Automated Home Business Facts – The Harsh and Hard Core Truth Exposed

Are you looking for an automated home business? You are not alone their is an increase in the amount of people looking to make money from home with an Internet business.  With the economic downturn, the home business industry has proven to remain a profitable business venture.  However, a big caution goes for those looking for a hands free opportunity.. Is there a legitimate business model that is totally automated?  You may be surprised by the truth behind the websites claims.

We see the websites, the business models that promise easy money, sit back and let the system work for you.  They promise days on the golf course, sun filled days at the beach, and lazy days playing with your kids, all while your magic automated home business is going to rake in the income for you.  Its time for common sense and its time for the truth to be exposed. There is no such thing as a totally hands free business model. The fact is and always has been, if you are looking to make an Internet Business successful then expect some work to be involved..

The Truth About An Automated Home Business

So where did the automated home business idea come from?  Did people wake up one day and say I want to misrepresent and mislead people to believe that they could make an Internet business run with no work?  The no work slogan, comes from people trying to sell the dream.  But selling the dream isn’t going to make you money.  Yet,  hands free business models did start somewhere, it just spiraled out of control as representatives misrepresented the truth about automation.  The hands free no work idea originated from a plan to give entrepreneurs a easy and concise way to succeed with an opportunity.  Its just not fully automated or even 98% work free.  But there is an automation factor that has representatives overindulging the facts.

If you were to start an Internet Business, even six years ago, there was a lot of work involved that is no longer necessary with an automated home business.  Years ago, people were told to call leads, close the sales, and represent the opportunity all in one.  The failure rate increased dramatically. because people are not born sales people, or appealing presenters for a business.  With latest business models, new entrepreneurs are having a higher success rate because the automated platform takes care of the areas that caused the most problems…

With a modern day automated home business they provide professionals to close sales, which is suggested to increase commissions by a startling 76% , they offer a presentation structure for entrepreneurs to use, and most will offer a solution to weed out the buyers from the tire kickers.  The latest functions increase functionality and they increase success ratio’s.

What is your job as a new entrepreneurs involved with an automated home business?  The platform does the selling and telling, and you have professional closers making your sales. So what do you have to do? You have the most important job, you have to drive targeted traffic to your website so that your home business can do the rest.    There are many ways suggested to drive traffic to any website, but in order to be successful and make money there are a few marketing strategies that must be utilized.  It is suggested to be critical to get the right mentoring and training on marketing, when joining an Internet Business.  Not getting the proper marketing training can be the biggest factor between success and failure.

The next time you see a totally hand free automated home business claim on a website, you now know that you are being misled to some degree..  Unfortunately there is no business that offers no work.  As modern as today’s technology is it still goes back to the basics, it takes work to make money.  You may have a desire to make money with no work, and you may be sold on the dream of lazy days and large income.  Being realistic of what the opportunity really offers will set your chances up for success.   So the fact remains there is automated home business solutions, however you still will have to work, but if you are willing to put the work in and get trained  then the capability of making a strong income from home is worth the effort you put in. 

How To Invest Money For Beginners

There is a misconception of what investing is. The typical impression is that it has to do with the stock market or real estate, however investing money is much simpler than that. The above conception keeps many people out of investing because it sounds too hard and complicated. Also, most beginning investors have small seed capital, with broker commissions and such it seems a real barrier to invest in these traditional investment mediums.

The essence of a true investment lies in the return. When ever you spend a block of money, large or small, that is designed and does give you a return, you can say it was an investment. The main thing to remember about investment is that risk is the main name of the game.

Any investment will have a measure of risk and most investors use the simple bank deposit as a bench mark for risk and reward. A bank is guaranteed by the government, so the risk is unusually low for an investment. But also, so is the return or the interest rate a bank will pay you for depositing your money.

Nevertheless, this investment is the golden mean and is used to compare other investments with. The two things you compare is risk and reward. The higher the risk, the higher the expected reward, but not always.

