#business loans for bad credit

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You Can Apply for These Small Business Loans with Bad Credit

Small business owners are often turned away by lenders when they have poor credit. That’s because a bad credit score implies you have not managed your finances properly in the past.

Luckily, it’s possible to secure small business loans with poor credit.

A number of alternative lenders are offering loan solutions for bad credit today. These lenders place more importance on the operating history and strength of your business. In other words, they do not focus solely on your credit score when they consider your loan application.

Here are some loans for bad credit options worth exploring.

Small Business Loans with Bad Credit

Kabbage

The best thing about Kabbage is that it does not require a minimum credit score to qualify. It does, however, check your credit history. If you are looking for some short-term working capital, Kabbage is worth trying. You can borrow from its line of credit and repay on an as-needed basis.

To qualify, you should have minimum annual revenue of $50,000 and have been in business for at least a year. You must also have a business checking account, bookkeeping software or an online payment platform.

It takes only a few minutes to complete the online application process and if approved you can get funds in just a couple of days.

Fundbox

Fundbox does not have a minimum credit score or minimum annual revenue requirement. Instead, it takes the value of your invoices and ability to repay the loan into consideration.

Funding is prompt and takes up to just three business days.

To qualify, you must use bookkeeping software or online accounting that can link to Fundbox and have a minimum of six months’ activity in one of these software applications.

OnDeck

OnDeck offers both term loans and lines of credit. You can go for the term loan if you are looking for some quick cash to expand. If you want to manage your cash flow and working capital, a line of credit is your best option.

To qualify for OnDeck’s term loan, you must have a personal credit score of 500 or higher. For a line of credit, your personal credit score should be at least 600.

Once you complete the online application process, you’ll get a decision within a few minutes and funding as soon as the following day.

Interestingly, OnDeck reports your payment activity to the three credit bureaus, which means paying off your loan on time can boost your credit score.

BlueVine

If you lack collateral, have poor credit and unpaid invoices, you may consider BlueVine. The lender offers an advance based on the value of your invoices. Approval is based on the strength of your cash flow and the financial strength of your debtors.

You do need to have a personal credit score of 530 or more to qualify. Also you should have at least $120,000 in annual revenue and have been in business for at least three months.

StreetShares

If you have a new business, StreetShares is a good option to explore. The lender requires a minimum of one year in business and $25,000 in annual revenue. But even if you have been in business for only six months and you can qualify with $100,000 in revenue.

You need to have a minimum personal credit score of 600 or more and a strong cash flow to be eligible.

Dealstruck

Dealstruck is a good option if you are looking for different loan products. The lender offers a term loan for expansion, an asset-based line of credit for businesses with unpaid invoices and an inventory line of credit for businesses that have recurring inventory purchase requirements.

To qualify, you need to have a minimum credit score of 600, although company CEO Ethan Senturia has said that the company accepts scores in the 500 range. You also need at least $150,000 in annual revenue and need to have been in business for at least a year.

A bad credit score may create problems for you when you try securing funds for your business, but it shouldn t stop you from exploring options. You need to understand your needs and look for options that meet your requirements.

Shubhomita Bose is a Staff Writer for Small Business Trends. She covers key studies and surveys about the small business market, along with general small business news. She draws on 8 years of experience in copywriting, marketing and communications, having worked extensively on creating content for small and medium sized enterprises.

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#international business jobs

#

What Can I Become with a Master’s in International Business? After graduation

A Master’s in international business is ideal for students who are planning to build a career in international business. Through this program, you can develop a variety of skills necessary to understand the global economy. It also gives you the ability to plan strategically for international operations and the capabilities required to execute those operations. A study programme in international business solely focuses on the area of international business.

Career opportunities with a degree in international business

With the massive growth of international business, there is a huge demand for individuals with an in-depth knowledge and understanding of global markets. This is one of the reasons why completing a Master’s or Bachelor’s degree in international business can open the doors for a series of career opportunities. Whether you choose to explore careers in the field of marketing or finance, you will be able to choose from a wide range of opportunities.

If you choose to go in the marketing direction, international business studies can be useful to land a job as an International Marketing Manager. In this position, you will be required to oversee the marketing strategy of a company in the international market. Your job will involve analyzing the potential market and predicting the profitability of various products or services.

The role of an International Finance Controller is popularly given to those who have completed an according specialisation in their international business programme and chosen to build a career in the field of finance. With this role, you will be dealing with various issues related to taxes, audits, accounts, regulatory compliance, and budgets. This position is typically the highest in the finance department for most companies.

After completing an international business degree, you can even land the role of an International Banking Manager. Your job will be to oversee the international banking policies and objectives as well as initiatives of a financial institution. You will also have the responsibility of developing and maintaining banking services to clients in the global market.

