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Many people are interested in starting a work from home business but lack an awareness of where to begin. Thankfully, you?ve found this article. The information in this article will set you on the right path to running a successful home business.
If you need to ?wine and dine? your clients, make sure that you deduct the cost of these meetings during tax time. The costs of these meetings are legitimate, tax-deductible business expenses. You must make sure that these are potential clients, if not it is not deductible.
TIP! Watch, and make note of, your business costs to save money. This includes things like business related car mileage and Internet service.
You must figure in cost, in order to know profit when you are selling items which you have made. To determine the wholesale price increase, multiply your cost by two. Businesses that purchase goods from wholesalers generally charge twice the amount they have spent on goods. Set the prices for your products so that you can make a profit and still keep your customer happy at the same time.
If you are an artist, you may want to offer graphic design services to area businesses. A lot of local businesses will hire independent designers instead of companies because of the personal service and flexibility. That?s one place where you have a great advantage over larger companies.
TIP! If you plan to establish a home business, you should seek the support of family and friends. Running a business from home can be difficult and stressful, because it requires a large time commitment.
Try not to work straight through the day, as your body and mind needs some rest. For instance, don?t do house chores or make personal calls. Rejuvenate yourself with regular breaks and physical exercise.
Getting the word out about your business is something that?s easy to do if you learn all you can about doing so. A great idea is to create a site online for your business. It won?t take more than a day to get in place. Most of the time, this can be done for free. This fee can be worth it if the profits are pouring in.
TIP! Pick out a room in your home to designate as your office. Pick a roomy area of you home that has enough space to keep things well organized.
Establish a difference between work and personal time by creating a set schedule of work hours. Determine when business hours will end. Try not to work or accept calls after hours. Take the time to enjoy yourself with your family and friends.
Begin a business that you know will profit. Market saturation and customer base are important to keep in mind. The more competitors a business has, the harder it is to earn a profit. Conduct a financial analysis prior to starting.
TIP! Make sure that your home business has an objective or mission statement. This should be a brief and concise description of the operations of your company.
If at all possible, you should start a home based business while you still have employment. Chances are that your new business will not bring in a profit for quite a while, and it is best to have regular income from your current job during that time. Keeping your job will ensure that you have enough money to cover your bills and take care of sudden expenses as they occur. You can continue to build your company in your spare time.
Consider it part of your job to use every opportunity to promote or advertise your business. You should bring up your home business during relevant chats with others. Be certain to always have business cards on hand.
TIP! Is your home business related to selling books that are used? Many sites allow you to sell books online. You may choose to use two or more of them.
Endeavor to be your best while working from your home office. You can get a lot of pleasure from running a home business enterprise, but you should not put it before yourself or your self-esteem can suffer. Shower and get dressed every morning and take the time to get a workout in. You can use these tips so you and others will have a better view of you.
Set up a dedicated telephone line that is just for business. You can write off calls from this line at tax time. You can also receive a tax deduction on your regular phone bill, but not for the whole thing.
TIP! Locate your customers and find ways to reach them. Traffic and customers can certainly be found online, but many customers are also found by meeting them at real-world events, shows and gatherings.
Before you start selling anything, you should make sure to find out what the price range for it is in the current market. Look at the prices of competitors and attempt to offer more competitive pricing. While looking at competition, always maintain civility. You do not want to tarnish your own reputation by speaking ill of others. You can simply point out why you provide superior options instead.
Add an option to sign up for a mailing list by giving an email address. You should place the link on each of your pages, so that if a visitor misses it the first time, they will have another chance to enter their information.
TIP! As you decide on a home business, think of a job that you would love doing with or without pay. Picking a home business you actually enjoy will show potential customers how enthusiastic you are.
Remember to let potential customers know why they need to buy from your company! When you are marketing your product or service, it is easy to spend too much time explaining ?what? you do, and ?how? you do it, forgetting about the customer. However, you need to explain ?why? it is beneficial to a potential customer. Ask ?why? this person needs your business? That is the strongest communication you can offer that will help you close a sale. Be certain to put this answer in every part of your website.
TIP! Build your own vision board, complete with picture cutouts, that remind you of the goals you are striving for. Add pictures of items you desire.
