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How to Sell Your Business with the Land and Real Estate It Owns

January 18, 2022

Running a successful business is an extremely rewarding endeavor. Building it up from the ground with hard work, determination, and passion. And then getting to reap the rewards once it has achieved its full potential. But it eventually comes to a point where selling your business is the next logical step. This might be because you are finally looking to step away and retire. Or maybe you want some capital to start up a new venture. Whatever the reason, selling your business is a long and arduous process. But one that is well worth it. But what if your business spans multiple locations? Or what if your business owns the land as well with a selection of real estate on it? These factors make the whole process more complicated. But it can be wise to sell your business along with all the land all in one go to avoid further complications down the line. So today we are going to walk you through how to sell your business with the land and real estate it owns.

Take Stock of Everything you Own

Before you can do anything we advise you to take stock of everything in your business. This seems like an easy step but it can be quite complex when you look at what you actually need to figure out. The simplest step is what real estate is yours. This is as simple as counting the buildings. Next, you need to figure out what land is actually yours. This can be a bit more complex. The exact boundaries of the land you own might not be as clear as you think. So you will need to contact the city ordnance to get specific details. Then you will need to take stock of the business assets. This includes supplies, machinery, staff, and anything else not covered by real estate.

Fix Any Existing Issues

Selling property and land is much easier if there are no pre-existing issues to deal with for the new owners. So it is vital that you look for any problems and rectify them. This might be costly but it will be worth it when you can charge a higher price for the properties. A great way to start this is to bring in a building inspector to make sure everything is up to code. Leaks, structural faults, broken stonework. These are all things that need to be fixed. Plus any electric issues as well. Next, you will need to ensure all your supplies and machinery involved in the sale are in working condition or still in date.

Get a Complete Valuation of your Business and Property

This is a very important step. And also a very time-consuming one. So the sooner you get onto it, the better. The easiest way to do this is to bring in an insurance appraiser and a real estate agent. Real estate agents are specialized in working out the value of properties, often including land. Insurance appraisers are trained in working out the value of a business based on all the other factors. Safety, supplies, profit intake, expenses, and everything else. While you won’t necessarily be getting insurance, you can still get the valuation for a fee and use this as a basis to make your sale. You will also want to take into account things that can be accounted for on paper. Such as the reputation your business has. This can be measured to an extent by checking analytics of social media exposure and adverts. Looking at your intake of new customers and looking at how many existing customers you have and how long they have been with you.

How to Actually Make the Sale

Now the final step. Making the sale. There are a few different ways to go about this process. So we are going to look at the key few. If you are in a tight spot or if you need to sell land fast due to time constraints then you can find a few different companies that buy any land for very competitive prices without much hassle. These companies often just buy the land itself but this will make the rest of the sales process a lot simpler. Some of these companies even offer to pay in cash which can be a huge incentive if you need the money quickly. In terms of selling all the real estate, if you are moving your business off the premises, then you will need to find a good real estate agent or broker to handle this for you. Make sure to talk to a few different agencies to find one that works well for you. Once you find the right agent you can leave the selling process to them. Make sure you discuss the upper and lower price limits you are willing to sell for. To sell the business itself you will most likely want to find a business broker. A business broker works much like a real estate agent in the fact they help people buy or sell businesses. Since you will already have a complete valuation of your company the broker can get to work straight away and find a potential buyer for your company. Just make sure you are fully ready to step away from your business completely. It is not a decision that should be taken lightly.

Easy Ways You Can Quickly Make Money to Support Your New Business

December 6, 2021

If you are someone with an entrepreneurial mind, then you have probably thought of opening up your own business before. Some of us simply were not made to work for others and we have ideas for companies and products that the world desperately need. No matter how determined or creative you are, owning a business is impossible if you do not have the funds to do so. In an idyllic world, you would be able to set up your very own business with a good attitude and hard work. However, we live in a capitalistic society and without money, setting up your own business is near to impossible. A lack of funds has deprived the world of plenty of fantastic businesses and companies, as many intelligent entrepreneurs have had to abandon their ideas in favor of financial stability. If you can relate to this frustration of not having enough money to open a business, you will be glad to know that you don’t have to just give up. The world around us is changing and now there are ways to gain financial support for just about any venture, as long as you know where to look and who to ask. Here are some easy ways you can quickly make money to support your new business.

