Mohit Tater's Blog, page 487

July 15, 2020

Corporate Flu Shots: Why They’re Important For Your Employees

Employers have a permanent duty to their employees to keep the workplace free from harmful substances, people and situations. This is because employees need to function at the workplace to earn a living for themselves and their families. Employees who are sick from illnesses such as influenza (the flu) cannot render service to the employer. For this simple reason, employers may do well to offer corporate flu shots on-site in the workplace for the safety and well-being of their employees.





Here are other reasons you may need to provide corporate flu shots in your organization or company every year.





Flu Viruses Mutate Over Time



Some people may wonder why it is necessary to take flu shots annually. The reason it is important to offer flu shots every year is that flu viruses don’t stay constant. As a matter of fact, flu viruses constantly mutate so that last year’s flu shots may be useless with the next viral mutation. The flu shots will simply not work at all. So medical research keeps changing as well so that researchers can design new flu vaccines which are believed to be effective against the new forms of flu viruses. This means employees who are up-to-date with their yearly flu shots will either not get sick with the flu from those viruses or their confinement due to the flu will not last very long.





flu shots



Sick Employees May Infect Those They Work With



Another reason you should make sure to offer corporate flu shots is that it only takes one or two sick employees to render an entire office of co-workers down with the flu as well. Sick employees might not know they have the flu virus until they have full-blown symptoms. And even then, they may have already infected their colleagues. This means company productivity will be compromised and your company cannot compete in the workplace against your business rivals. Business goals cannot be met and you, as the employer, will not know how to change the situation except to send all employees home until everyone has recovered from the flu.





Sick Employees May Infect Their Households



An employee clueless to the fact that they are infected with a flu virus are unaware that they are contagious and are putting their household in danger. This means an employee who goes home will not be the only one down with the flu before long – everyone in the family can get sick this way. The employee’s spouse cannot work and the children of the employee will have to miss school too if they develop flu symptoms. If everyone in the family is sick with flu, who will take care of them all? This becomes a major problem for the whole household. While this point has nothing to do with the workplace, directly, it still affects the livelihood of your employees.





Your Corporate Wellness Plan May Already Offer Coverage for Flu Vaccination



If an employer like you is able to provide a corporate wellness plan, you should check the extent of the coverage. Are flu shots for employees covered already? If they are, then that is fortunate because you will just need to inform all employees to take their flu shots on-site in the workplace. Be sure to note those who do not take their flu shots as well, if you make on-site vaccination mandatory. These employees who remain unvaccinated may have some valid reasons, such as being allergic to egg-based flu vaccines in general or had already experienced vaccine injury in an earlier vaccination attempt. You may check www.sadakafirm.com/flu-shot-injury-vaccine-injury-compensation/ for more advice on how to deal with a vaccine injury.





You may also have to organize different health care arrangements for those exempted from the vaccination. 





Take note as well that some corporate wellness plans might cover the families of employees as well. If this is so, encourage your employees to join the company-wide vaccination with their families so that it becomes a more comprehensive health care coverage. If their families are vaccinated, that means less worry for your employees when flu season kicks in.





You May Reward Compliant Employees If You Meet Business Goals



Corporate flu shots are indeed important so you can meet your business goals. Employees who are well enough to work are the reason your company meets those goals on a regular basis. If enough employees comply with vaccination requirements, meeting business goals becomes easier and more consistent. This means you will have the means and the money to be able to reward your employees at the end of the year. So, for the sake of encouraging employees to comply with vaccination efforts, you may offer financial rewards to those who do comply. You will just need to check with the company accountants to see how much you can afford to give, considering the heightened profitability of the business due to reduced absenteeism and fewer filings for sick leave over the previous months.


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Published on July 15, 2020 01:57

July 13, 2020

5 Ways That a Vehicle Accident Can Impact Your Lifestyle

When people talk about the term “lifestyle,” what they’re talking about is how you live. That probably involves the sort of things that you can afford to buy or the vacations that you can take. It might also include the work you do, or your hobbies and other interests.





If you’re in a car accident, then that can impact your lifestyle dramatically in several ways. We’re going to talk about some of those right now.





Car accident



You Might Not Be Able to Continue Working the Same Job



When there’s a car accident, one of the first things that has to happen is for those involved to determine whose fault it was. Assigning blame in car accidents matters because:





It’s only through assigning blame that you can tell if you’re supposed to pay for what happened or the other person isOnly once those involved assign blame can insurance companies act appropriatelyAn individual might lose license points or get their license suspended if their actions warrant it



Once you have determined blame, you can move on to the next step: figuring out whether you can continue working at the same job you had before.





If we’re talking about lifestyle, this is a huge factor. For many individuals, their job is a critical part of their identity. If the car accident injured you, you might not be able to do that work, either temporarily or permanently.





If you can’t work doing what you were doing before, you might be able to find another job in the same industry until you recover fully. Alternatively, you may look for a different position in an entirely new field.





You Might Not Be Able to Take That Vacation You Wanted



Maybe you were planning on:





Taking a trip to see relatives this summerGoing to a national parkTaking the family to an amusement park



Whatever your plans, you needed money for them. If you’re in a car accident, though, you might not be able to afford whatever it is you planned to do. That’s because you’ll need to either pay a settlement against you, pay to fix your car, or maybe you’ll need to put up the money for a new or used vehicle.





