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You are here: Home / 2019 / Archives for November 2019

Archives for November 2019

Drinkables Are The New Edibles. Where, When And How Can You Get Them?

November 29, 2019 by Asif Nazeer Leave a Comment


There’s an influx of new cannabis-infused drinks, so here’s everything you need to know about them all.


November
29, 2019

8 min read


This story originally appeared on Weedmaps

Why do consumers love drinkable cannabis? Let us count the ways. It’s discreet, it requires no special equipment, it tastes good, and it’s a familiar and safe delivery system. 

Weed-infused drinks make up one of the fastest-growing segments of the cannabis market. It’s a sprawling category that includes tinctures to mix with cocktails; non-alcoholic alternatives to wine, beer, or champagne; wellness beverages that can lull you to sleep or take the place of aspirin or ibuprofen after a strenuous game of hoops or tennis; and sparkling sodas that are as appealing to millennials as they are to baby boomers who aren’t comfortable lighting up.

Here are answers to some common questions about cannabis tonics.

RELATED: Hilary McCain Gives A ‘Sweet Reason’ To Try Her CBD-Infused, All-Natural Sparkling Waters

Why Are There So Many Drinkables?

Bottoms up! Straddling the lines among intoxicating drinks, wellness shots, and liquid medicine, drinkable cannabis is taking off. According to BDS Analytics, which tracks cannabis trends, there were 88 beverage brands on the market in mid-2019; that’s 19 more than during the same time period in 2018. In 2018, beverages made up 6 percent of the total edibles market in the United States. That percentage is rising steadily and BDS predicts that by 2022 canna-beverages, including THC and cannabidiol (CBD) products sold in dispensaries and non-THC drinks sold in supermarkets, drugstores, convenience stores, and the like could be a $1 billion market.

A lot of familiar names are behind this boom. Mike Tyson has launched Dwiink, a line of CBD-enhanced water and fruit-flavored beverages whose name is a playful wink to his trademark lisp. Big booze distributors are investing heavily in weedy drinks: Heineken-owned Lagunitas offers Hi-Fi Hops, a pair of nonalcoholic, zero-calorie beverages that come in two dosages, 10 milligrams THC, or 5 milligrams each of THC and CBD per bottle. 

Constellation Brands, which owns Corona beer, Robert Mondavi wine, and Svedka vodka, is investing billions in Canopy Growth, a mega Canadian cannabis producer that’s creating nonalcoholic cannabis-infused drinks. Molson Coors is partnering with Canada’s Hydropothecary Corp. on a similar venture.

Meanwhile, the maker of Arizona Iced Tea has signed a licensing agreement with Dixie Brands to manufacture and distribute canna-drinks under the Arizona label.

Other companies are expanding into the drinks space, such as Weller, a manufacturer of functional snacks. The Boulder, Colorado, company in 2019 launched a line of CBD-infused sparkling water flavors it calls W+ and a CBD drink mix.

W+ is a line of fruit-flavored, BD-enriched sparkling water from Colorado-based Weller, a maker of functional snacks.

Image credit: Courtesy of Weller

RELATED: 3 Cheers For The Rising Stars Of Cannabis

Why Did Cannabis Drinks Take So Long To Hit The Market?

Developing a beverage infused with CBD or THC is a lot more complicated than mixing gin with tonic. For one thing, cannabinoids are hydrophobic — meaning they repel water. Drop cannabinoids into water and they’ll float to the surface rather than dispersing evenly.

It’s taken cannabis chemists a lot of hit-or-miss experiments to overcome this hurdle. SōRSE, a Seattle-based beverage-tech company, is one of the innovators in the field, developing a method to convert cannabis oils into a water-soluble emulsion that has no cannabis taste or smell and that disperses uniformly throughout liquid. The technology is proprietary and Michael Flemmens, SōRSE’s vice president of science, will say only that the company uses food-grade components that have already been approved by the Food and Drug Administration (FDA) as GRAS, or generally recognized as safe.

The company uses the ingredients to produce THC and CBD-infused products that include Happy Apple, a sparkling, cannabis-infused apple beverage; Utopia, fruit-flavored sparkling water with 10 to 100 milligrams of THC per 12-ounce bottle; and Vertus, an alcohol-free sparkling bubbly that’s meant to be an alternative to sparkling wine or Champagne, and which comes in dosages of 50 or 100 milligrams of THC.

Will Drinkable Weed Trigger Paranoia?

Predictability is one of the advantages well-formulated THC-infused beverages have over edibles, said Niccolo Aieta, Ph.D., founder and Chief Technology Officer for Spherex, a Denver-based company that develops cannabis concentrates and whose products include Phyx, a sparkling water brand with microdoses of THC and CBD.

“Cannabis drinks are fast-acting, taking effect within minutes as opposed to several hours with edibles,” he said. “That allows users to better control their experience and gives them an overall better experience.”  The Phyx website advises users that, on average, they’ll feel the drink’s effects in 10 minutes, with the buzz hanging around for about an hour. 

With 2.5 milligrams of CBD and 2.5 milligrams of THC, “Phyx is the equivalent of a nice glass of white wine,” Aieta said. “It’s a slight elevation of your daily mood, good for unwinding, relaxing and socializing with friends. For people who are canna-curious, it’s a great way to explore and experiment.” 

Flemmens strikes a similar note. “Our biggest seller is Happy Apple with 10 milligrams THC,” he said. “We suggest that inexperienced cannabis users try it on a Saturday night at home, not a Friday night at a party. Drink half the bottle, put it in the fridge and wait half an hour. If you like the experience, you have two choices. You can stay where you are or go for the rest of the bottle.”

