Also, if you’ve been makingquarterly estimated tax payments, don’t forget to keep proof of payments to show how much you’ve already submitted in taxes. Manage your money where you make it: Shopify Balance Shopify Balance is a business financial account that lets you skip the bank and be...
Much of the money spent in the first year consists of reinvesting profits back into the business, not spending out of pocket. This is called “bootstrapping” and you can learn more about it later in this section. Accounting for all business costs Your startup costs in the first yea...
It can be a “feast or famine” environment – one in which you are either inundated with too much work, or wondering what just happened to all the work. Rule #3: There’s a Niche With Your Name on It I’m a big fan of “the niche”, having combined my former-life expertise ...
In fact, the only chief executive in Nvidia’s history didn’t know much of anything about what he was getting himself into. But if he had known three decades ago what he knows today, he never would have founded one of the world’s most valuable companies. “The reason for that is ...
Shopify offers a 14-day free trial so you can get started right away even if you don’t have much money. After your free trial you’ll need to choose a paid plan. Your other option would be to use a free platform like WordPress (it’s what we use here). ...
Document the payment receipt:once you have received a payment, document it immediately in your accounting system. This helps with tax compliance and provides valuable data for future financial planning. Address overdue payments:if an invoice remains unpaid, decide on your next steps. Options include...
The most coveted perk at the top of the Velocity food chain?Freedomesticbusiness class upgradesfour times per year. Four free upgrades to business class to use as you see fit...yes please! That means you can trade-up on four individual one-way flights, or could take a trip with a part...
It can be used to form the passive voice. For example: Having improved her English Pia’s promotion prospects were much better. That’s it. I lied when I said it would be short, but however, you can learn a lot from this. I really sometimes astonish myself, what a smart guy, haha...
…and that mindset is not for the weak of stomach. It can be a “feast or famine” environment – one in which you are either inundated with too much work, or wondering what just happened to all the work. Rule #3: There’s a Niche With Your Name on It ...