Showing posts with label business. Show all posts
Showing posts with label business. Show all posts
Wednesday, September 30, 2015
How to Be Your Own VoIP Provider (4 Steps)
Research several VoIP hosts. Their service must be reliable and consistent in order to successfully sell it over time. Stick to reputable and trusted companies such as QuantumVoice and Net2Phone.
Choose a host whose service, agreement and costs align with your budget and preferences. If you want to manage as much of the business as possible, avoid turn-key options which handle most of the technical work for you.
Invest the proper time and money into your business. You may have to learn about technical systems or hire an IT professional to help you best promote your products and provide customer service. Many hosts offer training and materials to aid in these efforts.
Market your VoIP service. Regardless of which type of reseller package you choose, nearly all of the marketing responsibility is yours. Start by advertising your new services to your existing clients, offer an introductory rate, referral credits or an affiliate program. Always market creatively.
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Sunday, September 27, 2015
How to Write Articles for Money (3 Steps)
Join to earn -
Sign up for AssociatedContent.com and eHow.com, these are available to US residents. You can get paid on performance of your articles at AssociatedContent.com ($1.50 - $2.00 per thousand views) anywhere in the world. These are the 2 best places where you can make money with your articles and there are others as well. You need to sign up for writers compensation program in order to get paid. To receive your earnings, you will need to sign up for a free PayPal account. If you want to earn money online, join a great business opportunity listed in my Resources Box below this article.
Write articles -
Write down your article ideas on a piece of paper about things that you are very familiar with or have knowledge about. This is the best way to get started writing articles for money. Over time, you would like to research the popular topics that people are searching for. Writing more popular topics and utilizing profitable keywords will help you earn more money online writing articles. You can earn money writing articles in your spare time when you are starting out. This is a great way to earn extra money online for free.To earn profits online, join the opportunity listed in my Resources Box below this article to earn cash online today.
Submit your articles to search engines -
After you have completed writing your articles, I strongly recommend for you to submit them to major search engines. These include: Google, Yahoo and Bing (previously MSN). There are many other directories and search engines that you can submit your articles to as well. A great resource to find these is www.freewebsubmission.com. You will be able to auto-submit for free to quite a few search engines on this site as well as manually submit to 50 search engines and directories listed there. To make money online click on the link in my Resources Box below to generate income online.
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How to Buy Wholesale Gift Cards
Acquire a vendor's license. A vendor's license will allow you to buy items wholesale from many places by establishing yourself as a member of the gift card industry. Qualifications vary by state and municipality, so check with your local authorities. You may also want to obtain a federal tax identification number (TIN) number from the Internal Revenue Service (IRS). The number makes it easier to separate your business expenses from your personal expenses. You can apply for one by filling out an application on the IRS's website. You may be asked for this number when shopping at gift card wholesalers.
Purchase gift cards from a wholesaler, which is a seller who sells items in great bulk at a lower cost. Some wholesalers are open to both the public and industry professionals while others cater exclusively to members of the gift card industry. You can contact several gift card wholesalers to see who has the best price and best variety. One wholesaler may have a large number of gift cards from many different retailers but not have many specific monetary denominations. Other wholesalers may be able to offer you lowered prices on a specific type of gift card. Yet another wholesaler may work exclusively with a specific large company and offer only cards from that company. Decide if you want to specialize or you prefer to work only several types of cards.
Buy online. Online retailers can offer you vast discounts. However, online retailers should be carefully vetted before you purchase from them. The card types should be visible. The site should have a contact number. All cards should be in good condition with no scratches and unopened packages. Shipping methods should allow for as little handling as possible and aim to prevent theft of the cards.
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Saturday, September 26, 2015
How do I Start an Online Diamond Jewelry Business With no Upfront Cost?
Register as a diamond jewelry affiliate. Find jewelers that sell jewelry you want to sell, or use an affiliate program such as Linkshare or Commission Junction, to locate affiliate programs. Register as an affiliate for the company. Once you become an affiliate, the company provides you with images and links with special codes to track the sales you make from your on line diamond jewelry business.
