You wear a lot of hats as a small based business owner… check out this great article for tips on managing it…


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SBA Loans for Home-Based Businesses

Obtaining financing for a new venture is never easy, and finding funding for a home-based sole proprietorship business is even harder. But the Small Business Administration (SBA) has made it much easier for home-based businesses to find the financing they need. If your bank has turned down your business loan application, don’t despair. You may be able to find funding for your business through (more…)

Tax Deductions and Your Small Business

Taxes are an inevitable — and painful — part of every business owner’s life. But there are ways to reduce, if not eliminate, your company’s tax burden if you know how to use business-expense tax deductions to your advantage.

Most business owners know they owe taxes only on their net business profit — that is, their total profits after they subtract their deductions. As a result, knowing how to take full advantage of your deductible business expenses can (more…)

7 steps to setting up a home business budget

by Chris Stirling

Every Home Business entrepreneur has the same goal – to earn money, it can be as little as $20 a month or as much a $1,000,000 a year. That being said, as with any business keeping track of incoming and outgoing cash is vital to the success or failure of your business.

At first, the costs of hiring an accountant to manage your cash flow or create a budget for your business may be a bit more than you are willing to take on. So to ensure you do not miss this very important aspect of starting your business let’s go through the 7 steps to set up your budget that you need to take. (more…)

FOXNews.comWomen in Business: She Works Hard for Her Money, So She Better Use it Right

Wednesday, March 07, 2007 – By Megan Dowd – FC1

You work hard for your money — so you’d better make sure it returns the favor and treats you right.

According to financial gurus, when it comes to finances and budgeting, what you don’t know definitely can hurt you.

So, whether you’re an artist, beautician, chef, dentist, editor, florist (I won’t drag this out and go through the entire alphabet, but hopefully, you get my drift) … listen up!

If you earn a paycheck, make sure your money works just as hard (if not harder) than you do. Money is a tool, and if you manage it properly you can build yourself a security net — which means never having to worry about your financial future.

Survey and statistic data released over the past few years suggest women and money-management often do not go hand-in-hand. (more…)

There is apparently debate about whether or not a Mary Kay business can take “real tax deductions.”  Ya’all are probably tired of hearing me say this… but because I come from a Corporate background this was something I checked out before starting my business… now here are some words from a real CPA – name… website and all…. they created a great document and this is just a snip from it… but GREAT information… albeit a bit long… 

What Other Typical Deductions are Associated with Being a Mary Kay Consultant? (more…)

Ok, for those of you who did not know already, your Income Advisory Statement is ready for you on InTouch in the Reports Section.  Post here if you need help finding it and I am sure one of us will get you there.  🙂

So, ya’all know my goal is to get back to six figure and I am sure ya’all are wondering what my personal income advisory statement sez – (more…)

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