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8 Tips For Creating A Brand Identity With Your Unique Design

If you’re in a creative business, use these eight tips for developing a brand identity with your unique design and creative flair.

Published

4 years ago

October 16, 2020

TwinzTech

Creating a powerful brand identity is vital for any modern business. For creative businesses like marketers, jewelers, and artists, the expectations are high. If you’re in a creative business, use these eight tips for developing a brand identity with your unique design and creative flair.

Table of Contents

1. Create a Truly Custom Logo

There are many simple options for creating a logo. To create a unique brand identity, you should ignore all of them. A Canva or Fiverr logo is not for your business.

Instead, create a truly custom logo from scratch. Work with an original designer who will incorporate your unique qualities or develop something internally.

2. Tie Your Branding into Your Product

If you own a creative business, you can tie your branding into your product. For example, if you’re developing a brand in the laser etching industry, your logo could look like a laser engraving. This design would work well in digital settings and translate well to the physical product.

Know Your Brand Identity

Your brand should tell people who you are and what you do. The more creative you can be, the better.

3. Know Your Brand Tone

Consider the tone of your brand and how you want to be perceived. If you want your brand to be high-fashion, elegant, and luxurious, your logo and designs should reflect that. Conversely, if you’re going to be more rustic, casual, and accessible, your brand elements will look significantly different.

4. Do Customer Research

Remember that your brand isn’t all about you; it’s about connecting with customers. Do customer research to determine who your ideal customer is and what they want. Consider every aspect of their existence, from their income to their style preference. Build your brand around what appeals to them.

5. Create Cross-Channel Consistency

When using your unique design to build a brand, consistency is key. It would help if you conveyed the same imagery and tone across the various channels through which you connect. Whether it’s Etsy, Instagram, or trade shows, ensure that you’re using the same logo, colors, and voice everywhere.

6. Consider Color Psychology

Designers and creatives know better than anyone that color has a profound impact on customers. Use color psychology when creating your unique branding designs. Work with a color wheel to create a color scheme that suits your brand. Use those colors in everything from the logo to packaging.

Tie Your Branding into Your Product

7. Consider Forms and Shapes

The forms and shapes you use in your design also impact how your brand is perceived. Consider the FedEx logo, which uses negative space to showcase an arrow moving forward. These subtle touches make a huge statement.

Think about your products and the lines and shapes you use in your designs. Translate that signature look to your logo and branding elements for powerful consistency.

8. Create a Powerful Brand Experience

Finally, while your unique design and tangible elements are essential, they aren’t everything. Your brand’s logo and typography are just a recognition point; the experience behind them is what matters.

Dedicate your efforts to associating your visual branding with fantastic customer experience. The goal is to have people recognize your brand and say positive things about their experience with your products and your business.

Keep these eight tips in mind when creating a brand identity with your unique designs. Remember to be authentic and genuine to your creative self.

Business

Navigating the Process of Selling Deceased Estate Shares

This article aims to provide a comprehensive guide to selling shares from a deceased estate. Process of Selling Deceased Estate Shares.

Published

7 days ago

May 9, 2024

TwinzTech

Navigating the Process of Selling Deceased Estate Shares

Table of Contents

1. Understanding the Basics of Selling Deceased Estate Shares

Dealing with a deceased estate can be a challenging and emotional process, especially when it comes to handling financial assets like shares. This article aims to provide a comprehensive guide to selling shares from a deceased estate.

2. What are Deceased Estate Shares?

Deceased estate shares refer to the stocks and shares that were owned by an individual who has passed away. These shares become part of the deceased’s estate and are subject to the terms of their will or estate plan.

3. The Importance of Valuing the Shares

The first step in selling deceased estate shares is to obtain a current valuation. This valuation is crucial for several reasons: it helps in distributing the estate among beneficiaries, it may be necessary for tax purposes, and it gives an idea of the market value of the shares.

4. Legal Requirements and Executor Responsibilities

The executor of the estate plays a pivotal role in the management and distribution of the deceased’s assets. This section will cover the legal responsibilities and steps the executor needs to take to lawfully sell the shares.

5. Obtaining Probate

Before any action can be taken with the shares, it’s often necessary to obtain probate. Probate is a legal process that confirms the executor’s authority to deal with the deceased’s assets.

Transferring Shares into the Executor’s Name

Once probate is granted, shares may need to be transferred into the name of the executor. This process varies depending on the company and the type of shares.

6. The Process of Selling Shares

After completing legal formalities, the executor can proceed with selling the shares. This section will outline the steps involved in this process, including choosing a brokerage or financial service, understanding market conditions, and making informed decisions.

Deciding on the Right Time to Sell

Timing can significantly impact the returns from selling shares. Executors need to consider market conditions and financial advice to determine the best time to sell.

Completing the Sale

This subsection will detail the actual process of selling shares, including placing orders, handling transaction fees, and ensuring all regulatory requirements are met.

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7. Navigating Tax Implications and Reporting

Managing tax obligations is a critical aspect of selling deceased estate shares. This section will explain the potential tax implications and the importance of accurate reporting for both capital gains tax and inheritance tax considerations.

Understanding Capital Gains Tax Responsibilities

When shares are sold, any profit made from the time of the deceased’s passing to the sale date may be subject to capital gains tax. Executors need to be aware of these implications and plan accordingly.

Inheritance Tax Considerations

In some jurisdictions, the value of the deceased estate’s shares might impact inheritance tax calculations. It’s essential for executors to understand these aspects in order to ensure compliance with tax laws.

8. Common Challenges and How to Overcome Them

Selling deceased estate shares can present unique challenges. This section will discuss common issues such as disputed wills, fragmented information about the shares, and market volatility.

Dealing with Disputed Wills and Beneficiary Disagreements

Disputes over the will or disagreements among beneficiaries can complicate the process. Executors must handle these situations delicately and legally.

Managing Market Volatility

Shares can be subject to market fluctuations. Executors should be prepared for this volatility and may need to consult financial advisors to navigate these waters effectively.

9. Tips for Executors Handling Deceased Estate Shares

This section will provide practical advice for executors, including the importance of seeking professional advice, keeping thorough records, and communicating clearly with beneficiaries.

Seeking Professional Financial and Legal Advice

The complexity of selling shares from a deceased estate often necessitates professional advice. This can range from legal counsel to financial advisory services.

Record Keeping and Communication with Beneficiaries

Maintaining transparent and thorough records is crucial. Executors should also prioritize clear and consistent communication with all beneficiaries to avoid misunderstandings.

Conclusion

Selling shares from a deceased estate is a responsibility that requires careful attention to legal, financial, and interpersonal dynamics. By understanding the process, staying informed about tax obligations, and tackling challenges head-on, executors can fulfill their duties effectively and respectfully.