Category: Benefits

7 Benefits of Social Media for Business

Haigram – Social media offers an easy and low-commitment way for potential customers to express interest in your business and your products.

1. Generate leads

Lead generation is such an important benefit of social media for business that many social networks offer advertising formats specifically designed to collect leads.

For example, McCarthy and Stone used Facebook lead ads that allowed people interested in learning more about their real estate projects to learn more about the properties, with just a couple of taps.

The ads wound up producing 4.3 times more sales leads than the year before, at a cost 2 times lower than more traditional digital prospecting campaigns with real estate ads.

2. Boost sales

Your social accounts are a critical part of your sales funnel—the process through which a new contact becomes a customer. (Lingo alert: this is called social selling!)

As the number of people using social media continues to grow and social sales tools evolve, social networks will become increasingly important for product search and ecommerce. The time is right to align your social marketing efforts with sales goals.

3. Partner with influencers

Recommendations from friends and family play a huge role in consumer decisions, as do reviews. When you get people talking about your product or company on social media, you build brand awareness and credibility, and set yourself up for more sales.

One key way to drive social word of mouth is to partner with influencers—people who have a large following on social media and can draw the attention of that following to your brand.

Lingerie brand Adore Me partnered with influencers for a series of unboxing videos on Instagram, and saw a huge bump from content that was showcased directly in the influencers’ accounts. This included a doubled click-through rate and a seven percent higher sales conversion rate.

4. Promote content

Promoting your content on social channels is a great way to get your smart, well-researched content in front of new people, proving your expertise and growing your audience.

For example, Hootsuite shared fun facts and stats from their latest Digital 2021 global report with their Twitter audience through a series of infographics.

To maximize the benefits of social media for business, make sure to have a content marketing plan in place, too.

5. Go viral

As people start liking, commenting on, and sharing your social posts, your content is exposed to new audiences—their friends and followers. Going viral takes this concept one step further.

As people share your content with their networks, and their networks follow suit, your content spreads across the internet, potentially getting thousands or even millions of shares.

This exposure is especially beneficial because, in a world where there is far more content than any one person could ever consume, a friend’s social share acts as a kind of pre-screening.

Going viral is no easy task, of course, but without social media, it would be next to impossible.

Being on social media also means that your fans can help you with this goal… like when one TikTok user created choreography for Grammarly’s Youtube ad audio and sparked a trend of 100,000-plus users doing the same.

6. Source content

There are two key ways businesses can source content on social media:

  1. Source ideas: Ask your followers what they want, or engage in social listening, to come up with ideas for content you can create yourself. Put simply: Give people what they’re asking for. It’s a sure way to create content that people will want to read and share.
  2. Source material for posts: Create a contest or use a hashtag to source user-generated content (UGC) you can share. Getting your followers involved can build excitement about your brand, while also providing you with a library of social posts to share over time.

Canadian meal-kit subscription service GoodFood regularly feature members’ own home-cooked meals in their Instagram feed, encouraging followers to share their photos by using the hashtag #GoodfoodieMoment.

7. Reputation management

Your customers are already talking about you on social media, whether or not you’re there to respond. If you and your team are on the ball, you can pick up on important social posts about your brand to highlight the positive and address the negative before it turns into a major issue.

Like, for example, if people are posting about their frustration with a bad customer service experience.

Is someone saying something about your business that’s not true? Be sure to share your side of the story in a polite, professional way. Someone singing your praises? Send them plenty of thanks and draw attention to their kind words.

And thats all about 7 Benefits of Social Media for Business from haigram.com

5 Benefits of Social Media for Business

Haigram – Social media for business is no longer optional. It’s an essential way to reach your customers, gain valuable insights, and grow your brand.

What are the benefits of using social media for business? Consider that there are now more than 4.2 billion active social media users across the globe.

If you’re not taking advantage of social within your digital marketing strategy, you’re missing out on a fast, inexpensive, and effective way to reach almost half the world’s population.

Let’s look at the many ways in which social media can help you connect with your target audience, engage with customers and grow your business.

Benefits of social media for brand building

1. Increase brand awareness

With over half of the world’s population using social media, platforms like Facebook, Instagram or Twitter a natural place to reach new and highly targeted potential customers.

Think people only connect with brands they already know on social media? Consider that 83 percent of Instagram users say they discover new products on the platform.

