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Your 5 Best Options for Stock Investment

Posted by Felix Assivo on
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Business
Your 5 Best Options for Stock Investment

Looking into investing in the stock market? Here are some great tips for doing so.

1.      Growth Stocks

Growth stocks are a very appealing option for investors. As the name implies, these stocks should see significant growth, which means the return on investment will be higher. Many growth stocks are in the tech sector, but there are other options as well. Typically, profits go straight back to the business. That means that dividends aren’t paid out until after the growth starts to slow down.

There are definitely risks associated with growth stocks. Typically, the cost of these stocks is high when compared against the company’s earnings. If a recession hits, or if there’s a bull market, it won’t take long for these stocks to build value. The popularity of these stocks can evaporate overnight. Still, it’s common for growth stocks to perform very well.

If you plan on buying growth stocks individually, you’ll need to investigate the company before making an investment. This can be time-consuming. Furthermore, it’s important that your risk tolerance is high enough to compensate for the volatility of these stocks. Alternatively, you should make sure you’re willing to hold the stocks for a minimum of three years.

How the Risk compares to the Reward: Since investors pay a premium for growth stocks, they tend to be high risk. When the stock market is on the decline, these stocks can lose significant value. Still, many of the most successful companies in the world, like Amazon and Facebook were high-growth. If you’re able to invest in the right stocks, you could enjoy massive rewards.

2.      Stock Funds

If you don’t want to put time and energy into investigating stocks individually, you may want to look into some sort of stock fun. Both mutual funds and ETFs are worth considering. If you’re able to invest in a highly diversified fund, you’ll be able to put money into a number of high-growth stocks. However, since you’ll be investing in a set of companies, you’ll be taking on less risk than you would with individual stocks.

This is one of the best options for investors that want to see significant returns, but don’t want to spend all their free time on investing. There are other benefits associated with stock funds as well. Since you’ll receive the weighted average of all stocks within the fund, you won’t have to deal with the same level of volatility you’d experience if you put money into a handful of stocks or small investment trust.

Your stock fund will be subject to more volatility if you choose a fund based on a single industry. As an example, if all of the companies in your fund are a part of the automotive sector, the value of your fund will rise and fall along with oil prices. Diversified stock funds are generally your safest bet.

How the Risk compares to the Reward: It’s easy to invest in a stock fund, and it’s a great way to mitigate risk. Still, it’s not unusual for funds to see significant movement throughout the year. In years with more movement, gains or losses could be as high as 30%.

Overall, a stock fund is much easier to keep track of than individual stocks. Furthermore, since you’ll have investments with different companies, you’ll see more reliable returns. There are many benefits to putting money into a stock fund. Take a closer look at some of the top index funds in the post covid landscape.

3.      Bond Funds

Bond funds consist of bonds from several different issuers. ETFs and mutual funds can both be bond funds. In most cases, these funds are distinguished by the kind of bond within the fund. Factors like the issuer, the risk level, and the duration are all considered. If you want to invest in a bond fund, you’ll have many different options.

If a bond is issued by the government or a business, the owner will receive a specified amount of interest each year. When the bond reaches the end of its term, the principal will be repaid by the issuer. The bond can then be redeemed.

Bonds are already a low-risk investment, and a fund provides a greater level of security. Funds could include bonds of many types and from a range of issuers. This diversity means that a portfolio won’t see a significant decline if a single bond defaults.

How the Risk compares to the Reward: Bonds can see changes in value, but with a bond fund, there’s much more stability. There may be some movement along with interest rates, but bond funds aren’t very volatile. When compared against stocks, bonds are already a much safer investment option. You should keep in mind that certain issuers provide more security than others. Corporate bonds carry more risk than government bonds.

Bond funds generally have lower returns than stock funds. An annual return of 4 to 5% is common, but the return could be lower for government bonds. Of course, the risk levels are lower as well.

4.      Dividend Stocks

Growth stocks have a lot of allure, but more dependable options, like dividend stocks, also have a lot of appeals.

What are dividend stocks? They’re a type of stock that provides a cash payout on a consistent basis. This is an option for a number of stocks. Dividends are more commonly seen from well-established businesses that are less reliant on cash. Older investors are often drawn to dividend stocks. Since payments are provided on a regular basis, they can be a source of income. It’s also possible to earn more than a bond would provide if you opt for stocks that increase the dividend across a period of time. One option with a lot of appeals is REITs.

How the Risk compares to the Rewards: Dividend stocks provide much more stability than growth stocks do. However, these stocks can still see dramatic increases and decreases, particularly when the stock market is turbulent. Still, since companies that pay dividends tend to be well-established, these types of stocks tend to be safer. Of course, if a company fails to earn the money needed to pay dividends, the payout will be cut, which could cause the stock’s value to drop dramatically.

