Hello and welcome back to Make more, do more weekly tip #93. This week we are covering our series of tips on “10 Tips for Start Ups” *and tip #9 is…
Bills & Taxes
Once you’re up and running, things are going good and now it’s time to pay up! Bills and IRS tax payments are due…what to do? Well you pay them, and if you’re smart, make sure to pay them either early or on time. To make this process easier for you every time a payment is due, be sure to make use of these common tips by keeping records, understanding your deductions, and avoiding misclassification of workers. Although it sounds like a lot, it’s so worth it!
Why Should You Pay on Time?
Unless you want to see a sorry we’re closed sign forever more on your door then it just makes sense to. If you don’t pay on time or at all, your credit will definitely be affected. Many other things can go wrong, which will lead to more devastating results such as having to close the business. So, it just make sense to avoid the interruption of growth within your business by paying your bills and taxes on time and saving yourself money and *your good name.
Thank you for stopping back by for Make more, do more weekly tips! Please keep your questions coming in. I look forward to answering them. To learn more about how Rhonda’s Virtual Office can assist you with your virtual assistant needs, please visit our website at http://RhondasVirtualOffice.com and click on the contact page to get in touch today. See you next week for Make more, do more weekly tip #94.
Other articles you might find interesting:
Other articles in this series:
10 Tips for Startups
MMDM #85 → #1 Managing your Startup Costs and Generating Cash Flow
MMDM #86 → #2 Build your Business Budget
MMDM #87 → #3 Protecting your Assets
MMDM #88 → #4 What is ROI?
MMDM #89 → #5 The Business Plan
MMDM #90 → #6 Gaining the Competitive Edge
MMDM #91 → #7 Contracts, Contracts, Contracts
MMDM #92 → #8 Employees vs. Independent Contractors