Tuesday, October 16, 2007

Accounting For Your Finances Will Take Time

Accounting For Your Finances Will Take Time
Copyright © Jose Love

No matter what type of business you are in,

accounting for income and expenses will become a

primary need you will have to face. Even if you

fail miserably and have no income, you will need to

account to the state and federal tax authorities.

While prior to the electronic age, books were

maintained by hand, usually a 13-column ledger that

helped business owners keep track of expenses and

income, accounting software is now available to

help keep track of your business, and personal

finances.

Some of the accounting software on the market today

may require extensive experience to use, or at

least a lot of time to sit with the user’s guide to

understand how it works. However, there is also

software that is self-explanatory on a basic level

that can be used to help track expenses and income

while writing checks for supplies and, if

applicable, payroll and office expenses.

Some of the better business software can cost

upwards of $300, but is well worth the expense if

you feel your business is going to take off and

plan to have multiple clients and multiple income

streams. It can provide a detailed profit and loss

statement that can also be used to calculate income

and business tax liability. For most small

businesses just getting underway, hiring an

accountant may be financially out of the question

but having decent accounting software can make

keeping track of your finances easier.

It will not matter the quality of your accounting

program if records are not updated on a daily

basis. It may be easy to say that since there were

no expenses or receipts paid that day there is no

need to open the software and make any entries.

Think again. If you are ever tagged for an Internal

Revenue Service audit, any open dates may be seen

as an attempt to hide something. Simply noting that

there was no activity on a particular day into the

accounting software may save a lot of questions

later on.

It is also easy to say you will do everything once

a week and while this is acceptable, when you are

just starting out, getting into the habit of making

daily entries will insure nothing is missed.

Receipts and check records should also be

maintained on a daily basis and at the end of every

month, when reconciling your checkbook, verify the

receipts are available for every expense. Lost

receipts are the biggest cause of paying more taxes

later, because you can’t prove where the money

went.

Even if you use a simple spreadsheet to track

expenses and income, any type of hard accounting

history will help keep you on track and let you

know where you stand where your business plan is

concerned. If accounting shows your income is

running higher than expected, it is time to

celebrate. If lower than anticipated, you will need

to make adjustments in expenses to keep the bottom

line on track.
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To find the best home based business ideas and
opportunities so you can work at home visit:

http://www.moneylegs.com/cgi-bin/busroto.cgi?id=35244

Saturday, September 1, 2007

The Three Golden Laws of Home Business

The Three Golden Laws of Home Business
Copyright © Jose Love

Starting, running, and turning a profit out of a

home business does not have to be the tall task

that most people make it out to be. While it

certainly isn’t easy, it doesn’t have to be overly

difficult either. With a little bit of forethought

and planning, even the hardest, most complex of

things can become relatively simple.

There are

three golden laws in running a home business. If

followed, these laws will help you create a dynamic

home business, one that allows you make a decent

living. If ignored, these laws will ensure that

your home business does not rise above average

operating results.

First, plan all the way to the

end. You must have a concrete vision for the

business. Where will it be five, ten, twenty years

from now? What sort of scale will it have? What

will it be doing differently, and what things will

remain the same? Try to envision all the obstacles

that may come up and prepare plans to meet them. To

be sure, you will be unable to foresee all the

crises that will occur. But mentally, you must be

prepared for them as they come. Circumstances

should not catch you completely off-guard; you

should have a measure of preparation against

ever-changing situations.

Second, work hard – and

make your people work hard as well. With your home

business, everything will start with you. You must

work to become the greatest, most capable

individual that you can become. Spare no expense in

your education, within reason, as long as such

education is helping you prepare for the future.

Then, be sure that you work as hard as you can,

learning all the ins and outs of the trade of which

you are in. A good work ethic is important to

success, and you should not neglect it. A corollary

to this is that you should hire people who are just

as hard-working as you are. Be sure to set targets

for both yourself and others, and measure what gets

done. Give reward liberally to those who

achieve.

