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4 Tips For The Self-Employed Tradesman

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Branching out and becoming self-employed can be both exciting and frightening but worth it for the extra control you can have over your work. You will, however, need to take note of a few things before you get started as there are a few things you need to keep on top of. If you’re currently a self-employed tradesman, or looking to become self-employed, read on for some tips you may want to take on board.

Insurance

Even though insurance may seem costly, you never know when you might need it. There are many different types of insurance you can take out, so it is important that you choose what is best suited for you. Remember to also insure your tools, equipment, and anything you may use on a regular basis as well. If you are a little bit confused about what type of insurance to take out, contact a specialist such as Tradewise Insurance who will be able to guide you in the right direction.

Advertising

Word of mouth is considered to be one of the most effective and free methods of advertising. However, if you are finding that work is a little scarcer than you would like, you may want to consider advertising on places like Gumtree, your local newspaper, or even distributing flyers around your local neighbourhood. If you’re just starting out, it may be difficult to get clients if they don’t even know that you exist – advertising can help you get your name and services out there.

Service

Provision of high quality customer service is paramount when it comes to being self-employed. There are plenty of other tradesmen out there who can take your place in an instant, so it is important to be punctual, and to complete your work to the best of your ability. Build a rapport with your customers, so they will keep you in mind for other jobs they might have and maybe even recommend you to their friends. You never know where putting that extra bit of effort will take you.

Accounts

Taking care of your accounts may seem boring and time consuming, but it will help you out immensely when it comes to doing your taxes. Make sure you keep strict records of everything you do and keep the receipts and invoices from all your jobs. Put in all of your income as it comes in, and don’t be slack! Arrange for one specific day or time a week to get all of this done and out of the way so you don’t have a backlog of work to do at the end of the month or year.

Being self-employed can be tough, but it can also be a lot of fun. Just make sure you have all the necessary strategies and processes in place and you will be good to go!

Are you currently a self-employed tradesman? Do you have any tips for those who are planning on embarking on a similar path? What have you found most useful and what types of things do you avoid? Leave your thoughts in the comments section below.

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Introduction to CFD Trading in Australia

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The story of Contracts for Difference (CFDs) in Australia started in 2003 and since then it had
become an industry that outpaced the growth seen in warrants during the 90s. Before we talk
about some actual CFD brokerage companies like CMC Markets or easyMarkets, we should talk
about some of the particularities of trading these instruments for Australian residents.

CFD Trading in Australia

What are CFDs?

Contracts for Difference (CFDs) represent a popular form of derivative trading that enables people or entities to speculate on the rising or falling prices of fast-moving global financial markets like currencies, shares, indices, and commodities.

By using these instruments, traders will not own any underlying assets and will not be able to receive dividends, but they will be able to generate returns based on price fluctuations. According to the latest statistics, there is an estimate of 40,000 Australians who trade CFD instruments on one form or another, with a value of more than $350 million.

CFD regulation in Australia

Although the CFD industry in Australia may be small in comparison to other Western nations, the Australian component of FX volume is seizable and continues to grow, with a total average daily volume across OTC (over-the-counter) markets is currently around $140 billion. For people who want to get started with CFD trading, there are many brokerage companies offering their services inside Australia. CMC Markets is the first company that entered the market, followed by IG Markets. Companies like Pepperstone, easyMarkets, markets.com, and others are also present.

We must mention that companies wanting to offer CFD trading services must hold an Australian Financial Services License (AFS), which authorizes them to advise and deal with these instruments by issuing and making markets in derivatives or foreign exchange contracts (in case the company offers CFD trading for currency pairs).

If we talk about regulation, we must also mention the main financial regulator of the country – the Australian Securities and Investments Commission (ASIC) which sets industry standards and offer licenses to brokerage companies. It is known as one of the most reputable financial regulators on the planet which constantly makes adjustments to regulation.

In 2019, ASIC changed the reporting process of brokerage companies, meaning that brokerage companies will have to report CFD transactions using a “life cycle’ method, instead of an end-of-day “snapshot” method. This comes after ESMA made serious changed to European CFD trading in 2018, limiting leverage and other features for retail traders.

Read: Australia’s Best Restaurants for Business Meetings

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No More Computer Eyestrain – Get Rid of your Headaches for Good

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My eyes feel strained, I have a headache, and my brain just feels tired.

This is what’s known as computer eyestrain, and anyone who frequently uses a computer has probably had it. It’s no fun, and it keeps our work from reaching its full potential. It also keeps us from resting well at night by throwing off our circadian rhythm, especially if using a computer after daylight hours, in a poorly lit room.