Consider what you hope to achieve with your business, and write a comprehensive business plan. You can change this or disregard it at any time. A good business plan guides your direction and provides you with goals that you are hoping to accomplish. You should occasionally review your business plan and update it if necessary.
Make sure customers know where they can purchase your products. Create a secure ordering process, or give a detailed list of the locations where your products can be found. This builds your reputation in the eyes of the customer, and also helps to drive sales.
TIP! It?s fine to get ideas by looking at your competitiors? websites. However, be careful not to copy any of their content onto your site.
Always look ahead and be prepared. Celebrating your previous successes is good, but remember that they?re over. It?s much more important to focus on the future and how you should prepare for it. This will keep you prepared for the upcoming opportunities, as well as future obstacles. In this manner, you will not be surprised.
By scanning your receipts and expenditures and saving them to your jump drive, you will eliminate the need to hold onto boxes of files. Compare different products, and choose a quality one you can use for many years.
TIP! Try getting equipment that?s new. A lot of people that have a home business don?t know that they can write off whatever equipment they get.
To really make huge profits when running a online business, you need to take what are known as ?prudent risks.? Taking risks and trying new ideas can attract a new customer base, and lead to higher profits., Sometimes, you can do better by deviating from your routine and trying new things.
As the sole proprietor of your business, you should be the only person who is empowered to make major financial decisions. Spouses or family members may desire to assist with the business; however, purchases for businesses must be closely monitored to ensure the ability to be used as a tax write off.
TIP! Take some time to find out what other people have been saying about your company, the products that you offer, and your website. Do some research to find out what others have to say.
As you learn more, you will find that promoting your business isn?t as hard as you once thought. Having a well-designed website is vital for just about any business, so think about setting one up. You can set your own website up in a day or so. Sometimes you register a domain for free. If you can?t get a free domain, the cost of registration is very small. This fee can be worth it if the profits are pouring in.
Your domain name is important in order to get recognized. Choose one that will stay in the mind of your potential clients. It will be easier for customers to find your website again if they remember your domain name.
TIP! Aim to get up in the morning every day at a specific time, and ready yourself as if you were going in to a real office. When you look professional and work in a professional setting, it will help you to treat your business in a professional manner.
Find a space in your house that you can call your own work space. Always make sure that you arrange your house in a way that is organized and provides you with enough space for the materials you need. You will become more focused by doing so. Organization is one of the most important aspects of a home business.
While home businesses can be difficult work, this is not the truth in all cases. Making money in your sleep is the absolute goal everyone should reach for. If there is a main income, this could be the income you use to pay for luxuries. Consider how you can create work that makes you money so you can vacation and still make a profit!
The internet can help you advertise your business to all sorts of markets that would otherwise be unavailable to you. You can design your own website, or hire a webmaster to build a site that is easy for customers to navigate. Your content should be useful, and there should also be a section to order products online, as well as a feedback form. Before beginning, you should research what is involved in creating a website, such as how to utilize search engine optimization (SEO) practices.
Use multiple contact methods including snail mail, telephone and email. You can measure conversion rates by tracking the percentage of individuals who made a purchase after contacting you for information. Your personalized responses may be the reason customers bought something. Figure out what was successful and repeat that.
When starting a home based business, be sure to pick a job that is suitable to your particular tastes. Your skill and enthusiasm for your business will give your clients confidence and get you more business. This helps quite a bit if you?re trying to get more customers.
Websites are key to operating your own online business. It is important that your website have a strong presence. It?s important to have a website that is organized and relevant to your business.
Given the great information above, you should be ready to start the process of building a home based business. Remember that the material in this piece only works if it is applied. Use this advice and you will soon succeed in your home business enterprise.
Source: http://theboardmagazine.com/2013/07/valuable-suggestions-for-success-in-home-based-business/
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At Startup Festival in Montreal this week, today saw a Lean Workshop hosted in part by Lean Entrepreneur authors Brant Cooper and Patrick Vlaskovits. The two entrepreneurs and authors spent the morning articulating what makes for a lean entrepreneur or startup, and how lean tactics can apply to companies big and small. The talk was exhaustive, but a couple highlights stood out around what's meant when people talk about minimum viable products in lean startups, and how to get from there to something that creates the kind of passion that turns consumers into advocates.Source: http://feedproxy.google.com/~r/Techcrunch/~3/yC4BOG6ZvNc/
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Reuters reports that a judge just ruled that Apple conspired to raise the retail prices of e-books and said a trial for damages will soon follow:
The decision by U.S. District Judge Denise Cote[pictured, right] in Manhattan is a victory for the U.S. government and various states, which the judge said are entitled to injunctive relief.?The publishers have already settled with the federal government on e-book pricing.?Cote ruled after a non-jury trial that ended on June 20.
