CategorySmall Business

How Sports Bars Remain Successful In America

For many, sports bars can be a great place to go with friends, co-workers and loved ones. However, not all bars are created equal! There are key factors that really make one stand out from the other; that makes one bar successful and the other… not so much.

BEER SELECTION

Many avid beer drinkers would emphatically say that the obvious answer to a great sports bar would be the beer! That may be only part of the answer, but these beer enthusiasts are absolutely right! Successful sports bars are known to have a myriad of beers to choose from to keep their customers happy and their thirst quenched. Let’s face it, we Americans love to have options! And these days, more and more craft beers are on the market for people to choose from too! A sports bar that provides what their patrons like, is a bar that aims to stay in business. As with any business, it’s important to know what your customers want and fill that need – Supply and Demand!

FLAT SCREEN TV’s

This is an absolute must! Ever been to a sports bar that doesn’t have a TV? Of course not! Every sports bar should have multiple TV’s throughout the establishment. The larger the bar, the more flat screens they should have. Larger bars should have flat screens on every wall; customers should be able to actually see a flat screen no matter where they are in the bar (except the restroom of course!). People come here to watch their favorite sports teams; whether it be baseball, football, NASCAR, hockey or any other sport… customers want to watch the game! There’s also no doubt that customers want to be around friends and other people rooting for their home-team; it’s the camaraderie!

GAMES

Most successful bars have at least a couple of games for customers to enjoy while visiting. You’ll find many bars that have at least a couple of pool tables and/or dart boards. If it’s a larger sports bar, they may also have shuffleboard tables and video games like Poker and Blackjack games. Some sports bars even offer Poker Night and Pool Leagues, Dart Leagues and Shuffleboard Leagues. Trivia games have also become more popular over the years and are generally only held once per week or every other week.

HAPPY HOUR

This is somewhat of a no-brainer, but most bars have Happy Hour! Even though happy hour is phrased in the singular, many bars host happy hour for 2-3 hours or more! They not only offer a discount on favorite beers and beers on tap, they also provide many drink specials to their patrons. A successful bar may change these drink specials up every now and then; they keep a close eye on what people are buying. They find it equally important to pay close attention to what local competition may be doing.

AMBIANCE

It’s not just the trendy nightclubs that are scrutinized by patrons, but even local sports bars are judged by their ambiance. Great bars have a certain vibe when people walk in for the first time, and that first impression can make all the difference in the world. It’s the sports photos on the walls, the lighting, the layout of the tables, the pool tables, the flat screens all over with multiple games on; it’s everything that encompasses what people expect in an awesome sports bar.

LOCATION, LOCATION, LOCATION

Any Realtor who’s worth their weight will tell you that Location Is Everything! This certainly holds true when it comes to where these bars are located in relation to getting customers. Larger establishments need to be in an area that’s going to pull higher traffic. Smaller sports bars in a small town; they can still prove to be successful just by gaining customers from their immediate local market.

MARKETING

Every new business hopes that it will succeed based on a line from the movie “Field Of Dreams”… “If you build it, they will come.” However, the reality quickly sets in when it comes to running a sports bar. As with any business, successful bar owners know that marketing equates to new business. These business owners utilize variable marketing strategies to engage new customers and retain current customers. Most bar owners don’t have the time or the know-how to do this on their own, so quite often they retain the services of a professional marketing company. They know it’s vitally important to cater to repeat customer (the regulars), but they know that marketing is the integral factor that will continue to bring new business.


5 Tips For Remote Tech Support for a Small Business

You may be the CEO of a new business with a lot of requests from clients or you may be an IT professional at a small firm where new infrastructure is required. No matter what position you are on right now, you need advanced technology solutions. However, you may want to keep in mind that installing and maintaining new systems can pose a challenge. So, you have to be ready to deal with this challenge. One way is to hire a dedicated employee or outsource the tasks to a good team of professionals. Given below are a few tips that can be used to organize remote tech support.

Identifying the results

First of all, what you need to do is identify your desired results. It’s important to keep in mind that each small business has its own requirements as far as tech support is concerned. So, it’s a good idea to decide on what you want to achieve. Moreover, you may want to find out about the technical issues that you may encounter. For instance, your requirements may be different if your area gets regular power outages.

