Creating your Internet home based business plan is crucial before you start building the business. The plan should be a long range plan of a minimum of 3 years and stick to the plan. It is the main component in your goal to work for yourself and not work to make someone else rich. Your plan for independence and financial freedom must be in place before jumping in unprepared.Everyday thousands of entrepreneurs are searching for information on business ideas and opportunities. Over the past few years, many companies have gone belly up, 401k accounts disappear and increasing energy costs that continue to hold the economy hostage. Every year tens of thousands of individuals from all levels of employment are discovering they have been living based on another individuals or company plan. They understand that a positive change is required for their survival during this ever worsening economy. They also realize that a home business opportunity is the only viable alternative.The right time to start your home business is nowo It is the right time if you are sick and tired of working long hours every week, for 50 weeks a year, with little to show for it.o It is the right time if you have been laid off recently or indications are that you will be next.o If you have been unemployed for more than 9 months and your extension will soon end, it is the right time for you to start building a home business on the Interneto Since more jobs are still being outsourced and the small number of jobs remaining that pay a livable wage are limited, it is the right time for you to start your Internet businessA few questions you need to find answers for:o Is there a good compensation plan in place?o What are your monthly income expectations?o What resources will you need to accomplish your goals?o Does the company have a support mechanism in place?The importance of a business plan cannot be emphasized enough when you consider starting a home business opportunity. If you have problems drafting your business plan, I encourage you to get help from a professional or from others who have a home business. You can even get help from searching the Internet for articles on writing business plans. All of this and more you can do with your computer using a search engine.In conclusion, with a business plan as your guide or map to building your Internet home based business and if you stick with the plan, your reward will be financial freedom.
Building A Computer Home Based Business
In the complex and fast driven world of technology today, the computer and internet are quickly becoming incredible tools to begin and succeed in a home business. This process, upon original discussion, truly sounds easy yet there are incredible steps involved that make for a very tough decision process once determined. As such, one should understand the basics of building a computer home based business prior to launch.Truly, today, the computer and internet are making it incredibly possible and easier for people to being a business from the comfort of their own home. Today, there are millions of small business owners that are operating within this revolutionary concept which truly makes for a rich benchmark in appeal. This is definitely not for everyone as there are countless competitors which could be deterrents to success.For this business to be successful, one key element is being able to sit at a computer for long periods of time. There are people that are simply unable to do this as if often can become monotonous and difficult to keep concentration. If one is more of a mobile person, this may not be the career for them.Also, one should assess if they have computer skills and are computer literate. Naturally, this home based business requires computer skills and knowledge for efficient daily business operations. If one lacks these skills, there truly are countless classes and tutorials able to be taken which allows for an incredible ease of use and should be taken prior to starting the business.The internet is an incredibly diverse and complex environment to operate within which does require a certain level of knowledge. There are several online internet courses that are able to be taken which allows anyone to easily use it and provides an incredible learning environment. As such, there should be a very sound knowledge of how to navigate and effectively use it.This business category could take some time to generate cash flow and earn a profit. Thus, one should truly have some form of financial savings and backing prior to starting the business to ensure survival and being able to provide the necessities in life. This should definitely occur prior to starting the business.Finally, determine which niche of computer home based business one would like to begin. There are countless options including Network Marketing, Sales and Marketing, Freelance Writing, and many others. If one has experience in any one of these niches, one should greatly consider starting in that segment.
