globe-2371898_640Global business is another term for international trade. Long-distance trading dates back to the Stone Ages. Although not technically “global,” this exchange of goods over long distances had the same characteristics as international trade. Global business also refers to the act of doing business in more than one area of the world. There are many companies that fall under the category of global businesses including Google, Abu Sahiy and eBay.

Studying Global Business

International business is always expanding and evolving. More and more businesses are global. A growing number of companies are conducting business on a global scale from trading to transport and other commercial operations. An internal business degree can act as a springboard for securing a job in the global business market or taking your own business internationally.

Students learn how business is conducted at home and in other countries. They study ways to take local business global and how to serve customers in international markets. You may encounter courses in strategic planning, policy analysis and government relations. As a student of global business, you will study other cultures so you can better understand the implications of expanding into international territory. You will also learn ways to manage multinational businesses.

Economies and markets worldwide are interconnected. The internet has opened up international connections and made the transfer of goods, capital and services easier than ever. Business is not heading towards globalization, it is globalized. Even small businesses are exchanging goods and services internationally. This requires a knowledge of different cultures and the best way to sell products and promote services within these cultures.

Think Global

If you plan to grow your businesses at all, you should be thinking about globalization from the start. For many business, operating globally is inevitable especially software companies and businesses dealing in commerce. You should be thinking now about potential customers, partners and countries that might help you grow your business in the future. Developing an awareness of the international market will prepare you for any opportunities that might arise.

According to Wells Fargo, 69-percent of U.S. businesses have gone global. Advanced technology and the internet have broken down the previous barriers of communication and slow logistical processing. Adopting a global mindset from the beginning could reap you significant financial benefits in the long run. Expanding to other countries provides you with more resources as well as a larger customer base. Developing countries benefit from this expansion, too. The introduction of new jobs and sales helps grow their economy.

It isn’t necessary for your business to launch globally. There are enough hurdles to overcome as a start-up to through international relations into the mix. It is important to think globally from the outset.

  •       Research: Keep your finger on the pulse of your market internationally. This means researching the global landscape. Watch how competitors are performing in other countries. Compare their strategy to yours. By knowing what is going on in the international market, you will be able to choose the right time to expand into other countries.
  •       Employees: The internet has provided a unique opportunity for businesses to hire the best employees from around the world. Hire international employees when feasible. Such a diverse staff will bring added perspective to your company. A diverse workforce provides a source for internal knowledge about different countries. You can quickly learn firsthand knowledge about cultures and developing markets.
  •       The Cloud: Cloud-based computing is no longer a thing of the future. Build your data and IT infrastructure in the cloud. This will prepare you for expansion when the time comes. By building a business that is prepared for growth, it will come easier. Logistical obstacles will be reduced when the time to go global arises. Cloud-stored data is accessible from any location. This will also help with your international employees.

Start Locally, Think Globally

This mindset is indicative of what it means to keep your head in the global market while you build your business locally. Businessmen like Timur Tillyaev capitalizes on the benefits new technology allows in the business world. He and his wife are rarely in their home country of Uzbekistan, yet he has remained a prominent shareholder in the trade and transport company Abu Sahiy.

This is the kind of flexibility thinking globally allows. Traveling to different countries actually brings advantages to your business. By studying different cultures, you have a better idea of what will work and what will not when the time comes for expansion. Keep your company grounded in the local economy while staying up-to-date on the global market.

The business world is growing smaller every day. We are able to communicate internationally in a way that was previously impossible. As an entrepreneur, you need to constantly be aware of market potentials. These days a lot of opportunities lie in faraway lands. Consider taking some courses in global business. Implement strategies that give you a competitive edge as an international business contender. Be prepared for opportunities and take advantage of them when they present themselves.

services-762103_640Ductless A/C is definitely a solution for all homes to have and are filled with tons of benefits. From making your home energy efficient and keeping where you want cool rather than wasting the air all over the home. But when is it the ideal situation for ductless? Here are 5 times a ductless A/C is the solution!

No existing ductwork

If you are buying a home with no ductwork or just built a home with no ductwork don’t panic. Adding ductwork to your home with no ductwork is very expensive and the best thing to do in this situation is buying a ductless A/C. They are not cheap but it is most certainly cheaper than having ductwork done in your entire home. You can see average cost of ductless units here.

Thermostat drama

Do you find your family constantly fighting over the thermostat? Have you come to the realization that it isn’t your family that’s causing the drama it’s the thermostat? Chances are high that your thermostat is causing all the drama. Going ductless is the solution in this case. Ductless A/C is ideal for creating independent temperature zones in different rooms. You no longer have to deal with the thermostat drama because in one room it’s colder than the other!

Single room cooling

Let’s say your kids moved out or maybe you realized that your family doesn’t use the rooms that are being constantly cooled with your central air conditioner. Either way you want to eliminate this problem, because you have realized that your energy bill is up the roof! The solution is ductless A/C. You no longer have to worry about your energy bill going to the extreme side because with ductless A/C you can control which room you want cooled or which room you don’t want cooled. The worst thing you can do is shut off your HVAC grilles in the empty rooms because this creates pressure imbalances and mold problems which can be a pain to get rid of.

