Showing posts with label small businesses. Show all posts
Showing posts with label small businesses. Show all posts

Friday, December 6, 2013

Are You Too Old to Start Making Money Online?

Technology is often thought of as a young-man's game (or a young woman's) and that might perhaps explain why you regularly hear of these young entrepreneurs like Zuckerberg and Nick D'Aloisio (the Summly kid). Presumably younger people generally have a better understanding of technology, are more in touch with what's happening, and are thus better poised to set up their own businesses utilizing technology to make themselves billionaires.

But is this actually true? Do you really have to be young to get rich online or is it possible at any age? How about over fifty?

Why 50 is Just Right


Well actually it may surprise you to learn that you are actually at the very best age to start making money online if you are over fifty. The reason we hear more about guys like Zuckerberg and Nick D'Aloisio is partly just that they are more media-friendly. Getting rich online at a young age just makes a great story for the papers, and so when someone youthful has a hit app or website you're much more likely to hear about it. At any age these sorts of stories are the exception, but there are more successful entrepreneurs aged over 40 than any other demographic. And that must be rather encouraging.

There are many things that make you better poised to be a success online once you reach your later years too. For one, you will of course have more experience – perhaps not with tech – but probably with business, with finance, with people and with all the other elements required to make a successful product and business.

At the same time you are also likely to have a bit more money behind you which you can then invest into your new company should you wish and you're likely to find it easier to get loans if you want them.

As you get older still and are perhaps working fewer hours, you might also have more free time to dedicate to running your online business. Imagine being in a situation where you have all the time you need to work on a website, no day job anymore to take up your time and some disposable cash to pour into your idea. That's really rather ideal…

The Challenges


There are challenges as well though, which include the potentially relative lack of tech knowledge. If you find yourself in a situation where you'd like to be an online entrepreneur but don't know anything about programming or internet marketing, then that leaves you with two options:

a) Learn the topic you need to know about – again you should have the time and this will likely be a skill that benefits you in other ways too.

b) Outsource the elements you're not confident with – if you're a good writer or a designer then you can handle those elements of your online business but outsource the actually coding or the SEO to others. This is what good businesses do anyway, and there are plenty of ways you can find cheap services online that will handle your business for you for a reasonable cost.

The other thing to do is to try and choose an industry and a business model that plays to your strengths. One way to do this in particular is to create a website, an app or an eBook that is targeted at your demographic. This is a good strategy because you will find that your sensibilities that way become an asset rather than a set-back. You will have more idea of what other people over fifty want from a website or an app, and as such you'll be able to fend off the competition. This is a great captive audience with the most disposable income, so in fact you're in the perfect position to make a killing online!

Author Bio:

The author is this article is Jenny Wadlow. She is a professional freelance blogger. She writes articles for Bentham IMF, a commercial litigation finance company. She uses her free time to indulge in reading and sports activities.


Thursday, October 10, 2013

Small Business Loans From Rapid Advance

Some of the best names we have as clients include names like McDonalds, Subway, Domino’s Pizza, La Bella Vita, Inc., Dunkin Donuts, Saxby’s Coffee, New Horizons Computing Learning Centre, Country Hearth Inn, Tan Republic and so on. Some of the recent names include Lawn & Garden, Gas Station, Sporting Goods, Automotive, and Clothing& Apparel….. Well, yes we have no. of clients who can actually be converted into a list. It’s simply because people show faith in us and we do everything we can to keep their trust. 

We at Rapid Advance believe that normally a business needs money in two situations – one when it is beginning and secondly when it is going through a bad phase. We offer advances in both conditions.

Starter Advance or Small Business Loan Program


Starter Advance is something which we offer while you are at the phase of just beginning your business; that is when you are starting it. Small Business Loan Program is for those kinds of start-ups who have been in any kind of business for at least one year. We offer large amount of sums to those who have been running successfully for the past one year. (Yes we do, read any of the Rapid Advance Reviews…)

Computation of the loan amount is done on the basis of gross sales. We believe it is a showcase of how much cash you will require and also this is the meter as to how much you will repay within the stipulated time.

