Being a landlord in the UK involves more than just collecting rent; it requires a deep understanding of legal obligations, tenant management, and property maintenance. Whether you’re a new entrant into the market or a seasoned professional, leveraging a range of landlord services and comprehensive guides can significantly ease the complexities of property management. This article explores essential landlord services and resources that can help maximize your investment while ensuring compliance with current regulations.

Landlord Knowledge

is a great place to learn about all it takes to be a successful UK landlord.

1. Landlord Services: Enhancing Property Management Efficiency

Landlord services encompass a wide array of professional offerings designed to assist landlords in managing their properties effectively. These

landlord services

range from property management firms to online platforms that streamline various landlord responsibilities. Here are a few key services:

Property Management Companies: These firms take over most of the day-to-day responsibilities of being a landlord, including tenant screening, rent collection, and maintenance issues. While this option involves a fee, usually a percentage of the rental income, it can significantly reduce the burden of property management, especially for landlords with multiple properties or those living far from their rental units.

Legal and Compliance Advice: Staying compliant with UK housing regulations is crucial. Services provided by legal experts can help you navigate the complexities of landlord-tenant law, from drafting tenancy agreements that comply with current legislation to handling eviction processes legally and ethically.

Tenant Referencing Services: Properly vetting tenants can prevent numerous issues down the line. Tenant referencing services check a potential tenant’s credit score, employment status, and rental history, helping landlords make informed decisions.

Online Rent Collection Tools: Technology has made rent collection easier and more efficient than ever. Online services offer automated rent collection, reducing the hassle of manual payment follow-ups and providing a convenient payment method for tenants.

2. Landlord Guides: Navigating the Real Estate Terrain

In addition to services, several comprehensive

are available to help landlords understand their responsibilities and rights. These guides cover a range of topics from the start of a tenancy to its end, offering valuable insights and advice on best practices in property management.

Government Publications: The UK government provides various publications that are crucial for landlords. These include guides on fire safety, energy efficiency standards, and tenant eviction protocols. For example, the ‘How to Rent’ guide is a mandatory document that landlords must provide to tenants, outlining their rights and responsibilities.

Professional Associations: Joining a landlord association can provide access to a wealth of resources including template documents, advice hotlines, and regular updates on legislation changes. Associations such as the National Residential Landlords Association (NRLA) offer training sessions and guides on topics such as conducting property inspections and managing rental arrears.

Online Forums and Blogs: These platforms offer a space for landlords to share experiences, advice, and solutions. Websites like LandlordKnowledge.co.uk are popular among UK property owners for their practical tips and legislative updates.

3. Keeping Up with Changes: Continuous Learning and Adaptation

The real estate market and regulatory environment are constantly evolving, making continuous education and adaptation vital for success as a landlord. Subscribing to newsletters from real estate experts, attending webinars, and participating in workshops can keep you informed of the latest trends and legal requirements.

Conclusion: Leveraging Landlord Services for Success

Effectively managing rental properties in the UK requires a proactive approach to understanding and fulfilling the duties of a landlord. By making use of professional landlord services and thoroughly engaging with comprehensive guides, landlords can enhance their operational efficiency, stay compliant with the law, and provide excellent service to their tenants. These resources are not just aids; they are essential tools that empower landlords to navigate the complexities of the real estate market confidently and profitably.

StoryBrand, a powerful advertising and marketing framework established by Donald Miller, focuses on clarifying your service’s message to make sure that it reverberates with possible consumers. The framework is based upon the traditional components of storytelling, using them to marketing to make your brand name’s interaction a lot more engaging and effective. When it concerns lead generation, including the StoryBrand framework can dramatically boost your strategy by making your advertising and marketing products much more engaging and customer-focused. Below’s just how you can apply the StoryBrand principles to increase your Storybrand Lead Generation:

### 1. ** Determine Your Consumer’s Trouble **.

In any kind of tale, there’s a hero facing a problem. In the context of your company, your customer is the hero, and your very first step is to plainly identify the problem they are encountering. This trouble could be anything from a sensible issue your product can fix to a much more psychological require your solution addresses. By highlighting this issue in your marketing products, you can right away catch the focus of possible leads that are experiencing this concern.

### 2. ** Setting Your Brand Name as the Overview **.

Every hero requires an overview to help them conquer their obstacles. In your advertising and marketing tale, your brand plays the function of this overview. Your task is to show compassion and authority, showing that you understand the customer’s problem and have the experience to address it. This develops count on and placements your brand name as the service to the client’s demands.

### 3. ** Deal a Plan **.

When you’ve developed your brand as the overview, you require to offer a clear strategy that details just how consumers can engage with your product or services. This plan must streamline the buying procedure, making it clear and simple exactly how possible leads can take the next step. Whether it’s enrolling in a cost-free trial, arranging a consultation, or acquiring a product, your strategy ought to reduce any type of fears and make it very easy for them to move forward.

### 4. ** Create a Call to Activity (CTA) **.

A solid, clear CTA is crucial in transforming leads. Your CTA needs to force possible customers to take immediate activity, whether it’s calling your business, making a purchase, or downloading and install a source. Guarantee your CTA projects, persuasive, and existing in all your marketing products, from your internet site to your e-mail projects.

### 5. ** Highlight the Risks **.

In every tale, stakes drive the narrative forward. In your marketing, plainly interact what your clients stand to acquire by involving with your brand and what they might lose if they don’t. This can be done by showcasing success stories and endorsements from satisfied customers, along with describing the adverse outcomes your services or product helps to stay clear of.

