If you're like most people, it's hard to make ends meet with just one income. If you are married, both partners must work, spending countless thousands of dollars on childcare and business clothes. To offset their monetary deficit, many people are looking into getting started in their own home business. Both full-time and part-time home businesses can be operated from the comfort of your own home.Some people are making extra money to pay for...more
What is required to be successful in your home business? Before we can answer, you must understand what "success" means and what common characteristics successful people have. If you are reading this article, you probably want to be successful and possess a strong sense of perseverance which will pay off in achieving your dreams. The truth is that only a small percentage of people will ever achieve their full potential, and those who do are the...more
You may operate a home business selling services or products, but no matter which kind of business you're in, there's always a question in the back of your mind: will my home business succeed or fail, or do I have the motivation it takes to keep it afloat? Whichever type of home business you have, it's important that you know ways that you can keep your business going during slack times and/or economic downturns. If cash flow is a problem in your business, you should be sure to make certain that your money management techniques are on target and well refined.Some of the things you can do to make sure your business will survive in the 21st century is to avoid impulse expenditures. There are many reasons for impulse spending, even as it applies to business. We may fall under the persuasive spell of a salesperson who has talked us into buying things we don't need. Maybe we simply made impulsive purchases because we had a little extra money, or perhaps to keep up the appearance of prosperity. Then you realize a few days later that you've committed some of your business funds to products or services that are not necessary for the success of your business."It is not because things are...more
You know, this would be a great business if it weren't for having to deal with people all the timeĀ OK, so maybe I've exaggerated things a bit, but we've all certainly heard that saying before. Why does that sentiment ring true for so many folks? Obviously it's because of all the people challenges we're presented with in our business. Virtually...more
Most one-person businesses don't flounder because their products or services are below par. They struggle because their owner's lack of business skills or business practices gets in the way of being profitable.Are you making these big mistakes?1. You don't tell people what you do in a way that helps them buy. People buy when they understand what...more
How You Can Make Advertising Pay Big Dividends (source: www.chetholmes.com)McGraw Hill once commissioned an extensive study to determine what marketing weapons make a company famous in it's market or community. The study went on to show that advertising created more product, service, or brand awareness than all other marketing weapons combined. The fact is, we know that Coke is "The Real Thing" because Coke advertises, not because it has good salespeople or does great direct mail.Advertising stays in front of your prospects when you can't be there. While a handful of salespeople can only be in front of perhaps a hundred or so prospects per month, advertising can reach thousands of potential buyers each and every month, week, or day. Studies also show that advertising inspires confidence from your current clients. When current clients see your ad, it reinforces their belief in you. It makes them feel like they made the right decision to be your client. But advertising can also waste money if you don't use it properly.To avoid wasting money, keep these three tips in mind. Don't spend money on an advertising vehicle if the majority of its listeners/viewer/readers will never buy...more
When it comes to investing, leave your emotions out of it. When it comes to many areas of your life you can rely on your emotions and instincts or gut feelings. But when it comes to investing in the stock market this is a big mistake. Not many people...more
Synergy: {n} The working together of two things to produce an effect greater than the sum of their individual effects.Most businesses operate on two distinct levels: Human Systems - Those systems that are concerned with or operated by people. Process...more
Debt is a problem that is ever increasing in our society today. Offers for credit cards coming in the mail is happening more and more often, interest rates are appearing low, and borrowing money seems like the "smart" thing to do at times. However,...more
Small business success is very similar to learning to walk, talk and spell. The basics have to be understood before moving on to the next step. I am blessed to have twin 2 year old girls in my life and am amazed constantly how much I learn from...more
Everyone hates late fees and being late will cost you dearly these days. For some credit cards today, if you are late, you will have to shell out as much as $40 each time. This can put a nice sized hole in your pocket really quick.Below, I will...more
SECURED CREDIT CARDS Secured Credit Card is similar to a prepaid credit card since the funds you are using are actually yours and not the issuer of the credit card. Generally people who apply for secured credit card or prepaid credit card are people...more