Category Archives: Business

Junk King acquires new investor

Published by:

Junk King, the California-born company, known for junk removal Orange County and across the country, recently got a new investor backing it, Norwest Venture Partners. The premier multi-stage investment firm recently announced that it made a strategic investment in the junk hauling company, with the transaction’s details remaining undisclosed.

Junk King was co-founded back in 2005, and has since grown into the largest junk hauling company in the US, with offerings in more than 100 cities across 35 states in the US, as well as 3 provinces in Canada. As of May 2019, the company has welcomed 5 additional franchisees.

Andreacchi was part of the transaction, and noted that, when he founded Junk King to handle junk removal Orange County and across California, he did not expect how much their franchisees would contribute to their brand. He’s proud to say that the franchising system behind Junk King has brought together people and organizations from diverse backgrounds and career paths in order to create the US’s leading junk removal business. He says that Junk King looks to climb higher as a team, and, with Norwest coming into the team and backing them, Andreacchi feels that the company can do anything it sets its sights on.

Junk King’s Board of Directors will be taking in 2 people from Norwest; General Partners Sonya Brown, and Stew Campbell.

Brown made a statement on the matter, saying that Junk King’s aim of delivering quality, environmentally-conscious service is something that calls to Norwest, adding that handling waste properly via recycling efforts is paramount. She states that Norwest is looking forward to supporting the Junk King team with new programs aimed at driving innovation in the industry at large.

Campbell also made a statement on the matter saying that Andreacchi and his team has built an industry leader of a brand, with the quality consumer experience to match. The technology, customer service, and processes that Junk King has, Campbell says, are all aimed at delivering top-notch customer experience on demand to both commercial and residential customers. Campbell explains that this is why Norwest chose Junk King, and why they’re excited to work with Andreacchie and his franchise network.

Danang’s Road To Becoming A Smart City

Published by:

Danang is a coastal city located in Vietnam which is slowly starting to gain popularity because of its white sand beaches and beautiful resorts. There are over a million residents residing in Danang which is becoming an urban city in a faster speed than expected. It is expected that by 2030, the population of Danang will be more than twice it is now. There are many reasons to love the city from the French village in Danang to the beaches and the locals.

Danang is also part of the ASCN or ASEAN Smart Cities Network along with 25 more cities in its pilot program. These cities are required to be under ASEAN member states before they can join. They were officially launched last year during the 33rd ASEAN Summit which was held in Singapore on November. According to the ASCN, their goal is to collaborate in order for the cities to achieve the same goal which is to become smarter and more sustainable.

Two years ago, there were 6.6 million tourists who came to Danang and this number is 19 per cent higher compared to the year before. The figure for that year was also higher by 4.8 than their expected target for the year. Out of the 6.6 million tourists, 65 per cent came were traveling domestically while the remaining number were international travellers but majority of them came from neighbouring countries such as Thailand and Lao PDR.

Economist Intelligence Unit survey revealed that 84 per cent of the people living in Danang think their city is also under the smart category because of the improvements that have been done especially to the environment. In the last few years, the city is making waves because of its leap towards urban development using sustainable methods and at the same time making sure information technology is applied.

The pilot e-government platform was released in 2014 in Danang and the system was able to host 1,196 public services through online. An additional 498 services have been offered to cover other needs such as public infrastructure, land use and water quality.

The city also launched a mobile application called Danabus which can be used by residents to monitor the routes of the local buses. This is helpful for tourists going to French village in Danang or any other landmark as they can easily commute.

How Automated Solutions Have Changed The Functions Of Accountants

Published by:

The shifting role of small business accounting in Norwest is largely driven by the increasing number of automated solutions available to businesses today. Machines are now being used to take care of repetitive financial tasks that accountants used to do. In order to be relevant, accountants have to readjust their positions from being a number-cruncher to a value-adder.

Payroll processing is not actually the function of an accountant but because of the repetitive nature of the process, many businesses prefer to give the responsibility to accountants. However, according to Steven Jones, business development manager of UK payroll processing company, Payescape, payroll processing presents few opportunities to the profession. Besides that technology has automated the payroll system and some key functions for small businesses.

