Full time vs Part time business

The saying goes “don’t quit your day job”. And you might feel conflicted about quitting completely to start building your empire or working on it part time. You could be buzzing with ideas for a new business venture but find that you’re too scared to take the leap. Don’t worry, many business owners were afraid to leave their day jobs and opted to hustle on the side instead. Business is all about taking risks but smart entrepreneurs know that calculated risk taking can deliver positive results.

Here are a few things to consider before starting your own business.

Test the waters

Starting a business part time will give you an opportunity to test out your idea before you make a full-time commitment. It’ll help you see if the market is responsive to the product or service you want to provide. If there’s a lukewarm response it’ll give you time to work on your product while still getting an income from your full-time job. You can explore better features to add to your product or change the packaging. And you can ask potential customers what improvements they would like to see you make to the product. You could also develop prototypes and perform surveys in order to find out the market’s reaction to your product. If you’re not fully confident about the market you’re vying for you might need to stay in your current job. By doing so you’re able to spend the time finding out if it’s worth the risk or not.

Provide security

They say the higher the risk you’re prepared to take the higher the return you’ll get. But if you’re a person who always has to weigh up their options before making a decision you may need to wait before you leave your full-time job. Quitting your day job will put you under financial pressure and this could lead to you experiencing terrible stress.

Side business

Your business might only cater to a small niche market and it might not make enough money to cover all your expenses. Many new businesses don’t earn enough profits to allow the owner to leave their full-time jobs. But the new part-time business could provide a nice side income.

Accumulate capital

If you quit your job you’ll be pressured to make profits quickly because you don’t have an income. Most startup businesses only see profits after six months sometimes it can take up to a year. Working full time will give you the opportunity to save up enough capital to keep your business going when profits are running low.

Time

How much time are you able to sacrifice? If your job isn’t demanding and you’re not working in a particularly fast paced environment then you can start your business part time. But if you have a busy schedule and you also want to work part time, it could be a recipe for disaster. You need to make sure you have enough time for both jobs. If you don’t you may end up neglecting your business and it might fail. If your venture needs your complete attention then you may need to quit your job and if you can’t afford that then you’ll need to put the project on hold. In order for many businesses to get off the ground faster, they require tons of sacrifice and the owner to be all in.

Sacrifice

Starting your business part time will be stressful because you won’t have time to spend with family. You’ll have to make a lot of sacrifices to get your business going while still working full time. Your family will have to be part of the decision-making process. Working long hours can be taxing psychologically and you need to make sure you’re prepared.

Conflict

If you’re starting a business on the side you need to ensure it doesn’t conflict with your current job. If you’re spending hours focusing on your startup then you could end up neglecting your current job. And this will land you in hot water with your boss.

Collaboration

You could find a business partner who might offer an investment as well assistance which will help you launch your startup. Having a partner means you can manage your time better and they will share the responsibility with you. Your business partner will also be able to contribute a new set of skills and the workload will be divided.

Failure

You may experience a lot of failures while building your business. But you shouldn’t give up, most successful businesses had to experience a lot of trial and error before they became successful and profitable.

Funding

Your startup business could require a lot of capital, which you might need to spend a lot of time raising. Consider leasing your business car, land and equipment. Leasing a cheaper alternative to paying everything cash.  

Starting a business part time can be physically exhausting and take up much of your time. If you’re willing to make sacrifices and work hard you will see your business do well. Just make sure you manage your time well and you collaborate with the right people who can help you.

 

 

7 steps to improving health and safety in the workplace

All businesses should have an occupational health and safety programme in place. This programme is a process for managing the prevention of work-related injuries in the workplace. As a business owner, you have a responsibility to your employees to ensure their health and safety in the workplace. And while you won’t be able to prevent their personal health issues, there are measures you can put in place to help reduce the occurrence of workplace-related injuries.

Every workplace should follow certain health and safety regulations. It’s widely accepted that a health and safety programme plays an instrumental role in reducing workplace accidents. As you face cutbacks in productivity and staff, you should try to do more with less and work to remain solvent. So having a sound, up-to-date health and safety programme in place becomes even more important.

