Advantage of Online Business Compared to Conversational Brick and Mortar Business | Online Business

For many centuries, people have been building family businesses such as financial institutions, manufacturing, constructions and etc. These businesses are brick and mortar model where one needs to physically build a business which you could feel and touch physically. But in the past one and half decade, people has been using virtual world via internet to build their business empire. Some examples are Google, Yahoo, Amazon and eBay which have become multi billions dollar companies. Online businesses have its own advantage which one should understand and consider. Advantage of online business could be a big factor which could contribute to the success of your business idea.Lower Cost To Start Up
One of the biggest issue in starting a traditional business even if it is a small company is the start up capital where you need to employ people, find a office space, fill it up with office furniture and many more expenses. However, in online business you could start an online business with almost no cost. All you need to start a simple online business such as affiliate marketing is knowledge about online business, a laptop and access to internet. As you grow, you could expand your set up, but relatively will be a much simpler process compared to setting up an office.Take Less Time To Start
Online business could be started within hours if you know what you going to do properly. It takes few hours to the website setting, and you could be doing you business. However, in traditional business, you could not start it in few hours as many other aspects need to be solved first such as office location, the office setting, utilities and etc. which could not be solved in few hours.Work At Your Own Time
An individual online business allows you to work at your own time and may be from your bedroom. This will give you the ability to work at the most productive individual person’s hours such as at night or evening. It does not require you to work from nine to five.Business Runs 24 Hours And Worldwide
Online business could run 24 hours a day and depending on you business model, it could harvest the entire world for sale. It does not require constant human intervention and could be 100% autopilot. If the setting is done properly, an owner of online business could just sit around waiting for the money to be transferred into his or her bank account.Higher Profit Margin
Since online business could eliminate many other costs, the business could give higher profit margin. And since it runs 24 hours and worldwide, it has a better potential to make more sales.The above are just few of the advantages of online business compared to regular business. This is a time for the twenty first century people to work and live on virtual world.

Veterinary Jobs – Salary and Other Benefits

Veterinarians treat the diseases, conditions and injuries of animals apart from immunizing animals against diseases and certifying animals to be slaughtered. Veterinarians also perform surgery, fix broken bones, recommend diet and exercise routines, and prescribe medicines for animals to ensure their well being and health. Inspection of meat products to be used as food also form part of their job function.Education and Training RequirementsStudents who wish to pursue the career of veterinarians must have at least two years of undergraduate training at a college or university for eligibility to apply admission to a veterinary college. Pre-veterinary study should include physical and biological sciences.There are twenty-eight schools of veterinary medicine in the United States, from where the students can earn the Doctor of Veterinary Medicine (D.V.M. or V.M.D.) degree. Before starting practice, the candidates must also pass the oral and written licensing examinations of their states.Job ScopeVeterinarians are employed in large numbers by farms, ranches, animal shelters and zoos. They handle the immunization and treatment of diseases of the animals. They also do home calls to treat domestic animals like cats, dogs, birds, fishes or horses and can be self employed. Apart from treating the diseases their services are also made use of in carrying out spaying and euthanasia of terminally ill animals.Veterinarians are employed by federal and state governments as meat and livestock inspectors who inspect the meat to be supplied to the armed forces and public to ensure its freshness and purity.Working ConditionsThe prospective veterinarians need to work at night; weekend or holidays and the work could be monotonous or strenuous in many cases including long hours at the surgery table. Private practitioners often work for over forty hours a week and their schedule involves traveling to far remote cattle farms and ranches.Salary and Other BenefitsThe median veterinary salary is around $66,590 per year and the future prospects are bright with lots of fresh opportunities coming up every year. Other benefits for salaried veterinarians include paid holidays and vacations, health insurance, and pension plans.Other Job OptionsVeterinarians are also hired by pharmaceutical companies for developing drugs and vaccines for animals, and for the federal government’s space programs. Universities employ veterinarians in and teaching faculty or research fellows involving studies like man animals disease transmission among others.

How You Can Transform Frequent Flyer Miles and Hotel Points They Earn Into Dream Trips of a Lifetime

