Business Archives - Page 34 of 52

A Business Without A Plan Is Like A Ship Without A Rudder

Do you have an idea for a product or service? Would you like to start a business? If so you will want to read this article. Here’s the good news: Every product or service ever invented by mankind started as an idea. An intangible thought impulse that was turned into reality through the efforts of one or more people working together in an intelligent and harmonious manner. Behind those successful ideas were organized written plans–business plans that laid the foundation and illustrated the path to success for the business owner and investors who funded the project. Then, those plans coupled with the burning desire of the entrepreneur to see the project through to completion is what helps to make a business succeed. The key words in this paragraph are idea, plans, burning desire.

Launching a business without a written business plan is like having a rowboat that has no oars, no map no sextant or compass for direction. The goal of any business is to succeed right? The ultimate destination is success. But what if you were given the rowboat mentioned a moment ago and told your destination was a specific dock in France? How would you get there? You have no oars, no maps, no compass and no sextant to guide you–would you jump into the rowboat, push away from shore and let the current guide you this way and that with no direction? And if you did, what do you think the probability of the trade winds and currents carrying you across the ocean safely so that you arrived at that specific dock…that specific destination? It won’t happen will it…

It is critical to have a well-written business plan to succeed in business. First, it allows you to think through the details of your business and see the obstacles ahead and minimizes costly mistakes. Most entrepreneurs are big on ideas and small on written plans. Every new business has a level of chaos associated with start up; launch and roll out and having a business plan helps minimize this chaos. Writing a business plan is hard work. And most often you will get out of it what you put into it. Plans are both logical and emotional. First, a plan should be based on logical analysis taking a rational, realistic and hard look at the FACTS associated with the business project. There is no room for guesswork, you want hard cold data, statistics, market trends, buyer behavior, and demographics, and there’s a lot you need to think through. But once you have the facts that support your idea, then you can emotionalize your plans in a manner that will sell your idea to others for their participation or financial investment.

Speaking of financial investment, your ability to find and recruit investors for your business is virtually zero without a well written business plan meeting the minimum guidelines generally anticipated by investors regarding plan structure and content.

Another interesting phenomenon about writing a business plan–it takes that intangible thought impulse you have–the idea–out of your head and turns the intangible” thought impulse into a “tangible” form that can be understood by others. Writing a business plan moves your idea or project one step closer to reality.

80% of new businesses fail within a year or two. Why? For many reasons but primarily because entrepreneurs fail to plan and over estimate sales and underestimate costs. The greatest thing you can do to start your project in the right direction is to write a business plan BEFORE you leap into any business endeavor. There is power in planning and you will find it when you do it.

We have a free business planning EBook called HOW TO WRITE A BUSINESS PLAN THAT WORKS located at our site in the freebie section, which you can download at your convenience. It is the most powerful business planning tool I have ever seen and I have over 20 years helping and consulting small businesses. I STRONGLY suggest you take advantage of this opportunity and get your copy today. Another Ezine Article Exclusive!

James W. Hart, IV

What Are the Best Online Business Ideas to Start an Internet Business?

Have you ever felt like making money online is for everyone but you? This is not true. You can make money online. It is a matter of finding a business model that fits you – something that you will work at and take action on. If you think making money online is as easy as pushing a button – you need to stop reading right now. The best online business ideas to start an internet business will take work.

BUT, once you have a business model in place, it just gets easier and easier to do that work. And, if you’ve set up the right kind of business model, you can make money in your sleep.

Finding a fit to your personality and work methodology is a sure-fire key to success. It is something you will be passionate about and you will follow through with massive action. These two things are critical for you to make money online.

There are several business models available to make money online. You can sell things on Craigslist easy enough. Find something that you already have or can obtain reasonably inexpensively, maybe tweak it a little or fix it up and you can sell it on Craigslist (for free) or on eBay (for a fee).

Several people make good money Blogging. The key here is to write things people want to read, add some ads to your blog relative to your topic and you are off and running. It’s not that hard. The key to blogging is to being real, being yourself. There are several free websites that you can do this on and monetize your website in the process.

Some folks are using affiliate marketing to make a massive income on line. They find a product people are hungry for and they divert traffic to their site, convert that traffic to sales for the product, and earn a hefty commission in the process. Some product commissions can be as high as 50% to 80% of the total product value.

Affiliate marketing is a great business model for those who would rather promote products created by other people and companies. This model allows you to make commissions without the hassle of dealing directly with consumers. It takes research, though, to find the best products to promote and once you find them, promote the heck out of them.

