Mohit Tater's Blog, page 509

Four Cost-Effective Employee Perks Young Professionals Adore

Young professionals are the kind of employees that need to be positively motivated in order to produce their best work. If you treat them with respect then you will find that they will succeed at the majority of tasks that you give them.

But you don’t need to break the bank in order to make your workers happy. Instead, its time for you to think of employee perks that show that you value them and the skills they provide to your workforce. Here are the top 4 cost-effective employee perks that can show your employees just how much you care!

Additional Holidays

The top employee assistance programme companies, like LifeWorks, know that the best way to motivate your employees is by giving them time to rest. Whilst you do not have to give away extra holidays for every successful project, you can use them as an incentive to have young professionals put all of their effort into a difficult project. If the project is successful then you can give them as many days as they need to help them unwind.

It’s important that they maintain a good work life balance. After all, if you work people too hard without reward you will find that they do not respond well to new tasks. Show that you trust them! You may even want to consider letting them operate a more flexible working schedule to ensure that they are in the perfect work environment at all times. 

Lectures & Conferences

If your young professionals are extremely passionate about their work, why not encourage their interest by rewarding them with a trip to a work conference or lecture? These events are perfect for giving them time away from the office, whilst also providing them with the most recent information about their subject speciality.

Such gifts can be extremely rewarding. After all, your employee is learning the latest information in their trade – and this can be used to help your business and keep your staff motivated.

Product Discounts

No matter what sort of business you run, your employees will appreciate any discounts that you make for them. That means that any new products arriving in the market can be purchased by them for a lower price. 

This can be the perfect incentive to keep your employees happy, especially if you are able to offer further discounts during seasonal periods. If you think one of your workers is doing extremely well, you can either give them additional discounts or provide them with products for free. It’s entirely up to you!

Free Food and Drinks

Of course, you want to keep your costs down, but you also need to think about what will also make your workers happy. It’s the small things that count. So, if you have a kitchen, or a cafeteria, why not pay for their daily food costs? 

They will appreciate free breakfasts, or snacks and drinks that will keep them going during the working day. If you have a meeting then you can even leave snacks out for the workers involved. (Maybe even mix things up a bit and order in fast food if you want to have a celebration!) The choices are endless.

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The Top 4 Must Have Accessories That You’ll Wear With Everything in 2020

Having the essential must-have accessories is the best way to make sure your outfits are always polished to perfection.

If you’re looking for the best accessories of the year, you’ve come to the right place. Keep reading for a peek at the must have accessories of the year. 

1. Simple Studs 

While playing with statement earrings can be fun, a classic pair of studs is a must in any girl’s wardrobe. A pair of classic studs can be thrown on at the last minute with nearly any outfit.

Stud earrings are a great way to make sure your outfit is complete from head to toe while also keeping things classic and causal. 

Diamonds and pearls are great stone choices for your staple pair of stud earrings. These options pair well with virtually anything and are so versatile.

You can wear these studs with casual jeans and a tee-shirt for an everyday look, but they also transfer well into evening wear when you’re trying to be a bit fancier. 

2. A Luxury Handbag 

A luxury handbag can take any outfit to the next level. Having one or two amazing luxury handbags is better than having a handful of cheap purses. A luxury handbag is sure to last longer, and it will give your look the polish and elevation it may need. 

A simple nude, black or white handbag is a great purchase for a girl who wants a bag that will be stylish through all the seasons, and with any outfit style.

Designers such as Fendi create timeless bags that can take your outfits to new heights. Head to this site to shop and find the perfect Fendi bag to incorporate into your wardrobe today.

3. Classic Sunglasses  

Complete your outfit with a cool pair of shades that can make a serious statement. When looking for the perfect sunglasses to make your go-to pair, think classic, and also think about your own facial structure.

Do a little research to figure out what your face shape is, and what kind of lens shape would best complement your face. 

After finding the perfect sunglass type for your facial features, you’ll want to find a pair that make a statement while also staying classic so that you can be sure to get the most use out of them.

Color options such as a simple black or more detailed tortoiseshell are options that go well with everything. 

4. Quality Belts 

A quality belt is another easy way to elevate your outfit.

It’s a good idea to have one black and one brown belt that are of great quality so that you can bring your outfit to the next level whenever needed. 

Must Have Accessories You Should Get Today

Less is more with these must have accessories. In our fashion climate that is taking a turn towards sustainable fashion, having a few accessory staples in your wardrobe will keep you ready for anything without overbuying.

Be ready to polish every outfit to perfection with these amazing accessories. 

For more articles that will inspire your creativity, head to our blog! 

The post The Top 4 Must Have Accessories That You’ll Wear With Everything in 2020 appeared first on Entrepreneurship Life.

How to Deliver Large, Fragile or Awkward Products to Customers

It’s easy to figure out how to get everyday items to customers, take the average package; if you are sending a document or a small rectangular box, then you can easily find out the exact cost from a courier’s website or the post office. But what if you have an irregular product to send? It may be fragile; it could be very large, an awkward shape, or even dangerous or toxic? Here we offer a guide on how to deliver these items and get the best possible deal for your business.

Be Sure You Know Exactly What Your Items Are

This will sound like a strange concept telling you, as a business owner, to know what your products are. But it is one that makes sense once you give it a little thought as many delivery services, especially the postal service, can have restrictions on certain items. These restrictions can be for several things, such as chemicals, dangerous items like blades or weapons, and many other too numerous to list. 

Packaging

When transporting irregular items, it’s essential to ensure you use adequate packaging. This can include strength of material used, the last thing you need is your items spilling out or pulling out. Even more critical is ensuring that dangerous or hazardous materials are secure, take, as an example, transporting blood; any breach would be messy, not to mention incredibly wasteful. 

Be Sure to Use Experienced Couriers

Whatever it is that you are transporting, it is vital to consider how established and experienced your chosen courier is in handling your product. Get in touch to ask questions including how they handle the packages, and if they have any specialist equipment needed, I worked for a carpet firm once upon a time and essential to that operation was the courier to have a boom truck to move the rolls without damaging them. Inexperienced delivery firms in this situation would be disastrous. In addition to specialisms, a suitable courier such as ReliableCouriers will get you a reliable tracking system for you and your customer. 

Using Your Own Vehicles

For many specialist businesses using their own vehicles is the only way to go when transporting niche items. If your loads are an unusual size, weight, or shape, then you can set up your vehicle for this. Couriers often charge a premium as abnormal loads take up a disproportionate amount of size in their vehicles. You can also make your van heated or refrigerated if you are moving food products.

Have Adequate Insurance in Place

Any motorist will know full well that when you take out auto insurance, you have to answer a list of questions as long as your arm and one of these is what purpose for which you will be using the vehicle? It’s essential to be sure to answer this as honestly and accurately as you can as the urge to be a little economical with the truth to save a few dollars is often a strong one. It is, however, important to resist this urge as if you do and need to claim later your whole policy could be invalidated.

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Laid Off? Here Are Some Ways To Take Advantage Of Your Time

In these uncertain economic times, there is a lot of anxiety going around. People lose their jobs and then wonder how to make ends meet.

These are extraordinary times, but it needn’t be such a desperate time, either. There are so many ways to make money and save money that this unexpected time off can be put to good use.

You may even find yourself making more money than you were when you had a job! There has never been a better time to work for yourself than right now.

In this article, I will go over several ways you can use the internet to make and save money. 

1 – Save money

The first thing to do when you are laid off is to look for ways to save money. With the help of apps and some websites, there are a number of ways to get discounts on everyday items. There are even ways to get points or even cash in rewards when you buy essentials. 

For instance, there are a lot of reward shopping apps that will either give you points worth discounts towards many stores where you already do your shopping. Some will even give you literal cash back that you can use to save, pay bills or do more shopping.

2 – Sell your stuff

One man’s trash is another man’s treasure. This is an ideal time to do some downsizing. Go through all of your closets, attic and garage and you are sure to find stuff you no longer need that can be sold.

You can do it all in one bang by having a yard sale, or use any number of apps to post your stuff for sale or barter. 

3 – Start a business

Starting an online business is easier than it has even been. Costs to start are usually low and operating one can be done yourself in the comfort of your own home. As long as you have an internet connection and an idea, you can start a business.

Some people are using Amazon and becoming sellers when they have an idea for a product. You can source the product directly from a factory, put in an order and send it to Amazon where they will ship it for you when it sells.

