Category: Financial Literacy and Money

Dr. Martin Luther King, Jr.’s final vision and Dr. Claud Anderson’s prophecies

“I fear, I am integrating my people into a burning house!”

Before I start this piece, I want to acknowledge the creator of its primary image. It was generated by “Creative Designs” by the very talented Tamara Coleman. If you want to learn more about Tamara and her work, contact her via email at: Tammy-cole@hotmail.com.

This Black History blog post falls under my principles of “Critical Thought” and “Financial Literacy/Money”. Here on my blog and on my YouTube channel, Big Discussions76, I challenge readers and viewers to question things and not just accept the images and messages fed to them. This is particularly important for this election year where we voters and sure to be slammed with all kinds of propaganda biased reporting by the mainstream news sources.

One of the interesting things about history is that he or she who controls the narrative controls the minds and the perceptions of the masses regarding what happened for a given person or event. Some argue that all the technology we have today has made the world worse, and there are cases where that’s true. I usually counter that sentiment by arguing that in some ways it has made it better. One way it has made the world better is through the ability to share information, so that more accurate and complete stories can be told.

When we think about Dr. Martin Luther King, Jr., we often think back to his historic ‘I Had A Dream’ Speech, his philosophy of non-violence, the marches, his time spent in jail and then his tragic assassination. But there was so much more to the legendary face of the Civil Rights Movement. In my 2019 blog post entitled, Whose Job Is It To Teach Black History?, I discussed Dr. Michael Eric Dyson’s revelation that Dr. King had extramarital affairs and why I thought it was important to know about them – something also covered in the movie “Selma”.

Another important revelation for me regarding Dr. King was my mentor sharing that just as many black people wanted to take his life as white people, if not more. It’s odd (and unsettling) to think something like that could happen, but information and perspectives that are being shared now may give insight as to why. Something that classically hasn’t gotten as much exposure, but which is now gaining traction in certain circles today, is Dr. King’s final thoughts on his life’s work.

Dr. King’s signature victory was the Civil Rights Act of 1964, but it turns out that before his death, he wondered if he’d spent his life fighting for the wrong things. He pondered if he’d led his people in the wrong direction as discussed in the opening quote of this blog post. This is a good place to ask an important question. What exactly happened in 1968 that warranted Dr. King’s assassination as opposed to one of the previous years? A prevalent theory is that Dr. King’s focus had shifted from social integration and desegregation to economic and financial equality/power and empowerment. His final effort was in fact the “Poor People’s Campaign”.

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“In a race-based society, it’s what you own and control that determines your opportunities, rights and privileges! This doesn’t have a darn thing to do with Civil Rights! That’s a waste of time! It doesn’t have anything to do with voting!”

At this point I want to introduce Dr. Claud Anderson and then I’m going to bring the two men together at the conclusion of this piece. For those unfamiliar with him, Dr. Claud Anderson is an author/economist/historian and a former cabinet member of President Jimmy Carter. For 40 plus years of my life, I was unaware of Dr. Anderson and I only became aware of him due to the vigilance of Dr. Boyce Watkins, who I watch regularly on YouTube and who I also follow on Twitter. This, in part, underscores the good our new technologies have done.

Dr. Watkins is unapologetically black, a staunch advocate of black love, is considered controversial by some and while he regularly weighs in on some of the social issues of the day (recently Lizzo for example), his background is in economics, money and investing. His core messages are thus about black people learning how to invest and build businesses. He’s very, very passionate about black kids learning to buy stock and build businesses as early as possible and has programs for teaching such skills to both children and adults. He argues that this is more important than our kids learning to do the latest dances or excelling at football or basketball.

