Tag: much

What Is A Business Analyst And How Much Do They Make? #business #english

#business analyst salary

#

What Is A Business Analyst And How Much Do They Make?

Over the last few years, the generic job title of business analyst has become popular in multiple industries. Although job duties can vary immensely, in the most general terms, business analysts work within a business or organization to identify and implement improvements to help a business achieve its goals. The title of business analyst can describe both entry-level workers and tenured professionals and compensation varies accordingly. This article discusses the work, compensation, and outlook for business analysts.

The Basics of Business Analysis

Business analysis is a disciplined, structured, and formal approach to analyzing a business process, identifying improvements, and implementing changes so that the business can better achieve its goals. It is based on facts, figures, and observations.

The International Institute of Business Analysis provides this job description, “A business analyst works as a liaison among stakeholders to elicit, analyze, communicate and validate requirements for changes to business processes, policies and information systems. The business analyst understands business problems and opportunities in the context of the requirements, and recommends solutions that enable the organization to achieve its goals.”

Business analysts can serve in many functions in almost any industry. For example, a systems analyst is a business analyst that focuses on how to best use technology to solve problems and improve outcomes. Other job titles where an employee perform business analysis include data analyst, solutions provider, change agent, requirements manager, specifications writer, researcher, product owner, product manager, or management consultant.

Business analysts may perform quality assurance, requirements gathering, documentation, or client support. They may also specialize in improving sales, by focusing on pre-sales, customer service. client relationship, and account management. Business analysts may also be very internally focused on process improvements within an organization and coordination across multiple departments and stakeholders.

Some qualities of a good business analyst include the following:

• Good listening skills

• Openness to change

• Adept in multitasking

• Expertise in prioritization, based on needs of multiple stakeholders

• Good negotiation skills, to seek timely buy-in on important decisions and prioritization from all stakeholders

• Identifying process improvement opportunities which can lead to efficiency and output improvements

Education and Career Path of Business Analysts

A bachelor’s degree or higher is required. Possible majors include finance, technology, management, and accounting. Because of the number of skills required, most business analyst positions are not open to new college graduates. Most business analysts attain their first position after a few years in a related position such as data analyst, functional analyst, systems analyst, business requirements analyst, or financial analyst.

The career path of a business analyst can include becoming a senior business analyst, a business analyst specialist in specific areas (such as SAP, Agile, or ScrumMaster), a business manager, a business architect, an enterprise architect, and finally a director or VP-level position. Other experienced business analysts become independent consultants, taking assignments on contract.

Almost any industry can employ business analysts, but most jobs are in information technology or management consulting firms. Other industries include accounting. investment banking. finance. and market research.

Salary and Compensation for Business Analysts

Compensation varies widely and is determined by the factors like location, experience level, and industry. For example, a business analyst working in a large New York-based investment bank will earn more than a business analyst performing market research for an automobile company in Michigan. Candidates who specialize in a specific technology (like SAP) may command higher premiums. Below are the average salary ranges and bonus percentages for business analysts.

  • Entry Level: $40,000 to $70,000 with up to an 8 percent bonus
  • Mid Career: $55,000 to $95,000 with up to a 10 percent bonus
  • Senior Level: $70,000 – $150,000 with up to a 10 percent bonus
  • Overall U.S. Average: $45,000-$110,000 with up to a 10 percent bonus

Business analyst is a general title for many different job functions in almost any industry. A good candidate should have an undergraduate degree and several years of work experience in the area of business analysis that he or she is interested in. Candidates can also take business analysis certifications courses like those from the International Institute of Business Analysis.





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How Much Can You Make with an ATM #business #card #holder

#atm machine business

#

How Much Can an ATM Machine Make

How much you can earn in the ATM Business depends on where the ATM is located and if it is needed. The main thing to remember about the ATM Business is that it’s just like real estate. Location, Location, Location.

ATM’s can be installed anywhere in the USA. Inside or outside any retail merchant location including but not limited to Restaurants, liquor stores, convenience stores, fast food restaurants, quick service restaurants, casual dining, bars, night clubs, train stations, football or baseball stadiums, concert venues, adult themed locations, Hotels, Hospitals, Condo complexes, Apartment Complex, High Rise Apartment Buildings, coffee carts, mobile events, mounted in trailers, mounted on the back of food trucks, you name it. Anywhere people need access to cash, an ATM can make you a passive income .

If you answer yes to any of these questions, Get our new book The Amazing Money Machine on Amazon now.

  • I m a retail merchant looking to increase profits.
  • I m an entrepreneur looking for a new business opportunity.
  • I m an investor looking to diversify and maximize annual returns.
  • I already operate an ATM Business and I want to put more money in my pocket.
  • I m an individual looking to make some passive income and would like information about the ATM Business.
  • I m an individual, business owner, or part of a group that has locations that need ATMs.

