11 Subliminal Identifiers Of A Floundering Venture! Companies That Are In Development Stage
Posted in Business World July 9th, 2008

It can be very difficult if not impossible to determine the status of a company by its financial statements alone, especially in circumstances where the company is in its initial product development phase. All of the normal financial indicators, that are normally utilized to determine a company’s status, such as sales, gross margins and inventory values are totally meaningless.

The question then becomes how does an investor determine if a business is on track if it is not expected to have any product sales at this time.

In general entrepreneurs are extremely optimistic and self-assured individuals. They have an undying belief in their product or service and what they are doing or trying to do and they have sold you, the investor, on the potential success of their business. Because of this, it becomes very difficult and embarrassing for the entrepreneur to admit, even to himself, that the business is not progressing as planned or advertised. The entrepreneur also generally believes that the problems are nothing more than hick-ups (the optimism) and that things will correct themselves over time, they believe that there is no need to put the investors into panic mode nor do they “need” to have the investors “hounding” them about the “small” problems that they are encountering. “After all the investors don’t have a true appreciation for the creativity and development involved to get the product to this stage, all they care about is making money.”

Over the years, I have taken note of what I consider to be a number of non-financial indicators that can provide you the investor, in advance of meaningful financial information, a suspicion that there may be a problem within a business.

Please bear in mind that not all of the indicators will appear in all of the cases. All of the items are based on change. If an entrepreneur has always operated in a specific manner then the fact that he is doing so now is probably a sign that things are proceeding along well. It is a change in operating style that could be the indicator of potential problems.

Operating changes that should raise a red flag include:

1. Middle management seems to have a high turnover rate:

Senior managers generally have a “commitment” to a company and to see a project through from start to finish. There is a level of professionalism and personal ego involved. Middle managers do not, as a general rule, appear to have the same commitment to an organization. Middle managers seem to be aware of problems instantly and are the first to look for new employment if they feel that their job security is threatened.

2. Monthly reports are delivered earlier or later than normal or skipped:

If the entrepreneur feels that the investor group is suspicious of a problem a report may be forwarded earlier than normal. It would appear that the mental justification is that having the report early will quell any suspicions of problems and build confidence within the investors.

If a report is filed late I have found that it is because the entrepreneur experienced a problem and was hoping to have a resolution to the problem prior to sending the report out.

Overall, I have found that a report filed earlier than normal, without any other justification of why it was filed earlier, is a more serious red flag then a report filed late.

In some cases a report may be skipped completely, besides the fact that this is a bad habit to indulge, it could be a sign of problems.

3. Monthly reports show very few negatives:

Every business experiences ongoing problems and challenges, whether they are internal or external. How problems are dealt with is the key to a successful business, not whether or not the business has problems. Reports to investors that do not identify any problems are unrealistic and should be questioned.

4. Monthly reports show very few, if any, failures and/or threats:

This is very similar to point number three. Every business experiences failures and threats of failure, whether it is a deadline not met, the loss of a key employee or a joint venture that didn’t come to fruition. Businesses that do not experience failures and threats of failure are not realistic operations. No failures, no threats, red flag!

5. Monthly reports do not provide continuity:

For instance, a report one month that shows an opportunity and the opportunity is not mentioned in any manner in the next months report. The same situation applies to threats. A threat to the business is reported one month and the following month it is not mentioned at all.

6. New opportunity conversations:

Conversations with the entrepreneur, whether in person or by telephone are always centered around or directed towards “new” opportunities in the form of additional products and/or markets, with little if any conversation about the original product or market.

7. Abnormal working hours:

The entrepreneur, and other senior management are working more hours and weekends.

8. Less contact between company directors/investors and staff:

If the entrepreneur always invited other staff members to board or investor meetings (with the consent of the board) and now he deals with the board and the investors on his own, it is a signal that there are problems within the organization.

If it was common for board members and/or investors to have a tour of the facilities and talk with other employees, when there was a meeting and those tours seem to have disappeared it could be a sign of problems.

