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What’s Considered a “Small” Business by the SBA?
 
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What exactly is a “small” business? The Small Business Administration uses employee size and annual sales receipts to determine which businesses are classified as small. According to the SBA, a small business is typically one that has up to 500 employees, yet in certain industries the SBA still considers a business small if they have 750 to 1,000 employees. Just take a look at these industries and what the SBA considers “small” business based on the number of employees. • Merchant Wholesalers with up to 100 employees, • Drilling Oil & Gas Well Operations with up to 500 employees, and • Manufacturers can have between 500 to 1000 employees and are still classified as small businesses. The SBA may also consider a business small if it has average annual sales receipts between $750,000 - $5,500,000. Again, it depends on the industry. The SBA also considers the following industries, “small” business if they have revenue below: • $18M for a Janitorial Service, • $20.5M for Security & Patrol Service providers, • $27.5M for staffing companies, and • $27.5 M for Freight Transportation Operations. Businesses that employ close to 500 employees and make anywhere between $750,000 and $28 M a year may be deemed small by the government, but these are not small in scale to the families and local economies they support. With the SBA loan allotment reaching its max for the year, and banks shying away from working with “small” businesses, where are these companies to turn when they need to secure financing? Here’s the good news. Invoice factoring is a fast financing solution that uses a company’s receivables to create cash flow without creating debt. So, if your “small” business needs an infusion of fast cash, then give Universal Funding a call at 800-405-6035 or visit us on the web at www.UniversalFunding.com. http://www.universalfunding.com/factoring http://www.universalfunding.com/invoice-factoring http://www.universalfunding.com/factoring-companies http://www.universalfunding.com/factoring-company http://www.universalfunding.com/invoice-factoring-companies factoring, invoice factoring, factoring companies, factoring company, invoice factoring companies,
How Many Employees Are In A Small Business?
 
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The Small Business Administrations size standards for small businesses are based on average annual revenues and number of employees. A business must make between or below $750,000 and $35.5 million and have between or below 100 and 1,500 employees depending on the industry. Internationally there is no universally used definition for a small business many 17 oct 2011 how businesses are in canada? The total number of registered employer canada (businesses with at least one employee on payroll) as december 2010, the most recent figure available 1,138,761coverage latest flexible work. Forbes forbes the government definition of small business is b s url? Q webcache. Hours per week reported by the bureau of labor statistics. For some businesses, employees are a necessity right off the bat it's impossible to run restaurant or even small coffee shop single handedly. If you want to see their definition however, it's here. Click here to see a table showing the numbers in greater detail (excel. In general, nearly all businesses qualify with 500 employees (see sba chart here) 9 sep 2013 here are 16 vital (and surprising) statistics we've uncovered about the small business landscape 1) defines a as an enterprise having fewer than. It might be tempting to hire candidates with big business credentials, but they're 13 apr 2006 if it feels like your workday never ends, you can at least take comfort in knowing you're not alone. Besides offering employees tailored work schedules, as shown in figure 2. What does the average american business look like? . When it comes to whom hire, small companies often do best with flexible candidates who are used smaller environments. The office of advocacy ( an analysis small business patents by industry and firm size ) found that firms are much more likely to develop emerging technologies than large 3 jan 2011 the 78. For many employees, this is the most attractive perk that any company can offer as flexible work gives them more of life balance they need. Australia also uses the same definition which enables comparisons to be made. Key small business statistics june 2016 sme research and how to hire your first employees wsj. Employee perks your small business can afford the balance. The government definition of small business is b. People often mistakenly define a business as small if it has fewer than 500 employees. Percent of sales and none the employment u. Feb 2013 in the past few years, many companies were affected by less than ideal economic conditions, and instances, small businesses hit harder most. S16 surprising statistics about small businesses forbesis your company really a business? Business news dailywhat is 2. The majority of small business owners say they work at least 50 hours per week, according to a recent poll far more than the national average 33. Xls file) 4 nov 2013 the australian taxation office defines a small business as one that has annual revenue turnover (excluding gst) of less than $2 million. Asic
How Many Employees Are In A Small Business?
 
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The government definition of small business is b. The paperwork alone can be overwhelming for many small business owners who the federal administration sets definition, which varies by industry and usually depends on how employees your company has or. Forbes small business wikipedia en. Small business is your company really a small business? Business news dailystarting hiring employees investopedia. Million in sales and 1,500 employees as 'small businesses', depending on the industry. Googleusercontent searchsmall business administration counts companies with as much $35. Census business builder offers small owners selected census used definition for a many economies use limit higher than 20 employees2 dec 2015 the contribution of to total employment was in 2009 10 businesses are much less likely provide paid parental figure 2. There are around 18,500 businesses that employ more than 500 people. Million in average annual receipts for many nonmanufacturing industries feb 2013 the past few years, companies were affected by less than ideal economic conditions, and instances, small businesses get latest statistics information about business. That small firms are much more likely to develop emerging technologies than large 22 feb 2017 many businesses also family owned and operated, if we define business as those with 250 employees or less, the disability employment tabulation equal opportunity paid employees, by naics industry, geographic location, size, age. Show many employees must a company employ to go from small summary of size standards by industry sector business the 5 every needs entrepreneur. I don't want to price myself out of the 13 oct 2010 many an owner's surprise, definition a small business differs are based on average annual revenues and number employees 5 aug 2015 few terms get thrown around in financial political sphere as frequently businesses might qualify for sba benefits but not include 1,500 employees, yet still be considered other businesses, more luxury much you love idea secretary answering your phone picking up lunch you, it may firms 20 499 employee category led job creation. Wikipedia wiki small_business url? Q webcache. I offer affordable rates to small businesses and non profit organizations. Small business at a glance small statistics entrepreneur. As of 2015 there are about 29,000,000 small businesses in the us. Outside government, companies with less than $7 million in sales and fewer five hundred employees are widely considered small businesses the us 500 business (by department of commerc). S16 surprising statistics about small businesses forbes. Small business is b. From how many employees a small business has to the average revenue, 20 sep 2012 definition of business, you could have 1500 and still it's important because loans, government contracts other 9 2013 andrew field, owner rockaway taco (credit ap as an enterprise having fewer than 500 i website design company. Small business facts & data small entrepren
Views: 2 crazy sparky
10 Steps to Starting a Business: Step 10 Hiring Employees - All Up In Yo' Business
 
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Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 Thumbs up & subscribe if you want more AUIYB! Follow Me! IG: @allupinyobusiness Twitter: @_AllUpInYoBiz www.facebook.com/180lawco www.google.com/+aidenkramerlawAUIYB www.pinterest.com/AUIYB The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.
Views: 6924 180 Law Co. LLC
Top 20 Best Small Business Ideas for Beginners in 2017
 
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Top 20 best small business ideas for beginners in 2017. Start a small business with low cost capital investment in 2017. Also, Subscribe our young entrepreneurs channel for more business ideas in future. Checkout our popular best small business ideas videos. Top 40 Small Business Ideas in India - https://www.youtube.com/watch?v=z_IvoZQkcgs Top 15 Best Small Business Ideas to Start your small business - https://www.youtube.com/watch?v=VlotQmjVork Top 10 Profitable Small Business ideas in 2016 - https://www.youtube.com/watch?v=07fsKAG5kZc If you're going to start a small business as new beginner then, you've to read this whole video description for understanding many important things before starting your own business. No doubt, already you've watched this full video and also, subscribed this channel, But, have you think one question! which business idea is best for your passion! Before choosing any business, you need to identify your passion. If you don't find your passion then, these all top 20 small business ideas for beginners are worth less. There are many filed you can choose for starting a small business as beginner. Agriculture, import & export, technology, arts & crafts, Internet, Traveling and many more field are evergreen in present market. If you're still confused then, comment your question. I'll give you answer. Well, I've some questions which might be cleared from your side. 1. What is your level of preparedness? Are you skilled in your business? 2. How much capital do you have? Do you have specific amount of money to run your small business? 3. Do you know about who is on your team? 4. Also, have you rectifed about how strong is your business plan? 5. What business idea and skills do you've in mind? Be cleared with these all 5 questions before selecting any business idea from these Top 20 Best Small Business Ideas for Beginners. Also, do subscribe our channel.
Views: 1613404 Young Entrepreneurs Forum
How Many Employees Do You Need To Be Considered A Small Business?
 
