Tag Archives: home business

How You Can Make Serious Money When Markets Go Down

If you’re only buying stocks – or options, or any security – hoping they will increase in value, you could be missing out on a lot of profits.

Markets move up and down – you know this because on the down days, you feel it right in your wallet.

But it doesn’t have to be that way.

Yes, shorting, like most things in trading, can be both risky and complicated. But it doesn’t have to be. And contrary to what many novice traders think, it’s certainly not “off limits” to ordinary investors.

Today I’m going to show you an easy (and possibly very profitable) way to play the markets when you think they’re about to head south.

An Easy Way to Go Short

When I’m bearish and want to bet stocks are headed lower, I generally like buying inverse exchange-traded funds (ETFs) based on the major market indexes.

ProShares Short Dow 30 (NYSEArca:DOG) for the Dow Jones Industrial Average, ProShares Short S&P 500 (NYSEArca:SH) to short the S&P 500, and ProShares Short QQQ (NYSEArca:PSQ) to bet the Nasdaq is headed lower.

If I’m extremely bearish, and I believe stocks are going to fall hard today or tomorrow, I’ll sometimes buy a leveraged short inverse ETF like the ProShares UltraPro Short S&P 500 (NYSEArca:SPXU). The UltraPro Short S&P fund is a “3x leveraged” inverse ETF. That means if the S&P 500 goes down 1% today, SPXU would go up 3% today.

But this is important: Leveraged ETFs are only meant as short-term trading vehicles. That’s why I said “if I believe stocks are going to fall hard today or tomorrow.” Because of the way leveraged ETFs are priced, they’re “re-set” every day – they’re not good long-term holds.

In a perfect world, if your conviction is right and you buy a leveraged inverse ETF and stocks go down right away, and they keep going down for multiple days in succession, you’ll be a very happy camper.

I’m not greedy. If I have a straight run for a few days holding an inverse leveraged ETF, I’d take my profits as soon as I think the sell-off is over.

I wouldn’t wait another day, I’d ring the register and be happy. If I own an unleveraged inverse ETF like DOG, SH, or PSQ, I’d probably use a 5% to 10% stop to get out if the markets rallied. If you take small losses, you can get out and figure out where stocks are going and get back in if your timing was off but you think they’re going down again.

Now let’s look at one of my favorite plays: money…

Here’s the Trade for When Gold and Currencies Tank (or Skyrocket)

There are lots of leveraged gold ETFs. Here are some of my favorites. Just remember what I said about holding any leveraged ETF: they’re very short-term trading vehicles.

Another way to “leverage” gold on the upside (betting bullion is going higher) is to buy miners. Mining stocks move up a lot faster than gold itself in an up-trending gold market.

Currencies are a little bit different, but it’s not hard to trade their moves up or down. Don’t forget, you can’t just short one currency – all currencies are “priced” in terms of another currency, so they always trade as a “pair.”

If you think the euro is going down relative the U.S. dollar, you can actually sell short the CurrencyShares Euro ETF (NYSEArca: FXE). If you want a leveraged (2x) way to bet the euro is going down relative to the U.S. dollar, you can buy a popular inverse leveraged euro/dollar ETF, the ProShares UltraShort Euro (NYSEArca:EUO).

There’s another popular way to hedge and play downturns in the market, but it’s trickier than it looks. Still, done right it can lead to some big profits on the short side.

How to Buy and Play the iPath Hedges

I’ve got nothing against VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca:TVIX), if you get into it and the move you expect, a dramatic drop in prices and a spike in volatility, happens right away.

But here’s that tricky part I mentioned.

It’s a leveraged ETF – so if you don’t get a sustained move down pretty soon after you buy it, and you sit with it a few weeks, or worse, a few months, it loses its value quickly. Bottom line, it’s a leveraged ETF and great if you get the timing right, get in, and get a sustained move in your direction.
I’m not a huge fan of the iPath S&P 500 VIX Short-Term Futures ETN (NYSEArca:VXX), either, because it’s based on VIX futures.

VXX is thought of as an ETF, but it isn’t. ETFs have their own supply and demand dynamics and their own bid-ask spread dynamics. But it’s based on two sets of futures that have their own “valuation” dynamics based on rolling first- and second-month futures contracts.

