Published on: 03 August 2018
Last Updated on: 08 August 2019
Stock trading is often associated with the popular mindset either with retail investors who dabble in trading on the side or financial services providers such as hedge funds. However, there’s a whole world of people and organizations out there that benefit from stock trading, and they’re not limited to these categories. Businesses that aren’t involved in trading financial instruments as their main source of income can also benefit from stock trading, and it’s actually a wise move for most people. Here, then, is how a business can enter the stock market and provide a sustainable second income stream for itself.
Keep on top of developments :
Running a business is a busy task: from hiring new staff to restocking the printer, there’s plenty to be thinking about. If you don’t have someone managing your business stock trades for you all of the time, then it’s definitely worth investing in a service that can help you monitor the markets and flag up any new stock opportunities that may be of interest, as well as any key market events such as data releases that could impact their value. Stock tips every week from an information provider are sensible, and it could mean the difference between a vibrant and profitable portfolio and a less successful one.
Work with a broker :
Buying stocks as a business will most likely require the assistance of a broker. This is by far the most sensible option to take as it means that you’re less likely to run the risk of getting ripped off or investing in a stock that turns out to be a dud. You may be under the impression that only individuals can sign up for brokers like these – but that’s not the case.
Many major brokerages make this process very simple: the online interfaces of most such companies allow you to specify your company as the buyer, and you can pick from corporation, limited partnership, limited liability company (LLC) and more. If you’re an LLC or a similar organization, then your operating agreement or constitution should probably specify who in the company has the authority to buy shares using company funds.
Get your goals right :
The main strategic job that you’ll have to do is work out what you want to achieve with your company investment. Perhaps you’ve got a lot of cash tied up in your company and simply want a better return than the bank, or maybe you’re hoping to build a larger income stream to fund a new branch or venture. Once you’ve got that settled, you’ll be able to instruct your broker to develop a risk profile for your firm and find stocks that match your requirements.
It’s not just individuals who have the ability to sign up for brokers and buy stocks but also businesses. By keeping on top of stock market developments and having a range of fixed goals, you can raise the chances that your company stock trading experience is a smooth and ultimately profitable one.
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When it comes to finding fun ways to advertise your business. It can be tricky to think of something that is unique, fun and impactful. Gone are the days of ‘swag’ is enough to win over the potential business. Forking out for a bulk order of pens with your company’s logo won’t work because, to be frank, people are bored of pens. What you need is something big, unusual and attention-grabbing. If you’re looking for a sure-fire way to grab the attention of passers-by and make your logo stand out. You should definitely consider inflatables. Whether you are preparing for a trade show, fun day or grand opening, giant inflatables are a fantastic way of drawing in new customers. And putting a smile on peoples’ faces while marketing your brand will only lead to good things.
What Type of Inflatables Should You Opt For at Your Business Event
While any type of giant inflatable is pretty much guaranteed to increase brand awareness due to the sheer size and quirkiness, there are a number of different types available, and choosing the right one will make all the difference. Here are just a few of the giant inflatables that can be custom made for your company these days:
Giant product replicas
What better way to show off your product than having an enormous blow-up version of it for everyone to see? This creates instant brand recognition and is the perfect solution to a product-specific marketing campaign.
Air dancers
Also known as sky guys (or ‘wacky waving inflatable arm flailing tube men’ if you’re a fan of Family Guy), putting your logo on one of these charming retro inflatables is a great way to catch people’s attention.
Inflatable archways
These are the ideal investment if you’re sponsoring a race; displaying your branding in a prominent yet non-obtrusive way that’s integral to the event. Having your logo overhead at the start of a race and visible in all event photographs will go a long way for your business.
Blimps
Often called inflatable airships in the industry, these helium-filled advertisements for your business can be hoisted up to 200 feet/ 60 meters in the sky and act as a homing device to attract potential customers.
Mascots
If your company has a friendly character as a mascot, whether it’s a friendly farmyard animal or a quirky monster. Make sure they’re always visible with an oversized inflatable version. This is especially great if you’re a family-friendly business; kids love them!
Buildings
Offer shelter from the elements in the form of domes, tunnels, arches, and cubes and you’ll find that people are happier to give you more time than under an exposed gazebo.
The type of inflatable you opt for will vary depending on the event and what your current marketing plans are. Whichever of these you choose, taking a ‘go big or go home’ approach to marketing at a business event will always guarantee that you stand out from the crowd and gain the best possible ROI of any promotional materials.
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The majority of retail businesses in the world are still dependent on extensive spreadsheets and excel when it comes to pricing strategies. Other than the fact that multiple spreadsheets can cause confusion and duplication, they bring down productivity.
This is why businesses are reinventing themselves and adopting technological innovations to improve businesses. One of the most successful tools that retail businesses are using in 2019 is ‘Pricing Tools’.