As a graduate in international business, you can also become an International Trade Manager. You will have the responsibility of overseeing every aspect of the trade negotiations and policies of an establishment be it a private firm or a government office. A Master’s program in international business will give you the necessary skills and knowledge to oversee contacts with important industry leaders and trade officials.

5. Business development

International business studies also prepare you for a career in the field of business development. You can become a Business Development Manager, which requires you to assess various marketing opportunities as well as the international target market. Your responsibility will be to evaluate a business to help it realize its full potential.

Higher studies in international relations degree

Once you complete a Master’s program in international business, you can even pursue a higher degree by enrolling in a doctoral degree program in the field. This degree will qualify you for more prestigious job opportunities such as the role of a CEO. You can even get into teaching at university level or get involved in research work.



#small scale business

#

4 Ways a Small Business Can Scale to Profitability

Downfalls like not being a profitable venture, startups shutting their doors or even bankruptcy are often caused by a lack of knowledge or a willing ignorance amongst small-business owners.

If the owners really knew what they were doing wrong, they might have been able to fix the problem, entrepreneur and business speaker Jay Goltz told The New York Times . Often, it s simply a matter of denial or of not knowing what you don t know.

Don t fall into the trap. Armed with the following knowledge and know-how, you have a fighting chance of making it as a profitable business that continues to scale for years to come.

1. Prove your expertise. To get customers to trust you (and pay for your products or services), you have to prove you re an expert in your industry.

You can accomplish this by posting blogs, sending out newsletters, participating in interviews, publishing content through noteworthy blogs or publications and making informative how-to and instruction videos that relate to your business.

You cannot buy trust at any price. But slowly, over time, you can build it for free, business advisor Jeffrey Gitomer told Copyblogger .

2. Take calculated risks. All entrepreneurs are risk-takers. They kind of have to be, as it is a huge leap of faith to start a business. But what makes one entrepreneur succeed, where another will fail has to do with if a person makes calculated or reckless risks.

Look at the costs and benefits of every decision and figure out the worst-case scenario. Have back-up plans in place and rely on trusted advisors like your accountants, bank, marketing consultants, lawyers and insurance agents.

Carefully plan out your course of action and make it a collaborative effort amongst you and your employees. That way, if failure does occur, you have people there to support you and assist you in deciding the next move and risk you should take. Plus, by taking these more conservative risks, you are less likely to make a mistake that could have detrimental ramifications — ones that could create financial situations that are hard to climb out of.

3. Develop a cash-flow strategy. Having a steady flow of cash is critical when you have a small business. You need to pay the bills and your employees, as well as purchase materials to scale your services or build your products and more. You also need to make a list of one-time expenses and ongoing expenses and figure out how much money you ll need to operate on a day-to-day basis.

One great tool is SCORE s break-even chart, which allows you to track your profits and can help you see how to increase them. To prepare for slow times of the year, you should save at least three to six months worth of cash to keep your operations going.

4. Appreciate your employees. When you hire employees, make sure that they re actually passionate about the industry you serve. If an interviewee is enthusiastic, does his or her research about your business and asks engaging questions, then he or she is likely to be a good candidate for a position and could provide amazing insights into growing your company.

Once you hire your rock-star team, treat employees as equals and trust them. Show that you appreciate their efforts by encouraging new ideas and collaboration. You can do this by simply being available to them and being positive when they have suggestions. If everyone is on the same page and feels like they have a say, the business is more likely to thrive.

Small business success can be achieved by thinking ahead and planning out your next move. It s a challenge to run a small business, but with the right preparation, you can come out on top.



#online home business

#

50 Online Businesses You Can Run From Home

Avoid cubicle farms and bosses breathing down your neck by starting an online business that you can run from home. Once you start making real money, you might never turn back. Here are 50 online businesses you start and run from home:

Virtual assistant
Help clients out by providing secretarial, technical, or creative support from your home office.

Providing content
Blogs, websites, even magazines need content to stay fresh and relevant. Put your writing, photography, or other artistic skills to work for pay.

Freelance programmer
Everyone needs a programmer. You re especially relevant and valuable if you can program mobile apps.

Affiliate marketing
Drive traffic to big sites like Amazon and eBay, or even to smaller sites via online ads and your website, then get a commission in return.

Reselling products

Buy a bunch of products at one price, set up a website, and resell them to interested buyers for profit.

Ebooks
Ebooks in every topic are a hot commodity. You could either get them written and sell them via your website, or write them yourself.

Home study courses

Learning a new skill is as easy as getting online, and if you have a specialty, it s a good time to turn it into a home study course that you can sell for profit.

