New Georgia Business Idea – Ebook Editor
June 22, 2011 by admin
Filed under georgia online business, incorporate in georgia
The ebook revolution is coming – some say it’s already here. Ok, I say that too – it’s here. There are more ebooks sold at Amazon.com than there are paperback books. That’s saying something.
Ebooks are the start of something amazing… now people are able to carry around 2500 books in their ereader… they could never carry even 25 books around all the time with them before. Ebooks can be had in an instant. The Amazon Kindle ereader allows connecting to the internet through WIFI and downloading ebooks in just a couple of minutes – on virtually whatever topic you want. How did you do it before? Go online and order a book to come in the mail in 3 days? Drive to Barnes & Noble and search through books one by one until you found one that was interesting?
With the ebook revolution is coming a WHOLE lot of new writers to the field that are not being edited at all. The editing process is getting skipped in many cases – and ebook quality, just doesn’t compare to edited paperbooks. There is coming a time when book editors are going to enjoy a resurgence as writers realize – they still need you.
If you might consider yourself an editor – this could be the best time to get into the field – ever. There are thousands of new books coming out each day – just on Amazon. Add all the other ebook retailers to the mix – and there are many books that need an editor to be considered of sufficient quality for readers to enjoy.
The ebook editing process might look different than the old paperback editing process. Maybe todays editors don’t need to read every line – and make sure the book makes sense. Maybe a new editing process will evolve where ebook writers just have someone proof the major things like spelling, use of the words, and grammar. Maybe editors will start formatting books for best results when displayed on the Kindle, Nook, iPad, or other readers.
It’s an exciting time to get your foot in the door and start building up a reputation as an ebook editor. There will be a lot of work in the years to come. Maybe more than you can handle yourself and you will need to find some help (employees).
Start your business, but do it the right way – incorporate your new Georgia business with the forms above.
Good luck to you!
New Georgia Business Idea – Job Recruiter
June 19, 2011 by admin
Filed under georgia online business, incorporate in georgia
One online business you might start is a head-hunting company. What I mean is, of course, job recruiter. You can become a matchmaker between those that need jobs and those that have jobs – and take a commission off successful placements.
Usually how it it works is that a head-hunter becomes very familiar with companies that regularly hire workers. Usually these are large companies with a constant demand for new employees. Ideally a recruiter will work out an exclusive agreement with the employer to provide all their employees. This is akin to outsourcing the human resources department in a company, and something that many employers find attractive as an option.
A typical commission on a job placement might give the recruiter $1,000 for the placement and first two days of work and $1,000 per month for the next 3 months the employee remains with the company. This ensures that the recruiter didn’t just sign up anyone and is scamming the employer with employees that will quit after a day or two.
There are many subjects you can focus on as a recruiter. Some are focused on tech jobs, programmers especially, others are focused on nurses, or managers. The higher the annual salary of a worker – the higher the commission. $10,000 commissions are not unheard of – and it can go much higher than that.
If you have excellent phone skills and you enjoy working with people looking for jobs – a new Georgia recruiting business might be just what you should begin.
Before you get too far with your idea – incorporate in Georgia – here on this site on the forms pages with links above. Incorporation is smart and, we feel, essential in this day of easy litigation.
Good luck to you!
New Georgia Business Idea – Membership Site
June 17, 2011 by admin
Filed under georgia online business, incorporate in georgia
One thing we’re going to be doing over the next couple of months is building a new membership site. We’re not sure what the topic is going to be yet, but the model we want to use is the membership site because it’s such a powerful way to build a website, business, and put money in your pockets.
Membership sites can be focused on many topics – and don’t take this short list to be all-inclusive:
- Money Making Guru
- A Sport with private, moderated forums where you can interact with others at a high level
- A site where video is released often – and has great value.
- A site that promises secrecy, privacy from the public – not found in search engines.
- A training site – something is being taught
A membership site gets income from primarily – one source – your members paying a recurring monthly fee. You can restructure payments however you want, but a monthly recurring payment of between $3 and $49 works well. I have a friend that built an online greeting card site back in 2000. Soon he had giant traffic and decided to offer some premium card sending ability for just $2.99 per month. Doesn’t sound like much, right? He had over 100,000 people sign up to do it. Now, how does $300,000+ per month sound? Right, the model has power in numbers! The numbers dwindled over time as more greeting card sites cropped up – but, as of last year he still had 20,000 subscribers at $2.99 per month.
