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DJM-HFL Blog: July 2007

Tuesday, July 31, 2007

H-F-L-Team:Outsourcing Your Work To Profit More

H-F-L-Team:Outsourcing Your Work To Profit More
Copyright © Douglas Miller Hundred-Fold-Life
http://www.ClixGo.com

One of the things that you might want to think about as your home business grows is the idea of outsourcing your work so that you can make more profit. This is a big step for a home business, because most of the home businesses start very small. You might begin by doing all of the work yourself, and this means that you have total control over every aspect of your business. However, because you are just one person, and because you can only do so much, no matter how good you get at your job, you are eventually going to hit a ceiling as far as how much money you can make on your own. When this happens, you have two choices. You can either be content with the amount of money you can make by yourself, or you can begin to outsource your work, and make even more profit.



How It Works



You might think that you are going to lose money by having others do it, because you will have to pay them. However, you have to look at what you can accomplish. If you yourself can produce 100 units of whatever you sell per week, that means that each person you hire can produce 100 units. Even if you have to pay each person that works for you a percentage of the 100 units that you sell because of them, you are getting money for them working for you, because of all of the extra orders that you can take. The best way to outsource is to find people who are just breaking into whatever field your business is located in, because they will be willing to work for less money than you do, because they are just starting out. How it works is that you hire them, and then you continue to take orders as you always have and expect that if you have hired 10 people you can now produce 1000 of whatever you are making instead of simply 100. You pay the people a percentage of what you make on the units, and you keep the rest as profits. This is the best way to build your profits up, and to build your business as well. Eventually you will have to replace some of your employees, because the longer that people work for you, the more experience they are going to get, and when it comes right down to it, eventually you will have to either pay them more, or find other workers who are just starting out and will work for less. However, the longer you do this, the more and more orders you are going to be able to get, and the more employees you can have. As long as you are good at organizing invoices and payment schedules, you can become the head of a huge corporation, and make even more money.


About the Author:Douglas Miller is a retired Fire Service Captain now making a living working at home. His company Hundred-Fold-Life is not just a name but also belief.
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To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
-----------------------------------------------------------------

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Monday, July 30, 2007

H-F-L-Team: Meeting With investors About Your Business Idea

H-F-L-Team:
Meeting With Investors About Your Business Idea

Copyright © Douglas Miller Hundred-Fold-Life
http://www.ClixGo.com

Raising money for your business can be very challenging especially if you are not the type of person who is comfortable marketing your business ideas. If you are one of those people who are not really very good at communicating you ideas verbally, it would be a good idea for you to spend a lot of time and efforts in preparing your business presentation to make sure that you have everything under control. When it comes to preparing your business presentation, you may need to the help of a business presentation expert just to make sure that you are able to get your points across clearly. Always remember that first impressions count when making business presentations so be sure to create a good impression in your potential investors.



When preparing your presentation for your meeting with the investors, make sure that you do not just present your business ideas, you should also them the potential profit that you can derive out of this business idea. Always remember that investors are very much concerned about profits so given them an idea of how you will mostly likely to earn and how it will take you to achieve this goal. Be realistic in your projections. Note that the investors will scrutinize these projections extensively and if they found out that you are bloating your projections, you will most likely lose their trust and their money.



Packaging Yourself



Investors are interested in you and your business. When the investors take a personal interest in you, it will be easier for you to convince then to finance your business venture. It is not uncommon for investors to invest in someones business simply because they know and trust that person. On the other hand, there have been cases where investors shy away from a good project simply because they do not like the person present who is making the business presentation. Since you as a person can make a big difference when it comes to convincing potential investors to pour in some money into your business, you make it a point to package yourself in such a way that the investors will like you and trust you. Now, do not attempt to gloss up your appearance. Investors will know it you are being phony so be honest about who you are and what you are.



Potential investors are not just interested in you; they are also interested in the members of your team. If you can bring some of the members of your team with you during your meeting, do so. A lot of investors are very concerned about how your team works so make sure that you demonstrate to them how you deal with the members of your team.