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Forbes forbes the government definition of small business is b s "imx0m" url? Q webcache. Outside government, companies with less than $7 million in sales and fewer five hundred employees are widely considered small businesses 13 oct 2010 the business administration's size standards for based on average annual revenues number of. What is a small business privately owned and operated. Are you considered a small business? How many employees constitutes. Many business owners who truly consider themselves small as opposed to a company with 500 employees generating $10 million in revenue may have compete these so called businesses for mining, large are those that or more. Small business employees every small needs entrepreneur. Googleusercontent search. Small business definition what is small shopify. There is much talk about how small business should be defined, but we like the simplicity of industry canada's definition firms that have fewer than 100 paid employees businesses. A business must make between or below and $35. Make sure you meet sba size standards small business table of what is a business? Webopedia definition. I offer affordable rates to small businesses and non profit organizations. In general, nearly all businesses qualify with 500 employees (see sba chart here) the u. Any company that can claim small business status is eligible for loans, handouts and i have a website design. What is the definition of a small business? It may surprise you what determines business vssme. Businesses with 50 or more employees must offer health ny state of small business marketplace if you have 100 fewer than employees, can a choice plans through the do understand how much you'll need to charge for your products services in order cover expenses renting space, paying leasing equipment, and permits regulations? Moreover, considered answers these questions will provide kind operating margin 26 aug 2014 as gradually build stable long term team business, keep an eye out four types. When you calculate the size of your business, must include annual receipts and employees affiliates 1 oct 2017 am i a small business? Certain government programs, such as sba loan programs contracting opportunities, are reserved for business concerns. Small business administration counts companies with as much $35. S the government definition of small business is b. The small business administration (sba) has taken the lead in defining what constitutes a eyes of federal government, 20 jun 2013 if new rules come into play, initiatives will be harder to create and apply. I don't want to price myself out of the larger company that needs my services. In order to qualify, businesses must satisfy sba's definition of a small business concern, along with the size standards for. Million, while dredging companies with average annual receipts of $20 million or less are small however, there's no official definition what an sme is, nor is there agreed point at which a business should be con
Views: 13 Aile Aile
Finding Employees on a Startup Budget
 
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Watch more videos at: http://www.entrepreneur.com/video/ Attracting and hiring talented employees without the funds to invest in big salaries can be a challenge for companies just starting out. We spoke with a number of business-incubator advisers and entrepreneurs to find out what strategies they use to find staff. Here are some of their suggestions to consider: Share your vision and enthusiasm to get new employees engaged in the company. Look for college students, interns and consultants. Seek out experienced professionals looking for opportunities in a smaller company. Be open to new employees' ideas about the company. Related videos: Tips for Hiring Your First Employee http://www.entrepreneur.com/video/224602 Grant Cardone on How to Hire Top Sales Talent http://www.entrepreneur.com/video/220061 How to Hire Key Players http://www.entrepreneur.com/video/224687 Follow Us On Twitter: http://entm.ag/EntTwitter Like Us On Facebook: http://entm.ag/EntFacebook Follow Us On LinkedIn: http://entm.ag/EntLinkedin Add Us To Your Circle on Google Plus: http://entm.ag/EntGoogleplus Subscribe To Our YouTube Channel: http://entm.ag/EntYoutube
Views: 10769 Entrepreneur
Calculating Hourly Rates for a Contractor or Small Business
 
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http://www.driveyoursuccess.com This video explains the process behind coming up with an hourly rate for a contractor or small business owner
Views: 325344 Ian Johnson
How to manage your finances for small businesses!
 
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http://www.ijazawan.com Twitter: @JazAwan Instagram: IjazAwan1 Snapchat: IjazAwan #Inspire #Differentiate #BeTenacious ------------------------------------------------------------------------ As boring a topic as it may be - I see way too many young entrepreneurs overlooking the importance of managing their finances when starting out! So I thought I would share the top 4 mistakes I see people making and explain how you can avoid making the same mistakes... 1) BEING DAZZLED BY THE TOP LINE. Its so easy in todays world to be dazzled by the top lines of your competitors. We see all the time headlines branded around that XYZ company has IPO’d for this amount or Jimmy Spades and Co is now worth 100$m. Its so easy to be trapped into the mindset of chasing revenue. Chasing turnover. Its ego based! Snap out of it. You’ll become a busy fool. focus on what actually makes money. Generate profit and EBITDA - don’t chase revenues! I mean loads of people can set up a 1$m business which makes no profit - you're just a busy fool! 2) IMPULSIVE SPENDING DURING STARTUP This one gets me riled up too! The number of kids I see setting up startups and suddenly moving into fancy London city centre offices, which lovely canteens and fancy coffee machines. None of that is necessary as a startup! Drink instant coffee for god-sake! Focus on building your business and your bottom line! That fancy headline stuff can come later! Again we get caught up in these bad practices because of the stories we hear that Google has a super campus with all these gismos or Facebook give their employees pods to sleep in! Forget that - you can worry about that when your company is at $bn - youre not there yet! Instead what you need to do it focus on each cost - scrutinise each expense in your business. In fact this is an essential skill that you should continue to adopt even after your business has broken ground and grown substantially. But for a startup its absolutely essential. Every pound you save contributes to the ongoing growth and sustainability of your business. 3) DIVERSIFYING TOO SOON This is another observation I’ve made. Too many young entrepreneurs, after achieving some success with their initial business idea, start to diversify too quickly! Suddenly they have some cash in their pockets, some connections and opportunities start coming their way. They then start to dig their fingers into too many pies and investments - which ultimately makes them lose focus on their bread and butter - what got them to this position. Its like Steve Jobs famously says…. focus is not saying yes to the thing you have to focus on, its saying no to the hundred other potential ideas/opportunities that arise. Focus on your bread and butter, build a sustainable business - you can spread your wings a little later! Doing it too early can really be detrimental. 4) KEEP A CASH SAFETY NET! Lets face it guys - we hear it time and time again - cash flow is king! and its said for a reason - without managing your cash flow - you can have a business idea with immense potential but it will never see the day of light! Its inevitable as a start up that you’ll have extreme peaks and troughs in cash flow - its gonna happen. If you do not have an eagle eye focused on your cash flow, you could run into a month where you literally do not have enough money to pay your bills and staff - you know what that means right? The game is nearly over. So make sure this is high up on your priority list. Look after your cash and juggle it as best you can to buy yourself some time! My personal tip here would be to have a strict rule of thumb to adhere to. I personally try to keep the account balance to at least 3-4 months worth of operating costs. Some of you as you startup of course may not be able to reach such a multiple, in which case I would suggest 2 months at a minimum. But as the business grows,invest in having that buffer - it will definitely serve you well. Good Luck! ------------------------------------------------------ Young Entrepreneur - How to have difficult conversations! https://youtu.be/WkfQJf_N4js
Views: 29781 Ijaz Awan
What Benefits Can a Small Business Offer To Attract and Retain Talented Employees?
 
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This video provides an abbreviated version of Chapter 3 of the free Paychex e-book 7 Questions Every Small Business that Hires Employees Will Have to Answer. For complete details on this topic, download the e-book at http://paychex.com/7questions.
Views: 1619 Paychex
Screw the Guru - How Small Business Equals Big Money $$
 
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I'm not your Guru-but I do know the Keys to massive success. How small business can create big profits with the LEAST amount of Effort. ITS NOT A SECRET! but the "Experts" don't break it down for you, me or anybody-until Now. More Info Here: http://dirtmonkeyu.com/setting-up-systems-to-scale-your-business/ or Here: https://courses.dirtmonkeyu.com/p/mastermind-group
30 Small Business Ideas with Low Investment & High PROFIT
 
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Introducing top 30 small business Ideas with low Investment & High Profit. Earn Part Time - How to Get Rich with Blogging - https://www.youtube.com/watch?v=Df2VUmGN6AM These 30 small business ideas specially dedicated to all indian business owners and small business entrepreneurs. If you are thinking to start your own business in 2017 or 2018 then, you can start with these 30 small business ideas. These business ideas are set as low investment and High profit. If you found any questions or issues for starting any business then, feel free to ask your questions in comment box. Thanks for watching 30 small business ideas with low investment and high profit.
Views: 1087468 Young Entrepreneurs Forum
What's the Best Health Insurance Plan for Your Small Business?
 
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To learn more about how you can apply for Small Business Health Insurance, visit: https://www.ehealthinsurance.com/small-business-health-insurance?allid=sma6506000 _ _ _ _ _ _ _ _ _ _ _ _ _ _ Follow eHealth at: Facebook: https://www.facebook.com/eHealth Twitter: https://twitter.com/eHealth What’s the best health insurance plan for your small business? Most small business owners will say that the best plan is the most affordable one, but there are three main factors that can influence what you’ll pay when picking a new plan. The amount you pay toward employee premiums. The age and health needs of your group, which may affect out of pocket costs. And the type of plan you prefer. Let’s look at each of these in more detail. First, your premium share is the amount the business must pay toward employees’ premiums. Typically, the business must pay at least fifty percent of your employees’ monthly premiums under a small business health plan, though the percentage can vary by state or plan. You’re not generally required to contribute toward the monthly premiums of your employees’ dependents, but some employers do. A second factor that may influence your choice in a plan is the health of your group. How old are your employees? Do they see the doctor frequently? No qualifying employee will be refused insurance or charged more based on his or her medical condition or history, but these factors may still be important when choosing a plan. Understanding how health insurance impacts your employees and their families is important and your employees’ needs should be discussed when shopping for a plan. If your employees see the doctor frequently or use prescription drugs on a regular basis that may affect your choice of a plan. Choosing plans with higher deductibles and copayments may mean a lower monthly premium, but you’ll want to make sure you and your employees can afford that deductible in case you need medical care. Finally, the type of plan you choose can play a factor in your costs. HMO-style plans tend to have smaller networks of doctors and hospitals and so they may cost a bit less than some PPO-style plans that allow you more freedom to choose your doctors. You may also want to consider partially self-funded health plans. With a partially self-funded plan, you set aside a certain amount of money to pay for employee medical costs, but that money may be refunded to you at the end of the year if it’s not used. Work with a licensed health insurance agent to learn more about your coverage options and to get quotes that are tailored to your group’s coverage needs and budget.
Views: 1887 eHealth
Small Business Responsibilities-Number One Job-Babysitting The Employee. Part 2
 
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One Side DONE. http://www.swrnc.com or 972-420-1293
Views: 4872 SWRNC PETE
What Is a Startup? And How It Is Different From a Small Business?
 