VXX is actually an exchange-traded note (ETN), not a fund. It’s actually a derivative, which adds up to a lot of moving parts and is hard to arbitrage and “value” properly.

But if you’re going to use VXX, I’d suggest you add a one-quarter dose of it to whatever other protection you have on. Just keep in mind, if markets settle down and stocks flatten out and go sideways, the VIX and VXX will drop a lot quicker than non-leveraged inverse ETFs you might have on for protection.

My favorite way to play a spike in volatility is to buy calls on the actual VIX.

When I’m playing options, I generally like to buy options three to six months out. I always prefer further out options because it gives me more time, but you have to weigh the time against the higher price or premium you have to pay for them.

That’s why I look three to six months out and incorporate how much volatility I expect over that three to six months. If I expect a spike in volatility sooner rather than later, I’d opt for the cheaper, near-term options. If I run out of time but I still think I’m right, I’ll roll into the next three months out options.

In a perfect world, if you knew the move you expected was going to happen in a couple of weeks and last a week or two, you wouldn’t waste money buying further out options and pay for time you wouldn’t need.

But… it’s not a perfect world and I’m very often right, but I can get stung because my options expire and I hesitate rolling out to the next few months and get sick when the move I expected all of a sudden happens and I’m not in the trade.

That’s the worst feeling in the world, but you won’t have to sweat it with this strategy.

Wall Street Insights & Indictments

WITH SHAH GILANI

Education for Children and Youth Experiencing Homelessness

 

As a housing provider, you can play a big role in supporting the education of young people experiencing homelessness. The McKinney-Vento Homeless Assistance Act, a federal law, governs the implementation of Pennsylvania’s Education for Children and Youth Experiencing Homelessness (ECYEH) Program. Currently, there are over 26,000 K-12 students in Pennsylvania (2014-15 data) that may need additional support due to their homeless status. These students include those children and youth who:

  • are sharing the housing of other persons due to loss of housing, economic hardship or a similar reason; are living in motels, hotels, trailer parks or camping grounds due to the lack of alternative adequate accommodations; are living in emergency or transitional shelters; are abandoned in hospitals;
  • have a primary nighttime residence that is a public or private place not designed for or ordinarily used as a regular sleeping accommodation for human beings;
  • are living in cars, parks, public spaces or abandoned buildings, sub- standard housing, bus or train stations, or similar settings; and
  • are “migratory children” (see further information regarding homeless students in the Education for Homeless Youth Basic Education Circular at  www.education.state.pa.us/homeless)

There are many resources to assist in these efforts through the regional network of ECYEH coordinators – go to http://homeless.center-school.org to see the regional map for local program contact information.  And if you are not connected with the local school district homeless liaison/s in your area, visit the statewide online liaison directory at http://homeless.center-school.org/ homeless directory  for a complete liaison listing.  At this site, you will also find a listing of family/youth shelters available to families with children and unaccompanied youth.  If your program/agency is not listed, or if the information needs to be updated, please contact your ECYEH regional coordinator.

 

Free leadership development training is available for families of children who receive Infant-Toddler Early Intervention or Pre-School Early Intervention Services.  Competence and Confidence Partners in Policymaking for Families in Early Intervention (C2P2EI) will be offered in four 2-day sessions: October 28-29, December 2-3, January 27-28, and April 28-29 at the Lancaster Host Resort and Conference Center. For more information contact Cathy Roccia-Meier at cathyRM@temple.edu or visit http://disabilities.temple.edu/programs/leadership/c2p2ei.shtml

CONTRACT OPPORTUNITIES FROM THE CITY OF PHILADELPHIA, P.A. – Dec 2015-

NewsJuly2015The list below displays new non-competitively bid contract opportunities available on the City’s website. The Status column shows if the application period is open, closed or has been cancelled. 

