Month: December 2018

Future Trends: What Will Businesses Look Like In 20 Years

The future of business is exciting and checks how p2p delivery will look like in 20 years time. The future is where the AI will take over our lives. There will be data that will let us predict problems with our health and know of the weather. The way of doing business will also see a vast change.

The technology will be controlled with the brains and this means that even a doctor may be able to operate a patient remotely. Emotional intelligence will rise and office spaces will be no more.

The future could be more about mass unemployment and poor health and the technological developments are to be blamed for that.

  • High-end technology will make it possible to not have any fixed area of work. People will get the flexibility to work from where they are. The cloud-based systems will let you log into the laptop from anywhere.
  • Technology will be controlled by our brains and this means that doctors would be able to operate from anywhere in the world and the architects could visualize the images in their mind instantly
  • The patient’s cloud-based profile will let the doctor pre-analyze the patient.
  • Internet of things will be the internet of the generation. The data points are what will help to stock up the things in your fridge and send you a replacement for your bulb. This data will also help to control any criminal activity.
  • The balance sheet will focus on how much the customers can profit. Every detail will be made available to the customer
  • There will be evolvement in the finite resources

Some future changes can already be seen today. This is only going to get more advanced in the years to come. There is a lot coming around and one needs to be prepared for it.


Top 5 Tips for Reading a Business Contract

Are you planning to launch a business? To begin with, ensuring that you are clear about the legal formalities for small businesses. Then there is one other talent to acquire and that is the ability to read and understand business contracts. Most contracts are verbose but every word in it should be clearly interpreted so as to understand any pitfalls and loopholes to be avoided.

Start with the easiest part

There are certain common statements and sections in the contract that would be similar to the contents of most other contracts. Starting with such basic clauses would make the work simpler. And in this step, also make it a point to read more and understand the terms that would be used in the contract, the legalese.

Draft before the final one

Even before you sit to sign the final contract obtain a draft copy. Also, buy some time for yourself so as to sit and thoroughly read through the contract. On a draft copy, you have the freedom to scribble, take notes, mark the ambiguous statements and the portions where you need more clarity.

It is always good to obtain a third pair of eyes

The issuing party would have already created the contract and you would have read the terms. But when you get a third person to read the contract you would also get a fresh perspective. It might help you capture the points that you might have possibly missed out.

Be clear about the scope

You should be clear about what is covered and what isn’t covered in the contract. Some contracts are so critical that they can even affect the operation of the business itself. So hiring a lawyer to assist you with understanding business contracts is a good idea.

Verbal promises are not good for businesses

Drafts could be revised any number of times. So always get the changes done in the written contract and do not accept verbal agreements even for the smallest and seemingly less important points.


How Coupon Companies Make Money

This was one of the doubts that were uppermost on my mind when I was only beginning to learn the ropes of couponing. I got initiated into it when my son was adamant that I buy him a video game that which was obviously not in my budget.

His birthday was slowly crawling up and I knew that it would be on the top of his wishlist. I had begun saving but I realized that even if saved big time by giving up smaller comforts there was no way I was going to be able to make him happy on the D day!

That was when I hit upon this concept:

Internet research can yield a lot of benefits. I began reading how people cut and stack coupons to get a good deal at shopping; clothes, grocery, gifts, services, it had everything covered!

But I wanted to know how these coupon companies make money. In order to be able to survive and pay their overheads, it is obvious that they need to make money too.

Couponing companies bridge the gap between the direct sellers and the consumers:

While they help distribute the coupons to the customers and increase the store or website traffic, the customers get great deals by cutting their coupons and availing the discounts on its face value.

It is undeniable now that I scourge couponing websites, I love doing this because in the past I got a great deal here and it is extremely dependable.

Here is how couponing companies make their money:

  1. Advertisements on their websites fetch them big income;
  2. The payment that they may receive from the direct sellers as a commission for the service;
  3. When consumers sign up for package coupon deals;
  4. Bulk sales of coupons can yield them considerable income;
  5. Affiliate programs that help them disburse the coupons on monthly basis with sales targets.

Deals and Coupons