Reports
Research a topic that people just can t find a solution to, package it into a report, then sell each report for money.

Educational videos

From fixing dishwashers to understanding myopia, people are hungry to learn online. Help them with your educational videos.

Selling software
From Internet security to marketing support, everyone with a computer is looking for some kind of software. Help them find it by selling it on your site.

Day trading
If you re willing to rise early, study markets, and put in winning bets, this three-hour-a-day job could be for you.

Google AdSense websites
Create one or more blogs or websites, and make money by showing Google AdSense ads.

Selling ad space
Build a website, increase traffic to it, and advertisers will be knocking on your door to pay you for ad space.

Flipping domains

See a potentially hot domain name that hasn t been taken yet? Buy it up and flip it for profit.

Online auctions
Yes, buying up someone else s junk at garage sales, then selling it for a premium on eBay still does work.

Data entry

Everyone needs data entry, but few are willing to do it. If you re one of those few, you can find contract jobs online.

Paid online surveys

Marketers will pay as much as $300 per day for in-person surveys. Online surveys will net you less, but if you do enough of them, you can make yourself a handsome little nest egg.

Network marketing
Proven products always need more sellers. Find a niche you like, put up a small amount of money upfront, make lots of phone calls and online inquiries, and watch the profits roll in.

Selling your handiwork or crafts
If you consider yourself an artsy-craftsy person, add the fruits of your labor to Etsy.com and transform them into dollars.

Flipping websites
Take someone s flailing website off their hands, polish it up, and find a buyer who wants it.

Naming domains
If you re good at naming things, try your hand at domain naming for profit at PickyDomains.com.

Writing software reviews
If you geek out on new apps, programs, and other software, writing reviews on SoftwareJudge.com can make you money.

Writing Google AdWords ads
Everyone wants good AdWords ads, but not everyone can write them well, as any Google search will demonstrate. Prettifying AdWords ads can make you a profit.

10 Great Ways to Rapidly Improve Your Credit Score

Write sponsored posts on your blog
Companies everywhere are dying for social media exposure. Get enough user traction on your blog, and make moola writing paid posts through an agency like PayPerPost.com.

Social media expert
If you have a real aptitude for gaining a following on social media sites like Twitter and Facebook, outsource those skills to companies as a social media expert.

Write an ezine with a paid subscription

If you have valuable content to offer, consider writing an ezine, then charging users to read it. This is an especially promising strategy as the age of the tablet rears its head.

Online research
Lots of people and companies need research done, but not everyone has the time to do it. Pimp your skills as a researcher-for-pay.

Flipping blogs
See a potentially huge blog that s been neglected by its owner? Snap it up, fix it up, increase traffic, and flip it to a buyer for a profit.

Transcribing
Transcribing audio content can be a slow, time-consuming process, and the truth is, there s just not that much good transcribing software out there. This could be your niche.

Recruiting
Becoming a freelance recruiter can offer handsome benefits, especially if you do it at the executive level.

Consulting
Pitch yourself as an expert in your field and harness your connections to consult for a living.

Life coach
Do you like to motivate people? Got business acumen? If so, exchange your skills for cash as an online life coach.

Online travel agent
Although lots of travel planning is now automated, you can still make money as a specialized travel agent, either for a travel portal or on a consulting basis.

Selling products
If you have something to sell, there s a place for you to sell it, from Craigslist to eBay to Amazon to all kinds of specialty sites.

Dropshipping
Be the middleman between a customer and a wholesaler by shipping goods that a customer orders from said wholesaler and marking them up in the process.

Graphic design
Put your artistic skills to use by designing posters, ads, business cards, and more.

Web design
Outsource your skills to the legions of companies and individuals looking for a new or improved website.

Selling used books
Selling used books on sites like Amazon.com and, if you sell the right books, quite lucrative.

Internet marketing
From blog guest posts to Facebook to newsletters, Internet marketing requires know-how, but you get paid bucks in return.

Accounting

If you re a CPA, jump online to bring in more business.

SEO
What use is a website if a search engine can t find it? Put your search maestro skills to use by becoming an SEO expert.

Apartment/roommate locator
Use your real estate acumen to find people the perfect apartment or home to rent, or even hook them up with a roommate.

Bookkeeping
Record financial transactions for clients, or work in billing.

Collections
Work as a bill collector from home.

Make how-to videos
Make quality how-to videos and sell them for profit.

Payroll services
Take care of payroll administration for businesses that can t do it in-house.

Cartridge refill

Have people mail you their empty ink cartridges, refill them at home, and mail them back.

Software beta testing
Become a beta tester for the many software companies putting out new products.