On the other side you can charge $2,000 a month or a few hundred dollars a month and focus on just a handful of members. Some marketing gurus say to target 100 people to sign up for your monthly membership site. Charge what you need to make if 100 signed up. So, if you want to make $50,000 per month you’d charge $500 per month. You’d need to make sure you were providing $500 (or more) in value each month so people kept up their recurring payments – and you’d be set – making $600,000 per year.
To me the $2.99 sounds easier, and, once the greeting card premium service was set up – programmed by the web developers for a thousand dollars or so – it ran itself. My friend did nothing from that point on. He did hire a customer service girl to work the email responses to people that wrote in. He paid her $20,000 per year. He made 3.6 million per year and paid out $20,000 for customer service and another $24,000 on servers at Rackspace.com. Not bad net, right?
If you’re looking for a Georgia business to start and you haven’t considered a membership site… start looking into it. I think you’ll like what you find. Once you figure out what niche you’ll target, don’t forget to incorporate your Georgia business and reap the benefits.
Good luck to you!
Georgia Business Idea – Content Writer / Copywriter
June 7, 2011 by admin
Filed under incorporate in georgia, starting a business
One business you can start in Georgia, or anywhere really, is that of online content writer or copywriter.
Georgia website owners need writers to make what they need to communicate to their customers – make sense. Copywriters specializing in a certain area, technology sales, for instance – know what words to use in order to push the buttons of people viewing sites where they might buy some tech gadget.
Copywriters get paid exceptionally well – and there’s good reason for that. They make business owners money. Lots of money. There are few great copywriters in any field out there – and you’ll need to do your homework to find them. Some are good across fields. They are paid at the rate of $10,000 and more per day of work. How’d you like to be on that pay scale? That would be some nice padding in the wallet.
On the other hand are content writers. Other end of the scale really. It shouldn’t be this way, but with some search engine development and India up and coming as a country who has millions of English speakers – the outsourcing of content writing for websites – general text, not so specific like copywriters, has come down in price – and quality.
Websites want to see quality, unique content. While the content that most content writers put out is unique – many are just switching around words in a sentence and calling it unique. The ideas are rarely unique. Content writers churn out words by the thousands and make less than a penny per word in some cases.
If you’re going into the content writer profession you should focus on writing quality content for decent pay. You’ll never undercut those that are willing to work for peanuts – and it isn’t worth your time to try. Focus on writing very high-end content and get paid $100-300 per article, not $2-10 per article.
An essential part of starting your own Georgia business – is incorporating that business. Incorporating in Georgia will give you some peace of mind. Incorporation protects your assets in many cases, if your business is sued. If you don’t incorporate and you’re running your business as a sole proprietor, you can be left open to lawsuits suing you personally – which puts your personal assets at risk. Don’t risk it – incorporate your Georgia business here today. It takes minutes, and saves you headaches later.
Good luck to you!
Small Georgia Online Business? Tips For You…
June 5, 2011 by admin
Filed under georgia online business
When starting a small business there are times you will feel overwhelmed. Here, to add to your GTD (Getting Things Done) list are five activities to put in your agenda. Keep these in mind as you start your new business because they will help you through some of the major hurdles and problems you might find yourself up against if you ignore them.
5 Things You Must Do for Your New Georgia Small Business:
1. Incorporate – as soon as you know what your business is, what the name of your business is, what the domain name is, you must incorporate your new business. If it sounds like more than a strong suggestion, it is. I have a friend that chose not to incorporate – it was too much trouble. Instead he listed himself as a sole proprietor for his real estate business in Florida. His business was sued because of something that was misunderstood. He learned during the court process that his personal savings accounts, boat, house, and anything of value he owned could be taken by the court if they deemed his actions to be maliciously intended.
That is finding out way too late that you could lose everything you have because you did not take a few hours to incorporate your business for $225 to $300. Incorporation puts a layer between you and your business. In fact, it creates a separate business entity for tax purposes and legal purposes. If you do not incorporate you are risking so much. Spend the $300 and gain peace of mind.
2. Register domain names at Godaddy.com – after you figure out what your official business name will be, you have incorporated with it – now register that name three times with.com,.net, and.org suffixes to protect yourself from cybersquatters and those that are looking to steal away some of your customers. It costs about $30 to register 3 domain names at Godaddy. Less if you find coupons that give you big discounts.
3. Research Open Office and Google Docs before you buy into Microsoft’s Office Suite software. You can save a lot of money because both of these options are free.
