A Profit and Loss is a statement that provides a financial breakdown of your business and its financial health. In addition, the Profit and Loss Statement assists when applying for business loans and personal loans.
One of the biggest concerns I had when starting my blog and online business was keeping my website and business protected legally.
With hard work and discipline, you can achieve simple financial goals. Goals can be based on a short term or long term time frame; however, I believe giving yourself a good year makes sense for a variety of financial goals.
There is much to think about when you prepare your small business for tax season. You can always make tax season easier on yourself by having an accounting system in place, keeping up with your bookkeeping, and understanding your small business deductions.
Small business owners can easily stay on top of their W9 forms by asking for a W9 form before work begins instead of waiting until the end of the calendar year.
What isn’t fun about traveling? I love to travel knowing I will see something new or learn a new culture. But let’s face it travel planning is not so fun and can be time consuming at best.
Our personal and business lives are engulfed with passwords. Passwords are used for email, banking, music, food delivery, online purchases, and so much more. Every time I turn around I need a new password.
Life events take place throughout our lives. Regardless of when life events happen it’s good to have a financial plan ready to help with the change.
Is there something you enjoy doing when you’re not working? What is your go to hobby when you have extra leisure time on your hands?
If you have been asked multiple questions about your hobby, consider turning it into a profitable side hustle.
Are you working to pay debt, starting a savings account, holiday fund, or a travel fund? Some people work a second job to increase income, while others work weekend side jobs because of assistance with childcare or other weekly duties.
There are plenty of side hustles; however, not everyone wants to work online, some might actually enjoy getting out and talking to others. There is a sense of enjoyment when you get up and have somewhere to go and something to do.
If you are a self-employed independent contractor, you are probably wondering if you can reduce self-employment taxes. The answer is yes you can!
Good bookkeeping practices make keeping track of your financial records throughout the year simpler. By keeping good bookkeeping records, you relieve added frustration and confusion during income tax season.
Looking for the right gift for the college student in your life? I have added a list of useful gifts for any college student that everyone can afford.
College is a fun, scary, and a very challenging time in a young adult’s life. Finding the right gift helps to make the transition in a college student’s life easier.
