Starting a business

Register your business with your state

It is important to understand business structure. The goal is to ensure you are protected legally, financially & mentally. Audits are very real and can happen at any time. Angry and jealous people can turn you in to authorities at any time. Insurance discrepancies can occur randomly.

I offer several packages to help you get started on your business.

●Basic business & government rules course

●Value pack ( I'll set up a blog, basic social media presence for your business & more)

●Full virtual assistant services. Requires a consultation.

__________________________________

Registering your business with proper agencies is essential. A great example of this is the pandemic. There were so many people with small businesses who applied for assistance from the government. You very well may have a mobile salon business, but one question matters to government agencies before declaring your business fraudulent. “IS YOUR BUSINESS REGISTERED?”

Other questions may include

●If your staff is on payroll, are you making payroll contributions to the state?

●Do you have federal and state tax returns?

●Where do most of your operations take place?

Advertising & social media presence

I had a client recently tell me she found my business using Chat GPT. I was shocked. I learned during the pandemic when I had my salon that the algorithm on Google was sending me clients.

It should be noted that word of mouth is my #1 source of income. It's always been that way.

●Ask each client "How did you find me?”

●Post on as many social media platforms as you can. Put what you do in the description of the video or photo

●Post at least 3 times a month. I recommend Facebook & Tiktok

●Make a Linktr.ee. They have a great algorithm and it's free.

Find an accountant

Consult with a licensed accountant who can help you with understanding the necessary legalities you may otherwise miss. Tax law can change from year to year. It is a requirement for them to be up to date regarding those issues. My recommendations?

● Make sure they're licensed

●Read their reviews (starlight from the lowest up)

●Locate a licensed financial expert to guide you on fraud.(Ex. Pocket watching with JT)

Always remember that in America, IGNORANCE of the law does not exempt you from prosecution.

Keep impeccable records

This is important for client retention and protection from the legal system. Your entire business should have an extensive paper trail. Important conversations should be in email format. If you have an important phone conversation, write YOURSELF the details of that conversation in an email. It serves as a time and date stamp.

More examples of records include:

●Booking apps for appointments (Calendly,Setmore, etc)

●Accounting software for your books (Quicken, Quickbooks, Wave etc.)

●VOIP for your Google listing contact number (Text free, PAID Google voice, MagicJack etc)

4. Pick an industry

It is not easy to pick an industry to be self employed. Many that are highly publicized are also heavily saturated. Some examples are

●Instacart

●Doordash

●Spark

The grocery delivery industry is saturated but that does not mean you can't make a living as an independent contractor.

My advice is to

●find an industry that provides little competition.

●Provide services for a popular industry that makes you stand out more than your competitors .(Cosmetology, consulting, social media influencing, cooking, retail, etc)

●Be open to networking. Your circle should contain entrepreneurs (who do it FULL time). It's a different hustle when your livelihood solely depends on independent income.

●Listen to people who you KNOW are actually in the position you want to be in. Social media is misleading.

Manage stress

Stress causes a spike in cortisol. Being stressed out can have a direct impact on your business. It can cause you to forget important things. When you're a business owner, everything works in systems. You have systems for laundry, car repairs, household cleanliness etc. The same applies in business. Here are some ways I reduce stress

●Block people

I don't care if it's my phone, email or social media. If your presence brings about anxiety, that's a sign you need to be blocked. For those who can't be blocked, figure out ways to put up proper boundaries.

●Change your diet

Certain foods affect the way you function. Once I found myself so sick that it interfered with my income, I knew something had to change.

●Come up with policies

A great way to start your policy list is with a F.A.Q. page. This way you don't look crazy trying to implement rules for your business.

Don't forget, my podcast is dedicated to assisting people with their businesses.