Since 2013, there has been an increase in sellers pre-selling properties and listing them off the Multiple Listing Services(MLS). Core Logic reported that in 2013, 53% of real estate transactions conducted in the U.S. were not listed on the MLS. Most sellers do not hold a real estate license, and are not permitted to use the MLS – the standard listing portal for a licensed real estate agent. Although buyer’s agents are willing to work with For Sale by Owner (FSBO) listings, they are not permitted to give the seller any advice or access to marketing.

Sellers who want to list a FSBO may be losing out on tens of thousands of dollars in real market value on a property, especially if they list properties without an up-to-date appraisal or current market research. Often a seller will list a FSBO based on the sale price of a neighbor’s home, which may or may not be the best choice for a comparable property. A local real estate agent lists properties continuously in their regional sales area and is best suited to offer a market comparison in the neighborhoods he or she covers. Remember, tax assessments, though readily available, are not the best tool for gauging a property’s true market value at any give point in time.

One nuance about FSBO sales that should give sellers pause is the fact that an experienced buyer’s agent may hold the upper hand in a FSBO real estate transaction. Why? The seller may not be familiar with state laws and fiduciary codes and/or ramifications of contract issues that crop up during negotiations. Even with a lawyer creating a real estate contract on a property, the final outcome of a For Sale By Owner (FSBO) real estate sale may be held up over a variety of issues. Experienced REALTORS know how to circumvent these roadblocks quickly and keep a property transaction on track.

FSBO is Not Equal to a REALTOR’s Advertising Potential

Working with a professional REALTOR is worth the commission under these circumstances. A FSBO has a limited opportunity for marketing, becoming more heavily reliant upon web real estate portal sites such as Zillow.com. With a seasoned agent, advertising penetration for a property is far greater. For example, I list my properties for sale in Williamsburg, Virginia on four MLS websites. This gives my sellers and extensive area of coverage so that other agents can see the listing and buyers on the MLS can also see it. My MLS listings are also republished on Realtor.com, which is owned by the National Association of Realtors and is also a reputable website in the industry.

My broker, Coldwell Banker Traditions, also has a listing mechanism on its locally based website, where my client properties receive excellent visibility. Not all REALTORS list properties this widely on the Web, so check with individual real estate agents and ask them for specific information about advertising provided for client listings through MLS and other venues on the Web.

There are other disadvantages to listing properties without an agent. If the owner happens to miss a showing with a potential buyer, he or she may miss the opportunity to sell a property altogether. For real estate sales in my territory, Southeastern Virginia, an owner is not permitted to use legal forms created by the Virginia Association for Realtors (VAR), unless they are licensed. Real estate forms are formally copyrighted by the VAR and sanctioned for use only by membership. This puts the seller at another distinct disadvantage in the transaction. Having to create legal forms anew is not only time consuming, it may increase costs for an attorney.

Besides some of the more obvious advantages to listing with a licensed real estate agent, there is also a common misconception that the use of a real estate lawyer will save money versus paying agents’ commissions. The seller still has to pay the buyers agent fees (which is variable by state and type of real estate transaction). All FSBO sales contracts must be created and finalized with a lawyer. The sales process involves having the buyer read the contract and make changes. The lawyer revises the contract appropriately and it is presented at closing. Lawyers in Virginia charge far more to create an original contract (in my experience) than the commission on the seller’s side – in most instances. Sellers who want to go it alone should seriously consider the lawyer’s fees may be more expensive, and are largely unpredictable, depending upon the number of legal forms needed, length of negotiations and additional contract requirements.

Sellers need to forgo the FSBO and get smart in a real estate market that is definitely on the move in many regions of the U.S. Pricing is trending higher in the 2014 market and inventories are low in many markets. So sellers need to have expert advice on pricing real estate at current market value now – more than ever. In addition to potential loss of profits from home sale, the seller may easily run up against legal and contract issues that may not be quickly resolved. Worse yet, these matters may be settled too late to adhere to the time limits on certain loans such as FHA and USDA. If the seller does not know what they’re doing and timeframes are not heeded, this can cause the buyer to forfeit a loan. In turn, the property loses a good buyer and valuable time on the market.

Be wise and don’t engage in risky business – listing a property off the MLS or without a licensed agent. It is best to have the representation of a licensed agent for a variety of reasons. The main reasons are: the seller will have expert advice, will most likely sell the property sooner and the property will command a fair market price. Say no to FSBO. Instead, seek out a capable real estate professional in your region for piece of mind.

