7 Points In Finding A Home Business

There is so much information online it’s amazing.  You find something that interests you and you request information and then……you are never there.

•     Is it that you are bombarded with calls and emails?
•     Is it that you clicked on something but don’t remember?
•     Is it that you were in a different state of mind at the time and it’s changed since?
•     Is it that there is too much to choose from?

Are you looking to make money but you think everything is a scam or it’s too good to be true?  You have been burned before and it’s a very hard thing to get over.  I know.  I’ve
been there.

Or maybe you want to stuff envelopes or make crafts……

I’ve learned the hard and expensive way.  I have yet to find a legitimate envelope stuffing company.  If you find a craft to do they are very particular on what they receive.  They are so picky that you never get paid and you are stuck with all these crafts.  Data entry is another opportunity I have yet to find a real company.  The only paying company was through a company my Aunt worked for that I actually got paid for data entry.  Otherwise, I never got paid but lost money.  You feel violated when you are scammed.

When people ask for more information, why do they ONLY want a quick overview of something?

In order to make an informed decision you need all the facts.  You need to do some research:

•     Check the company out with the better business bureau.
•     Remember products are involved otherwise it’s not legit.  Read about those products and see why they are different and if everyone can use them.
•     Go to their website
•     Get a brochure or PDF file with more information about them on it.
•     Is it a team environment?  Will they help you achieve your goals or just sign you up?
•     Do they refund your money and how much time do you have?
•     Do they have start-up costs? How much?
•     Email, call and ask questions

When you do your homework by researching and ask questions you have the information to make an informed decision.  I’ve learned that when you just want a 5 minute overview you miss a lot of details.  Not everything can be summed up in 5 minutes.

I thank you for taking the time to read this over.  I hope you have learned something and
I hope you use this information to find what you are looking for, freedom.

Tags: , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

Business Selling Process (Simple)

Business Selling Process (Simple)

1. Determining the fair market value of the business

2. Set Preparing all books and records for prospective buyers

3. Putting the business on the market

4. Dealing with the potential buyer

5. Recieving an offer

6. Negociation – Price, Terms, and Condition

7. Accepting an offer

8. Provide all necessary books and records to the buyer

9. Work with the buyer to remove all contingencies of the contract

10. Signing the closing statement (1~3 days before the closing date at the escrow)

11. The night before the closing date

12. The closing date

Tags: , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

Achieve Success with Positive Communication

Use these six strategies to communicate effectively.

1) You can accept anything without agreeing with it. Thus, acknowledge amazing requests and outrageous statements with responses such as:

“That’s an interesting idea.”

“That’s a novel request.”

“What an intriguing question.”

Use this as an opportunity to understand what the other person is saying. And then move on to other topics without attempting to argue.

2) People judge others by their actions. This means you are being judged by the perceptions you create with your words and actions. For example, if you act angry, even though you feel otherwise, you will be judged as being hostile. If you sound helpless, even though you feel otherwise, you will be judged as being ineffective. Thus, choose actions and words that convey the impression you want to make.

3) People judge themselves by their intentions. Thus, acknowledge that the other person’s actions or words are correct and proper (as seen by that other person). Even when someone’s behavior appears completely absurd, that person most likely believes it is justified.

4) Everyone deserves courtesy and respect. Diplomacy gains more than hostility. It is always the best way to begin a dialogue. After all, no one has ever had to apologize for being courteous. When you treat others with respect, you set the standard for how you want to be treated.

5) Everyone has valuable ideas. Everyone is an expert in some area. Everyone has unique talents. Effective leaders helps other people excel at expressing their ideas. They ask questions. They show interest. They make the other person a star in their conversation.

6) Realize that you can always learn more about the other person’s needs, priorities, and situation. Ask questions. Seek solutions. Think positive. Quick reactions often lead to apologies. Start by being thoughtful and seeking to understand fully.

 

Tags: ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

A Home Business Should Be A Family Affair…

If you own a home business, does your family participate or do you work alone?

I’ve heard tales, and for a short while lived them, about how a spouse will eagerly start a home based business of one sort or another and before they can even get their feet wet in the business – - BAM the other spouse starts belittling and generally putting a damper on the once enthusiastic entrepreneur’s ambitions.

Luckily for me, my husband saw that I don’t just talk about something that I intend to do, I do it – - so he’s since changed his tune; especially now that I make as much from my home businesses as I did from my prior job, and we don’t pay child care. Ha!

Anyway, it’s been over 2 years since all that mess transpired, and I’ve seen and heard just about every story imaginable on the subject of home business start-ups/failures. I’ve also learned that most spouses, family members and ‘friends’ react in such damaging ways out of either fear or ignorance. I suppose some are just plain mean, but well, that’s another issue we’ll leave for Dr. Phil or Oprah.

