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Dr. Schär” ‐ the world’s leading nutrition and gluten-free brand ‐ appoints new CEO as it seeks to accelerate its global expansion

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‘Dr. Schär’, the special nutrition and gluten-free global leader has appointed Hannes Berger as their new CEO, tasking him with accelerating the expansion of the business globally.

 The former CEO, Philipp Schoeller, has resigned from his position as CEO at his own request at the end of 2022. Mr. Schoeller had taken on the role in 2020.

 Philipp Schoeller: “I am grateful to Ulrich Ladurner, President of Dr. Schär, for the trust in me and now the support for my decision. I would especially like to thank my colleagues at Dr. Schär, with whom I worked closely and in a spirit of trust. We can all be proud of the new growth we have created together and the success in strengthening the Schär brand. With great enthusiasm and passion, I have led our global business as the market leader for gluten-free nutrition.”

Ulrich Ladurner, has commented: “I would like to thank Philipp Schoeller for the successful collaboration – his outstanding achievements and his dedicated work. He has kept Dr. Schär going in these difficult times, strengthened our global presence and boosted innovation. I hold Mr. Schoeller in high esteem, regret his departure and wish him all the best and continued success in his future career and life. With the departure of Philipp Schoeller, we want to continue the path we have taken with someone at the top who has known the company well for almost two decades and decisively shaped it in a leading position during this time. We are pleased that Hannes Berger will take over the CEO role at Dr. Schär and we are sure that the company will be in excellent and experienced hands.” 

Hannes Berger has held key positions in the company for almost two decades and is a member if the Board of Directors since its establishment. In the past five years he has been focused on the development of the overseas markets as CEO and President of North America and then expanding his responsibilities also to Latin America, UK and Ireland. Under his leadership, US sales have more than doubled to become one of the Company’s key markets supported by continuous investment in the expansion of the local production sites.

Dr. Schär will be exceeding 500 million euros in revenues this year and wants to further accelerate the business by expanding into new geographies and into new nutritional categories. Hannes Berger has commented on the new role: “I would like to thank Ulrich Ladurner for the trust he has placed in me and look forward to working with the entire team to achieve the ambitious goals we have set ourselves.”

Best Things to do When in Bucharest

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Bucharest, the capital of Romania, is a city rich in history and culture. With a mix of medieval architecture, Soviet-era buildings and a vibrant nightlife, Bucharest offers something for everyone. In this article, we will discuss some of the best things to do while in Bucharest, including options for accommodation.

Explore Old Town Bucharest

Old Town Bucharest, also known as Lipscani, is a must-see for any tourist visiting the city. The area is known for its medieval architecture, including the Stavropoleos Church, which dates back to the 18th century. Visitors can also explore the Old Princely Court, which dates back to the 15th century, and is considered to be the birthplace of Bucharest. The area is also home to a variety of bars, restaurants, and shops, making it the perfect place to spend an evening.

Visit The Palace Of Parliament

The Palace of Parliament is the second-largest administrative building in the world, after the Pentagon in the United States. It was built during the Communist era and is an architectural masterpiece. Visitors can take a tour of the palace to learn about its history and see the impressive halls, chambers, and galleries. The palace also houses the National Museum of Contemporary Art, which is worth a visit.

Take A Stroll In Herastrau Park

Herastrau Park is the largest park in Bucharest and is a great place to spend a relaxing afternoon. The park is home to a variety of trees and plants, as well as several lakes and a large playground. Visitors can also explore the Bucharest Village Museum, which is located within the park. The museum offers a glimpse into the traditional way of life in Romania.

Enjoy The Nightlife In Bucharest

Bucharest is known for its vibrant nightlife, and there are plenty of options for those looking to party. The city is home to a variety of clubs, bars, and pubs, many of which are located in the Lipscani area. Visitors can also enjoy live music performances and traditional Romanian dancing.

Accommodation In Bucharest

Bucharest offers a variety of options for accommodation, including hotels, hostels, and vacation rentals. For those looking for luxury lodging in Bucharest, there are several high-end hotels in the city, such as the InterContinental Bucharest and the Radisson Blu Hotel.

There are also plenty of budget-friendly options, such as hostels and vacation rentals, which can be found in Old Town Bucharest and other areas of the city. Visitors can also find a good number of vacation rentals and apartments on websites like Airbnb.

