What Do Shareholders Do?

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. A key aspect to the money world is investing. If you’re investing in paper assets, you must have a fundamental understanding of what shareholders are when it comes to companies and stocks. The following contributed post is entitled, What Do Shareholders Do?

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As a start-up company, you might not be too worried about shareholders, but the longer you are in business, and as you expand, it might be something that you start to consider. But what is it that shareholders do?

In short:

Shareholders own at least one share in a company (but the shareholder can be a company, organization, or a single person). They share in the company’s success as it grows, and their shares can give them some rights within the company too.

They can often play a vital role in the company’s future and how their financials look.

There are two common types that you should know about when it comes to shareholders.

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Preference shareholders

One of the biggest benefits for preference shareholders is that they get priority over equity shareholders. However, while they do better in the profit distribution, they don’t have voting rights.

This means that they don’t have an impact when it comes to executive decisions. Another bonus for preference shareholders is that they get a fixed dividend rate, regardless of the company’s current profitability.

Equity shareholders

An equity shareholder has a stake in the company’s equity. They do have voting rights, but they can also take legal action if there are matters that arise they believe to be detrimental to the company.

Each of these shareholder types will have shareholder agreements that will outline everything they can and cannot do.

Why are shareholders important to a company?

Shareholders don’t just earn profit from their stocks in the company; they can also help the company grow. Shareholders will have a vested interest in financing, operations, control, and governance.

Financing

It is becoming more common for start-up companies to offer shares to raise cash for their growth, marketing, and more. Shareholders will buy shares, and the company will use that money for what they need to do.

Governing

There will be transparency between shareholders and board members (of public companies) pertaining to operations and how the business is. There will be many meetings between shareholders and the c-suite or other managers to the governing of the company.

Operations

Shareholders with voting rights (and even without) will have large sway over operations. This is because shareholders are investors, and investors want to keep the company on track so that they see a return on their investment.

Control

When shareholders don’t agree with certain personnel, acquisitions, or shuffling of the staff, they can use their say over what happened—effectively deciding who and who doesn’t have control of the company – and at what percentage they control.

Shareholders are a vital part of the company as it grows, and they do have many rights. They can take legal action where applicable, sign off or stop the signing of directors, and attend general body meetings.

They can also access copies of the financial statement, see accounts and call meetings. Even with all of this responsibility, shareholders have very few liabilities.

If you don’t have a business but are interested in buying shares in one, here are some more interesting ways that you can invest your money: Investment Tips Anyone Can Profit From.

Adding A Vintage Element To Your Interior Décor

Two focuses of my blog are Home/Living Discussions and Home/Property Discussions. If you’re into home decorating and décor, you may be familiar with vintage elements. The following contributed post is entitled, Adding A Vintage Element To Your Interior Décor.

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Improving the way your home looks is a lifelong ordeal – it’s going to take a while before you find a style you truly love and enjoy! And even when you do, there’s no telling when you’ll need a fresh coat of paint on the wall to satisfy how you feel in 5 or 10 years time. But that’s no bad thing; a good style is one that’s ever evolving and always feels like you.

Which is why vintage elements are still so popular in the modern era. We love to see hints of times gone by in the rooms around us, and some people dedicate their taste to recreating the aesthetic of the 50s and 60s. So why not add a few touches of those eras to your own interior decor?

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Pick an Era

When you’re aiming for a more vintage look, it’s a good idea to avoid period mixing and simply go for one over any others. If you’re a 50s fan, for example, it can be easy to dip into the 40s or 60s, but this can lead to a totally confused look. You might even come across as a bit amateur in your interior decorating prowess!

Think about what era’s aesthetic is your favorite. If you’re a geometric design fan, it’s going to be the 20s. If you love that midcentury style, then it will be the 50s. If you’re more of a bright, brash and loud person, the 70s is where it’s at.

Have a Focal Point

Focal points are cornerstones of room design, and if you want to add a new element to your current decor, you’re going to need a new focal point to focus on. So take one or two rooms in your home, like the living room and the kitchen, and take your love of vintage to the max. After all, you don’t want your new highlights to be overbearing, but you still need to capture some ground with them.

