Get The Right Washer For The Job

Standing in the hardware store, it’s easy to find the rows and rows of different washers confusing, especially if you’re a layman. They all start looking the same and appear to be the same size.

However, there are different types of washers. Each has its own function. And yes, size does count! Using the wrong sized washer can be disastrous.

Different Types Of Washers

When most people think of washers, they think of flat metal discs with a hole in the middle. You’d be right in thinking that this is a washer. You’d be wrong in thinking it’s the only type of washer there is.

Washers are categorized according to the function they must perform. A plain washer spreads the load ensuring there is no damage to the surface you’re attaching something against. A spring washer has axial flexibility.

Spring washers are used as part of fastener assemblies to prevent …

Setting up Your Home Office

If you’re an entrepreneur chances are you work from home as many or more hours than you work at your place of business.  Indeed, in today’s virtual world you may be running your business entirely from home, and that means you should have a space set aside that’s dedicated solely to your business. Whether you have a separate room or just an area in the main part of the house, having a well-equipped home office doesn’t mean you have to have the latest cutting-edge technology, it means having everything you need to perform your work efficiently.

Here are some tips on setting up your home office:

Be practical. If you’re starting your business on a shoestring or have limited funds then consider keeping your office low-key and functional. Start with the basics and plan an expansion phase for when your business takes off and starts showing a healthy profit.

Concentrate …

8 Things To Consider Before Buying a Retail Business

 

When you buy an already established retail store, you are also paying for a well-established customer base and a recognized brand name. You will need to make few decisions and take few risks as compared to start a new retail business. You can find a number of retail store business for sale on popular online marketplaces like Businesses Buy Sell, in Canada. Hence, before you decide to buy a retail store, you should know about few significant things:

  1. Owner’s Purpose For Selling The Retail Store

There could be several reasons why a business owner would want to sell his or her retail store business, maybe the owner is ready to retire or want to start a new business in a new industry. Before buying a retail business for sale, conduct a thorough research in the retail industry. Check things like if other retail businesses are selling as well, is …

Tips For Cutting Down On Your Trucking Company Costs

When you own a trucking company, you have to keep a close eye on costs. Between gas and replacement tires, expenses to run your business can get out of control. To go along with rising costs, you also have to worry about keeping your customers happy and securing repeat business. It can take years to find that right balance that brings you customer satisfaction and maximum profitability. In the meantime, there are some ways that you can cut costs that can help your business survive.

Outsourcing Loads

Outsourcing loads can be tricky because most of your customers want to be sure that they are doing business with your company and not someone else. But on those days you are busy and you have local loads for trucks that are hard to find, you should consider contacting another company to help take those loads for you. It can be to …

Effective Operation Risk Management

You’ve probably heard entrepreneurs and business owners using the term “operational risk management” in the past, but you might not understand the nature of the concept. If that’s the case, the information in this post should help to set the record straight and ensure your company does not fall behind the competition. You need a strong operational risk management strategy in place these days to strengthen the link between your brand’s strategic goals and the operational decisions made by your management teams. Follow each of the stages below to ensure you get it right!

Identifying the risks

The first stage of effective operational risk management involves taking the time to understand the nature of the risks your organization faces. The person in charge of the process should spend time reviewing the current situation and the company’s long-term strategy against the visible risks the brand might encounter. The most common risk …

Prevent Chargebacks

Merchants Still Sorting Through Visa’s New Chargeback Rules

Chargebacks. Every merchant’s worst nightmare involves chargebacks. They are hard to manage and incredibly expensive. And the new chargeback rules under Visa’s VCR have only made the process more complicated.

Ecommerce merchants have long-stated that chargeback rules are unclear and unfair. In April, Visa took steps to address merchants’ concerns by launching Visa Claims Resolution (VCR) process. This action completed overhauled the rules governing when and how disputed online transactions are resolved.

In addition, the San Francisco-based card network created a global, data-driven management system: Visa Resolve Online (VROL). The purpose of this measure was to automate the tedious process and eliminate up front as many disputes as possible. In case there are any further concerns or questions about how the process has changed for disputes, Card Not Present has also produced a guide to help them better understand the changes.

The …

What makes a great entrepreneur?

It used to be that only the wealthy and well-connected were able to take a great idea and turn it into something really big. But with the rise of the internet-based economy, the cost of entry for entrepreneurs with a dream has dropped rapidly, and there’s never been more room for invention and innovation, even on a shoestring budget. Despite all this potential, the vast majority of start-ups just don’t make it – whether it’s increased competition from other entrepreneurs, mismanagement of their funds, or simply a case of bad timing.

What hasn’t changed, however, are the underlying qualities that distinguish the entrepreneur who’s set on success, no matter how many hurdles they have to jump, and no matter how many times they fail. When the right mix of skill, passion and perseverance is there, a true entrepreneur is unstoppable. Here are the traits (both learned and innate) that make …

Best Deals on General Insurance

Buying any insurance can be a tough task for an individual, who is not all that keen on the insurance industry. Given the number of policies available, it can be a bit overwhelming to understand each of them and then decide which ones are applicable to them. To make things a little bit easier for such people, we will focus on one of the larger insurance categories available in the market today, general insurance.

A general insurance is a category of insurance policies that cater to non-life insurance entities. It ensures that the things that you love the most such as your health, car, bike, home etc. are well secured. Should anything unwanted happen, the policy will come into effect and save the day for you. The above entities usually pose a lot of financial risks should anything happen. Thus, it is imperative to buy a general insurance for such …