What To Look For In The Best Franchise Opportunities

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There are many factors in determining what the best franchise opportunities are today. It would be easy to say it depends on the potential franchise owner and you’d be right. However, from a business perspective, it’s crucial to look at all the positives and negatives of typical franchises to see which ones have more positive attributes than negative attributes.

First let’s look at the positives in franchise opportunities. Franchises are successful because they have proven systems that work therefore business owners don’t have to go and ‘reinvent the wheel’. The best franchise opportunities usually have very strong name brands that are well established along with a streamlined training system that when followed will usually produce success. More positives include having pre-established relationships with vendors and suppliers, clear cut marketing initiatives and somewhat of a quick time to get up and running.

On the other side, owning a franchise has a few limitations. For the most part, you are NOT allowed to modify your pricing, promotions, advertising, processes, etc. You are somewhat limited in your creativity which can be a good thing or a bad thing. You will most likely have territory restrictions, royalties that you have to pay on gross sales, you have to contribute to an advertising campaign and sometimes you have to open your store where the company says.

Furthermore, to become a franchise owner you usually have to have good credit, a considerable net worth and you must receive approval from the company to own a franchise. That kind of sucks because someone has to ‘approve’ you to be an entrepreneur. Finally, most franchise will NOT make you wealthy by only owning 1 franchise. It usually requires owning multiple franchise because they just aren’t scalable.

The best franchise opportunities today are really defined by 2 main factors. The first one is choosing a franchise that is in 100% alignment with your values and something that you’re really passionate about. No matter how many ‘positives’ or ‘negatives’ your franchise might have, if you’re not 100% passionate about the business, industry, products or services, you’re not going to be very successful because you’re just not that into it.

The second main factor involves having a lot more positives in the franchise model meaning that some of the traditional business bad things don’t exist. In today’s economy, online franchises really have a lot of benefits and positives without the traditional headaches or traditional pitfalls of owning a franchise.

When determining the best franchise opportunities for you and your family, always do your due diligence, never leave any stone unturned and make the best decision based on what’s aligned with your goals and values and what you’re 100% passionate about.

Wide Spread Loan Modification Abuse Avoid Becoming a Victim

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With so many people facing foreclosure today, thousands of loan modification companies have emerged offering a financial lifeline. Unfortunately, most demand big upfront fees, are not sufficiently educated in the industry to actually help, and may hurt by wasting valuable time and effort, or many companies (about 75%) are in the business to scam people. As stated by Illinois Attorney General Lisa Madigan–If you are struggling to make your mortgage payments, or if you are facing foreclosure, stay away from anyone who says that they will save your home for money upfront-.

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Loss Mitigation Specialist C. Thompson Sr (Nationwide Assistance, Clermont, FLA), has determined several tale tale signs of scamming by these companies:

Charges a huge upfront fee- the purpose of the fee is to contact the lender to ask for a loan modification. But, if turned down, only half the fee or none of the fee is returned. In these cases, there should be a money back guarantee.

Will not explain the purpose of the fee- all services should be explained and all questions answered.

Is not interested in your circumstances- may not have your best interest at heart.

Does not stop the foreclosure proceedings during the negotiation.

Will accept the first proposal from the lender, which may not suit your circumstances.

A virtual company-no real office- may not be a real company.

Too good to be true- promises a fantastic interest rate or/and an exact principle reduction amount, without consulting the lender. No promises can be made without negtiating with the lender.

No approval process-An approval process should be the first step in the modification process, before a fee is paid. The process should not include credit qualification, and approval should not be made on the first phone call.

Not a member of the Better Business Bureau.-they are not a leader in the industry.

Fortunately, you can avoid these scams. There are other avenues to pursue if you need assistance with your urgent mortgage problems. Consider a non-profit agency that will assist you without charging a fee, or a real estate licensee and an attorney who will work and allow payment after the work is completed. You can also obtain free advice and consultation for your refinance, loan modification and foreclosure needs through several government agencies:

Hope NOW –

FHA –

California Department of Real Estate –

Making Home Affordable-

The information presented above applies to home refinancing and loan modification abuse. However, if you are seriously looking to improve your finances in general, visit to find out more.

