Author: WaelBadawy

 
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Business Merchant Accounts, Business-Merchant-Accounts

Business merchant accounts are critical to have if you want to accept credit cards. Business merchant accounts are not limited to those computer consultants reselling products either. They are a good idea for any sale, especially when you are selling to new clients.

If you have a business merchant account you will not have to chase down outstanding debt. The cost is not that high and you don’t have to buy traditional credit card processing equipment. Now they have what is called a lab terminal, which allows you to use your web browser to manage the transactions. The systems are completely secure and most business merchant account providers team up with larger companies that offer great advantages.

Costco’s Business Merchant Account
One of the biggest secrets we learned about business merchant accounts is that Costco provides a fantastic deal on credit card processing through Nova Systems. It’s such a great deal it can actually pay for your entire Costco membership. Here are some particulars:
All of the monthly statement and gateway fees are waived – savings of $25 – $50 per month
Very competitive discount rates on Visa and MasterCard.
You can add on processing for American Express and Discover – you will find that even though American Express transaction fees are higher, it is a very popular card with small businesses.
The charges billed are transferred quickly and directly into your business bank account – this is a lot faster than doing your billing or invoicing once a week or so.

Paypal

Paypal is a popular alternative to traditional business merchant accounts. Paypal is very easy to set up and the set up is free. There are restrictions though on what you can do and how you can withdraw your money. The largest drawback is the negative connotation of being an ebay related service where people sell garage sale stuff as a hobby.

The Bottom Line on Business Merchant Accounts

Business merchant accounts will help you get paid faster. There are fees involved but the customer convenience and no hassle approach to receiving your money make it worthwhile. There are different business merchant accounts available so do your homework and choose the one that makes the best sense for you.

More info’s and free registrations (restricted to pros), please join our live seminar

Originally posted 2018-04-16 22:19:00.

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Business Selling Process (Simple)

Business Selling Process (Simple)

Simple Business selling guide will provide easy simple direction to business seller what to do on business selling process.

1. Determining the fair market value of the business
2. Set Preparing all books and records for prospective buyers
3. Putting the business on the market
4. Dealing with the potential buyer
5. Recieving an offer
6. Negociation – Price, Terms, and Condition
7. Accepting an offer
8. Provide all necessary books and records to the buyer
9. Work with the buyer to remove all contingencies of the contract
10. Signing the closing statement (1~3 days before the closing date at the escrow)
11. The night before the closing date
12. The closing date

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Originally posted 2018-04-16 16:03:00.

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Cheaper is Not Always Better

I work for a large insurance firm in the northwest, in an office with over 500 other employees. Management recently decided to replace our existing phone system as the old system was no longer meeting our needs. I and my co-workers were under the impression that they were going to update the system, as in “make an improvement”, and that we would have late model phones with technological advancements galore. Boy, were we in for a surprise.

One day a few weeks ago, we all came in to find new phones on our desks. These were not the state-of-the-art communication devices we had in mind. Instead of the sleek, sophisticated, caller IDing, multi-line handling, LCD displaying wonders of the modern age we all dreamed of, there was a simple phone with a keypad on the receiver…not unlike what you might have had at home 15 years ago. In addition to the new phone, there was a sheet which explained in graphically painful detail exactly which series of buttons one would have to push in order to make this thing function properly. We had to now enter a digit to put someone on hold, enter a three digit code to transfer someone (one digit, dial tone, two digits) and enter a ridiculously long series of numbers to access our voicemail.

Needless to say, we were in shock. I knew it wouldn’t take long before the roars of complaining would drown out the usual office din. Sure enough, by lunchtime our office manager came in to tell everyone that we were simply going to “try it out for a while” and that the company had saved thousands by choosing this option. I and the other employees were fairly certain that we had already lost thousands in reduced productivity that morning alone. Oh, well…it’s their company, we just bring in the money for them.

For the next few days, we tried to get used to saying “hold, please, while I transfer you”, removing the receiver from our faces and trying not to curse as we made a lame-duck attempt at pressing keys, listening and pressing more keys. It was a nightmare. We were getting pretty fed up with it, but just assumed that this was what we would have to deal with. Then, out of the blue, we came in one day to find real phones with real features at our desks. No more looking at the receiver while we frantically tried to key in numbers fast enough not to drop the call. No more ten digit voicemail “pins”. No more of having no idea who was calling or where the call came from. Ahhhh, relief at last.

