What Characteristics Define a Boss Bad

Management styles differ among organizations and may potentially affect employee’s job satisfaction.  A bad management style can do more than just irritate workers, it can send them searching for a new job because no one wants to work with a miserable, difficult and uncaring boss, people generally want to surround themselves with positive people.

A bad boss can either be

  • A boss who yells and reacts emotionally on a regular basis.

  • A boss who is unclear of the goal, unclear of how to go about achieving it

  • A boss who micromanages employees to an itty-bitty level, micromanaging goes beyond providing guidance

  • A boss who does not take decisions; sits on issues expecting them to get resolved on their own

  • A boss who continually pushes you to the edge of your composure while his purpose is to make it clear to you that he is running the show

  • A boss who thinks they know everything and rules by intimidation

The worst thing about being a bad boss is that you don’t realize it. They think that their employees like them, enjoy working with them when the actual truth is that they are scared and mostly just drama.

Bad management style can totally demotivate employees, which damages productivity, it is harmful to employees as passive smoking is to those around you. To all bosses and managers out there if you have lower productivity, poor morale and higher staff turnover, then start thinking. You can keep playing by the old rules, or you can get the most from your employees by learning to master the new game and it’s called being polite

Cash Loans: Few Things You Need To Understand

South African notes

Cash loans are designed to help you out of a sticky financial situation. Cash loans differ and we are about to look more into the types of cash loans one can get and how they differ from each other, there’s

– Payday Cash Loans
– Short-term Cash Loans
– Long-term cash loans

Payday Cash Loans

Payday cash loans are approved immediately, with a repayment period of 1 month meaning they are up to 30 days. Payday loans are fairly new in South Africa. Finance experts say that payday loans are among the most expensive of all credit products available.

Payday loans are helpful when it comes to urgent financial issues and they are easy to acquire especially if there’s a stable source of income

Short Term Loans

Short term cash loans are meant to provide you with short-term financing to solve immediate cash flow needs. Short term loans are usually small and don’t require any collateral against them. Short term loans usually have a repayment period of 3-6months and they are usually given to people with low credit score. In most cases, the loan amount does not exceed R1000.

Long-Term Cash Loans

Long-term cash loans are a very fruitful method to deal with your small and short-term financial emergencies. Long-term loans usually have larger amounts compared to short-term loans with a repayment period of 12 – 60 months. Long-term loans are usually given to people with healthy credit scores.

Borrowing money can help you do things, but the process can be complicated. It is scary when you don’t understand the basics. Taking a cash loan even though it’s good since it helps with wealth growth, but sometimes it can also create unnecessary debt, so before taking a loan you need to think about it carefully otherwise, a bad debt can be overwhelming and stressful

List of South African Business Directories

There are several online business directories in South Africa offering listings and all types of services related to online advertising. Online Business Directories vary in quality and content. A good business directory needs to have a high ranking over engines to make a prominent effect online which includes images, contacts information, business description and business URL

Not all business directories are useless and based on misleading advertising some are legitimate and useful for listing local business and boosting them an online presence. In this article, we will be checking out the best South African business directories for your company’s success.

Klaasic Biz Directory

Klaasic Biz Directory for small businesses in South Africa. Klaasic Biz Directory is an Online Magazine, that has a business directory feature for local businesses.

Hotfrog Business Directory

Hotfrog is a commercial web directory providing websites categorized topically and regionally. It is an international business directory which operates in 38 countries around the globe.

Entrepo Online Business Magazine

Entrepo Small Business Magazine provides you with exciting articles about everything business related. It is an online business magazine and business directory

Activeweb Online Business Directory

This is a South African Business directory. It relatively new but one of the best web directories when it comes to functionality. It offers free and premium options such as featured/highlighted listings at very low prices

Cylex Business Directory

The Cylex Business Directory is an online business-directory in form of a community portal. It is very popular and it has been one of the premium business directories in South Africa in a very short space of time

Yellosa Business Directory

YelloSa Business Directory has over 800 000 company listings, with new company registrations and customer reviews on a regular basis.

Brabys South African Business Directory

Brabys is a long-established specialist business directory. This South African business directory site offers free business listings.

Sayellow’s Business Directory 

saYellow’s business directory is one of the biggest South African Business directories and it has been online since 1997. It also offers free business listing to local businesses.

