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3 Ways to Attract More Customers to Your Business

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Marketing is a hard game to get into when running your own business. Analysing current trends, doing research in your area and finding professional help are all taxing things to attend to when you’re looking to increase your business’s exposure. This is all made even harder in the year of 2020. That’s why we’ve made a list below of three things you can do to attract more customers to your business:

Make/Update Your Website

If you haven’t made one already, your business should have a website. This may seem very basic, but there have been countless occasions where customers have wanted to look into a business but found them to have no online presence. Your website should be a complete package of everything your business offers and why people should give you their custom. On top of this, updating your website regularly will keep it fresh. People will want to frequently check what changes you have brought about, and it shows that you want to keep a connection with your customers.

If you feel that you’re in need of help with your SEO (Search Engine Optimisation), then look no further than Caffeine Marketing. They are a marketing agency Reading based, that can help you improve your business’s visibility. They utilise technical analysis and keyword research that is personal to your needs. Getting help from professionals in this area will completely change the game for you. An ever-adapting online presence will bring in more customers that want to see what you’re about.

Social Media

Showing yourself and your business on social media platforms adds a more human experience to your company. Giving people a look behind the curtain shows you to be more than a logo and masthead. Displaying your company as a people run company, grounds it for potential customers. You can also run competitions on social media platforms to increase your followers and notoriety. This is an especially useful technique if you are a product-based business, granting a greater exposure to what you sell and enticing people into trying to win it! If you’re looking to get started, then Facebook and Twitter are the obvious first choices. Make sure to link your posting to each site so no follower misses out.

Improving Your Look

An attractive business is a thriving business. Having a strong and recognisable logo is beneficial to much more than just your aesthetics. Having a good logo can grab the attention of casual browsers. When we see something pretty, our brain wants to investigate! You can summarise your business in a small image, keeping in mind that first impressions are very important. They stick with us whether we like it or not. So, if you feel like your look needs sprucing up, it’s definitely worth getting in touch with a graphic designer. There we have it. Increasing your customer numbers this year can be as easy as updating your website, adding a Twitter page to your portfolio or giving your logo a makeover. Stay positive and stay productive. People enjoy others’ passion. So, enjoy yourself and look forward to where this could take you.

Does Contact Centre Technology Enhance Customer Experience?

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Customer experience in the UK is the lifeline of any business. When your customers’ needs and expectations are met, you’re more likely to improve customer satisfaction levels. This is important in predicting customer loyalty, retention and the product repurchase rate. Data gathered through customer interactions is critical in helping you improve or recreate customer experience. 

Although contact centre software helps to ensure customer interactions, that is not all. You can leverage this technology to improve customer experience in the UK. Here are five ways call centre technology can improve customer experience:

  • Contact centre software allows you to track employees’ performance

One of the challenges of running a call centre is being able to monitor the performance of your agents. Well, contact centre technology makes this possible for you to track your employees to ensure they’re performing according to the set standard. You can also use this software to identify problems your callers may be having as well as get insight into product enhancement and development.

  • Meet your customers’ needs

You can only improve customer experience when you have a good understanding of what they need. You can analyze the data generated from the contact centre solutions to establish what customers like about your service, the issues they are facing and the grey areas. Armed with this information you can then create a standard procedure that is tailored to address specific needs. Contact centre technology also helps to speed up the resolution process so that customers know you care about what they need.

  • Shortens onboarding period

When you bring in new agents, their attitude is critical to how they perceive the business. Call centre technology helps to manage the onboarding process so that they are efficient and effective when engaging callers and offering custom solutions to their issues. This technology gives new hires access to the information they need to seamlessly fit in your operations. You can use call recordings as to train and coach new hires on how to handle callers who call with certain needs. This minimizes chances of then being unable to address caller’s needs that have been previously addressed.  

  • Enhances communication with team members

Call centre technology presents a perfect opportunity for you to have constant communication with your employees. While they (agents) are constantly talking to callers and providing solutions to their concerns, you need to communicate with the agents regularly to understand the emerging issues and effect necessary changes for your procedures. This is important because it boosts their motivation.

Why Improve Customer Experience?

You have likely spent some time designing customer feedback especially if you have a call centre. This is a sure way of ensuring you maintain customer expectations and retention. Here are three reasons why you should improve customer experience in the UK:

Increase up-selling and cross-selling. When customers are satisfied with how your agents responded to their concerns, they will become repeat customers. Moreover, when talking to clients on the telephone you are likely to identify an opportunity to upsell. 