What makes dividend stocks so alluring is the payouts. The best companies offer upwards of 2 to 3% in dividends each year. Beyond that, it’s possible to increase payouts by 8 or 10 percent annually for a period of time. This means you can expect a yearly pay raise. You’ll often see high returns from these stocks, but they’re still below what you would see with growth stocks. If you want a more diversified portfolio, you could also look into a dividend stock fund.

5.      Target-Date Funds

If you’re not interested in managing your stock portfolio, you might be drawn to target-date funds. Since these funds become less risky over time, you can ensure that you can depend on your portfolio when you’re ready for retirement. In most cases, your funds will be invested in aggressive stocks initially and will be moved over to more stable options, like bonds, when your target date draws closer.

These options are commonly seen in 401(k) plans from employers, but it’s possible to buy them outside the workplace. Just specify the year you plan to retire in, and your fund will do everything else.

How the Risk compares to the Reward: With a target-date fund, you’ll see many of the same risks you would see with other investment options, like a bond fund or stock fund. The main difference is that your fund will become more conservative as time goes on. Initially, your fund may be more volatile, and your earnings are likely to be higher. Later on, it will be more stable, which means your earnings are likely to decrease.

Eventually, it’s likely that your fund will underperform the stock market. You’ll see less in returns, but you’ll know that your money will be safe. However, since yields for bonds are lower than ever, there’s a chance that you could outlive your funds.

To reduce your risk, it’s often recommended that you set a date that’s at least five years past your planned retirement. That way, you’ll be able to see more returns from stocks, but you’ll still benefit from the stability target-date funds provide.

7 Ways to Grow Your Brand On Instagram

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Business
7 Ways to Grow Your Brand On Instagram

Are you looking to make the most of Instagram and want to use it to grow your business? Here are some clear tips you can engage with to do just that.

1.  Finding the right time to post

The time you decide to post your content is going to have a big impact on how it performs. The decision of when to post becomes overwhelming for most because there are 24 hours in a day and seven days a week, which means they have a lot to choose from. If you want to avoid going through all that, it is a good idea to do a simple online search because it is going to help you in figuring out your content schedule.

Many social media management tools and social media blogs have already done the research and determined the best time to post on Instagram. This allows you to start posting on Instagram feeling confident without spending a lot of time and resources researching on your own. You shouldn’t depend on what they have recommended; it is a good idea to put in a little time because the audience is different. There are times when the time is opposite because of the nature of the audience. The data should become the foundation of the schedule, then you adjust the times you post then see which times work the best. Fine-tune your schedule until you end up with something that works well.

When you are starting out you can buy Instagram followers, be sure to take this into account with your analytics. Buying Instagram followers can be a great way to give your brand that initial push and really kick things off. Trusted sellers such as Social Plus are a great place to start.

2.  Being smart with hashtags

Hashtags are great when you want to reach new audiences on Instagram. But it is not enough to just choose random and popular hashtags. The hashtags are going to do so much; the good thing is there is a type of hashtag that is going to help you grow your followers on Instagram.

This type of hashtags is known as “niche hashtag”. This is a hashtag that focuses on a specific interest. A photographer in Los Angeles can use the hashtag #losangelesphotographer in addition to the popular #photographer (this has been used on more than 168 million posts). When you put niche hashtags on your posts, you are going to gain followers who are interested in your content and also increase awareness of your brand.

3.  Going beyond the typical post

Don’t limit yourself to photos, there are a lot of features on Instagram that will help you create a great experience for your audience. When you use features like IGTV and video, your followers are going to have more ways of interacting with your brand.

IGTV is great for trying out long-form content on Instagram and you will know how your audience prefers engaging with your brand. Don’t feel like you have to start by posting seven-minute-long videos. Start by posting a video a week, then seeing how followers interact with the video compared to your normal posts. The findings from this will help you update your strategy and make sure you are up to date.

4.  Make use of geotagging

Location is one of the most important things when it comes to real estate, but it is also important for your Instagram strategy. The geotagging feature is good because it allows users to store content at a specific location and tags. The coordinates are going to be linked with your content. This is going to make the posts more visible to users searching in that given location.

Geotagging features can be used beyond the standard posts. You are also given the option of geotagging through Stories or Stickers. Are you curious about where the brand is talked about the most? The Instagram explore feature to search your brand name or physical storefront if you have one. Go to the “place” option. Through this, you get to know more about the followers talking about you are from. You will know the reach of your brand geographically.

