Tag: Things

5 Things You Must Consider When Starting Your Own Business

Starting your own business may involve a lot of headaches. There’s having to find office space, getting permits, hiring people, and more. Aside from those, you also need a business plan. In what direction do you want the business to go? How much money would you like to make five, ten, or so years from now? Those are very important questions to ask, but since you’re still in the early phases of your business, you should also seriously consider these five things.

1. What sector will you be in?

Let’s say you want to be in IT (information technology). It’s a huge, cutthroat industry, with lots of companies, both big and small, competing for market share. It’s a lot tougher for you as someone just starting if you want to jump into the industry as well. So then, you first have to find your niche. What sort of products or services will you specialise in? What can you offer that your competitors don’t have? Don’t just go with the flow. Be unique and offer something really valuable to your potential customers. Ideally it’s something they’re looking for that your competitors just can’t offer them. That way, your business will stand out above the rest!

2. How much will you invest?

Of course, as a business, you need capital to turn your business ideas into a reality. If you don’t pour in the capital, your home business idea will be nothing but a big flop. One important thing to know is how much money your business needs to both begin and maintain itself.

Where would you get the money? You could use your savings, if you have a lot. If not, you could find some business partners and ask them for an investment. Or, you could take out a loan from a bank or a reputable finance group. You could even try crowdfunding like many startup owners do these days. Last but not the least, you can seek professional advice from financial planners, business experts, or business coaches.

3. Who will operate the business?

Managing your small business by yourself is never an easy task. It’s even less easy when your company is already expanding. One way or another, you will need to enlist the help of well-trained people to help run your business. Their knowledge and skills will be great assets to your expanding small business, helping it grow further.

4. When do you expect to make money?

Certainly you would want to make money at some point. How could any business owner not want to make money? With that in mind, it’s good to set a target date for recovering your capital and earning profit. And if you have a goal, you need an action plan. Let’s say you want to recover capital after one year of starting your home business. What actions will you take to achieve that goal?

5. Do you have what it takes to build your own business?

Running your own small business requires a lot of sacrifices on your part. And there’s even the chance that your business idea won’t work out. That’s something you have to contend with. You can’t avoid running into a few (or many) obstacles along the way. But if you’re convinced that running a business is your road to financial freedom, then go on ahead! By all means, do your best!

You may find these questions far too serious to think about, but one way or another you have to answer them. Starting your own business is a major life decision, and as with any major life decision, you have to be absolutely sure before you say yes. The more you know what you need to do to succeed, the more likely you will succeed. Remember that these questions are not here to discourage you from starting a business. Rather, they serve to prepare you for the journey ahead. So go ahead and start your business, for it may change your life forever!

To learn more tips on starting an online business from home, head over to http://mybiztips.co.uk and sign up for your free newsletter! Also, you may want to have a copy of a proven online business idea. Just go to http://icopyit.co.uk

Article Source:
http://EzineArticles.com/expert/Peter_Bright/2270259

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A Few Things You Should Look Before Hiring Web Design Service Providers in Essex

The online market is the gateway of a majority marketing agencies at the present time. Essex is one of the leading online marketing hub. The city has a diverse economy. From agricultural to industrial sectors, it has outshined rapidly than other counties. A couple of micro companies are gaining popularity in the global market. The website providers are getting a growing demand and they have succeeded in connecting with the general public. They have excelled with the help of services that deal in Web Design in Essex and entire UK and other parts of the world as well. The world top IT companies like to hire their services to gain the professional status. Hiring their web services is a sure gateway to improve your ranking in online marketing.

A number of Graphic Design Companies in Essex offer quality web services. But, since there are so many companies to choose from, it has become harder to zero in on a particular agency. Secondly, spending too much on these services if you do not have a flexible budget would be a waste of money. There should be a clear communication line between you and the service provider- while during the making of web site.

But before going so deep, you need to ask yourself the following questions to be able to perform in a better way:

1.What is the primary purpose of your website? While it may not have commercial viability, it will still need the appropriate designing and marketing part to be done. On the other hand if you have developed it for selling something or for community engagement; then hiring these services is a must.

2.What kind of services do you want to hire? The reason for asking this question is because you may either hire full time or part time service providers as well. While the full time professionals can offer more, they are a bit expensive; so you need to choose them according to your budget.

3.Last but not the least; you should prepare a list of questions that you should ask to your service providers. These questions will help you to understand about their specific skills and what kind of services they will be able to offer to you. Many freelance designers and coders are amateurs in the market and may not be able to handle your sites according to your expectations. You need to evaluate these well before assigning tasks to them.

The Author Publishes Information about H1SKS Web Studios and Likes to Write On Web Design in Essex and Graphic Design Companies in Essex.Read more

5 Things Worth Knowing About One Of 2015’s Best Tech IPOs

Peter Parks / AFP / Getty Images

An Australian software maker has pulled off what has become a rare tech industry feat: An IPO with shares priced higher than initially expected, for a company that is profitable and growing, and which saw a healthy pop in trading on its first day on the market.

Atlassian rose 32% on its first day of trading on the Nasdaq Thursday, giving it a market value of almost $ 6 billion.

The company, headquartered in Sydney, makes software that is largely aimed at other tech companies and tech workers. Messaging service Hipchat is probably its best known product, but the company says over two-thirds of its revenue comes from JIRA and Confluence, tools widely used by software developers.

