Protect Yourself With Small Business Insurance

small-business-insuranceWhether you are looking to become your own boss, have more control over money earned and time, starting your own small business from home can definitely be done successfully. Having the right tools in place to ensure your business security and success can make all the difference. newlookkooldeckandmore.com owner, Dave, started his concrete coating business from home and has grown over the years into a successful and busy company. One of the first things he did when starting his business was to acquire small business insurance and he can’t stress enough how important this seemingly small item is and the level of protection it offers not only you but your business as a whole as well.

What Is Small Business Insurance?

Small business insurance can be made up of different types of insurance such as:

General Liability Insurance, Business Property Insurance, Business Income Insurance. Combining different types of insurance can help you to customize the right amount and kind of insurance protection for your individual business. Small Business Insurance at the very minimum should protect the income your business generates, anything that may fall under your company property and liability claims that may be made against your business or services. While not all small business owners opt for all 3 insurance policy protections it is highly beneficial to consider all forms of coverage.

What Are The Differences Between The Insurance Policies?

Business Income Insurance- This type of insurance helps replace any lost wages due to limitations that keep you from being able to earn that income. For example, say your tools were stolen out of your work truck. If you are unable to complete a job or render your services to customers due to the loss of your tools the wages may be replaced because of your claim filed regarding your stolen tools.

Business Property Insurance- This type of insurance coverage helps protect those stolen tools that we mentioned above. It also helps to protect your physical business location should there be any damage done by fire, weather or vandalism to name a few.

General Liability Insurance- While it is a great idea to have all 3 policies in place for your business general liability is perhaps the most important. This type of insurance safeguards your business against liability claims made due to property damage, bodily injury, advertising injury claims made against your business.

Dave from New Look Kool Deck gives us a perfect example of how general liability insurance can really protect you. Being that he specializes in concrete coatings he does a lot of floor work and can often have hazardous areas that can be dangerous to customers and others if not marked correctly. Even with signs in place and safety precautions taken sometimes people just don’t pay attention. That being said when a customer’s aunt ignored the signs he posted in his work area she slipped and fell and broke her leg. She wanted to try to file a liability claim against Dave and his company to pay for medical bills and damage etc. Being that Dave had General Liability Insurance for his business he was covered should she be awarded any money through her claims.

Owning your own business offers great incentives like working from home, being in control of your own schedule, hours and money, however, it does come with its own headaches. Should you be thinking of starting your own home business it is best to look into all aspects of what being a small business owner entails. Making sure you have the right level of insurance as well as meet other important guidelines is not only detrimental to the success of your business but to protect yourself and other assets too.

 

 

 

 

 

Making Money Donating Plasma

donating-plasmaHospitals require so many fluids from your blood such as red blood cells, white blood cells, and plasma. And while there is no official way to make money donating white and red blood cells, you can actually make quite a bit of money donating plasma. And here’s how to do it. 

Eligibility- Before you can start, you have to see if you are even eligible to donate

  • Must be over 18 years old
  • Must weight at least 110 lbs
  • Must be in good health 
  • Must have valid ID and proof of address

Why Donate Plasma?

The reason you get money for donating plasma and not blood is that blood cells are given to hospitals to be given to patients who need them in blood transfusions. Whereas with plasma you are selling it to a business that uses the plasma to help develop medicines. 

What is Plasma Made of?

Plasma is a liquid that makes up a part of your blood. It is a clear liquid that is made of mostly water, but it also includes enzymes, proteins, and antibodies. 

How Long Will it Take?

plasma-donationIn order to get the plasma, doctors first need to draw out your blood, then separate the blood from the plasma, then reinfuse your original blood back into your body. Due to all of these steps, it will take anywhere from an hour and a half to 2 hours. 

Side Effects Of Donating Plasma?

Because the blood is put back into your body you won’t feel many of the side effects that you feel with normal blood donations. But your body may elicit a reaction with all of the blood that magically went missing for a while so it is best to stay hydrated and eat well as it will help your body recover faster. 

How Much Do You Make Donating Plasma?

Each trip will earn you around $50 per plasma donation, although each donation center is different. They might pay your more or less your first time and then maybe more for subsequent returns. And you can do this process twice a week every week. So that ads up to around $300-$400 per month!

Starting A Handyman Service

handyman-serviceNew homeowners are always looking to either improve or renovate their houses. Most likely they are either too busy or have too little knowledge on how to fix such things. This is where you can come in with a handyman service, not only are you available to help with such needs you are able to provide service for many home renovation needs such as drywall, hanging light fixtures, installing baseboards, etc.  However, as with any job, there are pros and cons to starting a handyman service. 

