Cottage Industries have long been an important segment of American Business. In fact, most small home-based businesses fall into this category. Merriam Webster actually defines cottage industry as “An industry whose labor force consists of…individuals working at home with their own equipment.”With the advent of the World Wide Web, new cottage industry home-based business start-ups are at an all-time high. There are currently more than 234 million websites, and in 2009 alone, an additional 47 million were created. Now, more than ever, businesses are heavily marketing online. Social Media sites are dominating the internet and smart businesses are using these sites as a very effective part of their online marketing strategies.Article writing as a means to advertise businesses online is proving to be a very viable work-from-home cottage industry. Network-marketing, social media marketing, Mult-level marketing (MLM) businesses- it seems as if every business has incorporated article writing into their marketing campaigns, so the demand for these writers is great.Article writing helps with “branding” a particular business or product. Articles are written and then published online as a way to get name and product recognition. It is a very simple, proven, effective step in accomplishing the “branding” that every business must have in order to stay ahead of their competition and remain successful financially.Home-based business typically do not require a large capital investment, which is why so many people are drawn to these cottage industry endeavors. A reliable computer and an internet connection allow you to work from home, set your own hours, allow a viable income while you work from home, and provide the life-style flexibility that so many people are looking for these days. There are many programs available online to assist you with your article writing as a cottage industry home-based business.There are internet marketing and coaching programs available online and the amount of marketing information that they can provide you with is astounding. A good, legitimate, reputable internet coaching and mentoring center will not come cheaply. Remember, you are getting what you pay for. If a program promises to teach you “everything you need to know” about internet marketing for just a couple hundred dollars, you aren’t going to get anywhere near everything you will need to know. A comprehensive internet marketing coaching and mentoring program will probably cost somewhere just under $3,000. 00. Many offer payment plans to make the cost more manageable for the average new home-based business owner. I tell people to think of this an investment in your education and future financial success. If you can pay someone $3,000.00 to teach you how to earn anywhere from a couple thousand to a few thousand dollars monthly, then your initial investment is actually pretty small, and can be recovered in a relatively short period of time. Pretty good investment, right?The beauty of internet marketing and article writing as a viable cottage industry home-based business is that, if done correctly, an individual can earn residual income long after he or she has stopped working. If you can expect a few hundred dollars to trickle in every month, you’ve got a residual income that will provide you with some extra spending money! Not to mention the fact that you will, forever, have the ability to be your own boss and work from home!
Real Estate Investing – Real Estate Investments Around the World
Real estate is a legal term that refers to any property along with the land on which that property stands on.
The legality of the term real estate heavily relies upon the jurisdiction which it falls under. The most notable jurisdictions are; U.S.A, U.K, Canada and Australia.
Financial muscles must be stretched so that a corporation can invest in real estate since this investment has become such a major area of business.
Real estate has with time undergone a metamorphosis into distinct classifications that has had investors to call in specialists to facilitate deals on their behalf or valuate the investment.
Listed below is a breakdown of the distinct fields of real estate investments:
1. Appraisals- This is where professionals offer their specialty to valuate the investments.
2. Property Management- In this category the owner leaves their property for other specialists to manage it on their behalf and a certain commission is chargeable.
3. Brokerages- In this field a mediator will facilitate a deal between two parties and in return they charge a fee for the deal.
4. Real Estate Investing: This is where a person or company manages a real estate investment.
5. Real Estate Marketing-The sales side of the investment is managed by a professional in this field.
6. Development- This is improving the investment by either adding or replacing buildings on that land.
7. Corporate Real Estate- Here a real estate is managed not for income purposes but to support its core business.
8. Relocation Services-This is relocating people or business to other countries for expansion of the business.
Basically almost all construction business has a connection to real estate
In the recent past economists have seen that lack of real estate laws can in a greater perspective affect or hinder real estate investment in developing countries. In that light a country like India is currently in the process of establishing definitive legislations that will see the smooth functioning of real estate investment.
In addition, Pakistan is in the process of implementing a regulatory framework that will help soften the ownership of real estate investments by foreign corporations. Pakistan is as at of now witnessing foreign real estate development mostly Dubai and Malaysia based companies.
In five years time Pakistan will have drawn three million dollars from foreign investors.
Real estate investment is finally a major case of capital budgeting this by using analysis that incorporates future streams of income that it will generate and the risks associated with it.
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How To Succeed At Online Product Creation The Easy Way
Product creation could be a frightening subject for a lot of Internet marketers to face. Some folks who get in the game with the intention of making a full time income are completely ignorant as to how an online business operates. One of the most profitable ways to create online cash is by creating a product that others are happy to pay for.
Product creation is legitimate method of generating money through internet marketing but many entrepreneurs get it wrong. They start by imitating their Internet marketing gurus by creating information products on Internet marketing in hopes of getting rich the way their heroes did. The problem is that they usually don’t know what they are doing and enter a highly competitive niche with very little marketing experience or connections.
Here are a few tips for effective product creation that may help you get on the right track:
Start by finding a profitable niche with low to moderate competition. If you conduct some rudimentary market research and keyword research, you’ll find many opportunities in areas that will surprise you. Amazon and eBay are two great places to brainstorm for product ideas.
Developing Your Product does not have to be a difficult project. You can find experts in the right field for your niche and pay them to write the material while an artist designs the packaging and website or blog. You can outsource the entire product creation part of the project after you conduct the research and testing to ensure profitability.
Sales and marketing strategies should be created while developing the product and learning about the market. Some experienced marketers use pay per click to drive traffic to their offer page; some folks outsource the entire marketing campaign to affiliates through ClickBank or other affiliate programs.
Product creation does not need to be hard, particularly when the merchandise is electronic. E-books, videos, audio and multi-media products sell very well. They are distributed immediately to customers electronically. Once you have a good feel for a niche market, try to service your customers with associated products and upgrades. If you want to earn money online through product creation, you must understand supply and demand. The majority of new online marketers fail miserably because they go after highly competitive markets or forget to research their chosen niche properly. You have to create your products according to the needs, wants and desires of the prospective customers.