Making Money

In today's current economic times, many people are looking to start a business in order to gain financial freedom and free themselves from the uncertainty of a day job. There are many choices to make when starting a new business and every business is different, each taking a different path towards accomplishing their goals. Before you can move forward on your entrepreneurial journey, you must first decide whether your business will be an online or offline venture. There are many benefits to each operational structure, but your model and access to capital will play a critical role in determining which structure to use for your business. Historically, most new businesses start by opening a physical location where customers and clients can interact with the business and purchase the businesses products and services. In this age of the internet, physical businesses are considered "Brick and Mortar" because they are housed in physical buildings. The benefit with offline businesses is that an entrepreneur can build trust and credibility by showcasing their store, office, or other place of business. Having a central business location gives customers the impression that a business in credit worthy, stable, and credible. Building trust with an online venture tends to be more difficult to accomplish simply because there is no exclusivity in the online world. Everyone has the ability to create a website instantly, and consequently, anyone can portray themselves as a legitimate business providing goods and services. There is less accountability for online businesses because the business may not have a physical location and therefore there is no "offline" jurisdiction that can mediate a customer's complaint or issue toward a company. This lack of accountability can make some potential customers leery to conduct business with a company that is strictly online and it will take more effort by the entrepreneur to ensure that credibility and trust are consistently being built with potential customers. Although offline businesses can build credibility with customers, this comes at a steep price. Offline businesses usually operate with a large overhead costs including rent, staff, phone, internet, office furniture and supplies. Payroll costs associated with hiring a staff and rent costs can increase the pressure on an offline business to operate profitably because of these overhead costs. These overhead costs remain constant regardless of whether the business is performing well or not. Online businesses can relieve the stresses caused by high overhead costs. Unlike offline businesses, a virtual business has very little start-up and on-going costs. All one would need to start a business online is a computer and internet access. There are numerous websites that allow for you to create your own online stores for free; all you need to do is supply the product. antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy The inexpensive cost of starting a business online also carries over to marketing costs. Offline businesses generally have to market using offline marketing strategies in order to generate customers to their business. These marketing channels are typically Television, Radio, Newspaper, Phone Book, and Billboard advertising. All of these marketing channels are effective but they are expensive and generally are not well targeted towards a businesses ideal prospect. However, marketing on the internet to promote and online business can be done quickly and inexpensively. Potential customers are all over the internet and all savvy online businesses have to do is position their business directly in front of their ideal prospects using a variety of traffic generation strategies. Technology allows you to quickly scale and grow your online business. Utilizing the internet and technology an online business can communicate with thousands, if not millions, or targeted prospects at the blink of an eye. Your website can be open for business 24 hours a day, 7 days a week and your entire sales process can be automated allowing you to have more freedom to enjoy the fruits of their business. An online business is also not location dependent like an offline business. You can have access to your online empire with nothing more than a laptop and internet connection. You can also have access to customers from around the globe as customers from all over the world can have access to your business through your website. The reality is that you can create a successful business that is either online or offline, but the real way to grow a business is to implement both online and offline strategies into your business model. If you are just getting started and you have limited capital, then starting your business online makes the most sense. By beginning with an online business, you have the option to generate revenue in a variety of ways with minimal risk or capital requirements. As your business grows, you may decide to expand into new market segments and establish a physical presence offline. This may be the time where you begin to create a business plan for your growing business and initiate a capital raising campaign. In all honesty, when you have a successful and profitable business, the sky is the limit. Rather you start an online or offline business, you will still need to apply the basic fundamental principles of business. Regardless of your operational method, you must dedicate yourself to starting and growing a successful business. This will require constantly learning, implementation, creativity, and sacrifice. Building success is hard work and it is going to take time to grow your business to a level in which it can sustain itself and provide you with the freedom and income that your are looking to obtain. Overall, in this new global economy, an online business will bring you advantages that simply can not be obtained with an offline business. An online business will provide you with an opportunity to build a company with little cost and risk. Couple that with the fact that your online business will be accessible to target prospects across the globe and I am sure that you can see the potential in having an online business. As your business grows, you will be able to scale quicker and enter into new markets faster than your offline competition. Online businesses are here to stay and should be the starting point for any aspiring entrepreneur seeking to stake his claim in the world of business.

