What Do You Need to Form an LLC?


Forming an LLC is a good option for entrepreneurs who are considering starting their own business. This entity type will provide a business owner with protection from any lawsuits, debts of the business or other indiscretions. To have the protection an LLC can provide, certain documents must be presented to the state government before business dealings begin. When you apply for an LLC online, you will need to submit certain documents to begin this process.

Articles of Organization is the first document you must present, and this is the foundation of your LLC. Before filing, you will need to choose the name of your business and register it with the state where business will be conducted. The form requires the business name, address, and names of the members who will be considered owners.

An ein number virginia will also require an LLC Operating Agreement. This document will structure the processes of the LLC for completing services and will detail how the business should proceed in certain instances. This will include how shares are to be handled after the passing of an owner or when an owner leaves the business. The agreement should also include information on how much responsibility that each individual owner will have plus their duties and power within the company.

This agreement should also provide an outline of how profits and losses are to be distributed and planning guidelines for succession. Once this agreement has been signed, an active and binding contract is created. If the terms of the agreement are not upheld, then the member who breaks the terms will be in violation of the contract and legally accountable for their actions.

Preparing your business properly to function as an LLC will ensure your new venture starts on the right foot. Visit ein number colorado to begin the process easily from home or the office to get the ball rolling on setting up your business as an LLC.

Some Guidance To Help You With Personal Finance

Managing your money can be tough. It’s easy for the many expenses the world throws at you to become overwhelming. But there are ways to start improving your financial situation, whether you’re earning a huge six-figure salary or minimum wage. It’s not all about your earning potential; it’s about how you spend that money. And there are many ways to save money in life if you search around. Here’s some guidance to help you with personal finance.

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Set yourself a proper budget.

Budgeting properly is difficult, but it’s an absolute necessity. It requires self-discipline and, most importantly, a detailed spending plan. You might know how much you earn every month, but do you spend a fixed amount, too? You might make sure you spend within the limits of your earnings, but this doesn’t necessarily mean you’re making the most frugal or fiscally responsible decisions. Start by adding up the cost of your basic expenses. You need to set aside enough money for groceries, utilities, rent, and other essentials. Once you’ve worked out how much you need to set aside on a monthly basis to afford those necessities, you’ll know how much disposable income you have.

Of course, you can increase your disposable income by making smarter purchasing decisions. For example, you should start using comparison sites to weigh up your options when purchasing goods and services. If you shop around then you might find that there are cheaper deals out there on phone contracts, flights, and other big expenses. It’s easy to opt for the most well-known brand, but you should always compare deals in the market. Every small saving really adds up.

Learn to build up good credit.

Believe it or not, debt can be a good thing. It’s just important that only build up manageable debt; the key is being able to pay it back on time. If you can do that then you’ll start to gain a good credit rating, and that’ll make it easier for you to take out loans in the future for things such as house or car purchases. The type of credit card you have is important, too. Different banks will offer different rates depending on the type of deal you need. If you’re wondering “what is a good APR for a credit card?” then you should do some research. That’s a very important thing to know. The crucial thing is that you only take on debt you can pay back. If you do that then you’ll start to boost your credit score, and that’ll help your overall financial situation.

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Always look to the future.

Lastly, you need to save your money for the future. We talked earlier about reducing your necessary costs so that you could increase your available income on a monthly basis. This isn’t just to increase your spending potential; it’s to increase your saving potential. The more disposable income you have, the more money you’ll be able to put in a savings account for the future. And it’s important to do this as soon as possible. You need to think about your retirement and possibly even a college fund for your kids. Always look to the future, and you won’t have to worry about your personal finances.

4 of the Most Flexible Jobs for Working Moms


As a busy single mom, you play every role imaginable in your household. From the main parent and chauffeur to breadwinner, nurse, confidant, counselor and more, you are on the go 24/7/365.

Because you have so many responsibilities—and, as your kids are getting older, they are getting busier—the traditional 9 to 5 job is not really happening for you. You want to be there for your kids as much as possible to take them where they need to go, to help them with homework and to volunteer in their classrooms. You also are trying to avoid costly childcare as much as you can, which chips away at even the most generous salaries.