Whether you need to put in place a health and safety programme or just want to update your current system to meet today’s needs, here are seven steps to improve health and safety in the workplace.

Come up with a plan to control workplace hazards

As the employer, you should make it a priority to identify danger in the workplace and take steps to cut or minimise them. It’s best to develop a safety plan. Tell your employees what you’ll do to ensure their safety and what you expect from them. It’s important that you have a first aid kit in your workplace. And make sure employees have access to it. Examples of possible hazards include a cleaner working with powerful chemically-laden  cleaning products, a mechanic operating big machinery or a warehouse manager stacking heavy boxes. It’s important to inform employees of the steps you’re taking to boost health and safety levels.

Inspect your workplace

You should check all the equipment and tools to ensure they’re well maintained and safe to use. Check storage areas and review safe work procedures. Make sure the boxes in the storage area are stacked in a safe manner. Your employees should be instructed how to lift heavy goods without injuring themselves. Workers should also know where the fire exit is and where they should gather if there’s a fire. You could call in a registered health and safety officer to help you with this. They’ll be better placed to identify any potential hazards or pitfalls in your workplace layout. You could do it yourself but you might miss a crucial element that could lead to one of your employees getting injured.

Look for ways to improve safety

Just as it’s desirable to find work methods to achieve faster results at less cost, you should look for ways to eliminate risk. It’s best to spend time with employees to brainstorm about their safety ideas. Ask for their concerns about safety in the workplace and act on their suggestions.

Train your employees

Proper training is important for all employees, especially if there’s a risk for potential injury associated with a job. You should provide written instructions and safe work procedures. That way employees can check for themselves if they’re unsure of a task or forgot part of their training. Supervise your employees to ensure they’re using their training to perform their job properly and safely. If you don’t provide the correct training for workers, you’re not only endangering the safety of your employees but you’ll be held liable for any incidents which could have serious consequences.

Make safety a key part of your business

Health and safety in the workplace shouldn’t be an afterthought. A commitment to health and safety makes good business sense because it’s one way to protect your greatest resource, your employees. If you want to secure the work premises, you could consider installing turnstiles. This way you’ll ensure no unwanted guests enter and that your employees are safe. Turnstar is one of the largest manufacturers of secure physical access control products. So be sure to check them out when considering installing turnstiles.

Keep records

It’s important that you keep records of all first aid treatment products, regular inspections, incident investigations and training activities. It can help you identify trends in unsafe conditions or work procedures at a later stage. You should keep hold of any records by making a note of the dates and the outcomes.

Have regular meetings on workplace safety

It’s always good to be over-prepared. You should have regular meetings about safety rules and talk about prevention to keep workplace safety top of mind. So when something happens, everyone knows what to do right away. If any concerns have been reported, you should decide how those issues will be addressed.

As an employer, start by taking these seven steps to help avoid workplace injuries and promote employee health.

11 ways to make your business stand out

 

X-factor is a programme on TV that scouts for people who have more than just their talent to offer, they have the “it factor”, something which makes them stand out from the rest. The contestants try to highlight their unique talents they feel will make them stand out from the rest of the crowd. If you want your business to succeed you should also navigate your business this way. Figure out what make you different and focus on that. You’ll attract more people to your business if people feel your business is unique, you offer outstanding service and give your customers the best value for their money. Here is how to make your business stand out.  

Customer service

You have to offer exceptional service in order to stand out as a business. Customers want evidence a business cares about their needs and will go the extra mile. What are you doing to show your customers you would go above and beyond for them? A key way to providing excellent service is to figure out what your customers need and want.

Be consistent

If you’re persistent in your business dealings, you’ll attract customers and be able to keep them in the long run. You need to make sure you’re consistent with the excellent service you provide because it’ll help build customer loyalty. Customers are more inclined to support a business which always delivers a great experience and they know they can trust.

Let them win

Remember that old saying about the customer always being right? Well, you should put it into practice. It’s better to be the bigger person in business, even if you know you’re right, it’s best to let the client win the argument.

