Making Money with Articles: Article Directories

Article directories are websites that house free articles. These articles are usually put there by whoever owns the copyright to them as a promotion method. Each article has the owners byline placed under it so that those who eventually read the article will know who wrote it (or at least who owns it) and will be able to get in contact with or visit their website for further information.

Articles directories are a great place to put your articles so that they will make you money. By using this method, people who are interested in your product or service will see your article, view you as an expert in the subject, and will visit your website. Even if you cannot write or do not have any knowledge on the subject on which you are promoting (for example for you run an affiliate website), you can always hire a writer to do the work for you. Getting quality articles written will be expensive up front, but they will pay for themselves in no time, either through affiliate sales or selling your own services, and everything from then on is pure profit.

Let’s take a real-life example. Imagine that you are an accountant working from home. You write an article on an accounting topic and place it on various article directories. Those who are looking for the subject you wrote about will read your article, see that you have the knowledge and skill that is needed to do a job for them, and visit your website or contact you via e-mail. Your article just gained you a new client who may use your services regularly, but will definitely give you a nice profit at least once.

Furthermore, since you have posted it on a free article directory, others who have affiliate websites about accounting will inevitably use your article for their website. Since they must attach your byline to it, this will bring you even more exposure for every website that re-posts your article. This because you will be benefiting of off the traffic that they get to their website.

Top 7 Tips for Buy to Let Mortgages

There is a growing number of first-time buy to let landlords in the UK. With buy to let mortgages offering attractive rates, rent prices hitting new highs, and house prices setting records, landlords are seeing impressive returns.

This doesn’t mean, however, that success on the buy to let market is easy and requires little effort. If you are new to the buy to let game then you might want to take a look at the tips below to ensure that your investment pays off.

1) Realize that you are taking a risk

Purchasing a buy to let mortgage is an inherently risky endeavour. This doesn’t mean that you shouldn’t do it or that by being smart and working hard you can curb some of this risk, but you always need to be aware of it in order to encourage yourself to play it safe with your money.

Think about whether rental income is going to be enough to cover monthly mortgage payments, or what you are going to do during times of gaps in tenancy. Having savings to fall back on can be a big help.

2) Find the right mortgage

There are a lot of competitive deals on the market right now, so make sure you pick the best one. Don’t just stay with your current bank of there is a better deal somewhere else. You are also going to need to decide between a tracker and a fixed rate mortgage. With interest rates low, now is a good time to take advantage of a tracker, but if you are worried about financial security, then a long-term fix is probably better for you.

3) Choose the right location

Location really is almost everything when it comes to real estate. The location of your property is going to be a huge determining factor in whether or not you will be able to attract tenants. Does the property have access to transportation? Is it near shops and schools and other services that the prospective renter would like to be near? These are the sorts of factors that you are going to need to consider.

4) Choose the right type of property

Most first time landlords are choosing to purchase either flats or two-bedroom houses, as this will appeal to the widest possible market, especially young people. Family houses are more risky for the first time landlord, but depending on the area and on what you can afford, they can nevertheless be a good choice.

If you can attract a family to your rental property, then you will be less likely to have to deal with tenancy gaps and you might even save money on maintenance! Speaking of maintenance…

5) Take maintenance costs into account

You need to remember that as the landlord you are going to be responsible for the upkeep and maintenance of the property. You need to provide tenants with and energy performance certificate, make sure all appliances are in proper working order, and that the property complies with fire safety regulations. All of this may get costly, so you need to calculate this into your spending and savings and budget accordingly.

6) Keep taxes in mind

Your buy to let property is going to incur two unique taxes: an income tax on the rental income you receive, and Capital Gains Tax on the profit you make if you ever sell the property.

However, you can also save money by deducting a lot of allowable expenses from your taxes, such as mortgage interest payments, utility bills, insurance premiums, and letting agent fees. Speaking of letting agents…

7) Use a letting agency if you don’t have the time to do everything yourself

Managing a property is hard work. It is going to require advertising, dealing with tenants, assessing the property on a regular basis, and performing the aforementioned repairs. If you do not have the time to do all of this yourself, then you need to consider using a letting agency.

If you do choose to work with a letting agency then you also need to take account of letting agents’ fees. This can be as low as 7% of your rental income, and so may be worthwhile for you.