There are hundreds of ways for a small business owner to minimize their tax bill. Although the first two tips below may seem obvious, most small business owners pay too much tax because they aren’t tracking those two items properly. As for the third tip, a small business owner rarely saves money by doing their own taxes. Read on to find out why.

Tip #1 – Carry a Mileage Log

Tax professionals are always amazed at how many business owners don’t record every single business trip in a mileage log. At roughly $.50 per mile that bad habit can cost you hundreds of dollars in missed tax savings each year. And, for those who think they can just guess, failing an audit for business mileage is pretty expensive after they add interest and penalties.

Purchase a printed log or a small office appointment book, and keep it in your car. Put it where you can reach it from the driver’s seat. Making the task quick and easy is the key to recording every mile driven. For regular trips, begin by developing a list of 1-2 letter codes for common errands. Record these codes in the front of your mileage log.

For example, you might use P for post office and OS for the office supply store. Next to each code record the exact mileage from your place of business to that location. Once you know it is.6 mile from work to the office supply store, you can simply write OS.6 on your log each time you follow the regular route.

For one-of-a-kind business errands you’ll need to note the starting and ending mileage; enter the difference on your mileage log. At the end of each month total your miles and write that total at the bottom of the last calendar page. At tax time, add those figures together and you’ll have the total business miles driven, and the documentation to back up your deduction.

Tip #2 – Track Every Penny of Expense

If you don’t understand the tax code you’re missing deductions. By the time you have your taxes prepared it’s too late to do proper accounting. And, if you’re not sure about what you can and cannot deduct in the first place, you will always pay too much tax.

Whether you use a computer accounting program or record your expenses on paper, the tracking method is the same. You have to get a receipt for every single penny spent, put those receipts in one location where you can find them at the end of the month, and sort, total and post each category monthly. Regular accounting shows the IRS that you are serious about making your business profitable, and can keep you from being categorized as a hobby industry. A hobby industry cannot take advantage of the business tax code.

Tip # 3 – Hire A Qualified Tax Accountant

There are thousands of people offering tax preparation, but you need to find someone who is qualified and will educate you about current tax law. If you’re in business for yourself, skip the national chains; many allow first-year preparers to do business returns. Most tax accountants are just as reasonably priced, and better educated on how a small business can use the tax code to increase their profit. Ask others in your profession for a recommendation.

But remember, even the most qualified accountant can do your taxes wrong if you don’t provide them with the correct information. It’s your job to learn everything you can about what people in your profession are allowed to deduct and how to keep audit-proof records.

When you’re three for three, charting every mile you drive, tracking every penny of expense, and working with a qualified tax accountant, you’ll pay less tax. And paying less tax always increases the bottom line.

Our firm does not do taxes, even though I did them for 12 years. When I began my practice that was a service I simply did not want to offer. However, we do partner with CPAs and other tax professionals to be certain that the guidance we provide our clients is in line with the advice their tax professional give them.

As part of that guidance, there are a few tax advantages that most business owners either don’t know about or simply don’t take advantage of. There are also some “deductions” that should be avoided due to misguided tax information. Here is a list of the five most common.

Track All Expenses Consistently

Track all of your expenses including the ones you pay for personally. Business owners always ask me “what about the stuff I paid for on my personal credit card?” Yes it is all deductible; you just need to get it on the accounting records and account for it. Keep in mind that the credit card is personal so don’t add that account to your chart of accounts. They will count as owner or shareholder contributions. TIP: Record these charges monthly so you don’t forget at the end of the year.

Avoid Money Leaks

As a small business owner you are sometimes faced with cash flow issues. As a result you get behind on paying your bills and your taxes. While your vendor may not assess late fees, you better believe the IRS will in the form of penalties and interest. And these my friend are non-deductible. Nope not even the interest portion. TIP: Plug this money leak by paying your taxes on time and use those funds on an expense that is deductible.

Maximize Retirement Contributions

Most small business owners are so busy working in their business that they never stop to think about what they will do once they retire. I’m not even sure you think about retiring at all. But the fact is you will — one day. So you have to sure to have some sort of nest egg. There are several retirement plan options that will allow you to put aside some funds tax free for your retirement and they are all tax deductible to the business. Yes you can have your own company retirement plan. Cool right? TIP: Contact your tax advisor and your financial advisor to discuss retirement plan options.

