Why Ideal Goodness...
1. We build your business for you. As an Ideal Goodness member we guarantee we will sign up new members in your team each and every month or you pay us nothing. You don’t have to talk to anyone or sell anything ever and your income will continue to grow each month.
2. Put $3 in your pocket for every dollar $1 you spend. Learn the secrets of the wealthy and how to use your tax dollars to feed humanity and build personal wealth at the same time.
3. Help feed humanity. If someone offered to give you $3 for every $1 you spent to help feed humanity and those in need, would you? Every 3.6 seconds someone in the world dies of hunger and 75% of those are children. Let us show you how to use tax dollars to feed humanity and earn extra income for yourself.
10 Steps to Start Your Own Business
Step 1: Sign up with Ideal Goodness.
Step 2: Choose a business name.
Step 3: Open a new checking account at your bank. Do not use a business checking account as they are often more expensive and have additional reports that are not needed for a small business. Use a free personal checking account with a DBA "business name" as the name. Use this account ONLY for business purposes. All deposits should be business revenue and all checks should be business expenses.
Step 4: Develop a method for tracking and recording all expenses and retaining documentation, invoices and receipts. You can use a shoe box or a sophisticated computer. The goal is proper tax compliance and detail record keeping is all that is required regardless of the system.
Step 5: Print out a Schedule C from the IRS website and be familiar with the types of business expenses available.
Step 6: Purchase a dedicated phone line or mobile phone for business use (or track the portion of your personal phone that you use for business).
Step 7: Purchase a new computer (or track the portion of your personal computer that you use for business).
Step 8: Purchase a daily log book to record all business-related mileage and keep it in your car. Every mile driven in the pursuit of business activities is a $.50 expense on your Schedule C.
Step 9: Subscribe to an online service provider (or track the portion of your existing service that you use for business).
Step 10: Purchase business cards with your business name, mobile phone and email address.
(Disclaimer: These steps are not provided by attorneys or CPAs and should not be considered an authoritative source of tax or business advice. Please consult a professional for legal and tax counsel.)
