Easy Ways On How To Earn Money

Money is used as medium of exchange on transactions that are being performed by people for their every day living.

In ancient times, in place of money, common items with value had been used for bartering or exchange of goods for another one in particular. For example, yams may be exchanged for milk from cows.

With the evolution of time, bartering items started to posses an intrinsic value such as that of gold coins. At present, paper money has a value which corresponds to its stated amount.

People of today work to earn money to cover various living expenses. This may include payment for the rent or mortgage, utilities bills, education and other similar expenses. Some have may have more than three jobs just to cover said expenses.

There are various ways on how to earn money for whatever purpose an individual wants it for.

Below are some earning tips for which anyone may engage in to earn some extra money:

1. Garage procurement. Putting up old outfit, equipment or toys for purchase may be a intense agent of earning added revenue. Further, this may possibly throw in the occupants of the contain extra room for which such old objects second hand to carry up.

Beforehand putting up a garage trading, the individual must primarily take the objects to be sold. A handful bits and pieces may knowledge a private nuclear family evaluate that cannot be reclaimed when sold.

2. Writing. Creating using writing can come in numerous classifications and can fetch loads of amounts. This may array relishes a few dollars to millions betting on the material.

An individual must originally opt for the average savours which he or she may well keep up a correspondence at. For instance, may well he or she be in contact a spanking new, a goes, a statistics essay or be a ghost creator

This sensible comply with persons who do not admire to be tied to an workplace for eight hours a day, and for a few stay-at-dwelling house moms who have a knack in writing and may well resembling to do a couple book during their gratis age.

3. Buy and persuade you to buy. The most well-situated kind of gaining extra capital riches can be by way of buying and exchanging of many objects. An personality may pay money for successive collectibles such as toy motor vehicles, action celebrities or comics, for the reason of reselling the equal subsequent to its examine has increased.

Also, procuring one or two objects in number and reselling it retail may further be accurate since one can earn added via the discounts given for sum purchases.

For those who know-how large capitals, a couple sign up in purchasing of houses. Subsequent to maintenance and renovations tolerate been realized, it could be resold at a a lot of higher bounty, covering the charges for the renovations and added quantity for the charge of the capitalist.

4. service. Various services may be offered in exchange of a few dollars. This may comprises being a nanny to tykes for a twosome of hours wide-ranging job for teenagers, waitressing for the local pub, fit cleaning or car washables.

This may be one of the most well-fixed capital riches-creating activities because this might concerns no, if not awfully minimal, resources. The competently requirement may well be skills of the package to be executed and animation to textbook.

After everything had been accepted into affection, an being must in addition not forget to ascertain and set the aim as to how a good deal of is adequate. If this is properly set, the human being will sense enjoyment and contentment also in addition to the smallest number earned.


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7 Steps to 7K In 7 Days

Real estate wholesaling is a great way to make cash quickly and easily. In fact, virtual wholesaling, allows you to use the power of the internet to generate quick cash in as little as seven days.

Following, we will give you a step by step breakdown, on how you can make 7,000 in 7 days.

Step 1: Find a deal online and put under contract or option. You can find deals in many locations, including Ebay. You can also do a search for "investment properties" or "rehab properties". Those are great search terms. Some other specific websites that you can visit are hud, southernreo, ocwen, lendersreo, countrywide and propertydisposal. Ideally, you should be able to find pictures, price, contact and other pertinent information on the website. Remember, you are doing this virtually, so you should not have to leave your home.

The seller should have their contact information listed with the property. Give them a quick call, send them an e-mail or both, to do what you can to lock the property down. One of the virtues of wholesaling properties virtually, is that the deals DO NOT have to be in your hometown. If they are, that is fine, but you are not confined to any geographic location. You can literally search across the states, until you find the deal for you.

