sgtwalk's Blog

Category Home business Plan

February 24, 2008

Home Business Jobs Review

 

Eight out of ten new businesses fail in two years or less. One of the top reasons is they do not accurately see the financial future of their business. Before you even begin to write your business plan, regardless of the type of business, you will need to have an accurate vision of what your personal financial needs will be once you start your own venture. You cannot base you needs on your current earnings, as there are other factors to calculate into the total such as health insurance, business licenses and other business-related costs.

While some of the costs of start-up will be one-time fees or will represent annual costs, other will be monthly and weekly costs. The first step is to determine what you and your family needs to meet your obligations including rent or mortgage payments, utilities, food and typical household expenses. If your spouse is the one handling the family's financial affairs you will need their input in determining your minimal monetary needs. Yes, you need to tell your wife you are starting a business!

Once you have your home budget, you can begin estimating business costs. Even though you are setting up an office in the home and plan to take a business use of the home tax deduction, you should still consider the portion of the rent and utilities that will be represented by your tax deduction as a business expense. For example, if your monthy mortgage payment is $1,000 and you can allow 10 percent of house expense as a deduction, then plan on $100 being spent on your place of business.

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The same should be planned for utilities and other costs, including a telephone line. Even though you probably have a home phone, a separate line for the business is a good idea to prevent interruptions at home after hours as well as to keep children from answering the phone when a potential client calls. It just sends a more professional message when the business phone is answered in a business manner.

Conservative estimates can be a good starting point, but you will also need a contingency fund in the event of an unforeseen repair or a project that gets out of hand and costs more than anticipated. Once you have gong through the home and business expenses you will have a good idea of how much money you have to bring in through the business to maintain your family lifestyle and meet your business expenses.

Now it is time to seriously think about the projected income of the business. Remember it is not only the business expenses you need to cover. For example, if you anticipate personal expenses of $1,500 a month and business expenses of $500 a month, anything less that $2,000 a month is going to leave you with some unpaid bills. If the business you are planning to open is not capable of delivering that amount of income, you may have to rethink your prospects.

 

sgtwalk

Home Business Jobs Resource 

 

sb
February 09, 2008
The internet is full of juicy offers to make money fast. Hundreds and thousands of people lose money fast daily because they get trapped by scam offers. These web sites look very attractive. They lure the people with the hope for solving their financial problems. They display pictures of smiling people who tell you that they have made their way. They provide you with testimonials. Be careful about what you see: Webmasters buy pictures of smiling, attractive people at internet photo agencies. Testimonials can be false.

You need to do some research before you spend money for any of these internet businesses. The following checklist might be helpful for you:

Are There Any Exaggerations?

Does the website promise profits that sound too good to be true? Do you believe, if a profit of 5, 10 or even more percent a day is realistic and does sustain? Some websites offer a profit of 30% a day. Others promise you to convert $30 or so into $100,000 within an unbelievable short time. An ad even claims: Be a millionaire in weeks! No wonder that these websites disappear within a short time along with the people’s money â€" or they just leave a lot of frustrated people behind.

Are the Contacts Reliable?

Is there at least a reliable contact at the website? Do they answer to your requests? It is even better if there is a working live support, a working telephone number (not just a recorded voice, answering the phones).

Check at Alexa

You can check at the Alexa website. There you can type in the URL of the website. Alexa shows you if there is a name, a company, an address or a telephone number behind the website. If it is a well known scam website, you already can see some bad comments about the website at Alexa.

Check out the Environment

You can check out easily, what is going on around the website. You just go to Google, type in the name of the website and click search. You will detect, if there are bad news about the website. The internet is an open world and you find complaints about bad offers quite soon.

Be aware: If you type in the full URL, Google only displays you the exact website. If you just type in the name or title of the website, Google lists you many background information.

Check out Black Lists, Forums, Monitors

There are monitors and forums about the issue, in which the website is active. Do you find any opinions about the website there? Is the website black listed? Do not spend any dime, if a website is on a black list. Are there any ratings about the website? Does the website have a certificate, e.g. one by NetIBA? The Internet Identity Bureau and Associates verifies the identity behind websites. Merchants can get a certificate if they comply with the NetIBA rules.

You need to be aware, that forums can be manipulated. Scam websites can spread out favourable news about their website. They can use false internet addresses and nicknames. Scam websites have affiliates, who still go on promoting them, even if more and more people start complaining about the website.

Trace the IP Address and Hosts

You can find out the IP address and server of the checked website at network-tools.com. There you can type in the URL of the website. Certain scammers use always the same server and IP addresses. This hint could help to detect, if a well known scammer starts a new website.

There Is No Warranty

Even, if you do your home work: there is no warranty that you do not get trapped. A scam site might be new and a blank leaf to the internet community. It is recommendable to observe matters for a while before you spend money. The more the people become alert and the more transparency is achieved â€" the less chance new scammers get to do their fraudulent activities.

 

sgtwalk

Home Business Jobs 

sb
September 17, 2007
Sorry, but the blog post could not be located.
sb
September 06, 2007

A Beginner's Guide to the Different eBay Auction Types

 

flixvid

Over the years, eBay has introduced all sorts of different auction types, in an effort to give people more options when they buy and sell their things on eBay.