You might have to put off that vacation, either for a while or indefinitely. It is not the end of the world if you can’t go on vacation, but doubtless, you wanted to do it and were probably looking forward eagerly to it.





You may be upset that you can’t go anymore, especially with the pandemic going on. People are more stressed this year than usual, and they badly need that downtime.





The answer could be a staycation, where you take time off from work. Maybe you don’t go anywhere exotic like you planned, but hopefully, you can still spend some family time and come up with some fun activities that you can all enjoy.





You Might Not Be Able to Be as Physically Active as Before



Car accident injuries are common, and serious ones mean a lifestyle change. Perhaps you like jogging, mountain biking, skiing, or other outdoor activities. You may also like playing in amateur sports leagues with your friends.





After a bad car wreck, you might not be in any shape to do those things. Your injuries could be temporary or permanent.





In either case, you may be looking at a long recovery road. It might involve physical therapy or months in a cast. You may even need surgery to repair the damage.





Ideally, the prognosis won’t be too bleak, and eventually, you can go back to the activities that you enjoy. For now, though, your physical condition will represent a significant lifestyle change.





You May Not Be as Happy



It’s also true that your mental and psychological outlook can change after a car crash. You may be a very positive person typically, a glass-half-full individual. If you’re in a bad car wreck, especially one with serious injuries, it can change your mentality.





You might struggle with depression, and be unable to get back to your life with the same demeanor as you once had. If you sustained a permanent injury, or you hurt or killed someone in the wreck, that’s not an easy thing to get over.





You might seek therapy to try and get through it. A counselor can help you get back to more stable mental footing. It’s probably going to take some time.





You Might Have to Use Public Transportation



If you totaled your vehicle, then you also may not be able to afford a new one or even a used one. That might mean that you’ll have to take the bus or the train to work, depending on what’s in your area.





Like missing out on a vacation, taking public transportation isn’t a horrible fate. The only issue is that, if we’re talking about lifestyle, some people love their vehicles. They enjoy driving more than anything, and it will probably be quite an adjustment to have to share space with other commuters.





With all of these different lifestyle adjustments after a crash, you may not have the best outlook for a while, but most of what we’re describing can be temporary. You’ll probably heal from your injuries in time. Once you have, you can go back to your old job, if that’s what you want to do.





After some time, you’ll recoup the money that you lost fixing your car or getting a new one. You can take that vacation eventually. You won’t feel as nervous getting back behind the wheel, and your previous happy mind state will come back.





A car crash’s sudden violence can jar you out of your peaceful existence, regardless of whether the fault was yours or the other driver’s. Your life can change in a moment, and certainly not for the better. 





Eventually, though, after an adjustment period, there is no reason that you can’t resume your previous lifestyle.


The post 5 Ways That a Vehicle Accident Can Impact Your Lifestyle appeared first on Entrepreneurship Life.


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Published on July 13, 2020 03:15

How can you Record Skype Calls for Podcasts?

Have you tried recording Skype calls for your podcast? You can now directly from your Mac, iPhone, Windows, Android, or Linux devices. Nowadays, almost every podcaster has guests once or regularly. Popular big shows like Chapo Trap House and The Time Ferriss Show do this very successfully, but if they can’t bring guests to their studio, they record online conversations. Skype is one of the leading voice and video chat applications, globally. Microsoft acquired the company in 2011 at the cost of $ 8.5 billion. Skype is the right choice for podcasts. You can interact with anyone around the world and make high-quality audio or video calls. In this post, I will show you different ways to record Skype calls.









Ways to record Skype Calls for Podcast



Skype has introduced a recording function that makes it easy for you to record and edit conversations in your last episode. Here are different ways to record Skype calls for your podcast!





Recording Skype Calls through Software



Using call recording software is the easiest way to record calls using Skype. Just install the software on your computer, and you are good to go. You made Skype calls as usual, but now you see the save button. Click this button, and your Skype call will get recorded. After you finish the call, click the Stop button. Files get automatically saved on your computer, and you can both edit and publish them. Two of the most popular call recording software are Ecamm’s Call Recorder and Pamela for Skype. The former one is for Mac users, and the latter one is for Windows users. However, there are some limitations to using call recording software.





Recording Skype Calls through Recording Mixer



If you want to take higher quality recordings and adequately control the sound level, you must use a mixer to record your Skype conversations. This solution is called the “Mix Minus” setting. You then send all the audio from the mixer back to Skype. With “Mix-Minus,” you have more control over the quality of the recording. With a mixer, you can, for example, adjust the volume of your microphone or your guest audio via Skype. Another advantage of using “Mix Minus” with a mixer is that you don’t hear your voice getting delayed. And that alone can be an excellent reason to consider this approach instead of recording directly on a portable digital recorder without a mixer.





Recording Skype Calls through Portable Digital Recorder



If you are looking for a more reliable solution than call recording software, you should use a portable digital recorder such as Zoom H1 or Roland R-O5. The most significant advantage of using one of these devices is that you won’t lose what you recorded if your computer crashed during a Skype call. As soon as your desktop restarts, you can continue recording from where you left off. To set Skype recording, plug one end of the 3.5mm stereo cable into your portable digital recorder and the other end into your computer’s headphone jack. Also, connect headphones to the headphone jack on your portable digital recorder so you can hear calls. After you start your Skype call, press the save button on your device, and that’s all you need to do.





