Simple Works: Home Business Tips That Will Save Time and Money

Raising seven kids has taught me well in life and business. My husband and I each brought three kids to the table (his three boys, my three girls) and we shared an extra child we couldn't love more. To get along as full siblings is nearly unheard of, but as step siblings? Nearly impossible. Yet, they got along well. Very well.

People complimented them often and would ask us the secret; it was always the same:

Be consistent, accountable, and follow through.

Like raising good children, you could not choose a better formula for business success, in fact, it's so easy, people overlook it. And wonder why they fail.

Working from home is a blessing, but also a curse. You may find yourself putting off something until "later" and later forgets to show up. The next thing you know, you're searching for your receipts to show the bank that there was supposed to be a charge reversal or your phone service is disconnected but not because you have no money--because you forgot to pay the bill you can't find.

Being thorough and consistent can save on late fees, lost accounts, looking immature as a business, and a huge amount of stress. 

No matter what kind of home business you run or how much your business earns, these tips can change your life as you know it and keep in mind, I've cut it to the bare bones. Seriously, just do this if you are not already doing it.

Put your paperwork away in the same place. Every time. 


Use file folders, even if you keep it in a cardboard box. You may end up with more folders than you really need, but as you are consistent in using them and putting them away, your mind will automatically be on the lookout for the best way to do this for you and your needs.

Your filing system is too elaborate if paper is piling up; don't work hard and loathe doing it, simplify. Some small businesses have only two files: IN and OUT. Whatever works BEST for your business and for the least amount of effort is exactly what you need.

Keep LIKE things together. Bills with bills. Receipts either stapled to bills or with other receipts divided only if you have so many it's necessary. Pens with pens all in the same place every single time. Get it?

Do not fight yourself. If you work better on the computer, scan your bills and keep in folders on your computer. Find an app for your phone that works with you. If you are a paper hoarder as I am, then stop trying to force making everything online. Go with what will make you get things done.

When you tell someone you will call... call. Follow through.

Work hard to make your day-to-day "normal" things--like filing and return phone calls--take five minutes or less. 

If you have someone else working with you, learn to delegate and only work on the more difficult things that must have your attention.

This is enough to get you going. Do you know why? Because simple works.

Simple Works: Home Business Tips That Will Save Time and Money

Raising seven kids has taught me well in life and business. My husband and I each brought three kids to the table (his three boys, my three girls) and we shared an extra child we couldn't love more. To get along as full siblings is nearly unheard of, but as step siblings? Nearly impossible. Yet, they got along well. Very well.

People complimented them often and would ask us the secret; it was always the same:

Be consistent, accountable, and follow through.

Like raising good children, you could not choose a better formula for business success, in fact, it's so easy, people overlook it. And wonder why they fail.

Working from home is a blessing, but also a curse. You may find yourself putting off something until "later" and later forgets to show up. The next thing you know, you're searching for your receipts to show the bank that there was supposed to be a charge reversal or your phone service is disconnected but not because you have no money--because you forgot to pay the bill you can't find.

Being thorough and consistent can save on late fees, lost accounts, looking immature as a business, and a huge amount of stress. 

No matter what kind of home business you run or how much your business earns, these tips can change your life as you know it and keep in mind, I've cut it to the bare bones. Seriously, just do this if you are not already doing it.

Put your paperwork away in the same place. Every time. 


Use file folders, even if you keep it in a cardboard box. You may end up with more folders than you really need, but as you are consistent in using them and putting them away, your mind will automatically be on the lookout for the best way to do this for you and your needs.

Your filing system is too elaborate if paper is piling up; don't work hard and loathe doing it, simplify. Some small businesses have only two files: IN and OUT. Whatever works BEST for your business and for the least amount of effort is exactly what you need.

Keep LIKE things together. Bills with bills. Receipts either stapled to bills or with other receipts divided only if you have so many it's necessary. Pens with pens all in the same place every single time. Get it?

Do not fight yourself. If you work better on the computer, scan your bills and keep in folders on your computer. Find an app for your phone that works with you. If you are a paper hoarder as I am, then stop trying to force making everything online. Go with what will make you get things done.

When you tell someone you will call... call. Follow through.

Work hard to make your day-to-day "normal" things--like filing and return phone calls--take five minutes or less. 

If you have someone else working with you, learn to delegate and only work on the more difficult things that must have your attention.

This is enough to get you going. Do you know why? Because simple works.

ChaCha Tip

Are you a ChaCha guide?  (Do you wanna be?  Go to ChaCha and let them know Teraisa@gmail.com referred you so we can be on the same team!).  There are two ways to get started as a ChaCha guide, provided you're in and signed as a freelance - you either put one toe in at a time or you jump in, just like a pool. I'm typically the person who jumps, but in this instance, I'm barely at my calves, right now.

