes. The legal contract ensures that the money lent is repaid at the agreed conditions and that the terms of the joint venture are adhered to.

    Lending to a friend or relative for their business

    When lending money to a friend or relative under a mutual agreement, this may not be enough to ensure that the lender gets paid. Agreements regarding large sums or whose repayment period is long should be in writing. Lack of an agreement may make it difficult to make follow-ups to ensure that the loans are paid.

    The lender can consider the need to secure the loan with security. The security may not completely protect the lent amount, but it can reduce the risk of loss. Traceable securities, a written promise by a third party to make the payment on the due date, and physical assets are the most common forms of assets that can be used as security.

    The legal contract must also include details of the security. The lender should consider the value, liquidity, and market value of the security. A lender might ask the borrower to have a guarantor who can stand in the gap if the borrower fails to pay.

    Lending to your child for home buying

    Many parents dig deep to lend to their children when they want to buy houses. Lending money to a child may sound like a safe bet but a legal contract is still important. This may prevent any future misunderstanding between the parent and the child. While a handshake may be considered sufficient, the lender needs to understand that things can change.

    The legal agreement should include any interest charged, the repayment terms, and whether the borrower is expected to pay the whole amount. It should also include whether the loan can be forgiven upon death or whether any unpaid amount can be considered an inheritance.
  • 5345345 Oct 20, 2020

    Although The Association of American Medical Colleges (AAMC)in Washington, D.C., the non-profit organization established in 1876, recommends that a medical student needs at least 350 hours to prepare for the Medical College Admission Test (MCAT), we now live in such a hectic and demanding time that studying for several months may not be possible.

    Two Conditions Necessary to Study MCAT in a Month

    While it is theoretically possible to study for the MCAT in just a month, you must fully understand that this is a heroic task. Still, it’s possible to be successful if you can meet two conditions:

    The first condition is that you must already have a firm grasp of science so that you can read critical information without the need to look up the definition of common terms in biochemistry, biology, and behavioral science. You must also be comfortable with chemistry, both general and organic chemistry, and understand the basic mathematics of physics.

    The second condition is that you must be able to study for long hours almost every day of the week. At a minimum, you need to spend at least three hours a day for at least six days every week. More, of course, would be better. Ideally, you should be able to have most of the month free to follow your demanding schedule. If you have a second job or need to attend school or take care of other responsibilities that could compromise your schedule, then your study project is likely to go off the rails.

    How to Organize Your Study Plan

    Assuming that you can satisfy both conditions, here are some guidelines on how to study:

    First, get all the MCAT test prep materials and tutoring assistance that you need so that you can get totally focused.

    Spend a full day every week devoted to biochemistry, biology, behavioral science, general chemistry, organic chemistry, and physics.

    Just study a few subjects within that discipline every week. For instance, in the first week when studying organic chemistry, limit yourself to only studying bonding, stereochemistry, and nomenclature. Don’t also try to squeeze in studying alcohols and aldehydes.

    Don’t overstretch your capacity to get a good understanding of too many subjects within a discipline during your focus day. Get a deep understanding of just a few topics in every discipline. Develop such a deep understanding that you could explain it clearly to someone who knows only little about science.

    Next, create or adopt a study guide that plans out how to study everything that you must know in all six of the major disciplines. Also, go over AAMC sample questions and sections.

    Finally, on the last couple of days before the test, devote your time to your weakest areas. Work to get a good understanding of the things that you had trouble with understanding. If you need help from an MCAT prep tutor, ask for it.

    Rest up Before the Big Day

    On the day before the test, rest. You need to give your brain plenty of time to rest and recuperate. Do nothing strenuous during the day. Just eat healthy meals, do some light stretching, and get plenty of rest at night. The test is strenuous, rather like running a mental marathon, so on the day of the exam have a nutritious breakfast to fuel your brain to perform at its best.
  • Creative Ways to Boost Your Social Media Strategy Jul 8, 2020

    Many people use social media to touch base with people they would otherwise lose contact with were it not for the interactive technology.

    They write, post pictures and videos and use social media for marketing their services and products. What plan have you got to both maximize your interactions and also save money as you set about to achieve your objectives as an individual or a company?

    Know your audience

    You have to know your audience to delight them and give them what they want. Who do you want to connect with? Children, pet owners or those older than 65?

    What social networks are they using and are you investing in the right channels to create content for? You have to do audience research and discover what the buying habits are of your target audience – how much they spend and where they like to shop.

    People who help you grow

    Creating your own media and then monitoring its impact can be way too tedious and overwhelming if it’s not well-managed. When you check out, a social media marketing company, you see they help you boost likes, followers and views.

    They also assist with comments for Instagram at a low price with 24/7 support, visible pricing, social media tips, privacy protection and a 3-month drop-back guarantee. All these can help with generating leads and improving brand awareness.

