Blogging Your Way Straight to the Bank

A lot of people are skeptical in starting up a new home business mainly due to the fact there are costs that have to be paid for in order to start it up. Well, there is a free way of going about making money from your home that is being utilized by many people today. Blogs are being created in order to make massive amounts of money on the web today.

You may be wondering...Blogs? Come on now.

Well, number one blogs are easy to create and manage and they are also free to do as well. A good blog website you can use is Blogger.com. You will be able to choose a design and set up everything very easily with them.

Like I said early, blogs are free to create that way you don't have to design your own website and have to pay for hosting and such. You can have as many blogs as you want as well. If you set up many blogs that target certain niches, you could probably reach Google's top page ranks all for free.

A good way to make money with your blog is to promote affiliate products and write endorsing reviews on them. You will have a better chance of getting your sales through when you are honest and sincere about the product you are selling.

Another good way to make money with your blogs is with Google Adsense. You can sign up with that program for free and put Google ads on your blog and make money from them every time they are clicked. Be sure not to get caught with click fraud though as you will only get your account terminated.

Sometimes getting your blogs together can be a little bit frustrating because it's going to be something you have to work for. A good formula that a young man put together is to write about 5 blogs a day and by the end of the month you should be very happy to look in your accounts to see the money you made.

The secrets to getting your blogs recognized fast can be done very easily if you know what you're doing. Rob Benwell has created a course that can help you out in order to do things successfully.

How to Do Marketing Research

As an entrepreneur starting a new business or venturing into a new market, any person you approach for advice will likely tell you that it is important that you do some research before you take the plunge. There is just one problem with this advice - often, nobody seems to tell you how exactly you are to conduct your research. What type of information you need, where to find the information, what factors to consider or the scope of research needed is just some of the factors that you need to look into to effectively carry out marketing research.

In order for your research to be valuable to your marketing process, you must first have a clear picture of what it is you are doing. Many first time business owners and novice marketers usually confuse 'market research' with 'marketing research'. The main difference between the two is that the latter is on a larger scale as compared to the former. Market research entails analyzing a specific market for your product whereas marketing research not only includes conventional market research, but also new products and services, distribution channels and the consumer's wants and needs. In a nutshell, it is an all encompassing research on the market that includes product, processes, people, places and competitors.

Even though you may have clear understanding of the type of product you want to sell and how it fits into your company's overall mission and goals, this is not necessarily sufficient to make sure that your product sells. Marketing research can eventually help increase your sales revenues. To perform the research, you can follow the below steps:

1. The first step is to define your business goals as far as the product is concerned. Try to be as specific as possible as this will eventually help you obtain an accurate report.

2. Set a budget for your research and develop a timeline for research completion.

3. Think about the type of data you will need - There are two sources of data - primary and secondary. Primary data is data that you collect in relation to your product and is created from your own observation, understanding and analysis. Primary data can be collected by interviewing the general public through calling a set of randomly selected numbers or observing market reaction to a similar product. Secondary data is information that is obtained from books, journals, industry reports and any other information gathered by a third party. For secondary data, you can use the internet which has a large collection of e-books and company research reports, product information and market statistics. You can also check the library for product research conducted by various companies. Local chamber of commerce and trade and industry offices are another place you should stop by as these not only have research documents you can go through but can also provide vital advice on your intended line of business.

4. Analyze the data collected - This is where a lot of the work lies. You have to determine how to represent the data, what software to use and the acceptable margin of error based on the sample you collected and the methodology used to collect the data.

5. The final report - The information gathered should help you come up with a report that will help you decide what marketing strategy to employ. This report should ideally include charts, flow diagrams and statistics that back up your research and your intended strategy.

Company And Business Law Advice



Company and business law is a specialist subject so, when starting up a new venture, it's a good idea to talk to the people with the experience. When we start a company to do business, the most common reason is to separate the enterprise risk from our own personal and family assets. This means it's possible to limit the amount of money that a business owner can owe personally.

