Home Interior Design – Connecting Little Rock

Posts Tagged ‘Internet’

Article by Harveen Singh

World has moved from barter system of past to the internet shopping at the present. People have started selling things and this becomes business. Now, these days business has moved from emeritus shops to the revolutionary internet. All of the required things right from pin to cars is available for sale on internet. Most of the things are available at internet and recently came the bathrooms accessories. Businessmen have shifted their bathroom showrooms from road to internet. This not only saves the money from the pocket of businessman but also magnetize large crowd. People sitting their home can know about latest accessories and even can buy from home.

Bathroom is very special part of the house and people mostly spends lot of dollars to build and repair them. Bathrooms are often equipped with wide range of decorative accessories.

Internet is just beautiful and now it

If you are working from home, you may or may not have an area of your home that you refer to as your office. It may be that you make your phone calls from the bedroom and complete your paperwork at the kitchen table and see customers or clients in the family room.

 

On the other hand you may have a separate room in your home which is furnished with a computer, printer, desk, comfortable office chair, phone, filing cabinets etc. from where you conduct all aspects of your business.

 

While from the point of view of maintaining an efficient office the latter option is probably preferable, many of us don’t have the luxury of an extra room that can be set aside for a home office and we end up working under circumstances much closer to those mentioned in paragraph one.

 

Regardless of how your “office” is set up at home, you may be able to deduct a portion of the operating expenses of your home and treat them as office expenses.

 

To qualify for these deductions you must use your home or portions thereof regularly and exclusively as your principal place of business for your home based business. Regular and exclusive use means that you can’t just point to a desk in the corner and call it your office.  It must be broken in by regular use. This does not mean you have to use it every day, but it must happen frequently enough to show that you are actively engaged in your home based business. 

 

If you think that the regular use of your office might be questioned, keep a log book (see Record Keeping article issued earlier in this series ) recording your home based business activities and business visitors for each day the office is used. You are not required to commandeer an entire room or a separate structure to meet the exclusive test.  A portion of a room is acceptable.

 

Whatever space you do set aside, however, must be used exclusively for your home-based business. You can set aside more than one area of your home for business.  For example, one room may be used as an office and another for meeting or entertaining clients. Your principal place of business is where: (1) you conduct the  most important activities for that home based business and (2) you spend the most time.

 

If you meet with clients or deliver goods or services to customers, your principal place of business could be where those meetings or deliveries take place. However, if your home based business has no fixed location, you may deduct expenses for a home office if you use your home to conduct substantial management activities and complete necessary paperwork.

 

You can have more than one principal place of business if  you have separate business activities. For instance, you may be employed and work in your employer’s place of business all day, then return home to run your own home based business on evenings and weekends.  Or you may own a business that operates in rented office space and also conduct a second home based business from your home.  Your home office expenses will be deductible, because your home is the principal place of operating your home based business.  It does not matter if your businesses are closely related or share the same clients, as long as different tasks are involved. Do not bring work home from your employer or another business that does not qualify for the home office deduction, or you could lose the deduction for your home based business activities.  You will fail the exclusive use test.

 

If your business is selling products, you may deduct expenses allocated to areas of your home regularly used for storing your inventory and product samples.  Your home must be the only location for the business of selling your products.  The exclusive use test does not apply to storage areas, but the space must be a specific, identifiable area. Suppose, for example, that you use a cupboard in your hall to store your inventory.  Even if you use the space to store linens as well, it will be deductible as part of your home office.

 

Deductible office expenses include a portion of the following expenses:

Rent,

real estate taxes,

mortgage interest,

utilities,

home insurance.

If clients or customers regularly visit your home, the costs of lawn care, landscaping, and driveway repairs may also be included.

Repairs to other parts of the house and family living expenses (such as food) are not deductible.

However, a pro rata share of repairs that benefit the entire home, such as roof repairs or painting the outside of the house, may be claimed.  The same is true for the business portion of the cost of installing and maintaining a home security system.

You may also include a deduction for depreciation on your home, but as this could well lead to a recapture tax upon the later sale of your home, you should obtain advice from your tax advisor before considering this.

