Start Your Powerful Business Today – 9 Basic Steps
Start Your Powerful Business Today With These 9 Basic Steps (Plus Bonus Instructions On How To Start A Profitable Blog)
Start your business today with these basic steps. Small Businesses are the foundation to America’s economy. We live in a world where jobs are scarce, and the skill level required for getting a high paying job is higher than it’s ever been in US history. The price of living is sky rocketing in the big cities, but the wages for your average job are not matching the price of living.
Right now is the best time to start a small business in “America”. “Magnate Lifestyle”
The reality is you’ve been thinking about starting a powerful business for a while now. So, stop procrastinating and start your business today. It’s no secret that many people accumulated mass wealth through business ownership. Also, the Internet is booming, and there are plenty of low-cost commercial spaces available for lease since the 2008 crash.
These days you can offer products and/or services via the “Internet” and even work from home. You can start your business full time, or part time while you work a 9-5. But before you can run a profitable business, you will need to follow these powerful basic steps to get started “Today”. We did all the necessary research for you to start your profitable business “Today”!
Disclosure: Some of these links listed on this site are affiliate links from our sponsors and partners. We may receive a small compensation for the recommendation.
Step 1 – You must decide on what type of business you want to start:
There are plenty of businesses you can choose from such as selling cars, designing clothes, selling insurance, and selling auto parts. Also, you can start a construction business, landscaping business, pool cleaning business, dry cleaning service, car wash/detail service, and much more.
If you don’t want to start a brick and mortar business at this time. You can start a profitable online blog business, or start an online e-commerce business selling products/services via the internet. The best way to decide on what type of business to start is to find a solution to people’s problem and align it with your personality. Thus, When you love what you do, you’ll find ways to monetize it.
You Can Become A Lyft Driver:
Some drivers make more than $800 just driving Friday nights and weekends.
Partnering up to drive with Lyft as an independent contractor means that you’re self-employed. As far as the Lyft is concerned, you’re the owner of a separate business. When you’re an independent contractor, you won’t get a W-2 form from Lyft as a driver, but you likely will receive one or more 1099 forms. They may even pay your corporation under your EIN Number. These days Lyft has a rental car program that will help you get started even if you don’t have a vehicle at this time.
Since you’re an independent business owner, just about any money you spend on your gig as a Lyft driver will be a tax-deductible business expense. The first thing that probably comes to mind is your car. There are two ways to take a deduction for the business use of your car:
- Deduct the actual expenses of operating the vehicle for business, including gas, oil, repairs, insurance, maintenance and depreciation or lease payments.
- Take the standard IRS mileage deduction. As of 2016, the rate is 54 cents per mile driven for business use.
There are lot’s of businesses out there that you can choose to start. Once you decide on what type of business you’re going to start, you will need to…
Step 2) Decide on your “Business Formation” set up:
The business structure you choose will have legal and tax implications. Learn about the different types of business structures and find the one best suited for your business. Below are the different types of business structures you can choose from:
Sole Proprietor: A sole proprietorship is the most basic type of business to set up. You alone own the company and are responsible for its assets and liabilities. Not recommended if you want to protect your business and personal assets.
L.L.C(Limited Liability Company): An LLC is designed to provide the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership. Recommended for “Small Businesses”.
Incorporation(C-Corp): A corporation is more complex and generally suggested for larger, established companies with multiple employees.
General Partnership: There are several different types of partnerships, which depend on the nature of the arrangement and partner responsibility for the business.
The business structure you choose depends on what type of business you’re starting, and how large you want your business to grow. Most people incorporate their businesses to protect “Personal Assets”.
Apply for your EIN:
An Employer Identification Number “EIN” is also known as a “Federal Tax Identification Number”, and is used to identify a business entity. An EIN is your business “Social Security” number. You can even buld corporate credit with this number.
You will need to get an EIN, if you plan to hire employees or plan to form a partnership, LLC, or corporation.
Your business formation set up will cost you a small fee, but at the end of the day, its well worth it. This is a very important step when starting your business. Click on this link to Incorporate for the Exclusive: New Corporation or LLC.
Once you decided on your business formation, then follow these next basic steps below…
Step 3) You will need to obtain adequate funding for your business:
Starting a small business doesn’t have to require a lot of money, but it will involve some initial investment.
You can use your own money to start a business, or you can get funding from commercial business funding companies, personal loan, angel investors, credit cards, banks, credit unions, family, friends and much more…
When a small business requests a loan, one of the first things a lender looks at is your personal and business credit history. So, before you even start the process of preparing a loan request, you will want to make sure you check your personal credit score to verify that your credit is good, and up to date. You can find out your credit score by running a personal credit check.
If you have average to bad credit, then you should contact Lexington Law – Trusted Attorneys immediately so they can help remove unwanted credit problems, and help bring your credit score up. Lexington Law are trusted attorneys that specializes in credit repair.
