Subprime Mortgages: The Lose Your Home Industry

Posted under 0 apr credit card by admin on Friday 3 February 2012 at 04:01

www.mslaw.edu Mortgages designed specifically to take advantage of individuals. In this 2004presentation of The Massachusetts School of Law’s program, Books of Our Times, Dean Lawrence R. Velvel interviews Elizabeth Warren on her book The Two-Income Trap – Why Middle Class Mothers And Fathers Are Going Broke. Professor Warren is a Professor of Law at The Harvard Law School. The Massachusetts School of Law also presents information on important current affairs to the general public in television and radio broadcasts, an intellectual journal, conferences, author appearances, blogs and books. For more information visit mslaw.edu.

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What Color Is Your Advertising? How Color Theory Can Make Your Marketing More Effective

Posted under 0 apr credit card by admin on Thursday 19 January 2012 at 15:34

If you’re planning a marketing or advertising campaign, color is sure to play a key role in the success of your venture. After all, it’s pretty much the first thing your consumers will notice*, making color your best – and sometimes only – chance to get a message across.

Use of color in most design for marketing and advertising is dictated by certain obvious requirements; the need to reflect a specific brand, as well as the attempt to communicate a certain mood dictated by the product itself.

Company branding is pretty straightforward – specific colors dictated by logos and other devices will need to be incorporated into at least part of your design. It’s the choice of color scheme for conveying the ‘personality’ of a product that’s often a lot harder to come up with.

Sometimes the decision is partly intuitive – most people understand even at a very basic level that bright, saturated colors will convey a different kind of mood to neutral grays or browns. Experienced designers, of course, go further still, selecting and implementing colors on the basis of their effectiveness in the overall design. Here, the guidelines of traditional color theory often come into play as a kind of balancing act to ensure that all parts work together well and that the right kind of colors are used.

But what if some colors are actually more right than others?

We’re about to embark on an exploration of color related not just to its use in layout, but rather, the psychological and physical impact it’s likely to have on a viewer.

A big, and sometimes controversial undertaking, and we’ll first need to get a couple of things straight. While people often talk about a psychology of color, in reality, most psychologists would find fault with the accuracy of this term. This is because the significance given to various colors isn’t universal and unchanging – in many ways it’s quite the opposite: various cultures quite often associate the same color with very different emotions and ideas.*

Yet colors and their underlying fabric of sociological and historical connotation certainly do produce specific reactions in particular contexts – emotions, associations and even physical effects that can help advertisers in their quest for ever more accurate targeting.

And if this all sounds a bit hokey, at the very least, the idea that color can actively influence consumers shouldn’t be disregarded entirely. So let’s take a look at what colors seem to be telling us.

Red

Red, the most vibrant and powerful of colors, seems like a good place to start. Particularly since studies have shown that it’s the first color babies recognize, and one that continues to appeal to most people throughout their childhood and into their adult lives.

At a purely symbolic level, it’s the color of fire and blood, an association that’s common to all cultures and therefore extremely powerful. Less specifically, it’s a color that seems to be associated with energy, war, danger and power, not to mention passion, desire, and love.

So what does that mean for marketing?

To start with, some of these associations are so deeply ingrained that it wouldn’t be wise to use a color other than red to represent certain states. Try depicting extreme emotions such as violence or passion with shades of blue and you’re going to run into problems.

What’s more, it has been shown that in its brighter variations (tomato, pillar-box), red actually provokes a physical response by raising respiration rate and blood pressure.

For this reason, its use in ’sexy’ advertising scenarios or as an erotically charged statement (on lips or fingernails) should quite literally set hearts beating faster – and unusually, it’s regarded as equally arousing by men and women.

Whether the physiological ‘red effect’ occurs simply as a result of its associations; or because the color itself somehow provokes such a response; or, if, indeed, this effect relies on a combination of the two isn’t something that necessarily matters here. What is important is that red, like virtually every other color, exerts a measurable influence on the consumer.

More about the ‘red effect’

Quite apart from any physical reactions it might provoke, red’s association with force, and therefore power, is an extremely dominant one. Consider all the small details in our everyday lives that support this notion: red icons on switches to indicate their ‘on’ state, the plastic coating on ‘live’ wires, the tiny red glow that tells us an electrical appliance is working.

