US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.

Optimal Web Design: a Delicate Balance Between Aesthetics, Usability, and Accessibility

Having designed and developed websites for over 25 years, I must confess the biggest gripe I have when it comes to dealing with clients: their obsession with aesthetics. Hold on – what’s wrong with that? Surely I’m forgetting the “design” part of web design by complaining that clients focus too intently on how the site actually…looks? No, I’ve not forgotten – it’s just that aesthetics need to be balanced with usability and accessibility considerations too, and that if a client becomes too focused on aesthetics, their site can concede too many usability and accessibility features in the process.

The advantage aesthetics have over usability and accessibility is that it’s visual, whereas the latter two are often “invisible”: they’re not obvious, yet they can severely affect the level of success a website can hope to achieve.

Before we go too far, let’s get definitions of two words that are already popping up a lot in this article.

Usability
This term is fairly self-explanatory: usability concerns itself with how easy a website is to use. A website with strong usability is easy to navigate while making it easy for the visitor to do stuff (e.g. buy something, find out certain key information).

Accessibility
This term has two chief aspects to it: 1) how accessible a site is to people, particularly people with disabilities. 2) how accessible a site is to all devices.

On point 1), a site might be inaccessible if you can only navigate it by mouse, or if images do not have alt text, so blind people can’t have the images described to them via a screen reader.

On point 2), a website might be considered inaccessible if it doesn’t provide small-screen devices with a single column layout (therefore the text is very small, and you have to pinch-and-zoom to read it).

Suggested article: Directory of Web Design and Development Related Websites

So what kind of problems can too much focus on aesthetics cause?
Some common problems that come to mind:-

custom fonts that are hard to read
imagery in the header area that pushes the actual content of the page way below the fold (“below the fold” is the part of the page you have to scroll to see).
“mystery meat navigation” – navigation that’s hidden away, and you only know something is a link when you hover over it with your finger or mouse (usually these are images)
layouts that require horizontal scrolling
These are just some examples. They are usually part of a concept that the client has in their head. For example, a client might say “I’m imagining my site where each page looks like lined paper, and all the text will be displayed as a handwritten font”. There’s nothing wrong with such an idea per se, but problems can arise when the content of the site doesn’t match the design. For example, text as scrawled hand-writing can work very well with short-form content, but people will struggle to read it if it’s long-form.

There’s certainly a time and a place for conceptual ideas to be developed as web pages, but the typical client of mine is a small business that needs their site to perform specific tasks: to make it as easy as possible for someone to buy something, sign up to a service, sign up to a newsletter. Achieving these goals means balancing aesthetics with usability and accessibility so that they can create an optimum experience for the visitor.

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Established websites focus a lot on usability and accessibility
You only have to look at the big platforms like Google, eBay, and Amazon to know how much time and money Big Tech throw at making their own websites as accessible and usable as possible. These sites aren’t using conceptual designs or trying to “wow” the visitor with eye candy. I often cite these examples to prospective new clients.

Hold on – most sites use templates now – isn’t usability and accessibility baked in?
For sure, there’s a lot of issues that are ironed out by the underlying website template. For example, HTML structure (headline tags et al), and responsive design are included in most templates these days. However, the content itself can cause issues. A client adding large images to the top of the page can push text down the page – even the title of the page can end up below the fold. Their navigation titles are vague or outright misleading. Moreover, not all design templates practice good usability and accessibility. Many layouts flagrantly ignore good web design practices. This is the issue where clients say “I really love the look and feel of this design template…”, and you know you’d have to turn it inside out to make it a useable and accessible website. I’ve put many a design template through an ahrefs.com audit only to see it get a very low score, and realize the amount of work I’d need to get a score of 95%+ isn’t worth the trouble. In summary, not all templates are the same. Some are very considerate toward usability and accessibility, others don’t even know these concepts exist.

Making it clear to clients
Of course, I don’t get in a war of words with clients. I explain what I can do for them, and what they need to look out for when it comes to maximizing their website’s potential. Actually, it’s more often the case that as soon as their website goes live, they then start to focus heavily on site performance – which is like the lightbulb moment for them: they’re reeling off their basket abandonment stats, their page bounce percentages, their conversion rates. And thus, often without knowing it, they start to optimize their site’s content to further help their visitors achieve the aims they are trying to achieve.

Purchase Order & Letter of Credit Financing

Many business opportunities come with an associated challenge. For most entrepreneurial businesses, the greatest challenge is financing the business opportunities created by your sales efforts. What are your options if you have a sales opportunity that is clearly too large for your normal scale of operations? Will your bank provide the necessary financing? Is your business a startup, or too new to meet the bank’s requirements? Can you tap into a commercial real estate loan or a home equity loan in sufficient time to conclude the transaction? Do you decline the order? Fortunately there is an alternative way to meet this challenge: You can use Purchase Order Financing & Letter of Credit financing to deliver the product and close the sale.What is purchase order financing?Purchase order financing is a specialized method of providing structured working capital and loans that are secured by accounts receivables, inventory, machinery, equipment and/or real estate. This type of funding is excellent for startup companies, refinancing existing loans, financing growth, mergers and acquisitions, management buy-outs and management buy-ins.Purchase order financing is based upon bona fide purchase orders from reputable, creditworthy companies, or government entities. Verification of the validity of the purchase orders is required. The financing is not based on your company’s financial strength. It is based on the creditworthiness of your customers, the strength of the commercial finance company funding the transaction, and in most cases a letter of credit.What is a letter of credit?A letter of credit is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount. If the buyer is unable to make payment for the purchase, the bank is required to cover the full amount of the purchase. In a purchase order financing transaction, the bank relies on the creditworthiness of the commercial finance company in order to issue the letter of credit. The letter of credit “backs up” the purchase order financing to the supplier, or manufacturer.Is purchase order financing appropriate for your sales program?The perfect paradigm is a distributor buying products from a supplier and shipping directly to the purchaser. Importers of finished goods, exporters of finished goods, out-source manufacturers, wholesalers and distributors can effectively use purchase order financing to grow their businesses.Is purchase order financing appropriate for growing your sales orders?Purchase order financing requires you to have management expertise- a proven track record in your particular business. You must have bona fine purchase orders from reputable firms that can be verified. And you must have a repayment plan; often this is from a commercial finance company in the form of accounts receivable or asset-based financing.You should have a gross margin of at least 25% to benefit from purchase order financing. Sellers of services or commodities with low margins, such as lumber or grain, will not qualify.The bottom line decision for purchase order financing:It can take two or more years to develop a profitable business. Banks generally base their lending limits on a business’ performance for the past two or three years. Purchase order financing, combined with letters of credit and/or accounts receivable or asset-based financing can give you sufficient funds to cover your operating costs, financing costs and still realize significant profits. If you qualify for purchase order financing, you can grow your business by taking advantage of large purchase orders and eventually qualify for bank financing.Copyright ©2007
Gregg Financial Services