Opt for the best Work From Home plans by network providers

Opt for the best Work From Home plans by network providers

This pandemic and the various lockdowns that followed alongside have made working from home a reality for all of us. Work from home is now not just about working professionals, many schools, colleges, and businesses have also shifted to a more online based approach.

This new work from home approach has been made possible because of readily available broadband connections that offer office like internet to your home, at all times. With superb internet speeds and round-the-clock stable internet, working remotely feels breezier than it has ever before.

Agreed, WFH can bring up its own set of challenges, but why should your productivity levels suffer over something as basic as internet connectivity and speed? To ensure you are always at your most efficient, opt for a broadband plan that offers you sufficient speed for your requirements today!

Is the switch to broadband necessary?

Getting a broadband connection should be high on your priority list if you work from home regularly. Frankly put, mobile data connection isn’t reliable enough when you have to work on multiple devices at the same time, and you also run the risk of running out of your data pack sooner than expected.

If you have a broadband connection equipped a WFH plan that takes care of all your needs as well as the requirements of all of your family members, then you get unlimited internet throughout the year.

Moreover, the internet speed on a broadband connection is always extremely stable and provides round-the-clock connectivity, so that you can WFH at any time, based on your convenience.

Zero in on the best WFH plan for WFH and yourself

A broadband connection can help you get speed that can reach up to 1 Gbps while connecting a large number of devices at the same time. However, the broadband speed, the number of devices that you can connect – all such factors depend on the type of plan that you choose for yourself.

Therefore, before you start searching for broadband near me on Google and get lost in the multiple offers that several broadband companies provide, you need to understand your basic requirements first.

In order to get the best broadband in Bangalore, Delhi, Mumbai, Kolkata, or any other city in India for that matter, it is always a good idea to see the number of members in your family, the total number of devices that will be using the broadband connection and how everyone around the house will use the internet.

The wifi price in India for basic plans, which usually provide 40 Mbps speed, starts from around ₹500 and the prices keep going higher as you add more speed or number of devices to these plans.

Additional benefits of Work From Home Broadband

The benefits of broadband can be easily observed and that is why they enjoy so much popularity. However, before subscribing to the broadband plan, it is also a smart idea to look if you can avail any further benefits alongside the WFH plan that you have chosen for yourself.

Well-established broadband brands, such as Airtel, often provide a host of extra features along with super-fast broadband internet and unlimited data. You can get year-long subscriptions to streaming platforms such as Amazon Prime Video, Disney+ Hotstar or others, access to faster medical services, unlimited music downloads and so much more.

With such a wide range of benefits that can truly revolutionise the way you work from home, getting a broadband connection seems like a no-brainer. Upgrade to a WFH broadband plan that meets all your demands and use the unlimited internet packs to get the maximum out of your professional as well as personal lives.

Essential Beauty Salon Equipment Supplies

Essential Beauty Salon Equipment Supplies

Archaeologists have discovered many items throughout history that suggests that human beings have spent time on personal grooming and taking care of their appearance for thousands of years. These days, not only women can be found pampering themselves in beauty salons; many men are also seeking professional treatments for skin care, hair removal, and improving their overall appearance. This makes beauty salons an attractive business concept as the percentage of the population interested in your services and products continues to grow.

However, starting a beauty salon is quite involved. Not only will you need to be knowledgeable about the latest treatments, such as the trend for thick eyebrows or applying Russian lash extensions, but you will also need to acquire several beauty equipment supplies. Although the items you need will depend largely on the treatments you offer, you can be sure that you will need all four items on the list below.

Beauty equipment supplies commonly needed for opening a salon

Beauty Couch

Regardless of how many treatments you offer in your salon, you will almost certainly need at least one beauty couch. A good beauty couch should have features that allow you to turn the device into many different forms – it is very convenient to be able to change it from a flatbed for massage into an upright chair for hair treatments, for example.

Beauty Trolleys

All hairdressers and beauty therapists will need a beauty trolley to work efficiently. Beauty trolleys are used to hold all the small items required during a beauty treatment or hairdressing sessions, such as hair clips, rollers, cotton wool balls, skincare products and the like. A decent salon beauty trolley will ideally be laminated for easy cleaning, and to avoid damage from chemicals, it should have castors for rolling and several shelves. Additional useful features are brakes and a peg where you can secure a lamp.

