NLIC.org

Lillian Said:

Does appearance matter while trying to initiate sales , promote/market a good or service ?

We Answered:

2!!!

Hugh Said:

Does someone know the actors name who portrays the cowboy in Los Angeles for the Eastwood Insurance company?

We Answered:

Clint?

Steve Said:

How do I start my Lawn Mowing business?

We Answered:

SCORE is a national nonprofit organization, sponsored by the Small Business Administration of the US. The acronym stands for Service Corps Of Retired Executives.

Retired senior executives volunteer their time & expertise to assist aspiring entrepreneurs like yourself. They will advise on incorporation ( Sole Prop, LLC, S corp ), and inform you about licensing, bonding, insurance, capital equipment and depreciation, employees ( 1099 or W-2 ), and many other areas.

They will also help you with promotion, marketing and sales.

You should also do a rough business plan, visit the www.score.org website, there are templates there. Also, do a cash flow projection. SCORE members will help you interpret these and suggest ways to make it work out.

And, best of all, all their services are FREE.

To answer one of your questions:

The IRS has a test ( 11 tests, actually ) on how to determine if your employee is an independent contractor ( 1099 ) or regular employee ( W-2 ). You should be able to find these test on the IRS website.

Your hire MUST satisfy all tests to be classified as 1099. Some of the test include: Do you tell him/her where to go, and when to go, to a job? Do you specify the length of time he/she must take to finish the job? Do you supply the tools, or does he/she?

From the description of your business, it is highly unlikely that you can hire them as 1099. If you do, you run the risk of being heavily fined by the IRS or Franchise Tax Board ( and they will eventually audit you, from my own experience. ) Further, you may run the risk of your license being pulled.


Anyway, do go and check out SCORE. You will find lots of helpful material there.

Anne Said:

How does Geico afford commercials during almost every single program on TV 24/7?

We Answered:

1. During the day is cheapest time to advertise.

2. The commercials themselves are cheap to make.

3. They are popular, so they probably get special packages that don't cost as much.

4. I'm totally guessing, but I find that if you number things it makes it look more professional even if what you are listing is total BS. haha