Your next step is to make a list of your main IT tasks and the desired results that you want to achieve. This will help you get a better idea of your needs and choose the right type of technical support.

Choosing the provider

It’s not a good idea to take this decision without thinking a lot. You should take your time to do the research and look for the right company. The provider should have good reputation and a support plan that won’t break the bank.

Considering in-house tech support

A dedicated IT staff can help a lot provided you take into account all the important factors, such as the company size, tech challenges, and your internal and external needs related to your customers.

Considering hybrid solutions is also a great idea where you can bring a professional to handle critical issues. For other projects, you can use a remote IT support team. For instance, you can use this team to take care of emergency issues.

Investing in good software

Your business may have more than one location. Your commitments may be time-sensitive and your deliverables may be complex. Your customers or clients may be diverse with needs that keep on changing.

To meet these needs, you need to buy a reliable remote app in order to offer support to each of your client. The same app can be used by your staff to get access to important data as needed.

Consulting IT pros

If your business experiences small issues on a route basis, you can get advice from the pros whose job is to fix those issues on a daily basis. For instance, you can head to tech support forums where many pros offer advice for free of charge to those who need it. You may be amazed to know that even complicated issues can be solved with simple tricks.


Making Best Use of E-Waste

Malaysia is one country where sales of electronic goods are on the rise. People from neighboring countries throng to Malaysia to buy fancy electronic goods, but this practice over the years has led to the formation of E-Wastes and stands as a threat to the living environment. Thanks to the e-waste facilities that have been keeping a check over the rise of e-waste.

Globalization has led to the vast development in various regions all over the world. As the population grows, the ways of making life simple also grow up gradually. In the verge of making life simple, someone somewhere would come up with some technologies or device. The best example of this fact would be portable fans in four-wheelers and portable night lamps. Nowadays we even get to see on the USB. But most of these devices and equipment come up with a shorter lifetime and they never last for even a year or in some cases months.

An average consumer would always end up putting it in the trash bin and these accounts for scrap. We tend to understand that these would actually decompose in due course of time, but they actually do not. Rather they get recycled and come to us again in the form of use and throw materials.

But recycling scrap is not a simple process. They go through a process. As handling e-wastes through uninformed channels could be hazardous to the environment and cause the release of CFC gases causing ozone layer depletion.

Sorting

The first thing is sorting out the devices and equipment separately. E-wastes could be any electronic device which as a television and that is as small as a computer chip or even a microprocessor. So the first step is sorting out all these manually.

Dismantling/Reassembling

While sorting involves separating different devices, dismantling involves reassembling the devices. Every device is made up of components like a motor, coil, battery, chip and a lot more. This is again an intensive process with manpower involved.

First Size Reduction Process

Dismantling could be impossible in certain cases i.e. if a component is inbuilt in the device. So these are pressed hard and shredded to pieces less than 2 inches in diameter. By the end of this process, they become finer e-waste pieces.

Second Size Reduction Process

Now, these finer e-waste pieces go through an automated shaking process on a conveyor belt. As these pieces are well spread, they are broken down even more to pieces. They also undergo a dust extraction process.

Over Band Magnetic Separation

Any metal or iron particles present in the e-waste pieces are removed in this process. These particles are of no use after the reduction process. Hence removing them becomes a necessity. They would sell as raw material to scrap seekers.

Metallic & Non-metallic Components Separation

Separating the metallic components such as copper, aluminum and brass leave only the non-metallic components such as fiber, plastic, glass… behind. So the segregated metallic components are also sold as raw materials to steel and metal manufacturers.

Water Separation

The final step involves a water wash to segregate all the non-metallic components such as fiber, plastic, glass… that are again sent to relevant manufacturers who would use to make new components out of it.

Regulatory Framework

Malaysia is among the very few countries that have come up with a legal framework to regulate e-waste management from generation to disposal. Currently, e-waste management is planned for six devices and they are television, refrigerator, washing machine, air conditioning unit, personal computer, and mobile phone.

In 2012 alone, the amount of e-waste generation in Malaysia was between 10 percent and 15 percent of the total generated scheduled waste. Products getting outdated in a very short span of time are considered as the reason why Malaysia is producing more amount of e-waste. Hence even the hazardous waste management programme implemented in 1989 was not effective to combat the same.

