Flooring Options for Home and Business

Whether upgrading an existing room or furnishing a new room there are a great many parts of the room to consider. From what color to paint the walls and what materials to use when building them to what type of flooring would be the best option for the room there is a great deal to consider. These options can be especially tricky in a place of business or workplace where the safety is not only an advantage but a regulation mandated by a law or organization.

Flooring options are often mandated by such regulations and most require some sort of often non slip type of flooring. Non slip flooring has added benefits that go well beyond simply trying to follow these sorts of regulations. It can make the productivity and smooth operation of the business a reality. It can increase sales and decrease losses due to workers or customers not being injured and taking time out of the work day to tend to such injuries and the mountains of paperwork that go with them. However, finding the right option for what type of floor to use is sometimes a bit tricky and will take some leg work on the part of the business having it installed.

Perhaps one of the easiest options out there is to put non slip or anti-skid tape over existing floors. This can be especially important in areas where the floor may become wet or slippery as well as in high traffic areas. Non slip tape comes in a variety of sizes, colors, and widths and can easily be cut down to fit into any area it is needed. It can also be attached to steps or stools to keep anyone using them to keep them from losing their footing. Most types are highly adhesive and effective even in damp environments therefore they are likely to wear off due to traffic instead of peeling off from where it is stuck.

Another option for non slip flooring is anti-slip floor coating. This option is available in a few different types. One type is a brush or roll on type that will coat an existing floor with very little change or alteration to the color or look of the existing floor. It is important, however that this coating is applied to a thoroughly dry and clean surface in order for it to properly adhere to the existing floor.

Another option for anti-slip coating is a type that is laid onto a prepared floor surface. This type requires some prep work such as the surface must be dry, clean and free of debris such as flaking or chipping paint. There is sometimes a primer used on floors that are not considered able to be adhered to well, however the floor can be used almost immediately following the application of the anti-slip coating.

Some flooring options are naturally slip resistant. Any type of flooring which is even mildly abrasive, such as some types of granite and sometimes paint intended for cement floors can come with an abrasive already in it for the intent of making a floor slip resistant. These options may work well in a home basement or garage, however before relying on them for a business where workers or customers will be present it is advisable to check regulations in the area where they are being utilized.

A non slip floor is essential in the safety aspect of both homes and businesses and there are a great many options available to make a floor slip resistant. Homes will depend mostly on personal preferences, however businesses need to confirm they are following all regulations by the organizations that mandate safety aspects as well as ensuring they are doing everything in their power to protect their workers and customers.

Tips for Opening an Online Business

More and more people are turning to the Internet to make their living. This is because more people are getting laid off from their jobs and it is extremely hard to get another one when countries are in recession.

An online business can be quite profitable if you work hard at it. You will save money on the journey to work and one of the best things about it is that you can start work as soon as you get up. You could still be in your pajamas.

You do have to understand that having your own internet business is not easy money. You will have to work very hard at it and in the beginning months, you might not see any profit. You have to build a profit and be willing to make changes if something is not working.

Read on for some tips on how to build a business and make it truly profitable.

1. Have a good idea – To begin with, you have to have a good idea and you have to know how you plan to sell it. If it is an online store, then you should find a niche and build the business around that. There are so many online stores out there that you have to find that thing that everyone is missing.

2. Build the site – Once you have the idea, you have to start building the website. Take your time with this. If you don’t know how to build websites, then ask one of your friends if they know how to do it. Make it simple to begin with and when you start making money, you can hire someone else to build a more professional site for you. You should not be hiring someone in the beginning because you will end up in the minus before you have even started.

3. How are you going to produce the product? – During the website building process, you should be looking around for ideas on where to produce your product. If you are doing it from home, then you should be gathering the materials. If you are looking to outsource the manufacture of the product, then you should be looking around and getting some quotes for this.

4. How much is the product? – Once you have figured out the manufacture of the product, you should then be trying to figure out how much you are going to sell the items for. You need to include the cost of manufacture, profit and your fees in with the cost. Therefore you will be able to make a profit, pay yourself and the business will begin to grow.

