How to file for bankruptcy in Australia

Managing a business is a headache. But once business has dipped down and there is no money at all, the desperation will be doubled. With all the debts lining up, the unpaid bills, the utilities, and many others that will undoubtedly give a throbbing headache. Until you come up to pull your last resort, to declare bankruptcy.

Bankruptcy is a legal process that will free you from debts. It can be voluntarily if you are not capable of paying the debts anymore. Or, it could be done by creditors, by sending notice of bankruptcy from the Office of the Receiver. In Australia, the Australian Financial Security or AFSA is the department in-charge and will be the one to manage and will choose a trustee to handle your financial affairs. However, nothing is free on Earth; a private trustee will handle everything about financial matters, but with corresponding charges.

Nonetheless, before filing a bankruptcy, you must be aware if you are qualified to do so. Keep in mind that you will be eligible to file bankruptcy if you can prove of not being capable of paying all your debts, and if you are currently residing in Australia or have been operating a business in Australia.

In applying for bankruptcy, it is absolutely free of charge. There is no maximum and minimum debt allowable. In the Bankruptcy Act of 1996, you will be totally free of debts after 3 years and 1 day.

Moving on, when all is decided, it is time to file bankruptcy to AFSA. Guidelines and forms are available for download in AFSA website. Hence, to make it easier for you, here are the guidelines to follow in filing bankruptcy. As follows:

Fill up bankruptcy application forms.

There are two forms to be filled up prior to application. First is the Debtor’s Petition or the Application to Become Bankrupt. The second form is the Statement of Affairs. All necessary information should be filled-in legibly on the forms from AFSA. Both documents need to be signed and dated at the last pages of each form.

Please take note that incomplete forms may result in rejection of your application.

Send the documents with 28 days after signing it.

After filling up the forms legibly, and completing all the necessary additional documents may now be sent. Sending the documents for processing can be done through email or through the post as long as it should be done within 28 days from the date of signing of the documents.

Now, after sending the application, then the government department in-charge will move its way to release you from debt. Upon receiving the application, the AFSA will send notice of confirmation with the administrator’s insolvency number to both the debtor and the creditor. There are cases where applications are rejected, but the department in charge will give notices together with the reasons for the rejection.

There are many possible reasons that your application for bankruptcy could be denied. Hence, we will be giving you the most important reasons that should be carefully analysed before filing. Here they are as follows:

  1. If it is found that debtors could likely pay in a reasonable time
  2. Either debtor is unwilling to pay despite his capabilities to pay, or the debtor has been previously bankrupt for three (3) in the last five years.

Bankruptcy is definitely not a simple term. It has a lot of consequences. Therefore, it is advised to seek help or at least consult an expert before declaring bankruptcy Brisbane.

Useful Accounting Tips for Small Businesses

When starting a new business, it is always important to have an accounting strategy beforehand so you can manage your expenses, costs, profits, deliverables and overall budget. Otherwise many new business owners can find themselves in a world of pain solely due to overlooked bookkeeping skills. Here are some of the accounting strategies one can apply to help ensure the growth of their business;

Keeping records of All Expenses

Even as a small business, it is absolutely essential to keep a check over all the expenses, be it business related or personal. Reimbursement slips and receipts are a key part of book-keeping as they provide expenditure records and can be traced back. The worst thing a business owner could come across is undocumented expenses where he or she has no knowledge of where the money is going or coming from.

Hiring a Professional/Having the Right Software

Since accounting relates to keeping all your business money  in check, it is imperative one hires professional accounting firms toowoomba for the job or has the appropriate software for their business to achieve a zero-mistake status relating to the handling of money. It all comes down to cutting costs and magnifying your profits in the end, and a system that can not only keep that in check but also can predict the do’s and don’t helps make sure the business runs smoothly.

Future Expense Projections

Projection

Small business startups need to make sure that they track records of the money flow so they can project future expenses. It is essential for the longevity of the business as it determines how much money can be invested in marketing campaigns, product buying or hiring personnel. The projects help determine how successful a business can be in what amount of time, beforehand.

