Home Based Bussines Michael Jordan – Page 9 – Contains about home based bussines Information

30
Sep
2018

Important Considerations For Your Home Business With Drop Shipping

It is the easiest and the fastest way to start a home-based business using drop shipping as your backend to supply and deliver your customers’ order and eBay as your storefront interface. Although drop shipping brings a lot of benefits and make easy for your home-based business, it may jeopardy your business if you are not carefully select reliable and responsible drop shippers. Here are 5 important considerations that you must take when comes to selecting your drop shippers for your home-based business.

Consideration #1: Are Your Selected Drop Shippers Really Offers Wholesale Prices?

There are many drop shipping companies on the internet claim that they offer best wholesale price, unfortunately, only a few products offer at good prices just to attract you and most of their products’ prices are just a bit lower than the normal retail price, you won’t be able to make sufficient profits out of these products.

Hence, before searching for drop shippers for you home-based business, you need to know the normal retail prices of the products you intend to sell. Then, compare those prices with the wholesale prices offered by drop shippers.

Consideration #2: What Availability Guarantees Are They Claiming & Are They Proven

You do not want to waste your time and effort promoting drop shipping products and later when you have received orders but found out that the products are out of stock and you have to turn down your customers’ order. Hence, the product availability guarantees are among the important consideration when selecting your drop-shippers for you home-based business.

Most drop shippers allow you to access online on their stock lists and you can see what they have in stock. There are drop shippers’ online systems that can allow you to set an alert warning level on their stock level for your selected products and you will receive an alert message if their stock level is lower that the pre-set value. This feature will keep you alert on the stock level and help you to avoid promoting products which are out of stock.

Consideration #3: What Is The Committed Delivery Lead Time

You definitely want to keep your customers happy with their order being delivered fast. If your drop shippers are going to take 2 to 3 weeks to ship then you may not going to have many happy customers who will repeat purchase from you in the future. Hence, you must consider the delivery lead time as one of your consideration factors when selecting your preferred drop shippers. Many drop shippers are able to ship with in 3 days and some of them even can ship in next day once receive order from you.

Consideration #4: Do They Ship Internationally?

Unless you just want to do business within your own country, then this is not an important consideration for you. But, selecting drop shippers who can ship internationally can open many market opportunities for your business expansion in the future.

Consideration #5: Is The Return & Refund Policy Meeting Your Requirement?

You cannot success in online business that sell physical goods without a return and refund policy. Customers may want to get refund if they found their purchased products are not meeting their expectation. What are your warranties to your customers if products they received are not in good shape? Hence, it is important you mentioned your return and refund policy at your online store. It is important that your return and refund policy must in line with the return and refund policy of your drop shippers because they are the one who going to ship your orders to your customers and process the return of goods from your customers. Carefully review the drop shippers’ return and refund policy to ensure the stated policies meet your commitment that you offer to your customers.

Summary

Reliable and responsible drop shippers will ease your online business without the need to worry about product stock and delivery. You need to carefully select the drop shippers that you can trust in order to make your online business a success and keeping your customers happy.

26
Sep
2018

Make Money From Your Home Based Business

categories: Home Based Bussines

There are literally thousands of ways to make money from home based businesses. Whether it is arts and crafts, investing, working as a consultant or developing an Internet based business online, people from every walk of life are finding ways to make money while working from the comfort of their homes.

One of the myths about working from home is that you can get up late, lounge in pajamas for half the day and work only a few hours and make a million. If you happened to be a stock trader and get real lucky, it might happen to you, however for most us we need to put in a full days effort to run our businesses and make it a success. In addition adhering to basic business principles is also a must. This means controlling expenses, focusing on sales and ensuring that your accounting books are up to date. It also means that you have an idea of were your business will be next month, next quarter and next year. In other words you need a plan to run a successful home business and make money.

There are many attributes that an entrepreneur needs to make money from a home based business. One of these attributes is discipline. If you are the type that loves to sleep in, needs someone to set goals and objectives for you and monitor when you start work, you probably will not do well in a home based business. We indicated earlier that you need to be prepared to work hard and put in a full days effort. We cannot emphasize this aspect enough. Customers will not wait until you get up in the morning, they expect deliveries on time and the cash flow for your business is really dependent on the effort that you put into it.

Beginning with discipline and focusing on the key elements of your business many people will be successful at making money from their home based business. A list of the areas you need to pay attention to are: business plan, sales, high quality services and products, superior customer service, cash flow, and planning for the future to ensure that your business is sustainable over the long term. Having the discipline to put the effort into making all of these areas successful will help to ensure a successful home based business. Of course it also helps to have a great product or service, which is in demand. Adequate research and marketing are key elements in making sure that you have also chosen the best type of home based business to invest your time and money into.

22
Sep
2018

Top Ten Resources For Home-based Business Success Part I

categories: Home Based Bussines

If you are considering starting a home-based business, or if you already have one and are looking to increase your profits, I would like to share with you what I consider to be the

Top Ten Resources for Home-based Business Success.

1) First, having a great home business that is automated, has a spectacular sales presentation, and pays out high commissions. This is important because it is not easy to make sales, so make sure that you join a business that pays a lot for each sale/signup. Do your research thoroughly!

