Is it possible to start a home-based business on line for free? Well, that all depends…What kind of business?
The first thing that determines the cost of starting a home-based business is what kind of business you go into. If you are going into a multi-level marketing (MLM) company, then there will be an enrollment or start-up cost, probably an annual fee, and there may even be product inventory requirements or, at the very least, minimum monthly purchases in order to qualify for commissions.On the other hand, if you have decided to go into affiliate marketing — selling other’s products either physical or digital — the costs, if any, are minimal. It doesn’t cost anything become an affiliate.How are you going to get leads?
No matter what type of business you go into, without leads or traffic, you’ll get nowhere fast.The costs involved are dependent upon how you advertise. Are you going to use free methods? A free blog, article and forum marketing?Are you going to purchase leads that you will then call or email regarding your business opportunity or products?Are you going to purchase a website and maybe use some pay per click (PPC) advertising to drive traffic to your website?How are you going to communicate with leads?
Did you know that studies show most people don’t purchase something as a result of the first contact? Most people wait until they feel comfortable with the seller before they buy. They need to have a relationship with them. The published average out there is that someone will usually buy after the seventh contact. So, it’s very important to collect information on your prospects so that you can continue to communicate with them and develop a relationship with them. Otherwise, they will likely buy the product or service from someone else.Are you going to communicate solely through your website and/or blog?Are you going to use an auto-responder to keep in touch with your leads? There are both free and paid versions available.Are you going to do any direct mail (postcard or letter) marketing?Starting a home-based business can be an expensive venture. There are a lot of options out there, and there are a lot of people who will try to sell you on those options because that is their business, that’s how they make money. My recommendation is to start out for free or on a shoe string, and then reinvest your earnings into products that will allow you to automate and simplify the process. Don’t go for all of the bells and whistles at the beginning, or you may find yourself deep in debt and discouragement, and working so much overtime (or a second job) to pay your bills that you have no time to devote to your business.Don’t know where to start, click on the links below. I’ll help you get started with little to no money. I respond to every sincere comment and email I receive.
Is it Possible to Start a Home-Based Business Online For Free?
A Simple Product Creation and Product Launching Formula
If you tried to think of people involved in product creation, who would come to mind? You may think of Edison, Franklin, or maybe Henry Ford. Would you ever think of yourself as someone who can create a quality product? Product creation is actually relatively easy and product launching is not that tough either! If you follow a few easy to understand steps, you could be starting the product creation and product launching process sooner than you think.
The first step in creating your information product is to know and understand your market. This can be very time-consuming, especially if you are unsure of what to do or where to look to know your market. Studying your niche market and understanding the buzz words and buying patterns can ease the process dramatically. Personally, I would recommend networking with someone who has had success in the niche market you are considering and learn from their results. If they are into product creation and not very business savvy expect some hesitation. If they only sell products and have nothing to do with product launching or product creation you may your first affiliate (sales person)! Something else you can use to find hot trends is with the Google Trends tool.
The second step is the product creation process. Take your niche market and brainstorm ideas and topics relating to it. There are a lot of product launching contests going on recently relating to a newly created internet marketing tool. There are so many aspects to the mentioned niche that literally, and unfortunately, anything can be considered an Internet Marketing tool. The reason that anyone can basically create an Internet Marketing tool is because of something called Private Label Rights products.
What I use private label rights products for, and highly recommend them in this specific manner, is to cure writer’s block especially when it is lingering. Many people base their entire product creation and product launching on a private label rights product. This is where you can start to shine and build a strong brand for yourself. If you set goals for yourself, short-term goals to be exact, you can see your product creation come into being much faster and there is a good chance with less revision needed. If you keep hitting time restraint road blocks; however there is nothing wrong with a slow and steady approach, you can consider outsourcing portions of your project. Outsourcing can be an extremely huge benefit or just as great of a disaster.
You can find someone to outsource work to at a freelance site such as Guru.com or eLance.com. When reviewing proposals it is almost mandatory you perform a background check on them as you are in essence hiring them. Doing a background check on freelancers is as easy as asking for samples of their work and reviewing feedback on the freelance site from previous customers. Depending on the size and requirements of your project this can add up to a decent sized investment, so caution is very important. One tip I always recommend to people looking to hire an individual is to ask them what they can provide you that no one else can. This simple question gives them a chance to “toot their own horn” and acknowledge where they feel most competent as far as their skill set.