4. Read Tim Ferris’ The 4-Hour Workweek for a different perspective entirely on the goal of small business. This book makes a very strong case for the entire point of your business being to fund your travel and freedom. Exceptional book that you will be glad you read, and be recommending to others. I promise.
5. Write an informal business plan. Find a formal business plan and use the headings and subheadings to guide you as you write up a plan that you will follow for your business. Do this whether or not you will create a formal business plan to help you get funding with a financial institution.
Starting a new business sometimes seems too difficult for people once they get started. It sounds like a great idea at first – and then the reality of work sets in – it is work too, right? If you follow these tips – it will help you get started the right way. It is NOT that difficult – just start and move forward – at whatever pace. Eventually it will be up and running, and you’ll be in a better place than you were before. Good luck to you!
Is Your Georgia Business Built on Rock or Sand?
June 3, 2011 by admin
Filed under georgia online business
Is your new business built on a house of cards? If someone sued your business right now, could you lose everything? I mean everything – your house, one of your vehicles, your cash savings it took you thirty years to amass.
A business built without certain fundamentals is like a card house waiting to topple. It would not be a pretty picture if it was your business.
Here are a two things you have to do correctly in order to have a stable base for your business:
Choosing a Georgia Business Name
The name of your business can get you into trouble, believe it or not. Name your business something with a trademarked term in the title and you could find yourself in court over it. Maybe it will not happen this month, maybe not this year. Maybe, when your business has made you a couple of million dollars a lawyer shows up and wants to talk about cutting a deal because you have been using their trademarked word in your business name, website, and product design. That is probably one fight you are better off avoiding – and you would be best advised to go ahead and settle and give them a million dollars or whatever you can get away with. Yes, it is that bad.
The US Patent and Trademark Office is located online at USPTO.gov. They have a search feature that will let you search for trademarked words and phrases that you must not use for your business name, or products… or use in your business at all.
You also need to research thoroughly about whether or not your business name will conflict with another similar business or similar sounding name. Court cases can be brought for names that are too similar. The reason being, if you named your business something that could be easily mistaken for another existing business – there is some conflict there. A court could award damages either now or in the future. Google and maybe one or two other search engines are resources you can use for a check of this nature.
Your official business name is one thing, and your domain name is another. You will want to research your business name in Google to find out if there are any domain names with very similar, or the same phrase. Someone doing business as a sole proprietor could register a business domain name before you do – and be able to use it – regardless if your name is an official company name or not.
Incorporation
Many one-person businesses look at incorporation as something that is only for businesses with employees, an office. In fact, it used to be that way. Now that the internet is providing a platform for new businesses to spring up literally in a day or so, the one-person business needs to add this crucial step to their business start up plan and incorporate.
Incorporation is as easy as:
* Figuring out which type of business entity to create. Will you choose LLC, S-Corporation, C-Corporation, or a Non-profit? After a couple of hours of self-study you will have it all figured out and be able to go to the next step.
* Register your business by filling out an online form at one of the online business registration services.
These two steps – business name check, and incorporation, are crucial because time does not make these things go away. Start your business the wrong way – and the possibility of lawsuits in the future do not go away. Take care of your business from the start and do these few things the right way. There are many more things you should do the right way – starting with taxes, but this is a good base to start from. Surprisingly, many companies do not even do these few small things.
Disclaimer – we are not lawyers and cannot give legal advice. Consult registered lawyers before you act on any information provided here.
Why Start an Online Business? Here’s Why…
June 1, 2011 by admin
Filed under georgia online business
You probably know people that have started their own business.
Many of us consider starting an online or traditional business, but most of us do not. Why is that?
Taking a job working for someone else:
* is degrading
* kills your freedom
* makes you barely productive
* is not fun
Yet, most of us choose to work for someone else because we are following tradition. Traditionally almost all of us look at ourselves as employees, not the boss. There is a lot to be said for creating your own business and hiring employees, but on initial consideration – it seems like a major project, fraught with headaches and tough decisions.
The USA, and really the world, is not in a good economic state at the present time. Maybe it is getting better in the USA, maybe not. But you know what? There are thousands of people owning their own businesses that are relatively unaffected by the global economic situation. Personally I know dozens of people that work online that are relatively unaffected. They are not making as much money as they would be in a killer time of growth across the globe economically, but they are doing well enough to take long vacations and keep plugging along as usual.