### 6. ** Implement Success Stories **.

Use success stories and endorsements as evidence that you can deliver on your assurances. These stories should reverberate with your target market, revealing real instances of how your brand has actually helped others overcome similar problems. This not only builds integrity however also assists prospective leads visualize their own success.

### 7. ** Fine-tune Your Messaging **.

Continually refine your messaging to ensure it remains clear, engaging, and focused on your client’s journey. The StoryBrand framework isn’t an one-time repair however an overview for continuous marketing initiatives. Frequently taking another look at and adjusting your tale can help keep your brand name appropriate and leading of mind for possible leads.

### Verdict.

Using the StoryBrand structure to your Storybrand Lead Generation initiatives can change the way possible consumers see your brand name. By making your client the hero and your brand the overview, you produce a story that reverberates on a deeper level. This strategy not just helps attract even more leads but also promotes more powerful connections, eventually driving conversions and sustaining organization development. Keep in mind, the power of storytelling in marketing can not be taken too lightly; when done right, it can be the trick to unlocking your brand name’s complete potential.

When you want to take the next step in your career, it requires more than luck. You have to develop certain habits that position you for success. What are a few that highly successful people put to use? Here’s a look at 7:

#1: They connect with company leadership.

If you want to earn a promotion, getting on the radar of company leadership is key. To do this, make the effort to attend any company social events or meetings where you can connect with those in leadership roles. Over time, you could even develop a mentoring-type relationship with one of them.

#2: They create alliances across the organization.

Beyond those in leadership positions, it’s also important to forge ties with others in different departments. This will give you more insight into the big picture of how the organization runs and where everyone fits in. It will also help you to create relationships with those who can help you get ahead in your career in the future.

#3: They look for opportunities to shine.

People who move up quickly in their careers do more than just their daily tasks. They go the extra mile and look for opportunities where they can stretch their skills or gain leadership experience. If you’re given the opportunity to take the lead on a project, it could be a major stepping stone in your career.

#4: They’re good listeners.

In today’s tech-driven world, it’s hard to find someone who truly listens. However, it’s the only way to get to the root of problems, show people you care, and motivate and encourage others. When you have good listening skills, it demonstrates that you value other people’s thoughts and opinions – an important skill for getting ahead.

#5: They keep it professional.

From the way they dress to how they conduct themselves in meetings, they always demonstrate professional behavior. They don’t bring emotions to the table but rather facts, logic, and reason. They also avoid office drama and gossip, staying above petty in-fighting.

#6: They think ahead to solve problems.

Not only do employees who get ahead solve existing problems, but they do their homework and look to the future to think through new ones that might occur. They identify the potential for a problem and determine a solution in order to pitch it to their boss before it’s even on their radar.

#7: They keep track of their accomplishments.

This way, when they’re ready to ask for a promotion or start a new job search, they have a handle on the value they can offer. They can talk to their boss or a potential employer about specific accomplishments and the impact these have had on the company.

Ready to take your career to the next level in a new job?

Provisional Recruiting is here to help. As a leading employment agency serving Spokane and the Northwest, we can help you take that next big step so that you can advance your career. Search our jobs now to get started, by clicking the link below.

Provisional | 7 Habits of Highly Successful People

A Deep Dive into Smart Home Automation Systems

Introduction

Welcome to the realm of Smart Home Automation Systems, where your home transforms into a connected hub of convenience and efficiency. Say goodbye to traditional home control methods as we delve into the wonders of smart technology, enabling you to manage your home with ease and precision. From adjusting temperatures to enhancing security, smart home automation systems offer a plethora of benefits, including energy savings and personalized living experiences. 

You need to know see more to explore now and discover more about our latest products and services.

Understanding Smart Home Automation

Redefining Home Control

Smart home automation systems revolutionize the concept of home control, turning your residence into a central hub of interconnected devices. These systems offer seamless integration and comprehensive control over various aspects of home operations, providing unparalleled convenience and efficiency.

The Evolution of Home Technology

Once considered a luxury, smart home automation technology has become a necessity in modern households. Driven by the desire for efficiency and security, the smart home market is projected to soar, reflecting a growing demand for interconnected living spaces that enhance daily life.

Exploring Smart Home Features

Integrated Home Ecosystems

At the heart of smart home automation lies the integration of diverse devices, enabling seamless communication and operation. From smart thermostats to security cameras, these devices work together to create a cohesive and efficient home environment tailored to individual preferences.

Enhancing Daily Living

Smart home features go beyond mere convenience, significantly improving everyday life. From fitness trackers to personalized wake-up routines, these features create a home environment that anticipates and meets residents’ needs, enhancing comfort and well-being.

The Technology Behind Smart Homes

Understanding Smart Devices

Smart devices form the backbone of smart home automation systems, delivering unprecedented control and efficiency. From thermostats to security cameras, these devices leverage microprocessors, sensors, and networking technologies to create intelligent, interconnected ecosystems.

Conclusion

Smart home automation systems represent the future of home living, offering unparalleled convenience, efficiency, and security. As technology continues to advance, we can expect further enhancements in smart home automation, shaping the way we live and interact with our living spaces. Embrace the possibilities of smart home automation and unlock a new era of comfort and convenience in your home.

