Excellent Work-From-Home Job Opportunities

“Make Thousands of Dollars Working from Home!” sounds like a scam and most of the time, it is. But, the great news is, remote work options are available and they are on the rise.
Whether you want to work at your house in your pajamas, from your local coffee shop, or while traveling the world, the following companies can help you achieve your Work-From-Home desires.

  • Apple

    Tech giant Apple has At Home Advisor position that allows employees to work remotely as customer support agents. The role is to translate technology into a language customers can understand. The position offers benefits such as employee discounts, the opportunity to grow with Apple, and a free iMac to use while working from home. The job is also a great gig for college students, who can schedule their work around classes.

  • Xerox

    Xerox has an extensive WFH program of over 8,000 home-based employees, which is known as theVirtual Workforce Program. Home-based employees are involved in a variety of functions, including customer care, tech support, quality control, software development, and much more.

  • Dell

    Although Dell is headquartered in Round Rock, Texas, the company offers employee work options that include flextime, remote work, job sharing, part-time work, and compressed workweeks. Current openings for flexible jobs at Dell include senior-adviser, engineer, and executive positions.

  • Toptal

    Toptal is a talent network that connects the top 3 percent of software developers with remote work. But the coolest part is that Toptal’s internal team of engineers is completely distributed as well. Toptal has no offices whatsoever. Everyone at the company — from the CEO down to new hires – works remotely.

  • Loot

    Loot offers a WFH position where you complete different actions for your favorite brands, such as taking pictures or sharing content on Facebook and Twitter. The more you work, the more you’ll get paid. This is more of a gig type of job. You have to download the company app to apply.

  • Freelancer.com

    It is a website where you can sign up and get paid for your skills. It has thousands of open jobs where you as a freelancer can work from home in your pajamas. Although most positions are not salaried, there are many jobs that offer near full-time work with flexible hours. This is more of a freelancer type of job where many projects are done on spec.

  • Humana

    Humana has received numerous workplace awards including the Computerworld 100 Best Places to Work in IT, the Best Employer for Healthy Lifestyles award from the National Business Group, and a ranking of 58 on the Fortune 500 list.

  • ADP

    It is one of the world’s largest providers of business-outsourcing and human-capital management solutions. The company offers anumber of full-time, flex, or at-home positions, as well as onsite part-time work.

  • Amazon

    Amazon offers many virtual positions for potential employees living in certain areas, which allows employees to work from home with just a high-speed internet connection, a working landline, and a PC. Unfortunately, for now, VCC positions are available only in Arizona, Kentucky, Texas, West Virginia, Delaware, Minnesota, Florida, Georgia, Kansas, North Carolina, Tennessee, Wisconsin, and Virginia.

  • TeleTech

    TeleTech offers manycareer paths for telecommuters with a flexible work environment. The program, called TeleTech@Home, has positions for employees who support and assist customers with a variety of service and technical needs, as well as those who carry out back-office functions including chat and social media.

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Why Banks Deny Loans to Small Businesses

Starting a business is one of the most rewarding, yet difficult endeavours to undertake. The road to profit is very challenging. Business owners need a great deal of money to launch their venture. They depend upon commercial lending for financing. However, many times loan applications are rejected by banks.
Here’s a list of reasons a business loan can be rejected.

  • Bad credit

    Even though not everyone has the best credit, as far as lenders are concerned, this just isn’t an excuse. Poor credit is simply a sign that a borrower, or their business, does not prioritize repaying their debts. Credit score of the borrower is very important criterion for money lenders to decide whether to accept or reject a loan offer. Most banks typically won’t loan to a business owner whose personal credit score isn’t above a certain threshold (typically about 680).

  • Not enough collateral

    All business loans require collateral. Unfortunately not all businesses have sufficient collateral to support the size of the business loan they wish to borrow. Another obstacle is the price depreciation of certain collateral. Know the value of your collateral before you ask the bank for the loan.

  • Under-capitalization

    Borrowers often make the mistake of under-capitalizing their business loan application. Your personal and professional resources including fixed assets, retained earnings, and the even an owner’s equity, can be attached if required to secure repayment of the debt. Do your homework; know what capital you have on hand. Know what you can pledge and use to grow your business and repay the bank’s loan.

