The Importance of Giving Out Physical Awards or Trophies in The Workplace

There are numerous studies on corporate culture, and human psychology that showcase the various motivators have in the workplace. The common factors that keep employees going include a sense of achievement, financial stability, a chance to continue learning new things, an opportunity to get a promotion and even having power and control. However, the most important but usually neglected motivator is the power of employee recognition. In this read, we are going to discuss the importance of giving out custom awards or trophies in the workplace.

Boosts Morale

Morale affects everyone, and if you are not into your job, it’s highly unlikely that you will perform well. It’s crucial that you try and boost morale, especially in the workplace. Physical awards like trophies are an excellent way to increase confidence as it tells the workers that their role is appreciated. If an individual knows that they could get an award for their job, they are certainly going to put more effort in their role.

Increases Productivity

It is no secret that workers who are engaged with work more proactively and efficiently, therefore more productive. If individuals know that their efforts are likely to be rewarded, they will undoubtedly work harder. Employee recognition through physical awards is an excellent way to ascertain that you have a productive team in the office.

Heighten Employee Loyalty

Another significant effect of employee recognition is increasing their desire to stay with the organisation. One of the measures of success is the ability of a firm to retain their best workers and employees. If your people are trying to leave because they are unhappy with their roles, it won’t be long before you are left with an empty office.

The cost of training new employees is always high. You’ll need to invest time, money and trust to a new team which you will have to get to know. On the other hand, if you ensure that your employees are appreciated in the workplace, you will never have to look for a new team to fill the empty roles. Instead, you can grow the loyal workers into the next generation of leaders in the company. This way, you can engage on other things like traveling the world, spend more time with your loved ones or even start a new business while maintaining the peace of mind that your company is in good hands.

Job Satisfaction

According to various studies, workers who feel that their contributions and roles are being recognised are more likely to be satisfied with their jobs. These individuals feel good about themselves and are motivated enough to continue doing great work at the company. When a person knows that their efforts are being recognised and appreciated, they ideally get the determination to excel and improve at their roles. This, in turn, ascertains the business with quality work and service from that individual.

As you can see, there are numerous benefits of giving out physical awards or trophies in the workplace.

Tips For Starting Your Own Air Compressor Hire Business

There are many people who consider starting an air compressor hire business. If you are one of them, you need to know how to do this correctly. There are a number of steps and tips that you should know about which will help you start your business correctly.

The Legal Requirements

One of the first points that you need to consider when looking at starting an air compressor hire business is the legal requirements. The exact requirements will vary depending on where your business is going to be located. It is recommended that you contact your local authority to find out the exact requirements or get in touch with an attorney.

There are some general requirements that all hire businesses need to adhere to. The first is to set up a company and it is recommended that you look at a private limited company. To set up this company, you will need to have a business name which is registered with the company registrar as well as the documents showing the structure of the business.

Look At Insurance

Many people do not realize that their hire business needs to have certain insurance coverage to operate correctly. The insurance you get will need to cover your air compressors and offer public liability insurance. The coverage that is offered will vary depending on the policy that you take so you need to be careful.

If you are unsure about the insurance that you need, it is recommended that you contact an insurance specialist. A business lawyer should also be able to help you determine the basic insurance that you need. However, they will not be able to help you acquire the insurance that you need.

Determine The Type Of Renting You Offer

There are 2 different types of renting that you can offer your customers and you need to choose which one you are going to work with. It is possible to offer both, but you will need to be prepared for the legal requirements of each. The renting options that you need to consider are contract hire or hire purchase.

Contract hire is the most commonly used by air compressor businesses. This type of renting allows the customer to hire the air compressor for a specific period of time. You will be allowing the customer to use the equipment for this period of time for a set fee.

Hire purchase is different as the item will eventually belong to the customer. With hire purchase contracts, the customer will pay a set amount each month for the air compressor. At the end of the contract period, they will own the air compressor.

Most people who look at starting an air compressor hire business will look at contract leasing. This ensures that they continue to have air compressors in their inventory and will lower their costs. With hire purchase, you will need to buy the air compressors and then sell them on which may not be financially viable for everyone.

Should You Rent Or Buy Transport Equipment For Your Business?

If your business needs transport equipment, you have two real options available to you. You can rent the equipment that you need from a company such as, or you can purchase it.

Buying and renting both offer advantages and disadvantages. You’ll want to compare the perks to the drawbacks before making a decision.

Buying Equipment Is The More Expensive Option

If your finances are tight, renting is probably the best option for your business. While there are affordable purchase options — like buying used — rentals usually require you to spend more up front.

It’s important to remember that you won’t just have to cover the initial cost of the equipment that you buy. You’ll also have to pay a number of fees. For example, you’ll need to have insurance for your equipment, and you may have to pay licensing fees as well.

That stated, if you’re going to be using this equipment consistently, you may spend more renting in the long run. Crunch the numbers and determine the option that makes the most sense for you financially.

Buying Means That You’ll Always Have Access To The Equipment You Need

When you purchase transport equipment, that equipment will always be available to you. If you own your own equipment, you’ll be able to use it at any time, day or night. If a job falls into your lap at the last minute, you won’t have to worry about renting the necessary equipment; you’ll already have what you need.

Of course, 24/7 access isn’t necessarily something that every business needs. If you don’t need to use transport equipment very often, having this equipment ready and available to use might not benefit you in any significant way.

When you own equipment like this, you’ll have to be prepared to store and maintain it. The convenience of owning your own equipment may not be worth the extra hassle. Consider your situation; think about what is best for your business.

