Business licenses and permits are issued at all levels of government - federal, state and local (city, county, or town).

Not sure what kind of license or permit you need for your business venture?

Business License - This is the basic license that you will need to operate a business legally. If the business is located within city limits, a license must be obtained from the city; if outside, it is procured from the county. Contact your city's business license department to file an application.

Health Department Permits - If your business involves the preparation and/or sale of food, you will need a county health department permit.

Special State-Issued Business Licenses or Permits - You may need special licenses if your business involves the sale of certain types of products including liquor, lottery tickets, gasoline and firearms.

Special Federal Business Licenses or Permits - You may also require special business licenses from the federal government if your business involves investment advising, drug manufacturing, preparation of meat products, broadcasting, manufacturing tobacco, alcohol or firearms.

Types of Business Licenses and Permits

Investors who want to beat the market should be followers of the business cycle.

Business Cycle Phases

The phases of the business cycle are characterized by changing employment, industrial productivity, and interest rates. Some economists believe that stock price trends precede business cycle stages. As a result, the phases of the business cycle provide the strategic framework for economic activity and investing. The business cycle affects employees, employers and investors.

· Lower prices spur demand. Higher interest rates increase the costs to businesses and individuals. Companies must pay more to borrow money for capital investments or to fund daily business operations.

The business cycle has implications for markets and investors. Companies that do well when the economy is experiencing good times are called cyclical stocks.

Sam Stovall's states that different sectors are stronger at different points along the business cycle.

The hard part is to identify phase of the business cycle.

Sector Rotation Strategy

Sector rotation can produce excellent opportunities and must be carefully examined when evaluating the business cycle.

The business cycle offers investors a good way to beat the market. A sector rotation strategy that follows the business cycle, offers an excellent way to align one's portfolio.

The Positive aspects Of A Commence-Up Small business Strategy

Is beverage distribution for you? I started in beverage while I had my tool and novelty distribution business.

Don't get me wrong, the "tool distribution business" is a wonderful business and I still love it.

Finally I ran into a beverage manufacturer of an Energy Drink. Energy Drinks are the new Super Profitable products.

Let's get back to the Beverage Business. The great part of this business is that if you have only one customer going into the store buying your product you sell at least 1 case of that product per month.

You see; if you sell a soda someone can buy a soda every day, compared to a hammer, where people don't buy a hammer every day. You sell one Energy Drink and 2 Sodas.

If you sell only 1 case of the Energy Drink per week per store and 3 cases of each soda you'll make about $600 profit from the sodas per week and another $800 profit per week from the Energy Drink.

Not only that, the Energy Drink Business is incredibly fun.

Wholesale Business: How to Start a Beverage Distribution Business

Most people keep away from writing a start up business plan as they are under the false impression that it is just an academic exercise that is asked of people going to business school or college. Your start-up business plan highlights the relation between the local competitive market and your business. The start-up business plan can provide you a lot of value.

The Painless Way To Start off an Online Pet Provide Home business

As an online business owner you have probably heard others using audio to add another layer to their businesses. They may have an online radio show, a podcast, audio products, or host teleseminars.

As I mentioned there are several options for using audio in business.

An online radio show.

Audio products. Audio products are easy to create and can be a great source of additional income for your business. A strong list-builder for your business is a teleseminar.

Are you ready to start using audio in your business? If you want to start an online pet supply business, there are several ways in which you could go about doing it. Well there is help at hand because there are online pet stores that are ready made. When you sign up you will get a free start-up kit that includes an online pet store. Start an online pet supply business the quick and easy way and begin funnelling some of that cash mountain into your bank account.

Value Of Six Sigma In The Home business Globe

Churn Management

Predictive modeling of churn analysis and management aims at generating scores depicting the probability of the customers to churn out in future.

Business Definition of Churn Management

Defining churn is the first and foremost activity in Churn Management designing. Different companies define churn according to their business experiences.