Build a web site. Several free sites exist where you can build your own web site for free. FreeWebs, Blogger and WordPress are a few of the options you can choose. Add the photos of the diamond jewelry along with the links visitors to your site can click on to purchase the jewelry from the site you are representing as an affiliate.
Promote your on line diamond jewelry business. The key to starting and running a successful affiliate business is to drive traffic to your site. You can use article marketing as a free form of promoting your on line presence. Article marketing is when you write informational articles about diamond jewelry and post the articles to on line article directories for free. The article directories allow you to include links in your copy and in the author box with the article that readers of the article can click on to go directly to your site.
Receive commission checks. You receive a percentage of any sales that the affiliate companies make from your own on line marketing efforts. Every time a visitor to your on line diamond jewelry site clicks on the link with your special code and makes a purchase, you receive a commission on the sale, which the diamond jewelry company either mails you a check for or directly deposits money into your bank account.
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Wednesday, September 23, 2015
How to Sell Weight Loss Products
Decide which products you want to sell. You can choose from supplements, diet menu plans or e-courses. Metabolife is probably the most popular weight loss product you can sell from your own home or website. You can also find diet plans online and sell them to your friends.
Promote your business. If you have a blog or website, you can add a link to a weight loss website to earn a commission based on how many viewers click on the link. If you're selling the weight loss products from home, spread the word among your friends--especially those who are always on a new diet.
Throw a party and serve delicious diet foods from your weight loss plan. Inform friends that the foods they are gnoshing on can help them lose weight--if they follow the diet you're selling. This is a great way to make money while socializing with your buddies.
Be a role model for weight loss by losing weight yourself. When people ask you how you got so skinny, pitch the weight loss products. You can even put a bumper sticker on your car that says, 'Ask me how I lost 50 pounds' to promote your business.
Create a weight loss product website. Frequent message boards about dieting and put a link to your website in your signature. The website should include before and after pictures, the selling points of your weight loss products and how to purchase it. It can make good business sense to offer a discount to anyone who is a friend or visits the same message boards as you.
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Tuesday, September 22, 2015
How to Set Up a Website Selling Someone Else's Products
Sign up for a web hosting service and purchase a domain name to establish your website. You can create the website using a free template from your service or by purchasing an HTML editing program such as Adobe Dreamweaver or Microsoft Frontpage.
Sign up for an online affiliate program (see 'Resources' for a list of programs). Make sure that the service you choose is a reputable business according to Better Business Bureau records.
Browse the various clients who have products or services available for sale through the affiliate service and select the ones that you feel you can promote effectively on your website. The client must approve you based on your website, so make sure that your website is professional and focused on the type of product you want to sell on the client's behalf.
Retrieve affiliate links from the client (available from your affiliate services account dashboard) and add the links on your web pages. The links you add should be naturally placed throughout your website's content to encourage the reader to click the link and evaluate the product or service. For instance, if you are promoting a client's world travel book, you can write an article about your recent travels and then provide the link where the reader can purchase the book and read more about traveling around the world.
Promote your website to your friends, family, and mailing list. Study search engine optimization (SEO) techniques to help get your website better ranking on search engines (see 'Resources' for a resource on SEO concepts). The more traffic to your website, the higher the chance that you will actually sell products.
Retrieve payments for selling these products from the client via the online affiliate service. You may receive a check in the mail or a direct deposit on a regular basis.
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How to Make Money Fishing in Hawaii (5 Steps)
Become a charter captain. This option requires the most equipment. However, it also offers the most income potential. As a charter captain, you derive income from both the charter fees you charge as well as from the fish you are able to sell commercially. To become a charter captain, you will need to obtain the appropriate licenses from the Coast Guard, the National Marine Fisheries Service (NMFS) and the State of Hawaii. The licenses will vary by your target species, the number of passengers you hope to carry, and the type of fishing you do.
Start a commercial fishing operation. Hawaii is a large consumer of fish, so there is definitely a commercial market for fish and seafood in the islands. Similar to a charter business, a commercial fishing operation is equipment-intensive. You will also require a license from the same entities as you would for a charter business. Unlike the charter business, you would spend more time fishing and less time trying to sell charter shares on your boat. A blended approach, in which you fish commercially on days when you have no charters, may be a good compromise between the two options.
