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The 7 Figure Playbook: Building Your Self-Employed Financial Toolkit w/ Andi Smiles

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Manage episode 375075206 series 3313309
Content provided by IndeCollective. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IndeCollective or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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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.
Follow Us for More Content on:
IG:
IndeCollective | Freelance MBA (@indecollective) • Instagram photos and videos
LinkedIn: https://www.linkedin.com/company/indecollec

Follow Us for More Content on:
IG:
IndeCollective | Freelance MBA (@indecollective) • Instagram photos and videos
LinkedIn: https://www.linkedin.com/company/indecollec

  continue reading

Chapters

1. The 7 Figure Playbook: Building Your Self-Employed Financial Toolkit w/ Andi Smiles (00:00:00)

2. Financial Management for Solopreneurs (00:00:01)

3. Self-Employed Finances and Collective Role (00:08:40)

4. Comparing Sole Proprietorships and LLCs (00:17:27)

5. LLCs and S Corps (00:24:59)

6. S Corp Tax Benefits for Self-Employed (00:29:18)

7. Maximizing Business Expenses and Self-Belief (00:36:47)

45 episodes

Artwork
iconShare
 
Manage episode 375075206 series 3313309
Content provided by IndeCollective. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IndeCollective or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

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.
Follow Us for More Content on:
IG:
IndeCollective | Freelance MBA (@indecollective) • Instagram photos and videos
LinkedIn: https://www.linkedin.com/company/indecollec

Follow Us for More Content on:
IG:
IndeCollective | Freelance MBA (@indecollective) • Instagram photos and videos
LinkedIn: https://www.linkedin.com/company/indecollec

  continue reading

Chapters

1. The 7 Figure Playbook: Building Your Self-Employed Financial Toolkit w/ Andi Smiles (00:00:00)

2. Financial Management for Solopreneurs (00:00:01)

3. Self-Employed Finances and Collective Role (00:08:40)

4. Comparing Sole Proprietorships and LLCs (00:17:27)

5. LLCs and S Corps (00:24:59)

6. S Corp Tax Benefits for Self-Employed (00:29:18)

7. Maximizing Business Expenses and Self-Belief (00:36:47)

45 episodes

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