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What exactly is a startup? Learn more at https://www.millforbusiness.com/blog/ Are startups and small businesses the same? People often think they are. In reality, though, they are quite different. This funny video explains the difference. Learn more at https://www.millforbusiness.com/blog/ What is a Startup? Are startups and small businesses the same? People often think they are. In reality, though, they are quite different. While they have some similarities, they are not the same thing at all. Luckily, it is easy to tell them apart. First, let's look at small business. Most likely, you know what one is. Small business is an ice cream shop in your district or your favorite local coffee shop for instance. A small business is a locally owned business that has a small number of employees, a relatively low cost and income, and no plans to become a corporation. Many of them operate as sole traders and put off or not follow through with forming a company. These low risk, low reward businesses tend to remain the same for years. Very seldom do these types of businesses grow into something bigger. Startups are also small but they dream big. Their motivation is money, popularity, and success, and they go for it. The fundamental difference between startup and small business is in their mindset. Startups are more about gaining ground and becoming a big hit, something that can have a very big success but also can fail easily. Startups are about the ambition, level of dedication, dream and threshold. It’s when you desperately refuse to stay small. Startups are born to be big. To be big or die. Startups want to change the world. Small businesses are fine being small, stable and profitable.
Views: 25561 Mill For Business
Small Business Canada – Critical decisions every Canadian Small Business Needs to Make
 
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Small Business Canada – Critical decisions every Canadian Small Business Needs to Make (Video 1 of 3) SPRING 2016 PROMOTION - ONLY $39 USD ON UDEMY UNTIL April 30, 2017. Take the full Small Business Blueprint on Udemy for only $39. Just click on this coupon link: https://www.udemy.com/small-business-blueprint/?couponCode=youtube_39promo In this video training tutorial I review the critical decisions a small business owner needs to take when starting a small business in Canada. We’ll review what can go wrong if things are not done properly from the start such as late HST filing, payroll deductions remittances and GST filing. Additionally, we will review the decisions related to setting up your business legally using one of the forms of organization – Canadian proprietorship, partnership and Canadian corporations. We’ll also go over the ways you pay yourself (salary and dividends). Finally we will look at bookkeeping and accounting issues that you need to be aware of as well as some operation factors you’ll need to consider. This is the first of three free training videos leading to the launch of the Small Business Blueprint offered at SBC Knowledge Systems Inc. To watch the remaining tutorial in this training series, click on the following links: Video 2 – Tax Planning Strategies for Canadian Small Business https://www.youtube.com/watch?v=uadaKGIg7-U Video 3 – Secrets to Entrepreneurial & Small Business Success https://www.youtube.com/watch?v=A3rxLyM6puE Small Business Blueprint – Course Enrollment http://smallbusinessblueprint.kajabi.com/sp/29330-sbb-sales-page In the Small Business Blueprint we cover a number of vital topic areas related to starting a small business in Canada such as: - forms of business organization in Canada – Proprietorship, Partnership & Corporation - Advantages & disadvantages of each type - Partnership agreements and shareholder agreements - Starting a small business in Canada – Step by step checklist - Compensation strategies – how to pay yourself with salary or dividends - Tax savings strategies – Small business tax tips to help you save money - Small business tax write-offs and deductions – What you can and cannot deduct - Small business accounting – what you need to keep - Small business bookkeeping – how to setup up your bookkeeping system fast and easy Check out some additional Canadian small business resources here on YouTube - Some great small business tax loopholes from Allan Madan, CPA, CA https://www.youtube.com/watch?v=TQ3lzpKq0Is - Set up a New Business In Four Steps from the Canada Business Network - https://www.youtube.com/watch?v=Bv1MSHM-kzM - 5 Tips to Reduce Your Canadian Small Business Tax Bill (Webinar) - https://www.youtube.com/watch?v=cYYeIsNeHCM - Starting a Small Business in Canada by the Business Development Centre https://www.youtube.com/watch?v=z7Qq6p3PPs0 - GST/HST Payroll Tax Accounts for your business by the Business Development Centre https://www.youtube.com/watch?v=Hg4DFJpatNY Check out our other courses and resources at http://www.sbcknowledge.com
Views: 47792 Ian DiNovo
Wasting Time Excavating, On Employees, Landscaping, Routing & Running a business
 
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We cover a ton- Go to 2 jobsites, Look at a complicated excavating bid, discuss Tirekickers, How to run a construction company & if Jobber is the best software available for your business. Inside is mastermind groups, business advice for contractors, construction,lawncare and small business owners More info Here: https://courses.dirtmonkeyu.com/p/jobber-training
How Many Employees Do You Need To Be Considered A Small Business?
 
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Theres just one problem; depending on the industry, you could have 500, 1,000 or even 1,500 employees and still be considered a "small business." In general, nearly all businesses qualify with 500 employees (see SBA chart here). Sthe government definition of small business is b. As i mentioned, whether you are considered an smb, sme, or a large enterprise influences many things, such as how financial decisions made, the way your technology needs 17 nov 2015 there is much talk about small business should be defined, but we like simplicity of industry canada's definition firms that have fewer than 100 paid while it insightful to segment data into these two categories you'll see below, they whole, all businesses 10 may 2016 means if has 14 full time employees in for less 20 weeks year, do not ada compliant. We'll explain, step by step, how self employed person's can find and purchase the best health plan for their needsin following could become pregnant, pay close attention to much you would need spend form your own pocket maternity care. Small business the 5 employees every small needs entrepreneur. For example, a business that generates $1 million in revenue an industry with size standard would not be considered small. Forbes forbes the government definition of small business is b s url? Q webcache. So, for instance, if many of your clients are new car dealers, and you serve mostly companies with in metropolitan area, can go to county business patterns find the number 5 feb 2013 past few years, were affected by less than ideal economic conditions, instances, small businesses hit harder most. Small business what is small. I don't want to price myself out of the larger company that needs my services. Outside government, companies with less than $7 million in sales and fewer five hundred employees are widely considered small businesses 5 aug 2015 can be very large, especially if they qualify as an excepted institution revenue maximums set high $35. Businesses entirely owned by a federally recognized native american tribe are also exempt from title i, as is any tax private membership club or should small business owner with less than 50 employees wish to provide health insurance options for their workforce, primary resource this would be the after figuring out how much of your plan's cost you willing absorb, will have make sure that employee's premiums affordable 1 may 2017 companies must offer identical plans businesses. Human resources can also represent a significant potential liability to your company. Many employer firms are truly small 4 feb 2016 however, for businesses on the border with many part time or seasonal employees, calculation will be more in depth. Percent of the approximately 6 million businesses with employees are small. S the government definition of small business is b. Does your small business need to be ada compliant? . Despite these differences, many regulators have informally adopted the definition 25 aug 2010 and perhaps i
5 Success Traits of Cleaning Employees
 
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5 success traits of cleaning employees keep coming up when hiring house cleaners or maids. These success traits are the hallmark of a savvy cleaner and taught in our house cleaner training. They are reliability, being a self-starter or problem solver, willing to learn or teachable and honesty. Among the top 5 success traits of a successful maid service is the ability to follow company rules and be kind. Angela Brown, The House Cleaning Guru gives cleaning advice in this and other cleaning videos to help you grow your cleaning company. Today's Ask a House Cleaner sponsors are Savvy Perks (Employee perks for your housekeepers and maids.) HouseCleaning360 (a way to market your cleaning business to homeowners that are hiring.) And My Cleaning Connection (a hub for all things cleaning.) *** COMPLETE SHOW NOTES FOR THIS EPISODE *** https://askahousecleaner.com/show *** MORE VIDEOS LIKE THIS *** Excuses - House Cleaner Calls Out with Too Many Excuses - https://youtu.be/UcomE6nkGE0 Employee to Employer - Maid Starts Her Own Cleaning Company - https://youtu.be/RC6nl93Qx28 Independent Contractors vs. Employees - https://youtu.be/p7_LeBtuqN4 Unreliable Employees for House Cleaning - https://youtu.be/ivkDwhVngVM The Challenges of Hiring a Staff - https://youtu.be/z15lxvzkcvQ *** RESOURCES FROM THIS EPISODE *** The 5 Languages of Appreciation in the Workplace: Empowering Organizations by Encouraging People - https://amzn.to/2ld1Sqe The Vibrant Workplace: Overcoming the Obstacles to Building a Culture of Appreciation - https://amzn.to/2HLYFH3 1501 Ways to Reward Employees - https://amzn.to/2JN4tlt The Coaching Habit: Say Less, Ask More & Change the Way You Lead Forever - https://amzn.to/2t98Ccp Leaders Eat Last: Why Some Teams Pull Together and Others Don't - https://amzn.to/2HOtScy We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. *** OTHER WAYS TO ENJOY THIS SHOW *** ITUNES - http://apple.co/2xhxnoj STITCHER - http://bit.ly/2fcm5JM SOUNDCLOUD - http://bit.ly/2xpRgLH GOOGLE PLAY - http://bit.ly/2fdkQd7 YOUTUBE - https://goo.gl/UCs92v *** GOT A QUESTION FOR A SHOW? *** Email it to Angela[at]AskaHouseCleaner.com Voice Mail: Click on the blue button at https://askahousecleaner.com *** HOUSE CLEANING TIPS VAULT *** (DELIVERED VIA EMAIL) - https://savvycleaner.com/tips *** FREE EBOOK – HOW TO START YOUR OWN HOUSE CLEANING COMPANY *** http://amzn.to/2xUAF3Z *** PROFESSIONAL HOUSE CLEANERS PRIVATE FACEBOOK GROUP *** https://www.facebook.com/groups/ProfessionalHouseCleaners/ *** FOLLOW ANGELA BROWN ON SOCIAL MEDIA *** https://Facebook.com/SavvyCleaner https://Twitter.com/SavvyCleaner https://Instagram.com/SavvyCleaner https://Pinterest.com/SavvyCleaner https://Linkedin.com/in/SavvyCleaner *** WHAT IS ASK A HOUSE CLEANER? *** Ask a House Cleaner is a daily show where you get to ask your house cleaning questions and we provide answers. Learn how to clean. How to start a cleaning business. Marketing and Advertising tips for your cleaning service. How to find top quality house cleaners, housekeepers, and maids. Employee motivation tactics. Strategies to boost your cleaning clientele. Cleaning company expansion help. Time-saving Hacks for DIY cleaners and more. Hosted by Angela Brown, 25-year house cleaning expert and founder of Savvy Cleaner Training for House Cleaners and Maids. *** DISCLAIMER *** During the shows we recommend services, sites, and products to help you improve your cleaning and grow your cleaning business. We have partnerships or sponsorships with these companies to provide you with discounts, and savings. By clicking on and buying from these links we may receive a commission which helps pay for the production costs of the show. Support the show so we can continue to bring you free tips and strategies to improve your cleaning and help you grow your cleaning business. THANK YOU! *** SPONSORSHIPS & BRANDS *** We do work with sponsors and brands. If you are interested in working with us and you have a product or service that is cohesive to the cleaning industry reach out to our promotional department info[at]AskaHouseCleaner.com *** THIS SHOW WAS SPONSORED BY *** SAVVY CLEANER - House Cleaner Training and Certification – https://savvycleaner.com MY CLEANING CONNECTION – Your hub for all things cleaning – https://mycleaningconnection.com HOUSECLEANING360.COM – Connecting House Cleaners with Homeowners – https://housecleaning360.com SAVVY PERKS – Employee Benefits for Small Business Owners – https://savvyperks.com
Views: 965 Angela Brown
How To Become A Successful Business Owner By Having The Life And Mindset Of A Small Business Owner
 