Business Funding Basic Steps:
Now, don’t get discouraged about funding your business, you can always use your own money to start your business. There are lot’s of low-cost businesses you can start(Especially Online) today. But the goal is to at least get started today, and set up a strong business foundation with these powerful basic steps. Next you must…
Step 4) Decide on your business name, and create a powerful business “Logo”:
You must make sure your business name stands out, and is associated with your products or services. It will be beneficial to make sure nobody else is using your business name already. Choosing the wrong business name can affect potential growth and profit.
You can go to The Logo Company to design your logo for your business. You can also create your business cards and marketing products with The Logo Company below…Next you will have to follow these next basic steps below……
Step 5) Decide if your going to work from home, or lease a commercial space:
Many people these days start their businesses from home to cut cost, and for convenience. But if you’re selling products and/or services that relies mostly on walk in traffic. Then you might want to think about leasing a commercial space.
You can talk to your local real estate agent/broker, google commercial space websites, and/or drive around your city to look for empty available commercial spaces that’s up for lease.
The phone number to the owner, broker, or management company for the space is usually on the front door or window. For more information about commercial space you can check out Davinci Virtual Office Spaces.
Once you decided on your office space, then you must…
Step 6 – Set up your business phone/fax line:
You will want to get an 888, 877, 866, or 800 business phone number to look professional to your potential clients/customers. You can contact your local phone company, and set up a business line, or you can google business phone companies on the internet that offers business phone/fax services. But for your convenience VirtualPBX is a good place to start.
The good news is Virtual PBX Business Phone System can help you with setting up your business phone line and fax number. Next you will have to……
Step 7 – Obtain the necessary permits and licenses to operate your business:
This step will depend on the type of business you plan on launching. You can go to your local city finance department to obtain a business license and sellers permit or you can do it online by visiting corpnet.com. The licenses and permits you need from the state, county, or city will depend on your business activities and business location. Your business license fees will also vary.
Failure to obtain or renew the correct business licenses and permits can result in fines, notices, and forced closure of your business. Once you obtained the necessary permits and licenses, then you must follow these next basic steps…
Step 8 – Set up a business bank account:
You will need a business bank account to start doing business transactions. It will be best to go through the first 7 steps before opening a business bank account. You can go to your local bank, or credit union to set up a business bank account. You can open a business account using your business name and EIN number. It will be very important to only use that bank account for all business-related deposits, withdrawals, and transactions.
Most banks will need you to have your business paperwork set up first, an initial cash deposit, and proper identification to open a business account.
You can go to chase.com to open your business bank account. Once your business bank account is opened, then you must follow this last basic step…
Step 9 – Set up your domain name, choose a hosting service, and create your business website:
To me a website is one of the most important tools you will need to become a profitable trustworthy business. A business without a website is like car with no engine. When creating your website and setting up your domain name, you will need a solid reliable company that will host your website.
After you choose a company that will host your website. You can choose to build your website from scratch yourself, create a website with ready-made templates, or you can hire a professional web designer/developer to create your website for a fee.
Choosing the right domain name and hosting service will be very important to your business web presence. Your domain name should be simple, obvious, and as short as possible.
We highly recommend going with web hosting service to set up your domain name, and host your website. They’re one of the best hosting sites in the industry. They can also assist you with starting your website from scratch.
Create and send modern, professional powerful email newsletters to your audience with Aweber’s email marketing tools. When it’s time to set up a lead email campaign for your current or future business website go to: (Click On Pic Below)
Once these basic steps above are fully completed, then you will be ready to launch your business to the public. Come back to our website daily for more business tips, leadership advice, business mogul profiles, etc.
Bonus Material: “How To Start & Monetize Your Powerful Blog Today”
How To Start & Monetize Your Powerful Blog Today
Before starting a blog you must figure out your target audience, and then create content that caters to that audience. The more unique, innovative and creative your content is, the easier it will be to build a following. Blogging is a powerful tool to get your content out there and potentially make money while doing it.
We recommend that you should start a blog to share your special gifts to the world, not just to make money. “Magnate Lifestyle”
The reality is you may not make any money for the first 6 months to a year, but once you drive the necessary traffic to your site. You can start making lots of money by knowing your target audience. Remember content is always “King” when it comes to blogging. The more quality content you write the better your blog will rank in the search engines(Google, Bing, Yahoo). Which can eventually attract quality organic web traffic to your blog.
But for now in this article we will show you the basic steps to starting your powerful blog today. The good news is that it doesn’t cost much money to create a powerful “Blog”. Also you do not need to be a professional web developer to build one. Follow these steps thoroughly and you can have your blog up and running within a few hours. Here are the step by step instructions to start your powerful blog today:
Set Up Your Domain Name & Sign Up With A Reputable Hosting Partner.
