Author: admin

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There are positive stacks and heaps of utilizations out there in Apple’s App Store and Google Play Store. In any case, the issue is how many of them are really productive? How many applications we use every day? All things considered, these are some of the programs that have had a momentous conclusion of my day by day Smartphone use and some truly spared me the vital time of need.

1. Google Drive

Wherever you are, as long as you have a mobile device with an Internet connection, you can access your files anywhere in this world through Google Drive. It is a Cloud based service from Google to let you get data Gmail account drive. You can store files such as documents, photos, videos and share those files for others to view, comment on or edit these files.

2. Evernote

Evernote helps you with little notes, checklists, schedules, and each one of them easily overlooked details. It is one of the highly reputed apps that have been around for quite a while. It is more similar to some time secretary to you, that helps you remember the proportion of these seemingly insignificant details that will make your life considerably simpler.

3. ProShot

With plenty of power-packed features, Proshot is definitely Camera Replacement App you can find in the market now. Features include – Auto, Program, Manual, and two fully configurable Custom mode, just like a DSLR. It also includes a manual focus assist and expand with just one finger. The developers are proposing, “Leave the heavy DSLR at home, ProShots got back.”

4. Good Look

You would certainly feel amazing when it’s real consultant who keeps you introduce new and in vogue way tips life. There are articles on the current pattern of going out in style commercial projects. You can choose your own likings from a wide range of coordinate indications.

the arrangement of the overall look is also available on this application of specific custom-made item. You can log into the application with Facebook identity and discover the most loved look. You can also access a wide Instagram articles on trends fashion wardrobe and lifestyle options.

5. clap! phone Finder (Android) Only

Can not seem to remember where you left your phone? on top of that, the phone was kept in vibrate or silent mode? All things considered, now you should to simply celebrate and you would quickly know where the phone is. How? Simply put ‘Clap! Phone Finder ‘app (Android). This program gives you the opportunity to experience your phone by pat regardless of the phone was held in silent or vibration.

6. MyScript Calculator

This great calculator works on handwriting. What you need to do is compose numerical expression and the program will leave it for you in seconds. It is simply obvious, effortless and instinctive.

7. Keymer

Every once in a while, we tend to abuse our keys and here and there. Fortunately, we have a smart app – Keymer, which scans and stores the electronic copy of the key. Did you lose the keys? Try not to worry, simply go Keymer automated kiosks and shiny new and a copy sent to you.

8. Dash Lane

Dash Lane is a very practical and comfortable Digital Wallet and Password Manager. This extremely rewarding app lets you keep all your passwords in one secure place. It stores the necessary data and code safety notes. Among many other features, you can store your credit / debit card safely in your wallet and portable use, the wallet application to make secure payments on the go.

9. Waze

Are you tired of getting stuck in traffic on the regular way? Try not to focus, simply put ‘Waze’ and you can use this unique program to say goodbye to your suffering.

Waze is a group-based movement and the way program that relies heavily on constant activity and street information. With this program you can have continuous data about the course you need to take. You can also get reprimanded for blocks traffic and information on the least expensive cost gas from mutual group.

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Source by Antar Shome

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In the last five years, however, the paradigm of real estate transactions has gone through a major change with digital transformation of our societies being at the heart of this change.

Every aspect of our lives has changed drastically in the last two decades and much of the change has been fuelled, catalysed and necessitated by the increasing digital awareness and ubiquity. The Real Estate industry, although, much slower to adapt to this change has since picked up pace and is now at the forefront of some of the cutting edge innovations.

As our lives are more connected, and there is greater financial freedom with easier movement possible, a greater value has now been found in attempting and executing phone system transactions online. There is less apprehension and greater confidence being shown by buyers, sellers, brokers, lessors in deploying digital mediums to conduct their real estate business.

The National Broadband Network in Australia is set to take this transformation into a much higher terrain as improving connectivity and access will bring about better transmission of data, improved transparency and a much larger populace into the online phone systems fold. Consumers will be able to view and evaluate properties from far and wide, while developers will be in a position to pitch them to a more varied audience. The brokers will find themselves being able to create unified platform for the interaction of both buyers and sellers.

Digital transformation in the real estate sector also means that there is an improved coordination and liaison amongst the various parties involved. Virtual meetings, conference calls and video conferencing means that physical presence is no longer the clinching requirement to close a deal. Digitization also moves the land records and ownership documents to the online sphere, this reduces fraudulent transactions and improves confidence amongst buyers.

