Your Business Can Survive the Current COVID-19 Pandemic If You Do These

Indeed, the present times and seasons aren’t any man’s favorites. The unprecedented coronavirus pandemic threatens to overrun the hard-earned accumulated gains in all aspects of man’s life. Virtually, every sector has been negatively impacted, and more especially the health and economic sectors. Daily, we see large and small businesses closing, companies shutting down.

And with the health protection measures in place, such as the lockdown, it’s difficult for businesses to carry out their business activities smoothly as before. Consequently, the inability to carry normal business functions can lead to a sharp decrease in revenue, ultimately causing the business’ total collapse. However, your business can survive the current COVID-19 pandemic.

Your venture doesn’t have to die during this crisis period. With worthwhile strategies in place, your business can remain afloat in the overwhelming sea of the present turbulence.  As an entrepreneur, here are five strategies you can deploy to survive your business despite the unfavorable conditions that abound.

1. Create a New Plan

If you initially had a backup plan for your business, now is the right time to implement it. And if you don’t, you can create a new effective plan. It might seem challenging to develop a working plan amid the overwhelming uncertainties, but you’ve to do it. As the CEO of your business, find a quiet place in a stimulating environment and think deeply about how you can redesign your business, such as getting new financial sources, more customers, etc., to keep your business going.

Depending on your business’ nature, you might have to involve your critical employees during your planning. And if it’s unnecessary, then go ahead and formulate a working plan yourself. For example, an idea which might involve laying off some workers, or cutting their salaries might be challenging to make with your employees. After you might have formulated your plan, you’ve got to pen it down. Consider making it well-defined and structured to aid its straightforward implementation.

Then, ensure all your employees are primarily aware of your new plan, and why you’ve to follow the procedures. For example, if your method involves laying off some workers temporarily, you can meet with them and explain why you’ve to do that. Let them know you have their utmost concerns in mind.

2. Cut Your Budget

With your new business plan in place, the next step is cutting your budget. You’ve to ensure your budget adapts to the crisis period without leading to any financial loss. You can make a new monthly budget for the crisis period, keep to significant expenses, and reduce your purchasing power. It’s also likely you’d have to reduce your staff, serve clients only after payment, or abandon a slow-selling product or service.

Whatever it is, maximize your budget effectively, spend only on goods and services that are fundamentals to your business’ survival. It might be difficult to cut some expenses, but you’ve to establish your business’s survival as an essential goal. For instance, it’s not necessarily crucial you pay all your debts during this period. You can request financial considerations from your creditors and ask to pay at a future date. And when your business starts gaining strength, you can begin to add your cut expenses to your budget.

3. Work Remotely

Presently, we see an unsurprising surge in the use of remote approaches by many businesses and organizations worldwide. However, asking your employees to work remotely depends substantially on your business’ nature. Take, for instance, if you own a restaurant business, it’s unfeasible to work remotely.

But if you’ve got an establishment such as a financial firm that provides financial services, then it’s easy to request your workers to work remotely. Thus, in a case where working remotely is unfeasible, such as a restaurant business, consider engaging in delivery services for your trusted customers. And if remote working remotely can aid your business’s proper functioning, then you can ask your workers to work from home.

4. Go Online

Fortunately, in this digital age, you can easily carry out significant functions via the internet. You can outsource for services and goods on popular digital marketplaces for the smooth running of your business. And also communicate with your employees on reliable social media platforms.

However, due to the prevalent use of the internet by many businesses and companies, cybercriminals and crimes rise daily. Therefore, consider investing in digital protection services that are quite affordable for you or anyone to protect digital activities, and prevent online exploitations.

5. Reach Out to Your Customers

Now is the best time to reach out to your customers. The way you interact with your customers during this period could define your business for many years. Consider making them aware of your new plans and the new ways you can serve them. If possible, you can reduce your prices to show the utmost concern for their welfare. And assure them of your plans to help them better, even during this crisis period. Never keep reaching out to them. It matters.

Conclusion

The final cap thereof is your patience; you’ve got to be patient. Don’t carry out your plans hastily with quick expectations. Ensure you’re meticulous in every one of your projects, and sooner or later, you’d see the positive results. Create a plan, cut your budget, work remotely, go online, connect with your customers, and thrive your business even during this unfavorable crisis period. Your business can surely survive the COVID-19 pandemic.