All of which makes red an ideal color to suggest fast-moving action or extreme force – examples of products that might fall into this category include computer games, action-adventure books or movies.

This deep-rooted association with power, coupled with the fact that it actually raises metabolic speed, also makes red a good candidate for any product that seeks to impart the idea of improvement, rapidity or physical change. Just a few of many possible examples include anything related to sport or speed (think of those red sports cars), energy drinks, self-help guides, or batteries. Even ‘fast-acting’ or ‘powerful’ over-the-counter drugs can support their status with at least a dash of red.

Perhaps as a result of all that heavy breathing, red also increases appetite, making it an excellent choice for advertising food (it’s popularly claimed that Chinese restaurants often use red color schemes for this reason, but there’s little truth in this – red simply happens to be a very popular and ‘lucky’ color in Chinese culture).

However, if enticing diners to eat heartily is something you’re aiming to do, an all-red environment is a good way to get stomachs rumbling.

Pink

Although it derives from red, pink has little of its big brother’s forceful qualities. In fact, although it’s usually perceived as a warm and fairly upbeat color, it is, of course, popularly associated with femininity and even passivity. A cliche, perhaps, but its vigor-reducing reputation has again been shown to have some basis in fact.

Famously, a shade of bubble-gum pink used in certain cells in a men’s prison was unexpectedly found to placate aggressive inmates. Research corroborated the fact that pink did indeed have significant calming qualities – although subsequent study revealed that after a certain time these effects were dramatically reversed as prisoners became more agitated and aggressive than before. (Surprised? You try living in a bubble gum pink environment).

Nevertheless, the fact that pink does induce at least a temporary sensation of calm makes it a powerful factor in the color-coordinated approach to advertising. Its peaceful, relaxing qualities and general evocation of comfort and softness have long made it a favorite for items such as toilet paper, cotton wool and ‘gentle on the skin’ toiletries, especially baby lotions.

This association could possibly be explored further as a background or accent color for items where comfort is key, such as bedding, sofas or carpets. Apply with caution, however – the strong association with femininity means that anything ‘too’ pink is likely to be snubbed by men.

There’s one other area in which pink has an interesting effect, however – and one that’s far less likely to alienate males. It’s well known that a high concentration of color in foodstuffs will lead consumers to believe they’re tastier, or even identify a flavor that isn’t actually present.* And pink coloring is a particularly effective way of suggesting sweetness.

This may relate to the fact that it’s often used as a coloring in candies, but whatever the case, the association is powerful enough to substantially increase a food’s perceived sugariness or even depth of flavor. Pink sprinkles or toppings will add oomph to vanilla ice cream, and pink marshmallows are often assumed to be sweeter than white ones (they aren’t).

Although in these health-conscious times sweet, sugary foods have lost much of their popularity, the marketing of certain products is still likely to benefit from a little pink-appeal: feel-good desserts, ice creams, shakes and certainly artificial sweeteners. It’s also a color that could be used to make sugar-free, healthier foods seem more enticing to kids – as long as Mom and Dad are able to see through the ruse themselves.

Green

Occurring naturally as a sign of plant growth and renewal, green is one of those colors that’s universally seen as positive, fresh and fertile. It’s also a color that, once again, produces noticeable physical effects. it’s the easiest color for the eye to assimilate and therefore one of the most relaxing; it induces feelings of calm and restfulness, and can even improve vision. In short, it’s a very positive color indeed.

This emphasis on nature, freshness and renewal means that it’s commonly used to emphasize the cleansing, ‘regenerative’ aspect of household items such as bleaches, detergents, air fresheners. But if you notice a certain irony in this, well-spotted, because green, of course, has steadily evolved into the symbol of all that’s ecologically aware. Which isn’t a label that applies to most cleaning products.

The widespread acceptance of ‘green’ in its current sense is actually a fairly recent phenomenon*, but with increasing focus on ecological issues it’s extremely powerful and will only gain in strength. So much so, in fact, that real care needs to be taken now that use of green doesn’t suggest a product is all-natural, organic or additive-free if it isn’t. Congruity in advertising – or the notion that what’s implied about a product should be supported by its reality – is one of the most vital aspects of marketing. Get this wrong, and there’s no consumer forgiveness.

