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Why Hire A Virtual Assistant

Why Hire A Virtual Assistant
Why hire a professional virtual assistant? There are good many reasons for business professionals to hire virtual assistants to help with their office tasks. Must-Have Tools for Virtual Assistants First let me list down 10 tasks a VA can do Schedule meetings and appointmentsOrganize inboxes and keep up with emailsResearch and travel plans for work and leisureProofread and edit proposals, emails, presentations and moreOrganize speaking events and travel details for busy professionalsCreate and maintain a social media presenceWrite, publish and promote an eBook or digital productsBuild and maintain a newsletterEvent planningTranscription and much more… Things to Consider Before Hiring a VA Is the hire financially feasible? Do they have reliable references? Do they have a reasonable turnaround time? Are they trustworthy? Are they easy to communicate with? Blueprint to Launch your own VA business A Comparison in Cost of Hiring Between an Employee and Virtual Assitant Employee Vs Virtual Assistant Picture Courtesy: VAnetworking How you can make work easy for both sides when you hire Start with a trial projectBe clear in your explanation and expectationsDon’t expect them to come to your locationKnow your budget and be upfront about it Five benefits of hiring a Virtual Assistant No need to provide an office or physical workspace– added costs are avoided.No need to provide expensive equipment- they are already equipped.Save your valuable time– that can be spent to develop or expand your business further and also to improve quality time with your family.More focus on critical issues – since the administrative tasks are handled by your VA.You enjoy peace of mind- knowing that your business tasks are being handled by an able...
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Is Car Leasing the Best Choice for Your Business?

Is Car Leasing the Best Choice for Your Business?
Maybe you are just starting your business and choosing a new car for it. Perhaps your company is so big that it needs multiple vehicles, requiring a fleet management company for your business. The same question arises – is it better to lease or to buy the cars you need? Both options have their benefits, but there are many things to consider before making a choice. These include tax implications, financial commitment, and also the question of ownership. Let us look at all of these elements that can be deciding factors when choosing between buying or leasing a car for your company’s needs. What is car leasing? Business car leasing is a form of a financial agreement between a business and a finance company where the business owner can essentially rent a vehicle for an extended period. This can be anywhere from one to five years, depending on the contract. When the lease term is complete, the lessee may either purchase the car or return it. Advantages of leasing a company car Lower costs and maintenance When choosing the option to lease, your monthly payments are typically lower than they would be if you were buying a car. For a relatively low initial fee, followed by regular monthly payments, you get all of the benefits of running a brand-new vehicle. This includes the full manufacturer’s warranty cover, which typically lasts for two to five years. Taxes Leasing can be an attractive option because many businesses can claim back part, or all, of the VAT. Exact figures depend on the VAT scheme that your company falls under but as a general rule, companies can claim back 50 percent of the VAT if a car is used for private and business purposes. Also, you don’t have to pay any up-front sales tax because you’re not purchasing the vehicle. Flexibility At the end of the lease, you usually get to choose between purchasing the vehicle outright, refinancing, or simply handing it back. Cons of car leasing Mileage limit When you lease a car, there will be a limit on how many miles you’ll be permitted to drive throughout the lease. If you were to exceed that limit, you would face fees that can be pretty hefty. Driving limitations Since you will have been the one to sign the lease agreement, only you would be permitted to drive that vehicle. While that doesn’t sound so bad, it may complicate business matters if you’re not around to operate the car. Ownership While the lease lasts, you do not own the vehicle. This means you won’t be able to sell it if the times get tough or do even smaller things like making modifications. Pros of buying a car Car as a business asset A vehicle that you buy becomes an asset. Because of that, you can decide to sell or trade it at any time. You are not tied into running the vehicle for a specific period as you are with leasing. Long-term investment Buying a car is a substantial investment. But, the longer you own the vehicle, the lower your long-term cost. Fewer limitations You can sell your vehicle anytime you want to or make modifications to the car. Also, you are not bound to a mileage limit. Downsides of buying a car for business Higher initial costs If you choose to buy a car for business, you’ll typically pay higher up-front costs because you’ll owe sales tax, title fees, etc. Also, our monthly loan payments will probably be higher than the lease payments. Deprecation Your car starts losing value as soon as it leaves the forecourt. A new car will have lost...
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How to Make Your E-Commerce Website User Friendly

