Career Advice

Protecting Your Corporate Name

Protecting Your Corporate Name

By: Jonathan Brown

Imagine this: you want to sell widgets, and you've chosen the perfect name for your brand new widget business. You've made the name original and yet homey, easy to say, hard to forget, and you've checked databases everywhere to make sure that nobody else thought of it first. You've invested vast sums of money in marketing materials and storefront signs that include your wonderful new name. Best of all, you've already impressed some new widget customers with your amazing services and they are spreading the word that your business-yes, the one with your fabulously unique name-is the place to go for all their widget needs, bar none. You love your new name.

Then picture this: shortly after your widget shop opens for business, you learn that a guy two blocks over is using the same name, for a strikingly similar widget business. That's your name hanging in his window, by God! Customers are getting confused. Your business begins to drop off and you suspect the other widget guy is getting the customers who were looking for you.

Is this nightmare scenario possible?

Sadly, yes-but only if you don't know how to protect your corporate name properly.

The first thing a new business owner must do is register the name of the new corporation. The procedure for registration varies by state, but generally involves some very simple paperwork to be submitted to the state's Secretary of State's office, along with a small fee. The Secretary of State's office will not register two businesses with the same name, so this procedure will prevent later businesses from incorporating in the same state under your corporate name. Registration with the Secretary of State's office will also legitimize the corporate identity of your business as a legal entity separate from its founders, and will provide evidence to demonstrate that the name is being used in commerce when you next register the name as a trademark. Be aware, however, that a business can incorporate in any of the fifty states, so registering your business in your own state provides only partial protection of your corporate name. To provide greater protection, it is necessary to register the name as a trademark or service mark with the United States Patent and Trademark Office.

Registering your new business name with the U.S. Patent and Trademark Office will provide nationwide notice of your claim to the name as a trademark, and invokes the jurisdiction of the federal courts in protecting the name. To register a new business name as a trademark, an application may be obtained online at the U.S. Patent and Trademark website, www.uspto.gov. This application may either be filed online or mailed into the Patent and Trademark Office. Be aware that the processing of your application may take more than a year, so this application should be filed as soon as possible to begin the process. Status of your application may be checked online.

You do not need to wait until your trademark is nationally registered to begin protecting your right to it, however. When using your business name on marketing materials or other written matter, you can demonstrate your claim to the name as a trademark by adding a small "TM" at the end of the word. This provides notice to those who see the written materials that you consider the name to be proprietary and should not be "borrowed" by others. After you receive national registration of the business name as a trademark, however, it will receive the greatest possible protection and you may demonstrate this by including an R in a circle, "®," at the end of your business name.

Once you have received trademark registration, you must file periodic Affidavits of Use with the Patent and Trademark Office to prove that the name remains in use. If you cease use of the mark for a period of years, you will lose ownership of the name as a trademark and others may be able to use it.

Next comes the business of "policing" your trademark. This involves online research and investigation within your own industry to determine whether your trademarked business name is being used by others in the same or similar business that might cause customer confusion as to your business identity. In that event, a judicious letter often dissuades the newcomer from using the business name. If a letter is ineffective, the matter may be resolved through litigation.

The founding of a new business is a busy time, but it is necessary to begin as quickly as possible to protect the new business name against infringement. In this way, it is possible to prevent customer confusion and retain all of the customer good will that they have come to associate with your company's name.

 

Author Bio
Jonathan Brown recommends limited liability company for more information about protecting your corporate name.

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Tips To Help You Become A Better Online Business Person

 

Tips To Help You Become A Better Online Business Person
By Kurt A Tasche

Starting and maintaining a home business enterprise is a bold move. Home businesses can be immensely successful if you know how to maintain your businesses affairs in the right way. This article will cover some of the essentials you need to consider, to ensure the growth, success and profitability of your online business.

If you have a home based business, don't miss out on the home office tax credit. You can claim this space even if you don't devote an entire room to your business. If you have an area which is only or primarily used for business purposes, you can claim it based on square footage, and calculate the portion of your home that is taken up by your office space.

Once you've decided on a product to sell, do your homework and check out your competition. Look at their prices and study the quality of the goods that they are selling. Make sure not to price yourself out of the market, and figure out how to deliver the best value to your customers.

Set up a Post Office box for all your business mail. It's best to do this, rather than put your family at risk by using your physical address. This is especially important if you are doing most of your business online. Don't ever post your home address online, for any reason.

