Cashflow Idea No. 1. Use 'cashflow' sales checklists.For sales people, get them to ask every single customer to make another 'add-on' purchase with the one they've already made. A great way to do this is to have a shopping 'checklist' of what the customer could buy. Cashflow Idea No. 2. Use 'cashflow' payment checklists.For your administration team. Have a checklist of your customers and when their payments are due. Set up reminder...more
I have seen it all too often.Online Job seekers sign up for an Business opportunity and a Month or two Later they quit.I have seen some quit the same Day!You need to give your Home Business time to develop.I say this for several reasons.It might take a little time for you to decide what you want to do to make money on the internet. Why? Because most marketers who are new bounce from one business opportunity to the next until they find that "Goose...more
Last week, I traveled to beautiful San Diego for business and spent the day in a hotel restaurant that overlooked the harbor. With laptop in tow and cell phone in hand, I worked, without hassle.As the sun set, I took a stroll and it occurred to me that technology and the crazy pace of our world has caused us to work 24/7. Life's way too short for that.But, Passive Income holds the answer.Passive Income means that you earn money while you enjoy the beach, golf or the mall.Pursue these 5 Ways to Generate Passive Income:1. Real Estate InvestingAcquire a building; then you can collect rent. Other than maintenance and managing tenants (and you can outsource these activities if you like), rent is pure passive income.2. Sales - Good Old Fashion SellingAs a longtime sales professional, I like this flavor of passive income. Depending on the commission plan, you can establish an account, close sales now, and earn commissions for years to come. The key to earning passive income is the "tail." In other words, once you close an account, how long will the House pay you commissions?3. Intellectual Property (copyrights and patents)As a copywriter, I continuously create written materials. Once...more
In the first article of this series, I defined fraud, discussed how it can occur in a company, and provided some real-life examples of when and how it has occurred in the corporate world. (To read the first article, visit inlogik.com/12530+0+free-articles.htm.) In this - the second - article, we get down to nuts and bolts; how do you minimize fraud...more
I am finally reading "The 8th Habit" by Stephen Covey. It seems to be a great book so far. One of the nice things about this book is that it includes a website that has short videos about some of the topics, so you can watch the video and then go back to the book which makes the learning experience much better. One of the videos makes the...more
On January 26, 2006 we heard that the U.S. Department of Justice (DoJ) started a preliminary inquiry into SDL's July 2005 acquisition of Trados. We spoke with a person in the DoJ's Anti-Trust Division who told us that they had had come across news of the acquisition and felt they should look into it. At this stage it does not mean anything except that the DoJ wants to make sure that there were no violations of U.S. anti-trust law. Last year we wondered whether consolidation in the language services industry would attract the interest of the DoJ or Neelie Kroes, the E.U.'s European Commissioner for Competition. We applied the Herfindahl Index, a calculator used to determine industry concentration and whether there is a monopoly, oligopoly, or tendency toward one or the other. Our calculations showed that the language services market was just moderately concentrated, so we said that no one has to worry yet. How about the tools space? Last year we researched the entire language-centric tools industry. We found that it was a sub-US$100 million market characterized by mostly small firms with inadequate sales representation. The most accessible of the language technologies, translation...more
Most Americans have a problem with debt; the fact that the average household owes nearly $10,000 on their credit cards makes that pretty clear. And with interest rates and minimum credit card payments rising, consumers are finding their bills harder...more
The government provides loans to those individuals who have low to moderate income for permanent residence in rural areas. To qualify for these government loans is not that hard and the restrictions are small.The Federal agency that provides the...more
At tax time, most Americans find themselves expecting a refund. That's no surprise, as most people have too much money withheld from their paychecks. It would be a simple matter to adjust the withholding so that the amount of money withheld is...more
Did you know that it is very likely your company is a victim of fraud? In fact, it's probably happening right now! Fraud takes many forms - some obvious and well known, others subtle and unmarked. This two-part article sheds some light on the topic....more
What's the thing that seems to always happen every time you are finding it difficult to meet your credit card payments? You get slapped with a penalty fee. These fees or penalties seem to always happen just at the very moment you need them least....more
From television commercials to websites to expos and conferences, the call to become an entrepreneur is loud and clear. And it's no surprise. According to the latest research, owning a business has been cited as the number one goal of Americans...more