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Start Building Your Own Solar Panel System Today For a Minimal Investment – Don’t Delay Anymore!

Beyond the shadow of doubt, solar energy has a lot of benefits. For instance, today many companies and big industries that depend on oil are getting worried because oil wells are drying up. In a few years, there will be no oil in the wells. As for solar energy, you will never have to worry of it being depleted. It will always be there, as sunlight is a very consistent source of energy. Pickup a “building a solar panel today” guide and get on track to stop paying your electricity bill every month!

Fossil fuels emit harmful chemicals, which are referred to as green house gases into the atmosphere. These gases have led to global warming which is a crisis if not dealt with immediately can be disastrous. As for solar energy, no emissions are released into the environment. Therefore solar energy is environmental friendly. It helps in protecting the environment making the air we breathe fresh. In the long run, solar energy is cheaper than buying it from power companies. The start up fee can be a bit expensive, but building a solar panel is like a long term investment. You will reap the fruits of the investment for a very long time. If you are building a solar panel that is big enough, you can sell the excess electricity to power companies. It’s like you are now in a business of selling excess power to the electricity company, which could not be the case if you had not get involved in building a solar panel in the first place.

Most governments will give tax credits or some incentive for people purchasing solar systems or considering the idea of building a solar panel. This is meant to encourage people to adopt environment friendly source of energy and help reduce green house emissions.

Solar energy is not affected by forces of demand and supply as it is the case with fossil fuels. Actually, no matter how large the demand is, the supply will be more than enough– enough for the richest man, and enough for the poorest man.

Another benefit of solar energy is that it reduces our dependence on oil producing countries. For instance many investors from the west depend on the oil in Middle East. A country like China, which is an upcoming world superpower, has a lot of industries and as a result they can’t do without oil which produces the energy required to run the industries. It over relies on oil for its industries. Of all energy sources, solar energy and wind energy are ranked the best because they are renewable, consistent and environmental friendly.

7 Crucial Things to Consider Before Starting an Online Business

After all, there is nothing worse than investing your time and hard earned dollars to find that six months down the road, your home business has gone nowhere and another Monday rolls around and back to work you go.

With that in mind, here is a list of what to look for when evaluating a home business.

1. Find a business that has a unique product and is in high demand. Does the world really need another vitamin distributor? Also, make sure that you separate the product from the business opportunity. Ask yourself, “would this product benefit me” or “would I want this” if it did not have a business opportunity attached to it.

2. A lucrative compensation plan – That means large upfront commissions and generous backend residuals. Let’s face it, when you got into the business you did so to make money. Up front commissions of $100 will not get it done and will not provide an incentive to others to join your team. Also, when people see you making money, they are going to want to do what you do. Eventually this will allow you to build a team of successful online marketers. Look for a company that pays generous back end residuals. You have worked hard to build your team and you deserve to be able to step back and enjoy the fruits of your success.

3. A “duplicatable” marketing system – you may have a great product, but if you have no way to market it, you are dead in the water before you get start. Having a marketing system that can be duplicated is KEY to your business success. Make sure you evaluate their marketing strategies. (Do you really want to be doing hotel meetings?) Right now there are 1.4 billion people with access to the internet. Does the company offer marketing strategies to take advantage of that?

4. Company management – There can be nothing worse than spending two years building your business and then watch the owners sail away to an island with the company profits. Find a business with a track record and high integrity. See the owners as your business partners.

5. Global expansion – Make sure the company has room to grow. To use the earlier example, do nutritional products really have room to grow? Look for products that have the least government red tape and are marketed globally.

6. Does your company give back? Yes, we understand that it’s about the money. But a company should have a sense of social responsibility and contribute to the betterment of our world.

7. Support and Training Network – Most companies fall short in this area. Can you get help with marketing? Do they provide training regarding their product line? How about an online forum? Will they challenge you to grow personally as well as financially?

Take these to heart and use as your personal guide when evaluating business opportunities.

Over 40 million people will be looking for a home based business in the next 2-5 years. (Forbes Magazine) Wouldn’t it make sense to position yourself and your business as a leader in this industry and help them take advantage of what Donald Trump and Robert Kiyosaki have called the new business model?

Preparing Your Business For Sale – How to Cash Out

Savvy business owners know that to run a successful company you need to be a great marketer, control your costs and deliver unbelievable customer service. However, when it comes time to sell your business, it’s important to plan a strategy that will leave you and your company in a great position. Creating and implementing an exit strategy for your business can provide you with a lot less stress and peace of mind knowing that when the time comes to sell, you’ll be ready.

The sale of your business should be a planned process to yield you the highest possible price for the company; not a knee-jerk sale based on uncontrollable circumstances like health problems, financial issues or an untimely death.

Developing a successful exit plan should begin well ahead of your targeted exit date (I recommend at least three years). Here are some things to consider as you get started:

Get your personal financial picture in order.
As a future seller, be sure that you have adequate protection with life insurance, disability insurance and even business interruption insurance to protect your company in the event that a disaster occurs.

I also suggest meeting with a certified financial planner. Often a seller’s largest asset is their business. If an owner is forced to sell after several months or years of minimal profitability, they won’t be able to sell for the maximum price and may not be able to exit with the cash they had anticipated. A planner may recommend building up cash reserves or acquiring real estate to balance out your portfolio.

Understand what buyers are buying.
Most business buyers are first and foremost buying cash flow or net profits. Demonstrate the financial strength of your business by supplying them with (at minimum) 3 years of profit and loss statements, 3 years of federal tax returns, equipment list, inventory list and a copy of the facilities lease.

Equally important is the building lease. When a business changes hands, an important element for a new buyer is to be able to secure a long-term lease. Lease negotiation can make or break a transaction so it is best to know the landlords intentions as soon as you make the decision to sell.

I also recommend systematizing your business by creating an operating manual for each area of your company. Standard operating procedures provide a buyer with an existing system for success and will allow you to easily transfer information to the new owner.

What’s it worth?
Now that you understand what a buyer wants, you need to determine what you as the seller want. Every seller must ask themselves, “How much cash do I want to receive at the closing?” or “What is my premium price?”

A key component to achieve the highest price is for the seller to offer to carry a promissory note, making the seller the banker for a certain portion of the purchase price. By offering to carry a note, the seller demonstrates to the buyer that he or she believes in the business and that they will remain financially invested in the success of the company after the sale.

When pricing the business for sale, the more reasonably the business is priced, the faster the business will sell. Be sure to enlist a certified business appraiser or an experienced business broker to provide you with an opinion of value. By adding the value back to the financial statement, a buyer will have a better idea of how much income he or she can expect to receive when they take over the company.

After receiving a valuation of your company, compare the current value of your business to your proposed exit date and premium price expectations. Is your premium price realistic? Is the time frame realistic to reach the necessary sales levels to achieve that price? In order to reach your goals, all elements must come together.

Getting your maximum price.
If you determine that you will not be able to achieve your desired price, you must begin to implement strategies for change as soon as possible. Start with a simple SWOT analysis looking at the strengths, weaknesses, opportunities and threats of your company. Necessary strategies might include creating a marketing plan to increase your sales or a cost containment strategy to reduce your expenses.

As a business owner, you deserve the highest possible price for your company. Plan your exit strategy with the same amount of thought and detail that you plan your customer service strategy or craft your marketing plan. After all, all business owners will exit their business whether they plan for it or not, and a good plan can be the difference between the “retirement” of your dreams or just a long vacation.