Is starting a business a part of your new year's goals?
Esme Gonzalez, Founder and CEO of Balanced Ledger shares the 4 steps you need to take when starting your business.
In this episode we covered:
Separate your Personal from Business - Create a separate entity/ein - Legal protection from personal assetsSeparate your Personal finances from your Business Finances - open a new business account Create a Bookkeeping system to track your income and expenses, about 45% of business fail within the first 5 yearsBusiness Organization - Onboarding Process, Get an email (professional), Merchant Service?, Client management, File Organization, Contracts? Market/Advertising, Look into City/State regulations: LicenseLet us know if this episode resonated with you.
Follow Esme on social media:@the.balanced.ceo
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