9. Change of meeting venues:

If meetings were held at the company’s facilities and the entrepreneur has suggested utilizing a hotel or other outside meeting facility it should raise a red flag.

10. Telephone calls/email messages:

If the entrepreneur generally took your telephone calls and now has someone take a message and/or if you used to get a response to an email message in a short period of time and now that doesn’t happen it is an indication of a change within the business that may not be for the better.

11. The entrepreneur cancels or does not take a scheduled vacation:

I have found that one reason that an entrepreneur cancels a vacation is because he is concerned about what is going on within the business and does not have the confidence in his staff to continue without him. Secondarily the entrepreneur may be concerned that you will call during his absence and speak with someone else in the organization.

Robert Berman - EzineArticles Expert Author

Robert Berman is a business consultant specializing in business development, strategic planning, acquisitions & mergers and international sales & marketing. He has been a columnist for the National Post Newspaper under the byline of “The Business Doctor” and he has authored “The Business Buyer’s Manual”. He may be reached at Robert.Berman@businessbuyersmanual.com or visit http://www.businessbuyersmanual.com

Purchase Order Financing Basics
Posted in Business World July 3rd, 2008

Let’s say that your business suddenly gets a big order from your best client. However, it is an order that is clearly too big for you. What would you do? If your business has a good banking relationship perhaps you may be able to tap into a line of credit or a bank loan. But what happens if your business is small or new and you have no banking relationship? Do you turn the customer away? Fortunately, you don’t have to. Purchase order (PO) financing may be able to help you secure the sale and deliver the order.

What can purchase order funding do for you?

Purchase order funding is a tool that allows you to finance your big orders. It provides the necessary funding to fulfill orders that otherwise you could not afford to deliver. When used correctly, it can enable you to grow your company quickly

As opposed to bank financing, purchase order funding does not rely on your company’s financial strength. Rather, it relies on the financial strength of your customers. This means that if you sell products to large companies or to government entities, purchase order funding can be the ideal option to finance those sales.

Who is a good candidate for purchase order financing?

To qualify for purchase order financing, your company must sell products rather than services. An ideal candidate for this type of financing would be a product re-seller or distributor who is buying products from a supplier and then shipping the products to the client. Purchase order financing can also work in instances where products are sold in conjunction with services (e.g. maintenance), however, the product part of the order must be separate from the services component.

The business case for PO financing

PO financing is simple to use. The po financing company buys the products from your suppliers in your name, using a letter of credit or similar instrument. It then ensures that the products are properly delivered to your client. Once the order is delivered and approved by your client, the funds from the letter of credit are released to your supplier.

At this point, the order has been delivered and an invoice is issued. Most invoices take 30 to 60 days to pay. Once an invoice is paid, the transaction between the parties is settled. It is common to combine po financing with receivables factoring because this enables you to reduce the total cost of the transaction.

Receivables factoring is a type of financing that provides you with financing based on your receivables (or invoices) for delivered products. Usually, once an invoice is generated, the invoice is factored and the funds are used to close the po financing facility. This is done because the rates for po financing tend to be higher than the rates for factoring receivables. This little trick can help you save money and realize greater profits.

Although po financing is a great tool, it does not work for every company. However, if you have margins of at least 20% and good paying customers, you should be able to benefit from it.

About Invoice Factoring Group

Invoice Factoring Group is a factoring company that can provide you with a free receivables factoring or purchase order funding quote. Marco Terry, the president, can be reached at (866) 730 1922.

Copyright (c) 2006 Commercial Capital LLC. All rights reserved. Article may be reprinted freely, provided it is not modified and all live links are included.