Third, utilize the power of personal

networks. There is an old adage that says “It is

not what you know, but whom you know.” While we may

rebel against what this truism may imply, the fact

remains that worldly success depends on a high

degree to the number and quality of people who are

kindly disposed towards you. Your personal network,

as well as the networks of the people who work for

you, should be utilized to their full potential, in

terms of advertising and sales efforts. Treat those

in your personal network well, provide the

necessary services, and they in turn may promote

your business to those in their networks.




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To find the best home based business ideas and
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Tuesday, August 28, 2007

Keeping Up Appearances At Your Home Business

Keeping Up Appearances At Your Home Business
Copyright © Jose Love

When you work form home, it is very easy to simply

get out of bed and go to your work in your pajamas

and not worry about what you look like. After all ,

if all of your clients are in different locations,

and you aren’t seeing anyone, what is the harm in

being lazy and not dressing up for work?

Be Professional

There is no harm in your business, per say, if you

simply go to work dressed in whatever you feel

like, but the harm is going to lie in the long term

affects that you are going to see on yourself if

you don’t’ dress for work. Now, you don’t’ have to

be wearing a fancy suit or a glamorous outfit, but

even if you are working at home all day, part of

what you need to be doing is getting dressed for

work.

IF you are working at home in whatever you wore to

bed, you are sending yourself the message that it

is okay to be lazy and that it is okay to simply

slack off and not do what you should be doing. You

are also sending a message, if even to yourself,

that you are not professional and should not be

treated as such. If you do this for a long period

of time, your business is going to start to feel

like just something else you do at home, and you

are going to lose site of the fact that you are

actually running a business.

There are some things that you can do to make sure

that you always stay professional and that you keep

this in your head at all times, which will make

your business run much more smoothly.

First of all, be sure that you dress for work each

day. It doesn’t have to be as fancy as you might if

you worked in an office building, but you should be

able to feel like you are at work, and you should

wear something other than the clothes you would

wear if you were simply at home.

Also, you should set hours for yourself to be at

work. Working from home is something that can be

great, but it can also turn into something that

means you have to be at work all of the time. If

you set yourself business hours, and stick to them,

you are more likely to treat your business as a

business, and not as something that is taking over

your life. Something else that you have to be sure

to always do is to answer the phone and emails in a

professional manner, so that whoever you are

communicating with will know that you are taking

yourself, and your home business, very seriously.

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To find the best home based business ideas and
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Monday, August 27, 2007

How To Start Your Own Home Based Meals To Go Business

How To Start Your Own Home Based Meals To Go
Business

Copyright © Jose Love

If you are one of those people who love to cook,

you might want to explore the possibilities of

selling meals to go in your community. A lot of

people are not really eating right these days. In

most cases, families thrive on processed and

instant foods because everyone is too busy to

prepare a healthy meal. By offering home cooked

meals to go, you will be able to help others eat

healthier foods and at the same time earn some

money to contribute to the family coffers. If your

neighbors and friends love your cooking, you will

most likely have a lot of people knocking on your

door and asking for a decent meal.

Getting organized

If you happen to live in an apartment building

where everyone leaves the place in a hurry

everyday, you might want to offer some breakfast,

lunch or dinner to go. However, before you do so,

you better check with the building administrator if

these things are allowed or else you will get into

trouble. There are many apartment buildings that

do not really allow these things because this could

be a source of fire hazards. On the other hand, if

you have your own house, offering meals to go will

not be much of a problem. In most cases, after

complying with government regulations, you can

start your home business immediately.

Organizing things for your food to go business is

not really that difficult especially if you have a

computer with internet connection in your home. You

can start by asking the people in the building for

their email or instant messaging address. You can

send your menu for the day to these addresses and

ask them to send you a message as to what they will

have for breakfast, lunch or dinner. For your

neighbors who do not have internet connection, you

can just put a cork board outside your door where

you can post your menu for the day. You may also

provide for some paper and a box where your clients

can write their order and then drop them in the

box. Furthermore, having a business phone is a

must. Some of your clients may want to call you to

place or cancel their orders. Never rely on your

home phone for this purpose. Always bear in mind

that the home phone should only be used for

personal transactions and the business phone should

be dedicated solely for entertaining clients.