To work in the field of affiliate marketing, takes some learning and I suggest that you download a program and learn what to do. Most people, when they start affiliate marketing, think they have to re-invent the wheel. You don’t. Take advantage of those who know what they are doing and follow along with the easy to download E-book and/or videos. In some cases, if you pick the right system to learn from, you can be making money within a week or two.

If you’re looking for a business model that involves article marketing and uses all free methods to make money online, other than the cost of the how-to program itself, you can find that right here. I have purchased many moneymaking schemes online and for the person just starting out, without a lot of money to spend, you want to find something that is going to work right out of the gate.

How to Start a Cake Business – Some Tips and Ideas to Make a Good Start

A cake business is a great opportunity to make money with your baking and decorating skills and of course, if you love decorating or it has become one of your hobbies, it is indeed great to make money out of something that you enjoy doing. You can start by finding some tips and basics of learning how to start a cake business, learn from those who have been there and avoid mistakes in putting up your own business.

Here are some things that you might want to keep in mind in learning how to start a cake business. Considering that you already have your baking skills honed and your love for cake decorating unparalleled, then here are other things you have to keep in mind.

Start with a business plan. We tend to make plans in mind and eventually end up with so many ideas that you do not know where it would lead you, but it is important that you put your business plan in writing so you will know where to start. It will also help guide you on your business goals and in how to achieve them.

Plan your investment. Determine how much you will invest including the things and equipment you need to have. Prioritize your investment. Plan everything out from the equipment that you will need to the skills and personnel you need. You may also need to take care of some business fees too.

Of course, you should include your marketing plan as well. With the many bakery and cake business already existing, you have to come up with a unique idea or concept that would make your products sell and, of course, you have to be into the competition. Even if you are still starting, find ways to be competitive as well.

Don’t just settle with your existing skills. Find ways to upgrade and improve our baking skills as well as your cake decorating ideas. When it comes to cake designs, especially when you re dealing with wedding cakes, people are always looking for something unique and you should be able to cater to that needs of your clients.

Explore and take advantage of the internet. In learning how to start a cake business, you don’t have to focus only on putting up your physical store, you can also explore the great advantage of the internet. Put up a website and display your creations online. A lot of people are turning on to the internet to find ideas and cake designs and you can take advantage of that one too.

Start with these tips on how to start a cake business. In fact, you can start everything online if you still don’t have the resources to put up a physical store. You can make it a small home business, market it in the internet and provide delivery services. This way you will be able to start with just little investment than putting up your physical store.

Risk Management – Some Practical Ideas on How to Minimise Risk in a Business

Introduction

Risk is a given in any business and it can be damaging to a business and even threatens its survival. It is therefore essential to be aware of the various risks, to understand its potential impact on a business and to know how to manage it effectively. This article gives some practical guidelines on how to minimise risk. The discussion is done under the following headings:

Planning;
Relationships;
Hedging;
Discipline.

Planning

Detail planning goes a long way in reducing risk. Planning should include the following:

Feasibility studies. It is important to ascertain the viability of a new venture through a proper feasibility study.
Business planning. A business plan gives the detail of how, when and by whom the strategic goals will be achieved.
Cashflow projections. Too many businesses go under due to cashflow problems that could have been prevented. It is essential to plan for anticipated cash in- and outflows and the timings thereof.
Financial planning. Good financial planning covers many things including projected management accounts and the underlying ratios. Pre-emptive observation and correction of any potential profitability-, liquidity and solvency problems reduce the risk of running into financial troubles.
Project planning. Any substantial ad-hoc project in a company is normally handled more efficiently through proper project management. This includes mergers and acquisitions, new product launches and expansion into new territories.

Relationships

When companies evaluate risks they often forget about the human element. This is potentially one of the most fatal risk factors. Relationships should be nurtured. Specific relationships that are important include the following:

Suppliers. Good relationships with suppliers are just as important as with any other stakeholder in a business. It makes business sense to negotiate good credit terms with suppliers and to pay them as late as possible, but once an agreement is in place commitments need to be honoured.
Customers. Customers should always receive excellent service and be handled fairly and with respect. A large proportion of business normally emanates from existing clients. A specific bad practice is to try and make a quick buck out of a client through very high margins.
Employees. Companies often pay lip service as far as the importance of their employees are concerned. Confidentiality agreements and restraints of trade can reduce some risk of unhappy or dishonest personnel, but it can never be as effective as a team of loyal and motivated employees.
Financiers. Transparency and information is essential for investors and bankers. Nobody likes to be blindsided or to get unpleasant surprises. To deliver more than what is promised is also a good practice. In difficult times financing can mean survival.
Other Stakeholders. Relationships with all other stakeholders should also be kept in place. This can be the local government, governing bodies in the industry, service providers and others.

