ResidentialBusiness

What are the BEST rental listing sites? A landlord or property manager’s work is never done. Between handling repairs, collecting rent, and maintaining the property, there’s always something to be done. Add finding the right renter to the list, and things can get complicated in a hurry. That’s where rental listing sites come into play. What is a Rental Listing Site? Rental listing sites are websites that allow landlords and property managers to post information about their rental properties. These sites are used by potential tenants looking for a new place to live or by people who are interested in finding additional properties to invest in. While some rental listing sites cater specifically to landlords and property managers (like Zillow Rental Manager), others also have information for potential tenants, such as reviews (HotPads) or financial tips (RentLingo). How do Rental Listing Sites Work? Most rental listing sites operate in a similar manner. Property owners or managers sign up for an account on the site and provide details about their property, including the number of bedrooms and bathrooms, square footage, monthly rent, and any special features or amenities that come with the property. They can also include photos of the exterior and interior of the property to give potential tenants a better idea of what it looks like. Alongside this information, some sites enable landlords to add extra details about their properties. This includes aspects like pet-friendliness, whether the tenant is responsible for utilities, available neighborhood amenities, nearby schools, and renter requirements, such as a minimum credit score. Once the listing is verified and ready, it goes live on the website. The owners are later notified by the rental listing company if prospective tenants want to rent the property. Our Methodology to Choose the Best Rental Listing Sites For our evaluation of the top rental listing sites, we considered several key criteria that are essential for small business owners and entrepreneurs. Each criterion is rated on a scale from 1 to 5, indicating its importance in our selection process, where 1 is less critical and 5 is most critical: Ease of Use and Navigation (Rating: 5) We focused on platforms that provide an easy-to-use interface, ensuring that both landlords and tenants can navigate them effortlessly. Quality and Variety of Listings (Rating: 5) Essential for us was the diversity and quality of rental listings available on each site. Cost for Listings and Value for Money (Rating: 4) We assessed the cost-effectiveness of each site, ensuring landlords get good value for their listing fees. Tenant Screening and Security Features (Rating: 4) Sites offering robust tenant screening processes and security features were rated highly. Customer Support and Resources (Rating: 3) We considered the availability and quality of customer support and educational resources for users. Integration with Property Management Tools (Rating: 3) The ability of these sites to integrate with property management software was an important factor. Market Reach and Visibility (Rating: 5) We focused on sites that offer significant market reach and visibility to ensure listings attract a wide audience. Mobile Accessibility and App Performance (Rating: 3) Sites with reliable and functional mobile platforms were given preference. User Reviews and Feedback (Rating: 2) We took into account user reviews and feedback to understand the real-world effectiveness of each site. Innovative Features and Tools (Rating: 3) We looked for sites that provide innovative features, like virtual tours or AI-driven property suggestions. These criteria form the backbone of our methodology, ensuring that the rental listing sites we recommend can provide visibility, efficiency, and value to landlords and property managers. The Best Rental Listing Sites Now that you know about the best rental listing sites for landlords, here are 16 of the best ones you can use to list your rental property, along with their advantages and disadvantages: Zillow Zillow is one of the most popular rental listing sites on the internet, and that means you’ll have a lot of applicant traffic. Its size and features make the platform a great choice for landlords looking to list their properties. In addition, their website features some of the best rental tools around for finding quality renters and managing the ones you already have. Landlords can really make their property listings pop by uploading a 3-D view of it, too. Pros: Zillow is an established brand that has a large website of over 135 million homes. Built-in tools like the Zillow Rental Manager lets you screen tenants with background and credit checks. Having Tenants pay rent online is an option, too. Zillow’s mobile applets property owners upload, edit, and publish their listings. The app also lets property owners and landlords communicate with applicants and collect rent payments. Cons: There is no way to categorize rental properties into specific neighborhoods. If you want to add a listing, it’s $9.99 a week for every additional listing after the first free one. While the tools to collect rent payments are a nice feature, landlords say they find it a challenge to manage financials like credits, security deposits, and pet fees. Facebook Marketplace If you’re not utilizing Facebook Marketplace to advertise a rental, you are missing out on a huge pool of potential tenants. With roughly 800 million monthly users, the destination will give your listings a significant amount of exposure with its large user base. Pros: You can easily add photos, descriptions, and even videos to the listings in minutes. The marketplace lets you see who’s interested in your listing so that you can contact those people directly through Messenger or WhatsApp. Landlords can use features like messaging, filters, and location tags to gain more exposure with renters in their area. Facebook offers tools that make it easy for landlords to view who posted listings and how many times they were shared or liked. Cons: The site has far fewer users than some of the other popular rental listing websites. Renters looking for properties on Facebook Marketplace may not be as serious about finding a rental as those who visit other websites. Responding to inquiries can be difficult, as renters message you through the site or the app itself. This option might put your private data at risk. Rentals.com Rentals.com is part of the RentPath company, and it targets first-time renters, especially the millennial demographic. They operate in all 50 states, and they are the largest rental listing site that is focused on single-family homes, condos, townhomes, apartment ings and rent-to-own properties. Pros: You can influence your placement based on the entire time your property is listed with them vs. automatically sorting listings by how recently you posted them. They have an enormous amount of filters that make finding the right renter easy. Unlimited online applications from serious renters. Feature-rich landlord tools like video tours that show lots of property details. Cons: The website can take a while to update and be glitchy, which is a big downside when listing real-time availability, and collecting money from tenants is critical. Some reviewers on TrustPilot reported receiving very few or even no leads from rent.com. In fact, some users mentioned that they received more leads from free listings compared to those from rental.com. Their price range runs from $49.99 to $84.99/month, which can give some landlords sticker shock compared to other listing sites. Customer service reportedly can be slow to respond to inquiries. AVAIL 180,000 people use the property management AVAIL app. It’s ideal for DIY landlords that have less than 10 rental units. With AVAIL, you can advertise your vacant units on high-traffic rental listing sites, including Apartment List, Doorsteps, realtor.com, and Zillow. Tenants can pay rent on Avail’s easy-to-use online rental platform. Pros: The app lets you easily collect rent and track rent credits and tenant expenses. An educational system walks you through the beginning, intermediate and advanced landlord topics. AVAIL has a very responsive help desk that operates 24/7. Their free tenant screening process goes way beyond typical credit and eviction history checks, such as whether the potential renter is on the terrorist watch list. Cons: The site doesn’t have as many listings as some of the other top rental listing websites. There is a lack of filters on AVAIL, which can make finding the right property more difficult. They charge by rental unit, so the more you have, the more expensive it is. Landlords with over 10 units or short-term rentals may find that AVAIL isn’t the best fit for them. Apartments.com Apartments.com is one of the best listing sites for attracting qualified apartment renters since they charge applicants a fee to apply on their mobile app. Why is that? This requirement separates qualified renters from the rest since applicants take their time and look closely to make sure the property’s size, price, and rules are a good fit before handing over their application. Pros: It is one of the largest rental websites (more than 1.1 million available units). You can narrow your search by specific neighborhoods. Provides tools for saving money on rent and deposits. You can connect with many renters and lease the property 100% online. User-friendly search function. Cons: App users report sorting features and updates are cumbersome. The site mainly displays larger apartment complex rentals. Neighborhood information is too limited. It is one of the more expensive sites to advertise on. PadMapper PadMapper has a motto, and that’s “Making Apartment Hunting Suck Less.” We could all do with a little bit of that, and the property management tool offers simple ways to make it happen for renters. But the big question here is: does PadMapper suck at listing your apartment property? Let’s look at the pros and cons to find out. Pros: It has an easy-to-use interface, and you can post an apartment, private or shared room, or rental home to a “pad” in a minute or two. PadMapper is secure and safe to use. They also clamp down on spam and viral marketing ads like a frog eating a fly. Although they don’t splash it across the website like other listing companies, Pad Mapper has free rent collection and tenant screen tools. PadMapper has joined forces with San Francisco-based Zumper, so landlords can now benefit from the best these site partners have to offer. Cons: There are not many options in the way of filters, so you may need to do some searching on your own before finding a rental that suits your needs. The site has a tendency to show irrelevant properties, such as those that are sold or no longer available. PadMapper’s rental listings expire, and you can only have one active listing at any given time without paying for an upgrade. Oodle Think of a mashup of Facebook Marketplace and Craig’s List, and you have the classified ad listing website Oodle. Landlords can list apartments, condos, and home rentals online in their classified section. Pros: Oodle is one of the biggest classified ad listing websites on the internet. You can list your apartment or rental home quickly and easily. There are many filters to help you find what you’re looking for, including an option to search by email address. The site is free, so you can list as many apartments and homes on Oodle as you own or manage. Cons: You might be bombarded with spam emails from scammers who want your money without delivering any results for your apartment business. There are not any landlord tools to help you manage your property, and it doesn’t have any tenant screening services to make sure the tenant is reliable. Rentometer Rentometer is a website and app that landlords can use to measure the rentability and the going rate of their properties in seconds. It is a great resource for those who are curious about how much they could charge for rent or if they should raise the rent on their current tenants. Pros: Rentometer provides both short-term and long-term rental rate averages so you can get a good idea of what the market is doing. It’s easy to use. Just plug in your property parameters, and it generates a report for you. Rentometer offers both monthly and yearly subscription plans, so there is something for everyone. The Batch Analysis tool provides statistics on properties and lets you know if you are charging too much or too little Cons: Rentometer doesn’t have features for listing rentals. You can only use the site and app if you’re a property owner, so renters cannot access the information they need. The estimation for rental prices isn’t accurate at times. No mobile app for Android platforms. You have to pay for monthly and annual plans. Trulia Trulia is a real estate marketplace, MLS aggregator, and subsidiary of Zillow. They have over 3.5 million listings, and information is provided to them by brokers, MLSs, website vendors, and Zillow. Pros: The listings are accurate and up-to-date You can filter and save your searches The website is easy to use and has many features, such as the ability to see how long a property has been on the market. Trulia gets most of its profit from ads, and landlords can list their properties for free. Cons: The website has a lot of advertisements, which can be overwhelming and detract from the listings themselves. There is no way to list directly with Trulia, and there are many false listings placed on Trulia’s site because of its free rental listing options. The website is slow sometimes, and it takes time to get updated when the property has already been sold or occupied. Hotpads Hotpads is a rental marketplace for apartments and houses throughout the U.S. Like Trulia, it’s part of the Zillow Group family of listing sites. That means you’ll have a lot of monthly visits to your rental real estate listing. You may have to pay a fee for larger rental property listings, but the added value from Hotpads is probably going to be worth it to many landlords. Pros: It has been established for a significant amount of time and has developed a strong reputation among landlords and tenants alike. An easy-to-use interface with many filters. Their site connects landlords to the Zillow Rental Manager, where you can post listings, collect rent, screen tenants, and more. It lets you use custom keywords in your search. Cons: Hotpad listing inventory contains a lot more apartments than homes. Therefore, if a single-family house is what you need, this site may not align with your goals. Reviewers on Sitejabber have complained that the reality of the property doesn’t match up to the nice photos of it on the site. Critics argue that Hotpad can be slow to update its listings, leading to instances where properties are advertised as available even when they are not. Hotpad’s no-frills website, apps, and search engine aren’t as advanced as some other sites on this list. Apartment Guide Offering a nice apartment finder for tenants in big cities is Apartment Guide. It is one of the most popular rental listing sites on the web, and you can count cities like Atlanta, Dallas, Los Angeles and Phoenix among some of the big cities on their apartment list. They also have their focus on leasing single-family houses, townhouses and condos. Pros: It takes just a few minutes to create an account and list your property. An easy-to-use interface that is easy to navigate. It’s free. There are some pricing plans that are designed to give your listings an extra boost. But they probably aren’t necessary for many landlords. A lot of great photos and descriptions of properties (e.g., square footage). Advanced filtering options. You can save your favorite searches. Cons: Reviewers on TrustPilot said that the pictures of properties can be deceiving. Customer support can be uneven. The search engine does not contain as many listings as some other sites on this list. This means you may have fewer results for larger properties like single-family homes and condos, especially if these are not in major cities or metropolitan areas where Apartment Guide focuses its attention. There are some issues with the way their software maps properties, which can potentially get in the way of how tenants find your properties. ByOwner The owner has been in business for over 20 years, and they can list the homes, condos, apartments, townhomes, and villas for rent. Additionally, it is the top-visited rental digital platform for renters looking to lease straight from owners. They offer a complete online toolbox, such as online rental applications for prospective renters, to make a landlord’s job easier. Pros: They offer a 14-day free trial. The website is easy to use and navigate. You can post up to 50 pictures Your ad stays active for six months from the day you post it. They have a rental guarantee: you get 3 months of free listings if you don’t rent your property in 3 months. Cons: Some reviewers on SiteJabber say they have poor customer support. It is difficult to get in touch with them over the phone if you have a question. The listings are $39/month after a 14-day free trial. An MLS rental advertisement on several high-trafficked sites is $349/month. Byowner caters to major “for rent” cities, so their services may not be available in your area. Homes.com When it comes to traffic homes.com has it going on, as they are the sixth-largest web portal for people scouring the Internet for rental property. They focus on single-family homes, along with townhouses and condos. Pros: Balance Small Business ranks them as “the best rental listing site for single-family properties.” Since it has high traffic, a lot of people will browse listings. They provide concierge services that provide you with custom real estate advertising that’s powered by machine learning. Cons: You can create a profile for free, but you have to buy leads if you want to list your rental property and have much success on homes.com. Critics on Consumer Affairs say they can be very attentive on the sales side—but uneven on the customer support side. There is only a contact form or way to sign up for an account on the site, making it hard to navigate the process and find out what to do and how to get started without talking to an agent. MyNewPlace (formerly RentJungle) is an excellent resource for landlords looking to lease their single-family homes and apartment units. A unique feature they offer, which sets them apart from many other platforms, is that landlords only incur costs when potential tenants reach out to them through an advertisement on MyNewPlace. Pros: Mobile users are a big pool of renters you can reach with their iPhone app. It has quite a few filters that allow for specific neighborhood searches. You can advertise and reach millions of people looking for rental homes and apartments Their various service levels allow you to purchase options that enhance the visibility of your rental listing on the website. Cons: You have to contact the company directly to advertise with them. It can be hard to get in touch with customer service if you need help. Critics on Yelp, San Francisco state that the sorting features aren’t so great, and it can be hard to get in touch with customer service if you need help. Doorsteps Doorsteps is a house and apartment finder for renters that’s powered by realtor.com. Their website has thousands of listings collected from direct feeds from property management companies, city & state MLS sites, and through their partnership with apartments.com, Cozy, and Avail. Pros: You can create a custom listing in minutes that showcases your rental’s most desired features. The company offers tenant screening, lease creation, renewable listings and rent collection with their basic plan—all free and 100% online. The website offers accurate, up-to-date information There are many visitors, especially in college towns. Syndicates your rental listing to the top 12 listing sites. Cons: Their payment structure is similar to how AVAIL lists their apartment units at $5/unit. So, the more units you have, the more expensive it is. Another downside is you’ll be out of luck if you are listing something other than apartments or houses for rent. Rentdigs Rentdigs promotes itself as the #1 place on the internet to advertise home and apartment rentals. The website was created by landlords for landlords, so it has a lot of juicy tools and features for free that will help you get qualified tenants. For instance, you can create custom screening questions and applications, and you can use their rent collection service. Pros: You can add single and multiple home and apartment listings to Rentdigs for free. When you list, Rentdigs automatically posts to other sites renters access, such as MyNewPlace, Oodle and Trovit. Site statistics give you the number of viewers and how often they are looking at your rental property. You can create personalized links for prospective tenants Rentdigs indexes great on Google, Bing, and other search engines Cons Some of Rentdig’s features are less advanced than other listing sites. The site doesn’t get as much traffic as sites such as Cozy or Zillow. Bonus: People with Pets About 72% of renters in the U.S. own pets, yet only 7% of landlords permit them. This means that if you belong to the 93% of property managers and owners who do not rent to pet owners, you are missing out on this niche market. If you do allow pets, it’s important to utilize this resource to inform pet owners of your policy. You can also communicate details such as whether you require a security deposit or pet deposit, as well as the rules regarding pets on your property. The premium membership to list on People with Pets costs $9.99 per month. Pros: Responsive website you can access with all mobile Devices. Property Description: up to 12 photos; unlimited floor plans Direct link to your website & social media Direct communication with your property via email, phone, or fax Access to their Listing Management Console and the ability to add/edit your own listing Cons: There are no landlord tools to screen your tenants, so you may have to list with another company simultaneously to use theirs Many listing companies allow people to filter “nearby pet-friendly properties” as part of their services, so People with Pets may not be needed if you are with another listing company. There isn’t as much traffic as with some of the property listing companies on this list; this could result in fewer pet owners and other renters seeing your listing. Best Rental Listing Sites Summary SiteProsCons ZillowLarge audience, advanced tools, 3-D listings, mobile app.Weekly fee for additional listings, managing financials can be challenging. Facebook MarketplaceHigh user base, integrated messaging, quick listing setup.Less serious renters, risk to private data. Rentals.comGood for first-time renters, vast filter options, unlimited applications.Glitchy updates, may not yield many leads, higher price range. AVAILComprehensive landlord tools, 24/7 help desk, detailed tenant screening.Charges per rental unit, less suitable for landlords with over 10 units. Apartments.comLarge inventory, neighborhood-specific search, fully online leasing.Cumbersome app updates, mainly showcases large apartments. PadMapperEasy interface, secure, free rent collection, and tenant screening.Limited filter options, shows irrelevant properties, listings expire. OodleLarge classified ads site, quick listing process, free.Risk of spam, lacks landlord and tenant screening tools. RentometerProvides rental rate averages, easy to use, subscription plans available.No listing features, only for property owners, price estimation issues. TruliaAccurate listings, easy to use, free profile creation.Ad-heavy, no direct listing, slow updates. HotpadsWell-established, connects to Zillow Rental Manager, custom keywords in search.More apartments than homes, potential outdated listings, basic interface. Apartment GuideQuick account setup, free base listing, advanced filtering options.Deceptive pictures, uneven customer support, focused on major cities. ByOwner14-day free trial, 50-picture uploads, 6-month ad duration, rental guarantee.Paid listings after trial, caters to major cities, costly MLS ads. Homes.comHigh traffic, focuses on single-family properties, machine learning advertising.Must buy leads, uneven customer support, no direct listing process. MyNewPlacePay-per-contact model, reaches mobile users, different service levels.Direct contact required for advertising, inconsistent customer service. DoorstepsCustom listings, free basic tools, accurate information, large visitor base.Paid listings for more exposure, not for non-apartment/house listings. RentdigsFree listings, auto-posts to other sites, indexed well on search engines.Less advanced features, lower traffic than larger sites. People with PetsResponsive site, direct communication links, property description features.No tenant screening tools, may not be necessary if using other services, less traffic. Free Rental Listing Sites There are a few free sites like Oodle and Trulia that offer rental listings at no charge. Also, Zillow offers the first listing free. However, when you’re looking for a great rental listing site, it’s important to consider what features are the most important to you. Sites that offer free listings can be a great option, but they can often be filled with ads or have less traffic than those that charge a fee. Why You Should Use Rental Listing Sites Rental listing sites offer several benefits to landlords and property managers. Here are a few of the more important reasons why you would want to use them. Reach a Larger Audience Rental listing websites attract a vast audience of potential renters, often numbering in the millions. This extensive exposure significantly increases the reach of your rental listing compared to relying solely on word-of-mouth or local newspapers. Tenant Screening Rental listing sites allow landlords to do tenant screening by requiring rental applicants to provide relevant information. This process helps landlords gain a better understanding of the tenant and weed out unqualified renters. Make sure to use the best background check for landlords to vet your tenants properly. Saves Time and Cash By posting your rental property on a rental listing site, you don’t have to worry about advertising it in other ways. This can save you time and your hard-earned cash. Stay Organized Rental listing websites often have tools that allow you to keep track of the properties you own and manage, as well as information about tenants. This can help landlords stay organized and avoid mistakes. Free Rental Listings It is free to list properties through the online platforms of many rental listing companies, making it a quick and easy process for landlords to find many prospective clients for their vacant units. Direct Access Listing sites also allow the landlords and tenants to communicate directly with each other, making it an easy process for both parties. This can save a lot of time in the process and make it more efficient. No Agents or Brokers If you use a rental listing, you don’t have to pay agents or brokers negotiating fees or commissions to find a tenant. This means you get to keep more money in your pocket. Property Management Tools Some listing sites also offer tools to help landlords and rental managers keep track of their properties. For example, Zillow Rental Manager allows you to store information about your tenants, generate lease agreements, and automate rent collection. Fraud is Prevented It’s tough to fill vacancies if fraud is involved. Luckily, rental listing websites can prevent fraud by verifying the information landlords list for their properties. This option is better for tenants since they don’t have to search through the newspaper for a place to rent. It’s also better for landlords because they often don’t have to pay every week to list their properties. Correct Audience Landlords experience a 49% turnover rate in their rental properties. As a result, they and their property managers are often motivated to fill vacancies with qualified tenants as soon as possible to offset losses. Posting high-resolution photos of rental units on rental listing websites can attract the correct audience, including those who are looking for a place to rent immediately. Advanced Search Options Rental listing websites often have advanced search options that allow prospective renters to filter their results by things like the number of bedrooms, bathrooms, and price. This makes it easier for potential tenants to find the rental property they want. How to Choose the Best Website for Your Rental Listings Not all rental listing websites are created equal. Here are a few things to keep in mind when choosing the best website for your rental listings: Size of the Website: The size of the website is often an important consideration. Type of Site: You should also consider what type of site the website is. Some websites are only for rentals, while others are for both sales and rentals. For instance, if it’s a vacation rental listing, property owners should research and find a vacation rental site where they can get a larger audience with good traffic for their vacation rentals. Features: The features offered by the website should also be considered. For example, some websites offer tools to help landlords manage their properties, while others allow renters to filter their results by price and number of bedrooms and bathrooms. Ease of Use: The website should be easy to use. It should be simple to post a rental listing and easy for renters to find the information they need. Pricing: Finally, consider the pricing of the website. Some websites charge landlords to post their rental listings, while other rental listing sites do not. How much do rental listing sites cost? That depends on a number of factors, including the listing site, the area, and how badly you want to get your property rented. Some sites offer a la carte features so you can choose what’s important to you, and others offer a variety of packages with standard features. For the most part, the price range can vary greatly. For instance, at Zillow, it’s about $10 a week for every additional listing after the first free one, but with BuyOwner’s no-holds-barred approach to getting your place rented, it’s nearly $350 a month. Then, there are those like AVAIL, where you can be wind up paying a little or a lot, depending on how many rental units you’re listing. How do I list my property to rent? The process of listing your property to rent will vary depending on the rental listing site you choose. Generally, you’ll be asked to provide some basic information about your real estate, such as square footage, number of bedrooms and bathrooms, price range, and amenities. Many rental listing sites also require photos of the real estate or a video tour, and, at the very least, you’ll want to post multiple pictures of your property for people to see as they browse listings. You may also be asked to provide information about the neighborhood, including schools nearby and local attractions. They will also verify your identity and address for security purposes. Once you’ve submitted the information and been notified that your listing is live, it’s usually a waiting game to see if someone bites. Should I list my rental on multiple sites? Yes, and you’ll want to list your real estate on sites that are most relevant to your target renter. For example, if you’re targeting a specific city, list it on rental listing sites for that area. If you’re targeting vacationers, list it on travel-based rental sites. There’s no need to limit yourself to just a few sites—the more, the better. If you’re using property management software, it should automatically list your rental on all these sites for you. Be sure to check with each site before listing and make sure that they allow multiple listings from single users so there are no problems later on down the road. Is Zillow free to list a rental? If you want to list a rental property on Zillow, your first listing is free. After that, you’ll have to pay roughly $10 each week. Is it free to list on rentals.com? No. Their price range starts at the basic plan for $49.99 to a premium plan with extra features and exposure for $84.99. (source was a phone call to rentals.com) Image: Depositphotos This article, "Best Rental Listing Sites for Landlords and Property Managers" was first published on Small Business Trends View the full article

