I'm Going Into Business Now What?!

So...you’ve got that dream business alllll planned out in your head. You know what you want to do, you’re feeling motivated to get started, you want to start makin’ money honayyy. 

BUT WAIT. Hold up. Not quite…

Instagram can make it seem like anyone can wake up and start a killer business in one day, but that ain’t true. Well, maybe you CAN, but it’s not a smart plan. 

Host Corri McFadden is an industry vet and has seen one too many businesses end up failing because they didn’t start strong bones of a business. They didn’t take the time to get processes in place before jumping in, and ultimately that can kill your company (and your sanity, hopes and dreams). Don’t let that be you!

In today’s show, Corri gets into the depths of smart business essentials that you probably haven’t thought of before. The laws, budgets, insurance, crises, payroll, and about a million other things you might have been putting off (or not aware of at all). She’s even sharing an awesome exercise that you can do TODAY that will help you budget for your biz - and set your own salary (in a practical sense).

You’re probably a little freaked out - it’s OK. You should be. It’s a lot. But consider this your definitive guide to getting started. Grab those headphones, that coffee (or tequila)...and let’s start building that biz. 

• [01:22] - So you've decided to go into business, now what?!
• [04:42] - Figuring out your own salary 
• [13:36] - How to find an accountant
• [19:06] - How to get a payroll company set up
• [20:52] - How to classify your business
• [28:13] - Why insurance is the most important bill you'll pay every month
• [32:44] - Corri McFadden email
• [32:50] - Corri McFadden Instagram
• [32:54] - Glitter and Bubbles

PS since some of the stuff we’re covering today is pretty technical and overwhelming, I wrote a whole blog post that will be super helpful afterward. Head to my post here as a final resource for this show.

If you'd like to receive new episodes as they're published, please subscribe to We All Have One in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show

This podcast episode was produced by Dante32.