How to Make Your E-Commerce Website User Friendly
Creating an E-commerce website that positively appeals to customers is tricky. When potential customers click on your site, you want to lead them to the shopping basket rather than the x in the corner. To do this, your goal is to make it as user-friendly and professional-looking as possible, and here is how you can do just that. Stay Simple The key to a professional-looking, easy to use website is to keep it as simple as possible. When it comes to your business, you will most likely want to show off everything you have to offer as soon as possible, but it helps to strip it down. On the homepage, don’t overload users with content. When it comes to description, you should keep it short and succinct, letting users know your purpose without bombarding them with a large chunk of text. Think about when you click on a website. Are you more likely to stick around if the information is clear and easy to read, or if there is a messy mixture of words and images overloading your eyes? Keep your customers engaged by keeping your website as clean as possible. A Clear Contact Page Your customers need to be able to contact you easily. This means your contact page must be easy to find, and when clicked on, the contact numbers, email, and address should all be clear. Use Chat Bots Customer service is an important part of an E-commerce site, and one of the cheaper and easier ways to provide consistent communication is the use of chatbots. Using AI, chatbots allow quick interaction with customers on your site. It means that you don’t have to constantly check messages to provide excellent customer service to your website users. Find Outside Help Building a functional, professional-looking website isn’t as simple as you would think. It takes time, creativity, and decent background knowledge of web development. Not to mention the ability to create engaging content. An SEO agency will help give your website consistent content to bring more users in and engage the customers who are already there. If you sell clothing, for example, your talent might not lie in content creation and website building, but not having them will negatively impact your sales. Finding a professional to help you could make all the difference in bringing you more sales. Use the Right Colors  Color is a huge part of the overall image of your E-commerce website. Don’t simply choose your favorite colors, and avoid making your site look like multiple rainbows (unless it directly ties into your brand’s image). Think about what you are selling and who your customers are. If you are a kid’s clothing website, for example, bright, primary colors would work well. Generally, the rule of three is a useful rule to stick to. If you’re struggling with the aesthetic, then a web designer will help you find the colors that make your website pop. By creating a clear, easy-to-use, and aesthetically pleasing website, you ensure more of your site’s users turn into...
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7 Reasons Why a Financial Advisor is Important for Business

7 Reasons Why a Financial Advisor is Important for Business
Planning is essential when you are beginning a new chapter of your life. Most people don’t start their journey without a proper plan. It is unusual to create something without seeking advice and taking appropriate steps beforehand. Many people question themselves, “Do I need a Financial Advisor for my business?”. To make money work for you, you need a prudent financial advisor by your side. A financial advisor helps you in building a road map to achieve your financial goals and also makes your contingency fund for any unforeseen needs that may arise. Let us first discuss who is a financial advisor and what is the importance of financial advisor. A financial advisor has the expertise of making the most of your initial financial investments in the business. They assess the viability of your business model and outline strategies for your path to profitability. Below are the ten reasons why a financial advisor is important and how they can ensure, accelerate and improve your business successes. Managing Cash Flow If you don’t realize how your monthly business revenue is spent, then you need to manage your finances better. There can be days with high cash flow and days with low cash flow. Many people fail to understand the variations like these and experience a cash shortage; this is the reason why a financial advisor is important. With a sound financial expert, you can maintain a budget to ensure the proper running of a business. Structured funding may help you to avoid consequences. Investments If you are unsure of your investments, then it’s high time for you to put your portfolio in order. Many people invest randomly without undertaking proper research on financial products. Also, investing in an ad-hoc manner leaves your investments challenging to track. With an appropriate financial advisor, these investments could be realigned to meet your financial needs. The right kind of assets can also be a constant source of cash flow to your business.  Finding the Right Asset A friendly and warm ‘cushion’ in the form of assets is desirable for everyone. You need to understand that most purchases come with liabilities attached. So, it is more important to determine the value of your assets. The knowledge of selling or cancelling the liabilities help improve your chances of matching the cash you have to avoid debts with minimal turbulence. A suitable asset allocation through a financial expert acts as a shield to protect from market volatility. Insurance In case of any future mishappenings in terms of business, the right amount of insurance can be a financial boon. You can claim the insurance amount to make sure your business is safe and smooth. Here is the reason why a financial advisor is influential because they will take into account your business enterprises, income, expenses and other goals to protect your liabilities, assets and finances. Setting Smart Financial Goals It’s not just the present that matters, future planning is also essential. Lack of careful financial planning might hinder the accomplishment of the financial goals set for your business. So, the importance of a financial advisor on executing the financial plan drawn is followed vigilantly and religiously to make your business a success. Savings It is good to invest regularly and wisely with high liquidity. Investing small amounts proves light on your wallet and reduces the burden of sudden financial changes defraying a considerable amount to throw you off track. These investments can be utilized in meeting financial goals and investing in the right investment avenues.   Ongoing Advice It is best to establish a long-term relationship with a financial advisor you can trust to meet the financial needs of...
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The First-Time Entrepreneur’s Guide to Wealth Management

