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The first years as a business owner can be a struggle, particularly in the area of finance and cash flow. By gaining knowledge and mastery in the following five areas, you will position yourself to not only survive, but thrive as an entrepreneur.

Money Sense For The Home-Based Business Owner

Money Sense For The Home-Based Business OwnerLike many aspiring entrepreneurs, you may have decided to break free of your job to live your dream of working from home. You're ready to seize the opportunity for freedom, unlimited earning potential and chance to live your life exactly the way you want.One of the biggest challenges you will face during the first two years will revolve around cash flow and money management. In order to give yourself the best chance possible of surviving the first two years so you can thrive from that point on, it's imperative that you achieve mastery in five areas:1.Gain control over your spending today2.Create a personal and business budget 3.Increase your financial IQ4.Explore sources of capital5.Think like a successful business ownerFirst things first. Gain control over your spending today - Honestly evaluate your spending habits and identify where your money is going. Are you living beyond your means and buying things you don't really need? In The Millionaire Next Door, by Thomas J. Stanley and William D. Danko, a focus group interview of ten first generation millionaires revealed that most millionaires don't own expensive clothes, watches or other status objects, and you won't find them driving brand new luxury cars.A millionaire Texan coined the expression, "Big Hat No Cattle" to illustrate the fact that many people like to create the illusion of wealth by making extravagant purchases yet have little to no financial wealth. Many of these people are deep in debt and if they were to lose their jobs today, wouldn't be able to survive three months on their savings.Take control over unnecessary spending. Do you NEED 50 pairs of shoes and a matching purse for each? Do you NEED a new vehicle every three years? Before making a purchase, ask yourself if it will contribute to your building a successful business or take you further away from it.Create a budget Do you know how much money you're bringing in each month and how much is going out? Budgeting doesn't have to be unpleasant or difficult and if you don't know where to begin, there are a multitude of helpful resources and articles on the Internet to get you started at no cost. Successful business owners understand the importance of a budget and follow it faithfully.If you have no interest or willingness to learn how to budget your money, business ownership is not for you. Increase your financial IQ You don't have to become a financial genius or investment guru, but you do need to have the basic skills. You can access a helpful questionnaire at http://www.urbanext.uiuc.edu/ww1/pdfs/01financialiq.pdf to help you measure your financial intelligence and identify areas requiring attention. Also, get your hands on the book Rich Dad Poor Dad by Robert Kyosaki. Explore Sources of Capital The first year may require significant investment in equipment, education and marketing and there's no guarantee your business will start making money right away.Unless you have significant savings put aside for the start-up period, you will need to explore alternate sources of capital. Explore financing options through government programs, start-up loans, angel investors, partnerships, friends and family, and although I don't recommend this one unless you are proven financially responsible, credit cards.Depending on your product or service, perhaps pre-selling to your clients and customers would be feasible. Suppliers might also provide the start-up money you need.If you borrow money, even if from family or friends, always get agreements in writing and make sure the loans are set up with proper security, terms and conditions and a payment schedule.Think and act like a business owner When you transition from employee to entrepreneur, you will require a shift in your thinking. You will quickly discover that trying to get everything for free or at a "deal" will actually hinder your success.In the business world, you will be required to develop win-win relationships. If you require something of someone, how will you help him in return? Practice the Law of Reciprocity which means, learn to give and take mutually. In other words, when someone gives you something, give something of equal value back.Master these five areas and you will significantly increase your ability to succeed.As you make financial decisions and begin to build your business ask yourself, "Is this the best use of my money in terms of supporting my business?" This evaluation process will become second nature through practice and will support you in making smart financial decisions. 2006 Laurie Hayes - The HBB Source

