How to Choose a Small Business Structure That Sets You Up for Success

You’ve nailed your business plan and you’re ready to launch your own business. Woohoo! Go you! Or maybe you’re a freelancer and you're beginning to realize you need to get a bit more organized to manage expenses and taxes.

Whatever your path of small business growth, choosing the right legal structure from the start will make it easier for your business to grow and change over time. It will help you to streamline your finances and your taxes, and provide you with a blueprint for handling the changes your business will experience as it expands.

Top 10 Things to Make Sure Are on Your Financial Bucket List

Bucket lists allow us to turn our ambitions into an action plan. By writing down our wildest dreams, we take them from our imagination and lay them out in plain English. Our dreams become that much more real and, by default, that much more likely to happen. It’s easier to see the actions we need to take to achieve the goals after we’ve written them down.

But what about a financial bucket list?

9 Questions to Help You Determine If You Have a Hobby or a Business (and why it matters)

At some point, you may feel that your hobby is becoming more like a successful side hustle—or part-time business—than something you only do to relax or exercise your creativity. It’s important to properly distinguish between a hobby and a business because the difference can significantly impact your financial future, especially when it comes to filing taxes.

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