Accent Furniture or Occasional Furniture – The Difference

What is the difference between accent furniture and occasional furniture? Many people are unsure of this, but does it really matter and what makes an item ‘occasional’ or ‘accent?’ the terms are not truly definable, but can be explained by offering examples or by describing the function of each – so both ways are used here so that you can understand the relative terms when you hear them used.

Accent or Occasional Furniture – Does It Matter?

Does terminology really matter? Generally no, but it can do if people use the term to you in conversation or even when you are looking for new furniture for your home. However, in general terms it does not matter at all whether your table is described as an accent table or an occasional table.

In some cases occasional and accent furniture can be the same – but to say that, the definition of these terms must first be agreed. The term ‘accent’ should be easy to understand – just like an accent in language, furniture of this type should emphasize a certain style, such as a statue of the jackal-headed god Anubis in an Egyptian-themed room – a home accent need not be furniture!

Examples of Occasional Furniture

Coffee tables and end tables are examples of occasional furniture. There are alternative definitions for this type of furniture, the two most common being furniture that is used ‘on an occasion,’ and furniture that is used only ‘occasionally.’

Each of these definitions is so broad, that they could practically be said to be fundamentally the same. The former definition would include coffee tables, used on the occasion of drinking coffee – or any other beverage or drink. It would also include all furniture used in a lounge used only when visitors arrive, or even in a spare guest room. Definitions are a poor way to describe furniture.

The second definition used ‘occasionally’ would refer to exactly the same furniture, but also include rockers, particularly the old-style hickory rockers that you might use occasionally when in the mood. You might occasionally use an ottoman to sit on if all the family arrived to visit. Quite frankly, definitions are needless when people know what occasional furniture is.

It is not a sofa or armchair, and is not a dining table or a bed. Fundamentally, occasional furniture comprises the minor pieces that support the principal items of furniture in a room. The tables mentioned above are two examples, as are other functional pieces such as the lift chair that is used only when an elderly relative visits or chest, nightstands and ottomans that are occasionally in use.

Examples of Accent Furniture

Often referred to as ‘accent pieces,’ accent furniture is used to add character to a room or to emphasize a theme – such as the Anubis statue mentioned earlier. A chess table used for decoration is accent furniture, as is a decorative small round table holding a vase of flowers or a reed diffuser. An accent piece is generally smaller in size than the main furniture in a room, and often has little practical use other than a decorative one.

A small table in an entrance hall is accent furniture, along with a chest in a hallway and a large free standing globe in a home office. It sets a theme or a mood, emphasizes a trend or even complements the purpose of a room such as an ornate oriental footstool in a living room.

These are definitions of accent furniture and occasional furniture in the eyes of many people, but if you asked any individual for their own definition they would either be unable to answer or would likely offer a different one.

You can use accent furniture to complement the decorative style of a room, and this type of home furniture is most commonly found in living rooms, dining rooms, bedrooms and hallways. It is rare in a kitchen, since most kitchen furniture is functional, and even rarer in bathrooms although large bathrooms can be enhanced by accent furniture in the form of free standing toiletry racks or carousels for lotions and decoratively colored bath salts.

Much occasional furniture is completely functional and used regularly, such as ottomans used with recliners and coffee tables that are in daily use. The terms are given, not to define the pieces, but to establish a compartment that separates such smaller items from the larger forms of furniture common to specific types of room such as the jewelry cabinet from the dresser and the end table from the sofa.

How you define the respective terms of occasional furniture and accent furniture is your choice – there is no rule, and in this case definitions do not really matter.

Do You Know Your Objectives in Networking?

Networking is Much More Than Socializing

Casual networkers view networking as a form of socializing without focus and without goals. Effective networkers view it as a process of relationship building with very clear goals and objectives.

Business networking, like any other business activity, must be a productive use of time. To maximize your networking effectiveness, you should therefore clearly define your goals and objectives.

Following are some of the most common objectives for business networkers:

Broaden your exposure in the marketplace and create a positive impression on as many people in your business community as possible.

Identify those who might be prospects for your products or services

Build relationships with those who offer products or services that might be of value to you or your clients.

Build relationships with those who might become referral or strategic partners.

Build relationships with those who are influential in your business community.

Build relationships with those who can further your career.

Build relationships with those who might provide business counsel or become advisors or mentors.

Those with whom you network are experts in their fields. They can answer questions about their area of specialization, share their business experience and knowledge, and may in some instances become mentors. No one can know all there is to know about business and the advice of others can at times be extremely valuable. Networking at trade association expos and conferences will allow you to meet executives from other companies who might some day be your employer or be able to recommend you for an opening they have heard about. Earning the respect of those in your local community can lead to offers when positions become available. We have all heard the idiom: “It is not what you know, it is who you know that counts.” Building relationships with the most influential members of your business community is a key to your success.

Referral partners are individuals who are able and willing to send you referrals in exchange for your help sending referrals to them. To find them at a networking event, you must have carefully thought through who the best referral partners for you might be. You must also have a strategy for turning a casual meeting into an opportunity to develop the relationship. As a business person you and the firm for which you work have needs for a wide variety of products and services. Networking is an effective way of meeting those who provide these products and services in your local community. Your customers also need a variety of products or services for business and personal use. If you can direct them to reputable providers of those services, you will be more valued as a resource and their loyalty will be enhanced. Keeping your client’s needs in mind as you meet others at networking events, should be a habit you develop.

Most view this as the primary objective of networking. To identify prospects and create sales opportunities, you must be prepared to describe your business and its benefits clearly and succinctly. You must also be ready to qualify “suspects” and, if necessary, present your Unique Selling Proposition. The goal of an initial networking contact is not to close a deal, it is to create a follow up opportunity. Networking is an extremely effective way of creating awareness in your business community. For many start up companies, it is the only form of marketing that can be afforded. Fortunately, networking can also be the most effective form of marketing available.

