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How To Invest In Passive Real Estate

By Author: David Gass
Article: If you do not want to deal with the hassle of active real estate investments, don’t worry. You can still stay in the real estate industry, as there are various passive ways to earn huge profits. All you need to do is follow a proper strategy and money will keep coming to you. In fact, real estate investments consist of tremendous possibilities, and anybody who is knowledgeable, can make massive income without any hassle.

Liability Up To The Amount Of Your Investment
Investing in limited partnerships is one of the best and safest ways to build huge passive income. In limited partnerships, you just have to make a partial investment for the property and you only have the liability up to the amount of your investment, but you can benefit from the appreciation and the tax deductions for the total value of the property. Moreover, if you have the ability and time to do a project, you can make much larger passive income. All you need to do is, buy, build, or rehabilitate rental housing projects. Do not worry about the investment. You can easily raise capital, as you have the opportunity to use other people’s money. If you do so, it can really work wonders for you, because you have a limited liability, but unlimited scope for a share in the profits. Moreover, unlike corporations, your profits are taxed just once.

Investing In Commercial Triple-Net Lease Properties
When it comes to passive real estate investments, investing in commercial triple-net lease properties can also be an ideal choice. It yields an excellent profit and you can enjoy some great benefits from such investments. Just have a look at a few of the advantages. Almost no risk, no management hassles, and significant monthly income from the lease payments are a few of the reasons to invest in triple-net lease properties. Investing in commercial triple-net lease properties is quite different from owning duplexes, apartments, land, or office buildings. It is a complete headache free investment. Collecting the rents, refurbishing the premises, paying the property taxes, insurance premiums, maintenance, accounting, legal, and other operating expenses are all taken care of. The triple-net long-term lease agreement works in such a way that your tenants perform all these functions for you. Another great benefit is that unlike other renters, your tenants do not abuse the property. Rather, they do everything they can to make the location attractive to customers.

You can generate massive passive income without going through any of the hassles of management work and with little or no risk at all. Syndication Source: ArticleMind.com David Gass is President of Business Credit Services, Inc. His company publishes a free weekly e-newsletter on Small Business Consulting at their web site http://www.smallbusinessconsulting.com

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By Wealth Method – March 24, 2011

Distractions a Problem? Successful Entrepreneur Shares Ten Easy Solutions

By Author: Kendall SummerHawk
Article: “Kendall, how DO you get it all done?” I hear this question all the time. “What’s the big deal?” I asked as I initially shrugged off the question. But over time, I’ve come to understand that how I run my business is very different than how a lot of people run theirs.

So I sat down one day and quickly listed all the little habits, behaviors and strategies I use on a daily basis. When I looked at the list of the small practices, I realized that wrapped together, it was a big deal! The daily actions I was taking for granted were the very things many business owners were overlooking.

As I began to share these habits with my Brand Authenticity business coaching members, they also started seeing powerful results. My success coaching clients found that they were more creative, made more profitable decisions and stayed calmer. By implementing these habits, they now have more energy to focus on achieving their high-payoff goals.

So here are ten easy solutions to avoiding distractions. These strategies gained from years of business coaching experience will keep you focused on your high-payoff activities.

* Every day, make a list of your high-payoff actions, prioritize the list, and then work the list IN ORDER.

* Answer the phone only once or twice a day. (I know this sounds radical, but trust me! Successful entrepreneurs thank me when they see how much they can get done when they ignore the phone.)

* Batch emails and phone calls. (Yes, even from your team.) Batching might well be the “Ninth Wonder of the World”! My success coaching team sends me a “batch” (think “grouping of questions” here) only on Tuesdays and Thursdays.

* Commit to taking one marketing action each day.

* Do the big stuff first. (The little stuff will somehow fit in.)

* Make time for you first thing in the morning. For me, I take time with my horses. Because this allows me less time to work, it demands that I be more productive during my working hours!

* Don’t look at anything that pulls your energy down. (Be ruthless about this!) For example, I choose not to view the “unsubscribe” emails from my website. I avoid anything that is negative. A successful entrepreneur doesn’t waste time complaining or whining about things like the dry cleaner, the rude driver or the line at the grocery store. Complaining is a huge time waster!

* When there is a problem, focus on a positive solution instead of wasting time churning on how ridiculous or unfair the situation may be. This practice alone has saved me hours every week. And it’s helped me stay positive, upbeat and happy while I work. Sound silly? Perhaps, but happy people get more done!

