Category: Local Branding

Local BrandingPersonal Branding

New Age Food Era: How Tech Improved Our Food and Lifestyles

Technology is improving every part of our lives and is having a great impact. Food is one of the categories that has certainly not been left untouched. And, no, we’re not talking about microwaves and electronic kettles – we’re talking real 21st-century changes that are having an impact on our lives and taking us into the future with the help of the food we eat.

Smart fridges and storages

How many times have you gone to the store to get groceries and forgotten to check whether you have milk at home? Somehow you just wish that your fridge could tell you what you have and what you should get. Well – it can. Smart fridges and smart storages have cameras that can give you a look inside your fridge no matter where you are. Some are even smart enough to recognize different groceries and automatically generate a shopping list. But it doesn’t end there. You’ve come home from work and you just want a nice, quick dinner but the ingredients you have on hand look like there’s no possible way they can be combined. Well, there are apps now that will tell you exactly what you can make with the ingredients you have in your fridge.

Smart homes

There’s no more worrying about whether you’ve left the stove on or if your freezer is working while you’re on vacation. With a smart home, everything is connected to your smartphone. Not only can you turn your lights on and off, but you can turn on your oven an hour before you get home to be welcomed by a cooked meal (or a slow cooker, if you want to be safe), check what temperature your fridge and freezer are at and literally even toast your bread.

Higher quality of ingredients

With evolving technology, we have more possibilities to eat various, healthy food every day. Things like freeze-dried fruit weren’t possible a few years ago, and they are such wonderful, healthy alternatives to regular sugar-loaded dried fruits. We also couldn’t understand the complex benefits that come from ingredients like pine pollen which are now readily available. Fruit and veg are picked in season and frozen nearly instantly to preserve their nutrients.

Food apps

Counting calories is boring and planning out next week’s meals is even worse. But you have apps today that do all the work for you. You tell them if you have any special requirements and dietary restrictions and you will get an auto-generated meal plan and shopping list for healthy meals throughout the week. Not to mention apps that help you pick out restaurants when you’re on the go and in a foreign country, meal delivery apps and various cooking apps that allow you to follow a recipe in real-time. It has also allowed cooks from all over the world to share recipes and tips through social media with millions of people.

Food technology

Cooking food isn’t what it used to be. We are using technology to prepare our foods in ways that couldn’t have been imagined just a few years ago. Sous vide appliances are now basically staples of the kitchen, and if you haven’t played with dry ice to fizzy up your fruit or create cool looking things, you haven’t lived. But chefs around the world that have access to more expensive toys are playing around with chemistry and technology to deliver flavors and textures we wouldn’t ever think to create.

Lifestyle apps

Eating healthy isn’t the only thing we’re getting help with. Nearly everyone is wearing FitBits, tracking their steps and planning out their workouts. You step on a stationary bike in a gym and it doesn’t just track how much you’ve pedaled, but how many calories you’ve burned, what your heart rate is and so many other things. Not to mention that there are scanners that tell you within seconds the amount of body fat and the overall state of your body.

So the tech has changed a lot, but it has unfortunately also made the unhealthy stuff more accessible and easier to do. So we have so many things at our fingertips, but we need to control ourselves and make smart choices – almost as smart as our machines.

Legal BrandingLocal Branding

3 Main Reasons You Have to Host an Open House

Selling a property on desirable prices is a difficult and time-consuming process as well. When you want to sell your apartment you usually think about different real estate agents and online advertisements of your property. The open house is a term that makes people think that they will face a strange type of peoples in their home. A huge amount will be required for the event of an open house. In reality, the open house is the best tool for the seller. The open house will bring customers directly to your doorstep. If you have an apartment in the Palm Jumeirah and you want to sell that apartment, then an open house will be a great tool for your selling process. The people who want to buy an apartment in Palm Jumeirah will visit your open house and will check your apartment without any long procedures. The open house will save you from a long time-consuming selling process. The open house needs proper ways and methods to attract customers. The following are the details of these ways by which you can make your open house successful and can get your desired customer and price as well.