David Ko, CEO of Calm, speaks with Brendan Vaughan about the state of mental health solutions in the workplace. View the full article

This post was written by Alison Green and published on Ask a Manager. A reader writes: My company announced a “biggest loser” weight loss challenge today and immediately my stomach sank. This was sent by the owner/founder of my small civil engineering company (about 40 employees). This is still so fresh for me I don’t even really have the words to express how many ways this is a horrible idea and would love your thoughts. I have the words. And those words begin with: how is this still happening in the year of our lord 2025? It’s incredible that so many workplaces are still oblivious to how very problematic weight loss competitions can be for many people — people with eating disorders, first and foremost, but also anyone who’s trying to have a healthier relationship with food or avoid diet culture, people who need maintain their weight or gain weight (the assumption that everyone should lose weight is really weird), anyone who’s concerned about crash dieting, anyone who does want to lose weight but doesn’t want to engage with their coworkers about how it’s going, or anyone who simply doesn’t consider their diet or their weight to be any of their employer’s business. That’s a lot of people, all told. If your employer wants to encourage employees to make healthy choices, they’re welcome to provide healthy snacks, subsidize gym memberships, and offer excellent health insurance. Creating a contest around crash dieting isn’t the way to do it. Are you up for pushing back about it? Ideally you’d talk to someone with some influence over it (HR might be the right place to start) and point out that experts advise against these competitions because they’re bad for such a wide range of people. View the full article

President Donald Trump said Monday he is banning federal use of paper straws, saying they “don’t work” and don’t last very long. Instead he wants the government to exclusively move to plastic. “It’s a ridiculous situation. We’re going back to plastic straws,” Trump said as he signed an executive order to reverse federal purchasing policies that encourage paper straws and restrict plastic ones. The order directs federal agencies to stop buying paper straws “and otherwise ensure that paper straws are no longer provided within agency buildings.” The move by Trump — who has long railed against paper straws, and whose 2019 reelection campaign sold Trump-branded reusable plastic straws for $15 per pack of 10 — targets a Biden administration policy to phase out federal purchases of single-use plastics, including straws, from food service operations, events and packaging by 2027, and from all federal operations by 2035. Trump declared President Joe Biden’s policy “DEAD!” in a social media post over the weekend. While plastic straws have been blamed for polluting oceans and harming marine life, Trump said Monday that he thinks “it’s OK” to continue using them. “I don’t think that plastic is going to affect the shark very much as they’re eating, as they’re munching their way through the ocean,” he said at a White House announcement. Several U.S. states and cities have banned plastic straws, and some restaurants no longer automatically give them to customers. But plastic straws are only a small part of the problem. The environment is littered with single-use plastic food and beverage containers — water bottles, takeout containers, coffee lids, shopping bags and more. Around the world, the equivalent of one garbage truck of plastic enters the ocean every minute from a range of sources, including plastic bags, toothbrushes, bottles, food packaging and more, experts say. As those materials break down in the environment, microplastics are turning up in the stomachs of fish, birds and other animals, as well as in human blood and tissue. And plastic manufacturing releases planet-warming greenhouse gases and other dangerous pollutants. More than 90% of plastic products are derived from fossil fuels such as oil and natural gas, and millions of tons of plastic waste enter the world’s oceans every year. Many multinational companies have moved away from plastic straws and have made reducing plastic use across their operations central to their sustainability goals, making Trump’s decision an outlier in the business world. Trump’s order is “more about messaging than finding solutions,” said Christy Leavitt, plastics campaign director for the environmental group Oceana, noting that most U.S. voters support requiring companies to reduce single-use plastic packaging and foodware. “President Trump is moving in the wrong direction on single-use plastics,” Leavitt said. “The world is facing a plastic pollution crisis, and we can no longer ignore one of the biggest environmental threats facing our oceans and our planet today.” The plastic manufacturing industry applauded Trump’s move. “Straws are just the beginning,” Matt Seaholm, president and CEO of the Plastics Industry Association, said in a statement. “‘Back to Plastic’ is a movement we should all get behind.” More than 390 million straws are used every day in the United States, mostly for 30 minutes or less, according to advocacy group Straws Turtle Island Restoration Network. Straws take at least 200 years to decompose and pose a threat to turtles and other wildlife as they degrade into microplastics, the group says. “To prevent another sea turtle from becoming a victim to plastic, we must make personal lifestyle alterations to fight for these species,” the group said in a statement. Every year, the world produces more than 400 million tons of new plastic. About 40% of all plastics are used in packaging, according to the United Nations. Globally, nations are creating a treaty to address plastic pollution. Leaders met for a week in South Korea late last year but didn’t reach an agreement. Talks resume this year as more than 100 countries pursue a pact that limits plastic production as well as tackles cleanup and recycling. The U.S., China and Germany are the biggest players in the global plastics trade. U.S. manufacturers have asked Trump to remain at the negotiating table, and to revert to Biden’s previous position that focused on redesigning plastic products, recycling and reuse. White House staff secretary Will Scharf, who presented the executive order to Trump, told him the push for paper straws has cost the government and private industry “an absolute ton of money and left consumers all over the country wildly dissatisfied with their straws. It really is something that affects ordinary Americans in their everyday lives.” Associated Press writer Jennifer McDermott in Providence, Rhode Island, contributed to this story. —Matthew Daly, Associated Press View the full article

Wall Street bank is latest major US company to roll back DEI initiative View the full article

It happens way too often. You install a new, interesting app. The app asks you to grant it permission to your photo library, and you end up granting it full access. That is, after all, the most convenient option. Doing this for a trusted, popular app like Instagram or Slack is fine, useful even. But not all apps are built the same. In fact, researchers have recently found photo-scanning malware apps on the App Store. Yes, malware has started to make its way from Android to the iPhone. Dubbed SparkCat, this is a kind of malware framework that runs in the background, running OCR on all your photos in hopes of finding credentials to your crypto account. But any app that has access to your entire photo library can, theoretically, access text inside photos, like your credit card details, or your IDs (though you should never keep unprotected photos of important documents in your Camera Roll). In light of this news, and as a way to make sure that unnecessary or smaller apps aren't accessing all your photos, you should take some time to audit which apps have complete photos access, and revoke apps that don't really need it. Revoke photo access for iPhone appsOpen the Settings app and go to Privacy & Security. Then, choose the Photos app and go through all the apps that have access to its photos. Here, you'll see the access level for each app. Choose an app that you want to revoke permissions for and switch to None or Limited Access. When you choose Limited Access, you'll be prompted to select the photos that you do want to provide access to, rather than giving it blanket access to your whole library. Repeat for any apps you want to change permissions for, then tap Done. Credit: Khamosh Pathak If you gave an app Limited Access and attempt to access your photo library with it, your iPhone will ask you if you want to keep the current selection, or add more photos. You can choose the Select More Photos option to add more recent photos to the mix. Credit: Khamosh Pathak You can also always revise an app's photo permissions at any time from Privacy & Security > Photos > App > Done. And while you're already in your Privacy & Security settings, it might also be worth enabling the new Private Access feature that can help you automatically remove location data when you upload or share photos to the selected app. View the full article

