Sunday, September 27, 2009
eCommerce Tips from a Real Life Business
This is an example of the modern day entrepreneur who know how to use internet technologies.
eBay Partner Network
This online business opportunity is good for the small online business startups. This is really great thing since "dropship" merchandise proliferate in the market.
I am really interested in studying this opportunity deeply and give it a shot.
Reporting:
SEO Myths That Make Me Laugh
If there is one thing we can count on in life it is where there are people involved there will also be myths. We humans have an inbuilt desire to find patterns in whatever we do. This skill has proven a great advantage to us over the course of time but unfortunately for us it can also create problems. The thing is with humans and patterns, if we can’t find a pattern that we recognize or that makes sense to us we are experts at creating our own. This is especially true in the case of SEO (Search Engine Optimization).
Our desires to find patterns to help us rank higher in the search engines knows no bounds, obviously in the past and the present this has helped us to learn methods to improve our performance in the search engines using both “Black Hat and “White Hat” methods. The spin off from this is that it has also helped us to create and invent SEO myths, some are more believable and others are just outright crazy. Whilst searching the webmaster forums and various SEO blogging you’ll often come across some mad ideas, some of them so stupid it makes me wonder if some people make up some of this rubbish just to gain the attention.
With the low cost of domain names and shared hosting anybody can set-up a website and claim their own piece of the internet real estate. You can optimize your site reasonably well yourself without a great deal of advanced knowledge just by getting the basic fundamentals right. Anybody can start there own website and build a successful online presence as long as they remember it takes time and effort. The first place most new webmasters will start there research in order to gain knowledge of how to get their sites ranking in the search engines for their specific keywords are popular webmaster forums and “how to” type SEO sites and blog. A very popular breeding ground for SEO myths.
When you start trawling the forums it is very easy to start taking everything you read as the word of god, especially true if you’re an inexperienced webmaster just starting out. It’s important for you to understand that forums are a breeding ground for incorrect information and myths. Most of the time these inaccuracies will eventually be pointed out by someone more knowledgeable but if you’re the newbie that reads this information before the inaccuracies have been corrected then you could be absorbing information that is inaccurate and sometimes even laughable.
You’ll often come across stuff that is just down right hilarious such as, SEO is quick, SEO can only be mastered by highly intelligent people, SEO guarantees you’ll rank number one, Google has a vendetta against me, Google is the only search engine, you will not get caught for spamming, people on forums are SEO experts, hidden text is ok because it works, it is easy to distinguish Black Hat SEO from White Hat SEO. These are just examples that I came across recently. There are many SEO myths around the internet, some more believable than others. Just remember not to take everything you read as fact as this isn’t always the case.
Source: computernetdaily.com
Our desires to find patterns to help us rank higher in the search engines knows no bounds, obviously in the past and the present this has helped us to learn methods to improve our performance in the search engines using both “Black Hat and “White Hat” methods. The spin off from this is that it has also helped us to create and invent SEO myths, some are more believable and others are just outright crazy. Whilst searching the webmaster forums and various SEO blogging you’ll often come across some mad ideas, some of them so stupid it makes me wonder if some people make up some of this rubbish just to gain the attention.
With the low cost of domain names and shared hosting anybody can set-up a website and claim their own piece of the internet real estate. You can optimize your site reasonably well yourself without a great deal of advanced knowledge just by getting the basic fundamentals right. Anybody can start there own website and build a successful online presence as long as they remember it takes time and effort. The first place most new webmasters will start there research in order to gain knowledge of how to get their sites ranking in the search engines for their specific keywords are popular webmaster forums and “how to” type SEO sites and blog. A very popular breeding ground for SEO myths.
When you start trawling the forums it is very easy to start taking everything you read as the word of god, especially true if you’re an inexperienced webmaster just starting out. It’s important for you to understand that forums are a breeding ground for incorrect information and myths. Most of the time these inaccuracies will eventually be pointed out by someone more knowledgeable but if you’re the newbie that reads this information before the inaccuracies have been corrected then you could be absorbing information that is inaccurate and sometimes even laughable.
