A decade ago, who would have even thought that home appliances could be automated and operated with the touch of buttons? Much as how it was through a few decades ago that wirelesses telecommunication was only a figment of imagination and an element of science fiction novels. But times changed.
With technological advances that have surpassed imagination, we have so many predictions for the future of smart homes that they don’t really look incredible anymore!
Here are ten of them. Remember this is my list and if you think that you have a wish list of your own or a few entries that do not figure on my list, make sure to leave a comment below! We would love to hear about things that you think will make the mark. Also, this list could be a subjective one. We implore our readers to help in with their suggestions so as to make it an objective one!
Smart home security issues:
Physical presence vis a vis our digital presence will be the highlight of Artificial Intelligence this year and in the coming year. Privacy issues are supposed to hog the limelight because all other concerns stem primarily form this one.
Integrating applications for all the smart devices:
This one is going to be the mother of all applications. And it will help in seamlessly integrating all the smart devices under one tab. So, even if the inmate rushed out in a minute, the application can help synchronize between all the applications to check if all the lights were switched off, the water heater turned off, the front door licked, etc.
It is estimated that 3D Rendering Lab will play a crucial role in the making future ready smartphones to be able to view a 3D image of the house on the smartphone screen itself to be able to navigate across the screen and touch on and off the buttons! The technology of the future looks like a lot of fun and we are excited!!
A business involves several activities that need to be efficiently controlled. Sometimes under stressed conditions or heavy workload, the owners or the officials fail to manage the fund flows that can indeed cause the total disaster of your business.
Here are some deadly cashflow mistakes that can really ruin your company.
Opting for stimulated growth. Sometimes in business, you get good returns. For example, https://bullmarketz.com/best-forex-broker-uk/ gives you the satisfactory results. But do not be overexcited about this and invest more of your earnings without a control because forced growth can at times spell doom your business too.
Overspending on sales. It is important to fetch customers for your business growth. Correctly identify the class to which your client falls which include
The acquisition cost. This is the cash spent on gaining a customer.
The Lifetime prices. The profit value generated by a customer over its lifespan.
So, stop reckless spending and give this a thought.
Failing to identify the hidden expenses. You are actually making a loss while trying to sell accessories at a price above the actual price of an e-commerce marketplace. Mostly the folks forget to consider the transaction fee, shipping, storing charges and so on.
Forgetting the seasonal nature of your business. Some business follows the seasonal trend. They boom sales during the peak time and may stand still during the off-season.
Late reply attitude for invoices received. You need to pay off your vendors’ due in time. Otherwise, there are chances that these parties stop dealing business with you on account of credibility.
Missing deadlines of tax payment. Whether you like it or not taxes are a statutory obligation that has to be paid mandatorily. Or else, penalties may be fined upon you that can eventually harm your reputation.
Not at all prepared. There are chances that your company may face some unforeseen expenses that can instantly drain your business cash account. Be ready to meet such situations in advance.
Lack of a good credit score. This may even deny you the need of a small loan in an emergency. So, try to maintain a good rate score.
Headaches created by bad hires. This can affect the sales target and hence, the income of the company.
Neglecting the miscellaneous expenses of a company. A company needs to meet the yearly insurance payment, license renewal and so on. This too can hurt the company.