* Hire out house cleaning, grocery shopping and errands. This costs very little (you can hire a high school student or retired person.) The hours and energy that you save can be used to focus on the things you love and the activities that make you money.

* Set bold, outrageous income goals. Creating a “Bold Money Goal” will shift your focus from what is demanding your attention to that which really pays off. As a success coach, I have seen many clients change their lives by implementing this practice.

Well, the business coach in me asks for one commitment from you: pick one solution from the list and implement it immediately. Then, next week, choose a new item. In as little as ten weeks you will set new habits that keep you focused on achieving your vision of a “money-AND-soul” based business. You are now on your way to becoming a more successful entrepreneur! Syndication Source: ArticleMind.com Business coach Kendall SummerHawk, the “Horse Whisperer for Business” delivers savvy ways for entrepreneurs to turn hectic businesses into 6-figure successes. Get her “7 Quick and Simple Tips to Brand, Package and Price for More Money, Time and Freedom” at http://www.kendallsummerhawk.com.

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By Wealth Method – March 24, 2011

Joint Venture Marketing: A Subset of Relationship Marketing

By Author: Christian Fea
Article: Joint venture marketing is a rapidly growing arm of relationship marketing, and a highly effective one. Relationship marketing holds as its central tenant the importance of building strong, solid and long lasting relationships with your customers and clients.
Joint venture marketing exists under the umbrella of relationship marketing precisely because it is still ultimately concerned with stalwart customer relationships.

When implementing a traditional relationship marketing platform, your company will work directly with a client to forge a relationship and will usually handle all of the customer service itself. With a joint venture marketing partnership, there are many ways to structure your deal, but one of the main advantages can be that some of the customer service piece of the maintenance of your business is shared among your partners.

This also means that you take on an additional commitment to the customer service of your partners, but this also creates a win-win situation, because ultimately you are sharing customers and both gaining new and loyal customers through your joint venture marketing partnerships.

Joint Venture Marketing: Also a Relationship

This may seem obvious, but it is still worth pointing out: a joint venture marketing partnership involves embarking on a new relationship with your partners. This is another way that joint venture marketing falls under the umbrella of relationship marketing.

Through your joint venture marketing partnerships, you have the potential to develop a tremendous rapport with your partners, and these strong business relationships have the potential to increase your sales and profits almost as much as the business agreements that you come to through these partnerships.

It is human nature that we tend to assist people that we like, or feel some connection to or affinity for. It is no different in the business world. As people work more and many jobs become virtual, the lines of business lives and personal lives are becoming increasingly blurred. So what starts out as a business relationship often grows over time, sometimes developing into a personal relationship. Even if your business relationships don’t turn personal, developing a strong rapport with your partners is a great way to increase your business.

If you have an equally good product, company and customer service in the same industry as one of your partner’s other colleagues, but you have a stronger rapport with the mutual partner, then he or she is much more likely to recommend and suggest your business and products to its clients than the third party, with whom he may not have as close a relationship. Again, this is human nature – all things being equal, we give preference to people that we like.

It may sound calculating to intentionally go after developing a bond with your joint venture marketing partners, but it doesn’t need to sound so seedy and manipulative. You are not going to hit it off with everyone – this is natural and cannot be forced. But sometimes just a few extra minutes of conversation, or steering the conversation towards personal subjects, taking the time to find out about your partners on a personal level can open up beneficial avenues for your business.

Again, it is about being interested in and caring about people enough to get to know more about your partners, not using them! Putting a relationship at the central focus of your business holds true for customers, as well as your joint venture marketing partners. Syndication Source: ArticleMind.com Christian Fea is CEO of Synertegic, Inc. A Joint Venture Marketing &
Consulting firm empowering business owners to discover and implement
profitable Joint Venture marketing tactics to solve specific business
challenges.

http://www.christianfea.com

christian@synertegic.com

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By Wealth Method – March 24, 2011

Getting Nowhere Trying to Build Your Home Based Business Online

By Author: Dan Lambeth
Article:
It may sound like a weird title but believe me your success depends on you figuring out the relevance. Making a “warm list” and inviting them to a home presentation or to a hotel meeting is the first offline strategy most people learn. This limited personal contact list will run out quickly.

So, the next step quite predictably would be to go online and buy leads from a lead generation site or a genealogy list which is a list of marketers from a failed network marketing company. There is a multitude of problems with these options.

