“how to legally start a business how to small business bookkeeping”

I have worked for Community Colleges, traditional non-profit universities, and a for-profit university. I cannot warn you enough to stay away from for-profits. Total snake oil salesmen who would steal from their own grandmas.
Once you gear up to get your business off the ground, you may also want to consider getting a business credit card. Not only can a business credit card help you manage cash flow as you get started, but the right card can help you earn cash-back you can use to run your business as well. The Ink Plus® Business Credit Card is a smart choice for anyone who wants to earn flexible points on their business spending. At the moment, the signup bonus alone on this card is worth $600 in cash back! Meanwhile, the Ink Cash® Business Credit Card awards you with $200 in cash back after you put $3,000 of your new business expenses on the card within the first 90 days. Plus, this card comes with no annual fee.
“You never want to start a company as a reaction to a bad situation,” says Ashish Toshniwal. “You need to have an idea you are really passionate about, or you’ll never make it through the first couple of years, which are extremely tough.”
Corporations are more complex structures than the others. As with LLCs, corporations have limited legal liability. To form a corporation, you must file with the Washington Secretary of State and you must create a governance document—which, in this case, would be bylaws. Corporations also have other requirements, such as issuing stock certificates, holding annual meetings and keeping minutes, electing directors, etc. Working owners of corporations are employees and must have federal payroll taxes withheld and reported the same as other employees. Corporations file federal corporate tax returns with the IRS. If qualified and applied for on a timely basis, corporations may choose pass-through taxation, where income taxes are paid by the owner(s) but not also by the corporation (“S-Corporation”).  Although not required, forming a corporation should be done with the assistance of a qualified legal professional.
Did you major in a subject like English, history, or math in college, or do exceptionally well on the SAT exam? Do you have patience with children? If so, you likely have what you need to tutor kids in particular subjects. Seek out parents or teachers and let them know that you tutor students in a certain subject, and offer materials for them to share, and phone calls will often trickle in. You can get going locally or expand across the country by offering to tutor online.
As a business coach for people growing a side business while they still work their full time jobs, I am always searching for great resources to pass along to clients. Alex Genadinik’s book fits the bill! It gives the start-up entrepreneur everything he or she needs to know to go from idea to business. It is the perfect guide for any future business owner!
This has created an opening for marketers looking to stand out from the crowd. Lisa Skriloff, founder of Multicultural Marketing Resources Inc., said with minority populations growing at a faster rate, businesses that want to succeed must tap into the minority markets.
A general partnership exists when two or more individuals or businesses join to operate a business. Under a general partnership, a separate business entity exists, but creditors can still look to the partners’ personal assets for satisfaction of debts. General partners share equally in assets and liabilities. A general partnership requires an annual partnership income tax return (separate from the partners’ personal returns). A general partnership may be operated under the names of the owners, or a different name. In either case, an Assumed Name Certificate must be filed with the county clerk.
There’s nothing more off-putting than a poorly designed website, and often, it kills credibility. If you know HTML and have a good eye for design, you can launch a service to create attractive, easy-to-use websites for small businesses. Put your skills to good use for business owners who want to take their online presence to the next level. Build a comprehensive portfolio, and then create your own website to show it off and attract a steady stream of clients.
Health products and supplements are all the range these days. Detox products are becoming more popular, as well as products for working out. There are new blends and health products being created all the time. You could start a business selling your own health products or even just a reseller with an e-commerce store.
The antique market is not as lively as it used to be. But there’s still money to be had from the industry if you love rare old stuff and possess the skill of restoring them to their former glory. To start an antique refurbishing business at home, you’ll likely need a few thousand dollars to build out a basic workshop and stock it with all of the right treatments and materials in order to truly excel with this side business idea. Start small by borrowing around what you can, and learning the basics of the trade as a side hustle before investing in a ton of equipment.
The first thought that comes to mind for mobile hair salon is that you save the overhead of having a storefront location. However, you are also offering a convenience for your customers. Assisted living facilities and senior citizens trying to minimize trips out of the home will especially appreciate mobile hair salon services.
Carpets make your home warm and cozy. But they also tend to gather dust, grime, stains, allergens and bugs over time. You can tap into this opportunity by launching a carpet cleaning side business idea or serving as an independent contract cleaner in your free time. Either way, you’ll need to invest in proper equipment such as vacuum cleaners, carpet brushes, and cleaning chemicals in order to launch this business idea. Look into the possibility of renting equipment for a full weekend and lining up 5-10 clients to service, to offset your rental costs. If you turn a healthy profit, you’ll eventually be able to invest in owning your own equipment and increase your margins, thus going from side hustle to serious business.
Organic agriculture has seen a huge spike in interest over the past few years as consumers continue to be exposed to some of the realities of the agricultural industry. A report from IBIS World says that the juice bar industry saw an annual growth of 2.3 percent, and the growing economy is expected to support demand for the industry in the upcoming year. So if you’re interested in all-natural foods and want to capture this opportunity, this may be the way to go in 2018.
While I think this post is a good source for IDEAS, I think a lot of them are lucrative because you either haven’t been professionally trained in the field or you’re accepting risks that most businesses insure against and account for the amazin seller overhead. To pick out a few to explain: