GET THE BIG PICTURE http://www.getthebigpicture.net THE GATEWAY TO SUCESS Sun, 12 Nov 2017 09:00:04 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.17 Penny Stock Trading for Aspiring Day Tradershttp://www.getthebigpicture.net/penny-stock-trading-for-aspiring-day-traders/ http://www.getthebigpicture.net/penny-stock-trading-for-aspiring-day-traders/#comments Sun, 12 Nov 2017 09:00:04 +0000 http://www.getthebigpicture.net/?p=1819 Being a day trader is a fantastic way to move from underemployed and living paycheck-to-paycheck to financially independent shark of the market. You always need to be moving forward in life, taking on new challenges and opportunities and looking for ways to be more efficient and profitable. That is where trading penny stocks comes in.

Penny stocks are generally thought of as companies that trade at share prices for under a dollar. The OTC sheets and the pink sheets come to mind. But that is old school thinking. The new way of looking at the world is stocks that are $2-$10 per share. They are penny stocks of reputable companies that have fallen off the regular exchange, yet still represent a very good chance for profit.

With penny stocks, the inherent volatility and unknown are great for day traders. It scares away traditional investors and gives the cowboyish day trader a nice fat piece of prey to feast on. The risk taking is natural for a day trader, with no emotion. You need to be cunning and quick and ready to pivot at a moment’s notice.

As an aspiring day trader, the need for education runs deep. You need to be able to internalize new information, find better strategies and take more risks, all while protecting the nest egg that do you do have. Day trading is all about mastering the art of risk management, where you can make trades with reasonable certainty that you will be protected. When you spend all day learning trends and spotting patterns, you take care to only jump on the ones that really can make you money.

Day trading education can take many forms. Finding online classes that teach good strategies and give detailed instructions for how to approach the market are very vital to a day trading education program. Learning about penny stocks in chat rooms can be very valuable, as you look over the shoulder of a veteran day trader, live streaming the desktop. Seeing the market as the pros do, swapping tips with the hard bitten traders that have been in the game for years, that is a valuable way to approach the world of trading.

And after you take your classes and spend enough time in trading chat rooms, the time has come for paper trading. There is nothing more valuable than trading virtual currency in a trading market that is simulated to look and feel just like the regular stock market. Honing that ability to manage risk and implement strategies is very important in an environment where you cannot lose any money. The way forward is to practice without risking any of your actual cash.

When you start down the path of learning how to become a day trading master, you begin to understand just how much time and dedication it takes. The need for discipline is great. The desire for money is there, but it must be harnessed and channeled into a positive pursuit of penny stocks. To ignore that motivation would not be valuable.

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The best grout guide for laymen – Know the best grouting techniqueshttp://www.getthebigpicture.net/the-best-grout-guide-for-laymen-know-the-best-grouting-techniques/ http://www.getthebigpicture.net/the-best-grout-guide-for-laymen-know-the-best-grouting-techniques/#comments Tue, 07 Nov 2017 18:41:20 +0000 http://www.getthebigpicture.net/?p=1814 You might think you’re pretty good enough at DIY projects but even the most seasoned home improvement enthusiasts shiver at the thought of grouting a tile floor on their own. No, it is not that you can’t handle this project but with the wide array of styles of tiles and different colors available in the market, you might get confused. Regardless of how amazing your tile is, it is the grout which pulls on the look and can make the difference between a DIY job and a professional job. Now that you know all this, you must be wondering about the secret behind grouting your floor tile.

If ‘how to grout’, is all that is in your mind now, here are few tips that have been shared by experts and professionals.

  • Be watchful about the work that you’re about to do

Grouting is a task which is done at the end or at the point of completion of a project when you’re already too worn out with the job and you want it to be over. Make sure this fatigue of yours doesn’t come in the way of finishing up the job effortlessly. Begin with a clean slate by vacuuming off the joints of the tiles and taping the walls that are painted and also trim the tiles before you start off with the procedure of grouting.