Where To Stay In Bucharest

When it comes to choosing where to stay in Bucharest, there are a few areas that stand out as particularly good options.

Old Town Bucharest, also known as Lipscani, is a great area for visitors looking to be in the heart of the action. The area is home to a variety of bars, restaurants, and shops, making it the perfect place to spend an evening. Accommodation in Lipscani range from budget-friendly hostels to high-end hotels and vacation rentals.

Another great area to stay in Bucharest is the Centrul Vechi Area, also known as the Old Center. This area is home to many of Bucharest’s most famous landmarks, including the Palace of Parliament, the Old Princely Court, and Stavropoleos Church. Accommodation options in this area range from luxury hotels to budget-friendly hostels and vacation rentals.

The Herastrau area is a great option for visitors looking for a more upscale experience. This upscale neighborhood is home to the Herastrau Park, the largest park in Bucharest, and the Bucharest Village Museum, which offers a glimpse into the traditional way of life in Romania. Accommodation in this area is mostly luxury hotels and vacation rentals.

Finally, the University area is a great option for budget-conscious travelers. This area is home to many budget-friendly hostels and vacation rentals and is well-connected to the rest of the city via public transportation.

Ultimately, the best area to stay Bucharest will depend on your specific needs and preferences. Whether you’re looking for luxury, history, or budget-friendly accommodation, Bucharest has something to offer everyone.

Bucharest is a city that offers something for everyone. From exploring Old Town Bucharest and visiting the Palace of Parliament to taking a stroll in Herastrau Park and enjoying the nightlife, there are plenty of things to do in Bucharest. The city also offers a variety of options for accommodation, from luxury hotels to budget-friendly hostels and vacation rentals. By taking the time to explore what Bucharest has to offer, visitors can experience the history, culture, and vibrant atmosphere of the city.

Forex Trading in India: Challenges and Benefits

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Forex trading in India can be challenging due to regulations that restrict the ability of Indian citizens to trade currencies. The Reserve Bank of India (RBI) has placed limits on the amount of currency that can be traded and has also made it illegal for Indian citizens to trade in certain currency pairs. However, despite these challenges, there are also benefits to forex trading in India. For example, the Indian rupee is relatively stable compared to other emerging market currencies, which can provide a level of safety for traders. Additionally, India has a large and rapidly growing economy, which can provide opportunities for traders to profit from movements in the value of the rupee.

Challenges with Forex Trading in India

Regulations in India

These investments must be governed by organizations like the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). The authorities prohibit a typical online currency approach by the rules stated. You won’t be able to exchange any currency you choose at any time, so this is what it means. Trading is allowed as long as INR is used as the base currency and choosing forex brokers in India that are regulated by the governing body.

Trading electronically or online with foreign countries is illegal. However, it is advised to refrain from using these techniques and to keep trading to the above-mentioned authorities-regulated trading process.

The forex trades permitted in India include those involving currency pairs like the US dollar and INR, the euro and INR, and the pound sterling and INR.

Education Regarding Trading

Lack of education is a common problem faced by beginners in the forex market. Forex trading can be complex and requires a certain level of understanding of the market and the various factors that influence currency values. Without proper education and training, beginners may struggle to understand the market and make informed trading decisions. This can lead to poor performance and financial losses. It’s important for beginners to do their own research, read books, learn the importance of forex signal providers and take courses or seek mentorship from experts to gain the knowledge and skills needed to succeed in the forex market. The best forex brokers in India always encourage education about trading before getting in too deep.

Limited Market Access for Indian Traders

Limited market access is one of India’s main challenges forex traders face. The Indian government has certain restrictions on the amount of currency that can be traded within the country and the amount of currency that can be taken out of the country. These restrictions can limit the opportunities for Indian traders and make it difficult for them to participate in the global currency market.

One of the main restrictions is the limit on the amount of currency that can be traded within the country. The Reserve Bank of India (RBI) has set a limit on the amount of foreign exchange that individuals and businesses can purchase. This limit is intended to prevent speculation and protect the Indian rupee, but it can also limit the opportunities for Indian traders.

Another restriction is the limit on the amount of currency that can be taken out of the country. The Indian government has strict rules on the amount of foreign exchange that can be taken out of the country for personal or business use. These rules can make it difficult for Indian traders to participate in the global currency market and can also limit their ability to make profits.

