In the past, the main source of income that a lot of people are most acquainted with is the linear kind-this is the kind of income wherein the amount of money an employee ears in directly proportional to the work they do. This is how most corporate systems work. They show up for work everyday, get paid bi-monthly, and are allowed a number of sick and vacation days every year. However, once they exceed this allocation, the number of days they don’t show up for work will be deducted from their paychecks.Nowadays, a new kind of income opportunity has become attractive to executives, and through this, they do not have to worry about using up all their vacation days just to enjoy leisure time. This is through venturing in home-based business. Since connectivity has become easier through the Internet, many have seen the rise in numbers of executives who quit their corporate job and have chosen to start earning money from home. Many people have an aversion to the word “business” mainly because it has always been perceived as something that is complicated and something not everyone has the capacity to do. The truth? With proper motivation, and by making wise choices about the company you are partnering with, anyone can actually mount their very own home-based business. If you are still not convinced, we have come up with a list of reasons why putting up your business at home might just be the right boost your finances needs.First of all, you get more freedom in terms of time. You do not have to rush along with everybody else during your rush hour commute, just to get to your job. In fact, you do not have to show up for work at all, since you are working from home. More than simply saving gas or commute money, you save time. Let’s say you spend two hours commuting to and from work everyday. If you do that for a week, that is actually 10 hours of your life you spent commuting. You could have done something else with that time-golfing, watching your favorite TV shows, knitting, spending more time with your family, but definitely not commuting!Second of all, you can earn way more than what you will ever make in your office job. As we mentioned earlier, most office-based jobs only offer income that can be quantifiable with the amount of work that you render. Not working that way is one of the greatest things putting up your home-based business could offer. You could actually dictate the amount of earnings you will have in this kind of set up. Most people say that this is dependent on the capital that you are investing, but it is actually more than that. Since the turnaround of ROI is pretty fast with most home businesses, you will be at the liberty of choosing to expand your venture in a matter of months. In fact, a lot of entrepreneurs who have mounted their own home businesses have managed to triple their investments in just one year.Lastly, home-based businesses have higher success rates than freestanding businesses or franchises. Like everything else, you would want to put your money into something that has fewer risks, or if even possible, risk-free, right? That is another unique thing that a home-based business has to offer. It allows you to be flexible enough in terms of finances, collaterals, and all the other requirements, which allows you to be more in control. If having control means less chances of your business failing because of loose ends, then venturing in a home-based one definitely puts you in a very good place.If you get that sudden surge of excitement with every item that we laid out, then a home-based business is definitely a good choice for you. Not only will you get the work-life balance a lot of people have been chasing after, but you also get a chance to actively dictate what the future will have in store for you in terms of your finances.
Trying to Create a Successful Home Based Business?
If you are an experienced network marketer or pretty new in this industry and you’re trying your best to create a successful home based business, then you must understand why pitching your business opportunity to others will result in your failure 97% of the time.The minute you mention this NEW opportunity to your friends or relatives, most of them automatically go into defensive mode. As a result of the exposure through the years in the history of network marketing, hearing here and there how SIMPLE and EASY it is to have a successful home based business and get Rich in NO TIME, and how anybody can make it happen almost in autopilot, and all you have to do is bring 2 who bring 2.But the problem is, this is not the first time they have heard that and the network marketing industry has a terrible reputation especially with the incredibly high failure rate. That leads to this question. How do I market this business and what should I lead with?”Well there are two ways, in the path of creating a successful Home Based Business; leading with your products and leading with the opportunity.Let’s see… If YOU are only promoting the opportunity and in how much money can anybody make, let’s face it Who in your warm market is going to believe in YOU to show them How to become financially free if you haven’t been successful yet?No matter what you or your Up line tell or show your prospects, sooner or later if they don’t see a return in their investment they will simply stop consuming your products.Or, If the only motivation they joined your organization is “because they want a successful home based business to make a bunch of Money” As soon as your down line hear about another opportunity out there if they don’t find any personal benefit in your products or services they won’t think twice to go ahead and get involved in that new gadget just for an extra buck!In the other hand……What if YOU start being an Expert in what your products have to offer?Let’s picture for a moment how different your home based business would be, when you treat it as a “Real Business” and stop promising Your prospects that they will get a HUGE check in the first month they sign up.First of all to create a Successful Home based Business, You really need to be passionate about your products or services.EXPERIENCE IS KEY when it comes to build a solid network marketing organization.What if you only FOCUS in becoming an expert in the benefits of your products or services and then talk to people already interested in what you have to offer, this is the ONLY WAY to start building a solid clientele and finally stop begging your circle of influence or WARM Market to join you.Don’t you think it makes more sense, If we look at it as a conventional business? Providing your clients the products that fulfill THEIR needs, this is how you can FINALLY create loyal consumption and what creates that successful home based business and therefore you finally start generating that dreamed Residual Income.Hope you find this information helpful, and makes you stop and analyze your current activities toward the intention of growing your networking business.