5.  Upgrading your photos

Instagram is mainly driven by visual appeal, which makes it important to ensure your photos are high quality especially when you are competing with other brands. You don’t have to have a professional camera to produce quality photos, your smartphone is good enough. Your phone can produce quality photos, provided you use it correctly. Most people on Instagram use their phones to take photos and videos, you don’t have to be a professional photographer to do it.

There are some tips you can find online that can help you improve the quality of your photos. The camera on the back is a good place to start because it is easier to steady your camera and the quality is also better. Lighting is also important, make sure it is not too bright or too dark. It is best to use natural lighting because it isn’t too overpowering.

Play with different angles to make the photos eye-catching to users as they scroll, and also balance your photos using gridlines. Don’t over-edit your photos before you post because people can easily tell that the photo isn’t real. You don’t need to do a lot of editing when it is a good photo.

6.  Partnering with other brands

It might seem counter-intuitive to work with those you consider your competition, but working with others can help you gain access to a different audience. When you partner with a brand on Instagram, you are introduced to a new audience through their followers, which is going to grow your reach.

If you have never partnered with another brand or are new to Instagram, don’t worry. It is not hard to reach out, and it is going to be the most important step. Start by identifying brands that your audience is most likely interested in. Make sure you double-check their brand value so you can be sure that their values align with yours. When you do this, you prevent issues coming up later that could harm the partnership.

Once you find a brand you think is a good fit, reach out to them and find out whether they might be interested in partnering. If you partner with another brand, take advantage of the new exposure by creating content that is going to showcase both of your brands. You can create a hashtag specific to the partnership, or a giveaway to get the interest of the followers. The goal of such a partnership is to promote both brands, which results in new followers that could be converted to customers.

7.  Gathering feedback using Stories

Most people love feeling the brand cares about their opinion, and this same can be said about Instagram users. Instagram has made it easier for users to easily get feedback, and one of the tools is Stories. Polls are great when gauging interest or the question sticker when you want suggestions from your audience. You get to learn more about your audience. The engagement is going to improve when you give your audience the content they asked for.

When you get feedback from your audience, use it to improve your Instagram content and engagement. This will help you gain more followers on your account. Consistently ask for feedback. Instagram changes fast, and it is important to stay relevant by asking for feedback from your audience.

Are You Classifying Your Employees Correctly?

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Business
Are You Classifying Your Employees Correctly?

With the talk about increasing the federal minimum wage, some businesses may consider trying the reclassify their employees. Is this a good idea to save some money? The Internal Revenue Service has tests that determined whether an individual is an employee or an independent contractor.  Marcelino Dodge, EA  discusses these tests and what the potential consequences could be for businesses that fail to properly classify and pay their employees in this special episode of The Tax Answers Advisor. The costs to your business of not properly classifying your employees can be very devastating if the IRS or a state department of labor does an audit.

Click here to listen to this important show.

Welcome to The Tax Answers Advisor

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Business
Welcome to The Tax Answers Advisor

The federal income tax code is thousands of pages of confusion for taxpayers and tax professionals. The Tax Answers Advisor is here to help navigate through the these turbulent tax waters. Marcelino Dodge, an Enrolled Agent since 2006, introduces himself in this informative hour of plain tax information and tax planning for anyone wanting to understand their federal income taxes better. This episode covers some common tax myths, tax software, what an Enrolled Agent is, Marcelino’s background, and much more. Tune in for the debut of the show that will help you to better understand federal income tax, The Tax Answers Advisor.

How to Make Money Investing in Number Plates?

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Business
How to Make Money Investing in Number Plates?

About 40 years ago, owning a personal car was more of a status symbol. It wasn’t as much of a need. People used to rely on public transport more than they relied on their private cars.

However, today, the face of reality is much different. Each household owns at least one car owing to various necessities and tight schedules.

We cannot afford to spend hours of our precious time on public transport. And for some, doing so is a huge concern in terms of reputation as well.

Naturally, the production and ownership of cars are increasing by the day. It’s not only giving rise to the car-selling business but the industry-associated businesses as well, such as number plate selling and manufacturing.

In actuality, currently, the most expensive number plate in the world costs around AED 38 Million. You can imagine the profitability of this business!

If you’re an investor and that figure sparked a gleam in your eyes, then allow us to dissect it further for you. Allow us to help you lay a path to that very figure (you could be a millionaire!!).

How to Invest in Number Plates?

Virtually

Investing in number plates is much simpler today. You can begin your business right away online!

To get started, you can get yourself registered on a relevant business site, such as newreg.co.uk, and set up your company profile or business profile. You can research, create, invest, purchase, and even sell on such platforms. These make your investing journey 10x easier!

