Do you have a business but feel that maybe you’re holding it back? Expanding your business acumen is probably the best way to go about your predicament, and there are many educational options available but which is right for you?
Running a business doesn’t leave you with a lot of time so while opting for a local educational institution may seem like the best thing to do, you could benefit from considering distance learning options too and this opens up your choice.
The course on offer may be in a different state or continent altogether, and this could have other benefits that may be key to growing your business. In this article we explain why distant learning works, particularly for business owners.
Learn How to Expand Your Business Internationally
Any business owner desires to leverage their reach to the international market. Distance learning helps you to know what potential international clients are looking for in products and services. As such, you find ways to incorporate global or international marketing ideas into your business, which you know will appeal to the people you are targeting.
Also, you find ways to counter the risks that may come with setting up stores or availing your online services to individuals who are outside your country’s jurisdiction.
Form Strategic Partnerships
Like any other form of engagement, you are bound to form strategic partnerships. These are essential in ensuring that you make the right choices when incorporating some of the ideologies you learn into your business.
In case your business is still a young one, on an appropriate further education or training course, you gain insight on how to fund or invest in it to see it through some of these partnerships.
With like-minded individuals pursuing the same course as you are, it gives you an opportunity to also get feedback on your ideas, in the process forming professional partnerships that are bound to last.
Research the Competition
While you may be competing with other local businessmen and women in your business sector, they are not your most significant threats. This is because you have already done local research and know most of their tactics and strategies, and probably use them yourself.
Higher Level of Business Education
Threats come from further afield and ignorance is not bliss so a higher level of knowledge like a Masters of Business Administration qualification not only elevates your business, it furthers you as a person too. Doing an MBA online is much faster and it helps you to see your international and local competition differently, then gives you knowledge on how to implement these new ideologies into your business for a successful venture.
Identify New Opportunities
Distance learning helps you to identify new opportunities in that you get to learn what strategies your international business counterparts are employing in their work. While local education centres limit you to information, studies, and researches done within the area, distance learning opens you to new ideas that could work if you incorporate them into your business routine.
Validate Market Demand
Now that you have the attention of local buyers, it is time to add to your basket new clients from the international realm, but first, you have to validate the market demand.
The best and easiest way to convince these people to join your bandwagon is to begin by reaching out to your fellow students. In case you discover that the item you are selling is not something that people from other regions would want to get, you have the opportunity to modify it to suit their preferences.
Of course, this comes with extensive research of the market in the place you intend to invest your funds in, but if the results are bound to be profitable, there is no harm in taking the risk.
Benefits of Getting Your MBA Online
Having little to no experience in managing a business can be a hindrance to your professional success. You can only get so far without strong business acumen.
That is why many people are now recognizing the importance of taking their education further with either a doctorate or at a minimum a masters. This step may seem daunting to the budding entrepreneur who has achieved a lot without a bachelor degree, and may question the need to do a masters.
Pursuing a higher level of education either immediately after your degree or later on can open up a lot more networks, provide confidence among your peers and career opportunities in the world of management.
Below are some of the great benefits when you take an MBA online:
Fully Accredited Programs
When it comes to getting an MBA, you need to make sure that it offers accredited courses. Compared to traditional courses, online MBA programs take less time in order to complete all the credits. So you can get relevant education online without the hassles of on-campus schedules. This is a great option for people already in business who are time poor and need to study etc in their own time.
Acquire the Current Skills
Employers now look for potential candidates with the right skills and the initiative to take on things. Top performers usually have an MBA degree, mostly from an online school. Classes receive their diplomas right on time while they are taught relevant information that can help them transform their decision-making and problem-solving skills.
In your occupation, especially if you’re the business owner, acquiring a greater skill set, as well as filling in the gaps, in areas of the business you’re not good at nor studied can only add value to you and your business.
Flexibility and Relevance in Today’s Professional Needs
Online programs provide forward-thinking management learning that professionals need today to meet the challenges of business in a global economy.
Also, as mentioned earlier, the flexibility of geographic freedom and traditional academic schedules is what’s required by so many people in work. Employers are usually collaborate with workers engaging in extra study especially with flexible digital programs, so the work required can be done on a part-time or full-time load.
