Tag: business expenses

Profitability

Let Your Home Business Take You Far

webino

Beginning and running a home business is thrilling, but there’s a lot of challenges you must overcome first.

It is important to know how much it truly costs to manufacture any product that you sell. Wholesale sellers often offer their products at twice the cost of production. Retail mark-up is twice the wholesale price.Make it a fair price both you and your customers can agree upon.

You are going to need an office and stock it appropriately before starting your business. This may seem silly or trivial, but it is hard to stay motivated if you don’t have the proper …

Online Business

Social Media And Your Home Business Creating Success

webino

Many people can’t understand just how to start and run a home based business. You need to realize that home business is not as difficult of a subject as you may seem.

If you often entertain clients with dining out or other activities, make sure that you deduct this expense from your taxes. These events are legitimate business expenses. Make sure that these business meetings are with potential clients or ones who have already paid, as the IRS doesn’t look too favorably on claiming pleasure as business.

Keep the business phone line to keep it separate from the one you …