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• Hiring Freelancers: Why Using a Freelance Management System is the Way Forward
• Money Saving Tips for New Homeowners
• How to Generate Stock Investing Ideas Fast

Hiring Freelancers: Why Using a Freelance Management System is the Way Forward Posted: 10 May 2021 02:06 PM PDT Although you may have never heard about an FMS or Freelance Management System, there is no need to worry. It is a relatively new term but it is a powerful system for the management of freelancers. It is a good idea to look into it sooner rather than later. Although we can see substantial growth in the number of freelancers being hired you need to remember that recruiting, managing, and paying these freelancers is not the same as that of full-time office-going employees. This is where the significance of FMS lies. Key Features of a Freelance Management System FMSs are automated and dynamic tools for tapping into an expanding freelance community and at the same time gain better control. Let’s check some important features of FMS. 1. Looking for the Right Talent Before you can hire these freelancers, you will have to locate the right ones. Luckily FMS allows you to interact with several qualified contractors that are ready to start work. These people have searchable profiles that allow you to look into their area of expertise and experience. Apart from this, they are also familiar with the use of your system therefore, connecting with them and starting work is relatively straightforward. 2. Recruitment and On-Boarding After you have found a good match, you may want to reach out to them and start a conversation by using the FMS platform. After this, if you decide to hire them it is simple to make an offer and set all the digital paperwork in motion. Your FMS can automatically send the set of actionable steps to you and the freelancer to ensure that there is no time lost in the process. 3. Creating Contracts for Freelancers You may be recruiting designers, administrators, or writers for a range of tasks and belonging to many different timelines. You need to clarify all the terms upfront by using a contract. Things such as when will the start of the working relationship and end? Who will be the rightful owner of the content created? How will the created content be used? have to be clarified. Do not fall into the trap of assuming that you are on the same page as the contractor about these details. Have all these things in writing and allow your FMS to do all the heavy lifting. 4. Project Management The next step is going ahead with the assignments for keeping the project on track. You need to set up many things such as residential proxies for protecting your online presence. You can leverage the various features of your FMS to create assignments for the freelancers, establish milestones and deadlines, and monitor the progress of work. As these things move forward, you will have a clear overview of things that have been accomplished and where additional work is required. 5. Team Communication There is a need to be vigilant and keep your team updated about challenges you are facing, progress, questions, and other concerns faced by shareholders. But, if you have a load of chats, scattered emails, and texts it can lead to gaps in communication or confusion. Get your contractors to communicate with you by using FMS so that all things related to a project remain in a single place. 6. Using Analytics For any business, knowledge is power. The analytics features provided by your FMS give you a myriad of data. Various things such as, are you within your budget? Are the freelancers logging in the right number of hours? Has the required content been created and delivered in time? Which freelancers are performing with better consistency? They will provide a clear picture of statistics and they will help you catch problems before they begin. It also aids in improving future planning. Conclusion When you have fully loaded FMs, it is not a tool only for the managers. It can be utilized by almost anyone in the team as your project moves forward for several tasks. Management will simplify your workflow, develop a talent base, and allow you to keep track of progress more readily. Recruitment people can hire talent quickly, define terms of recruitment, and get the freelancers to sign their contracts quickly. The post Hiring Freelancers: Why Using a Freelance Management System is the Way Forward appeared first on MoneyMiniBlog.

Money Saving Tips for New Homeowners Posted: 10 May 2021 01:07 PM PDT The homeownership rate in the United States alone has been growing ever since 2016, and it has reached over 65.1% in 2019. With the rising percentage of occupied households, there is also a rising demand for various commodities. Nowadays, the life of many homeowners has been improved in many aspects. Whether you would use a robot vacuum cleaner or a food ordering application to fill up your fridge, it is a great way to improve your life and save some time. However, these improvements might be quite expensive and add to your already tight budget. According to the Leading Index for Remodeling Activity, home improvement spending has been rising up to 6% annually. Luckily, there are many ways to cut on some costs and make homeownership fit your budget. Saving Money While Cleaning Cleaning is a huge part of everybody’s life and is one of the main prerequisites of keeping a house in a good shape. Hence, you can cut on some costs by using plain or a flavored vinegar for cleaning windows and carpets instead of expensive detergents is just one of many ways to use home remedies for cleansers. This is also a very good eco-friendly option for cleaning, which is way better for nature. Saving Money on Electricity Another thing you can do to minimize your expenses is to cut down on electricity. You can try turning down your water heater when you are not at home and or on vacation. However, there are even better options for cutting electricity, and it is by getting a smart power strip. Electronics are known to be sucking power even when they are in sleep mode or turned off. Nevertheless, you can stop this vicious cycle by getting a smart power strip, which can detect when a device is in sleep mode and stop the supply of power. This can result in a hefty decrease on your electricity bill. You can also try adjusting the electric thermostat in your house, especially when you are away. As per the U.S. Department of Energy, lowering your thermostat by seven to 10 degrees for eight hours a day while you are away, you can save up to 10% on your monthly electricity bill. Saving Money by Replacing the Windows Windows can be one of the reasons for your high bill, as they are the entry points for the cold breezes in the winter and the hot air in the summer. Although it might be quite costly to replace all the windows of a house, it might end up saving you a lot of money in the future. However, if you can’t replace all of them, focus on replacing the ones that are facing the north and the south. These are considered to be the most problematic. Hence, the new windows can lower your energy bills significantly. According to the U.S. Environmental Protection Agency, you can save up to $501 a year if you replace your old windows with new Energy Star approved models. Last but not least, you can install new window cellular shades to block the sun in the summer and keep your house cool. Refinance Your Mortgage Eventually, you might consider refinancing your mortgage at a lower rate. Since the mortgage rates are always fluctuating, you have probably bought your house at a higher rate. However, if you consider refinancing your mortgage, you might end up saving several thousands of dollars of interest cost on a monthly basis. Although, before going for a refinancing of the mortgage, it is best to consider other factors such as closing costs and how long you plan to stay in the house. The post Money Saving Tips for New Homeowners appeared first on MoneyMiniBlog.

