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Things to Know Before Creating an App like Airbnb
Traveling to new places can become a costly affair especially if you’re visiting a new country. The hotel expense can itself make you pay through your nose. But not anymore! The advent of apps like Airbnb has transformed the way we planned our vacations. It helps save money, meet new people with trust, and helps us experience life like a local. But all this hasn’t happened in a day. Airbnb started in 2007 with two friends offering a mattress and a free breakfast to earn some cash and make use of their spare room. Fast forward to today, the company has 150 million users with its presence in more than 65, 000 towns. The company offers powerful travel services by making optimum use of websites, and mobile apps. If you’re astounded by the success of a travel app like Airbnb and are thinking of developing a similar business, then you can hire Android app developer. Read on till the end to find out how. Overview: What is Airbnb? Airbnb is a travel service that offers a platform for people to rent their apartments. The company offers interesting offers and tempting markets to landowners looking for short and long time rentals. So, in a nutshell, the platform connects the people who want to rent their vacation homes or spare rooms to tourists who need accommodation. Like Uber changed the cab-hailing services forever, Airbnb did the same with the way people look for flats. If a user travels abroad and rents a room from a local family, s/he can enjoy the comfort and cultural immersions. Also offers the chance to roam in an authentic neighborhood and live the life of a local. How does Airbnb Work? There are two major players in the game. You have to understand how the app works for the clients and hosts. So the travelers and tenants are the different users of the app. How does Airbnb Work for Travellers? One has to visit the Airbnb webpage or mobile app and sign-up as a visitor using their email address or other social media accounts. A visitor has to provide authentic information such as profile picture, living address, name, and more. Once a visitor has registered they can start looking for accommodation options using filters such as price, type of room, venue, and more. A visitor can select their desired place and would receive a confirmation mail regarding the same. They can make their respective payments using multiple payment methods such as PayPal, Gpay, Apple Pay, Debit or Credit cards, etc. Live, travel, and enjoy your stay! How does Airbnb Work for Tenants? One has to register as a host using the web or mobile app. Once you register, one has to provide all their property details such as pictures of the property, number of guests it can accommodate, type of apartment, venue, and more. A host can make use of professional Airbnb photographers and upload high-quality photos of their apartments. The host can directly communicate with the travelers to exchange important information such as cleanliness and hygiene standards, quiet hours, and much more. A host can also allow or reject the traveler’s request if they don’t feel comfortable. The host would receive the payment 24 hours after the traveler checks in. Enjoy your income without investing a single dime. How to Develop an App like Airbnb? Develop a Business Idea: Having an idea is the prime requirement for developing any business. Your vision of the business you want to develop should be written down along with the business model you want to follow and how you’d generate revenue from the same. As there are already numerous travel and home rental apps on the Play Store that have targeted various niches it’s difficult to make an impact on the current market like Airbnb did if you don’t have a business idea with thriving potential. Selecting a Platform: It’s a myth that cross-platform technologies offer the best user experience and a vast user base. An underlying fact is that one needs to develop an Android or iOS app first to be on the safe side. It’s advisable to test the waters by developing an app for one of the preceding platforms. It would help you to analyze the market and your audience’s response to your product. You can learn a lot by investing in an app for a single platform and then apply your learnings in your app for other mobile platforms. Android covers almost 75% of the user base. Hence, you can develop an app for the same to get an honest and diverse user response. The iOS users are elite and capable of spending more. So investing in an iOS app would earn you more short-term travel sales from the go. Engaging UI/UX: Don’t underestimate the importance of offering an engaging user interface for your app. Your app’s user interface would be an amalgamation of the features, design, color schemes, and user flow that you have programmed. It’s a simple equation where a captivating user interface would result in an engaging user experience. A seamless flow that can be learned intuitively would make your users prone to using your app. You can try checking out the UI/UX designed by some of the most acclaimed apps today. Hiring an Experienced App Development Company: All the preceding tasks can be carried out smoothly with the help of an experienced app development company. You should observe and analyze the prior work done by the company as you don’t want to risk your dream project working with an IT service company that doesn’t possess the required expertise. Check for additional services that the company provides such as non-disclosure agreements, post-project consultations, and the likes. The app that you design would define the fate of your business. You can also hire iOS developer for your app. Develop a Marketing Strategy: Creating an app is one thing while marketing is a whole other process. A lot of thought should be given to the same as marketing online can prove to be a costly process. It’s a sad truth that even if you design a great app but don’t market it well, it will never reach its potential users as it should. If such a situation arises then all the hard work, money, and hours you’ve invested would go to waste. An expert app development company would provide you with marketing strategies that make your app sellable.
