September 2022 - Page 9 of 9 - BOLLYWOOD SURKHIYAN

Easy to Get Small Business Loans: 6 Tips for Applying for Funding for Your Company

Small business funding, unfortunately, isn’t easy to get for most people – especially if you don’t already have good credit. Typically, it requires a lot of legwork to get business loan. For some start-ups, owners often have to resort to getting a personal line of credit and using that to find the business. Easy to get small business loans really do exist, just as long as you prepare everything properly and look in the right place.

Here are a few tips to increase your chances of finding and obtaining a small business loan:

1. Get your personal credit report cleaned up. This is something that lenders will want to see. If you have poor credit, take the time to get it straightened out. You might even want to use credit repair services.

2. Create the best business plan possible. Consider this to be your “sales pitch” to funders. If you want as much money as possible from a lender, you can’t be secretive. You must specify exactly why you need the money, how much you need, and what it will be used for.

3. Keep everything as organized as possible. A wide range of documents may be required, including tax returns, annual revenue, and bank statements. Know which documents a potential lender will require from you ahead of time.

More Tips for Easy to Get Small Business Loans

4. Determine the best type of lender. There are many types of organizations that offer easy to get small business loans, including banks, online lenders, non-profit micro-lenders, “angel investors”, credit card companies, and more. Use a bank when you already have good credit and can provide collateral. Use online lenders if you lack collateral and need the funding as quickly as possible. A micro-lender might be ideal when you have a company that is so small that it doesn’t qualify for traditional funding.

5. How long have you been in business? If your company is under one-year old, you’ll have difficulty If you have a start-up, consider solutions such as personal loans, angel investors, or even online crowd-funding if you can come up with an innovative marketing message.

6. Find out how much the payments will be and make sure you will absolutely be able to pay them. Different lenders have different terms and different interest rates. You might be required to pay just one time a month or two times a month.

If you need a fast business loan, US Business Funding is a great place to start your search. This site has been featured in publications such as Forbes, Business Insider, CNN Money, and other such organizations. US Business Funding reviews are primarily positive.

Hurricane Irma Gave Us a Bull Market

The great 1983 Eddie Murphy/Dan Aykroyd film Trading Places features two duffers pulling off a massive commodity futures scam. It was orange juice futures. They made a fortune by betting on the orange crop in Florida.

Thanks to Hurricane Irma carving a path of destruction through Florida, you can do the same thing today.

After Brazil, Florida is the world’s second-largest producer of oranges.

The orange juice industry is in a massive decline. Sales fell 14% – about a $98 million fall from 2012 to 2016. Some food exchange-traded funds that once held futures no longer use them as an investment.

It doesn’t help that we now know that it is bad for you. It has the nutritional value of soda.

Business Insider called orange juice the “biggest con of your life.” That’s important, as the U.S. is the world’s largest consumer by many times, over and above any other country on earth. We consumed over 630,000 metric tons of the drink last year.

Irma’s Impact

Frozen orange juice futures tanked over the past year. After peaking in October 2016 at $225, the JPMorgan Orange Juice Price Index fell 44% to a low of $125 in July 2017.

The price jumped 21% in two weeks as Hurricane Irma grew and took aim at Florida.

The Florida orange crop looked particularly strong this year. Shannon Shepp, the executive director of the Florida Department of Citrus, wrote:

Before Hurricane Irma, there was a good chance we would have more than 75 million boxes of oranges on the trees this season. We now have much less.

To put that in perspective, last year’s crop, the worst since 2005, was about 77.9 million boxes. That crop sold for $800 million. In Florida, 90% of the oranges become juice.

This year, the orange crop looks like it will be the lowest in 50 years. As you can imagine, that pushed the price of futures up.

Sadly, unless you trade commodities, regular investors struggle to get in on this position. One way is the Elements Agriculture Total Return ETN (NYSE: RJA). It holds 1.8% of its assets in orange juice futures.

That’s about the best way I found to trade what could be a nice winner in orange juice. That’s typical with these trends. Sometimes, it’s hard to find a way to profit from them, even when you find a great opportunity.

Running Man: From Cracking Jokes While Playing Games

When it comes to South Korean reality-variety shows, many can take the cake. But, one show that is one of the most popular as the good Sunday series is the ‘Running man.’ Without any doubt, this quirky, adventurous, comedy-rich, and competitive variety show with hosts and guests is quite an entertainer.

About Running Man

For those who are not familiar with the show, here is a little introduction. This show is aired on SBS as part of the Good Sunday lineup. Urban works media and SangSang company produce it. The format of the game is like any reality game show. Here the team of MCs and a guest go to nay urban location and take part in multiple line-ups of missions. Winning each mission takes the participant one step closer to winning the race.

The show is being aired since 2010 and since then has aired 554 episodes. The show is shot in various locations like Macau, UK, Russia, China, Vietnam, UAE, Australia, etc., along with South Korea.

There are several MCs of the show, Yoo Jae-suk being the main MC, runs the show along with other big names like Lee Kwang Soo, Jee Seok-Jin, Song Ji-Hyo, etc. The show has also received a place in the business insider’s list in the year 2016.