The woman-owned and -operated Humboldt Apothecary takes an herbalist’s approach to cannabis by formulating tinctures with medicinal herbs to work in concert with the full-spectrum cannabis. The blends of botanical ingredients with cannabinoids not only aid a more rapid onset, according to the company, but also help to achieve certain effects: a peppermint formula for relief of congestion, passionflower and lavender for sleeping, or gingko and rosemary for a brain boost. Humboldt Apothecary suggests using a couple of drops in a mocktail, much the way you might add bitters to a traditional cocktail. 

As for CBD drinks, Scott Van Rixel, CEO of Bhang, which makes a line that includes Wellness Beet Shots with 25 milligrams of hemp-derived CBD, thinks of these as wellness, not recreational, products.

Humboldt Apothecary makes botanically infused tinctures using full-spectrum cannabis. Its Deep Sleep formula contains passionflower and lavender.

Image credit: Courtesy of Humboldt Apothecary

“They’re making accessible the benefits of a plant that used to be a part of people’s lives on a daily basis,” said Van Rixel, who noted those benefits include relaxation, better sleep, relief from irritability, or inflammation. Van Rixel suggested that consumers might want to think of CBD beverages the way they do energy drinks: Find the dose — a single shot in the morning or several throughout the day — that works best for them.

RELATED: What Millennials Want In Weed

Where Can You Buy These Products?

That’s complicated. Very complicated. Regulations are an ever-changing mess, with state and federal rules sometimes contradicting each other. The FDA published a statement that noted the agency is aware that products on the market are adding CBD to foods or labeling CBD as a dietary supplement. However, the agency advised that, “Under federal law, it is currently illegal to market CBD this way.”

Consumers can start with a product’s website for “where to buy” info. Some drinks are being tested in one or two cannabis-friendly markets, such as Colorado or Washington, or in Canada, where cannabis is legal nationwide.  Dispensaries in states where marijuana is legal also are carrying an ever-expanding selection of beverages with THC and CBD. 

Many CBD drinks can be shipped to all 50 states. Thanks to the passage of the 2018 Farm Bill, some states allow beverages with hemp-derived CBD to be sold in groceries. For example,  Queen City Hemp CBD Seltzer, which was launched in 2017 and was the first CBD seltzer in the U.S., is sold at retailers in 26 states, including several conservative states such as Alabama, Texas, and Georgia. However, the sparkling beverage cannot be sold in cannabis-friendly California because of complex state regulations.

Queen City’s founder, Nic Balzer, who’s part of the U.S. Hemp Roundtable, echoed the views of others in the canna-beverage biz when he said, “There are a lot of regulatory challenges and we’re hopeful that the FDA will make a ruling soon that will clarify these laws.”

To stay up to date on the latest marijuana-related news make sure to like Weedmaps on Facebook



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Filed Under: Entrepreneur

Make Your Website ADA Compliant with accessiBe – Business

November 28, 2019 by Asif Nazeer Leave a Comment


Image by Andrzej Rembowski from Pixabay 

Are you familiar with the Americans with Disabilities Act, usually referred to as the ADA?

If you answered that question with a “no,” then the chances are good your website doesn’t comply with its standards.

And that’s bad.
Really bad.

Enter accessiBe

Image Source: accessiBe

People are getting sued left and right—and are losing—because their sites aren’t ADA compliant. Considering the fact that settling these types of lawsuits can cost between $50,000 and $75,000, you probably don’t want to experience an ADA-related lawsuit.

That’s why we need to talk about accessiBe, an AI-powered web accessibility platform that will make your website easily accessible for persons with disabilities.

The platform can help you comply fully with the ADA and the Web Content Accessibility Guidelines (WCAG) 2.1.

This is because accessiBe’s AI technology helps you maintain around-the-clock compliance even if your site goes through daily updates. What’s more, when you’re installing it, you won’t need to do manual coding.

1. Comply with ADA Requirements with accessiBe’s Background Application

accessiBe involves two components, the foreground and background applications. They work hand-in-hand to make your website compliant and accessible.

The platform’s background application is essential to making your website compliant because it handles around 70% of the requirements plus the more complex guidelines stated in the ADA and WCAG.

Here’s how some
of the background application features work.

Keyboard Navigation

Once keyboard users land on your website and hit the Tab button, a popup will show options for navigation. For example, you will see options such as Adjust Website to Keyboard Navigation and Screen Reader, Open the Accessibility Adjustment Interface, and the Quick Navigation pane.

Be ADA compliant with accessiBe

With the quick navigation menu, keyboard users can skip through sections and pages to navigate without going through your entire website. For example, they can search for any page directly.

After users
select a navigation option, accessiBe then sets off an accessible mode and
immediately applies all the necessary code changes that make your website fully
accessible using the keyboard.

With these features, your website users who have disabilities can access your site fully and effectively using only the keyboard, while making your website compliant at the same time. 

Screen Reader

Once you have accessiBe installed, it will then use its AI technology to scan and analyze your website elements, forms, structure, and so on. This makes your site compatible with screen readers. 

First, accessiBe’s AI will give accurate image alt tags for the screen readers of your blind and visually impaired users using IRIS and Optical Character Recognition technologies.

If you’re already using alt tags for SEO (which you should), don’t worry; accessiBe won’t delete your existing tags.

RELATED ARTICLE: A GOOD SEO CAMPAIGN NEEDS GREAT ON-PAGE OPTIMIZATION

Second, when users enable the screen reader adjustment, they’ll be able to read the content properly due to accessiBe’s AI technology that gives ARIA attributes to the site’s content.

For example, the code will automatically modify the HTML link tag to, let’s say, your Facebook icon by adding an ARIA label to it.

This will then allow the screen reader to read out “Link Facebook,” instead of just “Link.” This provides meaningful context for your blind users.