Once you have your account set up on a relevant site, you can use digital marketing tactics to promote and market your business. You can take it to other social media platforms and gather an audience there. Once you start running ads for number plates for sale, you will begin gaining traffic.

Since there’s a lot of competition these days, it’s best to invest ample time in crafting your mission, vision, and operating mechanism. It will help you incorporate unique elements in your business that will help you stand out from the crowd.

Unlike brick and mortar stores, you will not have huge expenses to deal with. You won’t have to pay rent for storage, hire employees, or spend on paper advertisements. Instead, you can use the internet and profile to reach out to relevant customers. You may have to arrange a number plate machine or two initially. And may require room to store and operate it.

Physically

If you wish to become a number plate supplier or investor with a physical store in existence, then you’d have to take a longer route. You’d have to arrange:

  • A place
  • Employees
  • Legal Verifications
  • Physical and Online Advertising

Even as an investor, you’ll have to manage and look into these concerns.

Duties & Responsibilities

As an investor in number plates, you will have to abide by a few rules and laws. Whether you’re investing in a manufacturing business or buying prepared number plates, you need to ensure that your customer owns the following:

  • Driving License
  • Valid Passport
  • Police Warrant Card
  • Debit or Credit Card
  • Utility bill issued and paid within the last six months
  • Armed Forces Identity Card
  • National Identity Card

On your end, you have to provide the following:

  • Vehicle registration certificate
  • Certificate of Entitlement
  • Authorizing Documents

Whether you’re selling them large-scale or small-scale, you will have to keep a keen eye on the exchange of these documents for verification and business purposes. If you are to thrive and survive in the industry, you have to abide by the laws.

How to make quick money?

For quick maximum profits, we recommend:

  • Buy number plates with fewer digits (e.g., F1, D5, EE 2)
  • Buy number plates with labels of wide appeal (e.g., S1MON)
  • Buy number plates upon immense research. Choose the ones with unique, funny, popular, and appealing letter-digit combinations.
  • Compare the prices before investing anywhere. Study the market and determine if you’re spending more than you need to or not.
  • Instead of buying from third parties, buy number plates directly from the owner to save spending on commission.

Final Thoughts

Conclusively, we’d like to remind you that as an investor you’ll need loads of patience. You may have your number plates sitting in the storage room for a year or two, or even for years till they sell for a just price. Don’t lose hope and keep on investing.

10 Surefire Medical Reputation Management Tips

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Business
10 Surefire Medical Reputation Management Tips

Online reputation has a great impact on your business. It can make or break your business. Your online reputation determines how others see your business when they search for it. Online reputation management can help you in maintaining a good reputation.   Below are ten ways you can ensure that your healthcare practice has a good reputation.

  1. Audit Your Brand Name

Achieving a solid online reputation has something to do with knowing your competition. It would be best if you understood what other online brands are doing, so come up with a means of outpacing or outdoing them. People will go to the internet when searching for healthcare providers or hospitals. Reevaluate the information available online about your brand, noting the positives and negatives.

  1. Leverage Social Networks

It is not enough to have a social media account; you also must have a persistent presence which entails taking a proactive approach by being part of the conversations and sharing content. Set up Google Alerts for brand mentions to ensure you know when your name comes up in an online discussion. The alerts will also ensure you are part of the conversation and you can respond adequately. Please keep in mind that negative comments can dent your brand’s reputation if they go unchecked, more so when they originate from your social media network. It is best to use a positive countermeasure, a proactive strategy that will safeguard your name and online reputation.

  1. Tell Your Story

It is also wise to use it to build your brand’s image with an online social network presence. Furthermore, you can take advantage of social media to strengthen your overall online presence. You can achieve this by sharing/posting creative, relevant, positive content and linking them with your website and blog. Always present your brand as you tell your story, striving to establish yourself as an expert in your field. In addition, the material you churn out should generate responses from your target viewers, which will help it gain a higher search ranking.

  1. Encourage Positive Online Reviews

One of the most effective ways of snuffing out negative remarks and strengthening your online reputation is by aggressively promoting positive materials about the doctor’s profession. Encourage your medical faculty to share or posit positive reviews. The more such content you get, the less likely you are to get negative remarks that dilute your reputation. You also should monitor online reviews, which you can do using Google Alerts, Social Mention, and other tools. It is a tactic that ensures you are better equipped to counter negative content and mitigate its impact as you push the positives by responding promptly and professionally to all remarks.