How much can an ATM make?

Well, It’s all about foot traffic, a reason to need money, and other available payment methods. Sometimes just having a lot of people walk by or see the ATM can mean the difference between a good

The ATM Industry has a “rule of thumb” formula that many Independent ATM Deployers “IADs” use as a general rule to determine if a location would be a good candidate for an ATM machine. There are two different schools of thought on this rule, and obviously since there are many unknown variables, no location is a guarantee using these formulas but it’s better than a WAG (wild ass guess).

    • The first rule of thumb, or formula says that 3 – 5% of people that actually see an ATM machine in an establishment will likely use the ATM. Say for example, your location has an average of 200 customers visiting each day. One would expect, or speculate that approximately 8 of those 200 people would use that ATM daily.
        • You could then take those 8 people, multiply it by the amount of surcharge, then take that figure and multiply it by the number of days of business (how many day’s the location is open) in the year. This will give an ATM owner, or perspective owner, an estimate on how much revenue could be generated from the machine in a year’s time.
        • However, most ATM business owners want to calculate monthly revenue and income.
    • The 2nd rule of thumb follows the norm that the number of adult patrons an establishment has in a given day, that same number plus or minus 10% will use the ATM on a monthly basis. I prefer this rule of thumb and if the establishment accepts credit cards or gives cash back at the point of sale (POS), the lower end of the rule would apply and it might even reduce the number by as much as 20% – 40%.
    • A similar formula is used for hotels or big commercial buildings. With hotels, we take the number of rooms, times the occupancy rate and apply the same plus or minus 10% rule. So if the hotel has 150 rooms with an 80% occupancy rate one might expect 110 – 135 monthly transactions, however if the hotel has any events or banquet rooms, that number would scale higher during those times.
        • Similarly with commercial buildings (office building for example) you might take the total number of employees working in the building and using the yearly formula based on how many days a year the companies occupying the building are open. If there is a cafe or for profit cafeteria in the building the estimates would be higher.

Think about it this way. Some of the best locations are where there is a high need for cash and no credit cards are accepted. Swap meets, events, and street fairs, are all great but very temporary. That would be a mobile ATM business which we can also show you how to operate.

We’ll try to boil this down and make it simple. At the very least, if you’re a retail merchant, and you don’t already own an ATM, you could purchase the hardware from anyone (even from us) and once you set up the ATM processing it should at least pay for itself in as little as a few months.

You’ll also need a communication method so the ATM can talk to our processing center. You can choose from a dedicated standard phone line (but since it calls a toll free or local number you’ll just have the cost of the line, no tolls), Internet Service (if you have a high speed model or DLS with a router, you can hard-wire the ATM to your current internet), or you can choose our wireless cellular service which is often less expensive than a phone line and lightening fast.

With the advent of VoIP and certain devices if you have a computer close to the ATM you could potentially use a Magic Jack or other device as long as the ATM can hear a dial tone or pre-dial to get a tone (like dialing a 9, although not as reliable, it would still work). However, intermittent communications can cause more problems that they save you. If there is an issue with communications, transactions could be slow or worse they could be interrupted and customers would not receive money from the ATM getting upset.

If you have a fast internet connection and you purchase one of the new ATMs which includes internet processing, or get a separate wireless device ATMDepot can handle the rest for you. In order of ranking communications as far as ease, cost, and reliability.

    • Wireless Device is preferred and is the most reliable.
    • Next would be your own Internet service with a hard wire to the ATM Machine.
    • Lastly, a standard Dial up Phone line, but this method causes the most communication issues.

If you don’t have an ATM or are considering getting into the ATM business to earn some extra cash or a passive income, you just need to be sure that a minimum of at least 3 – 4 people per day would use the ATM every day (if available 7 days per week).

Obviously if you’re a retailer and are open 10 hours a day that’s just one person using the ATM every few hours. If you’re considering a through the wall machine that faces outside it will be available 24 hours a day but those machines need at least 8 – 10 people per day to make financial sense.

If you already have an ATM or are already in the ATM business and are looking to switch your ATM processing services (you need to check your current ATM agreement for termination clause) you could take advantage of our higher revenue sharing without any costs to you and put more money in your pocket.
If you don’t have an ATM, you can review our ATM Machine equipment options or call us for advice.

Let’s say for example you purchase the new Hyosung Halo. You can install it yourself, but we recommend you let us arrange to have a professional install it and train your staff. This ATM can use wireless communications technology which is under $20/mo so no phone line is required.

