When Is The Best Time To Incorporate Your Small Business?

If you’re a sole proprietor, perhaps you’ve considered incorporating your small business or self-employment activity.

And so maybe you’ve been wondering, “When is the best time to incorporate?”

From a legal standpoint, any time is the best time. The sooner you incorporate, the sooner you make the move from the world of unlimited liability to the world of limited liability.

From a tax savings standpoint, any time is the best time. The sooner you incorporate, the sooner you will start putting more money in your own pocket and less in Uncle Sam’s.

But from a **tax reporting** standpoint, there is one time of year that stands out as best: January 1st.

Why is that?

Assuming you have a sole proprietorship (or other entity, such as a partnership) that is up and running as of January 1, and assuming you then incorporate that existing entity on any date other than January 1, you face the possibility of filing not one but two business income tax returns for that year.

Here’s an example to clarify this important point . . .

Let’s say you’ve been operating your sole proprietorship for a few years, and in early 2006 you decide to incorporate. In January you get around to starting the paperwork, but life gets in the way and you finally get it done in late February. By the time your state processes the Articles of Incorporation, the start date of your new corporation is March 1.

For 2006, you must file a Schedule C for the period of January 1 through February 28, when your business was still a Sole Proprietorship. And you must also file a corporate income tax return for March 1 through December 31.

Maybe that’s no big deal. Maybe you enjoy filing one business income tax return so much, filing a second one doesn’t bother you. And it may be that the inconvenience of filing two tax returns in 2006 is far outweighed by the legal and tax advantages of incorporating.

Keep in mind, too, that 2006 will be the only year you have to do this “double duty”. In 2007 you will only have to file the corporate income tax return.

But if you are thinking about incorporating, the best time to do it, from a tax paperwork standpoint, is as of January 1. Only then do you have a “clean break” from the old sole proprietorship to the new corporation.

This timing issue can also be relevant if you decide to make the switch late in the year. If the effective date of the incorporation is November 15, you will have to file a Schedule C for January 1 through November 14, and a corporate return for November 15 through December 31. In that scenario, you should ask yourself, “Do the benefits of incorporating outweigh the convenience of waiting until January 1?”

So before you decide when to incorporate, take a moment to reflect on the tax reporting consequences of incorporating on January 1 vs. any other date.

Sometimes it may make sense to wait a few weeks (as in the second example), and sometimes it makes sense to “do it now”, especially when January 1 is nearby.

The Difference Between Blog and Email Marketing

Blog and email marketing are two totally different things. They are two complete different ways to market something, whether it is a product, or a service. You are going to find that just because someone may use email marketing to make an income, does not mean that they always use blog marketing as well.

Blog marketing is when you use a blog to promote a service or a product. You can market the product or service so that it appeals to others, and is something that they might want or need. By using a blog you can get the word out about the product that you are using and let others know all about it. There are several ways to do this. It can be done as simple or as complicated as you want. For example, you can market your blog by exchanging links with other blogs that are relevant to yours. You can also leave comments on other blogs that will in return get you more visitors and readers to your own blog. Don’t forget to update your blog as often as possible as well. As that will make a huge impact on your blog.

Email marketing is when someone uses an email to get the word out about a product or s service. You simply would have your visitors to sign up for newsletters, and then send an email out to all of them that did so. However, you will also find that email marketing is great for many other things than just getting the word out. You can put affiliate links in your newsletters and hope that your readers will sign up under you and you will get a commission for those things.

Marketing in every way is pretty much the same. You have to know who your audience is and who wants what you are selling. Once you know this, the rest of it is cake. Whether you are email marketing, affiliate marketing, or email marketing. Even if you are into marketing offline, the same will apply. You will need to know who wants what you have to sell and you should have no problems selling it.

Blog and email marketing are alike in many ways, but yet also very different. When you are using a blog for marketing, you are going to see that you have to post what you are selling on the blog. But for email marketing, you can use an email to those interested parties. When you use a website to have people opt in to your newsletter for email marketing, you know that you are not sending spam, but something that they requested from your site. This is something that they asked to be sent when they sign up for a newsletter. Where as if you are marketing a blog, you would do this much the same way as you would a website, and get visitors to come to you.

Whichever you prefer, whether it is blog marketing or email marketing you can still get the results that you want and that you are looking for. Just know that it takes time and persistence to achieve what you want, and get it from marketing online. Patience is key to getting your blog out there to everyone that is interested in it.

Blog Marketing Scams: Being Aware

You are ready to get out of the corporate world; you are ready to make that much needed move. Working for someone else is not always what it is cracked up to be, and you need a major change. Working for yourself can be rewarding and something that you might even be good at. However, you need to know where to start.

