4 Things Everyone Should Know About Cars and Driving

There are plenty of advantages to owning a vehicle, as we all know; indeed, that’s why so many of us fork up the cash to get a nice set of wheels in the first place. However, sometimes, that’s where a person’s knowledge of their vehicle ends.

They can tell you the color and the manufacturer, but not so much more and this can have consequences, especially financial consequences. If you’re going to be a responsible car owner and driver, then there are some things you’ll need to know. Below, we take a look at four such examples. 

What Are You Driving?

First thing’s first: what are you driving? Not all cars run the same, even though that’s generally what people think. It’ll be in your best interest to read the manual.

It’s not the most exciting of tasks, sure, but there is a reason why they put one in the vehicle: they’re full of useful information that might just save you some money further on down the line. It’ll tell you the correct way to drive it, the type of gas that it needs, and so on. 

The Maintenance Schedule

It doesn’t matter whether you’ve got a brand new vehicle or one that has been driven 100,000 miles: it’s hyper important that you’re staying on top of the car’s maintenance.

Like with most things, it pays to be proactive. Your car might have a small issue that is easy and inexpensive to fix when it first presents itself, but which, left alone, could turn into something much more problematic. Some of the tasks you’ll be able to do yourself, but others will require the hands of a professional.

It never hurts to take your car into a service every few months or so. There’s also value in finding and building a relationship with a trusted mechanic. 

If Something Goes Wrong

All going well, you’ll have a relatively straightforward driving career, in which you won’t be involved in any incidents. However, there are no guarantees.

As such, it’s important that you know what to do after a minor car accident. This will help you to get treatment for any injuries that you sustain, and also ensure that any financial compensation that is owed to you comes your way.

Nobody expects to be in a car accident, but they do happen from time to time, and as such, the best way to ensure nothing bad comes from it is to be prepared.

Changing Tires

If you own a vehicle, then you should know some basic car-related maintenance tasks. Take changing a tire, for example. This is something that is very straightforward if you know how to do it.

There’s nothing worse than leaving work, and realizing that you can’t get home because you have a flat. If you don’t know how to change the tire, then you’ll need to call someone out and wait for them to arrive.

If you can do it yourself, you’ll be on your way in fifteen minutes or so and you’ll have saved some cash, too.

Can You Hire Contractors For Your Side Hustle?

Starting a side hustle is a common decision that many households take in order to boost their income. More often than not, the side hustle can be run during your free time. But there will come a moment when you get to the end of your abilities.

At first, you may choose to dedicate a few hours during the week. But, if your side business becomes successful, you’ll soon realise that you need to provide additional services and operative hours to your customers.

Unfortunately, until your side hustle becomes a viable business on its own, it’s never a good idea to give up your day-to-day job until you’re sure your side hustle is robust. However, it’s a never-ending dilemma.

You need to invest time to grow your hustle, but you can’t afford to quit your regular-income job. What is the best way forward? 

Many households choose to abandon their side hustle when they reach a critical point. However, there is another option that can prove helpful to you and allow you to grow your side hustle without taking uncalculated risks.

Everything successful entrepreneur has started in a modest environment. Google, Apple and Windows all started from a garage before they could outgrow their premises and hire their first employees.

Knowing that Bill Gates is one of the most celebrated millionaire philanthropists, it makes no doubt that with the right direction, any side hustle could potentially set you financially free – just like it did for Gates. However, before your side hustle turns into a full-size company, you need an extra pair of hands to set things ready.

Indeed, you can’t invest more of your time into growing your activities. However, you can pay someone to do it for you. If you’ve never considered hiring a freelance contractor, now’s the time to change your mind and explore the option.

As a side hustler, you are probably going to worry about a lot of different situations when it comes to relying on someone new. Here is a quick guideline of what you need to know about freelancers and why you should hire one – or more. 

Most businesses love contractors

More and more businesses have been relying on independent contractors for their company. Indeed, in a world where the work-life balance has become an obsessive quest, freelancers are taking over the work market. Their situation allows them to enjoy more flexibility.

They can choose to work when they need to, and they can schedule days, weeks or even months away from the workplace. Additionally, it’s not uncommon for freelancers to work remotely, which enables them to accumulate projects and clients. From a business perspective, contractors are a smart choice.