The Impact Of Technology on How We Cook

Turn your searchlight anywhere, and you’d see the visible giant footprints technology has registered in every man’s sphere. The remarkable impact of technology in the world today is clear enough for all to see. Talk of transportation, communication, entertainment and media, and other facets of humanity, technology has positively, and satisfyingly revolutionized all.

A significant area in which technology has had many positive effects is cooking. Nutrition is a fundamental characteristic of living things. Therefore, we can’t do without eating in a day. And how do we prepare our food before eating? Cooking, of course.

It’s exciting and relaxing to witness the notable improvements in the appliances we use for cooking, including the remarkable changes in the manner we approach cooking in this 21st century. We can now rely on a guide on what we should eat, preparing them, and the daily choices we make about nutrition. If you think the latest significant change technology caused in your kitchen is the microwave system, you should consider thinking again.

However, I’ll broaden your mind and enlarge your intellect with the visible and immutable technological developments that have made our cooking simple, faster, and more comfortable, thanks to the ever-growing technology. So, let’s take a brief mental discovery journey together now.

Social Media Services

You’re probably wondering what social media has got to do with cooking. Well, social media has a lot to do with the kitchen. Social media, which is a significant constant in our lives, determines the foods we opt for, and the meals we prepare. For instance, you can make a mouthwatering meal, take and upload its bright image on Facebook or Instagram, and in a moment, the picture spreads on the chosen social media platform.

The picture might attract many people’s attention, and one or more users might add it to their next cook lists. Food is one of the fastest-growing categories on Pinterest, with over 15 billion ideas and counting. There are almost 300 million photos of meals on Instagram, and new ingredients and recipes are discovered on the social platform daily. Many Instagram users discuss food even more than fashion or music, making it a hot topic for discussion.

We see daily images of delicious desserts and lunches; many social media users prepare and are ready to teach other interested users to do the same. You can also connect and learn from great cooks worldwide on social media platforms about how to prepare memorable meals for yourself and your family. Technology made this possible.

Online Cooking Tutorials and Lessons

The internet takes the lion’s share in influencing our eating and cooking habits. Do you want to learn how to cook the latest hot eats? Then pop a search on the internet as your virtual cooking assistant. With the availability of vast information on the internet, technology has made cooking much more comfortable.

Online tutorials from recipe websites are now the most useful resources for home cooks, and you can also take these tutorials with great ease at the comfort of your home. Many online tutorials and lessons can give you a  comprehensive step-by-step guide to cooking any food you want.

You don’t want to carry bulky cookbooks, which nonetheless contain only hundreds of recipes.

With a click on the internet, you can access thousands of recipes, dish recommendations, menu planners, and cooking tips of your choice. Watching original cooking videos on internet sites such as YouTube and Zoom, you can learn all the know-how of cooking methodology with an extra opportunity to ask questions and leave comments. Approximately 65% of the world’s population, who are visual learners, can also learn cooking techniques quickly with the aid of visuals and images available on the internet.

New and Better Cooking Appliances

Another golden improvement technology has registered on how we cook, helping man innovating appliances and, likewise, improving the existing ones. Now, our cooking is not just made quicker and more relaxed; the meals retain their nutritional values and maintain their quality. With more inventions every day, there are countless numbers of huge-tech gadgets that improve our cooking significantly.

We’ve been able to conserve time when cooking due to the faster rate in which we can prepare our meals. The traditional systems and tools for cooking are gradually becoming obsolete as better devices and means replace them. The kitchen has been fun and continues to be. Do you love to grill your barbeque? You’ve got an exhaustless list of grills you can choose.

And if you enjoy roast meats, you can prepare them with your choice roasters. No matter the cooking method or technique you wish to adopt for your cooking, technology has made available the right and efficient appliances you can use to your advantage.

Shopping for Cooking Ingredients and Materials Online

The old era of tiring physical searches for cooking ingredients and materials and foods is over. Advancements in technology have made it possible for you to choose your next cooking ingredients at virtual online shops and supermarkets. You can likewise get nutritious artists’ foods, healthy supplements, and unique cuisines online, which weren’t readily available before. And they are taken in addition to conventional foods for optimal health results.

With a click, there are food websites where you can get almost all cooking ingredients, materials, recipes, and magazines specially designed to meet your needs. You can, therefore, customize your cooking to your desired taste and preference.

