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Odds In Gambling

Sam Allcock
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Odds In Gambling

The realm of gambling is extremely fascinating and luring
due to the fun and entertainment and the massive amounts of rewards that it
brings along.

This article talks about the odds of a royal
flush vs. the odds of winning the lotteryand tries to simplify the concept of gambling odds for you.

Image source: (Pixabay)

If the chances of an
event happening are higher, its odds will be lower. If an event is less likely
to happen, its odds will be higher.

Although gambling odds can involve some complicated
calculations, the concept is easier to understand if you get familiar with the
different types of odds.

Odds of a royal flush vs. the odds of winning the
lottery

A royal flush is a best-ranked hand in a card game of poker.
Winning a royal flush in poker is a true blessing considering the odds of
winning and the number of rewards it brings along.

Let’s dive into the different aspects of gambling odds and a
royal flush in the card game of poker.

What is gambling odd?

In gambling, an odd represents the ratio between the amount
staked by the bookmaker and that staked by the bettor. Thus, an odd of 4 to 1
means that the bookmaker is staking four times the money than the bettor.

If you are new to
betting, it is critical for you to understand how betting odds work and how you
can implement them for your benefit.

Whether you are planning to try your luck in sports betting,
casino betting, or any other gambling, it is crucial to understand the odds
because:

  • Betting odds are used to calculate the probability of
    an event.
  • They help to know how likely are your chances of
    winning.
  • They represent the amount that a player should risk
    while betting.
  • They also help to calculate the amount of money you can
    win.

What is a royal flush?

A royal flush is the best possible straight flush with the
following characteristics:

  • It consists of five cards.
  • The five cards are specified – they should be ten,
    jack, queen, king, and an ace.
  • All of these cards should be of the same suit.

What is the probability of a royal flush?

To be true, your odds
of winning a royal flush are very, very low, less than 0.0000015%.

When the different combinations of hands in a set of 52
cards were calculated by mathematicians, it turned out that there are more than
2.5 million hands possible in poker. Out of these 2.5 million hands, there are
only four royal flushes. Therefore, your chances of dealing a royal flush are
just 1 in 649,740.

However, if talking about the odds of a royal flush vs. the
odds of winning the lottery, the probability of you hitting a royal flush is
still better than winning a lottery jackpot.

The different types of gambling odds

Majorly, there are four types of gambling odds- fractional,
decimal, moneyline, wholesale. All these
odds are interconvertible. That means you can convert one odd into the other
according to your convenience and understanding.

Here we talk about each of them in detail and tell you how
they work to help you put a smarter bet.

Fractional odds

Fractional odds are one of the most preferred odds by the
people, majorly due to the fact that they are used by some of the globe’s
largest bookmakers.

This is how fractional odds work:

  • They are majorly popular among the British and Irish
    bookies. Hence, they are also known as British odds.
  • Typically, they are written with a slash (/) or a
    hyphen (-).
  • A fractional odd of 3/1 means that you win 3$ for every
    1$ that you put.
  • Post winning, you receive your initial stake (say 1$)
    plus the profit (3$ in case of a fractional odd of 3/1).

Decimal odds

Decimal odds are much easier to understand and work with.
There are no positive signs, negative signs, or fractions that you need to
convert to understand the odd.

This is how decimal odds work:

  • They are popular in Australia, New Zealand, Canada, and
    especially Europe. Hence, they are called European odds.
  • They represent the amount you win for every 1$ wagered.
  • Unlike fractional odds, they represent the total payout
    and not the profit. So, you don’t need to add your stake back because it’s
    already included in the decimal number.

Moneyline odds

This is the third type of odds in gambling. They are also
straightforward to understand and interpret.

This is how Moneyline odds work:

  • They are majorly popular in the United States and
    Canada. Hence, they are also called American odds.
  • These odds have a negative (-) and a positive (+) sign
    against them.
  • A positive American odd represents the amount that you
    can win by putting a 100$ bet.
  • A negative American odd represents the amount you need
    to wager to win  $100.