Enter fishing tournaments. The islands of Hawaii are home to several large fishing tournaments, such as the Maui Jim Classic, that are known to pay hundreds of thousands of dollars in prize money. Despite this tremendous upside, you will face fierce competition and run the risk of having wasted time, fuel and a large entrance fee only to come home with a t-shirt.
Try inshore fishing. If you don't have a boat, there are still ways to make money fishing in Hawaii. Spearfishing for commercially viable inshore species, such as octopus, is one way to limit your equipment costs while making money. Spearfishing can also yield the occasional surprise as larger pelagic species, such as yellowfin tuna, often wander close to shore in Hawaiian waters. Using a cast net or fishing pole to target fish like tilapia and moi can also yield a salable catch.
Target fish for the aquarium trade. Catching fish for sale in pet shops and aquarium retailers is a big business in the islands. Hawaii's beautiful reefs make it an excellent location for catching aquarium-bound fish. Many reef fish are protected or off limits, but others like the yellow tang, Hawaii's most valuable inshore species, are abundant.
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Monday, September 21, 2015
How to Set Up an Affiliate Program Online (5 Steps)
Determine the commission amount you would like to pay for your affiliates. E-commerce marketplaces typically require more commission payouts to attract affiliates. It may appear that you are getting less money by offering a higher commission payout (more than 30 percent), but the more affiliates you have, the more potential for income.
Create a website for your product and/or affiliate program. A website for your product allows affiliates to link customers back to your website, where they can make a purchase. If you have not had a website designed for your business and you are not proficient in designing one yourself, contact a freelance web designer by going to sites like getafreelancer.com or Elance.com.
Establish whether or not you are going to set up an affiliate program that will require you to handle the payouts and tracking of affiliates or if you want to have a third party affiliate program established for you. Click Bank is the largest third party affiliate program for digital products. They handle enrollment, tracking and payment of your affiliates.
Purchase affiliate tracking software. If you do not want to use third-party affiliate programs, purchase affiliate software to track and pay your affiliates. Affiliate tracking software will provide a unique link that will be given to each affiliate. When they send customers to you through their link you will be able to connect the customer to your affiliate so you can properly pay them.
Set up a plan for paying your affiliates. PayPal, a third-party merchant processor, is preferred and accepted by many affiliates. Otherwise, determine if you will send a paper check or use direct deposit into your affiliates' accounts, though they may not feel comfortable giving you their account numbers.
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Wednesday, September 16, 2015
How to Become a Fashion Director
Earn your high school diploma or GED equivalent to qualify for admittance in to a college or university. High school students that are aspiring fashion directors should take home economics and communication courses prior to graduating.
Enroll in a two-year associate's degree or four-year bachelor's degree program. Students may also choose to earn their associate's degrees prior to enrolling in bachelor's programs, though it is not necessary. Most fashion directors earn a bachelor's degree. Some fashion-focused majors include fashion marketing, fashion design, fashion management and fashion merchandising. Those with a minor in a business-related field are projected to have the most job opportunities, according to the Education Portal website.
Look for internship opportunities through the school's fashion program or local fashion media offices, as well as the Internet. An internship gives you a foot in the door of the fashion industry, as well as real life work experience. Students learn necessary on-the-job skills through internships, giving them an edge when applying for employment as a fashion director. Contacts made during an internship might also lead to potential employment. You can intern while you are still in school, or after you graduate.
Earn a master's degree in a fashion-related field. Although a master's degree is not required to be a successful fashion director, it will create more career and advancement opportunities. You can also specialize in a specific area of fashion, including fashion and film, sustainable fashion or fashion journalism.
Create a resume that lists your internship and other work experience, your fashion education history, your skills related to fashion director jobs and any awards or achievements you have earned in the fashion industry. Fashion directors should have skills that include attention to detail, the ability to create a look for a model or mannequin, working well with marketing and sales professionals, and effective leadership skills to give direction and make decisions about a fashion line or company.