When Stillhouse Spirits ran a Facebook campaign to increase brand awareness among outdoor enthusiasts, the company achieved a 17-point lift in ad recall.

2. Humanize your brand

The ability to create real human connections (a.k.a. Meaningful Relationship Moments) is one of the key benefits of social media for business. Introduce your followers to the people who make up your company and showcase how existing customers are using and benefiting from your products.

Authenticity builds trust. Trust, in turn, builds marketing receptiveness and drives new business. And social is the best place to get real!

Show how you’re embracing your brand values, how your product works in real life, and how you’re putting the interests of your employees and customers first.

3. Establish your brand as a thought leader

The 2021 Edelman Trust Barometer found that while there has been a recent swing towards distrust of government, NGOs and media, business is an institution with a 61 percent level of trust. People are looking to brands for insights and information… and there’s no better place to share that than social media.

No matter what industry your business is in, social media offers the opportunity to establish your brand as a thought leader—the go-to source for information on topics related to your niche.

LinkedIn—particularly the LinkedIn Publishing Platform—is a great network to focus on when aiming to establish your thought leadership.

Hootsuite chairman and co-founder Ryan Holmes has more than 1.7 million followers on LinkedIn, where he shares his insights about social media and entrepreneurship.

4. Stay top of mind

Seventy percent of social media users log into their accounts at least once per day, according to a 2021 study by Pew Research Center, and many people (49 percent!) admit to checking social multiple times per day.

Social media gives you the opportunity to connect with fans and followers every time they log in. Keep your social posts entertaining and informative, and your followers will be glad to see your new content in their feeds, keeping you top of mind so you’re their first stop when they’re ready to make a purchase.

Of course, that doesn’t mean you need to be glued to your accounts 24/7. A scheduling tool like Hootsuite can help you plan your social media content to post well in advance.

5. Increase website traffic

Social media posts and ads are key ways to drive traffic to your website. Sharing great content from your blog or website to your social channels is a great way to get readers as soon as you publish a new post. (You can even use UTM tracking tags to collect data on your click-throughs!)

Architectural Digest, for instance, teases Story content in its Instagram feed, and then directs followers to read the full article (and see more beautiful pictures) via the “link in bio.”

Participating in social chats can also be a great way to increase your visibility, get attention from new people, showcase your expertise, and drive traffic to your website. (Though make sure to go beyond self-promotion to offer real value!)

Include your website address in all of your social media profiles so that people who want to learn more about you can do so with one easy click.

And thats all about 5 Benefits of Social Media for Business from haigram.com

Best 5 Loan Apps in 2021

 If you find yourself strapped for cash before your next paycheck, it might be worth researching apps that loan money to find one that can provide the funds you need.

Here’s our take on the best apps currently available to help you decide which one — if any — is right for your situation. Note that we only included apps where you can apply for loans directly through the app and not just manage payments.

Best for low fees: Earning

Why Earnin stands out: When you borrow money through the Earnin app, the company doesn’t charge interest or fees on your paycheck advance. Instead, it asks customers to consider providing an optional tip in an amount they think is appropriate. (But you don’t have to tip to use the app.)

Eligibility requirements — To use Earnin, you must have a consistent pay schedule — weekly, biweekly, semi-monthly or monthly. More than 50% of your paycheck must be sent to a single checking account by direct deposit each pay period. And you’ll need to either work at the same location every day or use electronic timesheets to track your hours.

Withdrawal limits — You may borrow up to $100 per pay period when you begin using the app. As you continue using the app and paying Earnin back successfully, that limit may increase to up to $500.

Funding timeline — If you have Earnin’s “Lightning Speed” feature, the lender says you may be able to receive your money immediately. But if your bank doesn’t support this option, you won’t be able to use it. Without Lightning Speed, Earnin says you’ll typically receive your money in one to two business days.

Overdraft protection — If you sign up for Balance Shield alerts, Earnin will notify you when your bank balance is getting low, which can help you avoid overdraft fees. If your checking account balance falls below $100, you can sign up for Balance Shield Cash Outs, which automatically cashes out up to $100 of your earnings, which could help you avoid incurring a negative balance on your account.

Best for small loan amounts: Dave

Why Dave stands out: If you need extra cash to cover an expense before your next payday, Dave offers cash advances of up to $100.

