This blog was created to accomplish one thing: To help those seeking to start or grow a lifestyle business along their journey. As an accountant, my focus is on showing you how you can use your finances to work for you rather than against you. Yes you guessed it right, I am a numbers nerd.
There are 5 levels of entrepreneurship I teach labeled levels 1-5. Click here to find more
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10 Steps to Starting your Lifestyle Business
A lifestyle business is one in which you create the lifestyle you want first and a business that helps support that lifestyle. One of the reactions I find when I go out to speak to working people about this growing business trend is "that seems nice but it is simply unrealistic in my situation". I am here to tell you that is simply not true. You can have both a
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Does my Lifestyle Business have any Market Value?
I am sure as a lifestyle entrepreneur, the thought of selling your business someday has occurred to you at least once. Especially, since we often here of startups that go public and then sell their stock for millions after only four years of owning it. Although the lifestyle business does not have a ready market like the stock market, there are many way a lifestyle business can still be sold.
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Education Credits
If you have a student you claim as a dependent currently attending college, I have some great news for you. There are two education tax credits available for higher education namely:
The American Opportunity Tax credit
Lifetime Learning Credit
The cool things about credits is that they directly reduce the amount of tax you owe. However, if you are eligible for both you can only take one. You cannot claim
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Shut Up World – Here I Come !!!
Warning: This is not for the superficial or shallow
On a very hot summer afternoon, I came charging into the world: Crying at the top of my lungs. It was as if I was telling the world shut up - here I come!!! As a baby, I was fed, cleaned, slept and all my needs were taken care off. My slate was handed to my parents who wrote my script
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