It’s an Opportunity to Set Your House Apart from The Rest

Posting ads related to your apartment on the internet along with the pictures will not attract customers properly. The open house will allow them to visit your home and check everything without any realtors and other time-consuming processes. This type of open house hosting needs a proper home decoration. The decoration of your home will attract customers more. Hire staging company for furnishings. The good appearance of your home will make the process of selling faster.

Social Situations Ease Tension

In the open house, you will face multiple types of customers along with their agents. You and your agent can directly meet with customers and can discuss the process of your home without any embarrassment. These types of social events give a good and relaxed environment. The timely home viewing is usually not relaxed for you and the customer as well. You will get embarrassed by customers that come to visit your home at different times open house can save you from this time-consuming process by inviting all customers at the same.

Reduction in Marketing Cost

The open house will reduce marketing cost. You can easily sell your home by an open house as too many eyes on your apartment in a small duration of time will make selling process faster· The individual showings usually take more time and the open house can skip all these individual showings. The one-day affair is easy then every day showings of customers at your home doorstep.

Local Branding

Why are Advertising Signs so Important for Local Businesses?

If you’re in business and have a physical location, it’s vital you have a strategic approach to driving customers through your door. With so much focus on online advertising media such as Facebook, Google Ads, and other platforms, it’s largely forgotten that bricks and motor stores can still use traditional means to promote their business.

One such method that is so frequently overlooked is signage. Although adding custom signs to your business may not seem like an innovative idea, not implementing this basic marketing method can have detrimental effects on your business.

Here are 5 key reasons you can’t overlook signs for your business.

1. You can capture passing traffic

Signage, such as signage for restaurants, is an effective way of encouraging those walking past your location to stop and come inside. Generally, there will be two types of people who pass your premises: those who are aware of your business and those who are not. Your signage effectively has the same result for each type of person (ie. it gets them into your store) but for two different reasons.

For the people who have not heard of your business, you are actively promoting it to them, showing them you exist and potentially gaining a brand new customer. For those who have heard of your business, you’re reminding them you exist. You see, people need to see your brand or offer several times before they act, so giving them a sign on their way past may just be the push they need to take action. 

2. It’s the silent salesperson

Your signage effectively sells all the time. It takes no breaks. It doesn’t take sick days. And it sticks it out during the holidays. Your business’ signage is the best salesperson you’ll ever have because it constantly reminds people of your brand or tells people about your special offers. It works 24/7 to keep you top of your customers’ minds.

3. It’s cost-effective advertising

Generally speaking, signage is one of the most cost-effective advertising methods you can use. While there may be a sizable initial outlay, once your signage is up, there are no real ongoing costs.

Unlike pay per click advertising or the monthly costs of search engine optimization, your cost per view technically decreases each time somebody looks at your sign! Providing you opt for a good quality sign, you’ll get years of advertising from a single one-off investment.

4. It connects online with offline

It can’t be denied that businesses must have an online presence these days, but for businesses with physical locations, it’s important to blend that with your offline presence too.

If someone has been exposed to your business online, you need a way for them to make the jump from the digital world to the real world. So many people shop online because it’s easy, so you must ensure that you make shopping at your physical store just as easy. Business signage acts as a guiding light to your location, which is vital when you’re trying to prove that customers are better off coming down to your store than buying goods and services online.

Think about it, if you saw an ad online for a moving sale and there were no moving sale banners at or near the house you arrived at, would you bother getting out of your car or would you go to the one down the street that did have signage?

5. It puts you above your competition

If there are a high density of businesses in your industry in a similar location, your signage can make or break you. It can be the reason customers choose your business over the others… or it can be the reason they choose the others over you.

For that reason, it’s not only important to have signage, but it’s crucial to have great signage. If the signs outside your business look old and run down, or they just don’t look professional, it can be as detrimental to your business as not having signage at all!

6. Repeat Business

It’s important to understand that signage isn’t just an important visual component of your external marketing too. Once your customers are inside, you want to make sure you do everything you can to encourage them to come back again.

Repeat customers are your best customers, so you must display signage detailing promotions or showing them why they should connect with you online.

The Bottom Line

It’s really simple! Make sure your business has professional signage which reflects your business and gives customers a reason to come in. Whether it’s vinyl window signage, A-frame boards or flags and banners, you can’t afford to not have it!

