Big Internet Business Lies

You have heard from people saying Internet Business is a waste of time, you will not make any money, there is no real money to be made online, it will never work and so many others negative words coming from people who don’t really understand in this Internet Business industry.

The thing is, it does work. Why some people make a fortune and some don’t even make money at all? Simply because the people who make thousands or millions of cash knew all the lies in this business and they will not trust these lies.

So what is this big internet lies? Below here are the 10 big internet lies that you should know:

1. Starting And Running A Business On The Internet Is Expensive

Do you know that you can start your business with zero cost? You can actually earn your income by joining a very high quality affiliate program. Usually, as an affiliate marketer, your job is concentrating on marketing only. All the follow up, delivery of the product, answering questions from customers and so on are done by the owner of the program.

Usually the ‘expensive’ statement often comes from people who are living in non-U.S. countries, especially if the country’s local currency is smaller than that of the U.S. Dollar. If it is not a currency issue, it is a vision issue. See and think small to get small. See and think big and your results will have a tendency to match your thoughts.

2. You Can Make Easy Money From The Internet

Most people believe you can make money overnight and by not doing anything at all. If it is what you have in mind right now, this myth is what sets the realistic apart from the unrealistic. You have probably heard of stories of how people make 5 to 6 figure incomes in the shortest period of time imaginable.

These stories might be true but did you know most of them have failed so miserably several times before they can really make money? They have learned from their mistakes and move on. It may seem as if some gurus are overnight successes with the wild numbers some people have brought in during a day or a week selling information or products online.

Some interesting facts about overnight success – it normally takes months if not years to realize. In other words, they prepare, they create a joint ventures, they get ready and then build up anticipation for a launch – then BOOM it explodes!

3. You Must Know HTML, Programming And Graphic Designing In Order To Start Your Business

You don’t need to know all of these at all. Period. In fact, one of the biggest shockers was the discovery that most of the biggest on the gurus today do not have the first clue as to how to build a web page.

These gurus earned more money because they knew how to reach people. They either outsource for professional help or establish Joint Ventures with other individuals who can compensate their lack of knowledge in any one of these areas.

As a matter of fact, most successful people are true successes because they only focus their time on what brings them successes.

If you want to create your web pages without having to learn programming, HTML and designing skills, just find someone else that can do it for you. There are many professional web designer you can find on the Internet which you can hire them to design your web pages exactly like you wanted.

4. On The Internet, There Is No Need To Know How To Sell

This statement has make people who hate selling are attracted to ads that read “no selling required”. Think for a moment, is there any logic at all you can make money without doing anything at all? Usually these programs are usually unworkable and some are run by fly-by-night operators.

In this business, don’t try to sell to other people. Instead, you inform your potential customers. Show people what their lives would be like with what you offer and you will have a sale without selling anything at all!

5. You Don’t Have To Build A Mailing List At All

Laughing out loud – that is like saying, “I don’t want to be in business”. Put this in your head, your mailing list is as important to you as the “Yellow Pages” is to a conventional B2B business.

“The money is in the list”. You probably heard this from most gurus out there. But you should also have this word in your mind, “The money is in the relationship”. The idea of networking with people is unattractive to most who hate to sell.

Remember though, you are not selling anything. You are just showing people their life and how it can easily be enhanced by what you have to offer.

All the above are just some of the big Internet lies. Actually there are a lot more Internet lies you should stay away from. You have to be smart in order to really achieve success that you could possibly imagine. Success is like enlightenment. It is a path and not a destination.

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Essential Elements of Profitable Sites

What technology tools do successful websites use? Remember that a website is a store front; it’s your customer service rep, delivery guy and your marketing department rolled up into one.

People don’t enter stores that have a closed sign at the door. (Well some do, but… you know, we talking about the law abiding kind here.) Nothing says ‘Closed” louder on a website than old content: old date references and postings. So one of the best things you can do is to get a script that keeps the current date front and center for your visitors. You don’t have to update it everyday – it does it all by itself.

Now that people think you are home, and open for business, they may inquire about your product. You must have a customer service desk. This can take the form of a form where they fill out their name and email. It can be to simply subscribe to your newsletter or they may have a specific question. If you want to have a ‘stress-free’ site, try post an FAQ section – Frequently Asked Questions. Then one of the important things you will want to have is an autoresponder.

An autoresponder will keep your site in the mind space of your potential clients who have signed up for your newsletter or requested more information. It will send out preformatted emails at defined intervals automatically. Did you know that after 5 emails, the likelihood of making a sale increases steadily? It may seem like you are being intrusive, but they will be able to unsubscribe if they wish.

Urgency Sells: When you offer limited time offers, you cause people to make decisions. You need a script that keeps a deadline up to date on your website. It would generate a line that looks like this: This offer expires on XX/XX/XX, so act quick!

The Popup Generator - Pop up windows that appear on your web site when a visitor enters or leaves your web site have been shown to dynamically boost subscriber rates and sales. Even if you don't have any programming knowledge, you'll be able to add a popup to your site with a single click

Tell A Friend Generator - No matter what promotional tools you use on your site, no tool is a match for the power of viral marketing. Use this generator to create a quick, one-step button that you can add to your web site that will let your visitors tell their friends about your site with just one click! Add this to your site and watch a whole new flood of targeted traffic come in!

All these types of scripts are available for free or for a small fee online. I suggest that in addition to these sites, that you visit lots of sites you would like to emulate and see what they do well, what strategies are particularly effective and find ways to incorporate them.

I know even just the little bit above seems overwhelming. Well perhaps a mentor, someone who has done all the above and more would be of interest to you.

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How to Find the Best Business Schools

You are in the workplace and you find that you are working hard for average pay, but you don’t feel that you’re advancing or learning new things; you feel that you are stagnating and are losing your touch on things, or that you are not as fast and as adept, or even as up-to-date on trends as you once were. You are in your final months as an undergraduate, and you have a fairly vague idea of where you want to be in the future: running a business or being part of one, and earning more money thanks to your knowledge and education. In either case, you may want to look for a business school to help you out and make you achieve your dreams – but what are the best business schools?

Despite all the lists and compiled school summaries that you will find both online and offline, the best business schools are really those that will help you succeed in the line of business that you want to get into. There are many different business schools out there with many different specialties, so if you are looking for the best business school to go to as you want to advance your career, or get into the workplace, you will need to know what exactly it is that you want first. Are you going to be doing accounting and auditing? Will you be running a business, managing people, hiring people, handing out salaries or wages, or overseeing processes?

Once you know what it is that you want to do, then you can pick out the best business school for you. True, there are the top tier business schools such as Wharton and Harvard, but consider other smaller business schools that might not be as well known, but are experienced in teaching the business aspects that you want to know more about. In particular, if you can find information on alumni of the school, see if their interests and credentials match yours. You might also want to check if the business school to which you are applying is accredited, as this can be an important benchmark of school and curriculum integrity.

