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Forex Trading

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In June 2016, the citizens of UK voted to exit the EU. With the UK government having enforced Article 50 of the Treaty on the EU, UK is set exit the EU come March 29, 2019. Of course this has affected forex trading and is expected to remain so at least until the UK finally exit the EU. Even after that, the uncertainty may stretch further for an unanticipated period of time.

Brexit has been seen as the circumstance that has caused restrictions in the forex market, especially to UK forex traders. With many investors increasingly shunning British founded financial systems; it is likely that many investors will opt to use other types of currency as opposed to the pound. Since currency is derivative and liquid based, investors will still be able to make profit regardless of the deteriorating forex market, characterized by barriers and speculations against the pound, with many investors waiting to see how it will perform against other currencies especially the USD and the EURO.

Various happenings in Europe and the USA in the year 2017 have continued to affect forex trading. Many currencies have declined since then and this trend is likely to remain significant in the forex market for longer. Many traders are finding it difficult to launch profitable strategies, a predicament that may discourage forex traders in the UK from making currency investments. As a result of this, the forex market activity is bound to drop which may lead to a fall in the economic prevalence.

Today, foreign exchange popularly referred to as forex exchange is one of the most traded markets globally. Trillions of pounds are traded every day and this amount is expected to increase exponentially along the years. Traders vary from big corporate companies to individuals. With the increased use of the internet, forex trading is set to become more popular as many people discover the same through social media platforms.

There are various factors which determine currency shifts including major disasters, global events, economic and political stability, monetary policy, and currency intervention. Forex trading is executed in pairs and the trader makes a projection sighting the anticipated exchange rate variation between the two currencies. Their projection will determine the currency they will purchase. Assuming that their projection is right, their currency of choice will rise enabling them to sell it at a profit. If the opposite is true, then they will lose.

For instance, USD/GBP indicates the number of pounds a dollar can buy. Assuming the trader thinks that the dollar’s value will increase against the pound, they buy the dollar using the pound. In the event the exchange rate increases, then they can sell the dollars and gain profit. Generally, forex trading has become popular among investment connoisseurs because the markets remain open throughout globally.

Forex trading is quite popular among traders in the UK. However, it is risky and has been compared to gambling. Individuals who want to join the world of forex trading can read through various books and tutorials available online. Some experts claim that traders can make a fortune in forex trading. However, it is worth mentioning that many traders incur losses every other day. Executing currency transactions can be an expensive idea and while huge companies may make a substantial amount of profits, making big profits as an individual trader can be an arduous task.

If you are a novice forex trader, it is advisable to invest money that you can afford to lose. Potential investors may not find comprehensive information regarding forex trading and how to make a profit. While there are financial advisors and brokers willing to advice would be traders on basic investments and the magnitude of risk involved, many individual forex traders have learnt the skill by themselves, either through research or consulting from expert traders.

Finally

Tutorials and guidelines may paint forex trading as an affluent venture and promise you huge returns within a short period of time. Do not believe such promises. It is important to read and research widely before venturing in online trading. Forex exchange is a risky activity that many tutorials never talk about. Where possible, identify a successful expert trader and learn the trade from them.

How can Smart Alarm Systems protect you and your family?

Call box and digitally coded gate lock for new house

Keeping your home and family save is a key priority for most people, and can also be a major stressor, getting the balance right between protection and paranoia, security and surveillance is something most people struggle with daily, but it becomes worse when you have children. One of the simplest ways you can help to keep your family safe is with an alarm system for your home, either a simple burglar alarm or a high-tech smart alarm system.

If you are looking for more ways to secure a new home, then check out this handy list.

What is a Smart Alarm System?

A smart alarm system combines the security of a conventional burglar alarm with the ability to control, monitor and interact with the alarm remotely using an app on your phone, tablet or computer. Most systems include alarms, locks, security cameras, motion detectors, and door/window sensors, this list is not an extensive list though and the latest smart alarms almost double up as a home management system.

What are the befits of a Smart Alarm System?

The main benefit of this system is that you will be alerted to anything suspicious as soon as it happens, so you don’t have to replay on neighbours calling the police when your alarm goes off. You can either have an alarm that will call for you or you can call when you are alerted. It also gives you the ability to turn lights and appliances on and off remotely to give the appearance that someone is home which is a great deterrent.

