One of the most stressful parts of running a business is preparing for tax season. What do you need to know as you approach year-end? How can you potentially save money in taxes by making some smart moves before December 31st? In this episode, you’ll learn 5 valuable year-end tax tips and steps to take now on the money front. Why right now? Because what many business owners don’t know is that the way you wrap up your year financially can have a BIG impact on your taxes in the spring.

In this episode Lisa shares:

• 5 tax tips to save money in taxes
• 3 action steps to take to get organized around your business expenses
• A short list of legitimate business tax expenses
• A bonus money-organizing tip that will save you time during next year’s tax prep
• How long you need to keep your receipts
• What you need to know about recording your income
• Why you should hire an accountant (even if you’re just starting out)
• 5 examples of BIG purchases to make before year-end to save money in taxes
• How to plan for setting up a retirement account
• Basics about SEP-IRAs and independent 401ks
• Why Lisa aligns getting ready for tax season with the solar plexus chakra

Freebie:Download Episode 40 Tip Sheet

Resources:Easy Legal Steps - download the first book chapter free

Top 10 Questions to Ask When Hiring an Accountant - download the free checklist

Mentions:

Episode 3: Do I Need to Register My Business?

Episode 39: 3 Things ALL LLCs Must DO

Nordstrom

Macy’s

QuickBooks

FreshBooks

Mint

Stripe

PayPal

doTerra

Usana

Money: A Love Story by Kate Northrup

St. Lucia  

Costa Rica

Do you have questions about these 5 money-saving year-end tax tips? Please reach out to me at [email protected]. We’re always happy to help you however we can!

An LLC, or Limited Liability Company, is one of the easiest corporate entities to set up for your business. However, there are several requirements you must follow to keep your status as an LLC. Many biz owners don’t know - or were never told about - these 3 key actions that all LLC owners must take to protect and honor your status as an LLC. Otherwise, you can jeopardize the very protection created for you by your LLC.

I always say that “you always know when it’s time to go pro” when it comes to creating an LLC but be sure to also talk with an attorney and your accountant to make sure it’s the right time for you to create and maintain an LLC.

In this episode Lisa shares:

• The 3 “Must-Do”s that all LLC owners need to know and do
• How to make it obvious that you have an LLC
• Where you need to show your LLC designation  
• Why you need to inform people that you have an LLC
• Why you need to open a business bank account for your LLC
• How to pay yourself, your business expenses and personal expenses
• Why you can’t commingle your funds
• What you need to know about LLC renewal fees
• Why Lisa aligns LLCs with the third eye chakra

Freebie:Download Episode 39 Tip Sheet

Resources:Easy Legal Steps - download the first book chapter free

Top 10 Questions to Ask When Hiring an Accountant - download free checklist

Episode 34: Erin Armstrong on Accounting & Tax Deductions for Business Owners - download the “73 Top Business Deductions for Small Business Owners That Are Often Overlooked” Resource Guide

Mentions:

Capomo Coffee

Dr. Keesha Ewers

High Impact Health Coach Summit

Mark Sisson

Primal Kitchen Vanilla Coconut Collagen Fuel

So Delicious French Vanilla Coconut Creamer

Episode 6: When Do I Need an LLC?

Episode 20: 6 Reasons to Go Pro with an LLC or S-Corp

Episode 31: How to Choose the Best Business Name

Staples

Whole Foods

Target

Have questions about LLCs or want to create an LLC? Feel free to reach out to us at [email protected]. We’re happy to help you however we can and I always love hearing from you.

I’ve invited Keri Nolan to be a guest on the podcast because I have respected her work for so long. She is multi-talented and looks at the world from a beautifully grounded, energetic place, and she has hosted podcasts and retreats as well.  

Keri shares that she is working with healing entrepreneurs around the topic of abundance and prosperity. She finds that healers have such open and giving hearts and tend to get a little stuck when it comes to giving permission to receive. What does it say about us if we’re willing to experience expansive abundance and resources and freedom and liberation in our business as a result of sharing our service with the world? Keri has created a free experience called the Abundance Activation Challenge which invites people into a 6 day journey of visiting some wounds they might have around money. She is excited to invite more people to join the journey of saying “Yes, I CAN heal and help and serve AND experience freedom and financial prosperity and abundance at the same time!”       