Set a specific time and place where your clients

can pick up their food. Make sure that you are all

ready and waiting a few minutes before your clients

start arriving so that you will not have

difficulties getting things in order.

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To find the best home based business ideas and
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Sunday, August 26, 2007

How To Start Your Own Dog Care Home Business

How To Start Your Own Dog Care Home Business
Copyright © Jose Love

Do you love dogs? If you happen to love dogs, you

might want to start a dog care home business. A lot

of dog owners don’t have time to groom or walk

their dogs and they will often rely on pet care

businesses to do the job for them. Considering the

number of dog owners in the country today, you will

not really run-out of clients who will ask to groom

and walk their dogs.

Setting up a dog bath

The first thing that you will need is a place where

you can bath and groom dogs. If you live in a house

with a big lawn, you may want to set up a place

where you can bath dogs. Never attempt to bath

dogs, especially the big once inside your house.

Dogs love to wiggle around and shake their hair

during baths thus creating a huge mess. Playful and

rowdy big dogs are adorable but when they start

running around your house in their wet coats,

things will not really look very funny at all so

keep them out of the house. There is no point of

wasting a lot of energy cleaning after a wet dog.

When setting up a dog bath, a tub or a huge basin,

a garden hose, some dog soap, shampoo, a brush and

some cotton towels. You don’t really need something

elaborate when bathing dogs. Certainly not those

pet washers that torture the poor things. Some

experts believe that using pet washers where you

simply put the dog inside a box and turn on the

water cause emotional trauma on the dogs and must

not be used at all. Well, who wouldn’t be

traumatized if they were put inside a closed box

with water gushing all over the place? If you want

to bath dogs, forget about the pet washer and do

things the old fashioned way. Dogs love it when you

brush their coat and massage them. Besides, bathing

a dog the old fashioned way could be a lot of fun

for you too.

Setting up a grooming area

For grooming dogs, select a quite area inside the

house. Of course you can set-up a grooming area

outside of the house if you want to but grooming a

dog inside the house is lot better. First, most

dogs are less playful when they are inside the

house than when they are in the yard, second, there

are less distractions inside the house and third,

it would be easier on your part to store all your

grooming stuff. For grooming dogs, you will need

the following materials; a table, towels, cotton,

mineral oil, eye ointment, nails clippers and a

brush. You can easily get all these stuff at your

favorite pet shop.


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How To Start A Home Business With Limited Amount of Capital

How To Start A Home Business With Limited Amount of Capital
Copyright © Jose Love
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If you are thinking about borrowing a huge amount of money from friends and relatives to start your own home business, you might want to put that thought aside and find other ways of starting your business without burying yourself in a pile of debts. Just because you do not have a lot of money for capital doesn’t mean you cannot engage in a home business. There are many ways of starting your own home business even with just a few dollars.

Offering Services

One of the best ways to do away with the huge start up capital is to start a business that will only require your talents and your time as capital. For instance, if have some special skills and trainings on dealing with children with learning disabilities, you can set up a tutorial service. There are many people all over the country that are offering home tutorial services for kids with learning problems and they are earning good money. On the hand, if you have some bookkeeping skills and you have some experience in this area, you might want to offer your service to the small business around your neighborhood. You will be surprised at how many people really need your services.

Use your present resources

Using your present resources as capital for your business can help you save a lot of money. For instance, if you have a big house with a lawn, you can turn your house into a child minding center or a day care center. There are a lot of parents out there who need a safe place where they can leave their kids while they go to work or do some shopping. A day care center is not really hard to promote in the neighborhood. Once the people in your community learn that you are offering this type of service, they will start coming to your doorstep.