Yet despite green requiring caution in advertising, its current associations have equally led to opportunities for more refined targeting. Wholesome, healthy food items are likely to be quickly identified as such through predominant use of green, and the same can be said for products or services associated with any type of healing, spirituality, or personal growth: yoga, slimming programs, alternative medicines.

Different greens, different meanings

Green is a symbolically complex color, and particular shades transmit subtly different messages. Darker greens – the classic color of bank-notes and bills – have long held an association with finance. The added implication of growth and fertility therefore makes green a good choice for promotion of many financial products, particularly saving schemes, pensions and insurance plans.

Lime greens, which emerged as popular trend color in the ’90s, denote an especially vibrant freshness due to their close relationship to effervescent yellows. As such, they make excellent keynote colors for fresh, healthy, energy-inducing products such as juices, tonics, vitamin supplements and energy drinks.

Finally, a further modern-day association with green stems from its use in traffic systems to signify ‘go’. This link with movement, forward motion and vehicles make it a potentially good choice for anything related to transport: carriers, train networks, buses. And for online advertising, try using green for buttons or links you’d particularly like clicked – you’re practically inviting a user to go ahead and do so.

Blue

Blue is by far the world’s most popular color. And as one that, like green, occurs in nature – the hue of skies, water and sea – it’s not surprising that it’s so well loved. With such universal associations and widespread appeal, blue is an important asset to any color theorist.

Unlike very warm colors, which provoke impulsive, passionate responses, blue is a cerebral color that’s commonly associated with clear thinking and intellect. For good reason, too, as its use in offices and workplaces has been shown to dramatically increase productivity and a sense of well-being. Perhaps more surprisingly, other studies indicate that blue can even improve physical prowess – weight-lifters typically perform better in blue surroundings. However, this is probably a secondary effect of its ability to sharpen concentration.

This association with clear thought and precision make blue a good choice for anything involving a high degree of complex manufacture, such as computing products, electronic goods or hi-tech appliances in general. Darker blues emphasize this association even further, and their widespread appeal among men provide a perfect keynote for high-end, precision-made items with a masculine focus – expensive cars, bespoke tailoring, luxury grooming products.

Given such a setting, it’s no real surprise either that blue emerges as a clear favorite in the corporate world. Its implication of steadiness and reason continue to make it an effective choice for much company branding, although its white collar associations can also suggest stuffiness and conservatism.

In its lighter, brighter shades, blue loses much of its cool aloofness and takes on happier, sparkling and spontaneous overtones. The pure and natural aspect of such blues convey a sense of cleanliness and freshness and are often used for cleaning products, detergents, deodorants and toothpastes.

Bright blue is also an obvious choice for the typical vacation. Evocative of cloudless skies and inviting pools or seas, it also gives a tantalizing taste of tranquility and relaxation by slowing down the metabolism and producing feelings of calm and well-being. A powerful message indeed, and one that makes blue an equally effective choice for health spas, beauty clinics and any other service where deep relaxation or therapy is a key selling point.

In fact, blue is such a flexible and well-liked color that it’s almost impossible to mis-use – with one major exception.

Foods, particularly meats, dairy products and staples such as pasta or rice, really don’t benefit from any kind of association with blue. To start with, that drop in metabolism will certainly reduce the appetite; but this doesn’t explain the fact that a blue/food combo can even induce feelings of nausea. (Try it. Add a little coloring to pasta, white sauce, or even better, light-fleshed meat such as pork or chicken. See how far you get before pushing your plate to one side).

It’s been suggested that we instinctively associate the color with something that’s rotten and unsafe to eat, but whatever the case, it’s not a great choice for marketing a ready-meal. And if you find yourself running low at your next dinner party, bring out the blue plates. There won’t be many requests for second helpings.

Yellow

Yellow is clearly vibrant, energetic and fun – it’s the color of sunshine, flame and fire and is closely associated with warmth, happiness and the positive energy such states create. It produces bodily responses that are perfectly in keeping with this reading, too; an instant feeling of well-being along with a noticeable boost to mental activity.

