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Starting a Business is Easy… But Only In America

Posted by homebiz on Dec 17, 2009 in Home Based Business Ideas

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Starting a business in America is a fairly easy process compared to other countries. For a few hundred dollars and very little paperwork most people can open a business in any state in the US.  A lot of people take this privilege for granted.
 
In some other countries, starting a business can be a very expensive and tedious process, requiring various licenses and the involvement of multiple government agencies. Take Bulgaria’s Prime Minister Simeon Saxe-Coburg-Gotha for example. He was surprised to learn that starting a business in his country required 17 government permits. Bulgaria simplified the process and opened the doors to a new growing sector in their economy.
 
Why not start your own business? If you have a skill, trade, or expertise in any area, you can become an independent contractor and offer your services to other businesses. With an economy like ours in the U.S. it may be beneficial to have a business on the side, just to supplement your income from your everyday job. Now is the time to start that home based business or online business.  Take advantage of the freedom we enjoy in this country and embrace your entrepreneurial spirit.
 
“It’s the man who waits for his ship to come in who’s always missing the boat.” Anonymous

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WHAT TO DO AFTER A JOB LOSS

Posted by homebiz on Dec 10, 2009 in Advice

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Most people are confused about what to do after a job loss. Being laid off can be a painful and traumatic experience for most of us. For the newly unemployed, your initial reaction may be to relax and take an unpaid vacation. Or you might want to lose yourself in drinks, food, or other unhealthy habits. Many of us use this time as an opportunity to catch up on all the daytime talk shows we’ve been missing.

 After being laid off, there isn’t much time to empathize or play the blame game. The first few weeks after a layoff will set the tone for your entire career rebirth.

 In this article, I have outlined the top 6 things you should do after being downsized:

 

 1.Take a moment to relax & reflect

Don’t panic. You may have lost your job but you still have your skill and ability. It’s important to remember that life goes on.  Also, understand that you now have an opportunity to pursue your dream of starting your own business or pursue that career change that you wanted.

 2. File for unemployment

Although this can be a nuisance, having that extra cash will come in handy. Many people avoid this step entirely. Don’t make that mistake; after all, you paid for it.

 3. Organize your finances

Now is the time to drastically reduce expenses. There is a natural tendency to maintain a certain lifestyle but the smart thing to do is reduce some of those unnecessary items. It may take a couple of months to regain employment, so stack those savings up until the income comes back.

 4. Update your resume

A good resume can mean the difference between getting an interview and not getting an interview. Make sure your resume really stands out before you send it out to hiring managers. Remember that you are competing against other job seekers so be sure to highlight skills and responsibilities from your last job.

 5. Put together a plan of action

Looking for work can be a full time job itself. Prepare a list of activities you will undertake on a daily basis— and stick to them. Utilize resources such as Monster.com and Careerbuilder.com. If you are thinking of starting a business, you can use the resources at http://www.homebizceo.com to help launch your business.

 6. Take Action

Mere talk will only lead to financial failure. Once you have completed the previous five steps its time to take action. Proper planning and persistence will almost always lead to prosperity. Be persistent. You may not replace your income overnight so it’s important that you stay positive and never lose sight of your ultimate goal.

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