Tips For Devising a Smart Internet Home Based Business Start Up Plan
A home based business start up must be well planned and executed. The success of such a business depends a lot on the start up plans.You must devise a start up plan that will give an edge over the many competitors in the ever growing web world.The success of your home business will be dependent on your awareness and understanding of the internet market.Without this knowledge, a home-based business meant to be done from the comfort of your home might turn out to be an uncomfortable, stressful and frustrating effort.Here are a few tips to make your home based business start up a success…Start from the netIf it’s the internet that will get you business, it is the internet that will get you the resources as well.Yes, it’s all there; you can get all the tools on the internet itself. So go ahead and try.How to design the site?Though the internet itself will provide the resources required for the home based business start up, with many tools that are user friendly, if you are not confident you should hire a professional.Pay attention to domain nameThe old saying “What’s in a name?” is applicable here. The name of your site is vital and must be related to your products and services.Choose the right web hostAs a part of your home based business start up plan you should be sure whether you require a virtual or dedicated server. You must also know how upgradable is the server, the bandwidth and whether it can provide a control panel.Don’t overlook the legal issuesBe careful about the registration, licensing, etc. in order to avoid any legal hassles later.Effective payment facilityYou should have a secure and smart means of receiving payments. Clients should not be held up or timed out while making payment transactions.Build your marketThe first hiccup of a home based business start up is your zero online visibility. Hence, you must spend a lot of your initial days trying to build constant traffic to your website with the help of web promotion and marketing strategies.You must have a good marketing strategy which is suitable to the internet since here the customer won’t know about your business unless he sees and hears about it.Study the marketJust like any other business, you must evaluate the market and the demand for the products and services your business will provide.Make your site stand outTo make your site visible you must ensure good SEO ratings. This is also one of the key marketing strategies of a home based business start up.Plan a client strategyYour business plans should be aimed towards increasing profits. It should inform clients about your products, create credibility with them, attract them, prove or show the products worth and finally impel them to the action of buying the product.In fact, one indispensable client strategy is a good visitor-converting tool where a surfer enters your website as a visitor and leaves as a customer.Create a client listIf you are equipped with a customer, your marketing strategies will be more targeted. Hence, a few handy tools for creating your own opt-in lists is a must have.Thus, work out on a start up plan and create a successful home based business.
Home Based Business Start Up – 10 Winning Tips and Tricks to Help You Succeed
1. Know Your Market.To succeed in your home based business start up, find out what your customers want and give it to them. Ensure there is a demand for your product or service by carrying out market research. Know who your target market is. For example, will you be selling to local people or small businesses.Tip: Have a dedicated space in your house for your business and keep it completely separate from your home and family life.2. Be Original and Different.There are a lot of boring companies and products out there. Use original thinking and novel ideas to leap ahead of the competition. You can be different in the way your product is delivered and packaged or add a feature that no one else offers.Tip: Do not try to be different by having a lower price. Add value to your product or service and charge accordingly.3. Pricing.Build in all of your business costs into the pricing of your product or service. That must include marketing and advertising costs, travelling to visit clients, your salary, professional fees and how many sales you hope to make for the effort you are making.Tip: The right price is what your customers are willing to pay and should not be based on your operating costs.4. Decide How Your Business Will Operate.What is your home based business start up going to do and what does it need to do in order to succeed. Do you need a production line, stock or storage space. Are you going to provide a service, if so what tools and equipment do you need.Tip: Try not to buy brand new. Borrow or use free promotions and 30 day trials.5. Selling.As an entrepreneur you will be wearing many different hats, salesperson being one of them. Decide on your method of selling: Is it going to be phone, online, direct or affiliates. Once your business is turning a profit, you should aim to spend at least 50% of your time selling.Tip: Do not take rejection personally. It is a part of business.6. Business Management.Know what is working and what is not working for your home based business start up. You must keep on top of taxation, insurance and accounting. How will you manage the work flow if the business does better or worse than expected. If the business takes off will you need more staff. If so, where will they come from and how will you train them.Tip: Cut out that part of your business which is not making money. Do not be emotional about it.7. Financial Planning.Always do a cash flow forecast to determine your home based business start up costs. Can you carry these start up costs until cash comes in. If not will you need funding. When forecasting do not assume or guess. Base your figures upon experience. Yours or somebody else’s.Tip: Cash is king. Keep an eye on cash flow and make sure your customers pay you on time. Do not give credit unless you absolutely have to.8. Funding.If you need to raise funding for your home based business start up, consider the following sources: Your own savings, credit cards, bank overdraft, venture capitalists, business angels (wealthy individuals) or banks. You may be able to obtain government cash or cash in kind, in the form of training or innovation from the government.Tip: borrowing from family and friends can be more trouble than its worth. Look at other alternatives first.9. Outsource.When you begin your home based business start up, you will be doing all the jobs yourself. But as soon as money starts coming in, start to delegate. This can be in the form of outsourcing the mundane tasks to others. For example, your charge out rate may be $35 per hour. Outsourcing a particular task may only cost you $20/hour.Tip: Think like the business owner, not the employee. Cut costs.10. Wealth Mindset.Having a wealth mindset involves having a burning desire to succeed, faith in yourself and the business and perseverance, amongst other things.Tip: You must acquire this vital quality or you will fail.