Mycityinfo

MyCityInfo is a free business directory for all South African businesses. We have a soft spot for small businesses that are so small they cannot afford a website but need to have an online presence

YALWA Business Directory

Yalwa business directory is your one-stop source for local business listings. It is an excellent resource for locals who want information about local businesses in their neighbourhood, area or city.

 

 

 

Must Read- All Information to Make a Career in Insurance Sector

The insurance industry is an ideal place for anyone to start their career; this industry offers huge scope and opportunities to grow. In the banking sector, this is considered as the most demanding career option, which attracts many candidates to get into this field. The insurance sector is categorized into three major categories includes;

  • life insurance (in case of death)
  • Health Insurance (Involves medical care, basic treatment)
  • Auto Insurance (Insurance vehicle)

Everyone take the help of insurance agencies to get car insurance, phone, home, life, health, travel insurance etc. Insurance companies offer different policies for almost every kind of different situation. These people are in great demand in the job market.

There are many big companies like Life insurance Corporation, National Insurance Company and private companies like ICICI, Birla sun life, Bajaj Allianz and much more which offers Insurance jobs vacancies every day. This industry hires a large number of people over a range of positions. Candidates can make their career bright by entering into this field.

This career is not directly related to sales, it is only about providing the best solution to customers.

What are the education requirements?

The first step to build your career in any industry is your qualification. Complete your graduation from management discipline or from any discipline. From any discipline, you can find a fit in the insurance sector. Candidates have strong in mathematics, strong communication skills can easily enter into this field.

Responsibilities of insurance agents:     

An insurer helps the companies in order to generate new businesses by contacting with potential customers and by selling one or more insurance. This work is mostly based on target which they need to achieve. They also explain every insurance policy to their customers and help them in order to choose the right plan that suits them.

What kind of jobs can one get in the Insurance industry?            

They can get jobs in many different industries positions in IT, Accounting/Finance. One can easily get the position of Broker/Agent, Underwriter, Loss Adjuster, Risk Manager, Claims Investigator, Loss Control Specialist, Actuary, Marketing Representative, Appraiser etc. At entry level one can work as a Customer Service Representative, Junior Broker, Underwriting Assistant, Junior Underwrite, Assistant, Trainee,   Risk Analyst, Claims Assistant, Claims Representative, Actuarial Intern, Marketing Assistant and Appraisal Representative.

 

Future scope and job prospects:

Future scope and career growth are so good in this industry. Candidates can earn good amount of wage as well as additional incentive benefits. With the increasing demand, one can easily get a job in any sector. There are multiple job opportunities available within the sector that build interest of the aspirants and clear their career goals. This industry usually works in almost every sector banking, IT, Management etc. Also, this industry provides the benefits to increase the network and expand the industry knowledge.

Candidates will be able to gain jobs in banking sector and secure a great future. Applicants can make a great deal in order to grab the best opportunities.

5 Reasons Trade Shows is Beneficial for Business

trade show display
Business trade show

Credits to: https://www.blitzmediadesign.com

Joining any business trade shows can be costly and hectic but there too many great reasons why it should be part of any marketing strategies. It provides a lot of things that business owners give value. Companies can fully explore the potential value of trade shows once they join.

Perhaps, you would ask what benefits companies get from joining in. Below are the things that trade shows provide in each business:

Trade shows can create long lasting impression

Trade shows’ goal is to demonstrate a wide array of choices of business and attendees to interact and engage with each other. Well-designed and well-prepared trade show displays will definitely attract the attention of attendees. Moreover, it should be coupled with interesting promotional items and giveaways to make your booth a good experience, leaving a good impression with a prospective customer for months.

It promotes healthy competition

In trade shows, you will compete with only a few other companies that sell comparable products or services. It is also an advantage to your company because attendees will have a good chance of comparing related products from various companies, giving them the real-time assessment of the pros and cons of each of them and then leading them to buy the product or service right there.

Trade show develops branding

Joining trade shows will help the business to tell the world that the company is reliable, serious, and big enough to afford its presence in a large scale marketing events and conferences. It develops a branding that makes the company successful. You can position your company in a strategic way that will make your business recognized as part of the industry you belong to. Using the right strategy during the trade show, you can strengthen your brand.