Send your resume to fashion houses, designers, fashion event planners and all of the contacts you made during your internship, education and other networking events. Search job postings online and in newspapers or magazines. Attend fashion events and introduce yourself to as many people as possible to learn about job openings.
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Tuesday, September 15, 2015
How to Become a Loan Officer
Take courses at the local colleges or universities for degrees in finance, economics or a related field. To work in banks and move up the career ladder, institutions look for degreed applicants first. If not able to get a degree, start working in the field and educate yourself on the lingo and processes. This will take much longer, and you will eventually hit a ceiling where you will need a degree.
Market yourself. Go to dinners, parties and gatherings with your business cards. Your child's school activities and extracurricular sports all have parents who may be looking for a loan now or in the near future. Don't be pushy, and don't get offended when you find your cards in the couch cushions; they may have a loan officer in the family.
Take technology-based courses to keep up with the growing need to be computer literate. This will be a huge plus on your resume since the field needs fewer loan officers due to the growing ease of finding loans on the Internet.
Be open, friendly and honest with all the potential customers and real estate contacts you make, even if you don't like the person. Word of mouth and day-to-day contacts can bring you business.
Join a team or office that consists of real estate agents, a mortgage broker and loan processors. This group of people will all be interdependent on each other to make sales and money. You may have to share your fees, but it will get your name in business circles and educate you on the processes that each person does.
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Saturday, September 12, 2015
How to Make Extra Money Selling Hot Dogs
One of the first things you'll need is a great location. Choose a location that has traffic so you can make sure there are plenty of customers to buy your wares. Locations near parks, office buildings and construction sites are often some of the best for this type of business.
Instead of selling the traditional length hot dogs from your hot dog carts, sell the bun-size hot dogs. You can significantly increase the money you make just going with the slightly larger size but not having to go with the foot-long hot dogs. Bun-size dogs cost less than foot-long dogs, so may be able to increase your profits this way.
Perfect your hot dog recipes on your hot dog carts. The more fixings and recipes you have to offer your customers, the more often they'll come back. Not only that, they will let others know about your location.
One of the best ways to make extra money selling hot dogs is with the add-ons or extras that you offer to your customers. You can bring in extra money each day by offering drinks, chips and desserts as extras.
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Thursday, September 10, 2015
How to Earn Money by Running a Food Stand
Review your areas of food expertise and create a plan. Try using one of your prized recipes so people seek out your food stand over others.
Research companies that provide supplies for small local food stands. Order from the one that suits you business and pick up other food supplies, condiments and paper products at a warehouse stores.
Contact your local government about licensing. Find out where you need to purchase the appropriate commercial kitchen equipment or try to lease or buy quality used equipment.
Check out competitive pricing structures. Stay in the median range so people don't decide to go to the next food stand and save money.
Print an attractive sign with your menu and prices. Situate yourself at public events where there are crowds of people. You will compete with other vendors when events are run by the city or school systems. Keep an up-to-date business plan in order to compete with other vendors.
Branch out to fairs, carnivals and park areas. Think about setting up your food stand near a local college as well. Hire a few trustworthy people with kitchen knowledge to help you achieve success.
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Monday, September 7, 2015
How to Earn an Extra $300 a Month
Sell extra belongings or unused items for cash to generate $300 or more per month. You can sell nearly anything online through eBay, Craigslist, Amazon and similar websites. Host a monthly garage sale with reasonable prices for quality items to rake in extra cash. Vintage clothing shops often pay cash for stylish clothes in good condition.
Develop your talents to make money in your neighborhood. Depending on your skill set, you can turn your abilities into a business to generate extra cash every month. Painting, drawing, singing, baking and crafts are just a few ways to make money without getting another job. Offer your services on websites, local bulletin boards or through social networking sites. Bring your wares to local farmer's markets or craft shows to get your name out there.
Make money online by creating content for websites like Demand Studios, Textbroker, Brighthub or similar websites that pay for blog, article, video and editorial content. You can work as much as you want upon acceptance and make $300 or more every month.
Find a part time job that won't conflict with your regular work schedule. Look for bartender, waitress or other weekend food service jobs where you can earn tips and hourly wages. Coaching and refereeing for local sports leagues can offer wages for weekend work.