    Have a goal

    You can’t be vague about what you want to achieve on social media. You have to know exactly what your project wants to achieve. Have a goal statement such as ‘We give customers what they want’.

    A strategy is a planned approach you take to achieve this goal. You could, for instance, start a monthly campaign asking users to make suggestions on which products have been popular but have now disappeared.

    Respond quickly to commenters

    Social media platforms such as Facebook rely on algorithms to determine what content should be displayed. Both Facebook and Instagram make use of participation as an important factor in determining what content to display.

    Posts receiving more comments are displayed more prominently within social media feeds. Respond and engage quickly with your audience as it encourages other users to engage.

    Influencer marketing

    A huge percentage of marketers who invest in influencer marketing say it is effective, and leading brands already rely on influencer marketing to reach social media users.

    A particular brand forms a bond with the influencer who exposes lots of people to the brand’s content. Influencer marketing is a strategy that identifies those who make an impact on people so that it ultimately leads more people to also want to start showing interest in a certain brand

    Amaze and delight people

    It is important to find ways that thrill social media users who are your potential customers and that’s difficult today with so many jaded people. If you can, find things that thrill social media users so you can build a strong following through word of mouth.

    Be social, and if you want your audience to stay engaged, you need to be mesmerizing and create outstanding social campaigns that run across all your social platforms and that inspire and engage.

    Keep a calendar

    Include excitement for followers that make them feel good and noticed. An opportunity to do this is during important holidays and events.

    A social media content calendar template is useful as you can save a lot of time thinking about what to post each day. A calendar is a superb tool for creating successful campaigns and posts. With it, you never forget important dates and your posts are consistent throughout the year and also relevant.
  • 6 Essential Tips for Designing your Home Office Jul 8, 2020

    You won’t be as efficient when you work from home if you don’t think about the design of your home office. You need to space to be inviting and comfortable because you may have to spend many hours working there. Here are five essential tips for creating a practical and attractive home office.

    1. Choose the right location

    Home offices come in many sizes and shapes. You may have a spare room where you can set up your office but it is also possible to use a spare corner in a room. When choosing a location, think about being able to work free from any household distractions.

    You also need enough space to work comfortably. You’re likely to spend long hours working and squishing yourself into a windowless closet with a tiny desk may be harmful to your physical and mental health. You need to have the space to be able to stretch your legs, easily stand up and sit down as well as move from side to side.

    2. Think about natural lighting

    Natural lighting is a critical element for any home office space. Choose a location where you have some natural light and think about positioning your desk to face the window. If you use the right type of window blinds you can reduce any glare without making the room too dark.

    You can order various types of made-to-measure blinds online from Blinds Direct. Use light wall colours and mirrors to help reflect the natural light. Other lighting may include a desk light to use in the evenings.

    3. Select the right chair and desk

    A chair should offer sufficient support for your neck and back. An ergonomically correct, comfortable chair is worth what you’ll pay for it. Many aches and pains are the result of sitting in an uncomfortable chair for long hours. A chair that’s adjustable is a good option.

    The desk should be the right height as you will experience discomfort if it’s too high or low. It should also be wide enough to give you space for an in-tray and any reference materials as well as your desktop computer or laptop.

    4. Don’t overlook storage and shelving

    Consider your workflow when designing any storage. What comes in, where does it stay while you’re working and where does it go when you’re finished? Today, online storage has lessened the need for physical storage and paperless offices are becoming more possible.

    However, you will probably still have some papers you need to file and physical documents to deal with. If you need to use physical reference books, a shelf close at hand will be ideal.

    5. Deal with tangled wires

    Wires hanging from your desk and running all over can make your home office look messy and it’s frustrating to always have to untangle wires. Think about investing in wireless technology, such as a wireless mouse, printer and router.

    You can also add a grommet to your desktop to lead wires from your desk, attach visible wires to the inside of your desk leg and gather any loose wires on the floor with a cord tamer.

    6. Don’t sacrifice on style

    One of the great benefits of working from home is that you can decide what you want your home office to look like. If you’re working in the corner of a room, you can extend the style through into your office, whether this is more traditional or contemporary. Think about what invigorates and inspires you – it could be an artwork, an inspirational pinboard, a specific colour or even a collection of objects.
  • Why You Should be Outsourcing Your Warehouse and Distribution Services Jul 6, 2020

    Warehousing and distribution services are at the core of successful business management. Despite making thousands of sales, being unable to store and deliver goods as promised will lead to poor customer reviews and a decline in profits.

    Many business owners struggle to put their warehousing and distribution functions into the hands of third parties because it is such an integral part of the company’s sales process. It’s difficult to surrender this control to another organization when there are an infinite number of things that could go wrong.

    But here is why you should be considering outsourcing:

    Outsourcing is cost-effective

    A third-party logistics (3PL) company can save you a lot of money. Instead of spending a fortune on warehouse infrastructure and space as well as wages and salaries for staff, you can spend a smaller amount on using the services of a 3PL company.