I don’t recall when Dr. Watkins started bringing Dr. Claud Anderson onto his show, but once he did it was easy to see why, and why he looks upon Dr. Anderson with such reverence. I’d encourage any readers to look up any of Dr. Anderson’s discussions with Dr. Watkins, and then any of Dr. Anderson’s abundance of interviews available on YouTube. He had a powerful discussion with the popular ‘Breakfast Club‘, and over the holiday season I stumbled upon an interview of Dr. Anderson from 1995 in Detroit. He had another powerful interview with Rock Newman here in DC. I’d embed these interviews right here into my blog post, but I don’t want any kind of copyright infringement claims against me. I’ll thus share the links to the interviews:

• Dr. Claud Anderson Discusses America’s Race Based Society, Powernomics + More (The Breakfast Club)
• Dr. Claud Anderson on the Rock Newman Show
• Powernomics – 1995 Detroit Black Journal Full Episode

What’s remarkable about the 1995 interview was that Dr. Anderson spoke on everything that’s unfolding today. One point was the efforts to bring in immigrants into the United States to undermine the black vote and I’ll leave that there. It’s a very polarizing topic as ironically many black people support the same politicians who are looking to enforce these policies. The year of 1995 was just prior to the internet becoming mainstream. Interestingly, even when transferring to my Historically Black College/University (HBCU), I don’t remember any mention of Dr. Anderson, which is very strange. As noted before, the same is true for intellectuals like Dr. Thomas Sowell and Dr. Walter E. Williams, black conservatives, but ‘intellectual heavyweights’ nonetheless.

Then again, it’s not strange as Dr. Anderson discussed how the individuals who decide which books will be used at HBCUs don’t want his books there during his interview with the Breakfast Club. While I recommended three of Dr. Anderson’s interviews above, and while I’m going to recommend his books below, in watching and reading Dr. Anderson’s content, I must warn you. If you’re a Barrack Obama enthusiast who was in love with the symbolism of his presidency, or even a staunch Democrat, his words aren’t kind to either. He’s not a pro-Trumper by any means, but he’s very open about the political class’ role in the state of Black America now. By the way, many, many criticisms of Barrack Obama’s legacy are emerging within the black community these days and can at least in part be attributed to what happened to Senator Kamala Harris in the Democratic primary.

With the videos I’ve listed, you can go watch and learn more for yourself. For the sake of this post, I’m just going to focus on three things. The first is Dr. Anderson’s plan for empowering black communities across the United States, much of which can be done by the communities themselves without outside help. He described the following points with hosts “DJ Envy” and “Charlemagne THA God” on the Breakfast Club. He described black economic empowerment (by the black community itself) as building a proverbial building with multiple floors:

• First Floor– Build a community and practice ‘group economics’; particularly making the money ‘bounce’ in the community 8-12 times before it leaves (discussed below).
• Second Floor– Politics; without economics there’s no ability to influence politicians or elections as a group; Voting is immaterial and a game of entertainment; You buy or rent the politicians.
• Third Floor– Use the politicians to influence the court systems and law enforcement to decrease things like police brutality.
• Fourth Floor– Media; If you don’t own media, you can’t organize, communicate or motivate.
• Fifth Floor– Education; Interestingly the final level, but according to his logic it makes sense as there would theoretically be the existence of black businesses for our young professionals to start working in.

The second point I want to focus on is that of black people relearning how to ‘bounce’ their money in the black community as described above. In this context, bouncing simply refers to spending money within the community to give those there the opportunity to benefit from it long-term. Dr. Anderson argues eloquently that of all the other races and ethnic groups, the black dollar bounces the least within its own community before quickly leaving. In the Black History-related piece following this one, I’m going to discuss whether racial desegregation irreversibly started the process of destroying black businesses. An example of supporting a black business is patronizing the above-mentioned Tamara Coleman who created the primary image of this piece.

My final point regarding Dr. Anderson is that of ’Reparations’ which is basically the reconciling of the debt and economic disparities by the United States believed to be owed to the descendants of slaves created by the ‘Chattel Slavery’ and Jim Crow. I’m not going argue whether black people should get them here, though it is interesting that groups like Japanese Americans got something following World War 2. Other groups apparently got similar severances. I’ll just say that Dr. Anderson is a staunch advocate of reparations and don’t be surprised to see a further fractured black vote in the 2020 general election due to this one issue which was in large part brought to the forefront by the Obama Presidency.

