The Business Of Business!

The Power of Residual Income:

Earning a residual income is like earning interest on money in the bank. You get paid whether or not you get out of bed in the morning. Just earning a residual income of $200 per month means you have saved $48,000! Many people achieve this within their first 30 days in our business.

For instance, to create a monthly residual stream of $1000, it would take $240,000 in the bank, earning 5% interest. And that's just the beginning. To earn $5,000 per month, it would require more than $1,000,000! Nowhere else can an ordinary person create this type of income and enjoy an extraordinary lifestyle, without having to actually have the money in the bank.

Tax Savings There are 2 very distinct sets of tax laws in the America: one for employees and one for those who are wise enough to be in business for themselves. As a home business owner, you are entitled to tax breaks and deductions that most people will never get if they just work for someone else. These deductions include some things that you are already paying for every month.

Starting a home based business allows you to maximize these tax deductions so you can keep more of what you earn, putting hundreds, or even thousands of dollars back into your pocket. Keeping more of what you earn is essentially like giving yourself a pay raise! Would extra cash back in your pocket benefit you and your family?

“The light at the end of the tunnel is the financial opportunity that starting your own business offers. Every North American taxpayer who works a full-time job and does not,” here’s the key word, “and does not have a side business is probably overpaying taxes in the tune of $3,000 to $9,000 a year.”

- Sandy Botkin, former IRS tax attorney, CPA, and leading Tax Advisor

What kind of expenses can you legally and ethically write off?

Mortgage or rent (yes, RENT can be deductible!)
Family Vacations *
Family Health Care Costs
Heating, Air Conditioning, Electricity, Etc
HOA dues
House cleaning
Exterior painting
Security alarm
Major Home Repairs
Gas Mileage and Car Repairs

* Even "Vacations" may be deductible if you plan them properly. If you know the laws, you can combine business with travel and deduct 100% of your travel costs, 100% of your hotel, 100% of ground transportation, 100% of tips and gratuities, and 50% of your meals -- all as Business Expenses.

My grandfather always told me "Make your advocation & vocation, one and the same, and you'll never work a day in your life!"

Enjoy Life !

KINGDOM !