  1. Never Disregard Negative Reviews

Some patients might not be happy with you despite your best efforts to be professional in your specialty. They are likely to post a bad review, resulting in significant losses in your medical practice if ignored. If such a remark bears some truth, own up to your mistake and contact the reviewer offline, proposing ways to resolve the issue. At times, a sincere apology can be what it takes to deflate or diffuse the situation. Moreover, avoid getting emotional because you might end up saying something regrettable. It is best to maintain your cool as you offer to handle the matter offline. You could make a loyal patient out of that disgruntled individual once you hear them out and address their complaints. They also could recommend your practice to their friends, family, and colleagues.  

  1. Earn Your Patients’ Trust And Respect

Today’s internet users rely heavily on online content to know who to trust when searching for products or services. The same is expected of people when looking for medical care. Patients want a healthcare provider that has a seemingly untainted reputation. Providing high-quality care is one of the vital starting points. People expect you to offer this, which plays a significant role in the bigger picture. Remember, sometimes issues do arise and it’s the way you rectify them that defines you as a business. Perhaps you’ll need a defense counsel to do so, however, you should always strive to make amends.

Overall, excellence should be your goal in every step of the care and other services you provide to your patients. Let their journey – from searching and find you to getting treating and leaving your medical facility be a fantastic experience.

  1. Do Your Best To Listen

Use your social networks as avenues for hearing what your patients are saying. You will get unedited voices that let you understand and relate to your audience’s voices, especially the unhappy ones. Pay closer attention to the feedback regarding your brand. Understand their complaints and concerns before rushing to fix the issues. That is who can repair the fundamentals and prevent such problems from arising in the future.

  1. Encourage Your Workforce To Offer Excellent Service

Patients will not always express their anger upfront, but you know they left unhappy when they stop coming back to your medical facility. They also can tell their friend, family, and colleagues about how your staff handled them, which can have a negative ripple effect that damages your business’ reputation. You should have health practitioners that understand the need for providing outstanding health care services. Such a staff play’s a crucial part in improving your reputation and bolster your business’ position as a leader in your niche.

  1. Develop Long-Term Reputation Management Strategy

Having a highly-trained staff that strives for professionalism will not fix your online reputation overnight.  It is best to consider a long-term approach, which is a process that demands commitment. Feeling frustrated when your reputation management efforts have little to nothing to show is understandable. However, it would be best if you did not forget that all the work you put into will have a long-term impact on bolstering your reputation. Some of the things you can consider in your long-term plans include setting patient care benchmarks, hiring qualified practitioners, providing staff training, and more. Overall, strive for realistic goals, exercising patience, and maintaining a level-head when facing challenges.

  1. Hire Reputation Management Specialists

Lastly, it is best to consider outsourcing your medical facility’s reputation management responsibilities if you feel overwhelmed. Many healthcare practitioners will bring onboard

professionals to help them handle their business’s online reputation by managing their online presence. Reputation management for healthcare businesses can be complicated but is worth the investment if you want to ensure your business’ name is untainted. Work with qualified professionals when trying to build your online presence and reputation.

5 Wise Tips For Buying a Business

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Business
5 Wise Tips For Buying a Business

To many, buying an existing business appears to be an easy task. It’s like purchasing a ready-made module rather than building one from scratch. It involves half the amount of effort.

However, one wrong decision, one uncalculated step could turn the tables. You may find yourself investing way too much time and energy, killing the whole essence of buying an established business.

Certainly, you do not want that. Neither do we. So, here are a few handy tips from the experience that could save you from the ultimate disaster.

1.         Know Your Business Skills

Before you seal the deal, question yourself: is this what interests you? Is this your field? Do you have enough command? Can you effectively deal with the current downfalls of your potential purchase? Or, if the business comes to face any of the predicted dangers, will you be able to deal with that?

Answer these questions, not only with yes or no’s. But also, with how? Once you do, you will unravel whether you have ample skills to take upon this business or not.

For example, some businesses demand the capability of constantly dealing with pressure. Some businesses have immense risks of huge blowouts. Some have a reputation crisis. Unless you’re purchasing a leading company, there are high chances that your purchase will have a major drawback that you must know to tackle. If you don’t, you may as well be paying for thin air.

2.         Get the Right Professional Advice

Once you have decided the domain you wish to explore, it’s to get in touch with professionals. Seek professional advice on the matter so that you may make a calculated, informed, and wise decision. Certainly, the professional will charge you quite a bit for this service. But you can consider this as an investment in a fruitful future.

In case you are wondering which professional you should reach out to, then a business broker may suit your interest. A business broker refers to a company or an individual that helps business purchasers with paperwork and investigations. They take up the responsibility of analysis and guiding you the right way in the industry. If you do not wish to trust a broker immediately, you can begin by doing your part of research about the processes at Net Lawman.

