Secrets to Keeping the Money: Should Your Home-Based Business Be an LLC or Corporation?

Successful home-based business owners understand that three factors determine the bottom line: income, expenses, and taxes. Network marketers, whether home based or not, are in the business of creating residual income streams. Some work in multiple programs; others master one and devote their time to growing that single empire. However, the owner of every successful business who makes it big from the comfort of his own home eventually has to wrestle with the facts that people are sue-happy, and Uncle Sam wants to take 15 percent of the profit off the top as self-employment taxes.

Three Secrets. Read More

My Personal Mistakes On My Business Ventures Part 2 of 3

I found out that the Candy Business was not for me to the dismay of my partner. I did learn how to package a product and how to design pans to cook the fudge in so it will fit in the packaging etc. So here is a little more knowledge added to my experience with Business. In looking back if I could have done it over I would have pulled in another person experienced in marketing to be a partner with and do all the selling. Point being to stay in your field of expertise and allow others to do what they are good at. Read More