Expenses Paid Personally

I cannot say it enough – stop co-mingling your personal expenses through the business. They are not tax deductible and us accountants — we know when you try to do it. Believe it or not we are smarter than the average bear. TIP: Don’t co-mingle.

Section 179

The IRS allows you to expense the purchase of a major fixed asset all in the first year instead of depreciating it, baring certain qualifications. You can deduct up to as much as $500,000 and reduce your taxable income to zero. TIP: Hold off buying any and all equipment until December if you can so you can buy just enough and not too much.

What tax tips have you taken advantage of to help keep more money in your business?

For Sale by Owner or FSBO is when the owner of a home attempts to sale the home without the use of a listing real estate agent. Due to declining property values, many owners are opting to sell their own home in an attempt to recoup some equity or perhaps break even and avoid a short sale situation. Some owners have sold their home with success; however, in this market with the inventory of homes at an all time high it is crucial that the owner brush up on “showing the home skills“. Here are a few tips to consider and possibly apply to your showing technique:

The Stalker Homeowner: Don’t follow the prospective buyers into each room and stand there. The key is to point them in the direction then let them look. Standing over a buyer makes them feel uneasy and makes them want to hurry on their way. Give a short guided tour and point out anything that can easily be overlooked. Then tell them to feel free to open doors and closets and you’ll be in the yard if they have any questions.

The Never ending Talker: Stop talking! Disclosure is necessary but prospective buyers do not need over explanation of each room and every decision you’ve made. If your appliances are more than 8 years old, there is really no need to point out the fact they may be a “brand name“. They are just old to a buyer. Drawing attention to the name is only drawing attention to their age. If your kitchen and fixtures throughout the home are more than 10 years old…your home is dated. Like it or not, your home is going to need updates from the prospective of most buyers. Although you may be proud of the brass chandelier hanging above the entry, many buyers will be calculating costs to replace it.

The Tattle Tail: No need to point out the potential honey do list you have not had a chance to do. Once, I showed a FSBO home and the owner had hardwood floors. Rather than just pointing out the hardwood, she went into detail of how they can be refinished. Then the buyers realized the floors really could use a refinish and that was more work to do. If it is not a disclosure situation, then do not point out what is so time consuming that you did not even tackle it prior to selling. If the buyer commented about the floor, that would be the opportunity to explain a possible solution.

Know Your STUFF. Know your energy bill averages. Know your neighborhood and amenities; know where parks and schools are located (you may not have children but a prospective buyer could). Know the basics of your home construction (year, energy features, foundation type, and furnace location/type). Know your property lines (if they are not clearly defined or perhaps they extend past what may appear to be the end).

Remove the Sentimental Feelings From You and Your House. Buyers do not care that you paid so much money to paint the dining room green…chances are, they don’t like it and plan to repaint. If you go on in detail about your decisions on what you have done to the home (or the garden you worked so hard to plant on the side yard) buyers feel guilty as they may have plans to turn your hard work into a RV driveway. Point out unique features that may go unnoticed then retreat to the front yard. Wait for them to ask questions and give them a SIMPLE answer. Be welcoming and polite, but they are not here to meet you. Clean out your personal belongings and pictures. It’s hard enough that someone is living there, and that the person who does live there is offering a guided tour…but if on top of that all of your family pictures are everywhere. It will be hard for a buyer to imagine it to be their home.

If you have the phone number, call the next day for follow up. Ask simply “what did you think of THE home (not “MY” home)?” Ask how they felt it showed and the pricing as compared to others. Listen to what they say. You may not agree with how they felt but use it as constructive criticism. Remember, this is now business…not personal. Treat it as it is…a transaction. Do not rule out a buyers agent if they would like to sell your home. You will still save money and if it means selling the home faster, it will be in your best interest.

What Is For Sale By Owner?

For Sale By Owner or Owner Assisted Real Estate is the process of selling your own home without the aid of a real estate agent. Whilst most may not have heard of the For Sale By Owner approach or believe that it is an allowed practice, you can be sure that it has been around for an extremely long time and it is 100% legal, despite what a real estate agent may tell you. Most people who use the For Sale By Owner Real Estate method are Property Investors and those who are looking to make an extra buck or two when selling their home or investment property.

How Does It Work?

Selling your own property is a multi-faceted process that only the brave normally take on but if you do your research, like reading this article, you will have no troubles. First, you need to think about how you are going to market the property such as writing listing copy, taking images for the property etc. This is something that doesn’t cost you a cent and can be done in little over an hour, all you need to do is sit down and write a description of your property and then walk through your house taking some nice photos that will appeal to potential buyers.