Electronic Muscle Toning Device

Electronic Muscle Stimulation (EMS) has become a popular beauty treatment in recent years. This is a therapy that makes use of electric impulses to contract the muscles on various parts of the body or face. EMS is most used as a treatment for atrophying muscles, but within the beauty treatment sector, it is performed to help tone muscles and therefore increases metabolism and decreases body fat. EMS treatment is most useful when combined with some form of physical training.

A good salon EMS device will have many sets of wires for treating several muscles at once. It should have elastic straps to hold the pads in place and have various programs to change the intensity.

Skin Analysis Lamp

If you offer any skin care treatment, you will need a skin analysis lamp. These allow you to effectively analyse the condition of a client’s skin so you know which type of skincare product should be used. A skin analysis lamp uses magnification and ultra-violet light to enable a therapist to see irregularities with the skin that are not usually visible. A beautician can spot any irregularities by taking note of the colour indicators on the analysis machine. For example, a purple colour indicates the skin is tender or healing; a red colour is a sign of inflamed skin; an orange or yellow signal indicates the skin is oily or the pores are blocked.

When Is It Time to Start Outsourcing for My Business?

When Is It Time to Start Outsourcing for My Business?

When your business is in its early stages, you may be able to manage all of its internal processes yourself. However, as your company grows, this approach will become unrealistic.

In order to better serve an expanding group of clients, many companies outsource some of their workloads. What and how much work you outsource will vary depending on several factors, such as your company’s size and industry.

With that being said, there are some surefire indicators that it is time for you to start outsourcing specific business processes.

There Are Not Enough Hours in the Day

As a business owner, occasionally feeling overwhelmed with the sheer size of your to-do list is perfectly normal. However, if you rarely (or never) get through all of your essential tasks in a given day, then it is likely time to outsource.

Even the most motivated entrepreneurs will experience a decline in productivity when they are overworked. Therefore, you must know your limits.

Contrary to popular belief, outsourcing does not necessarily mean that you will delegate a large percentage of your daily workload to third-party entities. You can start with small, affordable changes that free you to start focusing on tasks you are most skilled at. For example, a small doctor’s office may hire a medical scribe so that their physicians can spend more time interacting directly with patients.

You Are Ready to Expand But Don’t Want to Hire More Staff

Hiring new team members is a tricky business. If you bring in too many new hires too soon, these individuals will put a strain on your financial resources. On the other hand, if you wait too long to begin hiring, then demand for services may rapidly outgrow the capabilities of existing staff.

Outsourcing provides you with a great third option. Most third-party providers have scalable service packages. This gives you the ability to access much-needed resources without committing to additional full-time staff. If your needs grow behind the provider’s service, simply upgrade to the next available package they offer or seek out a new outsourcing partner.

Adding New Services Would Require Discontinuing Old Ones

As a business owner, there will come a time when you will need to discontinue old products or services to make room for new offerings. However, it is generally not a good idea to stop popular services or products during an expansion, as this may negatively affect your revenue stream. If your decision to expand forces you to shrink your service or product lineup, it is probably a great time to begin outsourcing.

Take a closer look at auxiliary business operations, such as customer service, account management, and other processes that are not directly related to the services you provide. Identify which tasks can be managed by a third-party provider to avoid dropping clients or reducing the lineup of services you offer.

When done right, outsourcing can reduce the stress that you feel on a daily basis. Outsourcing can also fuel continued growth for your organization. That’s what we call a win-win.

Do you need new Oil and Gas talent?

Do you need new Oil and Gas talent?

Hiring a new employee is an investment in your business that shouldn’t be taken lightly.

How do you know when hiring a new employee is the right decision? Where can you go for help?

It may be detrimental to your business to hire someone just to fill a vacancy rather than promote top talent. Also, you miss out on improving your company’s culture.

Below are some points of consideration to determine if you need new talent for your business. 

Expansion and the need for new employees

It may be necessary to hire a new employee if your current team lacks the particular skills needed like a fitter and turner for example.  

It’s always important to continue to develop your oil and gas staffing needs. You should invest in your long-term business strategy by hiring a new employee with the right experience in the area you need. 

You should keep in mind that it can take months, or years to train new staff. They will often be graduates with little experience. If they require specific training for a unique task that also draws time away from your current employees. 