A Brief History of World Printing

Historical background of Europe and the Middle East

The prehistoric time in Europe was the time when there were no writings or printings either. The inks that were used at that time were animal blood or some other natural color that came from berries or fruit. Animal bones were used to make pictures of the caves, and the images were not entirely precise.

In the Middle Eastern new Islamic regions, a specific tool was used to make printings or images of different materials. A special ink was created with the help of several burnt ingredients. Clay tablets and skins of animals were used for printing in the late 3000 BC. That printing was costly at that time, and only the wealthy people could afford that sort.

Printing and packaging through Egyptian and Greek history

The Egyptians introduced the concept of black ink as they produced ink by using black soot, beeswax, and vegetable oil. Because of that quality ink, some of the evidence of printing in that era still survive and are legible. In the Greek time, a red pen was used to form writings, and the tablets were made of clay.

History of the engraving and etching technique

Engravings and etching go way back in the past, and it created beautiful prints for all purposes but especially packaging. Metallic tools were used to make grooves on the cardboard, and this unusual technique was welcomed by the society. Iron plates were involved in the process of etching to produce printing designs on the packaging boxes.

Several ancient technologies; Lithography and Chromolithography

A Bavarian called Alois Senefelder introduced lithography in 1796. This technique was able to create diversified image son several materials that were used in different industries. The base of this invention happened when he found that grease could be used for printing. He discovered that the oil could leave high-quality prints on the paper sheets and cardboard.

Mezzotint ancient technique

Ludwig Seigen invented a new technology in the eighteenth century that involved printing images that were half tinted. This fantastic method became very popular and was perfect for the reproduction of pictures on any medium. Nevertheless, the time span of this process was too long, and that is why it became costly especially for commercial packaging.

Colour printing initiative

Color printing for boxes and other industries was a significant milestone, and it changed all the trends of designing and creativity. This technology was able to set new standards in this field. Later in the 1930s, the stones were replaced, and zinc plates were used instead, and the process was called zincography. It was more refined, and the quality of printing was better.

Advancement on the way in digital printing

Digital printing came to the market in the early 1900s, and it was a great leap in the printing and packaging industry because it made the firms able t create detailed and vibrant logos for boxes. The very first color-printing machine introduced to the world was named Indigo, and that happened in 1993. A company invented another development in 1977, and that new device fasted in the whole world at that time. Hewlett Packard developed a new printing mechanism and tools the industry by a storm through the gorgeous designs it was able to produce.


Does Your Leadership Style Impact the Kind of Business Owner You Are?

What kind of business owner are you?

Over the last 16 years I have worked with a variety of business owners and recognise the impact that the style of leadership has on a business. So, if I was to ask you how you manage your business which of the few that I have illustrated below would apply to you?

Hover

You recruit people to do a job, and want to tell them how to do it. Although the person may have many years of experience and are quite able to organise themself you feel as though you have to tell them how to do their job, and even go behind them and change what they have already done.

If you fall into this category, you may want to consider whether this the best use of your time? Any concerns that you have about your team members’ abilities to do their job may be due to wanting certainty, or are showing you that you need to change your recruitment strategy. Either way your business is prone to suffer because it is unlikely to be operating efficiently.

Disorganised

You have piles of unopened business correspondence around your workspace, and when team members ask for documents you do not know where to start looking for them, but you “know” that they must be in a pile somewhere. Even worse, you do not acknowledge having received the information and ignore the request so that you can do other things.

If this sounds familiar the first step in making improvements is to acknowledge that this is how you used to operate, and then make a firm decision to get organised. If it is too painful to sort through all of the piles yourself get someone in to do the organising for you. Remember, you have to let them get on with their job and create a simple but effective system for you to use to stay on top of correspondence and action points. Then, stick to it!

Head in sand

Issues are not being addressed in a timely manner, and your team keep asking you to make decisions, but why can’t they see that you have other things to do and just get on with it?

Does this sound familiar? The point is that sometimes as the business owner your team do need you to make the “big” decisions, and if key strategic business decisions need to be made, or external authorities addressed your team may not have all of the answers to remedy the situation.

I remember one business owner who had called me in to review their collection process, I designed a process and supporting document for them to implement and needed their feedback on whether they were happy to proceed. It was when I pressed the issue and could highlight the cost of not making a timely decision the they eventually realised the impact that the delay had had on the company’s cashflow.