One of the most popular and successful types of enterprises is a limited liability company. This option has several advantages over a partnership or a company with sole trader status.

1. Forming a limited liability company means you can protect the name of your enterprise. When your establishments name has been registered, no one else can take that name. This is not the case with sole traders and partnerships, who do not have access to a register where they can protect their establishments name.

2. A limited liability company is a separate legal entity from any of its shareholders, which means that a shareholder can enter into a contract with the firm. Shareholders may be employed by the firm and may loan money to the enterprise in the same way as any other unrelated party can do. This also means that the shareholders' liability for losses is normally limited to their share of the enterprise ownership.

3. With a limited liability establishment, it is much easier to attract funds and investment. There are several different ways to raise capital with a limited liability company. This can include the issuing of new shares which are purchased by new shareholders to bring capital into the venture. Capital can also be raised by offering the firm as security or collateral for a mortgage or debenture that the company takes on. This allows more options and more security for the lender. Companies can secure a loan more cheaply and more easily than individuals.

4. A limited liability company means that it is possible for a shareholder to have their lending to the enterprise secured by a debenture. If the company then finds itself in financial troubles and is wound up, the debenture holder would be first in line ahead of unsecured creditors when the residual assets are distributed.

5. Having a limited liability company ensures the continuity of the venture, even if one particular shareholder wants to sell or transfer part or all of their shares to another party. This also makes it much easier to sell the whole company or pass it on to someone else as a separate entity.

How to Write a Business Plan for a Computer Repair Business

So, you have decided to open up a new computer repair business, but really are not sure how to proceed. If that is the case, below we are going to tell you everything that you need to do in order to not only make an educated business decision. But also, the steps you need to take to create a comprehensive business plans that will at the very least, provide you an excellent road map for your new venture.

There are many different kinds of formats used to create a business plan. In this example, we are going to assume that you will not need an outside financing source and that your computer repair business will only be a local operation, at least initially.

The concept behind a business plan is relatively simple to understand and execute. Essentially, you want to make sure that what you are thinking about opening is financially viable, and if so, then write down everything that you need to accomplish in order to turn your idea into a profitable endeavor. Below we are going to layout a traditional business plan and let you know precisely how to complete each section.

# 1 - Executive Summary - You really do not have to work on this section of the business plan if you do not planning on showing it to anybody, or you are not looking for investors or an outside financing source. That being said, if you are really serious about turning your new enterprise into a profitable going concern that has the ability to not only grow, but is also sustainable, you should sit down and spend a few hours writing out the executive summary.

The executive summary which is also sometimes called the management summary, goes at the very beginning of the report, but should only be written AFTER you have completed the entire business plan. Its intended purpose is to capture the reader's attention, get them interested in the business, and briefly explain the concept and everything else that is contain in the report.

# 2 - Business Description - This is where the real work starts when you decide it is time to get serious, and begin writing out your business plan. What you want to try and do is to get all of you ideas down on paper so that you can refer back them in the future if you need to.

Please do not be concerned with you writing style at this point, but only the information. Later, after you are sure you have included everything that you want or need, you can go back and clean up the material. Below are some of the things that need to be discussed in this section.

A) Why you believe this is a good business to start.

B) What do you know about this type of business.

C) What skills are you bringing to the table.

D) What skills do you need to acquire.

E) Who is your market.

F) Why is there a need for the service or product you plan on supplying?

G) Why you believe that your business will be able to serve your market better than any of your competitors.

H) What will make your business standout from the competition.

Okay, you get the idea. Please do not limit yourself to the things we discussed above, but also include anything and everything else that you think could be important.

# 3 - Market Analysis - This might be the most important consideration for anybody that is thinking about opening up a new computer repair business. After all, if there are already 14 other similar companies competing in your neighborhood, it would probably be a good idea to think about doing something else.