Tax Deductions For Home Based Businesses

Tax Deductions For Home Based Businesses

A big advantage of working from home is the tax benefits of operating a home based business. Working from home allows you to deduct portions of bills that you are already paying to live there.You can deduct home expenses if you actually work in your home. It is easiest to do this if you have a room set aside for your business. Figure out how bit that room is in proportion to the house, and you can deduct expenses using that percentage.For example, if your place of doing business takes up 5% of your house, you can deduct 5% of your heating expenses for the days you work. (In other words, if you don't work weekends, you can't deduct for weekends.) YOu can deduct items such as mortgage interest (though not your mortgage itself), electricity, telephone, insurance, and expenses for maintenance and repair. In general, you can deduct the portion of expenses that directly relates to your business.You can deduct costs for your internet service provider in proportion to the amount you use it on business, too. If it's used completely for business you can deduct it all, but be certain before you do this that you are not using it for other reasons.The nature of your "home based business" is not critically important. What is most important is for you to review the related IRS regulations and make sure that your business and the manner in which you intend to operate it will qualify as a home based business.The tax benefits of operating a home based business enable you to deduct things you would otherwise be paying in full. If you are considering a business from home, it's a good way to lower your costs. This is just one more advantage of working from home.Warm regards,Kenny Anderson

Add Shower Curtains to Your Bath Decor for Lasting Beauty

Add Shower Curtains to Your Bath Decor for Lasting Beauty

Shower curtains are probably the most visible part of your bathroom decor. They can be seen from every corner of the room and are also usually the largest hanging item. They line your tub, protect your floor from splashed water, and give you a sense of privacy while bathing. So it makes sense to choose your shower curtains wisely. Use the guide below to find just the right "shower curtains" for your bathroom.Choose by Style, Colors, and PatternsShower curtains can match your decor in several ways. Your bathroom may follow a certain theme such as dolphins, fish, birds, flowers, and even more dramatic effects such as giraffes or tigers! The shower curtains can match your bathroom's theme. For added beauty, choose a shower curtain liner that's a solid color. This will bring out the themed curtain even more.If your bathroom is decorated in colors rather than a certain theme, choose shower curtains that match or complement those colors. Some color combinations to consider are light (or mint green) and white, burgundy and beige variations or cinnamon colors, red and white or red and black, blue with light mauve, yellow with pastels, or dark green with a mix of floral patterns including burgundy, green, blue, and yellow flowers.If you have a window curtain in your bathroom, you can also match your shower curtain to your window curtain. This causes all other colors and patterns to fall into place.Consider PracticalityIf decorating a children's bathroom, consider a simple vinyl or plastic curtain that offers a fun and playful theme. For a formal bathroom, choose cotton, silk, or linen with a PVC vinyl or fabric liner. Choose a shower curtain that's durable and can easily be cleaned. Check for good stitching and grommets (reinforcements for the ring holes) that are rustproof.To simplify things, you can now choose shower curtain liners that are very easy to remove for cleaning. There are zip-off shower curtain liners that zip on and off just below the rings for cleaning and can be washed in the washing machine. These easy-to-remove shower curtain liners save you time if you're always in a hurry when cleaning.Shower Curtain Rods and RingsBe sure to choose shower curtain rods and rings that enhance your decor, especially in a formal bathroom. Detailed shower curtain rings will stand out to your guests and add beauty to your curtains and tub. The rod should be made of materials that will not rust or peel. Both the rod and rings should be strong enough to hold your shower curtains.To increase the "space" in your bathtub, use curved rods that come out and around from the tub. These are lovely and give you plenty of elbowroom!Once you decide on colors and styles for your bathroom, you're ready to shop for shower curtains. You can compare styles and even buy shower curtains online from your own personal computer. There are many colors and styles as well as easy-to-remove shower curtain liners that make decorating and cleaning a breeze. Give your bath decor the look and feel you want today!

