How a Home Based Business Could Be Your Solution to Avoid the Retirement Blues

A home based business is an answer to the retirement worries that everyone is facing when retirement funds are shrinking. Few Americans have saved enough money so that their retirement can last for more than 30 years. People are outliving their money. So what is the answer? Well, you have 3 choices; a delay in retirement by working longer, learn to live on less money, or start a home based business that will be able to give you a residual income to last the rest of your life.Let’s look at all the choices.First choice is a delay in retirement. In order to live at a lifestyle that you are comfortable with, you will have to work past your expected age of retirement. How much longer depends on the kind of lifestyle you want. It also depends on the economy and the cost of living at the time of retirement.Second choice is to learn to live on less money. Here are some steps you would have to consider:Downsize your home – less mortgage and lower maintenance costs
Give up one car – a couple will have to learn to live with one car which lowers cost of insurance and car maintenance
Must Spend Taxable Accounts First – you must use the funds that are taxed each year before you touch your 401K and IRA’s. This will reduce your tax burden.
Hidden Fees – Avoid banking fees, ATM charges or overdraft charges on your checking account. Check out any mutual fund fees or penalties for early withdrawals; make sure you have one of the lowest ones. Pay all your credit cards in full, so you can take advantage their offers (travel points). Don’t retire with debt!
Sign Up for Medicare on Time – you must sign up during the seven month period beginning three months before your 65th birthday. If you don’t, then there is a premium increase of 10% for each 12 month period of delayed enrollment after age 65. If you are still working past the age of 65 and receive health insurance benefits from your employment, then you must enroll within 8 months of leaving the job to avoid the penalty.
Find a Prescription Drug Plan – you must check out-of-pocket costs of the prescriptions you are receiving not just the cost of the plan. Compare all the plans. Seniors can only switch drug plans during open enrollment, which happens only once a year, so be careful.
Delay Signing Up For Social Security – benefits start at age 62, but benefit checks are reduced by 20-30% for workers who claim their checks at this time. Full retirement age is now 66 (if you are born from 1943-1954) and you can then claim full benefits. If you are born after 1954, full retirement age is now 67.
Leave Expensive Cities – now that you are no longer tied to your job, you should consider moving to a city where the cost of living is much lower, taxes are lower, and housing is cheaper.
Cut Expenses – Get rid of your land line phone, your cable TV, and some hobbies such as golf, bowling, theater tickets, and gym memberships.
Find free entertainment – either by volunteering at your local theater or your local botanical gardens. You will have to look for less expensive hobbies.
Resist Gift Giving – you will have to resist spending money on your children and grandchildren. This is the hardest, because emotionally you want to but financially you can’t.
Eat Out Less And Cook More – you will have to become part of that “early bird” crowd or share meals.Sounds pretty bleak, doesn’t it? It doesn’t have to be because there is a third choice, start a home based business. This can be done either part-time or full-time.Your home based business can give you a residual income so that you don’t have to worry about any of the above. You can live the lifestyle you either are at now or have always dreamed of. The statistics for a home based business failing are high, but a home based business with a great marketing system can give you a great advantage. A marketing plan can bring your business to another level.

Tips to Start a Home Based Business

Nowadays, people think larger than doing regular 9 to 5 jobs. This is because of the reason that they are not comfortable working for stubborn bosses and long hours. For them, there are various options to earn money. They can start their own business at the comfort of their homes and grow big in short span of time. However, they must do complete research about how to make money by sitting at home. Some of the tips to start you own home businesses are elaborated as below:Tip# 1: Know what you want The foremost thing which you need to do is to know which business you want to start. It depends upon what you are good at. Some people are good at writing while others are good at speaking with the clients. Depending upon what you have experience in you can strategize your business and layout a plan accordingly. You have to meet with the clients personally so that you can understand their requirements and offer them what they want.Tip# 2: Create a professional environmentOne of the biggest mistakes which people make is they forget to separate their personal and professional environment. It would be better if you keep the room isolated from other rooms in the home and make sure that there should not be distractions. It is highly recommended that you must have office furniture and other equipments that give your room a professional look. If your clients are going to visit your office; you need to have additional furniture.Tip #3 Maintain Discipline You must start working at a specific time in the morning. It is suggested that you must get ready on time as you are going to office. This way, you will feel controlled and your efficiency will increase. In your home based office, you must maintain discipline so that you should not feel ashamed if any of your clients visits without prior appointment.Tip# 4 Take break in betweenWhile working, you must take regular breaks for tea and lunch. This is one of the best ways to stay focused towards your work. Having a break in between will keep you fresh and you can work more efficiently. However, you have to have a control on yourself and must not extend your breaks because you are working at home. You can spend you time with your family by keeping balance between your work and personal life.Tip# 5: Do not stress yourselfIf you have a home based business; you should have a proper working schedule and you must not exceed your timeframes. It is advised that you must not stress yourself by overworking. This will increase your performance and you will be more dedicated towards your work.By following above mentioned tips, it will be easier for you to run your home based business efficiently. When you feel that you have expenses to move out from your house; you can expand your business and hit the market with boom and start earning money.

