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How to Know if Your Side Hustle is About to Take Off

So, you decided to start a small business during quarantine… You know, to fill up all your spare time among family walks and baking bread! Or, maybe you’re considering starting a business? Either way, there are many tell-tale signs to see if your side hustle is about to take off! Take our latest quiz to see where you stand!

Part of ‘adulting’ means keeping track of your important life documents and items. Download LifeHound—an easy-to-use platform created to ensure your important documents remain organized and secure. Ready to get started? Sign up for your free trial today! Download on the app store today.

Is Your Business Really a Small Business?

Did you know that in the United States alone, there are over 30.2 million small businesses that have been established? Take our most recent quiz to find out more about the small business sector and to get technical about what actually qualifies as a small business (WARNING: You might be surprised!)

Part of ‘adulting’ means keeping track of your important life documents and items. Download LifeHound—an easy-to-use platform that was created to ensure your important documents remain organized and secure. Ready to get started? Sign up for your free trial today! Download on the app store today.

Behind the Scenes of Running a Business: Do You Have What It Takes?

So, you want to run a business? Or perhaps you already are! That’s amazing—but first, let LifeHound test your knowledge to evaluate how much you know about what being a business owner takes and looks like. Take our latest quiz now to see where you stand, and where you can improve!

Part of ‘adulting’ means keeping track of your important life documents and items. Take our quiz to see if you have what it takes to run a small business! Then, sign up for your free trial today! Download on the app store today.

Just Starting Your Business? Here’s a Checklist of What You Need to Know

2020 was the year of business launches! In fact, 4.4 million new companies started worldwide in 2020. Did you start a small business, or did the idea cross your mind? Take our most recent quiz to test your preparedness and for a rundown on all of your “need-to-knows!” as a small business owner.

Part of ‘adulting’ means keeping track of your important life documents and items. Take our quiz for a checklist of what you need to prepare when launching a business, then download LifeHound—an easy-to-use app that was created to ensure your important documents remain organized and secure. Ready to get started? Sign up for your free trial today! Download on the app store today.

Small Business Owners: How LifeHound Can Save You Money

As a business owner, you have a lot of moving pieces to keep track of. Hence, organization is key. In fact, business owners, are acutely aware of the essence of time and organization (perhaps more than anyone!)

“For every minute spent organizing, an hour is earned.” – Anonymous

LifeHound for Your Small Business

Anything that can help streamline your processes is always top of mind and ready for consideration. Luckily, today, a myriad of apps have been created to help small businesses do just this. LifeHound is one of them. Apps like LifeHound allow business owners to manage their endeavors on the go.

Whether you’re an up-and-coming business owner or your business has been around for generations… there is always something to improve upon. From document storage to reminders, LifeHound was created to keep individuals organized. And who wouldn’t want to save time and money by implementing such an organizational tool? Here, we’ve compiled a list of what LifeHound can help you achieve as a millennial business owner.

LifeHound save your small business money

Here are some examples of document storage and reminders that LifeHound offers for business owners day to day:

  • Business License (with renewal reminders!)
  • Statement of Information (Filings required annually)
  • Taxes Filed
  • Estimated Tax Payment Reminders
  • Corporate Tax Filing Reminders
  • Federal Employer Identification Numbers and State Corporation Numbers
  • W-9 for the Company
  • Website SSL Certificates
  • DUNS Number (The Data Universal Numbering System managed by Dun & Bradstreet)
  • Bank Accounts and associated information
  • Store Statements
  • Paperwork Filed for Legal Entity Creation
  • Corporate Bylaws
  • Articles of Incorporation
  • Annual Meeting Minutes (Required to be stored and reminder to hold year)
  • Company Logos or Digital Assets
business owner LifeHound account

An example of what your LifeHound account looks like as a business owner. Are you looking to start a business or have you already? To improve efficiency and reduce expenses as a business owner, connect with us today to learn more about what our LifeHound tools can offer your business!

Do you know the basics of ‘adulting’?

Gen Z may think you’re old… and you might be, but do you know the basics of ‘adulting’? Here’s your checklist to get started.

 

Skinny jeans and side parts may be a sign your getting old to Gen Z, but do you have the basic skills to complete this checklist? Are you ready to really take on that ‘adulting’ title Gen Z so desperately wants you to take? If you need some help getting started mastering your adult skills, we can help! LifeHound was created to ensure your important documents remain organized and a secure, easy-to-use app. Ready to get started? Sign up for your free trial today!

How to Create Good Habits That Last

Creating good habits starts with one simple step—put your insurance information into LifeHound

Everyone knows that high performers and successful people create good habits that stick. The question is… how do these high performers develop and keep these habits that make them successful? There are a few strategies that can help. It’s important to acknowledge that the habits you create are unique to you and the goals you have. You are in control.

When you focus on the behaviors you can control, you are more likely to develop an action plan to reach your goals. While the process of creating habits is unique to you, we have a few tips to help get you started!

Get Clear

Start by getting clear on your goals, who you are, and whom you want to become. Starting with a clear intention will help guide the process of creating habits that stick. The purpose, or the ‘why’ behind your actions, is what will drive your motivation to continue the good habits you’ve created.

habit creation infographicStart Small

Small actions make up the big picture of success. Doing a simple task consistently makes it easier to keep. Want to start reading more? Start with telling yourself you’ll read one page a night. Soon enough, you’ll be reading at least one chapter a night, because let’s be honest… who can only read one page of a book?! Want to start tracking your important documents and expiration dates? Start by inputting your insurance information into LifeHound, on day two, input your warranty claims, and so on!

Large habits are made up of different, smaller habits. That’s where the real success lies.