Resistant to take advice

You have hired experienced individuals to be on your team, but the advice that they are giving you means that you have to change the way that you have always done things, and you are not sure how this will impact your business. So, regardless of how many times they repeat the same advice you continue as usual.

The fact that you have hired “experts” in their field into your business suggests that you are aware that some things need to change. So, although it may be painful, and even stressful to embrace change if the long term impact is beneficial to both you and the business you can either feel the pain now, and embrace the advice given, or feel it later, when the outcome may be far more painful.

Appreciate the ability of others

When recruiting you know what you are looking for in a team member and let them get on and do their job. In your mind they are the expert in their area, so you can rely on them to deliver and you will focus on doing what you do best. If issues arise you know that they will get dealt with, or you will be informed when you need to get involved.

Although you appreciate your team you still have your eye on the ball, and know what is going on in the business, and where any potential issues may arise. You trust your team to have the well-being of the business as a priority, and in turn acknowledge them for what they do. This is a healthy approach to building a loyal team who feel responsible and valued. In companies where this level of autonomy is practiced, assuming that the “right” people have been recruited in the first place, staff turnover tends to be lower and team members feel like family. People stay with the organisation for more than the monthly paycheck.

Dynamic

You are passionate about what you do, and once you get an idea you want to run with it immediately. Your expectations are that your team will get on board and will make things happen.

Have I caught your attention? Are you already thinking about the next initiative that you are going to drive forward? Hold on, have you got all of the feedback to see how the last initiative has performed? Great if you have, and well done for your innovation. This approach works well if you have total commitment from your team, as they will either love the pace and intensity of your drive or will start to experience burn out just trying to keep up.

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Once you have been in business for a number of years unless you have a process of continuous review and refresh you might identify with the following:

  • Are you so busy in the business that you have forgotten why you went into business in the first place?
  • Do those reasons still stand true?
  • Do you enjoy life, and does the business satisfy your four primary requirements for health, business, relationships and leisure?

Most of us go into business because we believe that we have something special to offer, and want to offer it in our own way. We have visions of how the business will operate and grow, and expect that it will give us a good, if not great, quality of life. This reality, especially in the early stages of starting a business is considerably different for the majority.


No More Excuses for Small Business Owners for Not Growing Their Businesses

When talking about business related issues, solutions, and technologies, you will almost always group businesses as small and large. While the separation is there, it won’t be wrong to say that in a modern where digital technologies prevail, it should not be a problem for small businesses to compete with large ones. The large corporations have the advantage of having more resources without a doubt. However, there was not a time in the past when growing and expanding was as easy for small businesses as it is today.

Digital Marketing for Everyone

Digital marketing starts with a website today. When it comes to website designs, more money does not always mean a better design. If you are working with the right people and are clear about your requirements, your website can be just as impressive as the website of a large business. In fact, internet users today are more in favor of simplistic websites with a focus on the information they are looking for rather than the glitter and sparkle.

As for social media marketing, there is no difference in the size of the market that small and large businesses have to target. They are both targeting global audiences and how good they are at it is not defined by how much money they put in their marketing efforts. Social media marketing is free marketing, so there is no excuse as to who has more resources.

And if you believe that the large corporations make it to the top of the search engine results, you always have a better and more effective niche to compete within – local. With local search engine optimization, small businesses can compete with the medium and large businesses head to head. In simple words, regardless of the size of the business, everyone has access to the same market and same people today. What matters is who does it better.

Digital Solutions Are Available Specifically for Small Businesses

When it comes to software solutions for businesses, the focus is not on large corporations anymore. Today, all types of software solutions have their versions built specifically for small businesses. These digital solutions allow small businesses to cut down their costs and make use of the same technologies that large companies are using.

Take the example of CRMs. At one point, there was a notion that customer relationship management software are only for large businesses, but the things have changed quite a bit today. Web-based CRM are a revelation for small businesses. First, these CRMs provide great marketing, database, customer service and sales solutions to the businesses. Second, they are unbelievably affordable. If you own a small business, you don’t even have to worry about software integration, hardware compatibility, updates, and upgrades, etc. Keep in mind that with in-house solutions, these are the costs that make it difficult for small businesses to grow financially.