For example, maybe you can use something like this Marilyn Monroe Ballerina print to tie a feature wall together? If you’re someone who loves the golden age of Hollywood, this is definitely a decor idea to consider! All in all, you need something to act as a statement piece, and then you can simply dress the room around it.

Dress Your Room Inside Out

Speaking of dressing the room, make sure it’s done from the inside out. You want your focus to be in the center, and for that impact to get less and less the further out of this area you go. For example, if you’re hanging 80s prints on the wall, you don’t also want to have an 80s style wallpaper underneath them. If you’ve got a vintage coffee table and bookshelf, make sure it’s layered against other contemporary furnishings.

Vintage decor uplifts any room you walk into. If you want your own style to have more personality, this is a great way to manage it.

Get Your Household Finances In Order This Year

A key focus of my blog is Financial Literacy/Money. Managing your household finances is critical as we are all businesses in and of ourselves. The following contributed post is entitled, Get Your Household Finances In Order This Year.

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Let 2022 be the year you will finally take charge of your family’s finances rather than allowing them to rule you. You realize it’s time to take financial freedom seriously. Here are six steps to follow.

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Keep Track Of What You Spend

Begin keeping track of your family’s spending. It will hurt at first. When you put in the work and look at where your money is going, you’ll notice why your savings fund isn’t where you want it to be. Create a spreadsheet, use an app, or simply write it all down. Discovering where your family’s money is going is the first step toward altering it. Everything from a quick trip to the corner store to hiring lawyers must be considered.

Make Use Of A Budget

Budgeting is difficult, but it does not have to be a stressful one. The first step is to identify a budget type that works for you. Discover what works best for you, whether it’s a notebook, an excel spreadsheet, computer software, or a budgeting app.

Be Prepared For An Emergency

If you’ve been adulting for years, unexpected bills seem to arise out of nowhere and usually at the worst possible time. It’s easy to overrun your budget if you don’t plan for the unexpected. When things go wrong in life, having an emergency fund can come in handy.

How much money should you save aside for a disaster? The amount is determined by your family’s circumstances. If you have steady work and decent insurance, 3 months of costs may be sufficient. A period of 6-12 months would be great. What if you continue to owe money? Begin slowly.

Create a $1,000 emergency savings first, then start on debt repayment. As your debt decreases, continue to add to your emergency fund until it satisfies your needs. Your emergency savings should be significant enough to provide you peace of mind while you seek to take charge of your family’s finances.

Get Rid Of As Much Debt As Possible

Debt extinguishes all financial goals and dreams. It will depress you and cause a great deal of frustration in your household. Make a strategy to repay all of your debts, whether they are credit card debt, college loans, or anything else. If you don’t, you’ll lose control.

There are numerous approaches to dealing with family debt. Debt snowball and avalanche techniques We’ll get to debt management measures shortly. Create a plan to pay off debt and bring your family out of the financial hole you’ve created, whether you picked the debt snowball, avalanche, or hurricane technique.

Future Investments

After you’ve watched every penny, become a budgeting expert, devised a strategy, set aside emergency cash, and paid off all your debts, you can contemplate financial investments in 2022. How can you put money down for your family’s future?

Perhaps you wish to retire early or leave your work to start your own business. Have you considered creating a family vacation fund to travel the world? Perhaps you want to save for your children’s college so they shouldn’t have to struggle as much as you did. All of this is something to think about now that your family has reached financial success.

So sit together with your spouse, identify some short and long-term financial goals, and start to work. The effort required to achieve these objectives will be worthwhile.

Startup: How To Start Your Own Bakery

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. A potentially lucrative business is starting you own bakery. The following contributed post is entitled, Startup: How To Start Your Own Bakery.

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Starting a bakery business from home can be a fun, rewarding, and profitable experience – but it can also be challenging.

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Here Are Some Tips To Help You Get Started:

Do Your Research

Before you start your bakery business, make sure you do your research and understand the industry. Learn about the different types of bakeries, what products they sell, what kind of equipment you need, and how much money you can expect to make. This information will help you make informed decisions about starting your own bakery.

Start Small

When starting a bakery business from home, it’s important to start small and grow your business gradually. This will allow you to test the waters and figure out what works and what doesn’t. It will also help you avoid any potential financial disasters in the early stages of your business.

