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Showing posts from December, 2018

[ADV] All You Should Know About Progressive Die Stamping

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Progressive die stamping is a type of manufacturing process that is used to cut and form products using a die. The precision stamping die is progressive in nature which means the raw material is pressed simultaneously and sequentially through a series of stations that work on the material until the desired shape is obtained. Progressive die stamping is different compared to transfer die stamping, which transports material from one station to another to work on the part. It is typically used in larger part production using multiple presses such as automobile fabrication. Progressive die stamping on the other hand is preferred for larger volume production of smaller parts. Working Detail. The progressive die stamping set-up can be detailed as follows, the die is fitted in to the stamping press, when the press moves up the die is in open position and when the press moves down the die is in closed position, the raw material in the form of a sheet, typically a metal is fed using a coi...

How To Stay Safe If Your Company Gets Sued

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No one plans to get sued. But sometimes, the unexpected happens. There are a lot of reasons for this and the response to a lawsuit is going to depend upon the nature of the claim made against your business. As a business owner, it is your responsibility to do everything within your means to limit your risks. In order to keep the business running smoothly and have a legal contact, business owner should interview attorneys. Attorneys guide the owner if his company gets sued. Marc. A. Johnston of  Johnston Law Firm, P.C.  – a dedicated Portland lawyer who remains committed to serving his community – shares a few tips in order to stay safe if your company gets sued: Hire a competent attorney. Owners should attempt to secure the attorneys that are familiar with the local laws and customs in the area in which the business operates. An attorney would help you before any action and will also help to react when being sued. Settle the case. If your company is sued, you can m...

Greatly Improve Your Real Estate Business By Using Blockchain Technology

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If you’re fresh in the commercial real estate (CRE) industry or are a seasoned veteran, you definitely know firsthand how cutthroat and utterly unforgiving this business can be. And though many of you may cringe at what I am about to say, we all know it’s true to a certain degree: when consumers think of the least trusted professions, real estate agents fall right in with Congress, telemarketers, and, sadder yet, car salespeople. But if you think being placed in the same barrel with those personae non-gratae is bad enough, when asked to list the most trusted to least trusted professions, real estate agents ranked lower than the notorious and abominated groups such as attorneys and bankers! Though putting the real estate profession below bankers as the least trustworthy seems a bit overkill, when we examine the industry’s track record, it’s not a pretty picture. As a matter of fact, it’s not even Photoshopable at this point. But what if I proposed a way for you, an individual who ha...

[Interview] Donato Sferra Of Toronto’s Hillcrest Merchant Partners

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Toronto’s Donato Sferra comes from a working-class background and credits hard work for a large part of his success as a financial services executive. Building extensive experience in the financial service industry over a twenty year career, Donato Sferra began his financial career as an equity research analyst at TD Securities, specializing in auto parts, solar and automation. Sferra followed this by spending two years at Pinetree Capital, a small-cap focused firm and an angel investor in the mining, energy and technology sectors. After a stint at Macquarie Group as director of institutional sales, he moved to Dundee Capital Markets, eventually becoming the managing director of investment banking, where he worked in the cannabis, mining, gaming and tech industries. Today, Sferra leads Hillcrest Merchant Partners, a Toronto-based merchant bank and venture capital firm focused on early stage and mid-market growth companies, which he co-founded with fellow managing partner, Mark Atta...

5 Problems Entrepreneurs Face In The First Year

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Entrepreneurship isn’t for the squeamish, cautious, or faint-hearted. It’s a rollercoaster of emotions that will quickly squash anyone who isn’t up for the challenge. And while great successes can be enjoyed, they typically don’t happen right away. Struggles, failures, problems, and friction are very common in the early days. The road to entrepreneurial success is littered with stumbling blocks and potholes. As you launch your startup, be prepared to face the following: 1. Product Validation. “I’ve seen many startups rush into development of an idea before truly understanding the requirements for a successful product and before validating the financial viability of the opportunity,” says entrepreneur Brandon Hoe . Hoe believes that you can avoid issues with product validation by asking yourself three questions before launch: How well do you know the problem or industry? Why would someone trust you to deliver a solution? How will you monetize – and will it be enough to cover y...

