231 Front Street, Lahaina, HI 96761 808.123.4567

## What Is the Profit Potential From a Snow Cone Business?

Anyone who has ever been in business for very long knows that the most important numbers are not gross profit, but profit margin. You’re better off with \$5,000 in sales and \$4,000 in net profit than you are if you make \$100,000 in sales, but only \$3,000 in net profit. This difference is profit margin, and the snow cone business has a great profit margin because of the low overhead per product.

What’s the Profit Margin Math?

The snow cone business has huge profit margins, and because of that many people who buy shaved ice stands find they can make their initial investment back in less than a month…and sometimes much sooner! For any given snow cone you have very low overhead. A paper cup might cost 5 cents each when you buy in bulk, napkins are just under a penny each, while plastic spoons might be one and a half cents each.

Even with the syrup costs added in, the numbers still look very good. Prices vary based on whether you make your syrup from concentrate or buy it pre-mixed, but even then prices might range from 15-30 cents a snow cone at most. Add all of that up, and even if you only charged a dollar for shaved ice and had no up sells, you’d still make 65-70{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} profit. Very few businesses can say that.

Imagine doing \$200 of business in a few hours and knowing three fourths of that was going into your pocket, and that’s not including up sells, if you can charge more than a \$1 for a snow cone, or if you find a good deal in bulk buying and save even more in costs.

There are always ways to trim the numbers, as well. You can figure out good up sell products, find a good sale and buy in bulk to take down overhead even more, or maybe your location allows you to have higher prices. There are always ways to figure out how to make your business much more profitable overall.

So How Much Can I Pocket?

So what is the profit potential of a snow cone business? It depends on the sales numbers you’re looking at in your area, the foot traffic, and what prices you can charge. But the huge potential of the business comes from the high profit margin. How much can you charge per snow cone?

Even if you can only charge \$2 a snow cone, sell 100 in an hour at a little league game or 500 at a flea market, or even 1,000 during the day at a beach event and you’re looking at some really good days, especially when you’re pocketing well over 60{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} of the money as net profit. There aren’t many businesses where you can count on pocketing a hundred or several hundred dollars in cash for a few hours of work just a week after starting.

If you’re in an area where incomes and average prices allow you to charge even more, …

## Financing Car Parts – The Do’s and Dont’s

So you’re looking for some new car parts to compliment your cars appearance and attitude on the road. Great! You’re just like most people driving down the highway. In fact, most people take pride in their vehicles appearance and performance, and spend lots of money on extensive modifications. However, this can get costly.

Sadly, not everyone can feed their need for speed with their current salary. Thankfully, there are a few services out there that allow you to pay for your purchases over time. This can be convenient for emergency repairs such as blown head gaskets, transmission failure, or other catastrophic failure that requires a fast repair, allowing you to get back on the road. These services can also be used to purchase parts that aren’t necessarily an emergency, but still desired by the owner.

I’ve found a few car part financing options, and I’ll provide some information about them in hopes of informing you to make the right decision if you see yourself in a situation requiring you to finance car parts.

PayPal Credit – PayPal credit, formerly known as BillMeLater has been around since 2000. Users sign up for free, submit information for a credit check, and can begin making purchases if approved for an account. Payment terms are typically set in increments over six months or until the total cost is paid off. If the total is not fully paid off after the six month period, an interest rate of 19.99{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} is applied in the form of a late fee. If considering using PayPal Credit, keep in mind the payment terms and be wary of the high interest rate. PayPal Credit is a good option for financing car parts since it is used by many e-commerce sites who typically have lower prices than many brick and mortar establishments.

CarCareONE – CarCareONE is a car part finance service which works very similar to a credit card. Run by Synchrony Financial which has been around since the 1930’s, CarCarONE allows to you make monthly payments on routine maintenance, trips to the gas station, and emergency repairs with moderately low interest. Furthermore, no interest is applied to your purchases if they’re paid off within 6 months. To sign up, you must apply and consent to a background and credit check before making purchases. CarCareOne is great for emergency purchases as it is accepted at more than 16,000 establishments nationwide, but keep in mind the high interest rates if not paid off with the first 6 months.