Vitamin sales
Tinctures, creams, and anything with the word anti-aging on it has a hot market. Gear up a site to sell these products online.

Medical claims billing
There are a lot of medical claims that need to be billed and everyone outsources. Get trained and jump on this for guaranteed bucks.



#harvard business journal

#

KDnuggets

30 Can t miss Harvard Business Review articles on Data Science, Big Data and Analytics

Here are 30 Harvard Business Review (HBR) articles on big data, data science and analytics that provide insights about the latest technology and happenings in the world of data.

There are dozens of HBR articles that are worth recommending, but here are our picks on big data, data science and analytics collected using most popular and next recommended article filters based on search term.


Full Disclosure. You can view 5 articles per month without the need to sign up and upto 15 articles can be accessed after sign up. KDnuggets derives no form of benefit if you subscribe to HBR.

On Data Science

  1. Data Scientist: the sexiest job of the 21st centuryby Thomas H. Davenport and D.J. Patil (Oct 2012)
    How the idea of LinkedIn’s People You May Know feature really clicked! The key player involved was a “Data Scientist”, a title coined by the two authors.
  2. The Sexiest Job of the 21st Century is Tedious, and that Needs to Changeby Sean Kandel (Apr 2014)
    Which phase does a data scientist spend more time on? Data Discovery, data structuring and creating context. Should they shift their focus?
  3. What Every Manager Should Know About Machine Learningby Mike Yeomans (July 2015)
    With the right mix of technical skill human judgment, machine learning could be a new tool for decision makers. Learn what mistakes to avoid.
  4. Data Scientists Don’t Scaleby Stuart Frankel (May 2015)
    We are at a new phase of big data. Is Data capture and storage now less relevant than making it more useful impactful?
  5. Get the Right Data Scientists Asking the “Wrong” Questionsby Josh Sullivan (Mar 2014)
    What makes an exceptional data scientist? Data by itself is meaningless. The skill curiosity is what makes the difference.
  6. A Data Scientist’s Real Job: Storytellingby Jeff Bladt and Bob Filbin (Mar 2013)
    How to derive insights intuitions from data? We “humanize” the data by turning raw numbers into a story about our performance.
  7. What Separates a Good Data Scientist from a Great Oneby Thomas C. Redman (Jan 2013)
    Better than the Best! Great data scientists bring four mutually reinforcing traits to bear that even the good ones can’t.
  8. Still the Sexiest Profession Aliveby DJ Patil (Nov 2013)
    Data scientist jobs are very much in demand as companies grapple with the challenge of making valuable discoveries from Big Data. Is a huge crowd just joining the bandwagon?
  9. 10 Kinds of Stories to Tell with Databy Tom Davenport (Nov 2013)
    Narrative is—along with visual analytics—an important way to communicate analytical results to non-analytical people. Explore the 10 types.
  10. How to Start Thinking Like a Data Scientistby Thomas C. Redman (Nov 2013)
    You don’t have to be a data scientist or a Bayesian statistician to tease useful insights from data. The author demonstrates how to think with a small exercise.
  11. Stop Searching for That Elusive Data Scientistby Michael Schrage(Sep 2014)
    Stop hunting for that data science unicorn and/or silver bullet. What to do instead?
  12. How to Explore Cause and Effect Like a Data Scientistby Thomas C. Redman (Feb 2014)
    While we can use data to understand correlation, the more fundamental understanding of cause and effect requires more.

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  5. How to Become a Data Scientist – Part 1
  6. Why Big Data is in Trouble: They Forgot About Applied Statistics
  7. Data Science for Beginners: Fantastic Introductory Video Series from Microsoft
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  7. Reinforcement Learning and the Internet of Things


#lucrative business ideas

#

4 Lucrative Business Ideas That You Should Consider Starting if You Can Drive

Beyond the Ice cream trucks and the food trucks and cabby services, (which are good businesses by the way) there is a lot more you can do with a vehicle that can be lucrative and can serve either as a healthy side business or a major gig.

If you have a vehicle or are thinking of a mobile business to start, then the first question to ask is; what can I do?

There are varieties of businesses today and in a fast-lane-do-it-for me world, almost everything you can think of that a vehicle can do, can be done for profit. Interestingly, many other things you never thought a vehicle could do can also be done with a vehicle for money.

I will share a few ideas, but the key is to evaluate yourself to see if you can handle it. If you have been thinking of what to start up and perhaps you are considering a mobile business or you have a car sitting in the garage, then these few ideas will be helpful.

1. Offering Delivery Services

The business terrain is fast changing and the need to increase customer satisfaction as a prerequisite for increased patronage is largely responsible for the increased number of e-commerce websites.