Eligibility — There’s no credit check required to use the Dave app. But you must have a steady paycheck that’s set up with direct deposit into your checking account, and you need to show that you have enough money in your account to pay the advance back once you receive your next paycheck.

Membership fee — Dave charges a monthly membership fee of $1.

Low balance alerts — Dave sends alerts when your checking account balance is getting low or when you have a bill due, so you can decide whether to request a payday advance to help prevent overdraft fees.

No interest — Dave doesn’t charge interest on cash advances, but it asks for optional tips to help support the app.

Funding timeline — You can choose from two funding options: standard or express.  Standard funding is included with your monthly membership fee, but it takes up to three business days to receive your money. You may be able to get your money the same day you request it with the express option, but it costs a small fee (Dave doesn’t specify how much the fee is).

Best for suite of online services: MoneyLion

Why MoneyLion stands out: MoneyLion offers a 0% APR “Instacash” cash advance up to $250 once you sign up for a free account and link an eligible checking account. There’s no credit check required. But the MoneyLion app is really worth a look because of what else it brings to the table: a mobile banking account, an auto investing account with no management fees, and access to a credit-builder loan (with a monthly membership fee).

Tipping is optional: MoneyLion doesn’t charge any mandatory fees for its cash advances, though you can tip for the service.

Pay for speed: MoneyLion doesn’t charge for “regular delivery,” but if you need money in a hurry, you can pay for “instant” delivery. The app charges $3.99 for this type of transfer to one of its RoarMoney accounts or $4.99 to an external checking account or debit card.

Loan amounts: How much MoneyLion approves an advance for depends on activity in your linked checking account. Typically, larger deposits mean larger advance amounts (the minimum is $25). The app also says you may be able to raise your Instacash limit by switching your direct deposits to MoneyLion.

Best for access to banking services: Branch

Why Branch stands out: Not only does Branch allow you to request cash advances for hours you’ve already worked, the company offers fee-free checking accounts, debit cards and ATM withdrawals at more than 40,000 locations.

Eligibility requirements — To use Branch Pay to get a cash advance, you must have at least two months of direct deposits from the same employer. Each deposit must be more than $40 and deposited into the same bank account with a participating bank.

Cash advance limits — The amount of money you can request for a cash advance is based on two things: your bank account direct deposit history and how much you spend compared to what you earn. When you first start using the app, Branch says your cash advance limit will be low. But as you use the app over time and repay your advances, your limit may increase.

Fees and interest — Branch doesn’t charge interest on cash advances, and its fees vary based on how you choose to receive the money. You can get “instant” access for free when the money is sent to your Branch debit card. Standard delivery to an external bank account or debit card, which should take three days, is also free. But if you want your money sent to an external bank account or debit card right away, Branch will charge you a fee of $2.99 to $4.99, depending on the amount you transfer.

Best for helping you track your finances: Brigit

Why Brigit stands out: Brigit may advance you between $50 and $250, but you’ll have to pay $9.99 a month for its Brigit Plus plan to qualify for “instant transfers” and other features. The app, which is available on Android and Apple devices, stands out for its budgeting tools that help you track your spending and its “Brigit score” model. Your Brigit score ranges from 0 to 100 and measures three financial wellness metrics: bank account health, spending behavior and earnings profile. You’ll need a Brigit score of at least 70 to be approved for Brigit Instant Cash.

No interest or tips — Unlike Earnin and Dave, Brigit doesn’t ask for tips when you borrow money. The company also won’t perform a credit check. But keep in mind that if you’re paying for a Brigit Plus membership, the money isn’t free of fees.

Eligibility requirements — Brigit requires you to have at least three recurring deposits from the same employer to qualify.

Not compatible with all banks — Brigit says it works with more than 6,000 banks and credit unions, but that doesn’t guarantee it will work with yours. The company notes that it isn’t yet compatible with Chime Bank, Capital One, Net Spend or Varo.

Auto advances available — Brigit will analyze your spending habits in your checking account to predict if your balances are low and you’re in danger of overdrafting. Its “Auto Advances” feature will transfer money to your bank account automatically to prevent an overdraft from occurring.

What you should know about apps that loan money

A number of apps that loan money allow you to borrow small amounts against your next paycheck. Since these apps typically charge lower fees than payday lenders, one of these apps may be a good choice if you’re in a pinch and need some extra cash to bridge the gap until you get paid.