With accessiBe’s AI-powered background apps, you won’t need to manually code in these features to make your website ADA compliant.

Users can simply enable these features. Then, accessiBe’s AI will analyze your website and make the necessary adjustments for your users who have disabilities. This makes their experience on your site more seamless and effective.

2. Answer the WCAG 2.1 Requirements with the Accessibility Adjustments

Aside from complying with the ADA, accessiBe will also make your website compliant with WCAG 2.1. It is important to note that this can help you avoid potential lawsuits.

Plus, you won’t need to change your website’s design to make it compliant. This is because accessiBe will do the work for you.  

Here are some of
the accessibility interface features that will make your website compliant and
accessible to people with different disabilities. 

Built-in Dictionary

People who have suffered brain strokes, those with cognitive impairments, and the elderly might have difficulty understanding slang or specific expressions and phrases. These impediments can hinder them from using your website effectively.  

However, accessiBe enhances their experience on your website with the built-in dictionary. This feature instantly gives full descriptions of slang or abbreviations. Thus, your users won’t need to go to external sites.

Be ADA compliant with accessiBe

For instance, if users want to search for the meaning of the word “gobble” displayed on your website, they can just search for the definition using the built-in dictionary.

This makes it
easy for your users to understand your content and go through your website
effortlessly.

Color and Display Adjustments

Users who have visual impairments such as cataracts, glaucoma, and color blindness might not fully enjoy your website. For example, they might not be able to detect buttons because of the color, or they may experience headaches because of contrasting elements.

However, accessiBe provides a solution to these issues by allowing people with visual impairments to make adjustments to your website based on their needs.

With these accessibility adjustments, users can choose options like Monochrome, Invert Colors, High Contrast, and more. Additionally, they can even adjust text and title colors to shades that are visible to them.

Content Accessibility

Aside from adjusting colors, accessiBe also lets your users modify the content elements of your website. For example, they can remove or add spacing between letters, rows, and words. Plus, they can even change the font according to their preferences and disability.

Additionally, users who have epilepsy can personalize their accessibility on your website by enabling the Stop Animations button to disable elements. For example, they can disable flashing images, animations, or GIFs that might trigger seizures.

All of these accessibility adjustment features will improve the experience and functionality of your website for your users who have disabilities. Moreover, they also help make your site compliant with the requirements stated in the ADA and WCAG.

As a result, your website will be compliant. Therefore, there would be no reason for you to get sued for web accessibility-related lawsuits.

3. Install the Platform on Your Website

With all of the
features and benefits that accessiBe has to offer, you would think that the
installation process must be complex and time-consuming.

However, installing accessiBe is pretty straightforward. Just follow these simple steps.

  • Create your account. Once you sign up, accessiBe will offer a seven-day free trial for each of your new websites. You can use that time to explore the platform to see if it fits your needs.
  • Add your websites. After signing up, you can then add your sites to accessiBe.
  • Choose an installation method. accessiBe
    offers two primary installation methods. The quick and basic installation works
    by copying the installation script and pasting it to your website system.

Alternatively, the advanced and customized installation lets you set functions and elements of your accessibility interface. This will allow you to get a custom script.

Be ADA compliant with accessiBE

Also, you can refer to the installation guides for different platforms such as WordPress and other systems, even custom ones.

After
installation, it will take 48 hours for your website to be fully accessible and
ADA and WCAG compliant.

Thereafter, accessiBe will help you maintain website compliance and avoid lawsuits by scanning and analyzing your site every 24 hours.

This means that if you update your website, the platform’s AI technology will automatically adjust the accessibility of your site’s elements, forms, structure, and more. This will keep your site ADA and WCAG compliant.

Protect Your Website from ADA-Related Lawsuits

It can take thousands of dollars to settle ADA-related lawsuits.

However, subscribing to accessiBe, using the platform, and making your website fully compliant only costs $490 yearly.

As you become fully compliant, you will avoid lawsuits. Plus, you’ll enhance the experience of your web visitors who have disabilities, establishing your brand as a company that cares.



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Filed Under: Biz Opportunities

Starting a Home-Based Business May Your Best Idea Ever – Ideas

November 27, 2019 by Asif Nazeer Leave a Comment


Featured image by velkol on Yay Images

Who said starting a business must come with the challenges of finding and renting commercial real estate, commuting from home to the office, and managing lots of employees? We live in the era of the rise of home-based businesses. Therefore, all these problems can be out of the question if you choose to have it be that way. Moreover, as data shows, 50% of US businesses are home-based businesses.

In today’s digitized world, people can stay connected no matter where in the world they are. So take advantage of all this flexibility and start your business right in the comfort of your own home. Still not convinced that starting a home-based business is more advantageous? Keep reading to see why starting a home-based business may be the best idea you ever had.

Image from phovoir on Yay Images

You’ll Have a Flexible Work/Life Balance with a Home-Based
Business

The most obvious advantage of starting a home-based business is that you will be in charge of your work/life balance. You will be the CEO of your business, after all. There will be no one else to tell you how much you should work and what tasks to complete. Simply put, you will be your own boss.

Keeping a balance between your work and the rest of your life can be really difficult when you have a nine-to-five job. You may be compelled to work after working hours, for example. Plus, you spend a lot of time commuting. Also, even when you are feeling sick, you can’t just simply decide that you are not going to work.

Well, this won’t be the case if you run your own home-based business. You will be in charge of your schedule and activity and you will work from the comfort of your home. So you will never have to worry that you might have to leave your kids alone when they are feeling sick or that you must spend hours in traffic to get to work.

