Freebie Trading – Get Rich Scam Or Get Rich Quick?

July 30, 2010 by  
Filed under Marketing

Freebie trading, a controversial moneymaking ploy utilizes online forums, You Tube videos, personal websites and various other marketing tactics to guide traffic to web sites that advertise many products and trial offer in exchange for a fee. Freebie trading differs from other types of affiliate marketing because it includes people who make an agreement to purchase products from these sites on one another’s behalf, for a cut of the commission that results in exchange.

Freebie trading has become a multimillion dollar industry these past couple of years in which people that work from home have the capacity to take home incomes of as much as five thousand dollars a month. Because our economy is ridden with unemployment and underemployment, more people are choosing this business as a source of extra income.

Freebie trading begins with what is referred to as an incentivized freebie website. Incentivized freebie websites are special sites with trial offers that include hundreds of various products, cash, and prizes such as iPhones, Xbox 360s and plasma TVs. Some well known companies offer these incentives, however less reputable businesses like online psychic services can be located on these sites as well.

Incentivized freebie websites are not allowed to compensate you for trying their products that they advertise, however they are allowed to compensate you for referring customers to them. In theory, the proceeds would be shared with your referrals. These commissions can span from forty dollars to one hundred and twenty dollars a customer.

But, critics still remain dubious of freebie trading. Some people are quick to point out that they are forced to give out a lot of personal information, maybe too much. Problems come about when it comes to finishing trades and getting payment. Additionally, if you sign up for trial offers then make the simple mistake of forgetting to cancel the ones that you don’t want, you could get stuck with charges on your credit card. Finally, some people say that they just haven’t reaped any money as a benefit, while others who manage to get money for their trades might find the whole process time consuming and tedious.

Mallory Megan works for Rapid Recovery Solution and writes articles on national collection agencies. This article, Freebie Trading – Get Rich Scam Or Get Rich Quick? is released under a creative commons attribution licence.

Bankruptcy Attorneys Get Down

June 14, 2010 by  
Filed under Finance

For some reason a gathering of mid-level bankruptcy professionals made it into the news recently. They met at a bar, some networked, others found new clients, and others just came for the fun. Sources reveal that all of the young executives were enjoying themselves thoroughly.

Perhaps one of the only industries flourishing in today’s economy; the corporate restructuring profession is experiencing an upswing. According to statistics, U.S. business bankruptcies climbed up to 38% in 2009 from the year before. That’s a pretty big change.

This increase inspired advisory firms into bulking up their practices with new “turnaround experts,” young lawyers who burn the midnight oil in order to handle the blitz of bankruptcy cases. Without a doubt, established pros have enjoyed one or two good company-approved networking outings; wine tastings, makeover and martinis groups, and golf are just a couple of examples. Unfortunately, this leaves only the less experienced attorneys to work at a desk into the night.

This wasn’t the first gathering that was like this. December marked the first get together of the “Turnaround Underground” posse. Oops did I say posse? I meant gathering. Turnaround Underground gathering. Some attorneys came to network. Some attorneys came looking for love in all the wrong places. “You can meet your best friend here, meet your significant other here. This is not all about business” a starry eyed lawyer cooed. But some of the party-goers managed to leave work at work, loosening their ties, kicking up their feet, and enjoying a drink.

Fashionably late, attendees stormed the bar minutes after the get together officially started at 7 pm in a classy New York City nightspot. Within 45 minutes, there were BlackBerrys, business suits, and beer as far as the eye could see. In fact, one unruly attorney who wisely declined to be named was quoted as saying “Everything is better with beer.” All in all, it seems as though Turnaround Underground is a success.

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Is It Worth It To Hire Outside Collection Agencies

June 1, 2010 by  
Filed under Credit

When you find yourself in a situation that may lead to larger complications down the line, you try to find the fastest and most headache-free solution to the problem. It is always the best way to nip the problem in the bud before it even starts.

