By Destinys By Choice
It is obvious that you are serious about making a real change in your life. Why? Because you reading this and have taken the first step. However, it is equally obvious I’m sure, that you are looking for the right thing, the right vehicle to do just that. Let me share with you lessons we have learned to avoid wasting both valuable time and money.
Most people are looking for an opportunity that is not full of bogus hype, something that is real, even as you are now. Most people have tried one thing or another without any success or heard about someone else who tried but didn’t do well. Sadly they give up on looking or believing out of fear of being scammed and a lack of solid information on what to look for. The ones that win and overcome in the end are those who keep searching and have learned what to look for.
Allow us to share with you, what really makes a difference regardless of what you choose to do, in choosing a solid business opportunity that will take you over not under.
There are some great Biz opportunities around today and then there are those get RICH schemes that will just suck up your hard earned money. Nevertheless, there is a method to the madness.
In any business consideration there are a few things you must look for and we mean must!!!! Here they are>>>>>>>>
1. A: Is the company your looking at a reputable company, (BBB, Chamber of Commerce as well as other reputable business monitoring organizations that guard against fraud.
What kind of support and mentoring do they offer to ensure your success? The support should be total and the basic training should be free for you during your entire business venture or at very minimal cost included in your start up cost, which should be minimal also. There may be optional advance training, again at minimal cost. I mean your helping them grow their company and it should not cost you an arm and leg.
B: Are they just local, confined to just 1 location of the country or can you market nationwide and possibly international. This broadens your marketing ability and income growth, plus you should be able to market off line as well as online nationwide.
2. Is the there a demand for the product or service being offered because without a doubt, demand equals opportunity?
3. Is this product or service a fad that will come and go away like most do?
You want something with market stability and market longevity regardless of the economy good or bad. Also you want something that does not consume a lot of time that you already don’t have and that will allow you to fit it into your
already busy schedule with significant financial return. We are not talking about your TV time or video game time, there are sacrifices to be made, you may have to give some of that up to focus on building.
4. Will it offer you income security? In other words is it residual (repeating monthly income) but more than that, is your income vested so that if something happens to you the income will still come to your family for generations to come or go to whomever you will it to or whom you assign it to. That is very significant and most important.
5. What kind of benefits and incentives do you get, that will help you save while you earn, i.e. health, other money saving benefits, etc.
6. What is the cost of your investment and how soon will you get a return on it; Me, I like immediate. Don't you? Also what percentage of commissions, overrides and bonuses do you get, some are so low it is ridiculous.
7. Do you have to spend a lot of money buying products etc monthly, volumes that you possibly won't use before you have to buy again just to get paid so it ends up in the garage or you have to give it away. Along with the buying do you have to also sale so much volume a month to get paid. Some company commissions as small as they are, are dependent upon on how much "product" is purchased by your clients or you each month. That can put strain on your pocket and retention of clients could be tough if they can buy the same or similar product at the local super stores. The concept above is usually called Personal Volume and Business Volume or called PV and BV, which if it does not balance out, (quotas) you get Zero Balance, No PAY Due. Oh yeah find out if the demand to spend more just get larger over time, so that you can so call advance. Don’t get me wrong I believe in being a product of the product you are marketing and it does take some money to make money, but on a realistic level.
With that said, having been around the Network marketing arena for a while and without any bias against any company you are with or are considering going with, there is a company that offers all of the best of above and more. You might just want to take a look and compare. http://www.makeit.simpleasabc.com
By no means is the purpose of this that I share to put any one opportunity down over another but to assist you in making the best possible choice so you can enjoy a profitable income opportunity. The idea is to make long-term income and to pass on a legacy that will change generations of your bloodline to come. You know like the Kennedy’s, etc the choice is always yours. I am open to your comments if you have any. Much success, whatever you do.
E-mail: Destinysbychoice@aol.com
About The Author
I am just everyday people just like you. I don’t claim to be an expert or guru but I have been to the school of hard knocks. Experience I have been told is the best teacher which has it’s truth but remember experience spares you nothing. There are something you just don’t want to experience. I also studied marketing, sales, and business.
Wednesday, August 20, 2008
7 Ways To Get Financing For Your Home Business
By Dean Phillips
Thinking about starting a home business? Do you already own a home business but need cash? Perhaps you can qualify for a small business loan.
However, before you attempt to borrow any money, you first have to figure out how much money you need. The easiest way to do this is by putting together a business plan. A good business plan is critical to your business success.
It can be a simple one page outline or it can be many pages, but it should spell out exactly how much money is needed and what it will be used for; your potential market and customers and potential for growth; what makes your business unique from others; and a rational and conservative projection of your business's cash flow.
Your plan will also help you set business goals and define the steps necessary to help you reach those goals. It is a guide for you to refer to on a regular basis to help evaluate your business progress and help keep you focused on your priorities.
