What About The First Step Is Most Important? Why is it that people find the process of building a business from scratch difficult? For many, taking the first step is always the most challenging part. It’s not uncommon to see people never do what they have in...
Are You Making a Bad Situation Worse? You can’t always expect things to go smoothly as you run a business. If anything, you will hurdle obstacles and experience failures — but it’s all part of the process! The author T.S. Eliot said it better himself:...
Is Your LLC Giving Your Money to the IRS (Part 3) In Parts 1 & 2 of this blog series “Is Your LLC Giving Your Money to the IRS?,” you learned the unique business structure of the LLC and how it can be taxed four different ways under IRS rules. By now, you...
Is Your LLC Giving Your Money to the IRS? (Part 2) Welcome to Part 2 of our LLC series blog, “Is Your LLC Giving Your Money to the IRS? “. In Part I, we discovered that, for tax purposes, the LLC business structure is not recognized by the Internal Revenue Service and...
Is Your LLC Giving Your Money to the IRS? (Part 1) One of the most important decisions you will make as you start your business is what kind of legal structure you will choose. Often people make costly mistakes when they select the way they set-up their business. ...
How can you have a fun business? There is no law against enjoying working in your business! In fact, making your hobby into a business is a great idea! If you turn your hobby into a business, you will love what you do and be diligent about working it. And...