"Web users ultimately want to get at data quickly and easily. They don't care as much about attractive sites and pretty design."Tim Berners-Lee
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Dynamics Of A PROACTIVE Business!
Do you find yourself being Reactive to whatever comesalong, whenever it comes? Never quite knowing what toexpect or what your response would be when somethingout of the ordinary happens? Or are you Proactive andhave tried to anticipated what's needed ...
The 10 worst mistakes you can make when selling your privately owned small business
Thinking about selling your business? You are not alone. CNN Money reports that 35 million baby boomers are expected to retire between 2000 and 2020. If you are approaching retirement or soon will be, chances are you've considered putting your business on ...
The Almighty Business Plan
The Almighty Business PlanFrom the ebook, Micro Loans: Finance Your DreamsBy Darrin F. Coe, MAAccording to Richard Greene, in his book, From One Entrepreneur to Another.How to Start, Manage, Grow and Exit Your Own Small Business,"The business plan is a ...
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The nature of your craft show business and your budget will
determine whether or not you need others to help you with any
aspect of your craft show business. Needless to say, the
success of your crafts at craft shows will also have a
considerable effect on whether or not you will need to hire
employees.
On the "free" end, you can get help from friends and family to
produce your crafts and help with any business aspects. A tax
benefit for "hiring" your children under 18 is that you don't
have to pay social security or medicare taxes if your business
is a sole proprietorship or partnership owned solely by you and
your spouse.
Next, you can find students or apprentices to work on your
crafts for free, or at least inexpensively. Contractors, who you
would just use on occasion when you need extra help, would be
the next level. You also may have friends who want to pick up a
little extra pocket change working on your crafts from home can
do some production work for you. A bookkeeper who comes in once
a month to balance your checkbook and enter your income and
expenses is a contractor, and you don't have to deal with taxes.
Check with the IRS or your accountant to be clear about the
difference between independent contractors and employees.
If you feel you need employees as your craft show business
grows, you should consult an accountant or the Small Business
Administration for all the regulations. These might involve
registering with the Department of Labor, applying for Worker's
Compensation insurance and securing an employee identification
number (EIN) from your state and national government offices.
You'll need to apply for an EIN from the IRS anyway if you're
using a business name different from your own. When you use your
own name as your business name and you have no employees, your
social security number will suffice. You might also want to
check with your bank, because they may require an EIN to open a
business account, even if it's in your own name.
Finally, consider which professionals you'll want to have in
your line-up of support. An accountant and lawyer are good to
have at least to call when issues come up. Many crafters have a
good photographer they use for promotional photos and slides of
their work. Quality slides can make the difference in getting
accepted to juried craft fairs. You may also occasionally need
the services of a graphic designer to create brochures, hangtags
or other marketing materials and a PR person if you want to take
out ads or run press releases. All of your decisions concerning
using other people to help you succeed are based on your needs,
your own abilities and your budget. Everyone needs to make these
choices for themselves.
About the author:
Natalie Goyette shows you how to make your craft show
business profitable in her best selling ebook:
Craft Show Success Secrets. Visit her site:
http://www.craftshowsuccess.com
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 Australian business confidence hits record lows: survey (AFP via Yahoo! News)
Australia's central bank skipped its monthly interest rate meeting Tuesday as expected, despite the economic downturn, as a new survey revealed business confidence was stuck at record lows.
Sharp drop in small business loans (CNN Money)
The credit freeze afflicting America's small businesses shows no signs of thawing. In the last three months of 2008, the Small Business Administration's flagship loan-guarantee program backed less than half the number of loans it approved a year earlier - a sign that fewer entrepreneurs are getting financing to start or expand their ventures.
Better Business Bureau shifts to letter-grade ratings (Louisville Courier-Journal)
Beginning today, consumers seeking the Better Business Bureau's assessment of about 37,000 businesses in Louisville, Southern Indiana and Western Kentucky will receive reports with letter grades.
Obama stimulus plan boosts business tax refunds (Chicago Sun-Times)
President-elect Barack Obama's proposed stimulus package would provide businesses with billions of dollars in refunds on taxes they paid several years ago. The refunds are popular among business groups and could increase pressure on Republicans to support Obama's massive stimulus package, even though most of them are wary of government spending increases that could send its total cost to $800 ...
Business groups' wish list for the legislature (The Arizona Republic)
Amid a huge state budget shortfall, business groups are seeking changes in the state's tax structure that includes permanently repealing a property tax that's set to return this fall.
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