Thus, we see that the actual transformation brought in by increasing digital presence in the real estate industry is to increase transparency and improve confidence amongst buyers. This has in turn allowed for a greater organization of the sector. Real estate brokers are now no longer regional players but can scale their operations with considerably decreased costs. For the buyers, there is a greater sense of security in real estate transaction. They have greater access to information which in turn provides them a clearer picture of the property in question and the sellers on hand. For the sellers, the new digital age has opened up new market avenues hereto non-existent. Wider scope, better targeting and improved conversions have helped bottom lines.

In conclusion, digital transformation has been a holistic and all-encompassing phenomenon that has helped each one of the stakeholders in the telephone systems chain.

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Source by Susheel Tadka

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In any business, application of advanced technologies can contribute towards ensuring success. Your office may require a better telephone system and voice mail system to carry out effective business transactions. The success of any business depends mainly on client satisfaction. In order to maintain steady contact with clients, small business owners can make good use of the voice mail system which functions as an answering machine.

The pros and cons of having a small business voicemail system are many. The main point in support of having this system is that, it is featured with a personalized answering facility which allows you to brief your client in situations when you are unable to answer their calls. The voicemail system is provided with caller identification facility which enables you to respond to your client at a later stage when the client might have forgotten to provide his contact information. It is also provided with date and time stamps which give a clear idea about the date and time when the message was actually obtained.

Most of the voicemail systems are provided with alerts which inform you about the arrival of new voicemail, and with this facility you can respond to your client without delay. There is also the interactive voicemail system which is feature rich and can help to make your small business venture a success. Through these systems small business establishments are able to reduce the time and space limitations. They help a lot in decision making; moreover, it can also bring a steady decrease in your telephone expenditure.

Even though there are many advantages in having a small business voice mail system there are some negative aspects also. Voicemail systems are capable of managing only a restricted number of voice mailboxes. As far as security features are concerned, it is possible for hackers to crack the passwords and read the messages, which can have a negative effect on your business goals.

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Source by Alen J Smith

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It's a common business dilemma: you need office help, but do not have the capacity to hire a full-time receptionist. In reality, all you really need is someone to answer the phones and occasionally make phone calls on your behalf. When this is the situation, you have two options that do not involve the hassle of hiring a new employee: enlist the aid of a virtual live receptionist, or a contract with a PBX / auto attendant answering service. This article states why it is better to outsource your answering service to a virtual live receptionist firm.

Before diving into pros and cons, let's define these two types of answering services. A remote receptionist answers and forwards phone calls, takes messages for you, and helps relay information to your clients, all while working from a remote location. The virtual receptionist answering service charges you only for the time when their receptionists were actually on the phone on your behalf.

On the other hand, a private branch exchange (PBX) or auto attendant answering service, employs a digital operator to prompt callers. For instance, the auto attendant may tell callers to dial specific numbers until they reach the correct contact. The PBX organization charges you a monthly fee for their services.

Better Business Long-Term
Many business owners choose a PBX answering system because they believe it is a more economical choice. It is certainly less expensive than hiring a full-time receptionist. Over the long-term, however, hiring a virtual receptionist is a more business savvy choice. The key here is to think about how an automated voice impacts your clients' moods – and the impression it gives to potential new clients. Remote reception gives similar savings over hiring a full-time employee, but with an actual human answering the phone. As detailed below, virtual reception services help you keep more happy clients while winning more new clients – boosting your bottom line more over the long run. Read on for additional reasons why a virtual live receptionist is the better option for an outsourced answering service.

Real Human Contact
A virtual receptionist humanizes your company. With a remote receptionist, your clients will not encounter a prerecorded message when they call your office. Additionally, there are no scripted conversations because, unlike with a PBX service, the person with whom your client speaks is a trained professional who does not need a scripted conversation to help your customers. If you are not available to take a call, a virtual receptionist can relay important information to particular people, send messages via email, phone or text, and / or connect your clients with a voice mail system. All of these options are more personable and positive than sitting through a robotic phone menu.

