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Posted by on Oct 3, 2017 in Featured, Personal Development | 0 comments

Shortcut to Success Stories: Be inspired How These Online Businesses Started

Shortcut to Success Stories: Be inspired How These Online Businesses Started

Being an entrepreneur is great fun, but turning yourself into a successful one is hard work. But rather than let the hurdles you must cross frighten you away from trying, you should assess the obstacles and challenges that might stand in the way of you becoming your own boss and come up with an effective way to beat those hurdles. For example, if you are looking to start an online business, you need to first find a solution to financing, solution to hosting, and solution to logistics. But if that seems too hard for you as a first step, how about using the success stories of the following online business successes to drive yourself towards your own success story. 1. Gary Vaynerchuk Gary Vaynerchuk is popularly known as the guy who builds businesses and he has so far attained resounding success. After college, he started off on the path of success by turning his family’s wine enterprise from a $3 million business to a $60 million one in under...

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Posted by on Sep 5, 2017 in Featured, Finance, Marketing | 0 comments

How To Spend Your Advertising Budget And Make It Go Further

How To Spend Your Advertising Budget And Make It Go Further

In the Marketing Budgets 2016 Report, published by Econsultancy, 85 per cent of almost 500 businesses polled since 2011 revealed that their marketing budgets remained consistent or increased year on year. This trend is likely to remain continue over the next few years. Last year, it was found that 30 per cent of a business’s marketing budget went online, and this is expected to grow to 35 per cent by 2019. On top this, an August 2016 report from eMarketer found that 75 per cent of respondents expected to increase their Google Adwords investment over the following year, which is more than any other digital channel. With more money going on marketing and media advertising for a business, it can be difficult to decide how best to spend an advertising budget, and how to make the right assessments of its use to make it go further each month and year. Keep track of your media spending and ROI with media audits It’s important to keep track of how much...

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Posted by on Aug 30, 2017 in Featured, Ideas, Tips | 0 comments

Setting Up Your Own Hair Salon – Fundamental Points to Consider

Setting Up Your Own Hair Salon – Fundamental Points to Consider

Are you considering setting up your own hair salon? For many hair stylists, owning their own salon is the ultimate goal. The earning potential and the satisfaction of owning your own business is incredibly high, but only if you do it correctly. There’s a surprising number of factors you need to consider before you set up a salon. Without adequate planning and research, you could soon find your dream turning into a nightmare. Here, you’ll discover some of the most fundamental points to consider before you start. Location is everything One of the first things you’re going to need to research is location. Where you base your business will have a significant impact on its success. You’re going to need to choose an area which is easy for your clients to get to, with as few competitors as possible, and which has a good level of passing foot traffic. Although you will want to be located in a sought-after location, you need to consider the costs of setting up...

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Posted by on Aug 22, 2017 in Featured, Tips | 0 comments

First Steps in Starting a Business

First Steps in Starting a Business

You may not know much about starting a business, but you probably do know that there is a lot of work involved and many, many different things to do.  There are plenty of detailed articles that take you through the overall process of launching a business, but what are just the first few steps to think about in starting a business?  Should you dive into a business plan?  Should you think about marketing or finance? I believe that many if not most people skip over some of these initial steps in building a business too quickly and that can be a big mistake.  Some of these initial decisions will the very most important that you make in the entire lifetime of your business, so give them the time and effort that they deserve. Tough decisions since day one One of the first decisions comes even before you decide what kind of business you are going to start.  This decision is how much time and money are you going to...

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Posted by on Aug 15, 2017 in Finance, Legal | 0 comments

What Exactly is a Tax ID Number Used For?

What Exactly is a Tax ID Number Used For?

Though Social Security Numbers are the most common kind of tax ID number, the next most common is the Employer Identification Number. The EIN number is needed to start a business. These numbers, issued by the IRS, allow the IRS to monitor all tax activities of the company. Other types of tax ID numbers are paid tax preparer identification numbers (PTINs) and adoption taxpayer identification numbers (ATINs), both of which are needed by relatively few people but serve a similar purpose for those individuals. Whatever type of business you operate, you will need a taxpayer ID for each legally separate enterprise, in order to be accountable to the IRS. Why is tax ID important? The simple answer is this: It’s a must have, or else. While EINs are required to meet your company’s tax responsibilities, they are also needed to complete other actions related to your business, such as applying for credit in the company name or opening accounts. State laws may obligate a business to acquire and provide...

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