The same principle applies when you’re dealing with accounts that have lagged on payments, whose checks have bounced, who have totally stopped making their payments and have deemed themselves unreachable and a dozen other scenarios that will surely make your head spin. The role of your credit manager if you have one, at this point, is to decide whether to deal with these problems in-house or pass on these accounts to a collection agency that will then be tasked to follow-up and, at best, recover the money owed to your company.

Usually, a debt collection agency is called upon when you really have an overwhelming problem with your customers’ payment backlog. You’ve already tried resolving the issue using your in-house crew and having them initiate non-threatening appeals to your accounts by making phone calls, sending letters and even making personal visits. Or, sometimes, the problem has persisted and you find that your whole business has reached its danger zone and its plight hinges on whether or not you can recover some of the money that you lost. Whatever the case, hiring a collection agency seems to be the best way to deal with the situation.

However, extra care must be exercised when you finally decide to place your past dues with a debt collection agency. You have to remember that hiring a collection agency means that you are turning over a part of your business to someone totally on the outside. First of all, when you choose a debt collection agency you have to be sure that they come highly recommended by someone who has made use of their services and have been highly satisfied with them.

It is equally important that you check with an accrediting organization like that of the Better Business Bureau. This just makes sure that the collection agency that you’ve hired is regulated and subject to a higher power if they fail to deliver on their promise.

Second, when selecting a debt collection agency, you have to consider their technological capacity and equivalent manpower to handle your demands. When you say technological capacity it means that the agency will have the contact center in place to handle any communication between your customers and the agency, with reporting to be done on a regular basis to you as the ‘mother’ company.

You also have to make sure that the agency’s staff is trained to represent you as the client and not be seen as a third-party provider. It has been reported that most people are adverse to collection agencies and are more prone to shying away from them which will make it harder for you to go after them.

Their experience and customer-related orientation need to be as good as the fees that you’ll be paying. You need to negotiate a good compensation package that will take into account all of these conditions mentioned so you’ll at least be assured that you’re getting your money’s worth. It doesn’t make sense for you to be spending so much and not getting anything in return.

Rapid Recovery Solution is a commercial debt collection company. This and other unique content ‘debt solutions’ articles are available with free reprint rights.

Lawyers Are People Too! Pt. 2

April 23, 2010 by  
Filed under Business

The internet is ridden with blogs from angry law students complaining about the greed of attorneys, the ridiculously high law school tuition and student debt, and the unreasonable expectations many people have about how much lawyers are getting paid.

At least one person is trying to get lawyers to receive a little loveand it’s a non-lawyer! Steve Hughes has campaigned for and gotten April 13th recognized as “National Be Kind To Attorneys Day.” April 13th – placed strategically after April Fool’s Day but before April 15th (tax day) is a day to honor the estimated 1,143,358 active and inactive lawyers in the United States. Hughe suggests that on this day, you should take an attorney you know to lunch, thank a lawyer that might have helped you in the past, or even just a day without the lawyer jokes would be nice.

The honest truth is that attorneys might have to be shown a little more kindness than we may believe. According to a Johns Hopkins University survey of over 12,000 employees spanning over twenty eight occupations,those in the legal profession are more likely to experience depression. In actuality, lawyers are four times more as likely to suffer from depression from the average worker.

Clinical studies have demonstrated that at any given time, between three to nine percent of the population might suffer from depression. Yet a research study of lawyers shows us that nineteen percent were plagued with the debilitating mental illness. And a decade ago, a survey taken by the North Carolina Bar Association showed that almost twenty percent of lawyers who responded showed symptoms of clinical depression, with almost twelve percent confessing that they contemplate suicide at least once a month.

In 1992, the National Institute of Occupational Safety and Health’s Annual Report found that male attorneys falling into the age span between twenty and sixty four were at least twice as likely as the general population to commit suicide. To cement this fact, the American Bar Association reports that suicides among lawyers are two to six times the rate of the general population.

Mallory Megan is employed by a debt collection company. She also composes articles on business, finance, the credit industry and collection agencies. Grab a totally unique version of this article from the Uber Article Directory