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Business – Page 58 – Reginald Chan

Reginald Chan

Category: Business

  • 5 Things To Look For In A House When You Have Kids to Consider

    5 Things To Look For In A House When You Have Kids to Consider

    Buying a home is an investment in both you and your future, but one thing that has to be considered is how your children will enjoy it. Owning a home with a family includes many considerations that you would need to account for, especially children. The best part about this is that many homes are aimed at families or people who are planning on having kids.

    The accommodations that you may need depends a lot on the size of your family and the kids as well, so this resource will help alleviate some of the problems associated with searching for a home that will be good for you and your children.

    Check out these 5 things to look for in a house when you have kids.

    Quality of the Neighborhood

    Purchasing a home for you and your kids should be more than an investment in just the home itself. You want to know what the neighborhood is like as well. Your kids are eventually going to be attending school, or you will be looking for a school for them to attend. While houses in good areas like Southern California are attractive to buyers at an added cost, if you click here you can read why a home being sold even before foreclosure is still a very good investment. Regardless, good homes are usually good neighborhoods, and you want a safe and enjoyable place for your kids.

    Safety Concerns

    Houses with kids in mind need to be safe, or at least adjustable to account for safety needs. Stairs that can be easily gated or closed off, protection around a pool, fences and sharp edges on tables are all things to look for. Kids get up to mischief, so it is good to know how to prevent any injuries, falls or other accidents before they happen. Most homes are easily equipped to handle the needs of families with young children or can accommodate them easily.

    Storage Space

    Kids have a lot of toys and junk that accumulates over the years. You probably do not want to envision walking around stepping through all this debris, so finding a home with ample storage space should be high on your radar. Closets, storage cubbies, or attics and basements are valuable parts of the home that you will want for you and your kids, even as they grow up, you need storage space as well.

    Play Areas

    Extra space or play areas are important too. Kids want to run around and use open space freely, and this can come in the form of a yard or an open plan living room. Any open spaces are good because they benefit you and the children. They give you the flexibility to move around in your home uninterrupted, and you will not need to worry about kids playing in cramped spaces and possibly knocking things off of coffee tables or bumping into you or guests. Open space is a premium and allows you to get creative with your interior design and planning.

    Private Space for the Parents

    While many of these things you are looking for in your house are for the benefit of your kids, it is still your house after all. Master suites, bedrooms, study rooms, or any kind of private space that is for the adults is a premium. Spending time with your kids in your living room is fun, but sometimes you just want to relax with a book or take a bath. Master suite bedrooms come with their own bathroom, and this will be a blessing. Kids make a mess, especially in this part of the house, so having your own private toilet and bath will only make your life less hectic. Not to mention that you can put that heirloom vase, away from the curious hands of your little ones.

    When buying a home, a big thing to consider is how much of this space is usable and enjoyable for both you and your kids. Even if you do not have kids yet, it is good to start planning early and find a home that fits all of your needs. Your financial situation, neighborhood quality, the safety of the home, and areas of play/privacy are needs that have to be met. Luckily, homes are usually designed with the family in mind so it is not hard to find one that will fit your budget and your specifications. What is important is finding one that does many of these things well, and with this information, you should be able to narrow your search and find your dream home.

  • Marketing Strategies to Quickly Sell a Hoarder House in Los Angeles

    Marketing Strategies to Quickly Sell a Hoarder House in Los Angeles

    Selling a hoarder house can be one of the most hectic jobs when it comes to someone who isn’t very much aware of this or is more new in the home selling business. Because just as much as of the efforts a normal house requires to be sold, a hoarder house takes more of it. This is mainly due to the reason that more than half of the population of people who move into new homes want to spend the least of their savings on their new homes. Rather a more reasonable and the least of what they can spend in making a house worthy of being lived in, is what they mainly look for. 

    Now due to this very reason, a lot of the people who’re looking for new homes especially in a city as beautiful as Los Angeles; barely look at hoarder houses to move in to. Now there isn’t necessarily just one serious reason for hoarder houses to not be sold easily. Instead, there’s much of it that people pay attention to when it comes to buying a hoarder house. But, some of the most common problems in such situations are mentioned on https://socalhomebuyers.com/4-common-problems-selling-a-hoarder-house-in-california/. Now just because it’s hard, it doesn’t really even mean that it is also impossible! Instead there still are many ways that you can make use of and improve the marketing of your hoarder house, in order to sell it faster. Let’s look into some such ways;

    Basic Strategies to Sell a Hoarder House:

    Understand the Problem:

    Now this might not be a major or very necessary step to be considered on top priority, but if you really want to get done with selling your hoarder house or have someone you want to help in it; it’s surely the right start. Since hoarding isn’t really a huge disease but rather more of a habit that many don’t have much control over. So when you’re up in the process of helping a hoarder, it’s important you let them know that they shouldn’t be ashamed of it and that it’ll all be done just right and positively. 

