Practical Money-Saving Tips For Small Businesses

Written by Diane Hughes

Continued from page 1

While payment services normally have reduced fees, they do have higher "per transaction" costs so you'll have to do some math to find out if this is a good idea for your business. Just take an "average" invoice amount from a sale and multiply it times 12 to get a base total to work with. Now, add in your 12 months worth of fees for statement, monthly access, discount percentage, per transaction cost, etc. This is your "example" total. Dorepparttar same with several payment services using their costs to see which one, over time, would be less expensive for you.

If you were paying a $15 statement fee, $20 monthly fee, 3% + $.35 per transaction and $25 monthly gateway fee, your annual expenses would be $742.20 for an average transaction of $50.00. Your annual fees for a payment service with 3.5%, $1.00 per transaction and a one-time $50.00 set up charge would only be $83.00 per year. [Savings of $659.20 per year.]

3) Re-evaluate Your Long Distance Costs - Competition is repparttar 117711 small business owner's friend! With hundreds of long distance companies out there, you can drastically reduce your charges instantly. Again - userepparttar 117712 'Net to search for inexpensive long distance service. A business owner I know changed from a MCI "program" to one of those 10-10 companies and reduced her per minute charge from $ .07 to $ .05. Depending onrepparttar 117713 volume of calls you make, some programs offer rates as low as $ .03 per minute. [Estimated savings of $20-$30 per year for 1,000 minutes.]

From just these three little things, we've saved an estimated $802.60 per year. That's enough to make anyone's spreadsheet sing! Go through your list of costs and you will most likely find other expenses that can easily be reduced with a bit of research and a phone call or two.

Diane Hughes is an accomplished internet entrepreneur and editor of the popular ProBizTips Newsletter. Subscribe to her newsletter for more tips, tricks, and secrets of the trade -- plus get HUNDREDS of eBooks, software and tools just for subscribing!

Plan for Success

Written by Jill Black

Continued from page 1

1. Isrepparttar writer a recognized authority onrepparttar 117710 subject covered?

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The habit of believing something onrepparttar 117718 basis of little or no evidence is a major human fault to be avoided especially with repparttar 117719 over abundance of information that is so readily available.

Success is always an internal thing and external trappings are symbols of what has first taken place at an internal level. If you really want your business, either offline or online, to be a success you will always find a way to make it work. With motivation and a big enough reason you become unstoppable.

Goals are what you want, outcomes are what you create. Setting outcomes isrepparttar 117720 key to taking your insights and resources, forming a plan of action and setting out to achieve what you truly want.

Some common areas that prevent people from succeeding are:

1. Inability to manage their finances well.

2. Making bad choices for themselves.

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4. They do not know how to set outcomes for creating what they want.

5. They are lazy and would rather procrasinate than takerepparttar 117721 necessary action to ensure success.

Unless you act, outcomes remain nothing more than dreams. It is likerepparttar 117722 person who say's "I am a writer" but never actually writes or completes any writing projects they have undertaken. There are also people you simply loverepparttar 117723 idea of an interenet business but are not prepared to follow through with all that will be required for them to turn ideas into financial profits.

There is a saying "the past does not equalrepparttar 117724 future" Determine what it is you truly want and where you are going then you will be truly unstoppable withrepparttar 117725 biggest success stories yet to happen in such young internet business environment.

To learn more about running a home based business visit "Net Writing and ePublishing Success" the resource center for writers and e-publishers offering ebooks, articles, courses and more for working online from home.

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