Churn Parameters for business analysis

Customer demographics Customer demographics related data are used for segmenting the entire customer base depending on:

d) Customer Account Information

b. Monthly usage summary (Charged call count, Charged data volume, Free call ; Data amount)

Technical Quality:

Quality of service is a potential churn driver as call drops or inferior service quality increases the customer dissatisfaction and therefore churn probability. The Loyalty scheme related data is used for churn scoring.

Data Management

Data management is the foundation for a business analysis.

Data Management has three parts:

Load: Involves loading the data in the Business Intelligence Data Warehouse

Data Modeling and Churn Score generation

Once the authenticated data is available in the data warehouse, the data modeling is performed.

The data model generates individual customer's churn score which ranges from 0 to 1.

0 - Signifies least probability of the customer to churn

1 - Signifies highest probability of the customer to churn.

Usage information

Customer service/complaints

The top two parameters contributing to the churn score to be generated on individual customer level (for customers having churn scores greater than the threshold).

Customer Service/Complaints: The higher score in Customer service/Complaints signifies that the customer has called the customer care frequently and probability of that customer dissatisfied with the service is higher.

Implementing Churn Management Solution Implementation Steps

Data Analysis - ETL: In this stage, the data is extracted from the source system, transformed (cleaned/modified for missing fields and data quality is analyzed) and then loaded into Data Warehouse of the business intelligence tool.

Data Modeling: In this stage, the analytical data models are created by statistical methods (eg: Logistic regression method) on historical data for churn score prediction and Analytical Base tables are populated by data.

Reporting: The churn score (0-1: 0 - means less probability of churn, 1 - Maximum probability of churn) is generated at each customer/account/subscription level and corresponding report is generated.

Data management utilizes 75% of the total implementation time. Data Management includes:

Data Quality: Data obtained from the source systems need to be of high quality and error free. The major challenge in implementing a business analytics solution is obtaining a high quality data.

SAS in business analytics

SAS is a leading business analytics software and service provider in the business intelligence domain.

SAS - Telecommunication Intelligence Solution (TIS)

SAS Campaign Management for Telecommunication

SAS Customer segmentation for Telecommunication

SAS Customer retention for Telecommunication

SAS churn management and campaign management solution includes Segmenting the entire customer base

Scoring the individual customer on the basis of their churn probability

SAS Data flow (Architecture)

CRM system: Customer/Account/Subscription related data

Provisioning system: Activation date, equipment (Handset) age Billing System: Billing data

The data is collected in the Data Interchange Layer (DIL). Campaign Data Mart: This data is used for targeting specific customer segments for targeted campaign.

Business Intelligence tools help the telecom service providers to perform data analysis and to predict churn probability of a particular customer. As a business intelligence tool, SAS empowers the business to efficiently handle enormous volume of data and perform analysis on the available information for millions of customers.

SAS - Business Intelligence - Churn ; Campaign Management Solution For Telecom Industry

Is Ambit Energy Mlm Organization A Rip-off

Churn Management

Predictive modeling of churn analysis and management aims at generating scores depicting the probability of the customers to churn out in future.

Business Definition of Churn Management

Defining churn is the first and foremost activity in Churn Management designing. Different companies define churn according to their business experiences.

Churn Parameters for business analysis

Customer demographics Customer demographics related data are used for segmenting the entire customer base depending on:

d) Customer Account Information

Billing and Usage:

b. Monthly usage summary (Charged call count, Charged data volume, Free call ; Data amount)

g. Network Product information ( Voice, Messaging, Data)

Quality of service is a potential churn driver as call drops or inferior service quality increases the customer dissatisfaction and therefore churn probability. The Loyalty scheme related data is used for churn scoring.

Data Management

Data management is the foundation for a business analysis.

Data Management has three parts:

Load: Involves loading the data in the Business Intelligence Data Warehouse

Data Modeling and Churn Score generation

Once the authenticated data is available in the data warehouse, the data modeling is performed.

The data model generates individual customer's churn score which ranges from 0 to 1.

0 - Signifies least probability of the customer to churn

1 - Signifies highest probability of the customer to churn.