Here’s some good news, amazing mama—there are a number of jobs that you can choose from that offer plenty of flexibility in when and how often you work. For example, check out the following ideas:

Own Your Own Business

If you have always wanted to own your own business, consider doing direct sells. Amway offers hard-working and devoted moms like you the opportunity to become an Independent Business Owner and work on your own schedule. Partnering with an established company like Amway, which has been around since 1959, is a smart move for working moms. To get you started, the company offers Amway Education that teaches you all sorts of skills to be sure your at-home business succeeds. Until your Amway business builds and becomes more lucrative, you can combine it with your current job or some of the other ideas below; the beauty of Amway is that you can fit it into your family’s schedule.

Consider a Career in Real Estate

Real estate agents are usually able to set their own hours but do have to work some nights and weekends. If you have access to last minute child care (think next door neighbor babysitters), real estate may be a great option for you. Kapre.com is a great resource that explains how to go about getting your real estate license—fortunately, there are online options that can be done from home. In addition to being a realtor and helping clients buy and sell homes, you could also consider a career as a real estate appraiser. Both jobs tend to have reasonably flexible schedules, offer great benefits and good salaries.

Be a Virtual Assistant

If you are highly organized and have great verbal and written communication skills, working as a virtual assistant might be a great career option. You will typically need your own computer with a high speed internet connection and a home office that is quiet and free from distractions. As Payscale notes, the average pay is over $15 a hour, and the hours are usually very flexible. Some of the main duties as a virtual assistant include writing and sending emails, placing calls on behalf of your clients, organizing travel for executives and returning calls from potential new customers who want to know more about the company.

Do In-home Day Care

If your children are not currently involved in any extra-curricular activities and you adore taking care of other kiddos, in-home day care might be a great option for you. You can get paid to watch children in your home and/or offer after-school care. Start by looking up the state licensing rules on Daycare.com. Once you get everything set up start advertising your services—you will probably find plenty of parents who are looking for affordable and caring day care or after-school care for their children.

It is reassuring to know that you can bring in a steady income, find work that you enjoy and still be there for your kids and their many needs. Not every job is set in stone in terms of its schedule, and there are plenty of options that do not require you to spend 40-plus hours a week in a brick and mortar building. From direct sales to real estate and more, the flexible options are definitely there for you and your family.

Things to Know Prior to Obtaining a Reverse Mortgage

If you own your own home, you may be considering taking out a mortgage on it. However, a traditional mortgage may not be right for you, especially if you are 62 or older. Once you reach retirement age, your income is likely to be lower than it used to be. Therefore, you may have difficulty taking on the extra burden of a regularly scheduled mortgage payment. An alternative available to retirees or those of retirement age is a reverse mortgage. Here’s what you should know prior to obtaining one.

A Reverse Mortgage Can Pay You Continuously

If you so choose, you can be paid by a reverse mortgage. In other words, your reverse mortgage lender will give you monthly payments. Therefore, it will be similar to replacing a portion of the regular paychecks you were receiving when you were working. The advantage of taking out a reverse loan and getting those payments is you will be able to cover monthly bills after you retire. However, you can only borrow up to a certain amount. When you reach that limit, the payments will stop.

A Reverse Mortgage Can Also Pay You in Other Ways

When obtaining a reverse mortgage, you do not have to request monthly equal payments. You can opt to be paid in other ways. For example, you may choose to start a home equity line of credit. If you do so, you will be able to get funds from your reverse mortgage lender when you need them, similarly to using a credit card for select purchases. Alternatively, you can request one large reverse mortgage payment. That might help you cover a major unexpected home repair, medical or other expense.

How Much You Can Get from a Reverse Mortgage

One thing you may be wondering about is how much you can get from a reverse mortgage in total. There is no simple answer you can determine on your own. Your lender will have to use a reverse mortgage calculator to figure it out. The final terms of the loan will be set based on the results.

The purpose of such a tool is to calculate the equity of your home by comparing many different factors. Also, the amount determined by a reverse mortgage calculator must take government caps on percentages that can be borrowed into account. The total value of your home may be influenced by the economic state of the area and the condition of the home itself, among other factors. Your lender will let you know how much you can borrow after making all of those calculations.