Process Rebates

Process Rebates

The most popular Work At Home program on the Internet is by far processing rebates from home. How do I know this? I own a popular work at home directory and this niche in the market place has blown away all the competitors. What's even more noticeable is that it does not appear to have taken away from other work from home opportunities like Data Entry, Type At Home, Paid Surveys or any of the other popular programs.It appears to have brought along with it a whole new group of people to this exciting opportunity. It appears to me that it falls well within the comfort zone of most people. Many times people are skeptical of the programs or feel unsure is they have the necessary skill sets to do the task required. We have seen this program go to the number one "work at home" opportunity since we added it to our site last year.I have written in many of my articles that you need a program that meets your income expectations, skill sets and comfort level. Now how do you get stated? Well one thing is for sure you don't want to simply join any program on the web, because there are many scam artist that are more than willing to take your money.I would recommend doing your research in the rebate processor field, narrow down the choices and join the program that has a proven track step-be-step guidance, record for timely payments, customer support and that meets the aforementioned goals.You will have multiple choices in this arena to choose from. I recommend either using a website like mine, but not necessarily mine, that has done some research or be prepared to spend the hours doing so yourself. It is very important that the research is done.You may be asking what will this type of program cost? You can join a program currently for less than it cost to go out to dinner one evening. If you own a computer, printer and have access to the Internet you more than likely have everything required to process rebates from home.You can find "rebate processor" programs that require no prior experience, which means anyone has a chance at creating income from home utilizing this type of program. That's one of the great aspects of the Internet; it levels the playing field so everyone has a chance at success.Some of the benefits of processing rebates from homes I noticed when doing my research in this niche of the market place are as follows: * No web site required. * No products or inventory. * You do not have to deal with customers. * You do not have to talk to customers on the phone. * You can work flexible hours. * You can earn money for each rebate processed.This is just a few of the many benefits offered by rebate processor programs I found when reviewing this type of opportunity. It should give you a good feel for what to look for when doing your research. Please feel free to read both this article or one of my many others by visiting my link in the resource box below. I always enjoy getting emails pertaining to my articles or my site. Your feedback is important to me.So what should you do next? Take your time, do your research, find the program that fits your profile, join and give yourself a chance.