Familiarize New Technologies
Unlike on-campus programs, online programmes use more new technologies. This is because getting an MBA online requires all the work i.e. completing lessons, doing assignments, and completing tasks, etc. all done online. Therefore you’ll become an expert user of computers and other devices in the pursuit of furthering your learning.
Develop Great Communication Skills
Since you will need to communicate a lot online in order to complete your course, you will also develop your written communication. Through daily practice, you can improve how you articulate your thoughts, and points of view, in words, and to a level required in your future real job.
And for all those entrepreneurs who favour speaking over the written word, studying this way is sure to up your skill level emphatically.
Study Anywhere, Anytime
Whether you’re in Canada, sitting in your couch, home office, or a coffee shop, you can pursue your online MBA course until completion. You only need to attend online meetings, submit assignments, and complete your tasks to get your diploma. It’s very convenient especially if you work at the same time.
Getting ahead even if you haven’t taken the traditional educational path to get where you are in your business is doable with this style of study.
6 Career Options for Business Lovers
Business is one of the reasons people around the world are employed today. Thanks to entrepreneurs of both small, medium and mega-sized businesses, professionals from a range of different backgrounds are able to come together and use their skills and talents to help grow businesses.
The good thing about business is that there is a range of different career paths you can follow that would likely fit into any business, no matter what the business niche is. With that being said, here are 6 career options for anyone who has a passion for business.
To begin, one of the most common routes for business lovers to follow is becoming an entrepreneur. This is where you get to establish a business of your own and put your plans in motion. Becoming an entrepreneur isn’t the easiest route to follow, but it can definitely be one that is regarding. If you’re wondering what it takes to become a business owner, find a few steps below.
- Choose a Niche: There are a million and one businesses out there that you could start, so choosing one would be the first step to take. You may be wondering how you’re supposed to narrow down your options when you have so many, but it boils down to interest and profitability. You want to start a venture that is relevant as well as one that you have a passion for.
- Do Research: Research is an essential piece of the puzzle when it comes to business. You want to know that you have the competence needed to take the right business-related steps moving forward. There are so many resources out there that can give you insight into how to run a business, what steps you need to take and the tools you’re going to need along the journey. It’s left to you to make use of them and use it to get ahead.
- Build a Network: If you’ve never needed a network before, when you become an entrepreneur you’re going to need one. It takes people from different walks of life to help you grow your business, so begin making long-lasting connections. You can do this both on and offline and remember to add just as much value as you intend on taking.
If you’re someone who prefers the stability of formal employment and would rather contribute to a growing business as opposed to run one, then consider becoming a statistician. This is an ideal job if you happen to be good at mathematics and enjoy dissecting data.
In order to do well in this career, you’d need to complete a bachelor’s degree in statistics, mathematics, engineering, economics or computer science. Once you’ve done this, the next best course of action would be to get your MS in statistics online from Michigan Tech or any other reputable institution. After doing this, you could decide to get further education or go right into getting work experience and looking for job opportunities.
As a statistician, your job would likely consist of applying your knowledge to design surveys and experiments, collecting, processing and analyzing data, as well as analyzing and interpreting data.
3. Business Analyst
Another role to consider in the world of business is becoming a business analyst. This is apparently one of the most searched jobs in America and has been on the list for top jobs. To venture down this path, you’d need to first decide what field you want to apply your skills in, whether it be insurance, health or finance. As a business analyst, your job will be to spot barriers to progress and find ways to overcome them.
In order to become qualified, acquiring a degree in computer science, information technology or accounting would be ideal. You could then progress to start with an entry-level position as a business analyst. To strengthen your position, you could get certifications from places such as the International Institute of Business Analysis, The Institute of Management Consultants, or The Chartered Institute for IT.
4. Management Consultant
If you’d rather do something more flexible in the business world, you should consider becoming a consultant. In case you’re wondering what this means, you’re more or less a problem solver for complex business structures out there. You’ll be essentially helping organizations improve their overall performance and operations.
Some core skills that you’re going to need is analytical skills as well as strong communication skills. In addition to this, listening skills and relationship building are equally important. A lot of your time will consist of analyzing data and then putting together a story as well as recommendations for your client.