Opportunity:- 21151005144446
Description:-
The City of Philadelphia, in partnership with public and private agencies, is leading the revitalization of the banks of the lower Schuylkill River in Philadelphia, now known as Schuylkill Banks. The City’s mission is to transform the formerly abandoned urban riverfront into a vital asset and resource for the benefit of the region and Commonwealth. The project goal is to promote recreation, tourism, improved environmental conditions and to stimulate economic development. A Master Plan, approved by state, city and federal agencies, is in place to guide more than $2.5 billion in public and private investments. Physical improvements: docks, trails, bridges, pedestrian improvements, greenways, streetscapes and public programming will result in a dramatic transformation of the waterfront along both the east and west sides of the Schuylkill River between the Fairmount Dam and the Delaware River. More than 43 neighborhood and community organizations participated in the planning and support of the Tidal Schuylkill River Master Plan (2003) which encompasses the City’s mission and vision for the lower Schuylkill River.
Dept/Agency:- COMMERCE
Service Type:- General Consultant Services
Amount:- To be determined
Opening Date:- 12/01/2015
Closing Date:- 12/22/2015
Status:- Open

Opportunity:- 21151112103345
Description:-
The City of Philadelphia (City) is seeking proposals from interested firms for the provision of technology support and hosting services across a spectrum of internally provided services such as helpdesk, desktop, server support, desktop productivity software support, storage, backup, and cloud provisioning services which may be made available for all agencies of the City. **A Mandatory Pre-Proposal Meeting is scheduled for November 24, 2015 at 9:30 AM (Local Philadelphia Time).
Dept/Agency:- DIVISION OF TECHNOLOGY
Service Type:- Computer and Information Svcs
Amount:- To be determined
Opening Date:- 12/01/2015
Closing Date:- 01/13/2016
Status:- Open

Opportunity:- 21151124150151
Description:-
The City of Philadelphia Water Department (PWD) is seeking proposals, through this Request for Proposal (RFP), from qualified consultants to assist the Water Department’s Accounts Payable Unit with document conversion to reduce paper and improve efficiency.
Dept/Agency:- DIVISION OF TECHNOLOGY
Service Type:- Computer and Information Svcs
Amount:- To be determined
Opening Date:- 11/30/2015
Closing Date:- 01/07/2016
Status:- Open

Opportunity:- 21150914160325
Description:-
The City of Philadelphia, Division of Aviation seeks qualified Applicants to provide 24 hours a day, 7 days a week operations, corrective and preventive maintenance services, with associated operational and maintenance reporting services for the Baggage Handling Systems at Philadelphia International Airport.
Dept/Agency:- COMMERCE
Service Type:- General Consultant Services
Amount:- $1.00
Opening Date:- 11/25/2015
Closing Date:- 01/26/2016
Status:- Open

Opportunity:-   21151110190254
Description:-                                                                                                                            Effective cleaning, safety and public space maintenance activities in commercial area in low and moderate-income neighborhoods.
Dept/Agency:- COMMERCE
Service Type:- Housing & Economic Development
Amount:- $0 to $50,000.00
Opening Date:- 11/18/2015
Closing Date:- 01/15/2016
Status:- Open
A complete list of all New Contract Opportunities can be viewed by visiting https://secure.phila.gov/ECONTRACT

How to inspire community participation, motivating and attracting volunteers toward a cause

“Life’s most urgent question is: What are you doing for others?” – Martin Luther King, Jr.
YALI1
Join us for a #YALICHAT with YALI Network’s Online Course instructor, Jeff Franco, on the benefits of volunteerism, how to inspire community participation, and motivating and attracting volunteers toward a cause.

WHAT: #YALICHAT with Jeff Franco on leadership through service
WHEN: Tuesday, August  25 – Thursday, August 27
WHERE: Post your questions on the YALI Network Facebook page

Jeff Franco is vice president and executive director of City Year Washington, DC, a nonprofit organization whose teams of diverse young adults commit to a year of full-time service helping  students stay in school and on track to graduate. Since joining the organization in 2008, he has quadrupled the number of students and schools served, doubled the size of the staff and more than doubled the organization’s fundraising. He has led the development and implementation of a strategic plan that will again grow City Year’s size and impact to reach at least half of the students who drop out of school in Washington, DC.

