The Modern Independent The 7 Figure Playbook: Building Your Self-Employed Financial Toolkit w/ Andi Smiles
Does the nitty-gritty of financial management for your venture seem like an uphill battle? This episode with small business financial consultant and coach, Andy Smiles, will equip you with the tools and knowledge you need to set your independent business up for success, so you can focus on doing what you love!
We kick things off by getting up close and personal with Collective, an all-in-one financial platform tailored for the self-employed. It's not just about crunching numbers and balancing books, it’s about understanding the emotional relationship we have with money. Andy shares her own insight into how Collective has played a pivotal role in her journey, and how it can do the same for you.
We also shed light on different business structures, notably the differences between sole proprietorships, LLCs, and S Corps – because, let's face it, these are more than just fancy business jargon. Together, we decode the pros, cons, and tax implications, and Andy even drops some golden nuggets on when to elect to be taxed as an S Corp.
In the final part of our journey, we turn our focus to business expenses, particularly those that tend to slip under the radar. Andy underscores the importance of investing in yourself as a business expense, challenging existing notions around this concept. Lastly, we turn the spotlight on self-care and its vital role in managing a business. So, join us for an episode that delivers equal parts financial wisdom and self-care advice, and leave feeling more confident about managing your business and money. Remember, knowledge is power – and we're here to make sure you're well-armed.
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Follow Us for More Content on:
IG: IndeCollective | Freelance MBA (@indecollective) • Instagram photos and videos
LinkedIn: https://www.linkedin.com/company/indecollec