Improve customer satisfaction. One of the reasons why businesses invest in having a call centre is to draw in more business. When clients can talk to your agents at any time of the day and have their issues handled, they will have a higher level of customer satisfaction that will result in more business not just from them but also others.

Better customer retention. Customers appreciate it when you show a level of concern for their needs. When customers are impressed by the customer experience they receive, they soon become raving fans that are guaranteed to give you repeat business. 

The importance of contact centres in enhancing customer experience in the UK can’t be overlooked. You need to have the right tools to stay ahead by having a team that is trained and can identify the needs of clients or improvements. With the fast-changing nature of technology, you need to consider investing in  Contact centre as a Service (CCaaS) solution. This means that you only purchase the technology that you need and you can access it from wherever you are. 

Consequently, you don’t have to worry about making significant investments whenever there is a software upgrade. Moreover, these options let you save on money you’d have spent on IT infrastructure and support staff yet you’re still able to tap into all the benefits of using the software and more. When you invest in contact centre software from a reputable provider, you can be sure to turn around customer experience for your clients for good.

Why is it worth playing at an online casino

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The casino is a popular entertainment that has been in demand for many years. Previously, these were special establishments that were fashionable to visit, but now they are online platforms with colorful slots, which are just as exciting and capable of winning. You can find a suitable option in the reviews like here https://www.nongamstopsites.co.uk/. They are regularly compiled by third parties. There are numerous ratings by which you can determine the most suitable option. Online casinos are a convenient way to have fun and make money.

Demand for online casinos

The constantly growing demand for online casinos is explained by the high probability of winning without large investments and complex requirements. It is the provision of loyal conditions for players that gives them many opportunities in the world of gambling. Members become regular users and receive regular income. Some people completely switch to this type of earnings, refusing to attend work.
This type of income gives members a lot of freedom in terms of personal time. Visiting an online casino is not bound by any boundaries. You can play at any convenient time. For example, those who like to sit in an online casino at night or in the evening can fully devote their day to family, friends, and personal affairs without prejudice to earnings. The player is given freedom of action, which is almost impossible with official employment.

Pros of online casinos:

  • Easy income;
  • Choosing a convenient time for participation;
  • Convenient access;
  • 24/7 work;
  • Constant customer service;
  • A real replacement for formal employment;
  • Clear rules of the game.

Many become interested in and play in online casinos when they reach the age of majority, as there are numerous entertainment with parallel income generation. There are many gambling sites now. This creates high competition. Due to this, everyone wants to create the most comfortable conditions for the participants in the online casino. These privileges provide players with the opportunity to generate additional income.

Bonuses

It is the bonuses that provide the opportunity for additional income. These are the so-called gifts that are provided under the minimum conditions. For example, a player can register and receive a bonus even without making a deposit. Such a prize is common. After all, it gives the player the opportunity to try his hand at participating without spending a cent. There are also many other types of bonuses.
Each online casino offers individual conditions for receiving prizes and their spending. But most sites offer similar bonuses. This can be incentives for making a first or subsequent deposit, cashback for regular participants or a birthday prize. Received bonuses can be spent on free spins without spending personal money. With this, you can become the owner of an attractive income.

How to choose an online casino to play?

You can choose a suitable site that meets your personal requirements through review sites. They contain the advantages and distinctive features of each casino. From the reviews, you can understand which gambling site is most in demand in a given period of time. They usually look at new online casinos that are capable of offering attractive terms of participation. More experienced sites, which are the favorites of many players, can also be sorted out.

What to look for when choosing:

  • Speed of withdrawal and deposit of funds;
  • The terms of participation;
  • The quality of the site graphics;
  • Provision of bonuses and participation in the loyalty program;
  • The presence of tournaments, lotteries and promotions.

There are many criteria to consider when choosing an online casino. Each of them is able to influence the course of events. The better the online casino offers the conditions for participation, the higher the probability of receiving a decent income without significant costs. It is also worth paying attention to the existence of a Jackpot drawing, which can be owned by any of the participants. Any of the moments can affect the comfort of the game and the personal income received in the process of participation.
The presence of tournaments and ongoing promotions also affects earnings. In addition to bonuses, this is also an additional way of earning income, which does not involve additional costs. And a large selection of slots will not make you bored. You also need to pay attention to the collection of games, as it is an integral part of the process. The more entertainment on the gambling site, the more exciting the process of the game. It is better to choose an online casino, where the collection contains popular slots and bright novelties that can cheer you up.

