Wednesday, April 08, 2009

April 09 3ML Briefcase

ARTICLES for BUSINESS and MANAGEMENT
Below you will find summaries from the unique 3ML Briefcase. Over the first 2 weeks of every month, summaries for all 32 articles appearing in the current month’s online magazine are presented. Articles rotate every day with 4 new articles appearing in the respective subject areas (leadership, business and management, marketing and productivity). Click here to go to the 3 Minute Learning home page.
While you are visiting the 3 Minute Learning, check out the new 3ML Store where you will find business and leadership books along with electronics and entertainment. Also on the home page, view all the new entertainment videos; news, sports and business videos; and special feature articles. This content is refreshed on a daily basis.
Internet Fraud
Scott Burke
Taking transactions over the Internet can be profitable but it can also bankrupt a small business. Accepting online transactions means accepting additional responsibilities as a merchant. These responsibilities include knowing and understanding your risk exposure and your liabilities.
One positive for your business is while giving your customer what they want you retain a portion of each sale through the affiliate revenue program. Isn't that better than sending customers away to find what they need on their own? This scenario is a positive way to use an affiliate revenue program.
You may be offering a guarantee, but nervously. What if a bunch of your clients ask for their money back? Sluuurrrrrpppp... there goes your business, down the drain. What makes a guarantee safe for you? It helps to understand that very few people ever call in a guarantee. Why don't they?
When you were in high school there was a list of things your teachers and parents told you to do to create good study habits. These three keys to starting a successful business are very similar, but in a new way. With these three things you can begin to build your success from the comfort of your home but still maintain a certain amount of professional attitude that is necessary for starting a business.
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