Ultimately, you only keep them until the project is over. In other words, you only pay for what you need when you need it. If you’re running a tight budget, you can set a relationship on a project-basis to make sure you don’t drag your budget in the red. 

How do you pick a contractor for your side hustle?

You have probably developed a strategy to accept or reject clients’ requests by now. Instinctively, you can tell when a client is going to be difficult, and, being a side hustler, you’re in a position to turn down the work offer – as you don’t rely on your side hustle to make ends meet.

You’ll find that your instinct will be just as helpful when it comes to finding the right freelancer for your project. If you’ve chosen to approach freelancers through dedicated platforms, such as Upwork or peopleperhour, you should check this handy article on how to choose the right person for you, https://www.upwork.com/hiring/startup/how-to-choose-and-interview-freelancer/.

Typically platforms have a rating system which lets you set the most recommended freelancers available for the set of skills you research. Additionally, you can also check their profile to get a feel of who they are and what they can do.

You can, however, find freelancers through different approaches. Indeed, many freelancers use social media networks such as LinkedIn to promote their skills, for instance. It’s a good platform to start your research. 

How do you pay a contractor?

money

When you hire a contractor for a one-time job through a freelancing platform, payment is going to be the last thing you’ll have to worry about. Indeed, most platforms have a payment system, which you can set to hours, days, or tasks, depending on your needs and preferences.

Typically, this is something that you will have to establish at the time of posting your job request. However, if you’re recruiting freelancers outside of those platforms, you will need to create a strict payment policy with your freelancer.

At the beginning of the project, the freelancer will have to confirm their hourly/daily rates, if you choose to use this system. You can then use a time management tool, such as https://getsling.com/employee-time-clock/ to clock in their time, which can be useful for long-term tasks. For one-time projects, it’s best to agree on the cost and payment terms before starting the work.

Some freelancers can have specific conditions, such as payments within 7 days or 15 days, for instance. 

How do you work with a contractor?

It’s not easy to work for yourself. But having someone working for you is a completely different kettle of fish! Ultimately, you need to change your habits to make sure someone else can work alongside without wasting your precious time.

Whatever you’re working on, remember that your freelancer is likely to work remotely. Therefore, you need to digitise everything you do and put it in a place that is manageable, accessible and editable for both of you.

Google Drive, for instance, offers a variety of tools for writing, reporting and building projects. It’s also recommended to stick to tools that are also mobile-friendly, as freelancers can work on the go.

In other words, the easier you make it to your freelancer to access information and work, the smoother your relationship will be. 

How do you pass information? 

Sharing documents is one thing, but it’s not quite the same as passing on information effectively.

You need to communicate effectively – if you’ve been running your side hustle alone until now, this is going to be a massive change. Your freelancing contractor may not live in the same time zone.

If you are planning on running catch-up calls or video conferences, you need to agree on a time that is suitable for both of you. Stating your availability clearly will make a big difference!

Communicating in writing is a life-saver. Writing instructions, decisions and necessary data ensures that you can trace back everything. Lastly, remember to be a good boss even if you’re only dealing with freelancers.

While it might be tempting to check on your contractor, don’t turn into a control freak: you’re only going to cost your side hustle precious time. 

How does it look like from a tax perspective?

If your side hustle doesn’t hit a taxable level every year, you may not even need to fill up a tax self-assessment form. However, even when your side hustle doesn’t deliver a high income, if you’re running an official business – a limited company, for instance –, you will need to fill up your corporate taxes.

Regardless of your tax choices – aka of whether you’ve formed a company or running a self-employed business –, hiring a freelancer will transform your tax return. Ultimately, the costs associated with the recruitment and payment processes need to figure on your tax return as they affect your overall profits.

If you are unsure about how to share the information from a tax perspective, you should work with a certified accountant to handle the matter safely. 

How about building a long-term relationship?

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When you find a talented freelance contractor, you want to make sure you can keep them!

Most freelancers are experienced with long-term working relationships so that they will most likely shape their tasks into a recurring project if you both agree on a regular commitment.

However, there are a few things you can already do to encourage them to work for you again. Make sure to give your contractor a tour of your side hustle – virtually or physically, depending on the situation.