Five Reasons For You To Hire Business Mentor On Your Way To Success
A business mentor is a trusted advisor who could help you in the most challenging conditions. Different mentors excel in their field and can produce suggestions and guidance in that particular field, which would yield fruitful results. The aim of hiring these professionals is to benefit from their expertise without employing a full-time staff member. These professionals could help in personality development and act as a guide to get through your ideas. One should understand that the mentors do different things. The key idea is that business coaching would help you make critical decisions with ease and take your business to the heights of success. The guidance may not be needed in daily activities, but the guidance and suggestions could make or break the company on certain occasions. The key reasons for hiring a business mentor are: •Focus: At times, you, as the business owner, could shift focus from critical areas. It may be because, at specific points, they need attention. The mentor could help you manage the underlying issues that come with business operations rather than multi-tasking. •Impartiality: You might not see the truth about a project, while the coach would have a clear view as they would not be biased towards anyone or the project. They would be able to provide you with a new perception to help you see the bigger picture. Their professional advice would work in favour of the brand, and they would come up with ideas that may not show favourable results immediately but could work in favour of the company in the long term. •Support and advice: You understand that handling business is never smooth sailing. These mentors have been through such a situation and can push the situations to help business withstand harsh conditions. The support and advice are invaluable for business owners. •Goal setting: At times, the owners could be adventurous and set high standards. A few others would underestimate the capacity of the business. The coach would set an appropriate deadline, which would be feasible and help in business growth. The goal-setting should not be for short terms and long term because, without a goal, the business can go off-track. •Accountability: You might not be used to be your boss. Having a coach would help you follow their advice, which would help you adjust to the new environment. You would need to pick the correct mentor for your business, depending on the expertise you would need. Source
Different Types of Software Development You Must Know About
Software development has been in high demand for a long time, and it shows no signs of slowing down soon. Its capacity to represent organizations and companies in a competitive job market is the basis for this. Indeed, due to job demand, wage expectations, and career reviews, it was recently named the top job in the United States. By 2026, the Bureau of Labor Statistics predicts a 30% increase in employment in the software development profession. The software solutions can change how your business operates, functions, and take the revenues to the next level. There are different types of software development in the market. And you probably must have a product or products in mind to create if you're looking to engage a software development company, such as a program, an app, or a website. Of different types of software development, before you start searching, you need to figure out what you're seeking in addition to what you're building. Software development comes in a variety of forms. Let’s have a glance at some of the many kinds present. Some of them overlie and can be seen in a single frame while the others need a unique skill-set. You can contact best software development company for software and mobile application development. 1. Web-Development The process of creating online applications is known as web development. These apps are accessed using a web browser on a variety of devices. A mobile app, on the other hand, operates on a phone or tablet and does not require an internet connection to function. Web development is a broad word that encompasses both front-end and back-end work. Certified Full-stack web developers are also available. For web development, you should know Javascript, Django, HTML, C/C++, ASP, PHP, Ruby on Rails, Python, etc. 2. Mobile Development A mobile developer, as the name suggests, creates programs that run natively on mobile devices such as smartphones, tablets, and even smartwatches. Typically, these individuals will focus on either iOS or Android development, but not both. Mobile development's adaptability allows you to play everything from Candy Crush to console-quality games in the palm of your hand. There are applications for pretty much everything, from the mundane (finding a restaurant for lunch or reading the news) to the bizarre (reminding you to drink water throughout the day or morphing). Prakash Software Solutions Pvt Ltd is leading mobile app development company in india. You can contact for your business or e-commerce based ios and android applications. All you need to know is Android, HTML5, Swift (for iOS), Objective C, Java, C# 3. Frontend Development Frontend developers are responsible for the part of the product that the user interacts with. They're mostly interested in the user interface (UI). They might design the layout, visual characteristics, and interactive parts of a website or app, for example. Their function, however, is not the same as that of a user interface (UI) or user experience (UX) designer. They also address issues and ensure that the UI works on a variety of platforms. Frontend developers must be skilled programmers who collaborate closely with backend developers to guarantee that the two parts of the product work together. Hope you liked our post on types of software development here. Stay tuned with us for more interesting topics like this.