I think the absolute number one reason everyone should start their own business is because – nobody can fire you. That is it. Job security. As long as you are trying – you will remain employed.
The second reason to start your own business is because your failure or success is directly attributable to only one person – not a company. If you put the time and effort into knocking one out of the park, then you will succeed. If not, you will fail. If you are motivated to do something good for yourself and your family then starting an online business is one of the best projects you could ever start.
Another reason to start your own business is money. You pay yourself what you want. If you are an employee for someone and you are paid $4,000 per month, and you save $1,000 per month… you are taxed on that $1,000 that you made. So really, you made about $1,350 to make that $1,000 you saved. It will take you many years to make that back in interest in a savings, or through bonds. This, because you are already in the hole.
Contrast that with being your own business owner. You pay yourself only what you need to survive. So, you pay yourself $3,000 – on which you are taxed. You do not withdraw the $1,000. You keep it in your business checking where it is not taxed. You can use that money to buy business equipment, or use it for many business related things like travel to another state or country if you choose…and you are not taxed on that use of the $1,000. Makes sense to start a business for that reason alone.
Starting an online business in Georgia is ridiculously easy and can be done in 24 hours in most cases. You will need to figure out the type of incorporation to file: LLC, S-Corp, C-Corp, NonProfit. You will need to decide on officers and roles for staff.
In most cases you will not need a lawyer or an accountant to file your initial articles of incorporation. Most entrepreneurs read up on the various types of incorporation filing and decide on their own which fits best.
Filing is easy, you can use easy online forms from a multitude of companies online to file your articles within 24 hours.
Why starting a business in Georgia is a good idea?
1. Tax advantages.
2. Georgia is a respectable state for your business. Two states, Delaware and Nevada, though they have some of the best benefits in the nation for businesses strike many lenders as bogus states to incorporate in. The truth is, corporations registered in DE and NV are not taken as seriously as Georgia or most other states. Part of incorporation is respect. You want it. You need it. Do yourself a favor and avoid these two states as well as off-shore incorporation in the Virgin Islands, or worse.
Incorporate first. Then start the transition out of your other full-time job. A smart way to go about it is to wait until you are very close to self-supporting with your new business before quitting your stable, income-producing job. There is no deadline – no competition. Treat it as it should be, as a meticulously planned change of your career and really, your life.
Put hours in at your new online business when you can. Test many things – marketing, sales tactics. See what works and get things moving forward and carrying some steam so you can quit your other job.
A big part of your time should be spent learning. Internet marketing is a large topic, and traffic generation, lead generation, marketing, and online sales are all topics you will want to get up to speed on – or, hire someone that will. These are essential topics for any new online business.
Decide where you will target to get traffic to your website(s). Google is not the only game in town anymore. YouTube, owned by Google, drives tremendous amounts of traffic and has been named the second most popular search engine next to Google!
Join sites like Facebook, Flickr, YouTube, Vimeo, and Viddler.
Marketing is the most important activity for your new online Georgia business. Visitors coming to your business site is probably the most important factor of success and you need to bring people to your site in order to be successful. Spend most of your time on marketing and increasing traffic to your site.
Just like with traditional brick and mortar businesses, hard work, consistent effort, and evolving tactics that work is what will propel your online business toward success. There are many online entrepreneurs across the globe making money with their online business. There is no reason you can not do the same.
Do not waste another minute – go find out about incorporating your business in Georgia. It is the right state. It is the right time. Are you in the right state of mind?
10 Georgia Business Site Design Tips
May 31, 2011 by admin
Filed under georgia online business
Design of your business website is very important. You want to get across a couple of things – important things. What is your business all about? A new visitor should be able to answer that question in the first 5 seconds. Where can they contact you? What products or services do you sell?
These 10 tips will help you create a website that is fun and easy to use for visitors. These are time-tested techniques to help your business website be the best it can possibly be.
1. Fonts – Verdana, Trebuchet, Arial, Helvetica – these are all easy to use fonts that are more recent than Times New Roman. A site still using an old font like that, or worse, courier – which is like type written characters, is an eyesore to look at. Font size should be 12 or 14 point for general text. You might use size 18 or 20 point for headings and subheadings.
2. Include Images – sites that have no images or graphics are very boring and a new visitor will likely just click off very quickly and go to another more “GUI” (Graphical User Interface) site. A GUI site is one that has a lot of eye-candy and can grab a viewer’s attention and hold it for some amount of time. Photos of people using your products are especially effective in helping you sell online.
