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What are the best part time earning options for a student?

Student life is driven by academics, associated hard work, joy of ambition and vision of success. These ingredients determine the buoyancy of a student life. However, money in the pocket is always crunched and many fancies, if not the utilities are in want of bucks! So what can a student do to earn without affecting the academics and prospects for the bad. I mean to say that not much time should be lost and money though less but should flows in instantly without any investment? Most students try to engage them in some part time job of their choice. But which one to choose is always a difficult task for the seeker. Here are few options that can be leveraged by the students to fill up the pockets –

  • Give tuitions

Giving tuitions to small children is one of the best things any student in his middle class can attempt to earn instantly. There is nothing required but time of one to two hours and one’s own knowledge and skills are also polished again and again. Many students offer tuitions as per their aptitudes and availability of time. The option also offers flexibility and scalability options.

  • Can do content writing online

Online content writing jobs are available in plentitudes today. The student can easily get engaged and deliver through his computer or laptop without the need to go out of one’s comfort zone. The earning is good while the resource utilization is zero except time. The student can have flexibility as per his will.

  • MLM and networking

MLM or Multi Level Marketing is a good option to have consistent earnings after investing time and energy at the inception stage only. Student can invest through his pocket money and get going through any soft plan with small value for each member. Once the chain begins, there is no need to put in more time even!

  • Make college project and models for sale

Many students who have interest in arts and crafts or practical work engage in making models and projects that are always in demand as assignments in schools and colleges. The students buy these projects and models at good prices.

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What to consider when finding a mentor for company’s senior management team?

Business requires acumens which the wise men in the higher echelons deliver. They make the right decision at the right times and thus offer the direction to the initiatives of the company. Often such managers in the highest positions serve as the mentors and their presence alone is very much valuable to keep the company aloof from the potential deadlocks and backlashes that emerge due to lack of experience and bad decision. Thus when a company is hiring a member of its Senior Management Team then it is also looking for a mentor! This could be a tough task because as compared to hiring of lower level or entry level executives, qualification and certifications are less of value here and vision is more demanded. So what could be the attributes that a company should look for while hiring its senior management team members almost as mentors? Here are some of the qualities that are relevant –

  • Past record and experience

The experience and past record of the candidate gives a clear picture of his abilities. One can judge objectively through his achievements as an incumbent in various positions in different firms. A general idea is thus derived for the suitability of the candidate. But this is only the partial picture and must be complemented with other components as given below.

  • Service spectrum

Look out for the service spectrum of the candidate as what sectors and job profiles have been served by him in the past. The hiring team would get an idea of the sectors where his expertise is spread and thus can derive the idea whether this could be helpful or not!

  • Specializations

Specializations are a direct determinant of the suitability of a candidate for a particular position, especially in the higher rungs of decision making echelons of company. A candidate having desired specialization is preferred.

  • His vision

Find out what vision the person carries for your company. Does he has interest and passion for the job role on offer or not? This could be very important to judge the assimilation of that candidate as a Mentor in Your Company.

Here are the attributes of best business model for MLM networker

Innovations determine the synergisms in the space of business and marketing and therefore the managers are always in search of a novel paradigm to propel their aims and business objectives through the socio economic domains. MLM or Multi Level Marketing is one such approach that rides on the power of the network that grows through the addition of more customers that later adopt the role of salespersons. The chain is thus created and it continues forward while the existing members at the apex level derive their commissions. The commission and hence the earning also increases as new members are added in the chain. Though MLM is itself decades old concept, the networkers keep on searching or developing a model which grows swiftly and is self propelled so that there is no stopping. The search for the best business model of MLM is often determined by various parameters such as:

Financial Power
Multi Level Marketing

The cost sought from the new member

The input cost is one of the fundamental determinants of the popularity of the MLM Plan. It should be always considered that if a project with popular participation is being designed then the cost sought from the potential new member should be less. This reduces the hesitation and reluctance and allows fast growth of the chain.

The product or service that is on offer

Choose a service or product for sale which has popular relevance and not that which is of peripheral relevance only. A product in direct demand in social economy evokes interest and the new member feels satisfied to become a member. This also determines the growth rate.

 Fluent administration of benefits’ distribution

The benefits management should be done efficiently so that the new members remain synergized and active.

The transparency quotient

Transparency should also reflect so as to win the confidence of the members. The MLM should be openly run online.

The bonuses as milestones of inspiration

Bonuses serve as the milestones and inspire the members in the mid segment towards growth and further achievements at the earliest.