For this reason, it’s a color that effectively communicates the nature of products associated with vitality and stimulus, such as energy drinks, sports equipment, vitamin supplements or remedies. And as the perfect feel-good color, it’s a great choice too for promoting group leisure activities, clubs and social networks.

Visually, yellow has a high impact that’s hard to ignore, a fact reflected in its use for items such as sticky notes and highlighter inks. Since it demonstrably sharpens attention, too (back to the notes and highlighter pens!) it’s worth considering lighter yellows as a background for large amounts of text, especially copy that requires close attention such as tutorials, instructions, or rules and regulations.

Yellow does requires a certain amount of care, however. Very light yellows can often appear drab, especially on-screen, while brighter shades tend to become overpowering.

The yellow effect is an intense one, and its enervating qualities can quickly put people on edge. Yellow rooms make babies cry more, and they also provoke hot tempers and arguments. And finally, while it’s a color that can be used to market most products to women – from washing up gloves to expensive scents – men are far less likely to appreciate its use with expensive or luxury goods.

White

Pristine and pure, white appropriately signifies cleanliness, spiritual health and, of course, purity in most cultures. It’s considered a non-color to which nothing has been added, making it an ideal choice for products wanting to accentuate their unadulterated, un-tampered with goodness: no-frills items, reduced fat, low-sugar or no-additive foods, pure juices, skin-care products.

White is also the classic ‘clean’ color, providing the easiest way to add a sense of uncluttered spaciousness to print or screen graphics. Yet its association with cleanliness and hygiene (white clearly shows dirt so is commonly used in hospitals, for example) lends it a certain clinical quality that can deprive a marketing message of warmth or even context. For this reason, it’s best used with an accent color to combine the best of two worlds – the visual clarity of white and the emotional resonance of a carefully chosen highlight.

Remember, too, that on-screen, the combination of light-filled white with black text is fairly hard on the eye. Try choosing a tinted background for large quantities of copy (yellow is often a good choice, as mentioned above) or change the color of the text itself.

Black

Although in western culture the color black certainly holds several negative linguistic connotations (black magic, black market) it’s also very positively associated with authority, prestige and exclusivity (black tie event, black credit card, black mercedes).

A slightly confusing message, but in general, black can be used very effectively to denote cool sophistication and a powerful sense of extreme luxury or expense.

Pair this with the fact that visually, it’s a color that creates a real sense of depth while also focusing the attention more completely than white, and black makes an ideal backdrop for images of luxury goods or services such as high-end hotels. Men seem to respond particularly well to such a combination – perhaps because it’s also been shown that for guys, black is a color with marked erotic overtones (combine it with red and you’re onto a testerone-charged winner that’s bound to attract male attention!)

Black is also by far the most common text color; perfect in print, although on-screen the contrast with white can often seem harsh. A good tip is to consider using a very dark gray instead. And colored text against a black background is rarely a good idea except in small areas, as black backgrounds diminish readability and will quickly tire viewers.

Orange

With Its combination of energetic reds and feel-good yellows, orange is a color that’s clearly suggestive of fun, warmth and pleasure. And like its constituents, orange exerts an invigorating effect by increasing oxygen to the brain and stimulating mental activity. It’s therefore an excellent choice for any product associated with energy and vigor, such as sporting equipment or services, adventure holidays, theme park rides, energy drinks.

Think you’ve read something like this before? Well in fact, orange can impart very similar messages to red, but importantly, without its slightly aggressive edge.

Of all the colors, orange is also the best at stimulating appetite. So good in fact, that you may notice a lot of it in the snack or candy shelves near a checkout. Strategic thinking, because the orange ability to generate sudden hunger pangs will often lead to impulse purchases.

Yet orange, particularly in its brighter shades, is also a color that’s perceived as lacking prestige. Perhaps this is because its high visibility means it’s a frequent factor in motel signs, fast food outlets and similar ‘low-frills’ businesses, but whatever the reasons, it’s a color that’s become associated with lower-budget options and shouldn’t be used extensively for products wanting to impart a high quality message. (The opposite also holds true, however, making it a very good choice to indicate value for money, savings and discounts).