But before you borrow money from an app or a traditional lender, it’s important to compare interest rates, fees and terms and calculate what you can afford to pay back. If you’re struggling to pay your bills, taking out a high-interest loan or a cash advance app with a monthly fee is not a long-term solution. Instead, try negotiating with lenders, utilities and other companies to get a lower interest rate or work out a payment plan.

How we picked these apps

We reviewed 10 apps to come up with our picks. The criteria we used to make our choices included eligibility requirements, fee structures, interest rates, loan amounts and the ability to build credit. We also considered what benefits each app offers, such as financial education resources, overdraft protection, and the availability of additional products and services.

How Investors React To ClearPoint Neuro’s (NASDAQ:CLPT) CEO Pay?

Want to participate in a short research study? Help shape the future of investing tools and earn a $40 gift card! 

This article will reflect on the compensation paid to Joe Burnett who has served as CEO of ClearPoint Neuro, Inc. (NASDAQ:CLPT) since 2017. This analysis will also assess whether ClearPoint Neuro pays its CEO appropriately, considering recent earnings growth and total shareholder returns.

View our latest analysis for ClearPoint Neuro

How Does Total Compensation For Joe Burnett Compare With Other Companies In The Industry?

At the time of writing, our data shows that ClearPoint Neuro, Inc. has a market capitalization of US$60m, and reported total annual CEO compensation of US$864k for the year to December 2019. That’s a notable increase of 68% on last year. While we always look at total compensation first, our analysis shows that the salary component is less, at US$366k.

In comparison with other companies in the industry with market capitalizations under US$200m, the reported median total CEO compensation was US$595k. This suggests that Joe Burnett is paid more than the median for the industry. Furthermore, Joe Burnett directly owns US$1.1m worth of shares in the company.

Component 2019 2018 Proportion (2019) Salary US$366k US$360k 42% Other US$498k US$155k 58% Total Compensation US$864k US$515k 100% On an industry level, roughly 21% of total compensation represents salary and 79% is other remuneration. According to our research, ClearPoint Neuro has allocated a higher percentage of pay to salary in comparison to the wider industry. If non-salary compensation dominates total pay, it’s an indicator that the executive’s salary is tied to company performance.

ClearPoint Neuro, Inc.’s Growth

ClearPoint Neuro, Inc. has seen its earnings per share (EPS) increase by 62% a year over the past three years. Its revenue is up 44% over the last year.

Shareholders would be glad to know that the company has improved itself over the last few years. The combination of strong revenue growth with medium-term earnings per share improvement certainly points to the kind of growth we like to see. Looking ahead, you might want to check this free visual report on analyst forecasts for the company’s future earnings..

Has ClearPoint Neuro, Inc. Been A Good Investment?

We think that the total shareholder return of 90%, over three years, would leave most ClearPoint Neuro, Inc. shareholders smiling. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

To Conclude… As we noted earlier, ClearPoint Neuro pays its CEO higher than the norm for similar-sized companies belonging to the same industry. Importantly though, earnings per share growth and shareholder returns are very impressive over the last three years. So, in acknowledgment of the overall excellent performance, we believe CEO compensation is appropriate. Given the strong history of shareholder returns, the shareholders are probably very happy with Joe’s performance.

While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That’s why we did some digging and identified 3 warning signs for ClearPoint Neuro that investors should think about before committing capital to this stock.

Switching gears from ClearPoint Neuro, if you’re hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

Story continues

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.

Your Options for Choosing Life Insurance Beneficiaries

No one likes to think about dying, but a life insurance policy can be a critical asset for your loved ones at a very difficult time. It’s important to understand what a beneficiary is and how your life insurance policy works so that you can come up with the best strategy to protect them.

Choosing a beneficiary for your policy can be as challenging as figuring out what kind of life insurance to buy. No one can tell you who your beneficiary should be. To determine who your life insurance beneficiary should be you should think about several factors, here is an overview of what to consider to make the best choice.
Primary vs. Contingent Beneficiaries The definition of the beneficiary for your life insurance policy is the individual who will receive the death benefit in the event of your death. You’re not limited to just one person. A policy can have more than one beneficiary.

