INS URAAANNCE INSUR CE TI TIPPSS INSUR
Staring a Small Business Teaching your kids emergency preparedness Up Your
by Amber Thomason by by Amber Amber Thomason Thomason
Entrepreneur Game
According to Forbes, more 500,000 smallbut Weather may scare your Weather emergencies emergencies maythan scare your kids, kids, but businesses open each month. If you're looking helping them understand what to expect can helping them understand what to expect can to join the club, consider reduce the stress. go your family reduce theentrepreneurial stress. Carefully Carefully go over over yourthis family planning guide for starting a small business. emergency emergency plan plan and and teach teach them them how how to to stay stay safe safe whatever whatever the the disaster. disaster.
Laying the groundwork
Getting your disaster Getting your family prepared for for any any disaster It's important tofamily have a prepared well-developed business proposal that by Amber Thomason meets an untapped need. Follow these steps to think yours Complete Complete the the following following with with your your family family so so severe severe weather weather through: doesn’t doesn’t catch catch you you off off guard: guard: 1. Decide on a business idea. Think about your strengths • • Create Create an an emergency emergency supplies supplies kit. kit. Include Include aa threethreeand interests: What could you do forever? What could day supply of water, nonperishable food, flashlights, day supply of water, nonperishable food, flashlights, hendo? starting a business—from you never How do you feel about interacting with blankets blankets and and kid-friendly kid-friendly activities. activities. The The Red Red Cross Cross peoplefreelance or spending your time at a desk? to Ask yourself photographer provides of provides aa listing listing of emergency emergency supplies suppliesato to help help you you these questions to narrow down your business ideas and prepare. prepare. trendy bakery—it can be one of the most options. • • Practice Practice your your emergency emergency plan. plan. Include Include two two evacuation evacuation 2.rewarding Research market demand andof competition. You should experiences your life. We routes, routes, aa safe safe room room and and two two different different meet-up meet-up feel confident that your product or service will have a have some simple tipssure to kids set you for itit locations — run through locations — and and make make sure kids can can runup through hungry audience and that you can offer it in a better way calmly. calmly. success when you start your business. than your competitors. • • Run Run through through the the basics. basics. Kids Kids should should know know how how to to call call 3. Write your business plan. You'll need the following 911, identify themselves, identify their location, 911, identify themselves, identify their location, reach reach While it can be tempting to keep all your finances components: emergency contacts and get predetermined emergency contacts and get to tothe predetermined safe together, it won’t summary be simpler down road. From safe taxes • Executive locations. locations. to future investors toand your own memory, keeping your • Organization management business and personal expenses in a weather separate account •your Funding Teach kids the Teach your kidsrequests the various various severe severe weather conditions conditions • Company description or spreadsheet will help reduce financial angst in the Teach your kids the natural Teach your kids about about the different different natural disasters disasters and and how how • Service or product line future. to each. to react react•in inFinancial each. projections IfIf you in Tornado. you are are in the the path of of aa tornado, tornado, go into into aa • Tornado. Market Come• • tax time, analysis you’re going to path separate businessgo tornado safe place. This is typically the lowest level of tornado safe place. This is typically the lowest level of • Marketing and sales plan expenses and personal. Keeping them separate upfront the building and stay away from windows, doors and the building and stay away from windows, doors and 4. Separate your business and personal expenses. While it will make April walls. 15 a breeze while setting you on or the right outside you are outside outsideto walls. you arefinances outside with with no no car car or nearby nearby can be tempting keepIfIfall your together, especially path to making sure you and your business get the max shelter, down in and shelter, lietoo down in abiz a ditch ditch and protect protect your head. head. it when there aren’tlie many expenses at the your beginning, tax return. • Severe thunderstorm. If you have advanced notice • Severe thunderstorm. If you have advanced notice won’t be simpler down the road.