 

 

 

Tips for Mortgages

Signing up for a mortgage is a necessity for many people who wish to own their own home. There aren’t many people who can afford to spend several hundred thousand pounds for the home of their dreams at one time. Mortgages allow people to borrow money from a lending organization like a bank to finance the home they’ve always wanted. They will typically have anywhere between 15 and 30 years to pay back the money, plus interest. When signing up for a mortgage, it is important to not accept the first offer you find. Shopping around is one of the keys to getting the best rates to finance not just your home but the future of your family.

When you get ready to apply for a mortgage, the first step to take is to research your existing credit history. Look up both your credit report and your credit score to get an idea of how much you can expect to pay in interest should you be approved for a mortgage. Because of the housing crisis of the late 2000s, credit standards for new mortgage applicants remain very tight. New mortgage rules have been unveiled as recently as 2013 and are not expected to loosen in the near future. As a result, your credit history has become your most valuable asset with regards to securing a home mortgage. If you want to get the best rate on a mortgage, you need to have a credit score of at least 720. Though it is still possible to get decent rates with a score of around 680, interest rates will gradually start to increase as your score drops lower.

If you know you won’t be applying for a mortgage for a few years, start taking steps to repair your credit today. Pay down as much debt as you can and get your finances under control. If you have any past accounts that have gone into collections status, pay down those debts so they can stop hurting your credit score. Though repairing a person’s credit score takes a long time, getting on financially stable ground today will definitely pay off when it comes time to borrow money for a house. Every little step of progress helps when it comes to getting the best rates on a mortgage.

If you already have a home mortgage, consider refinancing to lock yourself into more favorable rates. Due to the housing crisis of the last few years, home rates all over the world remain at an all time low. If you purchased your house several years ago and are current on your payments, refinancing can be a great way to lower your monthly minimum payment, your interest rate or both.

Once you’ve applied for a mortgage and have been approved, remember one key piece of advice: the process is not officially over until the loan “closes.” When you’ve been approved and your home offer has been accepted, you will need to provide a large number of documents to the bank. Most mortgage brokers require these documents to be in hand as quickly as 24 hours after the process begins. Do not delay in getting these documents to the right people, as missing your deadline could see the whole process fall apart before your eyes.

If your mortgage is “underwater,” consider refinancing. Underwater mortgages are ones where a customer owes more money on the house than the property is actually worth. When the economy all over the world was in better condition a few years ago, these people had a difficult time refinancing and getting more favorable terms and conditions. Because the market is in its present condition, these people are finding it much easier to get the results they want. Even if you’ve tried to refinance in the past, now is the time to try again and hope for the best.

Analyzing the Terms and Conditions for a Mortgages Comparison

When analyzing the terms and conditions for a mortgages comparison, there are always a few factors you’ll want to keep in mind. Many people look at mortgages as a necessary evil on the path to owning their dream home. When confronted with a lengthy “Terms of Service” document before signing on that ever-important dotted line, many people don’t bother to read it. Analyzing the terms and conditions properly before the mortgage goes into effect can be a valuable negotiating tactic. If you want to change or talk about any conditions you may find unsatisfactory or predatory, you need to do so before you put your signature on the piece of paper that will ultimately control your financial future for decades to come.

One type of mortgage that is very popular in the United Kingdom is called an “interest only” mortgage. It operates very differently from traditional mortgages, especially those in use in the United States and other areas. With a traditional mortgage, the borrower is making monthly payments that go towards both the original principal amount borrowed and interest that has accrued since the last payment. Depending on the terms and conditions, interest could be accruing as frequently as once per day. When the borrower submits their payment for the month, a portion goes to reducing the principal while the remainder goes towards interest. If the interest is compounded, it is being added to the principal on a regular basis and itself begins to earn interest with each passing month.

In an “interest only” mortgage, the original principal of the loan agreement is not being repaid for the duration of the term. Instead, the borrower is making minimum monthly payments that go towards an investment account. When the account contains a specified amount of money and reaches maturity, the money is then used to pay off the principal. In the United Kingdom, these terms and conditions are frequently associated with traditional investment plans. These types of arrangements are also commonly referred to as an “investment backed mortgage.” Changes to regulations in the UK have tightened the requirements for these types of agreements in recent years due in large part to the financial crisis across the world that began in 2007 and 2008.

