Category Archives: Business

Five Alerts To Franchise Fraud

For the new investor, not having to start a new business from scratch offers significant advantage, both in time taken to earn a return and in initial investment cost. Marketing costs are expected to be reduced. Of course its in the interest of the franchisor that quality franchisees succeed and the franchisor support offered is a quantifiable attraction. How does that investor reduce the risk of fraud in the due diligence process?

The relationship of the investor franchisee with the franchisor will and must be ongoing. As with any contractual arrangements it should go without saying that both parties to the contract must honor it. Disputes arise in the best of relationships and some may give rise to litigation initiated by either party on the basis of fraud Here are five key areas where possibilities for fraud may exist to destroy the plans of the franchisee from the commencement of contract. Some will be familiar to the first time investor as a risk for an entrepreneur; but all warrant that second take.

Make sure to look only at quality franchise offerings. The new to franchising investor should forget the passion for a particular business and try to be more objective. Just as too popular franchises will be more expensive, may be subject to passing fads, or have fierce competition alongside the sales territory defined in the proposed contract, there are the few franchisors that are known to someone as sharp operators. Every franchise offering could have a number of unhappy, unsuccessful franchisees who may claim to be subject to fraud A strong internet search should be done and, if done on behalf, not stop at page one Google. . Speak to Franchisees. Is there a pattern to the complaints? If the complaints make the investor uncomfortable this is an alert to move on to another option. The relationship with the franchisor must be built on trust and respect.

There should be a check whether the franchise principals have any history of litigation. Disputes over failure to perform can arise from either partys perspective. Franchising is a very litigious business and most franchise companies will have some history of legal actions but its important to separate fact from fiction (as the internet is filled with both). Was the franchisor looking to enforce their agreement to protect the brand and the system, or were they taking advantage of the franchisees? It is important to the franchisee to understand the competition. The investor`s lawyer may alert the investor to signs of undue competition. But what if the competition represented in various initial discussions about marketing does not in fact exist? Are there other flags of fraudulent practise of which the investor should be aware?

Franchisees must go in with eyes wide open. Use of detached, competent and professional help to draft the franchisee`s own business plan and research on earnings forecasts is an essential step as a protection against fraud on the part of the franchisor especially internationally where FTC type protections are non-existent. Breakeven analysis and less optimistic scenarios must be included and the investor should not place o reliance solely on the information provided by the franchisor, no matter how well known that particular franchise may be. In lower cost and lesser known franchise offerings, earnings performance may relate to the strengths and skills of the buyer; then again an optimistic earnings scenario provided to the potential investor may also be a flag of fraud. The investor should prepare a detailed assessment of initial investment costs and compare that with the data which must be requested from the franchisor.

There is a greater risk inherent in considering a start up franchise. It is in the interest of the inexperienced would be franchisee to choose a business for due diligence with a track record over a minimum of 4 to 5 years, with a minimum number of currently operating franchise units. Should the support and expert advice of a franchise consultant not be sought out at an early stage, there will be a need for basic legwork such as visiting the head office of the franchisor and viewing the training material for oneself.

To quote an old adage, the devil is in the detail, even before a study of the draft contract is the next step. Researching important detail early in the due diligence process will make the intended franchisee less concerned about the possibility of fraud. They should be comfortable with the quality of training and support provided, where it will be provided and for how long. A promise to send on the material later should be regarded as just that, a promise, and should be made good promptly. Delays in the provision of any paperwork agreed to be provided should alert the would be investor and their advisors and the franchisor challenged at an early stage in the process.

MatchPoint Franchise Consulting Network was founded in 2006 with a mission of helping companies expand their franchise networks and improve their system profitability. Its mission included improving the quality of new Franchisees coming into a system. From its inception it was clear that complimentary advice offered to franchise buyers on the web site and by MatchPoint consultants is vital to the would be franchisee to enable a better, prudent, buying decision. The advice offered by our consultants does not make us lawyers, rather it is there to help bring all advice offered to the potential franchisee in the due diligence process to a high level of quality.

MatchPoint consultants trained by Nigel Mayne know the red flags of fraud in the industry. It takes the very few franchisors that practice franchise fraud to taint the dream of the franchisee. That`s where seeking the independent advice of an expert franchising consultant is prudent and invaluable.

