Earn Your Piece of the American Pie
Author: Tammy Mihalic
Publisher:
Published: 2021-12-07
Total Pages:
ISBN-13: 9781956779004
DOWNLOAD EBOOKIn this book, I show the new entrepreneur how to become a self-employed business owner so that they can create their legacy. I help them discover and name their perfect business. I walk them through the steps needed to legalize their business where they must choose how to operate their business either as a Sole Proprietor (SP), Limited Liability Company (LLC), Corporation (Corp), Subchapter Corporation (S Corp) or as a Partnership. I discuss the pros and cons of each and how they are taxed. I discuss using a fictitious name and registering and licensing their business. I discuss setting up their bank accounts and methods of getting paid. I discuss applying for a federal employer identification number (FEIN/EIN) when they are ready to hire employees. I discuss the importance of having insurance and getting bonded. I also discuss the purpose of taxes and the importance of the tax breaks that are only allowed by business owners; a secret of the rich! I go over the importance of record keeping and which records should be kept and maintained. I discuss everything from setting up their office to writing out their goals to staying organized. I dig deep into advertising and marketing a new business. I even add the valuable content of creating a company's service manual and provide a sample.I share the importance of customer value and maintaining good relationships. I discuss ways to increase their company's revenue when a company is ready to grow. I have also added valuable content about taking care of themselves while they build their business.I have made sure to provide inspirational quotes for encouragement and have added stories of other successful entrepreneurs and my own departing words. As an extra bonus, I have included a list of some of the many businesses that an entrepreneur could easily start and operate right from their own home. Plus, I have added some of my favorite affiliates and their links, offering free gifts, and opportunities.