With web-based solutions designed for small businesses, you can now have access to a world-class CRM at a fractional monthly or yearly cost. Other affordable digital solutions available include invoicing software, bookkeeping software, payroll software, etc.

Customers Have the Power in Hands

The Internet has empowered customers like never before. You can’t say that just because a business is in multiple countries, it will be impressive enough for people to buy its products. The amazing thing about today’s economy is the power that customers have in their hands. Online reviewing websites, YouTube videos, blogs, etc. are among many platforms that allow customers to know more about businesses. In fact, even Google now puts business ratings and customer reviews right within its search results.

What this means is that when a customer searches for a business today, he/she is already able to see the reputation of the product they are going to buy. Furthermore, negative reviews from customers can greatly affect the sales of business, giving other businesses a chance to make their name.

Furthermore, it’s not just the quality of products that matters today. In the modern world, businesses are competing for better customer experience. If your business can give customers the experience they are looking for, your growth is inevitable despite the small size of your business.

Funding Is No Issue for Startups

It is always the starting days that matter the most for business. When you are a startup, you are looking for ways to fund your business so you can materialize your idea and polish your product/service according to the requirements of the customers. Finding a platform where you could connect with investors was a challenge in the past. This is not an issue anymore.

With like our websites, it is easier than ever for small businesses to get in touch with investors and get the right amount of investment that sets them on the path of growth. These are websites that act as a bridge between investors from all around the world and startups. With traditional banks and lenders, you are only limited to a local audience of investors. When you can’t find an investor in your local market, your hopes are almost dead.

With online funding websites, all you have to do is create a convincing pitch that explains the viability of your startup to the investors and its scope. Your pitch along with all the necessary information that you think investors should see goes on the website where it is visible to hundreds and thousands of investors. If you have done your homework and have a team of right professionals on board, getting the right investment is just a matter of hours or days.

Final Words

You can see that a small business can overcome almost all of their challenges much more efficiently today. Starting a business has become so easy that even students can be entrepreneurs today. They can lay the foundation for a business using just their pocket money. From connecting with the right investors to cutting down operational costs, all can be done from the comfort of a person’s home. The only thing that makes the difference today is if you are confident enough to take the first step.


How to Overcome the Fear of Starting a Business

Self-doubt, uncertainty and fear are all emotions that can impact a person’s ability to start-up a new business. Many entrepreneurs feel the pressure of investors, partners and employees relying on them. In order to overcome the mental roadblocks that can slow progress, there needs to be a wholehearted commitment in every area of building a successful business.

Here are a few things to consider in the process of starting a business:

Set attainable goals

A first step to starting a successful business is to create an overall company mission, which is then broken down into a series of achievable tasks. These small tasks can be used much like stepping-stones in the process of reaching the final target. Plus, this will make the process of starting a business seem less intimidating and also gives a clear outline of the work that needs to be completed as the business grows.

Also, in the early stages of starting the business it isn’t necessary to be a perfectionist. Start to set-up a professional looking website and test the service or product. Any fine tuning can be completed before the service is finally launched to the public.

Build up a solid foundation

Building a solid foundation and passionate community is essential from the very early stages of putting a business together. It is essential to have the right support in place to give time to reach the intended goals. While a lot of passion and determination is great, there is also a need to have a certain level of financial stability. The basic foundation to have in place is likely to include the keen customers, partners and investors. Each of these groups will help to achieve the desired financial success. Talk to as many people as possible when starting out to create a useful support system that will help build a lot of confidence and guidance.

Invest the right amount of time

In the early stages of starting a business it can be difficult to set the most ideal work-life balance. In the beginning, there will be a need to invest a lot of energy and time into the business to see the successful results. However, in time the business will start to have less of an impact on relationships and personal life. Plus, with a proper support system in place, this will further help to make a business owner’s day-to-day life easier. It helps to have an understanding with other people in your life that won’t leave you feeling guilty about the amount of time spent working.

While many people will think up ideas for a business product or solution, only a very few will actually take the leap and attempt to pursue their dream and build a business based on that idea. Questioning and vulnerability are typical with all types of decisions, but with the proper focus and commitment there is every possibility of getting a successful business up and running.