 

The percentage of your home used for business is computed by dividing the square footage used for business by the total square footage of your home. Your home office deduction is figured by multiplying the total of your allowable household expenses by the percentage of the home being used for the home business. e.g. Total Square Footage of house is 1500 sq ft. Total Area used for business is 150 sq ft. making the percentage of the home being used for your home based business 10%. Thus 10% of total allowable household expenses can be used for home business deduction.

 

In most countries, the home business deduction cannot be used if your home based business already has a loss for the year. Neither can it be used to create a loss for the year. Usually however, any part of the deduction not used can be carried forward to future years. Verify with your Tax Advisor as these rules do differ widely between countries and also frequently change when tax authorities update legislation. If claiming the home business deduction you will need to record the following information:

Total Sq Footage of Home,

Sq Footage of Home Office Area(s),

Utility Costs,

Insurance,

Repairs & Maintenance,

Mortgage Interest,

Property Taxes,

Rent,

Although this sounds complex it is one of the most advantageous tax deductions available to home business owners and should not be overlooked. Should your home based business operate at a loss, you will probably be able to offset the loss against any other income that you have earned, thus reducing the amount of Income Taxes that you will be required to pay.

 

So now you should be able to see the very real advantage of operating a home based business.

Note: Taxation legislation differs between countries and each country may change their rules at any time. The information provided in these newsletters is accurate at time of publication. You should however seek specific information from your Tax Advisor or Taxation Department as it relates to your own situation each year that you are required to provide Income and Expense Statements.

 

Other topics in this series are as follows:

Number 1, Record Keeping,

Number 2, General Expenses,

Number 3, Purchase of Goods for Resale,

Number 5, Home Entertainment Costs,

Number 6, Motor Vehicle Expenses,

Number 7, Depreciation Costs,

Number 8, Business Meals,

Number 9, Salary Payments to Children,

Number 10, Travel Expenses,

Number 11, Demonstrators Samples & Promotional Tools,

Number 12, Gifts,

Number 13, Here Comes the Tax Man,

Number 14, Capital Items,

John Ritchie, A.I.B., A.I.C.B, F.I.C.B, email:brlynt@gmail.com

Copyright to this article belongs to John Ritchie. http://johnritchie.blogini.com. (Having Fun Making Money) Blog Site.

You may download and distribute this article freely and without restrictions. You must not, however, delete the resource box link.

Nowadays many people are making money working from home via the internet.  There are many different ways this can be done but there are also many scams out there so one must be very careful.

First let me start of with a legit no fee work from home business.  There aren’t too many of these types of home internet businesses, but this is one of the few.  It is called “Niche Marketing” among other similar names.  The basic principle is to create a website about a certain topic that has the ability to make it to the first or second page of the Google search results.  The main reason being that if you can get to the first or second page of Google then it’s highly unlikely anyone will ever find your site.

This Niche Marketing has no fee whatsoever attached to it.  That doesn’t mean however it is without costs.  You will need to buy a domain for each site you make (about $10 per year) and also have webhosting.  It is by no means a scam but of course it is by no means easy either.  You need to have some computing knowledge as you need to buy domains and create websites.  Many use WordPress which is fairly easy to use but even for an experienced computer guy setting up your first WordPress website will take some time.  Once you have done one, of course, it gets very easy.

Further you will need to do “keyword research”.  This is possibly the longest part of the job as you need to find “niches” i.e. keywords where the competition is low so that there is a good chance you will reach the first page of Google, or close to it.

Once you have found your topic then there are a couple of ways you can make money with your new website.  The most popular and perhaps easiest is with Google Adsense.  This is completely free to join and you basically give Google some space on your website and when people click on the ads you earn money.  Very easy!

You can expect to make about $1 per day with Google adsense on a niche site.  (Unless you are lucky enough to find a niche with high search traffic – very hard to find).  The idea is to have many of these websites so that you can make possible $100s per day depending on how many sites you have.  The nice thing is that once the site is set up and running it shouldn’t need any work afterwards.  So you spend a lot of time creating the sites but then you just relax forever as the sites earn money.

You can also make money through affiliate programs.  So if your site is about Pet Toys then you can find another website that sells pet toys and become an affiliate for that site making a commission off of each sale that is made from the customers you send to that site.  Therefore you can have 2 potential forms of income from the same site.