It generates qualified business leads

Your business will have a higher chance of growing your client base number because trade shows allow the company to man your exhibit display and wait for potential clients. Attendees are always interested in products and services offered in trade shows. The trade show is a good opportunity to make solid and qualified leads and make sales too.

Trade show is a cost effective advertising form

Even if joining trade shows will cost money, it gives back a lot of benefits. One, it generates sales and business leads, making it as a most cost-effective form of advertising. Compared to print and radio and TV commercials, joining trade shows is less expensive.

About the author:

Candice Larson is Marvel comics fan and she loves Pixar films. She works for ad agency and blogs every now and then.

Business Interruption Insurance: The Life Boat You Hope You Never Need

Taking out any sort of business insurance isn’t something most people find exciting and stimulating.

For the most part, insurance is something of a grudge purchase. When you can’t see what you’re paying for, and the chances of ever needing it seem remote at best, it becomes something that gets pushed to the bottom of the to-do list.

Business Interruption Insurance (also called Business Income Insurance) is no different. In fact, it is one of the most overlooked and underutilized insurance out there.  

Why is that?

Even the most cautious and astute business owners are often under the impression that their stand alone building insurance, coupled with their contents insurance, will more than cover them in the instance of a disaster, such a fire, flood or break-in. Replace your computers and printers, perhaps get a new stationary cupboard and a couple of desks and you’re on your way.

To a certain extent, this is true. The cost of repairing or rebuilding your company property, and replacing physical items such as computers, furniture, stock and so on should be covered under your building and contents insurance. A vital expense, to be sure.

But what these policies don’t cover is the loss of income your business will experience while repairs are taking place.

Let’s think about this for a moment. Any sort of major renovation, rebuild or replacement will almost always take longer and cost more than you think. And during this time, how will you pay your staff with no money coming in? How will you service your clients without stock or any viable means of communication?

This is where Business Interruption Insurance kicks in and can prevent a business interruption from becoming a business termination.

What Does Business Interruption Insurance Cover?

Credits to: Article Owner

Business Interruption Insurance covers the actual loss of business income – including payroll – that you experience as a result of having to suspend operations while your building or business is being restored. It usually includes what’s known in insurance circles as a material damage proviso, which means that as soon as there’s a claim made against your contents or buildings insurance, it cuts in to cover loss of revenue, loss of rental income, and any staff-related costs. It’s worth doing the math. Close your doors for 30 days and add up the cost of operations, minus the income that you would normally enjoy. Most likely those figures will make you wince.

This type of insurance is designed to keep your business in the same financial position it would be in if there hadn’t been a disaster. No one ever expects their business to flood or catch fire, but it just takes a burst pipe or an electrical short and you could arrive at work the next morning to find your office under a meter of water, or, worse, destroyed by fire. The very nature of accidents like these dictates that they are unplanned and unforeseeable – but they do happen. Even the most stringent health and safety conscious businesses have suffered damage from a careless employee hurriedly throwing a cigarette into a bin. Yes, it happens.

Do I Really Need Business Interruption Insurance?

Credits to: Article Owner

This really depends on you, and the nature of your business. If you carry a lot of stock, or you need your precise business premises to operate effectively, then this kind of insurance is likely the only way you’d be able to survive a physical disaster. But if you could feasibly be operational again within a couple of days from another office, then maybe you’ll be able to ride out the restoration period on your own. Only you will know that for sure.

However, there are other factors that need a little consideration.

You would also need to take customer loyalty into account – will your clients stay loyal if you’re unable to help them with their orders for a couple of weeks, or a couple of months? Is it likely that a competitor will swoop in and draw your customers away during this time of uncertainty? Will a situation like this shake your staff up and encourage them to seek employment in a more stable environment? Are you carrying imported stock that is difficult to replace, or does your business hold customer’s personal and precious items that are irreplaceable?

The facts show that even when your business is fully operational again, you may never fully recover from the loss of customers. So it stands to reason that in today’s driven, competitive and volatile market, you would take every reasonable precaution to protect your business.

Some interesting facts:

An online report by Safety Management UK states that 70% of businesses do not reopen after a fire. Most business owners are careful to cover themselves for fraud or theft, but let’s face it – a fire is always something that happens to someone else.

Further research shows that 40% of businesses which suffered a disaster (including natural disasters) did not reopen, and of those that did, 29% were closed within a year.