When reviewing the terms and conditions of a mortgage agreement, you will discover three different ways in which the property in question is valued. These are the appraised value, the estimated value and the actual value. A licensed professional obtains the appraised value during a visit to the property. The condition of the home is taken into consideration, as are any code violations and other financial stipulations that may be relevant. The actual value is also referred to as the transactional value and describes the purchase price of the property. The estimated value is often obtained in areas where no appraisal can be performed. It is very similar to the appraised value in that it takes into consideration any repairs that may need to be made to the home as well as other financial burdens the homeowner may have.

Depending on the financial institution and your credit rating, you may be required to purchase mortgage insurance at the time you sign your original agreement. Unlike other types of insurance, mortgage insurance isn’t actually designed to protect the policyholder in the event of an emergency. Instead, it is designed to protect the lender in the event that the borrower may default on the loan. Mortgage insurance is typically added into the monthly payment amount along with interest, closing costs and other elements. It is possible to stop paying mortgage insurance after a period of time by refinancing. The money paid by the insurance policy goes towards paying off the original loan in the event of a default.

Factors to Consider Before Getting Building Insurance

Before you invest in an insurance policy to cover both your business and the valuable items contained inside, there are a few important factors to consider. While all building insurance policies operate in largely the same way, there are a few customizations you can make to have one better suit your needs. When considering a policy to purchase, finding out what it doesn’t cover is just as important as finding out what it does. Nobody wants to think about what it would be like to lose his or her entire business due to a disaster like a fire. Doing so is an important step in being proactive and making sure that you will be covered in the event that something unfortunate does occur.

Before selecting a policy, it is important to think about what types of optional coverage you may need. Most building insurance policies don’t include provisions for flood damage, for example. Remember that just because flooding may be unlikely in your area doesn’t guarantee it won’t occur. An event doesn’t have to be a traditional flood (which would involve the swelling of a nearby body of water and the damage that occurred as a result) to be deemed flood-related damage by an insurance provider. If your area experienced heavy rains and the sewer drains around your business backed up, for example, water could leak into an underground level of your business or come up through the pipes and damage valuable items and equipment. Though you may not consider that type of event to be a traditional flood, your insurance company would and would also use it as a basis to deny your claim in the event that you didn’t have optional coverage.

If you’re worried about how much money building insurance is going to cost, consider investing and making repairs to try to lower some of the costs. Building insurance providers charge premiums based on two different factors. The first is how likely an event is to occur and what type of damage will occur as a result. If you live in an area with a high crime rate, for example, a common type of building damage in your area would be burglary or larceny. As a result, you would pay more for those types of coverage than someone in another area would because there is a statistically higher chance of them happening where your business is located. However, you can combat some of these rising costs by taking steps to make your building safer. If you live in such a high crime area, consider installing security cameras that link to a third party location or the local authorities. You can make the same types of preventative modifications for other types of disasters, too. If you install a sprinkler system or a fire alarm system on your property, for example, your building will be deemed safer and you will pay less for fire-related coverage.

Another factor to consider are the types of optional coverage that you should invest in based on the type of building you operate. If you own an apartment complex, for example, you will need a policy that offers a certain amount of liability coverage. Find out how much liability coverage an average tenant needs in your area and multiply that dollar amount by the total amount of tenants you have. If you own a retail business, add up the value of the inventory that you keep on hand on an average day and use it to adjust your policy limits for those types of damages. Finding out which types of optional coverage you should invest in will help make sure you get not only a financially attractive policy but one that will cover you in the event that something unexpected happens, as well.

Types of Unsecured Personal Loans

Even consumers who practice careful spending habits can sometimes find themselves in financial trouble. Unexpected expenses such as car repair bills or medical costs can strain your budget and leave you wondering how you will make ends meet. Fortunately, there are several types of a secured personal loans in the UK that can help you through difficult financial times. It is important to consider these loans carefully to ensure that you are choosing the right type of loan for you.

