5 Tax Perks to Hiring Your Child for Your Business

There are obvious benefits to hiring your child for your business. Teaching your child business skills and good work habits are certainly among them. Grooming your child to eventually take over the business is another obvious benefit. But there are also tax perks to hiring your child for your business. Here are five tax perks […]

Published or Updated: February 3, 2016

How to Start a Website for a Home-Based Business

This post is sponsored by GoDaddy. The content and opinions expressed here are the author’s alone. So, you’ve decided to make the leap and become an entrepreneur? Maybe you’ve been in business for a while, or maybe you’ve recently decided to strike out on your own. Either way, congratulations! While the uncertainty of business (and your […]

Published or Updated: February 3, 2016

16 Tools Every Home-Based Business Should Use

If you’ve ever worked from home, you know how wonderful it can be. You get to sit in your own house, surrounded by your own things, and you don’t even have to get gussied up to head into an office. It opens up a world of flexibility…and did I mention that the commute is great?!? By […]

Published or Updated: January 20, 2016

11 Financial Benefits of Being Self-Employed

I love being self-employed. For years, I worked for other people and was relatively happy. However, I always had a nagging feeling that I wanted to strike out on my own. I wanted more freedom. I wanted control over my own destiny. And, now that I finally made it to self-employment, I’ll do whatever it takes to never look back. There […]

Published or Updated: December 23, 2015

How to Start a Blog and Earn Extra Money

If you enjoy writing, starting a blog is a fun way to meet new people and release some of your creative energy. It can also be a great way to make a little money on the side. While few bloggers are able to turn their hobby into a career, most of them are able to earn a little […]

Published or Updated: December 31, 2015

DR 131: Retirement Plan Options for Small Businesses–An Interview with Fidelity’s Brian Hogan

One of the biggest surprises for me as a blogger was the retirement plan options available to a small business owner. While a 401k maximum contribution is $17,500 (as of 2014) and an IRA is $5,500 (as of 2014), as a small business owner I can sock away more than $50,000 a year. It almost […]

Published or Updated: November 28, 2014

13 Tools to Move Your Business to the Cloud

Photo: Paul Vallejo As a small business owner, I’ve grown accustomed to being a jack-of-all-trades. I keep the books, invoice customers, maintain my blogs and websites, all while trying to grow my business. When I first started making money online way back in 2007, I didn’t give much thought to the nuts and bolts of […]

Published or Updated: January 26, 2013

How to Track Your Business Finances Like a Ninja

How I track my business income and expenses has changed dramatically since I started my online company in 2007. What was once a painful process with uncertain results (I was always losing something) now takes just a few minutes a month. And the result is penny-perfect accounting that even my tax prepare admires. So how […]

Published or Updated: October 18, 2012

Why I Invoice Clients Online Using FreshBooks

There are certain aspects of running an online business that are really tedious. Bookkeeping is one of them. Each month I invoice about six clients. While that doesn’t seem like much, it’s frankly a real pain. Until recently, I used QuickBooks to generate the invoice and track payments. The problem is that QuickBooks is a […]

Published or Updated: December 12, 2011

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