Affirm – Affirm is a relatively new way to finance car parts, but offers the most leniency on credit. Just like PayPal Credit, Affirm offers a line of credit for users to spend on purchases. However, this line of credit is not fixed, rather underwritten depending on the amount and the merchant purchased from. Affirm applies small finance charges with each payment, so you risk paying more over time if you decide to split your purchase into multiple payments, but the rates are generally …

## Book Review: Money Without Matrimony

MONEY WITHOUT MATRIMONY: The Unmarried Couples Guide to Financial Security, Sheryl Garrett and Debra Neiman, Dearborn Trade Publishing. Paperback \$21.95 (248p) ISBN 1-4195-0688-9)

## Foreign Capital

INTERNATIONAL CAPITAL MOVEMENTS

International Economics or international business has two parts – International trade and International Capital. International capital (or international finance) studies the flow of capital across international financial markets, and the effects of these movements on exchange rates. International capital plays a crucial role in an open economy. In this era of liberalization and globalization, the flows of international capital (including intellectual capital) are diverse and diverse across countries. Finance and technology (eg internet) have gained more mobility as factors of production especially through the multinational corporations (MNCs). Foreign investments are increasing significantly even for the emerging economies like India. This is in-keeping with the trend of international economic integration. A Peter Drucker rightly says, "Increasingly world investment rather than world trade will be driving the international economy". Therefore, a study of international capital movements is much rewarding both theoretically and practically.

Meaning of International Capital
International capital flows are the financial side of international trade. Gross international capital flows = international credit flows + international debt flows. It is the acquisition or sale of assets, financial or real, across international barriers measured in the financial account of the balance of payments.

Types of International Capital
International capital flows have through direct and indirect channels. The main types of international capital are: (1) Foreign Direct Investment (2) Foreign Portfolio Investment (3) Official Flows, and (4) Commercial Loans. These are explained below.

Foreign Direct Investment
Foreign direct investment (FDI) refers to investment made by foreigner (s) in another country where the investor holds control over the investment, ie the investor obtains a lasting interest in an enterprise in another country. Most concretely, it may take the form of buying or constructing a factory in a foreign country or adding improvements to such a facility, in the form of property, plants, or equipment. Thus, FDI may take the form of a subsidiary or purchase of stocks of a foreign company or starting a joint venture abroad. The main feature of FDI is that 'investment' and 'management' go together. An investor's earnings on FDI take the form of profits such as dividends, retained earnings, management fees and royalty payments.

According to the United Nations Conference on Trade and Development (UNCTAD), the global expansion of FDI is currently being driven by over 64,000 transnational corporations with more than 800,000 foreign affiliates, generating 53 million jobs.

Various factors determine FDI – rate of return on foreign capital, risk, market size, economies of scale, product cycle, degree of competition, exchange rate mechanism / controls (eg restrictions on repatriations), tax and investment policies, trade polices and barriers If any) and so on.

The advantages of FDI are as follows.
1. It supplements the meagre domestic capital available for investment and helps set up productive enterprises.
2. It creates employment opportunities in diverse industries.
3. It boosts domestic production as it generally comes in a package – money, technology etc.
4. It increases world output.
5. It ensures rapid industrialization and modernisation especially through R & …

## How to Start a Walking Business

Starting a hiking or walking tour business can be fairly simple, and it offers many benefits to business owners. You do not have to live near a National Park or tourist attraction to make this business work. In fact, there may be multiple hiking or walking business location opportunities right under your nose – and there may be virtually no competition!

There are also other benefits that a walking or hiking business provide, such as exercise, weight loss, social activity, animal watching or simply getting an escape from a daily routine. If any or all of these activities interest you, this may be your ideal career.

