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How to Save Money by changing your Shopping Habits

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There is an awful lot of advice around on the subject of how to save money. Many tipsters recommend that you should cut back on things like your usage of electricity in the home. They also advise changing your social habits by staying in instead of going out, and if you do venture out, go to cheap venues like local museums. 

There’s a plethora of completely free resources to help you save money. Here’s 40 right off the bat to get you started. Some of these ideas are harder to adopt than others. But one of the easiest, and most impactful ways of saving money is to change your shopping habits, and that’s what we’re going to look at in today’s post.

Don’t be too easily swayed by advertising

Like everywhere in the modern, civilised world, consumers are bombarded with advertising. The annual spend on adverts here in South Africa last year was an enormous 36.6-million Rand. Most of this amount (21% in fact) goes on TV and video advertising. The second-largest spend is on internet adverts. People are driven by adverts like herds of sheep.

It tends to be the bigger, more expensive product brands that get noticed. Hardly surprising because it’s these guys who have the largest advertising budgets and they are incredibly successful at influencing their target audience. The more active they become, the larger their target audience becomes too.

Being trendy costs money

It comes as no surprise to see that the top three clothes brands in South Africa are Nike, Adidas and Levy. Everyone wants to be seen sporting their wares, from kids at school, to streetwise youngsters and everyday fashionistas. But, of course, they all come at a price, and it is not an easily affordable one.

What it all boils down to, however, is being seen to be trendy. Although the quality of these top branded products is excellent, they are many other far cheaper products on the market. If you forgo the kudos and buy these less expensive alternatives, it is a sure-fire answer of how to save money.

Better burger deals

The same can be said for food and drink. It’s another marketplace where the advertising agencies reign supreme, both in the supermarkets and the fast-food stores. Take MacDonald’s, for example. They opened their first restaurant in South Africa in 1995. Just 21 years later, they have 200 in total across the country, serving 8 million customers per month.

But as with Nike of Adidas, don’t just follow the herd and flock to MacDonald’s. There are plenty of other cheaper burger places around, and some great two-for-one deals. You can share these with friends, so it is a top tip on how to save money while still being sociable.

Great tips to save money on grocery shopping

Buying top food brands in supermarkets is a waste of money. Forget the advertising and try some of the supermarket own-brand alternatives. Many are just as good taste-wise and are significantly cheaper. Check out https://www.privateproperty.co.za/advice/property/articles/10-easy-ways-to-save-on-your-grocery-bill/6639 on how to save money on grocery shopping. It has some excellent tips.

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Four Benefits For Using Quality Labeling Software

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When you’re running logistics or making a lot of bulk purchases for your business, making sure your inventory is labeled is absolutely important. Gone are the days where you need to rely on a printing company to print your labels because there’s a lot of label design software out there that can do it all for you at much less the cost. There’s so many things you can do with labeling software, especially when it can be integrated into your other bookkeeping and office software. There are four specific benefits to label printing software that your business can take advantage of.

Custom Label Templates

Printing and graphic design companies can charge quite a bit to design a label that has your own logo and custom design on it. But with quality labeling software, you can design your own labels or use already made templates to create your labels. These labels can even include colored designs, in-store merchandise tags, special warning signs and so much more. You just need to make sure the software allows you to import files and images if you already have designs that are custom-made.

Printing For Shipping Purposes

One of the most common reasons for printing labels is for shipping purposes. If you’re a supplier, it’s important that your boxes, pallets and crates are labeled so that they’re sorted properly in shipping trucks and easier to process once they’re received by your clients. Quality labeling software can help you setup your shipments and make sure they’re classified in different sections and numbered for stock keeping units. For some shipping services, you may need to have a bill of lading software system to be in legal compliance.

Printing Barcodes

You should also have barcodes for your labels because these make it even easier to track, receive and authenticate your products. Once you claim your barcode or QR code, you can minimize the risk of misplacing or having your products stolen and replaced with counterfeits. With good labeling software, you can have barcodes generated without needing to know how to input coding or configure your own algorithms. The label software can have them configured and ready to print with just a few clicks. The kinds of barcodes you can use usually include code 39, interleaved, data matrix, QR, PDF417, and many others. You just want to make sure your barcodes are unique as possible and secured against duplicates.

Flexibility With Different Platforms And Printing Equipment.

Most label printing software today can be used as part of an online suite in which you can purchase a full enterprise suite or only want a small basic version of the print software you need. It won’t matter whether you’re using a Windows, Mac or Linux system or which office suite you’re already using. Cloud-based label printing software can work with whatever operating systems your business is using.