  • End up with best type of grout

Did you know about the 3 major types of grout? They are the epoxy-based grots, Portland cement-based grouts and furan-resin grouts. Whenever there are no other considerations involved, people use Portland cement grouts and the remaining 2 are the more expensive ones. They find their importance when the installation of tiles will possibly face different chemicals. Few other considerations while selecting the grout tile floor is the effect of UV moisture or light.

  • A warning about costlier grouts

If you’re looking for a grout that is easy to install and maintain and is also stain-resistant at the same time, you have to check the costlier grouts. They will not only be durable and stylish, but they will also retain its beauty for many years and can even resist against aggressive chemicals. The pricier grouts come in 94 finishes which include high fashion, metallic colors which permits creative designing.

  • Deciding whether or not to mix

There are some home improvement enthusiasts who prefer grout that is pre-mixed but it is true that when you mix the grout with your hand and a trowel, this provides you with a better consistency. Unless the powder is dissolved, you should continue mixing the grout and make sure that the consistency is like that of peanut butter. If you don’t let it slake for another 10 minutes, it will become prone to cracking and other weaknesses.

  • The grout should be spread diagonally

When you tend to spread the grout in a diagonal manner, it will make the grout enter the joints and prevent it from popping out when you leave it. Moreover, if you have to grout both floors and walls, you should do the latter first so that you can clean off any mess that falls on the floor.

  • Clean up to avoid ruining the tile floor

Any residue of grout that is left over can tarnish the look of your tile floor and hence you have to ensure removing any excess grout that lies on the floor. You can use a squeegee to eliminate the extra grout and then use a wet sponge to wipe off the remaining grout.

So, if you’re wondering about the different ways in which you can grout your tile floor with the expertise of a professional, you should take into account the above mentioned tips and techniques.

 

 

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Typically Overlooked Threats to Lone Worker Safetyhttp://www.getthebigpicture.net/typically-overlooked-threats-to-lone-worker-safety/ http://www.getthebigpicture.net/typically-overlooked-threats-to-lone-worker-safety/#comments Sun, 05 Nov 2017 19:35:39 +0000 http://www.getthebigpicture.net/?p=1808 If you read the news, it’s easy to see that the most feared threats to lone worker safety include physical violence. A lone worker is much more vulnerable from the public or even from fellow employees, and they can be targeted for assault or even murder because no one else can call for help or assist in defending the employee.

Mobile-Worker-Plus-Lone-Worker

The other serious threats include sustaining injuries on the job or suddenly becoming ill. The medical condition may be serious enough that the worker would be unable to ask for help. First aid and emergency healthcare treatments may come too late.

But there are more subtle threats to lone workers that just assault, serious injuries, and sudden illnesses. These include the mistake of not providing adequate measures and facilities for rest, hygiene, and other worker welfare factors.

Rest

Workers can’t work for too many hours continuously, and there should be periods of break time when they can rest. This is especially true for workers who need to stand during work for hours at a time.

There should also be places where workers can go to so that they can rest. An office canteen is a good place for this, though employees should not be obligated to buy anything there just so they can sit down and rest.

Food

If a lone worker works for 8 hours at a time, then they should be able to have a place to take a break and eat as well. A proper rest and dining facility must easily be available. If the worker brings their own food, then the employer should make sure that there are facilities that can heat the food for the employee. A kettle and a microwave oven should available at the very least.

Water

People need to drink lots of water each day to remain healthy. This means that lone workers must have enough accessible drinking water. Tap water should be fine, but for lone workers out in the field the employer should make sure that they’re provided with enough bottled water for the whole working day.

Sanitation and Washing

Sanitary facilities should be easily accessible for lone workers, and these rooms should be well-lit, properly ventilated, and reasonably clean. Either the facilities have a lock so that only one person at a time can use them, or separate facilities must be provided for men and women. In addition, for shops these facilities should be separate from the facilities used by the customers.