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Real Estate Revolution through Blockchain

Traditional real estate sector is quite hectic for both agents and customers. People are trying to find out a reliable means of investment.  Innovation in blockchain technologies means that the real estate sector has no need to rely on traditional documents procedure and sales procedure.  The reason behind this is that property ownership, titles, insurance, and escrow processes are moving onto the blockchain. Dubai real estate sector is shifting towards a blockchain that will be much flexible compared to the traditional approach of investment.  All you need is just to search and purchase on a single click. For example, if you want to know about apartments available in creek harbor for sale, you can simply click Apartments for Sale Creek Harbour and the list of apartments will appear.  Technology has made life easier and reduced complexity to a great extent.

Blockchain, an appealing force

It is an encrypted electronic record of data on a distributed archive where data is stored over a variety of system and shared simultaneously. The business process can be streamlined within the real estate sector and much more. 

 For instance, real estate property is to be transformed. Blockchain creates different methods for real estate investors and agents.  

Blockchain creates New Methods for Real Estate

  • Various land registries projects have been proposed by different countries that make use of smart contracts and blockchain technology.
  • Blockchain will ensure trust and transparency in property transactions that will improve real estate systems and bring liquidity to the real estate market. 
  • This technology will increase liquidity in terms of property fractionalization which is a radical new approach. It will gain momentum by keeping tokens or units in the residential era.  
  • Blockchain will set up a market for people who are interested in investment but not have resources. 
  • Tokenization will lead to a positive impact on the market. Properties can be sold out on a single click.
  • Moreover, property agents can have a broader range of roles and dealing the customers about the investment process and how to make use of fractionalization property approach. 
  • Not only the current methodology of buying and selling will be improved through blockchain but also it will result in a positive attitude of customers. How we invest, how we live, how we pay for accommodation all this will be reliable through blockchain.
Local Branding

How to Choose Computers for Your SME

Starting a small or medium-sized enterprise is a stressful process, but people all around the world are still doing it. This could be a way for you to realise all your business potentials and play in the big leagues. So, start your SME right now, but don’t forget to equip it with some new computers too. Choosing equipment can be rather hard, especially when it comes to computers, and most people don’t know what to do. So, if you’re in a dilemma as well, here’s how to choose computers for your small or medium-sized enterprise.

Spend as much as you have to

With so many options out there and more models than you can imagine, buying a computer has never been harder. But, there’s one aspect you can always rely on – the prices. More expensive computers often offer better performance and enhanced longevity, so don’t be cheap when purchasing them. Reliable computers for your business can easily cost anywhere from $200 to $1000, but are an investment worth making. So, be prepared to spend a bit more money than you’ve planned, and you’ll be making the right choice.

Choose a great operating system

Again, there are so many operating systems you could use, and picking the right one might not always be easy. Most people opt for Microsoft Windows or Linux, but you can always go with Apple Mac as well. That’s why thinking everything through is vital, especially for a small or medium-sized enterprise. Also, once you’ve made your decision, be sure to stick with it. Use the same operating system for the entire company and don’t confuse your employees.

Get the right size

This is another dilemma you’re going to face – picking a desktop or laptop computer. In the end, it doesn’t really make any difference, as long as it’s working, but what about the size? Desktop computers are bigger and less discreet, while laptops can be easily stored away in any office space. You can also go with those mini PC’s that are even smaller and more silent. A powerful mini fanless PC is quite enough for your small or medium-sized enterprise, and will get the job done. It’s tiny, powerful, silent, and clean – and these are the things businesspeople all around the world are looking for.

Insist on processors and RAM chips

Whatever model you opt for, these are two things you need to insist on. The processor is the most important component in your computer, and making sure it’s great is crucial. Don’t be afraid to spend more money on that, and you’ll get faster computers that do more in less time. When it comes to RAM chips, the more the better – use every slot your computer has, and boost its power. This will speed it up, which will give your employees a chance to work uninterruptedly on a daily basis.

Avoid old models

Trying to save some money here and there is quite all right for new businesses, but not when purchasing computers. That’s why you shouldn’t buying last year’s models, if possible. These may not be outdated per se, but certainly aren’t the best ones you can afford. All computers have a certain lifespan while buying an old model will put you significantly behind, and that’s never good. So, look into new models, explore their prices, and make a choice you can afford.