So, here was all that
you needed to know about odds in gambling. Winning a
lottery is not easy. But
if you talk about odds of a royal flush vs. the odds of winning the lottery,
the chances of you winning a royal flush are still higher. If you are planning
to enter the realm of gambling, you must understand and learn to interpret
betting odds. Once you get familiar with the popular forms of gambling odds,
you can practice them to polish your gambling skills and win big jackpots.

https://www.thoughtco.com/probability-of-being-dealt-a-royal-flush-3126173

https://www.investopedia.com/articles/investing/042115/betting-basics-fractional-decimal-american-moneyline-odds.asp

Buying A Home In London With A Bridging Loan

Sam Allcock
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Buying A Home In London With A Bridging Loan

So you have found your dream home in London and need to move fast before
it is bought by someone else. But the problem is your current home has still
not sold, and you don’t have the deposit to buy it.

What is the solution? Enter bridging loans; a bridging loan
is a short term finance facility that features a quick application process.

There are many bridging loan lenders in the UK, especially in London.
One only needs to go to a search engine and enter the keywords bridging loans
London, and you will find dozens of brokers and lenders ready to win your
business.

How does a bridging loan work?

As mentioned above, bridging loans are a short term finance option,
typically between 3 to 12 months in length. In order to obtain a bridging loan,
you must have an asset to put up as security against the loan, in most cases,
this will be a property. The equity available in your property will determine
how much you can borrow with bridging finance. Lenders will go up to 75% in
most cases. 

What are the costs you can expect?

A bridging loan facility is not cheap, although they are competitive in
the UK due to many lenders currently in the market. There are several charges
that you must take into consideration when you take this finance option. First
and foremost, you will have a monthly interest charge on loan, which can range
from 0.40% to 1.5%, and then there are other charges most lenders will levy.
See below for more detail.

  • Interest rate 0.4% – 1.5%
    (pm)
  • Valuation fees
  • Arrangement fee
  • Solicitor charges
  • Exit fees (in some cases)
  • Application fees (in some
    cases)
  • Broker fees (in some cases)

A valuation fee is required by lenders to determine the value of the
property. Legal fees are also needed, and the borrower is expected to pay the
legal charges on both sides. An arrangement fee is typically 1% to 2% of the
overall loan amount. Some lenders may charge exit fees and application fees,
although in the current competitive market it is not common. Finally, if you
are using a bridging loan broker, then, you can expect to pay a broker fee of
1%.

It is useful to use a bridging loan calculator to get to know how much the
loan will cost you beforehand.

Two types of Bridging Finance

There are two main types of bridging loans.

  1. Open bridging loan
    –     an open bridging loan has no clear exit strategy. Let’s say you are
    buying a property to sell at a profit, this can take time, and there is no
    determined date it will sell, so the bridging loan is open and can be extended.
  • Closed bridging
    loan     – A closed bridging loan has a clear cut exit strategy, in this option
    you know when you will pay back the loan. For example, if you buy a property
    and you know you will get a home mortgage on the property by a specific time,
    you can then repay the loan.

Regulated or Unregulated 

Bridging loans are regulated if you are buying a residential property as
a home. An unregulated bridging loan is any use for commercial purposes.

Regulated bridging loans are regulated by the FCA, which offers protection
to consumers. For more information, please visit the FCA website. https://www.fca.org.uk/.

Home in London

Now that we understand how bridging loans work, let’s see how we can use
this loan facility to buy a home in London before the current home gets sold.

It would be best if you approached a broker for the application, as the
broker will have access to many lenders and find the best deal in the market.
The broker will also know precisely how to put together the application process
to assure success. 

You get enough loan amount to be able to put up as a deposit on the home
you want to buy and subsequently get a mortgage on it. Once your old property
gets sold, you pay off the bridging loan, that is your exit strategy.

Risks

Please be aware that a bridging lender will have the first charge on
your existing property, and if you don’t repay the lender in time, it can get
messy. Further charges will be added to the loan and worst-case scenario they can
repossess the property. 

It is always advisable to get sound financial advice from an expert
before taking out a bridging loan.

Conclusion

Bridging loans are a unique, fast and flexible form of finance and can
work well when you know how to use them properly. They are useful for many
other properties related deals such as buying at an auction, property
developments, refurbishments, buying derelict properties and property
investments. For more information, please speak to a property finance expert
like Global Property Finance Partners
Ltd.

