Be the Boss – The 5 Best Industries to Start A Business In

best industriesPhoto by Skeeze on Pixabay

If you haven’t yet established a career for yourself, then you’ll be pleased to know there’s still time. The world’s needs are changing at a rapid pace, and new industries are becoming more relevant or short of workers. Even those who do have a career may be questioning their future in it and deciding whether something more rewarding may be on the horizon. If you want to be your own boss while looking for a career in an up-and-coming industry, then read on.

Health and Fitness

Most industries experience periods of stagnation, but the fitness industry is showing no signs of slowing down. Everyone from a personal trainer to a gym owner, or healthcare professional is in hot demand.

Technology

If you’ve been your grandma’s go-to tech guru for as long as you can remember, then doing it for a living could be worth a closer look. Not only does a job involving technology pay well, but it’s not likely to become a redundant industry. Artificial intelligence, cloud computing, web marketing, software development, the list goes on. All of these sub-sectors are paramount for businesses to operate in a modern world, and you could be in hot demand to make that happen.

Construction

Not only is affordability a problem in the urban housing sector but so too is availability. One is a direct consequence of the other, and going into business as a construction expert could mean you’re doing your part to solve the problem.

Of course, you will need to train to fill those big construction boots, but once you do, you can hit the ground running. At least a third of the world’s urban population is expected to struggle to access secure housing by 2025, and the time to try and fix that is now.

Real Estate

When you look at all the industries that have moved with the times, you will be amazed at how the real estate sector hasn’t. Realtors still rely heavily on “for sale sign” advertising methods, and not all are interested in appealing to the masses. If you have a creative mind and an eye for innovation, then you could be in your element. There is a dire need for online design services, real estate technology, and even online brokerages.

Energy

While we’re thought to be in the “twilight of plentiful oil,” that won’t last forever. That’s why more and more companies are jumping on board the electric bus, seeking out sustainable energy methods to eventually eradicate the need for oil in the future.

If you are looking to start a new business, then let your creative juices flow into the profitable energy market. Learn all there is to know about oil, gas, mining, sustainable energy, fracking, and related fields. The more heads that can come together, the quicker the world can find a solution. You never know, you could have something exceptional to offer.

The best industries to start a business in are not necessarily those that first come to mind. Think about future successes, not just fads and trends that exist now. Combat crises and use your powers for good. You can be both profitable and powerful in your new business venture.

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Trade Show Trumps – 5 Secrets to Making a Huge Splash at Your Next Exhibit

trade showPhoto by Marilia Castelli on Unsplash

For many businesses, an annual appearance at a trade show will bring in a substantial portion of their annual leads – needless to say, it takes a well-planned strategy to achieve that level of success at a single event. There’s a wealth of opportunities to build new relationships and expand on your existing client base. How can you stand out from the crowd? These five secrets will distinguish your brand at your next trade show:

1. Use your booth to create a quiet sanctuary

In the past, an eye-catching booth with phenomenal banners and branding was enough. Now, it takes a little more thought to stand out. Rather than racing alongside your competitors and adding to the noise, drop out of the race. Offer visitors a comfortable sit-down lounge, free coffee, and soothing music. Basically, create a comfortable sanctuary.

Add media walls, AV displays with informative videos, talks, or demonstrations to feed visitors your information while they rest. The opportunity to build meaningful connections is tripled. People are more likely to read your pamphlet if they’re sitting down with a hot cup of joe in a perceived safe space.

2. Don’t become booth-bound

Avoid using the booth as a safe space and try something new. Try a by-invitation-only feature, rent a suite and decorate it to suit your brand. Then, invite your identified key targets.

You’ll make fewer connections, but they’ll be better quality and more likely to spend with you in the future.

3. Improve your follow-up process

Processes are the foundations of success. Fine-tune the way in which you identify your key targets, perfect the way you attract them, and most importantly, invest in the way you retain them. Your follow-up process will be the opportunity you have to build potentially life-long business relationships.

A custom follow-up branded corporate gift with a genuine message (relaying something of the conversation you shared, to personalize it) will get you a great deal further than a simple sales call. People value real connections, so take the time to record something of the conversation at the tradeshow. Use that tidbit in a handwritten invitation, card, or letter alongside a small gift once you’re back at the office, to solidify the relationship.

4. Grab a mic and get center stage

Public speaking is not for everyone, but the rewards are generous. People are naturally drawn to acquiring new knowledge that will offer tangible benefits in their day-to-day lives, so offer real advice.

Prior to the event, allocate some budget towards hiring professionals to create a mini-course that can be delivered in a speech.

