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Jan 31 2023

Three Reasons Why Personal Trainers Need Insurance

If you’re here, you’re looking for reasons to buy personal trainer insurance from the Insure Fitness Group. Insurance might seem unnecessary if you’ve never had a claim. However, many things could go wrong throughout your career, and liability insurance provides you with a safety net when they do. In this article, we’ll explain how personal trainer insurance can benefit you.

What Is Personal Trainers Insurance?

This is liability coverage for damages or injuries resulting from your professional services. It could also be a protection plan for the equipment and gear you use to run your training business. Whether you train at a gym, in different facilities, in your home, or online, you’re faced with several accidents that could occur daily. It only takes a few seconds for your gear to suffer damage or for someone to get hurt.

When an accident happens, your personal trainer’s insurance helps to significantly lower or eliminate the amount you’ll have to pay out of pocket. Some of the costs it could cover include legal fees, malpractice cases, clients’ medical bills, stolen property, etc. Your policy usually covers damages or injuries your service might have inflicted on third parties like a location or client. This could be a client breaking an ankle during a session or someone breaking the equipment you’re helping them use in the gym.

Three Reasons Why Personal Trainers Need Insurance

Now that you know what personal trainers’ insurance is, below are some benefits of having this coverage.

1. Your Gym Insurance Doesn’t Protect You.

If you work at a gym or contract with one, they have insurance protecting them. However, even though the gym provides you with a spot for hosting your clients and the equipment you need for the job, they don’t offer you insurance. If someone sues you, the gym’s insurance cannot protect you and doesn’t cover your legal fees or settlement costs.

2. Protects Your Business from Accidents.

A lawsuit could easily ruin your business. With legal fees draining your bank account and the stress of dealing with these expenses affecting how you work, there’ll be little to nothing left of your business to manage. However, when you purchase insurance from Insure Fitness Group, they’ll deal with your lawsuit’s costs.

3. Makes Your Business Appear Professional.

Having insurance can be the differentiating factor between you and your competition. It will show your clients that you’re a professional and they can trust you with your health. An insurance policy indicates that you’re ready for the worst-case scenarios and need to manage your risks as a business owner. Therefore, having insurance will make you stand out and help to build trust between you and potential clients.

Final Thoughts

Being a personal trainer comes with some risks that could impact your career. Your clients could get hurt and file a lawsuit against you as their trainer. You should protect your gadgets and career from frivolous claims by seeking personal trainer insurance from the Insure Fitness Group. Insurance gives you peace of mind because you know that if anything happens, the costs for legal services don’t come from your pockets.

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Three Reasons Why Personal Trainers Need Insurance Republished from Source https://www.youngupstarts.com/2023/02/01/three-reasons-why-personal-trainers-need-insurance/ via https://www.youngupstarts.com/feed/

Written by admin · Categorized: entrepreneur, youngupstarts · Tagged: entrepreneur, youngupstarts

Jan 31 2023

How To Secure Venture Capital Funding Even If You’re A New Entrepreneur

by Karl Swanepoel, CEO and founder of Revolancer

The world of venture capital fundraising has seen an interesting year in 2022. The previous year has witnessed high raises. According to Pitchbook, U.S. venture firms raised $150.9 billion across 593 funds throughout the third quarter of 2022.

Although that is an impressive amount, that peak is paralleled by the slow distribution of assets to the startup market. Venture capitalists have not only lessened their number of investments but have also been more selective about the startups they want to cultivate.

The reason why fundraising has been significantly harder last year is that venture capitalists have become more risk-averse. Investors are taking time to deploy their capital. With 2021 raising 333 billion U.S. dollars for funds, 2022 is a period where investments “cool down” as they wait for their initial investments to get traction.

Entrepreneurs still have high hopes for 2023. Since there has been a significant hold on capital last year while still raising funds in the billions, there is a chance that we will be able to see investors loosening that grip to fund more startups in 2023 Q1.

While there is no way to predict the trends of how investors will use their money, there are some key tips on how considerably increase your chances of securing the funding you need even as a new entrepreneur.

1. Make sure your company is solving a problem.

Roots run deep. Investors are no longer swayed if you call your product, “The next big thing”. Problems create a certain demand, and demand gives you an opportunity to create value.

2. Have a solid pitch deck that explains your business with the least detail possible.

An average investor spends about 2-4 mins reading through an entire deck. It needs to be digestible that fast so less is indeed more.

