Do you have an S-Corp and wonder how the heck to implement Profit First? We get questions about this a lot!
Just a quick reminder that I’m not an attorney or an accountant. What I’m teaching you about today is a system I’ve seen work many times. It is not legal or financial advice. ✓
Many entrepreneurs start off as an LLC, which is simple and works well for many people. However, your accountant may advise you to switch to an S-Corp, leaving you wondering if you have to scrap your whole Profit First process because it feels too complicated. First of all, let me reassure you that this is absolutely achievable, and a simple system can give you clarity and peace-of-mind.
In this week’s episode of Profit for Joy TV, we’re going to be talking about how to get started implementing the Profit First system when you have an S-Corp!
- What is an S-Corp
- Why you might want one
- How to implement Profit First with an S-Corp
Action Steps: Do you have an S-Corp? Let us know what you plan to do to move towards implementing Profit First!
We’d love to hear your thoughts!
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- Post your questions in our amazing Sweet Life, Purposeful Money community
- Discover the cash flow management software we recommend HERE.
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Our community of soul-based, creative entrepreneurs looking to increase money love, awareness, and finally get control of both personal and business finances. In this community, you’ll have the opportunity to share topics that you’d like tips about. I’d love to hear from you!