3.         Analyze the Legal Position & Documents

If a business is stable and running, it does not mean that the business is legally all fit and healthy. Many times, business owners figure alternate illegal routes to save themselves from paying heavy taxes that minimize their profits. And no, this deceptive move is not often visible on the surface. The business may appear the cleanest on the surface, but deep scrutiny will reveal the dark, hidden secrets.

For that very reason, we advise the ones purchasing a business to acquire all necessary information about the business beforehand. Get the documents verified and tested by relevant legal authorities. The documents you may want to check include contracts of the suppliers, paid taxes, employee agreements, insurance policies, etc.

4.         Don’t Hesitate to Negotiate

Even if you are a complete newbie in the business industry, you need not shy away from negotiating. Remember, sometimes even the brokers may try to suppress the possibility of negotiations solely to boost their benefits, so you must hold your ground firmly.

Participate enthusiastically in crafting the Letter of Intent, i.e., term sheet. And if the intermediary party does not initiate it, you should take charge. In this sheet, you settle terms and conditions with the seller about the assets and proceeding mechanism.

5.         Prioritize Assets Over Business Itself

Lastly, when purchasing a business, determine if it’s a corporation or LLC. If so, do not invest in the stock. Instead, buy the assets of the business and set up a fresh company. No, it wouldn’t be the same as starting from scratch. You could imagine this as starting somewhere midway.

Now, why would you do that? Well, that’s because such a measure will automatically be safeguarding the businesses’ intellectual property, as well as its material property. How so? If the previous owner has been sued by someone or has some negative charges, they will not apply to you since you will not have an inherited company. Instead, you will have a fresh one. The plus point is you can set up a brand new framework. Develop your own new rules. Make use of tools you like, such as TrackTime24. Manage staff as per your conditions anew.

Final Thoughts

Summing up, purchasing a business may not be as hectic as starting a business. But it is, surely, a sensitive process. If you fail to pay attention to the details, you might sign up for even greater trouble. Hence, we highly recommend abiding by the tips above. Good luck!

Top Tips For Using Instagram For Business Success

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Business
Top Tips For Using Instagram For Business Success

Instagram is one of the most powerful and underutilized marketing tools available in the marketplace. It happens to be one of the most popular social media platforms that’s out there. Because of this, it should hold a prominent place in your comprehensive marketing strategy. However, despite it being extremely user-friendly and innovative, there are certain things that you will need to know to get the best results from it. Here are some of the tips you should be using.

Post Regular Content

You will find that people begin to follow your account when they enjoy your content. Because of this, you want to post it more often. When you stop posting content, they are likely to un-follow you. After all, they are following you for the content you publish. Thus, you want to try to streamline content in a way that meets their expectations. Try to produce sufficient amounts of quality content to keep them entertained and engaged.

As someone who is an expert in your relative field, you should be able to craft quality content by leveraging your experience. However, you also want to ensure that you are making everything count. Instead of constantly posting captivating content or your best quality content, you can mix in photos of quotes, and other things. That way, you don’t find yourself running out of content and the content you do publish can hit harder. While you don’t necessarily need to post every day, you do want to try to post a minimum of every 4 days to ensure you are regularly engaging with your audience. You can buy Instagram followers to really help pump things up.

Posting any less than this is likely going to result in you losing followers. Keep in mind, you don’t want to post sporadically. People like to know they can count on you posting content regularly and on schedule.

Don’t Stick To The Same Content

You will find the Instagram platform is full of beautiful imagery. Because of this, you can try to get creative with your content. Ideally, you want someone that has a good camera eye. That way, they can examine it to ensure that it is of the best quality before publishing.

While you should be able to effectively reuse content if you are spacing it right, you don’t want to post the same thing over and over. However, you could potentially make subtle changes that will enable you to use the same subject in various contexts for the same result. You can alter things by posting a quote one day and then posting a video the next.

Your followers are looking for something with your content. They are either following you for interesting topics, entertainment, or educational content. Try to post a variety of different types of content to maximize creativity. However, Hootsuite suggests you don’t forget that you are posting on a business account. Therefore, you shouldn’t be using the platform to engage in topics of opinion. Keep everything related to your business or the industry you are operating in.

Reward Your Loyal Followers

It can be extremely difficult to keep your audience engaged in your content. Along with focusing on posting high-quality content, you should be looking to find ways to incentivize anyone that is following you. You can do this by offering special Instagram-only deals, promotional codes, or even competitions to keep them regularly tuned in and engaged with your account. This can help to ensure that you get regular eyes on your account and it will give everyone that follows your account good reason to consider sticking around. However, don’t turn your entire account into a freebie giveaway account. This will only draw those seeking freebies to your account. Instead, use this periodically for the best results.