Now perhaps you aren’t very good at creating websites but you are eager to try to make money online.  The other very popular way is by joining some sort of MLM or Pyramid scheme.  Many people think that these are scams but they aren’t really.  Sure there are many that are scams, but just because some are scams doesn’t mean that all of them are.

Things to avoid are anything that sounds like “Google Cash Kit” or “Make Money With Google”, these are very scammy in that they try to sell you a kit for $2-$5 (very low price).  They make it out that this is all you pay, a small fee for the shipping but what you don’t realize is that you have just signed up for a subscription service that might cost you $50-$100 per month.  The crazy thing about this is that it’s completely legal.  The reason being that at the bottom of the page where you provide your credit card details there is some very small writing about the monthly fee.  Of course it is never mentioned anywhere else and all the sales pages make you think that it is just a cheap kit you are buying and all you have to do is pay the shipping.

Another scam to avoid is the work from home stuffing envelopes scam.  The websites promoting this supposed work from home job make it out to be that many companies are willing to pay people to handle and process their mail for them.  This is by no means true.  I should know because I used to fix the machines that are used to perform this job.  Companies like Francotyp Postalia, Pitney Bowes and Neopost all make machines that automate this process and work infinitely faster than any human can.  Further many companies offer this service in bulk (because they have these machines) and it works out to pennies a piece.  So what company in their right mind is going to pay anyone $10 or more per hour to do a job that can be done by a machine at 100 times the speed and therefore much cheaper?  

If you have seen any sites trying to promote this type of work you will notice that you will need to pay a fee in order to do the work.  This is your first alarm signal.  They say the fee is to weed out the people who aren’t serious or to purchase the names and contact details of companies who want this work done but it isn’t true.  You are just buying into a scheme whereby you try to get others to do the same and earn a commission for doing so.  The companies promoting this are not very up front about this so that’s why I would label it as a scam.  You can of course make money from promoting this, but you make your money by duping others into falling into the same trap.  Not a really nice way to make money.

Other scams should be easy to identify.  Any site that has a “guarantee” about the income you can earn is a scam as no one can ever guarantee anything.  All success is down to how much work you put in and a little bit of luck.  This is something that no one in their right mind can make a guarantee for.

Another very popular way to make money legitimately online is to join a real MLM scheme.  One of the most popular and well known schemes is GDI (Global Domains International Inc).  You basically pay $10 per month to be a member and that $10 gets you a very basic webhosting service.  Illegal MLM schemes don’t give you anything for your money (ie no product), but this is a real product.  It just so happens that most people don’t really care about or use the product.  Nevertheless it’s real and legal.  They have been going for about 10 years now and I even think they are traded publicly on the stock market (I could be wrong).  

You earn money by getting others to join, so you advertise on the internet wherever you can.  Most people use free advertising like traffic exchanges and so forth.  The commission is $1 per month per person.  But you also get the same commission if one of your referrals gets a referral.  This happens up to 5 levels down.  So, simply speaking, if you got 1 person per month, and everyone did the same, you would be earning $1000s per month after your first year.  It’s very slow going in the beginning but it picks up as you stick at it and the idea is to get the snowball rolling.  Now the goal of 1 person per month seems very easy but in reality it isn’t.  Not necessarily for you, but perhaps for others.  The numbers all seem very easy in theory, but in practice it just doesn’t happen that way.

However, if you are very skilled in sales and marketing then you will likely be successful with GDI.  They also offer a very good bonus scheme.  If you get 5 signups within a week you can earn a $100 cash bonus.  This is possibly the best bonus scheme available on the internet.

The drawbacks with GDI is that it’s been around for so long so almost everyone is in it or already has been.  The only possible or potential customers are the new people who come to the internet in search of work and haven’t heard of or tried GDI yet (like me a year ago – I am no longer a member now however).  These people can be considered “fresh fish” for GDI marketers.  The thing is there are thousands of thousands of GDI marketers online.  It’s kind of like fishing in a lake where there are thousands of people fishing at the same time.  If 1 new fish enters the lake what are the chances that you will catch it ?  So in the end I dropped out of GDI as I didn’t see a great future in it.  However, that may not be the case for you so by all means give it a try.  The most you can lose is $10 per month.  Don’t let me put you off if you were considering trying it out.  Nothing ventured nothing gained right ?

