Simply Said - A Clean And Profitable Decorating Home Business

Simply Said has created a product that gives you the opportunity to use sayings and designs to bring the perfect atmosphere to your home or office. You select the size, design and font! We focus on customizing and catering to you! Express yourself with our high-quality vinyl that is so thin it looks like it has been painted on. Using Simply Said Vinyl lettering is a great way to decorate your office, home, or dorm room. The designs are cut from vinyl, and you have many options to help you create the environment you desire. Using Simply Said designs for decorating is economical, mess free, easy, and removable when you are ready for a new look. We carry both interior and exterior vinyl that can be applied to most hard surfaces. For walls that are heavily textured or surfaces that are more porous we suggest using our exterior vinyl. This vinyl is stickier and also has a glossier finish.

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Starting A Small Business - Part 3 - The First Year

Now that you’ve got your business put together, funded and up and running, you’ll be faced with a whole slough of new challenges; constantly innovating, generating profits, planning for the future and more. Here’s a few things to expect and to plan for in the crucial first year of your new business.

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Starting A Small Business - Part 2 - Launching Your Business

Starting a small business is a big process, but in this article we’ll focus on some of the finer details of launching your business. You can have a perfect business plan, all your fundraising completed and all of your paperwork and legal documents ironed out, but if you duff it in the first weeks and months, your business will fail or at the very best, struggle.

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AdKing - Make Money With A Mobile Home Business

Why Mobile Advertising?
Businesses Need It. Especially During A Down Economy.In difficult economic times, it becomes extremely critical for business owners to have direct access to their customers and to be able to drum-up more business whenever they need to. By using "mobile text messaging" as a marketing tool, businesses can immediately launch UNLIMITED sales campaigns and market to their customers — easily, quickly, and with great accuracy - more than any other marketing media.

It's An Important Marketing Tool In Our Mobile Culture.Text Messaging empowers businesses to send "just-in-time" messages when it is most critical for customers to have it. With a 95% Read-Rate - which is better than Print, TV, or Email - text messaging can be used to directly reach customers anytime and anywhere to deliver marketing messages like no other communications channel can provide. The customer need not be in front of their computer to get the message.
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Starting A Small Business - Part 1 - Before You Start

Starting a small business is a big endeavor that no one should enter into lightly, but if done well, it can be one of the most rewarding and financially beneficial decision of your entire life. If you’re itching to start a small business, chances are you’ve got at least a bit of entrepreneur in you, so here’s some things to keep in mind as you prepare to start your own business.

Let us help you Choose The Right Type Of Business, Craft The Perfect Business Plan, and Start Fundraising.

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Avoid These Top Five MLM Scams

MLM is a reliable business opportunity and a legitimate business model. However, due to some MLM scams, the networking industry got tainted with a bad reputation. If only people were given the opportunity to choose wisely and know how to sort the legitimate MLM Company’s from the possible scams, doors to make good money would have opened for them. MLM or multi level marketing is really a means to distribute products and at services. It is a sub category of network marketing wherein representatives work to build a down-line while selling unique products or services. It is actually a very good avenue to start a small business.

The most infamous MLM scam has gone on since the 1970’s. It is called the pyramid scheme. This is an illegal operation that basically offers huge amounts of profits for every investment made to their program. The most important thing to look out for is if they push for the actual sale of products or services to sell. In the pyramid scheme, they do not. The problem with this scheme is that commissions are paid as new recruits or down-lines come in. However, when the last person fails to recruit anybody, everything stops and crumbles down to the ground. This MLM scam that lures people in by presenting it as a small business opportunity with huge potential involves money paid in without seeing money for the products and or services.

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What is a MLM, Direct Selling, and Network Marketing?

MLM (Multi Level Marketing) and Direct Selling fall under the bigger umbrella of Network Marketing - It is one of the most powerful home based business mediums today.  However, the general public’s lack of understanding and the misconceived and tainted reputation of MLM often precede it because of several illegal pyramid schemes that have come about.

MLM and network marketing is a means to distribute products and services and is actually a huge, $100 million dollar industry.  It evolved from the basic concept of a door-to-door salesman to what it is today and direct selling has never been the same.  The Amway Safeguard Rule was what set the legal standard to ensure that the Federal Trade Commission rules are followed, in response to the pyramiding scheme outbreak of the 70’s and it also ensures the validity of the business opportunity through three important points.  These points look into requirements such as the retail sale of the products and services to qualify for any recruiting commissions and /or sales, a mechanism in place to avoid over stocking of inventory without the intention of reselling and the opportunity for a buy back provision for unsold, undamaged and unopened inventory from the representatives who choose to leave.