Later the same day, we heard a rumor circulating around the office that the VP of operations had returned from a two week trip to New York. His words, upon seeing one of the phones management had originally purchased on his desk were, “get rid of them”. All it took were those four words from a higher-up to set things right. Unbelievable.

More info’s and free registrations (restricted to pros), please join our live seminar

Originally posted 2018-04-16 14:37:00.

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A Computational Memory Architecture for MPEG-4 Applications with Mobile Devices

 

This paper presents a Computational Memory architecture for MPEG-4 applications with mobile devices. The proposed architecture is used for real-time block-based motion estimation, which is the most computational intensive task in the video encoder. It uses the exhaustive block-matching algorithm (EBMA) for motion estimation. The proposed architecture consists of embedded SRAMs and a number of block-matching units working in parallel to process video data while stored in the memory. The block-matching units access the embedded SRAMs simultaneously, which increases the speed of the architecture.

The architecture processes CIF format video sequences (i.e., the frame size is 352 × 288 pixels) with block size of 16 × 16 pixels and ±15 pixels search range. The proposed architecture has been designed, prototyped, and simulated for 0.18 μm TSMC CMOS technology. The simulation shows that the proposed architectures processes up to 126 CIF frames per second with clock frequency 100 MHz. The synthesized prototype of the proposed architecture includes 200 KB memory and it has an area of 33.75 mm2 and consumes 986.96 mW @100 MHz.

Mohammed Sayed , Wael Badawy, “A Computational Memory Architecture for MPEG-4 Applications with Mobile Devices,” Journal of VLSI Signal Processing Systems for Signal, Image and Video Technology – Special Issue on Digital and Computational Video , Vol. 42, No. 1, pp. 35-42, January 2006.

Originally posted 2018-04-16 09:46:00.

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Business Basics for Catalog Retailers

Catalog retail is a world all it’s own. Many considerations that other retailers don’t have to deal with are of utmost importance to a catalog retailer. To name a few, the ordering process, warehousing and shipping must be streamlined for maximum efficiency. Maintaining a top notch inventory control and receiving department is also very crucial to business success. Above all, however, a catalog retailer must have a quality business phone system.

Considering the fact that the majority of customers will reach you over the phone, it is paramount to be able to not only handle call volume during peak times, but also to provide your customers service representatives with the features they need to do their job well. Business phone systems should be capable of not only putting your customers in touch with you, but also offer routing flexibility, voicemail and forwarding options for the administrative side of your company. Often, the difference maker for catalog retailers is not the products they sell, but the service behind those products. People who want to buy will have questions regarding an item that a simple picture and brief description will not answer. Most companies have service reps who take orders and product specialists who are familiar with the inventory.

It is essential for the product specialists to have access to a phone system that will accurately and easily allow them to receive and transfer calls between departments. After the initial contact by the sales representatives, the most common transfer of waiting customers will be to product specialists and hopefully back to the sales reps. A customer who is dropped accidentally during this transfer is likely to not call back. Additionally, customers who are made to hold for extended periods of time without an automated message thanking them for their patience are a primary example of lost revenue that could be curtailed by the proper business phone system. All in all, a well thought out business phone system is an integral necessity for any company, but it is especially important for catalog retailers.

More info’s and free registrations (restricted to pros), please join our live seminar

Originally posted 2018-04-15 23:15:00.

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An Affine Based Algorithm and SIMD Architecture for Video Compression with Low Bit-rate Applications

This paper presents a new affine-based algorithm and SIMD architecture for video compression with low bit rate applications. The proposed algorithm is used for mesh-based motion estimation and it is named mesh-based square-matching algorithm (MB-SMA). The MB-SMA is a simplified version of the hexagonal matching algorithm [1]. In this algorithm, right-angled triangular mesh is used to benefit from a multiplication free algorithm presented in [2] for computing the affine parameters. The proposed algorithm has lower computational cost than the hexagonal matching algorithm while it produces almost the same peak signal-to-noise ratio (PSNR) values. The MB-SMA outperforms the commonly used motion estimation algorithms in terms of computational cost, efficiency and video quality (i.e., PSNR). The MB-SMA is implemented using an SIMD architecture in which a large number of processing elements has been embedded with SRAM blocks to utilize the large internal memory bandwidth. The proposed architecture needs 26.9 ms to process one CIF video frame. Therefore, it can process 37 CIF frames/s. The proposed architecture has been prototyped using Taiwan Semiconductor Manufacturing Company (TSMC) 0.18-μm CMOS technology and the embedded SRAMs have been generated using Virage Logic memory compiler.

