6 Reasons Product Development Is Good For Your Company

What drives established product engineering to spend valuable resources (time, money, human capital, etc.) on new product development. Here are six reasons to invest in new product development.

Competitive Advantage:

Staying ahead of the competition should always be front of mind for existing companies.  New products give you a competitive advantage over your competition.  It might be new sales, more shelf space, consumer impressions or other advantages. If you are the market leader, you want to keep your competitive advantage, if you are not the market leader – you need a competitive advantage. New products allow you to focus on taking a competitive leadership position. There’s leadership position in the nut category is clear and their continued focus on new products keeps them in front.  Their new dessert inspired mixes are definitely look mouth-watering.

Innovation Story:

Speaking of competitive leadership, there is the credibility that comes with being the category innovator.  Innovative companies are thought of as creative and ground-breaking bringing more 20excitement to their brand and solving consumer problems. Being first is always better than needing to flatter your competition by replicating something they did first and you wish you had thought of earlier.

Ancillary Sales:

Every brand wants more sales and new products help. New items might not be your number one SKU driving the most sales, but they drive new sales to your brand or category and they provide a continued look at existing products consumers may have forgotten about keeping your brand front of mind. I’m sure watermelon flavored Oreo’s are not their best seller, but each new offering generates loads of consumer media attention and new purchases.

Reason to See Your Buyer & Engage Your Consumer:
Depending on your category you might see your buyer one to four times a year…maybe monthly if you’re lucky. During those meetings you probably discuss general category data including pricing, promotions and performance, but what about products.  Same story different day doesn’t create a lot of reason for the buyer to schedule an extra meeting with you or give you more business.  New products on the other hand generate new discussion and new opportunities.

Test Consumer Trends

Consumers are constantly evolving which means their tastes and preferences change with them. In recent years we’ve see probiotic foods, gluten free, and paleo emerge as just some of the important consumer food trends. Your ability to maintain an active focus on innovation and stay current on trends allows you to be ahead of the curve with emerging consumer trends and test new concepts in early stages of trends and refine them as the trend becomes mainstream. This test and refine concept allows you to see what concepts have potential and which were fleeting while still maintaining a competitive advantage.

Explore Technology

Just like consumer trends drive new products, advances in technology drive new opportunities in various food products as well, typically in the area of food packaging. Food packaging and processing advances have opened up entirely new product opportunities. Your innovation, production and marketing team should constantly be exploring new technology that will aid in new product development.

New product development doesn’t have to be costly, but it must be a priority. Just like we talked about the power of building a marketing-minded culture, it’s equally important to include innovation as part of that ideal to foster continued organizational growth.

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Why You Should Get Your Car History Checked

To run a car check simply enter the registration number and then the mileage of the car you plan to buy. From here you’ll get lots of information, but let’s focus on the crucial parts:

Outstanding Finance

This is critical. If you buy a car with outstanding finance (and the owner doesn’t settle the balance before you actually own the car) such as Hire Purchase, Lease Contract Hire or PCP (Personal Contract Hire) you will lose ownership of the car unless you pay off the outstanding balance. But in almost all cases you will simply lose the car and any money you spent buying it. There are 1always varying circumstances with car financing but the overarching theme is that you will lose time and money, but most likely both. If the vehicle check shows up with money being owed via a “Stocking Loan” or “Demonstration Stocking” it simply means the car is financed by an outside finance company. Basically, the dealer doesn’t own the car. It belongs to the finance company but the dealer is the seller. These kinds of loans are very common from companies like Black Horse Finance and Moto Novo. You can use a company like DAMAGEiD to help you determine previous accidents too. Dealers are usually given 90 days to sell the car else the finance company will take the car back and enter it through auction. Talk it over with your dealer, check their liability and get confirmation in writing that the stock loan financing will be cleared on the vehicle before you buy it. The bottom line is, don’t take risks. If the car is showing up with finance owed, whether that be a dealer, a private sale or some other arrangement, don’t buy the car until the used car check is cleared or you have a written confirmation.

Stolen Vehicles

Car checker services reveal 40 stolen cars every single day! HPI gather information from the Police National Register for each query carried out. This means that the vehicle remains the property of the individual or organisation from whom it was taken. If your car checks flag up a stolen vehicle just walk away (and call the Police.).