We also have a Triton ATM for under $2,500 and carry the full line of Hantle and Genmega ATMs. You will probably invest between $2,250 – $3,500 in good ATM machine by the time you’re done with professional installation, signs, or anything else extra you may want for your ATM Business.





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How much does it Cost to Start a Professional Photography Business? #business #consulting

#photography business

#

How much does it Cost to Start a Professional Photography Business?

Photography has become one of the in trends right now. Every special event in a person s life needs a photographer to capture and make the moments truly unforgettable.

So, do you want to go pro? Here are the estimated costs when you are starting your photography business:

Get a pro photography gear.

Of course, the most important thing to consider in your financial plan would be the cost of the camera and the accompanying accessories.

As a professional, you need to have at least two professional cameras. Camera glitch can sometimes happen and you don t want to add to the stress of your client when your camera malfunctions on that very event.

Your budget and gear will depend on what field of photography business you would want.

Buy the camera body but not the kit. You can replace the kit with cheaper versions .

If you are a wedding photographer, consider buying 2 Nikon D750 cameras for $2,000.00 each (total cost =$4,000.00)

If you are a portrait photographer, consider buying 2 Nikon D7100 cameras for $1,200.00 each (total cost= $2,400.00)

These recommended lenses will work fine on both cameras and less expensive version than the kit that comes with the cameras above:

Nikon 35mm f/2.0= $350.00

Nikon 50mm f/1.8 lens= $299.00

Nikon 85mm f/1.8 lens= $499.00

For wedding photographers, you may consider the Nikon Lens 70-200 f2/8: this will do the magic when the wedding is at night or in a dark enclosed church where there is a limited source of light or you cannot go that close to the couple. The cost is about $2,400.00.

Wedding photographers must have at least 2 flashes Nikon SB-700 (at $329 each) total= $658.00

Other essential accessories: memory cards, reflectors, light stands, flash triggers, camera bags ($500.00 to $ 1500)

Computer and software:

21 iMac Computer= $1299

2 external memory drives=$ 85 each total: $170.00

Lightroom and photo shop=$119 per year

This aspect is the one mostly neglected by newbies in photography business, making their business legal

Yearly accounting service: $300.00

Incorporating the business: $125.00

Photography contracts and attorney fee= $400-$2000

Because of the evolution of technology nowadays, people think that having a photography business is easy as taking a plunge.

Sure you may have an informal business at first but if you want to get paid like a pro, you must take your photography business to a professional level.

Related Posts:

Significance of UX design you should know

Social Media Trends for Photo Business in 2016

6 Tips to Promote Your Photography Business

Shelter Dogs Find Homes Through Photo Booth Photos

Starting Your Own Photo Booth Rental Business Part 1

How to Manage a Small Photography Business




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How Much Can You Make with an ATM #business #planning

#atm machine business

#

How Much Can an ATM Machine Make

How much you can earn in the ATM Business depends on where the ATM is located and if it is needed. The main thing to remember about the ATM Business is that it’s just like real estate. Location, Location, Location.

ATM’s can be installed anywhere in the USA. Inside or outside any retail merchant location including but not limited to Restaurants, liquor stores, convenience stores, fast food restaurants, quick service restaurants, casual dining, bars, night clubs, train stations, football or baseball stadiums, concert venues, adult themed locations, Hotels, Hospitals, Condo complexes, Apartment Complex, High Rise Apartment Buildings, coffee carts, mobile events, mounted in trailers, mounted on the back of food trucks, you name it. Anywhere people need access to cash, an ATM can make you a passive income .

If you answer yes to any of these questions, Get our new book The Amazing Money Machine on Amazon now.

  • I m a retail merchant looking to increase profits.
  • I m an entrepreneur looking for a new business opportunity.
  • I m an investor looking to diversify and maximize annual returns.
  • I already operate an ATM Business and I want to put more money in my pocket.
  • I m an individual looking to make some passive income and would like information about the ATM Business.
  • I m an individual, business owner, or part of a group that has locations that need ATMs.

How much can an ATM make?

Well, It’s all about foot traffic, a reason to need money, and other available payment methods. Sometimes just having a lot of people walk by or see the ATM can mean the difference between a good

The ATM Industry has a “rule of thumb” formula that many Independent ATM Deployers “IADs” use as a general rule to determine if a location would be a good candidate for an ATM machine. There are two different schools of thought on this rule, and obviously since there are many unknown variables, no location is a guarantee using these formulas but it’s better than a WAG (wild ass guess).