WARNING: BAD PRESS KILLS By Neil Debenham

ABC Staff
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WARNING: BAD PRESS KILLS By Neil Debenham

We all know
that positive press coverage is good for business. But just how damaging is
negative publicity?

Nobody is
immune to negative press. Elon Musk – arguably one of the most powerful and
innovative men in business saw $1 billion wiped off the value of Tesla after he
was caught on camera smoking a joint, and he lost another $20m when the
Securities and Exchange Commission (SEC) fined him for breaching the rules by
announcing his intention to take Tesla private on Twitter.

He is not
alone in paying the price of bad press. Fellow billionaire Mark Zuckerberg had
to cough up a record $5 billion for Facebook’s dodgy dealings with Cambridge
Analytica.

And to bring
my point up to date, it has recently been announced that the owner of fitness
training company CrossFit has sold his business following outcry over his
remarks about George Floyd. After his comments (which I won’t repeat here),
gyms across the world dropped the CrossFit branding and there was a rapid
ending to his partnership with Reebok.

Neil Debenham

But it’s not
just the high-profile businesses that fall foul of bad PR.

I found out the hard way a few years back when I, Neil Debenham, purchased the fitness training company Fitlearn. Not on the scale of CrossFit, but nevertheless in the same field.

This
business reflected all that an acquirer would want to see. It had a great
balance sheet, excellent financial track record and a well-run, professional
company and a good pipeline of potential new students. But what I had failed to
do- and I kick myself for this – carry out a reputation audit.

Two
employees of the business were under investigation for fraud at a previous
company they’d run. With the media reporting the activities of the previous
employees, bad publicity that followed linked Fitlearn to the previous
activities of the employees and ultimately drove a sword into the heart of the
business.

The misleading,
negative PR had a direct impact on the company resulting in existing customers
demanding their money back and with the new customers seeking alternative
routes to study, the company very quickly became insolvent.

As a
director of a company, it remains your fiduciary duty to not allow a company to
trade in an insolvent manner – Insolvency means that the company revenue or
assets do not meet the demands of the company’s liabilities. In this instance,
Fitlearn relied on new students joining the study programme to meet its
overheads and with the press leading the general public to believe that
Fitlearn was somehow involved in the ex-employees previous venture creating
nervousness for potential new students, I was left with no option but to enter
the company into voluntary liquidation.

As with any
business, you must remain focussed on making the correct decisions however;
knowing that students may not complete their studies made the decision ever
more difficult.

Neil Debenham

Working with
The Office of Qualifications and Examinations Regulation (Ofqual) awarding body
and the insolvency practitioners to find a solution for the existing students
and to fulfil existing contacts, many attempts were made to create an ongoing
study path for students but no-one wanted to pick up what they saw as a poison
chalice.

The downfall of what was once a great business was simply an effect of negative and misleading press coverage and had this not been the case, I’m confident that FitLearn would continue to strive today and Neil Debenham would be renowned as a great business leader..

Putting a
business into administration or liquidation is not an experience I can
recommend. It is an extremely difficult decision to make, knowing you will have
a direct impact on the creditors.

One of the
main lessons to learn from this is to look beyond financials and operate a 360
view of all that the business entails.

Make sure
that a reputation audit features high on the due diligence list. This includes
a thorough Google search and trawl for comments on social media. Also, take a
look a Trust Pilot to see how the business is rated. Assess the public view on
the business and if there are concerns, investigate.

Talk to
staff and customers – they will all have a view.

Don’t just
carry out your due diligence on the business but also the individuals owning
running or working within the business. They are the representation of the
brand. If it is, has or could be mis-represented in any way, could this be
contained and what steps would need to be put in place?

The other
lesson is to find out whether the business is actually solvent at the time of
purchase. Of course, you can buy an insolvent business at a knock-down price,
but you need to know what you are letting yourself in for. A specialist will
buy an insolvent business and implement strategies, processes and finance to
trade out of insolvency, If you are considering doing this, match your
skillsets carefully against what may be needed. Some businesses will
technically drift in and out of insolvency, but it can indicate a serious underlying
problem.