Internet: Is It Saturated?
Posted in Business World June 29th, 2008

Thousands of websites popup on the internet everyday from people trying to make extra cash or even a living online. A lot of these sites are unoriginal and have no unique difference compared to their competitors. Due to the that fact many people fill that the internet is saturated. Some also feel that it will be harder to get good search engine position in the future and if you cannot do that you should not bother. Their are thousand of discussion forums, thousands of ecommerce sites, thousands of eBay stores, thousands of blogs, and thousands of other site but that does not mean the internet is saturated.

The main reasons one could argue the internet is not saturated is because even if you get millions of pages for a search term, many of those pages are from some of the same sites and many more are dead links and undeveloped sites. Another argument is the fact that the majority of people do not get organic search engine traffic, many of the people making 5 and 6 figure a year are advertising using pay per click, myspace, and offline advertising. An additional argument against the internet being saturated is the fact that Google came along and took over as the top search engine even though their where several established search engine already. YouTube, launched last year is the top video site even though their were similar sites launched before 2000.

For those that think the internet is saturated it is not, if you work hard, have a solid advertising budget, and can utilized the media to draw traffic to your website, there is no reason you cannot make 5 or 6 figures a month.

Finding an Internet Website Business that Works for You!
Posted in Business World June 16th, 2008

Here’s what I know about you! For the past few minutes you have been sitting at your computer, searching for ways to increase your income. You’ve been reading advertisements about affiliate marketing; some were obvious “get rich quick” schemes and others appeared to be legitimate offers by webmasters to develop new websites. The ads and opportunities seem to be everywhereevery search you do for “website marketing,” or internet business opportunities” just causes another mind-numbing list of thousands of offers, some sounding just a little too good to be true. Or, you have a great new product or service that you would like to sell, and you have no real idea regarding how to start a website business and get the word out to potential customers!

This isn’t the first time you’ve been on the web doing Google searches either. You know that people just like you are discovering ways to make a little extra money running internet-based businesses– and if they could figure it out, you certainly can do the same. But where do you start?

Like starting a traditional brick and mortar business, you have two basic choices. You can come up with the next new revolutionary product, service or idea (Dell computers, Google search engines, Starbucks coffee) and design a new website from the ground up to advertise your product or services. Or, you can choose to buy an existing website business that someone else has already put time and money into developing.

If you’ve decided that it might be easier to buy an existing business, you’ve Googled “website for sale” or other similar search phrases. You received dozens of hits from people advertising their individual website business for sale, just like you would see if you checked your local weekend newspaper under the category “Businesses for sale.” You’ve also seen ads for businesses that advertise themselves as “website brokers,” some of which offer to act as the middle man and assist you in finding and buying a website business.

Do your research and ask questions about website businesses that peak your interest. Check as many sites offering website for sale as you can find. Be wary of those who want to “broker” your purchase. Some questions that you need to answer:

Name of Website - Is it relevant to the products being offered for sale?

URL - Is the site currently active when you try to visit it?

Description of the website - Purpose, uses… interesting enough that others would visit?

Age of Website - If it has only been up for a few days, be wary.

Page Rank - Check any claims made

Number of Visitors - No visitors, no value

Revenue - Ask for verification

Expenses - Domain renewal, monthly hosting costs

Net Profit

What work is involved in running the website? Do you have the technical knowledge?

How many hours required to run the website?

Will the seller help with getting started?

How will the payment, domain transfer, hosting transfer be accomplished?

Why is the current owner selling the website?

You may not be able to cover all of these points, but the more information the better. If the seller can’t answer these basic questions, maybe you need to continue looking for that perfect web-based business!

Dennis Blasius recommends you check out: http://www.website-buy-sell.com

A free forum where internet website business buyers and sellers meet. Buy or sell a website today!

It’s Nicked - Intellectual Property Theft on the Internet
Posted in Business World June 9th, 2008

A few days ago I discovered someone had nicked one of my images and posted it on their site without permission. So what’s new you say, it’s the net, it happens all the time. That is true, but it is still theft. People who make photographs or write articles put a lot of time and effort into their creation and post it on the www for others enjoyment, or not as the case maybe.