    • The first rule of thumb, or formula says that 3 – 5% of people that actually see an ATM machine in an establishment will likely use the ATM. Say for example, your location has an average of 200 customers visiting each day. One would expect, or speculate that approximately 8 of those 200 people would use that ATM daily.
        • You could then take those 8 people, multiply it by the amount of surcharge, then take that figure and multiply it by the number of days of business (how many day’s the location is open) in the year. This will give an ATM owner, or perspective owner, an estimate on how much revenue could be generated from the machine in a year’s time.
        • However, most ATM business owners want to calculate monthly revenue and income.
    • The 2nd rule of thumb follows the norm that the number of adult patrons an establishment has in a given day, that same number plus or minus 10% will use the ATM on a monthly basis. I prefer this rule of thumb and if the establishment accepts credit cards or gives cash back at the point of sale (POS), the lower end of the rule would apply and it might even reduce the number by as much as 20% – 40%.
    • A similar formula is used for hotels or big commercial buildings. With hotels, we take the number of rooms, times the occupancy rate and apply the same plus or minus 10% rule. So if the hotel has 150 rooms with an 80% occupancy rate one might expect 110 – 135 monthly transactions, however if the hotel has any events or banquet rooms, that number would scale higher during those times.
        • Similarly with commercial buildings (office building for example) you might take the total number of employees working in the building and using the yearly formula based on how many days a year the companies occupying the building are open. If there is a cafe or for profit cafeteria in the building the estimates would be higher.

Think about it this way. Some of the best locations are where there is a high need for cash and no credit cards are accepted. Swap meets, events, and street fairs, are all great but very temporary. That would be a mobile ATM business which we can also show you how to operate.

We’ll try to boil this down and make it simple. At the very least, if you’re a retail merchant, and you don’t already own an ATM, you could purchase the hardware from anyone (even from us) and once you set up the ATM processing it should at least pay for itself in as little as a few months.

You’ll also need a communication method so the ATM can talk to our processing center. You can choose from a dedicated standard phone line (but since it calls a toll free or local number you’ll just have the cost of the line, no tolls), Internet Service (if you have a high speed model or DLS with a router, you can hard-wire the ATM to your current internet), or you can choose our wireless cellular service which is often less expensive than a phone line and lightening fast.

With the advent of VoIP and certain devices if you have a computer close to the ATM you could potentially use a Magic Jack or other device as long as the ATM can hear a dial tone or pre-dial to get a tone (like dialing a 9, although not as reliable, it would still work). However, intermittent communications can cause more problems that they save you. If there is an issue with communications, transactions could be slow or worse they could be interrupted and customers would not receive money from the ATM getting upset.

If you have a fast internet connection and you purchase one of the new ATMs which includes internet processing, or get a separate wireless device ATMDepot can handle the rest for you. In order of ranking communications as far as ease, cost, and reliability.

    • Wireless Device is preferred and is the most reliable.
    • Next would be your own Internet service with a hard wire to the ATM Machine.
    • Lastly, a standard Dial up Phone line, but this method causes the most communication issues.

If you don’t have an ATM or are considering getting into the ATM business to earn some extra cash or a passive income, you just need to be sure that a minimum of at least 3 – 4 people per day would use the ATM every day (if available 7 days per week).

Obviously if you’re a retailer and are open 10 hours a day that’s just one person using the ATM every few hours. If you’re considering a through the wall machine that faces outside it will be available 24 hours a day but those machines need at least 8 – 10 people per day to make financial sense.

If you already have an ATM or are already in the ATM business and are looking to switch your ATM processing services (you need to check your current ATM agreement for termination clause) you could take advantage of our higher revenue sharing without any costs to you and put more money in your pocket.
If you don’t have an ATM, you can review our ATM Machine equipment options or call us for advice.

Let’s say for example you purchase the new Hyosung Halo. You can install it yourself, but we recommend you let us arrange to have a professional install it and train your staff. This ATM can use wireless communications technology which is under $20/mo so no phone line is required.

We also have a Triton ATM for under $2,500 and carry the full line of Hantle and Genmega ATMs. You will probably invest between $2,250 – $3,500 in good ATM machine by the time you’re done with professional installation, signs, or anything else extra you may want for your ATM Business.





Tags : , , , , , , ,

How Much Money Is Needed for a Car Wash Business? #free #online #business

#car wash business

#

Small Business

How Much Money Is Needed for a Car Wash Business?

Although a car wash may be a lucrative business earning as much as $900,000, according to Entrepreneur magazine, it is a business that requires thorough research, a lot of initial work and a large investment. This investment is dependent on the type and size of car wash you decide to build and whether you already have the property lot or not. Building a car wash can take approximately six months to complete, so you need money for administrative and other business expenses for the time you are working but not making any revenue.

