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The Three Best Home Business Ideas For 2011

In today’s economy more and more people are looking for an alternative way to earn money. People are spending countless hours sifting through different job opportunities only to get the silent treatment from the companies where they applied.
All is not lost, there are other places to look for added income. The internet is a great place to look for a way to earn extra income. When you are looking for the three best home business ideas for 2011 you have to realize that there are so many options out there that you can pick and choose something you enjoy doing. And the good thing about working from home is that you can earn as much as you want as long as you are willing to put forth the effort. There are literally hundreds of different opportunities on the web where you can plug into and start earning the money you want.
In my opinion the three best home business ideas for 2011 are:
1) Direct Marketing – This is where you sell your own product or service. It can be anything from being a fitness coach to making your own sweaters and selling those online. It can also be anything in between. You just have to select a product or service and build a website and advertise and market that site until you start seeing traffic. Once the traffic hits the sales will not be far behind.
2) Affiliate Marketing – this is a very popular strategy for businesses to basically compensate you for selling their products. Almost every company out there, large and small, allow affiliates to sell their products. This type of marketing also requires a website and a lot of advertising and marketing. This can be inexpensive to set up if you join the right company.
3) Multi-Level Marketing (MLM) – This is another inexpensive option for someone to start earning income from home. This is probably on many people’s list of the three best home business ideas for 2011. This type of marketing has changed a lot over the years where at one time people had to beat the streets to get others in their downline, and now it can all be done online. This type of marketing is a strategy where you not only get paid for the sales you make, but you also get paid on the effort of others that have joined your team.
So, there are my three best home business ideas for 2011. They all have relatively small start-up costs, they all are home businesses which means you can talk to your accountant to determine if there are any tax advantages, and with a little effort they can all provide a significant amount of income. It also shows that working your home business is no different that any other business. It takes work and diligence for it to pay off.…

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Which Business Planning Book Should I Read?

What’s a good business planning book to read? I skimmed and read as many business planning books I could carry out of the library and came to the conclusion that there really isn’t a one size fits all business planning book. So, the important part of choosing a book is to figure out what your needs are and grab the book that most closely matches those needs.
To start off with, what is the plan all about? They aren’t scary. They’re basically a resume for a company. My favorite definition was from Sharon L. Fuller in How to Write a Great Business Plan for Your Small Business in 60 Minutes or Less.
“A good business plan contains dreams and ideas backed by facts and figures in a standardized format.”
I designed a business plan book comparison table to help pick a book. Here’s how to read the table.
Page design
Page design is my impression on how easy it is to read the book. Did I have to squint? Are the pages broken up with headers and paragraphs or is the book one long stream of tiny text? A rating of one means that the book is easy to look at and read. A rating of five means “The formatting of this book makes it difficult to read and detracts from the content.”
Depth of detail
The category “Depth of detail” refers to how “in depth” the book covers its topics. A rating of one means “This book goes into great detail on exactly what the topic is including how to read it and how to make it.” A rating of five means that the book glosses over some of the topics and just gives a basic definition.
Individual topics
A check mark means that the book covers the topic; a dash means the book did not cover the topic.
Topics that should be covered are what is a business plan, why make one, and what are the elements of one.
Then, the books go into the elements of the plan. Typical elements include an executive summary, business description, products and services, target markets, competition, strategic position, management, personnel, resumes, technology, profit and loss statements, sales forecasts, cash flow, milestones, and a risk assessment section.
Another consideration is if the book has worksheets in it. Worksheets can make the process easier, like “filling in the blanks.”
Here’s the business planning book table. Click on the smaller orange and white table to see a larger, easier-to-read version.…

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Starting A Work From Home Business Ideas and How To Market Them Online

Starting a work from home business ideas can be found very easily online, just Google “top 10 online business opportunities” and you’ll get back nearly 24 million results. Now that’s one way to get ideas, but if you’re not sure what type of work from home business you want to start, I suggest a little different approach.

Instead of trying to decide right away which work from home business idea is right for you, find an internet-marketing training program and learn how to market online first. Learning how to market online will give you a better perspective on how internet business works, and make it easier to choose the right business opportunity.

Why should you learn to market online? Go back to the Google search I talked about earlier. When I searched “top 10 online business opportunities” I got back nearly 24 million results. Who do you think gets more customers, the 10 businesses on page 1 of my search, or the other 23,999,990 business from page 2 on back?

