Building Your Business Success – Part 2

11 01 2011

Last week we began a brief discussion of how to build your business success

Key to Business Success

for 2011.  We reviewed the concept of what Commitment means to your small business success and that you personally are responsible for your small business success.  This week we are going to finish the discussion on Building your Business Success for 2011.

Actually anybody who starts a small business can be successful.  The differentiating factor is, how LONG will your business be successful.  Again, it does partially go back to that commitment thing.  You may be successful when you first start your business, but you must remain committed to your business success.  True business success is also founded on solid business basics.  If you do not have a good grasp of business basics, it would be wise, even before starting your own business, to take a class or two, or take a seminar to learn and master the basics of business.  Without business basics, you may be successful for a little while, but your lack of basic business knowledge will most likely get you in more trouble and could ultimately contribute to your lack of long-term business success.

We must all continue practicing and reviewing and mastering the basics of business.  Without a well established / thought-out business foundation, everything you build, will most likely not stand the tests of time.  Keep up on your basics.  If you don’t know, be sure to ask a trusted source that will help you master your business foundation.  With a strong business foundation, all the work you do for your business will be successful.

Focus on Continuous Growth

Another key to building your business success (and not just making a New Year’s Resolution) is to focus on growing throughout the year, and ultimately growing for the next several years.  Do not just focus on growing your business for this month or the next.  You need to have a long-term view of where you want your business to go if you want your business to grow.  Focusing only on the month-to-month growth will not provide you with enough time to really refine and define what direction you want your business to grow in the years to come.  If you focus 2-, 3-, 5- and even 10-years in the future, then the short-term setbacks will not be so difficult to resolve.  By looking at the long-term, you can look past the immediate obstacles and focus on how to obtain that long-term goal.  By having long goals, you will find it is much easier to get past the little stuff.  If you only look from month-to-month, the problems that may crop up will most likely appear much larger than they actually are.

Lastly, it is never too late to make your business successful.  You may have had a really bad year in 2010, but that doesn’t mean you will have a bad year going forward.  Review your business plan, identify what went wrong and more importantly, look for WHY you did not follow your business plan or why you were not successful last year.  If you can identify WHY things didn’t occur (this is different from placing blame) then you can identify what you need to do to avoid that obstacle going forward.  Even if you had a decent year last year, it is not too late to revisit your business plan and adjust for any new plans or ideas you may have.  Again, be sure to keep the long-term view when reworking your plans.  When in doubt, enlist the assistance of other experts in  your field of business, to help review what you have and where you want to go.

Here is to your continued business success in the new year.

If you are looking for a second income opportunity, or are looking for some type of small, home based business to get involved with, we may have something that would interest you.  We offer a wide variety of business opportunities, from Pre-Paid Legal Services, to Stem Cell Nutritional Products, to Waterless Cleaning Products.  If we don’t have exactly what you are looking for, we may know where you can find it.  Good luck and let’s all see our businesses grow in 2011.

Until next week…





More Tips on Growing your Business

17 11 2010

How many times have you reviewed your financial statements and wondered how you were going to increase sales this month?  If you were not increasing sales, you will have to worry about what other item you are going to have to cut back next month.  This is one of the main worries of the small business owner from the beginning of time.  You may have an incredible product to offer your customers, but if you don’t have the income or more precisely, PROFITABILITY, to support your product, your business will not be around for very long. This week we have more tips on growing your business.

This week we are going to review some more tips and suggestions to help boost your small business sales.  Not all of these tips are going to work for all of you, but perhaps some of these tips, if not directly helpful, will get your creative juices flowing and generate some seriously profitable ideas for your specific business venture.

As we have discussed in earlier blogs, your product,  service or opportunity (or all three perhaps) needs to not just fill your needs, but to fill the common need of your target customer.  Can you help people learn how to survive this current real estate downturn?  Do you have a new and innovative way to help clients sell their homes?

