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Truth About Automated Home Businesses

Wouldn’t it be great to be able to earn an income without spending your day processing sales and shipping products? That is the idea behind an automated home business. If you have your business set up on the internet, people can go to your site and make purchases. Without any processing from you, the sale is processed and the item purchased is delivered to the buyer. It is a completely automated process. With an automated home business you can earn money 24-hours a day, seven days a week, even if you are not home.

Now, don’t get the idea that an automated home business is something you can just set up and forget about. It’s not. Like any other successful business it takes time and effort to make it successful. The more you are willing to learn and invest in your business, the more successful you will be. This isn’t a get rich quick deal. If that is what you are looking for, you’ll have a better chance of getting rich by playing the lottery.. Again, this is a business, and you have to treat it like any other business venture you would get into.

One of the biggest keys to your success with an online business is your ability to market your business online. This is an area that many people that get started with internet based businesses skip, and then cry that automated home business ventures are all a scam.

If you think it through, it makes perfect sense; if you want to make sales, you need to attract people to your website. If you want to attract people to your website, you need to market that site. If you cannot attract visitors, you will not make any sales. It’s really that simple.

The truth of it is, there is no big secret to marketing a website on the internet. In fact, internet marketing is a big topic that covers many different techniques aimed at getting your site noticed. These techniques range from Search Engine Optimization and getting your site listed on the many different search engines, to purchasing pay-per-click keywords and keyword phrases. It includes article writing, blogging, trading links, and using social networking sites like Facebook and Twitter. There are many different avenues you can take, and a great deal of information to help you learn how to be more effective in your efforts. Just do a search and start reading. The more you learn, the better prepared you will be to begin to attract customers to your site.

An automated home business is a great way to make money on the internet. You can earn a little or a lot. It all depends on how much time and effort you are willing to put into learning how to attract visitors to your website.

How to Write a Software Business Plan

You can write a compelling software business plan in less time than you think you can. Planning is critical to successfully starting and building your software company. Without a business plan you are shooting in the dark. Whether you are looking for financial capital or to better target your market segment and drive sales, this article will help you write and implement your software business plan.

Is a Software Business Plan Really Necessary?

Yes, absolutely! Planning is critical to successfully starting a software company or building a business. Without a business plan you are shooting in the dark.

Strategic planning is critically important for both big businesses and small companies alike. Strategic planning is matching the strengths of your business to available market opportunities.

To do this effectively, you need to collect, screen, and analyze information about the business environment. You also need to have a clear understanding of your software business – its strengths and weaknesses – and develop a clear mission, goals, and objectives. Acquiring this understanding can take work, but in many ways it is the process of strategic planning that you go through in creating your software business plan that is the most valuable step of all.

Strategic planning has become more important as increased rate of change of technology and competition have made the business environment less stable and less predictable. There are also many changes underway in the software industry with the move to Software as a Service or SaaS.

If your software company is to survive and prosper, it is important to take the time to identify the niches where your software provides the highest value with the least competition. Your software business plan will encourage financial investment, promote growth, and provide a map to follow to drive sales.

Outline of the Software Business Plan

This is an outline of the essential elements of a good business plan:

· Executive Summary
· Market Analysis
· Company Description
· Organization & Management
· Marketing & Sales Management
· Service or Product Line
· Funding Request
· Financials
· Appendix

Analyze Your Target Market

The market analysis section should illustrate your knowledge about the particular segment of the software industry your business is in. This section should include: an industry description and outlook, target market information, market test results, lead times, and an evaluation of your competition.

Your target market is simply the market (or group of customers) that you want to target (or focus on and sell to). Remember that it is important to narrow it to a manageable size: identify the niche where you have a compelling value proposition with your software.

Define Your Marketing and Sales Strategy

Your marketing strategy should describe how to plan to reach customers and grow your business. You should also include your channel or distribution strategy. Choices could include: original equipment manufacturers (OEMs), an internal sales force, distributors, or retailers.

Finally, it should include a communication strategy. How are you going to reach your customers?

Describing Your Product or Service

What are you selling? Don’t just describe the features of your software, but emphasize the benefits to potential and current customers. For example, don’t tell your readers which 89 detailed features you have in your CRM software interface. Tell them why busy marketing managers will prefer this solution over others: how does it save time, increase lead conversion, etc.

Focus on the areas where you have a distinct advantage. Identify the problem in your target market for which your service or product provides a solution, and then give the reader hard evidence that people are, or will be, willing to pay for your solution.

Include a Strong Financial Plan

Develop the financials after you’ve analyzed the market and set clear objectives for your software company. You should include both historical financial data (typically the last three to five years) as well as prospective financial information for the next one to five years.  

How to Triple Your Investments on Cheap Stocks of Value Now

You can make a great deal of money on cheap stocks of value/those which are soon to go on an upswing. Many day traders focus entirely on cheaper stocks because it takes a great deal less action to send them skyrocketing in value. On the other hand you can just as easily sustain a large loss, so here is how to differentiate between the good and bad by doing something many traders are beginning to do to triple your investments on the best cheap stocks of today.

What I’m referring to is using analytical stock software to differentiate between the good and bad cheap stocks of today. These are stock pickers which work by comparing trend data from the past to the present to find overlaps. This is actually a remarkably effective way of predicting market behavior and is incidentally the same practice used by the major trading houses to do just that.

Some programs exclusively target low priced stocks in today’s market because the profit potential as I mentioned is so much greater overall. For example, the first pick which I received from a penny stock specific picker was first valued at 15 cents a share. Over the course of about 36 hours that stock rose in value, finally topping off and reaching its apex at 48 cents. This serves as a great example of the profit potential behind the best of these cheap stocks of today.

If you can sacrifice even just a handful of minutes per day to investing in some of these cheap stocks of worth and tracking their gains periodically throughout the day given that this is how quickly they can peak you can make a great deal of money without needing the experience.