Seven Step Business Plan

To be successful in business, you need to conduct research and write your business plan. Attempting to start a business without a (well-composed) business plan through feasibility study is like a stranger going to an unfamiliar terrain without prior direction. Or better still, it is like a ship without a rudder (which controls its direction). It is in the light of this that the publication of this text entitled "Seven Step Business Plan", written by Ms. Sheila Holm, a respected business-management expert is a welcome addition to business management literature. Holm says before preparing this text, she had cycled and recycled clients to every bookstore to work through every business-planning book option. She adds that the clients purchased many books but still wanted more help. Holm discloses that to make it easy and affordable for more business owners to receive help, she started conducting a series of seminars to help owners and their management teams develop their business plans within a seven-step format based upon their dreams and goals. Holm says the outline of the seminars developed rapidly into a seven-step, one-page form for quick and easy review while updating the business plan according to each change and adjustment to the goals. The author educates that having a business plan adds value to the bottom line of a business. She adds that this text removes the learning-curve requirement, stressing that she knows you can increase the productivity and profitability of your business when you write your own business plan. Holm says whether you have not yet written a plan, you have paid a consultant to write a plan, or you have proceeded with your business idea before writing a plan, you are absolutely in the majority. She submits that the truth however is that no other owner, director or team leader can articulate your business idea better than you can, stressing that planning is the key to success and profitability. Structurally, this text is segmented into seven chapters. Chapter one is entitled "structure". This author educates here that immediately in your own words, you should begin writing a statement about "how it is around here" according to how you are going to proceed with your business. Holm says many owners, even after they open the doors and operate their business, proceed without a clear statement about their business: how it will meet the needs of customers or how their business relates to the industry. The author adds that their dreams and goals are not in writing or in focus yet. She stresses that clarity is helpful and has a positive impact upon your bottom line. This author adds that if you want more profit, then you need to gain clarity and if you want more clarity, then you need to schedule a little more time to walk and/or work through the planning process with her. According to Holm, businesses develop in phases, so it is important to begin the planning process by identifying the part of one or more phases, or stages of development, of the business process your business represents. The author discloses that your business may be at a point where you want to add a phase to your existing plans or it may be an idea that you want to sell to someone else. You may want to purchase a developed product in order to market and distribute it, or you may be starting a business that will include all phases of the business process, expatiates Holm. antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy antiagingsolutionsbuy She says this stop is a major decision point since it will match your expertise and passion with the type of business you should pursue. In her words, "So, take a moment to get comfortable and get a firm picture in your head of yourself as the owner of the concept or product in one or more of the key phases of the business." Holm also discusses idea; development; location; production; marketing and sales; distribution; and repairs or redevelopment in this chapter. Chapter two is based on the subject matter of placement. Here, the author says the biggest mistake owners make is to think they have the most unusual business idea. Holm stresses that she is always concerned when a client says she should hurry up and develop a business plan before someone else steals the idea. She reveals that ideas are out there and we do not have the market cornered on any idea. The author adds that only very few people with ideas will proceed and develop the ideas into a tangible entity, a business that will become part of the marketplace. She stresses that you are the exception to the rule. The expert submits that now that you have set out to pursue your idea, it is important that you continue to follow and recognise the needs of the market that initially inspired you. She explains that if you understand the placement of your business within the industry, it is as important today as it will be that every day you are in business. In Holm's words, "Too many businesses forget to stay current regarding the trends within the industry and the business, market in general. The business process is a fluid process, so do not plan on making a decision regarding placement and then setting your business idea into a concrete base and forcing it to hold up to this statement for more than a few weeks. This is why I absolutely recommend reviewing the Seven Step Business Plan form each month." She illuminates that this phase of planning your business is a good time to meet and interview experts. On the aspect of customers, Holm says if you think everyone is your customer, take a second look at the facts about your business and what it will provide to the community. The author educates that defining your customers will assist you in the process of matching your business with the top competitors in your industry She adds that you have to know your competitors and how they are doing business within your industry. "Begin with the title 'Competitors' on a page of your notepad. Add names to your list each time you identify a business in your industry. Expand your list and add all related businesses, increasing the scope and parameter of your search. This list will also help you gain an objective view of how the various businesses affect your business and your industry," educates this expert. Chapter three is on the concept of leadership. Holm says the most important statement you can make about your business is the statement you make about yourself and your involvement within each phase of the business. She adds that the statement you make about each member of your leadership team closely follows the importance of the statement you make about yourself. According to this author, your leadership ability is critical as it is your ability to inspire others. Holm emphasises that leadership skills and abilities develop into the team strengths that are going to be evident in the business structure and help sell the business to each customer, vendor, employee, and business. "Remember, you are not able to be all things to people within the team. Each leader plays a specific role, and the team's strengths and support in areas of weakness will define the overall strengths of the business," guides the author. The business management expert educates that when you detail your involvement, you should ensure that you align your statements with the phrases you have written to describe your business today and your plans for the future of this phase of the process. She adds that this statement will need to remain flexible in order to complement the plans for each aspect of the business as you continue to refine them. In chapters four to seven, Holm analytically X-rays concepts such as purpose and highlights; vision and mission statements; operational and marketing plans; and financial and profit plans. As regards stylistic assessment, the report card of this text is in blue. For instance, a lot of textual and graphical illustrations are used to reinforce the understanding of readers. The book is also very educative in that the chapters are further broken down into many sub-segments to achieve simplicity and easy comprehension on readers' part. Holm includes one-page fill-in-the-blanks form representing a prototype for a typical business plan to guide readers. What's more, the language is simple. However, a technical error is noticed in the text. This is the omission of a hyphen in-between the first two words of the title of the text "Seven Step Business Plan". Omission of the natural hyphen has grammatically deprived "Seven" and "Step" from becoming a nominal compound modifier to the phrase "Business Plan". It is structurally supposed to be "Seven-Step Business Plan". Without a hyphen, one will also be grammatically compelled to add an "S" to "Step" because of the cardinal word "Seven". On the whole, the text is a necessary companion for (prospective) entrepreneurs, business managers, etc. What else would you expect me to say if not that "it is highly recommended"? Get a copy of this book today and learn how to write a business plan so that you can achieve business can succeed.

Own Business

In today's difficult economic time, a lot of potentially successful business ideas by aspiring entrepreneurs are either cancelled, put to hold or worst, never made possible not because they did not want to but because they never had a chance to secure funds to start their business. There are various ways for you to secure the necessary capital that your business you just have to think out of the box, prepare and do a lot of research if you are really determined to turn your business idea into reality. mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass mktvpass