The home-based business industry which is often referred to as network or multi-level marketing is exploding as of late. There are millions joining home-based businesses every month and hundreds of thousands per week. What is so attractive about a home-based business you may ask? More time to spend with family, more money, and a low-end investment in most cases. You can start a legitimate home-based business for less that $500 and make as much if not more money than you would starting a franchise.Having said that, you get all the benefits of using a franchise business model as you are able to use the company’s support infrastructure, marketing tools, and are able to use their guidelines to make sure of legal compliance. The only thing that exists in a traditional franchise that is not present in a home-based business is the huge franchise fee. When you couple the power of the home-based business model with the meteoric rise of free marketing strategies on the internet such as Facebook, Twitter, and YouTube just to name a few, you will be in the right place at the right time.Considering the state of the U.S. economy, with people getting laid off every time you turn around and the stringent requirements of the banking system with respect to those looking to start a traditional business, a home-based business opportunity is the way to go. I hope that you will take a leap of faith and join the home-based business industry, we would love to have you.
Poverty Alleviation Through Educational Charity
There are still plenty of good souls in this world. Not everyone is overly preoccupied with his own dreams of getting ahead in life and enjoying the fruits of his labor. There are institutions that have taken it upon themselves to help others who are stricken with poverty by extending financial assistance for education purposes. In the US and elsewhere around the world, a number of non-profit organizations have set up educational charity operations in order to help eradicate poverty through education. The lack of education has been pinpointed as one of the leading causes of poverty. By helping poor but deserving students, these institutions are able to turn them into productive members of society as opposed to keeping them dependent on government support for sustenance. Eventually, when they are better equipped with their educational attainment, these students will be able to fend for themselves and live self-sufficient lives. Continuous support of these charities by donors and sponsors will no doubt go a long way in furthering the worldwide campaign for the eradication of poverty.
Funding for these educational charities come from a number of sources. Some have income-generating initiatives that are designed specifically to fund the grants extended to those who qualify based on each charity’s screening guidelines. Some receive donations from sponsors and donors. As such, these charities often have limited resources too and could not possibly extend assistance to each and every student who asks for financial help. Thus, there is a need for careful screening of applicants. One common factor that is considered by these charities is of course financial need. In most cases, these educational charities would require that other sources of funding be tapped first before applying for grants.
Again, this stems from the limited funding that these institutions have. In fact, most of these charities do not necessarily shoulder all educational expenses. In most cases, they only cover those that other funding sources cannot provide. There is also no guarantee that they will be able to sustain grants to particular students from year to year. The number of students accepted and the number of grants that these educational charities are able to disburse are dependent on how much funding they have available. Prudence in the awarding of these grants is necessary in order to ensure that the money spent for helping needy students get the education that they need is not wasted. Anyone who wants to tap educational charity institutions for his education funding needs should be able to show commitment and determination in his desire to finish his studies and become a more productive member of the community.
Retired? Now You Can Start a Home Based Business
You’re retired. Congratulations! Now you can become the entrepreneur that you have always wished you could become.Mathew Bandyk in U.S. News and World Report says:”When you think of entrepreneurs, you’re more likely to envision a 24-year-old like Mark Zukerberg, the founder of Facebook, than a retiree. Taking the risks of starting up a business seems easier to do before life commitments tie you down.”But retirement can lessen the fear of failure that comes with launching a venture. Some people cling to the security of working for someone else most of their lives, repressing their inner entrepreneur until retirement, says Sam Spector, author of The Baby Boomer’s Official Guide to Retirement Income. ‘They really have a desire for entrepreneurship their whole life. The money and benefits were so good it wasn’t worth taking a risk.’ Once retired, they might find that risk to be worth it.”Of course, retirees starting businesses certainly should be careful. The key question that retiree-entrepreneurs need to consider, says Alex De Noble, a professor of management at San Diego State University, is ‘how much risk are they willing to take after they’ve put some retirement money away.’ There are ways to mitigate risk so that, regardless of how a new business fares, the owner won’t lose retirement security.”A home based Internet business is an ideal business for retirees who want to become entrepreneurs and earn a substantial income after they retire.
A home based business has no additional overhead other than that which you already have for your home. It avoids the costs of many other businesses such as leasing an office and maintaining a large inventory.
Most people starting a home based business have to keep their day job until they make enough money from their home based business to quit their day job. As a result they can devote only a limited number of hours to building their business. As a retiree, you can devote as much time as you want to building your home based business.
You have experience that is invaluable. The experience you gained during your career gives you a tremendous advantage over the 20-something youth who attempts to start a home based business. You know what it takes to run a business, you have knowledge about markets that lets you select a market niche to promote your products, and you have developed good time management habits that are required for running a business.
Needless to say, you know how to use the Internet. Otherwise you would not be viewing this article.
To get help in determining which home based business is best suited to you, email me and I will give you a free consultation.