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September 2019 - Parents Who Profit

Monthly Archives: September 2019

5 Qualities Of A Successful Insurance Broker

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5 Qualities of a Successful Insurance Broker

Having insurance gives people the protection they need in the event they encounter a financial problem. However, with so many insurance policies and categories to choose from, finding a plan that suits their unique situation can be stressful. Fortunately, many insurance brokers in Perth are ready to help Western Australian citizens get a better understanding of the types of insurance available.

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Top 5 Things to Ask When Hiring a Property Manager

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Top 5 Things to Ask When Hiring a Property Manager

Do you know the things to ask when hiring a property manager?

Property managers are supposed to provide you with a range of services that protect your property investment and help you generate a healthy stream of income.

After all, why else would you invest in real estate? 

It’s worth pointing out, however, that not all property managers are created equal. Some are great; others, not so good. Here are five questions you’ll want to ask when hiring a property manager.

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For the Best Return on Your Investment for Building Enhancements, Look To Improve Structural Elements

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Everyone is always looking to get a good return on their investment when it comes to home improvements or building enhancements. Home improvement projects are more for where you live, and building enhancement projects are more for where you work if you own your business. 

Specifically, for business matters, improving structural elements and keeping them maintained can make a massive difference in the evaluation of your business finances.

So what are some of these structural elements that you can invest in? First, start with the roof. It is the part of your building that gets the most sun, rain, wind, and abuse from the elements. Having a roof that leaks can cause extensive amounts of damage to your building or your stock as well. 

Second, invest in some parking lot infrastructure. Even if you don't feel like there are immediate financial benefits to this, the fact that you will have happy customers and solid curb appeal will make a difference in the long run. Third, pay close attention to your doors and windows. These are structural elements that not only provide insulation against the elements, but they also make a difference regarding how welcoming your business looks.

Start with the Roof

Especially for commercial buildings, repairing and maintaining a roof is an essential activity. If you drive through an industrial district, you will note very clearly that the places that have a well-maintained roof also look positively maintained elsewhere. One of the first signs of decay or neglect in a building is the top of its structure looking rusted, broken, or in disrepair.

Parking Lot Infrastructure

Make sure your parking lot infrastructure is maintained. That means the pavement should be smooth, and there should be no cracks or weeds growing through in places that look bad. And all of the parking spaces are clearly marked. 

This initial sense of detail orientation will signify to your potential customers and clients that you take their comfort and their judgment seriously. Again, if you compare a business that has a good parking lot with one that doesn't, you immediately can judge the integrity of the ownership.

Doors and Windows

Finally, doors and windows are extremely important structural elements of any business. Beyond the usual type of check that you would make for a residence, have a professional go through and seal the doors and windows, so you know you aren't wasting any money on energy bills. 

Additionally, the areas around doors and windows tend to collect dirt and grime more quickly than other places, and any customers that see this will be less likely to judge you positively.

3 High Return International Investment Strategies

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3 High Return International Investment Strategies

Looking for high return international investment strategies?

When it comes to financial opportunities, stepping up your portfolio to include international strategies can be hugely profitable. Indeed, it’s fair to say that anybody building an investment portfolio needs to diversify operations and options strategically. You can’t afford to put all your eggs in one basket, as the saying goes. The same principle applies to investment strategies.

However, diversification can take a variety of shapes. For new and less experienced investors, diversifying is all about spreading your capital across multiple industry fields to ensure that you are not at risk of losing everything in case of sector-specific issues, and multiplying strategies. However, if you are feeling adventurous, you can move your investment plans to the next level by embracing international assets and opportunities to boost your income. 

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How To Make Money From Property

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How To Make Money From Property

Have you ever thought about how easy it would be for you to enter the property market? Within a couple of years, you could easily have a couple of houses that you earn a regular income from, or have flipped several properties and potentially earned six-figure profits. With some startup capital, and some hard work and perseverance, you could start flipping properties or be part of the lucrative buy-to-let industry. 

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When Is It Time To Call In The Professionals?

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hire a consultant for business

Once your start-up business is up and running, you quickly have to become adept at juggling many tasks some of which you might have no previous experience of. From writing a marketing strategy to hiring in talent or even balancing the books, there's likely to be something that you haven't done before one of the major challenges of setting up your own business is having to quickly adapt, or spend time on tasks which aren't your forte or that you don't especially enjoy. You'll quickly begin to gain confidence and also the valuable knowledge of knowing your business inside out. 

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How To Become A Better Tradesman

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How To Become A Better Tradesman

Tradesmen of various categories account for over 25% of family-run small businesses. It’s not hard to see just how vital they are for the economy, and how many of them support many structures of our life, from helping us take care of our homes, being on-call for certain businesses should they experience issues, or in helping us potentially build the property of our dreams.

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