Wednesday, November 14, 2007
Thursday, October 18, 2007
Comparing Business Credit Cards For Profit
Every credit card company wants to get your business. In most cases, though, only one will get it. This means that if you are to get the best deal out there for you and your business, that you are going to have to shop around. Here are some tips on what to look for so that your business can have more than just credit, but also have some savings, too, along with it.
Start With The Type Of Card
You already know what kinds of business expenses require a lot of money each month. This means that in order for you to get the most savings, you need to match a credit card - if possible, with this expense. For instance, if one of your expenses is gas for your vehicles, then this is the type of card to look for. Or, if you or your agents fly a lot, then you would want a business credit card that will give you the highest rewards in air miles and hotel points.
Look At The Rewards Given
A lot of savings can be earned here. Some business credit cards will give you the highest percentage of points on things that your business uses regularly - like office supplies, building supplies, or even hardware supplies. Another card may give you great savings on all of your wireless services. While these features typically come on a more general type of business credit card, points on these types of purchases could mean the greatest savings for you or your business.
Obviously, the choice could be difficult. Still, most business credit cards will give you additional savings on your other purchases, too. You also may be able to take advantage of a card that gives you a lot of points as soon as you make your first purchase with the card, or go with a business credit card that will allow you to use your points to purchase new vehicles.
Consider The Interest Rate And Fees
Just about every business credit card comes with an interest rate. This can range anywhere from 7.99%up to 18.24%. You definitely want to take this into consideration if you normally leave a balance on the card. On the other hand, the interest rate will not matter if you always pay the balance on time every month. For those cards that do not have an interest rate, they will have an annual fee which can range from about $40 to about $125. If you leave a balance on the card, the annual fee may be a better deal for you. Be sure to compare any other fees, too.
Get Balance Transfer
If you already have an existing balance on another credit card, and are paying high interest, then you need balance transfer. Most business credit cards only allow you to have this feature for the life of the introductory offer - some are shorter. Others, though, may allow you to have 0% APR interest for the life of the transfer, giving you great savings. Watch out for charges when you make transfers.
Find out about getting extra business credit cards for your other employees that may need them. This is often free of charge, but not all companies provide this service.
Start With The Type Of Card
You already know what kinds of business expenses require a lot of money each month. This means that in order for you to get the most savings, you need to match a credit card - if possible, with this expense. For instance, if one of your expenses is gas for your vehicles, then this is the type of card to look for. Or, if you or your agents fly a lot, then you would want a business credit card that will give you the highest rewards in air miles and hotel points.
Look At The Rewards Given
A lot of savings can be earned here. Some business credit cards will give you the highest percentage of points on things that your business uses regularly - like office supplies, building supplies, or even hardware supplies. Another card may give you great savings on all of your wireless services. While these features typically come on a more general type of business credit card, points on these types of purchases could mean the greatest savings for you or your business.
Obviously, the choice could be difficult. Still, most business credit cards will give you additional savings on your other purchases, too. You also may be able to take advantage of a card that gives you a lot of points as soon as you make your first purchase with the card, or go with a business credit card that will allow you to use your points to purchase new vehicles.
Consider The Interest Rate And Fees
Just about every business credit card comes with an interest rate. This can range anywhere from 7.99%up to 18.24%. You definitely want to take this into consideration if you normally leave a balance on the card. On the other hand, the interest rate will not matter if you always pay the balance on time every month. For those cards that do not have an interest rate, they will have an annual fee which can range from about $40 to about $125. If you leave a balance on the card, the annual fee may be a better deal for you. Be sure to compare any other fees, too.
Get Balance Transfer
If you already have an existing balance on another credit card, and are paying high interest, then you need balance transfer. Most business credit cards only allow you to have this feature for the life of the introductory offer - some are shorter. Others, though, may allow you to have 0% APR interest for the life of the transfer, giving you great savings. Watch out for charges when you make transfers.
Find out about getting extra business credit cards for your other employees that may need them. This is often free of charge, but not all companies provide this service.
Wooing Small Business with Business Credit Cards
A few weeks ago (April 18, 2007), Discover Financial Services launched a new business credit card that offers frequent flier miles to small business owners. Among the credit card brands, Discover was one of the last to start offering business credit cards to the small business sector. Reportedly, this is only the latest in a virtual avalanche of business credit cards designed for small business.
One cannot but wonder at the sudden interest.
Perhaps a glance at recent research material will offer some clues. Data shows that in 2006, the small business sector spent $4.9 trillion; but only one-twentieth (5%) of that money was paid through business credit cards in any form (credit or debit card). The credit card companies now want in on that huge market, and believe they can induce small business owners to not only make use of their business credit cards but also to spend more on their cards.
