Podcasts about dba doing business as

In this empowering episode, I sit down with the inspiring Olivia Shepherd, affectionately known as Lady O. As a life and relationship coach, Lady O is passionate about helping women expand their lives and businesses by doing the inner work to create real, lasting change. Whether you're seeking clarity in your relationships, looking to elevate your mindset, or ready to take bold steps in your business, this episode is packed with wisdom and actionable tips to help you step into your due season. Key Takeaways: • The Power of Patience: Why waiting on God's timing is essential to achieve success in your personal and professional life. • Doing the Work: Practical advice for breaking through emotional and mental barriers that hold you back. • Expanding Your Life & Business: Tips for embracing growth, navigating challenges, and stepping boldly into your next level. • Relationship Wisdom: Insights into building and sustaining meaningful, God-centered relationships. Connect with Lady O: Instagram: @oliviabshepherd Call to Action:  Ready to expand your life and business in 2025? Learn how DBA (Doing Business As) can help you align your vision with God's purpose. Email me today at hello@tuesdaywithtamika.com to start your journey. Connect & Share: Share this episode with 10 friends or family members who are ready to do the work and embrace their due season. Let's grow together and inspire others to step into their purpose! Tune in and discover how you can expand your life, elevate your relationships, and boldly claim your due season!

In this throwback episode, we revisit a powerful webinar from 2022 where I shared insights on healing and manifesting the life you've always dreamed of. If you've ever felt stuck or unsure of how to move forward, this episode is for you. Dive deep into the steps of emotional healing and learn how to align your mind, body, and spirit to attract abundance, love, and joy. Key Takeaways: Healing Journey: Understand the importance of healing past wounds and how this process is crucial for attracting the life you desire. Manifestation Techniques: Learn practical steps and spiritual practices that help you align with your dreams and turn them into reality. Creating a Vision: Discover how to create a clear vision for your future and take actionable steps toward achieving it. Call to Action: Ready to level up in 2025? Explore how DBA (Doing Business As) can help you align your vision with God's purpose. Email me at hello@tuesdaywithtamika.com to start your journey. Connect & Share:Don't forget to share this episode with 10 people who could benefit from these healing and manifestation insights. Let's spread the word and help each other live the life of our dreams!

