About BBV Aventures

Our company is a consultancy that provides business advice for various topics like finance, technology, and marketing. We have experts in those fields that can help to provide helpful advice in their particular fields. In fact, our company has a combined several decades of experience in the business world.

Recent Posts

The Benefits of Running an Online Business

There are many different businesses in the world today, all with their own requirements. With so much inspiration in the world, it only stands to reason that there are some entrepreneurial minds with some fantastic ideas. However, some can be dissuaded from implementing their idea as they feel it’s too expensive.

While some businesses will require a huge investment, there are others that can be ran from the comfort of our own home,  for example some of the businesses you can see here https://mlmcompanies.org/best dont require any capital to get up and running. 

The options available online nowadays means that anyone with an Internet connection has the ability to start their own business online, and enjoy the benefits it has to offer,

Be More Flexible

When starting a business that involves many different factors, it can be difficult. If you have new premises to oversee, then other work can take a backseat. Similarly, you may find that storefront of your business has taken an impact because you’ve had to focus on the work itself, and it can be something of a balancing act.

However, starting a business that solely operates online gives you more flexibility. Of course, you will need to ensure that the website you have is efficient and reliable. One of the main issues that can tarnish a website is mediocre hosting, so it’s important to ensure that you are employing the services of a web hosting company that can ensure that your website is hosted securely, without customers running into issues because the bandwidth has been exceeded. To find some of the best hosting providers you should definitely check out this list hostauthority.org/top.

Once you have your website running in the right way, you effectively have your storefront or brand identity.

Expand Your Business with Ease

A business that has a brick and mortar business may go through a series of expansions, and for the most part they are successful, but you shouldn’t underestimate how much work will need doing to ensure the expansion is a success. Not only will a business have to secure larger premises, but it may also need to take on extra employees.

If the business is well-established, there may well be a process in place that allows this to happen with the minimum of disruption. However, if you’re a startup, or have very few employees, then it can be quite expensive and time-consuming.

Those who run a business online will still have a lot of work ahead of them, but it will be much easier to manage.

If you run a company that sells a service and there has been a recent influx of orders, then you will need to look at what working practices need to change to ensure you can meet the demand. if you find your website has more visitors, then you will need to ensure that the hosting you have in place will be enough.

While there can be a lot to consider, the fact that the business is online means that you can make the changes quite quickly and with little cost in most instances.

An Online Business is Easy to Promote

While their options to advertise almost any business, the promotion of an online business is very easy. Whether you use paid advertising or look to make use of social networking, the possibilities are endless when it comes to promoting your business online.

If you feel you don’t have enough budget to advertise your site, then why not undertake the role yourself. Sure, it can mean setting some time aside, but it means that you’re able to promote your business in the most cost-effective way possible.

Make Use of Automation 

Let’s be clear, there’s no business that can be ran on an automatic basis, there will always be a need for human interaction, be it an after-sales check-up or a purchase query. This doesn’t mean that you can’t make use of some of the automation available to us online.

An example of this can be the use of Customer Relationship Management software. Although you will need to input some details, you can tailor your marketing efforts so you don’t have to spend hours communicating with different customers, as you can tailor marketing towards specific demographics without being repetitive.

Or maybe you find that the management of your social networking sites is just too time-consuming? Again, there are a plethora of tools available that can help schedule your posts. If you’re still wanting that human element to your posts, or you want to engage with customers on social networks, then why not look at outsourcing your social media efforts to a freelancer?

Online Businesses Can Be Recession Proof

We’ve all seen the consequence of a recession, and it generally means that stock loses value and overheads go up. This can be a lot to contend with for those in a bricks and mortar-based business, as there can also be a drop in business.

An online business will undoubtedly be affected in a recession, but the consequences don’t have to be as severe. There’s normally little cost involved with running an online business, which means that you are better-placed to ride out the recession and still be business at the end of it.

You’re Creating an Asset

When building a business online, you’re also creating an asset. While your website may not hold much value during its starting phase, as time goes by, you will find that you site is able to gain more and more value.

People may start a business and look to stay with it for the long run. However, there are others that look to create a unique brand, and the sell the business for a profit. What’s more, there’s nothing stopping from you from repeating the process and doing it all again.

Running a business is a benefit, but some businesses can induce more stress than others. While not for everyone, the benefits of an online business aren’t to be underestimated, especially when it comes to managing the business.

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Tax back – your guide to getting quick rebates

Tens of thousands of people pay an incorrect amount of tax each year – and since there’s no rhyme or reason as to why errors can occur, you could very well be one of them. There are few nicer feelings than getting a cheque through the post from HM Revenue and Customs – but the key to quick rebates is knowing what to look for.

The Government’s advertisements tell you ‘tax doesn’t have to be taxing’ – but in reality, it often is. We’ll take you through some useful information and point you in the right direction if you think you might be due a rebate!

What is a tax code and why does it matter?

1150L, 1100L – these seemingly meaningless numbers actually mean a lot to the amount of tax that you pay! You can normally find your tax code on a payslip – and it’s used by your employee to calculate the amount of tax that should be deducted from your wages. Even a slight mistake can lead to big money errors!

