Do you have employees or independent contractors?

When you own your own business, it can be hard to determine whether you the people who work on your team and in your business are actually employees or are they independent contractors.The people on your team we are talking about here are people like virtual assistants, bookkeepers, accountants, lawyers, business managers, community managers and […]

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Do I Need to Collect Sales Tax on my Digital Courses?

You’ve created and have begun to sell your digital course to the masses. But now you start to panic because you just learned that maybe you should be charging, collecting and remitting sales tax on this course. And this panic is then induced by having absolutely no idea what to do to even start with sales tax […]

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When do You Have a Business for Tax Purposes

You’ve started a business. But so far you’ve only spent money to get your business running. So when do you actually have a business for tax purposes? For tax purposes you officially have a business when you make your first dollar in revenue for your business. Once you start bringing in cash, even if it is only a […]

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7 Reasons Why Finding a Bookkeeper is Like Dating

Getting the finances completed in your business on a regular basis is a very important part of owning your business. And one of the easiest ways to keep your bookkeeping completed regularly is to hire a bookkeeper to help you out. So many business owners either don’t have time to do their own bookkeeping or just […]

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Ready for a Financial Year in Review?

One of the best ways to see how your business is doing is to do a year in review. I always say that you need to look at the numbers on a regular basis to plan in your business. But something else you should also do is a financial year in review. A financial year in review will […]

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Is it Possible to Have a Successful Business on a Shoe String Budget

Anything is possible if you really want to succeed. But then again, everyone’s definition of success is different too. So the first thing you are going to have to do is define what success means to you. What does having a successful business mean to you? What is a shoestring budget? A shoestring budget is one where you invest […]

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How to Use a Crisis to Build Better Business Money Habits

A crisis can happen at any time. It doesn’t have to be the pandemic that the world is currently going through. But I know the current pandemic doesn’t help much. What happens if you get sick and can’t work in your business? Or what if you get pregnant and have to take maternity leave after your baby is […]

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The Business Money Foundations You Really Need to Have in Place

As a business owner, there are some important foundations that you really should have in place in your business. These foundations are the parts of your business that will help it run like a well oiled machine. And make it so much easier for you and anyone else on your team. But having the money foundations in […]

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How can bookkeeping help you in your business

Bookkeeping is not something that you really enjoy doing. For most people, it’s really not that fun to do. It’s boring, tedious work. And you’re afraid that you are going to do something wrong. When you do something wrong, you may end up owing a lot more money. You really never thought about having to handle the bookkeeping […]

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Why paying taxes in your business is a good thing

There are not a lot of people who think taxes are the worst thing in the world. I’m not saying they are right or wrong. But you are a business owner and no matter what, you have to pay taxes. There are a few breaks that you have as a business owner though when it comes to […]

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Are you financially illiterate in your business?

I just read in one of my daily emails that a recent study by Intuit says that 40% of small business owners consider themselves financially illiterate. What that means is small business owners don’t know how to read their financial statements and tax returns. They just trust the professionals doing the work to do things correctly. It was […]

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Most Common Areas of Overspending in Business

It can be really easy to spend money in our businesses sometimes. There are so many amazing courses and products out there that can help us grow our businesses. When people write their sales pages and their message just speaks to us, it’s something that we really think that we need to have, because it will help […]

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Do you actually believe in your offer?

Actually take a minute and stop and think about that. Do you actually believe in what you have to offer? Do you believe that what you are selling is actually going to help someone change their life and/or their business? It doesn’t matter if your offer is an ebook that you wrote in half a day or 6 […]

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Should you show your prices on your website?

This question gets thrown around a lot in the online business world. Some people believe that you should never put your price on your website. Others believe that it should always be on your site. And even others say it depends on what you are offering. The bigger question is what do YOU want. Do you actually want to […]

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Should you get a Standing Desk? My Review

A little over a year ago, I bought a standing desk from Autonomous. Before I bought this desk, I had one of those desktop things that you could put your computer on and then you had handles that you just used to stand when you wanted to stand. This thing was sturdy, but it also slid around […]

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Find Your Best Business Bank Account

When a business owner is finally getting really serious about their business, they finally decide that it’s time to have a real business bank account, aside from PayPal and their personal bank account. So the question I usually get is what is the best bank to get a business bank account with?This post may contain affiliate […]

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Are you sabotaging your business with your prices?

There is such a thing as charging too much or too little in your business. And both will sabotage your business. Let’s look first at not charging enough. When you don’t charge enough for your products and courses and services, you won’t be able to make that much money without burning yourself out. I know you want to be […]

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Are you judging other’s prices?

How often do you see what someone else is offering and think their price is too high or too low? They need to charge more.Or they aren’t going to get buyers because their price is too high? Or you wouldn’t buy it at that price point. Honestly, none of that ever matters. What someone else is charging is […]

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Why Your Best Clients Will Pay You Over and Over Again

You’ve heard about the 1000 True Fans. The people who buy everything you have to sell. They buy before you even finish creating the sales page or even know what the new course or product will be. No matter what you do, they will throw their money at you. Of course this is something that every business owner […]

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Is your pricing coming from your head or your gut?

Yes there is a major difference when you price with your head versus your gut. When you use your head, your ego is the deciding factor. So basically you are picking a number that your ego thinks will either:Keep you safe and complacent; orWill be out in left field because it keeps you stuck.This means that you […]

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