Home Based Business – Rules to Follow to Make a Living From Home

For a moment consider being able to earn a great income all while staying at home with your family. Where you can decide when to work and when to sit on the floor to play with your little ones. If you’re looking to find a home business, it’s important to find one where you can really help people and shed the shackles of the day to day grind. This would put both moms and dads in a situation that would be a dream come true. Something that would save them from having to return back to work after maternity or parental leave, but still allow them to contribute to the home’s finances. As you might imagine, a lot of the people I help are new moms who hate the idea of having to return back to work and leave their babies in daycare.The biggest concern that most have is that the Internet is full of ‘Get rich quick ideas’, so how can you know which are real and which are scams? Not all home based internet opportunities are scams. I was where a lot of other people are and very skeptical of internet based business however I am now in the fortunate position of earning a good living from home, allowing myself and my wife to spend every day with our two young children. By following these two rules, I was able to avoid being “taken for a ride”, and I thank the lord. The two rules of searching for home based business’ are: Number one is to hear a testimonial from a close friend or family member, in this case let me be that friend. Number two, do the research that a lot of people choose not to do. I followed these two rules to help find a home based business that was right for me. It was referred to me by a close friend, and my life was changed in a matter of seven days. There is a business out there for you!Its important to know that most home business’ require no special skills or qualifications. In fact, the only things that assist you is to have a caring, honest personality and a desire to earn money from home. I am a very optimistic and positive person and always try to trust that most people are genuinely “good people”. So how can you help me, you’re asking?Remember the first paragraph of this page? Imagine being able to earn a great income while staying at home with your children. Choosing when you want to work and when you want to spend quality time with your family, all while doing work that really helps people. I want you to know that this can become a reality for you. Do your research! Or talk to a friend in the business, and they will show you how simple it is. By doing this you will be in the position I am in. I did my research and trusted a friend, and my life is completely different today than it was six months ago. If you do this you will receive my promise of success, and you may even have a lot of fun along the way!Here’s how my lifestyle has changed: Six months ago I was the operating manager for one of Canadas top retailers. I was commuting two hours per day. I would get up early and at days end travel home and spend the evening preparing for the next day. Fun and enjoyable right?? Not the life my wife or I wanted. I missed my family, and felt guilty that I wasn’t able to spend more time with them, but I had to work and earn income to take care of them.Today I do a mix of telephone calls, emails and meetings, but my family always comes first. I help to mentor people about the wonders of this thing we call the ” Internet “, and the opportunity we have all been handed, a solid life changing home based business. It is vital to go into any possible home based business opportunity with a clear mind and a trustworthy heart. Remember to do your homework and investigate the company that will make you rich and help you fire your boss, or talk to a trusted friend. Do not fall into the belief that everything is a scam, because it is not! I am living proof. So, does this sound like the lifestyle you would like? Don’t rule out a wonderful life of making money from home and giving your family what they need most ! YOU.