Try to approach your pitch deck using a LEAN model. When making your slides, make sure you’re not shoving too many ideas in one slide otherwise you’ll risk having investors focus on trivial things and not the main idea.

Investors only have 30 minutes – 1 hour in an ordinary call. So, you ideally want to minimise your pitching time and maximize your time for the Q&A conversation. By having investors ask questions, you are able to clear any objections rather than babbling on about your company.

3. Have an ask in your pitch deck.

When you show your pitch, the main question that investors get is, “What now?”. You need to show what you are looking for, and where it will get you. Investors want to fund milestones, not time.

4. Highlight what makes your business impressive.

When creating a narrative, you can put the spotlight on the people or communities you’ll be helping, previous funding, and high-profile advisors guiding your company, revenue, & user growth.

Determine the key metrics or the industry standard. That way, you can position your company as a rising player in the startup ecosystem.

5. Reach out to investors in ways other people are not.

It is not enough to just submit a deck and leave it all to chance. As a founder, you have to actively seek out and build relationships with investors. That includes communicating with them aside from the usual platform such as LinkedIn.

Think of avenues of reaching them others may not think of, and stand out quickly.

6. In pitch calls, ask them questions.

You want to make sure they are the right fit for you too. Asking investors questions gives you a pathway to knowing what they’re particularly looking for.

7. Finally, practice, practice, practice your pitch as much as possible.

You can ask for the insight of other founders or any investors. If they do have feedback or questions, tweak your value proposition accordingly.

If they say no, it doesn’t mean it will always be a no – reach out to them again in the future, and keep them in the loop.

This will likely make a good impression on you as it shows you don’t just give up.

At the same time, if investors say it’s not for them, you can still turn it around by asking politely if they will hop on a call anyway and offer you feedback on your pitch.

You become memorable by taking feedback from them and they’re more likely to introduce you to their network if you decide to ask.

Karl Swanepoel is a tech entrepreneur based in the UK. Because of his passion to improve freelancing work conditions, he became the CEO and founder of Revolancer, a freelance marketplace startup that charges zero commission fees. He was the youngest-ever brand ambassador for Britain’s largest business conference, The Business Show, and is now currently helping fellow founders in their journey to starting their own company.

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How To Secure Venture Capital Funding Even If You’re A New Entrepreneur Republished from Source https://www.youngupstarts.com/2023/01/31/how-to-secure-venture-capital-funding-even-if-youre-a-new-entrepreneur/ via https://www.youngupstarts.com/feed/

Written by Contributor · Categorized: entrepreneur, youngupstarts · Tagged: entrepreneur, youngupstarts

Jan 31 2023

Your Comprehensive Guide To Starting Your Business In 2023

The first step in becoming your boss is deciding to take a huge risk. If you’ve gotten this far, you’ve already taken the most crucial first step. Congratulations! You are now ready to learn the foundations of creating a business from the ground up. But where do you even begin?

Let’s go through the essential steps in starting your business in 2023.

Find Your Business Concept

The bulk of business advisors will tell you to earn money doing something you’re passionate about, but this misses two critical criteria: the idea must also be profitable and something you’re talented at. For example, you may have a love for music, but how likely is it that you will be able to establish a music-related business if you are not a very excellent singer or songwriter? You may have a love for making soap and want to open a soap store in your little town, but there are already three soap businesses in the region. Cornering the market will be difficult if you manufacture the same product as other firms in the nearby region.

Research Your Competitors and Market

The majority of businesses invest more time in their products than they do in analyzing their market competitors. If you decide to seek outside funding, the potential lender or business partner will want to know what distinguishes your business idea. If the findings of your market research suggest that demand for your product or service in your area has peaked, you may want to explore a different approach. Consider housekeeping; instead of providing general cleaning services, you might, for example, focus on houses with dogs or on cleaning garages.

Develop Your Business Plan

A business plan is a living document that serves as a road map for the development of a new company. Prospective investors, financial institutions, and corporate management will find it easy to understand and absorb the information and elements included. Even if you intend to fund your firm entirely on your own, drafting a business plan may help you refine your idea and identify potential stumbling blocks.

Evaluate Your Company’s Financial Situation

There are expenses connected with starting a business, and you must design a strategy to meet those expenditures before proceeding. Will you need funding to start your new business endeavor, or will you be able to fund it on your own? Do you have enough money saved up to cover your necessities until you start earning a profit if you wish to quit your current job to concentrate on your business full-time?

