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Turning a Hobby into a Business
The step from hobby to business is a matter of setting up yourself to sell the things you collect, and then doing that selling in volume. If you're a serious collector, you're probably already using eBay to purchase items for your collection's the world's largest marketplace for collectible items, after all. Well, if you can buy collectibles, you can sell them, too. And there's your business model.
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selecting the right business name
Ask 500 people already in business how they decided upon their business
name and you will get 500 different answers. Everyone has a story behind
how they chose their own business name. Even if the business is named after
their own birth name, there's a reason why this was done.
When you open a business, in a sense, you are causing a new birth to begin.
This new birth was created from an idea alone by you or your associates. It
will have its own bank account, it's own identification number,
it's own income and it's own bills. On paper, it
is another individual! Just as if you were choosing a name for your own
unborn child, you need to spend considerable time in deciding upon your
business name.
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Why You Need to Keep Good Records
How profitable is your business? You'll never know if you're not keeping track which is reason enough to set up some sort of record keeping system.
Keeping records can be both a defensive and an offensive activity. It's defensive in that you have key information about your business in case you ever need it in the future to answer a query from the IRS, for example, or to investigate a customer complaint or notify customers in the case of a product recall. It's offensive (in a good way) in that you can use this information to generate more sales, by selling additional items to your existing customer base.
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How Big Is your business?
As you can see, it costs more (in both time and money) to run a bigger business than it does to run a smaller one. At some point you'll need to ask yourself just how big you want your business to grow. Do you want to run a $50,000/year business that takes 80 hours a week of your time, or limit yourself to a $30,000/year business that you can manage in an eight-hour day? Is growing your sales worth the hassle of hiring an employee or two or renting warehouse space, or can you be happy with a smaller home-based single-person business?
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how to build a business with attitude.
With the proper attitude you can turn a mediocre business into a dynamo, or start a new business with style right out of the gate. Here are five key ingredients to building a business with attitude.
Starting and running a new business can be frustrating. There are times when you wish round pegs would fit into square holes. And occasionally you wonder why round pegs don't fit into round holes. Things don't always go as planned.
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Google Adsense cash puller
If you need more money to your current income, Google Adsense is your answer., simply displaying Google Adsense ads in your website you will earn cash when someone click on the ads. You need a website that concerns a fair amount of populace, but that is just the beginning. It is important that you strive hard to bring sizable traffic to your site.
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Writing for Cash: What is Orble and how does it work?
Welcome once again to my continuing series of Internet articles: “Writing for Cash!” The purpose this article and the series as a whole is to “bring to life” not only the idea but the process of making money online through Internet article writing. In this installment we are going to discuss a web property known as Orble.com and how it fits into the internet article writing income strategy. Lets have a look-see!
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