There are
three simple tests to establish whether a business is insolvent:

  1. Do the company’s liabilities exceed
    its assets? In other words, is the cash in the bank and value of property and
    equipment enough to pay off all debts? If not, you could be insolvent.
  2. Can the company pay its debts when
    they fall due? This includes TAX and NI payments to HMRC
  3. Does the company have any legal
    actions against it for debts over £750?

If your
business- or the one you are looking to purchase- fails these tests, then you
need to get help. It’s not a viable business and you could well be trading
illegally.

If you have any questions on the issue of reputation or insolvency, I would be happy to advise. Drop me, Neil Debenham, an email neil@neildebenham.com  and follow me on Instagram and Twitter.

How to Make Money Online in 2020

Sam Allcock
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How to Make Money Online in 2020

Working, furloughed, or just simply made redundant. Many of
us saw a new reality in 2020 that completely changed how we work. If you found
you liked working from home, and generally just want to do more for yourself
using the power of the online world, know that there are many ways to make
money online.

Some will require more hands-on effort. Others only take a
few minutes of monitoring a day. Finding the right option for you is essential
when it comes to starting a side hustle, so consider these great options and
know you can even do more than one and find great success in them:

Trading Cryptocurrencies

Though certainly riskier than other options in this risk, like any day trading
activity is, you can absolutely make a good profit by trading cryptocurrencies.
It is very similar to Forex trading, only rather than with bank-regulated
currencies it is with unregulated cryptocurrencies. You can get started very quickly as well, and
make smart trading decisions even as a beginner with a trading robot that will
help you set smart, automated rules for trading and manually trade when and if
necessary.

Sell Items Online

One thing many of us have likely done is go through what we
have just to sort through it once and for all and chuck out the clutter. If you
have found some great gems that you don’t want, but are valuable, then selling
them online is a great way to make additional money at home. If you find great
success, sourcing more products from online marketplaces and even directly from
other online sellers is a simple but effective business model you can use to
start your own online brand.

Create Online Courses and Webinars

Teaching
online is huge in 2020. You can do this live on a zoom call, or you can do
it passively by creating a series of videos and webinars that people can pay to
have access to. You will need to work to market these classes, but once you
start getting good reviews and recommendations, you can quickly find your own
successful niche teaching what you love.

Find Freelance Work Online

If you have skills that are easy to use on your home laptop,
then you
can work freelance. Designers, writers, editors, videographers – pretty
much everyone who works creatively can find work online as a freelancer. The
trick is to find the right place online. Some websites exploit freelancers and
force them to bid too low for projects. You either get screwed payment wise or
always lose out on work in favour of someone else willing to go too low for
their work.

There are many ways to earn money at home. Start doing any
of these on the side, but once you find your stride, you’ll be surprised at how
easy it can be to transform these side gigs into full-time, flourishing
careers. Just give yourself the time to figure out the ins and outs of the industry
and be prepared to change as you learn more about what works and what doesn’t.

7 Issues Landlord Needs to Address Before the Tenant Moves In

Claire James
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7 Issues Landlord Needs to Address Before the Tenant Moves In

Seeing a new tenant moving to the house can be difficult
for both the tenant and the owner. Getting a checklist of issues that needs to
be resolved before the occupant moves in will help make the process smoother
and ensure you do not skip any crucial steps.

Here are eight things you should fix before a potential
occupant moves into your apartment.

1.    
Repairs
and maintenance

As the landlord, you are expected to ensure the rental
property is in a suitable condition before the occupant moves in. And as soon
as the occupant moves in, the owner is expected to regularly maintain the
rental property, so it’s always in good condition.

A standard and habitable property must have adequate ventilation, be free from infestation, have
good water supply and have had electrical
safety testing – among other essentials.

2.    
Put
everything in writing

Always make sure agreements with your tenant are clearly
spelt out on paper, and all concerned parties understand the rights and
responsibilities of each party. A tenancy
agreement is crucial as it will outline the rights and
responsibilities of the tenants as well as the landlord. It will, in addition,
define the terms of the landlord-tenant relationship. It will also state how
disputes will be resolved if they arise.

3.    
Tenant
screening

The tenant screening process helps you identify the
right tenants for your property; people who’ll be able to pay rent on time and
take care of the properties as though it were their own. Don’t forget to also
check that they have a good credit rating, are legal residents and have no past
criminal record. 