Consult your employees

In the end, computers are essential for every SME, and they should be treated as any other tool. This means they’re supposed to be used all day every day, by a number of people. That’s why you might want to consult your employees when buying new computers because they’ll be the ones using them. After all, modern companies are generally spending more money on equipment than workers, and that’s quite dehumanizing for your employees. That’s why you should talk to them and hear them out before getting them a computer. They’ll feel validated and be happier to bring their A game to the office day after day.

 

As mentioned before, buying computers for your small or medium-sized enterprise isn’t the easiest thing in the world. But, if you do your research and take your time, you’ll surely find a model that will work for you.

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Experts Discuss Small Productivity Tips That Bring Big Benefits

As an entrepreneur, you have a lot to juggle every day. What takes more time and energy? Those big tasks that you do once in a while that bring big results to your business, like meeting clients or planning your next venture? Or the small stuff that seems to creep in all day long? If you’re like most entrepreneurs, it’s the latter.

Those small things take our valuable time and energy. In this marketplace, energy is the most valuable resource we have. If you’re wasting this precious energy every day on time-consuming tasks that don’t amount to huge growth for your business, this is something you need to fix.

Luckily, you’re not in this alone. We’ve talked to the best entrepreneur and business experts around to see what they do that makes the biggest difference. Unsurprisingly, it’s not the big changes that add up. It’s those small changes that leave the biggest impact. 

What would you do with 10 more minutes each day? What about an hour? While it might not seem possible, learning to use your time more effectively and to use the right tools will make all the difference. In this guide, we’ll share the top small productivity tips for 2019 that bring big benefits. Some of them might surprise you, but they’ll all make a difference if you give them a chance. 

This isn’t a static list. We plan to keep it growing and evolving as we learn more about what works for leaders and productivity experts across the globe. It’s time to reclaim your lost time to supercharge your day. You have nothing to lose and so much time to gain!

Master Your Scheduling

Fletcher Wimbush from The Hire Talent states that our time as professionals, endless back and forth to nail downtime is super annoying. However, most people don’t approach using self-scheduling tools in the right way. It is critical to use these tools for the OTHER person’s benefit and not just yours. Also, the placement of these tools in your emails matters.

For example, I place this before my signature and salutation after I request a time to meet with someone:

Great I would love to schedule a time to meet with you is there a good time for us to connect this week?

If it is more convenient for you please feel free to choose a time for us to chat using this easy scheduler link.

9.5 / 10 times people use the self-scheduling tool when I do this!

Walking

Our partners from HR Management App suggest “walking breaks”.

Office work is characterized by prolonged and uninterrupted sitting time. This can result in not only physical, but also cognitive fatigue which poses a threat to your productivity levels. Walking is the best way to smash through this fatigue and boost your creativity. The best part is, you will receive benefits regardless of how long you walk for.

Introducing 5-minute bursts of moderate intensity walking into your routine will improve productivity, energy levels, mood, and cognitive performance. It requires no skill and can be performed at any time within your office without sacrificing your break time – all you have to do is get up and walk around your office building.

If you’re finding it difficult to solve a problem or are starting to feel a mid-afternoon slump, take longer walks during your lunch break. This will improve your creativity by up to 60%, enabling you to come back to the problem re – energized and with a more innovative mindset.

Prioritisation

Our partners from Ripple CRM suggest “Prioritisation”

It’s an obvious one – we all know we have things todo everyday in business. Most people have a list of things that they need to work through. A long list can become overwhelming if you have a lot to do.

Many people just start with the first thing they put on their list and they don’t think about the priority order of tasks. Also people tend to prioritise tasks on what they think is the highest priority for them and not necessarily for their company or clients.

So when trying to prioritise tasks, think about it in this order and state of mind:

1. What tasks are high priority and must get done today? Or another way to think about it is if these things don’t get done today I am definitely going to get in trouble with my boss or my client.

2. What tasks are high priority but do not need to be done today?These are the things you should be focusing on but are not essential for today’s priority.

