Do you have a spare room in your home? If so, what are your plans for it? If the room is just sitting there existing with no purpose, you are missing out on a trick. There is no reason why that spare room can’t start making you some extra income - and I’m going to give you a few ideas about what you can do right now. Let’s get started. Get a lodger Students and professionals that travel are always in need of accommodation, so why not open up your home to them and take on a lodger? You can offer them cheaper rates than they would have to pay for renting a house or apartment but still take in a significant extra sum each month. It’s a win-win situation for both of you, and as long as you don’t charge more than £7,500 each year, it’s all tax-free (as of 2016). The boutique hotel … [Read more...] about Boost Your Income By Renting Out Your Spare Room
Archives for December 2016
Many people harbor ambitions to be a successful entrepreneur. If you’re hoping to set up a new company or become your own boss, your life may be about to change dramatically. So, are you ready for life in business? Here are some essential questions to answer before you get started. Are you prepared to work hard and make sacrifices? If you held a dinner party and invited all the world’s business leaders, most would tell you that it’s been a long, hard slog. Very few people achieve overnight success in business, and you should be prepared to work hard, and also to make sacrifices. You may not have much time to spend at home, and you may be giving up a secure income. Think about whether you’re ready to do this before you take the plunge. Have you got the right people around you? It’s … [Read more...] about Are You Ready For Life As An Entrepreneur?
If you are in charge of your own small business, then it is likely that you have already discovered how difficult it can be to do everything at once. Many people who start up their own businesses are often surprised by just how much there is to do. The truth is, running a business takes a lot of varied skills, and many of those skills are the kind that you only develop over a long period of time. It is perfectly understandable if you need a little help in the early days getting the ball rolling - practically every business needs that kind of help. Let’s take a look at four areas which need a particular amount of help for small businesses. Marketing We all know that marketing is a central aspect to running any business - but did you know that many small business owners feel that they … [Read more...] about In Which Areas Do Small Businesses Need The Most Help?
Running a blog, or, indeed, running a website of any kind, is a very time-consuming exercise. So it’s understandable that one would want to make as much money as possible from it. With that in mind, it’s quite common to see people struggle with what sort of money-raising tactics to use. For a lot of people, the first thing you need to do is pretty clear: you need to get more visitors. If you don’t have the visitors, then you’re not going to get many companies or individuals willing to advertize in some capacity on your website. So the need for good marketing comes very clear. Of course, precisely how you should market your blog, unfortunately, isn’t quite as clear as that! When you’re looking to make some profit from your blog, it’s understandable that you’d want to minimize the … [Read more...] about Want to Profit from Your Website? Then Your Marketing Technique Means Everything
Every industry is going to throw competition at you at one time or another. In medicine, every patient is an important part of the whole. They should be treated as such. If a patient feels like the relationship with their health care provider isn’t strong enough, they’ll look for a better fit. So, here’s how you ensure you never leave them wanting. Figure out what they want It’s important to open yourself up to feedback directly from your patients. It can be painful, especially at first. There will be some disgruntled customers who will seek to make it painful. For most of them, however, their grievances are genuine and their connection is made all the stronger by businesses that work to address them. So, make sure you’re soliciting feedback online, both directly and indirectly, as … [Read more...] about Maintaining Your Customer Relationship In The Tough World Of Medicine
So you have decided to invest in a multiunit property. It’s an excellent investment with the potential for great returns if done correctly. It already has at least one advantage above single units—primarily that you only need one property manager instead of multiple. You have picked an option that is much easier to manage because any grounds keeping, tenant issues, or rent collection is done all in one place. There are already so many advantages to a multi-unit property, but here are a few ways to invest in your property in order to optimize your returns: Location Location is the primary indicator for what kind of tenants you will attract. There are a couple of ways you can approach this. The safe option is to buy a multi-unit that is already in a desirable area; the ideal … [Read more...] about How to Invest in a Multi-Unit Property