Enterprise Podcast Network

Robo advisors have been gaining popularity for some time now. Automation has been making its way into more and more areas of life. A variety of industries, as well as the business world more generally, have been waking up to the potential that automation offers. Automation can reduce cost and resource requirements, while also giving businesses access to sophisticated algorithmic-based decision making.

Robo advisors bring automation technology to the world of investing. These tools are designed to allow anyone to enter the world of passive investing. A robo advisor charges a fee, which can be as low as .15% of an investor’s managed assets. Compared with the industry standard fee of 1% that financial advisors charge, robo advisors offer better value to consumers, while also bringing the same benefits to the table.

The wealth management landscape is slowly being overtaken by these robo advisors, even those who are generally suspicious of this kind of technology are finding themselves increasingly won over by the undeniable results that they produce. However, before you rush out to purchase your own robo advisor and hand over your portfolio, you need to know exactly what you are getting into.

As with any financial decision, you should take the time to research exactly what you are buying and what the risks and rewards are. The following are the key questions that you need to ask when deciding on the best robo advisor for your needs.

What Services Are Provided?

When you are assessing the suitability of a robo advisor, make sure that you are clear about your current financial situation and where you want it to be in the future. It is only when you clearly articulate a tangible goal that you will be able to measure how successful your investment strategy is.

Some robo advisors offer only basic passive investment services, and maybe a little portfolio rebalancing if you’re lucky. Others will offer you extensive financial planning services and a comprehensive array of investment instruments to use. The latter type is going to be harder to find, as you would expect, but for some people, the former will provide everything they need. This review of Betterment v Vanguard illustrates how different these services can be.

Show Me Your Pie Chart!

Not so much a question, but if you’re going to get into the world of robo advisors, then you will have to learned to love the pie chart. This is the primary way that robo advisors communicate data and statistics to their users, so choose one that you can read easily.

Can I Speak to a Person?

Both now, and after signing up for the service, you are going to want to be able to talk to a person if necessary. Speaking to someone face to face is generally good practice if you are considering investing. An increasing number of robo advisors have chat functions built in.

Robo advisors have the potential to completely transform the way that you invest. Passive investment is becoming increasingly popular and robo advisors bring the power of automation to the concept.

Are your job sites messy? Do you sometimes worry about the safety of yourself and your crew? Are you looking to keep your small construction business competitive among all of the rest in your area? If you answered “yes” to any of these three questions, it’s time for you to get OSHA certified. You’ll be happy to know that this can be completed online, and here are the three biggest benefits of doing so.

1. It Won’t Interrupt Your Work Schedule

If you’re like many other businesses, you’re taking on every job you can. Disrupting this for continuing education just isn’t in the cards this season. However, you can take your OSHA 30 hour online training course when it’s most convenient for you.

You’ll be able to study, practice, receive answers to questions you have, and more, all from the comfort of your home, day or night. Once you begin, you’ll have six months to complete your 30 hours.

Not a great test taker? Lots of people aren’t, and everyone has a different way of learning material. Many online courses offer engaging interactive lessons that improve how much information you retain. In the end, you’ll have three chances to pass your test.

2. Everyone On the Team Will Benefit

Insurance is a must for your job, but having to use it is a pain. Not to mention, finding yourself unable to work due to an injury is bad for your bottom line. Your OSHA training can pay for itself if even one minor accident is avoided.

OSHA training makes the workplace safer, but it also makes you a better boss. Your 30-hour course will educate you on the rights of your workers, and most importantly, your responsibilities as their leader.

Fewer accidents means higher productivity and increased employee satisfaction, while your education means you’ll be better equipped to handle the details if an accident does occur.

As you move through coursework focused on the unique hazards construction sites present, you’ll be able to identify what areas of your current operation could be optimized for safety and compliance.

3. It Improves Your Reputation

If you’re competing for a homeowner’s project, OSHA training is just one more feather in your cap. Any homeowner or organization accepting bids for jobs will be more likely to choose the company that concentrates on safety.

You will also have the advantage when it comes to hiring. The most conscientious skilled workers will want to apply for a spot on a team that is well-organized and pays attention to safety protocol. This leads to higher-quality work and a reduction in employee turnover.

All in all, OSHA training adds value to every facet of your business. It lends credibility to your professional reputation and attracts people who can respect your level of expertise.

If you’re not running a safe job site now, any employee or customer can report you to OSHA. Get ahead of fines and penalties by getting solid training in workplace safety. With online training, it’s easier than you think to save money, prevent injury, and give everyone extra incentive to work with you.