RELATED ARTICLE: THE ESSENTIALS OF RUNNING A SUCCESSFUL HOME-BASED BUSINESS

There Will Be Opportunities for Professional Growth

Working in a team has been proven to be one of the most efficient ways to learn. However, when you are your own boss, you will get the chance to wear a lot of hats. This is because the success of your home-based business will depend solely on you. On the other hand, all of this diverse experience will contribute to your professional growth.

Who will be the sales director of your business? Who will promote it on social media and in the offline world? And who will take the role of the business development manager?

Most probably, that would be you completing all these tasks for your home-based business’s growth. It might sound overwhelming. But, in fact, it provides you with opportunities to gain insights into and experience with all the aspects of running a business.

You’ll Save Money with a Home-Based Business—and Lots of It

Starting a business at home requires by far the lowest initial investment of any business. Moreover, you will have fewer costs as your business grows and thrives. Additionally, a home-based business comes with many perks, including freedom, independence, convenience, and more. However, the most important advantage is your opportunity to save a lot of money.

First of all, you won’t have office expenses, since you won’t have to pay rent on a commercial space, nor will you need to include any improvements or repairs to your home or utility bills in your business expenses. Plus, you will also probably save on dry cleaning.

You will, however, need to purchase supplies and equipment for your home-based business, even though these will likely be minimal expenses. Also, until your business starts providing profit, you might need to dip into your savings for a while.

On the other hand, many home-based business expenses are tax-deductible, including tax preparation fees, software purchased to use for your business, or transportation costs used for business purposes.

Also, you can also save money on insurance. For example, if you have a home-based business and you only have a few business-related visitors, and your business is valued at less than $10,000, you don’t usually need separate business insurance. Instead, just do an online search for “where can I get insurance for my house in Florida?” for example. Then your home insurance provider can help you with your insurance needs.

It’s an Opportunity to Give Your Talents a Try

Does your home-based business idea spring from one of your passions or hobbies that you would love to turn it into a money-generating outlet? But have well-meaning friends and relatives told you that you’ll need a large amount of capital to start your business?

Well, they’re just plain wrong. Don’t let anyone talk you out of your dream, because you don’t need a lot of money to start your business, especially if you start your business at home.

So go ahead and give your home-based business idea a try. Tell those well-meaning relatives and friends that your home-based business will incur fewer risks, especially financial risks. For example, you won’t have to pay rent for commercial real estate, and you also don’t have to hire employees, at least at first.

RELATED ARTICLE: HOW TO TURN YOUR HOBBY INTO A PROFITABLE BUSINESS

Scale Your Home-Based Business up or Down Whenever You Want

When you start your business in a rented commercial property instead of starting out as a home-based business, the size of your business is fixed to the size of the space you operate in. This probably won’t be a problem if your business runs at the same rhythm for a long time.

But what if things go wrong and you must downsize due to a lack of financial resources? If you are signed to a long-term lease, this can lead to a series of complications and challenges.

Moreover, what if your business goes so well that you must scale it up? How will you manage to adapt it to the space you have already rented? This will be another challenge to deal with.

On the other hand, running your business from home can make things a lot easier. If you ever decide to down-size your business because things aren’t going well, you can simply close your business’s website and that’s it. But if you decide to scale up, it will be easy to look for a commercial property that is suitable for the size of your business.

Enjoy Increased Productivity

Since you won’t have to stress about such challenges as having to pay rent, managing employees, or commuting, you will be able to focus more on your tasks. Working from home can actually increase your overall productivity because you will be working from the comfort of your home. Best of all, you’ll have an easier time balancing your work with the rest of your life.

A Final Word

Starting a home-based business will give you more freedom and flexibility. Plus, it can help you save money. Moreover, you will be in charge of your schedule and budget. This means your business growth will happen at your own pace.

Browse our blog for more inspirational ideas for entrepreneurs and owners of small businesses.



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Filed Under: Biz Opportunities

Streamlining Business Processes for Success – Business

November 26, 2019 by Asif Nazeer Leave a Comment


Business processes, or the way that you accomplish tasks and build relationships within your company, can be split into two categories: formal and informal.

Formal business processes, also known as procedures, are processes that have documented steps toward completion that are expected to be followed by employees. For instance, you might have a certain procedure for submitting invoices.

On the other hand, informal business processes are undocumented and created based on the way an individual prefers to work. For example, an informal business process could be steps you follow when communicating with leads, carrying out meetings or performing market research. 

All business processes serve the same purpose – to streamline the way you work. The more you’ve tested and optimized the process, the fewer errors and delays your business experiences. Staff and customers will be more satisfied and you can avoid having to repeat work. Poorly defined processes can lead to numerous problems, including employee frustration, increased costs, wasted time and unhappy customers.

So, what can you do to streamline your processes and ensure that you’re getting the most out of every hour that goes into growing your business? Here are 5 simple steps to streamlining your business processes.

Visualize the Process

After identifying a process that requires improvement, use visual aids to document each step involved in carrying out that process. You can do this with a flowchart or swim lane diagram. By visualizing and exploring each step, you can determine where to make improvements. Be sure to consider any potential sub-steps for every decision point along the process. This will help you avoid the omission of potentially important steps in your process

Analyze the Process

Take the time to look closely at each step. Are there any bottlenecks? Which steps result in customer or employee frustration? Which steps take the most time to complete? Where do expenses increase? Whatever the problem is, trace the problem to its origins. If it involves employees or customers, speak to the relevant people and ask for suggestions on making improvements. 

FEATURED CONTENT: HOW TO BECOME A BUSINESS ANALYTICS EXPERT

Formulate Solutions

When your analysis reveals problems in your business process, the next step is to formulate solutions to such problems. One way to formulate a solution is to redesign the process to eliminate the problems you identified. Seek input from those involved in the process. Then, use impact and risk analysis to determine the viability of the solutions that were provided. The more tests you carry out, the better you’ll understand the full outcome of each proposed idea. 