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Knowing Internal Interface Testing

Everywhere you look, there is competition. The software business is not any different. It is very competitive. Business that are part of the trading industry are constantly looking for ways to come up with products and services that can lure the customers to their companies. Getting the best software developer is a strategy that companies use in order to achieve their goal. This is why Internal Interface Testing is a process that they invest in.

Internal Interface Testing is a very important method for all developers. This is because they test the product that they are going to introduce the market with it. The whole point behind the testing is that they can figure out the possible errors if they go on with the product. At least they can already predict whether the item that they are selling is worth introducing to the market or not. If, however, the Internal Interface Testing requires positive results then this means that the business needs to improve its performance. By using the software effectively, the company can make the most out of the interface testing.

Software tests have evolved throughout the years. It is possible that some applications have to undergo different testing process. The main goal is that it can be perfected. The more comprehensive the internal interface testing, the better the web interface testing can do for the company. This is why software engineers require the user interface testing for any company.

Internal interface testing is composed of images, features, commands, and messages that bridge the gap of the product to the end user. In the user interface testing for the business, there are revisions based on the feedback of the user. This very method is said to be effective when it comes to perfecting the program because of the users participation in the whole application. It is very important to note that the program is saleable because it is user-friendly. Therefore, the input of the user is quite an essential data which developers use.

On the other hand, internal interface testing can be used in two ways. The first is through the main function of the whole user interface testing. In this method, developers conduct the tests that show the function of the program to come up with the errors of the actual business. The second is the internal components of the internal interface testing. Through this, the software engineers develop the tests that check the internal operations that should be carried out by the software.

Finally, black box testing is always relative to the internal interface testing that are performed on the interface of the program. It not only uncovers the errors, it also shows whether the functions of the programs applications are doing its job or not. In other words, the web interface testing is correctly accepted and corresponds with the output that is produced. This testing examines the fundamental components of the application.

In conclusion to this, all the software firms adopt the web interface testing to develop the different approaches needed for the company to have the testing methods for the business.

Creating Best Online Business

Creating Best Online Business

There are many different ways to make money on the Internet but this article today will focus on one particular idea, creating the best online business. There are as many ways to make money on the Internet as possible but there aren’t a great deal of tried and true methods that can work for different people.

The method that we will focus on today is creating a website in a small but profitable niche. What all businesses come down to is finding and maintaining a strong and solid customer base that can constantly make them money. This is true no matter what type of business this is, Internet or retail. The only way that a company makes money is by attracting a solid base of customers and then building off of that. If you are able to build a solid base of highly responsive customers, you will have the opportunity to print your own money.

The first key in creating the best online business is to help you identify a niche that you can work in. this can be a bit tricky but you must make sure that it has a few characteristics. First, you will want the subject to be something that you are interested in hopefully. To truly create a website that people will want to keep visiting, you will have to have a great deal of information and different ways to keep them interested. You will probably need to be researching these topics quite a bit so a strong interest within the field will help you. Secondly, visit www.findhotniches.com. This website can help you generate ideas on what different areas are underserved. The author of this website, James Jackson, gives you niches plus keywords so that you know what to build your website around.

That was great information but here is the rest quickly. You want your website to be built around those keywords so that Internet searches bring up your website among the first page of search results. By doing this, you can start gaining traffic to your website. By constantly writing articles, you can develop a repeat client base which you can begin selling to. Once you are done developing the website, you need some sort of product to sell. This is not necessarily something that you have to come up with. If you go to Clickbank.com, you will find many different products that you can probably sell within your particular niche. You will get a share of the profits and the system is automated so that you just have to guide your clients over to that particular website and everything else is taken care of for you.

If you decide and look into developing a newsletter then you can promote a product at the end of the newsletter, which could bring you in a great deal of money. This is where you can make some good money. Hopefully this article on creating the best online business will help you out. If you want to succeed, try this idea but keep testing as it takes great time and effort to become a strong and profitable website.

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Advertising Self Promotion

Writing a good headline for your advertisement

There is no denying the fact that the success of an advertisement lies mostly in the headline. The headline should attract the reader and make him read the rest of the advertisement. The headline should be simply catchy and various key points should be embedded when deciding on the headline for the ad.

