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Cost Cutting And The Benefits Of Outsourcing During The Present Pandemic

Friday, November 20th, 2020

Cost Cutting and the Benefits of Outsourcing During the Present Pandemic 1

The devastating effect of the corona virus pandemic is far-reaching. The entire world is suffering from the consequences of this beast-virus. Businesses of various types and sizes have been badly affected and the economy has become uncertain. One of the best ways to press for business survival in this season is to look for ways to cut overhead costs drastically.

Two major methodologies have proven a powerful combo when it comes to combating the far-reaching effects of the corona virus on businesses. This post will focus on employees restructuring as one of the methodologies. The second one which is outsourcing will be explained extensively in subsequent post.

Employee Restructuring – What Does It Entail?

The cost of maintaining a workforce constitutes one of the major cost incidents for any company or business. Therefore, adopting effective ways to reduce this cost especially in these times of grave financial crisis will be a big plus. Employee restructuring is a great solution in this case – it is one of the major solutions and involves the following;

  • Unpaid Leaves – A company can encourage its workers to go for unpaid leaves. Don’t forget that this is not by coercion but the employee has to accept it willingly. Especially during this corona virus period, employees may not think twice in accepting this offer, as long as they have the assurance that their job is secured and they can get their full salary. It is important that this process is conducted legally – there should be a written agreement that the employee must sign.
  • Reduced Salaries – Right now, with millions of people laid off already, it is likely that many employees would rather accept half salary with fewer employee benefits than lose their jobs completely. However, you have to be open and honest in this matter.

You should let your employees know how bad the company’s financial situation has become, which is the reason for this line of action. This way, it won’t appear as though you are taking advantage of their threatened job situation to cut their salaries and benefits.

  • Fewer Work Hours – You can also reduce the number of work hours for your employees to help you keep costs at bay. Again, many employees would rather accept this option than become one of the millions of people who do not have a means of getting income right now. It’s a terrifying situation they don’t want to even think of.

Besides, reduced hours offer flexible work option to help employees do some other side businesses with the extra hours. However, just like the case of unpaid leave, proper documentation and legal work is necessary.

Finally, a company can resort to layoffs if the financial situation is about to choke its existence to death.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

Top 5 Tips For Business Survival During The Pandemic: Experts Recommend These Tips To Entrepreneurs

Wednesday, November 18th, 2020

Top 5 Tips for Business survival During the Pandemic Experts Recommend these Tips to Entrepreneurs

There have been tons of tips, tricks, advice, recommendations, and affirmations on how entrepreneurs can stay resilient and win the business crisis battle created by the covid-19 pandemic. Some tips and recommendations ns stand out and seem to be the most effective solution to the pandemic’s effect on small and medium scale businesses.

The stand-out recommendations in question are not new but have been identified as reoccurring factors. They include the following;

1: Not Giving Up

If you give up because of the seemingly overwhelming situation, how do you expect to fight and regain your business? You should bear in mind that yours is not the only business affected. If your fellow entrepreneurs are standing up to the challenge, you should too. Develop a winning and survival mindset to help you pull through these trying times.

In essence, the initial step is to realize you can rise again. Regaining hope means that a major part of the battle is won already. Then, stand up and find out what other businesses in and outside of your niche are doing to get back on their feet.

2: Be Open to New and Innovative Trends

Do not stick to your old ways of doing things, especially the ones that are less unproductive. Fortunately, the pandemic has given rise to more innovative tools and ways of doing business and accomplishing business tasks. Whether it is remote work, business meetings, eCommerce, or social media marketing, there are better, faster, and more cost-effective ways of getting things done. Do your best to embrace these innovations.

3: Automate More Tasks

Business tasks automation has always proven to be a super cost-effective and less-error approach to executing business tasks. Unfortunately, many small businesses are not yet leveraging innovative automation tools to gain a more competitive advantage. This is the time to make a shift from mundane business practices to tech-oriented ways of carrying on a business.

4: Outsource More

The pandemic lockdown is full proof that work can be done from anywhere. Learn to use outsourcing to gain a more competitive advantage and improve the chances of re-growing your business. Outsourcing is a huge cost saver because your workers will use their own home offices and pay their own utility bills while accomplishing your tasks. Those huge costs are off your budget and help you save more to revive and grow your business.