If you are crafty and like making useful and artistic items, then you can sell them on Etsy. Once you have a good following and built a brand, you can make your own website and sell it with Shopify.

4 – Become a coach

If you have been working for years in a particular industry then you have an expertise that others would like to learn from. It doesn’t really matter what you used to do, there are ways to make money off of your experience.

Find forums, Facebook groups or a Reddit community and post often. You will eventually be seen as an expert in that field and can find clients that will want to pay you to teach them about it.

The post Laid Off? Here Are Some Ways To Take Advantage Of Your Time appeared first on Entrepreneurship Life.

Understand How Long Is the Business Loan Application Process

If you have been
wondering how long is the business loan application process, it can be a long
and drawn out procedure. The longer you take to find a lender, the less likely
you are to get the loan you need. Besides, getting the money, you need when you
need it can be not very easy. So, while some lenders can help speed up the
process, many of them will try to get you to sign something before they can do
anything for you.

One way to start
a business is by obtaining a business loan. You can use this loan to purchase
all of the materials and equipment that you need to start your business. This
includes things like office furniture, supplies, computer software, and more.
You can also get the loan for a startup costs. If you are going to be using a
franchise, they can get you a business loan for as little as $500.

But, you should
not apply for the loan until you have a plan for what you are going to do with
the money you get.For instance, applicants need to
gather all the required certifications and documentation, then meet up with
lenders to hand over the said documentation. Once this process is done, files
are going to be taken over by specific departments, the duty of who is to
verify the veracity of the statements in the papers, and this can take a lot of
time. And still, applicants may be required to file and complete some other
documents, then wait for these documents to be verified too, then finally ready
for the closure. 

It is a long process that, to be done correctly and
perfectly has to requires time. Of course, the more accurate an applicant is
with his statements and certifications, the less the approval may take in terms
of time.

CHOOSING THE RIGHT LENDER IS ESSENTIAL

Despite what has just been said, and always considering
how typically long the process of approval and lending of a loan is universal,
there is not a determined unlimited length of time, as it changes depending on
the lender itself. 

There are three best options for an applicant to choose in
a matter of what lender to go to for applying to a loan: 



Traditional banks, which generally take up to three months before delivering the approval of the loan and, then, the loan itself; Small Business Administration (SBA), which has similar times: you could have to wait for two months, but it could also take up to three months in this case; Alternative and Online business lenders, which probably are the fastest ones, take three to at least five business days for the application to be reviewed, approved, and for the loan to be lent. It’s obvious, although the timing could sound perfect, we are always talking about higher interest rate loans, so it’s best to take the alternative and online business into consideration when there is the need for a loan to arrive quickly.



REASONS FOR SMALL LOAN APPROVAL PERIOD

Of course, the length of time a lender requires to
approve the loan should not take more than three months. Depending on the
reason for the loan application, waiting more than said time could cause some
business owners to inevitably face problems such as missing opportunities,
delaying payments, be unable to expand their company at the right, proficient
time. 

In applying for a loan, it is always vital to take care
of every little aspect and reason for it, so that the applicant can make the right
decision regarding which lender to turn to. 

OTHER INFLUENCING FACTORS

Although it’s mostly the lender that makes the
difference, that is not the only factor influencing the length of time in which
a business loan will be approved and handed over. 

For instance, the type of business loan a suitor is applying for also is essential to determine how long it will take for it to be delivered. Usually, if an applicant is asking for a business loan for his small business company, he may need instant funds. 

Therefore, his best option will probably be the one
approaching an alternative lender to see what alternative fast loans offer he
may have. 

MORE INFLUENCING FACTORS

The information that the suitor provides is also a vital
aspect in the length of time the process requires to be completed: for the
process to be faster, the applicant must speed up his work of delivery of the
required certifications: the quicker the documentation arrives, the sooner the
process can be completed. 

Having all of the information checked out before handing
them over is also a good thing to do to speed the process up: if an applicant
makes sure the statements in his files are as accurate as possible, then the
checking procedures can take away much less time than they usually do. 

Obviously, checking them himself does not count as
complete checking: specific departments will have to run validation and
cross-checked tests anyways so that they can be sure everything is okay. 