Payday Loans

A payday loan is a short term loan that can help you through a financial emergency. The process of qualifying for this type of loan is relatively simple and typically requires little documentation. For this reason, you might be able to obtain approval or a payday loan and receive the funds you need in as few as one or two days. In some cases, you can even obtain a payday loan without a credit check or income verification.

Before opting for a payday loan, you should consider the drawbacks of this option. In most cases, you will have to repay the loan amount, plus interest, within one or two weeks after you receive the funds. Although this might be appropriate for a financial emergency, a payday loan might not help you if you anticipate that your financial needs will last for a longer amount of time. Also, compared to other types of unsecured personal loans, payday loans typically come with high interest rates. You might have to pay 25% interest or higher in addition to the principle amount for the privilege of borrowing money for just a week or two.

Personal Bank Loans

A personal bank loan is issued by a bank or other financial institution instead of by a payday lender. This type of loan is generally designed for longer-term financial needs – depending on your circumstances, you might be able to borrow the funds for five years or longer. This might be an appropriate option if you want to consolidate existing debts or anticipate that your recurring extra expenses will last longer than a few weeks.

Banks and financial institutions require substantially more documentation than payday lenders when evaluating applicants. You will likely need to provide verification of your income and expenses, as well as documentation of your personal assets and other debts you owe. You will also have to fill out a lengthy application and may have to meet with a personal lender in order to receive approval for your loan.

Compared to payday loans, interest rates for personal bank loans are typically low. This option can help you obtain the long-term funds you need without costing you a small fortune in interest charges. Of course, this type of unsecured loan typically requires a thorough review of your credit history. The interest rate you obtain a for a personal bank loan can vary significantly depending on the length of your credit history and whether you have made your other account payments on time.

Unsecured Credit Cards

If you don’t want to deal with the extensive approval requirements of a personal bank loan, but don’t want to pay the high interest charges of a payday loan, an unsecured credit card might be the right option for you. Depending on your credit score, you might be able to obtain a credit card with an APR of as low as 12.99%. If you have a flawless credit history and a high credit score, you might even be able to obtain a credit card with a 0% introductory rate. This allows you to borrow the money you need without paying interest charges for nine months to a year.

Regardless of which option you choose, it is essential that you assess your ability to repay the unsecured loan. Missed payments can cause you to incur hefty late fees that can make your loan even more difficult to repay. If you fall behind by three or more payments, the lender can consider your loan in default and may demand immediate repayment in full. In addition to the financial implications of missing payments, you will also have to deal with collections activity, such as phone calls and letters, initiated by your lender. For this reason, you should review your finances carefully before agreeing to any type of loan.

7 Effective Strategies on Marketing Your Business Locally

When I was studying for my business degree and before eVision Media was formed, I was in need of an outlet to be around other like-minded women. Years previous I was a member of the local Valley Women’s Network so revisited their luncheons.

Even though funds were very tight at the time, it was important for me to have some human interaction – even if only once a month.

Little did I know, going to these meetings ended up being the catalyst for eVision Media’s birth.

During this time I connected with women entrepreneurs who where either eager to start a new business or take their business to the next level. Being the former webmaster for the Vancouver Sun and Province, it was a natural thing for them to ask me questions about branding and websites. I was more than happy to share my knowledge.

Eventually conversations evolved into them hiring me so they could get the help they wanted with their marketing presence.

The Benefits of Buying an Established Business

The next thing I knew I was in business as a web developer!

That was over 12 years ago and I’m proud to say a handful of those women are still clients today.

I have to smile when I think about it because I really had no intention of starting my own business. I was going back to school with the idea of landing a CIO position somewhere.

Turns out my calling was much more important than that – helping business owners realize their dream.

The Many Benefits of Attending Local Live Events

Fast forward to present day, I still value the connections made when attending networking and other similar events.

Recently I was in Vernon attending the WOW-Woman of Worth Conference where I had an opportunity to get to know many incredible women I would never have met otherwise. (I was inspired to write these networking tips while there.)

I am also a member of the Business Professional Women’s Group and attend meetings in Langley and Abbotsford.

The connections found at events like these have been invaluable – not only professionally but also personally.

Social Media and Online Marketing is Not the Only Way to Generate New Business

Sometimes with Social Media and online marketing being so prevalent we forget about our own back yard and the opportunities available to us. All we have to do is simply step away from the computer and check them out.

