Are you anxious to get started in the home based business industry? Of course you are! Well just because you hear great things about how quick and easy it is to make a buck in your own home based business it is not. The truth is that it will not work out that way for a lot of people. You have to stay focused on your goal and have the drive to achieve no matter what you do.First you must work on your mindset in order to get yourself prepared for the ups and downs that will come in a home based business. Everyone struggles and you too will reach a point that you will want to quit your home based business. Having a good mindset will help you overcome the ups and downs.Now that you have the mindset to accomplish your goals you will have to strive to do better and better. Next you will have to find a way to promote your home based business. Some people believe that all you have to do is start it and then do nothing but talk to people and mention your home business.What I have found to be a great way to promote your business is to use article marketing as your primary and even make it your own way of promotion. It is awesome to come up with new fresh content in the forms of articles that promote your business to people on the internet. That is why the internet is such a powerful way to promote yourself and your business. If you use these methods it will take some time to learn but it will cost you absolutely nothing. Once you begin I guarantee you will get addicted to writing articles.
Considerable Factors Involved in Product Creation & Marketing
The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.
Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.
The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.
It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.
Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.
The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.
People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.
How to Succeed at Getting an Investment Green Card in America
The U.S. Investor Visa program, also called “EB-5″, is a popular federal program with two goals: first – stimulate U.S. economy through capital investment and job creation, second – enable foreign investors to obtain their permanent resident visas (“Green Cards”) through such investment. Any investment under the EB-5 program could therefore only be successful if it keeps these two goals in mind. An uninformed investment, which centers only on the amount of investment, and not the end result of creating jobs through a successful enterprise, is far less likely to result in a Green Card.
In other words, an EB-5 investor must make thorough due diligence to ensure that his or her investment is a “good investment”. Only then is such an investment more likely to fulfill the rigorous requirements of an EB-5 program. The first step to success in ensuring this is understanding the two different ways to make this investment: investment through a “Regional Center” (hereafter “RC”) and investment through a “traditional” EB-5 program (without a RC).
Investment Using a RC
In 1992, the U.S. Government created the Immigrant Investor Pilot Program which provides for economic units known as “Regional Center(s).” These centers are private entities which submit economic growth proposal to the U.S. Citizenship and Immigration Services. They explain to the USCIS the mechanism of how their center will have a positive impact on the job market in the geographic region of the center. This allows the foreign investor to piggyback on the RC’s explanation and the economic proposal. The Center then seeks funding from numerous foreign investors, compiling each of their investment to create a more successful economic strategy than the one in which an individual investor attempts to fulfill different job creation requirements.
Nevertheless, foreign investors are wary of these centers because the investor does not have a control over their money once they invest through a RC. This is a legitimate fear. However, the advantages in an investment through a Regional Center far outweigh its risks. It is imperative that an EB-5 investor understands these risks before ruling out a Regional Center route to EB-5 Green Card.
The first advantage is benefiting from an expansive definition of “creating jobs” in an investment through a Regional Center. An EB-5 investment must create or preserve at least 10 full-time jobs for qualifying U.S. workers within two years (or in some other cases within a reasonable time after these two years) of the investor’s admission to the U.S. as a Conditional Permanent Resident. Usually, these jobs must be direct, that is, these must be identifiable jobs located within the commercial enterprise into which the investor directly invested his or her capital. However, unlike the traditional EB-5 route, an EB-5 Regional Center investor can also take advantage of the indirect jobs that will be created in the geographic region as a result of his or her investment. Indirect jobs are defined as jobs created collaterally or as a result of the capital investment in a commercial enterprise affiliated with a regional center by an EB-5 investor.
Secondly, an “approved” RC has a stamp of approval from the US government that the center’s business plans are likely feasible and will directly or indirectly lead to job creation. Although such designation does not mean that an investment in those centers is backed by the government, it is easier to convince USCIS that the investment will lead to its proposed goal of job creation if the RC is approved.
Investment through a Traditional EB-5 Program – Without a Regional Center
Investment in a traditional EB-5 program is generally trickier and more complex than an investment through RC. Here, the investor must come up with the entire business plan of how he or she will generate the requisite number of jobs. The complexity is brought about by the numerous USCIS requirements for such a business plan.
Firstly, the capital requirement for an EB-5 Green Card is a usually minimum of $1 million. The exception is that such investment may be $500,000 if the investment is in a targeted employment area (TEA), that is, an area of high unemployment or a rural area. Individual investors often find it hard to explain that the area they are investing in is indeed a rural area or an area of high unemployment. Therefore, they often end up investing the higher amount – $1 million for their green card. On the other hand, most of the approved RCs are approved as TEA investments, and thus qualify for the reduced $500,000 requirement.
Secondly, all EB-5 investors must invest in a “new commercial enterprise”, that is, a commercial enterprise established after November 29, 1990, or established on or before November 29, 1990, that is either purchased and the existing business is restructured in a way to result a new commercial enterprise or it is expanded through an investment so that there is a 40 percent increase in the net worth or number of employees. While the definition of a commercial enterprise is broad, many investors do not have the requisite technical or managerial skills required for such businesses, and resultant, their investment is not very successful. Good RCs, on the other hand, have tremendous technical, engineering and managerial expertise at their disposal which allows them to run create new commercial enterprises without much of a difficulty. Consequently, with a Regional Center EB-5, the foreign national does not have to be tied with the new commercial enterprise. He or she can live, work, or travel far more easily than someone who has to continuously manage and control the EB-5 business to fulfill USCIS requirements.
Conclusion
As explained above, the standards for individual EB-5 petitions are very restrictive, and therefore, Regional Center EB-5 petitions now amount to more than ninety percent of all EB-5 petitions filed. At the same time, there are more than five hundred Regional Centers approved by USCIS. The benefits of a Regional Center EB-5 do not in any way imply that investing in any Regional Center is always a better strategy for a successful U.S. Green Card. Only a handful of Regional Centers have an established track record of returning positive investments. The investor must conduct a thorough due diligence of different Regional Centers and decide which one to use only after consulting various experts in this field.