Financial advice for small business owners and entrepreneurs. Learn how to fund your business, manage expenses, build business credit, and navigate taxes. Get tools to grow and scale smarter.
One of the primary benefits of self employment is financial freedom. You are no longer held down by an employer, meaning that you and you alone are responsible for reaching your full earning potential. Many people shy away from self employment due to the costs associated with this decision. This isn’t something that should hold … Read more
There are people who make the move into self employment and never look back. Every step they take is one that moves them closer to their professional goals. Conversely, there are people who soon realize that they are now faced with a variety of challenges. And for this reason, they are truly scared. Do you … Read more
As a self employed professional, you realize how difficult it can be to work efficiently. There are many reasons for this, including the fact that you are no longer in a connected office with other people. While this is a big adjustment, the use of technology can work in your favor. This makes it easier … Read more
Deciding to take a leap into the self employment pool may be one of the best decisions you ever make. Not only does it give you more control over your destiny, but it provides a high level of freedom. Just the same as any professional endeavor, you need to consider both the pros and cons. … Read more
As a self employed professional, it goes without saying that you always have a lot on your mind. After all, you are responsible for every aspect of your business. From accounting to marketing to sales, you are the person in charge. Unfortunately, many self employed people face burnout at some point in their career. It … Read more
With 2015 coming to an end, there is no better time than now to plan for the future. This holds true both personally and professionally. If you are tired of working for somebody else, if you are ready to take the bull by the horns, self-employment in 2016 may be the best decision. While this … Read more
As a self-employed professional, you are well aware of the pros and cons of working for yourself. Regardless of your industry or how much money you earn, nothing changes the importance of understanding your tax situation. There are many ways to reduce your taxable income, including a variety of deductible expenses. With the year coming … Read more
There are still a few months left before the calendar year turns, but now is the time to look toward the future. More specifically, your career related goals for 2016. Are you interested in becoming a self employed professional in the new year? Are you finally ready to take the leap and turn a new … Read more
If you plan on working as a self-employed professional, there are tax implications to consider. Before you take this step, it is important to understand the ins and outs of self-employment tax. This means answering three questions: • What is self-employment tax?• Who is required to pay self-employment tax?• How do you pay self-employment tax? … Read more
From time to time, the self employment bug may bite you. You dream of leaving your corporate job in the past and doing your own thing. While you are familiar with the benefits, such as increased flexibility and the opportunity to make all key decisions, you aren’t sure just yet if this is the right … Read more
