Wednesday, January 28, 2015

How to start small business.

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Starting a small business takes a lot of courage. But, as they say, courage does not pay the bills. To be successful – to stay in business – you need more than courage. You need a combination of hard work, skill, perseverance, and lots of luck.

Some things you need to consider:
- "How can I support my family while I build up by business?"
- "What are my abilities?"
- "Is there a market for the product or service I have chosen?"
- "How long will it take this business to reach the financial goal I have?"

In terms of choosing the business, the best business will depend on what you want, how you define to be interesting. A person may consider a pet sitting business to be the most exciting work in the world, while another person would rather watch TV than take care of dogs.

The key is to determine what your interests are, what you want to do, what is suitable for your lifestyle and your overall goals, and what can fit with your resources.

Dan Ramsey in his book "101 Best Home Businesses" has a chapter on how to find YOUR best home business. He suggests these 10 steps:

1. List 5 things you do best
2. List how others would benefit from what you do best
3. Find out how to give people what they want
4. Learn the value of your services to others
5. Find out who else offers similar services
6. Learn from the successes of others
7. Learn from the failures of others
8. Plan your own success
9. Make low cost mistakes
10. Enjoy what you do and how you do it

He then made suggestions on the best home businesses according to type. Here are a few of them:

Best Businesses Using Craft or Physical Skills
- antique restoration
- auto detail service
- carpet cleaning business
- errand/delivery service
- housecleaning business

Best Service Businesses
- bed and breakfast operator
- caregiver
- catering service
- senior day care center
- tutoring service

Best Professional Businesses
- desktop publisher
- magazine writer
- import/export service
- income tax preparation service
- event planner

Some other home business ideas:

Top 10 Home Businesses with Rapid Break-Even Time http://www.powerhomebiz.com/vol33/breake...
10 Profitable “Go-Out" Home Businesses http://www.powerhomebiz.com/vol31/goout....
Low Cost Startup Businesses http://www.entrepreneur.com/lowcostbusin...
6 Hottest Businesses on the Web http://www.powerhomebiz.com/052006/web.h...

You can also check out the following books:

Turn Your Talents into Profits: 100+ Terrific Ideas for Starting Your Own Home-Based Microbusiness
The Best Home Businesses for the 21st Century
121 Internet Businesses You Can Start from Home
The Best Internet Businesses You Can Start
101 Ways to Make Money at Home

It may help you if you could talk with a small business expert or free mentors to give you ideas on how to make your dream of starting a business come true even without money. Here are some places where you can find a mentor:

- Government Mentoring Programs such as SBDCs, which works with community colleges and local business development councils to offer mentoring programs http://www.sba.gov/sbdc/sbdcnear.html ; or the Women's Network for Entrepreneurial Training http://www.sba.gov/womeninbusiness/wnet_...
- Volunteer programs such as SCORE http://www.score.org which is composed of mostly retired executives and entrepreneurs
- Formal mentoring programs such as Athena Foundation http://www.athenafoundation.org/programs... , Helzberg Entrepreneurial Mentoring Program http://www.helzbergmentoring.org/HEMP/ , or The Aspen Institute MicroMentor Program http://www.micromentor.org
- Professional organizations such as the National Women’s Business Council http://www.nwbc.gov/Mentoring/programs.h...
- Industry and trade associations
- Local business groups, such as the chamber of commerce
- Local chapters of business groups

There is so much to learn about starting a business that it is hard to put everything here. I suggest that /,m check out the following websites and learn from their content:

Entrepreneur http://www.entrepreneur.com
Inc.com http://www.inc.com
SBA http://www.sba.gov/starting_business/...

Sunday, December 28, 2014

What steps to take these days to save money?



Taking in everyday advice. Such as - buying certain items in bulk, telecommuting, letting errands mount to one big trip (instead of several small trips), convincing yourself to not buy items you don't need, taking public transportation, sit outside under shade instead of blasting A/C unit, not eating out at all(only eating at home). 


Don't open the fridge and just 'stand there'. Get the stuff out and close it quickly. Turn the a/c to 74 degrees instead of 72 degrees this year.


Buy one of those wall hot water heater units that heats the water only when you need it - instantly - (home depot sells them), instead of the tank one that heats water all day long.


Stop buying "instant" meals. They are so expensive. Do more "homemade" stuff. Less expensive. Takes more time to prepare, but is also healthier. Plus, family can help prepare too.


Compare ingredients, cheaper brands are ok a lot of times. Seldom go for higher price unless it's the taste better. And watch out for that "organic" deal. Some stuff now is called organic and has exactly the same ingredients as normal cans.


READ your labels. I got fooled twice on this. Once with Pam organic cooking spray to regular Pam Spray. $1.50 price difference, SAME ingredients. Once with Danon organic Yogurt $2.52 compared to Walmart plain vanilla $1.58 yogurt. SAME ingredients!


Use kitchen cloths at various spots, hung at or placed in the kitchen on the cabinets instead of using paper towels all the time. This is a BIG difference.


Hanging big stuff on the clothes line to dry -- towels, blankets, etc. easy stuff to hang that doesn’t take long out of busy schedule. I like the smell too. Because they take longer in the drier anyway. 


Put in a special water line to water the yard with separate from the normal water line, saves on water bill.

Make a grocery list now instead of just going to the store.

Limit your shopping time probably, shop every two weeks, sometimes only once a month. Then just make a quick in and out stop if needed now and then to the store, saves a bunch not having to go all the time. Plus stops that impulse buying. 

You can have one of those services buy you groceries to help you from impulse buying on your 'big' shop stuff. It saves you time that way, gas, stress, and your back.

Also, you can use a discount website for shopping...


Sure Fire Trading.
Trading Systems, Methods And Signals. Who Else Wants To Trade Like A Pro?

Saturday, December 27, 2014

Can you make money trading forex?

It is certainly possible to make money on Forex and there are many online tutorials that can help you to learn to trade Forex and People that are greedy and try to get rich quick lose their investment fast as they use extreme levels of risk (trading leverage).

 It is not advisable to jump straight in and think you are going to make a fortune though, it takes time to build up experience and knowledge and it is not completely risk free!


Forex trading has a daily volume that exceeds 3 billion dollars. The great thing is that you can make a lot of money with small investments.


The leverages are so high that you can start with just a 100 dollars and trade several thousand dollars with it. The best hint for every beginner is to open a free demo account where you can learn to trade and realize the giant potential of the Forex market,and When you have become confident to trade with real money you can easily start any time,and with just hundred dollars.

It is a lucrative way of making money online, but traders need to follow trading rules and trade in discipline. A disciplined trader can

really make huge money.The secret word of trading success is "organized". You can't be successful without a strategy, a plan and some kind of technological support. You can also try to use a software called "auto binary signals" that is helping a lot. There are plenty of them on the market. I recommend this one because it's very easy to use (you don't have to be an expert or have special skills to make money with it).


 I will also advice that you take free online lessons such as reading about Forex trading and watching tutorial videos. You can get advise from an experienced Forex trader where you can know the process of trading. You can also join online forums where people meet and share updated information about the market. I'd gladly recommend these ones:


http://www.forexfactory.com/forum.php
http://forums.babypips.com/
http://forexforums.dailyfx.com/forum/

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