Affiliate Marketing – An Online Business That Is Recession Proof

Are you looking for an on-line business that is recession proof? Would you like to start a business that no matter what the economy is can still provide a substantial income that would allow you to maintain a quality lifestyle for you and your family? Well look no more, that business is called Affiliate Marketing.

Picture this scenario: You visit a huge warehouse stocked with thousands of sale items. Let’s say you decide you want to sell some of these items but you don’t want to purchase them upfront (in case they don’t do well); you don’t want to stock inventory of the items in order to bypass the shipping; and you really don’t want to keep track of the orders. Basically, you just want to know when the item sells and that you’ve made a profit.

The bad news is, if you went to a physical warehouse and told the owner that this is the way you want to do business, you’d be shown the door. The good news is, as an Affiliate Marketer, you could run your on-line business exactly this way. The warehouse would be your websites or blogs which is where your visitors would come. The links on your site page will take the visitor to the on-line merchant who has the inventory of products you are promoting. If it is a material product that requires shipping, that is handled by the merchant. You will become a member of an Affiliate Network that will handle promotions, tracking orders and making deposits into your on-line money account! The best part is, your business would be a 24/7 operation, which means you could be making money while you sleep.

No matter what the state of the economy is, people will always make purchases on the internet. It ranges from impulsive buying to purchasing items of necessity, to buying gifts for others or buying information to help improve the quality of life.

Is this an easy business to start, not in the sense that you don’t have to invest the time required to set up your sites, your networking accounts and tools to help generate traffic to your sites. But there is a plethora of free information on the internet about Affiliate Marketing. Do your research and get the knowledge, the tools and develop the skills that will ensure your success.

Here’s to Great Success!

The Top 10 Corporate Gift Items You Will Need in 2020

Regardless of the occasion, it’s a great idea to make your team realize how much you appreciate their effort. Usually, a small corporate gift can be an ideal way of doing so. If you are an employer, you should have multiple reasons to spur on your team. For this, what you need to do is know more about the needs and interests of your workers to opt for the right gift items. Given below is a list of corporate gift ideas for employees. You can check out this list to make the right choice.

1. Bluetooth Speakers

If you have got a big client or you had great results from your employees, you can make them feel appreciated. Think of something out of the box that they will love like a Bluetooth Speaker

Your team members can listen to their favorite music for creating a relaxed atmosphere. Aside from the office, they can use this device at home as well. Make sure you opt for one with a decent range and in-built microphone.

2. Custom Photo Frames

Just like everyone, employees want to feel special on their special days like a birthday. Hence, the gift you opt for should carry an emotional value and personal touch. For instance, you can buy a custom photo frame. Their photo in the frame will make them happy for years to come.

3. Budget-Friendly Gifts

Whether you have a small business or a large one, you need to struggle to get the best value for your buck. So, you should consider giving the highest quality business gifts possible. However, it should not be a burden on your budget. For instance, you can opt for branded pens and A5 Elastic Notebooks.

4. Gifts for Executives

Before you buy gifts for executives, you need to find a balance between usability and functionality. You can choose something practical and elegant like a valet charging station. In other words, you can choose a classic leather valet that may function as a desktop organizer as well. Other gift ideas include a stress reliever.

5. Gifts for Travelers

For those of your employees who love to travel, you can buy them traveling bags of different sizes. As an alternative, you can choose a roll-up toiletry organizer as well. It will be quite useful for them.

6. Gifts for Retirement

If you are going to buy gifts for some of your most devoted employees who are going to retire, you can choose a wine gift set that may feature a foil cutter and a stainless steel opener. Your company name can be engraved on it.

7. Gifts for Economists

Since economists are analytical and practical, make sure you buy a gift that can reflect their nature. For instance, you can opt for a tablet combo zip portfolio. It may feature an audio cord, in-built microphone, and a few extra slots for other valuables.

8. Gifts for Newcomers

You can buy welcome gifts for them. For instance, you can choose a ceramic mug and write their names near the logo of your company.