Have you looked at the prices you are posting for your particular products?  If you lower prices a bit and sell more products, would you ultimate make more income?  The key here is to advertise that you are lower prices again to assist your customers survive this economic downturn.  You don’t want them thinking you are lowering your prices to get rid of inventory.  You want your customers to believe that your new lower prices are a direct result of you wanting to help them deal with this economic strife.

Do you have a product that is more of a discretionary income item? Have sales gone down because people are not as willing to spend on discretionary items?  Can you rethink how to market this “luxury” item so that when your customer uses this item, they are given a brief “vacation” from the day-to-day stresses.  Using your item will give them a little bit of pleasure which in turn helps bolster their energy for the next round of reality.

Or, do you have a product or service that is a necessity, no matter what the economic climate has become?  If you don’t have this type of product, is there some item out there that might complement your current product offerings?   This item could help you to grow your business and develop a sustained income month over month going forward.

Lastly, don’t forget your customer.  Customer service and honest follow-up, especially in this economic environment, is the best business.  How many stores have you gone into where the clerks were cranky or just plain mean?  Did you leave that store feeling positive about your purchase?  If you found another store where the clerks were cheerful and friendly, don’t you think you would be more willing to spend additional time wandering around?  With  internet sales exploding, and on-line marketing at every turn, it is critical to differentiate yourself from your competition with your customer service.  People will be drawn to good customer service.  They will be more willing to spend their hard-earned cash at your business too because you made them feel better either about themselves or about their purchases.  These same customers will also be more receptive to purchasing higher priced products (i.e. “do you want fries with that?”).

It is truly amazing how much more people will purchase if you spend a little quality time with them.  Keep them appraised of any new promotions, send a very brief message monthly to let them know that all is well, periodically offer a customer loyalty gift or coupon.  Even if your customers do not redeem the coupons, they will be pleased that you thought of them, and will be more inclined to spend money with you instead of going to your competitor.

Hopefully some of these tips on growing your business sales can be implemented in your business.   What would be even better is that some of these tips inspired you to think of other ideas that grow your business.  Good luck and have a great business week.

If you are looking for a second income to supplement what you are currently doing, please feel free to explore our website.  We offer several home based business opportunities and are more than willing to discuss in detail any opportunity you are considering.  We offer Pre-Paid Legal Services, Stem Cell Nutrition and can assist you in starting up your own waterless detailing business.  You only have to ask.

Until next week…





3 Marketing Tips to help grow your business

26 10 2010

This week we are going to cover 3 marketing tips to help grow your business.  If you are like many small and home based businesses, you have most likely struggled with getting your product, services or ideas out to the general public.  There are many, many different marketing techniques to get your business advertised, but for many, money is the determining factor.  This week we are beginning a brief series on some marketing tips to help grow your business and not break your bank.

1 – To begin with, you need to have the right marketing message and present it at the right time for your customers.  You do not want to advertise the latest big cars when the gas prices are going through the roof.  The key is to be sure your business offers a solution or solutions to the problems consumers are facing today, not what they faced yesterday.  Don’t spend your hard-earned money on trying to build your image…yet.  You can build your image more effectively by word of as your business grows instead of hiring an advertising agency to promote you.

2 Test the market by trying some direct response marketing pieces.  Keep the cost of printing to a minimum, offer free reports, a free consultation, or some type of coupon to draw people to your business opportunity.  Try a few different direct response offers, and most importantly, keep track of which offers you made and how you sent them out.  Once you receive responses back, track which ones were your most successful and then work to improve upon those.  Do not spend time on ineffective direct response ideas.  If you didn’t get any response, toss that idea and move on to one that did generate interest.

3 – Once you receive responses from your marketing pieces, it is critical that you follow-up with your leads often and quickly.  Ask how they would prefer you to stay in touch with them.  Some may prefer a monthly newsletter, others may prefer a weekly e-mail or a phone call.   Tally the results with what your customers ultimately purchase.

