Produced Produced & Published & Published by Relentless byAaron Relentless
Aaron
ISSUE ONE VOLUME 1
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January 2009
Are You Starting a Business Late in Life? For most people, retirement means a life of relaxation, travel or pursuit of hobbies. But for others, it is a chance to realize a lifelong dream: to start up their own business. The business might be an extension of a hobby or a new enterprise based on your field of expertise. However, if you have harbored a desire to be an entrepreneur, don't go into the new business undertaking with your eyes closed. The rewards may be many, but so are the obstacles. Keeping that in mind, here are several suggestions for starting out:
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*Consider all the ramifications of starting a business. Common scenario: Panic overtakes you the first few weeks you are away from the job. It may take a while to settle into a comfortable routine. Explore any business possibilities carefully; do not leap at the first opportunity that comes along. *Make smart retirement plan decisions. This is a complex process that requires professional assistance. For instance, you may want to use part of the distribution from a company retirement plan as “seed money� for your new business. As the business grows, you might set up a retirement plan for yourself and any other employees. *Delegate payroll responsibilities. Many late-starting entrepreneurs do not want to be bothered with the hassle; not to mention the potential liabilities of handling a payroll, withholding taxes and filing tax forms. If you do not have expertise in this area, consider the use of a reputable professional or payroll service. (Continued on flipside)
QUICKBOOKS transactions, special transactions, tips & tricks, basic accounting, and BASIC how to send your QuickBooks File to TRAINING:
Start-up to Back-Up! This QuickBooks course is for beginners who want to learn how to use a business accounting system. QuickBooks is currently used by 85% of small businesses. In this class you will learn; how to get started, everyday
your Accountant. (A detailed agenda will be provided upon course enrollment) Upon course completion you will receive a certificate & complimentary copy of QuickBooks Quick Start
out of the shed and say "I will do it myself". The typical landscaper can charge $40 per cut, well at least mines does. Wow, I will save $80 per month and $960 per year. Next, I decided that instead of taking my pet to the groomers once a month I said, "I will do it myself". How hard can it be to wash my dog? First, I'll shave him, wash him, dry him, and I'll even brush his teeth. Heck, I will even paint his nails. Great, that will save me $50 per month, and $600 per year. Hey, I am on a roll! What else can I do myself to save money? Oh yeah, I can even wash my own car. (Continued on flipside)
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