Reduce your spending and cut back on luxury items to save more money. Use coupons, store sales and other deals to stock up on necessities. Eat in as often as possible to avoid high-priced dinners at restaurants. Shop around at different stores to make sure you are getting the most for your money.
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How to Sell Bibles
Target the right market. You don't want to approach someone to purchase a Bible who doesn't follow the Christian religion or wasn't religious at all. Make your sales pitch to those who you know would be interested in this type of purchase. Approach people at your church, or other churches. You could also set up a storefront to sell Bibles or sell them online, depending on how far you want to take your business.
Display knowledge of your product. You can't effectively sell Bibles if you don't know the differences between the various versions. For example, the King James version of the Bible differs from the New International Version in terms of how verses are worded and the language used to communicate the various lessons. Some Bibles are geared towards specifics demographics, such as teenagers or women, with short stories and anecdotes found throughout. You need to know the difference between each version so that you can sell the right type of Bible to your customer.
Suggest additional supplies to accompany the Bible. According to Thomasnelson.com, 75 percent of the time, when a customer is presented with the option to purchase an add-on--such as Bible cover or religious reference dictionary--he will purchase it. Offer a variety of accessories meant to help your customers both take better care of their Bibles and/or that can translate authentic terminology.
Offer Bibles in a range of price ranges. Consumers may not always be able to afford the best Bible if it costs too much money. Therefore, as a knowledge Bible salesman, you need to show them other options that are just as effective in terms of the information contained within, but within the parameters of their specific budget.
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Sunday, September 6, 2015
How to Earn a Degree at Home at Your Own Pace
Identify exactly why you're seeking a degree. Are you interested in personal growth for its own sake, or is this degree intended for career advancement?
Determine what degree would be best for your purposes. At the undergraduate level, you might pursue an associate's degree (which normally takes full-time students approximately two years to complete) or a bachelor's degree (four years). You also need to figure out what course of study you prefer, i.e., business, communications, liberal arts, etc.
Search for an appropriate online college using College Navigator, an online database maintained by the U.S. Department of Education. Be sure to click on 'More Search Options' and click the box labelled 'Distance Learning.'
Examine each of the search results to find the most appropriate school. Factors to consider include the rigor of the program (look especially at the accreditation status), tuition and financial aid, and the retention rates. The 'Admissions' tab will offer information on standards for successful applicants to the program.
Apply to the program of your choice. Once you're accepted, you'll be able to proceed with earning your degree at a pace that fits your lifestyle. Some students may only take a course or two at a time, while others are able to handle heavier course loads.
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Saturday, September 5, 2015
How to Make Money by Telephone
Become an independent contractor for a direct sales company such as Avon or Mary Kay. As an independent contractor, you can work from home using the telephone to reach new and existing customers.
Set up in-house product demonstrations or arrange meetings with potential buyers. Contact a potential buyer to schedule the demonstration, and answer any preliminary questions, such as what to expect during the demonstration and how orders are placed.
Print business cards and other marketing materials once profitability is high. Business cards and other marketing materials allow you to spread the word about your products to potential customers. Include contact information and hours of operation to avoid unwanted early-morning and late-night calls.
Follow up on all completed orders. Establish a rapport with your consumer base with good follow-up. Ask each customer to rate his level of customer satisfaction, and ask if you can follow up in the future with special promotions. Explain that all communication will take place over the phone and that there is no commitment to buy.
Ask customers to provide specific instructions for how follow-up communication is to be conducted. For example, one customer may request follow-up communication by phone within one month after the purchase date, while another may request no follow-up communication at all.
Replenish your inventory. Contact your distributor to place a phone order for new inventory. Consider your current rate of profit before placing a new order.
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How to Sell Dish Network Services on the Internet
Do online research on various Dish Network Affiliate Sales programs. There are many such affiliate offers on the Internet from companies including VCMSatellite.com, AffiliatesScout.com, and SatelliteSales.com. Each company has its own affiliate system and agreement. Check the commission rates paid for each Dish Network customer you bring to them and all the details. Read the affiliate agreements and contracts carefully. Be sure you understand what you can, and cannot, do as an affiliate—and when and how the company will pay you commissions.
