Considerable Factors Involved in Product Creation & Marketing

The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.

Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.

The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.

It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.

Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.

The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.

People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.

Home Based Business

This is an interesting topic which I personally love to discuss. The other day I was visiting my friend and we were generally discussing about new ideas of business. It was than we ended up discussing about home based business ideas. Yes, you heard it right, we were discussing about home based business ideas.Today, having a family and being with them is what we all long for. If most of the time we are away from our families working for someone and doing a 9 to 5 job, what remains with us for spending quality time is hardly anything viewing the time it takes to reach home after bypassing heavy traffic and other chaos enroute on our way. That is when we though about beginning some home based business.We both came across some cool home based business ideas. Apart from our profession, we have listed down few of the common home based business for self employed entrepreneurs.1- Accounting – Since we both are from Accounting background, we were planning to set up an Accounting business at home, where we can contact companies and prepare their financial reports, accounts receivables and payables, tax planning, payrolls, balance sheet etc. This will allow us to work peacefully within home environment and without much distraction. What we will require is a separate telephone connection, a computer with an internet connection and a fax machine.2- eBay – If you love online auctions, than this is one great home based business idea. Whoever is willing to sell their items such as a car, bike, boat, or even houses can contact you to place their advertisement on eBay. Get clients, show them the item and make a decent commission on the sales made by you. Believe you me; this is something that can get a person addictive to eBay.3- Pet Grooming Centre – I have personally seen my friends who have started their own pet grooming centre at home. All it takes is just 1 pet per day. And mind you, people don’t mind paying pet groomers any amount as long as their pet is happy with the groomer. A little bit of experience and a pet training course is mandatory but nevertheless, this can be one enjoyable job and one of the best home based business ideas.4- Answering phone call business – Many clients whose calls are transferred to a voicemail often hang the phone without the need to speak on voicemail. This happens when the business hours are over or when the proprietor of the company is traveling. During such period they want someone to attend their business calls and inform them accordingly. You will need a separate phone connection and good diction of English language and local language to begin this business. If you can get 3-4 such clients, you can definitely make good income.5- Freelance photographer – If you are one among the few who are frequently complimented for beautiful photographs, this can be some of the great home based business ideas as freelance photographers can even auction their photographs over eBay or even conduct photography exhibitions where people can view and purchase the photographs at a premium paid to you. You will require a SLR high resolution top of the class camera for this business.

Hiring a Property Manager, Is It Worth It?

I am often asked is hiring a property manager really worth the money? My answer is it depends.

The most common tasks associated with property management include collecting the rent, responding to maintenance requests and handling all of the paperwork such as the lease and disclosures. Although these duties are valuable, I don’t believe they are the most valuable services a property manager has to offer. In fact, I think the 3 MOST VALUABLE services a good manager can offer are often overlooked. So what are they?

The 3 most valuable services a property manager can provide you are:

1. Act as a neutral party between owner and the tenant.
2. Save you time.
3. Protect your privacy and your property.

Why? Because when it comes down to it property management is less about managing the property and more about managing people. Sure, the property has its requirements, but the property doesn’t clog the toilet or beg to have a late fee waived. PEOPLE DO. Situations involving tenant relations is where a property manager can really shine.

Reason # 1

If you decide to manage the property on your own and deal directly with the tenant they will always know you have complete control and final say over enforcement of your end of the lease. When the tenancy is peachy-keen and everyone is happy this isn’t a problem, but the moment the rent comes in late is where the rubber meets the road and things can get rocky. So there you are, it’s the 5th of the month and still with no rent. As part of the lease a late fee is now due and so you send a notice to notify the tenant of the late fee being assessed. Next thing you know you get a call from your tenant and they want YOU to make an exception. They tell you they’ve been a great tenant, they always pay the rent on time, they’ve been a good neighbor and that they have even done maintenance around the house. Now you have two options, make an exception which would set a new tone for the relationship and may encourage future bad behavior, or stick to your guns and turn your good relationship with your tenant sour. Remember the tenant knows you have final say and will take your decision to not be flexible personally. Suddenly you’re no longer on their nice list and they won’t be going the extra mile for you in the future. Either way you go, you loose. This is where having a property manager can be great. The manager can politely tell the tenant it is their job to enforce the lease and although they wish they could give the tenant a break, they have to comply with fair housing laws and treat everyone the same. The tenant may not be happy with the outcome, but it is a lot easier for someone to understand another person “just doing their job” than a landlord they perceive as being greedy and ungrateful.

Reason # 2

It may not seem like it, but managing a property can be a time intensive task. Collecting the rent requires you to keep a record and make a trip to the bank. Maintenance requires you spend time building good relationships with contractors in the area, scheduling maintenance, doing follow ups to make sure the work is complete and paying the invoices. Individually these things may not seem like much, but together they can eat away a lot of valuable time you could be spending with friends and family. Instead of handling it all yourself you could hire a property manager to take over these duties and regain the most valuable asset you have, time.

Reason # 3

In this day in age privacy is priceless. The last thing you want is a disgruntled tenant showing up at your home during dinner because they are unhappy about a fee they’ve been assessed. By hiring a property manager you can prevent this situation from arising. Instead of you, the manager will be in charge of collecting the rent and all related charges. By having a manager they can shield you from unpleasant experiences with your tenant and provide you with the privacy you deserve.

If you are considering renting your home please ask yourself the following?

1. Do you have good people skills and can you enforce the lease while preserving the relationship?
2. Are you OK with spending the free time you have on your property?
3. Do you value your privacy?

Depending on your answer you may want to consider hiring a property manager in your area.