Rewards Offered by Forex Market in India

High Returns while Trading

Despite these difficulties, the best forex broker in India still offers many benefits. The potential for high returns offered by the best forex broker in India is one of the main benefits. With the appropriate information and abilities, investors can profit significantly from the highly liquid forex market.

The Flexibility of the Forex Market

The adaptability of the forex market is another benefit. For those who are unable to commit to conventional forms of investment, forex trading is a fantastic option because it can be done from any location at any time. The forex market is accessible to traders seven days a week, 24 hours a day, allowing them to trade whenever it is most convenient.

Power of Leverage by Forex Brokers

The power of leverage is one of the key features of forex trading. Leverage allows traders to control a large amount of currency with a relatively small amount of capital. This can greatly increase the potential returns on investment and increase the risk of losses.

Conclusion

In conclusion, forex trading in India can be challenging due to the regulations imposed by the Reserve Bank of India (RBI) on the amount of currency that can be traded and certain restrictions on currency pairs that can be traded. However, despite these challenges, there are also benefits to forex trading in India. The Indian rupee is relatively stable compared to other emerging market currencies, which can provide a level of safety for traders. Additionally, India has a large and rapidly growing economy, which can provide opportunities for traders to profit from movements in the value of the rupee.

Mike Collins Mortgage Expert – Does a bridging loan affect a mortgage application?

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Financial advisor Mike Collins says the best advice he can give is to do your research and get into the best financial position to go ahead with the purchase of your property. Bridging finance could put you at an advantage and help prevent long waits for mortgage approvals or risk losing any deposit you’ve already put down.

To understand whether a bridging loan affects a mortgage application, it’s necessary to first understand what both products are. A bridging loan is very different to a mortgage, with the main reason being the loan duration.

Mortgages can last up to 35 years and have higher value with lower interest rates, whereas a bridging loan is only designed to be a short-term, high interest loan to ‘bridge’ a gap in finance.

Mike says: “In essence, a bridging loan could put you in a better position than other buyers in making your dream home yours, even though you’ve not sold your old house yet. 

“There are a few considerations regarding both including credit scores, interest rates and more, so hopefully this article will prove helpful for those attempting to buy a new property.” 

How does a bridge loan work? 

The point of a bridging loan is to mend a temporary gap in finance. It could be a first or second charge on your property.

First charge: The bridging loan is the main loan on your house e.g., if you own your home outright and need the loan for renovation works. This would be a first charge on your home.

Second charge: If you already have a mortgage on your home, that would be the first charge. A bridging loan would be the second – and that is the order that creditors would be repaid if you failed to keep your monthly repayments up.

Credit scores

If you have a bridging loan, it won’t necessarily affect a mortgage application, but you should consider your credit score in terms of this.

It may be that you’ve been turned down for a mortgage because you have bad credit or poor income. A bridge loan can help you buy your dream property before another buyer comes along in a better situation. This is why an exit strategy is essential, for example, switching from a bridge loan to a mortgage when you’re eligible.

But does a bridging loan affect your credit score? Well, that depends entirely on your lender. Some may choose to only look at your overall credit rating on your file before deciding whether to hand over the cash.

There are a number of loan companies and lenders that specialise in bridge loans for bad credit. 

Interest rates

Interest rates are the highest they’ve been for decades plus you may have to pay admin fees on top.

In this case you’ve got to consider why you need a bridging loan. If it’s to secure your ideal home, then it could certainly be a cost worth paying if it helps you secure it.

But then you should also consider securing debts against your home, meaning there must be an asset to set it against.

Monthly repayments

Unlike bridging loans, mortgages can be taken out on a capital repayment or interest-only basis. Interest-only mortgages are more common for buy-to-let mortgages, with residential mortgages usually being capital repayment. Either way, the interest is paid with regular payments every month. 

Whatever you choose to do to achieve finances to pay for your home, be sure to consult a financial adviser first and check out interest rates. You may find variable rates too risky at the moment.

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How to Prepare for Executive Compensation Negotiations

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Executive compensation negotiations can be a lengthy and complicated process. The key to success lies in proper preparation. 

With the right tools and knowledge, you can ensure that you are well-positioned when the time comes to negotiate your executive compensation package.