4.     Enforce and follow the rules

You need to enforce
the rules of your tenancy agreement, or your agreement will lose its
value. Some tenants who find you don’t follow or enforce the terms of the
agreement would advantage of your leniency.

The late rent fee is perhaps the most key contract clause
to apply. You may allow a short grace period, but when that expires, ensure
your occupant pays his or her late fee in addition to the actual rent.

5.     Disclosures

Landlords need to provide the tenants with relevant details regarding other issues surrounding the residential property they occupy. The law requires landlords to let the tenant know if there us anything about the property that is changing. For example, if the rented property and the mortgage have been transferred to a new owner, the landlord is obliged to notify the tenant.

Landlords are responsible for providing a habitable, safe
and comfortable living space for their tenants. They should always be ready to
fix any damages in any part of the property — especially those that impact
habitability or safety — in a timely manner.

While
faithfully adhering to such few basic rules may not necessarily shield the
landlord from future conflict, they sure help to create a good landlord-tenant
relationship and make your property appealing to prospective tenants.

How CBD Can Help Level Up Your Workout

Sam Allcock
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How CBD Can Help Level Up Your Workout

With gyms closed and group classes relegated
to the online world, at-home workouts are the new normal. Feeling a bit
lackluster after months of squats in your living room? Want a new solution so
you can improve your endurance and recovery?

Look no further than CBD.

Using CBD is a great way to level up your
workout routine at home. By reducing inflammation and promoting restful sleep,
CBD helps you feel rejuvenated and energized. This is an all-natural and
non-addictive solution to enhance your overall fitness.

Here’s how CBD helps you feel great when working out—plus some extra self-care tips to take your fitness to the next level.

It may be costly over time but there are a lot of CBD discount coupons out there to help with the regular cost.

Reduce
Inflammation

As any athlete knows, inflammation from
overexertion can lead to injuries and burnout. Although it’s important to push
yourself, it’s equally essential to let your body recover. Without proper rest,
you’ll soon find yourself struggling to finish your workout or aching the next
day.

Here are a few tips to curb inflammation before
you hit the gym:

  • Stretch –Stretch it out! Take ten minutes to do gentle stretching before you move to
    heavy lifting. This loosens your muscles and prevents strains and tears.

  • Hydrate –Water is not overrated. Make sure you’re well-hydrated, as this increases
    circulation and regulates blood pressure. 

  • CBD –Use
    CBD before you exercise to reduce inflammation. Reduced inflammation
    facilitates speedy recovery and helps boost your immune system, so you’ll stay
    healthy and fit.

Improve
Sleep

Being well-rested makes all the difference in
your energy and mood. Life is just easier when you’ve had a good night’s sleep!
We’re probably not the first to tell you that sleep is essential, but if you’re
looking to level-up your workout, you’ll have to give up those midnight TV
binge sessions.

Start by eliminating screens before bed.
Instead, read a book or do a crossword puzzle. When you’re relaxed and ready
for bed, try this CBD gummy with added melatonin: https://cbdfx.com/collections/cbd-gummies/. CBD aids in
relaxation, while melatonin helps reset your circadian rhythm, so you’re sleepy
at bedtime. This way, you’ll drift off to sleep easily and wake up feeling
refreshed.

Manage
Pain

Sometimes even the most limber athletes
experience sore muscles after a big workout. If your joints are achy and stiff,
try some CBD cream to ease pain and reduce swelling.
Gently massage the sore area when you apply the cream to increase blood flow
and relax the muscles.

For more stubborn injuries, combine CBD cream
with an ice regimen. You don’t want to overdo it with the ice, so start by
applying the ice pack for 10 minutes (and wrap it in a towel to protect your
skin.) This will help soothe and calm inflamed muscles. We recommend this one: https://earthhero.com/products/travel/u-konserve-recycled-plastic-gel-ice-pack/

Lessen
Anxiety

Fitness is as mental as it is physical. Mental
stamina is just as important as physical stamina if you’re working towards a
specific goal. You’ll need determination to reach the finish line! Anxiety is
normal, but there’s no need to feel limited by your mental health.