Lisa and Keri discuss:

• Shadow work and illuminating what is hidden
• How to share and integrate your whole truth in your business
• The importance of showing up fully and completely
• Expanding your capacity to receive abundance
• Recognizing false illusions that may block your ability to receive  
• How legal protections can help provide clear energetic boundaries
• How clarity translates into more connection and clients
• The importance of giving clients space to make decisions on their own time
• Making empowered decisions vs. making fear-based decisions
• How being clear with what we need money for creates expanse and liberation
• Mirror work and understanding what’s clear and what’s blocked
• Running a business that honors legal documents as living essences
• Using your intuition to make exceptions as needed around legal documents
• How clear legal documents can make you and your clients feel safe and free
• The importance of working with a lawyer that feels right to you
• Benefits of the Abundance Activation Challenge

More About Keri:Keri Nola is a serial soulful Entrepreneur, expressing her work as a Best-Selling Author, retired Psychotherapist, Awakening Healer, Energetic Visionary, Oracle Card Creator and Founder of the Sacred Soul Circle for Healing Entrepreneurs. She’s also co-host of The Healer’s Code podcast. While building and maintaining an abundant clinical practice for over a decade, Keri’s work has since evolved to support Light Workers in awakening their gifts through mentorship, products, programs and retreats. She is on a mission to ignite a global, heart centered conversation that allows healers to activate their abundant healer archetype and bring their precious light to the planet at this special time of humanity’s evolution. She holds conscious space to gently, yet powerfully witness and support healers in bringing their soul's work to life with more ease and less struggle---the new path to serving. Feeling most at home by the water, Keri lives in beautiful Southern California.

To learn more and join Keri’s community, visit her website at www.kerinola.com 

Freebie:

Take Keri’s free “Abundance Activation Challenge” at bit.ly/keri-nola-abundance

Resources:

Easy Legal Steps - download the first book chapter free!

Let’s face it. Lawyers have a bad rap. A lot of people have had bad experiences with lawyers or sometimes associate lawyers with bad or sad events in their life – whether they’ve gone through a painful divorce, or they’ve had to handle a will or estate after losing a loved one, or maybe they bought or sold or foreclosed on a house, or created or ended a business and not always on such good terms. But lawyers aren’t all bad, and lawyers and entrepreneurs aren’t all that different. We’re both are tough on ourselves. We both feel we need to “do it right” and “not mess up”, and we ALL want to serve our clients well and care for them the best that we can.

As a business owner, you need a lawyer, and you need to work with a lawyer to protect yourself, your business and your brand. You want to find a lawyer who truly understands your work. You want to work with an attorney who can help you take the right legal steps for your business at the right time so you feel safe, secure, confident and empowered – and not legally naked. But who do you hire? Where do you find a lawyer you can trust? And what questions should you ask when hiring them to see if you’re a match? In this episode, you’ll learn the Top 10 Questions to Ask When Hiring a Lawyer.

In this episode Lisa shares:

• The biggest fear of most entrepreneurs
• 2 key times to hire a lawyer
• What kind of lawyer you need for your business
• The most important thing to consider when hiring a lawyer
• Where to find a good lawyer who understands your business
• What a lawyer can help you do as a business owner
• Why Lisa believes working with a lawyer aligns with the third eye chakra
• Top 10 Questions to Ask an Attorney

Freebie:Download Episode 37 Tip Sheet

Resources:Easy Legal Steps - download the first book chapter free!

Mentions:

“The 8 Biggest Fears of Entrepreneurship and How to Face Them”

JJ Virgin Vanilla Vegan Protein Powder

Easy Legal Steps That Are Also Good for Your Soul

Do you have other questions about what to ask a lawyer when you reach out to them? Please feel free to reach out to us at [email protected]. I read every e-mail that comes in and my team and I would love to help you however we can.