What is Executive Compensation?

Executive compensation is an umbrella term that refers to the total package of rewards and benefits provided for top-level executives, often with a focus on high-ranking positions like CEOs. 

It encompasses the direct payment of salary, bonuses, incentives, and stock options or awards. Executive compensation also includes non-cash benefits such as company cars, health insurance, travel allowances, and other perks. 

This form of remuneration is typically much higher than the salaries of lower-level staff members due to the nature and scope of executive duties and responsibilities. 

As such, it is important for organizations to ensure fair and adequate compensation for executive talent to attract and retain needed individuals within their ranks.

Let’s look at some of the steps you need to take before engaging in any executive compensation negotiation. Read on for more information!

Do Your Research

Before getting into the negotiation itself, it is important to do your research. 

This will help you evaluate your worth as an executive and give you a better understanding of what you should be asking for in terms of compensation. 

You will want to research other executives within your industry who have similar roles and responsibilities as yours, as well as those with similar experience levels. Knowing what they are earning can help you determine a fair salary range for yourself. 

Know What You Want

With research in hand, it is time to determine what exactly you want out of your executive compensation package. 

Consider both financial elements, such as salary and bonuses, as well as non-financial elements, like vacation days or flexible work hours. 

Having this list prepared ahead of time will make it easier for you to stay focused during negotiations and be less likely to accept something that does not meet your expectations or needs.

Create a List of Priorities

Once you know what you want from the negotiations, it is essential that you create a list of priorities. 

So that if there is pushback on any particular element, you have options available in terms of which items are most important to compromise on versus which ones should remain firm points in the negotiations. 

This list should also include any non-negotiable items such as personal values or ethical considerations. These must be taken into account when negotiating an executive compensation package.                                              

Be Ready to Negotiate

When negotiating an executive compensation package, it is essential that both parties come prepared with their respective positions, you with yours and the employer with theirs, in order to maximize efficiency throughout the process. 

Being organized from the start helps ensure that no one’s time is wasted during negotiations and allows for more productive discussions about how best to reach a mutually beneficial outcome for both parties involved in the negotiation process.  

Conclusion

Executive compensation negotiations can be tricky, but with proper preparation, they don’t have to be daunting or intimidating, so don’t worry that much.

By taking the steps outlined above, such as doing research, knowing what you want from a compensation package, creating a list of priorities, and being ready to negotiate, you can set yourself up for success before ever stepping foot into the negotiation room.
With these tips from Chauvel & Glatt business law page under your belt, go forth confidently into those negotiations armed with knowledge and confidence.

Important Tips for Commercial Property Management

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Whether you are the owner of a commercial property or a real estate agent that manages an entire portfolio, there are a few things you can do to make sure that your operation runs smoothly. It may seem simple to be a landlord; however, there is a lot of work that goes into maintaining your property and making sure that it is attractive to both existing tenants and prospective renters. Here are some tips for managing commercial properties that can help you to ensure that your assets remain profitable for years to come.

Embrace Preventative Maintenance

Many landlords loathe spending money on maintaining amenities or equipment that are still in good working order, but preventative commercial maintenance can help you save money in the long run. By performing routine inspections and making repairs before they are needed, you can keep expenses low and avoid costly replacements or repairs in the future. A proactive maintenance schedule can also help prevent problems from occurring that could result in injury, property damage, or even liability issues. You should take inventory of all the systems and equipment on your property and use facility management software to keep track of their condition. This software can help you to establish a regular preventative maintenance schedule that keeps everything running efficiently.

Provide Superior Communication

The success of your property management business depends on the satisfaction of your tenants, so providing exceptional customer service should be one of your top priorities. Always have an open line of communication between your tenants and yourself or a customer service team so they can get answers to their questions as quickly as possible. Take the time to get to know your tenants and understand their individual business needs and preferences. Always keep them updated about any upcoming changes to your building or the surrounding area that may affect them. Instead of only providing a phone number, consider different ways of communication such as live chat or instant messaging.