Jeff will be hosting a Facebook chat to personally engage with YALI Network members and answer your questions. Log onto the YALI Network Facebook page anytime betweenAugust 25th and August 27th to post your questions, read Jeff’s responses and be part of the conversation. You can get ready for the event by watching Jeff’s YALI Network Online Course lessons “Attracting and Motivating Volunteers” and “Inspiring Community Participation.”

Don’t miss out on this exciting opportunity to gain insight from a talented and successful civic leader and community organizer!

P.S. Be sure to read Jeff’s guest blog post “What are the Benefits of Service to a Greater Cause?” to get an idea about what questions to ask him during his #YALICHAT!

Free Cash in a Flash – How to Create a Forum That Makes Money

Have you ever visited a discussion forum? During your search on the net, is there a time that you have discover a discussion forum? Well, discussion boards are plenty on the internet and they are of various varieties. One message board that’s obtaining a growing quantity of users is the WAHM forum. WAHM means work at home moms.

Discussion boards are indeed vital. If you have questions, you can post a thread on a message board and the other users will attempt to answer your query. Also, if you’d like to offer help, you can do it and this is by answering the questions of others.

Individuals are not just using community forums for personal reasons, but there are also a few who utilize it for business reasons. There are a few who utilize these websites to market their items. Well, it’s up to you to choose how you will use a particular message board however ensure that you will not get banned. Say for instance, in case you are to post on a WAHM forum, be sure that your post is something appropriate, otherwise, you will get banned.

Such sites can assist us a lot, however are you aware that you can also earn money from them? Yes, it’s possible to make income using a forum site. How? Read on.

To begin with, you must obtain a domain name. This ought to be relevant to your subject. Say for example, when your target is concerning work at home mothers, you ought to get a domain name that’s somewhat related to your subject. Once you’re done with the domain name, host it on your favored webhost.

Next, place the php script or file of your forum. If you do not know how to do this, you could ask someone to do it for you. There are lots of talented people out there who’re just awaiting you to employ them. Certainly, if you wish to know how to do it, you can view YouTube movies.

As soon as your WAHM forum is ready, the 3rd thing that you ought to do is to attract users to join up. You can do this by using your social media accounts just like Facebook and twitter. Post an update about your new site. Also you can personally message your mates or your followers and then make them register to your site.

Whilst getting registered users, you also have to get good traffic so that you can rank well in the search engines. This way, it will be simpler for you to succeed.

After 6 months of obtaining good traffic, you can then start generating revenue and that’s by placing advertisements on your site. This procedure is fairly slow, and therefore, if you want to generate income in a faster way, you may consider marketing your site.

It’s not tough to create a discussion board which makes money. All you need to do is to come up with a particular discussion forum just like WAHM forum and follow the steps as discussed above.

Learn how to start a home business for work at home moms at http://www.youtube.com/RichMomBusiness

How to Start a Startup – Free on line classes (ends December 2)


December 2nd will be the last week of classes for “How to Start a Startup”! If you have missed these classes then don’t despair, we have them right here you can just click on a video and get engaged.

“How to Start a Startup”, CS183B is a class taught at Stanford. It’s designed to be a sort of one-class business course for people who want to start startups. These classes were offered on line and free of charge to participants.

Videos of the lectures, associated reading materials, and assignments were made available. There were 20 videos, some with a speaker or two and some with a small panel; a 1,000 minutes of content if you watch it all.

These classes covered how to come up with ideas and evaluate them, how to get users and grow, how to do sales and marketing, how to hire, how to raise money, company culture, operations and management, business strategy, and more.

These classes were brought to you by Y Combinator and they are doing this because they  believe helping a lot of people be better at starting companies will be good for everyone. It will hopefully be valuable even for people who don’t want to start startups.

Talks like these have really helped Y Combinator founders create their companies, and Sam is hoping you find it helpful too!

There’s a lot that goes behind the scenes in running a startup. Getting the legal, finance (equity allocation, vesting), accounting, and other overhead right will save you a lot of pain in the long run. Kirsty Nathoo, CFO at Y Combinator, and Carolynn Levy, General Counsel at Y Combinator, cover these very important topics, in Lecture 18 of How to Start a Startup.

Hosain Rahman, founder and CEO of Jawbone, discusses the design process for building hardware products users love. Lecture 17!

