Freedom Economy

Tax season is upon us, and while the process usually strikes fear in the hearts of many small business owners, freelancers and entrepreneurs, it doesn’t have to! We understand that filing your taxes can be time-consuming and frustrating, so we’ve got all the info you need to ensure that your tax season goes off without a hitch and keep you organized for the year ahead. Be a Stickler for Details If you’ve transitioned from a traditional 9-5 into entrepreneurship or small business ownership, you may feel a little overwhelmed by the bookkeeping involved. From receipts and expenditures to invoices and incoming payments,…

Many startups, freelancers and entrepreneurs ask the question, “Can you start a business without writing a formal business plan?” The simple answer to that is “Yes” – sometimes entrepreneurs strike gold the first time around as the right timing meets the perfect circumstances – but the more realistic answer is “Not really.” Developing a successful business is like trying to put together a puzzle, and if you don’t know what picture you’re trying to create, sometimes those puzzle pieces just won’t fit. So a business plan is really your road map to success, and without it you run the risk…

Want to find success and happiness with a digital nomad lifestyle? Developing a set of good habits can help you get closer to achieving your goals. In many cases, developing good habits means letting go of or completely retraining yourself to avoid certain bad habits that can ultimately keep you from getting where you want to be. Bad habits: Everybody has a few. Maybe you bite your nails or you forget to text people back. Or maybe you leave dirty dishes in the sink. None of these are particularly damaging to your everyday life, but what about the bad habits…

If you own a business, chances are you’ve had more than a few opportunities to attend networking events. And as a solopreneur, maybe it seems like networking events aren’t really for you. You might think your business is too small to participate in a large event. Or, perhaps you don’t see the value in spending a few hours listening to other people talk about their businesses.  But you may want to rethink your feelings on networking events because they have incredible potential to be a game changers for your business. Here are 4 reasons you should take advantage of networking…

Growing a business from nothing is an uphill battle, especially in your first year. It’s difficult to turn a profit when you’re just getting started. But that doesn’t mean it’s impossible to see growth in your bank account in your first year of business. With careful planning and a lot of hard work, you are certain to prosper. Here are a few ways to plan for success and ensure that you’ll stay out of the red in your very first year as a business owner. Start with Some Money in the Bank You’ve probably heard a few rags to riches…

It’s no secret that people start freelancing because we love the prospect of what the freelancing lifestyle has to offer. We also get into freelancing to make money. One of the biggest benefits of freelancing is that there is no cap on how much money you can make. We are not limited to a salary or hourly rate. The more you produce, the more you can make. It’s one of the most appealing things about the lifestyle, and it’s one of the main things that motivates freelancers to go above and beyond and achieve great success. Obviously, you are not…