Blogging to the Bank 3.0 Honest Review

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Blogging has been around for a few years now. Most people use blogs to record their thoughts and lives, while the select few use them as a free way to make a fortune. One guy who uses this to his advantage is Rob Benwell. In 2006 he dished the dirt on the tips and tricks to making a fortune using blogging. But as time passes the old systems become obsolete and new techniques are required. This is where his brand new, fresh off the press Blogging to the Bank 3.0 system comes into play.

For those who know who Rob Benwell like me, you’ve probably made a killing using blogs.

For those who don’t, here’s the story:

Back in 2005 he was struggling to make any profit online, had dropped out of college and was getting deep into debt. He was trying all the techniques the gurus tell you and wasn’t getting anywhere fast. All of that went in the bin and he started using his own techniques and started making more and more money using simple blogs. In early 2006 he shared this with the world and had a great ebook called blogging to the bank. Tons of people got rich from using these techniques (including me). He then spoke at Online Marketing Legend Yanik Silver’s underground Seminar where he revealed even more of his underground strategies. Then July 2007 he released Blogging to the Bank 2.0 which showed users his new methods to creating online wealth using blogs. In total both versions have been read by over 50,000 people across the world. But as I said earlier, the techniques used in these ebooks are now showing there age. Some of them are not even working in the slightest! This is where blogging to the bank 3.0 comes into play.

It’s full of great new techniques that work online right now! Everything’s explained in plain English with all the fluff cut out. I got hold of an advanced copy of the book for a much higher price than what it actually sells for and it has been worth every single cent! I got it in the afternoon and by the evening I was creating new profitable blogs. Within a couple of hours of them being active I had made a nice little profit. Blogging To The Bank 3.0 teaches you Robs new step by step blueprint to creating highly profitable long term niche blogs using the newest optimization techniques. There’s even a section on advanced Search Engine Optimization. Most people think SEO is difficult but Rob explains this nice and simply so even the blogging newbie will understand it. Blogging To The Bank 3.0 is a breath of fresh air and I highly recommend it to anyone wanting to make easy money online. Click below for more information about this system

Secrets of Offshore Banking

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This is an introduction to offshore banking and incorporation a world that you may or may not be familiar with. There are many countries that are considered to be tax havens of one sort or the other. Each jurisdiction has its own reasons in extending a warm welcome to non residents. The aim of this article is to introduce to offshore banking and give you an idea of the benefits of going offshore.

Offshore banking makes many people think of money laundering and many other illegal activities. However, most illegal activity happens onshore. Newspaper headlines are the main reason for these misconceptions. Legal activities are not headlines, so few reporters write about the above-board side of offshore finance.

Proof that using offshore banking and companies are not illegal is the large number of known international trading and finance companies that have an offshore presence. Some countries tax you on a global revenue basis. If you are a resident or a citizen of such a country it would be crime for you not to declare your offshore holdings. Declaration does not mean taxation. Consult with your tax lawyer to find out the latest legislation on this.

Is there really a secret to successful offshore banking? Yes, there is and it is very simple. -Knowledge- is the secret key.

To set up your offshore infrastructure, it is necessary to start by exploring the low tax and asset protection opportunities that are offered in various countries. These can range from low tax to 0 taxes, tax treaties, special corporate structures, free zones etc-. Studying the aforementioned will allow you to put together a complete offshore solution.

There is no one size fits all packaged solution. Every business is unique. Everyone who wants to establish an offshore banking presence must take into consideration the countries that he will be doing business with to obtain the maximum benefit of going offshore.

What are the most common benefits to going offshore?

– Tough bank secrecy and privacy laws

– Fewer restrictions on financial transactions

– Low taxation or 0 taxation

– Asset protection

Even the United States and Canada can be tax havens. Though this is only promoted usually for non-citizens and non residents.

As you can see from the above, you have multiple reasons for wanting to explore all the possibilities that an offshore incorporation linked to an offshore bank account will give you. No matter which aspects of the offshore world you choose to use you will find the find that there are many benefits.