About the Author:Douglas Miller is a retired Fire Service Captain now making a living working at home. His company Hundred-Fold-Life is not just a name but also belief.
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
-----------------------------------------------------------------

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Thursday, July 26, 2007

H-F-L-Team: Learn How To Run Your Business From Expert Business People

H-F-L-Team: Learn How To Run Your Business From Expert Business People
Copyright © Douglas Miller Hundred-Fold-Life
http://www.ClixGo.com

One of the best things that you can do as you start a business, no matter what you are doing for your business, is to talk to people who are good at this, and people who already have successful businesses. This is a great way to learn about the business world, and to learn how you can fit into your own home business and be a success with the things that you have learned.



Find them



As you go to start your own business, one of the things that you should look for is people who are good at what they do. This might be an older friend or a relative, or someone who started a business a long time ago. No matter who it is, there are going to be valuable things that you can learn from them and you are going to be able to get a great idea about how your business should be run and the things that you can do to make your business even better as you go ahead and try to compete in the world today.



Ask Them



When you have found someone who you can get advice from when it comes to your own business, all that is left is for you to talk to them. Make a list of questions that you want to ask them, and then simply go to talk to them about the things that you want to talk about. This is something that you can do in one day, or even you can do over a longer time period. No matter what, you'll find that talking to someone who already has been through the things that you are going through is a great way to get some advice and to get some idea of what you should be doing with your life and what you should be doing with your business.



You might even end up finding a mentor who can take you under their wing and who can support you through your business and through your life. This is a great way to network and a great way to build up your skills when it comes to being a networking agent and being someone who is viable and important in the community as a whole. There are many things that you can do to make sure that this happens, and the more than you can do when you are talking to people, the better off you are going to be as you start your own business.



Remember, there are always going to be people who are willing to help you. All that you have to do is to go out and find them wherever you can, and take whatever advice that they have to offer you. You will simply find that this is the best way to be, and that you are going to be able to be very successful.


About the Author:Douglas Miller is a retired Fire Service Captain now making a living working at home. His company Hundred-Fold-Life is not just a name but a belief.
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
-----------------------------------------------------------------

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Wednesday, July 25, 2007

H-F-L-Team: Learn How To Take A Day Off When Running A Business

H-F-L-Team: Learn How To Take A Day Off When Running A Business
Copyright © Douglas Miller Hundred-Fold-Life
http://www.ClixGo.com

When you are running a business, the tendency that you are going to have to fight the most is the one that tells you to work all of the time. It is a funny paradox, because a lot of the time, a person goes into their own business so that they don't have to work so much, and so that they can set their own hours. This happens very often ñ however, when a person decides to have a home business, what happens next is that they come up with something that they love, and something that they are very passionate about. This, coupled with the fact that the business is now located in their home or very close to their home makes lots of people feel like they should work all of the time. There is a real tendency that you have to fight to work for 24 hours a day and to never take a day off.



Good To Be A hard Worker



First of all, be proud of yourself for wanting to work so hard. If you have found something that you love to do, and you are enjoying your job, that is a great thing for you and for your future. You should feel good about that fact that your job means a lot to you, and you should feel like you have accomplished something by allowing yourself to be happy in your job.



However, you have to remember that no matter how much you like your job, and no matter how happy you are with what you are doing for a living, you simply have to take a day off now and then and you have to give yourself vacations. You might not think that they are necessary if you love your job, but if you don't give yourself the proper amount of time off, you are going to find that you get burned out much more easily than you would normally do. No matter how much you enjoy what you do, if you don't take a break now and then, you won't be able to do it for very long.



The biggest thing that you have to deal with when you are taking days off from a home business is the guilt that goes along with knowing that every moment you are not in your home office, you are missing out on chances to make money and to make your business better. However, you have to remind yourself that part of the reason you are taking control of what you do is that you want to be able to have a flexible schedule. You have to work really hard at letting yourself take time off, and at being okay with that.

About the Author:Douglas Miller is a retired fire captain. He now makes his living working from home. His company Hundred-Fold-Life is not just a title but also a belief.
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
-----------------------------------------------------------------

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Monday, July 23, 2007

H-F-L-Team: Is It Possible To Run Your House & A Business?

H-F-L-Team: Is It Possible To Run Your House & A Business?
Copyright © Douglas Miller Hundred-Fold-Life
http://www.ClixGo.com


Many people wonder if a home business is for them, and the reason that a lot of people hesitate is because they aren't sure that they can run a home business, as well as running their home. Part of having a home business is that you should be able to be at home to take care of the things that you normally wouldn't be able to take care of, at the same time that you are making money off of your home business. However, there are several things that you should think about so that you can do both of these things at once. There are several keys that you can use which will make this process much easier, and if you do it right, you should easily be able to run your home business as well as your home, with very little hassle.