Major e-commerce websites need dispatch services; they often work with smaller stores which often work with post offices. The truth is that there is enough business to go around whether you work directly with the stores or the post office.

In spite of the recent trend to take your business online. there are still many stores in your city that rely solely on e-mails and phone calls to communicate with their customers. Customers will gladly pay a little extra for you to save them the trip to the store.

2. Become an Approved Driving Instructor

Maybe you have a vehicle and it costs you money to fuel it and you either don’t have a job or you want to make extra money by the side, and to top it all off, you love to drive and are pretty good at it. Good, then you need to consider this route as one of those lucrative deals your personal vehicle can help you achieve.

All you will need is a vehicle, a valid driver’s license and good knowledge of driving and instructing other drivers (you will have to prove this through a compulsory qualifying test). Then proceed to get registered as an Approved Driving Instructor and you are in business.

3. Invest in a Mobile goods Store

Again, owing to the increasing reluctance of customers to get out of the house or to take a trip to the stores, someone has to do the job of bringing stuff to them. Online platforms have their place, but people will jump at the sight of mobile stores. Thankfully, there are various businesses that have proved this.

The innovations that can be brought to life with a moderate of large sized truck are almost inexhaustible. Mobile cloth stores, Mobile fruit Shops, Mobile Jewelry stores and even flower trucks. There is sufficient proof that these ideas can work and they tend to be quite lucrative.

All you need to do is to observe your environment and see what can be done with a truck. It doesn’t matter if it has been done before or not. Mobile stores can afford to sell at lower prices and yet bring the goods to the neighborhood because they avoid rents and all the maintenance costs of running a brick and mortar store.

What could be more enticing?

4. Invest in a Mobile Services Store

People are much more willing to start up mobile goods stores, but services are a little more tricky. I mean people can buy a T-shirt from a moving truck but will they have a haircut in a truck?

Actually, there are few mobile business ideas that have not been explored. Some have worked over time and some have been ludicrous. In the end the first thing you have to consider is what services you can offer and then if people will pay to bring it to their neighborhood.

Richard Caporizzo converted a van into a state-of-the-art doggie spa with its own power supply, water tanks and electronic grooming table. Caporizzo and his son Matthew Vernon make house calls to trim, bathe and blow dry dogs at their owner’s homes. So yes, almost anything can work if you are really good at your services.

There is a truckload of ideas that you can explore and see what suits you and or your city more. But if people will pay to have it brought to them, then you can take their money gladly.

Whether you hate office jobs and sitting at a place and love mobility or you need to add to your income
or perhaps you have a vehicle that is not being used enough you can borrow an idea here, and make some money from it. Better still, you don’t need to kill yourself over how to raise money for this. Apart from the fact that most of these businesses will not cost you millions of dollars, there are some unconventional ways you can still get the capital you need.

Don’t limit yourself, change with the changing terrain and let your imagination fly!

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#easy business ideas

#

Main menu

Easy online business ideas

Easy online business ideas Analysis

Check out our list of the 25 best online business ideas from the pros. Start your. Setting up a blog is an easy online business to start. You can.The following 50 online business ideas are all great opportunities to start. candles, or cookware, selling online has become easier than ever. easy online business ideas Are you looking to start a successful online business from home? Check out these 5 unique business ideas that filled a smaller niche and saw big success. The site isn’t flashy, but it’s simple and effective. Santa Mail has been around since.Jul 11, 2016. Interested in starting an online business, but unsure of where to begin. to create attractive, easy-to-use websites for small businesses.

Characteristics of a good business idea warehouse jobs in herndon

All you want to know is a perfect idea to start an online business. If you are looking for a simple online business then there is nothing better. Home Based Business Ideas That Are Easy to Start. By Jeff. Most home based businesses will require some sort of Internet connection. If YES, here are 40+ most profitable internet business ideas & opportunities for. Growing an online service business is quite easy because of the ease of.

Employment. photoes-employment Our facility is always looking for warm and caring health care professionals to join our team.Employment Opportunities. Office of Juvenile Justice Job Opportunities With the new LA Careers system you can now apply online! You can also do a job .

Work from home xmas crackers

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When is Boxing Day? Why is it called Boxing Day? History of Boxing Day. St Stephen’s Day What happens on Boxing Day? Fox Hunting Hunting the Wren Father Christmas is our version of Santa Claus. He is an old jolly man with white hair, a beard and a moustache. He is dressed in a red* suit outlined in white.

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#low cost business ideas

#

Businesses You Can Start For Under $5,000

Eight years ago, Texas resident Cynthia Ivie, a 43-year-old sales rep for Newsweek. struck out for Chicago with no more than a business idea and a 1989 Toyota Corolla packed with clothes, books, a vacuum cleaner, a stereo and a cocker spaniel named Buckley. Ivie’s big moneymaking idea: organizing the apartments and offices of busy people.

