All posts in May 2019

Increasing Profitability Using Retail POS System Software

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If you are a retail company with anywhere from three to fifty stores, you might be very interested in the new wave of retail point of sale software. Many retail chains appreciate having real-time information from each of their locations. It is also important to maintain an inventory matrix that allows one the ability to view all facets of the items that you sell and purchase. Some retail point of sale software systems offer one of these items at the expense of the other. However, what you want is the combination of live information and current inventory so that you are highly informed about what is going on in your business.

If you have looked into retail point of sale information systems in the past, you may have felt that they are so expensive that there is no way you could afford this necessary business tool. Especially for small companies on their way up, cost is a factor that can determine whether or not new systems can be tried. It is exciting to know that there are companies that provide retail point of sale system software for very reasonable prices. Looking for a company that doesn’t require a long-term commitment is also essential. If you are unhappy with the services you are receiving, you don’t want to be stuck paying high prices for a long-term contract.

Some of the benefits of retail point of sale system software include reduced costs, increased sales and higher profitability. Knowing in real-time your stock on hand as well as that on order or in receiving docks helps you maintain better control. If you have ever experienced a time when the information was slow, you will know how expensive it can be to order something that hasn’t been received yet, just to find out it was sent to another location or was simply in transit. By having real-time information connected to all your locations, you will immediately know what you have and where it is, thus reducing costs.

If you have ever lost a sale because a customer wanted something that wasn’t at a certain location and you had to take several days to find out which other location might have it, you will see the benefits of this type of system. No more sales will be lost simply because of the lack of information about item location. Obviously, if your retail point of sale system software is keeping you updated on all items and their locations, you can’t help but have a higher profitability margin.

One who is looking for such a system might be wary of all the hardware that is usually required to be able to have such immediate information. However, there are some software system companies who do not require the expensive POS terminals. There is a new generation of ?Thin Client” platforms that are available to serve retail chain businesses. Software support is a big part of what a retail point of sale system should include. Having to pay extra for technical support makes such a system difficult to swallow, so be sure to do your research on what exactly is included in the packages offered. Soon, your retail point of sale business will be integrated and smoothly informing you of the things you need to know to improve your bottom line.

point of sale software, retail point of sale, pos retail

Getting An Employment Reference Letter From College Professors

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As a graduating college student you already know you’re immediate future could be tense. The odds of getting hired straight out of college aren’t nearly as high as they were ten years ago. The odds of getting a job which pays enough to cover your daily living expenses, as well as your student loans will prove even more difficult. When you’re getting ready to start applying for post-college jobs, you can’t afford to be blas about your employment reference letter. It doesn’t matter if you’re asking someone to write a letter for you, or if you’ve been asked to write a letter of recommendation for someone else, you need to make sure it’s the best letter possible.

When it comes to getting your first professional job after leaving college, you need to take care when selecting just who will be writing the letter. Even though your buddies love you, and will be more than willing to provide you outstanding recommendations, the really aren’t the ones you should be going to. Future employers won’t just be interested in the information contained in the employment reference letter, they will also be very interested in the person who penned the letter. The more respect they have for the employment reference letter’s author, the more weight they will give the reference, and the better your odds of landing the job.

Presumably you’re applying for a job in the same field you have jut finished studying. As long as this is the case, you should talk to some of your professors about providing you with good employment reference letter. Most college professors consider this to be part of their job. You will do best when you pick a professor you’ve not only worked closely with during the time you’ve been in the university, but you should also pick one that has strong connections in the field. The more respected the professor is, the better your chances of getting the job.

You shouldn’t wait until the last possibly second to get the letter. Professors are very busy, the have to carefully manage their time and it may take a few days before they have chance to sit down and write down their thoughts an opinions of you. The even bigger reason to ask the professor for the letter soon as possible will be to ensure they know exactly who they’re recommending for a job. The average college professor sees lots of students throughout the course of a year.

A Few Things You Should Know Before Getting Involved In Network Marketing

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With all the economic hiccups and credit crunches happening worldwide, many people are always on the lookout on how they can improve or mend their financial situations. Usually, they take extra work on top of their day jobs. With these, it is no wonder why many people are getting curious at network marketing jobs.