The leads you can buy online have been sold no telling how many times before, guaranteed. They were never your leads either since they didn’t answer your ads or find your site while doing a search. That means they don’t know you.

Then the genealogy list may be a list of marketers who are open to the concept but there is no way to know how long ago they signed up. These lists are from defunct companies but there may be people on the list who signed up years ago and never made any money in the business. Since they could be years old there will be lots of phone numbers and addresses that are no good any more. There could be as many as 80% of the contacts that are no good.

Even if you do get some good contact information on either of those lists the people on them may already be involved in something else and not knowing them it would be more like cold calling than anything else.

There is a critical shift in your prospects interest when it comes to the difference in leads you generate by positioning yourself where those who are searching can find you and cold calling uninterested strangers or even friends and relatives. If you are using the principles of attraction marketing where people who want what you have can find you and ask you to help them it really leverages your time because you never have to talk to an uninterested prospect again.

If you are chasing friends and relatives about your opportunity they mat think of you as a pest but if someone who is searching for what you have, finds you first, they will consider you an expert or a leader.

If you try your untrained offline strategies online, I promise you, it will not work. Going to the social sites and making contacts and sending messages with article to your company site is the same as offline methods because those people do not care about your product or opportunity or comp plan. They already have on of their own and these methods are just like the 3 foot rule in that the prospects have to be chased down and convinced.

These people did not ask for what you have first so they really have no interest and in fact are turned off by your “selling” to them. You have to build relationships and, as with other attraction marketing principles, you have to wait until they ask you what you do or what company you are with. You get them to ask by building relationships and helping them solve their problems.

People are more likely to buy things and do business with those they like and trust. If you provide solutions for their problems they will like you. It will work the same with your team members. Help them build their business by showing them what works for you and that will help them succeed which will make your business stronger.

Get in the habit of helping everyone you come in contact with and you are on the way to being the leader you will have to be to succeed in this industry. Become a leader that YOU would hire and others will want to join you.

Syndication Source: ArticleMind.com Dan Lambeth Learn how to Conquer the Internet at
Sponsor Reps Online
and you will be able to set up your own attraction marketing system. Or you can read more about the system at my blog and get my newsletter which come with free marketing training.

Posted in Network Marketing.

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By Wealth Method – March 24, 2011

How To Avoid Recruiting The Wrong Person For Network Marketing

By Author: Cindy Heller
Article: Network marketing is a people business. The quality of the people will either make or break your business. Your business can be “killed” with the wrong type of people and there are three different types of people to avoid when recruiting people for your network marketing business. They are “The Snake”, “The Sweet-Talker” and “The Sloth.”

The biggest poison in the network marketing world is the snake. They will do whatever it takes to recruit people and will even succumb to unethical means to get them. High pressure hard selling, friendship blackmail and line pinching are some of the means the snake uses to get people to join them. Especially must you be careful when they are talking to your prospects. These snakes are friendly and helpful and will welcome them to the team. Before you know it, your prospects become their downline. Even your own downlines are not immune to their wiles and the snakes will entice them to other MLM’s in which they are already a part of.

Crowd pleasers are the sweet talkers. And that is all they do. Talk and no action. They are sincere people, and are one with the team but they give all kinds of excuses to justify their results. All your attention is given to them and yet they are not investing time to grow their own organization with their own downlines. Too much sweet talkin’ can produce a sick company and one that eventually may not succeed, especially if the person does not produce a viable means of income.

Then comes the sloth who literally do nothing. They join the MLM companies in which they are purchasing hope and not a business. All their network building is expected to be done by the uplines for they will not see the people. Oh…they may attend the rallies, home parties and meetings. And they may read all the books and listen to the tapes on network marketing but they basically are a lazy lot. Their upline is expected to do everything.

Unsavory people are found everywhere including the world of network marketing. Whether they produce venom or are sickenly sweet or plain do nothing, these individuals do not belong in a respectable community such as network marketing. Learning how to recognize such people and learning how to avoid recruiting them will guarantee time vested in the right people for the right job and thereby a profitable business. Syndication Source: ArticleMind.com Cindy Heller has helped thousands of “lost” marketers in creating a passive income online. Learn how she did it from this free online guide: Passive Income Blueprint.

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By Wealth Method – March 24, 2011

Network Marketing Alert! Help And Tips

By Author: Mike McCoy
Article: Protect your home business by choosing the right company to represent. There is too much of your time, money, and emotional energy at stake to casually join a network marketing company without thoroughly investigating it.

