Have you ever stared at your computer and thought of it as a machine that might write you a paycheck as a home based business? There are billions of websites and somebody is making money, why can’t it be you? If you have ever wanted to work from home, now is the time to take action.Being an online business is the great equalizer. No one knows if you have a 40 million square foot warehouse or if you have 3 boxes hidden under your bed. Starting a brick and mortar business is extremely complicated and highly risky. A virtual business that you work at home gives you flexibility to succeed without a huge risk. In a very short time you can be up and running and have income.So what are some of the things that you need to succeed when you work from home?1. Find something that you enjoy and something that you will have fun learning more about. You are going to more than a burning desire for money to build a home based business. If you share something with others that you have a burning desire for you increase your odds of success.2. Start with the basics. You will need to have a bank account. Check for any zoning laws about home based businesses in your area. To suddenly start being successful and having an inspector to show up and red tag your work from home business can be expensive.3. Add separation from your personal life and your business life. Sometimes working at home you try multitasking the separate aspects of your life and both suffer.4. Self discipline is critical. Remember this is still a job. You are now working for your home based business. Set the hours you will work and follow your plan to success. The biggest cause of failure of any type of business owner is failing to show up to work.5. Socialize and network. Home based businesses grow because people know you are doing it. Big box stores can spend millions of dollars advertising each week. Your million dollar ad budget is word of mouth to get started. Be prepared to face rejection, but remember that if you can have 10 quality conversations a day and gain one new customer a day you will soon have a work from home empire.6. Find a strong online marketing training company and learn how to expand your business from the experience of others. Just because you work at home does not mean that you have to work alone.A home based business gives you the opportunity to replace your job with a successful work from home career. By working at home you will leverage those things that you honestly love to do. Let me be the first to wish you not great luck but to wish you great experience. Experience is what you control luck is just going to happen.For more insights in how to succeed with a home based business check out our resource box below.

Why should anyone be interested in helping you for free?

The government benefits if it gives small business start up loans and that is why it helps.

o Statistics show that small businesses number more than the big businesses.

o Small businesses employ more than 50 percent of the work force.

o Small businesses contribute to more than 50 percent of the nation’s GDP-Gross Domestic Product.

o Small businesses are the principal source of new jobs.

Starting a small business or expanding your small business is not easy. Expert guidance and help is given to you for free by SBA. The US Small Business Administration was established in 1953 and has business offices in every state. SBA works with thousands of lending, educational and training institutions nationwide. It does not provide grants but offers counseling. Government small business loans are offered to many entrepreneurs. Look up the web sites of the state economic development agencies to know if it is available in your state.

SBA is only a guarantor of loans offered by banks and other private financial institutions. The lending institutions that agree to terms of the SBA provide loans to small businesses through SBA. In case of inability of repayment of loan within the stipulated time; the SBA pays the lender the agreed upon guarantee amount, and the borrower has to pay the SBA the entire amount.

Can the SBA help you?

Small business is one that is independently owned and operated and is not dominant in its field of operation. SBA has regulations to determine whether your business qualifies as a small business. You could look up the SBA website or federal government regulations to find out if your small business startup loan or small business loan for expansion qualifies. Your business has qualified then the next question that any lender would ask you, is: Do you have a business plan?

Auctions are those events where properties or goods are sold to the highest bidder. Auctions are mostly public events, where bidders make a series of bids and purchase a particular item for a high price. During auctions, bidders decide the price of an item rather than the seller. It depends on bidders to decide the amount they would want to pay for a specific item. During an auction, a bid is a proof of a legal binding. Bidders agree to pay the amount that they have bid. In a high profile auction, bidders may have to pay a deposit in escrow accounts or give a proof that they can pay for those items.

Types of Auctions:

Different types of auctions take place around the world. Below mentioned are some types of auctions:

1. English auction:
This is a basic type of auction. In this type, people can see the item and then start bidding. Bidders slowly raise the value of their bid until everyone gives up. The highest bidder is the winner. An auctioneer manages an auction, keeps records of the on going bid and decides the winner. Sometimes, the seller will quote a minimum amount for an item to the auctioneer, below which the auctioneer cannot sell that item.

2. Dutch auction:
In this type, the auctioneer sets a particular price and then gradually lowers the price. People in public will start bidding and later decide which prices are suitable for the item. A seller may use this type of auction to sell large quantities of same products to the public. For instance, a seller may want to sell a large amount of hay and will thus, decide to sell this hay to people for the same amount, once a reasonable price is decided.

3. Silent auction:
In this type, the bidders in public will present their bids in a sealed format. These sealed bids open at the same time and bidder with the highest bid wins. There could be a modification in this type of auction. The bidders are allotted a specific period to bid. They can roam in a room displaying the items, and write their bids on an associated sheet of paper. The bidders are allowed to see bids of other bidders and can choose a higher price for an item. At the end of the allotted time, bidder with the highest bid is the winner.

Examples of Auctions:

Auctions can be of two types either public or private. Sellers may trade any kind of items in both types of auctions. Some areas where auctions take place are:

1. Antique auction: An antique auction consists of a trade opportunity as well as provides entertainment.

2. Collectable auction: In a collectable auction, the seller may put up collectables like coins, vintage cars, luxury, stamps, real estate, and luxury for sale.

3. Wine auction: In wine auction, bidders can bid for rare wine, which may not be available in retail wine shops.

4. Horse auction: Bidders can bid for young horses of the best breed.

5. Livestock auction: In livestock auction, bidders can buy pigs, sheep, cattle, and other livestock.

The other examples of auctions may not be public. These auctions are for bidders from corporate levels. Some examples of private auctions are:

1. Timber auction
2. Spectrum auction
3. Electricity auction
4. Debit auction
5. Environmental auction
6. Auto auction
7. Electronic market auction
8. Sales of business auction

Bidders in an auction need to examine the items displayed and decide an appropriate price for an item. Thus, auctions help buyers in getting the best deals and in gaining better profits for sellers.