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1099 - MISC Forms For Independent Contractors For 2005
As we begin 2005, you’re probably not thinking about taxes at all. This is a mistake as deadlines are approaching for issuing and filing 1099s to independent contractors.
What is a 1099 MISC?
Generally speaking, the IRS requires you to report...
Is This Business Right For You?
Your dream is to have your own business and to tell the boss
"Good-Bye". An excellent dream to have, a little exciting and a
little scary at the same time. Before taking that big step, take
a long hard realistic look at yourself and determine "Is...
Journaling Your Work
Keeping a journal is a proven, powerful tool to enhance and benefit not only your personal life and well being. Journaling can also do the same for your work life. It is a way to record and track daily activities and thoughts, which can help...
The Cost of Raising Money
The Cost of Raising Money by William Cate Only your family, friends, governments and fools ignore basic funding guidelines. These costs have evolved over time because they reflect the cost of helping the foolish find the foolish. To raise money,...
Two Proven Techniques that Successful People Do to Double or Triple Their Time in a Day
They say that time is much more important than wealth. Most effective people think so. They know how to get more time in a day, and they have mastered the art of utilizing time effectively to do more productive things that contribute to their...
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Is This Business Right For You?
Your dream is to have your own business and to tell the boss
"Good-Bye". An excellent dream to have, a little exciting and a
little scary at the same time. Before taking that big step, take
a long hard realistic look at yourself and determine "Is this
business right for me?"
What is your personality? Are you an extrovert or an introvert?
Do you enjoy talking to everyone you see or are you the type
that has trouble talking to a stranger? Do you love number
crunching, administration, computers, researching, etc.? Are you
a leader or a follower? A risk taker?
These are important questions to ask yourself. You want your
business to match your personality and talents. Look at your
business idea, does it match your personality and talents? If it
does't, you will struggle to make it a success. Find a business
that is right for you.
Do you take criticism well? How well do you listen to others? If
you don't know, ask a close family member or friend. You have
heard the saying "the customer is always right". No matter what
type of business you start, you will have customers. Can you
listen constructively and respond without showing anger or a
negative attitude? One disgruntled customer can keep many future
customers away. One mad employee can destroy your business.
Have you been told "No" lately? Adults seldom are. As you start
your business there will be those times that "No" is the answer
you receive. Do not take it personally. Take it as another step
in your venture to success. Use the "No" to move ahead. Do not
allow yourself to lose your momentum.
When you begin your business you will wear many hats, starting
with the janitor. How well can you perform all the duties that
will be required of you? From planning to organizing to
prioritizing, everything depends on you. If your business will
have employees, can you interview and select the best
applicant
without emotions playing a role? Can you fire your sister,
brother, daughter, son, best friend, or anyone else you need to
fire? Important questions to ask, because there will come a time
to let someone go.
Starting your business adds additional financial burdens on you
and your family. How do you currently handle this
responsibility? Do you pay your bills on time now? Your vendors
will only take so many late payments before they classify you as
a "cash only" customer. Review your current habits and learn to
pay your bills early. Structure your bills so that everything
does not come due at the same time. Always alert your vendors if
you see that you are going to be late paying.
How soon will you see any income? Leaving the security of a
"J.O.B." and depending on yourself for 100% of your income is a
giant step. Do you have enough funds to get you through four to
six months of living expenses? House payment, car payment,
utilities, essentials, insurance, etc. Do not forget to factor
in what the business will need during this time. Look back over
the past six months to a year and average what you have been
spending per month. Multiply that by six and add what your
business will need. Do you have that much put aside? Make sure
that you do. Some businesses will see income the first week,
while others may take a few weeks or months to get a steady flow
coming in.
Is this business right for you? Find the one that fits your
personality and talents and you will enjoy having your own
business. Go ahead and tell the boss "Good-Bye".
About the author:
With too much factory experience and experience in Marketing and
Advertising, Annette Lucas knew she wanted her own business. She
found just what she was looking for with AmeriPlanUSA. To see if
AmeriPlan's opportunity is right for you, check out
http://www.freedomathometeam.com/40290308
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