You’ll often come across stuff that is just down right hilarious such as, SEO is quick, SEO can only be mastered by highly intelligent people, SEO guarantees you’ll rank number one, Google has a vendetta against me, Google is the only search engine, you will not get caught for spamming, people on forums are SEO experts, hidden text is ok because it works, it is easy to distinguish Black Hat SEO from White Hat SEO. These are just examples that I came across recently. There are many SEO myths around the internet, some more believable than others. Just remember not to take everything you read as fact as this isn’t always the case.
Source: computernetdaily.com
Online Business Myths Busted
I am here to bust a few myths about assembly it online as serious online business owners. Working online or earning an income on or after an online business is not impossible, if you’re expecting me to say that, you’re wrong. later than all, I AM manufacture currency online and I would no more than be proverb I am a big fat letdown is I said that online businesses are load up of….well, a bunch of lies. They’re not.
It’s possible to find an pay online, guard a kin afloat, give food to children, live luxurious lives online. by way of the lump of the Internet, whatever thing is possible…so, why not making money? In fact, with very soon the Internet (albeit, a cellular phone line, a modem and a computer), you can literally not move anything away starting your fingers and knock together riches all unattached month! And gladly too.
The solitary problem is to facilitate a lot of persons are jumping into the online bandwagon having a baby to turn out riches the subsequently week, the next month or the subsequently three months. The ludicrous claims by unscrupulous netpreneurs who claims that they can good thing inhabit may tons of money (along the shape of six suppose incomes) instantly doesn’t help a great deal either! Oh, I’ve had my good contribute to of mistakes. Took in and lapped the whole thing up, swallowed hook, line and sinker a combine of times. I am sure there are many lucrative netpreneurs now who would let pass to facilitate they clear-cut for quite a few scams themselves before and LEARNT FROM IT.
Well, now are a fasten of online corporate facts for you to digest:-
1. in attendance is no instantaneous money on the Internet
Now, reflect more or less it, on the Internet, all is faceless. You don’t know the seller, can’t see the seller, can’t unvarying hear him/her and the individual way you get with the intention of POSSIBLY a big cheese individual is behind all of this is the fact that your email was answered. As an online shopper, would you carve up with a release precious dime for anything that they say they can deliver without proof? Without testimony with the intention of this production is legitimate and won’t run gone in the company of your money the moment you click the ‘pay now’ button?
Nothing. There’s totally not anything that guarantees you that the business is legitimate. There’s nothing to secure you with the intention of they’re remit you no matter what they say they’ll propel you. So, it’s a business so as to is loosely based on trust, recommendations on or after others, honesty and professionalism. And trust you me, to make the category of reputation for your online contract pray not take away hours. It may take similar years!
2. A website takes work
With a website, yes, you declare a supermarket online with the purpose of countless people from all just about can stop at and buy equipment from. But your domain handle and the visibility of your website plays a giant role in the hit of your online business. how do they locate you if you don’t advertise – and complimentary promotion is possible. The problem is doing it and ahead of you for IT to happen, to hit your website and to convey willing-top-pay customers to you.
That’s everyplace search engines come into play. You encompass work unbreakable to ration exploration engines and directories guide your website. yet when you’ve submitted your website URL to all the search engines you know, it’ll escort months for them to even make a list your website. And subsequently there’s the production of ranking. present are millions leading millions of sites, I beg your pardon? makes you sense they would want to record YOUR website as the top 10 or top 30 websites for your beloved keywords?
Getting to the top of look for engines take work and more or less ingenious planning. While it’s possible, it takes time.
3. Recommend a friend online business
Some viral marketing businesses DO effect – this I comprise to say and they work beautiful cursorily too. But the sizzle out really promptly too. So, the jiffy you’ve made your money, reminiscent of gambling, you have to appear for a new one. Not a great deal constancy and reliability there, is there?
The amazing point with reference to these viral marketing businesses is so as to if you fancy to make it to a massive chunk of cash one time off to start a business or pay off a lend or something, you may possibly try this one out. To feed your kids on or after month to month, you power want to acquire something supplementary consistent.