How To Find A Legitimate Home Based Business Opportunity

With so many home business opportunities available today, it’s hard to tell which one are legitimate and which ones will be a waste of time and money. In this article, I’m going to give you some pointers on how to find a legitimate home based business opportunity.Finding a Legitimate Home Based Business OpportunityWhen looking for a home business opportunity, there are 3 main things you can look at to give yourself a better idea of whether or not it a legitimate opportunity.1. The Age Of The Biz Opp – You don’t necessarily have to join a home business that’s been around for over 5 years, but it’s probably not a good idea to join the newest opportunity out there. You want to make sure that whatever opportunity you are considering has some history in the industry. For example, if it has been around for one year, two years, or even more, and over the life of the program many people have seen success, then you’re in good shape.If the opportunity is working for others, then it’s not a matter of can it work for you, it’s will it work for you. As long as you have the desire and determination to make it work, any home business that is already working for others is probably a legitimate home based business opportunity.2. Training & Support – This is another important factor when considering starting a home business. Does the opportunity you are thinking about joining provide you with the mentorship, training, support, and guidance on what to do and how to be successful with the business? One of the biggest reasons people fail in the home business industry is because they lack the proper training & support and without it, you will have a hard time being successful as well.The majority of home based businesses do not offer the training and support needed to be successful. If are looking for a legitimate home based business opportunity and the one you are considering doesn’t provide you with on-going training & support, it’s probably not that legit.3. A Marketing Plan/System – Yet another important factor, probably the second most important behind training & support. You can join the best home business in the word with the best products but unless you have a proven marketing system to go along with it, it means nothing. To be successful in the home business industry, you need to know how to market, generate leads, and turn those leads into sales.If you join a opportunity and you are left to figure out the marketing aspect of it on your own, you’re going to be wasting your time (unless you are already a marketing genius). It’s important that whatever home business opportunity you decide to join provides you with a marketing system that you can plug into.Out of the three things we discussed here, the last two are of the most importance. Any business opportunity that offers on-going training & support and a complete marketing system is most likely a very legitimate home based business opportunity.

Do Your Homework On Home Based Businesses

With the seemingly endless variety of home based business opportunities popping up for those who what to work at home these days, it is important to make sure that the home based business of your choice is legitimate. No one wants to waste money on a work at home job that turns out to be a scam.There are many things that you can do to make sure that your work at home job is legitimate. Before settling on one choice, do your homework. Ask plenty of questions. Find out as much as you can about the home based business. There are many ways to investigate a home based business or work at home job. Read all the information on their site and if it sounds too good to be true, it probably is. Find out if the home based business is a member of the BBB. Ask how long they have been in business and see if you can talk with some of the members about their experience with the home based business. If they can’t answer your questions to your satisfaction, they are probably not the home based business for you.Another way to find out more about a home based business is to type the name of the home based business into a search engine and see what kind of results you get. Check out the sites that detail work at home scams. Ask online in chat rooms or with online acquaintances if they have heard anything about a particular home based business. Word of mouth can be a very effective way to learn about a home based business.Once you have narrowed your choices down, find out about the specific practices and procedures of a home based business. If you don’t like the way they operate or feel that you can’t be comfortable with their practices, then it is probably not the work at home job for you and you need to move on to another home based business that you will feel comfortable with. Also, if you don’t like or approve of the products or services they are selling, then keep on looking until you find one you like. With the choices available, everyone should be able to find a home based business they will like that will provide them with the work at home experience they want.Hopefully this articles has proven useful to you. Download my Free E-Book and receive valuable tips, strategies and techniques designed to grow a successful Home Based Business. Receive The Free [http://www.charlesfuchs.com/QuickStartWorkBook.pdf].

Legal Careers Without a Law Degree

If you’ve always wanted a challenging career in the legal field but the long years and heavy debt of law school were not right for you, there are alternatives. You can work closely with attorneys and immerse yourself in the law by pursuing several interesting careers with an Associate’s degree or specialized training. Three legal careers that are hot right now are Paralegal, Legal Secretary and Court Reporter. All of these are in demand, have excellent salaries and promise continued growth in the future.

Paralegals work closely with attorneys, assisting them in preparing everything from legal briefs to depositions. Most paralegals spend a great deal of time researching court cases and reading about current legal research and trends in order to stay abreast of what’s going on in the legal community. Paralegals are also entrusted with interviewing clients, interviewing witnesses and investigating the facts of a case. They may follow leads in order to confirm information or make arrangements to question witnesses in the event of a criminal investigation.

It is a paralegal’s job to make sure that the attorney he or she works for always has the most available research on case law available at their fingertips, and that all pleadings and other necessary paperwork is ready at all times. He or she should also be prepared to obtain sworn affidavits at all times. To that end, most paralegals are also Notary Publics. Paralegal programs typically last two years and result in an Associates degree or certificate. Course work will cover proper research techniques, preparation of legal documents, state and federal statutes, proper investigative techniques, court structure, legal terminology, rules of hearsay, preparation, discovery and a host of other issues.

