Say YES to Making Money — Say NO to Losing It

Starting a business and going on a journey of self-entrepreneurship is a way of making big money, so if you feel that this is your calling, then go for it. On said journey there will be obstacles and hurdles just waiting to trip you up, and take all the money you’ve earned, or are yet to earn, in the process. However, there are ways to safeguard against the loss of money when said disastrous obstacles appear.

Eradicate downtime

When it comes to technology, your employees and even yourself — the obstacle that is downtime equals a loss of money.

When it comes to any employees that you hire, to improve workplace productivity you should set your team goals for the day in the morning, prioritising them by importance and urgency, so that everybody knows what is expected — create a plan on how they can be achieved — track the time and keep one eye on the clock — and set deadlines as the day goes on. But it’s not good to just let others bear the brunt of making your business dream a reality, you also can’t let your own workplace productivity slip. To do so, you should follow all the steps (maybe even the ones above) that you set for those who work for you. You should also be realistic enough to acknowledge that having an idea or goal and being dedicated enough to hit the ground running every morning when you swing your feet out of bed and chase it doesn’t just equal success. You must find ways to stay motivated throughout the day, whether this means taking frugal breaks or working through it.

As well as this, it is pivotal to safeguard your business from any long periods of data downtime. A way of dealing with such an event quickly and proactively is by using business disaster recovery and system restore services. Recovering, restoring and repairing within minutes all of the data on the device that is so pivotal to the success of your business, is a pivotal way in cutting down on downtime brought about by disasters that are sometimes unavoidable.

Keep your finger on the pulse of payment

With the pace of change in the U.S. payment market showing that over the past five years the credit card has proved itself to be the generally preferred method of payment, it is paramount that you must utilise technology driven payment options, unless you want to drive customers away to your rivals. This means you should have a card reader and atm machine on site at all times so that you are able to take a customer’s payment when they don’t have notes or spare shrapnel on their person. However, you should watch out for the worst credit card mistakes you can make.

So, there you have it. Two areas to target to make sure that your losses are cut as well as to make sure that your start-up business isn’t forever just another start-up business started by just another would-be-entrepreneur.

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Oliver

Oliver is an aspiring automotive journalist covering all things cars and motorsports. Drawing on his lifelong passion for vehicles, he provides engaging reviews and stories from his adventures in the automotive world. Oliver pairs his writing with photography to give readers an insider's perspective.

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