Who doesn’t take a multi-vitamin, use fish oil or eat protein bars these days? In 2009, supplement sales in the U.S. topped $23 billion dollars and with more people looking to lose weight and improve their health, this number will continue to rise. It represents a huge opportunity for the fitness-minded entrepreneur, so how do you get your online nutrition business started from home? By following the steps listed below and doing your homework to find the right company and the right product line!Step 1: Do you have a passion for improving the health and wellness of your clients? Your goal of owning a home-based business is to make money and gain financial freedom, but a prospective client can tell if you are merely trying to sell them something. If you don’t believe in the concept of helping people improve their health, pick another product to sell such as cosmetics, kitchen/cooking utensils or household goods.Step 2: Do you use nutritional supplements? It is not imperative that you use the products you market but it certainly helps if you can speak to your customers about what nutritional supplements have done to improve your health and fitness. You do not have to take every product that you market but having a personal story about how your products have improved your life is very powerful.Step 3: What kind of nutritional supplements do you plan to market? There are many different types of products on the market that speak to different types of consumers. Look for a product line that will attract the widest target market. This means focusing on products that have scientific or medical research to back their efficacy such as fish oil, calcium, multi-vitamins, meal replacement shakes and nutrition bars.Step 4: Now you begin the process of shopping for the right nutritional supplement home-based business, but which one is right for you? Here are some things to look for when selecting the company you choose to represent.1) Have the products in your prospective company been subjected to independent, third-party research? This means the nutritional supplements produced by your company have been tested for their efficacy by someone not associated with the company and these products have been proven to play a role in improving health and wellness. Products that have been proven to have real benefit will get the support of the medical community making your job easier when presenting to a prospective customer. For example, if their doctor has told them to take fish oil they will be more open to trying your product.2) Does your prospective company manufacture their nutritional supplements using pharmaceutical quality guidelines? Nutritional supplement companies do not have to adhere to the same production standards as drug companies. If your company voluntarily adheres to these manufacturing standards, it is a true mark of quality and an important feature to point out as a representative of that product line.3) What are the start-up costs? Look for the home-based businesses that have low start-up costs and companies that do not require you to purchase large inventories that could potentially begin collecting dust in your basement. This is an online nutrition business and you are an independent representative helping to market their products. Look for the company that does not require you to keep an inventory or ship products to customers.4) What kind of support do you receive from the company? Today, most home-based businesses have a wide array of web-based tools such as videos, flyers and other information you can send to potential clients. They also utilize social media such as Facebook and Twitter. What kind of support does your prospective company provide you?5) Finally, how do you get paid? Believe it or not, many people will jump into an online nutritional supplement business with no clue as to how they will be compensated. Since most companies use a point system that coincides with a certain dollar amount per sale, look for companies that will pay you on a weekly basis. Also look for companies that will roll-over points from previous weeks. There is nothing worse than working hard to move product, not hit your mark and lose everything by falling a few points short on a given week.Starting an online nutritional supplement home-based business is a phenomenal idea for two reasons. One, nutritional supplements are a consumable item meaning that you will continue to receive sales from the same customers. For those who sell kitchen products, for example, you have to continue to find prospective customers at a faster rate because once you sell a customer a baking stone, they will not need another one. Whereas with fish oil, calcium, etc. they will need to make frequent purchases to replenish their supply. Two, as the emphasis on good health continues to rise, consumers will be looking for the tools to become healthier. So, if you have a true passion for health and are looking for a way to better your bank account, starting an online nutritional supplement home-based business may be the way to your financial freedom.
For someone who is looking to buy a property, home loans is an intelligent option in India. It gives you ownership of the house in easy installments plus it gives you certain tax benefits. Owning a house is a major decision both financially and emotionally. Purchase of real estate after all is an investment, giving you good returns in the long run. For this you must choose the right type of home loan with the best offers and interest rates. There are certain facts about the Income Tax Act in India you should be aware of as well.Home loans can cover the following – purchase of land, renovation, extension and construction. The following are different types of loans banks in India offer:1. Home Purchase Loan: This is the commonly sought loan. It is used when you buy a new apartment or house.
