THE BUSINESS OF REAL ESTATE DEVELOPMENT

June 9th at 2:33pm

Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Commercial real estate developers oversee property investments that produce financial growth. Day-to-day duties may include overseeing the negotiations surrounding the sale and purchase of commercial real estate, its renovation, or the acquisition of land in order to build new property buildings. How to Start a Real Estate Development Company in 6 Steps Set Up the LLC for Your Real Estate Holdings. Open Separate Checking…

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HOW TO AVOID RETURNS AND CANCELLED ORDERS

June 2nd at 2:24pm

If you are an online seller wishing to minimise your returns and work towards eventually eliminating them, here are a few tips that will assist you in the process:  Send out crystal clear information: Write a thorough product description that delves into all of the specifications of your product. It will help the buyer in making an informed decision.Product Images: Product images play a significant role in the online purchase decision as it is the only way a buyer can inspect a product in detail.Customer testimonials: Customer reviews directly increase the overall credibility and reliability of your product. It gives…

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RETURN POLICIES FOR E-COMMERCE

May 26th at 11:43pm

Good return policies strike a balance between bolstering consumer trust in your products and minimizing profit loss. Your return policy isn’t just a box to tick off—it actually says something about your brand. If your policy is too strict, it engenders doubt in your products and you. Too complex, and it puts up roadblocks to purchase. Too technical sounding and you seem duplicitous. Customers expect at least 30 days to return an online purchase. But only 5% of shoppers say they return online orders more than 30 days after purchase. Being lenient with return time limits (e.g., a 60-day vs. 30-day policy) can actually decrease returns by creating less urgency…

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HOW TO HAVE THE BEST CUSTOMER SERVICE

May 19th at 2:14pm

Investing in customer service is key to long-term business success.  You may have a fantastic product, but if your customer service is unhelpful, unreliable, or just plain hard to get in touch with, folks will hear about it, and you’ll lose customers over it. Good customer service doesn’t just happen overnight, and it’s harder to achieve than you may think – but it’s certainly not impossible. 9 Tips for Providing Excellent Customer Service Know Your Product or Service. To provide good customer service, you need to know what you’re selling, inside and out. Be Friendly. Customer service starts with a smile. Say…

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MEET THE OPRAH EMPIRE

May 5th at 1:57pm

Oprah Winfrey is a media mogul, philanthropist, and talented actress. Her current net worth is about $2.9 billion, according to Forbes As the chairman and CEO of OWN, she oversees an expanding channel that’s now available in 82 million homes. Jointly owned by Winfrey and Discovery Communications, OWN has nearly doubled its prime-time viewership since it launched four years ago, driven by hits such as the reality show Iyanla: Fix My Life and the Tyler Perry drama The Haves and the Have Nots. OWN has now grown into a cable success story, with an average of 539,000 prime-time viewers—not too…

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NO INVENTORY BUSINESSES

April 28th at 1:43pm

Most people who want to start an online business are hesitant to sell physical products online because they have a false impression that you have to store and ship all of your own products. But did you know that you can run a successful ecommerce business without carrying any inventory at all? In fact, it’s pretty straightforward to run a full blown online store without worrying about storing or shipping anything physical at all. There are several ways to start and run a business online and have the inventory and shipping details handled by someone else. By opening a dropshipping business, you ensure one headache, that…

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SAN FRANCISCO SMALL BUSINESS

April 21st at 1:33pm

Due to its progressive attitude and proximity to Silicon Valley, the Bay Area is ripe for hosting cool, new businesses. Picture perfect with spectacular ocean views, including the Golden Gate Bridge, San Francisco is a magnet for tourists, new residents and industry pioneers. If your dream is to launch a business in the Bay Area or elsewhere in San Francisco, now is the time. Here are four of many good reasons. The Bay Area City never sleeps With its beautiful bay, San Francisco could probably be nicknamed Bay City. Not to be mistaken for Bay City in Michigan, San Francisco Bay is called the Bay Area. Like Los Angeles, Chicago,…

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RESTAURANT BUSINESS IN CALIFORNIA

April 14th at 1:23pm

The Restaurant industry in California has experienced considerable growth in recent years as revenue has climbed at an annualized cost of 2.2%. Industry revenue now sits at an estimated $71.0 billion in California, the highest restaurant revenue of any state in the country. The industry has benefited from rising disposable income and a growing number of affluent households that can afford dining out regularly. Moreover, the prevalence of food truck culture in cities across California has created tremendous opportunity for new entrants in the market. General economic facts In high occupancy cost areas such as the San Francisco Bay area,…

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