How COVID-19 Impacted on VVT and Start-Stop System Market ?
Impact of COVID-19 on VVT and Start-Stop System in the Automotive Industry Overview: VVT and start-stop systems are systems in most modern cars that stop the engine when the vehicle is stationary or idling, reducing greenhouse gas emissions and fuel consumption. When the brake is released or the clutch is engaged, the engine is restarted. The VVT & start-stop system detects when the vehicle is stationary or out of gear and automatically stops it. The latest automotive innovations, such as intuitive infotainment, self-driving capabilities, and electrification, rely more on software quality, execution, and integration than on mechanical ingenuity. This transformation is occurring at such a rapid pace that automotive OEMs and other industry stakeholders are finding it difficult to keep up. The exorbitant cost of integrating and upgrading consumer features for various end services. China is the epicenter of the COVID-19 virus had put on hold the various business operating segment leading to a downfall for the sale of three-wheeler electric vehicles. People have also become more cost-conscious as essential items have become more important. The electric three-wheeler companies have been working hard for their customers during the lockdown period. With deliveries and lease becoming critical during the pandemic and the lockdown, the maker stepped up and made sure deliveries of essentials were done. In a nutshell, all of these factors would lead to an increase in the demand for EVs because they provide environmentally friendly alternatives as well as lower delivery costs. For Instance, The Indian automotive sector was already struggling Before the Covid-19 crisis. During 2019, it experienced an 18% decrease in overall growth. Steps to be taken by the vendor to boost the sale: The EV vehicle maker has to form a business partnership with leading e-commerce companies like BigBasket, Ecom Express, Udaan, MilkBasket, and others that can help in providing electric mobility stack as a service. Fleet owners and ecommerce players have realized the benefits of EV for their inter-city movement. The Lack of retail finance is a factor that had a negative impact on sales for electric three-wheelers. Due to Covid-19, many financiers financing electric three-wheelers (E3Ws) faced difficulties in the recovery of the loans extended, as the passenger 3W movement had halted or drastically reduced during the lockdown. In fact, last-mile connectivity for public transport, such as metro trains and buses, has been a key driver of demand for e-rickshaws and when public transport had been shut, this has severely impacted the movement of E3W and earnings of the drivers. As a result, financiers have been in “recovery mode” and reluctant to extend new loans. Therefore, the role of financing should be the priority to boost the sale by the vendor In order to meet the increased demand for last-mile deliveries, the vendor should work on the software capabilities of the vehicle on the backend to enhance the capabilities of the battery pack with the controller to enable better range and load-bearing capacity for the vehicles. Further, with essential practices of social distancing, the company realized that fleet owners will now need connected vehicles to manage their fleet. The company has been working around adding several software features on the backend that helps the fleet managers to streamline their operations and be prepared for eventualities. The vehicles should be inbuilt with new features for optimizing fleet operations with real-time updates, updates on battery operations, and preventive maintenance. Impact on Demand & Supply Chain: During the short term, there could be difficulty in fundraising for startups in the mobility and battery compound segment. However, M&A/fund raising activities are likely to pick up in the medium and long term considering these startups are crucial for developing the EV sector. As people become more homebound in the "new normal," there is a greater demand for home delivery of everything from groceries to essentials to non-essentials, which is driving up demand for e-cargo fleets. The people have become more aware of the importance of clean energy and environmentally friendly alternatives as a result of the