Opening A Wedding Invitation Business Is Inexpensive And Easy To Do

If you’ve been thinking of opening a wedding invitation business, let me just say, Do It! It’s very easy to do and, depending on which way you decide to go with your business, the start up cost can be as little as a few hundred dollars.

There are three types of wedding invitation businesses. The first type, where you work as a manufacturer’s representative, is probably the least expensive in terms of start up costs, and also probably the easiest way to get into the business, especially if you’ve never had your own business before.

In this business model, you simply sell the manufacturer’s ready made cards, you act as their representative in your area. They provide you with samples and order forms, and there’s usually some type of training or support system in place to help you when you have questions. Although there may be some small investment required to get sample books from the manufacturers, you don’t have to invest in any stock or supplies with this method.

If you’ve never sold wedding invitations before, this is a good way to start. All the work is done for you. The invitations are already printed and packaged, the order forms are already created and the pricing is already set by the manufacturer. All you have to do is sell the invitations and you earn a commission for each sale from the manufacturer. This way, you can concentrate on learning how to run a business, and the ins and outs of selling wedding invitations, without investing any of your own money.

Another option you have is to sell Bespoke. These are invitations that you create yourself from card stock, pretty papers and embellishments like ribbons and pearls and flowers. This type of invitation business requires the largest investment of time and money, usually $1000 to $3000, but also has the largest profits because you can set your own prices. And if you’re the artistic type, you’re creations can command a very pretty penny. This business model, though, requires that you have more than a basic understanding of business because, since you’ll be making the invitations yourself, you’ll have to know how to control your costs and how much mark up to include in order to make your business run profitably.

The third type of wedding invitation business, which is the best method in my opinion, is the combined business. In this case, you sell sell pre-made blank wedding invitations and stationery, that you get from a supplier, and you finish it off on your home computer. With this method, you’re not working for a manufacturer, you’re purchasing the blank invitations from a supplier. The cards are already decorated on the outside, all you have to do is print inserts for the invitations and other assorted cards, and then put the inserts inside the invitations.

Opening a wedding invitation business that concentrates on selling the combined invitations is really the best way to go because you have very little initial investment, only the few blank cards that you want to start off carrying, and you get to set your own prices. While not quite as profitable as selling Bespoke, this method is more profitable than if you were a manufacturer’s agent.

Negative Effects Of Taxation On Businesses

We know that taxation has got many advantages: they form the source of government revenue, they act as a tool to redistribute income, reduce inflation among many others. However, do you know that taxation also has its own limitations?

Well, issues of taxation are not just a preserve of the politicians. And complaining about high taxation is not just meant for the “selfish capitalist who doesn’t want to share.” There are many negative impacts of taxation in the economy, and that is why taxing business and individuals too much can easily lead to a decline in productivity.

It May Discourage Hard Work

In an effort to redistribute income from the rich to the poor, the government might find itself discouraging people from working hard to become rich, since with increase in income, the greater will be the increase in taxation.

For example, if someone knows that beyond a certain level of income, he will pay the government an extra 50 cents for every extra dollar he earns, he may be discouraged from becoming more enterprising. In the long run, this will reduce the productivity of the whole economy.

May Discourage Saving Habits

Since direct tax falls on income and not consumption, individuals may be penalized for saving money and investing it. Take a case where two people are earning the same amount of income during there working years. If each one of them earns $1,000,000 during their active years, they will be required pay the same amount of tax like $100,000. If one person decides to save and invest $200,000 and the other person decides to save and invest $100,000, the first person would have consumed less during his active years compared to the second person. If both persons earn then same amount of interest on their investments, the first person will earn more and taxed even more, and the second person will earn less and be taxed less. From this, you can see that someone will be tempted to avoid saving because there is actually no reward for saving money.

It May Discourage Foreign Direct Investment

Foreign investors look for opportunities to make money. For this reason, they are always looking for places or locations that are favorable to them. These are the locations that give them the chance to achieve their plans. High taxes may discourage investors from going into a particular country as these taxes will obviously eat into the income of the business entity.

With increased globalization, different countries aim to attract investors through a variety of measures such as reducing taxes and so on. It is therefore very easy for a company to move from one country to another simply because of the tax incentives offered in another country.

As people continue to debate about the importance of taxation and the negative effects of the same, it is important that governments understand that that although tax increases may seem beneficial in the short-run, they may end up being counter-productive in the long-term.

Mlm Business How To Improve Your Leadership Qualities

Do you care if your down-line network is growing in numbers? Or are they motivated?

If you are an individualistic person who only cares for yourself, you are in the wrong business. MLM members are independent and unsalaried sales people. In other words they are the company’s independent agents and they only earn their income from the sales they made.

Everyone in the network is working towards a common goal— that is to make money. To make money in the multi-level marketing business or MLM it needs members in a network to promote and sell the company’s products or services and they will be compensated with promotions and monetary gains.

Each member is directly dependent on the performance of their down-line for their success. If your down-line really is holding the reins that can make or break your business or can propel you upward in the network, then do you have the quality of a good leader that would make them work with you?

Quality No.1-Think big

A good MLM leader aims high and has big goals for himself and his down-line. If your targets are low and are easily achievable, you are not setting a high standard to follow. Besides he has to made their network popular so as to attract people to join them.

It is the job of the leader to motivate his down-line and provide them with the knowledge to recruit more members. The leader without a goal for his weekly and monthly targets will eventually fade and crumbles. Without a realistic targets, your down-line will not be motivated enough to push themselves. So as a leader you have to coach them and make sure they employ the right tactics on how to recruits.

Quality No.2-Be a guide to your down-line

Besides taking the initiative and motivating and guiding your down-line, leader has the responsibility to accompany recruits when they are out there prospecting. Other than conducting their own workshops and seminars, leader has to see that their down-line is doing it correctly too.

Quality No.3-Be results-orientated

To be a good leader, you have to lead by example. If you want your down-line to achieve a monthly $1,000 in sales, you must make sure you can top it up and sell $2,000. If you want them to get three new prospects every month, be sure that you can recruit more than three to show that you walk your talk.

Quality No.4-Be an inspiration to your down-line

Your results you have achieved will inspire them to work harder. People are motivated by successful individual who can prove to them that with hard work and the right strategies and tactics, anyone can also have the same success as you do. Sometimes you have to brag about your new sports car you have just bought or the new house in Beverly Hills you have just moved in to show them that your business opportunity works. After that, what you say gets noticed and you have just earns their respect as a leader.