For lucky business builders who have encouraging families, the work at home life is good, very good. My 14 year old daughter is my part-time Assistant, and her small salary is tax deductible too, so there’s another plus in starting a business.

Creating a better future for the family is probably the most recurring ‘Why’ that I hear from new business owners. With such a strong reason driving the decision to work from home, then why shouldn’t the entire family be involved? It’s for them after all.

Find a way that even the littlest member can take part in the family business. Remember too that helping with chores, running errands, baby-sitting for younger sibs, taking turns with dinner etc. are all just as important as being able to do home office work, if not ‘more’ important in the long run.

If you’re currently suffering with a spouse or partner who just doesn’t ‘get’ what you’re doing – please don’t give up. Keep on building and trying and help them ‘get’ it through concrete results. Usually, with some home businesses, positive results that a ‘non-biz’ type can wrap their minds around, does take time. Unfortunately cash talks, however, and they may not take you seriously until you can show them your first check; and with persistence and consistency – - You will.

Tags: , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

Are you finished before you start?

A colleague and I were in conversation recently when he shared a very profound statement, “You can be finished before you start.”

We were talking about the power of one’s mind, more specifically about ones sales mindset.  Eugene was relaying an exchange he had many years ago when he was a pharmaceutical sales rep. He was comparing notes with another rep that was having difficulty getting in to see physicians to promote their company’s product. He wanted to know why Eugene was having so much success, and he was not.

Turns out, this other sales rep found it extremely difficult to turn the doorknob to enter the doctor’s office. He had such high self-doubt, Eugene explained, that he had lost the sale before he even initiated the call. This is when Eugene summed things up by commenting, “You are finished before you start!”

This simple statement may apply to those suffering with weak sales results. Appreciate sales is not for everyone. Being in the sales profession requires intelligence, personality, perseverance and a strong believe in ones self and belief in ones customer.

When you think about it, your objective is to help your prospect make an informed purchasing decision (or not) based on the knowledge you bring to the table. Most successful sales people are advocates for their prospects, doing what is in the client’s best interest. This typically evolves into a meaningful relationship based on mutual trust and understanding. Those that rise to the top in the sales profession also tend to have a high belief in self.

How is your belief in self? Do you experience self-doubt to the point you have trouble dialling that cold call, or making that initial visit to your prospect’s office?

This is more common in sales than we think, not just for those new to the business, it can affect experienced sales people who have fallen into the infamous “rut”. How we think and how we see our self causes this “affliction”.

How we see ourselves in our minds eye determines our belief in self.  The subconscious mind is incredibly powerful. Research by psychologists Dr. Henry Murray, Dr. David McClelland, and Dr. Clayton Lafferty has determined our actions are a result of what we think.

The challenge is to recognize when one is not thinking positively about their capabilities and then develop strategies to counteract this thought process. Here are some tips you can use:

1.    Remind yourself of your previous successes
2.    Focus on your current strengths and future potential
3.    Visualize yourself being successful several times a day
4.    Record a positive belief statement you can repeat 5 times a day
5.    Set and achieve realistic goals (start small), then stretch them
6.    Celebrate successes along the way

In the classic book Think and Grow Rich by Napoleon Hill, he makes the case it is scientifically impossible to conceive an idea in your mind, to believe you can do it, and then not be able to. The fact we can conceive something in our mind and believe we can do it, means we can.

Don’t be finished before you start. Your sales mindset needs to be the “hidden partner” that allows you to not only succeed in sales, but to thrive.

Tags:

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

Customer Service in Business

When you begin any business, one of the most important things to remember is that good customer service is a necessity. The food concession business is no different. If anything, it’s more important to be friendly and have a good relationship with your customers because it’s even more difficult to build up a loyal clientele as a mobile food vending business. There are three major reasons to make sure that your employees know how important customer service is. The first is the very simple fact that if customers are treated kindly, they will return. The second is the awesome fact that if they like the customer service, they will recommend your business to others. The final reason to be great in the customer service department is that since good customer service has almost become a thing of the past and your business will stand out for it.

Customer service is a very important aspect of any business and one of the effects of great customer service is that you will have repeat customers. Repeat customers are a commodity that should be valued and catered to. Doing this will make it very easy for the people to want to come back to your establishment. The opposite side is that while many customers are very loyal when a business pleases them, they are also very reluctant to come back if they have a bad experience. You will likely never see the customer again if they have such a bad experience. Even if you make a mistake with an order, if you are quick to cater to the customer, you will see them again, most likely.