 1
A policy’s primary beneficiary is the first person who will receive the benefits of that policy when you die.2 Others, called contingent beneficiaries, only receive the benefits if the primary beneficiary predeceases you so she’s not available to accept the money. Contingent beneficiaries, more or less, wait in line in case this should happen. A contingent beneficiary is sometimes called a secondary beneficiary for this reason.
3
As an example, let’s say that Elizabeth and Doug are getting married and they buy life insurance. They name each other as primary beneficiaries, then they realize that they travel a lot, always together. They decide to choose contingent beneficiaries in the event that they die together in a common event.
Elizabeth chooses her sister, and Doug chooses his brother. They strategically split the contingent beneficiary to give each 50 percent of the benefits. This ensures that each sibling will receive a share—but only if Elizabeth and Doug die together.
Naming More Than One Beneficiary It’s possible to name more than one primary or contingent beneficiary by assigning a percentage of the life insurance benefit among two or more people on your insurance application.1

Let’s say you’re remarried with two kids from your former marriage. You own a home with your new spouse. You love her to death, but you also accept that she’s not the best at managing money.
You might want to ensure that she has enough to live well but that your children will also receive their appropriate share of the life insurance benefits. You might decide to leave 30 percent of your life insurance to your spouse as a primary beneficiary and 70 percent to your children. This gives your spouse enough money to cover all the house costs and your children will have enough for their college funds.

Revocable vs. Irrevocable Beneficiaries A beneficiary can also be revocable or irrevocable. You can’t later change your mind and remove an irrevocable beneficiary, naming someone else instead—at least not without the consent of the original beneficiary.4 Naming a beneficiary as revocable relieves you of this restriction. You retain the right to unilaterally change things up at any time.
Here’s another example: Mary is single, and she decides to buy a universal life insurance policy while she’s still young to maximize her savings and secure cheaper life insurance. She could pay off her whole life insurance by the time she’s 40.
She has a problem, however. She doesn’t yet have any dependents. She decides to name her mother for half the life insurance benefits and her best friend for the other half. She makes these beneficiary designations revocable so she can change her decision when and if her situation changes in life.

Naming Your Beneficiary The three most important factors when you sign up for a life insurance policy are passing the life insurance medical exam, selecting your amount of coverage, and choosing the beneficiary or beneficiaries.
You’ll have the opportunity to identify the beneficiary or beneficiaries as part of your life insurance paperwork. Each beneficiary should be identified as clearly as possible, using her full name and her Social Security number and date of birth. Provide as much information as you can so your beneficiary can be located and properly identified at the time of your death.
Considerations When Your Beneficiary Is Disabled or a Minor Minors cannot legally own or manage their own money. You’ll have to take some additional steps to make sure someone can manage the money for him until he reaches the age of majority if you name a minor as the beneficiary of your life insurance policy. In fact, most insurance companies will not release the money to a minor, but only to his conservator or guardian.
You can name a guardian using a Uniform Transfers to Minors Act form but consult with a legal professional to make sure you get it right.5 The court will then have to approve the named guardian before benefits can be paid.
Alternatively, you can name your estate or your living trust as a beneficiary with instructions in either your last will and testament or your trust formation documents that the insurance proceeds are to be spent for the benefit of the child or children.3This, too, often requires the assistance of an attorney. It’s important to keep in mind that the benefits might be vulnerable to claims by your creditors if you name your estate.
Special trusts can be formed for disabled individuals as well, so they can receive insurance benefits without losing government assistance, which is often needs-based.
Bottom Line Although some cases of naming a beneficiary are relatively simple, you should consider naming a contingent beneficiary or a secondary beneficiary just in case. Review your beneficiary choices throughout your life as your situation changes, such as due to divorce or the birth of a child.

4 HOT NEW BUSINESS IDEAS FOR MILENIALS

Looking for that perfect small business idea? Seems like every time you look at your news feed, another disruptive technology is taking over.

