Startups, taxable free stuff, and quitting your small business

Ten Steps to Get Your Startup on Track @ Shopify: Great job getting your new online store up and running! Here are ten accounting tips for you to make sure you’re starting off on the right foot.

Taxable Complimentary Stuff @ TaxMama: Let’s say you got a whole bunch of free stuff from a client or contractor. Then at the end of the year, you get smacked with a $10,000 1099MISC. You can’t sell or use the free stuff you got, so do you still need to pay for it? TaxMama answers.

5 Reasons Why I Quit My Own Business to Work for Someone Else @ Entrepreneur: Just because you know you’re an entrepreneur doesn’t mean you’re obliged to grow your small business. Sometimes it makes sense—and will serve your small business better in the long run—if you play a bigger game.

9 Smart Habits of Highly Effective Networkers @ Inc: Networking is part of doing business, but networking events can sometimes feel awkward or purposeless. The key lies in knowing how to read the room—and being humble, authentic, and helpful. It helps to have some business cards, too.

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