The manner in which you can apply for this kind of loan is simple

  1. Fill in the application form
  2. Enter your details like company name and details of your work
  3. Get a free Quote from us.
  4. Discuss details with our Financial Advisor and get the best plan for your business
  5. Do the formalities and get approval with 48 hours of submitting all the documents. 
  6. Once the loan amount is approved, chalk out a plan as to how you will repay the loan amount in a fixed manner.
  7. Get free advice about how best you can run your business. 
This kind of program best fits for start-ups who generate sales through VISA or Merchant Card Processing. Rapid Advance provides you with a lump –sum loan amount with which you can run your business smoothly. For this you have to agree upon a set amount of future credit card transactions. 

This program has a lot of benefits like funding when you require it. 80% of the people doing business, who apply for this kind, get approval within 10 days of application. Repayment is easy as when credit card payments are low; our repayment amount automatically goes down. 

On the other hand, as and when your business transactions grow, your repayment amount too grows. This program does not require any kind of collateral, personal guarantee or security needs. 

Last but the least – the amount funded can be used for any kind of business and in any phase of the business – as long as it is legal. We do not interfere.(Ask any of Rapid Advance Reviews…)

That comes to the end of the story. However, practical part comes when you actually contact us and we began working. So, call us today….




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Thursday, June 20, 2013

The Different Types Of Businesses And The Key To Profit

The organization which involves trade of services or goods or both to the consumers is called business. Business model and business plan plays a very important role in a business operation’s outcome. Capitalist economies predominate most of the privately owned businesses. State owned or nonprofit businesses also exist. When multiple individuals own a business it is called a company.
 

Ownership in developing the business


There are different forms of business ownership such as Sole proprietorship, Partnership, Cooperative and Corporation.

When a single person owns a business for profit it is known as a sole proprietorship. He can run the business alone or others can be employed to do this job. Businesses owned by 2 or more persons are called Partnership. General Partnership, Limited liability Partnership and Limited Partnership are the three classifications of partnership business for profit. Limited Liability Business in which members have a separate and different legal personality is termed as a Corporation. Both privately owned and Government owned organizations exist. A for-profit organization is actually owned by the shareholders. A board of directors is elected by them who hire the managerial unit of the corporation. It can be both publicly or privately owned. A Cooperative is also a limited liability business. There are members who run the business unlike corporation which has shareholders. A cooperative can be both non-profit and profit. It can be classified into worker cooperatives and consumer cooperatives. 


Classification of Businesses


Businesses can be classified to many forms such as Mining and Agricultural business, Financial business, Real estate businesses, Manufacturers, Retailers and Distributors  Service business, Information business, Transportation and Utilities. 


Elaboration for business


Raw material production such as minerals and plants are the main concern of Mining and Agricultural businesses. Companies like banks which invest and manage capitals for earning profit are known as financial businesses. When profit is generated by renting, selling or developing properties such as residential homes and lands, then it is termed as Real estate businesses. The production of products from raw materials such as the making of goods like pipes or cars is made my Manufacturers. Retailers and distributors provide sales and distribution services. It helps the manufacturers in the sale or distribution of the products made by them. Service businesses provide goods and services to the consumers such as any business organization or government organization. It earns profit by putting labor and service charges. Resale of intellectual properties such as package software, movie studio for generating profit is carried out by Information businesses. The transportation business provides transportation of individuals or goods and they earn profit by applying transportation charges. Sewage treatment or electricity services fall under the Utility businesses.

Management in studies and business


Management is the study of effective and efficient business operation. The different branches of management include marketing management, strategic management, financial management, human resource management, operations management, production management, information technology management and service management. Owners are engaged in business administration indirectly or directly through manager employment. Three components namely human resources, capital or tangible resources and financial resources and are administered by hiring managers or owner managers. It constitutes worth or value of the businesses.

Author Bio:

Austin Richard is an IT professional and instructs EMC Certifications. He likes to write for different blogs on different interesting topics. He is E20-533 Exam qualified instructor.



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