Cooking Up A Web Hosting Business?

Before you venture into the web hosting business a lot of factors need to be taken into consideration. One major and often overlooked part of the business is the ability to forecast growth. A web host must be ready for a positive growth swing before he even buys his first server. Once the hosting business gains popularity it will almost always generate additional business and preparing for the sudden influx of additional clients would be a key advantage. These will help the business to continue and not compromise its present clientele due to the sudden traffic which could bog down the whole system. In the event that additional traffic is foreseen, the web host should already be able to implement the additional hardware into the payload without affecting present operations.

A website must always have back up systems and should have a safe location away from physical hazards. Their equipment must be stored in state of the art facilities that prevent their system from breaking down due to environmental or mechanical failure. Maintenance and upkeep needs to be seriously considered to avoid sudden system failures. This is most important since a lot of the clients are using the web host service for e-commerce or for storing both personal and public information. Whatever happens, the show must continue. So goes the saying.

Needless to say extremely powerful systems must be invested upon including back up systems to keep the operation going round the clock. There should be outsourced areas where the customers can shift to sort of like temporary mirror sites that would be able to allow customers to retrieve important information while the main system is fixed and corrected. Some web hosts, in order to ensure that this will not happen, have facilities in multiple states all linked together each supporting each other so that if one breaks down the remaining can still handle the load.

The web hosts online presence should also be accounted for. Never mind that it’s not flashy as long as it is functional and has a lot of outstanding features. Post links that show certified write-ups or forums about the present customer satisfaction level of your web hosting service, this will entice hesitant customer to join the bandwagon. A barrage of positive testimony from existing clients can reinforce your reputation as a stable and reliable web hosting company.

You should then provide more of the necessary come-ons that web hosting companies are supposed to provide their customers. Features like lots of free space to store almost an unlimited supply of information on a case to case basis. Or some steep discounts when you bring in a friend as a client.

The number of customers and experience will always mark the trail for a web host. Try to keep your customers happy. Provide extra services or bonus incentives such as more domains or even unlimited domains, unlimited emails, free Yahoo credits or marketing credits. Offer to create a link to search engines and provide the needed exposure of your clients.

Finding The Best Home Based Business Online

Wouldn’t it be great to have a home based business online? You could earn all you need from the comfort of your own home, be home with the family all of the time, never have to spend another cent on transportation, be your own boss and get out of bed whenever you want!

A lot of people think this way but the truth is, these are negative goals, and negative goals are never enough. Negative goals are where you are aiming to avoid something (in this case, having to go out to work) instead of aiming at what you really want. To make a success of your home based business you will need to find out what you really want to do – not only what you don’t want to do.

There are a lot of ways to make money online and some of these can surely replace your current income or give you an income boost if you want to do this part time. But you need to find the right type on online home based business and preferably, find it right away before you start.

The worst thing that you can do is to keep trying one type of business and then another. All businesses take some time and money to get started. You almost always need some training in connection with your business, which will take some time and possibly some money. Many businesses require stock that you have to buy, or equipment that you need. You cannot expect to recover your initial investment if you give up and switch to another type of business every few weeks.

Even though online businesses are less likely to require stock, you are still likely to have to buy some extra things. For example when you switch from using your computer only for entertainment, to using it for your business, it becomes more important to have a backup of all your data that is on the computer. You would be surprised to know how often hard drives fail. So you will probably want to buy an external hard drive that you can connect to your computer to store your backup once a day or once a week.

The best way to begin with an online business is to decide what you want to do and then pursue that goal until it is making a reasonable profit for you, before you expand or switch to anything else. This means some thought and research before you first start up.

If you have space for storage and some money that you can use for stock, you may want to set up an online business that sells physical goods. If you do this, be sure to research your market thoroughly to know that you can make a good profit per item after considering all of your costs – not just the cost of the stock, but costs of running your website, shipping, insurance, telephone costs, packaging materials and any help you need for packing and shipping the items.