Competitors

Many customers love to rant on social media about a company’s faults. Find out what potential customers are saying about your competitor’s products on social media. Your competitor’s negative reviews could help you provide a better product or service than them.

Where do your competitors fall short? What can you do to improve on their shortcomings? Give your customers something they can’t buy anywhere else. Is it possible to make your product more efficient or effective than the products in the marketplace? Or maybe your product could use better packaging. Brainstorm on ideas and think outside the box on creative ways you can provide a better product than your competitors.

Revamp your business

Your business shouldn’t be stuck in the middle ages, it has to evolve over time. Sometimes, the appearance of a company needs to be altered in order for it to gain new clients.

Lend a hand

You can collaborate with a worthy cause-related programme. People like to know they’re making a difference with people, animals or the environment. And they’ll likely support your business if they can see you’re offering a helping hand to others.

Build relationships

A business needs to find the missing pieces in order to complete its puzzle and stand out. Find people in the industry you can learn from or who can add value to your business.The best way to do this is through networking. It’s important to network in business because an encounter with a potential client could be a gateway to a business opportunity. Find opportunities to network at business functions, charities and over social media. For example, you could like a potential business associate’s page and leave comments. Reaching out to them could lead to a joint venture or a partnership. Networking is a key way to expanding your business.

Videos

Sharing videos is a powerful tool to market your business. A video going viral in a positive way could positively affect your sales and give your business the exposure it needs. As much as 50% of our brain is wired to remember visual content. If you tell a person a piece of information, the likelihood of them remembering it will be 10%. But if you add visual content to that information, it’ll be increased to 65%. If you share videos it’ll stimulate your customers and keep them interested.    

Respond quickly

How long does it take for your company to reply to a customer’s emails and calls? It’s important that companies try to respond to customer complaints or queries in a timely manner in order to provide customer satisfaction.

Listen

It’s also important to listen to a customer. They could make some valid points which could improve your business and help it stand out from the rest.

Back to school

There’s no end to books and what you can learn. You need to always stay on top of your game in order to stand out. You can enrol in a marketing or business training course to brush up on your skills because the business world is constantly evolving.

It’s important to stand out from the crowd, otherwise you’ll just blend in and become just another business in the marketplace. Standing out will make your clients remember you and could also build brand loyalty.

 

 

 

 

 

 

 

 

 

4 mistakes to avoid when starting a business

Owning and running a company is one of the most difficult tasks you can undertake in life. Besides stumbling and falling along the way, usually due to a range of factors beyond your control, there is one aspect that can ensure the company fails: you.

Firstly, you will never get everything right the first time, and that needs to be taken into account. Secondly, by not listening to others and only relying on yourself, you can very well doom the company. This isn’t the case for each and every business person, but it’s still a large possibility.

Below are a few points you should consider when starting your company, and if you’re already incorporating them, into how your business is run.

Not listening to your customers

Your product may be the greatest invention ever, with the perfect price-point, and enough functionality to keep any user satisfied. Well, that’s what you may think. In truth, customers have a range of individual needs when it comes to products. It’s true that consumers don’t always know what they want out of a product, though listening to them will help.

If customers are happy or unsatisfied with a product, they will often speak up about it. Though this may not be directly to your company and you may need to comb social media channels. Regardless, taking note of concerns and praises will help to develop your product and improve its overall quality, such as including additional features, or streamlining the way it is developed.

Doing everything on your own

Starting a business can be an expensive endeavour, whether you’re looking at asset finance solutions, or raising the money yourself. This means you’ll want to run a company that is as lean as possible, which in turn means you’ll be doing a lot of, if not all of, the work yourself. You may think this is the right way, but it’s not, and will lead to a range of problems.

Besides leading to fatigue and sickness from being overworked, running the business on your own is not an ideal solution. When you can, begin employing staff even if it’s at a slower than ideal rate. These employees will be able to handle menial tasks that take up too much of your time, which enables you to focus on the core of the business. Companies that have staff also give off a better image than a one-man/woman operation as it shows the entity is successful

Being too tight with cash

In following on from the previous point, while bootstrapping and running a lean startup can lead to a better business, being too cautious with money can lead to its own set of problems. Certain business assets, such as staff and machinery, are expensive, but not having the tools you need will slow down your business venture.