Watch out for: Exaggerated income claims that appeal to greed, without a sustainable source for the income, other than fees paid by new recruits. Emphasis on shifting money from person to person, without having a product or service change hands. A compensation plan that funnels money to the top brass, rather than distributing it to the associates who make the sales.

Analyze the management. Be suspicious of company leaders whose whole focus is making money, with no regard for helping others. A new, untried company with no track record is no place to risk your business success.

A company that is growing too fast may not be financially stable and possibly has a heavy debt load. An older company whose growth momentum has tapered off may have saturated its market, making it difficult to find new customers.

Avoid a company that requires you to stock, invoice, and deliver products purchased by your customers. This is too time consuming and expensive for you. The company could do it more efficiently. This is also true of managing team structure, accounting, and calculating of down line sales volume, paychecks, and bonuses.

Likelihood of enrolling new MLM team associates: It will be hard to recruit if there is no convenient way to sign up, like a web page or an application form that can be faxed, or if the company does not accept credit cards for required fees. Avoid a company that offers no help with marketing, beyond having you contact your family and friends or calling strangers. It is only interested in access to your warm market.

If there is no website that describes the products or services offered and the business opportunity, it will be hard to sell or recruit, beyond local contacts. Also, you will need to do one-on-one product promotion that could be done more efficiently by a website. Stay away from a company that does not offer good training aids, such as new associate guidelines, CD’s, DVD’s, web pages, brochures, e-mail newsletters, and meetings. You, the recruiter, would need to take extra time with new recruits to train and support them, so they wont drop out.

Unrealistically high team purchase quotas to qualify for override commissions make your income too dependent upon other peoples actions.

Avoid the following products: Limited in number with narrow market appeal Unstable supply, causing back orders, disappointed customers, and lost sales overpriced and/or have no clear advantage over ones that are cheaper and are readily available small, one-time purchases that would not generate residual income. Syndication Source: ArticleMind.com We are affiliated with four network marketing companies two for travel and two for nutrition, weight loss, personal care, and home care products.
www.4homebusiness4u.com

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By Wealth Method – March 24, 2011

What Freight Bill Factoring Companies Offer

By Author: Kris Koonar
Article: Freight bill factoring companies offer instant finance against freight invoices. The amount of advance ranges between 70, 90 and even 97% of the invoice value, depending on the specific terms of the factoring agreement between the transporter/freight brokerage company/ trucking company as also on the factoring company’s internal policies.

The need for factoring arises because of the paucity of funds that transporters and others in the freight handling business face due to the expenses they bear in course of their business activity, in the absence of immediate payment from their clients. It forces a transporter to spend his own money or make arrangements to have money available for covering all expenses for efficiently running his business without depending on immediate payment from the client, post delivery of goods.

It is of paramount importance because without meeting these expenses regularly the transporter’s business will come to a standstill making him lose the business and become bankrupt in no time. The wheels of the trucks have to be kept rolling for sustaining the business. To ensure this, the payroll expenses, fuel expenses, money for purchase of tires, repair and maintenance expenditure and many other sundry expenses have to be procured on a day to day basis.

Transporters/freight brokerage companies and others involved in the freight business generally do not have the required cash reserve to meet these vital expenses on their own. Bank financing is difficult to obtain as generally the borrower will have to provide evidence of successful profit making by the business for at least three years preceding the request for finance. Any individual or company in a transportation business that has been operating successfully for the last three years would have the necessary wherewithal for managing its finances without any loan assistance from the bank, whereas one new to the business would be unable to provide the required evidence. So bank financing does not offer a proper solution for such finance.

On the other hand, freight factoring companies provide quick and easy finance by purchasing the freight invoice. A factoring agreement is entered into between the transporter and the factor. Thereafter, the transporter accepts all loads with confidence and after delivering he bills his clients in the usual way and forwards the bill to the factor. The factor advances cash to the transporter within 24 hours of receiving the bills in accordance with the terms of the factoring agreement. If the agreement has a non-recourse invoice factoring clause, the factoring company also covers the risk of non-payment in case the transporter’s client goes out of business or becomes insolvent.

