Monthly Archives: April 2008

I won’t stop….

I won’t stop….

I won’t stop serving the Lord, and giving Him all the Glory.

I won’t stop sharing until everyone knows my story.

I won’t stop praising and bowing down in worship to Him.

I won’t stop trusting that He is my only true friend.

I won’t stop giving even if I give out my last.

I won’t stop praying and remembering to fast.

I won’t forget how He gives me His grace and mercy so freely.

I won’t stop receiving His correction and love so abundantly.

I won’t stop even when the enemy attempts to attack.

I won’t stop because my Almighty Father has got my back.

I won’t stop expecting a harvest when I sow my seeds.

I won’t stop because He already knows what I need.

by: Ms. Wendy

**Be eternally and abundantly blessed on this day that the Lord has made– stand firm on His Word!**

 

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List of Business Resources for Virginia

Bringing you some specific Business Internet Resources specific for VIRGINIA– check them out! Your dream awaits you, NOW is YOUR TIME!

  1. Virginia is for Business “A Guide to Establishing a Business” – http://www.yesvirginia.org
  2. Virginia Community Loan Fund – http://www.vcdlf.org
  3. Richmond Economic Development Corporation (REDEC) – http://www.redecfinance.org
  4. Richmond Small Business Resource Guide – http://www.reni.net
  5. Virginia Procurement Pipeline -(A database of businesses offering a variety of goods and services register your business for FREE) — http://www.virginiabusiness.org 
  6. Better Business Bureau of Central Virginia – http://www.richmond.bbb.org
  7. Greater Richmond Small Business Development Center – www.grsbdc.com
  8. Greater Richmond Partnership – http://www.grpva.com
  9. Virginia Department of Business Assistance – http://dba.state.va.us
  10. Virginia Minority Supplier Development Council – http://www.vmsdc.org/
  11. Virginia Department of Minority Business Enterprise – http://www.dmbe.state.va.us/
  12. Virginia Department of Business Assistance (to obtain WOMEN BUSINESS ENTERPRISE CERTIFICATION) – www.dba.state.va.us/mwbusiness/wob.asp
  13. Crater Procurement Assistant Center – http://www.craterpdc.state.va.us

Let me know if these links help you! Leave me a comment- I just might be able to connect you to someone who can provide you with additional assistance in starting up your business!

Share the Love! ! Ms. Wen

     

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Insight on Nonprofits

Forming a nonprofit organization in Virginia can easily be established.

A nonprofit is set up and established just like a for-profit enterprise venture, yet with one additional step where you must apply for tax-exempt status with the Internal Revenue Service (IRS).

For Virginia, a nonprofit must be either a non-stock corporation or a limited liability company (LLC). In order to conduct fundraising, you must file a registration with the Virginia Department of Agriculture and Consumer Services. In addition, Nonprofits must obtain a local business license if required, and register with the Virginia Department of Taxation.

A nonprofit organization becomes tax-exempt, which allows businesses and individuals who donate to deduct their gifts when filing their federal income tax returns. So a nonprofit must file an application to become classified as a 501(c)(3) organization. You can find out further information from reading IRS publication 557, Tax-Exempt Status for Your Organization. All IRS forms can be obtained by calling 1-800-TAXFORM or you can also download the forms from the IRS website www.irs.gov

 

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Check out – Virginia Business Internet Resource Page

Check out my newly created section listed under PAGES in the Sidebar to your left! Lots and lots of resources specifically for those wanting to start your business in Virginia. Happy Saturday- Abundant Blessings to you! –

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Friday’s Feature : A Long-winded Lexicon

Friday’s from this point on….. until I embrace some other GRAND blogging idea….. will feature moments with “A Long-winded Lexicon” which the literal translation essentially means ~ a rambling entire stock of words belonging to a branch of knowledge or known by somebody.~ 

So now with those general orientation and housekeeping items covered and out of the way- let’s get on with the show. Oh, and please chime in anytime you feel like it!