Keep It Real



The first thing that you have to be sure to do is to make time for your home business and to make time for your home as well. When you work from home it is very easy to simply work for days at a time, because since your business is at home it can be open 24 hours a day, especially if you are online. You might be tempted to take on other projects or orders or to do more so that you can make even more money. However, if you don't set limits for yourself, you'll find that you aren't able to run your home as well, at the same time.



In order to avoid this problem, the first thing that you have to be sure you are doing is that you are taking a good look at the hours you want to work. Just like a regular office your home business should have office hours and hours when you are not available. It is simply too easy to work all of the time, even if you need the money. But keeping hours and making sure that you keep them regularly is a good way to make sure that you will also have time to run your home, as well as your home business.



Own Office



The other thing that you have to remember is that you are going to want to be sure that you have your own office space for your home business that is different than your actual home. Even if you devote a corner of your kitchen or living room to your home business, there should be an area that is only fit for your business, which will make it much easier for you to keep the two things separated. If you can keep your home and your home business apart, you'll have a much better chance of doing them both well.




About the Author: Douglas Miller is a retired Fire Service Captain now making a living working at home. His company Hundred-Fold-Life is not just a name but a belief.
---------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Thursday, July 19, 2007

Make the Leap to Affiliate Marketing Success

Make the Leap to Affiliate Marketing Success
Copyright © Douglas Miller Hundred-Fold-Life
http://www.ClixGo.com

Make the Leap to Affiliate Marketing Success
Copyright © Stone Evans, The Home Biz Guy
http://tinyurl.com/2yqdgw

If you are going to become a successful affiliate on the
Internet, you need 3 "intangibles." These are things that
must come from WITHIN you.

===> Intangible 1 <===

First, you must have a strong WHY.

Why must you make affiliate marketing work? What is driving
you? What is it that you CAN'T have in your life anymore
and/or what is it that you absolutely MUST HAVE now?

For me, I couldn't stand working 12+ hours a day anymore
and missing the experience of my children growing up. I also
absolutely HAD TO HAVE the freedom of being able to control
my life and finances through a little box that I could carry
with me anywhere in the world and not be tied to anyone's
time pressures or demands but my own. That was my carrot and
my stick. I felt a great pain deep in my gut of missing out
on my children's lives and the incredible freedom that
succeeding in this business would provide for me. I found my
why. You MUST find yours.

===> Intangible 2 <===

You must BELIEVE that it is possible.

If you don't believe that it's POSSIBLE for you to make
money with affiliate programs or make your living on the
Internet, you won't. It's that simple.

For me, figuring out that it was possible was just a matter
of realizing that many other people were ALREADY making
great money online. If they could do it, I could too. It
would just be a matter of figuring out what those people
were doing and then adapting it to my situation.

There is no shortage of undeniable PROOF that people
(millions of them) are making money online with affiliate
programs. Just get online and do some research and you'll
find countless testimonials and stories of REAL PEOPLE
making real money on the Internet. Or head to your local
bookstore and you'll find the same documented evidence of
this fact. Truth is, it's getting easier and easier to make
money online with affiliate programs.

I've always said that "affiliate marketing" is the job of
the future. In the "old" days, you had to go to a
potential employer, apply for the position and hope for the
best. Now you can simply go to any company you want, fill
out their affiliate application and start work immediately.
Affiliates are the new working class. Believe me, making
money with affiliate programs or making your living on the
Internet is WAY MORE than possible. It is pretty much (or
will be soon enough) unavoidable now. Affiliate marketing is
the "job" of the future that's already here TODAY.

===> Intangible 3 <===

You must be willing to MAKE THE LEAP.

Ready, FIRE, then aim... This is the operating philosophy
you MUST adopt to succeed with affiliate marketing.

That's backwards for most people who like to aim before
they fire. The fact is the Internet is a moving target...
The only thing constant about it is change. You need to stop
analyzing the game and simply jump into it. You can't learn
from the outside... You have to be IN THE RING to truly
understand it.

The lesson here is that you will never really be READY to
start an affiliate marketing business. You simply have to
start one. This is what I call "Making the Leap."

