Anybody can start a small, small business by just rooting through their garage to find some collectibles, and then posting those items on an auction site. This is a good way to make a little extra money, and do it sort of “under the radar”, where you’re not really running a business so much as just supplementing your income on the side. But, if you want to build a real business, if you want to make a living on it, if you want to be financially independent, you need to build a legitimate home based business.There really is a big difference between making some extra money on the side, and building a real business that you can use to build real wealth. Maybe, just maybe, you can JUST squeak by selling some stuff on auction sites and making sure you’re not making enough to interest the IRS, but it’s not a safe bet. If you want to make a living with your own business, there are three things you need to learn…Liability and LegalityYou need to know everything there is to know about liability and legality in relation to small (and large) businesses. You need to know what sort of licenses and permits you’ll need based on how much money and inventory you’re moving around or based on what sort of services you’re offering. You need to know all about legality and liability in terms of what’s legal in what state. Maybe you sell exotic fantasy weapons, well, that’s not legal in every state, so do your research.TaxationYou’re going to be paying business tax, sales tax, and self employment tax, and those are just the taxes you KNOW you’re going to have to pay. That might not be all there is to it. Depending on what you’re selling, you may have to pay a broad range of other taxes as well. As a general rule of thumb: If you’re making enough to pay for your groceries with your business income alone, you can’t fly under the tax radar any longer.ExpansionWhenever you take the next step, take it carefully. Every single move towards expansion will need to be coupled with a whole new gauntlet of reeducation, research and paperwork. Nobody said it was easy. But, it CAN be easy once you get the education you need in order to do everything on the up and up. In the internet age, the big investment you make in your small business isn’t money, but time.One Final ThingYou should probably take a moment to consider actually learning how business works in a real, academic setting… Now, this doesn’t mean going and getting a bachelor’s degree after several years in a business academy, but you might want to consider getting some guidance through an online course or a seminar in driving distance. Just be on the lookout for scams. Basic rule of thumb here: If they promise you’ll get rich quick, you won’t. If they promise you can become financially independent through lots of hard work and smart investing, you will.Find out about the benefits and advantages of starting your own home based business today! When you begin your legitimate home based business you will start generating an income quickly!

If you want to go into business for yourself, try affiliate marketing as a home based business idea. Having a business from home will give you more money for your family to survive on and pull you ahead of the tough times. Use your home based business so you can earn extra money when you need it and saving up for the important things, like a car, house or paying off your credit card debt. Try out these affiliate marketing business ideas.One of the best ways to start this affiliate marketing venture is using ClickBank. You will be amazed at the products and services you can sell without ever touching them because you don’t have any inventory. ClickBank fulfills the product order.You simply to need sign up or register to start your ClickBank account as a business you operate from home. Then, take a look around and see what you would like to sell. Read each person’s rules on selling the products and how much commission you can make selling their product for them.Agree with one or more people to sell their products and you will be provided links. To have a home based business usually you need a website to advertise and sell your products. But, you do not own the products. So, start a blog and have it designed as a niche market site that provides information closely related to the products you are trying to market.Maybe you like fishing. Talk about your passion about fishing as a home based business idea. Go with ideas you know. One day talk about fishing lures and provide your affiliate link about this great lure you have tried and they need to try it to. Boom! Your reader has just turned into a potential customer as they are clicking the link and finding out more about the product. They like it, they buy it, and you just made money in your home based business!You can also hit free classified ads and create a title and a few lines about your product. Often, the companies will give you text ads you can use. Some companies are strict about what you can say. When placing your ad on your affiliate product, just put in a link at the bottom so they can click to receive more information. Bam! Just received another sale!Besides Click Bank, there are numerous companies you can go to directly and start a home based business on the side. While building money up from your business from home, you can still work the same job as you do now.Just get very creative ideas and you can soon have more than one home based business affiliate marketing opportunities going all at once.

When it comes to agents managing commercial property today, it is fundamentally important that they provide real expertise to the process. Commercial property is complex by nature and performance. Experience and knowledge will be part of the core skill sets to be provided to the clients that agents act for.

There are a number of key factors to be controlled in the provision of professional commercial property management and leasing services, and here are the main ones:

Make sure you control the tenants within the tenancy mix so that you can optimize their occupancy in the property. A successful tenant or group of tenants will make it easier to improve the rental within the property and keep your vacancy factors lower. As part of this process the property manager needs to get very close to the tenants in an ongoing way. Regular dialogue and meetings regards occupancy and property usage will help the property manager understand developing problems and challenges that the tenant is experiencing.

The management of leases within the property is closely aligned to the tenancy mix and the plans of the landlord. Leases present certain challenges that need to be managed such as rent reviews, options, make good provisions, refurbishments, relocations, and property maintenance. Every tenant to be placed in the property should be matched to a lease that is prepared and aligned to the landlord’s property investment plans. Every lease that is negotiated should be approached on the basis of its integration into the surrounding tenancy mix. Look at the bigger picture and not just at the single lease negotiation.