For more information about Offshore Banking please visit where you will quickly and easily find valuable offshore incorporation and banking resources to get started immediately.

Singapore Company for Foreign Entrepreneurs and Business Entities

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There are three business arrangements in Singapore that have been specifically created for foreign entrepreneurs and business entities planning to have a presence in the country: a subsidiary company, branch office, and representative office.

These are the basic differences between these business entities for foreign entrepreneurs and investors:

1. Subsidiary company

This is probably the most ideal business entity for foreign companies planning to form a Singapore company or expand their presence in the country. This is because this formation provides countless of benefits especially when it comes to tax incentives and limited liability.

As a separate legal entity from its parent company, a subsidiary company may have a different name and is allowed to conduct any business activities in the country as long as these are legal.

A foreign company with a subsidiary company enjoys a limited liability, an arrangement in which it is not liable for any losses, liabilities, and debts of its Singapore auxiliary business.

And because a subsidiary company is incorporated in Singapore, it also enjoys local tax benefits even if it is 100 percent owned by foreign businessmen and entities.

However, this business setup is required to appoint at least one resident director who may be a Singaporean citizen or holder of EntrePass, Employment Pass, or Permanent Residence Status.
Meawhile, a subsidiary company may have one to 50 shareholders who may be a foreign or local individual or another business entity. To know more abour subsiday company follow this link:

2. Branch office

A branch office, being an extension of its business headquarter, is only allowed to conduct activities performed by its parent company.

Unlike a subsidiary company, a branch office is not provided with local tax benefits since it is treated as a legal extension of its parent company. And with this arrangement, the headquarter is directly liable for all the losses, debts, and liabilities of its Singapore branch office.

Meanwhile, it is a legal requirement for a branch office to hire two Singaporean resident agents who will oversee its business operation.

When it comes to government-imposed disclosure requirements, this business entity may not be appealing for some shareholders since they are also required to submit the audited accounts of their parent company. To know more about branch office, follow this link:

3. Representative office

Legally speaking, a representative office is not really a business entity as it is not allowed to engage in any revenue-generating activities.

A representative office is generally ideal for foreign companies who are not yet sure of the business viability of their services or goods in Singapore and want to conduct an extensive market research before engaging in a full-blown operation. To know more about representative office, follow this link:

Adopting Mobile Cloud Accounting Technology Into The Financial Workplace

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How technology has affected the financial department in organisations?
Theres no doubt that new cloud technology has had an incredible impact on todays workplaces, particularly those who work in, or are involved with the financial aspects of an organisation. Over the last few decades, new and different technology has been injected into the workplace at an ever increasing rate. One of these is the use of the mobile device.

Smart phones, netbooks, iPads and other such tablets detach us from our desks and give us the freedom to roam with our work. Imagine using a cloud-based accounting and finance system. This would allow you to review budgets or produce financial reports from the garden, a taxi, or even on holiday. Having access to your financial data and information, whenever is suitable for you and wherever you are, cant be a bad thing for business.

Managing the accounting and finance function on the go
Most businesses have adopted mobile technology in some way or another, as its hard to ignore the lure of the high mobility and other strengths that come with cloud computing, particularly for accounting and finance professions. Smart phones started this revolution, and they are now an important device for the hard working professional. But now, the tablet device has enhanced our mobile experience even more. Theres more mobility offered than we get with laptops, and the screen is bigger than you get with smart phones, making it all the more easier to view and analyse your financial budgets, reports, expenditure, etc

Tablets enhance user experience
How many times have you been in a finance or board meeting and someone has requested some information that you can only provide once youre back at your desk? Well, with a tablet or any mobile device its right at your fingertips. It can be discussed straightaway, a decision taken and communicated to the business without you leaving your meeting.

With easy access to email, calendar and contacts built in to most devices, the most simple business functions are now easy to get up and running in a few easy steps. Add on many of the freely available apps and you have a fully functioning business tool.

Where next?
All mobile devices are tools that should ultimately enable, not disable business. So if you find a cloud-based accounting and finance system that allows you to work on the go, and allow other people access to the information they need without needing your help, then the way organisations are run can change for the better.