On today's episode of the podcast I'm diving into my January 2023 profit report. In lieu of a December profit report,I did my 2022 year in review. If you missed that, check out my recap with Claire Pelletreau here. These profit reports help me keep on top of my numbers as I prep and review them in order to record the episode. To quickly recap 2022, my big goals for the year were to have income consistency and building Monthly Recurring Revenue. My income stayed in the same few thousand dollar window month- to-month then grew toward the end of the year. The MRR didn't grow as much as I had hoped it would during the year and I need to go back and review this month's because my January 2023 MRR was about $2,000 less than I had expected so either we had a lot more failed payments than I expected or my math was off. Expenses for 2022 were 42.5%, higher than my goal of 30-35% however a lot of this is due to the money spent of starting Drag Tax. This is why I invented the term WTF Happened to My Money Hamster Wheel because the more my income increased the more my spending in the business went up so my take home pay never really went up. This cycle continued in 2023 as I've been spending to launch a new project (more on that later). What used to be a cycle of spending on courses and education became a cycle of spending on new businesses. Big goals for 2023 Consistent $20,000 months is the big focus. At the end of last year we were hitting $15k pretty consistently. I would like to be close in Q2 and hitting it each and every month in Q3 and Q4, but hopefully in March after my new announcement. Get MRR to $20,000 by end of year. Monthly recurring revenue is different than payment plans. A payment plan is when someone will be paying you, let's say $1,000/month for five months instead of $5,000 upfront. MRR is like a subscription, think Netflix or your cell phone bible. Get expenses under 35%. I'm off to a bad start (blame this new project I'm working on) so I'll probably need some 80% profit months to make up the difference. This year I want to do a Profit & Loss breakdown. A P&L can be as detailed as you want so I have income in different sub-categories which are: Low ticket stuff Contract Club ($30) Tax Toolbox ($30) Bookkeeping Blueprint ($30) Legally Launched ($30) Profit Rx (this is really our MRR plus the 1-on-1 stuff) VIP - Our Primary Tier ($100/month) Content-only Tier ($30/month) Book Affiliate income Speaking fees Other - one-off products that are deep in the website, tucked away in funnels So let's break it down… January Income Total revenue: $12,500 (not including 1-on-1 income, that now gets separated. More on that in a minute) Low ticket revenue - $2,790 ($2,200 came from Contract Club, $30 from Legally Launched, $150 from Bookkeeping Blueprint, $360 from Tax Toolbox) MRR - $8,080 (about $6,000 from Profit Rx VIP) Book sales - $70 Affiliate income - $283 Speaking - $500 Other - $800 Expenses: Team $3,000, so almost 25%. Goal is 15%, but most of that was working with new PRx folks My own wages (I don't really count this, that's a different conversation). Monthly tools - $500. Gotta see if I can trim this some. Since growing my team and doing PRx onboarding I've been needing more accounts for my team like multiple Calendly users and Zoom accounts. Payouts to our affiliates - $300 (a lower month since we weren't promoting much) Total Expenses (not including owner salary): $5,400 Owner Profit: $7,000 BUT, I didn't really feel like I made money this month because *drum roll* my big exciting announcement I've been hinting at is that we are going to be reopening my law firm next month. I used to run a firm called Braden Drake Law but as I moved away from one-on-one work and into more education, I decided the law firm would go away. I've been thinking about restarting it for about a year and we've been doing some work leading up to it like launching Drag Tax and one-on-one bookkeeping and I've been thinking of going back to more one-on-one work. To launch the law firm, I've had about $6,000 in expenses so far: Brand Designer: $3,000 Trademark course (we'll be getting into trademarks and I plan to eventually hire an attorney to do this in the firm so I don't have to) : $2,500 Website (Squarespace, etc).: $500 I use the money from my Braden Drake LLC business to pay myself and then use my personal money to invest in the new business expenses. So my business had a good month, but my personal bank account not so much. I'll be talking about the lawfirm more in the coming weeks so stay tuned for that and for an announcement of my lawfirm virtual launch party. On the Drag Tax side of the business, this marketing channel is to speak to its own niche where we send folks both to the law firm and the education site. We've brought our first fabulous drag queen into Profit Rx and I had another promising call this week. Legally speaking I thought Drag Tax might be a DBA (Doing Business As) under the law firm, but what I realized is that a lot of the folks I talk to are a great fit for Profit Rx, it's just a matter of growing trust in online education within the industry. What we're moving towards is BradenDrake.com has my low ticket offers, Profit Rx, my book and my blog and the lawfirm will have one-one-one legal, tax and bookkeeping services. Drag Tax is a separate, industry-focused website that will drive people to BradenDrake.com or the law firm based on what they need. Goals/Projections for February BradenDrake.com Profit Rx MRR: $8,000 Low ticket stuff: $4,000 (including my $75 bundle) Will likely have some other stuff but not counting on it Law Firm: $1,200 in MRR from current clients including bookkeeping and projects I haven't started publicizing to everyone yet Tax Returns: $3,000 (If you're a Profit Rx member, stay tuned for this) Grand total: $16,200 between both businesses If you enjoyed this episode, please be sure to subscribe in your podcast player and tag me on Instagram @bradenadamdrake

Today’s episode of Law Chat with Girija is to hook you up with a solid legal foundation in your business in all necessary aspects.   Episode Introduction: Girija Patel shares the foundational knowledge of business planning, legal planning, and financial planning that you need to adopt when starting a business.   Episode Summary: Girija Patel walks us through the step-by-step process of starting a successful business. Right from brainstorming for business ideas to actually launching a business and covering all the bases, this episode is your ultimate guide to designing an intentional and successful business model.   How to Start a Successful Business: Step One: Brainstorm. Write down the various ideas that you have. Dump all your thoughts on a blank sheet of paper. Step Two: Integrate your brain dump into a business plan. Conduct market research and format a plan that accommodates your ideas. Step Three: Research and finalize a business name. Make sure that the name isn’t already being used by another business. Step Four: Choose what kind of entity your business is going to be based on the risk factor, liability exposure, and tax benefits.  Step Five: Sign up for EIN (Employer Identification Number) that is going to be needed for various purposes such as IRS and Federal Taxation. Step Six: Get a separate bank account for your business regardless of what business entity you identify as. This will help in keeping your personal and business financial statements separate. Step Seven: Get any licenses or permits that your business might need in order to comply with the legal structure of your local, state, and federal region. Step Eight: Get a bookkeeper or a CPA to keep all your finances sorted. You need to make this investment in your business from day one. Step Nine: If you’re certain about your business’ name and are committed to it, trademark it as soon as possible for added protection. Step Ten: Get a DBA (Doing Business As) or Assumed Name to let your state know that you are operating your business as the business name and not your own legal name.   Get the visual experience, watch the videocast for this episode: https://youtu.be/mGF0-NTnIvc   Connect With Girija:    Website: https://www.gbplaw.com/ Instagram: https://www.instagram.com/gbplaw/ Facebook: https://www.facebook.com/GBPLaw/   Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

