In our last lesson we shared these KEYS in considering any ho.me business. These KEYS are critical in making a decision for any business you start. For review, here are the 5 keys...
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#1: Secrets of the Rich - TAX DEDUCTIONS
#2: Short Term CASH FLOW
#3: Long Term CASH FLOW - Automating Your Business!
#4: Warranty of Service - A Guarantee!
#5: FOCUS on a Primary Income and then Diversify
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Todays focus is to concentrate on Principle #2 Short Term CASH FLOW...
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#2 Short Term CASH FLOW:
When starting a business it's important to start creatingSHORT TERM cash flow right away. Unforunately most businesses take a lot of time to develop. Entrepreneur Magazine shows that the average businesstakes up to 3 years before it starts to profit.
THIS IS A HUGE PROBLEM for most people who want to startup their own business, isn't it?
Many businesses have HUGE START UP COSTS and most of thosestart up costs DON'T give you the opportunity to make money!
There is a SOLUTION to the PROBLEM!
What is it...
It's realizing this. CASH FLOW is king. For example, if you look at your everyday job and incomeas your PRIMARY FUNDING SOURCE or as your PRIMARY SOURCE of INC.COME, this can be a great place to build from.
Let's say we were talking about real estate. In your situation right now, you may have some cash set aside, maybe some credit,or at least access to some money.
Before I go to far. One of the greatest lies in business today is : It takes MONEY to ma.ke money.
NO!
It takes CREATIVITY and the right MINDSET to m.ake money.
Back to our real estate example. Let's say for sake of exampleyou wanted to purchase a property for $150,000. Let's say the bank required you to put up 5% or $7,500 for the property. However,you looked at the area and figured the property would be worth$200,000 within 3 years.
So maybe you didn't have the cash. Maybe you sold a few thingson eBay, or at a garage sale or whatever. Maybe you even had a fewhundred bucks set aside. Maybe you found a partner. Or did someextra work to make enough money to come up with the $7,500 upfront.
OK. Here's the key. Let's say you found a way that within 3 yearsyour property went up to $200,000. You had been making a mortgage payment on it for about $1400. Maybe you had renters in the propertypaying for your mortgage. Maybe you lived in the property and renteda room to offset some of the mort.gage...
After 1 year you would have paid $16,800 for the property. Mostof the $16,800 would be written off as a deduction in interest. (Remember Key #1 - Secrets of the Rich - TAX DEDUCTIONS? You would likely have about $13-15K in tax deductions from this example forthe year- not including any other deductions you might have).
In this theoretical example, after 3 years, you would havepaid about $50,400 for the mortgage, gained incedible taxdeductions, and now have a property worth $200,000 with some equity wouldn't you?
Let's say you wanted to sell it for the $200,000. You put up $7500 initially. You paid approximately $50,400 for the mort.gage.Gained approximately $45,000 in deductions for the 3 years andprobably about $10,000 in equity in it. Can you see all thebenefits of this example?
So, let's say you sell it for $200K. You pay off the initialmort.gage which has approximately $137,000 owed on it. So, you pay off the $137,000. You sell it for $200,000. That's$67,000.
Now, originally you had put up the $7500. You either had a renter pay or you paid $50,400. In this example after 3 years,you'd have a net profit of about $6 to 7,000.
And people get excited about this way of ma.king money!?
It's amazing! We believe there's a simpler way...
What if you could take the same idea on a smaller scale and start a business for a few hundred bucks, gain many of the same type of benefits and have the chance to make mo.ney within 30,60, 90 or 180 days?
Using round numbers, lets say you started a business for $1,000. Lets say you didn't use your own money, you used a concept called other people's money. Whether it's a credit card or loan froma friend, secured loan, money from a garage sale, whatever...
Let's say you used a credit card or small loan - even from a Fast Cash Loan company. Let's say the $1,000 had to be paid back within 12 months. Simple math says that's under $100 per month right?
Now, if you're real expense (because of this technique) was only equivalent to about $89 per month; if you actually made$90 per month you'd be CASH FLOWING your business.
Now of course the key is to find a business that gives youthe opportunity to do that in a BIGGER WAY. If you're like most people, if you're only making $1, or $10 extra per month in your business, it gets frustrating.
Of course you're going to be more excited to really build something if your CASH FLOW is 10, 15, 20, even up to50 or 100 times what your expense is...