But, handing over an incomplete document, or a
non-checked, therefore misspelled or wrongly made certification will lead to a
delay in the entire process. 

So always check your paper!

INFLUENCING FACTORS CONTINUES!

Let’s also consider that the amount of time the process
takes can very much be influenced by the actual, real efficiency of the lender
himself: the way the channels work and connect, the number of files they have
to work on, the number of applications that are waiting to be taken in the examination
are essential aspects to take into account. 

Lastly, the weight of the loan is essential to determine
how much it is going to take for a lender to approve it: the lighter the loan
requested will be, the shorter the time for its approval will be as well. 

It can be concluded that though it might take a certain
time for a business loan application to be processed, the duration can be
drastically reduced by taking some personal steps and methods. And it is quite
essential to consider all the above factors and take it into consideration to
make the Loan granting duration shorter.

The post Understand How Long Is the Business Loan Application Process appeared first on Entrepreneurship Life.

What Is the Interest Rate for Business Loans? – What Should You Look For

A lot of people
get taken in by loans that come with very high-interest rates. The internet is
a great place to look for business loans. Just be sure that you find a lender
that will give you the loan that you need.

What Is the
Interest Rate for Business Loans? The majority of companies that are looking
for new loans offer the rates for business loans at the same time. This is
because the standard rates for business loans tend to be lower than those of
personal loans. You can check with your local lender for the interest rate on
business loans before you sign the contract and start working…

It is a
well-accepted fact that starting and keeping in pace a business activity
demands a particular loan request. 

As previously said, for lenders to provide a loan to a business owner, they need to check every single factor that could influence the percentage of the interest rate on that loan. Therefore, for a business to have access to a loan, lenders like 365credit.com are also going to consider the owner’s or borrower’s qualifications as a debtor. This is to determine the exact type of loan he/she is requesting and whether they are compliant for the payment of the ultimate amount or not.

The interest
rate is subjected to variations depending on the type of lender a business
owner chooses.

There are two
main alternatives:

1. Conventional
lenders (banks and credit unions)

2. Online
lenders.

What it means
and pre- requisites that matter

The annual
percentage rates of these two types of lenders are very much different:
traditional lenders usually have the lowest level of percentage rate and offer
some good alternatives regarding the length of time in which the debtor needs
to return the loan.

Some traditional
lenders also don’t include annual percentage rates (APR) but only effective
yearly interest rate. The main difference between these two types of rates is
that an effective annual interest rate does not include closing, organizations,
and any other additional fee that the yearly interest rate includes instead,
which leads to the increment of the cost of the loan. Therefore, in this case,
a borrower should choose a loan that does not include APR. 

When it comes to
online lenders, on the other hand, things are entirely different. Online
lenders use to have very high-interest rates. Still, for a good reason: they
are very much more comfortable to access to, and they don’t require very high
standards coming from a business company, which places them in the
“preferred lane” when it comes to businesses that have low annual
income or new start-ups and other entities requiring money. Therefore, although
the price of the loan is – in percentage – very high, sometimes, online lenders
stand as the best option for a lot of business owners. The percentage of the
interest rate may also vary depending on the offers a lender includes on loan.

Traditional
lenders usually offer conventional loans, but there are some alternatives: a
loan could include accounts receivable financing, invoice factoring, cash
advances etc.

Personal and business credit score 

When it comes to
debtor’s ability to pay off the loan, lenders usually take into account both
personal and business credit score: that means, for a lender to hand a loan
over to a business owner, he will make sure he has the financial resources
necessary for him to repay all of his debt obligations, whether they are
personal or business-related. In short, it is mortgaging your properties, in
exchange of the final amount, in case the borrower is incompetent in paying
it.  The higher a credit score is, the
lower the percentage of the interest rate for a loan will be.

The Economical Perspective

Talking in
economic terms, a businessman must know the financial stand of his company,
both present and near future. Lenders need to be very precise and acknowledged
about the fact as to how their lent money is subjected for usage by the
businessman and whether this amount will lead to the financial development of
the company or not. In other words, they want to know how you intend to use the
loan you are applying for and what good will it do to your company and
activity.

For this
particular reason, it is best always to be prepared in a matter of
documentation, so that you can prove exactly what type of strategy you are
going for, for the future of your business.