Implement Change

Identifying changes to the process is just the beginning of streamlining your work. You must implement changes carefully, with everyone who utilizes the process involved.  For instance, you may have to download new software or train some team members. This is a project in itself, so it’s important to properly plan and manage the task.

Review

Solutions are seldom 100% successful from the get-go. So, don’t forget to review and analyze the outcome of the changes you implemented after the fact. This will help you identify and fix problems as they arise. 

These steps can be applied to just about any aspect of your business processes. The more areas you improve, the faster your business can reach its goals.



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Filed Under: Biz Opportunities

Set up an Internet Business in Just 5 Steps – Business Ideas

November 26, 2019 by Asif Nazeer Leave a Comment


Photo by Austin Distel on Unsplash

For Internet business ventures, you don’t need as many resources and capital as you’d need for a traditional business. Whether you just want to start up a website or you want to make your own cryptocurrency, the risks are low, and the rewards significantly high.

In short, the Internet has completely changed the world of business and entrepreneurship, redefining success and multiplying the paths to profitability.

If you believe in the power of the Internet to generate success, we present you with the best online business advice. Whether you want to provide services like writing a dissertation for someone or providing high-end solutions to companies, the steps to success with an Internet business are the same.

5 Easy Steps to Start an Internet Business

Maybe you just want to supplement your income. Or perhaps you want full financial independence. Either way, the Internet provides you with the freedom to test your ambitions. If you want to build Internet business opportunities for yourself and make money online, these are the first steps you should follow.

1. Find a Niche for Your Internet Business

The worldwide web is huge. Therefore, the first piece of advice for starting an Internet business is to choose your niche wisely. Which activities or markets interest you? The niche you choose for your business will determine its profile. Moreover, it will have a massive influence on its success or failure.

For a reasonable chance of success, choose a market that has already proven profitable by attracting large numbers of customers willing to spend good money. Selecting a lucrative niche that intersects with your own interests and preferences is one of the first keys to success with an Internet business.

2. Consult with Professionals

Before you get to work, you may feel tempted to ask for advice, information, or feedback from others. While this is a valid desire, don’t consult with friends or family when it comes to Internet business ideas, unless they have solid experience in your chosen market. Instead, consult with professionals who have achieved the success you aspire to. Finding professionals and getting inspired by them is an infallible way to grow.

Additionally, consulting with people in your niche will reveal your competitors in the sphere of Internet business you have chosen. This is important, because, even as a beginner, you need to know who is dominating your market. Then use this information to discover more about the inner workings of your industry.

So seek professionals to learn from. And if they won’t provide consultation or advice, study what they’re doing and learn to replicate their success. Don’t copy them, but let yourself be inspired by their breakthroughs.

Consult with professionals

3. Research Your Market

Research means more than a quick Google search. If you’re willing to invest time and money to build Internet business success, you must conduct extensive research of your market until you know it inside out.

You need to understand exactly who your potential customers are. Moreover, you need to understand your competitors, too. Additionally, you should know what the average rates are for the various services you plan to provide, and so on.

For example, let’s say you want to build a custom writing business on the Internet to serve the UK market. Your potential customers are asking themselves “Who could do my dissertation in the UK?” Your service must be the first they come across.

In other words, before proving yourself by writing a dissertation for a client, you must become visible to people who need your services. You’ll do this by understanding how potential customers think. Researching your specific market is thus crucial.

RELATED ARTICLE: HOW TO FIND SEARCH PHRASES FOR YOUR SEO

4. Start a Website

The most common-sense Internet business advice is to make sure your business truly has a presence online. Many companies fail to realize the importance of having an intuitive, user-friendly, and informative website where they present their services. Your website gives customers the first impression of your Internet business, so you must invest in it accordingly.

Even with the rapid advance of social media, you still need to start up a website to serve as the Internet headquarters of your growing online business. If done correctly, the website can establish you as a professional and respectable brand. The best thing is that setting up a website takes minimal time and budget if you follow these tips:

  • Choose a catchy and
    easy-to-remember domain name and register it.
  • Use the popular and user-friendly
    WordPress platform to host your site.
  • Invest in a good WordPress template
    or hire an affordable graphic designer.
  • You can also choose a free
    professional-looking theme and add the necessary plugins for your type of
    business.
  • Ensure user navigation is easy and
    straightforward.

Make sure the website for your Internet business includes important keywords so potential customers can easily find you with a quick online search.  Returning to the example above, when you’re growing a custom writing business, if someone types in “write my dissertation for me” or “do my dissertation” online, your website must come up in the first results and catch the person’s attention.

Focus on marketing

5. Focus on Marketing

Since the Internet forms such a massive landscape,
even if your business is in a highly lucrative niche, people need to find you
to spend money on your services. Online, this is harder than it seems if you
don’t have a good marketing strategy.

For healthy business performance, you need to invest seriously in promoting your Internet business venture. The most convenient way to promote your new business is to rely on popular social media platforms like Facebook, Pinterest, Instagram, or LinkedIn, depending on your business’s profile. This will attract traffic to your website and increase brand recognition.

Starting an Internet Business Takes Smart Planning

Starting an Internet business is easy, considering the abundance of resources, tools, and free advice that floods the Web. However, it still takes a good strategy and a good amount of work to achieve success. Choose your niche and make yourself visible on the market, and you will open the doors to your entrepreneurial dreams.



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A Quick Guide – Online Businesses

November 23, 2019 by Asif Nazeer Leave a Comment


Photo by Muhammad Raufan Yusup on Unsplash

The Internet is everywhere, they say. Yet it can be hard to pinpoint the right Internet Service Provider (ISP) to assist you in your journey. Whether you’re looking for a new ISP for your business or you just want a good connection for your home, there is so much to sift through.

