Increasing Your Profits Through Re-Investment And Planning

Written by Joe Bingham


Once you've been working online for a while, or at least investigatedrepparttar idea, you'll realize that while there is profit potential it's notrepparttar 106390 open pile of treasures forrepparttar 106391 taking that many hype oriented advertisements would like you to think.

Instead, you'll realize that making profits online WILL require an investment of your time and resources -- just like any other business.

While it's true you can start with a much smaller financial investment than traditional business, you're still going to have to come up with a PLAN for your investment and forrepparttar 106392 USE of your profits.

INITIAL INVESTMENT

Jumping onrepparttar 106393 promise of immediate huge profits is ridiculous, plain and simple. Take time to consider exactly what you'll have to accomplish before you'll start to see some profits for yourself.

How many products do you need to sell or how many others do you need to recruit into your downline before your initial sign up cost is covered? How easy is that going to be to accomplish?

Dorepparttar 106394 commissions from your downline recur ever month or do you continually have to bring new people intorepparttar 106395 business? Are there consumable products that your customers will continue to buy on a regular basis or are they one time sale items?

You need to consider all of these factors and make a plan for your business. Set some goals. Your initial step should be to give yourself a deadline to make enough sales or get enough recruits to cover your own expenses. If you make your goal, then learn from that experience to set realistic goals for making profits. If you fail to make your goal of covering your own expenses or initial investment, reconsider your involvement inrepparttar 106396 program or at least your methods of promotion.

USING YOUR FIRST COMMISSIONS

What do you plan on doing with your commissions or profits when you do start making them?

Most sales copy will set you to thinking of quitting your regular job, buying a luxury car, and having time for extended vacations. Quite often it's these dreams that are used for motivation in closing a sale.

Those are noble motivations, but let's get realistic. Sure, you can get there, but not without a plan of action, and not in your first week.

So, what are your goals for your initial business profits? Are you in business to replace your current job? Are you looking for a secondary income to help with some specific bills? Or are you just interested in having some extra spending money on hand?

PubliCity Outside Your City: Outsourcing For More Affordable PR Services

Written by Todd Brabender


We all know thatrepparttar Internet has taken away geographic boundaries inrepparttar 106389 business world. The accessibility and expansiveness ofrepparttar 106390 Internet allowsrepparttar 106391 entrepreneur/business owner anywhere in North America to search outside his local yellow pages forrepparttar 106392 best and most affordable services available. This is especially true when it comes to finding PR/publicity services for your business. What it boils down to is .repparttar 106393 Inter'net can mean a 'net savings in your publicity budget.

A few months back, I got an email from a California client who discovered thatrepparttar 106394 local part-time freelance publicity specialist he had hired was charging three timesrepparttar 106395 amount I charge and providing halfrepparttar 106396 services I offered. Because of that,repparttar 106397 client hired me to work withrepparttar 106398 freelancer in heading up this nationwide campaign launch. The freelancer told me that because of West coast cost of living/overhead, he was forced to chargerepparttar 106399 higher fees -- surprisingly, he was one ofrepparttar 106400 cheapest publicity pros in that area! I have heard stories like this time and time again from clients who hitrepparttar 106401 'net in search of a cheaper alternative to PR services listed in their local directory.

That fact was drilled home to me even more when I recently took a detailed look at my portfolio of clients. I was surprised to learn that overrepparttar 106402 last few years more than 40% of my clients for my Midwest-based PR business have come fromrepparttar 106403 West coast, another 25% fromrepparttar 106404 East coast and 10% from Canada. A quick e-mail polling of clients revealedrepparttar 106405 same story over and over. They simply found it hard to locate professional, affordable PR services in their area, so they turned torepparttar 106406 Internet to find it.

Frankly, for publicity campaigns restricted to your city/region, I recommend going with a local PR specialist/firm. They typically knowrepparttar 106407 local media market best and have solid media contacts there. But for a national or industry rade specific publicity campaign for your product/business, explorerepparttar 106408 possibility of hiring a PR individual or team outside your geographic area -- especially if your product has nationwide appeal. One client remarked that he liked how our campaign brought a Midwest feel to his East coast-based business and helped him open up potential new business avenues. Another client said he looked to outsource to a small to mid-sized city PR business because, as he put it, "No matterrepparttar 106409 size ofrepparttar 106410 office, West coast PR firms seemed very plastic and glitzy, whilerepparttar 106411 East coast firms seemed to be too hectic, almost frantic." That may indeed be a huge generalization on his part, because I'm certain there are wonderfully professional PR businesses in almost every city.

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