Tag Archives: half

How to Avail Business Start-up Loans

Are you being denied loans for starting up a business?

Numerous aspiring business persons apply for business start-up loans. However, only about half of them become successful in getting the loans.

Do not let the entrepreneur in you take a backseat. Follow the guide lines given below to become successful in getting business start-up loans:

• Pay attention to your appearance

• Make a thorough preparation for the interview with the concerned bank official. Get a CD (provided free by high-street banks) that provides information about nitty-gritty of starting up a business. This will help you to present your business plan and cash flow statement in an impressive manner. All such preparations will enable you to face the bank officials’ queries intelligently.

• Prepare a detailed account of the amount of loan you require and how you plan to repay the loan in a stipulated time. You should provide information on how many units of items you want to make, how many sales you hope to make and when do you expect make a profit.

• Be prepared to invest some money from your own side as it is quite unlikely that the bank will pay the entire amount you require to start up your business. You may need to put forth your property as security in case you require a large sum of money.

• Update your knowledge about the market segment you plan to enter, the market size, the product or service you are going to provide, predicted growth of the market, nature of competition, etc. This will help to impress the bank manager and strike a favourable deal.

Understanding Different Types of Student Loans

Student loans can be quite complex as they have many variables. However, getting a student loan to fund your college education should not be too difficult even if you have bad credit rating; this is because most lenders (especially from the government) don’t consider credit rating as a major factor for qualification. They assume that most applicants will be going to college straight from high school, and will not have a credit rating yet. Another reason is because student loans are treated as investment loans (you’re investing in education for a better future).

There are many different types of student loans exist, it’s good to have some knowledge about them before you’re applying for one. Basically, there are two sources of student loans; either from a government or private lenders. Government student loans are usually preferable because they are subsidized and guaranteed by the U.S. government and have fixed interest rates that are usually lower than most private student loans.

To apply for a government student loan, you need to fill out the Free Application for Federal Student Aid (FAFSA). This form will calculate your ability to pay for college and determines the tuition amount you need. It basically evaluates your financial needs for such loan.

The four major types of government student loans are:

1. Stafford loan. This is the most popular type; it’s funded and guaranteed by the federal government; it can be either subsidized or unsubsidized or a combination.

2. Perkins loan. This loan is the same as a Stafford loan but currently has lower fixed rate (5%). You have to demonstrate financial need to be awarded this loan.

3. Parent PLUS loan. As its name suggests, this loan is given to parents for funding their child’s college education. The parent is the responsible party to pay back the loan. This loan usually has larger amount than the other types of loans.

4. Graduate PLUS Loan. This loan is like the Parent PLUS loan, but is given to graduate students only. If you are a full-time or half-time student attending a graduate program, you may be eligible for this type of loan.

All the loans above can be either subsidized or unsubsidized. With a subsidized loan, the government pays the interest on the loan while the student is attending school. With an unsubsidized loan the student is responsible for paying the interest.

For some people, student loans may be something they never have to deal with, but for those who are in financial need, a student loan can be one of the most important financial investments they ever make in their lifetime. We all know that a college degree can make a big difference when it comes to employment or professional careers. Most employers prefer to hire someone who has a college degree. Also, a college degree could give you higher bargaining power when it comes to negotiating your salary package.

Network Marketing Lead Generation the Right Way

Let me start off by saying stop buying generic lead list. Your wasting your money. They’re not your target market in the first place. I will tell you how network marketing lead generation should work for you when building your network marketing business. When I got started in network-marketing, I purchased over $6547 dollars worth of network marketing lead list. I did this because this is what I was told to do by my upline. Now don’t get me wrong here, their are many ways to build your business. However not everyone can be a master prospector when cold calling leads.

I cold called leads for over a year and a half and recruited over 150 people into my business. Today there are only ten of them left and no one is duplicating. This is the problem with cold calling. It’s not duplicable! I started to get sick and tired of the cold calling thing and new that their are better ways to build a network marketing business. I did some research to find out these top income earners were doing things different and they were not teaching it to their downline. However I found out what they were doing by doing my research. I started learning about network marketing lead generation, Internet marketing, PPC advertising etc.

What I found out about network marketing lead generation was quite amazing. When you generate your own true targeted network marketing lead list, you own that list and it’s not shared with five to six other network marketers. The lead list I’m talking about aren’t generic biz opportunity list. I’m talking about generating a list of people in your target market. That’s right, other network marketers are your target market. Did you hit the floor yet? Well it gets better. I also learned that by building a network marketing lead list doing your own network marketing lead generation, that you have the opportunity to market to that list whenever you want. Think about it, if you had valuable information that can help other network marketers out there build there business do you think they would buy it. You bet.

You see if you help enough other networkers with building there business with generic network marketing training information they will start to see you as a person of value that they can go to. You start to become their mentor. I also found out that networkers are hungry for training information to help build there business and that’s why they are your target market in the first place. So you market helpful information on the front end to them and this helps fund your advertising cost so you can go out and advertise and build a true targeted network marketing lead list endlessly. In the process of network marketing lead generation some of these networkers will want to get started in your primary business because how helpful you have been with them.

This is called attraction marketing. You see the big income earners don’t cold call lead list. They market generic mlm training information to them, continue to build a big list by funding there advertising. Then they recruit on the back end when they have built relationships with them. This allows them to recruit on demand. The best part is when your leads start calling you at your home to find out what your business is. How would you like that to happen to you. I can tell you from personal experience that this is how you want to start building your business. See how powerful this is? This is just some of the heavy hitter secrets that I wanted to share with you.

You must have a system in place that will give you the ability to make all this happen. A system that would prospect for you and generate this type of targeted network marketing lead list. It must be a system that would teach and train you at the same time. The system must be generic and allow any network marketer to use so they can start moving forward in their business. The system should help fund your advertising so you can build the most important asset to a network marketer and that’s their list. So start learning to do your own network marketing lead generation and venture out on your as the leader you are and learn some of these marketing skills.