This way the transporter receives immediate cash for his needs while the factor waits for the client to pay. Once payment is received from the client, any amount held back with the factor is rebated. The fee charged by the factor is usually 1.5 to 3% of the monthly invoice value which may appear very affordable. The percentage depends on the total monthly invoicing and the length of time for which an invoice is factored. However, even if it appears quite low, the fact remains that the factoring fee amounts to 1.5 to 3% of the entire value of the invoice of which actual profit, after deducting expenses and overheads, forms just a small part. Therefore, it eats considerably into overall profits of a factor’s client. Syndication Source: ArticleMind.com Freight Factoring service provider Phoenix Capital Group can help you grow your logistics business. Check out how easy our truck factoring products are to use. Quick factoring quotes can be found at http://www.phoenixcapitalgroup.com

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By Wealth Method – March 24, 2011

Business Rehabilitation and Bankruptcy Law in Thailand

By Author: Wolfgang Jaegel
Article: In Thailand, Bankruptcy Laws form part of the Commercial Law. Thai bankruptcy law is devised in such a way not only to help debtors to distribute their property but also to help them in rehabilitating via several reorganization provisions.

In other words, the Bankruptcy Law includes the Bankruptcy Act for Business Rehabilitation. The Business Rehabilitation Law was introduced in 1999 as Chapter 90 of the Thai Bankruptcy Law BE 2483. The main purpose of the Business Rehabilitation law is to assist a debtor facing liquidity problem by giving him an opportunity for rehabilitation before being insolvent.

The procedures in connection with rehabilitation are usually commenced by an eligible petitioner by filing a petition with a provincial or a civil court as per the domicile of the debtor. However, petition for business rehabilitation could be filed only if the debtor’s overall debt comes to an amount that exceed Baht ten million. Likewise, In order to file a petition for business rehabilitation, certain legal and perquisites must be complied with such as:

- The names and addresses of creditors must be specified to whom the debtor owes in total at least an amount of Baht ten million
- Specify reasonable methods in order to rehabilitate business functions
- Proposed planner’s name as well as qualification
- Planner’s consent
- In case the petitioner is debtor, then details regarding assets and liabilities must be given
- Consent of authorities which is applicable as mentioned below :
1.In case the debtor is commercial bank or finance company, then the consent of the Bank of Thailand
2.In case the debtor is a securities company, then the consent of the Office of the Securities and Exchange Commission
3.In case the debtor is a file insurance company or a casualty insurance company, then the consent must be of the Insurance Department

On filing the petition as per the above grounds, the liquidator will start the case once when he confirms and proves that the debtor’s assets could not pay off liabilities. The court’s concern with regard to the business rehabilitation is mostly on the basis of debtor’s balance sheet as well as accounting documents and liquidator’s power of arguments. Discussed further in detail in this article are procedures with regard to business rehabilitation.

According to the Article 90 of the Bankruptcy Act, once the petition for business rehabilitation is accepted, a planner is appointed, who in turn possesses duties and powers to manage the debtor’s business as well as assets. In case, a planner is appointed, then the debtor executive’s power in administering the business and assets would cease. In such a situation, until the appointment of a planner, the court will employ one or more persons or sometimes the debtor’s executive for a temporary period to deal with the debtor’s business and assets under the administration of the receiver.

During this interim period, the receiver has complete right to administer interim executives and to order them to prepare explanation regarding the account details as well as anything pertaining to the management of business and assets. The interim executives would be relieved from the powers of receiver by the court when the receiver makes a motion.

In such situations, the court would employ new provisional executive to presume the office. In case the court does not appoint interim executive, then according to the Section 90/20 of the Bankruptcy Act, the receiver would be given power for a temporary period to manage debtor’s business and assets. Likewise, according to the Section 90/21 of the Bankruptcy Act, until a planner is appointed, all of the rights of the debtor’s shareholders would be suspended except for in the case of right to obtain dividends.

Once the acknowledgement order for business rehabilitation has been received, the debtor’s executive should handover everything from assets and seals to book keeping ledgers and documents pertaining to business, assets, and liabilities of the debtor to the provisional executive or the receiver.

Nowadays, a number of leading law firms is in the scenario to provide excellent services in connection with business rehabilitation and bankruptcy. Many of them undertake a plethora of such services in connection with business reorganization as analysis as well as consultation with creditor or debtor, filing petition for business rehabilitation, plan administration, and planner representation. Syndication Source: ArticleMind.com For nearly 30 years, Bamrung Suvicha Apisakdi Law Associates (BSA Law) has focused on providing reliable legal advice and services to the Thai and foreign business community in Thailand. We provide international standards of legal services while retaining the customs of the Thai business culture.

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By Wealth Method – March 24, 2011