Lastly, being an
old acquaintance of the lender could also affect the rate: already owning a deposit
account with a bank or having applied for a loan already in the past can result
in lower interest rates for banks and alternative lenders indistinctly.
Undoubtedly, an important fact to be noted is your favorable history of paying
previous loans.

Therefore, what is the interest rate for business loans?

We can now say
there is no universal percentage of an interest rate for business loans, as
there are too many variables that define it. But we can surely come up with an
average one:

● Traditional
banks loans can come up with a minimum of 2.55% interest rate to a maximum of
5.14%;

● Small Business
Administration average is of 6.24 % concerning traditional loans offers, and
can go from a minimum of 4.39% to a maximum of 7.01% with regard to the online ones;

● Online loan
lenders offer can have a percentage of a minimum of 13.00% to a maximum of
71.00% in some cases, though, depending on the alternatives it may include, the
average percentage can reach the 99.70%, if not also a full 100.00% maximum.

What Is the Interest Rate for Business Loans? Most banks will not offer a loan for business if the interest rate is going to be over ten percent. Be careful when it comes to choosing a financial institution to help you get a loan. Get as many quotes as possible so that you can compare the rates and see which one offers the best rates for your personal and business needs.

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Can I Get a Mortgage to Include Renovation

When you’re purchasing
a house, it’s possible at times that the house might need a lot of work to make
it habitable. Although some people look for a house that’s ready to move in,
some people like to personalise the place for themselves. Renovations or remodelling
can often be expensive. Most of the time, it isn’t possible for the buyers to
pay for the renovation costs out of their pockets. 

However, it isn’t
impossible to get the money required for renovating your house. If you have a
proper estimate and a guarantee that your home will have a better market value
post-renovation, there are many ways that you can get a renovation cost
included in your mortgage. 

Availing a Home Loan

Most buyers prefer to go for a home
loan to purchase a new house. Unless you intend to sell your own house to buy
the new one, you likely won’t be able to afford one without a loan. While going
for a home loan, the lender will only be able to finance up to 90% of your
property value. The property itself will be held as a mortgage by the lender.
If you ask the lender to add renovation costs to your mortgage, it might not be
possible. This is because the costs, coupled with the purchase cost, will go
beyond the property’s market value. The lender will likely refuse to add the
cost of the renovation to your mortgage.

Habitable property 

If your property is deemed as liveable, you might still be able to add the cost of renovation to the mortgage. In this case, the lender will withhold a part of the loan and only release them when the repairs have been completed. The property will be inspected for its market value, and the funds will then be issued. This will only apply to properties with non-structural repairs and changes. Major renovations will not come under this method. 

Non-habitable property

In case your property
is non-habitable, there will be very few lenders who will agree to fund your
property. However, you might be able to find specialized lenders who can assess
your property thoroughly and provide funding in instalments to carry out the
renovations. Every instalment will be released only after thorough inspections
by professionals or architects. 

FHA 203(k) loan

The Federal Housing
Association(FHA) provides specialised 203(k) loans under the US Government.
These loans offer you the amount for both purchase and renovation of your house
under a single mortgage. The repayment can happen as per any other housing
loan. The process for applying for a FHA 203(k) loan is time-consuming and
subject to heavy scrutiny and analysis of the property and feasibility of
expenses. There are 2 types of FHA 203(k) loans.

Standard 203(k)

A standard 203(k) FHA
loan is provided for heavy home renovations, remodeling, extensions etc. The
property need not be habitable for this loan. A standard 203(k) provides a
whopping 110% of the property value after renovation as the loan amount. The
property is held as a mortgage with the lender’s repayment. The loan approval
is subject to the bids by contractors, professional survey and assessment, and
an assessment of your credit history. This loan covers structural changes to
the house, such as the addition of rooms, complete rehabilitation of the house,
etc. 

Limited 203(k)

A limited 203(k) FHA
loan is provided for small-term repairs on the property to be purchased. The
property should be habitable to be approved for this loan. A loan amount of up
to $35000 can be provided for Limited 203(k) loans. 50% of the amount is provided
immediately upon approval, and the remaining amount is provided only after the
end of the repairs upon proper assessment. This loan will only cover small
repairs and changes. This loan will not cover structural changes. 