Published in:

Circuits and Systems for Video Technology, IEEE Transactions on  (Volume:16 ,  Issue: 4 )

Back to  a complete list of Peer-Reviewed Journal Papers

Mohammed Sayed , Wael Badawy, “An Affine Based Algorithm and SIMD Architecture for Video Compression with Low Bit-rate Applications“, IEEE Transactions on Circuits and Systems for Video Technology, Vol. 16, Issue 4, pp. 457-471, April 2006. Abstract

Originally posted 2018-04-15 19:36:00.

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Business Journals – A Strong Business Planning Tool

Business journals, or diaries, are an excellent way to record your business growth and progress. Business journals are extremely valuable in providing you with some amazing insight. By recording what you have done you can reflect and see where your time is going, where your growth spurts have occurred, whatís working and whatís not.

Plotting your course in a business journal lets you see opportunities with ease and clarity. It’s hard to see what is right in front of us but when you revisit what you did a week or a month ago, your perspective on the situation is often different enough that you can analyze the situation much more effectively.

Business Journal Tips

Use a good old fashioned paper and pencil business journal as opposed to an electronic or online version. It’s easy and it’s accessible everywhere.
Take five minutes before you go to bed every night and write down three or four sentences and bullet points about what you feel you accomplished that day.

On the back page of your business journal start a business idea log or brainstorm list that addresses two questions: ideas for getting leads and clients and ideas on how to increase service revenue.

By recording this type of information every day you will have a permanent record of what you thought about doing, what you have done, and how successful your ideas were. Your business journal will show you where you have been and it will help you determine where you should do.

The Bottom Line on Business Journals

A business journal allows you to efficiently organize your ideas and record both what you have tried and things you are thinking about trying but haven’t quite put on the planning radar screen. At the front of your business journal you’ll write three or four sentences every day on what happened to help your business grow and in the back you’ll put ideas on where to find more leads and clients and get more services revenue. By using your business journal on a daily basis you will create a powerful tool that helps you get the right perspecive and helps you both operate and grow your business.

More info’s and free registrations (restricted to pros), please join our live seminar

Originally posted 2018-04-15 16:54:00.

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Business Cost Savings Through Safety

Business Cost Savings Through Safety

Setting a health and safety program in place will reduce costs. Having a program will reduce accidents and will lead to lower company worker’s comp premiums; further business insurance companies prefer their customers to have health and safety programs. These insurance companies might even discount the premium if a program can be proved to exist. The average cost of an accident is $68,000. Direct costs in accidents such as worker’s comp and fines levied can close a business. Indirect costs such as low morale of employees, legal fees, and retraining can be as costly if not more.

A working program will:
1) Improve employee morale – Shows care in their well being
2) Reduce revenue loses – Fewer accidents keeps all employees at work
3) Give a boost to the customer – Makes sure business is operating optimally

Small businesses that have a voluntary health and safety program in place have fifty percent less accidents and reported insurance claims than that of their counterparts according to OHSA stats. Most small businesses fall below the legal requirements for having a formal health and safety program in place due to number of employees on staff. Sixty eight percent of reported accidents are in the service industry which shows even businesses such as retail establishments are not free of accidents.

A health and safety program can be started by writing a health and safety policy; this is simply values that a company wishes to convey in its work processes. Secondly, is how communication between all employees and owners will function. And lastly, put procedures in place to ensure safe practices.

To find unseen hazards and unsafe practices, an audit needs to take place. Take a hard look at the workplace and record all factors that may lead to injury. These hazards might be dangerous chemicals or as simple as a letter opener. Identifying these hazards will lead to procedures to controlling them. Controls such as ‘Don’t run with scissors in your handsî are effective. Write all procedures in a manual.

Implementing these health and safety procedures will be done with behavioral change. Some programs become weak and non effective because of:
1) No definition of safety practices – No written processes
2) No teamwork – Safety is communication from the top to bottom and vice versa. A well written plan will describe what roles everyone plays in safety policies.
3) No effective goals – The ‘accident free daysî poster will come as a result of sound safety processes.
4) Wrong incentives – Money as a reward does not work well. Health and safety should be fun and worth employees effort. The right incentive plan can be cost effective and have obtainable goals. Incentive plans can include movie passes or simply ‘free coffee on the boss.î The insurance industry reports for a dollar spent on health and safety yields four to six dollars in savings.