Kickstarter

If you spend a lot of time on the internet, something that you may have noticed is an increased popularity in new businesses using Kickstarter. Kickstarter was specifically made as a platform where people who have an excellent idea, but no money, can ask for financial support from the general public. Kickstarter has been around for some time and it has proven to be a successful way to make money fast. Within Kickstarter, you usually offer incentives that make people want to finance your business. These incentives usually increase in quality as the donation gets higher and this has proven to be a great way to persuade people to support your business. Kickstarter is a very selfless way that people support new businesses and if you are offering a product that can really make a difference to the world, then you will likely gain a lot of attention. Kickstarter does take a small percentage of any profits that have been made, but you really will not notice any difference.

Pawnbroking

Something that a lot of people do when they are trying to fund a new business is selling a lot of their items. People usually sell high ticket items like their car or a sentimental heirloom. However, once you have sold these items they are gone forever, which can be quite emotionally devastating. Some people simply cannot bring themselves to part with their items, which means that they are unable to collect the funds needed to be able to open their own business. If you can relate to this feeling of not wanting to part with your possessions, then you should look into using a pawnbroker. If you have never used a pawnbroker before, here is a quick guide to how pawnbrokers work. Pawnbrokers are much like your usual second-hand buying stores. You bring the items that you want to sell and they will give you a price that they are willing to buy it for. However, instead of selling the item once they have given you the money, they will keep it. Your item becomes somewhat of a loan incentive. They hold your item and give you a set amount of time that you can pay them back for it. This is great if you are someone that only needs the money until you receive another source of income. However, if you do not pay the money back in the allocated time frame, they sell the item to make their money back. This is a great way to raise funds temporarily and it is a common solution that businesses that are just getting on their feet use, as they can get their items back once the profits start rolling in.

Asking Friends and Family

A big problem that a lot of people that are trying to fund a business face is being turned down by the bank for a loan. These are economically unstable times and so banks are becoming much more selective when it comes to handing out loans. If you have faced rejection, then something that you can do is turn to your family and friends. If you turn to your family and friends for money, then you won’t have to worry about paying any interest on the money that you have borrowed from them. They will likely be more than happy to support your business and they will not rush you to pay them back, which means that you don’t have to spend a lot of your time worrying.

Do Gaming Economies make you a Better Business Person?

April 22, 2021April 11, 2021

If you are someone that is immersed in the world of online gaming, then you may be aware of gaming economies. Though gaming economies have become much more popular in the past few years, the exchange of goods within games is nothing new. In fact, it is probably something that we have all been exposed to or taken part in as we have grown up. Now, depending on when you were born, gaming played a large part in all of our childhoods. Though people who don’t agree with gaming may disagree, gaming actually gives you a lot of transferable skills that you can apply to everyday life. Again, these skills can be easily disputed by people who don’t see the value in gaming. However, it is hard to deny that gaming doesn’t help to develop both communication and planning skills. Aside from the game itself, gaming economies are also a great source of transferable skills. You may not believe it, but gaming economies can actually make you a better business person, and here is how.

Maths skills

Though there

is a lot that goes into the world of business, one of the most important skills that you can have when trying to be a better business person is good maths abilities. Business circulates around money, which means you have to have the ability to calculate costs and also get to know how to make profits and successful sales. The business economy works a lot like the actual economy, so once you learn how to deal in the business economy, then you can transfer these skills to the actual business world. When you play several games at once, you also have to become familiar with several different currencies and exchange rates, especially when you are dealing with people from around the world.

