What makes an opportunity P.E.R.F.E.C.T.? There are 7 key requirements for a home business to qualify as being “PERFECT”. Each letter in the word PERFECT stands for one of the 7 keys. In the first three articles in this series, we learned that the “P” in PERFECT stands for “Profitable”, that the first “E” in PERFECT means “Easy”, and that the “R” stands for “Real”.Key Number Four-The “F” in PERFECT stands for “Fits With Your Desired Lifestyle”. What lifestyle do you want to live? Many people who want to start a home business want “FREEDOM”. Freedom to do what they want, where they want, and when they want. Don’t start a business that fights head on with the lifestyle you desire. A PERFECT home based business will not only fit with your dream lifestyle, it will even help you achieve that lifestyle.”Fits With Your Desired Lifestyle” means:•Something that you love or are passionate about. Too many people do work they hate, just to make a living. You’ll have a much happier lifestyle if the core products and activities of your home business mesh with something you have a passion for and love. There’s that passion thing again:-).•Leverages your creativity. A PERFECT home based business allows you to do something once and get paid over and over again for the initial effort. Don’t exchange one hour of your time for one hour’s pay (don’t be a wage slave like just about everybody else).•Can be operated from anywhere in the world and from home. No more long commutes. Hey, my commute is 30 seconds…from my bedroom to my home office. Decide where you want to live and then work from there. All you need is electricity, a phone line or cell phone network, a computer and an internet connection.•No employees are required (but you could and should use independent contractors, or outsource some of the work). Avoid all the hassle of having employees. A PERFECT home based business can be run by just you, or you and your spouse if you would like.•Helps a lot of people. If this is not part of your desired lifestyle, it should be, because the more people you help, the more money you will make.•Time required to build the business to an acceptable profit potential is not long (less than 6 months desired).Who wants to work on their business for two or three years before it becomes profitable? Most people couldn’t afford to do that. Yes, it might take a year or more for your business to reach its full potential. But, there are tricks of the trade that can make it much more likely you will see an exciting level of profit within 6 months (you will not “get rich quick”; sorry, but that is reality…don’t quit your day job quite yet).•Low initial investment required (less than $1,000 preferred). Many people don’t have the $5,000, or $25,000, or more needed to start some home based businesses. There’s no need to sell your firstborn or mortgage your house to get your business started.•Product(s) that you have control of (you are the gate keeper, which means you created the product, or have the exclusive right to market it). If you control the product, you can build a sales force of hundreds or thousands of affiliates that will grow your business for you even while you’re on vacation. They will market your product for you for a share of the profits.Even if you don’t yet have your own product, you can get started quickly by selling other people’s products as an affiliate for them. But, it is still best to eventually create your own products.•Enables you to earn enough money to become financially free. Decide for yourself how much you need to be “financially free”. Whether that’s an extra $500 or $1,000 a month, or $100,000 per year or more, your business needs to have the potential to earn that.•Enables you to have free time because it requires less than 20 hours per week after the initial set up period. Spend your free time with your family, on your favorite activities, or use it to start and build another business.•The business is aligned with how I understand God would want it to be. This is a personal requirement for my business and lifestyle. It means that my business must provide real value, must benefit people, and must be legal, ethical and honest. If you make sure your home based business does this as well, whatever your views about God, you will be miles ahead of all the scams and quick buck artists that are all too common.It’s all starting to come together now. A PERFECT Home Based Business must FIT WITH YOUR DESIRED LIFESTYLE. And, it must be PROFITABLE, EASY, and REAL. Still with me? Good. More to come in the rest of this article series.Read the other articles in this series, or Click Here For Your Free Report: Discover The PERFECT Home Business.
Education Loans – Help Shape Your Fate
With the expensive fees of higher education, everyone is finding it tough to avail a higher education easily. The unchecked hike in the fees is the only reasons for worries felt by the students, as no one will find them comfortable at their current financial condition with this. At this time education loans now can help you escape from the instant burden of the fees and can arrange sufficient sum to finance your education bills whatever you have.
Besides the government agencies, a number of private lending houses are ready to help you at such purposes. An online search is the best way to find these lenders, as it helps you find several lenders at a time. Here, you can be helped to get the desired sum to meet any kind of your fees plan, moreover, education loans are not only to finance the fees but, it can be invested at other places too that are attached with your education like, boarding charges, buying computer and stationary or books, mess bill etc.
Since, you are a student and you do not have any income source, you get some unique privileges while availing education loans. You have a much relaxation on the repayment. These facilities make provision for the exemption of the repayment until after six months of completion of course or you get a new job.
Generally, a education loan is taken to reimburse the entire expenses related to education. These are basically, tuition fees, library fees, buying computers, accommodation charge etc. The amount of loan depends upon one’s requirement. However, the income level of student’s family also matters while loan is being provided.
Students can obtain the education loans either with secured or unsecured form. Secured loans require pledging of an asset from the borrowers. Whereas, unsecured form have nothing such obligations. Secured form of education loan has always a benefit of lower rate of interest and a longer period of repayment. However, unsecured form charges a slightly higher rate of interest and a shorter period of repayment, as to compensate the risk involved with the lent amount.
Education loans are the best solutions for every of them who do want to take that big burden of fees at a time. It provide the desired amount to help you get your desired course without the hassle of availability fees with you or not. The easier and helping terms and conditions makes way for everyone, as one can easily bear the cost of such loans for its liberal repayment option.
What Is the Value of Attending Home Based Business Forums?
This model is based on an understanding of the various requirements of your clients and the home based business forums can give you tips. In the first instance you will be looking for ideas. It is through studying the work that has been accomplished by your colleagues that you may gain some inspiration as to the things that might work for you. The next thing is to assess feasibility.
Many entrepreneurs go out on a limb with very high expectations that are bound to fail. For example you might decide that you wish to sell organic fruit when in reality you live in a locality which is primarily comfortable with supermarket shopping. The perishable items will also create stock control issues which may eventually close you down. Consultation can help you to avoid these problems.
The management of you home based business aspirations
Failure often arises when you have not had exposure to the real working environment. You can get an opportunity to learn through the mistakes that have been committed by your colleagues. If someone has lost a substantial amount of money, they may be in a position to provide you with tips on how you can protect your enterprise. This is valuable information.
The home based business forums prevent you from taking a damaging and insular approach to your entrepreneurship. For example you may think about selling books without considering the fact that there is a public library within your locality which is more than capable of matching up any items which you have in mind. These things have to be planned well in advance.
Finances are very challenging for people who have never been in this position before. You have to look at your costs of production and then find ways of ensuring that your revenues can cover all the incidentals. Budgeting manuals can become useless if you do not have practical experience of running a home based business. Your colleagues will be very useful in this aspect.
Avoiding the pitfalls of business bureaucracy
Short cuts are rarely beneficial in the long run but you also have to consider the limitations that extended bureaucracy can create. The lack of licensing in this sector does not necessarily mean that you will not encounter any official regulation. From taxes to safety, you may be held accountable for anything that is associated with your product line.
Where do you meet the community? A simple Google search will open up the world of various opportunities. You should link up with public blogs. The home based business forums are designed by people who have an interest in the industry and they will change the way that you see your role as an entrepreneur working within the sector.