To reduce distractions keep your office off limits to children. Have set work hours that enable you to run your business and still have time for your family. Older children should understand not to disturb you while you are working. For your business to succeed your family needs to be supportive and respectful of your work schedule.

Take all of the home-business tax deductions that are legally allowed. For example, you can deduct the cost of a second telephone line or a mobile phone if you use it exclusively for your business, but be sure to keep sufficient records to prove your deductions. Taking all permissible write-offs helps you keep more of what you earn.

Although you may be used to working eight hours a day and then being off, you have to realize that in order for a home business to thrive more of a time commitment may be needed. Once everything is in place you will be able to relax a little.

Maintain a professional attitude as you begin your home based business. Keep your personal life and your professional life separate. Just because you are working from home, does not mean that you should engage in any family responsibilities during the time that you are supposed to be working. You will not be successful if you do not put the time into running your business efficiently.

Don't walk into a home business enterprise blind! There are many online discussion forums designed for small business owners to discuss the unique obstacles in this field. Look locally for other small business and home business organizations that meet in person. Either way you go, networking with other business owners gives you an excellent support system.

Having a business license for your home business often allows you to purchase things wholesale. This is excellent news for people who make their product, since you can search on product search engines for bulk orders of raw materials. This minimizes trips to the store, and frees up your wallet for other expenditures.

In the end, for most, having a online business allows for a level of control and creativity that the mainstream approach lacks. However, after reading this article, you may realize that you cannot necessarily go about maintaining a successful home business in the same way that you would maintain a traditional business. By utilizing these tips and advice, you will set your business up for a lucrative and stable future.

Kurt Tasche is an internet entrepreneur and home business professional who enjoys sharing his ideas through his Home Business Ideas and Opportunities blog. You can read and subscribe to his blog by going to www.kurttasche.ws

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Website Value Appraisal: How to Evaluate Your Website's Value

 

Website Value Appraisal: How to Evaluate Your Website's Value
By Bob Tom

Although there are many tools for calculating a website's worth online, they may not always be accurate. It is for this reason that you ought to understand how to evaluate the value of your website. For example, some of these websites use only income gained from Google AdSense. This is wrong because numerous websites have many other income streams other than Google AdSense. Secondly, income from Google AdSense cannot be considered the standard of measuring ad income since it's actually very low.

Another factor that has been wrongly used to measure the value of a website is Alexa ranking. Although this is a widely used measure, it is mainly based on the amount of traffic to a given website. To be considered, users must have an Alexa toolbar installed. This eliminates the count of many other visitors to a given site. Secondly, a high number of visitors to any given site does not necessarily equate to a high income. Income is mainly based on the business model that any site employs.

Accurate Methods of Determining a Website's Value

Although these methods may appear tedious, they are the best approach in determining how much a website is worth. Another factor to bear in mind is that only a website's owner can accurately calculate its worth. This is because only he or she has custody of the website's data.

1. Amount of Revenue Generated

There are numerous ways to monetize a website. The most common include:

  • Offering ad space - examples include AdSense, Infolinks, and affiliates.
  • Product sales - examples include eBooks, brand caps, and T-shirts.
  • Subscription based payments - examples include online courses and membership based resources.

A website that has these, or any other way of generating income can be valued based on the amount of money it generates daily, monthly, or yearly.

2. The Age of a Website

This offers additional value to a website because search engines, especially Google place more value on it. This is based on a number of parameters including:

  • Brand recognition - the older a site is, the higher the possibility that it has grown into a known brand.
  • Number of backlinks - older websites have more backlinks that newer ones meaning higher traffic.
  • Trust - People will definitely place more trust in an older website than one that has just been created.

Although there may not be a definite monetary value, age places an older website at a higher value.

3. Domain Name

The factor you should consider here is the market potential of the domain name. A domain name can determine a brand's competitiveness, marketability, and SEO. An easily recognizable domain name is easy to find and remember. This automatically translates to higher traffic and therefore higher potential income.

4. SEO Analysis

Websites vary greatly in terms of the way SEO has been applied. A site that has high quality SEO is definitely more visible than one that doesn't. As such, it will be of higher value.

5. Web Content

There are websites that automatically attract numerous visitors, including unique pageviews due to the quality and the value of their content. One such example is a news site that is well written and has new content every day. Others are educational sites. Such sites will bear higher values owing to the value of their content. This is also an indicator of the amount of work that has been put into building the site.

