Is it the Right Time to Leave Your Job and Start Up

Quitting your day job to go full-time into a business is one of the most significant financial decisions you will ever make. It can be very good or terrible.

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Quitting your day job to go full-time into a business is one of the most significant financial decisions you will ever make. It can be very good or terrible.

On the other hand, if you do enough market research, it’s not a “big” decision at all. You may find it easier (and less risky) to go from part-time to full-time than it was for you to stay with the “9-to-5″ routine in the first place.

Here are the signs you’re ready to start your own business:

Where do you start? The first thing I would do is get some advice from someone who has already been through this process. Next, I would start doing some serious research to determine what it will cost to set up shop in the town or city where I plan to do business. Once I know those two things, it will be easy as pie to figure out whether going full-time is viable for me or not. So let’s say you do some research and discover that the costs of doing business in the town or city where you plan to be located are low enough for you to consider quitting your day job and going full-time. What’s next? The very first thing you should do is create a business plan. It doesn’t have to be detailed, but it should contain the following elements: A description of your product or service (including a short version for your personal use).

You Have Enough Money Saved to Support Yourself

Your emergency fund needs to contain enough money to survive for at least six months if you don’t work for at least half of that time. More realistically, I suggest you have three to six months’ worth of living expenses saved up before you even think about making this kind of financial leap. Ideally, it would be best if you had about 12 months’ worth of living expenses saved up. The reason for this is simple: Suppose you are working on your business idea for one year before you start taking orders. Let’s say your expenses are $5,000 per month. In that case, you would need to have $60,000 saved up to have enough money to last you (and your family) for one full year without working. However, if you have only three months’ worth of living expenses saved up, you will be in trouble regarding cash-flow problems. So, I suggest you build up a cushion of at least three months’ worth of living expenses.

Your Business Revenue Exceeds that of Your Day Job

If not, you won’t have the luxury of being able to slow down or even stop your day job without causing severe financial problems for yourself and your family. Remember, when you are starting, your expenses will almost always exceed your income. This is true even if you are doing things like going to cheap motels instead of staying at friendly hotels or eating at McDonald’s instead of expensive restaurants. When your expenses exceed your income, you must make the difference by getting more revenue than you need from your day job. If not, you will soon be in serious trouble financially.

Is Your Business Concept Developed?

Develop a thorough roadmap for your company. A roadmap is simply a road map. It shows you the highways and byways that will take you from now to where you want to be. If you don’t have a detailed roadmap, you’ll just be bouncing around from idea to idea with no real focus. This will almost guarantee you a failure. Don’t let this happen to you. Get Organized! Get Organized! Get Organized! It’s easy to get overwhelmed when you first sit down to create a detailed roadmap for your company. However, suppose you keep a straightforward attitude and an open mind and don’t get overly concerned about details. In that case, the process of creating a detailed roadmap for your company will quickly become fun and exciting. And, once you start getting organized, the flow of ideas will begin to come to you naturally, and the development of your roadmap will be a truly joyful experience.

How Cloud Ensures Enhanced Data Protection?

Numerous businesses these days prefer storing their data and all the necessary content required in a safe space to avoid any confidentiality issues. Many companies back up their data on local or in-house servers. However, this setup is prone to many threats, hardware thefts, and cyber-attacks.

In order to mitigate the impact, cloud computing comes to the rescue. This technology has helped numerous companies around the globe and is still growing.

Analysts have also predicted that the complete estimated value of cloud-oriented systems would sum up to be around 210 USD by the end of 2016.

Workers often wonder whether it is safe to upload their business data to a specific server that is maintained, secured, and owned by a third party.

Various surveys have been conducted on online technology consultancy software advice. These surveys have stated that security is a non-negotiable element.

This has also been made the top priority to companies that plan or work with cloud-based systems. Workers also need to know that an organization generally looks forward to ensuring peace of mind about major security concerns while they consider a cloud-based security system.

Certain kinds of protection used by the organization to protect the necessary data:
A cloud provider is expected to offer EV or Extended Validation SSL encryption technology, ensuring that communications privacy is completely maintained between the cloud provider and the browser.

Also, reputed cloud providers use 256-bit encryption. This encryption is the same one which bank generally uses to safeguard the necessary data.

This way, the organizations also assure that all the necessary information is quite safe with their encryption. This is generally done when individuals connect to the bank’s website, bank server, or bank application.

Moreover, it also uses firewalls to avoid unauthorized electronic access to the organization’s servers and avoids breaching the necessary information.

Necessary security measures which the company takes for its data centers:
Necessary information and services need a host, and this is the reason due to which they are dependent upon a network. This is why cloud-oriented services stay dependent upon a network to host important services and information.

A major part of the following process features the use of servers. The fact is undeniable that each server’s security is essential, and so is the need to physically safeguard the servers from unauthorized threats.

Virtual security would prove utterly useless if someone enters the servers and effortlessly breaches the necessary data. Various security norms have been introduced to prevent the data from being breached.

It is better if they are locked with secured biometric access controls. The data centers need to have guards and video surveillance all over the day and throughout the year. Organizations must make their employees undergo background checks with proper ID cards, finger scans, and PINs. No organization can or should compromise when it comes to security.

Regularly undergoing security audits in compliance with the industry standards:
No matter how strong you make your security systems, breachers and hackers will find their ways to breach into the data servers and steal all the necessary data you have stored in your system.

This is why organizations are recommended to undergo regular security audits to check whether their data is safe with them or not. This should be done in agreement with the standards of the industry and organizations.

The security provider must undergo an SSAE 16 SOC 1 Type II Audit by a globally leading and globally recognized national security firm. The comprehensive audit checks the organization’s virtual security and tests the access and handling of the necessary information you have.