My business was literally created by connecting with people locally.

And just because Social Media has taken over the online networking landscape, doesn’t mean there’s any less value in building your business at that grass-roots level.

Do you market your business in your hometown?

If hiding behind your computer has become the norm for you, I encourage you to explore local opportunities to get better known in your home town.
Here’s seven tips, ideas and suggestions on how you can take advantage of generating business through local efforts:

1. Network where your target market is hanging out. First be clear on WHO that target market is and then do some research on where they gather.

This is an easy one if you are a B2B business like eVision Media; there’s plenty of networking groups available tailored for that crowd.

But you might have to look at other shared interests. For instance, if your target market is very health conscious, join a popular yoga group and get to know those people who attend.

2. Volunteer at community groups. Volunteering in community groups are a great way to boost your visibility. Not only are they a great way to give back to your community but also an excellent way for you to showcase your skills and expertise.

Do a search for groups that could use your skillset. A great example is if you are a bookkeeper or accountant – volunteer to be the bookkeeper for the group.

3. Create your own Meet-up. Setting up local, more casual events on a subject you know would be of interest to your target market is a great way to build your brand visibility.

These types of gatherings can be very beneficial to the attendees where you can offer something of value to them and showcase your expertise at the same time.

4. Set up a trade show booth. Many trade shows have thousands of visitors. They are a great way to build your brand visibility and bring more awareness to your business offerings with the local crowd.

Set up a professional display and strike up conversations with those showing interest in what you are offering.

Be sure to have a way for them to get onto your mailing list by offering a draw or free giveaway. Just be sure they check off a box giving permission to receive your regular newsletters.

5. Join the local Chamber of Commerce. Even if your target market is not business owners, there are still plenty of great reasons for you to get to know other business owners in your area by joining your local chamber.

Not only can they be a great referral source for you, but they are still people who could be interested in what you have to offer at a personal level.

6. Nominate others for awards. We had the honour of being nominated for, and won the Abbotsford Chamber of Commerce Business Excellence award in 2016 in the home based business category.

I was also nominated for a WOW – Woman of Worth award in the Business & Prosperity category. The amount of free publicity and exposure we received for each of these awards was priceless.

I encourage you to nominate someone for similar awards. Not only is it very gratifying to make someone else’s day, you also gain a lot of exposure from being the person who nominated them. Another option is to be an award sponsor, again bringing you great satisfaction and business exposure.

7. Don’t forget your business card! While some may poo-poo this, I’m still a believer in the value of business cards.

Get professional cards designed and printed. Use them wisely – always ask the other person you’re talking with for their card first and reciprocation will ensue.

Your business card is a first touch-point that person will see your visual brand so ensure you give off the right first impression with a professionally designed one.

Aside from getting out there and getting involved in local community activities, you could also take advantage of various paid advertising opportunities. Newspaper advertorials, radio ad spots, sponsorships and even billboards can all be taken advantage of at a local level.

Don’t Forget About Your Website

No matter what kind of activities we are doing when trying to drum up new business, don’t forget the importance of your website.

With every potential customer you meet, assume they will be heading to your website to check out you and your services. They might even do it right there so ensure your website is mobile friendly and shares the right brand messaging that will compel them into action and hire or buy from you.

Always be seeking opportunities where you can build your business exposure and double bonus points when you can couple those opportunities with giving back!

5 Great Benefits of an EPoS System for a Restaurant or Bar

The challenges of running a successful bar or restaurant are very different from other forms of retail environments, but an effective (Electronic Point-of-Sale) EPoS system can help drive your business to the next level with minimal investment and a very quick payback. John Henry, CBE’s Sales Director, highlights 5 Great Benefits of an EPoS System for a Restaurant or Bar:

1) Speed and accuracy
Your Epos system can seamlessly link in to your kitchen for printing and food automation. This will make sure that every order ends up in the kitchen is 100% accurate. So if the customer has specified that the dressing is served on the side or to ‘hold the onions’, this is what will be delivered. It’s hard to over-estimate how important this can be in delivering great customer satisfaction.

And in a food to go environment, customer-facing screens can act as a ‘virtual receipt’, as the customer clearly sees what’s been charged for and what buttons the waiter has pressed. This verifies the order before the final bill even arrives – something that increases customer satisfaction levels to a very significant degree.