Step 2: Assess the deal. Basically, you want to make sure that the numbers make sense and that this is really a good deal. To do this, you want to compare recent sales in the area, with the deal that you are looking at. Be sure to take into account any repairs if any that need to be completed. You also want to compare deals that are the same construction and configuration. For example, if your deal is a three bedroom brick house with 2 baths, it would be a good idea to compare those types of sales. There are two online resources that you can use to make these comparisions and assess your deal. They are virtualinvestorcomps and zillow.

Step 3: Create your flyer or other marketing materials. There are key bits of information that you want to include. They are: a picture of the house, your sales price, the cost of repairs, and the ARV After Repair Value. You can probably use the same picture that you found when you located the deal on-line. It is also a good idea to put information about any other extras that the house may have. For instance, you can list hardwood floors, ceiling fans, appliances or anything else that makes the deal stand out.

Be creative and include the type of information that you would want to see if you were looking to buy the property. Be sure to include your contact information, so that prospective buyers know how to get in touch with you.

Step 4: Post the property. This will allow other investors to know about the deal that you have. Two good websites for this are craigslist and backpage. If you already have an e-mail list of buyers, you should send the deal out to your list right away. You can also do another on-line search to see where you can post your deal.

Step 5: Now is the time for you to communicate with your buyers. Respond to any e-mails questions or phone calls that you received. When you find a buyer who is willing to pay your price, put the property under contract. Ideally, you should e-mail them the contract and have them fax you the signed copy. You can always have them mail the original.

Step 6: Cash is king. This is something that you must never, ever, forget. Whenever possible, you want a buyer who can pay cash. You want to tell your seller that you can close with cash. This will help you get more offers accepted quickly, and at a lower price. Of course, if you say that, you have to be able to close with cash. So you always want to have cash buyers. This is not as hard as it may initially sound, and it makes everything flow much more smoothly. So, step 6 is to coordinate a cash closing.

Step 7: Close Most likely, your closing can be done virtually as well. Check on-line for closing attorneys and/or title agents that will do this for you. If you cannot locate one, choose one who will e-mail documents to you, your seller and your buyer. Once you all send in the originals, you will get paid

And thats it. This is your step by step guideline on how you can make 7K in 7 days using the power of virtual wholesaling.

Good luck and God bless


About the Author

We teach people how to use the internet and other technology and make six or seven figures a year buying and selling properties all across the USA. We offer a complete turnkey A to Z package to buy and sell properties all across the USA in any market good, bad or ugly. See more info at

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Protect Yourself against Financial Fraud

Although advances in technology have made life easier for you, they have also increased the chances of you becoming the victim of financial fraud and identity theft. Many people find themselves in financial difficulties through no fault of their own when someone steals their identity and uses their financial information to obtain loans and leave the person to pay for them. You have to be extremely careful about where and to whom you give your credit card information because it could become public knowledge and thus an unscrupulous person could gain from it.

Credit card companies are always sending out promotional material with a pre-approved credit card. All you have to do to be able to use the card is to sign the form and send it back to the company. If you are not interested in this offer, make sure you shred the card and the information so that no one else can use it. In many landfills, there are people who do go through the trash to find cans and bottles that they can return for the deposit. If through the process of going through your trash, they find such an offer letter that has not been torn, they can easily sign your name, change the address and get a credit card in your name that they use and you are responsible for. Do not throw any bank statements, credit card statements or any information related to your finances in the trash without shredding it first. Even the account number can give someone else access to your account.

You are entitled to have a free copy of your credit report once a year. It is important that you take advantage of this so that you know what information your credit report contains about you. Scrutinize it carefully to make sure that all the items listed on the report do in fact apply to you. This is one way you can be sure that you are not a victim of financial fraud. If you see an item that you know for sure is not an account that you hold, you should contact the credit agency immediately and start proceedings to have the information corrected. It is too late to find out that there are inaccuracies on your report when you are turned down for a loan because of negative items that you did not know existed.