For example, there are complicated contract details, service delivery
channels, unending bundle choices, and availability. What’s more, there is
always lots and lots of fine print—and you might still choose the wrong one!

RELATED ARTICLE: 10 BENEFITS OF USING VOIP TECHNOLOGY FOR BUSINESS

So go through the following guide to make this a little less of a hassle.

Determine the Right
Speed

Understanding what bandwidth or Internet speed means should be your first concern. Once that is clear it will be easier for you to choose the service that best satisfies your Internet needs.

Bandwidth is the maximum speed with which you can transfer data to and from the Internet and your device. It is usually expressed in megabits per second, or Mbps. The more you rely on data-intensive activities or the greater the number of devices you have over the same connection, the greater the bandwidth you are going to need.

The following table will assist you in determining the right speed for your personal or professional use.

What Internet Service Providers Operate in Your Area?

The first stage in selecting an Internet service provider is to find out which providers offer services in your area. This is because:

1. Not every company is operational in every region.

Service areas are different from company to company, so your options are restricted to providers that offer network in your area.

2. Rates, Internet speeds, special packages, and line-ups of products often differ according to area. 

Always check if an offer is applicable in your area before you decide on a provider. In addition, keep in mind that most distributors have variable pricing in different areas.

Once you have sorted the Internet speed you need, you can search for “Internet providers in my area” to get the best deals and offers available where you live or have your business.

If you live in an urban area, you’ll have the luxury of choosing between cable, satellite, or fiber optic providers. However, rural subscribers generally have only satellite service available to them.

Choosing the Right Internet Channel

Cable service providers generally provide the fastest, more affordable, and most reliable Internet speeds. The Internet speeds you can get from a phone company via digital subscriber lines (DSL) are a less expensive but slower alternative.

Satellite Internet is available practically everywhere. However, this is the slowest of them all. Fiber optic offers the highest speeds, but this isn’t a common channel and it can be more expensive than cable Internet.

You’ll need to choose the available option that best suits your needs in terms of consistent target bandwidth.

Finding a Company That Suits You Best

Now you need to choose from among the various packages and deals that are available to you. As we mentioned earlier, your choices can vary considerably, based on your location. Additionally, here are a couple of other important considerations before you decide on your ISP:

Promotions

You will often see offers to attract first-time customers. For example, a provider might offer the first year of broadband service at $20 per month instead of $40. While you can find good rates among these offers, just make sure that at the end of the contract period you are prepared to either pay extra or terminate your service.

Bundles

Most cable providers sell bundled packages of telephone, Internet, and TV services in various combinations. When subscribing for these bulk options, think carefully. Remember that these companies also seek to upsell their services. In other words, they will try to get you to purchase more products from them than you originally intended.

For instance, the representative might ask if you need a home phone. Or they might question your intention to get by on an Internet connection to stream television. Wouldn’t it make more sense, they might argue, to purchase a complete cable package with three services bundled?

And, indeed, it might. Bundling services can make good sense in certain cases. Just remember to consider your investment and returns before making a decision.

A Final Word

Overall, be careful about the upsell. Know exactly what you need when you place your subscription, and don’t be enticed to purchase more until you’ve done sufficient research.

Last but not least, don’t forget to negotiate with the service provider. They usually have a little wiggle room in the packages on offer. A little effort might save you a lot in the long run.

For more information about technologies available for your business, be sure to check out our blog.



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Small Businesses Can Learn More About Opportunities in IoT at this Event

November 23, 2019 by Asif Nazeer Leave a Comment


The U.S. smart home market is set to reach $53.45 billion by 2022. And for the vast majority of the installations and maintenance, small businesses will be providing the service.

According to McKinsey, the smart connected home industry is set to grow at an annual rate (AGR) of 31%. With smoke detectors growing at a whopping 250% AGR.

The IoT Forum on Smart Home is going to provide a venue to bring together buyers, sellers, tech scouts and technology companies. The goal is to examine the development of the industry moving forward as more of the world we live in becomes smarter.

But the home is where the industry is making gains as the IoT (Internet of Things) continues to grow. Smoke detectors, security systems, appliances and thermostats are just some of the devices which are now smarter.

The forum will have interactive discussions with industry experts as well as demonstrations of innovative products and services.

The event will take place in Sunnyvale, California. on December 12, 2019.

Click the red button and register now.

Register Now





Upcoming Events

  • 4th Annual Blockchain Opportunity Summit 2019
    December 10, 2019, New York, NY
  • Pitch Deck Summit
    December 11, 2019, Austin, Texas
  • IoT Forum on Smart Home
    December 12, 2019, Sunnyvale, Calif.
  • Millionaire Mastermind Entrepreneur Summit
    December 16, 2019, Atlanta, Ga.
  • Chief Data And Analytics Officers, Financial Services
    February 04, 2020, New York, NY
  • The Responsible Business Summit New York 2020
    March 16, 2020, Brooklyn, NY
  • National Small Business Week
    May 03, 2020, Online

More Contests

This weekly listing of small business events, contests and awards is provided as a community service by Small Business Trends.

You can see a full list of events, contest and award listings or post your own events by visiting the Small Business Events Calendar.

Image: Depositphotos.com




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Filed Under: Strategy

Develop Your Business While You’re in College – Business for Beginners

November 22, 2019 by Asif Nazeer Leave a Comment


Image by Tumisu from Pixabay 

A new generation of students has a wide variety of opportunities in front of them. For example, previous generations frequently saw attending a university as a privilege. However, today’s students see college as a tool. They easily initiate discussions with professors, seek unconventional ways of doing things, and add more creativity and critical thinking to the learning process.