3. Include Video, PDF, images, MP3, FLASH – and all kinds of multimedia files to grab attention and keep visitors on your business website. Video in particular is the ultimate way for businesses to present information to potential customers online. Invest some time in producing some video for your website – it is all time well-invested.
4. Blue Links – originally all hyperlinks on websites were blue. This was back in the mid to late 1990s. THe color has stuck in our minds and to most of the online world the bright blue color of text signifies hyperlinks. This color is more easily noticed than other link colors. If you do not want to use bright blue for your links, use another color of blue or bright red. Black for links is difficult to discern, so if your body text is black, you should not use black for your link color.
5. White Space – is necessary. Break up huge conglomerations of text with copious amounts of white space to give eyes a break.
6. Sales Page Optimization – a quality sales page has a number of features. Primarily, your goal is to answer every question about your product as possible so your potential customer does not click away and visit another site. Your sales page should have images, sound, video, or other media to highlight all the positives you can about the product. Describe who your product is for, why it is necessary, how to use it, and why the price is worth it.
7. Template Format – your header, columns, footer, the entire website should have some structure to it – and look professional as a result. If you keep the links in the same place, the articles in a set format, it becomes natural and easily remembered. If it is easy to remember then your site is easy to use. Strive to make your site very easy to use.
8. Remove Mandatory Downloads – websites or pages that start with a FLASH or other mandatory download can be a horrible user experience and may lead to potential customers clicking away before they even see what you have to offer. Large downloads of FLASH or video should be optional at all times – never mandatory. Though most of the USA has broadband internet there are buyers that do not. Even among broadband users, few enjoy being forced to wait even a minute to download something they are not sure is pertinent to them.
9. Substantial Content – business websites with less than 10-20 pages are not taken very seriously by Google or other search engines. You should be able to make 50 pages for any business website. If you cannot fill your site with 50 pages of great information about your product or service then you probably are not going to make a big impression in Google. It is possible, it is not likely.
10. A-Level Graphics – there is nothing that gives your business the impression of being amateurs as having weak graphics on your website or for your promotional materials. Spend the extra money to have graphics developed professionally and you will present a better impression of your business.
There are many areas to optimize when you start your new business. Make sure you are building a business based on fundamentals that are proven and work, not on a pile of sand, which can cause your business to fall over at the first sign of trouble.
7 Can’t Miss Tips to Help Your Georgia Business Website
May 28, 2011 by admin
Filed under starting a business
Your business website must do a few things correctly in order to accomplish the goals you have set for it. Here are some essential business website tips that every Georgia business owner can use.
1. White Background – traditional works best – high contrast black text on a white background with blue or some other bold colored links, works well. A white background is seen as clean and nice, besides being very easy to read black text on it. For a business website white should be the predominant background color behind almost all text to keep the site light and bright. The default blue links are best, as the world knows what blue text in a site means – it means a link.
2. Fonts – Times New Roman and Courier fonts must not be used for your business website except in small quantities. The predominant font should not be one of those. Instead, use Trebuchet MS, Arial, Verdana, or Helvetica font for the main text on your site. These are easy to read and familiar fonts.
3. Essential Business Website Pages:
About – use this page to talk about your business and the owners and staff. Photos in this section will help visitors feel connected with you. Some background bio info will build trust and visitors will either judge you to be competent or not.
Contact – offer several ways to reach you: phone, email, fax, chat, social media like Twitter or Facebook. Ideally you will create a contact form right on this page that a visitor could fill out and reach you without having to send email or choose one of the other contact options.
Disclaimer – the typical business owner doesn’t pay for a lawyer to draft this page up specially for their business, but you may need to. The other option is to copy someone’s disclaimer and change everything to make it relate to your business. Keep in mind, if you are sued the disclaimer on your site is probably going to be part of the case.
FAQ – the goal for a business site that is selling something, or asking visitors to sign up for information is to answer all questions the visitor may have so he or she just naturally signs up or buys – depending what your goal is. A FAQ section is ideal for listing all the questions and answers anyone could have so they don’t have to contact you to ask. Your business website is like another employee that converts sales for you, converts leads, and answers questions so your support team doesn’t have to.
Privacy Policy – everyone wants to know what is happening to their data they input at your site. If you have any form on your site or use cookies at all – you need to mention that in your privacy policy. Even if you don’t have any forms or cookies you can say that you respect individual privacy to a high level, and make people feel more at ease about visiting your site.
