Business Loans: Translating Potential for Financial Success and Independence.

A good entrepreneur knows that the essence of striking gold in business is finding the right opportunity and going after it despite the risks. These opportunities keep on sprouting when you are doing business. Or you might have stumbled upon one and contemplating taking it. Your financial condition may not help you to translate your potential for financial success and independence. Business loans can facilitate this translation.

Obtaining finance is central for starting a new business or making business grow. Financing a business through business loans can be a formidable task. But a good preparation can easily sort out any matter detrimental to getting your business loans approved. Taking a loan for business is an important decision. A business loans borrower must understand that while taking loans can help a business grow, a wrong decision will mean debt and actually damage financial stability of a business. Determine how much loan amount you require as business loans. There are different business loans products to decide from.

A well thought out business plan is the most significant part of getting a business loans approved. The business plan should have projection. Don’t go into details, a concise to the point executive summary which answers all the queries of a business loans, will gain easy acceptance. If you have an established business – financial statement, cash flow for the past three years will be required.

Business Loans
application is reviewed, some of the following questions might come up in one version or the other.

o How much loan do you require?

o What about business profits, does it have enough cash flow, to service the debt?

o Is there collateral to cover the loan?

o Is there a reasonable balance between debt and equity?

Business loans lender would pay much emphasis on your repayment ability. He would like to know if you have invested your own money in the business. He would not be very interested in taking risk in a venture where the business owner has not.

For business loans it is important to know your credit history. The business loans lender will undeniably go through your credit history. Go through your recent credit history and find out faults and recent credit discrepancies. If there are inconsistencies, get them removed. A credit history that is questionable will most likely not get business loans. However, if you attach a letter explaining your credit conduct can evoke a favourable response. The worst mistake will be to hiding your faults. This will most certainly reject an otherwise encouraging business loans application.

Few people realize it but locating a good business loans lender is integral to finding business loans. It is not easy to find business loans lender that abides by your needs. In fact it is an investment in itself. Look for business loans lender who is willing to work with you and for you.

Business loans also depend on your character and your ability to be present yourself, your business details and your confidence. They also count in getting your business loans accepted. In case business loans application is rejected – make sure you know the reason why this happened. This will enable you to rectify mistakes next time you make attempt to get business loans.

Collateral is chief ingredient for business loans. Secured business loans will require collateral and greatly add to the business loans application. Business loans without collateral are unsecured business loans. They are usually difficult to find. But unsecured business loans will only satisfy small financing needs.

Business loans are available for most financing needs. Business loans can be used for starting a business, refinancing, expanding your business, purchase of equipments or any other commercial investment. Insufficient business funds are one of the leading causes of business failure.

10 Business Card Basics – Does Yours Have Them?

Do you consider your business card a marketing tool, or just a basic business necessity? If your answer is “a basic business necessity” you’re missing out on an inexpensive, often overlooked, valuable marketing tool.

I think many small business owners miss the boat when it comes to their business card. I’m looking at a variety of cards right now that I’ve received over the past few months.

Most of them are missing at least one key element that could be helping them attract more clients and prospects.

Most business cards include the basic contact information, but that’s where they stop.

Your business card is a marketing opportunity. Every time you hand one out, it’s a chance to communicate something about your business. It’s a chance to help establish your brand identity.

And, it’s a chance to attract prospects and clients to your business.

But only if you include the proper information.

Following is my list of 10 things every business card should include, along with a few basic tips on creating a business card that works hard for your business. While some of it seems pretty basic, you’d be surprised what I see on some business cards!

Use it as a checklist to evaluate your business card to see how it measures up.

1. Your Name

Obvious I know, but please make it easy to find and read. No mouse-type and don’t bury it among other information.

2. Your Title

You’d be surprised how many people leave this off. I recently received the business cards from two gentlemen who work for a major public relations firm. One is the founder and president, the other an assistant. Neither of their cards feature job titles. If time goes by and I forget who they are, or if I pass along their cards or contact info to someone else, they might not have any idea one of them is the owner of the company.

Too bad. It doesn’t cost any more to print a title on the card.

3. Your Business Name

Most people get this one right. If, however, you don’t have a business name, and you’re operating as “Mary Smith, Accountant” you need to get one. Even if you’re operating as a sole proprietor, a business name tells your prospects you’re serious, that this is a business and not a hobby.

