Posts

Unlock 6 Hidden Tax Deductions for New Business Owners By Tamecia Shaheed

Image
  Tamecia Shaheed is a Tax Strategist who helps business owners maximize savings and grow their profits. She affirms that business owners need to proactively plan throughout the year to maximize tax savings. She works with her clients to implement strategies to use the tax code to their benefit legally and ethically. As a new business owner, one of your primary goals should be to maximize your business deductions to minimize your tax liability. Effective tax planning can significantly impact your bottom line, allowing you to reinvest more into your business. This comprehensive guide will cover various strategies and deductions available to small business owners. 1. Start-up Costs Starting a new business involves various costs, many of which can be deducted to reduce your overall taxable income even if the company has yet to generate revenue. Normally, the costs of starting a business must be amortized (deducted ratably) over 15 years. However, you can elect to deduct up to $5,000 of s

Turning a No Into a Yes by Nancey Harris

Image
Ms. Nancey Harris is the Co-founder and COO of Vontélle Eyewear, a transformative, luxury brand that celebrates the diversity and beauty of different cultures, with an emphasis on fashion, fit, and function. Prior to launching Vontélle, she was a sales executive at Paramount (BET, MTV, VH1, Nickelodeon), and BLACK ENTERPRISE. She worked as EVP of Wendy Williams Productions and was also Executive Director of The Hunter Foundation. Nancey graduated from Morgan State University with a bachelor’s in mass communications. Nancey is actively in the Goldman Sachs 10k Small Businesses Program - cohort 40, an active member of Goodie Nation, 2022 2022 Tory Burch Fellow, 2022 Ernst & Young Entrepreneurs Access Network alumni, 2022 NY PACE alumni, Amazon Black Accelerator, BOSS Network alumni, Future Collective by FIVERR alumni, JP Morgan Chase’s Advancing Black Entrepreneurs program graduate and Fearless Fund alumni. Nancey is an active member of Delta Sigma Theta Sorority, Inc., Luminary, In

Empowering Healthcare Entrepreneurs: Building a Successful Business in the Medical Field by Victory Okorie

Image
Victory Okorie , CEO of Mobile Health Team Inc., is an experienced RN and healthcare entrepreneur dedicated to improving healthcare delivery through innovative staffing and concierge services. In today's rapidly evolving healthcare landscape, entrepreneurship in the medical field presents a unique set of challenges and opportunities. As the CEO of Mobile Health Team Inc., I have navigated these waters, turning my vision into a thriving business. Here are some key insights for aspiring healthcare entrepreneurs: 1. Understand Your Market : Identify a niche where your skills and expertise can make the most impact. For me, it was providing high-quality staffing and home nursing services. Understanding the specific needs of this segment allowed me to tailor our services effectively. 2. Build a Strong Network : Success in healthcare entrepreneurship often hinges on the strength of your professional network. Engage with other professionals, attend industry conferences, and join relevant a

How to Host a Fabulous Summer Soiree by Qiana Turner

Image
Qiana Turner is the Owner and Chief Event Planner of Madison Elyse Events, an upscale event planning firm. Qiana is dedicated to providing individuals and businesses with an assortment of services which include but are not limited to planning, coordinating, and executing lavish weddings, posh social gatherings, and corporate events. Summer is just around the corner, bringing with it the perfect opportunity to host a magical outdoor soiree. Whether you're planning an intimate dinner party in your backyard or a chic rooftop shindig, here are some tips to ensure your event is a smashing success. 1. Choose the Perfect Location Backyard Bliss Your backyard can be transformed into a magical setting with the right decor and lighting. String lights, lanterns, and candles can create a cozy and inviting atmosphere. Add some comfortable seating and lush greenery to make your guests feel like they’re in an enchanted garden. Rooftop Elegance A rooftop party is always a VIBE! A Rooftop offers s

Coming Full Circle by Rhonda Turner

Image
Rhonda Turner is the CEO of The Rustic Brush, and Owner of The Rustic Brush – Memorial and Pearland locations. She is also a 29-year veteran Sergeant with the Houston Police Department. Rhonda empowers women by cultivating new entrepreneurs to become business owners and realize their dreams. I have always had a love for art. Growing up, I designed my "dream house" with a very sophisticated 6-car garage with a see-through ceiling and under my swimming pool. Yes, take a moment and let your imagination bask in that imagery. I enjoyed reading manuals and taking the puzzle pieces of a project from randomness to completion. In 2021, I was planning my retirement and started looking for a business to transition to. Later, that year, my sorority sisters (AKA Sorority, Inc) decided to hold our line anniversary at The Rustic Brush – Galleria studio. I was bogged down with life and thought I could not fit it into my schedule. However, that voice deep down inside which I know was the Hol

Five Ways To Succeed In Business by Cassandra Hill

Image
Cassandra Hill   is a Holistic Wellness Influencer, Life Coach, Best-Selling Author, and Speaker. After overcoming systemic lupus with a regimen she developed, Cassandra birthed Holistic Living Consulting. Her mission is to transform the health and well-being of black women. When starting a business, there is one thing every owner wants: success. The specifics of this may look different for each business, but there are a few common elements that most organizations share: a desire to grow, a passion for profit, and aspirations to be the best in their field. In this article, I have put together five of the best ways to succeed and thrive in business. Apply them to your company and watch your brand go to the next level. Be Your Own Brand Ambassador One of the biggest mistakes any entrepreneur can make is not being their own brand ambassador. This means that you should always be promoting yourself and your products or services through social media, email marketing, blog posts, etc.  You sh

Creating, Crafting and Mental Health by Rhonda Turner

Image
Rhonda Turner  is the CEO of The Rustic Brush, and Owner of The Rustic Brush – Memorial and Pearland locations. She is also a 29-year veteran Sergeant with the Houston Police Department. Rhonda empowers women by cultivating new entrepreneurs to become business owners and making their dreams a reality. There’s a phrase written in large letters on my chalkboard in one of my studios that reads, “Crafting is cheaper than therapy!” A true statement and most guests who read it would have a good laugh afterwards. But what if we really explored this idea in the context of the current times of being more conscious of self-care and mental health? How can a recreational activity such as crafting be suggestive as an aid in mental health development and treatment? What if crafting is therapy? Traveling back into my history, I have always loved art in some form or another. Growing up, I used to love to write and would scribble what I couldn’t express out loud. If I needed to scream, my pen was