An additional factor which is often overlooked is the loss of data and technology. Ryan Scott states in his article on Forbes “… and guess what likely becomes of those that lost their information technology for nine days or more after a disaster?  Bankruptcy within a year.”

Nine days? That’s a surprisingly short time to sink a business.

As with all insurance, whether or not you want to take out business interruption insurance, and how much you need, needs careful thought and discussion with a qualified Insurance Broker.

This article should not be considered legal or financial advice and is for information purposes only. You should consult with a professional financial advisor to determine what may be best for your individual needs.

Citations:

Integration, Cause. “Will Your Business Recover From Disaster?” Forbes. Forbes Magazine, 30 Mar. 2016. Web. 21 June 2017. 

Yates, Ben. “Is Yours One of the 70% of Businesses That Would Fail after a Fire?” 70% of Businesses Fail after a Fire? Safety Management UK, n.d. Web. 21 June 2017.

 

SEO Success Factors

There are many methods, some paid, some free but Search Engine Optimization is the most efficient and effective method of driving traffic to a website. It is one of the most important online marketing strategies with focus on high growth in revenue and ROI in marketing costs.

However, there are some factors that you need to work that can assist your web page to rank better such as,

  • Content quality
  • Website usability
  • Content research/keyword research
  • Off-Page SEO
  • Reading and understanding search engine guidelines to avoid violations and penalties.
  • Measuring and monitoring success

Creating relevant and unique content for your website is the most important aspect of SEO and this demands unique set of skills as you will need to know at least know how to do a proper keyword research. It is more than just writing and posting articles.

The second important thing that you should learn if you want to have a successful SEO campaign it is learning the entire SEO process. This will help you to deliver content that will be most relevant and useful to your audience efficiently, because if you understand SEO success factors, you will know that page loading time plays a crucial role in your page performance.

The third point is keeping in mind that search engines focus a lot on text and not images, so the written content of your page will receive the most amount of checking and analysis from search engine crawlers, and if it meets the required standards then it will then get indexed in their database.

Therefore, you need to make sure that your content is unique, fresh and relevant in order to get a good chance of getting better results with search engines. Keep in mind that if you cannot offer users relevant content to their searches, they will most likely find it somewhere else, and all of your work in getting them to your site would have been in vain.

Young Entrepreneurs of Africa

Africa has a vibrant community of young entrepreneurs who are altering Africa. These entrepreneurs are in various fields and industries that include the media, agriculture, fashion, finance and more. This is a brief look at 10 of these young entrepreneurs.

Copyrights: www.jobvine.co.za

Jonathan Liebmann a  South African entrepreneur who is the managing director of Propertuity, which is a South African real estate company. Liebmann is also the brains behind the Maboneng Project initiative, which is a prosperous cultural district on the east side of the Johannesburg CBD. Through Liebmann’s initiative the once neglected area has been transformed in a vibrant urban mixed community that now houses retail space, art galleries, offices and more.

Copyrights: www.inspiredcitizen.com

Patrick Ngowi a Tanzanian entrepreneur who is now the CEO of Helvetic Solar Contractors. Nine years previous to this, his mother gave him a small loan to start a business which was to sell Chinese cell phones to people, but he soon realised that only a small part of Tanzania had access to stable and reliable electricity. This then set the birth of Helvetic Solar Contractors and at the forefront of supplying, installing and maintaining solar systems through parts of Tanzania.

Copyrights: i.vimeocdn.com

Lorna Rutto a Kenyan entrepreneur is the creator of EcoPost. EcoPost is a social enterprise that has found an alternative to timber that is durable and friendly toe the environment. EcoPost collects plastic waste and then manufactures it into fencing posts. This way plastic waste in Kenya is reduced and a new product is created.

These are only a few of the entrepreneurs that can be found in Africa and the continent is buzzing with young minds with new ideas.

 

South Africa: Hoping For A Good 2017

Unemployment in SA

It’s that time of the year when we all sit down and reflect on the good and the bad moments of the previous year 2016. Some say 2016 was a rough year and some say it was the best year which generally means that it was a good year.