Choose a Niche

In order to be successful, it’s important to choose a niche for your bakery business. This means specializing in a certain type of baked good, such as cupcakes, cookies, or loaves of bread. When you specialize in a particular type of baking, you can become an expert in that area and develop a following among consumers.

Invest In Quality Equipment

In order to run a successful bakery business from home, you need quality baking equipment. This includes ovens, mixers, dough sheeters, and other appliances necessary for baking. When choosing equipment, make sure to invest in quality brands that will last you for years.

Choose Your Recipes Wisely

Not all recipes are suited for baking in a home oven. Make sure to choose recipes that are feasible for baking at home, and test them out before rolling them out to your customers.

Build a Strong Team

In order to run a successful bakery, you’ll need a great team of employees. So take the time to find qualified bakers and pastry chefs who share your passion for baking.

Market Your Bakery

In order for people to know about your bakery, you need to market it effectively. This means creating a website, using social media platforms to advertise your business, and distributing flyers and brochures in local businesses and neighborhoods.

Offer Great Customer Service

One of the most important things you can do to make your bakery successful is to offer great customer service. This means greeting customers when they walk in, offering them samples of your products, and providing excellent service every time they visit your store.

Stay Organized

Running a bakery business from home can be chaotic if you’re not organized. Make sure you have a system for tracking orders, recording inventory, organizing your workspace, and ordering your custom plastic packaging. This will help you stay on top of everything and avoid any confusion or delays in shipping orders.

Be Patient

Starting a bakery business from home takes time and patience – don’t expect to become a millionaire overnight. It may take a few years for your business to become profitable, so be patient and keep working hard to promote your bakery.

Have Fun!

Running a bakery is a lot of work, but it can also be a lot of fun. Make sure you enjoy what you’re doing and take the time to celebrate your successes. With a little hard work and luck, your bakery business will be successful!

Your Business Needs To Stand Out In Order To Succeed

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. When you’re in business, you don’t want your operations to simply blend in with the crowd. You have to think of ways for to stand out. The following contributed post is entitled, Your Business Needs To Stand Out In Order To Succeed.

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Your business needs to stand out from all the others if you want to succeed on the market. There is no way around this as there are so many companies right now that it is always a difficult choice for potential customers. They have to look at a number of different factors to help them decide which route they should go down, and which business they should take a chance on. In this article, we’re going to be taking a look at some of the ways that you can make your business stand out and attract more customers. Keep reading down below if you would like to find out more.

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Fantastic Customer Service

First, you are going to need fantastic customer service. There are so many different ways to improve your customer service, starting with the way that your employees talk to your customers. They are people, not inconveniences, and if they have a problem, it is the job of your employees to fix it. We know that sometimes you get people complaining about things that are not your fault, and we know that some people can be rude and aggressive, but your staff need to maintain a professional tone throughout. Having said this, they do not have to deal with abuse, and it is okay to hang up and refuse to help someone who is behaving this way.

To elevate your customer service, you can do things like adding a live chat to your list of contact options, and having a number of languages available. For some people, English isn’t their first language, so they might find it easier to type their query where they can take their time, or speak in their own language.

Excellent Website

A second point that we would like to make is that you need an excellent website. If you notice, a lot of company websites are cookie cutters, meaning that they all look extremely similar. You don’t want this as it makes your business unmemorable which is the very last thing that you want to be. If you need some inspiration, you can look at some beautiful website designs that have been done fantastically and helped to bring in more conversions.

Of course, unless you have experience with website design, then you are going to need to hire a professional to help you. Choose someone who has experience in the field, and who can show you a track record of their work so that you can check they are right for you.

Up To Date Social Media

Have you even thought about social media? Living in the age of technology makes social media an absolute must. You aren’t going to be able to get through business life without utilizing social media for your business. To do this, you need to ensure that it is being updated regularly with enticing, engaging and informative content. This can include using polls to get answers and drive engagement on posts, or it can include using videos, photos and so much more in order to avoid it being boring blocks of text all the time.

Someone should be running the social media accounts, and that should be their job. This is a big job to manage as it has got to be done well, so it might even be wise to hire two people to manage this.

