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Tag Archives: Emerging Markets

Technological Tips that Make Management a Breeze

Office management involves the ability to handle various tasks and responsibilities of that capacity. A good Office Manager is the one who ensures that all he deals with all the duties of the office responsibly. The core duty of an Office manager is to control and improve the logistics within the office to ensure support for all employees of the enterprise. An Office Manager also controls checkbook IRA for every employee. As an Office Manager, you take up various tasks such as being the office shopper, overseer, financial advisor and event scheduler.

 

An office manager cannot manage all the roles that are involved in office management unless he has employed sophisticated office management software and tools. This factor makes office management enjoyable and easy to handle.

 

The following are some of the most useful office management tools that can help you to improve your management skills in an office.

 

The Scrum Board

This tool is popularly known for software businesses. It is a management strategy that allows enterprises to adapt to changes quickly and also reduce unhealthy lagging. Jeff Sutherland established this style in 1993, and it has been used by various organizations such as government agencies and car companies to achieve their goals. The tool enables companies to attain their planned programs within the set timelines. Scrum involves the following steps.

  • Hurries that are aimed at reaching the project’s milestone. This process takes a maximum of two weeks.
  • Monitoring of all the elements of the projects by use of daily stand-ups.
  • A scrum board. This function is meant to trace the progress of every department regarding completion of the project.
  • Continuous advancement of the project objectives to ensure that the customer’s needs and desires are met.

 

Customer Relationship Management Insightly

A business will have to serve customers regardless of it being a B2C or B2B. It may sound impossible to keep track of all the business customers, but Insightly gives you the ability to manage all of them efficiently. The tool enables you to organize all of your clients and also allows you to manage projects. Additionally, Insightly can detect every social media account that is associated with your customers’ email addresses. The application brings all your clients’ information in one place and the long run, you get some easy tasks in the office.

 

Hipmunk for Travel

Everyone finds it easy to organize for their traveling programs. It becomes complex when as an Office Manager, the company requires you to plan for a travel program of a section of employees. It is a different, arduous duty. Fortunately, Hipmunk makes everything easy for you in this case. The tool advertises thousands of hotels and flight while comparing them from various sources. The App allows to compare the flight and also directs you to the location of the hotel that you booked. The style also allows you to purchase a package. This puts your trip into a one-easy transaction.

 

Amazon Business

Ordering products needed for office management is probably one of the hardest and tiresome exercises in office management. Some of the products that are always used in an office include notepads, printer inks, and company jumpsuits. Amazon Business is the best helper for you when it comes to ordering office products. Amazon offers you free two-day shipping and allows you to open numerous accounts that can be used by other employees to purchase goods.

 

HootSuite for Social Media Management

You may not be tasked with the responsibility of managing your company’s social media as an Office Manager, but it is imperative to keep an eye on the things that are posted on the accounts. In such an instance, HootSuite can become all that you need. The App enables you to schedule various posts of more than 35 networks. It can also allow you to monitor how the company’s posts are doing and check what people post about the company.

 

All the tools that are discussed in this article are essential to tackle various roles in office management. A combination of them can make the exercise a real breeze. Make a wise choice of the ones that best fit for the tasks you are responsible for as an Office Manager in your particular company.

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Investment Tips before Investing In Private Companies

Investors seeking to invest in private companies will admit that it is not an easy decision, owing to the risks involved, long-term investments and liquidity issues. Whether you are investing in a private company for the first time or you have invested in over 100 companies, it pays to learn the basics so that you don’t make mistakes. For starters, you need to understand what you want to gain from the investment, but don’t primarily focus on making money. Investors seeking to invest in companies should pursue projects that they are familiar with, have a passion for, and have background knowledge on so that they can easily make more money. Besides, investors should also consider these other things before investing in companies.

 

Have diversified strategies

You are not likely to be a successful investor if you put all your money in only three or four companies. Studies reveal that successful private investors invest in between seven to ten companies. In fact, angel investors have about nine years of experience, and they have an average of one investment per year. Therefore, you should identify the amount of money you plan to allocate to that class so that you can diversify your investments to increase success odds and reduce risks.

 

Talk to customers

You need to get more customer data so that you make the right investment decision. In fact, you should talk to not less than five customers who use the service or product. It will enable you to understand from the first-hand users of products or services the void that the brand fills as well as what they like about it. When talking to them, find out if there is an alternative product or service that they would use in place of the product or service. You should find out if they would still use the brand if competitors drop the prices, why they would or would not consider using another product so that you can gauge their loyalty to your product. Most importantly, find out from the customers if they can refer other people to use the product. Investors should pay attention to the kind of customers that the company has, and they can feel safe if the customers promote the product.