You may already know that if you work with 1-on-1 clients you want to use a written Client Agreement to protect your income, especially if you have a high-end client program. But what does that Client Agreement need to say? Does your current Client Agreement have huge gaps leaving you open to liability or loss of income? It’s crucial that you include these 5 key components in EVERY Client Agreement.

This podcast episode is devoted to helping you NOT miss these 5 key sections that should be in ALL of your Client Agreements.

In this episode Lisa shares: 

• When to use a Client Agreement
• #1 reason to use a Client Agreement and how it protects you
• 5 crucial components of Client Agreements
• 8 profit-protecting points to not miss!
• Why Lisa aligns boundaries and Client Agreements with the sacral chakra

Freebie:

Episode 36 Tip Sheet: lisafraley.com/episode36 

Resources:

Easy Legal Steps - download the first book chapter free!

Mentions:

Dr. Andrew Weil’s 4-7-8 Breathing Technique

doTerra Lemon, Grapefruit and Wild Orange essential oils

Episode 5 – “How to Protect Online Group Programs”

Episode 22 – “5 Must-Have Terms When You Sell Online”

Episode 2 - “The Reason to Use Client Agreements”

Mike Koenigs

The Crown on Netflix

Arnold Schwarzenegger in The Terminator

Do you have a business where you work with clients in other states or countries? Is your business solely online?  Do you have a “virtual office” or consider yourself a nomad without a “home base”? If you answered yes to any of these questions, you might be wondering what laws you should follow as a virtual business.

Whose laws do you follow? Whether you’re a jewelry designer, health coach, biz coach, life coach, spiritual healer, or any other type of holistic practitioner or entrepreneur with a “laptop lifestyle”, do you have to follow the law of the state where you are located - or where your client is located? And what if your clients are EVERYWHERE all over the world? How do you know which laws to follow then? Tune into this podcast episode to find out.

In this episode Lisa shares:

• Which laws you should follow as a business owner with a “virtual office”
• Two big reasons why you WANT to have a home base as an online business
• What should you ask a potential accountant when you’re interviewing them
• How to know WHERE to make your principal place of business
• How to register your business
• 2 reasons why registering your business locally is important
• Why Lisa aligns registering your business with the solar plexus chakra

Freebies:

Download Episode 35 Tip Sheet

Top 10 Questions to Ask When Hiring an Accountant

Resources:

Easy Legal Steps - download the first book chapter free!

Mentions:

Carolin Soldo

Loews Hollywood Hotel

Hollywood Walk of Fame

Matt Damon

Jimmy Kimmel Live

Zoom

Facebook Messenger

London, UK

Stockholm, Sweden

Miami, Florida

Do you have questions about business registration as a virtual business? Feel free to reach out to us at [email protected]. My team and I would love to hear about your situation and help you get the resources you need.

In this episode, I interview Erin Armstrong, Small Business Tax & Money Coach, Entrepreneur, and Professional Speaker who has helped hundreds of entrepreneurs understand their business financials through her services and online course called Tax Deduction Clinic. She especially “gets” lifestyle business owners and mompreneurs, and understand there’s a particularly great need for financial information to be presented to small business owners in a digestible, non-fearmongering, and conversational way.

Erin wants small business owners to feel like they can understand and make solid financial decisions in all aspects of their business. Erin’s goal is to maximize the money small business owners can keep in their pocket, and know what tax deductions they can legally take that will save them money and that will help them to have more money to continue to invest in their business.

In this episode Lisa and Erin discuss:

• The benefit of making the right tax deductions
• Transitioning to a higher tax bracket and options for investment
• Realizing that what you do now will set you up for next year
• Helpful tips around the new tax plan
• What business owners should do with surplus money at the end of the year
• Importance of making sure your accountant understands how you’re making money

Free gift:

Download Erin’s free guide “73 Top Business Tax Deductions for Small Business Owners That Are Often Overlooked” at erinarmstrong.com/lisa. 

Resources:

Easy Legal Steps - download the first book chapter free!