5: Do More Online Marketing

There are huge business opportunities in cyberspace. Stop postponing launching an eCommerce business – you are shooting yourself in the foot. The pandemic has made more consumers resort to shopping online so that they can maintain social distancing and this trend has come to stay So, just imagine that your customers are now buying from your competitor who has an eCommerce business because they can’t find you online?

So, swing into action and adopt these result-oriented business marketing approaches to revive your business.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

3 Prime Areas To Cut Costs With Outsourcing During And After Covid-19

Monday, November 16th, 2020

3 Prime Areas to Cut Costs with Outsourcing During and After Covid-19

The times have been quite scary for a lot of companies and businesses. At the beginning of the pandemic, many companies struggled to retain their employees and at the same time stay afloat. While the Federal Government offered lifelines such as the CARES Act to enable businesses to take care of payroll and other business expenses with a forgivable loan, businesses are still in financial turmoil.

Therefore, in a time such as this, one of the best ways for businesses to stay afloat is to get rid of needless expenses. And, there are key areas companies can use outsourcing to eliminate unnecessary costs. These key areas include the following;

1: Operations

Accounting, HR, and other operations do not slow down along with a slowing economy. In fact, it becomes more necessary to track expenses and cater to employees in a slowing economy. A perfect solution in this case is leveraging cloud services by outsourcing your company’s cloud needs to an expert.

For instance, Microsoft Company reduced daily operation costs by $129,000 by simply increasing cloud storage, leveraging its in-house Office 365 architecture, and using video conferencing tools to minimize travel and the expenses that come with it. The message is clear. Businesses should take advantage of tools that both reduce human and cost burdens on the operations teams. For instance, a business can take advantage of a self-service HR software program.

2: Lead Generation and Sales

Also, in a slowing economy, leads acquisition and sales need to be more intense in order to generate income. It is better to outsource most of the steps and processes involved in lead generation and sales. Right now, businesses of various types and sizes are increasingly outsourcing leads generation to reduce costs while trying to drive sales. In a similar manner, larger companies are outsourcing customer prospecting planning to help them get ready for what lies ahead.

3: Customer Service

All along, even before the coronavirus outbreak, customer service has been one of the most outsourced business functions. In fact, most companies discovered it is both more cost-effective and result-oriented to outsource help desk rather than do it in-house. Even as people are locked down in their homes, they are still exploring brands and their offers. Consequently, they place calls to learn more or get some technical help for items they purchased online.

Your business can take care of basic questions and other basic customers’ needs using Chatbot services. Typical examples include questions relating to return policy or business hours. Then, your offshore or onshore outsourced customer reps can handle complicated issues. Learn to leverage outsourcing to free up time for your core team.

While we pray and hope that covid-19 will vanish soon, it is good to use smart business solutions such as outsourcing to build a lean and less expensive work team.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

Checklist Of What You Need To Successfully Go Live On Facebook As A Business Owner

Friday, November 13th, 2020

Checklist of What You Need to Successfully Go Live On Facebook as a Business Owner

Once every smart business owner learns about a new digital marketing tactic, the next question that comes is, “How can I make money with this?” As you probably know, the most trending online marketing technique right now is live video, and Facebook Live seems to be making more waves right now.

Live video is used by online marketers and individuals to broadcast in real-time via various online platforms such as Facebook Live, Periscope, and Instagram Live. And the best part is that you can take advantage of live video to generate more attention to your brand, hence more revenue.

Typical examples of online marketing activities that you can perform with Live Video include product reviews, product launches, exclusive workshops, and live auction. But first, it’s important you know the most important tools that will enable you to successfully go live with your marketing videos.

What You Need to Go Live on Facebook

Don’t be in a hurry to engage Facebook Live if you do not have the right tools in place. So, for a professional, top-notch, and hitch-free live video on Facebook, here are the essential tools you need;

A device with quality and decent camera features. This could be a computer or smart mobile device.

Page Manager app. You do not need this tool if you are going to use a desktop to go live. Also, if you intend going live via your Facebook personal profile, you do not need the Page Manager app as well.

An external microphone. This will help improve sound quality. This tool is not compulsory but it will help give more superb quality to your live video. Also, you need to choose a subject or host with personality. Bear in mind that online visitors are only interested in watching a lively person or subject and not a boring one.

It’s also necessary to get a guide that features all the steps to Facebook Live. Obviously, there’s no better place to get this information than on the Facebook website.

Planning is Key to Success

Just like other online marketing techniques, planning always precedes a successful outcome. From your script to the actual live activity on Facebook or other online live video channels, you should ensure you have everything planned out. It would help to create an outline of how you want everything to go.