2. Home extension loan: This loan can be taken up when you need to extend your current apartment or house further like for example, an extra bathroom, another room etc.
3. Home construction loan: This is taken up when you want funds to construct a new home on an existing property. This loan can sometimes be confused with home purchase loan but you should know that the terms and conditions of this loan are very different from purchase loans.
4. Home conversion loans: This loan is used when you want to want to move to a new home and need the extra funds for it. This eliminates the need of prepayment of the previous loan.
5. Bridge loans: This is for that time when you are selling the old house and buying a new house. The loan amount helps you to buy the new house while you are waiting to sell the old home.
6. Home Improvement loans: This loan is opted for when you are looking to get some renovations done in your house. Repair works are also included in this loan.The tax benefits of loans in India:It requires a huge sum of money to buy a new home. To make the financial burden lighter on the common man, the Government gives some tax benefits on home loans. Here are a few things you should know about them:1. Purchase loans and construction loans can attract tax benefits. The interest as well as principal components get these benefits.
2. Repair of property is also eligible for interest deduction.
3. Any home or construction loan taken on or after April 1st, 1999 is eligible for deduction of up to Rs.1.5 lakhs. Before that date, Rs. 30,000 is deducted.
4. The deductible can take place only once the house has been constructed or bought. It can take place as five installments. It takes place over five years. The first one is deductible in the first year the construction is finished.Home loans – The situation in IndiaThere are more than a few banks offering home loans in this country. Depending on the EMIs you can make your choice. There is quite a competition between lenders. You can apply online as well as offline for the home loan.Even though there are many lenders, you must make your choice for home loans lender wisely as it is a huge financial investment and decision.
These days, computers have really improved our way of living, primarily our systems of communication. Other than that, they also play an important role in financial analysis and management.Before the advent of computers, people had no choice but to rely on financial advisors and bankers for advice on managing their personal finances. Those who found financial management as a burden had to consult finance experts who charge very high fees. However, some personal finance software that has recently been developed has become alternatives to the bankers and financial advisors.The Benefits of Using Personal Finance SoftwarePersonal finance software is used by many financially-confused people these days because this software is really affordable and very useful. There are many of this software that is available in the Internet. Some even come as complements of the more popular personal finance books. Several of them can be had for less than a hundred dollars ($100.00). Moreover, people have come to realize that this personal finance software is actually more affordable than bankers and financial counselors.This personal finance software is considered long term investment. One only has to pay a one time purchase fee and he will not need to worry about his personal finance management for years to come.Moreover, this software is actually very easy to use. Contrary to the common notion that this software is complicated and that they require in-depth information technology knowledge, they are actually very user-friendly. They were actually developed to cater to non-technical users.This personal finance software is automated. When installed properly in your computers, they can be used within the comforts of your homes to balance your finances, pay your bills, monitor your investments, manage your accounts, and for other purposes. You can even program your software to create detailed budget plans on a regular basis.Choosing Your Personal Finance SoftwareBefore buying your own personal finance software, be sure to carefully analyze your needs first. Note that this software have varying uses and capabilities. You have to make sure that you first prepare a list of all the functions that you expect from a personal finance software.Although most of this software can help you manage your personal finances, you may need specialized types that can actually meet your unique needs. Some software is made to cater to people who are employed, while others are made cater to self-employed people.There are some simple personal finance software that can produce narrative reports, while other more sophisticated software can produce charts and detailed financial statements. Moreover, some programs are limited to investment and finance management, while others which are more advanced enough can handle tax filing. Examine all the qualities and functions that you need and use them as basis for your choice of software.In choosing a personal finance software, you will also have to check the system requirements, aside from the software’s functionalities. Note that there is software that is based on Windows operating system, while others run on other operation systems. Consider the specifications required as well.