Outcome

It can be concluded that online casinos are a universal way of entertainment, provided for almost any age, and capable of bringing in a pleasant income. You can play and be on the gambling site right from home or from anywhere with Internet access. You can enter from any modern gadget or personal computer. The main advantage of an online casino with constant participation is its ability to replace the main place of work.

The basics: What you need to know about managing a budget

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Keeping on top of your finances is an essential part in the pursuit of leading a stress-free life. Money worries are one of the most common causes of concern for people in the UK and these worries are often created not through a lack of income, but from a misunderstanding of monthly budget requirements.

Below are a few tips on how to start putting together your own personal budget – as well as how to manage it and have the discipline you need to follow your own monetary rules.

Work out your income and outgoings

The foundation of any budget comes through working out your predicted outgoings every month. Things such as energy bills, mortgage payments and direct debits should be listed together – and quarterly payments factored in too. Once you have a comprehensive list of your outgoings you should take this away from your estimated income every month, this will give you the amount of money you have left to spend.

There are several budget calculators and planners online which can help you calculate these figures and come to an accurate conclusion on your spending.

Problems occur when these outgoings are more than your income in which case you need reduce the amount that you’re spending every month or supplement your income to get more in (or maybe a max of both?). Using tips and tricks from sites such as Free Money can help you to be savvier when it comes to making a little extra cash to assist this.

Question everything

Once you’ve got a detailed view of your incomings and outgoings you can then start to question the specifics and make a real change to your situation.

By being honest with yourself about your spending habits and asking the question “do I need this?” you can often dramatically cut back the amount your spending.

These savings can be made through things such as ending expensive TV packages, cutting back on the number of takeaways ordered throughout the month and stopping monthly subscriptions from gifting companies.

These are all nice to haves, but not essentials – and especially not if your budget doesn’t currently work.

Be kind to yourself

Sticking to a set budget is tough, so it’s worth giving yourself a bit of breathing space to accommodate the occasional lapse in monetary judgement. Ensuring a budget is realistic is the key to it being followed, so allowing yourself to spend a few extra pounds on extracurricular fun, while perhaps not optimal, makes sense in the long run.

This is especially true when it comes to months with important dates included. Whether it’s a birthday, anniversary or Christmas time, loosening the purse strings for these times can ensure that you allow yourself to enjoy the festivities in a responsible manner, instead of throwing the budget out the window altogether.

Budgets are best when they are considered part of everyday life and not a chore to be followed and these allowances can help a budget feel like that. Without this, you’re destined for a struggle.

How Artificial Intelligence Is Fighting The Covid

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The development of artificial intelligence (AI) is experiencing a boiling moment. According to the report on Digital Society in Spain in 2019, by the Fundación Telefónica, one in 12 European startups that year focused their activity around this technology, a proportion that in 2013 was only one in 50.

The majority work around to the category that the report defines as “necessary”: they develop systems around facial recognition, e-commerce search or imaging and medical diagnostics. This last typology, that of health technologies, brings together a fifth of emerging companies.

It is precisely in the field of health that some of the applications with the greatest practical impact are taking place. Sherpa.ai , a Basque artificial intelligence company –considered among the 10 most important in the world in this field by various specialized publications–, has developed a platform so that health authorities can estimate the number of ICU beds needed throughout a week.

An essential calculation for hospital logistics and to avoid the overflow scenes that were experienced in some territories.

“We believed that artificial intelligence could be important to combat the pandemic and we began to work hand in hand with the Basque Health Service,” explains Xabi Uribe-Etxebarria, founder and CEO of the company.

The Sherpa.ai team began to shape a predictive model by feeding it with data from Italy, the only ones existing at that time, originating from regions similar in demography to the Basque Country. “First we calculate the data by province and by hospital,” continues Uribe-Etxebarria.

“Later we created a platform that could be consulted virtually and we added functionalities. For example, how would the number of deaths and the number of infected evolve or where would the new outbreaks of the pandemic be “.

The platform calculates the number of ICU beds needed within seven days and analyzes patterns and trends in the evolution of the virus, a fundamental aspect so that health workers can react in time. It also predicts the number of mild hospitalizations, which would allow, for example, to set up a specific hospital for this class of patients.

