Resources

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Business Operations & Management (3)

Man on a phone call in a local park

6 min read

How to Build Business Credit: A Step-by-Step Guide for Solopreneurs

From formation to financing, see how S-Corp solopreneurs can build business credit that protects personal assets and paves the way for sustainable,...

Man working in a home office with a dog

6 min read

What Is Equity in Business: The Secret to Building Wealth as a Solopreneur

What is equity in business? It's everything your business owns minus what it owes. Understanding equity helps you make smarter financial decisions and...

5 min read

How to Make a Fresh Financial Start: Solo's Guide to New Year Planning

While “new year, new finances” probably doesn’t top your list of new year mantras, it’s an undeniably helpful mindset to have as a solo business owner....

5 min read

Solo Summit Recap: Jason Feifer's Advice on How Solos Can Thrive In Change

If you’re feeling a little off balance in your solo business, you’re not alone—there’s a lot of change and upheaval right now.

5 min read

Solo Summit Recap: Financial Strategies Every Solopreneur Should Know

You know firsthand that running a solo business means wearing every hat—and that includes CFO. Yet, for most solopreneurs, planning and managing their...

Woman sat at a dimly lit desk

6 min read

S Corp Salary vs. Distributions: How to Pay Yourself

S Corp owners can unlock substantial tax savings by expertly balancing their salary with distributions, allowing them to sidestep the hefty 15.3% payroll...

Man working on a laptop in a home office

7 min read

What Is a Disregarded Entity? The Starting Line for Solo LLCs

By default, a single-member LLC is a 'disregarded entity,' providing solopreneurs with liability protection while allowing them to report business income...

Close up of hands typing on a computer

4 min read

How to Create a Balance Sheet: Step-by-Step for Freelancers and Creatives

A balance sheet isn't exclusive to large corporations; freelancers and creatives can gain invaluable insight into their financial health by using one,...

Businesswoman on the phone looking out the window and holding an ipad

5 min read

How Do You Calculate Gross Margin? The Fastest Way to Know If You're Profitable

Learning how to calculate gross margin gives solopreneurs instant clarity on their business’s profitability. This simple formula reveals if your pricing...

Man working in a home office

6 min read

How Do I Pay Myself as an S Corp Without Guesswork?

As an S Corp owner, optimizing your salary-to-distribution split can lead to significant tax savings, reducing your self-employment taxes by thousands...

Man standing in a room, holding a document

5 min read

CP-575 Letter: What It Is and How to Never Worry About It Again

The CP-575 letter, your IRS-issued confirmation of your Employer Identification Number (EIN), serves as your business's official identity. It's essential...

man sitting in a sunlit room, he is using a computer

6 min read

What Is a Fiscal Year? The Solopreneur's Guide to Smarter Tax Planning

For most solopreneurs, understanding your fiscal year is straightforward: the IRS typically requires using a calendar year (January 1 to December 31),...

7 min read

S Corp Distributions Made Simple for Solopreneurs

Hitting the $60,000 profit mark as a solopreneur unlocks significant tax savings through S Corp distributions, helping you cut down on self-employment...

S Corp owner with a tablet in hand

5 min read

How to Set Up Payroll: The Step-by-Step Guide for S Corp Solopreneurs

Establishing payroll as an S Corp solopreneur isn't just about checking off compliance boxes; it's a savvy strategy that empowers you to save thousands by...

The Wedge Newsletter

5 min read

The System That Turned 60-hour Weeks Into 30 Focused Hours

Welcome to The Wedge, a newsletter for solopreneurs who build with structure and purpose. Every newsletter, we study and share how experienced...

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