New Year's Resolutions for Your Home Business

Written by Donna Schwartz Mills

"Happy New Year" may berepparttar most positive phrase inrepparttar 117920 English language. For those whose fortunes were less than they desired overrepparttar 117921 last twelve months,repparttar 117922 new year is an opportunity to closerepparttar 117923 book and start afresh. Those lucky souls who came out ahead this year can pat themselves onrepparttar 117924 back and look forward to repeating their success in 2001. No matter which end ofrepparttar 117925 spectrum you fall into,repparttar 117926 hope that springs eternal on January 1 is something we all tend to share. It seems that every culture enjoys a new year's holiday, and that our tradition of making resolutions dates back torepparttar 117927 ancient Babylon. Teacher Jerry Wilson of < > saysrepparttar 117928 most popular Babylonian resolution was to return borrowed farm equipment. While times andrepparttar 117929 details may have changed, today's home-based entrepreneurs are also concerned with improving relationships with colleagues and customers - and making their businesses grow. There are lots of changes we can make in our day-to-day lives that can increase our chances of looking back on 2001 with fondness - and January isrepparttar 117930 perfect time to start. Resolution #1: Keep Better Records If you tend to stick your receipts in a shoebox or atrepparttar 117931 bottom of your handbag, you already knowrepparttar 117932 heartbreak of trying to make sense of your tax returns. You are probably losing some legitimate deductions! Get inrepparttar 117933 habit of saving and categorizing every receipt, clearly marking those that are 100% deductible. Devise a workable filing system and use it! Resolution #2: Watch Your Miles Do you keep track of your auto mileage for business? If not, you will be surprised at how much you can save on your taxes once you start -repparttar 117934 2001 rate will be 34.5 cents per mile. However, it's imperative that you keep careful and accurate records in case of an audit. Note your mileage atrepparttar 117935 start of each month and keep track of all miles you incur inrepparttar 117936 course of conducting business. Keep an auto expense journal in your glove compartment or buy expense tracking pages for your ring-bound organizer. Tax expert Jeff Schnepper tells his clients to keep a tape recorder in their cars to record mileage and expenses as they occur, as a supplement

Make Money This Holiday Season; Don’t Just Spend It

Written by Liz Folger

What if you could make more money than you spend this holiday season? Sounds like a pretty good idea, you say? If you’d like to be onrepparttar making money end duringrepparttar 117919 holidays, now isrepparttar 117920 time to start preparing. Below I’m going to give you several money-making ideas. Pickrepparttar 117921 one or two that interest yourepparttar 117922 most and have fun!


It doesn’t matter if you’re into woodworking, sewing, painting, pottery, or creating handmade paper. More than ever, people enjoy giving that one-of-a-kind special gift. You can sell your wares viarepparttar 117923 Net, at holiday bazaars or craft shows, or even consignment style. Once you become known for your crafts, word-of-mouth will keep you very busy.


One idea is to create your own line of holiday cards with rubber stamps. Melissa Duquette has found this to be a profitable business. She explains, “The card season is upon us and everyone will soon be searching forrepparttar 117924 perfect holiday card to send to family and friends. This is your opportunity to break out into business and create unique hand-stamped holiday cards. Or why not offer a class teaching this great hobby? Rubber stamping can be worked into so many different businesses.” I’ve been to a rubber-stamping party where we were able to create our own cards. I had a great time hanging out with my friends and making my own unique cards. If you are into rubber stamping, seriously consider having a rubber stamping card party. You would supply everything needed, and could charge either a flat fee or charge per card made.


Kim Moya runs a T-shirt business and finds this a way to make extra cash duringrepparttar 117925 holidays. She says you can create inexpensive holiday sweatshirts, and long- and short-sleeved T-shirts. And she doesn’t stop at T-shirts, but also includes tote bags, felt and cloth ornaments, advent and traditional calendars, aprons and many other items that you can purchase wholesale and sell at retail prices!


I don’t know about you, but I love fleece blankets. I was really excited when I found out I could make these awesome “Snuggly” blankets without having to sew a stitch. Cinda Louden has been making these types of blankets for a while now and explains, “These blankets are made out of Polar Fleece material. They are soft, warm, cozy, durable, and wonderfully ‘Snuggly.’ There's no sewing or needlework involved; all you do is cut and tie. Making Snugglies is a great way to start and create a business, make a little extra cash, or just make them for gifts. It's all up to you!”


Tamaira Sandifer,repparttar 117926 owner of Fun Mail For Kids, has been creating Santa Letters for a while now. “I thought, what child wouldn't like to get a letter inrepparttar 117927 mail full of goodies just for them from Santa Claus. Once I informed family and friends about starting Fun Mail For Kids,repparttar 117928 letters practically sold themselves. Last year brought in approximately 680 requests, which is pretty phenomenal since I don't do much advertising.” Tamaira says that running this type of business is fun because it allows her to do something she really enjoys. “So it doesn't really seem like work,” she says.


The hype of eBay has not gone away, but has only grown. When among a group of people, I can usually find someone who has either bought or sold something in an online auction. Colleen Wallace has made it her business to sell merchandise online. “The holiday season isrepparttar 117929 best time of year for me. People are always looking for unique and interesting gifts to give their loved ones. What better place to find something different thanrepparttar 117930 online auctions,” says Colleen. Start thinking about what you might have that you could sell online. Colleen has found thatrepparttar 117931 items that sell well are those that can be used for stocking stuffers, are limited editions, or are signed items.

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