Recording Skype Calls through Double Ender



One disadvantage of recording Skype calls is that regardless of your settings, your voice always sounds better than your Skype caller’s voice. You record your voice directly from the microphone to your computer or recorder. However, your caller’s audio via Skype must be sent over the Internet and lose quality. One way to get over this difficulty is through a “Double Ender.” With this approach, you and your Skype caller record your audio from your computer, and then your Skype caller sends your audio file for post-production mixing.





Other Ways to record through Skype



We have put together various ways to record long-distance or co-hosted interviews for your podcast. Several services simplify recording at both ends of the call and offer much higher sound quality, such as Squadcast.









Advantages and Disadvantages of Skype Recordings



Ideally, every guest you interview is in your recording studio in person, but it is not always possible to schedule a personal interview. Often your guests might get stuck for a busy schedule, so you should make the interview process as comfortable as possible for them.





Advantages:



Your guests are more likely to approve the interview if you have the opportunity to make a long-distance arrangement. Skype calls can promote a calmer environment: podcasters usually find that long-distance meetings are not as familiar or authentic as conversations between people. However, with the current scenario throughout the world, the long-distance interview is trending all around.



If you are interviewing a guest through Skype, you can view your notes without making your guests nervous. Sometimes simple phone chats make your guests’ conversations easier and allow for more authentic conversations.



Your guest doesn’t have to be a technology enthusiast: to record calls in a podcast. They only need to answer the phone to minimize confusion. This way, you get much better sound quality and can simplify post-production editing.



Disadvantages:



Each time your interview relies on a stable internet connection, there is a risk that a weak signal will end the call or face a problem that is annoying and interrupting.



While there are many free options, your recordings won’t get lost if you use high-quality software. This may require a paid subscription or an initial investment.



The sound quality of your Skype calls on factors such as radio signals and service providers.



Conclusion



Recording high-quality phone calls are part of the best podcast. Knowing these skills gives you the flexibility to organize long-distance interviews, talk to guests you can’t connect with physically, and ultimately expand your performance. Now you have an excellent idea of how to record Skype calls for your podcast, and hence, it is time to share them with your listeners. With Podcast.co, you can easily upload and manage all your episodes in one place. Just drag and drop your podcast, add some information, and it will automatically be published online!


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Published on July 13, 2020 01:07

July 10, 2020

Best Laptops for Podcasting

Podcasts are a great way to connect with your audience and to create a mark on the digital platform.





With the demand for podcasts increasing steadily, the content curators have been devising ways to make each podcast experience useful, interactive, and engaging.  





However, with so much competition, it becomes essential to have the right gear to ensure a high-quality production value.





The success of podcasts is mainly based on content and delivery, but don’t underestimate the importance of creating a high-quality audio stream. People may stick around and listen to your podcasts for a while if your recording is weak, but as time goes, they will go elsewhere for their podcast fix. 





By having the right laptop, microphone, and audio editing software, you will be able to deliver your content in the best way possible.





Is a laptop required for podcasting?



Many of you must be wondering if a laptop is even needed for podcasting. Agreed, for a podcast, you can get started with a mic, a good pair of earphones, and a mixer.





If you want to become a professional or deliver high-quality output, you might want to add some additional effects, improve the flexibility of editing, and add transitions.





A desktop would work, no doubt, but nothing makes your work more portable than a laptop.





If you’re planning a long-term podcast strategy, purchasing a good laptop would be worth the deal. 





Minimum and Recommended System requirements



To run the specific tools for editing your podcasts or making necessary changes, your laptops need to follow some basic criteria that will determine if it is good enough as per your need. Let us look at the minimum and recommended system requirements.





Minimum System RequirementsRecommended System RequirementsStorage128GB SSD or 500GB HDD512GB SSD or higherCPUIntel Core i3Intel Core i7RAM8GB16GBDisplayHD DisplayFull HD IPSBatteryAt least 5 HoursUp to 12 hours



Which are the best laptops for podcasting?



Whether you’re a fresher or an experienced podcaster, the selection of a right laptop can change your digital podcasting journey.





Let’s look at some of the highest rated laptops for podcasting:





1. Apple’s MacBook Pro







Overview



Processor Name2.3GHz Intel Core i7 (9th Gen)Screen Size and Display16-inch Retina IPS (3072 x 1920)Storage1TB SSDOperating SystemMac OS X 10.0 CheetahGraphics coprocessor4GB AMD Radeon Pro 5000MRAM16 GBBattery LifeUp to 11 hours




Check Today’s Price on Amazon




Description



The new Apple MacBook Pro comes in a brilliantly built 16-inch screen display model. It is known to be currently the most robust system created by Apple in terms of speed, storage, RAM, and simply everything else. 





This laptop is powered by the six-core Intel i7 processor based on the latest 9th gen technology. All your power-packed applications, you would need to edit your podcasts.





You will love the excellent design of the laptop. Similar to other MacBooks, it has a brilliant finish and is super lightweight. It can be carried easily anywhere you like and makes it a lot easier to use. 





