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Want to Turn Your Hobby into a Business? Check Out Nellie on FOX 5

Recently I was interviewed on FOX 5 in Las Vegas, where I talked about turning a hobby into a business.



Here are the highlights:

Know What Constitutes a Business

In the eyes of the IRS, your hobby is a business if three out of five years you have been running it, you’ve made a profit. If you haven’t been in business that long, the IRS looks to see if you are maintaining separate business records and have a separate business bank account. Continue reading “Want to Turn Your Hobby into a Business? Check Out Nellie on FOX 5” »

By |November 24th, 2015|Starting a Business|0 Comments

Using a Recruiting Firm to Find Your Next Hire

recruitment for employment 2I’m a big fan of getting help where I need it. Over the years, Phil and I have hired really smart people to help us grow CorpNet. But it’s not just our employees that help us. We also work with a recruiting firm, Tri-Search, which helps us find the best talent for a given role.

I sat down with Steve Aylsworth, Managing Partner and Founder of Tri-Search to talk about how business owners can partner with the right recruiting firm to find great new employees.

Who Benefits from Hiring a Recruiting Firm?

You might think that as a small business, working with a recruiting firm would be overkill, but Steve disagrees. He says Tri-Search works with everything from startups to billion dollar organizations, and that if there’s a need, it’s a good fit.

“If they need to acquire unique talent and they need assistance in locating this talent, and the effort is outside their own available resources, a recruiting company can be a huge benefit.”

What Should You Look for in a Recruiting Firm?

For me, it’s all about relationships and reputation. I knew Tri-Search’s VP of Business Development, and that connection helped me get to know others on the team. I feel like an important client of Tri-Search’s, and that makes all the difference.

Steve says you should find a firm that makes a good partner with your company. Continue reading “Using a Recruiting Firm to Find Your Next Hire” »

By |November 23rd, 2015|Running A Small Business|0 Comments

Get Your End of Year Checklist with Nellie on 13 Action News

At the end of the year, you’re probably busy with travel and holiday plans, but it’s important to take care of certain business to-dos to prepare your company for 2016. Recently I was interviewed on 13 Action News in Las Vegas about those end-of-year tasks.

Here are the highlights.

Tie Up Loose Ends on an Inactive Business

If you closed your business this year, realize you still have some legwork to do to make that closure legal. Otherwise, you will have to file another set of tax returns and pay additional taxes and penalty fees. Dissolve the entity, pay any remaining debts or taxes you have, and cancel any business licenses or permits you have.

 Set Up Your Business Structure

If you recently started a business, consider incorporating or forming an LLC  before year’s end. That way, you’ll realize tax benefits and be taken more seriously. Setting it up as a delayed filing gets you set up with your new structure for the start of 2016.

I’ve got a special offer for you in the video, so be sure to check it out!

By |November 20th, 2015|Business Checklists|0 Comments

Business Technology Trends for 2016

Futuristic smart glassesWith 2015 drawing to a close, businesses around the world are planning for the year ahead. Companies across all sectors have a vast range of platforms and tools available to them that offer the power to enhance customer engagement and maximize profit.

Enterprises of all sizes can now reach their customers through multiple channels at any time; diversification, experimentation, and a will to implement new working methods can all revolutionize a business’s success. Developments like smartphones, Google Analytics, Facebook, Twitter, and smartwatches have expanded the business landscape, and as technology continues to evolve at an incredible rate, marketing and communication capabilities increase with each innovation.

With this in mind, what new trends can companies look forward to in 2016, and how can these innovations help the business?

Wearable Tech will Open More Doors

When we consider wearable tech, what do we think of? The short-lived Google Glass? Bluetooth headphones? Or do we imagine futuristic devices that offer gaming and Internet browsing on the move without the need for analog controls?

Whatever the term evokes for each of us, wearable tech will continue to become more commonplace in 2016, with smartwatches and virtual reality headsets more fact than science fiction. Continue reading “Business Technology Trends for 2016” »

By |November 20th, 2015|Business Technology|0 Comments

6 Last-Minute Marketing Tips for Black Friday

ShoppingThe clock is ticking and the holiday hurrah is building up to one of the biggest shopping days of the year. If you haven’t jumped on your holiday planning just yet, all is not lost. You still have some time to build a sweet, little Black Friday marketing campaign. With 25% of shoppers (that number jumps to 56% when you include online shopping) already planning to hit the streets on Black Friday, you can take advantage of this unofficial holiday, even if you’re a procrastinator.