With several simple changes, you’ll feel calm
and focused:

  • Yoga –Yoga
    supports both your mental and physical well-being. Adding yoga to your routine
    centers and refocuses your mind. Plus, you’ll get some bonus stretching time!
    Find a comfortable yoga mat, so you’re not sliding around during your practice.
    Check out this site for a variety of yoga mats: https://www.manduka.com/pages/collections-yoga-mats
  • CBD –Including
    CBD into your routine is an all-natural way to minimize anxiety. In addition to
    improving your sleep, CBD reduces stress and lowers blood pressure.

  • Meditation –Get your head in the game with some guided meditation. Meditation
    trains your brain to let go of anxious thoughts and to focus instead on the
    present moment.

Feel
Empowered

Above all, incorporating CBD in your workout routine empowers you to tackle new challenges. Whether you need to improve your sleep or ease your aching quads, CBD is a fantastic supplement to support your fitness goals.

Remember, your fitness journey is personal. You have control over your health. Find
a routine that works and stick to it! There’s no time like the present to
improve your well-being.

How has COVID impacted UK’s roads?

Claire James
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How has COVID impacted UK’s roads?

How has COVID impacted UK roads? The car gurus at ATS Euromaster recently ran a report looking at
that very question, with two “normal” years (2008 and 2018) pitted
against pandemic-ravaged 2020.

There’s plenty to dig into, and we’ve
decided to drill into three areas of the report in particular:

Let’s get cracking.

Bicycles are in vogue – and weekends
are an especially popular time

Footfall has tanked on public
transport and gone towards two-wheeled travel instead.

Bicycle traffic has been higher than
normal from March-September, and is predicted to increase. If nothing else, you’d think the
pandemic has done wonders for retailers in this sector.

Let’s look closer:

Bank Holiday traffic is way down

Bank Holidays are an interesting litmus
test because, barring New Year’s Day, they’ve all fallen within the lockdown
period. And one thing is abundantly clear: they haven’t been the same in the UK
this year.

Let’s look at vehicular traffic
during Bank Holidays.

Vans are holding steady

Vans have
been a fixture of UK roads throughout lockdown.

  • Though
    numbers dropped the day after the Prime Minister announced the nationwide
    lockdown, they’ve since been climbing – up to 50% of normal levels in early May
    and close to 100% by the end of June.
  • In
    fact, as of September, there are more weekend vans in circulation than you
    might find in other years. This suggests a renewed appetite for online
    deliveries that arrive when people are home on Saturday and Sunday. Good news
    for Amazon and co, no doubt, though perhaps a worrying statistic for the flagging
    high street.

Check out
the ATS Euromaster report for more. You’ll find plenty to digest, including
what our roads looked like in “normal” times (2008 and 2018) and even
some useful things to keep in mind should you wish to beat rush hour.

In the end, while public transport numbers remain low, car traffic is getting back to normal. Meanwhile, cycling has never been more popular and given that getting fit is one form of protection against COVID-19, this can only be a good thing.

6 reasons why your business needs technical translations?

Claire James
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0
6 reasons why your business needs technical translations?

Despite the wide availability of automatic translation tools, language translation services are still highly popular, as they allow business owners to reach even the most niche customers easily (while most tools operate only on the widely used languages). The translation of technical documents and other written materials is therefore key for expanding your business internationally. Here are 6 main reasons why you should pick up technical translation services.

1.
Reaching Non-English speakers

Although English is one of the most globally spoken languages (over 330 million speakers worldwide), not everyone can understand it and use it on an everyday basis. Even for people who speak it as a second language, most technical and specific vocabulary won’t be quite well understood. In fact, technical jargon can be rather difficult even for native speakers.

Therefore, most people prefer to use their native language, especially when it comes to business and technical documents. Translating your documents is the easiest way to make sure your content is properly presented and fully comprehended – mutual understanding is the basis of successful business. Additionally, people will feel more appreciated and willing to buy your products if you reach them through their native language.

2. The need of a subject matter
expert

Simple word-to-word translations are no good for business purposes. Retaining of the original message while making sense to the reader is much harder than simply translating it with a technical dictionary opened on your lap. Wider context is key for conveying your message correctly, with consideration of dialects, social norms and language nuances.

