Begin A Home Based Business

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E-mail is so quick and easy to write and send, that we don't give it the same attention as we would a printed letter. It's VERY important to make sure any communication you send to clients, customers, and prospects represents you only in the best light.

Building a successful business is hard work - most of it devoted to finding customers. Even if most people can use your product or service, you still need a marketing strategy to reach them and a persuasive sales message to close sales.

how to avoid paying california state income tax Instead of publishing other people's newsfeeds on your website, think about how cool it would be to have YOUR own feed published on thousands of other sites. And then DO it. Create a feed using your own content and allow others to syndicate your articles.

avoid paying california state income tax It is also important that you re-invest a portion of your profits into your business! That way, not only will your business continue to grow, but its GROWTH RATE will also increase! This in turn brings in MORE profits, which allows you to invest MORE into your business... Do you see a pattern!?

Then there was the email vendor I had stopped using in January. Long story short: I let them know that I was not going to be able to pay them for the duration of the 12 month contract I had signed the previous May (one of several infrastructure building mistakes I made in 2010). I suggested we work out a compromise. They declined. So I ignored their calls and emails until I received an overnight letter in May from their in-house counsel. I waited a few days before calling them back - wanting to preserve at least a shred of dignity. I dragged it out until June, and started making payments the end of July. Just 10 more to go. Again, the detailed cash planning strengthened my resolve, and gave me confidence.

avoid paying California state income tax 2019 income tax As you may have already guessed, all of these things happened to me, after I had amassed 26 rental properties. In fact, oftentimes, all of these problems happened in the same month. Now, for awhile (when I had about 10 houses), if one person failed to pay rent, I could cover it with the nine other payments. But when two, three and sometimes even five tenants didn't pay in the same month, it was devastating to my business. I had to go to my business account and pay up to $3,000 at a time in mortgage payments, with no income to cover it. Plus, I had to pay a property management company to get my tenants to pay or to evict them.

But listen - I am not the only one. These stories are repeated a million times over out there in small-business land. I know - I talk to customers every day. I see their financials. I am not the only one who has war stories about business survival.