    This approach saves you a lot of capital expenditure, allowing you to expand your business easily without the need for a significant financial investment. Instead, you will have additional funds to spend on more stock, better marketing, and expanding your range. You can stay one step ahead of your competitors in this way.

    Outsourcing is a contractual relationship

    When you decide to outsource your warehousing and distribution services, you need to sign contracts with the 3PL company. The agreements include the terms and conditions of service, and you can include performance standards in them as well. These clauses can put into place a type of guarantee of getting what the 3PL company promises.

    Net Lawman offers an extensive library of legal documents and has something to offer everyone, regardless of their needs. Contracts with service providers can be downloaded and edited. You even have the option of running your final draft by the company’s legal team to make sure it’s a legitimate, enforceable deal.

    Outsourcing offers a greater degree of efficiency

    When you outsource, using a reputable, reliable 3PL company can lead to improved delivery times and reduced costs. 3PL companies offer a full package of services, including managing and storing your inventory and transporting your products to various destinations.

    If you rely on separate companies for warehousing and distribution, you’ll still have to coordinate between them and face the risk of miscommunications that can put a dent in your bottom line. A full-service logistics service provider makes sure that all functions take place under the umbrella of its care, leading to improved reliability.

    Outsourcing gives you access to expertise

    When you’re running a business, keeping track of stock and making sure deliveries occur can be very stressful. It might take up a good deal of your time, which you could be spending on growing the company. The reason it might be time-consuming is that it’s not your area of expertise.

    A 3PL company’s entire focus lies in logistics, meaning it has the time and experience to devote to this aspect of your business. The result will be an improved supply chain, increased demand, and more profits at the end of the financial year.

    Outsourcing lets you have only the services you need

    Because of fluctuations in the market for your products, there will be times when demand is high, and others when it flattens. Think about the monthly expense of a warehouse that might sometimes stand half-empty. Alternatively, you may not have enough space and be scrambling around to find it, which could be costly.

    A 3PL company lets you scale your distribution model so that it can accommodate prevailing trends. You only pay for the storage and distribution services you need.
  • Small Business and Supplemental Health Insurance: What Owners Need to Know Jul 3, 2020

    Several studies what most employers already know: employees place great value on health insurance as part of their employment package. It is an attractive perk for employees as it provides them with the means to take care of their family’s medical needs.

    Most employers offer a basic essential group medical plan. While this is to their advantage, employees know that these schemes do not cover all the medical bills they may face.

    The most common medical expenses that employees want covered are dental and vision costs. Employers who offer these benefits will get their attention when they’re seeking employment.

    Small businesses and supplemental health insurance

    The legal definition of a small business is an enterprise that employs less than 50 full-time workers. By law, small businesses are not required to offer employees supplemental health insurance, but that doesn’t preclude them from doing so.

    Compared with all the other benefits an employer might offer, employees place the highest value on dental and vision plans. Most business owners are listening to what the surveys and studies have concluded and are making supplemental health insurance a part of their employment packages.

    Here are some of the advantages of offering supplemental health insurance as a small business:

    Supplemental healthcare is a part of any good HR strategy

    Regardless of business size, you want to attract the best people to work at your organization. They offer you a higher return on your investment, which is the compensation you provide them.

    Applicants often ask questions about benefits like healthcare and supplemental healthcare during an interview. That’s an indication of how much this issue matters to them, so you should evaluate and choose competitive Medicaresupplementplans2021 as part of your employment package.

    Studies indicate that an applicant might consider a slightly lower salary if offered benefits such as supplemental health insurance. You might not be able to match the salary of competitors.

    However, you could still woo a potential applicant by making sure you include supplemental healthcare as a central part of the package you advertise. This will attract a bigger pool of applicants who are interested in seeking employment at your company.

    Supplemental healthcare is more affordable than you might think

    There are several options to explore when looking for supplemental healthcare schemes for dental and vision plans. They vary in price according to what they cover. Look for the ones that offer the best value for money. You might even find options with a sliding price scale depending on how many employees you register on the plan.

    Bear in mind that there are favorable tax implications in offering supplemental healthcare to employees, and you’re entitled to provide it with cost-sharing for employee premiums. The savings in taxes and shared premiums could make the expense of offering supplemental healthcare negligible compared to the advantages it offers.

    Supplemental healthcare is an investment in your company’s future

    There are several ways to offer supplemental healthcare for your employees to ensure your small business’s success. For example, since employees place such a premium on these benefits, providing them is likely to improve your employee retention rate.

    A reduced turnover rate means fewer interruptions caused by vacancies and training periods for new employees, both of which can negatively affect your bottom line.

    Happy employees are also more productive and motivated when it comes to doing their jobs. If they feel valued by the company, workers will put in the extra effort you need from them. The security of knowing that additional healthcare expenses shouldn’t stress them out can be an encouragement for outstanding job performance.
  • Be a Tax Savvy Senior and Use These Tax Breaks Jun 28, 2020

    Our society teaches us to value older people and treat them with respect. This idea even filters into the tax system as there are special benefits that seniors can take advantage of to reduce their tax liability.