Conclusion

Daily, we enjoy the fantastic benefits of technology in our everyday life and, most notably, in the area of cooking. We don’t have to wait for years before our food gets done anymore, and we can cook faster, more comfortably with increased quality.

Resounding positive effects of technology on how we cook abound, and we believe in years to come, our cooking would have been more enriched and fulfilling.



Tips For Traveling Long Distances On A Motorcycle

I’ve taken many journeys on a motorcycle and let me tell you something-not all of them were winners. I can’t tell you how many times I’ve found myself unbelievably uncomfortable over the course of hundreds of miles. Constantly rearranging luggage, myself, and stopping to figure out why my trip wasn’t going as planned. Traveling long distances on a motorcycle isn’t the easiest thing to do unless you plan accordingly.

Making The Best Of Your Trip

Before you head out onto the open road, it’s imperative that you pack the gear that’s proper for your trip. Think about this, if packing for a trip in a car is a challenge for you, how do you think it’s going to be on two wheels over a long distance? You need to take into consideration what you absolutely need to have and what you can fit on your bike.

Gear

 

Think about what you are going to need in terms of gear. You should always have your main protective clothing such as boots, rainsuit, gloves, and of course your helmet. If you need a new one or you are picking one out for the first time, take some time and read a good guide that’ll help you with your decision. Personally, I like to ride with a vest on and a sweatshirt if it’s a little chilly outside. Depending on where you ride, the weather could fluctuate to the point of needing it.

Prepare Your Bike

You may not think it’s such a big deal, but before you head out for your trip you should make sure your motorcycle is in tip top shape for your ride. You don’t want to be in the middle of the desert or somewhere without cell service trying to make repairs yourself or calling somebody to come give you a lift. Before you leave, make sure you do all regular maintenance and pack a tool kit or join a towing service just in case.

Know Your Limits

A 1000 mile ride may seem like a fantastic idea, but if you are only used to traveling 100-200 miles at a time, this isn’t something you’re going to want to attempt in one shot. You want to plan your trip and eliminate anything that’s going to disrupt your ride. Make sure you research all stops around you, try to map out your roads and be aware of them and if you get tired, pull over for the night and take a rest. It’s dangerous to ride while you’re tired.

Camping On The Bike?

Camping with A Motorcycle

 

This is something that I’ve done as well and it’s not as difficult as it sounds. If you plan to take your motorcycle on a camping trip, here’s how you can do it without a struggle. You’ll want to make sure you pack as light as possible. Depending on what kind of storage you have for your bike, you can fit clothing, tools, a small tent, a sleeping bag, an air mattress, and some other smaller essentials. It’s just a matter of strategically packing it all so it’ll fit.

Conclusion

Traveling on a motorcycle is very rewarding. I would much rather see the world without four doors and a bunch of windows blocking my view. There’s nothing better than getting out on the open road with the wind blowing in your face, take my word on this.



Sleeping Like a Celebrity- Tips to Follow

When we see the celebrities featured in magazines while waiting in line at the grocery store, it can be easy to feel self conscious. While computer editing software can take ten years off anybody, the fact remains that a large percentage of them look great with or without Photoshop and even makeup. This is because, for those serious about maintaining their appearance for the long term, many of them take steps to treat their body the right way to slow the aging process and feel great.

While diet and exercise are obvious components to consider in the achievement of this goal, there is an aspect that’s all too often overlooked. Sleep deprivation can add years to your aesthetic qualities and even put you at risk of the development of a number of serious health problems including:

  • Weakened immune response
  • Cold and flu
  • Type II diabetes
  • Heart disease
  • High blood pressure

While you may suffer with tossing and turning and have even tried medications with little or no improvement, the answer you’re looking for may be easier to achieve than you ever realized. These three tips will help you sleep like a celebrity and improve your overall quality of life.

1. The Right Mattress

nacreous-pad4Let’s face it. While there are efforts you can make to sleep like a celebrity, you likely won’t ever be able to spend like one. While they can afford top-of-the-line mattresses to help encourage a great night’s rest, you will have to make more sacrifices. The good news is that you can achieve an improved comfort level at a cost you can afford when you consider the small investment in a mattress pad.