They are not only useful when you are out of the home, you can set the alarms to cover parts of the home, so if you are going to bed you can set the alarms for downstairs so you would be instantly alerted if there was an intruder. You can put motion sensors in the babies room so you would know if someone went in there, and you can also remotely access the security cameras if you were away and had left your children with a childminder, this is great for that added peace of mind that your family is safe when your not able to be there.

How much Do smart alarm systems cost?

Smart alarm systems varies greatly in price with basic systems coming in at around £150 and more complex systems costing upwards of £600+. Not everyone will need to spend £600 on an alarm though as the number of features and security coverage needed will very from person to person.

Attracting the best talent for your business

The firms who get it right are those who know the value of getting and retaining the best staff, and there are lots of ways that companies can improve their techniques for growing the talent pool. It’s important to assess the whole brand of your business when trying to attract good staff and that means how you come across to potential employees.

Therefore, consider how your company is perceived by people looking for a job. Do you have good mission and vision for your company? Do you come across as employee-friendly? Do you give the impression that new staff can grow and progress with opportunities for challenge? It can help to look at these aspects of your business intermittently and analyse if you are giving out the right message as when this is undertaken effectively excellent staff will naturally start to gravitate to your company.

Job Description

Don’t underestimate the benefits of a well thought out job description and person specification that clearly defines the roles, tasks and behaviours of a particular job. Many companies don’t invest much thought in these key documents and are then surprised when potential candidates don’t match up to their requirements.

Equally, good candidates want to understand as much as possible about the role and if they feel it is good fit for them, so use the many internet resources at your disposal to devise the perfect job description.

Networking

Good employees can come from a number of directions not least through the contacts and networks of your already established staff. Therefore, make sure you spread the word amongst staff about other positions you wish to recruit to so that they can pass this to professional colleagues, networks and family members.

Social Media

Make sure you tap into the many benefits of professional networking through Facebook, Twitter and LinkedIn to connect to a huge audience of potential employees. The beauty of modern technology means that you can get the message out to literally hundreds of people from the comfort of your P.C. or laptop and with minimal costs! There are a range of helpful sites and information to support businesses to use social media more effectively.

Recruitment Agencies

Another great method for acquiring key staff for your business is through recruitment agencies who will have undertaken all the legwork to screen and profile staff and match them to an employer’s needs.

Agencies work with a range of businesses from small SME’s to large blue-chip companies in diverse sectors and are well-versed in every aspect of assessing top quality candidates and matching them to the business needs of their clients. This means that by the time they are referred to a potential employer they have already had a range of background checks and compatibility profiling to ensure that businesses get top notch candidates for interview. Many companies have grown their business by recruiting in this manner and equally, excellent candidates get a chance to progress their careers.

Internet

In addition to the benefits of social media outlined above the internet is a powerful tool for recruitment. There are many options to post vacancies including professional association websites classified advertisements, newspapers, trade journals and job websites so hunt around for the best options.

4 ways in which chain conveyors are used in business

"Shot of a chain and bearings rolling along a track in on an industrial machine. A great editorial shot for industry, engineering or manufacturing."

The main task of conveyors is reducing manual work when transporting materials in businesses while increasing efficiency at the same time. Chain conveyors are specifically used in moving heavy loads by employing the use of strong, continuous chains. They are mostly implemented using a double strand architecture. However, depending on the weight or width of what is being transported, chain driven conveyors may have a varied number of strands. In businesses, these conveyors are used in:

  1. Moving heavy products

Chain conveyors are tough and strong. They can withstand the weight of heavy things such as engines and their components without slipping as rubber conveyor belts would. Also, when these heavy materials are placed on them, they do not compress or buckle as roller conveyors would. Instead, they provide grip and efficiently move materials around the business plant.

  1. Moving products through extreme temperatures

Chain conveyors come in handy in moving products through either hot or ice cold temperatures along the processing/ manufacturing plants. A roller conveyor might not be suitable for high temperatures because its components might expand unevenly and ruin its ability to roll. Similarly, a rubber belt roller might not be suitable for cold temperatures because rubber gets hard and stiff in the cold which makes it lose grip and therefore slip. This leaves chain conveyors as the most suitable option to operate in such conditions.