One tip to look for when hiring new employees is to look for someone that not only has the required skills but is willing to share their skills and knowledge with your existing team. Collaboration is the key here. 

Your company is in the growth stage

Getting the right people on board as soon as possible is one of the most important steps to building your business. 

A candidate’s growth potential and LinkedIn network should also be considered as part of the hiring process at this stage. 

Look for a candidate who is excited about joining a new project and who will spread the word to a valuable network of friends and colleagues is what you are looking for. 

Focus on candidates that express curiosity, engagement, and a relentless drive to succeed, and remember that your hiring process is also a marketing tool for building your brand.

Your company is trying to reinvent itself

The key to reinventing your business, brand, and team is to hire new talent. This helps drive new ideas when building something new. 

You should consider candidates who think and act differently than the standard norms of your existing employees. 

Look into bringing some diversity into your recruiting process.

Where possible bring in industry leaders or top talents from other companies bigger than yours. They can then come and implement their existing knowledge into your business. 

Have a succession plan

Succession planning is vital to any business. The best time to start succession planning for your company’s leaders is immediately after they take the reins. 

Attending conferences, networking at events, or chatting with a competitor should always be included in your succession plan and recruiting strategy. 

When it comes to hiring top candidates, long-term relationships can mean the difference between signing an offer or missing out on top talent. You never know who’s watching you. 

Benefits of Implementing Master Data Management (MDM)

Benefits of Implementing Master Data Management (MDM)

What is Master Data Management (MDM) and why is it important to you, your clients, and your business? To get technical, Master Data Management is a technological process in which important business data is linked and streamlined into a single, master data directory. “Master data” can range from medical records, phone numbers, addresses, and various business applications: to put it simply, any form of critical business data. For help implementing Master Data Management into your own organization or learning more about how it works, reach out to the experts at Amitech Solutions.

Reducing Errors

Is it beneficial to have excess, repetitive information in your multiple databases? An address, phone number, or any private client record may be included in many various data caches throughout your business’ organizational programs. This can create problems if the data are out-of-date with one another, or are clogging up too much space in your systems. Master Data Management allows business processes to operate more efficiently by reducing and simplifying the redundant or incorrect data, filing the information into a single space for users to easily find.

Saving Time

As discussed above, data scattered through the many different systems, technical programs, and business applications of your business operations can make locating an exact piece of information difficult (or near impossible) at times. Backtracking through searches and having to use a process of elimination to find data wastes time; that’s never a productive outcome. In crunch time scenarios when time is of the essence, Master Data Management helps alleviate the time lost scouring your databases for a client’s needs and helps navigate through all of the combined programs to reach the specified target of stored information.

Data Surplus

As our technological data landscape evolves and the amount of data – and humans – grows exponentially, holding and organizing this acceleration of data is becoming quite the challenge for modern businesses. These additional data storages include “cloud” storage, edge computing, and traditional databases. Master Data Management contains the tools needed to efficiently contain and organize this ever-growing surge of information without becoming overwhelmed. This data surplus dilemma will only increase in the future, so it is important to act early. Here is how the world can meet growing data demand.

Summary

In conclusion, the positive benefits of Master Data Management (MDM) are numerous. Managing, organizing, synergizing, and streamlining the master data, applications, and other various tech programs infused within your business saves time and fixes common data problems.

How to Hire the Best Executive Assistants

How to Hire the Best Executive Assistants

Executive assistants make an important contribution to the success of senior managers when they work for them as their partners. 

Eventually, executives become so comfortable with their role that it becomes second nature. It goes without saying that they go above and beyond for their boss. 

Read the guide below for tips on how to hire your next executive assistant.  

Start with a unique job listing

Many people overlook this step, but it’s vital because the job posting is the sole means of attracting applicants.

Include a list of specific key responsibilities they will be responsible for: managing your calendar, booking calls, scheduling meetings, financial and data reporting, coordinating projects, the list goes on.

Are there certain expectations regarding education? Credentials? Do they require certification as a certified administrative professional (CAP).

Are interpersonal skills important? It’s essential that executive assistants possess resourcefulness, collaboration, adaptability, and the ability to think on their feet. It’s important that they have excellent oral and written communication skills.

Hire the experts for help

Using the services of executive assistant headhunters will allow you to find the right assistant faster. Recruitment agencies have a more extensive pool of candidates to choose from for executive assistant jobs. 

