
Your Resource for all the financial “things” that come with small business
The Wealthy Entrepreneur Blog
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.
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.