Customer Satisfaction
Customers often encounter an auto attendant answering service when calling businesses. In fact, most of us are so familiar with the occurrence that we have memorized the typical recording: "Please listen carefully as our options have recently changed. If you know the extension of the person you are calling, please dial it now … "Three minutes later, after twiddling their thumbs through every single menu option, your customers will finally hear:" To leave a message on the general system, please wait for the tone. "

Using a virtual live receptionist means your customers do not have to wait for a message to finish. In this way, a remote reception service eliminates frustration for your clients. In fact, at least 60% of customers report that they become angry or frustrated when they encounter an automated telephone system, and many people hang up as soon as they hear an automated voice. With live reception services, however, your clients and prospective clients will speak with a real, live person right away. This will help ensure you never miss new leads and business opportunities.

Professional Appearance
When you hire a live virtual receptionist service, callers will think you have a receptionist working in your physical office. As a result, your business will seem bigger and more professional. In addition, when you use a service that guarantees their receptionists are cheerful, bright and charming, clients will find their good moods to be addictive. Consequently, you will discover your clients have a more positive and joyful attitude that puts them in a better mood to do business with you.

Additional Services
PBX and auto attendant answering machines offer limited service options; there is only so much an answering machine can do for your clients. Virtual receptionists, however, do not just answer incoming calls. They can also make outgoing calls on your behalf, such as appointment confirmation calls. The best remote receptionist services can relay information to a particular client should you have to go into a meeting, so you can focus on your business while keeping your clients informed and happy. Just like a traditional receptionist, a virtual receptionist is happy to call your clients to gather details for you. For example, if you are an insurance agent and need some background information regarding a claim, a virtual receptionist could gather the information, freeing you to focus on other business matters. How many answering machines can do that?

When clients butter your bread, it is up to you to keep them happy and loyal. A virtual live receptionist can assist you with this goal by making sure you never miss a call while giving your clients a personal, positive customer service experience – and at a lower cost to you.

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Source by Elizabeth L. Robinson

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So, what exactly is a virtual assistant? The term virtual is a little misleading … and perhaps more appropriate would be the term, remote assistant. Nonetheless, the more established and recognised term is virtual assistant, so for the purposes of this article, this is the term that I'll stick to. Over the last few years, the 'remit' of the virtual assistant, and the access to these services has increased dramatically! What began as opportunities for companies to remotely take care of certain tasks such as transcription, typing scanned documents, data entry and cold-calling for lead generation, has now expanded to include almost all tasks that a personal, executive or administrative assistant would do, and far more. The virtual assistant role has now developed to the point of encompassing a far wider spectrum of tasks … you can find virtual assistant that can help with web and graphic design, social media and other marketing, research, the usual administrative tasks, and more . This job 'role' is allowing more and more people the flexibility to work remotely, and around other commitments. For this reason, people with a variety of skills are benefiting from including themselves in this pool.

So, this all sounds great, and it might very well seem like this option is an answer to your prayers, particularly if you're a small business, starting up, or you yourself are an entrepreneur who works remotely. Take it from me, finding the right virtual assistant, or even pool of virtual assistants is like a dream come true. Achieving this is not a straightforward or easy process though, so be prepared to spend the time and make the effort to find the right person or team for you.

Now, on to the tips that can help you navigate the process and make it a little easier for you …

1) Be very clear about what your expectations are, what tasks you want done, how long you anticipate this will take and what your budget is for the tasks. Be aware that whilst it's possible to get a VA very reasonably.

2) Rethink your budget. If you are short on time, and do not want to waste it trawling through hundreds of potential low-cost candidates, it is sometimes worth spending a little more in order to recruit someone with more experience and who works to a higher standard.

3) At times it can be worthwhile allocating a slightly higher budget to a task, whittling down the pool of potential VAs, and then hiring more than one on the same task.

4) Before you agree to any larger pieces of work, pick a smaller job that you want completed, and negotiate terms based on the scope of the work, timelines, and budget. Once this been agreed, start reviewing potential VAs with a few key points in mind:

a) Availability: Many VAs have a number of clients that they work for at the same time. Even if you are only hiring for a smaller job to assess the candidate pool, you want to make certain at the outset that the VAs you recruit have the time available to allocate to your additional tasks should you choose to pursue a longer term working arrangement. Knowing this from the outset will save you the trouble of fully vetting candidates that may not be able to work for you thereafter. (Note: Due to the nature of VA work, even when you find the perfect person for you, it is worth considering splitting the work so that you're not left in the lurch should you be left without a VA on short notice, or alternatively, have your VA continually update a handover file that will help with a transition to a new VA).