The headline should catch attention of the eye at the first glance. Words in headlines should act as tags for the advertisement. It should say it all about the content that follows. If a company is selling reasonably priced furniture, the headline of their advertisement should be ‘Durable furniture for less price’. This headline will attract the right customers who are on a look out for durable furniture as well as low cost furniture. If the customers to be reached belong to a category that are interested in decorating their house with beautiful furniture and aren’t concerned about the price to get the right look, then the headline can be ‘Change how your house looks by our oriental furniture’. Anything other than the prospects should not be included in the headline. If both men and women can use a product, both of them should be referred to in the title, missing out even one of the category is like losing a huge number of potential customers.

The title should be instant product seller. According to a research, five times more readers read just the headline when compared to those who read the complete advertisement. So the investment is of no use, if the title isn’t good enough to sell the product. There can be a possibility that the content of the ad isn’t strong enough. All the harm can be undone by having a powerful headline.

The headline should be centered on the product and not the company that is selling the product. The customer’s interest should be reflected and he should feel that he is directly addressed. Start with ‘you’ and not ‘we’. So if the client specified on mentioning the company’s name, don’t start the sentence with it. For example, instead of writing ‘Tylenol – solution for sever cold ’, write ‘Got sever cold? Try Tylenol’. Never forget to mention the name of the product in the headline. The product name should be of top priority.

A snapshot of the benefits of the product should be given in the headline. This is an important quality of a well-phrased headline. The customers look out for advantages when he thinks of buying a product. Keywords like whiter teeth, nutritious cereals, or miraculous growth should be incorporated in the title.

If inculcating all these factors have made the headline long, it should be remembered to write the product advantages in bold. If a visual is placed in the advertisement, it will be a good complement. As a picture speak thousand words. But care should be taken that the headline should say some part of the story and the visual should say the rest. Don’t repeat the headline or the picture.

Too much of cleverness should not be applied to design a headline. There are nearly five hundred advertisements in a local newspaper on weekends. A regular reader reads the headings of all of them. He will be able to classify between a false heading and a genuine heading. No false promises or information should be included in the headline. Over smart headlines are good for award competitions, but don’t really work with the savvy customers.

The headline should give out a positive feeling to the reader. Negativity should be totally excluded as it not only creates a negative impression but the mind will also be not receptive friendly. It sometimes confuses the mind and it interprets a negative meaning of the message being delivered. Confidence should be reflected in the headline. Don’t include any doubtful words like if and but. Conditional phrases are a strict no. The sentence should be in present tense, instead of past or future.

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Your Home Based Business Office Do You Really Need One

Business  photoDo you have yourself a Home Based Business? Do you have a separate room set up for your office? Is it quiet, without any distractions?

I was reading something last night that really hit home with me! So, as much as I hate to admit it! I AM SO GUILTY of this one.

The article was actually about just taking 5 minutes of your time each morning, before you start getting to work on your home based business and straighten something out in your office or life. It could be anything that you think would help you to get yourself more organized, maybe clean off your desk, file some papers, it could be just about anything.

Then she went on and talked about looking around and finding the things that you were not happy about and change them. If you had a mess to get rid of it, if you didn’t like the way things were, to change them.

This Really Hit Home With ME.

Well, I went out today and bought myself a new desk and a nice chair. You see I do have a computer desk, with my computer and printer on it, that’s about all that I can do on it. It is more of a Hum- How would you say? Yes piece of decorative furniture!

Also it is located in my kitchen. I actually have an open concept in my home, the living room is attached. Is that how you would say it? Yes I guess so – I have access to everything right from that point. The fridge, the stove, the sink, the TV, etc. I actually had my laptop sitting on my counter, with my router box right next to it. We would trip on the cords daily. Truthfully!

Are you getting what I am saying here? Yes, this did work, for a while anyways; until I saw a dirty dish, noticed my plants needed a drink or a suddenly thought I needed a snack. Everything was real convenient; I had a lot of distractions.

Well I did find a few strong boys to carry this big old desk and set it up in the basement. I now have myself an office to work my home based business. Yep, its real nice & quiet too. I actually have got more done in the last 3 hours then I have in 2 full days!!! Wow! I am here to tell you guys!!! Get yourself a space you can call your own to work on your Home Based Business! You will find yourself getting more things accomplished by simply getting things in order.

I just don’t let those little things bother me, so I didn’t think it was a big deal. But now that I have set up my own office, I realize it is a big deal.

If you are just getting started in a home based business opportunity, or if you have one already and you don’t have an office set up, do this today! Everyone tells you this is the first step to take, but how many people actually do it? I didn’t, I thought that I had my desk right next to me and that was alright!

NO It wasn’t, Believe me you will get more done and become successful so much faster if you start working your Home Based Business the right way.