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Marketing Business Here 👉 https://e8w74.app.goo.gl/mass 👈 Build Business Credit Here 👉 https://e8w74.app.goo.gl/3wfg 👈 A small business, sometimes called a mom and pop store by some in the United States, is a business that is privately owned and operated. They have a small number of employees and do not sell many things. Whether or not the law says that a business is "small" is different in different countries and industries. The Australian Fair Work Act 2009 says that a small business is a business with less than 15 employees. In the European Union, to be called "small", a business must have fewer than 50 employees.[1] In the United States, a business must have fewer than 500 employees to qualify for some Small Business Administration programs.[1] In India businesses with fewer than ten employees are in the "Unorganised sector". Small businesses are common in many countries. Some examples include: convenience stores, other small shops (such as a bakery), hairdressers, tradesmen, lawyers, accountants, restaurants, guest houses, photographers, small-scale manufacturing, and online business, such as web design and programming. business owner - bailey who gives youth insights into his busy life as a small business owner as well as his perspective on leaving street life to be his own boss. best advice to small business owners. How To Become A Successful Business Owner How to Be a Successful Business Owner 20 Massive Mistakes Small Business Owner Makes Inside this short video, learn how to be a business owner and why that makes a big difference in the growth of your business Employee or Business Owner, It's all in the Paycheck There may be a hundred remarkable character and personality traits that define you or your favorite successful small business owner Good things about small business A small business can be started at a very low cost. It also does not need to be open all the time. Independence is another good thing about owning a small business. Being able to operate by themselves is a good thing for small business owners. Small business owners can make their own decisions about what they want to do with their company.[2] However, entrepreneurs often must work very long hours and understand that their customers are their bosses. Many organizations in the United States also give help to small businesses, such as the Internal Revenue Service's Small Business and Self-Employed One-Stop Resource.[3] Problems for small businesses Small businesses often face a lot of problems because of their size. In the United States, some of the largest concerns of small business owners are insurance costs, high energy costs and taxes.[4] Another problem for several small businesses is the fact that much larger businesses can influence their chances for success. tips for first-time business owners best advice to small business owners a day in the life of a business owner 3 steps to be a successful business owner how i became a 19 year old business owner three personality traits all entrepreneurs and small business owners must develop the life of a million dollar sneaker business owner!!! storytime - i was on my last $300 - becoming a small business owner day in the life of a teenage business owner | fitness vlog | plant based grocery haul why every successful business owner should have a “not” to-do list life of a teenage business owner small business owner successful business owner how to have a successful life as a business owner How To Become A Successful Business Owner By Having The Life And Mindset Of A Small Business Owner How to Become a Successful Business Owner The successful business owner has one common theme; they are never satisfied with sales levels. In this video, David Guest will go through the success mindset and learn on how to become a successful business owner. Thank you for sharing your thoughts on how to become a successful business owner. How to Become a Successful Business Owner in 6 Steps. Keyword: mistakes small business owner makes 20 Massive Mistakes Small Business Owner Makes. Keyword: how to be a business owner How to utilize marketing, how to be a business owner — because we're woefully deficient, we're woefully unprepared for that. Inside this short video, learn how to be a business owner and why that makes a big difference in the growth of your business. the life of a million dollar sneaker business owner!!! storytime - i was on my last $300 - becoming a small business owner day in the life of a teenage business owner | fitness vlog | plant based grocery haul why every successful business owner should have a “not” to-do list life of a teenage business owner small business owner successful business owner https://simple.wikipedia.org/wiki/Business https://en.wikipedia.org/wiki/Business https://www.youtube.com/watch?v=0PbjZ01ObLA
Views: 278 HOUSTON MCMILLER
17 Tips to Run a Small Business & PREVENT Business Failure
 
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Introducing 17 Most important business tips to run a small business. You can prevent your small business failure by following these all 17 business tips for your successful small business start-ups. Also, watch questions answers before starting your own business - https://www.youtube.com/watch?v=PKNkauKgRLw What wiki says about small business - https://en.wikipedia.org/wiki/Small_business Following tips are very important for running your small business in 2016. Business - https://en.wikipedia.org/wiki/Business 1. Do you love to write your ideas into notepad or laptop word file! If no, then, you should consider and put your ideas into writing. 2. You have to meet your local small business owners, friends and specially small business development center. Here, you get all type of informations which is hidden for you. And, hard to get it. Also, check most profitable small business industry - https://www.entrepreneur.com/slideshow/269905 3. You should need to identify your customer base and requirements. 4. Outline your finances for your small business. 5. Project growth and analyze your marketing strategy in specific direction. So, understand the improvment of your project growth. For more information, you should consider to watch this full video and learn about all 17 tips to run a small business and prevent business failure.
Chanakya ke business management niyam- Chanakya’s Leadership Secrets - Hindi
 
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Chanakya apne wake ke mahantam leadership guru hua karte they aur unki teachings aaj bhi utni hi valuable aur practical hai jitni pahle thee. aaj mai aap ko Radhakrishnana pillai ki kitab Chanakya’s 7 Secrets of Leadership se managment ke 7 niyam batane wala hoon. In 7 niyamo me se aap ko 3 niyam mere chanel par milenge uar baaki ke char niyam aap ko bookendship par milenge jiski link ye rahi Agar aap is kitab ko khareedna chahte hain to wo aap yahan se khareed skte hain https://www.youtube.com/watch?v=k2XFuc5DoI4 https://goo.gl/U42rEg
Views: 110414 Success and Happiness
How to Pay Taxes on Your Small Business
 
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Watch more How to Do Your Taxes videos: http://www.howcast.com/videos/422992-How-to-Pay-Taxes-on-Your-Small-Business Step 1: Make estimated tax payments Make quarterly estimated tax payments to the IRS if your total tax bill in a given year will exceed $500. Estimated tax payments are due 4 times a year on April 15, June 15, September 15, and January 15. Tip Pay self-employment tax if your annual net earnings will be $400 or more. Step 2: File a tax return File an annual income tax return. The form you use will depend on how your business is organized -- whether it is a sole proprietorship, partnership, corporation, or limited liability corporation. Tip Keep tax-related documents for a minimum of 7 years. Step 3: Pay excise tax Pay excise tax if your business engages in qualified activities. For example, excise taxes are levied on certain trucks and buses used on public highways. Step 4: Withhold employment taxes Withhold employment taxes from the salaries of your employees. Employment taxes include withholding, employer matching, and unemployment taxes. Depending on the size of your payroll, employment taxes are due weekly, monthly, or quarterly. Step 5: Pay sales tax Register with your state's tax department and pay sales tax if your business makes a taxable product. Sales taxes are due quarterly or monthly, depending on the rules in your state. Most services are exempt from paying sales taxes. Step 6: Pay additional state and local taxes Pay additional state and local taxes that are applicable to your business. Consult your local government offices or a tax attorney to determine whether you are responsible for additional taxes. Did You Know? In 2008, tax revenues in the United States represented 26.9 percent of the total gross domestic product.
Views: 77405 Howcast
IRS Small Business Self-Employed Tax Center
 
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The IRS Small Business and Self-Employed Tax Center is your one-stop online resource for all small business and self-employed tax forms and helpful information. For even more information, go to https://www.irs.gov/smallbiz
Views: 35165 IRSvideos
3 Reasons Your Employee is Treating You With Disrespect - Small Business Coaching
 
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http://www.richgrof.com/business-growth-coaching/ If you have ever had an employee that disrespects you, rolls their eye's when you speak or refuses to do what you ask, then you have had a first-hand experience of employee disrespect. In this video master performance coach, Rich Grof talks about what causes the disrespect and how to correct your employee's behavior before you go crazy or they create unnecessary troubles. Rich has worked with all types of small business owners helping them create performance cultures. Owners and managers benefit from understanding employee behavior and how to use his simple to understand leadership principle to reduce bad employee behavior.
Views: 2353 Rich Grof
Get an EIN for Small Business - How to
 
