| Note:
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Blitz
Ezine # 159 April 15, 2002
Note:
This is an archived issue. Some links and/or content
may be outdated
The
Blitz-Promotions News Letter.
Issue no. 158, April 8, 2002
http://www.blitzpromotions.com
100 Ways to promote your site -
http://www.blitzpromotions.com/blitz159.htm
Subscribe to our Ezine
http://www.blitzpromotions.com/subscribe.htm
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In This Issue **************
Comments
Food for thought
100 Ways to promote -
Learning from your taxes
The Classifieds
Next Issues
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Food for thought
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Don't
be afraid of a little opposition. Remember that the
'Kite" of success generally rises AGAINST the wind
of Adversity - not with it!
Napoleon
Hill
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Learning from your Taxes
reprint of our article 4/2/01
still some good info.
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Everyone that you talk to, really hates tax time. Believe
it or not there are a lot of things you can learn from
your taxes. Now is a great time to take a close look
at your business, to make some goals, trim your expenses,
and work at making your business more profitable.
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A note
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I am not, nor do I claim to be a tax accountant or expert.
These suggestions I make are just that… suggestions.
Be sure to ask your tax advisor or accountant before
you implement any new tax saving strategy.
Find
a nice place (like your kitchen table) and collect the
information from this year and last year’s tax returns.
Compare
your profit/loss between the two years. How did you
do…better, worse? If you did better this year take a
moment and think about why. Jot some notes down. These
are important because if you continue to build your
business, it is very important to continue those things
that you are doing right.
If
you had a loss this year, was it less than last year.
Great. You’re improving. Again think of the methods
you used to improve your bottom line.
Even
if your loss or income is worse than last year, you
can still learn quite a bit. What happened? How can
you improve it? If your bottom line is worse without
a visible reason (buying new equipment, expanding your
business etc) then it may be time to rethink your business
strategy.
Now
is also a great time to make some goals for next year.
- A review of the formula we discussed earlier in the
year is below-
1.
Make a measurable goal. I will double my profits by
next year.
2.
Create a plan. I will increase my advertising budget,
provide better customer service and create two new avenues
of revenue.
3.
Rewards. When (positive thinking) I achieve my goal
I will take a trip to the Bahamas.
REMEMBER
THIS- a goal does you absolutely NO good unless you
ACT on it.
Now
take a closer look at your income and expenses.
Follow
the steps above and come up with some good goals in
these areas. When reviewing your expenses what are some
of the things you spend most of your money on? Is there
a way to decrease or save money? One of our major expenses
in our business is web hosting. We spend close to $200+
a month hosting our sites and those of our design clients.
This is one area that I have learned NOT to try to save
money in. I have tried cheaper plans and gotten burned
pretty badly. So I will live with the expense knowing
that my sites will be up most of the time and if I have
a support problem it will be answered promptly.
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Quick Link
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A really nice free tool to help you combat folks that
would invade your inbox - Mail Washer allows you to
screen your mail and bounce back the unwanted junk.
http://www.mailwasher.net
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