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Knowing What to Look For in a Home Based Business

Are you planning on getting into a home based business? Are you worried about your financial future and want to take up a home based business opportunity to supplement your income?

If you have answered yes to the above questions then the next important question you should ask yourself is which is the ideal home based business opportunity for you.
There are several hundred online business opportunities on the net and finding just the right home based business to suit your financial needs, time constraints and abilities is an important choice.

The wrong online business will take your funds and time and not give you the returns that you need and deserve. Therefore, you will need to research both your self and the home based business opportunities open to you, and make an informed decision.
First, decide what you are good at and what you think you can do. Jot down a few idea s for an online business after you decide how much of time that you can invest in your online business daily. Once you have set your time limitations, set a budget for your business.

How much can you afford to spend and how much money can you afford to lose. Once you have set your budgets and time limits, you are ready to make some decisions.
Armed with this information you can go about choosing a good online home based business. Conduct detailed and in depth research on the various home based business opportunities available to you. Decide if you can run the business or if you will need to hire a marketing system to run your online business for you.

Some tips to choosing a good reliable online business opportunity that will be lucrative, is to speak with some online business entrepreneurs and home business opportunity professionals that will be able to help you make your decision. These are people who have “been there and done that” so to speak, and will be able to give you very valuable advice.

Also, do not forget to calculate the costs of what it will take to run your online business and plan for the future, checking to see if you have enough human and monetary resources or means to acquire them.

Has the Bank Denied Your Company a Business Loan?

The Evolution of True Business Credit

Over 95% of all small business loan applications are denied by banks!

A depressing statistic if you’re a business person looking for funding. And while there seems to be no shortage of advice for new entrepreneurs – articles like “Top Ten Strategies for Financing your Start-up,” “How the SBA can help your Small Business,” and “Enhanced Personal Credit is the key to Small Business Success” are common place – the unfortunate truth is that most authors of such articles have never created a successful new business. This conclusion is inescapable given the extensive misstatements and counterproductive advice frequently disseminated in the popular financial press.

You need help from someone who has been successful in helping real businesses get real business loans. Going to the SBA, using retirement funds, tapping out personal credit cards or seeking venture capital in exchange for a lion’s share of equity are common themes of so called “business magazines.” The unfortunate theme of all such approaches is that they are based, virtually in toto, upon your personal credit. They are not grounded upon a foundation of separate business credit that is distinct and apart from your personal credit. This key of “separateness” is the crux of true business credit.

The cornerstones to your business credit foundation are two core processes:
1. Creation of the correct business structure, and
2. Systematic processes to insure that your business is fully compliant with all of the evaluative criteria used by a) lenders and b) corporate credit rating agencies.

In addition to these mechanistic features, you need to create an emotional appeal for your business – a Business Plan that will cause a lender to believe that you, notwithstanding the odds, will actually succeed and prosper. We have extensive experience helping a wide variety of business prepare this quality and type of plan.

An often overlooked fact is the importance of an effective website in the credit assessment process; one of the first things a lender does is to look you up online. If your website looks like an incomplete or unprofessional effort, it will hurt you. Conversely, if your site Pops! – you’ve taken an important step to creating an indispensable impression – the impression that you’re for real, you have gravitas, and the bank would do well to attract and keep a client like you!

Once you have an appropriate corporate structure, proper credit acceleration processes in place, and a comprehensive plan, you need to undertake the actual work of building the separate business credit. In sum, paying bills on time and, when appropriate, pushing the envelop to expand your businesses credit. It is critical that you follow an appropriate ascending scale when expanding credit. Seek too little, and you’re not building the correct foundation. Seek too much, and you face a denial that will claw you back. We are experts at this process.

The Critical Evolutionary Stage

Critical mass is when you reach the point where you are ready to convert the credit profile we have helped you create into actual business financing. Your two options – debt financing (a loan) or equity financing (investor gives you money in exchange for equity.) Frequently, small business owners think that equity financing is easier to acquire and preferable. Actually, the opposite is true. However, there are times when equity financing has advantages. When that is true, we can help you present your case to equity financiers.

The saying that “the longest journey begins with a single step” is especially apropos to the creation of business credit. You just need to get started, on the right path, and keep at it. If you follow our protocols, you will – absolutely will – succeed. Get going today!

How to Find a Business Address That Will Jumpstart Your Enterprise

There is something that has constantly been around in the area of property and it is the mantra that says location is the most important thing you need to have when selling property. Knowing this is something of a default really when you are in the property line. Now this fixation on location when it comes to property does not mean that it has to be limited only to property. It has to be a wide free form philosophy that encompasses everything about business and this is where the concept of the business address comes in.

Thinking about this in terms of the location of the business means that where you place your office or the centre of your operations is really one of the most important things you need to consider before actually doing. It is your calling card, your bespoke identity and one that has the potential either to inspire trust in your potential consumer or leave them with doubts. Now, there is a way to represent this directly and make this statement much more clear.

For example, say you were approached by someone online, saying that he or she is a financial expert and would like to extend his or her services to you, to help to expand your investment portfolio and make things better for you day at the market. He looks polished, he has all the earmarks of a professional but as you receive his digital name card, you see that his email he is using is the sort of free email you can get online. Almost immediately, his credibility as a professional is compromised and you will find hard to trust him.

Everything that he has said before to you does not make sense anymore and you begin to question. Soon, that train of thought will lead you into a darker place and he or she will be associated with a scam. Once that happens, there is no going back really. Mental associations are one of the most powerful things in business and not only do they affect a purchasing decision, but they affect the overall trust and will stop the potential consumer from ever contacting you again. In this respects, you will why you need to have a business address that matters.

People who want to start their enterprise will soon realise that they only have a small budget for renting an office, and because they need to have some sort of physical location, they will be settling for some location on the outskirts of town, sometimes it is a neighbourhood of bad repute and when he tries to market himself, he realises too late the error of his ways and how important a business address is. When there is no way that you can afford a swanky new office in the centre of town, then you need to be able to understand that virtual offices with good addresses in the heart of the business district will give you those benefits and more.