For every seller who doesn't like the idea that their item might sell for a far lower price than they intend, there's another who wants to shift hundreds of the same item quickly. eBay tries to cater to all tastes. This email gives you an overview of the different kinds of auctions and their advantages for you.

Normal Auctions.

These are the bread-and-butter of eBay, the auctions everyone knows: buyers bid, others outbid them, they bid again, and the winner gets the item. Simple.

Reserve Auctions.

Reserve auctions are for sellers who don't want their items to sell for less than a certain price - a concept you'll know about if you're familiar with real auctions. They work just like normal auctions on eBay, except that the buyer will be told if their bid does not meet the reserve price you set, and they'll need to bid again if they want the item. If no-one is willing to meet your price, then the auction is cancelled, and you keep the item.

Fixed Price ('Buy it Now') Auctions.

Buy it Now auctions can work in one of two ways. You can add a Buy it Now button to a normal auction, meaning that buyers can choose either to bid normally or to simply pay the asking price and avoid the whole bidding process. Some sellers, though, now cut out the auction process altogether and simply list all their items at fixed price. This lets you avoid all the complications of the auction format and simply list your items for how much you want them to sell for.

Recently, eBay added a twist to fixed price auctions: the 'best offer'. This means that buyers can contact you to negotiate a price, which could be a good way to get sell some extra stock at a small discount. The only downside to reserve and fixed price auctions is that you pay a small extra fee to use these formats. In general, it is more worth using reserve auctions for higher-priced items and fixed price auctions for lower-priced ones - but remember that you can combine the two formats.

Multiple Item ('Dutch') Auctions.

These are auctions where you can sell more than one of a certain item. Dutch auctions can be done by bidding. Buyers bid a price and say how many items they want, and then everyone pays the lowest price that was bid by one of the winning bidders. If you have trouble getting your head around that, then don't worry - everyone else does too! These auctions are very rare.

What is more common is when a seller has a lot of one item, and lists it using a combination of two auction types: a multiple-item fixed price auction. This just means that you can just say how many of the item you they have, and offer them at a fixed price per unit. Buyers can enter how many they want and then just click Buy it Now to get them.

Now that you know about the different types of auctions, you should make sure that the items you plan to sell don't violate eBay's listing policies. The next email will let you know what's allowed and what is a big no-no.

 

sgtwalk 

 

sb
September 04, 2007

How Email Lists Can Lead To Larger Online Incomes

 

Communicating with customers is the best way to persuade them to return to your web site and make a purchase. The easiest way to do this is to create an email list. With an email list, you can accomplish many things including:

* Repeat sales – it is much easier to sell items to those who have already used them and are satisfied with them.

* Trust and loyalty – many people are still unsure about purchasing items from the internet and only shop on select sites. Sending email and promotional alerts will persuade people to shop on your site. Once they have made a few purchases, you will have a customer for life.

* Branding – branding your product using a logo or slogan will help people recognize your product easily. Including your company logo in all email sent will help spread the word and create brand awareness as people can forward your email on to others.

* Newsletters – with an email list, you can send monthly newsletters that inform people about what is going on in your industry and your web site. Include sale items, new products, and other information that will entice customers to browse your site.

As you can see, the benefits and possibilities you create for your company by building an email list are many. This is a resource that will continue to grow as more people visit your web site.

Sign me up!

The biggest obstacle when creating an email list is getting people to sign up. While you can't force people to sign up for email alerts, newsletters, and other items, you can persuade them in a variety of ways.

* Landing pages – This is a page that can be used to introduce your web site. Many internet business owners use this page to expand their email lists. Simply ask for email addresses before taking visitors to your site and you will be amazed by how quickly people will sign up.

You can choose to make this mandatory for entry to your web site or voluntary. Try both ways to see which is more successful.

* Advertising the newsletter – By simply adding a sign-up box on the pages of your web site asking if people want to sign up for your newsletter, your email list will grow. Make sure your box is easy to find and easy to use.

* Ordering pages – You can ask customers when they are placing an order if they want to receive alerts and other promotional items. Make it easy by having them click a box to sign-up. Since most companies need email addresses in case of order issues, all you need is the customer's permission to send promotional items to their email address.

* Receipt confirmation pages – Ask a second time on the receipt confirmation email you send to customers. They may change their minds and want to sign-up.

Always include an opt-out option so customers will be able to remove themselves from your email list at any time. Add this to the bottom or your email.

Buying email lists

If you are having difficulty building an email list, you can always enter into a joint venture with other internet business owners or affiliate marketers. By sharing some of the profits earned from list sharing, you will be able to reach even more people, who may turn into customers.

Buying email lists outright from a list broker is another option. For a one time fee, you will have access to hundreds of potential customers. While most internet business owners build their own email lists over time, if you want to increase your sales quickly, investing in an email list may be the right decision for you.

Even though there are many forms of marketing on the internet, communicating directly with customers is still the best way to make a sale. Creating an email list or purchasing one will allow you to showcase new items, persuade more people to visit your site, and increase the number of return customers, which can have a huge impact on your bottom line. 

sgtwalk 

sb
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