Upgrade Whenever You Can

Refurbishing an older space or upgrading the systems in your building can be expensive, but it may also be necessary to keep the property in top condition and attract more tenants. Inspect your property and plan for upgrades or renovations that will allow you to improve its value over the long term. Renters are always on the lookout for spaces with more amenities and modern features, so investing in improvements such as high-speed Wi-Fi or brand new restrooms can help you to stay competitive. It will also ensure that your property will command a high price if you must sell it in a hurry. A good time to undertake this type of project is just before an existing lease runs out.

Use Property Management Software

It may be easy to manage one or two tenants but imagine running a shopping mall or office block with over a hundred! Property management software is another way that technology can simplify your job as a property manager or owner. Property management software allows you to have a clear view of your tenant relationships, including their leases, contact information, payment information, payment history, and other important details. You can also track things like rent collection and maintenance requests, and set automatic reminders for late rent payments.

Make Data-Driven Decisions

Keeping track of the performance of your properties and using the data to make strategic decisions is an important part of running a property management business. Important metrics that you should monitor include maintenance costs, income generated, and tenant turnover. Regular reporting will enable you to identify emerging trends and identify issues that could end up influencing your property’s profitability. For instance, if you notice tenants are willing to pay more for certain units, you can increase your rent accordingly or upgrade more units to a similar style. Likewise, if you notice that a particular unit has higher maintenance costs than others, you can investigate possible causes and take action.

Be Energy Efficient

Making your property more energy-efficient is not only good for the environment and your bottom line, but it can also make the property more attractive to prospective tenants. You can take steps to reduce the energy use on your properties by replacing inefficient appliances and fixtures, installing programmable thermostats, upgrading lighting, and adding insulation to the doors and windows. Reducing your utility bills will help keep your tenants happy, especially if they are expected to pay a share of the energy costs.

Hire a Good Team

The quality of your staff can have a significant impact on the performance of your rental properties, so be sure to hire competent and reliable people who are invested in providing quality service to your tenants. This includes facility cleaners, maintenance crew, and customer service personnel. Your employees should know how to spot potential problems and take care of any issues quickly and efficiently. Even if you outsource most of your on-ground services, make sure that the team you use is well-trained and fully on board with your company’s policies.

Building a long-term relationship with your tenants is one of the best things you can do for your commercial property. To do this, you must keep them satisfied with both the condition of their space and the service that they receive. The above tips will help you get the most out of your property and maximize its long-term profitability.

6 Tips for Storing Business Files Safely

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Operating a business, regardless of the industry, has always been tightly connected with a lot of paperwork. Despite the attempts to reduce the height of the mountain of documents each company is obliged to have, most UK companies are still buried in all sorts of files they have to store. So before you start declogging your office and get the folder you are balancing on your head off, you must learn how to store your business files properly. Now, if you are just starting your business, you might still have a lot of space in your new office to put clusters of files upon files, but soon enough, you will find yourself in the same situation almost every other entrepreneur has.

So before you start balancing documents on your head and build elaborate labyrinths of folders, we offer you a better solution – store your files elsewhere. This may sound like a Godsend, but before you rush to place your files in a storage room somewhere, consider the importance of these documents and the fact you might need them at some point.

To make it easier for you, we asked our friends at Fantastic Services, one of the most prominent storage service providers in the UK, and they gave us 6 tips on how to store our business files safely.

Organise your documents precisely

Classification, categorisation and labelling are vital in making your storage room not just a place where you will throw your documents but a place where you can easily navigate and find exactly what you are looking for in a short time. Organisation is key if you don’t want to aimlessly search for hours for a single document after five years. So, make sure to classify your documents according to which department they belong to. For example, if HR issued the file, it should go in one container, while if Finances issued the record, it should go in a separate container. Then, categorise them by date and year. Finally, don’t forget to make a digital master key of which document is where to quickly check where the file you’ll need is on your computer before you go to the storage place.

Naturally, you can come up with your organisation, but ensure it follows the logic that will work best for you.

Pick the right storage containers

Picking the right storage containers might be the difference between losing your documentation and keeping it safe and clean. You might be tempted to use regular old storage boxes, but there are better choices than that, as standard boxes are not very durable. Instead, go for either metal or airtight plastic containers. The plastic containers, depending on how much documentation you have, are a good choice, as they will prevent all elements and oxygen from taking a toll on the paper. Moreover, it will protect your files from rats and other pests, which often destroy large amounts of documents stored improperly.

Naturally, those containers are far more expensive than the carton boxes we all know from movies and TV shows.

