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Financing the Expansion of Your Business

Retail and food high street businesses are notoriously hard to run, due to many factors that include staff turnover, poor management, high overheads, and low cash flow. All of these problems can grind your business and its expansion to a halt, and are some of the worst nightmares faced by business owners.

Some entrepreneurs cannot face the stress and tensions created by the shortages of cash flow in their business, and decide to cut their losses by selling everything. What they do not know is that there are some things you can do before getting to that stage in order to finance a new venture, whether it is an expansion or refurbishment.

This is especially true for businesses that have managed to establish themselves in a particular location, or have found their niche market just weeks before they got letters from the bailiffs! One of the solutions to these problems is one that ensures your business remains open to the public and continues generating revenue:

If your business is viable, and you have an established set of customers, you might want to explore the option of sale & leaseback. Many high street retailers do this once, twice, or even on a regular basis, so they can finance an expansion, whether it is a refurbishment that will attract new customers, or an expansion that will see you open some additional stores.

By selling the property and remaining the tenant, you are able to keep your customer base, and they will never notice anything apart from the fact that the place looks much better with a refurbishment! You will therefore not have to take the risk of moving your business to a new area, finding new customers and investing in marketing and staffing efforts.

The sale and leaseback process is not recommended for every single business, but in many cases it has helped owners with their ventures. The sale and leaseback model can also be applied to many types of properties other than retail shops and cafes, such as homes, industrial premises, land, pubs, leisure centres…

12 Tips To Home Based Internet Business Success?

The truth of the matter is that everyone wants to succeed with their home
based internet business. But what will it take to actually ensure you
succeed on the Net?

Here are 12 success tips that will help improve your chances of establishing
a successful home based internet business.

  • Have a Purpose or Goal: This could be the only problem that stops you from attracting success to your home based internet business. Let me make one thing clear – “If you don’t know what you want achieve in your business or go in life, you will never be able to get there? If you are not clear about what you want, then you are sabotaging your home based business. Write a plan or goal and be clear about what you want to accomplish with your home based internet business. Here are some questions to help you define a plan or goals for your online home business.
    • What do you want to do?
    • What do you want to learn?
    • How much money do you want to make, save, and invest?
    • How do you want to spend your time?
  • Treat your home based internet business as a real business:

    If you really want to make money with your business or achieve any personal success,
    then you must take your online business serious and it will become one. Think of
    your first year as a raining period. Don’t expect large earnings until after you
    have educated yourself.

  • Don’t worry, be crappy:

    Don’t wait for everything to be perfectly right before you start. There is no such
    thing as a Perfect Time. We all know that getting started is the hardest work.
    Start now with whatever you have or know and the things you need to grow your
    business will come as you work toward your goal.

  • Organize Your Priorities:

    What are your priorities? These are things of utmost importance. Time management
    is basically priority management. It is the act of determining what is important,
    and then living out your work in a manner that will help you fulfill your priorities.

    The difference between successful home based internet business and poor one is how
    they choose their priorities and how they organize their time around them. With
    that being said, don’t allow the act of organizing keep you from the most important
    element of your business – Marketing.

  • Do what you love:

    Home based internet business will take time, energy and effort to ensure it success.
    It is important that you choose something that will excite you because you will be
    putting a lot of time and probably the rest of your life.

    So make sure you pick something that you are passionate or have passion for.
    There is a saying that if you do what you love it won’t feel like you working. And of
    course the all important factor – money will surely come.

  • Niche Thyself:

    This is what most people starting out get wrong. The riches are in the niches. It is
    imperative that you pick a more focus topic … a unique product with a less competition,
    but has high enough demand.

  • Act Boldly:

    Taking strong, powerful actions are the key to achieving massive success in your home
    based internet business. You need to take action on your dreams and the knowledge you
    have gain through learning in order to see results.

    Knowledge is power, but if you don’t take any action that knowledge is with wealth nothing.
    You don’t only need to take action. You also have to take bold actions – by unleashing
    the power of Persistence, Decisiveness, and Patience.

  • Be Persistence:

    What hold most people from succeeding on the internet is that they don’t have enough
    persistence. Persistence is a very important factor in achieving lasting success in your
    home based internet business. You will never be able to succeed without being persistent.

  • Be Decisive:

    Indecisiveness is one of the biggest obstacles that are holding many people back from
    starting their own home based internet business and experience the power of financial
    freedom they want. Decide that you’re going to rise to the top in your internet business.

    Study successful work at home businesses and apply the tested and proven strategies for
    getting what you want with your business. I want you to understand that there isn’t any sure-fire secret out there that will make you rich. You only develop success through practice and repetition.

  • Be Patience:

    Can’t you wait to get what you want? Do you lose your patience when something takes time
    to be completed or achieved? How do you react when you don’t see immediate gain or
    gratification from your efforts? Do you persist or lose hope? When you face hard times
    and the road to your dreams looks too long, you should not give up or lose hope – but
    rather stay focus on course.

    This is how the home based internet business works. Everything is achieved step by step.
    You won’t get rich or be successful overnight.

  • Think Positive:

    Thinking positive and expecting good things in life is a great approach in seeking success.
    You would be surprised at how much your own attitudes or thinking affect your outcome.
    Don’t think negatively or let the negative attitudes of others influence you. Considering
    the opinions and feedback of others is smart – but don’t allow them to change your beliefs.

  • Improve Your Business Daily:

    Focus everything to improve your home based internet business a little bit. Learn something
    new. Master a new skill or improve on one you already know. Long for and analyze lots of
    information – learn ways to do things better and commit yourself to a continuous never-ending
    improvement.

Understand that you can’t become rich in your pocket until you become rich in your mind.
Knowledge is Power – Learn how to start your internet home based business right!