The Importance of Workplace Safety Posters

Workplace safety posters play an important role in effective safety communications, safety precautions and safety warnings to workers. It is one kind of safety communication. Their applications in chemical industries are very common where various potential hazards present.

Safety regulations and legal require the use of workplace safety posters. Generally, these posters have to be placed in workplaces where hazards exist. They warn workers about specific hazards that accompany their jobs and naturally appear in such workplaces.

Government or Department of Labor in each country has may already established the required workplace safety posters. And in some cases, the government has prepared these printed posters that can be used directly.

When the safety regulation requires such posters application, there will be certain penalties or fines for violations. In general, the employers will be fined when workers get injured due to lack of safety posters as required by the regulations.

Some employers may think that these posters for workplace are only devoted for the workers or employees. But, actually they are wrong. These posters are purposed to protect both workers and employers.

Employers would not responsible for any incident happen in the workplace if they have applied the required posters. As an example is the usage of eye goggle. When the employers have displayed the poster of eye goggle according to the regulation, then when worker or employee gets injured by chemical splash without using eye goggle, the employer does not responsible. The reverse condition is also applied.

However, before displaying any safety posters in the workplaces, always bear in mind that these posters should be relevant, clear and to the point. Use only common words and communicative images or pictures to get workers’ attention.

Avail Ready Finance For Business Through Quick Commercial Loans

Business people always require finance either for starting a new venture or for expanding the older one. The finance must come to them easy and quick. Considering their urgent requirements, loan product quick commercial loans has been specifically designed. Business people can utilize quick commercial loans for making investments in infrastructure, buying products and services, starting new project or expanding the established one.

Business people are required to furnish some details of their business before the quick commercial loans deal takes place. They are supposed to give audited financial statement of last 3 years in case of starting a new business. For expanding the business, lenders may ask business financial statements, balance and profit-loss statements. Lenders would like details of owners, partners and stockholders of the business as well.

Business persons can avail quick commercial loans either in secured or unsecured form. To take secured quick commercial loans, also called commercial mortgages, borrowers should place commercial property with the lender as collateral. With the loan secured, lenders provide business people quick commercial loans anywhere in the range of £50,000 to £50,000,000. Larger loan will depend on the higher equity in the collateral.

Because of the secured nature of the loan, interest rate remains lower on quick commercial loans which infect can be brought down once the borrower compares different loan packages. The interest rate comes in variable and fixed options. Under fixed rate, interest rate and monthly installments amount are predetermined and borrowers know how much they have to pay and thus they can plan the loan. The interest rate in variable option can change any time according to the market and borrower may be paying higher rate if it goes up.

There is a larger and comfortable repayment period of 12 to 25 years to the borrowers in case of secured quick commercial loans. The loan amount and repayment duration, however, should be chosen carefully keeping one’s financial capacity in mind.

For availing unsecured quick commercial loans, borrowers should produce concrete proof of their repayment capacity and business profile. Credit score of these borrowers counts a lot in settling the loan deal.

Even if you are labeled as bad credit, availing quick commercial loans should be no problem provided you have a plan of loan repayment laid down before the lender to win his confidence. Make efforts to take your credit score closure to acceptable level of 720 in FICCO scale which ranges from 300 to 850. A credit score of 580 and below is considered as bad credit. Have your credit report checked and make it error free and also pay off your easy debts to show improvements in credit score.

Apply for quick commercial loans online as this way, out of numerous loan offers; you can pick up the one having lower interest rate.

Quick commercial loans become an instrument of sound financial health for business people if a lot of thought goes into availing it. Be particular in paying monthly installments at due date.

5 Things That Are Wrong With Your Product’s Business Plan

Love ‘em or hate ‘em, business plans are a part of every product manager’s life. They should be a part of every company’s product development definition. Because we can’t do it all by ourselves, we need to make use of funding and resources from the company. In order to get what we need, the company insists that we tell them what we’re going to be doing. That’s where the product business case comes in. However, no matter how much time and effort you put into creating one of these things, it will all be for naught if you are making the following 5 mistakes.

5 Business Plan Mistakes That Product Mangers Make

It’s not easy to write a good business plan. Where product managers seem to fall down is when they spend their time writing a business plan that they would like to read – not one that the rest of the company wants to read. If you want to be able to add this skill to your product manager resume, then you’re going to have to become better at doing it. Here are 5 mistakes that we product managers should be careful to avoid when we’re creating our next business plan:

  1. What Problem?: I love technology and I’m sure that you love technology. If you spend your business case writing about the fantastic technology that your product will use and you don’t discuss the customer problem that it will solve, then you’ll be missing the point. A business plan needs to lay out a clearly defined problem and it needs to identify which customer group has that problem.
  2. It’s A Big Market: Often Product Managers just end up saying that the market that they are going after is huge and even if the product ends up just capturing a little bit of it, they’ll do fine. The classic case in the past few years has been products that you want to sell in China – there’s so many people there that there’s no way that my product can fail! The problem with this approach is that it’s actually very hard to make customers aware of your product and then to get your product to them. You may not be able to capture even that small slice of a big market.
  3. Excel Magic: Just because your product is a dog, doesn’t mean that you can’t create fantastic Excel spreadsheet that show just how much money it’s going to make! Look, if the product isn’t going to fly, no amount of financial smoke and mirrors is going hide this fact, so don’t even try.
  4. Dream Team: No product management team has all of the skills that are going to be required to make the product successful. Every team has gaps and your business plan needs to be honest about this. You’ll eventually have to do some work and fill in the gaps. You need to let everyone know that this is a task that you know that you’ll have to do.
  5. No Problems Here: Any business plan that is too optimistic is instantly suspect. Launching and managing a product is hard, there will always be challenges. When you are creating your business plan you need to be upfront about the issues that you are going to be facing. The folks who will be reading your plan will be able to guess some of them and so you may as well let them know that you know.

What All Of This Means For You

In order to get the funding, staffing, and resources that you are going to need in order for your product to be a success, you are going to have to write a business plan. This skill should be a part of every product manager job description. This is how you are going to tell the rest of the company just exactly what you think that you can accomplish with what they give you.

The problem with creating a business plan is that it is all too easy to do it incorrectly. Simple mistakes like talking about technology, not the problem or assuming that you’ll certainly be able to grab at least a portion of a very large market are rookie business plan mistakes that no product manager should make.

Take the time to create a well thought-out business plan. After you’ve created it, sit back and take a careful look at it and see it through the eyes of someone who isn’t so close to your product. By doing this you’ll catch the issues that could delay you’re getting the resources that its going to take in order for your product to be a success.