Include The Right Hashtags On Every Post

You want to try to be certain that you are using the right hashtags on every post. Much like Twitter, Instagram uses hashtags to categorize the content. That way, people can find things and topics they are interested in. This can make your content much easier to find for others. For instance, if you are looking to showcase your cooking experience, you might want to include hashtags for your #bestrecipes according to Web Design Meath.

If you aren’t using the right hashtags or if you aren’t using hashtags at all, you will make it increasingly difficult for people to find your content. You want to ensure that you are using hyper-relevant hashtags, as well.

Be Extremely Social

Social media has its name for a reason. Being social is one of the most important parts of the process. You want to do more than regularly post content without following up. You need to be engaging with your audience and interacting with them routinely to grow.

You should be commenting, liking, and interacting with every visitor that finds your account. You could potentially hire a company to assist in integrating your social media accounts to ensure you can manage the accounts as efficiently as possible. You also want to be directing traffic from your social media to your website and vice versa.

5 Tips to Start a CBD Business: A Discussion with Joy Organics

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Business
5 Tips to Start a CBD Business: A Discussion with Joy Organics

Over the last 5 years, the cannabis industry has really grown. This is because cannabis is now mostly used for medical treatment. A lot of studies have proven CBD oil provides several benefits to people with pain conditions and chronic conditions.

It is now the best time to start a CBD business because the number of potential customers keeps increasing every year. Starting a CBD business? It’s time to check out Joy Organics.

The value of the international cannabis industry was $9.3 billion in 2016. The value is expected to increase by 34.6% by 2025. It is now the best time to get into the industry before a lot of people get into the industry. Here are the best tips for starting your CBD business:

1. Do Proper Research

If you are thinking about starting your own CBD oil company, you may know something about cannabis and CBD oil. If you do not know anything, you might want to start there.

You need to know the laws relating to cannabis in your state to ensure you do not get into any legal troubles. You will take the same steps as those for setting up shop, including getting a license, a tax EIN, and incorporation.

2. Create a Business Plan

You must create an actionable business plan and write down your business goals. You need to include the following into your business plan:

A marketing plan, including both offline and online marketing strategies

A plan for financing your business and getting funding

Your target audience

Products and services you will provide or sell

Sales forecast with reasonable timelines and steps for reaching your goals

You can add more factors to your business plan, but the ones mentioned above are the most important.

3. Use Top Suppliers

If you decide to either distribute or manufacture CBD oil, you need to choose a legitimate supplier. You must check where potential suppliers get their CBD to ensure you are working with a reputable supplier. Suppliers used to get their CBD in Europe. However, there are more hemp growers in the US these days.

Make sure you are getting CBD oil with a certificate of analysis (COA) from your supplier. The COA confirms the purity and levels of THC, CBD, and other chemicals in the product.

4. Create a Website And Use SEO to Optimize It for Search Engines

It is difficult to succeed these days without a professional website. It is easy and secure for users to navigate a website and purchase your products through your website.

You need to pick the best website platforms for your CBD e-commerce business. Create original and useful content for your website. And use SEO to optimize your website for the search engines to increase its rankings.

5. Build and Market Your Brand

Once you build your brand, you can now market it. Make sure you can answer the questions your potential customers may have. Answering their questions can help you build your reputation since your customers will see you as a CBD authority.

Use social media to promote your brand and use your website to build an email list. You can even follow online tutorials on how to promote a small business.

Use the advice in this article to start your CBD business. However, the advice also applies to other businesses in different industries. The most important thing is to create a good business plan and build a professional website. Then, use SEO to promote your website.

If you are looking for the best business tips for boosting your revenue and making your customers happy, visit the Small Business Brief blog for the best tips for small business owners.

Author Bio: 

Robert is an MBA graduate. He loves to write about tech and marketing. In his free time, he plays football.

How to Use Personal Bankruptcy to Help Your Home Business

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Business
How to Use Personal Bankruptcy to Help Your Home Business

Using personal bankruptcy can help a small business get rid of their liabilities and can help give them a fresh start. You may choose either Chapter 7, 13, or 11 bankruptcy depending on the situation of your company and your current assets.

Every business, however, is not in a position to file bankruptcy. There are several aspects to consider before a business takes this bold decision. For example, if you wish to keep your business open, have a sufficient amount of cash flow, and can make monthly payments, then Chapter 11 bankruptcy would suit your needs.

