In today’s uncertain economic climate, a growing number of people are looking to establish home businesses in lieu of looking for traditional employment under an already established but highly unstable business. Establishing your own home based business or start up is a relatively simple task; all that will be require of a potential entrepreneur is a solid, well thought out business idea and great care taken when executing the idea.The economic market is in a highly erratic position which leads those looking for a stable source of income to pursue self employment because it is a great way to avert a number of potential pit falls that today’s economy is littered with. Starting one’s own home based business also affords the owner absolute freedom to make their own executive decisions as to the well being of the business.Establishing your own home based business is a relatively simple process. The most important element to setting up a home based business is a solid and well constructed business model. Having a great business plan and effective form of executing your idea’s will benefit you in the long run. When working from home, you will mostly likely have a separate room or study which will be used as a dedicated home office; here you can effectively run your business at your own pace.It is easier to work at a pace you are comfortable with because it is your business; you are afforded a level of freedom you would not usually have in a traditional business. You are your own boss and you can run your business the way you see fit; there is no supervisor to report to, no strict work policies and absurd work hours. This new found freedom will significantly reduce your stress levels, while personally improving your skills as a leader and professional entrepreneur.Operating a home based business will effectively help you to grow as a professional, all while increasing your productivity. The time you spend working is directly proportionate to the money you will make in your home based business; this leads you to be more practical with time management and to utilize your skills and assets effectively. When working for yourself, you are not boxed in to one particular job with limited opportunities to branch out; in your own business, you are the CEO, marketer, accountant and secretary. You have a wide array of experiences.With the freedom that a Home Based Business allows, it is no surprise that people continue to establish their own businesses. The era of home based business start ups is only beginning.
Mothers Opting for Home Based Business
There is a significant increase in the number of mothers opting to have a home based business. This growing trend gives mothers an opportunity to manage their own time and allows flexibility in handling the demands in her family, children and other household obligations.Imagine a mother like anyone else has only 24 hours to juggle various tasks at the home plus her 9-5 office work, community, friends and a lot more. Apart from this, she has a husband and a personal life to pursue.And with a mother’s desire to spend more time with her kids, keeping a 9-5 full time job becomes a hurdle as it already stashes away half of her day. Hence, setting up a home based business becomes an alternative solution.Freeing yourself from a full time job means you will be able to support your son in his baseball game or your daughter’s first piano recital. Your children can count on your presence with confidence that you will be around until the program ends. No rush.Not slaving yourself from a 9-5 day time job leads to more quality time with your children, having energy to follow-up their school homework and more moments to waste time with them.Keeping a home based business is akin to continuing your 9-5 full time job except that you report to no one but to yourself. So mothers, who are ex-corporate lawyer, ex-sales executive and so on, can continue to exercise their expertise by starting a home based business on their knowledge and skill. Your skill from your previous job can be turned into an opportunity. Your services can be outsourced by any private firms or perhaps your previous employer or clients.Another factor that motivates mother to start their home based business is the financial freedom and security from the income generated. An income no matter how minimal is still an income which can augment your family’s financial resources.And with the advent of internet, the opportunity for home based business is vast. It’s your window to the world of opportunities.However, you need also to be realistic in being a home based entrepreneur. Be aware also of the possible investments you will be taking – time, money, skills, etc. Know your strength and weaknesses in your chosen home based business venture.Like any other business it entails hard work, planning and perseverance before your business will take off from the ground. Any successful business ventures didn’t come overnight. You have to toil the groundwork maybe weeks, months or years.In the end of the day, it is all about your choice and the reasons behind your choice for opting to a home based business
How to Find Great Live Auctions for Resale Items
Hi, my name is Walt. I’m an auctioneer with 25 years of experience in the auction business and licensed in the state of MA. I own Quick Auction Service, a company that specializes in building and running custom auctions, I’m also the webmaster of my own site and have been on eBay for 8 years. Besides eBay, the types of auctions I run most frequently are antiques and on-site estate auctions, although I’ve run everything from business overstock auctions to charity & special event auctions.
I enjoy sharing my knowledge and stories of the auction business. My goal for article is to help folks get the absolute most out of their auction experience.
Whether your fresh out of the package or a seasoned dealer I think I can offer something in this article to help you with your auciton adventures.
There may be as many reasons to attend auctions as there are types of auctions to attend. Maybe you want to attend an auction to buy items for re-sale on eBay, or some other market. Maybe you want to furnish your home with wonderful antiques, or you want to furnish your home as inexpensively without sacrificing quality.Some folks are just looking for a fun night out. With a little perseverance all these things are possible.
There are antiques and estate auctions, auto auctions, overstock auctions, absolute and no reserve auctions, real estate auctions, specialty auctions where only one genre of items are sold, tailgate auctions, live auctions, online auctions, sealed bid auctions, silent auctions, charity and fund raising auctions and many more.
Can you really buy for pennies on the dollar at an auction? You bet! Many times I’ve seen folks buy and re-sell at the same auction on the same night for a good profit, although be advised, this should only be done after the auction is over.
There are a lot of ways to find an auction, but here are some tips on how to find and attend the best ones.
Visit the genre of shops in the area that apply to the type of auction you want to attend. IE: If your looking for a good antique auction to attend, stop in the local antiques shops and ask for what there are for good auctions in the area. Sounds obvious right? But listen to what they don’t say as well as what they do say. Oftentimes when a dealer speaks poorly about an auction he or she attends, it may be likely that they are trying to keep a good thing secret. Think for a moment, why would a dealer keep attending a lousy auction?
Newspaper ads: I personally like to find ads in the classified ad section rather than flashy display ads. Flashy ads are usually indicative of an auction that will be high priced, may have reserves, (a set price on an item), and usually an enormous crowd. While any auction can be profitable to attend, it is usually best to steer clear of the glitzy ones, at least for the beginner.
Here’s the minimum you want to find out before you go. If there is a phone number in the ad, call and ask for the terms of the sale. What forms of payment do they accept? Is it an absolute auction? An absolute auction is one that has no minimum or reserve bids on items. These are the best auctions to attend! Is there a buyers premium? A buyers premium is like a tax that everyone who makes purchases at that auction must pay above the winning bid price. Most auctions these days do charge a buyers premium, 10% is not unreasonable but I feel much more than that is greedy, and the auctioneer that charges over 10% is counting on most bidders not doing the extra math as the bids quicken in pace.
A fair auction will have ample time to inspect the merchandise, usually at least 2 or 3 hours. Find out when inspection starts and make sure to attend! Never attend an auction if you can’t make the inspection, not unless your prepared to gamble. Most auctioneers sell at a rate of about 100 items per hour, which is why they sell “as is”. They simply don’t have the time to give a detailed description of all the items. Since almost all items at auction are sold AS IS, there are sure to be some damaged, refinished, fake and incomplete items at any given auction. Beware of any auctions that offer very little or no inspection time.
Good auctions will usually have 150 to 400 lots. A lot may be one item or a group of items. The exception to this are specialty auctions, auto auctions, real estate auctions etc.
When you attend your first sale, take note of the 1/2 dozen or so dealers that buy the most often. See if you can find out about other area auctions they attend.
When you do find an excellent auction, attend it as often as possible. By frequenting good sales, you help increase the bottom line of that business. It’s difficult for many auctioneers to keep the quality of merchandise consistent, so good attendance certainly helps. And when an auctioneer gets to know you as a buyer, he/she will go out of the way to accommodate you, to keep you coming back.