Today, Ivie’s company, White Space, offers “clutter control” services to hundreds of clients across the country, many of them recently relocated by big companies like the Walt Disney Co. and Exelon. White Space now has five full-time and eight part-time employees; Ivie expects revenues to top $1 million in 2007. “I knew the business would take off if I could survive long enough,” she says. “I had a lot of gumption–and probably a little naivet that kept me going.”

Gumption, naivet and very little cash. Ivie couldn’t afford a cellphone, so she bought a pager and a voicemail system for $200–”I knew where every pay phone in Chicago was,” she claims–and scraped together another $1,000 for brochures and business cards. For six months, she slept on a futon mattress in her friend’s basement. Eventually, she moved into her own home office, outfitted with two hand-me-down computers ($107) and two desks made out of hollow-core doors laid across cheap file cabinets ($20) from Office Depot. Total startup costs: around $1,500, including gas.

There are plenty of Ivies out there. And a lot them didn’t have–or need–gobs of green to launch their businesses.

Indeed, there are myriad ways to preserve precious cash while starting and building a business. Our special report, called “Small Business On The Cheap ,” offers plenty of helpful tips–from slashing marketing costs and telecom bills to cutting health care bills and travel expenses.

Like Ivie, fledgling entrepreneurs can save a bundle by selling services rather than products. “It’s really hard to start any product-based business for under $5,000,” says Richard Stim, co-author of Whoops! I’m in Business: A Crash Course In Business Basics with Lisa Guerin. In general, he says, there is less overhead for service-based businesses, which don’t require large outlays for equipment and inventory.

The best services to choose from are those that people don’t want to do themselves. Think yard work or preparing legal documents. Educational services such as teaching yoga, ballroom dancing or how to take the SATs are attractive, too. Better, still, if you can help people avoid or solve a problem–say, by inspecting homes for water quality or environmental safety.

There are some startup costs, of course. But when it comes to service businesses, the nice thing is that many don’t require expensive technology, save for maybe a computer and an Internet connection. If you want to start a child-care facility, for instance, you’ll want to spend a few dollars on toys and perhaps some childproof locks.

In some cases, as with child-care providers or real estate agents, you may need a state license or other certifications to set up shop. Child-care licenses run up to $100, depending on the state; you’ll also have to be certified in first aid and CPR (maybe $50 all in) and you’ll need some liability insurance (say, $450 per year).

A service startup’s biggest expense is probably marketing, be it printing brochures and business cards or placing ads in local newspapers. (Check out VistaPrint, which specializes in low-volume runs for smaller shops.) Setting up a blog can be a cheap way to get your message out, and it’s a lot less expensive than maintaining a Web site.

The best–and cheapest–advertising, however, is word of mouth. Offering free initial consultation meetings is a good way to get people talking. When Ivie landed in Chicago, she sent postcards to 30 local business people, promising three hours of organization services for free. “People snapped it up, tried the services, liked them, referred me to other people and the business started to grow,” she says.

In smaller markets, getting on friendly terms with the competition also can be good for business. If one piano teacher has too many students, she might sluice the spillover to you.

Whatever you do, though, remember to be patient. “If you’re looking to get rich quick, forget about it,” says Stim. “Instead, try to make a profit, enjoy what you’re doing and make it something that can keep going and going.”



#business plan template

#

Writing your business plan. Ughhhh.

It’s definitely not the most exciting part of starting a business. In fact, if you’re like a lot of entrepreneurs, you’re probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding. Because that’s the thing–your business plan is a pretty important.

Any funder worth his or her salt wants to see it right off the bat. Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows. Recently, I shared 18 Mistakes That Kill Startups. an infographic created by Mark Vital over at Funders and Founders.

A lot of those mistakes (most of them, in fact) are the result of poor planning. Bad location, a marginal niche, having no specific user in mind, raising too much or too little money–all of these issues can be prevented or at least mitigated with good planning.

Creating your business plan is more than just getting your ideas down on paper for potential funders to see. It’s an exploratory process in which you can evaluate your options, test your assumptions about your idea, and even discover new opportunities. It might even lead you to kill off aspects of your business before investing too much time or money in them.

That doesn’t mean you have to bust out Word and start the plan from scratch. A template is great–you probably aren’t doing anything that hasn’t been done before, so it provides a proven structure for your plan. Pretty much everything on it can be customized. Check out these comprehensive business plan templates you can download for free to get you started:

1. Score’s Business Plan Template for Startups

Score is an American nonprofit dedicated to helping entrepreneurs get their companies off the ground. Its template, available as a PDF or Word download, asks a whopping 150 questions and is generic enough to customize for most types of businesses. The Refining the Plan resource that comes with it is helpful, especially if this is your first crack at writing a business plan.

