Showing posts with label Determine. Show all posts
Showing posts with label Determine. Show all posts
Friday, September 25, 2015
How to Buy a Motel
Prove to a lender that you are capable of running a motel. Even if you are interested in purchasing a small motel, in addition to general management skills, you will need to understand basic bookkeeping and accounting concepts, be able to create a budget, keep accurate financial records, promote a favorable public image of the motel and communicate well with people.
Find out as much as you can about the motel you are interested in buying. Ask how long the motel has been in business and how long it has been under the management of the current owner. Ask why the owner is selling. Ask for the motel's financial records for at least the past three years.
Get the advice of an accountant or attorney who can examine any financial documents related to the day-to-day operation of the motel. Choose someone knowledgeable in the hospitality industry who can help you determine the value of the business. Take a look at other motels in the area. Educate yourself as much as you can about the local competition.
Make an offer once you verify the financials. Make the purchase contingent upon you getting the financing. Know what you can afford going in. This is also the time to specify any other conditions of sale. For example, you might request that the current owner make certain repairs or alterations before the date of closing. The overall condition of the property is a critical factor in determining the price.
Negotiate a sale price, amount of deposit and a settlement date. A sales contract signed by the seller gives you the option to buy the motel subject to each of the conditions as specified in the contract. Don't be afraid to negotiate the selling price. While most sellers expect to receive offers lower than what they are asking, be both realistic and fair in the offer you make. Although the final price a seller will accept varies in each situation, some sellers will accept as much as 20 percent lower than the asking price.
Secure financing. Even though a lender will consider the motel itself as one form of collateral, you may have to put up your house as additional security. Aside from having good credit, the lender will want to see proof that the motel will generate enough cash flow each month to pay the bills, including any loans secured to purchase the business. If you can show that the motel takes in more income each month than the money it pays out in expenses, you should be able to qualify for a loan. Lenders typically consider the motel industry a safe investment.
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Thursday, September 24, 2015
How to Sell Advertising Space on Your Car to Make Money
Be prepared to enter into a contract. Advertisers generally prefer long-term commitments.
Register with your local transit-advertising agency. Approach various agencies and choose the one that pays you the most and gives you a choice of brand or company to advertise.
Determine how the advertising message will be displayed on your car. It could be vinyl graphic panels, magnetic signs, bumper stickers or a complete car wrap.
Ensure that the material to be used is not harmful to your car exterior.
Check if there is a minimum distance you need to drive.
Be prepared for regular inspections and spot checks from the car advertising agency.
Choose a brand that you would love to advertise and goes well with your lifestyle and driving habits.
Keep your agency informed if there is any change in your driving pattern. Relocation to a different place, enrolling your child in a new school and having a new job are instances when your driving patterns could be altered.
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Friday, September 11, 2015
How to Make Plastic Canvas Crafts for Extra Money
Choose patterns for items that are both functional and decorative to maximize sales. These may include tote bags, place mats, boxes, desk accessories, Christmas tree ornaments and other holiday decorations. Visit several craft outlets, art fairs and bazaars to see what types of items are selling.
Develop or obtain plastic canvas patterns. Avoid copyrighted patterns or those with trademarked graphics due to copyright infringement laws.
Gather your supplies and make your plastic canvas crafts. Purchase tools and supplies as necessary, such as plastic canvas, yarn, plastic needles, embellishments, scissors, glue and a glue gun.
Determine a price for your crafts. A good rule of thumb to follow when pricing is to add up the cost of materials, labor and overhead costs (such as gas used to shop for items), then multiply that total by two to get a retail price. Create price tags and attach them to your crafts. Include your name and contact information in case a customer wants to order additional items from you.
Identify craft outlets. Check local Chambers of Commerce to find out if they have contact lists for annual craft bazaars in your area. Several churches host annual craft bazaars, especially during the holidays. Make a list of possible bazaars you wish to participate in. Call the bazaar chairperson to find out participation costs and to obtain any application documents necessary. Apply well in advance, as table space often goes quickly.
Purchase portable table and chairs. Some bazaars and craft shows provide these, but others do not. Set up a decorative display well in advance. Have a cash box, change, paper and pencil available. Print business cards with your contact information to hand out to potential customers. Purchase an inexpensive guest book for customers to sign and give contact information so you can stay in touch with your customers.