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I’d encourage readers to purchase copies of Dr. Anderson’s books which it seems are not available at HBCUs as described above. I asked for and received Dr. Anderson’s three books last year for Christmas: Powernomics, The Black History Reader and Black Labor-White Wealth. Again, he has in large part been kept out of mainstream media and, based upon his messages, it’s not surprising why. I would also encourage readers to visit Dr. Anderson’s “Harvest Institute” to learn more about his efforts and to make a donation if you’re motivated to do so.

So, what does all this have to do with Dr. Martin Luther King, Jr? Well, it relates directly to his vision of the burning house. Were his efforts in large part directed in the wrong direction? Was it always economics? Did desegregation ultimately have harmful effects on Black America, causing all our black businesses to wither away and die? Also, have we become a permanent underclass as described by Dr. Claud Anderson?

In terms of reparations, based upon responses by then Democratic candidate, Kamala Harris, and remaining candidates like Bernie Sanders and Elizabeth Warren, I’m not going to hold my breath for them. Part of Dr. Claud Anderson’s ‘Gospel’ regarding economic empowerment though is hopeful and suggests that black people as a group can still coalesce and build something. The question is ‘will we?’.

It would require a mass shift in mindset which is the hardest part. If you watch Dr. Boyce Watkins’ content, he’s shared frustrations numerous times about black people as a group not being interested in learning about economics and financial literacy. Some are, but personally I thought it was odd that it took something like Jay-Z’s ‘444’ album to get black people talking about these topics at least for a little while. Again, some of us are interested in this stuff and actively talk about it and study it, but the majority isn’t. A small group will thus likely thrive while the majority may not as much.

If money, financial literacy and business topics fascinate you, I have a wealth of content on that now right here on the Big Words Blog Site. As a matter fact, my blogging platform was rated one of the “10 Best Financial Education Blogs” by the company “Expertido” for 2019. I’ve written several ‘literary’ pieces about some basics of budgeting and topics regarding things like “Matching Contributions”. My pieces are usually personal stories discussing my journey learning these concepts.

Working with a collaborator, I’ve published profuse amounts of content in the areas of Financial Literacy/Money and Business/Entrepreneurship. These are smaller informational pieces you can read through in five minutes or less. Just go to the categories tab on my platform and choose one of those categories. I also discuss money topics on my YouTube channel entitled, Big Discussions76. Please stop by, subscribe and find the playlist entitled, “Big Discussions Financial Literacy”.

As Black History Month approaches, I’ll be publishing another piece specifically focusing on whether Civil Rights and desegregation hurt Black America. Thank you for reading this piece. I want to thank Dr. Boyce Watkins for his hard work in trying to get his money messages out to our people, and for getting Dr. Claud Anderson out into the spotlight where he has always belonged. Again, for 40 years of my life I had no idea who he was and I’m not alone. That’s a major problem, but if you understand economics and media as I do now, it’s not unexpected.

Thank you for taking the time to read this blog post. If you enjoyed this one, you might also enjoy:

• Should HBCUs teach their students financial literacy and about the business of higher education?
• Are you Cooning? Thoughts on Black America’s new favorite racial slur, critical thought, and groupthink
• A Black History Month reflection on Percy Julian
• A Black History Month interview with Dr. Vernon Morris
• A Black History Month look at West Indian Archie
• A review of Marvel’s Black Panther
• A review of Hidden Figures
• A review of All Eyez On Me

If you’ve found value here and think it would benefit others, please share it and/or leave a comment. I’ve recently started a YouTube channel, so please visit me at Big Discussions76. To receive all the most up to date content from the Big Words Blog Site, subscribe using the subscription box in the right-hand column in this post and throughout the site, or add my RSS feed to your feedreader. You can follow me on the Big Words Blog Site Facebook page, and Twitter at @BWArePowerful. Lastly, you can follow me on Instagram at @anwaryusef76. While my main areas of focus are Education, STEM and Financial Literacy, there are other blogs/sites I endorse which can be found on that particular page of my site.