Lastly, ask your customers how they found out about your business.  Was it through a friend, an ad they had seen in a local paper, or some other means of advertising that you have employed?  Do not jump from one advertising piece to another unless you have carefully documented the success and failures of what you have completed.  Very important – do not do major changes to your marketing pieces.  Do little changes and measure the results.  You will be amazed at how one small change can lead to large results.  If you change too many things at one time, you will have no idea which specific change generated the improved business.

Next week we will continue with additional marketing tips to help grow your business.

If you are looking for a second income or a home based business opportunity, perhaps we have something that would interest you.  We have several business opportunities ranging from Stem Cell nutrition, to Pre-Paid Legal Services, nutritional juice drinks to, to waterless vehicle detailing.  Please feel free to ask us about some of our business opportunities, we may have something that would work well for you.

Until next week…





Stem Cells and the Inflammatory Process

14 09 2010

Tonight we are going to briefly cover the topic of stem cells and the inflammatory process. The word inflammation comes from the Latin inflammatio, which means “to set on fire.” Most people associate it with skin that becomes red, painful and swollen after they get a bug bite or a splinter. Those are common symptoms of acute inflammation.

The inflammatory response is a normal process, and an important mechanism for health; without it, wounds and tissues would not heal. But as with most physiological functions, it is vital that there is a balance. Unfortunately, inflammation that becomes chronic is one of the most troublesome processes in the body.

Chronic inflammation causes significant disruption of the normal functions of cells and – unlike acute inflammation – is usually silent, invisible and persistent. We can’t see it or feel it, but it can cause a host of health-related problems that plague today’s society.

One of the reasons chronic inflammation is such a problem is that it appears to interfere with the ability of your adult stem cells – your body’s natural agents of renewal – to do their job.  Scattered chronic inflammation at the cellular level makes it difficult for your stem cells to know where they are needed, because cells everywhere appear to be signaling them. Kind of like trying to hear someone in the middle of a stadium full of people who are all shouting at the same time.

Causes of chronic inflammation include the persistent presence of pathogens, environmental pollutants, negative genetic factors and lifestyle, among other things. While not all of these causes are within our control, some definitely are. For instance, lifestyle factors that create inflammation include poor sleep, lack of exercise, chronic stress and an inflammatory diet.

Inflammatory diets are those high in saturated fats, trans fats (hydrogenated or partially hydrogenated oils),  margarines, alcohol, artificial sweeteners, dairy products, soda (diet and regular), well cooked red meat, MSG, nuts (except almonds and walnuts), white and brown sugar, and white flours.

Anti-inflammatory foods include vegetables (especially dark leafy greens), fish and fish oils, flax seeds, flaxseed oil, fruit (especially pineapple, mango and papaya), oats, olive oil, brown seaweed and barley.

Obviously, you can significantly improve your quality of life by living an anti-inflammatory lifestyle. However, a more practical alternative in today’s helter-skelter world is to take Aphanizomenon flos-aquae (AFA) concentrate, which gives extra support to your natural stem cell renewal system.  Our flagship product, StemEnhance, could be just the solution you are looking for.

A recently published study showed an increase in circulating stem cells of 25% with just 2 capsules of this AFA concentrate daily.

Disclaimer: This article is for educational purposes only and does not constitute medical advice. The opinions expressed herein are those of the author and any products mentioned, while supported by science, are not intended to diagnose, mitigate or treat any disease or illness.

For more information and to learn about financial opportunities available in the exciting stem cell arena – visit: www.hawgwash.stemtechbiz.com or contact Holly at 480-688-2343





An Exciting New Paradigm in Health

24 08 2010

Stem Cell research has been in the news again this week.  In Washington, D.C. this week there was an injunction placed on all Embryonic stem cell research.  Luckily for us, we have found a way to naturally enhance your own EXISTING adult stem cells.  Our natural Stem cell enhancer product (StemEnhance) allows your body to naturally release it’s own adult stem cells so there is no controversy, no questionable work and no embryonic stem cell research involved with our Stem Cell Enhancer product.

For many years now, research involving stem cells has been all over the news headlines … for a good reason.

