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Set aside self employment taxes

Business Success Tips

Running a small business that reaches success can at times be difficult, but not impossible.
Set aside self employment taxes

When youre an employee, your employer withholds roughly 15.3 percent of your income to fund Social Security. You pay half out of your pocket, and your employer covers the other half. When youre self-employed, you shoulder the entire amount. You dont have to make quarterly payments to cover the tax, but you can avoid getting stung at tax time by setting aside funds to cover those taxes.


Test and measure everything
Target
Start socializing
Focus on sales and marketing manically
Be Creative
Get Organized
Stay Focused
Celebrate success
Get a coach
Keep Detailed Records
Think hard about whether insurance is necessary
Accept that learning more equals earning more
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