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Home Stagers an Investment in Your Future is Good Debt
Written by: Debra GouldArticle Overview: The Staging Diva®, helps aspiring home stagers determine where to invest their dollars considering the current economy.
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Free Download - Staging Diva Graduate Demonstrates Importance of Sticking to It By Debra Gould |
Home Stagers an Investment in Your Future is Good Debt
When you aspire to be a successful home stager, drowning in debt is not a good place to be.
You should only borrow money to pay for things that will help you make money. In other words, borrow only to invest in your success.
You already know that it’s not a good idea to drown yourself in debt, but when you borrow money to improve your future, it is not a debt so much as an investment.
• Invest in your education. Your education is worth investing in because it can help boost your future income. If you need more information to help you become successful, it’s worth investing in that rather than wasting months, if not years, trying to figure it all out on your own.
• Invest in marketing your home staging business. No matter how talented you are as a home stager, if potential clients don’t know about you, you will never have a business.
• Invest in buying or leasing a vehicle if you don’t already have one. As a home stager, you’ll need to be able to get to and from your clients and suppliers.
• Invest in a home that’s within your means now and that will continue to be affordable in the future, even if your mortgage interest rate eventually goes up. You need a roof over your head, and you don’t want to continue pouring rent money down the drain. When the market rebounds, you’ll see a return on your real estate investment.
Why Home Stagers Don’t Need to Provide Furniture Rentals – Part 2
Why Home Stagers Don’t Need to Provide Furniture Rentals – Part 1
No One Needs to Know You’re a Part-Time Home Stager
Home Staging Marketing Tactics That Will Put You Out of Business – Pt. 3
Staging Diva Announces Resource To Help Stagers Effortlessly Promote Their Services
Article Tags: drowning in debt, education, home stager, home staging business, leasing a vehicle, money down, mortgage interest rate, real estate investment
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About the Author: Debra Gould RSS for Debra's articles - Visit Debra's website  Click here to visit Debra's website   How to approach owners of FSBO properties about home staging Home Based Business Owners Dont Need to Advertise Their Home Address A Home Staging Professional Needs Confident Image Home Staging Offers Job Security Home Stagers Social Media Isnt Just For Kids |
Related Forum Posts
How to valuate a business
- Hi Garth - here is how we did it at Northern Crown Capital when I was helping them raise venture capital for Toronto-based entrepreneurs. Assume the start date is 2003 so 2008 projections are 5 years out:
How Northern Crown Capital Valuates a Business
2008 Financial Projections
Earnings Before Tax
$5,865,000
Tax Rate
42%
Taxes
$2,463,300
Net Earnings
$3,401,700
Amount Seeking to Raise Today
$3,500,000
Discounted Value of Future Opportunity, 5 Years Out
2008 P/E Ratio
15
Value of Company in 2008
$51,025,500
Discount Rate Applied
30%
Year 2008
$51,025,500
Year 2007
$35,717,850
Year 2006
$25,002,495
Year 2005
$17,501,747
Year 2004
$12,251,223
Value of Company at Investment in 2003
$12,251,223
Less: Investment Amount
$3,500,000
Present Value
$8,751,223
Discount for Risk & Private Company
40%
Less: Discount for Risk & Private Company
$3,500,489
Private Company Value
$5,250,734
Present Value (What the Owner Keeps)
$5,250,734
60.00%
Financing (What the Investor Gets)
$3,500,000
40.00%
Total
$8,750,734
100.00%
I hope this helps!
Investment Advisors vs Faciltators
- Investment advisors provide advise to investors on public companies or investments. Leadsco is a telemarketing company for advisors - providing leads.
Investment advisors will not put you in touch with investors. Violates compliance regulations.
Facilitators are the best way to help you with strategy and offering for private investors or venture capital.
Future Financial Corporation
- I've never heard of Future Financial Corporation
is this a new company?
Which kind of industries are you interested in?
- Ecological or E-business or Investment or Finance or Management or Non-Profit or Retailer or others.
Re: Trade Shows - Are They Worth It?
- HI,
I have used trade shows (not participated) to collect potential clients. For example, the Home & Garden Industry is extremely behind the time in regards to their websites. I attended an Home & Garden Expo in Denver and collected all the companies contact information. I plan on cold calling & mailing information to each business.
It also gave me time to research the industry more, talk directly to the owners in many cases, and learn more about what they need.
Jeff
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