It’s the perfect way of introducing your goal, your skills and your resources. 

Good freelancers bring growth

You need freelancers to create growth, but you need growth to afford freelancers. Is there a way forward to solve the eternal outsourcing dilemma for small side hustlers? The answer is yes.

Tyically, you can work closely with dedicated marketing experts to drive more business. Indeed, content marketing freelancers are your best go-to contacts when you’re in the process of growing your business.

They can not only create appealing content, but they can also help you to reach out to new customers. From a blog post to an entire online course, published content drives new customers over time. In other words, you want to boost your online presence before you can take on contractors to do your job! 

In Conclusion..

The bottom line is that without someone to dedicate time to your side hustle, it can’t grow. Hiring a contractor and managing your work relationship can let you plan ahead without needing to give up your day-to-day job. Admittedly, it’s not going to be easy to find someone you can trust. But don’t give up! A reliable and trustworthy freelancer is your best ally to transform your side hustle into a small business.

Protecting Your Investment When Buying A Vehicle

The vast majority of us depend on a vehicle of some description to get us from A to B. Whether you have a motorcycle, a car, a truck, or a pushbike, it’s always wise to think about protecting your investment. There are ways to save money on driving, and it’s also possible to reduce the loss of value when buying new cars and bikes. Here’s a handy guide to help you ensure the decisions you make on the forecourt benefit your bank balance. 

Old versus new

One of the most pressing questions people ask when they’re looking to replace a car or a motorcycle is ‘should I buy a new or an old vehicle?’ Many people like the idea of getting a shiny new bike or car straight off a transporter, but the reality is that often, buying brand new is a move that won’t make financial sense. The value of a car, for example, will drop the moment you drive away from the dealership. If you do want to invest in a new model, it’s worth waiting a few months or a year and buying nearly new instead. This way, you’ll pay less for the car, you get the thrill of driving around in a sparkling vehicle, but you won’t be losing money as fast. 

Investing in classics

Old cars aren’t usually worth much, but there are some vehicles that buck this trend. Classic cars and motorcycles that have a distinctive brand name and a sought-after style can be worth a fortune. There’s a limited number of relics from ages gone by around now, and collectors and passionate drivers and bikers are willing to pay a premium. Old-fashioned cars and cruiser motorcycles like Harley Davidson bikes are in demand, and if you’re looking to invest in an asset that has a better chance of appreciating than a brand new model, this could be an avenue worth exploring. You might have to do a bit of patching up and look for parts on sites like Solomotoparts to restore an unpolished gem to its former glory, but your commitment will be rewarded. If you’re not au fait with the inner workings of an engine, it’s best to seek professional advice. 

Looking after your vehicle

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For many people, buying a car or a motorcycle marks the second most significant financial investment after purchasing a house. If you’ve spent thousands on a vehicle, it makes sense to protect your asset. If you take good care of a car, for example, you’ll save money on repairs, you’ll increase the chances of the vehicle holding its value, and your car will be more marketable if you do choose to sell. Keep up to date with regular services and checks, drive carefully, and get any suspicious noises checked out as a priority. 

Picture taken from https://pixabay.com/photos/harley-davidson-harley-davidson-2651708/

Are you looking to buy a new car, or are you thinking of adding to your collection of motorcycles? Many of us are excited about driving a new car, truck or bike, but it’s important to use your head as well as your heart and take steps to protect your investment. 

Essential Mobile Phone Tips

A mobile phone is a device which pretty much everyone should have in their arsenal, and it is something that also allows us access pretty much any computing tool we could possibly need out and about in our daily lives. If you have a mobile phone and you are looking to make the most of it, here are some of the best tools and tips you can use. 

Sharing data across devices

The first thing you will want to do on a mobile phone is share data. Whether it be an image or video, or a document to share with friends or colleagues: data transfer is an essential feature to take advantage of. There are many ways to transfer and share data such as through email and message, through Dropbox or Google Drive, or even via Airdrop if you have an iPhone. If Android file transfer not working on Mac, take a look online for some handy tips and then you’ll be able to make the most of this feature. 