  • Cash flow problems

    Lenders see no reason to offer money to a business that has serious cash flow problems. Banks want to see that businesses have enough money to make monthly loan payments in addition to covering rent, payroll, inventory and other costs.  After all, if a business isn’t even making money to begin with, then there is no need to hand it a business loan in the hope that is generates growth. There has to be adequate cash flow available to repay a loan. Most bank term loans are not ideal for start-ups or very young businesses. They typically look for a few years of revenue generation. Start-ups can apply for SBA loans (which are loans made by a bank with a portion guaranteed by the US government). Most large banks have SBA loan departments, so be sure to check with your local branch.

  • Lack of preparation

    Many businesses simply aren’t savvy about the application process and believe they can walk into a bank, fill out an application and get approved for a loan. Before applying for a bank loan, businesses should have a written business plan, financial statements or projections, personal and business credit reports, tax returns and bank statements. They should also have copies of relevant legal documents including articles of incorporation, contracts, leases, and any licenses and permits needed to operate.

  • Difficult conditions

    Even if a business has excellent collateral, credit, and is well run, there is still the possibility that it will soon face industry-specific difficulties. For example, a lender may be hesitant to lend a business loan to a transportation company in the wake of rising fuel costs. The lender may expect that the soaring costs of fuel are just going to overtax the transportation company and make it difficult to grow or generate a profit. Outside influences are always considered prior to a loan approval or decline. They can include industry experience of a borrower, a business’s location, local or regional economic trends, competitors etc. In addition to these, seemingly unrelated factors, such as local climate conditions, may also influence an applicant’s approval or denial.

These reasons are warning signs to look out for on the road to getting a business loan. Even if borrowers achieve success and borrow business loans, they still have to successfully run their business and payback their lender. While not all ideas need financing to get started, getting a business loan is a great aid to launching a new company.

Legal Requirements to Start a Business

Many different elements go into starting a new business. One of the primary requirements for setting up a business is to abide by the legal requirements set by federal, state and county rules and regulations. Abiding by these rules allows you to start your business off on the right path to help you avoid legal issues regarding the business structure in the future.

Here is the list of legal aspects you need to consider for start-up. Depending on your situation and type of business, hiring a tax accountant and/or good attorney with specific experience in your industry can help you.

  • Business name

    Before you start printing out business cards, make sure the great new name you thought of isn’t infringing on the rights of an already existing business. You can perform a free search online that looks at business names registered with the Secretary of State — that will tell you if the name is available in your state. Then, take your search to the next level and conduct a no-conflict, free trademark search to see if your name is available for use in all 50 states.

  • Register a fictitious business name/DBA

    A DBA (Doing Business As) must be filed whenever your company does business under a different name. If you’ve got a sole proprietorship or general partnership, a DBA is needed if your company name is different from your own name. For an LLC or corporation, a DBA must be filed to conduct business using a name that’s different from the official Corporation or LLC name you filed.

  • Incorporate Your Business or Form an LLC

    Forming an LLC or corporation is an essential step to protect your personal assets (such as your personal property or your child’s college fund) from any liabilities of the company. Each business structure has its own advantages and disadvantages, depending on your specific circumstances. Three popular options are: the LLC (great for small businesses that want legal protection, but minimal formality), S Corporation (great for small businesses that can qualify), or C Corporation (for companies who plan to seek funding from a VC or go public).

  • Get Federal Tax ID Number

    To distinguish your business as a separate legal entity, you’ll need to obtain a Federal Tax Identification Number, also referred to as an Employer Identification Number (EIN). Issued by the IRS, the tax ID number is similar to your personal social security number and allows the IRS to track your company’s transactions. If you’re a sole proprietor, you’re not obligated to get a Tax ID number, but it’s still good practice as you won’t have to provide your personal social security number for business matters.

  • Learn about employee laws

    Your legal obligations as an employer begin as soon as you hire your first employee. You should spend time with an employment law professional to fully understand your obligations for these (and other) procedures: federal and state payroll and withholding taxes, self-employment taxes, anti-discrimination laws, OSHA regulations, unemployment insurance, workers’ compensation rules, and wage and hour requirements.