Facebook Live is an integral part of Facebook marketing. So, in case you don’t know how to go about Facebook Live, or you just want to focus on your core competency, don’t you think it is better to outsource Facebook marketing entirely to a social media marketing expert?

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

Do Not Neglect The Mental Health Of Your Team During These Trying Times – Learn How

Wednesday, November 11th, 2020

Do Not Neglect the Mental Health of Your Team During These Trying Times Learn How

In normal times, the mental health of employees though important is usually not a major concern for a business or company. But right now, with all the crazy things going on because of the pandemic, the mental health of employees has become a top priority.

And, you should bear in mind that all eyes are on the lookout to judge companies based on how well or otherwise they treated their employees during the crazy times. More than ever before, employees need mental health care and support from their companies.

Different Studies Show that Covid-19 Has Taken a Toll on Employees’ Mental Health

One such study was commissioned by LinkedIn. The study revealed an insight regarding remote workers’ current working conditions resulting from the pandemic. According to the research, 56 percent of remote employees showed more feeling of anxiety and stress than when everything was normal. And, 38 percent of those interviewed are working additional 38 hours on average per month.

Some of the factors adding to the pressures of remote workers include managing home activities/kids with work. Also, as more people are being laid off, many remote workers fear they may eventually lose their job because of the uncertain economic times. Employees who lost their loved ones to the virus or have their loved ones fighting for their lives in ICUs will have a hard time focusing on work. So, their mental health is being pressured on every side.

Take Advantage of Mental Health Consulting to Take Care of the Mental Health Needs of Your Remote Employees

The recent crisis has necessitated prioritizing the mental health of employees. Again, how you respond to your employees when they needed your support most will be a major yardstick of how your company will be judged in this period and beyond. Employees are going through a lot as pointed out earlier. So, employers should not focus solely on what they want employees to do for them, but also what they should do for their employees.

You don’t have to offer direct support by playing the role of a counselor to your remote workers. Even if you have the talent, the task will definitely wear you out and take your attention off the core tasks. Be like other companies and outsource mental health consulting to a professional. You should link your employees to online mental health resources. Consequently, they can consult the expert when they need mental health help.

Don’t forget that only a physically and mentally sound person can be productive. Therefore, it is mutually beneficial to pay attention to the mental health of your remote workers, especially while the pandemic lasts.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

7 Facts About Good Customer Service

Monday, November 9th, 2020

7 FACTS ABOUT GOOD CUSTOMER SERVICE

Dealing with customers requires one to exhibit lots of ethical values and professionalism. These Covid clients are on the lookout for quality service from organizations they patronize. The act of rendering quality service and maintaining a robust relationship with your client would attract gains. Sure enough, you would be rewarded with brand loyalty and accelerated growth in revenue. Good customer service gives consumers a great sense of belonging.

The following tips are the seven expectations of consumers from your customer care department.

  • Professionalism:

When customers come to your company, they expect to see a high level of professionalism with your staff. This means that your staffs need to be well trained in handling their customers during inquiries, purchasing, demonstration of the brand, and after-sale-services.

They must be employees whose behaviors are strictly ethical. No customer would like places where they receive unequal treatments. This struggle implies that your employees must discharge their duty fairly without being biased at all.

  • Acceptability:

Clients are seeking places where they would have a sense of belonging. Staff members should endeavor to make customers feel welcomed during their visits or conversations. Employees should understand that these clients need to be understood. By coming to you, they need to get the best service available to help them reduce their frustrations instead of increasing them. Any slight show of unfriendliness would put them on the defensive and finally make them withdraw their patronage.

  • Regular Updates

If customers are duly informed of the progress and programs of your organization, they will be able to follow it up. Sharing sensitive matters with them makes you earn more of their trust. It also deepens the relationship as it indicates that you value them in no small measure.

  • Encouragement

Customers derive satisfaction when they are allowed to make inputs. No matter how insignificant such inputs may seem, it matters to the ones that contributed them. Create avenues for clients participating in the service progress.

  • Rapid Response

Learn various methods of giving your customers a quick response. By proffering a quick and positive response, you would be generating more leads and higher ROI.

  • Institute a proactive Staff

One of the things your staff should receive training is on how to be proactive while discharging their functions. They should learn how to take action in advance and not waiting for anyone to place such orders.