Remember, set up a schedule and keep to it, don’t forget to schedule you breaks, this is important. You now have a plan, so stick to it and soon you will see your Home Based Business Boom!

Chery Schmidt
Internet Marketing Coach & Home Business Mentor
Specializing In Helping Others Succeed Online
Grab A Free Copy Of My Report –> The Ultimate Game Plan For Online Entrepreneurs: http://www.CherysOnlineGamePlan.com/?t=artbiz
Love What You DO & DO What You Love

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Unethical Behavior In Business

The sad truth is there are people who part take in unethical behavior within the workplace. Unethical behavior includes a variety of activities. Some unethical business behavior may include lying and changing the number of hours they have worked, making a long distance phone call on the business phones, and copying business software so they can use it at home. There can be more serious unethical behavior such as altering business records. There are also behaviors which are deemed as unethical and behavior that is illegal but ultimately is up to the business to decide if the behavior is illegal or not.

When a employee discovers someone that is being unethical, it can sometimes test what their own ethical values are. Sometimes behavior that is unethical and not illegal can fall under a grey area such as, what is right or wrong and can make it difficult to know what to do when they encounter it. However, people will also have different opinions on what is ethical and what isn’t. An example could be saying that it okay to say a white lie, and they make it okay because they can justify it their mind.

The employees own sense of what is right or wrong, comes into play when they witness someone else doing something that isn’t part of the companies standards. The employee will need to address how they are feeling about the activity and will they inform on the activity or do they turn a blind eye.

When the employee witness the employee doing something unethical a decision is made in what to do about it and so they are presented with a number of difficult options. Should they go and talk to the person or do they go and speak to the supervisor.

There are techniques that are put in place to make it easier to help with the decision and manage unethical behaviors. The company needs to create a policy for the company, that is signed by each employee so, they are aware on what to do. This will minimize the awakened feeling of what to do when seeing someone act unethically.

The second part is to show a outline of what will be expected of the person when they discover someone doing something unethical. It should also have the person that needs to be contacted and what the process is involved in doing so. Having a clear set instructions, will have a more proactive way on reporting on someone who is doing something unethical. So, by having this it can deal with this issue easily and quickly before it becomes a big issue.

The consequences should be clearly stated of what the unethical behavior is. That way, the person who witness the activity is aware of what to do which lessens the risk of someone not reporting something that is unethical.

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Tom Martino Damages Oregon Business

In November 2004, talk radio host Tom Martino picked up the phone on his consumer-advice show. Unhappy Washington state resident Melissa Feroglia was calling to complain about a jet ski she had purchased in Boring, Oregon at John and Susan Gardner’s Mount Hood Polaris. Unfortunately for the Gardners, Martino’s show was nationally syndicated.

Feroglia told Martino that her jet ski had broken down again and again. According to Feroglia, John Gardner had first promised to refund her money, but had then said that her ski jet was fixed and there would be no refund. Feroglia concluded her woes by telling Martino that at that point the weather was too cold. She would have to wait until spring to try out her jet ski.

Martino, in the flip and annoying way of many talk show hosts who could not be bothered with the facts, then told Feroglia that Gardner was lying to her. Martino and Martino’s producer continued the saga by telling us of a cycle we are all far too familiar with: Calling the shop, being told to contact the manufacturer, contacting the manufacturer, and being told to call the shop again. We don’t know if their tale was true or not.

We do know that Martino said, “Polaris sucks.” The situation further spiraled out of control as Martino encouraged his listeners to contact Mount Hood Polaris and the manufacturer and tell them that they would never again buy any Polaris products.

John and Susan Gardner sued after their phone lines were flooded and they were threatened. The Gardner’s lawsuit stated that people driving by the store for several weeks shouted insults and the store lost approximately $600,000 in business. A judge dismissed their suit and in April a federal appeals court upheld the dismissal. According to the federal appeals court, this was basically not slander because reasonable talk show listeners do not expect facts on talk shows like Martino’s, just opinions. Without facts, there cannot be slander.

In the eyes of the law, any damage to the Gardners’ business and reputation was due to Martino’s opinion, not to any false fact or facts. Given that this damage could not have been caused by reasonable talk show listeners, the Gardners have no recourse. No law protects businesses from talk show hosts who urge unreasonable talk show listeners to damage the business.

