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Wednesday, 10 February 2016
Generating Residual Income! Generating Residual Income Is It the Best Way to Accumulate Real Wealth?
I am not a political person, nor am I going to make this article a rant about my political affiliation, but I was listening the Bernie Sanders a few minutes ago. He said that since in early 1990's when NAFTA was created we have lost 60,000 American factories to places like Mexico and Vietnam where the labor is much cheaper. I believe the minimum wage in Vietnam is sixty-five cents and hour. How can we possibly compete with that? We require a job that pays at least $15.00 per hour in order to survive.
The only way we will survive in America is with the possibility of generating residual income. So many people do not know what residual income really is. There are two aspects of residual income that are sooo good. One is that once you work for it, it pays you over and over again. Generating residual income is based on our efforts, not our time. If you put a lot of effort into it when you first start a business then you will not have to put as much into it later.
It will even pay your children and your children' children. I would love to know that my grandkids have a secure future in an economy that seems to be failing more and more every day. Their future is not nearly as secure as my future was when I graduated from high school. There were plenty of high paying jobs then. Now they are virtually gone and when you find one you will want to hold on to it because it is precious as gold.
An income that pays you over and over again for you efforts is just one good thing about generating a residual income. The second thing that is so good about it is it allows you to leverage other people's talents. That's called the compound effect. Once you start compounding your efforts with other people's efforts, your business can grow very quickly and keep growing exponentially.
The problem with generating residual income is that it can be a difficult thing to learn. We are taught to generate employee income. That is just about the worst possible way to earn a living. Generating residual income is a much better way to make money but it can be a difficult transition from employee income to residual income. You will need someone to come along side of you and coach you through the first six to eight months. That is the best way to make generating a residual income viable for you. You will need someone that is trained and has done this before.
SAP Business One ERP Provider
India is fast becoming a manufacturing hub for the companies across the world. Hundreds of SMEs are getting started to cater to needs of ever increasing population. When an SME starts and spreads its presence across various regions, it has to organize itself into various departments to serve the increasing customer base.The emergence of the internet as a primary medium of reaching the buyers, suppliers and customers have altered the way the business is done. SAP Business One is a global leader in ERP for SMEs. ERP stands for enterprise resource planning and is a software application which manages the entire enterprise as a whole.
In earlier days every department has its own application to manage the day to day business. The accounting department has its own software, marketing department had it own application, and finance department had its own application. These applications were not able to communicate with each other and if the management wanted to see the enterprise-wide picture of the business, it was very difficult to do so as each software will take it own time to generate the reports. As these reports are from different department so aggregating them to give the clear organization-wide picture took, even more, time.
This is where SAP business one helps the fast-growing SMEs. This application does two important things; first it automates every department and second it integrates the entire department into a single application. After implementation of SAP, each department gets it own software module to run the business function successfully.
Vestrics is the Best SAP Business Partner in India. We have best experience in implementing SAP across many industries. The industries we have catered to are Retail, Manufacturing, Transport, and Logistics, & Pharmaceutical and Life Sciences.
Once you have opted to implement SAP with us you can be rest assured that each module will be implemented as per the requirement. You financial management will be completely automated and it will automate the accounting and financial processes. Your will be able to make more profitable decisions with comprehensive financial management tools.
As an SAP ERP Provider we ensure that you get a complete service and if you have to enhance the service of the application beyond the boundaries of the organization we'll help your e-commerce portal integrate with SAP so that your buyers, suppliers, customers can access the website from anywhere.
Office Workstation
Furnishings and layout are an integral stage of any project and plays an authoritative role in functioning of that respective space. This article focuses on office workstation, their application; design concepts and detailing. Office spaces must have an environment that should accommodate a large number of people working on their jobs for more than 8 hours a day. The office spaces require furniture for the person to work i.e. an office desk and chair. The most basic design requirement is that the desk must be big enough to lodge a PC/laptop and its accessories, top and/or storage space to keep all the paperwork, and the surrounding circulation space.
The context for office workstations required to be modular in nature which gives the unit flexibility of being versatile in use. They can be categorized into wall-based, dock-based, beam-based, storage-based and group-based. The basic design criteria behind is that the user must be physically comfortable and be able to sit and work for long hours. The spine of the user must be in comfort and the legs should be free to use the foot rest whenever exhaustion is felt. Therefore, functionality, design, aesthetics and adjustability factor are key features to any office workstations.
The office furniture involves various sorts of categories according to the user. Modular furniture designs offer many design solutions for the same. The following points would briefly describe about the above statement:
Workstation for Staff
The workstations here are of prominent importance and utilization. The requirement for an ideal workstation design and arrangement is to accommodate maximum users without compromising any other spatial needs. This can be worked by varied layouts and shapes. Modular furnishings here offer wide ranging products in multiple material and colour range.
Workstation for Single Person
In this scenario, the furniture is used by a single person in addition to extra seating used by the people who would come in for meeting with that person. This includes a desk with pc space, storage cabinets which are part of the unit.
The size and height of partition relate to users as well as architecture. The partition must be high enough to be able to provide required privacy as well as be efficiency in needed communication between 2 persons. These stations can be explained in the pattern of their design specifications listed as follows:
The I-Shaped Stations
This layout is a simple desk chair arrangement and can be placed in versatile places. Being one directional, they can be faced against a wall or another unit itself.
The Cross Stations
This layout comprises of 4 L-shaped units of desk and chair in a Greek/Roman cross formation. This unit further can be arranged into different geometrical layout like in linear, staggered, or random formations.
The Discussion Stations
These stations are specifically used where there is no need for separate workstations. The design offices involving fields like graphic designing, animation, architecture and other creative fields find a great use for these kinds of arrangement. This enhances the process of group activity and team involvement. The arrangement is usually a large/long table with more than 3 chairs/stools to sit around.
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