IBO Bookkeeping 101 is a great resource for you and your downline. It is provided to you at no cost on IBOAI.com. This can be an important tool for your business.
Also be sure to check out the 60 Month Business Plan Worksheet on IBOAI.com. This Excel spreadsheet will assist you in developing and implementing a Business Plan. Maintain a signed and dated copy your business plan with your business records. Periodically review your business plan and sign and date any changes made.
Note: Tax Tips is one of many resources provided by the IBOAI designed to assist IBOs in the operation of an independent business. These tips are for informational purposes only, as always, it is important to seek the advice of your own tax professional for your specific circumstances.