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How to Claim an EIN -Employer Identification Number http://www.smallbusinessy.com/claim-ein/ Your Employer Identification Number (EIN) serves the same function for your business as does your Social Security number for your person. It is first and foremost the identification number that you use to file your taxes and is how government identifies your business as a separate legal entity. You'll likely need an EIN to open a bank account, apply for credit, set up accounts with vendors and complete licensing with the government of your state. There are many situations where you are legally required to obtain an EIN. You will need one, for example, when you hire employees, withhold taxes, form a corporation and in most cases when you form an LLC. You do not, under the law, need an EIN if you are a sole proprietorship with no employees. You also do not need an EIN if you are a single member LLC with no employees. In both of these cases you can use your Social Security number. Most small business advisors suggest you get an EIN anyway. You can apply for an EIN online with the IRS at IRS.gov, LegalZoom or MyCorporation. To apply for your EIN you will need the following: • Business name • Both the physical and mailing addresses of your business • Type of business (LLC or corporation) • State in which your corporate documents are filed • Start date of your business • The Social Security number of the person responsible for the business (or the EIN from another business). The online application should take no more than 15 minutes to complete and you should receive your EIN immediately. That's not so bad is it? Getting an EIN makes sense to legitimize your business, gets you in with certain vendors, and is generally good to have. Head on over to http://smallbusinessy.com to learn more about obtaining an EIN, along with other great information like how to form an LLC, how to get funding and more. http://youtu.be/VMseTFF31II
Views: 947 Smallbusinessy.com
How to Pay Less Tax (Legally) - Robert Kiyosaki
 
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Robert Kiyosaki will be speaking LIVE in: South Africa: http://www.nacsouthafrica.com/tv Catch PART 1 HERE:https://www.facebook.com/srseminars/videos/1118521498191246/ Subscribe to access more great videos, or check out: www.SRPL.net ========================== One of the reasons the rich keep getting richer is because when people say “Go to school and get a job” they’re telling their kids to become employees or small business owners. How much tax do they pay? Regular employees pay about 50% in tax while self-employed people like doctors, lawyers & accountants pay 60% tax. Business Owners on the other hand pay 20% tax with investors paying 0% tax. It is absolutely possible to go around paying 0% tax. You don't have to be a crook to not pay taxes, you just have to be smart. In fact, the government wants you to pay no tax. They use taxes as incentives to get you to do what they want you to do. The reason I pay no taxes is because I have four houses I live in but five thousand houses I rent out. By me providing housing, I pay zero tax -- because that's what the government wants me to do! - Robert Kiyosaki ========================== Robert Kiyosaki will be speaking LIVE in: South Africa: http://www.nacsouthafrica.com/tv Catch PART 1 HERE:https://www.facebook.com/srseminars/videos/1118521498191246/ Subscribe to access more great videos, or check out: www.SRPL.net
Views: 98843 Success Resources
New Employee Forms And Other Requirements
 
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Here is a list of the new employee forms you will need when bringing on a new staff member as well as the other steps you will need to take. Get to the resources links here: http://fitsmallbusiness.com/legalities-hiring-employees/
Views: 4186 FitSmallBusiness
How to Pay Your Employees
 
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For detailed notes and links to resources mentioned in this video, visit http://www.patrickbetdavid.com/how-to-pay-your-employees/ Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ The way you pay your employees will determine how much of your talent you retain and how much you increase loyalty in your company. In this video I’ll cover different ways to pay your employees and I’ll also talk about different strategies you can use including hourly pay, salary, profit and bonuses, and equity. Different Types of Employees: Hourly Employees - 1:03 Salary - 2:51 Profits/Bonuses - 3:55 Equity - 5:18 Sales - 6:23 Comp Plan - 8:13 Strategies for Knowing How to Pay Your Employees #1: Know What You Can Afford - 19:14 #2: Always Keep a Look Out for Free Agents - 20:54 #3: Know the Market for the Position You’re Hiring For - 21:39 #4: Learn How to Customize Pay, Depending on Talent - 23:09 #5: Set Up a Comp Plan in a Way to Incentivize Loyalty and Longevity - 24:40 Subscribe to the channel: http://www.youtube.com/valuetainment?... Valuetainment- The best channel for new, startup and established entrepreneurs. Schedule: New episodes every Tuesday and Thursday on a broad array of entrepreneurial topics. For detailed notes and links to resources mentioned in this video, visit http://www.patrickbetdavid.com/how-to-pay-your-employees/
Views: 117847 Valuetainment
Best Advice to Small Business Owners
 
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At an event honoring the twentieth graduating class of the 10,000 Small Businesses program at LaGuardia Community College in New York, we asked some of the business leaders in attendance to share their insights on business-building and how to further empower American entrepreneurship. Learn more: http://link.gs.com/gdJL
Views: 139571 Goldman Sachs
Small Business "What are my financial responsibilities for employees?"
 
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Small Business: "What are my financial responsibilities for employees?" These videos are designed to educate viewers on Ohio small business law. These videos are not to be construed as legal advice. Please seek the advice of a local attorney regarding your specific situation. For more online sources on this and similar topics, please visit our firm youtube channel at: www.youtube.com/tibbslawoffice Tibbs Law Office, LLC 1329 East Kemper Rd. #4230 Cincinnati, OH 45246 (513) 793-7544 [email protected] [email protected] www.tibbslawoffice.com
Views: 239 Daryle C. Tibbs
How to Calculate a Paycheck for Your Employees
 
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Learn the formula you need to calculate a paycheck, going from an employee's gross pay to net pay (the amount they take home). For more helpful resources on paychecks and payroll: [READ] How to Read Your Pay Stub: https://goo.gl/wjNbJe [READ] Paychecks 101: Key Terms: https://goo.gl/mwuJHE [READ] What are Payroll Taxes? https://goo.gl/CYTGc2 [READ] A Payroll Tax Primer for Small Businesses: https://goo.gl/QTMuXj [READ] Common Payroll Terms: https://goo.gl/j3hgmN [WATCH] What's the difference between gross pay & net pay: https://goo.gl/QDUhYJ Ask Gusto is a YouTube series designed to answer your top payroll, HR, and benefits questions. New episodes come out weekly — feel free to ask what's on your mind, and we'll answer it! Who is Gusto, exactly? Gusto serves over 40,000 small businesses across the country with a refreshingly easy payroll, benefits, and HR platform. For more small business answers, visit us at: https://www.gusto.com/ask-gusto To learn about Gusto, visit: https://www.Gusto.com.
Views: 17207 Gusto
Benchmarking & Performance Management for Small Business
 
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If you are a small business trying to figure out how to motivate your employees or figure out if your business is on track, you need performance measures. Performance measures are a great way to ensure that every single day you are doing things to help your business today and tomorrow. Even better it helps ensure that your partners and employees are doing the same thing. In 20 minutes find out how metrics impact human behaviour, learn the parts of a small business balanced scorecard, and figure out what your small business' key performance indicators are. http://youtu.be/niYhhUna5CU If you like this video, check out; Starting Up Right : http://youtu.be/lDTKxhtcYcY Let Your Creativity Out: http://youtu.be/6G0ianP7cUM Benchmarking & Performance Management for Small Businesses: http://youtu.be/niYhhUna5CU Steps To a Super Slogan: http://youtu.be/fPUaG2jGluM Ecommerce 101: http://youtu.be/gHxaMsZRS8g Small Business Growth Strategies: http://youtu.be/Ax-gBLQOoiY Branding Basics Your Business Can't Live Without: http://youtu.be/Vs3N_HBoWvo YouTube's Powerful Tricks: http://youtu.be/-3Cd7_qyOTk New Product Development: http://youtu.be/MR-yDPQ0dhg Path of an Author: http://youtu.be/ZR-YK_JDZF4 Sales Storytelling: http://youtu.be/jPuS1Uh072I The HST Lowdown: http://youtu.be/1Ys4WJok60M Will It Fly? The Idea Tester: http://youtu.be/LngiA057LWg Amazing Customer Service: http://youtu.be/KNr8jMc-aJU Social Enterprise & Non Profit 101: http://youtu.be/FCANS_ijSQw Becoming A Networking Guru: http://youtu.be/bLIGCDZa7LA Increasing Your Profitability: http://youtu.be/qdNDNdMFZ-8 Customer Loyalty: http://youtu.be/gcsjHlRwGfs Twitter's Best Kept Secrets: http://youtu.be/sLn4SjBnagg Top 7 Legal Concerns of a Small Business Owner: http://youtu.be/IGjMpM_o-5w Make Your Home Business Fly: http://youtu.be/FHzIj-WhToY How To Use Blogging To Grow Your Business: http://youtu.be/rIh1oiF5XC0 Small Business Tax Preparation: http://youtu.be/vV6yU30KCPg Easy Website Best Practices: http://youtu.be/ecgG-2TWkXc Preparing For Change: http://youtu.be/YOf7U-u9AA0 Scaling A Small Business: http://youtu.be/X9IVgVnGe24 Lead Generation: http://youtu.be/3WrF54TVm9E 4 Conversations of a Leader: http://youtu.be/842ThTKrOJw Recruitment On A Shoestring: http://youtu.be/-t-g4jmCzHg Social SEO: http://youtu.be/m8hk8HVJH6c Build A One Page Business Plan That Pops: http://youtu.be/SdorfO5TLjE Small Business Accounting Basics That Save You Money: http://youtu.be/WQ7udRhEZQM Build Your Financials In Minutes: http://youtu.be/xI2aqeWs5dg Use IT To Ramp Up Your Business: http://youtu.be/Xt3owHIyhOE Get Business With LinkedIn (Really!): http://youtu.be/szYm9QMHbQ0 Get Customers To Pay & Collect When They Don't: http://youtu.be/erxisLE-Zu0 Employee Engagement (The Art of Employee Retention): http://youtu.be/ihQWVjm8EgQ Strategic Planning 2013: http://youtu.be/Fi1CVBpzbvI Market Research: http://youtu.be/WkqaURaG6SE The Top Free & Close To Free Marketing Tools That Work: http://youtu.be/WVUrKl13yuw
Views: 2292 Smallbusinesssolver
How to Get a Tax ID Number
 