Here are five things worth knowing about one of 2015's most successful tech IPOs.

*Note: Atlassian makes enterprise software, which is boring, so this post will be illustrated entirely with Australian animals.

Saeed Khan / AFP / Getty Images

1. Atlassian is old, and unusual.

The company is also ancient relative to most startups approaching an IPO — it was founded in 2002.

Its rise to a multibillion-dollar public company didn't just take a long time, it also didn't follow the typical Silicon Valley funding model. Rather than raising money by selling off chunks of stock at increasing valuations, it was largely “bootstrapped,” funding its growth with its own revenues.

The only outside investors in the company bought their shares from its employees — not a common situation for the big Silicon Valley startups. Accel Partners, the San Francisco venture capital firm, is the largest outside investor, with a stake of over 10%.

Romeo Gacad / AFP / Getty Images

2. It's a star tech IPO in a year that didn't have many.

2015 was a grim year for tech companies going public — or more accurately, not going public. The flood of private money into startups means many can raise enormous amounts of cash without needing to go to the stock market.

28 tech companies have gone public so far this year, down from 62 last year, according to Dealogic. And the companies that have gone public have tended to underperform the expectations they set for themselves in the IPO process — according to Dealogic, a quarter of tech IPOs have priced below their initial price range, up from 16% last year.

Matt King / Getty Images

3. Unlike many trendy startups, this one makes money.

Atlassian has been profitable in each of the three years it has reported financial results, and in its most recent quarter it made a $ 5 million profit on $ 102 million in revenue. The company says it has been profitable for ten years.

Total revenues have grown from $ 149 million in 2013 to $ 320 million in the 2015 fiscal year.

Guillaume Souvant / AFP / Getty Images

4. But it still has techie roots.

Don't let long-term profitability fool you: Atlassian is still very much a tech company, even if an idiosyncratic one. The first image in its prospectus is a man wearing jeans and a black t shirt, holding a Atlassian-stickered laptop with the word TEAM tattooed on his knuckles. (The company is listed on the Nasdaq under the ticker “TEAM”).

And one beneficiary of its quick growth has been its charitable foundation, which receives “1% of employee time, profit, and equity.” This is borrowed straight from Salesforce's “1-1-1” corporate philanthropy model.

Paul Kane / Getty Images

5. Atlassian software is widely used at big companies.

The company boasts a large number of smaller businesses that it reaches without much in the way of sales and marketing. Its target market of engineers and software developers are famously hostile to salespeople — “we believe software is bought, not sold,” the company says in its IPO documents.

But at the top end of the market, Atlassian says 79 of the Fortune 100 companies and 273 of the Fortune 500 companies use its software. Overall the company boasts 51,000 customers.

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9 Things We Learned About Fitbit From Its IPO Filing

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Fitbit makes one of the best-known fitness trackers in a market that is overflowing with them — and which is bracing for the arrival of the Apple Watch. It's a tricky time to go public, but one thing the company has going for it is its profits, $ 132 million worth in 2014. Here's what we learned from reading the company's IPO filing.

According to NPD Group data cited by the company, Fitbit had nine of the top-selling fitness tracker units in 2014 and its market share grew to 68% in 2014, from 58% in 2013.

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BuzzFeed – Business

25 Things You Didn’t Know You Could In Safari

Browse the web like a bo$ $ .

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With the Safari Keyword Search extension, you can look up different websites (like Google, Amazon, and Wikipedia) for information right from the address bar.

With the Safari Keyword Search extension, you can look up different websites (like Google, Amazon, and Wikipedia) for information right from the address bar.

For example, to Google Jared Leto, you'd just type “g Jared Leto.” To look up the potato famine on Wikipedia, you'd type “w potato famine.” More keyboard searches here.

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BuzzFeed – Tech

8 Things We Learned About Shake Shack From Its IPO Filing

From Manhattan’s unique love affair with the Shackburger to concerns about the fate of Moscow’s Shake Shacks amid Western sanctions, there was plenty to learn in the company’s SEC filing.

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Danny Meyer, chief founder of the Union Square Hospitality Group and Shake Shack.

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That's equivalent to about 1.5 million of its $ 4.95 Shackburgers, which would equal more than 4,000 burgers sold each day, per location. Manhattan is the star market for the chain, with average store sales almost double that of non-Manhattan outlets.


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BuzzFeed – Business

The 11 Most Interesting Things From Mark Zuckerberg’s Q&A Session

Zuckerberg held another Q&A session today to talk about Facebook and his personal life.

Stephen Lam / Reuters

Facebook still isn't adding a “dislike” button any time soon.

That was one question Facebook CEO Mark Zuckerberg answered today as part of a larger question-and-answer session, which covered a broad range of topics including his personal life and how Facebook approaches social issues like economic disparty.

Here are a few paraphrased versions of the most interesting questions that were asked, and some of Zuckerberg's responses:

Some have asked for a dislike button because they want to say something isn't good, that's not something that's good for the world. There doesn't need to be a voting mechanism. I don't think that's socially very valuable or good for the community.

Often people tell us they don't feel comfortable pressing “like” because it isn't the appropriate sentiment. One of the things we've had some dialogue internally is what's the right way for people to easily express a broader range of emotion.

Don't worry about making mistakes too much. The number one question I'm asked is, what mistakes do you wish you could have avoided? I really don't think that's the right question; that's how you learn. The real question is how you learn from them, and not which things you can avoid.


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