Cash Flow

Written by Bob Osgoodby

Continued from page 1

So - assuming you found such a company, it is time to investigaterepparttar feasibility of you going into business with them. They providerepparttar 118000 product or service, and you must set yourself up in business. Here is whererepparttar 118001 cash flow comes into play.

Can you affordrepparttar 118002 monthly amount you pay them? Can you afford to promote your relationship with this business without immediate income? Ifrepparttar 118003 answer to either question is "no", you'd be well advised to reconsider.

Ifrepparttar 118004 answer is "yes", how are you going to promote it? Most companies recommend you exhaust your "warm market" first. Your "warm market" is your circle of family and friends that you might convince to join in with you. Eventually however, you are going to exhaust this market and must start seeking people outside that circle.

One way to attract new people is inrepparttar 118005 online arena. While this will not replacerepparttar 118006 "face to face" contact that is necessary, if it is done correctly, it can add a valuable source of additional income.

Many people makerepparttar 118007 mistake of using a web site supplied by their company. While this can be a valuable tool, it really ties you into their product. If you get your own site, you can use it to highlight your offerings. It is of course necessary to advertise your web site, and ezines and newsletters usually give yourepparttar 118008 best return on your investment. With a modest investment on your part, you can realize a decent return.

Usually, for less than a few hundred dollars, you can get a web site and advertise in ezines targeted to your potential market. Most people can afford this without counting on their cash intake to coverrepparttar 118009 expenses. Determine what you can spend out of pocket to make something like this work. Then, as your cash flow improves, expand your advertising to include a broader market.

While this is a modest start, it doesn't put you inrepparttar 118010 position where you must realize income to make expenses. Above all be patient and realize it will take time and effort to realize your goals.

Bob publishes the free weekly "Your Business" Newsletter Visit his Web Site at to subscribe. As a bonus, get 40,000 FREE E-Books from Larry Dotson, when you visit

The Dabbler

Written by Bob Osgoodby

Continued from page 1

Willrepparttar new policy of Yahoo help? I think so. A lot ofrepparttar 117999 "garbage" will disappear, and you will find instead ads from folks who are serious about doing business. Willrepparttar 118000 other search engines follow Yahoo's lead? I would imagine so. So what will this mean?

If you combine this thought, with that of many ofrepparttar 118001 major companies abandoning their web presence, it will mean that more people will find your site. This is indeed, a golden opportunity to establish your business onrepparttar 118002 web. But you can't expect to "throw up" a web site and haverepparttar 118003 world beat a path to your door.

You must first establish a business plan. What will you market? What will it cost - who is your competition - what isrepparttar 118004 pricing for comparable products? These are all questions that should be answered before you take step one.

If your answers torepparttar 118005 above questions are positive, get your own domain and build your web site. If you can't do it yourself, hire a qualified firm to do it. Unless you are a "dabbler", expect to spend a few thousand to get your web site up and running, register it withrepparttar 118006 search engines, get a merchant account to accept credit cards online, and begin advertising.

When you think about it, if you are serious, this is really a small expenditure to start a business. If you're not serious forget about it, and consider a different part time enterprise. You will probably make more money "flipping burgers" at your local fast food establishment, than you will forrepparttar 118007 time you spend trying to develop a "zero cost" web presence. The old adage - "you have to spend a dollar, to make a dollar", is true more than ever.

Will it take some time? Absolutely - how long depends on what you do. A couple of months might be a conservative estimate. But you can't lose heart, and likerepparttar 118008 "dabbler", try some other cockamamie scheme when you don't make your first million in 90 days.

Bob publishes the free weekly "Your Business" Newsletter Visit his Web Site at to subscribe. As a bonus, get 40,000 FREE E-Books from Larry Dotson, when you visit

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