Whether you are building a business or a blog, one of the best resources that you can put at your disposal is a mastermind group. A mastermind group is a collection of people who share ideas and help each other. When...
Category - Entrepreneurship
How to Protect Yourself When You Fire Someone
As a business owner, there are times when you just need to say goodbye to an employee. Most entrepreneurs don't enjoy firing people, but it can be a necessary part of the job. I'm not talking about laying someone off...
Should You Get an Employer Identification Number (EIN)?
If you want to make sure that your business is properly reporting to the IRS, an Employer Identification Number (EIN) can be helpful. But do you really need one? And if you do, how can you obtain your EIN? Do You...
Sole Proprietor: Why You Should Consider a Business Account
As a sole proprietor, your business and personal assets are pretty much considered the same thing. So you don't have to keep your bank accounts separate if you don't want to. Many sole proprietors just keep it all...
Paying Your Freelancer: What’s the Best Method?
If you hire a freelancer to do work for you, one of the biggest issues is how to pay for the service provided. There are a number of payment options, and they all have costs and benefits. Whether you are hiring a...
5 Benefits of Coworking
One of the issues involved in being an entrepreneur is that it can get a bit lonely sometimes. The isolation involved when you are trying to get your home business off the ground can be discouraging — especially...
5 Things Entrepreneurs Should Know about Banking
As an entrepreneur, you need to begin establishing your business as its own entity as quickly as possible. For the small business owner, part of this process is setting up your banking. It's not as simple as walking in...
4 Ways to Save Money on Your Entrepreneurial Startup
Many entrepreneurs start out on a shoestring, hoping that they can make some money, even though they don't have a whole lot of it to begin with. A startup needs to cut costs where it can, and channel its meager funds...
1099 vs W-2: How should classify your workers?
When you own a business, eventually you need to hire someone to help you out. What you need to decide then is whether or not you are hiring an employee, who will need to be issued a W-2 at the end of the year, or an...
What Tax Deductions Can You Take as a Freelance Writer?
As the end of the year approaches, it's time to turn your thoughts toward taxes. More specifically, you need to have an idea of what tax deductions you can take. As a freelance writer, my expenses are fairly low, but...
My Unpursued Start-up Ideas
I’ve decided to share some of my start-up ideas that I never had the time or will to execute. It’s taken a lot of courage to share these babies publicly (and a small dose of shame), but this is a therapeutic exercise...
The Unpublicized Entrepreneur’s Dilemma: How Do You Sleep?
How do you shut your brain off at night? Personally, I have a hard time finding the off-switch, which leads to a very hard time flipping it back on in the morning. Entrepreneurs face a variety of challenges, but...