When you shop online or over the phone, you have to be extremely careful about giving out your credit card information. Before you enter your credit card information online, you must check to make sure that it is a secure site. Read the privacy policy of the site to make sure that any information you provide will not be sold or given to a third party. You also have to ensure that when you do give out your credit card information over the phone that the company you are dealing with is legitimate.

The Internet is loaded with phishing scams. These are emails you receive that seemingly come from your bank asking you to update your information. You may receive an email saying that your account is locked and until you perform certain actions, you will not be able to continue using the account. If you bank online, log onto your account immediately to see if there are any inaccuracies. If not report the email to the banking authorities. If you use an offshore account, such as Paypal, you should check your account regularly to make sure that there have not been any unauthorized deductions or deposits. Some people randomly select addresses and make small deposits just to see if such an account exists. If this is so for you, you need to take steps to have the situation investigated.

When you use a shared computer to do any of your banking, never save your password on the computer. Anyone can then use that computer and retrieve your information leaving you open to financial fraud and theft. When you use an ATM machine or use your debit card at a store, always make sure that you enter your PIN so that others around you cannot see the numbers you enter. If they can detect the number and there is a chance that you forget to take the card, then this person can then take all the money out of your account or at least up to the daily limit. By the time you discover your card has been lost, it may be too late and you money may be all gone.

Fraudsters have various ways of obtaining information about a person to gain access to his/her finances. One such scam is by telephone. You may receive a phone call telling you that you have won a trip and you have to press 9 to get more information. When you press 9, you do not receive any information but you have opened yourself up to financial fraud because the callers have access to your telephone number that they can use for long-distance calling. You do not even realize it until your receive your statement in the mail. If you receive any unwanted telephone calls, hang up immediately and never follow the instructions.


About the Author

Peter Kenny has been writing financial articles for 10 years and is a writer for The Thrifty Scot, please visit us at

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Using Wholesalers to Sell Video Games Online

Those who are interested in video games and online business finally have a way to combine both of their passions. Selling video games online is becoming a popular method of generating revenue, and for some people, it has become their sole source of income. The video game industry is consistently growing, and there is always room for new entrants. Consumers are increasingly turning to the Internet to buy video games, as it is much easier to find low prices online than it is in a retail store.

To compete successfully in the video game industry, it is necessary that you find a reliable, affordable wholesaler to provide you with products. Finding a wholesaler can be more difficult than it first seems. Simply utilizing a search engine and trying to locate video game wholesalers yields few relevant results, and the options that do come up are often not available to the average small business entrepreneur.

When you finally do come upon a wholesaler, they may not respond to your inquiries. In fact, many websites who claim to be wholesalers are actually retailers or resellers themselves, and have climbed their way up the rankings through illegitimate means. Despite all of these seemingly impenetrable inhibitors, there are ways to unveil the cream of the crop of video game wholesalers.

One of the most effective, although somewhat time consuming, ways of gaining contacts is by asking for references. Ask around in a local gaming community for tips, or join a forum and research possible opportunities. By going to a website that is focused on the video game industry, and participating in the community, you will eventually find a perfect connection.

Another effective way to bypass search engines is by going directly to a wholesaler review website. Not only do review websites provide a fantastic list of wholesalers, but you can also read previous experiences buyers have had with specific companies, so you can easily find which businesses are the highest quality and most reliable.

Make sure to invest a fair amount of time in unearthing the best choice, as the wholesaler that you choose ultimately affects the success of your own business. Read as many customer reviews as you can, as the more knowledge you have about particular wholesalers, the more informed your decision will be. You cannot spend enough time doing research; you do not want to decide on a wholesaler prematurely, and then find out later that you made a poor decision.

While the profit ratios are higher if you choose to stock products yourself, you can still make a fair living by employing drop shipping. With this technique, you sell the item, and then the wholesale company ships the product to the customer for you. You do not even have to handle the product at all; the only things you need to worry about are sales and marketing. The only problem is that when it comes to online selling, price is a more important factor than with offline sales, and if you cannot compete price wise, it is much more difficult to sell, especially when people can find lower prices easily.