Want to start a startup? How to Raise Money – The Teespring Campaign (Fr Lecture 7 to10)

 

Teespring

Lecture 9 features Marc Andreessen, Founder of Andreessen Horowitz, Ron Conway, Founder of SV Angel, and Parker Conrad, Founder of Zenefits. Marc, Ron, and Parker take Q&A on the topic of How to Raise Money.

The Teespring campaign (t-shirt pictured below) for this class ends next week, so don’t miss out!

Readings have been posted through November 11, including a comprehensive reading list from Ron Conway in today’s recommended readings.

You’re gonna love this one, folks. Brian Chesky, CEO of Airbnb, and Alfred Lin, Partner at Sequoia Capital and previously COO of Zappos, really nailed Lecture 10.

And today’s readings are about Zappos and Airbnb – you’ll definitely notice some common themes.

Lecture 7 – How to Build Products Users Love and Lecture 8 – How to Get Started, Doing Things that Don’t Scale, Press

Copyright © 2014 Y Combinator, All rights reserved.
Thanks for signing up for Sam Altman’s How to Start a Startup class! Stay tuned for information regarding lecture videos as well as assignments and other community engagement.

Our mailing address is:

Y Combinator

215 Kearny St

San Francisco, CA 94004

 

Video#2 is up on Free E-Business Course/Want to start a startup?

Empowering Women and Youth Worldwide with Education and Life transformation programs, resulting in industrialists’ generation. Empowering communities economically at ViWiDA-USA. Follow us on Facebook for great stuff especially Cultures Exposure Weekend!

AND NOW YOUR FREE CLASS IS ON! brought to you by Y Combinator from Stanford University

startupclass.samaltman.com

Sam wrapped up the four topics today, covering Team and Execution. The video is up on the lecture 2 coursepage.     

Links and more FAQs:

  • You can also access the videos on startupclass.co, where there are separate discussion threads for each video and reading (scroll down to Curriculum). Tuesday’s discussion thread is here, and today’s is here.
  • For those who have trouble accessing the Youtube videos, videos will also be available on Stanford’s iTunes U, and the Stanford Youtube channel (which is more accessible). Videos will be up on those channelswith subtitles, at a 2-3 day delay.
  • Translations will be added to the Youtube video directly, also at a 2-3 day delay. If you want to help add subtitles in a language of your choice,volunteer on Dotsub.
  • Presenter’s slides will be available on each coursepage.
  • A list of all readings (including readings for upcoming Tuesday’s lecture) is on our website as well.
  • The form for submitting Q&A for Lectures 3 and 4 is still open (and all Q&A will go through the same form, which will update over time).

Enjoy!

Copyright © 2014 Y Combinator, All rights reserved.
Thanks for signing up for Sam Altman’s How to Start a Startup class! Stay tuned for information regarding lecture videos as well as assignments and other community engagement.

Our mailing address is:

Y Combinator

215 Kearny St

San Francisco, CA 94004

 

Guide To FREE Government GRANTS

Anyone thinking about going into business for themselves, or wanting to expand an existing business should rush for the world’s largest “one-step-money-stop” where FREE MONEY to start or expand a business is being held for you by the Federal Government.

It sounds absolutely incredible that people living right here in the United States of America wouldn’t know that each year the world’s largest source of free business help delivers:

* Over $30 billion dollars in free grants and low interest loans;

* Over one-half trillion dollars in procurement contracts;

* Over $32 billion dollars in FREE consulting and research grants.

With an economy that remains unpredictable, and a need for even greater economic development on all fronts, the federal government is more willing than ever before to give you the money you need to own your own business and become your own boss!

In spite of the perception that people should not look to the government for help, the great government give-away programs have remained so incredibility huge if each of the approximately 8 million businesses applied for an equal share, they would each receive over $70,000.

Most people never apply for a FREE GRANT because they somehow feel it isn’t for them, there’s too much red-tape, or simply don’t know who to contact. The fact is however, that people from all walks of life do receive FREE GRANT MONEY and other benefits from the government, and you should also.

HOW TO FIND FUNDING SOURCES WORTH BILLIONS

As with all grant seeking, the key to obtaining grants is preparation and knowledge about funding sources. Preparation means identifying programs that are available, and determining if you fall within their restrictions.