An investment can be as simple as spotting an opportunity in the classifieds. Imagine you noticed the neighbor down the road is selling a mountain bike. It is in great condition and the price is way too low for what your estimation of the bike should be worth. You pay them the asked for $70 and you re advertise the same bike after giving it a thorough clean and detail, for $150 Someone in the next block answers your ad and negotiates with you and buys the bike for $120

What has happened here? Something quite incredible. You invested $70 but you got back your $70 and you got another $50 for your troubles. That is a 70% increase! The bank would have paid you 7% on that $70 after an entire year has passed. You completed this investment in under a week. This can be considered a very successful investment. Heres why.

Before you bought the bicycle, you considered it from a very prudent perspective. You spent several hours looking at bikes and familiarizing yourself with the current micro climate of bikes in your area. You ascertained, it was worth at least $140 but you also expected it to sell quite quickly at a little lower price. The risk question you asked yourself, is will this bike sell, if the worst thing happened and absolutely nobody was interested and I had to price the bike $70 Would I get my money back? If the answer to that question is in the affirmative, then you have a good low risk, high return investment. Your next step would be to compound that $120 into another 50% to 70% return.

Avoid Common Business Insurance Mistakes

Business owners work hard to grow their enterprises, investing countless hours, intense labor and careful attention to assure success. Yet many overlook one of the most basic components in securing their business’ long-term viability: adequate, appropriate business insurance.

When it comes to insurance, business owners make some common, potentially terminal, mistakes that may be remedied easily with a little knowledge and guidance.

Setting limits too low. Business owners often don’t understand that once you pay for an initial policy, extra coverage costs only slightly more. In some cases, you can actually double your limits for only 10 percent more in premiums.

Not reading policies. Insurance policies can be intimidating, containing as much legal jargon as virtually any business contract you’ll ever see. If you don’t want to read or cannot understand the policy, ask an attorney or financial adviser who is well-versed in insurance. And do it before you purchase it. Afterwords, it’s too late.

Misunderstanding duties to defend or indemnify. Every business owner’s policy addresses these two issues, often in different ways. When purchasing a policy, you need to know whether your insurer will defend you if you get sued. You also need to know whether your insurer will pay–and to what limit–if there is a judgment against you.

Buying the wrong type of insurance. Casualty and liability are the two basic types of insurance that virtually all business owners need. Casualty will cover a business’s own losses arising from sudden, unexpected events, such as an accident, and liability will protect you from the losses of others who claim their loss was your fault. Most business owner policies will provide both casualty and liability coverage, but you need to understand the variables within those two categories. Some provide pollution coverage or protection from advertising injury or completed contracts; some don’t.

Eighty percent of businesses will find that business owner policies cover their needs sufficiently, but if you have a specialty business of some kind, your needs may differ. Also, if your business puts out products in any way–as a designer, manufacturer, distributor, retailer, etc.–you will need product liability insurance as well.

Overlooking business interruption insurance. If something happens to your business–a flood or fire, for example–you may have insurance to rebuild your business, but if the business has no income in the meantime, you may have to shut down permanently anyway. Business interruption insurance can cover overhead and other expenses while your business is out of commission.

With all the variables in industries, businesses and policies, your best bet to avoid insurance mistakes is to get help from a knowledgeable expert. Many trade associations offer advice and even insurance policies especially suited for their industries. You can also talk to a reputable insurance agency–one that your business counterparts or competitors use. And if you’re in a specialty business, seek a specialty agent. Finally, look at ratings. Companies, like Standard & Poore’s and A.M. Best, among others, assess the financial strength of insurance companies and their ability to pay. Much of the information is available online.

It’s important to take your time in choosing insurance companies and policies. Approach the decision with the same prudence and thoroughness you would employ if you were borrowing money. Your business may be one-of-a-kind, but just like the seven million other small businesses in the United States, one lawsuit or disaster could mean the end. Having the right business insurance can make all the difference.