Embracing a Smarter Future

The journey to a smarter home begins with understanding your needs and selecting the right automation system. Whether it’s Apple HomeKit, Google Home, or Amazon Alexa, there’s a solution to suit every lifestyle. Embrace the future of home automation and experience the transformative power of interconnected living spaces.

FAQs

What does smart home automation involve?

Smart home automation involves the integration of interconnected devices that can be controlled remotely or through programmable routines. These systems offer enhanced convenience, energy savings, and personalized living experiences.

How does home automation technology work?

Home automation technology utilizes smart devices that communicate with each other through a central hub or smartphone app. This allows for seamless control and operation of various home functions, including temperature regulation and security monitoring.

What kind of smart home features enhance daily living?

Smart home features such as remote monitoring, programmable routines, and energy management systems enhance daily living by providing convenience and efficiency. Additionally, security features like motion-activated cameras and video doorbells offer peace of mind.

How can I make the transition to a smarter home?

To transition to a smarter home, start by identifying your needs and selecting a compatible home automation system. Consider factors such as compatibility, ease of use, and available features to create a personalized smart home experience. Smart home automation not only offers convenience and efficiency but also contributes to a more sustainable lifestyle. By optimizing energy usage and reducing waste, smart home systems play a crucial role in promoting environmental conservation. For instance, automated lighting schedules ensure that lights are only turned on when needed, reducing electricity consumption and lowering carbon emissions. Similarly, smart thermostats intelligently adjust temperature settings based on occupancy and external weather conditions, leading to significant energy savings and reduced reliance on fossil fuels for heating and cooling. Additionally, smart sensors can detect water leaks and automatically shut off water supply, preventing wastage and potential water damage. These features not only benefit homeowners by lowering utility bills but also contribute to broader efforts to combat climate change and preserve natural resources.

Defining Commercial Property Insurance

Commercial or business property insurance is a vital insurance policy for businesses, safeguarding a company’s real estate and onsite physical assets. This coverage protects against unforeseen incidents, including fire, theft, and natural disasters. It’s similar to property insurance, but business owners can deduct their premiums as expenses.

What Does Commercial Property Insurance Cover? 

Types of Commercial Property Insurance by Policy

The policy type plays a significant role in determining the scope of coverage for your commercial space and equipment:

1. Named Perils Policy: This policy explicitly covers incidents listed in the policy, such as theft and fire. Business owners can tailor coverage based on their unique risk profile.
2. Open Perils Policy: Offering broader coverage, an Open Perils Policy protects against a wide range of incidents but comes with a list of exclusions, such as flood damage. While providing more extensive protection, this policy generally costs more.

What Does Commercial Property Insurance NOT Cover?

While commercial property insurance provides robust coverage for various incidents, it’s crucial to note the scenarios that fall outside its scope. This type of insurance does not cover incidents related to tenants using their commercial space and equipment. Expressly, it excludes:

• Company cars getting into an accident during work hours, which your commercial auto insurance covers,
• Flood damages, which require separate insurance coverage,
• Damages to your client or customer’s property within your commercial space and
• Incidents where you or your employees accidentally or intentionally damage the commercial space and physical assets at work.

Do I Need Commercial Property Insurance?

For business owners with commercial spaces, having an official agreement with the building’s owner is common. This outlines damages for which the business owner is responsible. Commercial property insurance serves as a financial safety net, covering costs instead of requiring out-of-pocket payments for repairs. It becomes crucial during severe cases like natural disasters or significant fires, preventing business closure and mitigating financial burdens. Home business owners should opt for home business insurance instead.

How Much Does Commercial Property Insurance Cost?

The cost of commercial property insurance varies for small businesses, with an average monthly premium of $67, according to Insureon. Notably, 62% of small businesses spend $100 or less for coverage.

Several factors contribute to the cost of commercial property insurance, including:

• Value of Business Assets: The higher the value of physical assets within the commercial property, the higher the replacement value and coverage level, influencing the insurance cost.
• Weather Conditions of the Location: Buildings in areas with a higher risk of weather-related catastrophes may incur higher coverage costs due to increased risk.
• Access to Fire Protection: The presence or absence of fire department services in the vicinity can impact insurance quotes, with higher costs for properties outside city fire protection zones.
• Building Safety Measures: Investing in safety measures like fire alarms and security systems can lower insurance costs.
• Material of the Building: Buildings constructed with fire-proof materials may qualify for lower rates, but additional combustible structures could negate the reduction of rates.
• Occupancy: The nature of the business in the commercial space also influences premiums. Businesses with a higher risk of incidents, such as restaurants or welding shops, may experience higher premiums.
• Other factors: Payroll size, number of employees, and claims history. 

What Coverage Limit Should I Choose per Occurrence?

Choosing the right coverage limit per occurrence is crucial for your specific business needs. Discussing with your insurance agent helps make an informed decision on the necessary coverage amount.

For example, if your business suffers $500, 000 in wind damages but your maximum coverage is $400, 000 per incident, you’ll face a $100, 000 shortfall. Aligning coverage limits with potential risks is key to avoiding unexpected out-of-pocket expenses.

Collaborating with your insurance agent ensures you determine the most suitable coverage limits for financial security in unforeseen incidents.

What is the Commercial Property Insurance’s Standard Deductible?

The standard deductible for a commercial property insurance policy can vary, typically ranging from hundreds to more than a thousand dollars. According to Insureon, the average deductible chosen by their customers is $1, 000.

