Perth News

Are you wasting your ideas?

For any current or aspiring entrepreneur, having a smart business idea is a starting point. In business, an idea is essential because it symbolises beginning of a new life: not only to the business’ life, but also the life of the entrepreneur as well.

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Ideas wasted

Ideas are so important especially in the early stage of the startup. The results from good business ideas will feel in all phases of the development of a company, but also in large part will depend on other entrepreneurial activities.

Most of us have many ideas. It is our nature as human beings to dream about a more comfortable life, about better environment, and about a better humanity as a whole. However, ideas in many cases will come and go from our brain. If you want to remember and make something about your specific business idea, you can simply take these ideas into your notes, so that you won’t forget them and easily access the note whenever you need these ideas.

Coming up with brilliant ideas is a great edge in business, but knowing how to develop it successfully is crucial. Not only can it grow to become income for you, but the idea can also provide you with a strong business network.

If you are able to provide additional necessary actions to bring your ideas into reality, you can create a steady stream of income. However, this will depend on the direct need for the product and service in question. The business idea must be in a form of a business plan that is well-developed – it must identify the products and services involved, composing a profile of the target buyers, developing a profile and scope and mission for the idea.

Perhaps, you have already had genius ideas several times but only did nothing about it. If you feel you are wasting your genius ideas, read this article to know how to avoid such mistakes: https://www.flyingsolo.com.au/working-smarter/ideas-bank-are-you-wasting-your-ideas

Perth News

8 steps to marketing your business

What is marketing? At its most basic level, marketing is the process of determining the value of your service and product. It is also the process of developing effective strategies on how to communicate relevant information to the customers.

Marketing 4 Ps

If you want to succeed with your marketing, the first thing you should do is to know who your customers are. Before you begin selling something, you need to know who you are selling to. When developing a general profile of your customers, you might want to define them by their demographic characteristics. Demographic characteristics include the sex, the age range, location, occupation, interests, etc.

Once you have defined your target customers, you must learn about their needs and preferences. In other words, you learn how to study your customers’ purchasing decisions and how to win their trust.

According to marketing experts, there are four factors that influence purchasing decisions. These four factors are known as the marketing mix or the four Ps.

The first P is the product. Know what you are going to sell. In order to determine what you should be selling, you must understand your target customer’s needs and then tailor your product to meet those needs.

The second P is price. Know how much you’ll charge for your product. How much you charge is important because it influences the number of sales and the amount sold. If your price it too low, it may appear that the product is of lower quality or you may simply make too little profit. If your price it too high, customers may buy fewer items or in smaller quantities.

The third P is place, or where your customers will buy your product. Right now, P is not as big as a factor before because of the internet.

The last P is promotion. This is important because your customers should know how to find your product, know what your product is about and how you can make your customers have positive impression towards you.

For more on how to market your business, read this: https://www.smallbusiness.wa.gov.au/business-advice/marketing/8-steps-to-marketing-your-business

 

Perth News

Fight back against financial stress by knowing where your cash goes

The feeling of being financially broke can cause a high level of stress to anyone. This feeling can step from common issues such as having too much debt, the expense of raising your children, or having a spouse who has different ideas about how to manager finances without having enough income.

There are virtually tons of reasons why someone can feel financial stress. It can take its toll on your closest relationships, and when you are stressed it can start affecting other aspects of your life.

Financial Stress

The truth is, worrying about your finances can only make things worse. You should reduce your worries about your finances so that you can focus on other important areas of your life and relax, knowing you have a plan to handle your financial situation.

The most basic way to avoid financial stress is by having a good budget plan. You may feel overwhelmed and think that a budget is only going to add to your financial stress, but it is the best tool you have to get control of your finances and stop worrying about money. By having a budget, you know when and how you are going to spend your hard-earned bucks. Budgeting may be difficult especially when you have low income, but in the long-run, it sure will pay off.

To avoid financial stress, another thing you can do is to get an emergency fund, or an amount of money you set aside to cover unexpected expenses and financial emergencies.

However, if you really are struggling to budget your money or create an emergency fund, then it’s probably the right time to get outside help. You can take classes on financial management or get an accountant or a professional financial planner to guide you with your financial goals and obligations.

For more on how to fight back against financial stress, read this post: https://www.perthnow.com.au/lifestyle/personal-finance/fight-back-against-financial-stress-by-knowing-where-your-cash-goes-ng-071d00b7ab3bce9e29ee3da5e70a91a2

Perth News

19 signs you’re about to lose your job

Job hunting can be both exciting and overwhelming. Nowadays, landing a job is so difficult especially if you have no prior experience and have no special skills or high academic qualifications.