9. Gifts for Technology Enthusiasts

For your team of tech enthusiasts, you can opt for a quality Qi wireless charger as it supports many phones including iOS and Android ones.

10. Gifts for Outdoor Enthusiasts

For these employees, you can choose from a lot of outdoor and camping items. For instance, it can be a picnic set that includes a wine opener, a cutting board, forks and knives, and zippered canvas.

So, these are 10 corporate gift ideas.

2020 And Beyond: Data Center Designs for the Future

The state of innovation, and the resurgence of technology disrupts has reached unprecedented levels. In the coming years, there will be a high rate of change, that will see the migration from legacy systems to new age ones. Such changes will redefine the very nature of how all aspects of technology interact with one another.

Core technology apart, there will be significant considerations given to environmental and business concerns. Energy efficiency will emerge as a dominant factor in decision making, and so will increasing data center densities and throughput.

Power independence: Increasing consumption and pressures on governments’ power supplies, have translated as risks for businesses vested in large data centers. For such businesses, mitigating this risk will focus on future proofing power supplies. Large consumer businesses such as Apple, Google, Amazon, Facebook and Microsoft have already adopted and achieved partial independence in their power supplies.

Privacy and data legalities: A heightened sensitivity to data security and privacy is steadily changing the dynamics of how businesses store their data. The penetration of cloud based services, and advances in user behaviour tracking, will only further it. Privacy norms and laws will now decide how and where data is stored. And, this will become only murkier with wide scale adoption of the internet of things (IoT) and its supporting infrastructure. Given this context, there is a significant possibility that most businesses would focus on core services, and leverage data centers either on-demand or with colocation providers.

Decentralized, edge centric deployments: Rising demand in services will require data centers to be ‘closer to consumption’. This will help nurture new age services such as streaming, IoT, among others. Such a deployment will help reduce latency, increase connectivity and bandwidth availability.

Localized nodes: Edge deployments could also see the shape of self-contained servers that could be deployed in urban areas – such deployments could leverage basements and terraces of buildings.

Convergence: An emerging trend is convergence of servers and storage into a single box. The availability of super fast memory express, and solid state drives, have enabled unified server-storage combinations.

Penetration of solid state drives: The penetration of solid state drive products has already reached critical mass in consumer tech. In the next few years, data centers will include adoption of such drives, and by 2020, bulk hard-drive boxes may have been completely replaced.

Docker containers: Docker containers help wrap software as ready to run code. These containers include everything that is required to run an application – anything that is required to be installed on a server. Such container instances have seen steady uptake, and are expected to increase. Docker containers will lead to a major reduction in server count and space.

In the coming years, IT admin teams will focus on procedures and policies, not on hardware. The nature of these changes will put immense pressures on legacy systems. There will be a paradigm shift that will see further commoditization of data center hardware, and focus on an economical, consumer centric and future ready design.

How to Make Money Online For Beginners – Step By Step Guide For 2020

In this article I will teach you how to make money online for beginners in 2020. This will be a step by step online money making guide that you can follow to achieve amazing results in your online business.

Here are the exact steps you need to take:

1.) Choose a niche. You’ll want to focus on the big niche topics that have lots of hungry buyers. In other words, if people aren’t buying products in the niche topic, don’t target those people.

Niche topics like internet marketing, affiliate marketing, pet care, home improvement, car repairs and insurance are great topics. They provide you with customers who are looking to buy products to solve their increasing daily problems.

If you can solve a problem, you can make as much money as you want online. I’m not kidding. This is the key to success online.

2.) Pick a product. Your product should have a residual commission or monthly recurring membership around it. This will increase your chances of making serious cash online. Choose a product that make you at least $25 per sale, or 75% commission monthly.

3.) Create a squeeze page. The purpose of the squeeze page is to offer something in exchange for your potential customers email address. This will allow you to follow up with them and even sell additional products online.