Digitise your documents

Gone are the days where we print every single document out and file it in our cupboards. These days, the best way we can make use of our mobile devices is to create and edit documents directly to screen. Tools such as Sheets, Docs, OneDrive and OneNote can be used effortlessly on your mobile phone to allow you to make full word or spreadsheet documents no matter where you are. If you are a writer or someone who needs to work on the go, this is a helpful thing to do. 

Emergency contact

If you have an iPhone, the most important thing you can do is to add your emergency contact process to the lock screen. This is a clever feature which links up with the health app on your phone and will allow the emergency services to gain an insight into any health issues or medication you have if you are injured and unconscious. This is a feature you may not immediately know about but it could save your life. 

Control your computer with your phone

We all know the situation. You have left the house or the office, and you have just realised that you need a specific file or you need to shut down your device. This can be a huge annoyance, and to save you having to head back to the office to fix the issue, you can instead control your computer from your phone. Teamviewer is a helpful app which you can install on both your phone and computer, and it will allow you to access your computer via your phone if you are ever out and about. 

There are many amazing tips and tricks for using and making the most out of your phone, so make sure to take a look at these tips today and delve deeper into your phone settings to see if you can find something new. With these different features, you can make the most out of your mobile and utilise it for many things.

How Can You Save the Most Money on Repairs After a Car Accident?

Car accidents can be costly. In addition to getting treatment for your injuries, you also need to worry about your car, which may be your only means of transportation.

Even a relatively minor crash can cause major cosmetic, structural and mechanical damage to the vehicle. As a result, you may suddenly face expenses for a rental car, extensive vehicle repairs or a new car. The good news is that you don’t have to break the bank to get yourself back on the road. Here are a few suggestions to follow:

Review Your Insurance Coverage 

If another driver caused your accident, you can file a property damage claim against that driver in addition to your claim for bodily injury damages. Texas law requires drivers to carry at least $25,000 in property damage liability insurance. In some cases, an insurance company may offer to settle a property damage claim and even pay for your rental.

However, you will likely have to file a property damage claim with your own insurance company if:

  • The other driver’s insurance company refuses to accept liability
  • The other driver has no insurance or has insufficient insurance
  • A hit-and-run driver caused your crash
  • You were largely at fault for the accident.

You should review your own insurance policy as soon as you can after your accident. You will want to see whether your policy includes coverage such as:

  • Collision – This insurance will pay for the repair or replacement of your car, regardless of who was at fault. Still, you will likely need to pay a deductible. This coverage is different from comprehensive insurance, which covers non-collision vehicle damage.
  • Uninsured/underinsured motorist coverage – This coverage will kick in if the at-fault driver has no insurance, has insurance that fails to fully cover your property damage or fled the scene after the crash and cannot be located.
  • Towing and labor – This form of coverage pays only for towing your car if it is so damaged that it can’t be driven away from the accident.
  • Rental reimbursement – This coverage will pay for renting a car while your car is being repaired. If an insurance company declares your car to be “totaled,” and you accept the insurance company’s offer to pay you the actual cash value of your car, then you can expect the rental car coverage to end within a matter of days after you accept the offer.

If you cannot understand your auto insurance policy or have questions about it, you should speak with a lawyer. Many attorneys will handle a property damage claim in addition to handling a bodily injury claim.

Don’t Be Afraid to Negotiate with the Insurance Company

Typically, when you file a property damage claim, an insurance company will use one of its local “preferred” repair shops to estimate what needs to be repaired on the vehicle and what it will cost. The insurer will then offer to pay that amount in repairs, or it will declare the car to be a “total loss” if it finds that the cost of repairs is too close to the car’s actual cash value. However, you don’t have to accept the insurance company’s determination.

You can negotiate. For instance, you can ask one or more other repair shops to inspect your car and give you a repair estimate. If you disagree with the insurance company’s determination of your actual cash value, you can get written price quotes from local car dealers or other sources to show what you think is the right price. With this information, you may be able to negotiate a better deal for the repair or replacement of your vehicle than what the insurance company offers.

Talk with an Attorney Before You Talk with the Insurance Company

Unfortunately, insurance companies often take advantage of car accident victims. After all, they are in a for-profit industry. Often, an insurance company will contact a victim within days or maybe even within hours after a crash and make a settlement offer. If this occurs to you, then you should wait before you say or do anything with the insurance company. Instead, you should contact a lawyer.