This is caused by the blue light computer screens emit which is designed to mimic the sun.

Here are 5 sure fire ways to get rid of those darn computer eye strain headaches for good.

Computer eye strain headaches – get rid of them for good

1. The 20-20-20 rule

20-20-20 trick

Looking at something in the distance will give your eye muscles a break to reduce fatigue and headaches. This trick is intended to exercise your eyes and give them a break from your computer’s bright backlight.

2. Take frequent breaks

take frequent breaks computer eyestrain

I know this might sound counter-productive, but I guarantee if you take more short breaks from your computer screen your eyes will thank you and you will see an immediate improvement in your productivity. Here’s some tips for making it happen:

  1. Drink more water. Not only will this keep you hydrated, it will also demand frequent trips for refills…and bathroom breaks.
  2. Set a reminder on your desktop. This goes for the 20-20-20 rule as well.
  3. Avoid the elevator. If you work 17 floors up, maybe not or you’ll be late for work. However, if you’re on the second or third floor, or you need to run downstairs for something, this extra bit of exercise will improve your circulation and engage your muscles, giving you an extra boost of energy, and a mental boost as well!

3. Increase your font size

When you can, increase your font size. If the text is too small, you’ll squint, which is the number one culprit of eye fatigue and headaches.

4. Try computer eyestrain glasses

Computer reading glasses are specially made to help reduce eyestrain. They have an anti-reflective coating to help reduce glare and a tint that helps increase contrast for easier viewing. For those of us who already wear glasses, prescription computer glasses are also available

headahe
HEADACHE

5. Give your eyes a break

It can be tempting to binge on netflix as soon as you get home from work, but try giving your eyes a break from all the blue light that’s causing them grief. Staring at a screen all day not only weakens your vision, but it could lead to worse problems, like computer vision syndrome.

How to make dramatic improvements to your e-commerce business

11 Easy business outfits to snaz up your day at the office

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How to Make Dramatic Improvements to Your E-commerce Business

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Every online entrepreneur wants to enjoy phenomenal success. However, you could be facing various obstacles that could prevent your company from reaching its full potential, such as a competitive market, the wrong platform, poor onsite content, or a lack of marketing know-how. To increase your brand recognition, traffic and sales, find out how to make dramatic improvements to your e-commerce business.

Publish Superb Product Pages

If you want to convince visitors to invest in your products, you must develop impressive product pages that will effectively highlight your inventory and increase your sales. For example, you must only feature high-quality, professional images of your items, which should be complemented with informative, compelling product descriptions. Your product descriptions must state:

  • What your product is
  • What your product does
  • Why it’s better than any similar item on the market

It could convince a potential customer that you only provide high-quality, reliable products, which are worth their time and money.

Transition to a Better E-commerce Platform

If you are constantly battling with website maintenance issues and want to easily manage the customer experience, it might be wise to move to a better e-commerce platform. For example, if you currently use either Magento Community or Magento Enterprise, compare Magento against another platform, such as Shopify Plus, which offers multi-channel capabilities and improved security.

Integrate Clear Call to Actions

A call to action can indicate the action you want a visitor to perform on a specific page, which could be buying a product, calling your business, completing a form, or downloading a guide or an eBook. To create a clear, compelling call to action, you should use a strong command verb, such as “Download,” “Subscribe” or “Buy.” You also could add a sense of urgency into a CTA by writing “Buy now to avoid disappointment” or “Shop soon! Sale ends this Friday.”

Master Upselling and Cross-selling

Most dependable e-commerce platforms provide features that allow brands to showcase related products to a customer’s order. If you want to increase your average sales, you must focus on upselling and cross-selling your products.

For example, upselling will require you to promote a similar item to a product already in a visitor’s basket. As it could match their needs and taste, it could potentially lead to a larger sale. If you are looking into cross-selling, you will need to feature complementary products to a customer’s order, such as jeans to match a t-shirt.

If you can master upselling and cross-selling on your e-commerce site, you could generate a bigger annual profit margin.

ecommerce example agenda daily

Proofread Your Website

If a visitor is unfamiliar with your brand, they will want to learn more about you before buying a product from your business. As a result, they might browse your web content to learn more about who you are and what you do.

Unfortunately, if your copy is riddled with grammatical errors, it can lead to a lack of trust in your brand and a lost sale. To secure their custom, you must routinely proofread your content to spot any mistakes, which could otherwise tarnish your credibility and profitability.

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