Tag Archives: small business

Home Office Tax Deductions Are Fantastic: Learn How To Do It

August 24, 2019 | By: Robert A. Green, CPA | Read it on

Since 1999, the home-office deduction is no longer a red flag — millions of Americans benefit from this deduction each year. Countless taxpayers run businesses from home, and the IRS understands this. The income-requirement rule also limits the use of this deduction for profitable enterprises, which appeases IRS concerns about abuse and hobby-loss businesses. Before the IRS liberalized home-office deduction rules in 1999, a more stringent requirement was that business taxpayers needed to meet clients in their home office. Now, the only requirement is administration work, and another principal office outside the home doesn’t negate the deduction.

Many small-business owners, including traders eligible for trader tax status (TTS), operate from a home office. Some of them also conduct their business from job locations using cloud computing, apps, and mobile devices. They can qualify for the home office expense deduction in this situation, as well. The IRS does not permit investors to take a home office deduction.

Convert personal home costs into business expense deductions. This same concept applies to many other items such as phone, Internet, furniture, fixtures, and more. Keep in mind that business income or TTS trading gains are needed to unlock most home-office deductions. If a business doesn’t have sufficient net income, the otherwise allowable home office deductions are carried over to the following tax years. (In this situation, hopefully, the person remains in the business and has net income in subsequent years to use the carryovers.)

There are several special requirements and rules for the home office deduction. A home office must be exclusively and regularly used for business, meaning children and guests can’t use this room. Report “indirect expenses” on Form 8829 and include every expense and cost related to the home. For example, include depreciation or rent, utilities, insurance, repairs and maintenance, security, cleaning, lawn care, and more.

Include mortgage interest and real property taxes, too, and this home-office portion doesn’t require income. The remaining part of mortgage interest expense and real property taxes are Schedule A itemized deductions.

Real property taxes on Schedule A are part of the new tax law (TCJA) SALT limitation. However, the home office portion or real property tax is not subject to the SALT limitation.

To calculate the home-office deduction, take the square footage of the home office (and all related business areas such as storage, hallways, and bathrooms). Divide that by the total square footage of the home (10-15% is customary). Alternatively, taxpayers can do the apportionment based on the room’s method. Form 8829 multiplies the home-office percentage by the indirect expenses. If the business files a partnership return, report home-office expenses as unreimbursed partnership expenses (UPE) on Schedule E. For S-Corps, use an accountable reimbursement plan before year-end.

Per Thomson Reuters/Tax & Accounting Client Letter (see list below):

“Sales of homes with home offices. If you sell-at a profit-a home that contains, or contained, a home office, the otherwise available $250,000/$500,000 exclusion for gain on the sale of a principal residence won’t apply to the portion of your profit equal to the amount of depreciation you claimed on the home office.”

Depreciation expenses on the home office over the years save taxes at ordinary income tax rates. Recapture of depreciation on a sale of the principal residence is taxed up to a 25% capital gains rate, which is unique to Section 1250 property. Tax deferral is another value. The rest of the home enjoys the exclusion of capital gain up to the limit.

If a taxpayer sells his principal residence at a loss, the net loss is not deductible. However, the recapture of depreciation income might not exceed the loss amount, meaning there is no taxable income from depreciation recapture to report on the tax return.

TCJA capped state and local income taxes, sales taxes, real property taxes, and personal property taxes (SALT) itemized deductions on Schedule A at $10,000 per year (any combination thereof), and $5,000 for married filing separately. TCJA also reduced itemized deduction limits on mortgage interest expenses and casualty losses.

Home office tax benefits for employees
Employers require some employees to work from a home office. The new tax law (TCJA) suspended unreimbursed employee business expenses as itemized deductions. That leaves only one other way to arrange a tax benefit for home office expenses. An employee can seek reimbursement from an employer for home office expenses through an accountable reimbursement plan. The employer deducts home office expenses and does not include this payment on the employee’s W-2 as taxable income.

Our below Thomson Reuters/Tax & Accounting Client Letter for “telecommuting employees” states:

“The convenience of the employer requirement is satisfied if: you maintain your home office as a condition of employment-in other words, if your employer specifically requires you to maintain the home office and work there; your home office is necessary for the functioning of your employer’s business; or your home office is necessary to allow you to perform your duties as an employee properly. The convenience of the employer requirement means that you must maintain your home office for your employer’s convenience, and not for your own. This requirement isn’t satisfied if your use of a home office is merely “appropriate and helpful” in doing your job.”