Business-Wise

Let me fill you in on our economic status, in 2016 we had a low economic growth of 0.2 percent in the third quarter, the currency declined massively. Therefore, business-wise we really had a rough year, hopefully, we will look at our past mistakes and do better this year. Most important is business development, with that said, our SMMEs still need financial assistance and funding companies need to go back to the drawing board and see how they can up-skill these SMMEs to give them a competitive edge in their areas of expertise. The plan is to groom for success instead of having a long list of unsuccessful small business.

enonomic forecast

Copyrights – www.bloomberg.com

Education-Wise

We’ve always had a challenge when it comes to our education system but last year things really escalated, we had a knock-down. From schools being burned down to racist protest by learners. Our education system needs transformation, it really does, because at this point we are sitting on high educational costs and low-performance rate, that just sounds wrong and we need a 360° switch. Everyone needs to join in and play their part because the government alone cannot meet the educational needs of this country to mould our future leaders and therefore we need to work together to give our future leaders a good educational foundation. Education is the only thing that can set this country free from all bandages and shame.

Education level South Africa

Copyrights-www.hcresearchportal.com

The Unemployment

Now the most sensitive issues of them all, the unemployment rate. In 2016 it increased by 26.7% which is the highest reading since September 2005. South Africa is now sitting on the highest percentage of unemployment rate in the world. We have reached the critical level and something needs to be done soon. Everything boils down to skill development and education though, well-managed programmes need to be created on community level to up-skill community members to beat the unemployment in this country. There’s so much that needs to be done in this country. Like leaking toilets pipes, water pipe bursts, clean streets, drugs in the communities and Extracurricular activities for kids and a whole lot more. If people could be trained and employed to do such things which will not only help them but also uplift their communities, basically just hitting two birds with one stone, the community development and unemployment rate. That would world work just fine, we just need committed leaders and well thought-out plan

Unemployment in SA

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Business funding – it’s easily achievable

Business Funding

So you want to start your own business and haven’t got the slightest idea where to begin. Well, all businesses start with a primary idea which, if tackled in the correct way with the necessary market research and feasibility studies, will form the foundation of a flourishing business. There are three forms of small business and these can be categorized into a new business venture driven by the initial idea, purchasing an existing business or buying a franchise. This article aims to cover some of the methods that starter businesses acquire funding. As Walter Ellis, humorist, writer and entrepreneur puts it, “The Bee Gees started a joke… I started a profitable small business!”

The first method of getting business funding is applying to the banks for a business loan. When approaching the banks for a business loan there are certain important criteria that need to be met before the business loan will be considered. The first requirement is a comprehensive business plan that reflects the workings of the business. The bank will scrutinize the balance sheet, look at cash flow, request collateral where needed and delve into the finer workings of the business to ensure they are confident they will get a return on the money they are offering as a loan.

Prepare thoroughly when approaching the banks for business loans. Inconsistent figures, half-hearted business plans drawn up by outside consultants, low profit margin reflections, lack of commitment from the business owner and the reluctance of the business owner to put his own money into the business are all warning signs for the bank and they respond to most of these situations by declining the loan. Banks don’t like risk!

Other options exist that also require funding but take the form of a franchise. The main difference between a franchise and a start-up business is that the general workings of the franchise are usually already in place and the franchisee (the person purchasing the franchise) concentrates more on maintaining the business, guaranteeing its smooth operation as per the franchise agreement and of course ensuring its profitability. Franchising is widespread in South Africa and is a useful business option for those entrepreneurs wanting to purchase and run a money-generating business.

What do you do if you have a great idea and no money to make an initial capital outlay? Many businesses are started with limited business funding or no funding at all and grow into fully-fledged businesses over time. A simple example of this is the owner of Thundercloud Music. I got to know Terry as he was the only guitar repairman in my area. He worked from home on weekends and slowly but surely built up his customer base. These customers then began purchasing musical accessories, strings and second hand guitars from his home-based business. When Terry had built up enough capital, he rented a shop in the local shopping mall and he now has a thriving business which is stocked with a full complement of musical instruments manufactured by leading brands. It is very possible to start a business with limited business funding or limited personal capital. Just remember to hone in on an aspect of business that you enjoy or utilise a skill that you have to get the business going.

Starting a new business venture need not be the headache that it is perceived to be. Do your homework, get the facts, create a solid business plan and go for it. Expect to work hard, reap great rewards and remember… you will be in charge of your own destiny.