The following sources will be invaluable to you in locating thousands of sources of FREE MONEY

FEDERAL REGISTER

This daily publication contains changes, proposed changes, and notices about rules and regulations affecting all government agencies and their programs. Federal agencies must publish the program description, eligibility requirements, and program guidelines in the Federal Register. For current subscription costs write to: Superintendent of Documents, U.S. Government Printing Office, Washington, Dc 20402.

CATALOG OF FEDERAL DOMESTIC ASSISTANCE

This publication lists a complete description of every program in the federal government that makes funds available to private business. Write to the U.S. Government Printing Office, Washington, DC 20402.

COMMERCE BUSINESS DAILY

This publication contains a daily listing of U.S. Government procurement invitations, contract awards, subcontracting leads, sales of surplus property, and foreign business opportunities. For current annual subscriptions costs write to the Superintendent of Documents, U.S. Government Printing Office, Washington, Dc 20402.

THE FOUNDATION CENTER

888 Seventh Avenue, New York, NY 10019, will provide you with a listing of philanthropic foundations.

FREE FEDERAL MONEY GIVEN AWAY TO ASSIST BUSINESSES

GRANT MONEY FOR BUSINESSES IN POOR ECONOMIC AREAS

Contact the Economic Adjustment Division, Director, Economic development Administration, Herbert Hoover Bldg.,Rm. H7217, Washington, DC 20230.

GRANT MONEY FOR MINORITY BUSINESS DEVELOPMENT

Grants are awarded up to $2 million dollars to stimulate business growth. Contact the Minority Business development Agency, department of Commerce, Washington, DC 20230.

FREE MONEY TO PROVIDE ASSISTANCE TO ECONOMICALLY DISADVANTAGED BUSINESSES

Management and technical assistance is provided free to disadvantaged business. Contact the Associate Administrator for Small Business, 1441, L Street, NW, Rm. 602, Washington, DC 20416.

GRANT MONEY FOR INVESTORS IN RENTAL APARTMENT BUILDINGS WHO ARE IN FINANCIAL TROUBLE

Contact the Chief, Program Support Branch, Management Operations Division, Office of Multi-Family Housing Management, department of Housing and Development, Washington, DC 20420.

GRANT MONEY FOR WOMEN’S ENTERPRISES

Up to $200,000 dollar grants are awarded to women in business annually. Contact the Grants Management Office, Small Business Administration, 1441 L Street, NW, Washington, DC 20416

GRANT MONEY FOR REAL ESTATE INVESTORS WHO RENT TO ELDERLY OR HANDICAPPED PEOPLE

Contact the Director, Office of Multi-Family Housing Management, Dept. of Housing and Urban Development, Washington, DC 20410.

GRANT MONEY FOR INDIAN-OWNED BUSINESSES

Contact the Office of Indian Services Director, Bureau of Indian Affairs, 18th & C Streets, NW, Rm. 4600, Washington, DC 20240.

FREE STATE GRANT MONEY

There simply isn’t enough room in this report to begin listing all the FREE MONEY programs that are available from the federal and state governments. We can tell you however, the general types of programs that are available and where to begin.

As you contact different agencies for grant money, learn not  to accept “no” as a final answer. There are so many new programs being offered each year that often an agency’s own employees won’t be aware they are offering the one you ask about. If being persistence doesn’t help, get in touch with your Congressman and let them track down a program that meets your needs.

TYPES OF PROGRAMS THROUGH STATE & FEDERAL AGENCIES

FREE MONEY

Usually through direct grants that do not have to be paid back.

BUSINESS CONSULTING

Free management advice is offered on almost every business subject by the Department of Economic Development to minimize new business start-up management costs.

BUSINESS SITE SELECTION

State hired specialists are available to assist new entrepreneurs select the best possible location for their new business.

MANAGEMENT TRAINING

Most states will assign specialists to work with a new business with one-on-one management training.

EMPLOYEE TRAINING ASSISTANCE

This program provides FREE MONEY  to train employees. FREE MONEY is also available to send employees to school.

RESEARCH & DEVELOPMENT GRANTS

FREE MONEY is available to attract high-tech related companies.