Client Letters from Thomson Reuters/Tax & Accounting:

  • Home office expense deduction for a self-employed taxpayer
  • Exclusion of gain on sale or exchange of principal residence
  • How the home sale exclusion applies to a residence used for residential and business (nonresidential) purposes or to produce rental income
  • Office at home for telecommuting employees
  • Converting a home into rental property

For access to these Client Letters from Thomson Reuters/Tax & Accounting, please join our email list. We send bulk emails a few times per month and include links to Client Letters.

11 Tax Breaks To Start And Grow A Small Business

November 10, 2014 | By: Robert A. Green, CPA

Join Green NFH CPA and small business tax expert Robert A. Green in this Webinar.

Among the most popular “American dreams” is starting your own business. Entrepreneurship is the bedrock of America’s thriving economy and Congress continues to favor small business with tax breaks. Uncle Sam is patient for income taxes, allowing: upfront and accelerated expensing; paying business taxes on individual tax returns where other business or investment losses and expenses can be applied; lower tax rates (graduated rates) for lower income; and averaging business income over several years with net operating losses (NOLs). In this Webinar you will learn about:

  1. Business expenses and net operating losses (NOLs)
  2. First-year expensing (100% depreciation) and bonus depreciation
  3. Start-up expenditures
  4. Organizational expenditures
  5. Converting personal expenses to business use
  6. Home-office deductions
  7. Retirement plan deductions
  8. Health insurance deductions
  9. Hiring family members to save taxes
  10. Using our special strategy “Active Investors” to navigate around passive-activity loss rules
  11. Ecommerce/virtual business in a tax-free state to avoid Obama-era tax hikes and state taxes

Read our Nov. 10 blog 11 tax breaks to start and grow a small business in conjunction with this Webinar.

What’s your small business American Dream?

Sincerely, Robert A. Green, CPA

11 Tax Breaks To Start And Grow A Small Business

| By: Robert A. Green, CPA

Join or watch our Webinar: 11 tax breaks to start and grow a small business.

Among the most popular “American dreams” is starting your own business. Entrepreneurship is the bedrock of America’s thriving economy and Congress continues to favor small business with tax breaks. Uncle Sam is patient for income taxes, allowing: upfront and accelerated expensing; paying business taxes on individual tax returns where other business or investment losses and expenses can be applied; lower tax rates (graduated rates) for lower income; and averaging business income over several years with net operating losses (NOLs). Plus America has voluntary tax compliance. America’s tax system is the envy of the world, and it’s the best place to start a business.

Interested in starting your own business? Find a niche in the marketplace in which you can compete with an edge. It’s possible to open a virtual business within weeks. The incredible advances in ecommerce have made it possible to launch a website with an online store and outsource fulfillment and logistics to other entrepreneurs. Borrow money at record low interest rates and get a full tax deduction for interest expense.

GreenTraderTax has been servicing investors, traders and investment managers since 1983. Business traders and investment managers are classic small businesses. Business traders have trading gains and losses rather than revenues. Investment managers have advisory fee revenues. Both have operating expenses and no inventory of products. They share many of the same tax, accounting, entity and retirement plan strategies and solutions.

Small business also generates self-employment income (SEI) or earned income, which in many cases triggers FICA and Medicare taxes — payroll taxes on wages or self-employment (SE) taxes on sole proprietor net income or Schedule K-1 ordinary income from partnerships. Traders do not have SEI on trading gains, with the exception of a futures trader who is a full-scale member of a futures exchange. S-Corps also do not pass through SEI, so the IRS requires “reasonable compensation” for officer/owners of approximately 50% of net income.

If you’re thinking of starting up your own small business, consider these 11 important tax breaks:

1.  Business expenses and NOLs

If you want to see what a country values most, study its tax code. In America, business enjoys the best tax breaks compared to investors and employees. Business expenses are deductible from gross income with few limitations and business losses comprise NOLs, which can be carried back two years and/or forward 20 years. You can choose between the cash or accrual method of accounting. Conversely, investment expenses and unreimbursed employee business expenses (Form 2106) are limited as miscellaneous itemized deductions on Schedule A.

Costs to develop, build or acquire a business or asset are capitalized as an asset. A taxpayer must check to see how the IRS allows expensing of that asset — depreciation or amortization —generally over a prescribed useful life. Obviously, the sooner you can write off an asset via a tax deduction, the more your net income will be reduced.