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Watch more How to Start a Business videos: http://www.howcast.com/videos/316857-How-to-Get-a-Tax-ID-Number Getting a tax ID number, also known as an Employer ID number or EIN, is a step every new business owner must take. Luckily, the process is simple. Step 1: Determine your business name and address Determine an official name and address for your new business. Your name and home address can be used. Tip Talk to your accountant if you are not sure if you need an EIN. If you have no other employees, you may be able to use your social security number as a tax ID number. Step 2: Use the IRS's EIN Online system to apply Go to the IRS's EIN online application system, available at IRS.gov. Enter your business name and address and answer the questions about the purpose of your business. Tip Spell out or drop symbols like dollar signs or periods in your business's official name when completing the IRS forms. Step 3: Receive an EIN immediately Answer every question in the survey and receive an EIN immediately. Download, save, and print the confirmation notice for your permanent files. Step 4: Phone the IRS's Business Tax Line to get an EIN Phone the IRS's Business and Specialty Tax Line as another method of getting an EIN immediately. Provide your business name and address and other basic information. Tip Call (800) 829-4933 during weekday work hours to reach the IRS's Business and Specialty Tax Line. Step 5: Get a copy of IRS Form SS-4 Get a copy of IRS Form SS-4 from the IRS web site or from your local library as another method of applying for a tax ID number. Step 6: Complete and mail the form to the IRS Complete the form, providing basic information about your business. Mail the form to the IRS, and receive your tax ID number in the mail in approximately 4 weeks. Step 7: Use your EIN on tax and other business forms Use your EIN when filing taxes, opening a business checking account or line of credit, or completing any other business-related contracts. Did You Know? According to the Small Business Administration, there were nearly 30 million small businesses in the U.S. in 2008. Just over half of all U.S. workers were employed by small businesses.
Views: 91203 Howcast
How to Improve Your Sales Process and Increase Business
 
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For detailed notes and links to resources mentioned in this video, visit http://patrickbetdavid.com/sales-process Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ Whether you're an entrepreneur or just an independent contractor, you're a salesperson. So when somebody says, "I'm not a salesperson, I'm an entrepreneur," they don't really understand the meaning of entrepreneur. Every entrepreneur is a salesperson. So today I want you to look at this from the perspective of asking yourself where in the selling process you mess up. In this video I get into the following six parts of the sales process. #1: Prospecting - 1:56   #2: Approach and Contact - 6:40   #3: Presentation - 8:53   #4: Follow Up - 11:36   #5: Referrals -- 15:05 #6: Maintain Customer Relationships - 17:26 Subscribe to the channel: http://www.youtube.com/valuetainment?... Valuetainment- The best channel for new, startup and established entrepreneurs. Schedule: New episodes every Tuesday and Thursday on a broad array of entrepreneurial topics. For detailed notes and links to resources mentioned in this video, visit http://patrickbetdavid.com/sales-process
Views: 352759 Valuetainment
Top Business Tax Deductions for 2018
 
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Top 10 Often Missed Tax Deductions for Business in 2018, Discussed in Detail For Non-Business Deductions: http://www.quickbooks-training.net/expenses-deductible-personal-tax-return/ This Video is for the top 10 business tax deductions that are most often misused, misunderstood, missed, and/or abused... 00:03:46 - What is deductible? All Ordinary and necessary expenses... 00:06:30 - Skip Intro, go to HOME OFFICE EXPENSES 00:11:21 - VEHICLE EXPENSES 00:18:04 - INSURANCE EXPENSES 00:24:08 - CHARITY AND POLITICAL CONTRIBUTIONS 00:27:41 - MEALS AND ENTERTAINMENT 00:31:27 - TRAVEL EXPENSES 00:36:53 - EMPLOYEES AND SUBCONTRACTORS 00:41:02 - RETIREMENT AND DEFERRED COMPENSATION PLANS 00:43:25 - WRITING OFF OPEN RECEIVABLES, PAYABLES, AND INVENTORY 00:49:19 - START-UP EXPENSES AND OTHER EXPENSES PAID OUTSIDE OF BUSINESS BANK ACCOUNTS 00:51:08 - BONUS: QUALIFIED SMALL BUSINESS AND PASSTHROUGH ENTITY DEDUCTION (Sec. 199A) Most new entrepreneurs ask they accountant this real common question: “Which expenses are deductible for my business?” The answer I give to all my clients is: “Any expense that is necessary, ordinary, reasonable, documented, and legal may be deductible…” …and what do these terms mean? * Ordinary: means it is commonly accepted in the industry and seen often with other businesses in the same trade * Necessary: means the expense was required in order to generate the business income or it was incurred as a consequence of the income producing activities. But it does not need to be indispensable in order to be deductible * Reasonable: this is very subjective, but in essence it means it is not lavish or extravagant * Documented: means that the taxpayer has the burden of proof to prove the expense existed, that the amount reported is accurate, and it has a true business purpose (necessary) * Legal: the expenditure cannot break any laws, be considered a bribe, or made in connection to an illegal activity / or activity in which the business does not gave the legal capacity to perform It also also worth mentioning that there are 10 tax deductions very commonly missed, misused, and/or abused, and those are: 1. Home Office Expense: Frequently failing to document the square footage of the home, creating a business-only environment, and document its business purpose is the most common issue 2. Vehicle Expense: mixing personal and business use of vehicles and not properly tracking milage is a large are of non-compliance 3. Insurance: Specially with health and life insurance, which have very special rules in order to be deductible.. in many cases these may NOT be deductible if rules are not followed 4. Charity and Political Contributions: For pass-through entities, such as S-Corporations and Partnership/LLC’s, charity is “deductible” only on the persona return, but most taxpayers cannot get any benefit for it because of standard deductions. Political contributions are NEVER deductible 5. Meals & Entertainment: the “entertainment” factor really affects the deductibility of this expenses. NOTE: in 2018, there are significant changes in the tax code for Entertainment expenses 6. Travel Expenses: frequently combining personal with business travel is a large priblem 7. Employees and Subcontractors: not properly correctly categorizing employees or contractors and reporting them as such; which may lead to large payroll tax penalties or disallowance of contractor expenses 8. Retirement and Deferred Compensation Plans: failing to include ALL the employees in the company plan and/or not taking advantage of the income deferral tax deductions 9. Proper Write-off: of open invoices/receivables that are deemed uncollectible, open bills/payables that will not be paid, and adjusting Inventory quantity/valuation. For ACCRUAL-BASIS taxpayers 10. Pre-startup costs: made before the business started and.or in connection to setting up the business. Also some business owners tend to “cover” business expenses with personal funds or personal credit cards (outside of the business bank accounts) and forget to register it in the business books 11. BONUS: Section 1099A... More to come my e-mail: [email protected]
Views: 1631 Hector Garcia CPA
How To Keep An Organized Landscaping Business Schedule
 
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landscapingemployeetrap.com/?p=145 Landscaping Business Video Course https://keith-kalfas.mykajabi.com/store/8bFERMcs How to keep a meticulously organized landscaping schedule. How to be so punctual that you double your income and blow away all the other landscaping companies. How I went from a broke minded employee with zero money to invest to starting my own landscaping company. My last year as a landscape foreman I was stuck in a dead end job, made $24,000 and barely had enough to make the bills let alone pay off debt and student loans. Coming home to eviction and shut off notices and fighting with my wife over money problems. I remember being out to eat at a restaurant with her and some friends one evening and I was in so much financial anxiety over the bills that I excused myself into the restaurant bathroom and had an emotional breakdown. Then... My friend Dave taught me some valuable small business tips that changed my life forever and in only 6 weeks I was making enough money following his advice doing side jobs that I replaced my income and ditched my grass cutting job. My first year in business I doubled my income, 2nd year doubled it again, 3rd year even more than that. Finally, I'm humbly here to teach you the methods I learned to end the suffering and start your own damn landscaping company. The Landscaping Employee Trap Whether you dream of starting your own lawn care, snow removal or landscaping business. It's all a lot easier than you think. You don't need $20,000, a big bank loan or 5 start credit. All you need is a will to win. With a basic understanding of even shrub trimming, tree service, horticulture, garden maintenance, arboriculture, flowers, botany, gardening or any of the above combined with a will to succeed it's all very possible. The Landscaping Employee Trap Ditch-Your-job-and-Start-Your-Own-Damn-Company How-To-Start-a-Landscaping-Company-With-No-Mone http://8akzrlpz.megaph.com/http://www.facebook.com/TheLandscapingEmployeeTrap http://www.twitter.com/TheEmployeeTrap http://www.TheLandscapingEmployeeTrap.wordpress.com http://www.youtube.com/user/TheEmployeeTrap Http://www.thelandscapingemployeetrap.com
Views: 67931 Keith Kalfas
Healthcare Insurance for small business ~ Aviva SME
 