For example, you won’t need to have a full-time on-site accountant to manage the business finances, but at least outsource that function to another company. Doing it yourself when you’re too busy will lead to costly mistakes. The same goes for having a personal assistant, when virtual assistants will also suffice, depending on your needs.

If you have a delivery company and the vehicles need to be serviced, make sure it’s done. In doing so, you will not put your staff of vehicles at risk of breakdowns.

Pretending to know everything

There’s no harm in asking for help, whether you’re picking the brain of an employee or a third party for your company. You’re not going to know each and every detail of any business or the industry you are in and that’s okay. There are those who will pretend to know everything about every decision in order to not seem foolish, which follows along the “fake it until you break it” mentality.

In reality, faking knowledge can be very dangerous for your company. This could lead to hiring the wrong person for a position, taking on the wrong partners, investing in a marketing campaign that isn’t ideal for you, as well as the mismanagement of money. You could soon see the company around you crumble away.

One way around this is to hold regular brainstorming meetings with staff and people who you trust. While they may not be part of the company or have deep knowledge of your day-to-day tasks, they can bring some much needed outside voices and suggestions.

To sum everything up, don’t keep to yourself. Make sure that the company has room to grow and that you’re not limiting it with your decisions, otherwise the business may just fail.

How to be a better manager before hiring staff

You may have recently started your own business, or have been promoted to a higher position. One of the biggest challenges you’ll face is managing staff members, those people who help the gears of a company keep churning. As a new manager, what should you know before taking on the role?

There’s a lot more to managing staff than just dishing out work and signing off paychecks or leave. For one, you’re going to have to treat your staff as people and not machines, but besides that, here are a few things to take note of.

Adjustment periods take time

Not all of your staff members will understand the company and its processes when they join, regardless of long they’ve been in ‘the industry’. Each and every new staff member will need time to get used to and understand the products, work environment, and their fellow colleagues.

Typically, employment contracts are carried out for three months while testing if the new hire is right for the company or not. It can take between three to six months for a new employee to adjust to the job, and a further few months to integrate into it. Don’t push this learning period, but rather nurture it.

Training always helps

Be sure to make sure staff receive adequate training in whatever position they’ve been employed, as well as other parts of the company. There’s no use in letting a new employee try to figure out things for themselves when there are a number of processes in place.

If the staff member has shown to be exceptional, be sure to invest in their future, even if it’s just a sales and marketing course. By the company paying for the staff member to study further, it can benefit from the additional knowledge and tertiary education. This gives your team a greater edge in the business world. Be sure to compensate employees accordingly.

Each ‘person’ is actually a person and not a machine

Humans work at their own pace. They are flesh and bone and not cold machines. Be aware of how many hours a staff member is working, and how many hours you expect out of them as well. Very few people can work every single full hour from 8am to 5pm for five days a week.

Encourage staff members to take breaks, chatter, and surf non-work related websites in order to destress themselves. While this may not seem productive, it will go a long way to ensuring they are happy in the company.

Similarly, not all staff members will be eager to work after-hours as they have families and their personal time should be respected. Don’t praise those who work until midnight each morning as it sets unrealistic standards.

Let staff be staff

You may like to work in silence, but not everyone does. Humans need to be able to talk about their lives, what’s going on in the company, as well as joke amongst themselves. Keeping them chained up in absolute silence or under incredibly strict rules won’t get you anywhere.

Those under you may begin to resent the authority, which in turn leads to a less productive workforce. Respect is earned, not given.

You aren’t always right

There’s a good chance you’ve been in ‘the industry’ for a number of years, whether it be financing, agriculture, or retail. Over that time you’ve amassed a wealth of knowledge from the different roles you’ve taken on and the people you’ve dealt with. Thing is, it’s time to accept that you aren’t always right.

When it comes to managing staff members, be sure to always hear out their ideas on long and short-term problems and improvements. Those with an outside perspective may have a different solution to someone who has 10-years’ worth of experience. You don’t know everything and you need to understand that.