4. Contact Info on Every Page – in addition to a contact page you should (must) put easy-to-see contact information on every page of your business site – maybe in the right hand column – and keep it in the same place for all pages. All visitors should be able to find your contact information very quickly when they need it.
5. Lead Generation – give away something of value like an ebook report, audio, or video file in order to get visitors to sign up for your email list. The difference between collecting someone’s email and not is the difference between having them as a potential customer for the two minutes they are browsing your site, versus the two years they stay subscribed to your email list. It’s a big difference!
6. Sell Something – business websites must be selling something. You might be selling a product, a service, or yourself. Either way – you’re selling. Create clear calls to action to help remove any ambiguity about what the visitor should do on your site.
7. Style and Hype – a site filled with hype isn’t attractive to very many people, and you aren’t going to build a lot of trust using it. Exclamation points, huge fonts, and using many different colors in your website are bad style ideas. Business websites are always going for a professional look. Find some of the most professional sites in your niche and figure out why they give the impression of professionalism. Copy these features for your own Georgia business site.
Starting a Georgia Business – Paying Yourself to Work
May 26, 2011 by admin
Filed under starting a business
If you are like most US citizens you are working for a an employer that is not part of your family, and that takes 30% or more of your paycheck in tax withholding for the IRS. You are probably living payday to payday and you don’t have much after the bills are paid. Is there a way out?
Sure there is…
If you start a Georgia business of your own you can start to climb out of the hole where you’re barely making enough to survive, and start earning what you are worth. One of the reasons you are hurting for money is the same reason everyone else that is employed by someone else is hurting. You have limited ways to save money that you make. Taxes are eating you alive. Welcome to the American way.
If you wanted to start your own business in Georgia and begin to escape the life you’ve created for yourself by following tradition read on. You can start with incorporation. It’s very simple and immediately you’ll begin saving money. Let me show you.
Lets say you make $30,000 per year salary. You never see that much, but that is technically what you make. You only see somewhere around $20,000 of it because the taxes are taken out before you get your check. Lets say you need $15,000 to pay your rent, food, all expenses that you have each month and that you save $5,000 per year in your bank account. The horrible thing is – you already paid taxes on that $5,000. You earned $6,500 but were taxed $1,500. That left you with $5,000. How long will it take you to earn that $1,500 back you lost to taxes in an interest bearing savings account? A long, long time. There’s a better way.
You have your own business right there where you live in Georgia, where you make $30,000 in a year. You pay yourself just what you need to survive, $21,430 and pay taxes on that – leaving you what you need, $15,000. There is still $8,570 in your business checking. Guess what? You don’t get taxed on that. You can keep it in your business account until you need it to buy something for your business or to pay yourself later. You may not get taxed on that at all. What a great system, right?
If you don’t have your own business you probably aren’t taking many deductions. You probably are paying too much in taxes every year. As you decide to start your business you can work for your employer and work for yourself as well. There’s no law saying your business must be full-time immediately. You can, and should, have two income streams for a while until your business can fully support you.
Start moving forward as soon as you have a good idea for your business, one that you’ll put energy into fervently – daily, and one that has the potential to payoff. Incorporate your business as soon as you have a viable idea.
You’ll need to choose the type of incorporation that is best for your business. Here’s a hint, over 80% of new, 1-person businesses that incorporate are choosing the LLC – limited liability company as their business type. If not LLC, then look at S-Corporations. LLCs are great because of their ease of administration – which amounts to little compared to some other corporation types.
After you incorporate your new business you’ll need to get a TIN – tax identification number, which should be free. The IRS gives it away for free, but often services will charge you for the information. Use a service that gives it to you for free. You’ll need your TIN for opening a business checking account. There are strict rules about keeping your personal and business finances separate. You should do a bit of research with the IRS to find out what these rules are and follow them strictly. They are for your own protection ultimately if you are sued in a court of law and want to keep your personal assets from the long arm of the law.
Your Georgia business can buy what it needs through the business checking account without taxes in many cases. It pays to keep all your receipts and keep good track of any and all expenses related to your business. When you incorporate your business you’ll be able to enjoy protection from personal liability to some extent, as well as start deducting business expenses as you keep on working at your traditional job for your current employer.
Creating a corporation for your new business is a great idea and one that you should not skip for any reason. Incorporating your business need not be overly complicated or expensive. You should pay no more than $300 in Georgia for a simple limited liability company.






