Does every business no matter how large or small need a presence on the Internet? Absolutely, and not just for the traditional reasons, but primarily because your website is an extension of your brick and motor, your home based business, or your business on wheels. Everyone in the business of making money can benefit from letting potential customers know who you are and what you're all about. Competition in the new millennium is unyielding. You...more
Let's face it: Most people spend way too much money on things they don't really need. The more money we make, the more we tend to spend. This endless cycle of materialism has led many people to confuse the word "need" with the word "want." As in, "we need a big-screen TV for our new home theater." Or, "I need a new pair of shoes to go with my new outfit."If you want to achieve your vocational passion, where every day you jump out of bed and can't...more
What do you expect when you buy a stock? We expect the stock price to go up so that we can sell at higher price than we originally bought them and take the profits. But many times things turn out not as we planned. What happens if the stock price does not go up but instead go down? It goes down 5%, 10%, 15%...50%.... If you don't cut you losses, you will lose your hard-earned money. You may face financial difficulty if you buy stocks on margin. This is the actual situation during the last few years when NASDAQ plunged from the peak of 5000+ points to 1000+ points. Imagine if you put your stop losses in place, normally about 10%, you are out of the wood and just lost 10% of your money.Nobody wants to sell a stock at a loss; it is a loser feeling. I have the same feeling many years back. I bought the stock at $18.00 and you ask me to sell at $16.20, no way! Yes, this is exactly what most investor would respond. When stock market crashes and if you don't stop loss at $16.20, you will be watching your stock plunging from $16.20 to $12.00, to $8.00, to $4.50 and 40 cents. This is why so many investors lose money, houses and cars. By applying this simple rule of cutting your losses, you...more
So you have seen a great opportunity and are about to get started. Where do you go from here? Before you dig in, I cannot stress enough the importance of a well laid out business plan. You might then be asking, how do I plan and set goals if I don't have a clue what I'm going to achieve and in what timeframe? This may be true, but your business...more
Most people mistakenly assume that when you talk about marketing, you're automatically talking about "Tactical" marketing - placing ads, generating leads, sending out mailers, attending trades shows, creating brochures, implementing a follow-up system, and so forth. They fail to realize that the "Strategic" side of the coin - what you say, how you...more
IntroductionIn this article, a presentation is made of the differences between major credit cards (http://www.chooseacreditcard.co.uk) and credit cards offered by specific stores to their customers. The purpose of this article is to provide a general overview of major credit cards and store cards to aid consumers in making decisions regarding which lines of credit lines would be the best for them in a given set of circumstances. In most situations, due to the higher rates of interest (http://www.chooseacreditcard.co.uk/lowstandardapr.html) charged by most store-specific cards, it is best for the budget-conscious consumer to consider forgoing those accounts in favor of a major credit card.With that said, we are not endorsing any particular credit card brand in this article. Rather, the materials presented are for informational and educational purposes only.General AvailabilityMajor credit cards are accepted in a wide variety of places and venues. Indeed, the major credit card companies make it a point of promoting how wide spread card acceptance is in this day and age.On the other hand, store-specific credit cards are good only at the issuing store.Where to ApplyIt is simple to...more
An introduction to Injection Molding.Every plastic product you see needs to be shaped, and the most common method is Injection Molding. Most people using their computer to read this give no thought to how all those plastic parts were formed. Or how...more
Many home-based entrepreneurs are gaining new ground with partnering arrangements. Although it takes many shapes, the core of the partnering concept is two or more businesses teaming up to achieve together what they can't do alone. Partnering with...more
Some call it the 30 second commute. We call it wonderful. What are we all talking about? Working from home, of course. There's nothing more satisfying than operating a successful business from your own home office. Believe us, we know. We tried...more
Many businesses lose money yearly because they don't think creatively about the future. They run their businesses doing what they think they should: dealing with customers, dealing with problems, ordering for their business, and paying their...more
The internet stands as the largest open marketplace in the world today, almost every possible product or service is being sold on the internet. With such an availability of potential monetary transactions, the preferred method of payment is the...more
There is an old expression you may have heard - to 'gild the lilly'. Basically, this means that if something is working fine, don't attempt to 'fix it', or 'improve it'. Chances are you will end up doing more harm than good. Nowhere is this more true...more