I recently connected with Whitney Bonds of "Tried & True Mom Jobs" who helps moms venture out into the workforce to help their families. It's an awesome mission. Whitney or Max as she goes by, asked me to write up a concise blog for her on "How to Start Your Own Cleaning Business". She wanted to bring this content and example to her large blog audience of moms to show them the potential of cleaning as a mom job. Let's cover my answers to her questions in this podcast episode as I believe it's a great piece of content to cover early on. Make sure to go back to the Pros & Cons of Solo Cleaning as I covered some of these points already. What are the steps to setting up your own cleaning business? It’s important to first understand the various models available to you. There are many “Aunt Sallie” cleaners out there. They take great risk as do the homeowners hiring them as they are uninsured and not paying taxes. Do not do this! The risk is too great and the income is low. A solo cleaning company is insured, registered in their state, and pays all necessary taxes. They work as owner-operators. I did this for the majority of my New York business. The final model are the team cleaning independant and franchise businesses. In all cases, the simplest way to set up your cleaning business is to do the following:Register your sole proprietorship with your local county or state agency as a DBA “Doing Business As”. This costs between $20-$50.Register your DBA for a Federal EIN. This is free. Some may choose to set up as an S-Corp, LLC, or C-Corp for tax and liability protection. Unless you are building a big business model from the beginning, you don’t need to start here.Register your DBA your state sales tax office (if your state requires cleaning companies to remit. This is free.Purchase General Liability insurance for $2M per year aggregate from a reputable local broker. Your annual policy should run between $400-$800/year.Open a business account at your bank or credit union with you DBA.Get your basic supplies together. You can either bootstrap it with the cleaners and vacuum you already have or you purchase a cleaning system for between $500-$1,000.If you CANNOT do the cleaning yourself because of work commitments, you’ll need to hire employees or subcontractors. Start the process of identifying the ones you’d like to hire and get the proper insurances (Worker’s Comp, state disability, payroll & bookkeeping). I don’t recommend starting this way, unless you have to. I like the new cleaner to get their hands dirty, learn the business solo, get proficient & profitable, and then grow.Go Clean!!! It’s an awesome business! Start. Stop re-reading this over and over. Take action for your family!!!You can read the rest of this BLOG at Tried & True Mom Jobs. Check out our Solo Cleaning School Premium Membership if you'd like training, mentorship, and accountability as you begin your new solo cleaning business.

Voice Over Artist and Author Rodney Saulsberry discusses the advantages of obtaining a DBA (Doing Business As) name for your business. Topics include: Taxes, Liability, Banking, Contracts and more. The use of fictitious names are a common practice in business.

Con mucha pompiaera volvemos esta semana con el episodio 23 ;) En este episodio hablamos un poco sobre las legalidades de ser un artista independiente, la creación de un DBA(Doing Business As) o LLC(Limited Liability Company) y algunos tips muy buenos sobre los taxes. Esperamos les sea de su agrado y hasta la proxima! --- Support this podcast: https://anchor.fm/eradiomem/support