The bottom line is label printing software is easy to acquire even without having to make a huge upfront investment for it like you did in the past. You will need the proper printing equipment, especially if you plan on printing colored labels and barcodes. But much of it is easy to learn and can be picked up quickly without too much technical training. You’ll just need to review the software you want and perhaps try out a free version before subscribing to the full service.

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Business Line of Credit: What is it and How to Apply

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Purpose of line of credit in business

Many business owners understand the importance of credit. Business credit may be in terms of money or goods to be sold and paid for later. Business owners who want a large injection of cash can opt for a business line of credit. It can also be used to help stabilize cash flow, buy inventory, or even cater for an emergency expense. But what is a business line of credit, and what do you need to apply for one?

A Business Line of Credit

A business line of credit is a type of loan offered to businesses where they need money but would not like to take a traditional business loan. The difference between a line of credit and a business loan is that with the line of credit, you can borrow and repay as many times as you wish. The only stipulation is that your business is in good standing financially and that you repay the borrowed amount in time.

A business loan, on the other hand, is money lent out to your business that has to be repaid at a stipulated date. Banks and other lenders will usually let you borrow more money before you fully repay your business line of credit but will not let you do so with a business loan.

Getting a Line of Credit

There are two options when businesses want a line of credit; they can go to traditional lenders or search online. The difference is that online lenders will often charge a higher interest than traditional lenders. That said, many of these lenders will need to see your books. Here, they will check to see that you have strong revenue and a few years of good credit history. Sometimes, they may ask for collateral if you are requesting a larger sum, but this often applies to traditional lenders and not their online counterparts.

As for the documents needed, you will require business and personal tax returns, business financial statements, a balance sheet, profit-and-loss statements as well as the business’s bank account details.

If you decide to go with online lenders and choose Advanced Point Cap, they will require fewer documents than this and usually approve your line of credit faster than most other lenders do. 

Using Your Line of Credit

The most common use of a business line of credit is short-term funding. Some of the areas funded include buying inventory, handling payroll, and supporting supply operations. Some businesses can use their line of credit as their working capital especially when they have an off-season.

Difference Between a Business Line of Credit and a Business Credit Card

Even though business credit cards are also lines of credit, they are different from business lines of credit in some ways. For example, a line of credit will usually have a higher limit than a business credit card. Business credit cards are also uniquely suited for the needs of newer businesses which may not have enough revenue to qualify for a business line of credit.

If your business needs some cash, it would be a good idea to get a business line of credit. These usually have a higher limit than business credit cards and can be used to settle any business-related expenses.

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Kickstart Your Business With These Expert Tips

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Congratulations, you have had an amazing business idea! But now it is time to put it into action. This is the challenging sequence of steps that can help you on your way to huge business success if done properly. To help you on your way to a successful business launch, we have compiled a list of tips to help you kickstart your business the right way. 

Find The Niche And Build on It 

When looking to start your start-up business it is important to consider the niche for your particular product or service. Does it provide something new that many people are looking for in your local area? If the answer is yes, this is ideal as you are providing something to customers that they have not seen before. This is likely to take off on the market and provide room for growth for your business model.  

Online Is Just As Important 

In addition to finding your niche, it is vital to remember the importance of online marketing. With many of us spending more and more time on the internet and shopping online, making sure that you are visible to target audiences is just as important. This is an amazing yet simple way of using the internet to your advantage when starting your business. Whether this is marketing over PPC or using social media platforms to build a following and market products, this is an amazing way of building your business as well as the awareness of the brand. This online campaign can be conducted in 2 different ways either using the best of digital marketing services UK has on offer or completing the work in house.

Network As Much As You Can 

When you have begun your online campaign, it is then time to put in the work when it comes to networking. From those in the industry you are looking to break into to those involved in the supply chain, these can all prove to be valuable assets. Whether this is through attending numerous different events or through networking on platforms such as LinkedIn this is a great way to start connecting to those in the industry. 

Focus On The Results 

When you have begun with this process it is then time to look into the results that you are gaining. Look at what is working and look at what is not. This will then help you to make changes to reach the most people with your product launches. This can then be assessed and altered as the company continues to make it grow to ensure that you are reaching as many members of your audience at one time or another. This can continue to be tracked and altered at all times, allowing you to tailor your campaigns specifically. 

Whether you are looking to sell items or you are looking to provide a service to your audiences, there are multiple efficient ways that you can kickstart your company without having to spend a small fortune on marketing. Which will you be starting with? 

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