Monthly Archives: November 2018

How to Leverage Small Business Tips To Keep Your Company Afloat

The economy as we know it is in trouble. If things continue to fall apart as they are currently, is your business ready to weather a big financial storm?

There are hundreds, if not thousands of people who have been through these downturns before. These men and women provide valuable small business tips that can really make a difference in providing a way for a small business to survive in tough times. Here are ten small business tips to help you deal with a bad economy.

– Cautiously cut costs. Anytime the economy slows, companies of all sizes start looking for ways to cut their costs. This is not a long term solution. You can decrease prices for a short period of time to spur sales, but if you keep them low for too long, it will end up hurting your business.

– Turn employees into sub contractors. In my company, health insurance is one of our biggest expenses. You can easily cut this cost by turning your employees into sub contractors and cut out insurance costs altogether.

– Keep putting money into advertising & marketing. When everyone else is trying to cut their marketing and advertising budgets, you need to increase yours and capture market share. Hard economic times really weed out your competition, if you are smart, your business will grow.

– Keep business strategies and plan long term. Many companies located in Asia always map out their business strategy around 15 to 20 years out. They basically follow the way of the turtle to win the race. Guess what? It works! Marketing is not a sprint, you should have a long term plan and execute it each and every month.

– Be wise in choosing your marketing techniques. All marketing should be tracked so you can determine your ROI. Eliminate any marketing that is causing you to lose money. Make sure to only choose marketing methods that you can track effectively.

– Revamp your marketing tools. If you have marketing methods that are working for you, this is the time to make them better. Better marketing will always grow your business.

– Automate process whenever you can. Anytime you can automate processes, you will be saving time and money. Why do something yourself if a computer can do it for you? Take time to research possible solutions to your tasks and get rid of things that waste your time.

– Spend your time wisely. 80{fe52e7e01dd81f2ca0f8578f5ee6499806ca7f682f5cd8b9492cde35735163de} of your business is generated by 20{fe52e7e01dd81f2ca0f8578f5ee6499806ca7f682f5cd8b9492cde35735163de} of your customers. Therefore, you should be spending at least 80{fe52e7e01dd81f2ca0f8578f5ee6499806ca7f682f5cd8b9492cde35735163de} of your time tending to those customers who bring you the most business.

– Be happy with what you have. Too many times, companies feel that they need new computers, new handheld devices, etc. If things currently work fine, make do with what you have.

– Reduce your inventories. Reducing your inventory is one of the biggest ways you can reduce your expenses. Try to keep your stock levels just high enough to meet demand.

So, it is vital for you and your company to start preparing for a downturn in business, even if you aren’t experiencing one currently. Small business tips like the ones above will definitely help you make it through the downtimes and come out even stronger.

Information MICE Ideas You Never Considered

Whether you’ve thrown a dozen MICE events in Thailand or are on the cusp on holding your first one, you probably have a good idea of the advantages of holding meetings, conventions, exhibitions and incentives meetings in the Kingdom. From world-class venues, to postcard-perfect destinations, to legendary hospitality and an unbeatable price point, there are as many reasons to choose Thailand as a MICE destination as there are smiling faces to welcome you here.

Thailand is not only a land of smiles, however – it’s a land of surprises. And whether you’re basking in the sunshine along the Andaman or the Gulf of Thailand, rubbing elbows with elements in the mountains on Chiang Mai, having a charming cultural experience in Khon Kaen or doing business in Bangkok, you’ll be surprised at the diverse arrange of MICE venues and activities on offer in Thailand.

Chiang Mai Balloon Adventure

Choosing Thailand for your next MICE adventure sends your business into the stratosphere, so why not at a literal element to this figurative improvement? Whether you take a flight with Chiang Mai Balloon Adventure as the kick-off to a rewarding corporate incentives trip, choose it as one of your team building activities or simply use it as recreation to unwind after a successful convention or exhibition at one of Chiang Mai’s top-notch MICE venues, there are few better ways to elevate your MICE experience than with Chiang Mai Balloon Adventure.

Ladyboy Show in Pattaya

One thing that separates Thailand from other countries in the region is the extent to which lesbian, gay, bisexual and transgender (LGBT) people are accepted in and even celebrated by society. One of the most incredible manifestations of this truth is Tiffany’s Show in Pattaya, which is home to the largest she-male revue show in the world. Reward your highest earners with a private performance of beautiful ladyboys singing all your favorite show tunes, or jumpstart your event at Pattaya Exhibition and Convention Hall (PEACH) by inviting your attendees to a performance they’ll never forget. You can even rent out the venue for a private performance!

Chao Phraya Dinner Cruise in Bangkok

The Chao Phraya River is not only Bangkok’s grandest natural landmark – it’s the best vantage point for many of Bangkok’s man-made landmarks, from the Grand Palace, to the Temple of the Dawn, also known as Wat Arun. Having dinner abroad a Chao Phraya River Cruise is the perfect complement to any MICE event, be it as a kick-off, a closing ceremony or a relaxing respite from the busiest days of the convention.

Flying Hanuman Phuket

If you’ve chosen Phuket as your MICE destination, then you know about how easy it is to integrate sun, surf and party into your Abundant Andaman event. What you might not know is that Phuket Island is still home to some incredibly unspoiled nature, a truth exemplified by Flying Hanuman. Zip line through the pristine jungle of the island alongside your team’s most valuable members, or invite conference attendees to join you for a trip through the rain forest canopy after the close of business to send your relationship zooming into the future.

Traditional Thai Performances in Bangkok

Bangkok is known as Thailand’s most modern metropolis, but relics of its so-called “Golden Age” are all over the city, from the regal Grand Palace, to temples like Wat Pho and Wat Arun, to monuments like the Giant Swing and Wat Saket, a.k.a. the Golden Mountain. Another way to enjoy heritage in the Bangkok area is to make a traditional Thai performance, be it a dance at Siam Niramit or a puppet show at Joe Louis Theatre, part of your next MICE event. Rent out the facility and use it to host your opening night dinner and drinks, or include it among the extracurricular activities your attendees can use to enrich their time in the Kingdom of Thailand.