6. A Website's Assets

These are all the additional features that a website has in addition to the basic structure. These can include:

  • An advanced theme
  • An email list
  • Professional type plugins
  • A premium domain name

7. Traffic

A website that attracts a high amount of traffic has a higher potential of business than one that doesn't. The higher the traffic, the higher the market value.

Top 5 Free Website Worth Calculators

The tools listed below are some of the best free tools for checking a website's worth, based on the parameters they use.

1. Website Value

Website Value is free website value calculator that helps rank and estimate the value of your website using Alexa and Google rankings. Plus, it is able to estimate how much daily ad revenue your website brings in.

2. Website Outlook

This site evaluates the worth of a website based on Alexa Ranking, Dmoz listing, revenue from ads, daily page views, and so on. It is popular because it also offers suggestions on how to further improve the value of your site.

3. Your Website Value

The Your Website Value team brings 18 years of experience to help you appraise the worth of your website. It shows your web traffic graphically and also gives you a score based on how fast your page loads so you can troubleshoot potential drops in user traffic based on speed performance.

4. Website Value Calculator

Values not only scores your website but also gives you the name and value of the top websites online so you'd have an idea of how your site compares to more famous names like Google or Twitter.

5. Site Price

This is a free tool that uses an assortment of factors to calculate the worth of a given website. Its key pricing parameters include:

  • Number of daily visitors
  • Backlinks available
  • Visibility within search engines

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Internet Businesses Formula

Internet Businesses Formula  by Jasmine Stone

There is a right formula when you go about creating online businesses and this article will look at what you need to do to make sure that creating online businesses is a success for you.

The first thing that you must remember when creating online businesses is that you must develop a formula. If you want to different websites, you will want them to be run using similar systems or web hosts so that the work you do on one to improve overall performance could translate to similar improvements on other websites. This will help you create efficiencies and save time in the process. The key is to make sure that you have online business systems in place as well as a certain routine that you go around doing things. This may seem vague but it comes down to two things: how efficient you are with your time and how much time you have to spend on each venture. Having software such as Outlook to manage your time will be very beneficial towards you.

There are many different ways to help keep your business running smoothly for within this paragraph, we will look at some software that can help you manage your advertising in a very organized and smooth manner. A good piece of software that you can use is called Niche Portal Builder. This software can be used to help you develop web pages as well to newsletters and what you must do is simply give the software your domain name, keywords you want to use, what your e-mail is, your Adsense ID, and a few other details. Another piece of software that you can use is called Blog Solution. This software can help you build blogs which is important if you have many different blogging websites that you post to each day. By doing this they can post automatically to these blogs soon afterward without having to sign in to each account. You are even able to change the language because of their automatic language translation. These are two examples of different pieces of software that can help you out. Many successful Internet developers are able to maintain several websites by using software to create efficiencies between their different websites.

Hopefully this article on creating online businesses will help you when developing several websites. There are many different types of online businesses but many of them come down to the same sort of broad categories: selling on eBay, retail websites, services websites, and business-to-business websites. You can work within different categories easily but make sure to take what you learn from each different category and apply its in your other ventures.

Creating online businesses requires time and dedication on your part but you must make sure that the time you are spending is well invested. When you are dealing with multiple businesses, you must be as efficient as possible to make sure that each business is well-tended. If you spend a large amount of your time on one venture and that doesn't pay off as planned, this can hurt the other ventures due to neglect and the lesser amount of time you are spending on them.

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Careers You Can Work From Home - 3 Popular Choices

Careers You Can Work From Home - 3 Popular Choices
By Peter Mangini

There are a lot of ways to make money online from the comfort of your home, some of which are simply time wasters that you might want to avoid. Many people spend hours taking surveys online hoping that the financial rewards would be well worth that time spent. Many also invest hours each day trying to sell items, used and new, on eBay.

The payout for these types of online income is generally pretty small. After all is said and done you would see that the total earnings for some of these "money-making" ideas would be at the minimum wage level or even less.

There are lots of jobs and businesses that you can do online that will pay so much more and be much more rewarding also. The suggestions in this article are to give you some ideas so that you can possibly find a nice career that offers a future and pays well.

So, get excited and start earning a full-time income working from home with any of the following suggestion opportunities. See if any of these ideas sound good or inspire you to find the right opportunity to earn a full-time income from home or anywhere on your laptop.

