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12. Building Your Online Business Website Part 2
Before Starting A Business Web Site You Need To Lay Out A Plan:
Plan Your Website Planning your web site is the most important and interesting stage in the development and creation of a website. This is a time for introspection and for putting your thoughts together. Here are some of the key issues you need to consider and pen down your responses before you m...

10. Work From Home Or Not Work From Home
Should You Work From Home Or Not Work From Home? Consider These First.:
Starting a home-based business or taking the decision to work out of your home is not one that you can take lightly or quickly. This decision needs to be thought through, considered for practical and legal aspects and in tune with your personality. No doubt a lot of people make a good living worki...

03. Example List Of Businesses You Could Start
List of Businesses That You Can Start And Run. This List Includes Both Online And Offline Businesses:
The below list is by no means the definitive list but should be enough, hopefully, to get your imagination going. I wanted to show you this list before proceeding to the next series of article's where we will disover what you need to consider before selecting your niche. A B C D E F G H ...

16. Plan to Maintain Your Web Site for the Long Haul
Discussion On The Importance of Maintaining Your Web Site for the Long Haul:
Once a web site is up and running it is important for you to understand the significance of maintaining it on a regular basis. Experts recommend that the information and style of your web site should be updated often so as to keep your visitors interested. It is also important that your web site i...

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"No Cost Startup Business"


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Wednesday, August 12, 2009
Many websites these days are promoting the idea of a "no cost startup business" without telling you the real deal. It's only when you're truly tied to the deal with no way out that they drop the bomb: it's not cost-free at all. Here are a few tips to help ensure you've got a genuine no cost startup business opportunity in your hands.


Legitimacy

There are a number of no cost startup business opportunities that truly won't cost you a dime, but they still come with a catch: they're not legitimate. In fact, the reason why they're probably free to start up is because you'll be violating various rules and regulations by establishing such a business.

To verify the legitimacy of the opportunity, ask for the legal requirements of the proposed business. Registering a business name is always necessary, but if they won't even ask you to do that then something illegal is certainly going on.

Profitability

Many no cost startup business opportunities are set up in a way that will allow the business seller to generate profit while you can only sink in greater debt. The opportunity is legitimate and genuine in a way, yes, but did they promise profitability as well?

To determine the profitability of a no cost startup business, you need to see its projected financial statements, particularly its balance sheet, income, and cash flow statement. These documents will show you how much you can expect to make in a specified period of time. The business seller must also be able to provide you with projected financial ratios. They will let you know, for instance, how efficient the proposed business is at utilizing resources in order to obtain profit.

Hidden Costs

One of the most common schemes used by con artists is to promote a no cost startup business and later on charge their clients with hidden costs. These costs are usually legitimate in nature, but they can be quite irritating because they violate the no-cost clause you've been so looking forward to and worse, you're already in too deep to back out.

Such costs include but aren't limited to registration and processing fees, administrative fees, and lawyer fees. There could be more. To ensure that you won't be a victim of this scheme, you should ask for a list of all costs, including those you'll be charged upon closing the deal, you're expected to pay. Better yet, have them sign an agreement form certifying that the proposed business will indeed cost you nothing or if not that, then it won't cost beyond a specified amount.

Make Your Own No Cost Startup Business

There's no need to depend on others if you don't want to. You can create your own no cost startup business opportunity for yourself. In most cases, such opportunities must have the qualities specified below.

Online

Doing business online would negate the need for renting or leasing real estate, spending money on furniture and fixtures, and other necessary expenses when you set up a brick and mortar store.

Digital

These products rarely require you to spend on materials or equipment. What you need you probably already have like a computer and all the essential software; more importantly, you only need to work on them once and be able to produce massive copies of it afterwards.

Provided By: Ray Plumlee
Website Address Not Provided



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