2.  First-year expensing (100% depreciation) and bonus depreciation

Section 179 “Election to expense certain depreciable business assets” allows 100% depreciation in the acquisition year on qualified Section 179 property. The 2013 limit was $500,000, but “tax extender” legislation lapsed at the end of 2013, so the old limit of $25,000 returns for 2014 with an adjustment for inflation. Hopefully, the 2014 and 2015 Congress will renew a much higher limit for Section 179 retroactively to Jan. 1, 2014. (Postscript on 12/4: —The House just renewed all tax extenders for 2014 and the Senate and White House will probably agree.) Learn more about the Section 179 Deduction on the IRS site, including What Property Qualifies?

3.  Start-up expenditures

Section 195 “start-up expenditures” include costs for “investigating and inquiring” about a new business; they do not include acquisition costs, fixed assets (equipment) or intangible assets (software). Sometimes a larger business may try to disguise acquisition costs as start-up costs and the IRS says no. However, many small business start-ups do have costs for investigating and inquiring about a new business. Business traders take classes before trading and that squeezes into start-up costs. Section 195 rules: file an internal “expense election” to deduct $5,000, plus deduct the rest over 180 months beginning with the month in which the business begins. Tip: start your business activity ASAP so expenses after commencement are unlimited operating expenses. We think capitalizing start-up costs six months from inception is reasonable.

4.  Organizational expenditures

Section 248 “organizational expenditures” are similar to start-up expenditures with an election for a $5,000 deduction and the rest over 180 months beginning with the first month. Organizational expenditures are for forming your business entity with attorneys, accountants and incorporation services. When an attorney provides various services to your company, it’s important to get an itemized breakdown of the fees between organization expenditures, operations, acquisition and personal.

5.  Converting personal expenses to business use

The majority of taxpayer individuals are employees receiving W-2s. Employees don’t have deductions from gross income or adjusted gross income (AGI). They are stuck with restricted itemized deductions for state and property taxes, mortgage and investment interest, charitable contributions and miscellaneous itemized deductions (investment expenses, tax compliance expenses and unreimbursed employee business expenses). Employees get few tax breaks after wasting deductions to thresholds, AMT preferences, the Pease limitation and state restrictions. It’s the opposite for small business: They get deductions from gross income (business and home-office expenses) and adjusted gross income (retirement and health insurance premiums).

Many small business people have an office in their home and they coop one of the family automobiles for business use too. They arrange vacations that can also accomplish some business goals like attending a trade show or convention. They socialize with other entrepreneurs who can help them succeed in their business. They start to blur the lines between business and personal and the end result is a reduction of personal non-deductible expenses and an increase of business expenses. Be sure to follow IRS rules on compliance, documentation, autos, travel and entertainment. It’s wonderful to convert personal-use assets and expenses into business-use assets, unlocking business deduction treatment. Without spending additional money, you convert limited itemized deductions or non-deduction of personal expenses into business tax deductions. Tip: Use GTT Tracker to track expenses and comply with IRS rules for documentation on a contemporaneous basis.

6.  Home-office deductions

The home-office deduction is one of the most powerful deductions for business owners. Since the IRS liberalized home office rules in 1999, taking the deduction is no longer a red flag. You don’t have to meet clients in your home, but you can only deduct home office expenses against business income. The amount not deducted is carried over to the subsequent tax year. Determine the home office percentage by either the square footage method or room’s method, and then deduct that percentage of all home expenses including depreciation or rent. Tip: Most taxpayers would love to write off a big chunk of their home expenses, so make sure you meet the exclusive use requirement to enjoy this juicy tax break.

7.  Retirement plan deductions

Uncle Sam gives generous tax breaks to those saving for retirement. All income growth in retirement plans is tax free until ordinary income distributions are taken in retirement. Set up officer compensation in your S-Corp or C-Corp or guaranteed payments in a partnership, or look to sole proprietorship net income. Establish a high-deductible retirement plan.

We generally recommend an employer 401(k) plan for corporations and partnerships and an Individual 401(k) plan for sole proprietors. The 401(k) elective deferral ($17,500 for 2014 and $18,000 for 2015) is 100% deductible, plus it’s paired with a 25% employer profit-sharing plan allowing a total contribution of up to $52,000 for 2014 and $53,000 for 2015. There’s also a catch-up contribution ($5,500 for 2014 and $6,000 for 2015) for taxpayers age 50 and over. An Individual 401(k) plan has a 20% profit sharing plan, which is not as generous as the employer plan.