1. Affiliate Marketer

This is a very popular and potentially rewarding career. A merchant with a product(s) for sale will pay a commission to marketers for referring potential customers to their websites, and/or for selling their products. These are called "affiliate marketers" who only get paid after their promotional efforts results are in.

Affiliate marketing is performance based and there are various campaign methods used by affiliates including Pay-per-click, pay-per-lead, call-to-action, or pay for each conversion. The more viewers that you can attract to yours, or the merchant's website, the more transactions will potentially occur and the more money can be earned.

2. Amazon Associates

This was one of the first affiliate marketing programs online that started in 1996 and is very popular, one reason being the marketer will get a commission on anything that their viewer purchases on Amazon within 24 hours of their visit.

When an associate, or marketer, creates links from their own websites to the Amazon site and their viewers click through and make purchases, they earn referral commissions. It's free to join and with over a million products available to promote it's also very easy to use. They have easy to use linking tools to help with your advertising efforts as you monetize your website. Amazon associates can earn up to 10% in advertising fees depending on what was purchased and, to mention again, you earn a commission on anything that is purchased at the Amazon site, not just the products that you advertise.

But Wait

Before joining Amazon Associates make sure that your website has some traffic flow. If your efforts don't make any sales within a year of your start date, your account will be canceled. You can still open a new one in the future but avoid getting canceled, if possible. So the best advice is to build up your website with lots of nice content and start generating traffic to the site before joining the associate program.

3. Writer

A writer can produce any number of publications to reach people of any group or niche. Their texts are published in all areas of the media, and writers who are able to skillfully use language that expresses their ideas often positively, or negatively, add to the cultural content of the viewing public. There are a variety of types of writing and writers, some of which are:

Novelists, poet, satirist, short story writer, playwright, screenwriter, speechwriter, biographer, critic, and a few more types, no doubt.

The term writer is often used in reference to an author even though an author has a wider meaning and is used to carry a legal responsibility for some things that they write.

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The Infrastructure of Your Online Business

The Infrastructure of Your Online Business by Jasmine Stone

Within this article today, we'll look at ways that you can work on creating an online turnkey business website. When you are looking at creating an online turnkey business website, the initial development will take more time than with a standard website but it will pay off with big dividends in the end for you. We will look at what types of software you possibly want to use or look for as well as an example of a possible online turnkey business website.

The first key when creating an online turnkey business website is software. Using and buying software helps create efficiencies that you will need in creating an online turnkey business website. If you have a newsletter and people sign up for it, you will want an email system in place which incorporates autoresponders. A good example of an email autoresponder software that you can use is: https://www.xtreeme dot com/followupxpert/. This software is not too expensive with the standard edition running $59 and the Professional Edition costing you $125. Take some time to look at this website and see if this is software that can work for you.

Other ways to help in bringing traffic to your website and in creating an online turnkey business website would be buying leads from an email marketing firm. If you do this, you can let the autoresponders and other software in place handle the leads so that you can continue to buy leads and have sales conversions occur. Remember that one of the main keys in working on creating an online turnkey business website is to make sure that you are using as much software as possible so that the process is automated. Most of this paragraph has emphasized the fact that you need auto responders. Without this, you would have to manually write each e-mail and this would be a huge waste of your time.

Another good example of creating an online turnkey business website would be creating an affiliate program. When you're doing this, all of the information should be set up ahead of time so that once your affiliate is able to successfully close a sale, the person who wants to buy the product is sent automatically to your landing page. This would be a great example of creating an online turnkey business website because you'd only need a landing page, a download page for the product, and a thank you page. There would be nothing that would be done on your end as far as marking the websites or anything like that. If you promoted products using clickbank dot com as well as affiliate programs dot com, you would be very well set up in creating an online turnkey business website.

Hopefully this article on creating an online turnkey business website will help you. There's a great deal of information that can be found on this on the Internet but take your time in setting up a website ahead of time because using software and buying leads can lead to constant profits for you.

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The Benefits of Being a Home-based Entrepreneur

The Benefits of Being a Home-based Entrepreneur  by Jasmine Stone

A decade ago, it was unimaginable for Americans to live in ease while working at home. However, trends have revolutionized primarily with the integration of computers and internet in our lifestyles. The good combination of these two has paved way for the growth of new business trends.