2) A steady flow of high-quality leads is the lifeblood of every home business. At first it is difficult to generate your own, so I recommend partnering with a marketing agency that can get leads FOR you. My personal favorite sources of leads are:

a) MLM Lead Genie High quality leads, best price I’ve found.

b) FIS Marketing They actually run a unique ad campaign tailored for your business, AND teach you how to convert the leads into sales! They also provide you with 200 free business leads just for listening to their presentation.

3) An upline/mentor team that is going to really teach you how to generate wealth with this business. A good mentor will help you earn massive profits. A bad one will take your money and leave. Make sure you do your research so that you can tell the difference.
I am lucky to be part of the Mentors4u team, under the guidance of Megan Vallaincourt and Stephanie Sammour. These two are great teachers; they are both warm and caring and take the time to walk you through building your business step by step.

4) A Blog! Yes, business-blogging is taking the internet by storm and can get you moved up in the search engine rankings faster than almost any other method. Your mentor will teach you how to use it to earn money online!

5) Craigslist Craigslist is a great way to get free advertisements out there in every major city. It is free to sign up and you can post many different ads (your mentor will teach you how to do this properly and supply you with some pre-made ads you can use)

Stay tuned for my next article, Part II, which will finish explaining and providing links for the Top Ten resources for the home-based entrepeneur!

Kindest Regards,

Rob Hunter
Passport to Wealth Mentors4U Team

19
Sep
2018

Even Small Home-Based Business Can Benefit From Unique Phone Numbers

categories: Home Based Bussines

If you are launching a small home-based business, there are cheap 1300 numbers that can make your company seem larger than life. It does not matter if you are working from behind a small desk in your kitchen. As long as you have a phone that this number can piggyback on, then you are all set to go and do business with the big boys. The main reason why this number works is because it helps conceal both the size and location of your business. Aside from this, a 1300 number is affordable, especially if you are serving a specific area.

Numbers that improve professionalism

When you direct your mobile phone to a 1300 number, you give others the impression that you are a large corporation rather than a person holding a mobile. Having this number also encourages customers to pick up the phone and call you. On a psychological level, most Australians are hesitant to call a landline or mobile phone number. This is because these numbers are hard to remember and make your business seem like an amateur or fly-by-night operation.

Call Costs

Unlike 1800 numbers, calls that are made to a 1300 number are split between the receiving party (the business) and the caller (client). When calling from a landline, the client pays the cost of a local call (which is around 30 cents). If they happen to call you from a mobile phone, the call cost is then determined by their mobile carrier. From the business end of things, you will pay a monthly fee for the use of the number (starting at around $50). After that, pricing tends to get complex as Telco companies will charge different plans and rates.

A typical scenario

The first 20 minutes are free for calls made from a local landline to your landline. After which, a per-minute charge will apply. This makes it affordable if most of your customers are local. For calls made from a mobile or long-distance landline, the free minutes do not apply. Instead, you are charged a per-minute fee that is similar to 1800 numbers. For calls that are routed to your mobile phone, the costs are also the same as calling an 1800 number. There might also be a minimum charge for calls that are made from landline or mobile phone.

If you want an effective marketing tool that can put your company out there, why not invest in cheap 1300 numbers? With a number like this, you get great flexibility, no matter how big or small your business may be.

13
Sep
2018

Gifting A home based business or an illegal scam

categories: Home Based Bussines

I’m sure you’ve seen plenty of cash gifting programs and wondered to yourself if there was money to be made with such schemes and more importantly if gifting was legal. In this article I will reveal the truth of cash gifting from legality to profit potential.

The first point to address for those of you who are new to this concept of cash gifting is exactly what the definition and meaning of cash gifting.

Here’s the scenario of most cash gifting programs: The prospect sees an ad or hyped up website with photos or video of big piles of cash. This is a physiological tactic to make you hungry for the money you see them counting out. Just because a person is opening envelopes with a lot of money, doesn’t mean that it’s really from the cash gifting program. A person can get a loan or use their money to make such a video. When it comes to getting in your pocket some people will do anything.

Next your inviter or the website itself will get you on a hyped up conference call where everybody talks about what big money they’re making and how easy this is! It’s funny but the conference call conductor also talks about the importance of giving. Not one person involved with gifting programs cares about giving; it’s really about greed and receiving. This conference call is just another psychological hook.

Before you’re sucked into a cash gifting scheme consider the fact that gifting is illegal! There have been people who are forced to pay back the money to those who sent it to them, and people have gone to jail for participating in a gifting activity.

The gifting tax law was not designed for people to pass money around. It’s for this reason that gifting programs restrict the promotion tactics of their members/participants. If you are audited by the government believe me you will be penalized or jailed.

The next question is if gifting has profit potential. There are a few people to profit from cash gifting. There are however many negative points to consider. The first downside is convincing people that gifting is legal, the second downside is that you are restricted when it comes to how and where you promote and the third downside is the fact that you may very well be forced to pay back monies received, pay fines and possibly go to jail. Is the activity of cash gifting really worth the risks involved? I’ll leave that decision up to you.