Purple

Mysterious, alluring, and very definitely regal, purple is a relatively uncommon color in nature. In the ancient world, its scarcity meant that it was highly valued, and rare, expensive purple dyes were used exclusively by nobility.

This association with wealth and prestige remains to this day, making purple, especially in its darker shades, an excellent complement to luxury items.

In fact, the association with expense is so strong that it can even be used to add a touch of instant class to cheaper products. For example, a bus company using purple livery would almost certainly be perceived as more luxurious than one using orange. The risk here, though, is that the consumer’s perception of comparative price might also rise accordingly – even if fares are identical.

Purple secrets

Purple also has some interesting hidden talents. It’s been noted, for instance, that many women find it an extremely erotic color, making it the female equivalent of the guys’ libido-enhancing black.

In fact, purple turns out to be a very girly color indeed – far more so than pink, the usual suspect. It’s a definite hit amongst young and adolescent girls for example, with some studies claiming that almost 75% rate it their favorite color. So while men seem fairly neutral about purple, if you’re looking for a color that speaks directly to the ladies, this may well be the one to choose.

Brown

And what about the guys? Well if you tried to guess, chances are you’d get it right. Brown, along with blue, is consistently voted a favorite color by men. And why not? Solid, earthy, dependable; it might lack the zing of the brighter primaries, but it resonates with a sense of trustworthiness and dependability. And if that’s the kind of message you’re looking to add to your marketing strategy, brown is often the right color to convey it – especially of course, if the product’s aimed specifically at males.

An interesting off-shoot of all this earnestness is the fact that brown is often claimed to be a highly ‘believable’ color, too. In other words, it’s more likely to add credibility to an advertising message – an important factor if your communication makes claims that may seem extravagant.

Bear in mind though, that if used too extensively brown can also have a stodgy, dampening effect. And whatever message your marketing is ultimately trying to convey, its main purpose is to stimulate enough visual interest to attract and excite instant attention.

But even in this respect, brown turns out to be pretty dependable: it easily converts into lighter and darker shades without losing depth, and can also be mixed with more dynamic colors – reds, yellows, oranges for a much more upbeat feel. So use the color recommendations given here to spice up a brown accordingly.

Planning an ad for well-made, hard-wearing, yet sporty gear for guys? Brown combined with a hint of red should give just the right message.

FOOTNOTES

* While images are generally more noticeable than flat blocks of color, they are, of course, usually dominated by a particular color in order to enhance and support an overall layout.

* One example would be the use of white clothing to signify mourning in India and many parts of Asia. In this article I’m focusing on color in the context of western culture.

* Numerous studies have shown that higher levels of coloring in food or drinks leads to the belief that they are stronger in taste than identical items with less color. Assumptions regarding color-taste correlation can even cause errors when identifying flavor; for example, a cherry-flavored drink colored purple may well be identified as grape.

* The color green has long been a symbol of ecologically motivated political parties and movements, but it’s only in recent years that this meaning has become completely mainstream through widespread media emphasis on global warming and other ecological issues.

* Oddly enough, red in this context don’t seem to provoke a ’stop’ response and will also work well for buttons, particularly if a quick decision is required. Green, however, will always be perceived as a less risky click.

REFERENCES

Bellizzi, Joseph A., Ayn E. Crowley, and Ronald W. Hasty (1983), “The Effects of Color in Store Design,” Journal of Retailing, 59 (1)

–, and Robert E. Hite (1992), “Environmental Color, Consumer Feelings and Purchase Likelihood,” Psychology and Marketing, 9 (5)

Birren, Faber (1978), Color and Human Response, New York: Van Nostrand Reinhold.

