Money-Smart Solopreneur by Laura D. Adams -- Read -- Imperial Library of Trantor

Index

Cover Title Page Copyright Contents Introduction Part I: Becoming Your Own Boss (Even Part Time)

Chapter 1: Knowing What to Call Yourself

What Is a W-2? The Lexicon of Self-Employment Tips for Defining Your Business Refine Your Business Vision Exercise

Chapter 2: Pros and Cons of Being a Solopreneur

The Pros of Being a Solopreneur The Cons of Being a Solopreneur Evaluating a Solo Leap

Chapter 3: Keeping or Leaving your Day Job

Tips for Building a Business on the Side What’s Your Exit Strategy? Exercise Secrets to Turbocharge Your Productivity

Chapter 4: Creating Your Safety Net

Build a Cash Reserve Radically Cut Living Expenses Ditch Your Debt Stay Focused on the Positive Gather Your Data Exercise

Part II: Organizing Your Solo Business

Chapter 5: Understanding Business Entities

Sole Proprietorships Partnerships Corporations Limited Liability Companies Quick Business Entity Review Deciding on Your Business Entity Exercise

Chapter 6: Naming Your Business

Registering a Legal Business Name Do You Need a DBA Name? Trademarking Your Business Purchasing a Business Domain Name Try a Business Name Generator Exercise

Chapter 7: Getting Licensed, Banked, and Insured

Your Business Documents Opening a Business Bank Account Getting Business Insurance Operating a Homebased Business Face Your Fears Exercise

Part III: Managing your Finances for Success

Chapter 8: Setting Rates, Creating Proposals, and Negotiating

Setting Great Rates How Much Should You Charge? Creating Winning Proposals Negotiating for Higher Rates Determine Your Operating Costs Exercise

Chapter 9: Creating a Money System that Works

Finding Your One Money Objective Five Steps to Build Your Money System Using Automation to Your Advantage What’s Your One Money Objective? Exercise

Chapter 10: Best Financial Tools for Solopreneurs

Accounting Tools Project Management Tools Tax Tools File Storage and Sharing Tools Website Tools

Chapter 11: 15 Money Mistakes Solopreneurs must Avoid

Pitfalls that Every Solopreneur Should Avoid 15 Resources for Solopreneurs

Part IV: Understanding Business Taxes

Chapter 12: Settling Up with Uncle Sam the Right Way

Paying Income Taxes Which Tax Forms You Must File What to Know About Hiring Employees What to Know About Hiring Independent Contractors Do You Have a Business or a Hobby? Exercise

Chapter 13: Don’t Miss Out on Valuable Tax Deductions

Taking Advantage of Tax Deductions Master Your Record Keeping Exercise

Chapter 14: Getting Cozy Savings From a Home Office

Pros of Working from a Home Office Cons of Working from a Home Office Who Can Claim a Home Office? Home Office Expenses You Can Deduct Defining Your Home Office Exercise

Chapter 15: Record-Keeping Rules to Live By

Tips to Manage Records Like a Pro How Long to Keep Business Records Monitoring Your Business Progress Your Best Business Bank Account Exercise

Part V: Building Your Own Benefits Package

Chapter 16: Protecting your Health and Life with Insurance

Understanding Health Insurance Regulations How to Get Health Insurance Choosing the Best Health Insurance How to Get Life Insurance Insurance Savings Tip

Chapter 17: Getting Healthy, Wealthy, and Wise with an Hsa

Using an HSA to Cut Costs What You Can Purchase with an HSA How Using an HSA Boosts Retirement Savings Summary of HSA Benefits

Chapter 18: Planning for Retirement as a Solopreneur

Understanding Retirement Accounts Should You Choose a Traditional or Roth Account? How Much to Save for Retirement Tips for Choosing Retirement Investments Creating Your Retirement Vision

Chapter 19: Final Thoughts: Ten Action Tips for Solopreneur Success

Tip #1: Define Your Vision for Success Tip #2: Create Your Own Income Security Tip #3: Don’t Underestimate the Need for a Cash Reserve Tip #4: Choose a Realistic Business Timeline Tip #5: Surround Yourself with Like-Minded People Tip #6: Face Your Fears by Reducing Risk Tip #7: Build Your Skills Deliberately Tip #8: Make More and Spend Less Tip #9: Become Savvy at Inbound Marketing Tip #10: Get Good Advice When You Need It

Acknowledgments About the Author Index