Financial Planning – A 6-step Process

The financial planning process can be broken down into the following six steps:

1. Establishing and defining the relationship with the client

2. Gathering client’s data for the purpose of analysis

3. Analyzing and evaluating the client’s financial status

4. Developing and presenting financial planning recommendation(s)

5. Implementing the financial planning recommendations 6. Monitoring of the plan

The following are the details.

1. Establishing and defining the relationship with the client

To go through this step, the financial planner will have to define the scope of the engagement with the client. Prior to providing any financial planning service, the financial planning practitioner and the client will have to mutually define the scope of the engagement.

This is really quite important. The process of mutually defining (and agreeing) the scope helps to spell out the type of activities that are necessary in order to carry on with the provision of the service.

This may include but not limited to

a. Identifying the services to be provided.

b. Disclosing if there is any material conflict of interest from the financial planner.

c. Disclosing the how the financial planner is to be compensated

d. Determining the client and practitioner’s responsibilities.

This first step is necessary to establish realistic understanding for both the client and the financial planning practitioner (or financial planner).

2. Gathering Client Data

This step is basically a process to find out more about the client and will cover the following areas:

a. Determining a client’s personal and financial goals and priorities.

b. Obtaining quantitative information and documents from the client.

3. Analyzing and evaluating the client’s financial status

During this step, the financial planner takes the client’s data to thoroughly analyze them. This is to gain an understanding of the client’s financial situation and then evaluating how much of the client’s financial goals and priorities can be met by the client’s resources and current action.

4. Developing and presenting financial planning recommendation(s)

The financial planner will determine and evaluate all reasonable solutions available for the client. He will then have to develop suitable financial planning recommendations, taking into account step (3) above. Once he has developed these, he then presents it to the client. The client will then consider if he wants to implement them.

5. Implement the financial planning recommendations

At this stage, the client will have agreed on certain recommendations or solutions to be implemented. The financial planner and the client will mutually agree on the type of services (if any at all) to be provided by the planner.

6. Regular review of the plan

This step involves monitoring and reviewing the recommendations and the client’s progress of the financial plan. It may also involve reviewing and discussing with the client on the changes (if any) in his personal circumstances as well other new situations e.g. changing tax laws.

Reaching your financial goals is not too hard, as long as you follow this six-step process.

Cleaning Company Advertising For The Internet

You know youre the best at what you do. Youd urge anyone to turn their home or office cleaning over to your company. Shouldnt you do the same thing turn your cleaning company advertising over to the best? MaidsandCleaners.com Network provides the best quality cleaning leads youll find anywhere.

In todays troubled economy, individuals and families have less time than ever to spend on cleaning. Theyve also gotten used to having the world at their fingertips via the internet. Cleaning company advertising is only effective if the right people see it. At MaidsandCleaners.com, we make that happen, finding you quality cleaning leads every time.

CLEANING COMPANY ADVERTISING FOR THE INTERNET

Geo-targeted SEO (search engine optimization) allows us to get your cleaning company advertising in front of just the right eyes. When people use search engines like Google or Yahoo to find cleaning or janitorial services, you need to be sure your listing is among the first. Thats what we do at MaidsandCleaners.com. Using a carefully chosen combination of keywords set in original content, were able to boost your position in search engine results.

Our geo-targeting system allows you to get your cleaning company advertising to people who are specifically seeking your services in your area. Its an exciting method with proven results. Our methods bring you the kind of cleaning leads that really pay off. Our clients report tremendous increases in revenue following implementation of these plans.

THE BEST CLEANING LEADS

Its important that cleaning leads be handled in the moment. In our fast-paced world, vendors often cant afford to wait. Our cleaning leads are always fresh and available to you for immediate action. Our specialized system allows customers quick access to service, and allows businesses a ready forum for cleaning company advertising.