If you happen to be good when it comes to numbers, then you should consider becoming an accountant. Almost every business needs one, meaning you would play a relevant role in any type of organization. The journey to becoming an accountant consist of getting a degree and then becoming a certified accountant.
Business can be so exciting, especially as you’re able to contribute to growing a thriving business. Every little contribution counts, so it’s about developing your skills and gaining experience so that you can use it to develop your career. As an entry-level accountant, you can make anything from $26-$44 per hour, and there is always room for growth.
6. Social Media Managers
In the 21st century, social media managers play a major role in the growth of a business. If you are skilled in that area, then you should find an abundance of opportunities in businesses who are looking to make their online presence more pervasive. As a social media manager, you should be somewhat tech savvy, be able to use a range of different tools and know how to build a community online. You need to be able to give your clients or employer results and show how social media is positively impacting their business.
The good thing about being a social media manager is that you could decide to be self-employed and get your own clients or work with a business as an employee if you’d prefer that.
Think You Don’t Need to Buy an Air Compressor? Think Again
If you’re in the manufacturing business, it comes as no surprise that over 70% of manufacturers use a compressed air system.
Such systems drive several types of equipment, such as material handling and separation equipment, machine tools, spray painting equipment, and so on.
Air compressors use either fuel or electricity to compress air, store it in a tank, then release it as needed. We tend to think about air compression systems for industrial and manufacturing environments only.
However, many commercial setups also need air compressors, even office spaces and retail outlets.
If you are a small business, consider investing in an air compressor if you haven’t purchased one already. If yours is a larger manufacturing company, then it’s wise to have a backup air compressor on hand.
This article discusses why you should buy an air compressor. You will also learn where to buy an air compressor and what to expect in terms of cost.
Benefits of Air Compressors for Small Business
If you are a small business owner, you may have already discovered the benefit of having an air compressor.
If your business involves any construction or carpentry work, then adding a compressor will no doubt increase your productivity.
Next, are the benefits that come with owning an air compressor for small businesses.
Did you know that an air compressor cleans air for air conditioners? Outside air contains pollutants. Any HVAC system requires an air compressor.
If yours requires replacement, consider investing in a quality unit for the sake of healthier air for you and your employees.
Also, air compressors regulate the flow of air through the HVAC system. A quiet air compressor means a more pleasant working environment.
If you are in the cleaning business, a good air compressor is a must. Regular blowers and vacuum cleaners are often not enough to handle commercial and retail cleaning.
An industrial air compressor is also quiet enough to clean during business hours when your clients are still at work.
You can also use an air compressor to dry carpets and other large space. Naturally, this applies to carpet cleaning service providers.
Though water damage restoration companies also find these invaluable for drying areas quickly. Minimizing water damage means racing the clock to dry out soggy floors and drywall.
Construction and Carpentry
A reliable portable air compressor is a must if your business is in construction or carpentry. A portable air compressor functions the same as a standard one. A typical tank holds up to eight gallons.
They also come with the same safety devices as regular-sized compressors, plus wheels for easier transport to your job sites.
Why Do I Need a Backup Air Compressor?
In your business, compressed air is no doubt vital for operations. If your compressor goes down, production stops. You lose time and money. Your compressed air system was a substantial investment.
It may not seem feasible to double that investment with a second system. Keep in mind, though, that’s your back up compressor doesn’t have to equal the main one.
You need a unit that provides enough air to get you by for a short while until your main compressor comes back on.
Most manufacturing businesses don’t have a full backup system. They do have enough to run vital equipment and the main projects through the line and out the door.
Here’s another situation. Many times, facilities like yours will outgrow their current compressor. In that case, invest in a new one. But you should keep the old as a backup.
If your operations are large enough, you may have more than one compressor already. If that’s the case, you can use one as a backup. If you don’t already have multiple air compressors, it’s time to consider acquiring one.
Depending on your product, you may also lose the current product on the line when the compressor fails.
Food manufacturers, for instance, risk losing whatever was running on the production line. When the line doesn’t work as it should, processes halt, and the product spoils.