Temperature

For indoor workplace settings, the temperature should be reasonably comfortable during working hours. The temperature should be lower if the work requires more physical exertions.

Temperatures outdoors can’t be controlled, but the employer can still set up proper safety and comfort provisions for workers. The employees working outdoors should be medically preselected, and they should be properly attired for either the cold or the heat. These workers should be properly trained and supervised. There should be sufficient rest periods, and workers should not be exposed to uncomfortable temperatures for too long.

If the weather is too cold, then there should be free hot drinks available. For warm conditions, cold drinks will be preferable.

Workplace Hazards

The places where the lone workers will work should be reasonably safe and properly maintained. The floors should be in good condition and there shouldn’t be any hazards that can slip and fall injuries. Staircases should have upper and lower rails. Objects that may fall on workers should be secured, along with hazardous substances. Workplaces should be properly lit as well.

Workplaces can be dangerous enough even for groups, but they can be truly hazardous to employees working alone. If you’re the employer, you need to conduct a thorough risk assessment of the workplace environment of your workers. You have to make sure that you’ve done all you need to do to ensure their safety.

 

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Low Quality Content is Bad for Search Engine Optimizationhttp://www.getthebigpicture.net/low-quality-content-is-bad-for-search-engine-optimization/ http://www.getthebigpicture.net/low-quality-content-is-bad-for-search-engine-optimization/#comments Sun, 05 Nov 2017 19:32:52 +0000 http://www.getthebigpicture.net/?p=1804 Google itself said it best in a statement about search engine optimization—it’s not the use of SEO tricks, but the quality of your website content that truly counts. That’s why search result rankings aren’t really mostly about technical stuff, although those things are still part of the SEO equation. Rather, Google is trying hard to assess the quality and relevance of your content in regards to the keywords used by the search users.

So how do you know that your content isn’t as high quality as it ought to be? While the quality level may seem ambiguous, you can use various monitoring tools to check for yourself whether visitors to your site regard your content as high quality. Here are some signs that your website has low-quality content:

1) The webpage doesn’t load quickly. This is perhaps the most critical sign of them all. Many Internet users today have no patience for slow-loading web pages, and that’s especially true for mobile users. This is the main reason why many website visitors cancel a visit and click to go back. If you have the best content to offer, it’s no good if your intended audience has to wait for it to show on the screen. So the first thing you need to do is to make sure that your web pages load quickly.

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2) Too many ads show up on your website. It’s annoying for Internet users to have to click every so often when you have a popup ad covering the entire screen. Even having too many ads included in your website can be somewhat irksome. Mobile users with their smaller smartphone screens are particularly angered by ads since they don’t have the screen real estate to accommodate them. These people would rather have their screen filled with the info they’re looking, and not the ads you want to foist on them.

3) Your text features too many spelling and grammatical mistakes. It’s incredibly jarring for people to read your blog posts, articles, and other texts and then see a spelling or grammar error. It smacks of amateurism, or perhaps an attitude that you just don’t care about the people who are reading your content. People can assume that you’re not a native speaker (and therefore suspect) as well.

So you either need to proof your articles carefully, or you can at least use reliable grammar and spelling checkers to go over your content. You need to take the time to do this, or else your brand reputation will undoubtedly suffer. How can people consider you an authority on the subjects they want to know about when you can’t spell simple words correctly?

4) You’re employing the wrong reading level. You have to tailor the writing style of your web pages to the mindset of your intended readers. It’s one thing to adopt a more scholarly tone or feature a technically detailed article when you have an older and more experienced audience. But you have to tone it down to a friendlier tone with simpler words when you wish to talk to the general public, especially the younger set.

5) Your web pages have lots of broken links. Whenever people click on a link on your site, and it leads nowhere, it gives the impression that you’ve abandoned your website. At the very least, you don’t care about the site as well as you should. That tends to make your audience not care as well.

6) You have too much wrong information. When you’re dealing with subjects and topics where fans know a lot of the details, you can’t risk featuring erroneous information. Not only will you fail to look like an authority on the subject, but you may be seen as a poser and a joke.

