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Independent Contractor Taxes Depend on Business Type

Tax rates for independent contractors depend on whether the business is a sole proprietorship, limited liability company, S corporation or C corporation.

The government has the same basic rates for all businesses. But the actual tax rate as a percentage of profits — also known as the effective tax rate — depends in part on the business type. (more…)

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How to Write a Small Business Marketing Plan

A book on Amazon about writing a one-page marketing plan is 225 pages long.

Learning how to write a one-page small business marketing plan doesn’t take 225 pages of reading. Time is precious for successful business owners and managers. (more…)

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Independent Contractors Thrive With Income From Multiple Sources

Independent contractors have a better chance of surviving and thriving if they have an income strategy that looks beyond just the business.

More than half of the business closures in the United States were the result of problems getting financing or a failure to reach profitability, according to the Global Entrepreneurship Monitor sponsored by Babson College. (more…)

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Simple Chart Puts Revenue and Audience into Context

A simple chart offers useful insights about audience and revenue based on the time of the year.

Just comparing the most recent month with the previous month is often misleading because it takes the numbers out of context. It also ignores factors that vary from month to month but often don’t vary from year to year. (more…)

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Online Productivity Separates Success From Failure

Google, Facebook and other online companies succeed in large part because of productivity.

Productivity is an old word in business. It’s another way of describing efficiency, especially cost efficiency. (more…)

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website profit

Website Value Best Determined By Its Profit

Web publishers often debate website value, but they tend to focus on the wrong number.

A common practice is to base the value almost entirely on revenue, but it is profit that reveals much more about a site’s true worth. (more…)

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Website priorities

First Site Priorities: Keep Efforts Free, Quick and Simple

The owner of a small business website should look for ways of growing it that are free, quick and simple.

The Internet is loaded with experts who talk about big ways of making money online, but they often leave out the cost and effort required to get there. (more…)

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