When push comes to shove, you must decide what container best suits your needs. It depends on the type of documentation, where you are storing it, and how much time you expect it to stay there (most documents have expiration dates, after which they should be shredded and/or burned.

File and label clearly

Before putting all the files in a box, make sure you have a label that clearly states what documents one can find in that container. Otherwise, you risk losing a lot of paper or at least your employee’s time, which can be invested elsewhere. Make sure that you place all relevant information on the container. For example, a box that only says “IT” gives very little information. You need to put at least the date the documents were issued, and if you separated them into other sub-categories, the labels should also state them.

Keep everything away from moisture

That should be a no-brainer, but if you were wondering, the paper does not react very well to moisture—especially the ink on that paper. So, while suitable plastic airtight storage containers might be the first step in preventing your files from becoming a shapeless mass of pulp, you need to consider the storage place itself. You must ensure it’s prepared for floods and heavy rains if it’s your own building or facility. Unfortunately, in recent years there has been no lack of both in the UK, and with climate change, chances are they will most likely become even more severe each year. The best solution would be to have climate-control storage, so neither heat nor cold can affect your files.

Agree on a system for access and disposal

As your business grows, you need to start delegating work to others. That means that some of your teammates will need access to the documentation. You should be aware of the seriousness of this responsibility. Ideally, only loyal, long-term employees who have proven their worth will receive access. Sadly, best-case scenarios are only in textbooks and movies. So, instead, you need to prepare an easily understandable and secure system for access. Allowing everyone in the file storage is not very safe, so only people who need those documents (most likely in the upper management) should have access. They should be able to confirm when, why and which file they used.

Moreover, you will need to implement a process for disposing of expired and other documents that lost their relevance. Throwing away files in the public bin is not only irresponsible but is also illegal. So, delegate the responsibility of properly disposing of those files and ensure all norms are followed to the letter.

Invest in a good infrastructure for storing

Storing your sensitive files is not something to be taken lightly. Thus investing in some infrastructure to keep them protected is a must. An alarm system with motion sensors and CCTV is the bare minimum. Moreover, you need to invest in proper shelving, as just placing everything on top of each other will quickly lead to chaos. So, don’t be cheap and allocate the needed budget to prepare the storage facility for the vital job that awaits it.

Follow these 6 tips, and you can protect your sensitive documentation against the weather, pests and malicious actions without having them by your side at all times. 

Tips to Make Your Company More Cost Efficient

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Making your company cost-efficient is important if your cash flow is slow or if you don’t have blossoming finances in the first months or years of your business’s lifespan. Luckily, there are many ways that you can make your company more cost-efficient, and here are just some of them.

1.   Look at Affordable Supplies

When you’re getting supplies for your business, you might feel overwhelmed by the selection that there is to choose from. However, rather than feeling daunted by the number of different options out there, you should instead look for affordable alternatives that can still provide your business with the highest quality possible.

For instance, if you’re looking for takeaway coffee cups for your restaurant business, you should look at investing in a double walled coffee cup for your brand. These are both cost-effective and eco-friendly. This means that you’ll be able to enjoy the best of both worlds. It also means that customers will continue to flock to your business without noticing the difference in the coffee cups that you’re offering. You should never just go for the first option that you find or a brand that you recognise.

2.   Trim Your Team

Many businesses are leaking way too much unnecessary money through their payroll. Instead of taking on more and more staff and finding that your team members are often at a loss for what to do, you should trim down your team as much as possible.

For instance, you should consider cutting down on any role that doesn’t actively contribute to your company and consider merging roles where responsibilities come under the same banner.

Instead of taking on more employees, you should also look out for dedicated, motivated, and talented employees who can do the necessary work at a faster pace than those who came before them. This will then mean that the amount of money that you pay out on your employees is worth it.

3.   Be Careful With Your Inventory

Although you might think that your stock room’s shelves look bare without any stock on them, it’s important that you’re careful when it comes to your inventory.

You should make sure that you only purchase exactly what you need to keep your business running, and that you don’t order extra stock of products that aren’t selling well. You should also only place orders when you’ve nearly sold out of the stock that came before.

This will make sure that your stock room isn’t haemorrhaging money and that you’re able to keep on top of your expenses.

