Business Hotels – Top Tips For Relaxing Whilst Preparing to Meet Clients

When you’re meeting clients or colleagues away from the office, a convenient business hotel makes a great venue. Seasoned business people know how careful preparation ensures that you’re perfectly relaxed and ready for business. Here are some top tips for choosing your perfect business hotel.

1. Make sure the hotel has the functionality you need

Whether it’s wireless broadband or sophisticated presentation aids, a good business hotel should provide the technology you’re used to in the office. When planning a business meeting, work out what equipment you will need; then make sure your chosen hotel has everything on your list.

2. Has the business hotel been well maintained?

Make sure your shortlisted business hotels offer pleasing design, tasteful décor and the comfortable accommodation you and your clients expect. Light, airy ambiance and pleasant grounds make business discussions a pleasure. Look for evidence that décor and equipment has been recently updated. A willingness to maintain standards shows a hotel is serious about business – and reflects your professionalism.

3. Hotels for business – location is everything

Unless your guests want to experience serious nightlife, there’s a lot to be said for a business hotel that’s convenient to the city but located in a quieter out-of-town area. Some of the best business hotels are located out of town but near a major road into the city: convenient for business but away from urban noise when you need a good sleep before your big presentation.

4. The facilities you need to combine relaxation with hard-nosed business

A good business hotel makes it easy to do business, then break-off to relax with clients and colleagues in a beautiful environment. Look for somewhere with lovely grounds, a great selection of readily available drinks, snacks and meals and a team that really understands your needs as a business person.

5. Do business near an airport

Are colleagues or clients flying in for talks? Or maybe you’re off to an important meeting in the morning. Either way, look for a hotel that’s close enough to your airport to be convenient – but not so close that you get caught up in the airport hustle and bustle. The best business accommodation offers free transfers to or from the airport together with a room for your business meeting. It’s the perfect way to avoid delays from travelling through a busy city centre when you’re keen to get down to business.

Choosing a good business hotel is easy when you follow these tips. Once you’ve booked your perfect business venue, you can relax and get on with the deal of the year.

The Road Not Taken – Less Liquid Investments – Bargains in the Woods?

Investors want liquidity in their investments. The strong desire to “buy today, sell tomorrow” should generate the question: “what premium are you willing to pay for this much liquidity?”

Conversely, what cost advantage do less liquid investments-such as real estate- have if the demand for them is lower? Preference for liquidity, which may or may not be appropriate for all investors, is what I want to explore in this article. In the words of Robert Frost, from the poem The Road Not Taken (1920):

Two roads diverged in a wood, and I-
I took the one less traveled by,
And that has made all the difference.

Robert Frost may not have been talking about investing, but this poem illustrates the nature of choice. As his famous poem describes, choice is a fabulous thing, but it does require a decision. The phrase, “The road more traveled or the other?” is analogous to either following the crowd or making your own investment choices for your retirement future.

Which road will you travel?

When considering choices for retirement investing, one divergence in the “road” appears when you must choose how much liquidity you want in your plan. One fork takes you to investments offering almost complete liquidity, such as publicly-traded securities and mutual funds. The other leads to longer term investments, including such opportunities as real estate, mortgages, or private placements.

Which road are you taking with your retirement plan?

The past 20 years have featured an explosion in the availability of financial information. We have gone from receiving monthly statements via mail, to looking in the evening newspaper, to now having instantaneous price updates for practically all traded securities. IRA holders and Qualified Plan participants have enjoyed being able to know, day by day, how much their plans are worth. Securities brokers and plan administrators have provided their clients with instant access to data as well as the
ability to buy and sell at the drop of a finger on the keyboard.

It is incredible to have access to so much information and the ability to make instant choices. The vast majority of all retirement investors have chosen this road. And almost universally the choice is for instantaneous liquidity.

With everyone choosing liquidity, can it be inferred that instant liquidity is the best choice?

Is taking the road more often taken the best choice? The economic laws of supply and demand indicate that if demand is high, then prices will go down. Does the availability of instant liquidity result in lower returns? Some economic researchers believe it does. Dr. John Campbell, Professor of Economics at Harvard University and member of the board of the Harvard Management Company, believes the overall risk-adjusted returns for highly liquid investments are often significantly less than returns for less liquid investments.