It’s also worth stating that a contemporary EPoS system can be configured to match YOUR specific requirements. The days of off-the-shelf systems with minimum flexibility are long gone – and good riddance to them! Today’s systems work with equal effectiveness for the cashier, the waiter (through great screen interactivity and intuitive interfaces) and the management (through better and timelier reporting).

2) Integration
A typical EPoS system in not capable of being all things to all men, so it’s essential that it has the capacity to be integrated into other systems within the business. This can include anything from kitchen automation to your online reservation system or a click and collect system for your takeaway offering.

It should also be able to link seamlessly with credit card payment at the table, for example, or with a loyalty application or gift voucher platform.

3) Staff management
If you source the optimum EPoS system, it will have full loss prevention suite, making sure that all elements of your staff’s interaction with cash is completely above board. But don’t believe for a moment that it’s all about ‘checking up’ on your staff. It can also reward your staff for hitting their upselling targets – anything from pushing the Wine of the Month to the Dessert of the Day.

And by letting your staff take an order just as easily at a table as at a cash point, you can dramatically increase speed of service, which is important at any time of day, but especially so when customers are on a time deadline, such as at lunchtime. A further benefit in managing your staff is that it can facilitate easy rota management and scheduling, which can also tap into the payroll system of your HR department.

4) Reporting with an EPoS System for a Restaurant or Bar
The great benefit of modern cloud-based systems is that reports are available to local or regional management in real time, which greatly enhances the quality of decision-making and future planning in areas such as stock and inventory, staff performance, branch comparison and margin control.

It can also be extremely beneficial in helping you to analyse your customer trends. For example, you can easily find out who wants to be contacted via SMS or email, or what sort of promotional offers they respond to.

5) Reliability of hardware EPoS System for a Restaurant
There’s a wide proliferation of tablet-style devices on the market which have a limited ability to interact with your IT system or EPoS system. But better still are the durable touchscreen devices which are specifically built for purpose, and come with IP ratings for water, dust etc. – perfect for a pub or restaurant environment where liquid spillages are commonplace.

There is an initial capital outlay for this dedicated hardware, of course, but when their durability and longevity are taken into account, the lifetime cost of ownership is significantly lower than their rival tablet devices.

And by opting for bespoke hardware, of course, you future-proof yourself against obsolescence, as your devices can adapt to any emerging technologies in your sector.

The bottom line is that if you’re in the pub or restaurant business, there’s never been a better time to invest in an EPoS system that has the power to totally transform your bottom line.

FOCUS on Your Business Program

Power of Focus !

If you are anything like me, you probably find yourself often thinking of new projects to start, new things to achieve.I did that in my beginning on Internet. That in itself is very beneficial and indeed a required ingredient for success. The trick is to know where to draw a line.

The trap I kept falling into was hoping and looking for new and better programs all the time,easy to find new once,but i forgot about them the next day,instead of working on the programs you already joined and going for the results there.

I would often actually get dragged into gathering more and more information on new opportunities. I would spend time on developing them right then and there. I would be stealing the precious time away from the current project I was supposed to be working on. Obviously, it was a trap.Be aware of this trap! The current project would suffer, because there is only so much time in a day.

No one gets results form Surfing the Internet for “Get Rich Tomorrow “and thinking,there must be an easier way!There is not,only hard work will give you success.Focus and work on your Business !

Then I would get discouraged with my current project and drop it because I didn’t see any results.

Think long term!

One of my future projects would become my current project for the time being, until I’d drop it in favor of the next project.Its a trap,yes. This is how most of New to Internet do it!!Don’t do the same!

Can you see the trap?
And it gets even worse: If you keep on doing this for long enough, you will actually program your subconscious mind NOT to complete a project EVER. You will forever keep on failing.

Eventually it may even filter through to other areas of your life.I did the same in the beginning,so much waste of time and money!

There is to many Traps out there.

It’s easy to see how working on your on line business can become such a trap quickly.
Internet is overloaded with information. I won’t even mention the plethora of rubbish that exists on line. But there is so much valuable information out there, go and find them,that developing your on line business to a profitable stage can take forever, UNLESS you start employing the tremendous power of focus.Its the only way to do it,when you understand this you will get results!

