business Archives - My Senior Portal

Pros and Cons of Outsourcing Tasks to Other Businesses

When businesses outsource their functions, they can focus more energy and resources on core business operations that contribute to sales and growth. They can also save on labor costs and reduce overhead expenses. However, outsourcing is not without its disadvantages. One of the most common criticisms is that it leads to job loss in the United States. Introduction Outsourcing is a common strategy for businesses that want to save money while delegating tasks that don’t require the company’s full-time attention. Small businesses need to understand the pros and cons of outsourcing before deciding whether it makes sense for them. A…

Workplace Dangers For Oil Field Workers

Oil field workers often work with dangerous, heavy equipment. Fires and explosions are a constant danger due to the explosive nature of vapors, chemicals, and other materials. Roustabouts and roughnecks may be required to climb onto elevated equipment, including derricks and masts. They need personal fall protection equipment and safety training to avoid serious injuries. Explosions The recent oil rig fire that burned for 16 days brings to mind the real risk of explosions that oil field workers face. The flammable crude oil and combustible gas extracted and transported on an oil rig make it an especially dangerous workplace. The…

How to Market Your Senior Living Community

Based on the U.S. 2020 Census, over 10,000 Baby Boomers retire each day. Until 2030, all boomers will turn at least 65, which means the market for senior living facilities will be booming. Now is a great time to boost your senior living business marketing efforts and offer boomers something unique for their lifestyle and needs. Read on to discover the most effective ways to market your senior living community business and attract your ideal customers. Know What Your Target Market Needs It’s one thing to know who your target market is and another to know exactly what their needs are.…

Top Techniques for Managing Excavations Successfully & Cost-Effectively

Construction Procedures In most construction projects, earthwork and excavation Take up a large portion of the time and budget depending on the project size. Earthwork and excavation Are a relatively broad topic and is composed of smaller subsets of excavation Including but not limited to trenching underground tunnelling excavation and wall shafts. Each excavation project has similar procedures, but it’s still unique in its own right. In most cases, the excavation process includes setting up benchmarks other construction sites, surveying the topography, stripping the topsoil on the site, and excavating to the proper depth that is shown on the drawings.…

Selling Your Business and Knowing Your Business Buyers

If you’ve reached the time in your life where it’s time sell your business and none of the kids are interested in taking it over, then read on. To successfully sell a mid-sized business, you need to know and understand the market. You need to know what your business buyers are looking for, where they come from, how much money they are willing to spend, and exactly what they are looking for. This allows you to market your business to them more successfully. You need to consider how investors look at business deals and how they approach them. Most of…

What Happens to Old EIN Numbers?

The IRS issues a unique EIN to businesses and other entities to identify them for tax purposes. Similar to a social security number, it is nine digits. Companies start up and close on a continuous, ongoing basis. Non-profits, pension plans and trusts also need them to be legally registered. Here is some information on what happens to Tax ID numbers that belong to organizations no longer in operation and how to get an EIN for a trust. Are EIN’s Recycled? Regardless of whether they were acquired or closed, the numbers are never re-used. In some cases, the EIN hasn’t been…

This is What You Should Do If You Want Big Brands to Work with Your Startup

It’s the ultimate dream for many startups to bag a big company, whether as a client, a partner, or even in an acquisition. There have been a few impressive examples of businesses that have been able to do this. One of those is robotics startup Sphero, which partnered with Disney to create the BB-8 droid. If you’ve seen Star Wars: The Force Awakens, you’ll remember this delightful creation of theirs. While not every startup will have the unique opportunity of getting into Disney’s accelerator programme, there are steps you can take to better position yourself as material for the big…

How to Find the Right Energy Service for Your Business?

It’s tough to run a company against younger competitors and even more so when the market continues to change. Sometimes the difficulty of running a business past your prime years can really get to you, However, it’s never too late to run a business and it sure is the same when switching your energy service provider. Here are a few things to consider if you want to keep your A game against one of the biggest hurdles in a business – energy bills. Keep yourself up to date News on price hikes isn’t difficult to find. Most of it you…

Empowering Women to Enter the World of Business

According to the United Nations Population Fund (UNFPA) 2008 report, 52,000 women in Nigeria die due to pregnancy or labor complications every year. For Senator Nenadi Esther, this figure was unacceptable, as it equates to 145 women each day. Every nation’s greatest asset is its people and they require investment. For Esther Nenadi Usman, a lot of challenges exist, but they can be overcome. Key Challenges in Nigeria According to Usman, there are a number of key challenges of importance in Nigeria. In her role of former finance minister and a proud member of the state of Southern Kaduna community,…

Great Business Ideas For Your 401K

Just because you are now retired, it does not mean that you are no longer relevant or that the world has now passed you by, on the contrary. In fact, my opinion is that retirement is not the end of anything really, but the beginning of a new chapter that is filled with nothing but opportunity. During these years we have more time in our lives and more money with which to do what we want. Personally, I always had dreams of starting a business but work always seemed to get in the way, now that it can’t any more,…

Posts Tagged‘business’