Learning how to effectively market online and getting your website or video on the first page of a Google search, gives you the ability to reach nearly 2 billion people online for very little or no cost. How else can you reach that many potential customers without spending enormous amounts of money?

Here Are A Few Starting A Work From Home Business Ideas You May Not Be Aware Of:

Become an affiliate marketer and earn commissions for promoting other people’s products

Develop your own products like e-books or how-to guides

Become an internet marketing consultant, develop online marketing plans for individuals and businesses

Market you service business (massage therapy, day care, wedding planner etc.) online and generate an unlimited source of customers for your business

There are a lot of internet-marketing training products, franchises and training and mentoring programs to choose from online. Prices can range from a few hundred dollars to as much as $ 70,000 dollars. Do your research and find the one that’s right for you and your budget. You don’t need to spend $ 70,000 to learn online marketing, but don’t think you can learn to market online for a $ 100 either. Try to find a program that fits your budget as well as your needs.

Here are some of the things a good online marketing program should include:

How to research and secure domain names

How to use web hosting services like GoDaddy or HostGator.

How to build websites, blogs and landing pages using tools like WordPress and Optimizepress

How to create a sales funnel using your blogs, landing pages and websites

How to manage your prospects using autoresponder services like Aweber and Get-Response

How to promote using articles and videos

Search Engine Optimization

How to use social media

Make sure they teach both free and paid methods of online marketing

The best programs provide coaching and mentoring, frequent live trainings and online tutorials

Invest in yourself and your future, and learn to market online. Radio, television and print advertising is on the decline, newspapers and magazines are struggling to stay alive. Yellow Page ads are on the decline, and they’re starting to place their customers online with websites and other forms of online advertising. Statistics show by next year, internet marketing will be a 7 Billion dollar a year industry.

Even though many businesses currently have websites, most of them are not being optimized and are nothing more than digital brochures that few people will see. By learning to effectively market online, you will be able to generate an unlimited source of new customers for your business, plus your expertise in internet marketing is something almost every business on the planet is willing to pay you for!…

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We’ll Answer Your Pressing Questions About Real Estate Investing Today

We’ll Answer Your Pressing Questions About Real Estate Investing Today

Many people have considered investing in real estate, but aren’t sure where to begin. There are several options for someone purchasing property, whether they would like to “flip” a house or rent out to a business. Find out more about the process with the great tips in the following article.

Try not to overextend yourself. Don’t get overeager. Start small and work your way up. Don’t just assume that you can spend a great deal and make that money back. That’s an easy way to back yourself into a corner. Wait until your smaller investments can fund some of your more ambitious ones.

Make sure you have a budget when you invest in real estate that includes how much you’re going to have to pay to fix the home you’re buying up. You don’t want to blow all of your money on getting real estate just to find out that you can’t afford to fix it up.

One of the most important elements to investing in real estate is location. There are other important aspects to be aware of, but those are physical and can be altered or upgraded at any time. You want to pay close attention to other properties in that area and see if the house prices have been inflating or deflating. Always research property values in advance for the areas you are most interested in.

Business Plan

When investing in residential real estate, make sure you know the neighborhood you are buying in. Some neighborhoods offer better resale potential, while others are better for long or short term rentals. By knowing your neighborhood, you can create a smart business plan that nets you the highest potential for future profits.

Income

When you look at investing in real estate properties, think about a couple guidelines. First, do not pay too much for the ground. The next thing you should know is that you should not overpay. Estimate the property value and the business independently to see if it really is a good deal. You need to be sure both numbers are good before you buy it.

Money

Devote the time required to manage your business, as well as the time to continue learning everything you can about the field. To remain successful in real estate, you may just find that you need to give up some of your other outside passions. To become a success, you may need to cut out golf games or long vacations.

Opportunity

Know how much the opportunity costs are to start with. Doing renovations yourself may be a favorite hobby, but are you losing money because of it? Would you be better off looking for a less time consuming opportunity? If you are able to outsource, do so. This will let you free up time and concentrate on more important details.

The Business

Make sure to educate yourself on real estate before you get into investing. Doing research allows you to gain helpful methods and tips to use. Watch videos, get books from the library and search the Internet for all you can about investing in real estate to better your position.

Instead of going in blind, arm yourself with plenty of information about your possible investments. Real estate can be very profitable, but there are certain responsibilities you must be willing to take on. Remember the tips in this article and do more research so you may have the best experience possible.…