It’s a good idea to conduct some research and figure out how much the first investment will cost. Many businesses fail because they run out of money before they become profitable. It is never a good idea to overestimate the amount of start-up capital you will need since it may take a long time for a firm to generate consistent income.

Make It Legal

It is essential to incorporate your firm as a limited liability company (LLC), limited liability partnership (LLP), or corporation to establish a distinct legal structure. This is a financial structure between you, the owner, and your company.

Make Your Brand an Online Presence

Whether you have a conventional storefront or do all of your business online, your customers need a way to discover more about your company and the items or services you provide. Consider who your ideal customer is and what information you want them to know about your company. If your business does not already have a website, creating a central spot for it online is critical to get your message out there and building a client base with the help of BANG! Web Site Design ideas.

Find Your Premises

It might be difficult to know where to begin your search for a new office site. However, there are several tools accessible that are meant to aid. You can look at the websites of local governments, which often have a list of the business parks and knowledge districts in the area. You can also talk to private landlords and look at places yourself.

If you wish to do something similar, you may speak to universities and other public institutions that foster innovation. New businesses often get extra benefits from these sites, like the chance to connect with other creative businesses.

Build Your Network

Partnerships made along the way are often very important to the success of new businesses. They could be good for your business in terms of growth or money, which can help you find complementary businesses and referrals that drive your growth.

There is a broad variety of contexts in which people might engage in networking activities. There are always going to be possibilities available for you to take advantage of, regardless of whether you are attending a conference or event.

The quality of the connections you make through networking is typically higher, which makes it simpler to follow up with referrals and convert them into clients. You might get good business from the new leads you get from your marketing efforts.

Grow Your Business

At this stage, your small business should be functioning like a well-oiled machine. Take some time to celebrate your accomplishments. If you’ve arrived at this stage, it implies you’ve successfully developed a germ of an idea into a living business. So, what are we to do now? It’s conceivable that you’ll choose to retain your organization on a smaller scale, concentrating instead on building more strong relationships with a core group of loyal consumers and managing all operations on your own.

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Your Comprehensive Guide To Starting Your Business In 2023 Republished from Source https://www.youngupstarts.com/2023/01/31/your-comprehensive-guide-to-starting-your-business-in-2023/ via https://www.youngupstarts.com/feed/

Written by admin · Categorized: entrepreneur, youngupstarts · Tagged: entrepreneur, youngupstarts

Jan 29 2023

[Review] Poly Studio P5 Web Camera

Poly Studio P5 and Sync 20

One thing we learned over the pandemic period? The importance of a professional work station at home. From an ergonomically-sound desk and seat setup to the appropriate video conferencing equipment, the right remote setup can mean the difference between a comfortable conference call to one that gives you an aching back and neck.

And not to mention a properly executed conference call experience! For that we’ve found that a professional-grade webcam can work wonders. Yes, the in-built camera on your desktop or laptop is sufficient in a pinch while chatting with friends, but for calls with business associates – or an interviewer – you want roll out the big guns. I recently had a chance to review the Poly Studio P5 Webcam, and can tell you it makes a world of difference.

One of Poly’s recently-introduced line of P-series products for home and enterprise use, the plug-and-play Poly Studio P5 is ridiculously easy to set up. Simply plug into a spare USB port in your computer, and voila, it should work like a dream without the need for drivers.

Poly Studio P5

You’ll immediately notice the absolute clarity offered by the device’s full-HD optics. For those who’ve only ever relied on in-built web cams, turning the P5 on is like a short-sighted person putting on powered lenses for the first time. Automatic low light compensation also means that you can work in a darker environment without affecting video quality.

Then there’s the wider 80-degree field of view, which is useful if you need to show things around you off to your viewers. But this also means you need to be hiding things that you don’t want seen by other parties, like your dirty coffee mug or that Pokemon figurine in the shelf behind you.

Other features we like? The integrated privacy shutter. Simply turn the ring control to reveal or close the webcam lens. There’s also a built-in directional microphone with the P5, but we’ve found that pairing with Poly’s Sync 20 smart speakerphone here works wonders.