    Don’t Publicize Its Interior Pictures Before:

    Since the inside of the hoarder house you will have to sell may not be that catchy or interesting to make use of in the advertising to grab people’s attention, consider not at all doing it! Rather you can either take some tidy and suitable pictures of the exterior of the hoarder house, or probably skip on the publicizing part to eliminate more chances of making buyers leave right after one sight.

    Tidy Up The Exterior for Better Marketing:

    Because it’s important to market a house to sell it faster, there’s no way you’ll be able to get done with it without suitable pictures faster. But just because you can’t get one with tidying up the place from the inside fast, doesn’t mean it’ll be the same from the outside right? Instead, don’t waste much time and get right into tidying up the exterior of your house; from gardens to the entrance. This will help the house catch more attention of the buyers as well as market it well. 

    Explore The Extreme Damages Too:

    Hoarder houses aren’t just full of the damage and mess we see on the outside, but rather a lot of it on the inside too. Because hoarders don’t really pay much into keeping an eye on what really goes wrong in their houses, there are more chances you’ll find plenty of things to be fixed in such houses. So before you set out to sell your or someone else’s hoarder house, it’s important you explore all the inner damages and get them fixed too!

    Spend Some on Cleaning Professionals:

    When it comes to cleaning a hoarder house, it’s far better to spend some money on cleaning professionals than looking for any other suitable options. And when I say cleaning professionals, I don’t just mean any home cleaners, but actual professionals who have previously cleaned hoarder houses. This is mainly because hoarder houses don’t just consist of large piles of trash newspapers as it seems to look. Rather there’s a lot more underneath it that you can’t really see; something more unhygienic and toxic to clean on your own, that extreme professionals have done before!

    Now that you know some of the most major steps to work through with that hoarder house, you want to sell, it’s no more going to be impossible to sell it quickly even in a city like Los Angeles. Although things might not be as simple as selling a more suitable house, you would surely get rid of some of the major complications in terms of selling your hoarder house quickly.

  • 8 Ways To Fund Your Next Business Purchase

    8 Ways To Fund Your Next Business Purchase

    Running your own business comes with its fair share of challenges but none are as hard as finding money to run and grow your business, especially in a sluggish or a rigid economy. We strongly believe that a well-funded business has a much better chance to thrive and grow which is why we’ve compiled a list of 8 financing approaches that’ll help you find the money you need for your next business-related purchase.

    1- Apply for a Small Business Loan

    Securing the necessary funds for your business is now easier than ever thanks to the wide variety of small business loans available today. Between short- and long-term business loans, secured and unsecured ones, and even traditional and online loans, the possibilities are endless. When comparing different loan options for funding your next business purchase, we recommend choosing a fixed-rate loan over a variable-rate loan because the latter type can add unexpected expenses on your business. This way, you can buy the tools, equipment, and materials you need without incurring additional debt.

    2- Get a Personal Loan

    While pretty much all business loans depend on the credibility and strength of your business, personal loans depend on your personal creditworthiness and your current financial state which is why getting a personal loan can be easier for small business owners and young entrepreneurs who haven’t established a strong credit history yet.

    3- Use Your Credit Card

    Using your credit card to make the purchases necessary for your business’s smooth operation can be a quick and seemingly simple solution. However, using your credit card to fund your business can significantly impact your credit rating if you fall behind on your payments. On the other hand, when used responsibly, a credit card can give you the cash flow you need to get your business out of the occasional jam.

    4- Create a Crowdfunding Campaign

    Crowdfunding is an easily-accessible way to finance the next purchase you need to get your business off the ground. There are several different types of crowdfunding available including donation, rewards, debt, and equity crowdfunding. Between all these options, you should be able to find the right type of crowdfunding campaign that will suit your business needs.

    5- Invoice Financing

    Invoice financing is a quick and flexible financing solution where a company can sell its unpaid invoices at a discount to get cash. It’s often used by business owners who have poor credit and it’s also quite popular in industries like clothing manufacturing, printing, and construction, where a company will typically get paid after filling large orders. 

    6- Find an Angel investor

    Angel investors are wealthy businessmen and women who’re looking to invest in a new business idea that has the potential to make them even wealthier. To win over an angel investor and convince them to fund your next big purchase, you have to show off your strong business and interpersonal skills while demonstrating a deep understanding of the market and the competition. You’ll also have to present them with an impressive marketing strategy and a solid sales plan.

    7- Pursue a Grant

    Governments usually sponsor grants to help support small businesses and startups. While these grants typically only offer a small amount of money, they’re still an option worth pursuing. Before applying for a government-sponsored program, you need to be well-prepared because getting a grant usually comes with a lengthy application process that requires extensive research and serious dedication.