You need not look beyond your own home for work. In fact, many corporate people are now looking within the comforts of their own rooms to get their living. This is the reality that we are faced now. You always have a choice- to go with the trend or live forever bounded by the systems of stresses and everyday tension surrounding corporate living.

American entrepreneurs, and they're not few, are discovering the benefits of establishing home based businesses. The ideal state of our economy and the progressive realization for change in lifestyles became the foundations for creating home-based businesses. Many Americans are now beginning to mix their careers with their families, to the outcome of making it to the rat race while being able to enjoy family lives. And that, for most have put them to the pedestal as famous American entrepreneurs.

There are of course many take aways when you start your own home based business. However, you will soon gather the benefits after you get used with the lifestyle. Who knows what you may turn out to in the end? Nevertheless, these are the normal patterns and advantages that entrepreneurs deciding to establish home based business acquire:

Reaping financial benefits is the central thing to becoming famous in American entrepreneurship. statistics would provide us that home based entrepreneurship offers equally attractive financial gains as compared with those that we might get from corporate living. Be ready though for the risks that you might get yourself into.

Unstable income characterizes home based entrepreneurs. They normally don't get the same fixed salaries. However, they are the ones who can set their own monthly finances.

You may not gain initially. After all, businesses don't always have smooth beginnings, you may even fail. However, once you have toughed the initial tides, you will soon see the advances of having your own office right inside your bedroom. The absence of transportation expenses, your time wasted on commuting and your having to deal with the bosses are reasons enough why you should switch job.

The need to buy power suits and workday attires will also add up to your income. And because you work at home, you can save money on office rental and all expenses that comes with it. Thus, the income you generate will only flow back to your business.

You also have the command over your performances and the consequent benefits that come with it. You no longer have to work for a company or a boss that you do not want working for yet you don't have a choice but do.

Once you become a home based entrepreneur, there's no more stressing out all your nerves to get the promotion or salary increase that you desire. Its like having your financial freedom while freeing yourself from the chains of people who seem to gain control over your own life.

Home based businesses also provide financial avenues for people who don't normally get good jobs.

Home based businesses scream of personal freedom. These provide opportunities to have your whole time for yourself. Home based entrepreneurs definitely have neither corporate cultures to abide by, nor time clocks to maximize and bosses to serve. Instead, they gain freedom in working on the time and in manners that they chose with the benefit of doing all these inside their homes.

There are of course drawbacks to these. Entrepreneurs working home based should have developed ideal time management and control over themselves. It is tempting to stop working for a while and enjoy luxurious treats to yourself. Without discipline, you might find yourself confronted with the loss of income because you felt good resting.

If there is one great advantage to home based business, that is freedom from stress.

Stress makes life more unbearable. It created paths to self-depreciation, to stunted growth. Home working has greatly reduced stresses. There are no deadlines to hit or politics that you can't help but get involved with. You have liberty over deadlines and schedules that you have no control of. The only thing you have to mind is your work and the deadlines you have set for yourself.

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Your Home Business and the Internet

Your Home Business and the Internet by Jasmine Stone

The internet is one tool that has revolutionized the way we do everything. The speed and connectivity offered by the internet has made the world smaller, and has brought people closer together. In fact, the internet has made us realize the fact that we now live in a global community and that everything we do affects the world around us.

The internet surely has gone a long way in changing the way we live. But how exactly has the internet changed entrepreneurs' home businesses?

As mentioned before, the internet has brought the world closer together. This means the every business has the potential for a global market. What does this mean? Well, the internet has made it possible for entrepreneurs' home businesses to have customers far away from home.

There used to be a time when "home business" meant that an entrepreneur would have to endure having customers from his or her immediate community. Having a home business usually meant that your market was limited, until such a time when you can get your venture out of the house and into the world.

Did you ever wonder how hard the big companies of today had to work in order to get out of their homes? You see, everyone has to start somewhere and most of the big corporations today often started as home-based.

The internet helps people shorten the time they have to wait until their business gets off the ground. The internet helps entrepreneurs' home businesses get the push it needs to cater to a global market. You see, the internet actually allows you to have the whole world as a target. Because of this, many entrepreneurs actually take their business to the internet.

Home-based businesses aren't what they used to be. Now, because of the internet, entrepreneurs' home businesses actually mean that the lucky businessmen actually get to stay at home while they make their cash. More and more people are opening up online businesses because of the simple fact that they get to make money easier this way.

