Successful marketing of a product or service rests on the effective market research. Marketing research is an answer to various questions that crop up in your mind regarding the product. Some of the questions are:- Will the product sell? - What is the proper distribution channel to be followed?- Is there a need for the product to meet any specific criteria? Once these questions are answered through proper market research, it becomes easy to...more
"The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment." ~Warren G. BennisWell, not quite. At least, not yet. But, automation is certainly the watchword as today's manufacturers face razor-thin profit margins, Just-In-Time (JIT) manufacturing and ISO-9002/QS-1000 quality standards. In fact, companies must automate in...more
The single most common mistake that a note holder makes when creating a note is that they fail to check their buyer's Credit Report. It seems so simple, but it is worth repeating "Most people fail to check the credit report of their prospective buyers!!" Can you believe this? Just by doing this one simple step can save you a bunch of money now and in the future. How so? First and foremost by checking your potential buyers credit score can help resolve your worries of your buyer's ability to repay their future debt to you. Heck, I don't know of any bank that would not check the credit score of any one of their customers seeking a mortgage. So why shouldn't you? The second benefit of checking your buyer's credit score is what if you should ever decide to ever sell your real estate note, trust deed, or owner financed mortgage for all cash? By knowing your buyers credit score would not only benefit you now, but it would also make your real estate note more valuable in the future.Here's why. The first thing a promissory note buyer/investor is going to require to sell your note is your payer's credit score! Your buyer's credit score is paramount to how much money you will ultimately...more
I know. I know you're excited about your new business. I know you have a great idea and when you tell others about it, they think you have a great idea, too. A great idea is the birth of a new small business.But as a self-employed small business owner, you can't afford to take chances on ideas without getting more information about what your...more
Most companies focus on developing a brochure, a slick 4 color tri-fold brochure with pictures, the name of their company, phone number, etc. That's actually how people treat it It's just a brochure with very little meaning. It's treated with low perceived value and usually ends up in the garbage. Most brochures developed are full of "me too" or...more
How you handle questions from an audience can often be thedeciding factor as to how your presentation is received. Ifyou're pitching for business, then it's absolutely vital tohandle questions well. 1. Be prepared for questions - When you write yourpresentation, think about what you're likely to be asked andwhat your answer is going to be. Maybe you won't want toanswer a particular question there and then, so think aboutwhat you'll say to satisfy the questioner.2. Make it clear at the start - You may decide to takequestions as you go or at the end of your presentation.Whatever you decide, make it clear at the start and don'tchange your mind. I would suggest questions at the end in ashort presentation; if you take questions as you go, thenyour timing will get knocked out.And always remember, an audience won't forgive you fortaking half an hour when you were only scheduled to speakfor fifteen minutes.3. Never finish with questions - Far better to ask forquestions five or ten minutes before the end, deal with thequestions and then summarise for a strong finish. Too manypresentations finish on questions and the whole thing goes abit flat - particularly if you don't get any.4. Listen -...more
Homeowner loans are loans that are given to borrowers who own a house. Homeowner loans are secured loans for which the borrower has to offer his house as collateral. If you avail a homeowner loan against your house which is already mortgaged, then...more
In this modern economy, lenders provide loans tailored to just about any situation. Balloon loans are one such loan, but carry a serious downside if you're not careful. Balloon LoansA balloon loan has nothing to do with hot air or floating around the...more
Using a mortgage broker to shop for home loans can make the borrowing process a lot less stressful than doing it yourself. Here are the nuts and bolts on getting a good broker.Competent Mortgage BrokersThere are a couple of obvious situations where...more
You can buy a Government home for you to live in, or simply to rehab and sell for a fast profit. These foreclosures are offered to the general public through real estate agents that specialize in the sales of government homes.HUD and the Veterans...more
A common mistake for almost all new work at home / home business beginners is the trap of trying to be all things to all people. They will take any job, even if it not what they set out to do, simply because the job pays money.It's tough to focus, we...more
The statistics show that more and more students are graduating from university with significant debt. The debt levels are growing year on year and many students will be paying them off for years after they graduate. It seems that the consumer...more