Very informative video. I encourage everyone to listen to this guy, because what he’s telling you is how you get out of having to be someone’s employee. And you can do it!
Service companies all day baby Iphone repair and ipad repairs. I enjoyed this video it was so me i use my unemployment money after working for the same company for over 7 years. pandemic hit hard! That part about opening business account had me weak tho lol Bless up King
Thank you so much. I got my EIN for my sole proprietorship, and that was all I had and wasn't exactly sure which way to go next but you just helped me a lot so thank you and God Bless you and yours
Good video. It lets you know that whatever age you are...you can make things work out for you by following your passion. One of your videos should do a walk through on filing for an EIN or LLC etc. Thanks a lot.
I really enjoy your presentations. They are very effective, efficient and professional. I am experienced in public speaking, data analysis and data modeling. I love your advice! 👍🏾👏🏾😊
A good collection of info. I've considered many service businesses but, I always feel I would be at risk of getting sued by an aggressive customer if I don't have Liability Insurance.
Thank you so much this video was very helpful! Could you recommend some more shows, books, articles, etc. for entrepreneurs. What sources would you recommend to keep up with current trends, regulations, etc. in the accounting industry. Thanks again!!
Excellent video as always, thanks!! I stared as an LLC and drive approx 50 miles a day. I am currently logging all my miles for tax purposes. Do I also add gas and car service receipts ?
Ram, great working keep track so far! So there are ways to write off a car 1) with the standard mileage deduction and for that you need to track only your business miles (which you are currently doing) 2) with the actual expense method and for that you need to track all your expenses and keep your receipts (what you are asking about) You usually want to go with the deduction that will give you the biggest write-off. Since idk all your expenses I can't tell you for sure, but it sounds like mileage
You do provide valuable info. For my personal taste, you’re doing a great job. This video isn’t what I thought it would be but it does give another insight about things. It basically reassured me that I’m on the right path. Thank you.
I absolutely love these videos! I am a beginner tattoo artist. And I’ve dreamed of being an entrepreneur since I was a kid, did my bachelors in industrial design and my masters in business innovation but I’m not sure what road to take. these are helping me so much, THANK YOU ‼️🙏🏽
I have been in process of opening a flooring business and I'm broke n yeah probably impossible to do it but I feel like what I've learned from you n the other speakers on here
Thank you so much cause I have been struggling for months with finding grants (even after seeing a few of your videos on them), supplies, and other resources. I just wanna make & sell my art and go invest in my other passions.
Can you make a video on Mixed Earner Unemployment compensation and staring a service business being a sole proprietorship? I Really think there is a lot more people like me who was force to open a business just to support their family.
Very helpful! Should I get an LLC for a auto detailing company? I won’t begin the work until spring of 2022 because of financial and reorganization of my life!
Can you tell me where I can find specific info. on registering...all legal formation info., in Michigan...I want know if I can create one business entity to run 2 or 3 related businesses under...I will have separate names and do some similar and some different things....as a sole proprietor ?
This video is amazing 😊. You really know your stuff and it shows. Thank you for making high quality videos, and helping others. Keep up the amazing work 🙂
Content is Great! Nice to see a minority owned company educate and advocate for entrepreneurship. If you have any "live events" , let me know. Like a nice business write off while I educate myself and have the opportunity to network.
Really good info. You are basically talking about me however I do need some money to start. Purchasing equipment and paying for insurance will cost a bit for me to get started. I have been searching for grants and incentives that are offered to minority owned businesses. Any ideas regarding this?
Marz NYC I've filed my LLC June and with my last. After lay off Oct 2020 and unemployment end in Feb 21 I jumped in and have been stuck ever since. I'm a crafter and have some supplies but reality is I've got no space live with energy suckin vampires on their terf. I need a free website to advertise as my LLC site limited (ZEN) has none, and side order of computer illiterate and sucky computer & service. This taking to long... Help?!?
I've been doing air conditioning and heating for 18 years just got my contractor's license LLC and insurance and now I'm dead in the water because I'm tapped out and cannot find funding and cannot find funding resources can't get a traditional loan everywhere I look for a Grant I'm told that there's no Grant I'm told that there's no such thing as free money for businesses
Wow! The golden nuggets that you drop are so valuable that we intentionally share your channel with our clients, on a daily basis! I want my culture to know that there are ways to improve our quality!We would like to make use of your tax services for our company! Please provide your contact info.
Where have you been all my LYFE?? Seriously though this information is so valid.