The good news is that the cost of failure on the Internet is
very small. In the "brick and mortar" world you need to
evaluate things very carefully before you decide to open up
a business. It's almost always necessary to invest
thousands of dollars to get an offline business off the
ground. However, on the Internet you can often start a
successful business for less than $100. The Plug-In Profit
Site is a great example of this as you can see here:
http://tinyurl.com/2yqdgw

You simply need get IN THE GAME... Each moment that you stay
"out there," you're wasting valuable time that you could
be learning and skills necessary to become a successful
affiliate marketer. In fact, if you're not in the game yet,
you're ALREADY behind the times. Make the leap to becoming
a successful affiliate marketer today!

Stone Evans, The Home Biz Guy helps ordinary people all over
the world make money online with affiliate programs. If you
can follow 3 easy steps, you can get your own custom
website, autoresponder (email follow-up software) and
pre-written email marketing campaign professionally designed
and installed and ready to pull in profits for you in 24
hours or less! See details at:
http://tinyurl.com/2yqdgw

Note: You have permission to re-publish this article on your
own website or newsletter.

NOTE: Stone is a frequent guest Bloger, My "Douglas MIller H-F-L"
permission to re-publish this article is also given.
==========================================================

*** END OF ARTICLE ***

==========================================================
About the Author:Douglas Miller is a retired Fire Service Captain now making a living working at home. His company Hundred-Fold-Life is not just a name but also a belief.
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
-----------------------------------------------------------------

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Monday, July 16, 2007

Inexpensive Advertising Techniques For Businesses

When you have a business, you know very well that your advertising is something you have to focus on to make sure that you are getting as much business as possible. If you are trying to advertise your business, you want to be sure that this is something you can do. One of the best ways that you can advertise is to try to do it without spending too much money, because if you spend more money than you should be spending on advertising, it isn't going to be worth it.

There are several ways that you can advertise inexpensively. The best thing that you can do is to focus on the free advertising that you can get. If you have an online business, this can be even easier, as long as you are willing to take the time to do it. If you can go to chat rooms, blogs, or other interesting places and keep your website or your business name as your signature, even if that is only seen by a few people it is still a free way to advertise. You can also post your name on various threads and in various places that will allow you to post your website.

By large, advertising online is usually very cheap. The key is to find a place online where lots of your customers are going to go. In order to do this, you have to be sure that you know who your demographic is and who is using your business. This might require some work on your part. Once you have identified who the people are that are using your business, you can go to other sites that these people are also going to be using, and you can advertise on these sites, quite easily.

The other way to advertise cheaply is by word of mouth. This might require you to be online for a long time, simply going to sites and talking about your business and how good it is. This is something that requires time and energy, but in the end you will find that it is actually a very inexpensive way to advertise.

IF you have the time and money, you can also advertise out in the world, not on the internet. This is something that you can do by way of posters, billboards and flyers and by other methods as well. The main idea is that you should find out where your customers are going to be, and locate them, whether it is in the real world or whether it is online. Once you have located your customers, you can go ahead and start advertising in ways that they are going to understand, and ways that they are going to be able to take advantage of.

About the Author: Douglas Miller is a retired Fire Service Captain now making a living working at home. His company Hundred-Fold-Life is not just a name but also belief.
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
-----------------------------------------------------------------

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Saturday, July 14, 2007

SCAM ALERT: Some companies are charging up to $2,000 just to register a domain name!

I didn't believe this either, but... I've gotten a number of letters from companies who say they will "only" charge $1,000 to register our domain name! Unfortunately, some innocent people have accepted this ridiculous offer.

Clearly, this is a complete rip-off. And we've received even more offers to register domain names for "just" $300!

OK. So what should it cost to register a domain name? The short answer is that it should cost you between $15 and $75 (plus a fee to InterNIC - see below). Anything more is a rip-off.

Here's why: There are two types of fees to register a domain name:

A fee to InterNIC (Internet Network Information Center -- the group in charge of assigning domain names) and
A fee to the company doing the domain name registration for you.
1. InterNIC is in charge of registering domain names. Until September of this year (1995), there was no charge from InterNIC to register domain names. Therefore, if you knew how to fill out the appropriate form and submit it to InterNIC, you could register a domain name for free.

Prior to the registration fees from InterNIC, some people registered huge numbers of domain names. For example, there were individuals who tried to register the names of as many major corporations as they could, so they could later sell these domain names to these companies (when the companies realized that "their" domain names were not available).