Working Online

There are many online businesses that do not require you to put any capital at all. For instance, if you are a good writer, you can offer your services online. The good thing about working as an online freelance writer is that you can work anywhere you are. As long as you have a computer with internet connection, it doesn’t matter if you are working inside the mall, the coffee shop or by the beach for that matter. On the hand, if you have no writing skills, you can always join one of those online affiliate marketing programs and earn commissions from the sales generated from your site. Most online affiliate marketing programs do not require you to put capital to get started. The good thing about these online affiliate programs is that they give out big commissions. If your site generates a lot of traffic, you will most likely earn a handsome income out of these affiliate marketing programs.



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To find the best home based business ideas and
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Friday, April 6, 2007

Should you Consider a Reverse Mortgage?

Should you Consider a Reverse Mortgage?
Copyright © Jose Love

I decided to publish this article because so many
of our family members own homes, are retired and
have reached age 62. Therefore, they possibly
qualify for a reverse mortgage. When done
correctly, a reverse mortgage can partially and,
in some cases, totally alleviate financialworries
for seniors. I have provided a link later in this
article that will answer most of your questions
about this unique financial instrument. Here are
some highlights and interesting facts:


Reverse Mortgages Offer Senior Homeowners
a Way to Turn Home Equity into Tax Free Cash!


Reverse Mortgages Can Help Seniors
Pay for Long-Term Care Needs.


Out of 27.5 million elder U.S. households (age 62+)

15 million could qualify for a reverse mortgage.

And of that total 13.2 million are candidates for

using reverse mortgages to pay for LTC at home,

according to the study, which is being funded by

the Centers for Medicare and Medicaid Services and

the Robert Wood Johnson Foundation.

All Reverse Mortgages are not the same

The Home Equity Conversion Mortgage (HECM) is the

only reverse mortgage insured by the federal

government. HECM loans are insured by the Federal

Housing Administration (FHA), which is part of the

U.S. Department of Housing and Urban Development

(HUD).

HECMs Versus Other Reverses

HECM loans generally provide the largest loan

advances of any reverse mortgage. HECMs also give

you the most choices in how the loan is paid to

you, and you can use the money for any purpose.

Although they can be costly, HECMs are generally

less expensive than privately-insured reverse

mortgages. Other reverse mortgages may have smaller

fees, but they generally have higher interest

rates. On the whole, HECMs are likely to cost less

in most cases.

The only reverse mortgages that always cost the

least are ones offered by state or local

governments. These loans typically must be used for

one specific purpose only, for example, to repair

your home, or pay your property taxes. They also

generally are available only to homeowners with low

to moderate incomes.

Please go to the following link to get more
details on Reverse Mortgages:



http:www.aarp.org/money/revmort


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Sunday, April 1, 2007

Important Cell Phone Information

Important Cell Phone Information
Copyright © Jose Love

>Great information
>
>THINGS YOU NEVER KNEW YOUR CELL PHONE COULD DO:
>There are a few things that can be done in times

of grave emergencies. Your
>mobile phone can actually be a life saver or an

emergency tool for
>survival. Check out the things that you can do

with it:
>
>FIRST
>Subject: Emergency
>The Emergency Number worldwide for Mobile is 112.

If you find yourself out
>of the coverage area of your mobile; network and

there is an emergency,
>dial 112 and the mobile will search any existing

network to establish the
>emergency number for you, and interestingly this

number 112 can be dialed
>even if the keypad is locked. Try it out.
>
>SECOND
>Subject: Have you locked your keys in the car?
>Does your car have remote keyless entry? This may

come in handy someday.
>Good reason to own a cell phone: If you lock your

keys in the car and the
>spare keys are at home, call someone at home on

their cell phone from your
>cell phone. Hold your cell phone about a foot from

your car door and have
>the person at your home press the unlock button,

holding it near the mobile
>on their end. Your car will unlock. Saves someone

from having to drive your
>keys to you.
>Distance is no object. You could be hundreds of

miles away, and if you can
>reach someone who has the other "remote" for your

car, you can unlock the
>doors (or the trunk).
>Editor's Note: "It works fine! We tried it out and