Make sure your squeeze page is very simple. An eye catching headline and a simple call to action to get the email is all you need. For example, if you are in the internet marketing niche topic, you could write “How to Create A Six Figure Internet Marketing Business From Scratch – Grab Your FREE Copy of Our Online Guide!”

This will give your visitor a reason for joining your newsletter. Make sure to offer quality training in exchange for their trust.

4.) Create an email marketing campaign. Write at least 7 follow up emails that will educate your potential client on how you can help them. These emails should offer tips, tricks and advice on how to solve the problem they have.

5.) Send emails to your list. Schedule daily emails to your list with some piece of content that they will LOVE. This is very important if you want to create a stable business on the internet.

6.) Scaling quickly. In order to scale your digital marketing business, you’ll need to take “Massive Action.” So keep a schedule in place for producing and distributing content to your ideal market.

SUMMARY OF SBA 7(a) LOAN GUARANTY PROGRAM (the PAYCHECK PROTECTION PROGRAM)

On March 27, 2020, the President signed into law the next phase of action being taken by the federal government aimed at providing financial relief to the American people and businesses in response to the economic fallout from the COVID-19 pandemic. This “thirdphase” piece of legislation is called the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act).

One of the core pieces of the CARES Act is the provision of $349 billion for small businesses through federally backed loans under a modified and expanded Small Business Administration (SBA) 7(a) loan guaranty program called the Paycheck Protection Program. Congress has designed the program to make funds available to qualifying businesses quickly through approved banks and nonbank lenders.

KEY POINTS:

· Under the CARES Act, qualifying businesses include businesses with up to 500 employees or which meet the applicable size standard for the industry as provided by the SBA’s existing regulations. Most small businesses will qualify.

· Loans will be provided through SBA and Treasury approved banks, credit unions, and some nonbank lenders.

· Borrowers can borrow 2.5 times their monthly payroll expenses (during the 1-year period before the loan is made (see page 18) ), up to $10 million.

· Applicable uses for the loan proceeds include: (1) qualified payroll costs; (2) rent; (3) utilities; (4) mortgage interest and other debt obligations; (5) group health care benefits including medical insurance premiums; (6) interest on any other debt obligations that were incurred before the covered period (February 15, 2020 and ending on June 30, 2020). (see page 10 re. covered period)

· Loan forgiveness is available for funds used to pay 8 weeks of payroll and other qualified expenses.

What Businesses Qualify For The Paycheck Protection Program?

Generally, any business in operation on February 1, 2020 with less than 500 employees is eligible.

What is the Maximum Loan Amount That a Business Can Receive Through the Paycheck Program?

Each business can receive the lesser of $10 million or the sum of 2.5 times the average total monthly payroll costs for the prior year.

What Can a Business Use Program Funds For?

Businesses can use funds from the Program loans to cover expenses including the following:

· Payroll costs, including compensation to employees that would include payments for severance, payments required for group healthcare benefits (including insurance premiums), retirement benefits, and state and local employment taxes.

· Interest payments on any mortgage or other debt obligations incurred before February 15, 2020 (but not any payment or prepayments of principal).

· Rent.

· Utilities.

However, the money cannot be used for compensation of individual employees, independent contractors, or sole proprietors in excess of an annual salary of $100,000; compensation of employees with a principal place of residence outside the U.S.; or leave wages covered by the Families First Coronavirus Response Act (H.R. 6201) that has already been passed and will be effective as of April 1, 2020.

How Are Loans Made Under This Program Different From Traditional 7(a) Loans?

Unlike traditional SBA 7(a) loans, no personal guarantee will be required to receive funds and no collateral needs to be pledged. Similarly, the CARES Act waives the requirement that a business show that it cannot obtain credit elsewhere. In lieu of these requirements, borrowers must certify that the loan is necessary due to the uncertainty of current economic conditions; that they will use the funds to retain workers, maintain payroll, or make lease, mortgage, and utility payments; and that they are not receiving duplicate funds from another lender for the same uses.