There’s more to SEO than these simple mistakes that you can correct yourself. But they’re a good start. Get rid of these, and you can help make sure you’re doing your part for your website SEO.

 

 

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Top 5 Reasons for a Below Ground Conduit Systemhttp://www.getthebigpicture.net/top-5-reasons-for-a-below-ground-conduit-system/ http://www.getthebigpicture.net/top-5-reasons-for-a-below-ground-conduit-system/#comments Sun, 05 Nov 2017 19:30:25 +0000 http://www.getthebigpicture.net/?p=1800 In many new suburbs around the world, power cable systems are being installed in a below ground conduit system rather than above ground. The initial costs are a bit high, which is why many city councils hesitate to transfer their above ground power cables to a below ground system. Yet, it’s also true that many people see the value in having these cables go below the ground. Here are some of the most commonly cited reasons:

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  1. It’s visually unappealing. This may be a rather simplistic reason to pay for the expense of installing power lines underground, but it’s also a very compelling one. It’s why wealthier neighborhoods opt for below ground systems. It’s also nicer to look at a landscape unmarred by these ugly power lines.
  2. Trees won’t have to be cut down. These power lines need clearance so they can be laid out properly, and in many cases that will require cutting down trees in the way. Today’s world places greater emphasis on environmental issues, and such unnecessary cutting down of trees are no longer easily tolerated. Besides, trees also add to the beauty of a neighborhood. Trees can be allowed to regain their natural shape, and these can be very attractive.
  3. It increases property value. This is a direct consequence of the unsightliness of aboveground installations. When unsightly power cables and poles are removed, a neighborhood becomes more beautiful, and therefore a more desirable place to live in. One study found that in neighborhoods where power lines are evident, the property values could decline by 1 to 10 percent. Another study found that a property that’s next to a power line also lost an average of 6.3% in value.
  4. Reducing traffic hazards. Every year, hundreds of car accidents involve power and telecommunication poles. These accidents cost millions of dollars a year, and that’s not even factoring in the cost in human injuries and fatalities.
  5. Elimination of tree hazards. The proximity of power lines to trees can be dangerous for people, especially when these people are pruning their trees. There have even been some cases which have resulted in fatal electrocution.

Trees can also cause massive power cuts when there is a major storm that blows trees into power lines. This kind of damage can take many days to repair, and these repairs can also be extremely expensive. Having power lines cut down by trees can make life inconvenient for many people, and in the winter or summer it can be dangerous for older or sick people.

It’s quite obvious that a below ground system offers many advantages compared to a system above ground. While a below ground system may initially cost more, such expenses can be recovered eventually through the reduction of storm repairs plus the increase in the neighborhood property values. Besides, below ground is out of sight, and it just makes a neighborhood prettier and safer.

An electrical conduit is essentially a tube that is designed to route and protect electrical wiring in a building. It can be made of fiber, metal, or plastic. These are mostly rigid but some are flexible, depending on their purpose.

Conduit systems are installed by experienced electricians where electrical equipment is installed. Wiring regulations and building codes often stipulate installation details, forms and uses.

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10 steps to Improve Your Company’s Saleshttp://www.getthebigpicture.net/10-steps-to-improve-your-companys-sales/ http://www.getthebigpicture.net/10-steps-to-improve-your-companys-sales/#comments Mon, 30 Oct 2017 19:41:35 +0000 http://www.getthebigpicture.net/?p=1797  Sometimes companies need to refresh the vision that customers have about their products, or better position their brand to continue satisfying clients and attracting new customers. Here you can learn about some techniques you will be able to use to guide consumer buying decisions towards your product, and get consumers to identify with your brand.