Getting used to the cutthroat world

If you are someone that is familiar with the gaming world, then you will also be familiar with the fact that most people that you will play with will not be your friend. In fact, it is likely that you would have experienced someone trying to scam you out of your in-game currency or even try to steal your account details. This is such a regular occurrence that most games will actually warn you of this happening and encourage you to set up additional security for your account. Sorry to break it to you but the business world is just as, if not more, cutthroat than the world of gaming. If you think that people take virtual currency seriously, then imagine just how seriously they take situations in which real money can be made or lost. The world of gaming is so hard that it is even encouraged that you cheat. After all, even the top rust players won’t be able to beat you if you cheat. This mindset can easily be applied to the world of business and it is said that you should expect someone to try and cheat you, much like they do in the gaming world.

Patience

If you are someone that takes part in gaming economies, then you will know that patience is one of the most valuable things you can have. It can be tempting to try and sell on your goods or even exchange the money that you make as soon as you possibly can, however, the exchange rate and the money that you can make can increase or decrease regularly, so it is important to keep your goods until you are guaranteed some profit, just like in the world of business.

Understanding Business: How Social Media Sites make Money

March 13, 2021

Everyone has a social media account. As humans, we have moved on from staying in contact via letters and phones, instead, we share details of our intimate lives onto a social media wall that all of our close friends can look at and enjoy. Since the introduction of social media in the early noughties, it has become a very prevalent part of all of our lives. It is hard to go anywhere and see somebody not indulging in their feeds or messages to friends and more and more people join the sites every year. Something that you may have experienced when you join social media sites is that you don’t have to pay for any of your accounts. If you are someone who takes the time to question how social media works, you may be wondering how social media sites manage to survive when they have no income coming in? We wondered that too. Here is how social media sites make money.

Adverts

One of the most obvious and well-known ways that social media sites are known to make money is through advertising. If you have a Facebook or Instagram account, then you have probably encountered plenty of annoying ads when you are trying to check up on your favorite influencer or close friend. Though these ads may seem like an inconvenience, they are actually a very crucial part of maintaining the social media sites that you love to use. To keep these sites running, the sites need to employ a large team of people. These ads help to make sure that all of the crucial team members have the wage that they need in order to be able to fulfill their roles. But how do social media platforms make an income from the ads?

How ads work

Depending on the size of the social media platform, the platform usually will not have direct contact with the businesses that want to put ads on their site. Usually, they have a separate application process where the business will pay a set price and then input what kind of ads they want to be spread throughout the site. Usually, this will be a post that will pop up on select social media pages, based on the likes and activity of that social media account.

Big businesses

If you are a pretty big business and have plenty of cash to spend, then it is usually worthwhile getting into contact with the main body of whatever social media organization that you wish to advertise with. This is the best move as they will usually come to some agreement that means that you will be able to advertise throughout the site and not just to some select profile. Think of it as more of a collaboration than an advertisement, as the social media site will want to get all of your users to engage with them too.

Paid promotion

As well as being a great way for big brands to advertise themselves, most social media sites will allow their average user to promote their own posts. There has been an increase in people that want to make their social media presence something that can support them, which means that there are money-making opportunities for social media sites. Depending on the settings of your account, popular sites such as Facebook and Instagram, give you the opportunity to promote your posts to a larger following. Promoting your posts may lead to more people following your social media account, which will make you more desirable to any potential businesses that you may want to work with in the future. Most social media sites allow you to do this for an extremely reasonable price, but for those that don’t, people tend to use sites like social rocket that promise to do the exact same thing for you.

Subscriptions

Though it is not extremely common, some social media sites have various subscription services that you can sign up for. These subscription services usually increase the features that are available to you on your social media platform and gives you access to some of the private content of some of your favorite social media influencers.

Games

As the times have moved on, fewer and fewer social media sites are using games within the site as a form of income. However, there are still some sites out there that make a substantial amount of money from games on their sites. A good example of this is Facebook, which has plenty of games that are available to play. Though these games are of course free to play, there are also aspects of the games which may persuade a player to spend some real-life money, such as in-game currency. This money can be used to help support the social media site financially.