Mentions:

Erinarmstrong.com.

Tax Deduction Clinic

One of the most complicated areas of the law that impacts entrepreneurs, coaches and holistic professionals is Trademarking. It’s trickier than it looks. Your Trademark Application description needs to be spot-on and really specific, or it may have holes that leave you vulnerable to others financially benefiting from your hard-earned brand identity and value. Listen in to this episode to learn from one entrepreneur’s mistake and use the lesson to protect your own unique brand.

In this episode Lisa shares:

• What can happen when a federal Trademark Application isn’t done properly
• Two key elements of the Trademark Application - the Description and Classes
• Why you should work with an attorney when Trademarking
• The value of “Owning Your Power” as an entrepreneur and business owner
• Why Trademarking is the crown jewel for business owners and entrepreneurs
• Why Lisa aligns Trademarking with the crown chakra

Resources:Easy Legal Steps - download the first book chapter free!

Trademark Search Trademark Application

Mentions:

Episode 7 – What You Should Trademark

Episode 25 – How to Trademark in 2 Steps: The Search & The ApplicationOwn Your Power CommunicationsOprah Winfrey

O MagazineCourt Case -  The original case was tried in federal district court in the state of New York as Kelly-Brown et al. v. Winfrey et al., US District Court (S.D. New York,), No. 1:11-cv-07875. After a long legal process, in September 2016, the decision was upheld on appeal in favor of Oprah by the Second Circuit Court in Kelly-Brown et al. v. Winfrey et al., 2nd US Circuit Court of Appeals, No. 15-697.

Own Your Power® is a registered trademark of Simone Kelly-Brown.

Getting on camera can feel terrifying. Recording videos can make you feel visible and vulnerable and unsure of yourself – at least that’s how I used to feel. But not filming videos can hold you back from sharing your message, from reaching more clients and from having the business and life that you want. In this episode, I share the 4 steps that made me feel Courageous and safe to film videos and how you can work through your Fear to step in front of the camera too.

In this episode Lisa shares:

• What it’s like to be successful but still experience Fear
• 4 steps that make it safe to film videos
• What Lisa did about technology, styling, set design and working through blocks
• Why you should keep filming videos (even if they’re not perfect!)
• What to do INSTEAD of trying to remove Fear altogether
• How to drop into your heart and focus on your “come from”

Resources:Easy Legal Steps - download the first book chapter free!

Mentions:

Episode 12 – 3 Tips to be More Visible, Vulnerable and Courageous

Episode 4 – When to Use a Privacy Policy

Episode 9 – Keep Copycats Away from Your Website

Jonathan Fields’ Camp GLP

Carolin Soldo

Chantelle AdamsDr. Keesha EwersMike KoenigsTracy Matthews

The Health Coach Group

Health Coach Institute

What name should I choose for my business? Should it be my personal name? Something else? How do I know if the name I want is even available? How do I register my business name? There are several things to think about when it comes to selecting the right name for your business. The BEST business name is aligned with you, your brand and your messaging from a marketing standpoint AND it’s energetically aligned with you. How so? Listen in to this episode to learn how to choose the best business name right from the start.

In this episode Lisa shares: 

•      What to consider when choosing a business name
•      Whether to use your personal name or a more creative name
•      How to name a product-based company
•      Why your website should relate to your business name
•      Whether you own the business name when you purchase the website URL
•      How to know if the business name you want is available
•      Why Lisa aligns choosing a business name with the solar plexus chakra 

Resources:
Easy Legal Steps - download the first book chapter free! 

Mentions:

Banff & Lake Louise

Alberta, Canada

Town of Canmore

Rocky Mountain Soap Company

GoDaddy

iPage

NameCheap

BlueHost

1and1

HostGator

DreamHost

Episode 3 – “Do I Need to Register My Business?”

Episode 6 – “When Do I Need an LLC?”

Episode 13 – “What’s an S-Corp and When Do You Need It?”

Episode 7 – “What You Should Trademark”

Episode 25 – “How to Trademark in 2 Steps: The Search and the Application”