“The ICUs have not been saturated. The work of the health authorities and the health service has been tremendous. We have all gone out of our way to do this in weeks, ”Uribe-Etxebarría rejoices.

Sherpa.ai develops conversational systems, recommendation, content analysis and detection of fake news and application of artificial intelligence in data privacy.

“We are at the beginning of a new era in which we will coexist with AI. Many times we associate it with futuristic robots, but it is applied in everyday life and has the ability to solve urgent challenges for humanity ”, he argues.

“It is present when we unlock the mobile with the fingerprint or facial recognition, when we pay for parking and the barrier is opened, or in health applications that detect cancers. It is a complement to the human, not a substitute ”.

Francisco Herrera, professor of Computer Science and Artificial Intelligence at the University of Granada, set a simple goal for his work: that anyone, through a simple X-ray, could know if they had covid-19 or not.

To do this, together with the San Cecilio de Granada Clinical Hospital, its team works with a database of hundreds of X-rays, both of sick and healthy patients. A sea of ​​information from which the AI ​​will learn which radiographs correspond to sick patients, and to what degree, to later be able to analyze any new image.

“The hospital began to make a database of images of patients with a positive PCR test performed, thereby guaranteeing the quality of the sample. On the other hand, we had a set of healthy lung contrast, with a guarantee that there was no covid-19, ”Herrera added.

Currently, the model determines by 81% if a patient has coronavirus. The main advantage of the system is that it works with chest x-rays, a rapid test available throughout the health system, something that would improve diagnostic times.

With a CT test, accuracies of more than 90% are obtained, the scientist warns, but it is much more expensive and is only available in large hospitals.

“We want anyone who lives in a town to come to the health center, have an X-ray and that image is analyzed by our system, which will respond with the probability of associated disease,” Herrera details.

“Then the complementary tests will be requested and the relevant protocols will be activated.”

The more radiographs, the professor explains, the better the algorithm’s learning and the better the model’s behavior. Herrera underlines the importance of the quality of the images that feed the base.

“If you take X-rays from different hospitals, the annotations or colors may vary,” he says. “You have to segment the image and keep the part that collects the lungs to avoid any type of noise.”

The project, at the moment, has seven research teams and six associated hospitals. Herrera hopes that other hospitals will join soon.

Asian people waiting for body temperature check before access to building for against epidemic flu covid19 or corona virus from wuhan in office by thermoscan or infrared thermal camera

By now, anyone has passed a temperature control that, in addition, is capable of recognizing the identity of the user and discerning if they are wearing a mask.

These operations are also based on artificial intelligence, a technology that is already widely used to guarantee safety in work centers, shops and public places.

“The algorithms can detect situations that go beyond the pre-established, such as crowds, objects that remain immobile in high traffic areas or even breaches of social distancing,” explains Iñaki San Román, Prosegur’s Artificial Intelligence manager.

The incorporation of AI in the field of security allows security guards to operate with a large number of cameras or alarms.

AI is being joined by another technology: data science, a system that analyzes large volumes of information to predict patterns or failures, a way to, for example, know in advance when alarm peaks will occur at the central station.

In addition to the field of security, there are AI application lines focused on the world of retail with which it is tried to help customers improve their sales.

The Bank That Builds Trust Of Customer

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Apriori, all banks seem the same. After all, most of them offer more or less similar financial products and services. But reality shows that this is not the case.

The latest Customer Satisfaction Benchmarking report , prepared by the independent consulting firm Stiga, concludes that Banco Mediolanum is the one that generates the highest overall satisfaction index among Spanish banking customers: the score reaches 8.35 points out of 10, compared to 7.48 on average obtained by the other 16 banks analyzed.

The study has been carried out since 2012, and examines the banking sector based on the responses of users of financial institutions. In the results of this ranking , Mediolanum has also been the best valued by its clients in nine other categories.

One of the aspects that respondents score the most is the clarity and timeliness with which they receive information about their accounts (8.45 compared to 7.71 for the competition). Another of the issues best valued by clients is the relationship established with their manager, one of the factors that differentiate Banco Mediolanum’s business model.

The entity offers a personalized service to users through its financial advisers, its Family Bankers: specialists who help them plan their savings and investments, based on their needs. This trust relationship translates into a score of 8.83, above the 8.41 for the rest of the entities.

Precisely, customers appreciate trust, as well as transparency and personalization of the entity. They are the so-called intangibles of relation that obtain as a whole an 8.04 compared to 6.79 in the sector.

