Sunday, September 7, 2008

Small Business Asset Management
Copyright © Tim Stokes
http://www.NetBusinessDirect.com

Business assets are the things that keeps the business going so all businessmen should realize that asset management is an important part of managing a dynamic and profitable business. There are two types of business assets that businessmen should look into, the first is the cash asset and the second is the physical asset.

Obviously, you need to manage your cash flow properly to sustain business operations, pay your workers, and buy raw materials. However, cash assets are probably the most difficult kind of asset to manage because it you need to balance the lead time wherein your buyers would pay if they buy on credit and the time it takes for you to buy the raw material once again for production.

On the other hand, managing the cash assets is also important because you need to pay the government a certain amount of cash from your profit. Sometimes, the taxes you have to pay are already due even when you have not received the payment for your products in cash yet. So how can you reconcile this problem with the necessity of paying taxes? Well, this is exactly the reason why you need to manage and anticipate issues such as this one even at the beginning of the year so you can avoid being in debt to the government. However, if this scenario already happened then the next best thing you can do is to ask your buyers to pay you in advance if possible.

Meanwhile, keeping track of your physical assets such as your inventory and equipment is likewise important for you to sustain effective and efficient business operations. You should note that it is sometimes required for you to conduct a physical inventory just to make sure that everything is in place. In addition, you should realize that all assets that have a value can be considered as a physical asset. For example, you might already know that the machinery you use for production is an essential asset for your company. But it is also important to remember that even the chair you are sitting on in the office is considered to be an asset therefore you need to include it in your list of asset and liability also.

Keeping track of your assets will likewise enable you to keep an accurate record of the real status of your business. In the long run, proper asset management will enable your business to grow and expand without any problems because you know your real capacity to meet the needs of the marketplace. Even minor assets that you normally ignore should be recorded. Asset management should definitely be taken seriously as this is part of managing a successful business that is ready for the future.


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To find the best home based business ideas and
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Monday, September 1, 2008

(Affiliate Success)
Copyright © Tim Stokes
http://www.NetBusinessDirect.com


Multiple Streams of Income

One of the keys to obtaining affiliate success is to set up multiple streams of income. There are several reasons for taking this approach. The top reason is the more services or streams you have to offer the more potential you have to succeed in making your online business venture succeed. If you only concentrate on one service you are really depriving yourself and your potential customers of thousands of dollars of potential income and invaluable services you can offer to others. There are hundreds of affiliate programs out there. Do some research and check out the business forums to see what may be of interest to you.



Marketing and Advertising

The hardest part of getting your online business going is getting your website noticed. There are several ways of doing this and I recommend doing a lot of research before committing your hard earned money towards something that just will not work. Some of the most popular methods are buying leads, setting up an account with a traffic exchange, posting blogs and posting original written articles. All of these will get your website noticed but the most successful method I have found is by posting blogs and articles.



You can write your own blogs and post it on your website or have a service post it for you. This gets your voice and opinions posted on the web and will also get your website noticed.



Posting articles is probably the greatest advertising tool that you can use. By writing an article of 500 words or more in an area of expertise you are comfortable with, you can get the search engines to stand up and take notice of what you have to offer. Once you write your article or have a professional write it for you, just have one or better yet several of the hundreds of article directories post it. You will then start seeing your article posted on the web. Just make sure you have a resource box at the end of your article directing any potential client to your website.



Automating your system to free up your work load

If you’re like me, time is definitely one of my greatest enemies. This is where automation comes into play. Using an automated system to answer and send out e-mails to your customers and potential customers is definitely a great way to save time. If you have a customer that is on the edge of committing to your venture but hasn’t taken the leap yet, an auto responder can be used to send a series of follow up messages with more information that may be helpful in getting this customer to take part in the services you offer. This alone is a huge time saver.



Continuous research

The last bit of advice I can offer is to keep doing research. Read what people have to say and what is making their affiliate venture successful. A great web tool is the online business forums. Check out the marketing section and see what is making some a success and some not so successful. I wish you good luck and great success with your new affiliate business.




