Multiple Streams of Income and Money-Making Options

Written by Angela Wu


'Multiple streams of income' is often trumpeted about as one ofrepparttar biggest advantages of doing business online. There's no doubt about it; even a bunch of 'little' cheques can add up to a solid income every month.

The problem occurs when people try to build multiple streams of income all at once. It takes time and hard work to build *anything*, and that includes an online business. Here are a few common ways to make money online ... choose a path and put forth your best effort.

= Promote affiliate programs. Many people build websites centered on selling a core group of affiliate products or services, where they earn a commission for every sale made. Allrepparttar 106894 billing, inventory, shipping, and customer service is handled byrepparttar 106895 affiliate company. An excellent directory of affiliate programs can be found at http://www.associate-it.com/ .

= Purchase resell rights. Instead of working on commission, buyrepparttar 106896 resale rights to a product (or group of products), resell it to your own customers and keep 100% ofrepparttar 106897 profits. This way you avoidrepparttar 106898 costs and hassles of developing your own product ... however, you're typically responsible for handling allrepparttar 106899 marketing, delivery, customer service, and everything else that comes with taking orders. One place to find resellable products is http://buildyourhomebiz.com/resell.html .

= Offer a service. Services are highly customizable, and as such, you can charge onrepparttar 106900 high-end ofrepparttar 106901 price range depending onrepparttar 106902 level of personalization you offer. The downside is that service businesses are limited byrepparttar 106903 amount of time you have. Freelancing is just one way to get started inrepparttar 106904 service business; it gives yourepparttar 106905 opportunity to build both your reputation and a customer base. A good freelance site can be found at http://homebasedwork.com/freelance.html .

5 Key Factors to Consider When Selecting an Outplacement Firm

Written by Ann Hackett


With today's economy, more and more companies are finding themselves faced withrepparttar situation of having to reduce headcount to remain competitive. Here are five key factors to consider when selecting an outplacement firm if your company is ever faced with a workforce reduction.

1. Types of Services Provided.

One decision you will need to make regarding outplacement is whether your displaced workers would benefit most from group or individual one-on-one outplacement. Forrepparttar 106893 majority of outplaced employees, if your budget permits, individual outplacement isrepparttar 106894 preferred option since it provides one-on-one support that will help them move forward more quickly than they would on their own.

If you decide they would benefit most from individual outplacement, you will then need to determine what services would be most valuable to your displaced employees. One option would be to select an outplacement firm that develops their resume and cover letter for them. Another option would be an outplacement firm that offers office space and a computer forrepparttar 106895 displaced worker to prepare their own job search materials. 2. Areas of Specialty.

Another factor to consider when selecting an outplacement firm is whether it is important to you that they have experience working withrepparttar 106896 type of displaced employees you will be sending them. A related factor is whether it is important to you thatrepparttar 106897 outplacement company specializes in dealing with companies like yours.

If their areas of specialty are important to you, reviewrepparttar 106898 outplacement company's web site and other marketing materials to see what their specialty is or ask them directly. If an outplacement firm's expertise lies in serving large companies displacing administrative staff and your small business is displacing experienced managers, this outplacement firm may not berepparttar 106899 best fit for you.

3. Experience with Current Job Search Practices.

How important is it to you thatrepparttar 106900 outplacement firm be experienced with Internet job search techniques? Is it likely thatrepparttar 106901 Internet will play a key role in your displaced employees' job search strategy?

If you determine that Internet savvy is an important evaluation point for an outplacement firm, check to see whetherrepparttar 106902 outplacement firm recognizesrepparttar 106903 importance ofrepparttar 106904 Internet by having a web site. Are they aware ofrepparttar 106905 top online career sites? Do they offer a service to post displaced employees resumes on these top online career sites? Do they haverepparttar 106906 ability to distribution resumes electronically to a select group of employers and recruiters? 4. Length of Time Support is Provided.

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