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Posted by on Jan 25, 2017 in Real Estate | 0 comments

Warehouse shelving purchases – how to stay within your budget?

Warehouse shelving purchases – how to stay within your budget?

Warehouses require constant upgrades in terms of storage units. If the demands of your business have increased, and you are facing the need of purchasing new shelves, then one of your concerns is probably money. Having a rather limited budget, when buying heavy duty industrial shelving can become a problem, and this is why you need to make wise choices. There are a few tips that might help you purchase the storage units your warehouse requires, while not exceeding your financial possibilities. Read the following guidelines before making any purchases:

 

Stick to what you actually need

One mistake that many warehouse managers make is buying more storage units that they actually need, leading to an overall cost increase. It is almost impossible to stick to a limited budget if you purchase more shelving systems that your warehouse requires. Analyse with care the storage demands you have faced over the last few months, and establish wisely what and how many storage units would meet those demands. It is imperative to think through the requirements of your warehouse, before proceeding to make any buys. This will prevent you from wasting any money.

Buy from a reliable supplier

The price you will have to pay for the storage units you are interested in buying can vary from one supplier to another. One store might require a higher fee, without actually providing higher quality. In order for you to stay within your budget, when purchasing shelves for your warehouse, it is an absolute must to buy only from reliable suppliers. Although you will come across a long list of options when you are searching for this type of store, choose a supplier that is reputable in the industry and also offers customers competitive prices. Do a bit of research before placing an order.

Quality over quantity

One last thing you should take into consideration is that quality always comes first. Regardless of how limited your budget might be, purchasing storage units of poor quality will be a bad investment. Although you might be able to use the shelves temporarily, in the long run, they will be easily damaged, determining you to make a repurchase. Instead of buying a wide variety of cheap shelves, purchase fewer but of better quality, until your budget allows you to buy exactly the number of storage units you need. Quality should always come before quantity, when it buying shelved, especially for industrial purposes.

Managing a warehouse is not at all an easy task, and when you need to purchase new storage units, it can seem difficult not to exceed a limited budget. Now that you know a few tips on how to purchase shelves in a financially wise way, perhaps you will achieve covering your storage needs without actually spending more money that you can afford. Remember that if you collaborate with the right supplier, you might benefit from some great offers, so start by searching for a provider with high quality products and a good reputation.

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Posted by on Nov 23, 2016 in Real Estate | 0 comments

3 benefits of using commercial cleaning services

3 benefits of using commercial cleaning services

Undoubtedly, one of the hardest tasks is maintaining a business office. Not only do you have to make sure that your business operations are running smoothly, but also to clean the work space. Hygiene is essential for homes and businesses alike. When it comes to your company, you should be very careful as the workspace can affect your health and that of your employees. Equally important is mentioning that a dirty office can seriously affect your image. In order to handle the needs of your business, you need to use commercial cleaning services. Companies specialized in commercial cleaning Toronto are well worth the money. Deciding to hire a professional cleaning company is actually one of the best decisions that you can make for your business. There are many benefits to hiring a cleaning company to come sanitize the premises.

 

Significant increase of productivity

What the vast majority of companies do is focus their attention on outsourcing services. The reason why outsourcing services is a common practice is that it saves time and that it allows companies to tend to what is most important, namely to provide good services and keep clients happy. Instead of making sure that the office is clean, you employees can work towards winning over new clients. It will be much more easier for them to stay focused as they are working in an organised and hygienic space. If the office is cluttered, then you should not be surprised if your staff is inefficient or is not on top of things.

Eliminating the inconvenience

The truth is that clearing up the office is a major hassle. You do not have the necessary equipment, not to mention how stressful the process is. The best course of action is to hire a company to take care of the sweeping, moping, dusting and everyday tasks. You can be sure that these things will be accomplished in due time and that there will be a minimum disruption of daily business operations. What is worth mentioning is that you do not have to stick around to make sure that the company you have contracted will do its job well. Professional cleaning companies are skilled when it comes to sprucing up places, so you can be sure that the end result will be a good one.

Improving overall health

As a business manager, you will want a healthy workforce. As long as the employees are in tip top shape, you can rest assured that productivity levels will not decrease. On the other hand, if the work environment is contaminated, your workers will get sick and they will be required to take a leave of absence. To put it differently, you will have fewer persons working. What you have to keep in mind is that if your workforce is in good condition, you will only benefit. It is thus essential to book a cleaning company to come clear up your office. Not only will your office will be healthier, but also it will boost the spirit of the workers.