COVID-19 pandemic and lockdown. People have also become more cost-conscious as essential items have become more important. COVID had the greatest impact on three-wheeler sales, which fell from 140,683 units in fiscal 2020 to 88,378 units in fiscal 2021. Two- and four-wheelers, on the other hand, bucked the trend, registering impressive growth during the year, albeit from a small base. However, due to increased demand for e-commerce delivery, there is a significant increase in demand for three-wheelers designed for cargo, particularly electric ones. Electric three-wheelers are being introduced into cargo operations by e-commerce companies and their logistics divisions. The demand for three-wheelers for passenger transportation will remain low for the next two to three months, owing to lower movement of people in urban areas, a lack of preference for shared mobility, and the non-operation of mass transit such as metro and trains, which typically required three-wheelers for the last mile. The COVID-19 can have both favorable as well as unfavorable bearing on the EV segment with short to -mid-term favorable bearing includes Recent BSVI regulations increasing costs of petrol and diesel vehicles, making EVs possibly slightly more attractive, shift from the usage of public transport and shared mobility resulting in a surge in demand of two-wheelers including EV. An increase in demand from the rental/subscription model for EVs may also be possible. Whereas in the long term the favorable conditions include a shift in consumer mindsets toward eco-friendly vehicle models. Conclusion: COVID-19, though ravaged the automotive market in an unprecedented manner during April 2020, which was possibly the first time in history that car manufacturers clocked 'zero sales' but had some silver linings. In many ways, the valuation of EV startups could become more attractive in the short term compared to -pre-COVID-19 era. The major auto players have announced an increase in spending on the EV segment. While COVID-19 might impact the lending capability of financial institutions in the short- to mid-term, funding from strategic tie-ups and investments could possibly increase to achieve the pre-set goals and targets. The pandemic has caused widespread disruption to supply bases, assembly plant closures, and a further shift to declining consumer demand. The reliance on Chinese imports, recent Bharat Stage VI Regulations (emission standards established by the government to primarily regulate the output of air pollutants from petrol and diesel vehicles), and restrictions on migrant laborer movement have all contributed to this situation.
Important Interaction For Online Learning?
Teachers sometimes feel distant from students in distance learning. Therefore it is important to increase interaction and make more efforts in interacting with students during online classes. There are effective techniques and tools that can facilitate better interaction among teachers and students. Focusing on individual students and having one-to-one interaction with students. This would not only increase interaction and add a personal touch but will also help you understand if your teaching methods are working. Encourage discussions beyond textbook topics: Sometimes students feel shy discussing study topics in front of their classmates. Discussion more opinion-based generalize topics might help them open up. Also would open their perspective beyond textbook knowledge. Get feedback: Ask students if they are understanding the topics or if they are facing difficulty in online learning. This would make them feel heard. Online Learning Community: Online learning communities are a great way of making students participate in healthy discussions related to study topics and help then in opening up, facilitating interaction. An important characteristic of online learning communities is that the community members are brought together with a definite purpose, similar interests, or agendas. Edneed is a global, digital platform with its own online learning community. Ask questions, share knowledge, participate in discussions and share experiences. Edneed Learning Community is a global, digital community of learners and educators for knowledge sharing, productive networking, and building the best practices in education together.