Renting Gives You Access To A Wider Range Of Equipment

When you rent your equipment, you won’t be limited to using the same kinds of equipment over and over again. Instead, you’ll be able to select the equipment that is best for the job at hand. If desired, you can rent a different piece of transport equipment every time.

If your business works with a wide array of clients or handles many different kinds of materials, you may appreciate being able to select transport equipment that’s well suited to the task at hand. If you tend to take on the same kinds of jobs over and over again, you might not need to change the equipment that you rent. A single piece of transport equipment could cover all of your needs.

Compare the costs of buying versus renting. Look at some of your other options, like buying used equipment. Find the option that makes financial sense for you and your business. Whether you rent transport equipment for your business or buy it outright, you should be completely satisfied with your decision.

Keep Growing your Business Even During The Hard Times

Keep growing your business even during the hard times
In every business there will be times when everything is not going according to plan. A million things can influence the running of a business. The economy, newer establishments, change in the area where your business is situated, change in clientele, these are all factors in keeping your business afloat. Most of these you cannot do anything about. It is not in your power to change these things, but you can work with them, or around them, and even straight through them.

There is always something else you can try. Remember that your business is driven by customer need. You built a stable client base and should use this as a point to grow from. Keep strong relations with your clients. Good results and Excellent Customer service attract business and is always a good way to get free advertising. Word of mouth goes a long way to selling your business and its reputation.
Don’t stop growing, always keep on moving forward, even if it is one tiny step at a time, eventually you will get there. Remember your long term thinking and planning, the vision you had for your business. Think out of the box and see the opportunities that no one else wants to take. Take a chance that nobody else wants.
Empower your personnel to make their own decisions and to take pride in their work. Everybody should have a voice. Good ideas come from anywhere.

Always plan for the best, but expect and prepare for the worst. That way you will have a backup plan at the ready. Always stay positive, even at the worst of times.
Perseverance is essential for survival. You started your business in good faith. You did the research and delivered your product or service. It was always going to be hard work. Just keep on going. Keep thinking out of the box. Keep knocking on unopened doors, and inspect all the possible avenues you could still explore.
In the end, you are still the decision maker that decides if there is a way forward. You will know when to call it a day. But that should be the very, very last avenue you should take.

5 Innovative New Technologies to Help Run your Food Business Successfully

Working in the food industry, you need to do your planning for each day to the tiniest detail or get swamped. A scheduled routine should be established for the operation to run effectively. There should be enough time for preparation that needs to be done before opening time. You need personnel that love food and your business as much as you do. Owning, and running a food shop, eatery or restaurant, you need to stay on top of new inventions that will make your day-to-day life easier.
5 Innovations to help you be efficient and proactive in your shops daily activities

1. Touch screen Food Vendors: Could be used in all kinds of food establishments. Be prepared to pay for this convenience, but in the end it will be worth every cent. People like new technologies and would love to create their own orders. Your business might even benefit by reducing go between staff.
2. Tablet, Restaurant/food shop/ take away, Management: When very busy, which all business owners wish to be, this will give you instant information on what is happening in each sector of the business. It can even process sales and deliveries as well as sends orders through to the kitchen. There is a monthly rental rate and updates are free.
3. Automatic Biodiesel Converters: You pour in your used oils, vegetable or animal, and the automated BioPro processors will produce small batches of industrial grade diesel. This diesel can be used in your delivery vehicles, etc. This invention will save you money on fuel costs, waste removal and used oil removal.

4. LED Alert Systems: Kitchens are normally very noisy places. This system alerts staff by lighting up when certain jobs are done or should be done. Any busy cooking area could benefit from this type of alert system. You cannot always hear, but a flashing light would draw attention.
5. Webcam Enabled Monitoring: This kind of system could be very helpful to owners of more than one business. You can now monitor all facilities simultaneously.
With all the new technological inventions, saving time and money, you can have more hours to think of new ways to boost your business and reach more possible hungry customers.

An Idea? A Decision. Ready, steady, go! 5 Tips on Starting your Own Business

Starting a business is not for the faint at heart. A new business can be very stressful and demands total focus and almost every minute of your time. You have to decide beforehand if you will be able to cope with all the demands on your time and all the chores that have to be done. It is very hard work. You have this brilliant idea, but will it be enough to make a successful business?
5 Tips to help you evaluate the chances of your intended new business
1. Start by doing Market Research on the need for your product or service. Who needs it? What age group will benefit the most? Where do you find your target group? Will this service or product enhance the life of people? You can circulate a questionnaire, online and by distributing pamphlets, to get an estimate on the demand for your product or service.

2. The business location is of great importance. You found your target market. Find a location where the business will be visible and accessible. But always keep in mind the cost. You are starting, and do not have a regular income or client base, as yet.

3. You need to establish a Budget plan. What kind of money do you need to start your business? Do you have this money available? If not, are you going to ask people to invest in your business?
4. Develop a business plan that state the business’ mission, the product or service, what kind of structures you will use regarding personnel, the target market and financial projections. If you need investors you will need this to persuade them to give you money.
5. Make a decision to be adaptable to input from your, probable, customers to optimise your business’ service delivery. You might have to modify certain ideas about your business or product to assure good customer service. Decide to learn as you go, and change your initial thoughts if better solutions are available.
Also keep in mind that honesty is always the best policy. Renew your outlook, concerning the business, regularly. And always remember to be patient; Rome wasn’t built in one day.