Choose a Business which is suitable for your Education & Experience
rather than you fall into any Business Easily Available!
Business Business Structure Tax Benefits Expansion
What is My Business?
Earning from Employment, Business, and Investments means Business
- Employment: working for company to earn Salary.
- Professional Practice: Practice Medicine, Law, Accounting, Engineering Services for salary & fee
- Business: Trade of goods & services: Retail stores, Restaurants, and Clothing stores
- Broker/Agent service: To earn Commission income work as: Real Estate, Insurance agent & sales man
- Education, Administration & Management: Teachers, professors, administrators work for salary or fee at School, College, University, & Administration departments.
- Finance & Money services: Work for salary or fee at Banking, currency exchange, stocks/bonds/commodity trading companies
- Arts, Entertainment: Music, Singer, Actor, Dance, TV show Story Writer, Movie producer, Cinema to earn Profit or Royalty
- Construction, Mining, Agriculture, Forestry: Trade of goods for salary or profit
- Manufacturing & Processing: Trade of goods & services for salary or profit
- Fund Investment: Trading stocks, Commodity & Mutual funds to earn Dividend, Interest & Capital Gain
- Real Estate Investment: Own properties to earn Rental Income Capital Gain
- Non-Profit Organization: Religious, Political, Athletic, Club, Foundation: Work for Salary or Volunteer services.
- Government Services: Town, City, Province, Federal Including police & military: work for Salary.
Choosing the Right Legal Structure to Start-up a Business?
- Limited Company [CCPC]
- Professional Corporation
- Proprietorship & partnership entity
- Limited Liability Partnership [LLP] better option than a regular partnership
- Corporations pay Low Taxes!
- Many Tax Advantages on passive Income!
- Dividend gives great Tax Benefit!
- A good business gives income for generations. as little as $1,000.00 a month is a lot of additional money!
- It is endless revenue once the business runs on a properly planned path
- It is an endless challenge too, good guidance and market strategy necessary
Me and My Business
My Employment Made Me Rich?
- Employment is a Creator of Many Business Giants
- Employment is a Starting place of Many Business Executives
- Employment is a Driving force of Challenger’s Life
- (some people don’t like to wok for employer, finally end-up starting an own business and operate successfully)
My Business Drives Me Crazy?
- Investors must understand there is No Clear Direction for “How to Get Rich”
- Many Investors think Doing Any Business Makes the Owners Rich
- Many want to earn Quick Money
- Many do not know How to Operate Business
- Many do not know the Meaning of Opportunity Cost
- Many do not want to know Diversification & Alternatives
- Many do not want to get advice from professionals
- Many get advice from professionals but do not follow the advice.
My Money Makes Me Sick?
- Many do not know what to do with the earned money
- Many know how to earn money but do not know how to use it wisely
- Many know how to save, but do not know how to generate income from it.
- Many don’t know how to handle money; they give the money to someone; think he is trustworthy and expect an Income or Interest finally to lose their hard-earned money.
My Accountant, is a Business Analyst, Never Helped Me?
I Am Right!
- Many Investors rely on others to run their business.
- Many think in the future they will earn profit, even though currently their business is running at a loss
- Many think sales are profit, without accounting for the actual net income
- Many do not know how to operate a business profitability, but continue running the business
- Many think that they know everything and they never listen to the professionals’ advice
Saving is necessary to Invest:
Saving a dime from every one hundred dollars! is a good plan
Buying a lotto out of it!
It’s a one out of one millionth chance to become millionaire
Online Gambling or stock trading! to become wealthy?
That magic doesn’t happen to many people.