On September 14, 1995, InterNIC announced that the fee for all new domain name registrations would be $100, which would include two years of registration. So, all new domain name registrations now cost a minimum of $100, the fee to InterNIC. (Update: The fee for Web Addresses registered on or after April 1, 1998, is US$70.00. New registrations are in effect for a two-year period.)

The fee for annual renewals (for both new and existing domains) is $50. Therefore, all domain names that were registered prior to September 14, 1995 (when the $100 registration fee was initiated) will owe an annual renewal fee of $50 on the anniversary of their initial registration. (Update: All domain names re-registered on or after April 1, 1998, are assessed a US$35.00 re-registration fee.)

On the Web: For more information, the Web address for InterNIC Registration Services is http://rs.internic.net/rs-internic.html. (Update: Network Solutions now handles the registration services: http://www.networksolutions.com/ )

2. Many people hire their ISP (Internet Service Provider) or a consultant to register their domain names for them.

The process of registering a domain name almost always involves these five steps:

Selecting a domain name to register
Finding out if this domain name is currently available
Selecting an ISP who will host the domain
Filling out the appropriate form to request the domain name (done by you or the ISP)
Submitting this form to InterNIC (done by the ISP).
A Useful Tip: It is now possible to use the Web to find out whether or not the domain name you'd like to register is available using WhoIs. This is a LOT more convenient than alternative ways to find out whether or not a domain name is available. But remember, the name may be assigned to someone else between when your application is submitted and when it is reviewed by InterNIC.

On the Web: Look at example information along with the instructions that are included as part of the Domain Name Registration Agreement to request a new domain name. Filling out and submitting the form is not difficult (however, it does require knowing what you're doing).

A reasonable fee to pay to have your ISP (or a consultant) fill out and submit this form for you is between $15 and $75. Our ISP charges us $30 and does an excellent job. Paying much more for this is unnecessary.

This means that you will pay a total of $115 to $175 (including the $100 to InterNIC) to register your domain name. (at the time of original publication)

Note: This scam is about consultants who charge $2000 for ONLY registering a domain name. If your ISP starts talking about fees of $2000, they are probably giving you more domain services than you need. (The service most of you will want from your ISP is sometimes called a "domain alias," and can be implemented for the prices we mentioned.)


Tip: Don't worry if you're not the technical or administrative contact (Questions 4 and 5 on the form) -- that's OK. Just be sure that Questions 3a to 3f are filled in with your company's name and info. That way, you'll own the domain name, not your ISP or consultant.


About the Author:Douglas Miller is a retired fire service captain, now making a living working from home. His company Hundred-Fold-Life is not just a name but also a belief.

-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
-----------------------------------------------------------------

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Thursday, July 12, 2007

Inexpensive Advertising Techniques For Businesses
Copyright © Douglas Miller Hundred-Fold-Life
http://www.ClixGo.com

When you have a business, you know very well that your advertising is something you have to focus on to make sure that you are getting as much business as possible. If you are trying to advertise your business, you want to be sure that this is something you can do. One of the best ways that you can advertise is to try to do it without spending too much money, because if you spend more money than you should be spending on advertising, it isn't going to be worth it.



There are several ways that you can advertise inexpensively. The best thing that you can do is to focus on the free advertising that you can get. If you have an online business, this can be even easier, as long as you are willing to take the time to do it. If you can go to chat rooms, blogs, or other interesting places and keep your website or your business name as your signature, even if that is only seen by a few people it is still a free way to advertise. You can also post your name on various threads and in various places that will allow you to post your website.



By large, advertising online is usually very cheap. The key is to find a place online where lots of your customers are going to go. In order to do this, you have to be sure that you know who your demographic is and who is using your business. This might require some work on your part. Once you have identified who the people are that are using your business, you can go to other sites that these people are also going to be using, and you can advertise on these sites, quite easily.



The other way to advertise cheaply is by word of mouth. This might require you to be online for a long time ,simply going to sites and talking about your business and how good it is. This is something that requires time and energy, but in the end you will find that it is actually a very inexpensive way to advertise.



IF you have the time and money, you can also advertise out in the world, not on the internet. This is something that you can do by way of posters, billboards and flyers and by other methods as well. The main idea is that you should find out where your customers are going to be, and locate them, whether it is in the real world or whether it is online. Once you have located your customers, you can go ahead and start advertising in ways that they are going to understand, and ways that they are going to be able to take advantage of.


