Take into consideration everything you use to make the business run smoothly. Whether you are involved in affiliate marketing, blogging your own products.
Entrepreneurs are frequently not experts in any one thing, capable of being the chief, chef and bottle washer all in one. Normally bloggers are creative, so being grounded by the nitty-gritty of spreadsheets seems boring job!
1. Preparing a simple spreadsheet saving you time and money in the near future.
2. Ask your Tax Man about deductions you can claim or, money will be thrown away.
List of possible Tangible Assets purchased and/or used by an Entrepreneur:-
• Motor Vehicle
• Lightening Protection Plugs + UPS (Uninterrupted Power Supply)
• Phone (Landline and/or Mobile)
• Printers - Fax - Scanner
• Video camera
• Office Furniture - Desk, Chairs, Visitors Lounge for Business
Inquire at your local tax office what period of time you are given to write an asset off. Remember this is in preparation for when you need an Accountant. Keep all the receipts and proof of payments.
Hardware is given a three year "life span", whereas Software (Intangible Asset) can be written off the books within one year, in my home country.
A few years ago you could write-off a computer over a five year period, so this can change year-on-year. If you get stuck speak to an Accountant or Tax Official.
This part of the accounting can become a bit more complicated than is planned in an Article. So I am only going to make mention of it to enable you to prepare an asset register.
Once your business grows, this is another aspect that must be taken into account and could save you money in the long run.
An accountant in any country would agree that the assets of the business are being financed by the capital (money) of the business owner, possibly with a loan from a bank.
The Financial equation is Assets= Liabilities + Capital or Assets - Liabilities=Capital
1. Asset = Property owned by a person or company (example: your motor vehicle - if used for business purposes) and the list below - each asset will have a "life span" indicated by your tax office.
2. Liability = Financial obligation, money owed (example: You buy a course to teach yourself how to blog, you have agreed to pay an amount over a period of four months - this is a liability)
3. Capital = Money, this can be money you have set aside to start up your business, or money borrowed from a bank (not normally the case when you are starting out as an online entrepreneur), a loan from family or friends.
OK, some of us may be screaming, this is not what I wanted to do, I want to blog and sell products. Unfortunately somewhere along the line you will meet up with the Tax Man, whether it is in your personal capacity for paying tax, or as a business. The more records you have on hand to substantiate your expenses, the easier your life will be.
Personal Tax - refer to your Tax Office and find out from what level of earnings you must start paying tax. Each country will vary make sure you comply with the law within your country.
Business Tax - Consult with an Accountant in your country of residence to register. Remember to prepare your Asset Register and Cash Book/Cash Flow Chart, before consulting with an Accountant, Lawyer, Banker, and Tax Consultant.
When you start to reap the benefits of all your hard work, you don't want to be paying out huge amounts of money to get an Accountant to do the preparatory work for you. Keep simple spreadsheets of your business' progress this saves in time and money.
Wherever possible, try to separate your business bank account from your personal bank account. Most of us venture into online marketing without a registered business and do not take enough care of where we are spending our money.
Sooner, rather than later, prepare for the big day when the business lifts off and you are able to start recouping the money spent over the past year or years.
Take into consideration everything you use to make the business run smoothly. Whether you are involved in affiliate marketing, blogging your own products.
These days many businesses want to 'go green', either to get that official designation or just to do their bit to protect the planet. Fortunately, there are many manufacturers or recyclers eager to help them find everything form paper supplies and appliances to green office furniture.
Today, when the acoustical tile over your head may be made of ground plastic soda bottles, it should be no surprise to find that the desk you are sitting at is made of one hundred percent post consumer materials. Even the chair you like because of its ergonomic design, although made of all-new material, is over ninety-five percent recyclable.
There are different ways to qualify as environmentally friendly. Making things to last longer is one way to keep landfills to a minimum. In an industry that traditionally used total re-decorating every ten years, getting furnishings that are used and refurbished or that carry a lifetime guarantee is a big step forward. Fiberboard used as a base and laminated in your choice of wood finish is manufactured with no new materials at all.
Go online to see how many sites offer used furnishings that look like new, recycled materials in newly manufactured desks and chairs, and even carpeting and walls that do not require a major use of natural resources to produce. There are certifications used to gauge how environmentally-friendly an item or a brand is. This is often signaled by the green leaf logo in the product code you will see on the site.
Another important feature of modern office life is air quality. Research has shown that building materials, carpeting, and furnishings can give off toxic fumes or microscopic particles long after they have been made. People working inside can suffer from the constant bombardment of unhealthy vapors or airborne particles. Allergies and fatigue rob the whole company of productivity and can lead to long-term disabilities.
Many of the products you will see that come from companies concerned about the environment and the health of workers in both government and private offices advertise the compliance with emission levels set by the United States Green Building Council, or can show the LEED certification that is an international standard. If a company is trying to project an environmentally aware image, it will do well to look for these seals of approval before buying.
All areas of construction, operation, and maintenance can be changed to reduce pollution, the 'carbon footprint', and wastes that end up in landfills or the world's oceans. Things like buying locally to reduce transportation costs and CO2 emissions, or choosing a supplier who ships direct to streamline the delivery can really matter over time. Longer life, cleaner manufacturing, and easy recycling all play a part in compliance.
Using green office furniture is a practical and measurable way to protect the health of workers and the health of the world. It can be an asset in hiring and in advertising your product, as well, since many now are aware of the dangers of indoor pollution and like to support companies that care about the planet.
Businesses across the United States employ and serve an eclectic mix of individuals of different shapes and sizes; a range of people perhaps broader than any country in the world. With each individual being unique and completely different it is important to take into consideration their needs especially when it comes to purchasing office furniture. Office furniture is a big investment, so it is important to consider all necessary elements prior to making a purchase. Will most people entering your office have the same body type and build? If your answer to this question is no, then it is safer to prepare for situations when heavy duty furniture may be needed that will be durable enough to withstand substantial usage.
Purchasing heavy duty furniture is also beneficial for companies that have most of their employees or customers seated for the majority of the day. It is easy to forget just how often you may be sitting in an office chair until you think about how many hours you work per week and then consider how much use your chair is getting over just a year's time. This is especially true for work environments that have furniture that is in use all day everyday such as call centers and dispatch centers where employees are switching shifts but the same chair is used. Office chairs that are in use twenty 24 hours a day 7 days a week require special heavy duty seating to ensure the chair will not break within the first few months and instead lasts for years to come.
There are many benefits to owning heavy duty furniture, the first being the quality of construction. Heavy duty office chairs are often engineered with an indestructible all steel frame with no easily breakable plastic components. Many are also designed and warranted to hold up to 500 lbs., essentially making the chair usable for just about anyone. The parts that comprise the chair are also stronger and manufactured better to stand up to even the toughest work environments. There are heavy duty mechanisms, more back and seat support, sturdier casters, a larger base, and a long-lasting cylinder. Most manufacturer warranties also showcase their belief in their heavy duty products by offering 10 year warranties with some even offering a lifetime warranty on all working parts.
Another advantage of owning heavy duty furniture is that all your employees, customers, and clients will be guaranteed to fit comfortably no matter their shape or size. Often times bigger and taller individuals have a difficult time finding furniture that will allow them to sit comfortably and more importantly fit their body proportions. This often leads to chairs that break underneath them which can cause serious injuries or at the very least a bruise to show for it the next day. Big and tall chairs are designed specifically for bigger individuals and can be found on any specialty seating website as well as some office furniture showrooms. Big and tall furniture has expanded to include office chairs, guest chairs, conference seating, and task chairs; essentially providing a seat solution for just about any office seating application.
Ultimately, purchasing heavy duty furniture and chairs is the best return on investment for any business. Once the purchase is made, no longer will you need to worry about furniture breaking every few months and then needing to spend the time searching for replacement furniture. Your furniture will already be built with quality components to withstand even the toughest working conditions and be able to support heavier individuals. Purchasing office chairs should be a long-term investment, and it is both impractical and wasteful to have to buy new furniture every year. While it may cost more upfront, having furniture that lasts for more than ten years and comfortably supports every person that steps into your office will greatly outweigh the money spent.
Just the way you choose furniture for your home, you can choose for your office too. If you are spending a substantial amount of your time at your work place then you definitely need to have a proper furnished office. There was a time when office furniture was not given much importance but today we can see many furniture brands operating in this market which indicates its growing popularity. A well furnished surrounding can enhance your quality of work and you will surely enjoy your work at the office. Getting your office furnished with good quality furniture of innovative designs gives an improved look to your office along with a feeling of positive energy among the employees.
These days furniture are available in different forms and designs. You can choose from various designs like modern, antique, contemporary and the recently popular eco-design furniture. They are specifically designed for office use and suitable for office environment. Office furniture includes office chairs, cabinets, bookcases, tables, shelving, computer workstations, conference tables and few others.