However before jumping into GDI, you might want to consider some of the new competition that has come on the scene in the last year.  One of the best, in my opinion, is Teamwork Revolution.  They are very similar to GDI in that they are $10/month and the product is again webhosting.  Their webhosting product however is far superior to GDIs.  GDI only offer 100MB of web space or 10 pages, whichever comes first.  Teamwork Revolution offer full blown cPanel webhosting service with 700MB of space and unlimited pages as well as unlimited traffic and other necessary things like MySQL Databases.  Therefore GDI can’t even hold a candle to Teamwork Revolution when it comes to product comparison.

Their compensation plan is also much better.  First of all it is a forced matrix program.  If you aren’t familiar with what a forced matrix is it basically means you have the possibility of getting spillover.  The whole point of these MLMs is to get people to join under you.  Well, if you are in a forced matrix it’s possible that you will receive spillover from your upline thereby earning commissions without even doing anything.  This isn’t only a great benefit for you, but it is also a huge selling point for future potential recruits.  Everyone loves forced matrices, so if you aren’t in one it will likely be much harder to entice people to join as there are so many forced matrices now.

As for compensation, you earn up to 6 levels down, unlike GDIs 5 levels.  Further, Teamwork Revolution give you $2 per month per person for the first 5 people which means once you have 5 people on your first line you break even, unlike GDI where you would need double that (ie 10 people) in order to break even.  Moreover, Teamwork Revolution give you $2/person per month commission for the recruits on your 4th line as well.  All in all, the commission structure is far superior to GDI’s.

The only advantage GDI have over Teamwork Revolution (and pretty much every other competitive company) is their bonus scheme.  I already said that GDI pay $100 for every 5 people sponsored within 1 week on top of the $1/person per month residual commissions.  Teamwork Revolution don’t offer this so if you think you can sponsor 5 or more people per week into GDI then GDI is definitely for you.  However, for most people, 5 people per month is hard enough never mind 5 people per week.  So for these reasons I would recommend Teamwork Revolution over GDI any day.  I hope I have given you some food for thought if you happen to have been considering GDI as a way to make money online.

Now you may be wondering if I think it’s such a great company and money making opportunity why did I leave?  The main reason is that it didn’t quite work for me personally.  I tried it out for about 5 months and I was able to personally sponsor about 10 people but the problem was is that’s where it stopped.  Those others weren’t able to replicate the process.  Possibly because they didn’t bother trying (an unfortunate drawback with forced matrices is that they attract lazy people who think they can get rich purely on spillover – impossible!) or it’s possible they did try but they just didn’t succeed.  Whatever the reasons, eventually the people I recruited dropped out after they didn’t see the expected or hoped for success.  This is a huge challenge with these monthly payment matrices.  You feel like you are constantly bailing water out of a leaking boat.  Although you have no boss or anyone telling you what to do and when to do it, you still feel under a lot of pressure to recruit quickly.  If you don’t keep the ball rolling then it’s very likely your matrix will implode as people drop out.  If you aren’t able to keep recruiting new people and providing spillover then people drop out, which in turn causes others to drop out as they see their own downline dropping out.  So for this reason I decided to give up all together on the monthly payment matrices.  I don’t like working hard to build a business only to see it collapse.  It feels like you are building a house on water.  I prefer to build on concrete (so to speak).

Where I have had most of my success and profit is with 1 time payment matrices.  These are great and also have excellent potential.  You can make just as much money with these MLM programs and possibly even more.  What I like about them is you only ever make 1 payment so your risk is limited entirely to that 1 payment as apposed to monthly payment matrices where your risk is dependant upon how long you stay in the program.  Further, with 1 time payment matrices if you decide to take a months holiday there is no risk.  People don’t drop out of 1 time payment MLMs.  If you stop marketing for a while, there’s no leaky boat feeling.  Theses MLMs never implode or go backwards, this is like building on top of concrete.

