10 steps to your business success.

Written by Patrick Silva


Continued from page 1

A word of caution about research. Do not get side tracked or overly involved in research that you loose sight of your main objective.

The purpose of research is to gather information for your business venture. Do not fall intorepparttar 'Research-Research- Research' trap and fall prey torepparttar 116569 'Research-Junkie' syndrome. Research until you have enough information to start. You will learn more as you go along.

Sixth. Study your competition. Find out who is successful in your field. Find out whatrepparttar 116570 successful people are doing to achieve their goals.

Seventh. Find a 'niche' in your field of interest. For instance, if your choice is Music, do you want to run a store selling cd's and records? Sell musical instrument? Teach music? Join a band and perform on stage? Go intorepparttar 116571 music CD production business? etc. etc.

You will be more successful if you concentrate your efforts on a particular 'niche' in your field of interest.

Eighth. Develop a plan of action. What tools will you need? What path should you follow? How much money is it going to cost you? Is it going to be a full time or a part time business? How much time are you willing to devote to your business?

Nineth. Set realistic goals. You cannot expect to make $100,000.00 your first month. Do not believe those who say you can. Setting up and running a successful business takes time and work. Ask any successful business person and he will tell you.

Where will you be in one month, 6 months, one year? Plan. There is a quotation that goes, "If you fail to plan, you plan to fail." Therefore, plan and set realistic goals.

Tenth. This isrepparttar 116572 most important step. All your research, preparation, game plan and everything else will be of no use if you do not take this all important step. And that all important step is ACTION.

Start, Do! Not next month, or next week or next day. Start now. Takerepparttar 116573 first step today even if it is a small one. Make a daily schedule of what you must do and stick to it. Keep on taking progressive steps everyday. Remember,

"Yard by yard it is hard. Inch by inch it's a cinch."

With proper knowledge, information and planning, you will work 'smart.' Most ofrepparttar 116574 successful business people have taken this route.

Follow these 10 steps and your success is assured.

Patrick Silva is a Seminar Instructor, A Public Speaker and a Researcher. He is the editor of 'A Learners Lounge,' a free e-zine dedicated to inspire and motivate you to achieve success. To subscribe go to, http://www.business-development-strategies.com/e-zine.html


Home Business Legalities And Tax Advantages

Written by Dean Phillips


Continued from page 1

Unemployment insurance tax -- You are required to pay federal and state unemployment taxes if you have more than one employee onrepparttar books for at least 20 weeks in a calendar year, or if they have paid more than $1,500 in gross wages in a calendar quarter.

Again, check with your state's Department of Revenue for more information.

A home business qualifies for all ofrepparttar 116568 same tax deductions regular businesses do. Inrepparttar 116569 eyes ofrepparttar 116570 IRS,repparttar 116571 only difference between most home businesses and Fortune 500 Companies is their size, andrepparttar 116572 fact that home businesses can also deduct many household and living expenses.

Owning a home business will entitle you to deduct thousands of dollars in every day expenses. After all, why pay more in taxes than you have to?

Listed below are just some ofrepparttar 116573 items you are allowed to deduct:

* Your car and car expenses.

* Your mileage.

* Your home computer, printer and other office equipment.

* Your home. If you're not a homeowner, you are allowed to deductrepparttar 116574 area where your home office is set-up.

* If you're a homeowner, you may deduct a portion of your property taxes and utilities.

* Your travel expenses.

* Your restaurant meals, entertainent, dinner parties.

* You may pay wages, tax free, to two of your children, if they are involved withrepparttar 116575 business.

* You may deduct your families health insurance.

NOTE: To qualify forrepparttar 116576 above tax deductions, you must be actively working your home business.

In closing, since tax laws are continually changing, I highly recommend you consult with your accountant or tax advisor to learn more about applyingrepparttar 116577 aforementioned deductions to your home business.



Dean Phillips is an Internet marketing expert, writer, publisher and entrepreneur. Questions? Comments? Dean can be reached at mailto: dean@lets-make-money.net

Visit his website at: http://www.lets-make-money.net


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