Pros

  • The schedule can be flexible. You can work as much or as little as you want
  • People are always looking to remodel, repair, or renovate their house
  • Much handyman work has a high-profit margin
  • Providing great service leads to return customers and often great referrals
  • It can be a labor-intensive job as well as light work giving you variety.
  • You can write off many expenses as business expenses, saving you tax money

Cons

  • Must be in good physical condition to work, so any injuries can ruin your work schedule
  • The workload can be inconsistent based on weather and seasons
  • Must get a license before you start 
  • Must also have liability insurance and even a contractor’s license
  • Startup costs to buy tools and equipment 
  • You have to build customer relations in order to gain a good rating and client base
  • Must have knowledge and skills in many departments such as plumbing, electrical, contractor, janitorial, etc. 

 Keep in mind the startup costs, licensing, and time it will take to build a loyal followingreliable-handyman-service for your business. If you have the dedication, capital and work ethic to start a new business service, a handyman business can be a great work from home opportunity. Take the time to do some research in your area on licensing fees, requirements, etc. You never know, a handyman service venture may just be the business of your dreams! 

Becoming An Online Teacher 

Believe it or not, thousands of students struggle in the normal school environment. And with more students completing their education online, the need for online teachers and tutors has risen immensely. Let’s explore the journey to becoming an online tutor. 

online-teacherHow to Become an Online Teacher? 

Obviously, to be able to teach you to need to be educated yourself. Teaching college-level online courses will require at least a masters degree if not a Ph.D.  You should have some in-person teaching experience, and years of it to prove that you know the basics of teaching and are able to deal with multiple students without the help of teacher assistants, principals, etc. Finally, this should go without saying, but you obviously should be familiar with the technology so that you can effectively administer, grade, and communicate with the class.  

What Is A Teacher Salary? 

Salaries for teachers are very dependent on things such as 

  • Type, of course, you’ll be teaching 
  • Level of classes taught (elementary, high school, college, etc) 
  • Institution Teaching at (state university, community college, etc) 
  • If you develop the course as well as teach it  
  • Your experience  
  • Number of courses you’re teaching 

With all of that out of the way, the Bureau of Labor Statistics says that the average salary for postsecondary teachers was $78,470. This doesnt include a difference between those who teach in person and those who do online teaching, But, it is safe to assume that the salary will be similar assuming that the variables are similar. 

Pros & Cons 

Some teachers who have had years of early classes and long stays in traffic would love to have the ability to work from home which is one main benefit of teaching online classes provides. Professors can now teach and grade from anywhere. Your whole day isnt consumed and you can complete so much more. The main downfall is that you dont get to experience that human connection that many teachers love. Seeing their faces when they understand a problem they’re stuck on or being there to instantly answer questions instead of having to respond to hundreds of emails. 

 If you are ok and capable of operating a whole class from your computer. Then you can make similar money to those who teach on campus and be able to work from home. 

Online Surveys- Can Money Be Made?

With the age of technology and the internet that we are in, there are numerous ways to make money online from home. Not all of these ways are entirely legit and qulify as scam-free.  However, many of you may have heard about online surveys and how you can make some quick extra cash completing them. We tjought we would share this video on different online survey sites that may work for you and to give you a little more info on what all the fuss was about.

 

In-Home Childcare Business-Pros & Cons

in-home-childcareThere are a number of ways to create a successful business and work from home.  Some of our previous posts have talked about different professions you can try your hand at and successful tips on how to get started working from home.  Perhaps one great career and business opportunity when working from home, and one that has been around for quite some time is in-home child care. The great thing about in-home childcare is that there is an ongoing need for it no matter the season, month or year.  Working parents are always trying to find the right and best childcare solution for their children when returning back to the workforce. What is even more interesting and allows for in-home childcare businesses to succeed is that many parents shy away from nannies and commercial based childcare facilities and would rather find a loving home environment around other children. So what exactly are the pros and cons of starting your own in-home childcare business?

