Due to the economic slowdown, it has become inevitable to look out for alternative income sources. Starting a home based business is not quite a difficult task. Actually, it can be done quite conveniently. Starting a business such as this you need not be well educated but basic computer and Internet knowledge is a MUST!Starting a home based business is not at all a costly affair. All you need is as less a money say $50-$100. The other basic requirements are a computer with a great Internet speed. Initially, it is quite tough as to what home based business to start when one feels financial crunch and has shortage of funds. Before you jump to any business plan, give it a cool thought, viewing all the prose and corns in your mind and proceed further.One must choose a business venture which suits ones personality and has some basic knowledge about it. There are several home based business options to choose from:
Affiliate marketing
Content Writing
Lead Generation for various banks, insurance Companies, loans and Mortgage
All these options require zero investment. All you need to do is get your self registered with some affiliate marketing programs and get your personalized link, which you will use for all your affiliate marketing of some products or services. You can get affiliation for various products and services to increase your product base. This helps you make fast money, as at times a single product may not yield desired results. It is advisable to affiliate products which already have good market capture and are in demand round the year.Content writing and lead generation is also quite a fruitful way to gain additional income. It also requires no investment. All you need is good writing and convincing skills. Article, blogs and forum writing is quite popular and one needs good knowledge of English language and necessary research and paraphrasing skills.One thing you must do to make your business get noticed in get your website Search Engine Optimized. A high ranked website is considered to be more authentic by potential customers and value it more. With more people visiting your website, the chances of converting it into a potential sale is quite high.In case you are completely broke, you can ask for loans from various banks who offer loans at quite optimum interest rates to start your own Internet home based business. All you need to do to procure loans is present bank your business proposal and ask for the loan. Generally, as the amount is quite insignificant the bank lends the money quite easily without much of formalities and issues.The above information is sure to help you start your own internet business even in case there is shortage of funds quite easily. So, now don’t waste more of time, wear your thinking hat and Get, Set, GO!
How to Start a Home-Based Business in the Recession With a Shortage of Funds
UK EIS Investments
The Enterprise Investment Scheme (EIS) has been designed by the UK Government to encourage private investment into small, high risk trading companies by offering a range of tax incentives.
Providing the underlying investments made by the EIS are held for at least three years (for Income Tax relief and tax free growth), the current tax reliefs available for UK investors are:
30% upfront Income Tax relief up to maximum investment of £1 million, which can be carried back to the previous tax year
100% Inheritance Tax relief (provided the investments have been held for at least 2 years at time of death)
Capital gains tax deferral for the life of the investment
Tax-free growth
Tax relief from investment losses
If you are looking to invest across a range of EIS managers and would like a simple way of administering your investments, the scheme has been designed with you in mind.
EIS may be right for you if any of the following statements apply:
· You have significant savings and want to diversify your investments while benefiting from the tax incentives
· You are keen to benefit from the growth potential offered by investment in smaller companies
· You would like to reduce the potential Inheritance Tax due on your estate
· You would like to reduce your Income Tax liability
· You want to defer a capital gain
· You have a significant pension fund but are now exposed to the Annual Pension and/or Lifetime Allowance
· You have elected for Pension Enhanced Protection or Fixed Protection
· You want a tax efficient savings vehicle without the restrictions attached to pensions
· You are a UK resident non domicile and would like to remit overseas income and capital gains tax free
We believe that EIS/SEIS portfolios are the investment of choice if you want to make larger contributions to fund your retirement in a tax efficient manner.
However, the tax benefits of investing should be your secondary and not primary reason for investing. EIS (and SEIS) is designed to provide an excellent investment opportunity in its own right.
Direct Application:
Investors can choose to invest via an offer to purchase new shares directly into an EIS qualifying company. The biggest benefit of this option is that the investor has direct control over the investment. However, not many people have the skills needed to carry out the necessary due diligence needed and the lack of thorough due diligence carries exceptionally high risk.
Investors who are seeking a more diverse portfolio may find this investment option a little less attractive as “all their eggs will be in one basket”. Additionally, the same benefit (more control) can also be a drawback as investors will not have the benefits of working with professional advisers.
A discretionary service:
This option allows investors to invest their EIS/SEIS money through a discretionary manager. For most investors the attractive aspect of this option is access to professional advice and information via trained and qualified personnel and recommended by a financial adviser. An adviser will likely simplify the investment process by handling special paperwork and dealing with other details.
However, as with a direct investment, the client is likely to be invested in a small number of companies and very exposed to the fluctuation in valuation
A platform:
You can use a platform offering EIS/SEIS solutions for EIS/SEIS investors, helping to simplify the EIS investment process. From those looking at longer term investment (perhaps for those considering inheritance tax (IHT)) to those looking for more “asset focused” investments, to those considering Seed EIS investment.
With the availability of a wide range of managers, clients and advisers can significantly reduce risk with greater diversification all within one application form.
Start A Home Based Business – 3 Fantastic Benefits Of Starting A Home Based Business
If you want to start a home based business, you are definitely not alone, as more people than ever are striving to earn either a supplemental income or a full-time income with this home based business. While the steps to achieving success are quite simple in theory, the reason most people will fail is because they simply do not take the time to learn the steps required to do things the right way. Thus, if you want to achieve real success, build a real business, and have it bringing in money for you for the long-term, your first step should be too seek out a mentor that has already done it and learn from them.Since achieving success with your home based business is the ultimate goal, let’s take a look at three reasons why many people are taking the home-based approach these days:#1 – The start-up costs are extremely lowThe cost to start a business at home these days is so extremely low that anybody, no matter what their budget may be, can start a home-based business and achieve fantastic results. A realistic cost for start-up, when doing everything the right way, should be no more than $25. And while you may think you need to spend thousands to achieve any real success, this is simply a misconception and the only money you should spend is to educate yourself about how to run your business.#2 – The ability to stay at home with kids and familyThe ability to stay at home and run the house, raise the kids, or stay with elder family members is something that everyone is looking for these days. Since people are realizing the importance of family more and more, starting a business from home is giving them the freedom to enrich the lives of their loved ones much more than if they had to go to a real job somewhere else.#3 – You can run your business from anywhere with an Internet connectionPossibly one of the nicest aspects of running a business from home is that you don’t necessarily have to be at home, you only have to be somewhere where you can access the Internet. This means you can travel and still take care of your business, which is a great way to get more done while still enjoying your freedom.