it unlocked our car over
>a cell phone!"
>
>THIRD
>Subject: Hidden Battery Power
>Imagine your cell battery is very low. To

activate, press the keys *3370#
>Your cell will restart with this reserve and the

instrument will show a 50%
>increase in battery. This reserve will get charged

when you charge your
>cell next time.
>
>FOURTH
>Subject: How to disable a STOLEN mobile phone?
>To check your Mobile phone's serial number, key in

the following digits on
>your phone: * # 0 6 # A 15 digit code will appear

on the screen. This
>number is unique to your handset. Write it down

and keep it somewhere safe.
>When your phone gets stolen, you can phone your

service provider and give
>them this code. They will then be able to block

your handset so even if the
>thief changes the SIM card, your phone will be

totally useless. You
>probably won't get your phone back, but at least

you know that whoever
>stole it can't use/sell it either. If everybody

does this, there would be
>no point in people stealing mobile phones.
>And Finally..
>
>FIFTH
>Cell phone companies are charging us $1.00 to

$1.75 or more for 411
>information calls when they don't have to. Most of

us do not carry a
>telephone directory in our vehicle, which makes

this situation even more of
>a problem. When you need to use the 411

information option, simply dial
>(800) FREE 411 or (800) 373-3411 without incurring

any charge at all.
>Program this into your cell phone now.
>
>This is the kind of information people don't mind

receiving, so pass it on
>to your family and friends.
>
>
>
>
>"We are what we repeatedly do. Excellence, then,

is not an act, but a habit."
Aristotle


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Saturday, March 31, 2007

A Son's Farewell to His Dad

A Son's Farewell to His Dad
Copyright © Jose Love
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This is the message I had planned to deliver at
my dad's funeral if the proceedings had not gone
so long. All of us know that dad was not a fan of
long services. I wasn't about to offend him, even
in death.

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My Tribute:

Thanks to all of you for attending the celebration
of the life of our beloved father, Mr. Charlie
Love. I'm certain most of you marvel at the dates
on his obituary (October 7,1909 - February 1,
2007). you find it remarkable because these dates
represent 97 long years of life. But I suggest to
you that there is a less obvious part of that date
that is even more remarkable. The part I refer to
is the "dash" (-) between the dates. You see, the
dash represents the kind of life you lived. It is
what distinguishes us. It is what makes us unique;
our DNA, so to speak. It is so unique that we don't


need to make a visit to Jerry Springer to find out
if it belongs to us. The evidence within the dash
is so overwhelming that it cries out at its owner.
Thus, my dad's dash is evidence of his life.

Now, if you will indulge me, I will tell you some
of what the evidence reveals. The first thing that
the evidence reveals is that he was not a perfect.
He, like the rest of us, had flaws. I should know
because I inherited some of them while adding some
of my own. The evidence shows that he was an

entrepreneur. You won't find a bunch of employers

on his resume because throughout his working life,
he was self-employed. So, if any of you grand kids
or great grand kids ever wonder why you find it
difficult to work for someone else, you need look
no further than the "dash". However, if you wonder
why you don't want to work at all, then you're just
lazy. That has nothing to do with your grand
father's "dash". This man worked on days when most
of you wouldn't have got out of bed.

The second thing that the evidence shows is a man
of dignity. He was respected because he was
respectful. He always wore his pants up around his
his waist and never below his butt whether he was
on the church yard or the court yard. He never
'sagged'. As a matter of fact, if you grands and
great-grands would take the time and spell the word
'SAGGIN' backwards (NIGGAS), some of you would
probably stop 'SAGGIN' too.

Finally, the evidence reveals a 'real man'. It reveals
a man with one wife, one church, one God. He outlived
his wife, but made sure that he was with her every day
during the illness that took her life. He remained
an advisor to church officials even while he
convalesced. He held counsel with his God every day
of his waning years. If the 'dash' could write his
epithet, it would read, "He made a difference!"

Thank you for your indulgence. Goodbye my dad,
goodbye my friend.


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