Archive for

Unsecured Business Loans – Finance Your Business With Low Risk Funding

Business loans are basically of two types – secured and unsecured. Just as the name suggests unsecured loans are those in which the borrowers do not have to pledge any property or asset against the sanction of loan amount. The entire risk is covered by the lender and so the rate of interest is comparatively higher in this type of loan as compared to secured loans. But the main thing is that you do not have to risk your property or asset and if by any reason you fail to repay the installments, you do not have to worry about losing your property.

Every business owner has a vision and a mission when he starts a business. To achieve this, one needs funding and financial backing. Your business plans might be high along with your vision but lack of fund will all make it useless. You will not be able to use your potential and skills if you do not have enough money. Well, if this is the case with you, do not feel disheartened because there are unsecured business loans that can help you come out of all this. These loans are designed in such a way that business owners can make use of this to expand their existing business or even start a new one with it.

When you have plans to borrow unsecured loan you will have to prepare for the application process. The purpose of acquiring loan differs from one person to another and depends on the size and category of business. Business loans can be used to expand business or to start a new one. Loans are also available if the owner is in need of working capital. So, the purpose should be clear and the borrower must be aware of the earnings and profits in future so that the repayment schedule can be fixed at this stage.

Although it seems at first glance that unsecured business loans have all positive features, they are not free from restrictions or limitations. These loans are available for limited sum of money and usually for a short period of time. The business owner gets the retention of the ownership and he is able to manage the cash flow as well as he also gets the tax advantage in return. No matter what type of loan you select, you will have to pay the rate of interest on it and abide by the repayment schedule agreed at the time of agreement.

How To Recruit For Your Home Business: Treat It Like A BUSINESS

Get a picture of a lot of what passes for home business prospecting. A bunch of advertisements that promise “$500 to $2000 a month part time, $5000 plus full time.” Or join “the hottest home business group – best pay plan, turnkey system, simple and easy.” That, and lots of other colorful statements promoting home businesses.

Now try and imagine that same kind of advertising being used to recruit people into a Fortune 500 company. Can you imagine Microsoft or Apple bragging about how they’re the hottest new kid on the block company?

Can you imagine IBM or Exxon Mobil looking for executives, engineers, sales professionals, telling them they have “the best pay plan, turnkey system, simple and easy?”

They wouldn’t. Because they’re serious companies. They take their business seriously. They want quality people who will work hard, make a commitment to learning and being productive, not to mention great team players who will give honest feedback to their supervisors.

And as a result, they get serious people to work for them. They come up with great products. They figure out what customers want, and create products and services to bring to them. They make plenty of mistakes, but have processes in place to identify them and fix them.

And even though we don’t always believe this, they do NOT operate on greed. No company that sticks around for the long term does. Don’t believe it? Think Enron.

You can see the exact same thing happening in the home business world.

Now it’s true that anyone can be successful in network marketing or affiliate or Internet marketing. But that doesn’t mean EVERYONE will.

It means the ones who succeed will start from wherever they are. They’ll learn lots of new stuff. They’ll work hard. They’ll build their own personal qualities. They’ll become more attractive. They’ll commit to providing value and service.

It’s not limited to people with a certain degree. But it is limited to people with the skills, attitudes and behaviors of success.

Putting out advertisements and content that attract people without skills, or the will to get them will get you just that.

You’ll get people who aren’t willing to invest in their business or themselves. They won’t pay start up costs. They’ll want to be spoon fed every step of the way. They’ll get frustrated easily and quickly. And they’ll quit when the money doesn’t fall into their lap in the first week.

Don’t blame them. They’re playing a game you invited them to play.

The most successful home business builders cast a wide net. They invite everyone to take a look at what they have.

But they don’t pretend it’s going to be easy. They screen out the unqualified by telling the truth. And they have high standards for people they choose to sponsor.

And they work with the qualified. They build depth and strength.

And they succeed. Like the best companies do.

Check out your recruiting strategy. Is it appealing to the worst instincts in us?

Or are you projecting an energy of challenge, commitment, integrity and success?

And which kind of organization do you want to be in charge of?