High income businesses should consider a defined benefit (DB) plan where much higher amounts can be contributed per year (up to $210,000 for 2014). DB plans require actuaries and attorneys and it takes time to set up. Consider different options for your retirement plan contributions, and whether you have sufficient cash flow to maximize this tax deduction.

8.  Health insurance deductions

Sole proprietors and partners in partnerships have SEI which unlocks a 100% AGI deduction for health insurance premiums on their individual tax return. S-Corps are tricky: Add the individual health insurance of the officer to officer’s compensation and take a 100% AGI deduction for health insurance premiums on the owner’s individual tax return.

For high-deductible ACA-compliant health insurance plans, consider a Health Savings Account plan. If you have significant unreimbursed health expenses, consider a medical reimburse plan. Only a C-Corp can have an MRP, not a partnership or S-Corp for more than 2% owners and attribution rules apply to spouses. If you have a C-Corp, consider other types of fringe benefit plans, too.

9.  Hire family members

Shift income to children over the age of the kiddie tax rules. Hire a spouse to do the elective deferral for your spouse on an employer 401(k) plan.

10.  Active Investors

If you join a small business as an active investor — providing capital and labor — you can navigate around the onerous Section 469 passive-activity loss rules by meeting the material participation standards. Although material participation is similar to “trader tax status” requiring “regular, continuous and substantial” work, there are important differences. Material participation standards provide bright-line tests, whereas trader tax status looks to case law instead. The material participation rules are complex; read them closely and consult an expert afterward. (Read more about our creation of the “Active Investor” tax strategy on our blog Private-Equity Active Investor Tax Breaks.)

Passive investors may only deduct passive activity losses – passed through on Schedule K-1s – against passive activity income. They may not take a net loss in a given tax year, unless they sell the investment fully realizing the loss. Otherwise, they have suspended tax losses. Passive activity net income from pass-through entities is also subject to Obamacare 3.8% Medicare surtax on unearned income (Net Investment Tax, NIT bucket 2). Active investor owners don’t have net investment income for NIT.

11.  Ecommerce/virtual business in a tax-free state

Many taxpayers living in a high-tax state would like to operate their business from a tax-free state to avoid paying state taxes. If you operate a pass-through entity, it doesn’t make any sense since the income is passed to your individual state tax return anyway. To claim you do business in a foreign state rather than your resident state, you shouldn’t have employees, assets and sales in your resident state (known as “nexus” rules). Traders live, work and trade in their home state, so claiming an out-of-state business wouldn’t be feasible, and they use pass-through entities anyway. But it’s different for an ecommerce/virtual business set up in cyberspace.

One idea is to form a C-Corp in Delaware and operate an ecommerce/virtual business that is not landed with sales, employees, inventory or assets in your high-tax resident state. Arrange for the corporation to pay you fees as an agent (not employee). Those working in the corporation as independent contractors — along with the servers — must be located out of your home state.

Enjoy lower corporate tax rates of up to 15% on the first $50,000 of income and 25% on the next $25,000 of income. (The rate is 34% for $75,000 and up.) Avoid state corporate tax and individual tax for many years. After you accumulate large retained earnings, pay a qualifying dividend taxed at lower capital gains taxes up to 20% (federal plus state).

Be your own boss
Most Americans prefer the “security” of a job over the perceived risks of starting and owning your own small business. Putting in a week’s work and get a weekly paycheck seems safer than working hard at a new small business and perhaps losing money.

But many of today’s jobs are not your grandfather’s jobs which often provided a lifetime of pension security. Today’s jobs are more prone to disappear in a flash with outsourcing, mergers, reorganizations, downsizing, productivity improvements (machines taking over), company or product obsolescence and disruptive technologies. Corporate America has grown harsher in its never-ending pursuit of productivity and profit often at the expense of the people. To save a buck, established businesses boot out aging employees just as they reach the pinnacle of individual success and compensation. Starting your own small business is not just a dream — it’s good business.

When I left Ernst & Whiney (now big-four accounting firm Ernst & Young) in 1983 to start Green & Company CPAs, I felt more secure with five founding clients than just one employer. Losing one employer leaves you stranded, but losing one client may not be a problem at all. Entrepreneurs aren’t risk takers; they are risk avoiders. (Read my blog article Traders should think of themselves as entrepreneurs. Some may want to diversify by operating more than one business.)