Usage information

Customer service/complaints

The top two parameters contributing to the churn score to be generated on individual customer level (for customers having churn scores greater than the threshold).

Customer Service/Complaints: The higher score in Customer service/Complaints signifies that the customer has called the customer care frequently and probability of that customer dissatisfied with the service is higher. Further investigation to the customer call interaction details can reveal the cause of frequently calling to customer service.

Implementing Churn Management Solution Implementation Steps

Data Analysis - ETL: In this stage, the data is extracted from the source system, transformed (cleaned/modified for missing fields and data quality is analyzed) and then loaded into Data Warehouse of the business intelligence tool.

Data Modeling: In this stage, the analytical data models are created by statistical methods (eg: Logistic regression method) on historical data for churn score prediction and Analytical Base tables are populated by data.

Reporting: The churn score (0-1: 0 - means less probability of churn, 1 - Maximum probability of churn) is generated at each customer/account/subscription level and corresponding report is generated.

Data management utilizes 75% of the total implementation time. Data Management includes:

Data Quality: Data obtained from the source systems need to be of high quality and error free. The major challenge in implementing a business analytics solution is obtaining a high quality data.

SAS in business analytics

SAS is a leading business analytics software and service provider in the business intelligence domain.

SAS - Telecommunication Intelligence Solution (TIS)

SAS Campaign Management for Telecommunication

SAS Customer segmentation for Telecommunication

SAS Customer retention for Telecommunication

SAS churn management and campaign management solution includes Segmenting the entire customer base

Scoring the individual customer on the basis of their churn probability

SAS Data flow (Architecture)

CRM system: Customer/Account/Subscription related data

Provisioning system: Activation date, equipment (Handset) age Billing System: Billing data

The data is collected in the Data Interchange Layer (DIL). Campaign Data Mart: This data is used for targeting specific customer segments for targeted campaign.

Business Intelligence tools help the telecom service providers to perform data analysis and to predict churn probability of a particular customer. As a business intelligence tool, SAS empowers the business to efficiently handle enormous volume of data and perform analysis on the available information for millions of customers.

SAS - Business Intelligence - Churn ; Campaign Management Solution For Telecom Industry

Baby Boomer Generation - Finding Financial Independence and Retire With a Work From Dwelling Organization

It's okay if there is another company doing it. For example, if your position is that you give the highest level of service, you shouldn't charge average prices.

If you are the pet odor removal specialist, you should run ads about pet odor.

Success In Marketing Your Carpet Cleaning Business

As a fellow member of the Baby Boomer Generation, I have thought long and hard on how to find the Financial Independence I will need to Retire. How can Social Security and Savings bring Financial Independence to this ever growing number? For the Baby Boomer Generation, a Work From Home Business may be the perfect answer for finding Financial Independence and to Retire comfortably in today's turmoiled economy. A Work From Home Businesscould very well provide a Full-time income while working only Part-time hours. With the Baby Boomer Generation now looking to Retire, that figure that will swell to 69.4 million by 2030. As investments plummet and the shear magnitude of Baby Boomers entering Retirement put the squeeze on Social Security, a Work From Home Business will provide the Financial Independence and ease of mind needed to Retire or possibly even Retire early.

The current retirement model is not realistic. The prospects for the Baby Boomer Generation wishing to Retire is looking bleak.For the Baby Boomer Generation, full-time retirement as a life goal is slowly losing its appeal.

Applying Operating and Economic Leverage in Consulting Company

Social marketing tips are focused on sharing relationship, particularly those online.

Social Marketing Tips - 3 Juicy Tips to Unleash the Power of Social Traffic in Your Business

Financial Leverage

After the 34% tax Net Income is $692,000. If EBIT increases by 20% the Net Income increases by 23%.

