August 14th, 2013 by admin
The recession proof investor of the 21st century takes advantage of years of research to grow capital. Modern Portfolio Theory (MPT) enables the investor to diversify investments across different asset classes. Because not all asset classes and markets move in tandem, diversification allows the investor’s capital to remain at work regardless of temporary recessionary environments. Today’s seasoned investor understands that bear markets arrive. Preparing for these downturns, and staying in the market, requires tenacity and discipline.
Entrepreneurs often create businesses from the concept stage. Their foresight, optimism and persistence are invaluable Read the rest of this entry »
June 6th, 2013 by admin
You have a fantastic idea for a business. That’s great, but will it work? Will it be profitable? How do you move from concept to opening day? A well-developed business plan will answer these questions and provide a map of how to proceed with your idea. Additionally, potential investors will require you provide a business plan before they commit any funds. A basic business plan has six components.
The executive statement
This is a brief summary of your idea. This Read the rest of this entry »
March 28th, 2013 by admin
Successful businesses do not just happen overnight and certainly cannot be attributed to just plain luck. They are most likely the result of many factors such as dedication, hard work and timely decision-making.
A business without a proper strategy and clear goals is doomed to fail. Having a solid business plan can be one of the most significant steps, one that can empower and educate the owner.
Most businesses do not make millions overnight. Develop a realistic approach.The full explanation can be found at http:// Read the rest of this entry »
September 30th, 2012 by admin
Whether you’re watching your budget with a program from www.debtsettlementusa.com or you’ve got money to burn, starting your own business can be more costly than you can afford. Here are a few considerations to keep in mind when you take the leap – for your sanity as well as your checkbook: Tax Rates – Sometimes it hits hard to learn that tax rates for entrepreneurs are higher than those for employed people. The increased rate in some states goes to cover social security and the like but it’s best to work with an accountant before April to find out what you’re up against. Insurance – Don’t forget about the fact that once you go off on your own you’ve got to have health insurance. You’ll also need liability insurance and all kinds of property insurance if you’re going to have a brick and mortar building – it can add up. Startup Costs – Many people critically underestimate how much money it’s going to take to get the business off the ground. Be sure to add on an extra 20 to cover unforeseen costs like advice, legal counsel and even filing for permits with the city.
September 12th, 2011 by admin
The most important tool in your shipping area is an accurate scale. Even if you pay for shipping charges on line and drop your packages off, the shipper will weigh them. You will be billed for any weight errors. USPS may return your package for additional postage, or collect the shortage from the receiver. This means an unhappy client, for the delay or the unexpected cost on his part.
Compare shipping rates. Use Ground as opposed to Expedited shipping. Find out when you can use Parcel Post or Media Mail.Is this new to you? Catch up here Use pick up services Read the rest of this entry »
September 9th, 2011 by admin
Starting a business comes with various challenges, but knowing the five pitfalls when raising start-up capital will make your business start-up easier.
Start with a business plan this is your first step when you decide to start a business. You may have an excellent idea to start a business but without a plan you run the risk of failing. The business plan should have financial projections and a thorough market analysis.
Understand your finances this is a crucial aspect of running any business so if you do Read the rest of this entry »
September 8th, 2011 by admin
When operating a business in today-s society there has to be a clear plan for staying in the black. The economy is such that not watching what and how the finances are being used could shorten the businesses life. One thing sure thing is to watch how the business credit is handled.
Getting and keeping credit is essential in growing the business. This includes how it-s being built. Running a business is not just about putting Read the rest of this entry »
September 5th, 2011 by admin
Starting a freelance business of your own is hard, just like starting any business. With hard work, focus, and tons of patience, it can be done.
After making the choice to freelance, get your equipment together. You will need a computer with internet access, a desk, a chair, flash drives, and a place to keep important papers. Have a goal in mind; know what you want to freelance about and why.
Test out freelancing to see if it-s right for you. Search for websites that allow beginners to write for them. Read reviews about the site. Once Read the rest of this entry »