Bottom line
Green & Company and Green NFH helped thousands of traders and others launch new businesses, and we are ready to help you too. We have the expertise you need to assess new business opportunities, structure the business with the right entity and employee-benefit plans, reap small business tax breaks and grow your business with success. What’s your small business American Dream?

Traders Should Think Of Themselves As Entrepreneurs

October 4, 2011 | By: Robert A. Green, CPA

Postscript September 2014: While we no longer operate Green’s Entrepreneur Network, we are focusing on the tax needs of small businesses. Many traders and spouse operate another home-based business. 

Traders may not realize it, but they are entrepreneurs. It’s wise for traders to learn and follow entrepreneur business axioms. What counts most are bottom-line net profits and after-tax cash flow from your trading business over a period of time; not just successful trading strategies. 

Risk taker or avoider?
Many people will say entrepreneurs are risk takers. It’s actually the opposite, — entrepreneurs are “risk avoiders.” Malcolm Gladwell, in his 2010 New Yorker article “The Sure Thing,” made this point in his excellent story on a few very successful entrepreneurs. Ted Turner, founder of CNN and John Paulson, the famous hedge funder who did the Big Short with Goldman Sachs each made billions on what they viewed as a “sure thing.” They mostly used other people’s money rather than their own. 

But, there is no sure thing when it comes to trading. Successful active traders use a plethora of tools, charting services and hedging strategies to limit risk. Traders shouldn’t bet the family farm on a new trading business either and they need the discipline of reversing course after a period of consistent trading losses. 

Once an entrepreneur, always an entrepreneur 
There’s good news during this high unemployment era: It’s not just a choice between trading for yourself or getting a job again. Traders are well suited for seeking other entrepreneurial activities, perhaps related to trading or their prior career skill sets. You don’t have to give up trading for good; you can try out other entrepreneurial endeavors while you restructure your trading business. 

How to balance trading with other activities 
Some active traders keep their full-time jobs and fit trading around their job schedules. Others leave their jobs to pursue trading fulltime. Some traders like to diversify their entrepreneurial activity by trading during market hours and operating another entrepreneurial activity after trading hours. 

Some traders are enamored with the trading industry and they want to launch a trading services business involving trader education, coaching, mentoring, IT, administrative services or blogging. Other traders want to start a brokerage firm, proprietary trading firm or investment management business. 

The common thread through all of this is being an entrepreneur and having financial and business independence. 

Diversification is wise 
Just like an investor should not hold their entire portfolio in one stock, some traders may want to own and operate more than one business activity. Diversification of business activities is a good idea since only a low percentage of traders are able to make a sufficient living from trading over the long-term. Many traders may be successful during certain market conditions, but they may lose their way when market conditions change – which happens fairly often these days. 

Entrepreneurs keep tax breaks 
If a trader falls short of “trader tax status” (business tax treatment), they can retain business tax treatment in another side business. The IRS is not as strict with other business activities as they are with trader tax status. 

Traders want to be able to deduct general business expenses, home-office expenses and AGI deductions including retirement plans and health insurance premiums. Dedicated trading expenses are treated as investment expenses (Section 212) when a trader falls short of trader tax status. Section 212 does not allow home-office expenses. Employees get very few tax breaks and expenses. 

Entrepreneurs need to be virtual and global 
Modern-day entrepreneurs need to take advantage of online tools, services and ecommerce and create a fully equipped home office. With the reach and power of the Internet and online business, entrepreneurs should seek global cooperation and business as well. For example, you can design a great product in America or Europe, manufacture it with a manufacturer in an emerging market and sell it globally, including in high-growth emerging markets too. All of this can be done from a home office over the Internet without employees. 

Entrepreneurs can weave joint venture and contractor relationships over the Internet to create a partner-in-profit relationship rather than an employer-employee relationship. 

Traders are experimental, and most entrepreneurs should be too. 
Most traders experiment with trading by using online broker “demo” or “sim”(ulate) trading systems, before committing precious capital to risky live trading. Other traders “back test” trading strategies and ideas beforehand too. But, the real proof is in the pudding when you go live. Trading in a live account triggers sweat and more emotions, and that risk is very different from the cocky feeling one gets while sim trading. Risk avoidance is important, but undue fear of risk can sink otherwise good traders. 

