Welcome to BecomingFinanciallyIndependent.com
Top Pick!

Subscribe to our FREE Home Business Tips Newsletter with hundreds of money making tips and tricks. Enter your contact info below and click: "Free Signup!".
Your privacy is guaranteed.

E-Mail Address:

First Name:


Psst!...Have you Heard the Buzz? For the first time EVER,

MyWorldPLUS offers a discount membership card that saves people money at over 175,000 retailers worldwide PLUS an online shopping platform that allows people to earn cash back at over 600 online stores!

Click Here to Learn More!

Residual Income Programs


Articles and Tips


Recommended Products


Internet Marketing


eBooks


Website Promotion


Website Development


Recommended Sites:

Recommended Site #2:
Strong Future International


Recommended Reading



HOME - Home Business Articles
Your Home Business: Turning Pennies into Dollars
Copyright © Stone Evans, The Home Biz Guy
http://www.pluginprofitsite.com/main-13846


Henry Ford taught us that to simplify the manufacture of automobiles, that the best way to do so was to install the assembly line. That one change revolutionized the auto manufacturing industry permitting the industry to build cars at a cost whereas the average person could afford to buy one.

The lesson we should take from this is that having the ability to improve the process of getting the job quicker and cheaper, without compromising the quality of the job being done, will help catapult the person who simplified the process to the top of his/her field.

Pennies saved in your home business can turn into dollars at the end of the day, and dollars can quickly multiply into hundreds or thousands of dollars over time.

Doubt me if you will, but let me ask you a question. Do you think a saving of two fifths of a penny could make any real difference in the profit margin of a home business? Of course the right answer is "it depends on how many transactions are done in a year, utilizing the savings of the two fifths of one penny."

You only have to think back a couple of decades to really appreciate this question. Do you remember the nut that lived and died in a Las Vegas hotel room? You know the one who was a billionaire, and was so worried about germs that he died of starvation? If you guessed Howard Hughes (1905-76), pat yourself on the back.

Now Howard did not make all of his money on his two fifths of one penny. He did however make a ton of money from his two fifths of one penny. It seems Howard owned a can manufacturing company. And one day, Howard's team figured out how they could make one minor change in the design of their food can to reduce the amount of tin necessary to make a single can.

As the story goes --- if my memory serves me correctly --- the reduction in tin usage equaled a saving of two fifths of one penny per can. Howard --- being the really smart businessman that he was --- decided that he would not be so greedy as to keep all of the savings for himself. What Mr. Hughes did do was to keep half of the savings for himself, and give the other half to his customers. The incredible thing about Mr. Hughes decision is that by saving his customers an extra one fifths of one cent per can, he managed to take more market share away from his competition --- netting his company an additional and substantial portion of the total market share in the canning industry.

Let us return our thoughts to your home business. Have you ever gotten the feeling of excitement --- when you read something or thought of something --- that you could not wait to implement this new idea? This could be one of those moments...

In every home business, there are certain processes that we do over and again. Sometimes it may be possible to trim the time or expense of a process which in turn will add pennies or dollars to your bottom line. If it is a process that you do hundreds or thousands of times per month, then your savings will multiply into hundreds or thousands of dollars in monthly savings.

Imagine what running a home business was like BEFORE the computer...

Before the personal computer, we had to hand type all letters and invoices. Now, we can setup a letter or invoice that we send out quite often, and we can save it in our word processor so that when we need to use it again, we can print it quickly and efficiently. There is no longer a need to type the document again from scratch.

The computer has simplified our business communications and has provided us the opportunity to reduce our costs of doing business.

Think about all of the other processes that the computer has enabled us to do for far less expense than what we could in the past.

In this case, the computer is a tool that permits us to save time and money.

So, my challenge to you is to begin examining the processes in your own home business and look for ways in which you can save yourself time and money. It is far better for you to contemplate on this matter than it is for me to do so for you. Simply put, you know your business better than anyone on the planet does. Therefore, you are in a better position than anyone to find those extra dollars that will decrease your costs and increase your profits.

The extra pennies and dollars you could extract from your business could spell the difference between success and failure for your home business enterprise.


-----------------------------------------------------------------
Stone Evans will help you setup your very own money making
website today that's 100% ready to take orders and pull in
MASSIVE PROFITS for you right now...GUARANTEED! Plus, you'll get
your own pre-written ezine-in-a-box customized and setup for you
absolutely free WITHIN 24 HOURS!! Get started immediately at:
http://www.pluginprofitsite.com/main-13846
-----------------------------------------------------------------

Reprinted with permission from the Plug-In Profit Site Free Website Builder.
The IAHBE


MAKING MONEY AT HOME JUST GOT A LOT EASIER!