 
All the good ideas have been taken and there is nothing left for you to do but stay stuck in your dead-end job, right? Wrong! As a millennial, you don’t have to be part of the disruption in order to profit from a business. There are many businesses that you can start now that can be profitable. 
Being an entrepreneur doesn’t mean you have to invent something new. 
You just need to find a way to solve a need in the economy and make money while doing it. 1. Hacking The Sharing Economy The sharing economy is huge and continues to offer opportunities for aspiring entrepreneurs. Uber and Lyft have allowed people to turn their vehicles into a salary, but being a driver for one of these companies is not the best part. “At the end of the ride, he handed us a very nice business card that explained that he was a private driver for hire,” Evan Kaeding, of Billy, recalls of an Uber ride he recently took. “His offerings ranged from fixed rate airport rides to Willamette Valley Vineyard tours.” 
 When you factor in the cleanliness of the vehicle and professionalism of the driver, he likely makes more money as a private driver than he does from Uber. But, what if you want to make money from the sharing economy but don’t want to be a driver? Well, there is a way to do that! “The gig economy is booming but driving strangers around isn’t for everyone,” says Mike Catania, co-founder of PomotionCode.org. “Instead, budding entrepreneurs can work to recruit drivers. Right now, both Uber and Lyft discreetly pay bounties to people to sign up new drivers and pay up to $500 each. An ambitious millennial can easily build a company around recruitment without the hassle of other people leaving a mess in your backseat.”

2. Anything in Healthcare Starting a business in the healthcare field can be a sure bet if positioned properly. Why? We’re all getting older. Newsmax reports that 10,000 baby boomers will retire each day for the next 19 years. They are the largest generation and getting older quickly. “With the aging baby boomer population, the need for medical services is ever increasing,” says Lawrence J. 

Buckfire, attorney and founder of Drug Lawsuit Source, a website that specializes in dangerous-drug lawsuits. “This includes medical supplies and senior living facilities.   
The need for medical professionals and non-medical personnel to work in facilities is growing, even just to help avoid drug mistakes, medication errors and drug errors with the elderly,” 
 Some of the best fields in healthcare for the future include technology for compliance and anything associated with data analysis. A recent study by the Journal of Health Information Science and Systems explains big data in healthcare will continue to be a growing need. “Big data analytics in healthcare is evolving into a promising field for providing insight from very large data sets and improving outcomes while reducing costs. Its potential is great; however there remain challenges to overcome.” 3. 
Water is the New Gold Water is becoming one of the hottest commodities on the market thanks to the decade-long drought in California. Also, the world population is growing and the need for clean water is increasing. “There are more than a billion people without access to clean water,” says Nicholas Armer, Director of Business Development for FlowMetrics. “That number will only climb as our population grows and need for clean water increases. Starting a business that addresses that need only makes sense.” With water becoming a whole new industry that is in demand, there are opportunities from bottling to supply, to associated services. Desalination companies are starting to increase service offerings throughout the world, which also opens up opportunities for people to bring that water to the local level. 
How will that happen? Well, leave it to a millennial to find a way to disrupt it.

4. People Need to Sleep Speaking of an increase in population, housing is once again in demand. Despite the housing-market crisis at the turn of the century, states like California are now unable to keep up with housing demands. To hark back to what I wrote earlier about the aging population, there is going to be an increased need for affordable retirement living as well. 

 Thinking outside the box, keep in mind that many people now travel for work. This leaves the door wide open for short-term housing, which has already been disrupted thanks to companies like Airbnb. And, it’s not only the property owners who can make money. “Regardless, the growing appetite among travelers and investors for short-term rentals points towards lucrative business opportunities for agents,” writes Teke Wiggin in an article on inman.com. 
 Summing it Up If you think all the best business ideas are taken, you aren’t thinking deeply enough. You can build off a current thriving industry and find a new way to disrupt it. Even if you don’t plan on disruption, there are plenty of ways to work yourself into the industry and make a good profit. 
Regardless of what you choose to do, just remember there are plenty of opportunities out there waiting for you to take advantage.

15 STARTUP BUSINESS THAT CAN MAKE MONEY FOR YOU

STARTUP BUSINESS IDEAS 

#15: COMMISSION SALES

 If your skillset involves having great sales and marketing skills and you enjoy building professional relationships to grow your network, this may just be the field for you. Many companies are looking for someone like you who has their own sales consultancy with a great technical know-how. The more you sell, the more you make and you never have to worry about things like inventory because it’s not even your product! The better you get at this, the higher your commission goes.