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2. U.S. Small Business Administration Business Plan Engine

The SBA’s template is available to fill out online and then download as a PDF. You can go back in and edit it as needed, so don’t worry about having everything ready the first time you sit down to tackle it. Even broken into sections, it’s a long document and a bit of a slog to get through, but it produces a professional-looking and useful business plan. This is particularly helpful if your idea isn’t fully fleshed out and you know you have homework to do–it prompts you for information.

3. The $100 Startup’s One-Page Business Plan

Who said a business plan has to be a long, complicated document? Some funders are going to want to see a lot of detail, but you can provide that in appendices. The $100 Startup, the website for the best-selling book of the same name, has a ton of stripped-down resources for entrepreneurs, including this super simplified business plan template.

4. LawDepot’s WYSIWYG Business Plan Template

This one says you just have to answer a few simple questions and will be “done before you know it!” Don’t believe it. A business plan should take time and a lot of homework, but if you’ve already done that, LawDepot’s template is a decent choice. It walks you through getting started, marketing, product, competitive analysis, SWOT, and more, with a window below the input fields to show you the plan as you work away at it. You can download it free with a trial subscription, but you’ll have to remember to cancel it within the week if you don’t plan to continue using it.

5. SME Toolkit Business Plan Samples

The SME Toolkit, jointly offered by IFC and IBM, offers a simple two-page outline of what should be included in your business plan to meet the minimum requirements of funders and tax authorities (in the U.S.). It contains 10 broad sections, including market analysis, management and organization, etc. with a one-paragraph explanation of each. A second download on the same page is an Excel file to help with your financial projections.

6. Office Online Templates Galore

Of course, Microsoft offers a ton of business plan templates for Office users (you can get birthday invitations while you’re at it). If you’d rather do a business plan presentation than a Word doc, you can download one of Microsoft Office’s half a dozen or so PowerPoint templates for just that purpose. You’ll want to customize it with your company branding (you have your branding down, right?), but it’s easier than starting from a blank PPT.

7. vFinance Inc. Business Plan Template and Guide

Global financial services firm vFinance offers a basic, 30-page business plan template to download from its website–one the company says has been downloaded more than a quarter of a million times. No, it won’t be completely unique, but vFinance knows what it’s doing and the template is pretty comprehensive. VFinance is the creator of the massive Venture Capital Directory and has tailored the plan to appeal to funders. If that’s your goal, definitely check this one out.

8. Invoiceberry Templates for Word, Open Office, Excel, or PPT

U.K. online invoicing software brand Invoiceberry offers free business plan templates in .docx. odt. xlsx, and .pptx formats. Each one also contains a marketing plan and executive summary template. There’s a catch, though–the company asks you to take one of the following three actions before you can download the template: like it on Facebook, give it a +1 on Google+, or give it your email address. If you don’t mind doing that, it’s a good deal. Kudos to Invoiceberry for figuring out this effective lead-gen tactic too!

9. Santa Clara University’s My Own Business Institute Plans

Santa Clara U’s MOBI is an initiative of its Center for Entrepreneurship and Innovation at the Leavey School of Business. On the site, you can download each of the 15 business plan sections individually as Word documents, or grab all 15 together in one doc. There’s a ton of other helpful resources as well, including guidelines for evaluating your potential sites, a list of key people to review your plan, and sample financial sheets.

10. RocketLawyer’s Business Plan Templates by State

Like some of the others, you fill out RocketLawyer’s form and download the business plan when you’re done–but its template allows you to choose your state before getting started. These plans are tailored to meet your financing requirements in your state, which is a huge bonus for those seeking funding through banks. It’s also heavily geared toward financing, making it a good choice if that’s a priority for you.

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The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.



#business management degree

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What Can You Do with a Business Management Degree?

Sometimes taking care of your family means taking care of yourself. Your decision to earn your degree is as much for you as it is for them. This is why you want to choose a career that will not only support your family, but also allow you to enjoy going to work everyday.

Considering a degree in business management is a great place to start! It is understandable, though, to have questions the most obvious of them being: what can you do with a business management degree?

The answer isn t as simple as you might think. It is important to note that business management isn t only for professionals who desire to supervise a team. The education you ll receive while earning a business management degree is versatile and can prepare you for a wide variety of roles in the business world.

We used real-time job analysis software from Burning-Glass.com to examine more than 540,000 positions requiring a business management degree over the past year.* We then identified the five jobs in highest demand based on degree level.