If you don’t have a payslip to hand, you can find your tax code in a few other ways:

  • P45 – You receive a P45 when you finish working for an employee. It’s the form you pass to your new employer the ensure your tax contributions are correctly accounted for when they begin to pay you.
  • P60 – Each year you receive a P60 – it’s an annual statement explaining how much you’ve earned, how much tax you’ve paid.
  • HM Revenue and customs – If you’re happy to call the HMRC you’ll just need to give them your national insurance number and answer a few security questions to confirm your ID – they’ll then give you tax code. A word of advice though – don’t call them on a break from work, wait times can be substantial!

What does this tax code mean?

Although it might look like a random set of numbers, it’s actually an indication of how much you can earn before paying tax. The most common UK code is 1150L – the ‘1150’ section being an abbreviated version of the £11,500 that you can earn each year before paying tax.

Beyond this tax-free amount, you’ll pay 20% tax on anything above your personal allowance up to £33,500. From £33,501 to £150,000 you’ll pay 40% tax – and anything above this is subject to 45% tax.

The letter or letters shown next to your code indicate certain elements of your circumstances. L is the most common – meaning you have a standard personal allowance, i.e. you’re under 65 and have just one job.

BR would indicate that all of your income is taxed at 20% – this would feature on the end of the tax code you would expect on payslips from a second job. If your code ends with NT that means you’re not due to pay any tax on the income that code relates to – often used if you’re not based in the UK.

Is your code correct?

Incorrect tax codes are where virtually all overpayment of tax errors occur. Knowing what yours should be is the key to working out if you’re being taxed the correct amount of money.

First of all, if your tax code is 1100L this is what’s known as an ‘emergency’ code. This is used when a new employer doesn’t receive a P45 from your previous place of work and normally rectified quickly by a payroll department. Check over your payslips, if you’ve been on an emergency code for a while, then you’re almost certainly due a rebate. If you’ve only got one job but you have a BR code – this is also an indication that there could be something wrong – check with your payroll department or give HMRC a call.

Ultimately, your tax code should make sense when compared to your circumstances and what you’re earning – and if you’re in any doubt, consulting your payroll team, HMRC or Citizens Advice can all be good ways of being certain.

What might you be due?

Tax rebates can be anything from a few pounds to thousands – it all depends on how long it’s taken for any mistake to be rectified – and given HMRC’s occasional tendency to miss mistakes for quite some time, you might be pleasantly surprised.

The good news is, claiming the overpayment back is quite easy. The best way of doing things is to call HMRC, explain to them why you believe your tax code to be wrong and leave it with them. They’ll inform you through the post whether or not your claim has been successful – it can take a couple of weeks, but it’s worth waiting if the next envelope contains a sizable cheque for you!

What if you owe money?

It’s worth mentioning that the wrong tax code can sometimes mean you owe HMRC money – but it’s always better to know this sooner rather than later – and again, given HMRC’s sometimes slow turnaround when it comes to picking up on errors, you should keep checking to make sure you’re not paying too little tax.

We admit, paying too little tax does sound good, but when HMRC catch up (and they always do) – they’ll adjust your tax code to make sure you’re paying it back. Don’t worry though, while they pay you back any rebate in a one-off cheque, they’re normally happy to stagger any repayment you have to make to them, so you definitely shouldn’t be significantly out of pocket.

Are things correct moving forward?

Understanding what your tax code should be is really useful information. The person or people who take care of paying employees in your company are likely to be well versed in what tax codes should be – and why there might be a discrepancy – so they’re good people to keep onside!

It’s well worth periodically checking that your code is right – even if you’ve had a nice rebate, there’s nothing worse than realising you’ve paid too little, after all, money is better in your pocket than anywhere else! If you’re at all uncertain, check with HMRC.

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The business impact of your startup office

When you’re setting up in business the luxury of expensive and decadent office space is sometimes out of reach, but you got to start somewhere even if its metal garages – but what impact does that have on your employees? Your clients? Or your overall brand image? There are lots of things specific to your choice of office that will have an impact on your business – you’ve just got to decide what’s important to you.

From the postal address to the colour of the walls, you might be surprised at quite how much your choice of workplace says about you.

What kind of operation are you?

Have you got a feel for how your business is going to operate? You might think that ‘business is business’ – but the recent trend in internet startups has proved that what some people might look at as a bunch of slacker students with laptops and a foosball table in a room – can actually be the beginning of a multi-million-pound business.

That said, if you’re a high-end management consultancy company, a dilapidated workshop with beanbags as chairs probably isn’t going to suit your style of operation, so think about what is.

There’s more at stake here than just how you decorate and choose your wall-art – the way you operate is going to influence the image that your workplace gives off.

Who’s going to be using your business?

Depending on the industry that you’re in, people being on your site might be a daily event – then again, it might be that you’re operating entirely online and you never see a non-work human! Thinking about what’s likely for you is where location becomes important.

You might be able to find cheaper premises on the outskirts of town – but what’s that going to do to your footfall? Are clients going to be as happy to come and see you if you’re off the beaten track? There’s no certain answer to this – but be sure to think about what location could do to people’s desire to come to your site (and whether you want them there at all!)

If you’re a retail setup – it’s also really important to think about your demographics. How many local people are there that’ll be interested in what you’re doing? Dig into the numbers here, the greatest location on the planet is only any good to you if there are people nearby who want your products.

Accessibility and parking

Attached to location is travel logistics – how will people be getting to you? What’s your proximity to trains, planes and car parking? They might not all apply – but if people need to get to you you’ll want to consider how they’re going to do it. The same applies to your staff – if you want to attract good people you’ll need to make sure their potential commute doesn’t put them off applying…

What does your address say about you?