Office furniture is possibly one of the vital business expenditure that you will make. You will find a range of office furniture that suits both your budget and taste. Smart furniture in your office will impress the clients and it will be a pleasure for them to visit your office. Office desk is the most important furniture at your office as it is the place where most of the work in an office is done. Reporting, communicating with clients and all sorts of paper work of your office takes place at the office desk itself. Quality and great looking furniture should be the basic necessity of every commercial enterprise.
Today office furniture is available in various modern designs but while choosing one you should keep in mind the comfort factor. You can choose furniture made of wood which is strong, reliable and long lasting. While buying furniture for your office you can order from showrooms, catalogues or through online sites.
Space utility is a very essential factor. One must buy furniture that fits well with the room and does not occupy much space. If you are not fund constrained then you can appoint an interior designer who takes the entire responsibility to furnish your office as per your preferred choice. So if you are an entrepreneur and are seeking out ways to offer a complete look and feel to your office the best way to do so is by renovating your office with the latest and new furniture.
I want to focus on overlooked provisions when a tenant, whether it be an entrepreneur, a consultant, or a business owner, is negotiating the landlord's form for 1) office lease, or 2) retail lease in a shopping center or taxpayer, and 3) executive suite space arrangement. Since prospective tenants are focused primarily on rent pricing, and the term and termination provisions, some of the risk factors that are driving the rental pricing may be overlooked. I will identify a key point in each of the three types of leases:
- Retail lease in shopping center or taxpayer: Tenant may find they have base rent and percentage rent as well as common area charges to pay for, all based on the current state of the shopping center or the taxpayer strip of stores. A key lease term to negotiate is the occupancy rate of the shopping center, or the taxpayer, or loss of an anchor tenant. Your lease loses value when the shopping center or taxpayer turns into a ghost town because a large anchor tenant leaves, or in cases of a small taxpayer, if a traffic driver such as a coffee shop leaves. Therefore, negotiate that if the occupancy rate of the shopping center dips below 75% of rentable space, or the supermarket or anchor department store (R.I.P. Ames) leaves the center, you, the tenant, will have the option to terminate your lease or reduce your rent.
- Office Lease: Tenant always wants to anticipate future growth, and perhaps, a downsizing as well. Many tenants are focused on their rights to sublet space, or assign their lease, in cases in which they may move out of the premises. That is the subject of another article. I want to point out that you want to include in your lease a "right of first refusal" to expand to adjoining offices in the building if they become vacant during your tenancy, so that you won't necessarily have to move out of the building. Plenty of times a landlord will try to play checkers with tenants and move them around to new offices within the building (or other properties owned by the landlord) in order to accommodate a growing tenant, but having a right of first refusal on adjoining space, oftentimes with a rent pricing for that new space established in the lease, is a provision the tenant should strongly consider, since the costs of moving to another building are often prohibitive.
- Executive Office: What issues could possibly affect taking a temporary, or even long-term, lease at an executive office space? That's a question often asked of me by tenants, some of whom are entrepreneurs, consultants, financial advisors, who just need a desk for their laptop and the usual accoutrements of an executive space, such as phone lines, reception, conference room, shared copying equipment, and camaraderie. Since not everyone taking executive office space is just going to be leasing on a short-term basis, what a tenant should be aware of is that oftentimes the manager, or landlord, of the executive suite is themselves a tenant in the building, and you would deem them a "sub-landlord," holding a master lease with the landlord for the floor(s) constituting the executive suite. What you want to make sure of is: what are the terms of the master lease your executive suite landlord has with the landlord; if the master lease is due to expire soon, your lease or arrangement within the executive suite is subject to a master lease, and your occupancy rights will be terminated unless the master lease is renewed. Of course, if the master lease is renewed on terms that are pricier than the current master lease, expect that these costs will be passed along to the tenants in the executive suite.
The meeting tables are not only used for employee meetings only, but they are often considered for client meetings as well. They reflect the status of an organization and they play an important role in the decisions made by the clients. If the seats are not comfortable then the client will rush through the meeting and the result may not be favorable.
There are few things which one should keep in mind while purchasing such type of table. The very first thing is the number of people who are going to be seated. These kind of tables are available in various shapes, sizes, width and lengths. Bigger tables are expensive than other ones, but their capacity allows to involve more people.
The second thing is the space available to each member. And it doesn't associate with the number of persons. The table room allotted to each member is also called 'elbow room'. This space is required for working & eating, which should be enough for these people.
The table should match with the decor or colors of the room, so that it looks quite decent. There are numerous options for the purchasers and it won't be difficult to choose the right one. Another important thing is to decide whether to buy these objects on lease or not. The big tables are quite costly, and therefore these are unaffordable for the small businesses. The best option for these people is to g for the lease option.
It is important to know that the chairs are available with the tables or not. It may be possible that the chairs are not offered with the tables; in that case the purchaser has to opt for them separately. And they should complement the table while providing comfort to the users. The price of both the objects should be calculated as per the budget.
There is no need to look out for these things in the market which will take a lot of time and efforts. In this world of technology, a person can easily log on to several websites for acquiring meeting tables. These sites maintain a huge database of these kinds of tables and offer numerous options. The comparison tool available with these sites allows comparing two different products in terms of price and design.
The write ups offered by the existing customers provide genuine and unbiased information about these furniture. These write ups are available in the form of blogs, reviews, articles etc. A new customer finds it as a guide to obtain the relevant information, and anyone can contribute to this source by providing new information.
Selecting the right Meeting Table needs analysis of various factors. It is an important decision for any business because it's a question of comfort, space, and style of the furnishings that plays an important role while client meeting.
Executive office furniture is the latest trend in furnishing style that has gained great popularity in recent times. When you are setting up an office of your own, it is quite likely that you will want to give it an executive and sophisticated professional look. Much depends on the look of the office and furniture can truly change the look of an office. The executive furniture collections can do wonders to your office since its look will surely impress your clients and prospective business partners. Executive furniture not only fulfills the criteria of functionality but it also has an appealing and classy look.
Executive office furniture is especially manufactured for imparting an air of sophistication. The market of executive furniture is wide hence there is absolutely no absence of choice when it comes to this variety of furniture. This is because a plethora of distributors and manufacturers are available on the Internet. They all compete among themselves for selling their own product design thereby offering the customers with the option of purchasing the exact item that appeals to them. In fact with so many designs, materials, styles and colors in this particular variety of furniture, you are sure to find it difficult to select just one amongst such a vast collection.
Executive office furniture can do great justice to even limited office spaces and can make it look great. When setting up a new office you may not be able to invest a hefty amount in buying large office space. But even if the office is of limited size, executive furniture can fit in well because of their sleek contours. In fact the definition of executive furniture does include the attribute of being sleek and neat. So even if your office is not spacious, you can make it look spacious by furnishing it with the executive style of furniture.
Comfort is an important factor that you need to take care of when choosing the furniture for your work place. The executive office furniture not only looks good but also offers the advantage of comfort to both workers and visitors. Therefore, it can be said that the executive style furniture is a combination of both comfort and aesthetics. What more do you want if you get furniture with futuristic comfort and great looks at the same time?
From the cabinets to the lounge, executive office furniture can be used to decorate them all. Even the conference rooms in your office can be adequately furnished with executive style furnishings. Space planning and designing of the executive furniture can be done with the help of interior decorators. Once your office is properly set up and designed, you can be sure of greater productivity potential of your employees which in turn would prove to be of great profit to your business. The executive furniture style would add an air of confidence and sophistication to your office.
We have all been in offices or homes where plies of paper are stacked high on every available surface, including the floor. Stacks of paper, drawers full of paper, boxes of paper, rooms full of paper are taking over our lives. Lets take back our lives and our time!
Wasn't the invention of the computer supposed to decrease the amount of paper we use? It didn't! The average office worker handles over 10,000 pieces of paper every month! Even people who are somewhat organized can have difficulty keeping up with the sheer volume of paper.
Paper clutter is about not knowing what to do with the paper when you receive it, or what to do with the paper while you are performing tasks generated by the paper, and what to do with the paper when you are through with it.
Many have heard the advice to handle a piece of paper only once. Most of the time this is not practical or even possible to do unless you throw out the piece of paper.
The advice that has worked best for my clients is to advance the paper forward one step every time you handle it, until the paper can be filed or tossed. It is also much more time effective to group activities together whenever possible. For instance if you need to make copies throughout the day, rather than jumping up from your desk every few minutes, use a file folder and make copies a few times a day. Fewer trips to the copier can save you both time and energy.
Everyone has a system for handling paperwork, the key is whether the system is working, or not! Some systems are very complicated, but complicated paper handling systems are time-consuming and it is unlikely that you will keep using it, or only use it sometimes.
Five Paper Handling Tips:
Have the following within easy reach:
a garbage bin
a paper recycle container
a shredding container
Play the game "get rid of as much paper as possible".
Reduce the amount of paper and junk mail that you receive.
When you pick up a piece of paper your goal is to advance it forward at least one step closer to being completed.
There are several action choices that can be taken for each piece of paper:
Schedule time to handle the paperwork and not let it pile up.
