So you’ve decided to open a business! That is fantastic. You can collect cash and collect credit card payments easily. But what about setting up a business bank account so customers can write checks to your business name? Today’s blog will focus on how to set-up a business bank account and what type of bank to use.
If you are starting your business, you will have to file a business name with the state. You can be a Coporation, LLC, and many other different entities. There are pros and cons to each type of a business entity you set up so if you are unsure of how you want to register, you should speak to a tax accountant and/or business lawyer. Once you register with the state, (You can do so at Www.SunBiz.org in FL), You will have to wait 24-48 hours for your application to be approved!
Now that you have your business name, you can go to www.IRS.Gov and get your EIN number. Your EIN number is similar to your Social Security number. The only difference is that your EIN number represents your business and your social security number represents you personally.
Finally, its time to go find a bank! I would HIGHLY RECOMMEND using a local bank as opposed to a big chain bank. Many of the big chain banks charge you to set up a business account and will penalize you each month if you do not maintain a certain balance in your account! A local bank will give you more personal attention and many of them offer FREE business accounts. Bring all of the information in the first two steps to the bank and meet with an account representative. Its a good idea to print it up directly from the site as opposed to writing it down freehand. The Bank should be able to have your account up and running fairly quick and even mail you your first checks FREE. (Another reason while its a good idea to use a Small local bank). I recently opened up a bank account at C1 Bank and have a positive experience every time I do a transaction. In Fact, C1 bank is currently running a promotion and will give you $25 to start an account and $5 per month for a year if you have one direct deposit going into your account per month! Plus, you can get a nice Starbucks coffee for FREE while you are in there too! Now that is some excellent incentive! If you are in Florida, I highly recommend checking out C1 Bank. If you re in a different area, Google small local banks in your area and find one which offers FREE business accounts and incentives that work for you! Thanks for reading
Here are a few tips on how to get in a groove, build momentum, and set your business on fire!
Wake up early and and take charge of your day! It sounds silly but don’t hit the snooze button and sleep another 5 minutes. Tell yourself that you are going to get up and start your day off strong! You will be surprised how your mind will be conditioned in a positive manner using this strategy.
Exercise first thing. In the mornings you have the most testosterone so you will get the best bang out of your workout. Plus, exercise will put your mind and body into a positive state which is critical to start a successful day.
Smile in the morning and throughout the day. Its contagious! You will be amazed at not only the state of mind you are in, but the state changes you will create in others around you.
Arrive at your place of business early. If you have employees, set an example. And there is no better way to do this than to show everyone you are willing to be the first one in the office everyday. That’s called leading by example and it works!
Access your goals list and tackle one right away! Research shows that your brain is best at solving difficult tasks first thing in the morning. Take on that challenge and motivate the people around you! If you are in a team atmosphere, get everyone involved in the task when they arrive. And remember to keep that smile when doing so!Try these 5 steps and watch the momentum GROW!
Today’s blog will focus on what content you should START with in filling out your business page. I capitalized START because you should be consistently adding content to your Google Business Listing Page. This is just a good place to begin and will zero in on the types of pictures you need to include on your Business Listing Page.
First you will need to create a good profile picture. This will show up in a highly visible spot on your Business Listing. Be sure to take a clear picture.
Next, upload your logo. You want to showcase your logo on your business profile and begin creating your online brand recognition from Day 1.
Load a background photo of your best work. A background photo will take up a good amount of space on your business listing. Showcase your work and make it stand out!
Display Interior pictures of your establishment. Take a few pictures with customers at your place of business. (Be sure to get his/her permission) Create a visual for potential customers as to what they will experience in your establishment. Three pictures is a good number to start out with.
Take three pictures of the exterior of your business. Take pictures from different angles of your place of business. Its also a good idea to take pictures during different times of day. Start with three pictures of your exterior.
Show your customers a variety of service and product pictures. If you have products, upload pictures of them. If you perform services, be sure to take pictures of the different types of jobs you perform. You can start with 5 pictures in this category. As you continue to expand your clientele and scope of work, be sure to update your picture gallery.
Finally, take pictures of your team. Together Everyone Achieves More, Team, the people that make your business run. Take casual pictures and create an atmosphere that potential customers can relate to. Three pictures would work well in this genre.
Now you are covered in the picture Category for your Google Business Listing! Be sure to check back tomorrow to learn more about what you need to add to your Google Business Listing Page!
What is urban micro farming? Urban Micro Farming is the growing, processing, and distribution of food or livestock within and around urban areas with the goal of creating an income stream. Urban Micro Farming has been growing in popularity and starting to catch on across the United States. With more people learning about the harmful side effects of glyphosate and the health risks of eating GMO’s, the Urban Micro Farming revolution provides a safe alternative to the health conscious, entrepreneur minded, and community oriented!
You may have also heard the term, “Farm to Table.” This is where a Urban Micro Farm provides an agriculture product and directly sells it to the consumer with no middle man! Surprisingly enough, many Micro Urban Farms started off in back yards as hobbies. Many men and women wanted to eat healthier, save money, and garden as a form of therapy. In fact, the CHTA states that, Horticultural therapy uses plants and the natural world to improve the social, spiritual, physical and emotional well-being of individuals who participate in it.” Slowly, what started off as a hobby for most people turned into profitable businesses!
And the best part, you don’t need a lot of money to start! A few containers, seeds, and water will do the trick for you amateurs. Get your hands dirty and become one with nature! You will be surprised how easy it is to grow your own delicious food! If you are already a landscape company, this is an excellent add-on to your business!
Starting a business can be expensive. There is a lot of up front cost which business owners recoup years down the road if ever. Even the first 2 years of business weeds out 80% of new entrepreneurs who don’t have the stomach to deal with the long hours and negative cash flow. Computers and software tends to be a HUGE expense for most companies. You can easily spend upward of $10,000 without blinking an eye. There is an alternative route where you can purchase your computer inexpensively and run all of your software for FREE! (And its not illegal) Today’s blog will focus on this alternative software to help keep your business expenses down will giving you the tools you need to achieve!
The majority of computers run off of Microsoft products. Windows has been the operating system factory installed on PC’s for decades. Licenses for windows are expense, software costs a fortune, and now many programs or moving towards costly monthly subscriptions. Mac computers are the 2nd most popular options in the US. OS X is a solid operating system with few viruses and bugs. However, these computers this operating system runs on can be expensive and there are glitches when trying to work cross platform with many PC’s. There is a 3rd option. And its called Linux.
The primary difference between Linux and many other popular contemporary operating systems is that the Linux kernel and other components are free and open-source software. Linux is not the only such operating system, although it is by far the most widely used. Larger countries such as China and India use Linux as the preferred operating system. In fact, traditional operating systems which are popular in the US are illegal in China due to backdoor security concerns. The fact that Linux is FREE and offers open-source software gives you the freedom to use just about any program that runs on a PC or Mac for FREE!(and that’s one of my favorite 4 letter words).
Here are a few examples of Popular software options which cost money and the Linux FREE counterpart:
Adobe Photoshop – Linux displays a multifunction software called GIMP
Most of the world runs on Linux because its open source, Free, and provides opportunity for all people on all income levels. And now Linux is even reaching out into the Smartphone and Tablet game! Ubuntu is one of the leaders in the Free Open Source game. If you are interested in looking further into this FREE technology for your personal use or business, check out the website here: http://www.ubuntu.com/ .