Wednesday, November 22, 2006

Helpful tips for Small businesses

Helpful Tips for Small Businesses
by Nan Wood

If you are looking to start a small business, there are many things you should know. Here are two helpful tips.

Be prepared for lots of work
One of the things that most entrepreneurs don’t expect is how time consuming and how much hard work must be done in order to start and launch a business. Starting a small business is not for everyone and usually only people that are looking for a challenge or are willing to put in the time and energy into the business will succeed in the long run. If you are interested in starting a small business, make sure you don’t have other full time commitments.

Create a Business Plan
It is extremely important to create a comprehensive business plan. While business plans do take time to create, they are a great resource for analyzing your business’s possible strengths and weaknesses, as well as figuring out how money is necessary to launch a business, operate it for a while before revenue begins to flow and figure out how much money you have for advertising, inventory, etc.

If you are thinking about starting a small business, keep in mind the above tips on creating a successful small business.

Nan, the million Dollar Real Estate Lady, has a blog at

Friday, November 17, 2006

Acting Into Appraisals

I found this mini article on appraisals. Since I haven't been faithful to you in recent days, I deced to share the simple info of appraisals. Hope you can use it.

Acting Into Appraisals

Investments, terms for loans, processes, and other parts of real estate can often be overwhelming to someone who hasn't received a degree in real estate. If you are looking for definitions and actions behind those definitions, then don't forget about getting the right appraisals. This will help you if you are looking for the right market for your home.

An appraisal consists of a professional opinion that is made about a property. Included in this opinion are several factors that allow for this statement to be made. Overall, the appraisal will lead to the conclusion of what the market value is. If the market price can not be defined easily, then someone can look at the different parts of the property and determine what they believe the market price should be. Usually, this will be done by an inspector looking at the various mechanics that may have been swept underneath the rug.

An appraisal is a necessary requirement when one is looking into selling a home or having the property insured or financed. It may use several external resources and definitions of what market value may include in relation to the opinion being made in order to determine the price value of a home. When getting an appraisal, you can expect that the estimates will be based around the various factors that are related to the market at the time. Instead of just examining the parts of the property, an appraiser will also examine the neighborhood and see what everything else is worth in relation to the property.

By appraising a property, you will know how much the home is worth in relation to your own needs on the property and in relation to everything around it. By observing the standards that are set both inside and outside, you will have the ability to know when the timing is right to get involved with your piece of real estate.

Monday, November 06, 2006

Real Estate - Should you fix up your home before listing it?

Real Estate Sales – Should you fix up your home before listing it?
By Nan Wood

Yes, you should fix all of the obvious things you can. When buyers visit homes, they look for the things they see that obviously need some fixing. Most buyers would rather not see the repairs in front of them. They want to buy a house that is in ‘perfect’ repair.

You should put yourself in the buyer’s shoes. Think like a buyer. Would you want to repair or fix up anything in your new home? No, you would not. While you are still in the buyer’s frame of mind, tour your house. Make a list of all the things you see that need repair.

Here are eleven obvious things to look for and correction any defects:

1. Do your walls need a fresh coat of paint?
2. How about the trim?
3. Are all of your floors and carpets in good shape? Do they need cleaning?
4. Are your windows and shades okay? Are the screens in good condition?
5. Do your appliances work properly?
6. Eliminate squeaks and cracks of all kinds.
7. Is your basement clean and organized?
8. Is your roof in good condition and non-leaking?
9. Check all faucets, fixtures and knobs.
10. Make your lights as bright as you can.
11. Clean the fireplace.

The time and effort you put into this list will save you money and aggravation in the sales process. You can do these repairs yourself or hire someone else to do them for you. The money you spend doing this will come back to you in savings. Your house will show better and sell faster in tip-top shape.

Nan is an Accountant and Real Estate Professional with an information and research site online RealEstateLady and a Business
Writer with a blog BusinessTips

Thursday, November 02, 2006

Maintain your Credit

Maintain Your Credit Rating
by Nan Wood

Having good credit in today’s society is extremely important. Without good credit, you will have trouble buying a new home, car, possibly find it difficult to find employment for certain jobs, etc. If you are having financial difficulties, here are some tips on preventing bad credit.

If you are late on a payment or can’t afford to pay your bills, this does not necessarily dictate you having bad credit. In fact, most people in their lifetime will be temporarily unemployed or ill for a period of time and will not be able to work. Many of these people will have bills that they will fall behind on. However, you can do a few things to avoid bad credit, even though you have fallen behind on your bills.

Make sure you contact your creditors immediately, whether it is your mortgage company, car company or credit cards. You can usually ask for a deferment or at least tell them the situation. Most of the time, they will work with you. You can create a payment plan where you can send them a little money each month, to show that you are in good faith willing to pay the debt off. For credit card companies, it is much easier for them to work with you then to send creditors to try to collect their money. If you are having financial difficulties, contact your creditors and communicate with them to come to a solution in order to prevent bad credit.

Maintaining a good rating will carry you thru all financing needs. Take care and you will have no problems.For online research on financing visit