If you’re not a public speaker, you can develop your public speaking skills, or hire someone to speak on your behalf. Potential buyers will naturally approach a demonstration. If you impart meaningful knowledge that is easily understood, your brand will be remembered as an authority in its field.

5. Use the givers-gain tactic for free brand awareness

There is a school of thought around a concept known as Givers Gain. It states that those who give freely, gain freely.

Spend some time building relationships with the event organizers. Try to identify ways in which you can assist them, in your professional capacity. You’ll likely be thanked and mentioned on printouts and on banners. That kind of publicity can take you far at a tradeshow event.

Incorporating tried and trusted techniques complete a portion of your trade show success strategy. Leave some room for experimentation, what works for your brand might not work for others, and vice versa. Through experimentation, you might just stumble across the ultimate success plan. It’s all about testing the boundaries!

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4 Tips on How to Create a Stress Free Move for Your Business Expansion

stress free movePhoto courtesy of Stuart Miles on FreeDigitalPhotos.net

When your business begins to grow, you may find that the facility that you are now occupying is getting smaller by the day. In fact, even your office staff is crammed with little room to move around and the same is true for your operations. As this expansion occurs, you should be preparing to find a place that your business can move to. Preparing for a business expansion move is not always as simple as some people may think. Therefore, when you start early by creating a plan that will factor in all that is required for a business move, you can use the following tips to your benefit.

1. Create a Budget to Cover the Expenses

The expenses for a business move can be very costly to the company’s overall budget unless you know how to control the cost in advance. Since some of the cost is directly related to the move itself and others are indirectly related to the cost of productivity, you need a plan that will take all of this and more into consideration. Therefore, you need to make sure that you can build a plan that will outline the expense of using a moving company to help with every stage of these activities. The cost of these moves will vary based on what you are actually hiring them to do. Hence, you need to know what you will be paying for prior to them arriving at your business door.

2. Consider the Benefits of Hiring a Moving Company to Pack and Unpack

A business move is not only time consuming but also time-sensitive in its overall nature. As mentioned above, you need to know what you need from your moving company when you make the appointment for them to assist with the company’s move to the new location. For instance, for some companies, it is a lot more productive for the moving company’s representatives to do a lot of the hefty work instead of the workers of the company. So, if you want to save time and money by letting the staff continue their work on core duties versus the move itself, the professional movers can arrive on-site to do all of the packing for the office and other operations. Their duties will consist of packing all of the office items in boxes and transporting the boxes into the moving trucks.

The same is true for companies that have physical furniture that needs to be moved into the trucks too. Therefore, all the moving company’s rep needs is a directive that shows them what is going to the new business location and what will need to stay back. By allowing professionals in the moving company to take on this role, it leaves less stress on the employees that will be moving to the new location. To find out more about the benefits of using moving professionals to pack and unpack, visit moving company sites like North American Van Lines.

3. Computers and Networks Need to be Moved to the New Location by Computer Technicians

If your company is run by mostly computers and computer networks, there can be a huge interruption in business activities if it is not planned strategically. To make sure that your business is covered in this area, you need the best resources available to prepare in advance for prior to, during, and after activities that will need to be done. For instance, the professional moving technicians who handle this part of the move will tell everyone when their computer systems will not be available for business use and when they are expected to be up again. The role that they play is to provide a seamless computer system that is available for their users as soon as the business move has been completed and everyone is transferred to the new business location.

4. Communicate Dates to Employees to Minimize the Adverse on Productivity

Though the moving company will be responsible for moving the companies inventory from the old business location to the new area, the employees should be instructed to box up their personal items prior to the moving date. Therefore, everyone in the office must have the right communications to effect a smooth transition to the new location so that they can remain productive.

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Business Benefits – 4 Ways To Expand Your Business In NZ

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If you run a business and are trying to break into the New Zealand marketplace, with so many well-established companies already present, you may be finding it difficult to get your foot in the door. However, modern innovations in business have started to make expansion easier in virtually every country across the globe.

Nowadays, with the advent of virtual offices and coworking spaces, you have a number of options to expand your business ventures in New Zealand. So many in fact, that you may not even know where to start. It can be difficult to keep up with all the latest advances, as there is just so much else to focus on in the contemporary business world.

Let’s take a closer look at some of the ways in which you can grow your business ventures in New Zealand.

Test The Waters With A Virtual Office

Virtual offices are, essentially, everything you need to run a business without actually having a physical office space. With a premium virtual office service, you are free to use your providers address on all correspondence and marketing materials, as well as having a dedicated receptionist to answer calls in your business name. This allows you to give the impression of having a brick and mortar business in New Zealand, while you are feeling out the marketplace.

