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10 Reasons to Start Your Own Business

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Why should you start a business? From being your own boss to the chance for more creativity, find out the advantages of becoming an entrepreneur.

Want to get really, really rich? Starting your own business is the best way. Want your upside to be unlimited? Starting your own business is the best way. Want to be free to chart your own course, to make your own decisions, to make your own mistakes — to let the sky be the limit not just financially but also, and more important, personally?

Starting your own business is the best way.

Still not convinced? Here are 10 more reasons why you should start your own small business today:

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1. You are your own boss

Sick of your manager giving you a hard time in a job you loathe? If you start up your own business, the only person you have to answer to is yourself. Being your own boss gives you the freedom to do things your way and implement your own plans.

Of course, you live or die by your decisions, but that’s what’s good about it isn’t it?

2. You get to do what you’re interested in

If you are stuck behind a desk selling insurance over the phone to uninterested pensioners, the chances are that you would rather be doing something else. The good thing about being an entrepreneur is that you choose what kind of firm you start up, and where.

So, providing that you’ve done your research properly and there is a gap in the market, you can turn a hobby or interest into a profitable enterprise.

3. Your business = your deadlines

Clocking on and off in a drab job that generates profits for your cigar-chomping boss can become slightly soul-destroying after a while. Start your own firm and you get to set and meet your own deadlines.

You won’t be able to just lie in bed until 2pm thinking that you might do a few hours of work after your favourite television show has finished – you will need self-discipline. But meeting your own targets can be a huge motivation to work hard and drive the business forward.

4. Get creative

If you have considered going it alone, you will have thought out how you would do things your way. Being an entrepreneur gives you the freedom to express yourself and develop your concept in any way you choose. Of course, there are always financial constraints, but the ability to be as creative as you like is far more appealing than a one-dimensional job.

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5. It’s not that hard to do

The news is full of stories about the amount of red tape and taxes that small businesses have to face on a daily basis. However, over the past few years, several measures have been introduced that should make it easier to go it alone. From the Enterprise Finance Guarantee to various inner-city projects, the government certainly can’t be accused of doing absolutely nothing for budding entrepreneurs.

6. It can be very profitable

If you think that it’s just large corporations that make big profits, you would be wrong. There are countless stories of entrepreneurs hitting on a great idea, exploiting it well and being well on their way to their first million by the end of the year.

Although the start-up process can be tough, with long hours and little money not uncommon, if you run your business well, the rewards can be huge. And, from a purely selfish point of view, you will get most of the profits yourself.

7. It’s varied

Dealing with spreadsheets one minute, suppliers the next and then having a look around your new office – an entrepreneur’s work is not just busy, it is also extremely varied. If you are uninspired by your monotonous job, starting your own firm will keep you on your toes and stretch your abilities to the maximum.

If you want a career where every day is different, going it alone could be for you.

8. You can have a second career

Of course, if you don’t fancy giving up a regular income, you can always get the best of both worlds and stay as an employee while running your own firm. Although juggling the two can be tricky, having a successful sideline should be a very profitable option. Do something that you are interested in and go for it.

9. Cut the commute

Although most small firms operate from offices, many entrepreneurs find that operating from home reduces costs dramatically in the early stages. As well as providing familiar, comfortable surroundings to work in, if you are based at home you do not have to endure the daily tangle with public transport or clogged up roads.

10. The big dream really can become reality

You may feel that starting up a small business won’t lead to anything more than having your own desk and taking on a few extra staff so you can open that branch in Bracknell that you always planned. However, it is possible to make it really big – just look at the late Anita Roddick, who became a Dame thanks to her entrepreneurial achievements.

She started a small shop in Brighton on a shoestring in the 1970s. Before long, she had a chain of Body Shop stores across the UK and was launching her concept in the USA. So, if you dream of being the next Richard Branson, don’t dismiss it at a mere fantasy – it really could happen.

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Introduction to CFD Trading in Australia

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CFD tradingin australia

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

theagendadailypr@gmail.com'

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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

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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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