One of the successful programs I tried was 4×1 Fortune.  It is only $11 to join and it is a “Cycler Matrix”.  What that means is you need to “cycle” before you make any commissions.  Once you make 6 sales you will cycle and earn $30.  So you nearly triple your money after only 6 sales which is pretty good.  If you make 5 sales you earn nothing.  The commission doesn’t happen until the 6th person.  It is also a forced matrix so you will possibly get spillover or spillunder once in a while but I always stress this should never be relied upon.  If you do this you won’t get anywhere.  Although it’s possible to get spillovers I recommend just carrying on as if this didn’t happen that way when it does it’s just a nice bonus.  The “product” in this case is just some e-books and videos and stuff to help you with online marketing.  Most people don’t care about the product, they just want the chance to make some money.  So if you are looking for a simple program with low risk and one that actually works and pays, then 4×1 fortune is definitely one to consider.

If for some reason you don’t want to risk $11, or you want to try something that is even easier, then I recommend Work for $3 (WF3D).  This is only $3 to join as the name implies (well there is a $0.40 alertpay fee).  This is basically a mailing list builder.  This is a highly useful tool especially for online marketers.  As you recruit others to join this list you earn a little bit of money.  It is by no means a lot of money but it has the potential to turn into millions.  For example, if you recruited just 3 people in your first month and then never recruited again ie retired, and everyone else did the same thing, then in your 11th month you would earn almost $18,000.  It seems crazy but it’s a fact.  Only 3 people in the first month seems easy, especially considering I recruited about 30 people in my first month.  However, I am in my 7th month or so and the reality is that other people are not able to recreate the same success I had.  In fact there are many who after 7 months haven’t recruited a single person.  Possibly because they haven’t tried or perhaps they have tried and failed, and then there are others who consistently get signups every week which is contributing to the growth of my downline.  I have personally now recruited about 100 people, but my downline is about 500 because some of the 100 that I recruited have become successful recruiters themselves.  It’s all about what you put into it.

So if you are looking for a really easy program with the potential to turn into decent residual income then give Work for $3 (WF3D) a try.  The worse case scenario is that you lose $3.40 right ?  But the best case scenario is you will have a residual income for years to come like I am enjoying right now.  Even after 7 months I am only seeing about $10/month in residual commissions, but it’s still free money and I’m not really trying hard at it anymore.  Further, it definitely has the potential to grow into a lot more than that.

So there you have it.  There are many ways to make money online via the internet.  Above are just some online opportunities that exist.  I hope my experiences and reviews will help you to make your decision as to which online business opportunity you will try out.  If you try any of my recommended programs I would love to hear about your experiences good or bad.  We can all learn from each other.

Owning, running and maintaining an home based internet business or a site needs articles. Plain and simple, every who has a site knows this. Even those who don’t have sites but are frequent internet users knows this as well. Articles quench the thirst for information and knowledge of the people. Plus, the articles provides many other benefits for the site.

The benefits that articles provide are putting a site high in the ranking in search results of keywords and keyword phrases that pertains or are relevant to his or her site. They also provide attraction to website visitors when they are appreciated and is linked to your site from another site or newsletter. Articles provide for the increase of the confidence and trust levels of customers to your site and company.

Many articles are also beneficial to both company and its traffic. When the readers like the articles, they would tell more of their friends, family and peers and recommend your site to them, providing for a larger volume of traffic. You get bigger sales if your traffic trusts and believes in you. Your product or services would be much easier to sell when they know you know what you are doing and talking about.

We have established that articles are very important to a site and to business. Articles are crucial and to keep ahead in the game, a site must have an article, it is imperative. There is one dilemma though, not many people like writing articles.

Many website owners would rather spend their time on something else, and unless you’re a big time company, you don’t have the necessary resources to use on a pool of article writers. Plagiarism or copying of other articles is frowned upon and could easily get you into trouble, worst case scenario; a hefty fine and jail time.

So what are the other options?

Well, for starters if you hate writing articles and you can’t afford to hire people to write for you then don’t. Get free articles. The first place to look at for free articles is the public domain. Here you won’t have problems with copyright infringement and the following penalties and fines if you get caught for plagiarism.

Public domain articles are articles freely given to the public for public use. You can do whatever you want with it. You can place it on your site, name it as yours, put it in a newsletter its you decision. Always remember though that you will have to choose articles that is very relevant to your site.

The downside to public domain articles is that since it is free for everybody, many of your competitors may have access to them as well. Since every site needs to be original and unique even though you have the same niche, this could be a predicament. You may also have to edit them a bit to place more keywords and keyword phrases to make them better.