  1. Small changes – Your business sales can be increased drastically with small changes in the packaging of products, presentation of the commercial premises, and organisation of space, etc. In other words, the purpose of merchandising should be to make the product look more attractive to customers.
  1. Investment in advertising – Waiting for your business to grow on its own is a fatal mistake. You need to have a strategy to make your business visible and attractive to buyers. To achieve this, consider hiring merchandising experts, such as www.fyldepm.co.uk, to help promote your business, and grow your sales.
  1. Business identity – Give your business an identity. Take your time to design a unique and striking corporate image. Design your logo, slogan, mission, vision, and any other elements that will set your business apart from the competition. Change the colour combination used in your product, the packaging, advertising, and brand identity. This will help you gain better recognition of your refreshed, new brand image.
  1. Client database – Develop an organised database of clients. Enter email, phone, and address data and any additional information that may be useful for keeping in touch with clients, and develop loyalty strategies. Being close to your customers and making them feel important will always make them remember your company and your products.
  1. Establish goals – It’s important to have clear, and realistic sales goals. Each time you accomplish your goals, propose bigger and bigger goals. And don’t forget to celebrate these accomplishments with your employees – they’ll become even more motivated.
  1. Sales reports – Stay informed about your company’s sales and related expenses. Compile a regular sales report that will help you know everything regarding the key activities of your company. You can use Excel spreadsheets or other business management software for this. Without hard data, it will be difficult to know if you are growing or not, and what strategies work and which don’t.
  1. Meet your customers. Make them feel important, focus on knowing who they are, what motivates them to interact with your business, where they live, what they like, etc. Any such data can be very valuable for developing better sales strategies.
  1. Surprise your customers – Offer them positive experiences when buying and consuming your products. Remember that experiential marketing is key to standing out from your competition and gaining greater market share. Reward your loyal customers. Show them that they are important to you. Call them on their birthday, give them a gift, a discount, or special offers; make them feel they are special.
  1. Complaints and suggestions – Pay attention to the feedback (positive or negative) from each of your clients or customers and give them a quick response to any request. This will make them feel they are being listened to, and is also an excellent way to improve the service provided by your company. An unsatisfied customer enjoys sharing their negative experience with all their friends and contacts in social networks – so keep them happy!
  1. Constant innovation – Show that your business wants to improve every day. Launch new products, update old ones, and change product packaging design periodically. Always strive for improvement.

 

 

 

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5 Ways to Use LED Screens At Your Next Eventhttp://www.getthebigpicture.net/5-ways-to-use-led-screens-at-your-next-event/ http://www.getthebigpicture.net/5-ways-to-use-led-screens-at-your-next-event/#comments Sat, 14 Oct 2017 17:01:59 +0000 http://www.getthebigpicture.net/?p=1793 Event organisers now have a wealth of possibilities for using LED screens. In the past they may have used a few screens at reception, or a screen behind the speaker displaying relevant information, but now there are many more creative ways to integrate LED screen technology into a standout event.

 

Here are some of the best ways to use LED screens to make a big impact, increase engagement, and help attendees get the best from any event.

 

  1. Live Streaming

Live streaming has been a regular occurrence at live sporting events and concerts. You definitely need a live stream broadcasting the event to people who may be seated outside the optimum viewing area, or cannot enjoy the performance up close. You can also use live screening in conferences and business events to show people in other conference rooms what is going on elsewhere in the event, or to highlight specific parts of a speech or presentation while it is happening live.

 

  1. Additional Information, Montages, and Features

Gaps in the program can be solved using LED Av Rental screens. Lining up backstage footage, interviews, features, and montages of the event provides entertainment while the next part of the event or show is being set up.

 

  1. Sponsorship Opportunities

Sponsors have the chance to showcase their brand and provide information about their products for the audience. But this doesn’t have to be done in a bland and boring, infomercial way. There are many creative ways in which sponsors can use the screens to display their message while providing entertainment for attendees. LED screens can be linked together to provide impressive displays, and companies sponsoring events can produce bespoke packages that fit in with the style of the event and also help to increase event engagement.

