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| Paid Surveys-The Basics |
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Wednesday, September 5, 2007
Taking paid surveys online can be an exciting and fun way to earn a little extra cash. There are literally hundreds of websites that are willing o let you give them your views and opinions by answering their questions, and will pay you for doing so. Set out below are a few of the most common questions that are asked about taking surveys online, together with some tips and hints that can get you started. Finally, a few additional idea sand thing to bear in mind once you have started taking online surveys, and accumulated some cash. What exactly are paid online surveys? Simply put, you answer questions online; you get paid for your opinions. By going to any of the free directories of online survey companies, you can consider a lengthy list of such companies, and decide what kind of survey sites you are interested in. Beware that there are few survey list sites out there that are "paid for" sites that you have to put money upfront to join. Almost invariably, these are no better than the free listing sites highlighted in the "Links" section of my own website, and often, the paid lists offer exactly the same survey listings! Stick to the freebies, is the best advice. Once you begin the sign up process, the company will usually need to gather some demographic information about you, such as your home town, age, sex and the like. Again, be aware that more than half the surveys that are available are only on offer to US citizens, and, although in most cases, this is very obvious from outset, sometimes it is necessary to read the small print to make sure that you don't waste your time! Once that site has a survey that fits the personal profile that you just created, they will then send you an invitation by e-mail. This will tell you how to access the survey, an approximate time that it will take to complete and how much it will be worth to you. Once the survey is done, the company will then arrange to pay you, by check, or via Paypal. Some will not actually "pay" you in monetary terms, either sending out a gift certificate or allowing you to accumulate "points" or "credits" to apply to get a large reward, gift or prize at a later date. How much can you make with paid surveys? The truth is that, whilst many companies offering paid survey "finder" services will suggest that you can earn thousands of dollars a month with paid surveys, you can't, unless you can work 24 hours a day, eleven days each week. You are far more likely to earn in the hundreds than thousands, period. Of course, how much you actually f=do make depends on several factors, not the least of which is how much effort and work you are wiling to do. Then there is the demographic question to take into account – a suggested earlier, it is much less likely that you will earn good money if you are outside USA (or, to a lesser extent, UK), as well as the type of surveys that you are completing. Some survey types simply pay better than others. Be aware that this is not "regular" wok. Again, dependent on demographics, the type of surveys that you want to complete and so on, you can sometimes wait days, weeks or even months before you receive a request to complete a survey. You'll have months where you make very little and months where you may make considerably more. How many surveys can you expect to receive? Probably, at the beginning, not so many. Some sites may send out several survey invitations per month, the overwhelming majority do not. Don't be discouraged if within the first few months you are not receiving a significant amount of survey invites. Just hang in there, and gradually, things will start moving for you. Should I Consider Paying To Complete a Survey? Absolutely not. Any genuine, real market research company is prohibited by the Marketing Research Association from charging for participation. You should NEVER pay for information about online surveys. As we've stated previously, there are plenty sites out there that will be more than willing to take your money for a list of survey sites, but stick with the free lists as they are every bit as good (often better) than the paid ones.For Links to the Best Free Lists of Online Paid Surveys, visit http://webbiz99.com/paid_survey/links.php Tax issue's when selling a franchise Special Commissioners decision changes view on Franchises Goodwill In 1996, 32 Pizza Express franchisees sold their businesses back to the franchisor Pizza Express. Two of these businesses claimed capital gains tax rollover relief in respect of the gain on goodwill under TCGA 1992, s. 152. The claim was subsequently refused by HMRC and the tax payers appealed. HMRC's argument was that there was no saleable goodwill as the franchisees merely had a licence to trade and therefore no business asset to be rolled over. They claimed the amount allocated to goodwill should be reallocated to 'early termination of franchise agreement!' The 2 businesses involved appealed on the following grounds: The consideration apportionment should not