I have always been a very detailed oriented lady. I am the person who loves to leave the long voicemail messages, because I want to ensure that I tell you everything that I need to tell you in that short span of time in between beeps. I am also that same lady that loves to tell you every intricate detail about what happened when the tree fell on the roof of my apartment, but first we had just went to Subway and we saw that a storm seemed to be coming up because you know how the leaves turn wrong-side out, and my grandma always said when that happened it meant that it was going to rain, but back to what happened- Girl you will not believe this! We came inside and sat down to watch TV, and I had opened up my Turkey and Cheese sub, and had just walked from the kitchen at the microwave and over to the sofa to sit down. So I sat down, and we heard this loud crashing noise, you know almost like something blew up outside, but not quite that loud more like a car backfiring, then the entire apartment shook like a earthquake and limbs of the tree came through the dining room window. I was so scared to move. I forget what we were watching on TV at the time, but I got up and went to my door. I opened it to see a tree laying completely over the steps leading up to my apartment. Did I tell you that I lived on the top floor, and I do not know why I decided to get a top floor apartment, because I could kick myself everytime I have to return from the grocery store, in the pouring rain and carry all those groceries up that flight of steps. I can hardly wait to get a house with a garage, so that will eliminate all those issues. So once Cornerstone LNC Group (my legal nurse consulting business) blows up, or once I learn all of John Chow’s tricks of the blogging trade to make my first million- then a house should not be a problem. But back to my story, the fire department came -my friend and I were out on the front balcony because the fire department made us stand out there until they could make sure the roof was secure. But it wasnt because limbs from the tree had went through the roof as well. But OH ! I almost forgot to tell you…… I have so many resources that you can check out to find out all you need to know about entrepreneuring– I read all the Entrepreneur books out there, so you do not have to worry about reading them. I will be glad to tell you anything you want to know and probably even some stuff that you don’t want to know. Anyhow- what was I saying? Well…….. I leave you all with these two thoughts for today……..

  • “God will work with you, not for you.” ~ Dr. Wayne W. Dyer
  • “You’re not a human doing, but rather a human being.” ~ Dr. Wayne W. Dyer

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Starting not just 1 Business, but 2, 3, 4 Businesses

Let’s just say you desire multiple streams of income (which by the way I highly recommend), therefore this means you can actually start up and operate two or three businesses simultaneously. Now you are probably saying to yourself, does that mean I have to form separate Limited Liability Corporations (LLC’s) or Corporations (Inc) for each business? The answer is NO! (now I am not by any means conveying legal advice) I am simply presenting the options that an individual may choose from if looking to startup and operate two or three businesses all at the same time.

A corporation or a limited liability corporation may operate under what “they” call “multiple trade names.” This means that your “one” Limited Liability Corporation (LLC) entity which you set up is called the parent company. So if you break the process down into several steps- it looks like this:

  1. Form your Limited Liability Corporation (LLC) or Corporation as your PARENT company. You can access, retrieve, and print out the “articles of organization” paperwork you will need to form either a LLC or a Corporation from your State Corporation Commission website.
  2. Next, if you want to startup multiple different businesses all with different names, then you will simply need to file “a certificate of assumed name” at your local State Corporation Commission or Secretary of State’s office for each business name that you plan to operate under your LLC or Corporation.
  3. You will only need to get ONE Federal and ONE State Tax ID number for your one “parent” LLC or Corporation.
  4. You will need to set up a separate business checking accounts, and maintain separate books/records for each separate business. This will help you at the end of year when it is time to complete and file your taxes.

So do not just place limits on yourself thinking that you can only start one business at the time. The more streams of income you have the better! So get going, and create your own career! Step forward and make it happen- I know you can do it!~ Abundant Blessings~ Ms. Wen

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Helpful Links for Entrepreneurs

Rarely do we have enough time to set aside to seek out helpful websites and resources that focus on aspiring entrepreneurs or those wanting to operate their business out of there home office ~ I hope everyone can at least find one or two links to browse through for ideas or inspiration as you embark on the journey to becoming your own CEO. Happy researching!

  1. U.S. Dept. of Commerce Minority Business Development Agency (D.C. office) www.mbda.gov
  2. U.S. Small Business Administration – www.sba.gov
  3. Business Plans – www.bplans.com
  4. www.business.gov
  5. www.BusinessWomen.org – will send a free kit to Women Entrepreneurs
  6. The Company Corporation – www.corporate.com
  7. www.sologig.com – Site where consultants and independent contractors can search for job opportunities
  8. www.ewfifranchise.com – The Franchise for Professional Women
  9. www.eloan.com -click on Business Financing
  10. http://assist.entrepreneur.com
  11. www.homebusinessmag.com – Home Business Magazine
  12. www.innovativebank.com – Innovative Bank offers small biz loans
  13. www.IncBizNet.com – The Networking Community for Private Companies
  14. www.kiva.org – (non-profit organization) a place where entrepreneurs can connect with potential investors- to obtain small loans as small as $25
  15. www.NeedleStackJobs.com — this site allows working moms to find professional jobs with flexible hours. By joining this free network, you can search for flextime employers and post your resume so they can find you.
  16. www.nawbo.org – National Association of Women Business Owners
  17. pinkmagazine.com/knowledge_bank.aspx – Pink Magazine’s Knowledge Bank

Check Back frequently to see more helpful sites, and if you know of a site that was beneficial to you when you became an entrepreneur = then please share it with us! Abundant Blessings. Ms. Wen

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