A former Biden official called the bureau protection against another housing crisis. The current White House calls it a "weaponized arm of the bureaucracy." View the full article

It has been a tumultuous few weeks since Donald Trump took office for the second time as president of the United States, While Trump has garnered headlines for his outlandish executive orders aimed at recasting the country in his own shape, Elon Musk, the tech billionaire turned government quango-buster as the head of the Department of Government Efficiency (DOGE), has been no less busy. Musk and a small group of staff working under him have been traveling between government departments, demanding access to data they hold with the purported goal of making government operations more efficient. Serious questions—including by the U.S. Treasury itself—have been raised about whether that’s the case, with Musk and his team running roughshod over government and data access norms. (That those barriers exist, Musk and his team have argued on social media, is exactly why they need access to details of how the government works.) The immediate impact is already being felt. And plenty of alarms are being raised. But it’s not just the here and now that millions of Americans need to consider when thinking about their data integrity. The shockwaves of Musk’s shock and awe approach to accessing government data will continue for decades to come. “What we know from Musk’s model of what he did to Twitter—which, unfortunately, seems to be the model for what he’s doing with sort of orders of magnitude more complex and sensitive government systems—is really not reassuring,” says Ian Brown, a visiting professor at the Getulio Vargas Foundation Law School in Rio de Janeiro. (DOGE did not respond to Fast Company‘s request for comment.) Reports indicate that DOGE has already been granted access to highly sensitive personal information across a number of federal agencies. That sensitive data includes information such as a person’s social security number (SSNs), family income, and tax records. “It is hard to overstate how devastating any leakage of information of this level of sensitivity would be because it is high-value data to identity thieves, deeply personal, and difficult to fix as this type of information is intended to stick with you for a long time,” says Elizabeth Laird, director of equity in civic technology at the Center for Democracy and Technology, a U.S. non-profit. (SSNs are appended to you for your entire life—meaning that any breach of them could have a long-term impact.) “What Musk is reportedly doing is not just to say, ‘In order to modernize these U.S. government federal processes, we’re going to take significant parts of the data and do new things with it,’” says Brown. “He’s saying, ‘We’re going to just completely bypass all those controls, take the data wholesale out of the protected government environments, and import it into environments DOGE is running— with who knows what security and privacy controls, who knows what technical limits on what is done with that data, who gets access to it.’” There doesn’t have to be an actual breach of that data in order to have an impact on users, Laird reckons. “Just knowing that this information has been shared without your consent can inflict distress and can lead to life-impacting harms like identity theft,” she says. Ideally, the best way to mitigate the risk of a data breach would be to not collect or share that data in the first place, Laird says. “The second best thing to do is to place strict safeguards on its handling and sharing,” she adds. “Unfortunately, the public, including individuals whose data is being shared, is left in the dark about what is being done to protect them in the face of these increased security risks.” Anupam Chander, a law professor at Georgetown University, feels these concerns on a personal level. “When I filed my tax return electronically last year, I didn’t think that my data might possibly end up in the hands of people poring through files with a political agenda,” he says. “One hopes our private data is not sitting unencrypted on a 19-year-old’s laptop somewhere.” View the full article

Cryptocurrencies are rapidly changing the way we do business online. These digital currencies are driving significant changes in the trading of digital assets, physical products, and services. One of the key benefits of cryptocurrencies is their enhanced ease, security, and privacy compared to traditional currencies. If you’re an entrepreneur or a business leader exploring cryptocurrency, researching Bitcoin wallets and their role in cryptocurrency trading is key. This article will guide you in selecting the ideal cryptocurrency wallet. When finished reading, you’ll be equipped to make informed choices that align with your business objectives in the dynamic world of digital currencies. Here’s a word from Cryptocurrency Casey on how these wallets work: What is a Cryptocurrency Wallet? As the influence of cryptocurrency expands in the digital economy, an increasing number of individuals and businesses are exploring effective ways to manage their cryptocurrency holdings. A crucial aspect of this management is the secure storage of cryptocurrencies and the protection of digital assets, where a cryptocurrency wallet plays a pivotal role. It’s not just a secure repository for your cryptocurrencies but also serves as a medium for sending or receiving them and a gateway to fund purchases of crypto apps and services. Understanding the functionalities and benefits of the best cryptocurrency wallets is essential for efficient trading and asset management, especially if you’re venturing into the realm of cryptocurrency. What exactly is a cryptocurrency wallet, then? In essence, crypto wallets are tools that keep your private keys – a randomly generated string of alphanumeric characters that function like your bank PIN. For instance, a Bitcoin wallet not only stores your digital Bitcoin but also validates your transactions when using Bitcoin. These wallets grant you access to your cryptocurrencies and other crypto assets, safeguarding them from unauthorized use or third-party alterations. They come in various forms, including paper wallets, soft wallets, and hard wallets. Central to a wallet’s functionality is the private key, which is crucial for validating Bitcoin transactions and ensuring the security and integrity of your digital assets. Selecting the Best Cryptocurrency Wallet: A Guide for Small Business Owners and Entrepreneurs To help our readers choose the best cryptocurrency wallet that provides security, convenience, and functionality, we utilize the following criteria. These criteria are rated on a scale from 1 to 10, with 10 representing the highest importance and 1 the lowest. Security Features Importance Scale: 10/10 Rationale: The most crucial aspect of a cryptocurrency wallet is its security features, including encryption, two-factor authentication, and backup options. User Interface and Ease of Use Importance Scale: 8/10 Rationale: A user-friendly interface is important for both beginners and experienced users to navigate and manage their assets effectively. Support for Multiple Cryptocurrencies Importance Scale: 8/10 Rationale: Wallets that support a wide range of cryptocurrencies provide users with more flexibility and convenience. Backup and Restoration Capabilities Importance Scale: 9/10 Rationale: Reliable backup and restoration features are essential for safeguarding assets against device loss or failure. Control Over Private Keys Importance Scale: 9/10 Rationale: Wallets that give users full control over their private keys enhance security and autonomy. Compatibility and Integration Importance Scale: 7/10 Rationale: The wallet’s convenience is enhanced by its compatibility with multiple operating systems and its integration with various apps and services. Anonymity and Privacy Importance Scale: 7/10 Rationale: Features that enhance user anonymity and privacy are important for many users in the cryptocurrency space. Customer Support Importance Scale: 6/10 Rationale: Responsive customer support is vital for addressing technical issues and providing guidance. Costs and Fees Importance Scale: 7/10 Rationale: The cost structure, including any transaction fees associated with the wallet, should be transparent and reasonable. Community and Industry Reputation Importance Scale: 7/10 Rationale: A strong reputation within the community and industry indicates reliability and trustworthiness. By applying these criteria, we aim to provide a comprehensive guide to our readers for choosing cryptocurrency wallets that not only ensure the security of their digital assets but also offer ease of use and robust features. What to Look for in a Bitcoin Wallet Before settling on one particular Bitcoin wallet, look for a crypto wallet that has the following features: Offer Security: your digital wallet app should help prevent data losses and tampering from taking place. Your crypto wallet app should require you to unlock it every time you want to use it some great Bitcoin wallets come with facial or fingerprint recognition, making it easy to access your digital assets. Backup Features: The best cryptocurrency wallet should provide a reliable backup mechanism. Choose a digital wallet that includes a backup process featuring a recovery link, a password, and several passphrases to restore your access and get everything functioning again. Handles multiple cryptocurrencies: Look for a digital wallet that allows you to work with different cryptocurrencies under one roof. A good digital wallet will help you convert one cryptocurrency into another. This will help in simplify your cryptocurrency and digital assets trading. Though many digital wallets in the market can accommodate multiple cryptocurrencies, be aware of some wallets that accommodate just one cryptocurrency. For trading insights check out our articles on how to buy cryptocurrency and how to sell cryptocurrency. Ease of use: If you are new to cryptocurrency and digital trading look for a wallet that allows for easy management of your account and comes with easy-to-use features that are beginner-friendly. Types of Crypto Wallets When it comes to cryptocurrency, there is a diverse range of wallet types available, each tailored to cater to various needs and preferences. Understanding these options is crucial for selecting a wallet that aligns with your specific security and usability requirements. Here’s an overview of the common types of crypto wallets: Cold Wallet: Cold wallets are physical, often resembling USB drives, and are used for storing cryptocurrencies like Bitcoin offline. They’re ideal for long-term storage, offering enhanced security since they don’t connect to the internet. When connected to a computer or mobile device, they allow for buying, selling, and trading, providing robust protection against online hacking attempts. Hardware Wallet: Like cold wallets, hardware wallets are tangible devices designed to keep private keys offline. These devices resemble thumb drives and are considered one of the safest ways to store cryptocurrencies, thanks to their built-in encryption for enhanced security. Their physical form makes them less vulnerable to online threats, making them a popular option for significant crypto holdings. Paper Wallet: Paper wallets consist of physical paper that has your private and public keys printed, sometimes with scannable barcodes or QR codes. They act as an offline wallet and are completely detached from the internet, offering a high level of security. However, they require careful handling as physical damage or loss can result in losing access to your assets. Hot Wallet: Hot wallets are digital and always connected to the internet. They’re typically used for daily transactions and are more convenient for frequent access. These wallets include desktop and mobile versions, each with its own set of features and security measures. Additionally, there are: Desktop Wallet: Software wallets installed on PCs or laptops, desktop wallets can only be accessed from the computer where they were installed. They offer a reasonable level of security but are susceptible to risks like viruses or hacking if the computer is compromised. Mobile Wallet: Mobile wallets are apps on smartphones that facilitate on-the-go cryptocurrency transactions. They’re convenient for daily use, but it’s crucial to back up your private keys externally for added security. Their portable nature makes them popular among users who transact with cryptocurrencies regularly. Web Wallet: These wallets function in the cloud and can be accessed from multiple devices, such as PCs and smartphones. While they provide convenience and easy access, they store your private keys online, typically managed by a third party, which can heighten the risk of hacking and theft. Each type of wallet has its unique advantages and considerations, so it’s essential to select the one that best meets your individual needs and the security level you require for your cryptocurrency transactions. List of Cryptocurrency Wallets Whether you choose a hardware wallet or a soft wallet, here are some of the best cryptocurrency wallet options available to safely store your currency. There are several types of cryptocurrency wallets in the market, each with its own pros and cons. Below are our picks for the best bitcoin wallets: Trezor Wallet Trezor wallets, which are open-source crypto wallets, support over 1,600 cryptocurrencies including Bitcoin, Ethereum, Binance coin, Tether, Dogecoin, and more in their cold storage. These wallets connect to desktops via USB, enabling users to utilize them as offline cold storage. This feature allows for signing transactions without the need for an internet connection, enhancing security and anonymity. Back by strong security measures that include PIN codes and passphrases your crypto coins are secured and accessible around the clock. Ledger Nano X With a strong reputation across the industry, Ledger Nano X is widely considered the best hardware wallet that lets users buy and exchange cryptocurrencies. Combined with the Ledger Live app it offers feature-rich apps for mobile and desktop. Besides supporting Bitcoin, Ledger wallets are touted to support over 1,800 digital coins and tokens. In terms of security, the Ledger Nano comes with a Secure Element chip which is fashioned after technology used in high-end security solutions such as credit cards and passports. Exodus Wallet Exodus’ Wallet allows users to securely, manage, and exchange cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Monero (XMR), Litecoin (LTC), and more. You can use it to track your cryptocurrency portfolio and its performance over time with its intuitive charts that update in real time so that you can keep up with the fast-moving market. With it, users can buy and sell one digital asset for another without having to go through centralized exchanges. When it comes to security it encrypts your Bitcoin private keys and transaction data on your device so that no one else can access your cryptocurrency. Users also have the option to enable Face or Touch ID to further secure their wallets. Metamask Metamask is one of the most popular cryptocurrency wallets in the market today with over 21 million users, thanks to a strong industry reputation. Considered best for mobile wallet it comes with a browser extension and as a mobile app while offering you a key vault, secure login feature, token wallet, and token exchange options to manage your digital assets. If you are looking to swap currencies to buy an NFT, Metamask comes with a built-in swap feature and even lets users limit how much they pay in gas fees. Coinbase Wallet Coinbase wallet is a digital wallet developed by the people behind the Coinbase cryptocurrency exchange. With this wallet you can store all of your crypto and NFTs in one place; participate in airdrops and initial coin offering (ICO); shop at stores that accept cryptocurrency, and send crypto to anyone. It has an easy-to-use interface, especially for those who already use the Coinbase exchange. Trust Wallet Trust Wallet is an open-source, decentralized, mobile crypto wallet that supports all forms of digital assets and blockchains. This free-to-use app does not earn anything when users use it and all the gas charges accrued are paid to the validators or miners. Thanks to its user-friendly features it has seen over 25 million users Mycelium Mycelium is another popular crypto wallet for mobile users as it gives users more control over transaction fees and integrates with hardware wallets, with a big focus on Bitcoin. It is considered among the best Bitcoin wallet options for Android and iOS users, with widely positive reviews and industry support. It comes with features that allow users to set custom transaction fees and offers hardware wallet support. It also allows users to hold their Bitcoin in an offline storage device while still using Mycelium’s user interface to see their holdings. Electrum The Electrum Bitcoin Wallet is an open-source wallet and offers custom transaction fees that allow users to adjust their fees. In addition, it can integrate with hardware wallets such as KeepKey, Ledger, and Trezor to help with cold storage purposes. This wallet also offers some of the best security features available in the market. This table provides a quick overview of various cryptocurrency wallets, highlighting their types, supported cryptocurrencies, connectivity options, security features, and special features.? Table: Comparison of Top Cryptocurrency Wallets This table provides a quick overview of various cryptocurrency wallets, highlighting their types, supported cryptocurrencies, connectivity options, security features, and special features.? WalletTypeSupported CryptocurrenciesConnectivitySecurity FeaturesSpecial Features Trezor WalletHardwareOver 1,600 (incl. Bitcoin, Ethereum, Binance coin, Tether, Dogecoin)USB (Desktop)PIN codes, passphrases, offline cold storageOffline cold storage, transaction signing Ledger Nano XHardwareOver 1,800 digital coins and tokensUSB (Mobile and Desktop)Secure Element chip, Ledger Live appBuy and exchange cryptocurrencies, Ledger Live app Exodus WalletSoftwareBitcoin, Ethereum, Ripple, Monero, Litecoin, and moreN/AEncrypted private keys, transaction data, Face/Touch IDCryptocurrency portfolio tracking, real-time charts MetamaskSoftwareVarious (best for Ethereum and ERC-20 tokens)Browser extension, Mobile appKey vault, secure login, token exchangeBuilt-in swap feature, gas fee customization Coinbase WalletSoftwareVarious (incl. crypto and NFTs)Mobile appN/AStore crypto and NFTs, participate in ICOs Trust WalletSoftwareAll forms of digital assets and blockchainsMobile appOpen-source, decentralizedUser-friendly, free-to-use MyceliumSoftwareFocus on Bitcoin, supports other cryptocurrenciesMobile appCustom transaction fees, hardware wallet supportControl over transaction fees, offline storage ElectrumSoftwarePrimarily Bitcoin, supports other cryptocurrenciesN/ACustom transaction fees, hardware wallet integrationCustom transaction fees, high security What is the best cryptocurrency wallet? Considered the best crypto wallet in the market, Trezor comes with backup and regular features, great customer support, regular firmware updates, and works with various cryptocurrencies. What is the safest crypto wallet? Cold storage wallets are considered the best option in terms of security. For example, the Ledger Nano X is equipped with a Secure Element chip that is fashioned after technology used in high-end security solutions such as credit cards and passports. Do you need a cryptocurrency wallet? If you want to invest in cryptocurrency, it is best to invest in a crypto wallet as it offers you more control over your investments. You do, however, have the option to use brokerages such as Robinhood to facilitate selling and buying Bitcoin or payment services such as PayPal, though these services offer limited selections of crypto coins and trading tools. Meanwhile, when trading in cryptocurrencies, make sure you abide by state and federal tax regulations. For additional insights check out our article on do you have to pay taxes on cryptocurrency. Additionally, you can find a great selection of cryptocurrency exchanges check out our article on the best cryptocurrency apps. Is there a wallet that holds all cryptocurrency? With the continuous rolling out of cryptocurrencies into the market, each comes with its own protocols and case uses; as such, there is no universal cryptocurrency wallet. As such, there are several multi-cryptocurrency wallets in the market that can accommodate popular cryptocurrencies these include Ledger, Coinomi, Trezor, Freewallet, and Exodus. How do you create a cryptocurrency wallet? You can create a cryptocurrency wallet within a few minutes by following these simple rules: Download a wallet app based on particular requirements and needs. Create your account by following the signup instructions Record and secure your recovery phrase. Some wallet apps may allow you to add an extra layer of security, such as facial recognition or creating a passcode. Purchase and deposit some cryptocurrency into your wallet. Lastly, you can start sending, receiving, or trading cryptocurrencies when ready. Image: Depositphotos This article, "Best Cryptocurrency Wallet Options for Secure Transactions" was first published on Small Business Trends View the full article

