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Is Viral Marketing the New Residual Income Strategy You Need? What's the upcoming way to get residual income? It's called Viral Marketing and it works just like a virus or a common cold. Catching A Virus Has Never Been So Profitable A new term is breaking into the home business networking world. It is Viral Marketing for Residual Income or Viral Residual Income for short. Forming a Corporation or LLC? Learn these 7 Criteria the Company You Choose Must Meet! Many people turn to companies, attorneys or CPAs to help them form a corporation or an LLC. Before you do, you should make sure you know what to look for in a company that is helping you. Here are 7 criteria to look for when choosing a company to set you up with your entity. Nevada Vs Wyoming, In Which State Should I Incorporate? Wyoming adds a few benefits to home state incorporation, including privacy, nominees, hiding (but that is not asset protection), lower fees... But ask yourself, does it make sense to save $100 in fees when you're protecting $1 million of assets? The bottom line is protection. If you choose to hide, saving that $100 may just put you out of business. What the VISA IPO Does Not Know about Business Credit Understanding how to properly develop business lines of credit is critical to any start up business owner's success! Unfortunately, most who start off as a sole proprietorship and finance their business with their personal credit cards potentially ruining their business lines of credit down the road when they realize it is time to incorporate their business! Two Great Myths Regarding Taxes After interviewing one of the foremost authorities on taxes, I decided to put an article together that exposes two great myths. This article is based off a transcript from an Interview I did with Sandy Botkin. Enjoy. One Million Dollars or $22,000? Tax Planning May Be the Difference Tax Planning isn't that important is it? It's just for the wealthy, right? WRONG! Three Scary Tax Secrets You Were Never Told About Well the day that every United States citizen seems to fear most is almost here. No, it isn't Halloween or the first day of school, it is Tax Day. April 15th could also be called the day everyone actually thinks about achieving a certain goal. The Top 3 Reasons to Focus on a Direct Selling Company Everyone has the right to live life on their own terms. Not too many people believe that being a "slave" to a '9 to 5' job is living the life of their dreams. Direct selling may be your way out of that rut. The IRS to Audit the Easter Bunny Take the steps to avoid your business being audited like the Easter Bunny, or other sole proprietorships. Incorporate your business from day one and keep the IRS off your back and protect your personal credit! Incorporated Your Business? Why Business Credit May be Key to Your Success! So, you have finally taken that plunge! You formed your corporation or LLC and are ready to set up shop. The next step can be daunting; how will you purchase assets, pay your utilities, pay salaries and establish cash flow? Where will the funds come from to get this all done? Secrets to How You Can Build Amazing Business Credit! Building business credit is a smart strategy for any business owner. Good business credit gives you favorable loans, better repayment options, and even protects you and your business in case of tragedy. Avoid Personal Guarantees in Your Business Name Banks like to play games with applicants, personal guarantees and your business. They'll tell you personal guarantees by you, ALL your business partners, and even spouses are required to process the loan. It's just part of their standard operating practice they say. It doesn't have to be this way How to Separate Your Personal and Business Credit Separating personal and business credit is a crucial step for your business and personal life. Yet, many business owners mix their personal and business credit together unaware of disaster waiting for them down the line. Secrets of Trade Credit vs Business Financing The number one reasons that business fail is due to lack of cash flow. As such, many business look into financing but which is the best for you?

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