Legal Secretaries do less research but have more generalized duties in a law office. These are the secretaries who do everything from handling correspondence for the attorneys to scheduling depositions, meetings and hearings. If you work for a corporate legal department, you may also verify, quote, review and summarize the content of legal journals for busy executives. Legal secretaries generally receive secretarial training that focuses on legal terminology and the use of a wide range of office equipment, including transcription machines and computers. Legal terminology and administrative skills are also taught, and you will generally receive a certificate at the end of the program.

Court reporters are currently in high demand, and it appears that this trend will continue in the next several years. It’s a face that more positions will open up than there will be trained people to fill them. Court reporters must be able to pay attention to the details of events, particularly the conversations taking place at all times. And, they must be able to record them with precise detail and accuracy. The training for a court reporter is strenuous. A typical court stenographer can record over two-hundred words per minute by the end of their training. He or she will also be able to translate the information transcribed into accurate legal documents for use by the court system.

Most court reporters work in either the criminal or civic court systems. You may work for a particular judge or be a part of a team of reporters regularly hired by attorneys or law firms for anything from depositions to trials. Some corporations also have court reporters on staff to record meetings. There are now several methods of court reporting available. The most widely used and most traditional is still court stenography. This also requires the most training (generally about 33 months) in order to become proficient on the stenographic machine. Voice writers (using a voice recording machine and transcribing the text later) can usually complete training within a year. Both courses are certificate programs. The National Court Reporters Association offers certification for those who can prove proficiency at recording over 225 words per minute. A Certified Court Reporter (CCR) classification and Notary Public license is required in some states.

Various Options for Small Business Loans With Bad Credit

Though the lending for small businesses are reaching the highest point in the curve, still there are challenges that many small business owners with bad credits face. Many banks and financial institutions are still not ready to lend a loan for small business owners with really a bad credit rating. Though many companies have valid reasons for having a poor credit history, those are not still considered by the banks. For example, during recession time, especially in the year 2009-10, many small businesses failed to pay their vendors or faced problems in correcting their cash flow issues. The bad remark on any company may take years to get corrected. In the meanwhile, the company may require some kinds of loans. Luckily, there are many lenders other than banks who are ready to sanction loans even if the small business or the business owner has a bad credit score.

Funding Options for Small Business Loans with Bad Credit

There have been studies conducted which shows that only 25% of bank loans or credit card options have been sanctioned to small business owners. This means there are many other options available for business owners other than these, which is really a comforting fact for many.

Home Equity Loans

To start up a business and build a credit score on it would take months together. In the meanwhile, a small business entrepreneur can apply for a home equity loan if he or she owns a home. But while applying for such a loan, one must think about various risk factors involved in the business, as he or she is pledging the home.

Merchant Cash Advance

This is a very short-term loan which is approved to a business owner in a lump sum against the business’s few future credit-card or debit-card sales. These loans are sanctioned for a short-term, generally for 24 months and the payments can be made in small installments, usually on each business day. These kinds of loans are not like regular bank loans where one needs to pay in lump sum every month and for a longer period of time. Many financial institutions which sanction such loans approve the loan application within 48 hours and the person applying needn’t have excellent credit rates. The only drawback in such loans may be the high rate of interest.

Family and Friends

Seeking loans from family and friends is also a good option. According to statistics, about 50% of families and friends like the idea of small business and entrepreneurship, and come forward to help someone in the business. This is a very good option as no relatives or friends look into credit scores before giving a loan, as they believe in one’s character.

Lending from Suppliers and Vendors

Many businesses thrive on one’s vendors and suppliers. If the supplier is ready to supply products on credit and then report to the credit agency, then it is going to be a good option to improve the credit scoring. But the credit scoring will improve only if payment is done on time.

Business Credit Cards

Business credit cards help a businessman to improve his credit scoring and at the same time get finances to improve his business.

Microloans

Many non-profit organizations and online non-bankers lend microloans to entrepreneurs anywhere between $5000 and $50,000. These loans are specifically designed for women and minority entrepreneurs and also for companies who work for economic empowerment zone. These are really excellent for people with a low credit score, but with a higher rate of interest. But, compared to credit cards and other loans the rate of interest is nominal and affordable.

These are a few loan options for small businesses with bad credits, which may help one to either start a new business or develop an already existing business with confidence.

How To Succeed At Online Product Creation The Easy Way

Product creation could be a frightening subject for a lot of Internet marketers to face. Some folks who get in the game with the intention of making a full time income are completely ignorant as to how an online business operates. One of the most profitable ways to create online cash is by creating a product that others are happy to pay for.