In all seriousness, you really have to understand your competition at the highest level, know what their fees are, be familiar with the services they provide, and figure out a way to improve on everything that they do. If you are confident you can meet or exceed the stipulations mentioned above, then your new business just might have a chance of succeeding. Below you will find some of the areas you need to research and be familiar with.

A) Write down each and every store or standalone operation that you will be competing against.

B) Note each and every service that they provide.

C) Figure out exactly what they charge for each job.

D) Here is the tough one, ask yourself, now that I know everything about my competition, how am I going to everything they do, better and cheaper?

If you are able to answer that last question, and you are happy with the way you answered it, you just might have a real chance of making it.

# 4 - Organization and Management - More than likely when you first start your computer repair business, you are not going to have any employees. But, there are going to be certain jobs, like setting up a computer network for a large company that could require a little extra manpower. If so, have you thought about who you know that you can bring in at a moment's notice that would be willing to work part-time.

Next, people that enjoy working on computers are usually very organized and hopefully you happen to be one of them. If not, it is really going to be very hard for you to run a company that is in an industry that is time sensitive. After all, when you tell somebody that you are going to arrive at their home or business at 4 pm, and you show up three hours later, do you really think that they are going to call you the next time they have a computer problem?

Another thing that you need to take into consideration in this section, is as your company grows and you acquire more and more customers, when do you hire another computer technician and who do you hire? Do your hire somebody that already has a great deal of experience and will demand a very high salary? Or, do you hire a novice that you can train that will be less expensive? Below are some of the things you are going to need to ask yourself in order to complete this section of the business plan.

A) Am I organized, and if not, how do I improve in this area?

B) Am I good at training people?

C) Do I have any friends that will part-time work?

D) Do I know how to delegate, or do I have to do everything myself, so that I know it was done correctly?

E) Can I accept other people's shortcomings and help them improve in those areas?

F) Should I invest my capital in my staff and how much of an investment can I justify?

And, you thought it was going to be easy to open a small computer repair business. If it was easy, everybody would be doing it. If you are not prepared to at the very least to answer some of or all of the question in this section, starting your very own business just might not be a great career choice.

# 5 - Services and Products - This is an area that you really should not have too much trouble with. If you do, then you definitely should not be thinking about starting a computer repair business. In this section, you need to use the information you gathered about your competition and write down all the services or products you plan on promoting, as well as the fees you plan on charging for your services.

# 6 - Marketing, Advertising, and Sales - Computer geeks by their very nature are usually not outgoing people that make good salesman. That being said, your business needs customers and to get them you are going to have to think out of the box and come up with some creative ideas. We are going to provide you a few proven marketing and advertising techniques below, but you really need to figure out what your competition is doing in this area, and then either copy them or come up with better schemes.

A - Website - Of course you are going to have to build a website, after all, you are in the computer business. Hopefully, you know how to properly SEO your new site, if not, find somebody that does before you waste your time, effort, and money by creating a site that nobody is ever going to see.

The good thing about a computer repair businesses is that virtually every one of them is a local operation. That means that your competition on the internet for highly targeted traffic will not be that fierce. In other words, if you correctly onsite and offsite SEO your new website, there is a very good chance that it will move up the search engine rankings extremely quickly and you will get to Google's first page, and just maybe, the top spot on that page in only a couple of months.

TIP # 1 - Remember this is a local business, and when you select your URL it is critical that you choose a local name. What we mean by that is, if the name of your new business is "Joe's Computer Repairs", that is not what you want to use for its URL. Instead, you want to use your towns name in the URL.

That means if you live in Dallas for example, you want your URL to be "DallasComputerRepair.com". The reason you want to do this is very simple to understand, all of the search engines will move your site up their rankings whenever somebody in Dallas types in the search term "Computer Repair".

