Home Business Center Newsletter March 2010
"Your work is going to fill a large part of your life, and the only way to
be truly satisfied is to do what you believe is great work. And the only way to do great work is to
love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of
the heart, you'll know when you find it."
- Steve Jobs
- How to Get a Federal Tax ID Number
- 4 Free Invoicing Tools for Your Business
- How to Name Your Business: 5 Tips
- How to Register Your Business Name
- Free Business Plans & Start-Up Gifts
- Get a Free Business Listing on Google, Yahoo & Bing
- Home Business of the Month: Write a Children's Book in 14 Days
How to Get a Federal Tax ID
Number
You get a Federal Tax ID Number, or Employer ID Number (EIN), from the IRS. You can apply through their
website, by phone, fax or mail. For fastest service, apply online. It can take up to five weeks to get your EIN
if you apply by mail.
The EIN you receive is your permanent number and can be used for business tasks such as opening a business
bank account, applying for a business license or filing a tax return.
If you don't know if you need a Federal Tax ID Number for your business, answer these questions.
If you already have a Tax ID Number, but have misplaced it, you can call the Business and Specialty Tax Line
at (800) 829-4933 and have them look it up for you.
Apply for an EIN
4 Free Invoicing Tools for Your Business
1. Intuit offers a free online invoice tool called Billing Manager. It's an easy way to manage your invoicing online. Through their
website, you can create customized, professional invoices. You can also email them to clients and track
payment history right from the site.
2. Invoice Journal is also a web-based tool that you can access anywhere in the world.
Invoices are professional and even customizable with your business logo or design. Create unlimited invoices
for free
3. Billing Boss is a simple, fast invoice tool, also free. Take their 2-minute tour to see
how to use the program. They've kept it simple and haven't added lots of complicated features that you
probably wouldn't use anyway.
4. Simple Invoices is an open source program that you download to your server. The program
also lets you track past invoices and email invoices in PDF format to your clients.
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How to Name Your Business: 5 Tips
Having a good business can be a great tactic for
grabbing people's attention, getting them to remember you and bringing them in as clients.
You don't want a dull name, and it's a good idea to use a business name that somehow displays your company's
personality - but you don't want to go overboard, be silly and scare away clients.
Here are 5 tips for brainstorming good business names, free online name generator tools, domain name ideas
and more tips for making this task easier. Get the tips: How to Name a Business.
How to Register Your Business
Name
When you start a company, the legal name of your business is required on government forms, like your
applications for an employer tax ID, business licenses, permits, etc. You will also need a business name for
important business tasks such as opening a bank account, signing a business contract, etc.
If you are the sole owner of a business, by default, your personal name becomes the legal name of the
business. If your business is a partnership, the legal name of your business is name given in your partnership
(or the last names of the partners). If your business is an LLC or corporation, the legal name is that which
you registered with the state government.
Many sole proprietor businesses decide to register a fictitious business name, or DBA ("Doing Business As").
For example, if you want to name your grocery store "Apples and Oranges" instead of "Tom Smith", you would file
a fictitious business name.
Procedures, requirements and fees for filing a business name vary by state. And some states require that you
file at the state level, while others at the city or county level, while others don't require filing of a
fictitious business name at all. For this reason, you want to check with your local city or county clerk to see
what is required for your location.
The process of filing a fictitious business name generally.... continued
Free Business Plans and Start-up Gifts
Business-Planning-4-You is a business planning
company that takes business planning one step further.
They provide a business plan template for you (for 1/10th the price it would cost to get one written for
you), they give you a year of free web hosting for your business - and now they're giving away freebies!
Not to mention that fact that you can now get 2-for-1 pricing on business plans (free business
plan!).
So what are the freebies?
All sorts of stuff you need to start your business - and now you won't have to pay for:
- Business invoice template
- Purchase order spreadsheet
- Nearly 4 hours of business audio (MP3) sessions from experts
- 50 ways to improve your cash flow [report]
- How to apply for an SBA loan, find grants and prepare a business loan request
- Choosing a business name and buying a domain name for cheap
- Instant tips for start-up businesses [interview of 17 experts]
I'll stop there - there's over 100 freebies included...
Get a Free Business Listing on Google, Yahoo & Bing
Besides submitting your website to the big search engines, you can now easily submit a "Local" listing for
your business, including address, phone number and information about your company.
Prospective customers now have another means of finding your business, but in addition, people can find you
who weren't even looking for you to begin with. Let me explain...
For example, with a Google local listing, you get your business location marked on Google maps. This appears
when someone views the map area where your business is located - even if they are looking for another nearby
business.
You can submit for free here:
Google Local Listing
Yahoo Local Listing
Bing Local Listing
Best of the Web Local Listing
Home Business of the
Month:
Write a Children's Book in 14 Days
You may have a great talent for writing entertaining stories for children - but how do you get your creation
into print and your works published and into the hands of children? If you don't know where to start, don't
worry - the booking writing and publishing business may be easier than you think. How to Write a Children's
Book in 14 Days
Children's Book Author Mel McIntyre has been a professional writer for past 20 years - and knows how
to write, publish and sell books on Amazon (and more) because he's done it. Now he's got a course that shows
you how to do the same - how to complete books in record time AND get a publishing deal.
* Designed for new authors.
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