Mistakes Made In Finding Products To Sell: How My Wife Lost Her Favorite Hobby

One of the pieces of entrepreneurial advice that I hear the most often is to start a business based on something you are passionate about. Pick a niche based on something you enjoy doing and turn it into a business. Whenever I hear this advice, I start to roll my eyes because it’s not that simple. Sure, passion is important, but passion comes with the territory once you starting kicking butt. Passion comes naturally once you start seeing some traction and progress. The problem with picking a business idea based on what...

Online Store Products, Services And Tools I Recommend

Since I commonly get asked what services I use for my online store, I thought it would be useful to create a resource page that details every product, tool and service I recommend. If you are thinking about starting an online store in the near future, you should bookmark this page for your reference and convenience. Enjoy!Web...

Do You Need Small Business Insurance With An LLC Or Corporation?

I received a question from a reader the other day in regards to whether small business insurance is necessary for a business even if one is protected by limited liability via an LLC or corporation.Specifically, he wanted to know whether it was worth paying for insurance for a pass through entity like an LLC or S Corp which carries no profits within the business. Whenever someone asks me this question, I always say yes no matter the nature of the business but it largely depends on your risk tolerance. Especially if you are running a business in the...

How To Attract Customers To Your Online Business Or Ecommerce Store

Marketing your online business and learning how to attract customers to your ecommerce store or sales page is much harder than marketing a blog or any other type of website. Why? It’s because no one really cares about your business. Nobody really wants to know what you have to sell and no one likes being led to a sales page. Even if you think you’re offering the most magnificent products ever, by default people are going to ignore you unless they know who you are. Editor’s Note: If you are interested in learning how...

What Is The Cheapest Shipping Option – USPS, FedEx Or UPS?

It has been a while since I’ve done a competitive analysis of the various shipping carriers so I thought I’d do a quick update. With the United States Postal Service jacking up their rates every 4-6 months, what used to be the most economical shipping method is now priced inline or even more expensive than some of the more reliable carriers like UPS or FedEx. Editor’s Note: USPS just announced a fairly large price increase for 2019 and this post reflects those updates Because there are so many different shipping variables and options to choose from, it’s difficult to make...

How Much The Average American Can Save On Taxes By Having A Business

Many would be entrepreneurs hesitate to start their own business because they think it is too risky from a monetary perspective. In fact, most people don’t think starting a business is even worth trying unless they can come up with a grand slam profitable idea. Of course profitability is an extremely important factor with any business, but what if I were to tell you that you could save a decent amount of money every year with your business while only making a small profit or none at all?That’s right! Most people don’t consider the tax...

6 Ways To Speed Up The Loading Of Your Website

Your website could be the most beautiful site in the world but it does you no good if it takes forever to load. Let’s face it. People are impatient and a slow website prevents potential customers from completing their purchase. When I go online shopping, I expect pages to load at worst within 5-10 seconds. Any longer than that and I get antsy or I leave the store altogether. Sure, some people may be more patient than I am but why take the chance? Play it safe and make your business website as...

Breaking Down The 100K A Year Barrier With Your Small Business

Several of my friends and acquaintances that follow MyWifeQuitHerJob.com find it hard to believe that our online wedding linens business can possibly make 100 thousand dollars a year in profits for selling to such a tiny niche. And they are correct. We don’t make 100K a year. We make much more than that now that our business has expanded and we are more established.Photo by Borman818While a six figure profit number might seem like a lot of money at first, getting to 100K a year is actually not an insurmountable task when you look at the number...
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