That is what the net, especially personal web logs, is all about, sharing! But nicking somebody else’s hard work isn’t sharing. Putting a credit and link to where the work came from is, it becomes a swap of value for both parties concerned and that is sharing.

I email the guy who nicked my image requesting a credit and a link which he happily provided. His web log was interesting so I provided him with a link from one of my blogs which has related content, it became a win, win situation.

Most people would be flattered that someone else found their work interesting enough to post on their site. Not exactly a case of imitation, but very close and as the old adage goes imitation is the sincerest from of flattery. A credit and a link back and they would be happy campers and if they were told about it nine times out of ten a new friendship would be forged.

Although, there a few hard noses out there who would just send the owner of the site an invoice. If it is a commercial blog or web site, fair enough, but it’s a bit rough on personal web logs. In those circumstances, if you can’t afford the cost you would have to take the material down. But, for the personal blogger it would make for an interesting post in its self.

By the way it isn’t all that difficult to spot those sites that have articles or images that have come from some place else. A changing in prose style, images that vary widely in style, it isn’t rocket science. If the said material is unaccredited the site owner is a thief and what credibility do you accord thieves?

Henry Bateman is an artist/photographer, his work can be seen at http://www.pissedpoet.com This article first appeared on his web log pissedpoet pics.

Payroll Hawaii, Unique Aspects of Hawaii Payroll Law and Practice
Posted in Business World June 5th, 2008

The Hawaii State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is:

Department of Taxation
Withholding Tax
P.O. Box 3827
Honolulu, Hi 96812-3827
808-587-4242
www.state.hi.us/tax/tax.html

Hawaii requires that you use Hawaii form “HW-4, Employee’s Withholding Exemption and Status Certificate” instead of a Federal W-4 Form for Hawaii State Income Tax Withholding.

Not all states allow salary reductions made under Section 125 cafeteria plans or 401(k) to be treated in the same manner as the IRS code allows. In Hawaii cafeteria plans are: not taxable for income tax calculation; taxable for unemployment insurance purposes. 401(k) plan deferrals are: not taxable for income taxes; taxable for unemployment purposes.

In Hawaii supplemental wages are required to be aggregated for the state income tax withholding calculation.

You may not file your Hawaii State W-2s by magnetic media.

The Hawaii State Unemployment Insurance Agency is:

The Department of Labor and Industrial Relations
Unemployment Insurance Division
830 Punchbowl St.
Honolulu, HI 96813
808-586-8970
http://hawaii.gov/labor/

The state of Hawaii taxable wage base for unemployed purposes is wages up to $30, 200.

Hawaii has optional reporting of quarterly wages on magnetic media.

Unemployment records must be retained in Hawaii for a minimum period of five years. This information generally includes: name; social security number; dates of hire, rehire and termination; wages by period; payroll pay periods and pay dates; date and circumstances of termination.

The Hawaii State Agency charged with enforcing the state wage and hour laws is:

The Department of Labor and Industrial Relations
Enforcement Division
830 Punchbowl St., Rm. 340
Honolulu, HI 96813
808-586-8777
http://hawaii.gov/labor/wsd/index.shtml

The minimum wage in Hawaii is $6.25 per hour.

The general provision in Hawaii concerning paying overtime in a non-FLSA covered employer is one and one half times regular rate after 40-hour week.

Hawaii State new hire reporting requirements are that every employer must report every new hire and rehire. The employer must report the federally required elements of:

  • Employee’s name
  • Employee’s address
  • Employee’s social security number
  • Employer’s name
  • Employer’s address
  • Employer’s Federal Employer Identification Number (EIN)

This information must be reported within 20 days of the hiring or rehiring.
The information can be sent as a W4 or equivalent by mail, fax or electronically.
There is a $25.00 penalty for a late report in Hawaii.

The Hawaii new hire reporting agency can be reached at 808-692-7029.

Hawaii does allow compulsory direct deposit except for State employees hired after 7/1/1998.