You’d be amazed at the amount of people that will make a judgement about your business or service based on where you’re located. If you’re a tech startup with a hot Silicon Valley address then people are likely to assume you’re the next big thing – if you’re working from a basement in a little UK village you might not attract the same kind of excitement.

That’s not to say this attitude is correct, massive multi-billion pound companies have come from garden sheds – and Silicon Valley sees daily closures of startups – we’re just talking about perception here. If it’s important to your brand that people think you’re providing an exclusive high-end service, think about finding an address and office space that reflects that!

Then again, if your portfolio of work needs no fancy address to back it up – why bother with the expensive location? You could save a small fortune if you opt for a less desirable postcode.

What is your décor doing to do to your workforce?

So – you’ve found the right address, decided on an appropriate tone for your brand – now it’s time to kit the office out. Are you tempted to replicate those quirky Google style offices with comfy sofas, interesting wall murals and day beds for your staff to take their daily brain-rejuvenating nap? Or do you want the clean business-like lines and edges you’d expect to see in a Wall Street hedge fund office?

There’s more to these decisions than taste. We’ve already talked about creating the kind of space that reflects the ethos of your company – now you’re going to need to balance that with the need to create an office that inspires work productivity.

Some of this decision is going to be dictated by the type of manager you are – do you mind seeing your team lounging on beanbags? Or does the idea of it instantly make you order people to their workstations? The best companies foster a kind of ‘family’ culture – where understanding and communication are at the forefront of everything that’s done. Like it or not, you’re the head of this family – so you’re going to want to lead by example in a setting that’s comfortable for you.

What does your décor say to visiting clients?

While most people are going to be willing to overlook your postal address if your service seems right – very few clients will overlook an office that’s got hints of an unprofessional service. No matter how laidback and cool you want your product to appear, someone’s going to be giving you money to deliver a product – keep that at the front of your mind when you’re looking at creating your workspace.

If you’re going for the shabby-chic coffee shop vibe with Chesterfield sofas, taxidermy horns and a strict Converse and jeans dress code – make sure it’s well presented, the office is clean, bins are empty and workstations are in use. Again, looking for the sharp corporate office vibe? There’s nothing that says you’re blagging it like a sky-high pile of folders with their contents spilling out all over your desk!

Avoid risks!

The underlying message is this – your office can be anything you want it to be, but there are fundamentals that people expect to see if they’re going to be spending their hard-earned cash with you. Perhaps some people won’t mind – but lots will, why take any risks?

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How to find and use good WordPress support services

You might have heard a little about WordPress support services and wondered if paying for such a service would be right for you and your business. We’ll help you explore what’s involved and decide whether such a service is going to be right for you.

Managing your site

As your business grows it’s likely that your website will grow too. Even if the basics stay the same, modern marketing techniques demand that you’re sharing good and valuable information, handling traffic conversions safely, efficiently and productively and working across numerous platforms – and this is before you’ve maintained customer databases, email lists and backups.

Making time for maintenance can be hard – but not as hard as factoring in additional time for changes, updates and recovery – and having a dedicated employee just doesn’t work for most companies.

What does it take to manage a WordPress site yourself?

Managing a WordPress site is theoretically more than possible for most people. Even if your development knowledge isn’t cutting edge, WordPress is designed in such a way that you’ll get a grip of the basics quickly.

Sometimes though your business needs more than the basics, so it means exploring one of the following options:

  • Train and practice doing it yourself – which often doesn’t work out from a productivity and money efficiency point of view.
  • Find a freelancer who’ll work on your site – it can be logistically difficult to work with someone who’s got no formal expectation in a role and isn’t accessible all the time.
  • Employ someone dedicated to your site – this is the most costly option and therefore the best in terms of access and dedication – but does it represent the best value for your business?

There’s unlikely to be a stand-out best option for you from that list – which opens the door for support service providers…

What is a WordPress support service?

Like so many other parts of your business, outsourcing is all about time exchanges. Some time exchanges are easy – do you want to drive 250 miles to deliver a letter? No, so the cost of a postage stamp is a positive investment. The most successful business owners look at their own time as an extremely valuable resource – and a WordPress support service should be looked at in a similar way.

Most services start from around £40/$50 – for that price you could expect a service covering the basics of backups, some technical support and lower level tasks. The upper price obviously depends on how much work you’d like someone to do on your behalf, but is unlikely to cost more than £250/$300 – which is obviously far cheaper than a full-time member of staff and the surrounding logistics and training.

What would a WordPress support service do?

As mentioned, there’s a sliding scale of price and service features – ultimately though, a good support service will have the knowledge and experience to do whatever you want them to – and maybe even suggest more. Services generally include:

  • Secure backups
  • Security monitoring
  • Theme installation and maintenance
  • Speed optimisation
  • User experience testing
  • Coding fixes
  • Broken link checking and fixes
  • Installation of caching resources
  • Plugin management

…and much more. Don’t forget, you’re not just paying for what is actually being done, you’re paying for a bunch of people who have a massive knowledge base for all things WordPress – which means that most services will offer some kind of support desk feature too, often with the option of discussing your site and needs with hosting and storage providers on your behalf.

Handling updates

We’re going to pay special attention to updates for a second. Why? Because they’re absolutely vital is keeping things running smoothly on your site. They can also be a headache to apply – especially if you’ve got modified themes and plugins on your sites. If you’ve ever struggled with an update you’ll take little or no convincing that a support service is a brilliant investment of your money!