When creating your domain name you must make sure its easy to spell. Try to make sure your domain name matches the name of your blog. Every blog must have a domain name to be recognized by the search engines, the world-wide web, and your potential readers.
Basically, a blog can’t exist without a domain name attached to it. It will be very important to choose a powerful domain name that matches with your niche content and target audience. Also, you will need to choose a hosting partner for your site. We highly recommend going with “Blue Host Web Hosting” service to set up your domain name, and host your website. They’re one of the best hosting sites in the industry, and will only cost around $3.95 per month to get started. They can also assist you with created your blog site by giving you easy to understand step by step instructions. Choosing a great hosting service is crucial to your blogs success.
Choose A Blogging Platform & Powerful Theme:
We recommend building your blog with the WordPress platform. WordPress is a free and open source blogging tool and a content-management system which runs on a web hosting service. The WordPress platform comes with thousands of templates and themes you can use to build your powerful blog. Unless you’re a professional web developer, we recommend using an existing blog “Theme” provided by WordPress.
WordPress offers free themes, and premium themes that you can purchase for a small fee. You can create your powerful blog within an existing theme. It’s a very simple process once you get started. Once you sign up with Blue Host Web Hosting they can help you get started with setting up your blog on the “WordPress Platform”. When your finished setting up your blog on the WordPress platform make sure you install this powerful plug-in first “JetPack“.
Set Up Your Blog As A Real Business:
You can choose to set up a personal blog, or a business blog. An example of a business blog is “Huffington Post“. We recommend you setting up a business blog for tax purposes, and protection of your assets. But for now you can set up a personal blog to get started today and you can set up your business later.
If you decide to set up a powerful business blog today. We recommend following these “9 basic business steps first”.
Set Up Your Blog’s Social Media Pages:
It will be very important to set up pages with Facebook, Twitter, Google Plus, Instagram, Tumblr, etc. Social Media will be your blog’s largest business partner and important traffic source. When you post content on your blog, you can share that content on these social media pages to drive organic traffic to your site. You will need to set up these pages under your blog’s name.
Therefore you must make sure all of your social media pages matches the name of your blog, and domain name. Matching your blog’s name with your social media pages will be very important to get ranked first in the search engines. It’s a very simple process to set up pages on these social media sites. Just go to each social media site and follow the instructions to set up your professional page.
Start Posting Powerful Content On Your Blog Site:
Once you choose a theme through WordPress, you can start creating content immediately. Writing powerful content is “King” when it comes to driving organic traffic to your blog. It will be good to create content for your readers at least once a week. Make sure you write content relating to your niche and target audience.
Writing powerful content on your blog will keep the readers interested, and will help rank your post on the search engines such as google, yahoo, etc. Your main goal as a blogger is to make sure your post shows up on the first and second pages of google, yahoo, etc. Organic traffic is very important when it comes to monetizing your blog and building a strong following.
When reading content people tend to pay attention to grammar, spelling and how the story is told. So a great product to start with to keep your content on top is grammarly.
Set Up Powerful Videos To Drive Traffic To Your Blog:
YouTube is a very powerful tool to drive organic traffic to your blog site. You can create videos about various topics relating to your target audience. All you need is a professional video camera or you can go to our Tech Products, & Accessories page and purchase an HD Pro Webcam for your computer.
Once you have all the tools you need, you can start recording videos to upload on the YouTube platform. You can also monetize your YouTube videos to make some extra money. For more information about monetizing your videos, sign up with YouTube today and start your channel for free.
Sign Up With Google Adsense To Start Monetizing Your Blog:
You can start monetizing your blog by signing up with “Google Adsense“. Google AdSense is one of many ways to make money from your blog site. All you do is copy their codes on your site to display Ads, and you will earn money every time someone clicks on those ads. AdSense is your revenue share from AdWords ads.
When someone clicks on the ads, you’ll earn roughly 67% of the click rate, and Google gets the rest. It’s very important to understand that Google AdSense is not a get-rich-quick scheme and it takes a lot of work to make money. When it comes to Google Adsense patience and hard work is “Key”. The more content you have, the better chance you have getting accepted into the program. Once you have around 15-25 pages/post on your site, go to “Google Adsense” to apply. It usually takes 3 or more days to get fully approved.
There are many other ways you can start monetizing your blog site such as being an affiliate marketer, selling banner ads, etc. Those steps will be included in future articles. When done right, your blog can potentially make you lots of money. But it will not happen overnight nor without hard work, passion, and dedication. And always remember quality content is “King”
When you finished setting up your blog, it will be best to use Aweber for your email campaigns to attract leads. You can create and send modern, professional powerful email newsletters to your audience with Aweber’s email marketing tools. When it’s time to set up a lead email campaign for your current or future blog site go to: (Click On Pic Below):
Once you start your powerful business today, you can purchase business office furniture, and office tech products for your business at www.flashyculture.com