Home Based Business Ideas For Women
In today’s economic climate of global recession it is tough to find a job and it’s especially tough when you want to go back to work after starting a family. When we see the words ‘Home Based Businesses’ many of us are skeptical, and rightly so- with all of the scams and fly-by-night get rich schemes it can be disheartening to really find something out there that works, that’s similar to jobs you have before starting a family. This can be especially so when you have small children, which is why it’s important to separate true home based business ideas from ones that do not work.There are several ways to find true home based businesses that work for women, but there are a few that are easy to learn and ones you can implement immediately. Here are 3 simple tips for Home Based Business ideas for women:1) Mindset. When you find a home based business idea for women, and it looks like a solid business and professional opportunity, go for it. You have to believe you can pursue a professional business from home as well as raise children. So, take action and believe you can. But, once time goes by and the buzz of ‘something new’ wears off, make sure you don’t put it to the side and never do anything with it. Over 90% of people give up on new business ventures, especially online from home. Stick with it, and give it all that you’ve got (within the time and energy you have available for working.) If the home based business idea works, it’ll work for you with the right mindset and effort. If not, don’t be discouraged, there are plenty of more opportunities for women to find business ideas online.2) Verify and Vet. When you come across a work from home idea, verify the opportunity and vet those involved in it. Google search the company name, and the names of those involved. Google search the company name and the word ‘scam.’ (But don’t forget to verify and vet those who claim ‘scam’ too, they could just be a few sour apples.) Find out if people are actually happy with the company or service. Also, it’s always a good sign if those involved in the opportunity update and communicate often. It doesn’t have to be direct communication; it can be something like a blog, email, tweets, Facebook posts, newsletter, or forum post. Also verify if they have good customer support and your questions and concerns are dealt with in a timely manner. The more legitimate online opportunities will have more positive reviews than bad, and more available contact and support.3) Resources. Discover all the various resources available to you in your field. Search in your field for business tips and strategies, forums and blogs to connect with others, and listings and directories to advance your goal. You can also find available opportunity for work by searching. The internet is a resource and you have to mine it.There you have it! Three simple tips that will help you find your opportunity to work from home on the internet. Keep your eyes alert for home based business opportunity, make sure the opportunity checks out and isn’t a scam, get involved and stay focused, and you’ll see success in your endeavors. You can work from home and make a living while raising a family, so get started today.
Property Managers, Commercial Tenants and Evictions
Your commercial tenant failed to pay rent. You have heard that things are not going very well for them, but now it is apparent. As a property manager your duty and obligation is to resolve the issue as quickly as possible. When the tenant failed to pay by the due date they have effectively breached the lease and you are entitled to evict the tenant from the property. An eviction lawsuit commonly called an Unlawful Detainer action is a fairly straightforward legal process. The important thing for property managers to know is that the steps involved in this process are critical and must be followed to the letter of the law. A real estate attorney representing both parties in the action is common. If your property manager has followed the law, given proper notice, and has a detailed file of all of the correspondence between the tenant and their company the unlawful detainer action should go fairly smoothly and the landlord or owner should prevail.
The First Step Is To Resolve Rent Payment Issue If Possible
If at all possible the property manager should make every effort to get the tenant to make the rent payments and bring their lease current. If this involves waiting a few extra days for payment maybe this would be the best course of action instead of filing a lawsuit. Your individual company policies and best practices will dictate this action, but it would be better for all parties to resolve before litigation.