Tom Martino has more critics than just the Gardners. His critics are concerned by the “Troubleshooter Referral List,” a list of businesses that Martino endorses. A business can join Martino’s list by paying a $3,000 fee and agreeing to a code of ethics. This code includes agreeing to let Martino decide disputes with consumers and follow his decisions. Martino also personally endorses business products and services on the air for payment. Critics question Tom Martino’s being a creditable consumer advocate due to the very substantial fees he earns from his endorsements.

Martino apparently enjoys both sides of the street. He appears to profit as an entertainer masquerading as a consumer advocate. He also appears to profit as a businessperson selling endorsements that appear to make him a pseudo consumer advocate. Unfortunately, his audience does not appear to notice that he is a pseudo consumer advocate. He is not the real thing.

Perhaps some day we will have a law that holds talk radio hosts liable for inflaming audiences that can reasonably be expected to cause damage. Until then, businesses savaged by Tom Martino will continue to occur damages, both justified and unjustified. In the final analysis, we have no idea if the Gardners were fine upstanding business people or not. We don’t know anything about their business practices. We can definitely state that it would have required some very bad business practices for $600,000.00 in damages to have been a fair penalty. We can conclude two things from this: We need laws to handle situations like this and we need to watch out for Tom Martino and other talk show hosts like him.

The Evolution Of Business Analysts

Software application development has only been around since the late 1970s. Compared to other industries and professions the software industry is still very young. Ever since organizations began to use computers to support their business tasks, the people who create and maintain those “systems” have become more and more sophisticated and specialized. This specialization is necessary because as computer systems become more and more complex, no one person can know how to do everything.

One of the “specialties” to arise is the Business Analyst. A Business Analyst is a person who acts as a liaison between business people who have a business problem and technology people who know how to create solutions. Although some organizations have used this title in non-IT areas of the business, it is an appropriate description for the role that functions as the bridge between people in business and IT. The use of the word “Business” is a constant reminder that any application software developed by an organization should further improve its business operations, either by increasing revenue, reducing costs, or increasing service level to the customers.

History of the Business Analyst Role

In the 1980s when the software development life cycle was well accepted as a necessary step, people doing this work typically came from a technical background and were working in the IT organization. They understood the software development process and often had programming experience. They used textual requirements along with ANSI flowcharts, dataflow diagrams, database diagrams, and prototypes. The biggest complaint about software development was the length of time required to develop a system that didn’t always meet the business needs. Business people had become accustomed to sophisticated software and wanted it better and faster.

In response to the demand for speed, a class of development tools referred to as CASE (Computer Aided Software Engineering) were invented. These tools were designed to capture requirements and use them to manage a software development project from beginning to end. They required a strict adherence to a methodology, involved a long learning curve, and often alienated the business community from the development process due to the unfamiliar symbols used in the diagrams.

As IT teams struggled to learn to use CASE tools, PCs (personal computers) began to appear in large numbers on desktops around the organization. Suddenly anyone could be a computer programmer, designer and user. IT teams were still perfecting their management of a central mainframe computer and then suddenly had hundreds of independent computers to manage. Client-server technologies emerged as an advanced alternative to the traditional “green screen,” keyboard-based software.

The impact on the software development process was devastating. Methodologies and classic approaches to development had to be revised to support the new distributed systems technology and the increased sophistication of the computer user prompted the number of software requests to skyrocket.

Many business areas got tired of waiting for a large, slow moving IT department to rollout yet another cumbersome application. They began learning to do things for themselves, or hiring consultants, often called Business Analysts, who would report directly to them, to help with automation needs. This caused even more problems for IT which was suddenly asked to support software that they had not written or approved. Small independent databases were created everywhere with inconsistent, and often, unprotected data. During this time, the internal Business Analyst role was minimized and as a result many systems did not solve the right business problem causing an increase in maintenance expenses and rework.

New methodologies and approaches were developed to respond to the changes, RAD (rapid application development), JAD (joint application development), and OO (object oriented) tools and methods were developed.

As we began the new millennium, the Internet emerged as the new technology and IT was again faced with a tremendous change. Once again, more sophisticated users, anxious to take advantage of new technology, often looked outside of their own organizations for the automation they craved. The business side of the organization started driving the technology as never before and in a large percentage of organizations began staffing the Business Analyst role from within the operational units instead of from IT. We now have Marketing Directors, Accountants, Attorneys, and Payroll Clerks performing the role of the Business Analyst.

