It is very rare that I ever get the time to write about personal finance but after finding out that many of my own business partners are in credit card debt, I just can not avoid it for too long. When writing business plans, it is essential to include the personal finances of the directors in the company especially if it is a new business. Unfortunately for most new business owners, most do not have stellar credit profiles. Most new business owners are either straight from college or have had a few credit issues in their past and as such most omit section on their credit profiles in their business plans.

It is important as a new business owner or when making your business plan to understand that your personal credit profile will affect your chances of getting business finance as well. Lenders are interested to know that the principals in any business can repay any debt advanced to the business. One of the first places they look at is how you as a business owner has performed in your own finances. If you have had bad credit from missing debt repayment plans to bankruptcy , you will have a harder time of getting funding for your projects. One of the ways that business owners go around this is by surrounding themselves with other principals with excellent credit. There is already a cottage industry in the USA where you can hire directors for credit purposes. Continue reading this post…

Popularity: 5% [?]

Wouldn’t we all love to make money online ? I was looking at my previous posts for the past year and I have to say it has been an experience and a half. I was absolutely sure I would make a million dollars online within the first year. It did not happen but hey I am an optimist and so used to being not an online millionaire that I have not missed it.

The problem with most “let us show you how to make a million dollars online” web sites and blogs is that….. they don’t have any information about how to do it. Some have not even done it. We all hope and pray and continue writing blog posts that we quickly forget about. Then wake up the next morning and start from A again. Continue reading this post…

Popularity: 14% [?]

It is now impossible for me to go an hour blogging without the name SEO coming up. SEO this, SEO that is the norm for me now. As an online entreprenuer, the word can be just as annoying and confusing as the phrase “I want” from your nagging kids. A day has 24 hours. During this period I have to find a way to write quality articles, find traffic to my blog, eat ,sleep and do the SEO thing.

Readers know that I like complaining about it. However, after finding out that life is too short for SEO optimization I have found I am not alone. The information out there is too confusing for those of us who have done off line businesses. At least in my off line business I know that if I buy something for $5 here and sell it for $10 here , I will make a profit. Search engine optimisation on the other hand is a different baby. I would be glad to know who amongst us can claim to be the ultimate SEO guru. Continue reading this post…

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I was just about to do some SEO stuff on my site (I am becoming a dedicated blogger now), when I realized that I seriously don’t know what search engine optimization is. There is too much snake oil being sold out there in the name of the best SEO tactics. I have bought quite a number of SEO secrets e-books but it seems I never read them, don’t understand English, or just did not follow up on all those little SEO gems.

I tried to figure out how many of these SEO tips I could handle in a day and I discovered that God might have made a mistake coming up with 24 hours where I had to eat, sleep, go to work and do a little tweaking of my SEO. There is no time for this SEO thing.

Continue reading this post…

Popularity: 61% [?]

I am going to join the cry baby blogger as a sign that what they do really works.It is just amazing to see how bloggers switch from hating google one day then another bunch of bloggers say how the love it the next. Since there is no Google pagerank update so far( as if it matters) some bloggers have now adopted the ” I hate some one else for succeeding “ ,model.

It’s a simple model really. You find a heavily trafficked blog. You find something you don’t like about it. Then you just post a “That blog is useless” post. You sit down wait for the traffic, then sell your own piece of crap with big signs that says, ” I am the only one who can show you how to make money online”. It is a good one I must say but it just smells rotten to me. However, I will do it with pleasure if it gets me more rss subscribers.

Continue reading this post…

Popularity: 63% [?]