Pros & Cons of In-Home Childcare Based Businesses

childcare-from-home

PROS:

  • Daycare For Your Own Children- If you have your own young children that need daycare services while you are working you no have to look no further than yourself. While your own children add to the number of children that you can watch depending on your states regulations you basically have free daycare for them
  • Great Schedule- If you are looking to have a Mon-Fri 9-5 type schedule with weekends and evenings free this is the profession to be in
  • Always In Need- Whether you lose a client because their child is now school-age or someone moved there is not shortage of clients that you will be able to find.  In Fact word of mouth recommendations are always a plus and most times you will probably be he one adding someone to your waitlist because you are a capacity.
  • Education/Structure- If you love teaching young children and creating a great structure for them to learn and grow this is definitely a job for you.  You can implement a great curriculum and fun while teaching your young charges and satisfying the parents that their children are learning and having fun while doing so

CONS:

  • Cost- The start up cost can be somewhat expensive when making sure your home is equipped to safely take on a decent amount of children.  You need to make sure that everything is in pace to provide a safe and secure environment especially if you’re offering childcare to varying aged children
  • Insurance- You will want to make sure that you have the proper insurance coverage for yourself as a provider and the children that are under your care.  Should any type of accidents occur in your home on your watch it can be quite costly if you don’t; take the proper measures for liability and protection.
  • License- Depending on the state you live in and its regulations becoming licensed and bonded can be a bit of a headache and sometimes costly.  Check into all the regulations, rules and fees before starting your in-home childcare business
  • Back-Up-  You will want to make sure that you have one or two “employees’ that can help you out should you get sick or have a personal situation to take care of.  You may be down for the count but working parents and their children depend on you. Having someone who you trust and feel comfortable with to help you can make all the difference.

home-daycareShould you decide to start upur own in-home childcare business it is best to weigh all the pros and cons to decide if it’s really the best career move for you.  also checking into your states rules, regulations and licensing procedures is highly advised.  You never know it may just be the best profession for you!

 

 

 

Starting A “Home Based” Business-What You Need To Know

home-based-businessIn previous article posts we have talked about working from home, how to be successful in doing so and different jobs that can be done from home.  However, what if we went down a slightly different “At Home” job path and instead of just working from home you set out to create a home based business?  While the two do have similar qualities they are also very different.  When working from home you are still working for another company or person.  When you start a home based business you are not only working for YOURSELF,  you are also creating your own business, which is very exciting in itself! While most home based business can be kept running from the confines of your own home there are MANY successful businesses that started out as home based and eventually grow into a full fledged business that requires additional office space.  So how do you go about starting your own home based business and grow it to succeed into a well oiled machine that grows into something larger and even more successful???

Going into creating a home based business the number one thing to ask yourself is, “will my business work from home”? Meaning if you wanted to start a business that required you to meet with an abundance of clients would you feel comfortable or want to give that many strangers your home address?  Is your business practical to run from your home and will you know when it’s time to move your growing business to an actual storefront or office space?  Rick, owns a hot tub maintenance business is Fort Collins, Colorado.  As of now he has two physical business locations that can be visited by his consumers but it wasn’t always that way.  He in fact started his hot tub business from home and overtime became more and more successful which lead him to opening his two stores.  What are some words of wisdom or advice that Rick has to offer others just starting out to ensure that your business is successful too?

Rick’s Tips On Starting A Successful Home Based Business

  1. Permits, Licenses, Structure- When starting a business from home you want to go at it as you would any “real” business.  Meaning you want to have the right permits, licenses etc. in place when beginning.  Some neighborhoods/HOA prohibit home based businesses.  Starting out above board and with all of your cards(permits/licenses) on the table will ensure that you are doing everything legally and by the book so as to not reap any negative side effects down the road
  2. Get a Post Office Box- That’s right, it’s always a good idea to rent a post office box for business related correspondence and mail.  This will limit the amount of people that have direct access to your home address, to help ensure the safety of both you and your family members.
  3. Homeowners Insurance- You may be thinking what do I need homeowners insurance for for my business?  Isn’t that what business insurance is for?  To cover all your bases and to protect your personal and business assets its best to look into if your homeowners insurance covers your home based business or if you will need to add further coverage.  Remember having all your cards on the table from the beginning helps to prevent liabilities and such down the road.
  4. Create a Business Environment- Just like with any other job from home you must treat it like actual work.  Set boundaries with friends & family during “office hours” and make sure to create a work space where you feel organized and able to get things done.  You will also need to make sure that you are keeping records, receipts and such of all income etc. This will help to make running your business easier and more efficient as well as simplify things when tax time rolls around.

work-from-home-strategyWhile there is a bit more that goes into starting a home based business these main tips provided by Rick can definitely help to make both you and your business successful.  Just remember Rome wasn’t built in a day, things take time but if you start out on the right foot and stay organized success is in your reach too, just like Rick!