Once you have found a reliable wholesale company, you need to choose a selling method. The form most used by sellers today is an auction site, usually eBay. With an auction website, you can set up a store for a low monthly fee and stock as many products as you want. After a few months, when you have established yourself as a brand, your sales will skyrocket and you can expand to your own, personalized domain.


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What Is Cash Out Refinance

A cash out re-finance basically enables the homeowner to re-finance their home for an amount greater than the balance of the exiting mortgage. The homeowners than repay the existing balance plus the additional amount over the course of the loan period and are given a check for the amount above and beyond the balance of the exiting mortgage. The homeowners can use this check for any purpose they choose now and repay the debt along with the rest of re-financed amount.

When is a Cash Out Re-Finance possible
A cash out option is available when there is existing equity in the home. This is important because the lender is able to justify the practice of offering increased funds to the homeowner due to the value of the property. This is because the lender feels as though the security of having the home for collateral does not put them at a high risk for the homeowner defaulting on the loan.

Homeowners who wish to take advantage of a cash out re-finance offered by a lender should inquire as to whether or not the lender offers this type of re-financing. This is important because not all lenders offer this option. It should actually be one of the first questions the homeowner asks when inquiring about re-financing programs. Doing so will save homeowners, who are seeking a cash out re-finance, a great deal of time.

How Can the Cash be Used
For many homeowners the most appealing aspect of cash out re-financing is that the additional funds can be used for any purpose desired by the homeowner. The homeowner does not even have to offer the lender an explanation of how the additional funds will be used.

This is important because once the lender writes the check for the additional funds, he has no concern for how the money is used. This is because the amount of the additional funds is rolled into the re-financed mortgage. The lender simply focuses on the homeowners ability to repay the mortgage and is not concerned with how the homeowner uses the funds which are released in the cash out.

While the purpose of a cash out re-finance does not have to be disclosed to the lender, the homeowner would be wise to use these funds in a judicious manner. This is because the homeowner will be responsible for repaying these funds to the lender. Some of the popular uses for funds collected from cash out re-financing include:

Undertaking home improvement projects
Purchasing items for the home
Taking a dream vacation
Putting money in a childs tuition fund or
Purchasing a vehicle
Starting a small business

All of the reasons listed above are excellent uses of a cash out re-finance option. Homeowners who are considering this type of a re-financing option should also consider whether or not the deductions are tax deductible. Using the cash out option to make home improvements is jus one example of a situation where the funds can be tax deductible. Homeowners should consult their tax attorney on the matter to determine whether or not they are able to deduct the interest from the repayment of their re-financing loan.

Cash Out Re-Financing Example
The process of a cash out refinancing option is fairly easy to illustrate with a simple example. Consider a homeowner who purchases a 150,000 with a 7 interest. Now consider the homeowner has already repaid 50000 of the loan and would like to borrow an additional 20,000 to make a rather large purchase or invest in a small business.

With this additional funding available the homeowners have the opportunity to use the equity in their home to make their dreams come true. In the example above the homeowner may refinance for a total of 120,000 at a lower interest rate such as 6.25.

This process allow the homeowner to take advantage of the existing equity in their home and also allows the homeowner to qualify for a substantial loan at a rate typically reserved for re-financing or home loans.


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Recourse or Non-Recourse Factoring, Which Is Better

For your business to flourish in spite of supplying to credit customers on a regular basis, you will need to have ready cash in your hand every time you need to pay your suppliers and your employees, and even take care of routine expenses. Business factoring is one such method that could solve this problem.

You could approach your bank for a loan to enable you to have access to ready cash, every time you need it. But, your bank will need collateral as security against any loan and you will also need to submit the audited accounts statements of your past 3 years, which would be very difficult, even if you have to break-even in your business or if your business is newly established. You would need to pay back the loan amount along with interest within the specified period in a specific manner. Thus, this mode of finance is quite rigid and there could be too many hurdles to cross, before you could lay your hands on the money.

Business factoring is a better option, where a factoring company buys your credit invoices of you and then wires the invoice amount into your bank account within a span of 48 hours after subtracting their factoring fee, which could range from 1.5 to 5 based on certain conditions set by the factoring company. The factoring company would also provide you with a choice of recourse or non-recourse factoring.

Recourse factoring is where the factoring company provides you with the deducted invoice amount, once you submit the credit invoice of your customer to them. However, the risk of collecting the invoice amount would still lie on your head. You would need to follow up with your customer on the due date and when you receive the invoice amount in your business name, then you would have to transfer that amount to your factoring companys name immediately, since that money was already been provided to you. If however, your customer failed to pay you the invoice amount on the due date, then you would have to pay interest on the invoice amount at a predetermined rate. The factoring company might also retain a certain percentage of the invoice amount over and above the factoring fee to be adjusted in case of such a problem. The factoring fees for recourse factoring are however lower than that of non-recourse factoring.

Non-Recourse factoring is when the factoring company assumes a limited risk of collecting the payment from your customer. Thus, in case the customer files for bankruptcy before the due date, then you could still be safe. But, this method still does not protect you, in case the customer delays while making the payment. The factoring company virtually takes over your collection department and has a free rein to pursue your customers, in order to collect your payments and can even take legal action against erring customers. The factoring fees are naturally higher in such a setup, since the risk factor for the factoring company is also higher. Since the invoice amount is collected directly by the factoring company, there is no question of any adjustments to be made, in case the customer pays on time.

You can therefore make an informed choice of either entering into recourse or non- recourse agreement with your factoring company based on your assessment of the risks associated with your business.


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Big Ideas for Small Business: Cross Training Your Staff

You already know it takes superpowers to run a business. You have to be a mind reader and a fortuneteller, and have the ability to be in 10 places at once. But even the greatest super hero needs back up. Cross-training your employees is the key. This article is designed to provide you with tips for cross training your staff so you relieve pressure by giving every employee the know-how to meet customer expectations that live up to your own. Specifics may vary from person to person; however, the following information includes helpful and important guidelines from which everyone can benefit.

The numbers are in, and the bean counters are smiling: Cross training does save money. Employees profit from learning new skills while keeping boredom at bay. Theyre more motivated, feel more valued and that means theyre more likely to stay put. Your organization profits from productivity that reflects on your bottom line. Need any more motivation than that Here are five signs its time to call for back-up - and give yourself a break:

1. When the neighborhood kids set up a lemonade stand, you ask for a P&L Statement.
2. Your idea of exercise if right-clicking.
3. You fall asleep to the "pings" of incessant emails.
4. You tell your kids to go play in their cubes.
5. Your favorite fruit is blackberry.

Seriously, though, relieving some of the pressure your experience at work can do amazing things to your productivity levels. It seems strange that getting rid of work actually lets you do more work But how do you know which projects to delegate and to whom you should delegate them

Cross-training your staff sometimes seems like it requires cross-training shoes to keep up. Nothing tests your endurance more than having to set goals, schedule briefings, monitor progress, etc. Are your employees up to speed on the latest company projects, proposals and projections Regularly scheduled meetings eliminate the guesswork and are an integral component to any cross-training initiative. They break down department barriers and build up teamwork. Keep meetings short, sweet and to the point hey, some pizza wouldnt hurt either. Here are five quick tips that will help you schedule successful meetings with your employees:

1. Establish a place to meet and make sure everyones informed
2. Prepare an outline
3. Create takeaways
4. Arrange to have any electronic equipment you may require
5. Use the right products to enhance presentations

Attending meetings is a way of life in almost every business, large and small Making the most out of every meeting by planning ahead, sticking to a time limit and a schedule will help everyone stay on track

Your cross-training efforts can also pay off big time with a united vision your customers will notice. Cross-training gives employees cross-functional expertise but - can they deliver your message persuasively presentation skills are fundamental and every dynamic one begins with the question: Whats the purpose of this presentation Is it to inform Motivate sell the audience on an idea From there, establish a structure with a logical flow for a presentation thats ready for prime time. One of the keys to making any presentation as dynamic as possible is proper planning. Here are five things to keep in mind as you teach your employees how to develop a great presentation:

1. Define your intentions
2. Know your audience
3. Collect as much information as possible
4. Build structure into your presentation
5. Practice, practice, practice


About the Author

Sharon Mann is President of the I Hate Filing Club, a group of nearly 100,000 office professionals who hate filing but love finding new ways to become more organized. Learn more about how

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Flexible Working and Teleworking - Five Strategies For Success

Flexible working and teleworking are taking the world of work by storm. And they will become even more important in the UK from April 2009 when the Government plans to extend the right to request flexible working to all parents of children up to 16.

Many businesses are nervous about the change. But there is mounting evidence that flexible working leads to increasing productivity and reduced overheads, quite apart from the positive impact on work life balance.

So what are the challenges that business managers and employees face with this new way of working?

Some bosses wonder how they are going to manage their staff or check they are working when they can no longer see them at their desks.

And some employees wonder how self- motivated they will be if they are remote working and are worried that they will miss the office banter and camaraderie. This may be a particular worry for younger people and those without families living at home.

But there are many proven ways of overcoming the challenges of flexible working. Here are five key strategies that will make the transition to flexible working a smooth one for your business.

The first strategy is to make the most of ICT. Use teleconferencing and instant messaging as a way of keeping the team in regular touch with each other. Set up a Virtual Private Network (VPN) so your staff can work remotely or on the move as effectively as in the office. Use laptops, BlackBerries and other technology so your staff can work anytime, anywhere, increasing productivity.

Secondly, be clear about what the specific outputs are that you expect from each employee and make this the way you evaluate their performance. Flexible working is all about management by output. The days of 'management by eyeball' are about to end.

The third strategy for successful flexible working is to maintain close communication despite not working at the same location Those who are most successful at flexible working are usually those who are the best natural communicators. Natural communicators manage to transcend the issue of working in remote locations and maintain effective communications with colleagues. One simple trick is to make sure you speak regularly on the telephone. Do not lapse into the habit of having only email contact. It is far easier to detect any underlying issues or concerns when you speak on the telephone and it is also easier to motivate your staff

Next, it is vital to have regular team get-togethers if some or all of your team work remotely. Regular face- to- face team meetings, say every week or fortnight, help keep everyone on board with the overall vision. These meetings also help motivate your remote workers and help them see where their role fits in. What's more, meeting up socially really helps to keep that all important team dynamic going. Some staff who are flexible working miss the social aspects of working in an office and so regular get-togethers will help fill that gap.

The fifth strategy is to recognise that people do have a life outside work and make sure your staff know they are not expected to be on 24 hour call, just because they are remote working. When they have the flexibility to work remotely rather than in the office, many people tend to work longer hours than before.

This is partly because they use some of the time they would previously have used on travel to work actually working instead. They also tend to work when they are at their personal peak, whether that is early in the morning or late at night. Indeed, this is partly why flexible working and teleworking tend to lead to improving personal productivity.

However, some remote workers find it hard to switch off and this can lead to stress and health problems. So make sure your staff know they should make full use of the Off button on their mobile phones and computers.

Follow these five strategies and your business can enjoy the advantages of flexible working, with increasing productivity, reduced costs and improved work life balance.


About the Author

Julian Cowans is Project Manager of actnow flex, a project funded by the South West Regional Development Agency, Cornwall Enterprise, BT and other partners. actnow flex offer a range of tips for managing flexible working employees for UK businesses.

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The One-Page Business Plan for Your Bookkeeping Service

Sometimes the thought of sitting down to draft a business plan sends me running for the hills, even though I preach the importance of planning to all of my clients Small business advice: Without planning, your bookkeeping business goes nowhere fast. When you fail to plan, you plan to fail.

What I have come to learn as a business coach is that business plans dont have to be long to be good. In fact, a single page can contain all the essential elements you need to show where youre taking your bookkeeping business and how youre going to get there. The most important reason to have a business plan is to clarify your thinking about where you are taking your business. When its in writing, others will know and understand your vision and your plan.

Here are a few characteristics of an effective one-page business plan for your bookkeeping business:

- Simplicity. A one-page plan takes a complex subject and makes it simple.
- Focus. It focuses on whats important. There is no room for fluff or filler.
- Versatility. It is a communication tool for employees, prospective employees, partners, shareholders, investors and bankers.
- Consistency. It sends the same message to every person who receives it, unlike a verbal presentation, which may change every time you speak.
- Flexibility. It is easy to change and update.

The Five Elements of the One-Page Business Plan:

1. The Vision Statement - What are you building

This is the place where you describe your vision - your way. Most business coaches will tell you that vision statements should be expansive and idealistic. They should stimulate thinking and communicate passion, while painting a detailed picture of the bookkeeping business you want. The key to capturing your vision is to refrain from restricting the flow of thoughts.

2. The Mission Statement - Why does this business exist

The mission statement describes the purpose for which your product, service or business exists. Great mission statements are short and memorable. They communicate in just a few words the companys focus and what is being provided to customers. They answer the question, "Why will customers buy this product or service" The mission statement should also reflect the owners passion and commitment. When the business satisfies an owners passion for creativity, independence or the need to serve, there is substance and staying power in the mission.

3. The Objectives - What results will you measure

Objectives clarify what you are trying to accomplish in specific, measurable goals. Some of the best small business advice that I can give you is this: for an objective to be effective, it needs to be a well-defined target with quantifiable, measurable elements. There are many types of objectives, and your plan should include a variety of them. For many businesses the two most important categories will be the financial and marketing objectives. It is important, however, to tailor your objectives to cover the full scope of your bookkeeping business, focusing on the goals that are most critical to your success.

4. The Strategies - How will you grow your business

Strategies set the direction, philosophy, values, and methodology for building and managing your company. Strategies also establish guidelines for evaluating important business decisions. In most industries there are four to six core strategies that successful businesses follow. These core strategies are easy to understand, remain relatively constant over time, are used by market leaders and result in profitable growth. Here are two examples of a core strategy: "Price isnt everything," and "Attract the very best employees and give them a stake in the business." What are your strategies

5. The Plans - What is the work to be done

Plans are the specific actions the business must implement to achieve the objectives. Plan or action items should contribute to the growth of your bookkeeping business. Each plan or action item is, in effect, a project. Plans should be action-oriented, list specific tasks and have definitive deadlines or due dates.

Once your plan is in writing, it is now time to put that same plan into action. Putting the plan into action is the most important step because the actions deliver the results you wanted when you started this process. For most entrepreneurs, this is easy - you are already action-oriented Here is some business advice, as well as a few suggestions, to help you put and keep your bookkeeping business plan in action:

- Keep the plan with you.
- Use it as a decision-making tool.
- Update it with new thoughts.
- Share it with people you trust and whose opinions you value.
- Measure your progress at least quarterly.
- Prepare a budget to match the plan.


About the Author

Linda Hunt and Laurie ONeil are the co-founders of The Bookkeepers Referral
Network Inc., the place where business meets great bookkeepers. To get your
copy of The 9 Disastrous Mistakes Most Freelance Bookkeepers Make in
Business and How You Can Avoid Them visit http://www.bkpr-network.com

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