Location

If you don t already have a location for the car wash, you need to purchase a vacant lot, as this will save you the extra expense of tearing down any built construction. The cost of this lot will vary depending on the size and its location. Preferably, you want to find something on a busy street near a large department store, strip mall and several residential neighborhoods. Because real estate in high-traffic areas is more expensive, expect this type of property to be more expensive than in other areas but also more profitable. Although this cost varies significantly from location to location and state to state, generally expect to pay at least $3 per square foot.

Construction

The car wash cost is also influenced by the construction size and type. The average construction is about 1,000 square feet but can be as large as 2,500 square feet. Although cost is a factor when deciding on the size of your construction, a more important consideration should be your potential growth. It is best to start with a construction facility larger than your needs, as this gives you room to grow or expand into other areas within the car wash industry. To get a better idea of the cost of construction, consider using prefabricated car wash construction builders, or consult local architects with car wash building experience to get an estimate on construction. Under-building your car wash results in a longer time for you to recoup your initial investment and opens an opportunity for a competitor to take away your customers by building a larger and nicer facility.

Equipment

To plan your budget as accurately as possible, consider the costs of equipment which, according to Inside Self-Storage, can have an approximate cost of $30,000 to $40,000 per bay, depending on the climate and state. However, this is just a general guideline and the cost of this equipment varies depending on the brand, the type of equipment and whether you are building an automatic or self-serve car wash. The best way to assess the equipment cost is to contact various local equipment distributors and compare prices for the equipment you want. Contact distributors through websites like Car Wash Distributors, Car Wash Network or A-OK Equipment. Also look through trade magazines such as Auto Laundry News, Professional Distributor or Modern Car Care to find equipment options and distributor options.

Cost Estimate

A car wash involves the cost of the lot, equipment and building construction. Some owners may be able to start with an initial investment capital of approximately $100,000 providing they already own the land where the car wash is built. Otherwise you can expect to invest approximately $80,000 per bay including the cost of the lot and the building construction.





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How Much Can You Make with an ATM #free #business #forms

#atm machine business

#

How Much Can an ATM Machine Make

How much you can earn in the ATM Business depends on where the ATM is located and if it is needed. The main thing to remember about the ATM Business is that it’s just like real estate. Location, Location, Location.

ATM’s can be installed anywhere in the USA. Inside or outside any retail merchant location including but not limited to Restaurants, liquor stores, convenience stores, fast food restaurants, quick service restaurants, casual dining, bars, night clubs, train stations, football or baseball stadiums, concert venues, adult themed locations, Hotels, Hospitals, Condo complexes, Apartment Complex, High Rise Apartment Buildings, coffee carts, mobile events, mounted in trailers, mounted on the back of food trucks, you name it. Anywhere people need access to cash, an ATM can make you a passive income .

If you answer yes to any of these questions, Get our new book The Amazing Money Machine on Amazon now.

  • I m a retail merchant looking to increase profits.
  • I m an entrepreneur looking for a new business opportunity.
  • I m an investor looking to diversify and maximize annual returns.
  • I already operate an ATM Business and I want to put more money in my pocket.
  • I m an individual looking to make some passive income and would like information about the ATM Business.
  • I m an individual, business owner, or part of a group that has locations that need ATMs.

How much can an ATM make?

Well, It’s all about foot traffic, a reason to need money, and other available payment methods. Sometimes just having a lot of people walk by or see the ATM can mean the difference between a good

The ATM Industry has a “rule of thumb” formula that many Independent ATM Deployers “IADs” use as a general rule to determine if a location would be a good candidate for an ATM machine. There are two different schools of thought on this rule, and obviously since there are many unknown variables, no location is a guarantee using these formulas but it’s better than a WAG (wild ass guess).

    • The first rule of thumb, or formula says that 3 – 5% of people that actually see an ATM machine in an establishment will likely use the ATM. Say for example, your location has an average of 200 customers visiting each day. One would expect, or speculate that approximately 8 of those 200 people would use that ATM daily.
        • You could then take those 8 people, multiply it by the amount of surcharge, then take that figure and multiply it by the number of days of business (how many day’s the location is open) in the year. This will give an ATM owner, or perspective owner, an estimate on how much revenue could be generated from the machine in a year’s time.
        • However, most ATM business owners want to calculate monthly revenue and income.
    • The 2nd rule of thumb follows the norm that the number of adult patrons an establishment has in a given day, that same number plus or minus 10% will use the ATM on a monthly basis. I prefer this rule of thumb and if the establishment accepts credit cards or gives cash back at the point of sale (POS), the lower end of the rule would apply and it might even reduce the number by as much as 20% – 40%.
    • A similar formula is used for hotels or big commercial buildings. With hotels, we take the number of rooms, times the occupancy rate and apply the same plus or minus 10% rule. So if the hotel has 150 rooms with an 80% occupancy rate one might expect 110 – 135 monthly transactions, however if the hotel has any events or banquet rooms, that number would scale higher during those times.
        • Similarly with commercial buildings (office building for example) you might take the total number of employees working in the building and using the yearly formula based on how many days a year the companies occupying the building are open. If there is a cafe or for profit cafeteria in the building the estimates would be higher.

