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Submitted by: Ianny Lau

Many aspiring entrepreneurs look to starting a business in their quests to get out of the rat race.

They used to associate businesses with shop fronts, offices, factories, staff and rental. These are just way too intimating for an individual, without even considering yet foot work and admin work necessary in the preparation.

And what about money? The perceived lack of it is a major stumbling block to starting up.

The good news is that things are changing.

Today s entrepreneurs have business options that allow them head start into sales and marketing activities, bypassing all of those headaches and costs previous generation businessmen had to contend with even before the real efforts began.

That s the power of the internet today.

And since we are looking for a richer and more rewarding life, I pen my ideas of some features that carefree businesses should have. We want to be careful not to get out of one rat race only to find ourselves in another.

STARTING ON THE INTERNET

Selling over the internet is a very attractive solution to new entrepreneurs. If they don t want to, they can do away with setting up a company, and so too, an accountant and a secretary. Registrations to Ebay and Amazon.com are just a number of clicks away.

And while sourcing for serious products to sell, they can try ridding the attic of toys, clothes, wallets, magazines and gadgets. They can test water by posting wares on EBay and Amazon.com, allowing them to gauge demand, get online sales experience, explore marketing strategies and fine tune sales pitches. In the process, too, they learn what the demands and margins are for the different types of productc. Talk about killing many birds with one stone!

And very soon, with the first item sold on the net, the ball gets rolling. The item has to be delivered to the buyer as fulfillment of the transaction.

Ah, fulfillment. On a bigger scale, it includes inventory control, packaging and shipping. Logistics is costly, to say the least. It is expensive and complicated enough for an entire industry to spin out from.

This is not an exciting aspect of business. If you are marketing tangible products, I recommend that you negotiate drop-ship arrangements with the products suppliers.

NON-TANGIBLE PRODUCTS

Alternatively, you can consider downloadable or web-based products (music, ring tones, wall papers, e-learning, to name a few).

Note that the cost and effort in driving traffic to your website (that s where the referrals or sales are made) is not significantly different whether you earn $2 or $200 for commissions. For a start, however, $10-$50 is a good range to target at.

Choose branded products . Hey, celebrity endorsement works. Better still if the celebrities are part of the product. What do I mean? To cite examples, Mariah Carey is part of her music being sold. Or, when Robert Kiyosaki speaks in a seminar, he is part of the product. Such products sell by themselves. You focus on bringing in the traffic.

Pay structures vary from one affiliate program to another. Look for those that compensate you for sales generated up to 6 to 7 levels of downline, at least.

AFFILIATE PROGRAMS

When shopping for an affiliate program, your checklist should include well established systems. They should have transparent reporting of your referrals, sales and/or genealogy of downlines. Some of them allow you control in placing downlines so you can strategize effort and revenue distribution for friends and relatives who come onboard.

As support to you, the content provider should make online and offline marketing materials available. These include training, video clips, audio recordings, brochures and name card templates.

LANGUAGE

In theory, with the internet, you have access to the entire world. But in reality, your product is exposed only to people who understand the language with which your pitch is delivered. It can be very beneficial to provide language options on your web site.

For e-learning products, the courses/ modules should come translated into major languages.

REALISTIC BUDGETING

Many online subscription based products come with the marketing rights. When you pay to enjoy a particular product, guess what, that is your start up cost already!

Add domain name registration and web hosting services they hardly come close to $200.

Budget another $1000. You should have more than enough for the other tools you feel will come handy. But those come later.

Indeed, needing big capital to start a business is a thing of the past. The internet has changed the global business landscape. It may continue evolving, but internet marketing is here to stay. It is a good time to take that first small step.

About the Author: Ianny Lau is an engineer-turned-entrepreneur. He encourages and helps others start small in businesses. You can find one such opportunity at

strategytofreedom.com

. He maintains a blog at

lauianny.wordpress.com

where he shares his thoughts on current affairs and works of his hobby

Source:

isnare.com

Permanent Link:

isnare.com/?aid=227442&ca=Business

Work In Forensic Accounting

by

Sarah Khan

The particular forensic accountant calculates harm so helping in deciding conflicts prior to they will reach the courtroom. When the dispute goes so far as the actual courtroom, the forensic accountant can easily also become an expert see. In an study, they evaluate the situation and are available up with achievable plan of action, help out with the recuperation associated with property as well as use private investigators and also consultants.

As a part of the task, they could recommend the actual motion that should be used and the steps essential to decrease potential risk. They could additionally aid in the analysis of municipal concerns. As an example, any forensic accountant may be chosen to look for hidden resources in the breakup case.

That Hires Forensic Accountants?

There are a number associated with sectors in which retain the services of forensic an accountant. Separation and divorce differences, analysis claims of economic negligence and private damage claims are some areas that require the aid of these professionals. Forensic An accountant discover are employed in key accounting firms and therefore are a part of examining mergers and purchases, duty research and monetary offense inspections.

Forensic An accounting firm work in just about all divisions with the government, from the Federal bureau of investigation, the IRS and also the CIA in order to places of work with the nearby government bodies. Public businesses will probably boost the hiring regarding forensic accounting in the future, because of the need for robust inside control in order to comply with government calls for regarding correct financial credit reporting. A growing number of organizations today realize that forensic an accounting firm assist in the actual diagnosis as well as protection against improper use regarding business assets.

How do i Turn into a Forensic Accountant?

The majority of existing forensic an accountant possess a bachelor’s level inside accounting plus a quantity of all of them have additional instructional skills inside career fields for example police as well as legal justice. To become forensic accountant, a person typically need a Cost per action designation. To increase your benefit like a forensic accountant, it is possible to take the Licensed Scams Examiner Test that’s implemented by the ACFE. Through making this certification, you can increase your likelihood of landing a better position.

How Much Can easily A Forensic Accountant Help to make?

You will probably make close to $30,500 to $60,500 annually, in a typical entry-level position. Following acquiring a handful of years of expertise, you might very easily increase your yearly salary to 6 numbers. It is extremely common regarding skilled forensic an accounting firm to make greater than $100,500 annually.

What Other Skills Do I Need?

Any forensic accountant needs to mix the abilities of your report keeper, any legal assistant and a private investigator. Simply speaking, forensic accounting needs one to contain the power to feel logically. A good forensic accountant need to possess curiosity, determination, discernment, business, self-confidence, specialist judgment and also imagination. Additionally, the particular forensic accountant should have excellent connection expertise as well as the power to pay attention patiently. You must end up being up-to-date upon current developments inside the area to become efficient.

Learn Accounting Fast

Accounting CoursesHow To Become An AccountantForensic Accounting

Article Source:

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