Hedging

The essence of hedging is to circumvent a potential negative effect in business through an action, product, etc. Hedging is typical in the financial domain, but by working cleverly it can also be achieved (to a certain extent) on an operational level. Some of the ways to hedge the operations of a business are given below:

Suppliers. To have back-up suppliers (especially for critical products, raw material and services) is a good practice. This keeps a company from being held ransom by an un-cooperative or out-of-stock supplier.
Products. Any company should continually add new products to its offering. To rely on only a few good products can be very risky.
Manufacturing. It is worthwhile to consider different manufacturing plants (if the size of the business justify it). The risk on the business due to factors such as natural disasters and labour disputes is thereby reduced.
Distribution. Back-up warehousing facilities and distribution channels are advisable.
Customers. We have seen successful companies that had serious problems when they lost their biggest customers. Customer risk can substantially be reduced through having many (and loyal) customers.
Geography. Political or economic instability in a country can be very dangerous for the businesses that operate there. Wherever possible it is advisable to spread the risk over many geographical areas.
Seasonality. Product- and service offerings that cater for various seasons have a very positive effect on cashflows and minimise the potential risks associated with it.
ICT. Very few companies can survive without proper information and communication technology. Back-up procedures and of-site facilities reduce the potential risk.
Financial. Financial risk management is very prevalent in large international businesses. If you sell your products in the international arena there are many products available to hedge the various risks. Risks that need to be catered for include currency, interest rate and commodity price risks.

Discipline

Discipline can reduce risks in all aspect of business. Discipline should apply to all aspects discussed above as well as to the following:

Expenditure. Expenses should be kept under control -especially in times of affluence.
Debt. Debt assists a business to grow. A business with too much debt is, however, very vulnerable for liquidation in adverse conditions.
Cashflow. A lack of sufficient cashflow is a potentially fatal business risk. Cashflows should be managed diligently.
Growth. Business growth requires additional working capital. Uncontrolled growth can lead to financial distress and even bankruptcy and should be avoided.

Summary

Risk in business is a reality. When these risks are successfully managed the rewards can be substantial. If not, a business can run into serious problems and even collapse. It is unnecessary (and stupid) to ignore risks. By adhering to a few basic principles these risks can be reduced drastically.

Starting a Cake Business – Ideas to Help You Put Up Your Small Business

If you have passion in decorating cakes and in baking, starting a cake business can be a wise idea and enjoy making money out of your hobby. Indeed, it can be enjoyable and profitable as well if you make money out of what you love doing. If you have the skills and creativity that you need in creating beautiful and delicious cakes, here are some tips and ideas that will help you put up your own business with what you already have.

– Make a business plan. Of course, you can’t just put up a business without having a plan. You have to have a business goal and strategies that will help you achieve them. You have to lay out who you want to sell your cakes to, what types of cakes you want to specialize, and how you will be able to compete your designs to those already existing in the market. With a good business plan, you will be able to answer and deal with the many questions that you will encounter in starting a cake business.

– Assess the cost you need in starting a cake business. Cost is one of the important factors that you need to consider in starting up your business. List down and prioritize what you need to have to put up your business. You may need to hire additional personnel, or get some equipment to make your baking and decorating fast, and consider your marketing costs as well.

– Find your specialty. In the many cake and pasty business already existing, it is important that you can compete with them and you can establish your own name in the business. Try to make your designs unique and find your place in the business.

– Don’t forget that beautiful designs should come with a delicious taste. In the cake and pastry industry, you have to get your client’s taste and impress them with your beautiful design.

– Make you marketing plan. In starting a cake business and in any business, you have to come up with a good marketing plan so you will know how to market your product and reach out to your customers. In these times that competition in stiff in business, you have to be creative in marketing your product. Take advantage of the internet in marketing your business. You can even set up an online cake shop and you make deliveries. Take advantage of marketing your products online. People these times go to the internet to find information so take advantage of internet marketing tools.

Don’t forget to improve your skills and products. It is important to find ways to improve your products. You can personalize, be more creative with your designs and make your customers happy. It is in these simple things that you get customer satisfaction and repeat purchases, so make sure you can offer quality products and services for your clients. If you are mindful of the contentment and joy you can give your clients, then you definitely can keep a good part of the market.

Top 10 Small Business Ideas for 2012

Starting a small business takes a lot of planning and the ability to execute your business plans. Though it doesn’t require a big capital for a small business however you cannot lose your capital as this will cause a serious trouble on the financial front at the same time your future expansion plans. If you have knowledge about how to run a business successfully, you won’t be able to take a wrong move that can affect your business plans. Before we go on further to the small business ideas, refer to the tips for running a small business.

