4 Great Ways To Improve Office Productivity

Jul 12, 2017 by

4 Great Ways To Improve Office Productivity

What is productivity? It’s how much and how well you get things done within the time you’re provided. It’s also a measure of the quality and quantity of work you do when at the office.

Employee productivity is critical to every office. In any business, productivity is the main driver of growth and survival amidst radical shifts in the market and the economy. The more productive a company’s employees, the more work gets put out and the faster the company grows.

The recent interest in measuring productivity has created a niche for businesses like JJ Bender that provide efficient office equipment to help employees stay productive. By improving office equipment, you’ll be able to give your employees the tools they need in order to succeed.

Looking for ways to improve your business? Here are 4 great ways to help you boost productivity in the office.

1. Encourage Your Employees To Take Mini Breaks

It’s been proven that taking breaks boosts productivity. Studies show that employees who take a break once every hour perform better than those who don’t. Taking breaks will allow your employees to refresh their minds and avoid hitting a mental wall.

Studies show that creative ideas often come during downtime when your mind is able to roam and think freely. So, instead of allowing your employees to take only one break in a day, encourage them to take a short break every one or two hours to give them time to relax and recuperate.

2. Invest in Smart Equipment and Furniture

Your office equipment, furniture, and fixtures play a big role in influencing your employees’ productivity. Office equipment, as simple as a commercial printer, when not functioning properly, will end up frustrating the employees – making them more unproductive. At JJ Bender, you can browse through multi-purpose smart printers that you can purchase or lease. Equipping your office with smart equipment will not only reduce time spent in operating the machine, but also the time spent on manual work done by employees.

3. Promote Collaboration And Social Interaction

Weekly brainstorming sessions or open forums will foster collaboration and social interaction in the office. This does not only nurture free flowing of fresh ideas but also improves the wellbeing of your employees. Moreover, this practice also promotes inclusiveness in the organization. Encourage your employees to contribute to the team and reiterate that all ideas are correct. With this, productivity will increase alongside your employees’ morale and well-being.

4. Be Open And Ask For Feedback

There will always be something that you might not notice. With this, open office setup and fostering feedback sessions are important in any organization. This will help both sides air any concerns or suggestions to make working in your office more efficient and convenient. This can be done through the monthly town hall sessions or a brown bag lunch with the team. You can also consider adding a box where employees can drop a note anonymously. With this, you get to boost your employees morale and you will also know exactly what your employees need to make them more productive with their work.

Jumpstarting high productivity in the office can easily be done through simple tweaks in the office and consistent encouragements to your employees. Don’t wait until low productivity levels put you behind your competition.

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How Can EHRs and Healthcare Information Systems Help You?

Feb 7, 2017 by

How Can EHRs and Healthcare Information Systems Help You?

If you haven’t switched to electronic health records (EHRs) just yet, now is the perfect time to make that leap. Hospitals and healthcare providers are implementing EHRs across the board to allow for better patient care and good management of patient information. EHRs are just a small portion of the improved health IT ecosystem being used to improve care, according to studies complied by the University of Cincinnati. Systems such as better medical imaging and access to healthcare information through online portals and resource centers are also making healthcare more accessible than ever.

It doesn’t stop at our healthcare industry either. Universities and their online MSHI programs are now offering students a chance to become health IT specialists through courses that focus on information systems. These changes will continue to bring positive changes to the entire healthcare system for years to come.

To learn more about how EHRs and healthcare information systems can help you, be sure to read the full The Anatomy of a Health IT Ecosystem infographic below.

This infographic was created by the University of Cincinnati.

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Top Alternative Ways to Raise Capital for Business Expansion

Jan 19, 2017 by

Top Alternative Ways to Raise Capital for Business Expansion

Looking to finance your business expansion without going to the bank? Capital for growth or renovation can be hard to acquire without assistance from institutions, which is why it’s important to your lender wisely before even applying for a loan.

In this article, we will discuss the top alternative ways to raise capital for your business expansion. Chances are you will use a combination of two or these, but for most small businesses, one lender is enough.

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Navigating Asset Finance for Small Business Growth

Jun 3, 2016 by

Navigating Asset Finance for Small Business Growth

Small business can make smart use of asset finance and its various benefits to fuel growth and expansion. But how does asset finance work, and is it right for your business? Here’s what you need to know.

Typically, business growth requires serious investment of capital in relation to new equipment, machinery, plant, vehicles, technology or other business assets. But if you’re a new start up enterprise, how can you afford to spend on such assets in order to grow and expand your business?

Asset finance, as provided by Ultimate Finance is the solution. Hire purchase and leasing options provide access to assets which you might not be able to afford to purchase outright.

How does Hire purchase function?

The basics: at the end of the agreed term you own the asset. A deposit of between 10% and 20% is normal. You pay a set monthly sum. You get access to the asset without needing to come up with the full amount upfront. However, you also need to factor in the interest you will pay over the term, which can typically be 25% of the overall value of the asset.

Benefits of hire purchase

  • No need for a bank loan.
  • No collateral or security required.
  • You own the asset at the end of the term. You can sell it and recover some of the investment made in it.
  • Hire purchase payments are tax deductible.