 

  1. Social Media Integration

While everyone can access information from the live feeds on Facebook or Instagram, it is often a great idea to provide updates in large scale so that people feel more engaged and integrated into the event. Tweets can be displayed and shared on the big screen, poll results displayed, and photos, making the event into a shared experience.

 

  1. Games

Encourage audience participation through the use of big screens with games and fun tasks for people to take part in. There are many ways to use games on the big screen to help people get more out of the event and also to allow them to interact with each other and with sponsors.

 

Av Rental

https://pspav.com/

Image: Image courtesy of tungphoto/ FreeDigitalPhotos.net

http://www.freedigitalphotos.net/images/Television_video_and_g178-Flat_Screen_Monitor_In_Hand_Isolated_p31631.html

 

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The Top Facts You should Know before Applying for a Patent in the UKhttp://www.getthebigpicture.net/the-top-facts-you-should-know-before-applying-for-a-patent-in-the-uk/ http://www.getthebigpicture.net/the-top-facts-you-should-know-before-applying-for-a-patent-in-the-uk/#comments Wed, 23 Aug 2017 10:38:32 +0000 http://www.getthebigpicture.net/?p=1789 You may have a great idea for a system, a great design for a new consumer product, or something similar that could be of great use to you, society, and the commercial market. However, no matter how wonderful your design or idea may be, it has no commercial value if you have no patent on it – if you do not have it registered as intellectual property.

Legally speaking, the idea or design belongs to you from the moment of conception, but in the real world it’s unwise to rely on that – you need proof. Practically speaking, you need that written confirmation that casts all shadows of doubt away; that proves the invention is yours, that you own it. Here are the top facts you should know before applying for a patent in the UK.

Is it valuable?

In 2005, experts in patenting conducted a study to see which patents were applied for, and what their real value truly was. The study found something extraordinary: more than half the value of all patents were found in less than 1% of all patents – meaning that, whilst there were a lot of patents filed (and granted), only a very small portion of it actually had financial benefit. Applying for a patent – and going through the approval process – requires money and time, so make sure your patent will have economic benefits in the long run. Have a business plan ready.

Is it new?

There are plenty of resources available such as patent software from Sach-associates.com to search the databases of the patent office – make use of it and see if there isn’t something similar out there that exists. It may be new to you, but it’s very common to find it already exists (and therefore have your patent application denied).

Consult a professional

Though it is not mandatory, your chances of getting a patent approved are much better when you hire a solicitor whose expertise is intellectual property, and who is familiar with the requirements of the Intellectual Property Office (IPO). Although they do charge for their services, there are regular IP clinics around the UK where you can receive free basic advice from professionals.

Whilst waiting

Assuming your patent application is approved, it will be published 18 months after you have filed all the formal requirements – and that’s a long time to wait. Bear in mind: publishing does not mean getting your patent approved. The approval could actually take a couple of years. What do you do in the meantime? Often, confidentiality agreements are a good way to go for business negotiations. If appearances for the product are important, a registered trademark may do the trick.

 

Image courtesy of Pixabay.com

 

 

 

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Becoming a Profitable Day Traderhttp://www.getthebigpicture.net/becoming-a-profitable-day-trader/ http://www.getthebigpicture.net/becoming-a-profitable-day-trader/#comments Sat, 19 Aug 2017 20:24:16 +0000 http://www.getthebigpicture.net/?p=1785 There are plenty of ways to become a profitable day trader. But why would you want to do it? What do you get out of being a financially independent person, with no boss to answer to and no cube to chain yourself to. You get freedom. You get a career with plenty of money to pay the bills and plenty of time to enjoy yourself.

The key is you have to spend the time becoming a smart day trader. You need to spend time in day trading classes, learning the lingo, the techniques and the potential pitfalls. Then spend time in a free chat room that allows you to interact with other day traders that have been through the ringer and have excellent advice to offer.

Here are the 5 steps to becoming a profitable day trader.