• Can it sustain your everyday expenses and can it profit you.

• Can it raise enough funds to get it running for a long time and can become a profitable venture.

• Is it something that is needed everyday and does it has an appeal to sell on a steady basis?

• Is it something that you know how to do and can you do it well?

• Is it something that you like to do and doesn’t mind you at all doing it over and over again?

Now that we know our objective in putting up a small business let’s go forward and see what are the best idea for small business this 2012.

1. Online business – this may include article writing/blogging, virtual assistant, translator, copy writer or bookkeeper, data entry, etc. This is one of the ideal business ideas for beginners would be to take advantage of various online business opportunities. By doing online data entry and online paid survey jobs, you can earn money per hour for your work. The more accuracy and consistency you show in your job, the more work you will get.

2. Mobile apps development – almost all people nowadays possesses a mobile phone and included on the mobile phone is application that people always uses. Calendars, Alarm Clocks, notepads are some example of applications that are commonly downloaded. Whether this is a businessman, a politician, an artist or just an ordinary person has a lot or even tons of mobile application.

3. Make-up artist or hair salons – Providing either makeup artist services or hair salons is yet another interesting small business idea. Makeup artists are in great demand in the fashion and entertainment industry. If you have the required makeup skills and talent, you can start your own company and do the makeup of television and movie stars. By providing good service, you can get long-term contracts which will increase your revenues greatly. The great thing about hair salons is that they are a sure thing. No matter how dismal the economic climate, women will still scrape together the money to get their hair done, even if they have to let their nails go. So hair salons with talented stylists and well-priced services will still be real money makers.

4. Cleaning services (pool, yard, garage etc.) – A cleaning service is a good business proposition for a person who relishes the idea of cleaning apartments, homes and commercial establishments. Housekeeping is an art and people are typically deterred by the prospect of getting grease, tough stains and odors out of carpets, keeping their bathroom clean and eliminating odors from their refrigerator. Hence, a cleaning service can be a steady source of income assuming that there are no immediate competitors. Otherwise, one would have to spend money on advertising and this may eat into one’s profits. Cleaning services can operate round the clock since residential apartments are generally cleaned during the day while commercial buildings are cleaned after office-hours. Considering that cleaning services earn popularity and goodwill through word of mouth, a job that is well done will rarely go unnoticed.

5. Elder assistant or baby sitting – being a babysitter doesn’t require you to have a license, with more parents needing to work and offering a home based child care can be a great way of starting your own business while taking care of your own kids too. The growing numbers of senior baby boomers also provide growing business opportunities for senior care. In-home care and senior residences are the obvious ones, but don’t forget all the related opportunities such as driving, delivery, catering and cleaning services for seniors who want to stay in their homes. You can certainly develop your own business providing care for seniors.

6. Recycler – the best thing of being a recycler is that you’re not just earning your own money and you’re also helping the environment. Average homeowner doesn’t always know where or how to recycle the stuff they’ve got. A pickup truck are all you’d need to start buying or simply offering to remove scrap metal, old computers, electronics, ink cartridges and other recyclable materials.

7. Event management/party planner – Event management or party planning can also be a good option for a small business. Event planners have to organize a particular event by taking into consideration the suggestions given by their clients. This job requires creativity, patience and ability to get work done from people on time. It can help you be a successful event planner if have a good team of creative professional that can help you organize the event under you.

8. Online selling – whether this is a pre-loved or brand-new stuff you can still earn big bucks. This is being popularized by e-bay. There are still some people who have a whole lot of money and are willing to spend it on the name products that matter. Luxury handbags, scarves, and shoes for women are still selling well, for instance.

9. Social media consultants – With the ever rising of the social media era and the giant social networking sites, such as Facebook, Twitter, and You tube, businesses have been taking advantage of this to gain more exposure for their brands and products. With more than 800 million active users in Facebook alone, business promotion in this top social networking site is now a priority for business owners and marketers. If you have the social media marketing skills that can outsource likes and follows for your client’s business, then this business can help you earn cold cash on the Internet.

10. Pet related services such as pet sitter, pet cleaning and grooming services – Most Canadians and Americans loves pet especially dogs and feeding, caring for them and pampering their pooches a spending priority. Kennels, doggie daycare, dog treat bakeries and dog resorts are few of the things that you may want to venture in.