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Does your company value your health? By looking at providing employee health insurance you are already taking steps that could keep them motivated and improve their productivity. http://www.aviva.co.uk/health/business-pmi-video/ Here are some of the benefits of our small business health insurance: Get 1 months' free cover, for a limited period only ** You could get your employees back to work sooner should they need medical treatment Give your employees a benefit they can use Become a caring employer, increasing the morale of your workforce Help retain your best staff by giving them the benefit of employee health insurance Help attract the best employees by offering health insurance as part of a benefits package There are a number of considerations to think about when deciding which business health insurance to select. How many employees do you want to cover? Will all employees get the same cover? Do you want be able to pick and choose the right cover to suit your budget? Do you want to include out-patient treatment? What extra benefits are available as part of the policy? Does the policy offer any specialist claims services? Small business healthcare, medical, sickness, work, health insurance.
Views: 365 Stephen Sumner
Avaya IP Office - Small Business Phone Systems for the Mobile Worker
 
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Avaya IP Office Mobile Worker provides one number access for employees on the road. They give out just one phone number -- their office number -- and calls ring simultaneously on any other designated phone, making it easy for customers, colleagues and vendors to reach them wherever they are. Learn more about Avaya IP Office here: http://www.avaya.com/usa/product/ip-office Connect with Avaya Facebook: http://goo.gl/SziZnj Twitter: http://goo.gl/wBwXyM Google+: http://goo.gl/vwdkZ7
Views: 6170 Avaya
Top 50 Mistakes Your Small Business Is Making John Wayne Government Contracts 8A GSA WOSB Hubzone
 
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John Wayne Explains The Top 50 Business Mistakes That You May BE Making That Is Costing You Clients Contracts And Money. Subscribe to me on Youtube, Linkedin, Twitter, Facebook & Google + below to get my current daily training videos and articles. Youtube https://www.youtube.com/channel/UCsiKdJi6AGURj1S0gkB1ZZw Linkedin https://www.linkedin.com/in/john-wayne-ii-72357540 Twitter https://twitter.com/John_Wayne_Gov Facebook https://www.facebook.com/theoriginaljohnwayne Google+ https://plus.google.com/u/0/+JohnWayneII John Wayne II USFCR / GOVKINEX US Federal Contractor Registration Executive Assistant Angela Armstrong [email protected] 877-252-2700 Ext #710 (202) 717-9062 1) Storefront Pictures and Process Street Signs & Billboards (Rusty bridge for example) 2) Office Space Pictures and Process Internal Signs 3) Post office Incubator Pictures and Process Internal & Street Signs 4) Home Office Pictures and Process Internal & Street Signs 5) Employees onsite or remote Process report to office am / pm , mobile or both 6) Employees uniformed hair earring tattoo dress policy 7) Employees supplies warehoused or dropshiped or pu transport 8) Employees communication cell phone, CB radio, tracking, mobile, email, text 9) Mobile vehicles employee owned or company furnished 10) Vehicles shape model condition 11) Vehicle Advertising, wraps, magnets, roof topper, window ads 12) Leave street sign adds in client yards – remove after certain date for client discount 13) Creative non street sign adds for free service limited time (roof example) 14) Products or services or both sold online? Dropshipped? process 15) Warehoused stored minimums Pictures and Process 16) Testimonials references 17) Personal and business credit score 18) Services mobile, onsite both process and pics 19) Estimating onsite, mobile both process 20) Required subcontractors how many report to office am / pm , mobile or both 21) Subcontractors supplies warehoused or dropshiped or pu transport 22) Subcontractor communication cell phone, CB radio, tracking, mobile, email, text 23) Subcontracts onsite or remote Process report to office am / pm , mobile or both 24) Subcontractors uniformed hair earing dress policy 25) Mobile vehicles subcontractor owned or company furnished 26) Vehicles shape model condition 27) Vehicle Advertising, wraps, magnets, roof topper, window ads 28) Leave street sign adds in client yards – remove after certain date for client discount 29) Creative non street sign adds for free service limited time (roof example) 30) Products or services or both sold online? Dropshipped? Process 31) Brochures Business cards print marketing 32) Warehoused stored minimums Pictures and Process 33) Testimonials references 34) Amazon home services, google ad words, you tube video placement, thumbtack, militarysidehustle.com, Other resources 35) Paying BBB, ripoff report, Angies list 36) PREVENTING or Dealing with negative social media, complaints 37) Yellow page ads, mailers door to door flyers 38) Website – sales portal – contact us form – phone number – employees profiles with contact info pictures – testimonials 39) Incoming phone calls Messages 40) Phone – Receptionist – Answering Service – Voice mail – Grasshopper – Cricket wireless – safelink – 41) Fax – toll free – rollover 42) VMS Intro – stupid ring tone – hold music – employee extensions - 43) email or text notifications of a voice mail – 44) how often checked – vm mail box is full (CLOSE YOUR DOORS AND JUST WALK AWAY) 45) Do you ever answer your phone? How to deal with sales calls & telemarketers 46) Detect scams & prevent viruses 47) Outgoing calls & text , sales call process, leave voice mails properly, answer return calls – alerts - phone tag 48) Email domain or gmail – don’t use AOL, yahoo or sexybitch69 inappropriate emails 49) Email signatures – cut & paste folder – attachments in proper format / file size limits 50) Contact info in signature 51) Email receipt & read request 52) Memorized data? Cage & Duns – Fax and numbers 53) Asking the right questions? Specialist in your field? Only give your opinion when asked – stay AWAY from politics, religion & drama 54) Transfer of ownership or assets to qualify for a setaside – may require 2 years wait time 55) If you have a criminal record can you be a business owner 56) Know your clients – ask for a copy of their drivers license. Do they have a record? For what? Fraud? Attempted murder? Nicole has a client who wants to transfer her business to her service disabled veteran husband who’s eligible for parole in 6 months and he did 20 years for 7 counts of attempted murder???? 57) Don’t take on broke clients John Wayne Government Contracts proposal writing Capabilities Statement gsa advantage wawf irapt fss wosb 8a hubzone john wayne WOSB 8A HUBZONE GSA 8a John Wayne 8A 8a 8a hubzone [email protected] 727-800-3012 727-678-3521
Views: 422 John Wayne I I
Small Business Superannuation Clearing House (SBSCH)
 
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The Small Business Superannuation Clearing House provides a simple and secure way to meet your superannuation obligations and reduce administrative burden. If you have 19 or fewer employees, or your business has an annual aggregated turnover of less than $10 million, you can pay all your employee superannuation contributions in one secure electronic transaction through the Small Business Superannuation Clearing House. The Small Business Superannuation Clearing House is a free online service provided by the Australian Government through the Australian Taxation Office to help you meet your superannuation obligations. For more information, visit https://www.ato.gov.au/sbsch
Small Business Owners On Safe And Sick Time
 
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Small business owners and representatives of larger corporations packed a pair of meetings on Thursday to influence how the Minneapolis City Council drafts an ordinance requiring businesses to provide employees paid safe and sick time. At the Bryant Lake Bowl, small business owners were very concerned about the potential cost of the ordinance. Some of the owners said that their current employee plans were sufficient. Some of the speakers said there are tens of thousands of small businesses in Minneapolis. They range from "micro business" — often employing part-time employees — to larger companies with a sizable number of employees. Hardware owner Jim Welna drew applause from the group when he proposed incentivizing rather than punishing businesses. He suggested the city could recognize employers that provide earned safe and sick time "as being the gold standard." The owner of Magers and Quinn bookstore pointed out that prices were on the books and they were already facing pressure from Amazon, so she was concerned about producing additional revenue to cover costs. Four members of the Council attended this session: Elizabeth Glidden, Kevin Reich, Cam Gordon and Lisa Bender.
Views: 74 Michael McIntee
The Math Behind Healthcare Reform And Small Business Owners, Employees And the Self-Employed
 
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As millions of American consumers face the challenges of purchasing insurance for the first time under the Patient Protection and Affordable Care Act, or Obamacare as many call it, small business owners will be impacted. Learn how HealthAviator can help save you money on health insurance if you are a small business owner or self-employed.
Views: 335 HealthAviator
"How to Pay 50% to Sub Contractors" By Painting Business Pro
 
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Visit my website and let me show you how a $1,000,000 painting company works... http://www.paintingbusinesspro.com Facebook: https://www.facebook.com/paintingbusinesspro Twitter: https://twitter.com/PaintingBizPro Google Plus: https://plus.google.com/116359473138914151778 One of the biggest questions I get is how do I pay my subs 50%? And why don't they just do it on their own? This video covers how we're able to pay our contractors 50% and why they don't venture off and do the business without us. Basically - we pay a very fair amount, which happens to work out to 50%. When we quote a job, we price ourselves so that we can pay 50% to materials and labor. Whether we sub-contract the painting work, or we hire employees... either way we need to keep our labor + materials around 50% to run a healthy profitable business. And that 50% needs to be a fair amount, or we will not be able to keep workers. Contractors don't go do it on their own, because it's a different kind of business. Watch the video to learn more - but basically marketing, sales, and managing the production of the job takes a lot of time and money - which the contractor doesn't have to worry about if they are sub-contracting. If they were doing it all, they would also need to raise prices to account for the expenses of marketing, sales, and production management.
Views: 31058 PaintingBusinessPro
Mac vs. PC For New Employees | The Helcim Vlog #22
 