    However, it takes a bit of expertise to apply the tax breaks you’re entitled to as a senior. Many of them are overlooked because people simply don’t know about them. Using a tax adviser’s services can help you put the tax breaks you’ve earned into practice.

    Here are some important tax breaks all seniors should know about:

    Increased standard deduction

    This tax break is one that most people know about. Anyone who files taxes is entitled to a standard deduction. However, when you reach your mid-60s, the standard deduction rises. This increase can make a difference when you’re deciding whether to itemize your tax return or not.

    You could save some money this way. Make sure you know what the standard deduction applicable to someone of your age and relationship status is before you complete your tax return.

    IRA contributions

    Individual Retirement Accounts (IRAs) are the most common form of retirement savings. People typically stop contributing funds to an IRA when they stop earning an income upon retirement.

    Contributions are tax-free, whereas withdrawals are not. If your spouse is still working and can fund contributions to the account, they can add up to $7,000 per annum to your IRA, as well as anything they choose to add to their own.

    Find out about a Roth IRA, which taxes contributions before you make them and offers tax-free withdrawals once you’re retired. This can mean significant tax savings once you’re relying on the IRA for an income.

    Medical expenses

    If you opt for MedicareAdvantagePlans2021, your Medicare expenses for Parts A and B are covered by a private company. These plans also include prescription drug coverage.

    You can claim your Medicare Advantage premiums back on your tax return, provided itemize your expenses and do not settle for the standard deduction. Before you choose this route, you need to know your adjusted gross income and whether your medical expenses are worth more than 7.5% of it.

    If they aren’t, itemizing won’t help you. However, if your income is small and you’ve had many medical expenses, it might be worthwhile to itemize and claim some of them as deductibles. Always keep supporting documentation in case your return is queried.

    Tax credits for the elderly or disabled

    The IRS offers a tax credit for the elderly, starting from the age of 65. The amount is not fixed and is calculated according to your income, filing status, and circumstances. You should approach the IRS for the relevant paperwork and submit it once completed. The forms will help you work out the value of your tax credit, although the IRS will confirm it.

    A tax credit does not work in the same way as a tax refund. A tax credit only comes into play if you owe the IRS any money. The amount of the credit is deducted from the balance outstanding. However, if the balance is less than the credit, it will be adjusted to zero, although you will not be entitled to claim payment of the remainder of the credit.

    Property sales

    Take advantage of not paying taxes on the profit from the sale of your property, provided you’ve lived in it for two of the last five years before you sold it. A single taxpayer can make $250,000 profit tax-free, whereas the amount for married couples filing together is $500,000.
  • Caring for Your Elderly Parents and Building Your Business Jun 6, 2020

    Modern women are expected to wear many hats. They are spouses, mothers, and daughters. Not only that, but they also have their work identity to juggle as well. More and more women are becoming entrepreneurs and starting small businesses. Balancing this role with all the others they play can be a huge challenge.

    There are additional responsibilities that come with time. When their parents become elderly, many women take on the responsibility of caring for them as well. This can become an all-consuming task that prevents them from focusing on growing the business.

    Here are four tips for female entrepreneurs who also care for their elderly parents:


    Being an entrepreneur, you might have the flexibility about when you do your work. For example, you might be able to spend time dealing with administrative tasks late at night or early in the morning. This allows you to get a lot of work done while your parents are asleep, freeing you up to see to their needs later.

    Spend this time making lists of things to do, prioritizing them, and planning how to finish them. Keeping track of what needs to be done goes a long way toward fitting everything into your schedule. Include deadlines and due dates so that you don’t fall behind on anything.


    If you have employees, you need to delegate tasks so that they can pick up the slack you need to take care of your parents. They should understand what is expected of them, and you should make it clear that you’re not going to accept excuses for incomplete tasks.

    Delegation need not only apply to your business. To devote enough time to your venture, you might need to delegate some of your parents’ care to someone else. When you hire a professional caregiver through Tandem Careplanning, you’ll have someone to provide your parents with the excellent care they need.

    Manage your time

    It takes roughly the same amount of time for you to do a week’s grocery shopping as it would to shop for a month. This is only one example of ways you can save time and care for your parents.

    Think about how you spend your time and what tasks you are repeating unnecessarily. When you’re cooking, make double the amount you need and freeze the rest for another night.

    When you shop online, you can do so when it’s convenient for you as you’re not bound by store trading hours. You can also do a lot of browsing without having to leave the comfort of your home. It’s also a great time saver if you have other priorities, such as being a caregiver.

    Seek support

    Squeezing so many activities into your day is only possible when you have a support network of friends and family to assist you. It is not a sign of weakness to reach out for help. In fact, it’s a sign of strength to acknowledge that you cannot do everything alone.