Once all of the hard work of developing and implementing the health and safety program is done, set aside some time each month to review the workplace. Record what is found; this is a good practice to see dangerous trends that might occur such as a fire exit constantly being blocked. On the quarters of the year post a meeting with employees. These meetings are a great way to get vital feed-back from employees and keep them involved. At least once a year, do an audit to make sure your health and safety program is current with present business operations.

More info’s and free registrations (restricted to pros), please join our live seminar

Originally posted 2018-04-15 14:21:00.

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Best Small Business Idea — Get Focused And Get Going

I used to give a talk titled, ’10 Ways to Overcome Overwhelm in Business and In Life’. It was an excellent resource for getting into action and taking charge of your business. If youíd like a copy, just email me and Iíll send it to you. After Iíd given this talk for awhile, I realized that getting out of overwhelm was even simpler. You donít need 10 ideas. Thatís overwhelming in itself. You just need one essential key. If you can master this one key, you can pretty much get whatever you want out of your business and your life. Here it is. Donít blink or youíll miss it. Focus.

Thatís right, focus. When you are entirely focused on what you are doing in the moment, you donít have any attention left for being in overwhelm. Focus and overwhelm are opposites. Think about it. You are overwhelmed because you are thinking about all the things youíve got to get done today, tomorrow, and the day after. You arenít solidly focused in the present moment doing whatís in front of you. But when you are stuck in overwhelm, itís really hard to get focused. So what can you do?

Itís actually very simple. Get back to basics. Go back to your core values, your mission statement, your vision. Stop right now and think about the vision you had for your business when you first started it. What did you want to accomplish? Why did you want to do it? Were you looking for freedom? Did you have a better way of helping people? Completely let yourself be absorbed in the dream you had. Feel how it was when you started. Now you are focused. Take this vision and write it down again. Go into detail about what you really want to do with your business.

Now from this focused state, get into action. It should be much more clear to you now what the most important tasks are. Focus your energy on those and get going. Any time you start feeling overwhelmed, stop and go back to your dream, your vision. Ask yourself why you are doing what you are doing. Really feel it and then start again. I guarantee you this will get you focused and get you out of overwhelm. Now you can get what you really wanted out of your business.

More info’s and free registrations (restricted to pros), please join our live seminar

Originally posted 2018-04-14 23:19:00.

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Boomers Have Big Hopes For Small Businesses

As they approach retirement age, many baby boomers are considering alternatives to retirement.

A growing number of them plan to forgo golf, travel and other pursuits to continue working through what have long been considered the retirement years. According to a report by AARP, 80 percent of those born from 1946 to 1964 plan to work after retirement.

Some are taking this time of their lives to start a small business. In fact, AARP also reported that 40 percent of U.S. entrepreneurs are over 50.

For those thinking to take advantage of this trend, Paul and Sarah Edwards, self-employment lifestyle experts and authors of “The Best Home Businesses for People 50+,” offer some advice. “Starting a small business out of the home at any age can be very challenging but rewarding,” says Edwards. “However, Sarah and I have developed a few tips for our fellow boomers to keep in mind when embarking on this exciting new phase of their life.”

– Do it Your Way. A home- based career allows you to decide everything from how much time you want to dedicate to your business to where you want to be located.

– No More Office. Many experts believe that taking a business online is the easiest way to accomplish your goal of working while maintaining freedom. If your small business is located online, you have low overhead costs and can be found by customers around the globe without regard to where you are located.

– Have an Online Presence. Virtually every business can be helped with a presence on the Web. This is easier than it seems if you work with a reputable Web solutions partner.

For example, Network Solutions focuses on small businesses by offering products and services such as Do-It-For-Me Web sites (DIFM), easy-to-use templates and 24/7 customer consultants. Such services provide you with a Web partner that will enhance your business.

– Do What You Enjoy. “Becoming your own boss is an opportunity to do something you want to do,” says Sarah Edwards. “For example, you can spend as much time as you want on a hobby because you’re making money in the process, or helping other people or working with the kind of customers you choose to work with.”

More info’s and free registrations (restricted to pros), please join our live seminar

Originally posted 2018-04-14 22:49:00.