3. Low Priority Tasks Things that need to get done but are not as urgent as the two categories above.

Each day spend 10 minutes of your time categorising your tasks into the above categories. You should know how to do your work – otherwise you wouldn’t be good at your job right? But knowing whatto focus on, is essential to any business’ survival. Small changes like focusing on high priority tasks first could mean the difference between achieving a higher revenue turnover this month instead of next month. It all makes a difference.

Take mini breaks regularly

Our partners from Insights For Professionals suggest to “Take mini breaks”.

Working for long periods without breaks can often lead to increased stress and fatigue. So why not schedule mini breaks periodically to stretch, walk around and have a glass of water? In return, you’ll feel rejuvenated both physically and mentally, allowing you to think more creatively.

https://www.insightsforprofessionals.com/management/leadership/10-top-tips-for-improving-productivity

Utilize proper productivity tools

Our partner Mehmet Akyol from Startup Buffer suggest to “Utilize proper productivity tools”.

Being a single founder, maintaining motivation and productivity requires some additional work. Using different products and services, you can increase your productivity. Pomodoro technique is one of the secret weapons that I was using for a long time. Additionally, recently I have discovered Focusmate to find accountability partners for 50 minutes of sessions. So, using both Pomodoro apps and Focusmate can help any other solopreneurs to increase their productivity.

Accomplish more of what’s important to you

Our partner from Lead Grow Develop suggests to “Accomplish more of what’s important to you”.

Investing in productivity in your career will significantly increase your chances of achieving productivity in other areas of your life. If you are living a life out of balance, then you are not living a life of full potential. Someone who plans their day intentionally can get more things done in 5 hours, then someone who works 9 hours without a plan. Without the right habits, you will find yourself returning to the starting line, over and over again.

Write a to-do list every day

Our partner Julia Mankovskaya from Daxx Blog suggests to “write a to-do list every day”.

“It may seem as easy as pie, but I would recommend you write a to-do list every day. This helps you not to forget about something on a daily run. Additionally, it is a kind of motivating stuff to criss-cross every task you did from your list. You can also put some fun and attach an entertaining picture to the tasks you consider the most complicated or difficult. After all is done – rest well.”

Prioritize your activities

Our partner Haley Gray from Leadership Girl suggests to “Prioritize your activities”.

My best tip for productivity tips is to prioritize and do the things that are most important to you, saying “no” to the things that are not important, that don’t bring you pleasure, satisfaction, or move your business or career forward. So many times we say “yes” to too many volunteer activities. It’s how I ended up as a leader to 4 Girl Scout Troops. I loved it, but it was also a huge amount of time for me, taking time away from my children, and other things that I really needed to be doing. When I started learning to say no to volunteer activities, to job opportunities that weren’t a good match, and things that just don’t make sense for me to do, life got a lot easier.

Avoid getting caught up in the work of others

Our partner Dorothy Dalton from 3Plus International suggests to “Avoid getting caught up in the work of others”.

We all know the phrase “If you want something done, ask a busy person”? Don’t let that person be you.

One of the best ways to increase your productivity is to avoid getting caught up in the work of others. Also known as being “dumped on.” Learning to create boundaries in a constructive way to avoid assuming the work of others is vital. It could be taking on the work of a boss or peer or micro-managing a report. For women making sure the office housework such as buying leaving gifts, organising baby showers or setting-up the staff outing is rotated amongst all staff regardless of gender.

Equip yourself with practical skills

Our partner from Jobstore Blog suggests to “Equip yourself with practical skills”.

Working towards learning new skills to improve your expertise and knowledge can lead to enhancing and increasing work performance. Some of the core practical skills include public speaking, writing, self-management and networking. Besides that, decision-making, stress management and basic accounting skills are equally vital and practical to learn. Adopting and exercising any of these skills can bring a measure of the change in your life and what’s more, would turn your career’s to a greater path.

Start a time-use journal

Our partner Eric Taussig from Prialto suggests to “Start a time-use journal”.

Begin 2020 by starting a time-use journal, logging any activity that you repeat daily and noting how much time it takes you. If/when you find that a combination of any three of these activities requires 2.5 hours or more of your time, look for ways to automate these tasks. If they can’t be automated, hire an administrative assistant to whom you can delegate this work.

Stop multitasking

Our partner Alan Hosking from HR Future suggests to “Stop multitasking”.