Calculating & Separating Expenditures and Profits

It is relatively easy for small businesses to fall prey to miscalculations and undetermined expenses, especially in the beginning, which is why it is important to keep separate logs for both expenditures and profits. It helps to keep track of day to day expenses as well as determine the overall budget of the business per month. The clearer the records are, the easier it will become to grow any business quicker.

Ensure Regular Payments

Getting hired and bringing in clients for any business is a good omen, but it is equally important to ensure regular and timely payments from the clients. Regardless of the turnover of clients, the business is only worth something once the money is in the company bank account and it can be withdrawn. It is important not to take on more work or promise services before prior payments are cleared.

Is Your Mechanic Charging You More Money Than He Should?

Mechanics generally are very hard working people who do their job in the best possible manner and then just go to their homes. But like in every industry and job present, there are a few bad examples present that put the bad to the good name.

These are those types of mechanics who charge an arm’s length for the work that they do. The job might be really small but they might be charging you an amount so much that your car repair bills turn out to be a lot.

Telling you that you need a repair when you don’t

One of the most common things that mechanics do when they want to get more money out of you is to tell you that you need a repair when you really don’t need it. They might say such lines like, “I would never take my kids in such a thing!” or “I would never drive a car which has a condition like this!” These are generally things that mechanics say when they want to get some extra cash from you. If you hear such a thing, immediately take your car somewhere for a second opinion to know.

Recommending additives when you don’t need them

Car additives have a requirement and place where they are supposed to be used. Using them when your car doesn’t need them is just a burden on your pocket which your mechanic wants to levy. If there is a genuine issue that your faulconbridge mechanic is trying to fix then using a fuel additive with detergents can help you but if an additive is being used just to make your car ‘run better’ then you really need to ask your mechanic why that is taking place.

Charging you full price for re manufactured parts

mechanic

If your mechanic uses re manufactured parts, there is nothing wrong with it. It is actually a great way to save money and have your car in a good condition which lasts a long time as well. But the problem that takes place is that when your mechanic says that he is using an original part but he is using a re manufactured part. This is where the extra money that he is charging goes into his own pocket.

Not grouping labor charges

There are multiple tasks present when you need to get your car repaired. But the tasks can be managed once the mechanic starts working on them in one go. If the mechanic intends to charge you more then he might bill you separately for each of the tasks. This can cause your bill to go up much higher and in turn for you to pay more.

There are many tell-tale signs present when your mechanic is charging you more so keep your eyes and ears open!

Family Law on the Coast

The Roles Of Family Lawyers In Gold Coast

A family lawyer is someone who has studied law, attended all the practical legal classes, and been admitted to the state’s or territory’s Supreme Court. For any family lawyer to do legal work, he/she must be insured and possess the current practicing certificate.

You’ll always find most of the lawyers exposing their practicing certificate in their office. Therefore, if you can’t come across this while in his/her office, be sure that the lawyer is not qualified.

The family lawyers play an essential role in our society by listening to our problems, giving us legal advice, discussing our options, taking instructions about what we want to do and helping us to understand how the law applies to our case.

In this article, I will show you the main roles played by a leading family lawyer in Gold Coast. These are:

Following instructions

A good lawyer is the one who’s in a position of listening to us, giving us advice, taking instructions about what we want to do about our legal problem and then work as per the given instructions.

It is essential to remain honest with the lawyers since the advice they give depends entirely on the information we give them.

After listening to us, the lawyers go forward to giving us some advice. There are other situations where it becomes hard for the lawyer to give legal advice immediately. Here, the lawyers decide to carry out some research before giving out the final advice.

Therefore, the main role of the lawyer is to advise you of all the available options. Taking the lawyer’s advice into consideration is essential. However, you have control of your final decision.

The family lawyer maintains confidentiality

You’ll realise that most of your conversations with the lawyer will remain confidential. This is an indication that lawyer will not disclose your discussions to anyone else including the court or the police without your permission.

However, there are some cases where the lawyer can decide to share out your discussions such as when a given law requires them to do so, to prevent the occurrence of a serious criminal offence or when your safety or someone’s safety is at risk.