4. Your Mailing Address

Make it easy for people to contact you. Five of the 20 business cards I just pulled out of my files do NOT include a mailing address. If you work out of your home and don’t want to publish your home address, get a P.O. Box or Postal Mail Box.

This again will help establish yours as a bona fide business and not just a hobby.

5. Your Email Address

Most people are pretty good about including his, but many are still using personal email addresses instead of “[email protected]”. Be professional and obtain and use an email address that features your web site domain name. It says you’re a professional AND it reinforces your brand/business name.

6. Your Phone Number and Fax Number (if you have one)

You may also include your cell phone number if you choose to. Whatever phone numbers you include, make sure they are clearly marked. How many times have you picked up a card and dialed a fax number by mistake only to receive that lovely screeching sound in your ear!?!

Make sure the font size is readable. You want to make it easy for prospects and clients to call you.

7. Your Logo Mark

This is one of the items I often see missing from small business owners’ cards. Probably because they don’t have a logo mark. A logo mark is your opportunity to begin establishing your brand. It sets the tone and personality for your business. In my opinion, it is a business must-have.

If you think you’re not big enough or can’t afford a logo, think again. If you want to be taken seriously as a business you need one.

8. Your Tagline

This is another one I scarcely see. What is a tagline? It is a short statement that sums up the solution you provide, or the key message or unique selling proposition for your business. When combined with your business name and logo, it communicates a lot about your business.

It’s a huge missed opportunity when you leave it off your business card.

9. Your Web Site Address

The most common reason for leaving this off a business card is not having a web site. I believe ALL businesses should have a web site. It gives your prospects and clients the opportunity to easily learn more about your business and the products or services you provide, if they’re not yet ready to contact you directly.

10. A Call-to-Action

This is one that most people do NOT include, but one that can provide a huge opportunity. If you look at your business card as a promotional tool, why not include a call-to-action, such as “Visit our website at [your website addresss] to get your Free Report, [Free Report Title].”

Use it as a way to drive traffic to your web site and generate new leads or prospects. It costs next to nothing and can make a huge impact, especially if you hand out a lot of cards.

This is something that can easily be printed on the back side of your card and two-sided cards don’t cost much more than one-sided cards to print.

It only cost me a few dollars more to print both sides of your business cards and it allows your to make the cards work that much harder for your businesses.

Take a look at your business cards. Do they feature all 10 of these items? If not, you’re probably missing out on a great, low-cost marketing opportunity.

(C) Copyright 2005 Debbie LaChusa

Business Ideas For Home Based Business – Work At Home At Your Own Pace

Business ideas for home based businesses really depend on your area of interest. If you like selling door to door or organizing home parties, then you will find that there are many opportunities for you to operate your own business out of your home. This still means getting dressed and going out in all types of weather. However, there are also business ideas for home businesses where you can do everything online taking advantage of what the Internet has to offer and the options are many.

Most people think that in order to have an Internet business, they need to take a computer course, which only adds to the expense of setting up a business. All you need to operate a work from home Internet business is your own personal computer and an Internet connection. Once you have that then the world is at your feet when it comes to business ideas for home based businesses.

You don’t necessarily need a website of your own to do business on the Internet. It all depends on what you are interested in doing as part of your work at home Internet business. If you have a flair for writing, then you will find a wealth of business ideas for home based businesses by searching the Internet. Those who do set up websites are always looking for writers for their articles and you can register with either elance or Guru, or both. These companies allow you to bid on writing once you pay the subscription fee, which is very reasonable – from $75 to $90 every three months.

If you do not want to pay anything at all to set up a work from home Internet business, then this possible as well. There are many sites that advertise work that you can do from your own home, using your computer and the Internet for your research. Write articles for magazines and if you have an education background, you can develop lesson plans for various publishers. As long as you can send and receive email and have a word processing program on your computer, then you can avail of many different business ideas for home based businesses.

When you want to work from home, the Internet is the best place to start searching for business ideas for home. Here you will find opportunities that require small or no investment to get started. When you take advantage of business ideas for home business, then the sky is the limit. How much money you make depends on how much time you want to devote to the Internet business you create.

There are plenty of business ideas for home based businesses, and some of the best are on the net.