The same happens with the range of products, commissions and interests that the bank offers its users, a competitive offer that has obtained a score of 7.84, compared to 6.01 for the other banks.

In addition, clients link the Banco Mediolanum brand to values ​​of financial strength and solvency, as it has shown throughout its 38-year history.

Today the bank stands out for a modern image adapted to the new digital times and committed to the advancement of society. Here, it scores an 8.20 versus 7.43 for the competition.

Banco Mediolanum has also been ranked among the best valued banks in internet and mobile banking services ( app and web), which shows the will and commitment to a model that combines the best of technology with personalized financial advice. In fact, the entity closed 2019 with 69% of digital clients and a 77% share of mobile users. Satisfaction with the Telephone Attention Service stands out especially, reaching a score of 8.78.

The sum of all these factors is what makes Banco Mediolanum obtain the best percentage of committed customers, 33.7% compared to 25.9% for the rest of the banking system. People willing to buy or hire products and services again, and to recommend the bank to other people.

Banco Mediolanum obtains the best bank valuation for the treatment received by its financial advisors’ clients.

“The results confirm that our commitment to offer personalized advice supported by a complete multichannel banking service responds to the needs and expectations of savers,” admits Banco Mediolanum’s CEO, Igor Garzesi.

The study endorses, in short, a way of understanding and doing banking that has not changed in almost four decades, and that has generated a climate of trust, closeness and proximity with customers, who recognize the efforts of the entity. A hallmark of quality brand of the house.

Hair Transplant in Istanbul: High Quality at Low Prices

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Clinics in Turkey seem to have their hands full when it comes to hair transplants. Both men and women worldwide travel to this Middle Eastern country to fix their hair loss problem and bring back their youthful appearance and self-esteem.

We’ve looked into the reasons why Istanbul, Turkey, is one of the top destinations for getting a hair transplant and found that clinics there provide first-class quality at ridiculously low prices.

You read that right. You can undergo a high-quality hair transplant operation that wouldn’t cost you an arm and a leg, and get outstanding, permanent results. Here’s one of the top clinics we’ve reviewed.

Bring Back Your Confidence at Smile Hair Clinic

Although relatively new (founded in 2018), Smile Hair Clinic is already one of the most reputable hair transplant Istanbul clinics. The success of every hair transplant operation at the clinic is guaranteed, thanks to the state-of-the-art technology and highly-trained and experienced physicians.

The clinic was founded by two exceptional hair transplant surgeons, Dr. Mehmet Erdoğan and Dr. Gökay Bilgin.

They have ten years of experience in the fields of hair transplantation, mesotherapy, and phytotherapy.

When it comes to hair restoration treatments, they specialize in the FUE (Follicular Unit Extraction) technique. Together with their expert team of hair specialists, they continually perform successful hair treatments with remarkable results.

Why Choose Smile Hair Clinic?

This hair transplant clinic is one of the most renowned in Turkey and beyond. Its expert surgeons, and medical team are committed to providing each patient with a top-notch hair transplant procedure that will exceed their expectations. They also make everyone feel like part of their extended family.

They use high-tech devices for hair transplants to ensure the maximum survival of hair grafts, excellent results, and fast recovery.

This hair transplant Istanbul clinic also offers free consultation, accommodation, transfer, and superb post-op care.

If you choose Smile Hair Clinic (or any other top-quality clinic in Turkey, for that matter), you’ll also keep a lot of money in your wallet. That’s because a hair transplant in Turkey is about 70% cheaper than in the United Kingdom and most other places in Europe.

In Turkey, the surgery cost ranges from £1,500 to £3,500, depending on the number of grafts, the type of the procedure, and other factors.

In the UK, the price range is between £5,000 and a whopping £15,000.

Why is there such a vast prices disparity?

The cost of hair transplants are not actually low from Turkey’s perspective. The labor costs are low in the country, and its currency is devalued. The Turkish Lira is much weaker against many other worldwide currencies, including the Pound Sterling.

So, it’s not a question of quality. As we keep saying, you get a fantastic care and results, as Turkey boasts of some of the best hair surgeons on the planet.

What Does the Clinic Offer in Its Packages?

All the hair transplant packages at Smile Hair Clinic are on an all-inclusive basis. You get two-night accommodation at a 4-star hotel (Holiday Inn) and transfers to and from the airport, hotel, and the clinic.

