Archive for August 2003
WAHM: We have seen the term “Illegal Pyramid” discussed, but the granddaddy of them all is called a “Ponzie”. The term “Ponzi” is derived from Charles Ponzi (nee Ponsi), who was an Italian immigrant and ran his original scams in Montreal. In 1919, he set himself up in an office on the second floor, of [...]
It Can Happen To You: Why Any Sole Proprietorship Is A Risky Business
Home Based Business Opportunities: Are you still operating your business as a Sole Proprietorship? Have you considered incorporating your small business or self-employment activity? The tax advantages can put thousands of dollars in your pocket every year. But the Number One reason to consider incorporating has nothing to do with tax reduction and everything to [...]
A Medical Transcription Home Business Career
WAHM: As a medical transcriptionist, I do get asked several times a month, how I got started in this business. So many people nowadays want to work from home, especially mothers with young children. That’s the primary reason I started my home business ten years ago, so I could be there for my daughter. I [...]
5 Tax Myths That Are Costing You A Bundle
Home Based Business Opportunities: Tax Myth #1: “I don’t make enough money to worry about reducing my taxes.” Tax Myth #2: “Tax reduction strategies are too complicated for me to use.” Tax Myth #3: “I had my return prepared by an Accountant, so I know I paid the right amount of taxes.” Tax Myth #4: [...]
WAHM: Why are they trying to scam moms? Someone asked this question on a message board for work-at-home mothers. The immediate reply that popped into my head is, “they’re not trying to scam moms, they are trying to scam desperate people.” Let me illustrate my comment so that it’s a little more clear to you. [...]
How to Protect Yourself & Your Business
Home Based Business Opportunities: As a business owner, you already know how important it is for your customers to feel safe about doing business with you. After all, if a customer even suspects he may not receive everything he was promised, then chances are he’s taking his business elsewhere. So to prevent that you offer [...]
WAHM: Flowers are all around us in our lives, and work-at-home moms with skill in the garden are well-placed to profit from people’s love for decorating tables and sideboards with beautiful fresh flowers. Cut flowers is a huge business in many parts of the world, and you can profit from this business if you have [...]
Keeping Your Business’s Finances on Track
Home Based Business Opportunities: One of the biggest benefits of operating a home-based business is that it doesn’t require any formal training or experience. After all, some of the most successful individuals never attended a single business-related class or workshop. The only drawback to having a lack of experience and/or business education is that it [...]
WAHM: If you are interested in the creative craft of candle making, you can have a lucrative home business. According to the National Candle Association, candle consumer retail sales in the United States alone is projected at over $2.3 billion, not including candle accessories. Candles have become a must-have accessory in every home for their [...]
4 Simple Steps to Reduce Your Taxes
Home Based Business Opportunities: STEP #1: Understand How Serious Your Tax Problem Is STEP #2: Get The Right Attitude About Your Taxes STEP #3: Realize That Reducing Taxes Is The Easiest Path Possible To Creating Wealth STEP #4: Get Hold Of The Tax-Saving Strategies That Will Make You A Millionaire!
Antiques and Collectibles Dealer
WAHM: If you are interested in antiques and period collectibles, this business is for you. Many people have earned income from scouring around neighborhood flea markets and yard sales for valuable finds, and reselling them for a handsome profit. You need to be able to learn how to distinguish which items are a steal (and [...]
Tax Tips for Home-Based Business Owners
Home Based Business Opportunities: As tax time approaches, many home-based business owners begin completing their forms or paying their accountants with trepidation. This nervousness comes from two sources: a fear of being audited and a fear of having to pay a lot. For the most part, both of these fears are unfounded. For one, audits [...]
Take a New Direction with Your Professional Life
WAHM: Has your professional life reached the point where you feel stuck in a rut and you know that a change of direction is called for? Perhaps you feel there must be something better than this or you know you have more potential, but you don’t know what it is. However, you do know that [...]
The Most Costly Expense of All
Home Based Business Opportunities: Do you think you have a lot of bills? If so, you are probably right. But have you considered the bill that costs you the most each month? On average your housing costs probably run about 30% of your take home pay. Your other bills which include utilities, credit cards, etc. [...]
Can You Write? Try Freelancing!
WAHM: You may be like many moms of today — seeking a fulfilling career that allows you to work at home, on your own schedule. First, take a personal inventory. What are you good at? What do you like to do? If writing is on your list, then perhaps you should look into freelancing. Freelance [...]
Budgeting When Your Paycheck Varies
Home Based Business Opportunities: How can you decide how much you have for bills and expenses when your paycheck varies from one payday to the next? That’s a question a lot of people struggle with. A few of the occupations that I can think of off hand that could fall into this category are waitresses [...]
Work-at-home Sales: The New Contact Sport
WAHM: It’s fundraising time at my 8th grader’s school. Competition is fierce for buyers of magazine subscriptions, which translate into prizes for the kids. Heaven help any adult with a checkbook! Fortunately, the yearly promotion only lasts a couple of weeks, then it’ll be safe to sit on our front porches again. Just as teens [...]
8 Tips for Designing a Great Website
Home Based Business Opportunities: Square buttons, round buttons, flashy buttons . will they match my shoes, my handbag or my tie? Are you stuck in a maze of buttons, headings, bullets, sub-headings and colour schemes? STOP!!!! Take a deep breath and read some practical tips for professional looking websites. 1. Select a colour scheme and [...]
Secrets To Making Money With Crafts
WAHM: How hard can it really be? You like making crafts, people “tell” you they like what you make and that you should start your own business. So you decide, “What the heck, I’ll make a few bucks and try to sell my creations.” Is it really that easy? Can just anyone make money in [...]
Home Based Business Opportunities: Determine your menu and content for your site by deciding what service, product or type of site your client is needing. Some clients have no idea what they want, it’s up to the designer to help the client understand the types of Web sites there are and how to get started. [...]
WAHM: I used to see the above title screaming the beginning of an ad. These types of ads still make me a little nervous. Bells ring in my head that what I’m about to read is a downright scam. However, in the last few months, I’ve realized something rather interesting. You can make money while [...]