Utilise A Coworking Space

Time is of the essence in business and the great thing about utilising the services of a premium coworking space in New Zealand is that you gain instant access to a fully-fledged fitted-out office from which to work, take meetings, and carry out business related tasks straight away without delay. With a flexible month-to-month fee you can be working from the most prestigious office building in Auckland in an instant without having to spend valuable time scoping out office locations, setting up essentials like internet and phone connections or hiring support staff. As a growing business, it is unlikely that you would be able to afford to rent or own an office in a building of this calibre yourself, and a coworking space provider can make it happen straight away.

Start Building A Strong Network

With the diverse range of businesses in the New Zealand marketplace, there are tonnes of opportunities to connect with multinational companies operating in the country. This is especially true of major cities like Auckland and Wellington. With any business expansion, you are going to need all of the help you can get. A coworking space can get you started by immediately connecting you to hundreds or even thousands of professionals in not only your own industry but others as well. With premium coworking providers you’ll also gain access to a members-only online community where you can make further connections. Networking in this way will set you up for success in the future as in the business world, it’s all about who you know not what you know.

Choose A Premium Provider

It cannot be stressed enough that you need to make the right choice in provider when it comes to virtual offices and coworking spaces. Not every provider is going to offer the same locations, equipment, or services. The expansion of your business is far too important to make an uninformed decision on your coworking needs. Take your time, ask questions, and make sure you have evaluated all of your needs before you choose a provider.

Expansion Ease With Modern Innovations

Business expansion will be a challenge, so you need to have the right support to succeed. You are no longer restricted to traditional brick and mortar ways of growing your business and with an open mind and new ways of doing things, you will make an impact. Take a look at the virtual office solutions and coworking spaces available, and you may be surprised at what they can do for your business growth.

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Commercial Confidence – 5 Secrets for Successful Commercial Real Estate Investment

commercial real estatePhoto by Drew Beamer on Unsplash

So, you’ve decided to take the plunge and start your commercial real estate portfolio. If you’re new to this sort of investment, don’t go in blinded by ideals and ambition. Even those who’ve been in the residential property game for years will want to regularly brush up their knowledge and understanding of this exciting, yet challenging field. Commercial real estate is often viewed as a safer investment than its residential counterpart. While this may be true, any sort of investment is a balance between risk and reward. Generally, people get into this side of the game because there’s more security with tenancy and larger returns to be earned. However, these won’t help you if you fail to do your homework and manage the associated risks. Luckily, there are certain steps you can take to further minimise your exposure and keep your portfolio strong:

Do Your Research

It doesn’t matter where you’re looking, there will always be commercial property for sale. Just because it’s there doesn’t mean you should just jump in and buy it without performing your due diligence. Do some research on the area in which you’re looking to buy, and compare the property you’re considering against those around it. This is what your prospective tenants will be doing, so it pays to know the market well. If you have your eye on a specific property, it’s crucial to have a comprehensive history of the property, so that you know what kind of maintenance it will require.

Have a Plan

You’ll want to sit down and work out exactly where the money for this venture will be coming from, and have contingencies in place should tenancy arrangement not go as planned. You’ll also need a solid plan for how you intend to execute your ideas. This is good practice with any investment but real estate tends to require a larger initial outlay, so it’s vital to be prepared should the market throw you a curve ball or two.

Speak to a Professional

Now you’ve got the basic groundwork done, it’s time to bring in some specialized help. We’re not talking about chump change here, so it always pays to have at least a financial advisor and real estate agent on your side. Set up a meeting with your trusted advisors and start crunching numbers, while you may think you’ve covered every angle, two heads are better than one, and three is even better. Your A Team will also be able to help you go through your buying, funding and maintenance plans to ensure you’ve covered everything, and advise you as to any permits you may need.

Have a Purpose

Speaking of permits, if you’re going to want to change anything in your building, you’ll probably need one. Head into your new purchase with a solid idea of what you want to do with the property and if you plan on making any alterations, make sure you’ve factored in the cost of renovations, surveying, permits and lost income from the time where your new building probably won’t be habitable.

The critical mistake that people make when entering the commercial real estate market is thinking that they’ll be fine without planning and investigating all possible variables, because it’s established itself as a “safe” investment. If you can avoid this pitfall, you’re halfway to having a successful property, which can help provide for you for years to come. Make sure that all of your ducks are in a row before you put any money down, follow your plan and watch your bank balance, and portfolio, grow.

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