Whilst it’s true that owning your own home in Australia is becoming increasingly difficult these days (as the cost of the average property is steadily rising), there’s still hope. Interest rates are at a 10-year low, and that means taking out a loan now – and ideally locking in a fixed-rate – means lower interest payments for you. If you need a little reminder on why owning your own home is a fantastic financial investment, read on.
Here are 5 reasons why you shouldn’t give up on the Australian Dream just yet.
Homes typically increase in value over time. In Australia, residential property has experienced – on average – a long-term growth rate of 9 per cent each year. It’s true that the nature of the property market is volatile, and the median house price range ebbs and flows throughout the years. But in the long run, property value increases, almost always. That’s why buying or building click here a house is often regarded as a safe and steady investment.
Owning your own home is much cheaper in the long term than renting. Although you’ll need to fork out a lot of money initially to pay the home deposit, and the mortgage payments in the first few years, in the long run you’ll actually be paying much less than if you were renting. Plus, the money you pay towards your mortgage isn’t wasted money – it’s an investment in your future. The same cannot be said for each cheque you send to your landlord.
Having an asset to your name – such as a house – looks great when you’re at the bank applying for another loan, or a line of credit. Owning a house can give you extra borrowing power that you just can’t get without having something substantial in your financial portfolio. If you want to buy another property down the line, or start a business, having your own home can help you get started on these other ventures.
Unlike those who rent – who have no idea what they’ll be paying their landlord 1 year, or even 1 month down the line – owning your own home allows you to plan for the future predictably. Assuming you take out a fixed-rate home loan (recommended in the current financial climate) when purchasing your home, you can be sure of what you’ll be paying each month on your mortgage for the entire term of your loan (on average 30 years). This allows you to plan things for your future, including a much deserved holiday every couple of years.
Your equity is the amount of money you can make if you were to sell your house minus what you owe to the bank. It’s true: in the first few years of your home loan you’ll just be paying off the interest with your mortgage payments. However, after a while your mortgage payments will start paying off the principal – the amount you actually borrowed, minus interest. As you pay off the principal, you start to own more and more of your home, and not the bank. Having enough equity allows you to plan for your retirement with security, and allows you to look after you family.
Going after the Australian Dream is still a worthwhile pursuit. Yes, it’s not the ideal financial climate at the moment, but the property market always moves in cycles. So keep saving and keep the dream alive.
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Displaying your menu in a creative way can often seem challenging. Presentation, placement, and the name of your menu are the most complicated decisions to make, and can sometimes reflect your restaurant. Restaurants need to be mindful of their competition, and should look for similarities and differences between other designs and their ideas. Before you create your display menu, ask yourself how yours will differ from everyone else’s, what items looks similar in photographs to other menus, what colours will you use, how will you design the layout, and what description you will use under each meal image. If you find yourself struggling for ideas, http://www.tuprojects.com has come up with a list of five sure-fire creative ways to display your menu and maximise its full potential.
These days, technology is readily available for everyday use in restaurants. Some fine dining establishments use interactive tables or projector screens to display their menu. Touch pads are used on the corner of the table to allow customers to choose their meals with a quick swipe of the finger.
Menus are often displayed in a cafeteria format that allows customers to quickly chose their food. For example, Subway allows people to view the menu, usually displayed in a large board, and select what they want to add to their sandwich without having to order a pre-designed sub. This is a great way to customise meals in an easy and orderly manner.
Digital signage menu boards are a great way to highlight your menu and advertise your most appealing dishes in fast food restaurants or food chains. They are extremely invaluable, as they can help increase sales on a specific item and escalate profits. Digital menu boards allow you to clearly define the menu list and quickly make any changes at point of sale.
Menu wheels are unique and exciting ways to illustrate your menu to your customers. Although they are usually reserved for special events, it can also be used on a daily basis to differentiate your business from others selling similar food.
Your menu is the first things customers look for entering your restaurant, so it is important to make it stand out. Be creative by using signs and boards that draw attention to weekly specials, advertise them alongside a popular trend or event, display recognisable characters such as Batman or Superman to grab attention, and make sure you advertise outside your restaurant to draw in the customers.
Now you know how to display your menu it’s time to test it out! Compare it against the success of others and ask customers if they find the menu easy to navigate. An easy to understand menu is the first step to draw in the customers you need for a productive and successful restaurant. So what are you waiting for? Why not try a creative menu display today!
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You can sell your products and services to the entire world today with the internet shrinking the global village. But, would you really want to go international on your selling endeavors? You might be compromising profitability when you attempt to sell to anyone and everyone. Especially for those just starting out in internet marketing, you want to choose the people you sell to. This does not mean that you are being picky at all. You might argue that beggars cannot be choosy. You are hardly begging for anything if you are selling a product or a service that is worth every penny your customers are paying for it. By marketing to the right target market segment, you are actually increasing your chances of success. You are limiting your playing field and implementing a more focused strategy, yet you are also giving your business a bigger chance of making a sale.
Ask the following questions to determine the right target market segment for your products and services:
When you have identified the right target market segment for your products and services, you can craft your sales and marketing campaigns to speak, in a more “intimate” manner, to these people. What you have done is to put a face and personality to your customers so that you can talk to them on a more personal level, taking into consideration their quirks and preferences. Such level of communication connects you with your customers in a way that makes it easier for you to actually sell your products and services.
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