Establish Your Routine

The tiny habits that you started with above should be integrated into your daily routine. Write these habits down, check them off your list, and eventually, they will become part of your daily life. All your goals are possible when you commit to them and make time to work toward them.

Celebrate Your Success!

Celebrating your good habits is key to your success. As B.J Fogg explains in his book, Tiny Habits, celebrating your habits is key to your success. This can be a little dance, a fist pump, or rewarding yourself with 10 minutes of free time. Use whatever celebration that comes naturally to you, because it will have more meaning behind it! 

Make Associations

Associate your tiny habits with parts of your day that are already part of your routine. Let’s say you want to make your bed every morning. Because typically the first thing you do is brush your teeth, think to yourself, “After I brush my teeth, I make my bed.” Soon, you will automatically make your bed after brushing your teeth.

Journal About It!

Analyzing your progress is important to creating lasting habits. This process helps you celebrate your wins, contemplate your mistakes, and create plans that magnify the impact of your habits. 

Find an App to Help You

Utilizing LifeHound can have a direct impact on your daily life. When you first begin LifeHound, we help you start creating a habit out of inputting your important information into the software. We remind you (in your email inbox) to start inputting one thing at a time. Once you’re finished with the email series, you’ll have the large majority of your information in there and then you can continue on with the documents unique to your needs! Start using LifeHound today… it’s free!

How to Get Organized for Tax Season

Taxes, Taxes, Taxes!

It’s tax season! *Cue dreaded sigh* Tax season typically means it’s time to go through that massive stack of papers and start preparing your return. Keeping track of your annual income and expenses can be a stressful burden. With all the craziness this past year has thrown our way, don’t let this tax season and the IRS throw you any curveballs. It’s time to get organized. Here are a few tips to help you get through this year’s tax season stress-free.

Start by getting organized. 

If you don’t already track your paperwork in LifeHound, get all your information in one place. Ensure all the forms you have filed are completed accurately, ensuring there aren’t any typos or mistakes. Ensure your EIN numbers, social security numbers, and all other identification forms are accurately stated. Be sure to store all forms, invoices, and receipts in the same place. 

Keep track of things all year long

Tax season typically sneaks up on people. As the year goes you should be keeping all tax-related items together in either a file folder or folder on your computer. And we know, that can be overwhelming to find if you haven’t been doing so the entire year. It’s important that you start now so you’re already ready for next year’s tax season. 

After this last year, the line between business and personal expenses is blurrier than ever. Be diligent about tracking your expenses when they happen and be prepared for the IRS to pay close attention to those write-offs!

Avoid too many deductions.

Vehicle expenses, adoption credits, and home office deductions are all important deductions to consider, especially after this past year. If you are claiming excessive/unrealistic deductions that are disproportionate to your income and expenses claimed by others, it may attract IRS attention. Ensure all your deductions have documentation to back them up, and that documentation is stored in an organized manner. 

If you are a business owner, prepare W-2s and 1099s

As a business owner, you pay and withhold taxes from your staff all year. If you haven’t already provided your employees with their tax forms, you need to do so as soon as possible. 

Keep track of large charitable donations

 Charitable donations are a great way to help your community and receive tax deductions! Be careful about the size of your charitable donations, as a donation that seems too large for your income bracket can attract IRS attention. Non-cash deductions over $500 require Form 8283, be sure you have all the forms required for your specific donation. 

Tax season can be a breeze when you take steps to remain organized and prepared. LifeHound offers a one-stop-shop for all your tax season needs. Store, track, and update your forms and important documentation, so if the IRS does come your way, you’re ready. Sign up for free! Start your organization journey, and give yourself more time to enjoy your life!

How Many Life Skills Do You Have?

How many life skills do you have? It’s time to find out! Take our checklist to see where you land on the ‘adulting’ scale. Whether you’re a novice, getting by, or you’re an expert, there’s always something you can improve when it comes to adulting. This is exactly why we created LifeHound. LifeHound is your life hack to organizing your important documents, deadlines, expiration dates, and more! Want to try? Sign up today, it’s free!

Did you know you can’t travel on your passport less than 6 months before it expires?

Picture this: You’ve been planning your 2-week trip traveling up the coast of Italy for months now. Before you get to the airport you go through your checklist: passport, check. Phone, check. Ticket, check. Luggage, check. You have everything, you’re ready to go! As you walk up to the check-in counter, the attendant informs you that your passport expires in less than six months and you are unable to travel. All your fun, exciting travel plans have gone out the window!

Wouldn’t it be nice to know when your important documents are expiring? Never again would you leave the airport without pizza, pasta, and wine in your belly. 

How can you keep track of your expiration dates that won’t occur for another 10 years?

Keep a Spreadsheet

An Excel spreadsheet is a great option that helps keep track of your upcoming expiration dates. You can organize your important dates into different categories and ensure all your dates are logged. The one area that excel spreadsheets can’t cover is reminding you of your upcoming expirations. In order for this method to work, you need to keep checking in with your spreadsheet.

Set a calendar reminder on your phone.

Calendar reminders serve to eliminate the reminder issue we spoke about above. You can input your due dates and set reminders in whatever calendar format you prefer. These calendar reminders are great when you understand when everything will expire. However, for an item, like your passport, which you can’t travel for six months prior to the expiration date, you may be missing the mark. 

Use LifeHound

LifeHound was created to remind you of these exact important dates that you need to be aware of. LifeHound has preset upload templates that help guide your due date reminders, in order to ensure your information remains up to date and ready to go when you are! LifeHound literally hounds you to get these documents updated with in-app reminders. What are you waiting for? Upload your passport, insurance cards, and driver’s license today! 

Did you know you can't travel on your passport less than 6 months before it expires?