This laptop has this fantastic keyboard that is exceptionally comfortable to use. Moreover, the touch bar replacing the function keys is perfect for you to control software for your podcast. For added security of your work, use the touch ID on the power button for faster authentication. 





Make use of the larger touchpad allowing for forced click and multi-touch gestures that you can use to swipe between multiple apps quickly.










Check Today’s Price on Amazon




2. Dell XPS 15







Overview



Processor Name9th Generation Intel Core i9-9980HKScreen Size and Display15.6″ 4K UHD (3840 x 2160) InfinityEdge anti-reflective touch IPS 100% a do be RGB 500-nits DisplayStorage1TB PCIe SSDOperating SystemWindows 10 ProGraphics coprocessorNVIDIA GeForce GTX 1650 4GB GDDR5RAM16GBBattery LifeUp to 5 hours




Check Today’s Price on Amazon




Description



The most potent laptop ever-built by one of the most renowned companies in the world is the Dell XPS 15. 





It runs on the latest 9th gen i9 processor perfect for you to attain the maximum performance from a system. You can even power it by using the turbo boost technology to achieve a frequency of max 4.5 GHz.





Speaking of the display, it has the best 15.6-inch Infinity Edge touchscreen display for all your needs. It has an anti-reflective property with superior 500-nit brightness giving the perfect entertainment unit as well as the high video quality for any activity on the screen. 





This laptop supports 16GB RAM giving an incredible speed so that you can access your content faster than ever. Furthermore, the 1TB SSD storage makes the bootup speed at its best, allowing us to do anything within seconds.





The new XPS 15 webcam isn’t just smaller—it’s also better. A new 4-element lens uses more elements than a typical webcam to deliver sharp video in all areas of the frame. In addition, temporal noise reduction uses advanced noise reduction, significantly improving video quality, especially in dim lighting conditions. Finally, the lens is assembled with precise machinery to ensure all points of the image are in focus.





Featuring advanced Wi-Fi 6 technology and theoretical throughput speeds of up to 2.4 Gbps, the Killer AX1650 is nearly three times as fast as the previous generation of 80MHz 2×2 AC products. The Killer 1650 automatically detects, classifies, and prioritizes streaming video, communication, and game traffic in your system for fast, smooth online experiences.





It’s one of the best for creators and gamers.










Check Today’s Price on Amazon




3. Acer Aspire 5







Overview 



Processor NameAMD Ryzen 3 3200U Dual Core Processor (Up to 3.5GHz)Screen Size and Display15.6 inches Full HD (1920 x 1080) Widescreen LED backlit IPS DisplayStorage128GB PCIe NVMe SSDOperating SystemWindows 10 SGraphics coprocessorAMD Radeon Vega 3RAM8 GB Battery Life7.5 Hours




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Description



This is one of the best Acer laptops in the market, with AMD Ryzen 3 3200U Dual-Core Processor tackling complicated multitasking efficiently. 





Portable and powerful, it is ideal for everyday productive computing. It has sharp and crisp visuals that can add life to your podcast videos. 





It also provides a blue-light shield for its users who work long hours and hence reduces strain on the eyes. Furthermore, it has a backlit keyboard that supports all late-nighters.





With extensive and robust connectivity, you can plug in multiple devices and drive to your laptop and access weak wifi signals. 





Providing advanced in-built security features with HD webcam along with two speakers and two Acer Purified Voice Technology microphones, this laptop marks to perfection for all podcasters. 





It also boots up quickly, to allow you to get started with your recordings faster than ever!










Check Today’s Price on Amazon




4. Microsoft Surface Pro 7







Overview



Processor NameIntel Core i5-1035GScreen Size and Display12.3-inch LCD (2736 x 1824)Storage256GB SSDOperating SystemWindows 10 HomeGraphics coprocessorIntel Iris Plus GraphicsRAM8 GB Battery Life11 hours




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Description



The company has much to offer in this latest Surface Pro model, considering the extended battery life up to 11 hours along with a powerful i5 processor and a uniquely portable studio. 





It’s more adaptable than any device with users switching between the tablet and the laptop. 





It has a good sound system with in-built enhanced studio mics coming in two classy shades- matte black and platinum. You can be heard loud and clear! 





You can buy the pen or the stylus separately and make the best use of the screen for all your work. This tablet does not have a keyboard, but you can buy one and convert it into a laptop super easily. 





Use it in whichever way you are comfortable using the stand built behind the tablet. It is merely perfect for your studio where you can type, touch, draw, write, work, and play more naturally.





The laptop has an 8GB RAM to support all the high-end software you will be using to edit the recorded podcasts. Also, a decent 256GB SSD storage capacity in this small machine is enough to store all your files and folders. 





This will also help you to keep working on it for long with no sign of slowing down whatsoever. It has both front and rear cameras so you can easily record videos.










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5. ASUS VivoBook F510UA







Overview



Processor NameCore i5 8250U Screen Size and Display15.6-inches FHD (1920 x 1080)Storage128GB SSD + 1TB HDDOperating SystemWindows 10Graphics coprocessorIntel UHD Graphics 620RAM8GB DDR4 Battery lifeUpto 5 hours




Check Today’s Price on Amazon




Description



The ASUS VivoBook is a perfect combination of performance and function. It has always been consistent in delivering high-quality edge to price ratio. Thin and light, it is ideal for work on the move due to its compactness and portability.