To achieve this, the credit card companies will have to convince the small business owners to use business credit cards in less traditional ways. Traditionally, business credit cards have largely been used to cover travel and entertainment expenses. What card companies want is for businesses to use their business credit cards for everyday spend.
This is the reason behind the new cash back rewards business credit cards. These cards offer 5% discounts on purchases of office supplies, gasoline, courier services and other essential business needs. MasterCard even went as far as launching a business credit card targeted at a specific industry: contractors and construction companies. MasterCard was also the first card company to provide zero-liability protection to small business credit card holders.
Discover's recently launched business credit cards offer small business the chance to purchase checkbooks. This enables small business owners to pay for purchases from vendors that don't accept business credit cards. These checkbooks tap into the spending limit on their Discover business credit cards. Visa offers a directly competing program.
American Express sponsors various networking events for small business credit card holders. It also features one of the most extensive business resource databases to help users of its business credit cards to address and resolve their everyday business management problems and concerns.
How big is the potential market for business credit cards, you may ask? If you take the $4.9 trillion small business spending in 2006 and double the current business credit card spend from 5% ($245 billion) to 10%, you have $490 billion. If you charge 15% interest on that, you have a $74 billion potential contribution to profits. In fact, market research companies forecast double-digit growth in small business credit cards between now and 2010, and total charges are projected to reach $740.2 billion by that year. That is a lot of profit.
It has been an uphill climb to get small business owners to subscribe to an expanded use of business credit cards. It takes time, but eventually business owners will respond. One issue that business credit card issuers will have to address is the marked preference of small businesses to pay their full balance for the month as and when it falls due. Card companies do not earn from such transactions. That should be food enough for thought.
One cannot but wonder at the sudden interest.
Perhaps a glance at recent research material will offer some clues. Data shows that in 2006, the small business sector spent $4.9 trillion; but only one-twentieth (5%) of that money was paid through business credit cards in any form (credit or debit card). The credit card companies now want in on that huge market, and believe they can induce small business owners to not only make use of their business credit cards but also to spend more on their cards.
To achieve this, the credit card companies will have to convince the small business owners to use business credit cards in less traditional ways. Traditionally, business credit cards have largely been used to cover travel and entertainment expenses. What card companies want is for businesses to use their business credit cards for everyday spend.
This is the reason behind the new cash back rewards business credit cards. These cards offer 5% discounts on purchases of office supplies, gasoline, courier services and other essential business needs. MasterCard even went as far as launching a business credit card targeted at a specific industry: contractors and construction companies. MasterCard was also the first card company to provide zero-liability protection to small business credit card holders.
Discover's recently launched business credit cards offer small business the chance to purchase checkbooks. This enables small business owners to pay for purchases from vendors that don't accept business credit cards. These checkbooks tap into the spending limit on their Discover business credit cards. Visa offers a directly competing program.
American Express sponsors various networking events for small business credit card holders. It also features one of the most extensive business resource databases to help users of its business credit cards to address and resolve their everyday business management problems and concerns.
How big is the potential market for business credit cards, you may ask? If you take the $4.9 trillion small business spending in 2006 and double the current business credit card spend from 5% ($245 billion) to 10%, you have $490 billion. If you charge 15% interest on that, you have a $74 billion potential contribution to profits. In fact, market research companies forecast double-digit growth in small business credit cards between now and 2010, and total charges are projected to reach $740.2 billion by that year. That is a lot of profit.
It has been an uphill climb to get small business owners to subscribe to an expanded use of business credit cards. It takes time, but eventually business owners will respond. One issue that business credit card issuers will have to address is the marked preference of small businesses to pay their full balance for the month as and when it falls due. Card companies do not earn from such transactions. That should be food enough for thought.
A Loan Based On Your Income
When you are borrowing not on the basis of your assets but only on the basis of your monthly income, it obviously follows that the loan amount that you can get is limited. This is because your assets may run into several thousand pounds but your income is usually limited. So, the amount of loan that you may get based on your income is also quite limited.
Your home is safe in case of unsecured loans. The lender has nothing to do with your assets. Even if you advertently or inadvertently make any default in repayment, the lender can only bring a suit against you in the court of law but he cannot repossess your assets. It means that your assets are hundred per cent safe in case of unsecured loans.
