Internal Revenue Service (IRS) The IRS has best free classes around! Call your local office to find out when home business or sole proprietorship classes are held. The home business class is a half-day class; sole proprietorship class is a full day. The difference between these two classes -- extra half day -- is spent dealing with employee tax information. Take a class every year. Expenses are deductible and I bet you will learn quite a few things each year.

Web site at http://www.ustreas.gov/, or call toll free (800) 829-3676. Ask for Business Kit Publication 454 and STEP Publication 1057 (Small Business Tax Education Program). Tell them what type of organization you are considering, how many employees you will have, etc., so they can send you other free helpful publications. They'll even send you a very nice Tax Calendar. Just ask for it!

Local Authorities Let's look at some local taxing authorities. In some states, Department of Taxation provides monthly classes for new business owners. They cover state-specific topics such as business income tax, occupancy tax and sales tax.

While we're on local level, don't forget to contact your county, city or town revenue offices, too. Yes, everyone gets in act of collecting some sort of tax! It could be yearly, quarterly, or monthly. At very least, call each entity to see what they need from you and what materials or classes they provide. Don't want to call? The end result is fines and penalties later on -- usually many times more than you would have paid in first place.

Web Sites Although IRS is premier source for tax information, below are other suggested web sites to visit. Peachtree and Intuit (Quicken, QuickBooks) offer bookkeeping, accounting and tax software.

Businesses are doing great with an association to Olympics - and you can use same tactics as businesses and as athletes - to boost your sales.

Business branding has come a long way - Olympics have allowed a good avenue for companies to showcase their products. For some, insertion of coupons and samples into "goody bags" given to people and audience, people in lines, etc., will go a long way in getting new business. There are others that have come up with cutting edge outfits and items geared just for Olympics, or comparable to items used by athletes. This has pushed their business forward. The networks covering Games even put a plug in for many of these new items. Now people nationally are looking for ways to buy them. If you can offer same items from your site, make it a point!

As for athletes, they have a lot to teach you in your business, as well. The qualities they have been showing are same ones you can use to succeed with. Here are some:

=> They train well - they absorb their sport and all technical aspects of it. They use everything wisely and to fullest. They KNOW what they are using, and what they are talking about. They can convince anyone of worth of their equipment and training methods. Can you do and say same about what you are doing in your business?