Sign up with the firm of your choice and receive any support materials they provide to affiliates. Study the information carefully. Note the rules and policies regarding how you can advertise your Dish Network subscriptions. Some sales tactics, like mass email programs, may be prohibited by your affiliate partner.
Register the domain name of your business. Choose an available domain name that has the word “Dish” in it. Make sure you only purchase a “dot com” name, and one that is short, easy to remember, and does not contain strange spellings, dashes or “_” underline marks. One good idea is to “localize” more than one Dish sales website: Create a website for every major town within 100 miles of your location and name each of them separately such as “MapletownDishTv.com,” “OaksvilleDishTv.com,” and “WillowbrookDishTv.com.”
Sign up for a domain hosting program. In most cases, the domain registrar company will also offer you a hosting package for your website. Simple hosting packages can be purchased for less than $10 per month.
Design and deploy your Dish sales website or websites. Make your website(s) professional looking. Make it easy for potential customers to sign up for services through you, using whatever means your affiliate manager assigns to you. Some affiliate programs pay you commission when the customer enters your unique “Promotional Code” during signup. Other programs link your website to their website and you are credited when customers enter their site through your web gateway.
Create the website so that visitors feel they are dealing with the legitimate Dish sales contractor for their area. If your website is named “WillowbrookDishTv.com,” for example, include plenty of localized references in the website so that Willowbrook residents will feel that your company sells Dish Network for their town. Include pictures of local landmarks or references to local sports teams to promote this sense of “local.”
Create Google Adword accounts for all your Dish network sites. Combine the name of your town or region, plus the words “Dish” and “Satellite TV,” in your keywords. An example of good keywords would be “Willowbrook, IL,” “Dish Network,” “Satellite TV,” and “new subscription for Dish Network.” When a potential customer conducts a Google Search for any of these keywords, your listing will appear in the results. The number of times your listing appears, and the ranking of your listing, will depend on the amount of money you budget for the program. If your competitors budget more money for the campaign, their listings will appear more often than yours will.
Find other ways to market your website locally—that are permitted in your affiliate's contract. All your marketing efforts should promote visits to your website.
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Friday, September 4, 2015
How to Make Money As a Notary Public (5 Steps)
Make sure you have all the necessary qualifications and met all the necessary requirements. Before you can start making any money as a notary public you will first need to make sure you have met all the necessary requirements by the state office to practice notarizing documents legally. While each state has similarities in fees and licensing requirements, every state also has significant differences in the appointment process, length of commissions, and the powers and duties of a notary public in your home state.
Get your name out there. After becoming a notary public, the most important thing you can do is to market yourself appropriately to effectively solicit business. You can do this by placing ads in your local yellow pages, or in the classified sections in your local newspaper. You can also market yourself on the Internet by creating a website that lists your duties and subsequent fees as a notary public.
Specialize in Internet Marketing. For any notary public to generate any kind of business, they will first have to effectively get their name out there. One of the best ways to do this is by effectively using the Internet to market your services. You can do this by creating articles, or web content or your web page, that will boost the visibility of your site in the search engine rankings. You can also look into hiring a professional internet marketing company that specializes in boosting web presence, and can help to get your name on the top of every search for notary public's in your area.
Travel to wherever your needed. According to a publication on NotaryPublicInfo.com, one of the best ways for notary publics to generate business is to be willing to travel to take on as much business as possible. While many cities have their own notary public services widely available, many do not, and offering your services outside your area can be a great way to generate business. Because you will be able to charge for travel expenses it will cost nothing to you, and you will most likely be able to charge more for your time and trouble.
Charge the maximum fee. Because many notarial acts may be for only $10-$20, you will want to get the most out of your services per signing. This is why it is a good idea to consider charging the maximum fee for specific services, if you know that they may be on the lower end of the price range. Because many of notarizing fees may be quite low, it is almost necessary to consider charging the maximum amount if you want to make a decent income.