Gorn, Gerald J., Amitava Chattopadhyay, Tracey Yi, and Darren W. Dahl (1997), “Effects of Color as an Executional Cue in Advertising: They’re in the Shade,” Management Science, 43 (10)

–, and Patricia C. Smith (1959), “A System of Color Preferences,” American Journal of Psychology, 72 (4)

Hall, Richard H., and Patrick Hanna (2004), “The Impact of Web Page Text-Background Colour Combinations on Readability, Retention Aesthetics and Behavioral Intention,” Behaviour and Information Technology, 23 (May/June)

Hevner, Kate (1935), “Experimental Studies of the Affective Value of Colors and Lines,” Journal of Applied Psychology, 19 (2)

Jacobs, Keith W., and James F. Suess (1975), “Effects of Four Psychological Primary Colors on Anxiety State,” Perceptual and Motor Skills, 41 (1)

Madden, Thomas J., Kelly Hewett, and Martin S. Roth (2000), “Managing Images in Different Cultures: A Cross-National Study of Color Meanings and Preferences,” Journal of International Marketing, 8 (4)

Meyers-Levy, Joan, and Laura A. Peracchio (1995), “Understanding the Effects of Color: How the Correspondence Between Available and Required Resources Affects Attitudes,” Journal of Consumer Research, 22 (2), 121-138.

Middlestadt, Susan E. (1990), “The Effect of Background and Ambient Color on Product Attitudes and Beliefs,” in Advances in Consumer Research, vol. 17, Rebecca Holman and Michael Solomon, eds., Provo, UT: Association for Consumer Research,

Schaie, Klaus W., and Robert Heiss (1964), Color and Personality, Berne, Switzerland: Hans Huber.

Schindler, Pamela S. (1986), “Color and Contrast in Magazine Advertising,” Psychology and Marketing, 3 (2)

Wilson, Glenn D. (1966), “Arousal Properties of Red Versus Green,” Perceptual and Motor Skills, 23 (3)

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Vending Machine Business Start Up Costs

Posted under 0 apr credit card by admin on Tuesday 10 January 2012 at 03:25

One of the great things about starting a vending machine business is that it is possible to do it with minimal startup costs. If you do have access to considerable funding though you could also choose to purchase existing routes or jump straight into your own more professional set up. Depending on how you want to kick off your venture into vending, getting started could set you back anywhere between a few thousand dollars and several hundred thousand dollars.

A vending machine business can be started on a really low budget so it is best to start off slowly and take on less risk. You can then invest more heavily once you start earning some profit and decide that vending is definitely a business that you want to be in.

When it comes to determining the amount of capital that is required to start a vending business you need to take more into account than just the costs that you will face up to the point where you start doing business. You also need to consider the operating expenses that you will have over the first six months while your profits are still low.

If you start out full time then you may also need to set aside funds to cover your living costs for a period of six to twelve months until your business becomes profitable.

Let’s take a closer look at some of the vending machine business startup costs that entrepreneurs in this industry typically face.

Vending Machines

The amount of startup funding needed will vary greatly depending on the kind of machines that you want to start off with.

One trick to starting off on a shoestring budget is to start with candy vending machines which can usually be bought very cheaply on online auction sites for around US$150 or less each. These machines are cheap, simple to operate and candy and gum balls offer a great profit margin for little effort. Buy them in lots of one, two or three at a time and slowly grow your business as you find suitable locations.

If you do want to start out with larger, electronic vending machine equipment that vends snacks and hot or cold beverages then you are looking at much larger startup costs. New machines for vending food or beverages range in price from around $2000 up to $6000 per unit. As an inexperienced operator you would be crazy to buy new machinery and would be much better off leasing some machines for a period while you test out a variety of locations. Buying quality second hand machines is also one way to lower your initial outlay.

Other startup costs associated with vending machines include, security locks, tools for a maintenance kit and extension cords.

Don’t forget to allow for machine parts and repairs if you are reliant on hiring a technician when the need arises.

Rent for Business Premises

Most operators start a home based vending business and therefore don’t have the overhead costs associated with leasing commercial premises. If you have a spare room for an office and some space in the garage for storing machines you should be fine. Otherwise you can look at renting storage space.

Office and Administration

Depending on what equipment you already have and the scope of your plans you will have to spend a certain amount on kitting out your home office. You will likely require a desk, filing cabinets, a PC, printer, Internet connection, phone connection, stationery and possibly other office equipment as well.

Vehicle Expenses

To service your route effectively you will need a suitable vehicle. Depending on the kind of machines that you operate you may not be able to get away with using your own car and you may have to consider leasing a vehicle. You may require a larger van or light truck for transporting machines and stock and you might even require a vehicle with a refrigeration compartment.