Understanding the standard deductible is crucial as it represents the amount a business owner needs to contribute out of pocket before the insurance coverage takes effect. The higher the deductible you pay, the lower your insurance cost will be.

Types of Commercial Property Insurance

Commercial property insurance comes in different forms, offering varying coverage approaches to meet the diverse needs of businesses. Two primary types include:

• Replacement Cost Coverage: With this type of coverage, the insurance company commits to replacing your commercial property with similar, new items. These items are typically non-tax-deductible.
• Actual Cash Value Coverage: Under this coverage, damaged property is reimbursed based on its fair market value, considering depreciation. While providing coverage for the current property value, it factors in depreciation, influencing the reimbursement amount.

Business Owner’s Policy (BOP)

For small businesses, a Business Owner’s Policy (BOP) is a practical and cost-effective choice. It bundles essential insurance policies, including Commercial Property Insurance, General Liability Insurance, and Business Interruption Insurance, offering comprehensive coverage at an affordable rate. This streamlined approach helps optimize risk management strategies for small businesses.

Commercial Property Insurance for Your Business

Commercial property insurance serves as a crucial safety net for businesses, offering protection in times of emergency, including natural disasters, fire, or theft. This insurance ensures business continuity by covering damages to your commercial space and physical assets, allowing you to focus on your operations without the financial burden of repairs or replacements.

The costs of commercial property insurance are influenced by various factors, including the value of your business location, the building structure, and the type of business you operate. Click below to learn more. 

Goodale & Barbieri

As the old saying goes, the only things you can’t avoid in life are death and taxes.

The better organized and prepared you are before your tax return is due, the better you’ll feel and the more likely you are to take advantage of strategies to reduce your taxes and increase your potential refund.

1. Double-check your withholding

The end of the year is a great time to review your current withholding allowance to decide if you want to change it. Just look at your paycheck and talk with the payroll department at work about adjusting your withholdings as necessary.

2. Max out your retirement account contributions

The deduction limit for 401(k) contributions for 2022 taxes is $20, 500, and that does not count employer contributions. If you’re over 50, you can contribute more with “catch-up” contributions totaling $6, 500 if permitted by your 401(k) plan.

For IRAs, the maximum amount of tax-deductible contributions for 2022 is $6, 000, or $7, 000 if you are over 50. However, the amount of money that you can deduct from your taxes depends on both your income and whether you have a work-provided retirement plan.

Talk to your plan administrator to learn more about your options.

3. Make your home more energy efficient 

The American Recovery and Reinvestment Act of 2009 tripled the amount of tax credits you can get for increasing your home’s energy efficiency. Installing a solar energy system, wind turbine or geothermal heat pump can now give you 26% of the cost back if completed before Jan. 1, 2023.

Tax credits for energy improvements aren’t limited to alternative energy. Simply installing new Energy Star-certified furnaces and boilers can reap tax credits too. Check the manufacturer’s tax certification statement, as not every Energy Star-certified product is eligible.

4. Track your charitable contributions

Most taxpayers can generally deduct charitable donations up to 50% of their taxable income. 

Before donating to anyone, make sure that your contribution will be tax deductible by searching the IRS’ tax-exempt organization database. All valid charities and non-profits will also have a tax identification number identifying them as tax-exempt.

5. Check your required minimum distributions from retirement accounts

US tax law requires that Americans start receiving distributions from their personal or work-provided retirement accounts when they reach a certain age. These distributions are mandatory for 401(k) plans, traditional IRAs, profit-sharing plans, and pensions. They’re not required for Roth IRAs while the owner is alive. While the administrator of your retirement plan is required to follow tax law for distributions, it’s up to you to make sure you’re getting the right amount. If you don’t meet the required amount, you’ll face the harshest IRS penalty around — 50% on the shortfall. 

6. Combine your medical expenses into one year

Medical expenses can be a significant deduction for many taxpayers, but the IRS only allows you to deduct expenses that are more than 7.5% of your adjusted gross income. For that reason, it can be advantageous to group all of your major medical expenses into one year.

If you’re approaching the 7.5% threshold this year, consider making health-related purchases by the end of December. Get your teeth straightened, buy those new glasses, or schedule that elective surgery, and you’ll maximize your medical deductions.

Similarly, if you’re not approaching that threshold, hold off on any non-urgent health-related purchases until January, when they could be more advantageous for next year’s income taxes.

7. Strategize your business expenses

Deducting business expenses can save you considerable money on taxes if you’re self-employed or a freelancer. Consider prepaying for next year’s expenses before the end of the year to reduce your tax burden for next year. 

2022 is quickly fading into the rear-view mirror. It may be too late to implement some of these strategies for this year’s return, but being aware of steps you can take to minimize your tax burden will deliver value (and hopefully a lower tax bill or larger refund) every year.

Learn more with the link below.

Canopy CU

Warranty Certificates for Your Business

When a customer purchases your product, they want to be reassured that they made the best decision. Part of that reassurance comes from a warranty certificate that you provide them. The custom warranty certificate is confirmation that in the event that your product fails to deliver as promised, your customer can reach out to you for resolution.

Why are warranty certificates so important?

A warranty certificate is a critical document because, without it, your customer will not be able to make a claim for a repair or replacement. Therefore, a warranty certificate must contain wording that outlines your company’s terms and conditions, which includes the warranty period and other important information. Here are a few examples of custom warranty certificates that you can create, print and email with SimpleCert^®.