Most supported services will be so experienced in handling updates that you won’t know they’ve even happened.

How do I choose a good one?

What? You mean you don’t just plan on giving the most important part of your businesses marketing strategy to a random stranger and just hope that they’ll do a good job?!

You haven’t got to where you are now without making some smart choices – and choosing someone who’s going to do a good job of looking after a resource as valuable as your site is a big and important decision.

When you look at hiring outsourced services you should be thinking in the same way as interviewing a potential employee:

  • What can you bring to my company?
  • Do you have a proven track record?
  • Can you give me some examples of your work?
  • Can you provide references and checkable testimonials?
  • Can you provide what I need – as opposed to what you want to sell?

Dig deep into reviews and testimonials – it’s easy to pretend to be better than you are when you’re selling your services on the web, but it’s also difficult to keep those bad reviews out of sight.

What else can they offer?

You might find a service that can tick some other boxes for you too. Perhaps you have a need for someone to manage your social media accounts? Or maybe you could use some help with on-site-SEO? Having a single point of contact for these things is convenient – and you end up working with someone who understands your business and your goals as part of a bigger picture.

Ultimately…

If you’re running using WordPress and you’re struggling to keep on top of the maintenance it’s probably safe to say that you’re not getting the most out of your site in a number of areas. Every year internet usage numbers are growing – and with it, people’s expectations are becoming inflated.

If your site isn’t loading quickly you’re losing customers. If you’ve got broken links you’re losing customers. If you’re not backing up and taking security seriously – you’re losing customers. The question shouldn’t be whether not you can afford a managed WordPress service, but instead, can your company afford the website perils of not having a good supported service by your side?

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Psychology hacks to boost business productivity

If you have a start-up or small business you could probably do with a few extra hours in your day – could you imagine what an extra hour would do to that email inbox that seems to constantly replenish itself? Or how much further you could push your business on social media working on new strategies with your Facebook ads agency!

Let’s not kid ourselves – a couple of extra hours in bed wouldn’t go amiss either!

Well, economists at the University of Warwick have good news, they say you’re sat an extra 2 or 4 hours a day – depending on your current frame of mind. We’ll explain where those hours are hidden – and how you can unlock them…

Where are you on the happiness scale?

The research that’s been done looks primarily at happiness levels in business owners and employees – and has produced 2 interesting figures. The first is 12% – that’s the amount of extra productivity shown in workers who are operating from a position of general ‘happiness’ when at work. The second figure is 10% – this is the amount of lost productivity when staff are working with less than average levels of happiness.

What does that mean in real terms?

12%, 10% – they’re all pretty abstract terms when you’re sitting at your desk with a pile of work to get through. So, let’s look at what that really means.

Say you work a 10-hour day – not at all uncommon for someone starting a business or pushing to get ahead. Your general mood is less than happy, meaning you’re one of those people operating 10% behind others in terms of productivity. Working at less than your potential probably means you’re not getting through as much as you’d like, you’re having to put in some sleepless nights to hit deadlines or you’re not selling as much as you’d like to.

If you could magic yourself happy, you’d be looking at being able to do 12-hours-worth of work in 10 hours. You’d deliver an extra sale for every 4 you currently do. You’d generate 60 new customer leads for every 50 you currently create. You’d produce 6 new business quotes instead of 5.

Or, if you’ve still got your eye on those extra couple of hours in bed – you’d get through your current 10-hour day in 8 hours – that’s around 12 extra presses of ‘snooze’ for those who need to recharge their batteries.

The 4 happiness hacks

Sadly, there’s no quick or magic route to happiness – but being aware of the influencing factors on your happiness is the absolute best place to begin if you want to unlock that extra time feeling good could offer you. They are:

Hormone levels

Serotonin and dopamine are two of the major ‘feel good’ hormones in our system. People who experience depression are often found to be lacking in either the hormone itself, or have an issue that prevents their body being influenced by its production.

The hacks:

  • Light – Make sure you get some expose to UV rays through your day. That doesn’t mean you have to be on a Thai beach – instead just being outdoors, even if that’s just a couple of short walks, means you’re kick starting your hormone production.
  • Exercise – There are very few things that inspire the creation of feel good hormones like exercise – and don’t worry, it doesn’t mean you have to join a gym right away. Walking, running, dancing, fitness classes, some light weight training – the list is huge and all inspire consistently increased levels of dopamine and serotonin.

Fatigue

You might think fatigue is something that occurs only because of prolonged physical exertion – actually you’re far more likely to experience the symptoms of psychological fatigue. Irritable? Can’t find inspiration? Easily distracted? These are all signs that you’re mentally worn-out.

The hacks:

  • Rest – Working long hours can be a vicious cycle, the more you work, the more tired you become – meaning you get less done and you have to work longer to achieve anything. Sometimes you just need to pull the plug for a few days. Sleep (but not excessively), watch some mindless movies, don’t take any work calls – letting your mind cool down means it’s more equipped for work when it matters.
  • Do something you love – There’s nothing like spending time doing something you enjoy to give you a kick in the right direction. Got a favourite place you like to visit? Family you enjoy spending time with? A neglected hobby you’d like to revive? Schedule time to do it fairly frequently – and you’ll feel energised.