Loan ; $1,000,000 ; ; ; ; ; ;Interest rate ;10% ; ; ; ; ; ;Tax rate ;34%

EBIT ; ;$1,200,000 ; Interest ;$(100,000) ; Tax ; ;$(408,000) ; Net Income ;$692,000

20% increase in EBIT; EBIT ; ; $1,440,000 ; ; Interest $(100,000) Tax ; ; ; $(489,600) ; ; Net Income; ; $850,400

40% increase in EBIT; EBIT ; ; $1,680,000 Interest $(100,000) Tax ; ; $(571,200) Net Income ; $1,008,800

60% increase in EBITEBIT ; ; $1,920,000 Interest ; ; ; $(100,000)Tax ; ; $(652,800)Net Income $1,167,200

Operating Leverage

The ratio of fixed cost (FC) to total costs (TC) is called operating leverage. So if the company can utilize 10 consultants. If Fixed costs were $25,000 the net income would be $115,000 (for 10 consultants) and $205,000 (for 20 consultants), i.e. 78% increase in Net Income.

Revenue: $120,000 VC ; : $(30,000)FC ; : $(50,000) NI :$40,000

Revenue: $240,000 VC ; : $(60,000)FC ; : $(50,000) NI :$130,000

Change in #Consultants ; Change in Net Income 100% 225%200% 450%300% 675%

Need to I have a Facebook Group or Fan Page for my Individual Training Company?

And while making jewelry pieces is fun and even easy at times, actually selling the pieces and building a business with clients and customers can be rather difficult, especially if you've never been a salesperson or run a business before.

Here are three ways you can promote your bead jewelry business without coming on too pushy or spending a lot of money on advertising.

Let's say I sold a beautiful glass bead necklace to my child's daycare teacher. You can donate a collection of bead jewelry like a matching necklace, bracelet and earrings and prominently display your business card in front of your jewelry. For the whole evening people will be looking over gifts and seeing your jewelry and business card. If you can put a stack of business cards in front, do so.

Mix Web Sales with Table Sales: Don't try to sell all your bead jewelry at one venue or the other. The people who are really running success bead jewelry businesses are hustling and cross promoting themselves all the time.

There you go, three low-pressure way to increase your customer base and get your bead jewelry in front of more people.

Three Great Ways to Promote Your Handcrafted Jewelry Business

6 Techniques To Improve Your Home business Cash Flow

Merry Maids Franchise Business Review

Based on my last post, we talked about cash flow and how important it is in our business start up. This time we will talk of the simple strategies and business ideas to increase your cash inflow.Actually, I've combined the personal lessons that I have learned in my business as well as from the books that I have read.1. There are many ways to improve your cash flow just by little tweaks on business entity for being a corporation. Focus efforts on sales, marketing, and cash conversionOnce you focus on sales and marketing, it is expected the gross revenue will increase. But the problem with most business start up is that they are awed by high sales yet, their cash conversions are still very low.Converting your sales into cash that can be used in your business start up is what is important and not just mere sales and marketing. Create a business model that allows you to earn money over and over again.A very common business model is real estate. Monitor your cash flowI think this is one of the important things to do as a business owner.

Corruption in Home business

If you are willing to commit the time, effort and money into growing your business, you will start to see some positive results. Remember that you are building a real business and you give time for the business to grow. The sky is only limit and the amount of money that you can earn will be totally dependent on how much time, money and commitment that you put into your business.

Affiliate Marketing Income - How Much Can You Earn From This Business?

But there is much more to corruption in business as a check on the definition of the word will show.

Firstly we have financial corruption. One of the big problems for new entrepreneurs is that of cash flow. How many entrepreneurs will cut the price in order to persuade a client to take their product or service?

Marketing brings its own form of corruption. Entrepreneurs are as guilty as large marketing companies of throwing their morals and integrity into the dustbin in order to win business. ;I would contend that no lies are acceptable if you want a good business. ‘People buy from people' and people will only buy from liars and cheats once. Business is a process of mutual benefit between seller and purchaser and once you adopt practices that are for your benefit only then the business relationship is dead.

Finally, one very personal experience of how I almost fell victim to a corrupt business. I was approached on a business networking site from a man supposedly from Dubai. Stay honest and stay in business.