Writing An Effective Hardship Letter To Avail Loan Modification

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A hardship letter is the most important piece of document required to apply for loan modification. Its substance and validity will make or break an attempt for a loan workout. This is a letter basically contains an explanation why there is a difficulty of settling mortgage amortization. It is only fitting to compose this letter carefully.

When writing a hardship letter, its important to remember to keep it short, concise but not arrogant. A one to two pages maximum letter is strongly advised. Take note that a lender does not have the luxury of time to read a novel-like hardship letter. This letter serves as outline of ones difficulty to pay for periodic amortization, so it should be direct.

Like any letter, begin with a proper salutation, use font type and size reasonably easier to read. Letter size or 8.5 by 11 inches will be the papers size; otherwise an A4 sized paper can be used.

Bear also in mind that there is a clear definition of the term “hardship” for availing loan modification. Such hardship should fall under listed by mortgage lenders. Such as bankruptcy of business, immediate relocation, or divorce from a spouse who is the co-borrower. There are still more to this, to be sure homeowners should check with their lender.

In the actual writing, the first sentence should tell why such letter is written. This may include the explanation that after all possible ways were exhausted theres still failure to meet with mortgage payments. Much of this should be in the first paragraph of the letter.

The second paragraph should describe the events that affected failure to make regular payments. This description should be done tastefully without being overly dramatic. Overly thought out explanation might appear deliberate and fake. Additional paragraph might be added to explain the intent for loan modification pursuant to financial difficulty.

It is also wise to give approximate, if not exact, duration of the hardship period. This will be the basis for the mortgage lenders to get a head start with its response for loan modification. The last paragraph should emphasize the desire to settle the loan, but asking for leeway, for the time being.

Then end the letter with parting words hoping for a loan modification, which will be favorable to both parties. It is also wise to mention about attachments to the hardship letter, which are proofs of financial difficulty claim.

Online Entrepreneur Rut

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One of the great aspects of having an online business is supposed to be that you can work from home, make your own hours, work in your PJ’s and build a business of your dreams while enjoying your leisure, your family, your life. Right?

SCREECH! What happened, then?

Are you afraid to get started?
Are you avoiding the things that you know will push you to the next step?
Are you stuck behind your computer, alone and overwhelmed?
Are you getting lost in cyber space, surfing and not building?
Are you avoiding engaging in activity, often not leaving your home office for a day or two…
… and leisure, what’s that?

I call it the Online Entrepreneur Rut. This rut can leave you feeling down, lacking energy, lost, alone, and have you questioning your reasons for wanting to start this business in the first place.

Here are Some Simple Ways to Ensure Success:

Reach out to build or find your community, your village, your tribe.Networking both online and offline is a vital an important part of your growth.

Surround yourself with the support of others that you can share successes with. It can be challenging to get out there and share your frustrations with another. However, most often, the case is that the person you are speaking to is currently or has had a similar situation, and ill be glad to give you thoughts and ideas based on their experience.

Step away from it all. Really, shut down the computer, turn off the technology and get away from it all. Try going for a workout, walk in nature, listen your music to get your creative juices flowing and your energy soaring.

Do something to re-connect to your inner dreams and goals. Do you meditate, read, journal? What will help you be re-inspired and remember why you began this journey to start with?

Attend various networking meetings, business trainings, weekend events. Building relationships is key to success. Enjoy a few in person meetings over coffee for a much needed break.

Call on people you trust to bounce off ideas, frustrations, and fears. I love the Buddy – System! Work with your friends and colleagues to keep accountability and get trusted feedback.

Check in with your Coach or Mentor. Working with a coach will catapult your progress. If you don’t have one, consider doing so.

These efforts can help make your experience as an Online Entrepreneur a rich, fulfilled and satisfying one. You may have an opportunity to gain vast knowledge, feedback, and creative ideas. These key ingredients assist your business to flourish more quickly and smoothly. In my six years full-time with my online business, I’ve used these methods to build some wonderful relationships and alliances with experts that are just plain good people. I am now grateful to have trusted colleagues and to call many of them my friends.

Go ahead, give it a few of them a try. You are likely to feel much better after you do.