You get pre and post-op hair analysis and blood work, medications, special hair products for ensuring graft survival, as well as a headband, hat, and neck cushion for protecting the grafts. The packages also include post-op follow-ups to make sure everything runs smoothly, and you get your desired results.

Smile Hair Clinic’s Top Hair Transplant Services

Smile Hair Clinic offers several innovative hair transplant services, but the most cutting-edge include a micro FUE hair transplant and a DHI hair transplant.

The Micro FUE method involves using a motorized surgical tool with sapphire blades that make tiny round-punch incisions in a donor area (area with thick, healthy hair) of the scalp to extract hair follicles. The surgeon then opens the canals in the recipient (balding) areas using the same device and implants the grafts.

Thanks to a motorized punch tool, the procedure is less time-consuming and doesn’t require as high precision as the standard FUE. It also minimizes traction and tissue damage and can yield more grafts per session.

A DHI hair transplant is also based on FUE, but it involves fewer steps and includes using a Choi pen. After the surgeon extracts the hair grafts, he directly implants them using the implanter pen, without previously opening the canals.

This type of procedure is also minimally-invasive, highly-effective, and significantly shortens the recovery period.

Expected Results: Before and After

You should expect some changes before you have your full head of hair. Your natural hair won’t start growing right after the surgery.

The recovery period is short, as you can go back to your normal activities within two weeks following the surgery. You have to take care of your grafts for the first 10-12 days, as that’s when they start to take root. After that, you can start washing your hair normally while wearing a protective hat or cap when going outside.

Within 2-4 weeks after the procedure, your transplanted hair will start falling out, which is entirely normal. It may continue falling out for a few months more. It’s different with every patient, as everyone’s hair has a different hair growth rate.

Within 6-9 months after your hair transplant, you will start noticing visible hair growth. You can expect the final results about a year after the surgery.

Conclusion

If you want to get a top-notch hair transplant to stimulate the growth of your natural hair, consider heading to Turkey. You’ll get brilliant results at a fraction of the cost of the procedure in the UK or the rest of Europe.

If you’re looking for a hair transplant in Istanbul, we highly recommend you check out Smile Hair Clinic. Its expert surgeons and physicians will go an extra mile to restore your looks and confidence, and they’ll provide you with first-class aftercare. Get in touch with them today to schedule your free online consultation.

Telefónica Fishes In Rough Waters

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Telefónica rises strongly on the IBEX thanks to the support received by Fitch

After the blow received by S&P, Telefónica led the increases in the IBEX 35 thanks to a report by Fitch, which considers that the telecom has a solid predominant position in Spain , and that its national operations provide a solid base for the broader group .

The rating agency points out that the Spanish market is competitive and in which fixed-mobile convergence (FMC) is important; But thanks to Telefónica’s investment in fiber and content, it makes it a leader in the fixed, mobile and FMC segments.

In this regard, he explains that Spain is at the forefront of Europe thanks to investment in fiber, maintaining one of the highest levels of fiber coverage (fiber to the home).

In this sense, Telefónica contributes with the access to the conduits and poles and the shared use of the network.

Brazil is also a strong point for the company .The report also analyzes Telefónica’s leading market position in Brazil and its evolution towards the broader Latin American region.

Thus, Fitch experts consider that the separation between Latin America and Brazil at the business level is potentially positive for the company’s credit profile.

It also refers to the balanced approach to leverage and shareholder compensation . However, “we expect funds for 2020 of net leverage from operations to reach 3.7x compared to a reduction threshold of 3.6x”, although they acknowledge that there is a currency risk with the depreciation of the Brazilian real that its competitors do not have.

Bankinter lowers the recommendation to sell.But not all analysts see these strengths. From Bankinter add to S & P believes that this rebate, leaving the Telefónica rating one step away from losing the “investment grade” increases the likelihood of a cut in the dividend in 2021.

A higher risk premium in the event of this eventuality and the possible increase in the cost of the group’s debt makes it difficult for the security to reach its fundamental value of 4.2 euros and for this reason they change their recommendation from holding to selling.

For this they explain that “the potential for structural growth is low and the reduction of the debt progresses slowly, weighing down the evolution of the group.”

In the current environment, the objective of stabilizing free cash flow (OIBDA – capex) necessarily requires containment of investment that reduces the competitiveness of the group in the medium term.

There is also a risk that operations to obtain value from the company will be delayed.