Stop multitasking and do one thing at a time – properly. While multitasking sounds like the right thing to do to cope with increasing work pressures, few realise that it simply results in a number of things being done only half as productively as they should be.

Learning To Say No and Mastery of the 95%/5% rule

Our partner Cavakia from Infooomph suggests to “Learning To Say No and Mastery of the 95%/5% rule”.

My best tip for boosting productivity in my personal and professional life is learning say no and mastery of the 80/20 rule. Coming from a low conscious country like Haiti, I was programmed to say yes to everyone and every demand I perceived to have authority over me. Luckily things change when I met two mentors who raised my consciousness. One mentor thought me that NO was the most important word  in the universe, and that I should develop the courage to use it more in order to achieve high levels of success in life.

The second mentor thought me the 95%/5% rule. A method of devoting your precious time to only perform the 5% task that requires your physical presence while delegating the 95%. I used to implement this concept to get amazing result with clients when I was a trainer. Instead of limiting my potential to the amount of clients I could train in one hour, I started saying NO to one on one traditional personal training, and graduated to group training to help more folks in that single hour. From there, I started teaching and delegating the 95% by hiring other trainers.

Plan your days in advance

Our partner Kelvin from Fuzu suggested to “Plan your days in advance”.

Knowing what you need to accomplish during a particular week will enable you to plan for the week. List all the tasks you’ll need to do in order of the urgency they need to be done and the amount of time it would take to complete each. This will make it easier for you to plan your calendar for the week while prioritizing the work that matters most.
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Investment Plan when Building a Home 

While most people prefer buying a fixer-upper and then renovate it, others don’t mind building homes from scratch. This gives them a chance to build their own dream home, and that’s something you can’t put a price on. Still, this sounds like the hardest thing in the world, but it’s really not as complicated as people generally think. It’s all about making a plan, defining your budget, and trying to stick to it as much as you can. So, if you too are building a new home, here are a few financial tips you should follow.

Invest your time in your budget

First, you need to figure out how much money you’ve got and how much you can really spend. Going broke and spending every cent you have is never fun, so avoiding that situation is a must. That’s why you have to define your budget first and know how you’re spending every single dollar. After that, you need to try to stick to your estimate and not spend money you don’t have.

Hiring designers and contractors who understand your budget and respect it is a must. These people will help you save money, if possible, during every step of the process. Also, think about using second-hand materials and resources that are more cost-effective. Finally, don’t forget to create a contingency budget too, in case something bad happens. Unexpected situations can’t be avoided, so you’d better be ready for them. Anything from weather disasters to soil quality could set you back and cost you money, so get prepared in advance.

Invest your money in a proper kitchen

While most people think the living room is the center of every home, the kitchen actually receives more attention. This is where you’ll spend a few hours of your day, preparing healthy meals for your family. It’s also space where you can hang out with your loved ones and even receive your guests. In short, this is an area that makes your house a home, and it deserves a ton of attention.

When it comes to creating a perfect kitchen, it’s all about maintaining the balance. Make sure your cabinets aren’t too huge but are still big enough for all your essentials. Also, pick the right pattern for your countertop because it could easily turn into the focal point of your kitchen. Finally, invest in some new appliances that will make your cooking process easy, enjoyable, and successful every single day.

Invest your energy in the design

Building a home for yourself and your family is something you’re probably going to do once in your life. Therefore, you should make sure this home has everything you need and is perfect in every sense of the word. This means it has to be practical, functional, and, above all, visually appealing. That’s why the design is so important, especially if you’re planning on spending the rest of your life here. Homeowners all over the world, from Australia to the USA, know that and pay attention to their home’s visual appeal.

Creating the perfect design isn’t that easy, though, and you need to get inspired. Follow the latest trends, talk to designers, or consult your friends who have already gone through this process. You could also look into project homes, which is quite a popular idea with the aforementioned Australian homeowners. They could get explore ideas presented by those creative project home builders from Sydney who know everything about building homes. Checking their floor plans and solutions could help you define a design of your own, so look into them ASAP.

Invest your patience in the project

Unlike purchasing a turnkey property that you can move into straight away, building your own home takes time and patience. Houses can’t be built in a day, and the entire process might end up taking several years. This will test your patience in more ways than one, but you should stay cool and committed to your goals. 