Hawaii requires the following information on an employee’s pay stub:

  • Gross and Net Earnings
  • pay period dates
  • payment date
  • itemized deductions

Hawaii requires that employee be paid no less often than semimonthly; monthly if union contract or director of labor relations allows..

Hawaii requires that the lag time between the end of the pay period and the payment of wages to the employee not exceed seven days; up to 15 if the director of labor relations allows.

Hawaii payroll law requires that involuntarily terminated employees must be paid their final pay immediately or the next working day if immediately is impossible. The next regular payday if suspended due to a labor dispute or temporarily laid off.

Voluntarily terminated employees must be paid their final pay by the next regular payday or by mail if employee requests it; immediately if one pay period’s notice is given.

Deceased employee’s wages up to $2000.00 must be paid to the surviving spouse or adult children (in that order) within 30 days. Conditions require an affidavit of relationship and a receipt.

Escheat laws in Hawaii require that unclaimed wages be paid over to the state after one year.

The employer is further required in Hawaii to keep a record of the wages abandoned and turned over to the state for a period of five years.

Hawaii payroll law provides for a maximum tip credit against minimum wage of $0.25.

In Hawaii the payroll laws covering mandatory rest or meal breaks are only that minors under 16 must have a 30-minute meal period after five hours of work.

There is no provision in Hawaii law concerning record retention of wage and hour records therefor it is probably wise to follow FLSA guidelines.

The Hawaii agency charged with enforcing Child Support Orders and laws is:

Child Support Enforcement Agency
Department of the Attorney General
601 Kamokila Blvd., Ste 251
Kapolei, HI 96707
808-587-4250
http://hawaii.gov/ag/csea
.
Hawaii has the following provisions for child support deductions:

  • When to start Withholding? first pay period within 7 days of mailing
  • When to send Payment? Within 5 days of Payday.
  • When to send Termination Notice? Immediately
  • Maximum Administrative Fee? $2 per payment
  • Withholding Limits? Federal Rules under CCPA.

Please note that this article is not updated for changes that can and will happen from time to time.

Charles J. Read, CPA has been in the payroll, accounting and tax business for 30 years,
the last fifteen in private practice. Mr. Read is the author of “Tax and Accounting Issues
in Forming a New Business.”

To find professional payroll services at a budget price go to www.payrollonabudget.com
a paperless payroll company.

For a full service payroll bureau with CPA’s on staff visit www.CustomPayroll.com .

See an excerpt of Mr. Read’s interviews from William Shatner’s “Heartbeat of America”
television show on the web sites linked above.

Setting Up A Business In Bulgaria
Posted in Business World June 3rd, 2008

Limited liability company (OOD) is one of the most popular legal forms for carrying out business in Bulgaria. The second form is joint stock company (AD). The common between them is the shareholder’s liability - is restricted to the amount of his share in the capital of the company.
If an individual establishes OOD or AD, the one-man company is called EOOD or EAD. These forms are preferred by foreigners to acquire an ownership over land in Bulgaria. At present foreign individuals are not allowed to own land in Bulgaria. Any foreigner who wants to buy land in Bulgaria can do it through establishing a local company. Those restrictions will fall in 2014 at the latest.

The law in Bulgaria also provides for sole trader operations (ET), joint ventures, branches, holdings, cooperatives and representative offices. They all have to be registered with the district court, which is a process that usually takes 2 or 3 weeks.

It is absolutely necessary to use a consulting firm to handle the whole company registration process for you. Bulgaria Consulting aims to be the first point of contact for any firm seeking to enter the Bulgarian markets. Bulgaria Consulting is a Bulgarian-English company, based in Sofia, Bulgaria with representative office in London, UK. We offer a wide range of consulting services in Bulgaria for foreign companies interested in the region.