Importance Of Cash Flow Management
Cash flow management is the most important aspect of every business. A healthy cash flow ensures that the business can pay salaries on time and have funds for the growth and expansion of the business. Resources are also available for paying vendor bills and taxes on time. Regular analysis of business finances ensures that one can project the future cash flow with accuracy and take necessary action. Following up on client payments and managing the accounts receivables effectively, ensures the timely flow of cash, as required by the business. Notable Facts: Poor cash flow management may lead to business failure. Cash flow management is the most important aspect of every business. A healthy cash flow ensures that the business can pay salaries on time and have funds for the growth and expansion of the business. Resources are also available for paying vendor bills and taxes on time. Regular analysis of business finances ensures that one can project the future cash flow with accuracy and take necessary action. Following up on client payments and managing the accounts receivables effectively, ensures the timely flow of cash, as required by the business. Notable Facts: Poor cash flow management may lead to business failure. 4 Rules of Cash Flow - 1. Growth sucks up cash  Growth costs cash. It's a matter of working capital. The faster you grow, the more financing you need. 2. Have a cash flow projection  What do you expect your cash balance to be 6 months from now? This one question will transform the way you understand your business. 3. Understand receivables The money client and customers owe you is called "Accounts Receivables". And every dollar in accounts receivables is a dollar less cash available for the business. 4. Cash is King Cash keeps a business alive. No cash = No business. Traditional options for increasing cash flow 1. Credit cards - High intereset rates and fees for mismanagement make credit cards a dangerous option. 2. Bank Loans - Extremely low approval rates, along with hidden fees and personal gurantees, makes bank a time sucking, low-probability option. 3. Equity - Requires giving up of ownership, a percentage of profits and partial control of the company and the decision making process.   When cash flow is freed up? 1. The constant worry about paying bills is eliminited.  2. Relationships with vendors are improved. 3. And most importantly, business owners are now able to focus on running and growing a successful entreprise. Above All: Cash flow management depends upon financing and not on measuring profits. The positive result of operating activities reflects the company’s operational performance. Measure the essential cash flow rates that help in the effective decision-making process undertaken at the small and medium-sized enterprises. The company needs to have enough cash on hand to float its operations for the duration of the collection period. Because when the business goes out of cash, operations will simply cease. What Invoicera offers you? Using an online invoicing solution is the key to managing business finances more effectively.  The solution provides features like late fees and automatic payment reminders for getting timely payments from clients.  With Invoicera, one gets to receive online payments from multiple payment gateways helping clients to pay faster and reduce the quote-to-cash cycle. SOURCE : The Importance Of Cash Flow Management [Infographic]
Difference Between Invoice And Credit Memo
Some daily business activities and transactions include common terminologies that might get a little confusing and bounce over your head. But, the initial confusion should not stop or hamper your work. Do not Worry! none of these terminologies are tricky as solutions in chemistry labs. Having a clear understanding of such business day to day terms and their usage is important for its fundamental growth. A deeper understanding of major difference between an invoice and a credit memo has been listed down here. It will help you have a clearer vision about the terms and their practical usage in the business. What is an Invoice? An invoice is an itemized list of entries for which a company has to make payments to its suppliers, vendors or service providers. The Account Receivable Account Payable Department receives invoices from the suppliers or vendors and scrutinizes it before processing it for payment. In most of the cases, company issues Purchase Orders to its vendors, requesting the items to be supplied to them. The Accounts Payable Department matches the items listed on the Purchase Order with that of the Invoice and also verifies that the items are received by them to clear the invoice for the payment. What is a Credit Memo or Credit Note? For the items returned by a company to its vendor, the vendor needs to issue a credit memo for the returned items. A credit memo is issued when the client has paid advance payments to the vendors. This would ensure that the vendor has been informed about the discrepancy in supplying the goods and agrees to the credit memo to the customer for the items not supplied exactly that were asked through the Purchase Order. So, what is the role of this note and how it represents invoice vs credit memo? Manage Accounts Payable of a company using both the invoice and the credit note for the payment processing. It deducts the amount of the credit memo from that of the invoice and clears the payment for the vendor. When is customer credit memo is issued? There could be specific circumstances when you feel the need to issue a credit memo to your customer. Some common instances could be, as followed: 1. When you need to cancel an issued invoice fully or partially. 2. You are seeking a partial credit for the wrong items supplied. 3. The goods have already been purchased earlier and you want to request a refund for the goods returned to the vendor. How to issue a credit note? Issuing this note is not a daunting task, whether you want to issue it manually or you are using any Accounts Payable Software. You need to select the Invoice and the Credit Note to be reconciled. Then, choose the amount to reconcile as the value therein the credit note. When you apply the change, the reconciliation will be affected with a reduced invoice amount after deducting the amount in the credit note. CONCLUSION The difficulties of terms don’t make the task difficult for you as the sole owner or small business. It is something that can be done easily and professionally. Invoicera an online invoicing software easily help you to create professional-looking invoices, credit notes and other memos with ease of a few clicks. Read the full blog here (Source) : Difference Between Invoice And Credit Memo
How to get Profit in Real Estate?