Rather than buying an entirely new mattress unit, you can just replace the part that matters. There are a variety of options from which to choose, and this allows you to find the one that works best for you as an individual. In order to find the best mattress pad that will ease back pain, be sure to take advantage of reviews and do plenty of research before making your decision.

2. Take Time to Transition

book-791824_640Most of us keep ourselves busy with a number of things. From work and school to kids and more, it can often feel as though there simply aren’t enough hours in the day to get everything done.

Celebrities like Renee Zellweger recognize this fact, and it is helpful to create a bedtime ritual that begins around an hour and a half before you intend to fall asleep. First, face the fact that you have to sleep, and make it a habit to do things during this time such as:

  • Listening to soothing music
  • Dimming the lights
  • Reading a book quietly in bed

We are creatures of habit, and your body becomes accustomed to whatever you expose it to on a regular basis. By the time you really need to get to sleep, you’ll be more prepared.

3. Exercise Before Bedtime

exerciseCheryl Hines, co-star of the hit show on HBO Curb Your Enthusiasm, has long suffered with insomnia to the point she would find herself waking up frequently throughout the night and unable to fall back to sleep. If this happens to you, it’s a good idea to consider exercise about three hours before bedtime. Not only does this allow you to burn off some excess energy, but it also helps maintain proper health, an aspect that has a direct effect on your ability to achieve quality sleep.

The Restful Night’s Sleep You Deserve

If you’re like the approximately 33 percent of adults who don’t get the recommended eight hours of sleep per day, then you’ve likely suffered with consequences. From a lack of focus and irritability to weight gain and more, there are so many areas that can be negatively impacted. You only have one life to live, and you deserve the ability to feel like a celebrity every morning after a restful night’s sleep. These three tips can help you achieve just that.



How Technology is Changing the Way We Care For Our Teeth

Over the years, the dental industry has gone through some major upgrades. It has expanded its use of technology to include many new procedures and pieces of equipment designed to make your dental experience as comfortable and thorough as possible. Water flossers are a great example of how the dental industry is evolving to meet the needs of you, as the patient. This article will explore water flossers and several other technological advancements that you may see at your next appointment.

Water Flossers

oral irrigator sampleFollowing a dentist’s instruction to floss daily is something that you might not be too excited to hear. Unfortunately, flossing has been proven as one of the most effective ways to prevent tooth decay and gum disease, thereby promoting good oral health. Water flossers are an advancement in the dental industry that make flossing more appealing and easier to remember. A water flosser (or water pick) uses water pressure to clean between the teeth and gums. You can look at helpful reviews at Pearly Whytes. You might be skeptical as to the effectiveness of these devices, but they actually have been proven to be gentler and better at cleaning gums than traditional flossing.

 

Digital X-Rays

Thought x-rays have been around for quite some time, the advancement towards going digital has improved the quality and overall patient experience at the dentist. Digital x-rays use a digital image instead of traditional x-ray film to capture the necessary pictures. The benefits to this include less exposure to radiation, an immediately available preview, and the ability to enhance the quality of the image if necessary.

 

Dental Implants

Dental Implants have become a popular choice for many patients over the last 25 years. They are basically artificial tooth roots that can be placed in your jaw to anchor a replacement tooth. These allow many patients to replace missing teeth one by one instead of investing in an entire set of dentures. Even if you are missing an entire set of teeth, dental implants can be inserted to help anchor a full denture in order for it to be more secure. Over time, the advancement in technology has lead to better outcomes of dental implant placement. These days the success rate is nearly 98%!

 

DIAGNOdent

Detection is key in maintaining good oral health. The DIAGNOdent pen is a piece of technology that serves just this purpose. DIAGNOdent is a non-invasive laser that detects tooth decay from inside the tooth’s surface. This allows dentists to take a much closer look at each tooth, versus simply the surface visibility that they previously had. This laser allows decay to be detected much soon than it would be with other methods, meaning that, if you are diagnosed using this, you have a much better success rate of correcting whatever issue appears.

 

Laser Dentistry

Finally, laser dentistry is a practice that is contributing to the growth in comfort and effectiveness of many procedures. Lasers allow dentists to avoid using drills, scalpels, or other invasive tools in many cases. They can help reduce canker sores, expose wisdom teeth for better removal, perform biopsies, help treat infections, and much more. Though lasers can’t be used in every procedure, they are becoming more common each day. Ask your dentist if the procedure that you need is a candidate for laser dentistry, and you might be surprised that the answer is yes!