TIP # 2 - For any new business, it is absolutely critical that when somebody does find your website, you get them to either give you a call or send you an email. To do this, you really have to offer a great deal that everybody who visits your site, is sure to see. A few examples you could use are the following.

I - Second repair visit FREE.

II - Half price on service calls for all new customers.

III - Free antivirus and malware software for all new customers on first service call.

B - Low Cost or Free Advertising - All new businesses have the same problem, which is they are not generating any cash. Thus, they cannot afford to spend too much on marketing or advertising. So, you have to find ways to promote your business that are either totally free, or cost very little. Below we are going to provide a few suggestions, but you know your local market far better than we ever could, and you need to come up with your own marketing ideas.

I - Craigslist's - If you are not familiar with this site, it allows you to place classified ads for free, so use it. In addition, there are quite a few other sites that provide the same free service, so please find them, and use them.

II - Social Media - Almost everybody has heard of the following websites Facebook, Twitter, and YouTube. These types of sites are called social media and they allow their users to interact with one another. If you were able to build up a strong local following on anyone of these sites, almost assuredly, your business would eventually turn into a huge success story.

111 - Flyers - Printing out 10,000 flyers is not that expensive and they can be a fantastic marketing tool. Not only can you hand them out in your neighborhood, you can also distribute them to the local businesses and put them up on bulletin boards at grocery stores.

IV - Neighborhood Newspapers - If you are fortunate enough to live in an area that receives a free neighborhood newspaper delivered to your door each week, you might want to think about advertising in it. Their advertising fees are very reasonable, and your ads just might be able to generate enough leads to get your new business off the ground.

It really does not matter if you are the very best computer repair engineer in the world, if nobody knows about you, your business will surely fail. In reality, this might be the most important section in your business plan, because if you do not develop a marketing and advertising program that is going to work in your local market, almost assuredly your new business will not be around for more than a year, if that long.

# 7 - Financial Projections - The great thing about starting a computer repair business, is that in most cases, you will not have to spend a great deal of money to get it up and running. You do not have to rent a store, more than likely you already have a car, computer, and some, if not most of the software that you need. In addition, you do not have to put anybody on the payroll right away. So, other than your advertising expense, you really do not have any cash flowing out of the business.

The most important thing for you to note in the financial projection section of your business plan are the capital expenditures you need to make to open the business. These could include but are not limited to a new laptop computer, more software, a better cell phone plan, and your advertising expenses.

As for your income projections, you should definitely set goals for yourself using realistic figures. After all, you do not want to set your goals so high, that you later become discouraged when you don't achieve them, and you do not want to set them so low, so as to not challenged yourself.

Conclusion

For the most part, the people that do well in business not only had a great idea to start with, but were also committed to their company and were willing to put in the time and effort that was required to make their firm a success. Working for yourself requires far more determination and discipline than just about anything else you can do in life.

A Great Multi Level Marketing Opportunity



If you are a part of DXN, or any other multi level marketing company for that matter, then you know how important it is to build a downline. You know that without a downline you severely limit the amount of money you can make. The purpose of DXN USA and the multi level marketing industry is to help you build a business that sends you residual income each and every month. But the only way you can do that is if you bring others into the business and show them how to sell the products and build their own personal downline.

So how exactly do you do that? How do you find interested prospects and get them to want to sign up for the DXN USA opportunity? Well its really quite simple. You need to use the power of the internet. You need to set up landing pages and give away information such as a free report in exchange for a name and email address. You see, there is no shortage of people who are ready to get involved in the DXN opportunity. You just have to position yourself in front of them and show them how this opportunity can change their life.

The internet is the land of opportunity. Technology makes it very easy for you to put your whole recruiting process on autopilot. Once you get their name and email address, you can automatically send them trainings and more information about the opportunity that is designed to make them want to take that next step. As you build your downline you can teach them how to use the internet to build their business as well. As you do this, you will be creating a residual income that can last for years. But it all starts with learning how to leverage the internet.