Why Iowa is one of the Best States for Small Businesses

March 13, 2021

Self-employment sounds like a dream to so many people. Rather than being an employee working in a dingy office with a strict boss, sitting at a desk for 8 hours every day doing the same repetitive work, being self-employed allows you to be your own boss. This gives you much more freedom and flexibility in your life and means you won’t have to just live for the weekends anymore. Self-employment allows you to start up something that you’re passionate about and are interested in and you can choose your working hours to suit you and your business. Some recent statistics from the census bureau revealed that in 2020 alone there were more than 3 million new small business applications as the idea of being self-employed is becoming more and more appealing. One really important thing to think about when you’re deciding to start up your own business is where to set it up, each state has vastly different laws and benefits around small businesses so it’s important to look at these to give your business the best chance of thriving, but you should also make sure it’s somewhere you’d want to live. Iowa is one of the best states in the US to set up a small business, keep on reading to find out why.

About Iowa

Iowa is a very underrated state, it never makes the top of the list for places for tourists to visit in the US but it is rated highly when it comes to living there. It is a fantastic state that has a lot going on it. The cost of living in Iowa is one of the lowest in all of the US, it’s around 10% lower than the national average in Des Moines, and in the lesser-known areas, it’s even lower than this. This makes Iowa a great place to move to as you’ll have much more disposable income as your expenses will be much lower allowing you to do more stuff. It’s not only living costs that are lower but house prices are also historically low, Iowa has the 2^nd cheapest housing out of all the US states. If you have a family and you want to move to start up a business, one big concern you may have is how it will affect your child’s education. Iowa also thrives in this area, Iowa has outstanding results for education. The literacy rate in Iowa is at 99% which is the highest in all of the US and also the highest graduation rate at 90%. So moving to Iowa will likely improve the education that your child would receive. It is also the 6^th safest state to live in, it has really low crime rates including the 2^nd lowest murder rate so you can feel safe raising your child here.

Why it’s great for Small Businesses

Iowa is known for being a great place for small businesses to thrive, from a dumpster rental in Waterloo IA to construction businesses in Iowa City, whatever your idea for your small business it’s likely Iowa can accommodate you. There are over 260,000 small businesses currently located in Iowa and thanks to the laws in Iowa amongst other things they are all succeeding. There are some really essential factors to consider when deciding where to start up your small business to make it more likely that your new business venture will be a success. The tax climate of the state you’re starting your business in can have a massive impact on how much profit you’re left with at the end of the tax year. States have different laws and tax rates, luckily if Iowa is appealing to you already it’ll become more appealing as they have a good tax climate for small businesses to operate in. Whether it’s income tax, insurance tax, or property tax, Iowa’s tax rates are favorable for small businesses. Consumer spending is a massive factor as even if you had the best business idea in the world and offered affordable rates, if the people living in the area of your business don’t have much disposable income and don’t spend then you’re setting up your business in an area that’s likely to fail. Luckily for you if you’re planning on starting up your business in Iowa then you’ll be working in one of the states with the highest rate of consumer spending and the citizen in Iowa are a great bunch of people who pride themselves in supporting independent businesses.

The Costs

Other factors that are worth looking into are labor costs to see how much wage expenses will be, business survival rate over a long period of time eg 5 or 10 years, and how climate change is affecting the area to see if it will affect your business. In some states, these could potentially be issues but in Iowa, they’re unlikely to affect your business.

How Crucial Is Search Engine Optimization To Your Business?

