I have some questions for you.
Did you prepare your taxes yet? Are you calculating your quarterly estimated taxes correctly? Do you know what quarterly estimated taxes even are? Can you sleep well at night knowing that you aren’t wasting money on taxes because you’re taking every tax deduction possible? Are you an independent contractor or LLC or S-Corp?
Running a business is not just fueled by passion and talent. It’s about the numbers; numbers tell the story of the financial health of your business Can you confidently say you’re running your business as clean and efficiently as possible?
We can’t do all the jobs – some people are really creative but run away in fearin the other direction when someone throws up a spreadsheet in front of them. Personally, I could sit at a blank computer screen for hours before inspiration hits while I’m trying to write a blog. We all have our strengths and weaknesses, but running a business requires us to learn new skills. So be honest – at this present moment, do you feel like you have a complete handle over your business?