The next step is the negotiation and sales side of the process. You would be wise (if you have not had previous sales experience) to speak to someone who you know that knows about the art of sales and negotiation, like a friend. You would also be wise to speak to a lawyer or conveyancer about contracts and agreements for the sale of your property.

How Much Does It Cost?

When it comes to selling your own home, it will only cost as much as you would like it to cost. Below are some of the things you may need to consider purchasing when you are going down the For Sale By Owner path.

• Listing Your Property (Free & Paid Options)
• Photographer (Optional)
• For Sale Signage (Optional)
• Conveyancer / Lawyer (Essential)

Are There Any Hidden Surprises?

If you do your research, no. The whole For Sale By Owner concept is fairly transparent and you have full control over the process, the only catch is that you have to do most of the work yourself. Creating your advertisement or property listing, taking the images of your property, posting it online, erecting “For Sale” signage at the front of the property for sale, handling enquiries, negotiating with potential buyers, sealing the deal and having contracts or agreements written up.

It may sound like a lot to do but when you think of it, the bulk of the work goes into the advertising of the property which may only take you an hour depending on how quickly you can write a spiel on your property and how good you are with a digital camera, the rest is simply taking phone calls and having someone like a conveyancer draw up the contracts for your property sale.

One questions many “for sale by owner” sellers ask is “how can I determine if a potential buyer can afford to buy my house?” In the real estate industry this is referred to as “pre-qualifying” a buyer. You might think this is a complex process but in reality it is actually quite simple and only involves a little math. Before we get to the math there are a few terms you should understand. The first is PITI which is nothing more than an abbreviation for “principal, interest, taxes and insurance. This figure represents the MONTHLY cost of the mortgage payment of principal and interest plus the monthly cost of property taxes and homeowners insurance. The second term is “RATIO”. The ratio is a number that most banks use as an indicator of how much of a buyers monthly GROSS income they could afford to spend on PITI. Still with me? Most banks use a ratio of 28% without considering any other debts (credit cards, car payments etc.). This ratio is sometimes referred to as the “front end ratio”. When you take into consideration other monthly debt, a ratio of 36-40% is considered acceptable. This is referred to as the “back end ratio”.

Now for the formulas:

The front-end ratio is calculated simply by dividing PITI by the gross monthly income. Back end ratio is calculated by dividing PITI+DEBT by the gross monthly income.

Let see the formula in action:

Fred wants to buy your house. Fred earns $50,000.00 per year. We need to know Fred’s gross MONTHLY income so we divide $50,000.00 by 12 and we get $4,166.66. If we know that Fred can safely afford 28% of this figure we multiply $4,166.66 X .28 to get $1,166.66. That’s it! Now we know how much Fred can afford to pay per month for PITI.

At this point we have half of the information we need to determine whether or not Fred can buy our house. Next we need to know just how much the PITI payment is going to be for our house.

We need four pieces of information to determine PITI:

1) Sales Price (Our example is 100,000.00)

From the sales price we subtract the down payment to determine how much Fred needs to borrow. This result brings us to another term you might run across. Loan to Value Ratio or LTV. Eg: Sale price $100,000 and down payment of 5% = LTV ration of 95%. Said another way, the loan is 95% of the value of the property.

2) Mortgage amount (principal + interest).

The mortgage amount is generally the sales price less the down payment. There are three factors in determining how much the PI& interest) portion of the payment will be. You need to know 1) loan amount; 2) interest rate; 3) Term of the loan in years. With these three figures you can find a mortgage payment calculator just about anywhere on the internet to calculate the mortgage payment, but remember you still need to add in the monthly portion of annual property taxes and the monthly portion of hazard insurance (property insurance). For our example, with 5% down Fred would need to borrow $95,000.00. We will use an interest rate of 6% and a term of 30 years.

3) Annual taxes (Our example is $2,400.00)/12=$200.00 per month

Divide the annual taxes by 12 to come up with the monthly portion of the property taxes.

4) Annual hazard insurance (Our example is $600.00)/12=$50.00 per month

Divide the annual hazard insurance by 12 to come up with the monthly portion of the property insurance.

Now, let’s put it all together. A mortgage of $95,000 at 6% for 30 years would produce a monthly PI

Putting it all together

From our calculations above we know that our buyer Fred can afford PITI up to $1,166.66 per month. We know that the PITI needed to purchase our house is $819.57. With this information we now know that Fred DOES qualify to purchase our house!