Opportunites are out there to give you a chance to do it.
In fact, we've created a program for where we GUARANTEE you'll make MONEY in 6 months or less.
Feel free to visit our website at http://www.globalcashflownetwork.com
or contact our office right away and get your FREEConsultation: 1-800-719-8268.
Cash Flow is KING! Isn't it time to start building yours?
You've read stories. Heard stories; even seen the stories.
It's time you CREATE YOUR STORY!
Get the details about our RISK FREE PROGRAM: 1-800-719-8268.
We look forward to helping your reach your goals!
Success and Greatness,
The Global Cash Flow Network Team
http://www.globalcashflownetwork.com
1-800-719-8268
Saturday, October 08, 2005
Business Secret of the Rich - Tax Deductions
Dear Friend,
What is the difference between someone who startsa business and makes it big vs. someone who doesn't?
As the Great Vince Lombardi stated: "Winning is a habit! Unfortunately so Is Mediocrity and Losing".
How you are right now is probably how you've been most of your life with regards to money...
If you commonly say, "I can't afford it today"chances are you've said that yesterday, lastweek, last month, last year and probably even 10 years ago...
The good news is with the right MINDSET...It doesn't matter where you're at today. It matters where you want to go.
Over the years our founders have connected with some of the most amazing people, companies, and with these principles have generated millions of dollars in business through theInternet, Direct Mail, TV, Radio, Seminarsand more...
Here are a few things we've discovered making MO.NEY in a home based business. We will breakthese KEYS down in more detail throughout the next few training Segments.
Some people that will read these will dismiss them as sweeping generalities or falsely believethey know these principles.
There is one way to tell if you know these Principles... YOU use them consistently Everyday.
These INCREDIBLE KEYS are CRITICAL in any business you decide to start. In fact these 5 Keys are Critical Components to evaluate any business model.
So while these keys may lack flair for theDramatic, be assured they are time-tested and proven. Apply them beginning immediately...
---------------------------------------------------------
#1: Secrets of the Rich - TAX DEDUCTIONS
#2: Short Term CASH FLOW
#3: Long Term CASH FLOW - Automating Your Business
#4: Warranty of Service - A Guarantee!
#5: FOCUS on a Primary Income and then Diversify
---------------------------------------------------------
#1 OWN your own business - TAX DEDUCTIONS:
Unless you're building equity in something you own-and have control in-you're wasting your time. A high-in.come earner with a high salary - let's say$100,000 is better off than a small business owner...or are they?
Have you ever heard the statement that the rich get richer and the poor get poorer??
Today more than ever, there has been a separation of classes... the middle class is disappearing.
A dollar doesn't stretch like it used to.
Wealthy people have learned some secrets that aren't taught in our traditional education. In fact, what we're going to share with you in a moment could be worth $250,000, $500,000 or even $ 1 million Dollars or more to you...
Do you realize we spent 14,000 hours in grade school and high school -not including college?
If we went to college, there were thousands of more hours and if you're like me, you didn't learn what I'm going to share with you... and I guarantee you that the wealthy understand this strategy...
Own your own business not just for the freedom, control, Flexibility, etc...
Own your own business because ofthe potential tax deductions.
A salaried employee earning $100,000 for example would likely be taxed on that entire amount, at about 45%. What that means is that roughly $45,000 would be gone for taxes!
That's ON.LY $55,000 we keep out of $100,000.
It's quite a commission to pay to anyone, isn't it?
A Business owner - on the other hand (if structured correctly-seek a professional tax advisor) who brings in $100,000 gets the luxury of writing off legitimate business expenses.
So let's just say that the owner has $50,000 in expenses: things like business related travel, printing costs, business related meals, business related entertainment, clothing, advertising, equipment like computers, automobiles, telephone,furniture, etc...
****************************************************************************
By the way, do you also have some expenses right now in some of these categories???
****************************************************************************
Do you realize that if you're operating a legitimate businesssome of these expenses could be possibly deducted from your gross in.come? (Seek professional counsel)
Wealthy people have more...
More SPENDABLE IN.COME!
Why? This same business owner may have $50,000 in legitimate business expenses and then may ONLY be taxed on $50,000 instead of $100,000. It's the same income coming in, it's just the nature of how we're structured...
We have been taught for over 14,000 hours how to be a W-2Employee...
Realize that there are other options...