Lethargy

If you’ve got good intentions but you can’t seem to get started you might want to consider if lethargy is holding you back. Where fatigue is the feeling that you’ll crash if you keep going, lethargy is feeling like you just can’t get out of the starting blocks…

The hack:

  • Eat well – managing your diet is the biggest key to maintaining a good energy level. Quite simply, if you eat sugary and processed foods you’re tying up your brain and body with the processing of this food. There are great resources out there on healthy eating – but as a quick fix, tip the balance of your diet toward ‘whole’ foods – they’re the ones that don’t need an ingredients list to tell you what’s in them!

Low or bad moods

Human moods are affected by a huge host of variables – way way too many to ever keep tabs on or control. Therefore, if your mood dictates your productivity or relationships you’re effectively rolling the dice and only being happy if it’s a double-6.

The hacks:

Talk to someone – it can be very very difficult to get a handle on your moods, there’s just so much that can be out of your immediate consciousness that’s having an impact. Talking to someone can be the key to working out what’s getting the better of your brain. Have a look for a counsellor – either privately or through your GP – it’s a bit like having a good brain-storming session, but with your mood and productivity at the centre of the picture.

Take time to observe yourself – The key to handling low or bad moods can sometimes just be understanding that it’s influencing you – but not owning you. Sit quietly and think about what’s happening – when you realise that your mood is more like a cloud above your head rather than an unchangeable attitude you’ll realise you can shake it off, instead of being slave to it.

“I don’t have time for all this!”

We know! No one has time – until you understand that these things buy you time. Would you swap 30 minutes of exercise for an extra 2 hours of work? Understand that if you’re not maximising your mood then you’re letting your time trickle away. You wouldn’t throw away £10 notes – so start doing these things to make sure you’re not throwing away your time – it’s an even more precious resource…

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How To Use Your Foreign Language Skills To Make Money Online

Languages are complex and learning a foreign one is a rare skill that not many people have. However, what you might know is that you can use your knowledge of a foreign language to make money online!

Whatever language it is from French to Arabic and even sign languages, they all have the potential to make you some extra income.

But how does knowing a foreign language make you money online? Well, the good news is there are actually a few different ways you can make money online using your knowledge of a foreign language. And for some of them, a full and in-depth knowledge of the language won’t even be needed.

Although the greater your skill and knowledge of the language the more money you’ll be able to make. If you know the basics of French, for example, you might be able to make a little money but clients will be few and far between and you might not be able to transcribe or translate documents.

So, if you have basic knowledge of a language keep studying it till you’ve built up your skills, because the more skilled you are the more money you’ll make online. But the question remains how do you make money online using your knowledge of a foreign language? Well, let’s find out.

Translation

Translating documents is one of the best ways to make money knowing a foreign language and it’s much more common than you might think. Whether it’s a foreign text a student wants to translate for their paper or a CV for a business there’s a wide range of reasons people need documents translating.

People may also come to you with English text wanting it translated to a foreign language as well. Translation is also one of those rare areas where machines haven’t been able to match or surpass human skill.

While translation software is available it is notoriously unreliable and simply can’t match a human’s understanding of a language. Setting yourself up as a translator for hire is also much easier than you might think.

There are numerous freelancing sites you can join including general freelancing sites like Peopleperhour, Fiverr and Upwork and more specialist sites like Translators Town. You could also set-up your own website and advertise your services through social media. It might take some time to attract clients but professional translators are always in demand.

Transcription

Just like with translating documents foreign language audio transcription is highly sort after and when done well it can make you a lot of money online.

Whether people need you to transfer a foreign language to English or vice-versa there’s massive potential for business in audio transcription. And it can be done through all the same freelancing sites as general translation work as well.

Voice Acting

Knowing a foreign language doesn’t mean you’ll have to spend all your time writing down. If you’re confident enough then there’s a lot of money to be made in voice acting. This could be a simple voice over in another language for a business’s presentation to an actual acting role.

Freelancing sites are again a great starting point but if you want to aim for acting roles in particular then YouTube is a valuable resource for showing off your skills.

Tutoring

Learning a foreign language is something many people want to do, but classes are difficult to find. They might be at an unsuitable time or just not available close by and that’s where you can fill the void!

You might not realise it but knowing a foreign language gives you a highly marketable skill and you can tutor people from all over the world online.

Using Skype (or another video messaging alternative) you can tutor clients from the comfort of your own home. If you have your own website you could set-up your own tutoring services from there and use social media to advertise yourself, but there’s also a number of foreign language tutoring websites you could join.

For example, there’s Livelingua, Verbling, Italki, my foreign language tutor and many more. Some may charge for membership while others may take a cut of whatever you make, but there’s great potential to make money online using your knowledge of foreign language through tutoring others.

Improving Your Chances

Knowing a foreign a language is a rare and marketable skill but that doesn’t make it unique, they’ll be strong competition and knowing how to improve your chances and stand out from the crowd will be tricky.

But by utilising sites like YouTube you can showcase your language skills more easily. A professional website will also give your profile a boost. But remember patience is important as well and while knowing a foreign language is a great skill to have and can make you money it might take a while for people to notice you. But once they do making money and building a client base will likely come quickly.

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Things you can do now that will boost employee productivity

Productivity; it’s such a difficult topic to apply any measurement to, it might appear to wax and wane with the cycles of the moon, paydays, end of the month deadlines and who knows what else. Fortunately, a mass of studies have been done on bolstering productivity in your ranks – from behavioural psychologists to workspace designers, there are many hints and tips that will make sure your employees are happy and working productively…

Create the right workplace culture

The difference between an amazing workplace and an average isn’t tangible, it’s not based on the quirkiest offices, best locations or highest sales figures – it’s based on your working culture. Research shows that if you can create an atmosphere that creates family-like camaraderie between your employees then you’re going to see productivity go through the roof.