Learn The Best Strategies

Day traders need to understand many differnet ways to make money on any given day in the market. There may be some days where there are gappers ready for a momentum day trading strategy that will capitalize on spiking stocks. But other days, you might want to employ a reversal trading strategy that capitalizes on a tough market.

Learning these strategies in a good day trading education site is a great way to be profitable. You need to put the time in.

Spend Time In a Day Trading Chat Room

There could be a free chat room out there that has decent information and traders with some experience. But Warrior Trading offers a chance to pay just $5 for five whole days of a chat room experience that will bring your day trading education to another level. Being around other traders and watching them call out positions and trades in the chat room is a great way to get acclimated to the industry.

Take a Month In a Paper Trading Room

Paper trading is one way of saying simulated trading. What you want is a simulated trading environment that mimics the regular stock market and allows you to make trades at the speed of the real stock market. All with virtual currency. That is the best way to practice your day trading strategies and learn how to make trades and make mistakes without losing real money.

Take Risk Management Seriously

As a day trader, you always need to be thinking aobut risk. You need to know exactly how much you expect to make from a trade and how much you do not want to lose. Then you need to have the proper stop loss in place for each trade. That way you can cap your losses automatically. Once you make your desired profit level, get out of the trade. Don’t sit there and wait for an endless growth spike. You will be disappointed.

Keep Good Records

Quality record keeping is at the heart of profitable day trading. Day trading is all about building up lots of small wins and making sure your losses are even smaller. You are going to lose on a trade. It is inevitable. But, at the end of the week, your profits are higher than your losses, the better off you will be.

For more information on chat rooms and day trading education, check out Warrior Trading.

 

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Is It Time to Add More Manpower?http://www.getthebigpicture.net/is-it-time-to-add-more-manpower/ http://www.getthebigpicture.net/is-it-time-to-add-more-manpower/#comments Tue, 15 Aug 2017 20:41:12 +0000 http://www.getthebigpicture.net/?p=1779 What is the exact number of employees that you think your business needs to operate?

While that can be a tough question to answer, it is one that is nonetheless important to your prosperity.

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Are you thinking about adding manpower the rest of this year or once the New Year rolls around? If so, how many people? Also, where would you add these positions? Last, do you have the budget with which to pay for such new hires?

There are some questions that one must answer in deciding the right time and place to bring on new workers.

So, are you ready to make such important calls?

Finding the Right Talent for the Right Price

In considering whether to add manpower to your operation, remember a few key pointers:

  1. Timing

Knowing the right timing to add talent is of course something that is hard to do.

Short of a crystal ball, one does not know how local and national economies will play out over time. As such, it can be difficult to say that hiring folks sooner is better than later.

One of the factors to keep in mind is national employment data.

By having a better idea of the market coast-to-coast, you see how your industry is fairing.

Also note that many job seekers stay up to speed on national employment trends too. By doing this, they are more inclined to know where to go for the jobs that they want. Whether that is on a local or national scale, many do whatever it takes to interview for the right company.

Although your timing of when to add workers may not always be precise, don’t approach this with blinders on.

  1. Salaries and Benefits

Before you place a single help wanted ad, you need to know your spending limits.

If your sales numbers have been so-so through the first half of the year, bringing on more talent now may not be best. On the flip side, some may say that adding more manpower is necessary to boost those revenue dollars.

Taking a look at how companies pay workers for comparable positions is important.

Make sure that your current team is being paid relative to what others make at your competitors. Remember, you can’t expect good talent to stay with you if they’re falling behind.

In the event you want to add manpower and yet have to do it at lower salaries than you’d like, make up for that shortfall.

Among some of the ways to do that:

  • Solid health benefits package
  • Access to a free fitness center
  • Access to free daycare for employees with children
  • Allowing employees to work from home on occasion
  • Company events like a free lunch or Happy Hour etc. at times
  • Listen to employee feedback to learn how to improve your business operation

By doing your best to create a positive environment, you tend to attract better talent.

If thinking about bringing on staff, put some thought into it before the first help wanted ad goes out.

 

 

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