Of course, there are other requirements to qualify for a loan including a good credit rating and a job with at least two years consecutive employment. More about that is our next issue.

You can rely on on a reverse phone lookup directory when you need to find out who is the owner of the phone number that has been calling. A reverse phone lookup directory is useful for so many things.

You may have a phone number and need to number to the name of the owner, you may be suspecting your partner of cheating and need to find out for sure, a strange number might have suddenly show up on your phone bill that you need to figure who it belongs to, it may also be that you have been having problems with pranks calls or telemarketing ohone calls.

It is always a good idea to know who is calling you or your daughter at odd hours of the night or who your spouse has been secretly talking to. Unfortunately it is not always easy to find a cell phone number owner has there are no directories where you can enter a cell phone number and get the details of the owner of the cell phone number for free.

The free directories where creately solely for land line numbers and those that you see that claim you can use their service to find a cell phone number owner for are only using the word free to entice you to sign up for their service. These so called directories are not actually free as they either will redirect you to a paid directory own by them or that they are affiliates of or if not that, sell a much more expensive product to you before letting you conduct the search.

On a personal note, I can not cope with anyone trying to play on my intelligence in anyway and I sincerely believe it is better for anyone to stop wasting their time by looking for free directories where they can lookup a cell phone number owner for free as there is no such thing.

However, it is possible to find out who owns any type of telephone number using the paid reverse phone lookup directories that are available on the internet. With a good and reliable directory, you will be able to find out the name of a cell phone number owner and some other details about him or her right from the comfort of your home.

But, even with the paid directories, you can still lose your hard earned money as there are directories that are not regularly updated which means the tendency of getting wrong or in accurate information if you use any of this directories is very high.

Some tips on how to choose a good directory:

Signup only with a directory that has a considerably large database, the larger the database better your chances of find the details of the cell phone number owner.

Follow a friend’s recommendation or read reviews online. Note that is is always very important to look for facts and not opinions when reading reviews.

And best of all, to avoid using your hard earned money to buy out dated information, you should only sign up with a directory that have a very good refund policy so as to enable you to file for a refund if you happen not to like the service.

Okay, you are a business owner, or maybe you’re just dreaming up your ownership. Possibly, you’re one of the lucky few and managed to grow your business. Or, possibly, you’re just daydreaming about it. Millions of important business issues occupy your mind. How to increase sales? How to manage expenses? How to make your marketing more effective? Etc., etc., etc…  Yet, in most cases one thing is forgotten by most business owners – Business Exit Strategy. Day-to-day operational challenges keep you from thinking strategically.

 

“What!? Why should I plan my business strategy now? I am not planning on selling the business for another 5-10 years. When time comes, I’ll figure it out…”

 

Your business is most likely your most valuable asset. Shouldn’t you be rewarded at the end for countless hours and sleepless nights you spent on growing your business?..

  

Regardless how you started the business, at some point you have to leave it!

There are many ways to “exit” business:

• pass it to your heirs,
• sell your share to a partner or employee,
• find an outside buyer,
• simply close the door and leave.

Most definitely the very last option is the least desirable, yet, not surprisingly, the most common one. In most cases, business owners neglect planning their exit strategy assuming that at some point solution will come. However, nothing happens on its own. At some point business owners may loose their interest in the business, can get sick, old, incapable to manage any longer. It doesn’t happen overnight. Sometimes it takes years. Depending on its subjective circumstances, business starts slowly or rapidly decline. You may think that situation isn’t that bad and you can fix it just by applying some effort… Wishful thinking! Unfortunately, it never happens! Business will keep declining to the point that it isn’t worth anything and the only option you have is to close the door and leave.

Quite frequently business owners assume that their children will take over the business. In majority of cases the assumption is wrong. Children have their own life and their own plans, and don’t want to take over  family operation.

Selling to a partner or employee is quite a good idea, especially if you have to carry a note for the part of the purchase price, primarily because you know well that your successor is experienced operator and most likely will succeed. Yet in most cases these transactions aren’t as financially rewarding as selling to outsider; you may loose about 20% of the purchase price. If you decide to take this route, start training your successor in managing the business as early as possible.

Business brokers at Global Business Group face all these challenges every single day. We constantly suggest business owners to think about their business’ future and help them planning the exit. Have a question about your particular situation? Contact professional business broker for complimentary consultation. There is always an exit and experienced business brokers are probably the best advisers in these matters.