5 Types of Warranty Certificates

Product Warranty Certificate

A product warranty certificate is probably one of the simplest of warranty certificate options. It contains clear language that includes product terms and conditions, warranty period, the limitation of warranty, and other important information that can be customized to your specific needs.

Extended Warranty Certificate

With an extended warranty certificate, the most obvious benefit is your customer’s peace of mind. The extended warranty requires a customer to pay in addition to the cost of your product but the knowledge that if there is a repair needed down the road outweighs the cost of the extended warranty.

Lifetime Warranty Certificate

This warranty certificate is the “granddaddy” of them all. BY giving your customers this certificate, you are giving them a reason to trust in the quality and lifespan of the product they purchased. There are some subtle nuances as to what “lifetime” means, however, and that will be something that you and your company will need to define.

Limited Warranty Certificate

A limited warranty certificate applies to specific aspects of your product, certain types of product defects or any other conditions that you place on the product. This could include covering just parts, splitting the cost of the repair with the customer and more options.

Certificate of Authenticity

This certificate is vital when the product in question needs to be authenticated as real. Being able to provide your customer with a product authenticity certificate is what ensures that you and your business are credible and your customer has a genuine product.

With SimpleCert^®, you can build professional warranty certificates that cover all the details of your product and its warranty information for any situation or type of coverage you may need.  You can choose from basic templates that do the job or choose from dozens of templates for PC or Mac. You can add your branding and other personalization that will instill confidence and trust when providing them to your customers.

How To Use the SimpleCert^® Platform to Create Printable Warranties

 

Ready to get started with SimpleCert^® and want to know how much it will cost? That’s easy nothing! You can sign up for SimpleCert^® completely free, with no credit card required. Free users can create, print and send up to 10 warranty certificates per month.

Once you’ve created your account, you’ll enter the SimpleCert^® design studio where you can choose from a vast library of prebuilt certificate templates, or create your own from scratch. You can add your own custom artwork or company logo, and browse an online library of thousands of photos, graphics and icons to make your certificate truly one of a kind.

After you’re done designing your warranty certificate you’ll have the option to save, print, send and store. If you’re using your template to print certificates for one or a few recipients, the process is fairly straightforward. Certificates are saved as PDFs, which can then be printed or emailed directly from the SimpleCert^® online system.

For businesses who want to send a warranty certificate to multiple recipients, you can use our bulk certificate API, Zapier connection or Google Forms to upload a list of recipients which will then be automatically mapped to your template. You can then use the SimpleCert^® send tool to dispatch your certificates via email.

Our help center is also a great resource for businesses and individuals looking to get the most out of their SimpleCert^® experience. 

Did we mention that it’s totally free to get started? There simply isn’t a better or more convenient way to create printable certificates that can be used offline, online or anywhere you wish! Be sure to check out the link below to get started. 

SimpleCert

The Advantages of Calculating TAM, SAM, and SOM with Neuron360

To get TAM, you’ll need up-to-date data to see your potential customers and actual market size. You must know specific data of your target clients, such as the industry, industry segment, company size, and location. This is where Neuron360 comes into play.

The Neuron360 is a database for professional and company profiles worldwide. All data are GDPR-compliant with near real-time updates. The following information can be found:

60 Million+ B2B Leads
It has over 60 million B2B leads compromising technology users, influencers, and C-suite decision-makers. B2B companies can shorten their sales cycles by targeting potential clients who know the value of their product or service.

Sourced from over 800 million global public profiles, more than 65 data fields such as email address, job title, company name, primary phone number, and more.

200 Million+ Companies
With over 200 million company profiles, you can find detailed information that is sourced and standardized from hundreds of public sites and datasets.

Firmographics contain industry sectors, revenue, and number of employees. It helps you find the right companies to target.

Technographics contain what technological products each company uses and which vendors they have bought from. It reflects their interest in certain technical products and qualifications to be a potential client.

Understanding Total Addressable Market Analysis

The total addressable market (TAM) analysis measures the industry’s profit potential and realistic revenue growth IF 100% of the market is achieved. It gives the possible revenue that startups and existing businesses may obtain in targeting specific markets.

Here are the benefits of TAM on decision-making and business strategies.

TAM can open perspectives on growth
Many people are surprised when their business earnings today are simply a sliver of what they can earn at a maximum. TAM not only informs a business or product’s potential, it also motivates the company to grow.

TAM determines business potential by market size
For pioneering entrepreneurs, it also gives the “go or no” sign to potential business ideas. If the TAM is high, investors are more likely to be on board and provide financial backing.

How to Compute Total Addressable Market (TAM) with Neuron360

TAM’s top-down method uses industry research and market reports. It shows you the macro economy of your industry. The top-down approach is used to take a large population of the sector and then narrowing down to your target market.

Using Neuron360, you can use technographic and firmographic profiles to get a more accurate industry size.

For example, an IT security company wants to offer a new kind of anti-ransomware software to large financial businesses. Through Neuron360 company firmographic profiles, you can find the number of large enterprises. You can use revenue and number of employees to determine company sizes.

Let us say that the number of large financial businesses worldwide is 1 billion. However, according to their technographic profiles, only 50% use anti-ransomware similar to their product. This means that 50% will already be familiar with what they have to offer and express interest.

50% x 1 billion companies = 500, 000, 000 potential clients

The company plans to offer a free trial of their software and a premium version at the end of the trial with a $100 per year annual subscription. If they multiply this by their number of potential clients worldwide:

TAM = 500, 000, 000 x $100 = $50, 000, 000, 000

The company could profit up to $50 billion if they were to market globally.