Set up accounts on Internet sites such as Etsy, a crafting site, or eBay if you wish to sell your plastic canvas items online. Follow all account directions accurately and make note of any fees charged. Set up an account that allows you to receive and make payments via the Internet. At the end of each month, print a record of your sales from the site to keep for your records, or transfer the information to your accounting software.
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Thursday, September 10, 2015
How to Make Money With Pay
Find pay-per-lead programs that relate well to your website or ezine. Many affiliate networks offer pay-per-lead programs from a variety of merchants. See the Resources section for links to some of them. You can also search for independently managed pay-per-lead programs.
Determine what type of links would be best for your website or ezine. Text links are good if you want to incorporate the program into articles or information products, or if you produce a text-only ezine. Graphic ads work well in sidebars, headers, or footers of websites, blogs and HTML ezines.
Add your affiliate links to appropriate areas of your site, or in the ad section of your ezine.
Promote your website or ezine. There are many ways that you can promote for free. You could also use paid advertising, or pay-per-click programs. Just be sure to monitor your programs carefully to ensure that you are making a profit with them.
Invest some of the money you make from pay-per-lead programs to promote new programs. Highly focused sites are well suited to affiliate programs, including pay-per-lead. Creating them in profitable niches could bring great profits.
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Tuesday, September 8, 2015
How to Sell Jewelry
Have the jewelry appraised. This is especially important if you do not know much about the value of stones or are not good at telling gold and silver from plated jewelry. Knowing whether you have costume jewelry or the real deal to sell can make a big difference in what you can expect to receive for the pieces.
Set your price range. This basically means you determine the least amount you are willing to accept in payment. At the same time, set a higher amount that you believe the piece could sell for. This provides you with some room to negotiate if necessary.
Look for local outlets that will purchase the jewelry. This is a great option if you want to sell the pieces quickly. Consider pawnshops, but don’t expect to get top dollar for your items. You might also want to check with local jewelers, who may provide a better offer if the jewelry is distinctive in some way.
Check out consignment deals in your area. Many jewelers will offer to sell the item for you on a consignment basis. For their effort, the jeweler will keep a specified percentage of the final sale price. If you are not in a hurry to sell the jewelry, this may be an ideal option.
Take out an ad in the local paper. Many local newspapers provide free classified ads for items people want to sell. Keep in mind that some do have a cap on how much you can ask and still run a free ad. However, even if the ad costs a small amount, it could yield several offers in a short period of time.
Auction the jewelry online. For very little cost, you can set up an auction on any one of several different auction sites. Most allow you to set a minimum bid that you will accept for the item. When local outlets do not seem to work, offering the item in an auction allows you to offer the jewelry to a wider audience. Including a couple of digital images of the jewelry will enhance your chances of attracting attention.
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Friday, September 4, 2015
How to Get a Sports Physical Therapy Internship
Choose a sports physical therapy internship based on what you would like to do when you graduate. Intern at a local college or university and do physical therapy for one of its sports teams. You might also choose to intern at a local hospital or doctor's office that offers sports physical therapy rehabilitation.
Determine in which aspects of physical therapy you're interested in working. If you're working with a sports team, contact your local college, high school or professional sports organizations. If you're interested in working in physical therapy with a rehabilitation facility, contact these types of facilities directly.
Speak with your professors or instructors about what contacts they might have regarding sports physical therapy internships. Your professors and instructors in sports physical therapy often have connections that can lead to valuable work experience.
Contact physical therapy organizations. The American Physical Therapy Association offers a list of physical therapy internships. Intern Abroad offers a list of international physical therapy internship opportunities. (See the Resources section.)
Apply for the internship opportunities you're interested in with the sports teams or rehabilitation facilities of your choice. It is always best to speak directly with the person in charge of internships with the organization you choose. However, if that is not possible, read every piece of information you can on the program. Learn about the organization and what it does.
Interview knowledgeably. When you interview for a sports physical therapy internship, know how to repair limbs and joints from injuries and pain to impress the internship coordinator for the organization.
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