When people are surrounded by colleagues they feel have their best interests at heart, they’ll strive for more – and even if they’re not successful 100% of the time, they’ll feel supported nonetheless.

But wait – does that mean you have to like everyone? No, not at all – as with any ‘family’, there are people who you might not see eye to eye with, but that doesn’t mean you shouldn’t look out for them. A business needs lots of different attitudes and personalities to spread in all directions. You don’t have to like someone to value them – and here you’re demonstrating your valuing of the team as a whole, in return, you’ll get people who are willing to work hard for the good of the business.

Understand the individuals

Human psychology is such that no two people are even close to being the same, their unique set of experiences and circumstances mean what makes one person strive for the best makes another person want to call in sick and spend the day looking for another job.

It’s only when you start to understand the individuals you work with that you’ll see these differences, even teams and friends can be motivated in totally different ways – so talk to your employees and see what works for them. It means having to have a dynamic approach – and you’ll never find overall solutions that fit for all – but no one expects that. A willingness to listen and adapt, even a little, goes a long way to making people invested and productive.

Encourage self-care

There are huge numbers of people whose dedication and productivity is potentially second to none – if they were just able to stop working themselves into the ground. It is so often the case that the most dedicated workers just don’t know where the line is between hard work and burn-out, meaning stress, anxiety and other issues relating to reduced mental well-being can feature for your hardest workers.

If you can encourage people to look after themselves you’re going to find productivity benefits. Self-care might mean some flexibility around days off, working patterns, social events or holidays – or it might mean a counselling service or employee assistance schemes. Whatever it entails for your team specifically, recognising that some people need some help to keep their brain working at 100% is important.

Revisit training frequently

How many times have you been on a training refresher course and remembered something that had completely left your mind previously? When we’re training, no matter how the training is delivered, we retain only a small proportion of the overall learning.

As an employee this can put you in a difficult position – do you hold your hand up and out yourself as someone who didn’t seem to be listening? Or do you keep quiet and try your best, hoping it’ll come back to you? The answer for most people is the latter – which means confidence, skills and ultimately morale can be lacking.

Revisit training frequently, let people know it’s okay to not remember. Deliver training in different ways – a dull piece of reading to one person is exactly what another person needs, and roleplay can either be the stuff of nightmares or the key to everything clicking into place. Broad and frequent training means no-ones left behind and hoping for the best.

Provide the right kit

This feels like a bit of a no brainer – of course your team need the right equipment to do their jobs. The important thing to remember is we’re not talking about people just ‘doing’ their jobs, we’re talking about people excelling in their positions.

Your computers from Vectorcloud IT Support in Glasgow , desks, chairs and coffee machines might be the stuff of productivity dreams – but are the applications being used up to the job? Are printers a thorn in everyone’s side? Do your storage solutions make finding files and resources a painful experience?

If you’ve got a team of 10 people who individually waste 10 minutes each day on trying to get that printer to work, fumbling around with conference calling equipment and waiting for slow applications to load then you’re losing an almighty 400 work hours every year.

Talk to people about what could work better for them, allow them space to critique any process in your business and you’ll discover the blackholes that are sucking up massive amounts of productivity month on month, year on year…

Be flexible with breaks

As a manager or business owner you’re free to nip off for a coffee or a breath of fresh air whenever you feel like it would be useful – but often, employees aren’t. There are few things more demoralising than looking up and realising it’s 2 hours until you can next take a moment away from your screen – so letting people know you’re okay with ‘brain breaks’ can be a motivational shot in the arm for most people.

What’s great about being flexible is that you can expect dedication and application of effort in return. More often than not, this expectation doesn’t have to be communicated – just the fact that you’re offering this individual flexibility is enough to ensure people are onside and working productively when they’re at their machines…

 

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The 8 best ways to empower you team

It’s the goal of virtually every manager and business owner to surround themselves with a team that can drive the business forward with their own knowledge, expertise and effort. If you’re thinking you’d need attractive salaries and a big recruitment drive for that to happen in your business, you might not be doing your current team the justice they deserve. Virtually every employee you have is capable of great things, you’ve just got to know how to draw it out…

  1. Look for consistent effort

Talent for a role is hard to come by, for every 10 great interviews there are probably only 2-3 people who deliver with the natural skill they promised, but this doesn’t mean people can’t be exceptional. If you talk to any successful business person they’re likely to cite hard-work long before any acknowledging the part any ‘natural ability’ had to play in their journey.

Start rewarding hard work. And not just the odd late night or end of month push – think about the people who are always giving a lot – even if they don’t stand out. Are there people who are always in early, always delivering on time and never causing problems. Consistency is king. When you’re seen to recognise it, you’ll encourage more of it.

  1. Give ownership

You’ve formulated a solid plan over countless sleepless nights, the team seem onboard and you’re ready to go. What happens when it goes wrong? We hate to break it to you – but can bet your life that you’re getting a big portion of the blame.

Giving ownership of how the initial plan should look is the key here – don’t call the shots, pass it to your team and let them create a plan – in doing so, you’re not only demonstrating trust, but you’re also ensuring that should anything go wrong, they’re fully invested, so you’re less likely to fall at the first hurdle – and more likely to have a team who’ll persevere, not wanting their plan to fail.