Cryptocurrencies are rapidly changing the way we do business online. These digital currencies are driving significant changes in the trading of digital assets, physical products, and services. One of the key benefits of cryptocurrencies is their enhanced ease, security, and privacy compared to traditional currencies. If you’re an entrepreneur or a business leader exploring cryptocurrency, researching Bitcoin wallets and their role in cryptocurrency trading is key. This article will guide you in selecting the ideal cryptocurrency wallet. When finished reading, you’ll be equipped to make informed choices that align with your business objectives in the dynamic world of digital currencies. Here’s a word from Cryptocurrency Casey on how these wallets work: What is a Cryptocurrency Wallet? As the influence of cryptocurrency expands in the digital economy, an increasing number of individuals and businesses are exploring effective ways to manage their cryptocurrency holdings. A crucial aspect of this management is the secure storage of cryptocurrencies and the protection of digital assets, where a cryptocurrency wallet plays a pivotal role. It’s not just a secure repository for your cryptocurrencies but also serves as a medium for sending or receiving them and a gateway to fund purchases of crypto apps and services. Understanding the functionalities and benefits of the best cryptocurrency wallets is essential for efficient trading and asset management, especially if you’re venturing into the realm of cryptocurrency. What exactly is a cryptocurrency wallet, then? In essence, crypto wallets are tools that keep your private keys – a randomly generated string of alphanumeric characters that function like your bank PIN. For instance, a Bitcoin wallet not only stores your digital Bitcoin but also validates your transactions when using Bitcoin. These wallets grant you access to your cryptocurrencies and other crypto assets, safeguarding them from unauthorized use or third-party alterations. They come in various forms, including paper wallets, soft wallets, and hard wallets. Central to a wallet’s functionality is the private key, which is crucial for validating Bitcoin transactions and ensuring the security and integrity of your digital assets. Selecting the Best Cryptocurrency Wallet: A Guide for Small Business Owners and Entrepreneurs To help our readers choose the best cryptocurrency wallet that provides security, convenience, and functionality, we utilize the following criteria. These criteria are rated on a scale from 1 to 10, with 10 representing the highest importance and 1 the lowest. Security Features Importance Scale: 10/10 Rationale: The most crucial aspect of a cryptocurrency wallet is its security features, including encryption, two-factor authentication, and backup options. User Interface and Ease of Use Importance Scale: 8/10 Rationale: A user-friendly interface is important for both beginners and experienced users to navigate and manage their assets effectively. Support for Multiple Cryptocurrencies Importance Scale: 8/10 Rationale: Wallets that support a wide range of cryptocurrencies provide users with more flexibility and convenience. Backup and Restoration Capabilities Importance Scale: 9/10 Rationale: Reliable backup and restoration features are essential for safeguarding assets against device loss or failure. Control Over Private Keys Importance Scale: 9/10 Rationale: Wallets that give users full control over their private keys enhance security and autonomy. Compatibility and Integration Importance Scale: 7/10 Rationale: The wallet’s convenience is enhanced by its compatibility with multiple operating systems and its integration with various apps and services. Anonymity and Privacy Importance Scale: 7/10 Rationale: Features that enhance user anonymity and privacy are important for many users in the cryptocurrency space. Customer Support Importance Scale: 6/10 Rationale: Responsive customer support is vital for addressing technical issues and providing guidance. Costs and Fees Importance Scale: 7/10 Rationale: The cost structure, including any transaction fees associated with the wallet, should be transparent and reasonable. Community and Industry Reputation Importance Scale: 7/10 Rationale: A strong reputation within the community and industry indicates reliability and trustworthiness. By applying these criteria, we aim to provide a comprehensive guide to our readers for choosing cryptocurrency wallets that not only ensure the security of their digital assets but also offer ease of use and robust features. What to Look for in a Bitcoin Wallet Before settling on one particular Bitcoin wallet, look for a crypto wallet that has the following features: Offer Security: your digital wallet app should help prevent data losses and tampering from taking place. Your crypto wallet app should require you to unlock it every time you want to use it some great Bitcoin wallets come with facial or fingerprint recognition, making it easy to access your digital assets. Backup Features: The best cryptocurrency wallet should provide a reliable backup mechanism. Choose a digital wallet that includes a backup process featuring a recovery link, a password, and several passphrases to restore your access and get everything functioning again. Handles multiple cryptocurrencies: Look for a digital wallet that allows you to work with different cryptocurrencies under one roof. A good digital wallet will help you convert one cryptocurrency into another. This will help in simplify your cryptocurrency and digital assets trading. Though many digital wallets in the market can accommodate multiple cryptocurrencies, be aware of some wallets that accommodate just one cryptocurrency. For trading insights check out our articles on how to buy cryptocurrency and how to sell cryptocurrency. Ease of use: If you are new to cryptocurrency and digital trading look for a wallet that allows for easy management of your account and comes with easy-to-use features that are beginner-friendly. Types of Crypto Wallets When it comes to cryptocurrency, there is a diverse range of wallet types available, each tailored to cater to various needs and preferences. Understanding these options is crucial for selecting a wallet that aligns with your specific security and usability requirements. Here’s an overview of the common types of crypto wallets: Cold Wallet: Cold wallets are physical, often resembling USB drives, and are used for storing cryptocurrencies like Bitcoin offline. They’re ideal for long-term storage, offering enhanced security since they don’t connect to the internet. When connected to a computer or mobile device, they allow for buying, selling, and trading, providing robust protection against online hacking attempts. Hardware Wallet: Like cold wallets, hardware wallets are tangible devices designed to keep private keys offline. These devices resemble thumb drives and are considered one of the safest ways to store cryptocurrencies, thanks to their built-in encryption for enhanced security. Their physical form makes them less vulnerable to online threats, making them a popular option for significant crypto holdings. Paper Wallet: Paper wallets consist of physical paper that has your private and public keys printed, sometimes with scannable barcodes or QR codes. They act as an offline wallet and are completely detached from the internet, offering a high level of security. However, they require careful handling as physical damage or loss can result in losing access to your assets. Hot Wallet: Hot wallets are digital and always connected to the internet. They’re typically used for daily transactions and are more convenient for frequent access. These wallets include desktop and mobile versions, each with its own set of features and security measures. Additionally, there are: Desktop Wallet: Software wallets installed on PCs or laptops, desktop wallets can only be accessed from the computer where they were installed. They offer a reasonable level of security but are susceptible to risks like viruses or hacking if the computer is compromised. Mobile Wallet: Mobile wallets are apps on smartphones that facilitate on-the-go cryptocurrency transactions. They’re convenient for daily use, but it’s crucial to back up your private keys externally for added security. Their portable nature makes them popular among users who transact with cryptocurrencies regularly. Web Wallet: These wallets function in the cloud and can be accessed from multiple devices, such as PCs and smartphones. While they provide convenience and easy access, they store your private keys online, typically managed by a third party, which can heighten the risk of hacking and theft. Each type of wallet has its unique advantages and considerations, so it’s essential to select the one that best meets your individual needs and the security level you require for your cryptocurrency transactions. List of Cryptocurrency Wallets Whether you choose a hardware wallet or a soft wallet, here are some of the best cryptocurrency wallet options available to safely store your currency. There are several types of cryptocurrency wallets in the market, each with its own pros and cons. Below are our picks for the best bitcoin wallets: Trezor Wallet Trezor wallets, which are open-source crypto wallets, support over 1,600 cryptocurrencies including Bitcoin, Ethereum, Binance coin, Tether, Dogecoin, and more in their cold storage. These wallets connect to desktops via USB, enabling users to utilize them as offline cold storage. This feature allows for signing transactions without the need for an internet connection, enhancing security and anonymity. Back by strong security measures that include PIN codes and passphrases your crypto coins are secured and accessible around the clock. Ledger Nano X With a strong reputation across the industry, Ledger Nano X is widely considered the best hardware wallet that lets users buy and exchange cryptocurrencies. Combined with the Ledger Live app it offers feature-rich apps for mobile and desktop. Besides supporting Bitcoin, Ledger wallets are touted to support over 1,800 digital coins and tokens. In terms of security, the Ledger Nano comes with a Secure Element chip which is fashioned after technology used in high-end security solutions such as credit cards and passports. Exodus Wallet Exodus’ Wallet allows users to securely, manage, and exchange cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Monero (XMR), Litecoin (LTC), and more. You can use it to track your cryptocurrency portfolio and its performance over time with its intuitive charts that update in real time so that you can keep up with the fast-moving market. With it, users can buy and sell one digital asset for another without having to go through centralized exchanges. When it comes to security it encrypts your Bitcoin private keys and transaction data on your device so that no one else can access your cryptocurrency. Users also have the option to enable Face or Touch ID to further secure their wallets. Metamask Metamask is one of the most popular cryptocurrency wallets in the market today with over 21 million users, thanks to a strong industry reputation. Considered best for mobile wallet it comes with a browser extension and as a mobile app while offering you a key vault, secure login feature, token wallet, and token exchange options to manage your digital assets. If you are looking to swap currencies to buy an NFT, Metamask comes with a built-in swap feature and even lets users limit how much they pay in gas fees. Coinbase Wallet Coinbase wallet is a digital wallet developed by the people behind the Coinbase cryptocurrency exchange. With this wallet you can store all of your crypto and NFTs in one place; participate in airdrops and initial coin offering (ICO); shop at stores that accept cryptocurrency, and send crypto to anyone. It has an easy-to-use interface, especially for those who already use the Coinbase exchange. Trust Wallet Trust Wallet is an open-source, decentralized, mobile crypto wallet that supports all forms of digital assets and blockchains. This free-to-use app does not earn anything when users use it and all the gas charges accrued are paid to the validators or miners. Thanks to its user-friendly features it has seen over 25 million users Mycelium Mycelium is another popular crypto wallet for mobile users as it gives users more control over transaction fees and integrates with hardware wallets, with a big focus on Bitcoin. It is considered among the best Bitcoin wallet options for Android and iOS users, with widely positive reviews and industry support. It comes with features that allow users to set custom transaction fees and offers hardware wallet support. It also allows users to hold their Bitcoin in an offline storage device while still using Mycelium’s user interface to see their holdings. Electrum The Electrum Bitcoin Wallet is an open-source wallet and offers custom transaction fees that allow users to adjust their fees. In addition, it can integrate with hardware wallets such as KeepKey, Ledger, and Trezor to help with cold storage purposes. This wallet also offers some of the best security features available in the market. This table provides a quick overview of various cryptocurrency wallets, highlighting their types, supported cryptocurrencies, connectivity options, security features, and special features.? Table: Comparison of Top Cryptocurrency Wallets This table provides a quick overview of various cryptocurrency wallets, highlighting their types, supported cryptocurrencies, connectivity options, security features, and special features.? WalletTypeSupported CryptocurrenciesConnectivitySecurity FeaturesSpecial Features Trezor WalletHardwareOver 1,600 (incl. Bitcoin, Ethereum, Binance coin, Tether, Dogecoin)USB (Desktop)PIN codes, passphrases, offline cold storageOffline cold storage, transaction signing Ledger Nano XHardwareOver 1,800 digital coins and tokensUSB (Mobile and Desktop)Secure Element chip, Ledger Live appBuy and exchange cryptocurrencies, Ledger Live app Exodus WalletSoftwareBitcoin, Ethereum, Ripple, Monero, Litecoin, and moreN/AEncrypted private keys, transaction data, Face/Touch IDCryptocurrency portfolio tracking, real-time charts MetamaskSoftwareVarious (best for Ethereum and ERC-20 tokens)Browser extension, Mobile appKey vault, secure login, token exchangeBuilt-in swap feature, gas fee customization Coinbase WalletSoftwareVarious (incl. crypto and NFTs)Mobile appN/AStore crypto and NFTs, participate in ICOs Trust WalletSoftwareAll forms of digital assets and blockchainsMobile appOpen-source, decentralizedUser-friendly, free-to-use MyceliumSoftwareFocus on Bitcoin, supports other cryptocurrenciesMobile appCustom transaction fees, hardware wallet supportControl over transaction fees, offline storage ElectrumSoftwarePrimarily Bitcoin, supports other cryptocurrenciesN/ACustom transaction fees, hardware wallet integrationCustom transaction fees, high security What is the best cryptocurrency wallet? Considered the best crypto wallet in the market, Trezor comes with backup and regular features, great customer support, regular firmware updates, and works with various cryptocurrencies. What is the safest crypto wallet? Cold storage wallets are considered the best option in terms of security. For example, the Ledger Nano X is equipped with a Secure Element chip that is fashioned after technology used in high-end security solutions such as credit cards and passports. Do you need a cryptocurrency wallet? If you want to invest in cryptocurrency, it is best to invest in a crypto wallet as it offers you more control over your investments. You do, however, have the option to use brokerages such as Robinhood to facilitate selling and buying Bitcoin or payment services such as PayPal, though these services offer limited selections of crypto coins and trading tools. Meanwhile, when trading in cryptocurrencies, make sure you abide by state and federal tax regulations. For additional insights check out our article on do you have to pay taxes on cryptocurrency. Additionally, you can find a great selection of cryptocurrency exchanges check out our article on the best cryptocurrency apps. Is there a wallet that holds all cryptocurrency? With the continuous rolling out of cryptocurrencies into the market, each comes with its own protocols and case uses; as such, there is no universal cryptocurrency wallet. As such, there are several multi-cryptocurrency wallets in the market that can accommodate popular cryptocurrencies these include Ledger, Coinomi, Trezor, Freewallet, and Exodus. How do you create a cryptocurrency wallet? You can create a cryptocurrency wallet within a few minutes by following these simple rules: Download a wallet app based on particular requirements and needs. Create your account by following the signup instructions Record and secure your recovery phrase. Some wallet apps may allow you to add an extra layer of security, such as facial recognition or creating a passcode. Purchase and deposit some cryptocurrency into your wallet. Lastly, you can start sending, receiving, or trading cryptocurrencies when ready. Image: Depositphotos This article, "Best Cryptocurrency Wallet Options for Secure Transactions" was first published on Small Business Trends View the full article