At first glance, a walking business might appear to have little opportunity with a small customer base. But think again. In a hiking business, you have opportunities to lead different types of one-day trips and even expand to week-long hiking adventures to remote locations. There is not just one target market, either. You can center your business around a certain level of hiker – from beginner to advanced. In addition, whiles some people enjoy occasional hiking trips, other hiking enthusiasts want to join a regular hiking club that meets weekly or several times a week.

Another factor to think about when you start your business is location. The sky is almost the limit. You can opt to conduct hikes or tours in one area, or you can add variety to your work schedule by exploring new areas. You can lead hiking or walking tours in cities, states or even countries. You may even want to package the hikes or walks as organized group trips – with travel and accommodations included.

As expected, the ideal person to operate a hiking or walking business enjoys the company of other people, meeting new people, spending time outdoors and exercising on a routine basis. When working with groups of people from different backgrounds, having patience and flexibility will make the job easier. If you like teaching, that is an added bonus.

Do not forget your competition. Are there other businesses in your area offering the same or similar service? Ideally, you want to lead hiking or walking tours where you do not have to worry about several other companies competing for the same customers. Less competition makes getting customers much easier.

If there is substantial competition with other hiking or walking groups nearby, consider differentiating your hikes or tours. Sometimes you can lessen or even eliminate competition simply by focusing on a different market like seniors, families with small children or people who want to lose weight.

When it comes to promoting your walks or hikes, you will use different marketing strategies depending upon whether your prospects are local or from out-of-town. Start by printing informational brochures and hiking schedules. Leave some at your city or county visitor center, chamber of commerce or parks and recreation office. City libraries, cafes and community colleges sometimes allow brochures and flyers to be displayed, and they usually attract lots of people …

## Crude Oil Business – Why Most Facilitators Never Make It

There is no doubt crude oil business is a very lucrative business, you do not have to be rich to facilitate a deal. All you need is a genuine buyer and a genuine seller. It has become very difficult for buyers to meet genuine sellers and vice versa, this is due to the fact that there are many fraud perpetrators out there trying to leakage on the information they have to brisk money out of innocent buyers. This has increased the doubt of genuine buyers of Nigerian crude, it has forced them to think of every Nigerian who tries to facilitate a deal as a potential fraudster. When these foreign prospects try to negotiate a deal, they become stiff in their bargains and would rather want the seller to work with their own procedures. The issue of the seller putting forward a 2{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} performance bond first comes into play, the buyer would have the seller raise a bond first and the seller on the other hand would rather want the buyer to raise a proof of fund in the form of MT 799, Letter of Credit, Bank Guarantee, MT 103.

The facilitator plays a major role in negotiating a crude oil deal in the sense that he serves as the middle man. It is not easy being a facilitator, you need to have a convincing power, you have to be clear in your understanding of the business, and you should be able to give the seller mandate every bit of information needed whether via telephone or email. The reasons why most facilitators do not make it and get frustrated is not far fetched.

Long Chains: This is always a problem which limits most facilitators, when there are too many people standing as facilitators before the mandate, it posses a whole lot of problem in the sense that distribution of information is slow. A buyer might need a product and require information, but because the facilitator has to go through many hands before getting the information, it makes the buyer loose trust.

Commission splitting becomes a big problem as most of these facilitators are frustrated and motivated by greed, the issue of which group takes how much sets into play and they come to no reasonable conclusion leading to waste of time and resources. Some buyers do not like the issue of presenting an SPA with too many account details on it, they prefer only one paymaster; Since no deal because there are many groups involved in it and they all have different account details. The greed of facilitators make this business arduous, sometimes a facilitator may claim to be working with some other group of facilitators that do not exist. The account details which is supposedly meant for the other group they claim belong to them or some colleagues of the heads, this makes it tiring.

Another point to note is this, before you proceed on any deal; Ask your contact what he stands for (Facilitator or Mandate). If he …

Marriage is an exciting step in most people’s lives, and with it comes both great joy and great responsibility. There are ten questions every couple should ask themselves before getting married to determine whether or not they are really ready to take this step.

