Did you really throw $5000 dollars out the window? I have been running reports for some of my friends and showing them how much they are not getting to spend every single year because they don’t have a business.
Most people think that in order to be in business you have to sell your products to make all your money. The answer is yes you do – but there are other ways to start making money before you become branded as a business. The government gives you lots of tax breaks as a business owner who is trying to build a business.
It is a stream of income you are sitting on right now that you can activate at a very low entrance rate. Most people either don’t know about it or don’t mind throwing $5000 out the window for the government to spend instead of you spending your hard earned money.
There are two tax systems in America. One for the “informed” and one for the “UN-informed”. Most people are apart of the un-informed group and would thank you on payday every month for helping them keep more of their hard-earned dollars on each paycheck…while building residual income.
Keeping more of what you make
Would you like to know how you can keep money in your pocket instead of only getting half of what you make at with your W2 income?
I have a tool I use to get people begging to join me in my home business before they even know what company I am with. Once I show them what they are losing with a super simple calculation they can see with true numbers they give me. It is a no brainer they need and want to join.
While they are learning about the new opportunity they can already rest assured they will make $5000 back by the end of the year in their taxes alone. Meaning they get 100% of the initial investment into the business back into their pocket.
[ctt title=”@angelabrooks Home Business Tax Benefits https://angelabrook.com/Rocket-Your-Recruiting” tweet=”@angelabrooks Home Business Tax Benefits http://ctt.ec/NcZDf+” coverup=”NcZDf”]
Triggers and Emotions
97% of network marketers try to sell sell sell using the big house, cars, watches and dream board to get people into their business with the three emotions of pain, gain, and fear.
People fear getting started in network marketing and failing, they fear to lose the investment money but when they see what they will gain up front for sure with a business it relieves some of the stress.
No matter what business you join you will still have to invest in your skills to get better, to learn the profession and to start making yet another income stream with the network marketing company.
Because I am not a tax adviser I can’t tell you what the deductions are but I use QuickBook App on my phone where I track all my receipts, mileage, products supplies and home utilities for my tax preparer at the end of the year
Tax Savings Estimator
Would you like to get a free tax saving report of how much you can save with starting a home business?
Send me a message with the following numbers to plug in (Contact Message)
Home Office Deductions: What is the an estimate of the following: Rent, Real Estate Taxes, Utilities and Services, Mortgage, interest, insurance. _____ doesn’t have to be exact for this report just get close.
Business Vehicle Deduction: (Car you drive) Estimated number of miles driven in a year_______
Business Travel Deduction: Estimated cost of airfare, hotel, parking and other business expenses_______
Meals and Entertain Deductions: Estimate on how much you spend a month eating out _______
General Office Type Deductions: Telephone, Cell Phone, the Internet, business cards, office supplies, marketing and advertising ______
This will be the best report you have received to show you what a business can do for you. Contact Angela and ask for the three-minute video.
Are you losing $5000 dollars every year and you want to change that?
Let’s get you started! Message me today – getting started is the easy part.
Already in business? Learn how you can teach your new clients to save $5000 a year with this Rocket App. No one will be upset if you show them where they are losing money.
PS: If you enjoyed today’s post “You lost 5000 dollars in the last 12 months” share it with your team. It can change how your business shows up.
Angela Brooks Author
Email: Contact Angela
Blog: Attraction Network Marketing
Facebook Page: AngelaBrooksBiz
Twitter: @angelabrooks
Great post Angela. I loved this. Gh all you for sharing.
Thanks Justin – I am here to serve and help people think deeper about biz
Excellent post this really help me in my financial status.
I feel people understood this one benefit, more people would be listening to the industry
I used to use an app called Taxbot and honestly, showing people how much I was going to save in taxes was a huge plus in the recruiting process. If you are not familiar with that app, check it out, having said that, I think I need to start using it again.
Thanks for these great financial tips! Tracking your finances is equally important as earning money. Thanks Angela!
Great post Angela! This is very important information that needs to be shared as Entrepreneurs were the backbone of America as these tax laws were created in 1913 for Farmers and to help them stay in the game until their business grows.
Thanks for sharing!
Eric Tippetts
Thank you Eric – we work hard for our money – it is nice to see it help us grow
You are welcome. Glad you enjoyed it. People miss managing the money once it begins to come in
I used TaxBox and then I found QuickBooks self-employed and it keeps it all updated on my phone as I go during the year