#22: MUSIC TEACHER 

Are you passionate about music? Do you have a love for teaching? Do you enjoy attending theatre and plays often? If so, you could be a music teacher or consultant. You don’t necessarily have to travel for such a job as your classes and sessions can be attended over Skype. Private music sessions can help you make anything between $20–$200 per lesson, depending on the type of sessions and the level that you would be teaching at. This is great for any music lover; to be able to make money doing something they are truly passionate about. Domain Names for New-Age Retail Disclaimer

#23: INVESTING OTHER PEOPLES’ FUNDS 

While this may seem a little absurd, you could actually make money off someone else’s money. Help them invest and provide consultations on how to better manage their funds, be it for the short term or the long term, and you could be taking a commission off their profits from your investment advice. As their capital grows, so does yours. The best part is that in this business, once the word spreads about how great your advice is, you won’t have to go looking for clients, they will be lining up for you. 
 STARTUP BUSINESS IDEAS 

#24: ACCOUNTING AND BOOKKEEPING 

Several firms outsource a lot of their daily operations as it is cheaper for them to do so—especially if the tasks at hand are not in alignment with the core strength of the company itself. One of the most outsourced tasks is bookkeeping and accounting. If you have a background in finance, you may want to think about starting your own company that deals with such outsourced work. 
 STARTUP BUSINESS IDEAS 

#25: BUSINESS CONSULTING

 If your friends and family are constantly turning to you for help when it comes to business advice because they know it’s solid, then it might be time to look into starting a business consultancy. The one thing about being involved in business consultancy is that you will need credentials no matter how good you are. Think about it: Would you take business advice from a random person working out of their home or garage? I don’t think so. Your credentials will add value to your knowledge and even if you don’t have them now, you can always work towards getting them! Companies are always looking for people with a great sense of business, no matter which field it is—public relations, marketing, strategies, human resources, etc.—so if you already have the required certifications then maybe you should jump onto this bandwagon. 
 STARTUP BUSINESS IDEAS 

#26: TRAVEL CONSULTANT 

For some people, a life without travel is unimaginable. If you are one of those people and you spend hours planning trips in detail “just for fun” because you can’t afford it at the moment—why not work towards actually being able to afford it while doing exactly what you have been doing? If you know how to get the best deals and would love to share your passion for traveling, then why not become a travel consultant? You could build personalized travel experiences and itineraries for those who will pay you for such a service. Create groups on social media, start a website and offer planning packages and, of course, run a travel blog side by side. While it may seem a lot, if you truly are passionate about globetrotting then this will seem more like play than work! 
STARTUP BUSINESS IDEAS 

#27: FITNESS COACH 

Fitness coaching is a great business to enter! Of course, this requires in-depth knowledge about nutrition and exercise but more and more people have started to become more conscious about healthy living. If you have a keen business sense and you combine that with your knowledge of health and well being, you could have clients lining up for your guidance. Start off with personal training and then perhaps go onto building your fitness empire. 
 STARTUP BUSINESS IDEAS

 #28: YOGA & MEDITATION INSTRUCTOR 

If you thought that yoga and meditation were only limited to hipster/hippie individuals, you couldn’t be further from the truth. Several corporations have yoga days and meditation sessions a couple of times a week to help their employees cope with stress and lead healthier, more balanced lives. This isn’t just a fad and it’s not going anywhere, anytime soon. If you have a keen interest in yoga, you could start your own website that caters to anyone who wants to learn—you could even sell yoga products (mats, clothes, etc) as a bundle with your classes. 
 STARTUP BUSINESS IDEAS 

#29: MANAGING SOCIAL MEDIA PAGES 

Almost every online business, and now even the ones that aren’t native to the online world, has an Instagram, Snapchat, Facebook and Twitter account. If you know your way around these platforms well and often have strong opinions and can word them well, you would do great in the social media management sphere. Several companies, influencers and even NGOs are always looking for someone to handle their “online image” and that’s where you step in. If you already spend a majority of your time on social media, then why not monetize it? 
 STARTUP BUSINESS IDEAS

 #30: MARKETING & SEO CONSULTANT FOR SMALL BUSINESSES 

Are you familiar with the basics of SEO and willing to learn more about it? If so, businesses can use your particular skillset to target the right consumers and scale their customer base. Even though paid ads are the ones that nearly everyone is targeting, if you truly want to scale and reach your audience organically, SEO is the way to go. As more and more content is being produced, even the biggest companies are racing and fighting to appear on the SERPs (Google’s Search Engine Result Pages). Start with smaller businesses that focus on a niche audience, hone your skills and learn from the experiences—get in on the action and you are bound to have a pretty successful online business if your SEO skills are on point. 
 STARTUP BUSINESS IDEAS