Roofing Contractors For Rental Homes

Finding the right roofing company can become tedious and annoying. Comparing local roofing contractors is a chore! So which one do you choose? How can you make it easier? If your rental home is in need of a roofing job, which company will make it simple and show you the breakdown of expenses so that you can claim them on your tax return? So many questions and concerns! There are three main topics to consider when looking for a roofing contractor for your rental home: Which roofing company will have an itemized invoice for easy expense recording, a roofing company’s guarantee, and the speed of the roofing company.

First, let’s look at the expenses. You must ask the roofing contractor if they send you an invoice, but not just an invoice. You want the roofing company to break down the expenses so that your tax preparer can record the expenses easier on your schedule E rental property. Some expenses can be fully rendered the year it was paid for while others have to be put down as an asset and depreciated. The roofing improvement itself is an asset to your property and must be depreciated in a 7 year period. But you don’t have to put your total roofing upgrade under the asset. You can deduct smaller expenses the year you pay. You could save much more itemizing the expenses this way! So make sure your roofing contractor breaks down the fees: Labor, supplies, permits, etc. The labor and main roofing supplies have to be put down as an asset and depreciated, but the work permits, garbage hauling expense, misc. supplies, all can be deducted the year you pay for it!

Second, the roofing company’s guarantee is extremely important whether it is a rental home or your personal home! If the guarantee does not cover certain things you will want to know exactly what the guarantee covers! It is important to ask your roofing contractor the details on the guarantee because weather can damage the roof, animals can damage the roof, anything can happen!

Last but not least, the speed of the roofing company is extremely important to a rental property! If your tenants are busy people or do not like to be bothered a roofing job can become extremely stressful to your tenants! Make sure to find out how long the job will take and exactly when they come so you can give your tenants a 30 day warning, a 2 week follow up warning, a week follow up warning, and the next day warning so they are fully prepared. Let them know exactly how long the job will take. The yard will look messy and garbage will be flying everywhere. Make sure you have home owners insurance and warn your tenants to keep children out of the yard! There will be nails and other debris lying around! Last thing you need is a lawsuit!

In conclusion, make sure to follow these three topics to find the perfect local roofing company! Make sure to keep yourself as least stressed as possible during the search, have fun, and make sure to record everything! Roofing jobs on rental homes can be very stressful, but hopefully this helps!


Provide Office Services From Your Home As a Freelancer

Freelancers, or virtual assistants, provide the services which many firms, particularly small or medium enterprises (SMEs) and businesses in the early stages of their development, need but cannot always afford on a full-time salaried basis. By paying for those services as and when they need them, they are effectively sharing the wage bill with the freelancer’s other customers. It is an arrangement which suits everybody involved, and from which everyone benefits.

Some of the services which can be undertaken remotely by a contracted freelancer are ones which may otherwise have been beyond the means of a small business owner. Not every entrepreneur can afford to hire a personal assistant, for example, but by outsourcing the work of a PA it is sometimes possible to have such services provided on demand, saving both on the wage bill and on the expense of unproductive employee retention during periods of relative inactivity. By using resources such as People Per Hour, where freelancers can offer their services and businesses can look for help, a match can quickly be made.

The International Virtual Assistants’ Association even operates its own members directory as a useful tool for companies who are looking for some help.

Concentrate on Building Your Business

Other functions which can similarly be delegated to an outside service provider include accountancy, web design, search engine optimisation, graphics and images, market research to gather information of customer trends and content design and management. In fact whole swathes of the operational side of the business can be placed into the hands of the virtual assistant, leaving the entrepreneur free to concentrate on the task of growing the company.

In terms of setting yourself up in business as a virtual assistant or freelancer, the first step would be to identify an area, or areas, in which you specialize, or for which there is a demand which would appear as yet to be unsatisfied. The next, and of just as much importance, is to establish a presence and build a high profile on the web which will enable potential customers to find you and to see what it is you have to offer them. One good way of achieving this would be to set up a blog and to keep it updated with fresh and interesting content. It is worthwhile too adding to your portfolio by building a Facebook page associated with the service you offer.

Working as a freelancer offers the freedom to work as you please, and without being committed or beholden to one specific employer. It works for both parties which is why it is increasing in popularity throughout the US and elsewhere.