Science And Investment Opportunities

Two of the focuses of my blog are Financial Literacy and STEM (Science, Technology, Engineering and Mathematics). For those individuals with a mind and aptitude for investing, there are lots of opportunities in the sciences. The following contributed post is entitled, Science And Investment Opportunities.

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Science And Investment Opportunities

There are many people around the world that are looking for places to invest their money. Whether it’s a charitable cause, or an investment opportunity that hopefully will bring big Returns. So when it comes to investment and the Sciences, where can we invest our money for either life and will changing reasons, or for a return on investment? It can be a minefield, and it’s important to know that the advice and and and information that you may receive when doing your research, is not everything, you have to really consider all of the alternatives and make the right investment choice for you. So where can we mix science and Investment? The first thing to think about is how much money you are looking to invest in the first place and once you know no this you will know where to start.

Photo by William Iven on Unsplash

Education
Education is, of course, the basis for any improvement. Improvement of the way we live, and the way we look after our planet, and this is an important aspect of investment. Investing money into the education of younger people, and for the Education of people who may not otherwise have access, means that we are likely to move forward in the future. Giving access to education to many people means that one or two who are going to make changes in the world are able to do so. The way in which we can move forward and educate the population is a fantastic opportunity. But it relies on investment. Whether that’s from personal, or business investments, it makes no difference as long as as.the funds get to the right places.

Research
Research in science is, of course, essential, researching new ways in which you can treat illnesses, such as cancer, and researching alternatives two fossil fuels, for example, can make a huge difference to the planet. The only way we have reached the current medical advances, and spectacular technology we that we have no, is through research. But we need the funding to be able to drive this sort of research. And many of us benefit from these advances. So whether you’re investing gold bullion via ABC refinery, or investing your time, there is is no end to the benefits of research in science. It can take decades to reach a breakthrough, and this, of course, equates to a lot of money. But to actually advanced and evolved, we all have to make investments into this industry.

Climate Change
Climate change is a big talking point all around the world at the moment. And 99% of scientists agree that unless changes are made then the human race is going to suffer from the effects of climate change. This, of course, means that we need to have more investment opportunities, the right people, and the right research being done on alternatives and ways in which we can improve the planet. Humans are no longer and wittingly causing damage to the earth, so it is important that we invest as much as we can into reversing the effects of this damage.

Is Expansion On The Cards For Your Business?

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. If your business is one of the lucky ones to make it past its early stages, you will likely think about expansion. Before expanding your operations, there are some things you want to think our first before investing the necessary resources. The following contributed post is entitled, Is Expansion On The Cards For Your Business?

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Expansion is something a lot of small business owners dream about. You think of the day you can open up a second location, or take on more staff to help deal with the influx of customers coming your way. It’s one of the best signs of business success, and you can only hope things will turn out this way sooner rather than later.

But at the same time, you need to be ready for expansion, and to be able to spot the signs of when it’s coming. So, we’ve listed a few questions below that you’ll want to keep in mind when looking at your books. If expansion is on the cards, these little thought statements will help you to keep an eye out for the opportunity.

Pexels Image – CC0 Licence

Do You Have a Steady Flow of Customers?

A steady flow of customers means a steady cash flow, in and out of your business. And if you’ve got enough customers to ensure your profit margin is always bigger than your costs margin, it’s a good sign you’re ready to take on more.

After all, if you can always turn a profit based on the limited resources you have at the moment, what kind of positive impact could another location or more people to service your customers have on your business?

Are You in Need of Another Office?