A 203(k) loan is the
ideal solution if you wish to include your renovation costs into the mortgage.
However, bear in mind that you will need to do a proper assessment of your
property and get an accurate cost on the renovation model. You should also be
prepared with an estimate of the property value post-renovation.

Home equity loan for
renovation

Home equity means the
value of money that is in excess of what you owe on the mortgage. This means
that the value of the house is greater than what you have left to pay on the
mortgage. This difference is called Home equity. The lender can provide you
with this difference in the form of a Home equity loan. This loan can be
utilised for any purpose. You can finance your Home renovation on the same
mortgage through this form of equity. The Interest rate charged on this Home
equity is considerably lower as well. The property will be held mortgage until
you pay off the entire loan amount. 

Refinancing 

Refinancing is an
excellent way to fund your home renovations if you want to do repairs on a house
you already own. It is very simple to apply for a refinancing mortgage for your
property. In this case, you don’t need to be residing in the property itself if
you choose to go for major structural changes. You can also opt for an FHA
203(k) refinancing as they will be able to provide up to 97% of the renovation
costs for your home. 

Other ways to fund
renovation costs

There are different ways that you can use to get funding for your home renovations and you visit LaonAdvisor if you want to compare renovation loans online. If your lender is unable to add your renovation costs to your mortgage, you can opt for other forms of credit. You can apply for Personal loans, credit card, or line of credit to avail of the renovation costs for your investment. However, make sure that you will be able to pay for both the credits simultaneously.

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Ways to Make Sustainability Part of Your Business

It’s becoming more apparent every day that climate change is a result of adverse environmental and social effects. People both in the private and public sectors are taking responsibility and attempting to go green. Sustainability has different definitions depending on the person. To some people, recycling is enough to help the environment. For other people, sustainability means an overhaul of their daily practices individually and the company culture in general. There is also the misconception that going green is expensive. The truth is it doesn’t have to be. There are simple changes that you can make that will save the environment and you the employer, some money. Here are three ways you can start to make sustainability part of your business.

1. Go paperless

If you have not yet digitized all your office documents, it’s about time that you do it. Research has shown that 938 gallons of water are saved for every worker that goes paperless. Take time to analyze your office documents, especially the ones that you print or fax daily. Come up with a digital system in the office that such documents can be edited, updated, and shared among people in the office. Later on, you can proceed to digitize invoices, among other documents. Another way to minimize the use of paper is to practice two side printing, and only when it is necessary to do you print.

2. Renewable energy

Using green energy will save you a lot of money on utility costs. Additionally, some states have tax incentives for companies that decide to use renewable energy. However, not every company can make the transition from using fossil fuels to solar or wind energy. For such companies, instead of dumping the waste oil, you can contact companies such as Beesley fuels to help you dispose of the waste responsibly. Proper waste disposal and management is also a big part of going green. Another way to conserve energy is to change your light bulbs. LED lighting will not save your company much, but it’s a great start. LED lighting uses less energy and does not contain toxic gases like incandescent lighting. Additionally, LED light lasts five times longer than fluorescent and incandescent lighting. The switch is, therefore, worth it.    

3. Work with other green vendors

Who is your supplier? Do they have systems in place that reduce their carbon footprint on the environment? If you are doing business with a printing company, be sure to ask if they are using recycled paper. If you are working with other manufacturing companies, find out about their sustainability efforts. Working with other green vendors shows that you are conscious about the environment and that you are promoting every effort made by others towards sustainability.

Previously, incentives for going green were only for large corporates. Today, however, small businesses are also taking the necessary measures to create sustainable practices within their companies. Sustainable development is not a burden that only businesses should bear. Everyone must take part in creating a healthy and safe future.

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Five Common Workplace Accidents and How to Avoid Them

Workplace accidents and injuries usually lead to loss of valuable time and money to the employer and employee. It is essential to take proper precautions and prevent them. Sometimes avoiding accidents at the workplace is quite impossible. They occur quite fast, and within no time, you are dealing with pilling medical bills and draining finances as you aren’t in a position to work. Your life and well-being seem to be slipping out of your control. That is where Lamber Goodnow comes in. They understand your frustrations and will help you during this tough time. Listed below are five common workplace accidents and how to avoid them.