5. Design a logo – You must have a company logo on your site. If you are smart, you will put the logo somewhere on the product as well. For this, it is recommended that your hire a graphic designer for the company logo. Some companies will be able to do the designing for you, for less than $100. In the time it would take you to figure out how to design and draw the logo yourself, it is well worth the money to hire someone else. You should use the money from your first profits to get the logo. That way, you won’t go into debt and you are investing your first profit, in the business. It makes good business sense to do this.

If you have followed the steps above, you should be well on your way to a profitable business. You will have problems but as long as you deal with them calmly, you should be OK.

Believe in the Business of Your Dreams

What is stopping you from believing in the business of your dreams? Insecurity? Fear? Lack of confidence? All of the above? How can you overcome these obstructions?

Your Mantras

You may be wondering if you have the necessary skills, time, connections, and a million other things in order to create the business of your dreams. If you let your uncertainty and insecurity overpower you, you won’t ever be able to unleash your true business potential. To unlock the positive forces of your creativity and drive that will yield amazing results, make these your mantras:

”I will abandon all negative thoughts that prevent me from realizing my business objectives.”

”I will focus my energy on growing the business of my dreams.”

A Dreamer and a Doer

It is important to take time to develop your vision; and your practical thinking should be geared to this vision. You need to work with conviction. Being a dreamer does not mean that you can’t also be a doer. In fact, having a dream is the starting point for building your dream business. The problem starts when you stop there instead of setting realizable immediate targets. Success cannot come from one day to the next. So you need to build your dream business bit by bit. When your dreams begin to be transformed into reality thanks to your actions, you become aware of the power you possess for catalyzing success; and this further strengthens your determination to reach every single one of your business goals.

Make It Happen

Nothing can happen without tenacity, fortitude, and courage. Be bold enough to make choices; don’t just let things happen to you. Though you cannot have control over everything, you can focus on what you can handle and influence with your actions in a given situation. You have the power to make decisions that will move your business forward. You should not feel daunted by your lack of knowledge of business strategies either. You learn and grow while building your business. No women entrepreneur/mompreneur possesses absolute knowledge; there are so many examples of hugely successful businesswomen who started out without having any clue about business promotion techniques. Their motivation to learn, their unwavering belief that they could create the business of their dreams, and their steadfastness were key factors for their success.

3 Online Home Based Business Ideas

Online Home Based Business Ideas

Succeeding with Home Based Work is becoming more achievable each year with online tools and solid advice. First, you need to have a strong command of the English language to acquire home based work with a North American company from anywhere in the World. Accompany this with your knowledge of computers and various software secondly, and you are on your way to achieving home based work from anywhere in the world.

The following ideas will help find the home based work you are looking for.

1. Surveys.
Completing surveys is one of the lucrative options you have when it comes to work from home.

Cons: Be aware that not all survey companies are established and trustworthy. A clue would be survey companies that ask for money prior to taking part in their surveys. Another caution would be companies that offer points toward winning prizes as opposed to paying an amount of money per survey.

Pros: Far more reputable companies exist and grow stronger each year. Reputable survey companies do not charge a red cent to send you surveys. These survey sites will act like middlemen, giving a list of market research firms willing to pay cash for your opinions. The best of the best state straight away the amount of money offered and the estimated time to complete the survey(s). Stick with these and you can make legitimate cash ongoing as they store your data, making it quicker each time to complete the survey. Once you are established in their database, they will email you when new surveys become available. (this can be several times per day)

2. Freelancer Writer.
Numerous websites offer a landing place for you to start your freelance writing career.

Pros: A freelance writer works whenever and wherever they wish. In fact, a freelancer is their own boss because they bid on the home based work that interests them and work whatever time of day they wish. One of the best things about freelance websites is that freelance writers do not need a Bachelor’s or Doctorate degree to get work in such sites; however, writers with higher education are very welcome varying on the topic. The freelance writers with the higher education and the strongest grasp of the English language can earn higher fees by their education and skills ranking their writing higher. If you can write well in English, you can start writing articles.

You can easily make some cash writing and often payment options are really flexible. The most efficient companies will pay you weekly, or on the 15th and on 25th every month. These website are serious and may be an option you wish to consider when deciding on home based work. There are many categories and a multitude of articles at all times.

