Starting Your Business

how to start a small business

There are few things that need to happen pretty quickly when you first start your business. You need to register as an actual business with your state, get an EIN from the IRS, register your domain, and get a Gmail account. However, before you can do any of these, you need to pick your name. … Read more

Your Business Checking Account

small business checking account

This seems simple enough, but having done enough bookkeeping, it needs to be said. Have a separate checking account for your business. All money the business makes should go into the business checking account and all expenses should be paid from the business checking account. This alone keeps your bookkeeping much simpler, much easier, and … Read more

YourCompanyName.com

Small business websites

This one is pretty simple, but please make it so people can easily read and remember your website. Use initial caps when you list your website. YourCompanyName.com is a lot easier to read and remember than www.yourcompanyname.com which just looks like a long German word. Also, you don’t need the www. because they will still … Read more

Two Types of Business Owners

two types of business owners

Over my years of working for and with so many different small business owners, I’ve realized there are two main types. Recognizing which type you are can make all the difference in the world in how well your business does. Type 1: The Type A Person This is the person who is great at the … Read more

Sole Proprietorship, LLC, or Corporation?

difference llc corporation sole proprietorship

This is one of the first things any business has to decide but it can have a huge impact on the business and personal impacts for the owner. Sole Proprietorship A sole proprietorship simply means you are making money as an individual, not a separate legal entity. If you register with your state this way, … Read more