Excited for another week of business growth?! Are you up for another challenge?!
I'm trying to psych you up for this week's challenge, because in all reality, it's just not fun. You're going to feel so great once it's done, though! Isn't that how so many things in life are?
For instance, I really hate cleaning bathrooms, and I put off doing it for more days than I care to admit. When I can't put the task off any more, and cleaning bathrooms must be done, if I buckle down and get it over with first thing, I feel so much better! I can enjoy the rest of my day or week because I've already eaten that frog.
After that wonderful introduction to our challenge this week, I'm sure you're very tempted to just delete this email now! This is not sounding like fun, and to be perfectly honest, it isn't fun. But you WILL feel so much better when it's done. Drum roll please . . . . .
Your challenge if you choose to accept it is to: get registered as a business with your state.
If you know you are a business, if you are bringing in any money, there is no reason to delay. Each state's registration requirements are different, but if you check out my show notes for Episode 46, you will find a link to the IRS website that will take you to each state's registration requirements. So go ahead, and EAT THAT FROG!
Bonus challenge: if you have already registered as a business with your state, and do that first, go ahead and get an EIN number. In the show notes to Episode 46 you will also find a link to the IRS website where you can get an EIN number.
Why get an EIN number? An affiliate program you want to sign up for, or a wholesale dealer you want to buy from might ask for one, and then you'll be all ready!
Sorry to be the deliverer of a not very fun challenge! But it's important to be legit in business. So go ahead and Eat That Frog! It might not taste good going down, but you will feel so good once it's over!
Now I'm off to clean some bathrooms!
I must admit, Beth Anne and I were able to take it easy this week on the challenge, because we had already registered our business. But since every state is different, I'm very curious to know, how did your state registration go? Was it difficult or easy? Leave a comment or post a video in the comment section. We love hearing from you! I'm also curious if any of you are going the hobby route. Do you still qualify as a hobby after listening to the episode?