Apple warned that a guilty verdict in its e-book price-fixing case could have a negative impact on how digital media deals are negotiated in the US and Apple CEO Tim Cook even called the suite ?bizarre?:
The e-book case to me is bizarre.?We?ve done nothing wrong there, and so we?re taking a very principled position. ? We?re not going to sign something that says we did something we didn?t do. ? So we?re going to fight.
The DOJ had agued that Apple had conspired to raise prices with all of the publishers and hurt rival Amazon.
It was alleged that Jobs wrote to five major publishers -?HarperCollins, Penguin, Simon & Schuster, and Macmillan ? and invited them to switch to the new model, and the DOJ seems to have had some pretty compelling evidence of this, including an email from Steve Jobs to?James Murdoch, a senior exec at the parent company of HarperCollins:
Throw in with Apple and see if we can all make a go of this to create a real mainstream e-books market at $12.99 and $14.99.
Jobs appeared to confirm the story in a comment to his?biographer?Walter Isaacson, saying that he told the publishers:
We?ll go to the agency model, where you set the price, and we get our 30 percent, and yes, the customer pays a little more, but that?s what you want anyway.
US District Judge Denise Coote even took the unusual step of?announcing?that she believed that the DOJ would be able to prove its case.
Yet Apple seemed confident it can win a case which it describes as based solely on hearsay.
?We strongly disagree with the court?s preliminary statements about the case,? Orin Snyder, Apple?s lead lawyer in the case, said yesterday in an e-mailed statement. ?The court made clear that this was not a final ruling and that the evidence at trial will determine the verdict. This is what a trial is for.?
So it goes.
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Source: http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/YiqG5do6GYk/
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NEW YORK (AP) ? When Kitty Wo's eldest daughter started at Scripps College in California in 2002, "we thought a liberal arts education would be a wonderful thing," she said. "There was no pressure."
Her two younger daughters graduated from Scripps in 2008 and 2012, and "with each successive child, we've thought more about their career path and what field of study would be best," said Wo, who lives in Honolulu. "Each girl's experience led the next one to being a lot more proactive," with internships and other job-related experiences.
Wo's middle daughter, an economics major, even worried that her younger sister's media studies major wasn't practical. "Her sister was thinking, "Oh my God, you're watching movies?'" Wo recalled with a laugh.
All of Wo's daughters landed jobs, but their shift in attitudes tells a bigger story. While some top-tier schools can still attract students by promising self-discovery and intellectual pursuits, many colleges have changed their emphasis in the years since the recession hit. Instead of "Follow your passion," the mantra has become more like, "We'll help you get a job."
Schools have revamped career centers, expanded internship programs and pushed alumni to serve as mentors. The changes are not only in response to a tough job market, but because parents are demanding that graduates be prepared for the workplace.
"Parents and students' questions and concerns have changed just as much as society has changed," said John Fraire, vice president for student affairs and enrollment at Washington State University in Pullman, Wash. "Questions about job security, income, graduation rates ? it's to be expected."
When Stephanie Albano worked as a student tour guide at Lehigh University in Bethlehem, Pa., she was equipped with a fact sheet on job placement rates, average salaries for graduates and other statistics. High school kids on the tours didn't ask about jobs, said Albano, who's now in law school, "but parents always did. It was the first question out there from parents. They want to make sure their kids are not going to end up moving back into their basements."
Between 1966 and 2010, bachelor's degrees in the humanities halved, from 14 percent of all degrees awarded to 7 percent, according to the American Academy of Arts & Sciences.
Sally Rubenstone, who writes CollegeConfidential.com's "Ask the Dean" column, says "there is certainly concern, particularly at the liberal arts schools where they're worried that they're not going to be perceived as pragmatic in a competitive job market."