Besides, a business plan is almost always required when applying for a bank loan. If you need assistance in writing a business plan, your local library should have several books on the subject. You can also try Amazon.com. In addition, you should be able to get help on writing a business plan from one or more of the sources listed below:
1. The Small Business Administration (SBA) offers numerous loan programs to assist small businesses. It is important to note, however, that the SBA is primarily a guarantor of loans made by private and other institutions.
http://www.sba.gov
2. The Service Corps of Retired Executives (SCORE) is a volunteer management assistance program of the SBA that provides one-on-one counseling, workshops, and seminars. SCORE has chapters throughout the country. Many work in conjunction with local Chambers of Commerce. SCORE and Visa have also joined forces to help home-based and small business owners. Contact your SBA office, local Chamber of Commerce, or the following websites for more information:
http://www.score.org
http://www.visa.com/smallbiz
3. Talk to your local bank. Find out what they require for a business loan application and also if they are participants in the SBA loan programs. Be diligent and shop around for the best loan packages, and make sure you fully understand the terms.
4. You may be able to borrow from insurance policies, IRAs, 401k's, stocks and securities, etc. Check with your insurance agent. Also, investigate what the policies are regarding borrowing from your mutual funds or retirement account. Before borrowing, make sure you fully understand the pay-back terms and any potential penalties.
5. Apply for a home equity loan. Borrowing against the equity on your home is permitted in all states except Texas. Just make sure you're diligent about paying back the loan or you could end up losing your home.
6. If you're a woman, you may be eligible for a Specialty Loan. These types of loans are now being offered by local banks. Who knows? Filling out a one-page application just might get you an unsecured credit line or loan ranging from $2500 to $50,000.
7. Try borrowing from family members and/or relatives. If you have a good relationship with your family, perhaps you can make a persuasive argument for them to loan you money for your home business. Just remember, borrowing from family or relatives shouldn't be treated any differently than borrowing from a bank. It's just as important to pay them back on time as well.
About The Author
Dean Phillips is an Internet marketing expert, writer, publisher and entrepreneur. Questions? Comments? Dean can be reached at: dean@lets-make-money.net
Visit his website at: http://www.lets-make-money.net
Thinking about starting a home business? Do you already own a home business but need cash? Perhaps you can qualify for a small business loan.
However, before you attempt to borrow any money, you first have to figure out how much money you need. The easiest way to do this is by putting together a business plan. A good business plan is critical to your business success.
It can be a simple one page outline or it can be many pages, but it should spell out exactly how much money is needed and what it will be used for; your potential market and customers and potential for growth; what makes your business unique from others; and a rational and conservative projection of your business's cash flow.
Your plan will also help you set business goals and define the steps necessary to help you reach those goals. It is a guide for you to refer to on a regular basis to help evaluate your business progress and help keep you focused on your priorities.
Besides, a business plan is almost always required when applying for a bank loan. If you need assistance in writing a business plan, your local library should have several books on the subject. You can also try Amazon.com. In addition, you should be able to get help on writing a business plan from one or more of the sources listed below:
1. The Small Business Administration (SBA) offers numerous loan programs to assist small businesses. It is important to note, however, that the SBA is primarily a guarantor of loans made by private and other institutions.
http://www.sba.gov
2. The Service Corps of Retired Executives (SCORE) is a volunteer management assistance program of the SBA that provides one-on-one counseling, workshops, and seminars. SCORE has chapters throughout the country. Many work in conjunction with local Chambers of Commerce. SCORE and Visa have also joined forces to help home-based and small business owners. Contact your SBA office, local Chamber of Commerce, or the following websites for more information:
http://www.score.org
http://www.visa.com/smallbiz
3. Talk to your local bank. Find out what they require for a business loan application and also if they are participants in the SBA loan programs. Be diligent and shop around for the best loan packages, and make sure you fully understand the terms.
4. You may be able to borrow from insurance policies, IRAs, 401k's, stocks and securities, etc. Check with your insurance agent. Also, investigate what the policies are regarding borrowing from your mutual funds or retirement account. Before borrowing, make sure you fully understand the pay-back terms and any potential penalties.
5. Apply for a home equity loan. Borrowing against the equity on your home is permitted in all states except Texas. Just make sure you're diligent about paying back the loan or you could end up losing your home.
6. If you're a woman, you may be eligible for a Specialty Loan. These types of loans are now being offered by local banks. Who knows? Filling out a one-page application just might get you an unsecured credit line or loan ranging from $2500 to $50,000.
7. Try borrowing from family members and/or relatives. If you have a good relationship with your family, perhaps you can make a persuasive argument for them to loan you money for your home business. Just remember, borrowing from family or relatives shouldn't be treated any differently than borrowing from a bank. It's just as important to pay them back on time as well.
About The Author
Dean Phillips is an Internet marketing expert, writer, publisher and entrepreneur. Questions? Comments? Dean can be reached at: dean@lets-make-money.net
Visit his website at: http://www.lets-make-money.net
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