It's important to me to be a good ChaCha Guide, not just someone who works a job and that's that.  I want my answers to matter, because they matter to me.  I like to do things right; I like to be accurate.

My ChaCha tip for the day:  After you log in, check out at least one tip sheet (re-read if you've read  them all) and go to the forum for a post or two.  ChaCha can't exist if it doesn't work, which is why the particular rules are in place and need to be followed. You don't always have to learn by trial and error - that's what the tip sheets are for! 

As you read more and more tip sheets and answer/research more and more questions, you'll feel more comfortable and perhaps, along with me, we can get go above the knees and beyond. For now, though, I'm taking it slow and watching my quality. 

Taxes: Home Business

Home business owners, freelance writers and photographers, and direct sellers (in no particular order):

Please click on our TAX "label" for any information we may have published about taxes in general.  We are NOT a tax service, but we do have to file taxes like the rest of you. We're simply sharing what we wished someone shared with us (or... sharing what some lovely person HAS shared).  Always, always, ALWAYS, keep in mind that tax tips are only as good as the day they are written, but usually, they are great guides, regardless.

Taxes for Writers by Cyn Mason

"...legislation that creates the tax laws we are bound to has been active where authors (and artists and film makers as well) are concerned. It isn’t difficult to get tax advice regarding simple items such as what form to use and what records to keep. What is a lot harder to find is information about the particular legislation aimed directly at this industry. The law is easier to understand if you trace back the prior rules first."

IRS small business tax center:

http://www.irs.gov/businesses/small/index.html

IRS tax tips for direct sellers:

http://www.irs.gov/newsroom/article/0,,id=175146,00.html

IRS business use of home:

http://www.irs.gov/taxtopics/tc509.html

IRS home office deduction:

http://www.irs.gov/businesses/small/article/0,,id=204169,00.html

IRS deducting travel, entertainment, and gift expenses:

http://www.irs.gov/newsroom/article/0,,id=167363,00.html

Tax Lists for Writers by Riley & Associates:

"...The artistic temperament simply does not interface well with the exacting rule-filled world of federal and state taxation. Writers tend to avoid the whole matter and consequently leave themselves vulnerable to bad advice and to overpaying taxes. The secret to overcoming this phobia is to develop an understanding of the mechanisms of the tax code and some simple, effective ways of complying with this onerous task. I often use the analogy that you may not need to know how to fix your car but it is helpful to know how it basically works. In so doing you will pay less in taxes and you will be less likely to fall prey to erroneous tax information and disreputable [advisers]." 

Tax Tips for Writers: 

"... Freelance writers who have made any income the previous year will need to fill out a long 1040 as well as a Schedule C and a Schedule SE (self-employment tax) to report profit and loss. Keep in mind that if planning to deduct a lot of expenses, additional forms will need to be filled out as well. Consult a tax professional for extensive returns."

IRS: List of Guilds, etc.

http://www.irs.gov/businesses/small/industries/article/0,,id=100602,00.html

Direct Selling Association

Direct Selling 411

Nolo (Law for All):

The Home Office Tax Deduction

"...you can still deduct ordinary and necessary business expenses that you incur at home -- for instance, long-distance phone calls, a separate business telephone line, and the cost of office supplies and equipment. The above IRS rules apply only to the expenses of actually running and maintaining your home, such as utilities, rent, depreciation, home insurance, mortgage interest, real estate taxes, and repairs."

We'll add as we gain new insights and information and always, we'll label it as TAX so it's easy to find.

Tools of Success: Notebooks

So much is going on before my first party. I need to feel like I'm in control and I know and understand what I'm doing. I've now filled up TWO notebooks - and one is HUGE (so big it cost more than $10, but it's worth it), with notes, training, and ideas. Before you think you have to go through all this "trouble" for your own business, let me say that I am a visual learner. Preferably, words. You may be better by doing. AND I have no one to learn from by watching or attending another party. It's not work to me, either, I actually like it.

In fact, last night, my middle daughter said, "Gosh Mom, you're so organized!" Ah, those were words I needed and longed to hear. I've not always been. This time is different. I am VERY SERIOUS about what I'm doing. I am determined to put Hawaii on the At Home America map.

Another thing I've done to study and learn, is to browse and participate in the discussion boards set up on our AHA website and on the Yahoo Group's email list. If you don't have this where you are doing business, create it yourself! If you have questions and ideas, someone else will, too, and they'll be grateful someone took the initiative.

Something for the Work At Home Woman (or Man!)

Shared by a listmate:

Printables from Life... your way (personalized solutions for intentional living). Here's the link to their notebook for home management.