Traditional Marketing

Just because we live in the age of technology, does not mean that traditional marketing is dead, because it absolutely isn’t. There are still plenty of opportunities for this, and it’s still widely practiced because while it might be hard to believe, not everyone is on social media. This can include things like handing out leaflets, using billboards, looking at TV advertisements and so much more.

Speak to your marketing team about traditional marketing methods and which they think will benefit your business the most. Then, get to work implementing them to hopefully bring some more customers to your business! It might seem super simple and too good to be true, but we’re sure that you will see results.

We hope that you have found this article helpful, and now see some of the things that your business needs to do in order to stand out. This is going to be necessary if you want your business to be a success on the market like we know you do. As such, take the advice above, and we’re sure that you will be able to give your business the boost it needs to stick out sooner rather than later.

Running A Tight Ship Will Get You Everywhere In Business

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Despite what many think, running a business is not all fun and games. There are aspects of it that have to be closely watched. The following contributed post is entitled, Running A Tight Ship Will Get You Everywhere In Business.

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Have you ever heard of the expression ‘running a tight ship’? We’re sure that you have as it is a very common saying, and what it means is that you are managing it well. Things get done when they are supposed to be done, people don’t question you when you tell them to do something and so much more. Running a tight ship will get you everywhere in business, rather than letting everyone loose to do their own thing. In this article, we’re going to be taking a look at some of the things that you can do to run a tight ship, so keep reading down below if you would like to find out more.

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Always Know What’s Going On

You should always know what is going on in every area of your business. You should have your fingers in all of the pies so to speak, because if something goes wrong, you need to know where and why. You can only do this if you have an understanding of what has been happening up until this point in some capacity. Who knows, you may even be able to shut down a disaster in the making before it gets this far if you know what’s going on.

This is especially important if you are a fleet owner. You need to know where your vehicles are, what they are doing, and all other important information pertaining to the success of the job.

Random Performance Reviews

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If you want to run a tight ship and ensure that everyone is always going what they should be, you should announce random performance reviews. If nobody knows when they are going to be called in for a review, then they should always be working hard. Studies have shown in the past that if someone feel as though they are constantly being watched, whether they are or not, they are always going to behave as if they are. In this case, it means they will perform better and provide the business results that you need.

Sticking To Your Budget

When you set a budget, you didn’t do this for fun. You did it because your business needs to stick to some kind of budget in order to continue to be viable on the market. As such, your department heads need to be submitting you with what the money has been spent on, and any overspending has to be approved by you prior to ordering. This will help to keep the budget firmly in place.

Hopefully, you have found this article helpful, and now see some of the things that you should be doing to run a tight ship when it comes to your business. It’s important that you know what is going on in your business at all times, and that you are aware of all the things you need to be in order for your business to be a success. We wish you the very best of luck, and hope that you end up seeing success in your business.

Side Hustle Ideas For Creative People

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Many of us ponder starting side hustles that become income generators for us. What are some go ones though? The following contributed post is entitled, Side Hustle Ideas For Creative People.

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Nowadays, everyone has a side hustle they are working on in their spare time. If you have noticed that lots of your friends have extra cash to splash and have developed an entrepreneurial mindset, the chances are they have a side hustle. Using your spare time to earn extra money is a great way to boost your finances. Whether you are trying to pay off debt or saving for a down payment on a house, a side hustle could help you to reach your goal.

While there is no doubt side hustles are an extra way to generate an additional income stream, for many people, a side hustle provides more than just money. Working on a separate project away from a nine-to-five job enables people to focus on their interests and do something that gives them a sense of pride and satisfaction. Creative people can find it particularly hard to work a routine job and need an outlet for their artistry. Creating a side hustle provides the perfect creative outlet and also enables them to earn money at the same time. If you have a strong need to be creative, these side hustle ideas could be perfect for you:

Photographer

If you love to take photographs, taking this a step further could be an ideal side hustle. Working as a photographer could involve several different options. You may decide to take your own photos and then sell them at photography exhibitions. Alternatively, you may want to transform your photographs into artwork for products such as greetings cards, gift wrap, and stationery. Working as a wedding photographer is another option if you have the skills needed to produce professional-standard photographs.