The lawyer avoids conflicts of interest

A lawyer will not work for you if:

–          your interest and that of the lawyer clash,

–          if the lawyer is acting for the other people or person involved, and he/she do not want to work as per the interest of one of you or

–          if the lawyer worked with other people or person in the past, and he/she has the confidential information connected to these people that might affect their interests negatively.

A lawyer who decides to do any of the above, the situation can be regarded as the ‘conflict of interest.’ A good lawyer should keep you informed if he/she finds out about a conflict of interest.

Make efficient communications and promptly

The lawyer must make efficient communications and promptly whenever they’re working. Also, the lawyer should be at a position of giving regular updates concerning the progress of the client’s matter.

Lawyers act honestly

A good lawyer must be honest to the client. Also, the client’s best interests should be the main concern for the lawyer. However, lawyers are not supposed to act unethically or illegally.

When do you need to hire a Lawyer?

Have you just found you have been involved in a legal proceeding? Seeking separation from your spouse? Looking for someone to help with child custody? Division of assets? Looking for someone to help your business go through legal proceedings? Probating a deceased’s will? All these are procedures which need the intervention of lawyers in Gold Coast. Hiring a lawyer is a serious process and one which should be done after a great deal of deliberation and careful thinking.

Keep in mind that a good lawyer could help make the whole legal process easier. Despite the intricacies and sensitivity of the case, the right lawyer would guide you with the best of their abilities. They would ensure their clients suffer as less as possible and the whole proceedings are carried out in a timely manner.

When looking for a lawyer, make sure to look for the following qualities. This is by no means an exhaustive list but just something which would help you choose the right lawyer in Gold Coast.

What to look for

Look for the following qualities in a lawyer:

  • A layer who is experienced in the field of law which they practice is your safest bet. Why? Simply because they would be able to help you with the matter much quicker. You might need to pay more for their experience but you know you would be getting the right advice and saving precious time. Hiring an experienced lawyer who could simplify the legal process is necessary.
  • Take a look at the way they communicate with you. Since you would be talking to your lawyer a great deal, explaining your issues and problems, you need to hire someone who understands you. Whether it’s business proceedings or family issues, the right lawyer would help make you feel at ease. You should be comfortable discussing your legal issues.
  • Their availability is important as well. Do they have the time to take on your case? The right business and commercial lawyer Gold Coast is someone who could handle the proceedings in a fast and efficient manner. A case which lingers for a long time can be quite stressful. So make sure your lawyer is available to help you with the proceedings.
  • Don’t feel afraid when asking for references, if not private you could ask someone who they have helped in the past. Have they helped someone with a case which could be similar to yours and if so what were the outcomes.
  • Get to know their fee structure. How do they charge? Whether it’s by the hour or do they take a nominal fees before they file a case and rest after the proceedings are completed. You can shop around for quotes from different lawyers and finally settle on someone who could help you.
  • Also keep in mind that you would need to have all your documents in order when you go see a lawyer. They would require you to provide them with the complete information. Also make sure you don’t hide stuff from your lawyer. It could sell legal trouble for you in the future.

Why you Should Look for Security

If you are considering hiring a security company to guard your business there are several thing which you ought to consider. You need to consider quite a few things and ask the right kind of questions. Make sure to consider the following when choosing the right kind of security companies.

It is always better to look for an agency which is locally owned. Why? Simply because a small company is willing to go an extra mile for you and ensure better service. Mall locally owned security companies are dedicated towards providing quality service. They know the area well and they have all the knowledge regarding the security concerns and issues which local people are facing. When you hire an internationally owned security companies you would just be a drop in the ocean, the service might also not be what you are exactly looking for.

Choose a company which is customer oriented. Though many might argue that providing the right kind of security should be the number one priority but a company which focuses on its customers is always a better option. They should be able to handle all your concerns and answer all the queries which you might have regarding the security issues. Get to know whether the company has a twenty four seven answering system. If not what could you do when you find the cc TV camera not working in the middle of the night. Also get to know whether the security guard who they provide should have the necessary training and knowledge to handle different security threats.