In addition, the quality movement that had started in the 70s with TQM, came into focus again as companies looked for ways to lower their cost of missed requirements as they expanded globally. The ISO (International Standards Organization) set quality standards that must be adhered to when doing international business. Carnegie Mellon created a software development quality standard CMM (Capability Maturity Model). Additionally, Six Sigma provided a disciplined, data-driven quality approach to process improvement aimed at the near elimination of defects from every product, process, and transaction. Each of these quality efforts required more facts and rigor during requirements gathering and analysis which highlighted the need for more skilled Business Analysts familiar with the business, IT, and quality best practices.

Future of the Business Analyst Role

Today we see Business Analysts coming from both the IT and business areas. In the best situations, the Business Analyst today has a combination of IT and business skills. Each organization has unique titles for these individuals and the structure of Business Analyst groups is as varied as the companies themselves. However, there is a core set of tasks that most Business Analysts are doing regardless of their background or their industry.

The Business Analyst role becomes more critical as project teams become more geographically dispersed.
Outsourcing and globalization of large corporations have been the driving factors for much of this change recently. When the IT development role no longer resides inside our organizations, it becomes necessary to accurately and completely define the requirements in more detail than ever before. A consistent structured approach, while nice to have in the past, is required to be successful in the new environment. Most organizations will maintain the Business Analyst role as an “inhouse” function. As a result, more IT staff are being trained as Business Analysts.

The Business Analyst role will continue to shift its focus from “Software” to “Business System.”
Most Business Analysts today are focused on software development and maintenance, but the skills of the Business Analyst can be utilized on a larger scale. An excellent Business Analyst can study a business area and make recommendations about procedural changes, personnel changes, and policy changes in addition to recommending software. The Business Analyst can help improve the business system not just the business software.

The Business Analyst role will continue to evolve as business dictates.
Future productivity increases will be achieved through re-usability of requirements. Requirements Management will become another key skill in the expanding role of the Business Analyst as organizations mature in their understanding of this critical expertise. The Business Analyst is often described as an “Agent of Change.” Having a detailed understanding of the organization’s key initiatives, a Business Analyst can lead the way to influence people to adapt to major changes that benefit the organization and its business goals. The role of a Business Analyst is an exciting and secure career choice as U.S. companies continue to drive the global economy.

Training for the Business Analyst

The skill set needed for a successful Business Analyst is diverse and can range from communication skills to data modeling. A Business Analyst’s educational and professional background may vary as well–some possess an IT background while others come from the business stakeholder area.

With backgrounds as diverse and broad as these it is difficult for a Business Analyst to possess all the skills necessary to perform successful business analysis. Companies are finding that individuals with a strong business analysis background are difficult to locate in the marketplace and are choosing to train their employees to become Business Analysts in consistent structured approaches. First, organizations seeking formal business analysis training should examine vendors who are considered “experts” on the field with a strong focus on business analysis approaches and methodologies. Second, you will want to examine the quality of the training vendor’s materials. This may be done by researching who wrote a vendor’s materials and how often they are updated to stay abreast of industry best practices. Third, matching the real-world experience of instructors to the needs and experience level of your organization is critical to successful training. Business analysis is an emerging profession and it is critical that the instructors that you choose have been practicing Business Analysts.

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The Benefits Of Leasing A Printer For Your Business Instead Of Buying One

While increasing amounts of work are being done on computers and via email, the idea of the ‘paperless office’ has still not come to pass. All businesses need a printer as an essential part of their IT infrastructure, but a surprising number of businesses have not yet realised the benefits that leasing a printer can bring. Indeed, many small and medium enterprises are not even aware that leasing a printer is an option. So, what are the benefits of leasing a printer for businesses?

1) Reduced Capital Expenditure

The purchase of a new printer outright requires the spending of a significant sum of money – money that has to come from somewhere. It is either liquid cash that is no longer available for running costs or other purchases or requires a line of credit that could better be used for other requirements. Both of these options could be better used in other aspects of the business.

2) Enhanced Budget

A leasing option is in essence a one stop shop for a business’s printing needs. The business simply pays an agreed monthly fee for its printing infrastructure needs, allowing the cost to be spread out across the budget, with maintenance and replacement fees included in the price. This has important connotations for the next benefit.

3) No Surprise Expenditure

When a business owns its own printer it is responsible for repairing or replacing the printer should it wear out or malfunction. With a leasing option, these costs are covered in the price of the lease. A leasing option avoids a budget crunch when a printer needs to be replaced and removes the need to keep money in an emergency fund for printer expenses.