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Losing your job

Are you in a hurry to get a job? Many are having a hard time finding a job, and starting to feel discouraged. But the truth is; finding a job doesn’t have to be as difficult as what most people believe. You can simply use the internet as the platform to finding the best job available for you. You can use the internet to find jobs. Websites such as such as Indeed.com, SimplyHired.com, CareerBuilder, and Monster are excellent tools to use. You can also look for job posting on social networking sites like Facebook, LinkedIn, Twitter, etc.

Once you have found the perfect job that you want, the next step for you to do is create the perfect resume. You can find a ton of articles on line on how to create an appealing resume. You can also prepare some witty answers to your job interview.

Finding and landing a job is actually not as difficult as it seems. The real challenge is how to keep your job. Many unemployed job seekers in Perth today want to know what to do in order to keep their jobs. There might be some things you can do in order to convince your boss to keep you.

Like we’ve said, getting a job is challenging but keeping it is more difficult. No one would like to get fired and losing your job can be a miserable experience. But, in some cases, there are signs that you’re about to get fired. You’ve just got to know where to look.

Here are some signs from Business Insider Australia that you are about to lose your job: https://www.businessinsider.com.au/subtle-signs-you-are-about-to-be-fired-2018-1

Perth News

Dear childhood abuse survivors, it is not your fault, I should know

Being abused as a child is a difficult experience. Though you’ve already become and adult and years have already past, in most cases there are still some effects to the victim psychologically.perth news

There are many experiences that can make up childhood abuse. Adults who have lived through experiences of abuse are often referred to as adult survivors of childhood abuse. Because of secrecy and shame that commonly surround such abuse, statistics are difficult to obtain. However, what we are certain of is that such abuse occurs in all races, religions, and economic classes.

Childhood abuse can be classified as physical abuse, emotional abuse, or sexual abuse. Every child abuse consists of different experiences. Each also involves a violation of the child’s trust in an adult or authority figure—for instance, a parent, babysitter, sibling, older friend, coach, teacher, or clergy member.

Withdrawal, denial, acting out, seeking for approval, turning off their feelings, and self blame are the common ways children who are exposed to abuse learn in order to protect themselves. Using these coping mechanisms during childhood has long-term consequences, which can include lack of trust, a fear of change and resultant difficulty in adjusting. This may also result them to difficulty in knowing or showing one’s own feelings. In worse cases, some victims experience being easily stressed and acting on that by abusing substances, food, and one’s own body, and feelings of low self-esteem and self-worth.

If someone wants to survive childhood abuse, it means that he or she should get some help with its after-effects. Few people can recover without help, but getting help is essential. Most of them will need help from family and friends who will encourage them and free from blame, learn to feel safe, create a positive perception and forgiveness.

For more on how to survive childhood abuse, read this article: https://www.watoday.com.au/lifestyle/life-and-relationships/dear-childhood-abuse-survivors-it-is-not-your-fault-i-should-know-20181025-p50bwa.html

Perth Business News

Shoppable Instagram posts hit Australia: Here’s how retailers plan to use the new function

Keeping up with your family member of friend’s life has become easier with the platform Instagram. In addition to that, it also brought people to get crazy about getting more and more likes and followers. And if you run a business in Perth, WA and are planning to make use of this social media platform to reach out with your customers and promote your product or service, then you should learn more about Instagram’s new feature!

 

Instagram eCommerce tagging

Instagram started as a photo-sharing app for selfie lovers. Then, it started to allow users to share videos and other forms of media that are visually appealing. But today, Instagram is branching out to the e-commerce field.

Instagram just rolled out a feature that online Australian retailers and shoppers will find very convenient – we can now have access to Instagram shopping tags which help connect potential customers to their e-commerce sites through the social media platform. What’s nice about Instagram’s new feature is that it could serve as a promotion channel for your products, and even more so for your online store.

Instagram is pretty much aware that in the next couple of years, mobile commerce is going to overtake desktop and laptop. Hence, it wants to be the cornerstone.

Selling on Instagram is not difficult as its shopping features are easy to use. Even if you are not savvy user of Instagram, but looking into it as potential revenue source, you just need to prepare high quality photos of your products or services and then upload. You can upload up to 5 products that you sell.

Customers will see a “tap to view products” link at the bottom left of the photo and then when they tap it, a tag will appear on each of the items and will show the product’s name and price. And once they click the tag, they will see the product’s complete description.

While the potential shopper is there, they may opt to click on the Shop Now link within the product details, which will redirect them to the product on your website where they can purchase it.