PROGRAM CONSULTANTS

States have highly trained management consultants who will locate Federal Grant Programs to help you through the application process.

FORMS & DOCUMENTS

State professionals will help a new business owner apply for permits, licenses, or any other legal document a business may require.

VENTURE CAPITAL FINANCING

This method can provide FREE MONEY in the sense you wouldn’t have to pay it back. You would, however, probably have to give up part of the ownership of your business in order to receive financing. Most states have their own venture capital finance firms that invest in high risk businesses.

MINORITIES & WOMEN

FREE MONEY grants are available in most states for women or minorities who want to start a business.

LOW INTEREST LOANS

A state may raise money through industrial revenue bonds to buy your fixed-asset equipment. The public, which invest in these bonds, do not pay taxes on the earned interest. When a low interest loan is granted, the state does not guarantee that investors will get their money back if the business fails. If a state issues a general obligation bond, a public investment is then guaranteed. the states will also make direct loans at low interest, or even co-sign a commercial bank loan. If a state co-signs a loan for you, it may subsidize your interest and reduce an already low-interest rate lower yet.

SMALL BUSINESS DEVELOPMENT CENTERS

Every state has Small Business development Centers who can match you with the right FREE MONEY grant program. All development centers offer free counseling to anyone wishing to start or expand a business. Their services are varied but include; FREE seminars, workshops, business planning, feasibility studies, marketing research, management analysis, sales technique, financing, exporting, inventory control, accounting, record keeping, and grant application. Whatever your questions about FREE MONEY grants or starting a business, refer to your telephone directory under State Offices and contact your Small Business development Center.

GETTING FREE MONEY FROM VENTURE CAPITAL SOURCES

A venture capital company is another source for FREE MONEY in financing your business plans. But since they are willing to assume some risk by investing in your business, they also expect some equity in the business itself.

Venture capital companies invest in projects they feel will be successful and bring a return on their investment. If you are interested in asking a venture capital company to invest in your business refer to your telephone directory under Venture Capital Companies or Investment Companies, and contact those who are in the same area you want to start your project in.

SMALL BUSINESS INVESTMENT COMPANIES

Small business investment companies can provide your business with the capital it needs by; 1) giving you a free loan; 2) making a stock investment in your business; or 3) offering a combination of the two.

Small business investment companies are in the business of making money just like any other business. The biggest difference between them and another investor is:

1) They are privately managed firms who are licensed and partially financed by the federal government’s Small Business Administration.

2) All of its transactions are regulated by the government.

3) Their success depends on the growth and profits of companies they own stock in. They often give money in exchange for stocks.

4) Their loans usually carry lower interest rates than commercial banks.

5) Straight loans repayments are carried over a longer period of time.

6) Most businesses are eligible, especially if they are 50% minority owned.

For a complete listing of the thousands of Small Business Investment Companies, visit your local library and ask for the SBIC Catalog. Study the catalog and note the companies that specialize in your area of interest. Then write them and request more information on what they have to offer.

WRITING A SUCCESSFUL GRANT APPLICATION

To write a successful grant application for FREE MONEY it should be well planned. You should be familiar with exactly how a particular agency prefers to have their grant proposals completed. If you have no experience in writing grant proposals, this is another area where your Small Business development centers can help.

WORK CLOSELY WITH THE FREE MONEY GRANTOR AGENCY

Once you decide which government agency you want FREE MONEY from, contact them and ask for a grant application. Get to know some of the grantor agency personal. Experts love to talk about their programs, so ask for advice, suggestions, and criticisms about your proposed project.

In most cases, the more the agency knows about your grant proposal, the better your chances will be of getting support from the personnel who ultimately approve your FREE MONET request.

Often it is to the grantor’s advantage to send their grant proposal summary to an agency  official they have developed a contact relationship with, and ask them to review and return it to you with their comments. Be certain this approach is acceptable with your agency. You wouldn’t first want a first draft mistakenly processed before it was finished.

