Thursday, December 13, 2007

Is Running A Home Business All That And A Bag Of Chips?

Of course it is! Running a home business is one of the great ways a person with little or no business experience can build a great financial future for themselves and their family. Think about it for a small fee you can become licensed to sell a product and receive all the advantages big corporate businesses have. That is what I call leverage. Home businesses give any person, anywhere, a chance to create a better life for themselves. Home businesses also give you great tax deductions and incentives. Any person can start and build successful home business for themselves. You do not need a college education, or even a high school education for that matter. No matter what sex, race, or religion you are a home business opportunity can be taken advantage of by anyone.

Think about it. To start a traditional business your costs will be in the thousands. If you wanted to start a restaurant you first need the startup money. So you would have to apply for a business loan or you may have the money but you are looking at least 30k just to start the restaurant up. Then you would have to setup all the legal paperwork, insurance for employees and customers, find a location, and other business expenses. And all of this is before you have even made your first dollar. It would at least take you 1 to 2 years to begin to have a return on your investment. with a home business you have none of that stuff to deal with. You sign up, setup your marketing campaigns and start selling.


Next if you want to start a franchise you will first need them money. Like for instance a McDonald's franchise/restaurant sells for about 1 million. And most major franchises will not even talk to you unless you have a certain number of years running a successful business.


The tax advantages of running a home business are awesome. First did you know whether or not you are earning money with your home business you can still write off losses with your home business . And save money on your earned income(the income you earn from a job). The next thing to realize is running a home business is different than being a employee or self employee. I'd hate to break it to you but there are different tax laws for the different types of income you make. As an employee or self employee you are highly limited to what you can write off. But as a home business owner the sky is the limit. Get this a majority of your expenses as a home business owner will be paid with pretax dollars, the government does not take taxes out like they do from your paycheck. And if you're incorporated you even get to decide when you want to pay taxes for the following year. Also be sure to hire a good CPA to prepare and file your taxes, and get this the cost for your CPA is a tax deduction.


Starting a home business makes complete sense. These are just a few of the reasons why running a home business can be so lucrative and profitable.
 
 
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Home Business Owners Are Failing To Reach Business Success

Many home business owners are failing to have business success. There is an alarming stat which shows 90% of home business owners are not making any money. Many home business owners quit do to fact that they cannot make any money with their home business at all. Why are home business owners failing to have any real business success? Well I will go over a few of the reasons most home business owners are not having any business success . If you are one of the home business owners who has not had any success, do not worry I will give you a few tips in the link below to help you have some business success. One important fact to remember is this, home business success does not come over night,you will have to build your home business. Just because you are running a home business does not mean your home business will not have the ups and downs other businesses face.


First I will focus on the MLM type of home business. Now MLM's are a tough sell and for a very good reason. First if you are in a MLM you need a product, if there is no product then it is a pyramid, plain and simple. Next you will need to recruit a downline. Most MLM companies teach you to market to your warm market which is insane. Maybe you will have a few signups but that is no way to build a downline. Most of the time what happens is you go tell a close friend or relative to come to a workshop and from there you hear nothing but negative feedback. If you still haven't quit yet you may be told to go to malls, colleges, and door to door to recruit new members. Which will not land you anywhere. Normally the last step is to start buying leads which is not very effective at all either. See here is the problem for the average home business owner joining an MLM. In order to be effective you need to sponsor huge masses of people, the average MLM owner does not have a clue on how to prospect this many recruits. Most MLMers are focusing on recruiting maybe a coulple of new signups a week if that. The turnover rate in MLM is extremely high and maintaining an active downline can prove to be very difficult.


Now home business owners who are selling products fare much better than MLMers. Why? When people purchase a product they are not purchasing it with the intent to make money. They purchasing your product for the information, item or service it provides. And as long as you can show your potential customer the benefit your item, service or product will have, you will make sales. Trying to build a huge downline is very possible but you must prior experience or it will take you sometime. With a lot of trial and error. So instead of trying to build a downline first focus on selling your home business products. Build yourself a loyal customer base and then when you have cashflow coming in, you can start to build a downline and you will find you will have more business success.
 
 
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Home Based Internet Business Resources - Email

Home Business Los Angeles


Home Based Internet Business Resources - Email

This is the second in a series of articles regarding legitimate home based internet business.


Incoming Email Filter
- With Benefits Email management skills are a necessity for successful home based internet businesses. I'm stating the obvious you say.Maybe. Maybe not. I do know that I had to change the way Ithought about my email preferences settings when I started my home based internet business. Deciding which ones to allowthrough and which ones to actually take the time to read is moresubjective than you might think. How do you find legitimateopportunities without weeding through tons of spam? Is there asystem?


Email Marketing
There is no online business that doesn't employ some sort of email campaign. If you want to become a successful home based internet business owner, you must use email marketing, period.Email marketing is one of the first tools that you can use todrive visitors to your site. Every effective email campaign usesautoresponders to keep the ball rolling. The point is this:There are legitimate opportunities being sent to thousands ofindividuals' inboxes everyday. The sad news is the majority getdeleted without a second thought. Yet individuals still yearn tobe self-employed, working from home, enjoying life more andfeeling a greater sense of accomplishment.

Get Off The Bench
If you want to begin to gather information about becoming a home based internet business owner there's more informationavailable to you than ever before. It's FREE. Don't believe me?You must have your head in the sand. All it takes to get to knowhow it's done is your time. You decide if you want toparticipate. You decide when you want to participate. But youmust decide and good decisions are always made from a solidknowledge base. If you don't know about something, you learnabout it. Get off of the bench, get in the game and play.


Find A Niche
One of the biggest mistakes I made when I first started thisbusiness was getting too much information from too manydifferent sources. My business started to grow when I quit goingafter the latest deal and actually spent some time implementinga program of my own. Again, it takes time to build a business.Search the internet for home based internet business, see what'sout there. Find a program that you'd like to try and begin byreceiving their free newsletter. I see more good ideas for freeten to one over ones I pay for.


Start Now
The longer you wait, the longer it will take for you to reachyour goals. Whether you are interested in making an extra fewbucks each month or making a real living from home, nothinghappens until you get your feet wet. I played baseball incollege and for a short time in the minor leagues and we had asaying around the batting cage, "Nothing happens 'til youswing." Get the bat off of your shoulder, pick a pitch you likeand swing away. Nothing happens until you do.


About The Author: Joe Roberts ownshttp://www.JoesNoHa ssle.comwww. SpecialtyHomesll c.com. To findthe highest ranked home based business ideas and opportunitiesso you can work at home visit: http://www.JoesNoHa ssle.com.Download a free copy of Dotcomology by Stone Evans and receiveJoe's free online newsletter.