Practical Tips For Starting a Successful Business
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The document provides practical tips for starting a successful business, including keeping business and personal funds separate, purchasing software or tools to help with daily operations, enrolling in a 401k for retirement savings, and obtaining disability insurance to protect income in case the business owner is unable to work.
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Income Tax exemption for Start up : Section 80 IAC
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Practical Tips For Starting a Successful Business
- 1. PRACTICAL TIPS FOR STARTING A SUCCESSFUL BUSINESS J O H N S E C K E L , P H I L A D E L P H I A
- 2. BUSINESS AND PERSONAL FUNDS SHOULD NEVER BE COMBINED MAKE SURE TO BUY ITEMS THAT HELP WITH DAILY FUNCTIONS. THIS COULD BE ACCOUNTING SOFTWARE, CLOUD STORAGE OR ANYTHING ELSE THAT WILL KEEP YOU UP TO DATE ONLY OUR COMPANY’S P AND L, OR PROPERTY AND LOSS.
- 3. GET ENROLLED IN A 401K BECAUSE YOU DON’T HAVE AN EMPLOYER BACKED 401K, YOU’LL NEED TO GET ONE ON YOUR OWN. OPTIONS INCLUDE A SELF DIRECTED IRA, A SIMPLE IRA OR SEP IRA. CONTRIBUTION LIMITS CAN ACTUALLY BE HIGHER THAN WITH AN EMPLOYEE PLAN.
- 4. BUY DISABILITY INSURANCE THIS TYPE OF INSURANCE IS DESIGNED TO REPLACE LOST INCOME IN THE EVENT YOU’RE NOT ABLE TO WORK. DISABILITY COVERAGE PROVES TO BE ESPECIALLY VALUABLE IF YOU HAVE ARE SUPPORTING CHILDREN AND/ OR A SPOUSE FINANCIALLY.
- 5. Thanks! W W W . J O H N S E C K E L . O R G