Three-Day Notice Drafted
If a payment is not forthcoming then a ‘three-day notice to pay or quit’ must be prepared and properly served on the tenant. This notice must be in a specific legal format. A commercial owner, landlord or property manager can choose between different types of 3-day notices; 1) specifies the precise amount of rent owed; or 2) estimates the amount of rent owed – usually when a tenant is paying a percentage rent.
If the lease requires the tenant to pay rent and other separate amounts for triple net or CAM charges, the property manager should get the proper advice on whether or not two separate and distinct notices are required to be served. For example, if the property manager or landlord accepts an overpayment of the rent because they have miscalculated and the tenant overpaid estimated rents and CAM charges this may lead to a tenant victory in the unlawful detainer action. This would also possibly give the tenant the right to attorneys’ fees. It is critical to be correct in this step.
The Three-Day Notice Must Be Properly and Legally Served
The tenant is deemed served when they are personally served with the three-day notice, or a responsible person at the place of business is personally served on the premises. In the event no one is available the landlord or property manager can attach the notice to the front entry door of the business premises while simultaneously sending a copy of the three-day notice by certified mail return receipt requested. The landlord or property manager must then prepare a ‘proof of service’ in the proper format which states in pertinent part that the ‘three-day notice’ was served on the tenant, or describe the method of service.
The Property Manager or Landlord Has a Three Day Waiting Period Required for Service to be Effective
After properly serving the three-day notice a three day waiting period begins on the next business day. If the third day falls on a weekend or holiday the three day waiting period is extended to the next business day.
If the tenant decides to pay all rent due at this point or corrects any outstanding violation of the lease terms then the eviction process ceases. If the tenant makes partial payment the landlord or property manager can accept partial payment but must notify the tenant that they are not waiving their rights to proceed with an eviction.
In the event that the tenant has violated the lease by way of some criminal act or conduct then the eviction process continues.
At the end of the three day waiting period the landlord or property manager may go forward with filing and serving a complaint and summons.
Summons and Complaint are Prepared and Served
In the event that the tenant has failed to cure their outstanding rent violation, or failed to cure any other violation that they have been property notified of, then the landlord or property manager may proceed with filing and serving the summons and complaint to the tenant. A third party not involved with the action, typically a registered process server can be hired for a fee to serve the papers on the tenant. The summons, complaint and proof of service must then be filed with the court clerk’s office together with a copy of the lease, and then property served three-day notice and its proof of service.
Technical Mistakes Can Cause Delays
If the landlord or property manager has taken this process on by themselves there is a possibility that they have made a technical error in the processing, preparing, serving, and filing these documents. There are several technical areas of the law which must be followed or will result is substantial delays if they are not. A tenant who hires an attorney will likely find these technical errors, if the court doesn’t find the errors. This will likely result in delays which means money to the property owner. The best course of action in these situations is to hire an eviction attorney to help prevent delays and additional costs for the owner.
Court Proceedings Require that All Parties Appear in Front of a Judge
If the tenant does not contest the eviction
A properly served tenant has five days to oppose the eviction. If substituted service was used then the tenant would have fifteen days to file a responsive pleading to the action. If the tenant fails to oppose the eviction the landlord or property manager will seek a default judgment of possession of the premises. This will most likely be granted and the case will be referred to the Sheriff’s office for tenant lockout (see below).
If the tenant contests the eviction
In the event the tenant hires an attorney and contests the eviction then things will take a while longer. The tenant will be granted more time to prepare and there will be approximately thirty-day period in which a trial will be set. If the landlord wins then the tenant will have to pay the rent and other losses most likely including attorneys’ fees. If the tenant wins the landlord may have to pay attorneys’ fees. In this situation a property manager really needs to be represented by counsel.
The Landlord or Property Manager has the Right to Lockout the Tenant
Assuming a landlord victory the county sheriff will post a ‘Five-Day Notice to Vacate’ the premises on the tenant’s door or entry into the business. On the sixth day the sheriff meets the landlord or property manager at the property. The landlord or property manager then receives a receipt of possession of the property. If the tenant is still there when the sheriff arrives, the sheriff will then physically remove the tenant. The landlord or property manager will now have a locksmith come and change the locks to keep the tenant out.