1. Produce a Holiday Gift Guide


Your holiday gift guide can be thematic, “Gifts for Him,” “Gifts for Her,” “Gifts for Entrepreneurs,” etc. or they can be product oriented, like “Best Cosmetics of the Year.” Either way, they should be centered around a concept that ignites enthusiasm in your target customer. If you provide a service, you can still make a gift guide. Just make sure your service is front and center.

2. Create a Tie-in Promotion That Complements Your Business


In order to build on the Black Friday excitement, you can use a tie-in promotion that kindles more loyalty to your business. A spa could offer a discount on products for customers who buy gift certificates for holiday presents. A life coach might offer special 15 minute coaching sessions for those who purchase coaching packages that customers can use or give away to family and friends. There are various ways to appeal to your intended audience that build your brand and bring in customers who are ready to shop. Continue reading “6 Last-Minute Marketing Tips for Black Friday” »

By |November 19th, 2015|Marketing Your Business|0 Comments

What’s the Deal with Professional Business Licenses?

Business man pointing the text: LicenseWhen you start a business, you need certain business licenses to ensure that you’re compliant with your city, state, and county’s business regulations. But did you realize that you might also need a professional business license, if you’re in certain industries?

Fields like medicine, law, and real estate are highly regulated, and professionals in these fields have high risk profiles. That’s why your state requires you to have a professional license: to ensure you’re competent at the job and have passed any required tests or meet industry regulations. This not only reduces your risk of being sued, but it also protects your customers.

Other roles that may require a professional business license include:

  • Security guard
  • Construction worker
  • Pilot
  • Acupuncturist
  • Pharmacist
  • Veterinary

Examples of Professional Business Licenses

In California, the dental industry is regulated by the Dental Board of California Online Licensing. Once you are licensed as a dentist in California, you must pay an annual fee of $525 to keep your professional license up to date. In Florida, if you want to be a barber, you must apply for a barber’s business license with the Barbers’ Board. Once you pass your barber’s test, you’ll have your license, though you must maintain the continuing education requirements.

In New York, to work as a Certified Public Accountant, you need to be licensed. These are just a few examples of the professional licenses required in some states. To get specifics, you will need to visit the professional business licenses website for your state. Continue reading “What’s the Deal with Professional Business Licenses?” »

By |November 18th, 2015|Business Checklists|0 Comments

Get Your Copy of the Start a Business in Delaware Guide

nevada coverIf you want to start a business in Delaware, you’ll want all the help you can get. That’s why we are offering

a free guide called The Guide to Starting, Protecting, and Running a Business in the State of Delaware. We’ve filled this guide with fantastic information on what you need to start a business in Delaware, how to register your business name, what business licenses and permits you will need in Delaware, and how to stay compliant with your Delaware business.

Got questions? We’re sure you do. You want to know how to incorporate in Delaware. How to form an LLC in Delaware. How to register your business. You’ll learn all this and more in the guide.

After reading this free guide, you will know:

  • How to start a business in Delaware
  • How to incorporate in Delaware
  • How to form an LLC in Delaware
  • Whether Delaware is the right place to incorporate or form an LLC
  • About Delaware filing fees and costs for corporations, LLCs, and annual reports
  • Other resources you’ll need and are available to you to start a business in Delaware

Don’t delay! Get your free copy of The Guide to Starting, Protecting, and Running a Business in the State of Delaware today!

By |November 17th, 2015|Events & Announcements, Starting a Business|0 Comments

Where to Start a Business if You’re a Millennial

Hello I am a Millennial blue name tag concept

Have you ever noticed how some cities seem younger than others? Some seem to offer more entertainment and opportunities than others, and therefore appeal to the Millennial generation. And when it comes to entrepreneurs, Millennials are ahead of the pack: more than 25% of them are self-employed.