 

Conclusion

Professional dentistry is an ever-evolving profession that is making new advancements in technology each day. From water flossers to laser dentistry, there are hundreds of new options that you, as a patient, can choose from to make your experience at the dentist more appealing. It’s exciting to think of where we might be in 20 years in terms of dental technology. Don’t be afraid to ask your dentist about a new procedure, technique, or piece of technology that you may have read about. It may save you some money and some discomfort, which is an appealing thought for even the most infrequent dental office visitor.



How Technology is Changing Yardwork

Of all the investments you’ll make in your life, the one made in your home is likely a top contender for the most significant. Because of this, you likely feel a sense of pride and do what you can to maintain its integrity. One of the most cumbersome jobs that falls on the hands of homeowners across the country is yardwork.

While the work can be grueling, it’s never been easier to work smarter instead of harder. Due to technological advancements, there are a number of ways in which you can cut back on the labor and show the neighborhood a yard you can be proud of. Here are three that are certainly worth consideration.

  1. Battery Powered Trimmers

Battery operated trimmerAfter the lawn has been mowed, it’s necessary to trim the edges with a weed eater. However, it can be time consuming to go to the store, get gas, and continually fill up the machine. When you rely on battery powered trimmers, on the other hand, you can get to work quickly. Unlike corded trimmers, you get to enjoy the mobility necessary to get the job done right. Best of all, with a long battery life, you don’t have to worry about having to stop the job to recharge. For more information on battery technology in line trimmers, you can find much more information in regards to the best considerations to make when purchasing here.

  1. Robotic Lawn Mowers

If you love the look of a freshly-mowed lawn but don’t like the process of actually performing the work, there’s another handy gadget that just might catch your attention. Robotic mowers have actually been in existence for quite some time, but they are beginning to grow in popularity as recent changes in their design have made them easier to use. Just some of the exciting features you can take advantage of include:

  • Programmable cutting paths
  • State-of-the-art sensors
  • Remote control options to avoid obstacles and keep the machine on track

Robotic lawn mowers are available through a variety of companies, and recent interest has enabled many manufacturers to reduce their pricing.

  1. Remote Irrigation Control

remote irrigation controlJust as with all living things, you lawn requires adequate water to thrive. While you may already have a standard clock timer for your irrigation system, there is a new technology on the market that can achieve the same goal while saving you money. Remote irrigation controls allow you to start and stop your system when you want to. According to the Environmental Protection Agency, the use of one of these devices can save 8,800 gallons of water annually. That’s enough to save the country approximately $435 million in water costs due to overwatering. For more information regarding remote irrigation control, visit the EPA’s website.

 

Saving You Time and Money

It’s said that good things come to those who wait, and this is often the case. However, when it comes to creative lawn management, these new devices are able to get the job done more quickly and efficiently while saving you time and money. Technology has largely changed the way we live our daily lives, and you can use these advancements to create an aesthetically-pleasing yard the entire neighborhood can enjoy.



In the Thick of It: My First Hunt

There I was, in the thick of it. The sun peeking between the hills in front of us. My partner Geoff – an experienced coyote hunter – is whispering we need the sun on our backs. Make it harder for prey to spot us. Besides, we don’t want the sun in front of us hindering our vision.

I have never hunted before and will not get into why. Geoff is a friend and has tried to get me out for years. He finally convinced me I had to at least try. So, after several weeks of research, including the importance of your stand, the unpredictability of coyote behavior and reviews of some top notch rifle scopes, there I was, in the thick of the hunt in Coulee County, Montana.

Team HuntingWe spent the drive (and the days before) setting up the ground rules. As most hunters tend to go solo, it is important that teams be on the same page. Hunters have individual styles and a responsibility to avoid even the smallest conflict. The worst that could happen is you end up not catching prey tripping over each other. At worst, you shoot somebody. I was taking notes. Geoff told me to knock it off. In the wild, I would not be able to refer to notes. Any unnecessary movement – even leafing through a small notepad – was forbidden. In fact, limited movement and noise was at the top of the list. Also on the list was shooting etiquette, establishing the zone of fire for each of us and who the primary shooter would be, the person who got first crack at prey. Geoff decided that should be me.

