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Home Business Basics
Since
each Country has its own Compliance Requirements for Business
Licensing, be sure to check the specifics with regard to your
obligations for the
locale in which you reside. Typically, those who reside elsewhere are
not subject to any "U.S. taxes" from the internet operations of their
online marketing businesses and This
Website explains that in more detail.
Filing
Your Business License
If
you reside in the USA, one of the first things you'll want to address
in
launching a new home business is
in
filing your DBA ("Doing Business As"). The DBA is your Business License
and it announces to the world that you are beginning a "For-Profit"
Commercial Business Enterprise. Obtaining a Federal Tax ID
(a.k.a. EIN Form) is an alternative option to filing your DBA,
but I believe that
securing both
lend added security for your home business
operations. To
complete online registration forms, the Federal Tax ID can serve to
take
the place of using your Social Security Number as a deterrent to
Identity Theft. Filing your DBA through your
local city hall establishes your business locally and within the state
in which you reside..
For Small Business Owners,
the "DBA" proves effective in satisfying a variety of
Entrepreneurial Endeavors managed by a
Sole
Proprietor. Operating beneath a DBA enables the Small Business Owner to
claim all of
the tax
deductions allowed by IRS Schedule C (you can obtain the Form and Instruction Booklet along with the
Social Security Addendum, {IRS
Schedule SE} online, or from your
local tax office or public
library in advance to note what is deductible and operate accordingly)
in conjunction with 1040
Long Forms for your annual filing on April
15th. This beats receiving multiple 1099s for affiliate earnings which
exceed $600 and from which you might very likely
incur problems with the IRS in attempting to
deduct associated business expenses from an unregistered business
operation. Should you need information
concerning filing a W9 Tax form for affiliate earnings
in the interim (prior to your DBA registration), you
can visit the IRS Website, or This Website to learn more about
Tax
Information for the Small Business Owner.
For
those who conduct their business operations under a DBA, it is
unlikely that you'll need to hire long-term employees, but if you
should ever need to do so, they are hired as "associates" and are
personally responsible for filing their own taxes
annually. By way
of business deductions, keep all receipts
for
supplies, equipment purchases, business dinners and lunches, telephone
and travel expenses,
including a record of gas purchased, mileage expended and the wear and
upkeep for
a vehicle used in day-to-day
business operations; since you will be operating from a home office,
one-third of
your electric, gas and home upkeep is also deductible. These
business deductions serve to diminish your
gross cash receipts to a net amount for entry on your 1040 long forms.
As a Small Business Owner, you are responsible for paying
your Social Security taxes and IRS Schedule SE mentioned in the
preceding paragraph should accompany your
federal
tax return. The
only remaining requirement to be in full compliance with the IRS Tax
Codes for Small Business Owners is a dedicated phone line. Many
online business owners use
Skype or the low-cost MagicJack Service to satisfy this requirement and
remain cost-effective. if you
can add a second numbered-line to your existing phone service at
affordable cost, that
is also an option. Obtaining a
P.O. Box is not necessary, but you will want to have business
cards printed soon after you get
everything setup; be sure to include your Gmail
Address, Business Phone, Domained Website, Blog Link with the
Name and Logo of your Business, then order your Business Cards from Viral
Print.
You might also choose to Join their 5-Level
Affiliate Income Program during the process.
To
file your DBA (Business License), visit your local City
Hall and inquire with the receptionist at the information desk, she
will direct you to the
appropriate department. On the registration form, your Surname with the
suffix "and Associates" will satisfy the compliance requirement for the
"name of your business" and will circumvent the need for a title or
name search. Initials can be used for more personalization, but are not
usually required. The reason for your
business filing, or its description, can be "Online Marketing of
Digital and
Related Product-Services, Publishing and Sales", or simply "Online
Affiliate Marketing, Publishing and Sales." The cost of registration is from
$25 to $50 in
most U.S. States and will require renewal at differing intervals. After you receive your
Business License (dated and time stamped), make 2 copies for
your files.