Another office is a good thing to have in your collection of business assets. It ensures you’ve got more than one location to work in, and that means you can cover more and more area around you. Sure, you’ve got the online world to rely on, meaning your virtual reach is massive and untouchable, but you need a similar tangible reach to rely on as well.

Setting up satellite offices might seem costly and unnecessary at first, but if more and more people outside of your local area are becoming interested in your business, it might just be the perfect solution. You’ll have another office to work out of, closer to your new source of custom, and that makes business convenient for both sides of the equation.

Is Your Team Eager for More?

Of course, your team needs to come into a decision like this as well. If you’ve got a strong team around you, who are capable of working together and taking initiative as and when it’s needed, it’s a good sign you can take on more business and assign tasks out accordingly.

At the same time, your team members might just be eager for more too. After all, they’re professionals in their own right, and have ambitions and goals just like you do. If you can help them take their professional acumen to new heights, they’ll do their best work for your business.

Expansion is something a lot of small business owners look forward to, and now might just be your chance to make it happen. After all, the sooner you’re ready for expansion, the better your business accounts look.

The Right Mindset for Successfully Working for Yourself

Three of the focuses of my blog are Career Discussions, Financial Literacy/Money and Business/Entrepreneurship. While going into business and working for yourself is highly glamorized, there are stark realities to it. There are a whole host of aspects and responsibilities an employee doesn’t face. The following contributed post is entitled, The Right Mindset for Successfully Working for Yourself.

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Pixabay CC0 License

Transitioning from being an employee in the traditional sense, to “being your own boss” and running your own business, is certainly fulfilling and uplifting in many ways; but it’s also deeply challenging in many other ways.

While everyone generally likes to think of all the perks of being self-employed – things such as setting your own hours, and not having to be accountable to a boss you hate – there often isn’t enough attention paid to getting the right mindset and expectations in place, to actually make a success of the venture.

Here are a few mindset adjustments to make, in order to successfully work for yourself.

Everything is your responsibility now – so you absolutely have to plan and prepare accordingly

If you’re working as an employee for a large company, it is quite likely that such questions as whether or not the uniforms are made of antimicrobial scrub fabric, have nothing to do with you at all, unless your compartmentalised role within the company happens to be dealing with such issues.

When you are self-employed, though, everything is your personal responsibility – and you absolutely have to plan and prepare accordingly, on the assumption that no one else is going to swoop in and pick up the slack.

This means being as orderly as you can possibly be. It means having a very robust task and project management system, staying on top of your calendar, being punctual with appointments, and just generally being prepared every step of the way.

Your own level of discipline and grit will have a totally decisive impact on how successful you can expect to be

Being self-employed is hard work – and especially if you’re trying to create a new business from the ground up and make a success of it.

That being the case, you can expect that you will have to work long shifts on a regular basis, will have to push forward in spite of frequent frustration and disheartenment, and will have to exercise a level of grit and discipline above and beyond the ordinary.

The bottom line is that your level of discipline and grit will have a decisive impact on how successful you can expect to be. So, if you’re not ready to be your own taskmaster, you should probably either get ready quickly, or go do something else.

You are your number one resource and asset – so take your own health and well-being seriously

Although you will have to work hard and be organised, you shouldn’t fall into the trap that many self-employed people do, of running themselves absolutely ragged until a major “crash” results.

Remember that you are your number one resource and asset, and that you should be taking care of your health not only for its own sake (although that is, of course, self-evidently something you should do), but also so that you can continue to be the most productive and driven version of yourself at work.

What’s true for your physical health is true for your general well-being, too.

Eat good, nutritious food, make sure to get enough sleep, and have some fun when you can, in your free time.

Why Personal Branding Is Essential

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. No matter what your business is, a key to is your branding. Your personal branding will set you apart from your competition. The following contributed post is entitled, Why Personal Branding Is Essential.