  1. Moving in indexing mode

Chain conveyors are the safest option when dealing with high precision processing. These conveyor units usually contain an index drive that moves the material to the exact position for further processing. An example is the precision link conveyor which is used by design engineers and machine builders to move engine parts to accurate positions for robot welding, automated inspection or other automated processing procedures.

  1. Moving products in variable speeds

The ability to change speeds on conveyors when moving materials is very advantageous. Chain conveyors can easily be fitted with a Variable Frequency Drive which can adjust the conveying speed to suit the speed at which other activities in the plant are being carried out. This adjustment can be done comfortably without worrying about slipping because sprockets grip firmly onto the chains regardless of external factors.

Additionally, chain conveyors have several advantages come in a variety of types which are majorly classified as pallet handling conveyors and factory handling conveyors, each with its own unique application area.

Advantages of chain conveyors

  1. Ease of installation

Chain conveyors are very easy to install. In fact, most chain conveyor manufacturers offer free installation services for every purchased conveyor to make it easier for you to begin operations immediately.

  1. Affordable

Their affordability is relative to their durability. Since they last for long with little maintenance costs, whatever the chain conveyor’s initial cost was, it is recovered eventually because it gives you a high return on investment.

  1. Flexible

Chain conveyors are very flexible. As the business operations scale upwards, more conveyors might be required. It is quite simple to modify and upgrade existing ones which reduces the overall scaling costs.

It is important to note that each conveyor system has its own application area where it performs best. Before buying such a system, consider these tips so that in the end you get the most efficient system that suits your business requirements.

Medical Options You Need to Know for Emergencies at Work

You should always be prepared for any medical emergency at work – particularly as an employer. While you may not expect any serious incidents, prior preparation minimises risks and safeguards your business reputation. Medtree are leading suppliers for medical apparatus and first aid kits, and are sharing the options and provisions for your business.

In 2017 alone, there were a reported 609,000 non-fatal injuries. Thankfully, fatal injuries are rare, with the construction industry attributed to the highest number. However, you must be aware of the common causes of injury to ensure you can protect your employees. In the UK, the most reported incidents are due to slips, carrying and handling.

Risk assessment

The Health and Safety at Work Act 1974 outlines the necessity for a risk assessment. An assessment is essential to analysing the safety of the workplace and subsequent conditions. If you are unsure of what to include, we suggest looking at the government website. You can also find many free templates online. The basics of your assessment should include:

  • Actions to resolve any medical incidents
  • Name the first aiders within the venue
  • Identify any unsafe working

Importance of accident reporting

Accident reporting is critical for your business. Should a severe accident occur, and the proper provisions are not in place, you could face more than an employee out of work for a while. Many team members are unaware of the need to report emergencies, protecting them and your company. To rectify this problem, you should extensively outline all information required for accident reporting, providing employees with the forms to do so.

Potential hazards

It’s impossible to eliminate all hazards for your workforce. You would be working all hours available to do so, but you can identify potential hazards and reduce those risks. For example, if you are aware of what commonly causes injury, you can work to improve safety.

Handling incidents

Handling and carrying incidents accounted for 122,000 non-fatal injuries within the UK. While you cannot always be around for events, you can put procedures in place. An example is to provide thorough handling training to your staff, ensure doorways and warehouses are not obstructed, with clear pathways.

Falls

Falls account for the most significant number of incidents across all industries in the UK. Many slips can be avoided with proper measures in place. If there happens to be a spillage, clean it up immediately. Use signs to highlight any potential hazards and use suitable floor materials. Ignoring the most common incidents could leave your business reputation in tatters.

First aid kits

You’d be surprised how many employees are unaware of where their company first aid kits are stored, and who are the first aiders. The size of your workforce should directly correlate with the number of first aid kits. Your basic kit should include:

  • Gloves
  • Various types of dressing
  • Eye pads
  • Sharp and blunt scissors
  • Instant ice packs
  • Sports tape
  • Triangular bandages
  • Sterile gauze swabs
  • Crepe bandages
  • Wound wash solution
  • Deep freeze spray
  • Emergency foil blanket
  • Safety pins
  • Resuscitation face mask

Emergency medical plan

We cannot stress this point enough, but you need a plan of emergency. You should include all of these factors to your medplan, to protect both your employees and company:

  • Proper evaluation of the incident
  • Indicate which staff members must undertake incident reporting
  • Identify all first aiders and ensure they have had adequate training, and certificates have not expired
  • Store first aid kits and certificates in a clear, easy-to-reach place for all employees
  • Deliver the emergency medical plan to all staff
  • Consult with healthcare professionals
  • If you have any medical facilities close by, ask whether they can assist in an emergency

Useful medical apps

Medical apps can certainly never replace the need for proper care and healthcare professionals. However, they can spell the difference between fatal and non-fatal in many cases, with several apps approved by trusted names.