Take a chance

The ideal candidate for a junior position may be someone who has a degree and over a decade of work experience, but that’s not realistic. Your fantasy of the perfect employee is a fallacy. Take a chance on someone who is enthusiastic, willing to learn, or is self-taught. This is an age where not everyone can afford to have a tertiary education, and where experience means more than credentials.

Be sure to always be fully aware of your staff and those around you. Putting your nose to the grindstone may be your prerogative, but it may not be theirs.

Reasons to break up with your business partner

 

There comes a time in every relationship when you have to make the decision to try and work issues out or break things off with your partner. If the spark has fizzled, every conversation turns into a fight and spending time with them isn’t fun anymore, it may be time to reconsider your relationship. The same goes for your relationship with your business partner.

When you first started out, you may have spent endless hours bouncing ideas off each other, but now it’s hard to spend even two seconds in the same room with them. The relationship may have reached a point of no return and you want to quit because you and your partner are no longer on the same page.

Here are some common reasons people break up with their business partners.

Vision

Two people cannot work together unless they agree on a vision. You and your partner should want to head in the same direction. In the beginning, both of you may have had the same goals on where to take the business, but people change over the course of time. And your partner may want to take another route in terms of the business. If you and your partner have different views on how to run the business and the strategic direction of the company, it may be time to call it quits.  

No respect

If discussions with your partner end up in screaming matches more often than not, it might be time to evaluate your partnership.

When you’re in disagreement with your partner, you shouldn’t raise your voice. Even though you and your partner may not see eye to eye on certain issues, there should always be a level of mutual respect.

Judge, jury and executioner

Sometimes things can get out of hand to the point where you and your business partner end up taking each other to court. It’s better to try to settle outside of court, than spend large sums of money on lawyer fees. Going to court will be time consuming, financially draining and stressful.   

Work harder

They say two is always better than one because they can share in the failures and challenges of the business and come up with solutions together. If one falls down, the other can pick the other one up. But sometimes this isn’t the case. In some partnerships, you only get one partner doing all the work.

If you wear multiple hats in your business, while your partner wears none, it could create friction. In order to have a successful relationship, each person has to contribute. If you’re the only one working and you put in more effort than your partner or you contribute more skills, it may lead to conflict and you may feel taken advantage of. For example, if you put in 65 hours a week while your partner only puts in 30 hours, it could breed resentment.

You could have a talk with your partner to explain how their lack of work ethic is affecting the partnership and tell them that if they don’t pull up their socks, you may quit. Because the whole point of a partnership is to help each other carry the load and make things easier for the both of you.

Trust

Just like in any other relationship, trust is important. If you no longer trust your business partner, it may cause friction. For example, the trust could have been broken because they promised they’d do something but always came up with excuses about why they couldn’t. Your word is your bond and If you can’t depend on your business partner, it could lead to frustration.

Stress

People deal with stress differently. Some people use stress to motivate them to work harder and others crack under pressure. Starting a business can be stressful because there are many ups and downs, and you may feel like you’re on a roller-coaster. If your partner becomes negative and despondent about the business, it may be time to reevaluate your relationship. Attitudes are contagious and if your partner is always stressed out, it may affect your spirit and end up weighing the business down.

Inflated ego

If your partner thinks they’re all that and a bag of chips, you could have a hard time building a long-lasting relationship. There’s a fine line between confidence and arrogance. And if they always have to get their way and can’t compromise, your relationship could be headed for trouble.

Irresponsible

If your partner is irresponsible, this could be detrimental to the business. For example, if they use the company’s money for personal use, you may end up in debt. You could end up seeking means to get corporate finance to fund your business and pay off business debts to keep your company afloat.  

It’s normal to have differences of opinion with your partner and to view the world differently. In fact, your strengths can help cancel out your partner’s weaknesses. But if your partnership is a constant battle, it may be time to throw in the towel.

 

Tips for aspiring entrepreneurs

You may dream of being the next Bill Gates and have a desire to build a thriving, successful business. You’ve visualised your corner office, a fat bank balance, and coming to work at noon. And all that’s left for you to move from being a “wantrepreneur to an “entrepreneur” is making a few bold moves and taking action.