Starting a hotel can be both a thrilling and daunting venture. From boutique havens to franchising giants, this guide sheds light on the myriad pathways and decisions in crafting your dream establishment. Whether you’re seeking to revolutionize guest experiences or pondering how to start a hotel business on a shoestring budget, get on this journey with us as we unveil the essentials of the trade. Understanding the Hotel Industry Before diving into the nuts and bolts of starting a hotel, it’s vital to familiarize oneself with the industry’s landscape. The hospitality world is vast, dynamic, and ever-evolving. Let’s get you acquainted. Current State of the Hospitality Industry Trends: With the rise of technology, many travelers prefer booking their stays online, giving birth to the significance of online travel agencies (OTAs) like Booking.com and Airbnb. Sustainability has also become a key concern, leading to a surge in eco-friendly hotels and practices. The Hotelchamp also provides some additional trends that hoteliers need to keep an eye on: Challenges: While promising, the hotel industry has its hurdles. Seasonal fluctuations can impact revenue, and there’s always stiff competition from other hotels and alternative accommodation options like vacation rentals. Opportunities: The digital age has brought a world of possibilities. Direct bookings through hotel websites, partnership opportunities with local businesses, and experiential packages like wellness retreats or cultural excursions are drawing guests. Many hotels may also serve as a wedding venue. Before starting, consider the different opportunities you may explore so you can include those in your plans. For example, you may research a wedding venue business plan instead of simply writing one for a basic hotel. How Much Does it Cost to Start a Hotel Every entrepreneurial journey starts with understanding the financial landscape. Starting a new hotel is no exception. Costs can vary greatly depending on location, scale, and type. Here’s a range to help you gauge your investment: Low-end Hotels: $60,000 – $500,000 Typically, it includes budget accommodations, smaller guest capacities, and basic amenities. Mid-range Hotels: $1 million – $5 million Offers additional features like pools, restaurants, and larger room capacities. High-end Hotels & Resorts: $10 million – $50 million (or more) Think luxury. Spas, gourmet dining, prime locations, and top-tier services. Converting an Existing Building Repurposing an old building can be a brilliant move. Here’s a breakdown of the costs: Purchase Prices: $100,000 – $5 million. It greatly varies based on location and the building’s size and condition. Renovation Costs: $50,000 to $2 million. This encompasses structural modifications, aesthetic enhancements, and the incorporation of amenities. Compliance with Regulations: $10,000 – $100,000. Ensuring that your building adheres to safety, health, and other local regulations is crucial. Buying a Building to Convert Seeking a building with potential? Keep these in mind: Initial Purchase Prices: $250,000 – $10 million. The price tag is influenced by factors like location, building potential, and market demand. Renovation Costs: Similar to the above, expect to pay between $50,000 and $2 million. Compliance with Regulations: Anticipate spending between $10,000 and $100,000 to meet standards. Buying an Existing Hotel Sometimes, stepping into an already functioning hotel is the best move: Costs: This ranges significantly from $1 million to $100 million based on the hotel’s reputation, location, and profitability. Benefits: Faster start, as the groundwork is already laid. Immediate cash flow. Drawbacks: Potential legacy issues. Less room for personalization. Crafting Your Own Hotel Business Plan Crafting a hotel business plan is more than just paperwork; it’s about mapping out your vision, setting clear goals, and understanding how to achieve them. Here’s how you can create a plan that speaks volumes: ComponentDescription Executive SummaryA snapshot of your hotel's overview, including its mission, vision, and basic details. Business ObjectivesDefine what you aim to achieve in the short-term and long-term. Market AnalysisInsights into the current market, trends, competition, and potential customer segments. Marketing StrategiesTactics to attract guests, from online campaigns to partnerships with travel agencies. Operations PlanDay-to-day management, staffing, and hotel procedures. Financial ProjectionsEstimated earnings, costs, break-even analysis, and profit and loss predictions for the upcoming years. AppendixAny additional data or resources supporting your plan like market research findings, legal documents, or resumes of key team members. Executive Summary: Description: Provide a snapshot of your business. Example: “Sunset Inn is a 30-room hotel in San Diego that strives to offer travelers a combination of luxury and comfort while prioritizing eco-friendly practices.” Market Analysis: Description: Dive deep into the current market scenario. How-To: Conduct surveys to understand what guests value most in a hotel. Study market trends using tools like Google Trends or Statista. Example: “In San Diego, there’s been a 20% rise in eco-conscious travelers in the last two years. Our hotel will appeal to this demographic by ensuring sustainable practices.” Competitive Analysis: Description: Understand your competition. How-To: Visit competitor hotels or their websites. Analyze guest reviews on platforms like TripAdvisor. Example: “Although Beachfront Luxe has sea-view rooms, they lack eco-friendly amenities. Sunset Inn can address this shortcoming.” Marketing & Sales Strategy: Description: Detail how you’ll attract and retain guests. How-To: Engage in social media marketing targeting travel enthusiasts. Collaborate with travel bloggers for reviews. Example: “Launching a ‘Stay 3, Pay for 2’ nights promotion for the first two months.” Financial Projections: Description: A clear picture of expected revenues, expenses, and profit. How-To: Use past financial data if available. Forecast based on market trends and expected occupancy rates. Example: “Predicting an average occupancy rate of 75%, with room rates at $200 per night, we project a gross revenue of $1.6 million.” Operational Plan: Description: Describe day-to-day operations. Example: “Housekeeping will operate on two shifts, ensuring rooms are always clean. The front desk will be manned 24/7 to cater to guest inquiries.” Management & Organization: Description: Detail your team and their roles. Example: “Jane Doe, our general manager, brings ten years of hotel management experience, previously working with The Ritz.” Your business plan serves as your compass. It needs to be clear and detailed, guiding every decision you make in your hotel venture. Keep in mind that the more research and preparation you invest in it, the more confident you will feel with each step you take. Steps to Launching Your New Hotel Business Starting a hotel involves a series of intentional and interconnected steps. Each phase builds upon the previous one, laying the groundwork for the success of your establishment. Here’s your roadmap: Research & Feasibility Study: Before any concrete plans, gauge the feasibility of your hotel idea. Survey your target area, analyze demographics, and assess the competition. Business Plan Development: This step is all about detailed planning, as we covered earlier. A strong business plan acts as your roadmap, outlining your goals, budget, and operational strategies. Location & Property Selection: In the hotel industry, the mantra is ‘Location, Location, Location’. It is crucial to select a site that matches your target market and reflects your brand. Legalities & Licensing: Make sure to address all legal requirements, including obtaining building permits, securing a liquor license, and acquiring zoning permissions. Design & Construction: If building from scratch or renovating, this is where your hotel starts taking shape. Collaborate with architects and interior designers to bring your vision to life. Hiring & Training: A hotel is only as good as its staff. Recruit wisely and invest in their training. Soft Launch: Before the opening, have a trial run. Invite friends or industry partners to experience your hotel and provide feedback. Grand Opening: Roll out the red carpet and make your official debut in the hospitality world! Building a Strong Team for Your New Hotel Its guests’ experiences define a hotel’s success, and your hotel employees craft those experiences. Hiring Process: Prioritize attitude over skills. Skills can be taught, but attitude often can’t. Use role-specific tests or simulations during interviews. Training: Implement an orientation program that instills the hotel’s values, mission, and service standards. Team Building: Organize regular team-building activities to foster camaraderie and morale. Continuous Feedback: Regular performance reviews and feedback sessions help staff grow and address concerns. Empowerment: Empower your employees to make decisions. When they feel ownership, they’re more likely to deliver top-notch service. Hotel Pre-launch Marketing Creating a buzz even before you open your doors is essential. Digital Presence: Launch a user-friendly website with SEO optimization. Also, create engaging profiles on popular social media platforms. Collaborations: Partner with influencers or travel bloggers. A shoutout or a blog post can introduce your hotel to a wide audience. Email Marketing: Gather emails through your website or contests and send newsletters about opening offers, sneak peeks, or behind-the-scenes content. Press Releases: Send out a press release to local newspapers, magazines, and travel sites. Loyalty Programs: Introduce early bird loyalty programs to incentivize bookings. The Grand Opening Your hotel’s opening is more than just a ribbon-cutting ceremony. It sets the stage for future operations and creates a lasting impression. Local Collaboration: Partner with local businesses for mutual promotions. Maybe a wine tasting from a local vineyard? Event Marketing: Host a theme-based event. For instance, how about a beach-themed party if you’re near the coast? Local Celebrities: Invite local influencers or celebrities. Their presence can attract media attention and generate buzz. Guided Tours: Offer guided hotel tours showcasing unique features and rooms. Feedback Collection: Set up feedback stations or provide cards. Initial feedback is golden for improving services swiftly. How to Start a Boutique Hotel The allure of boutique hotels lies in their intimate, unique, and personalized environments. Unlike mainstream hotels, boutique hotels are typically smaller, offer tailored experiences, and often have a distinct personality. Distinguishing Factors: Size: Typically, boutique hotels range from 10 to 100 rooms. Personalized Service: With fewer rooms, staff can offer personalized services. Unique Theme or Style: Boutique hotels often boast distinctive atmospheres, whether it’s an Art Deco design or a literary theme. Unique Challenges: Brand Recognition: Unlike chain hotels, boutique hotels don’t have instant brand recognition, which can be a challenge in attracting initial customers. Economies of Scale: Their smaller size means they might not benefit from bulk purchasing or operational efficiencies that larger hotels do. Opportunities: Niche Market: Consider targeting a specific audience, such as art lovers or environmentally conscious travelers. Local Experiences: Integrate local art, cuisine, and traditions to offer a unique, immersive experience. Exploring Franchising in the Hotel Business Franchising allows you to get a head start. You’re leveraging an established brand’s name, operational methods, and support. Marriott, Hilton, and InterContinental Hotels Group (IHG) all offer popular hotel franchise models. Pros: Brand Recognition: You’ll benefit from immediate brand trust and loyalty. Operational Support: Many franchises offer training, marketing support, and operational guidelines. Supplier Discounts: Bulk purchasing agreements can reduce supplies and services costs. Cons: Initial Franchise Fee: This can be hefty and doesn’t include operational costs. Royalty Payments: A percentage of your gross revenue will typically go to the franchisor. Less Flexibility: You must adhere to the brand’s standards, limiting creativity. How to Start a Hotel Business with No Money Starting a hotel with no money might sound like a dream, but it’s achievable with determination, creativity, and resourcefulness. Crowdfunding: Platforms like Kickstarter and GoFundMe can be used to raise capital by showcasing your unique hotel concept to the public. Vendor Financing: Negotiate with suppliers to provide goods and services upfront with deferred payments. Property Lease: Instead of purchasing, consider leasing a property and converting it into a hotel. Leveraging Partnerships and Investments Partnerships and investments can be the lifeline for aspiring hoteliers with limited capital. Joint Ventures: Partner with someone with the capital or resources you lack. For instance, if you have hotel management expertise but lack funds, find a partner looking for operational expertise. Angel Investors: Individuals who provide capital for a business start-up, usually in exchange for convertible debt or ownership equity. Venture Capitalists: Professional groups that manage pooled funds from many investors to invest in startups. They usually come in when you have a proven business model and want to scale. Strategic Partnerships: Collaborate with travel agencies, local businesses, or even established brands to co-run or promote the hotel. Starting a hotel business, especially with limited capital, requires innovation, tenacity, and smart strategies. Frequently Asked Questions How long do hotel businesses typically take to start? Starting a hotel business can range from 8 months to several years, depending on factors such as property construction or renovation, licensing, and market research. A turnkey operation or purchasing an existing hotel can be quicker while building from scratch is more time-intensive. Additionally, those who already know how to start a business may save time on the paperwork and logistics, while new entrepreneurs may need to dedicate additional time and resources to education. How can a hotel owner create a successful hotel business? Success in the hotel business hinges on thorough market research, an effective business plan, a prime location, exceptional customer service, and continuous marketing efforts. Regularly updating offerings and staying tuned to industry trends also play pivotal roles. As you get started, find or create a comprehensive business startup checklist to stay organized and reach your goals. What are some trends in the current hotel market that potential hotel owners should be aware of? Some current trends include: Eco-friendly Operations: Green practices and sustainability are in demand. Local Experiences: Guests seek authentic local experiences, from food to activities. Tech Integration: Smart rooms, touchless check-ins, and integrated apps are becoming standard. Health & Wellness: Hotels are focusing on wellness amenities, including spas, fitness centers, and healthier menu options. What are the common characteristics of successful hotel owners? Successful hotel owners are forward-thinking, flexible, focused on customer satisfaction, and knowledgeable about finances. They typically exhibit strong leadership abilities, excel at relationship building, and have a comprehensive grasp of the intricacies of the hospitality industry. What are the typical responsibilities of a hotel manager in a successful hotel business? Hotel managers are responsible for overseeing daily operations, ensuring guest satisfaction, managing staff, handling budgets, and collaborating on marketing strategies. They troubleshoot problems, interact with vendors, and are crucial in establishing the tone and service standards of the hotel. Additionally, they recognize the significance of online reviews and strive to ensure that customer service and every aspect of each visitor’s experience meet five-star standards. Image: Envato Elements This article, "How to Start a Hotel Business: Your Ultimate Guide" was first published on Small Business Trends View the full article