February 3, 2021March 10, 2021

In this of digital marketing, if you go through the print marketing, then that is not going to quite worthwhile. So in such a case, it becomes so important to spread about the information about your business services with social media marketing. Through this way, you can easily approach the number of people, and they can access the services that you are rendering. But when you talk about marketing, then you come across some kinds of challenges as well. On the contrary, you want to spread out your services. So you don’t need to get bothered about it. You have got a wonderful solution for that known as search engine optimization. The next question that pops up in the brain is how crucial is search engine optimization to your business aspects. Then you need to know that it ranks your domain on the search engine so you can easily get enough leads. The search engine optimization is easy to get done with the website’s domain.

What the search engine optimization technique does?

The search engine optimization is also known as SEO, short. So if you got a website through which you make the people aware of your services that you are rendering, then through SEO, you are trying to getting surfing traffic on your website.

This is a kind of technique that is done by some experts to rank the domain on the search engine. So indirectly, it increases the traffic on your website, which means your services are reaching several people. This is easy to get done at affordable charges.

Its name also suggests that it optimize something on the search engine. So if you are a business person and got a new business, then marketing through digital media is one of the best options. And if you get done SEO, then you can easily get enough leads. That is also important to explore your business.

The main benefits of getting SEO done

Getting done SEO for your business services is very important. For exploring the business and building strong business relations, search engine optimization plays a vital role. It not only helps in improving the traffic on your website but also improves the strong business relationship.
If your website is not ranking on search engines, then the visitors don’t pay enough attention to that. And to beat in this competition of digital marketing to get SEO done becomes important.
There are some people who are good at doing SEO with the websites. You can ask for that. One of the best things about these people they don’t charge so much for that. So you can get it done to them at affordable charges.

It is necessary for a business these days to understand their audiences well. Gone are the days when the businesses used to be controlled by the owner. Nowadays, businesses thrive on the support they receive from their customers. The market in modern times is fully controlled by the consumers, and this is the basic reason for the business’s strategies becoming more and more market intensive. Marketing is one such aspect of the present times business which has undergone a major change since the times of its inception. Digital marketing is the latest trend in marketing, which provides adequate publicity and popularity to the clients. With the help of a local business marketing agency, one can easily make sure to take the right approach to the market.

The Midas touch of the expert

Digital marketing has proved to be a wide revolution in the industry because of the expertise that the field has to offer. As the experts know, marketing is all about experience and skills rather than theoretical knowledge. You can read as many books as you want, but the practical aspects of the field can be obtained only by working in the industry for quite some time. Similarly, when it comes to digital marketing, not everyone can excel in the field. However, choosing a local firm can work in your favor as the firm shall be aware of every aspect of localized marketing. They would be well versed with the kind of audience that dominates the market and, based on it, would be able to generate the right kind of responses. This can greatly help your business for the short term as well as long-term too.

Avail of the marketing benefits at affordable costs

It is essential to make sure that the entire marketing strategy fits within the budget that you are ready to allow for the task. With the help of digital marketing, you can generate faster and more efficient responses from your target audience, and this shall help you cut down the cost of marketing. Apart from that, digital marketing also gives a personal touch to the regular marketing strategies by following a call to action approach. This characteristic of digital marketing ensures to generate the best of results at an affordable cost. In addition to this, the local firm shall be aware of the local conditions and shall, therefore, support local movement too.

Excelling the art of marketing

Modern-day businesses thrive on popularity. It is very important to think of newer and innovative methods through which one can easily climb the popularity path. With the help of a reputed and experienced digital marketing agency, one can get all the required guidance and support required to make the page or the website popular. The digital marketing agency is aware of some of the handiest yet innovative techniques to easily garner the required audience to your page.

Thus, to avail the benefit of an expert marketing strategy, make sure to consult a local digital marketing agency to deliver information about your business services through a website or blog. So it becomes important to get enough traffic on the website for exploration of the business aspects. So for that, you can go through search engine optimization. It helps in ranking your website on the search engine.

5 Tips For Marketing Your Reputation

December 11, 2020March 10, 2021

Being an entrepreneur, it is your responsibility to build a good reputation in the market and market your reputation online to get more business. Maintaining and marketing a positive reputation is of utmost crucial for your business, or else you won’t survive. Your targeted customers will not get attracted to your business, and they will find it harder to deal with your business.