Why it is Easier to Invest For the Long-Term

Counter-intuitive as it may sound, it is very difficult to predict the near-term future when it comes to investing. This is not to say that it is difficult to predict if a given stock will go up or down the next day when some news is heard. If a scandal breaks out, obviously the stock will fall in price. Likewise, if a large drug company gets a new wonder drug approved, the stock will go up. Sometimes even in these situations a stock will still trade in an unpredictable way. This occurs when the price of the stock has already gone up so much on the expectation that the drug would be approved that it falls a bit after the actual announcement comes. (This behavior is the reason for the old axiom, "buy on the rumor, sell on the news".) But in general the reaction of a stock's price to news is fairly predictable.

The issue is that just as you can predict the direction of the stock due to the news, so can everyone else. You will therefore never be able to profit off of the news since you'll be in a long line to buy or sell the shares, and the people on the other side of the trade will have heard the same news and adjusted their prices accordingly. For a mainstreet example, if you owned a house on the outskirts of town, the price might be $150,000. If word comes out, however, that a new business park is going to be built in the area that will cause a lot of people to want to live on that side of town, the price might jump to $250,000 overnight. If you are that homeowner, unless you did not hear the news about the new business park and your real estate broker is equally clueless, you would not still price your house at $150,000. You would want at least $240,000. You might even think that the price may climb higher and not sell for less than $280,000. As in real estate, just because a stock traded at a given price one day does not mean it will trade at that price again after news breaks out. The person selling the shares hears the same news as the buyer.

All news that affects the long-term is not priced into stocks instantly, however. While everyone has the same information and is able to do the same analyses, there still tend to be differences in price between what a company trades at and what it should be trading at given its future earnings. The reason for this is that it is more difficult to predict future earnings with certainty, so there is a "risk premium" included in the price. One may expect earnings to increase by 15% annually over then next 5 years, which would cause the stock price to rise by about 15% per year, but things may happen that cause earnings to only increase by 5% or even fall. Because there is no guaranteed rate of return, and an actual risk of loss of capital, investors demand a greater potential return and price the stock accordingly.

Despite this uncertainty, enough predictions of future earnings come true to allow investors to chose stocks that have a propensity for growing in earnings and price at a rate far greater than what can be received from low-risk investments like a bank account. It is normally fairly easy to pick stocks that will probably be worth more in the future (due to future earnings and dividends) and yet the price of the stock will not always fully take in these future earnings into account. Buy buying a set of good prospects, the chances are good that one will outperform the markets, which are made of both good and not-so-good prospects.

What to Do Now That You Know Settlement Companies



Are you getting a sick feeling about your credit card debt settlement program since the Federal Trade Commission announced settlement companies used a business model based on deceit to get your business, take your money and actually help you fail? Are you surprised some for-profit settlement companies are endorsing the new law but screaming foul because so-called nonprofits were not included?

Use a search term like "new FTC law debt settlement companies" to see what it's all about and after you do a bit of studying you'll discover it's just business as usual in the debt industry. The "for-profits" are upset that "nonprofits" are not included and can charge any amount because the nonprofits are usually owned or are an extension of the original card companies and therefore exempt from nearly all federal laws. Still surprised?

The net result of the new law for consumers will be business as usual no matter which one you deal with in the settlement industry. Your hard-earned dollars will be taken from you and passed up the food chain to feed the lavish requirements of the banking industry. If this confuses you please use the search term "the gig is up--money, the Federal Reserve, money and you" to get an out behind the barn education that will change your life forever!

Having watched the "gig" you know it's just the same old song with a different tune so the new settlement law will not help you and the card companies will continue their outrageous and unchecked card shark tactics. But, that's using the new law so if you go back in time to 1966 and look at the old FTC law you'll find a whole different tune being played.

