Stop with the spreadsheets already! If you run a business, you need accounting software. I’ve said this many, many times, which is why some people don’t talk to me anymore. Are you looking to move from a series of meticulously designed spreadsheets to actual accounting software? In that case, I will spotlight Wave in this … More Business Accounting Software: Wave
Spooky and eerie and unknowable. Wait, am I describing your finances? If you want your finances to be spooky or eerie, it’s up to you, but they should never be unknowable. … More Cash Flow Analysis 20% Off for October
Ahh, to be self-employed or run a small business – the freedom, the mental stimulation, the crushing anxiety, and the chaotic cash flow. For some, money coming into the business coffers is either feast or famine. How do you get a grip on your business finances when client payments don’t follow a predictable schedule? … More My Chaotic Cash Flow
For the self-employed, tracking miles driven for business can generate a significant reduction in taxes. Unless your actual auto expenses are a better deduction, but I’ll leave that debate for another day. … More Track Your Business Mileage
Hopefully, at some point, growth-minded entrepreneurs need help running their business. Maybe they can use contractors for some tasks, but they will need employees when they grow to a certain level.
And employees expect to be paid, which is not as simple as paying a contractor. … More Payroll Scares Me
Summer is almost over, so it’s time to buckle down and get back to work. What better way of getting back to work than with two free hours with a financial organizer. … More Back to Work Promo
For the love of the deity of your choice, please keep your business and personal financial transactions in separate accounts. Why am I so adamant about keeping these separate? … More Commingling Sounds Dirty
Another thought experiment. What if I gave everything away for free? Like permanently. I don’t charge for my financial organizing services. I put my writing on the internet for free – not just as a promotional exercise but as a permanent model. … More What if I gave everything away for free?
“When I was suckling at the corporate teat, my money came with reassuring regularity. Unless it stopped completely. But now I’m self-employed, my money comes when clients decide to pay me. But what hasn’t changed are the dates when I’m supposed to pay my bills.” … More Tales from the Self Employed: Cash Flow
Transitioning from an employee to self-employed has a lot of moving parts. One of those parts is taxes. No more will an employer compulsorily deduct taxes from your income. But the IRS still expects you to pay taxes. … More Tales from the Self Employed: Taxes