In this article, we will look at some major questions like-
What are Pricing Tools?
How can a pricing tool add advantage to your business?
How does the pricing tool help you automate different aspects of the price-fixing strategy?
What are the costs that you are going to incur when subscribing to a pricing tool?
What is a Pricing Tool?
A ‘Pricing Tool’ is a dynamic software, which helps businesses set up their pricing strategy in a dynamic manner. It helps in reducing duplication, accelerates the process in real-time and saves time, which can be efficiently used elsewhere.
If you look at a traditional business, you will find that fixing prices requires three or four people and extensive discussions. By using a pricing tool, you limit all the price related discussion to one workstation only. Modern businesses are adopting smart, automated and powerful pricing tools to improve sales, offer discounts in real-time and transform revenue goals.
An effective and useful pricing tool helps in streamlining the process. It also brings inefficiency into the process. For companies who want to adopt a strategic business plan for long-term growth and sustenance, a pricing tool becomes a necessity.
Advantages of using Pricing Tools:
The following are some of the major advantages of using a Pricing Tool for your retail business-
1. Saves Time that can be productively utilized elsewhere:
Real studies carried out by research agencies show that a good pricing tool saves up to 40 hours per week when it comes to determining to price. This reduction in time can be used to concentrate on some other aspects of improving the business.
2. Dynamic Price-Fixing at one go:
Most retailers fear days like ‘Black Friday’ rather than get excited about them. This is because they worry about fixing prices and attracting users. A pricing tool is very effective especially during holidays, festivals and special sales days. The dynamic pricing means that you need to concentrate just on sales and logistics and leave the pricing part to the tool.
3. Forecast sales and make accurate projections:
Most retailers make manual sales projections. However, there is scope for human error when doing this. A pricing tool through rigorous automation and analytics is able to accurately make sales projections and forecasts. This is an able ally when it comes to sales and marketing.
4. Integrate your ERP and Ecommerce on one Pricing Tool:
Most retail businesses are experimenting with Ecommerce aggressively. Retail businesses can also have other outlets and franchises. This means coordinating everything at one go. Fortunately, a pricing tool is able to integrate ecommerce and ERP in one single platform.
5. Improve sales and increase revenues:
Using an efficient, powerful and affordable pricing tool, which integrates three or four functions, is going to help you improve sales and drive up revenues. Bringing down the decision times, saving hours and eliminating errors is going to help you grow your business.
Can an Automated Pricing Tool Software help a Business effectively?
One of the major challenges, which any retail business faces, is tying loose ends. This means that there are so many verticals when it comes to sales and pricing that it becomes nearly impossible to streamline them all.
Until now, businesses were using traditional methods of working and fixing prices. They started using ERP but were unable to tie it to their other verticals like Ecommerce. Corrective measures that needed to be taken in case of an error delayed processes even further.
A pricing tool is able to blend five or six functionalities, all in one dashboard that can easily be monitored by one person alone. You can never imagine the asset value of something like a pricing tool. It aids businesses in a major way.
By helping, businesses fix projections, set goals and timelines it helps in giving unorganized retail businesses proper shape and character. This, in turn, improves productivity, decreases wastage and improves revenue figures.
Conclusion:
If you are looking to give your business a midlife boost, then you should definitely check out the best pricing tools on the market. Most software companies, which offer pricing tools, offer affordable plans and bundles that are negotiable.
Do let us know what you thought about the article in the comments section below. Do you really think pricing tools are an effective way to boost revenues for retail businesses?
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In today's dynamic business landscape, the demand for modern-day lobby spaces takes center stage. It represents more than just a conventional waiting area. These modern lobbies have emerged as indispensable assets, wielding profound influence over visitors' and clients' perceptions, promoting synergy among employees, and catalyzing overall productivity.
The Significance Of Initial Encounters
Your lobby, often the inaugural point of interaction for clients, partners, and potential stakeholders, transcends its role as a mere reception area. A thoughtfully crafted modern lobby sets a memorable tone for all ensuing interactions. It exudes professionalism, innovation, and meticulous attention to detail. View design ideas for your lobby to find the perfect one for the right first impression.
Manifesting Brand Identity
Modern lobby spaces offer an exceptional canvas for the manifestation and fortification of your brand identity. Through a deliberate fusion of design, branding elements, color palettes, and decor choices, you can sculpt a lobby that harmonizes seamlessly with your brand's essence and messaging. This harmonious alignment engenders brand recognition and forges a deeper emotional connection between your brand and its visitors.
The Showcase Of Technological Mastery
In an age characterized by technological prowess, modern lobbies offer a platform to exhibit your technological acumen. Interactive displays, touchscreen kiosks, and strategically positioned digital signage serve as beacons of innovation and sophistication. These elements transcend mere information dissemination; they actively engage visitors in immersive and meaningful experiences.