About the Author:Douglas Miller is a retired Fire Service Captain now making a living working at home. His company Hundred-Fold-Life is not just a name but a belief.
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
-----------------------------------------------------------------

Recommended: Plug-In Profit Site - Complete Money Making Site Setup FREE!

Monday, July 9, 2007

Do you have what it takes to be an e-entrepreneur

Do you have what it takes to be an e-entrepreneur?
Copyright © Stone Evans, The Home Biz Guy
Author of "Dotcomology - The Science of Making Money Online"

These days, it seems like everyone wants to work
from home and make money on the Internet. But
before you even turn on your computer, the first
question you have to ask yourself is whether
you’re cut out for this kind of work.

The fact is, building a home-based business isn’t
for everyone. Some people like the commute. They
really do enjoy having a boss who tells them what
to do, and they like the routine of working
nine-to-five for an ordinary salary that can
barely pay the mortgage. Personally, I think
they’re nuts.

More reasonably, there are people who are
concerned about the risk of starting up their own
business. They’re not sure it’s worth the
investment of time and money, and they’re scared
of the responsibility that comes with running
their own company. They wonder if there is
another way to escape the rat race.

I’m sure there is. You could win the lottery or
wait for your Aunt Sue to keel over and leave you
her condo. Or maybe you could sit down with a pen
and paper and draw the blueprint for "The Next
Big Thing". Anything can happen... Right?

For me, what happened was creating a successful,
self-running Internet marketing system. It didn’t
happen without effort. It didn’t happen without
at least some initial investment of both time and
money and, of course, it doesn’t happen now
without me making sure that the taxes are filed
and the paperwork is done. But it happened.

I’m my own boss. I work from home according to my
own schedule and I get to pocket all the cash my
business makes. If you’re prepared to give an
e-business the time, the work and the money it
needs to get started and get growing, it can
happen for you too.

Article excerpted from "Dotcomology":
Don't Pay A Dime For Any Ebook, Marketing
Course, Software Program Or Anything Else Until
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Saturday, July 7, 2007

How To Stretch Funds When Business Is Slow

How To Stretch Funds When Business Is Slow

Copyright © Douglas Miller Hundred-Fold-Life
http://www.ClixGo.com

One of the main things that you have to know about running a home business is that you are going to have to have a plan for how to stretch your money when the business is slow. This is something that you have to worry about no matter what you are doing or what you are selling. There are going to be periods of time in which you simply can't make ends meet, and it is always a good idea to be able to have some tips as to how you can handle this.

Tips

One of the things that you can do at the very start of your business to make sure that you are going to be able to sail through the times where money is tight is to make sure that you have built these times into your business plan. There should be a part of your business plan that details how you are going to save money when business is booming. You should have a set amount of money that you are putting away each time you are making profit, and these funds should be what you can fall back on during the times where you aren't making as much money as you thought you'd be able to make.

The other thing that you have to remember is that you should always be on the lookout for savings that you can make. You might want to hire people for occasional work, yet not make them full time employees. This will help you because you can use them when you can afford to pay them and when you have enough work for them to do, but they wontí expect work all of the time, so when business is slow you can do all of the work yourself and make more money because you don't have to pay your employees.

You can also look for ways to save money when business is slow by networking with other small business owners and seeing if there are services that you can trade each other. For instance, if you are a writer, you might want to offer your skills to the owner of a design company in exchange for them giving you some designs for free. If you are able to have enough networking skills, you can find ways to make sure that you are able to stretch the money that you do make in the off seasons as far as it will go.

Remember that you are in control of your home business, which means that you are going to be able to decide what you save and what you spend. Keep this in mind, especially if you have a business that tends to have good days and bad days ñ like most businesses do. Simply spending less when you have more money allows you to be able to save more for the times when you don't have too much business.



About the Author:Douglas Miller is a retired Fire Service Captain now making a living working at home. His company Hundred-Fold-Life is not just a name but a belief.
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To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.ClixGo.com
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Tuesday, July 3, 2007

Welcome to my new blog!

I've just launched my new blog! Stay tuned...

Until then check-out my website!

Best regards,

Douglas Miller-Hundred-Fold-Life


http://www.ClixGo.com


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Product Review:

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