We had already scouted the location, using Google Maps and Geoff’s own familiarity with the region. Once out the truck, we checked our gear and got into our camo. We did our surveillance: looked for tracks and bodies of water (you’re more likely to come across coyotes as they eventually need to quench their thirst) and scoped out hazards like areas we do not want to shoot towards.

hunting standGeoff helped me find my stand (basically the spot where you wait) before setting up his. We were both on our stomachs, weapons ready, hiding in tall weeds. Our calls and decoys were about 30 yards to the west. When I signaled I was ready, Geoff activated the “calling,” a mimicked cry of an animal in distress. Any coyote, figuring an easy meal was waiting, would seek the call.

Geoff called for about 10 minutes, took a break, started again. We were on the ground almost an hour before my partner signaled me. And there it was. A coyote focused on the call, obviously cautious, but looking off toward the decoy. I saw the sunlight in its eyes, creating that alien glow that you usually see in photographs. I was holding my breath. When I let it go – surely as quiet as I am sure the coffee on my desk is still hot – the coyote looked right at me. Its eyes still aglow. My head was fully covered (cap, hood, face mask), supposedly blending into the background, but the animal found my eyes. And it ran. Long before I even remembered I had a rifle.

My first hunt. Geoff has not let me forget how I screwed that up. But I didn’t. More than anything, the brief encounter made me realize how I really feel about hunting.



How Technology Is Changing Us

technologyBack before cell phones and smartphones, the only way we could communicate with each other was in person or using a landline phone to make a phone call. Today, all you need to do is send a text message or a snap chat. Does anyone even use a cell phone to make a phone call to friends anymore? The only nice thing that I can say about smartphones is that it makes it easier for people to communicate with those who may not be close via facetime or other visual talking application. So, why are people so disconnected even though they can be connected with everyone at the same time?

How It Was Different

When I started dating my now husband, the only way we could talk was if we saw each other at work or if we called each other from the house phone. He did have a cell phone, but he was only allowed to use it for phone calls after 9 p.m., ah, the good ole days of the early 2000’s.  I would get so excited for his phone call when it was free to talk. Today, him and I can be in the same room and be on our cell phones talking to multiple people at the same time through text messaging and when he is at work, the excitement of talking to him isn’t as great as it was when I had to wait all day for a phone call. He can stop and text me while he is working and I can talk to him whenever I feel like. To me, it seems like couples don’t have the same kind of relationship as they did back when talking to their partner wasn’t so accessible.

Connected But Disconnected

Since technology has made it easier for people to stay connected, it has also cost couples to be disconnected. I have been in restaurants and saw couples sitting next to each other but not being able to put their cell phones away. Either one is taking selfies or pictures of their steak and potatoes, while the other is texting or playing a game. They are there, but not there. By the time their meal is over, they only said maybe 10 sentences to each other. How can relationships work like that? And now, they don’t even have to get together to see each other. All they need to do is push the facetime button and that’s it. They can virtually see each other and talk, “share” a meal, and do whatever else. Think about it, if people are like this now, how do you think technology is going to change us over the next 10 years?

I can’t imagine what people are going to be like in the years to come. People today can’t have a normal conversation, can’t put their phones away for 5-minutes, and can’t go to the bathroom without it. Kids have cell phones and tablets even though they aren’t old enough to properly use them. Technology is going to continue to expand while physical human interaction is going to decrease. Eventually, I feel like we are all going to be linked to some kind of robot that displays our face so that we can communicate with other robots and go places without actually having to leave the house. It seems like something out of a movie, but today, it doesn’t seem too farfetched does it?

 

 



How technology is changing in the home improvement industry

I personally believe that the advancements in technology has affected the lives of many in more ways than one. It’s safe to say that our lives are completely different from the lives of the many generations before us. In terms of basically everything, technology plays a very vital role in almost every aspect of our life. Technology for us has went from being a luxury commodity to a necessity –nowadays, every other thing is dependent on technology.

We can thank technology for the smartphones in our pockets, the laptops on our desks, and even the stereo system in our cars. Places like supermarkets are greatly dependent on technology to function properly; computers to keep inventory, barcode scanners to price check products, and escalators to help the customers commute efficiently. But apart from that, we don’t need to go too far to see the advancements of technology.