Read more at http://www.homebusinessbug.com/what-is-a-mlm-direct-selling-and-network-marketing-10037/
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Next Steps For Your Home Based Business As A Corporation

Once you've chosen the type of corporation you want for your business, most entrepreneurs are ready to stop worrying about the details and move onto more pressing matters, like developing your product or service, however, there are a few more corporate formalities that must be addressed before proceeding.  As a corporation, you'll be required to hold annual meetings with your shareholders which must be documented.  Also, while this isn't required for LLC's, it's still a good idea; if you ever do run into trouble with your business (IRS audit, legal matters, etc) the more documentation you have, the better.  With corporations, neglecting to properly document these annual meetings can lead to what is commonly referred to as "piercing the corporate veil" which can lead to you, your partners and shareholders being held personally responsible for the debts and liabilities of the business, rather than being shielded by the corporation.  Although this is uncommon, it is a definite possibly when a corporation is mis-managed. 

At this point, the high-D, super driver, entrepreneurial leader in you may want to check-out or simply hire someone to take care of all of these details, and that's really a great idea.  A board of directors is responsible for overseeing the activities of the corporation, but this typically does not mean that they can overrule you when it comes to product decisions.  Giving up the decision making power can be a scary proposition for an entrepreneur, but hopefully if you are able to choose the right team and setup the bylaws appropriately, you'll be able to continually innovate and drive the company while the board of directors watches your back, weighs in on important decisions and protects the company and its shareholders from additional liability.  Additionally, pursuant to the Sarbanes-Oxley act (SOX), many corporations will also employ internal auditors who will ensure that the company is completely above board with all of it's legal and financial actions, this is more important now than before SOX because now board members can face large fines and prison time in the case of accounting crimes. 

Coming up with a great idea for a new business and actually launching it is a great achievement, and continuing to develop and innovate is what entrepreneurs live for.  The corporate minutia shouldn't grind your business or corporation to a halt and that's where finding and employing the right people that you can trust will make your business more effective and more importantly, keep you, your partners and your shareholders safe. 

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Different Types of Corporations For Your Home Business

If you're just starting out in business, you may hear the word corporation and think of a huge, multi-department, publicly traded company, but, in fact, even the smallest home businesses can benefit, in many situations, from incorporating.  There are several different types of corporations, each with it's own benefits and drawbacks, as well as legal requirements, so it can be a little intimidating to decide how to incorporate your business, particularly if this is your first time starting a company.  It's a good idea to consult a lawyer or business mentor before beginning the incorporation process, but here's a quick primer that should give you enough info to get started.

General Corporation

This is typically what people imagine when they think of a corporation, and it's the most common type.  General corporations can have an unlimited number of shareholders whose personal assets are protected from the debts and liabilities of the business.  Other advantages of a general corporation include various tax deductions for all kinds of business-related expenses, the corporation continues to live on even after the death of the owners, and raising funds is made relatively easy through the sale of stock.  The disadvantages include a hefty amount of federal and state regulations and a higher cost associated with incorporating than many of the other options.

Close Corporation

A close corporation (or C-Corp), as the name implies, is much more closed than a general corporation.  Most of the rules are the same, however there is generally a maximum number of shareholders in the 30-50 person range and stock must first be offered to existing shareholders before being sold to new ones.

S Corporation

An S-Corp is actually just a different tax strategy for existing corporations to be able to take, and if you are starting a home business, this is one to pay particular attention to.  In a traditional corporation, profits would be taxed at the federal level, then dividends would be paid out to the company's shareholders, who would then report their earnings as income and pay taxes on that income.  You can see how if you were a sole proprietor, you would be subject to paying tax twice on your profits under the general corporation rules.  The S-Corp was created to avoid this double taxation by allowing all gains/losses to be reported once on the personal tax returns of the shareholders.  You can see how this would be difficult for a large corporation with many shareholders, but works perfectly for a sole proprietorship, or a very small group of owners/shareholders.

Limited Liability Company

The LLC is perhaps the best choice for a home business, however, because it takes many of the advantages from all of the above.  Like an S-Corp, LLC's are authorized for pass-through taxation, however an S-Corp has a long list of IRS restrictions that LLC's do not.  LLC's still provide protection of personal assets from business debt and plenty of flexibility at the management level.  Some potential disadvantages are LLC's do not have stock, which may make fund raising more difficult, they cannot exceed 30 years and many states require 2 or more members to form the LLC. 