You may also want to consider either a live classroom or distance education as the mode of instruction. If you opt for the live classroom, you will have the convenience of really going back to school and not having a headache over the computer programs and computer-based texts that distance education schools will employ. On the other hand, a distance education program will allow you to go to school even while you are based at home, or while you are still on the job, so that you do not have to go through the inconvenience of having to actually return to school. Look for schools that offer the mode of instruction that you need.

Moreover, look for schools that will offer you financial and job assistance. You can have scholarships or even fellowships to go to business schools, and often, the best business schools receive a lot of funding that will be shunted into their scholarship or fellowship program. Once you graduate, some schools will also offer you job hunting assistance, and others, as they are allied with companies, will actually give you placement.

These are only a few things to watch out for as you look for the best business schools. For more information, look for these schools online, and start planning your future in detail. Once you know what you want, you can find the best business school for you.

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Tips on Choosing a Business School

Some people enroll in a business school just for fun, for leisure. Some say it's for experience, for others career advancement is their reason. Other professionals would say going to business schools is required for a possible job promotion. Peer pressure is also one, "My friends are enrolling in a business school so I'm going to join them too." No matter what the reason may be, choosing a business school may affect your career or lifestyle. It is imperative that we analyze the business schools first before you enroll, this will help determine your future career.

The website of The School of Management at the University of Dallas in Texas provides the Top 100 rankings of Business Schools. Business Week also features B-Schools page in their site that presents Business School Rankings and profiles. Bschool.com also gives out International Side by Side rankings of the best Business Schools. About.com can also help you in identifying top business schools for grads and undergrads. We may use the database of these sites to track down credentials if a Business School of your choice is really worth your time, money, and effort.

Before you spend money for the enrollment, isn't it wise if we will examine first the profile of the school and consider some important aspects? Here are some guidelines to light your path.

* Degree
Does the Business School your eyeing for offers a degree that you want? There are even several options whether you would like to take a 2-year or 4-year program. If the degree that you wish to take is not in the list then look for another school, don't waste your time in a school where your chosen degree is not offered.

* Cost
Can you afford the tuition fee and other possible expenses? Next thing that you will consider is the cost of your enrollment, is it worth your money? If you are really dying for that school and don't have enough budget you can apply for a part-time job for an extra income before the enrollment. In this case, you can gather more funds by saving for your tuition fee. You're lucky if you don't have a problem with the budget but it doesn't end there...

* Future
Consider the graduates of the school if they are achievers or successful in their fields. Most likely, the products of that Business School reflect the capability and excellence of the school. If you know a graduate of that school, have a little chit chat with him and get some feedback or bits of advice. After all, your goal is to obtain a brighter future right?

* Curriculum
Request for a curriculum and study it carefully. Is it broadly focused like a general program for business administration or is it narrowly focused meaning there are areas of specialization? Which program works best for you? If you are more on production, then choose a curriculum that is specialized in production.

* Facilities
Isn't it more convenient to study in a school equipped with great facilities, classrooms, libraries, and other buildings? This will add up to the school's competitiveness and degree of professionalism.

* Schedule
Does the school offer a more flexible class schedule? Does it only have one day fixed schedule? Know what is best for you. Do not choose a class schedule that overlaps your other work activities. You do not want to run in late always do you? You can only serve one master at the same time.

* Faculty
Get to know the faculty staff of the school. Are they morally upright? Are they also academically outstanding with masteral degrees and achievements in their own fields? Consider those instructors that you will encounter, are they worth your time? You should be able to learn a lot from them that will be beneficial for your growth personally and professionally. The teachers should be dedicated enough in teaching othewise you're just trashing money and wasting time on them.

* Dignity or Reputation
If you can afford to enroll in a prestigious Business School then do it. There are sites that you can visit, as mentioned a while ago, to determine the high ranking business schools. Bear in mind also that not all top-ranked Business Schools have good reputation. Enroll in a school that is and was not involved in any malicious or unethical scandals, this way the dignity and integrity of the school is preserved.

* Student Feedback
Sometimes, reading thorugh the brochures and official websites of these schools are not sufficient if you are a bit reluctant about the credentials of the school. Interview some students and get reactions from them. Based from their comments was the school good enough for you or are you not satisfied with what you heard?

There you go folks! Those are just some of the factors that you should watch out for in choosing a Business School. Keep in mind that you hold your future, no matter how perfect and how outstanding your Business School is if you don't strive for better perfromance, it will all be wasted. The abovementioned are only standards or criteria that will guide your way but in the end, it all depends on you.

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eBusiness Is On The Rise

What is an Internet business income opportunity? This is one question that many people ask about when they first learn about working at home through the Internet. The fact is that you can make a good residual income by working at home with an Internet business. The startup expenses associated with an Internet business income opportunity are nowhere near what it would cost you to startup a regular bricks and mortar business. Selling on the Internet is called ebusiness and millions of people have latched onto this new way of making money, a very good Internet business income opportunity.

Consider all the things you have to do to startup your own regular business. Office space, staff, salaries, cost of equipment – these all add up to a great startup expense. With an Internet business income opportunity, you get everything you need for your Internet business startup for one low cost.

People from all walks of life are starting up their own home based business which lets them work from home on a full or part time basis. The Internet business startup expenses only include the cost of a computer, an Internet connection, the purchase of a domain name and web hosting services. If you already have your own computer and the Internet connection, then you are already on your way to taking advantage of an Internet business income opportunity.

An Internet business operates from your own home. Depending on what it is that you do, you don’t have to have a stock pile of inventory or deal with shipping products to customers. You can become a reseller, which means you simply take the orders from customers through your website. You do need to find a supplier for your Internet business startup, but this is only easy to do. With this type of Internet business income opportunity, you can sell products from your website by sending the orders to a company, which in turn sends them out to the customers. You retain the profit from each and every sale.

One thing you do need to know about an Internet business income opportunity is that it is not a get rich quick scheme. You do have to work at it and working from home requires discipline. It means that you do have devote a specific amount of time each day to growing your business, whether that is finding new affiliates for your website, adding new products to sell or spending time writing. Most of the Internet business income opportunities give you all the tools you need to succeed, but you do need to work at it. Just setting up a website and not doing anything with it will not get you anywhere.

If you are looking for an Internet business income opportunity there is no shortage of choices.

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Adsense Good or Bad?

I have often pondered this question? Here are my own basic thoughts on the complex subject.

Most websites I visit have some kind of adsense system running; I would estimate that some of these are making good money from the Google system. Certainly sites with over 1000 visitors per day should receive a small amount of revenue.

Generally I believe the adsense system is a good one, however like most things these days the adsense system has been misused by individuals who fully understand how search engines work; unfortunately these people have already made their money. These people have used many tactics in the past to raise their sites page ranking, thus ensuring more visitors, more visitors means more revenue from the system. These sites are generally kept open for a few months and then closed down, with the next one instantly opened up. This practice has been going on for years. The sites are even sold daily on EBay; I would imagine they are just about to be banned.

What normally happens when a few people misuse a system is it leads to others suffering, and in this case it has happened. Google is sandboxing new sites for longer. Saying this company had to act, they have now introduced the ‘Big Daddy’ update. This update has affected sites that have large numbers of irrelevant links or millions of irrelevant web pages. Unfortunately it has also affected the ranking of genuine businesses; hopefully this is just a temporary blip. My own opinion is the internet should be a level playing field for everyone; however I somehow doubt it ever will be.

I believe there is a place for adsense on most sites as long as it is discrete, well set up and does not look out of place, (fonts, colours etc), The main thing to think about is what do you want from your visitors. Most sites offer a product to potential customers. This causes the dilemma of balancing potential revenue from adsense against losing a potential customer, what I mean by this is, a visitor may be interested in your site, however you could lose them instantly to Google. This is why in my opinion is if your site has a product you are selling, you should never employ adsense on your homepage.

In conclusion I like the system, it is easy to set up and user friendly. I hope Google manage to filter out the unethical element who in the end will only spoil things for everyone.

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About AdSense Fraud

It's worthwhile to examine Google's definition of Google AdSense and Click Fraud , before delving deeper into “AdSense Fraud” .

Google AdSense fraud is one of the diseases that plague the Ad Words advertisers. The AdSense program essentially allows website publishers/owners to sign up with Google, enabling them to display Google Ads on their sites. These publishers essentially act as “Google Partners”. The ads chosen by the Google bot for display are contextual and the ads are related to the contents of the publisher's website, more specifically that particular web page. The intent for Google is to capitalize on the traffic to these (in practice) niche sites and provide highly direct targeted traffic to the advertiser. A subset of the users of the Google Partner website, click on those ads and Google charges the advertiser per click. Google shares the booty with the website publisher but the revenue sharing ratio falls under Google's “undisclosed “criteria. While the exact amount can be reverse engineered, the take home lesson is that the final amount is proportional to Google's income from that click.

In theory it's a match made in heaven. The advertiser gets good ROI through targeted traffic, the publisher gets to monetize the traffic on their website and the web browser gets to buy that classic CD that he couldn't live without. Not to mention that Google gets a wad of cash. The gods of lucre smile beneficently on all.

Unfortunately, this happy façade hides blemishes. Severe ones. For all Google AdSense Publishers are not created equal. While (we daresay) many advertisers have a genuine website, providing a valuable or interesting service to the world wide community, there is a significant number of unscrupulous operators who are out there to prey on the advertisers. These creatures of the night (and we will explain later why we use that term), make websites for the express purpose of milking AdSense revenue.

This category of fraudsters deserves a taxonomy of its own, which we have developed (the other categories, click fraud and impression fraud are even bigger problems in some industries). In the interest of not being gender biased, we have alternated between genders. We hope that our lighthearted tone does not mask the revulsion that we feel towards these cheats.

Regressive Fraudster ( aka ClickMonkey ):

This guy is at the bottom of the food chain. Inspired by the riches of his neighbor Ms. Jones, who has been making more than ten grand a month in AdSense revenue, he plans a course of action. He “invests” in a clickbot software( a simple google search reveals many) and gets a list of anonymous proxy addresses. He then goes to register a few domains and hires someone off of elance to create a “network of sites”and “ click bot ” . He hopes that the interlinked sites will provide each some “link popularity” and increase his page rank. If only it were that simple! He then proceeds to use the 30 dollar clickbot to start clicking on the sites. Or he could click on them himself manually using the proxies. We don't call him click monkey for nothing. He clicks and clicks all the way to see his account getting banned. No banana for this monkey! His calls of despair to google fall on deaf ears. This person is likely to quit, but sometimes retries to get up the food chain, the Wanna -Be-Fraudster.

Wanna -Be Fraudster ( aka BOZO):

This girl searches for high paying keywords like “home loan equity” (current ad words rate: 45 dollar), or “web hosting” (ad words costing 20 dollar). She correctly guesses that the AdSense payout is proportional to what Google earns and therefore homes in on such words. Her strategy is to make a page with contents that are appropriate for the targeted high payout keyword. She moves ahead by clicking on the link multiple times and recruits friends and family to give them a click. Or ten!

Little does she know that Google has a 45 day inspection period before she get her nubby little fingers on that cash. With little to no knowledge of Click through Ratio , her greed couples with her ignorance. Seeing her ill-gotten paper wealth multiplying in her AdSense interface, she increases the clicks. Google however inspects the CTR and throws a fit when they see a CTR exceeding 20%. Furthermore, Google notices clicks mostly originating from a few IP addresses and that essentially seals her fate (or rather docks her earnings). That virtual cash is now just some deleted bytes on a hard disk on Google's servers. She moans, nay she rail against the cruelty of Google's policy. Some of these people wisely cease and desist such activities, perhaps philosophizing about the NFL (no free lunch) theorem. Others however see it as ground school for the next stage of nefarious behavior. The Almost-There Fraudster.

Almost-There Fraudster ( aka SmartAlec ):

The archetypical ATF is supremely confident in his ability to fool Google. Like the BOZO, he looks for high paying keywords and makes appropriate website(s). Let's assume that he is in a third world country, just to make the case more interesting. The case described here is 1 year old news. He has read this article and taken the learnt the subsequent lesson . He knows that that the clicks from the IP Addresses of USA, UK & Canada are worth much more than the clicks from the IP Addresses from the third world countries. He therefore seeks to befriend people from such IP addresses by logging onto messenger services.

This way, he gets the unique, unrelated IP clicks and (he hopes) that Google is fooled. Remember “creature of the night”. Well, these people typically are more than a few time zone removed from the US or Canada and therefore are up at odd hours whenever they feel that their targets are most likely to be active. Plus they sometimes have to deal with “inconveniences” like a day job.

AT fraud thinks that the clicks he obtained by trolling on these sites is a job well done. He has got clicks from the IP address of his choice .. An interesting factoid is that for AdSense, state also matters. Clicks from Washington and New York State have the highest payout for AdSense Fraud.

He has just one problem. His tragic flaw. While he worked so hard to get the unique IP and high earnings, he is not able to maintain a good CTR. He is likely to cross the limit of 30-40% of daily CTR and 10-20% of overall CTR. He ends up in the same purgatory as the BOZO. The account is banned, and he gets the abominated email. Yes, the “AdSense account closure”. Almost-There is never good enough in this nether world of AdSense gaming. Although it is possible that he would have made a few thousand dollars before the punishment catches up to his crime. Crime doesn't quite pay, now does it? Well, gentle reader, unfortunately crime _is_ paying to the next category. Fraudster Maestro ( aka Satan's Spawn).

Fraudster Maestro ( aka Satan's Spawn):

This category of fraudsters is the most sophisticated and rarely gets caught by google . She has researched the high paying keywords as well as the CTR issues well. She has the smoothest lines in the business of soliciting clicks. She can flirt online, and ask to click the “link” for her picture. Or she may claim that clicking the link causes the hungry child to be fed in Ethiopia . Let's follow a typical “simple” chat session:

US User : hello

FM Fraud: what are your coordinates, handsome?

US User : NY , NY

FM Fraud: Oh! Wish I could be there. Can you help out a damsel in distress?

US User : sure

AT Fraud: I have made a site and want to see if all the links on this page are working or not. Can you please click on the links and see if the other page loads?

US User: Sure. Link?

FM Fraud:www.fraudstersite.com/high-value-keyword-page.html

US User : wait! Yes I checked all the links and they are working fine.

FM Fraud:
Thanks

US User : so can we talk about you now? ( Message Not Delivered as the fraudster has blocked the User and is busy looking for a new victim)


And she has lots of tricks up her repertoire besides chatting up strangers. She knows about opt in lists, usenet and blogs where she can snare the victims. Technically savvy and able to empathize with her victims she doesn't let arrogance get in her way to success. Since she is very mindful of the CTR issues she has a secret weapon. She has optimized her site for some low paying keywords which are really not competitive. She organically gets lots of traffic (but for things unrelated to those competitive high paying keywords). In her website, she may be giving away free greeting cards Or free screensavers. End result is a fabulous impression count. The second step for her is to makes unrelated pages on the same site and these pages pertain to the high paying keywords. These keywords are used to attract the victims of chat sessions. The process of getting the clicks is different but the results due to CTR are very lucrative.

So, how does all this geek talk affect the PPC advertiser? It's a 5 billion dollar+ dollar market(for exact projections onto the future, please check out our FAQ, and with a 20% + fraud rate, we are talking about a 1 BILLION dollars fraud per year. Even Dr. Evil may be impressed by such a number. It's greater than the cumulative GNP of a few banana republics. And a fair chunk is ending up in the coffers of these fraudsters. We know from anecdotal evidence, how people are clearing up to 20 grand a month. All, courtesy of the hapless PPC advertiser.
We want to emphasize that there are lots of authentic sites serving genuine content. But unfortunately the existence of these people (as discussed above) reduces the ROI of many advertisers to the extent that they rethink their interest in PPC. In the word of one of our organic SEO customers, with PPC “you always get a little less back than you put in”. It needn't be that way, if you watch carefully where your ad words traffic is coming from and take some steps (such as traffic analysis or at the very least a log file analysis) to protect arm yourself. Look for patterns, some of which are obvious(such as large traffic spikes from India). Unfortunately other patterns may require a doctorate in artificial intelligence. Still the keyword is to stay nimble. Convincing search engines to refund money is a lot tougher and a lot more work than proactively watching for problem visitors and taking steps that you deem appropriate. Before the situation goes out of hand. Remember, an ounce of prevention…



We want to emphasize that there are lots of authentic sites serving genuine content. But unfortunately the existence of these people (as discussed above) reduces the ROI of many advertisers to the extent that they rethink their interest in PPC. In the word of one of our organic SEO customers, with PPC “you always get a little less back than you put in”. It needn't be that way, if you stay nimble. Convincing search engines to refund money is a lot tougher and a lot more work than proactively watching for problem visitors and taking steps that you deem appropriate.

Some things you can do to stay ahead of the game. This is by NO means an exhaustive list, but it's a start. It's sorted by the level of protection in ascending that you may need.

1> Let your visitors know that you are tracking them and know quite a bit about them. For instance, if you visit www.sofizar.com , you will see information about yourself. You can display this information to all your visitors, or only to some of them. It can be in-your-face or subtle, but it will remind at least some of the fraudsters that they are being watched. Sofizar provides free sample code and connection to its database allowing you to display “premium” information(like City, ISP, ISP contact number).

2> Invest in a serious visitor tracking software. Set alarms based on the number of times a person clicks on your site in a certain time period(hourly, weekly, monthly). Display the same information to someone who is definitely PPCing your budget to death, as a custom message box. Something harsh, if the pattern keeps up. “We are logging the usage, and we are noticing that you keep clicking on our site through PPC. If you don't cease, we would be forced to call your local ISP at +91-23-344-5678”(if you see the information that we can glean about visitors, you will know we can get even more specific). This will weed some of the casual fraudsters.

3> Start checking for things that we have discussed earlier, by investing in an industrial strength data collection package. Based on your data collection, one strategy is to score each visitor, deducting(or adding points), based on the following (non exhaustive) list.

a. Visitor conversion/past conversion history.

b. Visit Depth Analysis.

c. Visit Time Analysis(time spent on each page, and time of day the visit happens).

d. Cookies/Javascript/”Unknown OS”

e. Keyword Cost analysis.

f. Anonymous Proxy Server

g. Is part of “Fraudster list”.

h. Country/Localization analysis(are you really targeting people in Sao Paolo , Brazil for your French Restaurant in New York ?).

4> Do pattern matching. See what your top 20% of your customers do as part of a “macro pattern” and match the visitor against that pattern.

Keep in mind that you will get a few “false positives” and vice versa. A few innocent people may get tagged unfairly as “fraudsters” while a few “fraudsters” may well give you the slip. It's not an exact science, but over a period of time you can get fairly close. If you decide to take up your case with Google, you have to make a very convincing case. All based on meticulous data, instead of (what may be considered by them as) paranoia.

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Get compensation from the truck company

Most of the trucks are owned by truck companies that employ drivers to serve their purpose of driving trucks. To save on costs, most of the truck companies employ inexperienced drivers so that they can pay them less. This causes most of the trucking accidents that take place in the United States. The inexperienced drivers drive rashly without following or obeying the traffic rules and speeding.

Another cause of truck accidents is the low maintenance of the trucks. The truck companies spend less than one tenth per truck than what they should actually pay for the truck maintenance. This causes fault or in the machinery or electrical parts and cause dreadful accidents.

Though most of the times truck driver or the truck company is responsible for the accident yet it is very hard to get compensation from them. It takes years for the victim to get justice and claim which break him physically, emotionally and financially. The truck companies are least bothered and within a few days/weeks the truck is back on the road due to the loopholes in the judiciary or the weakness of the lawsuit against it.

It is therefore very important that the lawsuit is filed with lot of deliberation by good truck accident lawyers to get the best compensation. A personal injury lawyer will also be helpful if you have received bodily injury that you want to be compensated. A third party victim who is injured due to collision between truck and any other vehicle can also claim compensation from the truck company if he hires a good personal injury attorney.

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Advantages Of Life Insurance

Whole life insurance also known as “permanent” or “straight” life insurance is one of the most applied forms of insurance. This life insurance policy covers one’s entire life. This is much in demand because of its ability to provide financial protection and accrue cash value and pay dividends to the insured. In other terms, you can say it as an investment, that you make to secure your future build up finance that helps you in your indigence.

Taking a whole life insurance policy leads to a number of benefits and advantages. Few of them are listed below.

1. The first advantage is The Death Benefit.
The whole life insurance policy guarantees you the death benefit that never decreases. Moreover no federal income taxes are charged upon death. And if you desire, death benefit can be taken as a monthly income instead of a lump sum.

2. Consistency of premium level.
Unlike term life insurance’s premiums, which increase at the time of renewal, the premium you pay in whole life insurance remains consistent. There’s no increase. However, use of dividends can minimize the premiums that you pay and contracted for.

3. “Cash value” is another beneficial feature of whole life insurance.
Unlike other life insurance policies, whole life insurance policy accumulates the useable cash reserves. This increase as one pays premiums and also accumulates tax deferred. And if you decide to surrender the policy, you receive your cash values.

4. Participation in whole life insurance policy earns you the dividends.
You are eligible to earn dividends if you own a participating whole life insurance policy. You receive this dividends in cash, which you can further use to either purchase a paid up additions, to minimize premiums or you can keep it within the policy to generate interest.

These advantages of whole life insurance policy are really worthwhile. If you are not confident you should consult an expert before taking up any policy.

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Guide To Home Contents Insurance

Basically, home contents insurance is insurance protection against the replacement cost that you would otherwise have to pay to replace the contents of your home in the event of then being lost, damaged or stolen. As is the case with home buildings insurance, the main factors contributing to grounds under which you can make a claim against your home contents insurance include theft/burglary, damage due to floods, burst water pipes or boilers, etc.

There are, however, two very important factors that you need to keep in mind when insuring the contents of your home:

First, in the case of home contents insurance, it is rarely the case that your mortgage provider is going to insist that you have this type of insurance as part of your mortgage agreement;

Second, regardless of whether you own or rent the property you are currently living in, you should still be looking to insure the contents of your home – as these are your personal possessions.

Two further aspects of home contents insurance also need to be considered carefully when you are checking out the different kinds of policies on offer. In some, but not all, cases you can be insured for your home contents even when the items listed in your home contents insurance policy are not actually physically located on the home ‘property’. So, for example,

First, it is possible to claim when you are transporting items from one place to another and they are stolen.

Second, home contents insurance is insurance against the replacement cost of the item being insured.
It does not, nor is it intended to, insure you against the nostalgic value of the item damaged/lost. So, for example, if you insure a picture your deceased grandmother gave you, which would cost £20 to replace, it makes little difference that it was your deceased grandmother who gave it to you and that it cannot, therefore, be replaced.

Although home contents insurance is, in all but a few very rare circumstances, a completely voluntary scheme of insurance to subscribe to, if you are in any doubt as to the value of this insurance scheme, take a quick mental inventory of the contents on your home and their value and then get a few quotes off the internet and you’ll soon be seeing the value of having your home contents properly insured.

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About Employment Insurance

It has often been said that bad things can happen to you even without your cooperation. That can also be said about jobs and careers. Shortage of available work, mass lay-off and retrenchments, reorganizations and mergers, in today fast pace anything can happen. When it comes, the experience can be devastating for many, made worse when savings are not enough, debts are high and payments are in arrears.

Being prepared is always the best way to cushion the effects of loosing income. Having insurance employment makes you continue to enjoy the benefits of income. Employment insurance can aid you on receiving maternity, sickness compassionate care services, provide support for a member of the family who is ill, caring for an infant, even fishing benefits and many more.

To apply for an employment insurance all you have to do is submit an application online. Employment insurance is paid even when the applicant will receive money when unemployed.

When applying for an employment insurance a "Record of Employment" will be required from you that you will have to get from your last employer or a proof of employment like pay slips, pay stubs and certification.

Other documents that you will need when you apply for an Insurance Employment will include:

Social insurance Number. If your SIN number starts with a 9, that means that you are an immigrant and will need to also supply your immigration status and work permit. You will have to supply a record of employment covering the past 52 weeks When claiming for medical and sickness benefit, a medical certificate will have to be furnished. When applying in person, prepare your driver’s license, passport or a birth certificate. Furnish also complete bank information.

Checks or voided checks from your current personal account will be required, as payments will be made direct to that account. When applying for parental benefits, the Social Insurance number of the other parent will be required.

If you are applying for compassionate care benefit, a medical certificate has to be supplied. You will also have to provide your version of the facts surrounding the cause of your unemployment. Together with this is a statement of the total salary before deductions, including commissions and other income benefits, the total amount that you will receive including severance pay, vacation pay, pension etc.

Do not delay when applying for an employment insurance, delaying the application beyond four weeks can cause penalties or loss of benefits.

If you receive financial assistance form the social services while waiting to get the Insurance employment claims, you will have to reimburse the amount out of your employment insurance benefit.

If you are indisposed and can not apply for your employment insurance, an appointment representative can be assigned to do the application on your behalf,

After you have applied for your employment insurance, you will receive in your mail a benefit statement including an access code and the date for your first report. Having an access code does not yet mean that your claim has already been decided on. Together with this will be an instruction on how to complete your report.

If you have filed your report with all the required information satisfied, you will start receiving your employment insurance benefits 28 days after the filing.

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About Buying Life Insurance

Not everyone needs life insurance. The first thing to do is make sure you need it. Life insurance is really meant for your family members or other dependents who rely on your earnings.

Why You Buy Life Insurance

You buy life insurance so that, if you die, your dependents can live the same kind of life they live now. Strictly speaking, then, life insurance is only a means of replacing your earnings in your absence. If you don’t have dependents (say, because you’re single) or you don’t have earnings (say, because you’re retired), you don’t need life insurance. Note that children rarely need life insurance because they almost never have dependents and other people don’t rely on their earnings.

Life Insurance Comes in Two Flavors

If you do need life insurance, you should know that it comes in two basic flavors: term insurance and cash-value insurance (also called “whole life” insurance). Ninety-nine times out of 100, what you want is term insurance.

Term Life is Simple to Buy and Understand

Term life insurance is simple, straightforward life insurance. You pay an annual premium, and if you die, a lump sum is paid to your beneficiaries. Term life insurance gets its name because you buy the insurance for a specific term, such as 5, 10, or 15 years (and sometimes longer). At the end of the term, you can renew your policy or get a different one. The big benefits of term insurance are that it’s cheap and it’s simple.

Cash Value is Trickier

The other flavor of life insurance is cash-value insurance. Many people are attracted to cash-value insurance because it supposedly lets them keep some of the premiums they pay over the years. After all, the reasoning goes, you pay for life insurance for 20, 30, or 40 years, so you might as well get some of the money back. With cash-value insurance, some of the premium money is kept in an account that is yours to keep or borrow against.

This sounds great. The only problem is that cash-value insurance usually isn’t a very good investment, even if you hold the policy for years and years. And it’s a terrible investment if you keep the policy for only a year or two. What’s more, to really analyze a cash-value insurance policy, you need to perform a very sophisticated financial analysis. And this is, in fact, the major problem with cash-value life insurance.

While perhaps a handful of good cash-value insurance policies are available, many— perhaps most—are terrible investments. And to tell the good from the bad, you need a computer and the financial skills to perform something called discounted cash-flow analysis. If you do think you need cash-value insurance, it probably makes sense to have a financial planner perform this analysis for you. Obviously, this financial planner should be a different person from the insurance agent selling you the policy.

What’s the bottom line? Cash-value insurance is much too complex a financial product for most people to deal with. Note, too, that any investment option that’s tax-deductible—such as a 401(k), a 401(b), a deductible IRA, a SEP/IRA, or a Keogh plan—is always a better investment than the investment portion of a cash-value policy. For these two reasons, I strongly encourage you to simplify your financial affairs and increase your net worth by sticking with tax-deductible investments.

If you do decide to follow my advice and choose a term life insurance policy, be sure that your policy is non-cancelable and renewable. You want a policy that cannot be canceled under any circumstances, including poor health. (You have no way of knowing what your health will be like ten years from now.) And you want to be able to renew the policy even if your health deteriorates. (You don’t want to go through a medical review each time a term is up and you need to renew.)

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About Virtual Employees

When we say something is “virtual” in modern terminology, we are almost always talking about something related to the internet. So Virtual Dating is dating using the internet. “Virtual” does not mean something that does not exist. But it implies you are replacing a normal physical entity with a real but for the most part unseen entity that lives online.

The trend in strategic business planning is to incorporate an aggressive “virtual marketing” plan with your traditional plans. So it makes sense that eventually the move to virtual resources would reach human resources with the availability of virtual employees.

In the last two or three years, virtual employment has taken off and become a very real resource for businesses wishing to tap into valuable experience and subject matter expertise that cannot be found locally. Agencies such as Team Double Click and Rent-A-Coder provide an army of ready to work professionals that can step in and get a job done quickly and efficiently for an employer.

The obvious first application of virtual workers is to subcontract to an online employment agency certain task specific projects that have a short beginning, middle and end. Building a new function into a web page is a good example of a project that can be packaged into an understandable project and signed over to a virtual consultant to perform the work and return to the online employer. The handling agencies collect funds via escrow so neither the employer or the consultant are at risk and the handling company claims a percentage of the fee as part of their pay for facilitating the partnership. Everybody wins.

But the concept of virtual employment is going beyond providing another variation on outsourcing to a consultant. Many virtual employment agencies provide administrative assistants, sales support and many other functions normally associated with a full time employee but those services are done “virtually”. A virtual office manager can have calls routed to his or her remote phone, emails redirected and conduct office meetings and negotiations with vendors via email or instant messaging. Using these modern tools, a virtual assistant can provide almost every function an on site assistant might be able to do but do so at a lower cost to the employer.

The virtual employment trend in business has obvious benefits for businesses that are in need of qualified help. It opens the door to recruitment sources that can supplement the local talent pool. Many times virtual staffing agencies may have on their “employee roles” people with a specialized background or skill. The agency is skilled at defining exactly what their client businesses need and matching up the right virtual employee to the job so the business has the right skill sets where they need them, when they need them and only for as long as they need them.

In addition to the benefits that virtual employment has for businesses to fill needs for skilled workers, it’s an excellent resource for talented workers who want to make a contribution to the business world on their own terms. Virtual workers almost universally work at home or where they chose to work. Often the work is task based with a deadline so the worker can select the hours that fits their family and personal schedules best. And, like working for a temp agency, the employee can build a resume with the agency that improves the quality of work they get over time.

Virtual staffing is a trend that has been a success for all involved as it has matured in the last few years. We can look for this twenty first century methodology for bringing in talented workers to continue to grow as more and more businesses get comfortable with staffing their employee ranks “virtually”.

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Business goes to Cyberspace

It is a well known axiom of doing business in any industry that those who do not stay in step with the times will be those companies that eventually die out. There is no place where that truism is more evident than in the way that companies in virtually every business sector are finding to integrate an internet marketing strategy with their traditional communications and to provide the public with an internet “presence” to supplement their public profiles in other venues.

Of course, the value of the internet for sales and promotions has been well known in the industries that service the youth markets and for the companies dealing with entertainment and the arts. Because the internet is in virtually every home and even now on hand held devices of every description, the access it gives to reach a target market are phenomenal.

This explosion of an entirely new marketing model has introduced the world of business to entirely new paradigms of marketing and new ways to achieve greater market penetration and sales. And so any business who has had to get out on cyberspace to keep up with the competition has already had to learn a whole new vocabulary that has grown up around the internet marketing phenomenon. Now terms like “Search Engine Optimization”, “Auto responders” and “Viral Marketing” become important and powerful tools to any business that wants to tap the power of the internet to increase sales.

The second wave of businesses that, perhaps reluctantly, ventured out into cyberspace were traditional retail business that you would not associate with cyberspace at all. This includes sport teams, restaurants and even retail giants such as Wal-Mart and Border’s Book Stores. In fact, the wave of change in how products and services are sold has been so rapid that entire market niches have been virtually revolutionalized by internet sales techniques. Book and music outlets have been virtually hard hit as a large percentage of their customers have abandoned the “brick and mortar” sales outlets entirely to use the more convenient tools of internet shopping.

This has made it tough on some retailers to keep up. For the “mom and pop” business, the change has been particularly devastating. Already small, home grown businesses were struggling to compete with the giant mega-stores like Wal-Mart to keep their loyal clientele coming back. Add to that the migration of customers to the internet and the need for change just to stay in business became even more urgent.

But even businesses who do not depend on marketing at all have seen the need to build and maintain a well functioning business web site so they will have a “face” in cyberspace. In the modern marketplace, the consumer will go to the internet first to find out about a company and it’s goods and services. This has turned traditional ways of connecting with existing and new customers upside down entirely.

The good news is that these rapid changes in how modern markets work have made the business world more diverse, more able to adjust to changing business dynamics and more open to the creative and innovative minds that have always been the real life blood of the business world. And, ironically, it is often the small business that is most capable of making rapid changes to its online presence and ways to doing things.

In that the internet is a phenomenally dynamic place, new ways of reaching our customers change almost annually. Where one year a simple web page may have been sufficient, soon we had to have chat rooms, MySpace pages and YouTube compatibility. Any business that sees these changes as chances to do something new and exciting with their business will be the companies that thrive in this modern world. And, as always, those who do not thrive with change will be destined to be made obsolete by it.

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Making Money from the Inside Out

It is a well-understood axiom of the business world that there are two ways to improve the bottom line of the business. Stated simply, those two ways are to make money or to cut costs. Now no business can cost cut their way to profitability. But by the same token, waste and excessive internal costs for any business can eat away any profits that business is enjoying. So to get ahead in a competitive business environment, both methods must be employed.

When a business turns its eye to cost cutting, there is a stated or unstated business objective that the business owners will discover significant bleeding of revenues that are going on within the systems of doing business. So if those systems can be improved to eliminate that waste, the business would literally make money from the inside out because the overhead of the business would drop so dramatically.

The usual progress of such a cost saving campaign by a business is to find “the low hanging fruit” first. By that we mean that in order to satisfy the demands of management, middle management will identify superficial savings in hopes of satisfying the requirement. Hence switching from disposable cups to mugs or cutting back on break room amenities often go on the chopping block first.

Sadly, while there may be some superficial savings to be found in such places, the significant introduction of efficiencies for any business lie at a deeper level and take a more in-depth process of locating problems with how things get done internally. The methodology of finding these “money pits” within a business is often called “Process Improvement.” The concept of process improvement is to diagram a particular business process from inception to completion and document the stages it goes through, the handing over of authority for the process and to pin point places where inefficient methods are causing excessive cost in executing that process en route to the final stage of process completion.

Routinely, the areas of business structure that most often identified as being candidates for a process improvement examination are…

* Excessive overhead between departments.
Departments within a business are notorious for taking on the atmosphere of a fiefdom and becoming resistant if not suspicious of other departments in the same company. When that happens, department managers will introduce paperwork and unnecessary processing to cause “work” to move to his or her department from another or for completed jobs to continue along their path. This excessive overhead can be costly at the department level and bog down the business as a unit enough to actually reduce the profitability of the organization.

* Communication problems.
A business process moves through the organization as each department or entity adds value to the process through to the completion of the job. However if communications between departments or people along the process chain are flawed, a process can grind to a halt and wait for hours if not days before the missed communication is discovered and the work is put into the cycle to be completed. This slow down or break down in communications can be a tremendous drain on the company. To correct the problem, modern tools of communication should be reviewed so each significant person along the chain is quickly made aware of work that needs to be done and can signal to the next agent that their step is complete and that the process is moving to the next stage.

* An inefficient IT infrastructure.
Out of date computer programs that are not integrated with each other cause needless work to be done to take data from one system and moving it into the next computer program only to be entered again at the next stop along the chain. Standardization and integration of data and systems will introduce huge efficiencies to the process.

By streamlining the process of moving a business requirement from inception to conclusion, we can remove much of the inefficiency and waste that has become inherent to that process. We can introduce up to date integration designs both at the IT and process level to quickly move the process from one department to the next upon completion. The outcome is a streamlined organization that is no longer “bleeding money” due to inefficiencies and as such is making money “from the inside out”.

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Looking for Cheese Business

Every now and then a business book comes along that revolutionaries how the business world views an area of focus. One such book had the amusing title “Who Moved my Cheese” by Spencer Johnson. This short book that is illustrated like a children’s story has some profound ideas in it that will radically change how any business approaches the marketplace. It is a book that has had his biggest impact in helping employees who have been displaced view their job change. But the ideas that are made simple in “Who Moved my Cheese” can impact virtually every area of business dealings.

The book communicates its message through a story of a mouse who finds that the place where he can find his cheese is no longer reliable. The mouse’s friend continues to go to that same place to find more cheese only to continue to get hungrier and hungrier. But the hero of the story finds the new location of his cheese. When he finds his new source of cheese, he not only is astounded by the bounty but that even after telling his friend of the new source of cheese, that friend continues to insist that his cheese will be there where it always had been before and that in fact, the hero of our story is mistaken about the new location of cheese.

This, obviously, is not a tale about cheese location. It is a parable of how to handle change. The core value being taught by “Who Moved my Cheese” is that we cannot always look to the same resource for our supply. Markets dry up, businesses go through slumps and have to lay good people off and revenue streams change.

But one thing is for sure. There is always a new reservoir of funding somewhere in some market. And the wise business can foresee a change in the marketplace well in advance and make the changes they need to make so that they go where the money is, or move with the cheese to find the new source of rich funding and tap into it.

It is more than just a parable about looking for a new job. But it sheds light on the plight of the unemployed. So often someone who loses their job gets stuck in a mental cycle of waiting for their old job to hire them back or looking for an identical job in a very similar industry. However, if that industry is under economic pressure or if the business paradigm for that industry has changed dramatically, there may no longer be rich sources of funding and employment availability there that was once so reliable. In short, the cheese has moved.

This lesson has rich wisdom in business beyond the employment scenario. The businesses who have learned to be adaptable in a changing marketplace and have made the changes to follow the changes to the new source of “cheese” are the businesses that survive decade after decade. The grocery industry has seen that kind of change. Many grocery chains went belly up waiting for the cheese to come back to the old paradigm. But others saw the invasion of the big discount stores such as Wal-Mart and found ways to combat that change, to find new niches in the industry where an untapped market need existed or to compete in the new business paradigm. Other industries where such dramatic changes have forced businesses to find out who moved their cheese are the record industry and the book sales business environment that have been so heavily impacted by internet sales.

But those businesses have survived. And if they can be aggressive and adapt and change with the markets, it’s a good example for all of us as we continue to look for the new source of “cheese”.

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Advantages of a Home Equity Loan

A home equity loan is often referred to as a second mortgage and it allows homeowners to borrow money using the equity they have already built in their homes. With a home equity loan, homeowners can borrow up to $100,000. The interest on the loan is tax deductible, which brought home equity loans to popularity in the 1990s when the economy was not so good.

There are two types of home equity loans. One type is a fixed rate loan and one is a line of credit. Both loan types have terms ranging from five to fifteen years and both must also be paid in full if the house is ever sold.

A fixed rate home equity loan provides the borrower with a lump sum payment. It’s assumed that the borrower will pay the loan off over a set period of time with interest. The payments are usually paid monthly and remain the same amount over the entire life of the loan. The interest rate also remains the same over the life span of the loan.

A line of credit home equity loan works with a variable interest rate and uses the same principles as a credit card. It generally even comes with a credit card. Borrowers will be approved for a certain amount by the lenders. The borrower can then use this money by using the card or the special checks that the lender will provide. These payments will also be made monthly however the monthly payment will vary depending on what the current interest rate is and how much money was borrowed that month. When the term of the loan is up, any outstanding balances borrowed must be paid in full.

Home equity loans work well for homeowners who need a large amount of money fairly quickly. The homeowner may need the money for such things as paying off another loan, tuition money, home improvements, or other unexpected expenses. Home equity loans are a good option over other loans because the interest rate on them in generally quite low and is definitely lower than the interest on credit cards and other loans. Because of this, it makes good financial sense to pay off a credit card loan while using a home equity loan. It allows the homeowner to have one single monthly bill, a lower interest rate, and a loan that is partly tax deductible.

Home equity loans have many advantages for lenders as well. After the lender has collected on the original mortgage, they then are able to collect more payments and more interest. The lender is also entitled to keep all the money from the original mortgage and the home equity loan if the borrower defaults on payments. The lender is also allowed to repossess the home, sell it again and begin the cycle all over again with the next owner.

Home equity loans can be a very wise financial decision when homeowners are trying to lower their interest rates and pay off unforeseen expenses. Borrowers must carefully weight the advantages and disadvantages of taking out a home equity loan to see if it is the right choice for them.

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Advantages of Student Debt Consolidation

Student Debt Consolidation refers to consolidating all debts such as outstanding credit card debt, mortgage loans, student loan debt, car loans, etc., into one simple aggregate loan with a lower interest rate and lower monthly loan payments.

StudentDebtConsolidationPrograms.com offers different student debt consolidation options and there are some very flexible student debt consolidation programs available to meet the unique needs of the student. For example, if a student has outstanding unconsolidated student loan debt and is six months from graduation, then they should already be exploring those available options. The right student debt consolidation program can mean substantially lower monthly student debt payments, savings of thousands of dollars every year in total student loan debt balance, and the ease of just having to make one student loan debt payment. There is no cost or obligation to consolidate a student loan, so there is nothing to lose and everything to gain by exploring all student debt consolidation programs and options.

From reducing monthly payments by using Student debt consolidation programs, to repaying student loan debt and improving credit ratings there's always a way a student can improve their student loan debt finances.

First and foremost, consolidating all outstanding payments into one single sum simplifies the task of managing all their student loans and their payments. Instead of making credit card payments on a number of different credit card loans, students now only have to make a single Student Debt Consolidation payment.

Student debt consolidation leads to a significant reduction in rate of interest. This is especially true in the case of credit card debt consolidation. Most credit card companies command an alarming rate of interest, especially when behind in payments. Going for a student debt consolidation loan is much cheaper because the right student debt consolidation program companies provide a much lower rate of interest than those commanded by credit card companies.

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Build Up Your Business Credit

It is very important to build up your business credit scores to be able to avail of financial loans to fund your small business. In truth, small enterprises are now clamoring about for loans to improve their business by using the money for improvements, or purchasing inventory to meet consumer demands.

Building up your business credit takes a lot time and effort, and requires a paper works by the dozen. Here are some tips on how to get started in giving your business credit rating a healthy boost:

Set a business identity first

The first step in improving your business credit is to get one in the first place. This can be done by registering your business as an LLC or a corporation. Next you need to provide all the necessary paper works required by lenders such as legal document like business permits and licenses, financial statements, references, contracts, and so on.

You need to keep in mind that when you register your business as an independent entity, you need to have a fixed address of your business, as well as open lines of communication. (Note that P.O. Box is not acceptable as a business address)

You might also need to register your business in a credit agency so they can keep tabs on your credit ratings and scores. These organizations will act as reference when you apply for a financial loan that requires a valid credit report.

Building up your credit status will depend on the financial stability of your business as based on the financial documents during its operation. Also, prompt payments are a major issue when it comes to raising your credit status. Fail to pay on the date agreed; you get a negative score on your credit score if that happens.

You might also need to keep monitor credit card reports when they are delivered to you. Try to check for transactions that you did, or did not, make. If you spot an error, report it immediately to the corresponding agency. This will result to a higher credit rating.

Get a loan

Before you can actually improve your credit scores, you need to have a credit to work with. Many small businesses are now opting for business credit cards to improve their ratings. One reason for this is that these plastics have reduced interest rates and APR, which is quite useful for making prompt and affordable payments.

Also, since business credit cards have no principal amounts attached to them, you can easily control the interest expense you make every month. You can do some budget planning to minimize expenses and maximizing profit, without worrying about interests piling up.

Another way to improve your credit status is through credit lines. Many financial institutions, like banks, are now offering short-term lines of credits (LOC) for small businesses, with easy payment terms.

Since interest expense on LOC is dependent on the principal amount, you can easily reduce it by paying the original debt until you reach zero. With this term in mind, you can easily make prompt payments according to the agreement between you and the lender.

The gist to build up your business credit is to make prompt payments on your debts. Whether you have multiple loans or tons of credit cards at your disposal, you need to make sure that you pay each one on its designated date. If done right, you are well on your way to improve your credit scores, which in turn, will improve the financial future of your business.

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Multi level marketing For Your Business

Multi level marketing is known as network marketing. This is a kind of business where franchising and direct selling are combined. This business makes a person associated to a company in an independent transaction approach. It is an approach where the company creates a contactor relationship to the person who wants to expand his business.

The members make their earnings based on the sales they have reached in that particular product or service. It also includes the sales of the person that they have recruited to join the business. Most of the time the individual who has recruited more members and provided a good sales output on the product compensate higher because of the effort to transact in two different fields.

There are “pyramid schemes” or Ponzi schemes, which are considered illegal. Most people associate Multi level marketing to these kind of schemes because they also recognize themselves to be a legitimate networking business. Because of the bad image brought up by these schemes, many prefer to use their names for their businesses as “home based business franchising” or “affiliate marketing”.

Commissions are earned in the process of selling a particular product or service in a legitimate network marketing. There can be no earnings in what they call as a “sign up fee” or for just recruiting yourself alone. This kind of marketing is always criticized because of the questionable recruitment process where they get their revenue and profit. They get their sales from members and new members, which are considered the end users of the product and as the distributors.

These criticisms led to the major changes in the Multi level marketing in the early 1980s when many companies have started to allow their members to concentrate only on marketing and not on distributing or stocking the product. Most Multi level marketing firms nowadays perform as fulfillment firms by taking the tasks of shipping the product, paying the commissions and taking orders from their clients.

Many people who are victims of the illegal schemes in Multi level marketing are required to buy expensive products, but most of these schemes do not last long because most of the sales are not easily resold.

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Success Story of Catering Business

You may begin your own catering service business, which can be financially rewarding and enjoyable. You may do this business in a full or part time basis because events that you may cater may vary from the service they will get from you. In this kind of business, opportunities are very great and there are a lot more benefits that you may not expect.

Every catered occasion can be a new experience to meet different kinds of people from all lifestyles. It is important that you have the stamina and the ability to work under pressure because of the demanding work that awaits you. You may need the help of some friends first before you may hire employees who are experienced in this kind of field.

It is a requirement for a catering business to have a license to operate like those permits that are issued to food establishments that have also catering services as well. Catering services are inspected by the Board of Health to see if they have the right materials and the capacity to prepare and handle food that is safe to the public.

You may get your license at the local Health Department. You have to apply first before you obtain the permit to operate a business catering service. An inspection will be needed to check if you will pass the food sanitation requirements. After you have acquired your license, there will be regular check-up routines to ensure that you will sustain cleanliness and sanitation of your catering service.

There are states that require a catering service must have a separate area for the food operation and the kitchen facility of the house. This is important because they will not issue a license if you have a set up wherein they may see food sanitation is not your priority. If you want to remodel the set up, you must pass the plans and remodeled features to the Health Department for confirmation that you are following the required construction to your home facilities and to your food operation area.

It is important to target your market in this business if you are given the permit to operate already. Know your competition and be aware of their strengths and weaknesses. If you are stable with your finances, you may hire applicants that are experienced in this kind of business.

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