So, to help you out, here are key ways to help you start your business.

Make the move

If you don’t build your dreams someone will end up hiring you to build theirs. Nike’s famous slogan – “Just do it” – may have been based on a murderer’s last words but it should be applied to every wantrepreneur who dreams of making it big but is too scared to take the leap of faith. Life’s a gamble and you’ll never get anywhere or start anything if you don’t take the chance.

Vision and mission

Your business needs to have a vision and mission so you know where you are going as a business. When you’re driving to an unknown destination, you need to enter coordinates in your GPS in order for it to guide you. The same goes for your business. You need to write down your vision so you always have something to refer to and to show you that you’re on the right path.

Reputation

It takes years to build a good reputation and one second to destroy it. Which is why you should make sure you provide quality products and services so your business can have a good reputation. If you provide a product or service which meets customers expectations every time, you’ll be able to gain customer loyalty and your customers might recommend your brand to other people.

When you make a promise to a customer, follow through on it. Otherwise you may lose a customer. And if they rant about your brand on social media, it could damage your reputation. Word of mouth can build or destroy a business. Many people have boycotted products because of a negative reputation, which causes the business to fail and never recovers because of one mistake.

Perseverance

When you read many entrepreneurs stories, it seems like they were an overnight success. But that’s never the case. Blood, sweat and tears usually go into building a successful brand. Entrepreneurs should know the climb to success is filled with obstacles and challenges and the key to succeeding is perseverance.

Target market

Who is your target audience? You need to define who you’ll be targeting your product or service to. For example, if you’re selling pantyhose and your market is women, you need to find out what they like and where they buy it? What do your customers value and what do they desire in a product? Finding out about your target market is important because you’ll be able to create a product which caters to your customer’s needs.

It’s important to find out whether your target market will actually buy your product. Just because you want to sell a product and you think it’s a great idea, that doesn’t mean there’s actually a need. Many companies fail because they don’t do enough market research. It’s important to put yourself in your customer’s shoes and see things from their perspective.

SWOT analysis

You need to do a SWOT analysis on your business in order to be successful. What are your strengths and weaknesses, and what opportunities and threats are you faced with? It‘s important to assess your business and find out aspects which will make you thrive as a business. What can you do better than anyone else? What separates you from the rest and what are the things you can improve on? If you don’t do research, your competitors might.

Word of mouth

You need to make sure the word gets out about your product. If only a few people know about your business, you won’t make a profit. Technology has made it easier for companies to make their brands known. You can use social media to get people talking about your product. Facebook, Twitter and Instagram are great tools to create hype and buzz around your product.

Cut down on costs

When you’re starting your business, you might have a tight budget. So, you need to find ways to cut down on costs. For example leasing a car for business use or buying secondhand equipment could help you keep more money in your pockets. It’s imperative that as a business you save money and eliminate any unnecessary expenditures.

A running your own business isn’t an easy feat and it will take a lot of determination and persistence in order for you to succeed. Understanding your business and market is central to building a successful business.

 

What are the most common types of mining equipment?

Despite a slowdown in some sectors in the mining industry, there are still plenty of well paid jobs on offer. You don’t necessarily have to be an engineer to work in the mining industry, there are opportunities for tradesmen such as electricians, mechanics, miners, machine operators, boilermakers and the list goes on.

If you don’t know how the industry operates, it can turn out to be a dangerous environment in which to work. It’s important to have regular training and an understanding of the machines you’re working with. And the way you operate the machines also plays an important role in all aspects of the industry.

There are different types of mining equipment and each one comes with its own set of mining activities. The most common equipment vary, depending on whether the work is being carried out above or below the ground. Or whether you’re mining for gold, metal and sand. From crushing and grinding equipment, this industry comes with all the right tools.

Are you new to the industry and want to find out what it all means? Here are a few of the most common types of equipment used in the mining industry.

