May
17
BE PREPARED WHEN BUSINESS INVESTORS LOOK BEYOND THE NUMBERS
"Here's a quick review of items you should expect business
investors to look into beyond their analysis of the financial
statements..."
Let's say you have spent a year seeking an investor to invest in
your business venture; you spent considerable time pulling your
business plan together, contacting potential investors, making
management presentations, and now all you have to do is get past
the investor's due diligence.
*** What ...Read the rest of this entry »
May
16
Consider the scenario of a business-networking event. These are superb sources of leads and referrals that can be the lifeblood of your business. The business skills you develop in this arena can easily be applied in any business scenario. Assume you have engaged in conversation with a good potential contact. Once you have created a positive first impression start the interesting chat about various areas of common ground. By careful listening, you may identify an opportunity to do some business ...Read the rest of this entry »
May
15
Starting a home-based business on the Internet is easy you say.
You have your web page built, your affiliate links and you're
ready to go. Not really, you need to make sure you have all your
i's and t's crossed when it comes to taxes.
Getting Started
First, you will need to register your business name with the
city government. When I registered my business name with the
city I was charged $11 -- so expect to pay a small fee when
filing this legal document with your local goverment.
Second, you ...Read the rest of this entry »
May
14
E-commerce may be revolutionizing the way the world does
business, but it shouldn't change your approach to writing a
business plan. Whether you're starting a Web store from scratch
or taking an existing outfit online, the basic elements of your
business plan will be no different from a traditional
small-business plan.
Those basic elements, according to the Small Business
Administration, are a description of the business, a marketing
plan, a management plan and a financial plan. Consider ...Read the rest of this entry »
May
13
When deciding what kind of internet business you want to do,
there are a few factors you need to look at before plunging into
building your website.
a) TYPE OF BUSINESS
The first thing you need to consider is exactly what kind of
business you want to build. There are generally two types of
internet businesses out there: a full-fledged online store
selling a product or service, or an informational website
earning income from affiliate commissions and advertisements.
i) You might want to consider ...Read the rest of this entry »
May
12
Did you know that you can make money on the internet without
ever selling anything? There are very few home based business
opportunities that are easier or cost less than affiliate
marketing. There are businesses and people earning thousands of
dollars each year doing affiliate marketing. The business plan
is simple. Your clients are already established online
businesses selling a wide array of products and services. You
get paid for bringing customers to your client which is the
website you ...Read the rest of this entry »
May
11
Business Consulting is an excellent work-at-home business. It
offers the benefits of low start-up cost, ease of entry, high
income potential, home-based and operated world-wide, potential
for residual income and recurring and/or passive income.
If you have some knowledge and expertise in your field, many who
lack your knowledge and skills would gladly pay for your
services. The big money comes from performing services for
businesses instead of individuals.
Today, information is King, especially ...Read the rest of this entry »
May
10
If you are not re-investing your profits in your business, you
are killing your business. Your profits should be put back in
your business for growth, not buying your groceries.
Granted, you need to eat, but if you have started a part-time
business, and you have another source of income, you need to
re-invest most of your profits back into your business.
Re-invest for growth. When your business grows, then you can
start taking a profit.
Marketing expert Jeffery Fox calls this 'paying steak and ...Read the rest of this entry »
May
9
Companies have long considered data collection and analysis to
be fundamental activities for long term strategic planning.
Before the rise of the Information Age, most decision making was
based on guess-work or trial-and-error practices. Businesses
seeking to achieve a sustainable advantage over their
competition quickly turned to information management systems for
detailed data analysis. These systems and methods have evolved
to what is now known by the broader term "business intelligence"
or ...Read the rest of this entry »
May
8
You want to start an online business,but you realize that you
don't have a product,a web site, or prior experience. You now
ask yourself, where do I start? Start with affiliate programs.
What is an affiliate program?
An affiliate program is a program set up by a company that sells
products or services. When you introduce new customers to the
company you receive a cut of the profits,in other words a
commission of the sales made.
Some companies pay you for sending them leads. Others pay ...Read the rest of this entry »