6 Essential Restaurant Crisis Management Strategies for Better Restaurant Management

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The recent situation brought by this pandemic has proven that a crisis management plan is a must for every industry. It caught the whole world off-guard and caused catastrophic effects to the economy on a global level. Many businesses struggled to keep their operations running, and having no back-up plan made it impossible for them to survive.

The coronavirus pandemic has caused great damage to the global industry. There’s a year-over-year decline of seated diners in restaurants worldwide was a staggering 51.3 percent in November 2020.  Even the Restaurant Industry, one of the fastest growing industries, took a massive impact out of the current pandemic situation. That’s why it is crucial to have a well-thought of crisis management plan for business survival.

WHAT IS CRISIS MANAGEMENT

Crisis management is the tactics and strategies utilized by a business in dealing with unforeseen events that’s considered harmful to its operations. It secures the ability of the business to respond and to recover from the sudden negative event.

In the Restaurant Industry, restaurant crisis management plan is important as it serves as the backup of the whole of the restaurant or takeaway or cloud kitchen. If there’s a solid plan, the restaurant can weather any storm without compromising its operations.

The management  would be surprised on how having a restaurant crisis management plan could mean the difference between recuperating from an unfortunate event and putting the restaurant’s reputation on the line.

This article will help restaurateurs understand what are the basic requirements of a reliable restaurant crisis management plan, and develop their ability to create a plan that would improve the survival of their restaurant in any scenario.

RESTAURANT CRISIS MANAGEMENT STRATEGIES

IDENTIFY THE GOALS OF YOUR CRISIS MANAGEMENT PLAN

Before anything else, it is important to know what the goal of the plan is. It should be clear for the whole team to know what they’re preparing for. Once the goals are set, it will serve as the guide to create a crisis management plan that would be beneficial for the restaurant or pizza shops[WU1] .

The basic goals for a good crisis management plan is to quickly recover from the impact of the sudden event, minimize or eliminate the negative effects to the whole restaurant, and to make sure that the restaurant’s brand remains intact.

ORGANIZE A CRISIS MANAGEMENT TEAM

Goals are set to be met, build a team that will be competent enough to carry out the restaurant crisis management plan and are capable of handling stressful situations. Make sure that the staff will be well represented and this team can communicate the plan to the whole restaurant.

INITIATE COMMUNICATION SYSTEMS FOR THE TEAM

Communication that covers internal and external processes is an integral part of restaurant crisis management. Ensure that the team has an effective spokesperson to communicate to the staff, vendors, suppliers, and to the public, if needed, how the restaurant would respond to a certain situation.

The spokesperson should represent the brand and the whole restaurant organization and must address the situation with a professional demeanour.

BE PROACTIVE AND BE ACCOUNTABLE

Be proactive, stay calm, and address the issue with full honesty. It is important to be prepared for different types of situations, so that the team would know how to address the concerns properly.

And should the situation get out of hand, make sure that the restaurant management would address it to the customers in order to take control of the story, and avoid ending up defending the organization.

FEEDBACK ANALYSIS

A feedback from a customer reflects how effective the restaurant crisis management plan of a restaurant is. Also, it allows the management to identify the concerns of the customers before it becomes a major setback for the restaurant. It provides insights about the whole operation from the customer’s point of view.

This enables the restaurant’s management to create actionable steps needed to align with their customer’s needs and demands.

RE-EVALUATE THE CRISIS MANAGEMENT PLAN

Once the plan has been tested out, it is important to assess what are the things needed for improvement and apply necessary tweaks in the restaurant crisis management plan. Modify the plan and tools as needed, communicate it to the team, and train the team to be well-versed to these changes.

MOST COMMON TYPES OF CRISIS SCENARIOS

Crisis and emergencies come in different forms, and any situation may manifest into a business crisis depending on how the organization will deal and communicate the situation. Here are some of the crisis that an organization may face:

  • Natural Crisis
  • Financial Crisis
  • Organizational Crisis
  • Technological Crisis
  • Personnel Crisis

CONCLUSION

This year was expected to be a great year for the restaurant industry, but due to the unforeseen event – coronavirus outbreak, a loss of $240B is now expected by the end of 2020. They may come up with tons of reasonable excuses but this fast and huge decline just exposed how unprepared the whole industry was.