Medical dictionary

The medical dictionary does exactly what you would expect, providing access to more than 180,000 medical terms. The ‘clear, in-depth definitions of medical technology’ could prove invaluable when describing an incident to a healthcare professional. The app, which has several thousand downloads, offers terms for diseases, common ailments, drugs, physiology and even treatments.

First Aid by British Red Cross

The British Red Cross has produced an excellent first aid app, with fantastic guidance for all first aiders and even those that are not properly trained. The app shares step-by-step instructions for many medical incidents, such as asthma, broken bones, burns and even choking.

St John Ambulance First Aid

This app is similar to the above, offered by the trusted St John Ambulance. While both of these apps do not replace official first aid training, they do provide clear guides to assessing an accident and what steps you can take before paramedics arrive. This app boasts the addition of voice instructions, covering major and minor illnesses.

If you put proper medical provisions in place, you can rest assured you have fulfilled your duty of care and ensured the protection of your company reputation.

8 Quick And Easy Supply Chain Wins For SMEs

Portrait of adult businessman using tablet computer in office with big windows

While the biggest improvements to your business occur through large-scale changes and long term thinking, few things are as encouraging as implement a quick, easy change that produces real results.

From rethinking the way you transport inventory to renegotiating your payment terms, making small, simple changes to the way you manage your supply chain can have major benefits for your business, both in the short term and over the next quarter, year or decade.

Below, we’ve listed eight quick and easy “wins” for your supply chain management process, all of which can help you increase efficiency, improve effectiveness and lower costs for your small or mid-sized enterprise this year.

Reposition your top-selling inventory items

Do you run your own network of fulfillment centers or warehouses? One easy win, on a local level, is to reposition your fast-moving items so that they’re easier for employees to pick and pack for individual fulfillment.

Look into alternative transportation and shipping options

When was the last time you checked out alternative transportation and delivery options? As your business grows, it’s important to keep up to date with the latest rates from a variety of logistics providers, as you could be paying more than the market rate relative to volume.

Use an on-demand packaging machine

On-demand packaging machines, which cut flawlessly-sized boxes from cardboard, can help you save money, improve efficiency and reduce resource usage as your business fulfills more orders and makes more deliveries.

Use EDI software to eliminate paperwork

Human data entry means human errors — an aspect of supply chain management that many SMEs find unavoidable. Luckily, EDI platforms like XEDI can be used to eliminate paperwork and automate parts aspects of your supply chain for fewer errors and better accuracy.

Simplify your payment terms with suppliers

When and how does your company pay its bills? If you’re currently on different payment terms with all of your key suppliers, try negotiating with them to produce a more consistent payment system that lets your accounting department pay suppliers at optimal efficiency.

Consider drop-shipping specific items

Drop-shipping — shipping orders directly from manufacturers or suppliers — is rapidly becoming more popular, even among mid-sized and large retailers. While it’s rarely cost effective for your top-selling products, drop-shipping can often help you simplify fulfillment for niche products.

Equip employees with portable label printers

Portable label printers allow your fulfillment and logistics staff to print labels as required, without having to return to a standard printer between picking items. The end result? A less centralized, more effective fulfillment environment in which orders are picked, packed and processed faster.

Improve communications with suppliers

Finally, sometimes the easiest way to improve your supply chain is to reach out to your suppliers more frequently.

From frequent reports to weekly or monthly phone calls, clear and steady communication can be key to maintaining a strong supply chain. As suppliers become more important to your business, make it a priority for your team to invest in stronger relationships and increased transparency.