An experienced auto accident attorney can review the facts of your case to determine not only liability but also the value of your potential personal injury and/or property damage claim. The attorney can provide a solid advice that is ultimately aimed at getting you the maximum amount of compensation for your losses.

The Biggest Benefits from Using Collateral Loans

There is a good chance that you need to borrow money at one time or another, just as many other Australians do. After all, Australia’s total household debt to GDP ratio is far ahead of many other countries, at over 120%. So, there are plenty of people out there thinking about getting a loan at any given time.

However, when the time comes to take out a loan will you make the right choice? There are several different options but there is no doubt that using your possessions as collateral is a move that makes a lot of sense.

Teen driver in car” (CC BY 2.0) by State Farm

A Fast, Slick Process

None of us wants to hang about waiting for a loan to be approved or for the funds to be released. This is one of the most frustrating things about bank loans, as they can take an eternity to be assessed and then drawn down.

This is where collateral loans can really save the day. Since there is nothing really to be assessed, the money is given to you a lot quicker. You might need it quickly for an emergency, meaning that this speed is even more vital.

You might not always need to borrow money in such a hurry. But there is no denying that it is a huge benefit when you just want to get things sorted out. Even if you aren’t in particularly in a hurry for the money, arranging it quickly lets you get it over and done with so you can focus on something else now.

No Chance of Being Rejected

The fear of being rejected for a loan is something that stops a lot of people from even asking for one. As well as being a bit annoying and embarrassing, this is also a huge waste of your time. You don’t want to waste precious time on this only to be let down in the end.

All of the effort that you put into applying for a loan will go down the drain in this case. Being rejected for a loan might also put you off the idea of asking for money from other lenders, even if you really need it for some reason.

The good news with collateral loans is that there is no chance of you being rejected. This is because they don’t assess your credit history, your employment or anything else. As long as you have a possession such as a car with no other loans on it then you will be accepted.

Get a Loan Whenever You Need One 

You might never know when you might need a loan. Life can sometimes sneak up on you with emergencies that require you to have more money than is sitting in your account right at that moment.

This is when it is good to know that you can get a loan sorted out speedily and with no fuss. You don’t need to put off this expense any longer than you should. You can also use the same item as collateral for a number of different loans at different times.

Sort out your loans in this way from now and you will discover that borrowing money whenever you need it becomes a lot easier.

Saving Money On The Most Important & Expensive Life Events

Life, if you want to live it well, can be costly. Happily, saving money on the most meaningful life events is possible. In fact, if you do the hard work ahead of time and learn what things cost and to save, you still do all the things that are most important to you.  You can even read our strategic tips on this topic in the post below. 

Getting a place together 

When you find that special someone to share your life with it often feel as if the next natural step is to move in together. Of course, this usually means getting a bigger & more expensive place, especially if you’ve only been renting a single room or living with your parents so far. 

In fact, the amount you can expect to pay for a home can differ wildly depending on the size and location of the property you want. To that end, you must do your research on the areas you want to live in before you start booking viewings. In fact, it’s also vital that you check your merged budgets to see how much you have available to spend on rent as well.

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Although it is worth knowing that you can often negotiate a discount on the monthly cost unless you are in a very popular or expensive area. You can also save money by getting a furnished apartment too. You can even buy preloved furniture pieces or even ask friends and family for donations when you move in. 

You may even be able to save some money by buying a home rather than renting one. After all, they often cost around the same in monthly fees. While buying is also a great way to invest your money, and earn back a decent return over the long term. Something that can help you cover the other costs mentioned below 

Engagement 

Once they have lived together for a while, many couples decide to take the plunge and tie the knot. Of course, that means one person has to propose to the other, something that many people expect to come with an engagement ring. 

Picture source

To that end, whoever proposes should budget for the ring ahead of time. After all, it used to be that an engagement ring was meant to cost at least three months of wages! Although as you will discover in this post on budgeting for the perfect ring, this is no longer necessarily the case. In fact, it’s less about how much you spend now and more focused around the style that the other person wants. 

Luckily, this is something you can talk about well ahead of time. In fact, if the person being proposed to is happy with a vintage option, you may be able to keep the costs down even more.  Also, many couples are now deciding to go and look at rings together, making the entire process a lot easier. Although, when looking at rings, it does help to have a good idea of costs already. 