Think about it this way. Some of the best locations are where there is a high need for cash and no credit cards are accepted. Swap meets, events, and street fairs, are all great but very temporary. That would be a mobile ATM business which we can also show you how to operate.

We’ll try to boil this down and make it simple. At the very least, if you’re a retail merchant, and you don’t already own an ATM, you could purchase the hardware from anyone (even from us) and once you set up the ATM processing it should at least pay for itself in as little as a few months.

You’ll also need a communication method so the ATM can talk to our processing center. You can choose from a dedicated standard phone line (but since it calls a toll free or local number you’ll just have the cost of the line, no tolls), Internet Service (if you have a high speed model or DLS with a router, you can hard-wire the ATM to your current internet), or you can choose our wireless cellular service which is often less expensive than a phone line and lightening fast.

With the advent of VoIP and certain devices if you have a computer close to the ATM you could potentially use a Magic Jack or other device as long as the ATM can hear a dial tone or pre-dial to get a tone (like dialing a 9, although not as reliable, it would still work). However, intermittent communications can cause more problems that they save you. If there is an issue with communications, transactions could be slow or worse they could be interrupted and customers would not receive money from the ATM getting upset.

If you have a fast internet connection and you purchase one of the new ATMs which includes internet processing, or get a separate wireless device ATMDepot can handle the rest for you. In order of ranking communications as far as ease, cost, and reliability.

    • Wireless Device is preferred and is the most reliable.
    • Next would be your own Internet service with a hard wire to the ATM Machine.
    • Lastly, a standard Dial up Phone line, but this method causes the most communication issues.

If you don’t have an ATM or are considering getting into the ATM business to earn some extra cash or a passive income, you just need to be sure that a minimum of at least 3 – 4 people per day would use the ATM every day (if available 7 days per week).

Obviously if you’re a retailer and are open 10 hours a day that’s just one person using the ATM every few hours. If you’re considering a through the wall machine that faces outside it will be available 24 hours a day but those machines need at least 8 – 10 people per day to make financial sense.

If you already have an ATM or are already in the ATM business and are looking to switch your ATM processing services (you need to check your current ATM agreement for termination clause) you could take advantage of our higher revenue sharing without any costs to you and put more money in your pocket.
If you don’t have an ATM, you can review our ATM Machine equipment options or call us for advice.

Let’s say for example you purchase the new Hyosung Halo. You can install it yourself, but we recommend you let us arrange to have a professional install it and train your staff. This ATM can use wireless communications technology which is under $20/mo so no phone line is required.

We also have a Triton ATM for under $2,500 and carry the full line of Hantle and Genmega ATMs. You will probably invest between $2,250 – $3,500 in good ATM machine by the time you’re done with professional installation, signs, or anything else extra you may want for your ATM Business.





Tags : , , , , , , ,

How Much Money Is Needed for a Car Wash Business? #buy #a #business

#car wash business

#

Small Business

How Much Money Is Needed for a Car Wash Business?

Although a car wash may be a lucrative business earning as much as $900,000, according to Entrepreneur magazine, it is a business that requires thorough research, a lot of initial work and a large investment. This investment is dependent on the type and size of car wash you decide to build and whether you already have the property lot or not. Building a car wash can take approximately six months to complete, so you need money for administrative and other business expenses for the time you are working but not making any revenue.

Location

If you don t already have a location for the car wash, you need to purchase a vacant lot, as this will save you the extra expense of tearing down any built construction. The cost of this lot will vary depending on the size and its location. Preferably, you want to find something on a busy street near a large department store, strip mall and several residential neighborhoods. Because real estate in high-traffic areas is more expensive, expect this type of property to be more expensive than in other areas but also more profitable. Although this cost varies significantly from location to location and state to state, generally expect to pay at least $3 per square foot.

Construction

The car wash cost is also influenced by the construction size and type. The average construction is about 1,000 square feet but can be as large as 2,500 square feet. Although cost is a factor when deciding on the size of your construction, a more important consideration should be your potential growth. It is best to start with a construction facility larger than your needs, as this gives you room to grow or expand into other areas within the car wash industry. To get a better idea of the cost of construction, consider using prefabricated car wash construction builders, or consult local architects with car wash building experience to get an estimate on construction. Under-building your car wash results in a longer time for you to recoup your initial investment and opens an opportunity for a competitor to take away your customers by building a larger and nicer facility.