Another effect of great customer service is that satisfied customers make for great advertisement. They will be loyal, but they will also tell their friends about your business. This is great because a truly happy customer will find ways to make sure their friends try you too. Once the friends have tried your food and service, the cycle continues. They will return and tell their friends as well. The down side of this is that if your customer service is poor, that will travel even more quickly than a good report. This, in turn, will effect how other potential customers will view your business. Once you have this bad reputation, it’s an uphill battle to get people to stop and try your food.

One final reason to have excellent customer service is because there is hardly any good customer service out there anymore and your business will stand out. If you can do anything to make your business stand out, do it. This is a way to stand out in a good way. For years now, good customer service has been sadly reducing in all kinds of industries. A chance to be a leading customer service business in any industry is a great one and you should take it.

There will always be that one customer that you can’t please. That one person, that no matter what you do, you can’t do the right thing by them. Move on from this customer. Take care of your loyal return customers and try to give them as memorable of an experience that you can. With good customer service and good food, there is no limit to what type of business you can build or the amount of money that you can make.

Tags:

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

Lifetime Relationships!

Do you realize relationships begin shortly after birth and are ongoing ways of life for every person on the planet?

An important part of life depends on how we develop our relationships with others. Perhaps, if we consider examples of this development, a better understanding will enable us to think more clearly before we interact with others.

Examples:

1. At birth we acknowledge a relationship with our mothers
2. Growing up, we build friendships with family members
3. In school, relationships with peers and teachers are normal
4. Most begin their dating relationships along the way
5. Searching for first employment, relationships must be formed
6. To market products, relationships are tried, tested, used

Most sports require close relationships to build a winning team. How far would the space programs have gotten without close working relationships? Would we marry without an excellent relationship with our partner?

As people mature in life, many relate an emptiness that is often difficult to understand or comprehend if a relationship has not been established with our creator. This personal relationship will fill a void that no other can fill. This is the most important relationship of all in every life, for complete fulfillment and joy.

The purpose for these examples are to enhance our willingness and desire to work on developing meaning in our lives, our families, and our businesses to become better persons and better marketers with positive relationship building goals.

A few very important traits in relationships are integrity or honesty, trust, and a willingness to open ourselves to others and be examined.

Have you ever seen failure? Perhaps it was caused by the lack of trust or integrity in another. Can relationship building with other persons prevent failure? Would your business become more successful with many great relationships? Think on these statements and make the adjustments in your life that you feel may improve your disposition.

These basic groundwork ideas on relationships are written to jog thinking and perhaps increase your business skills until they direct you to where success in business is inevitable and joy in your work becomes a normal lifestyle.

You may find varied articles on relationship building on our article directory website <a href=”http://www.SubmitYourNewArticle.com”>http://www.SubmitYourNewArticle.com</a>, along with articles you can possibly use for your business.

Many times along the path of life, failures occur. It is good news to recognize and know the importance of earning good relationships during these trials and to be well prepared for the needed improvements.

Expect the best, prepare for the worst, and take what comes, is a great buffer for the many trials that happen in life.

Great relationships developed over a lifetime, yield great rewards!

Tags: , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

Network Marketing – Why is it so great?

If you’ve ever heard of Network Marketing, you’ve probably heard it said that it is essentially a people’s business. Some have also labeled it a people’s franchise because of the similarities between the business models of network marketing and franchising. Advocates of the industry name it as the ultimate people’s business and say there is nothing quite like it. People that are in network marketing will immediately respond positively to this.

One of the unique characteristics of the network marketing type of business is that every individual distributor is in business for themselves but never by themselves. They will always be part of a larger organization and the compensation models are designed in such a way that every person can count on some form of support from their upline.

It is no secret that fortunes can be made in this type of business and many have done just that. Of course this is not the majority of network marketers, but every individual distributor does have the same chances. Success or failure in network marketing is not dictated by politics, race, age, background or gender, but always by results. In that respect it is probably also the fairest business model in the world.

For many people however the true value of their home based business is not directly in the financial return. The lessons a person can learn while building his or her own network marketing business are truly priceless. Many people are totally transformed through the personal growth they experience as a direct result of their challenges in their MLM businesses. It forced them to get out of their comfort zones, grow, and in many cases become a better person.

So what is so unique about network marketing in this respect? Doesn’t every entrepreneur have to deal with challenges? The answer of course is: Yes, they do. And they also experience personal growth as a result from this. However there is a significant difference. Most entrepreneurs are self made and many of them learned their trade largely outside of formal education. Either they were taught by a family member, a mentor or perhaps they learned everything the hard way: by trial and error. Very rarely will you find an entrepreneur that has an extensive library of books and tapes on personal development. Most businesspeople don’t attend seminars and motivational trainings. They think it’s all a bunch of hype. While in some cases this can be true, there are many trainings and seminars that teach the principles of success better than any textbook found in business schools.