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Posted by on Mar 12, 2016 in Real Estate | 0 comments

Four questions to ask your real estate agent

Four questions to ask your real estate agent

When it comes to selling houses, you have two options: you can either do this on your own, or you can hire a real estate agent. In order to benefit from optimal results, it is recommended to choose the second option. Real estate agents know more about this domain than you do and they can help you sell your property at the desired price to people who are looking for North Carolina homes for sale. It is important to know that there are four important questions to ask your realtor, besides the traditional “How much will I get from the property?” and “What will the commission be?”, so you can read about them below.

 

Do you have much experience in the domain?

This is probably the most important question you have to bear in mind the moment you interview the real estate agent. It is recommended to work with agents that have closed many deals, because this way you can be sure they will know how to handle each situation. You should know that this experience does not rely on the number of years during which they have been on the market, but on the number of successful deals they had.

How will you communicate with me?

It is a matter-of-course that communication is the key in nearly any domain. It is important to establish a means of communication with your real estate agent from the very beginning. The agent’s responsibility is to keep you well informed regarding the house you want to sell so make sure you ask for details regarding the agent’s accessibility towards you.

What marketing techniques will you use for my home?

You have to agree to the fact that only posting a “for sale” sign in the front of your house will not do the magic. Hire a realtor and ask them how they will market your house. The agent has access to various resources for marketing houses, such as listing services, which are databases that provide lists of homes for sale that homebuyers from different parts of the country can enter and see the posts.

Do you work with both sides of the transaction or not?

The buyers hire some real estate agents, while the sellers opt for other agents. However, it might happen for the same agent to represent both sides, which might be confusing for both the buyer and the seller. Ask the agent from the beginning whether they will only represent you in this transaction or not.

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Posted by on Jan 21, 2016 in Real Estate | 0 comments

How is the forwarding industry influenced by international networks?

How is the forwarding industry influenced by international networks?

 

Owning a shipping company is not an easy thing to do, especially since the forwarding industry is dominated by a number of large multinationals. These have the monopoly of the market, which is why smaller firms and beginners find it difficult to close great deals. Taking this into consideration, there are also certain entities aiming to support independent forwarders: these are global networks that provide their members all the benefits of a great multinational. Although these have existed for some years now, they have developed only recently and nowadays most individual transporters are members of such an alliance. Given the expansion of these networks, the shipping industry has managed to grow considerably in the past years – this can only be a good thing, especially if you consider the international economic situation.  Due to the activity of international freight forwarders, the market becomes more and more competitive, routes are diversified and independent shipment becomes remote.

 

How to survive on the forwarding market?

If you want to succeed inside this industry, you will have to think about long terms strategies, and maybe one of the most important is joining a global network. Whether you are planning to ship on water or in the air, you need to be aware of the fact that your chances are limited, unless you become member of the WCA family. Here is how a cargo alliance streamlines the forwarding industry:

  • They contribute to a clear structure. As with any other industry, the international transportation industry looks like a network. Since it is very difficult for in individual forwarder to penetrate the market, being part of an alliance enables small companies to become part of this network and stay connected with international clients and partners. Given the fact that each member is co-dependent, they all have to act in accordance to others, respecting activity, offering mutual support and not interfering in their relationships. Furthermore, members have the same obligations and rights, which place them on equal spots.
  • They provide stability. Taking into consideration that each member knows its place, its target, has clear objectives and needs to obey the same rules as the others, the market is somehow regulated by the same laws. What is even more important, since networks are based on mutual support, there are few chances of instability. Forwarders can find help one in the other, exchange good case practices and also ask for solutions form experienced shippers. This way, alliances create a stable atmosphere, which is rarely found in independent forwarders.
  • They have a global brand. Besides all the benefits cargo networks provide their members, they also improve their image on the international market. As an individual shipper, it is very hard to gain other companies’ trust, especially if you are only operating on the local market. While multinationals can invest in marketing to build a strong brand, small forwarders’ only solution is to join an alliance that already has a great reputation. Being part of a network means your services are validated and you offer your clients the highest standards of quality.
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Posted by on Jan 21, 2016 in Real Estate | 0 comments

Tips for buying commercial real estate

Tips for buying commercial real estate

Buying commercial property is a great investment and even though it is possible to make a lot of profit from your purchase, you should be very meticulous and analyze various factors before you commit to a property. Depending on the type of building you want to invest in, you might come across a specific set of challenges. If you are plan to invest in Arizona, you can overcome these challenges by working with a professional commercial property agent Arizona, who can offer you bespoke advice on long term investment strategies and help you avoid common mistakes. Here are the top tips that you should follow if you want to avoid an unsuccessful commercial property purchase.