Starting a hotel can be both a thrilling and daunting venture. From boutique havens to franchising giants, this guide sheds light on the myriad pathways and decisions in crafting your dream establishment. Whether you’re seeking to revolutionize guest experiences or pondering how to start a hotel business on a shoestring budget, get on this journey with us as we unveil the essentials of the trade. Understanding the Hotel Industry Before diving into the nuts and bolts of starting a hotel, it’s vital to familiarize oneself with the industry’s landscape. The hospitality world is vast, dynamic, and ever-evolving. Let’s get you acquainted. Current State of the Hospitality Industry Trends: With the rise of technology, many travelers prefer booking their stays online, giving birth to the significance of online travel agencies (OTAs) like Booking.com and Airbnb. Sustainability has also become a key concern, leading to a surge in eco-friendly hotels and practices. The Hotelchamp also provides some additional trends that hoteliers need to keep an eye on: Challenges: While promising, the hotel industry has its hurdles. Seasonal fluctuations can impact revenue, and there’s always stiff competition from other hotels and alternative accommodation options like vacation rentals. Opportunities: The digital age has brought a world of possibilities. Direct bookings through hotel websites, partnership opportunities with local businesses, and experiential packages like wellness retreats or cultural excursions are drawing guests. Many hotels may also serve as a wedding venue. Before starting, consider the different opportunities you may explore so you can include those in your plans. For example, you may research a wedding venue business plan instead of simply writing one for a basic hotel. How Much Does it Cost to Start a Hotel Every entrepreneurial journey starts with understanding the financial landscape. Starting a new hotel is no exception. Costs can vary greatly depending on location, scale, and type. Here’s a range to help you gauge your investment: Low-end Hotels: $60,000 – $500,000 Typically, it includes budget accommodations, smaller guest capacities, and basic amenities. Mid-range Hotels: $1 million – $5 million Offers additional features like pools, restaurants, and larger room capacities. High-end Hotels & Resorts: $10 million – $50 million (or more) Think luxury. Spas, gourmet dining, prime locations, and top-tier services. Converting an Existing Building Repurposing an old building can be a brilliant move. Here’s a breakdown of the costs: Purchase Prices: $100,000 – $5 million. It greatly varies based on location and the building’s size and condition. Renovation Costs: $50,000 to $2 million. This encompasses structural modifications, aesthetic enhancements, and the incorporation of amenities. Compliance with Regulations: $10,000 – $100,000. Ensuring that your building adheres to safety, health, and other local regulations is crucial. Buying a Building to Convert Seeking a building with potential? Keep these in mind: Initial Purchase Prices: $250,000 – $10 million. The price tag is influenced by factors like location, building potential, and market demand. Renovation Costs: Similar to the above, expect to pay between $50,000 and $2 million. Compliance with Regulations: Anticipate spending between $10,000 and $100,000 to meet standards. Buying an Existing Hotel Sometimes, stepping into an already functioning hotel is the best move: Costs: This ranges significantly from $1 million to $100 million based on the hotel’s reputation, location, and profitability. Benefits: Faster start, as the groundwork is already laid. Immediate cash flow. Drawbacks: Potential legacy issues. Less room for personalization. Crafting Your Own Hotel Business Plan Crafting a hotel business plan is more than just paperwork; it’s about mapping out your vision, setting clear goals, and understanding how to achieve them. Here’s how you can create a plan that speaks volumes: ComponentDescription Executive SummaryA snapshot of your hotel's overview, including its mission, vision, and basic details. Business ObjectivesDefine what you aim to achieve in the short-term and long-term. Market AnalysisInsights into the current market, trends, competition, and potential customer segments. Marketing StrategiesTactics to attract guests, from online campaigns to partnerships with travel agencies. Operations PlanDay-to-day management, staffing, and hotel procedures. Financial ProjectionsEstimated earnings, costs, break-even analysis, and profit and loss predictions for the upcoming years. AppendixAny additional data or resources supporting your plan like market research findings, legal documents, or resumes of key team members. Executive Summary: Description: Provide a snapshot of your business. Example: “Sunset Inn is a 30-room hotel in San Diego that strives to offer travelers a combination of luxury and comfort while prioritizing eco-friendly practices.” Market Analysis: Description: Dive deep into the current market scenario. How-To: Conduct surveys to understand what guests value most in a hotel. Study market trends using tools like Google Trends or Statista. Example: “In San Diego, there’s been a 20% rise in eco-conscious travelers in the last two years. Our hotel will appeal to this demographic by ensuring sustainable practices.” Competitive Analysis: Description: Understand your competition. How-To: Visit competitor hotels or their websites. Analyze guest reviews on platforms like TripAdvisor. Example: “Although Beachfront Luxe has sea-view rooms, they lack eco-friendly amenities. Sunset Inn can address this shortcoming.” Marketing & Sales Strategy: Description: Detail how you’ll attract and retain guests. How-To: Engage in social media marketing targeting travel enthusiasts. Collaborate with travel bloggers for reviews. Example: “Launching a ‘Stay 3, Pay for 2’ nights promotion for the first two months.” Financial Projections: Description: A clear picture of expected revenues, expenses, and profit. How-To: Use past financial data if available. Forecast based on market trends and expected occupancy rates. Example: “Predicting an average occupancy rate of 75%, with room rates at $200 per night, we project a gross revenue of $1.6 million.” Operational Plan: Description: Describe day-to-day operations. Example: “Housekeeping will operate on two shifts, ensuring rooms are always clean. The front desk will be manned 24/7 to cater to guest inquiries.” Management & Organization: Description: Detail your team and their roles. Example: “Jane Doe, our general manager, brings ten years of hotel management experience, previously working with The Ritz.” Your business plan serves as your compass. It needs to be clear and detailed, guiding every decision you make in your hotel venture. Keep in mind that the more research and preparation you invest in it, the more confident you will feel with each step you take. Steps to Launching Your New Hotel Business Starting a hotel involves a series of intentional and interconnected steps. Each phase builds upon the previous one, laying the groundwork for the success of your establishment. Here’s your roadmap: Research & Feasibility Study: Before any concrete plans, gauge the feasibility of your hotel idea. Survey your target area, analyze demographics, and assess the competition. Business Plan Development: This step is all about detailed planning, as we covered earlier. A strong business plan acts as your roadmap, outlining your goals, budget, and operational strategies. Location & Property Selection: In the hotel industry, the mantra is ‘Location, Location, Location’. It is crucial to select a site that matches your target market and reflects your brand. Legalities & Licensing: Make sure to address all legal requirements, including obtaining building permits, securing a liquor license, and acquiring zoning permissions. Design & Construction: If building from scratch or renovating, this is where your hotel starts taking shape. Collaborate with architects and interior designers to bring your vision to life. Hiring & Training: A hotel is only as good as its staff. Recruit wisely and invest in their training. Soft Launch: Before the opening, have a trial run. Invite friends or industry partners to experience your hotel and provide feedback. Grand Opening: Roll out the red carpet and make your official debut in the hospitality world! Building a Strong Team for Your New Hotel Its guests’ experiences define a hotel’s success, and your hotel employees craft those experiences. Hiring Process: Prioritize attitude over skills. Skills can be taught, but attitude often can’t. Use role-specific tests or simulations during interviews. Training: Implement an orientation program that instills the hotel’s values, mission, and service standards. Team Building: Organize regular team-building activities to foster camaraderie and morale. Continuous Feedback: Regular performance reviews and feedback sessions help staff grow and address concerns. Empowerment: Empower your employees to make decisions. When they feel ownership, they’re more likely to deliver top-notch service. Hotel Pre-launch Marketing Creating a buzz even before you open your doors is essential. Digital Presence: Launch a user-friendly website with SEO optimization. Also, create engaging profiles on popular social media platforms. Collaborations: Partner with influencers or travel bloggers. A shoutout or a blog post can introduce your hotel to a wide audience. Email Marketing: Gather emails through your website or contests and send newsletters about opening offers, sneak peeks, or behind-the-scenes content. Press Releases: Send out a press release to local newspapers, magazines, and travel sites. Loyalty Programs: Introduce early bird loyalty programs to incentivize bookings. The Grand Opening Your hotel’s opening is more than just a ribbon-cutting ceremony. It sets the stage for future operations and creates a lasting impression. Local Collaboration: Partner with local businesses for mutual promotions. Maybe a wine tasting from a local vineyard? Event Marketing: Host a theme-based event. For instance, how about a beach-themed party if you’re near the coast? Local Celebrities: Invite local influencers or celebrities. Their presence can attract media attention and generate buzz. Guided Tours: Offer guided hotel tours showcasing unique features and rooms. Feedback Collection: Set up feedback stations or provide cards. Initial feedback is golden for improving services swiftly. How to Start a Boutique Hotel The allure of boutique hotels lies in their intimate, unique, and personalized environments. Unlike mainstream hotels, boutique hotels are typically smaller, offer tailored experiences, and often have a distinct personality. Distinguishing Factors: Size: Typically, boutique hotels range from 10 to 100 rooms. Personalized Service: With fewer rooms, staff can offer personalized services. Unique Theme or Style: Boutique hotels often boast distinctive atmospheres, whether it’s an Art Deco design or a literary theme. Unique Challenges: Brand Recognition: Unlike chain hotels, boutique hotels don’t have instant brand recognition, which can be a challenge in attracting initial customers. Economies of Scale: Their smaller size means they might not benefit from bulk purchasing or operational efficiencies that larger hotels do. Opportunities: Niche Market: Consider targeting a specific audience, such as art lovers or environmentally conscious travelers. Local Experiences: Integrate local art, cuisine, and traditions to offer a unique, immersive experience. Exploring Franchising in the Hotel Business Franchising allows you to get a head start. You’re leveraging an established brand’s name, operational methods, and support. Marriott, Hilton, and InterContinental Hotels Group (IHG) all offer popular hotel franchise models. Pros: Brand Recognition: You’ll benefit from immediate brand trust and loyalty. Operational Support: Many franchises offer training, marketing support, and operational guidelines. Supplier Discounts: Bulk purchasing agreements can reduce supplies and services costs. Cons: Initial Franchise Fee: This can be hefty and doesn’t include operational costs. Royalty Payments: A percentage of your gross revenue will typically go to the franchisor. Less Flexibility: You must adhere to the brand’s standards, limiting creativity. How to Start a Hotel Business with No Money Starting a hotel with no money might sound like a dream, but it’s achievable with determination, creativity, and resourcefulness. Crowdfunding: Platforms like Kickstarter and GoFundMe can be used to raise capital by showcasing your unique hotel concept to the public. Vendor Financing: Negotiate with suppliers to provide goods and services upfront with deferred payments. Property Lease: Instead of purchasing, consider leasing a property and converting it into a hotel. Leveraging Partnerships and Investments Partnerships and investments can be the lifeline for aspiring hoteliers with limited capital. Joint Ventures: Partner with someone with the capital or resources you lack. For instance, if you have hotel management expertise but lack funds, find a partner looking for operational expertise. Angel Investors: Individuals who provide capital for a business start-up, usually in exchange for convertible debt or ownership equity. Venture Capitalists: Professional groups that manage pooled funds from many investors to invest in startups. They usually come in when you have a proven business model and want to scale. Strategic Partnerships: Collaborate with travel agencies, local businesses, or even established brands to co-run or promote the hotel. Starting a hotel business, especially with limited capital, requires innovation, tenacity, and smart strategies. Frequently Asked Questions How long do hotel businesses typically take to start? Starting a hotel business can range from 8 months to several years, depending on factors such as property construction or renovation, licensing, and market research. A turnkey operation or purchasing an existing hotel can be quicker while building from scratch is more time-intensive. Additionally, those who already know how to start a business may save time on the paperwork and logistics, while new entrepreneurs may need to dedicate additional time and resources to education. How can a hotel owner create a successful hotel business? Success in the hotel business hinges on thorough market research, an effective business plan, a prime location, exceptional customer service, and continuous marketing efforts. Regularly updating offerings and staying tuned to industry trends also play pivotal roles. As you get started, find or create a comprehensive business startup checklist to stay organized and reach your goals. What are some trends in the current hotel market that potential hotel owners should be aware of? Some current trends include: Eco-friendly Operations: Green practices and sustainability are in demand. Local Experiences: Guests seek authentic local experiences, from food to activities. Tech Integration: Smart rooms, touchless check-ins, and integrated apps are becoming standard. Health & Wellness: Hotels are focusing on wellness amenities, including spas, fitness centers, and healthier menu options. What are the common characteristics of successful hotel owners? Successful hotel owners are forward-thinking, flexible, focused on customer satisfaction, and knowledgeable about finances. They typically exhibit strong leadership abilities, excel at relationship building, and have a comprehensive grasp of the intricacies of the hospitality industry. What are the typical responsibilities of a hotel manager in a successful hotel business? Hotel managers are responsible for overseeing daily operations, ensuring guest satisfaction, managing staff, handling budgets, and collaborating on marketing strategies. They troubleshoot problems, interact with vendors, and are crucial in establishing the tone and service standards of the hotel. Additionally, they recognize the significance of online reviews and strive to ensure that customer service and every aspect of each visitor’s experience meet five-star standards. Image: Envato Elements This article, "How to Start a Hotel Business: Your Ultimate Guide" was first published on Small Business Trends View the full article

Don't just check the boxes. Provide benefits. The Disruptors With Liz Farr Go PRO for members-only access to more Liz Farr. View the full article

Don't just check the boxes. Provide benefits. The Disruptors With Liz Farr Go PRO for members-only access to more Liz Farr. View the full article