Technology has done wonders for the home improvement industry as well. Some of the many advancements we now have by virtue of technology are mentioned below;

 

Air compressorsAir compressors: I think that air compressors are by far the renovator’s most favorite tool, there are a great number of uses for this tool, from repairs to renovations to carpentry, etc. An air compressor is considered a must have for each of our households by many decorators and renovators.

Technology has changed air compressors for the better, older models of air compressors used to be bulky, heavy, had a bad effect on the environment, and required a lot of power to function. As compared to newer models, which are efficient, portable, cost effective, and even environmental friendly. Air compressors used to take up a lot of space in our olden days and even emitted many hazardous fumes, but those times are long gone. Thanks to the advancement in technology air compressors are now lighter than before and very portable – check out the best portable compressors on this comparison review site.

 

Compact reciprocating saws: Everybody knows that woodworking and home improvement go hand in hand. I believe that technology has done its wonders with the traditional reciprocating saw and made it smaller, lighter, portable, and more energy efficient –as well as cost effective.

Not to mention the stability and precision is still there, even better than before. We find it very surprising that such a big piece of equipment is now a simple tool which can be operated single handedly. Now reaching small places to cut off nails or severing pipes won’t be the appalling task it once used to be for us –thanks to this.

Electric screwdrivers: I’m very thankful to these tools, now unscrewing or screwing rusty screws won’t be the painstaking task it once used to be. We think this is by far the greatest advancement technology has ever given to the home improvement industry. I think electric screwdrivers show how technology is helping us in our daily lives.

This also gives us a clear cut idea of what more is in store for us in the future. I believe traditional tools are very soon going to be replaced by more efficient, easy-to-handle power tools. Technology has done wonders for the home improvement industry and for us, by doing the unexpected.



Why Mortgage Rates Are Rising

Rising Mortgage Rates

Canadian mortgage rates increased once more this month, but this time around, it wasn’t caused by new data on the economy or a rise in bond yields. Rather, one major lender increased rates, which subsequently led to everyone else following suit—a cycle many mortgage brokers have seen as of late.
Over the last few months, these instances of “Simon Says” have lowered average 5-year variable-rate discounts from prime minus 0.60 percent to prime minus 0.40 percent, and increased average 5-year fixed rates from 2.59 percent to 2.79 percent.
Such sweeping changes to mortgage rates in the country are hard to predict because they often start out as arbitrary decisions made by one lender, signaling everyone else to follow suit. What’s more, in most cases of these changes, lenders that followed have vastly different reasons for increasing rates as leaders did.

Reasons for the Recent Increases to National Mortgage Rates

1. Funding costs of lenders have slowly been increasing, and will continue to do so for much later. The gaps between government debate and the funding mechanisms used by lenders to create capital for mortgages have slowly but surely widened, with investors marking these kinds of credit as being riskier in nature.
However, this general increase and the spreads between residential-mortgage funding mechanisms pale in comparison to the figures seen on other credit types.

Expenses

2. Lenders have a limit on how much they can securitize into the Canada Mortgage Bond (CMB) program. When lenders reach this cap, they have no choice but to transition to other capital sources, which are often more expensive. Of course, some lenders will simply increase rates to compensate for higher funding costs, but some will opt to take these costs for a limited time in order to be competitive against other lenders who don’t necessarily meet their caps at the same time.
However, if competing lenders raise their rates, others will be quick to follow suit. It should also be noted that not all lenders have a viable replace to the CMB, which leads to them using rate spikes to pull themselves out of the competition until such a time that their CMB cap is reset.

3. 2015 has been an extremely busy year for lenders, with many finding themselves short of staff. Challenges to lender capacity are made tougher due to a shortage of experienced underwriters. And with backlogs continuing to accumulate, many lenders have resorted to raising rates in order to slow volume, buying their underwriters time to process applications and paperwork. Mortgage brokers must have been busy!

4. Price/rate wars are at their fiercest during the spring market, when competition is at its peak. As the year comes to a close, and when lenders have achieved their targets—as most have this year—they are more likely to recoup the funding sacrifices made during the spring market push.
Mortgage rates increased recently, but it’s not because of bond yield movements or markets reacting to economic data. Instead, the rate hikes were caused by a combination of the factors above. It’s important to note this distinction, as these kinds of rate increases are usually NOT a sign of a much wider uptrend in mortgage rates.

It doesn’t look like this trend is going away soon. Make sure to keep yourself posted and visit our site for more information. You may also reach out to us for any needed information.