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Want to Stop Trading Time for Money? Avoid This #1 Mistake!

“Stop trading time for money.” Thanks to the Tim Ferrisses of the world, that has become the rallying cry of people who are stuck in a job they don’t like and who want to create…

Is Dropshipping Still a Viable Business Model in 2018?

As you may already know, in recent years many online businesses have been closely tied to the dropshipping business model, using it as a means to help them grow and become more profitable. What is…

Partnerships and Pass-through Entities: What Do You Do?

Question: Jane is a Partner in a partnership with a July 31 year end. What information does she use to calculate the Sec. 199A deduction she claims on her 2018 Form 1040, U.S. Individual Income Tax Return?…

Raising Your Total Startup Capital in 5 Steps

You’ve got the next billion-dollar idea and you are looking to make the big jump into the “fairytale” journey of an entrepreneur. You have read all the startup books and know everything about the great…

Grow By Creating Markets, Versus Killing Competitors

For your business to continue to grow, there are really only two ways to get customers. One way is to take customers away from an existing player, and the other is to create a new…

3 Pros and 3 Cons of Working from Home

There are almost 40 million home-based businesses in this country. If you ask ten people why they work from home, you’re going to get ten different answers. There are pros and cons to working and…

The Winning Mindset That You Need for Success

I was devastated. I had just completed a test and the results were in. And they weren’t good. Not what I wanted or expected. But it wasn’t an ordinary test. It was the standardized “IQ”…

How Organizations Are Classified as Partnerships

An unincorporated organization with two or more members is generally classified as a partnership for federal tax purposes if its members carry on a trade, business, financial operation, or venture and divide its profits. However,…

What Entity is Right for You and Your Business?

Starting your own business can be both challenging and rewarding. You want to make sure you get off on the right foot by choosing the type of entity that’s right for you and your business….

How to Win When You’re Playing “The Name Game”

Is the name of your business a good fit today? Will it still be a good fit tomorrow? These are important questions, because you don’t want to get stuck in a situation like Overstock.com, which…

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