As the lockdown measures are starting to loosen, the Restaurant Industry is also slowly trying to recuperate from the effects of this pandemic. Restaurateurs should see this as an opportunity to revamp their restaurant crisis management plan in order to protect their business should another unexpected situation happen.

Keeping a positive attitude in dealing towards a crisis would serve as the core of the whole operation. It’ll be challenging and demanding, but it’ll be one of the most powerful moments for a restaurant to,(or any other organization), to have the ability to recover after a crisis.

The 10 Dirtiest Areas Of Your Office Revealed

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Who doesn’t love a bit of office gossip? But what if we told you the biggest revelation was not what went down at your work’s Christmas party, but how many germs you are exposed to, every single day? Germs that could be putting your health at risk, simply by going about your everyday activities? Find cleaning services near you

Here are the 10 dirtiest areas of your office revealed to tell you more and quite possibly, instruct you where you need to clean…

Lift Buttons

Despite being much smaller, lift buttons hold 40 times the amount of bacteria than the average toilet seat. Lift buttons have two main issues in that they are something practically everyone touches countless times a day, and they are easily forgotten about. Both can lead to a quick accumulation of bacteria and viruses on the buttons.

Door Handles

It’s a fact… nobody remembers to clean the door handles! Given they usually require a firm grip to open and close properly, it’s an easy way to contaminate your hands with germs. People then touch their face and even eat their lunch right afterwards, making door handles a hotspot for bacteria. Find local cleaners in your area.

Desks

Our desks are home to a lot of items. Whatsmore, many people eat their lunch over their desks too. The more things that come into contact with your desk (especially phones or chewed up pens), the higher the chance it’s pretty unsanitary. It’s easy to assume that because a desk ‘looks clean’ that it probably is. But unless it’s subject to regular and thorough disinfection, it most likely isn’t.

Keyboards

The average employee racks up 6,000 keystrokes a day. But take a closer look at any office keyboard, and you’ll notice a film of skin on the keys and even crumbs down the back of it. Because our keyboards are one of the most utilised pieces of office equipment, they can pose a real threat to our health. This is especially the case with viral illnesses such as colds, flu or even stomach bugs, as the infection will happily live on surfaces for days.

Phone

While it may not always feel like it, many hands are responsible for answering that office phone. Every time they do, the person transfers bacteria onto the handset from their hands as well as their nose and mouth. If your office phone has been there for some time, go take a closer look at it. You might just be grossed out when you notice how filthy it is!

Photocopier Machine

When you wait for a document to print, your attention is probably on the document itself rather than what you had to touch to get the machine to print. The photocopier machine is yet another victim of the forgotten surfaces which is why it’s not just the ink levels you need to worry about. The more people in your office that use the printer, the more bacteria is being transferred to and from the buttons every day.

Watercooler

There’s no harm in a bit of water, right? Well if your watercooler only dispenses water instead of said water being used to clean it, then you could have a problem on your hands. From nervous interviewees to parched CEO’s, everyone stops by the watercooler at some point, bringing their germs with them.

Coffee/Tea Machine

Where do you head when you need something stronger than water? The tea or coffee machine of course! Most people can’t get through the day without their caffeine, meaning many trips are made to the location where they can make it. As well as the inside of the device, the main operating touchpoints are likely contaminated with bacteria too.

Kitchen Sponge

While hot water is very effective at cleaning dirty cups and disinfecting as it goes, the same cannot be said for the humble kitchen sponge. It’s recommended to change your kitchen sponge at least once a week for hygiene purposes. But if no designated person is looking out for this, then it could be left to fester instead, ready for the next person to ‘clean’ their plate with. 

Bathrooms

There are obvious areas of bacteria in a bathroom, and then some more conspicuous ones too. Everyone knows the toilet and sinks need cleaning every day. But what about the bathroom locks, door handles or the light switches? Every corner of your work bathroom is a potential health hazard, thanks to the nature of what goes on in there. So it’s important to leave no stone unturned when it comes to cleaning it.

To Sum Up

If the above has left you reaching for the bleach and disinfectant wipes, you’re not alone! The grisly truth is that offices aren’t the cleanest of places. This is especially the case if you have people coming and going all day long, bringing who knows what with them on their hands.

The best protection against a filthy office is to undertake regular cleaning. That’s why most offices hire a commercial cleaning services, who are responsible for cleaning all the main areas of the building including staff kitchens and bathrooms too.

By keeping your office clean, it will benefit all those who work there and look more professional in front of your customers too.

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