According to the U.S. government’s National Institutes for Health (NIH), “Stem cells have the remarkable potential to develop into many different cell types in the body. Serving as a sort of repair system for the body, they can theoretically divide without limit to replenish other cells as long as the person or animal is still alive. When a stem cell divides, each new cell has the potential to either remain a stem cell or become another type of cell with a more specialized function, such as a muscle cell, a red blood cell, or a brain cell.”

This revelation has opened up huge opportunities in the stem cell research arena, creating a major frenzy among medical researchers. After all, the number of potential health benefits provided by cells that can become different types of cells when needed is only limited by the size of one’s imagination!

The use of embryonic stem cells is controversial on many levels. But what most people don’t realize is that during recent years, the scientific community’s intense interest in the potential benefits of stem cells has led to many exciting discoveries in a closely related area – that of adult stem cell function

Under no circumstances should adult stem cells be confused with embryonic stem cells – they are entirely different.

Embryonic stem cells develop in the embryo from a ball of cells (called a “blastula”) into the many different types of cells – liver, heart, lung, eye, skin, etc. – that make up a newborn. Adult stem cells, on the other hand, are continually produced after you are born, circulating in the bloodstream and fueling your body’s natural renewal system.

Medical researchers, whose focus is on what to do AFTER someone begins to have health challenges, are working feverishly to overcome the many problems inherent in stem cell transplants, such as the issue of immune rejection.

However recent scientific data shows that greater numbers of the body’s OWN circulating adult stem cells equate to greater health and wellness. And, based on the significant results of a double-blind peer-reviewed clinical study, a momentous breakthrough has now been made in this area.

In essence, the study showed that by simply adding 2 capsules a day of a patented concentrate of an aqua-botanical known as Aphanizomenon flos-aquae (AFA) to the diet, the number of circulating stem cells was increased by an average of 25%. The health implications of this study are huge, and for those who help get this AFA concentrate into the marketplace the financial potential is extraordinary.

 Disclaimer: This article is for educational purposes only and does not constitute medical advice. The opinions expressed herein are those of the author and any products mentioned, while supported by science, are not intended to diagnose, mitigate or treat any disease or illness.

 For more information, visit:  www.hawgwash.stemtechbiz.com





Capitalizing on the Stem Cell Media Frenzy

18 08 2010

Everyone is aware of the controversy surrounding embryonic stem cells – those from unborn fetuses.  But not everyone is aware that adult stem cells – those that are naturally present in the body from the moment you are born – can become virtually any cell in the body. In essence they are the body’s natural renewal system; in fact recent scientific data shows that more circulating adult stem cells equate to greater health and wellness.

In a major development in the area of natural adult stem cell renewal, a peer-reviewed clinical study showed that consuming 2 capsules of a patented concentrate of the aqua-botanical Aphanizomenon flos-aquae (AFA) gave rise to an average 25% increase in the number of circulating adult stem cells.

How Stem Cells Work

This study has enormous implications because through the body’s natural mechanisms, stem cells circulate to areas where they are needed to support the natural renewal process. By giving rise to an increase in circulating stem cells, the AFA concentrate therefore supports the body’s natural ability to rebuild, renew and rejuvenate.  The implications are significant – when used as a daily supplement, the circulation of millions of additional stem cells in the bloodstream could be one of the most important ways for maintaining optimal health that science has yet discovered!

Everyone could potentially benefit from this patented AFA concentrate … everyone from young to older and especially those who engage in sports, whether serious athletes or occasional weekend warriors. The significance of stem cell support to athletes is that by supporting our body’s natural renewal system, we are able to support the natural process of recovery from exercise to build strength and stamina.

An eye-opening example is that of an athlete in the male 65-year-old category at the United States Track and Field Masters games who ran the mile in 5.12 seconds and shattered a 35 year old age group record. He credits the AFA concentrate as the reason he was able to achieve this feat, in addition to winning several gold metals in other events. Another example is that of a college student athlete who has been able to break through plateaus in strength training after incorporating the AFA concentrate into his regimen. In fact many athletes, fitness enthusiasts and weekend warriors credit the AFA concentrate with their success.