Ease of Maintenance
Having a backup air compressor means you can perform maintenance at any time. Rather than stopping your only compressed air system for maintenance, you can switch to the backup generator.
Technicians can come out and perform scheduled maintenance without halting production. Not only does this mean uninterrupted production time, but it also means no more making up lost time on the weekends, holiday, or after hours.
Buying Air Compressors: Know the Types
While you know what you need an air compressor for, you should still be familiar with the three main types of industrial air compressors.
1. Reciprocating Air Compressors
Reciprocating air compressors are also known as piston and cylinder compressors or piston-driving compressors. They create a vacuum that compresses air and then forces it into a storage tank.
The technology has been around for a long time, which makes a reciprocating air compressor affordable and reliable.
2. Rotary Screw Air Compressors
Rotary screw air compressors use two rotors to force air up into a casing. From there, the air becomes more pressurized. These compressors are powerful even though they are compact.
They output air more smoothly compared to reciprocating compressors. Many rotary screw air compressors employ oil to cool and compress air.
Other models are oil-free, which means you can use them for spray-painting and other similar applications.
3. Centrifugal Air Compressors
A centrifugal compressor uses rotating blades, similar to a turbine engine. This creates highly-pressurized air. This type of compressor is powerful and ideal for continuous use.
Of course, they are also pricey. Most often they are the choice for large-scale operations like moving natural gas or oil through a pipeline. Another common use is making snow at ski resorts.
How to Buy an Air Compressor
The type of air compressor you choose depends on the tools or heavy machinery the compressor will power. Next is a refresher on the terminology that will help you select the right air compression system for your needs.
You measure air pressure in pounds per square inch (PSI). Whatever machine or tool you are powering with an air compressor will list the minimum amount of PSI required to run it.
You measure airflow in cubic feet per minute (CFM). Like PSI, the compressor you buy must be able to supply the correct amount of CFM for the machine or tool you are powering.
The higher the CFM requirements for the tool, the more power you’ll need from the compressor.
Storage tank capacity, which you measure in gallons, varied per model. The larger the tank, the more CFM the unit delivers. But, a larger tank doesn’t always mean more PSI.
You rate an air compressor’s power in horsepower (HP) like you would a car or truck. An industrial air compressor can run off of electricity, gasoline, or diesel.
How Much Is a Compressor?
Industrial air compressors vary in price according to their capabilities. Here is just a general idea of the approximate costs by type.
A 5 HP reciprocating industrial air compressor $1,000 – $2,500
5 HP rotary air compressor $2,500 – $5,000
10 HP air compressor $3,500 – $7,000
25 HP reciprocating industrial air compressor $8,000 – $12,000
25 HP rotary air compressor $7,500 – $10,000
50 HP rotary air compressor $12,000 – $18,000
100 HP industrial air compressor $20,000 – $35,000
200 HP air compressor $40,000 – $70,000
The average price for industrial air compressors goes from about $3,000 to $30,000 for a rotary machine. They range from $2,000 – $2,500 for a reciprocating machine.
And you can expect to pay $5,000 – $7,500 for previously-owned air compressors.
Where to Buy an Air Compressor
As with most commercial tools and equipment, you can find the right type of compressor locally as well as online.
An authorized air compressor seller like www.ablesales.com.au can help you understand what CFM and PSI you need.
If you already have a relationship with a supplier, contact them for price quotes. Shop around as well for air compressor deals. Your supplier may be able to beat the lowest price.
Many smaller businesses opt for purchasing used compressors for the cost savings. This often serves them well in supplying the backup compressor.
Consider the shorter life span that comes with buying any used machinery or equipment.
Buy an Air Compressor Today
You already know how much your business either depends on an air compressor, or how much it could benefit from having one.
If your compressor breaks down, how long can your business go without it before losing product or production time?
Adding a backup compressor could pay for itself almost immediately in this instance. After all, even the best machinery can fail at any time.
If you are still deciding whether to buy an air compressor or wait, you may be risking more than you should. Let today be the day you start looking into investing in a quality air compressor for your business.
If you found this article helpful, please revisit us for more informative articles. Also, feel free to contact us with feedback and suggestions for new article topics.