be changed as it was reached honestly and at arm's length. HMRC's letter advising of the reapportionment was issued after the closure notice and was therefore unlawful. As a matter of law, the goodwill belonged to the franchisor, not the franchisee. The consideration paid was for goodwill, not early termination. The Commissioner considered that what was goodwill, had to be determined in accordance with legal rather than accountancy principles. It was a question of fact and would include whatever was added to the value of a business by virtue of situation, name and reputation, connection, introduction to old customers and absence of competition. The Commissioner also questioned the approach of HMRC as set out in the Capital Gains Manual and as there was a covenant restricting the trade of the vendor in the area, felt that this was indicative that the goodwill belonged to the vendor. The Commissioner found that the appellants invested capital and time into their businesses and Pizza Express had no direct interest in their profitability, simply, taking a percentage of turnover as their franchise fee. Whilst the franchisor owned the goodwill in the name of 'Pizza Express', the franchisee agreement did not give the franchisor ownership of the goodwill in the business itself. The appellants also undertook their own advertising and customers returned because of the service etc. provided in their restaurants rather than because they traded under the name Pizza Express. As such the appellants, rather than Pizza Express, would be responsible for the quality of the product. The accountants had complied with standard accountancy practice in 'allocating' part of the consideration to goodwill, being the excess over the true and fair value of the tangible assets. The appeals were therefore allowed in principle Copyright Franchise UK http://www.franchise-uk.co.uk Franchise UK 5 High Street Seaford East Sussex BN25 1PE Tel: 0800 019 9661 Franchise UK Market orders vs. Limit orders. Is there an easy answer? Market orders vs. Limit orders. Is there an easy answer? I don't think so. Clearly market orders expose you to a poor entry price where limit orders define your price so you know how much you will pay. If you exclusively use limit orders and feel that you can always wait for the price to come down to your limit, you may feel you are one of the smart guys. Well, you are as long as the price comes back to you. As we all know, if you are looking to get in on a screamer, the price movement in the early stages of advance can be leave a whole bunch of limit orders in the dust. Yes, your limit order kept you from over paying but saving $.20 on the entry price pales in relation to the $2.00 advance you missed out on. So where are we? If the price has run up in a basically a range bound market you can look for a retracement and buy closer to support. If the price is in a general advance, you can sometimes observe an extreme move; you may then have the opportunity to buy on a retracement with a limit order. If you really want to own something you may consider a market order and just live with the results. For what we do, market orders are really not very good ideas. We tend to place our "potential buys" at levels that the stock hasn't already reached. For instance a common statement from us would be something like ""XYZ is at $4.60, we'd take a shot at it above $5.00". With that type of "level" to look forward to, more times than not you can just put in a limit order and get filed. We aren't chasing a high flyer that's roaring, we are usually just picking up on a stock that's crossed a resistance level. Now it's true that sometimes so many eyes are focused on a breakout that the stock starts to run away, but we can usually be ahead of it. In the instance above, we might put a limit order in on XYZ at say $5.04 or $5.06. By placing it even higher than the actual resistance level, more times than not the stock is rising into our order, we aren't "chasing" it. In pure daytrading, we've missed so many great trades trying to be a market maker, and swap sides, and buy on the bid that the stock roared higher without us. At times like that a market order is often your only shot, despite the fact you might get the lousiest fill on the planet. We just wanted to alert you to the difference. ABOUT THE AUTHOR: Larry Potter is a recognized authority on the subject of trading and has been publishing his newsletter, Stocks2Watch®, since 1998. Each evening, his newsletter contains picks for the next day and always includes a free trading tip. For a FREE report on HOW TO TRADE FAST, Click Here http://lb.bcentral.com/ex/manage/subscriberprefs?customerid=12826 P.S. Did You Know That Rolling Stocks Can Be Very Profitable? Rolling Stocks are stocks that will roll back and forth within a channel, between a high and a low price. Once a stock like this is identified it should be easy to buy low and to sell high, plus you can often make money when it starts to "roll" down! On July 1st, Larry began publishing "Rockin Rollers" and it is delivered 3 times a week. |
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