This is made even harder with highly technical industries – the translator must not only have vast knowledge of the target language, but also be an expert in technical jargon used in that specific industry branch. The best example for this is the aerospace industry, as it’s naturally international and requires very effective global communications. There’s not much margin for error and everything must be as concise and clear as possible. So if you’re looking for technical translation services, your best bet would be experienced translation agencies employing specialised translators, e.g. TEXTOLOGY – Translation agency based in London.

3. It links to the global economy

Interpretation and translation remain important aspects of global businesses conduction and the demand for it, especially technical translation services, will keep expanding in the foreseeable future. Even though English is still a preferred language for conducting business globally, the need to reach the masses from all the different regions of the globe is still rather big. If an enterprise wishes to enter the global market, and keep increasing its profits and revenue, it needs to translate the instructions, packages and labels of its products to the native languages. This will enable locals to relate to the product with ease, which in turn will bring profit to the company.

4. Health and safety risk

Some technical subject matters may bring about health and safety risks, e.g. dealings with industrial equipment. This means that manufactures operating globally must be able to effectively communicate with customers and business around the world. Therefore, every operation manual, installation guide, product specification and hygiene and safety procedure needs to be highly accurately translated and easy to understand for everyone.

Finding a specialised
translator is crucial in any industry that involves health and safety risks.
Being an expert in his field, he will not only provide accurate translations,
but also know all legal requirements regarding product safety advice for the
target country and language. With a professional technical translation you
won’t have to worry about any breaches of product safety requirements and
corresponding to them legal actions while you’re expanding across the border.

5. Keeping consistent level of
complexity

High quality technical translation will help you keep all of your documents’ complexity intact. This is especially significant when you want to communicate a complex idea to a simple language. A professional translator with vast knowledge of the subject matter can convey your message without it sounding basic or demeaning, which wouldn’t be accepted in a business environment full of industry experts. He will also be able to make the translation less direct without sacrificing evenness in speech, tone and complexity — as a word-to-word translation would be hard to digest or might even sound simplistic.

6. Operating in a heavily
regulated industry

A relatively big share of industries is a subject to many strict regulations aimed at protecting customers and businesses. Those rules and laws regarding products and the way the businesses are run might change at any given time. They may also vary widely, depending on the country, supervisory authority or even local governments. For example, the food industry is regulated by the Food Standards Agency in the UK, while in the US it’s covered by the Food and Drug Administration which rules regarding e.g. sugar content may be quite different.

While choosing the
source of your technical translations, you should aim for translators who,
aside from being experts in the given industry, keep records of regulation
changes and are up to date with them. This will not only ensure high quality of
translation, but also guarantee that all your translated documents will follow
every guideline for your target country and your product is good for
circulation.

Still not sure if you need
technical translations?

Basing your business on just one, even
the mostly spoken, language can be a major setback, as most of the people
prefer to use their native language when it comes to business and its products.
Technical translation is a type of specialised translation which includes the
use of terminology and jargon used in a specific branch of industry or
business. You should make use of translation services when your business deals
with operator manuals, instruction guides, study papers or technical documents
– with the help of a professional translator you can make sure that all your
content is conveyed without errors and quality downgrades. This will help you
avoid problems of false translations when going global.

Tips to save money on prescription glasses

Sam Allcock
-
0
Tips to save money on prescription glasses

Prescription glasses seem to be very expensive when you walk into a store. It looks big enough for bent metal and glass. But don’t worry, there are ways to save money in the store, even if you have a complicated recipe. We live in online shopping time and fast delivery. When shopping for glasses online, you need to check all the boxes and get quality frames at a great price. Alternatively you could try a different option by looking at contactlenses.co.uk.

The average price of glasses

According to VSP statistics, the average
cost of uninsured glasses is $ 238. It’s just for executives. It costs $ 113
for regular glasses. This means that the total amount will cost you around $
351 on average if you do not have eye insurance.

But the prices work. The Consumer Reports
survey says:

  • An average reader spends $ 69
    on full glasses (frames and lenses) in Zenni.
  • The average cost of uninsured
    glasses at Costco averaged $ 184
  • The average cost of frames and
    lenses for spectacles and independent ophthalmologists is $ 400

Why are glasses so expensive

One of the possible reasons is the
craftsmanship and materials used to make the glasses. Frames and lenses are
better made today than they were 30 years ago. Another reason for the trendy
part of glasses and sunglasses is that glasses are so expensive.

