There are a lot of resources out there when it comes to putting together your business plan, including resources within your own city. We highly recommend looking up the resources of the small business development center in your area, as they may even be able to help you (for free!) with your initial business plan.

What I did was take a look at my full skillset and figure out what I actually like doing, what I’m good at, and also what I could quickly start to sell. For me, that was freelance project management. Maybe you can look back at your work history and pinpoint a job that you really enjoyed: figure out why you liked it, what skills you learned, and then maybe build an offering from that.

In this episode of Finance Friday, we’ll be hearing from Beth about what goes on behind the scenes when you send an invoice to your client. We’ll walk through the entire journey, from setting up your payment terms, to submitting paperwork, to how to properly format your invoices, and more.

When you are an employee, you split the cost of payroll taxes with your employer. Each paycheck, your employer covers half of your payroll taxes, and you cover the other half. When you are self-employed, all of that comes from YOU. You are now the employee and the employer.

In Beth’s own words, “everybody has the capacity to be their own CFO.” Beth believes we should all work for ourselves, and with her 25+ years of experience serving 50+ clients, she'll show you exactly how to financially manage your own business, and teach you about costly mistakes to avoid.