Marketing your reputation is the most important thing that business owners need to do. It becomes more crucial when it comes to market your reputation online. Marketing your reputation online may seem very difficult at times, but with just a few clicks and online attacks, the reputation can be damaged seriously. However, the good news is you can have total control over this. If you are highly concerned about marketing your reputation in the way your customers perceive you, it will become easier for your business to flourish. Below, you will come across five tips for marketing your reputation online.

5 Tips on Marketing Your Reputation

Act Differently To Market Your Reputation Successfully

You must pick a reputation online that greatly makes a difference to your consumers and begin building it. If all your competitors are quoting lower prices, you must stress your outstanding services and high quality products. If your competitors are not very good I responding to emails, you must take advantage of this and respond to all the emails quickly to promote your reputation.

Advertise your Reputation in all Marketing

It would be best if you made it a habit to advertise the online reputation in all your marketing. It would be best if you considered making your reputation the headline of your website. Also, highlight your reputation statement on your business card. After that, you need to follow through to back-up your online reputation and prove that you deserve it.

Creating Good Content

With good content, you can continue building a robust online reputation for your business. Marketing your reputation this way is always effective as it enables your business to become an authority within your industry. If marketing your reputation is impossible to penetrate, then online content can do wonders. The online audience always keeps an eye on what you are doing, and hence your prime focus should be to offer as much value as you can. You need to prove that you are always there to help them with solutions, but not only to make money. This is where content can work for you.

Engaging

You can’t market your online reputation if your targeted audience feels like you are not accessible. So, it would be best if you had a strong social media presence. This will help you to interact with your customers and market your reputation efficiently.

Embodying Your Brand

Lastly, you are required to symbolize your brand in a bid to market your reputation. Remember, when your actions are not in alignment with the words you have said, then it may adversely impact your reputation amongst the audience. So, everything that you say must be in alignment.

How Much Does It Cost To Build A Website For Your Business?

The online era is a blessing in disguise for people who want and are searching for ways to establish themselves in the business world. Bringing one’s business online is a big step, and if one has decided to take this step, one should better be prepared for investing time, money, and sweat into it. What many people get wrong is that making a website is a tough task as it requires a specialist for designing their website along with this, they will be needing a regular sum of money that will be invested or paid to the company providing with the domain name and hosting services also take a substantial amount of money.

The estimation of real cost done by many sites on the amount required to make a website is very different; some state some price while others state something else. When we sit down to estimate real amount involved in making a website, it can be very easily segregated into different heads, and through this, one can decipher what is the actual cost involved in making a website.

Breaking down of cost into different heads for estimation

One of the biggest misconceptions that need to be removed from people’s minds about making or developing a website is that they need a specialist for website development. Making a website is very easy, and it does not matter if you are tech-savvy or not. Everything required for making a website can be easily availed, and there are different tutorials available online for walking you through the task of making a website. This is how one can save money on extra cost.

How To Budget A Low-Cost Website

The average estimation on making a website ranges from a hundred dollars to three hundred dollars if it is a beginner level website; if one decides to expand their website with extra features, it can go as high as thirty thousand dollars. To make a website, all one needs is a domain name, through which the website will be addressed to people. The second thing required for making a website is a web builder where one can get all the exciting features and effects that will light up the website and make it appealing to the audience. It does not depend upon the experience and tech-savvy you are; one needs a web builder to make a decent website. The ingredient to make a website is web hosting, which is the place where are information on the website is stored and kept.

This how a website is made, and only this much is required to make a website. Roughly to take a domain name, one can be asked to pay around fourteen dollars a year and to get web hosting, it can range to eight dollars per month, roughly estimating it to around hundred and ten dollars a year, which is quite a feasible amount seeing the return it will yield. If this happens accordingly, everybody will take your wordings seriously, and it will become easier for you to market your reputation online.

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