Further, Dr Campbell pointed out at the “Pathways to a Secure Retirement” conference sponsored by the Retirement Research Consortium in August of 2006, retirement plans seldom require access to instant liquidity, but plan holders appear to be selecting it nonetheless, regardless of cost. The well-traveled road more taken comes at a measurable cost. Campbell believes that plans should seek profitable investments that do not include instant liquidity. Like Mr. Frost, Dr. Campbell favors the road less taken. Investors are paying a premium for liquidity that their plans do not need. Retirement plans are accumulating assets over the long term. Satiating the current investors’ personal desire for high liquidity comes at the sacrifice of long term investment growth.

What would Robert Frost choose?

If Robert Frost had an IRA, I believe he would have chosen the retirement investment options less commonly chosen, those with less than instant liquidity. The majority of investment choices found on the road less taken are available only to retirement plans which are truly self-directed, such as those offered by the Entrust Group.

What road will you take?

What to Consider When Starting Your Own Business

Starting your own business can be hard work, and, while everyone has creative business ideas, not everyone puts them into action. What’s to say one idea is more of a money-maker than the next? While not everyone is cut out for the pressure of owning his own business, many people benefit from the satisfaction of being self-employed.

Depending upon the industry, setting up and starting your own business can be a risky venture. Many people try to choose something that will interest everyone, but you must realize that you can’t create a market that will appeal to all people. Select a market that suits your product best and then get started. Consider that starting your own business will be challenging in the beginning but rewarding in the long run. The big question that remains is, once you have some creative business ideas in mind, how do you get started?

Formulating Creative Business Ideas and Market Potential

You must first devise an idea that you believe has some sort of market potential. Remember that your market is what makes and keeps you in business. Cater to your customers, and they will reward you with an increase in business. If you’ve found great market potential, you can now move onto formulating these creative business ideas into words.

Construct a rudimentary plan that covers your creative business ideas loosely but concisely as well. In this initial draft outline, ensure your idea is something that interests you and that your product or service is easily acquirable and cost-effective. If you’re unsure, make a list of pros and cons to decide if the idea is worth pursuing.

Creating a Solid, Organized Business Plan

While you don’t necessarily have to be savvy in business matters, you do need to create a solid, comprehensive business plan that is well-organized and consistent throughout the document. Here, you will incorporate all of your creative business ideas into a plan that demonstrates how you will put your idea into action.

In your business plan, you need to outline and cover the general concept of how you will go about starting your own business as well as the specifics. You will need to discuss the start-up costs, the state of the industry, finances, and perhaps even include graphs and charts to highlight your research of the industry. Keep in mind that this business plan is what financiers or lenders base the viability of your idea on.

Financing Your Ideas and Starting Your Own Business

Once your creative business ideas have been turned into words and are approved, your financier will give you the thumbs-up to begin. Should you need a place for your business, scout out an appropriate location and begin the leasing process. Once you have a location locked in, you’ll need to begin spending money on the business space by purchasing items according to your needs. If you’re starting your own business from home, you will still need to acquire licenses and permits to operate your business legally. Proper insurance for your business and products is necessary so that you will be covered in the case of an accident or disaster.

Generally, small businesses have three financing options: asking friends and family for a loan, finding investors, or applying for limited equity bank loans. You must decide if you can relinquish some ownership of the business for the first two types of financing options or be willing to hand over a monthly loan payment and a sizable chunk of your profits to the bank.

The Grand Opening: Advertising and Marketing Tactics

After the financing is out of the way, you can concentrate on the particulars. Next, you must decide on a legal structure when starting your own business: sole proprietorship, a partnership, or a corporation. Choosing one of these set-ups will help in the long run; however, your financing will ultimately determine which structure you choose.

You’ll also need to spend money on advertising and marketing for your business. It is here that more of your creative business ideas come into play; consider using both local and regional newspapers, television, fliers, the Internet, and the radio. Using a wide variety of tactics will help you reach a larger audience than just a hyped-up grand opening. However, word-of-mouth will be your greatest help, and this generally stems from top-of-the-line customer service.

Ensuring the Success of Your Creative Business Ideas

There is a tremendous advantage for business growth and success in the United States. Researching your market, formulating a sound business plan, and acquiring appropriate financing are the avenues you must follow for starting your own business. This is the hard part, however, and this is where many people neglect to study their options.

Remember that starting your own business will not be easy, and yes, sometimes businesses do fail. If you keep persevering despite doors that slam in your face, you will eventually get your creative business ideas off the ground and find yourself self-employed and in charge of your own affairs!