The First-Time Entrepreneur’s Guide to Wealth Management
As a first-time entrepreneur, learning the ins and outs of your market, the business, and determining an effective strategy are all important keys to success. One aspect that is often overlooked by many first-time entrepreneurs, however, is a successful wealth management strategy. In order to remain competitive in the market that you are entering, you need to be financially ready. The preparations a business makes in its financial management strategy in the early stages can often be the reason why some businesses succeed while others fail. Proper wealth management is crucial to your success, so take the time now to become familiar with the concept and how you can apply best practices to your own business venture. Get to Know Your Financials The first step in proper wealth management is becoming familiar and comfortable with your current personal and business financials. Working with a financial adviser can be an important strategic step to take to make sure that you have everything in place in order to effectively start and operate a business. They can also work with you to understand your credit score, future wealth projections, and strategies for overcoming unforeseen expenses. When entrepreneurs go into business blindly without preparation, it can be difficult to overcome the debt that this forces individuals to incur. Setting your sights on the future and preparing for them now will help you tackle emergencies and challenges as you are faced with them. Read On: Brave New Life: How to Start an Agency After a Freelancing Career A resourceful article from TimeClockWizard that operates an extremely popular employee time management tool for small businesses. Be Agile With Your Costs A successful entrepreneur should possess the ability to remain agile in any situation. Adapting to changes in the market and being flexible with consumer demands are favorable traits that will help increase profits in the long run. In the presence of a situation, however, a business owner may be required to come up with cash quickly. Finding solutions to meet the demands of the market and your customers often requires strategic thought processes around ways to better manage your current costs. Because costs are often unavoidable and may come during the most unexpected of times, it’s important that during these times you utilize the resources around you. Making the right decision for your business could mean taking out a loan, seeking out an investor, or restructuring personal expenditures such as refinancing your home. Whichever decision you decide is right for you, know that there are many options to help you access the cash you need. Set Goals for Your Business Every entrepreneur has their own reasons for choosing to start a business. Likely reflective of their desire to do more with their personal passions and talents, becoming an entrepreneur is a goal that many hope to achieve. Once you have successfully completed your goal of starting a business, it’s important to set goals for your business as well. Setting egocentric goals of “becoming a millionaire” or “becoming the best at …” won’t help drive your business forward. Many entrepreneurs fall into the trap of thinking they will become rich or successful simply by starting their own venture. This can cause any business to fail as the most valuable stakeholders in a business venture often get forgotten. Your investors, employees, and customers are all important to helping your business achieve its goals. Working together with a cohesive vision that starts with smaller goals and leads to bigger ones will give you the best shot at achieving success. When setting these goals, be sure that they are specific, measurable, attainable, realistic, and timely – also known as...
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