When Repayment of Reverse Mortgage Funds is Required

The short answer to when you have to pay a reverse mortgage back is it depends on your goals. The total loan balance will not be due until you move out of the home. At that time, you can opt to not pay the loan balance at all. However, if you do so, the home will be sold. If you want to pass the home on to a family member or friend, you must pay the balance within a short time after vacating the property or before you leave it. Also, be aware reverse loan balances can get quite high because interest will continue to accumulate during each of the years you live in the home after the agreement is signed.

Online Shopping Hacks to Save You Money


If all my past romantic relationships were like my experience with online shopping, then I’d be deliriously happy. Sadly though, I have yet to strike gold in the romance department. But at least, I have been successful so far with shopping online.

Curious about how to safely shop online and grab some internet deals? Then read on for my tips:

Keep track of price drops. Add your favorite items to your wishlist, and you’ll get alerts from the online store when the price for your desired item goes down. That would then be the perfect time to swoop in and buy it.

Use coupon codes. Ah, the sheer bliss of magically slashing prices off the items in your cart! One way to quickly find working coupon codes is to simply type the brand of the item with the words “promo code” in the Google search bar. You’ll then get a list of verified coupon codes of the product you want.

Stay in the loop. Remember to follow the social media pages of your favorite online store, so you don’t miss out on promotional deals. You can likewise subscribe to their newsletter, so you’ll get regular promo updates through email. It always pays to be in the know.

Safety is king. The last thing you want to do is fall prey to internet thieves. So whenever you go on any online store, make sure that it says “https” at the beginning of the site url. This assures you that you are entering a secure site.

I hope that the above tips help you enjoy a seamless and money-saving online shopping experience. At the end of the day, nothing beats scoring an awesome deal on your prized product.

Do you have any more tips or helpful hacks on online shopping? Please feel free to share them in the comments section below.

5 Smart Ways People Are Creating Wealth in 2018

Creating wealth isn’t something that you are going to do with your full time 9-5 job. Sorry to say. It doesn’t matter if you get paid a fair salary, or even more than fair. Wealth usually refers to being financially free, having more money than you can really use – and not having to work all that much to keep it up. If you’re constantly swapping your time for money, one day you’re going to become tired and old. You may not be able to give up as much of your time, or any time at all. You may not have any time left. Then what will you do?

Building wealth is something you are better off working towards earlier on so you can relax later. It takes time, but it is more than worth it. So, how are smart people creating wealth in 2018? Read on for 5 techniques:

1. Finding Places To Invest Their Cash

Investing your cash slowly but surely is one of the best ways to become wealthy later on down the line. Now, you need to start off small, as there are tons of things you can invest in and many ways you can do it. It’s good to find something you’re already a little bit interested in and invest in that, as this is a good way to get started. You don’t want to plug all of your money into savings, as although you need a savings account and emergency fund, that money will not appreciate over time. Some people are even investing in real estate online and enjoying fundrise ereit returns. It’s becoming easier and easier for newbies to invest these days, so don’t wait.



2. Diversifying Their Portfolio

Diversifying your investment portfolio is important, as you don’t want to put all of you eggs into one basket, so to speak. Having various investments is safer and will reward you more over time.

3. Building A Dropshipping Business

Many people who are looking to build wealth are using platforms like Amazon to start a dropshipping business. The idea is simple: pick a popular product, find a place that will sell you that product and rebrand it for you, then send it to Amazon’s warehouses and wait for the orders to come in. Of course, you should have good seller reviews for this to work. It takes work in the beginning, but eventually a business like this can run itself.

4. Creating Content And Posting On YouTube

Youtube is the world’s second largest search engine, and you can get paid for posting videos – for free. If you have knowledge in a certain area, it could be a good time to set up a niche channel. Even if you don’t know your niche yet, getting started will help you to figure it out.

5. Creating Courses/Books

Another great way to share your knowledge; courses and ebooks. If you establish your personal brand a little and build an email list, these techniques could be effective. You do the work once, e.g. write the book, and then people keep on ordering it.

Remember, to build wealth you also have to live below your means. Spending less than you earn and making frugal decisions is a must!

Affording the Car You Need

Cars are a big part of our lives, no matter where we come from. If you have a car, you have a reliable means of transport that you can hop in and out of whenever you need to, and get to your destination in record time. It’s a lot less stressful than having to resort to public transport, no matter the benefits of that, and that means buying a car is always a step up in your lifestyle.