The audit generally categorizes the following information:

A thorough review of all the procedures manually along with an automated way. This, in turn, initiates all the transactions of the organizations and processes them accordingly from occurrence to inclusion.
The way the necessary data in the company captures the conditions and the events that are quite significant.
An audit that carries the necessary information, which might be manual or electronic, supports the information along with the particular accounts involved in processing, initiating, reporting, and recording.
Endnote:
Cloud facilities are ruling various sectors with their performances and abilities. Their agility in turning an innovative idea into reality is the vital separation. Thus, we can rely on the cloud for protecting the data and keeping it secured.

Rising fuel prices: solutions for the Field Service Industry

As global fuel prices rise, the cost of petrol and diesel in the UK continues to skyrocket. While rising fuel prices affect all sectors, these increases have an immediate effect on the Field Service industry. Businesses in the industry travel to clients daily, and as fuel prices soar, the pressure to pay fuel bills grows for business owners. While the fuel crisis is unpredictable, and there’s no guarantee that prices will come down any time soon, there are ways to reduce the effects of rising fuel costs.

Plan routes ahead of time to reduce fuel consumption

If you plan your field workers’ routes in advance, you can find the shortest routes to reduce mileage and fuel consumption. Route planning can save time and give your workers the opportunity to complete more tasks in a day, increasing productivity and your bottom line. You can also reduce fuel consumption by using a cloud-based system like Job Management Software. You can use the system to assign tasks and update your technicians’ calendars so they can access their appointments online, saving them a trip to the office.

Maintain vehicles regularly

Regular maintenance keeps fleet vehicles in good working condition, improving fuel efficiency. Make sure oil changes are done at the recommended intervals and use the grade of motor oil recommended by the manufacturer. Check vehicle suspension for misalignment, as worn shocks, bent wheels and damaged springs can affect fuel consumption or cause damage to the vehicle, resulting in downtime if the car or truck needs to be repaired. Schedule regular engine and battery inspections to check for worn parts and corrosion on battery cables, which can cause the alternator to work harder, increasing fuel consumption. Vehicle maintenance is essential for fuel efficiency and ensures the longevity of vehicles to save money in the long run.

Keep tyres properly inflated

Tyres account for around 20% of a vehicle’s total fuel consumption. When your fleet vehicles’ tyres are underinflated, there’s increased rolling resistance friction, which increases fuel consumption. It’s important for you or your field workers to check tyres regularly to improve fuel efficiency. If you’re unsure what the tyre pressure should be, follow the manufacturer’s guidelines to ensure the tyres are optimally inflated. While underinflated tyres reduce fuel economy, you shouldn’t overinflate a car or truck’s tyres either. When tyre pressure is too high, they’re more susceptible to damage, wear and tear and tyre blowouts, which can be extremely dangerous. To avoid underinflating or overinflating tyres, check your fleet vehicles’ tyres at least once a month.

Use an efficient inventory system

If your field workers need to travel to your warehouses to collect materials for jobs, make sure you’re using an efficient inventory system. If they arrive at a warehouse and the materials they need are at a different location, they’ll have to travel further, increasing their mileage unnecessarily. Besides increasing fuel consumption, it also increases the time spent on a task, reducing productivity.

Start using Vehicle Tracking Software to monitor driver behaviour

Speeding, idling, acceleration, and braking can reduce fuel consumption, but it’s challenging to keep an eye on your Field Workers’ driving behaviour when they are working remotely. With Vehicle Tracking Software you can track your vehicles and generate driver behaviour reports to find out if your technicians are speeding, braking harshly and accelerating rapidly, all of which lower fuel economy. You can use this information to provide training to improve their driving skills and use Vehicle Tracking Software to monitor their driving to determine whether the training has been effective.

How Can You Create Passive Income?

Creating products for passive income growth is an excellent way to get past the whole idea of working trading hours for dollars. One of the oldest passive income ideas is rental income for real-estate, but today you can earn passive income online right from home.

Here are some ideas that work well.

Create Apps

Even if you don’t know the first thing about code you can find freelancers willing to create your product for you to spec. Come up with an idea for your audience, then run it by a coding expert. You can find them on freelance websites like Upwork.com.

Write EBooks

Today, publishing your own eBook is a great way to make passive income. You can write it yourself or you can hire a ghost writer to do it for you. You can publish eBooks on Kindle for free. Or you can, for a fee, use CreateSpace through Amazon to publish a print book if you like.

Run a YouTube Channel

Did you realize that some people make thousands of dollars a month with popular YouTube channels? If you want to break in, you don’t need to be fancy. You simply need to find a topic that is popular, and present it in a way that people like to watch. You take a share of ad revenue.

Create a Paid Directory

Software is available that allows you to create a directory website that is run practically automatically. The people put their information on the directory for a fee, then you simply approve them or not. Approvals can even be automated.

Develop ECourses

With websites like Udemy.com popping up all over the place, you can now create your own eCourse and get paid for each person who signs up to take the pre-created class. This is passive income at its best. Outside of updating outdated courses, you just publish and collect.

Create an Information Product

An info product is one of the oldest forms of passive income on the net. Simply create a product that teaches someone how to do something that you love, or provides a collection of information for them that they want, and you’re in business.

Make a Membership Website

People love to be exclusive and feel as if their part of an inner circle. You can charge a monthly fee to allow people to be part of your inner circle if you have enough information to share with them. Add in a forum and a lot of people stick around just for that.

Run a Website/Blog

Blogs and websites that are active have content that goes up on them daily. The content is free to read and advertiser supported via ads and affiliate products. But, you can create a pay-to-read website and blog as well. It’s up to you.

Are you struggling to boost your income? Do you feel like you’re stalling out? Many entreprene

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