The final portion of the product creation and product launching formula is the launch. This can literally make or break the effort, time, and maybe (if you invested) money you put in to your project. There are numerous aspects to product launching and although their relevance is debated in terms to their effect, experts agree all must be followed. The person in your field who you asked for product advice from can help you substantially if you have kept in touch. If not, the first thing you need to do is to create a visually appealing website with flawless design work.
I also mentioned outsourcing before, this is one aspect of product launching I have little strength in and I always outsource this portion. The website does not have to be large however the content (ad copy in Internet Marketing) must be stellar and as perfect as possible. This is where advertising knowledge or experience is beneficial. When the site is set up you now put a lead capture form on your website.
I put two lead capture pages on all products I create on the internet and is one of the best methods of getting a solid start when you are in the product launching stage. When you gain information from a prospect or someone looking to get paid for referring sales you are able to provide them updates or specials. Many people abuse their prospect or affiliate lists by in turn emailing them with a new product daily and I find the recommendations to be totally unrelated to their original need, problem, or interest.
Another stage in the product launching stage is creating a free report or demo version of your product to entice the product to sign up to your email list. Using proper follow up with this can help generate numerous sales for you. One thing you need to ensure is that your free product completely relates to your main product that you are looking to sell.
You are now ready to advertise your product launching to customers as well as the opportunity to sell for affiliates. This is the single aspect that many product creations and launches fail on. It is actually not entirely difficult. One thing you can do is write articles (and a good amount of them) on topics relating to your product. I am a huge advocate of giving a solution in forums. When you join a forum you are normally offered the opportunity to create a signature. In your signature, you should enter the link to your opt-in or lead capture page. When you respond to posts, you are advertising your opportunity.
It is not impossible to create a product and it does not have to take a long time. You need to setup a plan and stick to it. If you get stuck, look at similar and successful products to your own and try and see how they did it. When you sit down and brainstorm you will be surprised with what you can imagine.
Real Estate Law – Understanding Buyer’s Agency and Subagency Relationships
Real estate law is not the easiest kind of law to understand. Whether you are buying or selling a home it is vital that you choose a legal professional to represent you who is able to meet the needs that you have. You have options for representation when it comes to property transactions. Once you understand your options in terms of agency relationships you will then be able to choose the one that is most fitting for you. The important thing is that you find a legal representative who will do everything in his power to ensure that your rights are protected, whether you are buying or selling a home.
One kind of agency relationship is known as buyer’s agency. If you are purchasing a house then you can hire an agent for yourself who will represent you and only you. This person is known as an exclusive buyer’s agent or representative. Real estate law in this case states that the buyer’s representative would owe you what is known as a fiduciary duty and would work in the best interests of you, the client.
If you wish you can choose to pay the buyer’s agent yourself or if you prefer you can ask the seller or the seller’s agent to see to it that your agent receives a share of the commission from the sale of the dwelling. This is up to you.
On the other hand if you are selling your house and decide to hire the services of an agent who will list it exclusively for you then you have hired an exclusive selling representative or agent who will owe duties of a fiduciary nature to you. In most cases you would see to it that the selling rep receives a commission when the sale closes.
Most selling representatives will agree to pay the buyer’s agent a percentage of the sales commission. Real estate law stipulates what the rights of both the buyer’s agent and the selling agent are. It is worth knowing though that if the selling representative finds a buyer then this agent is entitled to keep not just a portion of the commission but all of it.
In real estate law another agency relationship you may think about entering into is known as a subagency. When you buy a house the agent you may decide to work with may not actually be a representative or an agent but maybe what is known as a subagent of the seller. The subagent will represent the seller and the agent of the seller and will act in the best interests of those individuals.
If the agent you hire is a subagent then you can expect to be treated respectfully and honestly but you need to know that this person’s greatest loyalty is to the seller (s) and the seller’s agent. When you hire the right professional, you’ll have the advantage of real estate law knowledge on your side.