Life Management
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Basic Bookkeeping Systems For Your Home-Based Business
Business Bookkeeping for Your Home-Based Business (Part 2) As we work our way through the holidays, it’s a good idea to set up your bookkeeping for the coming year. This way, when you start your business activity for the new year you will be all set to keep track of everything. A basic bookkeeping system for a home based business can be as simple as a notebook or as complex as accounting software. It’s best to keep it simple, at least at first. Get a notebook. You can get a spiral bound book so that you don’t lose pages. I would recommend a book with two sections…
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Money Matters: Business or Hobby?
Is My Hobby Really A Business? “Generally, an activity qualifies as a business if it is carried on with the reasonable expectation of earning a profit.” (IRS Pub FS-2007-18, April 2007) You have been crocheting blankets for years. It is a relaxing activity that you really enjoy. People have offered to pay you to make one for them. You think, “Why not?” Do you intend to start making blankets (or other items) for a profit? Or, do you just want to have your friends reimburse you for the cost of the materials? If you don’t intend to make a profit from your sales then you are engaging in…
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Making Your Kitchen A Gluten-Free Haven
Is it really possible to have a kitchen that can function for both gluten and gluten-free food preparation, baking and cooking? Yes, it’s possible; but it will take a lot of effort and determination to keep your kitchen safe from gluten contamination. Have you ever tried to put a cup of flour into a mixing bowl, only to find it suddenly poofing magically through the air? Soon it will cover your counter, and everything else in sight; everything. This flour dust in the air is easy to breath without even realizing what you have done, and to make matters worse it can float into the tiniest cracks and contaminate things…