Make sure that company you are looking for has security as its main field of interest. There are several companies which pose as security companies but on the other hand provide cleaning services and home care services as well. If security is your major concern you should be focused on finding a security company whose main focus is providing security to homeowners as well as businesses.

Get to know whether the company provides an option for hiring uniformed guard. Sometimes the presence of someone in uniform is enough to deter any kind of security issue. However there are certain cases where it’s advisable to hire security staff which is under cover. This works in special situations. You would only need to talk to the admin at the security company to find what option is going to be best for you.

Get to know the reputation of the security company as well. For this you would need to do a bit of research. You can take a look at the website of the company and check out the reviews left by previous clients. A company with good reviews is what you should be looking for too. When it comes to matter of security you can’t be too lax about such things. You have to find a company which does great work, provides the necessary security services and has a great reputation.

Simple Software For Your Business

Running a small business isn’t easy. Unless you’re one of the fortunate business people who can stand to go out on a limb, you’ll need to precisely survey any critical choices your group makes. Almost every business has to integrate software in their business operations. In the current digital world, software plays a critical role in improving business efficiency.

Software choices vary depending on the nature of the business. However, in most cases common software can be used across different businesses. Some of the popular software programs for small business are:

1. Google Drive

Google drive offers more than just a backup for your business files and documents. It offers a document processing platform making it possible to open, create and edit files similar to Microsoft Word and excel. Google drive offers the services for free compare to other platforms which charge for their software. Better yet cloud hosting enables a business to access and edit the files remotely from any internet connected device.

2. Join.me – Video Conferencing

This platform offers video conferencing services. Although it is not the top player in the space, it is highly recommended due to its affordable aspect. The platform supports video conferencing for up to 10 users free of charge. Additional features include screen sharing capabilities and the option to integrate up to five different video feeds.

3. Wave – Accounting Software

Accounts processing is a key segment for any business, Wave offers a simple and very affordable solution. With the basic free version, the platform enables a small business perform the basic accounting processes including invoice processing, payroll, utilities processing and balance sheet services. For advanced services such as automated payments you may be required to upgrade to a premium option.

4. Hootsuite – Social Media Management

This software provides a one-stop social media management tool. It enables businesses manage their social media activities including posts scheduling and followers interactions. The free version offers the basic services which may be sufficient for any small business. The user has the option for upgrading to access premium features such as user demographics, post reach data analysis and the ability to schedule posts for posting in multiple platforms.

5. MailChimp – Email Marketing

This platform provides an easy way of collecting, analyzing and sorting emails from a business subscription website. The platform also enables content marketing in the basic version while the premium version offers advanced user targeting with the option of user personalization in each email. Their data analysis tools are quite detailed making it possible for any small business to effectively deploy a marketing campaign at a very affordable rate.

6. Zoho Desk – Customer Service

This platform is integrated in a business website enabling a small business to receive customer feedback or questions. The platform aggregates different customer data and relays that to the relevant department making it possible for different organs within the company to receive independent feedback and respond to the customers effectively.

There are numerous software platforms available free or at a reasonable price designed specifically to improve efficiency for small businesses. If you don’t have the time to look into some of these options yourself, consider working with an external IT consultant such as http://www.itma.com.au/services/consulting who will be able to manage this aspect of business for you.

The Benefits of Using Modular Walls For Commercial Projects

Open plan offices may have been all the rage in the past, but with the ever-changing demands and landscape, nothing stays the same for long. In the recent years, more and more organizations are discovering the many benefits of separating their offices into manageable units and the best way achieve this is through modular wall systems.

If you are thinking about installing modular walls (such as these: https://www.skilledfencing.com.au/modular-walls-perth/)  in your workplace and are not certain whether the benefits this system boasts will be worthwhile, then you may want to read the rest of this piece.

Reasons to Consider Modular Walls:

Assembly Time and Mess

Conventional construction tends to be messy and time-consuming. The building team can occupy an area for weeks at a time, which causes distractions and slows down productivity in the workplace. In some cases, work has to be halted, which can affect your business operations. Also, drywall dust tends to settle on nearby products and equipment.