On the other hand, if you do not have sufficient cash flow and you wish to close down the business efficiently, then you should apply for Chapter 7 bankruptcy. Chapter 13 Bankruptcy is used if the sole proprietor wishes to keep the business running.

A wrong choice can have disastrous effects on the financial situation of the person under discussion. It is better to consult an expert in the field before filing a case. The first thing you need to consider before filing for bankruptcy is to see whether your business is in a partnership or is a sole proprietorship.

We will discuss bankruptcy options for sole proprietors, small business partnerships, and corporations and how they affect each party.

1.     Filing for Chapter 7 Bankruptcy as Sole Proprietors

If a business owner has decided to close down a business, then they can use Chapter 7 bankruptcy. This helps the business owner discharge their business and personal debts and erases their personal record, which gives them a fresh new start if they are looking to invest in new ventures.

This is not in the case of Chapter 11 and 13 filings in which a creditor payment is required. A time period of 3-4 months is required for the completion of Chapter 7 bankruptcy filing. Chapter 7 Bankruptcy may seem like the perfect option for home businesses that want to close down, but there is a downside that one cannot ignore – once you file for Chapter 7 Bankruptcy, your property will become part of the bankruptcy estate.

You will only be allowed to keep only the assets that fall in the “exempt” section. These can be your home, car, clothes, etc. For a filer, a Chapter 7 bankruptcy could mean they will be losing property and other valuable assets too if they will be filing for a Chapter 7 Bankruptcy.

Chapter 7 Bankruptcy allows business owners to keep a “service-only” business when they file for this type of Bankruptcy. This means you can save your business if you are providing a service such as a freelance writer, an accountant, a carpet cleaning service, replacement windows service, or if you are a handyman. A lot of states also exempt equipment that might be needed to provide these services.

2.     Filing for Chapter 11 or 13 Bankruptcy as Sole Proprietors

If you wish to continue your business even after filing for bankruptcy, then you can either opt for Chapter 11 or Chapter 13 Bankruptcy. You can choose between Chapter 13, Chapter 11, or Subchapter V depending on your debt limits. In most cases, you will be allowed to continue operations once you file for one of these Bankruptcies.

You should be able to have an adequate amount of cash flow, though, which can help keep your business up. The plus side is that you will not be giving away your property, which makes it easier to run business operations. There is a catch, though – you will be paying your creditors money, which will equate to the value of the non-exempt property via the repayment plan.

Moreover, you will need to prove that you are making enough money that will support your case.  In case you are unable to protect your business equipment as you are unable to pay the value via the plan, then Chapter 13 Bankruptcy is not a valid plan.

Chapter 11 Bankruptcy is quite similar to Chapter 13 Bankruptcy. A business that file For Chapter 11 Bankruptcy keep their assets and pay the creditors via a repayment plan. However, unlike Chapter 13, Chapter 11 can be a tad bit complicated due to extensive and continuous reporting procedures. Moreover, it tends to be extremely expensive for small businesses to keep up with such procedures.

3.     Filing for Chapter 7 Bankruptcy as Small Business Partnerships and Corporations

As a business closes down, there are multiple aspects that need to be taken care of. When a business is divided between partners, it becomes the responsibility of all the stakeholders to liquidate the assets and divide them between the creditors. If the small business has a large number of assets in its name, then using Chapter 7, Bankruptcy can make the process much easier.

There is an increased amount of transparency, and the closing down process can take place much more smoothly. Moreover, it lessens the chances of any creditors claiming fraudulent activities, and stakeholders have lesser chances of raiding the asses at the time of company closure.

4.     Filing for Chapter 11 Bankruptcy as Small Business Partnerships and Corporations

Since Chapter 13 is only available for sole proprietors. A small business partnership or corporation can file for Chapter 11 Bankruptcy if they wish to keep their business running and pay fewer debts. Previously small business was reluctant to file for Chapter 11 Bankruptcy as there was an increase in rights given to creditors along with increased legal fees. However, there has been a relaxation in this regard, and small businesses are given the option to restructure their debts.

What’s Next?

Whether your business is owned by a sole proprietor, partnerships, or corporation, it can be a complicated procedure to file for business bankruptcies. If you are thinking of filing one, then it’s best to take help from an advisor or an attorney who is well-versed in all the legal procedures regarding business bankruptcies and also you can listen to best podcasts on business. This way, you will be able to get financial reassurance and the best deal on the table for your home business.

Author Bio:

Arslan Hassan is an electrical engineer with a passion for writing, designing, and anything tech-related. His educational background in the technical field has given him the edge to write on many topics. He occasionally writes blog articles for London carpet cleaning.

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