Introducing the IAHBE

The International Association of Home Business Entrepreneurs!

FREE Leads to help you build your business, book-of-the-month (featuring
titles especially selected for home-business owners), audio seminar,
exclusive interviews with top home business experts, magazine of-
the-month (full 1-year subscriptions to top magazines for entrepreneurs
like Fast Company, INC, Business 2.0, Money Magazine, and
more), special free bonuses, special reports, business newsletters
AND MORE!!

OVER $1,000 IN FREE BONUSES

Home Business Articles

Starting Your Home Based Business On A Shoestring Budget
Whether seeking a supplemental income or a full-time income, many folks have undertaken the task to discover a viable home based business solution to meet their personal needs. [read more...]

Your Home Business: Turning Pennies into Dollars
Henry Ford taught us that to simplify the manufacture of automobiles, that the best way to do so was to install the assembly line. That one change revolutionized the auto manufacturing industry permitting the industry to build cars at a cost whereas the average person could afford to buy one. [read more...]

Children in the Home Business Environment
Operating a home business is seldom easy and interruptions come in all shapes, sizes and forms. Between the family, friends and neighbors who call or come by, and the telemarketers who insist on ringing your number off the hook, getting through the workday can be a real challenge. [read more...]

Networking Your Home Business within Circles of Influence
When you need an auto mechanic or an air conditioning repairman, where do you turn for help? Sure, some people turn to the yellow pages. But most will turn to friends and family and ask if they know of anyone who can do the work. [read more...]

Promoting Your Business with a Copper Wire? Think Again.
So many people launch their first or second business with the misconception that they can survive without advertising. It is their fear of failure that almost single-handedly assures their failure. They fear spending the money that they need to get and keep their business running during those early years of their operation. [read more...]

How to Calculate ROI (Return On Investment)
ROI (Return on Investment) is probably the most important calculation one needs to make to ensure the long-term viability of their business. It is not enough to build in a profit margin on the product or service being offered. One must track with proficiency the amount of dollars being invested into attracting sales and how much ROI those dollars put back into the business. [read more...]

Tracking Offline Advertising Success by Measuring ROI
The great promise of online advertising has always been that advertisers will now be able to effectively track the successes and failures of their online advertising efforts. This promise has been met. [read more...]



Home Business Opportunities

Work At Home Business Opportunity
Retired? Unemployed? Laid-Off, or Insufficient Income? Start your own Internet business from home. Build residual and leveraged income to create real wealth. World Wide Income System that REALLY WORKS! All it needs is you. FREE Training and support, websites and products all provided! - ZERO RISK! [click here...]

This Company Has Cut $10,000+ Checks For People Who Worked Its Plan For Only 30 Days!
The Internet is growing up, and it is now opening up MORE opportunities than ever before for individuals like you and me — creating more millionaires than any other medium in history! In fact, right now you can join an incredible opportunity to capitalize on this on-the-verge-to-explode home based Internet business trend today! [click here...]

Internet Marketing Resources

Empowerism - A GLOBAL Home Based Business Opportunity!
It's time to put your NetMarketing business on FAST FORWARD with ALL of the tools and training you need to become a SUCCESS on the Internet! All this in a nice, tidy package that's affordable to the masses and pays out a five-figure income! Others have tried it. Empowerism has perfected it...
[Click here to start a global home business today!]

Empowerism - International Success Mentoring




Do you want to make money online? You could if you read this ...

Get everything you need including over 30 time-saving, profit-producing, influence-expanding tools and software programs absolutely *FREE*...

Click here to get your FREE copy of "Dotcomology - The Science of Making Money Online" TODAY!




The Home Biz Guy's
30 Days to Success
Step-By-Step - Internet Marketing Guide
Get This FREE Training When You Sign UP
Click Here to Start Now!

30 Days to Success - You Can Make Money Online... Guaranteed! (A Step-By-Step Guide) Click Here!

You Can Make Money Online... Guaranteed!
Click Here to Start Now!




The Home Biz Guy's Newbie Training Videos - Watch, Listen & Learn Your Way to Internet Marketing Success
Online training videos help you WATCH, LISTEN & LEARN your way to Internet marketing success! Get FREE access to all videos when you sign up for the Plug-In Profit Site today...
[Get FREE training now!]

Terms of Service - Earnings Disclaimer - Privacy Policy