b) Professionalism: Consider whether the VA answers his or her emails, voicemails and other correspondence in a timely and professional manner?

c) Time management: If possible, choose a task that you can divide into milestones and then assess the VA's commitment to these.

d) Quality: Consider the standard of the work delivered and whether it meets or exceeds your expectations.

e) Project management: Try to find a VA that displays project management skills. This may seem like a high expectation, but good VAs are able to juggle multiple tasks at once in a comfortable and organised way. This is what you want, rather than someone who will buckle under the pressure of varied tasks.

f) Endorsements: Get references and testimonials from VAs particularly if considering more long-term work. Check these for authenticity and do not hesitate to contact references for feedback on the VA with regard to the type of tasks you want done.

The right VA can be a tremendous asset to you and your business. Their services cover an expanse far wider than the average in-house administrative, personal or executive assistant, and they can help relieve a great deal of pressure by making sure some of the details of the business are taken care of in the business, while you work on the business.

By bearing the above points in mind and using them as a guide when hiring a VA, you'll hopefully better be able to navigate the process, and move closer to finding the perfect VA a lot sooner, and with less trial and error. Good luck!

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Source by Noleen Mariappen

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No matter what kind of business you may want to set up or run, if it is a virtual business such as an online shop, or a physical bricks and mortar stall, there are bound to be problems which any business owner may face. These problems sometimes slow down your business and impede the ways of getting good profits. The question is how in the world are we going to overcome these problems and challenges in our business?

The first way to successfully overcome challenges is to try and forecast the problems that one might face. It is always wise to brainstorm the possible obstacles that could get in the way of your growing business; and to have the ability of forecasting these problems would be a huge advantage when it comes to getting the problem solved. If there is a prescribed set of solutions to possible problems, when these problems actually do arise, it is much easier for us to deal with and frees up more time for more constructive things – such as advertising the business.

The second is to have a business plan. Having a plan would allow businesses to have an overall aim, and would allow the head of the company to have a form of guidance. It also allows the company to fall back on a blueprint and allows the smooth sailing of the company. A good business plan should be very detailed and must put in place the order of things in the company. The plan must also list the possible problems that the company may encounter and the solutions to the problems.

The third is to have competent leadership. Leadership is an important factor on which the company relies. The leader is always the first to be notified of a problem or an obstacle and will be there to steady the ship when there are challenges that the company faces. They must have the ability to create a solution for a problem and to have good marketing strategies for your products or services, such that in the case where there is a very strong competitor, your company is still able to hold the ground that you have in the market. A competent leader must also be innovative, must be able not just to go with the times, but to improve with the times, so as to keep pushing the company forward and be a forerunner in the field that your company is in. More often than not, the leader of the company is often the problem solver when it comes to meeting the challenges that the company faces. It is normally a long and tiring process to look for a good leader, but most small companies are unable to do so, so it is necessary to just nurture yourself into a leader who is able to sail through the tough times and to be the forerunner in your industry.

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Source by Ken K Brown

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Background

Modern society has three aspects – social, economic, and political. The social aspect deals with association between some social group / institution (such as family, school, collage, mosque, etc.) and individual, economic aspect deals with interactive relationships between firm / industry and economic agents, and political aspect is dynamic combination of parliament, executive, judiciary, media, civil society, political parties and voters. The economic aspect has three sectors – product sector, service sector, and financial sector. Business Location is important for product sector due to concerns about availability of raw material, it is vital for services sector in order to provide convenience to customers, and it is central for financial sector for efficient communication links. Thus, business location is vital for every sector of modern economy.

Determinants of Business Location

Business growth and survival is based on multiple demand and supply factors. We may group these factors into two categories – tangible and intangible. The tangible factors can be felt with five senses, while, intangible factors can not be felt with five senses. The prominent tangible factors are capital, land, physical convenience to customers, and cash in hand, while the prominent intangible factors are entrepreneurship, organizational behaviour, consumer tastes, and social links. At production level, after capital, the possession of land and its suitable location is the most important tangible factor that fortify and maintains manager's stability towards business struggle. At consumption level, customers have great attraction towards easy attainment of product or service. The physical convenience to customer is an important tangible factor that shapes demand-pattern of product or service, so that business location easily accessible to customers is vital for stable customer account. Thus, the most important demand and supply factors for business survival and growth – ie, stable customer and stable entrepreneur – are strongly linked with business location.