4.   Audit Your Marketing

Instead of paying out for marketing schemes that aren’t paying off, you should instead make sure that you regularly audit your marketing campaigns. This will make sure that you can find out which marketing techniques are worth the money or if the money would be better spent elsewhere. You will then be able to keep only the marketing campaigns that are giving you a good return on your investment.

How Launch House Is Redefining the Global Community

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In March 2022, Launch House, established by founders Brett Goldstein, Michael Houck, and Jacob Peters, made Fast Company‘s list of the 10 Most Innovative Social Media Companies of 2022. An appearance on this list might seem unusual because, in a technical sense, the membership community has very little to do with so-called “conventional” forms of social media. However, because the community is a disruptor in every sector it’s involved in, the prize isn’t truly as surprising as it would appear at first glance. In fact, the benchmarks that Launch House has set for 2023 demonstrate how appropriate the reference is.

The company’s success in social media can be attributed to the creation of something that’s been referred to as hacker home 2.0. When Launch House was started in 2020, its co-op property in Mexico resembled similar spaces that already existed in Silicon Valley. Entrepreneurs with promising business prospects were welcomed to reside together under one roof. The hope was that they’d forge genuine, mutually supportive relationships that could uplift the individual inventiveness of each entrepreneur.

During the height of COVID-19, communal housing seemed logical, and Launch House has since demonstrated that there’s still significant benefit in utilizing this approach by continually rolling out four-week residency programs. Launch House’s planned communities of creatives, builders, and founders grew as a result of these programs. Subsequently, the company’s founders decided to expand their offerings in Web3. In doing so, they redefined the concept of community and collaboration. 

The Latest Community Network

Launch House had progressed beyond the basic accelerator concept by the beginning of 2021, when limitations imposed during the worst of the epidemic began to loosen. There are now Launch House locations in Los Angeles and New York City, where members can benefit from the enterprise’s services in person. However, in Web3, users can also sign up for the online community housed on Gather, a 2D virtual workplace that’s financially supported by Sequoia Capital. Members of Launch House can come from all over the world and make natural connections in the environment of a virtual university. They can also take advantage of educational opportunities that were valuable enough to cause many founders to question the necessity of putting money into a four-year college degree that might not provide a good return on investment.

The Next Level

Launch House was able to genuinely establish a wide social network after making this pivot because it has a reach that extends across both physical and digital venues. This made the network accessible to people all over the world. That reach is significant, and it’s helped inspire other member-based success stories — like the creation of Showtime, which is a Web3 social network that was the idea of Launch House member Alex Masmej. Success stories like this have helped drive the growth of the Launch House community. But more than that, Launch House has lowered the barrier to entry to its premium membership model by signing away any right to share capital in members’ startups and by financing a subsidy program that cuts costs for founders from underrepresented communities. All this has greatly increased the community’s accessibility.

Ample Financial Backing

The Launch House team has had a very successful year in 2022, which may not come as much of a surprise given all of the innovations that have been introduced. Launch House initially raised $3 million in seed money, and this year it concluded a $12 million Series A round of funding. Additionally, it announced the establishment of its venture arm, House Capital, which will be supported by a fund in the multimillions of dollars.

Hyperpigmentation: Understanding, Preventing & Treating

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Hyperpigmentation is a common skin condition that results in the appearance of dark, discolored patches on the skin. It can be caused by a variety of factors, including sun damage, hormonal changes, and certain medications. In this article, we will discuss the different types of hyperpigmentation, how to prevent it, and the various treatments available.

Definition of Hyperpigmentation

Hyperpigmentation refers to the overproduction of melanin, the pigment that gives color to our skin, hair, and eyes. Melanin is produced by cells called melanocytes, which are located in the bottom layer of the skin’s epidermis. When these cells produce too much melanin, it can result in dark, discolored patches on the skin. Hyperpigmentation can occur on any part of the body, but is most commonly found on the face, hands, and arms.

Causes of Hyperpigmentation

There are several different causes of hyperpigmentation. Some of the most common include:

Melasma

Melasma is a condition that causes dark, discolored patches on the skin, typically on the face. It is most commonly found in women, and is often triggered by hormonal changes, such as those that occur during pregnancy or while taking birth control pills.