What is network marketing?
Network marketing can be referred to as a marketing technique or strategy that involves independent agents to get in touch with prospective clients in exchange for a specific amount of commission for the sales that they are able to make as well as the sales made by the other people in which that agent has sponsored into the business. Usually agents who are engaged in network marketing have the option to do their work on their free time for a specific number of hours or on a full time basis. If you are thinking of taking such type of work, here are a few things you should know before getting involved in network marketing.

Compensation Through Recruitment-

You must avoid any network marketing companies that offer compensation plans, which include payments coming purely from recruiting other distributors. This may be a sign that the network marketing company you are talking to is just a pyramid scheme.

Purchasing a Set of Expensive Products or Items in Advance-

You should also watch out for network marketing companies that will require their new distributors to buy a set of expensive items or products in advance. This is another sign of a pyramiding scheme and this will just collapse quickly.

Making Money Through a Downline-

You must also be cautious when a network marketing company would offer you plan where you will only make money if you constantly expand your downline instead of sales through products. Real network marketing jobs must not depend on the recruitment of other distributors to earn or by expanding the downline.

Get the Facts Straight-

Most network marketing companies have products related to health. If the network marketing company claims that their products have extensive health benefits, you have to get that information validated before believing or repeating them. The facts need to backed up by real validation and not just by the words of the representative that you are talking to.

Scrutinize What They are Saying About Incomes-

Other network marketing representatives would entice you to join their network marketing company by providing you information about the potential income that you can have or their current earning marks. However, you must be watchful and as much as you can scrutinize what they are saying since those using the pyramiding scheme will lie about their actual earnings just so you will join.

Never Be Pressured-

When joining a legit network marketing company, representatives will never pressure you or put you on the spot in such a way that you will feel compelled to join or sign contracts. They should allow you to take your time so you can think about their proposal more as well as weigh the pros and cons of the business for you.

Network marketing, just like any business, is not risk-free. Moreover, there would be certain individuals who might take advantage of the economic bumps just so they can recruit people in doing non-beneficial network marketing scheme. You must always be cautious and always think about things thrice. Remember these few things you should know before getting involved in network marketing.

Improving Construction Quality, Enhanced Market Transparency.

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While stocks and bonds have held their positions as traditional investment, investors are increasingly looking towards the alternative investments real estate, hedge funds, private equity and Exchange Traded Funds (ETFs) to engineer an overall enhanced performance of their portfolios.
Improving construction quality, enhanced market transparency, and availability of suitable options have made the Indian real estate market a definitive asset class to invest, which provides a stable and predictable income yield along with a possibility of capital appreciation. While residential markets in India have already witnessed a rapid bounce, commercial markets have touched a cyclical low and are expected to recover to 4-6 quarters.
The market value of investment grade real estate in India under construction has increased from $69.4 billion at end-2006 to $101.3 billion by end June 2010, which equates to 8.2% f Indias nominal GDP FOR 2009.
The market value of commercial office and retail under construction has remained range-bound during 2006-2010, due to the effect of an increase in construction activity offset by a fall in capital values. However, the contribution of residential segment has amplified due to a confluence of increase in construction activity and rapid recovery of property prices.
A significant portion of this market value is required as costs of construction and development of these real estate assets. The costs have been assessed to be $48.5 billion over a period of 2-3 years.
The market value of commercial (office and retail) real estate under construction is $34.8 billion. Commercial office space under development contributes to 74% of the estimated market value being developed in the commercial sector.
As of 2Q 2010, Tier I cities of Mumbai, NCR-Delhi and Bangalore contribute to 70% of the market value of commercial office space under construction, while Tier 2 cities of Chennai, Pune, Hyderabad and Kolkata contribute to 21% of the pie. Other investment grade developments in Tier 3 cities contribute to a more 9% of the pan-India market value being developed in India today.
However, with infrastructural developments and lover real estate costs, the shared of Tier 3 cities is likely to grow In future. While the Tier I cities contribute to 62% of the commercial retail space under development,27% is supplied by the Tier 2 cities.
Residential sector has been the most resilient in the recent downturn, aided by the high demand for housing in India. While residential property prices slumped in 1H09, their raped recovery in 2H09 and 1H10 was accompanied by a slew of launches across India.
As of 2Q 2010, the market value of residential properties under construction is $66.5 billion, contribution 66% of the value of total real estate under construction in India.
While the premium segment comprises only 4% of the saleable area being developed, it contributes to 24% of market value. While NCR Delhi leads in terms of volume of residential properties being developed, Mumbai contributes a larger share to the market value.
Foreign Direct Investment (FDI) into housing and real estate in India increased steadily from $0.04 billion in 2005-06 to $2.18 billion In 2007-08. Since 2007-08, a total FDI of %7.82 billion has been put into housing and real estate in India. Considering an average construction period of three years for real estate properties, this equates to 7.7% of the market value of investment grade real estate under construction as of 2Q 2010.
Courtesy:-Times Property 02-10-2010

