Are you still using a spreadsheet for your business bookkeeping? Find out whether it’s time to move on to a different system.
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Is it possible to have stable revenue, income, and other business finances when world or life events affect your business? Yes! Here’s how.
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While it may seem tough to keep your business and personal finances separate at first, it’s not as hard as feeding two cats different food. You can do it! Here’s why and how.
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Managing your business finances is like managing your personal finances. Nonetheless, it trips many people up because it sounds scary. Let’s put that limiting belief to rest, shall we? Because if you can add and subtract, you can master this.
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After the holidays, people get focused on their New Year’s Resolutions. Especially entrepreneurs and planning-lovers! We’re ready to get started and make this the best year yet. We’ve got the new fitness equipment, books, or thrown out all the sugar. It’s an exciting time!
After a few weeks though (say by the middle-to-end of February), the appeal starts to wane. Sugar sneaks back in. The equipment and books gather dust. We’re losing our motivation.
Before we jump into the mechanics, you should know why the extra complexity is worth it.
If your business makes a lot of profit, you may be a good contender for S-Corp status. If the profit is more than what you would pay somebody else to do your job, then I recommend you look into it.
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Fri-nally! It's the weekend! It was one heck of a week and now all you need is a break. You spun several pieces of fine china in the air to orchestrate all the to-dos and deliverables every day. You've earned some downtime!