Making a personal visit to the agency’s office in your area is also important. Face to face contact will help you understand eligibility requirements, deadlines, maximum FREE MONEY amounts you can apply for, and other details you want to know about. You can also utilize an agency’s library and determine through books, brochures, and conversation if there are other agencies you could apply for FREE MONEY. there is nothing that says that you can’t apply for, two three, or more FREE MONEY grants at one time!

ESTABLISH YOUR OWN PROFESSIONAL NETWORK

Do some networking and maintain continuous contact with people who can gather information for you about FREE MONEY GRANTS. Nothing can be substituted for personal contact with the decision makers who are in charge of grant programs. Learn to use your personal influence (and theirs) to achieve your goals.

The US. Government Printing Office maintains a wealth of information that people never take advantage of! Write to them and ask for a copy of the “U.S. Government Directory” and ask for a list of books, brochures, and documents that covers your field of interest. Tell them you are especially interested in obtaining information about FREE FEDERAL MONEY that’s available to private citizens.

Remember, “FREE FEDERAL MONEY” doesn’t mean you have to travel to Washington, DC. It just means finding out where the agencies are within your own state and local government. The contacts you want to make may be only minutes away.

 

Tips, Tricks, and Tools for Promoting Your Business Online  http://www.promopress.com/BusinessInformation/

Five Affordable Ways to Market Your Small Business

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1. Company Website:

A website will do much more than sell services or widgets. A good internet site will tell prospective buyers what they will need to know about your business and how your product or service will resolve their problems. It is not vital to have a big and elaborate site. What is essential is that you supply information that is useful to the visitor in their decision-making. It doesn’t require lots of pictures or animations or flashing information. It has to be intuitive, simple to navigate, clear and easy to comprehend, and it needs to answer inquiries from the perspective client’s viewpoint. A web site can also be utilized to keep current clients up-to-date with new products and services offered. Hire a reputable web design company in your local area.

Having a mobile website helps make it quick for your potential clients to find information pertaining to your products or services right on their mobile device! These mobile web designs are simple to surf, quick to download, are very legible and custom built for a mobile phone screen! Did you know that over 70% of the Earth’s population currently owns a mobile device? Mobile web is growing 8 times more quickly than desktop based internet. Mobile devices outnumber laptops and desktop computers four to one. Over 750,000 mobile phone are being activated per day! Mobile searches grew four hundred percent last year and fifty percent of all searches are done on mobile phone. 70% of queries result in action within 1 hour. We design mobile websites that are meant for mobile devices and smartphone browsers. discover more about our Cleveland web design services.

2. Word-of-Mouth:

Word-of-mouth might be one of the most highly overlooked marketing tools, but the truth is that any organization, large or small, benefits from the positive word-of-mouth produced by a great reputation. potential customers that come to your company through the suggestion of a good friend or colleague are more likely to become clients and to stay loyal clients. How can you build word-of-mouth? To start, deal with your customers well. Give them reasons to want to inform others about your business, product or service. Be a part of networking groups and Chambers of Commerce. And finally, ask your present customers to inform others about their experience with your company. Just be sure it was a great encounter!

3. Press Releases:

Use press releases to inform people about latest developments in your company, or announce recent accomplishments, announce new products or services, an award your company has won, a big contract received, a new employee or employee promotion, and the list goes on and on. The benefit is that press releases are free and, depending on the publication, spread the word to a large target audience.

4. Direct Mail:

Direct mail is a cost-effective way to target your advertising. Create or buy a list of prospects that match your target audience. Develop the list. Always be looking for avenues to add to your database of potential customers. Don’t erase names because they didn’t buy the first time you sent them something. Add to your list. Then mail to that list regularly. Articles to mail:

  •  Postcards. Postcards are affordable to make and mail and get the message across rapidly. You could use postcards to make business announcements similar to a press release, but specific to your audience.
  • Letters. Another highly overlooked marketing tool, letters to current clients could help develop loyalty. Letters to potential buyers could implement a very specific targeted message. And letters, in general, convey a feeling of personal service.

5. Niche Advertising:

Find out what directories, trade and specialized publications, online and offline, are related to your profession, product or service and get listed.

Search for opportunities to promote in these specialised venues. The more your concept is targeted to your specific audience, the better the return on your investment will be. Contact www.ClevelandWebsiteDesigner.com for all your website design needs.