Economic City To Transform Medak District

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Medak District is located in Andhra Pradesh, India. Sangareddy is the district headquarters of Medak. Minister for Major Industries J. Geeta Reddy recently claimed that the Medak district has witnessed multi-fold development. The Export Promotion Industrial Park in Medak District has an area of 300 acres, and the Garment Complex at Gundla Pochampally in Medak District has an area of 170 acres. The Nagarjuna Agricultural Reserach and Development Institute (NARDI) has a 107-acre research farm, situated at Wargal, Medak District, 50 km from Hyderabad on the Rajiv Gandhi Highway.

The proposal of Hyderabad Economic City (HEC) will transform Medak considerably. Ras Al Khaima Authority (RAKIA), and APIIC signed a memorandum of understanding in September last for the development of HEC with a proposed investment of Rs 20,000 crore. The Andhra Pradesh government recently allotted 471 acres of land at Sultanpur village of Medak district for the first phase of Hyderabad Economic city which is being jointly developed by APIIC and RAS-AL-KHAIMAH. RAK is the investment arm of the UAE government which had asked for a total of 2000 acres for the project. The balance land would be allotted in due course according to an APIIC official. It would be an integrated financial hub with infrastructure facilities for financial services operations for banking, insurance and asset management companies. The project would also have an integrated health city that would include facilities for clinical and non-clinical services, hospitals, and medical colleges, research services for clinical trials, drug delivery system, stem cell research and genetic research among other things, according to sources. This is the largest real estate and infrastructure project coming up in Andhra Pradesh and is expected to provide quality employment to thousands of people. RAKIA is a world renowned and much respected investment body that is cash rich. Executing a project of this magnitude is well within their capability. Residential areas adjacent to Sultanpur such as Ayilapur, Kistareddypet and patelgudem will be the most sought after destinations and are likely to appreciate in value considerably.

This project is a boon to Medak district which would assume great significance in terms of the infrastructure being provided and tremendous employment potential. Sultanpur is located abutting the outer ring road and is presently accessible from the Mumbai highway via the Beeramguda crossing which is two Km after BHEL. A three and half Km drive would bring you to Kistareddypet village. The limits of Sultanpur commence barely half a Km to the right of Kistareddypet which has already been witnessing real estate development in the form of gated communities, residential layouts and apartment complexes. Sultanpur is situated at a distance of 16 to 18 Km from important hubs such as hi-tech city area, Microsoft campus, financial district etc. The prestigious IIT Hyderabad campus is also coming up in Medak district around 20 Kms from Sultanpur.

To support the investments around Medak district, the government of Andhra Pradesh proactively took few measures on the Power Generation. Andhra Pradesh Power Generation Corp (APGENCO) has implemented the 2x 7..5 MW Singur hydel project at the head of Singur dam across river Manjira in Medak district. The project, estimated to cost Rs 405.8 Million was financed by the governments of AP and Karnataka as well as funds from power finance Corp (Rs. 160 million). BHEL supplied the turbines and Generators. The first 7.5 MW unit was commissioned in December 1999 while the second unit was commissioned in January 2000.

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