As well as vetting candidates faster, they keep you informed of the latest trends in administrative hiring and compensation. 

Start shortlisting

Look closely at the resumes and cover letters of candidates to determine if they possess the necessary skills and attributes. Don’t assume administrative assistants who have worked in an executive assistant role are ready to transition into this role. 

An executive assistant has the same basic core skill set, but he or she is typically expected to perform more initiative and problem-solving duties. 

Tune up your interview questions

Your questions should be asked in a manner that draws the most revealing responses. Here are five examples:

  • Where do you perform best at work?
  • In your role as an administrator, have you ever experienced a workplace conflict? And how did you handle it?
  • What are your strategies to anticipate the needs of a senior leader you’re supporting?
  • Describe a project you are especially proud of having managed.
  • At your current company, how have you saved time or reduced costs?

Trust your gut

When it comes to hiring an executive assistant, your listing of requirements and preferences should guide you during the selection process. You shouldn’t let one aspect of the candidate influence all your other judgments. Rely somewhat on your gut instinct. Ask yourself, are you able to be a true partner with this person?

References should be checked

Let candidates know from the beginning that references will be checked. During the interview, it’s important to verify the answers they give you. 

Furthermore, don’t hand over this task to anyone. You’re more likely to get an honest and detailed reference provided by someone at your level.

Offer the right package

In today’s competitive market, administrative professionals know they’re in the driver’s seat when it comes to getting hired. 

When polled, 55% of workers said they tried to negotiate for higher wages when they were offered their last job.

6 Steps to Creating an Effective Employee Training Program

6 Steps to Creating an Effective Employee Training Program

When you hire a new employee at your company, the first thing they will need to do is go through a training program to acquire the necessary knowledge and skills to perform in their role successfully. However, this isn’t possible if you, as a company’s founder or HR manager, haven’t created an employee training program.

In this article, we will go over the six steps you’ll need to do in order to create an employee training program that will effectively educate new hires.

1. Interview Current Employees

Before you create your training program, ask your current employees what they wish they had known before starting their jobs. See what they would have done differently or what they could have used more training in if you already have a loose training program set up.

Listening to this feedback is important because you’ll have firsthand accounts of what your employees and new hires need to be successful in their day-to-day roles.

2. Set Objectives

What are your objectives when a new hire goes through your employee training program?

Write down a list of topics you would like the new hire to learn and which tasks they should be able to perform after going through the program. Setting your objectives before actually creating the program and help you design the course more efficiently to hit each and every one of your objectives.

3. Design the Program

Now it’s time to design the layout of the course and the topics you’ll touch on. Think of this part as creating a course syllabus or outline. This should include everything your new hire will learn broken into chunks or modules for better organization.

It’s important to organize the topics in a way that makes sense. There should be a logical flow to the topics and go hand-in-hand with tasks they’ll be completing to get familiar with their position.

4. Teach Adults Like Adults

It’s easy to revert back to treating new hires as if they were students or children. It’s important to avoid this when creating an employee training program for adults. Keep in mind that they can process information faster and are more goal-oriented than a child in a classroom.

Also, remember that they are training because they want the job they’ve been hired to do. In turn, they are more excited to learn these new skills and topics.

5. Create Training Materials

Employee training programs often have educational materials that go with them. These include handbooks, presentations, pamphlets, and even instructional videos. No matter how you decide to get your message across, it’s important to have educational components included in the program.

Ej4 is an excellent place to start in gathering the right materials for your training program, especially when it comes to effective employee training.

6. Implement and Revise

Once you’ve finished creating your employee training program, you can start implementing it with new hires. The work doesn’t stop there, though!

Every six months or so, review your training program and ask new hires for feedback about what they liked and what they felt was missing in the program. This will help you revise it for future new hires and make it even more effective with each revision.

How to File your Business as an LLC in South Carolina

How to File your Business as an LLC in South Carolina

Starting a business will require pertinent documents and requirements that need to be filed right before your launch. Almost all states have the exact requirements and procedures when establishing an LLC. Like any other state, South Carolina is a potential place to begin your business venture, and in case you’re interested, you need to follow the process below to obtain all the essentials in building your LLC.

