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Posted by on Jun 12, 2017 in Finance, Ideas | 0 comments

3 Ways to Secure Your Business from Liability Claims

3 Ways to Secure Your Business from Liability Claims

No business is without risks. As a responsible business owner, however, it is your duty to create a safe environment for your business to operate in and manage your finances appropriately. Whenever unexpected events occur without you having an appropriate strategic plan, the results can be catastrophic. By mitigating such risks, you can reduce the chances of suffering financial loss from a liability claim. Liability insurance protects your business, employees, and third parties within the premises from unforeseen circumstances. However, even with insurance coverage, it is your role to secure the enterprise from liability risks through in the following ways. Identify Hazards in the Business Many firms get sued every year for accidents and injuries that occur in the workplace due to negligence. Falls are some of the common types of liability risks that can cost businesses thousands of dollars. You can mitigate these risks by identifying areas in your business premises that pose potential hazards. These include slippery floors, steps, staircases, misplaces furnishings, and uneven walkways. Take actionable...

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Posted by on Sep 3, 2014 in Featured, Ideas | 0 comments

How to Start Your Own Courier Business

How to Start Your Own Courier Business

It’s remarkably easy these days for anyone so minded to start their own courier business. All it takes is the right vehicle, and the drive and entrepreneurial mind to go out and find clients, providing them with top quality service and peace of mind that their deliveries are in safe hands. If you want to join the wide variety of people starting up their own courier business, then here is a guide to the best way of going about it. Building a Company Start out by creating an office using some spare space in your home. If you keep track of the hours you work from home then you may well be able to deduct your home office for tax purposes. Create a name for your business and go through the necessary steps to register it as a company. Then you can work out where you want to locate your company, and which customers you want to target. Do you intend to focus for example on residential customers or...

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Posted by on Aug 30, 2014 in Featured, Ideas | 0 comments

Checklist for Starting a Courier Service

Checklist for Starting a Courier Service

If you’re planning on setting up on your own and launching a courier or delivery service then there are a few things you need to have in order to get off to the best possible start. Some of these things are physical and tangible, but others may be a little less obvious yet just as important to the successful start and running of your firm. Key Equipment There are certain items and pieces of equipment that it is vital for any start-up courier service to have. A vehicle for example is essential, and ultimately will become the key element of your delivery service. If you’re going to be delivering many articles at a time then a larger vehicle like a truck could be the best choice. But when you’re starting out you need to be able to work with your parameters. Also worth considering carefully is the insurance you’re liable to pay both on your business and on your vehicles, look for reliable companies who offer courier insurance such...

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Posted by on Aug 30, 2014 in Featured, Ideas | 0 comments

How to Start an Engineering Firm

How to Start an Engineering Firm

Though many engineers out there are working for well-established companies, earning significant amounts of money to apply their skills to all kinds of projects, some make the bold leap to set up their own firm and go it alone. With enough experience working in your particular field, and the wherewithal to go out and start securing your clients, you can join them. Here are some tips on what you can do if you want to set up by yourself. Size up the Market Wherever you are based, it’s a good idea to start off by looking around your region to see where your competition is to be found. That way you can see whether you are going into a market that is already saturated with engineering firms that offer the same services that you plan to offer. Study your competition carefully and then you can develop a competitive edge enabling you to provide a unique service that you and you alone can offer, beating anyone else out there in...

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Posted by on Aug 26, 2014 in Featured, Ideas, Tips | 0 comments

Creating and Owning a Commercial Fleet: Top Tips for Best Practice

Creating and Owning a Commercial Fleet: Top Tips for Best Practice

Whenever you look to develop a commercial fleet, there are a host options that you can use to drive down costs and enhance your business. One of the most important is the choice between leasing and purchasing vehicles, as this impacts on both short and long-term costs and will influence the way in which you deploy your fleet. There are also various advantages and pitfalls associated with both, so you will need to give consideration to these before making a final decision. Buying Your Commercial Vehicles: The Benefits of this and Advice for Best Practice If you intend to buy your commercial fleet, for example, it is important to consider the benefits of this and develop an understanding of how to achieve the most competitive deal. One of the most prominent advantages is the potential discounts available, especially when you partner with a proactive firm such as Orange Wheels and make a firm commitment to buy in bulk if necessary. If you conduct thorough market research and prioritise firms...

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Posted by on Jan 28, 2014 in Featured, Ideas, Tips | 3 comments

Start Your Own Spa Salon – List of Equipment Required

Start Your Own Spa Salon – List of Equipment Required

Spa salons are a rapidly growing business.  Why?  Because everyone loves to be pampered and deserves to be treated like they are a king or a queen.  When first starting a spa salon, it might feel overwhelming to know what equipment you need.  Here is a checklist of items that every spa salon should have when first opening their doors. Administrative Equipment No matter what services you are offering at your new spa salon, you will need some administrative equipment to keep the business running. A cash register will be needed, as well as a phone.  An appointment book will be necessary, as well as a computer to do book keeping on. A desk or counter will be needed to keep all this equipment on and most likely a chair as well.  You will also need to have chairs or a comfy couch for your guest while they wait for their appointments. Basic office supplies such as a calculator, pens and pencils, tape, and a stapler may also be...

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