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This is a competitive world that we live in, and it’s not always (or ever) as easy to get ahead as we would like it to be. There’s always competition for jobs, or for the products and services that we are trying to sell. All we can do is our best, and hope that people take notice. There is, on occasion, ways that we hold ourselves back, however — for example, if you’re not investing in your personal brand, then you’re missing out on an opportunity to show off your credibility and professionalism.

But what’s personal branding all about, anyway? It’s a term that you hear often, but it’s not always so clear as to what it involves. Essentially, it’s all about controlling your own message. It’s about ensuring that people that are searching for you see the values that they want you to see, and not anything that might harm your reputation and cost you business. With the rise of the internet, it is easier to look up people than ever before. This is why personal branding is such a priority for executives and professionals; they know that their business may be harmed if it’s not watertight.

Personal branding can also be used during the job search. All large companies do a background check on their candidates, and it’s usually the ones that have put the time into making their personal brand as watertight as possible that get ahead. To learn more about the importance of personal branding, take a look at the infographic below.


Infographic design by University of Maryland University of Maryland

3 Ways To Ensure Your Accounts Are Up To Date

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. A significant part of a business is accounting. Depending on the volume of your business, a major challenge may be making sure that your accounts are up to date. The following contributed post is entitled, 3 Ways To Ensure Your Accounts Are Up To Date.

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When you’re a business owner, making sure your accounts are up to date is one of the most important things you’ll do. This ensures you’re paying the right taxes and claiming the right expenses, and that everything is above board. It can be difficult to do this, and it can take a lot of time that you simply don’t have if you’re doing it inefficiently. Below, you’ll find 3 ways you can ensure your accounts are up to date:

1. Use An App
Start by using an app. An app like Quikbooks can be a huge help and can help you to keep track of absolutely everything so that you don’t need to worry about missing anything out or forgetting anything. Although it may cost a little, there are free apps available for when you’re just starting out.

2. Outsource
Alternatively, you can outsource your accounts to another company. This way, it’s not taking up any of your valuable time and you’re still free to do what you’re best at.

3. Hire In House
Alternatively, you could hire an accountant or accounting team in house to take care of everything for you. However, if you do decide to hire, then it’s a good idea to be aware of the trends in accounting so you can make the right decision. The infographic below will help clue you in so you can decide exactly what you want to do.


credit to University of Alabama Birmingham

Preparing to Start Your Own Business

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Starting your own business can be a massive endeavor which many people talk about, but only a few do. There are steps to consider before starting your business. The following contributed post is entitled, Preparing to Start Your Own Business.

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Developing your business can be an exciting time. The desire to get things moving and set up can be overwhelming and potentially lead to something being overlooked. Just as you wouldn’t build a house without a solid foundation, it isn’t advisable to jump straight into a new business without having a solid business plan in place.

Image Credit: Pexels CC0 License

Putting the effort in before you open for business will help you to reap the rewards of your hard work once you are up and running. There is a lot of talk about building a business plan for now, and the future of your new company – knowing what needs to be done and getting it done to reach your goals is something every business owner should be doing.

The simple fact is, setting up a new business can be a difficult and stressful time. So how can you make sure it runs smoothly so you don’t burn yourself out before you even start trading as a company?

Plan Ahead.

The rules for business vary from state to state and are dependant on the sector you are going into. Taking the time to get all the necessary permits, licenses and insurances well ahead of time will take a huge weight off your mind. The last thing you want to be doing is cutting it fine by not having all your paperwork in order for opening day.

Try not to leave anything to the last minute. This will cause issues later on as you start to run out of time

Register your business.

Make sure your business is legal as soon as possible.

● Tax
● Bank Accounts
● Insurances
● Phone Number
● Be compliant with state regulations
● Find a business lawyer.

There are different acts you need to make sure you are compliant with before you start trading. For example, for those looking to set up in the financial industry, hiring a compliance consultant such as Scott Robert can make sure you are legal and ready to accept business before your go-live date.

