Updated: Dec 1, 2021
Start your own business!
Starting your own business is one of the most powerful ways to take control of your life and make extra money.
As the saying goes “Choose a job you love, and you’ll never have to work a day in your life.”
Here are many reasons that motivate people to start own business:
You can earn more money
You will have financial independence because you and only you manage your finances
This is an opportunity to invest in yourself (you run the risk, but you also get a reward)
Only you establish the rules for the conduct of your business
You can finally do your favorite things or things you know very well
You create your own team (or work solo)
You can become a mentor or train your employees to your needs
You can also acquire new skills and open new departments of business
You can delegate boring duties (and deal exclusively with the development of your company)
There will be challenges every day (but this is life)
You can improve your industry your own way
You can work wherever you want
You can create your own brand
Own business is practically an unlimited field for development
What about TAX Benefits?
Here the shortlist of TAX Benefits what you can use making the decision to run your own business:
Deduct a portion of your home’s expenses (mortgage interest, property taxes, utilities, repairs and maintenance, business income)
Advertising and Promotion (websites, business cards, yellow page ads)
Sponsoring (promo costs that create business goodwill)
Insurance (medical, fire, flood, theft, etc.)
Travel (the cost of the plane, meals, telephone calls, tips, etc.)
Interest (if you use credit to finance business purchases, the interest and carrying charges are fully tax-deductible)
Education Expenses (if they are related to your current business)
How to start:
Tell us about your business. We complete the form in 10 minutes
Then we prepare all documents and sending directly with the Secretary of State.
Checklist for New Corporation:
Decide on a corporate name (choose several names for, we should be sure your name is unique)
Address in the State. We also provide an address in the State of Illinois (some businesses need it)
Your Name, Last name, and valid SSN
Fee (it depends on State)
When your corporation’s documents have been approved by the Secretary of State, we’ll send a corporation package by mail.
Congratulations! You are a business man/women.
Also, you must know. Some businesses must get the right business licenses & permits.