How to Generate Stock Investing Ideas Fast Posted: 10 May 2021 01:00 PM PDT Deciding on good stocks to invest in is never straightforward. Countless companies are listed on the stock exchange, with large volumes of relevant information about them, choosing whether to invest or not is not making it easier. It is difficult to sift through the valuable and helpful information from all the useless data. Fortunately, a tool such as a stock screener can help you concentrate on those stocks that match your requirements and compliment your investment strategy and portfolio. Think of a stock screener as a highly efficient and effective filter when you need to see a list of companies you are contemplating investing with. Due to the number of stocks actually listed, it is not a feasible task to manually monitor and track the whole suite of them manually. A trade ideas screener will refine, reduce, and produce a finite number that you can then personally scrutinize further. With access to a stock screener that accommodates your needs, it is possible to invest so much faster, which then maximizes the probability that you can become profitable sooner than later. Stock screening technology is the key to success. The most reliable stock screener will be the one that will offer the screening functionality that matches your investment intentions. Day trading is separate from swing (or medium-term) trading and investing. Therefore, a particular investment style will have specific screening requirements. How Do Stock Screeners Actually Work? Stock screeners are popular with day traders – as they can identify stocks that are moving in a promising and profitable direction – and promptly as well (almost in real-time). A stock screener must have (at least) the following three components: A current database of the available companies that can be invested in. A set of variables that will perform the filtering or screening capability. A screening program that uses the filtering variables, and then generates a list of companies that meet the screening requirements as output. Utilizing a stock screener is quite straightforward. One of the initial tasks an investor will need to do is to identify and utilize the screening variables that will assist the screening program with the filtering process. A suite of investment questions should be answered beforehand, and they may include topics like the following:  Do you prefer small-cap or large-cap stocks? Is your preference for stock prices that have recently fallen in price? Are you looking for stocks in companies within a specific sector, or industry? These questions are merely a sample or subset of the screening variables that can be utilized based on an investment strategy. A good screener will allow an investor to search using just about any metric or criteria they desire. After finishing inputting your answers, you will receive a list of stocks that meet your investment requirements. You Need to Know What to Screen For The significant challenge using screeners is understanding the criteria that will be used for its searching program. There are hundreds of variables that will make the possibilities for diverse combinations appear endless. Some screeners will list the most common predefined stock screening options to assist and encourage investors, with their variables already entered. Watch Out for these Possible Stock Screening Limitations Granted, stock screening tools are quite useful, however they do have limitations.  Screeners do not have pertinent information about a company, such as labor dilemmas, any pending lawsuits, or low customer experience levels.  Screeners handle databases that are updated, but when and how? It is prudent to check the timeliness and relevance of the stock data.  Be mindful of industry-specific lack of information. For example, most startup high-tech companies will not display within screening results because they will have large capital already invested, but without any tangible outputs for consumers to potentially purchase just yet. Do Your Homework First As previously stated, stock screeners will not be aware of relevant recent news that has affected (or will affect) individual companies. Therefore, it is ideal to use stock screening data results as a single starting point and commence further research from there. Follow up on those companies that have piqued your interest by reading the current financial and legal news – you might be surprised to read up on issues affecting the companies that you have chosen as prospects to invest in. Always search for news that may pose a risk to a company’s bottom line. If you are not sure which screening tool to use, take your time and download sample programs, and test the tools until you find the ideal one that will suit your investment style. Final Words It is important to understand that stock screeners are not a magic wand that will identify stocks that will earn you loads of money instantly. There is no simple alternative to research and analysis. Stock screeners can present a starting point to commence the research process, as they will save investors valuable time narrowing the complete set of potential stock options down to a manageable collection. The post How to Generate Stock Investing Ideas Fast appeared first on MoneyMiniBlog.

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