This article is posted with permission from our partner MacPaw. MacPaw makes Mac + iOS apps that have been installed on over 30 million devices worldwide. Freelancers Union members receive 30 days of free unlimited access to CleanMyMacX and Setapp: https://freelancersunion.org/resources/perks/macpaw/ If you’ve ever bought something from Best Buy, you’re probably familiar with Geek Squad. For those who pick up their freelance gadgets elsewhere, Geek Squad is Best Buy’s trusted tech support service. It’s well-known and reliable, which makes it a prime target for scammers. Some Geek Squad scams trick people into visiting fake websites where they’ll unknowingly enter sensitive details. Others take it a step further, aiming to install malicious software or gain remote access to your device. But the endgame is always to steal your money, your identity, or both. Moonlock, the cybersecurity division of MacPaw, will break down how Geek Squad scams work, how to spot the warning signs, and what you can do if you’ve been targeted. How do Geek Squad scams work?Geek Squad scams are a classic form of phishing. Scammers disguise themselves as Geek Squad employees, whether pretending to be tech support agents or members of the billing department. Their goal is to get you to hand over personal information, send them money, or install malware on your device. Attackers send out generic emails to hundreds or even thousands of people, hoping that a few will take the bait. Sometimes, they pose as payment services sending invoices from Geek Squad. Other times, they’ll claim to be Geek Squad technicians offering to fix issues with your device. They might even call you directly, spinning elaborate lies to gain your trust. The core tactic is always the same: create a sense of urgency and trick you into acting without thinking. If you don’t recognize their game, you risk giving away your information, your money, and peace of mind. Moonlock has collected here a few of the most common ways Geek Squad scams play out. Geek Squad auto-renewal scamThis one’s a favorite among scammers. You get an email claiming that your Geek Squad subscription is about to auto-renew, and a big charge is headed for your bank account. The email is designed to make you panic. Did you accidentally sign up for this? How do you cancel it before they take your money? The scammers provide a convenient link or phone number for “canceling” the payment. If you follow the link or call, you’ll be asked for personal information like your bank account details or Social Security number. Of course, there’s no subscription. Just a scammer eager to use your information to clean out your account or steal your identity. Hardware fix scamsIn this version of the scam, someone pretending to be a Geek Squad technician contacts you, claiming your device has malware or another serious problem that only they can fix. They’ll ask you to download software to give them remote access to your computer. What you’re actually downloading is malware, often designed to steal sensitive information like passwords, files, or banking details. Fake invoicesScammers send fake invoices via email, claiming you’ve been billed for Geek Squad services. The invoice might reference a Best Buy membership, a device warranty, or even antivirus software. The email usually contains a link to “dispute” the charge or a phone number to call for support. If you engage, you’ll be directed to share personal information or download malicious software. In some cases, the invoice itself may contain malware (if it’s a downloadable attachment). How to spot a Geek Squad scamThankfully, Geek Squad scams aren’t hard to spot once you know what to look for. These red flags can help you identify phishing attempts: You don’t remember buying anything from Best Buy: If you’ve never purchased anything at Best Buy, how would they get your contact details? Bad spelling or grammar: Legitimate messages from companies like Best Buy won’t be riddled with typos and clunky sentences. If the message looks like it was written in a hurry (or poorly translated), it’s a scam.Unofficial email address: Always check the sender’s email address. Real Geek Squad emails will come from @bestbuy.com. Anything from Gmail or other random domains is a red flag.Generic greeting: If the message starts with “Dear Valued Customer” instead of your name, it’s likely a mass email phishing attempt. Legitimate companies usually personalize their communications.Sketchy links: Hover over links in the email or use a URL checker to see where they’ll take you. If the URL looks suspicious or doesn’t match Best Buy’s official website, don’t click.Scare tactics and urgency: Scammers thrive on creating panic. If a message or call makes you feel rushed or scared, it’s probably a ploy to get you to act without thinking.Asking for remote device access: If someone wants you to download remote access software or share your device, treat it as a major red flag.Unsolicited calls: Best Buy doesn’t make random calls to customers. If you receive one, treat it with caution and contact the company directly through their official website BestBuy.com or phone number 1-888-BEST BUY (1-888-237-8289).What to do if you fall victim to a Geek Squad scamFalling for a scam is never a good feeling. But before you sink into a spiral of regret, remember this: acting quickly can save you from further trouble. 1. Scan your device for malwareIf you’ve clicked on a suspicious link or downloaded something sketchy, run a malware scan on your device immediately. Think of it as a digital detox, scrubbing away any harmful software that scammers may have planted. On a Mac, tools like CleanMyMac’s Protection module, powered by Moonlock Engine, can make quick work of these nasty intrusions. 2. Call your bank If you’ve shared your bank account or credit card details, tell your bank or credit card company without delay. Explain what happened and see if they can reverse any unauthorized charges or set up fraud alerts on your account. They’ve dealt with this sort of thing before and are well-equipped to help. 3. Freeze your creditIf there’s even a hint that your Social Security number may have been compromised, freezing your credit is your best bet. Contact the three major credit bureaus – TransUnion, Experian, and Equifax – to lock down your credit and prevent anyone from opening accounts in your name. 4. Change your passwordsOnce your financial and personal data are secured, it’s time to update your passwords. Start with the ones that matter most, like your email and bank accounts. Even if you’re not sure whether these accounts were breached, changing passwords is a simple but effective safeguard. And if you don’t already use a password manager to create and store strong, unique passwords, now is an excellent time to start. 5. Report the scamLet Best Buy know what happened by calling their official Geek Squad support line at 1-888-BEST-BUY. Reporting fraudulent calls and emails to the Federal Trade Commission (FTC) at reportfraud.ftc.gov is also a smart move. Not only does this help protect others, but it also gives law enforcement the information they need to track down and stop scammers. Also, flag phishing emails in your inbox to help your provider identify and block similar messages in the future. How to prevent Geek Squad scamsAvoiding Geek Squad scams is all about staying vigilant and practicing good digital hygiene. A great first step is to reduce your digital footprint. The less personal information about you floating around online, the harder it is for scammers to target you. Delete old, unused accounts, say no to unnecessary cookies, and consider using a VPN to keep your online activity private. Another way to protect yourself is to use a temporary email address to sign up for accounts or services you’re less invested in. For instance, Google seems to soon come up with an email forwarding alias system called “Shielded Email.” With burner email addresses and aliases, you can keep your main inbox private and limit the number of phishing attempts that land in it. And when scammy emails do appear, report them as spam. Many email providers learn from your reports and will filter similar messages in the future, keeping your inbox cleaner and safer. Ultimately, staying safe comes down to awareness. If something feels off, like a message asking for money, personal information, or access to your devices, pause and think before you act. Scammers rely on panic and urgency to trick their victims, so staying calm and skeptical is your best defense. With a little effort, you can outsmart even the craftiest phishing schemes. View the full article

This article is posted with permission from our partner MacPaw. MacPaw makes Mac + iOS apps that have been installed on over 30 million devices worldwide. Freelancers Union members receive 30 days of free unlimited access to CleanMyMacX and Setapp: https://freelancersunion.org/resources/perks/macpaw/ If you’ve ever bought something from Best Buy, you’re probably familiar with Geek Squad. For those who pick up their freelance gadgets elsewhere, Geek Squad is Best Buy’s trusted tech support service. It’s well-known and reliable, which makes it a prime target for scammers. Some Geek Squad scams trick people into visiting fake websites where they’ll unknowingly enter sensitive details. Others take it a step further, aiming to install malicious software or gain remote access to your device. But the endgame is always to steal your money, your identity, or both. Moonlock, the cybersecurity division of MacPaw, will break down how Geek Squad scams work, how to spot the warning signs, and what you can do if you’ve been targeted. How do Geek Squad scams work?Geek Squad scams are a classic form of phishing. Scammers disguise themselves as Geek Squad employees, whether pretending to be tech support agents or members of the billing department. Their goal is to get you to hand over personal information, send them money, or install malware on your device. Attackers send out generic emails to hundreds or even thousands of people, hoping that a few will take the bait. Sometimes, they pose as payment services sending invoices from Geek Squad. Other times, they’ll claim to be Geek Squad technicians offering to fix issues with your device. They might even call you directly, spinning elaborate lies to gain your trust. The core tactic is always the same: create a sense of urgency and trick you into acting without thinking. If you don’t recognize their game, you risk giving away your information, your money, and peace of mind. Moonlock has collected here a few of the most common ways Geek Squad scams play out. Geek Squad auto-renewal scamThis one’s a favorite among scammers. You get an email claiming that your Geek Squad subscription is about to auto-renew, and a big charge is headed for your bank account. The email is designed to make you panic. Did you accidentally sign up for this? How do you cancel it before they take your money? The scammers provide a convenient link or phone number for “canceling” the payment. If you follow the link or call, you’ll be asked for personal information like your bank account details or Social Security number. Of course, there’s no subscription. Just a scammer eager to use your information to clean out your account or steal your identity. Hardware fix scamsIn this version of the scam, someone pretending to be a Geek Squad technician contacts you, claiming your device has malware or another serious problem that only they can fix. They’ll ask you to download software to give them remote access to your computer. What you’re actually downloading is malware, often designed to steal sensitive information like passwords, files, or banking details. Fake invoicesScammers send fake invoices via email, claiming you’ve been billed for Geek Squad services. The invoice might reference a Best Buy membership, a device warranty, or even antivirus software. The email usually contains a link to “dispute” the charge or a phone number to call for support. If you engage, you’ll be directed to share personal information or download malicious software. In some cases, the invoice itself may contain malware (if it’s a downloadable attachment). How to spot a Geek Squad scamThankfully, Geek Squad scams aren’t hard to spot once you know what to look for. These red flags can help you identify phishing attempts: You don’t remember buying anything from Best Buy: If you’ve never purchased anything at Best Buy, how would they get your contact details? Bad spelling or grammar: Legitimate messages from companies like Best Buy won’t be riddled with typos and clunky sentences. If the message looks like it was written in a hurry (or poorly translated), it’s a scam.Unofficial email address: Always check the sender’s email address. Real Geek Squad emails will come from @bestbuy.com. Anything from Gmail or other random domains is a red flag.Generic greeting: If the message starts with “Dear Valued Customer” instead of your name, it’s likely a mass email phishing attempt. Legitimate companies usually personalize their communications.Sketchy links: Hover over links in the email or use a URL checker to see where they’ll take you. If the URL looks suspicious or doesn’t match Best Buy’s official website, don’t click.Scare tactics and urgency: Scammers thrive on creating panic. If a message or call makes you feel rushed or scared, it’s probably a ploy to get you to act without thinking.Asking for remote device access: If someone wants you to download remote access software or share your device, treat it as a major red flag.Unsolicited calls: Best Buy doesn’t make random calls to customers. If you receive one, treat it with caution and contact the company directly through their official website BestBuy.com or phone number 1-888-BEST BUY (1-888-237-8289).What to do if you fall victim to a Geek Squad scamFalling for a scam is never a good feeling. But before you sink into a spiral of regret, remember this: acting quickly can save you from further trouble. 1. Scan your device for malwareIf you’ve clicked on a suspicious link or downloaded something sketchy, run a malware scan on your device immediately. Think of it as a digital detox, scrubbing away any harmful software that scammers may have planted. On a Mac, tools like CleanMyMac’s Protection module, powered by Moonlock Engine, can make quick work of these nasty intrusions. 2. Call your bank If you’ve shared your bank account or credit card details, tell your bank or credit card company without delay. Explain what happened and see if they can reverse any unauthorized charges or set up fraud alerts on your account. They’ve dealt with this sort of thing before and are well-equipped to help. 3. Freeze your creditIf there’s even a hint that your Social Security number may have been compromised, freezing your credit is your best bet. Contact the three major credit bureaus – TransUnion, Experian, and Equifax – to lock down your credit and prevent anyone from opening accounts in your name. 4. Change your passwordsOnce your financial and personal data are secured, it’s time to update your passwords. Start with the ones that matter most, like your email and bank accounts. Even if you’re not sure whether these accounts were breached, changing passwords is a simple but effective safeguard. And if you don’t already use a password manager to create and store strong, unique passwords, now is an excellent time to start. 5. Report the scamLet Best Buy know what happened by calling their official Geek Squad support line at 1-888-BEST-BUY. Reporting fraudulent calls and emails to the Federal Trade Commission (FTC) at reportfraud.ftc.gov is also a smart move. Not only does this help protect others, but it also gives law enforcement the information they need to track down and stop scammers. Also, flag phishing emails in your inbox to help your provider identify and block similar messages in the future. How to prevent Geek Squad scamsAvoiding Geek Squad scams is all about staying vigilant and practicing good digital hygiene. A great first step is to reduce your digital footprint. The less personal information about you floating around online, the harder it is for scammers to target you. Delete old, unused accounts, say no to unnecessary cookies, and consider using a VPN to keep your online activity private. Another way to protect yourself is to use a temporary email address to sign up for accounts or services you’re less invested in. For instance, Google seems to soon come up with an email forwarding alias system called “Shielded Email.” With burner email addresses and aliases, you can keep your main inbox private and limit the number of phishing attempts that land in it. And when scammy emails do appear, report them as spam. Many email providers learn from your reports and will filter similar messages in the future, keeping your inbox cleaner and safer. Ultimately, staying safe comes down to awareness. If something feels off, like a message asking for money, personal information, or access to your devices, pause and think before you act. Scammers rely on panic and urgency to trick their victims, so staying calm and skeptical is your best defense. With a little effort, you can outsmart even the craftiest phishing schemes. View the full article

Lately, you may have noticed headlines about anti-DEI executive orders. While these orders are aimed at the federal government and don’t directly affect companies, they can make anyone who cares about inclusion feel uneasy. If your organization is serious about creating a fair and welcoming workplace, now is a good time to review and refresh your strategy. Let’s chat about some practical ways to stay focused on your values and navigate these challenging headlines. Reassure your team that inclusion is legal First things first, it’s important to remind everyone that diversity, equity, and inclusion work is completely legal. In an email interview, Working IDEAL’s Jenny Yang and Pamela Coukos shared with me that no executive order can stop private employers from advancing equal opportunity under Title VII of the Civil Rights Act of 1964. In simple terms, if your DEI strategy is about creating a fair workplace without giving tangible preferences to one group over another, you’re in the clear. Take a moment to review your programs with your legal counsel. This will help you adjust any practices that might seem risky, like hiring quotas or mandatory training that could be misinterpreted. A quick check can reassure your team and help you move forward confidently. Be clear about your DEI intentions Your employees look to you for guidance. In today’s fast-paced world, assumptions fill in the gaps when information is missing. That’s why it’s a good idea to make a clear statement about your organization’s commitment to inclusion. For example, you might say, “At our organization, we care deeply about creating a workplace where everyone feels valued and can thrive.” No need for jargon—simple, honest language goes a long way. Leaders at companies like Costco and Cisco have already set the tone by speaking openly about why inclusion matters, and that kind of clarity builds trust both inside and outside the company. Prepare talking points for your leaders In a time when DEI is often in the spotlight, it helps to be ready with a few friendly, clear talking points. Equip your managers and team leaders with simple responses that highlight your organization’s commitment. For instance, they might say: “We are committed to inclusion because it helps us attract the best talent and better serve our community.” “Our focus on fairness and belonging drives innovation and strengthens our team.” By having these talking points at the ready, your leaders can confidently address questions from employees, the media, or even casual conversation. This preparedness shows that you are proud of your commitment and ready to discuss it openly. Reset the narrative around DEI A lot of the current debate around DEI comes from misunderstandings. It’s not about setting quotas or forcing anyone into a box—it’s about educating our teams and creating an environment where everyone can succeed. Instead of getting tangled in polarizing language, consider framing your approach around ideas like fairness, belonging, and the value of diverse perspectives. When you do this, it’s easier for people to see that DEI work benefits everyone, not just a select group. Show the cost of exclusion It might sound a bit business-like, but sometimes numbers speak louder than words. Studies show that companies can boost global profits by billions of dollars when they have more inclusive work cultures. Think of it this way: Excluding great talent because of outdated practices costs more in turnover, lawsuits, and missed opportunities than investing in a fair workplace ever could. The return on investment for DEI can be hard to measure but it is not impossible. By showing the tangible benefits of inclusion, you can make a strong case that your DEI efforts are not only the right thing to do but also smart for business. Take a proactive approach According to a recent study by Resume.org, 87% of companies are committed to including DEI initiatives in their workplaces. Instead of waiting for critics to question your commitment, why not take charge of the conversation? Consider hosting an event, writing a blog post, or issuing a press release that shares your organization’s success stories around inclusion. When you speak first, you set the tone and frame the narrative on your own terms. It’s a chance to show that you’re not just reacting to anti-DEI headlines, but actively building a better future for your team. Use your voice for change Many people trust businesses to lead social change. If inclusion is a priority for you, use your influence to push for policies that support fairness in the broader community. Whether it’s by lobbying local lawmakers or partnering with other organizations, standing up for what you believe in can make a difference beyond your own company. For instance, Salsforce recently threatened to leave Indiana over legislation that would harm the LGBTQ+ community. Thanks in part to the company’s involvement, the law didn’t pass. In the end, anti-DEI executive orders are just one piece of the bigger picture. They do not directly impact your organization if you’re committed to doing the right thing. By reassuring your team, communicating clearly, preparing thoughtful responses, and taking proactive steps, you can keep your focus on building a truly inclusive workplace. Remember, saying no to outdated practices isn’t a rejection—it’s a redirection toward a future where fairness, respect, and inclusion guide every decision. View the full article

Here is a recap of what happened in the search forums today...View the full article