    Set up a care schedule for your parents with everyone’s time slot clearly marked. This will give you valuable time to devote to your business.

    You are not a machine, and you need to rest. Keeping up a crazy schedule where you never have a minute to yourself, and surviving on a few hours’ sleep a night is not feasible in the long-term.

    Part of your day should be devoted to doing something for yourself that relaxes you. You are no good to your parents, your family and friends, or your business if you are not looking after yourself.
  • 5 Tips for Earning Customer Loyalty May 26, 2020

    Gaining customers is one thing but keeping them is another. Earning customer loyalty is all about making sure that customers will keep buying your products so you can continue to drive revenue for your business. You don’t want those customers you worked so hard to find to disappear before you even know what happened. Here are some ways to earn their loyalty.

    1. Share your values

    If you want to build strong relationships with customers today, they want to know you share their values. You need to tell them what your brand stands for. CheckOutSaver gives actionable ideas for building Customer Loyalty Programs and finds it’s not always about money. Shared values have a huge impact on whether a customer is loyal to a brand.

    In fact, 64% of all customers with a brand relationship say that shared values are the primary reason for the relationship, according to research published in the Harvard Business Review.

    2. Exceed customer expectations

    Customers want to know that if you’ve made a promise, you’ll deliver on it.

    If something changes due to unforeseen circumstances, they want to know you’ll communicate openly about it. Customers value your transparency and appreciate it when you provide updates and address concerns straight away.

    Do what you say you’re going to do and more. If you say a customer service rep will respond to a complaint in 12 hours and the rep responds in six hours, your company is going beyond what’s expected. If you keep exceeding expectations, your customers will have no reason to look elsewhere.

    3. Ask for customer feedback

    You won’t know what your customers feel about your products or services unless you ask them. If you’re aware of what they like and dislike, you have more idea about what improvements to make.

    Whenever you make a sale, ask your customers for their feedback in an online survey on your website or an email questionnaire. Encourage customers with concerns to contact you so you can rectify an issue speedily. Thank customers for their feedback and let them know about the changes you have made as a result.

    4. Offer incentives

    Your customers will be more inclined to return if you offer them a reason to do so. Incentives you offer may just tip the scales in your favor when there’s lots of competition. From the perspective of the customer, an incentive increases the perceived value of the purchase. From the perspective of your business, incentives help you to establish goodwill.

    An incentive is anything that encourages a customer to purchase. It can come in many forms, such as offering a discount or giving a “freebie” with a purchase.

    Incentives make customers feel special and are in an indicator that you truly appreciate their business.

    5. Create a community

    Continue to grow your relationship with customers by creating a community where they can connect with your brand and with each other. You can share resources and support and they can share their experiences and offer tips etc.

    Sometimes conversations happen organically on social networks and you can take advantage of the opportunity. Many brands have created Facebook groups where they engage with their customers. Community hubs engage customers and can provide a way to collect product suggestions and other feedback.

    The more you engage with your customers, the better you will understand what matters to them. In a technical world where automation is increasing, people are looking for human interaction. If you make good on your promises, create that personal connection and gain their trust, you will see how your base of loyal customers grows.
  • What Impact will Coronavirus Have on The Experience of Sports Fans? Apr 25, 2020

    Even a short while ago, it wouldn’t have crossed our minds that huge sports stadiums would be standing empty today as the coronavirus pandemic makes it too risky for mass gatherings to take place.

    Spectator sports will inevitably return at some stage but exactly when or how sports fans will be able to gather to cheer on their favorite teams is unknown. The fan experience is likely to change for months or even years to come in ways that are hard to imagine.

    Sports events mean that large numbers of spectators gather in close proximity and with all the singing, cheering and high-fives, there are many risks for the spread of COVID-19. The fact that a large number of spectators are over 60 and have pre-existing medical conditions adds to the risks.

    Re-opening without fans

    Dr. Anthony Fauci, top infectious diseases expert, recently said that the only way professional sports will happen this summer is by holding events without fans in attendance. The chances of this happening would depend on the ability of an organization or league to test and monitor players.

    If this happens, social media will give fans the opportunity not to miss out on the special moments. Greenfly helps brands to capture and coordinate content and use social media in sports to collaborate and connect with fans.

    Re-opening with fans

    Far-reaching changes to the experience of sports fans could include smaller crowds, changes to the ways spectators enter and exit the venue and limited movement inside.

    Capacity and crowd composition: Facilities may gradually re-open but with all spectators separated by one seat and one row apart. This would mean that a facility like Fenway, with a capacity for 40,000 fans, would have about 10,000 fans present at a game. Fans are worried and crowd composition could change if teams decide to restrict ticket sales to those who could prove they had antibodies to the virus.

    Entry to ballparks: Even with smaller crowd sizes, the way spectators enter into ballparks would have to change. To avoid extremely lengthy queues, teams may have to ask spectators to arrive at specific times at certain gates.