Very informative video. I encourage everyone to listen to this guy, because what he’s telling you is how you get out of having to be someone’s employee. And you can do it!
Love this video! I just started a new service business and put in my notice last week! Y'all are doing some great work, thanks for the free education!
Awesome! Thank you! What services are you providing?
I love these videos. They save me money that I would have paid a consultant, plus the info are so easy to understand
I should be charging for this advice 😂😅
@@LYFEAccounting let's hope youtube is paying well😂... Thank you
Service companies all day baby Iphone repair and ipad repairs. I enjoyed this video it was so me i use my unemployment money after working for the same company for over 7 years. pandemic hit hard! That part about opening business account had me weak tho lol Bless up King
Lyfe accounting videos are the best information. Well-formated and easy to follow and understand. Great job
Thanks!
Yes!! More confirmation for me. I am starting a service business with low startup costs. Thanks for your encouragement and example!! 👍🏽
Money has always been an issue but no longer. Thank You 🙏🏽
Thank.you and please keep the good content
Lyfe is great and calm no dumb music and the cadence is relaxing good presentation and information and thew inclusion of firsthand experience.
Thank you so much. I got my EIN for my sole proprietorship, and that was all I had and wasn't exactly sure which way to go next but you just helped me a lot so thank you and God Bless you and yours
Just found your channel today and it’s so helpful thank you!
Action steps, informative, details, and examples...Thank you!
super helpful!
Watch this next: "How to Become a Millionaire, Step by Step" th-cam.com/video/JQO3C3F-XX0/w-d-xo.html
Very valuable information!
This info is a Gem! Good stuff!
Glad to hear it!
Valuable information, thank you for sharing.
Definitely gonna come back on step #10 thanks bro🥳💗
Great video!! So much valuable information, thanks again
My pleasure!
I enjoyed your content.
Good video. It lets you know that whatever age you are...you can make things work out for you by following your passion. One of your videos should do a walk through on filing for an EIN or LLC etc. Thanks a lot.
Keep the knowledge coming bruh! Great video.
Appreciate that, Testani. Definitely will 💯
Thank you so much for a this info. Subscribed already!
I really enjoy your presentations. They are very effective, efficient and professional. I am experienced in public speaking, data analysis and data modeling. I love your advice! 👍🏾👏🏾😊
You are so amazing and so helpful thank you!
Happy to help!
thank you so much, this is very helpful.
Thanks for watching! Just curious, which part did you find most helpful?
A good collection of info.
I've considered many service businesses but, I always feel I would be at risk of getting sued by an aggressive customer if I don't have Liability Insurance.
Thank you so much this video was very helpful! Could you recommend some more shows, books, articles, etc. for entrepreneurs. What sources would you recommend to keep up with current trends, regulations, etc. in the accounting industry. Thanks again!!
Thank you for sharing!
Thank you for your time in educating me.
I love this video. It’s informative, clear and concise. I especially love the way you explain it in a way that I can understand. Thank you.
This is a pretty cooh video. You were able to bring the small details that I missed out on in school. THank You!!!
This was very helpful. I've pursued gaining skills, but I'm on the ground level of the business side. Thank you. 😁
Thank you for these valuable videos! So glad I started watching.
Great job on this video 👏🏾. It was very helpful and insightful.🎉
Excellent video as always, thanks!! I stared as an LLC and drive approx 50 miles a day. I am currently logging all my miles for tax purposes. Do I also add gas and car service receipts ?
Ram, great working keep track so far! So there are ways to write off a car
1) with the standard mileage deduction and for that you need to track only your business miles (which you are currently doing)
2) with the actual expense method and for that you need to track all your expenses and keep your receipts (what you are asking about)
You usually want to go with the deduction that will give you the biggest write-off. Since idk all your expenses I can't tell you for sure, but it sounds like mileage
@@LYFEAccounting GM, Sean thanks so much for the info. Have a great weekend
Brother, thank you this is some great content. It is greatly appreciated.
You do provide valuable info. For my personal taste, you’re doing a great job. This video isn’t what I thought it would be but it does give another insight about things. It basically reassured me that I’m on the right path. Thank you.
I absolutely love these videos! I am a beginner tattoo artist. And I’ve dreamed of being an entrepreneur since I was a kid, did my bachelors in industrial design and my masters in business innovation but I’m not sure what road to take. these are helping me so much, THANK YOU ‼️🙏🏽
Beico.ing a small busimess on your onw is very simple. Watch some youtube. I just got my ein for my sole prop. Took me 10 minutes.....