Youve worked hard to develop your business. Let us work hard for you by providing you with the best cleaning leads on the market. Its our job to make you shine. Trust your cleaning company advertising to the company that does it best MaidsandCleaners.com.

Revealing The 4 Critical Stages Of Growth In Every Successful Network Marketing Company

This is something that most establish network-marketing companies wont tell you about

According to MLM Next Step LTD:

In the early 1960s, franchising was a revolutionary new technology in business and it was also met with resistance. Newspapers and magazines wrote what a scam and rip-off franchising was. Stories of people who lost their life savings to some franchise were everywhere. There was a strong move to make franchising illegal. In fact, franchising actually came within 11 votes of being outlawed by Congress.
Today, this so-called scam is responsible for over 34 percent of all retail sales in North America. Franchises sell nearly 800 billion dollars worth of goods and services today. Every industry goes through an evolution similar to this. Chiropractors were considered quacks in the 1970s, the stock market was considered shady and a form of gambling and the first newspaper in British North America, The Public Occurrence (1690), was suppressed by the governor of Massachusetts. Now, we almost can’t do without these industries.

Formulation:

Creation of company: You must first create your company, along with a catchy name, as well as marketing tools.

Product management: Manage your products, whether they are your own or an affiliate product. Delete the ones that arent selling and market the ones that are!

Getting top gun recruiters into the company: You need a team to make your company successful. Getting the best recruiters on your team will bring you much closer to success.

Drafting out a compensation plan: How will you compensate those on your team while still making a profit?

Company is shown to the world: Get the word out about your company through PR. Begin with an eye-catching press release.

Concentration:

Formulation of a robust company
50% out network marketing companies go out of business in the first year.
80% of remaining network marketing company wont even get pass the 3rd year.
Those who pass the 2 most important criteria are game for great momentum growth.

Momentum:

1. Hit the masses.
2. Steep Surge of sales figure; imagine that of a tsunami wave.
3. This is where HUGE money was made.
4. Huge numbers of distributors join the company.

Stability:

Finally the network marketing company, which passes the formula, concentration and momentum stage, will reach stability stage.
There will still be growth in the company but not of huge proportions compared to the momentum stage.

Most importantly, what is in it for you? If you were to ever join a network marketing company, make sure you ride on the tsunami wave where it is in its infancy and enjoy the process. As technology is moving at a staggering speed, a company that uses Internet as a recruitment platform will go much further and faster.

Factors That Determine The Growth Of Network Marketing Companies

The fastest growing network marketing companies all share the same characteristics. Trying to learn how to expand your business? See what the best are doing and make sure that you have the right product and marketing practices.

The Right Market Niche
Finding a market niche is the first prerequisite for significant MLM company growth. A product that is similar to dozens of others will be very difficult to position properly.

The fastest growing network marketing companies are innovators. They find an empty market niche or they create a new need. This way, companies are capable of guaranteeing their good market positioning. Having to compete against well-established and popular networks is going to make the start of the endeavor rougher.

The Right Marketing Strategy
A good product needs a solid marketing strategy. Identify your audience and come up with a plan for reaching these people and delivering an interesting message.

The marketing plan should be perfected early enough. In a world of tough competition, each company is doing its best in terms of reaching prospects and delivering an attractive message. Define the key interests and preferences of your target audience and build a marketing strategy that corresponds to these factors.

Proper Use of New Technologies
Some of the fastest growing network marketing companies are innovators. They discover new methods of doing promotion, reaching the target audience, selling products and attracting new network members.

Make use of internet, mobile browsing and ecommerce technologies. All of these tools will help you grow your network without having to invest large sums of money in the process. Something as simple as building a functional website can help you maximize revenue generation opportunities.

Training and Support for New Members
Creating team spirit and increasing the loyalty of your network members can also be determining for the success of the company.

Invest in training new members and providing them with the tools needed for the establishment of a successful career. Network members who feel supported will be willing to recruit other individuals and grow the business.