Powered with ultra-narrow 0.3” ASUS NanoEdge bezel, it gives 80% screen to body ratio and is excellent for sharing content with colleagues. 





Offering an 8th generation i5 processor, it works exceptionally well, providing ultra-smooth visuals with no hiccups. 





Available in 3 colors, namely- Grey, Coral Crush, and Slate Grey, the finish is almost remarkable.





An 8GB RAM allows quick performance coupled with 128GB SSD and 1TB Hard Drive, making it super easy to store large data files with fast access speeds. 





The keyboard is highly comfortable and has backlit for work at night. Moreover, the touchpad has a fingerprint sensor to give you better security and keep away unwanted people from accessing it without the user’s biometric data.





Furthermore, it has an ultra-fast dual-band 802.11ac Wi-Fi, which speeds up to 867Mbps. It has somewhat decent battery power, not the most powerful but can go on for about 5-6 hours with one go. One of its essential advantages is the number of incredible ports and connectivity options such as USB 3.1, USB 3.0, USB 2.0, HDMI, SD card ports, etc.










Check Today’s Price on Amazon




How should I decide which laptop is ideal for me?



Considering the full range of laptops available in the market, anyone can get tangled in the web of selection. 





It would be best if you kept certain factors in mind when you purchase a laptop since it should prove to be the best suited for you. 





Display



A 14 inch to 15-inch screen size should be good enough for you. A reasonable screen size allows for easier readability and multitasking capability. 





RAM



You will require reliable RAM support for your podcasting activities. A minimum of 8GB is essential. If you can lay your hands on a laptop with 16GB within this range, you should go. The least you can do is to buy one with 8GB RAM with the provision to expand later.





Processor



The laptop must come with the latest processor to handle the needs of podcasting. If it is an Intel processor, the Core i7 or Core i5 processors should offer excellent performance. Check with the seller that the chipsets are of the latest generation and not older.





Graphics



Graphics on a laptop for podcasting may not be critical since it is an audio-only activity. You would still need the display to be of superior quality.





Battery



Select a laptop with battery life, suiting your work pattern. Generally, you would want a long-lasting battery along with faster charging. 





Audio Delivery



Audio is most undoubtedly critical for laptops, which are to be used for podcasting. Check if there are sufficient speakers, and you can listen to all sounds. You have the option to add external speakers later if the necessity arises. An excellent microphone will also be required. 





Connectivity Options



Maximum connectivity is always better. Make sure the laptop has at least two ports and good wifi and bluetooth technology.





Security



 A security provision in the form of a fingerprint sensor would be an added advantage. 





Conclusion



Creating a Podcast isn’t a simple and easy task to carry out. It requires perfect knowledge of the equipment you are using, and you need to have an idea of the content you are giving to your audience. A good laptop will help you edit all your work and store it for you in the most secure manner. You can even save your work to the cloud, where it will always be present. Do not compromise on the specs if you have good money.


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Published on July 10, 2020 14:38

4 Things to Know About the Straddle Option

If you’re new to finance, it’s important to consider the variety of trading strategies you have at your disposal. Several strategies like the straddle option can help you succeed regardless of whether the market rises or falls. Read on to learn more about the straddle option and when to use it.





stock market



How the Straddle Option Works



The straddle option involves concurrently buying a call option and a put option on the same underlying stock with an identical expiration date and strike price. Whereas a call option is a contract between a buyer and seller to exchange a security at a set price, a put option is a contract that gives the owner the right to sell a set amount of a specific asset at a certain price within a certain timeframe. With the straddle option, you have the potential to reach an unlimited amount of profit so long as the stock moves sharply enough.





When the Straddle Option Is Profitable



No matter which way the stock moves, you’re guaranteed a profit. However, it’s important to be mindful of the stock price’s movement. Make sure both the call and put option expire at the same time while having the same strike price. The more the underlying stock moves from the chosen strike price, the greater the total value is of both the call and put options. Do your best to avoid a stagnant stock price and watch for when shares rise or fall sharply. This allows you to make a profit regardless of whether the market is on the rise or if the economy is receding.





When the Straddle Option Works Best



If you want to pay less for the position, opt for using the straddle option when the market is quiet. This can save you a lot of money since straddles before a presumed volatile event are often expensive. When you use the straddle option during a quiet market, the stock doesn’t have to move as much to get you a profit. If you find yourself in a volatile market, a long straddle is your best option as it might give you unlimited earnings when the security price moves dramatically.





What the Straddle Option Can Help Determine



The straddle option can help indicate two things regarding the market. The first is the expected volatility of the trading security. You can measure the stock’s expected volatility using the amount in which the stock is expected to rise or fall. The second is the share’s expected trading range by the expiration date. The range is indicated by the option prices. If you want to calculate the range, add or subtract the straddle’s price to or from the stock’s price.





Now that you understand the straddle option, you’re better equipped to put this strategy to use. Make sure to consider all scenarios to gain the most profit in the long run.