Successful entrepreneurs conceive of great ideas that suit their skills and passions and they execute them well. Trial and error is a huge part of an entrepreneur’s success. Entrepreneurs should also test new products and services out on friends, family and close business associates. 

A California executive becomes a business trader and sets up a BOO business. 
Sanjay is a high-salaried engineer at a California software company. At age 55, Sanjay and his wife Vainavi are now empty nesters. Sanjay is approaching the end of his career and he feels insecure in his job considering that his company is facing technological obsolescence and management is increasingly offshoring jobs to foreign markets. Vainavi gave up her administrative job a few years ago and she is anxious to work again. Like her name means in English, she is a gold mine of talent.

Sanjay has been trading for several years. He became interested in trading after receiving employer stock options, exercising and holding some and trading options around his core stock positions. As a software engineer, Sanjay got swept up in online trading. It was a natural fit for his engineering skills, mindset and passions. Vainavi helps Sanjay organize and operate his trading activities. 

This year, Sanjay has taken trading to a higher level. He’s been very profitable, making even more money than at his day job. Rather than wait another year to face an impending company restructuring, Sanjay has decided to become a full-time trader and entrepreneur. Instead of trying to fit trading into his busy job schedule, Sanjay wishes to make trading his top priority and engage in other entrepreneurial activities as well. Vainavi wants to be Sanjay’s business partner in all these endeavors too. They have saved sufficient money over the years and feel the time is ripe to become entrepreneurs. They want business activities they can pursue until their late 70s. 

Sanjay now day and swing trades securities and options in a new husband-and-wife general partnership account. Vainavi helps with research, administration, accounting and more.

Sanjay’s employer was sorry to see him leave. His ex-boss figured Sanjay could manage some of the company’s offshored jobs sent to India. Sanjay turned down part-time employment but agreed to be a new supplier to his ex-employer instead. Sanjay set up his own Business Operations Office (BOO) based in India, along with local Indian colleagues. Sanjay offered to house his ex-employer’s Indian contractors in his BOO to improve management and security – exactly what his ex-boss wanted in the first place. But in this scenario, the software company encounters less risk. Sanjay leaves much of the Indian-based operations to his Indian-based partner while he focuses on trading and sales of his BOO services – which doesn’t take much time. Vainavi helps out with the BOO business, as she was a career administrator before and this is right up her alley. 

The end result is great. Sanjay and Vainavi beef up trading and make even more money. Sanjay left a negative job scene and replaced it with a new exciting BOO business in India, with his ex-boss and company as his first client. Sanjay and Vainavi plan to get several other good clients for their BOO business too. Having an anchor client with an excellent reputation is a great start. Vainavi is happy to be working more again. 

Sanjay and Vainavi set up two home offices in their children’s former bedrooms. They expense 20 percent of their home for business purposes and deduct much of their travel expenses to India. 

This entire entrepreneurial endeavor is fairly easy and natural for Sanjay and Vainavi, as they were both Internet and computer savvy. They got the additional support they needed on business, tax and legal matters from experts in trading, virtual business and global entrepreneurs — including Green & Company. 

To conceive and expand their trading and BOO businesses, Sanjay and Vainavi benefited from having joined Green’s Entrepreneurs Network, led by Robert A. Green.

Green’s Entrepreneurs Network suggested that Sanjay and Vainavi set up their own proprietary trading firm. They can recruit prop traders in India, managed by and housed in their BOO operation, to trade their own capital or capital raised from other members of Green’s Entrepreneurs Network or other contacts of Sanjay and Vainavi.

Bottom line. 
While trading is an exciting and profitable business for some, it’s unprofitable for others. While most traders hope to hit a home run, that’s simply not feasible for most. Traders often retool, restructure or take some time off from trading. Why not consider other entrepreneurial endeavors during those times? If you love trading because it meets your urge for financial and business independence, you will satisfy that same urge with other types of entrepreneurial activities too. Jobs may be scarce, but entrepreneurial opportunities are not and the world is your oyster. 

Robert Green invites you to join Green’s Entrepreneurs Network. Membership to this entrepreneurial endeavor is free. It’s a win-win: You will learn new ideas, meet new people and gain invaluable experience. This is not a support group for sorrow, but a springboard group for launching and improving successful businesses that are rewarding in terms of profit and passion for our members.