Poly Sync 20

We’ve all sat through hour-long conference calls with no small amount of discomfort, especially if you’re wearing heavy headsets. This sleek and compact Poly smart speakerphone system effectively eliminates that problem. Its full duplex audio offers remarkably clear sound quality too, both for conference calls and music. Even better? Like the P5, it’s plug and play.

When putting together a good work-from-home setup, there are a number of things to consider. Getting a professional web camera – like the Poly P5 – should be on top of the list to level up your remote work experience.

Get this from Shopee or Lazada.

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[Review] Poly Studio P5 Web Camera Republished from Source https://www.youngupstarts.com/2023/01/30/review-poly-studio-p5-web-camera/ via https://www.youngupstarts.com/feed/

Written by Daniel Goh · Categorized: entrepreneur, youngupstarts · Tagged: entrepreneur, youngupstarts

Jan 27 2023

What Is Field Service Management Software?

Field service management software (FSM) is a type of software that helps businesses keep track of their field service operations. This can include scheduling appointments, dispatch, invoicing, and more. While some businesses can get by without FSM software, it can be a valuable tool for keeping track of your field service business.

This blog post will look at what FSM software is and how it can help you manage your field service business.

Benefits of Using Field Service Management Software

The use of field service management software provides numerous benefits to businesses. They include;

Create a centralized database of customer records.

Companies using such software can create a centralized database of customer records and employee data, allowing for efficient and accurate tracking of jobs and scheduling while minimizing errors. Businesses can work more efficiently as tasks can be allocated and tracked from one central hub.

Improved customer satisfaction.

Automation also helps to create more time for customer service improvement and provides customers with the ability to track progress via online portals. Improved customer satisfaction helps foster customer loyalty toward a business. It often results in increased business revenue due to higher conversion rates, making field service management software an essential component in any successful business model today.

It can help businesses save money.

Field service management software offers businesses a range of benefits, including cost savings. By streamlining everyday tasks in the field and simplifying communication between the back-office and mobile teams, these solutions can facilitate faster job completion and fewer incidents of rework.

Additionally, easily accessible information helps businesses save time on administrative processes like invoicing and scheduling, while comprehensive analytics allow teams to make data-driven decisions that cater to customer needs while driving operational efficiency. When implemented efficiently, field service management software can also help businesses better manage inventory levels, reduce operating expenditures and simplify training processes for more effective onboarding oriented toward improving customer satisfaction.

Excellent features.

Field Service Management Software has useful features that can help field service workers stay organized and efficient in their day-to-day tasks. These systems provide an intuitive, centralized platform to plan routes, track jobs, manage inventories, assign tasks to specific team members, and even capture customers’ digital signatures.

Furthermore, many of these tools come with detailed analytics capabilities to help companies gain valuable insights into their business operations and performance metrics. By leveraging such software solutions, businesses have access to the information they need when making critical decisions about their field services.

Key Takeaway

Field service management software can help businesses save time and money by optimizing their field service operations. Field service management software can help businesses improve efficiency and deliver a better customer experience by automating scheduling, dispatch, invoicing, and other key tasks. If you’re considering investing in field service management software for your business, research different programs to find one that meets your specific needs. Getting started with field service management software is easy – simply register for an account with a chosen program and follow the instructions.

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What Is Field Service Management Software? Republished from Source https://www.youngupstarts.com/2023/01/27/what-is-field-service-management-software/ via https://www.youngupstarts.com/feed/

Written by admin · Categorized: entrepreneur, youngupstarts · Tagged: entrepreneur, youngupstarts

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Blockchain Weekly Rebooted –

During the Blockchain Spring 2016 to 2020 I hosted Blockchain Weekly. Each week I interviewed someone who was doing interesting things in the blockchain space. At one time we had 29k subscribers and we were consistently getting over 15k views a week on the channel. All of that went away during the lockdown, including the Gmail address that controlled that channel. Recently, I found some of the original videos on some old hard drives. So I’m reposting a few of the relevant ones while I am starting to shoot new Blockchain Weekly Episodes to be aired 1st quarter 2023. Please subscribe to bless the You Tube Algorithm, and allow me to let you know about any updates! Our Sponsor – https://BlockchainConsultants.io

Recent reports indicate that Republican United States Senator Tim Scott, who serves as the ranking member of the Senate Banking Committee, aims to build “a bipartisan regulatory framework” for virtual currencies. Senator Scott is the ranking member of the Senate Banking Committee. In a piece that was published on the 2nd of February by Politico, […]

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