ACCOUNTING AND YOU

Hello friend. "I have an accountant who takes care of my accounting needs." That is what we tell ourselves all the time, thinking that this will save us the pain of going to class and learning all about accounting.The hard truth is that we all need to know a little about accounting or some basics, or you will end up being swindled by your accountant or find yourself in deep financial trouble!!

Celebrities and millionaires have fallen prey to mismanagement of accounts. Therefore a little knowledge of accounting is essential for success in your business. That is what i am here for.

Sunday, August 30, 2009

AREAS OF INVESTMENT ON THE INTERNET

There are various ways in which you can invest on the internet. Just think about it, there are over 100 million websites over the internet! How could you possibly be visible amidst such a huge number! You may wonder. However, you should also be privy to the fact that there are also over 1 billion users of the internet worldwide! So if you can manage to offer just 1% of this number, the service or goods they are looking for, imagine how much money you can make, even if it is just taking 1$ from each of them as the cost for your services! So what areas might I invest in the internet at this moment where there seems to be economic depression everywhere? You may ask. Well, the key to identifying these areas is by trying to figure out how you can turn the so- called problem into an opportunity and derive money from it. For example; one area you may identify is the entertainment industry. As opposed to other industries, entertainment has managed to stay afloat during this period of economic recession. This may be because people who have been laid off are so depressed that they need entertainment as a form of getting away fro m it all. Thus they may spend the little money that they have to go watch a movie, or buy a video game console, so that they can use this as a way to escape from their current predicament. One area of entertainment you may generate revenue from is selling mo vie tickets online, or directing people to websites that offer these tickets at a throw away price. Most people want to be entertained, but the lesser they pay for it, the better for them. Therefore if you can create a website that offers cheap ticket information, you can be assured that many people will visit your site on a day to day basis! Then how do you pick the films to sell the tickets for? That’s easy, at this moment, I have seen that movies that have sequels, are the safest to bet on. People will always be willing to pay for a movie that they liked, the first time it was released. Therefore chances are high that they will like the sequel, and pay to go see it. Another way to generate revenue from films is to put up your own blog that critiques the films, and offer people an opportunity to comment on your posts. If a film like Harry potter and the half blood prince, that is doing so well currently at the box office was to feature as a topic of discussion on your blog, be rest assured that millions of kids around the world would want to have a say on it. This is just one segment of entertainment that can generate revenue for you on the internet. I will be delving deeper into it in my subsequent articles. Take this advice and apply it practically, then watch as you become well on your way to being an internet millionaire!

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