These are not necessarily ideas for businesses that anyone can start however you can get some idea on the list above. But in my opinion, these are business opportunities that are going to provide real chances to make money in 2012 and beyond. Business that is done right, in the right place and for the right people may be profitable enterprises for years to come. If you’ve been considering a sale in 2012, take your time and do it right. Plan ahead, research your market and stand out from the competition. Knowing the sales process is half the battle. With proper preparation, you can ensure a stress free transition and a financially successful exit from your business.

Best Small Business Tips and Ideas

Deciding to start a business can be one of the most exhilarating decisions you make in your life. We are living in a world wherever everyone wants to make extra money and add to his income. Most people have achieved this by acquiring great business ideas. When one starts up a company, he must be ready to meet competition. It is important to note that you would not need to become rich or popular to succeed in business but have to think smartly. But there are a lot of moving parts and many different elements to consider.

10 basic tips essential to start a business successfully.

Tip 1: Get inspired and Love your idea

Every business begins with an idea you may have imagined of opening your own business for years, or motivation may have hit you suddenly. Nevertheless of the source, the first step of starting your own business is coming up with a business idea. And as important as your idea, you must in love with the idea.

Tip 2: Do Your Research / learn everything about the business

You’ve recognized your big idea, now it’s time to balance it with the reality. Are you truly ready to start a business? Answer the questions below and see what you need to prepare yourself for business. For a small business succeed it must fulfill a need, solve a problem or offer something the market wants.

You can identify this need in many ways by doing research, focus groups, and even trial and error.

As you search the market, some of the questions can be:

• Is there a need for your anticipated services or products?

• Who needs it? (Target Costumers)

• Are there other companies offering similar services or products right now?

• How is the competition?

• Can or how will your business fit into the market?

Tip 3: Make a Business Plan

You need a business plan in order to make your business idea a reality. If you expect to seek monetary support from an investor or financial organization, a formal written business plan is a must.

Even if you don’t need monetary support, a simple business plan can give you precision about what you hope to accomplish and how you plan to do it.

In overall, your business plan should summary your business goals and the inspiration behind them, as well as your plan for realization of your goals in terms of marketing and funding.

Tip 4: Planning Finances

Opening a small business doesn’t have to involve a lot of money, but it will involve some investment.

There are a number of methods you can fund your small business:

• With Small business grants

• By Financing

• With Small business loans

• Or Angel investors

You can also attempt to get your business off the ground by bootstrapping, using as little capital as necessary to start your business.

Tip 5: Business Structure

Your small business can be an individual ownership, a partnership, a limited liability company (LLC) or a corporation. The business structure you might choose will impact in many factors from your business name, to liability, and how you file your taxes.

You can choose an initial business structure, and with time re-evaluate and change your structure as your business grows and needs to be changed.

Tip 6: The Business Name

The name you choose plays a role in almost every aspect of your business, so you want it to be a good one. Make sure you think through all of the possible consequences as you explore your options and select your business name.

Once you have selected a name, there is the need to check if it’s trademarked, currently in use and if stills free you will need to register it. A individual proprietor must register their business name with either their state or county clerk. Corporations, LLC, or limited corporations usually register their business name when the creation paperwork is filed.

These days you need to have a website, so please don’t forget to register your domain name once you have selected your business name. The best domains and more valuable online are the ones ending with .com.

Tip 7: Licenses and Permits

There are a range of small business licenses and permits that may apply to your situation, depending on the type of business you are starting and where you are placed. You will need to inquiry what licenses and permits apply to your business during the initial process.

Tip 8: The Business Location

Setting up your place to work is essential for the operation of your business, whether you will have a home office, a shared or private office space, or a retail location. You will need to reflect about your place, equipment, and overall setup, and make sure your business place works for the kind of business you will be doing.

Tip 9: Accounting System

One of the most essential systems for a small business is an accounting system. Your accounting system is essential in order to build and manage your budget, set your charges, conduct business with others, and file your taxes. You can set up your accounting system by your own, or hire an accountant to take away some of the work.

Tip 10: Promote Your Small Business

As soon your business is up and running, you need to start attracting customers. You’ll want to initiate with the essentials by writing a single selling offer and building a marketing plan. Explore as many small business marketing ideas as you can so you to choose how to promote your business most successfully. Completed these business start-up actions, you will have all of the most important small business bases protected, and be prepared for small business success.

15 Business Ideas to Generate Extra Income

If you want or need to start a side job because you still need to wait a little bit longer to start your own business, here are 15 suggestions for you.

1. Make money Blogging

If you enjoy writing, find a theme you’re passionate about and start a blog dedicated to covering that theme and anything else interesting you enjoy to talk about. All you need is a laptop, some time, and inspiration to consistently write. It can start as a hobby and turn into a business over time. Creating a blog is free, but if you want to look professional it can cost less than $ 12 per month.

