Tim Francis (Profit Factory) – Basics Of Systemization
Build Systems Like a Pro (Systems Fundamentals Course)
This video course is packed full of information regarding how to systemize your virtual business. It was recorded on Day 1 of the Profit Factory Weekend Intensive in September 2014.
Videos included are:
1. Course Introduction & Attendee Introductions
2. Interview with Sarah (Tim’s Assistant)
3. Questions & Reflections
4. Google Drive & TeamworkPM
5. Identity Statements & Decision Making Guidelines
6. Finding & Managing Staff
Business online course
Information about business:
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
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