Marriage

The lifetime commitment that is marriage is often celebrated with a large party, something that can cost a vast amount. In fact, some USA couples spend upwards of $25,000 on their wedding day. The good news here is that there are lots of options that allow you to mark the significance of tying the knot without clearing out your bank accounts. 

One is to hold a smaller wedding because such celebrations are often charged per head. That means the fewer people you have, the less you will have to payout. Another option is to elope rather than get married in your hometown. Couples choosing this usually go alone, or with just a few members of their families, and so the costs involved are significantly reduced. 

That is not the only way you can save money on your wedding though. In fact, many people that want a more traditional big day choose to get crafty and make their own decorations and invites. The latter being something that can cost up to $75 per head, and isn’t even something directly related to the big day itself! 

Having a baby 


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Another one of the most expensive life events is when a couple chooses to grow their family and have a baby. In fact, it’s not just the pregnancy and delivery care that will need to be paid for, but all the baby basics as well. Which often include things such as nappies, food, wipes, strollers, and cribs 

One way of ensuring that having a baby isn’t a life event that breaks the bank is to carefully work out a budget of what you can afford ahead of time. Something that will need to include maternity or parental pay for the person taking care of the child, rather than their full wage. 

Additionally, there are some smart choices you can make to keep the cost of having a baby down as low as possible. Of course, the first is to get medical insurance that covers the cost of pregnancy and labor care, as this can save you thousands of dollars right away. 

Next, don’t forget that breast milk is free. Then once Baby starts on solid food, making your own is much less expensive than buying the individual jars. 

You can even get essential baby accessories such as strollers and cribs preloved for a knockdown price. After all, people only use these for a very short amount of time when their baby is young. Something that means they are often fantastic condition, but cost a fraction of the price they would new. 

Summary 

In summary then, despite some of the most critical events in life being ones that could clearly empty out your bank account, they don’t have to be.

In fact, if you are savvy about planning for them in advance, and educating yourself on the costs involved, you will be in a much better position to find yourself a bargain. 

You can also use strategies such as making things yourself, buying preloved, and even getting donations from friends and family to help you keep the cost down. All why still experiencing the most meaningful events in life to the fullest capacity.

3 Ways To Make Money From Property

If you are keen to try and improve the amount of money you have, you will probably be aware that finding something to invest in is often the best way to go about doing so.

That much is clear, but what is often much harder to appreciate is what you should actually put your money in and when, and how you can expect to make it work out as well as possible for yourself.

One of the best kinds of investments is property, as it is a market a lot of people can get in and which is yet always growing, so you know you will be able to make money from it. But you need to know how you are going to approach it first – and as we will see in this article, you have a few options available to you for how you are going to do it.

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Rent Out Turnkey Properties

If you want to make it as easy as possible, then you might want to look at the process of renting out a turnkey property. If you are thinking what is a turnkey property, then it’s actually very simple. A turnkey property is a fully refurbished apartment or home which is ready for you to buy and then rent out to someone straight away.

There are clearly many benefits to this way of investing in real estate, not least that it is one of the easiest methods and you won’t have to worry about the hard work of renovation or anything like that. Nor will you have to worry about the expense of it. If you have money and you just want to rent something out straight away, then this is one of the best ways to do that.

Long-Term Investment

One of the more lucrative methods of making money from property is to buy a property and let it sit there for many years, then selling it on at a higher price.

The main thing that you are going to need to be aware of here is that you are definitely buying and selling at the right price. That just means that you need to focus on paying close attention to the markets, and in particular to the local market in the area that you are trading within.

That will help you to work out when you should buy and when to sell, which is all you need to know how to do if you hope to make money from your property this way. You can expect to make a lot this way, as long as you are happy to wait it out.

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Buy-To-Let

Or you can go for a more traditional kind of renting out, and think about buy-to-let.

With this, you might not be able to do it quickly, but you can hope to make money through consistent rent nonetheless, and you might even be able to pay a mortgage with that rent.

Then, once it is paid off, you can sell the property and make further money that way too.