Notice to Claim Property
If the tenant leaves behind personal property there are state statutes that deal with this specific issue. The landlord or property manager must give the tenant fifteen days after the lockout period to claim any possessions from the property, or if the tenant left before the lockout, eighteen (18) days after the mailing of the “notice of belief of abandonment” to the tenant’s last known address. The notice must describe the property with specificity so the tenant can identify it, and the notice must also describe the storage costs. A prudent practice for a landlord or property manager would be to photograph and log all of the tenants’ belongings so that there was not a later dispute.
It is not legal for a landlord or property manager to hold a tenant’s personal property as security for payment of money awarded by a court judgment.
Unclaimed Property Disposed of or Sold
When the fifteen day waiting period is over the landlord or property manager can dispose of the tenant’s personal property if it is worth less than $750 or $1.00 per square foot, whichever is greater. If the property is worth more the landlord or property manager must auction it through a public sale held after properly published notice with the proceeds turned over to the county, minus expenses.
Conclusion
Although this article has briefly touched upon this process one should see that this is not a simple process, but is a process which should be taken seriously and professionally. It is always a best practice to have an eviction attorney help a landlord and/or a property manager through this process.
Real Estate Law – The Deeding Process
The law of deeds has its roots in the ancient rite of livery of seisin. That ceremony served as the forerunner to the modern deeding process at a time when very few persons could write. This method of transferring ownership required that the buyer and seller gather a group of local residents on the property to be sold.
All the persons would march around the boundaries of the property and then assemble at its center. Once there the seller would dig up a chuck of sod and offer it to the buyer with the local resident’s witnesses. While offering the sod, the seller would recite the terms of the transaction. Ownership was transferred when the buyer accepted the chuck of sod from the hands of the seller. While the modern deeding processes have replaced the old livery seisin, it’s easier to understand the modern process when it’s compared with the old ceremony.
The modern deeding process today, paper replaces the chunk of sod. Usually a deed is a single sheet of paper. Like the sod, a new deed is created each time there is a sale. Like the ancient ceremony of livery seisin, it’s the whole deeding process which transfers ownership. All the parts of the modern process must be completed before ownership is transferred. These elements of the modern deeding process are execution, acceptance and delivery.
Execution refers to the format, language and signing of the deed document. Many states have enacted statues which specify a form for short, simple deeds. These are called statutory deeds. While all deeds are essentially similar, there are some slight variations from state to state. For example, while some states require that the deeds new notarized to be valid, most states do not. Notarizing involves marking signed documents in a way which indicates that an official of the state has determined that the signatures are valid.
By itself, execution of a valid deed does not transfer ownership. Delivery, like transferring the chuck of sod, merely involves transferring possession of a properly executed deed with the intention of shifting ownership. Delivery can be made to either the buyer or the buyer’s agent.
As so, if a mother executed a deed in favor of a daughter, but the deed was left in the mother’s safe-deposit box until her death, the deed would not transfer ownership because it was not delivered. Further, if a deed were deliver just as security for a debt, ownership would not transferred because there was no intent to shift ownership. Acceptance merely means that the buyer indicates a willingness to assume ownership. Retaining the deed after delivery usually constitutes acceptance. In a nutshell, this is the deeding process of today!
How To Succeed At Online Product Creation The Easy Way
Product creation could be a frightening subject for a lot of Internet marketers to face. Some folks who get in the game with the intention of making a full time income are completely ignorant as to how an online business operates. One of the most profitable ways to create online cash is by creating a product that others are happy to pay for.
Product creation is legitimate method of generating money through internet marketing but many entrepreneurs get it wrong. They start by imitating their Internet marketing gurus by creating information products on Internet marketing in hopes of getting rich the way their heroes did. The problem is that they usually don’t know what they are doing and enter a highly competitive niche with very little marketing experience or connections.
Here are a few tips for effective product creation that may help you get on the right track:
Start by finding a profitable niche with low to moderate competition. If you conduct some rudimentary market research and keyword research, you’ll find many opportunities in areas that will surprise you. Amazon and eBay are two great places to brainstorm for product ideas.
