National Brokers Network

Start Your Passive Income In 2016


What if there was a way for you to work less and earn more? Would you take it? Many people don’t know it, but passive income is possible and doable.

Anyone who is interested and has enough determination to chase after it can make passive income.

Follow these steps to know how.

Define your driving factor/s

Before anything else, you need to have a solid knowledge and understanding of WHY you are pursuing passive income. What is your number one motivator for starting your own business? Whether it is having more time for yourself or your family, travelling, or simply getting tired of a desk job, you’ll need to know what drives you and turn it into your inspiration to fuel your ambition.

Choose a niche

Once you’ve decided to go on the passive income path, you’ll need to think about which of your skills and talents you can use in your quest to create a product or service for a lucrative business.

Here are a few examples:

  • Production
  • Creative work
  • Real estate
  • Network marketing
  • Investing

Identify product value

After you have established the product or service you will offer, you’ll need to find and sell its value to your prospective customers. The best way to encourage people to buy something is to show them how that product or service will benefit them. By helping people find value in your offer, you have greater chances of converting them into customers.

Recognise your target market

Who are you going to sell your product/service to? It’s good to identify your target market well in advance so you can determine which group of people would find the most value in what you are selling. Once you’ve done that, you’ll know the exact demographic you need to actively promote yourself to. It will also give you an idea as to the potential demand for your product or service and help you design a good strategy to handle it.

Create a business strategy

If you want a powerful business that will give you remarkable passive income, you’ll need a strong business strategy to set things in motion. It should be complete with your business goals, action plan, marketing plans, role assignments, procedures and processes, etc.

All these will guide you in launching a business that will grow your customer base and reward you with a steady stream of income.

National Brokers Network Business Brokers Victoria is a well respected business broker firm that helps you find the right business property out in the market. Register Your Property today or Let Us Know Your Requirements so we can assist you.



Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

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