As a property gets larger and more complex, the maintenance management procedures become more sophisticated and critical. A well maintained property allows the tenants to successfully operate their businesses and hence pay the rental. Regrettably a number of landlords will take shortcuts or overlook certain maintenance matters to save on property cash flow. Whilst this may be satisfactory to a point, a poorly maintained property can be easily seen by tenants, customers, and future potential purchasers. Adopt a prudent but wise maintenance management process to support the future of the property for the landlord.

The financial performance of a commercial property is a fine balance between optimizing the income and controlling the expenditure. Realistically, the income to be generated from rentals should be appropriate to the local property market but not too high where it can be aggressively destroying the tenancy mix. High levels of rental have direct impact on the tenant’s ability to trade. High levels of rental will also move tenants to other properties nearby at the first opportunity. If your local property market has an abundance of vacant space, you need to be very careful as to how you manage and optimize your rental and tenant relations.
Good financial performance within a commercial property is usually obtained by carefully establishing a property budget prior to the commencement of each financial year. The landlord and or property manager will have relevant discussions as part of putting this budget in place.

It is of note that a property with high outgoings or levels of expenditure will become unattractive to new tenants in any lease negotiation. If tenants are too worried about the levels of outgoings within the premises as part of the lease negotiation, then they are likely to request a gross rental from the landlord to remove the uncertainty of outgoings escalation.

These are some of the big reasons why commercial property management is just so special; landlords need skillful agents to help them, and not inexperienced generic agents. Agency staff and personal applied to the commercial management and leasing process should be suitably qualified and very experienced. Landlords expect the best property management service and this only comes from the right personnel exercising the correct commercial property management processes.

The term real estate is one that we probably all associate with property, particularly buildings and homes, perhaps land as well, but in every day use it is far more common across the pond in the US rather than here in the UK. However, in the legal sphere the term is in standard use in the area of law known as real estate law – the law applying to all matters relating to the property market.

The value of the property market itself is vast. Across developed countries in 2002, The Economist estimated the market to be worth $68billion (77% of which is the residential property market) therefore also valuing it at 17% more than the total financial assets of these countries. What’s more, for the individuals or companies involved in the market, property often amounts to their biggest single asset and in the case of residential property, more pertinently and emotively, their home. The laws surrounding real estate are therefore often complex and the stakes dealt with are high.

What is Real Estate
As mentioned above real estate in a broad sense equates to what we term as property in everyday parlance. More specifically however, it refers to what are known as immovable objects owned by a party as opposed to movable objects that that party can take with them. In reality this definition covers objects such as land, the buildings thereon and other static objects which are attached to the land (or buildings), including crops and other natural resources found on that land. Conversely the objects which are not static come under the banner of possessions.

In addition to the physical elements of property the term also covers the rights that come with the ownership of that land such as the right to access it (or the air space above it), to mine it, to fish it etc.

In some legal contexts, and particularly in the UK, the term can be supplanted with the term real property (or just property) and instead real estate can be used, for example under probate law, more specifically to refer to a person’s share in property or real property at the time of their death.

What Does Real Estate Law Concern
Real estate law is therefore the area of law that deals with these estates/properties, the immoveable objects that are attached to them, any interests in them and the rights that come with them, although it can reach slightly outside of this (immovable object) brief when dealing with legal issues surrounding portable homes such as boats, caravans and mobile homes.

It comes under the wider area of law know as property law (although there are also many overlaps with contract law in practice), which itself concerns the rights that people have to objects that belong to people, and falls mostly under common law (law determined by precedents). The other area(s) of property law not covered by real estate law relate to the (non-fixed) possessions mentioned above or as they can otherwise be known chattels.

The law deals with both the commercial and residential property sectors; that is property owned by commercial enterprises for commercial use and property owned by private individuals or commercial enterprises for residential use respectively.

Within both of these sectors firms practicing real estate law will handle cases relating to the following:

Property transactions – including the buying, selling and leasing of property. The work done here by law firms to facilitate these transactions is termed conveyancing.
Development/construction – whether it be the construction of a new office block or an extension to a residential property
Ownership and occupancy disputes – the rights of tenants and landlords and matters relating to public housing, squatting, cooperative housing or shared apartments buildings etc.
Planning – the rights of land and building owners relating to land use
Rights of passage – rights of public to access or traverse land
Property investment – investment into property/real estate based funds or shares in investment syndicates.
The issues dealt with under the banner of real estate law are widespread and diverse and as mentioned previously the stakes for the parties involved are high and emotive so, as always with legal matters, it is paramount that people seek professional and experienced advice before embarking on property ventures.