A. Word & Company
  • Home
  • About Aleasa Word
    • Speaking
    • #SUNNYTHURSDAYS
  • Programs | Resources
    • Coaching Vs Consulting
    • A. Word & Company Detailed Offerings
    • From Diagnosis to Living Again -Specialty
    • Chapter II for Men
    • Resources
  • Books & More
  • Testimonials | Media
    • Media
  • Contact | Booking
    • Booking
  • BLOG POSTS
  • EQLifeLab

The Wordallogic Blog™

Rebrand Your Mind™
​
Picture
Picture

Starting Your Small Business Right

1/8/2019

0 Comments

 
Picture

by Aleasa Word                    Copyright 2019

​It seems in today's economy more people are beginning a small business on the side. Some are fine with the side hustle while others hope to turn their side dreams into main stage realities. Regardless of what your end game is for your small business, one thing for sure is that you must START THE BUSINESS! 

Are you stuck on how to start your business? Have you started and seem unsure what to do next? Here are a few quick things to consider if you haven't already. 
  • Decide on how you want to incorporate. Research so you understand the difference between business entity types. Many start out with an LLC but that may not be the right type for you. Consider your own tax situation when deciding on which type to choose.
  • Research your potential business name to ensure you won't get lost in the sauce as they say. Some names are already used so much no one will stand out. You 'll want to consider website addresses for your company as you seek out just the right name and also if there are entities in your state or on a national level with the same name. 
  • Don't play with the IRS! When you get your business filed with your state make sure you deal with your tax ID number so you don't end up in any trouble with the IRS. You don't need that headache. 
  • Think about your logo as you will need to consider how to brand your business. One of the first things people will look for is a quick symbol of who you are. Look at soda brands. We don't even have to read names on the cans, we just know. 
  • Money, money, money!   Once your have your tax-id number you will need to start a bank account so that you keep the funds from your business separate from your personal funds. Co-mingling only creates nightmares at tax time and could cause major problems.  Be careful who you allow as a signer for your account as well. People sometimes change when there is money involved. 
  • Get your people in place. Select a CPA and an attorney to have on standby for your needs
  • The SBA is your friend!  You can check out the Small Business Association for additional tips and even get templates for things you'll need like your BUSINESS PLAN which is super important to create as a step in the new business set up. 
  • Income flows. Once you get your business plan in placec start thinking of how you will get the income in and where you will set up. Will you have a home office or a separate place of business? Know the laws in your municipality. 
There are a great deal of things to consider when you are setting up your business and having a small business coach/consultant is a great help. Don't be afraid to let us know if we can help! 
​ Email hello@awordandcompany.com 

Photo: Pixabay Rawpixel

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    RSS Feed

    Picture
    The links on this and subsequent pages on this site contain affiliate links and I will receive a small commission if you make a purchase after clicking on my link.
    mz_words_media_kit.pdf
    File Size: 1362 kb
    File Type: pdf
    Download File

    Picture
    Picture
    Click to set custom HTML

    Categories

    All
    Aleasa Word
    Allergy Words Consulting
    Apologize
    Arguments'
    Black Life Coach
    Boys To Men
    Chapter Ii For Men
    Chapter Ii Living
    Conflict Resolution
    Dating
    Decision Making
    Fear
    Forgiveness
    Fresh Start
    Get Right For Love
    Jessie Williams
    Lbgt
    Love
    Men Emotion
    Men Relationships
    Mz. Word
    Online Dating
    Racism
    Raising Boys
    Relationships
    Sexism
    Starting Over
    Strength
    Wordallogic

    Disclaimer

    *Commentary is not intended to replace professional legal or medical advice and are merely opinions.  All articles are under protected property and personal opinions only.  Direct links the blog with all copyrights and information as to rights in tact are allowed.  To republish, please contact the administrator.  All violators will be subject to legal action and prosecuted to the fullest extent of the law.

    Archives

    July 2020
    April 2020
    March 2020
    January 2020
    November 2019
    September 2019
    July 2019
    February 2019
    January 2019
    December 2018
    November 2018
    September 2018
    March 2018
    December 2017
    November 2017
    October 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    November 2016
    October 2016
    August 2016
    July 2016
    June 2016
    March 2016
    January 2016
    December 2015
    November 2015
    September 2015
    July 2015
    June 2015
    May 2015
    March 2015
    February 2015
    January 2015
    December 2014
    September 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    November 2013
    October 2013
    September 2013

Picture
Picture
Picture
Protected by Copyscape
     Email: HELLO@AWORDANDCOMPANY.COM    
           GA (678)883-8243  DE (302)514-8243
  • Home
  • About Aleasa Word
    • Speaking
    • #SUNNYTHURSDAYS
  • Programs | Resources
    • Coaching Vs Consulting
    • A. Word & Company Detailed Offerings
    • From Diagnosis to Living Again -Specialty
    • Chapter II for Men
    • Resources
  • Books & More
  • Testimonials | Media
    • Media
  • Contact | Booking
    • Booking
  • BLOG POSTS
  • EQLifeLab