Professional Fees, Licenses and Permits

You will be applying for licenses and permits in order to set up a legal operation that is in compliance with local regulations. You may also require the services of an accountant, an attorney or other professionals during the process of setting up your vending business.

Stock

Don’t forget that most of the time the machines that you are likely to purchase are empty and you will therefore need to buy stock for them. This can represent a considerable startup cost at first as you will certainly be looking to buy your inventory in bulk in order to save money.

Marketing and Branding

In order to get started making money with vending machines you will need to secure your first few locations. The initial marketing of your vending business may require some spending on advertising. At a minimum you will want to get a logo designed and have a set of business cards made up. Your initial marketing efforts will most likely involve making phone calls and pounding the pavement and the major cost here will only be your time.

Other Startup Costs and Operating Expenses

You will also have to figure in other startup costs and operating expenses such as market research, insurance coverage, cell phone costs and possibly commissions.

Don’t forget to make an allowance for unforeseen expenses and price changes. Your forecasts may be inaccurate and prices often rise over time or end up being higher than you first anticipated.

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Consolidated Credit Cards: Good Idea or Not?

Posted under 0 apr credit card by admin on Sunday 1 January 2012 at 21:28

Are you a recent college graduate? Did you accumulate thousands of dollars worth of liabilities spread out over multiple your credit card accounts?

Are you planning to combine the credit card accounts with a much lesser APR in order to save some dollars and make that monthly payment more convenient? Do you have a good credit record and pay on time? Need help?

The problem with most of the credit card consolidations is getting approval for the higher credit limit. In fact, most of the consolidated credit card deals are very tight when it comes to credit card limits.

Most of the people who want to consolidate their credit card have the same problem. For example, most of the students in college are planning to consolidate most of their credit cards after using it in order to assist their college years.

Now here is a big factor. The very vital aspect of most debt is how much is the total cost. The best credit is the cheapest credit ever. The credit card holder must be able to compare the rates of the total amount of the loans.

Many people want to combine credit cards simply because they are tired of handling too many accounts.

Be aware of the most often repeated mistakes like, consolidating at a greater rate for the effect of convenience of sole payment. It is a more delicate option to decide if it is worth for a little account in order to avoid extra amount of interest. It is advisable to find a way to avoid extra cost.

It is worthwhile when trying to consolidate all of the debt accounts into one make it sure not to leave a zero balance accounts. If the account has been closed, the credit option and saving interest will be closed also.

If the consolidated credit cards are paid on time, it is appropriate to keep it. The credit card has still its account and can be used in the future.

Now to further illustrate the consolidating and reducing rates,

As much as possible when consolidating credit cards, dealing with the representative can be very helpful. The representative can make a deal regarding other accounts and transfer it later on.

Make a comparison with other banks. Choose the bank that gives a great deal like raising credit limit or a much better rate. The bank can boost credit maximum value on the dot of few dollars. Keep in mind that, no matter what happen make a call to the bank and ask what they can do. If they offered a good deal, transfer the account right away.

What are the other consequences of debt consolidation?

An effect of combining debts is that, instead of having five separate payments to five separate creditors, it will become single payment for only one creditor.

There are many benefits to consolidating credit cards, one of this is straightforwardness. Imagine having 10 payments and several bills combined into one.

Some advice, research consolidation. It is very important to know the proper way of combining payments. Do not just get into some deal that will only put you on the “payment debt treadmill”. Do not enter into a trap of debt where consolidation of payments will only lead to more debt.

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Personal Finance Tips : How to Figure Interest on a Credit Card

Posted under 0 apr credit card by admin on Monday 2 May 2011 at 10:50

Interest on a credit card can vary from 0 percent to around 30 percent, depending on credit and offers from the credit card company. Discover what an APR figure is withinformation from a registered financial consultant in this free video on money management. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC

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Put An End To ALL Your Credit Card Debts In Just A Few Steps – Or Your Money Back!

Posted under 0 apr credit card by admin on Sunday 24 April 2011 at 01:16

Put An End To ALL Your Credit Card Debts In Just A Few Steps – Or Your Money Back! Review

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Put An End To ALL Your Credit Card Debts In Just A Few Steps – Or Your Money Back! Overview

The title of this ebook says what this contains.