W
FROM FROM TOP TOP TO TO
Before• your small business up and you'll that storm isis heading your way are • getting that aa severe severe storm heading yourrunning, way there there are need toways complete the following legal requirements. Consult go ways to to be be more more prepared. prepared. IfIf aa storm storm isis sudden, sudden, go an attorney and/or accountant for guidance relevantand to your see lightning or don’t indoors if you you seechecking lightning or hear hear thunder, thunder, and don’t 1. Openindoors a small ifbusiness account. With a separate specific situation. plug outlets. use items that plug into into electrical outlets. Avoid using accountuse anditems creditthat or debit cardelectrical connected, you’llAvoid haveusing a water, faucets electricity. running water, as as faucets can conduct electricity. log of allrunning your business costs. Justcan be conduct sure to use the right 1. Decide your business structure. Is your business a sole • Practice the “Drop, and Hold On” • Earthquake. Earthquake. Practice theand “Drop, Cover and Hold On” card when you’re checking out ask Cover for two separate proprietorship or a partnership? The Internal Revenue method, and to recognize safe places method, and learn learn tobusiness recognizewith safepleasure. places in in each each transactions if you’re mixing Service (IRS) can provide more information on types of room at and room at home home and at at school. school. business structures. 2. Manually categorize your expenses in a spreadsheet. • isis expected, • Hurricane. Hurricane. When When you you know know aa hurricane hurricane expected, 2.you’d Most states require you to apply for onethis or licenses, If rather not open a new account, do the old prepare of impact. prepare your your home home for for the the possibility possibility ofmore impact. permits or identification numbers. Learn more about the school way: keep a spreadsheet and update it religiously. A During During the the storm storm stay stay away away from from glass glass windows windows and and small business requirements for your state. simple workbook with the date, merchant, cost, and a quick doors, doors, and and be be ready ready to to follow follow hurricane hurricane evacuation evacuation 3. If you plan employ people to amounts help run if your small description willto save you emergency incredible time come instructions from officials instructions from emergency officials ifofnecessary. necessary. business, you'll need to apply for employee identification tax time • • Flooding. Flooding. Don’t Don’t go go into into flooded flooded areas. areas. Just Just six six inches inches numbers through thecan IRS. of moving water knock you off your feet, and of moving water can knock you off your feet, and 3. out if you need toyou filewill a separate tax returnyear for or your 4. Find Determine whether use the calendar a standing floodwater could be contaminated or standing floodwater could be contaminated or business. Depending on your type and size of small business, fiscal year for taxes. contain IfIf your the contain sharp objects. your car isis affected affected the you might needsharp to fileobjects. a separate tax car return or just in ainseparate storm, assess the damage. storm, assess the damage. section tax return. Also talkoftoyour yourpersonal State Farm® agent about special small business insurance needs. You'll do your You’ve got prepared customers to take carewant of totokeep yourbest small Also, being aa Home Inventory might be Also, being prepared with with Home Inventory might be helpful helpful to protect the investments you've made, and important running smoothly. Butclaim behind thecase scenes, youor need ififbusiness you to in of you need need to file file an an insurance insurance claim in the the case of lost lost or coverage cancare varyofbyyour business. We are small business owners to be taking finances avoid a mess down the damaged possessions, help secure aa settlement, and prove damaged possessions, help secureto settlement, and prove and would love to of help you get started on yourand dream today. road. For the sake the IRS, future investors, your own useful useful when when verifying verifying property property loss loss for for taxes. taxes. sanity, separating small business accounting is an essential part of being the rock star entrepreneur we know you are. AmberThomason Thomason and and ofof insurance Amber her staff have over 15 years Amber Thomason and her herstaff staffhave haveover over15 15years years of and financial service experience and would love the opportunity Amber Thomason and her staff have over 15and years of insurance insurance and service experience would love insurance and financial financial service experience and would love to earn your business. Come home a locallove agent is and financial service experience andtowould the that opportunity the opportunity to your Come to the opportunity to earn earn your business. business. Come home home to aa local local dedicated tobusiness. the life and needs of her customers. 221 Thompson to earn your Come home to a local agent that is agent agent that that isis dedicated dedicated to to Dr.,life Kerrville. 830-315-5433. dedicated the life the and of her the life andtoneeds needs ofand herneeds of her customers. 221 Thompson customers. customers. 221 221 Thompson Thompson Dr., Kerrville. 830-315-5433. Dr., Dr., Kerrville. Kerrville. 830-315-5433. 830-315-5433.
Anxiety? Trauma? Anxiety? Depression? Depression? Trauma? Recovery? Women’s Mind-Body GroupRecovery? Therapy Our minds and bodies are connected. Psychotherapy Psychotherapy for forAdults Adults && Teens Teens When professionals treat them separately, Residential Residential & & Commercial Commercial New New Construction Construction Moving Moving Cleans Cleans Excellent Excellent References References
BOTTOM BOTTOM CLEANING CLEANING
Setting up shop
830-777-0402
36 || JAN-FEB SEPT-OCT 2020 ||KERR KERR COUNTY PEOPLE MAGAZINE 36| SEPT-OCT2021 2020|| KERR COUNTY PEOPLE MAGAZINE 36 SEPT-OCT 2020 KERR COUNTY PEOPLE MAGAZINE COUNTY PEOPLE MAGAZINE
we remain disconnected. Disconnected Lunch Mind/Body Presentations @ Lunch Mind/Body Presentations from self, others, God, and life. @ Your YourBusiness Business
Strong BodyStudies/Adoption + Balanced Mind =Evaluations Happy Life Home HomeStudies/Adoption Evaluations Join us in becoming One. Mindfulness Mindfulness On On Paddle Paddle Boards Boards
Group Therapy $50
Insurances InsurancesAccepted Accepted Welcome) BCBS, Ambetter, Medicaid, BCBS,(LGBT Ambetter, Medicaid,WebPTA WebPTA
MindBodyTraining.Net 320 320Jefferson JeffersonSt., St.,Kerrville, Kerrville,830-285-5095 830-285-5095
DDaannaa LL. . CCaarrddwweel l l, , MM. .EEdd, , LLPPCC, , LLCCDDCC 320 Jefferson St., Kerrville, 830-285-5095 CardwellTherapy.com CardwellCounseling@yahoo.com CardwellTherapy.com CardwellCounseling@yahoo.com