Team activities, training sessions and seminars are the key to building a great team that will feel stimulated and encouraged to sell more. The team dynamics should be in the foundation of your business growth strategy.

Establishing and growing a network marketing business can be easy, depending on the preliminary research and the business strategy that you come up with in the beginning. Take your time to prepare yourself and to create the perfect plan. Knowing what you are doing and where you want to be in the future will make it much easier for you to figure out how to get there.

Tort Laws Mean Texas Auto Insurance Is Critical

Texas Auto Insurance Keeps You Safe When At Fault

Most states today require that drivers carry insurance on their vehicles in order to be allowed to drive, and Texas is certainly no different. Texas auto insurance policies help keep both you and other parties safe. In the event of an accident, your insurance policy can pay for bodily injury and property damage done if you are at fault, and the other partys policy will do the same if they are at fault. Unlike many states, Texas does not have a no-fault system. This means that one party is always deemed responsible for an accident and that if you do not have Texas insurance, you could be responsible for major expenses and fines.

What Happens If You Dont Have Auto Insurance in Texas

If you are caught driving your car without auto insurance in Texas, you can be subject to hefty fines and penalties. Repeated offenses will also result in the suspension of your driving privilege. But the real costs happen if you are in an accident without coverage. Without insurance, not only will you be subject to fines and legal penalties, but you will have to pay for property damage, bodily injury, and any resulting death out of your own pocket. Simply put, driving without Texas auto insurance is very dangerous ground.

What to Seek in Texas Auto Insurance

When you are looking for quality Texas auto insurance, there are a few things you want to look for. When you can find all of these things in an affordable policy, you can breathe much easier.

Texas insurance that meets all state minimums

Auto insurance in Texas that covers the full

lien, if any, on your car

A policy that will pay quickly in the event of

an accident

A policy with affordable premiums and all

needed coverage

Great Texas Insurance Can Keep You Safe

Having a quality policy for auto insurance in Texas can give you greater peace of mind when you are behind the wheel. An accident can destroy your life and your finances, and knowing that you have the coverage you need can make a big difference. Taking the time to find the right policy for your needs should always be a priority, and you will find that in some cases it may prove much better to get coverage above and beyond state minimums. Speak with an insurance agent to find out what type of policy might be best for your needs.

Motor Trade Insurance To Cover More Than One Vehicle And Business Places

Mostly in this business you have more than one vehicles and want get Motor Trade Insurance which will be fitted to your business. There are some companies which are online and can provide you these services. You can contact with these companies and can get insurance policy which can cover all vehicle within single policy. There are several companies which are doing their best to provide cheap insurance to customer. You too can contact with these companies and can get cheap insurance. These companies can give you special discount for more than one vehicle. Also if you are getting insurance for long time, you can get more discount on purchasing Motor Trade Insurance. When you are looking for appropriate insurance, in these things it is necessary to purchase insurance which is according to your business need and in which you can get some advantage. Just like, you can get advantage from special discounts which companies are providing. Mostly companies are providing cheap Motor Trade Insurance if you are more than twenty five.
So while purchasing Motortrade Insurance you can keep these things in mind and then can purchase cheap insurance. If you are finding insurance, you obviously want cheap insurance and you can available cheap insurance through these policies. Another source which can reduce the expenses of insurance, you can contact with some experienced companies and can get insurance which is fitted to your business. Some companies have designed some policies and they are giving these policies to customers, mostly on customers request. But dont rely on these designed policies. You have need of fresh policies. Experienced companies have appointed experienced Motortrade Insurance who can create policy according to your business needs and you can easily get insurance which is best for you. There are some companies online providing info about Motortrade Insurance you can concept with these companies online and can get info about insurance. There are several methods of communicating with company brokers to get best insurance. First you can contact with them via mail, can get quote which they re specially designing to your needs.
Second is direct contact with brokers of Traders Insurance who are giving contact with them on professional sites. You can open these sites and can contact with them according to the given instruction to have best insurance. It dose not matter you want purchase Traders Insurance from a contact or not. It is credible for company or brokers to provide you information about insurance because they are working in this field professionally and have enough knowledge to lead. However you know your needs better, just explain some needs and ideas and answer the asked questions and purchase Traders Insurance from online companies without any tension, insurance which is fitted to your needs and in financial approach.

