Are You Making These Five Business Mistakes?

Having business systems in place is crucial to the success of your business.

The question is: How can you make sure your business processes actually help rather than hurt you?

Let’s discuss five mistakes many businesses are making.

Mistake #1: Not having an overall goal.

It’s common for people to focus on the details of the business but not on specific tasks that they need to perform. If your business doesn’t have an overall goal then your details would tend to be fuzzy. This can cause a disconnect.

Every business should have a goal and a model to follow. You may have a goal for instance of hiring team members. If that’s the case it’s more important than ever for you to make sure that you have goals and systems in place.

Your employees will be looking to you for guidance and direction so you need to make sure you have your goals clearly defined before you tell others what to do.

Having an employee handbook will help new hires understand their responsibilities.

Mistake #2: Not using technology properly.

All businesses need to use technology to some degree. That being said no business should rely 100% on technology. Why? Technology can break down. Relying too heavily on technology may weaken your business model.

For example: A grocery store looses power. That meant they can’t use their cash registers. The employees need to write the items down that were purchased and figure out the exchange of money. If the staff isn’t trained to do this prior to this disruption it could wreak havoc on the business.

Mistake #3: Not being detail oriented

You need to document the details for performing various tasks in your business. This helps a new person who comes onto your team know how to operate the system with little guidance.

The best way to handle this is to have two systems in place. One would be written the other would be via technology (software).

Mistake #4: Having too much clutter.

Not everything in your business needs to be written down word for word. You can write down the main idea. Having too much documentation can cause confusion and more clutter. Make sure that necessary directions are documented.

Remember when documenting various tasks make sure those tasks are refined and proven so that your business is running efficiently. Think split testing. Try performing the task one way. See how that works. If it doesn’t then go on to plan B. The point is you want to know what works and then utilize that strategy.

Mistake #5: Interaction with people

There may be times when certain processes of your business will need that human touch. For example let’s say you have a product that needs to be shipped a certain way. You need to document the specific details in order to make sure that the shipping and handling of your product is done in an efficient and thorough manner. You may also have to train people on how to handle customer service for that particular product.

When you have a team it’s extremely important that you train them properly so that they know what’s involved in the processes so that you have a well-oiled machine.

One of the best practices you can put into place is having an employee handbook which was mentioned earlier. This handbook will also contain procedures and policies that you expect to be followed. Having this in writing will help your employees to see in black and white what is required of them. Make sure they not only read the employee handbook but also sign off that they read, understand and agree with it.

Even if you decide to use a virtual assistant make sure you have it in writing what you expect of them. This will help with any type of confusion that may arise during a specific task you have assigned them.

If you are a solopreneur it’s important that you set guidelines for yourself as well. Having things written down and in an easy to follow format will help you be more efficient.

Once you know your business inside and out and it will be easier for you to write the employee book of policies and procedures mentioned above. If you do that in advance of hiring any team members you will be ahead of the game should your business experience a major growth spurt.

Put these systems into place and you will find your business is more productive.

Cape Verde – An Inspired Investment in an Inspiring Place

Do you find the usual raft of traditional investment products with paltry returns a rather unappealing proposition? If so, you will no doubt be pleased to know there are other options worthy of consideration – an investment property in Cape Verde for instance.

Blessed with stunningly beautiful scenery and an all year round tropical climate, Cape Verde is one of the few holiday destinations that are actually enjoying increasing levels of tourism. Palm trees line the white sandy beaches that reach out to a clear blue ocean. The sunshine is complimented by a soft breeze making for a comfortable and relaxing environment.

A luxury hotel development is in progress with a variety of suites available for investors to purchase. Some are beach front suites, some with gardens and others have their own swim-up pools. The hotel itself offers guests facilities including a spa, gym and a wide range of dining options.

Cape Verde enjoys year round sunshine, temperatures of 25 – 30 degrees centigrade and a stable climate with no hurricanes or monsoons. Consequently there is no low season, and with land value increasing at a rate of 15% per annum investors can benefit from good rental yields as well as strong capital growth.

Positioned an hour south of the Canary Islands, over 60 direct flights per week are available from many European and other cities around the world.

Tourism has grown by 115% since 2000 according to the National Institute of Statistics of Cape Verde. There are however strict regulations in place to prevent overdevelopment – and over supply. Buildings, for example must be low-rise with 2 floors being the maximum allowed. This ensures the islands remain unspoilt and retain their original character.