1. Choose your LLC name.

Since there are lots of companies in South Carolina, you need to distinguish your brand from them. You can do it by coming up with a unique LLC or company name for your business transactions. Make sure to add the LLC representation at the end of your name to comply with the state’s rule regarding trading names.

2. Assign a registered agent.

The state is always open to new entrepreneurs, but you need to be ready with a registered agent as this is one of the requirements. Your registered agent or resident agent should be residing in the state and have physical and PO box addresses. Your agent will be the receiver of the legal documents from the state and will be the bridge between your business and the government. You cannot establish your LLC without having an appointed registered agent.

3. Submit Articles of Organization.

Establishing an LLC will require you to file for Articles of Organization to the Secretary of State. This is a document where information such as your LLC name, address, members, type of management, shareholders, complete details of the registered agent, and signature is declared. It has a filing fee of $110, and you can either file it via postal mail or online.

4. Organize an operating agreement.

After filing your Articles of Organization, the next thing you need to prepare is the operating agreement. It isn’t compulsory, but the state is advising every business owner to prepare one. This is because it can provide another level of security to your business. This document typically includes the obligations, duties, and responsibilities of each member of the LLC. Likewise, it could serve as proof that your business is a separate entity.

5. Get your EIN.

If your LLC is composed of two or more members or plans to add employees in the future, an EIN is required. You can obtain your Employer Identification Number by applying at the IRS website. This is also important in filing or declaring your tax information.

Forming your LLC is such an exciting and proud thing to do. Although processing requirements might seem a little bit awry, it doesn’t mean that it would feel that way the whole journey. Likewise, going into a business venture will demand time and effort from you, and you should start this commitment in filing and organizing your business. Besides, you do not want to run your business illegally and lose all your investments in a blink of an eye just because you neglect to comply with the state requirements.

Grow Your Trucking Business With Freight Factoring.

Grow Your Trucking Business With Freight Factoring.

What is freight factoring? Do you urgently need money for transportation services and the freight bills are unpaid? Is it advantageous to use freight factoring and what are its drawbacks? What are the qualities of the best freight factoring companies?

Freight factoring.

This is when a business that deals with the transportation of loads sells its invoice to a factoring company. The factoring company takes a percentage of the invoice as their fee and the remaining amount is paid to the carrier. Different companies have different timelines for payment. Cash flow problems can force you to halt your trucking business and this will lead to great losses. A good credit score does not affect your chances of being funded since payment is dependent on the customer’s information. Freight factoring allows your business to get the necessary cash for:

  • Paying drivers in advance.
  • Fuel.
  • Insurance.
  • Repair and maintenance.

Reasons why freight factoring is right for you.

  1. The patterns of the cash flow don’t affect you.
  2. You can get unlimited cash and the amount grows with your business.
  3. Your credit line is not dictated by previous funding.
  4. Cash is made available to you on the same day.
  5. Approval depends on customers’ creditworthiness hence bad credit is not an issue.
  6. Fuel card programs and fuel advances are available.

Factoring process.

  • You delivered a load for a client who takes some time to pay back. You need money for driver’s pay, fuel, and other expenses but the cash flow is bad. You find a freight factoring company to offer a financial solution.
  • You scan, upload and submit your invoice to the factoring company.
  • The factoring company receives the invoice and processes it. Depending on the factoring fee charged, the amount deposited in your account varies.
  • The factoring company deals with invoicing, billing, and collection of debt from your customers.

Qualities of the best factoring companies.

  1. Industry knowledge.

They should know how the trucking industry operates and have experience in the management of receivables from companies like yours.

  1. Quality customer service.

The customer service representatives should have a vast knowledge of the industry and have experience working with companies in the same financial situation.

  1. Credit analysis and risk assessment.

The best factoring company checks the payment and credit histories of potential customers and monitors the financial strength of current customers. This helps business owners to know the viability and strength of their customers.

  1. Account receivable management.

The best factoring companies have a specialist on account receivable to contact the customer and ask for payment.

  1. Communication and reporting.

Communication is important to maintain a good business relationship. The best factoring company should have representatives to:

  • answer the phone.
  • respond to emails.
  • provide reports for online transactions of your accounts.
  1. Intagibles.

Check for online reviews and references from clients when searching for the best factoring company.

Types of factoring.

  • Resource.

The borrower gets low advance rates, low factoring fees, and takes responsibility in case the client fails to pay the factoring company on time. Your company buys back the invoice.