There may be another division of decisive ingredients of business location, input and output elements. The prominent input elements are – convenience to entrepreneur, convenience to work force, cost of transportation, efficient communication links (ie, phone, internet, wireless, mobile, etc.), government incentives, availability of raw material, availability of cheap labour force , and operational efficiency. On the other hand, the prominent output elements are – convenience to customer, distributional ease, and business effectiveness. The optimal availability and utilization of input elements are beneficial for cost minimization, while the optimal availability and utilization of output elements is beneficial for sales maximization, thus, the combined effect of input-output elements enhances the net return of business struggle, and both are strongly linked with business location. It is noteworthy that the input-output analysis may also include the social dimensions of business location.

Business Location & Taxonomy of Business

A traditional division of economic struggle or business venture is – farming, agribusiness, mining, manufacturing, and commerce. These classifications give shape to three basic sectors of economic aspect, ie, agriculture sector, manufacturing sector, and services sector. Agriculture sector or Farming is indispensably based on land. A suitable farm location is required for distinctive farming activities. Agribusiness are highly dependent on land output coming from agriculture sector such as cotton ginning, spinning, tannery, flour production, and sugar manufacturing. These businesses are generally located near to the source of raw material. Similarly, mining is a business highly dependent on land and its hidden treasures, such as oil & gas refinery, gems and stones, and coal extraction. Expenditures on transportation of raw material and facility of warehouses are high and costly, thus, to arrange location of these business units near to the sources of raw material is reasonable approach. The administrative units of the business are generally located somewhere else, normally near to some financial hub. Agribusiness or mining are labour-intensive or raw material-intensive industries. The capital-intensive industry opt a different approach towards business location. Industry location is decided by capital efficiency, labor or raw material is secondary, eg, automobiles, home appliances, and military equipments. In addition, government incentives, structural facilities, and focused working environment for knowledge workers are some decisive elements for the business location of capital-intensive manufacturing sector.

Commercial businesses or services sector are customer-driven businesses. The very existence of the business depends on easy provision of product / service to consumers. These businesses are highly sensitive to location and its physical appearance, a minor mistake towards location may bring a great loss to a business, for example, a restaurant on some odd area or bit away from customer's easy approach may be a failure. Generally the posh area brings many customers due to snob and bandwagon effects. The snob and bandwagon effects, thus, play an important role in making final decision about location of commercial business. In addition, there are multiple small factors are involved at the time of area selection, for example customer's ease on parking, customer's security, and pleasant customer mobility during shopping. The customized location analysis for each and every commercial business is essential and indispensable. The location analysis of retail would be different from wholesale, retail is generally profitable within city while wholesale is suitable outside the city. A virtual factor has gained special importance in commercial business, product can be displayed on virtual location, monetary transactions can be made through credit cards and product can be delivered through company's courier service. The services sector has accommodated the benefits of virtual location but indispensability and significance of physical location can not be wiped out.

The non-governmental organizations, trusts, hospitals, and educational institutions are important intuitions of modern society. They are inevitable and essential part of every civilized state. They are critical for physical health, psychological strength, spiritual purification, and social ties. They are managed and operated with entrepreneurial skills and personal devotion. Efficiency and effectiveness of such institutions are also depend on multiple factors such as capital, volunteers, and physical location. A facility away from volunteers or user would be less effective. The location has dual effects; it attracts volunteers as well as users. A volunteer brings time and money, thus efficiency / effectiveness is increased, and user is eventual beneficiary of a welfare activity, an ultimate goal.

Business Location & Size Analysis

A business venture has four economic sizes -micro, small, medium, and large. A micro business is a single member firm. It has, generally, less than three staff members. A micro business is started with limited capital. The legal structure of micro business is sole-proprietorship. A micro businessman is, generally, self -centered and heavily dependent on micro-management (static, short-sighted, and person-specific approach of management). Physical location is extremely important for micro-business. Land ownership gives peace of mind and sustained motivation for work to businessman. A micro businessman remains micro in his business due to micro-management or austerity leanings towards life.

A small business has, generally, less than ten staff members. The small businessman has outward looking tendencies with high ambitions. He likes / loves his product / service. The greater psychological challenge of small businessman is MANAGERIAL EGO or NARCISSIM. A small entrepreneur may remain small during his economic life time due to managerial ego / narcissism. He is unable to get synergic benefits. He can work on someone else land and gives utmost importance to capital against the micro manager who is highly land-dependent. A small entrepreneur may enhance her business status through effective entrepreneurship.