Garage, sunrooms, new additions

Whether you are building a new garage sunroom or maybe even a “man cave” it can be very costly to continue your ductwork to reach the room and it’s way too hot to stick a fan in there so what can you do? Ductless A/C is the solution once again. The last thing you want is spend money on ductwork to connect the man cave when the guys decide to smoke an occasional cigar and the smoke goes throughout the house. The main benefit of ductless here is that it will be properly sized for the new space and you won’t have to steal air from other rooms. You also won’t be overloading your old HVAC system.

Broken HVAC system

Don’t even bother paying a ton of money to fix your HVAC system. If the system itself is broken or the ductwork is poorly made as you soon realized, don’t bother because it will cost a whole lot more money to replace and redo than it will to just add a ductless A/C to the mix. In this situation you can turn to a good ol’ ductless A/C!

The bottom line

Your comfort, humidity, and long-term reliability should all be factors in making the smart decision of going ductless. Consider those situations something of the past because from here on forward you will not have to deal with any of these situations you have been dealing with. It’s time to think of the future and it’s time to save money in the long run, go ductless!

dog walker, jobs for dog lovers, rover.comToday we have a guest post for you from Casey Dickson, community member. Rover is the nation’s largest network of 5-star pet sitters and dog walkers.

When it comes to touting the benefits to dog sitting or walking on we could expound for days—but that wouldn’t leave us with any time to play with dogs. So to save us—and you!—time that’s better spent earning extra cash the best way we know how, we thought we’d go ahead and expand on what Rover has to offer in the way of is-this-really-a-job jobs, and why they’re so fantastic.

Dog walking, dog sitting, and doggy daycare: take your pick.

The gigs available on Rover are not only plentiful for when you need the extra income, but they vary according to what you can accommodate, and the kind of care you’re able to provide. If your house or apartment doesn’t allow dogs for overnight stays, go to clients’ homes and give pups the much-needed exercise their parents don’t always have time for during the busy work week. For dogs that simply can’t be left at home alone, and who have parents who can’t take them into work, doggy daycare is a fantastic service. And if your home and schedule are flexible enough to take on all these kinds of dog-gig opportunities, there are many pet parents out there (along with their furry friends!) who will greatly appreciate it.

Service tailored to what you’re comfortable with.

Rover doesn’t subscribe to a one-breed-fits-all philosophy, which means you only care for dogs you feel at ease around, and in return, the pups get to feel the same way. When you create your Rover profile, you get to specify exactly what types of dogs—breed, size, age—you feel safe and happy around.

The opportunity to grow your client base.

Once you care for a Rover pup and get a five-star review from its happy parent, the chance is highly likely that they’ll stay in touch with you and ask you back for future gigs. So while the Rover community is gig-based, there’s no dearth of opportunities—new and returning—to make a little extra cash.

Which brings us to…

The green part of the equation. Rover gives you an excuse to tear yourself away from your day job (or recreate your day job) and pad your bank account with cash you earned from hanging out with pups. We dare you to name a better side gig than that.

Do Wellness Programs Actually Save Money?

August 3, 2017

The rising costs of healthcare have been a fairly hot topic in the news as well as the political arena for the last several years. With insurance premiums at an all-time high everyone, including employers, is trying to save where they can. One of the ways employers have come up with to combat the out […]

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The Best Debt Forums

August 1, 2017

Most Americans are plagued with some kind of debt. According to a report from WalletHub, in this year’s first quarter, the average American household owed $8,038 in credit card debt, which is a six percent increase from 2016’s Q1. In fact, we closed out last year with $89.4 billion in debt. A NerdWallet study found […]

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How You Can Save Money while Buying Glasses and Have Fun Doing It?

July 31, 2017

How do you usually buy your glasses? You visit your local ophthalmologist and he gives you a prescription. You either pick up a pair of frames and select lenses from the ophthalmologist’s little store or you head down the mall to pick out from more styles, to then have your glasses made for you the […]

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Motif Review

July 18, 2017

Back in the day, people used to call up their investor to let them know what stocks to buy, and then floor brokers would shout out trades in the trading pit. The dawn of internet has put the old-school investment practices to rest, and now everyone trades by the light of their glowing screens. Within […]

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How to Invest in Yourself

July 11, 2017

You are your biggest asset, so what’s stopping you from investing in yourself? Setting goals for yourself and honoring your passions are the best ways to build ‘self-worth.’ Sometimes we just get too caught up with chasing professional and financial aspirations that we forget to spend time on ourselves. There are millions of opportunities in […]

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Finance Tips That Will Change The Way You’ve Been Thinking

July 10, 2017

No matter how well you think you know to budget and handle your money, it is always a good thing to read or hear a tip or two on this. The secret formula to managing your money perfectly is non-existent. It is highly subjective and dependent on person’s needs and affinities whatsoever. Nevertheless, check out […]

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