Could you use an extra stream of income? A home based business is a viable option but how do you know which one is right for you? A few areas to consider when trying to decide on the best home based business is your personality, time available and profit potential.-Personality: When considering the best home based business, your personality can steer you in a general direction. Many direct sales companies recommend having home parties or one-on-one meetings as their main focus for selling products. This requires contacting friends and family to host a party. If you have trouble talking to people face-to-face or in groups or don’t want to impose on those people closest to you, the home party industry may not be for you. However, it’s not to say you can not overcome your obstacles and have a successful career in the home party industry.On the other hand, a strong and outgoing personality easily fits the criteria for that industry but does not limit oneself to just the home party type of company. All personalities lend itself well to online businesses for two main reasons. First, no matter if you are shy and quiet or friendly and outgoing, many online companies have extensive training to guide you every step of the way taking fear out of starting a business. And second, if you fear talking to people about an opportunity, many companies are automated in which your only job would be driving people to your website. Some online companies even offer online assistants who will close sales and help lead you toward success.-Time: Another factor in choosing the best home based business is time. The home party industry typically promotes having parties during the day, evening or weekends. This could be difficult to schedule around your family’s needs. The online industry is more flexible. If you choose, you can work in the middle of the night and not disturb anyone. Can you imagine asking your home party host if you could start the party at 10pm after the children are in bed? The host would think you are crazy!-Profit Potential: If you are going to spend your time and energy building a business, choose the best home based business that fits your expectations for profit potential as well. Home Party businesses generally offer 30% to 50% in profits. The online industry is usually 50% but the sales are in larger quantities and in some cases provide residual income where you can continue to get paid an override on a sale you made in the past. Online businesses open a huge market far beyond the number of friends you have or the size of your family. All you need to do is learn how to capture online sales and plug into an organized system that guides you to the path of success while working from home.I would recommend exploring your options based on your personality, time available and profit potential when deciding which is the best home based business is for you. Whatever direction you choose to go, keep in mind that the most important ingredients to being a success are consistency and persistancy…take action every day!
Online Education – A University on Your Desktop
Online education is spreading across the globe like a wildfire fueled by textbooks and periodic tables. Millions who previously thought that a college degree was firmly out of their reach have discovered that all it takes to attend college in today’s world are the combination of a few free hours each day and access to the Internet. Perhaps because of the ease of taking classes at one’s leisure, online education continues to be growing trend in the United States and around the world.
Online Education Equals Big Business
Originally conceived as a way for adults to earn a GED or college degree later in life than usual, online education or “distance learning” has spread to the point that people of all ages are now involved. Children as young as the fourth grade level now have access to online education in many areas, using it as a supplement to or in place of traditional classes. This translates into dollars and sense for the business community and, according to a November 2004 report on CNN’s website; it was predicted as early as 2001 that online education would become a $23 billion industry by the end of 2004.
With Online Education Everybody Wins
Part of the appeal to online education is that it is literally good for everyone. Educators can enter a new job market in writing and implementing an online curriculum and can use this income to supplement the earnings that receive from classroom education. Students of all ages have an alternative to traditional classes in which they can learn without the interference of other students’ behavioral interruptions. Adults who may have missed out on their high school diplomas or college degrees now have the opportunity, through online education, to complete or further their studies without the scheduling problems that may have made this impossible in the past. The public benefits from saved tax dollars; every student that participates in an online educational program represents a reduced burden on the taxpayer funded public education system. Finally, online education offers businesses the chance to educate their workforce at a lower cost and the benefit of a generation of computer literate and more highly educated prospective employees entering the job market.
Online education saves time, money, and offers opportunity to those who may have never had it in the past. It may truly be the wave of the future.
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Differences in the Types of Auctions That Take Place Around the World
Auctions are those events where properties or goods are sold to the highest bidder. Auctions are mostly public events, where bidders make a series of bids and purchase a particular item for a high price. During auctions, bidders decide the price of an item rather than the seller. It depends on bidders to decide the amount they would want to pay for a specific item. During an auction, a bid is a proof of a legal binding. Bidders agree to pay the amount that they have bid. In a high profile auction, bidders may have to pay a deposit in escrow accounts or give a proof that they can pay for those items.
Types of Auctions:
Different types of auctions take place around the world. Below mentioned are some types of auctions:
1. English auction:
This is a basic type of auction. In this type, people can see the item and then start bidding. Bidders slowly raise the value of their bid until everyone gives up. The highest bidder is the winner. An auctioneer manages an auction, keeps records of the on going bid and decides the winner. Sometimes, the seller will quote a minimum amount for an item to the auctioneer, below which the auctioneer cannot sell that item.
2. Dutch auction:
In this type, the auctioneer sets a particular price and then gradually lowers the price. People in public will start bidding and later decide which prices are suitable for the item. A seller may use this type of auction to sell large quantities of same products to the public. For instance, a seller may want to sell a large amount of hay and will thus, decide to sell this hay to people for the same amount, once a reasonable price is decided.
3. Silent auction:
In this type, the bidders in public will present their bids in a sealed format. These sealed bids open at the same time and bidder with the highest bid wins. There could be a modification in this type of auction. The bidders are allotted a specific period to bid. They can roam in a room displaying the items, and write their bids on an associated sheet of paper. The bidders are allowed to see bids of other bidders and can choose a higher price for an item. At the end of the allotted time, bidder with the highest bid is the winner.
Examples of Auctions:
Auctions can be of two types either public or private. Sellers may trade any kind of items in both types of auctions. Some areas where auctions take place are:
1. Antique auction: An antique auction consists of a trade opportunity as well as provides entertainment.
2. Collectable auction: In a collectable auction, the seller may put up collectables like coins, vintage cars, luxury, stamps, real estate, and luxury for sale.
3. Wine auction: In wine auction, bidders can bid for rare wine, which may not be available in retail wine shops.
4. Horse auction: Bidders can bid for young horses of the best breed.
5. Livestock auction: In livestock auction, bidders can buy pigs, sheep, cattle, and other livestock.
The other examples of auctions may not be public. These auctions are for bidders from corporate levels. Some examples of private auctions are:
1. Timber auction
2. Spectrum auction
3. Electricity auction
4. Debit auction
5. Environmental auction
6. Auto auction
7. Electronic market auction
8. Sales of business auction
Bidders in an auction need to examine the items displayed and decide an appropriate price for an item. Thus, auctions help buyers in getting the best deals and in gaining better profits for sellers.