Remember that entrepreneurs are the richest people in the world. Lawyers may make a lot of money, executives may have big salaries, but entrepreneurs pay these people for their services. So who do you think is really at the top of the chain?

The internet helps entrepreneurs' home businesses in a lot of other ways. With the internet, you can have all the information you need at your fingertips. This means that you practically have the whole world at the palm of your hand.

Because of this, entrepreneurs have access to every piece of information that can affect their business ventures. We all know how vigilant one must be of things that one cannot control. The market is a very erratic factor in business, with people changing their preferences all the time. Through the internet, entrepreneurs' home businesses can be prepared for any possible events.

Having all this information also allows you to take a closer look at competition. What sets those businesses apart? What is the competition's weakness? How can you get ahead in the market? These questions and more can be answered by a simple search on the internet.

The internet also allows you access to people. This means that you can reach important contacts and make business decisions faster. Entrepreneurs' home businesses prosper because the internet allows these businesses to have the best of help. The internet allows you to get expert advice and quickly.

The internet helps entrepreneurs' home businesses by making opportunities easier to access. This means that entrepreneurs can keep a constant lookout for any chances of expanding their businesses. The earlier you learn of an opportunity, the better your chance of getting it.

So, in general, the internet helps entrepreneurs' home businesses by giving them an edge. The internet speed things up and allows you to save time on making business-related decisions. Then internet also allows you to multi-task, that is, you get to do multiple things at once. Because of this, the internet is a very valuable technology indeed. But most of all the fact that you now have the world as your potential market gives you a little boost in confidence. Surely, there must be people in the whole world who are willing to pay good money for your product or service, right?

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Tips on Starting Your Home Business

Tips on Starting Your Home Business  by Jasmine Stone

There are many ways by which entrepreneurs get on the road to success. Some entrepreneurs choose to take advantage of franchise opportunities and from there, move on to greater glory.

There are a lot of things that can be said about franchising. For one thing, franchise opportunities let you penetrate the market with an already-established brand name. People already know the product or service so you won't have to go through the trouble of making a name.

Of course, you have the responsibility to make a name for your business and not just the product. This means you'll have to sell yourself. After all, people can get the product or service from other franchises, so what makes you any different? You'll have to show them that you are different from other businesses even if your products are the same. You'll have to do your best to convince people that getting the product from you is the best decision that they can make.

If you don't think that taking advantage of a franchise opportunity is the thing for you, maybe you should consider starting a small, home based business.

A lot of budding entrepreneurs put up small home based businesses for different reasons. Here are some of them:

1) Lack of funding - most entrepreneurs have small home based businesses because of the simple fact that, as a beginner, most do not have the funding to rent office space.

When you think about it, a small home based business is perfect for a budding entrepreneur. He or she actually gets to save money on the rent of commercial space. We all know how hard it can be to manage finances when you are starting a business, so saving all the money you can is a very good idea.

2) Convenience - for entrepreneurs, small home based businesses can be very convenient. When you think about it, they can stay at home all day and still make a living.

Entrepreneurs find small home based businesses convenient in other ways as well. Much legality is eliminated when you base your venture at home. Getting a lease on a commercial space may sometimes prove too complicated, as compared to having your business at home.

3) Customer base - some entrepreneurs start small home based businesses because of the fact that they may already have an established client base there. Some restaurants, for example, get started because of a person noticing that his or her cooking is very popular around the community.
Now, by starting a restaurant in the home, he or she would already have a customer base, willing to pay her for her cooking.

Many people know just how hard it can be to start your business as an unknown. By basing your business at home, you know that you will already have established connections and you know that people will find it more convenient to go to you for their needs.

Remember that you need to plan properly. Most entrepreneurs' small home based businesses fail because of poor planning. You need to learn how to separate your business finances from your home finances, and learn how to record each correctly.

In order for you to be able to properly handle your business, you might want to consult three people: an Accountant, a lawyer, and an advisor. Between these three people, you can get the big picture of what to expect when running a small home based business as an entrepreneur.

You have to be strong. Many people can tell you that business and personal life don't mix very well. But history has shown that entrepreneurs with small home based businesses often succeed at becoming globally competitive.

Three nerds in a garage have as much chance at succeeding in a business venture as an executive in an office with a view. Technology today has made possible that all resources be within your grasp. All you actually need to do is find the will to take the first step.

There you go: those are just some tips to get you started on that first step. By remembering to take calculated risks, you should be fine in getting your small home based business of the ground, entrepreneur.

