4 Useful Ways to Make Money Online

Whether you are looking to make a sustainable income or some fast cash, there are plenty of ways to earn extra money with the wide-ranging opportunities offered online. However, it is necessary to be disciplined in your approach to making money. Also, it can help to enter an area that interests you to help stay focused and interested.Here are four ways to make money online:Start a blogOne of the most sustainable and easiest options to make money online is by starting a blog. A well planned blog that is based on the right niche with plenty of useful and unique content that targets a specific audience has the potential to make passive income over the long-term. Many think the process of setting up a blog is difficult, but in fact the learning curve isn’t too bad. There are several website building tools available to make creating an online presence quite straightforward. In the process of building a blog, you need to think about the offers or ways to make money, such as selling e-books, full-blown training, mini-email courses, or similar.


Email marketingEmail marketing is certain to appeal to anyone interested in online marketing. It starts with creating a website, setting up email software and then to develop a sales funnel that targets the right audience. The marketing material send out to your list must deliver value and cannot simply be marketing related. Without a regular supply of high-quality content that engages your audience, it can be difficult to keep members subscribed to your list.There are several ways to get subscribers signing up to your list. A typical method is to use lead magnets like cheat sheets, checklists and e-books. Also, there is the option to convert an article into a PDF to add extra resources such as audio files and video training courses.Webinar trainingA very potent way to make money online is with webinar training. But, this is only an option for those with in-depth knowledge on a particular subject that others want to learn about. Also, a website with a decent online presence and a product or service to sell is necessary.


Develop AppsLearning to become an app developer is certain to appeal to many people. While it will be difficult to compete with the major brands and apps, there are still plenty of opportunities to think up a niche idea that can meet the needs of certain people. This can be something like a podcast organizer, a list and illustrations of yoga poses, a tip calculator, or anything that interests. Also, for those with a unique app idea, but without the programming know-how to build an app, there is the option to hire someone to build it on your behalf.

Who’s Financing Inventory and Using Purchase Order Finance (P O Finance)? Your Competitors!

It’s time. We’re talking about purchase order finance in Canada, how P O finance works, and how financing inventory and contracts under those purchase orders really works in Canada. And yes, as we said, its time… to get creative with your financing challenges, and we’ll demonstrate how.

And as a starter, being second never really counts, so Canadian business needs to be aware that your competitors are utilizing creative financing and inventory options for the growth and sales and profits, so why shouldn’t your firm?

Canadian business owners and financial managers know that you can have all the new orders and contracts in the world, but if you can’t finance them properly then you’re generally fighting a losing battle to your competitors.

The reason purchase order financing is rising in popularity generally stems from the fact that traditional financing via Canadian banks for inventory and purchase orders is exceptionally, in our opinion, difficult to finance. Where the banks say no is where purchase order financing begins!

It’s important for us to clarify to clients that P O finance is a general concept that might in fact include the financing of the order or contract, the inventory that might be required to fulfill the contract, and the receivable that is generated out of that sale. So it’s clearly an all encompassing strategy.

The additional beauty of P O finance is simply that it gets creative, unlike many traditional types of financing that are routine and formulaic.

It’s all about sitting down with your P O financing partner and discussing how unique your particular needs are. Typically when we sit down with clients this type of financing revolves around the requirements of the supplier, as well as your firm’s customer, and how both of these requirements can be met with timelines and financial guidelines that make sense for all parties.

The key elements of a successful P O finance transaction are a solid non cancelable order, a qualified customer from a credit worth perspective, and specific identification around who pays who and when. It’s as simple as that.

So how does all this work, asks our clients.Lets keep it simple so we can clearly demonstrate the power of this type of financing. Your firm receives an order. The P O financing firm pays your supplier via a cash or letter of credit – with your firm then receiving the goods and fulfilling the order and contract. The P O finance firm takes title to the rights in the purchase order, the inventory they have purchased on your behalf, and the receivable that is generated out of the sale. It’s as simple as that. When you customer pays per the terms of your contract with them the transaction is closed and the purchase order finance firm is paid in full, less their financing charge which is typically in the 2.5-3% per month range in Canada.

In certain cases financing inventory can be arranged purely on a separate basis, but as we have noted, the total sale cycle often relies on the order, the inventory and the receivable being collateralized to make this financing work.

Speak to a credible, trusted and experienced Canadian business financing advisor as to how this type of financing can benefit your firm.