For more information or to contact Bulgaria Consulting, please visit our web site: http://bulgaria-consulting.mybestshop.co.uk/index.html

Starting a New Business - Your Business Framework - What Scaffolding Do You Need?
Posted in Business World June 3rd, 2008

When starting a business of what ever kind, large or small, there is a always a require framework or scaffolding that you have to set up. Not only does this make your business much more effective, but it also saves you from a lot of embarrassing and costly problems. Here is your framework:

1. Business Name. Choose an appropriate name that sums up what your business stands for. It has to be unique - try and ensure that a suitable domain name is also available as you will probably want a web site as well. The owner of an established web site might cause problems if you give your brick based business the same name - so be careful in your choice.
2. Your Business Entity. Obtain professional advice as whether to the best way to set up your business as a limited company, partnership etc. Then register your company.
3. Patents and Trademarks. If you have unique products then you need to ensure that you have registered your patents before your start trading. Similarly any product names, mottos, selling tags etc should be trademarked. Take professional advice on how to do this..
4. Licenses and Permits. Ensure that you have all the licenses and permits that you are legally required to have.
5. Insurance. You may think that you don’t need this but you do and will. So take out property, business, vehicle liability, staff and disaster insurance. A good broker can advise you.
6. Taxes. A necessary evil I am afraid. Register with your local tax collector. Set up a good accounting system and hire a good accountant.
7. Employment Laws. Establish what you local employment laws are and ensure that you adhere to them. Set up employee guidelines and handbooks. Make sure you hire and fire legally.
8. Banking. Visit your local banks and find the best business bank account and credit card for you business. Always keep your business and personal spending separate.
9. Business Plan. This is your carefully written plan on how you want your company to operate, what you want to sell, where and to whom. It includes your business and marketing strategy as well as your financial standing and projections. This is the foundation of your business.
10. Liquid Cash. Ensure that you have enough money to carry your through the first few months of your business as well as any foreseeable troublesome times ahead.

When you start up your business, remember to tick off the 10 items above and you will have a very sound start to your business.

————————————————-

© Copyright 2006 Biz Guru Ltd

Lee Lister writes as The Biz Guru, for a number of web sites including her http://www.clikks.com where she sells her informational products. With over 20 year’s management and business consultancy experience with businesses large and small as well as being a serial entrepreneur, she now helps others set up, develop and market their businesses.

If you would like more help and assistance in setting up your new business then visit http://www.startmynewbusiness.com for advice and assistance.

This article may be freely distributed if this resource box stays attached.

————————————————-

Lee Lister - EzineArticles Expert Author
How to Harness the Power of Intuition in Your Business
Posted in Business World June 2nd, 2008

It is my opinion that men and women start
to become great when they begin to listen
to their inner voice, their intuition.

When you begin to use it regularly and
systematically, there is virtually nothing that
you can not accomplish.

You may experience your intuition as a gut
feeling, as an inner sense of what is right
and wrong for you.

Sometimes your intuition manifests itself
as a hunch or an inspiration.

Often, it comes as a flash of insight. Your
intuition leads you to new ideas, concepts,
and breakthroughs.

And even sometimes an intuition insight will
enable you to see a problem from a new
perspective and allow you to solve it on a
completely different level.

There are two major forms of imaginations
both of which require the highest use of
intuitive powers.

They are synthetic imagination and creative
imagination.

Synthetic imagination is your ability to
assemble existing pieces of knowledge and
information into new forms.

It is much like taking all the pieces of a jigsaw
puzzle, having a clear idea of the picture that
you want, and assembling the pieces into a single
finished product.

Creative imagination is a higher power of
imagination resulting in completely new and different
ideas and concepts to solve your problems and
achieve your goals.

This power of imagination is at the core of all great
breakthroughs in science, technology, art, music,
literature and medicine.

It has been estimated that you need between 20,000
and 50,000 bits of information at your disposal to be
successful in any field of endeavor.

We live in the information age, and knowledge is the
raw material of production in this age.