There is no question about the value of tapping into the power of our own adult stem cells, and the AFA concentrate is supported by scientific evidence so it’s definitely worth a try. Entrepreneurial types should also consider the marketing opportunities provided by this unique, first-to-market stem cell support product.

Disclaimer: This article is for educational purposes only and does not constitute medical advice. The opinions expressed herein are those of the author and any products mentioned, while supported by science, are not intended to diagnose, mitigate or treat any disease or illness.

Now is the time to get involved in Stem Cell Nutrition.  You will be capitalizing on the Stem Cell Media Frenzy.  Because of all the news, you get essentially free advertising.  Stem Cell Nutrition is a new field, with scientific studies backing what we have seen.  This will be the next wave of health nutrition.  If you are interested in obtaining more information on this incredible business opportunity, please review this video.  If you are interested in our Stem Cell Nutritional products, please check out our website.   We are also always available for questions if you wish to e-mail us.





Why Adult Stem Cells?

25 04 2010

For the last several weeks we have been talking about human Stem Cells in general and honing the discussions down to Adult Stem Cells in particular.  This week we are focusing on why Adult Stem Cells are important in our body and what we can do to improve our overall health with Adult Stem Cells.

As discussed last week, bone marrow stem cells have the ability of becoming any type of cell in the body.  Since these adult stem cells are prevalent in the bone marrow and seem to be released into the body when the body is in need, it stands to reason that these particular adult stem cells constitute the natural renewal system in the human body. 

When a part of the body experiences some type of stress (either environmental or physical, that portion of the body releases specific messengers into the blood that is then transported to the bone marrow.  These messengers provide information for the bone marrow to release adult stem cells into the circulatory system.  Once the stem cells are released into the blood stream they travel to the area in need and begin to turn into the cell that needs repair or replacement.

Once the stem cells arrive at the area in need, they begin to multiply in order to amplify the process of repair.  That is when the adult stem cells become functional cells of the tissue or muscle in need.  Every adult stem cell has the potential of becoming a few thousand specific tissue cells.  It is through this natural process of renewal that your body maintains optimal health.

When the bone marrow releases stem cells into the blood stream, you are not reducing the amount of stem cells in the body.  Before one adult stem cell is released, it creates a sister cell that remains in the bone marrow.  This allows the bone marrow to maintain a constant amount of adult stem cells.  If the adult stem cells that have been released into the blood stream are ultimately not used, those adult stem cells are re-absorbed back into the bone marrow. 

Since adult stem cells constitute the natural renewal system of the body, then any product that would support the increase of stem cells into the blood stream would  provide a wide variety of benefits to the body.  Therefore, by consuming a nutritional product that would increase the amount of circulating stem cells, you are increasing your ability to experience better health.  The product we offer, StemEnhance, supports the natural release of adult stem cells from the bone marrow.  StemEnhance allows the body to maintain optimal health by naturally allowing the bone marrow to release about 3 to 4 million new stem cells into the circulatory system (about a 25% increase in circulating stem cells). 

The really great thing about naturally releasing the stem cells into the circulatory system is again, if the stem cells are not used, they are reabsorbed back into the bone marrow, so there is no wasting of stem cells.  If you would like to watch a brief video about adult stem cells and StemEnhance, click here.   Not only can StemEnhance improve your personal quality of life, but it can help you to earn an additional income.  If you have any questions about our Stem Cell Nutritional product line or questions on how you can earn a second income with these products, please feel free to e-mail us at hawgwash1@yahoo.com

Until next week…





Adult Stem Cell Basics

21 04 2010
Stem Cell Health

Overview of Stem Cell Health

In our last posting we reviewed the different types of Stem Cells that can be found in the human body.  Today we are going to focus on the Adult Stem Cells.   As we talked about before, Adult Stem Cells can be found in the body after birth.  Adult Stem Cells can be found in both humans and animals.  The largest concentration of Adult Stem Cells can be found in the bone marrow. 