Source: entrepreneur.com
It’s possible to find an pay online, guard a kin afloat, give food to children, live luxurious lives online. by way of the lump of the Internet, whatever thing is possible…so, why not making money? In fact, with very soon the Internet (albeit, a cellular phone line, a modem and a computer), you can literally not move anything away starting your fingers and knock together riches all unattached month! And gladly too.
The solitary problem is to facilitate a lot of persons are jumping into the online bandwagon having a baby to turn out riches the subsequently week, the next month or the subsequently three months. The ludicrous claims by unscrupulous netpreneurs who claims that they can good thing inhabit may tons of money (along the shape of six suppose incomes) instantly doesn’t help a great deal either! Oh, I’ve had my good contribute to of mistakes. Took in and lapped the whole thing up, swallowed hook, line and sinker a combine of times. I am sure there are many lucrative netpreneurs now who would let pass to facilitate they clear-cut for quite a few scams themselves before and LEARNT FROM IT.
Well, now are a fasten of online corporate facts for you to digest:-
1. in attendance is no instantaneous money on the Internet
Now, reflect more or less it, on the Internet, all is faceless. You don’t know the seller, can’t see the seller, can’t unvarying hear him/her and the individual way you get with the intention of POSSIBLY a big cheese individual is behind all of this is the fact that your email was answered. As an online shopper, would you carve up with a release precious dime for anything that they say they can deliver without proof? Without testimony with the intention of this production is legitimate and won’t run gone in the company of your money the moment you click the ‘pay now’ button?
Nothing. There’s totally not anything that guarantees you that the business is legitimate. There’s nothing to secure you with the intention of they’re remit you no matter what they say they’ll propel you. So, it’s a business so as to is loosely based on trust, recommendations on or after others, honesty and professionalism. And trust you me, to make the category of reputation for your online contract pray not take away hours. It may take similar years!
2. A website takes work
With a website, yes, you declare a supermarket online with the purpose of countless people from all just about can stop at and buy equipment from. But your domain handle and the visibility of your website plays a giant role in the hit of your online business. how do they locate you if you don’t advertise – and complimentary promotion is possible. The problem is doing it and ahead of you for IT to happen, to hit your website and to convey willing-top-pay customers to you.
That’s everyplace search engines come into play. You encompass work unbreakable to ration exploration engines and directories guide your website. yet when you’ve submitted your website URL to all the search engines you know, it’ll escort months for them to even make a list your website. And subsequently there’s the production of ranking. present are millions leading millions of sites, I beg your pardon? makes you sense they would want to record YOUR website as the top 10 or top 30 websites for your beloved keywords?
Getting to the top of look for engines take work and more or less ingenious planning. While it’s possible, it takes time.
3. Recommend a friend online business
Some viral marketing businesses DO effect – this I comprise to say and they work beautiful cursorily too. But the sizzle out really promptly too. So, the jiffy you’ve made your money, reminiscent of gambling, you have to appear for a new one. Not a great deal constancy and reliability there, is there?
The amazing point with reference to these viral marketing businesses is so as to if you fancy to make it to a massive chunk of cash one time off to start a business or pay off a lend or something, you may possibly try this one out. To feed your kids on or after month to month, you power want to acquire something supplementary consistent.
Source: entrepreneur.com
Work At Home Myths
As I look around throughout the internet I find there are more and more searches by people wanting work from home jobs. This with the current state of our economy frankly worries me a bit!
As prices go up and jobs now are at an all time low, we the mainstream Americans are suffering greatly. Even with the seven billion dollar bail out, that should never have been enacted without stricter guidelines, has left the American tax payers with additional burdens to now bear. Within one week of the bail out, AIG has now taken a retreat to the tune of $450,000.00, which alone says a lot.
You may be wondering what this has to do with internet marketing. Everything unfortunately. There are more and more people looking for work and there are more searches on the internet for work from home jobs, almost 400,000,000 in fact. This is a Google total for one month of searches.
I have been approached many times already by big name marketers on how important it is to capitalize on these misfortunes. You will begin seeing more and more of the get rich quick programs. The make $10K in one day schemes, no work involved, your own money machine, and so on and so on.