One of the great things about network marketing is that this type of education is built into the training systems of all good companies. There is no business on the face of the earth that places such a strong and direct emphasis on the importance of personal development as the network marketing industry. Many companies might argue that they spend a great deal of their budget on education; training employees and as such assisting them in personal development but in most cases what they are actually talking about is personnel development. Although the words are almost identical, their meanings are vastly different.

Network marketing is all about building people. It is probably the best school on the planet if you want to learn about what it takes to be successful in life and you don’t need rich parents or some kind of scholarship to enroll.

 

Tags: , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

Advertising? Consider Product Life Cycle & Customer Buying Habits

When you create advertising for small businesses, consider both the life cycle of your product or service along with customer buying habits.

Today, both sellers and buyers alike want fast results. You should recognize that the actual process of turning your prospects into customers still takes time. Buying cycle times may be shorter today, but the process still exists. People often buy according to their past purchasing habits and patterns. These habits can be hard to change.

Classic marketing theory details the life cycle of a product or service as (1) introduction, (2) growth, (3) maturity, (4) decline, and (5) phase-out. In other words: when it’s (1) New, (2) Rapidly Accepted, (3) The Industry Standard, (4) Fading, and (5) Hard to Find.

Furthermore, the people who buy those products/services can be profiled in different stages as (a) innovative adapters, (b) majority adapters, or (c) stragglers.

Profiles of these three buyer categories (a) (b) (c) are helpful in creating advertising tailored to each phase of the five life cycles of the product or service. Judge accordingly.

For example, when you introduce a new product or service, one of your prime target markets should be the early adapters, the innovators. It has been estimated somewhere around 10 to 20 percent of people do their own research and experimentation about their purchases. (An ever-increasing number do their research on the web – before they contact anyone.)

The other 80 percent or so are followers (b) (c). They read, listen to, or watch ads; try recommendations from their friends, neighbors or co-workers; or use coupons, etc.

It is advertising that educates and entices prospects at these different purchasing stages to try something new for them. Most importantly, it happens person-by-person. Over time, good advertising can remind, motivate and change buying habits for those in each type of profile.

So it is important to let each group know your product or service is there and ready for them when they want to buy. Plan to have your advertising message repeated often enough where it will be available to them when they are ready to explore and make a buying decision.

It only takes money and time. Be patient. Keep chipping away at it. Soon, your targeted advertising message will be part of your product life cycle and customer buying habits.

Tags: , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

A Career In Accounting

Accounting is the study of how businesses track their income and assets over time. Accountants do much more than the generic presumptions; they compute costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.

The career is a highly momentous and versatile. The field is usually divided into three broad areas: auditing, financial/tax and management accounting. Audit: Work in audit involves checking accounting ledgers and financial statements within corporations and government.

Budget Analysis:
Budget analysts are responsible for developing and managing an organization’s financial plan.

Financial:
Financial accountants prepare financial statements based on general ledgers and participate in important financial decisions involving mergers and acquisitions, benefits/ERISA planning and long-term financial projections.

Management Accounting:
Management accountants work in companies and participate in decisions about capital budgeting and line of business analysis.

Tax:
Tax accountants prepare corporate and personal income tax statements and develop tax strategies involving issues such as financial choice, how to best treat a merger or acquisition, deferral of taxes, when to expense items and the like.

Various levels of skill are apportioned dissimilarly amongst the divisions which implies that depending on your position their will be specific demands on your adeptness, while average
speaking skills are requisites for all areas; the ability to synthesize varies from throughout each. Audit accounting requires a medium level of skill, tax and financial demands a low level of skill, and Management accounting a high level of proficiency.

Entry level accountants can expect a very team oriented environment. Often they will start as a junior member of a team responsible for auditing an important account or preparing financial statements. It is imperative that junior members learn to pull their weight, and function as a capable, effective, and useful member of the unit. Anyone interested in the field can prepare for a bright career.

According to the bureau of labor statistics their have been considerable increases in job openings, reflective of the fields growth and competitiveness. With the right skills and education this growth establishes the possibility for an incredibly profitable career.

Top firms include KPMG/Peat Marwick, Ernst and Young, Deloitte and Touche, Arthur Anderson, Price WarterhouseCoopers, Grant Thornton, BDO Seidman, and McGladerly and Pullen. College graduates seeking entry level positions should consider employment with these firms. Most people do not make partner at public accounting firms but the experience and training can be excellent.

From there, many move on to careers with an accounting focus in business or government. Ambitious talented accountants can advance their career with the acquisition of skills and experience along the way and subsequently enjoy a very successful career.

 

Tags: , , , , , , , , , , , , , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS