Profits are better than wages. Wages are a measure of what someone else thinks you are worth. Profits are a better measure of what you are worth because they are based upon your effort alone. Consider starting a business out of your home. It can be very rewarding both mentally and financially. How many existing businesses today can you think of that started in someone’s garage or basement?
In this uncertain economy, if you have a job, you probably consider yourself lucky. However, just having a job is not cutting it these days. Wages have been flat and everything seems to cost more. In past years we would at least get a small cost of living raise each year but now bosses are asking you to accept a pay freeze if not an actual pay cut. You cannot ask your boss for a raise for fear of losing your job. So what is a person to do?
My answer, was to look for a home based business that I could work on my own time and schedule. Something that I could build with my own sweat equity that could supplement my regular income. I am not talking about thousands of dollars. Most families could get by very nicely with an extra couple of hundred dollars each month.
There are too many very good home based business opportunities for me to catalog here. When considering a home based business you need to consider three things.
The Product or Service
I want to tell you about Pre-Paid Legal Services Inc. which is now called LegalShield. My wife and I have been Pre-Paid Legal members since 1993. We have used the service numerous times over the years saving us literally thousands of dollars.
The founder of Pre-Paid Legal Services saw an opportunity after he was involved in a car accident and was sued even though the other driver was cited for causing the accident. He spent a good portion of his savings defending himself in court. He got the idea that there should be a better way to pay for legal services. After doing some research he found out that prepaying for legal services was already being done in Europe. He thought that we prepay for our health insurance and our auto insurance so why not for legal services?
Today Pre-Paid Legal Services Inc. works with top rated Law Firms in all 50 states providing access to Attorneys for a small monthly fee. Those small fees collected from thousands of members are paid to the provider law firms monthly. Those small fees make Pre-Paid Legal Members as important to the law firm, if not more important, than their wealthiest client. This insures that no matter how trivial or traumatic the issue Pre-Paid Legal Members get the top notch service that they deserve.
How much would you guess you would have to pay a law firm each month to receive the following benefits?
Contact an Attorney for Legal Advice for Unlimited Issues
Have Letters written and Phone Calls made on your behalf
Have contracts and documents reviewed (up to 10 pages)
Have an Attorney prepare your Will, Living Will, and Healthcare Power of Attorney
Consultation and representation regarding Traffic related issues
IRS Audit Defense
25% Member Discount
24/7 Emmergency Access to an Attorney for covered situations
Access to Online Legal forms
As a Pre-Paid Legal Services Member you receive all of the above benefits for $26/month or less!
The Compensation As a Pre-Paid Legal Independent Associate you are compensated in three ways.
Personal Advance Commissions*
* For details please contact me directly or go to my website.
“Don’t be misled into believing that somehow the world owes you a living. The boy who believes that his parents, or the government, or anyone else owes him his livelihood and that he can collect it without labor will wake up one day and find himself working for another boy who did not have that belief and, therefore, earned the right to have others work for him.”
Founder of NBC
“The man who labored for another last year, this year labors for himself, and next year will hire others to labor for him.”
These two quotes struck me as being very relevant in our world today.
Depressing article … but one that everyone should read. We all need to be considering a Plan B. Working harder, longer, for someone else is not the answer. Maybe it is time to start thinking about starting your own business, part-time, just a few hours a week. That is what I did. I started my business 5 years ago and I just turned 60 last month. A tax professional helped me incorporate my business with the state. There are many positive things that happen to you when you own your own business.
First, you feel empowered, because you are in charge of your future.
Second, as an employee receiving a W2 you have very little control over how much you pay in taxes. As a business owner there are many legitimate business expenses that are tax deductible (contact your tax professional for more details).
Third, starting your own business does not have to be an expensive proposition. You can run your business from your kitchen table and meet with your client’s wherever it is convenient.
Lastly, we cannot rely on our employers, or our government for our retirement we alone are responsible.
The Internet is an endless treasure trove of opportunities for home-based online business. All you need is a computer and Internet access, right? Well, not exactly. Youâll need to ask yourself a few questions before making your first sale. Questions like, âWhat will my investment be?â and âWhat products or services can I offer from my home?â
The most ideal success story for a homemade business is selling a product or service. However, if you do not have such an ideal scenario, there are some other businesses that are aptly suited for the virtual realm.
As the name implies, your business will have an âaffiliationâ with another business (usually a merchandiser). Place their link on your website. When a visitor clicks on the link and makes a purchase, you get a per-sale commission.
A direct sales company will pay you commissions to promote their products by providing you with a start-up kit, support, sales training and other benefits.
Select a drop shipper and post their products on your website. You donât handle any physical product because the wholesales send the product to the customer directly. http://sntk.in/ag
Even with todayâs advanced communication tools, face-to-face meetings are still needed for building all types of business relationships. This usually means youâll need to pack a suitcase and travel to your destination.
Whether taking a day trip by rental car or travelling via regional airport, there are some rules to follow to ensure your trip doesnât turn into a disaster.
1. Pack Lightly & Smartly: Youâre not moving away, itâs only a short business trip. Use trial size versions of toiletries, stuff items inside your shoes to save space, and roll clothes into a cylinder shape to reduce their size and chances of wrinkling.
2. Travel Agent or DIY: Unless your passport is plastered with visa stamps, recruit the services of a good travel agent. They have the experience and the peer connections to help find you the best rates and discounts.
3. Communication: Donât rely on your cell phone for all communications. Between roaming charges and trying to place calls out of tower range, you could unintentionally cut yourself off the rest of society. Do some research beforehand and look for Wi-Fi hotspots or VoIP access in the area where youâre staying/working. http://sntk.in/ag