* Note that this is an example only, and all figures do not reflect actual data.

Unveiling the Serviceable Available Market (SAM) with Neuron360

Serviceable Available Market (SAM) is a served segment of a market or TAM. The segmentation of the market is often used to improve qualifying leads and targeted marketing. SAM is based on the willingness of potential clients to pay for a product or service that the company is willing to serve.

The TAM can be segmented in different ways. In Neuron360, users can segment TAM by firmographic data such as location or industry.

Let’s use an example we have used for TAM. With 500, 000, 000 potential clients, they use the filters in Neuron360 to target the ones in the US first.

They found that 10% of their potential clients are located there.

10% x 500, 000, 000 = 50, 000, 000 US potential clients.To calculate SAM, they multiply the number of potential US clients by the price of their product:

SAM = $100 x 50, 000, 000 US potential clients = $5 billion

SAM market analysis then shows that the company can have $5 billion in sales with their new product in the US alone.

Exploring the Serviceable Obtainable Market (SOM) Key Discussion Points

The serviceable obtainable market (SOM) is the market size you can realistically capture or your actual possible market share and expansion. The factors to consider in this category are your resources to target them and your competition.

Using the example above, the IT security company discovered that its competitors have a monopoly over credit card companies. 30% of their potential US clients are credit card companies. Therefore, their product’s SOM would be:

SOM = 70% x 50, 000, 000 US potential clients x $100 = $3, 500, 000, 000

The IT security company’s SOM analysis for their product is $3.5 billion from 35 million potential clients in the US that are not credit card companies.

Utilize Neuron360 for More Insights

The Neuron360 B2B data platform is a market analysis tool used for various purposes, such as segmentation, TAM analysis, account targeting, and lead generation. Many of our clients have obtained marketing insights that drive strategic decision-making through Neuron360 to embark on untapped opportunities. 

Equipped with Rhetorik AI tools, it standardizes and normalizes data worldwide into an organized and cohesive system for your use. See our video demonstration or schedule a personalized demo at your convenience to experience how Neuron360 can give you your more accurate TAM, SAM, and SOM with the link below.

Rhetorik | Neuron360

In the dynamic world of communication technology, VoIP (Voice over Internet Protocol) has become an efficient and versatile solution for all business sizes. But myths and misconceptions often surround it due to little information on what they are and how they work.

VoIP phones are similar to regular phones. But instead of telephone wiring, VoIP phones use an internet connection. VoIP service turns audio messages into digital codes, which will be sent online. It will then be received by another VoIP or a regular phone, where its digital code will be turned into audio signals.

This article will address the common myths and misconceptions that may have prevented you from embracing this transformative communication tool. By the time you reach the end of this article, we hope you’ll have the insights you’ll need to make informed choices that can empower your business with unified communications.

Myth #1: VoIP Phones Require High Internet Speed

VoIP phones will need a minimum of 90-100 kilobits per second of internet speed for a quality voice call. This means that even with a low Internet speed of less than 15 megabits, VoIP phone communication can carry through. Another advantage of VoIP phones is that because they work online, they do not go down even in power outages as long as there’s an internet connection. 

Myth #2 VoIP Phones Are Not Secure

The security of VoIP communications will depend on your phone service. At F2F Telecommunications, every plan has a firewall to maintain your phone system’s security. A firewall protects your network and devices by verifying incoming data, where it comes from, and whether they are safe. A firewall makes your network less vulnerable to hackers.

Myth #3: VoIP Phones are Expensive

It will depend on the type of VoIP phone system you want to use. A cloud-hosted VoIP phone system costs $10-30 per user monthly. An on-premise VoIP phone system costs $500-1, 000 per user. At F2F Telecommunications, our standard monthly plan starts at $35 per telephone for all the necessary hardware and support. 

Myth #4: VoIP Phones aren’t Widely Used

The use of VoIP is growing in the US due to its ability to strengthen communications and increase savings. About 31% of businesses use VoIP phone systems. Companies have reaped the rewards of switching to VoIP, such as experiencing 50-75% savings and increased productivity in mobile workers by 67%.

Myth #5: VoIP Phones are for Tech Companies Only

Due to their efficient ability to solve problems through communications, businesses from industries beyond tech companies benefit from adopting VoIP phone systems. Financial institutions can now provide personalized solutions at lower costs. Hospitality professionals automatically receive the right calls to address. E-commerce businesses can guarantee customer satisfaction through online phone communications. Even real estate agents use this phone system to generate and nurture leads.

Myth #6: VoIP Phones Can’t Be Used with Existing Devices

You can still use existing devices by integrating them into your VoIP system. Analog Telephone Adapters can connect regular phones and fax machines to VoIP. Note that this can be an added cost. 

Myth #7: VoIP Will Make You Lose Your Phone Numbers

You can keep your existing phone number through porting. Porting means we transfer your current phone number to your VoIP phone system. The Federal Communications Commission mandates this so consumers can assign their phone numbers to any service provider.

Myth #8: VoIP Phones are Challenging to Install

A cloud-hosted VoIP phone system is easy to install when it includes all the necessary hardware. It’s a bonus if said hardware is a plug-and-play type. This means you can use it immediately after plugging it with minimal configurations. Hosted VoIP phone systems are also easy to install as they require less hardware using business phone apps over desk phones. 

If you want to know what to look for in a VoIP phone system, click our link below. 