Product creation is legitimate method of generating money through internet marketing but many entrepreneurs get it wrong. They start by imitating their Internet marketing gurus by creating information products on Internet marketing in hopes of getting rich the way their heroes did. The problem is that they usually don’t know what they are doing and enter a highly competitive niche with very little marketing experience or connections.

Here are a few tips for effective product creation that may help you get on the right track:
Start by finding a profitable niche with low to moderate competition. If you conduct some rudimentary market research and keyword research, you’ll find many opportunities in areas that will surprise you. Amazon and eBay are two great places to brainstorm for product ideas.

Developing Your Product does not have to be a difficult project. You can find experts in the right field for your niche and pay them to write the material while an artist designs the packaging and website or blog. You can outsource the entire product creation part of the project after you conduct the research and testing to ensure profitability.

Sales and marketing strategies should be created while developing the product and learning about the market. Some experienced marketers use pay per click to drive traffic to their offer page; some folks outsource the entire marketing campaign to affiliates through ClickBank or other affiliate programs.

Product creation does not need to be hard, particularly when the merchandise is electronic. E-books, videos, audio and multi-media products sell very well. They are distributed immediately to customers electronically. Once you have a good feel for a niche market, try to service your customers with associated products and upgrades. If you want to earn money online through product creation, you must understand supply and demand. The majority of new online marketers fail miserably because they go after highly competitive markets or forget to research their chosen niche properly. You have to create your products according to the needs, wants and desires of the prospective customers.

Information Product Creation: Never Compete on Price Because There Is Only One You

Information product creation requires extensive preparation, no matter which niche you work within and you want to make sure that your information product has a successful launch. That probably sounds scary and intimidating but here’s the thing: this is a one time effort and it will pay off in a foundation that is strong enough to get your ideal clients to invest in your high-end programs and services without the perils of a traditional funnel. This article will teach you a few of the things that you need to remember if you’d like to invest in yourself and start on the information product creation path using your unique talents and abilities. Remember that you never have to worry about anyone ripping off your ideas because if you understand how to properly position yourself around your story.

Understand Both Strengths and Weaknesses: It is good to have an impartial view of your own strengths and weaknesses when lay the foundation of selling yourself within the information product creation process. It helps you figure out where you are, what you lack and how to move forward so that you get as much growth as possible. It is more than important, it is urgent if you want to create fast success for yourself to have personal positive reinforcement and deep belief to provide yourself the support you need so that you can get over your own limitations to ensure that your information product is as valuable as it can be.

You also need to know exactly who your competition is so you can study them and use their methods to help you improve your own standings. Down recreate the wheel, but understand the wheel and position yourself going uphill from the competition. Check out which kinds of opportunities you’ve already got and try to figure out how best to use them while taking care to remember your strengths and weaknesses. This is a great way to figure out where you stand against your competition which helps you figure out how best to grow.

Launch on Time: No matter what, even if you haven’t officially announced your “launch date” you should launch the site when you’ve said you would. This will force you to stick to your goal and actually work on it. Thinking that “I’ll launch it when I think it’s ready to launch” will only hinder your efforts. You’ve got a responsibility that you need to live up to with your launch, and you can’t move back on that one. If you get close to your launch date and you are getting hung up on your self limiting beliefs in your information product creation, don’t worry this about getting it out there and not perfection. As long as it is usable you should launch it. Launching on time is the professional thing to do and it is more important than creating a “wow” effect in your site visitors. You can always update/upgrade your website when you have to, so there shouldn’t be any issue with that.

Analyze Your Own Concept: If you want to make your information product creation successful you need to understand how good your concept is: is it really going to work for your chosen audience or would something else be better? You already know about your competition; how does your concept measure up? If you haven’t come up with your own idea and are trying to work with someone else’s concept, do some more work on your own before your launch. People want original ideas because they’ve seen too many other me-too websites already.

Test Your Concept Before You Commit To The Information Product Creation Process: One of the biggest failures people have with information product creation is not testing an idea before putting a lot of effort into producing an information product. PPC to a small 5 page site with a landing page is a great way to test an offer before you even produce it. If people will sign up to get it, you can be sure that you can create an information product that will target eliminating the pain of your target market. The small amount of money will be invaluable in using crowd sourcing to direct the final outline of the information product creation process.

You’ll have lots of hurdles to clear after the launch of your information product and the only way to truly take care of them is to follow the advice in this article to work smarter. Plenty of people work hard, but it is the ones who work smarter who make real money online with the information product creation business model.

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.