2. Buying or selling on eBay

Thanks to internet there are more opportunities to make money than ever to buy and resell products for extra money. There are lots of people buy at a discount and resell them on eBay for profit.

3. Freelance writing

If you’re great with words, you might be capable to find some work as an online freelancer. A variety of publications need online content in the form of product, stories, service descriptions, and reports, and if you have the talent and ability, you could easily be the one to create them. Luckily, all you need is a computer and Internet connection to get started. You can start here freelancer.com

4. Social media expert

Now a day almost everyone uses Facebook, Twitter, and Pinterest, but did you know that many companies are willing to compensate people to support them managing their social media accounts and sometimes you can do it part-time from home. If this appeals you, to find social media jobs you can start by writing companies with a social media presence and visiting sites like Elance.com for opportunities.

5. Proofreading and editing

Do you have strong English skills and outstanding grammar? You may have chances to work as a proof-reader from home. Marketing for this can be hard; seek out those who might actually be able to use your services and advertise directly to them.

6. Virtual assistant

Many companies and individual professionals like having someone who can check and answer their email, organize task lists for them, someone who can update their calendars, and perform other administrative tasks, with minimal communication. The best of being a virtual assistant is that you can offer this service from home with a good Internet connection.

7. Website design

If you know a little bit about web design you can approach small businesses in your community, as they could use a very basic web presence to tell others about their business. These businesses usually don’t have a large budget for websites and create a great yet simple website is for you, get a bunch of clients from your local community, create sites for them, and maintains them for a small fee. You can easily get enough businesses to have a nice side business of your own with a low investment.

8. Affiliate marketing

Certain types of online businesses will pay you to promote their products and encourage sales. If you’re interested in learning more, check out affiliate marketing programs such as Click-bank, Commission Junction, and these websites are trustworthy and you can earn money by posting their products in your blog, website or Facebook. The secret of online business is all knowing targeting the right public and marketing efficiently. It can be overwhelming with all the information available online as more than 50% of the information is just a waste of time.

9. Become a business or life coach

If you are a good speaker and passionate about the business world and able to inspire and encourage others in a unique way, you could marketing your services as a business or even a life coach. Take your passion and expertise to the next level giving advice and suggest actionable steps people can take to progress their professional and private lives.

10. Start a resume writing service

If you’re excellent at writing remarkable resumes that in the end result in people getting the job, contemplate advertising those services. Most of your work will spin around writing, editing, designing, and proofreading, so you will only need few supplies outside of your computer and basic software to get started.

11. App Developer

Web app development is the creation of application programs that reside on remote servers and are delivered to the user’s device over the Internet. Now a day you can do apps with software’s you don’t really need to be a weirdo to do it, you can be an app developer for Facebook for instance and of course you can do it part-time and home based.

12. Business Consultant

If you are high organized and skilled being a good problem solver this job is for you. Companies bring Business Consultant to identify their problems, provide solutions and optimize companies. The only investments are your skills.

13. Data Entry Service

Many companies and online businesses require some type of manual information tracking, creating a vast amount of data entry work. Although there are many work-at-home scams related with data entry work, there are a lot of genuine chances available for genuine data entry businesses. If you are an excellent typist with an eye for detail, a data entry business is a great idea for you.

14. Freelance Writer

If you have the skill to write and inform people in a certain area, you can write small books or guides and sell them online, the biggest books platform is Amazon.com, where you can display your books for free and when they are sold, you will receive a percentage from the selling. Payments are made every month depending on your sales. Investment is only your time to write and imagination.

15. Internet Researcher

The Internet provides a vast amount of information. If you can quickly and efficiently navigate through that wealth of information, and essentially find a needle in a haystack, you can create a very successful business as an Internet researcher. Search for this kind of job online or about a company which is looking for this of service.

I give you only a glimpse what you could do, and these are just a few ideas, but many ideas were left behind.

First of all I advise you to think what you like to do as a hobby or in your free time, why don’t you make profit from what you are doing already?

You have the world as your disposal, but for a business to work out the first thing from all things is, it doesn’t matter what you intent to do, but you have to love it. If you love what you do it doesn’t feel like a job, you will be doing it with joy and this way you will be successful.

There are some side business opportunities that have grown more common in the past few years. And thanks to internet you have much more opportunities, ideas and help to develop your business.

Small Business Ideas: How to Plan a Small Business

Thinking of starting a small business? Planning and growing a small business may seem daunting, but it can be a lot of fun. However, it does require some careful thinking and planning.

You need to learn what it takes to start from scratch and succeed. Weigh all the pros and cons before making any decision.