F2F Telecommunication | VoIP Phone System

In the aftermath of a car accident, the decision to seek legal representation hinges on several crucial factors. Primarily, if the incident has resulted in severe or long-term injuries, enlisting the expertise of a car accident attorney becomes paramount. 

While there is no legal requirement mandating the involvement of an attorney in seeking compensation, opting to represent oneself can prove counterproductive. This is especially true when injuries are significant, and the other party is not readily admitting fault. 

Self-representation might be feasible for individuals with minor injuries and clear-cut fault acknowledgment. But even in such cases, consulting with a legal professional can provide valuable insights and safeguard against potential pitfalls.

Benefits of Consulting a Car Accident Attorney

An attorney specializing in car accidents brings expertise and experience to the table. They serve as crucial allies in navigating the complexities of legal proceedings. 

Many attorneys in this field offer free first consultations, allowing you to discuss your case without financial commitment. These consultations can provide invaluable insights into the best options for your unique circumstances. Beyond legal advice, these sessions also serve as a chance to familiarize yourself with the attorney and assess whether they align with your needs and expectations. They can give you a rough estimate of the compensation you deserve based on their court experience. 

The advantages of having an auto accident attorney by your side extend beyond legal counsel. Their presence helps you avoid pitfalls and ensures a just defense, especially when facing uncooperative insurance companies or intricate legal nuances. Hiring a seasoned car accident attorney enhances your chances of securing a favorable outcome while providing clarity and strategic guidance throughout the process.

Investigate Your Case of Car Accident Injury 

Your car accident attorney is pivotal in investigating your case, aiming to build a strong foundation for your injury lawsuit. While they possess the expertise to gather evidence on your behalf, expediting the process becomes more efficient when clients can provide essential information readily available to them. The key elements required for your case include:

Medical Records and Bills: These documents serve as critical evidence, illustrating the extent of the damages you have sustained. Your attorney can request them, allowing you to focus on your recovery. With your consent, they may also request photos of your injuries to bolster your case.

Physical Evidence: Collecting physical evidence is paramount in determining responsibility for the crash. Your attorney will conduct on-site visits to the accident scene, capturing photos and videos that provide valuable clues regarding the fault.

Eye Witness Reports: Eye witness accounts can significantly support your case. Your attorney will take the initiative to interview potential witnesses, gathering statements that strengthen the narrative of your claim.

Police Reports: Vital for lawyers, police reports provide detailed information about the crash’s location and conditions. Your attorney may also seek footage from traffic cameras to represent the events leading to the collision. By collaborating with your attorney and providing this crucial information promptly, you contribute to the comprehensive and effective preparation of your case.

Determine Fault and Know What to Do Next

Washington is an at-fault state, meaning that whoever is “at-fault” compensates for the injuries and damages that they have caused. But fault can also be shared among multiple drivers. For example, Driver A can be 40% responsible for the accident, and Driver B is 60% responsible. If Driver B suffered injuries from the accident, they can claim 40% from Driver A’s insurance company.

Your lawyer is pivotal in advising you on shared-fault rules in Washington and how your negligence might impact your case. Understanding your state’s statutes of limitations is crucial, and your attorney can file a lawsuit on your behalf. The statute of limitations -particularly for personal injury claims in Washington- is three years, starting from the accident date. However, the limitations can be extended if the party’s injury isn’t apparent.

How to Choose the Right Car Accident Attorney

When selecting a lawyer, conducting thorough research is pivotal to ensuring a favorable outcome for your case. Consider the following key factors:

Specialization

Assess the lawyer’s expertise by determining the types of cases they handle most frequently. Some auto accident lawyers may specialize in truck accidents or property crimes. Review their list of services to identify their core competencies and ensure alignment with your specific needs.

Professional Office

A lawyer with a well-established and staffed office can enhance the efficiency of your case. A legal team can adeptly investigate and gather crucial data, strengthening your position in legal proceedings.

Reputation

Investigate the lawyer’s reputation, not only among clients but also within the legal community. Contacting the Washington State Bar Association can unveil any disciplinary actions against the lawyer in question. Additionally, a lawyer receiving referrals from other attorneys signifies high trust and reliability, as other legal professionals are staking their reputations on the recommendation.

Communication Skills

Clear and effective communication is paramount. Assess whether the lawyer can explain complex legal options and information in an easily understandable way. While legal jargon may be impressive, a lawyer who can translate it into layperson terms demonstrates a commitment to ensuring their clients are well-informed throughout the legal process. Your ability to comprehend and engage with the information is crucial for making informed decisions about your case.

Consultation and Next Steps: Car Accident Attorney Advice

Hiring a lawyer after a car accident is crucial, especially when sustaining injuries after the crash. A lawyer plays a pivotal role in determining fault and optimizing compensation for your case. The key lies in identifying a reputable lawyer with reasonable contingency fees, enhancing the likelihood of favorable outcomes.

Avoid navigating the legal terrain solo. Let us consult for you for free and help you understand the options available for your unique case. Our experienced team will help you evaluate your case and work towards achieving the best possible resolution.

Note & Kid | Consultations

Did you understand that hydrogen fuel cars are already on the streets of many primary world countries? General Motors and Ford already launched hydrogen fuel cars and trucks and presently, BMW has actually produced a series of the exact same type of automobile. General Motors already has actually thirteen hydrogen fuel cars wandering the streets of Washington, including 6 minivans.