What Successful Poker Players and Finance Professionals Have in Common

Poker and finance are two of a kind. The type of strategic thinking that is instrumental in winning poker is the same requirement in making successful finance and investment decisions. In poker and trading, players and investors are both required to balance expected returns with associated risk. Which is why it is no big surprise when someone in the field of finance is successful in poker, and vice versa. Both all about mastering the basics and maintaining self-discipline. Learning the basics in one field can actually benefit the other. So, a poker player might improve his hand by studying the tricks in finance, and a trading professional might improve his investing decisions by playing poker. 

Different Setting, Same Strategy

Poker players and investment traders are always attuned to noticing patterns and letting them inform their decision-making, although there may be slight differences in how they approach pattern analysis. For poker players, it is critical to watch opponents closely and look for indications such as changes in body language and other “tells” that could reveal their next bet. Meanwhile, in investing, the approach is not as personal as that of poker, as traders analyse data in order to forecast where the market is headed. In both arenas, pattern analysis is vital. It is necessary to observe changes and fluctuations from the status quo in order to decide one’s next move.  

Access to online poker games is beneficial to anyone who wants to become successful in the card game of poker. Unlike in the past, when one needed to go to a land-based poker room in order to play and learn the strategies of the game, online poker sites are now easily accessible to anyone who wants to become an expert poker player. One’s understanding of poker is related to the number of hands they play, and playing online makes it possible to play more games than in a physical casino. Some online poker sites even let new players play for free without requiring a deposit, and there are even bonuses given out too. And with mobile devices like smartphones and tablets, one can play online poker anytime and practically anywhere. All it takes it to download the app or access the site on a browser. Click here to see how you can practice poker online for free by playing different variants such as Texas Hold’em, 7 Card Stud, Omaha as well as webcam poker, where you can see your opponent, and fast-fold versions like SNAP.

Risk Management and Recovery from Losses

Successful poker players and trading investors should both be impartial and well-acquainted with risk. While people outside these industries may find it challenging to separate the decision from the outcome, this is something that expert poker players and investment traders are very good at. They are able to make an unbiased decision and accept the outcome, whether it was a success or not. It is equally important that they bounce back from losses, assessing carefully and objectively what went wrong and planning their next move.

In both fields, there is no room for sulking. Playing your loss over and over in your mind will not change anything, but focusing on your next hand could give you the win you’ve been wanting to achieve. Both poker players and investment traders are able to quickly move forward from any losses. They know how to compartmentalise, and they do not allow defeats to affect their strategy. In both poker and trading, one must be able to strategise based on factors revolving the current situation. It is dangerous to base one’s decisions on recent losses, or even on recent gains.

Top Poker Players Who Are Also on Wall Street

One proof that the worlds of poker and finance are similar on so many levels is the existence of top poker players on Wall Street. For one, there’s Vanessa Selbst, the most successful female poker player to this day. Vanessa has achieved almost $12 million in winnings and recently made a career switch from poker to finance. Vanessa is a three-time World Series of Poker winner and known to be an aggressive player with a diverse background. Before she took a job with Bridgewater, the world’s largest hedge fund, she worked at consulting giant McKinsey & Company.

Another legend in poker who migrated to Wall Street is Jason Strasser, one of the top figures in the poker tournament scene back in early 2000. To the surprise of many, Jason left poker in 2007 to take on the role of co-founder and chief investment officer at Caption Partners. But Jason didn’t leave the poker world for good. He still plays in poker tournaments from time to time. In fact, he recently topped a massive field of 1,249 entries and secured the 2018 World Series of Poker Circuit Choctaw $1,675 No-Limit Hold’em main event title, earning $332,539 and his second WSOPC gold ring.

In 2010, Louis Bacon’s $4 billion hedge fund, Moore Capital, hired James Vogl from North London. James won a coveted bracelet in 2004 during a World Series of Poker event in Las Vegas. In the said event, he won over 800 other players and earned $400,00 0 in tax-free profits in just one hand. James, who admits that he is highly competitive, has always had a passion for risk and reward games, spending a lot of time learning poker and the odds, practising and doing the calculations.

High stakes, effective strategy, risk-taking, and a lot of self-discipline – these are just some of the things that are needed in poker if one wishes to succeed in this game. And since poker and finance are practically identical, these factors are equally essential in the world of investment trading. What’s amazing about these two worlds is, they offer the same opportunities and excitement to people who excel in either that one can grow in one field and evolve in the other, such as the case of the top poker players who decided to join the exciting world of Wall Street. 

