One step that I believe all people should be taking to improve their personal finances is to look for a side business that they can do. If you haven’t begun doing this, the New Year is a great excuse to begin. And a bit more motivation to get you started is a small business idea contest which could mean $5000, a laptop computer and $200,000 worth of advertising:
Today more than ever, small business start-ups turn to technology to establish their competitive edge. By harnessing the speed and mobility of portable computers, the smartest small businesses find they can compete on a larger playing field, using their own speed and agility to provide a distinctive advantage.
Submit your business plan by January 31, 2007, and you will be entered for a chance to win a prize package consisting of $5,000, a laptop computer and $200,000 worth of SmartMoney and SmartMoney.com advertising for your new business.
Entering these contest are free and well worth the effort. Even if you don’t win, the process will make you think through your ideas more thoroughly and help move you along in the process of turning them into reality. You have a month to put it together, so start working at it.