Mining drills

This is one of the most common pieces of mining equipment as it’s an important part of the underground mining operation. Underground mining takes place when rocks or minerals are located at a fair distance beneath the ground. They will have to be brought to the surface. Underground specialised mining equipment such as trucks and diggers are used to dig the material. And it’s usually pulled to the surface with skips or lifts for further processing. Drilling is usually required to place explosive charges to release the minerals from the overburden material. Underground mining operations have progressed over the years and they now make use of remote-controlled machinery.

If miners are required to work underground, drills are also likely to be used to ensure the holes are large enough to serve as a portal for miners to enter.

Blasting tools

Blasting tools are an important part of the mining industry and are used to break down and fracture materials. They’re also used to remove pockets of the unwanted material found with the actual mineral of interest. This tool is used for both underground and open pit mining operations. It’s known to be one of the most dangerous aspects of the job. Good blast designs are essential for mining operations to be successful. Poor practices and excessive explosives could result in damage to rock structures and that can cause unwanted caving.

Earth movers

If you’re mining above the ground, earth movers are utilised to carry loose soil on the ground from one place to another. Earth movers play an important role in the mining industry because the equipment is designed to work on big mining projects for a faster and more practical process. It’s usually used for digging, pushing and transporting the earth. You must have a specific skill set to work with an earth mover if you’re an operator.

Earth movers are heavy mining equipment that the industry would struggle to survive without. And they usually work hand-in-hand with bulldozers. It’s usually used for removing overburden of waste material, which enables the excavators to remove the material of interest. The bulldozers, on the other hand, are used to move this overburden material around to create a working surface for other equipment.

Crushing equipment

This equipment is used to crush rock and stone. It’s designed to achieve maximum productivity and a high reduction rate. Mining crushing equipment comes in a variety of different types for a range of jobs.

This equipment is specially configured to break down hard rocks or gravel to a manageable size for transportation or conveying. It’s a valuable piece of equipment in the industry because it reduces the cost associated with the handling of larger sized material. It also ensures efficient liberation of elements in downstream processing materials. In the case of a strip mining operation, the run of mine material is usually transported to the primary crusher. And in underground mining operations it’s conveyed to the primary crusher. This equipment is important to the mining industry because it reduces the use of precious excavated resources and eliminates the amount of material on the site.

These are just some of the equipment needed in the industry. And it’s important to know how acquire finance for this mining equipment. All these common mining tools are important to the industry and will help to get the job done efficiently and cost effectively.

Is your security system infrastructure in place?

security-265130_960_720Security is not always the first thing new business owners think about. In fact, it’s often the last thing they think of but it’s good plan to have in place from the beginning. When you create your workspace there is a lot of administration to take care of. You’ll need to begin setting up your phone lines, internet connection, choosing your furnishings and having the workspace branded. During this time you should begin considering the various security methods you’d like in place. Of course, these differ depending on where you are based.

 

If you decide to rent an office in a building filled with other companies, the security and internet connection will probably be up and running already. If you decide to find an office that is freestanding then you’ll need to set up these things, and more, yourself. This requires you having many long winded talks with your rental agent or landlord. So if you’re thinking about security but you don’t know where to start then here are the basics you’ll need to consider.

 

CCTV

 

Video surveillance cameras are important. They will protect you against crimes such as theft and vandalism, but they also deter prospecting criminals from even attempting to enter the premises. If you install surveillance cameras then you should invest in a video wall controller and recording system so that you may view activities happening throughout your workspace. It can also help to resolve serious employee conflicts and helps to make employees who are working after hours feel safer.

 

Access control

 

Access control systems should be installed at your entrances and exits. These may be in the form of an access tag system, a fingerprint installation or even a simple turnstile. You need to create safety barriers. Making sure access control systems are situated at entrances, exits and any other sensitive areas in your workspace aso indicates to passersby that your premises is secured.

 

Alarm system

 

Installing an alarm system that is connected to your neighbourhood watch service is an excellent idea. This is one of the best ways to ensure your property is protected from a burglary, a holdup or any other type of unauthorised entry. You can opt for systems that allow you to remotely monitor your premises if necessary. Also when these systems are triggered the neighbourhood watch is immediately notified, which means someone will address the problem within minutes of it occurring.  