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Published on July 10, 2020 10:41

Avoid Event Planning Burnout with these Stress-Busting Tips

Event planning is one of the most stressful vocations out there. However, it comes with such a high sense of job satisfaction it’s no wonder more people than ever are turning to this interesting, high-stakes role. 





Tight deadlines, stressed clients, long hours – being an event planner is a multi-taskers dream however it doesn’t come without its difficulties. Even the most experienced planners can fall victim to mental exhaustion and a total burn-out. When you’re prioritising someone else’s wants and needs and you need the event to go without a hitch, it’s easy to start neglecting yourself in the process. 





Work stress



So, what can be done? Here we’ll go through how you can avoid event planning burnout with these stress-busting tips. 





Share the burden with technology



Did you know that event planners no longer have to complete their tasks with paper and tired old filing systems? Everything can be organised via events planning software – click the link for an event planning app. You can keep on top of guest numbers, invitations, use promotional tools, handle ticket sales and connect everything via social media with just a few clicks. Streamlining your event planning process will certainly reduce your stress levels.  





Dedicate time to yourself



Dedicating time to your own personal wellbeing – even as little as 20 minutes a day – could be enough to reduce the risk of experiencing a mental burn-out. When your days involve handling huge amounts of data, negotiating prices and terms with vendors and trying to meet (and exceed) the expectations from your clients, it’s difficult to not feel the pressure. Prioritising your mental health is essential in this highly demanding role.





Cut back on the caffeine 



When you’re in for a long day of event planning, the first thing we reach for is a coffee or a strong cup of tea. If that day quickly becomes relentless then you’re going to continue to consume more and more caffeine as the day goes on. While we use caffeine to keep ourselves awake, if caffeine is over-consumed regularly, you’re more likely to experience a burn-out. Alternate your caffeine fix with herbal teas instead. 





Get plenty of sleep



They say there aren’t enough hours in the day and if you’re an event planner you’ll resonate with this phrase. Staying up late to go through contracts, speaking to vendors and organising the most intricate details of your event sounds normal. However, depriving yourself of sleep isn’t. Sleep deprivation means you’re more prone to irritability, you’ll make more mistakes and you could suffer from health problems later down the line. 





Bonus tip: If you need more hours in the day, go to bed at a good time each night and opt to get up earlier instead. You’ll have done most of your workload before 9am!





And finally, manage expectations



Your client might be expecting the world and you may be eager to provide them with the best event possible, however, this shouldn’t be achieved at the expense of your health. Manage expectations as best you can throughout the event planning process. If you and your client are on the same page, everyone is going to be much happier with the final outcome. 


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Published on July 10, 2020 09:54

Should I partner with Influencers?

Dedicated followers of social media news will have recently been made aware that a certain Kylie Jenner attaches a price tag of $1.2m to just one Instagram post. Yep. Over a million bucks to have KJ hold up your product and smile for a photo. How can she charge such extortionate rates, you may ask, and who is paying these prices? The answers are ‘very easily’ and ‘everyone if they can afford it’ in that order.





You see, through her appearances as a reality TV star, and thanks to her subsequent success in the cosmetics industry, she has built up a Top 5 Instagram following. As in, there are only four people in the world with more followers (or should I say three people, as the top spot goes to the Instagram platform itself, followed by Cristiano Ronaldo, Ariana Grande, and The Rock). 





Business meeting



This means that when Kylie posts something, almost 190million people see it in their feed that day, that hour, that minute. Time these things just right and the possibilities are … well, that 190 million people might click on your product (incidentally, you can time your social media posts to great effect, too – find out more). Perhaps it’s worth looking into partnering with a social media influencer after all…





Endorsed by a trusted voice



Social media has birthed a new generation of following style. Prior to the advent of apps and daily posts, people followed the tabloid media to get their fix of goings on. This meant a daily scrap to produce train-wreck-heavy content that screamed for attention. 





These days, people choose to follow content creators who make the most relevant content to their lives. The days of drunk and disorderly celebs drawing our attention are over. Now we have a choice. Enjoy watching people unbox shoes? There are content creators for that. Prefer cooking? Go nuts. There are channels and accounts for just about every walk of life.





If you know that your target audience is tuning in to content creators that resonate with your product, you could be missing out by not engaging with the influencer.  





Take the pressure off yourself 



Engaging with social media influencers is a shortcut to generating leads and sales. Think about it. Someone else has already done all of the hard work in gaining a following with which you share industry relevance. For example, if you sell sports gear, there are social media influencers who produce content on sports as a whole and on individual teams and players. Timing your paid partnership to coincide with major sporting events can mean your product gets seen by a huge audience. Make sense? Well worth thinking about. 


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Published on July 10, 2020 09:09

Is a Cashless Society Possible?

The received wisdom of the 20th century was that a cashless society was many years away, if not virtually impossible however the effects of the Covid crisis have rapidly advanced the chances of entire societies moving to a cashless model.





Proponents have in the past pointed to the many benefits of a cashless society; the speed, simplicity and helping with the fight against corruption all taking centre stage. Who could have predicted then that the biggest push in the last 100 years towards a cashless model would be a pandemic?