Adult stem cells are undifferentiated cells, which means that when needed, they can turn into any other type of cell in the human body.  What is also very useful about adult stem cells is that like the embryonic stem cells, adult stem cells can replicate themselves indefinitely and are abundant in the body throughout the natural life-cycle.  Because of that, the use of adult stem cells in research and tests is far less controversial than that of the embryonic stem cells. 

Since we all have adult stem cells in our body, the next question would be what do those adult stem cells have to do?  The most current scientific research on adult stem cells is that since they are undifferentiated cells, when the body needs a cell to be repaired or replaced, a message is sent out to the system to release an adult stem cell and have it sent to the area in need.  All the cells in our body have a specific life-span, from days to months and at some point in time those cells will naturally die.  The current research implies that the adult stem cells are responsible for replacing those cells to keep the body going. 

Our adult stem cells are designed to naturally repair and replace the broken or dying cells in our body.  The problem is that as we encounter more toxins, our cells become stressed faster, and we then appear to age faster because the cells cannot be regenerated as rapidly.  When there is stress or injury to the cells (as in exposure to toxins) chemical messengers are released into the blood system, signalling the body to release more adult stem cells into the blood stream to be delivered to the area in need.  Once the adult stem cells locate the area in need, they attach themselves to that area and begin turning into the type of cell that has to be replaced. 

This act of replacing damaged cells is what keeps us in optimal health.  The latest scientific studies are currently showing that adult stem cells are part of the body’s natural healing system.  There was a double-blind, placebo controlled crossover study published in the peer-reviewed medical journal, Cardiovascular Revascularization Medicine which indicates what an increase in circulating adult stem cells can be linked to increased regeneration of cells in the body.  In a somewhat similar situation, the Olathe Animal Hospital in Kansas has made some ground breaking procedures with adult stem cell therapy.  They were able to extract adult stem cells from the fatty tissue in a dog, have it processed and ultimately replace those extracted adult stem cells back into the injured area of the dog.  To date the dog has experienced less pain and is able to move around easier than prior to the procedure.  Follow the link for an overview of the procedure and the results. 

Next week we will continue this discussion and talk about how to maximize the use of your own adult stem cells and how to help you body to improve overall health and wellness.  If you would like more information on how to enhance your adult stem cells, please feel free to visit our site at:  http://hawgwash.stemtechbiz.com/Default_US_EN.aspx .  If you have any questions regarding this or anything else, please feel free to e-mail us at hawgwash1@yahoo.com.





Stem Cell Basics

11 04 2010

This week we are going to review what stem cells are and why we need them.  We will then carry the conversation on to the different types of stem cells and what we can do to maximize the effects of our own stem cells. 

There are several different types of stem cells in the human system.  Generally stem cells are a type of cell that is able to divide asymmetrically into two daughter cells that are not exactly alike.  The majority of the cells in our body cannot do that.  Stem cells also have the ability to turn into different types of cells and tissues.   Stem cells can ultimately re-create just about any tissue or organ in the human body.  Stem cells can essentially repair tissues in the human body that would not be able to repair itself. 

The fact that stem cells can create any cell or tissue in the body can become a huge advantage if for instance there was a need to replace or repair neural cells in the brain or repair the spinal cord.  You have probably heard about all the research with embryonic stem cells and the potential that can be in repairing spinal cord injuries.  Scientists have not yet been able to repair spinal cord injuries, but there has been significant work in that area.  Another advantage that stem cells have is that they can replace cells that were damaged during chemotherapy.  The stem cells adapt to the affected area, whether it is damaged skin, muscle, organs or brain. 

There has been a lot of news, both positive and negative about stem cells and stem cell therapy and research.  Much of the negative press is related to the research connected with embryonic stem cells.  These stem cells are extracted directly from a human embryo.  You cannot harvest cells from the embryo and have the embryo continue to live.  The embryonic stem cells can be kept alive indefinitely, and can double in number every 2-3 days.  These are not the only type of stem cells that are in the human body. 