    Body temperature scans could become a standard feature. However, checking temperatures could only help to mitigate risk but not prevent it as those infected with COVID-19 may be asymptomatic.

    Inside a venue: It would be necessary to limit freedom of movement inside venues and restrict access to restrooms to a certain number of people at a time. Spectators would probably be required to wear face masks and use hand sanitizer. Stands would have to be decontaminated frequently, paying specific attention to “high touch” areas like hand railings.

    Concessions and merchandise

    The days of stadium vendors passing hot dogs to fans are over. It is possible that sports venues could stop the sale of food and beverages altogether but it is more likely that they will still be available but in a safer form.

    Perhaps food boxes could be pre-ordered at the same time as ticket purchase and picked up in a secure way. It is possible that the sale of alcohol would be restricted or eliminated.

    Exit from a ballpark

    It is possible that bottlenecks could be avoided due to smaller crowds. However, controlling departure from each zone of the park would probably also be necessary.

    Some of the above measures may not be needed and others may exist for a time and then disappear. No-one really knows for certain at this stage what measures will be needed to allow spectators back into ballparks in a way that does not create risks.
  • How to Choose the Right Tools for Your Online Business Feb 20, 2020

    Your goals to attract customers, profits and promotions for your online business can leave you juggling so many hats you lose focus. Let the right tools for your online business automate sales and marketing so you can keep customers, clients and service your top priorities. These tools should be safe, current and personalized to your businesses' brand.

    Optimizing Your Cashless Payment Options

    Your online business requires tools to guarantee every customer or client will be able to pay quickly and easily.

    Apps and devices give businesses the advantage to accept more payment options than ever because consumers want instant, paperless purchases. In fact, cashless and mobile payments totaled over $80 billion in customer transactions as late as 2018. If you work with a single seller or platform, expand to your own business-enabled website and add as many merchandising apps as you can.

    Diversify Marketing To Listen As Well as Speak

    Online entrepreneurs need tools to provide personal engagement with customers and clients.

    A profitable online business may earn more via the internet than physical offices and stores but still lose a central asset: Direct access to and engagement with customers. Do not alienate your business's loyalists so they succumb to the competition. Employ superior influencer marketing tools to add the personal touch to your customer experiences as well as attract priceless promotions.
    • Automated and Scheduled Posting. Social media management tools are affordable ways to keep your online business in the public eye. These platforms amplify your message across all major social media platforms and recognize your base's peak engagement hours you should post during.

    • Social Listening. Certainly keep content creation and posting actively to speak to your audience. However, also include social listening tools for valuable insight into the customers, potential customers and influencers who are talking about your business most.

    • Social Metrics. Fancy visuals and videos are a waste when your customers react best to direct messages and email newsletters. Use a social metric app or company to measure behavior within your audience. This helps you determine the content, messaging and formats that produce more engagements and conversions.

    Securing Your Websites and Payment Platforms

    One vicious hack can destroy your business's websites, steal customer contact info and pirate their payment data. By the time you're alerted to a problem, customers may be changing their emails to escape spam or battling suspicious charges. Protect your business, and customers, with secure web hosting and these security tools.
    • Anti-virus and anti-malware products. Keep these products up to date so your platforms, documents and emails do not pick up or spread viruses.

    • Wi-Fi networks. Ensure all Wi-Fi networks for your business and staff are encrypted. Change passwords frequently.

    • General software. Always run updates to locks cybercriminals out of the openings they can find in outdated applications.

    • Firewall. Add a firewall to all business computers and servers to monitor traffic to business sites plus intercept risks.
    Online businesses give entrepreneurial spirits freedom to bring their passions and talents to the public, but great entrepreneurs make it a team effort. Consider the right tools your investment in silent partners to perform like employees who boost profits, credibility and visibility.
  • How to Make Sure Your Products Are Government Compliant Jan 15, 2020

    You might have cleverly predicted shortages of a certain product and, as a creative entrepreneur, might have produced such products to fill the gap.

    There are plenty of opportunities to make money selling locally produced products, but whatever you sell, you have to demonstrate that your products comply with relevant regulations and meet safety requirements.

    If you have a talent for making wooden toys for children, for instance, there are safety and warning regulations to adhere to, to ensure no harm to kids. We look at ways to make sure your products are government compliant -

    Instructions on packaging

    You need to ensure the product comes with instructions for safe use. Provide information that identifies the product and manufacturer. If a manufacturer discovers that a product does represent a safety risk, it has to take action immediately to fix the problem.

    No one responsible for packing products may place the packaging on the market unless it fulfills government requirements.

    The safe use of medicines depends on users not only reading the labeling but on good packaging too. The whole purpose of medicine packaging is to ensure safe usage. This is because, with medicines, there can be confusion with similarity in drug names as well as similarity in medicines packaging.

    The right packaging can assist health professionals and patients to easily select the correct medicine based on appropriate packaging which should help to eliminate medication errors.

