Thus far we have looked at Financial Freedom from the point of view of 1. Receiving (Learning to be a valuable employee); 2. Giving (Learning to give the first fruits of our earnings to God and to others in need). Now we are going to look at a third major aspect of obtaining financial freedom. Managing; (Building sales resistance, looking for the best buy, being prompt at paying bills).
When you are looking to buy a house, you need to budget for a number of
things, including insurance, as part of your ongoing costs once the
purchase is complete. Many things can contribute to the cost of your
insurance, such as how much money it would take to rebuild your home if
it were destroyed in a fire. So, if you have a fixed budget, you may
need to shop within a tight price range and be mindful of the regular
costs associated with owning a home. An AVM (Automated Valuation Model)
appraisal can be a quick way to obtain a ballpark estimation on the
value of a house, and that may help with the decision to pursue a
Regardless of whether your business is small and run out of your
Minnesota home, or is a large established company, its success is
usually a result of hard work and resourcefulness, combined with a dash
of luck. However, it may only take a single unexpected event for you to
lose everything if your business isn’t financially protected with the
appropriate amount of insurance.
As an owner of a Minnesota small business, how many times do you inspect
your business for potential fire hazards? Fireproofing your home is
probably something that you naturally check as you move about your
property, but your workplace may be a different story.
It was only a few years ago that determining the most appropriate
business insurance was one of the most complex decisions a Minnesota
business owner had to make. Today making an insurance decision is
probably an easy choice compared to the mass of marketing options
available. Although there’s a lot more involved in marketing and
advertising strategies than ever before, it’s worth the effort, because
modern methods provide far more opportunities for your business to
connect with potential customers. Just remember that insurance policies
have changed too, and there may be specific coverage available for your
planned online activities.
Do you have a fantastic idea for a home based business
but hesitate to take the final step away from the traditional
workforce? Provided you’ve done the proper market research, and have a
well thought out and written business plan, working from home might
offer you many advantages and opportunities. Remember to include the
cost of a Minnesota business insurance policy in your startup capital.
When you purchased Minnesota business insurance
to help financially protect your online business against unexpected
losses, did you take a good look at your liability coverage amount?
Online liability insurance has many names as insurance companies try to
keep up with the increasing usage of social networking sites by online
businesses. Media insurance, advertising insurance, online liability
insurance and internet liability insurance are just a sample of the
policy names to look out for.
True Financial Freedom begins with scriptural giving. Giving activates the work of God in our financial affairs. “Give and it shall be given unto you…” (Luke 6:38).
Giving must begin with tithes and offerings to God. No Christian can afford to neglect tithing or giving, “as God has prospered him…” (ICor. 16:2) . If we give to God and his work, He will “ open to us the windows of heaven…” (Mal. 3:10).
A vital part of starting a new business is obtaining enough funds to get
it up and running smoothly. Although convincing lenders to invest in
your business can be difficult, it’s not impossible, especially if
you’ve done the appropriate research and preparation. Remember to
include the cost of protecting your venture with a Minnesota business insurance policy in your start-up budget.
Purchasing Minnesota business insurance
to provide protection for your business is likely something that
occurred as a natural part of your start-up process. What about when a
sales campaign has generated lots of leads and sales, did you say thank
you to those customers as a natural part of your business methods?