Opening
A Business Bank Acct
After
receiving your Business License, visit a local bank to open
your Business Bank Account which can be either Savings, or Checking,
with an ATM Debit/Credit Card and request Online Banking Access so
that you
will not be delayed in verifying your paymaster
accounts.
Creating
PayMaster Accounts
To create your Free Pay Processor
(a.k.a. PayMaster) Accounts,
you'll first want to establish
an Gmail
Account. It's recommended over email services because it's the standard most widely
used in the Home Business Sector.
You'll want to create Three (3) Pay Processor Accounts: one with PayPal
(Choose the Premier Acct
Option), another with Payza (Choose the Personal Pro Acct
Option) and the third with Solid Trust Pay (Select the Personal Account Option)
using their
Free to Create Services and have each one verified and linked to your New Business Bank
Account so that they are made ready to
receive and disburse funds. Your Pay Processor Accounts include the
ability to make deposits to your Business Bank Account as well as fund your Pay Processors from it.
During
creation of your Pay Processor Accounts, you should obtain an
Affiliate Referral Link from each one so that you can promote their
services; it is also recommend that you purchase the Security Key ($5) for your PayPal Premier
Acct to ensure that it remains safe from hackers.
You can click the PayPal "Products and Service Menu Tab" to do so. Read the
Terms and Conditions for each Pay
Processor to Learn More about their Referral Commissions.
FTC
Advertising Guidelines
In
creating text ads
and micro-blogging (advertising) using Twitter
and other networks (Digg,
Facebook, and others), be certain to Remain in Compliance
with FTC Guidelines. Also, on any
websites
you create, or pay someone else to
create, include a "Customer
Disclosure" like
the
one you saw at the bottom on the Home Page of this website
so
that your visitors are notified to always "Perform Due Diligence"
prior to
making a purchase from your website, or any other websites, in order to
Remain in Compliance with Consumer Protection Agencies and the
IRS.
Online
Marketing Tutorials
After
completing these basic preliminaries for business setup, Click the Income
Opportunities
Tab of this website to select a few Online
Marketing
Tutorials to begin your study and examine the Proven Affiliate Income
Opportunities provided.
Affiliate Income Programs
Selecting anl Affiliate
Product-Service which you'd like to promoting is
your
next task. Be certain to always to Always
Perform Due
Diligence in
researching any Affiliate Program inclusive of Reading their
Terms & Conditions,
FAQs(frequently
asked questions) and fully understanding their compensation plan. After
using several search engines to conduct further research, contact the
Company Admin during or directly after your Sign-up to establish an
initial rapport and to verify that the payment buttons shown on their
websites are indeed encrypted to prevent the loss of sales revenue.
Next, you can proceed with the Creation of your Google
Blog and Branded "Marketing
Arm Website"
from which to display and promote the
Affiliate Products and Services you've chosen. In creating both your
Blog and Business Website using one of the platforms shown in the next
paragraph, be certain to include a Translation Widget and Bookmarking Feature to enable Worldwide Visitors to easily access and share your content. For Google Blogs, you'll need This Translator Widget.
Having a Memorable
Domain Name (Website
URL-Link) with
Dependable Hosting affords you Autonomous Control and enables you to
Personally Brand your
Online Business and have it listed in Multiple Directories as well as
getting it
indexed by Major Search Engines from
which you'll achieve the greatest amount of targeted and responsive
traffic. For Custom Website Creation, I
would recommend
the SBI
3.0 Business Platform, or the Auto Build It Business Platform
from which to create your business website. The SBI
3.0 Business Platform comes with Domain and Hosting included
in addition to its many other notables, including training videos and live telephone
support to assist you with website creation and other
aspects concerning your business. To effectively use the H-I-T Business Platform,
you'll need to have at least a limited background in website
creation. Both the H-I-T Business Platform and Auto Build It Business Platform require that you choose a
Hosting Provider from which to purchase your Domain Name and Hosting,
and for that,
I recommend GDI
or HostGator and the Free FTP Service
provided by Filezilla to upload your pages (Filezilla Tutorial). If your budget temporarily
precludes the purchase of a
Domain Name and Hosting, you
can still Create
Your Business Website using the Free Services offered
by Webs or WebHost
and later upgrade when your business will support the cost. Both Auto Build It and Webs do provide training videos;
like many online providers, they have a "Help Forum"
which attempts to anticipate and answer most concerns, and usually,
support will respond within 48 hours after creating a support ticket.