So, why do businesses still need accountants? Bookkeeping, bank reconciliations and payroll processing are functions that a small business owner can do. However, an accountant can be the advisor particularly when strategic decisions have to be made. An accountant can provide valuable advice on what work the business can take on for their business clients and what work needs the automated solutions.

While it seems that automated solutions take work away from accountants, the industry is starting to see it as a positive way to free up the valuable time of accountants so that they can instead become business advisors. While majority of the processes in a payroll system are repetitive and can easily be managed through technology, there are still areas when the accounting expertise is needed like compliance and data security.

Payroll and tax-related regulations must be the focus of accountants who are handling payroll. There are areas that require accountants like risk mitigation processes and compliance. They have to provide the value-added services that machines cannot deliver. They can help the business flourish by delivering services that are required.

There are certain areas where small business accounting in Norwest focuses like financial planning, insurance and mortgages. When it comes to accounting and taxation, an accounting team knows the requirements of Australian Taxation Office like business activity statements and income tax returns. The team has a breadth of experience across different industries.

Keep Your Floor Clean With These Steam Mops

Published by:

A new test was conducted by Consumer Reports regarding steam mops available on the market. This aims to helps consumers decide which one is best for their type of flooring. For those who are on the process of buying their new home, renovating their floors or building a house from scratch, it helps to check these steam mops before choosing floor tiles for sale to see if the material is recommended or if it is time to consider other flooring options.

For the tests, it was done on floor tiles which were applied with different stains including ketchup, jam and mustard. The same amounts of stains are applied and on the same spot too. With the help of a device specifically made for the testing, the testers can watch as the different steam mops are set to work.

To make sure that the testing is done fairly, each steam mop is allowed to do 20 passes, 10 strokes on one way, another 10 strokes on the way back. The end result is that every testing there should be a mess left behind to determine which mop cleans better. A clean result is not desired as it will not help them decide which steam mop actually did a better job. Prior to the start of the test, a photo was taken and the same goes after.

To measure the changes, photo-imaging software is utilized by the testers. This helps them set a score for each. The main goal of the testing was to prove that the category steam mop does not guarantee complete cleaning.

The Shark Steam Pocket requires constant movement to trigger the steam which is annoying based on the testers comment. The best performance was that of the Bissell PowerFresh Slim. The cheaper brand by $30 which can almost rival the cleaning of the Bissell is the Shark Genius, according to Consumer Reports. For tough stains, CR recommends purchasing the Bissell PowerFresh Deluxe.

If you think of getting laminate flooring or hardwood, check out floor tiles for sale first because the former options are not compatible with steam mops as it has residual moisture.

Majority Of Thai Employees Happy With Their Jobs

Published by:

One of the major benefits of being a resident of a country such as Thailand is that working does not require a Thai work permit which is a requirement for foreign workers. According to majority of workers in Thailand, they are happy with their jobs but they are also hoping that the incoming government will do something about the minimum wage. Their main concern is that they wanted a raise of the minimum wage along with health benefits for all the employed individuals.

This is based on the recent poll that was conducted by the National Institute of Development Institution. The poll was done all over the country in order to test the happiness of the workers and to inquire about their expectations with the new government regarding on how to make their lives better. The result of the poll has been rounded off to the closest 0.1 per cent.

Based on the result, 64.9 per cent are happy when it comes to their jobs while 27.4 per cent said that they are very happy. Those who are not happy with their work life belong to the 7 per cent of responder and only 0.8 per cent of them said that they are absolutely not happy with their jobs.

When asked about what the government can do in order to help workers in Thailand, 47.1 per cent voiced out that they are hoping that government can increase the current minimum wage in order for them to meet the demand of the cost of living. Medical benefits are on the forefront of 22 per cent of the workers while 11.3 per cent said that they want labour skills to be promoted equally as professional jobs. Around 10.6 per cent of the workers wanted the government to look for solution on how to solve the problem of unemployment.

