Important Things You Should Look For Before Starting a Business

Now we can see a lot of business opportunities that are all around us, whether it is pure business online or offline businesses that have gone online. However, many business opportunities do not necessarily make us can easily select and run a business that we want.
There are some things we need to pay attention and consider before choosing and running a business. Here’s his review.

Preparation of Capital
Before we run a business, of course we need capital to get started. This capital can come from many sources, for example from their own savings, loan capital, or from investors. Knowing large capital needs will be better because we have estimated the initial outlay and costs operasioanl effort, so you do not keteteran in managing business finances.

Preparing for Labor
Selecting the right workforce at each position is very important because one of the labor put in certain positions will result in problems. As a business owner, you also have to prepare a budget that is adequate for a decent salary for each employment position.

Procurement of Raw Materials
For most businesses, the raw material for products made is something very crucial. The raw material for the main product or additional raw materials must be provided with properly and on time, have good quality, continuity, and the cost of procurement of raw materials that are affordable.

Techniques in Doing Business
As a business owner, we must understand the technical things for each job. Not to be detailed, but at least we know what to do and what you want to achieve for each of the job. If you do not understand or are limited to certain technical matters, it is advisable to hire the services of people who have such expertise.

Optimal Business Marketing
No matter how good your product, if not supported by a good marketing system, then your sales results will not be satisfactory. Therefore, your business must have an effective marketing strategy in marketing the products you sell. We can consider many options, but be sure to only choose an effective marketing strategy, both offline and online.

Advantages of a Business
Each business will have a clear goal, which is to gain profit. Indeed, some businesses do not give priority to profits, but if your business is not profitable would be risk to the business is built. Maybe someone misjudged a business, and if you realize that the business you run were not profitable, perhaps you could consider other types of businesses.

Risk A Business
We must realize that each type of business has its own risks, and risks of this business will definitely be very influential for the survival of a business. Usually puna high risk businesses that offer potential for higher returns, and vice versa. Therefore an employer must also consider the risks when running a business with the capability is there. In addition, we also have to have at any time in case these risks occur.

Noting Business Competition
What business did not have … Read More

The Wonders of the Internet Made Idea Bill Payment Effortless

Who amongst us is not fascinated with the wonders of internet? Most of us are – the fact that we spend hours browsing, chatting, uploading pictures on social media is proof enough of the same. The combination of a smartphone and aninternet connection facilitates the fastest possible method of making online payments of bills.

In order to use your mobile handset for Idea bill payment, you would first need to download and install the Idea App or a third party resellers’ App – chose from one of the reputed resellers like Paytm, Mobiquick or Phonepay. Once downloaded, you would need to register yourself with the reseller for being able to use its services.

Registered users will have their own individual login ids and passwords. In order to make Idea bill payment, you would need to open the downloaded App on your handset. You have two options – you can enter you login details first time and check on save password so that the App gives you access every time without having to separately login. The other way is to enter the password each time you need to use the App – this is safer as not everyone would be able to open the App in your absence.

Click on the bill payment icon. In most cases, you would be required to enter your mobile number or the number against which the Idea bill payment needs to be done the first time. Second time onwards, the number will be automatically refreshed in the required field. The next step involves mentioning the correct value or the amount of the bill that is required to be paid. The following step involves choosing the payment mode. Most of the people prefer using the App instead of the website because of the ease of making payments via the virtual wallet of Idea or any of the reseller.

The virtual wallet needs to be credited with money so that it can be used by the registered user at any point in time for making payments like Idea bill payment. In order to be available to use the wallet, click on the Add Money button. Once the wallet has enough money, it can be used for not only making payments against bills, it can be used for shopping as well as transferring money to another person or account. In most cases, money from the wallet can be used in the offline mode only – by scanning the QR code of the seller or even by typing in the mobile number of another person.

You can also use your credit or debit card or even netbanking to make Idea bill payments. With enough balance in your card or bank account, the money is deducted and the transaction is successfully competed. Once done, you are sent a confirmation email and SMS on your registered email id and mobile number respectively. In the event, your account or card or wallet is short of money, the transaction is declined and … Read More

Car Insurance and Its Introduction

A car is an expensive means of transport for many people. This makes it a valuable asset which you wouldn’t like to lose owing to an unfortunate accident or theft.