Streamlined Accessibility And Convenience
The contemporary lobby design places a premium on accessibility. Meticulous spatial planning, unambiguous signage, and the provision of accessible amenities elevate the overall experience for visitors and employees alike. This meticulous attention underscores a dedication to inclusivity and the utmost in customer satisfaction.
Space Optimization Mastery
In many business scenarios, space is an invaluable resource. Modern lobby designs excel in efficiency, artfully optimizing the utilization of available space. Through sagacious planning and the flexibility of furniture arrangements, lobbies ingeniously accommodate diverse activities without succumbing to the stifling specter of congestion.
Aegis Of Security And Safety
Security occupies a paramount position in contemporary business concerns. Modern lobbies are fortified with advanced access control systems, vigilant surveillance cameras, and visitor management solutions to instill an atmosphere of security. These measures transcend the mere safeguarding of physical premises; they imbue visitors and employees with a profound sense of confidence.
Adapting To The Changing Work Paradigm
The contours of the modern workplace are in perpetual flux, with remote and hybrid work arrangements emerging as commonplace. Modern lobbies deftly adapt to these shifting dynamics, offering flexible seating arrangements, readily accessible power outlets, and lightning-fast internet connectivity. This accommodation empowers employees to harness the lobby as a viable workspace as needed.
Forging Memorable Experiences
A meticulously crafted modern lobby possesses the innate capacity to forge indelible memories among visitors. Whether through captivating artwork, interactive installations, or distinctive architectural features, businesses can etch experiences into the visitors' psyche, leaving an enduring impression that reverberates and is eagerly shared.
Augmenting Customer Engagement
For businesses that directly engage with customers, modern lobbies present an opportunity to elevate customer engagement to unprecedented heights. Interactive displays, product showcases, and information-rich content avenues educate customers, respond to inquiries, and craft a more immersive and enlightening experience.
Catalyst For Business Expansion
The modern-day lobby transcends its physical confines to emerge as a strategic asset propelling business expansion. By conceiving a welcoming, innovative, and productive environment, businesses galvanize the attraction and retention of top-tier talent, impress clients, nourish collaboration, and, most critically, ignite the engines of success and expansion.
The exigency for modern-day lobby spaces within the ambit of business is not a mere trend; it stands as an inescapable mandate. Through judicious investments in meticulously conceived modern lobbies, businesses stand poised to outpace competition, adapt to the fluidity of evolving work paradigms, and catalyze growth in a business milieu forever in motion.
Enhancing Networking Opportunities Through Innovative Design
In the business world, networking is crucial, and office lobbies help garner opportunities for professional relationships and new connections. A lobby that is inviting and well-designed offers a hub for all kinds of networking conferences, events, and meetings. It brings together people from various industry backgrounds. Hosting these gatherings in lobbies creates an ideal environment for professional interactions, the exchange of ideas, and the set up of meaningful connections.
Touch Of Art And Decor In Office Space
Adding art to your lobby not only helps enhance the visual appeal but also an overall sense of distinction and culture. You can incorporate local art or something more urban to showcase whichever vibe suits your workspace and its members. Local art highlights heritage and talent while creating an innate connection between the surroundings and the establishment. Adding sculptures and other artsy installations serve as accents that enhance the aesthetic beauty of your space.
Your incorporation of art and decor into the workspace must be meaningful and have a purpose. Considering the target audience, location, and desired ambiance will create a visually inviting space that leaves an impression on each visitor.
Offering Amenities And Technology
Office lobbies are the first point of contact an outsider has with an organization. This makes it a crucial space for setting up a reputation and image. Your lobby could be simple organized yet welcoming in the most subtle ways. The lobby can help reflect the company’s brand story in its design. This helps businesses reinforce their brand identity, which leaves a lasting impression on the visitors.
Allowing your lobby to become more than just a physical space can help you take soft charge of your brand identity. Your lobby becomes a powerful tool to establish a positive first impression in the workspace. It will also help build credibility that will, in turn, drive potential clients.
Positive Work Ambiance
A well-designed office lobby creates a positive vibe in the workspace by making it inviting and comfortable for the employees. The lobby should feature seating areas for in-between comfort and lounging space for both employees and visitors. It will help brew impromptu conversations, which will, therefore, foster a sense of camaraderie and community in the workplace.
Wrapping Up
An inviting lobby atmosphere is crucial when it comes to creating a memorable first visit. Office lobbies must have a setting that is well-planned and matches the tone of your brand. You must focus on the mood, amenities, design, and overall feel of the entire experience. This will help you create an engaging environment that will leave your clients and visitors with a positive outlook about you and your organization.
First impressions are a key to business growth. When you prioritize a welcoming lobby setup, your business will ensure that guests have a good experience from the very moment they enter the premises. When you invest in the correct design, amenities, elements, and safety measures, you will be able to offer your future business acquaintances an experience they will likely never forget.
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