Financial Foundations for Solopreneurs
Explaining the “why” behind understanding financial data, so solopreneurs can make better decisions and reduce stress.
Explaining the “why” behind understanding financial data, so solopreneurs can make better decisions and reduce stress.
As a solopreneur, hire a bookkeeper when you spend over three hours a month on your books, consistently fall behind, or the stress of it causes total avoidance. This is a strategic investment to prevent costly emergencies and reclaim your energy for growing your business.
Revenue is total income; profit is what's left after expenses and taxes. Spending based on revenue is the fastest way to manufacture a cash crisis because you're spending money that belongs to the IRS or your suppliers.
Yes, using a business credit card is a very smart move for most solopreneurs.
Creating a 12-month financial forecast is simpler than you think.
Using Weekly Financial Insights to Make Smarter Business Decisions