About the Author:
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To find the best home based business ideas and
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Tuesday, August 26, 2008

Do you have what it takes to be an e-entrepreneur?
Copyright © Stone Evans, The Home Biz Guy
Author of "Dotcomology - The Science of Making Money Online"

These days, it seems like everyone wants to work
from home and make money on the Internet. But
before you even turn on your computer, the first
question you have to ask yourself is whether
you’re cut out for this kind of work.

The fact is, building a home-based business isn’t
for everyone. Some people like the commute. They
really do enjoy having a boss who tells them what
to do, and they like the routine of working
nine-to-five for an ordinary salary that can
barely pay the mortgage. Personally, I think
they’re nuts.

More reasonably, there are people who are
concerned about the risk of starting up their own
business. They’re not sure it’s worth the
investment of time and money, and they’re scared
of the responsibility that comes with running
their own company. They wonder if there is
another way to escape the rat race.

I’m sure there is. You could win the lottery or
wait for your Aunt Sue to keel over and leave you
her condo. Or maybe you could sit down with a pen
and paper and draw the blueprint for "The Next
Big Thing". Anything can happen... Right?

For me, what happened was creating a successful,
self-running Internet marketing system. It didn’t
happen without effort. It didn’t happen without
at least some initial investment of both time and
money and, of course, it doesn’t happen now
without me making sure that the taxes are filed
and the paperwork is done. But it happened.

I’m my own boss. I work from home according to my
own schedule and I get to pocket all the cash my
business makes. If you’re prepared to give an
e-business the time, the work and the money it
needs to get started and get growing, it can
happen for you too.

Article excerpted from "Dotcomology":
Don't Pay A Dime For Any Ebook, Marketing
Course, Software Program Or Anything Else Until
You've Read This Groundbreaking Document...
Click Here to Discover "Dotcomology" Now!

Monday, August 18, 2008

(Internet Marketing At Its Best)
Copyright © Tim Stokes
http://www.NetBusinessDirect.com

With the continued growth of the computer age, there is a whole new way of marketing a business. Especially for businesses who perform most of their transactions online. When reaching for online customers, internet marketing becomes the main target for your marketing efforts as it will attract the customers in your demographic – online users.

There are two distinct styles for online marketing, one is business marketing, the other is website marketing. With web site marketing the goal is to have people searching for particular services or products find your web site while conducting an online search through the major search engines. There are many facets involved in web site marketing and once a business is able to get them all clicking together, there is a good chance they will experience a major influx of new visitors to their web site.

One the other side are businesses that heavily promote their availability aimed at the internet users more so than the search engines. Buying internet advertisements, sending out emails and other promotional marketing materials that are designed to bring visitors to their online web sites, are just a few of the online marketing strategies being used today.

One of the things to remember with online marketing is to consider your home page as a billboard along the side of the road. If there is little traffic along the road, there will be few people who will see your billboard so your efforts should be focused on getting people on the right road. Looking at it from another perspective, there may be over a thousand people selling a certain brand of personal care items and they all have a web site, many provided free when they signed up and they all look alike and have the same enhancements.

If a person searches for the brand by name, there is no telling whose web site is going to pop up in the search results. If you own one of these thousands of sites, specific marketing will need to be done to guide that potential traffic to the site you own. To do this you can use pay-per-click advertising that you pay for based on the number of visitors who click through to your site.

Affiliate marketing is also a popular method of bringing visitors to your site. As a business, you agree to pay a certain percentage or dollar amount of a sale to another site, an affiliate, who drives the traffic to you. Essentially, you are gaining free advertising and only pay for it if your site makes a sale. While some link exchange programs have been successful in the past, having thousands of unrelated links to your site may turn search engines against you and lose your information from their engines and as a result from their results pages.


About the Author:
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To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.NetBusinessDirect.com
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Welcome to my blog

I've just launched my new blog! Stay tuned.....

Best regards,

Tim Stokes
http://www.netbusinessdirect.com