 

The Lifespan of NME: Terminating Print Publications After 66 Years

Attractive woman reading magazine at home

Established in 1952, NME is the longest standing music publication in the world. However, in March 2018, the company announced they were terminating the magazine to focus solely on the website. The print industry has experienced a rapid decline with the rise of digital, and the company is adapting to the changing market. The enormous growth of the internet and mobile has influenced the demise of many newspaper and magazine publications, with NME the most recent casualty. Business Rescue Expert, a leading insolvency practitioner firm in the UK, is analysing what NME ceasing print publications means for the future of the brand, and the market.

NME is the world’s most popular and established music magazine. The brand changed the face of the industry, with music royalty gracing the covers and the pages in the publication. The magazine launched with the sole intention of appealing to men, aged between their late teens and twenties. However, as they grew in popularity, so did their readership. Today, their readers are 63% male and 37% female.

NME rode the boom in the print industry, generating more than £1 million a week in revenue at the height of their popularity. Coupled with 400,000 subscribers, the brand had a solid customer base to launch their website in 1996, covering more topical areas. As accessing news through the internet became popular, NME recorded a dip in profits. In 2008, the bold headline was ‘mobile to overtake fixed internet access in 2014’, and the reports proved it to be true. More than 69% of consumers spend their media time on their smartphone, leading to a sharp decline in those reading NME. In 2015, the company announced they only had 15,000 subscribers.

Measures were put in place to save the publication, including making the magazine free for all readers in September 2015. Thus, NME relied on advertising revenue, rather than sales revenue. This temporary relief boosted subscribers up to 300,000. Soon after, NME was acquired by a private equity firm, who have concluded that keeping the brand in its current form is no longer financially viable. NME will now only be available online.

The print industry changes

As more readers use their smartphones for news, the print industry experiences more losses. Rather than going to the shop for breaking news, mobile phone users can see the stories unfold in real time. Similarly, news apps offer the option of notifications, meaning you are alerted to any news occurring around the world. Today, younger readers are also said to have less disposable income and can access websites sharing similar stories to those of print publications free, and whenever they want.

However, not all print publications are terminating, and some news outlets are adapting to the changes in the market. Those reactions to these attitudes include:

  • Magazines/newspapers adding QR codes to print, taking the reader to a webpage or app
  • Offering exclusive discounts that can only be found in the print edition
  • Producing highly valuable and in-depth content not available online

How do online publications obtain funding

Funding for online publications can take a variety of formats. Primarily, most websites gain funding through advertising. For example, if you have ever been skimming an article and an advert has popped up. Paywalls are also another method, asking consumers to pay a small amount to access their content. Typically, this is a one-off payment over a certain amount of time.

Online articles often include surveys you must answer before accessing the story, with the condition that the data is sold to another party. This is a form of funding for the site, as are competitions. If a company offers the chance to win £20,000, they could ask you to text into a premium rate line. If enough people do so, the business will make their money back along with additional profits.

The continuing development of websites and digital applications mean you can no longer run a print publication as you did 20 years ago. Times are changing, and magazines are suffering. Those who adapt to the changes will be the companies that survive.

How Mucuna Pruriens Can Help Bodybuilders

Spirulina tablets and powder in bowls on a wooden background

Step into your local health store and you’ll find row after row of supplements claiming to rapidly build muscle, burn fat and promote optimal physical performance.

While many of these supplements work, some are more effective than others. Over the last few years, one supplement — a naturally occuring legume powder — has started to attract attention for its notable effects on muscle-building hormones such as HGH and IGF-1.

Mucuna pruriens powder, a packaged form of the mucuna pruriens tropical legume, is linked to improved levels of dopamine. It’s marketed as a treatment for drug withdrawal and Parkinson’s disease, but it’s also an interesting supplement for bodybuilders and athletes.

Mucuna Pruriens and Human Growth Hormone (HGH)

Mucuna pruriens is a rich source of L-DOPA — an important amino acid that’s converted by the body into dopamine.

Dopamine is a powerful neurotransmitter that plays a major role in many aspects of human brain activity. Steady levels of dopamine help your body regulate blood flow, maintain an appetite and even play a role in learning and optimal cognitive function.