Stem cells can also be harvested from the umbilical cord, and are referred to as cord cells.  These stem cells are extracted from the umbilical cord after it has been removed from the baby and mother.  These can be stored indefinitely in case they may be needed for the child down the road.   These cord cells can also be used by either the mother or father.  The problem with the collecting cord cells is that you have to have a child in order to get those stem cells.

There is yet another type of stem cell that is in the human body.  These are called adult stem cells.  Adult stem cells are not only found in adult humans, but are found in children too.  These adult stem cells are located in our bone marrow.  Up until lately, the only way to extract adult stem cells required going into the bone marrow to get them.  This can be a painful to the person and damaging to the bone marrow.  Adult stem cells are superior to both the umbilical cor and embryonic stem cells because the adult stem cells are plentiful, there would also be an exact DNA match so the body’s immune system would never reject its own adult stem cells.

Next week we will continue the discussion of stem cells and how it can help us to heal and slow the aging process.  We will review the difference between stem cell therapy and stem cell nutrition.

If you would like to learn more about adult stem cells and the nutritional product we have to offer, please visit www.hawgwash.stemtechbiz.com .  We would also be glad to answer any specific questions you may have

Until next week…





My Product is no longer Available – HELP!

27 03 2010
Second Income Specialists

Hawgwash, LLC

Last week we discussed ideas on what to look for when your home based business is not earning as much income anymore. This week we are going to cover an even more uncomfortable topic, what happens when the product you offer is not available for you to sell anymore.

This is every home based business owner’s nightmare.  It is also the nightmare for anyone in an Multi-Level Marketing (MLM) opportunity too.  How many MLM’s did you know or hear about that are no longer selling the products they initially did, or worse, how many MLM’s did you hear about that are no longer in business?  This problem is what has given the MLM industry a very black eye and has caused many home based business owners severe heartache.  It is an inevitability though.  As the economy continues to decline, more companies and manufacturers will be going out of business or will be scaling back production.  What are you prepared to do if the product that you offer for sale is no longer available by your supplier, or even worse, what will you do if your product is no longer being manufactured? 

You may want to go out and look for other manufacturers that produce either the same or similar items to what you currently are selling.  You should be doing this on a regular basis, because if you find out today that your product is no longer available for sale, it is too late.  You want to be in a position to be able to negotiate with an alternate supplier before it becomes an urgent need.   If your supplier is the only one who manufacturers your particular product, is there someone else out there that produces a similar item?  Is this other company something that you can believe in and get behind?  If possible, it would be in your best interest to find another manufacturer of your specific product, and locate someone who manufactures a very similar product.  The reason for doing both is that you want to have the ability to negotiate, and in order to effectively negotiate, you must have options. 

To keep your options open, go out and re-investigate who else carries or manufactures your product.  You would have done this research when you first got involved in the business, basically all you are doing is updating your information.  You want to have current information since the economic climate has been changing so rapidly and radically.  Another place to look is to your competitors.  Are they selling the same product?  Are they getting it from the same supplier?  Do they have alternate plans? 

What else you could do in order to lessen the impact of you losing one of your product lines is to have other products / opportunities already operating in your business.  As nice as it may be to offer one product, by only having one item or class of product, if your supplier folds, you are stuck.  It is always wise to have backup plans and other products to offer your customer base.  That way, if one item is no longer available, you already have another product in place that you can move the emphasis towards.  The key is to remain flexible and keep a few different products active for your home based business.   You never know what is going to happen, nor are you entirely sure that your customers may change their purchasing patterns and no longer desire what you are offering.  By having a few different product lines available, you are able to meet more varied needs of your customer base.  By expanding into a few different areas, you keep your home based business flexible and prepared to meet the economy’s changing demands.

If you are looking for other opportunities to add to your existing arsenal, or you are looking for that first home based business opportunity, please feel free to contact us for suggestions or recommendations.  We have several home based business opportunitites available, from waterless vehicle cleaning products, to cutting-edge nutritionals, to Pre-Paid Legal Services.  If we do not have anything that would complement what you already have, perhaps we can provide you with suggestions for what would work with your business. 

Until next week…