Virtually anyone can achieve a 40 to 50% debt settlement on their own without using a settlement company by refusing to pay the card account. Card companies may voluntarily offer these rates before they write off and close your account as mandated by federal law after six months of non-payment because they are going to sell your account information to a collection agency for perhaps 5% or less of what you allegedly owe. Why take a 95% loss when you're offering them 50%?

The arrogance of banks usually leads them to take the so-called 95% loss because they actually don't lose a penny anyway and give you a slap in the face by having some thug collector attempting to make your life miserable. Here's where the fun and savings begins when you invoke your constitutional rights and use the legal system to put collectors in the unemployment line.

Use the search term "FTC debt video" and watch this powerful law which has been reduced to cartoon status so the public will simply bypass it believing it's just another Bugs Bunny show. Listen to the words carefully or download the PDF version of the law to realize the real significance. Beating collectors over the phone is easy and handling their written collection notices is a piece of cake!

Hopefully, you now understand you don't need a settlement company whether it's for profit or some alleged nonprofit extension of the card companies. Credit card debt or either type of settlement company is always hazardous your financial health. Perhaps Congress would stand a better chance of getting a meaningful law passed through the FDA where bankers don't write the laws! Live life and have fun!

Starting A Business



I have had several people tell me that they want to start a business but do not even know where to begin. Honestly, it can be pretty overwhelming if you don't have any steps to follow. Thus, what I am going to share with you here can serve as guidelines for you.

Be sure that what you intend to do is your passion.

Don't just jump into any business because it's a fad, your friend made money out of it, you think it's going to make money, or whatever reason other than it being your passion. So before you even think about setting up your own business, ask yourself the following questions: What do I love to do? What do I enjoy doing? What am I really good at? What am I most experienced in doing? From here you will know what your passion really is. And if the business you are thinking of setting up does not fall in this category, forget it. It is not going to work.

Work with what you got.

Do not even attempt to think of thousands or hundreds of thousands if all you have are hundreds. I am not talking about financial projections here but where you are to begin. If all you can spare is $500, then work on that. If all you have is a computer and phone, then work with what you have. Start with what you have, not with what you don't have. Then work your way from there.

If you need top-of-the-line equipment, look for slightly used ones for sale instead of buying it brand new. Keep your costs low.

Invest wisely.

Whether you plan to borrow money or you have enough savings to start with, learn to invest wisely. Write down everything you need, and prioritize.

Your priorities should be your main business tool or equipment, as well as your promotional tools.

Find out what business laws you have in your city/state.
Some cities/states do not require you to register a business unless your gross yearly earning is over $12000. If this law applies to your location, and if you are not sure how much money you will be making on the first year, then don't register your business yet. Test the waters first and work your way from there. As far as I know, if your business is not legally registered, you are only allowed to use your name and not any other name for the business.

One way to really start low is to experiment first. If you plan to venture into a food business, try cooking from home and sell your food to your neighbors and friends. If you want to do wedding planning, then let your friends know and do their wedding planning for them, for a very minimal cost. You can even do it for free. This is a good way of building up your credentials.

Get all your tools ready.
Other than the equipment, furniture, supplies, and other things you need for your business, the 'tools' that you need to prioritize are your "promotional tools". These include your business card, website, flyers, business sign, letterheads, brochure, social media, etc. The kind and extent of promotional tools you need will depend on the type and size of business you are thinking of. The basic promotional tools for any type and size of business are business cards, website, brochures, flyers, and social media. Do not even attempt to start a business without these tools ready; otherwise you will be like a soldier in battle without his ammunition. Likewise, do not attempt to do all these yourself unless you have the skills and experience in doing so.

And don't forget the most important tool of all: your business plan. This is your blueprint - where everything about your business lies. It is what you will need to apply for a loan, to apply for a grant, and to create your promotional tools.

Leave your promotional tools in the hands of those who are more equipped to do it. This is where I can be of help to you.

Promotion is the key.