In Pakistan, real estate is one of the most flourishing businesses that hold the major stakeholders of Pakistan. In the ongoing 20th-century maximum number of billionaires are real estate investors as this field has rocket power potentials. But the intermingling question which arises here is that, “HOW TO GET PROFIT IN REAL ESTATE." The answer to this question will open up the ultimate way for you to unpack the bundles of success for you through real estate. The Masters Real Estate is one of the Best Real Estate Investment Company in Pakistan. We are official sales partner of Lahore Smart City and Capital Smart City. The strategy to evacuate the desired profit from real estate has inculcated in the roots of consistency and patience. No bypass or shortcut way will make you rich through overnight formula. However, if you have ambiguity about the profit potentials of real estate, then you are at the most right place to figure out the genuine way. The gurus of today's world that have to earn immense experiences about real estate still admit that some conventional rules are still pro tips to make a profit in the real estate world. The gloss and shine of the real estate era are quite fascinating, but the paths of the real estate business are not as convenient. Consequently, your dedication and preference towards your work will lead you to make piles of profit from the real estate world in the meantime. It will prove a worthy earning journey for you once you get into this market. To know how to get profit in real estate, you have to keep some basic techniques at your fingertips. The criteria of this talk will reveal the basic and traditional, and rational ways to make a profit from the property. We have striven to deliver a complete guide for “How to make a profit in real estate." We have compiled up the golden ways that will flicker up your real estate business with huge profit. CAPTURING THE INCREMENT RULE The rule of appreciation or inclining rates of the property will have synchronized with the sale of your property. It is one of the ancient ways of extracting profit from real estate. Although it is a traditional ritual of the market of real estate, it is still well-grounded. Hence it is good to sell the properties at the peak time of the need to make a colossal profit. RENTAL PROPERTIES The second most reliable way of composing huge profits from real estate property is to buy properties and simple rent. This method is a constant way of earning livelihood for a large proportion of people in Pakistan. However, the maintenance cost of the buildings and other expenses run side by side. AGRICULTURAL LAND PROFITS In a country where agriculture is the source of income for a massive population, a real estate investor can also pull the profit from these harvesting lands. You can purchase the land and lend them to a farmer for cultivation. In this way, you will own the ground, and also, the portion of crops, vegetables, and fruits are grown on them. Another way is also to sell the land when its market value undergoes appreciations. COMMISSION STRATEGY Here comes the most versatile domain of fetching the profit from real estate. And it's one of the most frequent answers you will get to hear as a result of “HOW TO GET PROFIT IN REAL ESTATE." This aspect of the real estate market revolves around the commission, or you can say the service charges of all the dealings from the investor and the buyer. A real estate business person or agent will get this amount due to selling the appropriate land to the investor. On the other hand, you can also charge the seller to find the correct buyer for him/her. HOLIDAY RESORTS PROFITS It is another way of making a profit. Real estate market. In this scenario, apartments, resorts, and guest houses, or any other place at the vacation or holiday point have been purchased by the investor. After that, you may rent your property in the peak time of tourists visiting that place, or you can also sell your property at the right time with attractive market prices.