Tuesday, August 30, 2011

FIVE REASONS WHY BUYING YOUR OWN BUSINESS IS BETTER THAN BUYING REAL ESTATE - Part One



Reason #5

Seller Financing – Unlike in real estate where Seller’s and real estate agents look at you like you’re from another planet when you bring up Seller financing, when buying a business it’s very customary and not out of the ordinary to request and get Seller financing.
Matter of fact, it could be a potential red flag when a Seller won’t offer financing. But Seller financing is usually pretty easy to negotiate, especially if you’re bringing a lot of other influencers to the table (experience, down payment, a business or marketing plan).  
Owner-financed sales are nothing new—75 percent of all small-business sales involve some amount of seller financing—but traditional and Small Business Administration lenders now want a greater hedge on their bet.
Seller-financed transactions are especially common when a cash sale or traditional lending is difficult to come by, and the business doesn’t meet requirements for a venture capital investment. Without the typical intermediaries, flexible terms (payment schedule, loan period, interest rate, etc.) can be worked out based on the unique circumstances of the sale.

Should a start-up outsource at an early stage?



QUESTION FROM STARTUPNATION.COM
I have started a new venture with one of my partner in the telecommunication space. We are thinking to outsource but we are not able to decide it. We need some opinions whether a startup should outsource at an early stage or not......suggestions would be appreciated.


See the answers here

How To Build Business Credit For Your Start Up in Today's Economy



Are you using credit to help finance your new business venture?
You’re not alone as statistics show that over 65% off all business owners use credit for business purchases.  But what’s alarming, is that only 50% of those cards are actually in the business’ name.
As a business owner using personal credit cards for business is a risky approach since you assume total liability and if your company is sued or fails you risk losing personal assets and good credit ratings as well.
So how do you go about building credit in the company’s name without putting your personal credit on the line?
For starters, if you operate as a sole proprietorship you’ll need to incorporate your business and obtain aFederal Tax Identification number.

Google Maps — Now With Voice Search


Google Maps — Now With Voice Search

Voice search all began for Google several years ago with the now-shuttered, free directory assistance service GOOG-411. After the underlying infrastructure had matured Google introduced it on Android devices and in its iPhone apps. More recently, in July, the company put the same voice search capability on Google.com on the Chrome browser for the PC.
While voice search on mobile devices is widely used it’s not clear whether many people are yet searching with voice on their PCs. (Insert Star Trek joke here.) In October 2010 Chitika found that voice search was responsible for 7 percent of Google mobile queries on the iPhone and 25 percent on Android devices.

Monday, August 29, 2011

UPDATE: Zero to a Million in 365 Days 08/29/2011 5:02 PM



Created a Facebook Fan page!

Created a follow me on Twitter Button on Blogger


Still haven't started content for class :(

UPDATE: Zero to a Million in 365 Days 8/29/2011 2:29 PM

Searching for sound editors and wave files.
SOUND EDITOR
http://www.aviary.com/tools/audio-editor I haven't tried it yet but I'll keep you posted.


SOUND EFFECTS
A good place I found for sound effects are http://www.flashkit.com/soundfx/
it's free so far and it seems to be pretty good. I looked at some others and they all cost money so that doesn't fit our zero to a million budget.

Youtube has a basic video editor @ http://www.youtube.com/editor
It's pretty basic but I think it'll get the job done.


UPDATE: Zero to a Million in 365 Days 08/29/2011 10:35 AM

So this is an update about what's going on with Zero to a Million in 365 Days. This morning has been a learning morning, learning about twitter (information overload), learning about online webinar stuff (information overload), learning about hootsuite (information overload), and now I'm back to creating content.

It's fun but it's going to be a long day!

See you around and check back often.