But a few colleges have benefited from the shift in values. "Colleges like Northeastern and Drexel are really coming up in the world because they offer co-op programs," where students spend several semesters in full-time jobs related to their studies, usually with pay, Rubenstone noted.
In the last six years, Northeastern University's ranking on U.S. News & World Report's college survey has soared from 98 to 56. And even though Northeastern's tuition now tops $40,000 a year, applications have increased more than 40 percent since 2009, while SAT scores of incoming students have steadily risen.
Spokeswoman Renata Nyul says Northeastern's co-op program is a "huge reason" for its popularity. "Our mission is to provide a real-world experience and an education that's rooted in the integration of rigorous classroom learning and real-world professional experience," she said. "That's been the ethos of this place for a long time, but lately is seems to really resonate."
Co-ops can also pave the way for permanent employment, Nyul says: "Ninety percent of our graduates are employed full-time and 87 percent are doing something related to what they majored in."
While Northeastern's co-op model is a century old, many other schools proudly point to career prep programs they've created since the recession began at the end of 2007.
?Franklin & Marshall College in Lancaster, Pa., "totally revamped" its career services this past year, according to Beth Throne, who heads the school's new Office of Student and Post-Graduate Development, with life skills workshops on public speaking, social media, etiquette and even the art of the business meal; job-search boot camp for seniors and recent grads; and more on-campus recruiting. The school also created a database of alumni and willing parents in various fields, and students are aggressively matched to opportunities, resulting "in increased rates of employment."
?At Washington College in Chestertown, Md., a "first-year career awareness" program opened for freshmen in 2009; a new externship program was launched this year; and a Wall Street program began in 2011 to connect students with alumni and others working in financial services.
?At Otterbein University, in Westerville, Ohio, "5 Cardinal Experiences" was launched three years ago to connect students with internships, research and other opportunities. This fall, a job shadow program will match students with local alumni.
?At Davidson College in Davidson, N.C., the Davidson Internship Challenge began three years ago, asking alumni to help students find and secure internships; it surpassed its goal of 100 internships in its first year by 17.
?McDaniel College in Westminster, Md., started its Center for Experience and Opportunity in 2012 to "help prepare students for life after college," according to spokeswoman Cheryl Knauer, by helping them find internships, volunteering and service projects.
?York College of Pennsylvania in 2009 opened the Center for Professional Excellence, where, according to a video shown on tours, students can learn everything from social skills to public speaking.
Many colleges also now offer funding for unpaid internships so that students of limited means can afford to take them. And career-building is now a topic in freshmen seminars.
"Gone are the days when a second-semester senior can come into a career center for career assistance and expect to find a job immediately," said Kathy Williams, director of Gettysburg College's Center for Career Development in Gettsyburg, Pa., which encourages students to take externships and do job shadowing in freshman and sophomore year.
Even schools that train students for specialized industries are stepping up their game. Haemoon Oh, who joined the Hospitality and Tourism Management department at the University of Massachusetts-Amherst in 2008, used its alumni network to create a program in which students could meet industry leaders. When hotel CEOs in New York and Boston were reluctant to travel to the campus in western Massachusetts, Oh told them, "I'll bring my students to you if you sponsor the trip.' The concept was embraced by their corporate headquarters."
But Oh's goals were broader than just connecting students to potential employers. "If our kids can have an opportunity to interact with a chairman or CEO or industry icon in an informal setting, and ask whatever they want, that's a worthwhile experience," he said. "I wanted to inspire students and give them hope and ambition, especially in a time of recession."
He also began a mentoring program, handpicking students to match with alumni in senior positions.
"I asked them to coach the students over the phone or by email, but many have taken it further," he said, offering job shadowing and sometimes jobs. The number of employers taking part in the program's career fair has more than doubled, and many seniors are getting multiple job offers.
Andrew Speno of Edmond, Okla., who's looking at colleges with his teenage son, says the expanded emphasis on jobs is "a practicality. I was a political science major in college, my wife has a piano performance degree. We had absolutely no practical workplace skills when we graduated. And we struggled."
He added: "Education for education's sake is a luxury that middle-class families like us don't have any more."
But Louise Duncan of Brunswick, Maine, would have preferred less talk about careers on the college tours she took with her daughter.