For more on this Instagram feature, check this out:  https://www.smartcompany.com.au/marketing/social-media/shoppable-instagram-posts-australia-how-retailers-use-new-function

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Business News Perth

How to resolve any business conflict amicably

Are you having conflicts with your colleagues, customers, investors, and clients? If you are, then you really need to consider business resolution as one of your important business skills.

In order to strengthen client or customer satisfaction, maintain your productivity and avoid suffering damage to your reputation, it is pivotal to understand the pieces of the puzzle that compose a solid conflict resolution strategy.

When it comes to conflict resolution, having the right mindset is so important. When the problem occurs, you need to make the right approach. On the most common cases, you have to really want to resolve the conflict before you start. Note that this is different to simply feeling like you should want to address the problem. Instead you must have a sincere, genuine desire to seek a resolution before even beginning to take action to achieve the best result.

Another important thing to consider is to get to the core of the issue or conflict. To provide a satisfying resolution to any conflict, it is vital to discover what the real problem is at its heart. Then, you should listen and understand the other person’s dispute. You should also make sure that there are no misunderstandings by clarifying individual points in issue that need clarity.

Read more at: http://www.flyingsolo.com.au/working-smarter/problem-solving/resolve-business-conflict-amicably

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Business News Perth

Importance of Logos in Business

What is a company logo? What is it for? A logo is a typographical mark intended to convey the name of a company, as well as its character and its values. It typically consists of a high-quality graphic image that will be used to represent the company in most everything that it does throughout most of the company’s life (since companies rarely change or update their logos).

custom business logos

Choosing the right logo for your Perth business is extremely important. That is because it is arguably the most important element available to represent your company, especially in today’s online world, where first impression matters enormously.

Designing the right business logo is often the first step in properly branding a company and its products. It becomes an integral, indelible aspect of a company’s identity within its markets. Your business’ logo creates the first impression people will have of the business. It’s the most important graphic image a company owns, one that summarises and represents the business not only to employees and partners, but most importantly of all, to customers.

Being able to design a good-looking logo allows you to have something that will serve as an unmistakable sign of a company’s strength, its self-image, the scope of its services and the kind of products it offers.

To learn more on the importance of business logo, check this out: http://smallbusiness.chron.com/importance-logos-business-577.html

You may also read:

Risk Management

How to resolve any business conflict amicably

Shoppable Instagram posts hit Australia: Here’s how retailers plan to use the new function

Bathroom Renovations

Helpful tips on your first bathroom furniture design

Renovating a bathroom can be fun and rewarding especially if it is your first time to do a bathroom remodelling project. It can serve as your practice field, to getting accustomed to interior designing and home decoration. It can also be your pride and joy once the work has been done.

bathroom furniture design

The success or failure of bathroom renovations are all determined by how you plan everything and making the right decisions from the beginning. You should determine your goals on how you want your bathroom to look like. Think of what you like and what would make you comfortable if you had to be in your bathroom for a long period of time. You should decide what colours your bathroom to wear, certain shapes and more.

Another important thing to think about and you need to be sound with is your budget. Budget is important when it comes to what extent your renovation can reach and what type of bathroom furniture you should be purchasing. For instance, you may set your budget within a certain price range, to compensate for products that may be a little under or over your fixed price. Remain disciplined however, in your price range. Excitement and nifty dialogue by merchants can quickly carry you way beyond your means, but it is important that you set goals and stick to them.

When you have limited bathroom space, you can purchase space saving bathroom furniture. They come in many different sleek styles and colours. The more modern model space savers are designed like mini bathroom cabinets that can be freely mounted throughout the bathroom.

With right amount of planning and knowhow, bathroom renovation is nothing but a stress free and satisfying project.

Business News Perth

Risk Management

Related image

Risk management is an important part of any business. Every business in Perth Western Australia, big or small, has to face different risks. Some of which may be easily resolved with no much harm done, and some of which can have a lasting impact on your operations which may eventually lead to bankruptcy. In simpler words, risk is an event or circumstance that has a negative effect on your business.

A risk presents itself where one is forced to make a choice between alternatives whose potential outcomes are unknown or where one is forced to deal with an unanticipated situation that could adversely affect the company as a whole.

Without proper risk management strategies, these risks can pose a threat to your organisation’s ability to remain operational. There should be a plan that will enable you to function with the minimum amount of disruption in the midst of a disaster or error of some kind. Make sure that you’ll come up with a plan that accounts for potential physical losses as well as factors like lost sales and production. However, you first need know the different business risks to know how you can take advantage of an effective risk management strategy.

Said above are the reasons why risk management strategy is a must for every organisation. For more information, you may read this article: https://www.smallbusiness.wa.gov.au/business-topics/starting-a-business/insurance/risk-management

You can also check out our article about bathroom renovation and bathroom furniture design.