Modular walls, on the other hand, are pre-fabricated and take a short time to install with no mess. A modular wall system takes just a few days to install, allowing your employees to resume normal operations quicker.

Portability

In the event you need to relocate, you can move with your demountable wall systems, which makes modular wall system solutions worthwhile for all types of businesses. For small firms and those in cyclic industries that usually downsize their operations, the ability to set up an office in a new building with the same walls can be very valuable. Businesses in rented units usually refrain from modifying them even if the leases allow them. However, with modular walls, it’s possible to customize the space without having to worry about leaving it behind should there be a need to relocate in the future.

Subcontractors

If you decide to build drywall, you will have to hire several contractors from carpenters to painters and even electricians. When you work with many contractors, the chances of conflicts and project delays are usually high.

Movable wall systems, on the other hand, are purchased pre-wired and pre-finished, with straightforward instructions and detailed illustrations. Installation is therefore quick and fast. You can do it yourself or hire a local installer.

The Environment

In this day and age, there is so much emphasis being placed on sustainable corporate practice. Anything that reduces the carbon footprint of a company becomes a popular choice in the field of interior design. Modular walls score particularly high in this category as they prevent companies from tearing up old components and install new drywall every time they want to configure the layout of their workplaces. By minimizing the number of materials they utilize, corporations can reduce their carbon footprint significantly.

Savings on Taxes

Movable wall systems are usually considered as furnishing expenditures and not permanent additions to the workplace. That means they will not increase your property taxes. However, you should consult your tax professional or accountant for more information regarding this.

As you can see, there are numerous benefits to using modular walls for your commercial or office projects. I hope this article has enlightened you and that you will make a wise decision on your next renovation project.

Six Tips For Training Employees

As a manager or employer, you’ll know how critical training can be. Seeing as it speaks directly to how productive employees will ultimately become, you want to build a solid foundation for them to work with. And to help you build that foundation, here are some solid tips for training employees to be all they WANT to be.

1. Be Patient

It seems like a rather obvious tip, but there is no getting around how important this quality can be. The moment a new employee is nervous or feels pressured, they stop soaking up information. Instead, they are too worried whether they can rise to the occasion and do the job you need them to.

The best way to calm their nerves and help them take in everything you teach is by showing a high level of patience. And as basic as it sounds, it will make the biggest difference.

2. Help Them Make Connections

This can either be done through a casual lunch appointment or at the office, but helping newbies to connect with their co-workers can really speed up their ability to adapt. Of course, they don’t have to interact with everyone in the first few days, but you know who they will be working with, and you can be part of the connection process as well.

3. Be Motivational

A good leader has the ability to motivate those around him or her. In this case, you want to motivate and encourage new employees to use their skills to the fullest. In fact, you want them to think outside the box and use their intuition because it won’t just give them more self-confidence down the line, but it will also give them more reason to do their best.

4. Clear Communication Channels

Productive training cannot exist without clear communication. In other words, ensure that the new employee grasps what you are teaching them, and if they aren’t progressing like they should, maybe consider using another employee to handle the training. Some people just understand each other better, and a leader with vision knows when to step back and trust somebody else.

5. Let Them Ask Questions

You can’t learn anything if you don’t ask questions. Unless you understand all the information the first time around, show new employees it’s more than okay to be inquisitive. Give them the go-ahead to ask as many questions as they need because they won’t be asking forever. Plus, it will only benefit the company if the new employee knows as much as possible.

6. Give Your Time

In order to run a successful office or company, you need to make yourself available to employees. This is especially important when new faces join the team. Because knowing that their manager is patient, motivating, and just around the corner when they need him or her, you’ll be surprised at how quickly they learn.

If nothing else, make them aware that you’ll trust their judgment once they get settled into their new position. Self-confidence is the one thing they truly need during training, and you are the perfect individual to help them with it.

What To Look For When Choosing Your Commercial Landscaper

Choosing the right commercial landscaper is essential for making a strong first impression on your visitors. This is why you can’t hire the first contractor you come across, and hope they are going to do a dream job. There are several things you have to look for in a commercial landscaper, as you are going to see in a moment.