7 Ways To Increase Your Business Profits This Year

Every business wants to be profitable as quickly as possible.  When you first start your business, it can take a lot longer than you expect to begin turning a profit.  This will test your mental toughness and your endurance.

Along the way, you should be researching all the possible ways that you can help to increase your profits each year.  If you just sit back and hope the money will come rolling in, you may be sitting back for a long, long time. And, by the time you do something about it, it may be too late.

Take the time to read other people’s success stories and what they did to increase their business profits.  There are also many financial blogs from people all over the world that can offer useful advice to bring in the money.

Below are some quick and easy ways to work on increasing your profit to make your company the dream company you have always imagined.

#1 Identify the Importance of Every Task

Time is money.  Things that you feel do not add value to your company should be eliminated.  

If it is just something extra that the customer could do without, you shouldn’t have that on your list of things that need to get done.  

You need to really center your focus on what brings in the money. Eliminate the needless tasks and put more manpower on the big, important tasks.

#2 Increase Your Prices

money

This can be easier said than done, but if you are not profiting as you may have anticipated, you will want to look at your pricing measures.  There is a good chance that when you started your business, you priced items on the low end to draw in business. On regular occasions, you should be really looking into your pricing points.  You may have to be a little strategic with deciding how you want to go about increasing your prices, but it is an avenue you want to explore. Could you rethink your marketing campaign and develop a crafty way of selling products at a higher price?  But, definitely one of the first avenues that you should take when trying to increase your profits is to increase your prices.

#3 Reviewing Your Staff Needs

It is a no brainer that you want to have the best staff available to you as possible.  But, one thing that you need to make sure is happening is that the entire time that they are working, they are being utilized properly.  If there are down times throughout the day, you should be cutting staff hours. You will want to especially look at your administrative team.  Could you have interns working for you instead of hiring someone? When you first start out, you want to try to have your revenues increase more than your staff.  

Hiring quality staff that can handle multiple tasks will also help you turn a profit.  You want to have people that you can count on that won’t make mistakes and cost the company money.  Really take time to do the research to get the best employees that you can. There are many job search engines out there as well identity verification products available to ensure that you are hiring who you think you are hiring!

#4 Reward Hard Working Staff

Take care of the employees who are helping to drive up your profits each month.  It is your money on the line, so don’t be shy about taking care of those who are getting the job done.  

This can serve as an incentive for those staff members who aren’t carrying their weight as much.

Those staff members who are working hard will continue to work even harder to reap the benefits of your rewards.  If new leads appear, don’t think about evenly dividing them up. Give them to who is making you a profit.

This should be something that you explicitly discuss with all employees that you hire.  If they want to earn the best income possible, they will do whatever it takes to get the added rewards.  

You will be amazed at how quickly the sales increase when your employees know they are vying for something that will benefit their pockets.

#5 Make Online Sales Easily Accessible

a woman with a credit card

If you are a company that can sell products online, you need to make that website as user friendly as you can.  

People who have a hard time navigating around your website or can get easily confused will just shut it down. The friendlier the website it, the more traffic you will draw to it.

Big ticket items that you are trying to promote should be prominently located on your website.  Make it an easy sell to your customers. It should be something that attracts their attention and maybe sways them into buying something they weren’t originally planning on buying.  

#6 Treat Customers with Respect

Customer service is key to keeping a business above water.  If the customer is happy, they will return and tell others about it.  You need to make them feel important and help them understand any questions that they may have.  Offer up customer surveys with incentives for completing the survey. Really take a hard look at their feedback and see where you can improve.  Your business goes nowhere without your loyal customers.

#7 Set Attainable Goals, But Push Higher

Obviously, if we set goals, we want to achieve them.  You want to set goals with your staff each month that they can strive towards accomplishing.  These goals should be rigid, but attainable.

Make sure that whatever goals you set will lead to you to making a profit at the end of the month.  You can use incentive programs once again to motivate your staff, but chances are, if the goals are attainable and they can profit from them, they will achieve them all.

There are so many strategies that you can implement to help your company turn a profit.  Just be sure you don’t overdo it with having too many plans in place.

Look at the suggestions of other companies and determine which ones would work best for your company.  Read other experts ideas on increasing your profits.  

Ultimately, your passion and motivation will trickle down to your whole staff.  And if motivation is high, profits will be high as well.

