http://master-of-my-fate.com The Self Employment Site Sun, 07 Jun 2009 19:23:31 +0000 http://backend.userland.com/rss092 en Hi All, Just wanted to let you know that I've managed to purchase a new, and what I consider, better domain name for this small business/start your own business blog and will be moving things over there over the next few weeks. I have not yet done a 301perminent redirect thingie ... http://master-of-my-fate.com/2008/06/moving-to-a-new-domain-address/ Here is an interesting, short video I found featuring several successful entrepreneurs offering advice on starting a successful business. Share This http://master-of-my-fate.com/2008/06/advice-to-someone-interested-in-starting-a-business/ After you have made the decision to purchase a business, much of your future success will depend on the actions you take before you ever complete the transaction. While purchasing an existing business has many advantages over starting a new business from the ground-up, those benefits are only advantageous when ... http://master-of-my-fate.com/2008/06/how-to-evaluate-a-business-for-possible-purchase/ The moment you become interested in purchasing a business, you need to become engaged in practicing due diligence. While many prospective business owners view the practice of due diligence as only conducting a financial review of an existing business that has caught their interest, true due diligence encompasses a much ... http://master-of-my-fate.com/2008/06/what-is-due-diligence-for-purchasing-a-business/ The idea of beginning a search to look for a business for sale may sound exciting, but in reality it can be much more difficult than you might imagine. While there are certainly plenty of businesses for sale on the market today, one quick look will reveal the fact that ... http://master-of-my-fate.com/2008/06/where-are-the-best-places-to-look-to-find-a-business-for-sale/ The prospect of owning and operating your own business can be a heady experience; however, the reality of becoming an entrepreneur quickly reveals numerous decisions that must be made before your dreams can become a reality. One of the first decisions you will need to make will be in regards ... http://master-of-my-fate.com/2008/06/should-you-buy-a-business-or-begin-a-new-one/ Part of a being an adult is adequately managing your finances and this is especially true for business owners. Unlike the federal government, individuals and businesses live on budgets and need to stick to them to avoid unpleasant situations like bankruptcy. A few basic rules to follow are: 1. Live below ... http://master-of-my-fate.com/2008/06/what-you-need-to-know-about-managing-your-finances/ Creating a financial statement for a small business isn’t difficult, but it does require accuracy and a flair for numbers. What is a financial statement? It is a document that accurately details all financial data of your business. This includes all income from all sources. Also all expenses, all assets ... http://master-of-my-fate.com/2008/06/how-you-create-a-financial-statement/ Every small business owner needs to have a basic understanding of taxes, both state and federal, as well as any local taxes that may apply. While everyone pays taxes, a small business owner has as a primary goal paying as few taxes as possible. For this reason small business owners ... http://master-of-my-fate.com/2008/06/what-you-need-to-know-about-taxes/ One of the best ways to evaluate a new business idea is to see if it has been done anywhere else in the world, and if so, was it done with success. There is an old saying that there is no such thing as a new idea, only recycled ideas ... http://master-of-my-fate.com/2008/06/the-best-ways-to-evaluate-a-business-idea/