How does leasing function?

The basics: you use the asset, but never own it. Normally there is no need for a deposit. You pay a set monthly sum to use the asset. At the end of the period you can upgrade or replace the asset or simply terminate the agreement. Lease periods are flexible, typically between a month and 24 months. You avoid the need for large capital expenditure upfront, although you never actually own the asset.

Benefits of leasing

  • At the end of the term you can simply terminate it, renew it, or possibly purchase the asset (optional).
  • It is easier to update an asset for the latest version (if this is important) for your business.
  • Leasing often includes all related services such as maintenance, repairs, insurance and replacement in case of breakdown. You are only responsible for the monthly payment.

Being able to access the necessary machinery or equipment which will allow your business to expand and move forward is essential for growth; and asset finance allows you to do this without the need for immediate large capital investment. By spreading the cost of asset acquisition over a longer period, either through hire purchase or leasing options, your business can move ahead confidently.

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The Top Questions to Ask Yourself before Becoming a Business Owner or Entrepreneur

Jun 1, 2016 by

The idea of having your own business has always been an attractive one for many people – you have your own time, you can manage your schedule the way you want, you can have other people working for you, and, if your business is successful, all you have to do is sit back and rake it all in. But having a business is more than this. It takes plenty of time, effort, and resources before you can make it work. But if you are thinking of becoming ‘your own boss’, how do you determine if it is really what you want to do and if it is really the right fit for you? Below are some top questions you should ask yourself before venturing into the world of business as an entrepreneur.

Am I really suited to having my own business?

You have to be honest with yourself when you ask this question. First, you have to have an idea of what benefits you can accrue by being your own boss. Afterwards, think about the disadvantages of being an entrepreneur. Do these benefits and disadvantages suit your own goals in life, your personality, and your skills? Additionally, you have to assess your leadership skills. Do you see yourself as a leader, or are you more of a follower? Are you good at motivating other people? Additionally, are you comfortable with reprimanding other people or disciplining them? How about making decisions? Are you comfortable taking risks and making major decisions, or would you rather leave this burden to someone else?

Do I prefer stability, or do I like taking risks?

The Top Questions to Ask Yourself before Becoming a Business Owner or EntrepreneurImage Courtesy to : Stuart Miles/FreeDigitalPhotos.net

Many successful entrepreneurs like being in full control, and they also like the challenges related to running their own company. If you see yourself this way, then it’s the first step to becoming your own boss. However, if you prefer the stability and security brought by a job, paid holidays, and government benefits, then you may be better off staying an employee.

What strengths and weaknesses do I have?

You also have to be fully aware of your own strengths and weaknesses. Once you have a complete understanding of this, it will be easier to choose the type of business that will showcase your strengths and not your weaknesses. Also, if you have a particular skill in a certain sector or industry, then you may want to take advantage of it. If you don’t, it would be a good idea to find a partner who has a background in the industry you are interested in.

Additionally, you should work on your weaknesses. If you have a weakness in finance or accounting, then you could find someone to help you with it from the start, such as one of the many firms of accountants central London offers.

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Popular Forex Trading Strategies

Feb 29, 2016 by

Popular Forex Trading Strategies

Forex trading is done best if done with the best Forex trading strategies in hand. Over the years countless number of different strategies was invented and some rely on the technical use of charts and numbers while some use the fundamental understanding of the market with reference to current News and events. Some strategies develop in popularity while some others are used only by a small portion of the traders. We will discuss some of popular Forex strategies here in this article.

One of the most popular Forex trading strategies

Support and resistance level is one of the most popular forex trading strategies and every trader should learn how to look for support and resistance levels on the charts. This strategy serves as a baseline for trading activities and analysis of trading. The best thing about this strategy is that a good trader can spot the support and resistance levels even on a naked chart since they are ease to be identified.

Scalping

Scalping technique is a great trading technique for many traders. It is a low risk strategy but it allows traders to make strong profits over the time. A great amount of patience and alertness is required in the scalping technique. Emotionless trading has to be strictly performed along with this strategy as they lead to compulsive actions not good for this kind of strategy.

Trading with trends

Trend trading is one of the leading Forex trading strategies today and helps in increasing the profits significantly. The strategy belongs to the identification of the trend and trading alongside it. Though this strategy seems to be easy, in real sense many dilemmas pop up when trying to identify the trend and thus trend trading strategy requires a lot of trading skills.

Hedging

Hedging is one of the most popular Forex trading strategies in which you try to limit the risk and increase the probabilities of winning. The hedging technique is very popular today and in fact many Forex institutions make it a mandatory technique in their tactics.

Multiple time frame trading strategy

This is following a currency pair over different periods of time. Through the analysis of a currency pair over different time periods, it is possible to spot the trends on bigger and smaller scales thus making a better analysis.

Candlestick Forex trading strategy

Candlestick charts are one of the most popular Forex charts and it is used widely by retailers as well as investors. The story of past price action is told easily by the candlestick charts. When trading is based on the technical analysis of these charts, the decisions on the future price action are made mostly on how the price reacted in past. The candlestick chart trading strategy is perfect and most widely used amongst the traders.

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