Tax Tips - Why Your W-2 Salary is Killing You Financially.
Author: Drew Miles
Business Basics (WHY) must I have my own business?
As you can tell from the way I phrased the question, from my perspective the answer is almost always yes. Why?
Almost all financially successful people have their own business. It might be sales, manufacturing, a service company. It might be high tech, low tech or somewhere in the middle like real estate investing. It might be network marketing or a franchise, but itˇ¦s a business theyˇ¦ve nurtured and built into a success.
You business is an important part of your financial foundation.
The underlying financial reason is that business owners belong to a different tax club than non-business owners. Letˇ¦s illustrate:<...
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