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The Business of Working Online

Daveybot / Foter / CC BY-NC-SA Do a quick search on your favorite search engine, and you’ll find dozens of ways to “make money online,” and thousands of people who are doing it. You’ll also find plenty...

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The Importance of Maintaining Separate Business Accounts

futureshape / Foter / CC BY Nearly every small business owner has done it. Your business starts out so small – really only a hobby that you hope earns its keep – that you put no thought into paying...

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Choosing a Business Structure for Your Online Business

s_falkow / Foter / CC BY-NC One of the things that attracts people to online business is how easy it is to get started. Buy a domain, set up a hosting account, install WordPress and you’re in business....

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The Mysterious EIN

DonkeyHotey / Foter / CC BY Don’t let the name fool you. EIN stands for Employer Identification Number, but you don’t have to have employees to need one. In fact, even if you never plan to have...

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PayPal – the Payment Processor of Choice for Online Businesses

iliveisl / Foter / CC BY-SA Once upon a time, if you wanted to receive payments online, you had to apply for a merchant account, coordinate that with your bank, and pay the associated fees. Today,...

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The Whys and Hows of Tracking Business Expenses

tychay / Foter / CC BY-NC-ND Like any business owner, when you run an online business you have to keep good records of your earnings and expenses. Not only will the IRS want to know how much you made...

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