You are the person most capable of planning, building, and running your business.

First, ask yourself questions, to discover what dream is driving you. Learn how that will be expressed in the business you envision.

* What kind of business do you wish to start?

* What kind of service or products will you be offering?

* What needs expressed by your market, do they fulfill?

* Who will buy these services and products from you?

* How do you plan to finance this project? Do you know where financing can be found?

* How will people learn about your service and products?

* Where will your business be located?

Planning and Decision-Making

Considerable planning, important financial decisions, as well as legal steps, go into setting up a small business.

Financial Planning is vital during the overall business planning process. It includes:

* Financial planning and funding sources

* Pricing

* Record keeping

* Managing costs and expenses

* Cash flow forecasts and monitoring

* Analyzing sales results

* Contingency plans and financial reserves, including long-range financial planning

Operational Planning examines everyday production processes and management issues. Day-to-day business activities are also included.

* Acquiring suppliers.

* Employee hiring.

* Evaluating and choosing production methods.

* Product handling and delivery, etc.

* Choosing reliable, secure suppliers, who can provide raw materials and other quality supplies.

* Decisions about inventory and where to store it.

A legal Framework means the considering and adhering to all legal requirements, surrounding the setting up of a small business. It helps you evaluate the following:

* Types of business ownership

* Business-related legal requirements regarding safety, health, employment legislation, etc.

* Tax liabilities, including income tax, government insurance contributions, and VAT, etc.

Insurance includes numerous measures you have to take to secure your business.

Marketing: How a venture and its products and services, appear to the world.

* Marketing is all about identifying the needs of consumers, and satisfying those needs in a profitable manner. It is essential to identify the level of demand for your services, within the market you have decided to target.

Website: You need to build a website that tells your audience about your business, or helps you sell online. It needs to reflect your vision and commitment to quality.

Networking: The type of people you ought to know, and how you can meet them, so as to make your business succeed.

* Networking is becoming increasingly important for small businesses and is a key part of the marketing process.

* Take an inventory of all your contacts and relationships, seeking out those who can help your business.

Self-Development: Examining your skill set, and what more is needed for managing a successful business.

* Looking closely at your talents and current skill set, to determine what you still have to learn.

* Seeking ways to shorten the learning curve, with assistance from a mentor, a partner, or skilled employees.

* Online or local courses can also be of great benefit.

Future and Exit: In order to promise long-term success, you need to have a vision of how to expand your business into the future. Above all, you need an exit plan. Nothing continues forever, and you need to prepare to take leave of your business in a structure, controlled manner when the times comes.

Conclusion

Owning a business can be very satisfying and is certainly the biggest learning experience of your life. Careful planning, an understanding of the type of business you’ve chosen, as well as the target market it is supposed to serve, will increase your chances of long-term success.

Floor Plans For Nightclubs – Great Business Ideas For Your Night Club

Nightclubs are well-known for their hot dance floors and cool bars. When deciding on nightclub floor plans, there are a lot of decisions to be made regarding the placement of specific locations within the nightclub itself. There are certain elements that must be included in those plans no matter what type of nightclub is being built.

Nightclubs Need a Bar Area

Nightclubs must have a bar area for patrons to enjoy. Plans for a new nightclub must include plenty of space for a bar and seating for the bar’s patrons. The bar should be in close proximity to the dance floor so that thirsty dancers won’t have far to go to enjoy refreshing alcoholic beverages. This needs to be taken into account when deciding on the placement of the bar in the plans.

Nightclubs Must Have a Dance Floor

Every nightclub must have a dance floor. The nightclub floor plans should include square footage for the dance floor area. This area needs to be large enough to accommodate dancers, dance contests, or any other event that could possibly take place inside the nightclub.

Nightclubs Need Smoking Areas

Many of today’s nightclubs do not allow smoking in certain areas such as on the dance floor. In that case, the floor plans should include a space for smokers to use. Some nightclubs have an outside porch or terrace for smokers while others designate a small space inside the club for smoking patrons.

Some Nightclubs Have Restaurants

Some nightclubs also have restaurants inside their doors. If that is the case, the nightclub floor plans will need to include space for a kitchen area as well as seating for the restaurant’s patrons. The plans will need to separate the spaces used for the restaurant, bar, and dance floor.

Nightclub Themes

The theme of the nightclub being built will also determine the type of plans needed. For instance, a nightclub with a Vegas theme in Las Vegas might need to have extra square footage in the plans to accommodate slot machines or poker tables. An exclusive nightclub may want to find floor plans that include private rooms for VIP guests or private parties.