  • Non-recourse.

The factoring fee and advance rates are high and the borrower is not responsible if the customer fails to pay the debt on time. The charges are higher to cover risks.

Pros.

  1. You receive funds on the same day.
  2. The invoice is used as collateral hence bad credit history is not a problem. It is best for a start-up business with limited credit history for seeking funding.
  3. Cash in hand enables you to grow your business faster. This is because lack of money can make you turn down new business.
  4. The factoring company collects the debt from customers. This allows the trucking company to continue with the normal business operation without a gap in the cash flow.

Cons.

  1. For approval, you must have quality customers.
  2. The invoice should be payable within 90 days or less.
  3. The clients are notified of the change in payment address.
  4. The rates are higher compared to traditional bank loans.
  5. The costs of future deals increases if the customer fails to pay.

Conclusion.

Freight factoring ensures immediate cash flow allowing your business to grow further. This helps you to pay your drivers and repair the truck, meaning the business can go on as usual. Recourse and non-recourse are the two types of factoring. Freight factoring has several advantages and a few drawbacks that you should look into, to know if it’s the right path for your business. It is important to choose the best factoring company by considering the qualities mentioned above.

What Small Business Owners Need to Know During the COVID-19 Pandemic

What Small Business Owners Need to Know During the COVID-19 Pandemic

 

The rapid spread of COVID-19 throughout the world has changed everything we know about operating businesses, large corporations and small startups alike. As the economies of several countries have essentially shut down, you as a business owner must prepare for a tumultuous period ahead. Ensure that you and your business will emerge on the other side of this pandemic by gaining a thorough understanding of the CARES Act and securing your 401(k).

What to Know About the CARES Act

Weeks ago, on March 27th, the U.S. federal government passed the CARES Act, or the Coronavirus Aid, Relief, and Economic Security Act. This bill is intended to help businesses and individuals endure the economic insecurity caused by the coronavirus pandemic. This package amounts to $2 trillion and is the largest bill to have ever been passed in the country. Within the relief package is $350 billion specifically meant for assisting small businesses negatively impacted by the crisis. Below are some basic elements of the bill:

  • Paycheck Protection Program (PPP): Perhaps one of the most pressing issues you’re facing at the moment is retaining your employees. To help you to avoid having to lay off your workers, the PPP offers a special emergency loan (sourced now by an expanded network of lenders) that will be forgiven under the condition that it is used to maintain payroll, mortgage, rent, and utilities through the month of June. Eligible businesses include:
    • Small businesses with fewer than 500 employees
    • 501(c)(3) non-profits with fewer than 500 employees
    • Veteran organizations
    • Small businesses impacted by COVID-19 between February 15-June 30, 2020.
  • Small Business Association’s Economic Injury Disaster Loan (EIDL): Low-interest loans are available up to $2 million to help businesses re-stabilize during the sudden, massive loss of revenue. This existing assistance program has been expanded to accommodate more small businesses, including those that are smaller than $200,000. Eligible businesses include:
    • Small businesses with fewer than 500 employees
    • Non-profits
    • Employee Stock Ownership Plans (ESOPs), tribal businesses, and cooperatives with less than 500 employees

The federal government is also relaxing standards on taxation of small businesses in the following ways:

  • Taxpayers are now being allowed three additional months to file and pay taxes. Instead of the annual April 15thdeadline, businesses (and individuals) can now file taxes as late as July 15, 2020.
  • Businesses are eligible to receive a refundable 50% tax credit wages paid between March 13-December 31, 2020. Wages can be up to $10,000 per employee.

Businesses that are eligible for this aid include those whose operations were either partially or totally suspended due to COVID-19 and/or whose gross receipts were reduced by more than 50% compared to the same quarter of the previous year.

How You Can Protect Yourself and Your Business

Your 401(k) is essential to the assurance of stability in your future. Many business owners, especially those who have not yet had the opportunity to establish a solid 401(k) plan, have been hesitant to continue investing in such a plan due to the economic insecurity caused by the coronavirus. Although it may seem like the safer option, avoiding the development of a reliable 401(k) plan can put you and your employees at even greater risk.

There are numerous options available at affordable prices for the security of small businesses. Get in touch with an administrator today to get your plan started and protect your business’ future.