Look After Yourself.

The last thing you want is to be burnt out before you even start trading. The only way to ensure this doesn’t happen is to make sure you are looking after yourself in the run-up to opening day.

Eating well, getting enough sleep and exercising is all part of a healthy lifestyle and is more important when you are taking on a new project. Set yourself boundaries and clear working hours to help you separate business and work life.

Believe in Yourself.

You know what you are doing, you are well versed and experienced in your sector so relaxed. Trust your instincts and have faith that you know what you are doing. If you have uncertainties, then look to do something about this. Brush up on any areas you are lacking knowledge in. Take a course or even hire someone to take care of this for you or teach you all you need to know.

Be confident in your abilities and the hard work you’ve put in to get to this point.

Home Work: 4 Ways To Ready Your Home-Based Business For The Next Phase

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Home-based businesses are some of the most effective enterprises out there. If you’ve had some initial success, you’ll want to take your business to the next level. The following contributed post is entitled, Home Work: 4 Ways To Ready Your Home-Based Business For The Next Phase.

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Pexels – CC0 Licence

The vast majority of us have no choice but to start our business in modest surroundings. While you might have dreams about acquiring a commercial property when you are running a home-based business you need to put a lot of leg work into it. And whether it’s become a full-time endeavor or a side hustle that’s making significant inroads, what do you need to do to ensure that your business is ready for the next phase?

Getting Your Finances In Order
For those people who start with a modest side hustle, it can get to the point where you’ve got to have your books in order. When you are at the point where you’ve got to start paying your tax it can benefit to get a QuickBooks accountant so you don’t have to keep track of everything. If you are somebody who has already been in charge of your finances, an accountant can give you a new perspective of things. It’s not just about cooking the books but it’s about addressing areas that can be reduced. Accountants can also provide you with invaluable information relating to tax breaks.

Diversify Your Marketing Efforts
Whether you’ve been using affiliate marketing techniques or have been able to get a dedicated group of customers without necessarily advertising your products, when you start to improve your efforts you will begin to see significant returns. Marketing is one of those things that can seem like an expensive investment. While so many people use social media as the one singular way of marketing, setting up your own website and creating marketing strategies to acquire extra custom will make sure that you stay competitive.

Focus On Fine-Tuning The Processes
Look at what you’ve done right and start to see if the process can be shortened. Working at home means you have your own way of working but when you struggle to find a new approach you might be losing time, and therefore, money. There are numerous ways to help a business improve its processes. Automation is one of the best ways to help any company make more of its processes. A small home-based business usually means that you do everything. And even if you’re not able to automate if you can find ways of doing things quicker, for example, dictating emails rather than typing them gives you the opportunity to multitask more effectively.

Start To Employ
Part of readying your business for the next phase is about getting additional help to push your products. It’s all about supply and demand. Even if you have the money you might think that it’s worth purchasing more products to be ready for market demand. The same applies to employees. To begin with, it might just help by getting a family member to help you out. This is cheap labor after all! But when you need to make significant inroads and require people with skill this is when you can start to hire freelancers and then get a full-time employee. It’s not as anxiety-inducing as you may think. The key is about looking at what you really need and finding a person that fits the mold.

Deep Cleaning The Office: The Why, How & When

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. A key to running any business or organization is keeping your office both clean and efficient. There are several considerations for cleaning your office effectively. The following contributed post is entitled, Deep Cleaning The Office: The Why, How & When.

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Credit – CCO Licence

It is important for any workplace that it is clean enough to work in. having a clean office is important for a number of reasons, which we will look in some detail at below. But whatever your main reasons for doing so are, it is valuable to ensure that you are clued up on how you should be doing it and when, or how often. It is especially valuable to deep clean regularly, and this is specifically what we are going to look at in this article. You will find that as long as you follow the advice in this article, your business is going to be much more successful, your employees happier, and your work day much more of a joy. Let’s take a look at this a little more closely now.