But can you afford one? We usually only go out for a new model when we absolutely need to, but have you got the budget to cover such an upgrade? And if you do invest in a car, will it actually benefit your lifestyle, or just be another money mistake? Here’s some help for answering these kind of questions, so keep on reading below.




Make Sure You’ve Worked Out a Budget


This is the first step in making sure you can afford a car, and you’re never going to get anywhere without knowing you’ve got an entire payment plan available to keep your costs low and your engine humming. So, make sure you take your typical yearly budget and lay it out, and then add a car into all the relevant boxes; can you afford gas each week? Can you afford an annual review on how well your motor is doing? Of course you don’t know when a crash or accident can happen, but do you have an emergency fund to cover repairs?

These are scary questions to ask and hard questions to answer, but they’re not impossible, especially considering the help you have out there. If you know, without a doubt, that buying and running a car will be cheaper for you than trying to walk everywhere or get the bus, look into using an auto payment calculator. Loans aren’t as bad as you think, and hopefully you will have freed up some of your old transport money to help pay it back.


Find the Best Deal


Don’t just head down to your local dealership and hope for the best; make sure you’ve done your research, received and compared quotes, and gone a little out of your way in order to save some money. Most of us can’t afford to make mistakes when it comes to investments in our lives, so doing the legwork now is going to pay off later.

Thankfully, the internet has plenty of solutions for you here. Sites that’ll compare the most popular quotes for you, show you all the insurance providers you could ever need to turn to, and whether or not a loan is truly the best option. Take a risk if you have to, just make sure the research shows it’ll pay off.

Being able to afford a car is a big deal, and when no matter where you are in life, you’re going to have to account for it to change your lifestyle. Hopefully this post could help you down this long road!

The Following Financial Tips Can Help You Keep To Your Budget (Each and Every Month!)

It’s pretty typical for there to be a bit of fluctuation in outgoings each month. After all, when the kids are off school, you can end up spending a bit more on days out, and then there is the uniform to pay for when they go back! However, even these fluctuations are no excuse for not spending the budgeted amount or less each month, something that the advice below can help you with.


Save on groceries.

One tactic that can make it a lot easier to keep to your budget each month is to save on the grocery shop as much as possible. Luckily, there are many smart ways of doing this including planning your meals, so you only buy what is necessary, as well as using coupons to get a reduction in the cost of your overall shop.

Of course, you can always get a bit more serious about your couponing if and start a stockpile and save even more money. Although you don’t have to be a potential start of the next Extreme Couponers, show to get the cost of your bills down.


In fact, if you commit pureeing and freezing fruits and vegetables just before they go off, instead of throwing them away, you can then use them in cooking and for soups at a later date. A strategy that can save a fortune, and is one that will ensure your family has plenty of healthy food to eat too. Something that makes it the perfect way to save on your grocery bill.


Save on interest payments.

Next, to keep to your budget each month it vital that you ensure you are not paying out for things that are unnecessarily. Of course, you may not even realize that you are doing this, especially if you are being charged high-interest rates because your credit score is poor.

Luckily, you can repair your credit score, something that you may need to remove late payments from your credit report to do, or even re-age your account. Topics that you can find out more about online or from professional credit repair companies.


Always have an emergency fund.

Also, an emergency fund can help you to stay within your budget each month because it allows you to pay off unexpected costs without overspending. This can be especially useful for parents that may want extra funds during the summer when the kids’ need more entertaining.

Of course, it means that you have to set up this fund in the first place, and it can also be useful to set up a standing order to keep it topped up as well. Something that is well something doing if it can help you maintain a better hold on your money from month to month.


Sell what you no longer need.

Lastly, its can be useful to have a clear out of the kids old clothes and toys, periodically and then sell them online. After all, not only are you creating more space in your home and getting rid of clutter, but you will also be reclaiming some of the cost of the items which can be reinvested into your emergency fund and help you to keep your budget, each and every month.