Check, If You Are To Get The Financial Aid This Year

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A lot of students want to get financial aid. It is quite clear why they want to get it. First of all, it is very rather satisfying to receive money that can cover your education. And to understand that they are given to you because of your outstanding abilities and knowledge.

There are a lot of ways of getting financial aid, as well as types of it. In this article we will tell you about the most popular types of financial aid. So here they are:

Scholarship. It is the most popular and widespread type of financial aid. Also it given more often and to biggest quantity of students (even for a designation of other kinds of the aid). Scholarships are paid in various forms, it can be either a sum of money or a check, or something like that The grant can be paid as periodically, as one time;
Grant. It is a onetime financial aid which is directed on the certain goal. As a rule, it provides competition to get it;
The grant for research work (Fellowship). it is the grant which implies that the students who received it must carry out some researching, trainings, etc;
Award. It is a rather small sum. It is paid one time for a winning any competition, and also for certain achievement in educational process or a social life of your alma mater.

As you can see, there are a lot of types of financial aid. Perhaps, you will try to deserve at least one of them. It is really great to be one of the students who receive financial aid. Try to be one of those who are marked with the aid. Besides, receiving financial aid because of your research work is also great, as this financial aid is paid by private funds and organizations, you can continue your research work being employed to the company which once paid financial aid for you.

Blog Entrepreneur Blogging Is the Perfect Internet Business

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If someone were to tell you that you could create a global business, completely for free, with nothing more than the tools you already have, and the investment of your time, you’d question their sanity.

Nevertheless, it’s true. If blogging appeals to you, you can create a viable Internet business within a few months: for free.

Blogging is a new development in online businesses. Essentially, it’s instant publishing. Because entrepreneurial blogging is so new, you have a great opportunity to build your business before others copy what you’re doing, so get started now, and start building your own online empire.

Let’s look at five business models for your new Internet blogging business. These five models can be combined if you wish there are no rules in blogging. You can change the business model of a blog at any time, to a model which generates more income.

Each of these models has the potential to earn you a six-figure income. They are:

Affiliate blog(s)

Web publisher blog(s)

Sales blog(s)

Service blog(s)

Blog network(s)

Let’s look at these models one by one.

Affiliate blog(s)

Many businesses develop affiliate programs, because they can recruit a sales force of thousands of people, with little expense. The appeal of affiliate programs for affiliate marketers is that you don’t need a product or service you can start selling others’ products, on commission.

If you intend creating an affiliate blog, select the products that you’ll be selling before you create the blog. This is because you want to be sure that there is a wide range of products that you can promote. There’s nothing worse than developing a blog, and finding out that the well is dry: you’ve picked a niche where products rarely change, and in which the products are so standardized that there’s nothing new to write or podcast about.

Web publisher blog(s)

In this model, your blog is the online equivalent of a magazine. Just as a magazine has features and advertising, so does your blog. In this business model, your content is vital, because you’re counting on your content to attract advertisers.

If you choose to develop a Web publisher blog, you’ve got great models the thousands of magazines which are published each year. Check out a couple of your favorite magazines. Usually a monthly magazine will have a theme for each monthly issue, with two or more stories devoted to this theme. The magazine publishes its editorial calendar a year in advance, so that advertisers can line up their advertising for a specific issue.

Sales blog(s)

In the sales model, you devote a blog to a single product, or range of products. When offline companies start blogs, their blogs are sales blogs they’re using their blogs to sell their products. If you have products that you want to sell, a sales blog is an excellent business model. You could sell a product that you’ve created an ebook, a DVD, or art work or products that you buy from others, and resell.

Prerequisites Of Taking Up A Preschool Franchise

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Preschools in India are a massive growth sector, full of opportunity, for you and for the wider community. Eurokids India is the number one franchise opportunity in preschools in India and was ranked number four in the annual India Franchise Ranking 2010, so if you want to start a franchise, you want to start a Eurokids franchise.

Obviously, with such a prestigious reputation, and with the crucial care and developmental role of our countrys next generation as our primary focus, our prerequisites for granting a preschool franchise are extremely high. We cannot let the quality slip, for our good name, but especially for the children. Only the best will do, as you can understand.