Online Advertising Versus Other Means Of Promotion!

Advertising on the net is considered more advantageous. Modern brand and business owners therefore create an online presence of their products and services and also prefer to launch their promotion campaigns in the form on Online Advertising. Winning the attention of modern advertisers, internet advertising sets the tone as one of the most in-demand means of brand communication at present. In this blog, let us take a look at a few advantages of web advertising over other means of promotion.

Internet advertising media is a cost-friendly means of communication. With a defined budget, one can choose the most relevant form of online advertising to promote the product or service. Banner ad campaigns, emailers, virals, PPCs, pop ups etc. are a few forms of web advertising form which the brand owner can choose from. Social networking advertising i.e. promoting a brand or business message on social networking sites such as facebook, twitter, MySpace etc. has also become a trend among modern advertisers.

An online advertising has an added advantage over print or other advertising media in terms of the availability of brand message. When customers visit the website where the brand message is displayed they can easily go through it. Like an outdoor ad display, this ready availability of brand message is one of the assets of launching an ad campaign through internet media.

One of the major advantages of Internet Advertising over other mediums is that the brand is exposed to a wide target market through it. An online ad display is not limited to a particular region or country, anyone who comes across the website and sees the ad display can access the brand message. An online advertising message is also a customized means of communication. Customers do not feel pestered with the brand message through online media. They can either go through the brand message or simply click on close button to do away with the brand message. No other advertising medium provides this facility.

The Importance of Getting a Travel Insurance

Most often, a person travel without taking care of his travel insurance. Don’t you know that you will get enough protection from the company that issue your insurance if you can plan accordingly. The main purpose of getting an insurance when you travel is self-protection; protected from any lost of valuable things, medical assistance, refund of tickets in case the flight is cancelled, and other situation occurrence that affect your personal travel in general. All of these are guaranteed to be paid the moment you have an insurance while travelling abroad. It is imperative that you carefully check the insurance travel policy to determine what are those covered areas of your insurance by the time you travel. There are some instances that the policy does not cover both illness and injury on your medical needs. This had become the common problems for travelers who is not fully aware of the laws incorporated under the insurance policy they purchase. The insurance company is no longer liable for problems that is not covered by the policy they issued. Always remember that you are only protected by your travel insurance with the specific terms and conditions stated and this is irrevocable. On many occasions, there are travel insurance companies that include coverage for children at no extra cost under their insurance policy. This is what you must check if you are planning for a long vacation with your entire family. The premium policies commonly cover 5 to 7 percent of your travel costs but these fees changes from time to time. For safe and hassle-free travel, make it a point that you are caring an official insurance certificate because this will help you a lot in different situations like cancellation of travel ticket, lost of baggage’s, dental and medical issues, death and accidents, evacuation, and more. Travel Insurance-How Affordable? There are so many ways that you can inquire for cheaper insurance online. The fact is, hundreds of these companies have their respective website promoting back-to-back promos of insurance policy that you can get for less. The price is highly dependable to the type of insurance services a company is offering. Some promotions are very enticing but don’t be confused and try to focus on what you are looking for. Never forget to ask for travel insurance quotes; compare the prices and determine the exact amount you need to spend. Travel Insurance Duration-How Long? When you are off for a short or much longer holiday trips, you can always keep your personal interest at a good stand point when you are insured from the time of your departure and arrival. The number of days an insurance can be used depends on what is stated under the terms and conditions of your insurance policy. This will be counted in the number of days you traveled. By the time your trip ended, your travel insurance can no longer be used. Keep in mind that some insurance have expiration dates.