A medium business has, generally, less than hundred staff members. The owner of medium size business is outward looking with high ambitions, however, pragmatic towards business aspirations. He likes social interactions, enters into socio-economic links and develops a business circle. He is social-oriented economic entrepreneur. He is generally trapped by social links due to extreme social tendencies. The physical location is important for him for solid social ties; it is, sometime, a trap on his economic growth. The social demand extracts his multiple business energies. A medium business may be a global venture due to availability of some global social linkages. A medium entrepreneur may enhance her business status through better management of socio-economic ties. A mid-size family business is sustainable goal for him due to great social leanings towards social ties. A location-oriented socio-economic networking of business can give a stable shape to business.

A large business has, generally, more than three hundred staff members. An owner or initiator of large business is inward oriented, outward looking, dynamic, and visionary. He wants to develop an empire, thus, a suitable physical location is materialization of his entrepreneurial dreams. The boundless intentional energy or Will Power is asset of economic entrepreneur of a large business. His entrepreneurial skills towards social linkages are relatively low. It may be his strength towards business, he is able to develop or run a large business with professional zest and zeal. Due to limited social leanings and low conceptual intelligence, he is dependent on social entrepreneurs and consultants. The dependency phenomenon, ie, reliance on consultants / social entrepreneurs, is permanent feature of a large business and demands a proactive / positive stand of owner towards dependency phenomenon. A large business may be a global concern due to presence of marked profit differences between native and global markets.

Challenges / Opportunities of Business Location

A business either micro or small or medium or large faces numerous challenges / threats. The foremost challenge to a business location is cutthroat competition. Business life is predominantly competitive by nature. A suitable business location may add / reduce the competitive environment of a business due to uneven availability of capital, work force, or customers.

The second major challenge to suitable business location comes from some cooperative businesses. A cooperative environ is needed to attain or retain some synergic benefits. A sustained unity among members is great challenge towards any strategic alliance due to lustful tendencies of human nature, mushrooming perceptual errors, continuously surfacing miscommunications, incessantly evolving socio-economic changes, and frequently occurring political upheavals. An effective leadership or stable institutional framework is inevitable for everlasting or reasonably long lasting cooperation. A suitable location can bring some advantages to a cooperative business struggle via maximum interaction among stakeholders, now and then. There may be another kind of cooperation, Anchor Benefits. A few businesses flourish due to vicinity to some renowned business, known as anchor businesses, it is forced cooperation a business gets due to its location, eg, pharmacy develops near hospitals.

An important challenge to business location is Law & Order. A peaceful environ of area is, effectively, a cooperation from government and chaotic situation is indication of non-cooperative government. There may be some other indicators of friendly government such as merit criteria towards businesses, tax incentives to business community, and structural support of government.

Another important challenge / opportunity to business location is regional blocks / globalization. A business location gives an area of ​​effect to entrepreneur due to linkages of the area with customers / stakeholders. A shift in linkages among areas strongly influence the area of ​​effect of entrepreneur because a demographic basis of business is changed, a demographic shift or shift in demand may extend the business circle or may reduce it, thus, a regional / global orientation of business has structural importance for business. In addition, a business linked with some wider markets or global outlets is comparatively more dependent on suitable location due to phenomena of free / easy mobility of various input-output elements. Cost of transportation, government incentives, communication links, subtly restrained competitive-cooperative environ, and cultural aspects are involved in wider / global business, thus, intensive-extensive analysis is needed for suitable business location, physical as well as virtual. A successful native business may be a failure at wider or global level due to bigger and greater threats, while a dwindling native business may get an upwards push due to large and immense opportunities. Moreover, an entrepreneur is habitual of two comfort zones – time oriented comfort zone and space oriented comfort zone. A buying / selling interaction at wider or global level is; obviously, disturb the temporal and spatial setting / movement of entrepreneur. The time-space disturbance may be short-lived and re-adjustment might be productive and can bring long-run benefits.

Another challenging area is market volatility; a business location is frequently disturbed by market trends. A volatile trend of customer gives shocks to business, now and then. A mature and stable business can easily resist short run volatility of market trends and business location is not affected. A medium run crisis can be managed with land ownership. A change in long run trend leads towards a change in location, thus, business is disintegrated or take a new shape.

