Pros and Cons of Being a Landlord

Being a landlord is a great way to earn more income on the side. It also comes with its own set of challenges, from problem tenants to maintenance costs. Below are the pros and cons of being a landlord so you can decide if it’s the right job for you.

Landlord

Pros

Extra Income

One of the biggest appeals of becoming a landlord is the extra income. As long as you have reliable tenants in your property, you can count on a steady cash flow each month. The monthly payment should be enough to cover the mortgage of the property so you can hold on to the property as it appreciates in value.…

Continue reading

Why Entrepreneurs Need to Invest in a Second Passport

Ambitious entrepreneurs will always aspire to break into the global market. However, doing so requires the ability to travel overseas frequently. Getting a visa may seem like the most obvious solution, but applying for a visa can be a long and complex process. For an increasing number of wealthy individuals, obtaining a second passport is a more efficient alternative.

Second passport

Citizenship by investment is a legal process where individuals can obtain citizenship in a country, provided they invest a significant amount of money in government-approved projects designed to help develop that country’s economy. These programmes exist all over the world and provide a welcome boost to economies in small countries such as Cyprus and Dominica.…

Continue reading

How to Throw a Perfect Open House

If you’re new in real estate investing, you might just find out that posting the listing is only half the battle—now you need to actually rent it out.

Open house

Open houses are a great way to showcase the property and get exposure, but all too frequently they’re poorly executed. Your guests will leave with a bad impression, leaving your property sitting on the market.

Use this guide to throw the perfect open house and make your rental the one they’ll remember.

Advertise Thoroughly

It doesn’t matter how prepared and beautiful your home is if no one comes to see it. Putting up signs around the neighborhood can direct people to the property who heard about the open house event.…

Continue reading

Protecting Your Business from Disasters

In the past few months, the United States has witnessed a spate of natural disasters. Along with Hurricane Irma, Harvey, the first major hurricane to make landfall in the United States since 2005, is reported to have caused damages worth $200 billion on the local economy. The tiny economy of Puerto Rico has been staring at a $95 billion loss after Hurricane Maria ravaged the island in September this year.

Business protection

These are not isolated incidents. Business losses owing to floods, fire, hurricane and earthquakes are only going to increase as people migrate away from the country side to cities. As a small business owner, the losses from such disasters can be quite painful.…

Continue reading

5 Signs That It’s Time to Hire a Marketing Professional

As a business becomes more established, it’s not unusual for it to acquire new staff as time goes on. The positions offered normally revolve around sales and customer service, and these employees will be carrying out an important role within the business. However, there are some instances where we may need to look at the bigger picture when it comes to the business, especially in relation to marketing.

Hiring marketing professionals

In the early days, it’s not unusual for the business owner to carry out their own marketing, but as the business grows this can be difficult. If you’re currently on the fence as to whether you should enlist the services of a marketing company, then it may be worthwhile considering the following.…

Continue reading

Can You Get a Small Business Loan With Bad Credit?

When you start a business, there’s a very good chance that you are going to need some extra capital. Whether you need money to hire and train employees, to pay for office space, or to buy inventory, it seems there is always something to spend money on when you start a business.

Small business loans

The great news is that there are so many options out there for finding the funding you need, from small-business loans to lines of credit. But what if your credit isn’t exactly stellar? Can you still get a small-business loan with bad credit?

The answer is yes, but it may be more challenging than you think.…

Continue reading

Employee Onboarding 101

Starting a new job can feel almost scary. You’re a little unsure about what your exact job duties will be and you might even question how well you’ll like your co-workers (as well as how well they’ll like you). Everything is new and different when first getting to know the business that is now responsible for helping you earn a living, which can be slightly overwhelming to say the least.

Onboarding

Though some level of nervousness and anxiety is normal, there are several things employers can do to help their new staff’s first day feel more welcoming, helping to ease their nerves and relax their concerns.…

Continue reading

5 Ways to Make Your Office Eco-Friendly

Our efforts to go green and do better for our planet do not have to stop at home. If you are a business owner, there is a lot of things you can do to make sure your office is as green as it can be.

Eco-friendly office

There are numerous opportunities to make your office eco-friendly, from switching to green lighting options, choosing recyclable materials for the furniture and supplies and others that will make your office environmentally aware. In this article, we are going to propose a couple of ideas you could implement towards a greener office.

Appoint a Sustainability Department

Choose a number of trustworthy employees to spearhead the sustainability team at your office.…

Continue reading

Want to Flourish Your Business? Try the 4 Splendid Couponing Strategies!

Whether your business revolves around fashion industry, craft, and arts or any other sector, coupons should be one of the major ways to build a loyal customer base. Well, if you haven’t tried yet then just make a move soon!

Couponing strategies

Moreover, if you keep a keen eye on Marks And Spencer or any such top-notch brands then you can notice there is a continuous flow of deals, coupons, and offers from the same to which people get attracted usually. Yes! This is one of the eminent reasons behind the grand-success of such businesses.

Want to sky-rocket your sales like them? Then, here is a list of some of the most potent ways through which you can offer coupons frequently to your customers and entice them to buy whatever you are offering again and again.…

Continue reading

6 Branding Tips for 2018

The only way to truly be competitive in the modern marketplace is to continually adapt to the new demands and challenges consumers are placing on you and your competition. While it’s easy to be complacent, allowing your business to be contented with what it has currently is a recipe for complete doom and upheaval in the future – the not so distant future!

Branding 2018

Here’s 6 branding tips you should adapt and use leading into 2018 and beyond:

1. High end “real” video – likeable, shareable, emotive – must be at the forefront of branding

I’m not talking about product placement videos either.…

Continue reading