Lowell

The Easiest & Fastest Ways to Start an Online Business at Home

Without a doubt one of the easiest ways to start making money online is to join one or more affiliate programs. You need only to ‘brainstorm’ a couple different ways to start a business and include some of the more critical details in getting started, to realize which are easiest.

There are affiliate programs where you can promote tangible products such as in an ‘independent distributor’ situation where you will drop-ship to your customers; you can promote digital products such as would be delivered online by download – software, different technical services, etc.; and you can promote the affiliate program itself to earn commissions for referrals.

You might want to consider a combination of these as some are easier to sell (in addition to easier to implement). This may include a combination of one-time-sales and residual income which recurs monthly. It may be easier to make a one-time-sale as there isn’t as much commitment involved as in residual income.

Starting a New Business – You Will or You Will Try

When you say you ‘will’ do something you are making a very positive, emphatic statement. You are determined and there is no possibility in your mind that anything but success will be the result. However when you say you ‘will try’, that is wishy-washy – it implies you may fail and that you are not convinced that you can accomplish whatever it is.

Since no one can know the future we don’t in fact absolutely know we will succeed without a doubt but it is important to our mindset that we do not entertain any doubt because it will weaken our resolve. It is very important to understand this distinction because when you are starting a new business everything is unknown – what to do, how to do it, which things work best, what doesn’t work, etc. So if ‘seeing is believing’ then what must walking in faith be? It is believing in the unseen.

This is obviously much more difficult and that is why we really need to have mental discipline in order to remain

Self-Employed – It’s Tax Time!

Naturally if you owe money it is not your favorite time of year and if you are owed money you can’t wait to file. You can file any time after January up until April 15. Actually if self-employed you are expected to file quarterly estimated taxes. What you may not realize is you can get around this by paying a small fine each year. Some people would rather have the money on hand for emergencies and don’t mind the fine. Probably best if you can pay quarterly as you always want to save money wherever you can.

You would need to file form 1040 with Schedule A to itemize deductions. You also need to include schedule SE for the special tax they have for self-employed people. Then there is Form 8829 for use of your home for business, with which you can deduct a percentage of expenses such as utilities, rent or mortgage, etc. This all goes with Schedule C, Profit and Loss from Business.

Always consult with the IRS website (irs.gov) to be sure what is required for th