Blog marketing is a wonderful to get started with working for yourself. There is no risk involved other than time, and it cost nothing to get started. This makes it something that almost anyone can do and start. However, you will need to be motivated in order to make it work, and also someone that does not need a boss breathing down their back to get things done and done on time.

With the internet being something that everyone in the world has access to, it is no wonder that everyone is starting a blog and making money with it. However, you have to be aware of the scams that are out there and the people that will take your money from you and give you nothing in return. These people are the ones that will tell you that you are getting a great deal, and just what you need, and will in return give you nothing for the money that you give them.

With all of the scams and scammers that are known of in the in internet marketing world, you have to watch your back when you are blog marketing as well. Knowing how to spot the scams will help you immensely, and let you get the most for your money and not be scammed.

Because the internet is constantly changing, you have to keep up with the changes, as well as the scams. Someone that has a website can simply change the URL and face of the site in a matter of hours, and be back on the scamming end of things again. Trying to take money from those that do not know better is what scammers do, and you want to avoid them if at all possible.

The best way to keep from getting caught into a blog marketing scam is to follow someone that has been there and done that. Anyone that is successful as a blog marketer can give you tips and mentor you along the way. Find someone that you trust that is willing to take your hand and lead the way. All you need is to be shown once and you will know the direction to take your other blogs if you plan to have more than one.

Blog marketing has scams in that market and field just like all of the others. Know who you are doing business with and what is involved. Ask for references and if in doubt, never do business with someone that just does not seem to have all of their ducks in a row. That is a great way to avoid getting scammed and losing your hard earned money to someone that has no conscious. Ask your blogging friends for recommendations and use the people as well as services that they trust.

You can protect your self from blog marketing scams if you know how. Research everything that you can about any company, or new service that you are interested in. Doing might prevent you from giving your heard earned money away to someone that is up to no good. You are going to find that when questioned, most scammers are quite defensive, so take that into consideration as well. You can avoid blog marketing scams if you research and check out anyone that you are thinking of giving a try before you use them. You will be glad that you did in the long run, and it will end up saving you time and money from back tracking and fixing their scamming mistakes.

Tips For Blog Marketing

Blog marketing is not all that hard if you know what you are doing. However, if this is your very first blog and you are wondering how to get readers to it then you are in the right place. First let me just say that marketing your blog is going to require patience, and being consistent. You will have to update your blog frequently if you want to keep readers coming back for more. We are all guilty of making a blog, wanting it to be great, putting only one entry into it and then never going back to update it again. I think everyone in cyber world has done this at one time or another. Here are some great tips to use when trying to get your blog out there and get new readers.

Make sure that your blog has the track back feature. Let me tell you why. When you have the track back feature on your blog, you are allowing other people to link to your blog. Maybe someone has a post to post on their blog that is relevant to one of yours. They can use the talkback to your post, and send their readers to your blog so that they know what they are referring to. Another good thing to remember is that if someone gives you a track back, it is a courtesy to return that to their blog if at all possible.

Having a Google account and submitting a sitemap is almost a must when you are blog marketing. Doing so will allow Google to know how often you are updating your blog and they will automatically know of any changes that you have made to it as well. This will let Google get those new pages indexed faster and get them into search results much quicker than if you did not have the sitemap. There is a certain way you have to do the sitemap for Google, and they can explain that to you. Just know this is an important step to blog marketing.

Exchanging links with authority blogs and websites that are in your same market is another great way to get the word out about your blog. The authority sites are going to have a higher page rank, and will also be listed high in Google’s search results. So do some searches and check those out and see if they are up to exchanging links. If they are not, you could always just add those into your blogroll. You do not need permission to do that if they are not into linking. However, in the world of blogs, most blog owners are thankful for all links, and are willing to return the favor.

You are going to want to be sure that all of your posts are formatted. Doing so will leave out any confusion for the search engines and you will have everything nice and neat and all organized. The label tags are there for a reason when you are dealing with blogs. So using them and not leaving them out is a great idea.

Tracking is another part of blog marketing that is so very important. You want to be able to track your visitors and clickers to know where they are coming from. You want to be able to tell what keywords they searched on to find your blog and where they did their searching. Doing so will help take out all of the guess work when it comes to blog marketing. You will know what keywords are working, and which are not.

Allowing RSS feeds from your blog is also another great blog marketing tool. You are going to find that when you allow RSS feeds, your blog is going to end up all over the internet with a link back to it and that is a good thing. This is a wonderful way to get links to your blog with little or no effort. People that subscribe to your blog’s RSS feeds are able to then post your blog posts on their sites or blogs. Which in return gives you a link on their site or page that they have you on.

Blog marketing is only as hard as you make it. Use these tips and get your blog out there and seen today!