7 Tech Trends To Add To Your Small Business Startup To Attract An Angel Investor

Angel investment is on the rise,and your small business startup needs to capitalize on all the opportunities at hand. Venture capitalists are on the hunt for business startups to invest in that are currently at the cutting edge of technology and taking risks with these advancements trends. You find that investors are eager to sink their investment dollars in these technologies so that they can reap the future returns. While the payoff might be big for an angel investor, these tech trends will also help your business startup to attract those funding dollars.

Artificial Intelligence

AI is not new to the scene, but for 2018, it is making a significant headway. By allowing companies to do more with less, AI will turn out to be a fundamental change in the way a company does business today and tomorrow. Startups that integrate AI into the fold will experience a shift in how they are able to perform routine tasks, freeing them up to focus on their customers. Angel investors see this as a win-win as they are able to invest in an advancing technology as well as a startup that is leading the way with its use. Your business startup will do well by having AI as a part of your repertoire and see more funding interest come your way in 2018.

Social Media

The uses of social media to enhance your consumer game is a boon for investors looking to find business startups that are succeeding in their customer engagement. While social media isn’t a newcomer technology, those that have a strong endgame will win big in terms of revenue sales. Social media is proving to be the technology platform that links us all together and gives business startups the recognition they need early on. Venture capitalists are enamored with its use by business startup as they see the power it offers and the benefits a business startup can take advantage of. Using social media to boost your business in 2018 will be key to gaining funding from an investor as they recognize the strengths it offers to your consumers.

Blockchain

Blockchain is another technology on the fringe waiting to bust on to the scene in a fury in 2018. It’s ability to provide a real-time ledger of transactions can give your business startup the transparency it needs to garner the nod of a venture capitalist waiting in the wings. Your business startup will benefit from Blockchain’s ability provide stable and error-free operations while angel investors gain by investing in a technology that has proven its worth. You’ll see funding offers from a series of investors if your business startup utilizes Blockchain to its full advantage within your organization.

Internet of Things

The Internet of Things is advancing at a steady clip for the New Year, and you’ll see IoT virtually everywhere you look. With consumers becoming more connected than ever, IoT offers an opportunity for new products and services that enhance IoT’s capabilities in the home, business, and community. Angel investors are savvy to the draw of IoT and how it is changing the way consumers interact and live their lives. They want to get in with business startups that are using this technology to move their business forward, engage with consumers, and improve their business operations. Count on IoT as a way to entice venture capitalists and secure funding in 2018.

Big Data

Data is everywhere these days, and it will only get bigger this coming year. Business startups such as yours will be able to use big data to understand every aspect, detail, and nuance of your customers, so you can create products and services they desire. With big data changing the way that business startups engage with their clients and provide unique customer experiences, it means plenty of evolution is on the horizon. Angel investors are keen on the possibilities all this available data can provide and know that companies that take advantage of the information can lead their industry in leaps and bounds. Use big data to enhance your business startup operations and stay tuned for venture capitalists to come calling with much interest and fanfare about your company this year.

Cyber-Security

While 2017 was a year that many will remember for its security breaches, this year provides a turn of events as business startup integrate or offer cybersecurity services to better protect their customer data. This cybersecurity will change how companies in all sectors operate and provide the level of security that is needed to protect that confidential information from getting into the wrong hands. Business startups that use cyber-security to protect their company or create products and services for others that help them secure their information will do well in the following year. Angel investors will show interest in these endeavors as the need for secure data protocol is growing without hesitation.

Virtual Reality

Also, on the fringe in 2018 is VR. This technology gives you the ability to engage with your customers in a new and exciting way. Through a more desirable customer experience, VR can help your business to increase its customer numbers as well as its revenue as VR improves workflow and access to customers all over your niche. Angel investors want in on AR as an investment opportunity, and your business startup will attract their attention now and into future with this technology at your helm.

Integrating any of these technologies in your business startup shows a strong sense of understanding and initiative to increase your customer base and profits this year and the coming year. Angel investors want to be able to get their hands wet with these new technologies so that they can be where the growth is with these trends. Think about how these technologies can help your business startup succeed in 2018 and secure the funding you need to get off the ground. You’ll be surprised at how much attention you receive by taking the first step with any of these technology trends and reap the rewards of investment into your company by an investor.


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