04:07 - At what point does it make sense to register as a corporation? Apart from liability, I assume. If you have profits to reinvest in the business? Types of Business Entities: Sole Proprietorship Limited Liability Company (LLC) S-Corporations “Piercing the Corporate Veil” Errors and Omissions Insurance Annual Minutes and Organizational Meetings 13:25 - Do you umbrella all your products, brands, DBAs, etc. under a main corp? DBA (Doing Business As) 18:32 - What was the comical, but legit contract you mentioned on a show recently? (Contracts) Contract Killer Sue => Fold 21:35 - Expensing Home Office for Tax Purposes Tax Deductions Tax Credits 31:12 - Errors and Omissions Insurance (Cont’d) 34:38 - Marketing to Launch Jeff Walker of The Product Launch Formula 41:26 - Contract Resolution 43:29 - If expensing a home office, do you pay for bills, utilities, etc. out of a personal or business account? 45:44 - Prototyping Tools 50:20 - Partnerships and Investments: “My friend has an idea!! ... I actually like this one!!” Even small-scale apps or services? Picks Just Fucking Ship by Amy Hoy (Eric) The Brain Audit: Why Customers Buy (and Why They Don't) by Sean D'Souza (Jonathan) The Silkworm (A Cormoran Strike Novel) by Robert Galbraith (Jonathan) The Positioning Manual for Technical Firms by Philip Morgan (Reuven) WASD CODE 87-Key Illuminated Mechanical Keyboard with White LED Backlighting - Cherry MX Clear (Chuck) Grifiti Fat Wrist Pad (Chuck) Ready Player One by Ernest Cline (Chuck) Mastery by Robert Greene (Chuck)   Join us for our next Live Q&A on Tuesday, May 26th 2015! Sign up and get The Ultimate Guide of Marketing Tools for Freelancers here.  

04:07 - At what point does it make sense to register as a corporation? Apart from liability, I assume. If you have profits to reinvest in the business? Types of Business Entities: Sole Proprietorship Limited Liability Company (LLC) S-Corporations “Piercing the Corporate Veil” Errors and Omissions Insurance Annual Minutes and Organizational Meetings 13:25 - Do you umbrella all your products, brands, DBAs, etc. under a main corp? DBA (Doing Business As) 18:32 - What was the comical, but legit contract you mentioned on a show recently? (Contracts) Contract Killer Sue => Fold 21:35 - Expensing Home Office for Tax Purposes Tax Deductions Tax Credits 31:12 - Errors and Omissions Insurance (Cont’d) 34:38 - Marketing to Launch Jeff Walker of The Product Launch Formula 41:26 - Contract Resolution 43:29 - If expensing a home office, do you pay for bills, utilities, etc. out of a personal or business account? 45:44 - Prototyping Tools 50:20 - Partnerships and Investments: “My friend has an idea!! ... I actually like this one!!” Even small-scale apps or services? Picks Just Fucking Ship by Amy Hoy (Eric) The Brain Audit: Why Customers Buy (and Why They Don't) by Sean D'Souza (Jonathan) The Silkworm (A Cormoran Strike Novel) by Robert Galbraith (Jonathan) The Positioning Manual for Technical Firms by Philip Morgan (Reuven) WASD CODE 87-Key Illuminated Mechanical Keyboard with White LED Backlighting - Cherry MX Clear (Chuck) Grifiti Fat Wrist Pad (Chuck) Ready Player One by Ernest Cline (Chuck) Mastery by Robert Greene (Chuck)   Join us for our next Live Q&A on Tuesday, May 26th 2015! Sign up and get The Ultimate Guide of Marketing Tools for Freelancers here.  

Go to your county court house and register the business in your name. It will look like this.Mary Jane, DBA, Discount Fashions. DBA= Doing Business As. Doing this is no different than the way you are operating at present, regarding income taxes.All profits are considered personal income. You will purchase a license, renewable each year and you may obtain a SalesTax certificate. Any sales tax collected will be sent to the state to which you ship merchandise, if that state requires tax on internet purchases. You can see that you'll have to know the tax rate for any state that requires this. With a sales tax certificate, you can purchase wholesale without paying sales tax.OR, you may choose to pay sales tax at the wholesale level, and have no tax to pay to states, with no tax certificate. You may already be doing this. It is legal to do this and add, charge sales tax on your retail price, if in your own state. Most states do not require tax on out of state shipments. (This all depends on how you are operating) Laws on internet sales may change at any time, so you need to keep informed. You will have to keep records and submit operating statements in order to substantiate your earnings for income tax purposes.Open a bank account in the business name, (CRS Radio). Pay all purchases, expenses and any draws that you take from that account.Don't intermingle personal money with the business.