Do not fall for these programs! They will not now or ever put money into your pocket. There will be more and more gifting programs, up sell sites, more junk companies and businesses that will suck the money from your pockets and leave you confused and broke.
Are their real programs on the internet that will actually give you the opportunity to make money? Yes, but you have to do the research, ask questions, email the support group, research the online forms, learn everything you can before signing up, and first and fore most, You must be willing to Work.
Remember the two biggest lies out there are:
Anyone can do it!: If you build it, they will come!
This is not true, not everyone that goes into an Internet marketing business will be successful. You will need to promote your business. There is no blog, website, or program that will automatically make you money or sales.
You will have to find your targeted audience, know what it is that they want, and be able to offer a solution. Within the past six years I have been teaching Internet Marketing and the number one question I always receive is, "why do people fail"?
People invest in a website or product, they only do a little research, they believe that people want the product, they try to sell it, and the more they try to sell the item, the more confused they become and they begin to lose interest in the business that they started. You have to stay focused! Many people do not. When they do not see the financial gains they were promised.
If you do not believe in yourself and the product you are selling, if you do no research on what people want and what they are looking for, if you are not focused and driven, you will not succeed. Stop "selling" and have a real solution for what people are looking for and then they will buy.
I am amazed to this day that people will buy a bottle of water, when water is free!
Source: bharatbhasha.com
As prices go up and jobs now are at an all time low, we the mainstream Americans are suffering greatly. Even with the seven billion dollar bail out, that should never have been enacted without stricter guidelines, has left the American tax payers with additional burdens to now bear. Within one week of the bail out, AIG has now taken a retreat to the tune of $450,000.00, which alone says a lot.
You may be wondering what this has to do with internet marketing. Everything unfortunately. There are more and more people looking for work and there are more searches on the internet for work from home jobs, almost 400,000,000 in fact. This is a Google total for one month of searches.
I have been approached many times already by big name marketers on how important it is to capitalize on these misfortunes. You will begin seeing more and more of the get rich quick programs. The make $10K in one day schemes, no work involved, your own money machine, and so on and so on.
Do not fall for these programs! They will not now or ever put money into your pocket. There will be more and more gifting programs, up sell sites, more junk companies and businesses that will suck the money from your pockets and leave you confused and broke.
Are their real programs on the internet that will actually give you the opportunity to make money? Yes, but you have to do the research, ask questions, email the support group, research the online forms, learn everything you can before signing up, and first and fore most, You must be willing to Work.
Remember the two biggest lies out there are:
Anyone can do it!: If you build it, they will come!
This is not true, not everyone that goes into an Internet marketing business will be successful. You will need to promote your business. There is no blog, website, or program that will automatically make you money or sales.
You will have to find your targeted audience, know what it is that they want, and be able to offer a solution. Within the past six years I have been teaching Internet Marketing and the number one question I always receive is, "why do people fail"?
People invest in a website or product, they only do a little research, they believe that people want the product, they try to sell it, and the more they try to sell the item, the more confused they become and they begin to lose interest in the business that they started. You have to stay focused! Many people do not. When they do not see the financial gains they were promised.
If you do not believe in yourself and the product you are selling, if you do no research on what people want and what they are looking for, if you are not focused and driven, you will not succeed. Stop "selling" and have a real solution for what people are looking for and then they will buy.
I am amazed to this day that people will buy a bottle of water, when water is free!
Source: bharatbhasha.com
Four Common Tax Myths All Home Business Owners Should be Aware of
The home office deduction gets a bad wrap. There are so many rumors out about the home office deduction that you may want to avoid the whole subject. But if you have a home office and aren't deducting it, you could be missing out on some very valuable tax savings. Let's take a look at the truth behind the myths about the home office deduction.
Myth Number 1 - The home office deduction is a red flag for an audit.
Twenty years ago, this might have been true, simply because it was unusual. Now, the home business seems to be almost as popular as home ownership! Millions of individuals operate some kind of business activity out of their homes. Others telecommute, and deduct their home office expense as an itemized deduction. The home office deduction is no longer an automatic flag for an audit.