Why is Running Man so Much Fun?

When it comes to a reality-variety show, there is always a time when the impact is lost on the audience. But, this show has maintained its impact, and people live to watch it to date. Why? Well, the biggest reason is the cast. Their continuous banter, their jokes, and pranks on each other make the show an ultimate fun ride.

Also, people love the betrayer trio of Ji Suk Jin, HaHa, and Lee Kwang Soo. They are always out there pulling pranks and bullying each other, making the show a laugh riot. The games are always fun to watch as well. Ripping name tag is the game that makes everyone be part of it. This iteration of hide-and-seek is one of the best things in the show. The new locations and new guests make the show much more entertaining.

Some Fun Facts

Kim jong kook from the entire cast is the only one who is fluent in English.
Initially, it was designed to make the game ‘all-men’s to make it competitive. But later, Song Ji-Hyo became part of the game and gave the guys an equal competition.
Ripping the name tag is the most popular part of the game. But not many know that the name tags are quite expensive, costing up to 75 dollars each.
Most of the cast member shows their real personalities in the show, in a slightly exaggerated way.
Earlier, the show was designed to be competitive. But later, it was turned into a more competitive and comedic format.
From the very beginning, Lee Kwang Soo is the most bullied character in the game.
After South Korean running man, China to have their running man show, by the name of ‘Hurry Up Brother.’

Running man is one of the most popular reality-variety shows from South Korea with a big Hallyu fan following. The show is also subbed in various languages like English, Thai, Vietnamese, Portuguese, Malay, Russian, Arabic, Turkish, etc.

How Artificial Intelligence Is Revolutionizing The E-Commerce Industry

With the help of AI i.e. Artifical Intelligence, the e-commerce industry can improve customer experience with personalization, targeting potential customers to increase sales, and recommending them products based on their purchase and browsing behavior.

According to an article published by Business Insider, early 85% of all customer interactions is going to be managed without human support by 2020. Considering this advancing trend, many e-commerce businesses have begun to use different forms of artificial intelligence technology for understanding their customers better, offering them the best user experience, and generating more sales and revenues.

In this article, we will discuss how artificial intelligence is revolutionizing the e-commerce industry:

1. A customer-centric approach

Often it happens that the customers, after browsing the e-commerce website for a while, abandon their search and leave the website. This generally happens when the customers are not able to find enough relevant product results. In such scenarios, AI can help a business with an intelligent solution.

By narrowing, conceptualizing, and finally improving the search results for online shoppers, AI can help the e-commerce business combat with the issue. By using machine learning, a sub-field of AI, websites, and apps can include visual search elements that see the world as customers do. It can help the business to design and develop a customer-centric experience by using advanced image and video recognition technologies.

This way, e-commerce businesses can make sure good customer retention rates.

2. Chatbot Experiences

Have you ever experienced the customer care services of a business? How do you feel when your call is on hold and you have to wait for countless minutes before you connect to the human agent? Annoyed, right? You might then try to reach the business via unlimited emails hoping for a revert, which generally takes a minimum of 48 hours. Such niggles result in bad user experience. Due to this, Human Powered Live Chat and Artificial chatbots are gaining momentum to advance client service.

chatbots are a computer program created to conduct conversations through auditory or textual methods to automate communication and create personalized customer experiences.

With the help of chatbots, the businesses can give the customers with literally 24×7 customer service along with personalized recommendations.

3. Identify the target audience

AI also makes the lead generation ability of e-commerce businesses easy. AI solutions for marketing, sales, and CRM can help the business in predictive marketing. AI helps the marketers meet the demands of the customer by providing real-time services and solutions over the queries. With AI, a business also gets forecasting capabilities by calculating customer purchases probability.

4.Conversational Platforms

AI provides conversational platforms such as Amazon Echo or Google Home that allows shoppers to carry on a task. With the help of Artificial Intelligence technologies like Natural Language Understanding, shoppers can speak to a robotic machine to receive answers to queries about items.

5. The Virtual Mirrors Experience

It is an engineered entity residing in software that connects with the connection to communicate with a human humanly. With the help of Artificial Intelligence, shoppers can virtually “try on” clothing to have an idea of what the clothing would seem like in various colors. For example, Lenskart offers real-time mirrors for the shoppers to try on different specs on-screen, giving them an idea of how they will look like those specs in real.

Therefore, Artificial Intelligence gives a benefit to e-commerce businesses to improve the user experience with virtual mirrors.

6. Gesture Recognition

Artificial Intelligence improves the shopping experience by translating specific gestures into commands such that the consumers can find the exact product they are looking for.

7. Improved recommendations for shoppers

With the help of Artificial Intelligence solutions, brands efficiently collect and scan huge amounts of results to predict customer behavior and give relevant and useful recommendations to all the shoppers. This way, Artificial Intelligence plays a crucial role in providing a “personalized shopping experience” for customers.