Tips on Exploring a Good Home Based Business Opportunity

Owning a franchise is clearly one of the most popular ways to start a business. Approximately one in every 12 retail establishments is a franchised business. Franchising companies and their franchisees account for one trillion in annual U.S. retail sales. Whether you're thinking about purchasing a franchise for the first time or you're an experienced businessperson, your options to become involved in a winning franchise company are limitless. There are hundreds of franchises to explore, but selecting one that matches your individual qualities is not an easy undertaking. Taking the proper steps to research the internet business opportunity of interest will lead you to find a small business opportunity that matches your lifestyle and personality. Owning a franchise is not only about having your own business to get rich. To be successful in franchising you have to love the business you're in. One of the best ways to accomplish finding the right business income opportunity for you is to look for opportunities that match your own personality and lifestyle. If you gathered information about the franchise you're interested in it is almost likely that you are on the right track. Equipped with the right knowledge about a franchise operation you will be able make an intelligent decisions about whether or not to proceed with this investment and consequently this will lead to a happy and lasting relationship with your franchisor. Your search for a franchise can get very demanding when you take into account all of the material that you learn in a short time. Bear in mind the key points throughout the rest of this page to assist in your search for a small business opportunity to match your lifestyle. It's always reasonably helpful to think about your future goals when assessing a "business income opportunity" . Knowing exactly where you want your business opportunity to take you will give you a clear perspective that will help in choosing a business that's right for your lifestyle. Maybe you desire financial independence. Maybe you don't like the idea of answering to others. Altogether, projecting your future goals can be very effective in selecting the best business for sale. The skills you have are equally important in finding the right business for sale as any other ingredient. Having the right skills to match the franchise of choice is also critical if your business is to succeed. You should evaluate your skill set and settle on an opportunity best suited for those talents. Make a list of your most important skills, and use those skills as an aid to help you search for the right franchise opportunity. Based on your skills, you will be able to narrow down your search from all of the available franchises. If your personality and the franchise make a good match, go for it. Your personality is another important aspect that you should take into consideration when researching a "franchise opportunity" . As you go through your list of possible franchise to buy, you will notice that certain companies may appeal to you more than others. Always go with your instinct. Since every person is slightly different, not every business income opportunity is right for every person. There are hundreds of franchises for sale that can be run on a part-time basis. For entrepreneurs with time restrictions, seasonal franchises such as landscaping businesses are a great option to make a substantial income while working in the summertime. Search for a business for sale within your available budget and investment level. The initial franchise fee to participate in a franchise system varies greatly from one company to the next. The initial start-up fee can be as low as a few thousand dollars to over a hundred-thousand dollars. It depends mainly on the brand you're buying the rights to sell and quite a bit on the complexity of the training and support being offered by the franchisor. You'll be limited by the available options of franchises to purchase if you lack financial resources. It's very important to have a real life cash-flow plan when going into this business. Ideally, you want to have enough capital at your expense to cover the initial franchise fee and any business-related expenses that come up after the opening of your business. Would you enjoy working from the convenience of your own home? As soon as the Online Community turned up, day-to-day communication as we experience it became influenced. Many companies continue to change the way they conduct their business via the constructive power of the World Wide Web. Because of cyberspace, many entrepreneurs are able to run a home based business. But many entrepreneurs find it very difficult to start up a work at home business opportunity for the first time. A lot of independently-owned home-based businesses fail in their first year due to bad planning and not Owning a tight hold on expenditures. The beauty of franchising is that it is can provide a pre-tested formula for success. you're buying into a business income opportunity that's already proven in the marketplace. It also enables people without previous business experience-a major source of small business failures-to become their own boss. Before exploring various franchise opportunities, remember that hundreds of opportunities will allow you to begin a successful new business from your home or office. Running a home business is not for everyone. It is a choice you will have to make and it will become apparent whether a home business is right for you as you near the end of your research. Are you passionate about selling this product or service? Your trust and committal to the product that you sell are of the essence. Many first-time entrepreneurs will get involved with a franchise system they are not particularly enthusiastic about exclusively for the money. If you don't believe in the product you're selling, in the long haul, you will more likely than not be unhappy with your business. It has been proven time after time that the happiest franchises run their business with pride, are happy to sell their services and genuinely enjoy helping customers. Since the investment to buy the rights to sell a well-known product or service can be rather large, you must to make certain that every dollar of your money is being put to good use. Some franchise companies out there are going to let you know that they offer the best system in an attempt to get you to sign on the dotted line. Exercise caution when talking to less known franchisors. Inspect their franchise system in important areas that are meaningful to the success of the business, such as brand awareness. You can trust your common sense to check whether or not any big promises they make have any chance of holding up. Determining whether or not they run a legitimate and successful operation can be achieved by asking additional questions. In Franchising, a protected territory protects your business from infringement by other franchisees. That is, a territory gives the franchisee the assurance that a direct competitor won't take their business. It's a security policy awarded to ensure that you have enough prospects to keep your business going. If you are considering becoming a franchisee, make sure to check out this issue before deciding to become a member of the franchise network. Are you willing to risk investing in a business income opportunity that is not recognizable? An established franchise opportunity will almost always perform better than a new one. A franchise company has the ability to enter and dominate a market by means of brand awareness and customer loyalty. A great way to lower your risk when entering a market is to buy an established franchise business. Does the franchise have a recognizable brand name with high customer appeal? Sometimes common sense alone can tell you whether a franchise company is successful or just a passing trend. Becoming part of a franchise company that is lucrative, like McDonald's, will burn a hole in your pocket. Many franchise companies have a high level of brand awareness (where customers are very aware of this brand of product). Some franchises may not have the same level of brand awareness or they may not even be known, but may still offer a great income opportunity. Brand awareness is relatively important because more often than not, a customer who is unaware of a brand will not buy it, no matter how good it is. Does the franchisor have future growth plans? Something you want to find in a franchise system is some kind of future growth plans for the company. The market is always in a state of growth; therefore, a franchise company must also have growth strategies in place to avoid being dominated by competitors. If a franchise opportunity has future growth plans in place, this can also increase the value of your investment. The key to a successful internet business opportunity is having loyal customers. Obtaining your repeat customers is hard to sum up in one short sentence; however, a group of happy and loyal customers is an indication that a franchise company is performing extremely well in its market-something that should be taken into account when researching different Franchises. Training and support from the franchisor is of significant importance to the success and your understanding of the business. Training and support should be provided on a continuing basis by experienced management-this will see to it that you have the knowledge, skills and materials needed to be successful. Are the current franchisees pleased with their business? Talking to existing owners of this franchise can present you with some very important information about what running a franchise on a day-to-day basis is like. Franchisees say there's no better way to bring your research to a stopping point than by spending a short time in a franchise location to get a real-life sense of what owning the business will be like. Three weeks in a franchise location, as an employee, definitely will give you an edge in the selection process. After spending time on location, if something tells you that this franchise isn't right for your lifestyle, go with your instinct and continue your search for a better opportunity. Finding out about the franchisor's qualification requirements (are they easy or difficult?) Every potential franchisee ought to meet several conditions in order to qualify for a franchise. The franchisor will ask questions (do you have good people skills, management skills, etc...) to reveal whether or not you meet their requirements to become the owner of a franchise. The intensity of the qualification procedure is a test of the strength of the franchise system as a whole. Acceptance into a franchise network should not be an easy process. If you encounter a franchise such as this questions ought to be raised about the strength of the franchise system. You should have a good idea about what kind income you wish achieve from your business. Before you proceed with your research, ask yourself what income level you wish to achieve and you can rule out franchises that aren't capable of meeting your requirements. Knowing more or less the amount of money you want to make from a business opportunity will let you know whether or not to proceed with research on a particular company and can save you a lot of valuable time that would otherwise be lost researching the wrong franchise.