The most important prerequisite for getting a franchise for a Eurokids India preschool is you need to have a total commitment to help carry forward our ambition of making learning a fun experience for kids. You have to have a passion for early child education and a love of children. There is no point in getting into this industry if you do not have a pastoral love for children and desire to fulfil their education needs.

To start with, you will need to own or rent a space of at least 1500 square feet in a quiet, tranquil and peaceful location. It must be on the ground floor and have an open area adjacent that can be used as an outdoor play area. It must also have independent access, attached toilet facilities and needs to be well ventilated.

You must have between INR 5 10 Lakh minimum, which should be spent on ambience and equipment cost need to start. This will depend on the location of the preschool and the alterations needed to fit it out.

Once you have been accepted as a franchise holder you will undergo an extensive training program that will teach you how to successfully operate a preschool. You and your staff members will also receive ongoing training for the Eurokids curriculum and delivery method.

If you have all this then dont hesitate to give Eurokids India a call today. Together we can educate the next generation.

Alternative Investments The Modern Way To Gain Higher Returns

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Alternative investments tend to provide to the investor a platform that enables earning of money with much fewer risks involvedand a higher ROI (return on investment). It can also be referred to as investments in hedge funds however it is all strategy related. Some alternative investment strategies may includeconvertible arbitrage, fixed income arbitrage, short bias and equity of market neutral. In most cases financial institutions are the holders of the alternative investments. Although these investments are controversial because of the lack of regulation, still economic analyst gives their views on them. They are also subject to scrutiny by politicians and sometimes lack proper disclosure.

The best thing about alternative investments is the rate of very higher returns than the traditional ones. There are many investment plans like giving by AIM (Alternative Investment Market). Established in 90s this platform has turned out to be more useful than the former Unlisted Securities Market, giving investors a chance to gain some profit and pool in the capital. AIM works for the small investors who are potentially not eligible to be listed in the stocks and gives them a free hand with respect to rules and regulations. Although there are some regulations but they do not torture the investor to increase their capital. The most important feature of AIM is that is does not stop investors by putting a check to the number of shares they can issue in the market. This facility gives investors a chance to increase their ratio in the market without much struggle. In the past few years it has also been seen that some investors with their proper time management and skills have managed to make way to enter the main market after successful results achieved in AIM. The London Stock Market has is the proud founder of AIM and had proved to be a rising star in alternative investments.

It is important to understand that investments are risky therefore wherever you invest in something it is important that care shall be taken. It must also be kept in mind that you are sure that you understand the business you are actually investing in. According to experts investing in your own business or some business that you understand is the key to success. Secondly, the management must be on its toes to make sure that a proper check is being kept on where the expenses are being done. Good investments can be done only if it is realized that the results are not hard to achieve if proper measures are taken.

Alternative Investments only require extra care as they are more risky. For instance if you are investing in some art items, you must be sure that you are actually trying to invest in the original one. To be successful in alternative investments it must be made sure that you understand what a man of ordinary diligence would do in similar circumstances.

Bharatbook.com Commercial Banking in the US

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Industry Market Research Synopsis This Industry Market Research report provides a detailed analysis of the Commercial Banking in the US industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry.

Industry Definition This industry comprises establishments primarily engaged in accepting demand and otherdeposits and making commercial, industrial, and consumer loans. Commercial banks and branches of foreign banks are included in this industry.

Report Contents The Key Statistics chapter provides the key indicators for the industry for at least the last three years. The statistics included are industry revenue, industry gross product, employment, establishments, exports, imports, domestic demand and total wages.

The Market Characteristics chapter covers the following: Market Size, Linkages, Demand Determinants, Domestic and International Markets, Basis of Competition and Life Cycle. The Market Size section gives the size of the domestic market as well as the size of the export market. The Linkages section lists the industry’s major supplier and major customer industries. The Demand Determinants section lists the key factors which are likely to cause demand to rise or fall. The Domestic and International Markets section defines the market for the products and services of the industry. This section provides the size of the domestic market and the proportion accounted for by imports and exports and trends in the levels of imports and exports. The Basis of Competition section outlines the key types of competition between firms within the industry as well as highlighting competition from substitute products in alternative industries. The Life Cycle section provides an analysis of which stage of development the industry is at.

