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Attract Media Coverage Without Spending Advertising $$
Advertising is expensive. PR is often low cost or free. Try these ten tips for attracting free PR to your business. But here is a word of caution. When sending press releases to the media, remember that less is more. The journalist who encounters a...
Business After the Iraqi War
The rewarding of high compensation packages to top executives who turned over weak quarterly earnings, or who were involved in corporate scandals, adversely affected short-term investing, and collectively contributed to the downturn of the...
"How You Can Make $4,000.0 A Day, Sitting At Your Kitchen Table, In Your Underwear!"
Are you a person who could use this kind of money? Of course you are!!! The next question is how you in your wildest dreams you can do this. You need to start with a small step. You need to educate yourself about the ins and outs of doing a...
The Miracle of Forex
My father, who owns a small parts store and garage for vintage British sports cars, called me up recently and droned on and on about how he is getting killed by the Euro. Confused as to how the Euro could possibly be affecting his small and...
The Seven Essential Elements To Successful Business Communication
The seven essentials of business communication
There are seven essential elements to successful business communication:
Structure
Clarity
Consistency
Medium
Relevancy
Primacy/Recency
Psychological Rule of 7±2
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Part-Time/In-Home Business - Low Expense and Low Risk
As a first time entrepreneur, there are a variety of franchises, dealerships, distributorships, and licensing opportunities available for purchase. Many of these you can start by working part-time from your home. In doing so, you save thousands of dollars in start up and operating costs, while at the same time reducing your overall risk.
You (and/or your spouse) don't necessarily have to give up your current career(s) or full time job(s) to start a lucrative business. There are many opportunities which exist by working part-time from your home. Most of these businesses can be started with minimal investment. Additionally, you are virtually eliminating many of the initial and ongoing high costs associated with opening and operating a business. You would be eliminating the rent or lease expense of having office or store space. Most, or all, of any payroll expenses would be removed, as well as, the majority of costs associated with purchasing equipment, supplies, and furniture.
You would simply need to designate a small room or location in your home to set up a desk, phone line, and possibly a fax and/or computer. You might also need, depending on the business, a small amount of storage area, either in your basement or garage, to store product, tools, or supplies. You are already saving thousands
of dollars and reducing your risk. (There are also some tax benefits to running a business from your home.)
Operating a business from your home provides you with the opportunity to work the business in your extra or spare time, and expand the business only as it grows. By minimizing your start up cost and monthly expenses there exists less pressure for immediate success. Cutting costs and saving money in the beginning provides you with more capital for expansion as well.
Owning and operating a small part-time, in-home, business provides you with insight as to whether or not you have the self-discipline, attitude, determination, and confidence to run your own business. You have don't have to "risk it all" to find out if you have what it takes.
Once your business becomes profitable, then you can decide whether the time is right to expand and convert your part-time business to a full-time business, and give up your career(s) or full-time job(s). Part-time, in-home businesses provide great opportunities for first time entrepreneurs.
(Copyright 2005-ehbvi-www.businessventureinc.com)
About the Author
Ernie Horning is a Franchise Consultant and owns multiple businesses. He is also a former franchise owner, and writes articles for http://www.businessventureinc.com
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