Being a college student is no longer their sole occupation. They can easily be busy with running their own businesses while attending lectures and submitting their academic assignments. In fact, starting a business in college is even more effective because students can immediately apply the knowledge they receive at school and see it applied in practice.

Do You Already Have a Startup on Your Resume?

Many college students now have their own startups mentioned in their resumes. However, others are still hesitant about starting their own thing. However, university years are a great time to study and try each opportunity that comes along. To this end, here are several useful tips you can use to launch your business while studying at university:

Identify Your Best Niche

Finding your niche and filling it with high-quality product or service is your key to success. An in-depth understanding of what you can do to help your customers satisfy their needs comes with knowledge and experience.

However, sometimes the best ideas come unexpectedly. Still others require careful planning and thinking. Whatever your path is, give it a thought even while you’re still in college, because it really matters for your venture’s success.

Design a World-Class Business Plan

During your college years, you have enough time to make a mistake and start over. This is your greatest advantage. It gives you a wonderful opportunity to produce a brilliant business plan.

A well-thought-out business plan is one of several critical steps to starting a business. This document, where you analyze each detail carefully, is very helpful in minimizing mistakes. Once you have it on paper, ask your peers what they think. Ask them what they would add as customers to make your idea more customer-oriented.

You may think, “This is not that easy. I’d better have someone do my assignment.” However, nobody feels your idea the way you feel it. Nobody is passionate about making it work the way you are.

Therefore, take advantage of this opportunity while you’re young. Make up your mind now regarding your role in business and draft the best plan ever—while you’re still in college.

Educate Yourself

Your college years provide you with lots of opportunities to get ideas about how to start a successful business. While you’re in college, you are most likely to meet people with good business ideas who can contribute to your vision.

Moreover, they can help you with those business aspects you know little about. You can also attend courses and extracurricular activities that can help you understand better what you should focus on.

Additionally, choose
your courses critically. Decide what information can really be helpful to you
along your way to success. Spend your college years on the things that you find
useful for your business model.

Photo by Naassom Azevedo on Unsplash

Network with Bright Minds While in College

While you are a college student, you have a chance to communicate with the brightest minds. They are your peers, professors, and visiting guests who often come to give lectures. Use this opportunity to get a better idea of how the business world functions.

Additionally, try to make the most of each interaction and each conversation you have. Sometimes invaluable experience or advice can be subtle. So develop the awareness that will allow you to seize it.

Search for Funding During Your College Years

Money is always a problem when it comes to a business venture. Especially when you’re attending college, it can be difficult to save enough to invest in your idea. Therefore, you have to look for people willing to invest in your business.

RELATED ARTICLE: MAKE THE MOST OF YOUR SMALL BUSINESS—EVEN ON A LIMITED BUDGET

During your time at the university, keep abreast of the recent trends in fundraising and crowdfunding. Also, search for sponsors who really believe in your success. This is the time when your passion for making a difference can really help you fulfill your dreams.

Learn to Break Bad News

If you really want your business to succeed, you need to develop your skills. One of the abilities that is very helpful in running a business is learning to say “no.”

if your friends invite you to a party when you have lots of things to do, it is okay to say “no.” If somebody wants to partner with you, but you have doubts about this idea, it is okay to say “no.” In the future, you will need this skill to break bad news to your employees and colleagues, so learn to practice it now.

Make the Most of Your College Years

Running a business is a complex undertaking that requires you to be alert all day every day. However, starting it while you are in college is easier than it would be later.

While you are a college
student, you have access to people, courses, and materials that can direct you
to the best solutions. You can find your niche, develop a perfect business
plan, and network with those who can help you get the money you need to start.
Most importantly, you have time and knowledge combined with a passion for
driving changes. Seize this opportunity and make the most of your university
experience.

About the Author

Jeff Blaylock is a freelance writer who focuses on topics related to business, finance, and entrepreneurship. He often engages in independent journalistic research to shed light on the opportunities that students have while in college. In this post, he analyzes the benefits of starting a business while studying at university.

To read more inspiring articles for beginning entrepreneurs, visit our blog often.



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Filed Under: Biz Opportunities

A New Business Venture in a New Industry – Startup

November 20, 2019 by Asif Nazeer Leave a Comment


The Farm Bill of 2018 made it federally legal to farm industrial hemp in the United States. Since then, the CBD Gummy business has been booming. The CBD industry has grown exponentially and new products are popping up everywhere. This lucrative market is expected to continue growing into the foreseeable future. So, if you want to take advantage, then now is the time to get started.

But getting started can get a little complicated. Laws regarding the sale and production of CBD vary by state. Banks may hesitate to provide financing for your startup costs. In addition, issues surrounding the quality of your CBD product must be solved and marketed with integrity. 

Photo by Michael Fischer from Pexels

In order to build a reputable brand, you must ensure that you are selling only the best, highest quality products, such as Verma Farms CBD Gummies. Verma Farms is a stand-out company that uses certified organic, non-GMO, domestically grown hemp. A third-party lab certifies the purity and potency of their product. Like them, your new CBD gummy company’s reputation requires that you deal with suppliers that have the highest standards in the industry.

Learn The Legalities Of Your State

Even though CBD products are legal on a national level, states are still allowed to create their own laws and regulations concerning manufacture and sale. In order to get started, you need to understand the laws in your state and how to work with them. Many states welcome the new CBD market with open arms. However, in some states, hemp farming and hemp products are still highly restricted. In others, CBD is only legal with a prescription which means very strict standards about who can sell CBD and exactly what they sell. Do your research or hire an attorney to help you navigate the complicated system that will likely continue to evolve.