  • Obtain business permits and licenses

    Depending on your business type and physical location, you may be required to have one or more business licenses or permits from the state, local or even federal level. Such licenses include: a general business operation license, zoning and land use permits, sales tax license, health department permits, and occupational or professional licenses.

  • File for trademark protection

    You’re not actually required by law to register a trademark. Using a name instantly gives you common law rights as an owner, even without formal registration. Since you’ve spent untold hours brainstorming the ideal name, and you’ll be putting even more effort into cultivating name recognition, you should consider registering your trademark for proper legal protection.

  • Open a bank account to build business credit

    When you rely on your personal credit to fund your business, your personal mortgage, auto loan and personal credit cards all affect your ability to qualify for a business loan. Using business credit separates your personal activities from that of the business. To begin building your business credit, you should open a bank account in the name of your company, and the account should show a cash flow capable of taking on a business loan.

If you are a start-up owner or have plans of becoming one, we at TheGongzuo.com are eager to assist you. Our experts will provide you guidance regarding your financial or legal matters. Do contact us today!

Tech Tools for Small Businesses

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Starting a new business can be tough, as obstructions you never imagined crop up. Limited time, manpower, and budgets can all be a factor as the workload starts to pile up and the bills come rolling in. With the right tools, small businesses can reach their potential. Below is a list of tools that small business owners can utilize.

1. For organization and productivity –

    • Google Drive – lets you store and access your files anywhere–on the web, on your hard drive, or on the go.
    • Trello – Visual project management system
    • Expensify – financial services startup that provides an online expense management service for customers worldwide.
    • Evernote – A suite of software and services that allow users to capture, organize, and find information across multiple platforms.

2. Cloud storage –

      • Dropbox – Provides a home for users’ most-important information.
      • Google Drive – lets you store and access your files anywhere — on the Web, on your hard drive, or on the go.
      • Apple’s iCloud – a mobile- and Web-based application that enables its users to store their information.
      • Microsoft OneDrive – A storage application that enables users to store and share photos, videos, documents, and more.

3. CRM tools –

  • Salesforce – A global cloud computing company that develops CRM solutions and provides business software on a subscription basis.
  • Act! – To organize customer details, increase productivity, and drive results.
  • SugarCRM – enables businesses to create extraordinary customer relationships with the most innovative CRM solution in the market.

4. Email marketing/marketing automation –

  • MailChimp – an email marketing service that helps businesses with newsletters, automated messages, and targeted campaigns.
  • Constant Contact – provides email, social media, and event marketing tools to help small businesses grow their customer base.
  • Emfluence – lets you create, deploy, and track multi-channel online marketing campaigns from one place.
  • InfusionSoft – provides sales and marketing automation software for small businesses that combines CRM, email marketing, and e-commerce.

5. Social media and content tools –

  • TweetDeck – A Twitter tool for real-time tracking, organizing, and engaging on Web and mobile devices.
  • Sprout Social – provides a platform for businesses to manage social media engagement, publishing, and analytics.
  • Buffer App – helps users share social media content by scheduling online posts throughout the day.

Turn Your Expertise into a Business

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Subject matter specialization is an important skill set to call someone an expert in something. If you are an expert in something and you want to convert it in to business, you need to be accepted for your expertise. People need to see you in action. They need to see results. And, people should decide to buy the product or service you are willing to create out of your expertise. You need to set a plan of action. And, as always it all starts with a well-planned business strategy.

Do you know enough?
You have an expertise and want to start a business. Do you know enough about the industry? With industry background and know-how, you’ll be ahead of the curve. If you have a great idea, but aren’t familiar enough with the field to get started, use your network, speak with people who’ve started businesses in your industry to help you get up to speed quickly.

Surround yourself with people who share your idea
Hire people who share similar interests, if not passion! You can expect long work hours and hard days in the beginning, so personal drive and similar values with your colleagues will take you through initial turbulence.

Business Funds
You need funds. Smart fund allocation and streamlined spending is crucial for any business process. In reality, any kind of skill set can be streamlined to produce regular profits. While quantity matters a great deal to produce regular profits in any business, quality is crucial to attract regular and loyal customers to your service. Successful businesses never compromise on quality.

Time
Quality is achieved by investing the required amount of time. You will never achieve anything by rushing. Consistent and scheduled work culture is crucial for the success of any business process. Overworking and under working are both harmful for any kind of business. Overworking can lead to attitude saturation and eventual productivity mess up. Under working can kill profits.

