What do YOU need to Start a YOUR OWN Business

So your fed up with your job and want to be your own boss.

What do you do?

Well ProSolutions is going to tell you what needs to be done so you can be your own successful boss.

We understand that starting a business is a lot of work, here are 10 easy steps to starting a business

Step 1: Write a Business Plan

Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully.

Step 2: Get Business Assistance and Training

Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business.

Step 3: Choose a Business Location

Get advice on how to select a customer-friendly location and comply with zoning laws.

Step 4: Finance Your Business

Find government backed loans, venture capital and research grants to help you get started.

Step 5: Determine the Legal Structure of Your Business

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.

Step 6: Register a Business Name (“Doing Business As”)

Register your business name with your state government.

Step 7: Get a Tax Identification Number

Learn which tax identification number you’ll need to obtain from the IRS and your state revenue agency.

Step 8: Register for State and Local Taxes

Register with your state to obtain a tax identification number, workers’ compensation, unemployment and disability insurance.

Step 9: Obtain Business Licenses and Permits

Get a list of federal, state and local licenses and permits required for your business.

Step 10: Understand Employer Responsibilities

Learn the legal steps you need to take to hire employees.

 

**If you need any help or have any questions, please feel free to contact ProSolutions at contactus@yourprosolutions.org

It’s Never Too Early To Talk About Tax Season

It’s the end of the year and while for many the end of the year means holiday shopping, dwelling bank accounts, and lots of family time for others its the knowledge that tax season is pretty much around the corner.

I know what you are thinking, its December 19th..why would I care about Tax Season? Well, we at ProSolutions want to make sure everyone is fully organized BEFORE the April deadline.

Here are list of tips that ProSolutions has to offer.

1. Review last year’s tax return — and use what you learn to maximize your 2012 return

A thorough review of your 2011 tax return potentially could identify some overlooked deductions or credits that might reduce your overall tax liability, taxable income not reported, or errors that would require the submission of an amended tax return. Additionally, if you find any overlooked deductions, credits, or errors during a review of your 2011 taxes, be sure to correct these oversights as you prepare your 2012 tax returns. Don’t miss out on money that’s owed to you two years in a row.

2. Claim all eligible deductions

Did you take the standard deduction versus itemizing deductions? Choosing to take the standard deduction is the easiest route when it comes to tax preparation. However, is convenience worth possibly paying more in taxes than necessary? Or perhaps you thought you didn’t have the necessary qualifying expenses to itemize.

Whether to itemize deductions on your tax return depends on how much you spent on certain tax-deductible expenses. If the total amount spent on qualifying medical care, charitable contributions, taxes, student loan interest, miscellaneous deductions, mortgage interest, or casualty losses is more than your standard deduction, you usually can decrease your tax liability by itemizing

Last but not least,

Get Organized

Before you get started, it helps to gather all important tax documents into one location. This may be simple if you are already an organizational fanatic. If you aren’t, then now is the time to gather all your important documents and develop a system that works for you. Designating file folders or large envelopes for each specific topic is just one of many options.

Devote one afternoon to doing this now, and save yourself the headache of frantically searching for the records at the last minute. The IRS provides guidance on the types of records to keep, including records related to income, expenses, your home and your investments.

 

If you do not want to deal with the IRS, let ProSolutions help!

If you need help organizing your financials visit http://www.yourprosolutions.org and simply email us.

 

Happy Holidays 🙂

Marketing and ProSolutions

Most startups don’t really have a comprehensive strategy for generating buzz and marketing. To a degree, this is understandable — they’re focused on building the product. And the strategy of “build a product people want to talk about” still holds plenty of water. Build something people really love and that might be all the marketing you need.

Chances are, even with a product people love, you’ll need to generate buzz. Here are 5 tips and tools for marketing your startup:

  1. Build Up Your Own Profile. Many of the most-talked-about startups are run by people who are high profile. These are people who work very hard to build their own personal profiles and brands. They’re promoting themselves as a means of promoting their companies.Focus on building trust, reputation and thought leadership, even at a small scale, and you’ll see results.One of the masters of this approach is Mitch Joel. He’s everywhere in the web marketing scene and that provides incredible exposure (and you can be sure business) for his company Twist Image.

    You don’t want to run a faceless startup.

  2. Participate Locally. In Silicon Valley where the startup ecosystem is so strong, this may not be an issue, but elsewhere startups aren’t participating enough at a local level. Sure, your client base isn’t exclusively local (or based there at all) but participating locally within the startup community has many advantages. Primarily, you’re building goodwill amongst your local peers; people who are more inclined to help out for the heck of it, to see a local success story. You’re building up friends, ones you’ve met face-to-face, who can spread the word, create buzz and provide leverage for further marketing efforts down the road.
  3. Start a Company Blog. There’s really no reason you shouldn’t have a blog. Yes, everyone and their cousin’s dog is blogging, but it remains an effective way to build buzz. Company blogs are interesting because they don’t just represent the voice of a single person; they represent the voice of a company. This is certainly different from a personal blog, and even different from many business blogs run by consultants, freelancers, etc. There are plenty of great examples of company blogs, including Demand Satisfaction! and Voodoo Ventures.
  4. Use Video. Video is hot, there’s no two ways about it. And startups can use video quite easily to get viral attention. This approach is more “shot in the dark” than a blog (which really should be a long-term, organic marketing strategy) but it’s worth trying. Connected Ventures kicked ass with their lip dub video. Humor works best, as we see with the Freshbooks video job ad. The guys at Thoof did a great job with an Apple spoof ad, comparing themselves to digg.
  5. Submit to Startup Listing Sites. Certainly, getting on TechCrunch, Mashable, CenterNetworks or one of the other big blogs that cover startups is great, but there’s no shortage of smaller players in this space that can build awareness and drive traffic. For example, KillerStartups allows anyone to submit a startup, and the community votes on it. I’ve heard several good reports of the traffic it can send. Other sites include Go2Web20, Listio, Simple Spark, StartupSquad and Feed My App.

One of the biggest challenges in marketing and generating buzz is to sustain it. Very few companies can ever accomplish this. Instead, they make some noise at launch only to disappear shortly thereafter. If you have a consumer app (like FaceBook for example) that gains popularity and continues growing quickly, you have a good chance of sustaining and even increasing buzz, because consumers will keep talking. But this is a rare case, indeed.

Don’t just think about generating buzz and marketing at launch — think about how to sustain and grow your marketing efforts over time.

Quick Tip: Shortly after launch (whether in alpha or beta or “for real”) make sure you have a fairly major product announcement. Give it 2-3 weeks and then announce major feature upgrades. That will give you a chance to catch the fading spark of buzz you generated at launch and turn it into a second firestorm.

Three headed monster!

Have you ever seen a three headed monster that can’t be tamed. That’s what prosolutions is, a three headed monster that is here not to destroy , but to supply top of the line services. Prosolutions three extraordinary services that we offer happen to be , bookkeeping, marketing, and last but not least , Business Start up.
Bookkeeping
We at ProSolutions know how important bookkeeping is to any company, so we offer different packages to meet your necessary needs to succeed and manage your company.
Marketing
Marketing is an industry that is always revamping and recreating itself. ProSolutions prides itself on being ahead when it comes to giving our customers an advantage to marketing their company.
Business start-up
Business start-up is a new venture that we take pride in. We take your dream and we make it into your reality. ProSolutions helps you with every necessary step to get your company registered, and set your companies road to success!

So please visit the website Yourprosolutions.org and follow us on twitter.

20120818-092036.jpg