Cash Archives - TODAY INDIA

Gary Fritts Easy Web Cash System Review – Scam or Legit?

So, you want to make money on the internet? Many jump in unprepared for what can follow. I took the plunge recently and was excited to start but things quickly turned sour.

Now, I have nothing against the Easy WebCash System, except – where did the author go? It seems he quickly disappeared and the website for all the members became disabled with no communication from the author or site developer.

I took the plunge about a month ago. The site was very well designed and called the Easy WebCash System. Since it was only $37, it wasn’t much to risk. Heck, I’ve lost over $10,000 in the stock market, so what’s another $37?

When you signed up for the system, you were automatically given a duplicate website and authorization to promote the product. The product was the opportunity plus 10 or more downloadable products, such as ebooks and software.

After making several sales on Craigslist.org (free ad site), I noticed that when I clicked on my link it responded as unavailable. With further research and several phone calls from other members, I quickly realized that Paypal had shut the site down for terms of service reasons. It has been over 3 weeks now, and I still see some advertising it, but when I click on their links – it’s still down.

One thing that confused me when getting started with this program is that the author received nothing. It seems that the members pocketed the whole $37. He mentioned that he was just trying to get his name out there. That was one issue that confused me at the beginning.

Lesson learned, opportunities come and go. Case in point, how many network marketing companies have gone under, probably 90% or more.

Well, I started on another venture. It is priced at $50 and offers about $10,000 worth (175+) products, so it is a much better value. The owner on this site gets $27.75 for a one time web site charge, so he has vested interest in keeping it live. This program is called the Stealth Money Maker. The site is a little better designed and offers much more. You can visit this site by clicking on the link below.

I just advertise this site on free sites such as, Craigslist.org, Backpage.com, and Kijiji.com.

Good luck in your internet venture. It’s exciting to wake up to cash in your account in the morning.

Cash Management – How to Prepare Daily Cash Position Report – Part 2

If your company maintained 2 or 3 banks for payment processing, we have to modify a little bit of the technique so that we can control effectively all the bank’s accounts and at the same time manage to earn extra income by carefully invest surplus fund in short term investment. Lets assume that your company has 3 bank accounts and we name it as Bank A, Bank B and Bank C. We should choose one bank as your major bank where you pool all your cash in that bank. Let’s assume that our major bank is Bank B. That means all your major collections must be deposited into this bank account. Your major payment which comprise big amount such as subcontractors and salary payment must also from this cash pool account.

Any payment prepared which is small in amount but the rate of recurrence is high such as utilities bills payment, petty cash reimbursement, staff claim and other payment should be prepared by using Bank A. We will deposited the incoming cheques into Bank A with more or less the same amount of cheques prepared so that the account balance in Bank A is always in ideal balance.

If we have specific payment pattern for the month, for example we only pay for our suppliers and workshop every 25th of the month, then we use Bank C for our cheque payment. Here we use ZBA technique which means Zero Balance Accounts technique where we will only transfer fund from our cash pool account which is Bank B to Bank C only once a month. That means there is no extra cash in Bank C, which means we have pool all extra cash in Bank B for our short term investment purposes. I will explain further the topic of short term investment when we reach to that topic soon.

All the suggested techniques above looks complicated but the reason behind that is we manage to prepare daily cash position more faster and accurate without spending your time to figure out the serial number for every categories if we use one bank only. From our example above, you will notice that bank A is for bills payment, staff claims and other payment. That means you only have to identify 3 series of serial cheque numbers for the payment using Bank A. Bank B only has 2 payments which is subcontractors and salary while Bank C meant for suppliers and workshop payment. The second reason of doing that is to avoid idle balance in Bank A and Bank C which do not earn any interest income. All our income has been pooled in Bank B where we can place short term investment placement from tenor of overnight to one week.

To reach our bank balance for that day, we just calculate by simply using simple arithmetic which is Opening Balance + Incoming Cheques – Payment made = Closing Balance. When place all the bank column side by side, we manage to get the total closing balance when we total up Bank A,Bank B and Bank C closing balance. This is what I call the cash dashboard where we can see all our bank balance with only one glance. Of course it is not complete yet because we still have not taken into consideration the available balance and cash & cash equivalent figure. I will explain in depth all this terminology later.

Understanding the Cash Only Medical Practice Market

With today’s medical environment so reliant on complicated insurance company regulations and intricate billing procedures, many physicians are looking for niche medical practices that will allow them to maintain their income standards while decreasing their paperwork at the same time. One such niche is a cash only medical practice, which is basically a medical office that does not maintain contracts with insurance companies and instead requires patients to pay cash for medical services rendered. Ending your contracts with insurance companies and building a successful cash only medical practice will likely take some time, and many physicians decide that they need to have a gradual changeover rather than an overnight exchange from an insurance pay to cash pay medical practice. If a cash pay medical practice sounds like it may be the type of office you would like to run, it may be time for you to begin doing some market research to find out if your practice has the potential to be successful:

* What is the condition of your local market? Does your local community have a large number of uninsured or affluent patients? If you do run a medical practice in an affluent community, you may be able to establish a large panel of patients-even patients with insurance-that is willing to pay cash for high quality, efficient medical care. On the other hand, if your local community has a lot of middle or lower-income residents with HMO plans, which do not give any out-of-network benefits, you may find that you have difficulty building a cash-only practice.