Payments of principal, interest, and fees will be deferred for at least 6 months, but not more than 1 year. Interest rates are capped at 4%. The SBA will not collect any yearly or guarantee fees for the loan, and all prepayment penalties are waived.

The SBA has no recourse against any borrower for non-payment of the loan, except where the borrower has used the loan proceeds for non-allowable purposes.

What Are The Loan Forgiveness Requirements?

Borrowers are eligible for loan forgiveness for 8 weeks commencing from origination date of the loan for payroll costs equal to the cost of maintaining payroll continuity during the covered period; (Note: Eligible payroll costs do not include annual compensation in excess of $100,000 for individual employees); payment of mortgage interest: rent; and utilities.

The amount of loan forgiveness may be reduced if the employer reduces the number of employees as compared to the prior year, or if the employer reduces the pay of any employee by more than 25% as of the last calendar quarter. Employers who rehire workers previously laid off as a result of the COVID-19 crisis will not be penalized for having a reduced payroll beginning February 15, 2020 and ending on June 30, 2020).

Borrowers must apply for loan forgiveness to their lenders by submitting required documentation and will receive a decision within 15 days. If a balance remains after the borrower receives loan forgiveness, the outstanding loan will have a maximum maturity date of 10 years after the application for loan forgiveness.

How Does A Business Apply For A Loan Under The Paycheck Protection Program?

We expect additional guidance from the SBA regarding how to apply for Program loans, including additional resources on the SBA website about how to find a qualified lender. Borrowers who have existing relationships with banking institutions may wish to contact these individuals to inquire about applying for loans under the Program.

Does The CARE Act Affect Any Other Loans Available to Small Businesses?

Yes. The maximum loan amount for an Express Loan is increased from $350,000 to $1 million.

The CARE Act also expands eligibility for borrowers applying for an Emergency Economic Injury Disaster Loan (EIDL) grant. Emergency Economic Injury Disaster Loans are available for most small businesses, sole proprietors, or independent contractors. Additionally, the Act waives requirements that (1) the borrower provide a personal guarantee for loans up to $200,000, (2) that the eligible business be in operation for one year prior to the disaster, and (3) that the borrower is unable to obtain credit elsewhere. The SBA is also empowered to approve applicants for small-dollar loans solely on the basis of their credit score or “alternative appropriate methods to determine an applicant’s ability to repay.”

What Are the Terms of an EIDL?

Up to $2 million

Interest Rates: Fixed at 3.75% for small business

Term: Term loans up to 30 years, structured with a 12-month principal and interest deferral

No prepayment penalty

Collateral: Required if the loan is over $25,000. Real estate is preferred but a loan will not be declined for lack of collateral. However, all available collateral will be required.

How Do You Apply for an EIDL?

EIDL’s are handled directly by the SBA. The business can submit either a paper or online application. The on-line application can be submitted at the following website: https://disasterloan.sba.gov/ela.

Additionally, the business can call the SBA Customer Service Center at 1-800-659-2955 or mail [email protected] for further information on the program or for details on submitting a paper application.

Most significantly, for borrowers seeking an immediate influx of funds, borrowers may receive a $10,000 emergency advance within three days after applying for an EIDL grant. If the application is denied, the applicant is not required to repay the $10,000 advance. Emergency advance funds can be used for payroll costs, increased material costs, rent or mortgage payments, or for repaying obligations that cannot be met due to revenue losses.

Borrowers may apply for an EIDL grant in addition to a loan under the Paycheck Protection Program, provided the loans are not used for the same purpose.

Is Relief Available For Businesses With Pre-existing SBA Loan?

Yes. The SBA will pay the principal, interest, and associated fees on certain pre-existing SBA loans for 6 months.

Conclusion

There are a lot of moving parts to the CARES Act and its SBA disaster relief programs which will continue to evolve with more clarity over time. Talk has already begun on Phase IV of stimulus relief due to COVID-19.