Why You Should Not Start a Home Based Business

The world wide web is full of offers to start home based businesses. They will tell you that a home based business is the vehicle to generating a passive source of income and can lead to early retirement. Furthermore, it is easy to start and run, and doesn’t require much financial commitment.While there are spectacular successes for some people, on the whole, the results will be disappointing for most. More often than not, many people will quit after a few months with mediocre results, while some might tough it out for a year or two, but still with rather poor results.When I started looking into the home based business phenomenon a few years back, I firmly believed that anyone with the drive to work hard and smart, can start and run a home based business, and make it a success.But now, with the benefit of hindsight, I do not think so. The demands of a home based business are many and varied, and I think not everybody can measure up. I have listed below some traits and reasons which you should NOT have if you want are considering a home based business. If you are guilty of even one of the traits or reasons, you might want to rethink your decision to start a home business.If You Are Looking For A JobYou are going to quit your job at the end of the present month. You have budgeted about 3 months worth of expenses, and is planning to work very hard at a home business so that you can make it a success by the fourth month. You reason that even if your potential earnings fall short of the claims by the fourth month, it should still be more than enough for you to get by.If You Are Not Open To Learning New SkillsYou are not open to nor are interested in learning any new skills. You are going to depend on everything you already know to run your business and have no intention of and do not see the necessity of learning anything new even if it is called for or if your business requires it.If You Don’t Have The Entrepreneurial SpiritYou know that you are not an entrepreneur. Even the thought of striking out on your own scares you. What you intend to do is to find a home based business that comes with step by step instructions. You fully intend to follow the instructions exactly and make the business a success.If You Are In Desperate Need of MoneyYour daughter’s college tuition has to be paid in the next 6 months. Furthermore, your landlord is looking for you for a little chat about the overdue rent and you are quite sure that the bank manager will be calling you soon for an update about the overdue loan payment. So, right now, you need an opportunity or a home based business that can earn you at least a few hundred dollars a month almost immediately.If You Don’t Want To Work HardYou are entranced by the ads on the net about home based business that can make you a lot of money but needs very little work and skill on your part. You don’t want to work hard and are actually looking to make money fast.ConclusionIf you see yourself in just one of the paragraphs above, you need to take it seriously. A home based business is not a walk in the park and if you start one with a handicap, your chances of failure will increase exponentially. Do take a step back and take an objective look at your strengths and weaknesses, and then decide if a home based business is for you.

Considerable Factors Involved in Product Creation & Marketing

The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.

Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.

The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.

It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.

Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.

The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.

People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.

Real Estate Laws in Louisiana – What You Should Know As a Property Owner

State legal systems in the United States are based on one of two legal systems. Forty-nine states base their laws on the common law system, first used in England.

However one state, Louisiana, uses the French Napoleonic Code as the basis for their legal system. While common law-based legal systems rely on the rulings of judges to set precedents that are used to make later decisions, the Louisiana system does not.

The Napoleonic Code was intended to simplify the laws in a time when many people were illiterate or did not have access to printed information. Ironically, the effort to create a simpler and easier to understand legal system has resulted in one of the more complex and least understood set of state laws here in Louisiana.

There are many other distinctions between the two systems, but it is not as important to know every single distinction as it is to understand that there are significant differences between the state laws in Louisiana and those of most other states.

Real Estate Law Basics

Real estate laws are the laws that address the land and anything built upon that land including ownership, usage, and transfer of ownership of that land. As discussed above, Louisiana’s unique legal heritage has affected the current laws in many ways. One such way is the term used to refer to real estate in this state. While the rest of the United States uses “real estate” in legal documents, in Louisiana real estate is referred to as “immoveable property.”

Inheritance and “Forced Heirs”

Another area which requires the special attention is that of inheritance within Louisiana. The laws regarding inheritance derived from the Napoleonic Code were intended to ensure that assets remained in their family of origin, so while the other 49 states allow property to be transferred as the owner prefers after their death, this is not always the case in Louisiana.

The laws regarding inheritance of real estate can dictate that close relatives including parents or children inherit property before anyone else.

Community Property or Separate Property?

The real estate laws in Louisiana separate property ownership into two categories:

Community property
Separate property
While the difference between two distinctions may seem apparent initially, upon closer inspection, the line becomes less clear. For example, once a couple is married, all properties do not automatically become community properties, and in the case of divorce, one spouse may not have any claim to or rights in regard to certain properties. Some of the factors that are considered in this situation are when the property was purchased and which party’s funds were used, which can be a difficult fact to ascertain.