If you run a business with salaried employees, there’s a critical update from the Department of Labor (DOL) regarding the new overtime rule you need to be aware of. New overtime rules come into effect in July 2024, with additional changes planned for January 2025. These changes might impact payroll requirements, your employees’ exempt status, […]
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We’ve got the ultimate cash flow forecast template for you … because we know managing personal and business finances can feel like juggling multiple priorities. Some months, the cash flows easily, and you feel in control. while other months are tight, making it difficult to make ends meet. If you’ve ever felt overwhelmed, know that […]
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BOI NEWS: REGISTRATION REQUIREMENT UPDATE AS OF February 9, 2025 Currently BOI reporting is voluntary for the most up to date information visit: www.fincen.gov/boi 😳 URGENT BOI NEWS: REGISTRATION REQUIREMENT UPDATE AS OF 12/24 More BOI News! The courts clearly weren’t in the Xmas spirit- the appeals court OVERTURNED the recent injunction the Texas court […]
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Cash flow forecasting is crucial for business owners who want to avoid financial surprises and engage in effective cash flow planning. Even profitable businesses can experience cash shortfalls, making it difficult to cover expenses and pay yourself on time. The cash flow forecasting process is essential for managing liquidity and making informed decisions. In this […]
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If you’ve ever wondered, “How Many Business Bank Accounts Should I Have?” you are not alone. Managing all of your business finances through a single checking account can cause chaos, leading to disorganization and missed opportunities for savings. To take control of your business cash flow and prepare for growth, it’s essential to implement a […]
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Many small business owners experience irregular income—one month’s profits soar, while the next month, business slows to a crawl. This unpredictability makes it difficult to plan, pay bills, hire staff, or reinvest in your business. It is crucial to account for all the money coming in before planning expenses, ensuring that fixed and essential expenses […]
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Running a business brings both freedom and responsibility, and one of the biggest questions business owners face is: How much should I pay myself? Finding the right balance between personal income and business growth can feel daunting. In this article, we’ll walk through how to pay yourself as a business owner, using insights from Jamie […]
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If you’re running an S Corp, you might not understand the key benefit of S Corp Selection. Or even worse: you could be making costly mistakes without even realizing it! Imagine finding out that something you thought was harmless is actually putting your business at risk. Today, we’re diving into the three biggest mistakes most […]
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If you’re wondering if you need to build an email list for your business, picture this: You’ve just launched a new product or service in your business. Instead of scrambling to figure out how to sell it, you already have a well-oiled machine bringing in new customers who want what you have to offer. Sounds […]
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Digital Course Academy is a program created by Amy Porterfield that provides a step-by-step roadmap for creating and launching an online course. It covers everything from validating your course idea to creating and marketing your course. The program includes video training, worksheets, templates, and access to a private Facebook community.
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