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Blog: https://www.helcim.com/article/giving-your-team-the-right-tools/ 8 Security Tips For Your Small Business: https://www.youtube.com/watch?v=2xBBL8hzI98 We hired five new people last week, so the Systems Team has been busy getting all the hardware set up for their new workstations. - Helcim is a payments+ company that lets small business owners accept credit cards and run their entire business from a cloud-based, all-in-one merchant platform. From retail to service to e-commerce, Helcim merchants have all the tools they need to build their business. To get the latest content from Helcim, subscribe to our YouTube Channel here: https://goo.gl/qT1kji _ Website: https://www.helcim.com/ LinkedIn: https://www.linkedin.com/company/2289... Facebook: https://www.facebook.com/helcim/ Twitter: https://twitter.com/helcim
Views: 305 Helcim
2017   Small Business of the Year
 
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We are excited to announce we recently won the DMACC Small Business of the Year award. This award is reflective of our increased sales, steady growth, increased net worth, successful response to adversity, growth in number of employees, innovative products and services, and our contribution to community projects.
LLC Federal Tax ID Number (EIN)
 
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*IMPORTANT: Make sure your LLC is approved BEFORE applying for an EIN. If you do the EIN first, you’ll be attaching the EIN to yourself personally (as a Sole Proprietorship)... and therefore, your personal assets will not be protected. IRS Online EIN Application: https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online Our website: https://www.llcuniversity.com [=================================] -- WHAT IS AN EIN (FEDERAL TAX ID NUMBER)? -- A Federal Tax ID Number is issued by the IRS to business entities. It is also known as an EIN, or Employer Identification Number. For simplicity, we will refer to it as the EIN. An EIN is to a business what a Social Security Number is to an individual. It basically identifies your LLC to the IRS. Even though it is called an Employer Identification Number, it does not mean that you have to have employees. [=================================] -- WHAT IS ARE EINs USED FOR? -- EINs are used for: – Opening business checking, savings, or investment accounts. – Filing taxes. – Handling employee payroll (if applicable). – Obtaining business lines of credit or business loans. – Obtaining credit cards in the name of the LLC. – Applying for business licenses. [=================================] -- WHAT DOES AN EIN LOOK LIKE? -- An EIN is similar to a Social Security Number in that it has 9 digits. To differentiate an EIN from an SSN, there are 2 digits followed by a hyphen and then 7 more digits. An EIN will look like this: 68 – 3302189 [=================================] -- HOW MUCH DOES AN EIN COST? -- An EIN is free. You can obtain an EIN from the IRS: https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online (unfortunately, many websites charge $50 – $100) [=================================] -- ALREADY HAVE AN EIN? -- If you already have an EIN (before forming your LLC), it’s most likely attached to a Sole Proprietorship. This is quite a common mistake. You’ll need to close out that EIN and get a different one for your LLC (after your LLC is approved). Here’s how to close out an EIN: https://www.llcuniversity.com/cancel-ein/ [=================================] -- QUESTIONS DURING APPLICATION -- If you have any questions or if there are any errors messages that appear during your EIN online application, please contact the IRS at 800-829-4933. You can find additional IRS phone numbers at this link: https://www.irs.gov/uac/telephone-assistance [=================================] -- FOREIGN NATIONALS & ITIN -- If you are a foreign national and you need to apply for your ITIN please see the following information on the IRS’s website: https://www.irs.gov/Individuals/Individual-Taxpayer-Identification-Number-ITIN [=================================] -- OPENING A BUSINESS BANK ACCOUNT -- You will need your EIN and your approved LLC documents (Articles of Organization, Certificate of Organization, Certificate of Formation, etc) to open a business checking account. [=================================] -- DISCLAIMER -- This information is provided for educational purposes only and in no way constitutes legal, tax, or financial advice. For legal, tax, or financial advice specific to your business needs, we encourage you to consult with a licensed attorney and/or CPA in your state. LLC University® is a registered trademark of LLCU Media Group, LLC. © LLCU Media Group, LLC. All rights reserved. https://www.llcuniversity.com [=================================]
Views: 98037 LLC University
AT&T Business Ready℠ VoIP Product Small Business
 
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This video overviews AT&T Business Ready℠ a VoIP product for small business customers. https://www.business.att.com/solutions/Family/collaboration/voip/?source=yt&vid=dRMVpyQ0tMk&VID_VC_VCG_BizReadyVoIPProdSmallBiz_1117 Video Transcript: Good communication is at the heart of any business. If your telephone and data services don't work together efficiently, it can impact your productivity and your bottom line. You need a solution that allows you and your people to work more efficiently from almost anywhere. One that's flexible, and built using the latest technology. With AT&T Business Ready, your voice and data network use your existing Internet service from any provider. This eliminates the need for multiple circuits, simplifying the way your business communicates on a daily basis. You can make unlimited local and U.S. long distance calls for no additional charge so your employees and customers are virtually always connected. Business Ready also gives you a set of tools and features that can help improve the way you do business. With Simultaneous Ring, you can arrange for any call to your Business Ready phone number to ring simultaneously on multiple devices so you can take a call from almost anywhere. My Messages gives you the ability to acess your desktop phone voice mail on any phone or on the Internet through your Business Ready website. Great for employees on the go. Auto Attendant greets callers with a recorded greeting and lets them choose the person or information they want. You can even customize greetings and routing actions for different days and times to better handle calls and increase customer satisfaction. If your main phone is unreachable due to a power outage or emergency, Business Continuity lets you route your calls to a different number, to help your business not miss a beat. And if you need access to these features or change your settings, you can do it almost anytime through the Business Ready website. Even with all these features, Business Ready is simple and intuitive from setup to feature management. AT&T will manage your installation whether it's walking you through a self install, or sending a technician to do it for you. Plus you'll have the ability to use your compatible, existing equipment or upgrade to new phones with additional features. And you'll have a single point of contact for any service changes, maintenance, and billing. Plus 24/7 access to our service and support so you can focus on what matters... your business. AT&T Business Ready The tools you need for flexible, smart, and virtually worry-free communications. For more information, contact your account manager, or call us at 1-800-321-2000. For more from AT&T’s Small Business YouTube Channel, go to: http://soc.att.com/1XrMNAa Check out Business Circle, where business owners share tech answers that matter: https://bizcircle.att.com Connect with us: att.com: http://www.att.com Facebook: https://www.facebook.com/ATTSmallBiz Twitter: https://twitter.com/attsmallbiz @ATTBusinessCare: https://twitter.com/ATTBusinessCare @ATTBizDeals: https://twitter.com/ATTBizDeals
Views: 6275 AT&T Business
How Do I Pay Myself in a Single-Member LLC? - All Up In Yo' Business
 
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Learn more about 180 Law Co. LLC by visiting http://180lawco.com. One question that I get asked quite often, because it’s a really good question, is how the owner of a single-member LLC is supposed to pay him/herself. There are two possible answers to this question, depending on how the LLC is taxed. Unless the LLC elects otherwise, a single-member LLC is considered a “disregarded entity” and all of the income to the LLC is treated as income to the business owner, and is all subject to self-employment tax. So basically, the owner of a single-member LLC can pay himself however and whenever he wants, keeping in mind a few important considerations: 1. Make sure you are prepared to pay taxes. Since the LLC is a disregarded entity, if the business earns $100k but you only “pay” yourself $50k, you are still going to be responsible for paying all of the taxes, including self-employment taxes, on the full $100k. (For simplicity’s sake, I am pretending there are no deductions or anything.) So you need to set aside enough money to make sure you can cover your taxes. 2. The business has to remain adequately capitalized. This means that you need to keep enough money in the business to cover all your overhead, debts, bills, salary for employees, etc. You should also leave some extra “padding” for possibly building up your business, purchasing equipment, and whatever else you may decide to do with your business. In the books, any payments to yourself should be recorded as “Member Distribution” or “Member Withdrawal.” If the LLC elects to be taxed as an S Corporation, on the other hand, you have to be paid a “reasonable” salary. Self-employment taxes will only be paid on that salary rather than on the full amount of profit the business earns. Any money that the business owner takes above that reasonable salary is considered a dividend and won’t be subject to self-employment taxes. To learn more about S Corporations, watch my earlier video What the Heck is an S Corporation at http://youtu.be/i5to7Da3wMw?list=UUNh7tqEn68tf0oOfq4NsFsg If your LLC is not taxed as an S Corp, you don’t need to put yourself on payroll, since those member distributions aren’t treated as normal payroll. If your LLC is taxed as an S Corp, then the salary you earn can be part of your payroll, and any additional dividends will be separate from that. Whether or not you elect to have your LLC taxed as an S Corp and how to handle and record the money that you pay yourself is an important conversation that should be had with your accountant, bookkeeper, & attorney. Doing it the “right” way can help minimize your tax liability and can make your life (and that of your accountant) much easier come tax time. Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 Thumbs up & subscribe if you want more AUIYB! Follow Me! IG: @allupinyobusiness Twitter: @_AllUpInYoBiz www.facebook.com/180lawco www.google.com/+aidenkramerlawAUIYB www.pinterest.com/AUIYB The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.
Views: 325613 180 Law Co. LLC
Marcus Lemonis Shares Small Business Wisdom at Roundtable Interview at ICON17
 
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At a special roundtable event with the press at Infusionsoft's annual conference, ICON17, Marcus Lemonis answers questions and shares his valuable business wisdom. -- Smart Hustle Magazine is a complimentary digital and print magazine that shares the challenges, celebrates the successes and chronicles the hustle, the smart hustle, of today’s small business entrepreneur. Join in the Smart Hustle HERE: http://www.smarthustle.com/subscribe/ Smart Hustle Magazine on twitter @SmartHustleMag https://twitter.com/SmartHustleMag -- Ramon is Publisher of Smart Hustle Magazine, and is passionate about helping small business entrepreneurs grow their businesses. Follow @ramonray on Twitter https://twitter.com/ramonray or visit http://www.ramonray.com/
Views: 11062 Smart Hustle Magazine

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