 

Fire and safety

 

Being equipped to handle a fire and to save your employees in the event of an accident is extremely important. You need fire alarms installed throughout your workspace to detect smoke the minute it occurs. Smoke inhalation can be fatal and as dangerous as suffering a burn. You must have the alarms monitored by an inspection service. If you happen to store hazardous materials on site then you should consider a hazmat kit that will help you clean up oil, flammables and other dangerous substances.

 

There are many different types of security systems on the market. You need to do your research to find out what’s most suitable to your business. Also, consider your insurance and what they require in terms of security systems – they won’t cover you in the event of a disaster or criminal activity if you don’t have the correct cover in place.

 

Tips on improving your business

Why do some businesses fail and others do exceptionally well? Some would blame it on sheer luck and others would blame it on perseverance. The truth is there are many ingredients needed to build a successful company and you need to analyse all sections of your business to see where you fall short and what you can do to improve it. A business isn’t built in a day. It takes effort, hard work, and trial and error to get a business going.

Here are key ways to improve your business.

Help your customers

Author Alan Weiss was quoted as saying, “Ask your customers to be part of the solution and don’t view them as part of the problem.” Listening to your customers is important in building a successful, thriving business. And you can do this by providing your customers with excellent service.

Your business should offer quality service that differentiates it from competitors. The aim should be to offer what customers want and what would benefit them. Don’t just focus on what you want to sell. One way to provide the best service is to put yourself in the customer’s shoes and try to understand things from their perspective.

A key way to find out what your customers need is to create questionnaires to get direct feedback from the customer about the problems they’ve encountered with your product. The questions you ask shouldn’t be complicated. They should be simple questions that could range from, “How easy was it to buy from us?” to “How happy are you with the purchase?”

The questionnaire shouldn’t be long and hard to figure out. Otherwise, the customer won’t fill it out and will feel that it takes too much effort and time.The main objective is to make sure customer expectations are met.

Goals

Setting goals for your business is important because if you don’t set them, your business is likely to fail. Having clear, well-defined goals will make your business grow and improve teamwork at the same time. The goals should be SMART( specific, measurable, attainable, relevant and timely). Smart goals are associated with Peter Drucker’s management by objectives.

Specific – you should be able to clearly define what goals you want to achieve for your business.

Measurable– you should be able to clearly measure the progress of your goal at the end of a specific period.

Attainable – you should ensure the goals are realistic and attainable. If the goals are impractical, you’ll never be able to achieve them and you’ll waste a lot of money.

Relevant – if the objective isn’t relevant to your customer, it’ll be a failure.

Timely – set a realistic deadline you’ll be able to meet. If the goal is to get new clients for your company, make sure you set a deadline that’ll be attainable.

Know your competition

Social media is a perfect platform to find customer complaints about  products or services offered by your competitor. Customers usually use social media as a place to vent their frustrations. Studying the competition will help you find out who their customers are and you can focus on a whole new demographic.

Find ways to keep costs low

Find ways to cut down on costs. You can buy secondhand equipment, such as smartphones, machinery and office furniture, to keep your expenses low.

You can also lease out equipment instead of buying it. Nowadays anything can be leased. You can lease your company vehicles or computers. This’ll save on costs and you’ll also have the latest model. When you lease assets, you’ll save substantially because your monthly payments will be lower. Sometimes maintenance is included in the lease agreement and this could help you save on future costs. For example, if you own a mining company, you could find it hard to finance machinery because it’s expensive. You could lease your mining equipment to save on costs.

Advertising

Advertising can cost a business a fortune. But technology has made life easier for companies because now they can use social media to advertise their products and be able to reach a huge market in the process.

Clarence Francis once said, “You can buy a person’s time, you can buy their physical presence at a given place, you can even buy a measured number of their skilled muscular motions per hour. But you cannot buy enthusiasm, you cannot buy loyalty… you cannot buy the devotion of hearts, minds or souls. You must earn these.”

And you can earn the loyalty of your customers by providing exceptional service and differentiating yourself from your competitors.