The islands have a democratically elected government, a growing economy, and are socially and politically stable. They also have solid property ownership rights.

There has also been a considerable investment in infrastructure: roads, energy, water and healthcare, with $240 million from the World Bank alone.

There is of course the risk that the hotel’s suites will not be filled, although currently there is an average occupancy of 80% and the island’s popularity as a tourist destination continues to grow.

Investors have the option of buying a whole suite or a fraction of a suite – as little as a twelfth, bringing this investment within range of a good deal more people than most commercial properties.

SIPP compliant, this is an opportunity to diversify your investment portfolio. Cash investors have the bonus of enjoying the suite themselves for five weeks a year. Cash investors can also opt to manage the property themselves, or have it managed for them by the hotel operator.

It is also possible to release equity in an existing property you may have to fund a suite purchase, or to club together with family, friends or business partners to co-own a property.

Anyone looking for a low risk investment property with the prospect of good returns could certainly do worse than an attractive, modern property in a desirable location in a thriving market.

Is Becoming an Affiliate Marketer The Profitable Method to Owning a Web-Based Business?

Thousands, maybe even millions of people make money each and every single day by marketing other peoples products and services. However, it’s not quite as effortless as you may have heard. When the internet was nevertheless young it was fairly simple to select a product, acquire a domain and slap up some search phrases that were relevant to what you were attempting to sell. Write a couple very good articles and “BAM” you’ve got a winning blueprint to having fast results in affiliate marketing. Nevertheless, occasions have changed. Now it really is a little more tough to earn say $10 each day per internet site that markets affiliate products. The theory was that should you had 100 internet sites, each undertaking on average of $10 per day that you simply could pull down $10,000 a day. This was the ideal, but now with Web 2.0 being the new internet, social media and marketing have taken a new hold on the old model.

So How Do You Start an Efficient Affiliate Marketing Business inside the Web 2.0 World?

Thanks to that cute tiny black and white Google algorithm update in 2012 (Penguin) numerous of those the old article based affiliate marketing models have fallen off the map. The excellent old days of mass article submissions could be at an finish. This type of super-spun article content is about as excellent as dead.

And so if your desire to make it big in affiliate marketing as of late, the most effective way will be to start your new venture using a single web site. Understand the basics of constructing CSS templates or static HTML pages. Experiment with WordPress. These are all acceptable platforms to run your affiliate marketing business with. It may seem pointless to start back from zero in case you have some marketing expertise underneath your belt, but it is a great refresher. After your up and operating let’s take a look at some well-liked keywords and phrases that you simply can begin to promote your affiliate products behind. Common search phrases are essential – without them you will be “pissing into the wind”.

Affiliate Marketing is a good start: Internet Marketing 101 Course

If you can learn to successfully market other peoples products and services you can successfully industry your personal. Newcomers discover it swift and easy to throw up an affiliate link and get a cut of sales. Within this way they don’t need to bother with clients, returns, merchant accounts and all of the headaches that include getting the product provider. The excellent news is that if you have selected to be an affiliate marketer, all the data you need to begin is accessible online for free. Don’t go out and acquire a truck-load of courses, eBooks and software. You are going to finish up thousands of dollars inside the hole and even worse – you are going to have wasted your time! A single day spent truly marketing will teach you more than a week of reading about marketing.

A few of the very best tools you’ll be able to afford are free and can definitely boost your affiliate marketing sales. Make certain that they are something that you will use time and time once more. The thrill of purchasing a new product is really a matter of brain chemistry and not often a logical decision. It may turn into an addiction, and one that eats away at your tough earned cash. A single tool that’s worth more than gold and rubies combined is an autoresponder. You can pick one up for about $5 a month and they allow you to to develop a list. This list is your ‘go to’ plan if you require some rapid funds rapidly.

WordPress is really a blog platform, and perhaps probably the most well-known one at that. It has lots of nicely created plug-ins to use that can make your job easier and function a lot more effective.

Study tools can also be paid for – you may also use Google Keyword Suggestion Tool (type it into Google) for free.

Now’s the time to grasp the concept that search engines want to provide their guests with info relevant to what they are searching for. And so affiliate marketers must concentrate on providing useful details that seek to serve such searchers by providing solutions to their issues. In the info age, you’ll need to serve to survive. Serve greatest to thrive.