Why

Keeping a clean office means that your employees are going to be much happier, and that improvement in morale is central to ensuring that you are running a strong business. You are also going to find that you are sticking to the health and safety protocols which you need to follow by law, and in order to keep your people happy in that respect too. Having an office which is deep cleaned will help to keep illness low as well, which enables you to keep your employees coming into work, and helps to keep productivity up. As you can see, there are plenty of great reasons to undergo regular, thorough deep cleaning of your office. But how should you do so?

How

In essence, you need to make sure that you have a professional team working for you, who are going to be able to clean the office regularly. You will need the office cleaned lightly once a day after everyone has gone home, and about once a week for a deep clean, so make sure to hire teams for both of those purposes. You should also focus on what methods are best for a proper deep clean, so you and your staff all know about it. That could include using commercial cleaning products for desks and related areas, a commercial steam cleaner for the floors, and especially commercial products for the bathroom areas. If you do that, the place is going to be much cleaner indeed.

When

As we have indicated, such a deep clean should be carried out roughly once a week. But you might also want to have an extra-deep clean once a month or so, just to make sure that you are really keeping the place spotless. And those daily cleaning rituals are going to be so important for ensuring that the deep cleans are easier too, so remember to clean the office a little daily too. Finally, remember that you might need to sometimes clean the office on a special occasion, such as when visitors are coming or you are using the office to host a corporate event. Bear all this in mind, and your office should look its best at all times.

What To Look For In A Commercial Property

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Part of the success of your business is finding the right commercial property in terms of cost and location. The right property can make difference between your business succeeding or failing. The following contributed post is entitled, What To Look For In A Commercial Property.

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Restaurants, stores, and many other enterprises require commercial property to run their business. Of course, that means that choosing the right one is a pretty important task. In fact, if you select poorly, you can affect all sorts of aspects of your business that will impact on your profits. With that in mind, check out my post below that covers the most essential things a commercial property needs to have.

Image found at Pixabay – License CC0

Smart exterior

First impressions really matter when it comes to commercial property. After all, it will be hard to tempt customers inside if the exterior of your premises looks run down and shabby. To that end, you must consider three things.

The first is the style of the building you choose, as this needs to gel with your brand identity. For example, an antique store will often select an older historic building. While an on-trend clothing shop will opt for a new custom-built home.

The second is the signage that you display, which you can read about at https://retailminded.com/4-tips-for-designing-great-storefront-signage/. This being something that needs to not only be a good representation of your business’s branding but look smart and well maintained too.

Finally, do not forget that the way the outside of your premises is decorated will make a massive impact on how customers perceive your business as well.

To that end using commercial wall panelling like the stuff you can get at https://www.nichiha.com/commercial-applications can be very effective indeed. In fact, you can even have come with a built-in rain screen, so your window displays and ambience can stay visible even in bad weather. This being something that will help to temp more customers through your doors.

Good location

The location of the commercial property that you pick matters as well. In fact, there are two elements you must consider here. The first as highlighted in the post at https://www.smallbizdaily.com/4-tips-choosing-right-property-business/ is footfall. That is you need to select a location where you will get enough potential customers walking buy to meet your sales targets. Something that means a high street or retail park location is usually the best bet.

While the second is logistics. That is enough space for deliveries to be made to your business without causing chaos and disruption. Something that retail parks often do much better on. The reason being that they are designed with rear loading bays that cause no inconvenience to your customers.

Ample security

Finally, when it comes to finding the perfect commercial property for your business, you do need to think about security. Of course, some units will come with security features already added including CCTV, alarm systems, and even links to a site security team.

However, if you are looking at a property that does not have these, you must carefully consider whether you will be able to install your own effectively. Otherwise, you could end up taking a much higher risk with such a property than you bargained for. A situation that could end in disaster if you are unfortunate to have someone try and break-in. Therefore making such a commercial property anything less than ideal for your business.