What are you waiting for? Go!

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Article Source: http://www.articlesphere.com/Article/Tips-on-Starting-Your-Home-Business/207154


Freight Brokering - Is It Still A Viable Home Based Business?

Freight Brokering - Is It Still A Viable Home Based Business?  by David Patrick Lee

The characterization of a freight broker is just someone that arranges for the transfer and transportation of commodities and cargo between a customer, shipper and a trucking company or motor carrier. The person that does this for a livelihood is recognized as a freight broker. The industry itself is rather enormous. Think about it, generally everything that you come in contact with on a day by day basis was carried at one time or another by a motor vehicle. In general the merchandise are placed on a dry van, flatbed or a "Refer" (refrigerated truck). The passage of goods and freight across the state, comes together with it tremendous responsibility and those liabilities can be out of the ordinary depending on which type of truck carries the cargo. Movement of commodities into other countries is commonplace these days but requires a thoroughly distinctive skill set to try.

Freight brokering is in basic terms like a game of hide and seek in the logic that you must find the companies that exhibit a requirement for your services, just similar to anything else.at that time they have to get "set up" or "approved" to haul with that particular distributor, store, shipper, grower or manufacturer.

A motor carrier or trucking company can consist of 1000 trucks or a "mom and pop" two truck operation.The truck drivers themselves can be actual employees of the motor carrier or can be what is called an owner operator, which means they utilize the said "Company's DOT authority" to run under.

Freight brokering requires that you get paid a commission for putting the matching your customer's freight with a truck to transport it from point a to point b.An international shipment or truckload may be put on and ocean liner, rail or in the air and involve so much more than the average cargo as for youre dealing with other countries customs departments, etc

The area of our government which oversees freight brokering is the Federal Motor Carrier Safety Administration, which is a component of the Department of Transportation or DOT. You don't have to pass any tests or be certified to be in freight brokering. Give it time nonetheless, I'm positive our lawmakers are continuously looking to make further tax monies for the reserves.

When starting out in freight brokerage, the most important difficulty people overlook is the countless hours cold calling on the phone. several fold because of this and frankly lots of motor carriers looking to add freight brokers as agents basically don't share this information either. several just toss them up against the wall to find out what sticks.

When a broker at long last gets the first order, they have to do a ample credit check to insure they will be paid by the shipper, an pricey venture if the broker doesn't assure the business is forthcoming. furthermore, the broker should re-qualify the carriers they will make use of to move their customers' goods.

The freight broker can be in a world of disruption if all of these things are not in harmony and up to date.

Freight brokering "authority" requires you have to demonstrate you have your MC# (motor carrier number), a BOC-3 (legal agent permit), which shows the freight broker has deliniation in our 48 states, a surety bond for $10,000, and the UCR (the Unified Carrier Registration).

Trucking companies have available cargo insurance as safeguard for the merchandise but a few loads these days are "high value" and require addtional insurance. lots of customers demand that the freight broker hold contingent cargo insurance which is simply an added cost in freight brokering. This would insure your assets would not be affected, but is an further cost for you.

The trade has changed dramatically over the last couple of years and continues to do so at present. One of the countless changes includes the shippers and customers searching out the "one stop" shop called a 3PL or Third Party Logistics company. This has them turning to "Third Party Logistics" companies, every now and then referred to as 3PL's.

These companies operate as a one stop shop designed for the shippers and typically take over all of their supply chain management functions, including integrated software's and operations, warehousing and trucking services that can be scaled and personalized to the customer's desires based on market environment and the burden and delivery service necessities for their products and materials.

Regrettably, this is making it increasingly arduous for the smaller freight brokers or the ones that own a one-man office out of their quarters. The large 3pl simply squashes a work at home freight broker's attempts to compete.

The days of a single freight broker working out of his dwelling office and making $60,000 to $90,000 annually are just about over. In this terrible financial system, the room for profits are small and getting smaller. And don't overlook the continually present fuel dillema and the recent influx of the 3PL taking over the business. To actually be doing well as a freight broker today, you would need to have a brick and mortar business, with salespeople, office employees and dispatchers. As you can observe the costs of this form of business would be excessive.

Learn How I Replaced my freight brokering business INCOME working half the hours. You will want to learn as much as you can before getting involved. Visit the following link and you'll be taken to You Tube and you can watch our video on Freight Broker Training video from an industry expert.

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