🤔 Brainteaser of the day: I'm always running, but I never move. I have a start, but no finish. What am I?

Click here to see the answer.

Check out our September Weekender 2024 Brainteasers here.

✅ Today's checklist: 

• How to start your own company
• Catch Clooney & Pitt's newest film
• Pet of the week: Meet Rocko

🤖 Workplace: How well do you know Gen Z?

🎬 Movies: Best horror movies of 2024 so far.

💔 Relationships: Marriage therapist reveals the five 'beige flags' you should never ignore in a relationship.

🧠 Productivity: Microsoft Teams tips and tricks experts rely on.

 

So you want to start your own company, huh? Whether you're starting a side hustle or venturing out on your own completely, setting up your entrepreneurial venture is scary and overwhelming, especially when it comes to the business stuff like legal and finances.

If I could go back in time, here's a cheatsheet I'd share with myself:

Build Your Business Foundation:

Choose a Name: Select a unique, memorable business name that embodies your vision. Make sure it's not already taken by conducting a US Trademark Search.

Legally Establish Your Business: Register your S-Corp or LLC through services like RocketLawyer. An LLC offers personal asset protection, while an S-Corp might be better for tax advantages.

Then secure an Employer Identification Number (EIN) and keep an eye out for a letter from the IRS asking you to file Form 1065.

Master Your Finances:

Open Financial Accounts: Establish a separate business bank account and credit card to keep your personal and business finances distinct.

Set Up Financial Management: Invest in accounting software (I used Wave and then Quickbooks) and consider hiring a CPA, especially if you're setting up an S-Corp.

Remember, business taxes are paid quarterly, and if you have employees, payroll setup is crucial.

Streamline Operations:

Set the Rules: Draft clear bylaws or an operating agreement if you're an LLC/S-Corp. This outlines your business's ownership structure and operational protocols.

Permits & Licenses: Depending on your industry and location, you may need specific permits or licenses. Don't overlook the importance of business insurance to protect against unforeseen liabilities.

Record-Keeping Is Key: Maintain meticulous financial and legal records. This includes transaction details, contracts, and business documents, ensuring they are stored securely and organized.

Get A Lean Software Stack:

Embrace technology to simplify operations, but don't overdo it. You don't need a lot to go far. Use tools like Google Drive for file sharing, Notion for organization, and Harvest for time tracking to significantly enhance efficiency and keep you organized.

Remember, setting up your business is just the first step—the real magic comes from your passion and grit. Dive in, trust what you know, and watch your business idea take off!

Thania (TA Content Mgr.)

 

Corporate gifting can be a major time suck—tight deadlines, picky preferences, and endless spreadsheets 😩. But what if you had a customized gifting strategy that took care of all the details for you?

Bunny James makes it easy with curated snack boxes and personalized gifts that impress. Whether for employees, clients, or prospects, Bunny James has the perfect gifts tailored to your needs and budget.

Take this 30 second quiz to get your personalized gifting strategy and let Bunny James handle the rest.

 

📚 Read: I Am Watching You by Teresa Driscoll

A woman overhears two men flirting with teenage girls on a train. The next day, one of the girls is missing. Cue the guilt, secrets, and suspense in this twisty psychological thriller. If you love a mystery that keeps you guessing, this one's for you.

📺 Watch: Wolfs

Buckle up for a dark, twist-filled thriller starring George Clooney and Brad Pitt. Wolfs packs suspense, strong performances, and surprises around every corner. Perfect for when you need an edge-of-your-seat escape.

🎧 Listen: The Battle to Control the World's Most Powerful Technology

The Daily dives into the race to control AI and its impact on our world. Tune in if you're curious about the tech shaping our future—and the power struggles behind it.

Join the No-B.S. Work Well-being Workshop on World Mental Health Day (October 10th) at 10AM PT/1PM ET and make a real impact.

This FREE 2-hour virtual workshop, led by Alex Seiler and Kelly Mackin, is all about amplifying mental health and happiness for you and your team. Based on fresh research, you'll walk away with actionable tools and a bold, proven roadmap to create a thriving workplace culture—no fluff, just real results. Also, this event will be available for HRCI credit.

⭐ Bonus: By attending, you'll get FREE access ($900 value) to the Human Needs Well-Being Assessment for your entire team, helping you uncover the well-being drivers that build your healthiest culture.

Limited spots available—save your seat today!

P.S. A recording will be available for those who attend.

Rocko's a fun-loving rescue from Arkansas with a shy smile and a big heart.

He's obsessed with his hideaway dinosaurs, peanut butter treats, and hopping like a bunny while on squirrel patrol. When he's not chasing his tail, you'll find him belly-up, fast asleep.

Whether camping, hiking, or snuggling on the couch, Rocko's always ready for adventure and spreads smiles wherever he goes!

💌 We're huge pet lovers at The Assist and want to feature a pet each week—fill out this form for your fur baby to be featured!

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🚨 Open Jobs: Visit our job board here.