Money Moves: 10 eCommerce Business Ideas For Startups In 2019

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Thanks to the Internet, businesses have successfully learned to sell products and services online. Being connected through technology has brought about a new consumer market: a digital one. Still, there’s a lot to navigate when it comes to optimizing sales in a digital marketplace. Everyone has a website these days, and some online markets are overly saturated. If you’re a risk-taker, you might have what it takes to excel in the eCommerce industry. After all, the eCommerce industry is shaping up to be a competitive one. In 2017 alone, the United States generated over $446 billion in online sales. Such a large industry might be overwhelming, but don’t worry. You have what it takes to succeed. If you’re ready to launch an eCommerce business, you’re in the right place. Detailed below are ten eCommerce business ideas for you to consider. If you stick with it, you’ll see a profit in no time. 1. Social Media Management Services. This is perhaps the most popular eCommer...

Four New Year’s Resolutions Every Entrepreneur Should Set

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by  Annalisa Parent , CEO of  Laurel Elite Books  and author of “ Storytelling for Pantsers “ With the New Year right around the corner, it’s a great time to start thinking about your resolutions. Everyone should set goals at the beginning of the year, so they have some idea of what it is that they want to accomplish. In other words, by setting goals you will solidify your long-term vision for what it is that you want to achieve. There are some great resolutions for entrepreneurs who want to be in the spotlight this year, starting with publishing a book in their field of expertise. Every January we get a fresh start, we get a chance to make plans about what we want to complete in the new year,. It’s so important that entrepreneurs make resolutions every January. By getting those goals out of your head and down on paper, you will be one step closer to making them happen. Many people are skeptical about setting New Year’s resolutions, fearing that they will not see them...

The Spending Power Of Millennials And Industries We’re Not Killing

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by Harsha Cuttari, CTO of AQUA Intelligence From avocado toasts and pumpkin spice lattes to pricey Yeezys and international vacations, Millennials and their 200 billion-dollar buying power have a great deal of influence over the economy. But, how exactly are Millennials spending their money and to what extent do companies have power over them? Millennials are moving away from material objects and spending a lot more money on traveling. The travel industry has the opportunity to sink or swim, prompting industry leaders to explore new ways to satisfy customers, including tapping into the potential of blockchain technology. According to Lexington Law , in 2018, Millennials in America had an average expenditure of $47,112 and they pumped $600 billion into the US economy. That number is only expected to grow, surpassing one trillion USD by 2020. How does that compare to other generations? Well, when it comes to entertainment, Millennials shell out two thirds more when compared to GenX an...

7 Tips For Planning A Successful Marketing Event

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Planning a marketing event can be stressful, even more so if things do not turn out right. You might have booked a venue and set a date, but you are not sure if your target audience will show up. Perhaps you are also worried about whether people will enjoy themselves. If you want to ensure your marketing event is a success, here are a few tips to start you off in the right direction. 1. Sell the perks. When marketing your event, remember that your invitees want to know the purpose of the occasion and what is in it for them. Is it to launch a new product, announce some company news, or celebrate a specific milestone? What will they get out of it? Through your event literature and invitations, guests should be able to discern the benefits quickly and easily, whether it is an exclusive preview, entertainment, freebies or the chance to network. 2. Create an event promotion page. Do not forget how important it is to take your marketing online. Create a page or website dedicated solely...

Make Your Brand A Wallflower: Why Social Media Demands You Step Back

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by  Kevin Lund , CEO of  T3 Custom  and author of “ Conversation Marketing: How to Be Relevant and Engage Your Customer by Speaking Human “   I have a challenge for you. Write a short blog post that solves a problem in your industry but doesn’t mention your company or product. Not even one time. Sound hard? Try doing it every day for a month. If you’re questioning why you would publish anything without talking about your own brand, that’s understandable. As marketers, we’re not only encouraged to call attention to ourselves, we’re wired to do so. After all, we’re in business to sell products and solutions. Why not scream from the mountaintop about them? (“We’re better than the other guy.” “We provide impeccable service.”) In the age of conversation, however, using the same old megaphone isn’t enough. Today’s social media audience demands that companies participate in the 24/7 conversation. And when you do participate, know the rules. First and foremost, talk...