Building a home from scratch involves a number of different projects, from designing to decorating it, and everything in between. Depending on the size of your construction, you could even be done in a matter of months, if you’re lucky. If not, you could run into problems and holdups, and waste weeks dealing with them. This is why being patient is so important – otherwise, you’ll be under a pile of stress all the time. 

Building a home of your own is a big, serious, and complex project. It’s a dream project for people around the world, and something that will give them a home they deserve. However, it’s a project you should definitely not try to complete on your own, especially if you have no experience. But, if you invest your time, money, energy, and patience into this project, it will surely turn into a success!

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Real Estate: Risks and Opportunities Associated with it 

Real estate industry is a huge business today and making billions of dollars in revenue. The industry has also enabled thousands of entrepreneurs to earn massive profit in their startups. Real estate is any property comprising of land and improvements like buildings, road structures, and utility systems. Some of the best examples of real estate are Dubai Marina Apartments, Palm Jumeirah Villas and Business Bay sky-scrappers.  They can be bought by both local and foreign citizens, the latter being helped by local real estate attorneys who make the due diligence process and assure all the documents are all right. 

Types of Real Estate

Real estate can be divided into four major categories based on their utilization and purpose. The main types are Land, Residential, Commercial and Industrial.  

  • Land is the foundation for any kind of real estate, be it residential, commercial or industrial. Land is an unconstructed and vacant piece allowing for the construction and its value is associated with zone and combination with other properties. Property developers buy this kind of property and rezone it with other properties to increase its worth and density.
  • Residential property refers to the property that is especially meant for residential purpose. This kind of property is attractive to professionals, family-oriented buyers and investors. This is the most common type of real estate. 
  • Commercial property refers to any kind of land and constructed buildings that are used for commercial purpose. This kind of real estate is a center of attraction for business investors and play a vital role in revenue generation and employment opportunities. Examples include shopping malls, retail outlets, restaurants, and cafes. 
  • Industrial property is the one used for industrial and manufacturing purposes like factories, research, and development, warehousing and logistics. This kind of real estate is also a vital role player in proving investment and employment opportunities.

Risks

  1. Real estate responds to the macroeconomy. This risk, involving scenarios like downturns in the local or national economy is beyond the control of the business owner.
  2. A location once preferred for real estate investment might turn less preferred and vice versa. 
  3. An increased supply, for example, the construction of new and better projects in the vicinity might depreciate the value of a property.
  4. Building management companies might change their priorities and requirements, specifically probable for aging properties.

Opportunities

  1. Brokers can use technology to enhance selling experiences like virtual tours, personalized recommendations, and tracking.
  2. Buyers can be more educated by speeding up the sales cycle by knowing what they want and need.
  3. Brokers have many opportunities to earn good money, hence promoting employment.
Local Branding

Starting a Business in Dubai – 4 Tips You Should Be Aware Of

Dubai is the corporate capital of the UAE – the United Arab Emirates. Its economy is expected to expand at a quicker pace this year, outgrowing the levels achieved in 2018, despite the global economic slowdown. GDP – gross domestic product – is expected to grow 2.1 percent in 2019, further accelerating to a staggering 3.8% in 2020.

This city provides ample business opportunities and innovative commercial modules for corporations all around the world. The investor-friendly environment and international exposure are just some of the factors that propel entrepreneurs to start their businesses here. Yet, it isn’t easy for a new entity to understand the process of setting up a company. Here’s a list of the top-picked tips to be aware of before starting your own business in Dubai.

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Know your business

For a successful business venture, you will need a sound knowledge of the region, in-depth research of the viability and demand for your service or product and a solid business plan that can attract investment partners. You may have an amazing idea, but if there is no demand for it, what would you stand to gain?

Researching competition will allow you to have a business offering that is a notch above theirs. Initial research should include spending some cash on marketing to feel out the demand for your product, which will probably save you thousands of dollars in the future. You can also gauge the interest in your service or product by utilizing Facebook, Google and other social media and search engines to ask people for their opinion.

Find a local partner

The law in the UAE states that your company must have a local partner who holds the majority interest and can thus control your business, which includes closing it, if necessary. The partner will own 51% of your enterprise, so they can call all the shots regarding it. Whether this partner is a company or a person, they don’t have to contribute to the business investment or participate monetarily at all.