Post-inflammatory Hyperpigmentation (PIH)

PIH occurs as a result of an injury or inflammation to the skin. It can be caused by a variety of things, including acne, eczema, and even certain types of skin treatments. When the skin is injured or inflamed, melanocytes can become overactive, resulting in the production of too much melanin and the appearance of dark, discolored patches on the skin.

Age Spots (Liver Spots)

Age spots are also known as liver spots and solar lentigines, they are common in older adults, and are caused by sun damage. As we age, our skin becomes less able to protect itself from the sun’s harmful UV rays, which can lead to the overproduction of melanin and the appearance of age spots.

Sun Damage

Sun exposure is one of the most common causes of hyperpigmentation. The sun’s ultraviolet (UV) rays can cause damage to the skin, leading to the overproduction of melanin and the appearance of dark, discolored patches. Sun damage can also cause age spots, freckles, and even skin cancer.

Prevention of Hyperpigmentation

While it may not be possible to completely prevent hyperpigmentation, there are a few things you can do to reduce your risk.

Sun Protection

One of the most important things you can do to prevent hyperpigmentation is to protect your skin from the sun. This means wearing sunscreen every day, even on cloudy days, and limiting your time in the sun during the peak hours of 10 a.m. to 4 p.m. when the sun’s rays are the strongest.

Avoiding Skin Irritants

Certain products and ingredients can irritate the skin, leading to inflammation and the development of hyperpigmentation. To reduce your risk, it’s important to avoid using harsh soaps, scrubs, and skincare products that contain alcohol, fragrances, or other irritants.

Limiting Skin Exposure to Chemicals

Certain chemicals, such as hydroquinone, kojic acid, and retinoids, can cause hyperpigmentation if used in excess. To reduce your risk, it’s important to use these products only as directed and to avoid over-exposure to them. It’s also important to do a patch test before using any new product on your skin to ensure that it is not irritating.

Avoiding Certain Medications

Certain medications can cause hyperpigmentation as a side effect. These include tetracycline antibiotics, non-steroidal anti-inflammatory drugs (NSAIDs), and certain antidepressants. If you are taking any of these medications and are concerned about the risk of hyperpigmentation, it’s important to speak with your doctor or pharmacist.

Treatments for Hyperpigmentation

There are several different treatments available for hyperpigmentation. The best treatment for you will depend on the type and severity of your condition, as well as your personal preferences.

Topical Creams and Serums

There are several topical creams and serums for treating hyperpigmentation. Hydroquinone and kojic acid are two of the most commonly used ingredients for this purpose. They work by inhibiting the production of melanin and can be found in many over-the-counter products.

Chemical Peels

Chemical peels use a solution to remove the top layers of skin, revealing the lighter, more even-toned skin underneath. These peels can be used to treat hyperpigmentation and can be done in a dermatologist’s office.

Microdermabrasion

Microdermabrasion is a procedure that involves using a special device to remove the top layers of skin. This can help to reduce the appearance of hyperpigmentation by promoting the growth of new, healthy skin.

Laser Therapy

Laser therapy uses concentrated light beams to target and destroys the melanocytes that are producing excess melanin. This can be effective for treating hyperpigmentation, but it can also cause side effects, such as redness and irritation. It’s important to speak with a dermatologist before deciding on this treatment.

Home Remedies for Hyperpigmentation

While there are many effective medical treatments for hyperpigmentation, some people prefer to use home remedies. These include:

  • Aloe vera: Aloe vera can help to lighten hyperpigmented areas when applied topically.
  • Lemon juice: The acid in lemon juice can lighten dark spots and even out skin tone.
  • Turmeric: Turmeric has been used for centuries to lighten dark spots and even out skin tone.
  • Vitamin C: Vitamin C can help to lighten dark spots and promote the growth of new, healthy skin.

It’s important to remember that home remedies may not be as effective as medical treatments, and they may take longer to see results. It’s also important to do a patch test before using any new home remedy to ensure that it is not irritating.

Hyperpigmentation is a common skin condition that can be caused by a variety of factors, including sun damage, hormonal changes, and certain medications. While there are many effective medical treatments for hyperpigmentation, it’s also important to focus on prevention by protecting your skin from the sun and avoiding skin irritants. Home remedies can be a good option for those looking for a more natural approach, but it’s important to speak with a dermatologist or skincare professional to determine the best course of action for your specific case.

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