    8- Ask Your Family and Friends

    Borrowing money from your family and friends is one of the well-known ways to finance a small business in its early stages. However, when your loved ones become people you eventually owe money to, you’ll risk jeopardizing many of your cherished personal relationships. To avoid that, you need to consider the logistics of your arrangement. Are you offering shares in your company? Is this a loan? If so, how much is the interest rate? And when should they expect to be paid back? Think about what you’ll offer them in exchange for their investment and present them with a solid business plan to show that you’re taking this arrangement seriously.

    You don’t necessarily have to struggle to come up with the money you need for your business expenses. Nowadays, business owners have a multitude of financing resources at their disposal and the 8 tools above will point you in the right direction. So what are you waiting for? Go ahead and choose the one that fits your business needs and your financial situation and, sooner than you think, you’ll have the funds you need to run and even grow your business.

  • Is MLM Legit In Malaysia?

    Is MLM Legit In Malaysia?


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    Today we are going to discuss a rather sensitive topic—is MLM legit in Malaysia? Multi-level marketing or MLM in short, comes with many names. One of the most common name in the online space is network marketing. So, is network marketing legit in Malaysia?

    Let’s discuss this further.

    Network Marketing Malaysia
    What is network marketing?

    What is MLM? What is network marketing?

    According to Wikipedia, Multi-level marketing (MLM), also called pyramid selling, network marketing and referral marketing, is a marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company’s products/services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. However, this is the old saying—one which I personally believe is not updated.

    With the advancement in MLM and network marketing in the recent years, the entire market works different now.

    This is the real definition of MLM and network marketing.

    In Malaysia, for example, MLM still involves pyramid schemes and referral strategies. Instead of entirely non-salaried workforce, MLM companies in Malaysia had started to recruit full time staffers and grow their in-house marketing and sales team. Instead of selling scammy products that might not work or useful, MLM companies in Malaysia are more open to promoting products and services that are proven to be useful and effective.

    Here are some of the best MLM companies in Malaysia:

    Are MLM companies legit in Malaysia?

    The answer is “yes.” The above 5 companies I shared above are all legit ones. 

    In today’s world, not all MLM companies are scam companies. These are real companies with real people driving the company’s direction.

    But, just like any other businesses, these companies need to pay their full-time employees. In order for them to generate enough cash, they need to constantly create products and services which are required by the public. 

    And in order to generate more sales, they need affiliate marketers (take a look what a real affiliate marketer does here) to promote their product. As no one work for free, the company would need to create some attractive promotion and bonuses for those who many to close deals (and bring business to the company).

    So, can MLM or network marketing in Malaysia an absolute scam? Of course now!

    IMPORTANT: Malaysia is not free from scams. There are still many scam businesses in Malaysia especially in network marketing. The easiest way to define if the company is a scam is by looking at the investment or payment to affiliates. Most companies are not able to sustain if they pay out more than 60% of the overall sales value.

    Example of legit MLM company (that doesn’t promote MLM)

    Legit MLM Malaysia

    Do you know that there are many networking companies in Malaysia that don’t rely on MLM type of business model?

    A new example is VSchool Trend (read my thoughts and review on VSchool Trend Malaysia). VSchool Trend is owned by VKids Trend and it is a learning program that happens in the cloud. Instead of parents sending the children to tuition classes, students can now access online portals with the latest education updates. With over 500,000 exercise and modules available, the students can get real-time updates with the changes happen in the education industry. 

    For parents, they don’t have to do the guessing work and wonder how their children are performing in school. VSchool Trend allows the parents to have parental control and monitor the progress of their children in real-time.

    While VSchool Trend has their own staffing, the company also relies on the customers (parents) to promote their products. For every module the parents promote, they get a small cut (as a token of appreciation) for the sales done.

    Does this looks like a MLM company or MLM model? Absolutely not! The learning program is geared heavily to help students from Standard 1 to Form 5, and not just about helping parents to make money in Malaysia.

    Conclusion

    As a Malaysian myself, I have worked with many MLM and non-MLM companies over the years. The public would need to have a better and clear understanding that MLM companies in Malaysia are evolving dramatically. In short, MLM companies in Malaysia are mostly legit because they are not companies that just ‘recruit to earn money.’ Instead, they are real companies and real people trying to sell or promote products to the masses.

    Instead of trying to ignore them, you should consider joining real and reliable networking companies to make a little side income without leaving your day job. Plus, you can also use it to build a strong passive income stream that you had ever dreamed of (while still using the products/services from the given company).

    Leave a comment to tell me on what you think about MLM companies in Malaysia.

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