  1. Explain to employees where they can go with your business

While it might be obvious to you, your corporate structure or the possibility of new roles, pay rises, performance bonuses and much more can be a mystery to employees. Don’t rely on someone remembering what you’ve told them in their interview – talk to people frequently about the possibility of building upon the role they already have. People benefit from having something to strive for – so give them an option that relates to their work! Creditfix who are one of the UK’s leading personal insolvency companies specialising in Individual Voluntary Arrangement (IVA)’s and Trust Deeds is a great example of a business who does this, they regularly promote from within the organisation and provide guidance to their staff on how they can achieve promotions across their various departments.

  1. Offer the right perks

In a recent study spanning thousands of UK employees people were asked about the perks they value the most in their role. If you’re expecting monetary and material rewards to be high on the list you’d be wrong – people overwhelmingly value the stuff that doesn’t cost you a penny, flexible working hours, times that work around family and days off for special events all featured highly.

A surprising number of people said that being able to take essential non-work phone calls in private eased their mind through the day too. That might seem to impact a person’s productivity slightly, but it could be argued that increased focus is worth the 10-minute outlay. If you’re not sure what people want, ask, it might be different for everyone, so cutting everyone a bit of slack in the areas they need can really bolster esteem, dedication and willing toward your business.

  1. Listen

It might be an obvious one, but it’s severely overlooked. People want to be heard – and while it can be difficult to maintain objectivity if you’re the person at the helm of the business, being as non-judgemental as possible is the key to being a good and empathic listener.

Could you schedule a once-monthly or quarterly session where you talk openly about a person’s performance, the business, how they’re impacting the company, their wants, needs and desires? If you can, do. In terms of empowerment there are few things you can do that will get people onside like this.

Listening does come with a caveat though – if you promise some kind of action, make sure it happens, your listening will be for nothing if you don’t act on your promises.

  1. Forgive mistakes

It’s really important that people aren’t dragged over the coals for making mistakes in your business – if they are, the empowerment gauge is forever going to sit around the low or empty mark. Mistakes mean that people are going out on a limb, they’re making decisions they think are right and they’re using their own judgement – even if the result turns out to be wrong.

Instead of punishing mistakes, look at what someone can do differently next time around and support them to get there. If you want people to be reaching for the stars on behalf of your organisation, you’re going to want to provide a safety net around them – not a pit of spikes.

  1. Reflect empowerment in your hiring/firing

All these steps are for nothing if you don’t practice what you preach when it comes to looking after your staff. Do you have a policy that means you get rid of your lowest performing sales person each quarter? Is it straight down the disciplinary route when there’s illness? Do you have disposable staff brought in for short term tasks?

If you create an uncertain workplace, you’re letting people know that their individual idiosyncrasies and lives aren’t being accounted for and that they’re just part of a rolling machine that stops for no one. It might take some getting used to, and there’s certainly no excusing misconduct – but letting people know they’re in a predictable and forgiving workplace means they’re free to work to their full potential.

  1. Understand your team

If you remember just one thing – it’s that an individual understanding of your employees is vital if you want an empowered workforce. Everyone’s unique, they offer different skills, bring different aptitudes, likes, dislikes and passions. You might be asking yourself if you’ve got the time to dedicate to knowing your team – instead, look at the benefits of an empowered workforce – and ask yourself if you can afford not to have fully empowered and engaged team going forward…

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How small businesses can ensure customer loyalty

If you’ve got a small or medium sized business it’s likely that you know quite how hard it can be to go from having a blank order book to having a database full of customers. Everything from the finding the perfect hosting for your new website to sales and marketing can be hard – but it should get easier. Why? Because each of those customers in your CRM or database should be coming back for more!

They’ve responded to your marketing, they’ve gone through the sales process, they’ve given you money!

Sadly, many businesses neglect the very customers they’ve spent time and money finding – meaning they’re released again into the wild… good news for you, you get to make them your customer, then keep them by ensuring you do the following:

Communicate on their terms

There are countless ways to keep in touch with customers – and everyone’s got a favourite. For every person who’s keen on accessing ‘live chat’ on your website, there’s another who will be frustrated if there’s no phone number to call. Try to make sure you’ve got all the bases covered and make them all known – that way you can be sure you’re leaving no customer wanting.

Provide perks for coming back

If you have a loyalty card at a supermarket you’ll know the sheer weight of vouchers and coupons you get handed to you, in the post, emailed… and so forth. Supermarkets are always looking to keep their customers, and we can learn a thing or two from them. Offer incentives on next orders and make sure your customers know – people love to save money, whether it’s theirs or on behalf of their business.

Find out how they want to pay

“No, let’s go somewhere else, they only accept cash” – If you’re the type of person who prefers to use their credit or debit card, you’ve probably said this more than a few times. Just like ways of communicating, people like to know they can pay in a way that suits them – and there are a lot of ways! Cash, card, cheque, bank transfer, direct debit, recurring card payment, PayPal – to name just a few. Making sure you’re equipped to take a customer’s money is the key to being able to keep taking it in the future!

Tell people what you’re doing for them

If you’re bending over backwards behind the scenes then let your customers know! You don’t have to express your discomfort, enormous working hours or how you’ve missed your child’s sports day on their behalf – but letting people know you’re going the extra mile is really important. People often aren’t aware how good your product or service is until they’ve gone somewhere else – by which time it’s too late.