Easy ways to turn your expertise into a business:

  • Consultancy services – If you have vast know-how and skills in a particular field, you can be paid lucratively by sharing your expertise with others.
  • Start a blog – If you have specialized knowledge about a particular topic, you can start a blog or a website on that subject. You can join affiliate programs or use advertisements to earn money from your blog/ website.
  • Teach what you know – If you have vast knowledge about a particular topic, you can offer lessons at a fee. You can begin by teaching at seminars or hire yourself out as a tutor.

Turning your expertise into a successful business not only allows you to be profitable while doing something you love; it helps set you up for lasting success. Most importantly, passion is central to making decisions that are in the long-term interest of the customer and the company, which will help you, establish sustainability and longevity for your brand.

Why Women Don’t Start Business?

According to the Global Entrepreneurship Monitor (GEM) report, only seven women start businesses for every ten men. There is a big “confidence gap” between male and female entrepreneurs.

Here are the main reasons why women hesitate to start their own businesses:

  • Women are less confident

    About three-quarters of both male and female entrepreneurs start businesses to pursue an opportunity, but men show more positive perceptions about opportunities and their own capabilities, as well as lower fear of failure. Women are inclined to take fewer risks.

  • Women use their savings, men get loans

    On an average, women start their businesses with a median amount of $8,000; men had $30,000. Women were also more likely to use their own cash or borrow from family members, while men got bank loans. With fewer funds to start a business, women have little or no scope for taking necessary steps.

  • Men are more likely to know other entrepreneurs

    It seems contrary to the general norm of women as social connectors and men as isolated individualists, but men are more likely to have robust professional networks when starting their businesses. They were also more likely to already know someone who had branched out on his own, providing them with a valuable source of information.

  • Content with life

    Women are content to live their lives peacefully, calmly without any stress brought about by starting a business.  For most of the women, money is not a motivator. And if it is, they feel that they can get it from their jobs working within an organization, instead of starting a new venture.

  • Responsibility of managing family

    Women always have to struggle to balance career and families. Starting a business involves a lot of dedication. Women feel they cannot devote that much time while handling household responsibilities.

Start-up Advice for Women Entrepreneurs

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More and more women are starting their own businesses and getting aware of the opportunities available outside their 9-to-6 jobs. But, for women it is challenging to focus on their new mission, as they have to struggle to strike work-life balance.

Here are the few tips that may help them to start a new business:

  • Find your passion – You are going to spend long hours working for your business, so pick an industry that you don’t just like, but are passionate about. When you are passionate, it shows, and your enthusiasm and belief in what you are doing translates to your customers, sparking their enthusiasm about what you are offering.
  • Keep your home and work life separate – It is important to set aside time for both personal and work lives, in order to give each the attention it deserves. Set specific office hours and unless there is an emergency, stick to them. Train yourself to work during office hours and do not accept calls or check emails after hours. Your customers and clients will also conform to your schedule as long as you stick to it.
  • Don’t pay attention to any disadvantages – Don’t put any energy into wondering if you have different challenges than any other leader or business owner because you are a female. If you are good at what you do, that’s all that matters.
  • Be positive, flexible and patient – It takes a good amount of time to build a business. Continue to have a positive outlook and don’t stop believing in yourself. There has never been a successful business owner that hasn’t run into some challenges!
  • Don’t let the lack of confidence or fear hold you back – Women are generally more afraid of failure than their male counterparts. Moreover, cultural traditions also discourage women from taking leadership positions. Women are less confident than men in starting businesses. Don’t let the fear of failure stop you from being an entrepreneur.
  • Believe in yourself – Actually, women have better communication and consulting skills, are more caring and loyal towards their organisation and peers and, compared to men, are less competitive, confrontational and aggressive, and less driven by money. They are far more dynamic and capable than previously believed. So, believe in yourself and be a leader!
  • Get the right support – Seek out networking groups, coaches and mentors that will not only cheer you on, but challenge you to take your business to the next level. Network with other businesswomen in your field that can give you an eagle’s view of what’s working and what’s not.

If you are dreaming of setting up your own business, log on to TheGongzuo.com. We will help you in launching your start-up.