Written Off

This is a term for a vehicle that has been declared a total loss by an insurer following accident damage or theft. It’s true that some written off cars can be allowed back on the road provided they have undergone certain car checks. Category ‘A’ or ‘B’ write-offs must never reappear on the road, whilst ‘C’ and ‘D’ may do so following proper repair, passing an independent Autolign-approved structural examination. Unless you are willing to spend an immeasurable amount of money on a car that’s suffered accident damage it would make no sense buying one. In fact, if you were to buy an accident damaged car you’d want it to be one that has undergone all the proper independent Autolign-approved structural examinations that come from a resulting category C or D insurance total loss. This way you will know that the car is roadworthy.

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Why You Need A Copier?

As a business grows from start-up to powerhouse, it often starts to seem like copies make the world go around. Whether you work with copies to improve your backup system, strengthen your records, or streamline customer service, it’s likely that the company photocopiers for sale in Maidstone are becoming crucial parts of your daily workflow. However, when it comes to copiers, there are a lot of options out there. Lease or buy? Use your own copier, or go with a copy shop? While each decision has its advantages, many companies decide to have their own on-site copy machines for a few main reasons.

On-Site Copy Machines21342766523_513afa0f0e_o

Because most companies work with paper like bloggers work with keyboards, it’s important to have a strong print-and-copy environment in your business. Copy machines are a big part of this. Having an on-site copy machine means convenience, opportunity, and maximized workflow–and if you decide that your business needs its own copier, you’ll likely come to find that your print environment is more productive than ever.

What to Consider

Although every business has different needs, it’s likely that having an on-site copier will satisfy at least a few of your company’s daily requirements.

  • Personalized schedule. With an on-site copy machine, you aren’t at the mercy of copy shop hours or inconvenient closings. You set the schedule–and if that means making copies at three in the morning, an in-house copier is up for the task.
  • Environmental awareness. It is the responsibility of every company, no matter how big, to keep an eye on daily environmental impact. On-site copy machines make this easier than ever. With the convenience of having your copy machine close at hand, you can control usage, unnecessary printing, environmentally-friendly consumables, and energy consumption.
  • Leasing. Choosing an on-site copy machine gives you a variety of options. You can buy or lease a copier, depending on what your company needs. And, with the vast variety of leasing opportunities and plans, you’re sure to find the perfect match for your business.
  • Security. Protecting your sensitive data is crucial. With an on-site copy machine, you can ensure that everything you copy will be safe and secure so that your most important info stays in the right hands.

Many business startups use the local photocopiers for sale in London to make their copies. While this can be a good way to get started, it is not a good way to grow. The time it takes to get copies made, plus the cost of the copies themselves, makes going to the copy shop increasingly expensive. Many advantages exist to having a copier on the premises of your business. The copy center probably leases its copiers from the people you could lease from. In other words, the copy center is marking up its copies to pay for its copy machines. You can cut costs per copy by leasing your own machine.

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The Best Printer For Your Office

All hail the paperless office! Early exponents of all-digital offices didn’t count on office printers for sale in London getting so darned good at being all-round office busybodies. The latest models from the likes of Epson, HP, Canon and Brother can scan, copy and fax, print double-sided and superfast in A3 sizes and even in colour, plus they can be used by phones and tablets. Some can even be controlled from the other side of the world.

4048664674_38dd1dcaee_oHowever, there are key questions to remember when choosing an office printer. Is speed a priority, or is low-cost more important? Do I need colour and exacting quality, or will mono, draft quality prints suffice? Will staff need to print remotely?

Whatever decisions you make will restrict what can be done in the future, so it’s worth thinking about the needs of the office both generally and for specific teams. For instance, a team of magazine designers will have no use for a cheap mono laser printer, while an A3 colour inkjet is overkill for an office that prints only invoices and letters.

Laser printing may sound much more exciting than inkjet technology, but you need to know the difference between these two competitors. They may often square-off in marketing blurb, but while laser is all about volume, inkjet focuses on quality. That’s probably your decision made; large offices that need to print a very high volume in draft, mono quality – and as quickly as possible – should almost always choose a laser printer. However, do bear in mind that laser printers generally take up a lot of space, and that the toner cartridges are very expensive.