Apart from the above said advantages, an unsecured loan also bestows upon you the following advantages:
Quick processing - Unsecured loan permits the borrower to access fast cash by just filling a simple application form. Unsecured loan is ideal if you require money in quick time. Appropriate for short term debts - If you require finance for up to ten years, then an unsecured loan is ideal for you. Multi purpose uses - You can use an unsecured loan to repay your credit card bills, medical expenses, holiday expenses, home improvement expenses and much more. Also available in bad credit situations - Some lenders can provide you an unsecured loan even in case of bad credit history. The rate of interest is bound to be high in such cases. You can also get your unsecured loan online. This makes it possible for you to apply from the comfort of your home. You do not need to personally visit the lenders' premises. This aspect makes an unsecured loan to be more consumer-friendly.
Your home is safe in case of unsecured loans. The lender has nothing to do with your assets. Even if you advertently or inadvertently make any default in repayment, the lender can only bring a suit against you in the court of law but he cannot repossess your assets. It means that your assets are hundred per cent safe in case of unsecured loans.
Apart from the above said advantages, an unsecured loan also bestows upon you the following advantages:
Quick processing - Unsecured loan permits the borrower to access fast cash by just filling a simple application form. Unsecured loan is ideal if you require money in quick time. Appropriate for short term debts - If you require finance for up to ten years, then an unsecured loan is ideal for you. Multi purpose uses - You can use an unsecured loan to repay your credit card bills, medical expenses, holiday expenses, home improvement expenses and much more. Also available in bad credit situations - Some lenders can provide you an unsecured loan even in case of bad credit history. The rate of interest is bound to be high in such cases. You can also get your unsecured loan online. This makes it possible for you to apply from the comfort of your home. You do not need to personally visit the lenders' premises. This aspect makes an unsecured loan to be more consumer-friendly.
EARN MONEY SURVEY
Google ships ads out to other search engines and content networks. Content network is the default setting for Google Adwords. Being in the Content network of Google is like the kiss of death for any marketer and their wallet. Ads shown here get killed in the click through rate (CTR) because the user isn't looking to click ads, they are interested in the website's content- not your ad. Besides this, on the rare occasion they do click your ad, conversions are miniscule. This is also where fraud occurs. Adsense based sites get their ads from the Content network. Ever heard of click robots...earn money survey
2. Keywords are too general
Let's say someone is in the mortgage industry... they shouldn't use the general word 'mortgage' if they are selling reverse mortgages or second mortgages. Some people figure the word 'mortgage' will cover their bases, but it only drains their bank account...earn money survey
3. Use quotes and brackets around your keywords If a marketer is using the keywords making money on the internet and doesn't use quotes or brackets, then ANY search that has ANY of those 5 words in it will trigger an impression and drive your CTR down dramatically.
If a searcher uses the words 'making chocolate brownies' your ad pops up. The quotes and brackets specify the keyword phrase you want to focus on. With quotes, your search phrase stays intact but may have other words before or after it. With brackets, the seracher only used those 5 words in the exact order YOU put them in...earn money survey
4. Put the keyword in the title or body of your ad About 80% of marketers don't use the keyword in their ads at all. I put in the words 'training my dog' and only one ad was an exact match. It's true that people search based on what they want to achieve. Training my dog was my goal. Another example would be 'buy tires'. If 'buy tires' were in the title or body of the ad this would add to the quality score.
5. There's a way to cut a deal with other search engines and bypass the content network There are 3 places Google shows ads: a. Home page b. Content network c. Other search engines
It's not uncommon to have 40% of your ads shipped out to other search engines. Once you track this activity you can cut a deal with them and pay half the price per click.
People who have a bad CTR and poor quality score end up paying more per click for minimal results. Google makes a fortune on desperate advertisers who are often novices in the business opportunity industry.
The average click through price for an inexperienced marketer in this arena is $2.00-$4.00/click. Experienced marketers only pay $.75-$1.00/click.
Google will alternate quality ads and poor ads on the home page in order to satisfy both revenue and users search queries. However, the poor expensive ads are usually getting low conversion therefore draining your account. Is it any wonder the stock price was north of $500 a share earlier this year?
2. Keywords are too general
Let's say someone is in the mortgage industry... they shouldn't use the general word 'mortgage' if they are selling reverse mortgages or second mortgages. Some people figure the word 'mortgage' will cover their bases, but it only drains their bank account...earn money survey
3. Use quotes and brackets around your keywords If a marketer is using the keywords making money on the internet and doesn't use quotes or brackets, then ANY search that has ANY of those 5 words in it will trigger an impression and drive your CTR down dramatically.