The Segmentation chapter covers the following: Products and Service Segmentation, Major Market Segments, Industry Concentration and Geographic Spread. The Products and Service Segmentation section details the key products and/or services provided by this industry, highlighting the most important where possible to demonstrate which have a more significant influence over industry results as a whole. The Major Market Segments section details the key client industries and/or groups as well as giving an indication as to which of these are the most important to the industry. The Industry Concentration section provides an indicator of how much industry revenue is accounted for by the top four players. The Geographic Spread section provides a guide to the regional share of industry revenue/gross product.

For more information, please visit:

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Advantages And Disadvantages Of Becoming An Entrepreneur

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Modern world is full of temptations and other entertainments that cost much. It became a tradition that children want to become businessmen or entrepreneurs. The dreams of becoming a spacemen do not bother children any more. The desire to have everything and to be able to afford different things make children think about more profitable occupations. Some students, when grow up, change their minds and think about something more realistic, the others still continue dreaming of becoming entrepreneurs. The article is going to represent some advantages and disadvantage connected to the profession. Use arguments to support your choice.

Advantages of becoming an entrepreneur

1.Those who decided to become entrepreneurs are sure to enjoy the whole process, from the very beginning of their business till the highest level of its development. The prediction of risks and their successful elimination is a real delight.

2.The entrepreneurs salary directly depends on his/her intentions. If one wants to get more this month, he/she should work harder.

3.The working schedule of entrepreneurs is flexible. They may easily take a day off in the middle of the week without the moral pressure of being fired. Still, the consequences of such action should be considered beforehand.

Disadvantages of becoming an entrepreneur

1.The entrepreneur does not have a regular salary. The income may be considerable this month, but it may be too low another one. It is impossible to calculate some unpredicted costs.

2.The flexible working schedule is also a disadvantage. The necessity to work till night may be rather stressing.

3.Entrepreneurs are personally charged with the consequences of their actions. One wrong step and the whole business may be ruined.

It is exciting to be an important person in business, to have personal company and run it. Still, there are some cases when this independence may cost too much.

Patience for Entrepreneurs

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Its summer and so for that reason Ill break from my insistence on pragmatic advice and write on a topic you might consider fluff. Yet its the biggest mistake I see small business owners make, including me. We have no patience. I think that its a given that a requirement for being an entrepreneur is to have a low grade case of ADD, or in my case, ADHD with an emphasis on the H. And in marketing, that will kill you.

I cant tell you how many times a client tries something and when there are no immediate results says “Well that doesnt work.” Its like lifting weights one day and expecting that tricep cut to develop overnight. Im not suggesting that we all go out and spend a bajillion dollars on advertising during American Idol. But I do think that in order for your PR and marketing tactics to work you have to learn to wait a bit. Here are a few tips to use to figure out if youre too impatient.

1. Are you measuring your campaign results by the number of orders youre getting off each initiative? In a word, DONT. Look at your website hits instead, or the traffic in your store. Whats the first step toward buying your product or service? Do they request a brochure? Do they visit the website? Measure by those “first steps” in the short term.

2. Are you changing your marketing strategy on a weekly or monthly basis? WRONG. You had better have confidence in your strategy (or your consultant) from the start. Nothing works if you dont believe in it 100% from the beginning. Switching around what youre doing on a constant basis and youll end up running circles.

3. Are you relying on only one outreach method? It may work now, but it will stop working eventually. Or youll end up trying one thing after another. BLEND your messaging channels. If youre doing radio, connect it to an online promotion as well. Trying guerilla marketing? Make sure youve got some PR working in conjunction with those “on the ground” techniques.

Particularly in the online world, patience is the key to success. Jay Conrad Levinson, the founder of Guerilla Marketing, believes that patience is the most important characteristic of successful entrepreneurs. Be confident in your approach. Measure it wisely. And then, like that old farmer in the field, be patient and watch the seeds of your marketing work grow.