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The Cost Of Starting A Home Business

Like anything in life, neglecting the small things, when it comes to your business, can ultimately be your undoing.  You can have the smartest idea for a breakthrough product but forgetting to patent your new technology leaves you vulnerable and ultimately all you have left is a product that a big company will come along and scoop up, and you’re right back where you started.

Setting up your business the right way from the start is the same way; missing one small step (or even doing the steps out of order) can leave you vulnerable and, in some cases, personally liable for any potential lawsuits and damages.  One of the first things you’ll need to do when starting your business is to incorporate.  An LLC will often be the best option when starting a home based business, as it will provide a great amount of protection, it’s fairly painless to setup and is a fairly inexpensive way to incorporate.  Incorporating is much cheaper if you do it yourself, but hiring someone to do it for you will ensure that you don’t forget to dot the i’s and cross the t’s.  The last thing you want is to find out 5 years down the road that you’re not protected because you filled out the paperwork incorrectly.  A service like this will typically cost around $500-$1000.

Taxes and fees can also add up when starting a new business.   You’ll need to pay a filing fee for your corporation, fees to the secretary of state (if applicable), and first year franchise taxes.  General excise taxes and quarterly state taxes are ongoing taxes, but will add even more to the initial costs; keep these in mind when planning your first year’s budget.  Hiring a CPA is recommended to make sure that you don’t forget anything and so you can take advantage of any tax breaks specific to your business/industry. 

Fees, taxes and filings can be overwhelming (especially since the majority of entrepreneurs are strong leaders, but not necessarily detail-oriented).  This is perhaps the strongest case for starting a franchise, because the franchisor will provide guidance, assistance and in many cases will handle the initial paperwork and first year budget planning.  If you’re apprehensive about starting your business after reading this article, make sure you look into the option of a franchise and ask the franchisor what support services they provide.

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Home Business Tax Strategies

The primary motivating factor for owning your own business is making money, but what good is making money if you don’t get to keep it?  When you factor in income tax, state sales tax, and any of the other taxes you pay, it’s not uncommon to find that by the time you actually spend your money, you’re left with only about 50% of the original amount.  This is because as an employee of a business, every purchase you make is with after tax dollars, and then you are taxed again when you purchase something with those after tax dollars. 

Many people understand the concept of tax-deductible purchases, but as a business owner, you can make those same purchases with pre-tax dollars.  For example: if you needed to buy a computer for your small business, you can purchase this with income from your business and never pay federal taxes on it, whereas as an employee, even if you were able to fully tax deduct that purchase at the end of the year, you would have to get those dollars back in the form of a tax refund. 

Small business owners will also only be taxed on their profits.  This can be a difficult concept for those who have never owned a business before, but consider the following example. 

Joe has a delivery business; he made $100k last year gross; he spends 50% of his gross on fuel, therefore his profit is $50k so he is taxed $15k and is left with $35. 

Sam works as an employee for a delivery business where he has to purchase his own fuel, but is compensated with a higher salary.  He earned $100k last year and spent $50k on fuel, so he paid $28,000 in taxes, $50k in fuel and was left with $22k.

Admittedly, this is an overly simplified example, but you can easily see the tax benefits a small business provides.

Finally, let me say that I am not a tax professional, but rather an entrepreneur, so please consult a tax professional if you have specific tax questions or questionable deductions.

 

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Learn Chimney Cleaning Joins Home Business Bug

About Learn Chimney Cleaning

Learn all you need to know about chimney cleaning and repair. In this course you will learn special trade secrets, from 20 years of experience, taught by a professional chimney sweep. Learn all about the system he developed that generates over $150,000.00 per season.

The author takes you, step by step, through his easy to learn chimney cleaning and repair system. It is well designed and easy to follow and understand. By following his system you will have the knowledge to start your own chimney cleaning and repair business.

No where else can you find a course like this. This is, literally, a life changing opportunity for those who purchase this course.

Nothing is held back from you, the author has revealed all he knows about this lucrative business, that any able bodied person can do!

In this exciting course you will find over 125, mind blowing, pages, loaded with information about the chimney cleaning and repair business. No one else is offering this!

