Sole-Proprietors, Prevent Identity Theft by Getting an EIN

Written by Ellen Zucker

Obtaining an EIN or employer identification number is a good idea if you are a sole-proprietor.

From time to time, you'll be asked to provide your social security number or employer ID to clients or governmental agencies. Once you do that you have no control over which client employees and others can view your number.

With identity theft an ever increasing problem, reducingrepparttar need to give out your social security numer can only be a good idea.

The best way to do that is to have an employer identification number.

In fact, having an EIN is mandatory for almost any business that is set up as something other than a sole-proprietorship.

This isrepparttar 141699 IRS checklist for businesses that are required to have an Employer Identification Number.

You have employees. You are set up as a corporation or partnership. You file tax returns for Employment, Excise, or Alcohol Tobacco and Firearms. You withhold taxes on income, other than wages, paid to a non-resident alien. You have a Keogh plan. You are involved in a trust. (There are some exceptions, checkrepparttar 141700 IRS site). You are involved in one ofrepparttar 141701 following types of organizations: Estates, real estate mortgage conduits, non-profits, farmer's cooperatives, and plan administrators.


Written by Darren Hendricks


Coachingrepparttar Host Plan to spend some time with your Host soon after setting up a show date in order to review their guest list. Explain thatrepparttar 141698 goal is between 10 and 20 guests. Give your Host an Open House Host Guide (Most Party Plans have these or make your own) and let them know how easy it can be to find guests among co-workers, friends, neighbors, relatives and many other places. Help withrepparttar 141699 guest list and urgerepparttar 141700 Host to ask each guest to bring at least one friend.

The Guest List 1. A couple days beforerepparttar 141701 party, have your Host send confirming invitations and be sure to enterrepparttar 141702 names of definite guests inrepparttar 141703 spaces provided. 2. Describerepparttar 141704 Free Gift system to your Host by showing pictures ofrepparttar 141705 gifts they can qualify for. 3. Reviewrepparttar 141706 order form, so your Host can help guests place orders 4. Explain how deliveries are made. 5. Discuss plans for refreshments. 6. Remindrepparttar 141707 host that it's important to be upbeat and enthusiastic withrepparttar 141708 guests.

Arrangingrepparttar 141709 Furniture There are a few basic requirements that your Host needs to take into consideration:

1. Enough seating facing a central point inrepparttar 141710 room. 2. A table large enough to hold your display samples. 3. Good lighting.

Preparing Your Samples Samples are perhaps best sales tools you've got. Be sure you have a large selection on hand to display. Also:

1. Have a sufficient supply of catalogs on hand. 2. Make sure each sample item is in excellent shape and is sparkling clean.

Beforerepparttar 141711 Guests Arrive Arrive atrepparttar 141712 Host's home an hour or so beforerepparttar 141713 party and provide a last-minute briefing. Dividerepparttar 141714 necessary chores betweenrepparttar 141715 two of you and make a final review ofrepparttar 141716 guest list. During this review, get your Host's opinion as to which guests might berepparttar 141717 strongest prospects for future party bookings.

Greetingrepparttar 141718 Guests Asrepparttar 141719 guests arrive, haverepparttar 141720 Host introduce you and greet them warmly and cordially. Chat with them a minute while filling out a nametag to make them feel at home.

The Presentation Begin your presentation simply and makerepparttar 141721 guests comfortable by welcoming them and chatting a bit. 1. This is a perfect time to present free gifts to each guest as a thank you for coming. This will help focus their attention onrepparttar 141722 items you have brought. 2. Present your first item by using descriptions you've worked on beforerepparttar 141723 party. Notes and note cards are fine to use.

"Touch and Try" With Personal Attention Afterrepparttar 141724 last item has been presented and while questions are being asked ofrepparttar 141725 representative,repparttar 141726 Host should preparerepparttar 141727 refreshments. Whilerepparttar 141728 guests are browsing:

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