The more versatile inkjet printers tend to be slower, smaller, and can print in high quality, such as photos, posters and graphics. By far the best option for design-oriented offices that need to produce in colour, inkjet printers also tend to be better all-rounders.

Those are the traditional battle-lines for the two technologies, but there is increasingly a lot of crossover between the two.

Although not designed to be the workhorses of a large corporate office, the multifunctional printer is ideal for small businesses, small teams or for individual/home offices. Any printer that can print, copy and scan tends to be called a 3-in-1. Add fax and you’ve got a 4-in-1, which may or may not be useful, depending on (the age of) your company’s client base. Adding fax usually entails an extra cost, and it’s quickly disappearing from mid-range printers.

As well as choosing between an A4-only printer and one capable of printing in A3 (which are rapidly coming down in size and price), it’s vital to know what else staff in the office need to print on. Some inkjet printers include a rear speciality media feed that can take A3-sized thick card and photo paper, or a media tray that can print on a CD or DVD.

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Comparing Laser & InkJet Printers

How to compare inkjet to laser printers? The short answer is that it comes down to how much you print, what type of documents you print and what your budget is. Epson multifunctional printers for sale and oki multifunctional printers for sale are right up there with those to compare, so check out our comparison below.

Differences between inkjet and laser printers

Compared to laser printers inkjet devices are a more common form of office printing machine. They are usually relatively small and inexpensive to buy, and are refilled using colour and black and white ink cartridges. Essentially, the ink is sprayed onto the page through tiny nozzles in an array of small dots which make up the letters or image. The quality of printing is good for typed documents and small colour pictures, but the print quality may not be good enough for professional looking documents or large images.

In comparison laser printers offer a higher quality of printing, able to produce incredibly sharp images and high resolutions. Laser printing devices use large cartridges filled with toner powder, which is fused to the page by heat and a static charge.  They work faster, with little noise and are capable of excellent print quality even on larger formats. However, the main downside with laser printers is that they are expensive and cartridges can be costly compare to inkjet devices. So they are currently less popular.1444567263_4a29a90693_b

Who needs a laser printer?

A laser printer is especially good for producing high quality black and white printing at high speeds. Compared to an inkjet, a laser printer doesn’t always guarantee a good colour printing quality, unless you are purchasing a high-end model for very specific work. Whilst the initial outlay is expensive, servicing and toner costs tend to be lower in the long run, so laser printers are more economical than you might first think.

  • Unbeatable print speed, so more pages can be printed every minute. Over time, this is more economical for companies with a large print volume.
  • Waterproof printing.
  • Cheaper laser printers can be purchased at around the same price point as an inkjet, although only for a mono-printer.
  • Cartridges do not require frequent changing.
  • Constantly lowering price point.
  • Can be used with a whole range of paper thicknesses and finishes.
  • Most suited to larger office environments with a need for large volumes of good quality printing.

Advantages of inkjet

It would be wrong, however, to write off the inkjet printer, as it still satisfies a lot of business printing needs at a very reasonable cost. In particular, a good quality inkjet still produces excellent quality colour images and is a very versatile device. The downsides are the frequent need to change ink cartridges (which can be costly), slow print speeds and lower resolution black and white printing.

  • Cheap to purchase compared to laser printers.
  • Versatile business printing solution.
  • Good quality colour printing on images, especially useful for photographs.
  • Affordable repairs.
  • This printer is perfect for small businesses where space is at a premium.
  • Suitable for most home and office needs where print volume isn’t too high.
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Should You Buy Your Office Printer Or Lease It?

Whether you need a workgroup laser printer that doubles as a digital press, a wide-format inkjet or a plotter that can accommodate large CAD drawings, printing equipment can represent a big cash outlay for any business. Printer leasing company London instead of buying can help you improve your cash flow and still provide the devices you need to obtain and maintain a competitive advantage. As your hardware needs evolve, leasing can also make them easier to meet and manage

Keep Equipment Fresh

Because printer leasing company Maidstone run for fixed periods of time, after which you typically return the used gear to the leasing company, you can plan your lease terms to coincide with the replacement cycle you want to maintain for your output hardware. Depending on the number of employees who will use a device, the volume it prints and the likelihood that you will either outgrow or outlast it, you can plan ahead for new technology and avoid falling behind improvements in equipment design or features.