Once you have all your promotional tools ready, it is going to be easier to promote your business. Have your business cards with you at all times and give it to anyone you meet. Your business card should already have your website and social media addresses. Flyers help a lot when you are promoting a product or a service that is better presented through visuals such as photography, weddings, flower arrangement, etc. Brochures are most effective if your target audience are groups of people such as church, organizations, corporations, etc.

Utilize every opportunity and connections you have. Keep promoting!

Build relationships.

Repeat business is the biggest indicator of a good business. And the only way people are going to refer you to others, or do business with you again, is if they are satisfied with what you provided them with. Customer satisfaction is not so much how good your product or service is but how good they felt about you and what you did for them. It is all about the relationship that you build with people.

Integrity counts the most.

Integrity is more than trust. It is the result of consistent trustworthiness. It means that you walk your talk... you deliver what you say you will do... you stay committed to your commitments. When you have integrity, customers will prefer you over your competitors. They will choose you because they know that they can rely on you, whatever happens.

Work harder than an employee.

Some people who are considering setting up their own business think that if they do this, they can relax and act like the big boss who seems to do nothing but walk around. The opposite holds true. Since you are your own boss when you have your own business, you really have to operate like a boss. And bosses are not just walking around. They are the ones who do almost all the thinking, problem solving, decision making, financing, networking, and all the more difficult and tedious mental tasks. Add to this working like the hardest working employee you can ever find. In short, you are the boss and employee at the same time, unless you plan to hire people under you.

Stay committed and consistent.

Once you start a business, you have to remain committed to it. It's not an experiment that you can just start, and then end when it does not work in a few months. You can't be dictated by your emotions. You have to get going no matter what happens. This brings us back to what I said in the beginning of this article -- find out what your passion is.

Basics of Creating a Small Business Plan

Starting a new business can be a daunting task but a rewarding one. This article is meant to help give some direction to someone that is thinking about starting their own business. A general idea of what ground work you need to think about and start planning for if you are serious about pursuing your dreams and making them become a reality.

First, you need a business plan which may seem cumbersome but is extremely necessary to flesh out the feasibility of your ideas. Not to mention a good business plan is vital to gaining loans or grants to fund the project.

A Business Plan should at least include but is not limited to the following:

1. Name of the business
2. Who are your competitors?
3. What makes your product or service better than your competition?
4. Do you have any strategic business partnerships you can leverage?

• If you are a caterer can you partner with a hall? This way you are guaranteed so much business & start a word of mouth client base.

5. Definition of who your customers are

6. How you are going to market & sell to your customers

• Are you going to use website, flyers, radio ads, strategic partnerships
• Market analysis can be done with the help of:

US Department of Commerce and Census Bureau
National Trade and Professional Association directory
Web-based: Google Trends, Trends Map & Social Mention Linked-in
Annual Survey of Buying Power produced by Sales and Marketing Management magazine - This can help with projected revenues.

7. Define your product or service
8. Develop a mission statement, branding & message you want to advertise
9. Legal Paperwork -

• Need a license, then speak to your state's department of licensing and regulatory affairs.
• Patent ideas -Contact the Patent and Trademark Depository Library. Find out if you have an original idea and who to talk to if you need a patent attorney.
• Copyrights have to be registered with the government for about $65.
• Determine what type of business you are going to register under ie

- Sole proprietorships register a "Doing Business As" with the county clerk.
- Limited Liability Corporation(LLC), INC, PLC register with the state ie MI Dept of Energy & Labor

Working with a lawyer that specializes in zoning and business law can be helpful to avoid pitfalls. They can set you up with legal paperwork for clients to sign in an effort to reduce settlements. Business lawyers can help keep clients from coming after personal assets in the case of lawsuits ie LLC setup. They may have ideas depending on how you setup your business as to what insurance you will need too. As anything it is good to get at least three bids from different companies to get the best deal for your business.

