How To Start Your Home Based Business

The benefits to having your own home based business are very exciting. You can be your own boss! You decide when you want to work. You go to work straight from the bedroom. Not having to deal with traffic, rude clients or demanding bosses can be quite a relief.But wait a minute, have you seriously thought about what kind of small home based business opportunity you should bank your future on?Before you start your own small home based business, do the following and you’ll get your home based business off to a good start.What marketable skills do you have that you can use to work from home? Some examples of people who have made a good transition to home based businesses are accountants, sewers, teachers as tutors or educators of toddlers, musicians who teach musical instruments, etc… If you have a skill, you can market it and have a home based business.What’s your capital and operating budget? Even businesses from homes need capital investment. Find out what your home based business needs. It can be as simple as having space for office files and to meet clients. Your home based business still needs the veneer of professionalism.How do you get clients for your own based business? You can start with your present company. Some companies are happy to pay for outsourcing services. The specialist they’ve hired is knowledgeable about them and can be trusted. From there you can add on more clients.Advertising and promoting your home-based business is crucial. That’s right…even if it’s a small home based business, you’ll need to advertise and promote. Print your business cards on the home printer, and distribute them. Or put your company details on a promotional calendar and give it away for the holidays. These are small things to do for your home based business, but they do make a big difference.Lastly, add up your monthly expenses and check your savings and insurance. When your home based business starts, you may not gross enough. Make a projected budget and see what the bare minimum you can live on while the home based business is just starting out.By doing your research on home based business opportunities and educating yourself on the various scenarios, you’ll set yourself up for success. For you’ll be better equipped on solving future problems such as competition taking business from you, low cash flow and any other problem that may crop up as your home based business grows.Reference: [http://smallbusiness.yahoo.com/resources/article.php?mcid=1&scid=12&aid=1258]Copyright 2005 Kent Thompson

Prepaid Legal Business Opportunity Review

Before we begin, yes there are already numerous Prepaid Legal business opportunity reviews all over the Internet. This is the reason why I’ve decided to write this for you in order filter all biased opinions and give you a “balanced” review instead.

At least for your sake, it will be less confusing. Yet you will still be at a higher level of understanding about the Prepaid Legal business opportunity. As we continue on there are three section to this report. Each represents a unique overview numbered just for your convenience.

1) How Prepaid Legal Services Got Started?

We go back to 1972. A gentleman by the name of Harland Stonecipher (a life insurance salesperson), had a serious car accident that changed his life. Stonecipher found out that he was insured for his car and medical expenses but not for his legal expenses of several thousand dollars.

He thought why not have legal insurance and that marked the very beginning of the “seed” of the Prepaid Legal business opportunity. In 1979 Prepaid Legal became a public corporation when its stock was traded on the NASDAQ exchange. You now see a company which offers legal expense reimbursement services selling plans through independent associates.

2) Selling Legal Plans

As a matter of fact the Prepaid Legal business opportunity means you will be selling plans often described as legal insurance plans. A typical plan provides your customers with certain specific legal services at no cost. Plus, reduced rates for other services in exchange for a membership fee, premium, or some other sort of prepayment.

You have the chance to offer individual or family plans, employee benefits plans and business plans. Individuals and families join for a minimal monthly or annual fee, usually through a credit card company. If you take a look at their website (the official Prepaid Legal business opportunity page), you will see that a minimal fee of $49 is all it takes to be a prepaid legal independent associate.

3) Your Compensation Potential And Weakness

With your Prepaid Legal business opportunity you will get the chance to earn a direct, linear and leveraged income. You’re paid an advanced commission of $69 to over $250 every time you help enroll someone into the Prepaid Legal business opportunity. You initially start off as a Certified Field Trainee.

You should know by now that the Prepaid Legal compensation plan is focused on a network marketing concept. This is why your great wealth arrives when you have targeted prospects who are also willing to work the system with you. You will need to a good marketing strategy to do this.

Your Ultimate Strategy

If you are considering to save some money on legal expenses, the Prepaid Legal business opportunity is a nice fit to your interest. However, you still need a good marketing plan to do it successfully. Your first step is to invest in a good online marketing package for your income advancement.

This article can be freely published on a website as long as it is not modified in any way including the author bylines, plus the hyperlink must be made active just like below.

Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.