Preserve Working Capital4048664674_38dd1dcaee_o

When you lease a printer instead of buying it outright, you avoid the potentially large initial outlay of an equipment purchase. If you finance your acquisition with a bank loan, you’ll be asked for a 10 to 20 percent down payment. A lease may stipulate payment of the first and last months’ installments before the lease term begins, but it represents a much more modest upfront investment. Preserving your business capital enables you to devote your money to other needs, such as staff growth or expansion plans. Choosing a long lease term may reduce payment amounts at the literal expense of increased total cost of ownership, however, as the sum of your payments can exceed the purchase price of the device.

Create a Fixed Cost

Leasing creates a fixed tax-deductible cost that avoids the need for complex depreciation schedules. Although deducting a purchase price as a lump sum may help you offset profits by a tidy sum, it produces a potentially uneven financial scenario, depending on how you schedule your depreciation. By comparison, lease payments become a monthly part of your bottom line. Note that leases that provide buyout clauses that enable you to purchase the equipment at a reduced cost at the end of the lease term may be subject to property tax, depending on how your local and state government structures its tax laws.

Bundled Equipment and Consumables

Leasing a printer can enable you to roll the cost of consumables and maintenance into the fixed cost of the monthly payment. Depending on the hardware you select, you may be able to secure a service agreement that includes ink or toner for a fixed number of printouts per month or quarter, and charges you for additional supplies beyond the output basis of the lease. This lease structure turns both your equipment and your supply payments into a fixed cost for which you can budget more readily than simply buying ink or toner cartridges when you run out.

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Why You Need A Copier?

As a business grows from start-up to powerhouse, it often starts to seem like copies make the world go around. Whether you work with copies to improve your backup system, strengthen your records, or streamline customer service, it’s likely that the company photocopiers shop in Maidstone are becoming crucial parts of your daily workflow. However, when it comes to copiers, there are a lot of options out there. Lease or buy? Use your own copier, or go with a copy shop? While each decision has its advantages, many companies decide to have their own on-site copy machines for a few main reasons.

On-Site Copy Machines

Because most companies work with paper like bloggers work with keyboards, it’s important to have a strong print-and-copy environment in your business. Copy machines are a big part of this. Having an on-site copy machine means convenience, opportunity, and maximized workflow–and if you decide that your business needs its own copier, you’ll likely come to find that your print environment is more productive than ever.4048664674_38dd1dcaee_o

What to Consider

Although every business has different needs, it’s likely that having an on-site copier will satisfy at least a few of your company’s daily requirements.

  • Personalized schedule. With an on-site copy machine, you aren’t at the mercy of copy shop hours or inconvenient closings. You set the schedule–and if that means making copies at three in the morning, an in-house copier is up for the task.
  • Environmental awareness. It is the responsibility of every company, no matter how big, to keep an eye on daily environmental impact. On-site copy machines make this easier than ever. With the convenience of having your copy machine close at hand, you can control usage, unnecessary printing, environmentally-friendly consumables, and energy consumption.
  • Leasing. Choosing an on-site copy machine gives you a variety of options. You can buy or lease a copier, depending on what your company needs. And, with the vast variety of leasing opportunities and plans, you’re sure to find the perfect match for your business.
  • Security. Protecting your sensitive data is crucial. With an on-site copy machine, you can ensure that everything you copy will be safe and secure so that your most important info stays in the right hands.

Many business startups use the local photocopier shop in London to make their copies. While this can be a good way to get started, it is not a good way to grow. The time it takes to get copies made, plus the cost of the copies themselves, makes going to the copy shop increasingly expensive. Many advantages exist to having a copier on the premises of your business. The copy center probably leases its copiers from the people you could lease from. In other words, the copy center is marking up its copies to pay for its copy machines. You can cut costs per copy by leasing your own machine.

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