Inside The Mind Of A Self-Employed Worker

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by Patrick Adcock, marketing analyst at TSheets by Intuit-owned QuickBooks Self-employed workers are a diverse segment of the workforce ranging from photographers and designers to real estate agents and rideshare drivers, but a new survey released by QuickBooks Self-Employed identifies the common threads that bind them together as self-employed workers. One of the most common things uniting self-employed workers is that they are jacks-of-all-trades rather than masters of one. When asked about their strengths, passion, problem-solving, and adaptability ranked highest. Characteristics of Self-Employed Workers. The majority (65 percent) are introverts. 2 out of 3 say they follow the rules rather than break them. 84 percent see their success as a result of their hard work rather than luck. 3 out of 4 value time more than money. 73 percent value people over profits. Nearly 80 percent say they are excited to work with people who are smarter than they are and aren’t threatened by ...

How To Choose The Right Project Management Tools

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In the recent past, choosing the right project management tool was a tough decision as it was such a significant investment. Now, due to the way technology has changed how businesses connect through the Internet of Things, the challenge is choosing the right tool from a plethora of options. While different industries and niches will have specific needs, there are a few traits that everyone can benefit from in project management software. Here’s how to choose the right tools for the job. Easy Learning Curve. According to the experts at projectcentral.com , using software that has an easy learning curve and simple onboarding empowers your employees to take control of their tasks and stay productive. Furthermore, it reduces front-end frustration and sets your employees up for success, rather than having them struggle before the project even begins. Don’t be tempted by all of the overwhelming bells and whistles some project management software has to offer. Those who use the program s...

Saving Money When It Comes To Your Startup

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As a startup business owner, you’re very much in the business of making money. You aren’t going to make any such profit, however, if your expenses outweigh your incomings. For this reason, saving on all of your venture’s necessities should be one of your top goals. To perform this all-important task, you’re going to have to scrimp and save whenever you can, you’re going to have to shop around for the best deals, and you’re going to have to choose how, when, and where you work very wisely. To see what you need to do specifically to save when it comes to your startup, make sure to read on. Stay home-based for as long as you can. For as long as the size of your business and the way in which it operates dictates that you can remain home-based, do it. Stay at home , as there’s nothing to be gotten from moving into an office space when you really don’t need to, no matter how desperate you may be to give your startup the ‘office seal of approval.’ Paying rent and other house costs, even ...

Emotional Intelligence And Success At Work: What’s The Connection

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Emotional intelligence is one’s ability to recognize and understand their emotions and skills that they can use to manage and improve relationships with themselves and others. Emotional intelligence at the workplace, on the other hand, can be used to perform work duties but also exercise self-management, self-control, provide effective leadership and emotional support to co-workers. Emotional intelligence can also be helpful in achieving goals, aims, and objectives, which can be in the long run quite beneficial for the business, the company and the office. So, now that we’ve established what emotional intelligence is and how it can be utilized at the workplace, it is necessary to address the very topic of the article; what is the connection between emotional intelligence and success at work? Does emotional intelligence help establish and maintain professional success? Let’s look at some possible proofs and explanations. Why is emotional intelligence important at work in the first pl...

7 Things To Consider When Buying Property For Your Business

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At some point in your business’s development, you may need an office space, a retail storefront, a warehouse, or even an entire factory. You may even want a building to sublet to tenants , or a place to call your headquarters. Whatever your motivation, you’ll be interested in buying property for business, but before you pull the trigger, you’ll need to keep some key considerations in mind. Before you buy property, prepare yourself with these concepts: 1. Understand the risks. No matter what, buying a property on behalf of your business is a risk. If you’re fronting your own money or relying on money from a bank, you could lose that stake if the property is damaged or if something goes wrong with your plan. Additionally, there are specific risks to consider with each type of property you might buy; a retail location may not be as popular in a few years, or your factory may be subject to new regulations on the horizon. 2. Read up on mistakes. There are many ways to make a bad pro...

6 Lifehacks That Will Help You Save On Mobile App Development

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The cost of a mobile app depends on a variety of factors such as functionality, design, supported platforms, targeted audience, integration points etc. There isn’t a single software project where price doesn’t matter. Even when the customer has money to burn, they would rather get more for the same price. In this article, Belitsoft experts have gathered 6 useful ways to optimize spending on your next mobile app project. 1. Use cross-platform technologies. There are two main paths to follow in mobile app development: native and cross-platform. While a truly native app can allow you to get the most out of the platform it targets, it has little to do with the idea of saving. Code written for one OS cannot be reused for another, which makes the development and maintenance of native mobile apps expensive and time-sapping. The story is different for cross-platform. Our React Native developers note that it takes at least 30% off the total development sum as compared to native apps. T...