Dopamine is also closely linked to production of human growth hormone (HGH), a hormone that the body produces in the pituitary gland. HGH is closely associated with several muscle-building benefits, from faster recovery during training to optimal muscle growth and development.

In fact, one study shows that dopamine agonists — substances that bind to the body’s dopamine receptors — play an important role in moderating the secretion of human growth hormone (HGH) and insulin-like growth factor-1 (IGF-1).

HGH levels are typically high in people’s youth, but the amount of HGH secreted by the pituitary gland declines with age. As a result, people with lower levels of HGH usually have less muscle mass than younger people with optimal HGH levels.

As an important source of L-DOPA, a precursor of dopamine, mucuna pruriens can play a major role in helping your body produce optimal HGH for strength development and muscle growth.

Mucuna Pruriens and Testosterone

Mucuna pruriens is also linked to improvements in testosterone levels and libidio. As one of the body’s primary muscle-building hormones, testosterone levels are closely linked with strength, muscle mass and athletic performance.

One study from 1985 shows that higher levels of testosterone contributed to a 20% increase in muscle mass in men, as estimated using creatinine excretion analysis.

In short, higher levels of testosterone increase your body’s potential to develop muscle, making testosterone one of the most important hormones for bodybuilders and strength athletes to pay attention to.

While there are no current human studies on mucuna pruriens and testosterone, a 2012 study of male rats showed a noticeable increase in hormonal levels after 60 days of mucuna pruriens extract use.

Human studies of mucuna pruriens also show an improvement in sexual performance and male fertility, suggesting that mucuna pruriens can improve the biological pathways that fuel optimal production of muscle-building hormones such as testosterone.

As a result, mucuna pruriens is a popular ingredient in testosterone boosting supplements, as well as an effective and increasingly popular supplement for bodybuilders and strength athletes on its own.

5 easy ways for small B&Bs to boost their revenue

Giving up a stressful life of working long hours at a blank, soulless office in a bustling city and becoming a B&B owner instead can seem like a very quaint notion. However, that’s before financial matters arise and, potentially, you notice that the monetary sums aren’t quite adding up to your liking. Still, with a small B&B, you can help produce more buoyant revenue if you follow these tips…

Make your own home a B&B

The upfront costs of setting up a B&B can be eye-watering; buying one costs £572,000 on average, according to The Telegraph. Now, consider the comparatively measly £127,000 in average turnover! Nonetheless, you might not have good reason to be too concerned by these figures…

David Weston, the Bed and Breakfast Association’s chief executive, has pointed out that most people starting a B&B do so at little or zero capital expanse; hence, they use their own home as the B&B.

Pay off your mortgage before you start

If you have decided to indeed go down the route of making your residence the B&B, it would still be wise for you to make sure that you have paid off the mortgage on that property first.

The website Start a Bed & Breakfast says that this would significantly ease your financial sums, as you would not even need to factor in any mortgage payments. This, in turn, would enable you to see your B&B’s financial picture in greater clarity and so help you discern how to boost revenue.

More rooms don’t always equal more money

Logic might indicate that the more rooms your B&B has, the more rooms it can fill and so the more revenue it can make. However, this doesn’t account for the costs of maintaining those rooms and an array of uncontrollable factors which could affect your occupancy rates.

Reassuringly, with just two guest rooms, you could still easily bring in £30,000 provided that you charge £70 per night and the occupancy rate does not fall below 60%, Weston has estimated.

Choose a location conducive to better revenue

The weather and seasons can both affect a B&B’s occupancy rates. For example, B&Bs can be very busy during summer but turn quieter in winter. However, the B&B’s location could affect that pattern. For that reason, you might want to think carefully about which location to settle for.

In helping yourself to decide, you should research and understand any area where you are interested in setting up a B&B, This is MONEY.co.uk advises.

Make it easier for people to place bookings

If there are people interested in staying at your B&B, it would obviously be a pity if they attempted to book only to abandon this attempt out of frustration over the booking process.

Fortunately, there are hotel reservation systems which can be used for B&Bs and ease the process of booking a room at one. However, carefully research different systems before selecting one; consider, for example, that eviivo would let you advertise your B&B on many major travel sites.

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