Category Archives: Business

Reduce Portfolio Risk With Asset Allocation

Investing in the stock market can be very profitable. It can also be very risky. Some stocks soar to new heights each day while others tumble down to new lows. Using asset allocation in your portfolio will help balance the extremes. Allowing your money to grow through any market cycle.

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Basics of Asset Allocation

At its simplest, asset allocation is a diversification strategy. It divides your portfolio’s investments into different, disconnected industries. The goal is to reduce the amount of risk to your portfolio. Should any single industry suddenly lose value, the hope is that the other industries in your portfolio would not be affected and would help balance the loss. There are several basic formulas for asset allocation. To determine the right balance for you, it can be helpful to consult professional financial services firms Charlotte.

Ideal Portfolio Allocation

Your ideal portfolio allocation will change as you grow older. Since stocks are a high-risk investment, you will want to decrease the percentage of your portfolio invested in stocks as you get closer to retirement.

Valuing Reallocation

The goal of allocation is to balance the losses in your portfolio with winning investments. Over time, these investments will change in value which may cause changes to your allocation percentages. Reallocation is used to reduce your risk from being overexposed to an overvalued category. Once a year you should evaluate if your portfolio is close to your desired allocation percentages. If it isn’t, sell those assets which have appreciated in value to purchase those which have decreased in value. This will ensure that you are selling high and buying low, maximizing your profits. 

One way to protect your retirement portfolio is through proper asset allocation. You will have the opportunity to reduce your overall risk while maximizing your profit potential. It’s an investment strategy that can serve you well through both bear and bull markets.

3 Great Tips to Improve the Curb Appeal of Your Business

Do you own a business? You probably know that the first impression your business property makes on a customer can make or break a potential sale. Here are three helpful tips to help you improve your business’ curb appeal and create a great impression on potential customers.

Image by Engin Akyurt from Pixabay

1. Enliven Your Landscaping

Customers take note of the condition of your property – impressive landscaping is sure to improve the overall appeal of your business. If you don’t have a landscaping company perform regular maintenance, consider hiring a professional service to spruce up the flowers and plants on your business property. Customers appreciate the little touches that set your business apart, so adding some beauty to your business is a great way to bring them through the doors.

2. Update Your Signage

Dynamic, interesting signage is the best way to update your business property’s curb appeal and make sure potential customers take notice. When shopping for business signage, there are so many options, from simple vinyl signs to elaborate lighted ones. You’ll need to be sure that your new sign complies with local codes. If you need help selecting and installing a new sign, consult with a professional sign installation Wayne NJ company to choose the right signage strategy for your business.

3. Refresh Your Paved Areas

Paved areas like driveways, parking lots and walkways are often a potential customer’s first point of contact with your business. Make sure the first impression is a good one by properly maintaining all hardscape surrounding your business. Hire a professional paving company to fill in any cracks or damage to paved areas to improve your business property’s appearance, and promote safety, as well.

You want your business property to make a great first impression on all those who come through your doors. By following these tips, you’ll improve the curb appeal of your business and create a welcoming environment for all your customers.

Importance of Quality Cleaning Services

Companies sometimes ask why they should take the time to research quality cleaning services for their buildings. Investing in high quality services for cleaning Minneapolis will yield dividends in reducing maintenance costs, improving output, and minimizing health insurance costs.

Protect Physical Plant Assets

A building contains many kinds of finishes in the floors, walls, and ceilings. These finishes need to be treated with the correct cleaning solutions. An incorrect choice of chemicals could lead to damage that requires hundreds of dollars to repair.

In addition, items that are cleaned properly have a longer useful life. Getting an extra year or two out of desks may make up for the extra expense of a good cleaning service. Some items, such as computers and HVAC units, are especially sensitive to dust.

It’s possible that a poor cleaning job could create hazards for which a company would be liable. Debris may cause visitors to trip. A forgotten stack of papers near a heater could catch fire.

Improve Employee Productivity

Clean, organized work settings make it easier for employees to concentrate on tasks. Employees will also take fewer sick days if the environment does not make them sick.

Investing in a good cleaning service conveys to employees the message that you value their presence in the company. Improved employee morale reduces expensive turnover.

Customers gain a first impression of your business through the condition of your building. Attractive spaces convey an image of professionalism and competence. As a result, it is easier to sell your services or product. 

Reduce Health Care Costs

A clean work environment produces less stress. The lower stress results in fewer health care bills for both physical and mental conditions.

Unsanitary environments harbor germs and attract pests. These issues also increase health costs. 

Cleaning a building may seem like a simple task to delegate to the lowest bidder. However, taking the time to investigate quality cleaning services will yield greater value to a company that seeks to improve its bottom line.