Home Business and Blogging Part 2

Blogging about your life can be fun, but it is now used for many other purposes. Blogging Life as a Parent: Offers some tips and examples of blogging parents, mothers, and fathers to help you blog the parenting life. Blogging is being defined as the single voice of a person and it is an excellent way to network. It is a first generation tool built on, and taking advantage of, the unique attributes of the Internet. It wasn’t until the late 1990′s that blogging evolved into what we see today. Blogging has entered a realm of its own, from fad to industry

Blogging for money is a often talked about subject. Blogging services such as LiveJournal let you decide who gets to see all or parts of your blog and it can be good for your career, if you allow it to be. The social matrix of blogs is very good at filtering fact from fiction although it isn’t perfect but the power in blogging is that it is the power of the people. Customers are drivers of messages and drivers of change more so than ever before and blogging outpaces traditional media channels in getting much of the information that matters most out into the mainstream of your Home Business customers and prospects. There is a lot of opinion disseminated within the social context of blogging and that opinion will eventually reach your business.

Blogs are an excellent way to show that you are not just interested in selling something, but you also want to help your customers reach their own Home Business success. This talking has the ability to reach your customers and boost your business quicker than traditional PR means and even e-mail. Trusted communication is communication that involves business and consumers. People trust the opinions of the guy or gal consumer like them and will consider their opinion and expertise in making decisions about your business. You bring yourself to the level of identifying with your customer and it can enable you as “the little guy” to trump a fortune 500 company again and again

Blogging can have a number of benefits, whether it is to help boost the presence of your Home Business online, or just to share and debate ideas with like-minded people. For some blogging will be like a diary: a historical record of their thoughts at a moment in time. So whether you use blogging as you might a photo album, to record your memories, or as a great way of connecting to other people who share the same interests or business goals as you, there are plenty of reasons to give it a shot.

Corporate Finance and The Quality of Money

Economics as a broad discipline is sometimes treated as a hard and quantitative physical science and sometimes as a human and social qualitative science.

The ongoing debate revolves around whether economics follows certain mathematical laws which can be discovered, or whether it revolves more around generalities and tendencies which can be explored but never proved for certain.

Corporate finance, as a subset of economics, tends to be framed very much as a hard, mathematical science.

Whereas accountancy is a mathematical record of what has already occurred in relation to the trade and ownership of a company, corporate finance is the process of matching necessary funding to trade and the allocation of ownership through investment.

Stock and credit need to be funded, through various combinations of equity, debt and trade funding instruments. Companies’ ownership can change over time through the allocation of equity and investment aimed purely at ownership acquisition, or specifically for the funding of certain activities.

However, fresh thought is required about what value can be brought beyond the immediate cash value. This is particularly true in relation with regard to investments into growth companies, especially earlier stage ones. The new research theory of The Quality of Money is bringing attention to bear on how investment is considerably more than the exact monetary value alone.

The concept of The Quality of Money includes evaluative capacity, co-creation of a working relationship and a realistic plan, ongoing management support, ongoing sector leverage and additional networks, and the ability to construct an appropriate follow-on funding plan.

Some of the existing problem lies in the traditionally adversarial relationship between investor and investee. This has been exacerbated by the spate of TV business investment competitions and their host of regional and local imitators.

Good investment agreements are not built around brief and aggressive encounters, where the entrepreneur tends to rely on hyperbole and the potential investor often strays into overt bullying.

Another key ground on which investment discussions could frequently be much more productively established is that of a realistic plan going forwards. Entrepreneurs often feel a need to talk up potential – often to quite infeasible levels – and investors will quite often understate their perceived potential in order to contain owners’ valuation expectations.

Neither of these tactics will enhance the ultimate objective on which investor and investee interests are in fact completely aligned: the creation of fresh value in a business.

Far too few institutional investors have created rich evaluative methodologies. All too often a former banker will have a moderately good general understanding of general marketplaces. Really effective funders have built around themselves not only exceptional personal knowledge but also extensive networks of experts. These are quite frequently a combination of specialist academics who can comment on IP potential and two types of businesspeople: sector experts who can comment on the precise proposition and senior and successful entrepreneurs who assess and support management, marketing and motivation.

This leads on the final element in this overview of The Quality of Money – the ability to plan for funding success. If an investor does not have particularly deep pockets itself, this is particularly important.

If a business does achieve encouraging growth with its first serious injection of capital, the last thing it needs to be faced with when this tranche begins to run low is the distraction of seeking to find a whole new set of investment relationships and to begin again from scratch the huge task of promoting itself and securing investment.

Whilst it is very tempting for young businesses to take whatever investment they can find, it is wiser again to attempt to secure also the best Quality of Money. Also, for investors, it is imperative that they consider if they are risking selling their investment short through excessive aggression, lack of commitment to networks and support, and an inattention to possible future scenarios.

Lose Track of Your Finances and Your Breakfast May Cost Much More Than You Think

The first step if you want to solve your debt problems is to know your income and expenses. You must know how and where your money is spent. Knowing your spending is as important as knowing how much money is coming in.

You may someday be the next person who buys the world’s most expensive cup of coffee and bagel if you don’t know where your cash flow stands!

If you said five dollars for a cup of coffee at Starbucks or Dunkin’ Donuts is rather expensive, none would argue with you. Yeah no one but Jake Drehar might.

Jake looked forward to each day was a hot cup of coffee in the morning, the one thing he can’t miss in even in summer heat. Jake started it off with his coffee everyday and it would not be a good day otherwise. Jake walked to the counter at his favorite coffee shop on one Monday near the end of the month. He had known about writing a few checks that month and the balance in his checking account may be running low. He paid with his debit card as he expected his paycheck would be directly deposited into his checking account that day and he had some cash in his wallet. He’d pay cash if the debit card were declined.

When the cost of his coffee was put on his debit card, he was pleasantly surprised, thinking his paycheck had cleared. Then he ordered a bagel and paid for that with his debit card. He received overdraft notices from bank two or three days later. He was assessed a fine not only for each overdraft but he was charged a fee for the bank covering his transactions. Jake’s coffee and bagel cost over $120 because of the two fines and two bank fees!

The experience of Jake is an extreme one but it is common. Endless ways are there to lose track of our finances. We put ourselves in peril of being hit with fees and fines that cause bigger and bigger problems when we do lose track.

We all tend to overestimate how much money we have and underestimate how much we are spending. This is the reason we lose track. Our spending sneaks up on us hence we do this. Moreover, it is amazing how little, everyday expenses add up over the year.

On your way to work each day spending on one medium Dunkin’ Donuts or Starbucks coffee and plain bagel adds up to more than $687 over the course of one year.

Daily purchases have a greater impact on your total expenses than you’d think. Keeping track of what is coming in and what is going out is most important.

Do you want to keep better track of income and expenses? Read *The Road Out of Debt* which offers you simple and ideal solutions for taking control and resolving your financial problems.