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The 3 Easiest Ways to Start a New Business Succesfully

By Joe | Nov 25, 2019 | Comments Off on The 3 Easiest Ways to Start a New Business Succesfully

Starting a small business should be easy. It seems overly complicated for new entrepreneurs to successfully launch a new business. The truth is that over 98% of new businesses fail within 10 years. If you want to know how to be in the 2% that succeed here are the 3 easiest ways. Easy Way #1…

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Why Businesses Fail – The Truth

By Joe | Nov 12, 2019 | Comments Off on Why Businesses Fail – The Truth

What’s been widely accepted as the reasons businesses fail such as a lack of capital, poor management, expanding too quickly, etc….is true. Those reasons fit well for established businesses with employees but do not fit for sole proprietors. There are many reasons why businesses fail and all of them have been written and spoken about…

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Are S-Corps on Their Way Out?

By Joe | Nov 6, 2019 | Comments Off on Are S-Corps on Their Way Out?

What is an “S-Corp”?  An “S Corp”, also known as a subchapter or small business corporation was created in 1958. The political premise was that it was going to encourage and support the creation of small businesses while eliminating the double taxation that conventional corporations were subjected to. Before the S-Corp S-Corps were born because…

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Why Legal Zoom Should Stay Out of The Accounting Business

By Joe | Oct 31, 2019 | Comments Off on Why Legal Zoom Should Stay Out of The Accounting Business
selected for audit

  There is a serious problem in the accounting industry that can be traced back to Intuits’ QuickBooks program. The program touted its ability to save small business owners money on their bookkeeping by doing it themselves. It didn’t really work out the way people expected. “Bookkeeping” was being done by amateurs and it turned…

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How To Quickly Create a Killer Business Plan

By Joe | Oct 27, 2019 | Comments Off on How To Quickly Create a Killer Business Plan
new business start up

Starting a business is way too complicated to begin with, and when you ask someone to layout a “Business Plan” you highlight that fact. The 1st business plan I worked on was my own about 30 years ago. I was presented with a 30-page questionnaire which I really enjoyed working on because I assumed that…

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Awesome Paperless File Systems

By Joe | Oct 23, 2019 | Comments Off on Awesome Paperless File Systems
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We have heard about paperless file systems since scanners were created. The truth is that being completely paperless is a fantasy. People still like to hold paper, read from paper, file paper, and store paper, even though it’s inefficient and outdated. The cost of saving, filing, retrieving and storing paper makes going paperless a necessity.…

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Small Business Start Up Mastermind

By Joe | Oct 21, 2019 | Comments Off on Small Business Start Up Mastermind
Mastermind Principle

“No two minds ever come together without, thereby, creating a third, invisible, intangible force which may be likened to a third mind.” By Napoleon Hill “Think and Grow Rich” When you look behind the scenes at how individuals became successful you will find that they had surrounded themselves with individuals that played a key role…

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The 5 Most Important Steps When Starting A Business

By Joe | Oct 16, 2019 | Comments Off on The 5 Most Important Steps When Starting A Business
STARTING A NEW BUSINESS

Item 1 3 Questions Before you go spending time and money there are 3 questions I ask every prospective business owner. What problem do you solve? Who do you solve it for? How do you solve it? Once you can answer these questions you may be ready to jump into this business. If not, I…

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Books and Records-what they are, who needs them and why

By Joe | Oct 9, 2019 | Comments Off on Books and Records-what they are, who needs them and why
Books and Records Keeping

“I owed the government $3,400 in taxes. So I sent them two hammers and a toilet seat.” — Michael McShane Keeping “Books and Records” are a requirement for every business owner. If you ever received a letter that starts with “putting all business and other reasons aside we command you to produce your books and…

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Payroll and Independent Contractors

By Joe | Sep 22, 2019 | Comments Off on Payroll and Independent Contractors
Payroll and Independent Contractors

Compliance Processing Taxes Insurance  Payroll is like a giant octopus wrapping its long tentacles around your business and personal life. Those income, social security, and unemployment taxes are being used to churn the economy. The need for the government to collect supersedes any political jargon you hear about them “helping” small businesses. The truth is…

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