Starting a business without any capital is a daunting task. How do you pay your staff? Where do you find money for stock? What can you do to improve cashflow? These are just some of the questions you'll face. Read on for a few ideas that helped me in my first year.Insist on Deposits (To Cover your Expenses)Deposits are a great way to finance your company without every approaching a bank or a venture capitalist.Especially in the service industry,...more
Being in debts is not a crime. This is what all consumers should keep in mind before they start taking loans and credits. But the fact remains that most debtors take loans often going beyond their affordability and fail to make the payments. What is required is a little awareness on debt related issues along with a planned budget that will help you to resolve your debt problems. Here are some useful tips to guide you when you are in debts. Try...more
It happens, that's all I can say. And in order to continue freelancing and work from the comfort of your own home, you'll have to accept it. One of the biggest perks about working from home is being able to organize your time and dictate your own schedule. The biggest problem we will have is sadly, payment. If the project is already confirmed and better yet, if there are documents and agreements signed between you and client, you can safely pursue this client by dropping bomb-sized hints via email. The excuse of 'My boss is harassing me about your payment' is cannot be used because you're the boss! But you can say things like "I was just wondering ." Or "No rush but when can I expect the payment" or "My computer needs an upgrade and I plan to do it tomorrow. Can I get the payment soon?". And perhaps, you can also say things like ."I heard a hurricane hit your State. How are you doing? I hope you're doing well". Sometimes, when you voice your concern about their wellbeing and health, they will start feeling guilty and pay you. Telling the clients off won't work too well in your favor because you still want their business, so, don't tell them off. Maybe they are trying work some...more
In his book, "Super Prospecting: Special Offers and Quick-start Systems", Tom "Big Al" Schreiter tells the story of an old lumberjack who observed a young lumberjack laboring to chop down a tree. After watching the youngster work himself to nearly exhaustion without accomplishing much, the old man said, "Looks to me like it'd be easier if you...more
One of the easiest ways to get a work at home job is to get your boss to allow you to telecommute at least part of the time. There are benefits to both you and the company you work for in most cases, so you need to do some research and write a good proposal if your company does not already have a telecommuting policy in place. The first thing you...more
Customer Lifetime Value (CLV) can get a little tricky, but I'll try to make it simple. By now you've probably heard the term yet may not fully understand how to use it effectively, if at all. That's because every "Tom, Dick and Mary Marketer" have done their best to make it more complicated than necessary.The hardest part of calculating CLV is figuring out exactly what your customers' "lifetime" really is . and the only accurate way to arrive at that number is by getting, storing and analyzing your customers' data. Period. If you've been in business for a while, this should be easy to get, but if you're a start-up you're going to have to estimate this based on industry standards.Although there are several ways to arrive at CLV, the easiest is to calculate:1. The average length of time a customer stays your customer2. The number of transactions that an average customer will have with you during that time and3. The average dollar amount per transactionMultiply these together and you'll arrive at a usable number. But remember, junk in, junk out so make sure your original numbers are accurate!Once established, you can use your CLV as a benchmark for developing a realistic customer...more
IN MLM, starting a conversation with anyone about Network Marketing is so easy, but yet we seem to make it difficult. We seem to hesitate and wonder what to say or do, and we often miss the chance to talk about our business to people who truly would...more
Christian business opportunities can literally transform your life. You'll be able to balance your personal and professional responsibilities, increase your sense of financial security, and integrate your Christian beliefs into your workday. With a...more
Investors and traders around the world are looking to the Forex market as a new speculation opportunity. But, how are transactions conducted in the Forex market? Or, what are the basics of Forex Trading? Before adventuring in the Forex market we need...more
It's best to have the goal in mind - the sale. So let's start from the end and work backwards. 1.How to make the sale? Get all the powerful people - especially the most powerful person to commit to your offering. This is the person with the ability...more
For those of you involved in the freight industry who have not yet used or heard of an online freightloadboard yet, let me tell you that you are missing out on a an incredable industry efficiency tool. An online freight loadboard is just that... it's...more
How difficult is it to make money trading the Forex market? How much time does it take to actually be able to make a living trading the Forex market? These and other important aspects of trading are to be discussed in this article.Trading the Forex...more