10. What are you going to need to get your business up and running?

• New Structure & Land - Contact the planning office about zoning laws and building permits
• Existing structure - Contact the planning office about zoning laws and who to contact about getting a licensed inspector because not all inspectors have any ie electrical or HVAC licenses. If you run a business out of your primary residence you can sometimes bypass a business tax on your property but may need a inspection to make sure you are compliant with current codes. Check to see what local laws apply to you.

11. List of Expenditures ~Split into initial setup fees & annual cost of doing business:

•Business Lawyers

Zoning & buying land, Setup of DBA or LLC + registration fees,client legal forms to reduce settlements, Copyrights/ Patent Costs and Business Insurance

•Licensed Skilled Trades

Inspector Fees, Permits, licensed electrician/ HVAC/ plumber to bring you up to code.

•Equipment / Supplies

Renting Building, computer, printer/fax/copier, Bulk supplies, Used/ surplus equipment

•Marketing /Sales

Initial Market Analysis Costs, $120 setup a domain name & website/yr, $200/yr list with search engines & use clickthrough services to increase web traffic, flyers & radio ads

•Employees

Your annual wage & health Insurance, employee wages, Payroll accountant or software. Speak to a business account to see if you need software for payroll that includes health insurance/workmen's Compensation Insurance/Social Security/ state and federal tax with holdings.

Note whenever I have managed projects and budgets I add 15% to projected costs. This is in an effort to cover unexpected events ie building delay due to weather that puts you behind on opening and therefore reducing anticipated revenues. Or used equipment may break and need to be replaced. Your list will vary but the above list is a basic start to making an expenditure list for your business.

12. Projected annual revenue - Include how you are coming up with these numbers.
13. Projected Return on Investment (ROI) for investors
14. Exit plan - This defines what happens if you go out of business and how your stakeholders who invested in the business are going get their money back ie sell equipment, etc.

This is not an all inclusive list for everything contained in your business plan but should give you a good idea of where to start. Once you have a good portion of the above information worked out and written down. Then you could see one of the below organizations to help you work out additional kinks and polish the business plan. Then you can seek out people to fund your business.

Qualified Annuity Leads - How Important Are They?

If you are in the business of selling annuities, you would know the importance of having qualified annuity leads in your possession. No business of selling annuities can be a success without qualified leads. In this case, since you are selling a financial product, the value of a lead has to be high. You cannot afford to buy leads that are worthless. At the same time, you also cannot afford to be in a position where you have no leads. That would be a position leading to disaster. How can you ascertain whether you have a good list of annuity leads?

When you search for prospective clients to sell annuities, you are likely to find two types of leads. Perhaps you will land up wit raw leads in the first place rather than qualified leads. Raw leads can also be called prospects but are perhaps less likely to give you the type of returns that these leads can. Raw leads are derived from taking calculations of demographics and age of the leads. On the other hand, qualified leads are people who are genuinely interested in buying annuities and have been making inquiries about the same.

If you are looking for leads, you should try and concentrate on getting qualified leads for your business. Investors mentioned in a list of these leads are people who know about the subject they have professed their interest in. They will give you the confidence of dealing with an individual who knows what is being discussed. You will probably not be able to sell just any product to such individuals. However you are more likely to make a sale with these types of leads.

You could also make an attempt at selling annuities to raw annuity leads. The fact that they are individuals based on demographics or ethnicity in no way disqualifies them from buying an annuity. However you must understand that these people are less likely to make an investment in annuities as they only represent a list that has been prepared by using a certain background.

How can you go about finding qualified annuity leads? One way is to go through a reputed lead generation company. You will be required to spend a lot of money when buying such leads as they are very expensive. These companies usually verify every lead they have before a sale is made. Even as you spend the money on the purchase, you can rest assured that you have a lead that is qualified enough to give to some business. Do not under any circumstances deal with a company that promises leads at a low price. Chances are that the leads have already been sold to other individuals as well. You will only be wasting your time and money behind such people.