Best Home Based Business Marketing Tip – How Great Flyers Can Equal a Boost in Your Profits

Marketing Methods

After you’ve decided to start a home based business, one of the initial challenges may be getting the word out about your new venture. Obviously, the key to exposure is marketing and advertising. This is true whether you are operating small, one-person operations or a larger scale network marketing business. When you’re looking for the best home based business marketing tip, you may have to start with something simple like making serviceable flyers.

Flyers

At one time or another almost every business has made use of the marketing flyer to promote their business and its products. Today, it is very simple to make a decent promotional flyer. You can choose from a variety of templates available with different software and on the internet. In some cases, you may have to pay for a flyer design, but this is by no means necessary.

Flyer templates can be found everywhere these days. There are designs available for every occasion and for every possible use. This makes it very easy to find something suitable for your business needs. As a starting point, you might find a flyer template on sites such Microsoft Office’s template site, StockLayouts.com, FlyerTemplates.org, and other specialty sites. These can all be downloaded and customized for your purposes.

System Compatibility

If you’re using one of these templates to create your flyer you must make sure that you have the right software. Most of the templates you find on the web are designed specifically for particular operating system. You need to have the right one – or at least something compatible to even open it. It could be delivered as an MS Word file or an Adobe PDF. Naturally, if you can find a flyer made in Word you’ll have an easier time customizing it. All it will require is filling in blanks, editing other settings, and perhaps adding relevant images. Then you should be ready to print it out. PDF files require some sort of editor program to make changes. This could cost you money unnecessarily.

If you want your business flyers to look professional, the choice of printing method will be a big factor. For some small home based businesses, a home printer is the most affordable option. There are a wide selection of high quality printers including those made by Lexmark, Brother, and HP. It may really be a matter of what you already have though. In other instances, you may have the resources to get a larger quantity of flyers printed at a local print shop. You might need to ask around to see who gives the best deals and does quality work. Regardless, this may be the best home based business marketing option for you.

Do It Yourself

You don’t need to possess serious computer skills or be a graphic designer in order to create great business flyers. You really don’t have to spend all that much time on them to make something that will do the job you need accomplished. Naturally, the type of flyer you produce will depend on the form of your business. Some flyers have to pack in a lot of information in a concise format to get the word out effectively. It may not be the best home based business marketing option for your situation, but it is a still an effective strategy for most ventures.

Tax Time: Tax Reporting Requirements for Property Managers

The beginning of each calendar year is a very busy time for many businesses, and Property Managers are not left out of that category! Whether you are a large Property Management Company or an individual Property Manager, this is the time when all tax forms should be issued for funds paid out to Rental Property Owners or Vendors during the previous calendar year. The form that is used to complete this task is the 1099-MISC, and this form must be submitted to the recipient and the IRS by a specified date each year. When 1099s are submitted to the IRS, they must be accompanied by a summary form, Form 1096, to meet the tax filing requirements.

- Why is the 1099-MISC necessary?
The IRS uses 1099s to monitor any income source that is not filed on a traditional W-2 form, which only shows income received as a salary or wage. This is a way in which the IRS captures any income received by an independent contractor or rental property owner that may otherwise go unreported. A Property Manager or Property Management Company is acting as a reliable source for the IRS to help enforce that all income is being reported.

- Who should receive a 1099-MISC?
• Rental Property Owners – all rental property owners that have received $600 or more in rent disbursements in a given calendar year should be issued a 1099-MISC.

• Vendors – all independent contractors or vendors who are unincorporated and have received $600 or more in a given calendar year for services provided should be issued a 1099-MISC.

- When does a 1099-MISC NOT need to be filed?
Every situation has exceptions, and tax filing and reporting is no different. Here are some of those exceptions:
• If the total payments to a rental property owner or vendor are less than $600, a 1099-MISC does not need to be filed.
• If a rental property owner is a corporation, a 1099-MISC does not need to be filed.
• If a vendor is an incorporated business, a 1099-MISC does not need to be filed.

- What information is required on a 1099-MISC?
• Tax ID # – this can be an individual’s SSN or an EIN for an unincorporated organization.
• Address – this is needed for the 1099-MISC to be sent to the recipient.
• Funds Paid – this includes a total of all income paid to a vendor or individual rental property owner during the previous calendar year. (Remember, only if the total is greater than $600)

- What boxes are used on a 1099-MISC to report income?
• Rental Property Owners – all income collected that was for rent should be reported in box 1 “Rents” on the 1099-MISC. Any additional income paid (late fees, utility bill reimbursements, NTQ fees, etc.) should be reported in box 3 “Other Income” on the 1099-MISC.
• Vendors – all payments made for vendor services should be reported in box 7 “Non-employee Compensation” on the 1099-MISC.

It is also good practice to send all rental property owners a copy of their financials for the previous calendar year so they can see where the amounts in each box on the 1099-MISC were derived from.

Not filing 1099s when required can lead to penalties and fines by the IRS, so it is very important to keep accurate records of amounts paid to each vendor and rental property owner and request any necessary forms that you may need to file the tax forms to be compliant in this process.

Teens Can Make Easy Money by Starting a Home Based Business

Do you believe that even the teens can make easy money by starting a home based business? What is the best home based business for a teen? Most importantly, the teens could have fun while exploring this home based business idea. They will have fun while making money.This peculiar business model is “Internet Marketing via Affiliate Program”. Internet Marketing is a form of marketing of products or services by using online means through the internet. Affiliate program is a program where you could make commissions from promoting the merchants’ products or services through the internet. You could get all the products from the affiliate networks and you may promote as many products as you wish.Now you tell me, which teen does not have a computer nowadays? It is impossible for a teen to live without having an internet connection. Most of the teens are exposed to the World Wide Web. It is pretty easy for a teen explore this. Internet Marketing via affiliate program is the easiest and quickest way to make money online. This is one of the popular online businesses models for beginner internet marketers.A teens could start a home based business of Internet Marketing via Affiliate Program and start earning easy money online. With the present online opportunities, a teen could start his online home based business within weeks or even days and start to earn easy money online. They just need to enjoy posting on their blogs and write something they love and have fun while enjoying the journey of making easy money online.By leveraging on the present online opportunities, for example, blogging, affiliate networks, article marketing, etc, a teen does not need to invest a single cent to start the home based business. If it fails, the teen could easily start a brand new online business again at anytime and anywhere. Now, you should be able to see why a teen should venture into internet marketing via affiliate program and start earning easy money online.