If you want to sell digital goods online, such as ebooks and software, you do not have the same shipping and purchase costs but you still need to know that there is a market for your products so that you are not wasting your time. Time is a very precious commodity in a home based business online so make the most of the time that you have!

Tenant Advocacy Opportunity in Commercial Property Investment

In commercial real estate investment property, the role of tenant advocacy is a significant opportunity for new business for real estate agents. Real estate agents need to seize this opportunity and work it as a specialised part of their market. The agents know the market, the rentals, and know the properties.

In tenant advocacy, the real estate agent works for the tenant and has them as the client. This is a deliberate shift from the normal work that a real estate agent will do with a landlord in letting vacant space. Most particularly tenant advocacy is a real and significant service for corporate businesses that require relocating.

In normal circumstances corporate tenants consult with their solicitor to assist them with the lease and relocation process. In real terms, the solicitor will usually know nothing about the property market and only becomes useful when legal documentation is to be prepared.

The tenant advocacy service is therefore a specialised offering for the corporate customer requiring new premises. In this market, as we adjust to a new commercial real estate cycle, the movement of businesses and corporate tenants is becoming more frequent and will remain so for the next couple of years. The corporate real estate customer will be looking to seize the opportunity of new premises at realistically lower rentals. At this point in time, landlords are still under pressure to find tenants in many locations. This produces lower rentals, higher incentives, and tenant favourable lease documentation.

Tenant advocacy, as a specialised service offered by a real estate agent to a tenant, effectively costs the tenant nothing when handled correctly. This is because the real estate agent provides real savings through market intelligence and negotiation skills. The tenant pays for those skills through commissions. They get the expert they require for finding the new premises.

For some property agencies, this is a significant shift in mindset; they would normally work for the landlord. This can also provide difficulty if they work for landlords in a smaller precinct or real estate market. In a larger property market it makes no difference.

If you are in a smaller property market, or are worried about the impact of working for tenants specifically, the best way forward is to appoint a specialised staff member who will focus only on this tenant advocacy market segment and therefore not cross over to the landlord client relationship. Conflict of interest is therefore reduced, although it should be said that the tenant as a client should never be introduced to a property that is listed with your real estate agency from the landlord client relationship.

The fees paid for a tenant advocacy service by the tenant can be saved many times over when the work is done well. Consider the following situations where savings can be made.

  1. You can ensure that the tenants do not lease too much space. Space allocation is a simple equation based on the number of people plus an allowance for future expansion. An architect can always advise regards the space allocation needed for the fit-out design. Negotiations on rent will be supported by your market experience and comparable evidence. You will also know how to package the rent in a tenant favourable way for the term of the lease.
  2. Every tenant will have key needs in the process of relocating. These can be identified and then applied to a time line and cost control process. Moving businesses takes strategy as well as cost controls. Is not just a matter of the rental that the tenant will pay for the premises, but rather the end result that you achieve together with the lease controls and rental escalations.
  3. In relocating a tenant, there are some results or costs that they will want to avoid. That could be through downtime in the relocation process, inconvenience to business operations and staff, or inconvenience to customer access. Communications systems in the move such as Internet, and telephone, and all correspondence systems will need to be maintained in the relocation process. Good tenant advocacy maintains this process well.
  4. Project management is a good way to minimise expenditure in the relocation process. The business will also have an optimal time of year where relocation is more feasible and less impacting on the sales and supply line that the business operates within.
  5. New leases can have certain traps which can involve great expense to the tenant. Most particularly they can be rent review structures, outgoings recoveries, provisions for tenant relocation in a refurbishment, tenant exit provisions in times of renovation or demolition, make good requirements at the end of lease, and default provisions impacting the tenants throughout the lease term.

Given the above key points, a property agent can bring real service to a tenant when they need to relocate. The savings are real and significant. This is the foundation for a professional tenant advocacy service.