23 Unique Business Ideas (That You Can Start in 2022!)

Small businesses are the backbone of America’s economy, no question about it. The numbers speak for themselves: 29 million = Number of small businesses in the US; 500 million = Number of patents filed annually in the US; 50% = Half of the private sector is employed by small businesses. All it takes is one unique business idea (and sometimes a little money in a savings account to get started) and you could be there too. But coming up … [Read more...]

The Best Cheap Business Cell Phone Plans for 2022

  Let's look at the best cheap business cell phone plans available today. As a freelance writer, my "office" is wherever my laptop happens to be open. And my "business phone," is the same phone that I use for personal phone calls and texts, or checking Facebook and Twitter--my cell phone. In my case, I only have my own cell phone bill to worry about. But if you're a growing small business owner, your employees may rely upon … [Read more...]

Protect Your Small Business with Insurance from CoverWallet

I have been working for myself for nearly a decade, but I have only recently started to think of myself as a small business owner. As a freelance writer, I thought I could opt out of many of the expensive aspects of traditional entrepreneurship. I thought I had no need for things like small business insurance. After all, I have no employees and an office that is not open to the public. I always assumed there was no need for me to … [Read more...]

Small Business Bookkeeping is a Breeze with Bench

  I have been freelancing for close to a decade, which includes handling my own small business bookkeeping. Since I have no background in accounting, learning how to manage my books was not easy. And frankly, handling my own books is not my favorite part of my business. Not only does bookkeeping take time away from the income-generating work of pitching, researching, and writing articles, but I always have a nagging worry that … [Read more...]

How to Start a Bookkeeping Business and Work From Home

If you’re good at organizing financial information for business owners, you might want to consider starting a bookkeeping business. Bookkeepers build a business’ financial foundation, helping entrepreneurs make decisions about the future success of their business. Good bookkeepers are always in demand since many business owners don’t have the time (or inclination) to run this side of their business. Learning how to start a bookkeeping business could get you on the … [Read more...]

7 Ways to Grow Your Business | My $0 to $1 Million Dollar Story

Looking for ways to grow your business? In 2011, my conference business had a total revenue of $89,000 (see my first profit and loss statement here). By 2017, just seven years later, the revenue had grown to over $1,000,000. The team and I did this without receiving investment money, without taking a loan, and without spending money on marketing. We've no doubt benefited from an expanding market (more bloggers, podcasters, … [Read more...]

Get Free Personal and Business Credit Scores at Nav.com

  Learning more about your business credit is not as simple as it is for your personal credit. It's a totally different system for business credit and there are fewer services available for checking it. Thankfully, Nav.com has come along to help small business owners (and individuals) better understand their credit. As you'll see, Nav has premium offerings to consider, but even their basic service allows you to check your … [Read more...]

How to Find the Most Profitable Service-Based Small Business for YOU (+8 Ideas to Get Started)

The success of a business depends largely on its owner. The owner's strengths and weaknesses will translate into the business. Finding a successful business means finding a successful business for you. Something that uses your strengths and minimizes your weaknesses. No single business is right for everyone. But I strongly believe that anyone who wants to own their own business can find a business where they can thrive. You can jump right to our business ideas … [Read more...]

Introducing Vidzuno, aka How to Start a Video Production Company

I recently started a third business: FinVid, LLC (doing business as Vidzuno). We’re calling it a "video production company" with a mission to "help influencers and brands create amazing video." It’s admittedly broad in scope. We’re hoping to refine that this year. Today I thought I’d share my motivation for this new company and walk you through the steps I took to get it up and running. This company--and how I think about … [Read more...]

The Paycheck Protection Program (PPP) – What We Know & Where to Apply

If you're like me and you run a small business, you could qualify for the Paycheck Protection Program (PPP). This looks to be a promising opportunity for small business owners and the self-employed to recoup some of the damages inflicted by the economic and social effects of COVID-19 and the subsequent government response. The PPP will allow you to continue to pay yourself, your employees, and possibly your independent … [Read more...]

The Minimalist Home Office: 5 Tips to Organize Your Workspace and Get More Done!

If you’re like me and run a business or side hustle from a home office (or just work remotely sometimes), then you understand the need to have a clutter-free, minimalist home office environment. Growing up, my Mom always told me, “clear space, clear mind.” That little nugget has always stuck with me. I believe it. My friend Joshua Becker just authored a new book, The Minimalist Home: a room-by-room guide to a decluttered, focused … [Read more...]

A Fee-Free High-Interest Checking Account For Small Business Owners: Spark Business [Review]

Note: Capital One is "not accepting new Spark® Business Savings or Spark® Business Checking accounts right now." See our list of the best free checking accounts for more options. I have been banking with Capital One for many years now—ever since Capital One purchased ING Direct in February of 2012. Though I have always been very pleased with Capital One’s higher APYs for savings accounts (at least compared to traditional … [Read more...]

How I’m Using the QSEHRA [Managed by Take Command Health] to Deduct My Employees’ Healthcare Benefit

In this article, I'll share how I set up a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) to deduct the healthcare expense reimbursement benefit I offer my three full-time employees. In short, this is how I help my team with their health care needs (and get a tax deduction for it) without having to buy an expensive group health insurance policy. A QSEHRA is a plan that allows employers to reimburse employees for … [Read more...]

The Best Personal Loan Sites for Small Business Owners (in 2022)

  Small business owners are no strangers to financial headaches. From securing startup financing to covering temporary cash-flow problems, small business owners often have to work quickly to find a solution that will keep their business humming. Taking out a personal loan is one solution that is often overlooked. Bootstrapping your business is always best, but sometimes excess capital is needed. While a personal loan may … [Read more...]

QuickBooks Online Review 2022 | What Does My Accountant Say?

Editor's note: I use QuickBooks Online to handle the accounting for my blog and conference business. I turned to my accountant, Brad Case of Taylor & Associates, who uses it every day on my behalf, to provide a quick review for anyone interested in using it. Here's Brad... Running your successful business can be very challenging. Making the sale, providing the service, and/or producing the product can (and should) consume you … [Read more...]

038: Unemployed to Self-Employed with LaTisha Styles

LaTisha "Tish" Styles is a nationally recognized millennial personal finance expert and digital marketing professional. She is the founder of Young Finances and President of Financial Success Media, LLC. In this episode, LaTisha and I discuss her #1 money tip, her story with money, and her inspiring entrepreneurial journey. So let’s dig in. Let’s meet today’s Master of Money. Listen to the Episode with LaTisha Listen to it on iTunes. I hope you enjoyed … [Read more...]

027: Retiring in Your 30s with Startup Founder Michael of Financially Alert

Michael retired early in his mid-thirties after successfully starting and running an I.T. services company. He is currently a stay-at-home Dad, blogger, & investor. His mission to help others find financial freedom so they can pursue their passion freely. He blogs at www.financiallyalert.com. I’ve met Michael in person, at FinCon, but the main reason I wanted to have him on the show is that of he publicly shares his net worth...now over $1.8 million! In this … [Read more...]

026: Serial Entrepreneur Erin Chase of $5 Dinners Teaches Us Business and How to Save Money on Groceries

Erin Chase is on a mission to help you spend less money on groceries and has developed the teaching resources and practical tools to help you cut your grocery spending. You can find more about these amazing resources at 5dollardinners.com. In this episode, Erin shares her financial struggles, how she found early success with her money, her amazing tips for saving money shopping for groceries, and the big goals she has for her financial future. I know you’ll enjoy … [Read more...]