The style and the work portfolio are very important. You should seek for a landscaping company with a rich experience in the specific type of job you want to hire them for. If you want a Japanese garden to welcome your potential customers in a relaxing and peaceful atmosphere, you should choose someone who has created lots of such landscapes.

The use of sustainable landscaping methods is another important thing to look for when choosing this type of contractor. For instance, low-emissions mowers and smart landscape irrigation systems can help you contribute to the protection of the environment, without giving up on caring for your plants.

A reliable landscaping company should use insured and drug-free workers. They should also have all certifications and licenses required by law. This is how you can always be on the safe side, should anything occur during your project. Besides, it’s good to choose only business partners who care about their employees, and who strive to offer the highest quality services possible. Service providers with good liability insurance will cover any injuries or property damage that may arise during their work. The zero tolerance drug and alcohol policy is yet another sign that the contractor is committed to providing seamless services and a high quality work.

Dedicated customer relationship management is yet another feature to seek for, as it may have a big influence on the success of your project. Having a customer care specialist to get in touch with whenever there’s an issue can save you a lot of time and nerves. You can offer more effective feedback when you don’t have to talk to different employees about different parts of the project.

The portfolio of clients is an accurate reflection of the service quality. You should never hire a commercial landscaper without taking a closer look at their completed projects and at the profile of their most important clients. In addition, the size and the financial power of the contractor may have a direct influence on the quality of their equipment and of the materials they use. By choosing a more powerful company to take care of your landscaping needs, you’re going to benefit from better workforce, advanced technology and solutions, sustainability and reliability.

These are the main things to look for when choosing a commercial landscaping company. The price is less important when it comes to such an important area of activity. After all, you have the chance to make a first impression only once, so you have to do everything in your power to persuade your potential clients that you are their best bet. The exterior of your building and its surroundings are important, so choose your landscaper wisely.

Things To Consider When Choosing an Equipment Hire Company

Buying equipment is without a shadow of doubt expensive, especially if it is not going to be utilised on a regular basis. Instead of purchasing equipment and having to pay for licenses, insurance, warranties and even maintenance, hire companies give you access to the top of the line equipment at a reasonable price, along with qualified and experienced operators and professionals.

However, not all equipment hire companies provide the same level of service. It is imperative to choose the best equipment rental company in your region to ascertain the best equipment and service quality. As a guideline, here are the most important things to consider when choosing an equipment rental company, regardless of your location.

The Quality of The Equipment

This is perhaps the most important aspect to look at when renting equipment. Make sure that the hire centre provides top of the line equipment for rent. Although equipment hire is cheaper and more cost-effective than buying equipment, it is still expensive Renting low-quality equipment makes it susceptible to breakage which makes it more expensive for the long haul. Also, inferior equipment usually translates to poor results, which is the last thing you want on your project. Ensure you ask about equipment age and how regular the maintenance is done.

Stock Variety

Another important thing to consider is the variety of equipment the company offers. If you are working on a big project, you will need an array of machinery pieces, and in turn, an equipment rental company with a huge variety of stock. You should check the equipment list that the company has on their website or inquire directly through the phone. Also, check whether they have the latest types of equipment and are not renting outdated models.

Safety

More often than not, there is a need to hire operators. As such, ensure you consider the safety measures the firm has taken for the safety of both the equipment and the operators. Ask if the operators are trained well-trained to handle the equipment and how often the machinery is maintained. If you prefer to run the machinery yourself, ask the hire centre to demonstrate how to operate the equipment you wish to rent properly.

Customer Service

As with all firms, client service is imperative for efficient and smooth transactions. Even if the company has top of the shelf machinery at affordable prices, but have horrible customer service, you are going to have a hard time. Search for an equipment rental company that is open to communication and provide prompt service. It would be wise to check the reviews and testimonials of the company online. You can also visit their social media pages to see what others have to say about them.

The Cost

As with any product or service, you need to consider the price. Affordability is good, but you also need to ensure that you are getting your money’s worth. It is okay to pay a slightly higher price if the variety and quality of the machinery are better than average. It is also acceptable to spend a little bit more if the company provides a delivery service and other perks.