 

Know the exit strategy

You should understand the exit scenarios of the sector that you want. Consider how big the company needs to be and the margins so that it can go public or have an attractive acquisition target. Also, you should understand the options available to you as the investor when buying or selling specific underlying equity. Investors can be a short or long put strategy based on the rights to sell the specific investment.

 

Talk to an expert

Investors should talk to experts in the sector that they have interest in, to get advice on various issues such as the viability of the industry. You can look for financial experts in that sector rather than in other sectors because the later might not be knowledgeable in your business of interest. Also, you should ensure that you talk to an attorney so that you know legal requirements such as legal documents when investing in private companies. Let your lawyer see all the documents to get feedback. Investors should understand their lawyer’s points even if they don’t care about them.

 

Know the deal

Investors should know how the deal structure and the company’s valuation stack up against other companies in the sector. They need to consider the valuation relative to other companies depending on several factors such as growth rate, capital structure, revenue, risk profile, and net income. You should avoid companies with a high valuation.

 

Understand the business

Investors should invest in what they know, which means that they should use their products or services before they invest in the industry. An investor who understands a business has more confidence in the investment than one who doesn’t know about the company. Besides, you cannot invest in a tech business when you don’t have a tech background. You should understand tech trends and how technology is affecting various industries among other pressing issues before you invest in the tech business.

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The History of The Vaporizer: And Why It Will Be a $47 Billion Industry by 2025

Marijuana is popular and dates back to 2727 BC during the reign of the Sheng Nung Dynasty. Cannabis was also used extensively in other places such as Middle East, North Africa, and Europe for various reasons including recreation, medicine and health reasons. The use of cannabis continues to spread across the globe and so has the use of vaporizers, an invention that can be attributed to marijuana use.

 

The Egyptian Version

While today vaping is a massive industry, it would be worth knowing the origins of the vaporizers because they are here to stay. Modern vaporizers have not yet taken even a century in existence, but in the olden days, they existed in other forms, slowly undergoing their evolution into the classy, modern-day apparatuses we see today. The earliest predecessors of the modern vaporizers can be traced back to ancient Egypt. Unlike today’s vaporizers, the older ones were not battery-powered. However, they were equally innovative. The Egyptians would put seeds on a bed of heated stones, and once the burning kernels were producing fumes, they would inhale the fumes. While this method was effective for achieving the much-desired high back then, it is rudimentary in today’s context.

 

Asia

The evolution of vaporizers continued, and the hookah came in. This is a more recognizable form of the vaporizer that has its roots in India, Asia, approximately 1, 000 years back. The hookah was majorly used in smoking hashish and flavored tobacco. Hashish is a component of the cannabis plant and gained popularity in the Middle East and Asia with the use of hookahs. The hookah culture spread to Turkey approximately 500 years later and became popular among the wealthy. Soon hookahs moved beyond the use hash and tobacco and made its way into opium dens. Opium became popular in first world countries such as the British Isles and the United States.

 

Modern Vaporizers

The modern vaporizer made its debut in 1993 as an invention of Eagle Bill Amato, an entrepreneur, and inventor. Deciding to capitalize on the idea, he is the creator of the Shake and Vape and the father of the modern-day vaporizer. Bill was also a big proponent of using marijuana for medical purposes, and this was the best intake method in his view. His vaporizers were made of glass and were much like the traditional glass weed pipes. In 1994, he introduced the vaporizer to the public during the Cannabis Cup, and it instantly became a hit.

 

This vaporizer was physically big, almost barrel sized and on it were two mounted glass tubes. To use it, the person would place the herb in one of the glass tubes and use a heater to heat it. The steam would then penetrate the herbs and produce vapor which was inhaled through the other tube. The next vaporizer by Bill, was, however, more simplistic in design. For starters, it was smaller and was designed for mass production. The vaporizer business began to boom in the 2000s as they became more advanced. This is what was known as the Shake and Vape. It is a ball glass tube with an opening at the top. The herbs were dropped in the ball, and it was heated using a lighter. Bill, therefore, popularized vaporization.

 

Later versions of the vaporizer included the BC Vaporizer. This improved version was powered by electricity, and it generated vapor when the herbs came into contact the heated metal plate. This device was especially more popular in Europe and North America. The most popular and revolutionary vaporizer yet was the Volcano, which came into the market in 2000. This is not only the most common but also the most demanded vaporizer in the market today. Almost 20 years after its entry into the market, no company can produce an innovation better than the Storz & Bickel’s volcano. Being a desktop vaporizer, it inspired the production of many other brands including Magic Flight Launch Box (2010) and the Arizer Solo, (2011).

