By Janet Bergamo

Of all the tools available to the IT team, the monitoring tools software is probably the most important tools. This is mostly because the right tool will proactively help the team identify as well as address application performance problems long before the issues impact the productivity of the employees, cause response time delays or erode the much needed customer loyalty. These tools will further enable you to develop a historical database of performance trends and enable your team to pinpoint the primary causes of performance problems. There are five more benefits your business stands to gain from using these tools.

Reduce revenue risk

In today’s market, gaining or losing a valuable customer’s loyalty is just a few clicks away. For example, in the case of Black Friday frenzy, if your ecommerce system is not working properly, you will end up losing sales as well as abandoned shopping carts. The good news is that the right monitoring tools software can help identify performance issues and help you to fix them swiftly.

Improve business continuity

Regardless of your business size or the industry you are in, downtime is not something your customers will be willing to tolerate. Needless to say, the slightest disruption in business performance can lead to significant losses in both revenue and productivity, tarnishing of the brand reputation, loss of customer loyalty as well as regulatory fines. The use of the right monitoring tools software will enable your team to troubleshoot problems and make necessary upgrades that improve the reliability of your infrastructure. Application monitoring tools with RightitNow software will give insight that allows your team to predict and prevent downtimes effectively.

Improve customer experience

Monitoring tools software will enhance your customer experience. It will help you deal away with slow-performing applications and prevent downtimes. This leads to more customer satisfaction and increased customer loyalty. (more…)

By Robert Liu

Using a payroll software comes with a variety of benefits for you as an employer but also for your employees no matter how small or large your organization is. The accuracy and efficiency that comes with having such a solution means your profits are maximized. We will look at 6 compelling reasons why you should adopt a system like the payroll 1099 software ETC.

1. Cost Effective

Automating your payment system is always more cost effective. Replacing your more manual system with a more animated one eliminates human error and other inefficiencies. You get to save money, especially if you understand how to use it quickly. Making your service more professional has its downsides of course, but these are outweighed by the benefits you stand to gain. In addition, you can always brand your business as an efficient service.

2. Employee Calendars

All software have unique tweaks that make them more user-friendly and beneficial. Some payroll software solutions come with an employee calendar. You are therefore able to manage overtime, sick leave and absences. You are able to see the number of days taken and the work period remaining for every employee just at a click of the mouse. With such a solution, a staff member cannot make up the type of leave they had taken e.g. saying it is sick leave when it was their annual leave. Planning becomes easier for you and who would not want that kind of convenience?

3. Pay slips

One of the special advantages of using the payroll 1099 software over other free alternatives found over the internet is that they do not give you the option to create pay slips. With this solution, you can quickly generate pay slips with the minimum statutory information. You are not alone; many employees prefer being able to print pay slips for themselves. (more…)

By Brian Moore

Home storage unit businesses have proven to be lucrative over the years. Even during economic downturns, people still need somewhere to store their extra items. Since you will be responsible for your customers’ belongings, you need to ensure that you and your staff are ready to handle such a task. This will require research and proper planning before you embark on your own home storage unit business.

Market Research

Planning involves researching the market. Storage is a growing industry that many business owners and real estate investors are interested in. It is important for you to understand how the sector works before you start your business. You should be aware of the demand, competition and costs that the business constitutes.

Online resources are available for you to start your search for useful information and local storage facilities. Look at their prices, units and services. Although a location that already has many storage facilities indicates that many people need the service, this does not mean that you will not have to be competitive. Various websites can provide you with the information that you need about the sector.

Business Goals and Costs

After gaining insight into the local market, you need to set a goal for your storage business. You may want to set up a small part-time business or a large one that requires more investment, time and effort. Calculate the start-up costs that you will need to start your business. These should ideally be distinct from costs such as maintenance and you should be sure that you will be able to find the initial funding that you will need. Click here for closetbox local storage locations.

Business Plan

Business plans are among the most important documents of any business. They include information pertaining to market research that you have undertaken, estimated costs and future plans. If you are planning to borrow funds, you will need a clear and detailed business plan. Planning also requires a clear market strategy. There are different techniques that can be used to market a home storage unit business. You will need to be flexible enough to adapt to different strategies until you find out what works best for your business.

Marketing

Marketing strategies involve establishing how you will penetrate the market and stand out from the rest, effectively communicating with your customers and planning on how you will develop your business.

Funding

Start your business by making sure that you have enough funding. You may use your savings or a loan, depending on what the best option for you will be. If you need financial assistance, outline our funding needs, how the money will be used and any future plans you may have for funding.

Location and Home Storage Units

A vital aspect of a home storage unit business is access to a location where people can store their belongings. Key costs will include acquiring a suitable space for your storage facility and should be carefully considered. Choose a strategic location that is likely to attract a lot of customers before securing your units.

Bio

Brian Moore is a locally based writer who is interested in different aspects of business and finance. He enjoys researching on a range of business start-up topics as well as marketing. To find out more about closetbox local storage locations, please visit the site.

By Chris Ebert

There are times when the stock market seems rather quiet, and other times when it just gets downright violent. While quiet conditions come when traders are in a relative state of consensus, violent times come from just the opposite – traders who are undecided and thus not in consensus.

One way of determining the state of consensus is through an analysis of stock option performance, particularly on $SPY or another broad-based ETF. There are only five basic outcomes if one opens an option trade on $SPY.

  1. Long Straddles, Long Calls and Covered Calls can be profitable, indicating overheated euphoria, a state of “Lottery Fever” (green)
  2. Long Calls and Covered Calls Can be profitable, but not Long Straddles indicating a market that is “Digesting Gains” (blue)
  3. Covered Calls can experience maximum profit, but not Long Calls or Long Straddles, indicating that the market has hit some resistance. (yellow)
  4. Covered Calls can experience less than maximum profit, indicating the market is correcting somewhat. (orange)
  5. Covered Calls can experience a loss, indicating market sentiment has turned bearish. (red)

Orange Line of Violence

Of those five categories, some are overtly bullish, others are easy to spot as being bearish. Those areas tend to allow a consensus to form more easily. But, it is the dividing line between them that often produces a lack of consensus. There is an area in which traders don’t know if this is the place to buy the dip, or if this is the beginning of the end and the time to unload their stock positions. That place very often occurs near the orange line on the chart.

There is nothing magical about the orange line. It just happens to have correlated historically many times with a lack of consensus whenever the S&P has neared it. Correlations are everything in this business. So, a trader who wants to be prepared for violent moves in the market could be more prepared for those violent moves by paying attention to the Orange Line of Violence.

The chart above depicts the S&P 500 as of June 28, 2016.

* Option strategies referenced above are analyzed for profit or loss on expiration day only and are opened using an at-the-money strike price, 4-months to expiration, using options traded on a broad-based ETF such as $SPY (NYSEARCA:SPY)

The preceding is a post by Christopher Ebert, Chief Options Strategist at Astrology Traders (which offers subscribers unique stock-trading perspectives and options education) and co-author of the popular option trading book “Show Me Your Options!” Chris uses his engineering background to mix and match options as a means of preserving portfolio wealth while outpacing inflation. Questions about constructing a specific option trade, or option trading in general, may be entered in the comment section below, or emailed to OptionScientist@zentrader.ca

 

Related Options Posts:

S&P 500 Temperature Nearing Record Levels

Thursday Evening Options Brief 25-Feb-2016

Thursday Evening Options Brief 18-Feb-2016