At Home Jobs Via The Internet

There are many ways to make money from home either as a full time job or as a way to online-job-at-homemake extra cash in your spare time.  Especially with the online world and the use of the internet making money from home has never been easier in a sense! What are some of the different jobs you can do from home to bring in that extra cash?  Thinking outside of the box can actually produce some pretty easy ways to help boost your income from home!

Different Ways To Make Money From Home

 

  • Surveys- There are a number of different companies and research companies out there that will pay you to do online surveys for them. Each survey varies in the amount of time it takes to get them done and pay accordingly.  
  • Online Reviews- review both websites and apps and get paid for it.  Certain platforms out there will pay you up to $10 a review and each review takes roughly 20 min.  You will be paid via paypal and can receive funds instantly.
  • Affiliate Marketing- associated with blogging those that have a blog, a website or are have a presence on social media platforms can make money by advertising products and companies.  If some clicks on the ad or link you have set up on one of these outlets and buys something you get paid!
  • Review Music- If you appreciate music and love listening to it in your down time why not make money doing it.  You can review artists and bands who are not yet signed and make money to do so! And thought you had to have a great voice or instrument talent to make money in the music industry!
  • Tutoring- Now with online tutoring sites you can tutor via the web.  Think elementary, high school, or college math tutor etc.
  • social-media-consultantSocial Media- Are you skilled at all social media platforms, like making audience catching posts and perhaps taking pictures?  Now you can turn that outlet into a full time paying job. Becoming a social media consultant has never sounded better!  It may take a little work to get out there and get accounts but why not try it! You’d be surprised depending on the amount of accounts you have how much money you may be able to bring in.

 

 

The internet and online world is a great tool to utilize in your quest to create a stay at home job that will provide a good if not great amount of income.  There are still more options to be had when it come to online jobs so don’t hesitate to do some researching and explore your different options. You never know what may appeal to you or what you may be good at, not to mention what windows of opportunity may be out there to seize!

 

Behind The Blogger- Is Blogging For You?

starting-a-blogYou have a knack for writing and are a self motivated go getter.  What better way to make money from home, while being your own boss, than to start a blog and become a blogger?  Sounds pretty easy and a little too good to be true? In a sense it is. Why? Becoming a blogger/starting your own blog takes time, dedication, and not for those who tend to give up if they don’t immediately see results.  Blogging can be a great stay at home job and can definitely bring in a substantial amount of income, however, you have to approach blogging in the right way and really be ready to work for what you want!

Guidelines To Becoming A Blogger

 

  • Time To Build- a successful blog takes time to build and establish.  The amount of time it takes can also depend on the niche and the size of the audience associated with that niche.
  • No Quitters Aloud- Starting and maintaining a blog can definitely bring a lot of frustration, especially when you feel like those frustrations outweigh the good.  But YOU CAN’T QUIT!  Start by giving yourself a dedicated window of time thatsucceed-at-blogging you have before you look back and decide to give up
  • Be Realistic- being realistic goes hand in hand with sticking it out.  That means that you have to look at things without rose colored glasses or without being too optimistic.  Set reasonable goals and continue to challenge yourself with new goals once you have conquered the first ones.  
  • Treat It As A Real Business-  You have to treat it as a real business if you want blogging to be one.  Sure people may look at it as a hobby but the truth is if you want to succeed and grow your blog and it’s awareness you have to treat it like a real business.  Get up and get “ready” for work. Dedicate a space and time frame that you will be able to sit concentrate and get things done.
  • Consistency- You must post frequently and consistently if you want to begin to establish your foundation.
  • Network- You have to in a sense market yourself because you are your business.  Even if you a bit more reserved and have a harder time initiating communication it is important that you still reach out and do it!  The more you network the wider the audience you will have exposure to. Not to mention other opportunities that may arise from it.
  • Efficiency Is Key- It is important that you use your time and use it wisely.  Try not to get to caught up in the little details because that will prevent your from focusing on bigger things.  Establish a routine or type os system that allows you to get things done in the time frame you have set for yourself.

bloggingWhile blogging can be a great way to make money from home and as well as start a new fun & interesting career, you must also keep in mind that blogging simply isn’t for everyone.  If you give your hand a try at it and find it’s not for you, pat yourself on the back for taking the challenge and for trying it out. Then refocus your energy and decide what else interests you and go for it!