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How to Make Money on eBay as a Full Time Seller
If you are new to eBay, you will need to open an account and learn how the site works. Visit to take the eBay Seller Audio Tour. (Visit http://pages.ebay.com/education/howtosell/index.html)You will also want to buy a few things on eBay before you try to sell anything. You will need to build your feedback score. Most customers are not comfortable buying from a seller with zero or very little feedback. Take some time to learn about the site and establish your reputation.
Next, decide what you will sell. Investigate different options for obtaining your inventory. (See my eHow article titled, 'How to Decide What to Sell on eBay.')
You do not need to work with a drop shipper or wholesaler. You can easily find items to sell at thrift stores, garage sales, flea markets, consignment stores, drug stores like CVS and Walgreens, and WalMart. See the articles on the sidebar for further information on where to find your inventory.
Start off small and slowly. Experiment with different products to find out what works best for you. Set goals for yourself regarding how many items you will list each day or week. Once you start making a profit, reinvest the profits to purchase more inventory and grow your business at a rate you are comfortable with. Ease into your eBay business, you cannot build it overnight.
Have a back-up source of income for the first few months. You may want to take on a part-time job to supplement your eBay income until your business takes off. eBay is like retail - it is cyclical. Some months will be better than others. Your eBay income and profits will fluctuate from month to month. Give yourself some time to understand the cycles of eBay and how the money flows before you depend on eBay for 100% of your income.
Don't put all your eggs in one basket. The consumer market can be unpredictable. Offering a variety of products will enable you to cross-sell to existing customers, as well as attract new customers. For example, if your main product line is clothing, you may also want to offer shoes and accessories. If your main product line is baby items, offer maternity items, prenatal vitamins, early childhood learning products, or child safety products.
Be prepared to evolve with eBay and the changing consumer market. If you don't have success at first, don't give up. Most eBay sellers fail because they give up too quickly. Ask for help. Try different products. Do research on the internet. There is no one magic product that sells for big profit all the time. (If that was the case, everyone selling on eBay would be rich.) Don't be afraid to experiment and try new things. You may have to adjust your key words, change your photos, revise your item description, or fine-tune your pricing to find a formula that works. eBay is about evolving with the market, understanding what customers want, selling the right products at the right time, and experimenting.
Expect to work at your eBay business just like you would at a traditional job, maybe even more. Many people think that eBay is just sitting at a computer watching the profits roll in. Nothing could be further from the truth. Many sellers fail because they expect success (and big money) too quickly. It takes time to build your eBay business. Be patient, work hard, put in the hours, and the money will come.
Find support groups and talk with other sellers. If you are having a problem with a customer or an issue with eBay, chances are that another seller has 'been there, done that' and can offer advice or a solution. Don't be afraid to ask for help - plenty of experienced sellers are out there and are more than happy to help a newcomer. Look for eBay groups on Facebook, Yahoo Groups, Google Groups, and the WAHM.com message board.
Continue to educate yourself. Read blogs about eBay selling, check the eBay announcement board, listen to podcasts, look on YouTube for videos, and network with other sellers. eBay changes every day. Keep your eyes and ears open for news about the eBay marketplace that may affect your business.
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Thursday, September 3, 2015
How to Make Money and Get Rich with Passive Income
Invest in stocks. Stocks appreciate in value, pay dividends and are a great source of passive income. Stocks make money in such large quantities that, overtime, they could eventually replace your income.
Buy Bonds. Bonds provide passive income in the form of interest payments. Essentially, buying bonds is lending money to a business. In return, you make money by collecting interest every year. At the end of the loan, you receive the original amount you lent out.
Collect royalties. Royalties are stems of passive income paid to people for the usage of a certain asset. Often times, royalties are collected by writers, actors, inventors, and owners of land and patents. For example, imagine you own a piece of land that has large quantities of marble stone. If you rent the land to a marble factory that mines and sells the stone, you could collect royalties from all the marble it sells.
Buy real estate. Real estate is a great way to make money and earn passive income. Real estate provides money in the form of rent and also appreciates in value over time.
Open a business. Building a business is a great way to earn passive income and get rich. However, it is a bit more difficult and involves a lot of upfront work.
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