I also tapped into extensive library of SFI’s partner IAHBE. At first I just joined this organization because it guarantees my position in SFI network. But after researching their services and utilizing their benefits like free mail leads, I have to say that this is a great institution. It’s worth every penny of your monthly fees.

Speaking about value-added services and benefits. The one thing I’m truly impressed with is quality and consistency of marketing material offered by SFI. The wealth of online and offline marketing material can be overwhelming, but if you use it appropriate it is a very effective tool. Of course SFI also offers quality products and services, which makes it easy to sell.

By using Stone Evans’ PIPS (Plugin Profit Site) system I could maximize these efforts. I’m selling all sorts of products and I already received several commission checks through my affiliate program with Clickbank. This is a huge affiliate provider for electronic books and software. My job is to attract customers to products and then manufacturer or author of product does all selling and credit card processing. As soon as credit card is processed I receive a commission, which varies between products.

After about 3 months of running this business I would say that I’m still a little bit negative with my finances, but this is due to my extensive Google AdWords campaigns. By not counting this, I’m actually making some money. Nothing to brag about, but maybe in another 3 months my tune might change.

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Getting receipts means that you'll have to think ahead. When you buy something online, print receipt page. When you subscribe to a service that may pull a fee from your checking account or credit card account on a monthly basis, make sure to opt in to any e-mail notification of transactions that you might be able to get.

Print everything out and put it in a folder for that years tax records. You won't regret it when tax season comes along.

You will also get a much better picture of how much money you're earning. I think a lot of affiliate marketers brag about their checks, but conveniently forget that out of $10,000.00 they earned last month, they spent $8,000.00 for PPC advertising, $27.00 for Wordtracker, $100.00 for their web host, ect, etc, reducing their actual profit to enough to buy some bubble gum.

There's great software that makes all of this easier of course. Quicken or MS Money Home and Business editions or PeachTree accounting would all make whole process of tracking these numbers much less painful.

Finally, there are real benefits (and some costs) to incorporating yourself. Incorporating changes tax rules and create scenarios that let you put more of your profit into your pocket. They also help to shield you from liability. I'm not a lawyer, so I'd recommend talking to an tax law lawyer. I incorporated in Florida and entire expense was about $495.00.