Awesome information
Glad you think so!
I have been in process of opening a flooring business and I'm broke n yeah probably impossible to do it but I feel like what I've learned from you n the other speakers on here
Thank you so much cause I have been struggling for months with finding grants (even after seeing a few of your videos on them), supplies, and other resources. I just wanna make & sell my art and go invest in my other passions.
You can do it! Artist can make it far just by making content for social media
Very useful thanks
Can you make a video on Mixed Earner Unemployment compensation and staring a service business being a sole proprietorship? I Really think there is a lot more people like me who was force to open a business just to support their family.
Hey Rone, noted! thanks for the suggestion
@@LYFEAccounting anytime
Love this a lot of information
Life saving info thx 😊 🙏
You are a gem sir, thank you!
Great videos. Can you do a video about online businesses, such as Amazon, Bloggers, TH-camrs, etc.?
Great suggestion! Noted :)
Very helpful! Should I get an LLC for a auto detailing company? I won’t begin the work until spring of 2022 because of financial and reorganization of my life!
You should watch my video on "the disadvantages of an LLC" and decide for yourself!
I'm wanting to do the exact same thing currently. I'm in north east Texas. Funding is my biggest challenge right now.
Great Video
Can you tell me where I can find specific info. on registering...all legal formation info., in Michigan...I want know if I can create one business entity to run 2 or 3 related businesses under...I will have separate names and do some similar and some different things....as a sole proprietor ?
Excellent info
Great tips! Thanks
This video is amazing 😊. You really know your stuff and it shows. Thank you for making high quality videos, and helping others. Keep up the amazing work 🙂
Content is Great! Nice to see a minority owned company educate and advocate for entrepreneurship. If you have any "live events" , let me know. Like a nice business write off while I educate myself and have the opportunity to network.
Great suggestion! Definitely will consider doing something live
I agree and would like info on any of your speaking engagements, please. I'm enjoying Lyfe's TH-cam videos for now. 😎👍🏾👏🏾
Thank you
Really good info. You are basically talking about me however I do need some money to start. Purchasing equipment and paying for insurance will cost a bit for me to get started. I have been searching for grants and incentives that are offered to minority owned businesses. Any ideas regarding this?
Have you already checked out our other grant videos and business loans?
How do you list your phone number without having a LLC for a business ? Thanks !
I like is ideas keep it up
This was very gelpful
LYFE’S LEGIT
Like the information. I have a few questions. Is there away to contact you or this is what I get.
Marz NYC I've filed my LLC June and with my last. After lay off Oct 2020 and unemployment end in Feb 21 I jumped in and have been stuck ever since. I'm a crafter and have some supplies but reality is I've got no space live with energy suckin vampires on their terf. I need a free website to advertise as my LLC site limited (ZEN) has none, and side order of computer illiterate and sucky computer & service. This taking to long... Help?!?
🔥
I like the video
Hello I'm looking for money to startup a trucking company. I need money to purchase a truck can you help point me in right direction?
Bootstrap club member😁
💯😂💯
I like it
10/10
💯💯💯
I'm trying to start a shirt busines online
Great idea!!- hope its going well
I've been doing air conditioning and heating for 18 years just got my contractor's license LLC and insurance and now I'm dead in the water because I'm tapped out and cannot find funding and cannot find funding resources can't get a traditional loan everywhere I look for a Grant I'm told that there's no Grant I'm told that there's no such thing as free money for businesses
What do you need the funding for exactly?
@@LYFEAccounting material, equipment, work vehicles, labor the list goes on
I would think you would own all of that after 18 years?
@@LYFEAccounting maybe you misunderstood me I've been in the field as a worker for 18 years I just struck off on my own 😐
@@LYFEAccounting I appreciate your smug smart-ass response
👍🏼👍🏼👍🏼👍🏼❤️
Dtn have money
I'm a Welder
Lol #8
This text won't let me correct a couple if words in my first post, yet u know what I'm saying in it, ok 😃!!!
@LYFE Accounting Should I start a LLC if I am a Real Estate Agent? If so, how do I do?
Wow! The golden nuggets that you drop are so valuable that we intentionally share your channel with our clients, on a daily basis! I want my culture to know that there are ways to improve our quality!We would like to make use of your tax services for our company! Please provide your contact info.
@itu
Thanks for this needed information ☺️ Sean S.
Amazing tips thank you for sharing!