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Coffee News USA Advertises on Home Business Bug

About Coffee News USA

Coffee News originated in 1988 in Winnipeg, Manitoba (CAN) and is the brainchild of Jean Daum, an expert in, not only advertising itself, but super-learning and subliminal techniques as well -- many of which she designed and researched herself to make Coffee News one of the most potent, yet affordable advertising publications ever produced.

Coffee News is a weekly publication delivered to restaurants , coffee shops and motels that also serves the advertising needs of small businesses. It has been proven that people absorb more advertising messages before or during eating, as there is a need for mental input -- food for thought-- during this time period. Coffee News is designed to take full advantage of this fact.

Coffee News has the week's funniest and most unusual news stories, jokes, trivia, amazing facts, horoscopes, lucky numbers and more. Everything in it is fun and entertaining - no bad news here! It is a very big breath of FRESH AIR to millions of readers who are tired of hearing only the bad news. COFFEE NEWS IS POSITIVE. It provides the "other side of the news", - something that makes people SMILE! 

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IBO - Ameriplan USA Joins Home Business Bug

About IBO - Ameriplan USA 

Since 1992, AmeriPlan has helped thousands of families make hundreds of millions of dollars.

Our Promise: Make a difference in the lives of the people who work with us as well as in the lives of the customers we serve.

Want to Work at Home?

Our company has been in business since 1992; has been featured in the Dallas Business Journal and the Medical Review Board; and is a Member of the U.S. Chamber of Commerce, Dunn & Bradstreet, Direct Selling Association, National Association of Dental Plans and the Consumer Health Alliance.

We Have Thousands of Homeworkers Nationwide!

Visit some of our team members by entering this site! AmeriPlan pioneered with a Discount Dental Plan and we have significantly expanded our discount offerings in multiple areas.

We are Seeking People Just Like You.

We have daily, weekly and repeat monthly residual income potential. Work your own hours with NO selling, NO cold calling, full training provided at no extra cost and a complete benefits package available.

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La Bella Baskets Joins Home Business Bug

About La Bella Baskets

Join A Growing Industry That Offers Amazing Results - It's Fun, Easy and highly profitable!

With La Bella Baskets you will receive training to become a professional gift basket consultant.

Not only will you be able to help people save money and time on their gifts, you will save 20% on your gifting needs! Imagine never paying full price for gift baskets sent to friends and family again!!

The gift business is an industry with tremendous "fun" potential. You get to help people pick affordable gifts for their loved ones and provide a gift that delivers infinite pleasure to the recipient. Both givers and receivers of the gift appreciate the gift.

How Does Our Program Work?

1. We provide you with a beautiful website with hundreds of gourmet and specialty gift baskets.

These gifts are loaded onto your La Bella Baskets giftstore with your own shopping cart. No need to figure out all the details. Within minutes you can start taking orders.

2. Customers visit your La Bella Baskets store.

They can shop for affordable, beautiful gifts and place their orders on your personalized web-store. No more running around trying to find out what to buy for birthdays, holidays and special occasions.

3. We ship to your customer within 24-48 hours.

We work behind the scenes in the warehouse taking the shipping, assembly of gifts and other burdens off your shoulders. We also make sure all packages are professionally prepared.

You DO NOT have to stock any inventory

You DO NOT have to buy any products

You DO NOT have to deal with shipping

You DO NOT have to collect money

4. You generate a nice income! See income potential.

That's it! Pretty simple!

You Enjoy...

• Bi-weekly payout checks
• Flexible Hours
• Enjoy 20% discounts on your gifting needs
• Imagine not having to pay full price on your gifting needs!
• Referral Bonuses and Gift Baskets Contests
• Free Prescription Card (entire household)
• Free Pet Prescription Card
• 20% commission on new orders and repeat customer's orders 

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MLM or Pyramid Scheme?

MLM stands for Multi-Level-Marketing. Such a program starts with a product or service to sell, yet the way to grow your business is to build a network. If you enlist 3 friends, you receive a percentage of their sales. If they each enlist 3 friends, you are now receiving a percentage of sales from 12 people (the original 3, plus the 9 they brought on).

There are plenty of articles online that will educate you on what to look for in an MLM. A simple search for “What is an MLM?” in Google will probably yield enough results in the first two pages to give you most of what you need. One of my favorite resources is About.com, which has lists of relevant articles under the Entrepreneur section. For starters, check out “Too Good To Be True?” by About.com contributor Scott Allen, which defines 6 criteria you should look for in an MLM. While there, peruse around for more valuable resources.