For those who've never worked with HTML (Hyper Text Markup Language),
CSS (Cascading Style Sheets), or FTP (File Transfer Protocol), website
creation
can pose a few problems even when using pre-designed templates and a
WYSIWYG ("What You See Is What You Get")
Editor. To circumvent those issues, the Website Creation Training
Course
and Reference
Resource shown below will come in handy.
After creating your Blog and Business Website, you might consider Stiforp
Membership
which to ensure the successful launch and ongoing profitable operations of
your New Business. Their pro-tools, marketing training, and excellent
support can be the Ideal Compliment to any New Online Home Business.
ClickBank & JVZoo
Online Pros often promote products distributed through ClickBank
and JVZoo in tandem with chosen affiliate
programs for added income. The
product-offerings from both Clearing Houses are backed by a 60-Day Money
Back Guarantee which provides Value & Assurance to
your customers. To promote products distributed by ClickBank, Click: FREE
ClickBank
Affiliate.
Once you've completed the registration for ClickBank, I'd
recommend that you
use the CB Surge Statistical Software to make your product selections from the ClickBank
Library of Niche Products. Many of the products offered
through ClickBank pay up to 75% Sales Commissions and using
the CB
Surge Statistical Software
will enable you to choose the Best Sellers. Once you've made your
selection, Use the
Contact Feature provided on the Publisher's Website to
establish an initial rapport to be certain that the Publisher is indeed
Pro-Active to you and to your customers. ClickBank is well known for reliability
and
should you ever questions concerning your account, Contact ClickBank Customer Support to get the
answers.
JVZoo also carries a vast array of Dynamic
Products which are easily promoted via their Wordpress Plug-in or Ad
Widget. Commission Rates are between 50 and 70%
and JVZoo
also provides the 60-Day Money Back Guarantee to ensure Value and
Customer Satisfaction, but they transfer Commission Payments directly
to Member PayPal Premier Accounts at the end of the 60-Day Period instead
of sending checks via regular mail two weeks later. This aspect
accounts for JVZoo's Increasing Popularity among Online Pros. JVZoo is also well known for reliability
and Prompt Customer
Support. To
promote products distributed through JVZoo, Click: FREE
Affiliate Sign-up or the Banner shown.
About
This Website
Home
Biz Marketing
has been carefully designed to provide Value
for New Online
Business Owners and Seasoned Vets who may be
seeking to expand existing businesses. It was created using the H-I-T Business Platform and is powered by GDI
Hosting.
This
Website is Frequently Updated
to Provide
Ongoing Value
from its Contents which include: the Best Online Business Tutorials,
Two Dependable Hosting Services, Proven Income Affiliates, Savvy Online
Business
Tips, Income Systems, Responsive
Advertising Sources
and Pro Marketing Tools especially chosen for Low Cost Home Business
Setup, Expansion and Sustaining Profitable Operations.
In addition, both the HBM Online Galleria and Endless
Shoes and Accessories can
be accessed from this website where you'll find durable products at
discounted prices. Thank You
for any purchases and signups you make during your visit and it is my
Sincere Hope that this website (Home Biz Marketing) will continue
to enable many more to realize
their goals of establishing Profitable
Online Home Businesses.
Important Notice
Not long ago, new legislation indirectly affected affiliate
marketers promoting durable goods for certain companies operating
within specific states. While these
changes no longer pose any risk to affiliate and were solved by the
company, it is always smart to remain apprised of ongoing changes. To
those ends, you can regularly check the PMA (Performance Marketing Association)
website.
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