Quick Tips For the Self-Employed

Disclosure: this is a sponsored post in collaboration with Intuit QuickBooks and #WeAllGrow Latina Network.

I remember taking the leap into self-employment and feeling all together lost in the sea of tasks that had to be managed.

It was hard enough trying to figure out the differences between s corps and LLC’s, making sure everything was set up correctly and finally, figuring out finances.

Finances.

Yup, I said it. Spreadsheets, post it notes, invoices in a Word doc. That was my life, people!

Thankfully, I’m here to share another way with you. Because there’s no reason for you to have to go through my shenanigans. Learn from my mistakes!

Intuit QuickBooks offers you a way to maintain all things accounting. No more spreadsheets, folks.

My biggest fear was messing something up on my taxes. You don’t have to worry about such things, any longer.

With tools like the self-employment tax calculator, you’ll be able to avoid the heartburn and night sweats that could be brought on when working on taxes. Oh and did I mention that this calculator is free99? That’s also important when you are self employed. Amirite?

Lisssen, I’m not good with the maths so any help I can get, I’ll take it! I’m glad for services like this that also give you things you didn’t even know you needed.

When I was purchasing my home last year, additional paperwork was requested (at the last minute, of course) that could’ve put my closing date at risk. Now, I learned about this in my finance class but did I have it ready? I sho did not.

There was some running around all over the place that could’ve totally been avoided. You see, Intuit QuickBooks also offers a free income statement template, examples, and a guide! These are all things I wish I’d had at my finger tips.

Don’t wait until you are in a bind (around tax time or home purchases or any myriad of moments) to realize that you should have an accounting tool working for you.

The best tips for self-employment that I can give are:

Track your purchases and expenses
Create invoices and payment systems
Have business forms like income statements handy
Automate/streamline as much as you can so you can focus on your work

All these tips can be covered by Intuit QuickBooks. It’s a one stop shop.

I recently found a new gem for those women entrepreneurs out there, too. They’ve released A Woman’s One Stop Resource for Starting and Financing a Business which provides information on starting up and financing our dreams. Doesn’t get much better than this.

For more details and information, you can check out the website and get at them on Facebook and Instagram. I think you’ll be pleasantly surprised at what you find. This stuff makes the maths more bearable and the business more fruitful.