The main reasons that glasses are expensive
are:

  • Production costs
  • Material costs
  • Reputable brands

Save money on buying glasses

If you always like how a particular brand
of glasses fits, you can buy that brand and save money by buying at
GlassesUSA.com. You don’t have to settle for frames that you will hate every
time you look at yourself in the mirror. If you always like Ray-Bans, you
should be able to buy new Ray-Bans. Their internal brands are great. The
selection of designer brands is fantastic. In retail, you have more options
than ever before. You may consider to buy cheaper glasses at Smart
Buy Collection.

Tips to save money on glasses

Here are some of the best tips to save
money on glasses

  • Buy glasses online
  • Buy contact lenses online
  • Keep the same lenses or frames
  • Go for cheaper glasses
  • Skip ad-ons
  • Take advantage of free repairs
    and modifications

SmartBuy Bay glass collection 9£

Are you looking for stylish and inexpensive
glasses that you can put away in the office? Bay is your answer! These super
feminine glasses for cats come in a trendy, ultra-compact Havana office press.
With a full-frame, 1.5-lens included, and a two-year warranty, we have selected
SmartBuy Bay Collection as the best choice for your spare pair at work. Check
out Smart Buy Glasses UK for
full details.

Laurie SmartBuy glasses collection 9£

Want affordable, but a little more
exclusive glasses? Unisex Laurie glasses are available in a transparent shade
of blue, yellow, and green, allowing you to stand out with a unique color
palette. With full-frame glasses, these glasses are perfect for both men and
women, so they’re an excellent choice for anyone looking for a “cool”
factor while wearing a prescription.

Jody sunglasses from the SmartBuy collection 9£

You only see what you get with Jody. These
classic square shape glasses are professional and affordable reading glasses.
They are available in transparent gray and have 1.5 lenses, all affordable for
just £9.

Five Great Work from Home Careers for Your Future

Sam Allcock
-
0
Five Great Work from Home Careers for Your Future

Working from home may have been the go-to for many of us
during 2020, but if you want to continue working from home, and even possibly
start to work for yourself, then you will want to do more with your time now.
There has never been a better time to start a new career for yourself than
right now, and done right, you can do more than just work from home, you can
start a new career from home.

Forex and Cryptocurrency Trading

The concept of Forex or Cryptocurrency trading is very, very
simple. You exchange one currency for another to increase your buying power.
You buy low, you sell high. It is the simplest type of trading to consider, and
its value is far easier to understand than many stock market alternatives.

You don’t even need to spend the entire day staring at the
screen, terrified of leaving it in case the value drops or rises, and you need
to make a quick trade. If you sign
up Bitcoin Revolution, then you have access
to innovative trading software that allows even beginners to start making smart
trading decisions and automate tasks. Hence, you only need to spend a few
minutes a day on the computer. There is no location barrier, just the necessity
of an internet connection to keep your trades going.

Start Your Own Brand

If you have items to sell, either digital or physical, then
start your own brand. Build up interest and a community, and you can then look
into crowdfunding more money to really invest in your business. Other options
to expand include collaborating with other brands and stores to get your
products out there. To start, however, there are many online marketplaces
designed to help you sell items directly to your customers.

Sell Items Second Hand

You don’t need to make your own items to start a successful
business, either. You can sell
second-hand items at a considerable profit simply because people love
vintage, but they hate the hunt. If you love exploring online and physical
markets for steals in any category, from clothes to furniture to art, then this
is definitely the business model for you. Do it entirely from online, and you
can keep your business costs low and your products flowing. 

Take Your Talent Freelance or as a Consultant

If you have a specific skill or have a lot of experience in
your industry, then you can work for yourself. You will need to find and secure
clients on your own, but by working
as a consultant or freelancer, you can be your own boss without the hassle
of managing a company.

Start a Blog

Starting a blog takes a lot of effort, but its potential is
huge. You can monetise a successful blog in many ways, as well as use it as a
platform to launch a huge number of projects you think of. In fact, it is such
a good idea you should consider starting a blog to monetise full stop because
your expertise and passion can be used to build a community that gives you so
many possibilities for your future.

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