As my boys become older, they become savvier at working their way around the parental controls on our devices. Time limits are tampered with, and apps I thought were deleted from our iPad suddenly reappear. I know they're not accessing dangerous content, but it's only a matter of time until they do. Most routers have parental controls included, allowing concerned parents to put controls over all the devices that rely on wifi to ensure they don't go to dangerous sites. If you're looking for a way to control what your family can access on the internet and how long, below are instructions for the three of the most popular router brands. How to set up parental controls on a TP-Link routerTP-Link has slightly different steps depending on your particular router type. The following applies to a wide range of their routers, but if you have a newer router, particularly an Archer model, you may need to follow these steps instead, or try the app. Start by logging into the router's configuration page by entering your web browser and typing in the IP address (192.168.1.1 or 192.168.0.1) or http://tplinkwifi.net in the address bar. When prompted, enter the router's username and password. The default for both is admin. A menu will appear on the left side of the screen. Click on Parental Controls, then choose Enable to turn on the setting. You'll need to type in the 12-digit MAC address of your primary home device. See steps five (Mac) and six (PC) for locating your device's MAC address. To find the MAC address on an Apple device, go to System Settings, then Network, then Wi-Fi or Ethernet, then Advanced. For a Windows computer, open the command prompt, type ipconfig /all, then scroll down to your network adapter and look for the physical address. Click Add New to create a rule that will affect what websites and domains you want to allow and when. Press Time settings, highlighted in red on the top right corner, to set the router time. Then click Save and return to the previous page. On the bottom right corner, click Schedule, highlighted in red, to control when your children can surf the web. Afterward, click Save and return to the previous page. From here, you'll need to enter the MAC address of your child's device (refer to steps five and six), then enter the sites you'll allow them to visit. Choose the scheduled time you set up in step nine. Check Enable to make the setting take effect, then click Save. You'll return to the Parental Control page and see a list of settings you've created. How to set up parental controls on a NETGEAR routerA NETGEAR router has two tiers of parental controls. Their free tier allows you to pause internet use across multiple devices and assign devices your kids can use to access the internet. The paid tier, Smart Parental Controls Premium, allows you to set daily bedtimes, filter content, view browsing history, restrict websites, and more across multiple devices. There is a 30-day free trial; plans range between $7.99 a month and $69.99 a year. You must download and launch the Orbi or Nighthawk app to get started. Press the Parental Controls tile, then Add New Profile > Set Up. You can set up a profile for each child in your household. Type the name of the child for whom you want to set up the profile and tap Continue. A list of devices connected to your router, both online and offline, will appear. Choose which devices the child you are setting up the profile for can use to go online. For example, if you want them to use only their tablet to surf the web, select it from the list. Tap Continue, and a confirmation will appear. Then tap START 30 DAY TRIAL. You won't have to enter any payment information. How to set up parental controls on an ASUS routerLike NETGEAR routers, ASUS offers two tiers of parental controls: AiProtection Classic and AiProtection Pro. Both tiers are free for the life of the router, but the protection tier varies depending on the ASUS router model you purchase. Generally, routers on the lower price points come with the Classic tier, and since each tier is designed for the specific model you've bought, you can't upgrade to Pro. You must update the router's firmware and download the ASUS Router App to your smartphone. Once in the ASUS Router app, you want to go to Settings, then Family. Here, you can create a profile for each family member. Start by choosing the appropriate level of protection. Write the name of your family member's name and click Next. Select the name of the device you are protecting and click Next. You'll be asked to select Setup Offline Schedule (setup schedule when the internet is off) or Setup Online Schedule (setup schedule when the internet is on). Select one, create your schedule, and click Next. You'll then be asked to select which content to block, such as pornography or video streaming. Choose what you'd want to restrict and allow, and click Apply in the top right corner. The parental controls should do the rest. ASUS also offers a Reward Time feature, which allows you to give your kid extra screen time for good behavior. You'll see the feature when their profile is set up on the ASUS Router app. View the full article

The government-sponsored enterprises were not meant to remain in conservatorship permanently, but privatizing them once again must include a new set of rules that minimize market disruptions and maximize their focus on making homeownership affordable. View the full article

California-based seafood manufacturer Tri-Union Seafoods has issued a voluntary recall of select canned tuna products due to a potential contamination risk from Clostridium botulinum, a bacteria that can cause serious and potentially fatal food poisoning. The recall follows a supplier notification that a manufacturing defect in the “easy open” pull-tab lids may compromise the product’s seal, leading to leaks or contamination over time. While no illnesses have been reported, Tri-Union say it’s taking precautionary measures to ensure consumer safety. Which products were impacted? The recalled tuna products were distributed across multiple retailers nationwide under the Genova, Van Camp’s, HEB, and Trader Joe’s brands. The affected brands and locations include: H-E-B label Texas Trader Joe’s label Delaware Illinois Indiana Iowa Kansas Kentucky Maryland Michigan Minnesota Missouri Nebraska New Jersey New York North Carolina Ohio Pennsylvania Virginia Washington, D.C. Wisconsin Genova 7 oz Costco in Florida and Georgia Genova 5 oz Harris Teeter Publix H-E-B Kroger Safeway Walmart Genova 5 oz (independent retailers) Alabama Arkansas Arizona California Florida Georgia North Carolina New Jersey Tennessee Texas Van Camp’s label Walmart and independent retailers in Pennsylvania, Florida, and New Jersey Tri-Union Seafoods has confirmed that no other products are affected by this recall. What Is Botulism? Botulism is a rare but serious illness caused by a toxin produced by Clostridium botulinum. According to the Centers for Disease Control and Prevention (CDC), the toxin affects the nervous system, potentially leading to paralysis and breathing difficulties, and can be fatal if untreated. What are the symptoms of Botulism? Difficulty swallowing Muscle weakness Double or blurry vision Drooping eyelids Slurred speech Difficulty breathing Difficulty moving the eyes Nausea, vomiting, diarrhea, or stomach pain (foodborne cases) In infants: Weak crying, poor feeding, drooping eyelids Anyone experiencing these symptoms should seek immediate medical attention. What if I have a recalled tuna product? Consumers are urged not to eat the recalled tuna, even if it looks or smells normal, and to return the recalled cans to the store for a full refund. Contact Tri-Union Seafoods for a retrieval kit and a replacement coupon. You can also read the recall notice on the website of the Food and Drug Administration (FDA). View the full article

California-based seafood manufacturer Tri-Union Seafoods has issued a voluntary recall of select canned tuna products due to a potential contamination risk from Clostridium botulinum, a bacteria that can cause serious and potentially fatal food poisoning. The recall follows a supplier notification that a manufacturing defect in the “easy open” pull-tab lids may compromise the product’s seal, leading to leaks or contamination over time. While no illnesses have been reported, Tri-Union say it’s taking precautionary measures to ensure consumer safety. Which products were impacted? The recalled tuna products were distributed across multiple retailers nationwide under the Genova, Van Camp’s, HEB, and Trader Joe’s brands. The affected brands and locations include: H-E-B label Texas Trader Joe’s label Delaware Illinois Indiana Iowa Kansas Kentucky Maryland Michigan Minnesota Missouri Nebraska New Jersey New York North Carolina Ohio Pennsylvania Virginia Washington, D.C. Wisconsin Genova 7 oz Costco in Florida and Georgia Genova 5 oz Harris Teeter Publix H-E-B Kroger Safeway Walmart Genova 5 oz (independent retailers) Alabama Arkansas Arizona California Florida Georgia North Carolina New Jersey Tennessee Texas Van Camp’s label Walmart and independent retailers in Pennsylvania, Florida, and New Jersey Tri-Union Seafoods has confirmed that no other products are affected by this recall. What Is Botulism? Botulism is a rare but serious illness caused by a toxin produced by Clostridium botulinum. According to the Centers for Disease Control and Prevention (CDC), the toxin affects the nervous system, potentially leading to paralysis and breathing difficulties, and can be fatal if untreated. What are the symptoms of Botulism? Difficulty swallowing Muscle weakness Double or blurry vision Drooping eyelids Slurred speech Difficulty breathing Difficulty moving the eyes Nausea, vomiting, diarrhea, or stomach pain (foodborne cases) In infants: Weak crying, poor feeding, drooping eyelids Anyone experiencing these symptoms should seek immediate medical attention. What if I have a recalled tuna product? Consumers are urged not to eat the recalled tuna, even if it looks or smells normal, and to return the recalled cans to the store for a full refund. Contact Tri-Union Seafoods for a retrieval kit and a replacement coupon. You can also read the recall notice on the website of the Food and Drug Administration (FDA). View the full article

U.S. Vice President JD Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” could cripple the rapidly growing artificial intelligence industry in a rebuke to European efforts to curb AI’s risks. The speech underscored a widening, three-way rift over AI. The United States, under President Donald Trump, champions a hands-off approach to fuel innovation, while Europe is tightening the reins with strict regulations to ensure safety and accountability. Meanwhile, China is rapidly expanding AI through state-backed tech giants, vying for dominance in the global race. The U.S. was noticeably absent from a joint statement signed by more than 60 nations, pledging to “promote AI accessibility to reduce digital divides” and “ensure AI is open, inclusive, transparent, ethical, safe, secure and trustworthy.” The agreement also called for “making AI sustainable for people and the planet” and protecting “human rights, gender equality, linguistic diversity, protection of consumers and of intellectual property rights.” In a surprise, China — long criticized for its human rights record — signed the declaration, leaving the U.S. as the outlier. Vance’s debut At the summit, Vance made his first major policy speech since becoming vice president last month, framing AI as an economic turning point but cautioning that “at this moment, we face the extraordinary prospect of a new industrial revolution, one on par with the invention of the steam engine.” “But it will never come to pass if overregulation deters innovators from taking the risks necessary to advance the ball,” Vance added. The 40-year-old vice president, leveraging the AI summit and a security conference in Munich later this week, is seeking to project Trump’s forceful new style of diplomacy. The Trump administration will “ensure that AI systems developed in America are free from ideological bias,” Vance said and pledged the U.S. would “never restrict our citizens’ right to free speech.” A growing divide Vance also took aim at foreign governments for “tightening the screws” on U.S. tech firms, saying such moves were troubling. His remarks underscored the growing divide between Washington and its European allies on AI governance. European Commission President Ursula von der Leyen stressed that, “AI needs the confidence of the people and has to be safe” and detailed EU guidelines intended to standardize the bloc’s AI Act but acknowledged concerns over regulatory burden. “At the same time, I know that we have to make it easier and we have to cut red tape and we will,” she added. She also announced that the “InvestAI” initiative had reached a total of €200 billion in AI investments across Europe, including €20 billion dedicated to AI gigafactories. A race for AI dominance The summit laid bare competing global AI strategies — Europe pushing to regulate and invest, China expanding AI through state-backed giants, and the U.S. doubling down on an unregulated, free-market approach. French President Emmanuel Macron positioned Europe as a “third way” in the AI race, one that avoids dependence on major powers like the U.S. and China. “We want a fair and open access to these innovations for the whole planet,” he said in his closing speech, arguing that the AI sector “needs rules” on a global scale to build public trust and urging greater “international governance.” Macron also hailed newly announced investments in France and across Europe, underscoring the continent’s ambitions in AI. “We’re in the race,” he said. Chinese Vice Premier Zhang Guoqing, special envoy of Xi Jinping, reinforced Beijing’s intent to shape global AI standards. Vance, a vocal critic of European content moderation policies, has suggested the U.S. should reconsider its NATO commitments if European governments impose restrictions on Elon Musk’s social media platform, X. His Paris visit was also expected to include candid discussions on Ukraine, AI’s role in global power shifts, and U.S.-China tensions. How to regulate AI? Concerns over AI’s potential dangers have loomed over the summit, particularly as nations grapple with how to regulate a technology that is increasingly entwined with defense and warfare. “I think one day we will have to find ways to control AI or else we will lose control of everything,” said Admiral Pierre Vandier, NATO’s commander who oversees the alliance’s modernization efforts. Beyond diplomatic tensions, a global public-private partnership is being launched called “Current AI,” aimed at supporting large-scale AI initiatives for the public good. Analysts see this as an opportunity to counterbalance the dominance of private companies in AI development. However, it remains unclear whether the U.S. will support such efforts. Separately, a high-stakes battle over AI power is escalating in the private sector. A group of investors led by Musk — who now heads Trump’s Department of Government Efficiency — has made a $97.4 billion bid to acquire the nonprofit behind OpenAI. OpenAI CEO Sam Altman, attending the Paris summit, swiftly rejected the offer on X. The US-China rivalry In Beijing, officials on Monday condemned Western efforts to restrict access to AI tools, while Chinese company DeepSeek’s new AI chatbot has prompted calls in the U.S. Congress to limit its use over security concerns. China promotes open-source AI, arguing that accessibility will ensure global AI benefits. French organizers hope the summit will boost investment in Europe’s AI sector, positioning the region as a credible contender in an industry shaped by U.S.-China competition. French President Emmanuel Macron, addressing the energy demands of AI, contrasted France’s nuclear-powered approach with the U.S.’s reliance on fossil fuels, quipping: France won’t “drill, baby, drill,” but “plug, baby, plug.” Vance’s diplomatic tour will continue in Germany, where he will attend the Munich Security Conference and press European allies to increase commitments to NATO and Ukraine. He may also meet with Ukrainian President Volodymyr Zelenskyy. Talking Ukraine and Middle East with Macron Vance will discuss Ukraine and the Middle East over a working lunch with Macron. Like Trump, he has questioned U.S. aid to Kyiv and the broader Western strategy toward Russia. Trump has pledged to end the war in Ukraine within six months of taking office. Vance is also set to meet separately with Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen. Associated Press writers Sylvie Corbet and Kelvin Chan in Paris contributed to this report. —Aamer Madhani and Thomas Adamson, Associated Press View the full article

A study shows AI chatbot referrals outperform search in engagement and conversions. Here’s what 7 million sessions reveal about the future of transactional traffic. The post Transactional AI Traffic: A Study Of Over 7 Million Sessions appeared first on Search Engine Journal. View the full article

There are times when blocking someone on Discord just seems downright harsh. Plus, when you block someone, they'll know that you've done so, which might lead to unwanted drama. Perhaps you simply want to ignore that they exist. You can go on with your merry life, and they can do their own thing. No hard feelings. Well, Discord has now added a feature appropriately called Ignore, so you can do just that. What does it mean to Ignore someone on Discord?Ignore is basically a mute feature. It lets you mute someone who's annoying or downright abusive. All without the added drama that comes with outright blocking someone. You can even use it to take a temporary break from someone, since they won't know when you've ignored them. Ignored users will still be able to see your profile, and they can still send you messages, it's just that you'll remain blissfully unaware of these interactions unless you choose to peak at them. When an ignored user send a message in group chats, DMs, or anywhere across the server, their messages will be hidden by default, but you'll have an option to view them using the Show button. You also won't get notifications about their activity. And when you visit the profile of someone you've ignored, you'll see a full-screen page reminding you that you're supposed to be ignoring this person. But, of course, you can view their profile if you must. The Ignore feature carries on to voice chat as well. You'll receive a warning telling you when you're about to join a voice chat with an ignored user. Here, too, you can ignore the warning if you'd like, but you will be able to hear the ignored user—there's no mute function in voice calls. How to Ignore a user in DiscordThere are two main ways you can Ignore a user. You can do so from the person's profile, or right from your Direct Messages if you've already got a conversation going with them. Visit their profile, or click their name in a group chat, then click the three-dotted Menu icon, and click the Ignore button. Credit: Khamosh Pathak From the popup, click the Ignore button to confirm. Credit: Khamosh Pathak To do this from a Direct Message with the user you want to ignore, right-click on the profile name and choose the Ignore option. At first, you'll still see their name in your Direct Messages list, though. Right-click and choose the Close DM feature to remove them from the list. You can always access their DMs or profile again but going to the Friends > All section. You can also easily reverse ignoring someone. Go back to their profile and click the Unignore button next to the You ignored them notice. View the full article