The Business End of an Internet Business

Written by Chris Malta

"The Business End of an Internet Business" I've had a lot of email from people who know they want to start an Internet business, but don't know how to putrepparttar nuts & bolts together onrepparttar 116932 business end. That’s not surprising. It can be confusing, and there are certain steps to be taken in a certain order. Without help, you can end up running in virtual circles for weeks. Now, please keep this in mind, folks; I’m not an attorney, and I’d rather not have to hire one after writing this article. Let me just say that this is how it works where I live. Your local government may do things a bit differently, and of course I can’t speak to this issue for those outsiderepparttar 116933 US. (Sorry!) If you need to, consult an attorney or accountant. You should, though, be able to do this pretty easily on your own if you choose. So, here’s how we do it in Florida, USA. First, swim torepparttar 116934 poolside bar and grab yourself a nice cold drink. Then…oops, sorry, that’s AFTER work! Seriously, now, there are five things you would need in Florida to get startedrepparttar 116935 RIGHT way. It works pretty similarly aroundrepparttar 116936 rest ofrepparttar 116937 US. 1.) File your Business Entity You need a “business entity.” That just means you need an official business name that’s recognized byrepparttar 116938 government. You can do this one of two ways. A.) Corporation: You can file a corporation with your State. Florida has a web site at, where we can download and print allrepparttar 116939 forms we need to file a Florida corporation. I believe that all States inrepparttar 116940 US have a site like this. They also have instructional forms that detail what goes where, and what everything means onrepparttar 116941 forms. Once we complete our forms, we mail them in with about $90, and poof…we’re a corporation! We get our official copies back in a couple of weeks. B.) Fictitious Name: This is a simpler way to register your business, but it does not afford yourepparttar 116942 protections that a corp does. Same thing…in Florida, hasrepparttar 116943 forms, and we fill them out and send them in. This doesn’t cost as much as a corp. In some States, this is called a DBA (Doing Business As…), and is obtained from your local County Office building for a minimal fee. ($35 would be an average). If you’re not sure which way you want to go, see an attorney or accountant. This is an important decision! 2.) Obtain a Business License Here in Florida, we are required to have a Business License issued byrepparttar 116944 county our business resides in. This takes a couple of hours atrepparttar 116945 local County Office Building, and costs about $30. We must show our Business Entity papers and supply our EIN. In some other States, a county Business License may not be required.

Living a Relaxing and Profitable Lifestyle with the 80/20 Rule

Written by Chris Brown

Copyright © Chris Brown

This article may be used freely as long asrepparttar author's resource box (atrepparttar 116931 bottom) is included;repparttar 116932 article and resource box must remain unedited.


In this article, you will learn some simple and effective ways to live a more relaxing and profitable home business lifestyle. Many of us started out with a picture of ourselves working less and ended up working just as much or even more than ever imagined we would. Managing your time can become a major headache. Are you ready to seerepparttar 116933 shuffle drift away?

Family, friends, errands and fun are a few ofrepparttar 116934 important factors in living a relaxing and profitable lifestyle – lets look at how you can delegate your time for a more easy going home work environment.

The 80/20 Rule – Pareto's Law

Vilfredo Pareto, an Italian economist, observed in 1906 that in his country, 80% ofrepparttar 116935 wealth was owned by 20% ofrepparttar 116936 population. After his observation, others took notice ofrepparttar 116937 80/20 idea in many other areas of life.

Inrepparttar 116938 1930s and 1940s, Dr. Joseph Juran observed what he calledrepparttar 116939 "vital few and trivial many". Dr. Juran's principal goes something like: 20% of something is responsible for 80% ofrepparttar 116940 results. This has long since been known as Pareto's Principle orrepparttar 116941 80/20 Rule.

Find Your ‘Vital Few'

The following metaphor has worked well for many people; if you have a hard time visualizing then this may throw you off; stick with us, this can be of great benefit to you.

The Metaphor

Zoom out and take a look at everything that comprises your home business. Imagine seeing all of your tasks sitting on a table – Watch as one side ofrepparttar 116942 table lifts upward and your tasks begin sliding towardsrepparttar 116943 edge. Pay close attention to seerepparttar 116944 tasks that sliderepparttar 116945 least – seerepparttar 116946 tasks that stay onrepparttar 116947 table – these are your ‘vital few'. Pick uprepparttar 116948 ‘trivial many' fromrepparttar 116949 floor and see yourself putting these in a very big box.

Now, picture your self putting your ‘vital few' tasks that were left on your mental table in a small box – imagine that you keep this box on your desk. Now, mentally takerepparttar 116950 big box and put it out of site…let it fade away for now.

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