Thumbtack Journal recently released its 10 Best Cities for Millennial Entrepreneurs list, which ranks cities and states based on their friendliness to small businesses, as well as identifies the cities that are welcoming Millennial entrepreneurs with open arms.

Where to Start Your Next Business

If you’re a Millennial (born between 1980 and 1999), consider one of these cities when you launch your business.

  1. Birmingham, Alabama
  2. Boise, Ohio
  3. Boulder, Colorado
  4. Nashville, Tennessee
  5. Manchester, New Hampshire
  6. Charleston, South Carolina
  7. Knoxville, Tennessee
  8. Austin, Texas
  9. Durham, North Carolina
  10. Richmond, Virginia

What’s interesting is that these are all mid-sized cities. No metropolises for those Millennials. And I wonder what’s going on in Tennessee, with two cities on the list! Continue reading “Where to Start a Business if You’re a Millennial” »

By |November 16th, 2015|Starting a Business|0 Comments

6 Tips to Rocking Content Marketing with an Ebook or Whitepaper

ebook (electronic book) - a word in grunge letterpress metal type on a  digital tablet with a cup of coffee

Does the thought of writing something longer than a blog post make you stop and catch your breath? Blog posts are just the tip of the content marketing iceberg, so pull up a chair and let’s talk about whitepapers and ebooks. In general, the agreed definition of a whitepaper is a longer document, usually in the 8-20 page range, that addresses a problem or challenge, provides a solution, and demonstrates the expertise of the author (you!). Ebooks are longer, more thorough, and cover slightly bigger territory.

This month on your 12-month marketing calendar, it’s time to consider ebooks and whitepapers as a way to reach your audience.

Your ebook or whitepaper is a great way to connect with your audiences, grow that audience by sharing the wealth of your expertise, and provide a way for potential clients to test drive your your methodology prior to doing business with you. They are excellent opportunities to develop your professional brand and absolutely worth all the effort. Remember you won’t be giving it away, so the production efforts are an investment in your future. Here are 6 tips for rocking your whitepaper or ebook right out of the gate.

1. Define Your Audience.

Just as an emerging business must define its target customer before drawing up a business plan, your ebook or whitepaper needs a defined and specific target audience. Who is the manuscript for? You will be tempted to skip this step and think “It’s for everyone!” You will save yourself substantial trouble if you avoid this temptation and hone in on your ideal audience member. Draw firm lines that elucidate your audience. This will help tremendously with the next step.

2. Formulate an Outline.

Did you hate it when your high school English teacher asked for an outline with your essays? I used to write my outline after I wrote my essay, but this is not a five paragraph essay! You will save yourself so much wasted effort when you adhere to this step. Your outline is the blueprint that will help your writing stay tight and give you direction when you don’t know what to do next. You may end up moving things around later for clarity. That’s okay. At this stage, you want to prepare to write to the best of your ability. Continue reading “6 Tips to Rocking Content Marketing with an Ebook or Whitepaper” »

By |November 12th, 2015|Marketing Your Business|0 Comments

Articles of Organization: Does Your S Corp Need One?

unsure young woman scratching her headIf you’ve spent any time on this blog or researching how to incorporate your business online, you’ve probably found some terms you weren’t really clear on and had questions. What’s the difference between an LLC and a corporation? What paperwork do I need to file annually? What are Articles of Organization, and do I need them?

Let’s address that last question and talk about Articles of Organization.

First, the LLC vs Corporation Discussion

While ultimately, the LLC and corporation are different, they both provide similar protection and tax benefits. Also, when you either form an LLC or a corporation, there are a lot of similarities in the processes. For both, you have to fill out an application and submit a fee (though the paperwork varies slightly and the fees may be different from one another).

That paperwork is either called Articles of Incorporation (for…you guessed it! Corporations) or Articles of Organization (for LLCs). They serve the same purpose, but don’t really cross streams.

So, to answer your question: you only need to fill out and submit Articles of Organization if you plan to file as an LLC. If you are incorporating as an S Corp (or any other type of corporation) you do not need to fill out Articles of Organization. Continue reading “Articles of Organization: Does Your S Corp Need One?” »

By |November 11th, 2015|Business Filings|0 Comments