A staggering 70% of all Australian small businesses are home based! That’s a lot of profit making businesses choosing not to rent or buy premises. And gone are the days when people think of home based businesses as “cottage industry” or “hobby businesses.” From my experience, home based operators are mostly made up of 5 styles of businesses.Start-up businesses who don’t want the additional overhead costs in the early stages of their growth
People intentionally capping the size of their businesses so they can fit it around their personal needs or family commitments
Online businesses with online shopping carts where there is no need for a shopfront at all. Perhaps needing storage and distribution channels instead.
Consultants with established client bases who generally work with clients at their premises.
Service providers like lawn mowing contractors, window cleaners and mobile hairdressers who complete all their tasks at a client’s premises – only needing to keep their bookwork up to date from home.I’ve canvassed a lot of home based business operators over the years I have been a small business owner, and these I hear are the 6 most popular reasons that business owners choose a home office set up:1 FlexibilityThere is no-one dictating the time the doors will be unlocked at a commercial premise, and if you plan to play golf every Wednesday, then your diary is full on Wednesdays.2 Family friendlyMany home based business owners organise their working week around school and family activities, so it poses no child care logistics and explanations for getting in to work late on any given day.3 Controlling your own destinyThere is no boss to answer to, no routine in particular to escape and no hard and fast rules of corporate life to adhere to.4 AutonomyMany home based business owners have told me the flexibility to change their core business to suit their clients’ needs keeps them interested and engaged. Plus you can morph your capabilities into new markets quite quickly if the economic climate changes or you choose to branch out more.5 Choice of clientIt is very cathartic to sack a client you find difficult to work with, and it is often the client whose expectations are unreasonable. Instead of being locked into nurturing company accounts, you can “choose your own adventure”.6 The uniformHow do you want to present yourself to the business world? If it pleases you not to be suited up then that is your decision to make. On the flipside if you are not meeting clients, then you choose how casual you dress for the day – any day not just Fridays.Of course all of these choices can become your downfall if you don’t exercise discipline, plan your time, network to source clients, form alliances and joint ventures where appropriate and complete work to the satisfaction of your customers. So… what works perfectly for some can be the reason another goes out of business.If you are contemplating a home based business, think carefully if you will manage the isolation and the self-discipline that goes along with the lifestyle. Personally I love it!
6 Reasons To Choose A Home Based Business Lifestyle
Why Are Legal Translations Important?
Legal translation is a task that requires a lot of expertise and familiarity with linguistic conventions that apply to laws and legal cases.
Translations consist of taking a document in one language and switching it to another language whilst maintaining the same meaning. Legal translations deal with legal issues and terms. This field involves translating statutes, contracts, patents and any type of legal documentation. These documents are often used in legal proceedings where the initial original meaning must be maintained even after the translation.
Legal terminology is very complex and can vary from one country to another. Due to the fact that not every country has the same legal system, in some cases legal concepts do not have an equivalent in the target language. Codes and laws have been created to suit a particular country or culture and when the legal term does not have an equivalent in the target language, the translator needs to “recreate” the concept and the whole idea attached to the legal expression. “Transcreation” is a re-interpretation of the original concept to suit the audience of the target language in a particular time. It is very difficult to find equivalence between two terms if both legal languages refer to different legal systems.
Why Are Legal Translations Important?
Laws and codes seek to establish clearly defined rights and duties for certain individuals. The purpose of legal translation is to look for linguistic and juridical similarities between legal texts that belong to different legal systems. There are some cases where crimes might have similar meanings in two systems but are not identical; imply different connotations which lead to different sentences. The legal translator should be aware of intention of the original legal text and the interpretation (or interpretations) that has been attached to that text. The use of precedent is typical of Anglo-American common-law tradition that is built on the doctrine of stare decisis. (stand by decided matters)
Errors in legal translation could be fatal due to the effects that a legal misjudgment could have in the life and rights of individuals. It could also affect national security, diplomatic relations and lead to lawsuits.
To avoid mistakes, legal translators should be guided by standards of linguistic, social and cultural equivalence between the language used in the source text to and the target language. According to the expert on Comparative Law, Gerard-René de Groot, the difficulty of legal translations depend more on structural differences between legal systems rather than on linguistically differences.
Legal Translators
To deliver accurate translations, legal translators need to understand the different law systems as well as specific areas within law such as Criminal Law, Commercial Law, Property Law, etc. They also need to be competent in legal writing and have an in-depth knowledge of legal terminology. It is critical to assign legal translations to professionals that have the knowledge and experience to deal with them. It is also indispensable to have a deep understanding of Comparative Law system which helps to comprehend basic legal terms and structures in an international context.
What is Comparative Law?
It is the study of the diverse legal systems around the world and the differences and similarities between them. Comparative Law provides the foundation to create bilingual dictionaries that try to find equivalence among the elements of the source and the target legal texts.
Legal translators have a hard job because many legal concepts were originated within a particular social and political framework and may have no counterpart in other legal system. They must look for juridical and linguistic equivalence between the terms in order to find the pragmatic and functional equivalence in the concepts.
Comparative law methods help to create a reinterpretation of incompatible legal terms and to do so technical and pragmatist aspects of legal language should be taken into account. The equation is not that simple because some specialists prioritize the technical aspects of legal translation while other put emphasis on the connotative aspects of legal language. The convergence of these two approaches can facilitate the translation of legal texts.
Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up
One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.
However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.
Your product creation system should do this for you if only to help you to understand the overall task.
But why?
In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!
So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)
The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.
Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.
Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.
By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.
You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.