Category: Educational

Pros and Cons of Private Label Resell Rights

Business opportunity

At any given moment in time, there are a number of individuals who are searching the internet in hopes of finding a legitimate money making opportunity. Many of these individuals are at-home parents, others are retired, and some just want to find a better opportunity. If you are one of those folks who are interested in making money in a relatively easy and straightforward business opportunity you may want to take a look at private label rights products. It may very well be the opportunity you have been searching for.

Private label rights (PLR) and private label resell rights (PLRR) are typically offered by the products’ creators. And although these individuals may have the time and the knowledge needed to create new products, most do not have the time or the knowledge to sell those products. Instead of selling their own products, many rely on others to do the selling for them, so that when you obtain the resell rights to a private label product, you are actually buying the right to resell that product.

Buy and resell

These products most commonly include software programs and e-books, but they are not limited to just those two categories, since written content for websites and blogs, graphics and videos are also made available by some creators. After the transaction has taken place, you will then be responsible for selling the product and, in fact, you will make money from each sale that you successfully process. So if obtaining the private label resell rights to a particular product sounds like an amazing business opportunity, it just might be the right one for you.

However, as with all other business opportunities, it is important to remember one thing: not all opportunities work for everyone. This means that although someone you know may be able to turn a profit buying the resell rights to an e-book or a software program, you may not necessarily be able to do the same thing. So before investing in a private label product, no matter what that product is, you are encouraged to familiarize yourself with the advantages and disadvantages of private label rights (PLR) and private label resell rights (PLRR). This step is important in determining whether or not this business opportunity can help you make money online.

Overnight success!?

The biggest advantage to private label resell rights is that you get to make money selling a product that you didn’t even create; and in some cases, you are even allowed – and may be required – to modify the work after which you can claim it as your own. This means that overnight you literally could become a freelance writer or a software developer simply by purchasing the resell rights to one such product, changing it to your liking and reselling it.

Another advantage to private label resell rights it the flexibility you will have. Each time you sell the product to which you have acquired the resell rights, you will make money. The amount of money you make will all depend on how many hours you work, and these hours could be as much or as little as you want. In fact, many private label resell buyers are able to make money selling their products working only a few hours a week.

Pros & cons

While there are advantages to obtaining the resell rights to a private label rights product, there are disadvantages as well. To make money, you must able to find a product that will sell. Unfortunately, too many resell right buyers do not research a product before buying it. Those individuals usually end up losing money because they purchased a product that was poor in quality or one that couldn’t sell.

Of course, this disadvantage doesn’t have to be one. You can learn some great tips on how to find and resell products at http://PLRTreasures.com where you can download a bunch of free related and other informational products. All you need to do is research each product before agreeing to purchase it. This research should enable to make money, not lose it.

The above mentioned advantages and disadvantage, to buying private label resell rights, are just a few of the many. Despite the fact that there are additional advantages and disadvantages, most people find that the advantages outweigh the disadvantages; thus, making this a profitable business venture.

Your PLR collection library
Direct from PLR treasury!

About Chronological and Functional Resumes

Use of a chronological resume

The typical resume is a one-to-two page document summarizing an individual’s career objectives, professional experiences and achievements, as well as his/her educational background; and while there are numerous ways to format a resume, there are two basic resume styles. The chronological resume and the functional resume.

As its name implies, a chronological resume is one that lists your experience and education in order, beginning with the most recent jobs or achievements. This type of resume is sometimes also referred to as reverse chronological resume, because the order of which items are listed begins with the individuals’ last or current employment details and continues in reverse order to the first or oldest employment details.

 

A chronological resume is generally preferred by –employers, since they will want to know what job an applicant currently holds so that they can better asses his/her qualifications for the job in which s/he has interest. The same is true for an applicant’s education since a potential employer would rather know that applicant’s most recent scholastic achievement. By listing experiences and education in reverse chronological order, a job applicant shows his/her potential employer the overall career progress s/he’s made.

Emphasis on employment history

Such reverse listing also helps in determining the length of employment at each organization, and indicates any gaps in the individual’s career (in case of gaps, make sure to address them in the cover letter as to not lead a potential employer to believe that s/he is omitting information on purpose). If you are the job applicant, a chronological resume should list your current job, as well as two to four previously held positions.

However, you should not skip any employment information intentionally; and if your employment history is long, or if you have held jobs further in the past that align well with your current career objective, you can address these qualifications in your professional profile or in your cover letter. Chronological resumes are the most commonly used style, and work best for anyone who has had some professional experience.

When a functional resume is useful

Functional resumes focus on the individual’s qualifications, not his/her career timeline, because this style of the resume highlights what skills that person has, rather than where and when s/he acquired or utilized them. In other words, if you are an applicant writing a functional resume, you would forego listing your experiences by job titles and, instead, your resume will contain sections titled by your skills such as verbal and written communication, customer satisfaction and project management, among others.

This resume style is recommended for college students seeking internships or their first jobs out of school; for those with no professional experience; those who have not worked for some time; or for career changers. While potential employers will appreciate the overview of your skills, you should consider using a chronological resume if you have any professional experience; or you can even use a combination resume over the functional format.

Combination resume: A hybrid of resume styles

A combination resume, although not often discussed, has become a popular format in recent years; and as its name implies, it is a combination of chronological resume style and functional resume style. This hybrid style allows professionals to highlight the qualification they have that are critical for the job of their interest, while at the same time listing employment and educational history in reverse chronological order.

A word of caution, however: Don’t try to do too much when using a combination resume, by going over board with the type and number of sections you include in your resume. It is best to keep the information listed – even in the combination format – to what is relevant for the job. The same rules apply for each style. Don’t exceed two pages; simply tailor your resume to your career objective and put your best foot forward in order to get the interview, and eventually the job you desire.