About The Deficiency Of Breast Milk

Deficiency of milk may exist even at a very early period after delivery, and yet be removed. This, however, is not to be accomplished by the means too frequently resorted to; for it is the custom with many, two or three weeks after their confinement, if the supply of nourishment for the infant is scanty, to partake largely of malt liquor for its increase. Sooner or later this will be found injurious to the constitution of the mother: but how, then, is this deficiency to be obviated? Let the nurse keep but in good health, and this point gained, the milk, both as to quantity and quality, will be as ample, nutritious, and good, as can be produced by the individual. I would recommend a plain, generous, and nutritious diet; not one description of food exclusively, but, as is natural, a wholesome, mixed, animal, and vegetable diet, with or without wine or malt liquor, according to former habit; and, occasionally, where malt liquor has never been previously taken, a pint of good sound ale may be taken daily with advantage, if it agree with the stomach. Regular exercise in the open air is of the greatest importance, as it has an extraordinary influence in promoting the secretion of healthy milk. Early after leaving the lying-in room, carriage exercise, where it can be obtained, is to be preferred, to be exchanged, in a week or so, for horse exercise, or the daily walk. The tepid, or cold salt-water shower bath, should be used every morning; but if it cannot be borne, sponging the body withsalt-water must be substituted. By adopting with perseverance the foregoing plan, a breast of milk will be obtained as ample in quantity, and good in quality, as the constitution of the parent can produce, as the following case proves: I attended a lady twenty-four years of age, a delicate, but healthy woman, in her first confinement. The labour was good. Every thing went on well for the first week, except that, although the breasts became enlarged, and promised a good supply of nourishment for the infant, at its close there was merely a little oozing from the nipple. During the next fortnight a slight, but very gradual increase in quantity took place, so that a dessert spoonful only was obtained about the middle of this period, and perhaps double this quantity at its expiration. In the mean time the child was necessarily fed upon an artificial diet, and as a consequence its bowels became deranged, and a severe diarrhoea followed. For three or four days it was a question whether the little one would live, for so greatly had it been reduced by the looseness of the bowels that it had not strength to grasp the nipple of its nurse; the milk, therefore, was obliged to be drawn, and the child fed with it from a spoon. After the lapse of a few days, however, it could obtain the breast-milk for itself; and, to make short of the case, during the same month, the mother and child returned home, the former having a very fair proportion of healthy milk in her bosom, and the child perfectly recovered and evidently thriving fast upon it. Where, however, there has been an early deficiency in the supply of nourishment, it will most frequently happen that, before the sixth or seventh month, the infant's demands will be greater than the mother can meet. The deficiency must be made up by artificial food, which must be of a kind generally employed before the sixth month, and given through the bottle.

Summary

The first years as a business owner can be a struggle, particularly in the area of finance and cash flow. By gaining knowledge and mastery in the following five areas, you will position yourself to not only survive, but thrive as an entrepreneur.