    Feasibility and safety of your product

    Make sure your product has been manufactured so as to comply with the essential safety requirements. Manufacturers are liable for their products under the Consumer Protection Act 1987.

    You can also hire a product research company to test your products. Avomeen is an accredited, independent contract testing laboratory, and their scientists will determine the feasibility of your project and point out problems with it.

    As a manufacturer, you can avoid producing a product that there isn’t a market for or having to recall a product and having it modified because of safety issues. You can avoid having to contact all consumers that could have been affected by the unsafe product and alert them to the issue.

    Draw up a technical document

    The Declaration of Conformity declares a product complies with the relevant product health and safety directives. The manufacturer has to draw up- and sign such a document, taking full responsibility for the product’s compliance.

    Products subject to CE marking require this Declaration of Conformity. The document should be kept in your possession for at least ten years before tossing it out.

    Certain information included on the label

    There is certain information that must appear on the labeling. Also, in the UK, it is an offense for retailers or wholesalers to supply food that doesn’t have English labeling. Regulations require certain compulsory information, and this has to be in English.

    This is particularly important if you sell food and drink products. The label must be easily visible, mustn’t have misleading information on it and be a permanent fixture of the product.

    For government compliance, it must have certain basic information and also list ingredients and warnings. For wine, there are special labeling regulations.

    The UK government has put in place arrangements regarding labeling requirements. It is best to not try and get around the law because you could face legal action if you sell products that are found to be unsafe.

    There are government authorities who check all the regulations for products and their labeling. The General Product Safety Regulations 2005 (GPSR) requires that for normal usage, all products be safe as enforcement authorities can take action if these rules aren’t met.
  • 5 Ways to Respect the Needs of Employees Oct 22, 2019

    Respect is a key requirement in the workplace as it promotes productivity and increases collaboration. It shows employees that they are valuable and have an important part to play in the success of the company. When employees are respected, they are motivated to perform their best. Here are some ways to respect their needs.

    Be a good listener

    Take the time to listen to the concerns of your employees and what they need to perform their jobs. Give your undivided attention to them so that you fully understand what they want to communicate.

    Ask questions to probe and focus on clarifying meaning. As well as the words, listen to the tone of voice and non-verbal cues, such as body language. Provide feedback as you listen to show your understanding.

    When you think you fully understand what an employee wants, this is the time to ask the person what they would like from you. If you only partially listen, the employee gets the feeling that you don’t really care.

    Reward good work

    Heartfelt, sincere recognition from managers and coworkers makes employees feel appreciated for their hard work and is one of the most powerful forms of feedback.

    Clarity, fairness and consistency are extremely important when it comes to rewards. It is important to create action plans to recognize behavior, approaches, actions and accomplishments and establish criteria that make an employee eligible for recognition.

    It is best to offer recognition as close to the event as possible. The best way to determine what employees find rewarding is to ask them – they may appreciate a free meal, a gift, or hard cash.

    Care for employees with disabilities

    Employees are hiring more employees with disabilities today because they can be very skilled – and are too often overlooked. Many employees with disabilities struggle to have accommodation requests approved, such as permission to buy adaptive equipment like mobility scooters.

    These are devices intended for people suffering from challenges in areas such as dexterity, mobility and balance. Organizations need to process requests as quickly as possible to help employees perform their jobs to the best of their ability.

    They also need to create the type of company culture that ensures these employees are treated with dignity.

    Empower and develop employees

    Find out what drives and motivates employees. Assign more challenging projects to those who want to grow their careers. Give them the opportunity to make their own decisions on projects. When you assign them important tasks, be clear about your expectations but then stand back and let them shine.

    Employees appreciate it when you don’t micromanage their every action. Motivating employees to try something new and validating their actions can help improve personal and professional growth. When employees are respected, they become more resilient and will keep trying. They tend to cooperate more with others and perform better.

    Value confidentiality

    Trust is the foundation for a relationship and when it is violated, it is difficult to rebuild. Before managers share confidential information about one employee to another, they need permission to do so – and a very good business reason.

    Randomly mentioning the confidences of one employee to another is a severe violation of trust. Secondary damage also occurs because the employee the manager shared the information with is not likely to trust the manager either.

    Employees don’t want to work with someone who degrades, belittles, or insults them behind their backs or to their faces. Developing a respectful attitude in the workplace goes a long way toward reducing stress and increasing productivity. It’s important for managers to lead by example, demonstrating acceptable attitudes and behavior.
  • Handling Multiple Currencies in Business Transactions Oct 11, 2019

    Business takes place on an international scale, and this means that the majority of business transactions taking place every day will cross over borders – and involve multiple currencies. Exchange rates present a potential nightmare for anyone new to international trade and it can quickly turn into a deal where you're losing out.

    Any business dealing with multiple currency transactions can easily affected by things like the Brexit impact on the Pound. Any business deal that doesn't compensate for the alternate currency, extra fees and the current exchange rate could be on the losing side of the deal.