Developing Your Product does not have to be a difficult project. You can find experts in the right field for your niche and pay them to write the material while an artist designs the packaging and website or blog. You can outsource the entire product creation part of the project after you conduct the research and testing to ensure profitability.
Sales and marketing strategies should be created while developing the product and learning about the market. Some experienced marketers use pay per click to drive traffic to their offer page; some folks outsource the entire marketing campaign to affiliates through ClickBank or other affiliate programs.
Product creation does not need to be hard, particularly when the merchandise is electronic. E-books, videos, audio and multi-media products sell very well. They are distributed immediately to customers electronically. Once you have a good feel for a niche market, try to service your customers with associated products and upgrades. If you want to earn money online through product creation, you must understand supply and demand. The majority of new online marketers fail miserably because they go after highly competitive markets or forget to research their chosen niche properly. You have to create your products according to the needs, wants and desires of the prospective customers.
Information Product Creation: Never Compete on Price Because There Is Only One You
Information product creation requires extensive preparation, no matter which niche you work within and you want to make sure that your information product has a successful launch. That probably sounds scary and intimidating but here’s the thing: this is a one time effort and it will pay off in a foundation that is strong enough to get your ideal clients to invest in your high-end programs and services without the perils of a traditional funnel. This article will teach you a few of the things that you need to remember if you’d like to invest in yourself and start on the information product creation path using your unique talents and abilities. Remember that you never have to worry about anyone ripping off your ideas because if you understand how to properly position yourself around your story.
Understand Both Strengths and Weaknesses: It is good to have an impartial view of your own strengths and weaknesses when lay the foundation of selling yourself within the information product creation process. It helps you figure out where you are, what you lack and how to move forward so that you get as much growth as possible. It is more than important, it is urgent if you want to create fast success for yourself to have personal positive reinforcement and deep belief to provide yourself the support you need so that you can get over your own limitations to ensure that your information product is as valuable as it can be.
You also need to know exactly who your competition is so you can study them and use their methods to help you improve your own standings. Down recreate the wheel, but understand the wheel and position yourself going uphill from the competition. Check out which kinds of opportunities you’ve already got and try to figure out how best to use them while taking care to remember your strengths and weaknesses. This is a great way to figure out where you stand against your competition which helps you figure out how best to grow.
Launch on Time: No matter what, even if you haven’t officially announced your “launch date” you should launch the site when you’ve said you would. This will force you to stick to your goal and actually work on it. Thinking that “I’ll launch it when I think it’s ready to launch” will only hinder your efforts. You’ve got a responsibility that you need to live up to with your launch, and you can’t move back on that one. If you get close to your launch date and you are getting hung up on your self limiting beliefs in your information product creation, don’t worry this about getting it out there and not perfection. As long as it is usable you should launch it. Launching on time is the professional thing to do and it is more important than creating a “wow” effect in your site visitors. You can always update/upgrade your website when you have to, so there shouldn’t be any issue with that.
Analyze Your Own Concept: If you want to make your information product creation successful you need to understand how good your concept is: is it really going to work for your chosen audience or would something else be better? You already know about your competition; how does your concept measure up? If you haven’t come up with your own idea and are trying to work with someone else’s concept, do some more work on your own before your launch. People want original ideas because they’ve seen too many other me-too websites already.
Test Your Concept Before You Commit To The Information Product Creation Process: One of the biggest failures people have with information product creation is not testing an idea before putting a lot of effort into producing an information product. PPC to a small 5 page site with a landing page is a great way to test an offer before you even produce it. If people will sign up to get it, you can be sure that you can create an information product that will target eliminating the pain of your target market. The small amount of money will be invaluable in using crowd sourcing to direct the final outline of the information product creation process.
You’ll have lots of hurdles to clear after the launch of your information product and the only way to truly take care of them is to follow the advice in this article to work smarter. Plenty of people work hard, but it is the ones who work smarter who make real money online with the information product creation business model.
Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up
One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.
However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.
Your product creation system should do this for you if only to help you to understand the overall task.
But why?
In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!
So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)
The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.
Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.
Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.
By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.
You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.