  • Corrective action

Ensure that faults are corrected timely. This paves way for system sustainability.

Final Thoughts

Recent studies have shown these seven tips fall into the top expectations of clients who are coming to be served. Meanwhile, it would be beneficial for outsourcing customer services to the hands of an outsourcing firm.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

KEEPING ZERO COSTS WITH YOUR STARTUPS

Friday, November 6th, 2020

KEEPING ZERO COSTS WITH YOUR STARTUPS

Great business around the globe had always begun as little ideas as you may have right now. The good news is that you can begin the expansion of your business without having to spend a hell of fortune. That is to say that you can leverage on the method of keeping low costs by not hiring additional employees to help you get started initially.

It is not enough to start up a new business. You have to know that it requires time, talent, and resources to grow your business. That is the only way to add value to your idea for it to grow big. In the meantime, the enhancement of globalization brought by the internet has eased a lot of processes. It is now possible to go outsourcing rather than hiring employees locally to realize one’s dreams.

Technology has provided strategies with which small companies can accelerate the growth of their companies. These days, you can leverage these strategies to put your company at the forefront of competing with big competitors.

As a beginner, it usually a challenge to find a service provider who will give you tailored solutions to suit your needs. Usually, there are lots of service providers who may want you to hire them. Their claims will certainly put you in a confusion about whom to choose. You are not sure who will give you the services you required.

Here is are the strategies you could use to source solutions without wasting money and resources.

Using software to derive digital solutions

Data management and processing have been enhanced with the use of the software. It gives you the chance to handling your data more productively. With the aid of this software, you could be independently effective by streamlining your schedules, tasks, and data. Amongst other tools is the integrated app solutions by Google. This tool is used by millions of businesses around the world.

Choosing between Independent contractors and Freelancers

When your business is having growing functions waiting to be manned, what it means is that you would be needing extra hands to help you scale. At this point, you have to scale your business further by outsourcing for Freelancers, expatriates, and service providers.

Conclusion

The success of a business is determined by the way it is managed. There must be concrete strategies applied to effect the needed growth. As the company grows, its finances are spent only on projects that yield gains. Just as you know how to spend wisely, it is expected of you to know when to hire employees.

As you want to scale your new business, it would be necessary for you to adopt some of the strategies in this write-up. Do not be bothered about hiring employees until you have scaled your business to the point where hiring becomes very obvious.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

Using A Remote Translator To Improve Your Businesses In Foreign Countries

Wednesday, November 4th, 2020

Using a remote translator to improve your businesses in foreign countries

If your company wants to do business in another country that has a different language, you may be needing a remote translator. International transactions are conducted with the help of a translator or interpreter. Unless you have an in-house translator, otherwise it would impossible for your brand or services to strive well on a global scale. Getting the services of a translator can be expensive, that is why the majority of businesses can not afford to engage their services. However, you can solve this challenge by engaging a remote translator.

The use of outsourced experienced experts puts you in advantage as they take care of your translations. While this is ongoing, your company will be benefiting by saving money that would have been spent on hiring a new in-house team of translators.

Outsourcing for translators or interpreters will enable your organization to access services that come with the newest technology and infrastructures. All that is needed by your company is to provide a list of tasks that are needed to be completed.

The duties of a remote translator or interpreter to your company

Although translation and interpretation are never the same as many mistakenly take them to be, they mean two different things. Their differences lay in what they handle. For instance, a translator deals with what is being documented, whereas an interpreter is concerned with spoken words.

The translator can help your organization by performing various degrees of tasks. Such tasks include the treatment of case reports, judgement files, and depositions. In addition to these stated functions, a translator can equally take care of contract documents, and documents relating to finance. Others include manuals, brochures, and health-related documents.

One of the major duties of a remote interpreter is to transform audiovisual or taped report materials into some other languages or text. Engaging remote translators and interpreters who understand your particular sector will provide your company with flawless translations and interpretations. This is because the proficient remote translator can convert documents into multiple languages with proficiency. In the same vein, an outsourced experienced interpreter can transform your recordings into text and many languages.

In making translations and interpretations to be comprehended, some sectors use certain terminology that is not confusing. These sectors include financial and medical sectors. Otherwise, there would be no proper understanding. While trying to outsource for these sorts of services, it is imperative to make sure that your chosen partners are quite experienced and equally skilled in the areas of your needs.

Conclusions

If you tend to grow your business and bring it global scale, then you have to go for the services of both translators and interpreters. They serve as a compass for navigating the routes of success. They improve the business process.