When self-employment is in question, there are numerous ways that a partner can be remunerated. This local partner requirement is currently under review in certain states, to encourage foreign investment.

Hire consultants

For starters, you can hire two or three finance consultants to help you sort out all the expenses and predicted income regarding business development – to ensure you will grow in the right way without making mistakes. Or find specialists on business deregistration, they always know the reasons why a business closes in every industry as they go through that same process with their clients.

Other than that, you can also consult professionals for company setup in Dubai who can provide you with expert advice and solutions about business restructuring. This will safeguard and maintain the control of your corporation’s presence through the UAE. They, like the previously mentioned financial consultants, can offer you a range of corporate structuring and consulting services that are suited to your company’s activity and expansion plans.

Registration and external approvals

You will have to register your trade name with the DED. Standards from the DED – Department of Economic Development – state that you will have to give a name to your business. This trade name will act as an identifiable trait of your company, and hence DED emphasizes associating the name as per the license type. It usually takes around three days to register a trading name, that is afterwards valid for a period of six months.

Besides this, you may also need external approvals for your company in Dubai. DED dispenses trade licenses to companies and works with investors. However, at times you may also need external approvals to start your business. Typically, such permissions are acquired by semi-governmental and non-governmental bodies.

Based on these details, it is obvious that starting your own business in Dubai is an extensive process. Nevertheless, you can ensure that it is fast and cost-effective by having a company setup consultant. With an expert business consultant, you won’t waste time and money on unnecessary items and documents.

Digital BrandingLocal Branding

How Can You Drive Business to Your Website?

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Have you ever developed a website? I mean not literally with coding and stuff but have you ever had to hire a team, work with them to get a website developed. If yes you would know it’s not as easy as fishing in a barrel. There are plenty of factors that affect website development like cost, delays, and team management. It’s better to understand these things before you hire the website development company or a freelance developer.

When you don’t exactly know the requirements of your website, there is a high probability of making blunders. That can be a set off for bringing the business to the website. Here are some of the ways to save your website from that and help drive business to it.

Pick Your Functionality

Developing a website is a bulky and time-consuming thing unless you are just picking a template and launching it. It takes a considerate amount of time in building it from scratch, finding the right partner to do it for you, and by the time you launch it, the precious time has gone.

To cut down the delay, decide the most important functions of the website before passing through the development phase. Let me put it this way, a good website is way better than having a perfect website in far in the future.

Sometimes, it’s the time you need to take the most advantage of. Start with an MVP model and get in the digital world at the earliest.

Design That Everyone Can Connect

“Design is not just about how it looks and feels but it is also about how it functions.”

So, instead of scrutinizing the design images in the jpg format and have a lot of discussion and improvement in those images and then do it all again in the functional website. It is better to be able to see the design live in the browser, have a discussion and make the changes accordingly. A functional website is way better than static images. It would be easier to make a decision with a live website.

Newer Needs, Higher Cost

If you hire a company that has adequate experience in website development, they will help you figure out the essential features or the ones you are missing out and a fair estimate of the same. In the absence of that, there might be a chance of missing out key features which you have to add at a late date and have your budget all up and down. They can help you review and show you what’s best for your website and the best ways to drive the appropriate amount of traffic to your site.

Security Blunders

One of the reasons for losing traffic from your website can be security issues. Make sure that the developer keeps the backup or copy of every single thing. The CMS and the code have to be kept as secure as possible. Try to set a complex password, versions updated, and several layers to security for utmost security. The help of a professional is always appreciated.

Mobile Compatibility

The website must be mobile compatible as a large amount of traffic is driven from a mobile device. The design has to be such that it works on the device with every type of device and screen size. Make sure that it does not crash when it opens on the mobile device and avails the user with great user experience. Also, the loading time should not be too long. Long loading will definitely drive the user away instead of inviting them.

 

Authors Bio:

I am Pratik Kanada, founder & CEO of 360 Degree Technosoft, an iPhone and Android app development company which makes app ideas into reality. We also provide unique design and development services globally. I generally write blogs on mobile technology, app development services, app marketing, website designing, and development.