There are cases of employers who are taking advantage of their workers and the hope of 6.7 per cent of Thai laborers is that it will be prevented from happening in the future. A small percentage, 2.1 per cent, voiced out their disappointments with regards to migrant workers with Thai work permit that are taking away the work that is intended for the locals.

Honda To Shutdown Swindon Plant In Southern England By 2022

Published by:

Honda is a Japanese manufacturer of motorcycles and cars. Honda has recently announced that it will close the Swindon factory in Southern England by 2022. According to Honda, they want to consolidate production as the company focuses on new vehicle technology. However, Honda motorcycles in the UK will still be available through authorized dealers.

More than 160,000 vehicles were built by Honda in Swindon. The plant produced the hatchback version of the popular Civic model that accounts for less than 10% of Britain’s total output of 1.52 million cars. However, Honda has been struggling in Europe in recent years because of several challenges that include declining demand for diesel-powered vehicles and tough regulations due to the uncertainties over Brexit.

According to Justin Tomlinson, Conservative lawmaker from Swindon who voted for Brexit in 2016, he has had meetings with the business minister and representatives from Honda and the Japanese vehicle manufacturer has confirmed the plans. Tomlinson does not believe that the decision is Brexit-related but a reflection of the global market. The Japanese manufacturer wants to consolidate production in Japan.

In October 2017, Honda announced that vehicle production at its Sayama plant will be stopped by 2022 because of the shrinking domestic market. Like most of its rivals all over the world, Honda wants to streamline its operations. Besides that, the company is also investing heavily in the development of electric vehicles and self-driving cars.

Honda wants to be known as a mobility company and not simply a manufacturer of cars and motorcycles. If the UK does not secure a favourableBrexit deal, Japan may pull out its investments in Britain which is considered as the gateway to Europe. The recent trade agreement between Japan and the European Union will eliminate tariffs on cars from Japan. Japanese car maker Nissan has also cancelled plans to build the X-Trail sport utility vehicle in Britain.

There are authorized dealers of Honda motorcycles in the UK that can cater to all that a rider needs from new and used motorcycles and scooters to parts, accessories and clothing. There are fully trained Honda technicians that can assist riders who want to add personal touches to the bikes.

IKEA Will Be Coming To Auckland

Published by:

Good news for Kiwis looking to buy office furniture in New Zealand, as IKEA will coming to the country soon. The retail giant will set up its first store in Auckland, then another at South Island, complete with the company’s famous meatballs, plus around 400 new jobs.

IKEA New Zealand Manager Will Edwards confirmed the news, adding that the there’ll be two IKEA stores in the region, one to complement the other. He says that Kiwis have been clamouring for an IKEA store for a long while now, as the blue and yellow building is iconic.

Edwards didn’t give a specific time frame as to when the new store would be launching, to the chagrin of those looking to buy IKEA an office furniture in New Zealand, only saying that the store would take a few years to properly set up. In the meantime, however, he said that IKEA will be opening a popup shop in the central Auckland region.

He says that it takes time and effort to create a true blue and yellow IKEA store, and it’ll take years before the development is complete, but they don’t want to keep people waiting, as they think there’s been enough waiting. Auckland was chosen as the site due to the fact that there’s a lot of people living there, as well as lots of traffic with many commuting in and out of it. The popup store, Edwards says, is basically an appetizer of sorts before the full package comes along.

Global IKEA Chief Executive Jesper Brodin made the announcement to a crowd at the waterfront venue The Cloud, in Auckland. He also stated that the new IKEA megastore would need about 300-400 employees, plus several hundred more people to cover support logistics. New Zealand, in his words, will get the full shebang, with the store to host around 7,000 items.

As for pricing, Brodin says that the aim of IKEA is to be affordable for customers, and competitive with other retailers in the market.

Edwards stated that the megastore would have 50 mock room concepts, but refused to elaborate on the popup store. He did, however, revealed that, following the completion of the Auckland store, IKEA also plans to move into South Island, plus other locations.