Whatever system you choose to use you will want to adapt it to your own personal needs and style.
Start with the most current papers and piles of paper first.
Action Folder Tips: To get started you will need several file folders, marking pens and a stair-step file rack or other file holder.
Locate the file rack with-in arms reach of where you sit at your desk of where you sort the paperwork and mail at home.
Clearly mark file folders in large bold writing - use action words, for example.
Add more folders according to actions that you frequently perform.
If you have partners or an assistant that items need to go to, then make folders up for them too that say "To Patty", or "To Jim". They can check the folders for items when you are out of the office, or you can hand the folder contents to them when they walk in.
These ideas can be adapted for roommates, spouses and children in your home.
Once you set up a system some minor adjustments might be needed. The important thing is to NOT let the piles of paper start gathering again. Let's get our papers organized and take back our lives from the piles of paper!
Choosing window drapes for your home or curtains for your office can be a daunting task. Generally keeping a few basic principles in mind will help you cruise along in the selection process. This article is all about choosing the right window drapes for when you go shopping for curtains.
When choosing window drapes for your home or office, the first thing that you need to consider is the degree of formality of the place. This degree will determine the kind of settings you need. As a basic thumb rule, the more formal the place the more simple yet elegant the settings. On the other extreme, places like personal bedrooms can have all the frills that you desire.
An office is definitely more formal than a home. Naturally your office would require a somber setting that sets the mood for a comfortable yet elegant work space.
Look around your office for clues to how you should be setting it up. Is the furniture plain leather or upholstery? Are the walls simple with sober light shade colors like off white, mauve, light pink et all? If so, think no more and go for plain colored curtains to compliment the overall settings of the place.
In case your office is more contemporary and caters to the bright side of things, like in the case of some hotels, restaurants, children schools, educational institutes et all, you can go for bright colors for the window dressings as well. This will go with the overall mood of the place. You can go for colors like bright yellow, orange, red, parrot green or even ink blue as per the settings of the place. Even contrasts look good in such a setting and you could have a kaleidoscope of colors to brighten up the place.
The size of your room will determine the color of the curtains that would look best in your office. In case your office space is small in size, say like a cabin, you should go in for light color curtains. Beige and gray look best in such a case.
In case of a larger, more ornate office, you can afford to have more stark contrasts between your walls and the window dressings. For instance, if you have off white walls, you could go for brown, dark blue, maroon, even bottle green curtains to give a look of richness. Using these bright colors will also tend to cheer you up whenever you are having an off day.
Prints For the Office
In case you a prints buff, there are certain prints you can comfortably put in the office without their looking out of place. Opt for simple designs such as geometric designs, or self motifs in your window drapes. Look for prints that blend well into the curtains. Checks generally do well here.
Avoid too bright a contrast between the print and the background as that will make the wall curtain look garish and ungainly.
So go ahead and choose your curtains carefully. Watch this space for more ideas and basics coming your way soon!
Tip #1 - Add a plant or two.
Give your office a refreshing feel with some green plants. They can provide a necessary contrast, especially when you have a lot of gadgets lying around. Particular types of plants, such as English Ivy, Heartleaf and Philodendron, will improve the quality in your office.
As with all plants, remember to place them near a window with adequate sunlight. Also remember to water them, or they won't be so inspirational.
Tip #2 - Set up a relaxation corner
Offices were not meant to be quiet. But designating an area in your office for relaxation and quite will give you a reason to relax. This can be as simple as small chair in the corner of the room next to your favorite book. It's up to you, just remember to use it.
Tip #3 - Add a whiteboard.
Get those ideas out of your head and somewhere real. After using them for many years it is hard to imagine my office without one. You can keep your daily tasks listed, jot out ideas of your next venture, plan for that big meeting, the possibilities are endless.
Tip #4 - Repaint your walls.
No one wants to feel dull and boring. But most people do this to themselves without even knowing it. The color of your office makes a huge difference to your mood. Choose blue and greens to be relaxed, or bright colors like yellow and orange to invigorate you energy.
It is not an exact science, so go with the colors that reflect you and your working style.
Tip #5 - Have visual inspiration.
In my office there a paintings, photos of my family and inspirational desktop wallpapers. When the days get tough that visual cue of a loved one or favorite photograph will pick you back up.
With the amount of time we spend looking at the computer screen, why not give it an inspirational lift? There are many sites on the internet were you can download an inspirational desktop wallpaper or two. We can spend 8 - 10 hours a day looking at the computer, why not be inspired every time?