Prosperity and ProfitsProsperity & Profits is the private, Members Only website dedicated to helping you make money in your own business. Our mission is to provide you with the tools, information, and expertise you need to start your own brick-and-mortar or online business today.Franchising Pros and Cons- March 24, 2005 Some folks offered helpful insights and suggestions on how to pick a franchise and a few things to watch out for, while other emails came from current franchise owners asking me to help them sell their operations to Anthony R.http://www.prosperityandprofits.com/members/readarticle.php?aid=57 Taxing eBay Part Deux- March 21, 2005 Several folks argued that just because their little eBay hobby generated a little cash, that didnt make it a full blown business. It seems they consider the income from their little hobby to be financial manna from Heaven and thereby not taxable by earthly tax collectors. Ive always been amused by folks who try to impress me with talk about their little side business but when the subject turns to taxes they suddenly refer to it as my little hobby.http://www.prosperityandprofits.com/members/readarticle.php?aid=118 Taxing Your eBay Profits- March 21, 2005 As a small business person-slash-advice columnist I dread the first quarter of the new year. Not because in my mind my own business fortunes start at zero again every January or because I have already dismissed every New Years resolution I made when the clock rang out the New Year. No, the reason I dread the first quarter of the new year is that my email box floods with questions about business taxes and the IRS, my two least favorite subjects on earth. Its not that I am opposed to paying my.http://www.prosperityandprofits.com/members/readarticle.php?aid=117 Do You Have What It Takes To Be An Entrepreneur- March 21, 2005 There are a variety of skills you'll need to succeed as an entrepreneur and chances are do not possess them all. One of the great things about being an entrepreneur is that if you lack certain skills you can always hire people with those skills to help round out your company skill set.http://www.prosperityandprofits.com/members/readarticle.php?aid=56 How To Create Multiple Streams of Online Income- March 21, 2005 One of my favorite things about being an Internet Entrepreneur is that I can literally wake up in the morning with an idea for a new product and have it become a reality by the afternoon. Or I can find new ways to promote an existing product. Or I can join a new affiliate program or pursue a joint venture. Every time I repeat this process I create a new stream of income to add to my existing revenue base.http://www.prosperityandprofits.com/members/readarticle.php?aid=42 The Secrets Of Starting A Successful Ebay Business- March 21, 2005 If Fred Sanford were alive today, Alex, I'm sure he'd be earning his ripple money by selling quality junk on eBay. While it's also true that one man's junk is another man's treasure (I have a garage full of treasure to prove this point), your chances of building a profitable business selling "junk" on eBay (or anywhere else, for that matter) are slim to none.http://www.prosperityandprofits.com/members/readarticle.php?aid=16 How To Handle Customer Billing Snafus- March 16, 2005 Seriously, whether the client owes you the money or not is a moot point. Yes, you made an accounting mistake, but if the client agreed to pay you a certain amount each month in exchange for certain services rendered, and you have been under-billing that client for delivering those certain services, the client owes you the money, period.http://www.prosperityandprofits.com/members/readarticle.php?aid=5 Entrepreneurs Just Get Better With Age- March 8, 2005 According to recent studies 22 percent of men and 14 percent of women over 65 are self-employed. That's compared to just 7 percent for other age groups. According to a Vanderbilt University study the number of entrepreneurs age 45 to 64 will grow by 15 million by 2006.http://www.prosperityandprofits.com/members/readarticle.php?aid=4 When It Comes To An Office Lease, It's ALL Fine Print- March 8, 2005 One of the biggest mistakes many entrepreneurs make when leasing commercial space is not reading the lease. Forget reading the fine print. When it comes to a lease its ALL fine print. Don't believe me Let me tell you the true story of my friend, Homer, whose name I have changed to protect the ignorant.http://www.prosperityandprofits.com/members/readarticle.php?aid=23 What's The Customer Service Buzz About Your Business- March 8, 2005 If you're a regular reader of this column you know that my number one pet peeve is bad customer service. Nothing chaps my backside more than paying hard-earned money for a product or service only to have the provider of said product or service become apathetic, obnoxious or just downright rude after the transactional smoke has cleared.http://www.prosperityandprofits.com/members/readarticle.php?aid=13 |