It’s an exciting time, as start-up culture has taken the business world by storm over the last ten years. People are eager to bring their visions to life and dream that “their” idea is the “next big thing”, and that it’s the “new and improved” Facebook or Airbnb. Because there are so many new start-ups launching every day, the competition for investor capital is tight.
One of the biggest benefits of being an entrepreneur is working whenever and wherever you like. If your small business is based out of your home, you can take advantage of significant tax savings. Of course, the tax maze is always complicated, and it gets even more difficult when you combine business and personal expenses.
I wanted to share with you 15 of tips to improve your email marketing so that you can increase your sales.
Managing expenses to reduce your tax liability is a critical component of your comprehensive tax minimization strategy. However, this isn’t the only options for getting through the tax maze with your wealth intact. If you are truly committed to keeping your taxes low, it is time to explore tax-deferred and tax-free income opportunities.
The bottom line is that you need to think about scaling as you run and operate your business. In many ways, you build a scalable company through the cumulative impact of hundreds of small decisions through time.
The sad truth is that 50 percent of new businesses fail in their first year, and many of the rest only hang on for another year or two. After pouring your heart and soul into achieving your goals, it is a tragedy when finances force you to close your doors. Certified Tax Coach and Certified Mastery Profit First Professional Randy Owens knows the secret to surviving and thriving in your first few years, and he shared the details in his new release, The Great Tax Escape.