Equipment

To plan your budget as accurately as possible, consider the costs of equipment which, according to Inside Self-Storage, can have an approximate cost of $30,000 to $40,000 per bay, depending on the climate and state. However, this is just a general guideline and the cost of this equipment varies depending on the brand, the type of equipment and whether you are building an automatic or self-serve car wash. The best way to assess the equipment cost is to contact various local equipment distributors and compare prices for the equipment you want. Contact distributors through websites like Car Wash Distributors, Car Wash Network or A-OK Equipment. Also look through trade magazines such as Auto Laundry News, Professional Distributor or Modern Car Care to find equipment options and distributor options.

Cost Estimate

A car wash involves the cost of the lot, equipment and building construction. Some owners may be able to start with an initial investment capital of approximately $100,000 providing they already own the land where the car wash is built. Otherwise you can expect to invest approximately $80,000 per bay including the cost of the lot and the building construction.





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What Is A Business Analyst And How Much Do They Make? #financial #markets #today

#business analyst salary

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What Is A Business Analyst And How Much Do They Make?

Over the last few years, the generic job title of business analyst has become popular in multiple industries. Although job duties can vary immensely, in the most general terms, business analysts work within a business or organization to identify and implement improvements to help a business achieve its goals. The title of business analyst can describe both entry-level workers and tenured professionals and compensation varies accordingly. This article discusses the work, compensation, and outlook for business analysts.

The Basics of Business Analysis

Business analysis is a disciplined, structured, and formal approach to analyzing a business process, identifying improvements, and implementing changes so that the business can better achieve its goals. It is based on facts, figures, and observations.

The International Institute of Business Analysis provides this job description, “A business analyst works as a liaison among stakeholders to elicit, analyze, communicate and validate requirements for changes to business processes, policies and information systems. The business analyst understands business problems and opportunities in the context of the requirements, and recommends solutions that enable the organization to achieve its goals.”

Business analysts can serve in many functions in almost any industry. For example, a systems analyst is a business analyst that focuses on how to best use technology to solve problems and improve outcomes. Other job titles where an employee perform business analysis include data analyst, solutions provider, change agent, requirements manager, specifications writer, researcher, product owner, product manager, or management consultant.

Business analysts may perform quality assurance, requirements gathering, documentation, or client support. They may also specialize in improving sales, by focusing on pre-sales, customer service. client relationship, and account management. Business analysts may also be very internally focused on process improvements within an organization and coordination across multiple departments and stakeholders.

Some qualities of a good business analyst include the following:

• Good listening skills

• Openness to change

• Adept in multitasking

• Expertise in prioritization, based on needs of multiple stakeholders

• Good negotiation skills, to seek timely buy-in on important decisions and prioritization from all stakeholders

• Identifying process improvement opportunities which can lead to efficiency and output improvements

Education and Career Path of Business Analysts

A bachelor’s degree or higher is required. Possible majors include finance, technology, management, and accounting. Because of the number of skills required, most business analyst positions are not open to new college graduates. Most business analysts attain their first position after a few years in a related position such as data analyst, functional analyst, systems analyst, business requirements analyst, or financial analyst.

The career path of a business analyst can include becoming a senior business analyst, a business analyst specialist in specific areas (such as SAP, Agile, or ScrumMaster), a business manager, a business architect, an enterprise architect, and finally a director or VP-level position. Other experienced business analysts become independent consultants, taking assignments on contract.

Almost any industry can employ business analysts, but most jobs are in information technology or management consulting firms. Other industries include accounting. investment banking. finance. and market research.

Salary and Compensation for Business Analysts

Compensation varies widely and is determined by the factors like location, experience level, and industry. For example, a business analyst working in a large New York-based investment bank will earn more than a business analyst performing market research for an automobile company in Michigan. Candidates who specialize in a specific technology (like SAP) may command higher premiums. Below are the average salary ranges and bonus percentages for business analysts.

  • Entry Level: $40,000 to $70,000 with up to an 8 percent bonus
  • Mid Career: $55,000 to $95,000 with up to a 10 percent bonus
  • Senior Level: $70,000 – $150,000 with up to a 10 percent bonus
  • Overall U.S. Average: $45,000-$110,000 with up to a 10 percent bonus

Business analyst is a general title for many different job functions in almost any industry. A good candidate should have an undergraduate degree and several years of work experience in the area of business analysis that he or she is interested in. Candidates can also take business analysis certifications courses like those from the International Institute of Business Analysis.





