Consultants and Money

60-Financial Basics for Starting a Consulting Gig in 2024


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Is THIS the year that you are leaving the corporate cushion and heading out on your own? If so, here's the "speed dating version" of what you need to get set up.

  1. Set up an LLC
  2. Get an EIN
  3. Get a separate business bank account
  4. Get business insurance
  5. Set up a good bookkeeping system (and maybe hire a good bookkeeper, too!)

If you want a deeper dive into the items above, check out the episodes below:

Episodes in the "Business Money 101" series:

  • Ep 3 - Financial Foundations - https://www.ericagoode.com/podcast/ep3
  • Ep 4 - LLCs and EINs -https://www.ericagoode.com/podcast/ep4
  • Ep 5 - Business Insurance - https://www.ericagoode.com/podcast/ep5
  • Ep 6 - Bank Accounts - https://www.ericagoode.com/podcast/ep6
  • Ep 7 - Bookkeeping Practices - https://www.ericagoode.com/podcast/ep7

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Consultants and MoneyBy Erica Goode

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