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A Quick Reference to Starting an Importing and Exporting Business

export-import business

Ex-im business

If you are making the leap into the importing and/or exporting business, there are many things you need to take into account before gearing up in full force.  Some things you need to research are international trade regulations, how currency transfers from different countries, as well as how you will track everything.  Here is a quick reference to things you need to consider when going into business as an importer/exporter.

  1. Translation of Product—When choosing a product it is

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Where to Look for Online Business Idea for 2010

2010 online business idea

Online business idea search

Looking for online business idea is not as difficult as you thought. Here is one, single idea that works over and over again for me: Spying on the Flippa marketplace listings.

I love being a spectator. Not because I am too afraid taking any actions on anything, but being a spectator allows me to have bird’s eyes vision on what’s going on right here, right now.

In online business, I enjoy being…

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How to Start Making Real Money Online

make money online

Online money making

Many people are keen on make money online through various methods, from setting-up e-commerce store to affiliate marketing. Here’s how to help your make money online endeavour a successful one, guaranteed.

People are plunging themselves into online business or Internet marketing, thinking they will make big bucks out of it. Unfortunately, after a short while they have their feet and hands dirty trying to dig some cents out of the Internet, they give up. Indeed, online money making…

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Being cheap: It’s Not About Saving Money

bootstrapping

Frugality

This is a guest article by Patrick Jobin.

“I have a 40 page business plan. Now I need a bank loan.” These words are a sure sign that the business is going to fail. Unless you’re getting into the real-estate business, debt financing should only be sought as a last resort.

Instead, you should simplify your product or service down to its most basic elements, and look for ways to launch with little or no money.

Instead of…

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How to Use Your Business Blog for Brand Evangelism

brand evangelism

Business blogger

Blogs are no longer function as diary or journal – they are now branding tools, either for the purpose of personal or business branding. How to use blogs for brand evangelism purpose?

I remember the early days I learn about blogging (way before I started to think about the possibilities in make money online via blogging) – blogs are full of personal stories, rants, raves, and more. Since then, blogging has entered the business-slash-money arena and blogs are no…

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Top 7 Gotcha’s at Closing When Buying a Business

buying a business

Avoiding Mistakes at Closing

The buying and selling of businesses can be an arduous process.  Both the buyer and seller are well served having a professional business broker that is seasoned and has a penchant for details.

In addition to the emotion of turning over the keys or leveraging one’s life savings for a new venture, there can be a lot of roadblocks along the way. I’ve listed the Top 7 issues of the 15…

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A Day at Entrepreneurs Law School

business legal

Business legal

Sometimes it may be easy to recognize what a successful person looks like because of the fancy car, expensive clothes or the big house or houses.  But, what does a future Successful person look like? 

Last weekend I was asked to speak at the Entrepreneur Law School at Florida Gulf Coast University.  I spoke along with an attorney to a standing room only crowd of small business owners in Southwest Florida.  These small business owners paid $100 to attend…

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Working Capital – Where’s The Cash?

working capital

Working capital

Remember the Wendy’s fast food chain tagline, “Where’s the Beef?” Buyers ask, “Where’s The Cash?”

Working capital is essential to operating a successful business. There must be free flowing cash to pay the bills. Simply stated, CASH makes the economy function and credit is the great (cash) enhancer!

Buyers, sellers, business brokers and other professionals need to not only understand working capital, but know how to leverage it to close more deals.

Most accountants agree that the definition…

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How to Brand Your Business Email Communication Like a Pro on a Shoestring Budget

email communication

Email in a box

Small business owners are experts in minimising costs and maximising results. In your business email communications, using the right software can help you boost your sales and business branding on a shoestring budget.

Other than a Webpreneur, I am also a Web and Graphic Designer. I do understand that in order to succeed, small businesses need to brand themselves properly.

Creating poor company logo will destroy your business branding. Setting up a…

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Starting a Small Business? A Lesson Learned from American Idol

business start-up lesson

Let the man speaks truths!

This is a guest article by Jim DeLapa, the President of GreatBusinessPlan.com

If you are thinking about starting your own business, believe it or not you can learn a valuable lesson from tuning in to the early auditions of American Idol, now on the air.  This lesson will help you avoid one of the most common mistakes made by entrepreneurs, one that costs them dearly.  Take this lesson with you as you write your small business…

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Developing Profitable Product Concepts

product concept

Toyota Corolla wire-frame

This is a guest article by John Schulte, the President of the National Mail Order Association.

It’s very hard to describe how to develop the merchandising ability of looking at things and automatically seeing how it could be sold. It’s part experience, part learned knowledge, part natural instinct. I can only write examples when they come to me.

Hopefully through example you will learn to relate and assimilate. You must practice your product development skills every day. You…

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