Options that allow you to keep more of the hard earned money you make. Do you know that most of our Congress and government officials are structured as "corporations"?
Do you think they understand something we don't know????
We will show you how to increase your income, sales- and how to keep more of the money you make by being a part of our program...
But by all means - if it's not our program. Get started with some type of business.
Contact our office immediately and get your FRE.EConsultation with one of our advisors and make sure to ask them about your GUAR.ANTEE!
Our company is so confident in our way of doing business, we GUA.RANTEE you'll M.A.KE MO.NEY! Feel free to visit our website at http://www.globalcashflownetwork.com or
contact us now at 1-800-719-8268.
Feel free to enjoy our articles on helping you earn and generate more in your business.
Until next time, make it a great day!
Success and Greatness,
The Global Cash Flow Network Team
http://www.globalcashflownetwork.com
1-800-719-8268
PS - Contact us today for your F.REE Consultation at 1-800-719-8268.
What is the difference between someone who startsa business and makes it big vs. someone who doesn't?
As the Great Vince Lombardi stated: "Winning is a habit! Unfortunately so Is Mediocrity and Losing".
How you are right now is probably how you've been most of your life with regards to money...
If you commonly say, "I can't afford it today"chances are you've said that yesterday, lastweek, last month, last year and probably even 10 years ago...
The good news is with the right MINDSET...It doesn't matter where you're at today. It matters where you want to go.
Over the years our founders have connected with some of the most amazing people, companies, and with these principles have generated millions of dollars in business through theInternet, Direct Mail, TV, Radio, Seminarsand more...
Here are a few things we've discovered making MO.NEY in a home based business. We will breakthese KEYS down in more detail throughout the next few training Segments.
Some people that will read these will dismiss them as sweeping generalities or falsely believethey know these principles.
There is one way to tell if you know these Principles... YOU use them consistently Everyday.
These INCREDIBLE KEYS are CRITICAL in any business you decide to start. In fact these 5 Keys are Critical Components to evaluate any business model.
So while these keys may lack flair for theDramatic, be assured they are time-tested and proven. Apply them beginning immediately...
---------------------------------------------------------
#1: Secrets of the Rich - TAX DEDUCTIONS
#2: Short Term CASH FLOW
#3: Long Term CASH FLOW - Automating Your Business
#4: Warranty of Service - A Guarantee!
#5: FOCUS on a Primary Income and then Diversify
---------------------------------------------------------
#1 OWN your own business - TAX DEDUCTIONS:
Unless you're building equity in something you own-and have control in-you're wasting your time. A high-in.come earner with a high salary - let's say$100,000 is better off than a small business owner...or are they?
Have you ever heard the statement that the rich get richer and the poor get poorer??
Today more than ever, there has been a separation of classes... the middle class is disappearing.
A dollar doesn't stretch like it used to.
Wealthy people have learned some secrets that aren't taught in our traditional education. In fact, what we're going to share with you in a moment could be worth $250,000, $500,000 or even $ 1 million Dollars or more to you...
Do you realize we spent 14,000 hours in grade school and high school -not including college?
If we went to college, there were thousands of more hours and if you're like me, you didn't learn what I'm going to share with you... and I guarantee you that the wealthy understand this strategy...
Own your own business not just for the freedom, control, Flexibility, etc...
Own your own business because ofthe potential tax deductions.
A salaried employee earning $100,000 for example would likely be taxed on that entire amount, at about 45%. What that means is that roughly $45,000 would be gone for taxes!
That's ON.LY $55,000 we keep out of $100,000.
It's quite a commission to pay to anyone, isn't it?
A Business owner - on the other hand (if structured correctly-seek a professional tax advisor) who brings in $100,000 gets the luxury of writing off legitimate business expenses.
So let's just say that the owner has $50,000 in expenses: things like business related travel, printing costs, business related meals, business related entertainment, clothing, advertising, equipment like computers, automobiles, telephone,furniture, etc...
****************************************************************************
By the way, do you also have some expenses right now in some of these categories???
****************************************************************************
Do you realize that if you're operating a legitimate businesssome of these expenses could be possibly deducted from your gross in.come? (Seek professional counsel)
Wealthy people have more...
More SPENDABLE IN.COME!
Why? This same business owner may have $50,000 in legitimate business expenses and then may ONLY be taxed on $50,000 instead of $100,000. It's the same income coming in, it's just the nature of how we're structured...