How to Professionalize Your Business From Top to Bottom
You are quite envious of businesses that are well established in their industry. People know and respect their brand because of the decisions they have made over the years. You want your business to follow in the same footsteps, because you are ready to achieve success. You want to improve your business by professionalizing every element from top to bottom.
Whether you’re overhauling your website or taking a second look at your branding ideas, there will always be a way to upgrade your company. Take some of the following notions into account and you will be ready to improve every element of your business for the better.
Many businesses fail miserably because they are unable to communicate professionally with potential employees, clients and external companies they are associated with. If you think your business could improve on this, there are sources that can help you out. Whether you’re trying to draft the perfect job rejection email or understand how to negotiate well with a potential, big investing client, there are certain protocols you can follow.
As soon as your company starts communicating effectively, you will see a noticeable improvement in your sales and the levels of respect that others show to your business.
Employ People With Excellent Customer Service Skills
Your business is going to thrive if you employees are passionate about what they’re doing. There is nothing more off putting than rude and unenthusiastic workers who don’t have the time of day for potential clients.
During the hiring process you need to make sure every potential candidate is fully trained in every aspect of customer service, so that you don’t have to worry about their performance during the working day. You also need to be able to trust they have the business’ best interests at heart.
As long as you trust your employees you will be able to ensure a professional business from top to bottom.
Don’t Make Marketing Mistakes
There have been many high profile marketing errors made by massive companies in the recent years. You don’t want to be involved in this sort of mess that ruins your reputation, so make sure you think carefully about every marketing choice you make during your business career. It’s always best to enlist the help of a marketing expert so that you don’t land yourself in any unnecessary hot water.
Check over the wording and concept of every campaign before you set it free into the world and you will never have anything to worry about.
Focus on Quality Over Quantity
If you are obsessed over the quantities associated with your business, you are never going to get as far as you might like to.
Focusing on the quality of your products, the quality of your social media followers and the quality of your returning customers is much more important than any of the quantities. Of course, you want to achieve huge sales and earn a tonne of money, but that’s not always the most important thing in business.
Realign your priorities and you will feel much more fulfilled and professional.
Upscale Your Website
Every super professional business has a wonderful website to go with it. If your customers are greeted with a site full of glitches and errors, they aren’t going to want to part with their hard earned money. Enlist the help of an expert web designer and they will be able to help you create a smooth and slick website to be proud of.
Respond to Queries Quickly
There is nothing more annoying than waiting around for a company to reply to your important and pressing query.
Not only does it make you feel reluctant to spend your money as a customer, but the business owner may come across as rude or ignorant. You need to learn how to reply quickly and appropriately to queries from potential customers, so that you don’t have this effect on the people who are trying to communicate with you.
Obviously, you need to take the time to find the correct response to their question, but you need to prioritize this on a daily basis. If you allow your inbox to pile up, you are going to lose a lot of custom along the way.
So instead of longing for business success, why not do something about it? You don’t have to watch other companies thrive whilst you are sitting on the back burner waiting for great things to happen. Sometimes you have to go above and beyond to attain your goals, so make some much needed changes and enjoy the results as they roll in.
The Comeback of Books: How to Make Yours Stand Out in 2019
The innovation of electronic books has changed the reading world. Now that phones, tablets and other portable devices have the option to browse and buy books, bookworms can read anywhere they go. The percentage of adults who read has shown an increase since this convenient technology has blossomed.
Publishing your book as an e-book would be the best way to catch the attention of a reader. With as much time as we spend online and the increase in mobile readers, it is a path to success especially if you self-publish. Self-publishing has led many authors to having a best seller by saving them time and energy.
As the online world continues to open opportunities through innovation of the internet, it is possible for people to learn and do things independently – things that might not have been an option before. Self-publishing is something that has become much easier with the use of the internet.
As an author it can be exhausting finding an agent and a publisher willing to give your book the time of day. Free self-publishing websites now allow self-sustaining authors to upload their stories or non-fiction online to have it published within just a couple of days. The success of it depends on the work put in before, during and after the publishing.
The first part of making sure your book stands out is quite obviously assuring it is well written. Writing a book is way more complicated than just picking up a pencil and letting words flow out. There are techniques and processes that only the most experienced writers have perfected. But what are the chances you could learn from a best seller?