The solution to this problem is getting a comprehensive car insurance. By getting your vehicle insured you protect your car and bear the financial loss in case your car gets stolen, destroyed in an accident or breaks down. In addition to theft and accidents, car insurance also protects your vehicle against natural and man-made calamities like fire, explosion, riots, terrorist attacks, and natural disasters.

In India, it is mandatory, by law to get your vehicle insured.

Technical terms related to car insurance policy

  • Premium: It is the fixed amount that you need to pay to the insurance agency to keep the policy in effect.
  • Car Insurance Policy: The premium amount of the policy will depend upon the Insured Declared Value (IDV). This affects how high or low that amount will be. Many insurance firms have contacts with the manufacturers and provide you with the optimum value.
  • Natural Calamities: This section includes protection against the following phenomenon: landslide, self-ignition, lightning, explosion, earthquake, flood, typhoon/hurricane, inundation, and hailstorm.
  • Man-made Calamities: Under this, you will be covered against threats like burglary, theft, damage during transit, an accident caused due to external agents, terrorist activities, riots, and strikes.

Features of a Car Insurance

A car insurance firm provides the following features to the policyholder:

  • There are two kinds of policies, comprehensive and third party.

In third-party policy, which is mandatory, the company covers the injury/death of an individual (third party) or damage to their property caused by your vehicle. It includes a compulsory personal accident cover for the vehicle owner/driver as well. This doesn’t cover any damage to your vehicle.

The comprehensive policy covers the loss or damage to your vehicle. This covers damage caused by any third party or by the owner themselves. This is not a mandatory policy, but one should avail it, to not leave things to chance.

  • Risks covered are an important factor to take care of when buying insurance. One should check the things against which the policy provides cover before signing the deal. This includes both man-made and natural disasters.
  • The insured value of the car is quoted by the manufacturer, and it reduces as the vehicle gets older. According to Motor Vehicle Act, 1988 any damage to third party property is covered up to INR7.5 Lakhs for car (4 wheelers) and ₹1 Lakh for 2 wheelers. There is no limit for injury/death of the third party.
  • The premium that you need to pay for your car depends on several factors. Some of the primary factors are the vehicle type (model, age, fuel used), city, the profession of the owner, the age of the owner and the modifications made to the vehicle.
  • Premium Saving options such as no-claim bonus (NCB) allow you to avail a discount on the premium amount if you haven’t filed a claim during
Read More

Buying Digital Equipment That Can Transcribe

There are many reasons why you might need to make a transcription. You might have a very important meeting. You do not want to spend a long time taking notes while you are in the meeting. Therefore, a digital piece of equipment that is capable of making accurate transcriptions is what you should be looking for. It is amazing technology that is so much more accurate at transcribing than when it first burst onto the scene. Her is how you can go about finding the right digital transcription equipment for your particular needs.


  1. Try to find people who are already using similar types of equipment to transcribe their conversations at work.

You would be wise to seek out people who know much more about digital equipment that is used for transcribing. These people should be able to tell you which brands are considered to be the best. Which model are they currently using? How long have they been using it? Does it transcribe things accurately? How much did it cost? Finding out what these people think can be a great help to you.

  1. Try to find blogs that focus on transcription equipment.

There are many blogs. You should be able to locate blogs that specifically talk about the latest advances in the field of digital transcribing. Ideally, you should be looking for a blog with customer reviews. Read as many of these reviews as you possibly can. Which brands are the ones that are getting the most praise? What are the positives and negative things about the transcription equipment? These free online reviews will help to steer you towards the best transcription equipment on the market.

  1. Do not pay more than you need to.

There are plenty of stores that sell digital equipment that is able to transcribe. You should not assume that all of the prices on this equipment will be the same. Go to various dealers and find out exactly what each of their items is going to cost. This will enable you to see what all of your options are so you can pay less for your own transcription equipment.… Read More

Smart Cities Technology and Residents Benefits

Some cities have benefits for the residents living within them or the suburbs and traveling into the city since it is a data collection using sensors to provide information. This information is used to help run the city power systems, water supply, and transportation systems along with other agencies like the police. The cities having this technology will run more efficiently and conserve energy.