If a searcher uses the words 'making chocolate brownies' your ad pops up. The quotes and brackets specify the keyword phrase you want to focus on. With quotes, your search phrase stays intact but may have other words before or after it. With brackets, the seracher only used those 5 words in the exact order YOU put them in...earn money survey
4. Put the keyword in the title or body of your ad About 80% of marketers don't use the keyword in their ads at all. I put in the words 'training my dog' and only one ad was an exact match. It's true that people search based on what they want to achieve. Training my dog was my goal. Another example would be 'buy tires'. If 'buy tires' were in the title or body of the ad this would add to the quality score.
5. There's a way to cut a deal with other search engines and bypass the content network There are 3 places Google shows ads: a. Home page b. Content network c. Other search engines
It's not uncommon to have 40% of your ads shipped out to other search engines. Once you track this activity you can cut a deal with them and pay half the price per click.
People who have a bad CTR and poor quality score end up paying more per click for minimal results. Google makes a fortune on desperate advertisers who are often novices in the business opportunity industry.
The average click through price for an inexperienced marketer in this arena is $2.00-$4.00/click. Experienced marketers only pay $.75-$1.00/click.
Google will alternate quality ads and poor ads on the home page in order to satisfy both revenue and users search queries. However, the poor expensive ads are usually getting low conversion therefore draining your account. Is it any wonder the stock price was north of $500 a share earlier this year?
Credit Card Debt Management: Bid Farewell To Multiple Credit Card Debts
Credit card debt management programs are high in demand today. The obvious reason for this growing trend for is that the rapid popularity of plastic money has motivated millions of people. Who does not want to enhance their life style? Moreover, this is where people start making un-thoughtful use of credit cards. Initially, it sounds quite comfortable, but as soon as the credit card debts start accumulating, it eventually results in a huge pile of credit card debt that you find yourself hard to pay off. This is where you start looking for a Credit card debt management program that could help you get rid of this nasty situation.
Your Best Tool For Debt Reduction
Now days, as more and more people are getting themselves into the nasty trap of credit card debts, there are various Credit card debt management programs available in the market. You can easily find various lenders and counselors that can show you an effective way to manage your debts and regain control over your finances. These credit card debt consolidation services do not only provide a solution to pay off the huge amount of debts, but they also educate you in order to make sure that you do not put yourself in debts again.
With the help of these Credit card debt management programs, it is much easier for you to merge your various credit card debts that you owe to various credit card companies into one consolidated monthly payment. Work out with the credit card debt consolidation calculator and it can help you come up with a much lower interest rate that you need to pay to the debt consolidation company on the consolidated monthly installment.
In fact, this is one of the greatest advantages of the Credit card debt management programs that it can help substantially reduce the existing rates of interest as compared to the earlier ones. This eventually cut down the overall repayment installments. However, when you go for such credit card debt consolidation services, you must take numerous factors into your careful consideration. For example, make sure that you repay the consolidated monthly amount on proposed time because if you do not do so and default on an installment at this stage, it will put you into much deeper problems. It is no exaggeration to say that it would be like a financial suicide if you avoid the repayments after consolidating all your debts into one single payment, that too, at a much lower interest rate.
Overall, Credit card debt management programs can take off all of your financial worries associated with the various credit cards.
By: Apurvashree
Your Best Tool For Debt Reduction
Now days, as more and more people are getting themselves into the nasty trap of credit card debts, there are various Credit card debt management programs available in the market. You can easily find various lenders and counselors that can show you an effective way to manage your debts and regain control over your finances. These credit card debt consolidation services do not only provide a solution to pay off the huge amount of debts, but they also educate you in order to make sure that you do not put yourself in debts again.
With the help of these Credit card debt management programs, it is much easier for you to merge your various credit card debts that you owe to various credit card companies into one consolidated monthly payment. Work out with the credit card debt consolidation calculator and it can help you come up with a much lower interest rate that you need to pay to the debt consolidation company on the consolidated monthly installment.
In fact, this is one of the greatest advantages of the Credit card debt management programs that it can help substantially reduce the existing rates of interest as compared to the earlier ones. This eventually cut down the overall repayment installments. However, when you go for such credit card debt consolidation services, you must take numerous factors into your careful consideration. For example, make sure that you repay the consolidated monthly amount on proposed time because if you do not do so and default on an installment at this stage, it will put you into much deeper problems. It is no exaggeration to say that it would be like a financial suicide if you avoid the repayments after consolidating all your debts into one single payment, that too, at a much lower interest rate.
Overall, Credit card debt management programs can take off all of your financial worries associated with the various credit cards.
