What would you say if I told you there is a way for you to earn more money with your direct sales business and you do not have to sell any more products or recruit any more team members to do it?
Well instead of showing you how to earn more, I am going to show you how to keep more of your money and pay less tax on it with these easy to track direct sales tax deductions.
Have you ever had a string of small parties where you started to wonder "what am I doing wrong?" Or even worse, cancellations, ugh. I am here to tell you that this is normal, and it happens to everyone in direct sales at some point. Follow along below to learn host coaching for big parties AND how to automate it so you never miss a beat!
If you have been in direct sales long enough it’s likely that there’s been a time or two where you’ve had a difficult time filling your party calendar. This article’s main job is to give you tons of ideas on how to get bookings for home parties.
If you read to the end of the article you will also see this article has a secondary job; to help you gain exposure for your business!
How does a 50% raise sound to you? According to Belinda Ellsworth that is how much you can increase the revenue of your direct sales business simply by having a customer follow up system.
Others I’ve spoken with told me that once they consistently started following up with their customers their business tripled!
Would you like an easy way to save $300 to $1000 this year for your direct sales business? In our Direct Sales Tax Deductions article I wrote about the mileage deduction and the phone app I use to track my mileage. This article is my MileIQ Review where I discuss why I love using this app as well as how exactly it works.
If you drive 20 miles each way to a home party, you can write-off $21.40 per drive from your taxes. If you have 2 parties per week for 50 weeks a year, you can write-off $2,140 per year! That saves you over $300!!!
One of the amazing benefits of being a direct sales consultant is the ability to deduct part of your home and home utilities from your taxes!
The home office deduction (or work from home tax deduction as some call it) as well as the mileage deduction will typically be your top tax deductions unless you hold inventory. So don’t forget this and you will pay less in taxes.