They help better decision making. Information gathering and dispensation are promoted.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

How You Can Drive Revenue With Your Personal Brand

Monday, November 2nd, 2020

How You Can Drive Revenue with Your Personal Brand 1

Recent authentic statistics revealed that some sales reps beat 78 percent of their colleagues in generating sales by using social media as a major part of their sales tool. Another study showed that the leads generated by the social activities of employees covert seven times more compared to leads generated via other techniques.

You may be wondering how you can achieve similar results. Also, you may be asking if it is really effective to generate sales and build your business with social media and online techniques like content marketing. The answer is a BIG YES. The best part is that you don’t have to be a salesman to achieve this feat. Your personal brand can play a major role when it comes to using social media and other online techniques to drive revenue to your business.

So, How Does It Work?

You should focus on presenting potential customers and clients with valuable content. You don’t have to create such content if it is not your area of specialty. Simply do like other smart dudes and outsource valuable content creation to experts. This will reward you with increased attention, narrative control, broader sales funnel and increased revenue ultimately.

Getting More Attention

More attention means more people getting to know you and your business. This is the reason smart business owners budget thousands of dollars for initiatives advertising. While this can be helpful, only a handful of business owners can afford it. Besides, such campaigns usually lack the personal touch and rarely offer meaningful value to customers.

The best approach is to focus on developing your personal brand. Consequently, you can use your personal brand to attract, educate, and entertain your prospects. It’s not a cheap task anyway in terms of the time and effort you need to invest in it. But, it pays off better than expensive campaigns and offers a more lasting outcome in form of trust and loyal customers.

In using valuable content to attract attention, you should choose high authority sites to publish your content and distribute them to your social media platforms from those authority sites. Typical examples of authority publication sites include the Huffington Post, Forbes, and Entrepreneur.

Generating Leads

When you start generating attention, this will speedily translate into leads generation. Those who are attracted to your personal brand will start learning more about you and your business offers. As these leads explore and learn more about your brand and products, they will start showing interest.

Before long, conversions will start taking place and sales will start pouring in. The good thing is that these people will likely spread the word about your brand and offers once they find your personal brand and company brand reliable and authentic. And guess what? More revenues will start flowing into your business account.

Indeed, a personal brand can generate more revenue for your business than you can imagine.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

8 Elements That Aids In Designing An Ideal website

Friday, October 30th, 2020

8 Elements that aids in designing an ideal website

One of the most fascinating aspects of website designing it’s the background. Website background is responsible for the success of the website. It is mostly neglected and quickly draws our attention to it when there is a problem.

There are some notable tips for the creation of a website. These tips are supplied below.

1. Use clever colour UI

Colouring the website is vital. How you colour it matters very much. The reason is that colour dictates how your viewers would value it. It is known that website colours attract and triggers attention. The most crucial aspect of it is that it derives conversions, which on the other hand retains the loyalty of the clients.

2. Presenting a readable image background.

If the background of a website is given good looks, it becomes of no effect if the contents are not readable. The use of photo editing software or CSS will enhance the output of your web design. Another alternative to making the background of your website to be readable is by choosing the right font and font size.

3. Put solid colour to the background of the website.

Websites need to be attractive to clients. You have to use a soothing colour that will derive the needed effect on the visitors. For instance, if photography seems not to be working for your website, then go for a solid colour. When a solid colour matches with your brand and the expression you want to pass across, success becomes easier.

4. Build with a background with simple and catchy images

Infusing your website with clustering images will have a negative impact rather than a good one. Therefore, it is paramount that you should make your website less busy with images. Choosing a striking image or landscape, makes your story in texts to remains intact.

5. Make it trendy

A website is supposed to be trendy. This helps it to drive the desired web traffic.

6. Build with subtle animation

Animation influences websites and brings life into it. The application of animation should never be allowed to overshadow the contents of your website.

7. Blend the colours

Colour blends are what used to trend a decade ago.  One could gradually go from one colour to another, making it a beautiful blend.

8. Mobile friendly

The world has graduated into the digital era. This has made large consumption go through mobile devices. Therefore, your website should be designed to be mobile-friendly.

CONCLUSION

Websites can be really interesting and could give good user experience to visitors. However, you have to follow instructions as being laid down in this article. Alternatively, you could partner with an outsourcing firm who is very reliable and competent in this regard.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams

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