CBD Gummy Business Plan

Once you have a grasp on legal matters, a business plan is essential. You need to have a plan for how you will stand out in a sea of competitors, as well as how you will manage your business in a rapidly changing environment. This is especially true if you need financing to get up and running. Banks are reluctant to work with companies in this new market. Having a solid business plan will help you get your foot in the door.

Find a Bank

Some CBD businesses are bootstrapping their up-front capital. Still, this business does require a significant up-front investment. Insurance and permitting can be expensive. Consider hiring an attorney to help you approach a financial institution. Finding a lender can be challenging, but a search online can help you get an idea of which ones may be willing to work with you.

Payment processing is also an issue, as many banks will not work with companies generating their income from CBD. Also, credit card companies are constantly changing and shifting their policies regarding transactions related to hemp products. You must verify that the bank handling your money is open to working with your type of business.

Find CBD Suppliers

As mentioned earlier, you want to make sure you are only doing business with the most reputable companies in the field. Ideally, your CBD gummy suppliers will use extracts from hemp grown in the United States where regulations are strict and controlled. This ensures that you do not end up selling products that have additives, solvents, or other dangerous ingredients.

Because the regulation of CBD products varies, there is room for all kinds of inconsistencies to flood the market. Ensure that your suppliers are transparent with their practices. The best suppliers have their products tested by a third-party lab and share test results with consumers. It is essential to make sure that you are selling products free of harmful materials and consistent in potency and purity.

Establish Your CBD Gummy Brand

Whether you are selling your CBD gummy products in a store or online, brand recognition is how your customers will recognize you. Do some research on what is already out there and find a way to make your company stand out. 

Decide on your target audience. Who you intend to market to will drastically affect every branding choice that comes after. Do you want to market to athletes? According to the website, Entrepreneur, they are leading the conversation about the use of CBD in order to treat injuries and pain. Or maybe you want to market to seniors. This is another rapidly-growing consumer market because of the potential health benefits CBD has to offer an aging population. 

RELATED CONTENT: EVERYTHING YOU NEED TO KNOW ABOUT MARKETING A CBD BRAND

When you figure out who you would like to market to you can start thinking about how you will brand yourself. Your company name, appearance, and culture all depend on who you want your message to reach. 

Get Yourself Out There

Most likely, your primary method of reaching customers will be through online shopping. This poses a bit of a challenge because there are thousands of CBD companies flooding the internet. In addition, social media outlets have very strict rules about paid advertising for hemp products.  Therefore, a marketing plan that gets you to show up in organic searches is essential. 

Get other websites to link to your site. Post regularly on your company’s blog. Get customers to review your products and write testimonials. Make your website appealing, inviting, and easy to use. 

Final Thoughts

This is an exciting time to start a CBD gummy business. Doing it right is the key. You need to know the laws and make sure you are setting your standards high.



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Filed Under: Biz Opportunities

Year-To-Date Cannabis Investment Activity Up 40 Percent Over 2018, But It’s Slowing

November 20, 2019 by Asif Nazeer Leave a Comment


Are marijuana stocks still all the rage, or are they starting to level out as we head into 2020?


November
20, 2019

3 min read


This story originally appeared on MJBizDaily

Cannabis industry capital investment in 2019 hit $10.4 billion through Week 40 — a 40 percent increase over 2018 — but the previously hot investment activity has cooled in recent months and is now running at what one analyst called a more “normal” pace of growth.

This comparison of public and private capital investments from 2017 to 2019 — along with other new marijuana industry data and analysis — is available in the November update to the 2019 Marijuana Business Factbook.

While total capital raised is up 460 percent ($8.5 billion) from 2017 to 2019, recent activity has slowed: The total capital raised from 2018 to 2019 increased by only 40 percent ($2.9 billion).

RELATED: Is Cannabis A Better Investment Than Cryptocurrency?

By comparison, capital raises through Week 40 were up 300 percent ($5.6 billion) from 2017 to 2018.

During September 2019, the number of raises was up over the same month in 2018, but the average size and total capital raised were down year-over-year.

The slowed investment comes along with recent layoffs across various sectors of the cannabis industry — including 20-25 percent workforce reductions by the Hexo Corp., Pax Labs and Weedmaps.

But analysts say slowed investment isn’t unexpected after a period of rapid growth.

RELATED: Amateur Investors Are Bullish About Cannabis. That Has The Pros A Little Worried

“Current conditions are closer to normal; the prior year or two of almost unlimited capital to burn without showing profits was abnormal,” said Craig Behnke, equity analyst for MJBizDaily’s Investor Intelligence.

Behnke noted that many cannabis companies, even those that have raised significant amounts of capital, have yet to produce earnings or cash flow.

Rather than raising cause for concern, the slowdown is a natural part of the investment cycle.

“Investors being more judicious and pressing companies to focus on profitability is actually a sign of a healthy, rational capital market,” he said.

And the competition for resources forces companies to run more efficiently, as evidenced by the layoffs.

Another factor playing a role in the investment slowdown is the type of investors entering the space.

As marijuana investment has become more mainstream, traditional investors have increasingly brought their money to the table.

With traditional players come traditional expectations — those that rely on tangible results.

RELATED: Podcast: Cannabis Investing Tips For Non-Millionaires

Here’s what else you need to know about cannabis investment:

  • From 2018 to 2019, the number of year-to-date capital raises during the first 40 weeks increased 6 percent, from 459 to 487.
  • Through Week 40 in 2019, the average size of a capital raise was $21.3 million, up 31 percent over 2018’s average raise of $16.2 million.
  • Cultivation and retail have been the driving sectors behind marijuana capital raises and mergers and acquisitions throughout 2019.

To stay up to date on the latest marijuana-related news make sure to like Marijuana Business Daily on Facebook



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