 

Analyze the risks

 

Some properties are clearly profitable, but in the world of real estate there is no such thing as a risk free purchase. The key is to assess the strengths and weaknesses of each building and settle on the one with the fewest risks. For example, location is one of the most volatile criteria when it comes to purchasing commercial property, so it can classify as a risk, because an area that is trending today might not be as easy to lease in ten years.

 

Work with a team of real estate experts

 

Commercial property is a complex topic and you should avoid taking decision yourself. For best results, hire a team of experts to help you manage your investment. This team should include a commercial property agent (to locate the best properties), a lawyer (for negotiations and potential legal issues), an accountant (for all transactions and financial matters) and a mortgage broker (for managing the real estate loan).

 

What type of property should you buy?

 

There are many types of commercial properties that you could invest in and they can all help you make profit as long as you choose the best location and manage them properly. However, each types comes with benefits and drawbacks, so make sure you ask your agent about each one. Several examples include: buildings in office parks, which you can then rent out to small companies, industrial warehouses, malls and shopping areas, and hotels. When deciding on what property type to buy, keep in mind that your profit depends on the location and the buildings surrounding your property. Do not buy a specific property just because you have invested in it before and you are familiar with it. Each local market is different, so talk to a professional real estate agent before you commit to anything.

 

Inspect the property

 

Once you have looked at numerous properties and decided the one you want to buy, conduct a thorough inspection to make sure that it is not damaged or that it has structural flaws that require a price reduction. In addition to looking at the physical condition, make sure you also check exterior aspects, such as parking, building restrictions and neighboring buildings.

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Posted by on Dec 15, 2015 in Real Estate | 0 comments

How to succeed with real estate investment

How to succeed with real estate investment

 

Typically, people who invest in the purchase of new homes and condominiums end up paying a large sum of money because they have failed to qualify for the rebate built into the price of the unit. This is not at all an uncommon scenario. What happens is that investors who purchase new residential units are limited by a single requirement. More precisely, they have to use the unit as a primary residence. For this reason, more and more investors are put in the situation of losing their income. However, it is still possible to claim the HST new housing rebate. The fact is that the shareholder has the same rights as people who intend to use the new home as a primary residence.

HST payable on the property

When investing in real estate you are generally confronted with many costs, one of them being the HST that is payable on the residential property. What happens most of the time is that builders forget that properties that have undergone serious renovation are actually considered brand new, meaning that the HST is applicable at the time of the sale. From the point of view of the Canada Revenue Agency, new means that a condominium is about 90% renovated. In addition to this, the notion of new can also apply to properties that are converted to residential rental properties. Owing to the fact that the builder is not allowed to claim the refund. The shareholder will have to pay extra money on closing. The HST liability on a rental property represents a huge strain for investors since they do not have the sale proceeds to apply to the tax.

Deal with this unfortunate scenario

To make sure that you are well-intended, the Canada Revenue Agency will require a one-year lease to be eligible to claim the refund. Therefore, it is necessary to have your tenants occupy the condo for at least one year as their primary residence and meet certain specifications, such as being self-contained with living areas. While this may seem like a lot of trouble, once you see the numbers you will reconsider. More precisely, you can receive a refund of about $24, 000 after the purchase. As long as you expect to meet the criteria of the program, there is no reason why you cannot claim the refund.

You don’t have the HST money

Taking into consideration that paying the HST upfront can be expensive, you will have to look for sources of financing. Both individuals and corporations can claim the reimbursement. One possibility is to go straight to the bank to get the money. Even if the bank will not provide a loan specifically created for HSYT rebates, there is the possibility of obtaining money for tax related purposes. On the other hand, investors may be required to use third-party companies that can claim the refund on their behalf. Just keep in mind that the Harmonized Tax Sale was not meant to pose difficulties for people, but rather to help the real estate industry.

 

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