Alternatives of Suitable Business Location

We are inhabitants of an incomplete and continuously evolving universe. Ideals are relentlessly pursued, a few are materialized but a lot remains ideal. A suitable business location is sometime an unachievable ideal. There are several alternate options for suitable business location such as home business, industrial districts, vendor business, outsourcing, and virtual business. If these alternatives are chased with professional acumen and wisdom, they may become a greater blessing for business growth and survival. The synergic benefits can be reaped through these alternatives; unachievable in autonomous flights of business venture, eg, industrial districts provide economies of scale to business venture normally available to a large business; home business can give a social push to economic struggle generally available to a large family business, virtual business may give a global look to a business journey, outsourcing can reduce overhead costs, and so on and so forth. It is note worthy the synergic benefits of alternative business locations are available to only an innovative entrepreneur. An innovative entrepreneur is stable towards crises / change, flexible towards pressures / stress, resilient towards threats / challenges, and persistent towards mission / vision.

Concluding Remarks

At the time of initiation, an entrepreneur must evaluate three aspects of a business venture. They are temporal, spatial, and informational aspects. Temporal analysis of business venture analyzes the trends of market to arrive at some reasonable revenue or demand estimates, spatial analysis considers the physical location of the business in order to minimize the input cost / distribution cost, and informational aspect considers the efficiency in flow of information for quick and accurate decisions. We are living in information age, thus, virtual location or informational aspect of business has gained special and utmost importance for business success. A virtual inefficiency may damage the physical efficiency, while the virtual efficiency may cover up, to some extent, the physical inefficiency. Thus virtual location of business, a recent phenomenon, is supportive to physical location of business.

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Source by Muhammad Ilyas Qadri

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Interested in exploring the world of virtual receptionists and not sure where to start? Good news, you've got some great options out there! When exploring your virtual receptionist options, first things first, you'll need some background to help you decide if automated or live calls services are right for you.

Not very long ago, there were really only a couple options for small businesses or other organizations with offices to choose from for dealing with callers. Today, however, a whole myriad of choices are available to meet the needs of most businesses. Answering companies can meet your receptionist needs, whether you are a lawyer, healthcare clinic, plumber, realtor, dentist, and on and on … And having a facility that handles this oh so important duty, and specializes in it to boot, can be worth its weight in business growth gold.

Virtual Receptionist or answering service companies offer a wide range of services, from appointments setting, order fulfillment, transfer, new medical patient registration, messages processing, customer care and support, urgent answer processing, lead capture automation, 24 hour emergency service call processing – medical, HVAC, Plumbing, you name it. The list is truly endless, if you have a business, or organization of any kind that relies on patrons, donors, patients, customers, clients, you get the idea, then you should absolutely look into virtual receptionist services.

There are many advantages to using virtual receptionist services. One of which is you will likely lose fewer prospects because they can not reach you. With a live staff handling your calls, you're in much better shape to respond as necessary to new customer calls. A second benefit would be giving your business a competitive edge by achieving faster customer growth. A third would be the significant cost savings that you will enjoy over hiring in-house. Another benefit is that every call is time-stamped and recorded. Lastly, these providers very much enable you to streamline your workload. Ultimately, having that human quality makes all the difference – it truly affects and increases customer conversions.

Here is some further advice. When choosing a virtual receptionist service, you MUST talk to the company, in person or on the phone, and find out how long they have been in business, make sure they have a friendly, professional demeanor, and check how many clients they have. The sources you are vetting do not need to have a zillion served, but they should have a solid, happy customer base to tell you about. Ask for referrals from an existing client base if available. Ask if they have any new account promotions or guarantees. The health of a company can be measured on many metrics – ultimately, they need to be able to handle important tasks for you that you're better off not doing with hired staff. Bear in mind that if you choose to pay someone as am employee to perform this task, full-time, it will always cost you tons more, hence the wisdom of outsourcing this duty. Lastly, ask them directly why you should choose them over the competition!

If you're looking for a live virtual receptionist solution that reduces missed calls, opportunities, and customer service situations and headaches, then a virtual call center solution may well be right for you. Fancy software simply can never take the place of a live voice / receptionists talking to your prospects and managing your calls. This can work, but for limited applications, such as automating payroll. But when it comes to people calling, they need a receptionist on the other end to really feel good about things. Remember, the primary or main concern here is to streamline office services, keep expenses down, efficiency up, while growing your operation.