Small Business Health Insurance: Big Benefits for Small Companies
Although Canadians are covered for a substantial portion of their health care expenses by their provincial plans, certain areas of care lack coverage or have limited coverage. Group insurance acquired through an employer is a common method of obtaining coverage to fill those gaps. Small business health insurance is designed to provide group coverage for small companies, offering the same types of employee benefits as those presented to large companies.
Who Qualifies for a Small Business Group Policy?
Companies with two or more employees can usually qualify for a small business health insurance plan. However, each insurance company makes its own rules; some providers may necessitate 5 or more employees to qualify for group insurance, while others offer options for companies as small as two.
There are also policies available for companies that consist solely of the business owner. Such plans allow individuals just starting out in business to obtain coverage for themselves and their dependents until the need to hire staff presents itself, at which time they can apply for a typical small business health insurance policy.
It is irrelevant how long you have been in business or what sort of company you run; these factors have no impact on qualification, but they can however influence the rates. For example, a company engaged in potentially dangerous work might find that their rates are higher than a company who is not, due to the fact that the risks are higher.
Can Full-Time and Part-Time Employees Receive Benefits?
Who qualifies for benefits on the group plan is up to the business owner to decide. An employer can choose to offer the benefits solely to full-time employees, or include part-time employees and even contractors hired on a regular basis as well.
Some employers offer certain benefits to part-time employees and a large range of benefits to full-time employees, while others adjust benefits based on an employee’s seniority in the company. An employer’s decisions regarding group insurance can be changed over time, allowing for adjustments to the staff and growth of the company. At some point in time, many change the policy to include coverage for part-time employees, or add different coverage options to accommodate individual needs.
As health needs differ from one person to another, some companies allow their employees to select the type of coverage they want. For instance, a person wearing glasses might find vision care an important option, while a parent whose child will need braces might find dental care coverage a necessity.
What Benefits Does Small Business Health Insurance Offer?
A small business insurance policy for supplemental health coverage provides benefits to the business owner as well as for the employees. Under a group policy, you can have coverage for what would otherwise be out-of-pocket expenses in areas like dental care, vision care, prescription coverage and other areas including disability insurance, life insurance, alternative health care insurance and much more.
Offering a benefits package is strong incentive for employees to stay with the company, lowering staff turnover and minimizing the costly and time consuming hiring process. It also attracts potential applicants as the company is viewed as one that values and rewards its employees.
Small business owners get a tax deduction for premiums paid toward a group health insurance plan. From an employer’s financial standpoint, that aspect is appealing.
What Insurance Companies Offer Small Business Health Coverage?
There are many insurance providers that offer small business health policies to Canadian companies. You can buy a group plan from the same big name insurers that offer benefits to large companies, enabling you to take advantage of the wide range of resources and competitive prices. You can compare rates and coverage, request quotes and then choose the company that is right for you. You should not have to settle for anything less than the best coverage for the best price for your small business.
To have a small business health insurance policy in place from the onset of your company makes for easy adjustments as the company grows. New employees can be included and coverage options can be added. Your insurance provider can work the details out with you in order to adapt and change your policy to meet your new needs.