Easy Ways to Make Extra Money Online

Time and money are two things we all wish we had more of. But the truth is, time is much more precious than money, because once it passes you by, it’s gone forever. As for money, at least you can create it and recreate it- if for some reason you lose some of it. Lucky for us, there are numerous ways to earn extra money online. Here are a few:


If you have a knack for writing- thrown in with some handy SEO skills- then this is a good avenue for you to take. You can get paid through affiliate marketing- you promote a company by adding their link on your site, and get paid a commission whenever anybody clicks on that link to buy something from the company’s site. Or, advertisers may contact you directly for paid posting opportunities.

Online gaming

Now you don’t have to drive to the casino and play inside a room reeking of the smell from cigars. You can make extra bucks simply by playing online games like poker, roulette and slots. Always remember to exercise discretion when placing bets. You wouldn’t place all your life savings on a bet, would you? Just be sure to do your homework, and search for legitimate online gambling sites.

Paid Surveys

Even with just basic internet skills, you can earn extra money by taking online surveys. Yes, companies will pay you for answering a simple survey. You can check out this website called Clixsense, as it covers most if not all paid survey opportunities from various companies.

With the advent of the internet, making money has become easier now more than ever. You can earn extra money while you still keep your day job. A few clicks or taps on your computer or smartphone can now bring you closer to your dreams of financial security.

5 Methods That Help You Improve The Customer Journey at Your Online Store


The ecommerce industry has made it possible for just about anyone with the time, motivation and upfront investment to start selling online. A variety of popular shopping cart services are available that help users create an online store and process orders. No matter what you’re selling at your online or on your other sales channels (like Amazon, eBay and Jet), your hard work at attracting new customers is going to waste if you’re not creating a positive and memorable customer journey that brings customers back. Use these proven methods and you can improve retention and loyalty.

No. 1: Product Videos

If you don’t have product videos, you are missing out on serious sales volume. As a matter of fact, recent studies find that product videos can increase conversions rates by as much as 174% when a customer watches the video before buying.

Getting product videos in place for your online store isn’t as hard as you may think. There are ample YouTube videos that help you learn how to create a lightbox, and most smartphones have HD video recorders you can use. Some simple video editing software and elbow grease can result in videos of your most popular products, so you can improve conversions across the board.

No. 2: Apparel Sizing Charts

Did you know that apparel is the most commonly returned product that’s purchased online? Apparel has one of the highest return rates of any ecommerce product, averaging around 40%. The primary reason apparel is returned is because consumers can’t try it on before they buy it.

To counter this dilemma, the solution is simple: add a sizing chart to your online store. You can also find a variety of apps (located in the App Store of most online shopping cart software providers) that integrate sizing charts, too. You’ll need to configure the settings first. But doing so can increase conversions by 100% or more.

No. 3: Integrate a Persistent Shopping Cart

What is a persistent shopping cart? It’s a cart that remembers what was added to it. For example, let’s say you start shopping on Amazon and add a few items to the cart, but later bounce away to another website. If you return back to Amazon later, the items will still be in the shopping cart.

Studies find that about 50% of shoppers will webroom – which means they’ll compare products and prices between two or more online stores before buying. If you make the sale easy when they return, you’ll experience a sizable uptick in conversions.

No. 4: Newsletter Signup Discount

Want more sales? Then you need to give your prospective customers and existing base a powerful message. That starts with a great newsletter. Today’s array of shopping cart services providers make it easy to add a newsletter signup to your store, and you can even integrate popular services like Constant Contact and MailChimp to use as your services providers.

But getting people to sign-up is another story. The simplest trick you can use here is to offer them a 10% discount off their initial purchase if they sign-up. Email marketing has an average click-through rate of 5%. New sales could be just a few clicks away.

No. 5: Cross-Channel CRM

Improving the customer journey begins with getting to know your customers better. Today’s ecommerce shopper is scrupulous, which means that you need information about trending products, return habits, shopper behavior and seasonal trends. This is made possible with newer ecommerce CRM software solutions that plug right into your online store and deliver reporting and relationship-building methods from day one.

With the right CRM in place, you can identify key trendsetters and capitalize on them. What’s more, you’ll be able to put a name and face to customers across your sales channels. Tapping into the customer journey can help you find your niche and appeal directly to your target customer base.

Combined, the five methods we’ve delivered to you here are surefire sales increasers for your online store. They’re relatively easy to implement, too. Over time, they’ll prove to be a huge benefit to your bottom line.