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Atricle Dump - Business or Pleasure?
You wouldn’t expect a funeral director to do stand-up comedy as he’s showing you his line of coffins, would you?And you wouldn’t want your surfing instructor to be unduly somber as he towed you into shark infested waves, would you?Of course, not!We want people to act APPROPRIATELY, given our expectations and circumstances.This is the key standard to which all of us shoul
The first article in this series discussed the ways you build trust with your client base. In this article we will focus on the mistakes that can kill your business - and how to avoid them.Mistake #1: Buying the Wrong ThingsYou've decided to go into business. You're excited. For many new business owners, going into business means buying a fancy desk and other office equipment. This ca
The subject springs to mind because, well, that is what we are in the process of doing right now. My husband, Michael, was offered a one month job with hourly pay that we couldn't turn down. The client offered to pay for fuel, hotels, and $25/day for food, along with paying for the work to be done. How could we turn that down? We packed our bags and left town for the next month.
We are in an intriguing position because we are subcontracting to his business, rather than simply making a bid for a job. The difference, of course, is that generally as a small business owner, you are expected to pay for your own accomodations, travel, and food, though your bill may reflect accordingly. Still, the basic plot twist remains the same. As a small business owner, you are given more flexibility in your contacts and your hours.
For instance, suppose you legitimately - and I stress legitimately - wanted to expand your business to Hawaii. You needed to go out and make the appropriate contacts (I stress 'needed', as well). The opportunity arises in your work schedule for you to stay an extra day or two, or perhaps conduct your business in the daytime and make the most of the evenings (or even, vacation in the daytime and attend various social functions at night). By the same token, I know a man who attended a national conference each year in Las Vegas. He took the opportunity to fly his family there, as well, and made the most of the time awa
No business can flourish without an efficient and advanced telecommunications infrastructure in its offices and factories. All employees need a communication device to maintain their efficiency and save precious time. Obviously it means the establishment of an extensive telecom network in your offices. A big chunk of your budget has to be allocated for the successful operation and optimum utilizati
We are in an intriguing position because we are subcontracting to his business, rather than simply making a bid for a job. The difference, of course, is that generally as a small business owner, you are expected to pay for your own accomodations, travel, and food, though your bill may reflect accordingly. Still, the basic plot twist remains the same. As a small business owner, you are given more flexibility in your contacts and your hours.
For instance, suppose you legitimately - and I stress legitimately - wanted to expand your business to Hawaii. You needed to go out and make the appropriate contacts (I stress 'needed', as well). The opportunity arises in your work schedule for you to stay an extra day or two, or perhaps conduct your business in the daytime and make the most of the evenings (or even, vacation in the daytime and attend various social functions at night). By the same token, I know a man who attended a national conference each year in Las Vegas. He took the opportunity to fly his family there, as well, and made the most of the time aw
Your business day has just begun and you quickly whip out your clearly written plans. Pardon? Did you say you don't have a written business plan? Then join the club, 'Business Owners Without Plans'. The main problem this club faces is that the majority of it members' businesses are likely to fail. Business failure rate is high and a crucial reason for this is lack of planning.If you bel
For instance, suppose you legitimately - and I stress legitimately - wanted to expand your business to Hawaii. You needed to go out and make the appropriate contacts (I stress 'needed', as well). The opportunity arises in your work schedule for you to stay an extra day or two, or perhaps conduct your business in the daytime and make the most of the evenings (or even, vacation in the daytime and attend various social functions at night). By the same token, I know a man who attended a national conference each year in Las Vegas. He took the opportunity to fly his family there, as well, and made the most of the time aw
Great question! Overwhelm is very common even among the most veteran entrepreneurs, so take solace in the fact that you are not alone. With the ever-increasing numbers of new entrepreneurial endeavors, and therefore new entrepreneurs, there are many who are experiencing the very same feelings as you.So, Tool 1 is to Join or start a business-focused support group. Napo
For instance, suppose you legitimately - and I stress legitimately - wanted to expand your business to Hawaii. You needed to go out and make the appropriate contacts (I stress 'needed', as well). The opportunity arises in your work schedule for you to stay an extra day or two, or perhaps conduct your business in the daytime and make the most of the evenings (or even, vacation in the daytime and attend various social functions at night). By the same token, I know a man who attended a national conference each year in Las Vegas. He took the opportunity to fly his family there, as well, and made the most of the time aw
I once had a boss who informed me there was no such thing as company politics. At the time, I decided that depended on whether you were the person wielding power or influenced by it. In my career experience, I’d categorize self-serving antics, sabotaging behaviors, information hoarding and artful manipulation under the heading of company politics. I’d throw in veiled threats, perpetuated mistruths,
There is good reason to stress the 'legitimately' portion of the statement. As a small business owner, you will be more likely already to attract your friendly neighborhood IRS auditor to your accounts. You want to make sure that all of the numbers come up squeaky clean.
Some things that might pass the muster:
Flying yourself and your employees on a trip to a conference or meeting of some sort
Limited food allowance - the IRS no longer allows you to deduct full meals and sets limits. Make sure you check the updated information
Billing long distance calls made to your office
Reasonable trips that are necessary to the life and growth of your company
Things that will most likely upset the IRS:
Listing your wife and your 3 month old child as an employee. If they really are (perhaps your baby models for ads for your company?), make sure that position needs to attend said meeting. If you are using it to shoot more ads and need your baby model, fine. If you're not, and just want to bring the kids, don't try to deduct them.
Lobster and cavier every night
Phone calls made to your parents
A trip to Aculpoco in which you talk to one 'potential client' briefly at the pool for three minutes
Use common sense, good judg
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