Nevertheless, using a way of paying for goods without having to handle dirty and potentially infectious currency is a strong driver for a move towards contactless payment methods and customers have fully accepted the need for cashless payment models.





credit card



Looking at the younger demographic we see that the older ways of using a physical card or cash to pay are rapidly being overtaken by device led payment methods.





We see younger people almost universally taking to payment using a phone app or phone banking and every smartphone on the market now has Near Field Communication (NFC) built-in.





With younger people adopting cashless methods so readily it is clear that there will be more and more developers looking to find other ways pay without using cash with rings, watches and even chips embedded under the skin all being posited.





What do we need for a cashless society?



There are a variety of things needed to move towards a cashless society, some structural and some political.





Naturally, the first thing needed is a well developed and accepted banking system. A cashless society is not a reality unless the population all has a bank account of some description and access to banking with contactless cards is a must.





Technology has to be in place in all areas of a country to make cashless payment a functioning reality. Sellers need to have access to payment systems, like the ones supplied by UTP Group. UTP Group provides a range of payment solutions, such as card machines, card reader and virtual terminals.





The advances in these payment systems mean that they are no longer the province of established, bricks and mortar retailers but can be used by window cleaners, builders or landscape gardeners to take payment from their customers on-site.





The internet needs to be available across the whole country and it must be reliable. It is no use expecting farmers to conclude a deal on livestock or tractors without using cash if they can’t carry out payment across most of their land.





But possibly the most important is to have the political will and popular support in place for the project. We have seen that in the most advanced countries the politicians and the people are accepting the move to cashless and are happy for this to go ahead. Without this support, a cashless society is a practical impossibility.





Where will the first cashless society be?



Everything we know about the advancement of a cashless way of living comes from pre-Covid days and it will be interesting to see how things have changed once we are able to get some fresh economic data but there are some general themes that we can point to.





Scandinavia is by far the leader in terms of moving away from cash. It has the infrastructure, popular support and government action in place to make this happen.





Often touted as the leader in this respect is Sweden, where only 15% of pre-Covid transactions were completed with cash. The country has made great strides in recent years and like most Scandinavian countries it has the political and public support to make it happen.





The country with the most aggressive timeline for moving to an entirely cashless model according to Global Data is Finland.





Probably the biggest driver is the high level of Finnish smartphone penetration which means that the population have access to the internet and cashless methods of payment wherever they go. Expected to be fully cashless by the end of 2022, it will be interesting to see where Finland is now following Covid.





Will we really see a cashless society?



It is distinctly possible that Finland will hit its target to be the world’s first cashless society in 2022 however several countries are hard on its heels including Sweden, China, The UK and South Korea.





The question now is not whether we will have a cashless society but when.


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Published on July 10, 2020 07:54

What Is Affiliate Management And How Does It Work?

Affiliate management pertains to building and growing marketing channels. Its general aim is to drive traffic to your business. The concept of affiliate management should not be confused with affiliate marketing as these mean different things. The differences between these and how affiliate management works are seen below. 





affiliate



Definitions And Terms 



Before we go into how affiliate management works, let’s make sure that we’re on the same page regarding the definitions of terms and concepts you’ve probably seen online:





Affiliate Marketing: The marketing of services and products using online channels. These work with offers of revenue sharing. Affiliate Management: The building of channels where people engage in affiliate marketing.Affiliates: Merchant products and services are promoted by affiliates. Affiliate Managers: Managers are the go-between for the client and the affiliate. Managers produce client reports, introduce promotions, attend conferences, and establish long-lasting relationships. 



How Affiliate Management Works 



Now that we know what differentiates affiliate management from other terms related to affiliate marketing, let’s take a look at how affiliate management works. Engaging the services of a company such as iAffiliate Management also offers insightful consulting services regarding affiliate management and the steps that must be taken for it to succeed. Consider the following processes so you will have some knowledge about it, as well as engage in an interesting consultation session and collaboration.





Finding Partners



The success of affiliate management is rooted in the forming of relationships. The first step is to find potential affiliate partners and convince them that you can play the role of promoting their brand successfully on your channels. Potential affiliate partners are found on Google, as well as social networking sites such as Facebook and LinkedIn. The success of this step also hinges upon finding potential clients on online platforms that are not saturated by your competitors. 





Strengthening Affiliate Relationships



Gaining revenue doesn’t only rely on the satisfaction of partners that will use your channel. How you establish relationships in the beginning of your partnership will also determine the success and enjoyment of your channel and its processes. Partners enjoy the welcoming and initial contact given before diving into the thick of things. Relationships can be formed by warm welcoming emails and scheduled phone calls, which produce a necessary discussion that boosts partners’ confidence in the process. 





Affiliate Monitoring And Growth



Affiliate management is not a one-time event that is checked off a to-do list. Affiliate management is a gradual, constant process that needs to grow to become successful. Once you have established rapport and confidence with your partners, there’s a need for constant monitoring and the improvement of processes your clients experience with your channels.





What keeps partners engaged are initiatives such as commission increases, as well as paid placements where partners get additional brand exposure in exchange. When monitoring and improving services for your client, it is important to remain inquisitive about your client. Knowing your client’s brand, ultimate goal, and personality will make growth strategies aligned with the client rather than randomized. One client may enjoy paid placement ads for exposure, while another would prefer promotions. The only way to know which strategy suits your client is to be insightful and attentive. 