 #31: INSTAGRAM MARKETING INFLUENCER 

Are your friends often jealous of your Instagram or social media following? Do you have an impressive number of followers? If so, you could be an influencer in your chosen field. If companies like your “aesthetic” and feel that your image gels well with their brand image, they can offer anywhere between $50–$1000+ per post, depending on your following! Of course, there is some amount of business and marketing acumen required, but you can definitely start earning through social media. So rack those followers up and start making that money! 
STARTUP BUSINESS IDEAS 

#32: VOICEOVER SERVICES

 Do you have a distinct voice or the capability of modulating it on command? Are you great with impressions or have a commanding and resonant voice? If you answered yes to any of those questions, you could be making money by literally just talking. Okay so maybe not “just” by talking but you get the point. You could work with animators, movie makers, advertising gurus and even help make educational content, all while being paid really well!
 STARTUP BUSINESS IDEAS 

#33: TRANSLATOR 

Yet another reason for bilinguals to rejoice! If you speak two or more languages, including English, and love the freedom that remote work can provide, you should look into starting your own translation services business. You can hire more translators who speak other languages and grow your customer base over time. Of course, such a business requires dedication, patience and a love for languages beyond the ordinary. If you would just like to dip your toes and check out if you would like being a translator, Flexjobs is a nice place to pick up some translator work. 
 STARTUP BUSINESS IDEAS 

#34: CONTENT MARKETING 

Content marketing is currently a hot profession in the market today. With new businesses constantly needing content that can stand the competitive nature of the businesses today, if you have any experience in this field, you are already a hot commodity, so why not capitalize on it? 
 STARTUP BUSINESS IDEAS 

#35: FREELANCE PROOFREADING & EDITING

 If writing isn’t your thing but you’re great at catching mistakes, be it grammatical or just typos, you could make a really good editor or proofreader. Almost any company that deals with content has someone who proofreads the material before it is published. In many cases, this isn’t a formal position, but if you explain the benefits of hiring an individual to do the job and reduce the team’s workload, you may have a shot at landing a client. Create a roster of clients, startup your own consultancy and you are off to the bank. If you would like to get some experience before you start your own business, you can get some gigs on Fiverr or Upwork. 

5 uses for life Insurance

Life insurance can be an important part of your financial strategy. That’s because a life insurance policy can help you ensure that your loved ones have a secure financial future after you pass away. 

 Not only can life insurance help cover your final expenses — it can also provide your family with a financial safety net by helping to replace your income or serving as an inheritance for a loved one. 
Read on to learn about some of the ways life insurance benefits may be used: Father and daughter reading a book. COUNT ON QUALITY COVERAGE
Get the protection you need and the peace of mind you deserve with Allstate insurance. Here are some common uses of life insurance benefits: PAYING FINAL COSTS Life insurance policy benefits can be used to help pay for final expenses after you pass away. 
This may include funeral or cremation costs, medical bills not covered by health insurance, estate settlement costs and other unpaid obligations.

PAYING OFF DEBT OR REPLACING INCOME Life insurance benefits can help replace your income if you pass away. 

This means your beneficiaries could use the money to help cover essential expenses, such as paying a mortgage or college tuition for your children. It can also be used to pay off debt, such as credit card bills or an outstanding car loan. INHERITANCE Some people purchase life insurance with the intention of leaving the death benefit as an inheritance to their loved ones. 
If you’d like to have a specific person receive your benefits as an inheritance, the Insurance Information Institute (III) suggests naming your chosen heir as the beneficiary on your policy. 
This will ensure that your life insurance benefits fall into the hands of the person you intended to receive it.

PAYING FEDERAL OR STATE ESTATE TAXES 

Depending on state laws, your heirs may need to pay an estate tax upon receiving an inheritance. The III says that life insurance benefits may be used to partially or completely offset this cost. It’d be a good idea to consult with your insurance provider or a financial professional to understand how estate taxes may affect your beneficiaries. CHARITABLE CONTRIBUTIONS Life insurance policies can also be created with your favorite charity as a named beneficiary, the III says. This can help ensure your philanthropic goals are met after you pass away, and that benefits are provided to your charity of choice.
 Life insurance can be a sensitive topic, but it can help provide a more secure financial future for your family if the unexpected happens. Contacting an insurance agent can help you better understand the types of life insurance and determine what kind of policy fits you and your family’s needs.