Can You Save Money From A Car Accident?

The screeching of tires, the crumpling of bodywork and the inevitable silence afterwards are the things you hear from a car crash.

They are often sounds you cannot replicate and they stay with you forever. It can be a traumatic experience to be involved in a car crash and so, there are plenty of ways you can receive help afterwards.

car crash

However, is it possible that you can still save money from a bad car crash? That’s what you’re going to be thinking if you’re financially minded because car crash repairs and the subsequent legal issues are very expensive.

A whole lot has to be changed or brought back to how it once was including your car and your health.

Far too often people without any knowledge of cars will just take the word of anyone and pay out far too much than they needed to, to get the repairs done.

Here are some ways you can limit expenditure and get back to normal with a boost of cash.

It’s all about the body

Bodywork is one of the simplest parts of a car. Essentially, it’s the outer shell of the car that takes a lot of the brunt from a car crash.

The reason why some bodywork is expensive is because of the brand and model.

A more curvy car takes more time to build and the materials used for lightweight and high strength are also higher up on the sheet of expenses. Let’s start off with the more simpler part of the bodywork, the windshield.

  • The windshield is one of the easiest things to replace and also costs the least. A simple chip could be as little as $50, but a total replacement and fitting can be close to $1,000 depending on the car. The average is around $255 but if you buy a lesser quality windshield that is just as strong but less wind resistant, you could cut this price down by as much as 50%.
  • Door panel dents are perhaps the most common sight behind dented bumpers. Door panels shouldn’t cost that much because they are usually just flattened sheet metal. PDR or rather paintless dent repair is a small section of the car repair industry. They simply sheer off the paint and using a suction tool, pull the dent out of the panel. This can cost as little as $150. Don’t go for a door replacement until you have know your local PDR price range.
  • A smashed bumper should be easy to replace right? Well, it’s not just the bumper itself but the curved metal around it. This can be a simple fix by actually replacing the bumper and keeping the metal bodywork if that has not been affected. However where the really expensive bodywork parts are on a car, are the front and rear. This is because of the curves of the car. The general price can be from $300 to $800 for a repair and replacement service.

Call the manufacturer

it’s 2019 and we’re finally seeing the car manufacturers update their repair schemes.

It used to be that when you bought a car if you bought an insurance plan with it that the manufacturer wanted you to have, you would get it cheaper.

The insurance companies and the manufacturer worked out a deal that works for everybody. However, Volvo has just rolled out with something new.

They have just launched a post-accident guidance scheme which they hope will help drivers of their cars, learn what they need to do to get their car fixed.

The Volvo Car Accident Advisor serves as a go-to mobile app which will take the driver step by step through an emergency checklist.

They will be shown a list of repair services they can call up, advised on what to do regarding the safety of their person and go through a procedure to make their car safe.

How could this save money? Well for one they would offer a competitive service for car repair.

They can also check what parts are damaged using the computer chip in the car and sending information to your phone from it.

This will give you an accurate picture of what you need to repair instead of aimlessly wandering around and paying far too much to mechanics.

Although this has just been rolled out, you should check if your car manufacturer has their own smartphone app you can use to know what exactly needs repairing.

Doing a general examination at a local garage can cost up to around $200 or more.

The disappearance of wages

Car accidents are very financially troubling for a multitude of reasons but the two that you can most look out for will be your lost wages and healthcare costs.

If the car is totalled that will also be a very big loss but if you can no longer go to work and you’re losing thousands of dollars every single month for a long time, your bank account will be very sore.

However, if you have a case whereby you know it wasn’t your fault, you know the cameras have picked it all up and on top of that you have witnesses, then call a car accident attorney.

They can make a case for lost income as well as for physical pain. Who knows you might need surgeries, physical therapy and maybe pain relief in the form of medicine.

Emotional trauma is also something the attorney will look as if you’re not physically hurt you might still be suffering from mental health concerns.

The aim will be to get back all that lost income and make sure you’re still able to pay the bills and live your life normally like you would before the accident.

After the dust settles from a car crash, the financially savvy will begin to see where all the holes are and start plugging them. Lost income due to no longer having a functioning car should be a high priority. You can also see if the bodywork you need can be done cheaper by a paintless dent repair service.