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Source by Evan Featherstone

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Virtual credit card processing devices have become the new trend in the electronic business. This is the reason why most people do business on the internet. Almost all credit card processing devices are compatible with any internet connection. Since the highest spending limit is pre-fixed, they are similar to gift vouchers that are issued by banks. Though the names of various cards differ, their mechanism remains the same. The virtual credit card processing is an effective measure to put an end to the credit card frauds.

If you want your company to get a good credit score, you must register yourself with the best virtual credit card enterprise to make your presence felt in the online market. This in turn will attract more customers to your store. Today, most of the people carry a plastic card than hot cash. It is time saving and helps customers to make deals and shop instantly because most of the consumers are impulsive shoppers.

There are many advantages of these cards and the major one being, its capacity to check the fraud related activities. The virtual credit card processing uses one number for a single transaction. Once the number is used, it is discarded and can not be reused. Since the maximum limit of the spending capacity is fixed and the number allotted for transaction is valid only once, this mechanism is very safe. The hackers are not interested in these virtual cards because these cards expire within a short period.

The charges made by the terminal providers are minimal and they have 24 hours service to their customers. These terminals can be configured to suit a specific kind of business. In case you need to enter the customer's card information manually, you can do it. In case of a refund or cancelling a transaction, the options are available.

There is no need to install special software or hardware, neither at the buyers 'side nor at the sellers' side. The processing fee is very low compared to other payment schemes on the internet. The purchase done by the buyer is anonymous. The merchant is not aware of the buyer's name. In this manner, the buyer is fully protected from fraud. Also, no fee is processed without the consent of the buyer. It is only after they confirm, the transactions take place.

The disadvantage of the virtual credit card processing is that the Merchant takes a risk because the goods are delivered to the customer even before the money is transferred to the company account. The other disadvantage is that there is generally a long wait between the sale and the payment being deposited in the merchant's account. At the consumer end, when you buy tickets for a movie or an airline, you are supposed to show the credit card. If you have used a virtual card number that may not match the credit card number you carry. Also the recurring expenses become a hassle because by the time of your next purchase period, your card number is likely to have expired.

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Source by Caroll Giles

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According to the release of KPMG, dated the 1st of September, analysts predicted that the desire and capacity for M & A transactions among the largest companies of the world would increase over the next 12 months.

Due diligence is often considered to be crucial to the success of a deal. In any case, it is at least a very important part of a transaction. Data room is a necessary tool for due diligence. The main function of this tool is to facilitate access and use of the data in M ​​& A transactions, and this sharing of corporate documents must be done in an extremely secure way, of course. Physical data rooms played this role before the Digital Age, and virtual data rooms (VDRs) come to the leadership nowadays. VDR is IT-based due diligence tool, which provides many advantages, to compare with the physical rooms.

Virtual data room exists online, not inside any physical walls in some physical place, therefore classic burglar can do nothing with it. Even if a burglar has stolen the IT device (notebook, smartphone or something other) of the person who is a user of virtual data room, the documents in VDR are still unreachable for that criminal, while the user applies 2-step verification: multi -factor authentications, which consists of not only the password entering, but also of randomly generated code sent to another device of the user. This method makes the theft or loss of the IT device not more dangerous in regard of the VDR secret content, than a veggie in regard to cattle.

Moreover, it is impossible to hack 256-Bit SSL Encryption, used by some providers of VDR, and watermarking is a great help for security, too.

The list of a VDR advantages, over the physical data room, depends on the position in a transaction: are you a Buyer or a Seller?

For a Buyer, the main advantages are:

• cost savings (travel, hotel and person-to-person meetings costs are reduced);
• time savings (due to the travel time savings, as well as the flexibility of the access time);
• transparency among the sides of a deal.

For a Seller, the main advantages are:

• cost savings;
• time savings;
• simplicity of use;
• competitive price (VDR gives the possibility to increase the number of potential buyers significantly);
• legal compliance is easier;
• security level is higher.

Sure, disadvantages are also present in the using of VDR. Lots of features yet to be implemented, and they are being implemented constantly, just while you are reading this, they are implemented according the tasks of customers. Nothing is perfect: neither VDRs, nor their providers, and users. However, strategically, globally, the main disadvantage of VDR is a relatively insufficient publicity of this tool and, accordingly, less significant role in business than VDR deserves.

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Source by Micael Granberg