Can Network Marketing Make You A Billionaire Tough Mlm Questions Answered

Multi Level Marketing is no easy ride, but with commitment to achieving your success, a Network Marketing opportunity can be the best thing you decide to join. Multi Level Marketing promises so much, and Multi Level Marketing can deliver as long as you commit to your success.

MLM is a business system in which consumer products are sold by the distributors who have signed up with the company. The distributors have the option to sell a minimum or more amount of products each month to generate commissions. Multi level marketing is a great way of earning a living from the comfort of your home. This is because a company will provide you with good quality products, which you will sell to make money.

MLM is, at its core, a business just like every other internet marketing venture you’ve taken on. But you can do these things the right way and begin earning the money you thought you would. Multi level marketing is known as network marketing. This is a kind of business where franchising and direct selling are combined. Multi level marketing is NOT a scam, the Federal Trade Commission only considers a company to be scandalous if they promote a “pyramid scheme” designed with the sole purpose of promoting a pyramid and nothing else.

MLM is a fabulous business opportunity for individuals who are eager to make their own judgments about what a network marketing company has to offer. They can move ahead quickly if they start their own network marketing business without forcibly sticking to old-fashioned marketing practices and giving themselves room to be flexible about implementing new methods. Multi-level marketing is the biggest growth industry in the 1980’s. It has been termed as the last true rags-to-riches opportunity left in North America, and its ability to bring enormous incomes to almost anyone is legend. Multi-level marketing is an enterprise system which puts emphasis on recruiting distributors. It is commonly used by the industry, and this term implies that success depends on building a distributor interconnection and those payouts occur at two or more levels.

Network marketing is quite simply using your relationships to sell a product or service. Network: People’s network is the backbone and the soul of MLM. Word of mouth and trust play major roles in the success of MLM. Network marketing is just the opposite. In the beginning, you do a lot of work building a foundation, getting a team started and what not, work that you don’t get paid for, or at least not enough for.

Network marketing offers home based representatives the opportunity to get paid from other peoples efforts, not just their own.

Affiliate Marketing Success Rate…shocking But True!

For some, the time frame to success is far less with some people getting to the money making stage a lot quicker.

This can be possible with a number of ingredients like the time you are willing to devote to learning and the time you devote to developing your business, also the level of finances that you have available and the affiliate business you opt into.

Before you opt into any affiliate marketing business online you must first understand your chances of success. I could be like the thousands of others online that claim affiliate marketing is easy and anyone can do it! Make money here make money there! Some would have you believe that you can make a virtual ATM online spitting thousands of dollars at your request!

The TRUTH is this is not a complete lie and there is some reality to what they say, but it will take for you to learn a lot of information and be able to link it all together and be competent in all areas of your marketing and most definitely your advertising methods before you could achieve a virtual ATM on request!

Out of everyone doing affiliate marketing online right now the success rate is appalling! Only four percent and maybe slightly higher are actually successful the other 94% to 96% are struggling or even worse making nothing at all.

Now that might sound dreadful huh! That’s only 4% to 6% that are actually doing well, but there is some light to the end of that tunnel! Every one of those people that are in the successful percentage, they made it right! Which means it’s possible and very achievable the only hard part is learning how they did it and applied it!

One thing is for sure for the leaders in the affiliate marketing scene they all understand the following:

#1.When the going gets tough the tough gets going!

#2.They all understood if someone else can do it then so could they.

#3.They structured there day and time in a manner that progress was inevitable.
#4.They didn’t stop pushing forward and striving to advance there skills.

#5.They looked for ways and means to level or advance on there competition!

#6.They understood the importance of study and learning.

Truth is you can never stop learning! And the reality is the internet is constantly evolving, which means your online efforts and strategies should be evolving with it! If not you will be left behind, there is only one way to success! That way is forward.

So if learning, studying or genuine hard work is not your thing then maybe affiliate marketing is not an option!