Most information you will find will heed the warnings of multi-level-marketing. A few to review are at Vandruff.com, and http://www.mlm-thetruth.com. And with good reason. There’s a standard pitch that seems to can prey on what everyone looks for in an opportunity – no selling, unlimited potential, free time to enjoy your new boat.

However, don’t think that all MLM opportunities are ones to stay away from. There have been many companies that implemented this structure and were very successful in doing so. Two examples are Avon and Mary Kay. The best test is to ask yourself if the product or service on its own appears to be valuable and profitable. In other words, do you feel confident in the business of selling the product or service alone without creating a network? If not, then you should dig deeper into its potential.

Other resources I recommend visiting are http://www.mlmwatch.org/ or http://www.mlm.com/.

As we’ve mentioned elsewhere, please understand that HomeBusinessBug.com will not limit a company’s ability to advertise based on negative feedback we have heard or come across. Reputable companies have had negative press, and even those that appear to have more negative press than usual may have just as many people that they are successful for. The internet makes additional research very accessible. Let HomeBusinessBug.com be just your first stop in gathering the information you need to owning your own business.

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The Top 3 Mistakes To Avoid In Your Home Business

Starting a home based business can be one of the most rewarding ventures a person can make in life, but it can also drain you emotionally and physically. Moreover, if you head full-sprint into a new business opportunity without first having a solid plan, you may find yourself making some big mistakes early on that can take years to correct.

As you start to think about a new home business, here are some big mistakes that you should take care to avoid.

1.Think Big, But Not Too Big
Thinking big is essential to starting a new business. You need to have a large goal to aim for when starting your business, both to motivate you to succeed, but also to have something to measure your progress against. If your goal is to eventually make $10,000/month working from home, you can easily see that after a year, if you’re making $2,000/month, you’ve made it to 20% of your goal. Setting your sights too high, however, can have the opposite effect of discouraging you and stopping your business in it’s tracks. Hitting that $10,000/month figure can be a huge achievement, but if you’ve set your goal to make a million per month, that $10,000 will feel like a drop in the bucket.


2.Good Is Good Enough.
French author Voltaire famously said “the perfect is the enemy of the good” and striving for perfection can stop any business in it’s tracks. Along the same lines of thinking big, but not too big, learning to be okay with good is the only way to launch a business and not beat yourself up when you meet small snags. Only a minute percentage of businesses will ever reach the multi-billion dollar status, but when your metric for success is a modest and achievable goal, you set yourself up for success in the long run.


3.Fast Eats Slow
For so long, big business has had the power and girth to annihilate any small business that stood in it’s way. While in many industries this may still be true, the prevailing mantra for small businesses is that fast beats slow, not big beats small. Use your size to your advantage when you’re starting out. Think of the time and energy it would cost just to switch over to a new, more efficient, piece of software at a company of 100,000 employees, but at a company of 5 or 10 people, the cost is negligible, but the benefits can still be huge.

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What is the difference between a licensee, distributorship, and a franchisee?

Distributorship - this is when a manufacturer of a supplier of some sort of product requires a 3rd party to market, sell, and deliver that product in a designated area.  A perfect example is that of a beverage manufacturer.  The manufacturer in question may not have the means to distribute their product far from their home offices.  So instead of hiring employees in selected cities, they sell the rights to distribute the beverage in specific territories.  The benefit to the manufacturer is that they do not have to hire an employee and keep tabs on that employee from a far.  They also have a representative that is financially vested, so the chances of losing that representative are far less than if they had an employee in the area.  The downfall to the manufacturer is that they potentially give up some revenue.  But that’s where the benefit to you, the distributor, comes in because that revenue goes right into your pocket.

Licensee - an individual or company that acquires the rights to a legally protected property owned by another individual or company (the Licensor).  The licensee is then free to utilize that property.  The benefits to the licensor and licensee are much same as in a distributorship in that the licensor gives up potential revenue, revenue the licensee ultimately earns, in exchange for a vested partner.

Franchisee - a franchisee is one who purchases a franchise from a franchisor.  In a franchise system, the franchisee must operate under specific guidelines set forth by the franchisor.  Those guidelines include everything from how to operate the business and how to use the company brand name.  Franchisors have much more control over the processes and guidelines that the franchisee function within.   Whereas a licensee or distributor typically pays set fees, a franchisee typically pays a royalty in the form of a percentage of their gross revenue. 

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