1. Why do you want to get married? Some may want to get married for financial security or to avoid loneliness, due to an unexpected pregnancy, or to start a family. Others may choose to get married simply because they love one another. Neither financial nor emotional security is a good reason for marriage, and love alone will not keep a marriage alive for decade after decade.

2. Is your partner trustworthy? Are you? A strong marriage requires a great deal of trust from both parties. Partners must be able to trust one another with the finances, to help with the chores, to parent cooperatively (if children are involved), and – of course – not to cheat. If either partner has a history of violating the trust of the other or even breaking the trust of a former partner, it could lay a foundation for future trust issues in the marriage.

3. Is the past in the past… and have you both learned from it? Past relationships, past mistakes, and even childhood grief and family traumas can haunt people into their adulthood. If these issues are not properly faced and appropriately dealt with, they could emerge at a later date and create disharmony in the marriage.

4. Are you planning a wedding or a marriage? Women in particular, but men too, often become so preoccupied with planning the wedding they may forget that a marriage comes after the wedding and lasts (ideally) far longer. A couple can work towards the wedding they want, but it is important that they not forget the marriage they need.

5. Are you feeling social pressure to get married or settle down? Parents and grandparents may pressure a young couple to settle down, and as their friends and siblings all begin to pair off and get engaged or married, it can seem like the natural next step for them, too. Societal pressure, however, is never a good reason to get engaged or married.

6. Do you share similar goals for your lives? Common wisdom tells couples that “opposites attract,” but science shows that compatible couples have more staying power. A couple need not share all the same interests, but if they share common goals for their lives and have similar ideals, they have a better chance of making it long-term than couples who have less in common.

7. How do you handle conflict? Fighting fairly is a critical component of happy couples. If a couple is unable to fight without name-calling, sarcasm, or bitter accusations, they probably should not discuss marriage just yet.

8. Are your finances in order? It is not a romantic question, but it is an important one. Money, or the lack of money, can be a cause …

## Taking Over Or Starting A Trophy Business

Although the world is turning digital all around us there are some things that cannot really be replaced by a digital counterpart and the trophy retail business is an example of one such business. Trophies for sporting, academic and business excellence are a traditional constant in western society and they continue to be used just as they were in the past. People thinking of entering the trophy business need to build up or acquire a reliable client base consisting of academic organizations, sporting clubs and businesses, for which they provide and inscribe their annual or occasional awards.

The promotion of the business through advertising will help to build up the existing client base and attract new customers from the general public for items like christening mugs, 21st goblets and wedding and anniversary plaques. In the past trophy businesses offered simple plaques, medals and figurine trophies, but advancing technologies have allowed the introduction of innovative ideas for awards to include crystal, marble, glass, wood and composites, providing a wider range of options for customers and including environmentally friendly materials. There are some sidelines that you can include like display cases and a design service. You can have display cases built to customer’s specs, for single awards or for collections of awards. Desk awards, fashioned as business card holders or stationary caddies are examples of additional sidelines that can be marketed to the business world and also sold online. Always keep a good range of items on display in your shop for customers that need a trophy or award today.

Sporting clubs are one of the major purchasers of cups, trophies and plaques for awards so it is a good idea to contact all the local sporting clubs in your area when you take over your business, announcing that the business is now in new hands. Annual meetings with existing clients are recommended to keep up with changing trends, giving the opportunity for the business to show off new lines and advertise specials.

Every trophy business needs to have reliable suppliers, so you should conduct extensive research to find several wholesalers to supply the products you wish to market to your clientele. A wide range of choices is always attractive to prospective buyers whatever market you are catering for, so ensure that you locate wholesalers with quality merchandise and a reliable delivery service.

A trophy business usually includes an engraving and etching machine which is fully computerized and can handle a range of font styles and sizes and does not require special design skills. Available fonts and styles can be printed out on paper for display in the shop and in your brochures. A display of available trophies is also important both in catalog form and on the shelf examples. Trophies and plaques should be available in budget designs as well as higher quality designs so as to serve the needs of a range of budgets. Gold and silver plated products should always be available providing that high end quality choice.