Leasing or Building a New Club

Depending on whether the nightclub building is being built according to new plans or using an existing space, nightclub plans may have to be altered. If the nightclub is being housed in a new building, any plan may be followed and built to the correct specifications. If a nightclub is being housed in a leased space or in an existing building, the floor plans may have to be altered to suit the existing building.

Nightclub floor plans need to meet specific requirements depending upon the theme of the nightclub and the requirements its owner sets. Different plans will suggest varying locations for the placement of the bar, restaurant, dance floor, and smoking area. Plans will also vary based on square footage needs. There are a lot of choices when it comes to planning for a new nightclub.

Business of Making Money Online in Nine Easy Steps

The business of making money online can be so easy that the very attempt of reading lots of information about it can even lead to much confusion and delay. This is because many people will give you different kinds of business ideas of making money online. I will briefly list nine easy steps you can follow in order to actually start making money online. At the end, you will have a focus and know that you can actually create wealth like thousands of others on the Internet by looking within, not without.

Step One: Motivation

You need to be motivated. By motivation, I mean that strong desire inside you to make money online. The easiest way to get yourself motivated is to read books on motivation. It is better to read books on motivation than on how to make money, if you are just starting out. With this, you are setting yourself on the right path to a resounding success. A book like Think and Grow Rich was the starting point of many millionaires. So, your first assignment is to read a good motivational book.

Step Two: Goals

Once you are motivated and got your mind set, the next single most important step is to set clear goals. People spend lots of money to learn how to set goals. Your country’s budget is goal setting. Your family’s financial budgetary plans are all examples of goal setting. I want to make $50,000 by the end of 2008 is a goal, but it is not clearly stated. Clearly stated goals are easily achievable. Your second important task is to get a good book on goal setting. Steps one and two will take you less than a day to get for free on the internet and read. This will sum up to give you a solid take off. With this, you will be strongly prepared for step three.

Step Three: Accessing Your skills

It is far easier to start making money from what you know than from what you don’t know. Thousands of people are already making a killing on the net from things you know. Why not look within yourself and jot down all what you know and are interested in. What did you read in school? What things are you interested in?

For example, I read Operations Research, through it, I know a lot about how to research things. Also, I am interested in reading story books, browsing, socializing, eating and preparing delicacies, visiting around the world and many more. With this listing done, you are now ready for the fun part.

Step Four: Getting a Focus

Each of the things listed above is a potential money making business on the internet. This means that you have already been where others have not, and you already know what others don’t know. You only need to do three things to turn any of those things above to money. The first is to take a single point above to start with. The second is to package it professionally. You can do this if you can read and write well. The third is to get it down to those who are highly interested in what you know. Now, let’s say I decided to focus on eating. Everybody eats right? This alone is big money. Now that you have a focus, on to step five.

Step Five: Getting a Plan

This step is very important. You cannot adequately go into the business of making money online if you do not have a plan. You must draw up a plan of how to make money with your area of focus. In my case eating. The plan should include researching into all the areas people have problems with your (focus) .In my case, eating and how other people have solved the problems others have. You will agree with me that there are thousands of eating problems as well as solutions. You should get down a solid plan of how to go about researching and documenting your findings. A quick search on free business plan templates on the net will give you a professional take off.

Step Six: Documenting Your Findings

When it comes to the business of making money online, you don’t just take everything you see and document it. Secondly, you don’t just document them any how you like. You need certain things to assist you. It is at this stage that you will join other businesses that are related to what your report is all about and join the programs as affiliates, then put the links they give you inside your report. This crucial step can mean four to 10 extra sources of income for you.

You also need the skill of laying out your book in a logical manner that makes it a joy to read, consistent design that pleases your customers and brings you more business, how to protect your intellectual property — no matter what you write and many more. There are professionally documented facts on these too.

Step Seven: Packaging Your Report

You will need to package your report in a way that makes it easy to distribute. To do this, you will need to know how to put your report in pdf formats, CD/DVD, videos and other forms. There are over thirty ways of repackaging your product.

Step Eight: Setting up Shop

Making money online requires a website, domain name ecommerce and auto responder services. You need to get them in place before you can start selling. They are very easy to learn and implement. Learn them well.

Step Nine: Advertising Your Business

This is the easiest part. There are 247 ways to advertise your website. You can work 1-3 hours everyday to advertise your website. You will definitely get fearful results. By fearful, I mean that you will see days when you will make money in thousands. Your only job per day is to be advertising your money making online business.

Let me conclude by saying that you should not take this as another write up. Get motivated, set clear goals, get a focus and stay focused, research, document, repackage, set up shop and advertise. These elements must certainly make you money on the internet.