Offer great service

You should have planned provision in place for offering good service, no matter what your business is. Are you a coffee shop? A smile and quick efficient service are key. Stainless steel banding company? Lose the jargon, offer great solutions and stick to your timescales. Whatever you do, there are a few simple steps that people want from you – and they’re crucial, because it’s likely that no one’s ever going to give you a second chance if your service is poor. In the UK, studies show consumers are more likely to vote with their wallets then almost anywhere else in the world.

There’s no replacement for the human touch

Customers love using machines and automated services for convenience – the proof can be found by looking at how much Amazon is worth – but when it comes to service, consumer like to know they’re dealing with a real person who understands them. When was the last time you had a real person give you an update on your sales order? When did you last get a handwritten thank you note after using a small business? These are the things that stick in people’s minds – exactly where you want to be when they’re looking to spend money again…

Customer birthdays and occasions

There are any number of reasons that companies might want to take your date of birth as part of a registration, security or age verification process – but how many of them remember it when it matters? This is something that Facebook does extremely well, it collects your dates and occasions then helps you revisit them – do you remember what you were doing 4 years ago today? Facebook does, and it’s probably shown you this morning – part of the reason you keep going back.

Perhaps you could celebrate the birthday of the product you sold your customer? It’s a nice touch, keeps you fresh in a person’s mind and gives the impression you’re genuinely aware of what’s happening for them.

Offer referral incentives

People love to recommend – so give them a reason to recommend you. If that reason is a discount when they next order that’s fine, but a great reward is something they don’t have to spend with you. If you’re selling a product or service with a big margin, why not send flowers, chocolates or some other small gift to say ‘thank you for sending another customer our way’. Imagine if you could ditch your marketing budget and just send flowers for every new customer you had sent your way? – Look after people and you can!

Refer customers yourself

If you’re in communication with your customers and find yourself unable to provide a product or service they ask you for – why not make an onward referral yourself? It shows a real care for the customer you’re dealing with, especially since they perceive you get no financial gain from the recommendation – you don’t, but you’ve just won the admiration and loyalty of a customer by doing so!

Be the authority in your marketplace

If you can provide information that surpasses all other information that’s out there on your chosen industry, product or service – you’re onto a winner. It’s the information age – so arm yourself with the best information and customers will keep coming back, certain that you’re the people to point them in the right direction when it comes to finding the right product in your field – and don’t worry, you’re a business, no one said you had to be impartial…

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Top Tech Upgrades For Small Businesses

How’s your company’s business tech? Technology has become one of the cornerstones of today’s companies, so it’s important to take steps to make sure your company’s hardware, software, and networks are effective and innovative. Here are key tech upgrades you should consider for your small business:

  1. NAS

Your company should consider upgrading to Network Attached Storage (NAS). This ironically offers features of old-school file servers. The plus is that you’ll enjoy more power upgradability and efficiency. These are critical in terms of your company’s file-sharing requirements.

A large amount of power efficiency is due to the Intel or ARM microprocessors that power today’s NAS appliances. Another issue is that more vendors are aware that over time the storage demands increase. It’s easier to purchase ore disk storage without needing to buy another NAS. As a result of small/mid-size businesses might discover that it’s better to replace an outdated NAS device with an upgraded model.

  1. Multiple Monitors

It goes without saying that using multiple monitors can help to boost your company’s productivity/user satisfaction. In fact, you might be surprised that sometimes they’re increased by 2x. That’s because you spend less time toggling between different application windows.

This can be a tough upgrade for SMBs though because it doesn’t provide fast and tangible results. On the other hand, it’s important to note that the productivity boost is long-term and the extra monitor(s) provide the opportunity to pay for themselves due to higher productivity.

We recently had a chat with Tala Training who are a provider of CCNSG courses in Manchester and they have now rolled out multiple monitors for all staff in their offices, they feedback they have had has been fantastic with many employees saying the dual screens are now helping them be more productive and efficient.

  1. Docking Stations

It goes without saying that using multiple monitors can help to boost your company’s productivity/user satisfaction. In fact, you might be surprised that sometimes they’re increased by 2x. That’s because you spend less time toggling between different application windows.

This can be a tough upgrade for SMBs though because it doesn’t provide a fast and tangible results. On the other hand, it’s important to note that the productivity boost is long-term and the extra monitor(s) provide the opportunity to pay for themselves due to higher productivity.

  1. Wi-Fi

Make sure your company is running the latest Wi-Fi network. If your company’s wireless connectivity is faster, it will help to boost productivity, sales, and profits. It will also provide a better experience for your workers. Another plus is the network will also serve a higher number of devices like smartphones and tablets. The reason is each data transfer will require less time.

  1. Gigabit Networking

This is an excellent option to give your company’s core network an upgrade. It can help to make file transfers several times faster, so it’s an upgrade worth considering if you want to boost your company’s productivity and efficiency.

In the past, GbE was quite expensive, but gigabit network switches are much more affordable now. Another plus is GbE is built into the majority of desktops/laptops, which is another plus. It makes it more practical for your company’s PCs, Macs, etc.

  1. RAM

There’s an old saying that “More RAM never hurts” and it’s still true today. One of the reasons is RAM has become much more affordable than in the past. There are many benefits of boosting RAM including less virtual memory. That provides a better experience for HDD systems and particularly when they have heavy loads. It will also help to free up tons of flash storage space.

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