Best tips from PC experts

Building your first PC can get intimidating, but as long as you pick out the right PC components and put everything in the right slot, you’re going to be just fine. And, luckily, we here at TechRadar are here to help you do exactly that, even if PC building is such a plug and play process these days.

With this guide, we’re going to show you how to build a PC, step by step. And, for those who’ve already done it, maybe we can show you a thing or two you don’t already know.

Building your first PC can get intimidating, but as long as you pick out the right PC components  and put everything in the right slot, you’re going to be just fine. And, luckily, we here at TechRadar are here to help you do exactly that, even if PC building is such a plug and play process these days.

With this guide, we’re going to show you how to build a PC, step by step. And, for those who’ve already done it, maybe we can show you a thing or two you don’t already know.

12 Inventory Management Techniques To Cut Losses

Imagine a set of business decisions that could slash your costs and boost return on investment, profits and return on sales. Though the jury is still out on a perfect correlation, at least fifteen studies in the past twenty years have suggested a positive link between tighter inventory management and business performance.

Even more directly, evidence suggests that performance is related to ‘the number of techniques employed and the depth of their implementation’. And, according to the same study, that the adoption of improved inventory management techniques has a positive knock-on effect, encouraging management excellence in other business areas.

In short, taking greater care of your inventory pays. But all that begs the question: which techniques can you adopt to ensure your inventory is working for you? In this blog, we’ll share 10 ideas to get you started

Tips For Setting Salary As A Business Owner

The answer to this question may seem as simple as ‘Duh, I withdraw it from my small business account’ but, unfortunately, the reality is a little more complicated. As a business owner, you have two main options for taking home a salary and understand which option is best for you can have profound implications on your taxes, companies taxes and, ultimately, your company’s valuation.

What are my salary options as a Small Business Owner?
To pay yourself a salary or draw? That is the million-dollar small business question. The right option for you is primarily based on the legal structure of your business and your personal tax situation. Definition: A draw and a salary are both fine ways to pay yourself as the owner or operator of a small business. The primary difference is that a “draw” is an amount distributed from a sole proprietorship, partnership, or LLC without any tax deductions at the time of the draw. Whereas a salary is a payroll amount paid to you in the form of a paycheck with federal and state tax deductions, regardless of how you have filed your business entity. Read more about it here.

What should my small business do?
The fines for payroll tax errors are substantial enough to kill a small business. So, the first thing you need to do is speak with a qualified accountant or bookkeeper who will assess the revenue of your business, your personal income level, your financial needs, and the most recent legal changes to ensure you are paying the appropriate amount of taxes in the most efficient way possible.

How To Write Effective Invoice

An invoice is a commercial document issued by businesses to indicate a transaction, and request payment for the product or service provided. In today’s business world, there are certain expectations around how we talk about money. An invoice is a powerful communication tool that ensures payment in a timely manner, and also makes a good impression on clients, setting the stage for long-term relationships. This invoice template guide will discuss everything you need to know about invoicing, and why it’s important to get it right.

THE POWER OF A PROFESSIONAL INVOICE

Accurate billing is extremely important for anyone running a business. It can be the difference between building trust and doing more business with your customer, and leaving them with a bad impression because a small detail was left out, or misrepresented. Business owners who provide detailed, prompt invoices straight to the customer’s inbox come out way ahead in the credibility stakes. Here’s our tips on creating a professional invoice that builds trust with your customers:

Why Hiring Interns Can Benefit Your Business

Your company will benefit from an internship program if it’s a priority for your business, structured, and provides students with the supervision they need to be successful. By also providing adequate training before the program begins or hosting an intern orientation, you’ll see even better results. The more resources your company is willing to put toward the internship program, the better it will be. The better the internship program, the more competitive it will be. And the more competitive the program, the stronger the applicant pool.

If you have a great program, you’ll attract great students.

Fresh Perspective

Drawing perspective from anyone outside of your industry, team, or day-to-day operations often courts surprising inspiration. Properly-executed internship programs are no exception. Bringing in students who don’t see your company from the inside every day opens up an opportunity for fresh perspectives on your business, strategies, and plans. To maximize these potential benefits, make sure to include interns in brainstorming sessions and encourage them to speak up in meetings. Attending brainstorms is often a favorite among interns, so it’s a win-win for both parties.

How To Future-Proof Your Business

Last weekend, I wanted to watch a movie with my family. My wife was constantly asking me if I booked the tickets. I took my phone out from the pocket, opened the BookMyShow app and booked the tickets in few minutes. As I avoid driving during rush hours, I also booked a cab with couple of more clicks. Weekend is also when we need to stock up the grocery. So, opened the BigBasket app and ordered regular household stuff in less than 10 minutes.