Networking 



When all is said and done, networking is one of the most important stages of affiliate management. This is how you get the traffic boosts and, ultimately, sales boost that’s required at the end of the day. Networking can be done in the form of recruitment lists and placement options. What is important to remember is that each client and customer that you will work with is different. Each requires different outcomes and journeys of how to achieve the best results. The style of networking also goes back to the type of client you’re working with. Getting to know your client is key to the success of quality networking. 





Use Of Affiliate Management Software



Software can make your duties more efficient by helping in the recruitment, assignment, and tracking of affiliates involved in the success of affiliate management. Using software eliminates the time that you spend on advertising and marketing, which frees up the time you need to concentrate on your clients. Becoming familiar with these also helps you get comfortable with the processes of affiliate management. 





Conclusion



You can have great networking and growth strategies, but lack communication skills. This is what can capsize your affiliate management boat. Strong relationships that can achieve compromises and versatile strategies let you attain affiliate management goals.





It’s important to remember that affiliate marketing and affiliate management are not to be interchanged. Marketing is the usage of online channels, while the affiliate management aspect discussed here pertains to the building of these marketing channels. Finding the right affiliates for the process is also key to affiliate management success. You can also do this by beginning the process of affiliate management with the mindset of seeking to form profitable relationships instead of seeking to boost sales. 


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Published on July 10, 2020 07:45

Key Tips On Financing Your New Business Venture

The road to being a successful entrepreneur is filled with a lot of challenges, and getting the funds needed for your startup is one of the challenges. It became a lot more difficult due to the number of people trying to achieve financial independence by becoming an entrepreneur. 





There are different options available that you can check to finance your business. For example, some entrepreneurs get loans to finance their business. You can check nav.com if you’re looking for a small business loan that will fit your business needs. Furthermore, here are some useful tips you can do when you’re looking for ways to finance for your new business venture:





new business



Have a Detailed Business Plan 



A business plan is a comprehensive explanation of your plans and ideas to make it into reality. As a new business owner, it is crucial to have a clear business plan to guarantee the success of your business venture. Otherwise, you risk getting trapped in financial shortcomings due to the inability to attract investments from potential investors and lenders. You should include in your business plan what you can provide to the market, your brand’s identity and most importantly, how you intend to run your business.





Moreover, your business plan should elaborate the organizational structure in your business and the roles each stakeholder will play. It should also pinpoint the possible gaps being left by your competition that you intend to fill and a thorough analysis of your prospective clients and target market. 





Ensure You Have a Good Credit Score  



Most banks are willing to finance your business if you have a good credit score. You also get lower interest rates and improved terms for repaying the loans that you plan to acquire. Therefore, it’s evident that a good credit score is important when you’re looking for ways to finance your business venture. 





You can improve your credit score by paying your bills on time. Other factors that can contribute to a good credit score is having low balances on your credit cards, other credit accounts, and the amount of request you have for a new credit card. Even if you already have a low credit score, you should check for errors before seeking financial aid from banks as it can affect your good credit standing. 





Ask Experienced Investors for Advice 



When starting a new business venture, it’s wise to seek advice from experienced investors. These investors can provide you with invaluable information on which lenders offer low-interest loans as well as explaining how they’ve looked for funds to start their successful businesses. If your business ideas are very appealing, they might even invest in your business for an equity stake. As a result, you don’t only get financing but also have a team of experts on board, which is a great thing considering their experience. 





Look for Any Cost-Efficient Opportunity  



When starting a new business venture, the flow of money is usually tight, so it’s best to keep your expenses at a minimum. For example, you can save on rental costs by sharing an office rather than get a bigger office on your own. Here are some excellent ideas on how you can lower your business expenses: 





Risk assessment of possible risks and planning how to minimize it to avoid any loss. You should have a plan ready in case you experience any setbacks. Make sure business operations adhere to the law. Hire professionals and train your staff well to make sure that laws are observed in your business.  Smart hiring is employing staff that are capable and experienced doing the tasks needed to be done in your business. This can reduce your cost of salaries as you won’t need to hire more people to fill in the other needs of your business. 



Select an Appropriate Financing Option  



The success of your new business venture can be determined by how you choose to finance it. The best way of knowing how much is needed for your business venture is by determining what kind of financial support you need by checking reports such as the revenue projection of your business, cash flow statement, and your balance sheet. This will ensure that your business operations will go smoothly. However, there are other several factors you need to consider like the location and size of your business, future growth projections and the industry you’re in to guarantee that you will be able to manage your expenses.





Prove That Your Business Can Generate Continuous Cash Flow



Maintaining steady cash flow is essential as it allows you to pay your employees, creditors, and other business expenses. This will ensure you won’t file for bankruptcy for your business. When presenting yourself to prospective investors, ensure you have the essential financial documents such as bank statements, tax returns, and also financial statements of your business. After analyzing these documents, your financier will gauge the liquidity of your business and predict its possible performance in the future. 





Conclusion 



The lack of proper financing measures has led to the failure of many entrepreneurs who starts a new business. Therefore, if you are looking to avoid following a similar path, it’s best to consider the tips mentioned above and to guarantee the success of your business.  


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Published on July 10, 2020 07:36