Your intuition is your direct pipeline to a power of
intelligence that is completely beyond your conscious
brain. It is accessed by your subconscious mind,
which is controlled by the thoughts you think and
the beliefs you hold on your conscious mind.

The more often you affirm and visualize your desired
goals in your conscious mind, the more readily they
are picked up by your subconscious mind, and the
more rapidly you intuition or creative imagination is
triggered.

You can overcome any obstacle, solve any problem,
or achieve any goal by tapping into the incredible
powers of your mind and by trusting your intuition.

Once you begin to develop and use your intuition,
you will become more alert, more aware, smarter
and more effective in everything you do!

I hope you start TODAY with listening to that small
still voice in the back of your mind. If you make
it a habit to listen to that small voice, I GUARANTEE
you will never make another mistake again!!

You never know what one idea could be worth!

Listen to your guiding voice and take Action!!

By Shelby Collinge

Do More With Less

Learn to Harness the Power of Leverage in Your Business!

Copyright (c) 2006 Limitless Possibilities, Inc. All rights reserved
Feel free to publish this or pass this on in it’s entirety. For more information or to contact Shelby you can call (800) 680-4438 or please visit: http://www.shelbycollinge.com

Shelby Collinge

Do More With Less

Learn to Harness the Power of Leverage in Your Business!

For more information or to contact Shelby you can call (800) 680-4438 or please visit: http://www.shelbycollinge.com

Five Best Ways To Build A Network
Posted in Business World May 12th, 2008

I have been working from home on the internet for over 3 years
now. 18 months of that was spent trying out various different
programs trying to find things that would work for me and this
done nothing more than cost me thousands of dollars and also
caused me to neglect my family friends and my health, as a
result I then took a break from internet marketing and got my
life in order.

After almost 9 months of rest and recovery I decided to give
this industry one last try so I got in contact with some of my
old friends online and found out what they where involved in and
found out exactly what was working online and I then got
involved with a 7 year old company called Empowerism which I
have now been working with since October 2004.

I quickly learnt that when promoting a product online there is
one thing that everyone needs and that is traffic. Now you have
to remember that by generating traffic you are not selling a
product but are simply getting people to the product and
allowing the website to do the selling therefore you can see the
importance of firstly having a website which is full of good
information and content along with driving insane traffic to
your product.

There are various ways in which you can generate traffic and
leads:

You can create what is called a capture page where your visitor
will input their Full name along with E mail address and any
other information you wish then they will be redirected to your
website and this information will be added to your autoresponder
which will then send out automated promotional sales letters.

Once you have a capture page setup you must then get visitors
you can do this by advertising your page in what is called a
traffic exchange where you can surf other members sites and in
return they will surf yours, this method is proving to provide
some people with 150+ quality leads per month to which they can
then follow up with their autoresponder or any other method they
wish.

You can also put out adverts or letters in ezines giving the
prospect relevant information about your opportunity along with
a link to your capture page and you can then capture the lead
this way.

Banner adverts are also a good idea as people tend to notice eye
catching advertisements like this and as there is not much
information on the banner they often find themselves curious and
clicking to get more information.

Advertising to quality opt in leads is very good as these are
people who have provided their details so that you can send them
out information via e mail regarding an exciting business
opportunity however you have to carefully choose your lead
sources that you are going to purchase from in order to ensure
quality along with quantity.

Dilligent tracking of results is more important than anything
else I have mentioned as there is no point firing from every
direction if you do not know which direction is responding as
you could be spending hours per day putting out ads that are
generating no results when you could be putting out more ads
that will.

I have now listed several resources which should assist you in
carrying out the tasks above, links to these recources can be
found at my website the url is contained at the bottom of this
article.

No More Hits, traffic exchange and banner ads

Ezine Blaze, ezine advertising

Leads at Empowerism, top quality opt in leads and capture pages

Results Tracker, dilligent ad tracking

I hope the information above benefits you greatly as it has done
for me.

Yours Truly

Mark Shields http://www.success-coach.net