We have been taught for over 14,000 hours how to be a W-2Employee...
Realize that there are other options...
Options that allow you to keep more of the hard earned money you make. Do you know that most of our Congress and government officials are structured as "corporations"?
Do you think they understand something we don't know????
We will show you how to increase your income, sales- and how to keep more of the money you make by being a part of our program...
But by all means - if it's not our program. Get started with some type of business.
Contact our office immediately and get your FRE.EConsultation with one of our advisors and make sure to ask them about your GUAR.ANTEE!
Our company is so confident in our way of doing business, we GUA.RANTEE you'll M.A.KE MO.NEY! Feel free to visit our website at http://www.globalcashflownetwork.com or
contact us now at 1-800-719-8268.
Feel free to enjoy our articles on helping you earn and generate more in your business.
Until next time, make it a great day!
Success and Greatness,
The Global Cash Flow Network Team
http://www.globalcashflownetwork.com
1-800-719-8268
PS - Contact us today for your F.REE Consultation at 1-800-719-8268.
So, you want to start your own online business?
Dear Friend,
Have you ever wondered why some people seem to have it all and others seems struggle to make ends meet?
Ever known people who seemed to start business afterbusiness after business and still aren't making ends meet? Ever heard of people who have a garage products or a closet full of programs with nothing to show for their efforts?
There are so many stories out there...
We all want to start up our own business, but we don't want to lose...
Well, that's about to change!
The Global Cash Flow Network Team is committed to become the #1 Home Business Program and Resource Center in the World and have teamed up with some of thebiggest names in business today.
When you talk to one of our staff, you'll be amazed at how we brought together 4 of thebiggest names on the Internet today...
What would it be worth to learn how to create a business where you never had to sell, didn't need inventory, and worked with a coach who hada direct interest in how well you did?
What if you could do it from home just a few hoursa week?
On top of that, what if there was finally a company willing to walk it's TALK? What if you were virtually GUARANTEED to MAKE MONEY and work with a system that put cash in your pocket?
And if that weren't enough, how about a company commmitted to supporting your success? See, if our program isn't for you - it's ok. Either way, we recommend resources that can help you with your business, success, and working with the Internet.
If you're excited about getting something started and getting the assistance you need, simply contact our office today for your FREE Start Up Evaluation and Consultation by visiting our site at http://www.globalcashflownetwork.com or feel free to contact us at at 1-800-719-8268.
This FRE.E Consultation will show you howto start living your dreams starting today!
Feel free to look through our articles on the critical business secrets you've got to know...
You deserve it.
We look forward to helping you reach your goals!
Success and Greatness,
The Global Cash Flow Network Team
http://www.globalcashflownetwork.com
1-800-719-8268
Have you ever wondered why some people seem to have it all and others seems struggle to make ends meet?
Ever known people who seemed to start business afterbusiness after business and still aren't making ends meet? Ever heard of people who have a garage products or a closet full of programs with nothing to show for their efforts?
There are so many stories out there...
We all want to start up our own business, but we don't want to lose...
Well, that's about to change!
The Global Cash Flow Network Team is committed to become the #1 Home Business Program and Resource Center in the World and have teamed up with some of thebiggest names in business today.
When you talk to one of our staff, you'll be amazed at how we brought together 4 of thebiggest names on the Internet today...
What would it be worth to learn how to create a business where you never had to sell, didn't need inventory, and worked with a coach who hada direct interest in how well you did?
What if you could do it from home just a few hoursa week?
On top of that, what if there was finally a company willing to walk it's TALK? What if you were virtually GUARANTEED to MAKE MONEY and work with a system that put cash in your pocket?
And if that weren't enough, how about a company commmitted to supporting your success? See, if our program isn't for you - it's ok. Either way, we recommend resources that can help you with your business, success, and working with the Internet.
If you're excited about getting something started and getting the assistance you need, simply contact our office today for your FREE Start Up Evaluation and Consultation by visiting our site at http://www.globalcashflownetwork.com or feel free to contact us at at 1-800-719-8268.
This FRE.E Consultation will show you howto start living your dreams starting today!
Feel free to look through our articles on the critical business secrets you've got to know...
You deserve it.
We look forward to helping you reach your goals!
Success and Greatness,
The Global Cash Flow Network Team
http://www.globalcashflownetwork.com
1-800-719-8268
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