"At some schools it was so flagrant and persistent that a few times I had to hold myself back from giving the poor little tour guides a drubbing," she said. "I wanted to ask them to talk about the fascinating courses they took or the inspiring professors, or yell that I think the whole point of education is to learn interesting things."
She added: "I get why they're trying to sell it differently since liberal arts education has been attacked as poor value, but I don't think that college for most kids is supposed to be vocational training."
Source: http://news.yahoo.com/many-colleges-offering-more-help-career-prep-172711800.html
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Update: Clearwire has just released an official statement as well regarding its agreement to be purchased by Sprint, indicating that the minority shareholders of the company "overwhelmingly approve" the transaction. 82-percent of the shares not affiliated with Sprint or SoftBank cast their votes in favor of the transaction, finalizing a deal that will have Sprint buy all shares of Clearwire it does not already own for $5.00 per share.
Original: Following regulatory approval of the merger by the FCC, SoftBank has released a statement today indicating that its strategic investment of $21.6 billion (JPY 1.8 trillion) in Sprint is expected to close on July 10th, 2013. While this isn't a complete confirmation, SoftBank feels it is confident enough in the timeframe to release an official statement. The deal will mark a huge investment, giving the Japanese carrier a 78-percent stake in Sprint and hopefully bringing new life into the nation's third-place challenger.
We can expect Sprint and SoftBank to quickly put the money to work on furthering its LTE rollout, as well as its overall network improvements. Together with new spectrum from the shutdown of its iDEN network and finally securing Clearwire's assets, Sprint certainly has a lot going for it.
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Source: http://feedproxy.google.com/~r/androidcentral/~3/jDS1IfSt8KA/story01.htm
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3 hours ago
GlobeNewswire / AP
Zynga's new CEO Don Mattrick, right, with Zynga's founding CEO Mark Pincus. Mattrick currently heads Microsoft's Xbox business.
Executive Don Mattrick, who unveiled the Xbox One in May, is leaving Microsoft to head Zynga, the struggling online social gaming company best known for FarmVille.
Mark Pincus, Zynga?s founding chief executive, announced in an effusive memo to employees Monday that Mattrick, 49, would replace him. Pincus, 47, controls a 61 percent voting stake in the gaming company, so the decision to hire Mattrick would have been his.
"If you?re not familiar with Don, he?s an entertainment and game industry innovator who?s been making products and scaling teams and businesses for the last 30 years," Pincus wrote in a memo posted to AllThingsD. "Don?s had major leadership roles at Microsoft, Electronic Arts and Distinctive Software, which he founded when he was 17 years old."
Zynga's business model, which relied heavily on selling virtual goods to gamers on Facebook, began to disintegrate a year ago as users tired of Facebook games. Pincus has been unable to turn around the company named after his pet bulldog, Zinga.
The company's shares have hovered at just 25 percent of its $10 price at the company's initial offering price in December 2011. Zynga shares closed up around 10.4 percent at $3.07 on the Nasdaq.
Mattrick joined Microsoft in 2007 after spending years at Electronic Arts. He helped turn the Xbox business into a profitable venture after years of losses, eventually propelling it into the No.1 selling console in the United States.
Mattrick's departure comes just as Microsoft gears up to launch the Xbox One, the third version of its console. Scheduled to hit stores later this year, the machine has already stirred up controversy.
Gamers attacked the high price tag, Microsoft's plan to require an Internet connection at least once a day and moves to limit sharing of used games. Last month, Microsoft reversed its position on the Internet connection and said it would allow game sharing.
Mattrick is joining a game maker that publishes social media-based titles and low production-value smartphone games -- a departure from the world of big-budget, traditional packaged games embodied by the Xbox.
Mattrick had been rumored to depart for months. After EA's CEO stepped down in March, industry sources have speculated that he was in the running to lead the top games publisher, where he previously held numerous leadership roles.
Reporting by Reuters'Malathi Nayak, Gerry Shih and Alexei Oreskovic in San Francisco and Bill Rigby in Seattle.