You can put this to test and if you’re not satisfied for any reason whatsoever, you can ask for your money back.

In fact, if you are not totally thrilled within the first 10 minutes of your purchase, we INSIST you ask for your money back.

However, you have to actually put these methods to work. Reading alone won’t cut it.

We hate to do this. But we have to. So bear with us.

Our ebooks are NOT meant for two groups of people.

We see a lot of people buying an ebook and ask for a refund because they already knew the information. Believe me. There is a lot of difference between ‘knowing’ and ‘doing’. Only when you ‘do’ it, the change occurs.

So, if you are one of those who ‘know’, please spend your money elsewhere.

Our ebooks comes with a specific promise and ONLY when you actually implement what it suggests you can see the difference in your life. We are in the information business and not entertaining business.

If you just plan to read and not do anything with it, please, please give away your money to the entertainers. There are many who will gladly take your money in Amazon alone.

There is a bonus inside and you’ll absolutely fall in love with it when you see it. It’s hidden inside the ebook. If not for anything, this report is worth buying for that bonus alone.

With this kind of a guarantee and bonus, you have nothing to lose and everything to gain. All you have to do is to check if this is for you.

We’ll see you on the other side,

-Editorial Team Of MPowerUniversity.com

PS :About that bonus in http://mpoweruniversity.com, it’s ONLY for the buyers of this ebook, though.

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How To Use Credit Card Balance Transfer To Your Advantage – Or Your Money Back! Review

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The title of this ebook says what this contains.

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However, you have to actually put these methods to work. Reading alone won’t cut it.

We hate to do this. But we have to. So bear with us.

Our ebooks are NOT meant for two groups of people.

We see a lot of people buying an ebook and ask for a refund because they already knew the information. Believe me. There is a lot of difference between ‘knowing’ and ‘doing’. Only when you ‘do’ it, the change occurs.

So, if you are one of those who ‘know’, please spend your money elsewhere.

Our ebooks comes with a specific promise and ONLY when you actually implement what it suggests you can see the difference in your life. We are in the information business and not entertaining business.

If you just plan to read and not do anything with it, please, please give away your money to the entertainers. There are many who will gladly take your money in Amazon alone.

There is a bonus inside and you’ll absolutely fall in love with it when you see it. It’s hidden inside the ebook. If not for anything, this report is worth buying for that bonus alone.

With this kind of a guarantee and bonus, you have nothing to lose and everything to gain. All you have to do is to check if this is for you.

We’ll see you on the other side,

-Editorial Team Of MPowerUniversity.com

PS :About that bonus in http://mpoweruniversity.com, it’s ONLY for the buyers of this ebook, though.

How To Use Credit Card Balance Transfer To Your Advantage – Or Your Money Back! Specifications

Available at Amazon Check Price Now!


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How to toil RFID enabled credit cards cost $ 8 (BBTV).

Posted under 0 apr credit card by admin on Sunday 20 March 2011 at 23:18

A number of credit card companies now issue credit cards with embedded RFIDs (radio frequency ID tags), with promises of enhanced security and speedy transactions. But on today’s episode of Boing Boing tv, hacker and inventor Pablos Holman shows Xeni how you can use about $8 worth of gear bought on eBay to read personal data from those credit cards — cardholder name, credit card number, and whatever else your bank embeds in this manner. Fears over data leaks from RFID-enabled cards aren’t new, and some argue they’re overblown — but this demo shows just how cheap and easy the “sniffing” can be. This episode is part of our ongoing series of interviews with some of the thinkers, hackers, and tinkerers at the O’Reilly Emerging Technology conference this year. For more episodes of Boing Boing tv, visit tv.boingboing.net.

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Posted under 0 apr credit card by admin on Monday 21 February 2011 at 22:02

This is a short video demonstrations to users of our Tamil language. Video explains much: "What is MobiKwik?" And "How MobiKwik.com?" MobiKwik.com – prepaid mobile online applications and storage systems © Copyright 2010 Mobikwik Pvt Ltd, India All rights reserved.

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