Hiring Independent Contractor vs Employee

If you’ve been managing your business solo up until now, it can feel overwhelming and scary to start working with someone else. It’s always scary to try something new, but when you’re looking to recruit quality help for your business, usually the support you gain outweighs the feelings of fear.

Since 2021 we’ve seen millions leave their jobs in pursuit of more flexibility, happiness and ultimately more freedom. The “Great Resignation” has caused many business owners and workers alike to wonder if the traditional working relationships of employee and employer is sustainable long term.

With more and more people leaning towards entrepreneurship you may be wondering what’s the best move for your company. Should you look into hiring a full time employee or start working with an independent contractor? In this post we’ll get into what constitutes an employee vs an independent contractor, as well as what option will suit you and your business...

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Multiple Streams of Income

Life is EXPENSIVE. I think that’s something everyone can agree on. From bills, to groceries, to excursions and your daily cup of coffee from your favorite coffee shop things tend to add up, and quickly.

That’s why in the past few years entrepreneurs have been speaking to the importance of having multiple streams of income. Having multiple streams of income can change your life by offering you the one thing everyone craves, freedom.

Freedom to buy what you need and what you want. The freedom to take a vacation to recharge your batteries so that you can evade the ever present concern of burnout. Freedom of choice and having the personal agency to do as you please, when you please. That’s the reality you can create for yourself and your family when you open yourself up to diversifying your streams of income.

Earned Income

For most people, earned income means the money you make from your job. This is your primary stream of income, and since you can usually make a...

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5 Tax Tips for Business Owners

Tax season is here and if you own a business this time of year can be especially stressful. Since being a small business owner can be expensive in and of itself, you definitely don't want to be over spending when it comes to filing your taxes.

It’s easy to over pay when you’re doing your own taxes. Services like TurboTax are great for keeping up with your personal taxes, since they tend to be pretty straight forward. But, when it comes to your businesses taxes something that seasoned business owners unanimously agree on would be to hire a trusted CPA.

Now let's not get ahead of ourselves! Here are 5 smart ways for small business owners to make tax season a breeze and reduce your liability this tax season and every year thereafter.

Work with a Well Qualified CPA

A certified public accountant (CPA) is just another name of a tax advisor. They make sure that your taxes are up to snuff and they help you to receive any tax credits and  deductions you may be eligible for....

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Why you should be working from home in 2022!

 

Everything is shifting over to the remote world. There are remote-jobs, offices, and co-working spaces all around the virtual world. Switching over to a remote position may be a little intimidating if you are not used to working from home, but there are many benefits that come along with a remote position.

If you are intimidated by the idea of working alone, without a supervisor, don’t worry. A lot of companies provide extensive training and have developed a great co-working community within their company, someone will always be there to help!

Now let’s move on to the benefits. 

The number one benefit is the obvious, the “remote” aspect of it. The feeling of rolling out of bed and being able to crack open your laptop to begin work all while still having time for breakfast, coffee … maybe a quick workout session is very fulfilling.

Moving on to the second benefit of working from home, commute time! By working from home you are also spending...

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