* Would your current patients be willing to transition to a cash pay medical practice? It is a good idea to survey your current panel of patients to find out if they would be willing to continue using your medical services if you were to change to a cash only medical practice.

* Should you continue your contracts with the more lucrative insurance companies? Not all insurance companies negotiate unappealing prices with their contracting physicians, and not every insurance firm has unreasonable paperwork requirements. You may choose to work with two or three specific insurers, while asking that patients who do not use these companies pay cash for medical services. It is your medical practice, which means you can choose whom you contract with.

* Which medical services will you provide, and how much will you charge for them? Some physicians find that they are able to see fewer patients with a cash pay medical practice, and they also discover that they are able to focus on the particular medical services that they enjoy. Perhaps you decide to focus on acute medical care rather than chronic ailments, or maybe you will choose to perform fewer diagnostic tests. Whichever services you decide to offer your cash only patients, deciding how much to charge for them will take some research. Ask other physicians, particularly other cash only physicians, in your area how much they charge; there is nothing unethical about doing this as long as there is no discussion about setting collective rates. You may also want to take into account how much your cash pay medical practice will need to net in order for you to cover your overhead expenses.

Brilliant Business Ideas: Turn Useless By-Products Into Cash

Anybody who is looking for brilliant business ideas needs to study the life of a man called Henry Ford, the founder of the Ford Motor Corporation.

In case you don’t know who this man is, Henry Ford was the inventor of the Ford Model T – the first mass-produced automobile in the world. The man literally invented the assembly line which is used in industries all over the world today. The assembly line invention was significant because it enabled Ford to increase production and produce many more cars than before.

But what I want to focus this post on was another business he was involved in which very few people took interest in. This business genius took the wood scraps that were left over from the production of his Model T’s and turned them into charcoal briquettes (used in cooking and heating).

This “side venture” (built off of by-products) became so profitable that he built a separate charcoal plant and founded the Ford Charcoal Company, which was later renamed Kingsford.

There are obvious by-products or waste that are generated by many enterprises. To give an example, there is saw dust which is generated by sawmills. This can be put to a lot of profitable use. For instance it can manufacture particleboard and even fireplace logs.

It is said that every art of creation has a byproduct which means that whatever business you are doing or want to do is sure to generate “waste” which is actually a byproduct that you can turn into huge profits.

A few of the brilliant business start-up ideas in my book involve making huge profits from byproducts and they don’t have to be your own byproducts. I hope that gets you thinking in the right direction.

But let me tell you another true story from right here in Kenya about a company that made huge profits from the waste it was generating.

Everybody knows about Nation newspapers. The company publishes the highest circulating daily newspaper in the region. A few years ago they had a serious problem. The price of oil, as always was on the rise and the cost of distributing their newspapers was growing alarmingly. The waste they generated was the extra space in the huge pick up vans that remained when the newspapers were packed to be delivered to various towns and destinations. There was even more “waste” when the van came back from delivering the newspapers virtually empty. What a waste.

And so they devised a way to turn the “waste” or by-product into huge sums of money. They launched a courier service to deliver letters and packages all over the country. They called the company Nation couriers. Immediately they had a huge advantage because newspapers are delivered daily and they usually have a very tight delivery schedule because daily newspapers are perishable products that must be delivered on time. Today’s newspaper cannot be sold tomorrow. It has to be sold today and preferably early in the day. And so Nation courier could promise it’s customers that the package will reach it’s destination without fail the next morning.

This brand new overnight courier service created from a “waste product” has made huge profits for the Nation media group and also makes their newspaper delivery very efficient.

Take a closer look around you.

What is being wasted?

Can you turn it into profits?

Small Business Advertising Ideas: The Top 1% Of All Small Business Advertising Ideas Bring You Cash

Guess what, if you are searching passionately for proven small business advertising ideas, you could not be in a better place.

The mighty Google that you know and love has very much come out and revealed that local search will eventually be the biggest revenue stream for them.

That is a massive statement. And it means that if you are not putting into place even a small business SEO campaign that features your top keywords based on location, you are handing money to your local competitors. Pity.

Knowing that momentum is coming, it is your job to jump on board. And one of the best and fastest ways to do that is to start am article marketing process that features your top, localized keywords.

A whopping 70% of all clicks on any given Google page are being gotten by the top four spots on that page. Everything after the bottom of Google page one is useless, but can you imagine that 70% of all the organic clicks are going only to those top 4 spots?

Now, if you also knew that a man by the name of Bill Gates saw local search coming and predicted the demise of the Yellow Pages industry, how would that factor in?

Gates knew. Google knows. Local small business search is where it is at and where it will stay. So you need to find the best way in.

So how best to approach this? One of the top, most affordable small business SEO methods out there is article marketing. But this is article marketing done perfectly, creating tens of thousands of in-pointing links from quality sites that feature your localized keywords.

With all of those links out there, all using your local keywords, your web page will not so slowly assume one of those top 4 spots for that keyword. It is a simple yet amazing SEO game that’s played by the best small business SEO services companies.

Honestly, of all the small business advertising ideas out there, this is one that you can bank on.

It is not easy to find an article marketing services company that will start with your best keywords and publish them in mass and then publish them and then point to those articles. But that is what you must demand.

The real factor here is that all of those articles mean not a thing to you if they do not get found.