4) No Maintenance Worries

Money is not the only consideration – the time of a business and its employees is also valuable. Rather than having to organise printer replacement, maintenance or repairs themselves, a business with a leased printer can leave these activities to the leasing company, freeing up employee time for the core aspects of the business.

5) Avoidance of Obsolescence

Capital expenditure on a printer is basically a money-sink. IT infrastructure is constantly developing and hence a printer depreciates at a rapid pace. These factors reduce the benefit of having such an ‘asset’ on the company’s balance sheet.

6) Easy Upgrading

Should a business’s printing requirements change then those that own their own printers will need to write off their old hardware and make a new purchase. With a leasing option the business avoids such costly capital expenditure as they can simply renegotiate their lease with the supplying company. This is equally valuable in the case where printing requirements decrease, allowing the business to decrease the cost of their monthly lease without needing to purchase a whole new printer. This benefit is particularly advantageous to new or rapidly-growing businesses who may have quickly-changing requirements.

7) Removal of Disposal Worries

The responsibilities and worries associated with your IT infrastructure do not end when the printer has reached the end of its life. As with all IT hardware, the disposal of printers is covered by a plethora of rules and regulations. With a leasing option, this responsibility and its associated costs is removed from the business.

8) Increased Flexibility

With so many rapid and game-changing developments in printing technology and business practices occurring on a daily basis businesses need to be able to be flexible in their IT infrastructure. A printer lease increases this flexibility by requiring only a change in the lease rather than the purchase of new hardware by the company.

Simple Ways You Can Reduce Waste At Your Business

Everyone has seen the alarming pictures of landfills full of waste that will likely never degrade into organic materials. Plastic, aluminum, and heavy metals are all being used in record amounts. These take thousands of years to break down into components that take less space and aren’t harmful for plants and animals in the immediate vicinity. Largely after the 1980s, people began to become more aware of the potential damages using these types of materials en mass could cause. The 3 Rs–reduce, reuse, and recycle–can help the planet develop less of a waste problem. Businesses, more than individual households, use lots of plastics and metals in their day-to-day operation. If you own a business or are in upper management, making some small changes and encouraging employees to do the same can have a profound impact on the world and future. This article will tell you how you can reduce container waste and how refilling plastic components of appliances with ink and toners can prevent the destruction of the environment.

Reducing the Use of Plastic Utensils and Paper Plates

Businesses often provide paper plates and cups, as well as plastic forks and other utensils, for their employees. This service helps when an employee has an anniversary at the company or a birthday. If conferences and trainings within the business frequently feature catered meals or snacks, having these on hand might be essential for the correct functioning of day-to-day activities essential for the company to run smoothly. However, these can pile up in landfills and might not be recycled correctly if employees are left to their own devices. There are a couple of ways to reduce the use of these and encourage recycling in the workplace.

First, if employees are given spaces to store their mugs, they won’t use disposable cups every day for their coffee. If you think about the number of employees across the world that depend on coffee to get up and function, the thought of the coffee cups is overwhelming. Washing out ceramic mugs will save all this waste. Putting paper and plastic recycling bins in the break rooms and other areas where food is often consumed will greatly increase the number of employees that recycle any disposable utensils that are used.

Paper Print Jobs

Rejected print jobs are another site of waste within companies. Often people will print more pages than they need. This paper adds up very quickly. Placing clearly marked recycling bins near any printers in the office will ensure that paper is recycled instead of being disposed of. Although paper does degrade over time, using less of paper resources will put less stress on the logging operations that clear forests.

Providing Receptacles for Batteries and Other Electronics

Many companies will recycle electronics and batteries for their employees. If your company is not one of these, you may be able to partner with another to ensure that your employees can properly dispose of any batteries needed for work or even ones that they’ve used at home. Batteries and electronics have elements that are toxic for the environment. Recycling them is essential for keeping the world unpolluted.

Toner and Ink Refills

This is a way to benefit the environment that saves businesses lots of money. Instead of buying new ink cartridges and tossing out the old, which are made out of non-biodegradable plastic, you can get them refilled. Ink and toners are essential for almost every business out there. No matter which type of printer you use, laser or another type, you will need to replace cartridges to keep it in working order. Helping the environment and choosing the cheaper option will help everyone in the long run.