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Table Of Contents

Before You Start: Nine Tings to Consider
Common Side Businesses
Do You Need a Business Plan?
Avoid Side-Business Scams
What If … ? Should You Consider Quitting Your Day Job?
Free Stuf
Invoice Customers and Get Paid Online
Sell Stuf via Amazon or eBay
Earn Money With Ads and Afliates
Te (Very) Basics of Driving Trafc to Your Site
How to Build a Website in 24 Hours
Basic Legal Rules When Going Online
Record Keeping and Bookkeeping
Accounting Methods
What Is Cash Flow and Why Is It Essential?
Five Accounting Principles You Need to Know
What Is Forecasting?
Should You Separate Business and Personal?
Raising Money for Your Business
What’s the Diference? Equity vs. Debt
Borrowing With Credit Cards
Bank Loans
SBA Loans
Borrowing From Family and Friends
Social Lending Networks
Getting Paid
Invoiced Accounts
Checks
Getting Paid With Credit Cards
Ten Tips for Collecting Accounts Receivable
Using Business Entities to Limit Liability
What Are You? Sole Proprietorship or Partnership?
What’s the Diference? LLC vs. Corporation
How to Convert to an LLC or a Corporation
Insurance
Basic Coverage
Package Deals
Insurance for Employees
Ten Tips for Saving Money on Insurance
Reduce Your Risks
Ten Common Contract Problems and How to Solve Tem
Drafting and Formatting an Agreement
Who Signs the Agreement?
When You Have to Review a Contract
Maintaining Paperwork
Are You Afraid of Negotiating Contracts?
Avoiding Legal Problems With Names and Trademarks
Perform a Simple “Knockout” Search
Federally Registering a Trademark
Staying Out of Trademark Trouble
Four Steps to Legally Protecting Your Business Ideas
What Ideas Do You Have?
Ensuring Rights: Registration and Other Measures
Chasing People Who Rip Of Your Ideas
Licensing or Selling Your Rights
What If You Copy Somebody Else’s Ideas?
Ideas Created by Your Employees or Contractors
Ten Ways to Save on Legal Fees
Evaluate Your Attorney’s Services
Licenses, Permits, and Other Paperwork
Basic Registration Requirements
Register Your Fictitious Business Name
If You Sell Goods, Get a Seller’s Permit
Permits and Licenses for Specialized Fields
Ten Tips for Maximum Home Ofce Efciency
Studios and Storage: When You Need More Space
Employee vs. Independent Contractor: What’s the Diference?
Legal and Paperwork Requirements: ICs
Legal and Paperwork Requirements: Employees
Ten Tips When Hiring Family Members
What’s the Diference? Marketing vs Advertising
Ten Marketing Tips
Your Marketing Toolbox
Do You Need a Marketing Plan?
What’s the Diference? Hobby vs. Business
How the IRS Judges Your Business
Proving a Proft Motive
Classic Hobby Loss Abuse
Paying Taxes
Will You Get Audited?
How Businesses Are Taxed
What Taxes Your Business Will Have to Pay
Paying Estimated Taxes
Preparing Your Taxes
Keeping Records for the IRS
Tax Deductions
What’s a Tax Deduction Worth?
Tax Deduction Basics
Deducting Home Ofce Expenses
Qualifying for the Home Ofce Deduction
What You Can Deduct
Five Home Ofce Deduction Tips
Immediate Deduction Using Section 179
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Running Side Business

Running Side Business

Ratings: (0)|Views: 67 |Likes:
Published by Suryo Narotama

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Published by: Suryo Narotama on Mar 17, 2013
Copyright:Attribution Non-commercial

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05/22/2013

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