Tattoo Artist

If you are a talented artist and love body art, training to become a tattoo artist could be your dream side hustle. Working as a tattoo artist is something you could fit into your evenings and weekends, as these are the times most people will likely want to book in to get their tattoos. Getting started as a tattoo artist does not happen overnight, so it is essential to be aware of the preparations you need to make before starting this side hustle. You will need to be trained in tattooing techniques, and you will need some equipment to get you started. Your basic kit will need to include items such as ink, needles, tattoo transfer paper, tips, grips, and tubes.

Jewelry Maker

Do you enjoy hands-on crafts and creating beautiful items for friends and family. If so, turning this passion into a side hustle could be a great idea. Jewelry making is an ideal side hustle for anyone passionate about accessories. The great thing about making jewelry is there are so many different styles and materials to work with and plenty of outlets where you can sell your makes.

Balancing a regular job with work in your spare time can be challenging, but who knows, what starts as a side hustle can transform itself into a lucrative full-time career.

5 Exercises To Help You Be More Peaceful

A key focus of my blog is Health/Wellness. In today’s digital and face paced world, an important key is being maintaining your mental health and being peaceful. There are exercises that can help with that. The following contributed post is entitled, 5 Exercises To Help You Be More Peaceful.

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Do you feel like you’re constantly on edge? Do you find yourself getting irritated or angry easily? If so, you may want to try some exercises that can help you be more peaceful. There are many different exercises that can help improve your peace of mind, and this blog post will discuss a few of them. You’ll also find some tips on how to get started. So if you’re looking for a way to reduce stress and anxiety, read on!

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#1 Yoga

There’s a reason yoga is so popular – it’s an amazing way to increase peace and relaxation. Yoga combines gentle stretching with deep breathing, and the combination of these two activities can be really beneficial for your mind and body.

If you’re not sure where to start, there are plenty of yoga classes available online or in your area. Just make sure to choose a class that is appropriate for your level of experience. Also, don’t feel like you have to do a full hour-long class. You can also try doing a few simple yoga poses at home to get started. Here are a few beginner poses to try:

● Child’s pose
● Downward facing dog
● Bridge pose
● Seated forward fold

#2 Meditation

Meditation is another excellent way to improve your peace of mind. In fact, research has shown that meditation can be helpful in reducing stress, anxiety, and depression. There are many different types of meditation, so find one that works best for you. If you’re new to meditation, it may be helpful to find a class or workshop in your area.

Or, you can check out some of the many meditation apps available online. Once you’ve learned the basics, try meditating for a few minutes each day. You may want to start with shorter sessions and work your way up to longer ones.

#3 Mindfulness

Mindfulness is a practice that can be helpful in improving your peace of mind. It involves paying attention to the present moment without judgment. This can be a difficult practice to master, but with time and patience, it can be really beneficial. There are many different ways to learn mindfulness, and you may want to explore a few different options before settling on one.

#4 Tai Chi

Tai Chi is a martial art that combines deep breathing with slow movement. This combination can be really beneficial for your mental and physical health. TCHI has been shown to improve mood, reduce stress, and improve flexibility. If you’re interested in learning this art, there are many classes available in your area.

#5 Gardening

Although not really considered an exercise, gardening can be a great way to improve your peace of mind. Not only does it provide you with a sense of accomplishment, but it can also be a relaxing activity. Gardening requires patience and focus, and it can be really helpful in reducing stress. If you don’t have a garden of your own, why not try volunteering at a local community garden?

In conclusion, there are many different exercises that can help you be more peaceful. These five are just a few of the options available to you. So if you’re looking for a way to reduce stress and anxiety, give them a try.

3 Genius Ways To Lower Your Office Energy Costs

Three focuses of my blog are Financial Literacy/Money, Business/Entrepreneurship and Workplace Discussions. If you’re running a business with a designated office space, you have to be mindful of your energy costs and usage. The following contributed post is entitled, 3 Genius Ways To Lower Your Office Energy Costs.

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Typically, your office will have some pretty high energy demands. You use a lot of electricity every single day to do your jobs, not to mention the energy spent on your heating and cooling system. As such, you end up with extortionate energy bills. While you might be able to claim these as a tax expense, it doesn’t stop the fact that you’re spending a lot of money every month, disrupting the cash flow for your business.

Luckily, there are three easy ways you can lower your office energy costs:

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Switch to more energy-efficient appliances

What equipment do you use in your office? Mainly, you will have computers, printers, and other things like this. Well, you can save energy by switching to more energy-efficient versions of these things. Instead of powering up big computers and monitors every single day, use laptops. They won’t need to be plugged into a power source the whole time, reducing the amount of electricity that you use. Instead of a standard coffee machine that’s plugged into the wall, get something like a filter coffee maker that doesn’t have such high energy demands. Little changes like this will make a massive difference.

Upgrade the roof

A lot of heat gets lost through the roof of your office, meaning winter energy bills can go through the roof (no pun intended). Therefore, you can fix the situation with a roofing upgrade. Install a better quality roof with better insulative properties. If your roof is already pretty good, you may only need a little bit of commercial roof repair to ensure that it retains as much heat as possible. For a more extravagant idea, adding solar panels to your roof will help you subsidize your electricity bill with free energy.

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Spend less time in the office

This is the best tip as it can drastically reduce your office energy demands. Since March 2020, we’ve all become aware that working from home really isn’t that bad. As a result, your business may want to consider implementing a day or two per week where people can work from home. This is a genius idea as it actually provides two advantages. Let’s say people work from home on Friday or Monday, it makes them feel like they’re having an extra day off work every week. Yes, they are still working hard, but they don’t have to get up as early, they can feel more relaxed, and there’s no afternoon commute through traffic to get home. Obviously, from an energy-saving perspective, if your office is empty for a day or two every week, you are using way less energy throughout the month. This translates to a lower energy bill that’s easier for your business to manage.

There you have it; three genius ways to lower your office energy bills without making major sacrifices. All of these ideas are super simple for a business to implement. You can choose to implement only one idea, but combining them together will give you the best results.

What Are The Common Causes Of Equipment Failure?

Two focuses of my blog are Technology and Workplace Discussions. If you’re running a business or workplace that utilizes equipment of any kind, the upkeep of that equipment should be of your utmost concern. The following contributed post is entitled, What Are The Common Causes Of Equipment Failure?

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Machine or equipment failures are very common. However, high repair costs, health and safety concerns, and poor service delivery can harm your business. The world’s biggest manufacturing firms lose almost $1 trillion annually due to machine failures! As a business owner, you should expect your equipment to break down from time to time. But you can prevent the frequency by understanding the factors that cause your machines to reduce their efficiency. Here are three common causes of equipment failure you should know.

1. Lack of technical know-how

Several people come around your equipment regularly whose actions could have a huge impact on its performance. Machine operators are usually the ones to operate machines the most. When they are properly trained, these operators can understand operation procedures, conduct basic trouble to solve any minor malfunction, and know the health and safety practices to adopt when operating machines.

On the other hand, an operator that has not been rigorously trained and doesn’t fully understand why or how a machine works is likely to cause significant damage to it. You must organize regular training sessions for operators to always prepare for unexpected or new issues. At the very least, they would be able to identify issues that are beyond their skills and report them. As a business owner, you must never permit an operator to use a machine they are not qualified to run.

2. Poor maintenance

Poor maintenance is one of the leading causes of equipment failure. Most machines need regular maintenance to ensure that it performs at their optimum. However, most businesses fail to conduct regular maintenance checks, especially when things seem to be running fine, and they assume that operators would bring up any potential issues. Unfortunately, that’s not the way to go. It isn’t easy to spot early signs of dwindling performance and efficiency. Regular maintenance helps you track your machine’s performance making it easier to identify subtle changes.

As a business owner, preventative maintenance is your best approach to ensuring that your machines don’t fail. It reduces your downtown by up to 75%. Regular tune-ups will extend your machine’s lifespan. You must also train your operators to identify the standard components for mechanical parts that need replacements.

3. Overworking your machines

When you purchase your equipment, you want to get the most out of its functions. That means you have to run them at their peak performance level. However, overworking your machines can cause them to break down much earlier than they should. Setting its performance at the highest all the time can put a massive strain on its components. Instead, ensure that you and the other machine operators understand how your machine works and how to set its performance based on the type of job it has to do.

Although extremely useful, machines can be very unpredictable. Therefore, it is important to familiarize yourself with some of the potential causes of their breakdown and identify ways to reduce such occurrences, so that your business doesn’t suffer.