By: Apurvashree
MLM Funded Proposals - What are they and do they work?
MLM Funded Proposals - What are they and do they really work?
Are you trapped by MLM? Stuck in the trap of money always being paid out and next to nothing coming in?
If so, you are not alone!
97% of all network marketers (that's the ones who never make it!) are in the same trap and its the main reason they eventually fail. A pretty dismal picture if you ask me.
The constant moan you hear from network marketers is, "If only I had a way to make some quick cash, even just to cover my expenses and a source of decent quality leads - people who are actually interested in building a business..."
Hey wouldn't that be great? That's what it comes down to isn't it - Cash flow and leads? If only...
This, supposedly, is where the "Funded Proposal" business model comes in. So what exectly is it?
An MLM Funded Proposal definition: Simply put it's 1. The idea of bringing in cash by selling something that is affordable and of high interest to the people you want to attract to your business and..2. Gathering and recording the names and email addresses of those who show an interest in the product - even if they don't buy....yet.
Ok, that sounds simple enough in theory but how easy is it really to put into practice and secondly - Does it work?
Well, I am here to tell you it does work exceptionally well - if it's done the right way.
The four things needed for a Funded Proposal program to work. By work I mean bring in a steady flow of cash and leads month after month before anyone even joins your primary business.
1. The Product - Must be affordable, ie. less than $50, and highly sort after by the people you are targeting. In other words, it needs to solve a problem commonly experienced by network marketers everywhere. For example, If it can either make things easier, faster or cheaper, or better still, all three at once then you are on to a winner.
2. A sales system for the product. Starting from the marketing, designed to bring in the hordes of buyers you are after, then a sales-letter website with a tracking system to monitor and analyse the results, followed by the credit card processor and digital download set up to deal with payment and delivery.
3. An optin system for gathering the names and email addresses. This consists of a form incorporated into the landing page where interested people fill in their details in order to get more information before they are taken to the main sales letter page of the website.
4. A system that converts those leads into lifetime customers. The main features of this would include: email follow up using an auto-responder program; additional information and training in the form of such things as email courses, downloadable free reports, video and audio recordings, web-conferencing plus other products, e-books and the like that can be also be sold to generate more cash.
With such a system in place you can virtually guarantee your own success in MLM as the two main issues network marketers face are covered - money to cover expenses and quality prospects to work with and eventually draw into your primary business.
Are you trapped by MLM? Stuck in the trap of money always being paid out and next to nothing coming in?
If so, you are not alone!
97% of all network marketers (that's the ones who never make it!) are in the same trap and its the main reason they eventually fail. A pretty dismal picture if you ask me.
The constant moan you hear from network marketers is, "If only I had a way to make some quick cash, even just to cover my expenses and a source of decent quality leads - people who are actually interested in building a business..."
Hey wouldn't that be great? That's what it comes down to isn't it - Cash flow and leads? If only...
This, supposedly, is where the "Funded Proposal" business model comes in. So what exectly is it?
An MLM Funded Proposal definition: Simply put it's 1. The idea of bringing in cash by selling something that is affordable and of high interest to the people you want to attract to your business and..2. Gathering and recording the names and email addresses of those who show an interest in the product - even if they don't buy....yet.
Ok, that sounds simple enough in theory but how easy is it really to put into practice and secondly - Does it work?
Well, I am here to tell you it does work exceptionally well - if it's done the right way.
The four things needed for a Funded Proposal program to work. By work I mean bring in a steady flow of cash and leads month after month before anyone even joins your primary business.
1. The Product - Must be affordable, ie. less than $50, and highly sort after by the people you are targeting. In other words, it needs to solve a problem commonly experienced by network marketers everywhere. For example, If it can either make things easier, faster or cheaper, or better still, all three at once then you are on to a winner.
2. A sales system for the product. Starting from the marketing, designed to bring in the hordes of buyers you are after, then a sales-letter website with a tracking system to monitor and analyse the results, followed by the credit card processor and digital download set up to deal with payment and delivery.
3. An optin system for gathering the names and email addresses. This consists of a form incorporated into the landing page where interested people fill in their details in order to get more information before they are taken to the main sales letter page of the website.
4. A system that converts those leads into lifetime customers. The main features of this would include: email follow up using an auto-responder program; additional information and training in the form of such things as email courses, downloadable free reports, video and audio recordings, web-conferencing plus other products, e-books and the like that can be also be sold to generate more cash.
With such a system in place you can virtually guarantee your own success in MLM as the two main issues network marketers face are covered - money to cover expenses and quality prospects to work with and eventually draw into your primary business.
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