 

The modern vaporizers made work easy as they make the vapor, and the user inhales it to achieve the ultimate high and just like an electronic cannot function without charge, the vaporizer cannot operate without a vape atomizer. Atomizers come in many forms including RDAs, TRDAs, sub-ohm tanks and tank atomizers. Whichever brand you may choose to use, the vaping experience is surely one worth exploring

 

The Global E Vape market reports point out that while disposable e-cigarettes led the market until 2015, rechargeable e-cigs, followed by vaporizers and mods have taken the top market positions in terms of top revenue generation. And while the U.S. market is expected to continue dominating the forecasted period, China is predicted to grow at the fastest till 2025.

Comments »

The History of The Vaporizer: And Why It Will Be a $47 Billion Industry by 2025

Marijuana is popular and dates back to 2727 BC during the reign of the Sheng Nung Dynasty. Cannabis was also used extensively in other places such as Middle East, North Africa, and Europe for various reasons including recreation, medicine and health reasons. The use of cannabis continues to spread across the globe and so has the use of vaporizers, an invention that can be attributed to marijuana use.

 

The Egyptian Version

While today vaping is a massive industry, it would be worth knowing the origins of the vaporizers because they are here to stay. Modern vaporizers have not yet taken even a century in existence, but in the olden days, they existed in other forms, slowly undergoing their evolution into the classy, modern-day apparatuses we see today. The earliest predecessors of the modern vaporizers can be traced back to ancient Egypt. Unlike today’s vaporizers, the older ones were not battery-powered. However, they were equally innovative. The Egyptians would put seeds on a bed of heated stones, and once the burning kernels were producing fumes, they would inhale the fumes. While this method was effective for achieving the much-desired high back then, it is rudimentary in today’s context.

 

Asia

The evolution of vaporizers continued, and the hookah came in. This is a more recognizable form of the vaporizer that has its roots in India, Asia, approximately 1, 000 years back. The hookah was majorly used in smoking hashish and flavored tobacco. Hashish is a component of the cannabis plant and gained popularity in the Middle East and Asia with the use of hookahs. The hookah culture spread to Turkey approximately 500 years later and became popular among the wealthy. Soon hookahs moved beyond the use hash and tobacco and made its way into opium dens. Opium became popular in first world countries such as the British Isles and the United States.

 

Modern Vaporizers

The modern vaporizer made its debut in 1993 as an invention of Eagle Bill Amato, an entrepreneur, and inventor. Deciding to capitalize on the idea, he is the creator of the Shake and Vape and the father of the modern-day vaporizer. Bill was also a big proponent of using marijuana for medical purposes, and this was the best intake method in his view. His vaporizers were made of glass and were much like the traditional glass weed pipes. In 1994, he introduced the vaporizer to the public during the Cannabis Cup, and it instantly became a hit.

 

This vaporizer was physically big, almost barrel sized and on it were two mounted glass tubes. To use it, the person would place the herb in one of the glass tubes and use a heater to heat it. The steam would then penetrate the herbs and produce vapor which was inhaled through the other tube. The next vaporizer by Bill, was, however, more simplistic in design. For starters, it was smaller and was designed for mass production. The vaporizer business began to boom in the 2000s as they became more advanced. This is what was known as the Shake and Vape. It is a ball glass tube with an opening at the top. The herbs were dropped in the ball, and it was heated using a lighter. Bill, therefore, popularized vaporization.

 

Later versions of the vaporizer included the BC Vaporizer. This improved version was powered by electricity, and it generated vapor when the herbs came into contact the heated metal plate. This device was especially more popular in Europe and North America. The most popular and revolutionary vaporizer yet was the Volcano, which came into the market in 2000. This is not only the most common but also the most demanded vaporizer in the market today. Almost 20 years after its entry into the market, no company can produce an innovation better than the Storz & Bickel’s volcano. Being a desktop vaporizer, it inspired the production of many other brands including Magic Flight Launch Box (2010) and the Arizer Solo, (2011).

 

The modern vaporizers made work easy as they make the vapor, and the user inhales it to achieve the ultimate high and just like an electronic cannot function without charge, the vaporizer cannot operate without a vape atomizer. Atomizers come in many forms including RDAs, TRDAs, sub-ohm tanks and tank atomizers. Whichever brand you may choose to use, the vaping experience is surely one worth exploring

 

The Global E Vape market reports point out that while disposable e-cigarettes led the market until 2015, rechargeable e-cigs, followed by vaporizers and mods have taken the top market positions in terms of top revenue generation. And while the U.S. market is expected to continue dominating the forecasted period, China is predicted to grow at the fastest till 2025.

Comments »