Cons: Initially, you may only be allowed to write one article every 40 minutes, but companies will erase this limitation when you get a few reviews. Elite writers, as described in the above paragraph, make the most money, according to the company’s rating system.

3. Video Creation
Get paid to create videos as home based work.

Pros: One of the best things about these website is that many video creators are paid per video view. This area of income generation has grown huge over the years and there are a multitude of opportunities!

What Your Business Is Missing

Trees are magnificent. They root themselves deep in the earth. They grow tall – twenty, thirty, forty, a hundred feet, or even more. And they come from a single seed.

An acorn caught my eye recently. This acorn was usually large and I started thinking.

As I picked it up the first thought that came into my head was that everything an oak tree needed to grow 60-feet tall was in my hand. My thoughts went to the business owners that I work with and how they constantly struggle thinking that they need more to be successful when, like the acorn, they already have what they need.

But is it true? Does the acorn really have everything it needs?

No, it doesn’t and neither do you.

An acorn needs water. It needs soil and nutrients. It needs space to spread its branches and room to grow its roots.

An acorn is resilient yet balance is necessary.

Too much water can drown it. Too much sun or fertilizer will burn it. Lack of soil or space and it will never take root or grow. Too many branches will sap its energy.

As the acorn grows it is continually challenged and must be exposed to risks. It can’t hide from the sun even though it might get burned. It can’t hide from the winds or snows that could tear its branches down.

And what about you?

Wherever you are in your business you already hold the seed to your future.

You already have the potential to grow and develop into whatever you want. Now it’s up to you to decide how you will care for that seed.

How will you care for it? Will you water it or will starve it? Will you give it space to grow or will you ignore it? Will you ask for help when you need it?

The choice is yours.

Your Business Can Access Working Capital

The number one reason that businesses fail is due to insufficient capital (they run out of cash). According to Bloomberg 8 out of 10 business owners fail within the first 18 months. Another 50% fail in the first 5 years. Other reasons businesses fail include; lack of experience, bad location, entering over saturated markets, over investment in fixed assets, unexpected growth and poor credit arrangements. Let’s add one more to the list; not knowing where to go to access working capital.

Most businesses owners invest their own personal money to keep the business going. Some will go to friends and families. Some will try the bank. But if you don’t have a lot of assets to pledge, a proven track record, a good credit rating or are not yet profitable, the chances are the bank is going to turn you down. So where do you go to get a loan to take your businesses to the next level?

There are private companies that will provide a loan to a business that has daily cash flow, as long as some basic requirements are met. A business owner does not have to pledge assets or have a great credit rating. There are viable financing alternatives, to receive business funding that are not considered loans. Business funding programs do exist where you are not required to pledge assets, have great credit or a long proven track record. A word of caution, do not expect to get the same rates you would get from a bank. These private lenders are taking on more risk than a bank, so a higher return on their investment is expected. Some of the available business financing options include, a Merchant Cash Advance, a Small Business Loan, Purchase Order Financing, Invoice Factoring and Supply Chain Financing.

Merchant Cash Advance

If your business accepts credit cards and debit cards there is a program called a Merchant Cash Advance that has very high approval rates. A business owner does not have to sign personally or have good credit. A Merchant Cash Advance is not a loan but rather a purchase of your future credit card / debit card receipts. The advancer will buy a future amount of credit card receipts / debit card receipts at a discounted rate. A small portion of a businesses daily sales will be taken by the advancer until the amount is re-paid. Typical payback is 6 to 10 months.

Small Business Loan

There is a small business loan available for business owners. The lender is more concerned about a company’s daily cash flow then about credit ratings and the ability to pledge assets. The business owner does not have to sign personally. This small business loan has very high approval rates, with some basic requirements for funding. The lender will take a small fixed amount of daily sales until the loan is repaid. The term of the loan is one year.

Purchase Order Financing

Has your business been working on landing a large contract? Congratulations you just received that long awaited purchase order. As you admire your new conquest you see some small print with the words Net 30, 45 or 60. Your business may have a cash flow issue. Vendors and payroll may have to be paid before you receive payment from your customer. If your business does not have enough available working capital or access to working capital to wait to get paid before you have pay your vendors and staff then what do you do? If your purchase order is from a reputable company then your business may be able to receive a cash advance against that purchase order. The purchase order itself is a legal agreement to purchase a product or service from your company. A lender will know that the customer will pay as long as you fulfill your end of the contract and advance you enough money to ensure you meet your contractual obligations. A lender will be concerned with the customer’s ability to pay, and your ability to fulfill the contract. They will not be as concerned about a businesses credit rating or the pledging of additional assets.