The key to avoiding an audit is reasonableness. The IRS uses computer analysis on all tax returns. Any deduction that is excessive on your income and the benchmarks for your industry may be questioned.
Bottom line: Deducting a portion of your home expenses as a cost to operate your home-based business is expected!
Myth Number 2 - If I take a home office deduction, I can deduct all the costs of my home.
You deduct a portion of your home expenses as a home office expense based on the square footage of your home office space. If you have a 2000 square foot home, and a 200 square foot office, you could deduct 10% of your home expenses.
Unless you operate a day care center, your home office space must be exclusively used for business. Your kitchen will not qualify as home office space simply because you use the table to complete paperwork. If you use the space for personal and business, it does not qualify.
The easiest way to keep track of this is to designate a room or rooms for home office purposes. If you don't have a complete room to use as office space, use furniture to separate the personal part from the business space.
Of course, there is an exception to this rule. If your business is wholesale or retail and you do not have any other fixed location, you can include any space you use for storage of inventory or product samples as part of your home office. This space does not need to be used exclusively, but must be used regularly, and be suitable for storage.
Bottom line: Calculate the square footage you use exclusively for business and the square footage of your storage space for inventory to determine your home office deduction.
Myth Number 3 - I can only take the home office deduction if I work at home exclusively.
Old rule! Congress expanded the home office deduction to allow business owners without any other fixed business location to take a home office deduction regardless of the number of hours they spend at home. If you provide services to customers or clients at their location, you can still qualify for the home office deduction. You simply must use your home office for administrative and management duties.
Bottom line: You can deduct your home office as long as you don't pay for other office space to run your business.
Myth Number 4 - The home office deduction will make me lose my tax exclusion on the sale of my home.
The rules have changed here, too. If you use 10% of your home for business purposes, you no longer have to recognize 10% of the gain on the sale that could have been excluded if you meet the requirements for the sale of your principal residence.
What you do need to do, however, is include any depreciation deduction you took in prior years as a taxable capital gain. You still benefit, because your capital gain rate is most likely lower than your ordinary income tax rate. You are able to take the original depreciation deduction at ordinary income tax rates, and bring it back into income when you sell your home at the lower capital gain rate. Your depreciation deduction can also reduce your self-employment taxes.
Bottom line: You can still save taxes overall by taking the home office depreciation deduction each year.
Operating your business from home is a very smart move financially for the new or small business owner. You can save yourself thousands of dollars in rent by operating at home rather than renting business space.
But the cost of housing your business is an expense, and should be treated that way. You would not hesitate to deduct rent expense for your business. Treat your home business expense the same way. The tax money you save can be used to grow your business, or even to fund your family vacation! Talk to your tax preparer if you have more questions, and get ready to take that home office deduction on your next tax return!
Source: articlebase.com
Myth Number 1 - The home office deduction is a red flag for an audit.
Twenty years ago, this might have been true, simply because it was unusual. Now, the home business seems to be almost as popular as home ownership! Millions of individuals operate some kind of business activity out of their homes. Others telecommute, and deduct their home office expense as an itemized deduction. The home office deduction is no longer an automatic flag for an audit.
The key to avoiding an audit is reasonableness. The IRS uses computer analysis on all tax returns. Any deduction that is excessive on your income and the benchmarks for your industry may be questioned.
Bottom line: Deducting a portion of your home expenses as a cost to operate your home-based business is expected!
Myth Number 2 - If I take a home office deduction, I can deduct all the costs of my home.
You deduct a portion of your home expenses as a home office expense based on the square footage of your home office space. If you have a 2000 square foot home, and a 200 square foot office, you could deduct 10% of your home expenses.
Unless you operate a day care center, your home office space must be exclusively used for business. Your kitchen will not qualify as home office space simply because you use the table to complete paperwork. If you use the space for personal and business, it does not qualify.
The easiest way to keep track of this is to designate a room or rooms for home office purposes. If you don't have a complete room to use as office space, use furniture to separate the personal part from the business space.
Of course, there is an exception to this rule. If your business is wholesale or retail and you do not have any other fixed location, you can include any space you use for storage of inventory or product samples as part of your home office. This space does not need to be used exclusively, but must be used regularly, and be suitable for storage.