Ford is still in the process of producing ‘Focus’. Other automobile manufacturers specifically Honda, Toyota, DaimlerChrysler, and Nissan currently have automobiles in the Army and even with the public.

With the introducing of hydrogen fuel vehicles, many vehicle owners no longer need to stress over gas mileage. If you want to save money now, yet you can’t manage the hydrogen fuel cars, have your existing automobile transformed. Of course, it can cost a little but the advantages are priceless.

By 2025, General Motors will introduce alternative hydrogen fuel vehicles. The cars and trucks utilize alternative hydrogen fuel, the price is simply like that of internal combustion cars. GM and Shell are now partners; the latter has developed stations for hydrogen fuel to fulfill the need for the alternative fuel. The two giant companies forecasted that for each 200, 000 hydrogen fuel cars and trucks, 300 stations are required.

If you walk the streets of Europe, you will barely notice that there are some hydrogen fuel buses going down their streets. DaimlerChrysler introduced the said buses in 2020. You can discover the buses in Barcelona, Amsterdam, London, Hamburg, Madrid, Luxemburg, Reykjavik, Porto, Stuttgart, and Stockholm. The buses operate well regardless of the weather.

In truth, the buses provide outstanding transportation during hot summers and cold winter seasons; as well as in the sloping areas and flatlands. You can find hydrogen stations in the 7 significant cities of Europe and each station is geared up with the essential devices like the electrolysis tools. Water is used to produce the fuel for the stations. This business manufactures stations, hydrogen compressors, and other gas compressors:

• hydrogen fuel station supplier
• pdc process gas compressors
• hydrogen fuel station information

An ethanol fuel cars and truck can likewise use hydrogen fuel cells. If you utilize this option, you can enhance gas mileage and at the same time provide the cells with the required hydrogen.

If you desire a tidy and plentiful energy source, select hydrogen fuel automobiles. As long as you have a water source, you can utilize it to power your hydrogen automobile.

Something’s for sure, hydrogen fuel vehicles do exist. Some individuals are still unaware of this fact but in the coming years, these automobiles will control the streets. Here’s good news to everyone, if you want to attend to the global warming problem, have your vehicles converted if it is feasible.

If you can find a hydrogen station, inspect your region. This is a very important choice that you have to make, so be sure that you will have no remorses. So far, users of hydrogen fuel vehicles do not have any remorse and with the advanced innovation of today, improvements are on their way. Look out for the vehicles of the future.

CRM, eller Customer Relationship Management, är en viktig strategi och process för att hantera kundrelationer på ett effektivt sätt. Genom att använda rätt CRM-system kan företag optimera sin försäljning och öka sin kundnöjdhet.

Det finns flera ledande CRM-verktyg på marknaden. Pipedrive är ett av de mest populära CRM-systemen som erbjuder en rad funktioner för att organisera kontakter, spåra affärsmöjligheter och analysera försäljningsdata. Genom att använda Pipedrive kan företag effektivisera sin säljprocess och öka sina intäkter.

Ett annat välkänt CRM-verktyg är Salesforce, som är känt för sin omfattande funktionalitet för hantering av leads, kontakter och affärsmöjligheter. Med Salesforce kan företag skapa anpassade arbetsflöden och automatisera sina säljprocesser för bättre resultat.

Andra populära CRM-verktyg är HubSpot, Zoho CRM och Microsoft Dynamics 365.

HubSpot erbjuder en kombination av CRM-, marknadsförings- och försäljningsfunktioner för att hjälpa företag att växa och engagera sina kunder.

Zoho CRM är ett mångsidigt verktyg som passar både små och stora företag med sina funktioner för leads, kontakter och affärsmöjligheter.

Microsoft Dynamics 365 är en integrerad plattform som kombinerar CRM och ERP-funktionalitet för att hantera alla aspekter av kundrelationer och verksamhetsprocesser.

För att jobba effektivt med CRM är det viktigt att ha en tydlig strategi. Definiera dina mål för CRM-processen, oavsett om det handlar om att öka antalet leads, förbättra konverteringsfrekvensen eller öka kundnöjdheten. Genom att ha klara mål kan du skapa en mer fokuserad och effektiv strategi.

En annan viktig aspekt är att samla in relevant data om dina kunder. Ju mer information du har om dina kunder, desto bättre kan du anpassa din kommunikation och erbjuda skräddarsydda lösningar. CRM-verktyg som Pipedrive gör det lätt att spåra och organisera all kundinformation på ett strukturerat sätt.

För att optimera din CRM-process är det också viktigt att integrera ditt CRM-system med andra relevanta verktyg. Till exempel kan du integrera ditt CRM med din e-postmarknadsföringsplattform för att automatisera processen och skapa mer effektiva kampanjer. Genom att koppla samman olika verktyg kan du spara tid och resurser samtidigt som du förbättrar din försäljning.

För att få bästa möjliga resultat i din CRM-process, överväg att anlita experthjälp för bästa resultat. Här finner du en certifierad svensk Pipedrive-partner som kan hjälpa dig att impelemtera ett skräddarsytt Pipedrive för just ditt företa.

Sammanfattningsvis är CRM en viktig strategi och process för företag som vill hantera sina kundrelationer på ett effektivt sätt. Genom att använda rätt CRM-system, som Pipedrive, Salesforce och andra ledande CRM-verktyg, samt genom att ha en tydlig strategi, kan företag optimera sin försäljning och öka sin kundnöjdhet.