The best free room I ever had? There have been many, but one that comes to mind is the six-night stay my family and I enjoyed at the Park Hyatt in Tokyo. Incredibly, there was no check-in desk. As we entered the hotel, we were ushered straight to our room on the 40th floor by elevator, where we walked through the elegant lobby marveling at the spectacular views over Tokyo. Only after we were situated in our room did a staff person visit us. We signed the necessary paperwork in about 2 minutes–all from the luxury and comfort of the desk in our own room.The amenities alone made our stay memorable. The huge bathroom greeted us with marble everywhere, while a giant tub invited us to sit, soak, and relax. Not only were the best shampoos, conditioners, and lotions provided each day, but also a new, top-of-the-line hairbrush and nailbrush. We lounged in complimentary silk kimonos and donned thick bathrobes after using the pool and spa–just a quick elevator ride away on the 52nd floor amid a dazzling 360-degree view of Tokyo.For all of this, we paid absolutely nothing, not even room tax. But, as we all know, there is no such thing as “free.” It actually took 21 paid nights at Hyatt Hotels, using a promotional offer, to earn enough hotel points for that five-night complimentary stay.But here is the key point: When you accrue hotel points or intend to use some promotion toward free nights, make the most of what they offer! Just as you would use those free nights you earn only at hotels which might otherwise be out of your budget, redeem your frequent flyer miles for the most expensive air tickets in business or first class.Research consistently shows that almost two-thirds of all redeemed frequent flyer miles are used for free coach class trips within the US or between the US and Canada. This statistic amazes me. Because these awards usually cost 25,000 frequent flyer miles, travelers who cash them in towards domestic leisure trips–for which airfares are unusually low in today’s competitive travel market–receive a poor return on their investment. The savvy traveler can reach almost any domestic destination today in coach class for under $400 using an advance purchase ticket. With low-cost airlines such as America West now offering first class cabins for travel anywhere in the US priced under $1,000 (and frequently matched by the major competing airlines), even premium class is more affordable than ever before. Why not wait until you have accrued 100,000 to 200,000 miles and splurge on one or two premium class tickets for travel abroad?You may argue that you want to use your frequent flyer miles quickly–before the airlines go out of business. Critics across the board are heralding the demise of all major airlines, and with it the frequent flyer mile programs savvy travelers have come to love–and hate! Countless “travel authorities” wax lyrical in newspapers and journals, and “knowledgeable” pundits on radio and TV continue to warn travelers to use up their miles quickly before they are all worthless. How utterly ridiculous….With the exception of US Airways, which I believe will disappear from the landscape in the next few months, the majors are here to stay for the time being–so continue to accumulate frequent flyer miles and be ready to book your dream trip one day in the not-too-distant future. Will airline miles be devalued in the future? Of course they will–and so will the greenbacks in your pocket and mutual fund account, but that hasn’t stopped you going out and earning dollars each workday, has it? Get real now–the major airlines will need their frequent flyer programs for many years into the future, not only as a way to communicate with their customers, but also as a source of revenue from the thousands of businesses (banks, mutual funds, restaurants, long distance phone companies–how do we count the ways?) that offer frequent flier miles as rewards to their loyal customers. Your hotel points are even more secure, not least since the major hotel chains have not hemorrhaged money in the same manner as the major airlines. So keep earning those Hilton, Marriott, Hyatt, and Starwood loyalty points to enjoy the kind of stay I describe in the opening story.It’s really the exotic destinations–from Tahiti to Paris, Antigua to Rio de Janeiro–that should excite you, the sophisticated world traveler who lusts for the unique, the unusual, the spectacular experiences. Start imagining–and planning–the fabulous trips that will take you to a whole new level of exhilaration. Decide which portion of paradise has the highest priority on your wish list–and figure out the amount of miles you’ll need for one or two or more business or first class tickets to transform your dreams into reality. Then begin working on strategies to start racking up the miles as fast as possible to accelerate your quest toward mileage nirvana.And bon voyage!