Another way to get free articles is to allow other sites which has the same subject or topic as yours to submit articles to your site.

This would be only to augment your existing content or else all your articles would be leading to other sites since these articles would have resource boxes with them that could link or direct the readers to their site. That’s why it is important to have your own articles; you cold use them to link your site to other sites as well.

But, to truly feel the impact of what a good article to you, go for original ones. There are many article writers who do part time and freelance article writing jobs that charges only minimal fees. You can get good articles that have all the keywords and keyword phrases you need and people are looking for.

The investment you made for these articles would be worthwhile because you could use them for all the benefits you could offer.

You hold copyrights to them and you will be able to use them anyway you want. As your articles help you in building your business and your site, you will have more articles to write and maybe then you wont be having second thoughts about articles.

Make your promotional materials interesting and fun will help your home based internet business. Try to use a little creativity but not too over artsy. Build around what your product or service is about. For example; if you are selling car parts, put some pictures of what is new in the auto parts world, a new wing door possibly that can fit any car and make it look like a Lamborghini.

Try to research what people are looking for, these way, you stay one step ahead of them all the time and you will be their bearer of new tidings. They will be eager to receive what you are sending them because they new you always have fresh and new things to share with them.

Write good articles that can be very informational but light at the same time. If your subscribers enjoy your articles, they will go to your site by clicking the links that you will be putting on your newsletter to read some more. You can provide articles that can connect to many people. Be diverse in your articles. Put something humorous, then put something informational, then put

something that has both.

Are you wary about this because you don’t like writing? No problem, there are many professional and experienced article writers that can do the job for you for minimal fees. They know what they are doing and can provide the need that you have for your newsletters, the money that you pay for your articles are going to be met by the many sign-ups and the potential profit from the sales that you will get.

Create and send an E-book to your customers about anything that is related to your business or site. Use your knowledge and expertise in the field you have chosen to help other people who are similarly interested. Offer this e-book for free. You can write about anything informational and helpful to your subscribers. For example; you can do manuals and guides in so many things. This e-book could be used as a reference for many people. A good example of this is the New ebook just launched called the Wealth Magnet System Success Guide. The link to the guide is in the resource box below.

Share this e-book with everyone, even other sites; just make sure that they don’t change the links in the e-book that will lead people to your site. If you want, you can always get some people to write it for you just like your articles. Your investment once again will be covered by the great marketing this will generate.

Add e-coupons in your newsletters that will help them avail to special discounts. Put a control number in your e-coupon so that they can only be used once. When people get discounts that can be found in your newsletters, they will be eager to receive your newsletter in anticipation of what you are promoting next.

If your subscribers can get benefits from your newsletters, they will be very eager to receive them. Just don’t flood your mailing list with mails so that you don’t annoy your subscribers.

In order for your website to get a good search engine ranking you need to have people linking to you. There are several ways to do this that I will explain and this will help your home based internet business thrive with hits and sales

1. One of the best ways to raise your ranking by the search engines is by offering content that people need and they will naturally link to your site because of the information you have provided. Most people are looking for information, tips, and tricks that they can use. For example this article, if you did not already know, this article will give you ideas on how to increase your rankings and get more traffic to your home based internet business site.

2. Next big tip is to write articles about your topic of interest. People like new information so do search engines. Include a link to your site in every article you write. Not only is this an inbound link it will help raise your ranking. There are several places to submit articles to on the web. Do a google search and you will find several. Some of the most popular include this site. plus Hello article and Article Dashboard. Make sure you include a link to your site at the bottom of each article you submit. Then for the anchor words, use your keywords that you are trying to get a good ranking for. Example would be: “Profitable Home Based Internet Business”.

3. Exchange links with other site owners or sign up at a reputable link exchange company – try and find sites with relevant information to your site, for example “profitable home based internet business”. Whatever you do, DO NOT join a link farm. The search engines will penalize you for this.

4. Research your competitors links. Find sites like yours and see what sites link to them . For example if your keyword is “profitable home based internet business” you might want to go to google.com and type in that keyword. When the results come up check out which sites are like yours. You can go to google research and find what links to the url you are interested in.

5. Internal Linking strategy will also help you. Search engines like internal linking. For example if you have a five page website pages, you should have links to each page. In addition, if you have more than one website you should definitely link to them on each page.