Here is only one way,focus.To be a success in your on line venture, you must not be working on more than two projects at a time, EVER. And preferably work on just one project, particularly if you only do your on line venture on part-time basis.

And by that I mean, don’t get distracted. Don’t dilute your precious time. Work on your project, whatever it may be, until completion.
Learn the program,take the training section over and over again,until you really know how it works!

Many programs can be difficult to understand,but take your time to understand it!

Learn how to!

By all means, plan you future. If you want to work on the future ideas,
set an hour per week aside for doing just that. And then each week spend that hour thinking
about your new projects, write them down. When the time is up, go back to your current project.

I will guarantee you one thing:
If you develop and use the power of focus, your success will get better and better with each project. That’s how i got from not getting any results to see great results every week.Focus.
On the other hand, if you keep falling into the trap of working on too many projects at the same time, the chances are you will get nowhere.

10 Tools to Check if Your Idea Can Bring the Money and Become Your Business

o you have ideas for a new business? Starting from small investors to millennials, everyone nowadays looks for good business ideas, but it is only a few of them who end up on the right path. So, how can you know if your business idea is worth the time and investment?
If you want to check your business idea and see if it is a solid solution for earning the good income, follow these 10 tips and tricks:

Browse Top Sellers
Look at websites such as Amazon to get some idea of what is selling. If you have a product or service in mind, take a look around to get an insight of whether this particular item will sell or not.
The first thing on your list is seeing if the category you are considering is existent on this website. If it is, your next step is to check whether this category of products has a wide number of competitors. The more companies there are, the bigger the demand for the product is.

Use Google Trends
Google Trends can help you get a bigger picture of the business idea you are considering. By checking out the latest trends, you will easily validate the demand, which is a key factor in your decision about starting the business.

Build an MVP
A minimum viable product or MVP is the simplest way to check your business idea. According to Eric Ries, an entrepreneur and author of “The Lean Startup”, an MVP is ‘the simplest form of an idea that you can actually sell as a product’. Having a simple version of your product for testing in the early development process is crucial if you want to make the necessary changes before the big investment.

Build a List of Customers
Use various tools and methods to build a list of potential customers that will purchase your product or service. This will not only help you determine if your business is worth giving a shot, but will also prove to be very beneficial once you decide to launch.

Run the Idea by Your Target Customers
Once you have an established for business, make a prototype and take it to the potential audience. Select the most appropriate method – speak to acquaintances that would be interested in the product, conduct a survey or even ask for help on the social media groups with the goal to check your business idea. “Identify people in that target you know to be skeptical and critical.” says Chip Bell, the founder of The Chip Bell Group.

Test the Product on the Social Media
According to Susan Solovic, one of the key things to take into consideration when making a business plan is the importance of social media. Once you get the word out about the product or service, you will get information on how much interest this produces with your target audience. You have to make engaging social media profiles with high-quality content. In this case, you can use such tools as Pocket, Hemingway App, Admission service.

Get an Expert’s Opinion
A wrong investment can present a serious failure, which is why you must check your business idea carefully. When in a struggle with various ideas, get the opinion of experts who can advise you on which business to start and how to promote it.

Use Landing Pages to Check Your Business Idea
Test out how well you can reach the target market and convert them into your customers. Conversion rates’ market testing is the best way to establish how your numbers will work with people and if these numbers are actually viable.

Ask People to Pay
If you test your product or service on friends and acquaintances or even people you randomly found on the Web, they are very likely to give you an email address or subscribe to your website. However, the best way to establish if they are really interested in a product is if you ask them to pay you money for the product or service.

Know the Competition
Of course, big competition indicates high demand for a product or service, but this can be a cause of many headaches that are about to come. Research and study the industry to analyze the best way to present your product since big competition means that only the best marketers make sales. Once you establish how to promote your product or service in the best way, you are ready to beat the competition.

Starting a business is a scary thing to do, especially if you are not experienced or trained in business planning. Even if you are, chances are your idea will fail due to a small number of customers, bad marketing strategy or enormous competition. However, if you make sure that your business idea is solid and you know how to make it happen, you are only a few steps away from becoming a rich man!