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How Much Money Is Needed for a Car Wash Business? #business #solutions

#car wash business

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Small Business

How Much Money Is Needed for a Car Wash Business?

Although a car wash may be a lucrative business earning as much as $900,000, according to Entrepreneur magazine, it is a business that requires thorough research, a lot of initial work and a large investment. This investment is dependent on the type and size of car wash you decide to build and whether you already have the property lot or not. Building a car wash can take approximately six months to complete, so you need money for administrative and other business expenses for the time you are working but not making any revenue.

Location

If you don t already have a location for the car wash, you need to purchase a vacant lot, as this will save you the extra expense of tearing down any built construction. The cost of this lot will vary depending on the size and its location. Preferably, you want to find something on a busy street near a large department store, strip mall and several residential neighborhoods. Because real estate in high-traffic areas is more expensive, expect this type of property to be more expensive than in other areas but also more profitable. Although this cost varies significantly from location to location and state to state, generally expect to pay at least $3 per square foot.

Construction

The car wash cost is also influenced by the construction size and type. The average construction is about 1,000 square feet but can be as large as 2,500 square feet. Although cost is a factor when deciding on the size of your construction, a more important consideration should be your potential growth. It is best to start with a construction facility larger than your needs, as this gives you room to grow or expand into other areas within the car wash industry. To get a better idea of the cost of construction, consider using prefabricated car wash construction builders, or consult local architects with car wash building experience to get an estimate on construction. Under-building your car wash results in a longer time for you to recoup your initial investment and opens an opportunity for a competitor to take away your customers by building a larger and nicer facility.

Equipment

To plan your budget as accurately as possible, consider the costs of equipment which, according to Inside Self-Storage, can have an approximate cost of $30,000 to $40,000 per bay, depending on the climate and state. However, this is just a general guideline and the cost of this equipment varies depending on the brand, the type of equipment and whether you are building an automatic or self-serve car wash. The best way to assess the equipment cost is to contact various local equipment distributors and compare prices for the equipment you want. Contact distributors through websites like Car Wash Distributors, Car Wash Network or A-OK Equipment. Also look through trade magazines such as Auto Laundry News, Professional Distributor or Modern Car Care to find equipment options and distributor options.

Cost Estimate

A car wash involves the cost of the lot, equipment and building construction. Some owners may be able to start with an initial investment capital of approximately $100,000 providing they already own the land where the car wash is built. Otherwise you can expect to invest approximately $80,000 per bay including the cost of the lot and the building construction.





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How much does it Cost to Start a Professional Photography Business? #business #management #courses

#photography business

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How much does it Cost to Start a Professional Photography Business?

Photography has become one of the in trends right now. Every special event in a person s life needs a photographer to capture and make the moments truly unforgettable.

So, do you want to go pro? Here are the estimated costs when you are starting your photography business:

Get a pro photography gear.

Of course, the most important thing to consider in your financial plan would be the cost of the camera and the accompanying accessories.

As a professional, you need to have at least two professional cameras. Camera glitch can sometimes happen and you don t want to add to the stress of your client when your camera malfunctions on that very event.

Your budget and gear will depend on what field of photography business you would want.

Buy the camera body but not the kit. You can replace the kit with cheaper versions .

If you are a wedding photographer, consider buying 2 Nikon D750 cameras for $2,000.00 each (total cost =$4,000.00)

If you are a portrait photographer, consider buying 2 Nikon D7100 cameras for $1,200.00 each (total cost= $2,400.00)

These recommended lenses will work fine on both cameras and less expensive version than the kit that comes with the cameras above:

Nikon 35mm f/2.0= $350.00

Nikon 50mm f/1.8 lens= $299.00

Nikon 85mm f/1.8 lens= $499.00

For wedding photographers, you may consider the Nikon Lens 70-200 f2/8: this will do the magic when the wedding is at night or in a dark enclosed church where there is a limited source of light or you cannot go that close to the couple. The cost is about $2,400.00.

Wedding photographers must have at least 2 flashes Nikon SB-700 (at $329 each) total= $658.00

Other essential accessories: memory cards, reflectors, light stands, flash triggers, camera bags ($500.00 to $ 1500)

Computer and software:

21 iMac Computer= $1299

2 external memory drives=$ 85 each total: $170.00

Lightroom and photo shop=$119 per year

This aspect is the one mostly neglected by newbies in photography business, making their business legal

Yearly accounting service: $300.00

Incorporating the business: $125.00

Photography contracts and attorney fee= $400-$2000

Because of the evolution of technology nowadays, people think that having a photography business is easy as taking a plunge.

Sure you may have an informal business at first but if you want to get paid like a pro, you must take your photography business to a professional level.

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