Bottom line: Calculate the square footage you use exclusively for business and the square footage of your storage space for inventory to determine your home office deduction.
Myth Number 3 - I can only take the home office deduction if I work at home exclusively.
Old rule! Congress expanded the home office deduction to allow business owners without any other fixed business location to take a home office deduction regardless of the number of hours they spend at home. If you provide services to customers or clients at their location, you can still qualify for the home office deduction. You simply must use your home office for administrative and management duties.
Bottom line: You can deduct your home office as long as you don't pay for other office space to run your business.
Myth Number 4 - The home office deduction will make me lose my tax exclusion on the sale of my home.
The rules have changed here, too. If you use 10% of your home for business purposes, you no longer have to recognize 10% of the gain on the sale that could have been excluded if you meet the requirements for the sale of your principal residence.
What you do need to do, however, is include any depreciation deduction you took in prior years as a taxable capital gain. You still benefit, because your capital gain rate is most likely lower than your ordinary income tax rate. You are able to take the original depreciation deduction at ordinary income tax rates, and bring it back into income when you sell your home at the lower capital gain rate. Your depreciation deduction can also reduce your self-employment taxes.
Bottom line: You can still save taxes overall by taking the home office depreciation deduction each year.
Operating your business from home is a very smart move financially for the new or small business owner. You can save yourself thousands of dollars in rent by operating at home rather than renting business space.
But the cost of housing your business is an expense, and should be treated that way. You would not hesitate to deduct rent expense for your business. Treat your home business expense the same way. The tax money you save can be used to grow your business, or even to fund your family vacation! Talk to your tax preparer if you have more questions, and get ready to take that home office deduction on your next tax return!
Source: articlebase.com
Thursday, September 24, 2009
Myths and Misconceptions About Starting an Online Business
By William Sloan
Here are some common phrases used to promote online businesses and what they really mean:
#1 - Simple & Easy
Simple and easy depends on who's speaking. A doctor may tell you it's only a 'simple procedure' but that doesn't mean that you should attempt it yourself.
Many online businesses ARE simple to operate. If you understand how it works you will be amazed at the simplicity - but getting to that point will require time and experience. You may just need to try a few to get a 'feel' for the business before deciding which one is easiest for you.
Those who have learned from experience can look back and see how simple it COULD have been if they'd known what to do all along. Finding a trustworthy guide can be a great assistance to your business efforts.
#2 - Anyone Can Do This
Sorry - starting a business of any kind is stressful and requires a learning curve. If you are attempting an online business out of desperation or the belief you will make easy money you will face enormous obstacles. On the other hand, if you are truly seeking a business you can learn, work at and make a living from, you will find something online that fits your needs.
Studies of successful business people concur that those who make it have common qualities of persistence, patience and desire. These qualities are essential when trying to start an online business - do you have them?
#3 - Turnkey
The term 'turnkey' use to mean that a business was set up and ready to go. You will find the term in business classifieds where the new owner can just step in and start running the business. Unfortunately some marketers use the term to suggest a business is fully automated - that there is no work involved.
There is always work involved. If the business really is turnkey than you will begin work right away because it has already been set to go. If you want an automated business you will have to do the work to make it automated. Either way, nobody is going to give you an automated, turnkey business that makes money - they had to do the work, so why would they share it?
#4 - It Won't Cost Anything
You absolutely CAN set up an online business with no money, but be prepared that a combination of no money and lack of experience will stifle your efforts immensely.
Most individuals who start or run a business with no money have learned how to make use of the best free techniques through experience. They have paid their dues by trying businesses that cost money. They have spent time in and around their industry or market and they've been able to see where they can cut costs.
If you are prepared to spend a LOT of time researching before starting your business you may be one of the few who does it right the first time. For most people though, expect to pay something towards your online business education before seeing results - you just can't buy experience.
Online business obviously has its share of work involved, but finding the right one has enormous payoffs many people are willing to sacrifice time and money to achieve. Running your own business is satisfying and can give you more time to do what you really want to do in life.
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