Properly preparing would also include taking classes to learn about the self-publishing process. Websites that offer online courses can be the easiest and cheapest route to getting basic information needed to make your publication’s popularity skyrocket. Veteran self-publishers often check out MasterClass for access to lessons taught by the best in the industry.
This bold move turns an outdated and all too tedious process entirely around 180 degrees. Instead of wasting time finding a publisher, who are notorious for rejecting manuscripts without even looking at them, you can comfortably manage the editing process yourself.
The responsibility to take the steps required for publishing fall on you when you decide to do it yourself. Unlike the standard procedure, there will not be an agent involved to handle the actual process. Following the proper guidelines for self-publishing will put you in the best position to release a best selling book.
Once the book has been published and priced, your job is not over yet. You are responsible for launching the book in a way that will set it up for success. Just releasing the book online will go right under the radar while having launch promotions will make yours stick out. Hold a few days where it is on sale or free and have your team spread the word!
Utilizing supporters and fans of the book, have them write reviews or influence your book. This will help get the word out and give interested buyers a chance to see what others have thought about the book. Social media’s huge impact on marketing can also help with reaching as many readers as possible.
The key to making your book stand out in 2019 is making sure you are in charge of the whole process. Who would work harder than you, the author, at ensuring your work becomes a bestseller? That’s right, no one!
Get A New Career Without Leaving Your Own
The worry that people have when trying to find a new career, is that they’re going to have to leave their own. The problem with leaving a career that you’ve been so settled in for so long, is that you’re not too sure of what the outside working world is like. Not only that, but you’re risking a lot.
If you’re leaving your current job, you’re most likely going on the hunt for more money or a better working environment. But that’s not to say that the place where you would go to next would be able to offer this for you. Often you will find that a career is fake to begin with.
During the interview process and the first week or so, they will do anything they can do to impress you and make their company stand out, because they believe doing so will bring you into their company.
Once you’re locked in, the true colours start to come out, and you wonder why it was that you ever joined the company in the first place. But enough with that, because you don’t necessarily have to leave the company you’re working for to find a few job, and here’s how!
Train On The Job
The biggest mistake people make is aiming for a role that they’re underqualified for. Because if there’s one thing we all know that a company wants, it’s either experience or education.
Lately you will find that a lot of jobs are demanding both, which can be hard for some people who just can’t afford to drop out entirely and go back to education. But this is where the power of the internet comes in handy.
There are so many online courses that you could take that would boost your knowledge and understanding of the career that you perhaps want to go into, and give you recognised qualifications that would make you more than qualified to apply for the role. One career that’s becoming more popular at the minute is border control, because it’s just such a stable career to have, and it’s well paid.
You can take a border diploma course online that would easily put you into that spectrum of being employable, and will put you a cut above the rest of any applicants.
What’s even better, you’ll have such a good knowledge and understanding of the role and the components to it, you’ll feel more than confident to try and go for the career! The same applies for pretty much any job you can think of out there, there’s always going to be a course that can push you towards it.
Do Your Research
If you’re going to go to a new career eventually, you really need to do your research. This is where we feel a lot of people fail. They’re so desperate to get out of the role they’re in, they jump to another one that is just as bad. So, get to know the line of work that you’re going into to begin with. Know everything that the job is going to demand from you, and figure out whether you would be up for the task.
You’re going to have to be hard working as it is to cope with training in a new job, but can you handle all of the tasks that come with it? You then need to find out what it’s actually like to work for the company you’re intending to work for.
You should be able to find plenty of reviews on the internet left by staff, and if not customers. If you find out what the level of customer service is like from there, at least you have a starting point to go on! But employees reviews are going to be the best time find if you can do.
Don’t Rush Into Anything
This is the important one. As we said, a lot of you might rush to leave the company you’re working for because you think the grass is greener on the other side, but this isn’t always going to be the case.
It might be best for you to try and progress through your own company to a role where you’re in a position of power, so that you don’t feel like you’re being bossed around all of the time.
More responsibility brings more money as well, which is always something good to go by! You have to figure out what is going to be the best decision for you financially, and mentally.
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