Invoice Factoring

A company can be profitable and still go out of business due to poor cash flows. What a profound statement. A cash flow gap can be created when a customer pays slower than a company has time to pay its employees and vendors. The company is waiting for customers to pay before it can pay its own expenses. This can be a very serious situation and cause a profitable company to go out of business. Fortunately there is an alternative financing solution called Factoring of Invoices.

Factoring invoices is a business financial transaction where by a business sells its accounts receivable (invoices) to a lender (factoring company) at a discount. For this type of business financing there are three parties involved. One is the company that provides the service or goods to the customer, two is the factoring company that will provide the company with an advance, and three is the end customer that received the goods or services. When the company provides goods or services to the end customer an invoice is created. That invoice is then purchased by a factoring company at a discount. The factoring company will advance the company a large portion of the value of that invoice.

The end customer will then pay the factoring company directly the value of the entire invoice. When the end customer pays the invoice, the factoring company will send the remaining amount of the invoice minus a small fee to the company that factored the invoice. Consider the following scenario: A company completes a service or sells goods to an end customer that typically takes 30 days to pay. Almost immediately after the transaction happens a factoring company will advance the company a large portion of that invoice. The company now has most of its funds available, almost immediately, to pay it’s suppliers, complete payroll or what ever else they would like to do with the funds. Once the end customer pays the invoice the remaining amount is forwarded to the company minus a small fee. Factoring of invoices can help out tremendously with cash flows, especially if a company is in a growth period. Factoring companies are not as concerned about the companies credit rating as they are more concerned about the customers ability to pay.

Reverse Factoring or Supply Chain Financing

This method of business financing is much like invoice factoring. The difference is, traditional factoring is when a supplier chooses to factor the invoices to their customers but with reverse factoring or supply chain factoring, the customer initiates the factoring to help their suppliers to finance their receivables. Reverse Factoring or Supply Chain Financing can be an effective way to improve your cash flows. The benefit to both parties is that the company providing the goods or services can get the outstanding value of their invoices paid very quickly and the ordering company can delay the payment of the invoices, thus improving their cash flow position.

Finance Solutions For Companies Venturing In The Import Industry

Importing pertains to the process of bringing in goods or services from another country. They come from foreign countries and are usually brought in for resale. Many companies find this type of business quite attractive since the products or services from other countries are really affordable and they can be resold for a nice profit margin.

Although the process of importing and reselling goods seems like a simple concept, entrepreneurs who are considering starting this kind of business will have to overcome various hurdles. One of these is finding the right financing solution.

At present, there are various finance solutions or methods you can choose from. The most recommended one by finance experts are:

Factoring in accounts receivables.

Also known as asset-based loans, this method involves selling your credit accounts or accounts receivable to a bank, lending company, or other financing institution. Accounts receivables are usually sold at a discount, between 80-90% of the face value of your credit accounts. An advance payment will be given to you by the factoring company, about of 2-3%, for the accounts you would normally have to wait on for payment.

Purchase order financing.

This method has similarities with asset-based loans. The main difference with this financing solution is that you take your invoices or purchase orders and assign or sell them to a financing company. This company will then assume the risk and the task of billing and collecting. When the goods are produced, the financing company collects the payment from the customers, takes its cut of the proceeds, and pays you the profit. This option is highly recommended if your profit margin is high enough on the goods you are importing. Having a good and reliable supply chain and creditworthy customers are important factors to consider as well.

Inventory financing.

Although inventory financing is an expensive solution, it is still a highly effective way of financing an importing business. Under this method, you will have to use your present inventory to secure a loan that will permit you to buy the imported goods your customers want or need. Because of this, you can effectively increase your inventory without impacting your cash flow. However, with this option, it is crucial to make sure that you can service or repay your debt. Inventory financing comes in three types: blanket inventory lien, floor planning, and field warehousing. Choose the type that best meets your requirements.