Do you know how to locate the owner of an unlisted phone number? Some years ago, before the advent of the Internet, locating the owner of a particular is mostly done through the searching of names on the white pages. The emergence of mobile and unlisted phones have brought about further technological advancement on how to trace the owner of particular phone number from a spot without having to step a foot outside.

Locating the owner of a particular phone number can be done through a process better known as reverse phone lookup. Reverse phone lookup service providers operate by buying access into subscriber databases of various mobile operators and phone companies. By combining the various databases, they created a huge central database that provides an accurate and up to date information which they provide for their members who needs it.

Locating the details of the owner of a particular phone number can be fast and easy simply because most the work on information gathering have been done by the services company. All you need to do is subscribe and enter the phone number which you are researching into the online form. Partial information like precise location (city and state), where the number is registered will be provided.

To find out the full details about the owners name, you will need to pay a minor fee to have access to the service. Most reliable reverse cell phone lookup services charge just $20 for a single search and $40 to have unlimited access for one year. Having done that, the following information are released to you: The full name of the owner of the number you are trying to trace, the current and previous addresses, marital status, number of kids, place of work, criminal records, mobile phone number issuing company or carrier etc.

There are advantages of using a reverse cell phone lookup and these includes:

*Reporting any one who is annoying you with prank calls, or threat messages by clicking on “file complaint”. This makes reporting lawless people to the authorities very easy.

*With reverse phone lookup, It is easy to delete your own phone number from public directories. This will not allow telemarketing companies acces to your number.

*Reverse phone lookup search is totally confidential and legal. The person you are trying to lookup will not be notified of your activities.

* Most providers of reverse phone lookup have a good refund policy. This means that if you are not satisfied with their policy for whatever reason(s) you can always ask for a refund.

*A subscription to a reliable reverse phone lookup provider can be very cheap as low as $39.95 to have unlimited access to lookup as many numbers as possible for one year.

There are various reasons to locate the owner of an unlisted or mobile number. But whatever the motivating factor may be, it is always good to subscribe to a reverse phone lookup because you have a right to know the truth and you never can tell what you will find out. People do tell lies.

It’s important to have a deep knowledge of the scrum framework, practices and principles to enrich projects of any scale. Only they can a professional aim to contribute towards the growth and success of the organization in a true sense. You can also become a certified scrum product owner and gain key skills and knowledge to take up the role of a product owner on a scrum team. This will help your be at the closest to the business side of the project and make your contributions become obvious. As a product owner, your job will be to get the product out and make sure that all the stakeholders are happy with the processes and delivery in place.

Further, becoming a product owners means you will require to maintain the product backlog and let the priorities be known to one and all in the team. With certified scrum product owner, you can take a giant step forward towards becoming more agile and contributing towards projects and products of your organization. The certification is great at learning the foundation of scrum and understanding the role of a product owner in any organizational set up. Once trained, you will be able to motivate the peers and employers with the core knowledge of scrum. The best thing would be to expand career prospects across industries where agile practices are used and adopted.

Similarly, becoming a certified scrum product owner will give you a chance to engage with recognized scrum experts and share a lot about continuous improvement. Above all, you can be in a position to take up the role of a product owner on a scrum team and make the telling contributions to projects of any scale and dimensions. The certification is intended to broaden the knowledge about the way scrum works by emphasizing the role of a product owner for a scrum team. Your job will be challenging with focus areas including ROI, backlog management, managing stakeholders and so on. This is why the knowledge of agile methodology can work wonders for your career for sure.

On the other hand, professionals can enroll in online green belt training and gain knowledge about implementing six sigma principles and making difference to their organizations. Green belts are required to guide a range of different small-scaled projects as well within the organization and make their presence felt in true sense. They have to work under a black belt and gather key information to support the project. In addition, green belts are supposed to provide statistical feedback to belt belts to make the project situation obvious or known at a particular point of time. They have to do most of the six sigma work and ensure success to projects and processes within an organization.

More importantly, the thrust area of online green belt training is to make trainees aware of the ways to utilize different tools and create a helpful working environment. Green belts may not need to be a statistician and good at math, but their job would be to calculate sigma six values of any project at a particular point of time. With the training available online, the need to compromise with the regular job and other schedules is gone. Anyone can get the flexibility of time, money and scheduling in order become a trained green belt professional. This is how the foundation of a great and prosperous career is laid with ease.