Most business professionals view networking as a means of marketing their business, but overlook some of the other objectives that may be equally or even more important. Too much emphasis on selling at networking events can leave a negative impression. If you want to make a positive impression, make sure the discussion centers on them, not you.

What goals and objectives have you set for your networking activities? Which are most important? How will you measure your success? Like any other business activity, you must approach your networking with goals and a plan to achieve them.

Types of Businesses – Definition of Business Types

A man is known by the company he organizes. – Ambrose Bierce

[Types of Businesses] – Owning your own business is a major part of having great economic success in a capitalistic society. There are many types of businesses to choose from so one of the first decisions you’ll make is the type of business to open. There are several options to explore for the structure of your business. This article will give you the definition of three of the most popular business types. These types of businesses are: (1) Sole Proprietorship, (2) Corporation, and (3) Limited Liability Company.

(1) Sole Proprietorship – individual ownership and operation of a business.

A sole proprietorship is not a separate organization and does not have any formal requirements for formation. The individual simply begins doing business. Most sole proprietorships are small businesses, and initially their business capital needs are small. Typically, the individual provides the funds. In order to get financing, a sole proprietor takes personal financial risk. The income of the business is the income of the sole proprietor and is reported on the individual’s income tax return. The proprietor is the manager of the business. The business can be transferred only if the owner allows it.

(2) Corporation – any entity formed by statue that has rights of a legal person along with limited liability for its shareholder owners.

Formal public filing is required to form a corporation. A corporation may use short-term financing or debt and equity financing. Limited liability for shareholders is one of the advantages of corporate organization. Corporations have the tax consequences of double taxation. Many shareholders may own a corporation but the board of directors controls the operations. Shareholders have the opportunity to express their views at the annual meeting by electing directors who represent their interests. A corporation can be dissolved voluntarily or involuntarily.

(3) Limited Liability Company – newer form of business organization in which liability is limited except for conduct that is illegal.

An LLC is formed by filing the articles of organization with a centralized state agency. Members of an LLC make capital contributions in much the same way as partners make capital contributions. Members of an LLC have limited liability; the most they can lose is their capital contributions. The LLC does not pay taxes; income and losses are passed through to the members to be reported on their individual returns. Members of an LLC adopt an operating agreement that specifies the voting rights, withdrawal rights and issues. A member’s LLC interest is personal property and is transferrable. Most LLC statues provide that the LLC dissolves upon the withdrawal, death, or expulsion of a member.

The definition of these business types is just the beginning of understanding how to fully utilize each structure. Because there are several types of businesses it is important to know the advantage and disadvantage of each. The type of business you organize will determine a lot about how you reduce liability, protect your assets and pay your taxes. Defining the business type for you is important in “Creating Your Own Lane” in business success.

Catering Business Profits, Earnings and Salaries – How Much Money Can You Really Make?

Many people have turned their love of cooking and entertaining into a good living by starting catering businesses.

Catering is a multi-billion dollar industry in the U.S. and as one of the fastest growing segments of the food and beverage industry, the catering business offers great opportunities for those wanting to start a small business with a low start up cost.

In this article we will look at catering business profits, earnings and salaries and how much money it is really possible to make in this industry. Then we will examine some of the things that separate the really successful players from the amateurs.

Is a $100,000 Yearly Profit Possible in Catering?

Many people consider a $100,000 pre-tax salary or profit to be a benchmark for success and they wonder if they can reach this level of earnings in catering.

Most small catering business owners who put in the effort can expect to earn between $20,000 and $40,000 profit per year for the owner during the first couple of years. After a couple of years in the business, you can easily scale up to earning a ‘six figure’ annual income from catering.

Tips for Getting to the ‘Six Figure’ Level

1) Forget catering from your home kitchen if you want to get to this salary level. Business savvy caterers do volumes that require them to either rent commercial kitchen space by the hour, arrange access to restaurant kitchens during off-hours or focus on ‘on-premises’ jobs only and use the kitchens of their clients.

2) Successful players love spending time creating menus, following food trends and interacting with people without neglecting the business side of catering.

3) Start to create a powerful brand right from the start with your logo, company values and unique service that will grow into a valuable asset that allows you to command a premium price for your catering services in the market.

4) Develop systems for every part of your business to streamline day-to-day operations. Analyze the way that you and your staff work and strive to increase productivity.

5) Understand that there are ‘niche’ markets within the catering industry that you would never think of until you really start looking. Top caterers find these untapped opportunities, and carve out a business catering to the specific needs of these groups.

6) Perfect the process of consulting with new clients and learn how to politely up-sell them on some of your more expensive offerings.

7) Realize that you are leaving money on the table if you don’t also up-sell additional event related services to your customers.

8) Learn how to hire, train and organize a small team to assist you with food preparation, delivery, service, and even sales if you want a realistic chance of getting to an income level above $100,000.

9) Don’t neglect traditional advertising methods but also pursue other modern marketing methods such as networking, cross promotions and guerrilla marketing.

10) Successful caterers also recognize the importance of customer referrals. Customers may introduce friends to you because they like your food and services but there are also other ways to get them talking about your company.

To get started on the right track, do as much reading as you can about general small business management and the catering business specifically. Many highly successful caterers have published start up guides and you have a chance to learn from their mistakes instead of making your own and you can benefit from their expert advice and insider tips.

It is possible to make a lot of money in the catering business if you put in the effort. Reaching a level of earnings that will allow you to make a ‘six figure’ salary from your catering business is entirely possible within your first two years in business.