What seems to be a normal behaviour today was not even a distant dream just 2 yrs back. Things have changed dramatically and it not only affected my behaviour as a customer, it caused an significant impact on the businesses as well.

Lot of business had to either change the way they work or shut down due to these fast changing environment. This brings us to an important question – Can we future proof our business? Can we increase the chances of business survival?

We can’t predict the future but we can definitely prepare our business to face unforeseen challenges. Here is a list of 8 strategies that can help you to future proof your business.

The 5 Things All Great Salespeople Do

Early in my sales career, there was a day when my boss watched me in action. I was a little nervous, but I still felt confident that I wouldn’t disappoint. Unfortunately, that’s not exactly what happened.

Without hesitation, he let me know that he felt I was just “sailing” by. It was enough to survive, but it wouldn’t make me successful.

That struck me to my core. I didn’t want to be good enough to survive. I wanted to be so great at sales that I put my competition to shame.

After that honest conversation, I took the time for some self-reflection to see where I could improve. I also did some research and asked other successful salespeople how they gained their competitive edge. It took some time — along with some trial and error — but I eventually came to the conclusion that great salespeople do the following five things.

I personally feel that this is one of the most important elements of success — whether that’s in sales or launching your own business. When you’re prepared, you’re better suited to handle every question, obstacle, or rejection thrown your way.

Of course, you can’t anticipate literally every setback. But you can start by jotting down a list of every question, obstacle, or rejection that you believe prospects will have. In other words, create a list of every worst-case scenario you can think of. Then, develop a clear, convincing response to every objection or question.

Reclaim Your Creative Confidence

Most people are born creative. As children, we revel in imaginary play, ask outlandish questions, draw blobs and call them dinosaurs. But over time, because of socialization and formal education, a lot of us start to stifle those impulses. We learn to be warier of judgment, more cautious, more analytical. The world seems to divide into “creatives” and “noncreatives,” and too many people consciously or unconsciously resign themselves to the latter category.

And yet we know that creativity is essential to success in any discipline or industry. According to a recent IBM survey of chief executives around the world, it’s the most sought-after trait in leaders today. No one can deny that creative thinking has enabled the rise and continued success of countless companies, from start-ups like Facebook and Google to stalwarts like Procter & Gamble and General Electric.

Students often come to Stanford University’s “d.school” (which was founded by one of us—David Kelley—and is formally known as the Hasso Plattner Institute of Design) to develop their creativity. Clients work with IDEO, our design and innovation consultancy, for the same reason. But along the way, we’ve learned that our job isn’t to teach them creativity. It’s to help them rediscover their creative confidence—the natural ability to come up with new ideas and the courage to try them out. We do this by giving them strategies to get past four fears that hold most of us back: fear of the messy unknown, fear of being judged, fear of the first step, and fear of losing control.

Invoicing Mistakes That Most Startups Make

Each Startup proprietor knows the battle and significance of managing solicitations.

Cash is the center component of your business and you would prefer not to foul it up, particularly when you are simply beginning off, isn’t that so?

Everyone conveys a manual of all the correct things to rehearse in their business however it’s similarly critical to comprehend what to keep away from.

Invoicing isn’t an assignment that gives much incitement or energy, it’s an errand that gives a consistent stream of salary. It is essentially insufficient to convey records to your clients. Following up should be an innate piece of the procedure. Numerous clients will push your record to the side until the point that they require your administrations or you continue bothering them. Obviously, this isn’t by decision by and large but instead a matter of conveying their approaching accounts.

What Is Bharat QR Code & How You Can Benefit From It

Post demonetization, the BharatQR payment mechanism has set a new benchmark being the world’s first interoperable payment acceptance solution. The integrated payment mechanism leverages the Quick Response (QR) code system for accepting payments from customers directly into merchants’ current accounts. It has been developed by National Payments Corporation of India (NPCI) in collaboration with Visa, Mastercard, Amex and Rupay.

According to industry estimates, non-cash spending is expected to overtake cash spending by 2020. At Pine Labs we are committed to help merchants adopt digital payment methods. To drive electronic transactions, one of the biggest needs is infrastructure. And BharatQR essentially eliminates the requirement for capital and operational expenditure.

Here’s how your business can benefit from this method of payment:

Enable cashless transactions for customers without cards

Customers can carry out cashless transactions without any physical credit or debit card. Payments are made through smartphones having BharatQR-enabled banking apps. This payment system supports Visa, MasterCard, American Express, and Rupay cards, and BHIM-UPI for wide acceptance. You can link multiple cards to your BharatQR supported bank apps and select any one of them based on your need.

All that customers need is an app with the BharatQR payment feature. To make a payment, they need to click the BharatQR icon, scan the QR code at your store, enter the amount and their 4-digit passcode. Viola! The payment is done. Once the authentication is completed successfully and on settlement, the amount is transferred to your account.