My dad has a tradition of giving the grandkids $20 in quarters for their birthdays. Last year, my son marched his literal money bags to the store on the day after his birthday and bought [...]
If you applied for the Paycheck Protection Program in early April, you've been on a quite a rollercoaster. In May, Congress recognized this program wasn't working for us small business owners. As a result, they [...]
UPDATE: As of June 15, 2020, the SBA has reopened the EIDL application to ALL businesses. The program is available through December 31, 2020, provided that funding remains. Once your application is approved, you have [...]
Depending on how your day has gone, you may feel like you're in rapid descent or outright free fall. An Instagram post from financial coach Maggie Germano resonated for me: Put your own financial oxygen [...]
A few weeks ago, I asked on LinkedIn, what would help you now? One of the most popular responses was, how do I plan in an environment of uncertainty? Melissa Anderson CPC/ELI-MP of boxtheoutside coaching & consulting and [...]
So many changes have taken place in the past few days. In response, we have been offering a webinar called "3 Ways to Protect Your Small Business Now." If you're stressing about how to pay [...]
A gentle reminder to report your freelance or business income to the City of LA by February 28, and to contact your councilperson about the gross receipts tax.
So, finally, we reach the question I get the most often from new business owners: how should I incorporate? Once your side hustle has some customers and you know you want to stick with it, it's likely time to level up to an LLC, S-corp, or C-corp.
This week, we dug into the five steps of a sales pipeline: confirmed interest, qualifying, proposal, verbal agreement, and contract. We use a sales pipeline to understand our likely revenue for a period and plan our operations. If you finished eight grade, you have all the math you need.