Your Resource for all the financial “things” that come with small business
The Wealthy Entrepreneur Blog
How to Start Your Photography Business in 2025: Essential Financial Steps
So you've decided 2025 is your year to turn your photography passion into a real business. Maybe you've been shooting sessions for friends and family, and they're telling you it's time to go pro. Maybe you're tired of squeezing photo sessions into your weekends and dream of making this your full-time gig. Or maybe you've just invested in that dream camera and want to make it pay for itself.
Whatever your reason, if you're serious about making money from your photography in 2025, we need to talk about something that might not be as exciting as choosing your presets or planning styled shoots, but will absolutely make or break your success: setting up your business finances the RIGHT way from day one.
I've seen too many talented photographers struggle because they didn't set up their finances properly at the start. Let's make sure that's not you. 💸
So You're Starting a Business in 2025…
So you've decided 2025 is your year to start a business. Maybe you're tired of living paycheck to paycheck and want to build something on the side. Maybe you've got a side hustle that's starting to show real potential, and you're thinking it could become your full-time gig. Or maybe you're just ready to turn your skills into extra income.
Whatever your reason, if you're serious about making money from your own business in 2025, we need to talk about something that might not be the most exciting part of entrepreneurship, but will absolutely make or break your success: setting up your business finances the RIGHT way from day one.
I've seen too many passionate people with great business ideas struggle because they didn't set up their finances properly at the start. Let's make sure that's not you
Why Your Bank Balance Doesn't Equal Your Business Profit (And What to Track Instead)
Picture this: You just landed a $10,000 client project. Your bank account is looking pretty sweet. Life is good! But fast forward a few months, and somehow that money seems to have vanished into thin air. Sound familiar?
Let's talk about why your bank balance can be the most misleading number in your business – and what you should be tracking instead.
1099 Forms for Small Businesses: A Complete Guide to Who, When, and How [2024 Version]
It is nearly the end of the year and that means that for business owners, the 1099 season is upon us! And if you’re reading this thinking “I HAVE NO IDEA WHAT YOU”RE TALKING ABOUT” - this article is just for you.
Close the Deal on Taxes: The Ultimate 2024 Year-End Planning Guide for Real Estate Agents
It’s that time again - you’re navigating buyers wanting a shiny new home before January 1st and sellers who refuse to accept the state of the market and lower their asking price…but the one thing that’s not on your mind: Taxes.
Let's face it: in the world of real estate, you're used to helping others build their dreams. But what about your own financial future? That's where smart tax planning comes in. It's like finding that hidden gem in an up-and-coming neighborhood – get in early, make the right moves, and watch your wealth appreciate. So let's dive into how you can set yourself up for a financially fabulous new year!
Snap Up Success: The Ultimate 2024 Year-End Tax Planning Guide for Photographers
t’s that time again - you’re busy booking holiday minis, wrangling screaming kids in santa hats and preparing for the wave of leads during engagement season….but the one thing that is not on your mind: Taxes.
Look, I get it. The last thing you want to do is dive into a pile of receipts and tax forms. But here's the truth: nailing your year-end tax planning can be the difference between just running a photography business and building real wealth. So let's do this!
2024 Year-End Tax Planning: The Ultimate Checklist for Badass Small Business Owners
Its time to chat about everyone's favorite topic: year-end tax planning. Okay, maybe it's not your favorite (yet), but stick with me, the results will be worth it.
Look, I get it. You're busy disrupting industries and changing the world. The last thing you want to do is dive into a pile of receipts and tax forms. But here's the truth: nailing your year-end tax planning can be the difference between just running a business and building real wealth.