The Benefits for People in Tech Cities

There are some major benefits for people living or working in cities using this kind of technology since it not only focuses on running the city smoother but has clear benefits for drivers such as smart parking meters that have the ability to accept digital payment. This means no more digging for the right change to put in the meter or having to return to add more coins. It also includes public transportation which is better able to meet the demand of the residents depending on public transportation scheduled routes. Another thing common in these tech cities for transportation is ride sharing, which can reduce traffic congestion and vehicle-related pollution.

The other areas where smart cities can be a benefit for people living in the city or working in them is due to the technology used and information it is an IT infrastructure-based city that makes it possible for more people to work from home rather than travel to an office. However, this technology is also used in structures and even hospitals. One of the largest advantages of the technology sensors being used for buildings is it can alert when there are structural problems requiring repair. The technology used for the city the sensors can provide alerts when there are pipe system problems such as a water main leak, which can ensure prompt repair before the damage is severe. This also reduces the cost of such repairs that if not repaired as quickly it could then cost a much higher expense. Another benefit in many of the cities is free high-speed internet service.

The Downside of Technology Cities

The benefits of living and working in cities is clear, however, the one downside to this technology is some people have concerns about invasion of privacy since the technology in tech cities collects data. This includes having cameras and sensors that some people believe could result in government surveillance. However, the data collected is not identifiable data specific to a person’s identity. Many people believe though, the benefits of living in a city where public transportation, traffic and other areas of the city run smoother than in cities that do not use this technology and have little concern about being identified under surveillance. This is also technology that can advance and make city living better for residents and those who work in the city but live in the suburbs including the possibility of working from home rather than traveling daily to an office environment. Currently, there are many cities that do not use this technology, but more cities are beginning to … Read More

5 Interesting facts about Nike

Nike is a name that everyone is familiar with in the world of Sports Apparel. Their trademark catchphrase of ‘Just do it’ is used widely by people all around the world as it has caught on more than anyone expected. They are manufacturers in the business of Sportswear and equipment of amazing quality. You can purchase their products from, where you will find a systematic collection of their products alongside many other top brands. Nike and their Nike Plus accounts help users to manage everything in their lives related to sports. Be it finding a store or using the applications published by Nike to work out, train, or just run, Nike helps with all of it.

Founded on January 25, 1964, as Blue Ribbon Sports, in 1971, Nike became the official name, after the Greek Goddess of victory. Since that moment they have worked on and succeeded in expanding their brand all over the world until the Swoosh Logo of Nike has become synonymous with the brand and sports.

There many things to talk about where Nike is concerned which everyone may not know. The following are some of the more interesting facts about Nike that should be common knowledge.

  1. Love for Controversy


A famous business-man once said, “Controversy Creates Cash”. This is something that Nike obviously seemed to believe in as they did not ever steer clear of any sort of controversy. In fact, they often preferred to use controversy to have their name put out there and heard. They sponsored Ilie Nastase, a Romanian Tennis player famous for his short temper. They also partnered themselves with Charles Barkley while the news was still fresh from the controversy he created by spitting on a fan.

In another extraordinary moment, they sent $25,000 to Tonya Harding, the Ice Skater who had to pay legal fees for her alleged involvement in the assault of a fellow skater.


  1. Nike was almost called Bengal instead


After they had acquired the Swoosh logo, the time had come to also change the name of the brand from Blue Ribbon. The idea Knight had was to call it Dimension 6, while a major number of people supported the name being changed to Bengal.

In the end, it was Jeff Johnson who preferred Nike, the Greek Goddess of victory. He claimed that the idea had come to him in his dreams. The name was not preferred by Knight, but the deadline forced the decision to be made.

  1. A shoe was inspired by a waffle


To imagine that a show was inspired by a waffle is not the most pleasing thought, nor is it the most appetising. But that was the case for one of the most famous Nike shoes. Bowerman thought of the idea for a sneaker design while eating a waffle. He used the grid pattern to design the sole of the shoe, only pushed out, instead of in. This was one of the most successful shoes in 1974. For more new models, … Read More