Few attributes of best business model for MLM networker

Innovations determine the synergisms in the space of business and marketing and therefore the managers are always in search of a novel paradigm to propel their aims and business objectives through the socio economic domains. MLM or Multi Level Marketing is one such approach that rides on the power of the network that grows through the addition of more customers that later adopt the role of salespersons. The chain is thus created and it continues forward while the existing members at the apex level derive their commissions. The commission and hence the earning also increases as new members are added in the chain. Though MLM is itself decades old concept, the networkers keep on searching or developing a model which grows swiftly and is self propelled so that there is no stopping. The search for the best Business Model of MLM is often determined by various parameters such as:

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Business Model for MLM

The Cost Sought from the New Member

The input cost is one of the fundamental determinants of the popularity of the MLM plan. It should be always considered that if a project with popular participation is being designed then the cost sought from the potential new member should be less. This reduces the hesitation and reluctance and allows fast growth of the chain.

The Product or Service that is on offer

Choose a service or product for sale which has popular relevance and not that which is of peripheral relevance only. A product in direct demand in social economy evokes interest and the new member feels satisfied to become a member. This also determines the growth rate.

 Fluent administration of benefits’ distribution

The benefits management should be done efficiently so that the new members remain synergized and active.

The transparency quotient

Transparency should also reflect so as to win the confidence of the members. The MLM should be openly run online.

The bonuses as milestones of inspiration

Bonuses serve as the milestones and inspire the members in the mid segment towards growth and further achievements at the earliest.

Zero investment partnership programs being catalyzed by specialty business software!

Doing business is not easy because it requires an efficient management of the finance and resources in hand as well as sharper acumens that are devoid of ambiguities and marked by a vision for optimizations. Frankly speaking, these qualities are seldom found in one individual and hence the desire for super efficiencies comes true only in rarer cases! However, this is the truth about the distribution of talent in the human matrix; while of course some notable interventions have been done in the field of Business Management so as to assist the managers towards better fulfilling the set goals of the company. New concepts like zero investment partnership program have been developed with the objective of bypassing one of the fundamental constraints of business growth – the finance! The Zero-Investment Partnership is sort of association with the company wherein the partner offers to provide specialized services, primarily in sales and there is no need to pool the (financial) resource. Channel sales partner is one such example while reseller sales partner is another.

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Inventory Management

Ensuring Business Efficiencies through Software Products

In a zero-investment partnership program, the partner is generally not a strategic business partner but his services are often auxiliary so that the company is helped through the important dimensions like Marketing, distribution, sales and Inventory Management among others. Such partners have found acceptance and catalyzes due to their specialized operations. This is now largely ensured through the specialty business software suites that streamline the processes and make the things easy to manage. The prospects that are scattered thus can be better tackled and fructified through the objective functions of the software. In the last few years, the demand and production of such software products has increased drastically and the businesses in the diversity of verticals have found vibrant synergisms. In effect, this has led to cost cutting and better efficiencies for the business firms.

Traders looking for efficient handling of taxation as GST roll out planned for July 1st!

Taxation is an integral attribute of every socio-economic system and has been executed in one or the other manner since times immemorial. However, the system of taxation has been always criticized either by the taxpayers as oppressive or by the academicians and taxmen who demand better tax nets and legislations towards ensuring more collections for the state exchequer. The assessments and amendments continue and the nations or the jurisdictional authorities keep on evaluating the better option. In India also, the taxation system has continuously evolved and the changes have been swift in the last 50 years; when the social prosperities and economic differentiation showed up expansions. GST – the new tax system is to be implemented countrywide from July 1st and the trading community is pretty much concerned at its rollout; because the implications are thought to be broader and comprehensive.

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Financial Report management

Dedicated software to assist traders in taking care of GST!            

GST or ‘goods and services tax’ is the new system of taxing the goods and services at varying rates and the business and trading community here is apprehensive because of the major changes that are sought to be implemented through it. There is a lot of buzz despite the worthy assurances given by the Indian Finance Ministry – the nodal agency that is spearheading the tax movement throughout the country. GST would be levied at sales, purchase, transfer, lease, and import of goods and is a consumption basis tax. It will replace different indirect taxes that are known to generate the price fluctuation and sort of price indeterminacy also in different goods and services in diverse regions (states). Traders that are concerned about taking care of GST could be vitally helped through the smart software products that have already started to show up in the market. Such software have been designed to generate transparency for the traders regarding how & what quantum of tax would need to be paid to the authorities.