It is advisable to consider all these aspects when choosing an equipment hire company. Rather than looking at quality and affordability alone, it is essential to consider the other factors mentioned in the read as well.

Why SEO Is Great For Some Businesses, But Not So Much For Others

If you haven’t been living under a rock, you’ve probably heard about the fact that SEO is a must for all businesses that want to become successful. While this is true to a certain extent, it’s worth mentioning here that there are also some exceptions to this rule. SEO works great for some businesses, but not for all of them. In order to understand why, let’s see how search engines work.

Whenever you search for something, you get lots of results, ranked according their relevance to your search query. In some cases, you also get eight sponsored results, four of them in the beginning of the page, and the other four at the end, below the organic results. Although this is the general structure of a results page, in some verticals, Google, as well as the other two major search engines for that matter, displays a row of images, and their own products and services such as flights, hotels and restaurant reviews. All these push the organic results below the fold, rendering SEO ineffective. You can invest a lot of money and effort into ranking for the most lucrative terms in your niche, and yet fail to see the expected results, simply because only 50% of all people searching for that keyword scroll down to see your snippet, and an even smaller percentage actually clicks through to visit your landing page.

In such industries, search engine marketing or social media advertising can be way more effective and more profitable than SEO, so this is the approach you should follow instead of targeting all these highly competitive keywords that don’t bring you the expected ROI.

The other reason why SEO is great for some businesses, but not for others is the target market. If your products or services are aimed at elderly people who don’t have the habit or the means of accessing the internet to search for what they need, ranking among the first in the SERPs may not bring you too many new clients. Before deciding to work with an SEO agency, you have to study and understand your target consumers and their behaviour in relationship to the online environment.

The sooner you do this analysis of your target market, the better. As SEO is a long-term process, you should assess its effectiveness from the very beginning, rather than investing in it for months only to realise it doesn’t work as well as you have estimated. This assessment has to start with taking a closer look at the SERPs for your industry, as well as with in-depth research of your core consumer’s behaviour and shopping habits.

Last but not least, even if you decide SEO isn’t the best choice in your specific niche, you should still keep an eye on the SERPs and on your consumers, because the internet is a rapidly evolving and dynamic industry. What doesn’t work so well today might bring you a fortune tomorrow, so be there to grab this opportunity, should you come across it some day.

The Essentials For Running A Successful Construction Business

Having a talent for your business is important, but there are other essentials that you need to consider to be successful. Some of the essentials that people know about include having a good work ethic and quality products. However, there are other essentials that you need to know about to have a successful construction business.

Build Your Reputation With A Solid First Impression

In the competitive construction market, reputation is essential and the best way to start building your reputation is through a good first impression. The first step to making a solid first impression is to have a professional website (http://www.bentragerhomes.com.au/display-locations/ is a great example) and professional phone manners. How you initially interact with potential customers will set the tone for your business and whether or not they will recommend you.

Make Smart Leadership Choices

As a business owner, you have a lot of decision that you have to make. Making smart choices in regards to your business is essential if you want to be successful. These choices will include hiring the best people to work with you based on their skills and credentials. These choices also include having a plan to keep your employees motivated.

If you are unable to keep your employees motivated and happy with your business, you will see a high staff turnover. This is an issue that you do not want to face as it can affect the level of the work that you do.

Price Competitively

Another essential to running a successful construction company is to price your services competitively. This does not mean that you should undercut all of your competition and be the cheapest firm on the market. This strategy can lead to additional problems such as potential customers assuming that you do not offer the same level of quality as your competitors.

When you price your services, you need to carefully consider what your overheads are going to be. You have to be able to cover these costs as well as make a profit from the job. It is recommended that you look into your competition’s pricing strategies to understand what they are doing and whether you should follow suit.

Always Comply With Regulations

The construction industry is a highly regulated field and you need to know what the regulations are. It is essential that you keep up to date with building codes and safety standards. You should also keep up to date with any changes in the industry that could give you an edge over your competition. If you do not comply with all of the regulations for this industry, you will not get the work you need to be successful.