Most common business management jobs with an associate degree

The chart above illustrates a large gap between employers desiring applicants with an associate degree and those with a bachelor s degree. The difference between the two might seem harrowing, but keep in mind that employers often list their preferred level of education in job postings. Often times they are willing to hire qualified applicants with slightly varying education levels.

Earning your associate degree in business management can take less than two years and wouldn t burden your family as much financially. Learn about the job descriptions and earning potential for positions requiring an associate degree:**

1. Sales representatives: $24,970 – $110,690/year

Sales representatives work with both a company and its potential and existing customers to promote the sale of company products. This can include working behind the scenes for small businesses as well as representing the front lines at a local.

2. Stock clerks: $17,040 – $37,540/year

A stock clerk s duties include receiving store products, maintaining and stocking merchandise displays, monitoring inventory and assisting customers in their buying experiences. Working as a stock clerk requires a healthy balance of people skills and independent productivity.

3. Administrative assistants: $20,370 – $49,370/year

Workers in this field are expected to perform routine clerical duties such as database management, updating and filing necessary paperwork, scheduling and confirming appointments with clients and directly assisting supervisors when asked.

4. Human resources specialists: $33,240 – $96,470/year

Human resources (HR) specialists are responsible for an array of tasks, including maintaining, hiring and employment records, scheduling new employee orientations and updating important HR documents such as performance evaluation forms and employee directories.

5. Bookkeeping, accounting and auditing clerks: $22,020 – $55,170/year

Workers in these realms focus on monitoring and maintaining a company s financial records. Duties typically include coding documents according to procedure, recording and summarizing numerical data on behalf of the company and reconciling any financial discrepancies found all while complying to federal, state and company policies.

Most common business management jobs with a bachelor s degree

The career opportunities are exponentially higher for those with a bachelor s degree in business management. The good news is that you can earn your bachelor’s in as little as 18 months! Here s a look at what your career options and salary ranges could look:

1. Sales representatives: $37,300 – $145,730/year

The primary responsibilities of sales representatives include identifying prospective customers based on research conducted and business-related events attended, maintaining customer records and contacting new and existing customers to both discuss and meet their business needs this can consist of everything from negotiating prices to preparing contracts.

2. Sales managers: $53,770 – $155,090/year

Sales managers are responsible for what happens behind the scenes. This includes planning, directing or coordinating the actual distribution of a product to the customer. Sales managers are also responsible for establishing sales territories, analyzing sales statistics and assisting in the training programs for new sales representatives.

3. Human resources specialists: $33,240 – $96,470/year

The general duties of an HR specialist include hiring new employees, interpreting HR policies and procedures, maintaining employment-related records and often conferring with management in both developing and implementing policies and procedures.

4. Financial analysts: $48,100 – $152,420/year

Financial analysts conduct qualitative analyses concerning a company s finances and investments. This is done by composing charts, graphs and spreadsheets; forecasting business, industry and economic conditions through analysis of financial information; determining the prices at which a company should offer its product to the public market; and recommending and preparing investment plans through use of financial analysis.

5. Management analysts: $45,200 – $145,920/year

Management analysts spend their work days gathering data concerning problems or procedures within a company. They then analyze the collected information to conclude possible solutions or alterations. New procedures are designed based on interviews conducted with employees, on-site observation and close study of company documents.

What this means for you

Exploring your options before making a final decision is important. If you still have some lingering questions about which path you should take, check out this guide to a career in business management.

If you re confident that business management is the right path for you, head over to the Rasmussen College business management degree page for more information. Better yet, if you have an associate s degree you may be able to complete your bachelor s degree for as little as $9,900. If you d like to learn more about how you can potentially save time and money while providing yourself a chance at new business opportunities visit our Flex Choice Degrees Page .

*Burning-Glass.com (Analysis of 542,738 job postings requiring business management major AND bachelor s degree OR an associate degree, June 13, 2013 June 12, 2014)

**Job descriptions and salary ranges courtesy of the Bureau of Labor Statistics. U.S. Department of Labor, Occupational Outlook Handbook, 2014-15 Edition. Salary data represents national, averaged earnings for the occupations listed and includes workers at all levels of education and experience. This data does not represent starting salaries and employment conditions in your area may vary.

External links provided on Rasmussen.edu are for reference only. Rasmussen College does not guarantee, approve, control, or specifically endorse the information or products available on websites linked to, and is not endorsed by website owners, authors and/or organizations referenced.

Jess is a Content Marketing Specialist at Collegis Education. She researches and writes student-focused content on behalf of Rasmussen College. As a trained and published poet, she loves discovering new ways to use her writing as a tool to further the education of others.

Connect with Jess Mansour Scherman

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