    Preparation is key.

    Here's how to handle multiple currencies in business transactions.

    Choose One Currency for Reference

    There's good reason why platforms like Amazon give you the option to view all items and transactions in USD or CAD. When one currency is chosen for reference throughout, it's easier to calculate more or less what the value of the item is regardless of what your currency is.

    For legal documents and agreements, choose one single currency for reference: This makes it much less confusing where the conversion rate of one end of the deal is likely to change.

    Opt for a Good Broker

    Every serious business dealing with international transactions or currencies could use a reliable broker on their side. The broker keeps track of money going in or out, and ensures that it's put into the right accounts. Brokers can also assist with other financial issues common to people who are new in business, like questions about taxes, importing and where investment money should go.

    Monitor Any Changes

    Keep an eye on exchange rates and current markets, especially where it might be important to how much you could be getting out of the deal when it goes through. Drastic changes in the value of a currency can tel you a lot about the country's business and political climate as a whole – and many business deals have gone sour because the drop (or rise) in currency was too drastic.

    Always monitor market changes if you want to avoid being on the losing end of the deal.

    Convert Estimates

    There's good reason why it's recommended to choose one currency, often the stronger one of the two at the time, for any reference points in agreements. Is the deal worth this amount of dollars, or this amount of yen? Choose one currency for proper reference throughout your deals and documents, and convert any currency estimates into the ruling one before putting anything down on paper.

    Extra Fees?

    Depending on which countries the money comes from and goes to (and which financial provider is being used to shift the money) it might come with extra fees, usually a percentage and usually minimal.

    When moving larger amounts of money (as is the case with most business transactions), you'll want to make sure just which additional fees will be charged for you to move or convert the money.

    Asking before the transaction and including this information in the agreement can save both sides a huge headache or financial surprise.
  • How to Dress Professionally Sep 11, 2019

    You would think someone being interviewed on television would dress professionally, but unfortunately not everyone knows to do this. The host of a television show about my local job market was interviewing two women — one the chief economist of a regional business association and the other a newspaper journalist who reports on international business. The chief economist was dressed in a business suit and her hair was neatly combed. She sat up straight and looked at either the host or camera when answering questions. The journalist, by stark contrast, was dressed casually in slacks and shirt. Her hair looked wet, as if she had just gotten out of the shower or pool. She slouched in her chair and looked at her lap a lot of the time. Both women were very knowledgeable and had a lot of useful information to convey to the audience. However, I had more faith in what the economist had to say than I did in what the reporter said. Why? The way they carried themselves.

    Maybe the current trend toward casual dress at work has made people more lax about what they wear. In addition, many people work from home where there are no rules regarding dress. As a remote worker, I can tell you that I don't give much thought to what I wear while working at home. While I don't work in a bathrobe and fuzzy slippers, unless of course I'm working at 1 a.m., if it's good enough for the supermarket or picking up my daughter at school, I can wear it to sit in front of my computer. When I give a presentation, though, it's a whole different story. I try to look my professional best, in a skirt, blouse, jacket, and dress shoes. I make sure my hair and makeup are neatly done. In other words, I dress for success.

    Why You Must Dress Professionally for Certain Situations

    Maybe it's unjust to judge a book by it's cover, but we all do it. It's human nature. While the person in jeans may be as competent and as intelligent as the one wearing the formal suit, or more so, we do assess these attributes based on appearance. That's not to say you can forget about preparing for a presentation, put on a nice suit, and you'll wow 'em. All the ingredients -- knowledge, preparation, and appearance — are necessary to make a good impression.

    When you work at home or in an office where casual attire is the norm, it's difficult to get out of that role and into the role of the professional in front of the audience or in front of a television camera. But, if you want to make a good impression, it's worth the effort. Here's what you need to do.

    How to Dress Professionally

    Should you go out and purchase a suit for the one or two times a year you'll have to make a presentation? It's probably a good idea. You should buy something classic. After all, if you're only going to wear the suit a couple of times a year, you don't want it to go out of style too quickly. Women can probably get away with a nice skirt and jacket, while men can wear dress trousers and a jacket. There's also nothing wrong with a pant suit for women. If you're going to be in front of the camera, some special rules apply. Wear neutral colors — dark blue or grey are good, don't wear large or glitzy jewelry, but a watch will work.

    Now about your hair. Your hair should be neat and clean. Try to keep it out of your face. As for makeup (for you women out there), keep it simple. If you're going to be on camera, you should stay away from anything iridescent, frosted, or glittery -- matte is best.

    As your mother may have told you, sit up straight. When you slouch you look bored. If you're bored, how do you expect your audience to feel? You'll also look more confident if you're sitting or standing up straight. Look like you're happy to be there. Put a smile on your face. Don't fidget, bite your nails, or play with any jewelry you are wearing. Oh yeah — don't forget to breathe.