There are many essentials for running a successful construction business that you need to know about. These essentials will include making a good first impression as this sets the tone for your customers. You also need to make smart leadership choices in regards to who you hire and how you keep everyone motivated. Complying with regulations is another essential that you need to know about.

Top 3 tips for providing excellent customer service

No matter how good your product is, if you fail to provide satisfactory customer service then people won’t buy from you again. You should always focus on improving your customer service. Here are some tips that can be useful.

Train your employees


You should train your employees so that they can talk politely with the customers and offer them help. The employees should have thorough knowledge on the products so that they can suggest different products to customers. The employees must be trained to understand the customers’ needs and offer them suitable products. They should be able to reply to any queries customers might have regarding the product.

Resolve customer problems fast


You should try to resolve customer problems at the first time. The customer should not be given the chance to call you repeatedly to fix their problem. You should be able to solve the issue immediately. You should train your employees well and assign someone experienced to be the first point of contact. That person should take the responsibility for the entire matter. You can offer live chat services so that customers can get solutions to their problems very quickly. Whenever you receive any customer feedback, you should consider it seriously and act upon it.

Try to bond emotionally with the customers


You should form an emotional connection with the customers. If something goes wrong, you should apologize and try to make up for it immediately. Customers become loyal to brands when they find themselves emotionally attached to the brand.

These tips are very effective and will help you provide amazing customer service to your customers. Providing excellent customer service is the easiest way to retain customers for a long time.

5 most effective forms of sales promotion

If you want to boost the sale of your products then you should have promotions once in a while. Here are some of the most effective types of sales promotion.

Discounts

You can offer product discounts. It is a very popular form of promotion. Almost everyone loves a bargain. So, you can offer discounts as percentages of the original price. The discount should be attractive and you shouldn’t offer discounts too often; it will not attract customers. You can have flash sales, which are sale offers for a limited period of time.

Free shipping

There are many online stores available now. People find it convenient to buy from online stores. Usually these store charge extra for shipping. You can offer free shipping as a means of promotion. People like free shipping services and they will buy from your store more.

Loyalty points

You can have reward cards and give loyalty points to your loyal customers. The reward card system works well. People like to get things for free. They would love to get more reward points so that they can redeem these points to buy things for free.

Offer savings on bulk buy

You can offer discounts when people buy more of a product. For example, you can offer 20% discount if customers buy more than 10 packs of juices. You can also give one free product for every four products they purchase.

Contests

You can run a contest and give attractive prizes to the winners. The more lucrative the prize is, more people will participate in the contest. Contests create a vibe and it spreads the word. It’s a very effective strategy to improve branding.

You should run these promotions and see the result yourself. Choose a particular time of the year, especially times when the sale is low. Promotions can significantly boost your sale.

4 tips for cutting your business expenses

Businesses go through ups and downs. During the time of economic crisis, it is wise to cut down your business expenses. It can be confusing where to start. Here are some options.

Outsource tasks

You should take advantage of the latest trend of outsourcing tasks. If you are having a tough tie financially, then you should outsource some of your tasks. You can hire companies that do outsourcing tasks abroad or you can use platforms like Freelance, oDesk, etc. for hiring people to do your job. You will be able to complete the tasks in cheaper rate than if you had hired a permanent employee to do the same works. So, you can save a lot of money by outsourcing.

Cut down your financial expenditures

You should look at your insurance policy and see how you can save money by getting a more competitive rate. You can consolidate your insurance policies into one account. You shouldn’t take any unnecessary debt. You should try to consolidate your credit cards as well to lower your interest rates. You should see if you can negotiate lower interest rate with your banks.

Try to negotiate price with suppliers

You can negotiate with your suppliers and try to get the products at a lower price. Many suppliers are very helpful and friendly. They can help you.

Reduce production costs

You should evaluate your operational activities to make sure that you are fully utilizing your resources. You should try to reuse the leftovers of the production process in other ways.

These are the best ways to cut costs of your business in a critical financial situation. You should make sure that your employees don’t get demotivated when you try to cut costs. You should have a solid plan and take steps accordingly.

Infographic by: www.boltinsurance.com