Slip, Trip and Fall Accidents

Slip accidents usually occur on wet or oily surfaces and floors. You can trip from exposed cabling, and half-closed cabinet and desk drawers and uneven floors. These accidents can lead to head and back injuries, broken arms, or legs, among others. 

However, you can prevent these accidents. Wet floors should have a “wet floor” sign when being cleaned, and wipe oily surfaces. Appropriate footwear should be required – use on no-stick soles on shoes. Conceal all exposed cabling, and the workplace should be well lit. Remind the employees to ensure desk drawers are well closed to avoid tripping. You should replace loose carpeting and mats and uneven floors repaired.

Fire, Explosion and Electrocution Accidents

Improperly stored flammable materials and faulty gas lines are the leading causes of fire and explosion accidents. Injuries resulting from such accidents include damage to the respiratory system caused by fumes inhalation, burns of varying degrees, which may lead to disfigurement. These accidents have the highest casualty rate of all work-related accidents.

Employees should wear protective gear and get training on how to handle easily combustible and dangerous materials. Adequate warning signs should be placed on the materials and the containers. Ensure there is an active alarm system and a proper evacuation plan put in place. Also, conduct regular fire drills.

Muscle Strain Injuries

Muscle strain injuries are caused by lifting heavy objects, which lead to backaches, neck, and shoulder pains. Employees should have proper training on raising techniques to avoid such accidents. Repetitive strain injuries such as typing and working on a computer on hours end can be avoided by allowing employees short breaks to rest stretch out. You should also strive to make the workplace more ergonomic. It will ensure that you avoid all these types of injuries.

Machinery Accidents

Machines that are not well-maintained and managed can often lead to horrible accidents. Injuries resulting from such accidents include crushed arms, eye injuries, and much worse. Cuts and lacerations can occur from all types of office equipment with sharp edges. Employers should ensure proper safety measures are in place. Machines should be regularly maintained, and machine guards installed. You should install warning signs and speed limits in the driveway forklifts and small automobiles to avoid collisions.

Transport and Vehicle-Related Accidents

With the use of any vehicles, there is the risk of accidents. You can get involved in accidents such as vehicle collisions, being hit by a moving car, or falling from a moving one. For you to prevent such accidents, employers should ensure vehicles are well maintained and the employees well trained. Drivers should be well-rested and follow company rules and regulations.

The key to preventing most workplace accidents is to ensure employees are well trained and encouraged to report any areas in need of repair that may lead to accidents. Stay safe.

The post Five Common Workplace Accidents and How to Avoid Them appeared first on Entrepreneurship Life.

How to Make Your Train Commute Cheaper

Many people commute to and from work by getting the train each day and this can be an excellent way to travel, but anyone that commutes knows just how expensive it can be which is frustrating when you are spending money to go to and from work. Fortunately, there are a few ways which you can make your commute much more affordable which could have a big impact on your financial situation.

Season Tickets

One of the best ways to make big savings on your commute is to purchase a yearly season ticket which will give you a year’s worth of travel at a much more affordable rate. You can easily book these online too for any journey, such as travelling from London Bridge to Redhill. This is expensive to purchase upfront but there are credit agreements which could allow you to make monthly payments for a yearly season ticket.

Cheaper Routes

It is also worth researching the alternative routes that you can take because you might find that there is a different train or journey which would be much cheaper. This might involve a few changes and get you in at a different time so you will plan ahead but it could be a way of saving a fair amount. 

Split Ticketing

If there are changes involved in your journey then split ticketing should be looked into as this could be much more affordable. As opposed to one ticket for the whole journey, this involves buying two or more tickets for each leg which can sometimes work out cheaper – there are also websites that can help you to figure out the cheapest deal. 

Enquire About Flexible and/or Remote Working

In today’s day and age, more and more employers are offering flexible and/or remote working for staff which can benefit both parties and can help you to save on your commuting costs. Flexible working could allow you to get a train during off-peak hours which will be much cheaper (and quieter!) while remote working means that you won’t have to get the train at all on days working from home so big savings can be made.

These are all highly effective ways to reduce your commuting costs and you might be surprised at just how much you could save. It might involve some research and could change your journey slightly but this will all be worthwhile if you can reduce your commuting costs and have more money to enjoy each month.

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