Every …

## Tony Robbins CANI! System Explained

“CANI” stands for Constant And Never-ending Improvement. It’s an acronym that Tony developed more than a decade ago and he was influenced by Dr. W. Edwards Deming. Dr. Deming is credited as one of the leaders who brought one of the first quality movements to the Japanese. His basic premise was that the secret to help the Japanese achieve world power and economic success was if every single person and organization commit to constant improvement.

The Japanese have a single word for “constant and never-ending improvement” and it’s called “Kaizen.” Kaizen is from the Japanese words Kai and Zen where “kai” means change and “zen” means good. Yes folks, change is good.

According to Robbins from his Lessons in Mastery series, he didn’t want to embrace the word “Kaizen” because it was a Japanese word and after-all, Dr. Deming was an “American…” therefore it was only proper to create an American word that meant the same as Kaizen. Transformational vocabulary is an important component to the tenets that Robbins teaches, so you can probably understand why Tony wanted to create a brand or a name for the association.

It is very easy to get caught up in your goals and desired end-outcomes…to the point of becoming overwhelmed. CANI offers a solution and a point of reference to focus your attention on. If all you did was improve one tiny aspect of your life every single day, you would achieve mastery in uncommon time.

Benefits of CANI include:

• Creates a personal and business momentum that will be hard for your competitors to catch up with.
• Personal satisfaction and fulfillment because it will cause you to grow personally.
• Leads to innovation. Innovation creates leverage.

Tony Robbins once said, “We only learn our limits by going beyond them.” CANI! is a principle designed to encourage you to make small incremental improvements daily…and in doing so, you will be forced to find a way to go beyond your current set of self-imposed limitations.

Which areas of your life do you want to apply the principles of CANI! Today?

o Prosperity & Financial

o Family Relationships

o Friendship Building

o Health & Fitness

o Spirituality

o Recreation & Pleasure/Joy

o Public Service/Volunteering

If you define your success as a “journey” rather than an end-destination, you can take comfort in the fact that personal growth and satisfaction can come from constant and never-ending improvement (CANI!).…

In our last Atlanta Mastermind meeting, our main topic centered on creating an operations manual for our real estate business like the one described in the book "The E-Myth" by Michael Gerber. I know the first question you may be asking is "How in the heck can an Operations Manual help me in Real Estate"?

Here are the general steps we talked about in our mastermind meeting, to set up an operations manual for our businesses.

Step 1: Write down all the things you do in your real estate business.
1. Answer phone calls from prospective tenants
2. Coordinate repairs
3. Look for future real estate deals
4. Collect rent checks
5. Coordinate evictions
6. Pay bills
7. Drive around and check on properties
8. Place classified ads on http://www.craigslist.com/ and other publications
9. Show apartments to potential tenants.

Step 2: Break the list down into different categories.
1. Marketing
2. Property Management
3. Repairs
4. Accounting
5. Legal-Evictions
6. Find Deals

Step 3: Each of those categories gets its own page, and your job is to copy all of the activities from Step 1 under the appropriate category headings.
1. Marketing: order and put our "For Rent" signs, input listing into Craigslist.com, answer phone calls to potential renters and provide info, show apartments.
2. Property management: inspect apartments, check on recent repairs, etc.
3. Repeat

Step 4: Put the pages into a three ring binder with tabs for each category and a table of contents. This will be your new Operations Manual.

Step 5: Next go to the first tab and for each item under it create a new page with that "Action" as a heading.
1. Marketing
2. Property Management
3. Repairs
4. Accounting
5. Legal-Evictions
6. Find Deals

Step 6: Now, take each "action" page and detail exactly how you want each item done.
1. Marketing: order and put our "For Rent" signs, input listing into Craigslist.com, answer phone calls to potential renters and provide info, show apartments.
2. Repeat

Step 7: Add any forms, details, phone dialogues, or checklist that you may have to complete each action item.
The Operations Manual is one of the core building blocks for a …