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While the non-final build of Opera's new browser for PC and Mac was simply called "Next," today it's chosen the more formal title of Opera 15 for its official release. There aren't any features of note that we hadn't seen in the desktop preview of the WebKit-based software (or should we call it Blink-based?), but to jog your memory, it sports a fresh design, a Discover feature for catching up on the latest news, and a tweaked Speed Dial menu for quick access to your favorite corners of the internet. Also, the web-clipping Stash feature, predictive address-come-search bar, new download manager and "Off-Road mode" for extra compression on lousy connections are all included in the final version. We ran a quick SunSpider benchmark on the Mac build of Opera 15, in which it scored 167ms, compared with 171ms in Chrome. If you're not already allied to one of the many competing browsers and feel like giving Opera 15 a try, head to the source below for the download links.
Filed under: Desktops, Laptops, Internet, Software
Via: SlashGear
Source: Opera (1) (download), (2)
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Janet Murnaghan speaks during a news conference outside Children's Hospital of Philadelphia, Friday, June 28, 2013, in Philadelphia. Murnaghan's 10-year-old daughter Sarah recently underwent a double-lung transplant amid a national debate over the organ allocation process has undergone a second transplant after the first failed and is now taking some breaths on her own, the girl's parents said Friday. (AP Photo/Matt Slocum)
Janet Murnaghan speaks during a news conference outside Children's Hospital of Philadelphia, Friday, June 28, 2013, in Philadelphia. Murnaghan's 10-year-old daughter Sarah recently underwent a double-lung transplant amid a national debate over the organ allocation process has undergone a second transplant after the first failed and is now taking some breaths on her own, the girl's parents said Friday. (AP Photo/Matt Slocum)
PHILADELPHIA (AP) ? A 10-year-old girl who got adult lungs after her parents sued to change national transplant rules is set for more surgery to repair her diaphragm.
Sarah Murnaghan (MUR'-nuh-han) is scheduled to have the latest procedure at Children's Hospital of Philadelphia at 10 a.m. Tuesday. That's according to a post on the Facebook page of her mother, Janet Murnaghan.
The family revealed Friday the girl had to receive a second set of lungs after the first failed within hours of the original June 12 transplant. Her mother says the second transplant was a success and the girl was able to take a few breaths on her own.
Her mother says Sarah had to be put back on a ventilator because of partial paralysis of her diaphragm, a complication from the surgery.
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By Huw Jones and Christina Fincher
LONDON (Reuters) - Bank of England policymakers said on Tuesday they would press ahead quickly with a new curb on banks' risk exposure based on their leverage, despite industry lobbying against the plan.
Paul Tucker, the central bank's deputy governor for financial stability, told British lawmakers that the new rule should be introduced now.
Some bankers have complained that demands they build up capital levels runs counter to calls from the government and the Bank of England that they lend more in order to boost the country's slow economic recovery.
Andrew Bailey, another BoE deputy governor who is in charge of prudential regulation, also said he wanted the rule in place as soon as possible and that BoE staff were looking at plans submitted by banks for how they could implement it.
"We have made clear that we will go through these with the public, with the institutions during the course of this month. And we will publish. We will make clear what the outcome of that is," Bailey told parliament's Treasury Committee.
Britain's Prudential Regulation Authority (PRA), which Bailey heads, said on June 20 that it would set a leverage ratio of 3 percent for UK banks, which would limit the amount they can lend relative to their capital.
The leverage ratio measures capital against total loans and some bankers argue the new plan would penalize low-risk, high-volume businesses like trade finance and mortgage lending.
The PRA has said that Barclays
Some bankers have said they were surprised by the decision to push for the new requirement now, nearly five years ahead of an internationally agreed deadline.
Barclays warned on Friday it may have to cut lending if it is forced to act quickly to meet the new financial target.
Mervyn King, a few days before he stepped down as governor of the Bank of England, last week accused British banks of lobbying senior politicians to undermine the push for more regulation.
Tucker said on Tuesday that lobbying by banks was "unacceptable."
Bailey, also asked by lawmakers about King's comments, said he had been reassured by the government that it considered the PRA to be independent as a bank supervisor.
"We are certainly aware that there are conversations that happened between the banks and officials and ministers," he said. "The thing that concerns me is that we are trying to build, frankly, a transparent process that has accountability in it."
Bailey said there had been "slippage" in the progress of British banks building up their capital buffers.
(Additional reporting by Li-mei Hoang and Adam Jourdan; writing by William Schomberg; Editing by Susan Fenton)
Source: http://news.yahoo.com/bank-england-policymakers-press-bank-leverage-rule-110535977.html
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