8. Quality Product Descriptions

It can be time-consuming and costly to prepare proper and SEO-friendly descriptions for all the items. Artificial Intelligence helps in combating such a time taking activity by scrutinizing chief features to design modified product descriptions and create quality product descriptions without human intelligence.

CONCLUSION

Artificial Intelligence and Machine Learning are providing shoppers with extraordinary user experiences. Today, the e-commerce business is booming and, more and more customers are adapting to this trend of online shopping. In such a golden scenario, Artificial Intelligence plays a really important role in perceiving the shoppers’ buying behavior for creating personalized experiences. If you have an e-commerce business, get in contact with the best E-Commerce Web Design Company Delhi provider at a competitive price. For competing with e-commerce giants like Amazon, businesses should adopt AI and inculcate Artificial Intelligence in their business processes as soon as possible.

What Is Net Neutrality and How It Can Affect Your Business

The subject of net neutrality has been the topic of many discussions on the U.S. forums and discussion boards since long now. To first understand why many businesses are so upset about the subject, you have to understand what net neutrality is.

What is net neutrality? According to an article in Business Insider, net neutrality prevents Internet providers from dictating the kinds of content users would be able to access online. Instead, Internet providers are required to treat all traffic sources equally. Why is this topic so controversial that the U.S. Court of Appeals had to weigh-in? Because Internet Service Providers (ISPs) like Verizon, AT&T, and Comcast want to charge for use of their networks. Meaning, these providers will have the ability to pick and choose what consumers see online and to then charge content providers.

The internet speed is basically a fixed sum game. If your competition can afford to pay to drive on the fast lane, then by default your small business gets put in the slow lane. The deeper the pockets of the company, the more competition they can speed past on the way to new customers. Right now many small bloggers and start up websites are afforded the exact same opportunity to reach an audience as the big corporations. However, it is important that you understand what net neutrality is and how it can affect you. When you boil it down, net neutrality means that all data is equally accessible via the Internet. This means that regardless of whether you are a small accounting firm or one of the big name international firms, you have equal access to placing information and accessing other information via the web. You must also factor in things like advertising and marketing budgets to get the word out, but in terms of accessibility, you’re on a level playing field with the big dogs. If net neutrality goes out the window, so does that equal accessibility. Some things to consider:

Paying More For Better Access:

No net neutrality means that Internet service providers (ISPs) will be able to create tiers of accessibility, meaning they can start demanding more money for better accessibility. Smaller businesses with tiny budgets won’t be able to compete for access with the larger companies who can afford to pay the new fees. It also means that there’s nothing to stop big companies or competitors from paying ISPs to slow access to other sites, thus effectively putting them out of business.

Limited Access to Content:

ISPs will be able to limit what you have access to base on their own corporate interests. From Business Insider: “For example, Comcast would probably like to promote NBC’s content over ABC’s to its Internet subscribers. That’s because Comcast and NBC are affiliated. But net neutrality prevents Comcast from being able to discriminate, and it must display both NBC’s and ABC’s content evenly as a result. That means no slower load time for ABC, and definitely no blocking of ABC altogether.” If net neutrality is gone, there’s nothing to prevent corporate discrimination like this, meaning your window shopping for vendors may be limited to just those on Rodeo Drive. Your favorite information sources may not be as fully available to you as they are now.

Limited Access For Potential Clients:

While the previous example explained how you would be limited in what you could access (potentially increasing costs for your business as your options dwindle), it works the other way as well. Prospects will now have a harder time finding you as well. Entrepreneur likens this to when you buy cable TV: “Instead of being able to sell to anyone with an internet connection… entrepreneurs would find their customers limited to those who paid for the ‘internet package’ that covers access to their particular website. It would be like your cable TV plan: The more you pay, the more channels you receive.” In essence, your clients may only be directed to window shop Rodeo Drive and not realize there are more efficient and equally effective options like you out there.

Slower Load Times:

So let’s say ISPs don’t altogether block access to those sites that aren’t part of their approved network. That doesn’t mean they won’t try to incentivize you to visit their preferred sites. They can do this by interrupting streaming or slowing load times on websites that don’t pay a premium. The speed and reliability of a site can make or break you. Admit it, you’ve just decided to leave a page when it took more than a couple of seconds to load. That impatience is universal and could affect traffic on your website. And if you wanted to engage in video marketing and stream on your website, you might be up the creek without a paddle (slowly, very slowly drifting).

Leveraging Video Marketing:

SMBs that depend on video (such as YouTube, Netflix, etc.) as part of their marketing strategy could be impacted if net neutrality is eliminated. For instance, if your company streams videos to homes across the country, or if you want customers to view your company’s product videos, then there’s a probability you might be affected. Similarly, if SMBs can’t afford to pay ISPs to share their content, their prospective customers may be unable to view the product videos and may not be enticed to purchase their products. Moreover, the investment on producing and optimizing the videos will result in a financial loss. The FCC decision, thus, could have an impact on your SMB and how you are able to access the internet in the future.

As a small business owner, it’s important to understand net neutrality. The decisions being made could possibly have an impact on your small business and how you are able to access the Internet in the future.