Business Process Services (BPS) in South Africa, a Brave New World

To some Business Process Services may sound like yet another convoluted and ostentatious label applied by self-important people who may not otherwise be defined due to lack of substance, product or identity. Quite the contrary.Business Process Services or Outsourcing, when it delivers, has the potential to genuinely lower administrative and operating costs, more quickly provide new services, improve customer satisfaction, and enhance focus on core business activities. Very simply, these are the people that allow business people to focus on their core business whilst the likes of human resources, finance, accounting, contact centres. Document Management Services, Healthcare are taken care of by outsourcing to a third partyWithout getting bogged down in detail, it’s sufficient to say that there are many divisions of BPS: there’s the back-office, like human resources; front-office, like call centres, there’s offshore and onshore BPS and even further breakdowns including IT based ITES-BPO (Information Technology Enabled Service) and LPO – legal process outsourcing.Looking at the big picture: the global industry is said to be growing by 40% per annum. India is the world’s biggest player in the industry with revenue of US$10.9 billion from offshore BPS. It has a 6% share of the BPS industry in general but a 63% share of offshore BPS. On the other hand the South African call centre industry has grown by approximately 8% per year since 2003 and it directly employs about 54 000 people, contributing 0.92% to South Africa’s gross domestic product. Dwarf size compared to India but the potential is huge.The South African Government’s upscaled Industrial Policy Action Plan (IPAP 2) has identified Business Process Services (BPS) as a key sector for investment attraction and job creation. The South African Government implemented a BPS or Business Process Outsourcing and Offshoring (BPO&O) incentive programme from July 2007. It is claimed that during the period July 2007 to March 2010, the incentive resulted in the creation of at least 6 000 new jobs and attracted R303 million in direct investment.Since then, after negotiation with the private sector a further proposition has been made with the Monyetla Work-Readiness Programme, a dedicated investor friendly set-up process, and a programme to improve industry service standards, in order to position South Africa as a preferred location for BPS operations.Monyetla, which means ‘opportunities’, was launched in 2008 by the Business Trust, the Department of Trade and Industry (dti) and BPeSA as a pilot project to provide the unemployed youth of South Africa with employment through the BPO industry. The pilot project was a success story, over 1,000 learners registered. Due to its success the second phase was launched in July 2010, with 3,400 learners joining. Further phases continue to date. To become a certified employer of choice on the project there are two criteria: Take on a minimum of 60 learners; and offer employment to 70% of them upon their successful completion of the programme. For every six learners employed, one team leader must be trained. So there’s a very specific outcome pursued here.BPS leaders BPeSA, Western Cape CEO Gareth Pritchard is reported to have said “With South Africa rapidly growing as a BPO provider both locally and abroad, it is imperative that we build our employee base, allowing South Africa to move from a reactive talent development strategy to a proactive one,” In the last decade, SA has built up a reputation as a world-class customer service destination that is able to deliver results for a number of the UK’s biggest brands, including ASDA, Virgin Mobile and TalkTalk.South Africa has also attracted many top international call-centre outsourcers, including Aegis BPO, Fusion, Genpact, Stream, Sykes and Teleperformance, as well as IBM and Deloitte, which provide a variety of services in English, Dutch and Flemish for customers worldwide. Most recently, the Economics spokesman at the SA High Commission in London, Yusuf Timol, forecasted that there would be huge opportunities looming for capturing India-based BPO work in 2012 and beyond.To emphasise whether South Africa has a future in this industry Frost & Sullivan’s business unit leader, ICT Africa, Birgitta Cederstrom says “Africa is increasingly popular as a preferred destination of contact centres; South Africa specifically has been a natural choice for contact centres due to its large and articulate English-speaking population and service-oriented business culture. Another strength is its expanding broadband connectivity, thus ensuring that the latest unified communications and collaboration tools will run efficiently.”During Trade and Industry Minister Rob Davies’s Budget Vote in the National Council of Provinces (NCOP) in Parliament he said “To date, 23 applications for the BPS incentive scheme have been approved, potentially leveraging R4.1 billion worth of investment and 15 149 jobs over three years,”"Close to 3 400 young trainees were trained under the second phase of the Monyetla Work-Readiness Programme, 70 per cent of whom were placed directly into employment.” said DaviesThis brings us to ‘where’. A couple of years ago South Africa’s Call Centre Nucleus group was fully acquired by Aegis, India’s business process outsourcing arm of the diversified Essar group. The company purchased CCN as part of its strategy to invest R500 million in the next three years and create 5000 jobs in South Africa. Currently they are situated in two locations: Woodmead and Sunninghill, both in Johannesburg. The total seating capacity of over 1,300 seats.Interactive Intelligence Group Inc. (Nasdaq: ININ) is a global provider of contact centre automation, unified communications, and business process automation software and services. Interactive Intelligence has more than 4,000 customers worldwide. In other words, a major player in the BPS world. Interactive Intelligence is about to occupy one of ATIO’s buildings in down town Johannesburg, which will now function as its regional headquarters serving all of Africa.Amazon, America’s largest online retailer, has expanded its customer service operations into Cape Town, claiming to have created 600 jobs in its first two years of operation and an additional 400 seasonal jobs during holiday season.A R125-million, 1 500-seat call centre integrating, training, office and recreational space has been constructed to enhance the global competitiveness of the Coega Industrial Development Zone outside Port Elizabeth. The Business Process Outsourcing (BPO) Park, covers five hectares and includes training facilities, lounges, a cafeteria and a restaurant, is the first of its kind in South Africa. The BPO Park is situated in Coega’s business service precinct, next to workers’ residential areas, and replaces a 200-seater call centre already in existence.Then came Fusion, another world player in the BPS industry. Fusion Outsourcing’s headquarters, Fusion House at Century City, Cape Town; and the new Gauteng premises in the Johannesburg CBD are modern, state-of-the art contact centre facilities, from where almost 1500 agents and support staff deliver customer services. In 2011 Fusion won the national industry awards for the 3rd consecutive time for both the Best Offshore BPO Centre of the Year, and the Best Offshore Customer Service Centre of the Year.The market for such centres seems unpredictable. Anticipating the market for contact centres a while back, construction giant Grid, built a luxurious and state of the art built-for-purpose call centre in Mount Edgecombe next door to Umhlanga Rocks. It’s fully occupied. On the other hand a cursory glance through the free on-line classifieds Gumtree, revealed an advertisement for “Call centre property to let or for sale in Kent Avenue, Randburg. Total GLA 6500m², 350 – 500 work stations, and 185 parking bays. Asking rental R60/m² net or for sale at R49 mil excl VAT if applicable. Available immediately.” So there are some surprises out there from a real estate point of view.Not that long ago A 27,000sqm call centre in the Jo’burg CBD was sold, through a negotiated deal, for R97,5m. The seven-storey facility situated at Laub Street was sold on behalf of a major retailer and was snapped up by City Properties. The property was sold with a ten year triple-nett Edcon lease in place and in effect is a sale and leaseback transaction.So it would be incorrect to say that BPS is not having an effect on property since they are definitely players in the market. But the extent that there is any ripple may call for some speculation.BPS certainly is an industry worth monitoring from a commercial real estate perspective, currently as a growing number of international firms choose to set up shop locally and large numbers of staff will be required in specialised or converted to spec facilities.